/raid1/www/Hosts/bankrupt/TCR_Public/171114.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, November 14, 2017, Vol. 21, No. 317

                            Headlines

06-019 VACAVILLE: Tenant Tries to Block Approval of Disclosures
1018 MORRIS PARK: Hires Hart Vida & Partner as Accountant
1776 AMERICAN: Aguilar Buying Houston Property for $137K
1776 AMERICAN: Howgego Buying Houston Condo Unit 202 for $37K
21ST CENTURY ONCOLOGY: Plan Confirmation Hearing Set for December 1

9 HOUSTON LLC: Taps Jones Lang LaSalle as Real Estate Broker
ACOSTA INC: Bank Debt Trades at 12.48% Off
ADVANCED SOLIDS: Unsecureds to be Paid from Net Available Funds
AIRPORT ROAD MINING: Taps Cavanagh Law Firm as Legal Counsel
ALLIANCE SECURITY: Seeks January 12 Exclusive Plan Filing Extension

AMG INTERNATIONAL: Wants Plan Filing Deadline Moved to Jan. 30
APPVION INC: Proposes Key Employee Retention Plan
AVAYA INC: Files New Disclosures Supplement for 2nd Amended Plan
AVAYA INC: Fitch Affirms 'B(EXP)' IDR Amid 1st Lien Loan Under Plan
AVAYA INC: Moody's Affirms Prov. 'B2' Corporate Family Rating

BALDWIN PARK: Wants to Obtain Authorization to Use Cash Collateral
BEASLEY MEZZANINE: S&P Rates $245MM Secured Credit Facility 'BB-'
BEAULIEU GROUP: Seeks February 11 Exclusive Plan Filing Extension
BELK INC: Bank Debt Trades at 17.69% Off
BESTWALL LLC: Taps Bates White as Asbestos Expert Consultant

BESTWALL LLC: Taps Schachter Harris as Litigation Counsel
BILLNAT CORP: U.S. Trustee Forms 2-Member Committee
BO EX VENTURES: Hires FisherBroyles as Bankruptcy Counsel
BO EX VENTURES: Nov. 16 Meeting Set to Form Creditors' Panel
BPS US HOLDINGS: December 20 Plan Confirmation Hearing

BRENDA ROBINSON: Taps Blumenfeld Law as Bankruptcy Counsel
C SWANK ENTERPRISES: Amended Disclosures Inadequate, PFC Complains
C&D COAL: Selling Real & Personalty Property in Bulk
CADIZ INC: Incurs $5.99 Million Net Loss in Third Quarter
CALIFORNIA RESOURCES: Liaos Have 3.15% Stake as of Nov. 8

CALIFORNIA RESOURCES: Proposes 2014 Credit Facilities Amendment
CALIFORNIA RESOURCES: S&P Affirms 'CCC+ CCR on New Loan Issuance
CANTRELL DRUG: Seeks Authority to Use Cash Collateral Until Feb. 4
CBL & ASSOCIATES: Fitch Cuts LT IDR to BB+; Outlook Negative
CECIL BANCORP: Reorganization Plan Declared Effective

CENTRAL GROCERS: Seeks Approval to Expand Scope of RSM Services
CHINA FISHERY: Withdraws KEIP Motion, Seeks OK of Bonus Plan
CLASSIC DEVELOPMENTS: Wants Plan Filing Extended to April 10
COMBIMATRIX CORP: Invitae Issues Reminder Regarding Exchange Offer
COMMERCE PARTNERS: Case Summary & 7 Unsecured Creditors

COOPER COS: S&P Rates New $1.425BB Unsecured Term Loan 'BB+'
CORBETT-FRAME INC: Renews Request to Use Cash for November 2017
CORE SUPPLEMENT: Renews Request for Approval on Cash Collateral Use
DAVID EVERRITT: Selling Pensacola Property for $150K to Pay Synovus
DAVID'S BRIDAL: Bank Debt Trades at 18.1% Off

DAWSON OIL: Needs More Time to File Plan, Complete Claims Analysis
DEAN FOODS: S&P Lowers Corp. Credit Rating to 'BB-', Outlook Stable
DEFINITIONS PRIVATE: Wants Plan Exclusivity Extended Until Jan. 2
ECLIPSE RESOURCES: Incurs $16.7 Million Net Loss in Third Quarter
ECOARK HOLDINGS: Ex-IBM Executive Joins Board of Directors

ECOARK HOLDINGS: Reports $12 Million Net Loss for Second Quarter
EQUITY COMMONWEALTH: Moody's Hikes Preferred Stock Rating From Ba1
ERIN ENERGY: Incurs $14 Million Net Loss in Third Quarter
EVIO INC: Expects to Get Provisional Testing License for Fla. Lab
EXGEN TEXAS: Nov. 16 Meeting Set to Form Creditors' Panel

EXGEN TEXAS: Seeks Authorization on Interim Use of Cash Collateral
EXGEN TEXAS: Seeks to Hire Kurtzman Carson as Claims Agent
EXPRO INT'L: Bank Debt Trades at 35.85% Off
F.G. DEVELOPMENT: Free Gospel Taps Burns Law Firm as Counsel
F.G. DEVELOPMENT: Taps Rowena Nelson as Legal Counsel

FISHERMAN'S PIER: Allowed to Use Cash for November 2017 Expenses
FITNESS FACTORY: Taps Bach Law Offices as Legal Counsel
FLORIDA FOLDER: Intends to Use Fifth Third Bank Cash Collateral
FOUNDATION HEALTHCARE: Emerges From Bankruptcy Protection
FRONTIER COMMUNICATIONS: Bank Debt Trades at 5.54% Off

FUNERAL SERVICES: Unsecured Creditors to Get Nothing Under Plan
GARRETT PROPERTIES: Top of World Condo to Get $269 a Month, With 4%
GASTAR EXPLORATION: Reports $15.9M Net Loss for Third Quarter
GCI INC: Liberty's Planned Acquisition No Impact on Moody's B2 CFR
GELTECH SOLUTIONS: Incurs $986,000 Net Loss in Third Quarter

GENERAL NUTRITION: Bank Debt Trades at 5.25% Off
GENERAL NUTRITION: Moody's Affirms B1 Corporate Family Rating
GETTY IMAGES: Bank Debt Trades at 13.27% Off
GFC PROPERTIES: Unsecureds to Recover 100% Under Plan
GINA PEPE: Casano Law Buying Gulfport Property for $15K

GINA PEPE: Casano Law Buying Gulfport Property for $25K
GRAND CANYON RANCH: Ch 11 Trustee Says Disclosures Lack Info
GREENLIGHT ORGANIC: Needs Time to Resolve US Claims, File Plan
GULFMARK OFFSHORE: Bondholders Lose Battle with Lenders Over Cash
HOPKINS COUNTY HOSP: Moody's Confirms B2 on $22MM Revenue Bonds

HOUSTON AMERICAN: Incurs $786,000 Net Loss in Third Quarter
IHEARTCOMMUNICATIONS INC: Reports $248.2M Net Loss in 3rd Quarter
IHEARTMEDIA INC: In Advanced Talks to Refinance Loan Due December
ILIANA NEUROSPINE: R. Michael to Get $30K Monthly Salary Under Plan
INT'L MANUFACTURING: Bankr. Reference of Western Suit Withdrawn

IRONCLAD PERFORMANCE: UST Objects to 3 Employment Applications
JC PENNEY: Bank Debt Trades at 8.58% Off
KANSAS CITY INTERNAL: Proposes Sal of Assets to Statland for $139K
KATY INDUSTRIES: Seeks to Sell Dennison Land Parcel for $400,000
KEVIN WRIGHT: Proposes Sale of Philadelphia Property for $85K

LE-MAR HOLDINGS: Committee Hires Tarbox Law as Local Counsel
LIFETIME INDUSTRIES: Wants to Use Cash to Pursue Asset Liquidation
LIGHTHOUSE NETWORK: S&P Affirms B CCR Amid Debt-Funded Acquisition
LOMBARD PUBLIC: Asks Court to Approve Disclosure Statement
LONG BROOK: Proposes Sale of Stratford Real Property for $825K

M & G USA: Held Nov. 13 Meeting to Form Creditors' Panel
MAC ACQUISITION: To Get Up to Additional $8.5MM in Financing
MACK-CALI REALTY: Moody's Lowers Sr. Unsec. Debt Rating to Ba1
MANIX HOLDINGS: 7491 Maingate Buying Kissimmee Property for $8.6M
MARKS FAMILY: Needs More Time to Negotiate Taxes For Missing Years

MARRONE BIO: Promotes Linda Moore to EVP and General Counsel
MEDICAL DEPOT: Fitch Withdraws 'CCC' 2nd Lien Term Loan Rating
MERRIMACK PHARMACEUTICALS: Reports Q3 2017 Financial Results
METRO NEWSPAPER: Hires Maltz Auctions as Auctioneer
MFB PROPERTIES: Hires Hayward Parker as Bankruptcy Counsel

MILLENNIUM HEALTH: Trustee Sues Banks to Claw Back Fees
NAKED BRAND: Responds to SEC Comments on Business Combination
NAVIDEA BIOPHARMACEUTICALS: Reports $1.54M Net Loss for 3rd Quarter
NAVISTAR INTERNATIONAL: Closes $1.1 Billion Senior Notes Offering
NAVISTAR INTERNATIONAL: Completes Refinancing Transactions

NC DEVELOPMENT: Sareena Corp. Buying Winchester Property for $3.3M
NEIMAN MARCUS: Bank Debt Trades at 21.60% Off
NELSON DERMATOLOGY: Unsecureds to Recoup Up to 25% in Proposed Plan
NEWBRIDGE ON THE CHARLES: Fitch Rates $239.9MM Revenue Bonds BB+
NEXT LISTING: Hires Margaret M. McClure Law as Attorney

NORDIC INTERIOR: Taps AAG as Public Insurance Adjuster
NORTH CAROLINA TOBACCO: Trustee Taps Iron Horse as Auctioneer
NORTHERN OIL: Incurs $16.1 Million Net Loss in Third Quarter
NORTHWEST GOLD: Wigger Estate Files Chapter 11 Liquidation Plan
NRG ENERGY: S&P Rates $870MM Sr. Unsecured Notes Due 2028 'BB-'

NUVERRA ENVIRONMENTAL: Reports Third Quarter Revenue of $48.9M
OMEROS CORP: Cormorant Global Has 5.1% Stake as of Nov. 7
ONE HORIZON: Regains Compliance with NASDAQ Listing Requirement
ONEMAIN HOLDINGS: Fitch Hikes IDR to B; Outlook Remains Positive
OPC MARKETING: Taps Eric A. Liepins as Legal Counsel

PACIFIC DRILLING: Files Voluntary Chapter 11 Bankruptcy Petition
PACIFIC JANITORIAL: Hires Michael Jay Berger as Bankruptcy Counsel
PATTINIS LLC: Taps Buddy D. Ford as Legal Counsel
PEARL ALLEN: Disclosure Statement Hearing Set for Dec. 7
PERFORMANCE SPORTS: Plan Confirmation Hearing Set for Dec. 20

PETCO ANIMAL: Bank Debt Trades at 18.75% Off
PETSMART INC: Bank Debt Trades at 14.42% Off
PIONEER ENERGY: Closes $250 Million Financing Agreements
PJ HOSPITALITY: Taps Robert Bassel as Bankruptcy Counsel
PLAIN LEASING: Wants Court to Approve Plan Outline

PSIVIDA CORP: Incurs $5.98 Million Net Loss in First Quarter
PSIVIDA CORP: Incurs $5.98 Million Net Loss in First Quarter FY18
QUADRANT 4: Stratitude Taps Livingstone as Investment Banker
QUADRANT 4: Stratitude Taps Nixon Peabody as Special Counsel
QUADRANT 4: Stratitude Taps Silverman as Financial Consultant

QUEENS LODGE 1001: Foreclosure Auction Set for Dec. 15
REBUILTCARS CORP: Unsecureds to Recoup 20% Under Plan
RIVERBED TECHNOLOGY: Bank Debt Trades at 3.68% Off
ROBERT T. WINZINGER: Wants Premium Finance Pact With BankDirect
ROSETTA GENOMICS: Kost Forer Gabbay Raise Going Concern Doubt

RPM HARBOR: Needs More Time to File Plan, Resolve Drivers' Claims
RXI PHARMACEUTICALS: Incurs $2.47 Million Net Loss in Third Quarter
SAEXPLORATION HOLDINGS: Incurs $13.8M Net Loss in Third Quarter
SEAHAWK HOLDINGS: Moody's Affirms B2 Corporate Family Rating
SEANERGY MARITIME: Files Amended $20 Million Prospectus

SEANERGY MARITIME: Posts $6.5 Million Net Income in 3rd Quarter
SEARS HOLDINGS: Amends Pension Plan Protection Deal With PBGC
SNAP INTERACTIVE: Reports $2 Million Net Loss for Third Quarter
SOLAT LLC: Seeks Authority for Preliminary Use of Cash Collateral
SOUTHEAST PROPERTY: Taps Saurage Rotenberg as Real Estate Agent

SOUTHERN GRAPHICS: Moody's Affirms B2 CFR & Revises Outlook to Neg.
SPECTRUM HEALTHCARE: Disclosures OK'd; Plan Hearing on Nov. 21
SPI ENERGY: Regains Compliance With Nasdaq Listing Rule
SPRINGS INDUSTRIES: Moody's Affirms 'B2' CFR, Outlook Stable
SRC ENERGY: Moody's Rates Proposed $550MM Senior Notes 'B3'

SRC ENERGY: S&P Affirms 'B' Corp. Credit Rating, Outlook Stable
STAR ELECTRIC: Equipment and Machinery Up for Sale Nov. 20
STONE PROJECTS: Exclusive Plan Filing Deadline Moved to Feb. 16
SUNEDISON INC: CEO Files June-October 2017 Status Report
SUPERVALU: Bank Debt Trades at 3.12% Off

TAEUS CORPORATION: Litigation Settlement Raised to 25% in New Plan
TERRAVIA HOLDINGS: Notifies Court of KEIP Bonuses Payment
TIFARO GROUP: Mansfield's Plan Exclusivity Moved to Jan. 21
TONGJI HEALTHCARE: Chief Financial Officer Zhang Will Leave
TOYS R US: Committee Taps FTI Consulting as Financial Advisor

TOYS R US: Committee Taps Kramer Levin as Legal Counsel
TOYS R US: Committee Taps Moelis & Company as Investment Banker
TOYS R US: Committee Taps Wolcott Rivers as Local Counsel
TOYS R US: Crenshaw Ware Tapped as Local Counsel
TRANSDIGM INC: S&P Rates New 1st Lien Term Loans E & F 'B+'

TSC/JMJ SNOWDEN: Sonabank Wants to Prohibit Use of Cash Collateral
U.S. PIPE: PI Victims' Claims Not Discharged by Bankruptcy Case
UC HOLDINGS: S&P Hikes New Term Loan Due 2024 to 'B+'
UNI-PIXEL INC: Seeks Approval of Key Employee Incentive Plan
UNIQUE VENTURES: Creditors' Committee Files Plan to Sell Assets

UNITED AIRLINES: Term Loan Repricing No Impact on Fitch 'BB' IDR
VASARI LLC: U.S. Trustee Forms Three-Member Committee
VERTEX ENERGY: Reports $3.8 Million Net Loss for Third Quarter
VIDANGEL INC: Hires Durham Jones & Pinegar as Special Counsel
VIDANGEL INC: Hires Tanner LLC as Auditor and Advisor

VIDANGEL INC: Taps Baker Marquart as Special Counsel
VITAMIN WORLD: Taps SSG Advisors as Investment Banker
WEIGHT WATCHERS: S&P Rates New 1st Lien Facilities 'B'
WESTERN EXPRESS: S&P Assigns B+ Corp. Credit Rating, Outlook Stable
WESTMOUNTAIN GOLD: Files Third Amended Disclosure Statement

WILLIAMS FINANCIAL: Hires Bridgepoint's Patterson as CRO
WWLC INVESTMENT: Taps Real Estate Reformation as Real Estate Agent
ZIVKO KNEZOVIC: Icarus Buying Four Chicago Properties for $1.8M
[^] Large Companies with Insolvent Balance Sheet

                            *********

06-019 VACAVILLE: Tenant Tries to Block Approval of Disclosures
---------------------------------------------------------------
TANK Holdings, LLC, one of the tenants-in-common in 06-019
Vacaville III Business Trust's 130 acres of real property located
in Solano County, California, APN 0109-270-100, and a prospective
purchaser of the Property, filed with the U.S. Bankruptcy Court for
the District of Nevada an objection to the Debtor's amended
disclosure statement dated Oct. 11, 2017, referring to the Debtor's
plan of reorganization.

The Debtor has had approximately two months to amend its Disclosure
Statement, since the hearing before the Court on Aug. 30, 2017.
TANK Holdings says that notwithstanding the fact that nearly two
months have passed, giving the Debtor ample time to address the
objections to the Disclosure Statement raised by TANK Holdings in
its Objection to Debtor's Disclosure Statement and by the Court
during the last hearing, the Debtor has done virtually nothing to
remedy the ongoing deficiencies in its initial Disclosure
Statement.  TANK Holdings reiterates that the Debtor has allegedly
been attempting, albeit unsuccessfully, to sell the Property since
2011.

According to TANK Holdings, the Debtor's only quasi-substantive
changes to the Amended Disclosure Statement are (i) the inclusion
of the key terms of the Revised Letter of Intent from TANK
Holdings, which to date has not been signed by the Debtor, (ii)
information regarding the U.S. Trustee's conditional dismissal
court order, (iii) the liquidation analysis exhibit, which is
contradictory, misleading and confusing, and (iv) information
regarding Mesa's management fees in the amount of $90,356.62 claim.
The Debtor has failed to meaningfully address any of the prior
objections raised in connection to the initial Disclosure Statement
regarding its failure to serve the TIC Holders, the basis for the
value of the Property, information regarding the Debtor's
historical marketing efforts to sell the Property since 2011, the
means for effectuating the Plan in terms of specifics regarding the
marketing of the Property, the overly broad and inconsistent
marketing period of 3-5 years, a deficient liquidation analysis,
and the Debtor's failure to disclose information regarding the sale
requirements relating to under 11 U.S.C. Section 363(f) and (h) and
NRS Section 645B.340.

Since the last hearing on the approval of the Disclosure Statement,
the Debtor has admitted that it has obtained post-petition lending
without court authorization paid by un-named investors to cover
$23,043.34 in costs to pay Mesa for its management services.  TANK
Holdings says that the Debtor fails to identify who specifically
paid the Debtor these funds and when the funds were paid.  To add
insult to injury, the Debtor provides contradictory information
regarding the source of these unauthorized post-petition loans,
when it identifies Mesa as the entity that has advanced funds to
meet the Debtor's management expenses.

"Enough is enough.  It is clear that the Debtor is not serious
about reorganizing its affairs by selling the Property.
Consequently, the Court should sua sponte convert the case to a
case under Chapter 7," TANK Holdings states.

A copy of the Objection is available at:

          http://bankrupt.com/misc/nvb16-12929-108.pdf

As reported by the Troubled Company Reporter on Oct. 24, 2017, the
Debtor filed with the Court an amended disclosure statement in
connection with the solicitation of its Plan of Reorganization
filed on June 27, 2017.  Under the Plan, the Debtor proposes to
satisfy its current tax obligations through the marketing and sale
of the Property.  The Debtor also proposes to pay general unsecured
creditors 100% of their allowed claim.

TANK is represented by:

     Richard F. Holley, Esq.
     Ogonna M. Brown, Esq.
     HOLLEY DRIGGS WALCH
     FINE WRAY PUZEY & THOMPSON
     400 South Fourth Street, Third Floor
     Las Vegas, Nevada 89101

          -- and --

     Robbin L. Itkin, Esq.
     LINER LLP
     1100 Glendon Avenue, 14th Floor
     Los Angeles, CA 90024-3518

                   About 06-019 Vacaville III

Based in Las Vegas, Nevada, 06-019 Vacaville III Business Trust is
a holding company for parties who acquired an interest in a real
estate that served as collateral to secure an investment that was
ultimately foreclosed upon.  The Debtor is in the business of
managing and marketing the real property for sale.

The Debtor filed a Chapter 11 petition (Bankr. D. Nev. Case No.
16-12929) on May 27, 2016.  In its petition, the Debtor listed
$1.81 million in assets and $1.04 million in liabilities.  The
petition was signed by Peter Becker, manager of trustee.

Judge Mike K. Nakagawa presides over the case.  Timothy P. Thomas,
Esq., at the Law Office of Timothy Thomas, LLC serves as the
Debtor's bankruptcy counsel.


1018 MORRIS PARK: Hires Hart Vida & Partner as Accountant
---------------------------------------------------------
1018 Morris Park Ave. Realty Inc., seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Hart Vida & Partner as accountant to:

     -- complete its books and records, file tax returns, and
        file monthly operating reports; and

     -- perform the services necessary to assist in complying
        with its reporting duties and its efforts to reorganize.

Alexander J. Hart attests that his firm does not represent an
interest adverse to the Debtor's estate and is "disinterested" as
that term is defined in the Bankruptcy Code.

Hart Vida will be paid at these hourly rates:

     Principal of the Firm     $385
     Non-Principal Accountant  $325
     Support Staff             $285

The Firm can be reached through:

     Alexander Hart, CPA, MBA
     HART VIDA & PARTNER
     60 East 42nd Street, 46th Floor
     New York, NY 10165
     Phone: (212) 485-9828

             About 1018 Morris Park Ave. Realty Inc.

1018 Morris Park Ave. Realty Inc., based in Yonkers, NY, filed a
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 17-11524) on June 2,
2017. The Hon. Sean H. Lane presides over the case. Norma E. Ortiz,
Esq., at Ortiz & Ortiz, L.L.P., serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Manuel B.
Vidal Jr., its president.


1776 AMERICAN: Aguilar Buying Houston Property for $137K
--------------------------------------------------------
1776 American Property IV, LLC, and its affiliates ask the U.S.
Bankruptcy Court for the Southern District of Texas to authorize
the sale of Staunton Street Partners, LLC's single family residence
located at 12014 Becca Crossing Way, Houston, Texas, also known as
Lot 6, Block 2, Spears Crossing, to Jonathan Aguilar for $137,000.

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

Staunton owns the Property.  It has adequately marketed the
Property for sale and has received multiple offers on the Property.
All things considered, the offer submitted by the Purchaser is the
highest and best offer.

The Property is subject to a mortgage, which is secured by a first
lien deed of trust held by Integrity Bank.  The Deed of Trust
secures a mortgage on approximately 34 single family homes.  The
mortgage is reflected by a promissory note in the original
principal amount of $4,060,000.  The current principal balance of
the Note is approximately $1.2 million.  The Debtor and Integrity
expect to reach an agreement on a release price of $80,000, which
will be paid at closing.  The Debtor is proposing that Integrity
Bank continue to have a lien and deed of trust on the remaining 33
tracts, and will continue to have a lien on the net proceeds that
will be deposited into the Debtor's DIP account.  Although an
agreement has not yet been finalized, he Debtor expects an
agreement to be reached by the time of the hearing.

Staunton and the Purchaser entered into the TREC One to Four Family
Residential Contract for the sale of the Property for $137,000 with
$4,795.  The Property will be sold, transferred and conveyed "as
is," free and clear of liens, claims, and encumbrances.  All liens
will attach to the proceeds of the sale or be paid through the
closing by the title company.  Under the terms of the contract,
closing must occur no later than Nov. 10, 2017.

A copy of the Contract attached to the Motion is available for free
at:

      http://bankrupt.com/misc/1776_American_474_Sales.pdf

Staunton is represented by Ross Klingberg and AIM Realty in the
transaction.  Pursuant to the Order Authorizing Application to AIM
Realty, the Movant asks approval of the commissions provided for in
the Contract.

From the proceeds of the sale, Staunton proposes to pay (i) the
2016 and pro-rata 2017 ad-valorem property taxes owed on the
Property at the closing; (ii) the Release Price to Integrity Bank
at closing; (iii) any other secured claim on the property,
including past due HOA assessments; and (iv) normal and customary
closing costs and fees.

The Debtors ask the Court to waive any 14-day stay imposed by
Bankruptcy Rules 6004 and 6006.

               About 1776 American Properties IV

Historically, 1776 American Properties IV LLC, et al., were
companies managed by Jeff Fisher.  In 2008, Mr. Fisher began
investing in real estate in the Houston area.  Mr. Fisher worked
with friends and other business contacts in Asia who decided to
invest in special purpose entities organized in the Cayman
Islands.

The offshore companies would then loan money to Delaware based
limited liability companies, who in turn invested in real estate in
the United States.  By 2012, the U.S. based LLC's had acquired over
70 properties worth over $10 million.  As of January 2017, 1776
American Properties, et al., own 116 rental single family
homes / apartment units, five single family homes, and 76 vacant
lots.  In addition, 1776 IV, 1776 V, 1776 VII and 1776 VIII hold
promissory notes and profit sharing arrangements with various
builders on approximately 58 lots.

1776 American Properties IV LLC and its 12 affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Lead Case No. 17-30422) on Jan. 27, 2017.  The petitions were
signed by Jeff Fisher, director.

1776 American Properties IV estimated assets of $1 million to $10
million and liabilities of less than $50,000.

The cases are assigned to Judge Karen K. Brown.

Josh T. Judd, Esq., at Andrews Myers P.C., serves as the Debtors'
bankruptcy counsel.

No trustee or examiner has been appointed in the bankruptcy cases,
and no official committee of unsecured creditors has been
established.


1776 AMERICAN: Howgego Buying Houston Condo Unit 202 for $37K
-------------------------------------------------------------
1776 American Property IV, LLC, and its affiliates, ask the U.S.
Bankruptcy Court for the Southern District of Texas to authorize
the sale of Staunton Street Partners, LLC's condominium unit 202
located at 6001 Reims Road, Houston, Texas to David Charles Howgego
for $37,000.

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

The Property is not subject to a mortgage.  It would commonly be
classified as a Class C property.  Staunton and the Purchaser
entered into the Residential Condominium Contract for the sale of
the Property.  Under the terms of the Contract, the closing must
occur no later than Nov. 14, 2017.  The Purchaser has deposited the
full purchase price with the title company.  The Property will be
sold, transferred and conveyed free and clear of liens, claims, and
encumbrances.  All liens will attach to the proceeds of the sale or
be paid through the closing by the title company.  The net sales
proceeds will be deposited into the Staunton's DIP account.

A copy of the Contract attached to the Motion is available for free
at:

      http://bankrupt.com/misc/1776_American_473_Sales.pdf

Staunton is represented by RE/MAX Executives and David Hashem in
the transaction.  The Purchaser is not represented by a realtor.
Pursuant to the Order Authorizing Application to Remax, Staunton
asks approval of the commission to Remax at closing.

From the proceeds of the sale, Staunton proposes to pay (i) the
2016 and pro-rata 2017 ad-valorem property taxes owed on the
Property at the closing; (ii) any other secured claim on the
property, including past due HOA assessments; and (iii) normal and
customary closing costs and fees.

The Debtors ask the Court to waive any 14-day stay imposed by
Bankruptcy Rules 6004 and 6006.

The Purchaser:

          David Charles Howgego
          16C Positano, 18 Bayside Dr.
          Discovery Bay, Hong Kong
          E-mail: david_howgego@cathaypacific.com

               About 1776 American Properties IV

Historically, 1776 American Properties IV LLC, et al., were
companies managed by Jeff Fisher.  In 2008, Mr. Fisher began
investing in real estate in the Houston area.  Mr. Fisher worked
with friends and other business contacts in Asia who decided to
invest in special purpose entities organized in the Cayman
Islands.

The offshore companies would then loan money to Delaware based
limited liability companies, who in turn invested in real estate in
the United States.  By 2012, the U.S. based LLC's had acquired over
70 properties worth over $10 million.  As of January 2017, 1776
American Properties, et al., own 116 rental single family
homes / apartment units, five single family homes, and 76 vacant
lots.  In addition, 1776 IV, 1776 V, 1776 VII and 1776 VIII hold
promissory notes and profit sharing arrangements with various
builders on approximately 58 lots.

1776 American Properties IV LLC and its 12 affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Lead Case No. 17-30422) on Jan. 27, 2017.  The petitions were
signed by Jeff Fisher, director.

1776 American Properties IV estimated assets of $1 million to $10
million and liabilities of less than $50,000.

The cases are assigned to Judge Karen K. Brown.

Josh T. Judd, Esq., at Andrews Myers P.C., serves as the Debtors'
bankruptcy counsel.

No trustee or examiner has been appointed in the bankruptcy cases,
and no official committee of unsecured creditors has been
established.


21ST CENTURY ONCOLOGY: Plan Confirmation Hearing Set for December 1
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
will hold a hearing on Dec. 17, 2017, at 10:00 a.m. (prevailing
eastern time) at 300 Quarropas Street, Courtroom 248, White Plains,
New York, to consider confirmation of the joint Chapter 11 plan of
reorganization of 21st Century Oncology Holdings Inc. and its
debtor-affiliates.  Objections to the plan, if any, are due no
later than 4:00 p.m. (prevailing eastern time) on Nov. 27, 2017.

Deadline for voting on the Debtors' plan is on Nov. 20, 2017, at
5:00 p.m. (prevailing eastern time).

As reported by the Troubled Company Reporter on Oct. 24, 2017, the
Debtors filed with the Court their latest disclosure statement
dated Oct. 13, 2017, referring to their joint Chapter 11 plan of
reorganization.

The latest filing discloses that on Dec. 16, 2015, Debtor 21st
Century Oncology entered into a Corporate Integrity Agreement (CIA)
with the U.S. Department of Health and Human Services' Office of
Inspector General to resolve the exclusion authority under the
Social Security Act implicated by the inquiry that provided the
basis for the December 2015 settlement with the federal government.
On March 3, 2016, Debtor 21st Century Oncology and OIG entered
into a side letter adding additional requirements to the CIA to
resolve exclusion authority implicated by the inquiry that provided
the basis for the March 2016 settlement with the federal
government.

The Debtors are also working with various agencies of the federal
government to resolve certain overpayments, including a voluntary
disclosure related to the Debtors' employment of two excluded
providers; disclosures made to the OIG under the CIA involving
overpayments owed to Medicare related to meaningful use
attestations and retained credit balances; and a voluntary
self-disclosure made to the Centers for Medicare & Medicaid
Services involving a Stark Law matter. In addition, the Debtors are
working with the federal government to negotiate the assumption of
Medicare participation and enrollment agreements, and potentially
other relevant agreements.

Class 6 under the latest plan consists of all General Unsecured
Claims. Any holder of an Eligible General Unsecured Claim as of the
Rights Offering Record Date that (x) has not made the Convenience
Claim Election (with respect to an Eligible General Unsecured Claim
greater than $1,000,000) or has made the New Common Stock Election
(with respect to an Eligible General Unsecured Claim less than or
equal to $1,000,000) and (y) is an Accredited Investor  will also
receive its pro rata share of the New Notes Rights and the New
Preferred Equity Rights (based on the proportion that such holder's
Eligible General Unsecured Claim as of the Rights Offering Record
Date bears to the aggregate amount of (I) all Eligible General
Unsecured Claims as of the Rights Offering Record Date held by each
Person that has certified that it is an Accredited Investor plus
(II) all Allowed Note Claims as of the Rights Offering Record
Date).

Estimated convenience claim recovery is 12.3% - 21.6%, while
non-convenience class claims recovery is estimated at 1.7%-34.8%.

A Redlined Version of the Latest Disclosure Statement is available
at:

     http://bankrupt.com/misc/nysb17-22770-525.pdf

                 About 21st Century Oncology

21st Century Oncology Holdings, Inc., is a global provider of
integrated cancer care services.  As of March 31, 2017, the company
operated 179 treatment centers, including 143 centers located in 17
U.S. states and 36 centers located in seven countries in Latin
America.

21st Century and 59 U.S. affiliates filed Chapter 11 petitions
under the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No. 17-22770)
on May 25, 2017.  At the time of the filing, the Debtors estimated
their assets and debt at $1 billion to $10 billion.

The cases are pending before the Hon. Judge Robert D. Drain.

Lorenzo Marinuzzi, Esq., at Morrison & Foerster LLP, serves as the
Debtors' bankruptcy counsel.  Kurtzman Carson Consultants LLC is
the Debtors' claims and noticing agent.

On June 8, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee has
tapped Morrison & Foerster LLP as counsel and Berkeley Research
Group, LLC, and financial advisor.


9 HOUSTON LLC: Taps Jones Lang LaSalle as Real Estate Broker
------------------------------------------------------------
9 Houston LLC seeks approval from the U.S. Bankruptcy Court for the
Southern District of Texas to hire Jones Lang LaSalle Brokerage,
Inc. as the real estate brokerage firm and the firm's Simmi Jaggi
as the listing agent to sell the real property located 1317 Post
Oak Park Dr., Houston, TX 77027.

The professional services that Jones Lang LaSalle will render are
to promote and market the Real Property and assist in closing the
sale of the Real Property.

Jones Lang LaSalle will be paid a 2% real estate commission at
closing of the sale of Real Property.

Simmi Jaggi attests that neither Jones Lang LaSalle, nor its agents
or brokers represent an interest adverse to the Debtor or the
Estate in the matters on which it is to be engaged; and neither
Jones Lang LaSalle nor any agent or broker at the firm have any
connections with the Debtor, creditors, or any party in interest,
their respective attorneys or accountants, or the United States
Trustee or any of its employees.

The Agent can be reached through:

     Simmi Jaggi
     Jones Lang LaSalle Houston
     1400 Post Oak Blvd., Suite 1100
     Houston, TX 77056
     Phone: (713) 888-4098
     Fax: (713) 888-4040
     Email: simmi.jaggi@am.jll.com

                        About 9 Houston LLC

9 Houston LLC owns a fee-simple interest in 5.396 acres of land
located at 1317 Post Oak Park Drive, Houston, Texas, valued at
$29.39 million.  It is a single asset real estate (as defined in 11
U.S.C. Section 101(51B)).

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Tex. Case No. 17-35614) on September 30, 2017.
David Schmidt, its manager, signed the petition.

At the time of the filing, the Debtor disclosed $29.39 million in
assets and $18.65 million in liabilities.  

Judge Jeff Bohm presides over the case.


ACOSTA INC: Bank Debt Trades at 12.48% Off
------------------------------------------
Participations in a syndicated loan under Acosta Inc. is a borrower
traded in the secondary market at 87.52 cents-on-the-dollar during
the week ended Friday, November 3, 2017, according to data compiled
by LSTA/Thomson Reuters MTM Pricing.  This represents an increase
of 0.31 percentage points from the previous week.  Acosta Inc. pays
325 basis points above LIBOR to borrow under the $2.06 billion
facility. The bank loan matures on Sept. 26, 2021 and carries
Moody's B3 rating and Standard & Poor's B- rating.  The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended November 3.


ADVANCED SOLIDS: Unsecureds to be Paid from Net Available Funds
---------------------------------------------------------------
Advanced Solids Control, LLC, filed with the U.S. Bankruptcy Court
for the Western District of Texas a disclosure statement to
accompany its plan of reorganization.

Under the plan, the Class 10 claims consist of the claims of
allowed general unsecured creditors which existed prior to
confirmation. The projected amount of unsecured creditors is in the
amount of $865,446.97. The Class 10 general unsecured claims will
be paid from the net available funds in the estate after the full
payment of all secured, administrative and priority unsecured
claims with allowed claims. Payments to this class will be made on
a pro-rata basis based upon the amount of allowed Class 10 general
unsecured creditors. This class is impaired.

The Plan is feasible as a result of the income being generated
through the liquidation of the Debtor's assets for the benefit of
its creditors.

A copy of the Disclosure Statement is available at:

     http://bankrupt.com/misc/txwb16-52748-08.pdf

                   About Advanced Solids Control

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

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

William R. Davis, Jr., Esq., at Langley & Banack, Inc., serves as
bankruptcy counsel to the Debtor.  Pena and Grillo PLLC serves as
special counsel.


AIRPORT ROAD MINING: Taps Cavanagh Law Firm as Legal Counsel
------------------------------------------------------------
Airport Road Mining Company, LLC seeks approval from the U.S.
Bankruptcy Court for the District of Arizona to hire The Cavanagh
Law Firm P.A. as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; negotiate with creditors; give advice on any
potential sale of its assets; prepare a plan of reorganization; and
provide other legal services related to its Chapter 11 case.

The firm's hourly rates for its attorneys range from $295 to $450.
Legal assistants charge $110 per hour.

All members of Cavanagh are "disinterested persons" as defined in
section 101(14) of the Bankruptcy Code, according to court
filings.

The firm can be reached through:

     Philip G. Mitchell, Esq.
     Joseph M. Parker, Esq.
     Katherine O. Cheney, Esq.
     The Cavanagh Law Firm P.A.
     1850 North Central Avenue, Suite 2400
     Phoenix, AZ 85004-4527
     Phone: (602) 322-4000
     Email: pmitchell@cavanaghlaw.com
     Email: jparker@cavanaghlaw.com
     Email: kcheney@cavanaghlaw.com

                 About Airport Road Mining Company

Headquartered in Buckeye, Arizona, Airport Road Mining Company,
LLC, filed for Chapter 11 bankruptcy protection (Bankr. D. Ariz.
Case No. 16-05651) on May 18, 2016, estimating its assets and
liabilities at between $1 million and $10 million each.  The
petition was signed by Steven E. Bales, manager.

Judge Madeleine C. Wanslee presides over the case.

Daniel E. Garrison, Esq., and Fay Marie Waldo, Esq., at Andante Law
Group, PLLC, serve as the Debtor's bankruptcy counsel.  The Debtor
hired Rivera Law Group, P.C. as special counsel.


ALLIANCE SECURITY: Seeks January 12 Exclusive Plan Filing Extension
-------------------------------------------------------------------
Alliance Security, Inc., requests the U.S. Bankruptcy Court for the
District of Rhode Island to extend by 120 days the period of time
during which the Debtor will have the exclusive right to file a
plan of reorganization and solicit acceptances for such a plan to
and including January 12 and March 13, 2018, respectively.

The Debtor relates that since the bankruptcy filing, it has focused
its efforts on:

      (a) stabilizing its post-filing business operations and
          increasing the sale of accounts;

      (b) addressing the concerns of creditors, employees,
          vendors, and other parties-in-interest;

      (c) negotiating what the Debtor anticipates will be a final
          cash collateral order and budget with Monitronics
          International, Inc. and the Committee;

      (d) negotiating a new dealer agreement with Safe Home
          Security, Inc. that will result in substantial costs
          savings and additional revenue for the Debtor;

      (e) obtaining new bankruptcy counsel; and

      (f) negotiating significant reductions in the Debtor's
          overhead expenses on an ongoing basis.

The Debtor says it has had limited time in which to formulate a
plan. The Debtor contends that it is not seeking an extension of
the exclusivity period to pressure creditors to accept an
unsatisfactory or unconfirmable plan.  The Debtor asserts it has
made progress in negotiations with Monitronics and the Committee in
terms of entering a final cash collateral order, new dealer
agreement, and the rejection of the Monitronics alarm monitoring
agreement. The Debtor believes it will now be able to focus on
achieving a plan acceptable to all parties.

                    About Alliance Security, Inc.

Headquartered in Warwick, Rhode Island, Alliance Security, Inc. --
http://www.alliancesecurity.com/-- is a security system supplier.
Alliance Security filed for Chapter 11 bankruptcy protection
(Bankr. D. R.I. Case No. 17-11190) on July 14, 2017, estimating its
assets and liabilities at between $1 million and $10 million each.
The petition was signed by Jasjit Gotra, its president and CEO.

Judge Diane Finkle presides over the case.  William J. Delaney,
Esq., at The Delaney Law Firm LLC, serves as the Debtor's
bankruptcy counsel.

William K. Harrington, U.S. Trustee for the District of Rhode
Island, on July 27, appointed three creditors to serve on the
official committee of unsecured creditors in the Chapter 11 case of
Alliance Security, Inc.  The Committee hired Robinson & Cole LLP,
as counsel.


AMG INTERNATIONAL: Wants Plan Filing Deadline Moved to Jan. 30
--------------------------------------------------------------
AMG International, Inc., asks the U.S. Bankruptcy Court for the
District of New Jersey to extend the exclusive period for the
Debtor to file a plan of reorganization and solicit acceptance of
the plan through and including Jan. 30, 2018, and March 31, 2018,
respectively.

A hearing is scheduled in this matter for Nov. 28, 2017, at 10:00
a.m. and the Debtor requests that the Court conduct a hearing on
this matter on the same.

The exclusive periods within which only the Debtor may file a plan
and solicit affirmative votes from impaired classes of claims or
interests are currently scheduled to expire on Dec. 1, 2017, and
Jan. 30, 2018, respectively.

The case has been pending for approximately 90 days, and the Debtor
requires additional time to evaluate restructuring alternatives.
In evaluating the operations and the impacts of the Chapter 11
filing, the Debtor is still considering whether some form of
reorganization is possible.

The Debtor notes that its case is not large.  However, as of the
petition date, the Debtor had warehouses leased in five different
states.  The Debtor purchases product from overseas and distributes
domestically and internationally.

The Debtor recently commenced an adversary proceeding against a
supplier in possession of molds used to manufacture product.  The
Court recently granted the Debtor's request for injunctive relief
pertaining to turnover of property of the estate.

AMG also relates that during the early stage of this case, the
Debtor and its representatives have endeavored to cooperate with
representatives of the Official Committee of Unsecured Creditors
and France Sport.  The Debtor and its representatives have provided
variance reports, are now current on filing monthly operating
reports, and have provided other information relating to operations
and financial dealings.  The Debtor has provided counsel for the
Committee with information and has cooperated, and will continue to
cooperate, in an effort to avoid costly discovery.

The Debtor's counsel has participated on several calls with counsel
for the Committee in order to answer questions pertaining to the
Debtor, its operations and potential restructuring alternatives.

According to the Debtor, the initial 90 days of this case have been
marked with progress.  Specifically, the Debtor has cooperated with
the Committee in responding to information requests without the
need for costly and time consuming formal discovery.  The Debtor
has closed two warehouses in an effort to streamline operations.
The Debtor recently commenced an adversary proceeding and was
successful in obtaining injunctive relief pertaining to turnover of
property of the estate.  Finally, the Debtor has enjoyed the use of
cash collateral throughout the case on an uncontested basis.

The Debtor assures the Court that it is not seeking to use
exclusivity to pressure creditors into accepting a plan they find
unacceptable or as a delay tactic.

                      About AMG International

AMG International, Inc., dba Freeman-CMA and dba Freeman Products
Worldwide, filed a Chapter 11 petition (Bankr. D.N.J. Case No.
17-25816) on Aug. 3, 2017.  The petition was signed by
Jean-Francois Lefebvre, president.  At the time of filing, the
Debtor estimated $1 million to $10 million in assets and $1 million
to $10 million in liabilities.  The case is assigned to Judge Hon.
John K. Sherwood.  Gibbons, PC and SEESE, P.A., serve as counsel to
the Debtor.

Freeman-CMA -- http://www.freeman-cma.com/-- is a designer,
manufacturer, marketer and distributor of award and recognition
products including trophy components, plastic and metal figures,
resin awards, plastic and metal engraving stock, ribbons and
medals, plaques, clocks, pen sets and executive gift items.  The
Company distributes one of the largest product lines in the awards
and recognition industry throughout both the United States and
Canada, as well as internationally.


APPVION INC: Proposes Key Employee Retention Plan
-------------------------------------------------
BankruptcyData.com reported that Appvion Inc. filed with the U.S.
Bankruptcy Court a motion to approve the Debtors' key employee
retention plan (KERP).

According to BankruptcyData, the motion explains, "The Company
shall pay to each KERP Participant an amount (the 'KERP Amount')
ranging from 12% to 25% of the KERP Participant's 2017 base salary,
depending on the KERP Participant's tier level.  Tier I is 25% of
base salary and Tier II: 20% of base salary and Tier III: 12% of
base salary.  The KERP Amount shall be payable in the following
manner: (i) one-third of the KERP Amount on December 31, 2017; and
(ii) two-thirds of the KERP Amount on the later of the consummation
of a Restructuring Transaction or June 1, 2018.  The Company shall
establish a pool of approximately $50,000, plus any KERP Amounts
forfeited by KERP Participants, solely for the purposes of
providing compensation to the Company's remaining non-officer
employees during the Company's restructuring efforts.  Of these
amounts, no more than $10,000 may be awarded to any single
employee.  The determination to provide such compensation shall be
made by the Chief Executive Officer, or such other person(s) as he
may delegate, in his/their sole discretion. Tier 1 Participants
would receive 25% of their 2017 base salary, Tier 2 Participants
would receive 20%, and Tier 3 Participants would receive 12%. In
total, the KERP provides for a maximum aggregate pool of
approximately $1 million."

The Court scheduled a November 20, 2017 hearing to consider the
motion.

                       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 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).  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.

Andrew Vara, acting U.S. trustee for Region 3, on Oct. 11, 2017,
appointed seven creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Appvion, Inc., and
its affiliates.  The Committee hired Lowenstein Sandler LLP, as
counsel, Klehr Harrison Harvey Branzburg LLP, as Delaware
co-counsel.


AVAYA INC: Files New Disclosures Supplement for 2nd Amended Plan
----------------------------------------------------------------
Avaya Inc. and its debtor affiliates filed with the U.S. Bankruptcy
Court for the Southern District of New York a new disclosure
statement supplement, dated Oct. 31, 2017, for their second amended
joint chapter 11 plan of reorganization.

The new supplement amended the dates and deadlines related to the
confirmation of the second amended plan.

The voting and plan objection deadlines have been moved from Nov.
16, 2017, at 5:00 p.m. to  Nov. 24, 2017, at 4:00 p.m. prevailing
Eastern time.

The confirmation hearing has been moved from Nov. 21, 2017 to Nov.
28, 2017, at 2:00 p.m. prevailing Eastern time.

A copy of the New Disclosure Statement Supplement dated Oct. 31,
2017, is available at:

    http://bankrupt.com/misc/nysb17-10089-1422.pdf

                     About Avaya Inc.

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

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

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

Judge Stuart M. Bernstein presides over the cases.

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

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

On April 13, 2017, the Debtors filed their joint Chapter 11 plan of
reorganization.

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


AVAYA INC: Fitch Affirms 'B(EXP)' IDR Amid 1st Lien Loan Under Plan
-------------------------------------------------------------------
Fitch Ratings has affirmed Avaya Inc.'s 'B(EXP)' Long-Term Issuer
Default Rating (IDR)/ Stable Outlook following the company's
upsizing of its secured first-lien term loan associated with its
plan of reorganization. Due to the upsizing of the secured first
lien term loan to $2.925 billion from the previously contemplated
amount of $2.425 billion, Fitch has downgraded the expected secured
first-lien term loan rating to 'B+'/'RR3(EXP)' from
'BB-'/'RR2(EXP)'. At emergence, Fitch will withdraw the
'CCC+'/'RR6(EXP)' rating previously assigned to the secured
second-lien notes, which will no longer be issued. Fitch's actions
affect approximately $2.9 billion of debt.  

KEY RATING DRIVERS

Post-Emergence Capital Structure: Avaya is expected to emerge from
bankruptcy with approximately $2.9 billion in debt, down from
approximately $6.1 billion at the time it sought protection in the
U.S. bankruptcy court under Chapter 11 in January 2017. The company
is expected to exit with approximately $2.9 billion of first-lien
debt. The company will also have available a $300 million
asset-backed loan (ABL) facility ($230 million available after
letters of credit). At emergence Avaya is expected to have $350
million in cash.

Pension Obligation Reduction: As part of the reorganization, the
company is expected to shed approximately $900 million in
liabilities related to certain domestic pensions. In addition to
the pension obligation reduction, the company will eliminate an
estimated average of $60 million annually in minimum required
pension contributions through fiscal 2021. In return for the
reduction in the pension liabilities, the Pension Benefit Guarantee
Corporation will receive $340 million in cash and a 5.5% stake in
the company.

Significant Leverage Reduction: Fitch estimates total leverage will
be reduced considerably, from 7.9x at the end of fiscal 2016 to
4.4x in fiscal 2018, the last reported period prior to the Chapter
11 filing. The reduction in debt and pension liability, as well as
the latter's minimum required contributions have materially
increased Avaya's financial flexibility.

Potential for Improved FCF Generation: On a pre-petition basis,
Avaya's FCF generation was relatively inconsistent over the
previous four fiscal years. FCF declined to $17 million in fiscal
2016 from $91 million for fiscal 2015. Fitch estimates FCF for
fiscal 2017 (ended Sept. 30, 2017) was in the $125 million to $175
million range and could average $250 million to $300 million
annually thereafter. Post-emergence FCF will benefit from the
reduction in cash interest expense due to lower debt and by the
elimination of an average of $60 million in estimated annual
minimum required pension contributions.

Business Restructuring: While in bankruptcy, Avaya sold its
networking business in a sale that closed in July 2017. The
networking business contributed approximate $251 million in revenue
in fiscal 2016, but was not a positive contributor to EBITDA.

Unified Communications Segment Challenges: From a revenue
perspective, the unified communications (UC) segment faces
challenges given the ongoing decline in revenue from legacy
hardware and endpoints (phones, desksets, etc.), which also affects
maintenance revenue. The relatively stable sales of NextGen
software partly mitigate the effects of the legacy revenue declines
within the UC segment.

Recurring Revenue from Service Contracts: Approximately 55% of
total revenue as of the latest-12-month (LTM) ending June 30, 2017
is derived from service contracts with contract tenures of one to
five years; for fiscal third quarter 2017 (3Q17) it was 58%.

Broad Distribution Network: Avaya's indirect channel, with
approximately 6,300 partners at the end of fiscal 2017, extends the
company's sales reach to more than 180 countries worldwide.
Approximately 73% of total product revenue during the nine-month
period end ended June 30, 2017, was through indirect channels.

Diversified Revenue Base: Avaya's revenue base is diversified from
a customer, geographic and industry perspective. Avaya had more
than 130,000 customers in mid-2017, including 90% of the Fortune
100 companies. Approximately 46% of total revenue was generated
outside the U.S. during the same nine-month period.

Recovery Rating (RR) Assumptions: The recovery analysis assumes the
enterprise value of Avaya is maximized in a going-concern scenario
versus liquidation. Fitch contemplates a scenario in which default
may be caused by disappointing sales of the company's on-premise
Contact Center offering along with continued secular pressure in
UC. As a result, Avaya would likely invest in aggressive
development and roll-out of a reinvigorated cloud-based contact
center offering. Fitch believes the renewed strategy would result
in a revenue decline from the transition to subscription software
sales as well as EBITDA margin pressure from increased sales and
R&D investments. Under this scenario, Fitch estimates a
going-concern EBITDA of $500 million, which is approximately 25%
below LTM 3Q17 EBITDA of $666 million.

Fitch assumes Avaya will receive a going-concern recovery multiple
of 5x EBITDA under this scenario. The 5x multiple compares to the
expected bankruptcy exit multiple for Avaya of 8.1x, an M&A
multiple of 9.0x for Nokia's acquisition of Avaya peer
Alcatel-Lucent, as well as a median multiple of 8.0x for public
comparable companies including Cisco, Juniper, IBM and
Synchronoss.

Fitch assumes the $300 million secured ABL is to be fully drawn at
the time of default and a 10% administrative claim through a
restructuring. Fitch-forecasted going-concern EBITDA of $500
million and recovery multiple of 5.0x results in a
post-reorganization enterprise value of $2.25 billion, after the
deduction of expected administrative claims and the assumed ABL
drawn amount, resulting in 70% recovery for the $2.925 billion
first-lien senior secured term loan, which allows for notching of
+1 from the IDR of 'B(EXP)' to 'RR3' .

DERIVATION SUMMARY

The global UC industry has historically exhibited moderate
concentration with the top three vendors, Cisco Systems, Inc.,
Avaya Inc. and Microsoft Corporation (AA+/Stable), maintaining a
55% to 60% combined market share, while additional competitors
including Alcatel-Lucent (subsidiary of Nokia Corp.) and Mitel
Networks Corp. maintain high-single-digit market shares. Recent
trends such as the entry of cloud-based competitors as well as
hardware product commoditization have presented significant
challenges to these legacy UC vendors. Cisco consistently refers to
declining UC hardware sales in earnings discussions while
Alcatel-Lucent considers UC product as non-strategic. Microsoft has
largely been insulated from these pressures, having pursued a
differentiated approach that centers on integration of third-party
UC hardware into the company's enterprise software offerings. In
contrast, Avaya has experienced sharp declines for UC product
sales, to $1.2 billion in FY16, 27.4% below FY14. Management is
forecasting a continued decline of 16.4% per annum through FY20. As
a result, Avaya's market share among its immediate competitors has
declined from approximately 25% in 2010 to 15% in 2016.

The Contact Center (CC) market has similarly been dominated by the
leading vendors including Avaya, Cisco and Genesys
Telecommunications Laboratories Inc., which maintained a combined
market share of approximately 60%. The CC market has also been
disrupted by emerging trends including closer integration of
contact center functionality with CRM functions, as well as the
entry of cloud-based competitors. In contrast to the UC market,
legacy CC vendors have been able to avoid revenue pressure as
enterprise customers have continued to prefer traditional
on-premise solutions. However, cloud-based offerings have generated
strong growth in SMB and midmarket segments and are gradually
beginning to penetrate enterprise clients as well. This trend may
accelerate as demonstrated by Cisco's acquisition of cloud
contact-center provider, Broadsoft, Inc. Avaya's primarily
on-premise offerings have allowed the company to generate continued
CC product revenue growth of 3.4% per annum with management
forecasting growth of 4.6% per annum through FY20. However, lack of
cloud product has caused the company to miss out on higher growth
opportunities and presents a risk of eventual share loss to cloud
providers if cloud successfully penetrates enterprise segments.

Avaya's ratings reflect the company's historically strong market
position as a top-three provider in target markets in addition to
an improved credit profile with significantly reduced interest
expense and pension obligations upon emergence from Chapter 11. The
ratings are limited by secular challenges, rapid revenue decline
and market share loss in the UC segment, and uncertainties in CC
segment growth given lack of an aggressive cloud strategy.

KEY ASSUMPTIONS

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

-- Bankruptcy: Emergence from bankruptcy as contemplated under
    the current Plan of Reorganization with a $300 million
    undrawn ABL and a $2.925 billion senior secured first-lien
    term loan;

-- Revenue: $3 billion in FY17, consistent with management
    forecasts; 10% decline in FY18 driven by rapid decline in UC
    and reduced retention rates, partially offset by strong growth
    in CC as emergence from bankruptcy releases pent-up demand; 6%
    and 4% declines in FY19 and FY20, respectively, driven by
    continued declines in UC, offset by improving retention rates
    and 2% product growth in Contact Center segment due to lack of

    cloud-based offering;

-- Margins: EBITDA margin range of 23% to 25% driven by increased
    investment in cloud offerings leading to reduced gross margins

    and increased R&D spend, partially offset by cost reductions
    in SG&A;

-- Capex: Capital intensity of 3% due to investment in hosted
    infrastructure;

-- Debt: Cumulative debt repayments of $460 million in FY18-FY20
    due to excess cash flow sweep provision and term loan
    amortization.

RATING SENSITIVITIES

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

- Improvement in the outlook for revenues for the company
   including positive revenue growth, expansion of margins due
   to continued cost reduction efforts and success in newer market
   areas, including cloud services.

- Strong FCF with FCF margins in the low double-digits.

- Leverage below 4x

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

- Continued deterioration in revenue expectations beyond the
   forecast horizon, combined with margin pressure.

- Leverage sustained above 5.5x.

LIQUIDITY

Adequate Liquidity on Emergence: Fitch expects Avaya to have
adequate liquidity on emergence from bankruptcy. The plan calls for
the company to emerge with $350 million in cash and an undrawn $300
million ABL facility. Fitch estimates an FCF range of $250 million
to $300 million in FY2018. As an outcome of the bankruptcy process,
approximately $170 million in cash flow savings will arise from
lower interest expense and, to a lesser extent, reduced pension
costs.

The proposed debt structure, in addition to the revolving credit
facility, includes a $2.925 billion new first-lien term loan that
has a seven-year maturity and it will amortize at 1% annually.

Near-term maturities are nominal and consist of the approximately
$29 million of annual amortization on the $2.925 billion first-lien
term loan.

Total funded debt and committed capacity expected under the plan of
reorganization is expected to consist of:

-- $300 million ABL due 2022, to be undrawn at close;
-- $2.925 billion senior secured first-lien term loan due 2024.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following rating:

Avaya Inc.

-- Long-Term Issuer Default Rating (IDR) of 'B(EXP)'; Outlook
    Stable

Fitch has downgraded the following rating:

-- Senior secured first lien rating to 'B+'/'RR3(EXP)' from
    'BB-'/'RR2(EXP)'.


AVAYA INC: Moody's Affirms Prov. 'B2' Corporate Family Rating
-------------------------------------------------------------
Moody's Investors Service affirmed Avaya, Inc.'s provisional (P)B2
corporate family rating and downgraded its first lien debt facility
rating to provisional (P)B2 from (P)B1 after the company upsized
the proposed first lien debt by $500 million. The increased first
lien debt will replace an equal amount of second lien debt in the
proposed capital structure. The total amount of debt in the capital
structure will not change from the initially contemplated
post-bankruptcy structure however free cash flow should be modestly
improved. The downgrade to the first lien debt reflects the greater
proportion of first lien debt in the capital structure and the
elimination of second lien debt cushion. The ratings outlook
remains stable. Upon Avaya's emergence from bankruptcy proceedings
and the closing of the credit facilities, Moody's expects to
convert the provisional ratings to definitive ratings.

RATINGS RATIONALE

Avaya's (P)B2 Corporate Family Rating reflects the relatively high
leverage at emergence from bankruptcy proceedings and declining
performance trends offset to some degree by the company's scale and
leading positions in the unified communications (UC) and contact
center (CC) industries. The UC and CC industries have been evolving
rapidly and though Avaya has likely lost significant market share
over the last few years, it remains one of the largest players in
its core segments. Avaya's contact center business is expected to
remain stable but its unified communications business is expected
to continue to decline, possibly at double digit rates driven by
competitive pressures and winding down of its legacy hardware
business. Though declining, the company still remains a leading
provider of voice applications, and likely has one of the largest
installed bases of enterprise telephony systems. Pro forma leverage
at emergence is estimated at just under 5x excluding bankruptcy and
related expenses and charges. Given the declining trends, the
company is weakly positioned in the B2 category.

Liquidity is good driven by an undrawn $300 million ABL revolving
credit facility, approximately $350 million of cash at emergence
and positive free cash flow over the next year.

The stable outlook reflects Moody's expectation for continued
declines in revenue as Avaya's legacy business runs off but
stabilizing EBITDA levels as margins improve and significant
improvements in free cash flow. The ratings could be downgraded if
EBITDA levels do not stabilize, leverage exceeds 5.5x on other than
a temporary basis or free cash flow to debt is not on track to
exceed 6%. The ratings could be upgraded if performance improves,
leverage falls below 4x and free cash flow to debt exceeds 10%

The following ratings were affected:

Downgrades:

Issuer: Avaya Inc.

-- Senior Secured 1st Lien Bank Credit Facility, Downgraded to
    (P)B2 (LGD3) from (P)B1 (LGD3)

Outlook Actions:

Issuer: Avaya Inc.

-- Outlook, Remains Stable

Affirmations:

Issuer: Avaya Inc.

-- Probability of Default Rating, Affirmed B2-PD

-- Corporate Family Rating, Affirmed (P)B2

Withdrawals:

Issuer: Avaya Inc.

-- Senior Secured 2nd Lien Regular Bond/Debenture, Withdrawn,
    previously rated (P)Caa1 (LGD5)

Avaya Inc. is a global leader in enterprise telephony systems with
$3.4 billion of revenues for the twelve months ended June 30, 2017.


BALDWIN PARK: Wants to Obtain Authorization to Use Cash Collateral
------------------------------------------------------------------
Baldwin Park Congregate Home, Inc., seeks authorization from the
U.S. Bankruptcy Court for the Central District of California to use
cash collateral cash and cash equivalents on hand.

The Debtor, as a living health facility, requires the use of cash
and cash equivalents on hand. The Debtor asserts that its revenues
show that it is increasing the value of its assets through
operations as its post-petition are increasing. Accordingly, the
collateral pool of the parties secured by an interest in its cash
collateral will not be depleted through the Debtor's continued
operations.

The Debtor believes that these entities may claim security interest
on the Debtor's assets:

     (a) West Edge Halo, Inc., which asserts a claim of
approximately $49,032,843.

     (b) Internal Revenue Service, which asserts a claim of
approximately $135,830.

     (c) Firmco Medical Inc., which asserts a claim of
approximately $31,859.

Bases on the timely filed proofs of claims, it appears that the IRS
may be the only party with an interest in the Debtor's cash
collateral.

As of November 6, 2017, the Debtor had already funded its payroll
and rent obligations but had already earned $62,588 and had cash in
its bank accounts as of November 2017 in the amount of $16,824.
Moreover, after the monthly rent, taxes and the first monthly
payroll had already cleared, the Debtor had post-petition accounts
receivable of approximately $327,955.

The Debtor asserts that its recent postpetition operating results
and future projections indicate that this trend will continue and
improve over the next year, providing ample adequate protection to
the IRS' interests. Moreover, as additional adequate protection,
the Debtor proposes following provision in the cash collateral
order:

   (a) The Lenders will receive a replacement lien on post-petition
assets, having the same priority, scope and rights under applicable
law as the Lenders' respective prepetition lien.

   (b) The Lenders will receive, through the filing with the Court,
monthly operating reports as required by the Office of the U.S.
Trustee, which will show cash usage and monthly income statements.

A full-text copy of the Debtor's Motion, dated Nov. 7, 2017, is
available at https://is.gd/k7fIGg

               About Baldwin Park Congregate Home

Baldwin Park Congregate Home, Inc., owns and operates a skilled
nursing facility in Baldwin Park, California.  

Baldwin Park Congregate Home filed for Chapter 11 bankruptcy
protection (Bankr. C.D. Cal. Case No. 17-13634) on March 24, 2017,
estimating assets in the range of $0 to $50,000 and liabilities of
up to $10 million.  Eileen Cambe, the CEO, signed the petition.  

The Hon. Julia W. Brand presides over the case.  

The Debtor is represented by Giovanni Orantes, Esq., of Orantes Law
Firm.

Joseph Rodrigues was appointed as patient care ombudsman in the
Chapter 11 case.


BEASLEY MEZZANINE: S&P Rates $245MM Secured Credit Facility 'BB-'
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '2'
recovery rating to Beasley Mezzanine Holdings LLC's proposed $245
million senior secured credit facility, which consists of a $20
million revolver due 2022 and a $225 million term loan due 2023.
The '2' recovery rating indicates S&P's expectation for substantial
recovery (70%-90%; rounded estimate: 75%) of principal in the event
of a payment default. Beasley is a subsidiary of Beasley Broadcast
Group Inc.

The company will use the proceeds from the proposed credit facility
to refinance its existing term loan and partially fund an asset
exchange payment related to its station swap with Entercom
Communications Corp. S&P expects the transaction will be leverage
neutral and continue to expect Beasley will end 2017 with leverage
in the mid-4x area.

The proposed transaction doesn't affect S&P's 'B+' corporate credit
rating and stable rating outlook on Beasley.

RATINGS LIST

  Beasley Mezzanine Holdings LLC
   Corporate Credit Rating              B+/Stable/--

  New Ratings

  Beasley Mezzanine Holdings LLC
   Senior Secured
    $20 million revolver due 2022        BB-
     Recovery Rating                     2(75%)
    $225 million term loan due 2023      BB-
     Recovery Rating                     2(75%)


BEAULIEU GROUP: Seeks February 11 Exclusive Plan Filing Extension
-----------------------------------------------------------------
Beaulieu Group, LLC and its debtor-affiliates request the U.S.
Bankruptcy Court for the Northern District of Georgia for a 90-day
extension of the exclusive periods within which they may file and
solicit acceptances of one or more Chapter 11 plan(s) through and
including February 11, 2018, and April 12, 2018, respectively.

A hearing to consider approval of the Debtors' request is scheduled
for December 5, 2017, should any objections be filed.

On November 1, 2017, the Court entered an Order permitting the
Debtors to sell substantially all of their assets to Engineered
Floors, LLC.  The transactions authorized by the Sale Order were
closed effective as of November 6.

The Debtors asserts that in addition the preparations made for the
Sale closing, they have also been working to identify and liquidate
remaining assets as well as evaluate potential causes of action.
As such, the Debtors need more time to determine the best course of
action to propose in one or more Chapter 11 plan(s).

                     About Beaulieu Group

Founded in 1978 by Carl M. Bouckaert and Mieke D. Hanssens,
Beaulieu Group LLC -- http://www.beaulieuflooring.com/-- is a
privately owned American company that manufactures and distributes
high-end quality products in carpet, engineered hardwood, laminate
and luxury vinyl.  Beaulieu Group has 2,500 full- and part-time
hourly and salaried employees.

Beaulieu Group, LLC, along with the two other affiliates, filed
voluntary petitions seeking relief under the provisions of Chapter
11 of the United States Bankruptcy Code (Bankr. N.D. Ga. Lead Case
No. 17-41677) on July 16, 2017.  The cases are pending before the
Honorable Judge Mary Grace Diehl.

Scroggins & Williamson, P.C., is the Debtors' bankruptcy counsel.
McGuireWoods is the special corporate counsel and Armory Strategic
Partners is the restructuring advisor. American Legal Claim
Services, LLC, is the claims and noticing agent.

No trustee or examiner has been appointed in this Case. No request
has been made for the appointment of a trustee or examiner. An
Official Committee of Unsecured Creditors was appointed on July 21,
2017.


BELK INC: Bank Debt Trades at 17.69% Off
----------------------------------------
Participations in a syndicated loan under BELK, Inc. Industrial is
a borrower traded in the secondary market at 82.31
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.06 percentage points from the
previous week.  BELK, Inc. pays 450 basis points above LIBOR to
borrow under the $1.500 billion facility. The bank loan matures on
Nov. 19, 2022 and carries Moody's B2 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended November 3.


BESTWALL LLC: Taps Bates White as Asbestos Expert Consultant
------------------------------------------------------------
Bestwall LLC received approval from the U.S. Bankruptcy Court for
the Western District of North Carolina to hire Bates White, LLC as
its asbestos expert consultant.

The firm will provide expert and consulting services related to the
evaluation and estimation of the Debtor's asbestos liability.

Bates White received a retainer of $150,000 from the Debtor in
August.  In September, the firm requested an increase of $250,000
to the retainer for a total amount of $400,000.  Subsequently, the
retainer was replenished with additional payments in the total
amount of $897,207.56 in October.  As of the petition date, as much
as $425,000 of the retainer remained unapplied.

The firm's hourly rates are:

     Partner (Charles E. Bates)         $1,100
     Partner (Charles Mullin)             $900
     Principal                     $500 - $700
     Manager                       $425 - $600
     Senior Economist              $425 - $525
     Managing Director                    $500
     Senior Consultant             $350 - $450
     Economist                            $400
     Consultant II                 $350 - $390
     Project Director                     $375
     Consultant I                         $330
     Project Coordinator           $225 - $265
     Project Assistant                    $225
     Research Assistant                   $195

Charles Bates, chairman of Bates White, disclosed in a court filing
that his firm is a "disinterested person" as defined in section
101(14) of the Bankruptcy Code.

Bates White can be reached through:

     Charles E. Bates
     Bates White, LLC
     1300 Eye Street NW, Suite 600
     Washington, DC 20005
     Tel: (202) 408-6110
     Fax: (202) 408-7838

                        About Bestwall LLC

Bestwall LLC -- http://www.Bestwall.com/-- was created in an
internal corporate restructuring and now holds asbestos
liabilities.  Bestwall's asbestos liabilities relate primarily to
joint systems products manufactured by Bestwall Gypsum Company, a
company acquired by Georgia-Pacific in 1965.  The former Bestwall
Gypsum entity manufactured joint compounds containing small amounts
of chrysotile asbestos; the manufacture of these
asbestos-containing products ceased in 1977.

Bestwall's non-debtor subsidiary, GP Industrial Plasters LLC,
("PlasterCo"), develops, manufactures, sells and distributes gypsum
plaster products, including gypsum floor underlayment, industrial
plaster, metal casting plaster, industrial tooling plaster, dental
plaster, medical plaster, arts and crafts plaster, pottery plaster
and general purpose plaster.

Bestwall LLC sought Chapter 11 protection (Bankr. W.D.N.C. Case No.
17-31795) on Nov. 2, 2017.

The Hon. Laura T. Beyer is the case judge.

The Debtor tapped Jones Day as general bankruptcy counsel;
Robinson, Bradshaw & Hinson, P.A., as local counsel; Schachter
Harris, LLP, as special litigation counsel for medicine Science
issues; King & Spalding as special counsel for asbestos matters;
and Bates White, LLC, as asbestos consultants.  Donlin Recano LLC
is the claims and noticing agent.

The Debtor estimated assets and debt of $500 million to $1 billion.
The Debtor has no funded indebtedness.


BESTWALL LLC: Taps Schachter Harris as Litigation Counsel
---------------------------------------------------------
Bestwall LLC received approval from the U.S. Bankruptcy Court for
the Western District of North Carolina to hire Schachter Harris LLP
as special litigation counsel.

Schachter will assist the Debtor in matters related to the
resolution of its asbestos-related claims particularly with respect
to medical science issues.  The services include:

     (a) assisting the Debtor in analyzing issues concerning
         asbestos claims particularly with respect to medical
         science issues;

     (b) assisting other bankruptcy professionals;

     (c) assisting the Debtor in any formal and informal
         discovery regarding asbestos claims particularly with
         respect to medical science issues; and

     (d) assisting as needed and as requested in any proceedings
         related to the estimation of asbestos claims.

The firm's hourly rates range from $160 to $300 for attorneys and
from $90 to $135 for paralegals.  The attorneys expected to
represent the Debtor and their hourly rates are:

     Cary Schachter          $300
     Raymond Harris, Jr.     $280
     Laurie Fay              $210
     Susan Ashmore           $210
     Erin Therrian           $160
     Katrina Colwell Arp     $160

The Debtor paid a retainer to Schachter Harris in the sum of
$150,000 prior to the petition date.

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

Schachter Harris can be reached through:

     Raymond P. Harris, Jr., Esq.
     Schachter Harris LLP
     909 Lake Carolyn Parkway, Suite 1775
     Irving, TX 75039
     Tel: 214-999-5700

                        About Bestwall LLC

Bestwall LLC -- http://www.Bestwall.com/-- was created in an
internal corporate restructuring and now holds asbestos
liabilities.  Bestwall's asbestos liabilities relate primarily to
joint systems products manufactured by Bestwall Gypsum Company, a
company acquired by Georgia-Pacific in 1965.  The former Bestwall
Gypsum entity manufactured joint compounds containing small amounts
of chrysotile asbestos; the manufacture of these
asbestos-containing products ceased in 1977.

Bestwall's non-debtor subsidiary, GP Industrial Plasters LLC,
("PlasterCo"), develops, manufactures, sells and distributes gypsum
plaster products, including gypsum floor underlayment, industrial
plaster, metal casting plaster, industrial tooling plaster, dental
plaster, medical plaster, arts and crafts plaster, pottery plaster
and general purpose plaster.

Bestwall LLC sought Chapter 11 protection (Bankr. W.D.N.C. Case No.
17-31795) on Nov. 2, 2017.

The Hon. Laura T. Beyer is the case judge.

The Debtor tapped Jones Day as general bankruptcy counsel;
Robinson, Bradshaw & Hinson, P.A., as local counsel; Schachter
Harris, LLP, as special litigation counsel for medicine Science
issues; King & Spalding as special counsel for asbestos matters;
and Bates White, LLC, as asbestos consultants.  Donlin Recano LLC
is the claims and noticing agent.

The Debtor estimated assets and debt of $500 million to $1 billion.
The Debtor has no funded indebtedness.


BILLNAT CORP: U.S. Trustee Forms 2-Member Committee
---------------------------------------------------
Deniel M. McDermott, the U.S. Trustee for Region 9, on Nov. 9
appointed two creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of Billnat Corporation.

The committee members are:

     (1) Curt Johnson, Credit Manager (Committee Chair)
         S. Abraham & Sons, Inc.
         4001 3 Mile Road, NW
         P.O. Box 1768
         Grand Rapids, MI 49501-1768
         Tel: (616) 453-6358
         Fax: (616) 453-3591
         E-mail: curt.johnson@sasinc.com

     (2) Michelle Konwinski, Controller
         Alpena Wholesale Grocer
         dba Great North Foods
         170 N. Industrial Highway
         Alpena, MI 49707
         Tel: (989) 356-2281, ext. 229
         E-mail: michellek@greatnorthfoods.com

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 BillNat Corp.

BillNat Corporation operates 20 retail pharmacies from leased
facilities in Southern Michigan under the name "Sav-On Drugs".  It
was solely owned by Mr. William G. Newman until all of its capital
stock was acquired by the Frank W. Kerr Company in exchange for Mr.
Newman receiving additional shares of Kerr in a transaction that
closed in August 2015, but was retroactively effective as of Dec.
15, 2014.

Novi, Michigan-based Frank W. Kerr Company filed a Chapter 7
petition on Aug. 23, 2016.  The Debtor consented to and the Court
entered an order for relief under Chapter 11, converting the case
to a Chapter 11 proceeding (Bankr. E.D. Mich. Case No. 16-51724) on
Sept. 19, 2016.  Kerr tapped McDonald Hopkins PLC as counsel.  Epiq
Bankruptcy Solutions, LLC, serves as the Debtor's noticing, claims
and balloting agent.  The Debtor hired Conway Mackenzie Management
Services, LLC, as restructuring consultant and Jeffrey K. Tischler
as chief restructuring officer.  The official committee of
unsecured creditors retained Lowenstein Sandler LLP as lead
counsel; Wolfson Bolton PLLC as local counsel; and BDO USA, LLP, as
financial advisor.

BillNat Corporation filed a petition seeking relief under Chapter
11 of the United States Bankruptcy Code (Bankr. E.D. Mich. Case No.
17-54357) on Oct. 13, 2017.

BillNat estimated assets of $10 million to $50 million and debt of
$50 million to $100 million.

The case judge is the Hon. Maria L. Oxholm.


BO EX VENTURES: Hires FisherBroyles as Bankruptcy Counsel
---------------------------------------------------------
Bo Ex Ventures, LLC seeks authority from US Bankruptcy Court for
the Northern District of Texas, Dallas Division, to employ the law
firm of FisherBroyles, LLP as attorneys.

The professional services to be render by FisherBroyles are:

     (a) provide the Debtor legal advice with respect to their
         duties and powers in a bankruptcy case;

     (b) assist the Debtor in the investigation of its assets,
         liabilities and financial condition, the operation and
         liquidation of its business, and any other matter
         relevant to the case or to the formulation of a plan or
         plans of reorganization or liquidation;

     (c) assist the Debtor to prepare its bankruptcy schedules
         and statement of financial affairs and any other
         pleading or document deemed necessary to be filed;

     (d) assist the Debtor in selling substantially all of its
         assets through a Court-sanctioned auction;

     (e) advise the Debtor regarding the best course of action
         with respect to certain pre-petition litigation;

     (f) participate with the Debtor in the formulation of a plan
         or plans of reorganization or liquidation, including if
         necessary, attending and assisting in negotiation
         sessions, discussions and meetings with its creditors;

     (g) assist the Debtor in requesting the appointment of
         professional persons, should such action be necessary;

     (h) represent the Debtor at the meeting of creditors and any
         other necessary hearings, including, but not limited to,
         motions, trials, rejection and acceptance of executor
         contracts hearings, disclosure statement and plan
         confirmation hearings; and

     (i) perform other legal services as may be required and in
         the best interests of the Debtor, its estates and its
         creditors, including, but not limited to, prosecution
         and defense, if necessary, of appropriate adversary
         proceedings.

The firm's hourly rate for attorneys and legal assistants are:

     H. Joseph Acosta    $375.00
     Leanne Prendergast  $375.00
     Paralegal           $175.00

The Attorney can be reached through:

     H. Joseph Acosta, Esq.
     FISHERBROYLES, LLP
     Highland Park Place
     4514 Cole Avenue, Suite 600
     Dallas, TX 75205
     Tel: 214-614-8939
     Fax: 214-614-8992
     Email: joseph.acosta@fisherbroyles.com

                     About Bo Ex Ventures, LLC

Based in Dallas, Texas, Bo Ex Ventures, LLC filed a Chapter 11
petition (Bankr. N.D. Tex. Case No. 17-34117) on Nov. 3, 2017,
listing under $1 million in assets and liabilities.

The Debtor is represented by H Joseph Acosta at FisherBroyles,
L.L.P. as counsel.


BO EX VENTURES: Nov. 16 Meeting Set to Form Creditors' Panel
------------------------------------------------------------
William T. Neary, Acting United States Trustee for Region 9, will
hold an organizational meeting on Nov. 16, 2017, at 10:00 a.m. in
the bankruptcy case of Bo Ex Ventures, LLC.

The meeting will be held at:

               United States Trustee Meeting Room
               Earle Cabell Federal Building
               1100 Commerce Street, Suite 524
               Dallas, Texas 75242

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

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

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

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

                     About Bo Ex Ventures

Formed in July 2009, Bo Ex Ventures, LLC, is in the business of
providing IT management solutions to clients throughout Dallas,
Houston and Austin, Texas.  While it maintains several locations,
the company is headquartered in Dallas, Texas.  It currently has 14
employees and an outside consultant.

Bo Ex Ventures sought Chapter 11 protection (Bankr. N.D. Tex. Case
No. 17-34117) on Nov. 3, 2017.  H. Joseph Acosta, Esq., at
FisherBroyles, LLP, is representing the Debtor.


BPS US HOLDINGS: December 20 Plan Confirmation Hearing
------------------------------------------------------
Old BPSUSH Inc., formerly known as, BPS US Holdings Inc., on
November 2, 2017, filed with the United States Bankruptcy Court for
the District of Delaware a disclosure statement with respect to the
first amended joint Chapter 11 plan of liquidation in the Debtors'
jointly administered Chapter 11 cases.

The voting deadline to accept or reject the plan is on December 12,
2017.

The hearing to consider confirmation of the Plan has been Scheduled
for December 20, 2017 at 10:00 a.m. Objections to confirmation of
the Plan must be filed on or before December 12.

The Plan rests on two settlements:

     (1) The Global Settlement of all disputes among the Debtors,
the Creditors' Committee and the Equity Committee, a settlement
that the Monitor is prepared to recommend to the Canadian Court for
approval. The Global Settlement provides for, among other things:

         (a) Payment in full in cash of all Allowed General
Unsecured Claims without Post-Petition Interest (to the extent it
would have been allowable);

         (b) the resolution of all disputes regarding the treatment
of Intercompany Claims and Equity Interests;

         (c) the resolution of all disputes regarding allocation of
value and the allocation of the Sale Proceeds among the Estates;
and

         (d) the resolution of all disputes regarding potential
substantive consolidation of the Debtors.

     (2) the Class Settlement among the Lead Plaintiff, the Equity
Committee and the Debtors that resolves the objections to the
Securities Claims, the Lead Plaintiff's potential Plan objections,
and the Lead Plaintiff's cross motion for application of Bankruptcy
Rule 7023 to the Putative Class Claim. The Class Settlement
provides, among other things, that

         (a)  the Lead Plaintiff will receive (for itself and each
member of the Putative Class) a distribution of $1,150,000 of Cash
from the Sale Proceeds contemporaneously with other Cash
distributions of Sale Proceeds made to Holders of Parent Equity
Interests under the Plan, and

         (b) the Lead Plaintiff will receive (on behalf of itself
and each member of the Putative Class) 40% participation in net
recoveries from Retained Causes of Action, up to an aggregate
maximum amount of $2,500,000.

A full-text copy of the Debtors' Disclosure Statement and Plan is
available for free at https://is.gd/TXRsC2

                    About Performance Sports

Exeter, N.H.-based Performance Sports Group Ltd. --
http://www.PerformanceSportsGroup.com/-- is a developer and
manufacturer of ice hockey, roller hockey, lacrosse, baseball and
softball sports equipment, as well as related apparel and soccer
apparel.  

On Oct. 31, 2016, Performance Sports Group Ltd. and certain of its
affiliates filed voluntary petitions under Chapter 11 of the
Bankruptcy Code in the District of Delaware and commenced
proceedings under the Companies' Creditors Arrangement Act in the
Ontario Superior Court of Justice.

The U.S. Debtors are: BPS US Holdings Inc.; Bauer Hockey, Inc.;
Easton Baseball/Softball Inc.; Bauer Hockey Retail Inc.; Bauer
Performance Sports Uniforms Inc.; Performance Lacrosse Group Inc.;
BPS Diamond Sports Inc.; and PSG Innovation Inc.

The Canadian Debtors are: Performance Sports Group Ltd.; KBAU
Holdings Canada, Inc.; Bauer Hockey Retail Corp.; Easton
Baseball/Softball Corp.; PSG Innovation Corp. Bauer Hockey Corp.;
BPS Canada Intermediate Corp.; BPS Diamond Sports Corp.; Bauer
Performance Sports Uniforms Corp.; and Performance Lacrosse Group
Corp.

The Debtors hired Paul, Weiss, Rifkind, Wharton & Garrison LLP as
counsel; Young Conaway Stargatt & Taylor, LLP as co-counsel;
Stikeman Elliott LLP as Canadian legal counsel; Centerview LLP as
investment banker to the special committee; Alvarez & Marsal North
America, LLC, as restructuring advisor; Joele Frank, Wilkinson,
Brimmer, Katcher as communications & relations advisor; KPMG LLP as
auditors; and Prime Clerk LLC as notice, claims, solicitation and
balloting agent.

Ernst & Young LLP is the monitor in the CCAA cases.  The Monitor
tapped Thornton Grout Finnigan LLP, Allen & Overy LLP, and Buchanan
Ingersoll & Rooney PC as attorneys.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Nov. 10, 2016,
appointed three creditors of BPS US Holdings, Inc., parent of
Performance Sports, to serve on the official committee of unsecured
creditors.  The Creditors' Committee retained by Blank Rome LLP as
counsel, Cassels Brock & Blackwell LLP as Canadian co-counsel, and
Province Inc. as financial advisor.

The U.S. Trustee appointed a committee of equity security holders.

The equity committee is represented by Natalie D. Ramsey, Esq., and
Mark A. Fink, Esq., at Montgomery, McCracken, Walker & Rhoads, LLP;
and Robert J. Stark, Esq., Steven B. Levine, Esq., James W. Stoll,
Esq., and Andrew M. Carty, Esq., at Brown Rudnick LLP.

The U.S. Court appointed M.J. Renick & Associates LLC as the fee
examiner.

                          *     *     *

As reported by the Troubled Company Reporter, effective as of Feb.
27, 2017, the Company consummated the sale of substantially all of
the assets of the Company and its North American subsidiaries,
including its European and global operations, pursuant to an asset
purchase agreement, dated as of Oct. 31, 2016, as amended, by and
among the Sellers, 9938982 Canada Inc., an acquisition vehicle
co-owned by affiliates of Sagard Holdings Inc. and Fairfax
Financial Holdings Limited, and the designated purchasers party
thereto, for a base purchase price of US$575 million in aggregate,
subject to certain adjustments, and the assumption of related
operating liabilities.

The transaction was the culmination of the process commenced by the
Sellers pursuant to creditor protection proceedings launched on
Oct. 31, 2016, in the Ontario Superior Court of Justice under the
Companies' Creditors Arrangement Act, and in the U.S. Bankruptcy
Court for the District of Delaware under Chapter 11 of the
Bankruptcy Code, as amended.

The Company conducted a court-supervised sale and auction process
as part of its Canadian and U.S. court proceedings.  The bid made
by the Purchaser served as the "stalking horse" bid for purposes of
the process and was ultimately determined to be the successful bid
in accordance with the related court approved bidding procedures.

In accordance with, and pursuant to, the terms and conditions of
the Agreement, the Company has changed its name to "Old PSG
Wind-down Ltd." from "Performance Sports Group Ltd." effective as
of March 20, 2017.  BPS US Holdings Inc. changed its name to Old
BPSUSH Inc.

On Aug. 25, 2017, the Debtors filed their Plan of Liquidation and
related Disclosure Statement.  On Oct. 19, 2017, the Debtors filed
their modified Plan of Liquidation and modified Disclosure
Statement.


BRENDA ROBINSON: Taps Blumenfeld Law as Bankruptcy Counsel
----------------------------------------------------------
Brenda Robinson Associates New York Inc. seeks authority from the
United States Bankruptcy Court for the Eastern District of New York
(Brooklyn) to employ the Law Office of Rachel S. Blumenfeld as
counsel.

Services to be rendered by the Counsel 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 in order to
effectuate such a plan including, if need be, negotiations with
creditors and other parties in interest;

     c. prepare on behalf of the Debtor all necessary schedule,
application, motions, answers, orders, reports, and other legal
papers required for the Debtor that seek 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 to represent the Debtor in all matters pending
before the Court;

     e. represent the Debtor, if need be, in connection with
obtaining post-petition financing;

     f. take necessary action to obtain approval of a disclosure
statement and confirmation of a plan of reorganization;

     g. perform all other legal services of the Debtor which may be
necessary for the preservation of the Debtor's estate and to
promote the best interest of the Debtor, its creditors and its
estate.

The Counsel's houly rates are:

      Rachel S. Blumenfeld, Esq.  $450
      Of Counsel                  $400
      Paraprofessional            $150

Rachel Blumenfeld, Esq., assures the Court that the Law Office of
Rachel S. Blumenfeld is a "disinterested person" as the term is
defined in Sec. 101(14) of the Bankruptcy Code.

The Counsel can be reached through:

     Rachel Blumenfeld, Esq.
     LAW OFFICE OF RACHEL S. BLUMENFELD
     26 Court Street, Suite 2220
     Brooklyn, NY 11242
     Tel: (718) 858-9600
     Fax: (718) 858-9601
     E-mail: rblmnf@aol.com

          About Brenda Robinson Associates New York Inc

Brenda Robinson Associates operates a rental business in Brooklyn,
New York.  The Company owns in fee simple interest a two-family
residential home (currently occupied by tenants), valued by the
Company at $1.15 million.  The Company previously sought relief
under Chapter 7 of the Bankruptcy Code (Bankr. E.D.N.Y. Case No.
17-40556) on Feb. 8, 2017.  That case was dismissed by Judge
Elizabeth S. Stong on June 16, 2017.

Brenda Robinson Associates filed a Chapter 11 petition (Bankr. E.D.
N.Y. Case No. 17-45384) on October 18, 2017. The petition was
signed by Joel Salcer, its president.

Judge Stong presides over the Chapter 11 case.  Rachel Blumenfeld,
Esq., at the Law Office of Rachel S. Blumenfeld represents the
Debtor as counsel. At the time of filing, the Debtor estimated
$1.15 million in assets and $1.62 million in liabilities.


C SWANK ENTERPRISES: Amended Disclosures Inadequate, PFC Complains
------------------------------------------------------------------
Secured creditor PACCAR Financial Corp. filed with the U.S.
Bankruptcy Court for the Western District of Pennsylvania an
objection to C. Swank Enterprises, LLC's amended disclosure
statement.

PFC complains that the Amended Disclosure Statement fails to
adequately set forth:

  * The owners of Debtor are retaining their equity interests in
Debtor without providing appropriate "new
    value" other than their continued services, for which they are
being compensated. The Swanks are               
    effectively asking the creditors to recapitalize their company
at the creditor's expense and hazard.

  * The Debtor is providing benefit to Royal Flush, Inc., another,
Chapter 11 Debtor owned by the Swanks, at the expense of Debtor's
creditors, including PFC, by reducing the amount paid to the
creditors.

  * The Debtor is seeking a release of their Swanks' personal
guaranty obligations to PFC and possibly others, without an
asserted justification for such a personal benefit. They offer no
consideration to the creditors; nor is there any explanation of how
such releases are necessary and essential tor
reorganization-especially since the guarantors will be paid a
salary by the reorganized debtor. Further, there does' not appear
to be any "new value" being contributed to the reorganized debtor
in exchange for their continued equity interest.  Such a release
effectively places the burden of success on PFC and other
creditors, rather than the equity owners.

  * The obligations of Debtor to Royal Flush are not being
discharged or time-barred. The Disclosure Statement does not make
plain that this arrangement provides owners of Royal Flush, i.e.,
the same owners of C Swank, another opportunity to collect from
business operations while having modified, that is, reduced, the
obligations to PFC and others by being released from their personal
guaranties.

  * First National bank is being treated an oversecured creditor
and permitted post-petition interest and
    attorneys' fees.

For these reasons, PFC asserts that the Amended Disclosure
Statement is inadequate and should not be approved.

The Troubled Company Reporter previously reported that the secured
claim of PFC will be paid in full over seven years with a fixed
interest rate of five 5%.

A copy of the Latest Disclosure Statement is available at:

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

Attorneys for PFC:
     
     Howard Gershman, Esq.
     GERSHMAN LAW OFFICES PC
     610 York Road Suite 200
     Jenkintown, PA 19046
     Tel: (215) 886-11202
     E-mail: howard@gershman-law.com

          -- and --

     Thomas E. Reilly, Esq.
     THOMAS E. REILLY, PC
     2200 Georgetown Drive, Suite 403
     Sewickley, PA 15143
     Tel: (724) 933-3500
     E-mail: jmiller@tomreillylaw.com

                  About C Swank Enterprises

Headquartered in Apollo, Pennsylvania, C Swank Enterprises, LLC,
leases trucks and equipment used in the oil & gas industry to a
related entity, Royal Flush, Inc.  

C Swank filed for Chapter 11 bankruptcy protection (Bankr. W.D. Pa.
Case No. 16-23451) on Sept. 15, 2016, estimating assets and
liabilities of $1 million to $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&D COAL: Selling Real & Personalty Property in Bulk
----------------------------------------------------
C&D Coal Co., LLC, and Derry Coal Co., LLC, filed a notice with the
U.S. Bankruptcy Court for the Western District of Pennsylvania of
their sale of real and personlty property in bulk, free and clear
of all liens, claims and encumbrances.

A hearing on the Motion is set for Dec. 21, 2017 at 10:30 a.m.

The Real Property and Personalty which is to be sold by the Debtors
are:

     a. Derry Coal: 104 acres with metal building and rail facility
located at 1 Coal Loader Drive, Derry, PA 15627

     b. C&D Coal: (i) 19,000 acres of coal and gas rights per
assignment from Kingston Coal Company and Kingston Gas Co.; (ii) 84
Acres of surface real property in Latrobe, PA; and (iii) 114 Acres
of coal and gas rights in Derry, PA.

     c. C&D Coal Equipment: (i) MCI Power Center (Model
36441-4542-0812); (ii) Joy Miner (Model 14 CM10-11AAK); (iii)
Fletcher Bolter (Model RRII-13-B-C-F); (iv) Joy 21 Shuttle Cars (2)
(Model 27SC - 56AKKE - 1); (v) Stancor Sump Pump (Model 940CEHH);
(vi) Stancor Pumps (2) (Model P20 CE); (vii) Flyte Pump (Model
2075-080-502); (viii) Switch House (Model SSH 7200-4364); (ix)
Stampler Feeder (Model BF-17-12); (x) DBT Scoop (Model 488DBT);
(xi) Caterpillar Scoop; (xii) Caterpillar Scoop Charger; (xiii)
Benchee 4 Wheeler; (xiv) Mine Fan (Model 72-D9-200); (xv) Green
Fork Lift (Model MLULL-10K); (xvi) Luigong Loader (Model CLG85611);
(xvii) Caterpillar Loader (Model 980 G); (xviii) MCI Substation
(Model 36442-45476-0812); (xix) MCC Room (with 480 Volt Fan
Starter; 240/120 Load Center; Pit Light Timer and Lights; 480 Volt
AC-240/120 VAC Transformer GE 37.5 KVA; 120/240 Breaker Panel; 480
Volt Main Disconnect for Fan; 480 Volt 3 Phase Disconnect for
Transformer); (xx) Grindex Fresh Water Pump (Model Major-H); and
(xxi) Stancor Pit Pump (Model SX2000HH).

In order to be considered for status as a Qualified Bidder for the
aforementioned Public Sale, a potential bidder must deliver the
following to the Debtors' Counsel, Robert O Lampl, Robert O Lampl
Law Office, 223 Fourth Avenue, 4th Floor, Pittsburgh, PA 15222, by
Dec. 18, 2017, unless otherwise determined by the Court at a
Hearing on the approval of bidding procedures to be conducted on
Dec. 11, 2017 at 1:30 p.m., as follows: (i) a fully executed Asset
Purchase Agreement in a form acceptable to the Debtors; (ii) Proof,
in a form satisfactory to the Debtors, of the bidder's financial
ability to consummate its offer to purchase the Debtors' real
property; (iii) an earnest money deposit of $1,000,000 in cash, a
cashier's check, certified check or wire transfer payable to Robert
O Lampl as Escrow Agent for the Debtors; and (iv) a bid in an
amount at least equal to a minimum reserve price which will be
established by the Court at a Hearing on the approval of bidding
procedures to be conducted on Dec. 11, 2017 at 1:30 p.m.

          About C&D Coal Company and Derry Coal Company

C&D Coal Company, LLC, and Derry Coal Company, LLC, both based in
Derry, PA, filed separate Chapter 11 petitions (Bankr. W.D Pa. Case
Nos. 16-24726 and 16-24727) on Dec. 22, 2016.  The petitions were
signed by Jimmy Edward Cooper, managing member.  The cases are not
jointly administered.  

Judge Gregory L. Taddonio presides over the case of C&D.  Judge
Thomas P. Agresti was initially assigned to Derry Coal's case but
Judge Taddonio later took
over.

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

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

On Jan. 17, 2017, Andrew R. Vara, acting U.S. trustee for Region 3,
appointed an official committee of unsecured creditors in C&D's
case.  The committee retained Whiteford, Taylor & Preston, LLC as
counsel; and Albert's Capital Services, LLC as financial advisor.

No official committee of unsecured creditors has been appointed in
Derry Coal's case.

The Debtors filed their proposed Chapter 11 plans and disclosure
statements.


CADIZ INC: Incurs $5.99 Million Net Loss in Third Quarter
---------------------------------------------------------
Cadiz Inc. filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q reporting a net loss and
comprehensive loss applicable to common stock of $5.99 million on
$111,000 of total revenues for the three months ended Sept. 30,
2017, compared to a net loss and comprehensive loss applicable to
common stock of $5.17 million on $120,000 of total revenues for the
three months ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, Cadiz Inc. reported a net
loss and comprehensive loss applicable to common stock of $26.78
million on $327,000 of revenues compared to a net loss and
comprehensive loss applicable to common stock of $19.61 million on
$303,000 of revenues for the same period a year ago.

The Company's balance sheet as of Sept. 30, 2017, showed $68.88
million in total assets, $145.18 million in total liabilities and a
total stockholders' deficit of $76.29 million.

According to the Form 10-Q, "Cash requirements during the nine
months ended Sept. 30, 2017, primarily reflect certain
administrative costs related to the Company's water project
development efforts.  Currently, the Company's sole focus is the
development of its land and water assets.

"The Company's New Senior Secured Debt and its convertible notes
contain representations, warranties and covenants that are typical
for agreements of this type, including restrictions that would
limit the Company's ability to incur additional indebtedness, incur
liens, pay dividends or make restricted payments, dispose of
assets, make investments and merge or consolidate with another
person.  However, while there are affirmative covenants, there are
no financial maintenance covenants and no restrictions on the
Company's ability to issue additional common stock to fund future
working capital needs.  The debt covenants associated with the New
Senior Secured Debt were negotiated by the parties with a view
towards the Company's operating and financial condition as it
existed at the time the agreements were executed.  At September 30,
2017, the Company was in compliance with its debt covenants.

"The Company's cash resources provide the Company with sufficient
funds to meet its working capital needs for a period beyond one
year from this quarterly report issuance date.  The Company may
meet working capital requirements beyond this period through a
variety of means, including construction financing, equity or debt
placements, through the sale or other disposition of assets or
reductions in operating costs.  Equity placements may be made using
our existing shelf registration.  Equity placements, if made, would
be undertaken only to the extent necessary, so as to minimize the
dilutive effect of any such placements upon the Company's existing
stockholders.

"Limitations on the Company's liquidity and ability to raise
capital may adversely affect it.  Sufficient liquidity is critical
to meet the Company's resource development activities.  Although
the Company currently expects its sources of capital to be
sufficient to meet its near-term liquidity needs, there can be no
assurance that its liquidity requirements will continue to be
satisfied.  If the Company cannot raise needed funds, it might be
forced to make substantial reductions in its operating expenses,
which could adversely affect its ability to implement its current
business plan and ultimately its viability as a company."

A full-text copy of the Quarterly Report is available at:

                    https://is.gd/5D5Xqs

                         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
in 2016, a net loss and comprehensive loss of $24.01 million in
2015, and a net loss and comprehensive loss of $18.88 million in
2014.


CALIFORNIA RESOURCES: Liaos Have 3.15% Stake as of Nov. 8
---------------------------------------------------------
Victoria Liao and Sam Liao reported in a Schedule 13G/A filed with
the Securities and Exchange Commission that as of Nov. 8, 2017,
they beneficially own 1,350,000 shares of common stock of
California Resources Corporation, constituting 3.15 percent of the
shares outstanding.  A full-text copy of the regulatory filing is
available for free at https://is.gd/h6i3B2

                   About California Resources

California Resources Corporation is an independent oil and natural
gas exploration and production company operating properties
exclusively within the State of California.  The Company was
incorporated in Delaware as a wholly-owned subsidiary of Occidental
on April 23, 2014, and remained a wholly-owned subsidiary of
Occidental until if was spun off.  On Nov. 30, 2014, Occidental
distributed shares of the Company's common stock on a pro rata
basis to Occidental stockholders and the Company became an
independent, publicly traded company, referred to in the annual
report as the Spin-off.  Occidental retained approximately 18.5% of
the Company's outstanding shares of common stock which it has
stated it intends to divest on March 24, 2016.

California Resources reported net income of $279 million on $1.54
billion of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of $3.55 billion on $2.40 billion of total
revenue for the year ended Dec. 31, 2015.  As of Sept. 30, 2017,
California Resources had $6.18 billion in total assets, $6.75
billion in total liabilities and a total deficit of $574 million.


                          *     *     *

In September 2017, S&P Global Ratings affirmed its 'CCC+' corporate
credit rating on Los Angeles-based exploration and production
company California Resources Corp.  The outlook is negative.  "The
affirmation of the 'CCC+' corporate credit rating on California
Resources Corp. (CRC) reflects our assessment of the company's
improving, but still weak financial measures combined with
increased capital spending that should stem production declines
following a tumultuous 2016.  Nevertheless, we expect debt leverage
to remain very high, above 7x, with no near-term catalyst for
significant improvement under our base case assumptions, including
$50 per barrel West Texas Intermediate (WTI)and Brent crude oil
through 2018.

In August 2016, Moody's Investors Service downgraded California
Resources' Corporate Family Rating to 'Caa2' from 'Caa1' and
Probability of Default Rating to 'Caa2-PD' from 'Caa1-PD'.


CALIFORNIA RESOURCES: Proposes 2014 Credit Facilities Amendment
---------------------------------------------------------------
California Resources Corporation said in its quarterly report on
Form 10-Q for the period ended Sept. 30, 2017, that it is working
with its lender group to enter into an amendment to its credit
agreement with JPMorgan Chase Bank, N.A., as administrative agent,
swingline lender and a letter of credit issuer, Bank of America,
N.A., as syndication agent, swingline lender and a letter of credit
issuer, and certain lenders, dated as of Sept. 24, 2014.  The
proposed amendment has received approval from each member of the
lender group and the Company expects that the amendment will be
signed after completion of federally mandated flood insurance
review.  The Company provides no assurances that the amendment will
be signed or will become effective, or that the terms of the
proposed amendment will not change, whether as a result of flood
insurance review or otherwise.

The proposed amendment, if completed, will become effective upon
the satisfaction of certain conditions, including the closing of a
new term loan with minimum proceeds of at least $900 million and
minimum liquidity at closing of $500 million.  The proceeds of the
new term loan would be used to repay a portion of the borrowings
under our 2014 Credit Facilities.  If the proposed amendment is
completed and becomes effective, the Company's 2014 Credit
Facilities would be amended to:

   * extend the maturity date until June 30, 2021, subject to a
     springing maturity of (i) 273 days prior to the maturity of
     the Company's 2020 Notes to the extent that more than $100
     million of those notes remain outstanding at such date and
    (ii) 273 days prior to the maturity of its 2021 Notes, to the
     extent that more than $100 million of such notes remain
     outstanding on such date;

   * reset the financial performance covenants as follows:

       - maximum leverage ratio of indebtedness under its 2014
         Credit Facilities and the new term loan to EBITDAX to be
         less than 1.90 to 1.00 through 2019 and less than 1.50 to

         1.00 thereafter, and

       - minimum interest coverage ratio to be greater than 1.20
         to 1.00;

   * defer quarterly payments on its 2014 Term Loan until
     Sept. 30, 2019, which would be reduced to $12.5 million per
     quarter thereafter;

   * reduce its 2014 Revolving Credit Facility commitment to $1
     billion and reduce its minimum liquidity requirement to $150
     million;

   * increase the applicable margin on LIBOR-based loans to a
     range of 3.25% to 4.00% and on ABR-based loans to a range of
     2.25% to 3.00%;

   * permit the Company to use 50% of the proceeds from an Elk
     Hills power plant monetization to prepay its 2016 Credit
     Agreement, Second Lien Notes and Senior Notes;

   * permit the Company to use the proceeds from other non-
     borrowing base asset sales to prepay its 2016 Credit
     Agreement, Second Lien Notes and Senior Notes as follows:

       - 75% of those proceeds for all aggregate proceeds received

         up to $500 million

       - 50% of those proceeds for all aggregate proceeds received

         between $500 million and $1 billion

       - 25% of those proceeds for all aggregate proceeds received

         in excess of $1 billion

       - permit the Company to incur certain other first-lien    
         indebtedness for deleveraging activities.

                           Q3 Results

California Resources reported a net loss attributable to common
stock of $133 million on $445 million of total revenues and other
for the three months ended Sept. 30, 2017, compared to net income
attributable to common stock of $546 million on $456 million of
total revenues and other for the three months ended Sept. 30,
2016.

For the nine months ended Sept. 30, 2017, California Resources
reported a net loss attributable to common stock of $128 million on
$1.55 billion of total revenues and other compared to net income
attributable to common stock of $356 million on $1.09 billion of
total revenues and other for the same peirod during the prior
year.

As of Sept. 30, 2017, California Resources had $6.18 billion in
total assets, $6.75 billion in total liabilities and a total
deficit of $574 million.  

According to the Form 10-Q, "The primary source of liquidity and
capital resources to fund our capital program and other obligations
has been cash flow from operations.  Operating cash flows are
largely dependent on oil and natural gas prices, sales volumes and
costs.  Significant changes in oil and natural gas prices have a
material impact on our liquidity.

"Lower commodity prices in recent years have put pressure on the
oil and gas industry's ability to generate positive cash flow and
access capital.  If commodity prices were to prevail through 2017
at about current levels, we would expect to be able to fund our
operations and capital budget with our operating cash flows and
would not anticipate a net draw down on our 2014 Revolving Credit
Facility.  Our ability to borrow funds under our 2014 Revolving
Credit Facility is limited by the size of our lenders' commitments,
our ability to comply with covenants, our borrowing base and a $250
million minimum monthly liquidity requirement. Effective November
1, 2017, the borrowing base under our 2014 Credit Facilities was
reaffirmed at $2.3 billion.  Our credit limit under our 2014 Credit
Facilities is $2.0 billion.  As of September 30, 2017, we had
approximately $431 million of available borrowing capacity under
these facilities, subject to the minimum liquidity requirement.

"We expect to be in compliance with the covenants under our 2014
Credit Facilities through 2017, but at current product prices, we
expect that we would not be in compliance with the minimum interest
coverage ratio when it increases to 2.00 to 1.00 and the maximum
leverage ratio when it decreases to 2.25 to 1.00 in March 2018.  If
the proposed amendment to our 2014 Credit Facilities described
elsewhere in this Quarterly Report on Form 10-Q is not completed,
or if it is completed but does not become effective, we would need
to seek a separate amendment for covenant relief from our lenders.
Since the Spin-off, the lenders under or 2014 Credit Facilities
have been supportive in granting multiple amendments to facilitate
our efforts to strengthen our balance sheet, including covenant
amendments.  However, we can make no assurances that they will
continue to grant covenant amendments.  Our inability to amend our
covenants in the event the proposed amendment to our 2014 Credit
Facilities is not completed, or if it is completed but does not
become effective, would have a material adverse effect on our
liquidity.  If we were to breach any of the covenants under our
2014 Credit Facilities, our lenders could accelerate the principal
amount due under such facilities and foreclose against the assets
securing them.  If payments were accelerated, or we failed to make
certain payments, under these facilities, it would result in a
default under our 2016 Credit Agreement and outstanding notes and
permit acceleration and foreclosure against the assets securing our
2016 Credit Agreement and Second Lien Notes.

"Our 2014 Credit Facilities mature at the earlier of November 2019
and the182nd day prior to the maturity of our 2020 Notes or our
2021 Notes if the outstanding principal amount of either series
exceeds $100 million prior to its respective maturity date.  Our
2016 Credit Agreement matures at the earlier of December 2021 and
the 91st day prior to maturity of the 2020 Notes or of our 2021
Notes if the outstanding principal amount of either series exceeds
$100 million prior to its respective maturity date.  As of
September 30, 2017, we had $165 million and $135 million in
aggregate principal amount of outstanding 2020 Notes and 2021
Notes, respectively.

"For continued financial flexibility in a lower price environment,
we expect to rely on operating cash flows, settlements from our
derivatives contracts, joint ventures, our available borrowing
capacity and our ability to manage the pace of development
activities to keep the internally funded portion of the aggregate
capital program within our operating cash flow.

"We cannot guarantee our planned increase in investments in 2017
will result in a rapid reversal of, or a significant increase in,
production trends. If commodity prices fall below current levels
for a sustained period, we may need to reduce the size of our
capital program and, as a result, may experience declines in our
production and reserves.  Such declines may reduce our liquidity
and ability to satisfy our debt obligations by negatively impacting
our cash flow from operations, the value of our assets and the
amount of our borrowing base.

"We will continue to evaluate opportunities to strengthen our
balance sheet.  We expect our main source of deleveraging, as
measured by a lower leverage ratio, will come from our future
production growth through reinvesting substantially all of our
operating cash flow into our business.  However, we may also from
time to time seek to further reduce our outstanding debt using cash
from asset sales, other monetizations or other sources.  Such
activities, if any, will depend on available funds, prevailing
market conditions, our liquidity requirements, contractual
restrictions in our credit facilities, perceived credit risk by
counterparties and other factors.  The amounts involved may be
material.  We can give no assurances that any of these efforts will
be successful."

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

                     https://is.gd/1I41er

                   About California Resources

California Resources Corporation is an independent oil and natural
gas exploration and production company operating properties
exclusively within the State of California.  The Company was
incorporated in Delaware as a wholly-owned subsidiary of Occidental
on April 23, 2014, and remained a wholly-owned subsidiary of
Occidental until if was spun off.  On Nov. 30, 2014, Occidental
distributed shares of the Company's common stock on a pro rata
basis to Occidental stockholders and the Company became an
independent, publicly traded company, referred to in the annual
report as the Spin-off.  Occidental retained approximately 18.5% of
the Company's outstanding shares of common stock which it has
stated it intends to divest on March 24, 2016.

California Resources reported net income of $279 million on $1.54
billion of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of $3.55 billion on $2.40 billion of total
revenue for the year ended Dec. 31, 2015.  

                           *    *    *

In September 2017, S&P Global Ratings affirmed its 'CCC+' corporate
credit rating on Los Angeles-based exploration and production
company California Resources Corp.  The outlook is negative.  "The
affirmation of the 'CCC+' corporate credit rating on California
Resources Corp. (CRC) reflects our assessment of the company's
improving, but still weak financial measures combined with
increased capital spending that should stem production declines
following a tumultuous 2016.  Nevertheless, we expect debt leverage
to remain very high, above 7x, with no near-term catalyst for
significant improvement under our base case assumptions, including
$50 per barrel West Texas Intermediate (WTI)and Brent crude oil
through 2018.

In August 2016, Moody's Investors Service downgraded California
Resources' Corporate Family Rating to 'Caa2' from 'Caa1' and
Probability of Default Rating to 'Caa2-PD' from 'Caa1-PD'.


CALIFORNIA RESOURCES: S&P Affirms 'CCC+ CCR on New Loan Issuance
----------------------------------------------------------------
U.S.-based oil and gas exploration and production company
California Resources Corporation (CRC) has amended its credit
facility and announced the issue of a $1 billion 1.25-lien term
loan due 2022, improving liquidity.

S&P Global Ratings affirmed its 'CCC+' corporate credit rating on
Los Angeles-based exploration and production company California
Resources Corp (CRC). The outlook is negative.

S&P said, "At the same time, we assigned our 'B' issue-level and
'1' recovery ratings to the company's new $1 billion 1.25 lien term
loan due 2022. The '1' recovery rating indicates our expectation
for very high (90%-100%; rounded estimate: 95%) recovery in the
event of a payment default.

"We are also affirming our 'CCC+' issue-level rating on the
company's senior secured second-lien notes and revising the
recovery rating to '4' from '3',reflecting the addition of the $1
billion first lien term loan due 2022. The '4' recovery rating
indicates our expectation of average (30%-50%; rounded estimate:
45%) recovery in the event of a payment default.  

"We are also affirming our 'B' issue-level and '1' recovery ratings
on the company's existing first-lien debt. The '1' recovery rating
indicates our expectation for very high (90%-100%; rounded
estimate: 95%) recovery in a default scenario.

"We are also affirming our 'CCC-' issue-level and '6' recovery
ratings on the company's senior unsecured debt. The '6' recovery
rating indicates our expectation for negligible (0-10%; rounded
estimate: 0%) recovery in a default scenario.

"The affirmation of the 'CCC+' corporate credit rating on CRC
reflects our assessment of the company's improving, but still weak
financial measures combined with increased capital spending that
should stem production declines following a tumultuous 2016.
Nevertheless, we expect debt leverage to remain very high, above
7x, with no near-term catalyst for significant improvement under
our base case assumptions, which include $50 per barrel (bbl) West
Texas Intermediate (WTI) and Brent crude oil prices through 2018.
Additionally, given the improved covenant cushion, lower
amortization and longer maturity schedule following the amendments
to the first-lien first out credit facility, combined with the
expected debt repayment from the proceeds of the new 2022 term
loan, CRC's liquidity position has improved.  

"The negative outlook reflects CRC's still high debt levels and
leverage that we consider unsustainable. CRC will continue to
struggle with its very high debt burden and related interest
expense that will continue to be a drag on cash flows and
liquidity.

"We could lower ratings if CRC's liquidity materially deteriorates
from current levels. This would most likely occur if crude oil
prices significantly fall below our price assumptions within the
next 12 months.

"We could return the rating outlook to stable if CRC can make
progress on debt reduction such that debt leverage trends toward
5x. At the same time liquidity should continue to improve, likely
due to repayment of borrowings on the first lien first out
facility. Both scenarios likely to require improving commodity
prices above our base case assumptions."


CANTRELL DRUG: Seeks Authority to Use Cash Collateral Until Feb. 4
------------------------------------------------------------------
Cantrell Drug Company seeks authorization from the U.S. Bankruptcy
Court for the Eastern District of Arkansas to use of cash
collateral on a preliminary or final basis per the budget for the
period of weeks ending Nov. 13, 2017 to Feb. 4, 2018.

The cash collateral budget provides cash disbursements in the
aggregate sum of $3,504,505 for ongoing operations during the use
period.

The Debtor proposes to retain in the debtor-in-possession account
(to be opened) sufficient monthly revenue to pay operating
requirements, including payroll taxes, state and federal, customary
vendor debt and utilities. Moreover, any money not used from the
cash collateral will accumulate in a debtor-in-possession
operational account (to be opened) and be distributed as directed
by a confirmed plan of reorganization by non-appealable order or
otherwise as the Court may direct.

The primary source of income for Debtor's operations has been
manufacture of specialty pharmaceutical drugs provided to private
and non-profit healthcare providers.

The Debtor asserts that it has no unencumbered source of funding to
operate the business. As a result of its financial condition, at
this time, the Debtor has been unable to obtain alternative sources
of cash or credit, either in the form of unsecured credit allowable
as an administrative expense.

As such, a need exists on an emergency basis for the Debtor to use
cash collateral for the continued operation of the business to pay
staffing expenses, operating expenses, maintenance expenses and
administrative expenses, and otherwise conduct the business affairs
of the Debtor.

Consequently, if the Debtor is unable to obtain authority to use
cash collateral on the terms and conditions set forth herein, the
Debtor would be unable to pay its operating expenses and its
operations would be jeopardized.

A full-text copy of the Debtor's Motion, dated Nov. 7, 2017, is
available at https://is.gd/Tg4ggK

                      About Cantrell Drug

Established in 1952, Cantrell Drug Company --
https://www.cantrelldrug.com/ -- is a privately owned multi-faceted
specialty pharmaceutical company providing sterile and non-sterile
pharmaceutical preparations to meet the needs of patients,
physicians, clinics, and healthcare institutions throughout the
United States.  Cantrell Drug Company is comprised of two
divisions: a state-based custom compounding division primarily
designed to "bridge the gap" with commercial product drug
shortages, and a FDA registered division known as an "Outsource
Human Drug Compounder."  

Cantrell Drug Company filed a Chapter 11 petition (Bankr. D. Ark.
Case No. 17-16012) on Nov. 7, 2017.  James L. Mc Carley, Jr., CEO,
signed the petition.  The case is assigned to Judge Phyllis M.
Jones.  The Debtor is represented by Kevin P. Keech, Esq. at Keech
Law Firm, P.A.  At the time of filing, the Debtor disclosed $15.11
million in assets and $7.46 million in liabilities.


CBL & ASSOCIATES: Fitch Cuts LT IDR to BB+; Outlook Negative
------------------------------------------------------------
Fitch Ratings has downgraded the ratings of CBL & Associates
Properties, Inc. (NYSE: CBL) and its operating partnership, CBL &
Associates Limited Partnership, including the Long-Term Issuer
Default Rating (IDR) to 'BB+' from 'BBB-'. The Rating Outlook is
Negative.  

Fitch's rating action is based on CBL facing portfolio-level
operational stress, due primarily to a secular shift away from
apparel towards non-retail uses. Fitch believes this shift will
take several years to play out, putting pressure on the company's
cash flows and access to capital.

The Negative Outlook reflects the uncertainty as to whether the
company's operating challenges will deepen and the nature and
timing of the company's response to these challenges, such as how
it will reduce leverage and access the debt capital markets.

KEY RATING DRIVERS

The downgrade of the IDR to 'BB+' reflects Fitch's view that the
company's property-level fundamentals will continue to be pressured
by retailer operating weakness, which will challenge the company to
sustain investment-grade metrics and access to capital. The
company's capital access is already weaker than most
investment-grade REITs, and Fitch expects such weakness will
persist for the foreseeable future. Further, the leverageability of
the company's unencumbered pool via the mortgage market is
uncertain, calling into question the contingent liquidity of the
company's portfolio. Fitch previously noted that a lack of
improvement in capital access and sustained deterioration in
operating fundamentals could lead to negative rating action.

The company also has relatively weak unencumbered asset coverage of
unsecured debt, particularly given that Tier 2 assets comprise
approximately 50% of the consolidated unencumbered pool. In
addition, property-level performance has been declining, with
worsening yoy occupancies, same store net operating income (SSNOI)
and tenant sales per square foot, due primarily to inline tenant
bankruptcies and a more challenging leasing environment. Fitch
believes that portfolio operating metrics will be flat to down over
the projection period.

These factors are balanced by Fitch's expectation of leverage and
fixed-charge coverage metrics that are good for the 'BB+' rating.
Further, while 'B' malls are less financeable in the mortgage
market than most traditional real estate assets, they are
considerably more financeable than niche asset classes such as
casinos, data centers and hospitals.

Fitch also views positively the company's recent access to the
unsecured bond market to further unencumber the portfolio, although
reduced mortgage availability for less productive retail assets
limits secured capital access, reducing contingent liquidity via
the company's unencumbered pool. Market sentiment across most
capital providers for 'B' malls has eroded given the challenges in
ascertaining the long-term productivity and financeability of this
asset class. In addition, the company's dividend reduction allows
it to retain approximately an additional $50 million annually,
enabling it to deploy those funds towards redevelopment costs.

Property-Level Fundamentals Weaken: Fitch expects flat to negative
same-center NOI growth during the projection period. The company's
operating performance has been affected by negative retailer
trends, in particular tenant bankruptcies and store closures. For
the LTM ended Sept. 30, 2017, the company's stabilized mall
same-center tenant sales per square foot was $373, down from $380 a
year earlier, yoy stabilized mall occupancy declined approximately
80bps to 91.7% and same-center NOI declined 1.6% for the nine
months ended Sept. 30, 2017. Of particular concern was the negative
16.1% renewal leasing spread for third quarter 2017 (3Q17), which
likely presages future same-property NOI declines. Fitch expects
continued softness in operating metrics as the company backfills
vacant space, offset by negative leasing spreads for in-place
tenants.

Evolving Access to Capital: Fitch views CBL's access to most forms
of debt and equity capital to be more consistent with
below-investment-grade REITs, and it has weakened since Fitch
initiated the ratings. Mortgage availability for 'B' malls is less
plentiful and more discriminating than in prior years and has
weakened over the last year, and Fitch expect continued negative
sentiment given soft property-level fundamentals. Similarly, Fitch
views CBL's access to non-bank unsecured debt capital as weak
compared to peers when measured by bond issuance spreads,
attributable to its asset class and market sentiment around
less-productive malls. CBL's ability and willingness to issue
unsecured debt in September 2017 was a credit positive on the
margin. However, the widening in spreads for CBL's issuances
juxtaposed against tightening spreads for the broader REIT bond
market may reflect deteriorating capital markets access.

Liquidity is not a concern given manageable unsecured debt
maturities over the next few years and increased retained cash flow
given the recent dividend reduction that should enable the company
to retain $50 million annually of cash flow; however, access to
attractively priced debt and equity capital is a key rating
consideration for REITs in light of their dividend distribution
requirements.

CBL's common equity is trading at over a 60% discount to consensus
net asset value, the largest discount in Fitch's rated universe
(the REIT index is at a 3% discount). Fitch attributes the discount
to the wide bid-ask spread for 'B' malls generally, as the market
struggles to ascertain the long-term viability and value of less
productive malls. By extension, thinner investor demand and reduced
mortgage availability for 'B' malls limits the extent to which CBL
can raise equity through asset sales.

Adequate Leverage And Coverage: Fitch expects that leverage will
sustain in the mid-to-high 6.0x range, driven by (re)development
NOI coming on line and asset give-backs to lenders, along with
modestly negative single-digit SSNOI growth over the projection
period. CBL's LTM leverage was in the high-6.0x vicinity at Sept.
30, 2017, up slightly from Dec. 31, 2016 and 2015. When treating
50% of CBL's preferred stock as debt, leverage would be
approximately 0.5x higher.

Fitch expects fixed-charge coverage to remain relatively unchanged
from around the low-2.0x area for the TTM ended Sept. 30, 2017;
this level is appropriate for the rating.

Low Unencumbered Asset Coverage of Unsecured Debt: Sept. 30, 2017
unencumbered asset coverage of unsecured debt was 1.7x when
applying a stressed 9.0% capitalization rate to consolidated
unencumbered NOI. This ratio is appropriate for the 'BB+' rating,
and is driven in part by approximately 50% of the company's
consolidated unencumbered NOI being derived from Tier 2 malls whose
tenants generate only $326 of sales per square foot. Secured debt
financing for less productive malls has become less plentiful,
calling into question the depth of contingent liquidity provided by
the company's unencumbered pool. Coverage would be only 0.6x when
giving credit only to Tier 1 consolidated unencumbered assets,
whose tenants generated $402 of sales per square foot.

RECOVERY RATINGS
In accordance with Fitch's Recovery Rating (RR) methodology, Fitch
provides RRs for issuers with IDRs in the 'BB' category. The 'RR4'
for CBL's senior unsecured debt supports a rating of 'BB+', the
same as CBL's IDR, and reflects average recovery prospects in a
distressed scenario. The 'RR6' for CBL's preferred stock supports a
rating of 'BB-', two notches below CBL's IDR, and reflects weak
recovery prospects in a distressed scenario.

DERIVATION SUMMARY

Relative to the broader mall REIT sector, CBL's levels of
occupancy, SSNOI growth, leasing spreads and tenant quality are
slightly weaker than B-mall peer Washington Prime (WPG;
BBB-/Negative) and weaker than Simon Property Group (SPG;
A/Stable). In addition, Fitch expects CBL's leverage to sustain at
slightly higher levels than WPG. Relative to the broader retail
REIT peer set, the company has weaker access to capital, given its
significant equity trading discount to NAV and wide spreads at
which its bonds trade. Further, secured lender sentiment for the
'B' mall asset class has declined to a level that Fitch believes is
below that of many other retail commercial real estate asset
classes.

Fitch links and synchronizes the IDRs of the parent REIT and
subsidiary operating partnership, since the entities operate as a
single, connected enterprise with strong legal, financial, and
operational ties.

KEY ASSUMPTIONS

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

-- Annual SSNOI growth of between -2.5%-0% for 2017-2019;
-- Annual development/redevelopment spend of $175 million-$250
    million for 2017-2019. The weighted average initial yield
    on cost for projects coming online is approximately 8%;
-- Total non-core asset sales of approximately $575 million;
-- Deed-in-lieu of foreclosure transactions of approximately
    $200 million;
-- Annual recurring capital expenditures of $120 million;
-- Total bond issuance of $900 million for 2017-2019.

RATING SENSITIVITIES

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

-- Improved capital markets sentiment regarding 'B' malls,
    specifically enhanced insurance company mortgage lending
    to the sector, bond issuance pricing closer to investment-
    grade peers, or a lower NAV discount for the company's
    common stock which may result in the company raising equity;
-- Sustained improvement in operating performance as measure by
    SSNOI;
-- Fitch's expectation of leverage sustaining below 5.5x;
-- Fitch's expectation of unencumbered assets coverage of
    unsecured debt exceeding 2.0x
-- Fitch's expectation of fixed-charge coverage sustaining above
    2.0x.

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

-- Sustained deterioration in operating fundamentals or asset
    quality (e.g. sustained negative SSNOI results or negative
    leasing spreads);
-- Fitch's expectation of leverage sustaining above 6.5x;
-- Fitch's expectation of fixed-charge coverage sustaining below
    1.5x;
-- Reduced financial flexibility stemming from significant
    utilization of lines of credit;
-- Failure to maintain unencumbered asset coverage of unsecured
    debt (based on a stressed 9% cap rate) above 1.75x.

LIQUIDITY

CBL's base case liquidity coverage ratio of 1.4x through the end of
2019 is good for the rating and is driven primarily by limited
near-term debt maturities and good availability under its unsecured
line of credit. Fitch defines liquidity coverage as sources of
liquidity divided by uses of liquidity. Sources of liquidity
include unrestricted cash, availability under unsecured revolving
credit facilities, and retained cash flow from operating activities
after dividends. Uses of liquidity include pro rata debt
maturities, expected recurring capital expenditures and remaining
(re)development costs.

As of Sept. 30, 2017, the company had $31.4 million of cash and
equivalents and $1.1 billion revolver availability (consisting of
three separate facilities) with aggregate outstanding borrowings of
$80 million. The revolvers mature in 2019/2020 with a company
option to extend those maturing in 2019 to October 2020.

FULL LIST OF RATING ACTIONS

Fitch has downgraded the following ratings:

CBL & Associates Properties, Inc.

-- Long-Term IDR to 'BB+' from 'BBB-'
-- Preferred stock to 'BB-/RR6' from 'BB'.

CBL & Associates Limited Partnership
-- Long-Term IDR to 'BB+' from 'BBB-'
-- Senior unsecured lines of credit to 'BB+/RR4' from 'BBB-';
-- Senior unsecured term loans to 'BB+' /RR4 from 'BBB-';
-- Senior unsecured notes to 'BB+' /RR4 from 'BBB-'.

The Rating Outlook is Negative.


CECIL BANCORP: Reorganization Plan Declared Effective
-----------------------------------------------------
BankruptcyData.com reported that Cecil Bancorp's Plan of
Reorganization became effective on October 26, 2017, and the
Company emerged from Chapter 11 protection.  The U.S. Bankruptcy
Court confirmed the Plan on October 11, 2017. BankruptcyData's Plan
Summary notes, "As part of the Plan confirmation process, the
Debtor will conduct an auction of its stock in the Bank in
accordance with proposed bidding procedures to determine if there
are any higher and better bids for the Bank stock that will yield a
greater return for the TruPS Claims.  The Plan will cancel the
existing common stock in the Debtor in accordance with the closing
process set forth in the Plan.  The Debtor will redeem and convert
certain preferred stock and associated warrants, issued by the
Debtor to the Department of the Treasury as part of the Capital
Purchase Program, to common stock.  Treasury will sell that common
stock to the new investors for $880,000. While the Debtor
anticipates that Treasury will vote in favor of the Plan and
participate in the transfer and sale contemplated by the Plan,
Treasury has not agreed to do so and has taken no position on the
Plan to date."  BankruptcyData's Plan Summary continues, "TARP
Interest Holders will exchange its TARP Interests for the Exchange
Shares and will immediately thereafter sell the Exchange Shares for
a cash purchase price of $880,000 in full and final satisfaction,
settlement, release, and discharge of, and in exchange for, the
Exchange Shares."

                    About Cecil Bancorp

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

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

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

The Hon. Robert A. Gordon oversees the case.

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



CENTRAL GROCERS: Seeks Approval to Expand Scope of RSM Services
---------------------------------------------------------------
Central Grocers, Inc. has filed an amended application seeking
court approval to expand the scope of services of RSM US LLP.

In its application, the Debtor asks the U.S. Bankruptcy Court for
the Northern District of Illinois to authorize the firm to provide
additional services related to the audit of its retirement plans.

Specifically, the firm will:

     (i) audit the financial statements of Central Grocers, Inc.
         Collectively Bargained Retirement Savings Plan, and the
         Employees' Profit Sharing and Savings Plan; and

   (ii) determine whether the supplemental schedules required by
        the Department of Labor's Rules and Regulations for
        Reporting and Disclosure under the Employee Retirement
        Income Security Act of 1974 are fairly stated for each
        retirement plan.

RSM US will be paid up to $15,750 for the audit of each retirement
plan for a total of $31,500.

The Debtor initially hired the firm to provide typical tax advisory
services.

                     About Central Grocers

Joliet, Illinois-based Central Grocers, Inc. --
http://www.central-grocers.com/-- is a supplier to independent
grocery stores in the Midwestern United States.  Formed in 1917,
Central Grocers is organized as a retail cooperative (co-op) owned
by the independent supermarket retailers that it supplies.

Central Grocers is the seventh largest grocery cooperative in the
United States. It supplies over 400 stores in the Chicago area with
groceries, produce, fresh meat, service deli items, frozen foods,
ice cream and exclusively the Centrella Brand distributor.  Sales
have grown to $2 billion per year over the past 94 years.

Central Grocers and its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Del. Case Nos. 17-10992 to
17-11003) between May 2 and May 4, 2017. Central Grocers estimated
$100 million to $500 million in assets and liabilities.  The
petitions were signed by Donald E. Harer, chief restructuring
officer.

Prior to the Chapter 11 filing, certain creditors of CGI filed an
involuntary case against the company under Chapter 7.  The case was
filed in the U.S. Bankruptcy Court for the Northern District of
Illinois on May 2, 2017.

On June 13, 2017, the Chapter 11 cases were transferred to the
Illinois court, including CGI's case which was consolidated into
the involuntary Chapter 7 case pending before the Illinois court.

All the Chapter 11 cases are proceeding before the Illinois court,
and are being jointly administered under Case No. 17-13886 for
procedural purposes only.  CGI's petition date is May 2, 2017 while
the petition date for the other Debtors is May 4, 2017.

Judge Pamela S. Hollis presides over the cases.

Weil, Gotshal & Manges LLP serves as the Debtors' bankruptcy
counsel. The Debtors also hired Richards, Layton & Finger P.A. as
local counsel; McDonald Hopkins LLC as local counsel and conflicts
counsel; Lavelle Law, Ltd., as general corporate counsel; Conway
Mackenzie Inc. as chief restructuring officer; Peter J. Solomon
Company as investment banker; and Prime Clerk as claims and
noticing agent.  Meanwhile, HYPERAMS, LLC and Tiger Capital Group,
LLC, were employed as liquidation consultants.

An official committee of unsecured creditors was appointed by the
Office of the U.S trustee on May 15, 2017.  The committee retained
Kilpatrick Townsend & Stockton LLP as bankruptcy counsel; Saul
Ewing LLP as Delaware counsel; and FTI Consulting, Inc., as
financial advisor; and Reid Collins & Tsai LLP as special
litigation counsel.


CHINA FISHERY: Withdraws KEIP Motion, Seeks OK of Bonus Plan
------------------------------------------------------------
BankruptcyData.com reported that China Fishery Group's Chapter 11
trustee filed with the U.S. Bankruptcy Court a notice of withdrawal
of the previously-filed motion for approval of the Peruvian Opcos'
key employee incentive plan (KEIP) for certain senior management
employees.  The Chapter 11 trustee also filed with the Court a
motion (i) to approve the Peruvian Opcos' bonus plan and (ii)
taking all desirable or necessary corporate governance actions in
connection therewith.  The motion explains, "The proposed Bonus
Plan for the Senior Management Employees consists of a metric which
provides a cash payment based on the amount of aggregate Sale
Proceeds (the 'Sale Metric') realized in the CFG Peru Sale and the
proceeds from any Non-Core Asset Sales.  The Sale Metric is
designed to incentivize the Senior Management Employees to complete
any Non-Core Asset Sales and the CFG Peru Sale process in a manner
that maximizes the Sale Proceeds. Each Senior Management Employee
is eligible to receive an incentive payment of cash tied to the
Sale Metric (the 'Sale Incentive Payment'), the aggregate amount of
which, based on the Sale Proceeds, could range from $4 million (if
Sale Proceeds are $1.2 billion) to $10 million (if Sale Proceeds
are $1.7 billion). No payout will occur if the Sale Proceeds are
less than $1.2 billion."

The Court scheduled a November 16, 2017 hearing to consider the
bonus plan motion.

           About China Fishery Group Limited (Cayman)

China Fishery Group Limited (Cayman) and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Lead Case No. 16-11895) on June 30, 2016.  The petition was signed
by Ng Puay Yee, chief executive officer. The cases are assigned to
Judge James L. Garrity Jr.

At the time of the filing, China Fishery Group estimated its assets
at $500 million to $1 billion and debts at $10 million to $50
million.

Weil, Gotshal & Manges LLP has been tapped to serve as lead
bankruptcy counsel for China Fishery and its affiliates other than
CFG Peru Investments Pte. Limited (Singapore).  Weil Gotshal
replaces Meyer, Suozzi, English & Klein, P.C., the law firm
initially hired by the Debtors.  The Debtors have also tapped
Klestadt Winters Jureller Southard & Stevens, LLP as conflict
counsel; Goldin Associates, LLC, as financial advisor; RSR
Consulting LLC as restructuring consultant; and Epiq Bankruptcy
Solutions, LLC, as administrative agent.  Kwok Yih & Chan serves as
special counsel.

On Nov. 10, 2016, William Brandt, Jr., was appointed as Chapter 11
trustee for CFG Peru Investments Pte. Limited (Singapore), one of
the Debtors.  Skadden, Arps, Slate, Meagher & Flom LLP serves as
the trustee's bankruptcy counsel; Hogan Lovells US LLP serves as
special counsel; and Quinn Emanuel Urquhart & Sullivan, LLP, serves
as special litigation counsel.


CLASSIC DEVELOPMENTS: Wants Plan Filing Extended to April 10
------------------------------------------------------------
Classic Developments by JMG LLC asks the U.S. Bankruptcy Court for
the Eastern District of Louisiana to extend the exclusive period
for the Debtor to file a plan of reorganization by an additional
120 days or until April 10, 2018.

The Debtor says it can propose a feasible plan of reorganization
and a reasonable prospect exists that it can obtain confirmation of
a plan within a reasonable period of time.

The Debtor also relates that at present, its Exclusivity Period
will expire on Dec. 11, 2017.   Also, at present, the initial
statutory time period within which the Debtor is to file a plan of
reorganization will not expire, under the provisions of Section
1123(e)(2) of the Bankruptcy Code, until April 10, 2018.

The Debtor notes that its tract of residential property, including
the house located thereon, bearing municipal address 6872 Canal
Boulevard, New Orleans, Louisiana 70124, is currently leased to Ted
and Krystal Ginn, and is generating rental income for the Debtor.
Thus, by virtue of the Residential Lease, the Canal Property is
generating positive cash flow for the Debtor and the anticipated
and/or potential proceeds from an eventual sale of this property
may very well be sufficient to pay most, if not all, claims against
the estate.

Further, the Ginns, through their agent, have expressed an interest
in purchasing the property from the Debtor.  Since Mr. Ginn is
currently a player with the New Orleans Saints football team, and
has the financial means to pay $4,500 a month in rent, he more than
likely has the financial wherewithal to purchase the Canal Property
if he so desires.

The Debtor believes the Ginns will need until the end of the
current National Football League's season before a firm decision is
made as to whether they will purchase the Canal Property.
Moreover, sales of residential property tend to increase during the
spring-time season.

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

            http://bankrupt.com/misc/laeb17-11538-57.pdf

               About Classic Developments by JMG LLC

Classic Developments by JMG LLC filed a Chapter 11 bankruptcy
petition (Bankr. E.D.LA. Case No. 17-11538) on June 14, 2017.
Darryl T. Landwehr, Esq., at Landwehr Law Firm serves as bankruptcy
counsel.

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


COMBIMATRIX CORP: Invitae Issues Reminder Regarding Exchange Offer
------------------------------------------------------------------
Invitae Corporation issued a reminder to CombiMatrix Corporation
Series F warrant holders regarding the previously announced offer
to exchange each outstanding Series F warrant (CUSIP No. 20009T147)
to acquire one share of common stock of CombiMatrix Corporation for
0.3056 of a share of common stock, par value $0.0001 per share, of
Invitae.  All of the previously disclosed terms and conditions of
the Exchange Offer remain unchanged.

The Exchange Offer will expire at 12:00 midnight, New York City
time, at the end of Nov. 13, 2017 (i.e., one minute after 11:59
p.m., New York City time, on Nov. 13, 2017), unless extended.

Upon the terms and subject to the conditions set forth in Invitae's
prospectus/offer to exchange, dated Oct. 6, 2017, as supplemented
on Oct. 23, 2017, and the related Letter of Transmittal, Invitae is
offering to exchange, for each CombiMatrix Series F warrant validly
tendered and not withdrawn in the Exchange Offer, 0.3056 of a share
of Invitae Common Stock.  The Exchange Offer is being made by
Invitae in connection with an Agreement and Plan of Merger and
Reorganization dated July 31, 2017, pursuant to which Invitae will
acquire all of the capital stock of CombiMatrix, subject to certain
closing conditions.

For purposes of calculating and satisfying the condition in the
Merger Agreement that at least 90% of the CombiMatrix Series F
warrants outstanding immediately prior to the date of the Merger
Agreement shall have been validly tendered and not withdrawn prior
to the expiration of the Exchange Offer, which is a condition to
Invitae's obligation to consummate the Proposed Merger, Invitae
will also count towards such 90% requirement any and all
CombiMatrix Series F warrants that are validly exercised prior to
the expiration of the Exchange Offer (including, for this purpose,
such exercises as are made contingent solely upon a closing of the
Proposed Merger).  The Exchange Offer is also subject to the
satisfaction or waiver, in Invitae's sole discretion, of certain
conditions, as described in the Prospectus.

In the event the Exchange Offer and Proposed Merger are completed,
Invitae and CombiMatrix intend to make the appropriate filings to
delist any remaining unexchanged CombiMatrix Series F warrants from
trading on the NASDAQ Capital Market.  The ability to sell
unexchanged and unexercised CombiMatrix Series F warrants (which
will be converted into Invitae warrants if the Proposed Merger is
completed) will become limited and could cease to exist due to the
anticipated reduction in the amount of warrants outstanding upon
completion of the Exchange Offer and the intended delisting of the
warrants.

How to Tender Warrants

CombiMatrix Series F warrant holders can tender their CombiMatrix
Series F warrants by following the instructions provided in the
Prospectus and related Letter of Transmittal.  For CombiMatrix
Series F warrants that are held in "street name" through a broker,
dealer, commercial bank, trust company or other nominee, the
warrant holder should contact such broker or other nominee to
provide instructions to tender within the time period provided by
the broker or other nominee.  Any such broker or other nominee may
establish a deadline before the expiration of the Exchange Offer by
which a warrant holder must provide it with instructions.

How to Exercise Warrants

CombiMatrix Series F warrant holders can exercise their CombiMatrix
Series F warrants prior to expiration of the Exchange Offer by
following the procedure outlined in their Series F warrant.  For
CombiMatrix Series F warrants that are held in "street name"
through a broker, dealer, commercial bank, trust company or other
nominee, the warrant holder should contact such broker or other
nominee to provide instructions to exercise within the time period
provided by the broker or other nominee.  If a warrant holder
wishes to exercise such holder's CombiMatrix Series F warrants
contingent solely upon a closing of the Proposed Merger, such
holder must give such broker or other nominee instructions to
exercise such holder's warrants contingent solely upon a closing of
the Proposed Merger within a time period prior to the expiration of
the Exchange Offer provided by such holder’s broker or other
nominee.  Any such broker or other nominee may establish a deadline
before the expiration of the Exchange Offer by which a warrant
holder must provide it with instructions.

Requesting Information

This announcement does not contain the full terms and conditions of
the Exchange Offer.  The complete terms and conditions of the
Exchange Offer are set forth in the Prospectus and related Letter
of Transmittal that have been sent to holders of CombiMatrix Series
F warrants.  Copies of the Prospectus and Letter of Transmittal may
be obtained from the Information Agent for the Exchange Offer,
Advantage Proxy, Inc., at (877) 870-8565 (toll free) or (206)
870-8565 (collect).

                        About Invitae

Invitae Corporation (NYSE: NVTA) is genetic information company the
United States with a mission is to bring comprehensive genetic
information into mainstream medical practice to improve the quality
of healthcare for billions of people.  Invitae's goal is to
aggregate the world's genetic tests into a single service with
higher quality, faster turnaround time, and lower prices.  For more
information, visit our website at invitae.com.

                  About CombiMatrix Corporation

CombiMatrix Corporation -- http://www.combimatrix.com/-- provides
molecular diagnostic solutions and comprehensive clinical support
to foster the highest quality in patient care.  CombiMatrix
specializes in pre-implantation genetic diagnostics and screening,
prenatal diagnosis, miscarriage analysis and pediatric
developmental disorders, offering DNA-based testing for the
detection of genetic abnormalities beyond what can be identified
through traditional methodologies.  The Company's testing focuses
on advanced technologies, including single nucleotide polymorphism
chromosomal microarray analysis, next-generation sequencing,
fluorescent in situ hybridization and high resolution karyotyping.

CombiMatrix reported a net loss attributable to common stockholders
of $5.78 million for the year ended Dec. 31, 2016, a net loss of
$7.65 million in 2015, and a net loss of $8.70 million in 2014.
The Company had $7.73 million in total assets, $2.46 million in
total liabilities and $5.27 million in total stockholders' equity
as of Sept. 30, 2017.


COMMERCE PARTNERS: Case Summary & 7 Unsecured Creditors
-------------------------------------------------------
Debtor: Commerce Partners LLC
        5222 Utrecht Avenue, Suite 120
        Brooklyn, NY 11219

About the Business: Commerce Partners, LLC is a limited liability
                    company currently under contract to purchase a
                    real property located at 1800-1820 Chapel
                    Avenue West, Cherry Hill, New Jersey.  The
                    Property is currently owned by Cherry Hill
                    Commerce Center Associates L.P.  The Debtor
                    and the Seller entered into a Purchase and
                    Sale Agreement dated June 8, 2017, to sell the

                    Property to the Debtor for a purchase price of

                    $22,000,000 which agreement was amended on
                    July 6, 2017, pursuant to a First Amendment to

                    Purchase and Sale Agreement.  The agreement
                    terminated by its own terms on July 21, 2017,
                    but was subsequently reinstated and amended as

                    of Aug. 11, 2017, pursuant to a Reinstatement
                    and Second Amendment to Purchase and Sale
                    Agreement.  The Debtor's filing was
                    precipitated by its need for additional time
                    to consummate the Contract with the Seller.

Chapter 11 Petition Date: November 11, 2017

Case No.: 17-46010

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Judge: Hon. Elizabeth S. Stong

Debtor's Counsel: Arnold Mitchell Greene, Esq.
                  ROBINSON BROG LEINWAND GREENE
                  GENOVESE & GLUCK P.C.
                  875 Third Avenue, 9th Floor
                  New York, NY 10022
                  Tel: (212) 603-6399
                  Fax: (212) 956-2164
                  E-mail: amg@robinsonbrog.com

Total Assets: $22 million

Total Liabilities: $23.83 million

The petition was signed by Jacob Horowitz, sole member.

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

         http://bankrupt.com/misc/nyeb17-46010.pdf

Debtor's List of Seven Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Abraham Mordowitz                                         $35,000

Babad Mgt.                                                $50,000

Cherry Hill Com Ctr. Assoc.                           $22,000,000
c/o Schiff Hardin LLP
666 Fifth Avenue
Attn: Marina Rabinovich
New York, NY 10103

Cong. Kahal                                              $250,000
Minchas Chinuch
PO Box 040-313
Parkville Station
Brooklyn, NY 11204

EW 5-13 Trust                                            $490,000
c/o Jacob Horowitz
5222 Utrecht Avenue
Suite 120
Brooklyn, NY 11219

Greentree Properties                                   $1,000,000
1625 East 7th Street
Brooklyn, NY 11230

Jacob Horowitz                                            $10,000



COOPER COS: S&P Rates New $1.425BB Unsecured Term Loan 'BB+'
------------------------------------------------------------
S&P Global Ratings assigned its 'BB+' issue-level rating and '3'
recovery rating to Pleasanton, Calif.-based medical device
manufacturer Cooper Cos. Inc.'s $1.425 billion unsecured term loan.
The recovery rating on this debt is '3', reflecting S&P's
expectation for meaningful (50%-70%; rounded estimate: 50%)
recovery in the event of default. The company expects to use
proceeds to fund the $1.1 billion acquisition of Paragard (an
intrauterine device) from Teva Pharmaceutical Industries Ltd. and
for working capital and general corporate purposes.

S&P said, "Our 'BB+' corporate credit rating and stable outlook on
Cooper are not affected by the company's acquisition of Paragard
for $1.1 billion, despite the increase to our 2018 estimate of
adjusted net debt leverage to about 2.8x, from 2x. The rating is
supported by our expectation that the company will generate more
than $400 million in annual free cash flow and generally operate
with debt leverage between 2x-3x over the long term.

"Our issue level ratings of 'BB+' on the company's other unsecured
credit facilities and recovery rating of '3' are also unchanged.

"Although the acquisition modestly enhances Cooper's surgical
business segment and improves segment and product diversification,
it does not change our assessment of business risk as fair, given
the relatively modest revenues generated by Paragard (about $170
million in annual revenues). We continue to view the company's
product concentration in contact lenses (about 70% pro forma for
the transaction) and increasing competition in the contact lens
market as key credit factors constraining business risk and our
rating. Offsetting factors include diversity in the company's
contact lens product offerings, customer stickiness in the lens
business, above-average industry growth, geographic diversity, and
moderate revenue diversity from its women's health business, which
makes up the remaining 30% of sales (pro forma for the
transaction).

"The stable outlook on Cooper reflects our expectation for
mid-single-digit organic revenue growth, supplemented by a
generally moderate level of acquisition spending. It also reflects
our expectation for the company to generate good free cash flow and
maintain adjusted debt leverage generally in the range of 2x-3x
over the next two years.

RECOVERY ANALYSIS

Key analytical factors

Pro forma for the new term loan, the company's capital structure
consists of a $1 billion revolving credit facility, $830 million
term loan maturing in 2021 and the $1.425 billion term loan
maturing in 2022, all unsecured and pari passu. The company also
has about $90 million of facilities in other currencies issued at
foreign subsidiaries, which S&P views as structurally senior, with
regard to the value at those subsidiaries.

S&P said, "Our simulated default scenario contemplates a default in
2021, stemming from a combination of unanticipated operational
challenges, and intensified competition among competitors.

"We assume the revolver is 85% drawn at default, and about a
200-basis-point increase in borrowing costs resulting from LIBOR
and margin increases stemming from covenant violations.

"We have valued the company on a going-concern basis using a 6x
multiple of our projected emergence-level EBITDA, consistent with
our treatment of similar peers."

Simulated default assumptions

-- Simulated year of default: 2021
-- EBITDA at emergence: $312 mil.
-- EBITDA multiple: 6x

Simplified waterfall

-- Net enterprise value (after 5% admin. costs): $1,718 mil.
-- Priority claims: $79 mil.
-- Unsecured creditors:  $3,172 mil.
    --Recovery expectations: 50%-70%; rounded estimate: 50%
*All debt amounts include six months of prepetition interest.

RATINGS LIST
  Cooper Cos. Inc.
   Corporate Credit Rating     BB+/Stable/--

  New Rating

  Cooper Cos. Inc.
   Senior Unsecured
    $1.425 Bil. Term Loan      BB+
     Recovery Rating           3 (50%)


CORBETT-FRAME INC: Renews Request to Use Cash for November 2017
---------------------------------------------------------------
Corbett-Frame, Inc., filed an amended motion, asking the U.S.
Bankruptcy Court for the Eastern District of Kentucky for authority
to use cash collateral as set forth on the budget, on an extended
basis through Nov. 30, 2017.

The Debtor requires extended use of cash collateral which is
necessary to ensure continued going-concern operations and in order
to protect and preserve the value of the Debtor's assets and
ongoing operations.  The proposed budget provides total operating
expenses of $70,244 for the month of November 2017.

The Debtor proposes to provide Cash Collateral Creditors with the
same adequate protection as provided in previous orders.  Moreover,
the Debtor is proposing to pay David Yurman an adequate protection
payment of $10,434, provided that David Yurman permits the Debtor
to do special orders on prepayment subject to a $200,000 cap.

The Debtor tells the Court that it has not previously provided any
adequate protection payments to David Yurman, so the size of the
payment is appropriate considering no other payments have been made
and with the payment being conditioned on Debtor's ability to do
special orders with this popular brand. The Debtor believes that
the special orders will enhance its cash flow, considering that the
brand of David Yurman is very popular in general and especially
during the holiday season.

The Debtor further requests that any payment made to David Yurman,
as approved by the Court:

     (a) will not be stayed, restrained, voided, voidable or
recoverable under the Bankruptcy Code or under any applicable
non-bankruptcy law, or subject to any defense, reduction, setoff,
recoupment or counterclaim;

     (b) will not be subject to challenge including under sections
510, 546, 549 or 550 of the Bankruptcy Code; and

     (c) will be valid and enforceable against all parties in
interest, any trustee appointed in the chapter 11 case, upon the
conversion of the chapter 11 case to a case under chapter 7 of the
Bankruptcy Code, or in any other proceedings related to any of the
foregoing, or upon the dismissal of the chapter 11 case

A full-text copy of the Debtor's Motion, dated Nov. 7, 2017, is
available at https://is.gd/0uarjI

A copy of the Debtor's Budget is available at https://is.gd/avq3YY


                      About Corbett-Frame

Corbett-Frame, Inc., d/b/a Corbett-Frame Jewelers, owns a jewelry
store in Lexington, Kentucky, offering contemporary designer
collections & customized pieces.  The Company is a small business
debtor as defined in 11 U.S.C. Section 101(51D).

Corbett-Frame filed a Chapter 11 petition (Bankr. E.D. Ky. Case No.
17-51607) on Aug. 9, 2017.  Jennifer Lykins, its president, signed
the petition.  At the time of filing, the Debtor estimated its
assets and liabilities at between $1 million and $10 million.  The
case is assigned to Judge Gregory R. Schaaf.  The Debtor is
represented by Jamie L. Harris, Esq., at the Delcotto Law Group
PLLC.

No trustee or examiner has been appointed in this Chapter 11 case,
and no creditors' committee or other official committee has been
appointed.


CORE SUPPLEMENT: Renews Request for Approval on Cash Collateral Use
-------------------------------------------------------------------
Core Supplement Technology, Inc., filed an amended first day motion
with the U.S. Bankruptcy Court for the Southern District of
California seeking authorization to use cash collateral subject to
variances of 10%, as well as, approving its use of its inventory
pending final hearing.

The proposed budget provides total estimated monthly cost of
approximately $433,633.

On Nov. 2, the Court held a hearing to consider the cash collateral
stipulation and set a hearing for further hearing on Nov. 8, 2017.
On Nov. 2, 2017, the Court also entered an interim order allowing
the Debtor to use cash collateral to the extent necessary to avoid
immediate and irreparable damage to the business.

Subsequently the Debtor, Bank of America, N.A. and Banc of America
Leasing & Capital, LLC, and the U.S. Trustee stipulated to a
continuance of the Nov. 8 hearing to Nov. 29, 2017 at 10:00 a.m.

As of the Petition Date, the Debtor was indebted to Bank of
America, N.A., in an amount not less than $1,475,089.  By virtue of
the foregoing, the Bank of America, holds a first priority lien on
substantially 18 all assets of the Debtor.  The Debtor is also
indebted to Banc of America Leasing & Capital, LLC Leasing in an
amount not less than $326,066, as of the Petition Date.
Consequently, Banc of America Leasing & Capital holds a first
priority lien on certain equipment and related items as more
particularly described in the Loan Documents.

The Debtor has requested, and Bank of America has consented to, the
Debtor's use of cash collateral solely for the purposes and in the
total amounts set forth in the Budget from the date of the
Stipulation through Dec. 29, 2017, subject to Court approval.

The Debtor acknowledges and agrees to the following:

   (a) The Prepetition Indebtedness constitutes an allowed claim
under the Bankruptcy Code.

   (b) The Prepetition Bank Indebtedness is secured by a valid,
perfected and indefeasible first priority security interest in the
Prepetition Bank Collateral.

   (c) The Prepetition Lease Indebtedness is secured by a valid,
perfected and indefeasible first priority security interest in the
Prepetition Lease Collateral.

The Debtor proposes make monthly payments to Bank of America in the
amount of $5,837 and to Bane of America Leasing in the aggregate
amount of $6,630 with such payments to be made commencing on Nov.
1, 2017 and each successive month.

In addition, Bank of America will be granted a replacement lien on
the rents, proceeds and profits of the Prepetition Collateral, with
such Replacement Lien being a perfected security interest in and to
the Postpetition Collateral having the same extent, validity and
priority Secured Party had in the Prepetition Collateral on the
Petition Date.

If the protection granted is insufficient to satisfy in full the
claims of Bank of America, the Debtor will grant Bank of America an
allowed claim, in the amount of any such insufficiency.  The claim
will have the super-priority provided by Section 507(b) of the
Bankruptcy Code.  Moreover, the Debtor:

      (a) Will permit Secured Party and its agents to have access
to inspect the Prepetition Collateral;

      (b) Will keep the Prepetition Collateral insured as required
by the Loan Documents and United States Trustee Guidelines;

      (c) Debtor will continue to provide reporting as required
under the Loan Documents; and

      (d) Debtor will provide reporting on a monthly basis
commencing on November 10, 2017 for the preceding month and on the
10th day of each successive month for each preceding month
containing at least the following information:

          (i) gross monthly revenues;

         (ii) accounts receivable;

        (iii) monthly expenses by line-item; and

         (iv) a variance report reflecting a line-item comparison
of actual revenues against projected revenues and actual expenses
against budgeted expenses.

A full-text copy of the Debtor's Motion, dated November 7, 2017, is
available at https://is.gd/kB2K3K

                About Core Supplement Technology

Core Supplement Technology, Inc. --
http://www.coresupplementtech.com/-- partners with various
companies and professionals to develop and sell advanced
supplements, from formulation, flavoring, manufacturing to delivery
and brand-support.  Core's manufacturing facility is headquartered
on the West Coast in Oceanside, California, providing
state-of-the-art FDA compliant, NSF & cGMP certified turnkey
supplement manufacturing.  The brands the Company works with range
from small start-ups to nationally and internationally known
brands.  Core's clients include nutritionists, doctors, trainers,
competitors, as well as supplement & nutraceutical companies.

Core Supplement Technology is operating at 4645 to 4665 North
Avenue, Oceanside California.  It is a California corporation owned
50% by Joseph O'Dea and 50% by three other shareholders, Robert
Bailly, Harry Kumjian and Andrea Kumjian.

Core Supplement Technology filed a Chapter 11 petition (Bankr. S.D.
Cal. Case No. 17-06078) on Oct. 3, 2017.  The petition was signed
by Joseph Odea, president.  At the time of filing, the Debtor had
total assets of $2.82 million and total liabilities of $5.60
million.

The case is assigned to Judge Margaret M. Mann.

Stephen C. Hinze, Attorney at Law APC, is counsel to the Debtor.

No creditors committee has yet been appointed in the case.


DAVID EVERRITT: Selling Pensacola Property for $150K to Pay Synovus
-------------------------------------------------------------------
David Aldean Everritt asks the U.S. Bankruptcy Court for the
Northern District of Florida to authorize the sale of real property
located at 911 North Devilliers Street, Pensacola, Florida to North
Hill Properties, LLC for $150,000.

The Property is subject to a mortgage held by Synovus Bank, with a
debt owed in the amount of approximately $l83,906.  On Jan. 26,
2017, Synovus Bank filed a Motion for Relief from Stay, as amended.
On May 18, 2017, the Court entered in its Consent Order
Conditionally Denying Synovus Bank's Motion for Relief from the
Automatic Stay.  The Consent Order provided that Synovus will
accept the total sum of $150,000 ("911 release amount") to release
the Property from the lien of its mortgage in the event the Debtor
is able to refinance the Property no later than six months from the
date of the entry of the Order.  The 911 release amount is the
appraised market value of the Property.

The Debtor has found a lender, John Baker, who has agreed to loan
the funds necessary to pay the sum of $150,000 to Synovus Bank, and
additional funds necessary to cover closing costs related to the
transaction.  In order to complete the transaction, the lender is
requiring the Debtor to transfer the Property into an LLC which
would then become the borrower on the loan.

Pursuant to the Consent Order, if the Debtor did not locate a
lender to pay Synovus Bank $150,000 within six months, Synovus Bank
would be entitled to automatic relief from the stay to complete its
pending foreclosure of the Property.  The Debtor is proposing a
sale of the Property to its LLC, North Hill, which will hold title
to the Property.

The Debtor believes that the transfer of the Property to North Hill
simultaneous with a payoff to Synovus Bank on the secured portion
of its claim, is in the best interest of the estate, or at least,
will not adversely affect the estate since, the alternative would
be that the Property would transfer to Synovus Bank or be
foreclosed.  Synovus Bank has consented to the relief requested in
the Motion.

Synovus can be reached at:

          SYNOVUS BANK
          c/o Philip A. Bates, P.A.
          P.O. Box 1390
          Pensacola, FL 32591-1390

David Aldean Everritt sought Chapter 11 protection (Bankr.  N.D.
Fla. Case No. 16-30531) on June 6, 2016.  The Debtor tapped J.
Steven Ford, Esq., at Wilson, Harrell, Farrington, as counsel.


DAVID'S BRIDAL: Bank Debt Trades at 18.1% Off
---------------------------------------------
Participations in a syndicated loan under David's Bridal Inc is a
borrower traded in the secondary market at 81.90
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 2.34 percentage points from the
previous week.  David's Bridal Inc pays 375 basis points above
LIBOR to borrow under the $520 million facility. The bank loan
matures on October 11, 2019 and carries Moody's Caa1 rating and
Standard & Poor's CCC+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended November
3.


DAWSON OIL: Needs More Time to File Plan, Complete Claims Analysis
------------------------------------------------------------------
FOC, Inc., RLP, LLC, FTI, Inc., FER, Inc., Dawson Oil Company, LLC,
and CEF Energy, LLC, ask the U.S. Bankruptcy Court for the Northern
District of Iowa to extend their deadline to:

     -- file a Chapter 11 plan to Jan. 15, 2018, and

     -- solicit acceptances of the plan to Feb. 15, 2018.

The period of time set aside as the exclusive period in which the
Debtors are the only parties authorized to file a plan will expire
on Dec. 21, 2017, unless either the Debtors file a plan, or the
Bankruptcy Court extends the plan filing deadline.  The deadline to
obtain acceptance of a plan filed on or before Dec. 21 is Feb. 21,
2018, unless a plan is accepted by each class of claims and
interests impaired under the plan by that date, or the Court
extends the exclusive solicitation period.

As reported by the Troubled Company Reporter on Oct. 12, 2017,
Dawson Oil Company and CEF Energy requested the Court to further
extend the periods within which both Debtors have the exclusive
right to file a Chapter 11 Plan and solicit acceptances of a filed
plan to Dec. 21 and Feb. 21, respectively.  Dawson Oil and CEF
Energy filed their Chapter 11 petitions on June 8, 2017.

On Oct. 30, 2017, the Court entered an order granting Debtors'
second motion to extend exclusivity periods for filing a Chapter 11
Plan and for solicitation of acceptances.  The second extension
court order extended the deadlines provided in Section 1121 "to
Nov. 22, 2017, for filing a Chapter 11 plan and to Jan. 22, 2018,
to solicit acceptances of such plan."  The second extension order
further provides that "if the Debtor files a third motion to extend
such deadlines by Nov. 15, 2017, then the deadlines set forth in
this Order shall automatically be extended until the Court acts on
such third motion, without the necessity for the entry of a bridge
order."

Dawson Oil and CEF Energy relate that since they first sought the
exclusivity extension, the Debtors have successfully negotiated the
sale of substantially all of the assets of debtors Fauser Oil and
Ron's L.P.  The sale received court approval by order dated Sept.
19, 2017, and closed on Sept. 29.

The Debtors closed on the sale of their primary business assets on
Sept. 29, and completed the working capital reconciliation on Oct.
30.  The Debtors relate that they have limited staff and resources.
Throughout October, the Debtors worked toward completing a claims
reconciliation and in the first two weeks of November, the Debtors
filed objections to well over 100 claims.  The Debtors are working
toward filing an interim distribution motion with the hopes of
paying all priority and employee claims in the amounts that the
Debtors have asserted are due before the end of 2017, as well as
making a significant distribution to unsecured creditors at the
same time.

The Debtors anticipate that the majority of their creditors' claims
will be paid from the sale proceeds.  However, the Debtors contend
they need more time to complete their claims analysis and to
determine the disposition of the remaining assets of their
estates.

The Debtors will be filing a fraudulent transfer complaint in the
coming weeks and will turn to focusing on preparing a draft of the
Plan and Disclosure Statement.

A copy of the Debtors' request are available at:

           http://bankrupt.com/misc/ianb17-00466-459.pdf

                       About Fauser Oil Co.
                Dawson Oil Company, and CEF Energy

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

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

Dawson Oil Company and CEF Energy filed separate Chapter 11
petitions on June 8, 2017.

Paul Fauser, the Debtors' president, signed the petitions.  On July
7, 2017, the Court entered an order jointly administering all of
the Debtors' cases.

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

Judge Thad J. Collins presides over the case.

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

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

                            *     *     *

The sale of substantially all of the assets of debtors Fauser Oil
and Ron's L.P. received court approval by order dated Sept. 19,
2017, and closed on Sept. 29.


DEAN FOODS: S&P Lowers Corp. Credit Rating to 'BB-', Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on
Dallas-based Dean Foods Co. to 'BB-' from 'BB'. The outlook is
stable.

S&P said, "At the same time, we lowered the issue-level rating on
its $450 million revolving facility to 'BB+' from 'BBB-'. The
recovery rating remains '1', indicating our expectation for very
high (90%-100%; rounded estimate: 95%) recovery in the event of
payment default.

"We also lowered the issue-level rating on the $700 million
unsecured notes to 'BB-' from 'BB'. The recovery rating remains
'3', indicating our expectation for meaningful (50%-70%; rounded
estimate: 55%) recovery in the event of payment default."
As of Sept. 30, 2017, Dean Foods had approximately $946.5 million
reported debt outstanding.

The downgrade reflects Dean Foods accelerating volume declines,
which have resulted from ongoing negative consumption trends in
fluid milk as well as increased promotional pricing pressure from
grocers resulting in lower fixed-cost absorption. This has caused
adjusted debt to EBITDA to rise to 3.3x as of Sept. 30, 2017.  

S&P said, "Moreover, we believe these industry dynamics will
persist into 2018 making it unlikely the company will be able to
reduce leverage to our prior expectations for the 'BB' rating
(which included debt to EBITDA below 3x), despite the likelihood of
the company accelerating cost cutting to right size its cost base.
The competitive landscape for many of its consumers is also
pressuring pricing and in turn margins. Large grocery chains, such
as Kroger and Wal-Mart, have increased promotional activity in
response to competitive pressures and are looking to lower priced
shopping cart staples, such as milk, to lure customers. Margin over
milk, which tracks the selling price of a gallon of milk above its
raw cost, decreased to an all-time low of $1.27 as of September and
highlights the more pronounced level of promotional price pressure
compared with previous promotional cycles. This has caused volumes
in Dean's Dairy Pure brand to decline as the company has chosen to
maintain pricing discipline instead of conceding pricing for higher
volumes, a strategy that we believe is rational and margin
protective over the longer-term but nonetheless exasperating
near-term volume declines."

S&P said, "The stable outlook reflects the expectation Dean Foods
will continue to implement necessary cost cutting measures to
combat continued fluid milk volume declines, which we expect will
continue through 2018 as Wal-Mart's milk processing plant comes on
line. This will enable the company to maintain debt to EBITDA
around 3.4x through the end of 2018.

"We could lower the ratings if industry dynamics such as sustained
promotional pricing pressures and/or further vertical integration
by Dean's customers result in worsening volume declines and pricing
concessions leading to a deterioration of Dean's competitive
position. We could also lower the ratings if debt to EBITDA were to
increase and be sustained above 4x, which could be the result of
revenues declining by roughly 6% while gross margins deteriorate by
50 bps.

"We could raise the ratings on Dean Foods if debt to EBITDA were to
drop and be sustained below 3x while the competitive pricing
pressure currently plaguing the U.S. fluid milk industry abate on a
sustained basis.  We believe leverage could fall back below 3x if
Dean reduces  its cost structure, most likely through further plant
closures, resulting in an annual increase in gross margins of
roughly 50 bps."


DEFINITIONS PRIVATE: Wants Plan Exclusivity Extended Until Jan. 2
-----------------------------------------------------------------
Definitions Private Training Gyms, Inc. requests the U.S.
Bankruptcy Court for the Southern District of New York to preserve
its exclusive right to file a plan of reorganization to and
including January 2, 2018.

Without an extension, the current Plan exclusivity period expires
on November 30, 2017.

This is the Debtor's second request for an extension of the
Exclusivity Period.

The Debtor previously sought exclusivity extension through January
25, 2018, however at a hearing held on September 21, the Court
granted an extension through November 30, without prejudice to seek
an additional extension of the Exclusivity Period.

The Debtor now seeks a second extension to and including January 2
to ensure that the Bankruptcy Court, the Debtor and other parties
in interest are not distracted by the filing of any competing or
premature plans.

The Debtor relates that, since the filing of the first exclusivity
motion, it has been solely focused on coming to terms with its
landlords to assume the Leases. The Debtor was able to come to
consensual terms with both of its landlords to allow for the
consensual assumption of the Leases, which the Court approved on
November 1, 2017. The Debtor contends that its operation from the
Leases forms the platform for the Debtor's reorganization.

Since then, the Debtor has begun the process reviewing the proofs
of claims that have been filed to date. Some of these claims need
to be reconciled before the Debtor files its plan. The Debtor
relates that it is also reaching out to certain of these claimants
to resolve any discrepancies between the filed proof of claim and
the Debtor's books and records.

Since the November 17 deadline for the filing of proofs of claim
has not yet passed, the Debtor anticipates that additional claim
may be filed, which the Debtor will need to review to formulate a
plan that the Court can find feasible and confirm.

Depending on the Debtor's ability to resolve these claims, the
Debtor may still be able to file a plan prior to the current
November 30 exclusivity deadline. However, in abundance of caution
and to preserve the Exclusivity Period, the Debtor submits that the
Exclusivity Period should be extended for an additional 30 days.

Ultimately, in order to file a feasible plan, the Debtor needs a
little more time to resolve these claims either consensually or by
preparing a claim objection. Upon review of all the claims and upon
reconciliation of those claims, the Debtor will then be in a better
position to fund a plan of reorganization.

In the meantime, the Debtor asserts that it is critical that the
Debtor maintain the exclusive right to file a plan, so that the
Debtor does not have to use estate resources in filing a plan that
may be premature.

The Court will hold a hearing on November 29 at 10:00 a.m. to
consider extending the Debtor's exclusive period to file a plan of
reorganization. Any objections are required to be filed and served
no later than seven days prior to the hearing date.

               About Definitions Private Training Gyms

Definitions Private Training Gyms, Inc. aka Definitions Funding
Inc. c/o PovoL And Co., operates a private training gym out of
leased premises located in New York.

The Debtor filed a petition under Chapter 11 of the Bankruptcy Code
(Bankr. S.D.N.Y. Case No. 17-10848) on March 31, 2017. The case is
assigned to Judge James L. Garrity Jr.

The Debtor estimated $500,000 to $1 million in assets and $1
million to $10 million in liabilities.

The Debtor tapped Arnold Mitchell Greene, Esq., at Robinson Brog
Leinwand Greene Genovese & Gluck, P.C., serves as bankruptcy
counsel.

The petition was signed by Joseph B. Barron, president.

No trustee, examiner or committee has been appointed in the
Debtor's Chapter 11 case.


ECLIPSE RESOURCES: Incurs $16.7 Million Net Loss in Third Quarter
-----------------------------------------------------------------
Eclipse Resources Corporation filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q reporting a
net loss of $16.69 million on $91.54 million of total revenues for
the three months ended Sept. 30, 2017, compared to a net loss of
$25.94 million on $54.47 million of total revenues for the three
months ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported net
income of $21.64 million on $279.60 million of total revenues
compared to a net loss of $144.64 million on $151.15 million of
total revenues for the same period during the prior year.

The Company's balance sheet at Sept. 30, 2017, showed $1.21 billion
in total assets, $627.21 million in total liabilities and $583.03
million in total stockholders' equity.

General and administrative expense was $11.3 million for the three
months ended Sept. 30, 2017, compared to $8.0 million for the three
months ended Sept. 30, 2016.  General and administrative expense
per Mcfe was $0.35 in the three months ended Sept. 30, 2017,
compared to $0.39 in the three months ended September 30, 2016.
The increase of $3.3 million during the three months ended Sept.
30, 2017, when compared to three months ended Sept. 30, 2016 was
primarily due to higher salaries and benefits associated with
increased headcount for the three months ended Sept. 30, 2017.  The
decrease of $0.04 per Mcfe is due to fixed costs being spread
across higher production as of September 30, 2017 as compared to
September 30, 2016. General and administrative expense includes
$2.4 million and $1.8 million of stock-based compensation expense
for the three months ended Sept. 30, 2017 and 2016, respectively.

Benjamin W. Hulburt, chairman, president and CEO, commented on the
Company's third quarter 2017 results, "Eclipse Resources has
continued to build on its strong track record and has delivered
another solid quarter.  We continue to challenge ourselves to
provide incremental enhancements to our drilling and completions
capabilities by embracing new technology and data applications
while striving for optimal performance throughout our processes,
from planning to implementation.  As of the end of the third
quarter, we had drilled eleven "super-lateral" wells with an
average lateral length of approximately 18,000 feet, averaging just
16 days from spud to total depth ("TD").  During the third quarter,
the Company drilled 10 gross (9.7 net) wells including four
"super-laterals" with an average lateral length of over 17,500
feet. Moving into the fourth quarter, we drilled our Mercury B5H,
setting a new lateral length record, located in the Utica
Condensate area.  This well was drilled with a lateral length of
approximately 20,800 feet in 13 days spud to TD with the lateral
itself drilled in only five days.

"On the completion side, we are in the process of completing our
"stacked pay" Stalder pad, which incorporates two Marcellus
Condensate wells and three Utica Dry Gas wells.  We expect that
this pad will begin to turn to sales in January 2018 and anticipate
that it will provide the Company with the data needed to further
validate our condensate rich Marcellus play footprint in eastern
Ohio.  Currently we have 16 wells with average lateral lengths of
14,500 (232,000 in total lateral footage) drilled but not
completed.  Two of these are Marcellus Condensate wells which are
currently completing, three are Utica Dry gas wells that are
waiting on plug drill out, while one Utica Dry and 10 Utica
Condensate wells are waiting on completion.  As our drilling
operations have generally been more efficient and faster than
expected, we are currently planning to mobilize a second completion
crew in the first quarter to reduce our drilled uncompleted well
inventory.

"Lastly and perhaps most excitingly, early in the fourth quarter,
we began turning to sales five wells in the Utica Condensate
portion of our acreage that included our Great Scott 3H (19,200
foot completed lateral) and Outlaw C11H (19,600 foot completed
lateral), along with three additional laterals averaging
approximately 10,300 feet in length.  The two record setting
"super-laterals" have reached an average per well 24-hour
production rate of approximately 3,300 Barrels of Oil Equivalent
("BOE") to date on a restricted choke, consisting of almost 50%
condensate and 68% in total liquids.  We estimate that our total
cost to drill and complete these two "super-lateral" wells
(including all construction and facility costs) was approximately
$750 per foot of lateral.  We are continuing to bring all five
wells up to what we believe to be a stabilized rate as the wells
continue to clean up.  To date, the five wells have reached a per
well average daily rate of 163 BOE per day per 1,000 foot of
lateral consisting of approximately 67% liquids.

"Concerning our previously announced drilling joint venture
commitment agreement, I am pleased to say that we believe we have
substantially completed the binding documents associated with the
joint venture with Sequel Energy and have commenced a preclearance
process related to the accounting treatment of the transaction with
the Securities and Exchange Commission ("SEC").  We hope to close
the transaction, pending final discussions with the SEC during the
next 30 days.  I believe that I speak for both Eclipse and Sequel
in saying that we are excited to begin this next step in growing
our production base to achieve ultimate scale in our model while
managing our business prudently in what continues to be a
constantly changing environment."

Third quarter 2017 capital expenditures were $104.5 million.  These
expenditures included $88.8 million for drilling and completions,
$2.7 million for midstream expenditures, $12.4 million for
land-related expenditures, and $0.6 million for corporate-related
expenditures.

During the third quarter of 2017, the Company commenced drilling 10
gross (9.7 net) operated Utica Shale wells.  In addition, the
Company commenced completions of 6 gross (6.0 net) operated wells
and turned to sales 2 gross (2.0 net) operated wells.  

As of Sept. 30, 2017, the Company's liquidity was $220.2 million,
consisting of $28.8 million in cash and cash equivalents and $191.4
million in available borrowing capacity under the Company's
revolving credit facility (after giving effect to outstanding
letters of credit issued by the Company of $33.6 million).

Matthew R. DeNezza, executive vice president and chief financial
officer, commented, "We believe our current liquidity position
coupled with the drilling joint venture agreement will allow us the
financial flexibility to navigate the current commodity price
volatility without adding stress to our balance sheet.  Assuming
the closing of our pending drilling joint venture is completed
before year-end, we would expect to receive a significant
reimbursement of the third and fourth quarter's drilling and
completion capital expenditures, and as such, we continue to
anticipate that we will end the full year 2017 with an undrawn
revolver."

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

                      https://is.gd/6aCZPt

                    About Eclipse Resources

State College, Pa.-based Eclipse Resources Corporation is an
independent exploration and production company engaged in the
acquisition and development of oil and natural gas properties in
the Appalachian Basin.  As of Dec. 31, 2015, the Company had
assembled an acreage position approximating 220,000 net acres in
Eastern Ohio.

Eclipse Resources reported a net loss of $203.8 million on $235.0
million of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of $971.4 million on $255.3 million of total
revenues for the year ended Dec. 31, 2015.

                           *    *    *

In June 2017, S&P Global Ratings raised its corporate credit rating
on Eclipse Resources Inc. to 'B-' from 'CCC+'.  The rating outlook
is stable.  "The rating action reflects our opinion that Eclipse's
leverage is now sustainable due to our increased production and
cash flow projections," said S&P Global Ratings credit analyst
Christine Besset.

In August 2017, Moody's Investors Service upgraded Eclipse
Resources Corp.'s Corporate Family Rating to 'B3' from 'Caa1'.
"The upgrade to B3 reflects Eclipse's reduced leverage resulting
from improved cash flow tied to strong production growth.
Eclipse's robust drilling program through 2018, supported by strong
commodity price hedging and willingness to periodically access
equity markets to term out debt, should allow Eclipse to remain on
a strong growth trajectory without stressing its balance sheet,"
noted John Thieroff, Moody's VP-senior analyst.


ECOARK HOLDINGS: Ex-IBM Executive Joins Board of Directors
----------------------------------------------------------
Ecoark Holdings, Inc.  announced that former IBM executive Michael
Green has joined the company's Board of Directors.  Green joins the
Board after an "impressive" career with IBM, where he was most
recently vice president for Strategic Services North America.

Green retired from IBM in 2015, with a career highlighted by
several leadership roles.  Green remained with IBM as a consultant
until April 2017 and, most recently, was involved with IBM's
blockchain initiative.  Blockchain has emerged as a key technology
for Ecoark subsidiary Zest Labs, with the company recently
announcing the availability of blockchain support at no additional
cost for growers and shippers in the fresh food supply chain using
the Zest Fresh solution.

"Michael's experience in spearheading strategic initiatives for one
of the world's most innovative companies will be an invaluable
resource for us as we launch our blockchain services," said Randy
May, CEO of Ecoark.  "As we work to create true transparency around
food freshness and safety factors through the integration of
blockchain technology and our ZIPR Code freshness metric, Michael's
expertise will be instrumental to our mission of modernizing the
fresh food supply chain."

Green brings extensive international and general management
experience from his career with IBM.  Prior to heading up strategic
services for IBM North America, he served as the general manager of
IBM North America's strategic outsourcing services, vice president
of healthcare and insurance for IBM global services, and vice
president of strategic service for Latin America, among other
roles.

"I am excited to join Ecoark's Board and lend my experience,
especially as the company continues to define the post-harvest
agriculture technology space and leverages blockchain,' said Green.
"There is a huge market opportunity for organizations looking to
improve the food supply chain, enhance agricultural efficiency and
yields, and reduce post-harvest waste.  Zest Labs is the only
organization directly addressing this challenge."

Green will fill the vacancy on the Board following the
previously-announced voluntary resignation of Charles Rateliff.

Mr. Green will be compensated in accordance with the Company's
standard cash and equity compensation arrangements for non-employee
directors.  Non-employee directors receive (i) quarterly grants of
unrestricted common stock valued at $25,000, and (ii) cash payments
of $1,500 for attendance at Board meetings and $1,000 for
attendance at committee meetings.

                    About Ecoark Holdings Inc.

Founded in 2011, Ecoark Holdings Inc. (to be renamed Zest
Technologies, Inc.) is an AgTech company modernizing the
post-harvest fresh food supply chain for a wide range of
organizations including growers, distributors and retailers.  The
company's Zest Fresh solution, a breakthrough approach to quality
management of post-harvest fresh food, is specifically designed to
help substantially reduce the $161 billion amount of food loss the
U.S. experiences each year.  Through item-level monitoring and
real-time predictive analytics, Zest Fresh enables customers to
improve the freshness and quality of produce, realize substantial
cost savings and reduce food waste.  For more information, please
visit the company's Web site at http://www.ecoarkusa.com

KBL, LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2016, citing that the Company has incurred substantial losses and
needs to obtain additional financing to continue the development of
their products.  The lack of profitable operations raises
substantial doubt about the Company's ability to continue as a
going concern.

Ecoark reported a net loss of $25.23 million in 2016 and a net loss
of $10.47 million in 2015.  As of Sept. 30, 2017, Ecoark Holdings
had $17.43 million in total assets, $3.40 million in total
liabilities and $14.02 million in total stockholders' equity.


ECOARK HOLDINGS: Reports $12 Million Net Loss for Second Quarter
----------------------------------------------------------------
Ecoark Holdings, Inc., reported a net loss of $11.96 million on
$1.90 million of revenues for the three months ended Sept. 30,
2017, compared to a net loss of $6.51 million on $3.88 million of
revenues for the three months ended Sept. 30, 2016.

For the six months ended Sept. 30, 2017, the Company reported a net
loss of $25.57 million on $4.41 million of revenues compared to a
net loss of $12.38 million on $6.28 million of revenues for the
same period during the prior year.

As of Sept. 30, 2017, Ecoark Holdings had $17.43 million in total
assets, $3.40 million in total liabilities and $14.02 million in
total stockholders' equity.

To date the Company has financed its operations through sales of
common stock and the issuance of debt.

At Sept. 30, 2017, and March 31, 2017, the Company had cash of
$8,316,000 and $8,648,000, respectively.  Working capital of
$9,655,000 at Sept. 30, 2017, compared unfavorably with working
capital of $11,144,000 at March 31, 2017.  The decrease in working
capital was principally due to net cash used in operating
activities of $10,451,000 amortization of prepaid expenses, and
reclassification of $600,000 of convertible notes from long-term to
current offset by the May 2017 issuance of common stock to
institutional investors for $9,106,000 net of expenses and the
$2,029,000 proceeds from the sale of Eco3d, offset by net operating
losses.  The Company is dependent upon raising additional capital
from future financing transactions until such time that cash flow
from operations is positive.  The Company disclosed its intention
to raise up to a cumulative amount of $80,000,000 pursuant to its
shelf registration filed with the SEC (approximately $23,000,000
has been raised with $57,000,000 remaining through August 2019).

Net cash used in operating activities was $10,451,000 in the six
months ended Sept. 30, 2017, as compared to net cash used in
operating activities of $7,623,000 in the same period in 2016. Cash
used in operating activities is related to the Company's net loss
partially offset by non-cash expenses, including share-based
compensation and depreciation, amortization and impairments.

Net cash provided by investing activities in the six months ended
Sept. 30, 2017, was $1,793,000 reflecting the $2,029,000 proceeds
from the sale of Eco3d, offset by $236,000 of capital expenditures.
In the six months ended Sept. 30, 2016, investing activities
consisted of $582,000 of capital expenditures (including $273,000
for discontinued operations), a $600,000 advance to Sable prior to
the acquisition and the purchase of $3,500,000 certificates of
deposit.

Net cash provided by financing activities in the six months ended
Sept. 30, 2017 was $8,326,000 as a result of the issuance of stock
for $9,106,000 net of expenses offset by the purchase of $780,000
treasury shares of common stock acquired from employees in lieu of
amounts required to satisfy minimum tax withholding requirements
upon vesting of the employees' stock.  In the six months ended
Sept. 30, 2016, $7,672,000 net cash was provided by financing
activities, notably $7,793,000 in proceeds from the issuance of
common stock net of fees offset by repayments of debt of $121,000.

At Sept. 30, 2017, $600,000 of Ecoark Holdings' convertible notes
payable are due in July 2018.  Future minimum lease payments
required under operating leases are as follows (by fiscal year):
2018 - $315,000 2019 - $578,000 2020 - $496,000 and 2021 -
$386,000.

According to the Form 10-Q, "Since our inception, the Company has
experienced negative cash flow from operations and may experience
significant negative cash flow from operations in the future.  We
will need to raise additional funds in the future to continue to
expand the Company's operations and meet its obligations.  The
inability to obtain additional capital may restrict our ability to
grow and may reduce the ability to continue to conduct business
operations as a going concern."

KBL, LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2016, citing that the Company has incurred substantial losses and
needs to obtain additional financing to continue the development of
their products.  The lack of profitable operations raises
substantial doubt about the Company's ability to continue as a
going concern.

Ecoark reported a net loss of $25.23 million in 2016 and a net loss
of $10.47 million in 2015.

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

                      https://is.gd/uPJOJ4

                     About Ecoark Holdings

Ecoark Holdings, Inc. -- http://www.ecoarkusa.com/-- is a Nevada
corporation incorporated on Nov. 19, 2007 that has developed over
the past three years through key acquisitions and organic growth.
Ecoark Holdings is an innovative, emerging growth company focused
on the development and deployment of business solutions and
products to the retail, agriculture, food service, commercial real
estate and architecture, engineering and construction end markets.
Ecoark Holdings operates through two wholly-owned operating
subsidiaries, Ecoark and Magnolia Solar.  Further, Ecoark has three
operating subsidiaries: Zest Labs, Eco3d and Pioneer Products.


EQUITY COMMONWEALTH: Moody's Hikes Preferred Stock Rating From Ba1
------------------------------------------------------------------
Moody's Investors Service has upgraded the senior unsecured rating
of Equity Commonwealth (EQC) to Baa2 from Baa3 and revised the
outlook to stable from positive. The ratings upgrade reflects the
office REIT's low leverage, as well its substantial portfolio
repositioning that will improve its long-term growth profile. The
stable outlook reflects our expectation that the REIT will retain a
strong balance sheet, even as it seeks strategic, large-scale
investment opportunities.

The following ratings were upgraded:

  Equity Commonwealth -- senior unsecured debt to Baa2
    from Baa3; preferred stock to Baa3 from Ba1

RATINGS RATIONALE

EQC's credit profile has continued to improve since the new
management team and Board of Trustees assumed control of the REIT
in 2014. The REIT has completed almost $5 billion of asset sales
since this time, with proceeds being used to repay debt and
accumulate cash. As of 3Q17, the REIT held $2.5 billion of cash and
marketable securities versus $850 million of total debt, leaving it
with substantial liquidity to pursue acquisitions.

EQC's credit profile will improve further, as it is marketing
additional assets for sale. Even as the REIT has stated its intent
to grow via large-scale portfolio acquisitions, it remains
committed to maintaining modest leverage and secured debt levels
over the longer term.

EQC's management has simplified its portfolio and improved its
growth profile through the sale of about two-thirds of its
properties. These asset sales have reduced the REIT's exposure to
numerous small markets and properties with weak leasing prospects.
Once it has completed the remaining asset sales, EQC will be a more
focused REIT with more stable earnings through market cycles.

EQC's key challenge is improving operating cash flow in its
remaining portfolio. Office fundamentals are improving broadly,
however certain sub-markets remain challenging and the REIT still
has a number of assets with existing and anticipated vacancies to
fill. In addition, the REIT's margins are weak as compared with its
peer group.

A ratings upgrade is unlikely over the intermediate term due to the
lack of clarity that remains as to the REIT's strategic direction.
Longer term, an upgrade would reflect demonstration of profitable
growth and gross assets exceeding $10 billion. Net Debt/EBITDA
below 5x and fixed charge coverage above 4x would also support a
ratings upgrade.

A downgrade would be precipitated by sustained negative operating
trends or increased leverage (likely resulting from a large
acquisition) with Net Debt/EBITDA rising above 6x on a sustained
basis. Fixed charge coverage below 2.5x or secured debt approaching
20% of gross assets would also result in a downgrade.

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally
managed and self-advised real estate investment trust (REIT) with
commercial office properties throughout the United States. As of
September 30, 2017, the REIT held 20 properties totaling about
eleven million square feet.

The principal methodology used in these ratings was Global Rating
Methodology for REITs and Other Commercial Property Firms published
in July 2010.


ERIN ENERGY: Incurs $14 Million Net Loss in Third Quarter
---------------------------------------------------------
Erin Energy Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
attributable to the Company of $14.07 million on $33.64 million of
revenues for the three months ended Sept. 30, 2017, compared to a
net loss attributable to the Company of $23.47 million on $28.61
million of revenues for the three months ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss attributable to the Company of $139.14 million on $79.50
million of revenues compared to a net loss attributable to the
Company of $78.45 million on $56.69 million of revenues for the
same period a year ago.

The Company had $229.5 million in total assets, $588.8 million in
total liabilities and a total capital deficiency of $359.3
million.

The Company incurred losses from operations for the three and nine
months ended Sept. 30, 2017.  As of Sept. 30, 2017, the Company's
total current liabilities of $366.2 million exceeded its total
current assets of $55.4 million, resulting in a working capital
deficit of $310.8 million.  As a result of the current low
commodity prices, the Company has not been able to generate
sufficient cash from operations to satisfy certain obligations as
they became due.

Well Oyo-7 is currently shut-in as a result of an emergency shut-in
of the Oyo field production that occurred in early July 2016. This
has resulted in a loss of approximately 1,400 barrels of oil per
day (BOPD).  The Company is currently working on relocating an
existing gaslift line to well Oyo-7 to enable continuous gaslift
operation to assist in restoring lost production volumes.  For cost
effectiveness, the relocation of the gaslift line to well Oyo-7 is
now planned to be combined with the Oyo-9 subsea equipment
installation scheduled for the second half of 2018. During an
approximately two (2) week period starting from late June 2017 to
early July 2017, the owners of the floating, production, storage,
and offloading vessel Armada Perdana suspended its operations due
to an impasse in contract negotiations that led to a temporary
shut-in of the Oyo-8 well during this period.  The FPSO operation
was fully restored and the production from the Oyo-8 well was
re-established on July 6, 2017. Contract negotiations have
resumed.

The Company said it is currently pursuing a number of actions,
including (i) obtaining additional funds through public or private
financing sources, (ii) restructuring existing debts from lenders,
(iii) obtaining forbearance of debt from trade creditors, (iv)
reducing ongoing operating costs, (v) minimizing projected capital
costs for the remaining 2017 exploration and development campaign,
(vi) farming-out a portion of its rights to certain of its oil and
gas properties and (vii) exploring potential business combination
transactions.  There can be no assurances that sufficient liquidity
can be raised from one or more of these actions or that these
actions can be consummated within the period needed to meet certain
obligations.

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

                     https://is.gd/rs9UbT

                       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
$142.4 million in 2016, a net loss attributable to the Company of
$430.9 million in 2015, and a net loss attributable to the Company
of $96.06 million in 2014.

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.


EVIO INC: Expects to Get Provisional Testing License for Fla. Lab
-----------------------------------------------------------------
Evio, Inc., filed a Form 8-K report with the Securities and
Exchange Commission to answer questions received by the company:

Q1. What is the status of the lab in Eastern Oregon?

A. The lab located in La Grande, Oregon, which is four hour drive
away from both our existing Portland and Bend locations, will serve
as our regional spoke serving both industrial hemp and cannabis
clients in Eastern Oregon.

Q2. What stock and/or cash issued in conjunction with the opening
of the laboratory?

A. This facility was an organic expansion of our business
operations in Oregon.  The location itself was the prior home of
Eastern Oregon Analytical, a non-licensed medical cannabis testing
facility.  Other than a monthly rental agreement of $700 per month;
no stock, cash or other debenture was issued as part of this
expansion.

Q3. What are the hours of the facility?

A. The Eastern Oregon laboratory is being managed by our client
services team out of our Bend location.  The facility is currently
open on an appointment only basis, and will be staffed on a more
permanent basis during the harvest seasons.

Q4. When will the Florida Laboratory be open?

A. Our Florida licensee is fully staffed, has completed facility
build-out, and is in the process of installing and configuring
equipment.  The EVIO team will be spending the next month training
Florida laboratory personnel on our accredited methods.  Upon
completion, of training, we anticipate the laboratory will receive
its provisional testing license from the State of Florida during
the Fourth Quarter of 2017.

Q5. How has the Massachusetts lab been performing since the
acquisition?

A. EVIO Labs Massachusetts (formerly known as Viridis Analytics) is
continuing to see its demand for testing services increase. Since
the acquisition, demand for our services has continued to increase.
There are currently 15 licensed Registered Marijuana Dispensaries
operating in Massachusetts up from the 11 when we acquired Viridis.
The number of pending licensees has increased from 101 to over 220
according to the Massachusetts Department of Health.  Recreational
marijuana will be available in the state commencing in July 2018.
Many of our clients are already preparing for this forecasted
increase in demand.

                        About EVIO, Inc.

Based in Bend, Oregon, EVIO, Inc., formerly known as Signal Bay,
Inc. -- http://www.eviolabs.com/-- is a life science company that
provides accredited analytical testing services and scientific
research to the regulated cannabis industry.  The Company's EVIO
Labs division provides state-mandated ancillary services that don't
directly support the supply chain, but are in place to ensure the
safety and quality of the nation's cannabis supply.  

At a special meeting of stockholders held on Aug. 30, 2017, the
stockholders of Signal Bay approved, among other things, an
amendment to the Company's Restated and Amended Articles of
Incorporation to change the name of the Company to "EVIO, Inc."
The name change took effect at 12:01 am Sept. 6, 2017.

Signal Bay reported a net loss of $2.55 million for the year ended
Sept. 30, 2016, following a net loss of $1.45 million for the year
ended Sept. 30, 2015.  As of June 30, 2017, Signal Bay had $3.97
million in total assets, $3.13 million in total liabilities and
$838,396 in total equity.

MaloneBailey, LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2016, stating that the Company has negative working
capital, recurring losses from operations and likely needs
financing in order to meet its financial obligations.  These
conditions raise significant doubt about the Company's ability to
continue as a going concern.


EXGEN TEXAS: Nov. 16 Meeting Set to Form Creditors' Panel
---------------------------------------------------------
Andy Vara, Acting United States Trustee for Region 3, will hold an
organizational meeting on Nov. 16, 2017, at 10:00 a.m. in the
bankruptcy case of ExGen Texas Power, LLC.

The meeting will be held at:

               The Doubletree Hotel
               700 King Street
               Wilmington, DE 19801

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

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

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

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

                  About ExGen Texas Power

ExGen Texas Power, LLC, et al., operate as subsidiaries of Exelon
Generation Company, LLC, which is a unit of Chicago, Illinois-based
energy giant Exelon Corp. (NYSE:EXC).  EGTP owns 100% of the equity
in five direct subsidiaries, each of which owns a separate
gas-fired generation project:

    Debtor-Subsidiary       Project and Location
    -----------------       --------------------
Wolf Hollow I Power, LLC    639 MW Plant in Granbury, TX
Colorado Bend I Power, LLC  454 MW Plant in Wharton, TX
Handley Power, LLC          1,265 MW Plant in Fort Worth, TX
Mountain Creek Power, LLC   808 MW Plant in Dallas, TX
LaPorte Power, LLC          147 MW Plant in LaPorte, TX

EGTP and its five subsidiaries sought Chapter 11 protection (Bankr.
D. Del. Lead Case No. 17-12377) on Nov. 7, 2017, with a plan that
would turnover ownership of four plants to lenders in exchange for
debt, and a deal to sell the Handley Power plant to parent Exelon
Generation Company, LLC.

Direct parent Exelon Generation Company and ultimate parent Exelon
Corp. are not debtors in the Chapter 11 cases.

EGTP estimated $100 million to $500 million in assets and $500
million to $1 billion in debt.

The Hon. Brendan Linehan Shannon is the case judge.

The Debtors tapped Richards, Layton & Finger, P.A. as counsel;
Scotia Capital (USA) Inc., as investment banker; FTI Consulting,
Inc., as restructuring advisors; and Kurtzman Carson Consultants
LLC as claims agent.  KCC maintains the case web site
http://www.kccllc.net/egtp

Counsel to Exelon Generation Company is DLA Piper LLP (US). Counsel
to the Secured Agent is Norton Rose Fulbright US LLP. Counsel to
the Ad Hoc Committee is Wachtell, Lipton, Rosen & KaTz.


EXGEN TEXAS: Seeks Authorization on Interim Use of Cash Collateral
------------------------------------------------------------------
ExGen Texas Power, LLC, and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the District of
Delaware: (a) to use certain collateral and pre-petition
collateral, including, without limitation, certain cash collateral,
(b) to enter into and perform their obligations under the Amended
Hedge Agreement, and (c) to assume and irrevocably waive any right
to reject or assign (other than in accordance with its terms) the
Amended Hedge Agreement.

The Secured Parties with an Interest in cash collateral, including
the holders of Secured Obligations, are:

     (a) Bank of America, N.A., as the Secured Agent, the Issuing
Lender and the Secured Financial Hedge Counterparty;

     (b)  the Secured Lenders;

     (c) Merrill Lynch Commodities, Inc., as the Commodity Hedge
Counterparty;

     (d) Wilmington Trust, National Association, as the Depositary
Agent; and

     (e) Exelon Generation Company, LLC, as the Sponsor.

The Debtors seek to use certain of the Cash Collateral, to, among
other things, administer their estates during the chapter 11 cases,
permit the orderly continuation of the operation of their
businesses, to maintain business relationships with vendors,
suppliers and customers, to make payments to the Sponsor in respect
of labor costs under the O&M Agreements incurred thereunder after
the Petition Date, to pay taxes and regulatory fees, to make
capital expenditures and to satisfy other working capital and
operational needs.

A 13 week cash flow budget which reflects the Debtors' projected
aggregate cash receipts, operating expenses and disbursements,
capital expenditures and unrestricted cash on hand on a weekly
basis.  The Debtors are required to comply with the Approved
Budget, and are also subject to requirements that:

     (a) aggregate Variance Tested Expenses paid during any 4-week
period not exceed 110% of the aggregate amount budgeted for such
Variance Tested Expenses for such 4-week period pursuant to the
Approved Budget; and

     (b) aggregate capital expenditures made (or committed to be
made) during the period between the Petition Date and December 31,
2017 should not exceed $3.7 million.

As is customary in the Debtors' industry, in the ordinary course of
business, the Debtor ExGen Texas Power, LLC enters into hedging
positions to hedge the Debtors' exposure to commodity price risks.
Pursuant to that certain 2002 ISDA Master Agreement, ExGen Texas
Power has certain commodity hedge confirmations in place with the
Commodity Hedge Counterparty.

The Secured Commodity Hedge Agreement is comprised of an
International Swap Dealers Association Master Agreement.  The ISDA
Master is a standard form of contract that sets forth the
non-economic terms of all of the Hedging Positions it governs.  As
part of the prepetition negotiations leading up to the commencement
of the Debtors' chapter 11 cases, certain of the Secured Lenders
informed the Debtors that leaving the Secured Commodity Hedge
Agreement in place was a critical element of any proposed
restructuring.

To that end, under the terms of the Proposed Plan, one of the
conditions precedent to the effective date of such plan is that the
Secured Commodity Hedge Agreement be in full force and effect.
However, under the terms of the Secured Commodity Hedge Agreement,
the filing for bankruptcy by any of the Debtors is an event of
default under such agreement and, pursuant to section 556 of the
Bankruptcy Code, the Commodity Hedge Counterparty may terminate
such agreement as a result of such default notwithstanding the
automatic stay.

As a result, prior to the Petition Date, the Debtors, certain of
the Secured Lenders and the Commodity Hedge Counterparty engaged in
lengthy, arms' length discussions and negotiations regarding
leaving the Secured Commodity Hedge Agreement in place during the
Debtors' chapter 11 cases and after the effective date of the
Proposed Plan.

Following those negotiations and discussions, the parties agreed to
amend the Secured Commodity Hedge Agreement to include the
following key terms, among others:

      (a) The Amended Hedge Agreement will include modifications
to, among other things, remove the Bankruptcy EOD and provide the
Debtors with additional flexibility in connection with asset
sales.

      (b) The Commodity Hedge Counterparty will be granted, the
Postpetition Hedge Liens and, the Postpetition Hedge Super-Priority
Claims, in each case, on the terms set forth in the Proposed
Interim Order.

       (c) The Proposed Interim Order will authorize the Debtors to
perform their obligations under the Amended Hedge Agreement,
including, subject to the terms of the Proposed Interim Order and
the Amended Hedge Agreement, to, subject to the terms of the
Amended Hedge Agreement, pay all reasonable and documented
out-of-pocket expenses incurred by the Commodity Hedge
Counterparty.

      (d) Subject to the entry of the Proposed Final Order, the
Debtors will assume the Amended Hedge Agreement pursuant to section
365 of the Bankruptcy Code and the Debtors will waive any right
that they may have to reject or assign such agreement (other than
in accordance with its terms).

The Debtors claim that as of the Petition Date, the Secured
Commodity Hedge Agreement has not been terminated, and that no
amounts are currently owed by the Debtors to the Commodity Hedge
Counterparty and no amounts are owed to any of the Debtors by the
Commodity Hedge Counterparty pursuant to the Secured Commodity
Hedge Agreement.

The Debtors acknowledge that the amounts owing to the Secured
Lenders (with Bank of America, N.A., as collateral agent and
administrative agent, Wilmington Trust, National Association, as
depositary agent and Lenders to that certain Credit Agreement from
time to time) is not less than $660,000,000, as of the Petition
Date.

In addition, the Debtors acknowledge that as of the Petition Date,
the amounts owing to ExGen under the Secured Sponsor Agreements are
estimated to be not less than $13,300,000. However, between the
date of entry of the Proposed Interim Order and the date of the
Final Hearing, the Debtors, the Sponsor and the Ad Hoc Committee
will work in good faith to reconcile the actual amount of the
Estimated Sponsor Claim, which amount will be included in the
Proposed Final Order.

The adequate protection provided to the Secured Parties include:

      (a) Replacement liens on all property of the Debtors, now
existing or hereinafter acquired, and subject to entry of the
Proposed Final Order, replacement liens on proceeds of the Debtors'
Avoidance Actions. The Adequate Protection Replacement Liens (other
than the Adequate Protection Replacement Liens securing the
Revolving Facility) will be subject and subordinate only to the
Postpetition Hedge Liens, the Credit Facility Liens and Adequate
Protection Replacement Liens securing the Revolving Facility,
Permitted Liens, any security interest or lien granted in
connection with any DIP Financing and the Carve-Out.

      (b) Allowed super-priority administrative claims pursuant to
section 507(b) of the Bankruptcy Code, whether or not such expenses
or claims may become secured by a judgment lien or other
non-consensual lien, levy or attachment. Such Adequate Protection
Super-Priority Claims will be considered administrative expenses
allowed under section 503(b) of the Bankruptcy Code, and which
Adequate Protection Super-Priority Claims will be payable from and
have recourse to the Collateral in accordance with the Interim
Order, subject and subordinate only to the Postpetition Hedge
Super-Priority Claims.

Each of the Credit Facility Liens, Adequate Protection Replacement
Liens, Postpetition Hedge Liens, Adequate Protection Super-Priority
Claims and the Postpetition Hedge Super-Priority Claims are subject
and subordinate to payment of the Carve-Out, which includes the
following:

     (a) certain statutory fees;
     
     (b) the allowed professional fees and expenses of the Debtors
that are incurred in accordance with the Approved Budget prior to
the delivery by the Secured Agent of a Carve-Out Trigger Notice;

     (c) the allowed expenses of Committee Members and the allowed
professional fees and expenses of the Committee that are incurred
in accordance with the Approved Budget prior to the Trigger Date in
an aggregate amount (for both Committee Members and the Committee's
professionals) not to exceed $250,000;

     (d) the allowed professional fees and expenses of the Debtors
that are incurred in accordance with the Approved Budget on and
after the Trigger Date in an aggregate amount not to exceed
$350,000; and

     (e)  in the event of a conversion of the chapter 11 cases to
cases under chapter 7 of the Bankruptcy Code, the payment of fees
and expenses incurred by a trustee and any professional retained by
such trustee in an aggregate amount not to exceed $50,000.

A full-text copy of the Debtors' Motion, dated Nov. 7, 2017, is
available at https://is.gd/SSwoms

                     About ExGen Texas Power

ExGen Texas Power, LLC, et al., operate as subsidiaries of Exelon
Generation Company, LLC, which is a unit of Chicago, Illinois-based
energy giant Exelon Corp. (NYSE:EXC).  EGTP owns 100% of the equity
in five direct subsidiaries, each of which owns a separate
gas-fired generation project:

    Debtor-Subsidiary       Project and Location
    -----------------       --------------------
Wolf Hollow I Power, LLC    639 MW Plant in Granbury, TX
Colorado Bend I Power, LLC  454 MW Plant in Wharton, TX
Handley Power, LLC          1,265 MW Plant in Fort Worth, TX
Mountain Creek Power, LLC   808 MW Plant in Dallas, TX
LaPorte Power, LLC          147 MW Plant in LaPorte, TX

EGTP and its five subsidiaries sought Chapter 11 protection (Bankr.
D. Del. Lead Case No. 17-12377) on Nov. 7, 2017, with a plan that
would turnover ownership of four plants to lenders in exchange for
debt, and a deal to sell the Handley Power plant to parent Exelon
Generation Company, LLC.

Direct parent Exelon Generation Company and ultimate parent Exelon
Corp. are not debtors in the Chapter 11 cases.

EGTP estimated $100 million to $500 million in assets and $500
million to $1 billion in debt.

The Hon. Brendan Linehan Shannon is the case judge.

The Debtors tapped Richards, Layton & Finger, P.A. as counsel;
Scotia Capital (USA) Inc., as investment banker; FTI Consulting,
Inc., as restructuring advisors; and Kurtzman Carson Consultants
LLC as claims agent.  KCC maintains the case web site
http://www.kccllc.net/egtp

Counsel to Exelon Generation Company is DLA Piper LLP (US).
Counsel to the Secured Agent is Norton Rose Fulbright US LLP.
Counsel to the Ad Hoc Committee is Wachtell, Lipton, Rosen & KaTz.


EXGEN TEXAS: Seeks to Hire Kurtzman Carson as Claims Agent
----------------------------------------------------------
ExGen Texas Power, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Delaware to hire Kurtzman Carson
Consultants LLC as its claims and noticing agent.

The firm will oversee the distribution of notices and the
processing and docketing of proofs of claim filed in the Chapter 11
cases of the company and its affiliates.

The firm's hourly rates are:

     Analyst                                    $30 - $50
     Technology/Programming Consultant          $35 - $70
     Consultant/Sr. Consultant                 $70 - $165
     Director/Sr. Managing Consultant         $170 - $195
     Executive Vice-President                      Waived
     Securities Director/Solicitation Consultant     $195
     Securities Sr. Director/Solicitation Lead       $215

Prior to the petition date, the Debtors provided Kurtzman a
retainer in the sum of $30,000.

Robert Jordan, senior director of Kurtzman's corporate
restructuring services, disclosed in a court filing that his firm
is "disinterested" as defined in section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Robert Jordan
     Kurtzman Carson Consultants LLC
     2335 Alaska Avenue
     El Segundo, CA 90245
     Tel: (310) 823-9000

The Debtors are represented by:

     Paul N. Heath, Esq.
     Zachary I. Shapiro, Esq.
     Richards, Layton & Finger, P.A.
     One Rodney Square
     920 North King Street
     Wilmington, DE 19801
     Tel: (302) 651-7700
     Fax: (302) 651-7701
     Email: defranceschi@rlf.com
     Email: heath@rlf.com
     Email: shapiro@rlf.com

                    About ExGen Texas Power LLC

ExGen Texas Power, LLC and its five affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Case Nos.
17-12377 to 17-12383) on November 7, 2017.  David Rush, their chief
restructuring officer, signed the petitions.

ExGen and its affiliated debtors operate as subsidiaries of Exelon
Generation Company LLC, an energy company delivering electricity
and natural gas to approximately 10 million customers in Delaware,
the District of Columbia, Illinois, Maryland, New Jersey and
Pennsylvania through its Atlantic City Electric, BGE, ComEd,
Delmarva Power, PECO and Pepco subsidiaries.  Collectively, the
Debtors provide 3,313 MW of natural gas-fired power generation
located in the North and Houston zones of the Electric Reliability
Council of Texas power market.  The Debtors were formed in 2014 as
a non-recourse project financed by ExGen, which owns, directly or
indirectly, 100% of the equity interests in each of the Debtors.

At the time of the filing, the Debtor disclosed that it had
estimated assets of $100 million to $500 million and liabilities of
$500 million to $1 billion.

Judge Brendan Linehan Shannon presides over the cases.

Richards, Layton & Finger, P.A. represents the Debtors as
bankruptcy counsel.  The Debtors tapped Scotia Capital (USA) Inc.
as investment banker and FTI Consulting Inc. as restructuring
advisor.


EXPRO INT'L: Bank Debt Trades at 35.85% Off
-------------------------------------------
Participations in a syndicated loan under Expro International Group
PLC is a borrower traded in the secondary market at 64.15
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.70 percentage points from the
previous week.  Expro International Group PLC pays 475 basis points
above LIBOR to borrow under the $1.435 billion facility. The bank
loan matures on Aug. 6, 2021 and Moody's Caa1 rating and Standard &
Poor's CCC+ rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended November 3.


F.G. DEVELOPMENT: Free Gospel Taps Burns Law Firm as Counsel
------------------------------------------------------------
The Free Gospel Church of the Apostles Doctrine seeks approval from
the U.S. Bankruptcy Court for the District of Maryland to hire The
Burns Law Firm, LLC as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist in the preparation of a plan of
reorganization; and provide other legal services related to its
Chapter 11 case.

Burns Law Firm has agreed to an initial retainer of $5,000 and a
monthly installment retainer of $4,500.

John Burns, Esq., disclosed in a court filing that his firm does
not represent any interest adverse to the Debtor or its estate.

The firm can be reached through:

     John D. Burns, Esq.
     The Burns Law Firm, LLC
     6303 Ivy Lane, Suite 102
     Greenbelt, MD 20770
     Phone: (301) 441-8780

                 About F.G. Development Corporation

F.G. Development Corporation owns fee-simple interests in (i) a
shopping center located at 4703 Marlboro Pike Capitol Heights,
Maryland, valued by the company at $4 million; (ii) a doctor's
office located at 4744 Marlboro Pike, Capitol Heights, Maryland,
valued by the company at $250,000; and (iii) a vacant commercial
space located at 4714 Marlboro Pike Capitol Heights, Maryland,
valued by the company at $170,000.

The Free Gospel Church of the Apostles' Doctrine is in the
apostolic church business since 1962.

F.G. Development and Free Gospel Church sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Md. Case Nos. 17-24937
and 17-24902) on November 7, 2017.  Antoinette Green, chief
operating officer, signed the petitions.

At the time of the filing, F.G. Development disclosed $4.44 million
in assets and $3.6 million in liabilities.  Free Gospel Church had
estimated assets and liabilities of less than $50,000.

Judge Wendelin I. Lipp presides over the cases.


F.G. DEVELOPMENT: Taps Rowena Nelson as Legal Counsel
-----------------------------------------------------
F.G. Development Corporation seeks approval from the U.S.
Bankruptcy Court for the District of Maryland to hire the Law
Office of Rowena Nelson, LLC as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist in the preparation of a plan of
reorganization; and provide other legal services related to its
Chapter 11 case.

The firm will charge an hourly fee of $325 for its services.

Rowena Nelson, Esq., disclosed in a court filing that she is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

Ms. Nelson maintains an office at:

     Rowena N. Nelson, Esq.
     Law Office of Rowena N. Nelson, LLC
     1801 McCormick Drive, Suite 150
     Largo, MD 20774
     Phone: 301-358-3271
     Fax: 877-728-7744
     Email: information@rnnlawmd.com

                 About F.G. Development Corporation

F.G. Development Corporation owns fee-simple interests in (i) a
shopping center located at 4703 Marlboro Pike Capitol Heights,
Maryland, valued by the company at $4 million; (ii) a doctor's
office located at 4744 Marlboro Pike, Capitol Heights, Maryland,
valued by the company at $250,000; and (iii) a vacant commercial
space located at 4714 Marlboro Pike Capitol Heights, Maryland,
valued by the company at $170,000.

The Free Gospel Church of the Apostles' Doctrine is in the
apostolic church business since 1962.

F.G. Development and Free Gospel Church sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Md. Case Nos. 17-24937
and 17-24902) on November 7, 2017.  Antoinette Green, its chief
operating officer, signed the petitions.

At the time of the filing, F.G. Development disclosed $4.44 million
in assets and $3.6 million in liabilities.  Free Gospel Church had
estimated assets and liabilities of less than $50,000.

Judge Wendelin I. Lipp presides over the cases.


FISHERMAN'S PIER: Allowed to Use Cash for November 2017 Expenses
----------------------------------------------------------------
The Hon. Raymond B. Ray of the U.S. Bankruptcy Court for the
Southern District of Florida has entered a First Interim Order
granting Fisherman's Pier, Inc.'s motion for interim use of cash
collateral.

As memorialized in the Court's order granting turnover of Suntrust
Bank Accounts, the Debtor's counsel Moffa & Breuer, PLLC, by and
through its attorney trust account, will serve as the Debtor's
disbursing agent, on an interim basis, collecting all sums due to
the Debtor and making all required payments on behalf of the
Debtor, until further Order of the Court.

Counsel may disburse to creditors, on an immediate and interim
basis in order to avoid immediate and irreparable harm to the
Debtor for the month of November 2017, those expenses on the
budget. The approved Budget for the month of November 2017 provides
expenses in the aggregate sum of $129,093.

In addition, the Debtor may use additional cash collateral as
agreed or Ordered by the Court upon the written agreement of the
Debtor, Spiro Marchelos and The Bank of the Ozarks, or upon further
Order of the Court.

A final hearing on the Motion will be held on Nov. 28, 2017 at
10:00 a.m.

A full-text copy of the Order, dated Nov. 7, 2017, is available at
https://is.gd/RQ1phs

                     About Fisherman's Pier

Fisherman's Pier Inc., which owns a fishing pier in Ft. Lauderdale,
Florida, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. S.D. Fla. Case No. 17-22819) on Oct. 23, 2017.  Martha
Marchelos, its president, signed the petition.  At the time of the
filing, the Debtor estimated assets and liabilities of $1 million
to $10 million.  Judge Raymond B. Ray presides over the case.  John
A. Moffa, Esq., at Moffa & Breuer, PLLC, serves as the Debtor's
bankruptcy counsel.


FITNESS FACTORY: Taps Bach Law Offices as Legal Counsel
-------------------------------------------------------
The Fitness Factory, Inc. seeks approval from the U.S. Bankruptcy
Court for the Northern District of Illinois to hire the Bach Law
Offices as its legal counsel.

The firm will assist the Debtor in the preparation of a bankruptcy
plan; negotiate with creditors; examine and resolve claims; and
provide other legal services related to its Chapter 11 case.

Paul Bach, Esq., and Penelope Bach, Esq., the attorneys who will be
handling the case, will each charge an hourly fee of $300.  The
Debtor paid the firm a retainer in the sum of $5,000.

Both attorneys are "disinterested persons" as defined in section
101(14) of the Bankruptcy Code, according to court filings.

Bach Law Offices can be reached through:

     Paul M. Bach, Esq.
     Penelope N. Bach, Esq.
     Bach Law Offices
     P.O. Box 1285
     Northbrook, IL 60065
     Phone: (847) 564 0808
     Email: paul@bachoffices.com
     Email: pnbach@bachoffices.com

                   About The Fitness Factory Inc.

The Fitness Factory, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ill. Case No. 17-31029) on October 17,
2017.  Nathaniel H. Simspon, its president, signed the petition.

At the time of the filing, the Debtor disclosed that it had
estimated assets of less than $1 million and liabilities of less
than $100,000.


FLORIDA FOLDER: Intends to Use Fifth Third Bank Cash Collateral
---------------------------------------------------------------
Florida Folder Service, Inc., seeks authorization from the United
States Bankruptcy Court for the Middle District of Florida to use
cash collateral.

Prior to the Petition Date, the Debtor entered into a Notes and
Agreements with various lenders including Fifth Third Bank.  The
Debtor believes that Fifth Third Bank have perfected security
interest and liens on the Debtor's personal property, including
inventory and the proceeds thereof.

The Debtor has prepared a budget and intends on offering
replacements liens to Fifth Third Bank in order to protect its
interest.  In addition to replacement liens, the Debtor is offering
to pay Fifth Third Bank a monthly interest only payment of $447.50.
This payment is based upon $107,398.41 at 5% interest.

The monthly budget provides total expenses in the approximate
amount of $134,350.

The Debtor assures the Court that it will work with Fifth Third
Bank in order to get an agreed order on this Motion.

A full-text copy of the Debtor's Motion, dated Nov. 7, 2017, is
available at https://is.gd/IT0WMa

                  About Florida Folder Service

Florida Folder Service, Inc., a/k/a Brochure Displays, a/k/a
Digital Press -- http://brochuredisplays.com/-- provides
professional brochure distribution at hundreds of motels, hotels
and other tourism related businesses in prime markets throughout
the southeast, including Florida, Georgia, Tennessee and the
Carolinas. Its Florida markets include the major resort
destinations of Daytona Beach, St. Augustine, Jacksonville and New
Smyrna Beach.

Florida Folder Service filed a Chapter 11 petition (Bankr. M.D.
Fla. Case No. 17-03869) on Nov. 6, 2017.  Terry McDonough,
president, signed the petition.  The case is assigned to Judge
Jerry A. Funk.  The Debtor is represented by Jason A Burgess, Esq.
at the Law Offices of Jason A. Burgess, LLC.  At the time of
filing, the Debtor disclosed $843,347 in assets and $1,040,000 in
liabilities.


FOUNDATION HEALTHCARE: Emerges From Bankruptcy Protection
---------------------------------------------------------
BankruptcyData.com reported that Foundation Healthcare Inc.'s First
Amended Joint Chapter 11 Plan of Liquidation became effective, and
the Company emerged from Chapter 11 protection. The U.S. Bankruptcy
Court confirmed the Plan on September 11, 2017. BankruptcyData
notes, "The majority of the Debtors' assets were foreclosed upon
prior to the filing of the Cases. The Plan provides for the
liquidation of the Debtors' remaining assets, including the pursuit
of Causes of Action, and the distribution of the net proceeds to
holders of Allowed Claims." BankruptcyData cites, Plan Summary
noted that "the Liquidation Analysis for the Debtors estimates the
Net Value of Assets Available for Secured Claims to be $ 1.08
million and a Total Estate Deficiency of (7.95) million."

                  About Foundation Healthcare

University General Hospital LLC is a 69-bed health care facility
located at 7501 Fannin Street, Suite 100 Houston, Texas.  Prior to
its closure in January 2017, University General Hospital offered a
full array of equipment and services including inpatient and
outpatient medical treatments and surgeries.

Foundation Healthcare Inc., a publicly traded Oklahoma corporation,
was in the business of owning and managing facilities which
operated in the surgical segment of the healthcare industry.  It
has ceased to conduct business operations and has no employees.
Foundation Healthcare currently only has a contracted interim Chief
Financial Officer and a contracted Chief Restructuring Officer, and
one part time assistant.

University General Hospital previously sought bankruptcy protection
(Bankr. S.D. Tex. Case No. 15-31097).  The case was filed on Feb.
27, 2015.  Foundation HealthCare completed its acquisition of
University General Hospital in January 2016.  Foundation Healthcare
purchased the facility for $33 million in a court-approved sale.

University General Hospital, doing business as Foundation Surgical
Hospital of Houston, and its affiliate Foundation Healthcare filed
Chapter 11 petitions (Bankr. N.D. Tex. Case Nos. 17-42570 and
17-42571) on June 21, 2017.  The petitions were signed by Richard
Zahn, manager.  The cases are jointly administered before Judge
Russell F. Nelms with Foundation Healthcare's case as the lead.

The Debtors are represented by Vickie L. Driver, Esq., at Husch
Blackwell LLP.  The Debtors hire Michael S. Miller of Ankura
Consulting Group, LLC, as chief restructuring officer.  The Debtors
employ Eide Bailly LLP, as accountant and Donlin, Recano & Company,
Inc., as their claims and noticing agent.

At the time of filing, University General estimated $1 million to
$10 million in assets and $1 million to $50 million in liabilities.
Foundation Healthcare estimated $1 million to $10 million in
assets and liabilities.


FRONTIER COMMUNICATIONS: Bank Debt Trades at 5.54% Off
------------------------------------------------------
Participations in a syndicated loan under Frontier Communications
is a borrower traded in the secondary market at 94.46
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.55 percentage points from the
previous week.  Frontier Communications pays 375 basis points above
LIBOR to borrow under the $1.500 billion facility. The bank loan
matures on June 1, 2024 and carries Moody's B2 rating and Standard
& Poor's BB- rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended November 3.


FUNERAL SERVICES: Unsecured Creditors to Get Nothing Under Plan
---------------------------------------------------------------
Funeral Services, LLC filed with the U.S. Bankruptcy Court for the
Western District of Washington a small business disclosure
statement describing its plan of reorganization dated Oct. 31,
2017.

General unsecured creditors are classified in Class 5 under the
plan and will receive a distribution of 0 % of their allowed
claims.

Payments under the plan will be made from the Debtor's funds on
hand, ongoing business revenue, and a cash contribution from the
sole member.

The Plan Proponent believes that the Debtor will have enough cash
on hand on the effective date of the Plan to pay all the claims and
expenses that are entitled to be paid on that date. The Debtor
currently has approximately $73,000 on hand as of the end of
September 2017, and this amount is anticipated to continue to
steadily increase prior to confirmation.

A copy of the Disclosure Statement is available at:

     http://bankrupt.com/misc/wawb17-12710-41.pdf

                   About Funeral Services

Funeral Services LLC -- http://jernsfuneralchapel.net/-- is a  
family-owned provider of funeral and cremation services based in
Bellingham, Washington.  The Debtor has served the communities of
Whatcom and Skagit Counties, along with those of Lower Mainland
British Columbia.  

Funeral Services sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 17-12710) on June 15,
2017.  Bradley Bytnar, owner and operator, signed the petition.  

The Debtor disclosed $951,812 in assets and $2.19 million in
liabilities.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Funeral Services LLC as of
August 23, according to a court docket.


GARRETT PROPERTIES: Top of World Condo to Get $269 a Month, With 4%
-------------------------------------------------------------------
Garrett Properties, LLC, filed with the U.S. Bankruptcy Court for
the Southern District of West Virginia a disclosure statement dated
Oct. 25, 2017, referring to the Debtor's plan of reorganization.

Under the Plan, the secured claim of Top of World Condo Association
-- estimated at $14,590 -- are impaired by the Plan.  World Condo
will be paid $269 a month, with interest rate of 4% (prime plus
.5%), over five years.

In order for the plan to be confirmed the administrative expenses
must be paid and the rental property repairs must be completed.
That in order to pay these expenses the sole shareholder of the
Debtor will inject new value into the Debtor by payment of the sum
of $40,000.  This new contribution is directly related to the
success of the reorganization plan and will satisfy the
requirements of the absolute priority rule.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/wvsb15-20085-173.pdf

As reported by the Troubled Company Reporter on Nov. 23, 2016, the
Plan proposes that Class 3 general unsecured creditors receive a
distribution of 1% of their allowed claims.  Payments will be
funded both by the ongoing operating income of the Debtor and by
sale of assets.

                    About Garrett Properties

Headquartered in Charleston, West Virginia, Garrett Properties,
LLC, is a limited liability company.  Since Aug. 17, 2004, the
Debtor has been in the business of owning, holding and renting
commercial and residential real estate.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. S.D.
W.V. Case No. 15-20085) on Feb. 24, 2015, estimating its assets and
liabilities at between $1 million and $10 million each.

Judge Ronald G. Pearson presides over the case.

James M. Pierson, Esq., at Pierson Legal Services, serves as the
Debtor's bankruptcy counsel.


GASTAR EXPLORATION: Reports $15.9M Net Loss for Third Quarter
-------------------------------------------------------------
Gastar Exploration Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
attributable to common stockholders of $15.91 million on $15.33
million of total revenues for the three months ended Sept. 30,
2017, compared to a net loss attributable to common stockholders of
$3.79 million on $13 million of total revenues for the three months
ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss attributable to common stockholders of $44.63 million on
$56.64 million of total revenues compared to a net loss of $95.37
million on $39.96 million of total revenues for the same period
during the prior year.

As of Sept. 30, 2017, Gastar had $370.80 million in total assets,
$391.58 million in total liabilities and a total stockholders'
deficit of $20.77 million.

Russell J. Porter, Gastar's president and CEO, commented,
"Following an initiative to re-evaluate operating practices in
order to optimize well results while also reducing drilling and
completion costs, we have made numerous operational refinements
that appear to be having a positive impact.  We have reduced the
average number of days needed to drill a well from approximately 19
days to 11 days.  Further, we have eliminated certain drilling
difficulties, which has both lowered costs and created operating
efficiencies.  With drilling time now nearly half of what it was
previously, we can effectively execute our drilling plan with only
one rig and expect to continue drilling with one rig into 2018."

"We have substantially improved our well completion processes and
design.  Our improved "Gen 3" completion design appears to be
generating better initial well performance, although it is still
too early to accurately draw any firm conclusions.  Our first Gen 3
well, the Bagwell 1808 24-1H, a Meramec well in Kingfisher County,
Oklahoma, commenced flow back on September 21, 2017 and based on
early performance appears to be on track with our Meramec type
curve.  Since we resumed completion operations on September 3,
2017, we have completed 5 wells using the new Gen 3 design, with
most of them on flow back for less than 30 days.  Compared to wells
completed with the previous design, these Gen 3 wells are producing
significantly more total fluid volumes in the initial flow back
stage with hydrocarbon volumes increasing."

"We expect that our drilling program to delineate the Meramec and
Osage formations across our acreage position will remain active
through next year.  To date, we have drilled a total of 24 gross
Meramec and 16 gross Osage wells and have participated in numerous
third-party wells across our STACK Play acreage.  With the
continuing success of our program and that of offset operators in
the STACK Play, we intend to continue to focus on the STACK to
create value for our shareholders.  Currently we are actively
evaluating opportunities to divest our WEHLU asset, a Hunton
formation producing unit located primarily in Oklahoma County,
Oklahoma.  If we are successful in divesting WEHLU, we intend to
redeploy those proceeds into our core operations in the higher
value STACK Play acreage.  We believe that the potential sale of
our WEHLU assets would provide us with ample liquidity to execute
our current one-rig drilling program through 2018."

Gastar's net capital expenditures, excluding property sales
proceeds, in the third quarter of 2017 totaled $37.1 million,
comprised of $26.8 million for drilling, completions and
infrastructure costs, $7.9 million for unproved acreage extensions,
renewals and additions and $2.4 million of other capitalized costs.
Based on the current full-year capital budget of $129.2 million,
the Company's fourth quarter capital expenditures are currently
estimated not to exceed $34.7 million comprised of $27.3 million
for drilling, completion and infrastructure costs, $4.3 million for
lease renewal and extension costs and $3.2 million of other
capitalized costs.    

At Sept. 30, 2017, Gastar had approximately $29.2 million in
available cash and cash equivalents and $412.5 million of principal
balance long-term borrowings outstanding.

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

                      https://is.gd/5ft79H

                   About Gastar Exploration

Houston, Texas-based Gastar Exploration Inc. --
http://www.gastar.com/-- is a pure play Mid-Continent independent
energy company engaged in the exploration, development and
production of oil, condensate, natural gas and natural gas liquids.
Gastar's principal business activities include the identification,
acquisition and subsequent exploration and development of oil and
natural gas properties with an emphasis on unconventional reserves,
such as shale resource plays.  Gastar holds a concentrated acreage
position in what is believed to be the core of the STACK Play, an
area of central Oklahoma which is home to multiple oil and natural
gas-rich reservoirs including the Meramec, Oswego, Osage, Woodford
and Hunton formations.

Gastar reported a net loss attributable to common stockholders of
$103.5 million on $58.25 million of total revenues for the year
ended Dec. 31, 2016, compared to a net loss attributable to common
stockholders of $474.0 million on $107.3 million of total revenues
for the year ended Dec. 31, 2015.  

                          *     *     *

In March 2017, S&P Global Ratings affirmed its 'CCC-' corporate
credit rating, with a negative outlook, on Gastar Exploration.
Subsequently, S&P withdrew all its ratings on Gastar at the
issuer's request.

In April 2017, Moody's Investors Service withdrew all assigned
ratings for Gastar Exploration, including the 'Caa3' Corporate
Family Rating, following the elimination of all of its rated debt.


GCI INC: Liberty's Planned Acquisition No Impact on Moody's B2 CFR
------------------------------------------------------------------
Moody's Investors Service said that Liberty Interactive
Corporation's plan to acquire General Communications, Inc. (GCI
Parent), the parent of GCI Inc. (GCI), continues to remain a credit
positive for GCI following recently announced changes to the
structure of the acquisition. GCI's B2 corporate family rating
(CFR) and stable outlook remain unchanged. Liberty Interactive's
planned acquisition of GCI Parent will still be accomplished
through a reorganization in which certain Liberty Interactive
assets and liabilities held through Liberty Ventures Group (Liberty
Ventures) will be contributed to GCI in exchange for a controlling
interest in GCI Parent, with the end state structure of GCI to be
renamed GCI, LLC. While the composition of these assets and
liabilities has been slightly adjusted, Moody's believes this
revised structure is credit neutral relative to the previous
acquisition plan detailed in April 2017. At expected transaction
close during first quarter 2018, Liberty Interactive will effect a
tax-free separation of its controlling interest in the combined
company, to be named GCI Liberty, Inc. (GCI Liberty), to the
holders of Liberty Ventures common stock.

Moody's continues to believe the transaction remains a credit
positive for GCI given the large net asset value from Liberty
Interactive's contributed public equity holdings totaling in excess
of $6 billion, mainly comprised of ownership stakes in Liberty
Broadband Corp. (Liberty Broadband) and Charter Communications
(Charter), as well as smaller equity holdings such as in Lending
Tree, Inc. and FTD Companies, Inc.; Liberty Broadband's main asset
is its equity stake in Charter. These public equity holdings will
be held at subsidiaries of GCI LLC, the end state form of GCI. In
addition to debt of about $1.6 billion currently at GCI, debt
associated with Liberty Interactive's contributed equity assets
totaling about $1.0 billion will also be contributed to GCI LLC.
Under the revised acquisition structure, this additional debt will
now be comprised of an expected $1 billion Liberty Broadband equity
margin loan and any potential new Charter exchangeable debentures.
The $1 billion margin loan represents a $500 million increase from
the previous acquisition plan. Moody's anticipates that debt
service on this additional debt of around $1 billion will be met
using cash balances and/or through potential sales or other
monetizations of the substantial equity holdings at GCI LLC, the
end state form of GCI.

Existing debentures exchangeable into Charter stock totaling $750
million (1.75% Charter exchangeables) held at Liberty Interactive
will no longer be assumed by GCI Liberty under the new plan, but
will instead remain at Liberty Interactive's successor, QVC Group.
GCI Liberty will provide QVC Group with cash equal to the net
present value of principal and interest due on the 1.75% Charter
exchangeables through their October 5, 2023 put/call date. In
addition, GCI Liberty will indemnify QVC Group for any additional
and potential after-tax liabilities associated with the 1.75%
Charter exchangeables under specified circumstances. Specifically,
Liberty Interactive has agreed to use its commercially reasonable
efforts to repurchase the outstanding 1.75% Charter exchangeables
within six months following the closing of the GCI Parent
acquisition, on terms and conditions reasonably acceptable to GCI
Liberty. Under such a repurchase scenario, Moody's believes that
any associated reimbursements to Liberty Interactive from GCI
Liberty would not have material credit implications for GCI and
would likely be credit neutral.

For existing GCI debtholders the over $6 billion of contributed
public equity holdings will constitute a secondary claim on liquid
collateral with some expected permanence. At acquisition close $3
billion of the value of these assets will be protected under a
consolidated net asset test being added to the company's existing
bond indentures and credit agreement. While this asset enhancement
would likely result in a higher overall recovery for GCI's rated
debt and serve as a source of potential additional liquidity, the
ability to refinance this amended, existing debt could eliminate
this supportive covenant, thus increasing flexibility for
potentially less bondholder-friendly policy in the future. Further,
margin loans and potential future exchangeable debt tied to these
contributed equity holdings could be increased under the terms of
this covenant, causing debt leverage metrics (Moody's adjusted) at
GCI to weaken. Finally, the acquisition itself does not positively
or negatively impact the actual fundamental trajectory of GCI's
business operations.

GCI, Inc. is a leading integrated, facilities-based communications
provider based in Anchorage, Alaska, offering local and
long-distance voice, wireless, video services (including broadcast
television), data and Internet services to consumer and commercial
customers throughout the State of Alaska. As of September 30, 2017
the company reported approximately 135,000 data, 118,000 video,
90,000 voice, and 224,000 wireless subscribers, and generated $916
million of revenue for the latest 12 months.


GELTECH SOLUTIONS: Incurs $986,000 Net Loss in Third Quarter
------------------------------------------------------------
GelTech Solutions, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
of $985,964 on $385,595 of sales for the three months ended Sept.
30, 2017, compared to a net loss of $1.16 million on $217,437 of
sales for the three months ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss of $3.06 million on $954,100 of sales compared to a net
loss of $3.63 million on $920,741 of sales for the same period
during the prior year.

The Company had $2.55 million in total assets, $7.03 million in
total liabilities and a total stockholders' deficit of $4.48
million as of Sept. 30, 2017.  As of Nov. 8, 2017, the Company had
approximately $41,000 in available cash.

As of Sept. 30, 2017, the Company had an accumulated deficit and
stockholders' deficit of $51,022,519 and $4,486,225, respectively,
and incurred losses from operations and net losses of $2,427,763
and $3,064,593, respectively, for the nine months ended Sept. 30,
2017 and used cash in operations of $2,344,244 during the nine
months ended Sept. 30, 2017.  In addition, the Company has not yet
generated revenue sufficient to support ongoing operations.
Management believes these factors raise substantial doubt regarding
the Company's ability to continue as a going concern for a period
of twelve months from the issuance date of this report.

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

                      https://is.gd/n22LIP

                          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.

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.


GENERAL NUTRITION: Bank Debt Trades at 5.25% Off
------------------------------------------------
Participations in a syndicated loan under General Nutrition is a
borrower traded in the secondary market at 94.75
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.23 percentage points from the
previous week.  General Nutrition pays 250 basis points above LIBOR
to borrow under the $1.350 billion facility. The bank loan matures
on March 2, 2019 and Moody's Ba3 rating and Standard & Poor's BB-
rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended November 3.


GENERAL NUTRITION: Moody's Affirms B1 Corporate Family Rating
-------------------------------------------------------------
Moody's Investors Service affirmed all ratings of General Nutrition
Centers, Inc., including the Corporate Family Rating at B1. The
proposed new Senior Secured Term loan is rated Ba3. The new Senior
Secured Notes are rated Ba3. The outlook is stable. GNC's
Speculative Grade Liquidity rating was affirmed at an SGL-2.

"GNC continues to work to stabilize sales and its operating income
as it executes its business realignment. It is critical that
changes to pricing and promotional cadence continue to result in
improved sales as it cycles its significant margin investment later
this year", says Moody's Vice President, Christina Boni. The
proposed refinancing will address its upcoming maturities and give
the company financial flexibility albeit at an expected higher
interest cost. Moody's anticipates GNC will have in excess of $150
million in free cash flow available for debt reduction annually.

Assignments:

Issuer: General Nutrition Centers, Inc.

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

-- Senior Secured Regular Bond/Debenture, Assigned Ba3(LGD3)

Outlook Actions:

Issuer: General Nutrition Centers, Inc.

-- Outlook, Remains Stable

Affirmations:

Issuer: General Nutrition Centers, Inc.

-- Probability of Default Rating, Affirmed B1-PD

-- Corporate Family Rating, Affirmed B1

-- Senior Secured Bank Credit Facility, Affirmed Ba3(LGD3)

-- Speculative Grade Liquidity Rating, Affirmed SGL-2

RATINGS RATIONALE

GNC's B1 Corporate Family Rating is supported by the company's
well-known brand name in its target markets along with our
favorable view of the vitamin, mineral, and nutritional supplement
("VMS") category due to favorable demographic trends in the United
States. Moody's expect GNC's operating performance will stabilize
as the company focuses on improving its market positioning. GNC has
been realigning its pricing and promotional cadence to improve its
customer traffic. Credit metrics have been under pressure but are
expected to improve as the company enacts its turnaround.

Other key credit concerns include GNC's sizable concentration in
sports nutrition, which is a much more limited product segment with
a relatively smaller target market than the VMS product category.
Also considered is the potential risk arising from adverse
publicity and product liability claims with regard to certain
products sold by GNC, particularly diet products and herbs, two
faddish product categories that are more exposed to such risks and
earnings volatility.

The stable outlook incorporates our view that GNC's operating
performance should stabilize albeit at a lower profitability level
as a result of its initiatives to improve its market positioning.
Our outlook is also predicated on the company continuing to
prioritize debt reduction as is evidenced by the elimination of its
cash dividend.

GNC's ratings could be upgraded over time if the company
demonstrates consistent stable to improving same store sales while
maintaining operating margins at or above the low teens. An upgrade
would require that GNC continue to adhere to a financial policy
that would support debt/EBITDA sustained below 3.75x.

Ratings could be downgraded if the company 's sales and operating
income do not stabilize as a result of a weakening competitive
profile or material product-related risks. Ratings could also be
lowered if the company's refinancing is not completed. Ratings
could also be downgraded if financial policies were to become
aggressive, or if liquidity were to materially erode.
Quantitatively, a ratings downgrade could occur if it appears that
debt/EBITDA will be sustained above 5.0x or if retained cash
flow/net debt fell below 10%.

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



GETTY IMAGES: Bank Debt Trades at 13.27% Off
--------------------------------------------
Participations in a syndicated loan under Getty Images Inc. is a
borrower traded in the secondary market at 86.73
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.28 percentage points from the
previous week.  Getty Images Inc. pays 350 basis points above LIBOR
to borrow under the $1.9 billion facility. The bank loan matures on
October 14, 2019 and Moody's B3 rating and Standard & Poor's CCC
rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended November 3.


GFC PROPERTIES: Unsecureds to Recover 100% Under Plan
-----------------------------------------------------
GFC Properties Inc. filed with the U.S. Bankruptcy Court for the
Southern District of Florida a disclosure statement dated Oct. 25,
2017, referring to the Debtor's plan of reorganization.

Under the Plan, general unsecured creditors are classified in Class
3, and will receive a distribution of 100% of their allowed claims.
Allowed unsecured claims will be paid 100%; 5% on $36,000, until
the Plan is confirmed, payable at confirmation; $150 monthly.
After plan is confirmed, $34,200 at 3.25% due in balloon in 18
months.  This class is impaired by the Plan.

Payments and distributions under the Plan will be funded by Ginette
Claude and affiliates and rent income.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/flsb17-16585-76.pdf

                    About GFC Properties Inc.

GFC Properties, Inc., owns a 26-unit apartment building located 111
NW 152nd Street, Miami, FL 33169.  The sole nature of GFC's
business is simply to rent out the apartments at the property.

GFC Properties filed a Chapter 11 petition (Bankr. S.D. Fla. Case
No. 17-16585) on May 25, 2017.  Ginette Claude, president, signed
the petition.  At the time of filing, the Debtor estimated assets
and liabilities to be less than $50,000.

The Debtor is represented by Sheleen G. Khan, Esq., at the Law
Office of Sheleen G. Khan P.A.

No trustee or examiner has been appointed in the case.


GINA PEPE: Casano Law Buying Gulfport Property for $15K
-------------------------------------------------------
Gina M. Pepe asks the U.S. Bankruptcy Court for the Eastern
District of Louisiana to authorize the sale of a vacant lot in the
Island View Subdivision, bearing the municipal address of 624
Fournier Ave., Gulfport, Mississippi to Casano Law Firm for
$15,000.

At the time of filing, the Lot was valued at $16,000 on the
Debtor's schedules.  

Bank of Louisiana filed Proof of Claim #5, which claims this lot is
encumbered by a secured claim held by Bank of Louisiana for a total
amount owed of $665,582, cross collateralized with multiple other
properties.  Additionally, SBA filed Proof of Claim # 9 and #10,
which also claims that this lot is encumbered by a secured claim
held by SBA, cross collateralized with multiple properties
including the Lot.

The Debtor has obtained an offer to purchase the Lot from the
Purchaser for a price of $15,000 with $500 earnest money.  The
purchase price was obtained by arm's-length transaction and the
purchaser is not related to the Debtor and is otherwise a
disinterested party.

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

     http://bankrupt.com/misc/Gina_Pepe_140_Sales.pdf

The proceeds of the sale of the lot will be used to reduce the
total balance owed on the secured claim of either Bank of
Louisiana, or SBA, less normal costs of closing, including but not
limited to, realtor or broker's commission, recordation, notarial,
or other fees; and unpaid property taxes (none of which the Debtor
anticipates being due).  The Debtor will supply the Court with a
copy of her closing statement within 30 days of the entry of an
Order approving the Motion.

As both Bank of Louisiana and the SBA asserted a secured interest
in the Fournier Avenue property, the Debtor asks that the proceeds
from the sale be held in the Registry of the Bankruptcy Court until
such time as a Court Order is entered directing the Debtor's
application of the sale proceeds.

The Purchaser can be reached at:

          Karen Daniel
          CASANO LAW FIRM
          2729 Faiss Dr.
          Las Vegas, NV 89134

Counsel for the Debtor:

          Robin R. De Leo, Esq.
          THE DE LEO LAW FIRM, L.L.C.
          800 Ramon St.
          Mandeville, LA 70448
          Telephone: (985) 727-1664
          Facsimile: (985) 727-4388
          E-mail: lisa@northshoreattorney.com

Gina M. Pepe voluntary filed a petition for relief under Chapter 13
of Title 11 of the United States Code.  The case was subsequently
converted to a case under Chapter 11 (Bankr. E.D. La. Case No.
17-10650) on May 24, 2017.


GINA PEPE: Casano Law Buying Gulfport Property for $25K
-------------------------------------------------------
Gina M. Pepe asks the U.S. Bankruptcy Court for the Eastern
District of Louisiana to authorize the sale of vacant lots 16-18,
of the Island View Subdivision, bearing the municipal address of
4614 Finley St., Gulfport, Mississippi to Casano Law Firm for
$25,000.

At the time of filing, the Lot was valued at $26,000 on the
Debtor's schedules.  The Property is encumbered by a secured claim
held by Bank of Louisiana which is owed a total of $665,582 on a
total of seven properties including this lot.

The Debtor has obtained an offer to purchase the lot from the
Purchaser for a price of $25,000 with $500 as earnest money.  The
purchase price was obtained by arm's-length transaction and the
Purchaser is not related to the Debtor and is otherwise a
disinterested party.

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

     http://bankrupt.com/misc/Gina_Pepe_141_Sales.pdf

The proceeds of the sale will be used to reduce the total balance
owed on the Bank of Louisiana lien, normal costs of closing,
including but not limited to, realtor or broker's commission,
recordation, notarial, or other fees; and unpaid property taxes
(none of which Debtor anticipates being due).  The Debtor will
supply the Court with a copy of her closing statement within 30
days of the entry of an Order approving the Motion.

After the sale of the lot, costs of sale, and outstanding property
taxes, if any, the remaining proceeds will be paid to Bank of
Louisiana.

The Purchaser can be reached at:

          Karen Daniel
          CASANO LAW FIRM
          2729 Faiss Dr.
          Las Vegas, NV 89134

Gina M. Pepe voluntary filed a petition for relief under Chapter 13
of Title 11 of the United States Code.  The case was subsequently
converted to a case under Chapter 11 (Bankr. E.D. La. Case No.
17-10650) on May 24, 2017.


GRAND CANYON RANCH: Ch 11 Trustee Says Disclosures Lack Info
------------------------------------------------------------
Brian Shapiro, Chapter 11 Trustee for Grand Canyon Ranch, LLC,
filed with the U.S. Bankruptcy Court for the District of Nevada an
opposition to creditor Fann Contracting, Inc.'s disclosure
statement accompanying its first amended plan of liquidation.

A hearing to consider the Objection is scheduled for Nov. 8, 2017,
at 1:30 p.m.

As reported by the Troubled Company Reporter on Sept. 27, 2017,
Fann filed with the Court a disclosure statement to accompany its
first amended plan of liquidation for the Debtor.  Under that plan,
Fann will receive a pro rata distribution of all funds received by
the estate in an amount of no less than $500,000.

The Chapter 11 Trustee opposes the Disclosure Statement on the
basis that it fails to contain adequate information regarding the
effect of the Order Approving Settlement Arising Out of Settlement
Conference Pursuant to 11 U.S.C. Section 105(a) and 363 and
Bankruptcy Rule 9019, and the First Amended Plan is otherwise
patently non-confirmable for effectively giving Fann priority over
both senior and similarly situated creditors.  The Chapter 11
Trustee adds that the Disclosure Statement cannot be approved not
only because it fails to provide adequate information, but
additionally because the First Amended Plan is patently
nonconfirmable.

According to the Chapter 11 Trustee, this Opposition is made and
based upon the memorandum of points and authorities, the papers and
pleadings on file with the Court, judicial notice of which is
respectfully requested, and any argument of counsel entertained by
the Court at the time of the hearing for the Disclosure Statement.


According to the Chapter 11 Trustee, the Disclosure Statement can't
be approved because:

     a. the Disclosure Statement does not present the requisite
        adequate information mandated by Section 1125.  It
        entirely ignores the Settlement Order -- even though the
        Court had already made its oral ruling on the Second 9019
        Motion -- and the effectuated Settlement Transaction,
        which has already been consummated.  Not only does the
        Disclosure Statement contain language questioning the
        nature and structure of the Settlement Transaction in
        direct contravention of the Settlement Order, but it
        wholly misrepresents projected distributions given its
        refusal to acknowledge the Settlement Order and Settlement

        Transaction.  Additionally, while the Disclosure Statement

        asserts that Liberty Mutual and Gallagher Basset will each

        pay $100,000 into the estate to settle the Fann
        Litigation, there is no substantive discussion of this
        proposed settlement; and

     b. the First Amended Plan is patently nonconfirmable.  
        Remarkably, Fann, as a general unsecured creditor, has
        proposed its own class of one, Class 3A, separate and
        apart from all other general unsecured creditors in Class
        3B.  Fann has proposed that Fann’s solo Class 3A receives

        a guaranteed distribution of $500,000, which is expressly
        guaranteed at the expense of the similarly situated
        general unsecured creditors in Class 3B.  Further, the
        language of the First Amended Plan and Disclosure
        Statement provides that Fann receive a "pro rata
        distribution of all funds received by the Estate," see
        Disclosure Statement at 20, which effectively attempts to
        guarantee Fann's distribution at the expense of senior
        creditors as well, including the administrative claims
        class.  The First Amended Plan cannot ignore provisions of

        the Bankruptcy Code and provide a single general unsecured

        creditor a guaranteed distribution at the expense of all
        similarly situated or senior creditors, which distribution

        could not even be implemented.  Additionally, the First
        Amended Plan cannot ignore or attempt an end run around
        effectuated orders of the Court, including the Employment
        Order and Settlement Order.  

A copy of the Objection is available at:

           http://bankrupt.com/misc/nvb15-14145-568.pdf

The Chapter 11 Trustee is represented by:

     Gregory E. Garman, Esq.
     Talitha Gray Kozlowski, Esq.
     Erick T. Gjerdingen, Esq.
     GARMAN TURNER GORDON LLP
     650 White Drive, Suite 100
     Las Vegas, Nevada 89119
     Tel: (725) 777-3000
     Fax: (725) 777-3112
     E-mail: ggarman@gtg.legal
             tgray@gtg.legal
             egjerdingen@gtg.legal

                    About Grand Canyon Ranch

Headquartered in Las Vegas, Nevada, Grand Canyon Ranch, LLC, filed
for Chapter 11 bankruptcy protection (Bankr. D. Nev. Case No.
15-14145) on July 20, 2015, estimating its assets at between $1
million and $10 million and its liabilities at between $10 million
and $50 million.  The petition was signed by Nigel Turner,
manager.

Judge August B. Landis presides over the case.

Matthew L. Johnson, Esq., at Johnson & Gubler, P.C., serves as the
Debtor's bankruptcy counsel.


GREENLIGHT ORGANIC: Needs Time to Resolve US Claims, File Plan
--------------------------------------------------------------
Greenlight Organic, Inc., requests the U.S. Bankruptcy Court for
the District of Nevada to extend the exclusive periods to file and
secure acceptance of a plan by 180 days until January 21, 2018, and
March 22, 2018, respectively.

On February 8, 2017, the United States government filed a civil
Complaint against the Debtor in the litigation entitled, United
States v. Greenlight Organic, Inc., pending before the United
States Court of International Trade, Case Number 17-cv-0031 (the
"CIT Action").  The United States initiated this action "on behalf
of U.S. Customs and Border Protection, to recover (1) approximately
$238,516.56 in unpaid duties and fees plus interest; and (2) a
penalty for fraud in the amount of approximately $3,232,032,
stemming from Greenlight's violations of 19 U.S.C. 1592(a) relating
to approximately 122 entries of wearing apparel."

The Debtor asserts that it cannot negotiate a plan or provide
adequate information without understanding the amount and nature of
the claims in the CIT Action.  The Debtor relates that it has
attempted to resolve the CIT claims in good faith in the
most-efficient and least costly manner before the Bankruptcy Court,
but must now litigate in the Court of International Trade to
liquidate the United States' claims before the Debtor can propose a
plan of reorganization.  As such, the Debtor says it needs
sufficient time to permit it to negotiate a plan of reorganization
and provide adequate information to interested parties.

The Debtor assures the Bankruptcy Court that it continues to pay
its bills as they come due and believes it has reasonable prospect
of filing a viable plan. However, the Debtor contends that the
viability of any plan proposed by the Debtor will be difficult to
determine until the CIT claims are liquidated.

The Debtor is not seeking to pressure creditors to submit to its
demands.  Instead, the Debtor is requesting an exclusivity
extension to afford the United States time to liquidate its claims
in the Court of International Trade.  Moreover, the Debtor asserts
that resolution of the claims in the CIT Action is an unresolved
contingency more than sufficient to justify the 180-day extension.

              About Greenlight Organic, Inc.

Greenlight Organic is a wholesaler and retailer of running and
performance apparel.  Its customers typically are marathon and
other race event organizers who place orders with the Debtor for
custom t-shirts to gift or sell to attendees.  It typically places
orders with a company in Vietnam to manufacturer and customize the
apparel, which are then shipped to Greenlight and delivered to the
customer.

Greenlight Organic Inc. d/b/a Greenlight Apparel filed a Chapter 11
bankruptcy petition (Bankr. D. Nev. Case No. 17-14000) on July 25,
2017. The Petition was signed by the Debtor's authorized
representative, Parambir Aulakh. At the time of filing, the Debtor
had estimated both assets and liabilities at $100,000 to $500,000.

Gregory E. Garman, Esq., at Garman Turner Gordon, LLP serves as the
Debtor's bankruptcy counsel; and Crowell & Moring LLP, Marlow Adler
Abrams Newman & Lewis, and Peter S. Herrick, P.A., as special
counsel.


GULFMARK OFFSHORE: Bondholders Lose Battle with Lenders Over Cash
-----------------------------------------------------------------
Peg Brickley, writing for The Wall Street Journal Pro Bankruptcy,
reported that bondholders poised to take over GulfMark Offshore
Inc. lost a fight with directors who are demanding nearly $5
million worth of golden parachutes as they depart from the
company.

According to the report, Judge Kevin Gross of the U.S. Bankruptcy
Court in Delaware said departing leaders, including David Butters,
chairman of GulfMark's board of directors, are entitled to collect
the money as soon as the offshore oil-and-gas services company
leaves bankruptcy.

At a court hearing, Evan Fleck, Esq., lawyer for the bondholders,
said plans had already been made to set the disputed cash aside, so
that GulfMark will be able to wrap up its exit financing and emerge
from bankruptcy within days, the report related.

Bondholders sought court aid, complaining that Mr. Butters was
holding up the company's exit from chapter 11, demanding $3.7
million in deferred compensation, the report further related.
Lawyers for GulfMark said the chairman and other board members had
earned the money over a period of years and are entitled to collect
it as soon as the company leaves bankruptcy, the report said.

Lawyers for the company said there is no need for a court order, no
emergency and no justification for what GulfMark characterized in
court papers as "strong-arm" tactics, the report added.

At a hearing in the U.S. Bankruptcy Court in Delaware, GulfMark
lawyer Gary Holtzer, Esq., said the leaders who are departing don't
want to have to negotiate over cash with the "new regime," which
includes representatives of investment firms Raging Capital
Management, LLC, Q Investments LP and Newport Capital Group, the
report related.

According to the bondholders, the demand for cash from top GulfMark
leaders is "a blatant act of self-dealing," the report further
related.

                    About Gulfmark Offshore

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

GulfMark Offshore, Inc., filed for bankruptcy protection (Bankr. D.
Del., Case No. 17-11125) on May 17, 2017.  Quintin V. Kneen,
president and chief executive officer, signed the petition.  The
Company reported total assets of $1.07 billion and total debt of
$737.1 million as of March 31, 2017.

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

An ad hoc committee of holders of unsecured senior notes issued by
GulfMark Offshore, Inc., is represented by Robert J. Dehney, Esq.,
and Gregory W. Werkheiser, Esq., at Morris, Nichols, Arsht &
Tunnell LLP, in Wilmington, Delaware; and Dennis F. Dunne, Esq.,
Evan R. Fleck, Esq., Andrew Leblanc, Esq., and Nelly Almeida, Esq.,
at Milbank, Tweed, Hadley & McCloy LLP, in New York.


HOPKINS COUNTY HOSP: Moody's Confirms B2 on $22MM Revenue Bonds
---------------------------------------------------------------
Moody's Investors Service confirms the B2 assigned to approximately
$22 million of Hopkins County Hospital District's (HCHD), TX
outstanding revenue bonds. This action concludes the review for
downgrade initiated on August 11, 2017. The outlook is negative.

The B2 incorporates the continued pressure and uncertainty of
margins, with recent violations of both days cash on hand and rate
covenants under the Master Trust Indenture (MTI) in FY 2016. The
fluctuations and uncertainty in performance highlights difficulties
that HCHD will have in sustaining and improving headroom to
covenants. Bonds cannot be accelerated, but failure to meet the
covenants could terminate the lease agreement under the joint
venture arrangement, which is a steady source of revenues to the
HCHD. The rating also reflects significant reduction in the HCHD's
cash position given the change in the structure of hospital
operations with a newly established joint venture of the hospital
operations with CHRISTUS Health. The balance sheet of HCHD is not
part of the joint venture and the debt remains solely secured by
the District's revenue pledge. Favorably, annual lease payments
from the joint venture to the District exceed annual debt service,
the District continues to make its debt service payments in full
and on time and a fully funded debt service reserve fund is
present.

Methodology

The principal methodology used in this rating was Not-For-Profit
Healthcare published in November 2017.


HOUSTON AMERICAN: Incurs $786,000 Net Loss in Third Quarter
-----------------------------------------------------------
Houston American Energy Corp. filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q reporting a
net loss of $786,278 on $111,741 of oil and gas revenue for the
three months ended Sept. 30, 2017, compared to a net loss of
$370,343 on $39,738 of oil and gas revenue for the three months
ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss of $1.75 million on $215,649 of oil and gas revenue
compared to a net loss of $1.20 million on $121,885 of oil and gas
revenue for the nine months ended Sept. 30, 2016.

As of Sept. 30, 2017, Houston American had $7.13 million in total
assets, $625,277 in total liabilities and $6.50 million in total
shareholders' equity.

At Sept. 30, 2017, the Company had a cash balance of $409,606 and a
deficit in working capital of $100,170, compared to a cash balance
of $481,172 and working capital of $423,795 at Dec. 31, 2016.  The
change in working capital during the period was primarily
attributable to investments in acquiring and commencement of
drilling on the Reeves County acreage and the operating loss for
the first nine months of 2017, partially offset by equity capital
raising efforts.

Operating activities used cash of $1,241,127 during the nine months
ended Sept. 30, 2017, compared to $1,023,200 used during the nine
months ended Sept. 30, 2016.  The change in operating cash flow was
primarily attributable to an increase in our net loss, reflecting
increased compensation and legal, professional and other costs
associated with increased investor visibility activities and
regulatory matters, partially offset by the accrual of deferred
salary and additional non-cash charges during 2017.

Investing activities used cash of $3,878,984 during the nine months
ended Sept. 30, 2017, compared to $92,217 used during the nine
months ended Sept. 30, 2016.  The increase in funds used by
investing activities during 2017 reflects the acquisition of our
Reeves County acreage ($999,525) and investments in drilling and
related operations on the Reeves County acreage ($3,284,040) and
preparation and evaluation costs in Colombia ($18,941).

Financing activities provided cash of $5,048,545 during the nine
months ended Sept. 30, 2017, compared to $135,973 used during the
nine months ended Sept. 30, 2016.  The change in cash flow from
financing activity reflects the receipt of gross funds totaling
$5,729,115 from the sale, during 2017, of Common Stock under our
ATM Offering, Series A Preferred Stock, Series B Preferred and
Series B Warrants, and Bridge Loan Notes and Bridge Loan Warrants,
partially offset by the payment of dividends on the Series A and
Series B Preferred Stock ($80,570) and repayment of Bridge Loan
Notes ($600,000), while funds were used during 2016 for the
purchase of treasury stock.

At Sept. 30, 2017, the Company had long-term liabilities of $76,302
compared to $27,444 at Dec. 31, 2016.  Long-term liabilities
consisted of deferred rent obligation and a reserve for plugging
costs at Sept. 30, 2017 and consisted of a reserve for plugging
costs at Dec. 31, 2016.

The Company's principal capital and exploration expenditures relate
to ongoing efforts to acquire, drill and complete prospects, in
particular our Reeves County acreage.

During the nine months ended Sept. 30, 2017, the Company invested
$4,302,506 for the acquisition and development of oil and gas
properties, consisting of (1) cost of acquisition of U.S.
properties $999,525, principally attributable to acreage acquired
in Reeves County, Texas, (2) cost of drilling and hydraulic
fracturing of, and construction of gas sales lines to, its Johnson
State #1H well and O'Brien #3H well, totaling in the aggregate
$3,284,040, and (3) preparation and evaluation costs in Colombia of
$18,941.  Of the amount invested, the Company capitalized $18,941
to oil and gas properties not subject to amortization and
$4,283,565 to oil and gas properties subject to amortization.

The Company said, "We do not presently expect to drill any
additional wells during 2017.  For the balance of 2017, we have not
budgeted any capital expenditures, although we may make some
capital expenditures relating to costs incurred, after September
30, 2017, in bringing our initial Reeves County wells on line.  We
expect to drill two additional wells on our Reeves County acreage
in the first quarter of 2018.  With the construction of substantial
field infrastructure in connection with drilling and completion of
our first two Reeves County wells, which infrastructure will
support future drilling operations, we anticipate that future well
costs on those blocks will decline."

According to the Company, capital expenditure plans for the balance
of 2017 and early 2018 may change depending on (1) its ability to
fund its share of drilling and completion costs on wells on its
Reeves County acreage, (2) the results of drillings on its Reeves
County acreage, (3) the schedule of future drilling operations on
its Reeves County acreage, (4) the timing and ultimate resolution
of permitting issues at Serrania, and (5) field conditions and
other factors beyond our control or the control of the operators of
our prospects.  Accordingly, there can be no assurance as to the
timing of these operations or the amount actually spent on such
operations.

The Company's cash holdings, taking into account $467,874, net,
raised from the sale of common stock subsequent to Sept. 30, 2017,
are expected to be adequate to support operations over the balance
of 2017 but are not adequate to fund its share of drilling and
completion costs on wells anticipated to be drilled in Reeves
County in 2018.  While the Company expects to realize a significant
increase in revenues from initial production in Reeves County
commencing during the fourth quarter of 2017, those revenues will
not be adequate to fund its drilling budget.

"In order to fully fund our estimated drilling and completion
budget and support operations through early 2018, and beyond, we
expect that we will be required to raise additional capital.  While
we may, among other efforts, pursue additional sales of shares in
our ATM Offering, private sales of equity and debt securities and
may realize up to $1.59 million of additional funding from exercise
of outstanding warrants, we presently have no commitments to
provide additional funding, through the exercise of warrants or
otherwise, and there can be no assurance that we can secure the
necessary capital to support such plans and operations on
acceptable terms or at all.  If, for any reason, we are unable to
fully fund our drilling budget and fail to satisfy commitments
reflected therein, we may be subject to penalties or to the
possible loss of some of our rights and interests in prospects with
respect to which we fail to satisfy funding commitments and we may
be required to curtail operations and forego opportunities."

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

                      https://is.gd/QI6nCU

                 About Houston American Energy

Based in Houston, Texas, Houston American Energy Corp.
(NYSEMKT:HUSA) -- http://www.HoustonAmericanEnergy.com/-- is an
independent energy company with interests in oil and natural gas
wells, minerals and prospects.  The Company's business strategy
includes a property mix of producing and non-producing assets with
a focus on Texas, Louisiana and Colombia.

Houston American reported a net loss of $2.64 million on $165,910
of oil and gas revenue for the year ended Dec. 31, 2016, compared
to a net loss of $3.83 million on $429,435 of oil and gas revenue
for the year ended Dec. 31, 2015.

GBH CPAs, PC, in Houston, Texas -- http://www.gbhcpas.com/--
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2016, noting that
the Company has suffered recurring losses from operations, which
raises substantial doubt about its ability to continue as a going
concern.


IHEARTCOMMUNICATIONS INC: Reports $248.2M Net Loss in 3rd Quarter
-----------------------------------------------------------------
iHeartcommunications, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
attributable to the Company of $248.2 million on $1.53 billion of
revenue for the three months ended Sept. 30, 2017, compared to a
net loss attributable to the Company of $35 million on $1.56
billion of revenue for the three months ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss attributable to the Company of $810.4 million on $4.45
billion of revenue compared to a net loss attributable to the
Company of $402.4 million on $4.54 billion of revenue for the nine
months ended Sept. 30, 2016.

As of Sept. 30, 2017, the Company had $12.25 billion in total
assets, $23.93 billion in total liabilities and a total
stockholders' deficit of $11.67 billion.

"As a true multi-platform, 21st-century media company, we continue
to expand the innovative ways for us to engage consumers and to
reinvent how we do business with our advertising and marketing
partners," said Bob Pittman, chairman and chief executive officer
of iHeartMedia, Inc.  "At our iHeartMedia business, in addition to
building out a data-first programmatic advertising platform, we are
continually growing our content offerings, including iHeartRadio's
podcast platform, with virtually all of the top 200 U.S. podcasts.
At Americas outdoor and International outdoor, we are both
expanding our digital footprint and enhancing our automated
ad-buying and data analytics and attribution capabilities to
generate better results for our partners."

Rich Bressler, president, chief operating officer and chief
financial officer, said, "Our consolidated revenues and operating
income declined in the third quarter.  However, the iHeartMedia
segment extended its year-over-year revenue growth to eighteen
consecutive quarters.  We continue to be committed to balancing
financial discipline with investments in data, programmatic and
attribution to grow our businesses while staying focused on
improving our capital structure."

"Our Outdoor businesses continue to build out our digital footprint
worldwide," said Bob Pittman, chairman and chief executive officer
of Clear Channel Outdoor Holdings, Inc.  "At the same time, we are
focused on enhancing our automated ad-buying, data analytics and
attribution capabilities to generate improved results for our
advertising and marketing partners."

Rich Bressler, chief financial officer of Clear Channel Outdoor
Holdings, Inc. said: "Our consolidated results decreased in the
third quarter.  However, revenue increased, after adjusting for the
impact from foreign exchange and certain businesses we sold. We
continue to be committed to financial discipline as we invest in
data, programmatic and attribution to grow our businesses."

As of Sept. 30, 2017, the Company had $286.4 million of cash and
cash equivalents on its balance sheet, including $222.4 million of
cash and cash equivalents held by its subsidiary, Clear Channel
Outdoor Holdings, Inc.  Included in the cash held by CCOH is $206.1
million of cash held outside the U.S.  It is the Company's policy
to permanently reinvest the earnings of our non-U.S. subsidiaries
as these earnings are generally redeployed in those jurisdictions
for operating needs and continued functioning of their businesses.


"We have the ability and intent to indefinitely reinvest the
undistributed earnings of consolidated subsidiaries based outside
of the United States, except that excess cash from our foreign
operations may be transferred to our operations in the United
States if needed to fund operations in the United States, subject
to the foreseeable cash needs of our foreign operations and the
mutual agreement of us and CCOH.  If any excess cash held by our
foreign subsidiaries is needed to fund operations in the United
States, we could presently repatriate available funds without a
requirement to accrue or pay U.S. taxes.  This is a result of
significant deficits, as calculated for tax law purposes, in our
foreign earnings and profits, which gives us flexibility to make
future cash distributions as non-taxable returns of capital.

As of Sept. 30, 2017, we had a borrowing base of $499.1 million
under our receivables-based credit facility, had $365.0 million of
outstanding borrowings and had $49.1 million of outstanding letters
of credit, resulting in $85.0 million of excess availability.
However, any incremental borrowings under our receivables-based
credit facility are further limited by the terms contained in our
material financing agreements."

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

                       https://is.gd/tpPLMM
  
                    About iHeartMedia, Inc. and
                     iHeartCommunications, Inc.

iHeartMedia, Inc. (PINK: IHRT), the parent company of
iHeartCommunications, Inc., is a global media and entertainment
company.  The Company specializes in radio, digital, outdoor,
mobile, social, live events, on-demand entertainment and
information services for local communities, and uses its
unparalleled national reach to target both nationally and locally
on behalf of its advertising partners.  The Company is dedicated to
using the latest technology solutions to transform the Company's
products and services for the benefit of its consumers,
communities, partners and advertisers, and its outdoor business
reaches over 34 countries across five continents, connecting people
to brands using innovative new technology.

iHeartCommunications reported a net loss attributable to the
Company of $296.31 million on $6.27 billion of revenue for the year
ended Dec. 31, 2016, compared to a net loss attributable to the
Company of $754.62 million on $6.24 billion of revenue for the year
ended Dec. 31, 2015.

                           *    *    *

In March 2017, Fitch Ratings downgraded iHeartCommunications,
Inc.'s Long-Term Issuer Default Rating (IDR) to 'C' from 'CC'.  The
downgrade reflects iHeart's announcement on March 15, 2017, that
the company has commenced a global restructuring effort targeting
approximately $14.6 billion in debt including all of the
outstanding Term Loans and PGNs as well as the senior notes due
2021.

Also in March 2017, S&P Global Ratings lowered its corporate credit
rating on Texas-based media company iHeartMedia Inc. and its
subsidiary iHeartCommunications Inc. to 'CC' from 'CCC'.  The
rating outlook is negative.  The downgrade follows
iHeartCommunications' announcement that it has offered to exchange
five series of priority-guarantee notes, its senior notes due 2021,
and its term loan D and E for longer-dated debt; and, in certain
scenarios, stock and warrants, or contingent value rights.  "Under
all but one scenario, there would be a reduction in the principal
amount of debt outstanding and an extension of the debt maturity by
two years for exchanged debt," said S&P Global Ratings' credit
analyst Jeanne Shoesmith.  "The company's debt is trading at
significant discounts to par of 20%-60%, and we believe its capital
structure is unsustainable."

In December 2016, Moody's Investors Service affirmed
iHeartCommunications, Inc.'s 'Caa2' Corporate Family Rating.


IHEARTMEDIA INC: In Advanced Talks to Refinance Loan Due December
-----------------------------------------------------------------
Soma Biswas, writing for The Wall Street Journal Pro Bankruptcy,
reported that IHeartMedia Inc. is in advanced talks with lenders to
refinance $364 million due on a revolver loan in December, the
company disclosed in its third-quarter earnings report.

According to the Journal, the company also said in the earnings
report that it had completed a swap for $45 million in 10% notes
due Jan. 5, 2018, for the same amount in priority guarantee notes
due 2021.

If iHeartMedia succeeds at extending its receivables credit
facility maturity beyond Dec. 24, the company will have cleared the
deck of any debt maturities through February of 2018, the report
related, citing two bondholders.

The latest debt extensions are temporary measures as iHeart, the
biggest radio station operator in the U.S., continues to negotiate
a larger debt restructuring deal with its bondholders, the report
further related.  IHeart has $8.4 billion in debt coming due in
2019, the report noted.

The company has recently engaged a key bondholder group in talks
over a proposed deal to swap a big chunk of its debt for equity and
to extend maturities on near-term debt, the report said.  Those
talks ended with the two sides still far apart, however, the report
added, citing company filings.

There is also a question of whether iHeart will make a coming
interest payment on bonds due Dec. 15 unless there is significant
progress in talks with its creditors, the bondholders said, the
report related.  The media company might choose to conserve cash
ahead of a possible default as a result of its auditors' inclusion
of a going-concern warning in its 2017 annual report, the
bondholders also said, the report further related.

                    About iHeartMedia, Inc. and
                     iHeartCommunications, Inc.

iHeartMedia, Inc. (PINK: IHRT), the parent company of
iHeartCommunications, Inc., is a global media and entertainment
company.  The Company specializes in radio, digital, outdoor,
mobile, social, live events, on-demand entertainment and
information services for local communities, and uses its
unparalleled national reach to target both nationally and locally
on behalf of its advertising partners.  The Company is dedicated to
using the latest technology solutions to transform the Company's
products and services for the benefit of its consumers,
communities, partners and advertisers, and its outdoor business
reaches over 34 countries across five continents, connecting people
to brands using innovative new technology.

iHeartCommunications reported a net loss attributable to the
Company of $296.31 million on $6.27 billion of revenue for the year
ended Dec. 31, 2016, compared to a net loss attributable to the
Company of $754.62 million on $6.24 billion of revenue for the year
ended Dec. 31, 2015.  As of June 30, 2017, iHeartCommunications had
$12.30 billion in total assets, $23.74 billion in total liabilities
and a total stockholders' deficit of $11.44 million.

                           *    *    *

In March 2017, Fitch Ratings downgraded iHeartCommunications,
Inc.'s Long-Term Issuer Default Rating (IDR) to 'C' from 'CC'.  The
downgrade reflects iHeart's announcement on March 15, 2017, that
the company has commenced a global restructuring effort targeting
approximately $14.6 billion in debt including all of the
outstanding Term Loans and PGNs as well as the senior notes due
2021.

Also in March 2017, S&P Global Ratings lowered its corporate credit
rating on Texas-based media company iHeartMedia Inc. and its
subsidiary iHeartCommunications Inc. to 'CC' from 'CCC'.  The
rating outlook is negative.  The downgrade follows
iHeartCommunications' announcement that it has offered to exchange
five series of priority-guarantee notes, its senior notes due 2021,
and its term loan D and E for longer-dated debt; and, in certain
scenarios, stock and warrants, or contingent value rights.  "Under
all but one scenario, there would be a reduction in the principal
amount of debt outstanding and an extension of the debt maturity by
two years for exchanged debt," said S&P Global Ratings' credit
analyst Jeanne Shoesmith.  "The company's debt is trading at
significant discounts to par of 20%-60%, and we believe its capital
structure is unsustainable."

In December 2016, Moody's Investors Service affirmed
iHeartCommunications, Inc.'s 'Caa2' Corporate Family Rating.


ILIANA NEUROSPINE: R. Michael to Get $30K Monthly Salary Under Plan
-------------------------------------------------------------------
Iliana Neurospine Institute, LLC, filed with the U.S. Bankruptcy
Court for the Northern District of Indiana its latest disclosure
statement in connection with its plan of reorganization dated Oct.
31, 2017.

The latest plan provides for the reorganization of the Debtor's
business (as opposed to a liquidation of the Debtor's assets) and
the resolution of all outstanding Claims against and Interests in
the Debtor. With the exception of certain priority tax claims and
convenience class claims of $1,500 or less, which are to be paid in
full shortly after confirmation of the Plan, the Plan contemplates
payment of Allowed Claims in full, with interest over a period of
five years, subject to the ability of Holders of Allowed Claims to
elect discounted lump sum settlements to be paid within 60 days of
the Effective Date. The Plan further contemplates that Dr. Ronald
Michael, the Debtor's sole member, will retain his ownership
interest in the Debtor in exchange for his continued services and
commitment to operate the Debtor's business, collect receivables,
and facilitate creditor payments under the Plan.

Under the Plan, Dr. Michael will receive a salary of $30,000 per
month, which is commensurate with the salary that Dr. Michael
earned during the pendency of the Case. Because the Debtor is a
pass-through entity for tax purposes, Dr. Michael as sole member
bears personal liability for income taxes. Accordingly, the Plan
contemplates modest additional distributions to Dr. Michael
sufficient to cover his tax obligations based on net income
generated by the Reorganized Debtor's business operations.

The plan now has 9 classes of claimants compared to the 4 classes
provided in the previous plan.

Previously under Class 4, general unsecured creditors are now
classified in Class 7. Holders of Allowed Other General Unsecured
Claims may elect 50% lump sum payment within 60 days of the
Effective Date, or Holders of Other General Unsecured Claims will
receive payment in full over 5 years with interest at the Federal
Judgment Rate. Distribution is estimated at 100%.

The previous version of the plan provided that each holder of an
allowed unsecured claim will receive total distributions equal to
100% of its allowed unsecured claim over five years plus interest
at the rate of 2% in quarterly payments in amounts equal to 5% of
their allowed unsecured claim beginning after the effective date of
the plan.

This Plan will be funded from the Reorganized Debtor's available
Cash, any financing obtained by the Reorganized Debtor to fund the
Stipulated Allowed FDIC Claim; and the Reorganized Debtor's
business operations.

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

     http://bankrupt.com/misc/innb16-23444-231.pdf

                About Iliana Neurospine LLC

Iliana Neurospine Institute, LLC dba Illinois Neurospine Institute
fdba successor by merger to Illinois Neurospine Institute, LLC,
filed a chapter 11 petition (Bankr. N.D. Ind. Case No. 16-23444) on
Dec. 8, 2016.  The petition was signed by Ronald Michael, M.D.,
managing member.  The Debtor is represented by Gordon E. Gouveia,
Esq., at Gordon E. Gouveia, LLC.  The case is assigned to Judge
Philip J. Klingeberger.  The Debtor estimated assets and
liabilities at $1 million to $10 million at the time of the
filing.

Illinois Neurospine Institute, P.C., was an Illinois professional
corporation.  On or about July 22, 2014, the assets of Illinois
Neurospine Institute were merged into Iliana Neurospine Institute,
LLC, which is the surviving entity.

Prior to the merger, Ronald Michael, M.D. Was the president and
employee of Illinois Neurospine Institute, and owned 100% of its
outstanding shares.  The Debtor owns 100% of the membership
interest of Iliana Neurospine Institute.

The Debtor is the entity through which Dr. Michael provides
healthcare services, resulting in the creation of accounts
receivable that funds its business operations.  It is also the
primary source of the Debtor's income.

Dr. Michael is a board certified specialist in neurological
surgery.  He earned A.B. and S.M. degrees from the University of
Chicago in Biological Sciences and Biochemistry, respectively in
1981 and 1984.  Dr. Michael graduated from the University of
Illinois, Chicago College of Medicine in 1986 and completed
residency in neurological surgery at Northwestern University in
1993.  Dr. Michael has been practicing medicine for approximately
30 years including seven years of residency training.  The bulk of
Dr. Michael's work involves spine surgery.  He treats patients
suffering from a variety of debilitating ailments, including
degenerative and traumatic disc disease.  Dr. Michael helps his
patients manage their pain and improve their overall life.


INT'L MANUFACTURING: Bankr. Reference of Western Suit Withdrawn
---------------------------------------------------------------
Judge Morrison C. England, Jr., of the U.S. District Court for the
Eastern District of California grants the motion brought by
Defendants Western Building Specialties of Sacramento and Western
Business Solutions Incorporated, d/b/a Western Bath & Shower Inc.,
seeking for the withdrawal of the reference of the case styled In
re International Manufacturing Group, Inc., Debtor. Beverly N.
McFarland, Chapter 11 Trustee for International Manufacturing
Group, Inc., Plaintiff, v. Byron L. Younger, Jr.; Jane Younger;
Byron L. Younger, Jr. Family Trust; Western Building Specialties of
Sacramento; Western Business Solutions Incorporated d/b/a Western
Bath & Shower Inc.; THE Entrust Group, Inc. FBO Byron & Jane
Younger; and Reliable Medical & Dental Sales, LLC, Defendants, No.
2:17-cv-1695-MCE, (E.D. Cal.), to the U.S. Bankruptcy Court.

The Court agrees and finds that withdrawal of the reference is
appropriate with respect to the Western Defendants, who have
properly preserved their Seventh Amendment right to a jury trial in
the district court. The Court finds that the parties do not dispute
that the Western Defendants are entitled to a jury trial before the
Court as they have timely demanded such a trial and have not
consented to the jurisdiction of the Bankruptcy Court in this
matter.

The parties further agree that it is within the Court's discretion
to withdraw reference of the case in its entirety, or to bifurcate
the Western Defendants from the remaining defendants and to
withdraw the reference with respect to those claims asserted
against the Western Defendants only.

The Court finds, however, that the Defendants are interconnected
and the claims against the Western Defendants fundamentally tied to
the claims against the other Defendants, such that bifurcation
would frustrate judicial economy and waste the time and resources
of both the parties and the Court. Moreover, the Court holds that
bifurcation would result in the potential for inconsistent
judgments between substantially identical cases. For these reasons,
the Court declines to bifurcate this matter.

A full-text copy of the Memorandum and Order dated October 23, 2017
is available at https://is.gd/NUuvtp from Leagle.com.

Beverly N. McFarland is represented by:

            Christopher Daniel Sullivan, Esq.
            Diamond McCarthy LLP
            150 California Street, Suite 2200
            San Francisco, CA 94111
            Phone: (415) 692-5200
            Fax (415) 263-9200
            Email: csullivan@diamondmccarthy.com

Western Defendants are represented by:

            Eric Broch Simon, Esq.
            Law Offices of Eric B. Simon
            5829 San Juan Ave, Apt 19
            Citrus Hts, CA 95610-6566
            Phone: (707) 364-5402
            Fax: (408) 608-0316

Jane Younger, Defendant is represented by:

            Eric Broch Simon, Esq.
            Law Offices of Eric B. Simon
            5829 San Juan Ave, Apt 19
            Citrus Hts, CA 95610-6566
            Phone: (707) 364-5402
            Fax: (408) 608-0316

Tracy Hope Davis, Trustee is represented by:

            Judith C. Hotze, Esq.
            Trial Attorney of U.S. Trustee Region 17
            U.S. Department of Justice

Byron L. Younger, Jr., Defendant, Pro Se.

               About International Manufacturing

Deepal Wannakuwatte, the mastermind of a $150 million Ponzi scheme,
put himself and his company, International Manufacturing Group
Inc., into Chapter 11 after he pleaded guilty to one count of wire
fraud and agreed to a 20-year prison sentence.  The bankruptcy
filing was part of his plea bargain with federal prosecutors.  Mr.
Wannakuwatte is the former owner of the Sacramento Capitols tennis
team.

Mr. Wannakuwatte initiated his personal Chapter 11 case on May 30,
2014.  Hank Spacone was appointed as trustee for Wannakuwatte's
Chapter 11 estate.  Betsy Kathryn Wannakuwatte and Sarah Kathryn
Wannakuwatte also have pending Chapter 7 cases.

Mr. Wannakuwatte also submitted a Chapter 11 bankruptcy petition
for IMG on May 30, 2014 (Bankr. E.D. Cal. Case No. 14-25820) in
Sacramento.  The case is assigned to Judge Robert S. Bardwil.  The
Debtor tapped Marc A. Caraska, in Sacramento, as counsel.

In June 2014, Beverly N. McFarland was appointed as Chapter 11
trustee for IMG. She tapped Felderstein Fitzgerald Willoughby &
Pascuzzi LLP as her bankruptcy counsel; Diamond McCarthy LLP as her
special litigation counsel; Gabrielson & Company as accountant; and
Karen Rushing as bookkeeper outside the ordinary course of
business.

The U.S. Trustee for Region 7 appointed a three-member unsecured
creditors panel in IMG's case comprising of Byron Younger, Janine
Jones, and Steve Whitesides.


IRONCLAD PERFORMANCE: UST Objects to 3 Employment Applications
--------------------------------------------------------------
BankruptcyData.com reported that the U.S. Trustee assigned to the
Ironclad Performance Wear (ICPW) case filed with the U.S.
Bankruptcy Court objections to (1) the official committee of equity
security holders' motion to retain Dentons US as counsel; (2) the
official committee of unsecured creditors' motion to retain Brown
Rudnick as counsel and (3) the official committee of unsecured
creditors' motion to retain Province as financial advisor.  The
U.S. Trustee argues, "The Denton Application caption indicates that
it affects both debtors. The U.S. Trustee requests clarification
that Denton is seeking to be employed only by the Official
Committee of Equity Holders appointed in the Ironclad Performance
Wear Nevada case ('ICPW Nevada'), the case in which the Equity
Committee was formed.  The Province Application caption indicates
that the Application is for both debtors.  The Province Application
notes that Province is discussing retention by the Equity
Committee.  Absent employment by the Equity Committee, the U.S.
Trustee requests clarification that Province is seeking to be
employed only by the Official Committee of Unsecured Creditors
('OCC') in Ironclad Performance Wear, California ('ICPW
California'), the case in which the OCC was formed. In addition,
because of the facts and circumstances of these jointly
administered cases, the U.S. Trustee appointed two committees: the
OCC in ICPW California and the Equity Committee in ICPW Nevada.
Although each committee was appointed in only one of the two
jointly administered cases with constituents of differing
interests, there nonetheless appear to be certain overlapping
issues.  To the extent that duplication of services can be avoided
through coordination of efforts, absent conflicting interests, the
U.S. Trustee requests that the Applicants consider such
coordination, including with the debtor in possession's
professionals."

                About Ironclad Performance Wear

Ironclad Performance Wear Corporation designs and manufactures
branded performance work wear for a variety of construction,
do-it-yourself, industrial, sporting goods and general services
markets. Since inception, the company has leveraged its proprietary
technologies to design task-specific technical gloves and
performance apparel designed to improve the wearer's ability to
perform specific job functions.

Ironclad's gloves are available through industrial suppliers,
hardware stores, home centers, lumber yards, and sporting goods
retailers nationwide; and through authorized distributors in North
America, Europe, Australia, Middle East, Asia and South America.

Ironclad Performance Wear Corp, a California corporation and
Ironclad Performance Wear Corp, a Nevada corporation sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Cal. Case Nos. 17-12408 and 17-12409) on Sept. 8, 2017.  Geoffrey
L. Greulich, CEO, signed the petitions.  The cases are jointly
administered and are assigned to Judge Martin R. Barash.

Ironclad California estimated assets of $10 million to $50 million
and liabilities of $1 million to $10 million.  In its schedules,
Ironclad Nevada disclosed $16.6 million in assets and $8.05 million
in debt.

Levene, Neale, Bender, Yoo & Brill L.L.P serves as counsel to the
Debtor.  Craig-Hallum Capital Group LLC and Michael D. Schwarzmann,
are the Debtor's financial advisors.

On Sept. 22, 2017, the U.S. Trustee appointed an official committee
of unsecured creditors in the Debtors' cases.  The Creditors
Committee retained Brown Rudnick LLP as its legal counsel; and
Province Inc. as financial advisor.

An official committee of equity security holders also has been
established in the case.  The equity panel retained Dentons US LLP
as counsel.


JC PENNEY: Bank Debt Trades at 8.58% Off
----------------------------------------
Participations in a syndicated loan under JC Penney is a borrower
traded in the secondary market at 91.42 cents-on-the-dollar during
the week ended Friday, November 3, 2017, according to data compiled
by LSTA/Thomson Reuters MTM Pricing.  This represents a decrease of
3.88 percentage points from the previous week. JC Penney pays 425
basis points above LIBOR to borrow under the $1.688 billion
facility. The bank loan matures on June 15, 2023 and Moody's B1
rating and Standard & Poor's B+ rating.  The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
November 3.




KANSAS CITY INTERNAL: Proposes Sal of Assets to Statland for $139K
------------------------------------------------------------------
Kansas City Internal Medicine, P.A., asks the U.S. Bankruptcy Court
for the District of Kansas to authorize bidding procedures in
connection with the sale of assets located in a medical building
next to Menorah Medical Center in Overland Park, Kansas and more
specifically 12140 Nall Avenue, Ste 100 and 300, Overland Park,
Kansas to Statland Medical Group, Inc. for $139,036, subject to
higher and better bids.

The Debtor operated multiple medical treatment facilities on both
sides of the Kansas - Missouri State Line in the Kansas City
Metropolitan Area with an emphasis on internal medicine, but
decided that the continued operation of the medical treatment
facilities was not profitable.  As a result, on Nov. 1, 2017, the
Debtor entered into the Operations Agreement and Furniture and
Equipment Lease Agreement with Statland.

It is contemplated that the Statland Equipment Lease will
terminate, once the sale proposed pursuant to the Motion has been
closed.

Pursuant to the Asset Purchase Agreement between the Debtor and
Statland, the Debtor proposes to sell the Property for $139,036,
payable in full and in cash at closing, free and clear of Liens.
For avoidance of doubt the sale includes the name and service mark
"Kansas City Internal Medicine."  The Property, which consists of
only a portion of the Debtor's personal property, includes
equipment, inventory, certain intangible assets, and other assets
described in the Sale Agreement.

The equipment and materials that are being sold as part of the Sale
Agreement are those assets located in a medical building next to
Menorah Medical Center in Overland Park, Kansas and more
specifically 12140 Nall Avenue, Ste 100 and 300, Overland Park,
Kansas.  The proposed sale does not include the equipment and
materials located at 5401 College Blvd., Overland Park, Kansas; 501
NW Murray Road, Lee's Summit, Missouri; 1010 Carondelet Drive, Stes
124A and B and 224A Kansas City, Missouri; 1310 E. 104 Street,
Kansas City, Missouri.

Statland has entered into employment agreements with certain of the
Debtor's shareholders and other employed individuals who performed
services at the location.  In particular, the Debtor has eight
physician shareholders and, just prior to filing, five
non-shareholder physicians were affiliated with the Debtor.
Signature Medical Group, Inc. technically employed all of the
doctors and approximately 50 non-physician employees.  Statland now
employs two non-shareholder physicians who were previously
affiliated with the Debtor, three physicians who are shareholders
of the Debtor, and approximately 31 former non-physician employees
of Signature Medical Group.

The Property to the Sale Agreement was appraised for $139,036 on
Nov. 1, 2017.  The Purchase Price is substantially equal to the
fair market value of the assets.  There are no brokers involved in
consummating the Sale Agreement and no brokers' commissions are
due.  The Sale Agreement requires that the sale close no later than
14 days after the Sale Order is entered.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Dec. 4, 2017, at 5:00 p.m. (PCT)

     b. Deposit: 10% of the Competing Offer

     c. Competing Offer: Not less than an amount equal to the sum
of the Purchase Price and Minimum Overbid

     d. Auction: If the Debtor receives one or more Qualified
Offers, the Debtor will conduct an auction of the Property at the
Court on Dec. 8, 2017 at 9:00 a.m. (PCT), at which the Property
will be offered for sale in a single lot.

     e. Minimum Overbid: $10,000

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

     http://bankrupt.com/misc/Kansas_City_Internal_11_Sales.pdf

The Debtor may accept one or more back-up bids at the conclusion of
the Auction.  In the event Debtor does not receive a Qualified
Offer, the day after the Bid Deadline, the Debtor will file with
the Court and serve upon the Notice Parties a notice that the
Auction has been cancelled and the Property will be sold to
Statland for the Purchase Price.

In the event it does receive one or more Qualified Offers, the
Debtor will proceed with the Auction and, at the conclusion of the
Auction, will file with the Court and serve upon the Notice Parties
a notice setting forth the amount of the Winning Bid and the
identity of the Winning Bidder.  Upon the expiration of seven days
after the filing of a notice with the Court, if no objections have
been filed with respect to such notice, the Court will enter the
Sale Order confirming the sale to Statland or the Winning Bidder.

If an objection is filed before the Objection Deadline, the Court
will schedule a hearing within 21 days to consider such objection
and confirmation of the sale to Statland or the Winning Bidder, as
applicable.

The Purchaser:

          STATLAND MEDICAL GROUP, LLC
          12140 Nall Avenue, Suite 100
          Overland Park, KS 66209

                  - and -

          ONE PARK PLAZA
          P.O. Box 550
          Nashville, TN 37203
          Attn: Senior Operational Counsel - Midwest Division

                 About Kansas City Internal Medicine

Kansas City Internal Medicine, P.A. -- https://www.kcim.com/ -- a
division of Signature Medical Group, is a private internal medicine
physician practice with more than 170 employees serving over
135,000 patient visits per year.  KCIM specializes in internal
medicine, endocrinology, rheumatology, podiatry, integrative
medicine, personalized healthcare, clinical psychology, and
chiropractic.  It also offers additional services including full
service laboratory, ultrasound, bone density, intravenous infusion
treatments, weight health and wellness, and diabetic shoe
consultations.  

The company's gross revenue amounted to $3.86 million in 2016 and
$26.69 million in 2015.  KCIM has locations in Kansas City and
Lee's Summit, Missouri and in Overland Park in Kansas.

Kansas City Internal Medicine, P.A., sought Chapter 11 protection
(Bankr. D. Kan. Case No. 17-22168) on Nov. 8, 2017.  David Wilt,
MD, president, signed the petition.  The Debtor disclosed total
assets at $567,000 and total liabilities at $1,477,611.  Judge Dale
L. Somers presides over the case.  The Debtor disclosed Colin N.
Gotham, Esq., at Evans & Mullinix, P.A., as counsel.


KATY INDUSTRIES: Seeks to Sell Dennison Land Parcel for $400,000
----------------------------------------------------------------
BankruptcyData.com reported that Katy Industries filed with the
U.S. Bankruptcy Court a motion authorizing the Company to consent
to and take any further actions that it determines are reasonably
necessary or appropriate to consummate, the sale of a real estate
parcel of land located in Denison, Texas ("Denison Parcel").  The
Denison Parcel is owned by non-debtor subsidiary W.J. Smith Wood
Preserving Company and is being sold to EIP Communications I.  The
motion explains, "The proposed sale transaction contemplates that
the Denison Parcel will be sold for $400,000 in a private sale
after an extensive, multi-month marketing process and following
arm's-length negotiations with the Buyer.  Upon the closing of the
Denison Sale, the net proceeds from the Denison Sale will be
disbursed directly to Jansan Acquisition, the purchaser of
substantially all of the Debtors' assets, in accordance with, and
as required by, the Final APA and the Sale Order.  Katy submits
that it has exercised its reasonable business judgment, subject to
this Court's approval, to consent to and authorize the Denison
Sale, which Katy has determined to be the most viable, fair, and
best option currently available to maximize the value of the
Denison Parcel and to fulfil the Debtors' obligations under the
Final APA."

                     About Katy Industries

Katy Industries, Inc. -- http://www.katyindustries.com/-- a
publicly traded Delaware corporation, and its wholly-owned direct
and indirect subsidiaries were organized as a Delaware corporation
in 1967.  The Company is a well-known manufacturer, importer, and
distributor of commercial cleaning and consumer storage products as
well as a contract manufacturer of structural foam products.  It
distributes its products across the United States and Canada.   It
is best known for such brands as Continental, Huskee, Color Guard,
Wilen, Muscle Mop, Contico, Tuffbin, and SilverWolf, among many
others.

The Company operates three manufacturing facilities located in
Jefferson City, Missouri, Tiffin, Ohio, and Fort Wayne, Indiana,
with its corporate headquarters located in St. Louis, Missouri.

Katy Industries, Inc., and its affiliates filed a voluntary
petition for relief under the Bankruptcy Code (Bankr. D. Del. Lead
Case No. 17-11101) on May 14, 2017.  Lawrence Perkins, its chief
restructuring officer, signed the petitions.

Katy Industries disclosed $821,321 in assets and $58,421,346 in
liabilities.

Stuart M. Brown, Esq., at DLA Piper LLP (US), represent the Debtors
as bankruptcy counsel.  The Debtors hired JND Corporate
Restructuring as their claims and noticing agent.

On July 31, 2017, the Office of the U.S. Trustee formed a committee
of retirees.  The Retirees' Committee hired Womble Carlyle
Sandridge & Rice, LLP as legal counsel.


KEVIN WRIGHT: Proposes Sale of Philadelphia Property for $85K
-------------------------------------------------------------
Kevin J. Wright asks the U.S. Bankruptcy Court for the Eastern
District of Pennsylvania to authorize the sale of real property
located at 1435 Myrtlewood Street, Philadelphia, Pennsylvania, to
Philadelphia Renovation Group, LLC, for $85,000.

The Debtor owns the property.  He received an offer from the
Purchaser to purchase the property for the sum of $85,000, with
$5,000 earnest money, in accordance with the Agreement of Sale.
The settlement date is Nov. 15, 2017.

With the exception of certain liens of the City of Philadelphia
which the Debtor estimates at approximately $10,000, he is unaware
of any encumbrances on the property.  

The Debtor is authorized to pay at closing, real estate and
transfer taxes, water/sewer liens, any and all other liens or
encumbrances and ordinary settlement costs, and 6% realtor's
commission to Keller Williams, Center City.

The Debtor believes the sale to be fair and reasonable and in the
best interests of the Estate.

A copy of the Agreement attached to the Motion is available for
free at:

     http://bankrupt.com/misc/Kevin_Wright_178_Sales.pdf

The Purchaser:

          PHILADELPHIA RENOVATION GROUP, LLC
          206 S. Manor Road
          Havertown, PA 19083

Kevin J. Wright sought Chapter 11 protection (Bankr. E.D. Penn.
Case No. 15-17104) on Oct. 1, 2015.

Counsel for the Debtor:

          Michael H. Kaliner, Esq.
          ADELSTEIN & KALINER, LLC
          350 S. Main Street Suite 105
          Doylestown, PA 18901
          Telephone: (215) 230-4250


LE-MAR HOLDINGS: Committee Hires Tarbox Law as Local Counsel
------------------------------------------------------------
The Official Committee of Unsecured Creditors of Le-Mar Holdings,
Inc. seeks approval from the U.S. Bankruptcy Court for the Northern
District of Texas to retain Max Tarbox or Tarbox Law, P.C. as local
counsel.

Services required of Tarbox are:

     a. appear as Local Counsel on behalf of the Unsecured
        Creditor's Committee; and

     b. assist the Attorney for the Unsecured Creditor's
        Committee with preparation of motions, notices, orders
        and legal papers necessary to comply with the requisites
        of the United States Bankruptcy Code and Bankruptcy
        Rules.

Max Tarbox attests that his firm has no connection with the U.S.
Trustee or any other creditors of the estate or any
parties-in-interest that have interests adverse to the Debtor.

The local counsel can be reached through:

     Max R. Tarbox
     Tarbox Law, P.C.
     2301 Broadway
     Lubbock, TX 79401
     Phone: (806) 686-4448
     Fax: (806) 368-9785

                    About Le-Mar Holdings Inc.

Le-Mar Holdings, Inc., is a mid-sized company in the general
freight trucking business with operations in Grand Prairie,
Amarillo, Midland, Abilene, San Angelo, Austin, San Antonio, Lufkin
and Lubbock.

Chuck and Tracey Edwards own approximately 63.9% of the equity
interests in Le-Mar while the Lawrence and Margie Edwards'
Grand-Children's Trust owns approximately 36.1% of the equity
interests.  Le-Mar Holdings owns 100% of the equity interests of
Edwards Mail Service, Inc., and 50% of the membership interests of
Taurean East, LLC.  Chuck and Tracey Edwards own 50% of the
membership interests of Taurean East.

Le-Mar Holdings, Edwards Mail and Taurean East sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case Nos.
17-50234 to 17-50236) on Sept. 17, 2017.  Chuck Edwards, president,
signed the petitions.

At the time of the filing, Le-Mar Holdings estimated assets and
liabilities of $1 million to $10 million.

Judge Robert L. Jones presides over the case.

David L. Campbell, Esq., at Underwood Perkins, P.C., and Mark N.
Parry, Esq., at Moses & Singer LLP, serve as the Debtors'
bankruptcy counsel.

On Oct. 12, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


LIFETIME INDUSTRIES: Wants to Use Cash to Pursue Asset Liquidation
------------------------------------------------------------------
Lifetime Industries, Inc., asks the U.S. Bankruptcy Court for the
Western District of Tennessee to authorize the Debtor's immediate
and continued use of cash collateral to pay expenses which will be
incurred in relation to the auction and continuing liquidation of
estate assets after the auction, including collection of accounts
receivable.

The Debtor's business has generally declined and is no longer
profitable.  As such, the Debtor has decided to orderly liquidate
its assets and pay its creditors. The Debtor will sell, outside the
ordinary course, its remaining inventory of tile and countertop
material, as well as shelving and equipment that will no longer be
needed for the process of orderly liquidation.

The Debtor will hold a public auction on Nov. 9, 2017, to sell its
personal property free and clear of liens with all liens attaching
to all proceeds of the auction.  The Debtor is simultaneously
filing its expedited motion for authorization to sell personal
property free and clear of liens outside the ordinary course of
business.

The Debtor owes approximately $722,000 to Rio Bank secured by a
lien on the Debtor's inventory, equipment and accounts receivable.
The Debtor believes that this debt maybe assigned and transferred
to John Schrock, Sr.

The Debtor claims that there are also second liens to the Internal
Revenue Services and a third lien to John Schrock, Sr. for a line
of credit advances up to $125,000 for new value funds for
operations advanced pre-petition.

The Debtor asserts that the use of cash collateral will provide
adequate protection to Rio Bank or Rio Bank's transferee by
maintaining the on-going liquidation of the Debtor and allowing the
auction to proceed.

The Debtor proposes to provide continuing post-petition liens to
the Rio Bank and any other secured party having valid prepetition
security interests in cash collateral in the same priority, extent
and validity as prepetition.  The Debtor will also provide adequate
protection by maintaining insurance.  Moreover, the Debtor intends
to submit a liquidating plan to pay other secured and unsecured
parties.

A full-text copy of the Debtor's Motion, dated Nov. 7, 2017, is
available at https://is.gd/IwsFHQ

Lifetime Industries, Inc., has been in the business of supplying
floor tile, countertops and other building materials to the
construction industry in McAllen, Texas and the lower Rio Grande
Valley for some 30 years and filed a Chapter 11 petition (Bankr.
S.D. Tex. Case No. 17-70441) on Nov. 7, 2017.

The Debtor is represented by:

         Kurt Stephen, Esq.
         Law Office of Kurt Stephen, PLLC
         100 South Bicentennial
         McAllen, Texas 78501
         Telephone: (956) 631-3381
         Facsimile: (956) 687-5542


LIGHTHOUSE NETWORK: S&P Affirms B CCR Amid Debt-Funded Acquisition
------------------------------------------------------------------
U.S. merchant acquirer and software provider Lighthouse Network LLC
(formerly known as Harbortouch Payments LLC) is raising debt to
fund the acquisition of a payment platform provider, which will
result in pro-forma adjusted debt to EBITDA in the high 6x range at
the close of the transaction.

S&P Global Ratings affirmed its 'B' corporate credit rating on
Allentown, Pa.-based Lighthouse Network LLC. The outlook is stable.


S&P said, "At the same time, we assigned our 'B+' issue-level
rating to the company's proposed first-lien credit facility,
consisting of a $390 million first-lien term loan due 2024 and a
$40 million revolver due 2022. The '2' recovery rating reflects our
expectation for substantial (70% to 90%; rounded estimate: 85%)
recovery in the event of a payment default.

"We also assigned our 'CCC+' issue-level rating to the company's
proposed $170 million second lien term loan due 2025. The '6'
recovery rating indicates our expectation for negligible (0%-10%;
rounded estimate: 0%) recovery in the event of a payment default.

"Our 'B' corporate credit rating on Lighthouse Network reflects the
company's relatively small scale and market share in a highly
fragmented market, its modest organic growth, and its highly
leveraged financial risk profile.

"The stable outlook reflects our expectation that Lighthouse will
grow organic net revenues in the low-single-digit percentage range,
with stable EBITDA margins, and successfully integrate its four
recent acquisitions while sustaining leverage below 7x.

"We could lower the rating if weak operating performance or high
merchant attrition results in an EBITDA decline. We could also
lower the rating if the company adopts a more aggressive financial
policy such that leverage remains above 7x, or if free cash flow
approached breakeven.

"Considering the company's high leverage, small market share, and
industry vertical concentration, a rating upgrade is unlikely over
the next 12 months. Over the longer term, however, we could raise
the rating if the company achieves steady operating growth with
continued client adoption of its payments and software solutions,
and if leverage declines to and is sustained below 5x."


LOMBARD PUBLIC: Asks Court to Approve Disclosure Statement
----------------------------------------------------------
Lombard Public Facilities Corporation filed a motion asking the
U.S. Bankruptcy Court for the Northern District of Illinois for an
entry of an order approving its disclosure statement, establishing
the procedures for the solicitation and tabulation of votes to
accept or reject its proposed plan of reorganization, and setting
the confirmation hearing and related deadlines.

The Debtor proposes that Jan. 11, 2018 at 10:00 a.m. (prevailing
Central Time) be fixed by the Court as the date for a hearing to
consider confirmation of the Plan.

The Debtor also requests that the Court fix Jan. 4, 2018 at 4:00
p.m. (prevailing Central Time) as the last date for filing and
serving written objections to confirmation of the Plan.

The Debtor further requests that the Court set Jan. 9, 2018, which
is two business days prior to the Confirmation Hearing, as the
deadline for the Debtor, or any other party supporting confirmation
of the Plan, to reply to a Plan Objection.

The Plan is founded on the consensual restructuring arrived at
amongst the Debtor, the Village of Lombard, ACA Financial Guaranty
Corporation, Oppenheimer Rochester High Yield Maintenance Fund,
certain funds managed by Nuveen Asset Management LLC, Westin Hotel
Management Lombard, LLC and HC Management Lombard, LLC.

The Consensual Restructuring is memorialized in that certain
Restructuring Support Agreement dated as of July 25, 2017 by and
among the Debtor, the Consenting Bondholders, the Village and the
Bond Insurer (the "Global RSA"); that certain Restructuring Support
Agreement dated July 19, 2017 by and among the Debtor, the Hotel
Manager and the Bond Insurer; and that certain Restructuring
Support Agreement dated July 19, 2017 by and among the Debtor, the
Bond Insurer and the Restaurant Manager.

The Global RSA incorporates a term sheet which sets forth the
agreed upon terms of a plan of reorganization, including, inter
alia, the treatment of the Claims under a plan; the sources and
uses of funds to implement the Consensual Restructuring; and the
additional critical relief to be sought in the Chapter 11 Case.

Each Holder of an Allowed Class 6 Claim will receive its Pro Rata
Share of the Net Litigation Proceeds; provided that to the extent
that the Asset Manager or any of its Affiliates hold Allowed Claims
in Class 6, the Asset Manager and its Affiliates will not be
entitled to receive any portion of the Net Litigation Proceeds
relating to Causes of Action against the Asset Manager or its
Affiliates. Class 6 is impaired.

The provisions of the Plan constitute a good faith compromise and
settlement in consideration for the Distributions and other
benefits provided under the Plan, of all Claims and controversies
resolved under the Plan, including, without limitation, the
settlement of Claims and controversies between and among the
Debtor, the Village, the Bond Insurer, the holders of Series 2005
Bonds, the Hotel Manager, and the Restaurant Manager. The entry of
the Confirmation Order will constitute the Bankruptcy Court’s
approval of such compromises and settlements.

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

     http://bankrupt.com/misc/ilnb17-22517-203.pdf

           About Lombard Public Facilities Corp.

Lombard Public Facilities Corporation was established in 2003 by
the affluent Lombard Village in Illinois, to finance the
construction of a hotel and convention center, and is the owner of
the hotel and convention center for as long as any bonds remain
outstanding.  The hotel and convention center, which opened in
2007, includes 500 guest rooms and 39,000 square feet of flexible
meeting space with two full-service restaurants. The Hotel is and
has been operated and managed under the Westin brand by Westin
Hotel Management, L.P.

Lombard Public Facilities Corporation sought Chapter 11 protection
(Bankr. N.D. Ill. Case No. 17-22517) on July 28, 2017, after
reaching deals to restructure $246.6 million in debt. The petition
was signed by Paul Powers, president.

The Debtor estimated assets of $10 million to $50 million and debt
of $100 million to $500 million.

The Hon. Jacqueline P. Cox is the case judge.

The Debtor hired Adelman & Gettleman, Ltd. as bankruptcy counsel;
and Klein Thorpe & Jenkins, Ltd. and Taft Stettinius & Hollister,
LLP as special counsel.  Epiq Bankruptcy Solutions, LLC is the
noticing, claims, and/or solicitation agent.

The Debtor has long retained Klein, Thorpe, & Jenkins, Ltd. ("KTJ")
as its corporate counsel, and James D. Shanahan, now of the firm of
Taft, Stettinius & Hollander LLP ("TSH"), as its bond and tax
counsel.

EisnerAmper, which was engaged by the Debtor two years prior to the
petition date, is the financial advisor in the Chapter 11 case.


LONG BROOK: Proposes Sale of Stratford Real Property for $825K
--------------------------------------------------------------
Long Brook Station, LLC, asks the U.S. Bankruptcy Court for the
District of Connecticut to authorize the sale of real property
located at 3044 Main Street, Stratford, Connecticut to Nelson
DaSilva and Rafael Marin, or an entity designated by them, for
$825,000, subject to overbid.

Prior to the Petition Date, the Property was the subject of a
foreclosure judgment issued by the Connecticut Superior Court,
Judicial District of Waterbury in favor of Manuel Moutinho,
Trustee.  

The Debtor obtained title to the Property with the intent to obtain
zoning approval for development of the Property to maximize its
value.  The Property had included an abandoned residence.  In order
to maximize the value of the Property and prepare it for future
development, the Debtor demolished the existing structure and paved
the Property to make it appropriate for parking.

The Debtor obtained title to the Property subject to the liens held
by (i) the Town of Stratford and the State Tax Collection Agency,
LLC for unpaid real estate taxes; (ii) the Trustee for a mortgage
securing a note in the original principal amount of $500,000; (iii)
a mortgage in favor of IP Media Products, LLC; (iv) seven mortgages
held Ebay Wanted, Inc. as a result of mergers of entities holding
mortgages against the Property into Ebay Wanted, Inc.; (v) a
mortgage held by Albina Pires; (vi) a mortgage held by Gus Curcio,
Jr.; (vii) a mortgage held by Robin Cummings; (viii) a mortgage
held by Joseph Regensburger, (ix) a mortgage held by the Estate of
Faye Kish; and (x) a mortgage held by Richard Urban and (xi) a
mortgage held by Dahill Donofrio.

As of the Petition Date, the Trustee has an alleged secured claim
of $647,962.  Since the Petition Date and pursuant to orders of the
Court, the Debtor has been making monthly adequate protection
payments to the Trustee.

By order dated Feb. 22, 2017, the Debtor retained DeLibro Realty
Group, LLC to market the Property for sale.  Since that date,
DeLibro has engaged in a marketing campaign calculated to obtain
the best price for the sale of the Property.

On Oct. 27, 2017, the Debtor filed its Tenth Amended Joint
Disclosure Statement and Tenth Amended Joint Plan of
Reorganization.  The Plan calls for a sale of the Property to fund
payments to creditors pursuant to its terms.  The sale contemplated
is made pursuant to the terms of the Plan and the Debtor asks an
order of the Court that the contemplated sale be free and clear of
any and all transfer and conveyance taxes.

After extensive marketing by DeLibro and negotiation with
interested purchasers, the Debtor has determined that the offer it
received from the Proposed Purchaser was the best offer available
for the Property.  The parties have engaged in extensive
negotiations regarding the terms of sale, culminating in the
execution of the Agreement of Purchase and Sale dated as of Aug.
31, 2017, as amended and modified by Addendum dated Oct. 3, 2017.

The Purchase Agreement provides that the Proposed Purchaser will
buy the Property for $825,000, payable by a deposit in the
aggregate amount of $82,500 paid at execution of the Purchase
Agreement, which Deposit is being held by the Debtor's counsel,
with the balance of the Purchase Price due at Closing.  

The balance of the Purchase Price will be paid as follows: (i)
$517,500 cash at Closing and (ii) a promissory note in the amount
of $225,000 ("Purchase Money Note") made by the Proposed Purchaser
and payable to the order of the Debtor, which note will bear
interest at the rate of 10% per annum and will be due and payable
in full on the first anniversary thereof.  The Purchase Money Note
will be secured by a mortgage covering the Property in favor of the
Debtor.  The Proposed Purchaser is purchasing the Property "as is,"
free and clear, and has waived all contingencies to Closing.  The
Closing will occur within five days of entry of an order approving
the sale.

The Debtor is asking to sell the Property free and clear of all
liens (other than outstanding real estate tax liens), claims,
interests, and encumbrances, including, without limitation:

     a. that Mortgage from the Debtor in favor of Manuel Moutinho,
Trustee for the Mark IV Construction Co., Inc. Defined Benefit
Pension Plan in the principal amount of $500,000 dated and recorded
on Nov. 9, 2007 at Volume 3124, Page 15 as assigned to Manuel
Moutinho, Trustee for Mark IV Construction Co., Inc. 401(k) Savings
Plan;

     b. that Mortgage from the Debtor held by IP Media Products,
LLC and originally in favor of Landbank Investments, LLC in the
principal amount of $300,000 dated and recorded on Nov. 9, 2007 at
Volume 3124, Page 21 of the Stratford Land Records;

     c. that Mortgage from the Debtor held by Ebay Wanted, Inc. and
originally in favor of Rio, Inc. in the principal amount of $5,000
dated Feb. 1, 2009 and recorded on Oct. 28, 2009 at volume 3330,
Page 28 of the Stratford Land Records;

     d. that Mortgage from the Debtor held by Ebay Wanted, Inc.,
and originally in favor of Oronoque 15, LLC in the principal amount
of $5,000 dated Feb. 1, 2009 and recorded on Oct. 28, 2009 at
Volume 3330, Page 43 of the Stratford Land Records;

     e. that Mortgage from the Debtor in favor of Albina Pires in
the principal amount of $1,500 dated July 6, 2010 and recorded on
Sept. 20, 2010 at volume 3411, Page 175 of the Stratford Land
Records;

     f. that Mortgage from the Debtor in favor of Gus Curcio, Jr.
in the principal amount of $1,000 dated July 6, 2010 and recorded
on Nov. 22, 2010 at volume 3429, Page 154 of the Stratford Land
Records;

     g. that Mortgage from the Debtor in favor of Robin Cummings in
the principal amount of $800 dated September 2010 and recorded on
Nov. 30, 2010 at Volume 3431, Page 311 of the Stratford Land
Records;

     h. that Mortgage from the Debtor in favor of Joseph
Regensburger in the principal amount of $5,000 dated June 29, 2010
and recorded on Jan. 19, 2011 at Volume 3449, Page 246 of the
Stratford Land Records;

     i. that Mortgage held by Ebay Wanted, Inc. and originally in
favor of Cell Phone Club, Inc. in the principal amount of $1,000
dated September 2010 and recorded on April 7, 2011 at Volume 3468,
Page 170;

     j. that Mortgage held by Ebay Wanted, Inc. and originally in
favor of Out Law Boxing Kats, Inc. in the principal amount of
$1,000 dated September 2010 and recorded on April 7, 2011 at Volume
3468, Page 174 of the Stratford Land Records;

     k. that Mortgage held by Ebay Wanted, Inc. and originally in
favor of Millionair Club, Inc. in the principal amount of $1,000
dated September, 2010 and recorded on April 7, 2011 at Volume 3468,
Page 178 of the Stratford Land Records;

     l. that Mortgage held by Ebay Wanted, Inc. and originally in
favor of City Streets, Inc. in the principal amount of $1,000 dated
September 2010 and recorded on April 7, 2011 at Volume 3468, Page
287 of the Stratford land Records;

     m. that Mortgage in favor of the Estate of Faye Kish in the
original principal amount of $500 dated September 2010 and recorded
on April 13, 2011 at Volume 3469, Page 315 of the Stratford Land
Records;

     n. that Mortgage in favor of Richard Urban in the principal
amount of $1,200 dated Sept. 1, 2010 and recorded on April 13, 2011
at Volume 3469, Page 332 of the Stratford Land Records; and

     o. that Mortgage in favor of Dahill Donofrio in the principal
amount of $2,000 dated July 6, 2010 and recorded on April 13, 2011
at Volume 3469, Page 334 of the Stratford Land Records.

By the Motion, the Debtor asks approval of certain Bidding
Procedures for a sale of the Property.  The salient terms of the
Bidding Procedures are:

     a. Qualifying Bid: $850,000

     b. Good Faith Deposit: $82,500

     c. Bid Deadline: Dec. 18, 2017 at 2:00 p.m. (EST)

     d. Auction: The Auction will take place at 2:00 p.m. on Dec.
18, 2017 at the Court, 157 Church Street, 18th Floor, New Haven,
Connecticut.

     e. Bid Increments: $25,000

     f. Sale Hearing: The Debtor asks that the Court schedules the
Sale Hearing for Dec. 18, 2017.

     g. Sale Objection Deadline: The Debtor asks that the Court
sets Dec. 11, 2017 as a deadline for objecting to the proposed sale
of the Property.

The Debtor asks authority for its closing counsel to make
disbursements at the closing from the proceeds of sale, in
accordance with the usual and ordinary real estate closing
practices and as required by the Purchase Agreement, and to pay all
outstanding tax lien claims due to the Town of Stratford and State
Tax Collection Agency, LLC from the closing proceeds.

The Debtor asks waiver of the stay imposed by Section 6004(h) of
the Bankruptcy Rules to allow the closing on the sale to occur
within 14 days of approval of the Motion.

                     About 500 North Avenue

500 North Avenue, LLC, and Long Brook Station, LLC, filed Chapter
11 petitions (Bankr. D. Conn. Case Nos. 14-31094 and 14-31095) on
June 6, 2014.  The petitions were signed by Joseph Regensburger,
member.

At the time of filing, 500 North Avenue estimated $1 million to $10
million in assets and $10 million to $50 million in liabilities;
and Long Brook Station estimated $500,000 to $1 million in assets
and $1 million to $10 million in liabilities.

The cases are assigned to Judge Julie A. Manning.

The Debtors are represented by Douglas S. Skalka, Esq., at Neubert,
Pepe, and Monteith, P.C.

On Feb. 22, 2017, DeLibro Realty Group, LLC, was appointed as
broker.


M & G USA: Held Nov. 13 Meeting to Form Creditors' Panel
--------------------------------------------------------
Andy Vara, Acting United States Trustee for Region 3, was scheduled
to hold an organizational meeting on Nov. 13, 2017, at 10:00 a.m.
in the bankruptcy case of M & G USA Corporation, et al.

The venue of the meeting was:

               The Doubletree Hotel
               700 King Street
               Wilmington, DE 19801

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

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

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

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

                     About M & G USA Corporation

M & G USA Corporation and affiliates simultaneously sought Chapter
11 protection on October 30, 2017: M & G USA Corporation (Lead
Case) (Bankr. D. Del. Case No. 17-12307); M & G USA Holding, LLC
(Bankr. D. Del. Case No. 17-12308); M & G Resins USA, LLC (Bankr.
D. Del. Case No. 17-12309); M & G Finance Corporation (Bankr. D.
Del. Case No. 17-12310); M&G Waters USA, LLC (Bankr. D. Del. Case
No. 17-12311); Chemtex International Inc. (Bankr. D. Del. Case No.
17-12312); Chemtex Far East, Ltd. (Bankr. D. Del. Case No.
17-12313); Indo American Investments, Inc. (Bankr. D. Del. Case No.
17-12314); Mossi & Ghisolfi International S.a.r.l. (Bankr. D. Del.
Case No. 17-12315); M&G Chemicals S.A. (Bankr. D. Del. Case No.
17-12316); and M&G Capital S.a.r.l. (Bankr. D. Del. Case No.
17-12317).

The petition was signed by Dennis Stogsdill, chief restructuring
officer.  The Hon. Brendan L. Shannon presides over the case. Scott
J. Greenberg, Esq., Carl E. Black, Esq. and Stacey L. Corr-Irvine,
Esq. at Jones Day stand as the Debtors' counsel.  Alvarez & Marsal
North America, LLC represents the Debtors as restructuring advisor
and Rothschild Inc serves as investment banker.

At the time of filing, the Debtors estimate $1 billion to $10
billion both in assets and liabilities.

Founded in 1953, M&G Group is a privately owned chemical company in
Italy and is controlled through the holding company M&G Finanziaria
S.p.A.  The M&G Group -- specifically, its chemicals division,
which includes the Debtors -- is a producer of polyethylene
terephthalate resin for packaging applications.


MAC ACQUISITION: To Get Up to Additional $8.5MM in Financing
------------------------------------------------------------
Mac Acquisition, LLC, and its affiliates filed with the U.S.
Bankruptcy Court for the District of Delaware a disclosure
statement dated Oct. 25, 2017, referring to the Debtors' joint plan
of reorganization.

Class 5 General Unsecured Claims are impaired by the Plan.  On the
Effective Date, or as soon thereafter as reasonably practicable,
except to the extent that a holder of an Allowed General Unsecured
Claim agrees to less favorable treatment, in full and final
satisfaction, settlement, release, and discharge of and in exchange
for the claim, each holder of an Allowed General Unsecured Claim
will receive:

     a. if Class 5 votes in favor of the Plan, its pro rata share
        of the General Unsecured Claim Cash Pool; or

     b. if Class 5 rejects the Plan, no distribution on account of
        its Allowed General Unsecured Claim.  The Debtors
        anticipate that holders of Allowed General Unsecured
        Claims will receive [__]–[__]% recovery under the Plan.

On the Effective Date, the term of each member of the current
boards of directors or manager of the Debtors will expire, and the
board or manager of each of the Reorganized Debtors, as well as the
officers of each of the Reorganized Debtors, will consist of those
individuals that will be identified in the Plan Supplement.
Following the Effective Date, the appointment and removal of the
members of the board or manager of each of the Reorganized Debtors
will be governed by the terms of each Reorganized Debtor's
respective entity governance documents.  Raven will be granted the
observation rights set forth in the Exit Facility Documents from
and after the Effective Date.

The Plan provides that, upon the Effective Date, the provisions of
the Plan will constitute a good faith compromise and settlement of
all claims, interests and controversies resolved pursuant to
section 1123 of the Bankruptcy Code and Bankruptcy Rule 9019, in
consideration for the classification, distributions, releases and
other benefits provided under the Plan.  Distributions made under
the Plan to holders of allowed claims in any Class are intended to
be final.

The treatment of creditors and distribution of assets under the
Plan contemplates a comprehensive agreement under which the Debtors
and the other parties to the Restructuring Support Agreement have
consensually resolved or agreed not to pursue claims, objections,
litigation, or other disputes that otherwise likely would arise and
be required to be resolved in the Chapter 11 cases, including,
among other things and solely by way of example, potential disputes
related to the amount, validity and scope of secured claims and
their attendant liens, the potential avoidance of liens and
security interests, the funding of administrative expenses in the
Chapter 11 cases, funds (if any) available to pay unsecured claims,
and the valuation of the
Debtors and their assets.

Pursuant to the Plan, on the Effective Date, the Exit Facility
Documents will be executed and delivered by the Reorganized Debtors
and Exit Facility Agent and Lenders.  Confirmation of the Plan will
be deemed to constitute approval of the Exit Facility, and the Exit
Facility Documents, and, subject to the occurrence of the Effective
Date, authorization for the Reorganized Debtors to enter into and
perform their obligations in connection with the Exit Facility
without the need for any further action.

Subject to the satisfaction of the terms and conditions of the Exit
Facility Term Sheet, (a) the DIP Facility Claims may be
indefeasibly satisfied by an in-kind exchange on a
dollar-for-dollar basis for obligations of the Reorganized Debtors
(and their non-debtor affiliates and guarantors) under the Exit
Facility; provided, however, that fees and expenses due and payable
under the DIP Credit Agreement will be paid in full in cash on the
Effective Date, and (b) the Exit Facility Agent and Lenders have
committed, subject to the terms and conditions of the Exit Facility
Term Sheet, to provide up to an additional $8.5 million in
financing.  The Exit Facility liens will have the same respective
priorities as the DIP facility.

The Plan provides that the issuance of New Equity Interests by
Reorganized Mac Parent is authorized without the need for any
further entity action or without any further action by a holder of
claims or interests.  On the Effective Date (or as soon as
reasonably practicable thereafter), the New Equity Interests will
be issued, subject to the provisions of the Plan, pro rata to the
holders of the Riesen Funding Claims.  The New Equity Interests
will be subject to dilution by any equity in Reorganized Mac Parent
issued pursuant to the Exit Facility Documents.

The Plan provides that all of the New Equity Interests issued
pursuant to the Plan will be duly authorized and validly issued.
Each Distribution and issuance referred to in Article VII of the
Plan will be governed by the terms and conditions set forth therein
applicable to distribution or issuance and by the terms and
conditions of the instruments evidencing or relating to the
distribution or issuance, including the Reorganized Mac Parent
Operating Agreement, which terms and conditions will bind each
person receiving distribution or issuance.  Upon the Effective
Date, the Reorganized Mac Parent Operating Agreement will be deemed
to become valid, binding and enforceable in accordance with its
terms, and each holder of New Equity Interests will be bound
thereby, in each case, without need for execution by any party
thereto other than Reorganized Mac Parent.

A copy of the Disclosure Statement is available at:

            http://bankrupt.com/misc/deb17-12224-95.pdf

                     About Mac Acquisition LLC

Mac Acquisition LLC, et al. -- https://www.macaronigrill.com/ --
operate full-service casual dining restaurants under the trade
name, "Romano's Macaroni Grill."  As of Oct. 18, 2017, the company
operates 93 company-owned restaurants located in 23 states, with a
workforce of approximately 4,600 employees. Non-debtor affiliate
RMG Development franchises an additional 23 restaurants in Florida,
Hawaii, Illinois, Texas, Puerto Rico, Mexico, Bahrain, Egypt, Oman,
the United Arab Emirates, Qatar, Germany, and Saudi Arabia.

During 2016, Mac Acquisition and RMG generated gross revenues
through restaurant sales and franchisee payments of approximately
$230 million.

On Oct. 18, 2017, Mac Acquisition LLC, and eight affiliates sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 17-12224).  Mac
Acquisition's estimated assets of $10 million to $50 million and
debt at $50 million to $100 million.

The Hon. Mary F. Walrath is the case judge.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
Delaware bankruptcy counsel; Gibson, Dunn & Crutcher LLP, as
general bankruptcy counsel; Mackinac Partners, LLC, and financial
advisor.  Donlin, Recano & Company, Inc., is the claims agent.


MACK-CALI REALTY: Moody's Lowers Sr. Unsec. Debt Rating to Ba1
--------------------------------------------------------------
Moody's Investors Service has downgraded Mack-Cali Realty, L.P.'s
senior unsecured debt rating to Ba1 from Baa3 reflecting sustained
weakness in the REIT's leverage metrics, the reduction in
unencumbered asset base and continued decline in portfolio lease
rate. The rating outlook remains negative.

The negative rating outlook reflects the REIT's modest liquidity
position relative to its large development pipeline and the
potential for sustained weakness in its portfolio lease rate.
Mack-Cali expects to generate $400 million from office asset sales
but expects to deploy some of the proceeds to purchase assets to
meet the 1031 exchange guidelines. Therefore, the primary funding
source for the ongoing development projects would likely be
external capital, a factor that could further pressure its leverage
metrics. A significant credit concern is the REIT's material
near-term lease expirations, 19.7% of annualized base rent through
YE2018. If renewals and new lease volumes are not commensurate with
expiring leases, Mack-Cali's portfolio lease rate and earnings
could decline further.

RATINGS RATIONALE

The rating action reflects Mack-Cali's elevated net debt to EBITDA
ratio that has been well above 8.0x in the first three quarters of
2017. The increase in the REIT's secured leverage, to 21.9% at the
end of 3Q2017 from 15.8% at YE2016, has weakened its unencumbered
asset ratio moderately. The company's portfolio lease rate was
87.4% at the end of the third quarter of 2017, 220 basis points
lower than the lease rate at YE2016. However, positively, Mack-Cali
has experienced strong leasing performance in its growing
multifamily portfolio and modest improvement in its operating
margins.

Over the last two years, Mack-Cali has sold many non-core office
assets. The REIT used the sales proceeds, $1.12 billion, to acquire
office assets in core markets, develop new multifamily assets and
buy out partner interests in some multi-family joint ventures. In
the same period, the REIT's gross asset base increased by $700
million while aggregate debt outstanding increased by $800 million,
reflecting meaningfully higher leverage tolerance. The company's
unencumbered asset ratio has declined meaningfully in the last two
years, highlighting Mack-Cali's increased preference for using
secured debt financing. The improvement in portfolio mix, reduced
exposure to suburban office assets and the increase in the
multifamily asset base offset the deterioration in leverage metrics
to a limited extent.

The REIT has a sizeable multifamily development pipeline, a $785
million investment in nine projects, and is pursuing a few office
redevelopment projects. Given the recent leasing track record in
the multifamily segment and Mack-Cali's strong presence in the
Jersey City submarket, the projects will likely generate income
consistent with underwriting expectations; however, the impact on
earnings in the next few quarters will be modest.

Mack-Cali's multifamily portfolio includes 4131 stabilized
apartments that were 97.9% leased at the end of 3Q2017 and another
1587 units that are in the lease-up stage. Its joint venture assets
for 47% of the multi-family NOI and the contribution of the wholly
owned and subordinate interest exposures were 40% and 13%
respectively. The REIT forecasts that the multifamily segment will
account for 35% of aggregate NOI in 2019, almost 3x the estimate
for 2017. The diversification in asset base and income source would
be a credit positive for Mack-Cali given the current geographic and
sector concentration.

A ratings upgrade is unlikely in the near term and would require
net debt to EBITDA to be below 7.5x, an unencumbered asset ratio
above 60% and fixed charge at 2.7x or higher, all on a sustained
basis. Other significant considerations include secured leverage
below 20% on a consistent basis and a multifamily income
contribution of 25%, coupled with ample liquidity to manage all its
funding needs for the next 12 months.

The ratings will be downgraded if fixed charge drops below 2.2x,
unencumbered assets as a percentage of gross assets is below 40%
and net debt to EBITDA is above 8.5x on a sustained basis. Further
deterioration in portfolio lease rate, and any liquidity challenges
would also place downward pressure on the ratings.

Mack-Cali Realty Corporation (NYSE: CLI) is an office REIT that
owns 17.8 million square feet of office space, primarily in New
Jersey. The REIT also owns and has interests in 16 operating
multi-family properties in New Jersey, Massachusetts and Washington
DC.

The principal methodology used in these ratings was Global Rating
Methodology for REITs and Other Commercial Property Firms published
in July 2010.


MANIX HOLDINGS: 7491 Maingate Buying Kissimmee Property for $8.6M
-----------------------------------------------------------------
Manix Holdings, LLC, asks the U.S. Bankruptcy Court for the Middle
District of Florida to authorize the sale of real property located
at 7491 West Irlo Bronson Highway, Kissimmee, Florida, together
with related, on site fixtures and personalty, to 7491 Maingate,
LLC, for $8,550,000.

The Debtor's primary place of business is the Real Property.  As of
the Petition Date, the Debtor was involved in a foreclosure action
with its mortgage holder, Banco Imbursa, S.A. ("Lender").

During the course of the Chapter 11 case, the Debtor has engaged in
efforts to market the Property.  Specifically, the Debtor retained
Terry Hatfield as Broker.  The Debtor has received multiple offers
on the Property, but all have fallen through except the offer of
the Purchaser.

The operative offer which the Debtor has received is from the
Purchaser for the purchase of the Property pursuant to the
Commercial Contract between the Debtor and the Purchaser.  The
Property of the Debtor is to be sold free and clear of any and all
liens, claims, and encumbrances.

Pursuant to the Contract, the Purchaser will pay $8,550,000, which
amount will be fully paid at the time of the closing to the Debtor.
In connection with the Contract, the Purchaser has remitted a
non-refundable deposit of $500,000 in escrow to Ivanhoe Title Co.
to be held and disbursed pursuant to order of the Court.

The Debtor will convey and/or assign the Property to the Purchaser
free and clear of all liens, claims, and encumbrances and with
insurable, clean title from a major title insurance agency
(Fidelity National Title) through Ivanhoe Title.  At closing and to
the extent the Debtor is required to do so by the Contract, the
Debtor will pay for all customary and usual costs associated with a
real estate transaction, including documentary stamps, recording
fees, title premiums, reasonable closing agent fees, Broker
commission (not to exceed 1 % of the purchase price), real estate
taxes and other costs incidental to a standard real estate
closing.

The claims, liens, and encumbrances of any creditors or claimants
of any kind whatsoever will attach to the sale proceeds.
Notwithstanding the foregoing, and reserving all objections, at
closing the Debtor intends to pay the secured prepetition claim of
Lender in full, in cash, from the proceeds of the sale.  The Lender
is over-secured and its claim continues to accrue interest.
Payment of Lender's claim at closing will benefit junior creditors
and equity holders whose distributions would otherwise be diluted
by the continuing accrual of interest and Lender's attorneys' fees
and costs.

The Debtor presently intends to propose a plan providing for the
distribution of the sale proceeds to creditors.  The purchase and
sale of the Property is conditioned upon entry by the Court of a
final, non-appealable order granting the Motion.

The Debtor and Purchaser wish to move expeditiously to a closing,
the Debtor respectfully asks that the Court considers the Motion
and approval of the sale on an expedited basis.  No creditor or
party in interest will be prejudiced by the Court's consideration
of the Motion on an expedited basis.

The Debtor further asks the Court to waive the 14-day stay under
Bankruptcy Ru1e 6004(h).

                      About Manix Holdings

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

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

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

On Oct. 4, 2017, the Court appointed Terry Hatfield as Broker.


MARKS FAMILY: Needs More Time to Negotiate Taxes For Missing Years
------------------------------------------------------------------
Marks Family Trucking, LLC, asks the U.S. Bankruptcy Court for the
Eastern District of Wisconsin to extend the exclusive periods in
which the Debtor may file a Chapter 11 plan of reorganization and
solicit acceptances of the plan to May 9 and July 9, 2018,
respectively.

Objections to the Debtor's request must be filed no later than 14
days from the Nov. 9, 2017 notice.

Absent an extension, the Debtor's exclusive period for filing a
plan was slated to expire Nov. 10, 2017, and the exclusive period
to obtain acceptances of such plan is slated to expire Jan. 9,
2018.

During the course of the Chapter 11 case, the Debtor sought
permission to sell essentially all of its tractors and trailers at
auction.  The auction took place on Nov. 3, 2017, pursuant to a
Court order.

The gross auction proceeds were $1,187,400 as put forth in a Report
of Auction on the case docket.  Net of expenses of the auction and
mechanics' liens, the sum held by the Auctioneer was $1,171,075.
Commissions were paid by the buyers as a buyer premium.
Additionally, there are undisputed purchase money security
interests in the amount of $568,561 which were paid in order to
secure clean titles for the purchasers.  The estate has received
approximately $602,514.00 net from the auction.

The Debtor also has remaining assets consisting of real estate and
accounts receivable.  The real estate has been listed with a
broker, which broker the Debtor has been authorized to employ for
this purpose as evidenced by the court order dated Nov. 8, 2017.
The listing price is $425,000.  The accounts receivable have yet to
be paid due to pending claims, but are scheduled at approximately
$70,000.

Litigation may be necessary to collect the outstanding accounts
receivable.

The Debtor tells the Court it needs to retain competent tax
advisors in order to comply with reasonable requests by the taxing
authorities for information related to the audit, negotiating
whatever amount might be due and filing the taxes for the missing
years.  This will take a significant period of time and, thus, an
extension of the exclusivity period is being requested.  It is
imperative that the remaining employee of the Debtor, Rebecca
Marks, provide information necessary to the accountant in order to
have the audit successfully completed and the required returns
filed.  Additionally, Rebecca Marks, the Debtor's remaining
officer, is intimately familiar with the accounts receivable and
the claims charged against them and will be instrumental in
recovering those amounts for the benefit of the estate.

The Debtor also notes that unsecured claims in the case are minimal
as the secured claims have been paid.  Priority tax claims need to
be determined in order to expeditiously determine whether all
claims can be paid in full.  The Debtor's remaining officer,
through the Chapter 11 proceeding, will be instrumental in
performing these tasks.

                   About Marks Family Trucking

Marks Family Trucking, LLC, is engaged in contract truck hauling.
The Company owns a fee simple interest in a property located at
5230 E. Burnett Street, Beaver Dam, Wisconsin -- office, garage and
yard -- from which it operated.  It paid $350,000 for the property
five years ago and the current value is thought to be at least this
much.

Marks Family Trucking sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Wis. Case No. 17-26876) on July 13,
2017.  Rebecca L. Marks, manager, signed the petition.

The Debtor hired Steinhilber Swanson LLP as counsel.

The Debtor disclosed $1.65 million in assets and $969,984 in
liabilities as of the bankruptcy filing.

Judge Susan V. Kelley presides over the case.

On Aug. 11, 2017, the Court appointed Auction Specialists as
auctioneer.


MARRONE BIO: Promotes Linda Moore to EVP and General Counsel
------------------------------------------------------------
Marrone Bio Innovations, Inc., promoted Linda V. Moore, the
Company's senior vice president and general counsel, to executive
vice president and general counsel.  In connection with the
promotion, the Company and Ms. Moore entered into a letter
agreement, also effective Nov. 6, 2017, pursuant to which Ms.
Moore's base salary will be increased from $240,000 to $260,000,
provided that Ms. Moore has agreed to defer her salary increase
until the satisfaction of certain contingencies described in the
letter agreement.  In addition, Ms. Moore has been granted 150,000
restricted stock units with respect to the Company's common stock,
which will vest in equal monthly increments over a period of three
years from the grant date.  In addition, Ms. Moore will continue to
be eligible for the Company's bonus plan, under which Ms. Moore's
bonus can be up to 35% of her salary.

                      About Marrone Bio

Marrone Bio Innovations, Inc., makes bio-based pest management and
plant health products.  Bio-based products are comprised of
naturally occurring microorganisms, such as bacteria and fungi, and
plant extracts.  The Company's current products target the major
markets that use conventional chemical pesticides, including
certain agricultural and water markets, where the Company's
bio-based products are used as alternatives for, or mixed with,
conventional chemical products.  

Ernst & Young LLP issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016,
stating that the Company has incurred losses since inception, has a
net capital deficiency, and has additional capital needs that raise
substantial doubt about its ability to continue as a going
concern.

Marrone Bio reported a net loss of $31.07 million in 2016, a net
loss of $43.7 million in 2015 and a net loss of $51.65 million in
2014.  As of June 30, 2017, Marrone Bio had $47.81 million in total
assets, $83.46 million in total liabilities, and a total
stockholders' deficit of $35.65 million.


MEDICAL DEPOT: Fitch Withdraws 'CCC' 2nd Lien Term Loan Rating
--------------------------------------------------------------
Fitch Ratings is downgrading and subsequently withdrawing the
ratings of Medical Depot Holdings, Inc., dba Drive DeVilbiss
Healthcare (DDV), as the issuer has chosen to stop participating in
the rating process. Therefore, Fitch will no longer have sufficient
information to maintain the ratings. Accordingly, Fitch will no
longer provide ratings for Medical Depot Holdings, Inc.

KEY RATING DRIVERS

DDV's ratings and Negative Outlook reflect headwinds to the
company's operating profile as well as a longer time to de-lever
post the January 2017 LBO than was originally anticipated.

Competitive Markets: The Durable Medical Equipment (DME) market is
highly competitive, including a large number of competitors of
similar or greater size that compete directly with DDV with similar
products. Despite these competitive pressures, the company has
consistently generated double-digit organic growth supplemented
with targeted acquisitions.

High Post-LBO Leverage: Leverage is high following the Clayton,
Dubilier & Rice (CD&R) transaction in January 2017 and DDV's
capital deployment strategy has historically been fairly
aggressive, specifically with respect to M&A. However, in the near
term Fitch expects management to focus on realizing operational
efficiencies and projects that EBITDA growth could reduce
leverage.

Historically Challenged Cash Generation: DDV's historically weak
cash flows are a constraint to the ratings. Operational and supply
chain initiatives instituted over the past 12 months, as well as
the addition of new-sponsor CD&R's resources, suggest that margin
expansion, improved inventory management and accompanying cash
generation are possible. DDV's future ability to generate at least
breakeven FCF is important to maintain ratings at the current 'B-'
level.

Favorable Secular Trends: The aging of the global population will
generate increased demand for DDV's product offerings, which are
predominantly mobility aids, beds, respiratory aids, and bath and
safety devices. Each of these products is most often used by
patients aged 65 and older. Fitch expects the aging of the global
population to provide a tailwind to revenues. Growth prospects
should be further bolstered by an ongoing shift toward value-based
products and services and a shift in care toward lower-cost
settings, including home health services.

Moderate Reimbursement Risk: DDV is a business-to-business provider
that does not directly face reimbursement exposure, but does have
indirect exposure to third-party pricing pressure from dealers who
sell to end users. DDV's market position as a low-cost "value"
provider could further insulate the company from potential
reimbursement constraints and pricing pressure from private
payors.

DERIVATION SUMMARY

DDV is a global DME provider that supports the daily care and
living needs of chronically ill, disabled and elderly patients. The
company focuses primarily on homecare and consumer sales, and is
establishing a presence in long-term care and acute care
facilities. DDV has a more comprehensive product offering across
categories as compared to most of its smaller, non-rated,
competitors. Hill-Rom Holdings, Inc. (bb-*) is larger in terms of
revenue and has a significant presence in acute and extended care
facilities. DME manufacturers often have ratings in the 'B/BB'
range and maintain moderately high leverage, but can generate
positive FCF due to high margins and relatively light capex
requirements.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for the issuer
include;

-- Mid-single-digit organic revenue growth over the forecast
    period;

-- EBITDA margins expand by over 300bps over the forecast period,
    reflecting significant expense savings stemming from various
    operational efficiency initiatives started in late 2015;

-- No acquisitions or shareholder payouts over the forecast
    period;

-- Operating cash flows (OCF) and FCF (defined as OCF minus CAPEX

    and shareholder dividends) turn positive in 2018 and remain so
    throughout the remainder of the forecast period.

RATING SENSITIVITIES

Rating sensitivities are no longer relevant given today's
withdrawal.

LIQUIDITY

Adequate Liquidity: The company has historically maintained
sufficient liquidity through on-balance-sheet cash and availability
under its revolver.

Negative Cash Flows: DDV's cash generation has been pressured in
recent years by negative working capital swings and non-recurring
expenses, largely related to acquisition costs and restructuring
and efficiency efforts. The restructuring and acquisition expenses
have continued into 2017 as the company continued to implement
supply chain initiatives and integrated acquisitions.

FULL LIST OF RATING ACTIONS

Fitch has downgraded and withdrawn the following ratings:

Medical Depot Holdings, Inc. (dba Drive DeVilbiss Healthcare)

-- Long-Term Issuer Default Rating 'B-' with a Negative Outlook;
-- Senior first-lien secured credit facility 'B+'/'RR2';
-- Senior second-lien term loan 'CCC'/'RR6'.

Recovery Assumptions

Fitch's recovery analysis assumes a going-concern enterprise value
of $570 million. The analysis employs a restructured EBITDA of $76
million. The restructured EBITDA assumes that the company is unable
to realize the benefits of the current operational restructuring
efforts.

A going-concern EBITDA multiple of 7.5x is used. Public market
multiples for healthcare medical product manufacturers vary widely
depending upon size and diversification of customer end markets,
but generally range from 5x-11x. The 7.5x multiple is significantly
less than the median health care acquisition multiple of roughly
16x (from Fitch's research dating back to 2006).

While the A/R facility is not rated, Fitch assumes it would be
replaced by an equivalently sized super-senior facility in
bankruptcy, and includes this in the waterfall.  The first-lien
secured obligations recover 75% in this scenario, resulting in a
rating two notches above the IDR at 'BB-'/'RR2'. The second-lien
term loan recovers 0%, which corresponds to a 'CCC+'/'RR6' rating,
two notches below the IDR.


MERRIMACK PHARMACEUTICALS: Reports Q3 2017 Financial Results
------------------------------------------------------------
Merrimack Pharmaceuticals, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q reporting net
income of $3.13 million for the three months ended Sept. 30, 2017,
compared to a net loss of $30.27 million for the three months ended
Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, Merrimack reported net
income of $483.81 million compared to a net loss of $119.89 million
for the same period during the prior year.

As of Sept. 30, 2017, Merrimack had $197.8 million in total assets,
$86.21 million in total liabilities and $111.6 million in total
stockholders' equity.

"The third quarter marked continued execution on our 2017 goals as
we delivered on the promise of a refocused Merrimack with a
seasoned team built around our efficient, biomarker-driven approach
and refined corporate strategy," said Richard Peters, M.D., Ph.D.,
president and chief executive officer.  "With the potential to
emerge from the fourth quarter with a clean balance sheet and three
upcoming data readouts from our lead clinical candidates, MM-121,
MM-141 and MM-310, we look towards 2018 with great anticipation and
are poised to deliver on our corporate goals with a strong
infrastructure and disciplined approach."

In October, Merrimack reached a settlement with participating
convertible noteholders to resolve litigation associated with the
asset sale to Ipsen S.A., agreeing to pay $0.90 per $1.00 of 4.50%
convertible senior notes due in 2020 held by the noteholder
plaintiffs, plus accrued interest and an amount towards the
plaintiffs' legal fees.  In conjunction with the settlement,
Merrimack commenced a tender offer, set to expire November 10,
2017, to purchase all remaining convertible notes at the same rate
of $0.90 per $1.00 of convertible notes, plus accrued interest,
with the potential to eliminate remaining debt if all noteholders
participate.  Together, the settlement payout, the amount Merrimack
expects to pay to acquire the remaining convertible notes and
Merrimack's expenses related to this litigation will approximate
the $60.0 million that Merrimack placed into an escrow account as
security for the plaintiffs' claims.

Research and development expenses for the three months ended Sept.
30, 2017, from continuing operations were $13.6 million, compared
to $28.2 million for the three months ended September 30, 2016.
This represents a decrease of $14.6 million, primarily due to
Merrimack's refocused clinical and pre-clinical pipeline.

General and administrative expenses for the three months ended
Sept. 30, 2017, from continuing operations were $3.4 million,
compared to $6.4 million for the three months ended Sept. 30, 2016.
This represents a decrease of $3.0 million, primarily due to the
transition following the asset sale which led to a decrease in
corporate expenses related to headcount and stock-based
compensation.

Net loss attributable to Merrimack's continuing operations for the
three months ended Sept. 30, 2017, was $5.4 million, or $0.40 per
share, compared to a net loss attributable to Merrimack's
continuing operations of $26.6 million, or $2.06 per share, for the
three months ended Sept. 30, 2016.

During the quarter, Merrimack deconsolidated Silver Creek
Pharmaceuticals' financial statements from Merrimack's consolidated
financial statements effective July 14, 2017.  As a result of the
deconsolidation, Merrimack recognized a non-cash gain of
approximately $10.8 million.

As of Sept. 30, 2017, Merrimack had 13.3 million shares of common
stock, $0.01 par value per share, outstanding.

Key events from the third quarter and more recently include:

   * Received orphan drug designation from the U.S. Food and Drug
     Administration (FDA) for MM-121 in heregulin positive non-
     small cell lung cancer, which would potentially provide
     Merrimack with up to seven years of market exclusivity in
     this indication, among other benefits, if approved; and

   * Rounded out executive team with two key additions:

        - Jean Franchi, a 30-year industry veteran with rich
          leadership experience in the biotechnology and life
          sciences sectors, hired as chief financial officer.
          Most recently, Ms. Franchi served as chief financial
          officer at Dimension Therapeutics, with time previously
          spent as chief financial officer at Good Start Genetics
          and 16 years at Genzyme, including as senior vice
          president of corporate finance.

        - Thomas Needham, an experienced dealmaker with 25 years
          in corporate strategy and business development, hired as
          chief business officer.  Most recently, Mr. Needham
          served as senior vice president of Business Development
          at C4 Therapeutics.  Previously, he was managing
          director at Synthesis Capital, where he helped manage
          two healthcare venture funds, a principal at the global
          private equity firm Advent International and vice
          president of Business Development at both GPC Biotech   
          and Mitotix.

Merrimack anticipates the following upcoming clinical milestones:

   * First patient dosed by the end of 2017 in the SHERBOC study,
     a Phase 2 randomized, double-blind, placebo-controlled
     clinical trial of MM-121 added to standard of care in
     patients with heregulin positive, hormone receptor positive,
     HER2 negative metastatic breast cancer;

   * Top-line results in the first half of 2018 from the CARRIE
     study, a Phase 2 randomized clinical trial of MM-141 added to
     standard of care in patients with front-line metastatic
     pancreatic cancer who have high serum levels of free IGF-1;

   * Top-line results in the second half of 2018 from the SHERLOC
     study, a Phase 2 randomized clinical trial of MM-121 added to

     standard of care in patients with heregulin positive non-
     small cell lung cancer; and

   * Safety data and recommended Phase 2 dose in the second half
     of 2018 from the Phase 1 clinical study of MM-310 in patients

     with solid tumors.

Updated Financial Outlook

Merrimack continues to believe that its unrestricted cash and cash
equivalents of $107.2 million as of Sept. 30, 2017, and potential
net milestone payments anticipated from Shire will be sufficient to
fund its planned operations into the second half of 2019.  

Annual Meeting Date

Merrimack will hold its 2018 Annual Meeting of Stockholders on June
12, 2018.

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

                     https://is.gd/hNnPLA

                        About Merrimack

Cambridge, Mass.-based Merrimack Pharmaceuticals, Inc. --
http://www.merrimack.com/-- is a biopharmaceutical company
discovering, developing and commercializing innovative medicines
consisting of novel therapeutics paired with diagnostics for the
treatment of cancer.  The Company was founded by a team of
scientists from The Massachusetts Institute of Technology and
Harvard University who sought to develop a systems biology-based
approach to biomedical research.  The Company's initial focus is in
the field of oncology.  The Company has five programs in clinical
development.  In it most advanced program, the Company is
conducting a pivotal Phase 3 clinical trial.

The report from PricewaterhouseCoopers LLP, the Company's
independent registered public accounting firm for the year ended
Dec. 31, 2016, includes an explanatory paragraph stating that the
Company has negative working capital and cash outflows from
operating activities that raise substantial doubt about its ability
to continue as a going concern.

Merrimack reported a net loss of $153.5 million on $144.3 million
of total revenues for the year ended Dec. 31, 2016, compared to a
net loss of $147.8 million on $89.25 million of total revenues for
the year ended Dec. 31, 2015.


METRO NEWSPAPER: Hires Maltz Auctions as Auctioneer
---------------------------------------------------
Metro Newspaper Advertising Services, Inc., seeks authority from
the U.S. Bankruptcy Court for the Southern District of New York to
employ Maltz Auctions, Inc. as auctioneer to market the Personal
Property and conduct an auction sale of the Personal Property.

In furtherance of the Debtor's efforts to liquidate its assets and
wind down its chapter 11 proceeding, the Debtor sought authority to
sell certain personal property, specifically:

     -- comic art and signed letters (15 pieces),
     -- office art (9 pieces), and
     -- Sunday newspaper comics archives (115 pieces).

The parties' Auction Agreement provides, inter alia, that upon
closing of a sale, the Broker will be entitled to:

     a. 10% sales commission;
     
     b. 5% marketing & labor fee;
     
     c. Minimum fee (sale commission plus marketing labor fee) of
$20.00 per lot shall be applied to any individual lot that sells
for less than $133.33.  Any Assets consigned for auction and
subsequently "pulled" from sale by the Seller prior to the auction
shall be assessed the greater of either 15% of the Reserve Price or
the $20.00 per lot minimum fee.  For clarification, to the extent
no bids are made on an Asset at the auction, that Asset shall not
be considered to be "pulled" and no fee for that Asset should be
paid or earned by Maltz. Expenses not ordinarily incurred by Maltz
in the auction preparation process, such as, additional insurance,
extraordinary advertising, etc. shall be borne by the Seller.  No
expenses shall be incurred without the Seller's written consent;
and
    
     d. All fees shall be deducted from the gross sale proceeds
from the sale of the Seller's Assets.

Richard B. Maltz, the Auctioneer's President, attests that the
Auctioneer neither holds nor represents any interests adverse to
the Debtor's estate and is a "disinterested person" within the
meaning of Section 101(14) of the Bankruptcy Code.

The Firm can be reached through:

     Richard B. Maltz
     MALTZ AUCTIONS
     39 Windsor Place
     Central Islip, NY 11722
     Phone: 516-349-7022
     Fax: 516-349-0105

         About Metro Newspaper Advertising Services, Inc.

Based in Yonkers, New York, Metro Newspaper Advertising Services,
Inc. -- http://www.metrosn.com-- is a comprehensive advertising
resource that specializes in newspapers and all newspaper related
products, both print and digital.

Metro Newspaper Advertising Services filed a Chapter 11 petition
(Bankr. S.D.N.Y. Case No. 17-22445) on March 27, 2017. The petition
was signed by Phyllis Cavaliere, chairman & CEO. In its petition,
the Debtor estimated $1 million to $10 million in assets and $10
million to $50 million in liabilities.

Judge Robert D. Drain presides over the case.

Jonathan S. Pasternak, Esq., at DelBello Donnellan Weingarten Wise
& Wiederkehr, LLP, serves as bankruptcy counsel to the Debtor.

The official committee of unsecured creditors formed in the case
retained Lowenstein Sandler LLP as its legal counsel.


MFB PROPERTIES: Hires Hayward Parker as Bankruptcy Counsel
----------------------------------------------------------
MFB Properties LLC, seeks authority from the U.S. Bankruptcy Court
for the Southern District of New York to employ the law firm of
Hayward Parker O'Leary & Pinsky to serve as its bankruptcy
counsel.

Professional services to be rendered by Hayward Parker are:

     (a) give legal advice to the Debtor regarding its powers and
duties in the continued operation of the debtor's business and the
appropriate management of estate property;

     (b) prepare all records and reports as required by the
Bankruptcy Rules and the Local Bankruptcy Rules of the Southern
District of New York, and the operating guidelines of the Office of
the United States Trustee;

     (c) assist in the determination of the value of property of
the Debtor's estate, the treatment of secured debt, the resolution
of claims, the defense of motions for modification of the automatic
stay, the provision of adequate protection; the disposition of
property; and the treatment of claims in connection with a joint
Chapter 11 plan of reorganization;

     (d) negotiate and prepare all necessary and appropriate
applications and proposed orders to be submitted to the Court,
including without limitation applications for financing or the use
of cash collateral, the retention of professionals; the maintenance
of utility service; the sale of estate property; post-petition
financing; and other applications pertinent to the successful
resolution of this case;

     (e) examine proofs of claim and prosecute objections to
certain of those claims;

     (f) provide advice and prepare documents in connection with
reorganization, including the formulation and preparation of a
disclosure statement and plan of reorganization;

     (g) representthe estate's interests in any adversary
proceedings; and

     (h) all other matters reasonably necessary to restructure the
Debtor's indebtedness and reorganize its financial affairs in this
case.

The Firm will charge $400 per hour for attorney time and $125 per
hour for paralegal time.  Counsel will also seek reimbursement of
reasonable and necessary costs and disbursements.

Michael D. Pinsky, P.C., a partner in Hayward Parker O’Leary &
Pinsky, attests that his firm does not have any connection with the
Debtor, its creditors, or any other party in interest, their
respective attorneys or accountants, the United States trustee, or
any person employed in the office of the United States trustee and
represent no interest adverse to the estate in the matters upon
which they are to be retained.

The Firm can be reached through:

     Michael D. Pinsky, P.C.
     Hayward Parker O'Leary & Pinsky
     225 Dolson Ave., Suite 303
     Post Office Box 929
     Middletown, NY 10940
     Tel. (845) 343-6227
     Fax (845) 343-1927
     Email: mike.pinsky@hpoplaw.com

                     About MFB Properties LLC

Based in Greenwood Lake, New York, MFB Properties LLC filed a
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 17-36876) on November
3, 2017, listing under $1 million in assets and liabilities.
Michael D. Pinsky, P.C. at Hayward Parker O'Leary & Pinsky
represents the Debtor as bankruptcy counsel.


MILLENNIUM HEALTH: Trustee Sues Banks to Claw Back Fees
-------------------------------------------------------
Becky Yerak, writing for The Wall Street Journal Pro Bankruptcy,
reported that J.P. Morgan Chase & Co. and Citigroup Inc.'s Citibank
unit are among the institutions being sued over $35.3 million in
fees they received for arranging a $1.8 billion deal that a
bankruptcy trustee alleges led to the collapse of Millennium Health
LLC.

According to the report, Marc Kirschner, the trustee, is attempting
to claw back fees that were paid to the banks in April 2014, about
eight months before the drug-testing business began facing
heightened U.S. Justice Department scrutiny and about 18 months
before it filed for chapter 11 bankruptcy, according to the
complaint.

J.P. Morgan, Citi, BMO Harris Bank NA and SunTrust Banks Inc.
pushed loan notes issued by Millennium Health to mutual funds,
hedge funds and institutional investors despite knowing that
marketing materials had been scrubbed of any mentions of the
company's legal problems and that the deal would be of little value
to the business itself, the complaint said, the report related.
which received fees totaling almost $32 million, the report further
related.

The financing, instead, largely helped two other groups: The
proceeds paid off a $304 million loan balance owed to existing
lenders -- including J.P. Morgan -- and then left more than $1.2
billion for dividends and bonuses to company investors and
executives, including Millennium founder James Slattery and
private-equity firm TA Associates, the complaint said, the report
also related.

Insiders thanked the banks "profusely," not so much on behalf of
Millennium as for making them and their families rich personally,
the report said, citing Mr. Kirschner's complaint.

"It's more than getting the [loan] deal done; you've changed our
personal lives for generations," Millennium President Howard Appel
wrote to J.P. Morgan in April 2014, the report further citing the
complaint, filed in U.S. Bankruptcy Court in Wilmington, Del.

But the transaction left little if any proceeds for the privately
held business itself to cover liabilities resulting from
allegations that it illegally billed federal and state health
programs, the complaint said, the report related.

                 About Millennium HealthCare Inc.

Millennium HealthCare Inc. (OTC PINK: MHCC) --
http://www.millenniumhcs.com/-- through its wholly owned operating
subsidiaries, provides hospitals, primary care physician practices,
physician groups and healthcare facilities of all sizes with
cutting-edge technology driven applications, systems and medical
devices focused primarily on preventive care through early
detection.  The Company also provides advanced billing and coding
services, and practice development and management services.

                     About Millennium Lab

Millennium Lab Holdings II, LLC, Millennium Health, LLC and Rxante,
LLC, providers of laboratory-based diagnostic testing focused on
drugs of abuse and clinical medication monitoring, filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 15-12284, 15-12285
and 15-12286, respectively) on Nov. 10, 2015.  The Debtors
estimated assets in the range of $100 million to $500 million and
liabilities of more than $1 billion.

The Debtors have engaged Skadden, Arps, Slate, Meagher & Flom LLP
as counsel; Young Conaway Stargatt & Taylor, LLP as conflicts
counsel; Lazard Freres & Co., LLC, as investment banker; Alvarez &
Marsal as financial advisor; and Prime Clerk LLC as claims and
noticing agent.

Judge Laurie Selber Silverstein has been assigned the case.

Millennium Lab Holdings II, LLC, et al., announced that on Dec. 18,
2015, the effective date of their Amended Prepackaged Joint Plan of
Reorganization occurred.


NAKED BRAND: Responds to SEC Comments on Business Combination
-------------------------------------------------------------
Naked Brand Group Inc., Bendon Limited, Naked's merger partner, and
Bendon Group Holdings Limited, announced that Holdco has
confidentially submitted its response to comments from the
Securities and Exchange Commission regarding the confidentially
filed draft registration statement on Form F-4 related to the
previously announced business combination between the parties.

The consummation of the business combination is subject to approval
by Naked's stockholders and other customary closing conditions and
regulatory approvals, including the declaration of effectiveness of
the Registration Statement by the SEC and the listing of Holdco's
ordinary shares on Nasdaq.

                     About Bendon Limited

Bendon -- http://www.bendongroup.com--is an intimate apparel and
swimwear company renowned for its innovation in design, and
technology and unwavering commitment to premium quality products
throughout its 70-year history.  Bendon has a portfolio of 10
highly productive brands, including owned brands Bendon, Bendon
Man, Davenport, Evollove, Fayreform, Hickory, Lovable (in Australia
and New Zealand) and Pleasure State, as well as licensed brands
Heidi Klum Intimates and Swimwear, Stella McCartney Lingerie and
Swimwear and Frederick’s of Hollywood Intimates and Swimwear.

                      About Naked Brand Group

Naked Brand Group Inc. -- http://www.nakedbrands.com/-- was
founded on one basic desire - to create a new standard for how
products worn close to the skin fit, feel, and function.  Currently
featuring an innovative and luxurious collection of innerwear
products, the Company plans to expand into additional apparel and
product categories that exemplify the mission of the brand, such as
activewear, swimwear, sportswear and more.  Naked's women's and
men's collections are available at www.wearnaked.com, as well as
through some of the leading online retailers and department stores
in North America, including Bloomingdale's, Dillard's, Soma, Saks
Fifth Avenue, Amazon.com, and BareNecessities.com, among others.
Renowned designer and sleepwear pioneer and Chief Executive
Officer, Carole Hochman, leads Naked from its headquarters in New
York City.
  
Naked Brand reported a net loss of US$10.79 million for the year
ended Jan. 31, 2017, compared with a net loss of US$19.06 million
for the year ended Jan. 31, 2016.  As of July 31, 2017, Naked Brand
had US$5.46 million in total assets, US$755,843 in total
liabilities and US$4.70 million in total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended Jan.
31, 2017, stating that the Company incurred a net loss for the year
ended Jan. 31, 2017, and the Company expects to incur further
losses in the development of its business.  This condition raises
substantial doubt about the Company's ability to continue as a
going concern.


NAVIDEA BIOPHARMACEUTICALS: Reports $1.54M Net Loss for 3rd Quarter
-------------------------------------------------------------------
Navidea Biopharmaceuticals, Inc., announced its financial results
for the third quarter of 2017.  Navidea reported total revenues for
the quarter ended Sept. 30, 2017, of $223,669, compared to total
revenues of $1.82 million for the same period during the prior
year.  Net loss attributable to common stockholders was $1.54
million for the third quarter of 2017 compared to a net loss
attributable to common stockholders of $59,377 for the third
quarter of 2016.

For the nine months ended Sept. 30, 2017, the Company reported net
income attributable to common stockholders of $79 million on $1.41
million of total revenues compared to a net loss attributable to
common stockholders of $10.42 million on $3.93 million of total
revenues for the same period a year ago.


Navidea reported a net loss of $14.30 million in 2016, a net loss
of $27.56 million in 2015, and a net loss of $35.72 million in
2014.

As of Sept. 30, 2017, Navidea had $22.60 million in total assets,
$6.59 million in total liabilities and $16.01 million in total
stockholders' equity.  Navidea ended the quarter with $6.6 million
in cash and investments, not including the quarterly guaranteed
earnout payment of $1.7 million from Cardinal Health 414 which was
received after the quarter ended.

"We've made significant advancements in our pipeline, both on the
diagnostic and therapeutics side so far this year.  Efforts
undertaken since the closing of the Cardinal Health 414 transaction
to implement the new strategy have enabled the more rapid
development of our proprietary technology.  We have demonstrated
significant market expansion potential with our imaging agent.  We
are actively pursuing an approval to utilize our activated
macrophage technology as a biomarker.  We have formally contacted
the U.S. Food and Drug Administration ("FDA") and have scheduled
our first meeting with them.  In parallel, we are also pursuing an
additional approval for our agent so we can administer it
intravenously ("IV").  The FDA and many major pharmaceutical
companies have indicated their significant interest in developing
biomarkers that can assist in developing new therapeutics and in
enabling objective monitoring of performance of existing therapies.
With our best-in-class activated macrophage targeting system, we
have been able to generate significant human imaging data and
promising animal data with our therapeutic agents, reinforcing our
optimism that this platform holds potential for the diagnosis and
treatment of diseases in which macrophages play an important role,"
said Michael Goldberg, M.D., Navidea's president and chief
executive officer.

Dr. Goldberg continued, "On the diagnostic side, we have generated
data with both IV and subcutaneous formulations of Tc99m
tilmanocept in rheumatoid arthritis ("RA").  We have completed all
but a few of the control dosings in the Phase 1/2 dose escalation
registrational study and expect to finalize the report on this
study in the fourth quarter of this year.  In nonalcoholic
steatohepatitis ("NASH") and cardiovascular ("CV") disease, we will
also be initiating dosing of an IV formulation shortly.  For CV, we
are working with the same team at Massachusetts General Hospital in
Boston who designed, managed and published the subcutaneous CV
study that has attracted so much interest.  In the IV study we will
also explore the ability to image central nervous system
inflammation.  With Kettering Medical Center in Ohio, we will
shortly be dosing in NASH patients.  On the therapeutic side we
have synthesized and tested delivery backbones that are one-tenth
the size of the existing agents.  As we explore formulation
opportunities with our therapeutics, smaller agents provide better
opportunities for creating therapeutics than can be delivered
orally and topically.  The newer agents retain the same very high
binding we have achieved with our larger constructs.  Finally, we
have dosed in cancer models our MT1000 class of therapeutics, much
more frequently (twice per day as opposed to twice per week) with
the same total dose and as expected this resulted in much improved
activity."

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

                     https://is.gd/w7IniE

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

                     https://is.gd/SEmFtq

                        About Navidea

Navidea Biopharmaceuticals, Inc., is a biopharmaceutical company
focused on the development and commercialization of precision
immunodiagnostic agents and immunotherapeutics.  Navidea is
developing multiple precision-targeted products based on its
Manocept platform to help identify the sites and pathways of
undetected disease and enable better diagnostic accuracy, clinical
decision-making, targeted treatment and, ultimately, patient care.


NAVISTAR INTERNATIONAL: Closes $1.1 Billion Senior Notes Offering
-----------------------------------------------------------------
Navistar International Corporation announced that it has closed its
private offering of $1,100 million aggregate principal amount of
6.625% senior notes due 2025.  The 2025 Notes are guaranteed by
Navistar's wholly owned subsidiary, Navistar, Inc.  Navistar
intends to use the proceeds of the offering, together with the
borrowings under its new senior secured term loan, to (i) retire
all $1,450 million aggregate principal amount of its existing 8.25%
Senior Notes due 2021 and to pay accrued and unpaid interest
thereon, (ii) repay all of its outstanding obligations under its
existing senior secured term loan facility, including accrued and
unpaid interest, if any, (iii) fund cash to balance sheet to retire
at maturity or repurchase a portion of its 4.50% Senior
Subordinated Convertible Notes due 2018 and (iv) pay the associated
prepayment premiums, transaction fees and expenses incurred in
connection therewith.

The 2025 Notes and related guarantee will not be registered under
the Securities Act of 1933, as amended, or the securities laws of
any other jurisdiction, and the 2025 Notes will not be offered or
sold in the U.S. or to U.S. persons absent registration or an
applicable exemption from the registration requirements.  The
offering of the 2025 Notes will be made only to persons reasonably
believed to be qualified institutional buyers in accordance with
Rule 144A under the Securities Act and to non-U.S. persons in
accordance with Regulation S under the Securities Act.

Navistar also announced that it has accepted for purchase $1.051
billion aggregate principal amount of its 2021 Notes, or 72.50% of
the total outstanding 2021 Notes, which were validly tendered prior
to 5:00 p.m., New York City time, on Nov. 2, 2017, pursuant to
Navistar's previously announced Offer to Purchase the 2021 Notes.
Holders of the 2021 Notes accepted for purchase will receive the
"Total Consideration" of $1,003.80 per $1,000 principal amount of
the 2021 Notes, plus accrued and unpaid interest to, but not
including, the early settlement date for the Tender Offer, which
Nov. 6, 2017.

In conjunction with the Tender Offer, Navistar also solicited the
consents from registered holders of the 2021 Notes to amend certain
terms of the indenture governing the 2021 Notes.  Holders of 2021
Notes who validly tendered their 2021 Notes are deemed to have
consented to the proposed amendment to the Indenture.  As a result
of receiving the requisite consents in the Consent Solicitation to
adopt the amendments to the Indenture, Navistar and The Bank of New
York Mellon Trust Company, N.A., as trustee, entered into a
supplemental indenture to the Indenture.  The supplemental
indenture, among other things, eliminates substantially all of the
restrictive covenants and certain events of default from the
Indenture and reduces the minimum redemption notice period required
under the Indenture from 30 days to 5 days.  The supplemental
indenture became effective immediately upon execution and is now
operative since the company has repurchased, in the Tender Offer,
at least a majority in principal amount of the outstanding 2021
Notes.  Upon becoming operative, the amendments to the Indenture
will apply to all holders of the 2021 Notes.

As previously announced, Navistar intends to redeem the remaining
outstanding 2021 Notes on Nov. 10, 2017 at a redemption price equal
to 100.000% of the aggregate principal amount of the 2021 Notes to
be redeemed, plus any accrued and unpaid interest on the principal
amount being redeemed to, but not including, Nov. 10, 2017.

Navistar has retained J.P. Morgan Securities LLC to act as sole
dealer manager and solicitation agent for the Tender Offer and
Consent Solicitation and D.F. King & Co., Inc. to act as
information agent and tender agent for the Tender Offer.  Requests
for documents may be directed to D.F. King & Co., Inc. at (866) 751
- 6317 (toll free) or (212) 269-5550 (collect) or email
nav@dfking.com.  Questions regarding the Tender Offer may be
directed to J.P. Morgan Securities LLC at (866) 834-4666 (toll
free) or (212) 834-3260 (collect).

                        About Navistar

Navistar International Corporation (NYSE: NAV) --
http://www.Navistar.com/-- is a holding company whose subsidiaries
and affiliates produce International brand commercial and military
trucks, proprietary diesel engines, and IC Bus brand school and
commercial buses.  An affiliate also provides truck and diesel
engine service parts.  Another affiliate offers financing
services.

Navistar reported a net loss attributable to the Company of $97
million on $8.11 billion of net sales and revenues for the year
ended Oct. 31, 2016, compared with a net loss attributable to the
Company of $184 million on $10.14 billion of net sales and revenues
for the year ended Oct. 31, 2015.  As of July 31, 2017, Navistar
had $6.08 billion in total assets, $11 billion in total
liabilities, and a total stockholders' deficit of $4.92 billion.

                          *     *     *

Navistar carries a 'B3' Corporate Family Rating (CFR) and stable
outlook from Moody's.  Moody's said in January 2017 that Navistar's
ratings reflects the continuing challenges the company faces in
re-establishing its competitive position and profitability in the
North American medium and heavy truck markets.

In October 2017, S&P Global Ratings affirmed its 'B-' corporate
credit rating on Navistar International Corp.  The outlook remains
stable.  "We could lower our ratings on Navistar if the company
faces challenges that prevent it from maintaining its
profitability, causing its credit measures to deteriorate or its
liquidity to weaken.  We could also lower our ratings if we come to
believe that Navistar is dependent upon favorable business,
financial, and economic conditions to meet its financial
commitments, or if we view the company's financial obligations as
unsustainable in the long term."

As reported by the TCR on Oct. 26, 2017, Fitch Ratings affirmed the
Issuer Default Ratings (IDRs) for Navistar International
Corporation (NAV), Navistar, Inc., and Navistar Financial
Corporation (NFC) at 'B-'.  The Rating Outlook is Stable.  Fitch
expects NAV's debt and leverage could be nearly unchanged or
increase slightly following the completion of its refinancing
plans.


NAVISTAR INTERNATIONAL: Completes Refinancing Transactions
----------------------------------------------------------
Navistar International Corporation has completed the refinancing of
Navistar, Inc.'s existing approximately $1.0 billion senior secured
term loan which was due to mature in August 2020 with a new $1.6
billion senior secured term loan which is due to mature in November
2024.  The refinancing provides additional liquidity and financial
flexibility for the company and provides for an extended maturity
of the senior secured term loan facility.

The interest rate with respect to the new senior secured term loan
is adjusted LIBOR plus a 3.50% margin (with a LIBOR floor of 0.00%)
or ABR plus a 2.50% margin (with an ABR floor of 1.00%).

JPMorgan Chase Bank, N.A., Goldman Sachs Lending Partners LLC and
Citigroup Global Markets Inc. served as joint lead arrangers.
JPMorgan Chase Bank, N.A. will serve as Administrative Agent and
Collateral Agent.

                        About Navistar

Navistar International Corporation (NYSE: NAV) --
http://www.Navistar.com/-- is a holding company whose subsidiaries
and affiliates produce International brand commercial and military
trucks, proprietary diesel engines, and IC Bus brand school and
commercial buses.  An affiliate also provides truck and diesel
engine service parts.  Another affiliate offers financing
services.

Navistar reported a net loss attributable to the Company of $97
million on $8.11 billion of net sales and revenues for the year
ended Oct. 31, 2016, compared with a net loss attributable to the
Company of $184 million on $10.14 billion of net sales and revenues
for the year ended Oct. 31, 2015.  

As of July 31, 2017, Navistar had $6.08 billion in total assets,
$11 billion in total liabilities, and a total stockholders' deficit
of $4.92 billion.

                          *     *     *

Navistar carries a 'B3' Corporate Family Rating (CFR) and stable
outlook from Moody's.  Moody's said in January 2017 that Navistar's
ratings reflects the continuing challenges the company faces in
re-establishing its competitive position and profitability in the
North American medium and heavy truck markets.

In October 2017, S&P Global Ratings affirmed its 'B-' corporate
credit rating on Navistar International Corp.  The outlook remains
stable.  "We could lower our ratings on Navistar if the company
faces challenges that prevent it from maintaining its
profitability, causing its credit measures to deteriorate or its
liquidity to weaken.  We could also lower our ratings if we come to
believe that Navistar is dependent upon favorable business,
financial, and economic conditions to meet its financial
commitments, or if we view the company's financial obligations as
unsustainable in the long term."

As reported by the TCR on Oct. 26, 2017, Fitch Ratings affirmed the
Issuer  Default Ratings (IDRs) for Navistar International
Corporation (NAV), Navistar, Inc., and Navistar Financial
Corporation (NFC) at 'B-'.  The Rating Outlook is Stable.  Fitch
expects NAV's debt and leverage could be nearly unchanged or
increase slightly following the completion of its refinancing
plans.


NC DEVELOPMENT: Sareena Corp. Buying Winchester Property for $3.3M
------------------------------------------------------------------
NC Development, L.L.C., asks the U.S. Bankruptcy Court for the
Western District of Virginia to authorize the private sale of real
property commonly known as 320 Hope Drive, Winchester, Virginia,
Tax Map Identification Number 270-06-2, to Sareena Corp. for
$3,250,000.

A hearing on the Motion is set for Nov. 15, 2017 at 11:00 a.m.
(PET).  

The Debtor is the titled owner of the Property.  The Property is
its only significant asset.  The Debtor has exercised its business
judgment and determined that it is in its best interest to sell the
Property.

The Court has previously entered an Order approving the employment
of Oak Crest Commercial Real Estate ("Real Estate Professional") to
market and attempt to sell the Property.  The Property had been
listed for sale prior to the Petition Date.  

The Debtor has obtained the Commercial Purchase Agreement with the
Purchaser to purchase the Property and asks authority to sell the
Property at private sale to the Purchaser for the sum of
$3,250,000.  The Proposed Sale Contract anticipates closing on Dec.
15, 2017.

A copy of the Agreement attached to the Motion is available for
free at:

    http://bankrupt.com/misc/NC_Development_44_Sales.pdf

These are the two recorded deeds of trust secured by the Property:

     a. Main Street Bank is the holder and/or servicer of a note
secured by the first deed of trust dated Oct. 26, 2009 and recorded
among the land record of the Clerk's Office for the City of
Winchester, Virginia as Instrument No. 090002864.  The current
balance on the Main Street Note is approximately $2,806,589, as of
Nov. 3, 2017, inclusive of principal, interest at the non-default
rate, and fees (including reasonable attorney fees).

     b. United Bank is the holder of a note secured by a second
deed of trust dated March 30, 2012 and recorded among the land
records of the Clerk's Office for the City of Winchester, Virginia
as Instrument No. 120000919.  The United Deed of Trust was given to
secure a loan between United Bank and Courthouse Plaza, LLC, an
affiliate of the Debtor.  The United Deed of Trust lien is limited
to $200,000.  The Debtor is not obligated on the United Note, but
the Property serves as collateral for the United Note.

With the exception of the City of Winchester, which has a claim for
accrued but unpaid real estate taxes, no other creditor or party in
interest has a lien against or an interest in the Property.

The sale proceeds will be sufficient to satisfy the Main Street
Note, the Debtor's obligation to United Bank pursuant to the United
Deed of Trust, due and unpaid real estate taxes, real estate
commissions, and other reasonable and customary costs of closing as
set forth in the Proposed Sale Contract.

The Debtor asks authority to sign and deliver the deed, other usual
and customary documents necessary for closing the sale and to pay,
or authorize credits from the proceeds of the sale for such usual
and customary costs of sale, including without limitation,
recording costs and the compensation of the Real Estate
Professional, to the extent such compensation is approved by the
Court.

As set forth, the Court previously has authorized the Debtor to
employ the Real Estate Professional as the Debtor's agent to assist
in the Debtor in the marketing of the Property, with proposed
compensation of 4% of the sales price of the Property.  As set
forth in the Proposed Sale Contract the Real Estate Professional
has agreed to reduce its compensation to $50,000, with $50,000 to
be paid to the Purchaser's agent, which total amount is slight more
3% of the Purchase Price.  The Debtor asks that the Court approves
the compensation of the Real Estate Professional in the amount of
$50,000, with a like amount $50,000 to be paid to the Purchaser's
agent, without further application to or order of the Court, and
grant the Debtor or its closing agent the authority to pay the
compensation approved by the Court.

The Purchase Price is reasonable and is the best offer obtained
after many months of effort to market and sell the Property.  The
relief requested in the Motion is, therefore, in the best interest
of the bankruptcy estate.

The Debtor asks the Court to waive the 14-day stay provided under
Bankruptcy Rule 6004(h).

The Purchaser:

          SAREENA CORP.
          1372 Lancia Drive
          McLean, VA 22102

                     About NC Development

NC Development, LLC, listed its business as a single asset real
estate (as defined in 11 U.S.C. Section 101(51B)) whose principal
assets are located at 320 Hope Drive, Winchester, Virginia.

The Debtor previously sought Chapter 11 protection (Bankr. D. Md.
Case No. 11-13720) on Feb. 25, 2011.

NC Development sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Va. Case No. 17-50630) on June 29, 2017.  Matthew
Carroll, managing member, signed the petition.

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

Judge Rebecca B. Connelly presides over the case.  

Hoover Penrod PLC is the Debtor's bankruptcy counsel.  Oak Crest
Commercial Real Estate is the Debtor's real estate broker.


NEIMAN MARCUS: Bank Debt Trades at 21.60% Off
---------------------------------------------
Participations in a syndicated loan under Neiman Marcus Group Inc
is a borrower traded in the secondary market at 78.40
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.30 percentage points from the
previous week. Neiman Marcus Group Inc pays 300 basis points above
LIBOR to borrow under the $2.9 billion facility. The bank loan
matures on Oct. 16, 2020 and Moody's Caa1 rating and Standard &
Poor's CCC rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended November 3.


NELSON DERMATOLOGY: Unsecureds to Recoup Up to 25% in Proposed Plan
-------------------------------------------------------------------
Nelson Dermatology, PLLC, filed with the U.S. Bankruptcy Court for
the Eastern District of Virginia a small business disclosure
statement for its plan of reorganization dated Oct. 31, 2017.

General Unsecured Claims are classified in Class 1, and will
receive a distribution of up to 25% of their Allowed Claims in
quarterly distributions commencing no sooner than 90 days after the
Effective Date, and continuing thereafter until the earlier of the
5th anniversary of the Effective Date or the Creditors have
received a 25% dividend, without interest, on account of their
Allowed Claims. Based on the Debtor's cash flow projections, the
Debtor estimates that Holders of Allowed General Unsecured Claims
will receive a dividend of approximately 10% of their Allowed
Claims, with payments commencing in February 2021.

The Cash necessary for the Reorganized Debtor to make distributions
to its Creditors pursuant to the Plan will be obtained from the Net
Cash Flow of the Reorganized Debtor. The Net Cash Flow means Cash
generated from the operations of the Reorganized Debtor, less costs
of sale, operating expenses, taxes, insurance, capital
expenditures, and capital reserves. Distributions are made from
Available Cash, which means Net Cash Flow after payment of and
reserve for post-Effective Date expenses, including, but not
limited to, professional fees, if any. Available Cash will be
calculated on a monthly basis for Creditors receiving monthly
distributions under the Plan and on a quarterly basis for Creditors
receiving quarterly distributions under the Plan.

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

     http://bankrupt.com/misc/vaeb17-11536-77.pdf

                About Nelson Dermatology

Nelson Dermatology, PLLC, filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Va. Case No. 17-11536) on May 5, 2017.  Judge Brian F.
Kenney presides over the case.


NEWBRIDGE ON THE CHARLES: Fitch Rates $239.9MM Revenue Bonds BB+
----------------------------------------------------------------
Fitch Ratings has assigned a 'BB+' rating to the following bonds
issued by the Massachusetts Development Finance Agency on behalf of
NewBridge on the Charles (NewBridge):

-- $239.965 million revenue refunding bonds, series 2017.

Bond proceeds will current refund outstanding debt and pay issuance
costs. The bonds are scheduled to sell via negotiated sale during
the week of Nov. 27, 2017.

The Rating Outlook is Stable.

SECURITY

The bonds are secured by a mortgage on the retirement community
facility, a security interest in NewBridge's "Collateral" as
defined in the Master Trust Indenture including gross revenues, and
a debt service reserve account that is partially being funded by an
equity contribution from NewBridge's sole corporate member, Hebrew
SeniorLife (HSL).

KEY RATING DRIVERS

HIGH DEBT POSITION: NewBridge's debt position remains very high
even after opening for its initial residents about eight years ago.
After the refunding, NewBridge will have approximately $240 million
of debt outstanding that amounts to a high 12.1x net available and
5.6x the amount of unrestricted cash and investments balances as of
Aug. 31, 2017.

SPONSORSHIP AND MANAGEMENT: NewBridge's parent company and manager
is HSL, a large and influential senior services enterprise with an
affiliation with Harvard Medical School and a significant presence
in the Boston, MA region. In addition to its leadership and
administrative expertise, HSL has provided financial support in the
past and will contribute about $6 million of equity to fund a
portion of the debt service reserve account for the series 2017
bonds.

STRONG DEMAND: Driven by NewBridge's attractive facilities,
favorable location and high quality of care reputation, demand in
all levels of care is strong. Over the past three years,
independent living unit (ILU: 98.3%), assisted living unit (ALU:
95.5%), and health care center (96.2%) average occupancy levels
remain strong.

IMPROVED FINANCIAL PROFILE: Operating profitability and balance
sheet strength has steadily improved over the last five years. The
operating ratio strengthened to 100.2% during fiscal 2016, from
111.6% in fiscal 2012. Furthermore, days cash on hand (DCOH)
increased to 396 DCOH as of Aug. 31, 2017, from 222 DCOH at the end
of fiscal 2012.

RATING SENSITIVITIES

DEBT MODERATION AND LIQUIDITY GROWTH: Upward rating movement for
NewBridge on the Charles is predicated upon continued financial
improvement which results in debt moderation and balance sheet
metrics that are more in line Fitch's 'BBB' category medians.
Although not anticipated, operating profitability or cash flow
weakness that reduces debt service coverage or liquidity balances
could result in negative rating pressure.

CREDIT PROFILE

NewBridge is a life plan community with 256 ILUs, 51 ALUs, 40
memory support units and 48 skilled nursing facility (SNF) beds
dedicated to short-term rehabilitative care. NewBridge also
includes a 220-bed long-term chronic care health center that is
leased by a related entity that is also an affiliate of HSL, Hebrew
Rehabilitation Center (HRC). The lease agreement provides NewBridge
monthly rental payments from HRC that are equal to 100% of net the
revenues of the leased space after payment of direct expenses
related to those operations. The chronic care health center
primarily provides long-term services for the frail elderly with
about 63% of days provided to Medicaid residents and a 20 month
average length of stay. All facilities are located on an expansive
162-acre campus in Dedham, MA about 10 miles southwest of downtown
Boston and just north and east of Route 128/I-95.


NEXT LISTING: Hires Margaret M. McClure Law as Attorney
-------------------------------------------------------
Next Listing, LLC, and Robert Allen Alcozer and Mitzy Dianne
Alcozer seek authority from the United States Bankruptcy Court for
the Southern District of Texas, Houston Division, to employ
Margaret M. McClure as Chapter 11 counsel under a general
retainer.

The Debtors need the firm to give them legal advice with respect to
their powers and duties as debtors-in-possession in the continued
operation of their business and personal financial affairs and
management of the Debtors' property, and to perform all legal
services for the debtors-in-possession which may be necessary.

Margaret M. McClure charges an hourly fee of $400.00 per hour for
attorney time and $150.00 per hour for paralegal time for services
of this nature.

Margaret M. McClure attests that she has no connections with the
debtors, 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; and that she is
a disinterested person as defined in 11 U.S.C. 101(14).

The Counsel can be reached through:

     Margaret M. McClure, Esq.
     Law Office of Margaret M McClure
     909 Fannin, Suite 3810
     Houston, TX 77010
     Phone: 713-659-1333
     Fax: (713) 658-0334 (fax)
     Email: margaret@mmmcclurelaw.com

                      About Next Listing, LLC

A real estate marketing company, Next Listing, LLC filed a Chapter
11 petition (Bankr. S.D. Tex. Case No. 17-36042) on October 31,
2017, listing under $1 million in assets and liabilities.  The
Debtor is represented by Margaret M. McClure, Attorney at Law, as
counsel.


NORDIC INTERIOR: Taps AAG as Public Insurance Adjuster
------------------------------------------------------
Nordic Interior, Inc. seeks approval from the U.S. Bankruptcy Court
for the Eastern District of New York to hire a public insurance
adjuster.

The Debtor proposes to employ Affiliated Adjustment Group, Ltd. to
assist in settling the claim it filed with The Hartford Insurance
Company based on damages to its New York property due to flooding.

AAG will get 8% of the amount recovered from the settlement of its
claim.  The fee will be payable only if the firm successfully
obtains a recovery from Hartford.

David Azus, a partner at AAG, disclosed in a court filing that his
firm is a "disinterested person" as defined in section 101(14) of
the Bankruptcy Code.

AAG can be reached through:

     David Azus
     Affiliated Adjustment Group, Ltd.
     3000 Marcus Avenue, Suite 3W3
     Lake Success, NY 11042
     Phone: 516-352-1400

                       About Nordic Interior

Nordic Interior, Inc., was founded in 1973 as a drywall and small
woodworking company.  At the time of the bankruptcy filing, the
Company had approximately 50 employees, 35 of whom are carpenters
and project managers who are subject to a collective bargaining
agreement with the Carpenters' Union.

Nordic Interior filed a Chapter 11 bankruptcy petition (Bankr.
E.D.N.Y. Case No. 16-43163) on July 18, 2016. The case is pending
before Judge Elizabeth S. Stong.  At the time of the filing, the
Debtor estimated its assets and debts at $1 million to $10
million.

Rosen & Associates, P.C., serves as legal counsel to the Debtor.
The Debtor hired Achin, Block & Anchin LLP as its accountant.

On Oct. 6, 2016, the U.S. Trustee for Region 2 appointed an
official committee of unsecured creditors.  The Law Offices of
Jeremy S. Sussman represents the committee as legal counsel.

On May 1, 2017, the Debtor filed its proposed Chapter 11 plan of
reorganization.


NORTH CAROLINA TOBACCO: Trustee Taps Iron Horse as Auctioneer
-------------------------------------------------------------
John Northen, the Chapter 11 trustee for North Carolina Tobacco
International LLC, received approval from the U.S. Bankruptcy Court
for the Middle District of North Carolina to hire Iron Horse
Auction Co. as appraiser and auctioneer.

The firm will conduct an inventory and appraisal of the Debtor's
equipment and other tangible assets, and conduct a public sale of
those assets.

Any compensation for a public auction of the assets will be
proposed and determined subsequently in the context of a sale
motion.

Iron Horse does not hold any interest adverse to the Debtors estate
and is a "disinterested person" as defined in section 101(14) of
the Bankruptcy Code, according to court filings.

The firm can be reached through:

     William B. Lilly
     Iron Horse Auction Co., Inc.
     174 Airport Road
     Rockingham, NC 28379-4251
     Phone: (910) 997-2248

                 About North Carolina Tobacco

North Carolina Tobacco International, LLC, filed a Chapter 11
voluntary petition (Bankr. M.D.N.C. Case No. 17-51077) on Oct. 10,
2017, and was represented by Richard Steele Wright, Esq., at Moon
Wright & Houston, PLLC.

On Oct. 20, 2017, the Court appointed John A. Northen as Chapter 11
trustee for the Debtor.


NORTHERN OIL: Incurs $16.1 Million Net Loss in Third Quarter
------------------------------------------------------------
Northern Oil and Gas, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
of $16.08 million on $41.59 million of total revenues for the three
months ended Sept. 30, 2017, compared to a net loss of $45.61
million on $45.11 million of total revenues for the three months
ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported net
income of $14.65 million on $172.3 million of total revenues
compared to a net loss of $281.2 million on $108.9 million of total
revenues for the same period during the prior year.

As of Sept. 30, 2017, Northern Oil had $494.36 million in total
assets, $964.97 million in total liabilities and a total
stockholders' deficit of $470.60 million.

"It is validating to see our efforts over the last year come to
fruition and to see the momentum we have generated as we approach
2018," commented Northern's Interim CEO and CFO, Tom Stoelk.  "Our
focus on capital allocation is showing up in better well
productivity and increased production levels, and our wells in
process are concentrated among operators getting some of the best
results in the basin.  Our new credit facility with TPG Sixth
Street Partners has extended our debt maturity and increased our
access to capital.  This additional liquidity combined with
Northern's high-quality assets and returns-focused capital
allocation strategy provides a solid foundation to increase
shareholder value."

Northern is increasing its 2017 guidance and now expects average
daily production for 2017 to increase between 5% - 6% compared to
2016.  As a result of increased activity on its acreage Northern
now expects to add approximately 14 net wells to production for the
year.  This coupled with the growth in Northern's wells in process
inventory resulted in a revised annual capital budget of $130
million for 2017.

At Sept. 30, 2017, Northern had $155.0 million in outstanding
borrowings under its revolving credit facility.  On Nov. 1, 2017,
Northern announced that it had closed an agreement with TPG Sixth
Street Partners for a new five year $400 million first lien credit
facility.  At closing, an initial amount of $300 million was funded
and a portion of these proceeds were used to retire and repay the
old revolving credit facility.  Based on this new credit facility,
Northern had available liquidity of approximately $235 million as
of November 1, 2017, comprised of $135 million of cash on hand and
$100 million of delayed draw term loan availability.

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

                      https://is.gd/CDnNh8

                       About Northern Oil

Minnetonka, Minnesota-based Northern Oil and Gas, Inc. --
http://www.NorthernOil.com/-- is an exploration and production
company with a core area of focus in the Williston Basin Bakken and
Three Forks play in North Dakota and Montana.

Northern Oil reported a net loss of $293.5 million on $144.9
million of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of $975.4 million on $275.05 million of
total revenues in 2015.

                          *     *     *

In March 2017, Moody's Investors Service affirmed Northern Oil and
Gas' 'Caa2' Corporate Family Rating (CFR), the 'Caa2-PD'
Probability of Default Rating (PDR), the 'Caa3' senior unsecured
notes rating, and the SGL-4 Speculative Grade Liquidity (SGL)
rating.  The ratings outlook is negative.  "The affirmation
reflects Moody's expectations that Northern Oil & Gas will continue
to have elevated leverage as it increases capital spending in 2017
to keep production volumes flat," commented James Wilkins, Moody's
Vice President-Senior Analyst.  "The negative outlook reflects the
likelihood that the company's earnings will not recover
sufficiently to meet its financial covenants in the second quarter
2018."

In August 2017, S&P Global Ratings lowered its corporate credit
rating on Northern Oil and Gas to 'CCC-' from 'CCC'.  The outlook
is negative.  "The downgrade reflects our view of an increased
likelihood the company could engage in a debt exchange or
restructuring we would view as distressed within the next six
months, whereby holders of the company's unsecured debt would
receive substantially less than par value," S&P said.


NORTHWEST GOLD: Wigger Estate Files Chapter 11 Liquidation Plan
---------------------------------------------------------------
The Estate of Walter Wigger filed with the U.S. Bankruptcy Court
for the District of Alaska a disclosure statement in support of its
proposed chapter 11 liquidation plan, dated July 27, 2017, for
Northwest Gold, LLC.

Under the liquidation plan, unsecured creditors in class 4 and
class 5 cannot receive anything from the Plan or outside the Plan.

The Wigger Estate proposes that Airport Equipment Rentals, LLC,
marshal its undisputed collateral valued at $2,294,748.00 and other
small equipment valued at $20,000. AER's total undisputed
collateral secures AER for $2,314,748. After marshaling AER's
undisputed collateral it is still owed $3,924,854. The Dredge,
Bucyrus-Erie Monighan and Belt Feeder have a value of $3,000,000.
Plant B is valued at $1,281,141. When AER marshals the Dredge,
Plant B, and its equipment, its entire debt is satisfied, and it
would receive an additional value of $356,287 more than what it is
owed.

The Wigger Estate would receive control of the real property.
Wigger will actively market the property for sale and present it to
potentially interested buyers. Wigger may also execute a
foreclosure sale where Wigger will offset bid its total lien.

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

     http://bankrupt.com/misc/akb17-00100-157.pdf

                   About Northwest Gold

Northwest Gold LLC, owns a real property along Park Highway in
Ester, Alaska, which it values at $14 million.  Northwest sells
washed mine tailings from the property, grossing $170,000 from
sales in 2016.

Northwest Gold filed a Chapter 11 petition (Bankr. D. Alaska Case
No. 17-00100) on March 21, 2017.  The petition was signed by Robert
Knappe, Jr., manager.  The Debtor disclosed $26.02 million in
assets and $12.01 million in liabilities.  The Debtor is
represented by Erik LeRoy, Esq., at Erik LeRoy, P.C.


NRG ENERGY: S&P Rates $870MM Sr. Unsecured Notes Due 2028 'BB-'
---------------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '3'
recovery rating to NRG Energy Inc.'s $870 million senior unsecured
notes, due 2028. The company will use the issuance to refinance
2023 maturities. The outlook is stable. The '3' recovery rating
reflects S&P's expectation of meaningful (50%-70%; rounded
estimate: 65%) recovery in the event of default.

S&P said, "We recently affirmed the rating on NRG Energy in light
of the ongoing Business Transformation Plan, which we expect will
decrease scale somewhat but lead to lower leverage during the next
two years."

Ratings List

  NRG Energy Inc.
   Issuer Credit Rating                 BB-/Stable/--

  New Rating

  NRG Energy Inc.
   $870 mil sr unsec notes due 2028     BB-
    Recovery Rating                     3(65%)


NUVERRA ENVIRONMENTAL: Reports Third Quarter Revenue of $48.9M
--------------------------------------------------------------
Nuverra Environmental Solutions, Inc., announced financial and
operating results for the third quarter and nine months ended Sept.
30, 2017.

Third quarter revenue was $48.9 million, an increase of $7.3
million, or 17.7%, from $41.5 million in the second quarter of
2017.  In the third quarter of 2016, the Company reported revenue
of $35.4 million.  Due to oil prices becoming more stable in 2017,
customer demand for the Company's services has increased in all
divisions as compared to both the second quarter of 2017 and the
same period in the prior year.

Total costs and expenses, adjusted for special items, were $63.7
million, a 23.5% increase compared with total costs and expenses,
adjusted for special items, of $51.6 million in the second quarter
of 2017.  The Company reported total costs and expenses, adjusted
for special items, of $47.5 million in the third quarter of 2016.
The increase in total costs and expenses, adjusted for special
items, is primarily due the 17.7% increase in revenue and an
increase in depreciation and amortization expense as a result of
the fresh start accounting adjustments.

For the third quarter of 2017, the Company reported a net loss from
continuing operations, adjusted for special items, of $18.5
million.  Special items in the third quarter primarily included the
gain resulting from the discharge of debt and the application of
fresh start accounting upon emergence from Chapter 11.
Additionally, special items included the loss on the sale of
underutilized assets, non-recurring legal and professional fees,
stock-based compensation expense, as well as $2.4 million in
long-lived asset impairment charges for assets classified as
held-for-sale primarily in the Rocky Mountain division.  This
compares with a loss from continuing operations, adjusted for
special items, of $15.3 million in the second quarter of 2017.  The
Company reported a loss from continuing operations, adjusted for
special items, of $26.3 million in the third quarter of 2016.

Adjusted EBITDA from continuing operations for the third quarter
was $6.8 million, an increase of $4.7 million compared with $2.1
million in the second quarter of 2017.  Third quarter adjusted
EBITDA margin from continuing operations was 14.0%, compared with
5.1% in the second quarter of 2017.  The Company reported adjusted
EBITDA from continuing operations of $3.4 million and an adjusted
EBITDA margin from continuing operations of 9.7% in the third
quarter of 2016.

YTD revenue was $129.6 million, an increase of $13.2 million from
$116.4 million for the same period in 2016.  Due to oil prices
becoming more stable in 2017, customer demand for our services has
increased in all divisions as compared to the same period in the
prior year.

YTD net loss from continuing operations, adjusted for special
items, was $61.8 million compared with a loss of $82.1 million for
the same period in 2016.  YTD special items primarily included the
gain resulting from the discharge of debt and the application of
fresh start accounting upon emergence from Chapter 11.
Additionally, special items included the loss on the sale of
underutilized assets, stock-based compensation expense, a $3.9
million gain on the change in fair value of the derivative warrant
liability, and $2.4 million in long-lived asset impairment charges
for assets classified as held-for-sale primarily in the Rocky
Mountain division.

YTD adjusted EBITDA from continuing operations was $8.2 million, an
increase of 54.2% when compared with the same period in 2016.
Adjusted EBITDA margin for the 2017 YTD period was 6.3%, compared
with 4.6% in 2016.

Net cash used in operating activities for the nine months ended
Sept. 30, 2017, was $22.0 million, while asset sales from
continuing operations net of capital expenditures provided cash of
$1.2 million.  For the nine months ended Sept. 30, 2017, free cash
flow (defined as net cash used in or provided by operating
activities, less proceeds received from sales of property, plant
and equipment, net of purchases of property, plant and equipment)
was negative at $(20.9) million, compared with negative free cash
flow of $(12.0) million during the nine months ended Sept. 30,
2016.

Total liquidity as of Sept. 30, 2017, consisting primarily of
available borrowings under the Successor senior secured revolving
credit facility, was $16.6 million.

As of Sept. 30, 2017, total debt outstanding was $40.2 million,
consisting of $14.8 million under the Successor first lien term
loan, $21.0 million under the Successor second lien term loan, and
$4.4 million of capital leases for vehicle financings.

As of Sept. 30, 2017, the Company had $350.45 million in total
assets, $77.07 million in total liabilities and $273.37 million in
total shareholders' equity.

The Company stated in the Form 10-Q that, "Our consolidated
financial statements have been prepared assuming that we will
continue as a going concern, which contemplates continuity of
operations, realization of assets, and liquidation of liabilities
in the normal course of business.

"Although we had a net loss for the two months ended September 30,
2017, we believe that the successful implementation of the Plan
contemplated by our Restructuring, coupled with the exit financing
we entered into upon our emergence from the chapter 11 cases, has
provided us with sufficient liquidity to support our operations and
service our debt obligations, and therefore substantial doubt about
our ability to continue as a going concern no longer exists."

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

                        https://is.gd/j00PXZ

                    About Nuverra Environmental

Nuverra Environmental Solutions, Inc. (OTCQB: NESC) --
http://www.nuverra.com-- provides environmental solutions to
customers focused on the development and ongoing production of oil
and natural gas from shale formations.  The Scottsdale,
Arizona-based Company operates in shale basins where customer
exploration and production activities are predominantly focused on
shale and natural gas.

Nuverra Environmental and its affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-10949) on May 1, 2017.
The Hon. Kevin J. Carey presides over the cases.  

The Bankruptcy Court approved Nuverra Environmental Solutions'
Disclosure Statement and concurrently confirmed its Amended
Prepackaged Chapter 11 Plan of Reorganization on July 25, 2017.  On
Aug. 7, 2017, the Plan became effective pursuant to its terms and
the Company and its material subsidiaries emerged from the Chapter
11 cases.  

Shearman & Sterling LLP served as bankruptcy counsel to the
Debtors, with the engagement led by Fredric Sosnick, Esq., Sara
Coelho, Esq., and Stephen M. Blank, Esq.  Young Conaway Stargatt &
Taylor, LLP, and Shearman & Sterling LLP, served as the Debtors'
co-counsel.

AP Services, LLC, acted as the Debtors' restructuring advisor.
Lazard Freres & Co. LLC and Lazard Middle Market LLC served as the
investment banker.  Prime Clerk LLC served as the claims and
noticing agent.  On May 19, 2017, the U.S. Trustee appointed an
official committee of unsecured creditors.  As of July 2017, David
Hargreaves has resigned from the Committee.  Kilpatrick Townsend &
Stockton LLP served as counsel and Batuta Capital Advisors LLC as
financial advisor to the Committee.  Landis Rath & Cobb LLP served
as Delaware counsel.


OMEROS CORP: Cormorant Global Has 5.1% Stake as of Nov. 7
---------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of shares of common stock of Omeros Corporation as of Nov. 7,
2017:

                                       Shares      Percent
                                    Beneficially     of
    Entity                              Owned      Class
    ------                          ------------   -------
Cormorant Global Healthcare           
  Master Fund, LP                     2,449,646      5.1%  
Cormorant Global Healthcare GP, LLC   2,449,646      5.1%
Cormorant Asset Management, LLC       2,944,394      6.0%
Bihua Chen                            2,944,394      6.0%

The Shares reported for Cormorant Asset Management, LLC represent
shares which are beneficially owned by Cormorant Global Healthcare
Master Fund, LP, and shares which are beneficially owned by a
managed account.  Cormorant Global Healthcare GP, LLC serves as the
general partner of the Fund, and Cormorant Asset Management, LLC
serves as the investment manager to both the Fund and the Account.
Bihua Chen serves as the managing member of Cormorant Global
Healthcare GP, LLC and Cormorant Asset Management, LLC.  Each of
the Reporting Persons disclaims beneficial ownership of the shares
reported herein except to the extent of its or his pecuniary
interest therein.  

The Shares of Common Stock reported as of Sept. 12, 2017, include
(i) for the Master Fund, 1,411,846 shares of Common Stock and
options to acquire an additional 621,200 shares of Common Stock,
and (ii) for the Account, 288,154 shares of Common Stock and
options to acquire an additional 128,800 shares of Common Stock.
Shares of Common Stock reported herein as of Nov. 6, 2017, include
(i) for the Master Fund, 1,411,846 shares of Common Stock and
options to acquire an additional 1,037,800 shares of Common Stock,
and (ii) for the Account, 282,548 shares of Common Stock and
options to acquire an additional 212,200 shares of Common Stock.

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

                      https://is.gd/x0KikK

                    About Omeros Corporation

Omeros Corporation -- http://www.omeros.com/-- is a
commercial-stage biopharmaceutical company committed to
discovering, developing and commercializing small-molecule and
protein therapeutics for large-market as well as orphan indications
targeting inflammation, complement-mediated diseases and disorders
of the central nervous system.  The company's drug product OMIDRIA
(phenylephrine and ketorolac injection) 1% / 0.3% is marketed for
use during cataract surgery or intraocular lens (IOL) replacement
to maintain pupil size by preventing intraoperative miosis (pupil
constriction) and to reduce postoperative ocular pain.  In the
European Union, the European Commission has approved OMIDRIA for
use in cataract surgery and other IOL replacement procedures to
maintain mydriasis (pupil dilation), prevent miosis (pupil
constriction), and to reduce postoperative eye pain.  Omeros has
multiple Phase 3 and Phase 2 clinical-stage development programs
focused on: complement-associated thrombotic microangiopathies;
complement-mediated glomerulonephropathies; Huntington's disease
and cognitive impairment; and addictive and compulsive disorders.
The U.S. Food and Drug Administration has granted breakthough
therapy, fast-track and orphan drug designations across a number of
Omeros' clinical programs.  In addition, Omeros has a diverse group
of preclinical programs and a proprietary G protein-coupled
receptor (GPCR) platform through which it controls 54 new GPCR drug
targets and corresponding compounds, a number of which are in
preclinical development.  The company also exclusively possesses a
novel antibody-generating platform.

Ernst & Young LLP, in Seattle, Washington, issued a "going concern"
opinion on the consolidated financial statements for the year ended
Dec. 31, 2016, noting that the Company has recurring losses from
operations and has a net capital deficiency that raise substantial
doubt about its ability to continue as a going concern.

Omeros reported a net loss of $66.74 million for the year ended
Dec. 31, 2016, a net loss of $75.09 million for the year ended Dec.
31, 2015, and a net loss of $73.67 million for the year ended Dec.
31, 2014.  As of Sept. 30, 2017, Omeros had $125.51 million in
total assets, $116.30 million in total liabilities and $9.21
million in total shareholders' equity.


ONE HORIZON: Regains Compliance with NASDAQ Listing Requirement
---------------------------------------------------------------
One Horizon Group, Inc., said it received a letter from the NASDAQ
Listing Qualifications Staff on Nov. 6, 2017, notifying the Company
that it has regained compliance with NASDAQ's minimum bid price
requirement under NASDAQ Listing Rule 5550(a)(2) for continued
listing on NASDAQ Capital Market and NASDAQ considers the matter
closed.

On July 31, 2017, Staff notified the Company that its common stock
failed to maintain a minimum bid price of $1.00 over the previous
30 consecutive business days as required by the Listing Rules of
The NASDAQ Stock Market.  Since then, Staff has determined that for
the last 10 consecutive business days, from October 23 to Nov. 3,
2017, the closing bid price of the Company's common stock has been
at $1.00 per share or greater.  Accordingly, the Company has
regained compliance with Listing Rule 5550(a)(2) and this matter is
now closed.

                       About One Horizon

Ireland-based One Horizon Group, Inc. (NASDAQ: OHGI) --
http://www.onehorizongroup.com/-- is a reseller of secure
messaging software for the growing gaming, security and education
markets primarily in China and Hong Kong.

The Company's independent accountants Cherry Bekaert LLP, in Tampa,
Fla., issued a "going concern" opinion in its report on the
Company's consolidated financial statements for the year ended Dec.
31, 2016, stating that the Company has recurring losses and
negative cash flows from operations that raise substantial doubt
about its ability to continue as a going concern.

One Horizon reported a net loss of $5.54 million on $1.61 million
of revenue for the year ended Dec. 31, 2016, compared to a net loss
of $6.30 million on $1.53 million of revenue for the year ended in
2015.  As of June 30, 2017, One Horizon had $8.83 million in total
assets, $7.20 million in total liabilities and $1.63 million in
total stockholders' equity

"As Horizon continues to pursue its operations and business plan,
it expects to incur further losses in 2017 which, when combined
with any investment in intellectual property, will generate
negative cash flows," said the Company in its quarterly report for
the period ended June 30, 2017.  "As of June 30, 2017, the Company
did not have any available credit facilities.  As a result, it is
in the process of seeking new financing by way of sale of either
convertible debt or equities.  Subsequent to June 30, 2017, the
Company entered into a series of transactions to improve liquidity
and reduce outstanding obligations...  Whilst it has been
successful in the past in obtaining the necessary capital to
support its investment and operations, there is no assurance that
it will be able to obtain additional financing under acceptable
terms and conditions, or at all.  In the event, Horizon is unable
to obtain sufficient additional funding when needed in order to
fund ongoing research and development activities as well as
operations, it would not be able to continue as a going concern and
maybe forced to severely curtail or cease operations and liquidate
the Company."


ONEMAIN HOLDINGS: Fitch Hikes IDR to B; Outlook Remains Positive
----------------------------------------------------------------
Fitch Ratings has upgraded the Long-Term Issuer Default Ratings
(IDRs) of OneMain Holdings, Inc. (OneMain), OneMain Financial
Holdings, LLC (OneMain Financial) and Springleaf Finance Corp.
(Springleaf) to 'B' from 'B-'. Fitch has also upgraded the senior
unsecured debt ratings of OneMain Financial and Springleaf to
'B+/RR3' and 'B/RR4' from 'B/RR3' and 'B-/RR4', respectively. The
AGFC Capital Trust I trust preferred securities have been upgraded
to 'CCC/RR6' from 'CC/RR6'. The Rating Outlook remains Positive.

KEY RATING DRIVERS - IDRs, SENIOR UNSECURED DEBT, TRUST PREFERRED
SECURITIES

The ratings upgrade reflects the steady decline in the company's
leverage since the closing of the Springleaf acquisition of OneMain
in November 2015, the completion of the key components of merger
integration, the refinancing of sizeable 2017 debt maturities at a
reasonable cost, and the improving credit performance of the
portfolio and liquidity position of the firm over the past year.

The ratings also reflect OneMain's leading market position in the
personal installment lending segment, above average profitability,
proven underwriting history, and seasoned management team. Rating
constraints include below average capitalization levels which are
further weakened by the potential for regulatory restrictions on
capital being upstreamed from OneMain's insurance subsidiaries, a
reliance on wholesale funding, the higher credit risk profile of
its lending businesses which primarily target non-prime borrowers,
and elevated regulatory and legislative risk.

The Positive Rating Outlook reflects Fitch's expectation for
further declines in OneMain's leverage over the Outlook horizon.
With purchase accounting impacts on GAAP earnings likely to
diminish in 2018 and 2019, Fitch believes the company should be
able to grow its capital levels in order to drive leverage levels
down to around 7x by the end of 2018 and within the company's
long-term target of 5x-7x over the course of 2019.

At the end of the third quarter of 2017 (3Q17), OneMain's stated
leverage ratio was 9.5x, down from 18.5x at the end of 2015. On an
adjusted basis, which attempts to strip out the positive impact
that purchase accounting adjustments have on the company's leverage
ratio and make it comparable to peers, Fitch estimates OneMain's
leverage was 11.6x at 3Q17. Although higher than OneMain's stated
leverage, Fitch expects this differential to continue to narrow
over the next two years as the vast majority of the purchase
accounting adjustments amortize through GAAP earnings. Fitch also
expects loan growth to remain moderate compared to the mid-teen
growth rates that Springleaf was posting prior to merger, which
should also help reduce leverage.

Over the past year, OneMain has improved its funding and liquidity
profile by increasing the capacity of its credit facilities through
the completion of three additional term securitizations, and by
extending debt maturities by issuing two unsecured five-year debt
offerings totaling $1 billion in May 2017 at a coupon of 6.125%.
The company has been able to take advantage of attractive terms in
both the ABS and high yield debt market which should help support
its strong margins.

By raising the additional liquidity, the company has been able to
refinance a large portion of its 2017 unsecured debt maturities,
with only $560 million of debt remaining this year (compared to
$1.3 billion at the beginning of the year) and zero unsecured debt
maturities in 2018. This compares to available cash of roughly $600
million and contingent liquidity of $5.1 billion in the form of
undrawn committed credit facilities against which the company has
$4.5 billion of unencumbered loans it could pledge at Sept. 30,
2017. Fitch expects the company to use some combination of new ABS
issuance, existing cash, available credit facilities, and/or
additional unsecured debt issuance to refinance the remaining 2017
maturities. Fitch also expects OneMain to maintain a roughly even
mix of unsecured and secured debt moving forward and to maintain
unsecured debt maturities in any one year at less than 20% of the
total debt outstanding.

The company's credit performance has also stabilized in 2017
following an increase in delinquencies in the second half of 2016,
which was driven, in part, by integration-related challenges.
OneMain's 30+ day delinquency rate for its core Consumer &
Insurance (C&I) segment declined to 4.5% in 3Q17 from 4.9% a year
ago. Likewise, the net charge-off rate has declined to 6.4% in 3Q17
after peaking at 8.5% in 1Q17. Management is projecting a net
charge-off rate for full year 2017 of 7%, below its expectation at
the beginning of the year, and projecting a net charge-off rate
below 7% in 2018, which Fitch believes is achievable.

OneMain's credit performance is being aided to some degree by the
mix shift of its portfolio toward its direct auto loan product.
Direct loans represented 19% of OneMain's loan portfolio at the end
3Q17, up from 13% a year ago. While OneMain's direct auto loans,
which are primarily a cash-out product, have not been through a
full credit cycle yet, credit performance thus far has been solid
and Fitch expects direct auto loans to produce lower credit losses
than OneMain's traditional personal loan product through the
cycle.

The loan portfolio mix shift has had a negative impact on the
company's gross yield on loans, which averaged 23.9% through the
first three quarters of 2017 compared to 24.8% for the full year
2016. Management began implementing pricing increases on certain
segments of its portfolio in 3Q17, which should help to stabilize
yields in 4Q17 and into 2018. However, the loan mix shift and cost
reduction initiatives undertaken as part of the merger integration
has resulted in improved operating expense efficiency, with
operating expenses as a percentage of loans declining to 8.4% in
3Q17 compared to 9.9% in 3Q16.

Although OneMain's GAAP financial results in 2017 continued to be
significantly impacted by the effects of purchase accounting
adjustments, core financial results for the company have been
solid. The company reported GAAP net income of $144 million through
the first three quarters of 2017, down from $188 million in the
prior year period. The company's GAAP results included a negative
pre-tax impact of $287 million from acquisition related accounting
effects. The company also disclosed a negative $27 million pre-tax
impact from the hurricanes in Texas and Florida in 3Q.

Adjusted net income for the C&I segment declined on a
year-over-year basis, coming in at $336 million for the first nine
months of 2017, compared to $378 million in the prior year period.
The decline was driven by yield compression, higher provision
levels due to elevated charge-offs in the first quarter, as well as
the aforementioned impact from the hurricanes. Adjusted pre-tax
return on average receivables for the C&I segment was a still solid
5.2% over the first nine months of the year, although down from
6.2% in the year ago period.

In 3Q17, the company's net loan portfolio was up 6.3% versus the
prior year, ending the quarter at $14.3 billion. Management is
projecting ending receivables of $14.7 billion to $14.9 billion in
4Q17, implying a 9%-10% year over year growth rate.

The 'B' rating on Springleaf's senior unsecured debt is equalized
with OneMain's IDR and reflects Fitch's expectation of average
recovery prospects for the notes as expressed by the Recovery
Rating (RR) of 'RR4', which implies a stressed recovery of
31%-50%.

The 'B+' rating assigned to OneMain Financial's senior unsecured
debt is one notch higher than OneMain's 'B' IDR, reflecting Fitch's
expectation of above average recoveries for the instruments, as
indicated by the RR of 'RR3', which implies a stressed recovery of
51%-70%.

OneMain Financial's unsecured debt rating also reflects the
restrictive covenants within its existing bond indenture that limit
the level of unsecured indebtedness OneMain Financial can incur and
the outflow of capital to OneMain from OneMain Financial for so
long as the existing bonds remain outstanding. As a result, OneMain
Financial's stand-alone leverage is expected to remain considerably
lower than the consolidated entity. These positive factors are
counterbalanced by the ability of the holding company to extract up
to 50% of OneMain Financial's cumulative net income generated since
4Q14 in addition to other one-time and annual payments allowable
under the bond indenture.

AGFC Capital Trust I is a special-purpose entity that was
established in 2007 to facilitate the issuance of trust preferred
securities on behalf of Springleaf. The 'CCC' rating on AGFC's
trust preferred securities is two-notches below Springleaf's IDR,
reflecting the subordinated nature of the instrument as indicated
by the RR of 'RR6', which implies a stressed recovery of 0%-10%.

RATING SENSITIVITIES - IDRs, SENIOR UNSECURED DEBT, TRUST PREFERRED
SECURITIES

OneMain's ratings could be upgraded if consolidated leverage is
brought down to the company's targeted level of 5x-7x, liquidity
and unsecured debt coverage levels remain appropriately managed,
and credit performance remains within Fitch expectations. In
addition, upward momentum would benefit from a proportionate
reduction in capital held at its insurance subsidiaries and the
absence of developments in the regulatory landscape that
significantly impact OneMain's core businesses.

Conversely, negative ratings momentum could be driven by an
inability to access the capital markets at a reasonable cost,
greater competitive intensity in the nonprime lending segment,
substantial credit quality deterioration, a significant increase in
asset encumbrance, potential new and more onerous rules and
regulations, as well as potential shareholder-friendly actions such
as initiating shareholder distributions that are inconsistent with
the company's long-term leverage and liquidity targets. An
inability to further deleverage the balance sheet could also result
in the Outlook being revised to Stable from Positive.

Additionally, given the firm's private equity ownership, to the
extent a sale of the company was to result in a meaningful change
in the company's strategy and/or financial profile, it could also
result in negative rating actions.

Although Fitch believes OneMain may have higher longer-term ratings
potential reflecting its strong franchise and profitability,
potential upward momentum will likely be limited to below
investment-grade levels, given OneMain's monoline business model,
core demographic and high reliance on the capital markets for
funding. Furthermore, Fitch views the elevated regulatory,
legislative and litigation risks that exist for OneMain, as well as
a lack of prudential regulation, as key rating constraints.

The rating assigned to Springleaf's senior unsecured debt is
equalized with OneMain's IDR, and therefore, would be expected to
move in tandem with any change in OneMain's IDR, absent a material
change in the recovery prospects for the senior unsecured notes, as
expressed by the RR. Were OneMain to incur material additional
secured debt, such that the recovery prospects for Springleaf's
senior unsecured notes were viewed as below average, this could
result in a downgrade of the notes and the RR.

The rating assigned to OneMain Financial's senior unsecured debt is
one notch above OneMain's IDR, and would be expected to move in
tandem with any change in OneMain's IDR, absent a material change
in the recovery prospects for the senior unsecured notes, as
expressed by the RR, or material changes to OneMain Financial's
bond indenture. Were OneMain Financial to incur material additional
secured debt, such that the recovery prospects for the senior
unsecured notes were viewed as average or below average, this could
result in a downgrade of the notes and the RR.

The ratings assigned to AGFC Capital Trust I's trust preferred
securities are primarily sensitive to changes in OneMain's IDR and
to a lesser extent, the recovery prospects of the instrument.

Fitch has upgraded the following ratings:

OneMain Holdings, Inc.
-- Long-Term IDR to 'B' from 'B-'.

Springleaf Finance Corp.
-- Long-term IDR to 'B' from 'B-';
-- Senior unsecured debt to 'B/RR4' from 'B-/RR4'.

OneMain Financial Holdings, LLC
-- Long-Term IDR to 'B' from 'B-';
-- Senior unsecured debt to 'B+/RR3' from 'B/RR3'.

AGFC Capital Trust I
-- Trust preferred securities to 'CCC/RR6' from 'CC/RR6'.

The Rating Outlook is Positive.


OPC MARKETING: Taps Eric A. Liepins as Legal Counsel
----------------------------------------------------
OPC Marketing, Inc. seeks approval from the U.S. Bankruptcy Court
for the Northern District of Texas to hire Eric A. Liepins, P.C. as
its legal counsel.

The firm will assist the Debtor in liquidating its assets;
determine the validity of claims against its bankruptcy estate; and
provide other legal services related to its Chapter 11 case.

Eric Liepins, Esq., will charge $275 per hour for his services.
The hourly fees for paralegals and legal assistants range from $30
to $50.

Mr. Liepins disclosed in a court filing that his firm does not
represent any interest adverse to the Debtor's estate.

The firm can be reached through:

     Eric A. Liepins, Esq.
     Eric A. Liepins, P.C.
     12770 Coit Road, Suite 1100
     Dallas, TX 75251
     Phone: (972) 991-5591
     Fax: (972) 991-5788

                     About OPC Marketing Inc.

OPC Marketing Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Tex. Case No. 17-34095) on November 1,
2017.  Michael Honochowicz, its chief executive officer, 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 less
than $1 million.


PACIFIC DRILLING: Files Voluntary Chapter 11 Bankruptcy Petition
----------------------------------------------------------------
Pacific Drilling S.A. on Nov. 12, 2017, disclosed that, with the
aim to optimize its capital structure pending recovery in the
floating rig drilling industry, it and certain of its domestic and
international subsidiaries have filed petitions for relief under
Chapter 11 of the United States Bankruptcy Code in the United
States Bankruptcy Court for the Southern District of New York.  The
Company intends to use the Chapter 11 process to pursue a
comprehensive restructuring of the Company’s approximately $3.0
billion in principal amount of outstanding funded debt.

With approximately $350 million of cash and cash equivalents as of
Sept. 30, 2017 and seven of the most advanced high-specification
drillships in the world, the Company intends to continue its
world-wide operations as usual and to perform and pay all
obligations incurred during its Chapter 11 case in full, subject to
court approval.

Voluntary Reorganization under Chapter 11

After reviewing the alternatives for addressing its balance sheet
long-term under U.S. and non-U.S. laws, the Company decided that
Chapter 11 was the best available forum for its restructuring.  The
Company intends that Chapter 11 will provide it a respite from
creditor claims in order to explore alternatives to reorganize in a
manner that maximizes the enterprise value of the Company and is
fair to all stakeholders.

"We enter Chapter 11 with a strong cash position and the dedicated
team necessary to continue to deliver the highest quality service
to our customers in the safest and most efficient manner," Chief
Executive Officer, Paul Reese, said.  "Throughout the Chapter 11
process, we anticipate using our strong cash position to meet all
ongoing obligations to our employees, customers, vendors, suppliers
and others."

The Company has taken this step after discussions with key
constituencies, including substantial holders of its indebtedness
and intends to work towards a consensual restructuring of its
balance sheet in the best interests of its stakeholders.  "We look
forward to continuing discussions with our stakeholders during the
Chapter 11 proceedings and thank all those involved for their
efforts so far," continued Mr. Reese.

The Company intends to continue to file quarterly and annual
reports with the Securities and Exchange Commission, which will
also be available on its website.

Third-Quarter 2017 Operational and Financial Commentary

The Company also announced a net loss for third-quarter 2017 of
$157.5 million or $7.38 per diluted share, compared to a net loss
of $138.1 million or $6.48 per diluted share for second-quarter
2017, and net income of $0.2 million or $0.01 per diluted share for
third-quarter 2016.

Contract drilling revenue for third-quarter 2017 was $82.1 million,
which included $5.5 million of deferred revenue amortization,
compared to second-quarter 2017 contract drilling revenue of $67.1
million, which included $5.1 million of deferred revenue
amortization.  The increase in revenues resulted primarily from the
Pacific Scirocco starting its contract with Hyperdynamics mid
second-quarter 2017 compared to operating the majority of
third-quarter 2017.  During third-quarter 2017, the Company's
operating fleet achieved a record average revenue efficiency(a) of
99.9%.

Operating expenses for third-quarter 2017 were $58.9 million as
compared to $65.0 million for second-quarter 2017. Operating
expenses for third-quarter 2017 included $2.7 million in
amortization of deferred costs, $0.9 million in reimbursable
expenses and $6.8 million in shore-based and other support costs.

General and administrative expenses for third-quarter 2017 were
$22.1 million, compared to $20.1 million for second-quarter 2017.
Excluding certain legal and financial advisory fees of $6.8 million
in third-quarter 2017 and $6.4 million in second-quarter 2017, then
Company's corporate overhead expenses(b) for third-quarter 2017
were $15.3 million, compared to $13.7 million for second-quarter
2017.  The increase in corporate overhead expenses was primarily
related to severance related costs.

Adjusted EBITDA(c) for third-quarter 2017 was $1.9 million,
compared to Adjusted EBITDA of $(17.6) million in second-quarter
2017. The increase in Adjusted EBITDA was primarily the result of
increased revenues during third-quarter 2017.

Net loss for third-quarter 2017 included a write-off of $30.8
million of deferred financing costs, and an other-than-temporary
impairment in our available-for-sale securities of $6.1 million,
recorded in other expense.

For third-quarter 2017, cash flow from operations was $(33.1)
million.  Cash balances, including $8.5 million in restricted cash,
totaled $358.3 million as of September 30, 2017, and total
outstanding debt was $3.0 billion.

The Company will not be holding an earnings conference call this
quarter.

                      About Pacific Drilling

Based in Luxembourg, Pacific Drilling S.A. (OTCPink: PACDF) --
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 $126.2 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.


PACIFIC JANITORIAL: Hires Michael Jay Berger as Bankruptcy Counsel
------------------------------------------------------------------
Southern Pacific Janitorial Group, Inc. seeks approval from the
U.S. Bankruptcy Court for the Central District of California,
Riverside Division, to employ the Law Offices of Michael Jay Berger
as general bankruptcy counsel.

Services to be rendered by the Counsel are:

     a. assist the Debtor in planning a reorganization of its
        business;

     b. review the previously filed bankruptcy petition and all
        necessary schedules and financial statements for the
        Debtor;

     c. assist the Debtor in compliance with the requirements of
        the Office of the United States Trustee; and

     d. write to, speak to, and meet in person with the Debtor's
        creditors as needed to ensure that they respect the
        automatic stay, explain the facts and circumstances
        surrounding the case, investigate possible claims against
        the Debtor, and gain its cooperation with regards to the
        continued business of the Debtor.

The firm's professionals and their hourly rates are:

     Michael Jay Berger   $525
     Sofya Davtan         $400
     Ori Blumenfeld       $395
     Mid-level Associate  $350
     Paralegals           $200

Michael Jay Berger, owner of the Law Offices of Michael Jay Berger,
attests that his firm neither holds nor represents any interest
materially adverse to the Debtor.

The Counsel can be reached through:

     Michael Jay Berger, Esq.
     Law Office of Michael Jay Berger
     9454 Wilshire Boulevard, 6th Floor
     Beverly Hills, CA 90212
     Phone: 310-271-6223
     Fax: 310-271-9805
     Email: michael.berger@bankruptcypower.com

             About Southern Pacific Janitorial Group

Southern Pacific Janitorial Group, Inc. filed a Chapter 11 petition
(Bankr. C.D. Cal. Case No. 17-18926) on October 26, 2017, listing
its assets and liabilities under $1 million. The Debtor is
represented by Michael Jay Berger, Esq., as counsel.


PATTINIS LLC: Taps Buddy D. Ford as Legal Counsel
-------------------------------------------------
Pattinis LLC seeks approval from the U.S. Bankruptcy Court for the
Middle District of Florida to hire Buddy D. Ford P.A. as its legal
counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; negotiate with creditors in the preparation of a
bankruptcy plan; and provide other legal services related to its
Chapter 11 case.

The firm's hourly rates are:

     Buddy Ford, Esq.      $425
     Senior Associates     $375
     Junior Associates     $300
     Senior Paralegals     $150
     Junior Paralegals     $100

The Debtor has agreed to pay the firm a retainer in the sum of
$15,000.

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

The firm can be reached through:

     Buddy D. Ford, Esq.
     Jonathan A. Semach, Esq.
     Buddy D. Ford P.A.
     9301 West Hillsborough Avenue
     Tampa, FL 33615-3008
     Tel: (813) 877-4669
     Email: Buddy@TampaEsq.com
     Email: All@tampaesq.com

                        About Pattinis LLC

Pattinis LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 17-09138) on October 30, 2017.  At
the time of the filing, the Debtor disclosed that it had estimated
assets of less than $50,000 and liabilities of less than $500,000.


PEARL ALLEN: Disclosure Statement Hearing Set for Dec. 7
--------------------------------------------------------
Judge Michael J. Kaplan of the U.S. Bankruptcy Court for the
Western District of New York is set to hold a hearing on Dec. 7,
2017, at 10:00 a.m. to consider the approval of Pearl Allen Ltd's
disclosure statement filed on Oct. 30, 2017.

Dec. 4, 2017, is fixed as the last day for filing and serving
written objections to the disclosure statement.

March 9, 2016, was fixed as the last day for filing proofs of claim
in this case.

                    About Pearl Allen Ltd

Pearl Allen Ltd, based in Buffalo, NY, filed a Chapter 11 petition
(Bankr. W.D.N.Y. Case No. 15-12224) on October 16, 2015. Arthur G.
Baumeister, Jr., Esq., at Amigone Sanchez & Mattrey LLP, serves as
bankruptcy counsel.

In its petition, the Debtor estimated $1.03 million in assets and
$674,959 in liabilities. The petition was signed by J. Anthony
DiGiulio, vice president.



PERFORMANCE SPORTS: Plan Confirmation Hearing Set for Dec. 20
-------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware will hold a
hearing on Dec. 20, 2017, at 5:00 p.m. (ET) in Courtroom 5, 5th
Floor, 824 N. Market Street, Wilmington, Delaware, to consider
confirmation of the first amended joint Chapter 11 plan of
liquidation of Old BPSUSH Inc. and its debtor-affiliates.
Objections to the confirmation of the Debtors' Plan, if any, are
due no later than 4:00 p.m. (ET) on Dec. 12, 2017.

As reported by the Troubled Company Reporter, Old PSG Wind-down
Ltd., formerly, Performance Sports Group Ltd., on Nov. 1, 2017,
disclosed that the Delaware Bankruptcy Court has approved the
disclosure statement with respect to the first amended joint
Chapter 11 plan of liquidation in the Debtors' jointly administered
Chapter 11 cases pending in the Bankruptcy Court filed by the
Company and its affiliated debtors.  The Bankruptcy Court also
approved the related solicitation procedures and materials and
authorized the Debtors to commence soliciting creditors and holders
of equity interests entitled to vote to accept or reject the Plan.
The Company had previously obtained authorization from the Ontario
Superior Court of Justice (Commercial List) to solicit votes and
elections by holders of claims and equity interests with respect to
the treatment of their claims and equity interests through the Plan
in accordance with, and pursuant to, the process approved by the
Bankruptcy Court.  The Bankruptcy Court and Canadian Court are
jointly overseeing the Debtors' restructuring proceedings.

The Plan is based on a global settlement among the Debtors and
their stakeholders that, among other things, is intended to provide
for payment to the Debtors' creditors in the full amount of their
allowed claims and the potential distribution of the Debtors'
remaining assets to the Company's shareholders of an as yet
indeterminate amount.  The Plan also incorporates a settlement that
provides for distributions to the Plumbers & Pipefitters National
Pension Fund, in its capacity as court-appointed lead plaintiff
(the "Lead Plaintiff") in the securities class action litigation
styled as Nieves v. Performance Sports Group Ltd., et al., Case No.
1:16-CV-3591-GHW (S.D.N.Y.) on behalf of the Lead Plaintiff and a
putative class and resolves certain disputes regarding confirmation
of the Plan.

The Debtors intend to proceed expeditiously to commence the mailing
of ballots and other solicitation materials concerning the Plan in
connection with the solicitation of votes to accept or reject the
Plan.  If the Plan is accepted by the necessary number and amount
of the Debtors' stakeholders entitled to vote, the Debtors will
seek confirmation of the Plan by the Bankruptcy Court and a
companion distribution and approval order from the Canadian Court,
under the Companies' Creditors Arrangement Act, to effectuate the
Plan in the United States and Canada, respectively.  A joint
hearing before the Bankruptcy Court and the Canadian Court to
confirm the Plan and obtain the CCAA Approval Order is scheduled to
be heard on or about December 20, 2017.

                    About Performance Sports

Exeter, N.H.-based Performance Sports Group Ltd. --
http://www.PerformanceSportsGroup.com/-- is a developer and  
manufacturer of ice hockey, roller hockey, lacrosse, baseball and
softball sports equipment, as well as related apparel and soccer
apparel.

On Oct. 31, 2016, Performance Sports Group Ltd. and certain of its
affiliates filed voluntary petitions under Chapter 11 of the
Bankruptcy Code in the District of Delaware and commenced
proceedings under the Companies' Creditors Arrangement Act in the
Ontario Superior Court of Justice.

The U.S. Debtors are: BPS US Holdings Inc.; Bauer Hockey, Inc.;
Easton Baseball/Softball Inc.; Bauer Hockey Retail Inc.; Bauer
Performance Sports Uniforms Inc.; Performance Lacrosse Group Inc.;
BPS Diamond Sports Inc.; and PSG Innovation Inc.

The Canadian Debtors are: Performance Sports Group Ltd.; KBAU
Holdings Canada, Inc.; Bauer Hockey Retail Corp.; Easton
Baseball/Softball Corp.; PSG Innovation Corp. Bauer Hockey Corp.;
BPS Canada Intermediate Corp.; BPS Diamond Sports Corp.; Bauer
Performance Sports Uniforms Corp.; and Performance Lacrosse Group
Corp.

The Debtors hired Paul, Weiss, Rifkind, Wharton & Garrison LLP as
counsel; Young Conaway Stargatt & Taylor, LLP as co-counsel;
Stikeman Elliott LLP as Canadian legal counsel; Centerview LLP as
investment banker to the special committee; Alvarez & Marsal North
America, LLC, as restructuring advisor; Joele Frank, Wilkinson,
Brimmer, Katcher as communications & relations advisor; KPMG LLP as
auditors; and Prime Clerk LLC as notice, claims, solicitation and
balloting agent.

Ernst & Young LLP is the monitor in the CCAA cases.  The Monitor
tapped Thornton Grout Finnigan LLP, Allen & Overy LLP, and Buchanan
Ingersoll & Rooney PC as attorneys.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Nov. 10, 2016,
appointed three creditors of BPS US Holdings, Inc., parent of
Performance Sports, to serve on the official committee of unsecured
creditors.  The Creditors' Committee retained by Blank Rome LLP as
counsel, Cassels Brock & Blackwell LLP as Canadian co-counsel, and
Province Inc. as financial advisor.

The U.S. Trustee appointed a committee of equity security holders.

The equity committee is represented by Natalie D. Ramsey, Esq., and
Mark A. Fink, Esq., at Montgomery, McCracken, Walker & Rhoads, LLP;
and Robert J. Stark, Esq., Steven B. Levine, Esq., James W. Stoll,
Esq., and Andrew M. Carty, Esq., at Brown Rudnick LLP.

The U.S. Court appointed M.J. Renick & Associates LLC as the fee
examiner.

                          *     *     *

As reported by the Troubled Company Reporter, effective as of Feb.
27, 2017, the Company consummated the sale of substantially all of
the assets of the Company and its North American subsidiaries,
including its European and global operations, pursuant to an asset
purchase agreement, dated as of Oct. 31, 2016, as amended, by and
among the Sellers, 9938982 Canada Inc., an acquisition vehicle
co-owned by affiliates of Sagard Holdings Inc. and Fairfax
Financial Holdings Limited, and the designated purchasers party
thereto, for a base purchase price of US$575 million in aggregate,
subject to certain adjustments, and the assumption of related
operating liabilities.

The transaction was the culmination of the process commenced by the
Sellers pursuant to creditor protection proceedings launched on
Oct. 31, 2016, in the Ontario Superior Court of Justice under the
Companies' Creditors Arrangement Act, and in the U.S. Bankruptcy
Court for the District of Delaware under Chapter 11 of the
Bankruptcy Code, as amended.

The Company conducted a court-supervised sale and auction process
as part of its Canadian and U.S. court proceedings.  The bid made
by the Purchaser served as the "stalking horse" bid for purposes of
the process and was ultimately determined to be the successful bid
in accordance with the related court approved bidding procedures.

In accordance with, and pursuant to, the terms and conditions of
the Agreement, the Company has changed its name to "Old PSG
Wind-down Ltd." from "Performance Sports Group Ltd." effective as
of March 20, 2017.  BPS US Holdings Inc. changed its name to Old
BPSUSH Inc.

On Aug. 25, 2017, the Debtors filed their original Plan of
Liquidation and related Disclosure Statement.  On Oct. 19, 2017,
the Debtors filed their modified Plan of Liquidation and modified
Disclosure Statement.


PETCO ANIMAL: Bank Debt Trades at 18.75% Off
--------------------------------------------
Participations in a syndicated loan under Petco Animal Supplies is
a borrower traded in the secondary market at 81.25
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.05 percentage points from the
previous week. Petco Animal Supplies pays 325 basis points above
LIBOR to borrow under the $2.506 billion facility. The bank loan
matures on Jan. 26, 2023 and Moody's did not give any rating and
Standard & Poor's B rating.  The loan is one of the biggest gainers
and losers among 247 widely quoted syndicated loans with five or
more bids in secondary trading for the week ended November 3.


PETSMART INC: Bank Debt Trades at 14.42% Off
--------------------------------------------
Participations in a syndicated loan under Petsmart Inc is a
borrower traded in the secondary market at 85.58
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.59 percentage points from the
previous week. Petsmart Inc pays 300 basis points above LIBOR to
borrow under the $4.246 billion facility. The bank loan matures on
Mar. 10, 2022 and Moody's Ba3 rating and Standard & Poor's B
rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended November 3.


PIONEER ENERGY: Closes $250 Million Financing Agreements
--------------------------------------------------------
Pioneer Energy Services Corp. has closed on the previously
announced new $175 million senior secured term loan and a new $75
million senior secured revolving asset-based lending facility.  The
proceeds from the financings were used to fully repay and retire
the company's prior $150 million revolving credit facility which
had an outstanding balance of $101.7 million.

The Term Loan is set to mature in November 2022, or earlier,
subject to certain circumstances, incurs interest at a rate of
LIBOR plus 775 basis points and includes an asset coverage ratio
covenant of 1.5 to 1.0.  The ABL Facility is set to expire in
November 2022, or earlier, subject to certain circumstances, and
incurs interest on any outstanding amounts at a rate of LIBOR plus
an applicable margin of 175 basis points to 225 basis points. Based
on the company's receivables and inventory at September 30, 2017,
the ABL Facility provides immediate access to approximately $47
million of the $75 million available, which is net of $11.8 million
of letters of credit required for insurance collateral.

"This Term Loan combined with the ABL Facility will provide greater
financial flexibility and increased liquidity that will allow us to
grow as further improvements in the energy markets drive demand for
new drilling rigs and production services equipment," said Wm.
Stacy Locke, Pioneer's president and chief executive officer.
"Looking forward, we plan to maintain capital discipline, and
remain committed to a strong balance sheet," Mr. Locke said.

Additional details regarding the Term Loan and the ABL Facility can
be found in the Current Report on Form 8-K that the Company filed
with the U.S. Securities and Exchange Commission, a copy of which
is available for free at https://is.gd/X830so

                         About Pioneer

Pioneer Energy Services -- http://www.pioneeres.com/--provides
well, wireline, and coiled tubing services to producers in the U.S.
Gulf Coast, offshore Gulf of Mexico, Mid-Continent and Rocky
Mountain regions through its Production Services Segment.  Pioneer
also provides contract land drilling services to oil and gas
operators in Texas, the Mid-Continent and Appalachian regions and
internationally in Colombia through its Drilling Services Segment.

Pioneer Energy incurred a net loss of $128.4 million in 2016, a net
loss of $155.1 million in 2015, and a net loss of $38.01 million in
2014.  As of Sept. 30, 2017, Pioneer Energy had $707.44 million in
total assets, $485.91 million in total liabilities and $221.52
million in total shareholders' equity.

                           *    *    *

Moody's Investors Service, on March 3, 2016, downgraded Pioneer
Energy's Corporate Family Rating (CFR) to 'Caa3' from 'B2',
Probability of Default Rating (PDR) to 'Caa3-PD' from 'B2-PD', and
senior unsecured notes to 'Ca' from 'B3'.  

"The rating downgrades were driven by the material deterioration in
Pioneer Energy's credit metrics through 2015 and our expectation of
continued deterioration through 2016.  The demand outlook for
drilling and oilfield services is extremely weak, as witnessed by
the steep and continued drop in the US rig count" said Sreedhar
Kona, Moody's vice president.  "The negative outlook reflects the
deteriorating fundamentals of the services sector and the
likelihood of covenant breaches."

As reported by the TCR on Nov. 8, 2017, S&P Global Ratings affirmed
its 'B-' corporate credit rating on Pioneer Energy Services Corp.
The outlook is negative.  "Our rating affirmation follows Pioneer's
announcement of a new $175 million term loan B and implementation
of a new $75 million ABL revolving credit facility.


PJ HOSPITALITY: Taps Robert Bassel as Bankruptcy Counsel
--------------------------------------------------------
PJ Hospitality, Inc. seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Michigan to hire Robert Bassel, Esq.,
as its attorney.

Mr. Bassel will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.  The attorney will charge an hourly fee of
$300.

The Debtor's principal paid the attorney a retainer in the sum of
$11,717, of which $1,717 was used to pay the filing fees while
$3,500 was used to pay pre-bankruptcy legal fees, leaving a
retainer of $6,500.

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

Mr. Bassel maintains an office at:

     Robert N. Bassel, Esq.
     P.O. Box T
     Clinton, MI 49236
     Phone: 248-677-1234
     Email: bbassel@gmail.com

                     About PJ Hospitality Inc.

PJ Hospitality, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Mich. Case No. 17-53794) on October 3,
2017.  Patrick Coleman, principal, signed the petition.

At the time of the filing, the Debtor disclosed that it had
estimated assets of less than $100,000 and liabilities of less than
$1 million.

Judge Marci McIvor presides over the case.


PLAIN LEASING: Wants Court to Approve Plan Outline
--------------------------------------------------
Plain Leasing, Inc. filed a motion asking the U.S. Bankruptcy Court
for the Central District of California for an order authorizing and
approving adequacy of its disclosure statement describing its
chapter 11 plan.

Asserting that the Disclosure Statement contains adequate
information, the Debtor asks the Court for an authorization to
disseminate the Disclosure Statement.

The Debtor also asks the Court fix requisite dates, deadline, and
briefing procedures.

                   About Plain Leasing

Plain Leasing, Inc., f/k/a K Trans, Inc., which rents out trucks
and chassis, filed a Chapter 11 bankruptcy petition (Bankr. C.D.
Cal. Case No. 17-12539) on March 2, 2017.  The petition was signed
by Ji K. Lim, president.  At the time of filing, the Debtor
estimated at least $50,000 in assets and $500,000 to $1 million in
liabilities.  The case is assigned to Judge Robert Kwan.  The
Debtor is represented by Joon M. Khang, Esq., at Khang & Khang
LLP.

The Office of the U.S. Trustee on July 5, 2017, appointed three
creditors of to serve on the official committee of unsecured
creditors.  The committee members are: (1) Jae Seung Rho; (2) Sam
Lee aka Yoon Lee; and (3) James Jae.  The Committee retained
Blakeley LLP as counsel, and the Law Firm of Kim & Min as special
counsel.


PSIVIDA CORP: Incurs $5.98 Million Net Loss in First Quarter
------------------------------------------------------------
pSivida Corp. filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q reporting a net loss of $5.98 million
on $385,000 of total revenues for the three months ended Sept. 30,
2017, compared to a net loss of $7.16 million on $277,000 of total
revenues for the three months ended Sept. 30, 2016.

As of Sept. 30, 2017, Psivida had $13.32 million in total assets,
$4.32 million in total liabilities and $9 million in total
stockholders' equity.

"Our fiscal 2018 year-to-date operations were financed primarily
from existing capital resources at June 30, 2017.  At September 30,
2017, our principal sources of liquidity were cash and cash
equivalents that totaled $11.8 million, which included $1.0 million
of gross proceeds received during the three months ended September
30, 2017 from sales of 843,784 shares of common stock under the
at-the-market ("ATM") program.  From October 1, 2017 through
November 7, 2017, we sold an additional 5,056,216 shares of common
stock under the ATM program for gross proceeds of approximately
$6.2 million.  On account of the ASX listing rules, and after
aggregating all of the shares sold under the ATM program from July
2017 through November 7, 2017, we may not issue additional shares
of common stock without obtaining stockholder approval of any
further issuances of common shares during the ensuing 12-month
period. On November 3, 2017, we filed a preliminary proxy statement
with the SEC in connection with our annual meeting of stockholders
to be held on December 15, 2017, which includes proposals to (i)
ratify the ATM sales pursuant to Australian Securities Exchange
("ASX") Listing Rule 7.4 in order to refresh our capacity to issue
shares of common stock up to 15% of our issued capital without
prior stockholder approval pursuant to ASX Listing Rule 7.1 and
(ii) approve the issuance of additional equity securities up to an
additional 10% of the Company's issued capital which, if approved,
would permit us to issue up to 25% of our issued and outstanding
capital without any further stockholder approval in the next 12
months, unless such stockholder approval is required by applicable
law, the rules of the ASX or the rules of another stock exchange on
which our securities may be listed at the time."

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

                        https://is.gd/eLoB95

                        About pSivida Corp.

Headquartered in Watertown, Mass., pSivida Corp. develops drug
delivery products primarily for the treatment of chronic eye
diseases.  The Company has developed three products for treatment
of back-of-the-eye diseases, which include Medidur for posterior
segment uveitis, its lead product candidate that is in pivotal
Phase III clinical trials; ILUVIEN for diabetic macular edema
(DME), its lead licensed product that is sold in the United States
and European Union (EU) countries, and Retisert.  Medidur is
designed to treat chronic non-infectious uveitis affecting the
posterior segment of the eye (posterior segment uveitis).  ILUVIEN
is an injectable micro-insert that provides treatment of DME from a
single injection.  Retisert is an implant that provides treatment
of posterior segment uveitis.

pSivida Corp. reported net loss of $18.48 million on $7.54 million
of total revenues for the fiscal year ended June 30, 2017, compared
with a net loss of $21.55 million on $1.62 million of total
revenues in 2016.

Deloitte & Touche LLP issued a "going concern" qualification in its
report on the consolidated financial statements for the year ended
June 30, 2017, stating that the Company's anticipated recurring use
of cash to fund operations in combination with no probable source
of additional capital raises substantial doubt about its ability to
continue as a going concern.


PSIVIDA CORP: Incurs $5.98 Million Net Loss in First Quarter FY18
-----------------------------------------------------------------
pSivida Corp. filed with the Securities and Exchange Commission its
quarterly report on Form 10-Q reporting a net loss of $5.98 million
on $385,000 of total revenues for the three months ended Sept. 30,
2017, compared to a net loss of $7.16 million on $277,000 of total
revenues for the three months ended Sept. 30, 2016.

The Company's balance sheet as of Sept. 30, 2017, showed $13.32
million in total assets, $4.32 million in total liabilities and $9
million in total stockholders' equity.

During the fiscal 2018 first quarter, the Company issued 843,784
shares of common stock for gross proceeds of approximately $1.0
million through utilization of its existing at-the-market (ATM)
equity offering program.  At Sept. 30, 2017, the Company's cash and
cash equivalents totaled $11.8 million.  Subsequent to the first
quarter, the Company has continued to strengthen its balance sheet
by further utilizing the ATM program, issuing approximately 5.0
million additional shares of common stock for gross proceeds of
approximately $6.2 million.

Following a pre-NDA meeting with the FDA for Durasert three-year
uveitis, which resulted in no changes to the Company's proposed
clinical data package, the Company continues to execute plans to
file an NDA in late December 2017/early January 2018.  pSivida
entered into two collaboration agreements with global
pharmaceutical companies to develop sustained release formulations
of glaucoma drugs.  The Company also commenced a GLP safety and
pharmacokinetic (PK) study of a shorter-duration Durasert for
posterior segment uveitis.

"We continued to build our operating momentum during the fiscal
first quarter," commented Nancy Lurker, president & CEO.  "We
signed two collaboration agreements with leading pharmaceutical
companies that illustrate our ability to leverage our proven drug
release technology to generate non-dilutive financing.  We have a
number of milestones over the next few months, primarily the NDA
filing for posterior segment uveitis, which we continue to expect
to file in late December 2017 or early January 2018.  We await the
data from the Phase 1 knee osteoarthritis (OA) trial and continue
pre-clinical work on our shorter-duration Durasert."

Anticipated Near-Term Milestones:

   * File the Durasert three-year posterior segment uveitis NDA in

     the U.S. in late December 2017/early January 2018.

   * Present clinical study data at leading medical conferences,
     including the American Academy of Ophthalmology (AAO) annual
     meeting.

   * Report the initial 24-week data for the Phase 1 trial of knee

     osteoarthritis (OA).

   * Finalize additional collaboration agreements with
     biopharmaceutical companies and other third parties.

   * Successful completion of GLP safety and PK studies of a
     shorter-duration Durasert for posterior segment uveitis in
     the fourth quarter of calendar 2018.

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

                       https://is.gd/eLoB95

                        About pSivida Corp.

Headquartered in Watertown, Mass., pSivida Corp. develops drug
delivery products primarily for the treatment of chronic eye
diseases.  The Company has developed three products for treatment
of back-of-the-eye diseases, which include Medidur for posterior
segment uveitis, its lead product candidate that is in pivotal
Phase III clinical trials; ILUVIEN for diabetic macular edema
(DME), its lead licensed product that is sold in the United States
and European Union (EU) countries, and Retisert.  Medidur is
designed to treat chronic non-infectious uveitis affecting the
posterior segment of the eye (posterior segment uveitis).  ILUVIEN
is an injectable micro-insert that provides treatment of DME from a
single injection.  Retisert is an implant that provides treatment
of posterior segment uveitis.

pSivida reported a net loss of $18.48 million on $7.54 million of
total revenues for the fiscal year ended June 30, 2017, compared
with a net loss of $21.55 million on $1.62 million of total
revenues in 2016.

In its report on the consolidated financial statements for the year
ended June 30, 2017, Deloitte & Touche LLP stated that the
Company's anticipated recurring use of cash to fund operations in
combination with no probable source of additional capital raises
substantial doubt about its ability to continue as a going concern.


QUADRANT 4: Stratitude Taps Livingstone as Investment Banker
------------------------------------------------------------
Stratitude Inc., a subsidiary of Quadrant 4 System Corp., seeks
approval from the U.S. Bankruptcy Court for the Northern District
of Illinois to hire Livingstone Partners LLC as its investment
banker.

As investment banker, Livingstone will focus on the marketing of
the Debtor's business to secure a buyer and effectuate a sale
pursuant to section 363 of the Bankruptcy Code.  The firm's
services will include:

     (a) analyzing and evaluating the Debtor's business,
         operations and financial position;

     (b) preparing an offering memorandum for distribution
         and presentation to potential purchasers;

     (c) assisting in the preparation and implementation of
         a marketing plan;

     (d) assisting in the screening of interested prospective
         purchasers;

     (e) identifying and contacting selected prospective
         purchasers;

     (f) assisting in coordinating the data from and with
         potential purchasers' due diligence investigations;

     (g) evaluating proposals received from potential
         purchasers;

     (h) assisting in structuring and negotiating the sale;
         and

     (i) communicating with representatives of the Debtor,
         official committee of unsecured creditors, secured
         lenders and others to discuss the sale and its
         financial implications.

Livingstone's compensation is comprised of two components:

     (i) a monthly retainer fee of $15,000, subsequently
         capped by agreement at $75,000, all of which was paid
         prior to the petition date; and

    (ii) for any offer, in the aggregate, received under the
         terms of the engagement agreement, Livingstone's fee
         will be paid in cash at closing of the sale of assets
         equal to the greater of $750,000 or 3% of the total
         consideration received from all such sales of the
         Debtor's assets, in whole or in piecemeal up to
         $35 million, and 5% of such total consideration in
         excess of $35 million.

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

The firm can be reached through:

     Joseph Greenwood
     Livingstone Partners LLC
     443 N Clark Street #200
     Chicago, IL 60654

                     About Quadrant 4 System

Quadrant 4 System Corporation (OTC:QFOR) -- http://www.qfor.com/--
sells IT products and services.  Its revenues are primarily
generated from the placement of staffing or solution consultants,
and the sale and licensing of its proprietary cloud-based Software
as a Service (SaaS) systems, as well as a wide range of technology
oriented services and solutions.  The company's principal executive
offices are located in Schaumburg Illinois.  It also operates its
business from various offices located in Naples, Florida;
Alpharetta, Georgia; Bingham Farms, Michigan; Cranbury, New Jersey;
Pleasanton, California; and Ann Arbor, Michigan.

Quadrant 4 is the 100% owner of the issued and outstanding common
stock of Stratitude, Inc., a California corporation, which it
acquired on or about Nov. 3, 2016. Concurrently with the Stratitude
Acquisition, Stratitude acquired certain of the assets of Agama
Solutions, Inc., a California corporation.  Both Stratitude and
Agama are located in Pleasanton and Fremont, California and are
engaged in the IT business.

Quadrant 4 disclosed total assets of $47.05 million and total
liabilities of $31.39 million as of Sept. 30, 2016.

Quadrant 4 filed a Chapter 11 petition (Bankr. N.D. Ill. Case No.
17-19689) on June 29, 2017.  CEO Robert H. Steele signed the
petition.

Stratitude, Inc. filed a Chapter 11 petition (Bankr. N.D. Ill. Case
No. 17-30724) on October 13, 2017.  The case is jointly
administered with that of Quadrant 4.  The Debtors' cases are
assigned to Judge Jack B. Schmetterer.

Quadrant 4, which was subject to a securities fraud probe that led
to the arrest and resignation of its top two executives seven
months ago, sought Chapter 11 protection after reaching a
settlement with the U.S. Securities and Exchange Commission and
signing deals to sell four business segments for at least $6.9
million.

The Debtors are represented by Adelman & Gettleman Ltd as
bankruptcy counsel.  Nixon Peabody LLP acts as special counsel to
the Debtors for matters concerning taxes, labor, ERISA, securities
compliance, international law, and related matters while Faegre
Baker Daniels LLP acts as special counsel for securities
litigation.  The Debtors hired Silverman Consulting Inc. as
financial consultant, and Livingstone Partners, LLC, as investment
banker.

On July 10, 2017, an official committee of unsecured creditors was
appointed in the Debtor's case.  The committee hired Sugar
Felsenthal Grais & Hammer LLP as its legal counsel, and Amherst
Partners, LLC as its financial advisor.


QUADRANT 4: Stratitude Taps Nixon Peabody as Special Counsel
------------------------------------------------------------
Stratitude Inc., a subsidiary of Quadrant 4 System Corp., seeks
approval from the U.S. Bankruptcy Court for the Northern District
of Illinois to hire Nixon Peabody LLP as its special counsel.

The firm will advise the Debtor on matters concerning taxes, labor,
ERISA, securities compliance, international law, general corporate
law, and other areas outside of the expertise of its lead counsel,
Adelman & Gettleman, Ltd.

The firm's hourly rates range from $370 to $895 for partners, $235
to $530 for associates, and $190 to $280 for paralegals.  The
attorneys who will be representing the Debtors are:

     Gary Levenstein       $920
     David Brown           $630
     Pierce Han            $495
     Brian Alcala          $670
     R. Scott Alsterda     $715

R. Scott Alsterda, Esq., disclosed in a court filing that no member
of the firm holds or represents any interest adverse to the Debtor
or to its estate.

The firm can be reached through:

     R. Scott Alsterda, Esq.
     Nixon Peabody LLP
     70 West Madison Street, Suite 3500
     Chicago, IL 60602
     Phone: 312-977-9203
     Fax: 312-977-4405
     Email: rsalsterda@nixonpeabody.com

                     About Quadrant 4 System

Quadrant 4 System Corporation (OTC:QFOR) -- http://www.qfor.com/--
sells IT products and services.  Its revenues are primarily
generated from the placement of staffing or solution consultants,
and the sale and licensing of its proprietary cloud-based Software
as a Service (SaaS) systems, as well as a wide range of technology
oriented services and solutions.  The company's principal executive
offices are located in Schaumburg Illinois.  It also operates its
business from various offices located in Naples, Florida;
Alpharetta, Georgia; Bingham Farms, Michigan; Cranbury, New Jersey;
Pleasanton, California; and Ann Arbor, Michigan.

Quadrant 4 is the 100% owner of the issued and outstanding common
stock of Stratitude, Inc., a California corporation, which it
acquired on or about Nov. 3, 2016. Concurrently with the Stratitude
Acquisition, Stratitude acquired certain of the assets of Agama
Solutions, Inc., a California corporation.  Both Stratitude and
Agama are located in Pleasanton and Fremont, California and are
engaged in the IT business.

Quadrant 4 disclosed total assets of $47.05 million and total
liabilities of $31.39 million as of Sept. 30, 2016.

Quadrant 4 filed a Chapter 11 petition (Bankr. N.D. Ill. Case No.
17-19689) on June 29, 2017.  CEO Robert H. Steele signed the
petition.

Stratitude, Inc. filed a Chapter 11 petition (Bankr. N.D. Ill. Case
No. 17-30724) on October 13, 2017.  The case is jointly
administered with that of Quadrant 4.  The Debtors' cases are
assigned to Judge Jack B. Schmetterer.

Quadrant 4, which was subject to a securities fraud probe that led
to the arrest and resignation of its top two executives seven
months ago, sought Chapter 11 protection after reaching a
settlement with the U.S. Securities and Exchange Commission and
signing deals to sell four business segments for at least $6.9
million.

The Debtors are represented by Adelman & Gettleman Ltd as
bankruptcy counsel.  Nixon Peabody LLP acts as special counsel to
the Debtors for matters concerning taxes, labor, ERISA, securities
compliance, international law, and related matters while Faegre
Baker Daniels LLP acts as special counsel for securities
litigation.  The Debtors hired Silverman Consulting Inc. as
financial consultant, and Livingstone Partners, LLC, as investment
banker.

On July 10, 2017, an official committee of unsecured creditors was
appointed in the Debtor's case.  The committee hired Sugar
Felsenthal Grais & Hammer LLP as its legal counsel, and Amherst
Partners, LLC as its financial advisor.


QUADRANT 4: Stratitude Taps Silverman as Financial Consultant
-------------------------------------------------------------
Stratitude Inc., a subsidiary of Quadrant 4 System Corp., seeks
approval from the U.S. Bankruptcy Court for the Northern District
of Illinois to hire Silverman Consulting, Inc. as its financial
consultant.

The firm will provide these services related to the Debtor's
Chapter 11 case:

     (a) give complete financial evaluation and restructuring
         analysis plus determination of financial needs and
         objectives in connection with its duties as debtor;

     (b) assist the Debtor in the preparation of various
         bankruptcy reports;

     (c) assist the Debtor and its other bankruptcy
         professionals in the marketing and sale of its
         assets; and

     (d) to the extent applicable, assist the Debtor in the
         negotiation and formulation of a plan of
         reorganization or liquidation.

The Silverman consultants expected to provide services to the
Debtor and their hourly rates are:

     Michael Silverman     $500
     Hassaan Mansoor       $300
     Greg Schmitt          $150

Hassaan Mansoor, a partner at Silverman, disclosed in a court
filing that no member of the firm holds any interest adverse to the
Debtor or its estate.

The firm can be reached through:

     Hassaan Mansoor
     Silverman Consulting, Inc.
     5750 Old Orchard Road, Suite 520
     Skokie, IL 60077
     Phone: (847) 470-0200
     Email: info@silvermanconsulting.net

                     About Quadrant 4 System

Quadrant 4 System Corporation (OTC:QFOR) -- http://www.qfor.com/--
sells IT products and services.  Its revenues are primarily
generated from the placement of staffing or solution consultants,
and the sale and licensing of its proprietary cloud-based Software
as a Service (SaaS) systems, as well as a wide range of technology
oriented services and solutions.  The company's principal executive
offices are located in Schaumburg Illinois.  It also operates its
business from various offices located in Naples, Florida;
Alpharetta, Georgia; Bingham Farms, Michigan; Cranbury, New Jersey;
Pleasanton, California; and Ann Arbor, Michigan.

Quadrant 4 is the 100% owner of the issued and outstanding common
stock of Stratitude, Inc., a California corporation, which it
acquired on or about Nov. 3, 2016. Concurrently with the Stratitude
Acquisition, Stratitude acquired certain of the assets of Agama
Solutions, Inc., a California corporation.  Both Stratitude and
Agama are located in Pleasanton and Fremont, California and are
engaged in the IT business.

Quadrant 4 disclosed total assets of $47.05 million and total
liabilities of $31.39 million as of Sept. 30, 2016.

Quadrant 4 filed a Chapter 11 petition (Bankr. N.D. Ill. Case No.
17-19689) on June 29, 2017.  CEO Robert H. Steele signed the
petition.

Stratitude, Inc. filed a Chapter 11 petition (Bankr. N.D. Ill. Case
No. 17-30724) on October 13, 2017.  The case is jointly
administered with that of Quadrant 4.  The Debtors' cases are
assigned to Judge Jack B. Schmetterer.

Quadrant 4, which was subject to a securities fraud probe that led
to the arrest and resignation of its top two executives seven
months ago, sought Chapter 11 protection after reaching a
settlement with the U.S. Securities and Exchange Commission and
signing deals to sell four business segments for at least $6.9
million.

The Debtors are represented by Adelman & Gettleman Ltd as
bankruptcy counsel.  Nixon Peabody LLP acts as special counsel to
the Debtors for matters concerning taxes, labor, ERISA, securities
compliance, international law, and related matters while Faegre
Baker Daniels LLP acts as special counsel for securities
litigation.  The Debtors hired Silverman Consulting Inc. as
financial consultant, and Livingstone Partners, LLC, as investment
banker.

On July 10, 2017, an official committee of unsecured creditors was
appointed in the Debtor's case.  The committee hired Sugar
Felsenthal Grais & Hammer LLP as its legal counsel, and Amherst
Partners, LLC as its financial advisor.


QUEENS LODGE 1001: Foreclosure Auction Set for Dec. 15
------------------------------------------------------
Pursuant to a Judgment of Foreclosure and Sale dated Sept. 29,
2017, and entered on October 12, 2017, Darice Guzman Piotrowski,
Esq., as Referee, will sell at public auction at the Queens County
Supreme Courthouse, 88-11 Sutphin Blvd., in Courtroom # 25,
Jamaica, NY on December 15, 2017 at 10:00 a.m. the property known
as 122-10 Sutphin Boulevard, in the Borough of Queens, City of New
York, County of Queens and State of New York, Block 12045 Lot 10.

The approximate amount of lien on the property is $9,407.27 plus
interest and costs.

Premises will be sold subject to provisions of filed Judgment and
Terms of Sale in the case, NYCTL 1998-2 TRUST and THE BANK OF NEW
YORK MELLON as Collateral Agent and Custodian for the NYCTL 1998-2
TRUST, Plaintiffs against QUEENS LODGE 1001 I.B.P.O. ELKS OF THE
WORLD, INC., et al. Defendant(s), pending in the Queens County
Supreme Court.

Attorney(s) for Plaintiffs:

     Seyfarth Shaw LLP
     620 Eighth Avenue
     New York, NY 10018


REBUILTCARS CORP: Unsecureds to Recoup 20% Under Plan
-----------------------------------------------------
Rebuiltcars Corporation filed with the U.S. Bankruptcy Court for
the Northern District of Illinois a disclosure statement dated Nov.
1, 2017, referring to the Debtor's plan of reorganization.

The unsecured class (Class 2) contains all of the allowed and not
objected to unsecured non-priority claims against the Debtor which
includes general unsecured claims.

Each holder of Allowed Class 2 Claims totaling $73,748.85 will be
paid 20% without interest of all claims held by holders with a
payment each month of $245.83 pro rata.

The Debtor will make all payments out of its future income from
operation of its business.  The Debtor expects to receive net
income sufficient to pay all claims.  Creditors can review a
detailed projection of the Debtor's income and expenses.

On Oct. 25, 2017, the Court extended the deadline for the Debtor to
file the Plan and Disclosure Statement to and including Nov. 1,
2017.  As reported by the Troubled Company Reporter on Oct. 27,
2017, the Debtor asked that the deadline for the Debtor to file its
Plan and Disclosure Statement to and including Nov. 1, 2017, from
Oct. 16, 2017, saying that it is working with creditors to work
through details of the Plan, and needs additional two weeks to
resolve details in the Plan.

A copy of the Disclosure Statement is available at:

             http://bankrupt.com/misc/ilnb17-11811-54.pdf

                     About Rebuiltcars Corp

Rebuiltcars Corporation filed a Chapter 11 petition (Bankr. N.D.
Ill. Case No. 17-11811) on April 14, 2017.  The petition was signed
by Mindaugas Kazakevicius, president.  The Debtor estimated $50,000
to $100,000 in assets and $500,000 to $1 million in liabilities.
The case is assigned to Judge Timothy A. Barnes.  The Debtor is
represented by Paul M. Bach, Esq., at the Bach Law Offices.


RIVERBED TECHNOLOGY: Bank Debt Trades at 3.68% Off
--------------------------------------------------
Participations in a syndicated loan under Riverbed Technology Inc.
is a borrower traded in the secondary market at 96.32
cents-on-the-dollar during the week ended Friday, November 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.93 percentage points from the
previous week. Riverbed Technology Inc pays 325 basis points above
LIBOR to borrow under the $1.585 billion facility. The bank loan
matures on April 24, 2022 and Moody's B1 rating and Standard &
Poor's B+ rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended November 3.


ROBERT T. WINZINGER: Wants Premium Finance Pact With BankDirect
---------------------------------------------------------------
Robert T. Winzinger, Inc., asks the U.S. Bankruptcy Court for the
District of New Jersey to approve the commercial insurance premium
finance and security agreement.

A hearing to consider the Debtor's request is scheduled for Dec. 5,
2017, at 10:00 a.m.
        
Objections to the request must be filed by Nov. 28, 2017.

The Debtor believes it necessary to maintain adequate insurance
coverage, among which includes general liability insurance, the
business auto policy, an umbrella policy and a workers'
compensation policy.

The Debtor and a non-debtor entity, Winzinger, Inc., that is a
construction company, are prepared as joint borrowers to execute a
loan agreement with BankDirect Capital Finance, a division of Texas
Capital Bank for the financing of the Debtor's and Winzinger,
Inc.'s insurance coverage upon Court approval.

BankDirect will provide the financing to the Debtor and Winzinger,
Inc., for the purchase of various insurance policies, providing,
among other things, general liability coverage, a business auto
policy, an umbrella policy and workers' compensation policy.  All
of these coverages are essential for the operation of the Debtor's
business.  Under the Loan Agreement, the amount financed is
$829,334.10.  By virtue of the Loan Agreement, the Debtor and
Winzinger, Inc., will become obligated to pay to BankDirect the sum
of $851,568.62, including finance charges, in seven monthly
installments of $121,652.62 each.  The first payment under the Loan
Agreement was due on Oct. 30, 2017, and the subsequent payments are
due on or about the 30th day of each succeeding month.  As
collateral to secure the repayment of the indebtedness under the
Loan Agreement, Debtor is granting BankDirect a security interest
in, among other things, the unearned premiums of the Policies.  The
Loan Agreement provides that the law of Illinois governs the
transaction.

Pursuant to the terms of the Loan Agreement, Debtor is appointing
BankDirect as its attorney-in-fact with the irrevocable power to
cancel the policies and collect the unearned premium in the event
that the Debtor is in default in its obligations under the Loan
Agreement.

The Debtor believes that the terms of the Loan Agreement are
commercially fair and reasonable.  Without the insurance, the
Debtor would be forced to cease its operations.

The Debtor and BankDirect have reached an agreement that the
adequate protection appropriate for this situation would be as
follows:

     a. Debtor and/or Winzinger, Inc., a non-debtor affiliate, be
        authorized and directed to timely make all payments due
        under the Loan Agreement and BankDirect be authorized to
        receive and apply payments to the indebtedness owed by
        Debtor and Winzinger, Inc., to BankDirect as provided in
        the Loan Agreement;

     b. if Debtor and/or Winzinger, Inc., does not timely make any

        of the payments due under the Loan Agreement as they
        become due, the automatic stay will automatically lift to
        enable BankDirect and/or third parties, including
        insurance companies providing the coverage under the
        Policies, to take all steps necessary and appropriate to
        cancel the Policies, collect the collateral and apply such

        collateral to the indebtedness owed to BankDirect by the
        Debtor.  In exercising rights, BankDirect and/or third
        parties will comply with the notice and other relevant
        provisions of the Loan Agreement.

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

           http://bankrupt.com/misc/njb17-25972-93.pdf

                 About Robert T. Winzinger, Inc.

Founded in 1960, Robert T. Winzinger, Inc. -- http://winzinger.com/
-- is a full-service contractor for roads, excavation, land
development and demolition, utility and marine construction, and
recycling technologies. Winzinger is certified as a W.B.E. with the
N.J. Dept. of Treasury - Division of Property Management &
Construction; Licensed Contractor with City of Philadelphia; Small
Business Enterprise with the City of Philadelphia; Small Business
Enterprise with the State of New Jersey; Public Works Contractor
with the State of New Jersey; Home Improvement Contractor with the
State of New Jersey Division of Consumer Affairs; and Maintains a
Certificate of Employee Report with the State of New Jersey.

Robert T. Winzinger, Inc., filed a Chapter 11 petition (Bankr.
D.N.J. Case No. 17-25972) on Aug. 7, 2017.  The petition was signed
by Audrey Winzinger, vice president, secretary, and treasurer.  At
the time of filing, the Debtor estimated $10 million to $50 million
in assets and $1 million to $10 million in liabilities.

The Hon. Kathryn C. Ferguson is the case judge.

The Debtor is represented by David A. Kasen, Esq., at Kasen &
Kasen.


ROSETTA GENOMICS: Kost Forer Gabbay Raise Going Concern Doubt
-------------------------------------------------------------
Rosetta Genomics Ltd. filed with the U.S. Securities and Exchange
Commission its annual report on Form 6-K, disclosing a net loss of
$16.23 million on $2.04 million of total revenues for the fiscal
year ended December 31, 2016, compared with a net loss of $17.34
million on $2.87 million of total revenues in 2015.

The audit report of Kost Forer Gabbay & Kasierer in Tel-Aviv,
Israel, states 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.

The Company's balance sheet at December 31, 2016, showed $11.96
million in total assets, $7.54 million in total liabilities, and a
total stockholders' equity of $4.42 million.

A copy of the Form 6-K is available at:

                        https://is.gd/gIgJk9

                       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.


RPM HARBOR: Needs More Time to File Plan, Resolve Drivers' Claims
-----------------------------------------------------------------
RPM Harbor Services, Inc., asks the U.S. Bankruptcy Court for the
Central District of California to extend the exclusivity period for
the Debtor to file a plan of reorganization to Jan. 8, 2018.

As reported by the Troubled Company Reporter on Nov. 7, 2017, the
Court previously extended the expiration date of the Debtor's
exclusive period to file a Chapter 11 plan from Sept. 25 to Nov. 9,
2017.

The Debtor tells the Court it needs sufficient time to:

     -- resolve the claims filed against it,

     -- make any necessary changes to its business model, and

     -- assess its profitability and provide projections supporting
feasibility of any proposed plan.

Due to these issues, the Debtor says it will be unable to file a
plan and disclosure statement before the expiration of the
exclusivity period on Nov. 9.

While the Debtor is unsure when it will be able to file a plan and
disclosure statement, the Debtor believes a 60-day extension of the
exclusivity period will allow it to start the process to resolve
the claims filed against it and to continue to make any necessary
changes to its business model.  Further, this period is short
enough that creditors and the Official Committee of Unsecured
Creditors can have assurance that the Debtor will continue
diligently on the path of reorganization.

The Debtor also relates that its bankruptcy case presents complex
issues of employment law that must be considered when resolving the
claims brought by its drivers.

The Debtor also says 24 proofs of claim were filed in the
bankruptcy case.  Of these claims, 20 claims are based on alleged
employment law violations.  While the Debtor has evaluated the
legitimacy of claims, the Debtor now needs time to object to the
proofs of claim.

Because these claims are based upon allegations of improper labor
practices, the Debtor has retained Scopelitis, Garvin, Light,
Hanson & Feary, P.C., as special employment counsel to assist in
the litigation of these proofs of claim.  The order approving
special employment counsel's employment has not yet been entered by
the Court, but the Debtor expects it to be entered because no party
filed an opposition to the application.  The Debtor says its
special employment counsel cannot start work on the objections to
claims until its employment is approved.

Because of the outcome of the litigation of these proofs of claim
will determine whether the Debtor's business and employment
practices are permissible, as well as the amount of claims against
the Debtor and thus whether the Debtor proceeds with a plan of
reorganization or a plan of liquidation, these claims must be
adjudicated by the Court prior to the filing of a plan and
disclosure statement.  Finally, since the Committee was appointed
on May 8, 2017, the Debtor has been working with the Committee and
its financial advisors to resolve the Committee's concerns, as well
as work toward consensual resolution of this case.  Thus, the first
factor shows cause exists to extend the exclusivity period.

The Debtor needs time to object to the filed claims to resolve the
drivers' claims before the Debtor can prepare a plan and disclosure
statement.  The Debtor currently expects that it will have filed
objections to the driver claims by the end of December 2017.

According to the Debtor, it is making progress toward negotiating
with its creditors.  Because the Committee was appointed, the
Debtor needs time to work with the Committee and negotiate a plan
of reorganization.  Further, the Committee has requested the Debtor
to provide it with several documents.  The Debtor is in the process
of providing the Committee and its financial advisors with the
documents they have requested.

Negotiations with individual creditors may not allow the Debtor to
effectively reorganize because the Debtor may need a ruling in its
favor indicating that the Debtor's independent contractor model is
not a misclassification of the Debtor's drivers as independent
contractors and is legally permissible.  This ruling would give the
Debtor assurance of the legality of its future operations such that
it can have reasonable assurance that it continued business is
viable and sufficient to support a plan and disclosure statement.

The Debtor assures the Court that it is making good faith progress
toward reorganization.  The Debtor has filed an application to
employ Scopelitis, Garvin, Light, Hanson & Feary, P.C., as special
employment law counsel.  With the assistance of employment counsel,
the Debtor expects to file objections to the claims filed by the
Debtor's drivers by the end of December 2017.  

The Debtor says it is paying its bills as they become due.

The Debtor's Projections and Monthly Operating Reports on file with
the Court show that the Debtor is currently profitable and is
likely to increase in profitability.  This profitability can likely
be used to fund a plan and effectively reorganize.

                   About RPM Harbor Services Inc.

Based in Long Beach, California, RPM Harbor Services Inc. provides
container delivery to import and export customers in California.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Calif. Case No. 17-14484) on April 12, 2017.  The
petition was signed by Shawn Duke, its president.

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

The case is assigned to Judge Julia W. Brand.

Vanessa M. Haberbush, Esq., at Haberbush & Associates LLP, serves
as the Debtor's counsel.

The Official Committee of Unsecured Creditors of RPM Harbor
Services, Inc., retained Levene, Neale, Bender, Yoo & Brill, LLP,
as counsel; and CohnReznick LLP, as financial advisor.


RXI PHARMACEUTICALS: Incurs $2.47 Million Net Loss in Third Quarter
-------------------------------------------------------------------
RXi Pharmaceuticals Corporation filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q reporting a
net loss of $2.47 million on $0 of net revenues for the three
months ended Sept. 30, 2017, compared to a net loss of $2.21
million on $0 of net revenues for the three months ended Sept. 30,
2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss of $10.45 million on $0 of net revenues compared to a net
loss of $6.65 million on $19,000 of net revenues for the nine
months ended Sept. 30, 2016.

As of Sept. 30, 2017, RXi had $6.03 million in total assets, $2.60
million in total liabilities, all current, and $3.43 million in
total stockholders' equity.

"RXi maintained a conservative spend rate in the third quarter in
line with its projected budget as it continues to execute on its
strategy with anticipated readouts this quarter from our
dermatology and ophthalmology clinical programs.  Data collection
and analysis is ongoing, and the release of data is on track as
previously reported," said Dr. Geert Cauwenbergh, president and CEO
of RXi Pharmaceuticals.  He further added that, "Our team has made
notable progress with research efforts and data generation using
our proprietary self-delivering RNAi technology platform (sd-rxRNA)
for use in cancer therapeutics.  sd-rxRNA compounds demonstrate
high transfection efficiency with high cell viability in a number
of immune cells.  We believe that these assets have the potential
to become a foundation for future growth opportunities, including
several therapeutic approaches in the rapidly growing field of cell
therapy for oncology.  We look forward to successful and meaningful
growth through our work as well as partnerships in this exciting
and highly valuable medical field."

At Sept. 30, 2017, the Company had cash of $5.4 million, compared
with $12.9 million at Dec. 31, 2016.

On Aug. 8, 2017, the Company entered into a purchase agreement with
Lincoln Park Capital Fund, LLC, pursuant to which the Company has
the right to sell to LPC up to $15 million in shares of the
Company's common stock over the 30-month term of the agreement.
The Company expects to use proceeds from the purchase agreement for
general corporate purposes, including but not limited to the
advancement of its immunotherapy program, its clinical trials, and
general and administrative expenses.  As of Sept. 30, 2017, there
have been no purchases under the agreement with LPC.

Research and development expenses for the quarter ended Sept. 30,
2017 were $1.5 million, as compared with $1.5 million for the
quarter ended Sept. 30, 2016.  Research and development expenses
were consistent quarter over quarter, with slight increases due to
subject fees for the second cohort in the Samcyprone Phase 2
clinical trial and preclinical work in the Company's new
immunotherapy program that was integrated into the Company with the
acquisition of MirImmune in the first quarter of 2017, which were
offset by a decrease in stock-based compensation expense.

General and administrative expenses for the quarter ended Sept. 30,
2017, were $1.0 million, as compared with $0.8 million for the
quarter ended Sept. 30, 2016.  The increase in general and
administrative expenses was primarily due to payroll-related
expenses, including severance benefits, with the hire of the
Company's former chief business officer in connection with the
acquisition of MirImmune, resulting in a higher employee headcount
as compared to the same period of the prior year, offset by a
decrease in stock-based compensation expense.

On Aug. 2, 2017, the NASDAQ Stock Market provided written notice
and granted the Company an additional 180 calendar days to regain
compliance with the minimum bid price requirements set forth in the
NASDAQ listing rules.  As a result of this extension, the Company
has until Jan. 29, 2018, to regain compliance by maintaining a
closing bid price of at least $1.00 for 10 consecutive business
days.  The NASDAQ written notice has no effect on the listing of
the Company's common stock at this time.

On Sept. 15, 2017, the Company announced the departure of Dr.
Alexey Eliseev, former CEO of MirImmune Inc. Dr. Eliseev joined RXi
on Jan. 6, 2017, as chief business officer of the Company in
connection with its acquisition of MirImmune.  MirImmune was a
privately-held company developing cell-based therapeutics for
cancer treatments based on a license to RXi's proprietary
self-delivering RNAi technology.  In his role as chief business
officer of RXi, Dr. Eliseev was responsible for the integration of
this new therapeutic approach into the activities of RXi
Pharmaceuticals, and for introducing the Company to several key
industry and academic groups active in this emerging field.

Dr. James Cardia, RXi's current director of Business Development
and Intellectual Property now leads the management of the various
ongoing activities in partnering and business development.  During
his tenure at RXi, Dr. Cardia's group was responsible for the
discovery and optimization of "self-delivering" rxRNAs (sd-rxRNAs)
as well as the development and characterization of RXI-109, a
promising anti-fibrotic agent currently in clinical trials for the
treatment of both dermal and retinal scarring.

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

                      https://is.gd/U0muqW

                           About RXi

Headquartered in Marlborough, Massachusetts, RXi Pharmaceuticals
Corporation (NASDAQ: RXII) -- http://www.rxipharma.com-- is a
clinical-stage company developing innovative therapeutics that
address significant unmet medical needs.  Building on the
pioneering discovery of RNAi, scientists at RXi have harnessed the
naturally occurring RNAi process which can be used to "silence" or
down-regulate the expression of a specific gene that may be
overexpressed in a disease condition.  RXi developed a robust RNAi
therapeutic platform including self-delivering RNA (sd-rxRNA)
compounds, that have the ability to selectively block the
expression of any target in the genome, thus providing
applicability to many therapeutic areas.  The Company's current
programs include dermatology, ophthalmology and cell-based cancer
immunotherapy.  RXi's extensive patent portfolio provides for
multiple product and business development opportunities across a
broad spectrum of therapeutic areas and the Company actively
pursues research collaborations, partnering and out-licensing
opportunities with academia and pharmaceutical companies.

RXi reported a net loss applicable to common stockholders of $11.06
million for the year ended Dec. 31, 2016, a net loss applicable to
common stockholders of $10.43 million for the year ended Dec. 31,
2015, and a net loss applicable to common stockholders of $12.93
million for the year ended Dec. 31, 2014.


SAEXPLORATION HOLDINGS: Incurs $13.8M Net Loss in Third Quarter
---------------------------------------------------------------
SAExploration Holdings, Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
attributable to the Corporation of $13.77 million on $22.45 million
of revenue from services for the three months ended Sept. 30, 2017,
compared to a net loss attributable to the Corporation of $17.41
million on $22.45 million of revenue from services for the three
months ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss attributable to the Corporation of $24.83 million on
$122.18 million of revenue from services compared to a net loss
attributable to the Corporation of $2.91 million on $180.19 million
of revenue from services for the same period a year ago.

The Company's balance sheet at Sept. 30, 2017, showed $158.62
million in total assets, $143.33 million in total liabilities and
$15.28 million in total stockholders' equity.

Working capital as of Sept. 30, 2017 was $14,739,000 compared to
$40,807,000 as of Dec. 31, 2016.  The decrease in working capital
for the first nine months of 2017 was principally due to the
reclassification of the Senior Loan Facility from long term to
short term partially offset by the related reclassification of
associated deferred loan issuance costs.  An additional $6.0
million of accounts receivable was reclassified from short term to
long term also contributing to the decrease in working capital.

Cash provided by operations for the nine months ended September 30,
2017 was $5,144,000 compared to cash used by operations of
$13,282,000 for the nine months ended Sept. 30, 2016, an increase
in cash provided by operations of $18,426,000.  Cash provided by
net loss and net cash adjustments to net income decreased to
$6,660,000 for the nine months ended Sept. 30, 2017 compared to
cash provided by net income and net cash adjustments to net income
of $18,526,000 for the nine months ended Sept. 30, 2016, as a
result of our net loss in 2017 partially offset by an increase in
amortization of deferred financing costs related to its Senior Loan
Facility, an increase in payment in kind interest on its Second
Lien Notes and a decrease in foreign currency gains and
depreciation and amortization.  Net changes in operating assets and
liabilities resulted in cash used of $1,516,000 for the nine months
ended Sept. 30, 2017 compared to cash used of $31,808,000 for the
nine months ended Sept. 30, 2016.

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

                    https://is.gd/xH7TWl

                 About SAExploration Holdings

Based in Houston, Texas, SAExploration Holdings, Inc. (NASDAQ:SAEX)
-- http://www.saexploration.com/-- is an internationally-focused
oilfield services company offering a full range of
vertically-integrated seismic data acquisition and logistical
support services in Alaska, Canada, South America, and Southeast
Asia to its customers in the oil and natural gas industry.  In
addition to the acquisition of 2D, 3D, time-lapse 4D and
multi-component seismic data on land, in transition zones between
land and water, and offshore in depths reaching 3,000 meters, the
Company offers a full-suite of logistical support and in-field data
processing services.  The Company operates crews around the world
that are supported by over 29,500 owned land and marine channels of
seismic data acquisition equipment and other leased equipment as
needed to complete particular projects.

SAExploration reported a net loss attributable to the Company of
$25.03 million for the year ended Dec. 31, 2016, a net loss
attributable to the Company of $9.87 million for the year ended
Dec. 31, 2015, and a net loss attributable to the Company of $41.75
million for the year Dec. 31, 2014.

                          *     *     *

In June 2016, S&P Global Ratings lowered its corporate credit
rating on SAExploration Holdings to 'CC' from 'CCC-'.  At the same
time, S&P lowered the issue-level rating on the company's senior
secured notes to 'CC' from 'CCC-'.  The outlook remains negative.
The downgrade follows SAExploration's announcement that it plans to
launch an exchange offer to existing holders of its 10% senior
secured notes for shares of common equity and a new issue of
second-lien notes.  Following the rating action, S&P withdrew the
corporate credit and issue-level ratings at the company's request.

In September 2016, Moody's Investors Service withdrew
SAExploration's 'Caa2' Corporate Family Rating and other ratings.


SEAHAWK HOLDINGS: Moody's Affirms B2 Corporate Family Rating
------------------------------------------------------------
Moody's Investors Service affirmed Seahawk Holdings Limited's B2
Corporate Family Rating and downgraded the first lien debt rating
to B2 from B1. The downgrade on the first lien was driven by the
upsized first lien debt loan facility to finance a previously
announced shareholder distribution and take out all of the second
lien debt. The total amount of funded debt has not changed since
our previous rating action, however the first lien now represents
all of the debt in the capital structure. The ratings on the second
lien debt will be withdrawn at the close of the transaction. The
outlook remains negative. Seahawk is the holding company set up to
acquire Dell Inc.'s software business.

Ratings Rationale

The B2 Corporate Family Rating reflects high financial leverage and
challenges in stabilizing revenues. Revenues have been declining
for several years and the separation from Dell, Inc. appears to
have exacerbated the declines at Seahawk's Quest and One Identity
businesses. The ratings also consider the strong respective niche
positions of Quest Software, SonicWALL and One Identity and very
strong cash balances. SonicWall has shown significant improvement
since separation from Dell but not sufficient to offset the
declines in the other two businesses. Leverage is estimated to be
very high but should trend below 6x over the next 18 months as
buyout related expenses decline and costs cuts flow through the
income statement. The ratings are bolstered by the potential value
of each of the Seahawk businesses and potential for a sale of any
of them to repay a significant portion of debt, particularly if the
businesses return to historic growth rates. Though Moody's expect
free cash flow to improve as costs to stand up the business and
cost cuts are behind them, free cash flow since separation has been
well below initial plans. The ratings are constrained by the
limited availability of historical financial statements and
significant adjustments needed to estimate the run rate performance
of the company.

The negative outlook reflects the potential that revenues will
continue to decline and leverage will remain at elevated levels.
The ratings could be upgraded if performance stabilizes and
leverage falls below 4.5x and free cash flow to debt exceeds 10%.
The ratings could be downgraded if performance does not stabilize
or leverage is greater than 6x on other than a temporary basis or
free cash flow is expected to be negative.

Liquidity is good driven by an estimated $206 million of cash on
hand (based on July 31, 2017 balances and modest excess proceeds
from the new debt financing), an undrawn $100 million revolver and
expectations of positive free cash flow over the next 12 to 18
months. Free cash flow has been negative since the buyout , but
likely positive excluding the one-time costs associated with the
buyout and separation from Dell.

The following ratings were affected:

Downgrades:

Issuer: Seahawk Holdings Limited

-- Senior Secured First Lien Bank Credit Facility (Local
    Currency), Downgraded to B2 (LGD4) from B1 (LGD3)

Outlook Actions:

Issuer: Seahawk Holdings Limited

-- Outlook, Remains Negative

Affirmations:

Issuer: Seahawk Holdings Limited

-- Probability of Default Rating, Affirmed B2-PD

-- Corporate Family Rating, Affirmed B2

The principal methodology used in these ratings was Software
Industry published in December 2015.

Seahawk Holdings Limited is the company set up by Francisco
Partners and Evergreen Coast Capital to acquire Dell, Inc.'s
software business, comprised of SonicWall, One Identity and Quest
Software. Seahawk had revenues of approximately $1.3 billion for
the LTM period ended April 30, 2017.


SEANERGY MARITIME: Files Amended $20 Million Prospectus
-------------------------------------------------------
Seanergy Maritime Holdings Corp. filed with the Securities and
Exchange Commission an amended Form F-1 registration statement
relating to the $20,000,000 offering of its common shares, or
16,949,152 common shares assuming a public offering price per
common share of $1.18, the closing price per share of its common
shares on the Nasdaq Capital Market on Nov. 8, 2017.  The Company's
common shares are listed on the Nasdaq Capital Market under the
symbol "SHIP".  The Company amended the Registration Statement to
delay its effective date.  A full-text copy of the Form F-1/A is
available for free at https://is.gd/PXiCoi

                     About Seanergy Maritime

Greece-based Seanergy Maritime Holdings Corp. --
http://www.seanergymaritime.com/-- is an international shipping
company that provides marine dry bulk transportation services
through the ownership and operation of dry bulk vessels.  Founded
in 2008, the Company currently owns a modern fleet of eleven dry
bulk carriers, consisting of nine Capesizes and two Supramaxes,
with a combined cargo-carrying capacity of approximately 1,682,582
dwt and an average fleet age of about 8.4 years.

The Company is incorporated in the Marshall Islands with executive
offices in Athens, Greece and an office in Hong Kong.  The
Company's common shares and class A warrants trade on the Nasdaq
Capital Market under the symbols "SHIP" and "SHIPW", respectively.

Seanergy incurred a net loss of US$24.62 million in 2016 following
a net loss of US$8.95 million in 2015.  For the three months ended
March 31, 2017, Seanergy reported a net loss of US$6.28 million.
As of June 30, 2017, Seaneargy had US$280.24 million in total
assets, US$255.92 million in total liabilities and US$24.31 million
in total stockholders' equity.


SEANERGY MARITIME: Posts $6.5 Million Net Income in 3rd Quarter
---------------------------------------------------------------
Seanergy Maritime Holdings Corp. reported that for the quarter
ended Sept. 30, 2017, it generated net revenues of US$18.9 million,
a 119% increase compared to the third quarter of 2016.  

For the nine-month period ended Sept. 30, 2017, net revenues were
equal to US$50.5 million, up 112% compared to the same period of
2016.  

Seanergy reported net income of US$6.47 million for the three
months ended Sept. 30, 2017, compared to a net loss of US$5.87
million for the three months ended Sept. 30, 2017.  For the nine
months ended Sept. 30, 2017, Seanergy reported a net loss of
US$3.11 million compared to a net loss of US$17.73 million on
US$23.79 million of vessel revenue for the same period during the
prior year.

As of Sept. 30, 2017, Seanergy had US$276.6 million in total
assets, US$235.2 million in total liabilities and US$41.36 million
in stockholders' equity.  As of Sept. 30, 2017,  cash and cash
equivalents, including restricted cash, was $10.9 million.

Stamatis Tsantanis, the Company's chairman & chief executive
officer, stated: "During the third quarter of 2017, the Capesize
market continued its improving course that commenced in the
beginning of the year.  Our fleet benefited significantly from the
stronger Capesize rates.  In particular, in the third quarter of
2017, the daily Time Charter Equivalent (TCE) rate1 of our Capesize
fleet was $11,678, increased by 149% as compared to the same period
last year.  For the nine months ended September 30, 2017, the daily
TCE rate of our Capesize fleet was $11,017, increased by 153% as
compared to the same period last year.

"This was reflected in our operating results where our adjusted
EBITDA1 was $2.8 million and $6.3 million for the third quarter and
nine months of 2017, respectively.  In regards to our profitability
in the third quarter of 2017, net income stood at $6.5 million, as
compared to a net loss of $5.9 million in the same period of 2016.

"In addition, we completed the previously-announced refinancing of
one of our Capesize vessels, generating a $11.4 million gain and
equity accretion.  This transaction resulted in a material increase
of about 38% of the Company's total equity value.

"Turning to market fundamentals, in 2017 dry bulk charter rates
have stabilized at higher levels than in previous years, as the
Baltic Capesize Index (BCI) has averaged about 1,839 points year to
date, which is 112% higher than the 868 average level recorded in
the same period of 2016.  Furthermore, the expected annual growth
in seaborne transportation of Capesize commodities is estimated at
6% for the years 2017 and 2018 while the Capesize orderbook
currently stands at 3% of the existing fleet, which is the lowest
point of the last 15 years.

"In the fourth quarter of 2017, 63% of our Capesize operating days
are fixed at an average daily rate of approximately $15,720 and 65%
of our total operating days are fixed at an average daily rate of
approximately $14,890 as of the date of this release."

                 Third Quarter 2017 Developments

On Sept. 29, 2017, the Company announced the closing of its early
termination of M/V Championship's credit facility and its
successful refinancing.  The outstanding balance of the terminated
senior secured credit facility was $35.4 million, which was settled
under a settlement agreement with the lender for $24.0 million.
The settlement resulted into an $11.4 million gain and equity
accretion.

The settlement amount of $24.0 million was funded by a senior loan
facility with Amsterdam Trade Bank N.V. and by the issuance of a
convertible promissory note to Jelco Delta Holding Corp., an entity
affiliated with the Company's principal shareholder.

              Loan Facility with Amsterdam Trade Bank

On Sept. 25, 2017, the Company added an additional tranche of up to
$16.5 million to the senior secured loan facility with Amsterdam
Trade Bank N.V. originally entered on May 24, 2017 to partially
fund M/V Championship's refinancing.  As of the date of this press
release, the Company has fully drawn down Tranche B.

        Issuance of Convertible Promissory Note to Jelco

On Sept. 27, 2017, the Company issued a $13.75 million convertible
promissory note to Jelco to fund part of the refinancing of M/V
Championship as well as a $4.75 million mandatory repayment on the
Company's May 24, 2017 loan agreement with Jelco.  As of Nov. 7,
2017, the Company has fully utilized the note.

               2017 Annual Meeting of Shareholders

On Sept. 27, 2017, the Company held its 2017 Annual Meeting of
Shareholders, or the Meeting, in Athens, Greece pursuant to a
Notice of Annual Meeting of Shareholders dated Aug. 10, 2017.  At
the Meeting, each of the following proposals, which was set forth
in more detail in the Notice of Annual Meeting of Shareholders and
the Company's Proxy Statement sent to shareholders on or around
Aug. 18, 2017, were approved and adopted: 1) the election of Ms.
Christina Anagnostara as Class B Director to serve until the 2020
Annual Meeting of Shareholders, 2) the appointment of Ernst & Young
(Hellas) Certified Auditors-Accountants S.A. as the Company's
Independent Registered Public Accounting Firm for the fiscal year
ending Dec. 31, 2017 and 3) the approval of a reverse stock split
of the Company's issued and outstanding common stock by a ratio of
not less than one-for-two and not more than one-for-fifteen with
the exact ratio to be set at a whole number within this range to be
determined by the Company's board of directors in its discretion
and of the related amendment to the Company's Amended and Restated
Articles of Incorporation.  The Company does not have any immediate
plans to perform a reverse stock split.

            Compliance with Nasdaq Listing Requirements

In May 2017, the Company received a notice from Nasdaq indicating
that because the closing bid price of the Company's common stock
from April 5, 2017 to May 17, 2017, was below the minimum $1.00 per
share bid price we were in breach of Nasdaq Listing Rule
5550(a)(2).

On Sept. 5, 2017, Nasdaq has confirmed that the Company has
regained compliance with Nasdaq Listing Rule 5550(a)(2) concerning
the minimum bid price of the Company's common stock and that this
matter is considered closed.

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

                       https://is.gd/mnRmqW

                      About Seanergy Maritime

Greece-based Seanergy Maritime Holdings Corp. --
http://www.seanergymaritime.com/-- is an international shipping
company that provides marine dry bulk transportation services
through the ownership and operation of dry bulk vessels.  Founded
in 2008, the Company currently owns a modern fleet of eleven dry
bulk carriers, consisting of nine Capesizes and two Supramaxes,
with a combined cargo-carrying capacity of approximately 1,682,582
dwt and an average fleet age of about 8.4 years.

The Company is incorporated in the Marshall Islands with executive
offices in Athens, Greece and an office in Hong Kong.  The
Company's common shares and class A warrants trade on the Nasdaq
Capital Market under the symbols "SHIP" and "SHIPW", respectively.

Seanergy incurred a net loss of US$24.62 million in 2016 following
a net loss of US$8.95 million in 2015.


SEARS HOLDINGS: Amends Pension Plan Protection Deal With PBGC
-------------------------------------------------------------
Sears Holdings Corporation has entered into an agreement with the
Pension Benefit Guaranty Corporation to release approximately 140
Sears properties from ring-fence arrangement in exchange for $407
million of contributions to the Company's pension plans.  This
agreement provides the Company with financial flexibility through
the ability to monetize properties, and, in addition, provides
funding relief from contributions to the pension plans for the next
two years.

"This agreement with the PBGC is another positive step forward
which, upon closing, will provide our Company with financial
flexibility while supporting our commitment to honor our
obligations to the associates and retirees covered by the pension
plans," said Edward S. Lampert, Sears Holdings' chairman and chief
executive officer.  "While the lower interest rate environment has
had a significant, unfavorable impact on the pension plans'
funding, Sears Holdings has demonstrated its commitment to honoring
this obligation."

Rob Riecker, chief financial officer of Sears Holdings, said, "Our
recent actions further demonstrate our ability to manage our
business while meeting our financial obligations.  We continue to
review our capital structure to maximize our additional financial
flexibility.  In addition, we will continue to evaluate
alternatives to meaningfully reduce cash interest payments in
2018."

Sears Holdings expects to raise the $407 million through a sale of
properties and/or financing secured by the properties, with such
financing to be repaid from the proceeds of sales of the properties
over the next two years.  Sears is also required to make the
approximately $37 million quarterly payment due to the pension
plans in December 2017.

Following the making of the $407 million contribution, Sears will
be relieved of the obligation to make further contributions to the
pension plans for approximately two years (other than a $20 million
supplemental payment due in Q2 2018), and the remaining properties
will no longer be ring-fenced.

The Company has consistently managed its business such that it is
able to meet its pension obligations despite the prolonged low
interest rate environment.  Since the 2005 merger of Sears and
Kmart, Sears Holdings has contributed approximately $4.5 billion to
the pension plans, to cover what was initially a $1.8 billion
deficit (on a GAAP basis).

The Company has taken numerous measures to generate the necessary
cash.  These measures have included sales of significant assets,
the closing of large numbers of stores, and the sale of the
Craftsman brand.  The Company has used cash generated from these
sales to provide for the funding of lump sum buyouts and
annuitizations, thereby reducing its obligations while ensuring
that associates and retirees receive their full pension benefits in
lump sum or annuity form.  As a result of these efforts, the number
of participants in the Company's pension plans has been reduced
from approximately 400,000 to approximately 100,000.  

                        Financial Update

Over the past several months, the Company continued to focus on
streamlining its operations, reducing inventory and operating
expenses, and taking actions to further improve performance.  The
retail environment remains challenging, with continued pressures on
sales.  The Company had total revenues of approximately $3.7
billion during the third quarter of 2017, compared with $5.0
billion in the prior year quarter, with store closures contributing
to over half of the decline.  The Company's revenues were also
negatively impacted by reductions in the number of pharmacies in
open Kmart stores, as well as the reduction in consumer electronics
assortments in both our Kmart and Sears stores.  Total comparable
store sales declined 15.3% during the quarter.  Kmart comparable
store sales decreased 13.0%, while Sears comparable store sales
declined 17.0%.  Excluding the impact of the above items,
comparable stores sales declined 13.6% during the quarter, with
Kmart comparable store sales declining 10.7%, and Sears comparable
store sales declining 15.6%.

Despite the challenges in the retail environment, the Company
expects to deliver its second consecutive quarter of at least $100
million improvement in Adjusted EBITDA as the restructuring actions
taken in the first three quarters of 2017, including closure of
unprofitable stores, have resulted in meaningful improvement in its
performance.  Adjusted EBITDA is expected to be between $(300)
million and $(250) million for the third quarter of 2017 compared
to $(375) million in the third quarter of 2016.  In addition, the
Company expects a net loss attributable to Sears Holdings'
shareholders of between $595 million and $525 million in the third
quarter of 2017, compared to a net loss attributable to Sears
Holdings' shareholders of $748 million in the prior year third
quarter, an improvement of approximately $190 million.  

Earlier this month, the Company announced the closure of 63
additional unprofitable stores which are expected to close after
the holidays.  The Company has continued to make progress on the
strategic priorities outlined earlier this year with a goal of
restoring positive Adjusted EBITDA in 2018.

                          Liquidity

At Oct. 28, 2017, the Company had utilized approximately $805
million of its $1.5 billion revolving credit facility due in 2020
(consisting of $424 million of borrowings and $381 million of
letters of credit outstanding).  The amount available to borrow
under its credit facility was approximately $39 million, which
reflects the effect of its springing fixed charge coverage ratio
covenant and the borrowing base limitation in our revolving credit
facility, which varies based on its overall inventory and
receivables balances.  Availability under our general debt basket
was approximately $99 million at Oct. 28, 2017.  After giving
effect to the cash proceeds of $167 million generated subsequent to
quarter end from real estate transactions and commercial
arrangements, availability on its revolving credit facility and
general debt basket was approximately $185 million and $120
million, respectively.

The Company's total cash balances were $354 million at Oct. 28
2017, including restricted cash of $154 million.  Short-term
borrowings totaled $1.1 billion at the end of the third quarter of
2017, consisting of $40 million of commercial paper, $424 million
of revolver borrowings, $413 million of line of credit loans, and
$185 million of borrowings under the Second Amended and Restated
Loan Agreement in October 2017.

Merchandise inventories were $3.5 billion at Oct. 28, 2017,
compared to $5.0 billion at Oct. 29, 2016, with the reduction
driven in large part by having over 400 fewer stores in operation
compared to the prior year.  Merchandise payables were $0.8 billion
and $1.6 billion at Oct. 28, 2017, and Oct. 29, 2016, respectively
as we have significantly reduced our dependency on vendor
financing.

Total long-term debt (including current portion of long-term debt
and capital lease obligations) was $3.3 billion at Oct. 28, 2017.

Finally, during the third quarter of 2017, the Company generated
net cash proceeds of over $270 million from real estate
transactions and other asset sales, a portion of which were used to
reduce the amounts outstanding under the 2017 Real Estate Loan to
$384 million with remaining proceeds utilized to pay down our
revolving credit facility and a portion of the aggregate loan.
Additionally, the $200 million aggregate loan made under the Second
Amended and Restated Loan Agreement in October 2017 was reduced to
$165 million subsequent to the end of the quarter, and the 2016
Real Estate Loan outstanding is $263 million.

The Company expects third quarter 2017 net loss attributable to
Sears Holdings' shareholders to improve by approximately $190
million, while Adjusted EBITDA is expected to improve by
approximately $100 million (using the mid-point estimate), compared
to the third quarter of 2016.  This marks the second consecutive
quarter of at least $100 million year-over-year improvement in both
metrics.

In addition, the Company:

    * Achieved its annualized cost savings target of $1.25 billion
      through the simplification of its organizational structure,
      streamlining of operations, and closure of under-performing
      stores, including those announced earlier this month.

    * Generated additional cash proceeds of approximately $167
      million subsequent to quarter-end from real estate
      transactions and commercial arrangements.  Proceeds were
      utilized to pay down its outstanding real estate loans and
      its revolver borrowings resulting in an adjusted
      availability on its revolving credit facility and general
      debt basket of $185 million and $120 million, respectively.

    * Paid down outstanding borrowings under its Term Loan
      maturing in June of 2018 by $205 million during November
      reducing the outstanding balance to approximately $520
      million, bringing its total 2018 Term Loan repayment during
      2017 to approximately $450 million.

    * Commenced a consent solicitation to amend the "Borrowing
      Base" definition in the indenture relating to our 6 5/8%
      Senior Secured Notes due 2018.  The amendment, if approved
      by the requisite holders of the notes, would provide the
      Company with additional borrowing availability.
   
                      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.

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 29, 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.


SNAP INTERACTIVE: Reports $2 Million Net Loss for Third Quarter
---------------------------------------------------------------
Snap Interactive, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
of $2 million on $5.92 million of total revenues for the three
months ended Sept. 30, 2017, compared to net income of $273,800 on
$4.64 million of total revenues for the three months ended Sept.
30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss of $4.52 million on $18.88 million of total revenues
compared to a net loss of $427,583 on $13.94 million of total
revenues for the same period during the prior year.

As of Sept. 30, 2017, Snap Interactive had $22.64 million in total
assets, $5.27 million in total liabilities and $17.36 million in
total stockholders' equity.

"We have historically financed our operations through cash
generated from operations.  Currently, our primary source of
liquidity is cash on hand and cash flows from continuing
operations.  As of September 30, 2017, we had $3,300,267 in cash
and cash equivalents, as compared to cash and cash equivalents of
$4,162,596 as of December 31, 2016, and no long-term debt.

"We are focused on reducing costs and increasing profitability
following the AVM Merger and we believe that our cash balance and
our expected cash flow from operations will be sufficient to meet
all of our financial obligations for the twelve months from the
filing date of this Form 10-Q.  It is possible that we would need
additional capital in the future to fund our operations,
particularly growth initiatives, which we expect we would raise
through a combination of equity offerings, debt financings, other
third party funding and other collaborations and strategic
alliances.  Our future capital requirements will depend on many
factors including our growth rate, headcount, sales and marketing
activities, research and development efforts and the introduction
of new features, products, acquisitions and continued user
engagement.

"Our primary use of working capital is related to user acquisition
costs, including sales and marketing expense and product
development expense.  Our sales and marketing expenditures are
primarily spent on channels where we can estimate the return on
investment without long-term commitments.  Accordingly, we believe
we can adjust our advertising and marketing expenditures quickly
based on the expected return on investment, which should provide
flexibility and should enable us to manage our advertising and
marketing expense.  In addition, we allocate significant resources
to product development in order to maintain and create new features
and products which will enable a better user experience and
increase interactions.  We may also seek to grow our business by
expending our capital resources to fund strategic investments and
partnership opportunities."

"We are continuously evaluating and implementing cost reduction
initiatives to manage the expense of our operations.  During 2017,
we plan to continue to reduce costs by consolidating vendors
(including office space, payment processing, licensing agreements,
etc.), consolidating advertising affiliate partners, consolidating
internal departments (such as customer service) and by using
incremental offshore product development resources."

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

                       https://is.gd/zTataz

                      About Snap Interactive

New York-based Snap Interactive, Inc. --
http://www.snap-interactive.com/-- is a provider of live video
social networking and interactive dating applications.  SNAP has a
diverse product portfolio consisting of nine products, including
Paltalk and Camfrog, which together host one of the world's largest
collections of video-based communities, and FirstMet, a prominent
interactive dating brand serving users 35 and older.  The Company
has a long history of technology innovation and holds 26 patents
related to video conferencing and online gaming.

On Oct. 7, 2016, Snap Interactive and its wholly owned subsidiary,
Snap Mobile Limited completed a business combination with
privately-held A.V.M. Software, Inc. and its wholly owned
subsidiaries, Paltalk Software Inc., Paltalk Holdings, Inc., Tiny
Acquisition Inc., Camshare, Inc. and Fire Talk LLC in accordance
with the terms of an Agreement and Plan of Merger, by and among
SNAP, SAVM Acquisition Corporation, SNAP's former wholly owned
subsidiary, AVM and Jason Katz, pursuant to which AVM merged with
and into SAVM Acquisition Corporation, with AVM surviving as a
wholly owned subsidiary of SNAP.

Snap Interactive reported a net loss of $1.45 million for the year
ended Dec. 31, 2016, a net loss of $265,926 for the year ended Dec.
31, 2015, and a net loss of $1.65 million for the year ended Dec.
31, 2014.


SOLAT LLC: Seeks Authority for Preliminary Use of Cash Collateral
-----------------------------------------------------------------
SoLat, LLC and LuLAT, LLC, request the U.S. Bankruptcy Court for
the Western District of Texas for preliminary order authorizing the
use of cash collateral to pay the expenses in the aggregate sum of
$30,427 for the months of November and December 2017 as set forth
in the budget.

There are two primary secured debts guaranteed by both the Debtors
in relation to the land purchase and construction of the Chevron.
The first mortgage on the Chevron is held by Texas Champion Bank
pertaining to the purchase and the construction of the Chevron --
originally for $1,800,000.00 and the current balance is
approximately $1.8 million.  The second mortgage on the Chevron was
an SBA note originally for $1,298,000, with a remaining balance of
approximately $1.255 million.

LuLAT obtains its fuel from South Texas Fuel Distributors, LLC. who
also is owed approximately $80,000 in set up and fuel rebate fees.

The Debtors need to use cash collateral to fund post-petition
operations.  In the conduct their business, the Debtors must
purchase supplies and pay its regular operating expenses.  The
Debtors assert that they have regular business to continue
operations such that they operate at a net profit (excluding full
debt service to Texas Champion Bank) sufficient to preserve the
ongoing value of their business.

Moreover, the Debtors plan to: (a) sell a portion of the Property
that was originally designated for construction of a restaurant,
(b) reorganize payments to Texas Champion Bank and to the SBA, to
the extent that the SBA debt is secured, and (b) bring in an
operating partner to infuse extra capital into the Property and the
business of the Debtors.

Accordingly, the Debtors require the use of cash collateral while
they reorganize and continue operating their business operation.
The Debtors propose to provide Texas Champion Bank:

      (a) monthly adequate assurance payments in the amount of
$6,750 per month, and

      (b) a replacement lien on all inventory, equipment, accounts
receivable, real estate, and general intangibles from the Debtors'
estate acquired after the bankruptcy filing to the same extent,
validity, and priority as existed on the date the Chapter 11 case
was filed, and to the extent of cash collateral that is actually
used.

A full-text copy of the Debtor's Motion, dated Nov. 7, 2017, is
available at https://is.gd/3Q8EdQ

                       About SoLat, LLC
                        and LuLAT, LLC

Solat, LLC, d/b/a Chevron, filed as a Domestic Limited Liability
Company in the State of Texas on Jan. 27, 2012, according to public
records filed with Texas Secretary of State.  The company's
principal assets are located at 5115 Thousand Oaks San Antonio, TX
78233.  SoLAT, LLC was formed with the intent of owning a
commercial real property to be used in housing a Chevron gas
station and convenience store, while LuLAT, LLC was formed with the
intent of operating the Chevron gas station.

The ownership of both companies is made up of A.D. Ismail, Nada
Ismail Taha, and Hakim Taha.  A.D. Ismail owns 2% of each Debtor,
Nada Ismail Taha owns 50% of each Debtor, and Hakim Taha owns 48%
of each Debtor.

SoLat, LLC and its affiliate LuLAT, LLC, filed Chapter 11 petitions
(Bankr. W.D. Tex. Case Nos. 17-52594 and 17-52595, respectively) on
Nov. 6, 2017.  The petition was signed by Nada L. Ismail, manager.
In its petition, SoLat, LLC estimated at least $50,000 in assets
and $1 million to $10 million in liabilities.

Ronald J. Smeberg, Esq., at the Smeberg Law Firm, PLLC, serves as
counsel the Debtors.


SOUTHEAST PROPERTY: Taps Saurage Rotenberg as Real Estate Agent
---------------------------------------------------------------
Southeast Property Group, LLC seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to hire Hank
N. Saurage, IV and Billy J. Jeansonne of Saurage Rotenberg
Commercial Real Estate, LLC as its real estate agent.

Currently included within the property of the Debtor's estate is
the "Madeline Cove Subdivision," a parcel of land situated in
Sections 23 & 70, T9S, R4E, City of Lafayette, Lafayette Parish,
Louisiana.

Saurage Rotenberg has agreed to advertise the Property, represent
the Chapter 11 estate as seller in connection with the sale of the
Property to interested parties, and advise the Debtor with respect
to obtaining the highest and best offer available in the present
market for the Property.  The firm will receive as a commission,
upon the consummation of any sale, an amount equal to 6% of the
gross sales price.

Hank N. Saurage, IV, attests that Saurage Rotenberg is a
"disinterested person" as that term is defined in the Bankruptcy
Code.

The Broker can be reached through:

     Hank N. Saurage, IV
     Billy J. Jeansonne
     Saurage Rotenberg Commercial Real Estate, LLC
     5135 Bluebonnet Blvd.
     Baton Rouge, LA 70809
     Phone: 225-766-0000
     Email: hank@sr-cre.com
            bill@sr-cre.com

                About Southeast Property Group LLC

Southeast Property Group, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. La. Case No. 17-12468) on
September 15, 2017.  Michael Peralta, its member and manager,
signed the petition.

Southeast Property Group is the fee simple owner of 14.38 acres of
land in Lafayette Parish, Louisiana, valued by the Debtor at $1.10
million.  The Debtor is a "single asset real estate business."

At the time of the filing, the Debtor disclosed $1.10 million in
assets and $1.54 million in liabilities.

Judge Elizabeth W. Magner presides over the case.


SOUTHERN GRAPHICS: Moody's Affirms B2 CFR & Revises Outlook to Neg.
-------------------------------------------------------------------
Moody's Investors Service affirmed Southern Graphics Inc.'s
Corporate Family Rating (CFR) at B2 and its Probability of Default
Rating (PDR) at B2-PD. Concurrently, Moody's assigned a B1 rating
to each of the proposed $75 million first lien revolving credit
facility, $480 million first lien term loan, and $80 million first
lien delayed draw term loan. Moody's also assigned a Caa1 to the
proposed $120 million second lien term loan. The ratings outlook
was changed to negative from stable.

The new loans are being issued as part of a transaction to
refinance existing debt with the delayed draw term loan being put
in place to finance potential acquisitions. The refinancing is
expected to close in December 2017.

The change in outlook to negative reflects the high level of
execution risk associated with integrating potentially sizable
debt-funded acquisitions while undergoing a cost structure
rationalization to realign with current competitive dynamics in a
challenging industry environment. Southern Graphics is contending
with temporary declines in operating performance following pricing
pressure and extended terms due to cost reduction efforts by its
large customers as well as project delays due to uncertainty around
new food labeling guidelines. Amid these challenges, Moody's
expects roughly breakeven free cash flows (including discretionary
spend) over the next 12 months and debt-funded acquisitions could
add pressure to Southern Graphic's credit profile should the
integration not proceed smoothly or prove to be a distraction for
the current cost rationalization initiatives. However, the
refinancing transaction itself is beneficial in that it extends the
debt maturity profile and adds $15 million of liquidity under the
revolver.

Moody's affirmed the following ratings at Southern Graphics Inc.:

Corporate Family Rating at B2

Probability of Default Rating at B2-PD

Moody's assigned the following ratings to Southern Graphics Inc.:

$75 million senior secured first lien revolving credit facility
due 2022 at B1 (LGD3)

$480 million senior secured first lien term loan due 2022 at B1
(LGD3)

$80 million senior secured first lien delayed draw term loan due
2022 at B1 (LGD3)

$120 million senior secured second lien term loan due 2023 at Caa1
(LGD6)

The following ratings at Southern Graphics Inc. remain unchanged
and will be withdrawn upon the closing of the transaction and the
repayment in full of the existing bank credit facilities:

$60 million senior secured revolving credit facility due 2019 of
B1 (LGD3)

$379 million senior secured term loan ($412 million original face
value) due 2019 of B1 (LGD3)

$205 million senior unsecured notes ($210 million original face
value) due 2020 of Caa1 (LGD5)

The rating outlook has been changed to negative from stable.

RATINGS RATIONALE

Southern Graphics' B2 CFR reflects the company's high leverage,
industry pressures, and a relatively small and geographically
concentrated revenue base balanced by a strong niche market
position with vertically integrated services in the fragmented
graphic services industry and entrenched customer relationships
that support good profit margins. Pro forma for the refinancing
transaction but before any potential debt-funded acquisitions,
Debt-to-EBITDA will measure about 5.7 times (including Moody's
standard adjustments). Moody's expects pricing pressures will
persist into 2018, driving continued modest organic revenue
declines and further margin compression until abating by the end of
the year. Notwithstanding these pressures, Moody's expects the
company will generate solid double-digit EBITA margins but that
free cash flow will be largely consumed by the investments needed
to execute its cost saving initiatives albeit with some flexibility
around discretionary spend. Despite challenging industry
conditions, the company maintains long-standing customer
relationships and serves an important role in outsourced marketing
processes for branded products as an intermediary between its
customers' brand managers, their advertising companies, and their
packaging printers. As customers repackage their products into
various shapes, sizes, and forms even during challenging industry
environments in efforts to meet consumer preferences and garner
their interests, the company benefits from the SKU changes and is
not directly impacted by unit volume.

The company's proposed $75 million senior secured first lien
revolving credit facility due 2022, $480 million senior secured
first lien term loan due 2022, and $80 million senior secured first
lien delayed draw term loan due 2022 are each rated B1, one notch
above the CFR. The notching reflects the priority lien on the
collateral relative to the $120 million senior secured second lien
term loan due 2023 which is rated Caa1, two notches below the CFR.
The company will have access to the $80 million delayed draw term
loan (also available in Euros) for six months after the transaction
closes.

Factors that could lead to a downgrade include Debt-to-EBITDA over
6.5 times; EBITA-to-Interest below 1.75 times; FCF-to-Debt in the
low-single digits (excluding current optimization initiatives) or
deterioration in liquidity; leveraging acquisitions, larger target
sizes, or difficulty with integration; or loss of key customers.

Factors that could lead to an upgrade include financial policies
supportive of Debt-to-EBITDA under 4.5 times, EBITA-to-Interest
over 2.5 times, and FCF-to-Debt in the high single digits.

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

Southern Graphics Inc. (Southern Graphics), headquartered in
Louisville, Kentucky, provides design-to-print graphic services to
branded consumer product goods companies and retailers. Onex
Partners has owned the company since 2012. Revenues for the twelve
months ended September 30, 2017 were roughly $500 million.



SPECTRUM HEALTHCARE: Disclosures OK'd; Plan Hearing on Nov. 21
--------------------------------------------------------------
The Hon. James J. Tancredi of the U.S. Bankruptcy Court for the
District of Connecticut has approved Spectrum Healthcare
Manchester, LLC's disclosure statement referring to the Debtor's
third amended plan of reorganization.

A hearing on the confirmation of the Plan will be held on Nov. 21,
2017, at 2:00 p.m.

Objections to the Plan must be filed by Nov. 16, 2017, at 5:00
p.m., which is also the deadline for returning ballots accepting or
rejecting the Plan.

As reported by the Troubled Company Reporter on Nov. 6, 2017, the
Debtor filed with the Court a third amended disclosure statement
for its proposed plan of reorganization dated Oct. 24, 2017.  This
latest filing provides that Manchester will receive financial
accommodations from MidCap, to be more fully documented on or prior
to the Confirmation Date.  MidCap will provide a $3 million
revolving loan facility, which will include, as of the Effective
Date, a $1,235,000 overadvance.  The Exit Financing Facility will
replace the Debtor's obligations under the MidCap Revolving Credit
Agreement, and $1,590,000 of the outstanding balance due under the
MidCap Revolving Credit Agreement will be rolled into the Exit
Financing Facility. $306,250 in Professional Fees will be paid from
the proceeds of the Exit Financing Facility.

                 About Spectrum Healthcare

Spectrum Healthcare, LLC, and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Conn. Case Nos.
16-21635 to 16-21639) on Oct. 6, 2016.  The petitions were signed
by Sean Murphy, chief financial officer.

The Debtors are represented by Elizabeth J. Austin, Esq., Irve J.
Goldman, Esq., and Jessica Grossarth, Esq., at Pullman & Comley,
LLC. Blum, Shapiro & Co., P.C. serves as their accountant and
financial advisor.

At the time of filing, the Debtors listed these assets and
liabilities:

                                          Total        Estimated
                                          Assets      Liabilities
                                        ----------    -----------
Spectrum Healthcare                     $282,369      $500K-$1M
Spectrum Healthcare Derby               $2,068,467      $1M-$10M
Spectrum Healthcare Hartford            $4,188,568        N/A
Spectrum Healthcare Manchester, LLC     $2,729,410        N/A
Spectrum Healthcare Torrington, LLC     $3,321,626        N/A

William K. Harrington, the U.S. Trustee for the District of
Connecticut, appointed Nancy Shaffer, M.A., a member of the
Connecticut Long Term Care Ombudsman's Office, as the Patient Care
Ombudsman for Spectrum Healthcare Derby, LLC, Spectrum Healthcare
Hartford, LLC, Spectrum Healthcare Manchester, LLC, and Spectrum
Healthcare Torrington, LLC.

Spectrum Healthcare and its affiliates previously filed Chapter 11
petitions (Bankr. D. Conn. Case No. 12-22206) on Sept. 10, 2012.


SPI ENERGY: Regains Compliance With Nasdaq Listing Rule
-------------------------------------------------------
SPI Energy Co., Ltd., received a letter from The Nasdaq Stock
Market LLC stating that the Company has regained compliance with
the Nasdaq Listing Rule 5250(c)(1) with respect to the filing of
its annual report on Form 20-F for the year ended Dec. 31, 2016.
Accordingly, the Nasdaq Hearings Panel has determined to continue
the listing of the Company's securities on The Nasdaq Stock
Market.

As previously disclosed, the Company is not in compliance with the
minimum bid price requirement under Rule 5810(c)(3)(A) of the
Nasdaq Listing Rules.  The Company has a compliance period until
Nov. 21, 2017, to regain compliance with the minimum bid price
requirement.

                       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 incurred net losses of $5.2 million, $185.1 million and
$220.7 million in 2014, 2015 and 2016, respectively.  The Company
had an accumulated deficit of $466.8 million as of Dec. 31, 2016.
The Company had net cash used in operating activities of $56.5
million in 2014, net cash used in operating activities of $155.5
million in 2015 and net cash used in operating activities of $47.0
million in 2016.  The Company also had a working capital deficit of
$176.2 million as of Dec. 31, 2016.  In addition, the Company has
substantial amounts of debts that will become due in 2017.

"We have incurred net losses, experienced net cash outflows from
operating activities and recorded working capital deficit.  If we
do not effectively manage our cash and other liquid financial
assets and execute our liquidity plan, we may not be able to
continue as a going concern," the Company stated in its annual
report on Form 20-F for the year ended Dec. 31, 2016.

As of Dec. 31, 2016, SPI Energy had $361.81 million in total
assets, $374.7 million in total assets and a total shareholders'
deficit of $12.92 million.


SPRINGS INDUSTRIES: Moody's Affirms 'B2' CFR, Outlook Stable
------------------------------------------------------------
Moody's Investors Service affirmed Springs Industries, Inc. B2
Corporate Family Rating (CFR) and B2-PD Probability of Default
Rating. The B2 rating on the senior secured notes and the B2 rating
on the term loan were also affirmed. The outlook is stable.

"Moody's think Springs is well positioned in its rating category
with debt to EBITDA around 4 times," said Kevin Cassidy, Senior
Credit Officer at Moody's Investors Service. "However, Moody's
acknowledge that its owner, Golden Gate Capital, may pursue a
dividend or some other type of shareholder return in the future,"
he stated. Golden Gate Capital has owned Springs for more than four
years and has not yet returned any money to shareholders.

Springs Industries, Inc.

Ratings affirmed:

Corporate Family Rating at B2:

Probability of Default Rating at B2-PD;

$90 million term loan due June 2021 at B2 (LGD 4);

$560 million senior secured notes due June 2021 at B2 (LGD 4);

RATING RATIONALE

Springs' B2 CFR reflects its modest scale, high product and
customer concentration, and event risk related to private equity
ownership. The rating also reflects Springs' good market position,
a broad product portfolio within the window covering industry, and
long-standing customer relationships. Moody's projects that
Springs' earnings and credit metrics will improve over the next few
years as it benefits from the continuing recovery in the housing
market and strong consumer confidence.

The stable rating outlook reflects Moody's view that Springs will
continue to have moderately high leverage and be subject to event
risk while maintaining its solid market position. The outlook also
reflects the risk that leverage may increase for shareholder
returns.

Pressure on Springs' operating performance could result in a
downgrade. The ratings could also be downgraded if liquidity
deteriorates or if debt to EBITDA is sustained above 6.0 times.

An upgrade could be considered if Springs increases its scale and
product diversity and demonstrates a commitment to lower leverage.
Specifically, Moody's would need to believe that Springs would
maintain debt to EBITDA below 4.0 times before considering an
upgrade.

The principal methodology used in this rating was the Consumer
Durables Industry published in April 2017.

Headquartered in Middleton, Wisconsin, Springs Industries, Inc.
(Springs), designs and manufactures window coverings. Revenue is
approximately $1 billion. The company is owned by Golden Gate
Capital.


SRC ENERGY: Moody's Rates Proposed $550MM Senior Notes 'B3'
-----------------------------------------------------------
Moody's Investors Service assigned a B3 rating to SRC Energy Inc.'s
proposed $550 million senior notes issuance and upgraded the
existing senior unsecured notes to B3 from Caa1. The rating on the
existing notes will be withdrawn upon their anticipated full
redemption. Concurrently, Moody's affirmed the company's B2
Corporate Family Rating (CFR), B2-PD Probability of Default Rating
(PDR), and SGL-3 Speculative Grade Liquidity (SGL) Rating. The
rating outlook was changed to stable from positive.

SRC Energy has reached an agreement to acquire largely undeveloped
acreage that is contiguous to its existing position in the DJ Basin
from Noble Energy (Baa3 stable) for $568mm. Net proceeds from the
new senior notes issuance along with $275 million of proceeds from
issuing equity will be used to fund the acquisition, redeem the
existing $80 million senior unsecured notes, fund $9 million of
early redemption premiums, and repay $148 million of revolver
borrowings.

"The change in outlook to stable from positive reflects the
leveraging nature of the announced undeveloped acreage acquisition.
The capital needed to develop this acreage will prolong significant
negative free cash flow generation, add execution risk and increase
SRC Energy's reliance on revolver borrowings," said Prateek Reddy,
Moody's Analyst. "The affirmation of the B2 CFR reflects our
expectation that the company will increase scale and maintain
credit metrics that align with B2 peers.

Assignments:

Issuer: SRC Energy Inc.

-- Senior Unsecured Regular Bond/Debenture , Assigned B3 (LGD 5)

Affirmations:

Issuer: SRC Energy Inc.

-- Probability of Default Rating, Affirmed B2-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-3

-- Corporate Family Rating, Affirmed B2

Upgrades:

Issuer: SRC Energy Inc.

-- Senior Unsecured Regular Bond/Debenture, Upgraded to B3
    (LGD 5) from Caa1 (LGD 5)

Outlook Actions:

Issuer: SRC Energy Inc.

-- Outlook, Changed To Stable From Positive

RATINGS RATIONALE

The package of 30,200 net acres being acquired by SRC Energy
increases its number of drilling locations by 50%. This package has
relatively low geologic risk because of its proximity to the
company's recently completed wells within its existing position in
the Greeley-Crescent project of the Wattenberg field in the DJ
Basin. A larger and a contiguous acreage position will also enhance
the prospects for mid- to long-lateral designs and facilitate an
efficient development process. The new acreage is held by
production, providing the company control and flexibility over the
pace of drilling. However, SRC Energy is significantly increasing
debt balances to acquire largely undeveloped acreage with only
2,500 barrels of oil equivalent (boe) per day of production. With
debt rising by almost 130% to $572 million from about $250 million
as of September 30, 2017, the company's credit metrics will worsen
dramatically and will now be more aligned with many B2 peers.
Additionally, capital spending and execution risk will remain
elevated and the company will rely on revolver borrowings for a
longer period of time than previously anticipated to fund the cash
flow short falls, delaying the previously anticipated prospect of
achieving credit metrics that could merit a higher rating.

SRC Energy's B2 CFR reflects the concentration risks associated
with being a pure play Wattenberg Field operator in the DJ Basin.
The company's proved-developed reserve life is relatively low and
will require an aggressive capital spending program to grow its
reserve base at a faster pace than its production growth. The B2
rating is supported by the company's high quality contiguous
acreage in the core of the Wattenberg as well as management's deep
knowledge and experience in the basin. Despite rising debt balances
and the concurrent deterioration in credit metrics from the current
levels, the company's high quality asset base will support
production and reserve base growth while maintaining healthy
capital efficiency metrics. The recent history of using a
meaningful portion of equity along with debt to fund acquisitions
and development activity also supports the credit profile.

The proposed $550 million senior notes are rated B3, one notch
below the B2 CFR, reflecting their junior ranking to the secured
revolving credit facility in the capital structure.

SRC Energy's SGL-3 reflects adequate liquidity through the end of
2018. The company had approximately $21 million of cash on its
balance sheet (as of September 30, 2017) and will have almost full
availability under its $400 million borrowing base revolving credit
facility that expires in December 2019 ($22 million of borrowings
outstanding pro forma for the November 2017 senior notes issuance).
Moody's expects the company's capital spending in 2018 will exceed
the operating cash flow by about $200-$230 million. Additional
revolver borrowings will fund this cash flow outspend through the
end of 2018. The revolving credit facility is governed by two
financial covenants: a current ratio (1.0x) and a leverage ratio
(Debt-to-EBITDAX of 4.0x). The company will have ample headroom
under the covenants through the end of 2018.

The stable rating outlook incorporates Moody's expectation that the
company's production will exceed 45,000 boe per day and
proved-developed reserve life will improve meaningfully by the end
of 2018, without hurting capital efficiency metrics.

SRC Energy's ratings could be upgraded if average daily production
rises to 50,000 boe per day while sustaining leveraged full cycle
ratio (LFCR) comfortably above 1x. Improvement of reserve life
while debt-to-proved developed reserves is sustained below $10 per
boe will also be needed for the ratings to be upgraded.

Ratings could be downgraded if another acquisition of undeveloped
acreage is funded largely with debt or if commodity prices soften
resulting in RCF / Debt dropping below 25%. The ratings could also
be downgraded if the proved-developed reserve life remains below 4
years beyond 2017 or the LFCR drops below 1x.

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

Headquartered in Denver, CO, SRC Energy is an exploration and
production company with a primary focus in the Greater Wattenberg
Field in the DJ Basin in northeast Colorado.


SRC ENERGY: S&P Affirms 'B' Corp. Credit Rating, Outlook Stable
---------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on
Denver-based SRC Energy Inc. The outlook is stable.

S&P said, "At the same time, we assigned a 'B+' issue-level rating
and '2' recovery rating to SRC Energy's proposed $550 million
senior unsecured notes due 2025. The '2' recovery rating indicates
our expectation of substantial (70% to 90%; rounded estimate: 85%)
recovery in the event of a payment default.

"SRC Energy Inc. has launched an offering of $550 million senior
unsecured notes due 2025. We expect that the company will use
proceeds along with proceeds from a $275 million equity offering,
to fund the $568 million acquisition of primarily undeveloped
acreage from Noble Energy Inc. and repay its $80 million
outstanding senior unsecured note due 2021. SRC will use the
remaining funds to repay a majority of the borrowings under its
$400 million credit facility ($150 million outstanding as of Sept.
30, 2017).

"The stable outlook on SRC Energy reflects our view that the
company will continue to increase production in 2018 while growing
its proved reserves in line with its peers. We expect the company
to maintain FFO to debt in the 30% to 40% range in 2018, and
improving thereafter.  

"We could lower the corporate credit rating if SRC Energy's credit
measures weakened such that FFO to debt approaches 20% on a
sustained basis. We believe this could occur if the company assumed
a substantially more aggressive capital spending program than we
currently forecast, leading to a larger cash flow deficit, if its
production were weaker than our current projections for several
quarters, or if crude oil prices weakened significantly and the
company didn't reduce capital spending. We could also lower the
rating if the company's liquidity weakened, which would most likely
be due to its inability to increase the borrowing base on its
credit facility to meet its spending needs.

"We could raise the rating if the company's business risk profile
improves, which would most likely occur if the company increases
production and proved developed reserves to levels more in line its
higher rated peers, while maintaining FFO to debt above 30%."


STAR ELECTRIC: Equipment and Machinery Up for Sale Nov. 20
----------------------------------------------------------
Rosemary C. Crawford, the Chapter 7 Trustee in the bankruptcy case
of Star Electric Company, Inc., is accepting bids for the Debtor's
equipment and machinery.  The Chapter 7 Trustee will hold a sale on
Nov. 20 at 2:30 p.m., at Courtroom B, 54th Floor, U.S. Steel Tower,
600 Grant Street, Pittsburgh, PA 15219.

Objections to the sale are due by Nov. 17.  The sale hearing will
also be held Nov. 20.

The Chapter 7 Trustee will accept an initial offer of $25,000.
Higher and better offers will be considered at the hearing.

Bidders are required to submit a deposit of 10% of the initial
offer or $2,500.

The Chapter 7 Trustee may be reached at:

     Rosemary C. Crawford
     P.O. Box 355
     Allison Park, PA 15101
     E-mail: crawfordmcdonald@aol.com

The Chapter 7 bankruptcy case is In re Star Electric Company, Inc.
(Bankr. W.D. Pa. Case No. 17-22427-CMB).


STONE PROJECTS: Exclusive Plan Filing Deadline Moved to Feb. 16
---------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Massachusetts has
extended, at the behest of Stone Projects, LLC, the Debtor's
exclusive period to file a plan of reorganization through Feb. 16,
2018, and its exclusive period to solicit acceptance of that plan
through March 15, 2018.

As reported by the Troubled Company Reporter on Oct. 30, 2017, the
Debtor sought a 90-day extension so as to have sufficient time to
develop a plan for restructuring of the debt as well as to take
advantage of the seasonal nature of the business and the cash flow
which typically increases during the spring and summer months.

A copy of the court order is available at:

           http://bankrupt.com/misc/mab17-11877-77.pdf

                       About Stone Project

Stone Projects, LLC, filed a Chapter 11 bankruptcy petition (Bankr.
D. Mass. Case No. 17-11877) on May 19, 2017.  The petition was
signed by Leonardo C. Chantre, its manager.  The Debtor is
represented by Nina M. Parker, Esq., at Parker & Associates, as
bankruptcy counsel.  At the time of filing, the Debtor had $100,000
to $500,000 in estimated assets and $500,000 to $1 million in
estimated liabilities.

No request for the appointment of a trustee or examiner has been
sought in this proceeding, and no committee has been appointed or
designated.


SUNEDISON INC: CEO Files June-October 2017 Status Report
--------------------------------------------------------
BankruptcyData.com reported that SunEdison CEO John S. Dubel filed
with the U.S. Bankruptcy Court a status report for the period of
June 14, 2017 through October 20, 2017.  According to documents
filed with the Court, "Since the commencement of these Chapter 11
Cases, the Company has made substantial progress toward its goal of
maximizing the value of its assets for the benefit of all
stakeholders. Such progress has included the following notable
achievements: Confirming the Debtors' second amended joint chapter
11 plan of reorganization (as amended, the 'Plan'), which was
heavily negotiated and received overwhelming support from the
Debtors' constituents; Obtaining Court approval, in conjunction
with confirmation of the Plan, of the Committee/BOKF Plan
Settlement that is embodied in the Plan. Negotiating and obtaining
Court approval of the (i) GAM TSA . . . with TERP. Continuing
value-generating sale efforts related to (i) executing various new
asset sale transactions with a total of approximately $86 million
in net sale proceeds, and (ii) fully consummating and bringing in
value from asset sales that closed prior to this reporting period,
including, for example, reaching a settlement among the Debtors,
SMP, Ltd., and GCL-Poly Energy Holdings Limited related to a
contingent earnout from the previously closed sale of the Debtors'
solar materials business that brought in $25 million for the
Debtors' estates. Collectively, these accomplishments have set the
stage for the Debtors to emerge from chapter 11 in the near term.
While certain issues remain outstanding - and will be addressed in
the coming months - the Debtors continue to work diligently with
their constituents and advisors to effectuate the transition
process contemplated in connection with the YieldCos' merger
transactions with Brookfield and emerge from chapter 11."

                     About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.

The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors employed
PricewaterhouseCoopers LLP as financial advisors; and KPMG LLP as
their auditor and tax consultant.

SunEdison also tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East.  Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors tapped Ernst & Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc. also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power, Inc.,
and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq., at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at Pillsbury
Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.

                          *    *    *

On March 28, 2017, the Debtors filed their Plan of Reorganization
and related Disclosure Statement.  The Disclosure Statement was
approved on June 13, 2017.  Judge Stuart Bernstein subsequently
confirmed the Debtors' Second Amended Joint Plan of Reorganization
on July 28, 2017.


SUPERVALU: Bank Debt Trades at 3.12% Off
----------------------------------------
Participations in a syndicated loan under SuperValu is a borrower
traded in the secondary market at 96.88 cents-on-the-dollar during
the week ended Friday, November 3, 2017, according to data compiled
by LSTA/Thomson Reuters MTM Pricing.  This represents an increase
of 0.66 percentage points from the previous week. SuperValu pays
350 basis points above LIBOR to borrow under the $525 million
facility. The bank loan matures on June 1, 2024 and Moody's Ba3
rating and Standard & Poor's BB- rating.  The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
November 3.


TAEUS CORPORATION: Litigation Settlement Raised to 25% in New Plan
------------------------------------------------------------------
TAEUS Corporation filed with the U.S. Bankruptcy Court for the
District of Colorado a second amended disclosure statement in
support of its chapter 11 plan of reorganization dated Oct. 31,
2017.

The second amended plan provides that the Debtor performed work on
the analysis of the Patent portfolio belonging to Pen-One which
included certain phone technology used by both Apple Inc. and
Samsung Electronics Co., Ltd. The Debtor attempted to negotiate
licenses for the use of this technology to no avail and agreed to
take a percentage of the compensation which PenOne was to receive
upon the resolution of the dilemma created by the continued use of
the PenOne technology by Samsung and Apple. To resolve the
unauthorized use of the patents, patent litigation against both
Apple and Samsung was filed in the U.S. District Court for the
Southern District of Alabama on April 25, 2017.

The Debtor will now receive 25% instead of the 12.5% provided in
the previous plan of any litigation settlement amount from these
two defendants after the payment of attorneys' fees. Because PenOne
assigned the cause of action to a law firm for 50% of the proceeds
the Debtor's share has been reduced. The initial settlement amount
in the litigation was $20,000,000, and the danger of not settling
comes in the form of a judgment that could be tripled because of
willful infringement. The initial valuation provided by the Debtor
to PenOne of the patent portfolio was $18.2 billion dollars, and
the anticipated settlement amount is estimated to be between $50 to
$100 million dollars and take two years.

The initial patent case filing was dismissed pursuant to a Joint
Stipulation of Dismissal without Prejudice due to the holding in TC
HEARTLAND v. Kraft Foods Group Brands, which held that patent cases
could only be filed in the venue where the Defendants were located.
This effectively turned patent venue choice on its ear and now
cases are adjusting accordingly. Hence, the Apple case and the
Samsung case will be refiled in the appropriate venue.

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

     http://bankrupt.com/misc/cob15-23313-149.pdf

                   About TAEUS Corporation

Headquartered in Colorado Springs, Colorado, TAEUS Corporation
filed for Chapter 11 bankruptcy protection (Bankr. D. Colo. Case
No. 15-23313) on Dec. 2, 2015, with estimated assets of $0 to
$50,000 and estimated liabilities at $1 million to $10 million. The
petition was signed by Art Nutter, president.


TERRAVIA HOLDINGS: Notifies Court of KEIP Bonuses Payment
---------------------------------------------------------
BankruptcyData.com reported that TerraVia Holdings filed with the
U.S. Bankruptcy Court a notice of payment of Key Executive
Incentive Plan (KEIP) bonus.  The notice states, "After the closing
of the Auction, the Debtors and the Required DIP Lenders calculated
in good faith the Total Noteholder Consideration.  As a result of
such calculation, the Debtors and the Required DIP Lenders have
agreed that the Total Noteholder Consideration has given rise to a
Bonus Pool under the KEIP in an amount equal to $500,000.  On
September 28, 2017, the Debtors and Corbion N.V. consummated the
sale transaction . . . entered by the Court, thereby resulting in
the occurrence of a Payment Event. As a result of the occurrence of
a Payment Event and the Key Executives' satisfaction of all of the
conditions under the KEIP Order, the Debtors shall pay each Key
Executive a Bonus calculated in accordance with such Key
Executive's Participation Percentage of the Bonus Pool."

                        About TerraVia

Headquartered in South San Francisco, California, TerraVia
Holdings, Inc. (NASDAQ:TVIA) -- http://www.terravia.com/-- is a
plant-based food, nutrition and specialty ingredients company that
harnesses the power of algae, the mother of all plants and earth's
original superfood.  TerraVia also manufactures a range of
specialty personal care ingredients for key strategic partners.

On Aug. 2, 2017, TerraVia Holdings, Inc., and its wholly-owned U.S.
subsidiaries filed voluntary petitions under chapter 11 of title 11
of the United States Code (Bankr. D. Del. Lead Case No. 17-11655).
The subsidiary debtors in the Chapter 11 cases are Solazyme Brazil
LLC and Solazyme Manufacturing 1, LLC.

The Debtors sought bankruptcy protection after reaching a deal to
sell the assets to Corbion N.V. for $20 million in cash plus the
assumption of liabilities.

The Debtors hired Davis Polk & Wardwell LLP as their lead counsel
and Richards, Layton & Finger, P.A., as co-counsel.  Kurtzman
Carson Consultants LLC is the Debtors' claims agent.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.


TIFARO GROUP: Mansfield's Plan Exclusivity Moved to Jan. 21
-----------------------------------------------------------
The Hon. David R. Jones of the U.S. Bankruptcy Court for the
Southern District of Texas has extended, at the behest of EC
Mansfield, LLC, the exclusivity periods for the Debtor to file a
Chapter 11 plan through Jan. 21, 2018.

If the Debtor files a plan on or before Jan. 21, 2018, or timely
file a motion to seek further extensions under 11 U.S.C. Section
1121(b) and (c), the exclusive period is automatically extended for
an additional 60 days to allow the Debtor to solicit and obtain
acceptance of the plan.

As reported by the Troubled Company Reporter, Mansfield asked for
the extension, saying it is in the process of investigating various
measures to maximize the value of its assets.  Mansfield in the
process of putting together a plan to orderly liquidate these
assets but does not expect to have it finalized in time to file a
Chapter 11 plan prior to Nov. 22, 2017, which is the expiration of
its exclusive period to file a plan.

                  About The Tifaro Group Ltd.,
                         EC Mansfield LLC

The Tifaro Group, Ltd., is a Texas limited partnership organized as
an investment vehicle for the purpose of owning interest in various
healthcare-related entities.

Headquartered in Houston, EC Mansfield LLC, an affiliate of Tifaro
Group, owns an emergency care ambulatory facility located in
Mansfield, Texas.  It does business as Elitecare Emergency Room,
Elitecare 24 Hour Emergency Room Manfield, Elitecare 24 Hour
Emergency Room, Elitecare 24 Hour Emergency Center, Elitecare
Emergency Center, Elitecare Emergency Room.

The Tifaro Group sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Case No. 17-80171) on June 2,
2017.  At the time of the filing, Tifaro Group, Ltd. estimated its
assets and debt at $10 million to $50 million.

EC Mansfield filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Tex. Case No. 17-34452) on July 25, 2017, estimating its
assets and liabilities at between $1 million and $10 million each.

The petitions were signed by J. Patrick Magill, president of
Magill, P.C., which is the financial agent of The Tifaro Group
Management Company LLC.  TGMC is the Tifaro Group, Ltd.'s general
partner.

The cases are jointly administered under Tifaro Group.  Judge David
R. Jones presides over the cases.

Melissa A. Haselden, Esq., and Edward L. Rothberg, Esq., at Hoover
Slovacek LLP, serve as the Debtors' legal counsel.


TONGJI HEALTHCARE: Chief Financial Officer Zhang Will Leave
-----------------------------------------------------------
Mr. Eric Zhang notified Tongji Healthcare Group, Inc., that he
intends to resign as chief financial officer of the Company for
personal reasons, effective Nov. 15, 2017.  Mr. Zhang's resignation
is not in connection with any known disagreement with the Company
on any matter, according to a Form 8-K report filed with the
Securities and Exchange Commission.

The Board appointed Mr. Yunhui Yu , the Company's president and
chief executive officer as its interim chief financial officer ,
effective Nov. 15, 2017.  Mr. Yu will serve as interim chief
financial officer until a successor is named.  The Company is in
the process of conducting a search for chief financial officer and
will name that successor at the completion of the search.  Mr. Yu
will not receive any additional consideration for his services as
interim chief financial officer.

Mr. Yu is Tongji's founder and has been its chief executive
officer, president and one of its directors since October 2003.
Since October 1999 Mr. Yu has also been the chief executive officer
and a director of Guangxi Tongji Medicine Co., Ltd., an affiliated
company which operates pharmacies in China.  Mr. Yu received his
bachelor's degree in medicine from the First Military Medical
University of the People's Liberation Army of China in August 1984.
Mr. Yu holds a license as a physician from the Chinese Ministry of
Health.

                      About Tongji Healthcare

Based in Nanning, Guangxi, the People's Republic of China, Tongji
Healthcare Group, Inc., a Nevada corporation, operates Nanning
Tongji Hospital, a general hospital with 105 licensed beds.

Tongji Healthcare reported a net loss of $3.64 million on $1.93
million of total operating revenue for the year ended Dec. 31,
2016, compared to a net loss of $588,600 on $2.35 million of total
operating revenue for the year ended Dec. 31, 2015.  As of June 30,
2017, the Company had $7.45 million in total assets, $14.47 million
in total liabilities and a total stockholders' deficit of $7.02
million.

Anton & Chia, LLP, in Newport Beach, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has negative
working capital of $6.74 million, an accumulated deficit of $7.20
million, and shareholders' deficit of $6.16 million as of Dec. 31,
2016.  The Company's ability to continue as a going concern
ultimately is dependent on the management's ability to obtain
equity or debt financing, attain further operating efficiencies,
and achieve profitable operations.


TOYS R US: Committee Taps FTI Consulting as Financial Advisor
-------------------------------------------------------------
The official committee of unsecured creditors of Toys "R" Us, Inc.
seeks approval from the U.S. Bankruptcy Court for the Eastern
District of Virginia to hire FTI Consulting, Inc. as its financial
advisor.

The firm will provide these services related to the Chapter 11
cases filed by Toys "R" Us and its affiliates:

     (a) assistance in the review of financial related
         disclosures required by the court;

     (b) assistance in the preparation of analyses required to
         assess the sufficiency of any proposed debtor-in-
         possession financing or use of cash collateral;

     (c) assistance in the assessment and monitoring of the
         Debtors' short-term cash flow, liquidity and operating
         results;

     (d) assistance in the review of the Debtors' proposed key
         employee retention and other employee benefit programs;

     (e) assistance in the review of the Debtors' business plan
         and underlying retail and real estate strategies;

     (f) assistance in the review of the Debtors' cost/benefit
         analysis with respect to the affirmation or rejection of
         various executory contracts and leases;

     (g) assistance in the review of the Debtors' identification
         of potential cost savings;

     (h) assistance in the review of any tax issues associated
         with, but not limited to, claims or stock trading,
         preservation of net operating losses, refunds due to the
         Debtors, plans of reorganization, and asset sales;

     (i) assistance in the review of the claims reconciliation
         and estimation process;

     (j) assistance in the review of activities amongst the
         Debtors and their affiliates, including cost
         allocations;

     (k) assistance in the review of other financial information
         prepared by the Debtors;

     (l) attendance at meetings;

     (m) assistance in the review and preparation of information
         and analysis necessary for the confirmation of a plan;

     (n) assistance in the evaluation and analysis of avoidance
         actions; and

     (o) assistance in the prosecution of committee responses or
         objections to the Debtors' motions, attendance at
         depositions and provision of expert reports or testimony
         on case issues as required by the committee.

The customary hourly rates charged by FTI professionals anticipated
to be assigned to the cases are:

     United States                     Per Hour (USD)
     -------------                     --------------
     Sr. Managing Directors             $840 - $1,050
     Directors/Sr. Directors/
       Managing Directors                 $630 - $835
     Consultants/Sr. Consultants          $335 - $605
     Administrative/Paraprofessionals     $135 - $265

     Canada                            Per Hour (USD)
     ------                            --------------
     Sr. Managing Directors               $825 - $925
     Directors/Sr. Directors/
       Managing Directors                 $605 - $775
     Consultants/Sr. Consultants          $340 - $520
     Administrative/Paraprofessionals       $0 - $120

Samuel Star, FTI senior managing director, disclosed in a court
filing that his firm does not hold or represent any interest
adverse to the Debtors' estates.

The firm can be reached through:

     Samuel E. Star
     FTI Consulting, Inc.
     Three Times Square, 9th Floor
     New York, NY, 10036
     Tel: +1 212 247 1010
     Fax: +1 212 841 9350
     Email: samuel.star@fticonsulting.com

                        About Toys "R" Us

Toys "R" Us, Inc., is an American toy and juvenile-products
retailer founded in 1948 and headquartered in Wayne, New Jersey, in
the New York City metropolitan area.  Merchandise is sold in 880
Toys "R" Us and Babies "R" Us stores in the United States, Puerto
Rico and Guam, and in more than 780 international stores and more
than 245 licensed stores in 37 countries and jurisdictions.

Merchandise is also sold at e-commerce sites including Toysrus.com
and Babiesrus.com.

On July 21, 2005, a consortium of Bain Capital Partners LLC,
Kohlberg Kravis Roberts and Vornado Realty Trust invested $1.3
billion to complete a $6.6 billion leveraged buyout of the
company.

Toys "R" Us is now a privately owned entity but still files with
the Securities and Exchange Commission as required by its debt
agreements.

The Company's consolidated balance sheet showed $6.572 billion in
assets, $7.891 billion in liabilities, and a stockholders' deficit
of $1.319 billion as of April 29, 2017.

Toys "R" Us, Inc., and certain of its U.S. subsidiaries and its
Canadian subsidiary voluntarily filed for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No. Case No.
17-34665) on Sept. 19, 2017.

In addition, the Company's Canadian subsidiary voluntarily
commenced parallel proceedings under the Companies' Creditors
Arrangement Act ("CCAA") in Canada in the Ontario Superior Court of
Justice.

The Company's operations outside of the U.S. and Canada, including
its 255 licensed stores and joint venture partnership in Asia,
which are separate entities, are not part of the Chapter 11 filing
and CCAA proceedings.

Grant Thornton is the monitor appointed in the CCAA case.

Judge Keith L. Phillips presides over the Chapter 11 cases.

In the Chapter 11 cases, Kirkland & Ellis LLP and Kirkland & Ellis
International LLP serve as the Debtors' legal counsel.  Kutak Rock
LLP serves as co-counsel.  Toys "R" Us employed Alvarez & Marsal
North America, LLC as its restructuring advisor; and Lazard Freres
& Co. LLC as its investment banker.  It hired Prime Clerk LLC as
claims and noticing agent.  A&G Realty Partners, LLC, serves as its
real estate advisor.

On Sept. 26, 2017, the U.S. Trustee for Region 4 appointed an
official committee of unsecured creditors.


TOYS R US: Committee Taps Kramer Levin as Legal Counsel
-------------------------------------------------------
The official committee of unsecured creditors of Toys "R" Us, Inc.
seeks approval from the U.S. Bankruptcy Court for the Eastern
District of Virginia to hire Kramer Levin Naftalis & Frankel LLP as
its legal counsel.

The firm will advise the committee regarding its duties under the
Bankruptcy Code; negotiate and evaluate any proposed financing;
give legal advice on any proposed asset sale; assist in the
preparation of a bankruptcy plan; and provide other legal services
related to the Chapter 11 cases filed by Toys "R" Us and its
affiliates.

The firm's hourly rates are:

     Partners            $850 - $1,250
     Counsel             $925 - $1,195
     Special Counsel       $840 - $965
     Associates            $460 - $890
     Paraprofessionals     $250 - $380

Robert Schmidt, Esq., 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.
Schmidt disclosed that his firm has not agreed to any variations
from, or alternatives to, its standard or customary billing
arrangements, and that no professional at the firm has varied his
rate based on the geographic location of the Debtor's bankruptcy
case.

Mr. Schmidt also disclosed that Kramer Levin did not represent the
committee before its formation and that the firm's billing rates
have not changed since the petition date.

Kramer Levin is developing a budget and staffing plan that will be
presented for approval by the committee, Mr. Schmidt further
disclosed.

Kramer Levin can be reached through:

     Kenneth H. Eckstein, Esq.
     Robert T. Schmidt, Esq.
     Stephen D. Zide, Esq.
     Rachael L. Ringer, Esq.
     Kramer Levin Naftalis & Frankel LLP
     1177 Avenue of the Americas
     New York, NY 10036
     Tel: (212) 715-9100
     Fax: (212) 715-8000

                        About Toys "R" Us

Toys "R" Us, Inc., is an American toy and juvenile-products
retailer founded in 1948 and headquartered in Wayne, New Jersey, in
the New York City metropolitan area.  Merchandise is sold in 880
Toys "R" Us and Babies "R" Us stores in the United States, Puerto
Rico and Guam, and in more than 780 international stores and more
than 245 licensed stores in 37 countries and jurisdictions.

Merchandise is also sold at e-commerce sites including Toysrus.com
and Babiesrus.com.

On July 21, 2005, a consortium of Bain Capital Partners LLC,
Kohlberg Kravis Roberts and Vornado Realty Trust invested $1.3
billion to complete a $6.6 billion leveraged buyout of the
company.

Toys "R" Us is now a privately owned entity but still files with
the Securities and Exchange Commission as required by its debt
agreements.

The Company's consolidated balance sheet showed $6.572 billion in
assets, $7.891 billion in liabilities, and a stockholders' deficit
of $1.319 billion as of April 29, 2017.

Toys "R" Us, Inc., and certain of its U.S. subsidiaries and its
Canadian subsidiary voluntarily filed for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No. Case No.
17-34665) on Sept. 19, 2017.

In addition, the Company's Canadian subsidiary voluntarily
commenced parallel proceedings under the Companies' Creditors
Arrangement Act ("CCAA") in Canada in the Ontario Superior Court of
Justice.

The Company's operations outside of the U.S. and Canada, including
its 255 licensed stores and joint venture partnership in Asia,
which are separate entities, are not part of the Chapter 11 filing
and CCAA proceedings.

Grant Thornton is the monitor appointed in the CCAA case.

Judge Keith L. Phillips presides over the Chapter 11 cases.

In the Chapter 11 cases, Kirkland & Ellis LLP and Kirkland & Ellis
International LLP serve as the Debtors' legal counsel.  Kutak Rock
LLP serves as co-counsel.  Toys "R" Us employed Alvarez & Marsal
North America, LLC as its restructuring advisor; and Lazard Freres
& Co. LLC as its investment banker.  It hired Prime Clerk LLC as
claims and noticing agent.  A&G Realty Partners, LLC, serves as its
real estate advisor.

On Sept. 26, 2017, the U.S. Trustee for Region 4 appointed an
official committee of unsecured creditors.


TOYS R US: Committee Taps Moelis & Company as Investment Banker
---------------------------------------------------------------
The official committee of unsecured creditors of Toys "R" Us, Inc.
seeks approval from the U.S. Bankruptcy Court for the Eastern
District of Virginia to hire an investment banker.

The committee proposes to employ Moelis & Company LLC to provide
these services related to the Chapter 11 cases filed by Toys "R" Us
and its affiliates:

     (a) assist the committee in reviewing and analyzing the
         Debtors' results of operations, financial condition and
         business plan;

     (b) review and analyze a potential restructuring and assist
         the committee in negotiating a restructuring;

     (c) analyze the Debtors' capital structure;

     (d) analyze the terms of securities the Debtors offer in a
         potential restructuring;

     (e) review any alternative to a restructuring proposed by
         the Debtors or creditors;

     (f) participate in meetings with the committee and meet with
         the Debtors' management, board, creditor groups and
         equity holders to discuss any restructuring; and

     (g) participate in hearings before the bankruptcy court and
         provide testimony on matters mutually agreed upon.

Moelis & Company will be compensated according to this fee
arrangement:

     (i) Whether or not a restructuring has taken place or will
         take place, the firm will be paid a monthly fee of
         $200,000, payable in advance of each month, during the
         term of its employment.  

    (ii) At the closing of a restructuring, the firm will receive
         a $3 million fee.  However, in the event that the
         restructuring is consummated as part of a confirmed
         Chapter 11 plan -- including a plan adopted subsequent
         to one or more asset sales pursuant to section 363 of
         the Bankruptcy Code -- the fee will be $6 million.
         Fifty percent of all monthly fees, beginning with the
         seventh full monthly fee that is actually paid, will be
         offset against the restructuring fee, up to a maximum
         of $1 million.

Barak Klein, managing director of Moelis & Company, disclosed in a
court filing that the firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Barak Klein
     Moelis & Company LLC
     399 Park Avenue, 5th Floor
     New York, NY 10022
     Tel: 1 212-883-3800
     Fax: 1 212-880-4260

                        About Toys "R" Us

Toys "R" Us, Inc., is an American toy and juvenile-products
retailer founded in 1948 and headquartered in Wayne, New Jersey, in
the New York City metropolitan area.  Merchandise is sold in 880
Toys "R" Us and Babies "R" Us stores in the United States, Puerto
Rico and Guam, and in more than 780 international stores and more
than 245 licensed stores in 37 countries and jurisdictions.

Merchandise is also sold at e-commerce sites including Toysrus.com
and Babiesrus.com.

On July 21, 2005, a consortium of Bain Capital Partners LLC,
Kohlberg Kravis Roberts and Vornado Realty Trust invested $1.3
billion to complete a $6.6 billion leveraged buyout of the
company.

Toys "R" Us is now a privately owned entity but still files with
the Securities and Exchange Commission as required by its debt
agreements.

The Company's consolidated balance sheet showed $6.572 billion in
assets, $7.891 billion in liabilities, and a stockholders' deficit
of $1.319 billion as of April 29, 2017.

Toys "R" Us, Inc., and certain of its U.S. subsidiaries and its
Canadian subsidiary voluntarily filed for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No. Case No.
17-34665) on Sept. 19, 2017.

In addition, the Company's Canadian subsidiary voluntarily
commenced parallel proceedings under the Companies' Creditors
Arrangement Act ("CCAA") in Canada in the Ontario Superior Court of
Justice.

The Company's operations outside of the U.S. and Canada, including
its 255 licensed stores and joint venture partnership in Asia,
which are separate entities, are not part of the Chapter 11 filing
and CCAA proceedings.

Grant Thornton is the monitor appointed in the CCAA case.

Judge Keith L. Phillips presides over the Chapter 11 cases.

In the Chapter 11 cases, Kirkland & Ellis LLP and Kirkland & Ellis
International LLP serve as the Debtors' legal counsel.  Kutak Rock
LLP serves as co-counsel.  Toys "R" Us employed Alvarez & Marsal
North America, LLC as its restructuring advisor; and Lazard Freres
& Co. LLC as its investment banker.  It hired Prime Clerk LLC as
claims and noticing agent.  A&G Realty Partners, LLC, serves as its
real estate advisor.

On Sept. 26, 2017, the U.S. Trustee for Region 4 appointed an
official committee of unsecured creditors.


TOYS R US: Committee Taps Wolcott Rivers as Local Counsel
---------------------------------------------------------
The official committee of unsecured creditors of Toys "R" Us, Inc.
seeks approval from the U.S. Bankruptcy Court for the Eastern
District of Virginia to hire Wolcott Rivers, P.C. as its local
counsel.

The firm will advise the committee regarding local rules, practices
and procedures, and will provide other legal services related to
the Chapter 11 cases filed by Toys "R" Us and its affiliates.

The firm's hourly rates are:

     Shareholders                   $425
     Associate Attorneys     $275 - $375
     Paralegals                     $125

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

The firm can be reached through:

     Cullen D. Speckhart, Esq.
     Olya Antle, Esq.
     Wolcott Rivers, Gates P.C.
     200 Bendix Road, Suite 300
     Virginia Beach, VA 23452
     Tel: (757) 497-6633
     Email: cspeckhart@wolriv.com
     Email: oantle@wolriv.com

                        About Toys "R" Us

Toys "R" Us, Inc., is an American toy and juvenile-products
retailer founded in 1948 and headquartered in Wayne, New Jersey, in
the New York City metropolitan area.  Merchandise is sold in 880
Toys "R" Us and Babies "R" Us stores in the United States, Puerto
Rico and Guam, and in more than 780 international stores and more
than 245 licensed stores in 37 countries and jurisdictions.

Merchandise is also sold at e-commerce sites including Toysrus.com
and Babiesrus.com.

On July 21, 2005, a consortium of Bain Capital Partners LLC,
Kohlberg Kravis Roberts and Vornado Realty Trust invested $1.3
billion to complete a $6.6 billion leveraged buyout of the
company.

Toys "R" Us is now a privately owned entity but still files with
the Securities and Exchange Commission as required by its debt
agreements.

The Company's consolidated balance sheet showed $6.572 billion in
assets, $7.891 billion in liabilities, and a stockholders' deficit
of $1.319 billion as of April 29, 2017.

Toys "R" Us, Inc., and certain of its U.S. subsidiaries and its
Canadian subsidiary voluntarily filed for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No. Case No.
17-34665) on Sept. 19, 2017.

In addition, the Company's Canadian subsidiary voluntarily
commenced parallel proceedings under the Companies' Creditors
Arrangement Act ("CCAA") in Canada in the Ontario Superior Court of
Justice.

The Company's operations outside of the U.S. and Canada, including
its 255 licensed stores and joint venture partnership in Asia,
which are separate entities, are not part of the Chapter 11 filing
and CCAA proceedings.

Grant Thornton is the monitor appointed in the CCAA case.

Judge Keith L. Phillips presides over the Chapter 11 cases.

In the Chapter 11 cases, Kirkland & Ellis LLP and Kirkland & Ellis
International LLP serve as the Debtors' legal counsel.  Kutak Rock
LLP serves as co-counsel.  Toys "R" Us employed Alvarez & Marsal
North America, LLC as its restructuring advisor; and Lazard Freres
& Co. LLC as its investment banker.  It hired Prime Clerk LLC as
claims and noticing agent.  A&G Realty Partners, LLC, serves as its
real estate advisor.

On Sept. 26, 2017, the U.S. Trustee for Region 4 appointed an
official committee of unsecured creditors.


TOYS R US: Crenshaw Ware Tapped as Local Counsel
------------------------------------------------
Toys "R" Us - Delaware, Inc. seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Virginia to hire
Crenshaw, Ware & Martin, P.L.C. as its local counsel.

Crenshaw will provide legal advice to the Debtor's independent
directors, Alan Carr and Neal Goldman, on matters related to its
Chapter 11 case in which a conflict exists between the Debtor and
its shareholders, affiliates, directors or officers.  The firm will
work with Curtis, Mallet-Prevost, Colt & Mosle LLP, another firm
hired by the Debtor as legal counsel.

The firm's hourly rates are:

     Partners                     $350
     Associates            $230 - $250
     Paraprofessionals            $150

Donald Schultz, Esq., a partner at Crenshaw, 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.
Schultz disclosed that his firm has not agreed to any variations
from, or alternatives to, its standard or customary billing
arrangements, and that no professional at the firm has varied his
rate based on the geographic location of the Debtor's bankruptcy
case.

The firm can be reached through:

     Donald C. Schultz, Esq.
     David C. Hartnett, Esq.
     Crenshaw, Ware & Martin, P.L.C.
     150 West Main Street, Suite 1500
     Norfolk, VA 23510
     Tel: (757) 623-3000
     Fax: (757) 623-5735

                        About Toys "R" Us

Toys "R" Us, Inc., is an American toy and juvenile-products
retailer founded in 1948 and headquartered in Wayne, New Jersey, in
the New York City metropolitan area.  Merchandise is sold in 880
Toys "R" Us and Babies "R" Us stores in the United States, Puerto
Rico and Guam, and in more than 780 international stores and more
than 245 licensed stores in 37 countries and jurisdictions.

Merchandise is also sold at e-commerce sites including Toysrus.com
and Babiesrus.com.

On July 21, 2005, a consortium of Bain Capital Partners LLC,
Kohlberg Kravis Roberts and Vornado Realty Trust invested $1.3
billion to complete a $6.6 billion leveraged buyout of the
company.

Toys "R" Us is now a privately owned entity but still files with
the Securities and Exchange Commission as required by its debt
agreements.

The Company's consolidated balance sheet showed $6.572 billion in
assets, $7.891 billion in liabilities, and a stockholders' deficit
of $1.319 billion as of April 29, 2017.

Toys "R" Us, Inc., and certain of its U.S. subsidiaries and its
Canadian subsidiary voluntarily filed for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No. Case No.
17-34665) on Sept. 19, 2017.

In addition, the Company's Canadian subsidiary voluntarily
commenced parallel proceedings under the Companies' Creditors
Arrangement Act ("CCAA") in Canada in the Ontario Superior Court of
Justice.

The Company's operations outside of the U.S. and Canada, including
its 255 licensed stores and joint venture partnership in Asia,
which are separate entities, are not part of the Chapter 11 filing
and CCAA proceedings.

Grant Thornton is the monitor appointed in the CCAA case.

Judge Keith L. Phillips presides over the Chapter 11 cases.

In the Chapter 11 cases, Kirkland & Ellis LLP and Kirkland & Ellis
International LLP serve as the Debtors' legal counsel.  Kutak Rock
LLP serves as co-counsel.  Toys "R" Us employed Alvarez & Marsal
North America, LLC as its restructuring advisor; and Lazard Freres
& Co. LLC as its investment banker.  It hired Prime Clerk LLC as
claims and noticing agent.  A&G Realty Partners, LLC, serves as its
real estate advisor.

On Sept. 26, 2017, the U.S. Trustee for Region 4 appointed an
official committee of unsecured creditors.


TRANSDIGM INC: S&P Rates New 1st Lien Term Loans E & F 'B+'
-----------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '3'
recovery rating to TransDigm Inc.'s proposed $1.503 billion
first-lien term loan E due 2022 and $3.655 billion first-lien term
loan F due 2023. The '3' recovery rating indicates S&P's
expectation for meaningful (50%-70%; rounded estimate: 60%)
recovery in a default scenario.

All of S&P's other ratings on the company remain unchanged.

TransDigm expects to use the proceeds from the new term loan F to
refinance its existing $798 million outstanding term loan D due
2021 and $2.857 billion outstanding term loan F due 2023. The
company plans to use the proceeds from the new term loan E to
refinance its existing $1.503 billion outstanding term loan E due
2022. This transaction will somewhat reduce TransDigm's interest
expense; however, S&P does not believe that it will significantly
alter the company's credit metrics.

S&P said, "Our ratings on TransDigm reflects the company's leading
positions in the niche markets for engineered aircraft components,
its good customer and platform diversity, its above-average
profitability, its weak credit metrics, and its high leverage. We
expect that the company's credit metrics will remain mostly
unchanged over the next two years as it continues to use its cash
flow to fund acquisitions and large periodic dividends."

ISSUE RATINGS

Recovery Analysis

Key analytical factors

S&P said, "We have completed our recovery analysis on TransDigm's
proposed transaction and assigned a '3' recovery rating to the
company's new $1.503 billion term loan E due 2022 and $3.655
billion term loan F due 2023. We plan to withdraw our ratings on
TransDigm's existing term loan D, term loan E, and term loan F once
they have been repaid. Pro forma for the transaction the company's
capital structure will comprise a $600 million cash flow revolver,
a $300 million accounts receivable (A/R) securitization facility,
approximately $7 billion of first-lien term loans, and $4.6 billion
of senior subordinated notes."

Other default assumptions include the following: LIBOR rises to 250
basis points (bps) and the revolver is 85% drawn at default.

Simulated default scenario

-- Simulated year of default: 2021
-- EBITDA at emergence: $823.7 million
-- EBITDA multiple: 6x

Simplified waterfall

-- Net recovery value for waterfall after admin. expenses (5%):
$4.695 billion
-- Valuation split (obligors/nonobligors): 95%/5%
-- Estimated priority claims: $203.4 million
-- Estimated first-lien claims: $7.472 billion
    --Recovery expectations: 50%-70% (rounded estimate: 60%)
-- Estimated subordinated claims: $4.743 billion    
--Recovery expectation: 0%-10% (rounded estimate: 0%)

RATINGS LIST

  TransDigm Inc.
   Corporate Credit Rating           B+/Stable/--

  New Rating

  TransDigm Inc.
   Senior Secured
    $1.503 bil term ln E due 2022    B+
     Recovery Rating                 3(60%)
    $3.655 bil term ln F due 2023    B+
     Recovery Rating                 3(60%)


TSC/JMJ SNOWDEN: Sonabank Wants to Prohibit Use of Cash Collateral
------------------------------------------------------------------
Sonabank requests the U.S. Bankruptcy Court for the District of
Maryland for entry of an order prohibiting TSC/JMJ Snowden River
South, LLC, from using cash collateral.

Sonabank is the holder of a Deed of Trust from the Debtor, securing
a loan in the original principal amount of $9,200,000, which was
increased to $10,050,000 pursuant to that certain Amendment to the
Note.

The Deed of Trust secures that certain real property known as 9305
Snowden River Parkway, Midway Business Center, Columbia, MD 21045.
Sonabank is further secured by that certain Assignment of Rents
with respect to the Property, which grants Sonabank a perfected
first priority security interest in, among other things, all rents
derived from the Property.

Since the Petition Date, Sonabank has continued to receive rental
payments from some of the tenants at the Property.  Sonabank
believes that the Debtor has not informed or advised its tenants to
make rental payments directly to the Debtor. Consequently, Sonabank
has continued to hold these payments without applying such payments
to the balance due on the Note.

Sonabank argues that it does not consent to the Debtor's use of
cash collateral derived from the Property and the Court has not
authorized such use either. Accordingly, Sonabank also asks the
Court to allow it to apply all rent payments received from the
tenants to the balance due on the Note.

Attorneys for Sonabank:

            Cindy R. Diamond, Esq.
            Diamond Iotina Hartman LLC
            One Village Square, Suite 158
            Telephone: (443) 825-4111
            E-mail: cdiamond@dihlaw.com

                      About TSC/JMJ Snowden

TSC/JMJ Snowden River South, LLC, filed as a "Single Asset Real
Estate" whose principal assets are located at 9301, 9309 and 9315
Snowden River Parkway Columbia, MD 21045. The Company is an
affiliate of College Park Investments, LLC, which sought bankruptcy
protection (Bankr. D. Md. Case No. 17-22678) on Sept. 22, 2017.

TSC/JMJ Snowden River South filed a Chapter 11 petition (Bankr. D.
Md. Case No. 17-24150) on Oct. 23, 2017.  Bruce S. Jaffe, manager,
signed the petition.  The Debtor is represented by Lawrence A.
Katz, Esq. of Hirschler Fleischer PC as bankruptcy counsel.  At the
time of filing, the Debtor estimated assets and liabilities at $10
million to $50 million.


U.S. PIPE: PI Victims' Claims Not Discharged by Bankruptcy Case
---------------------------------------------------------------
Judge K. Rodney May of the U.s. Bankruptcy Court for the Middle
District of Florida entered an order granting the Defendants'
motion for summary judgment in the adversary proceeding captioned
United States Pipe & Foundry Co., Plaintiff, v. Benetha Adams, et
al., Defendants, Adv. Pro. No. 8:17-ap-0032-KRM (Bankr. M.D.
Fla.).

In this adversary proceeding, Debtor US Pipe & Foundry, whose
Chapter 11 plan was confirmed more than 20 years ago, seeks a
declaratory judgment that recently-filed lawsuits in Alabama state
court are barred by its 1995 bankruptcy discharge.  The parties
have filed motions for summary judgment and they agree that the
outcome depends on application of the principles enunciated in
Epstein v. Official Committee of Unsecured Claimants of Estate of
Piper Aircraft Corporation to determine whether the 1,300 state
court plaintiffs had "claims," that were discharged by the
Confirmation Order and 11 U.S.C. section 1141(d)(1)(A).

In September of 2015, the Defendants filed 24 complaints against
the Debtor in Alabama state court. Thirteen of these lawsuits were
later removed to the United States District Court for the Northern
District of Alabama. The remaining state court lawsuits were
consolidated for pre-trial coordination and discovery.

The state court complaints are virtually identical, with counts for
negligence, wanton conduct, nuisance, negligence per se, and
trespass. They allege that: harm was caused by Debtor's
manufacturing process, which resulted in the release of
contaminants into the air, ground, and water; the release of
contaminants occurred as early as 1911; the contaminations had "an
immediate and/or permanent adverse effect;"  and each of the
plaintiffs was exposed to toxicologically significant levels of the
contaminants released from the plant. As a result of the exposure,
each of the plaintiffs have suffered various personal injuries
and/or property damages, including such diseases and medical
illnesses as lung cancer, kidney failure, and birth defects. It is
alleged that these injuries did not become known until after the
date of the Confirmation Order.

The parties agree that Piper is the governing legal precedent; but,
they disagree on the application of the so-called Piper test.
Specifically, the issue is whether a person must know, during the
bankruptcy case, that they have a right to payment before they can
have a claim that may be discharged.

Here, Defendants' exposure to toxic chemicals in the air, ground,
and water surrounding the plant was unknown until sometime after
1995. Looking back, hypothetically, if the Piper test had been
applied during Debtor's Chapter 11 case, none of the residents of,
or visitors to, the neighborhood could have been identified as
future claimants based on the contamination, because the tortious
conduct had not yet been disclosed or discovered. Nor, had it yet
resulted in a known injury. Likewise, and again hypothetically, if
Debtor's Chapter 11 had occurred after the filing of the 2006
lawsuit or the EPA's later testing, this decision would be governed
by the outcomes in most of the asbestos cases.

The Court rejects the argument that Debtor's discharge of harmful
chemicals into the air, water or soil since 1911, by itself,
created the necessary relationship of conduct to identifiable
claimant, as required by the Piper test. Defendants did not have
claims prior to the Confirmation Order. Thus, the claims they now
assert in the state court lawsuits were not discharged in 1995.

Summary judgment is appropriate here because there is no genuine
issue of material fact. The issue here is susceptible to decision
solely as a matter of law. For these reasons, the Court grants the
Defendants' Motion for Summary Judgment and denies the Plaintiff's
Motion for Partial Summary Judgment.

The Court ruled that Defendants did not have claims, as defined by
Section 101(5), during the Debtor's Chapter 11 case.  The claims
now asserted by the Defendants in state court actions were not
discharged in the Debtor's bankruptcy case, and therefore, the
Defendants are not barred from asserting those claims against the
Debtor; and, the Defendants are not enjoined from further
prosecution of the claims asserted in the state court complaints.
The Debtor's Motion for Partial Summary Judgment is denied.

The bankruptcy case is in re: United States Pipe & Foundry Co.,
Chapter 11, Debtor, Case No. 8:89-bk-09744-KRM (Bankr. M.D. Fla.).

A full-text copy of Judge May's Nov. 7, 2017 Memorandum Opinion and
Order is available at https://is.gd/SnIOQE from Leagle.com.

United States Pipe & Foundry Co., Debtor, represented by Don M.
Stichter, Stichter, Riedel, Blain & Postler, P.A., Scott A.
Stichter, Stichter, Riedel, Blain & Postler, P.A., Marc A. Fuller
--
mfuller@velaw.com -- Vinson & Elkins LLP, Matthew W. Moran --
mmoran@velaws.com -- Vinson & Elkins LLP & Marissa A. Wilson --
mwilson@velaw.com -- Vinson & Elkins LLP.

                 About United States Pipe

United States Pipe & Foundry Company, LLC, was previously a
wholly-owned subsidiary of Walter Industries, Inc., now known as
Walter Energy, Inc. Debtor manufactured ductile iron pipe for
industries and municipalities. Its plant in Birmingham, Alabama,
was constructed in 1910; manufacturing began around 1911; and
operations ceased around 2010. The plant was ultimately dismantled
in 2012 after the surrounding area was designated as a Superfund
site.

United States Pipe, its parent, and affiliated companies filed
voluntary petitions for relief under Chapter 11 in this Court on
December 27, 1989.  The Debtor and its affiliates filed an Amended
Joint Plan of Reorganization, dated as of December 9, 1994.  The
Plan was confirmed by an order entered on March 2, 1995.


UC HOLDINGS: S&P Hikes New Term Loan Due 2024 to 'B+'
-----------------------------------------------------
S&P Global Ratings raised its issue-level rating on Southfield,
Mich.-based auto components supplier UC Holdings Inc.'s proposed
senior secured term loan due 2024 to 'B+' from 'B' following the
company's announcement that it plans to reduce the size of the term
loan by $95 million to $225 million. At the same time, S&P revised
its recovery rating on the term loan to '2' from '3'. The '2'
recovery rating indicates its expectation for substantial (70%-90%;
rounded estimate: 75%) recovery in the event of a default.

The $225 million term loan will be issued by UC Holdings'
subsidiary Chassix Inc. The company plans to use the proceeds from
the loan to pay a $165 million dividend (reduced from $260 million
previously) to its shareholders for past debt forgiveness.

S&P said, "Although we expect that the transaction will reduce UC
Holdings' leverage by nearly 0.7x, our corporate credit rating on
the company remains unchanged. This is because Cerberus Capital
Management and Oaktree continue to hold a majority ownership stake
in the company (combined stake of over 50%) and we believe that
both of these financial sponsors have a tendency to extract cash or
otherwise increase the debt leverage of the companies they acquire
over time. Though not included in our base-case assumptions,
aggressive dividend payouts or debt-financed acquisitions could
limit the discretionary cash flow available to UC Holdings for debt
reduction. This increases the company's downside risk because we
anticipate weaker automotive demand over the next two years."

RECOVERY ANALYSIS

Key analytical factors

S&P said, "Our simulated default scenario assumes a default in 2020
because of severely declining sales, the loss of a significant
contract, or major operational execution issues that significantly
impair the company's liquidity.

Simulated default assumptions

-- Simulated year of default: 2020
-- EBITDA at emergence: $58 million
-- EBITDA multiple: 5x
-- LIBOR at default: 2.5%

Simplified waterfall

-- Net emergence value (after 5% admin. expenses): $274 million
-- Obligor/nonobligor valuation split: 60%/40%
-- Estimated first-lien claim: $229 million
-- Collateral value available for first-lien claim: $148 million
    --Recovery range: 70%-90% (rounded estimate: 75%)

RATINGS LIST

  UC Holdings Inc.
   Corporate Credit Rating            B/Stable/--

  Issue Level Ratings Raised; Recovery Rating Revised
                                      To                 From
  Chassix Inc.
   Senior Secured
    $225 mil term bank ln due 2024    B+                 B
     Recovery Rating                  2(75%)             3(60%)


UNI-PIXEL INC: Seeks Approval of Key Employee Incentive Plan
------------------------------------------------------------
BankruptcyData.com reported that Uni-Pixel Inc. filed with the U.S.
Bankruptcy Court a motion for an order authorizing the Debtors to
establish and administer a key employee incentive program (KEIP).
The KEIP motion explains, "The KEIP is necessary to incentivize
critical personnel to continue to perform at a high level, without
distraction, while assuming additional roles and performing
services beyond the duties required by their former positions, in
order to maintain and maximize the value of the Debtors' assets for
the benefit of creditors of the bankruptcy estates.  The three
people included in the KEIP are Jeff Hawthorne (former CEO),
Christine Russell (former CFO) and Jalil Shaikh (former COO). The
KEIP is an incentive-based compensation program premised on the
consummation of the sale of the Debtors' assets and/ or collection
of additional amounts from accounts receivable or insurance.
Former Management comprises the proposed participants in the KEIP.
The KEIP Participants are invaluable and must remain involved and
fully engaged in the sale process because the required work did not
stop with the execution of the asset purchase agreement.  The three
KEIP Participants have undertaken all of the management
responsibilities of a company in a Chapter 11 reorganization.  They
have undertaken efforts to secure all of the Debtors' assets,
respond to requests from creditors, and reach out to prospective
purchasers to solicit offers to purchase the Debtors' assets.  The
three KEIP Participants will share in an Incentive Pool equal to
15% of the cash and cash equivalents actually received by the
estate from a sale of the Debtors' assets. Distributable Proceeds
will not include deferred, contingent, escrowed or other
consideration not paid in cash as of the Transaction Date.  KEIP
Participants will also be entitled to 15% of accounts receivable
that are collected and any amounts paid pursuant to foreign
accounts receivable insurance (if accounts receivable are not
collectable).  The Incentive Pool will be allocated evenly between
the three KEIP Participants.  In order to receive payments from the
Incentive Pool, the KEIP Participants will be required to sign a
general release of all claims against the Company, including
administrative claims for service to the estate."

                      About Uni-Pixel Inc.

The Woodlands, Tex.-based Uni-Pixel, Inc. --
http://www.unipixel.com-- develops and markets metal mesh  
capacitive touch sensors for the touch-screen and flexible displays
markets.  The Company's roll-to-roll electronics manufacturing
process patterns fine line conductive elements on thin films.  The
Company markets its technologies for touch panel sensor, cover
glass replacement, and protective cover film applications under the
XTouch and Diamond Guard brands.

Uni-Pixel, Inc., and its subsidiary Uni-Pixel Displays, Inc., filed
Chapter 11 petitions (Bankr. N.D. Cal. Case Nos. 17-52100 and Case
No. 17-52101) on Aug. 30, 2017.

The Debtors tapped Scott H. McNutt, Esq., at McNutt Law Group LLP,
as bankruptcy counsel; and Crowell & Moring LLP, as special
counsel.

The Official Committee of Unsecured Creditors in the Debtors' cases
is represented by John William Lucas of Pachulski Stang Ziehl and
Jones LLP.


UNIQUE VENTURES: Creditors' Committee Files Plan to Sell Assets
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Unique Ventures
Group, LLC, filed with the U.S. Bankruptcy Court for the Western
District of Pennsylvania a disclosure statement dated Oct. 25,
2017, referring to the plan of reorganization it proposed for the
Debtor.

Class 4 General Unsecured Claims -- estimated at $3.6 million --
are impaired by the Plan.  Estimated recovery under the Plan is yet
to be determined.  Holders of Allowed Class 4 Claims will receive a
ratable share of any and all proceeds derived from the sale and
excluded assets, including, without limitation, causes of action,
after payment of all allowed claims having greater priority
pursuant to the priority provisions of the U.S. Bankruptcy Code.
  
The Plan is structured around the sale of substantially all of the
Debtor's assets, potentially following an auction at which the
Debtor’s Assets will be sold, subject to higher and better offers
(if the offers are made).

The Debtor has scheduled assets having a stated aggregate value of
at least $3,377,044.38.  Certain assets are believed to have value
but listed as having an "unknown" value, including a promissory
note due from the purchase of assets of Damon's Restaurants.  The
Debtor does not own the vast majority of the real property on which
it operates.

It is contemplated that the Debtor will sell substantially all of
its assets, excluding, among other things, the promissory note
relating to Damon's Restaurants, Avoidance Actions, related
insurance rights and other assets.  The assets excluded from the
sale will ultimately be reduced to monetary sums and distributed to
holders of allowed claims in accordance with the priority
provisions of the U.S. Bankruptcy Code.

Tentatively, and subject to the outcome of an auction, the Plan
provides for the sale of substantially all of the Debtor's assets
to 5171 Campbell Land Co. LLC or its assignee as set forth in the
Campbell APA.  Campbell has proposed to purchase the Acquired
Assets, including, without limitation, all assets in and related to
the Debtor's 28 PERKINSR RESTAURANTS locations as well as any and
all of the Debtor's interests in CBK Futures, Inc.  The Sale
consideration being offered by Campbell at the time of the filing
of the Plan is an amount equal to $26.245 million, of which an
estimated $21 million will be allocated to the sale/purchase of the
Spirit Agreements and real property.  The balance of the Campbell
Purchase Price includes, cash, the payment of the aggregate amount
of Campbell Assumed Liabilities, the payment of Cure Claims, and
the Deferred Consideration Note (having a face amount of $2 million
and being payable over three years).  A sale to Campbell remains
contingent upon certain approvals by PERKINSR RESTAURANTS as well
as Spirit's agreement to sell the Real Property Designated for
Transfer to Campbell.  Proceeds from a Campbell Sale shall be
distributed in accordance with the priority provisions of the
Bankruptcy Code.

In the event a competing bidder (other than Campbell) is ultimately
determined by the Court to be the Purchaser, holders of allowed
claims and, if applicable, Equity Interests will be paid ratably
and in accordance with the priority provisions of the Bankruptcy
Code from the proceeds of the sale.

The Plan provides for payment in full of all administrative and
secured claims, subject to caps established in connection with
retained administrative expense claims (claims of professionals).
Holders of Allowed General Unsecured Claims will receive a
distribution of their ratable share from the available proceeds of
the sale, which would include the Deferred Consideration Note if
Campbell is the Purchaser.  Holders of Equity Interests will not
likely receive a distribution under the Plan absent the submission
of a higher and better offer that would pay holders of Allowed
General Unsecured Claims in full.  The claims of Insiders are
disputed claims.  All Equity Interests will be cancelled without
further action by the Debtor upon the Effective Date.

Following the closing on the sale, the Plan contemplates the
complete liquidation of those remaining assets (including the
excluded assets) by a Plan Administrator to be appointed pursuant
to the Plan.  The Plan Administrator will be responsible for making
distributions to holders of allowed claims, as well as all other
administrative tasks necessary for ultimate resolution of the
Chapter 11 case, pursuant to the terms of the Plan and the Plan
Administrator Agreement.  The Plan Administrator will also be
responsible for assessing and authorizing the filing of causes of
action, which may yield additional funds for the payment of Allowed
Administrative Expense Claims and other Allowed Claims in
accordance with the priority provisions of the Bankruptcy Code.
Distributions otherwise allocable on account of disputed claims
will be placed in a disputed claims reserve pending adjudication of
the disputed claims.  Upon the resolution of all disputed claims
and upon the distribution of all proceeds derived from the Debtor's
assets, the Debtor will be wound down and the Chapter 11 case will
be closed.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/pawb17-20526-711.pdf

                      About Unique Ventures

Unique Ventures Group, LLC, based in Pittsburgh, Pennsylvania,
filed a Chapter 11 petition (Bankr. W.D. Pa. Case No. 17-20526) on
Feb. 13, 2017.  Unique Ventures owns 28 Perkins Restaurant & Bakery
locations in Pennsylvania and Ohio.  Unique may have an interest in
10 Burger Kings, all in Ohio, through a related entity, according
to a Pittsburgh Business Times report.

The petition was signed by Eric E. Bononi, receiver, CEO and CRO.

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

The Hon. Thomas P. Agresti presides over the Chapter 11 case.  

Unique Ventures hired Leech Tishman Fuscaldo & Lampl, LLC, and
RudovLaw as counsel.  It also hired Scott M. Hare, Attorney at Law,
to provide legal advice on litigation-related issues.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on March 2, 2017,
appointed seven creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of Unique Ventures
Group, LLC.  The Committee hired Whiteford Taylor & Preston, as
counsel, and Albert's Capital Services, LLC, as financial advisor.

The Acting United States Trustee appointed M. Colette Gibbons,
Esq., as the Chapter 11 Trustee for Unique Ventures Group.  The
Trustee is represented by Scott N. Opincar, Esq., and Michael J.
Kaczka, Esq., at McDonald Hopkins, LLC.


UNITED AIRLINES: Term Loan Repricing No Impact on Fitch 'BB' IDR
----------------------------------------------------------------
Fitch Ratings does not expect the planned re-pricing of United
Airlines, Inc.'s senior secured term loan B, due in April 2024, to
impact the ratings of the company or the loan. United's Long-Term
Issuer Default Rating (IDR) is 'BB'/Outlook Stable. Fitch rates the
term loan 'BB+/RR1'.

United is in the process of re-pricing its existing $1.5 billion
term loan B due in 2024. The facility is secured by slots and
routes related to United's service to London Heathrow, China, Hong
Kong, and Japan, as well as domestic slots at LaGuardia and
Washington Reagan. The re-pricing will not affect the key
provisions, the collateral, or the maturity of the loan

The 'BB+/RR1' rating on the term loan is based on Fitch's recovery
analysis, which reflects a scenario in which a distressed
enterprise value is allocated to the various debt classes in a
going-concern scenario. The 'RR1' Recovery Rating reflects Fitch's
belief that secured creditors would receive superior recovery based
on an estimate of United's distressed enterprise value. In a
going-concern scenario (which Fitch considers the most likely),
recovery values are supported by the underlying collateral's
importance to United.

Fitch affirmed United's Long-Term IDR at 'BB' in September 2017.
The affirmation reflected financial performance that marginally
underperformed Fitch's expectations over the past year, and Fitch's
forecast that credit metrics are likely to deteriorate marginally
in the short term before improving beyond 2017. Weaker metrics
reflect higher operating costs, fuel expenses, and a soft
unit-revenue environment. Nevertheless, Fitch's expectations for
medium-term adjusted leverage metrics in the mid-to-high-3x range,
EBITDAR margins sustained around 20%, and prospects for improving
FCF all support the 'BB' rating. Fitch believes that United's
ratings could move higher over the longer term should it improve
operating margins compared to peers, demonstrate consistently
positive FCF and maintain adjusted debt/EBITDAR in the low 3x
range.

Fitch currently rates United as follows:

United Continental Holdings, Inc.

-- IDR 'BB'
-- Senior unsecured rating 'BB/RR4'.

United Airlines, Inc.

-- IDR at 'BB'
-- Secured bank credit facility 'BB+/RR1'.


VASARI LLC: U.S. Trustee Forms Three-Member Committee
-----------------------------------------------------
William T. Neary, the U.S. Trustee for the Northern District of
Texas, on Nov. 9 appointed three creditors to serve on the official
committee of unsecured creditors in the Chapter case of Vasari,
LLC.

The committee members are:

     (1) Southcrest Consulting, Inc.
         c/o Seth Bassingthwaite
         558 Silicon Drive, Suite 102
         Southlake, Texas 76092
         Tel: (214) 493-8375
         E-mail: SBD@southcrest-us.com

     (2) Ware Seagraves Assoc., LLC
         c/o Robert Ware
         P.O. Box 216
         Clio, California 96106
         Tel: (530) 836-2530
         E-mail: Rware224F@gmail.com

     (3) Wilport, LLC
         c/o Deborah M. Tuttle
         105 Front Street
         Beaufort, North Carolina 28516
         Tel: (520) 603-1556
         E-mail: Tuttlenc@aol.com

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 Vasari, LLC

Fort Worth, Texas-based Vasari, LLC -- http://www.vasarillc.com/--
is a franchisee of the Dairy Queen restaurant with 70 locations in
Texas, Oklahoma, and New Mexico.  The Dairy Queen restaurants serve
a normal fast-food menu featuring burgers, French fries, salads and
grilled and crispy chicken in addition to frozen treats and hot
dogs.

Roundtable Corporation, Food Service Holdings, Ltd. ("FSH"), and
Concert Management, Ltd., Vasari's predecessors-in-interest to
several of the DQ locations, sought bankruptcy protection (Bankr.
E.D. Tex. Lead Case NO. 12-40510) in March 2012.  In June 28, 2012,
Vasari at the time owned by other individuals and entities
unrelated to the current owner, acquired the assets of Roundtable,
et al., including 71 DQ franchises, in exchange for $10,500,000.

After operating Vasari for approximately 18 months, EMP Vasari
Holding, LLC entered into that certain membership Interests
Purchase Agreement dated December 2015, purchasing 100% of the
equity of Vasari from the prior owners. Since that date, Vasari
sold 4, closed 5, relocated 1, and opened 6 stores.

Vasari, LLC, sought Chapter 11 protection (Bankr. N.D. Tex. Case
No. 17-44346) on Oct. 30, 2017, with plans to close 29 locations.

The Hon. Mark X. Mullin is the case judge.

Husch Blackwell LLP is the Debtor's counsel.  The Advantage Group
Enterprise, Inc., is the auctioneer.  Donlin, Recano & Company,
Inc., is the claims agent.

The Debtor estimated assets and debt of $10 million to $50 million.


VERTEX ENERGY: Reports $3.8 Million Net Loss for Third Quarter
--------------------------------------------------------------
Vertex Energy, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
available to common shareholders of $3.82 million on $32.47 million
of revenues for the three months ended Sept. 30, 2017, compared to
a net loss available to common shareholders of $1.04 million on
$28.46 million of revenues for the three months ended Sept. 30,
2016.

For the nine months ended Sept. 30, 2017, Vertex Energy reported a
net loss available to common shareholders of $10.57 million on
$104.15 million of revenues compared to a net loss available to
common shareholders of $9.54 million on $67.02 million of revenues
for the same period during the prior year.

Vertex Energy reported a net loss of $3.95 million for the year
ended Dec. 31, 2016, a net loss of $22.51 million for the year
ended Dec. 31, 2015, and a net loss of $5.87 million in 2014.

As of Sept. 30, 2017, Vertex Energy had $82.28 million in total
assets, $30.90 million in total liabilities, $22.09 million in
temporary equity, and $29.29 million in total equity.  The decrease
in total assets from $86.98 million at Dec. 31, 2016, was mainly
due to depreciation and amortization expense, and cash used in
operations.

The Company had working capital of $1,120,492 as of Sept. 30, 2017,
compared to a working capital deficit of $1,268,192 as of Dec. 31,
2016.
    
"Our future operating cash flows will vary based on a number of
factors, many of which are beyond our control, including commodity
prices, the cost of recovered oil, and the ability to turn our
inventory," the Company said in the Form 10-Q report.  "Other
factors that have affected and are expected to continue to affect
earnings and cash flow are transportation, processing, and storage
costs.  Over the long term, our operating cash flows will also be
impacted by our ability to effectively manage our administrative
and operating costs.  Additionally, we may incur capital
expenditures related to new TCEP facilities in the future, in the
event oil prices increase to a point necessary to make TCEP
economically feasible and we determine, funding permitted, to
construct additional TCEP facilities."

Benjamin P. Cowart, chairman and CEO of Vertex Energy, stated, "Our
overall business operations remained open during the quarter
despite the limited activity due to hurricanes Harvey and Irma. Our
Heartland facility, which is located in Columbus, Ohio, and our
Marrero facility, located in Marrero, Louisiana, were safe from the
storms."

Mr. Cowart added, "Despite the impact of the storms on our third
quarter financial results, we are pleased with the overall state of
our business.  We are encouraged by our progress in achieving our
objectives for 2017.  Our goals are to penetrate the marine fuel
markets, build a high-purity base oil network through our Group III
base oil import business, and grow our collections volumes.  In
addition, we are focused on monetizing our Myrtle Grove facility.
We are encouraged by the progress of these initiatives this year,
and believe that our business is well positioned."

Mr. Cowart concluded, "As for our financial targets for 2017, we
expect our revenues will be between $138 million and $140 million,
gross profit will be between $21 million and $22 million, and gross
profit margins between 14% and 15% percent for the year ended
December 31, 2017.  We believe our business is strong and will
continue to improve."

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

                     https://is.gd/0DetKp

                      About Vertex Energy

Vertex Energy, Inc. (VTNR) -- http://www.vertexenergy.com/-- is a
specialty refiner and marketer of hydrocarbon products.  The
Company's business divisions include aggregation and transportation
of refinery feedstocks such as used motor oil and other petroleum
and chemical co-products to produce and commercialize a broad range
of high purity intermediate and finished products such as fuel
oils, marine grade distillates and high purity base oils used for
lubrication.  Vertex operates on a regional model with strategic
hubs located in key geographic areas in the United States.  With
its headquarters in Houston, Texas, Vertex Energy's processing
operations are located in Houston and Port Arthur (TX), Marrero
(LA), and Columbus (OH).


VIDANGEL INC: Hires Durham Jones & Pinegar as Special Counsel
-------------------------------------------------------------
VidAngel, Inc., seeks authority from the U.S. Bankruptcy Court for
the District of Utah to employ the law firm of Durham Jones &
Pinegar as special counsel to represent the Debtor with respect
to:

     -- a copyright lawsuit and related proceedings (United States
District Court, for the District of Utah, Central Division, case
no. 2:17-cv-00989); and

     -- a patent lawsuit and related proceedings (United States
District Court, for the District of Utah, Central Division, case
no. 2:14-cv-00160).

Those lawsuits have been pending as of the bankruptcy petition
date.  As of the Petition Date, the firm was representing the
Debtor in both lawsuits.

Clinton E. Duke attests that Durham Jones does not hold or
represent any interest adverse to the Debtor or the bankruptcy
estate with respect to the matters in which it will be employed as
special counsel and does not have any other connection with parties
in interest.

As of the Petition Date, the Debtor owed Durham Jones $1,664.00 for
legal services and $125.00 for expenses related to the Copyright
Lawsuit, and $14,979.00 for legal services and $93.10 for expenses
related to the Patent Lawsuit.  The Debtor will compensate Durham
Jones on an hourly basis for the services provided to the estate.

The Counsel can be reached through:

     Clinton E. Duke, Esq.
     Durham Jones & Pinegar
     111 S. Main Street Suite 2400
     Salt Lake City, UT 84111
     Tel: 801-415-3000
     Fax: 801-415-3500

                       About VidAngel, Inc.

VidAngel is the market-leading entertainment platform empowering
users to filter language, nudity, violence, and other content from
movies and TV shows on modern streaming devices such as iOS,
Android, and Roku. The company's newly launched service empowers
users to filter via their Netflix, Amazon Prime, and HBO on Amazon
Prime accounts, as well as enjoy original content produced by
VidAngel Studios. Its signature original series, Dry Bar Comedy,
now features the world's largest collection of clean standup
comedy, earning rave reviews from fans nationwide.

VidAngel, Inc., based in Provo, Utah, filed a Chapter 11 petition
(Bankr. D. Utah Case No. 17-29073) on October 18, 2017. The Hon.
Kevin R. Anderson presides over the case.  J. Thomas Beckett, Esq.,
at Parsons Behle & Latimer, serves as its bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Neal
Harmon, its chief executive officer.


VIDANGEL INC: Hires Tanner LLC as Auditor and Advisor
-----------------------------------------------------
VidAngel, Inc., seeks authority from the U.S. Bankruptcy Court for
the District of Utah to employ Tanner LLC as its auditor and
advisor.

The Debtor also needs the firm to prepare federal and state income
tax returns for the purposes of auditing the Debtor's 2017
financial statements, preparing the Debtor's 2017 federal and state
income tax returns and other similar services to keep the Debtor in
compliance with its disclosure obligations as an issuer with SEC
disclosure and reporting obligations and its income tax filing
obligations with the IRS.

Tanner's customary flat-fee structure are:

     a. $40,000 for audit services, due at the commencement of
work, comprised of:
        
        -- $36,000 for audit procedures
        -- $4,000 for review and comment on Form 1-K

     b. $3,500 for tax services, due at the commencement of work

Scott Robinson attests that Tanner has no direct or indirect
relationship to, connection with, or interest in the Debtor, any of
the Debtor's creditors, any other party in interest, any of their
respective attorneys and accountants, the United States Trustee, or
any person employed in the office of the United States Trustee.

The Advisor can be reached through:

     Scott Robinson
     Tanner LLC
     36 S. State St., Suite 600
     Salt Lake City, UT 84111
     Phone: (801) 532 7444
     Fax: (801) 532 4911
     Email: srobinson@tannerco.com

                      About VidAngel, Inc.

VidAngel is the market-leading entertainment platform empowering
users to filter language, nudity, violence, and other content from
movies and TV shows on modern streaming devices such as iOS,
Android, and Roku.  The company's newly launched service empowers
users to filter via their Netflix, Amazon Prime, and HBO on Amazon
Prime accounts, as well as enjoy original content produced by
VidAngel Studios.  Its signature original series, Dry Bar Comedy,
now features the world's largest collection of clean standup
comedy, earning rave reviews from fans nationwide.

VidAngel, Inc., based in Provo, Utah, filed a Chapter 11 petition
(Bankr. D. Utah Case No. 17-29073) on October 18, 2017. The Hon.
Kevin R. Anderson presides over the case.  J. Thomas Beckett, Esq.,
at Parsons Behle & Latimer, serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Neal
Harmon, its chief executive officer.


VIDANGEL INC: Taps Baker Marquart as Special Counsel
----------------------------------------------------
VidAngel, Inc. seeks approval from the U.S. Bankruptcy Court for
the District of Utah to retain Baker Marquart LLP as its special
counsel.

Baker Marquart will continue to represent the Debtor in a lawsuit
it filed against Sullivan Entertainment Group, Inc. (Case No.
17-00989) in the U.S. District Court for the District of Utah; and
a lawsuit (Case No. 16-04109) filed by Disney Enterprises, Inc.
against the Debtor in the U.S. District Court for the Central
District of California.  The firm will also advise the Debtor on
related matters, including intellectual property issues.

The firm's hourly rates range from $292.50 to $463.50 for its
attorneys, and from $157.50 to $243 for its staff.

Baker Marquart's hourly rates, with 10% discount applied, for those
anticipated to render services on this case are:

     Jaime Marquart     $463.50
     Ryan Baker         $463.50
     Scott Malzahn      $436.50
     Brian Grace        $292.50
     Tiffany Olson      $243.00
     Lisa Jung          $157.50  

The Debtor paid the firm a retainer in the sum of $70,000.

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

The firm can be reached through:

     Ryan G. Baker, Esq.
     Jaime Marquart, Esq.
     Scott M. Malzahn, Esq.
     Brian T. Grace, Esq.      
     Baker Marquart LLP
     2029 Century Park East, Sixteenth Floor
     Los Angeles, CA 90067
     Tel: (424) 652-7800
     Fax: (424) 652-7850
     Email: rbaker@bakermarquart.com
     Email: jmarquart@bakermarquart.com  
     Email: smalzahn@bakermarquart.com
     Email: bgrace@bakermarquart.com

                        About VidAngel Inc.

VidAngel is the market-leading entertainment platform empowering
users to filter language, nudity, violence, and other content from
movies and TV shows on modern streaming devices such as iOS,
Android, and Roku. The company's newly launched service empowers
users to filter via their Netflix, Amazon Prime, and HBO on Amazon
Prime accounts, as well as enjoy original content produced by
VidAngel Studios. Its signature original series, Dry Bar Comedy,
now features the world's largest collection of clean standup
comedy, earning rave reviews from fans nationwide.

VidAngel, Inc., based in Provo, Utah, filed a Chapter 11 petition
(Bankr. D. Utah Case No. 17-29073) on October 18, 2017. The Hon.
Kevin R. Anderson presides over the case.  J. Thomas Beckett, Esq.,
at Parsons Behle & Latimer, serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Neal
Harmon, its chief executive officer.


VITAMIN WORLD: Taps SSG Advisors as Investment Banker
-----------------------------------------------------
Vitamin World, Inc. seeks approval from the U.S. Bankruptcy Court
for the District of Delaware to hire SSG Advisors, LLC as its
investment banker.

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

     (a) assist the Debtors in compiling information of any
         necessary and appropriate documents related to the sale
         of all or part of their assets;  

     (b) contact potential buyers;

     (c) coordinate the execution of confidentiality agreements
         for potential buyers wishing to review the information
         memorandum;

     (d) assist the Debtors in coordinating site visits for
         interested buyers;

     (e) solicit offers from potential buyers;

     (f) assist the Debtors and their advisors in structuring the
         transaction and negotiating the agreements;

     (g) provide testimony in support of the sale transaction;
         and

     (h) assist Debtors, their attorneys and financial advisors,
         as necessary, through closing.

Upon the consummation of a sale transaction to the Debtors' equity
holder Centre Lane Partners, an affiliate or liquidator, SSG will
be entitled to a $300,000 fee, payable in cash, at -- and as a
condition of -- closing of the transaction.

If a sale transaction is consummated with a third party as a going
concern, then the sale fee will be $500,000.

In the event that a potential bidder executes a stalking horse
purchase agreement to acquire substantially all of the Debtors'
assets on or before Nov. 21, then the firm's sale fee will be
$300,000, unless a qualified third party overbid is submitted by
the bid deadline, in which case the fee will be $500,000.

In the event that the Debtors determine to terminate the sale
process and provide written notice to SSG by Dec. 7, and move to a
liquidation of their assets, then the sale fee will be $150,000.

J. Scott Victor, managing director of SSG, disclosed in a court
filing that his firm is a "disinterested person" as defined in
section 101(14) of the Bankruptcy Code.

SSG can be reached through:

     J. Scott Victor
     SSG Advisors, LLC
     Five Tower Bridge, Suite 420
     300 Barr Harbor Drive
     West Conshohocken, PA 19428
     Phone: (610) 940-1094
     Fax: (610) 940-3875

                        About Vitamin World

Vitamin World Inc., VWRE Holdings, Inc. ("RE Holdings") and other
related entities sought Chapter 11 protection (Bankr. D. Del. Lead
Case No. 17-11933) on Sept. 11, 2017.

Headquartered in Holbrook, New York, Vitamin World is a specialty
retailer in the vitamins, minerals, herbs and supplements market.
The Company offers customers products across all major VMHS and
sports nutrition categories, including, supplements, active
nutrition, multiples, letter vitamins, health and beauty, herbs,
minerals, food and specialty items.

When it filed for bankruptcy, Vitamin World was operating out of
four distribution centers located in Holbrook, New York; Sparks,
Nevada; Riverside, California; and Groveport, Ohio; and 334 retail
stores that are mostly located in malls and outlet centers across
the United States and its territories.  Products are also sold
online at http://www.vitaminworld.com/ The Company has 1,478
active employees.

Katten Muchin Rosenman LLP is the Debtors' bankruptcy counsel. Saul
Ewing Arnstein & Lehr LLP is the co-counsel. Retail Consulting
Services, Inc., is the Debtors' real estate advisors.  RAS
Management Advisors, LLC, is the financial advisor.  JND Corporate
Restructuring is the claims and noticing agent.

Vitamin World estimated assets of $50 million to $100 million and
debt of $10 million to $50 million.

An Official Committee of Unsecured Creditors has been appointed in
the case.  The Committee retained Lowenstein Sandler LLP as lead
counsel; and Whiteford, Taylor & Preston LLC as Delaware counsel.


WEIGHT WATCHERS: S&P Rates New 1st Lien Facilities 'B'
------------------------------------------------------
S&P Global Ratings assigned its 'B' issue-level rating to the
Weight Watchers International Inc.'s proposed first-lien credit
facility (including a $150 million revolving credit facility due in
2022 and a $1.39 billion term loan B due in 2024). The recovery
rating is '3', indicating S&P's expectation of meaningful (50%-70%,
rounded estimate: 65%) recovery in the event of a payment default.
The company intends to use the proceeds from this issuance and a
future issuance to refinance its existing $2.1 billion term loan B
due 2020 ($1.9 billion outstanding) and its $50 million revolving
facility due 2018.

S&P said, "We expect to withdraw our 'B' issue-level and '3'
recovery rating on the company's existing first-lien credit
facility following the completion of the transaction, as we expect
this credit facility to be repaid in full at that time.

"The offering will be leverage neutral, and Weight Watchers will
have roughly $1.9 billion in reported debt outstanding. We expect
the company will end 2017 with leverage around 6x and declining to
mid-5x by the end of 2018 as a result of another successful winter
recruiting season and continued improving membership retention
rates.  

"Our ratings on Weight Watchers also reflects the company's
participation in the highly competitive and fast evolving
weight-loss management and nutrition industry. However, we expect
this industry to continue to grow as obesity rates rise worldwide
and across socioeconomic groups. Moreover, consumers are becoming
more health conscious with a renewed focus on holistic diet and
exercise, driving up spending in this category.  

RECOVERY ANALYSIS:

Simulated Default Assumptions:

-- Simulated year of default: 2020
-- Debt service assumptions: $139 million (assumed default year
interest plus amortization)
-- Minimum capital expenditure (capex) assumptions: $12.7 million
-- Cyclical Adjustment: 5%
-- Operational Adjustment: 20%
-- EBITDA at emergence: $191 million
-- EBITDA multiple: 6.0x
-- Gross enterprise value: $1,146 million

Simplified waterfall

-- Net enterprise value for waterfall after administrative
expenses (5%): $1,089 million
-- Obligors/non-obligor valuation split: 75%/25%
-- Estimated first-lien claim: $1,546 million
-- Value available for first-lien claim including deficiency
claims: $993.8 million
    --Recovery range: 50%-70% (rounded estimate: 65%)

For the full rating rationale, please see S&P's research update on
Weight Watchers published on Oct. 3, 2017.

  RATINGS LIST
  Weight Watchers International Inc.
   Corporate Credit Rating                B/Stable/--

  New Rating

  Weight Watchers International Inc.
   Senior Secured
    $150 mil. revolver due 2022           B
     Recovery Rating                      3(65%)
    $1.39 bil. term loan B due 2024       B
     Recovery Rating                      3(65%)


WESTERN EXPRESS: S&P Assigns B+ Corp. Credit Rating, Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings assigned its 'B+' corporate credit rating to
Western Express Inc. The outlook is stable.

S&P said, "At the same time, we assigned our 'B+' issue-level
rating and '3' recovery rating to the company's proposed $250
million senior secured term loan due 2024. The '3' recovery rating
indicates our expectation for meaningful recovery (50%-70%; rounded
estimate: 55%) in the event of a payment default.

"Our ratings on Western Express reflect the company's participation
in the highly fragmented, competitive, cyclical, and
capital-intensive trucking industry. The ratings also reflect the
company's narrow geographic focus as it predominantly operates in
locations east of the Mississippi River, with selected service to
the Western U.S. The company's above average profitability and
balanced service offering only partially offset these weaknesses.

"The stable outlook on Western Express reflects our belief that the
company's operating performance will gradually improve as the
pricing environment stabilizes in the truckload sector. We expect
the company to maintain a FOCF-to-debt ratio of more than 5%, which
is consistent with our expectations for the rating.

"Although unlikely over the next 12 months, we could lower our
rating on Western Express if operating performance deteriorates due
to loose capacity and pricing pressure in the truckload sector,
resulting in FFO to debt of less than 12% for a sustained period.

"Although unlikely over the next 12 months, we could raise our
rating on Western Express if the truckload sector experiences
significant freight demand growth and pricing improvement that
exceeds our expectations. Specifically, we could raise our ratings
on the company if it operates successfully while maintaining FFO to
debt above 30% and FOCF to debt above 15% on a sustained basis."


WESTMOUNTAIN GOLD: Files Third Amended Disclosure Statement
-----------------------------------------------------------
Judge Joseph G. Rosania, Jr., of the U.S. Bankruptcy Court for the
District of Colorado approved WestMountain Gold, Inc., and Terra
Gold Corporation's third amended disclosure statement, dated Oct.
26, 2017, in support of its proposed plan of reorganization.

At the Nov. 1 hearing approving the second disclosure statement,
the Court ordered the Debtors to file a Third Amended Disclosure
Statement incorporating the details of the Gordon Investment
Settlement by  Nov. 3, 2017.

Ballots accepting or rejecting the Plan must be submitted on or
before 5:00 p.m. on Dec. 12, 2017.

Any objection to confirmation of the Plan must be filed with the
Court and served on or before Dec. 12, 2017. Dec. 12, 2017, is
fixed as the last day for filing written acceptances or rejections
of the Plan.

A hearing for consideration of confirmation of the Plan and such
objections is set for Dec. 19, 2017, at 1:00 p.m. before Judge
Rosania in the U.S. Bankruptcy Court for the District of Colorado,
Courtroom B, U.S. Custom House, 721 19th Street, Denver, Colorado.

The Third Amended Plan provides for the reorganization of the
Debtors. Funding for the implementation of the Plan will be derived
primarily from the New Capital of approximately $3 to $4 million
and revenue derived from mining operations.

Class 3 consists of those unsecured creditors of WestMountain who
hold Allowed Claims and Class C consists of the unsecured creditors
of Terra. Classes 3 and C are provided with three options under the
terms of the Plan. Option 1 allows’ any allowed claimant to elect
to receive $.07 on account of each dollar of unsecured claim. The
distribution is to be made within 10 days of the Effective Date of
the Plan, a 7% recovery. Option 2 allows any allowed unsecured
creditor to receive the sum of $.12 on account of each dollar of
unsecured claim within one year of the Effective Date of the Plan,
a 12% recovery. Option 3 allows any allowed unsecured creditor to
elect to receive New Common Shares of WestMountain common stock at
the rate of . 15 shares for each dollar of allowed claim, or their
ratable share of a maximum amount of 1 1.3% of the New Common
Stock, if the dollars electing Option 3 are over-subscribed.

The three options may be made by any unsecured creditor with an
allowed claim and the options must be selected at the time ballots
are cast on Plan voting. Option 1 is a certainty since the Plan
will not be confirmed unless the New Capital is raised. Creditors
who desire certainty may choose to elect Option 1. Option 2 is
riskier since it provides for a greater cash payout over the course
of five years. Option 3 is the riskiest alternative though it
provides the greatest possible recovery, a conversion of debt to
equity. The Debtors selected the cash and stock payouts under the
Plan based on their own determination of what payments would be
feasible.

On Oct. 13, 2017, the Debtors filed their Motion for Approval of
Settlements by and between the Debtors, Gordon Investments
(Alaska), LLC, and BOCO Investments, LLC. The last day to object to
the Gordon Motion was set as Nov. 3, 2017. An extension of time for
objection was provided to the Creditors Committee and its members.
If any objection is filed, the Court's consideration of the Gordon
Motion will occur on Dec. 19, 2017, along with the confirmation
hearing. The Gordon Motion provides for two settlements to take
place and be implemented. The settlements are designed to resolve
Gordon's claims against BOCO and Gordon's claims against the
Debtors.

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

     http://bankrupt.com/misc/cob17-11527-284.pdf

                  About Westmountain Gold

Based in Fort Collins, Colorado, WestMountain Gold, Inc., is a
precious metals exploration company.  Its major project is known as
the Terra or TMC Project, which consists of a gold mining operation
in Alaska.

WestMountain Gold, Inc., and Terra Gold Corporation sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Colo.
Lead Case No. 17-11527) on March 1, 2017.  The petitions were
signed by Rick Bloom, authorized representative.  At the time of
the filing, the Debtors estimated their assets and debt at $1
million to $10 million.

Kutner Brinen, P.C., is serving as bankruptcy counsel to the
Debtors.  Holland & Hart LLP, Schwabe Williamson & Wyatt, P.C., and
Thrasher Worth LLC have been tapped as special counsel to the
Debtors.


WILLIAMS FINANCIAL: Hires Bridgepoint's Patterson as CRO
--------------------------------------------------------
Williams Financial Group, Inc., WFG Management Services, Inc., WFG
Advisors, LP ("WFGA"), and WFG Investments, Inc. ("WFGI") seek
approval from the U.S. Bankruptcy Court for the Northern District
of Texas to hire Bridgepoint as financial advisors and to designate
William R. Patterson as Chief Restructuring Officer to assist the
Debtors with their restructuring process.

Services to be provided by Bridgepoint are:

     a. assist the companies and its counsel with general matters
related to the Chapter 11 filings;

     b. assist the companies and counsel with preparation for
hearings, testimony, creditors meetings, and creation of supporting
exhibits and motions needed during pendency of the case;

     c. work with the Companies, and its other professionals, to
complete the Monthly Operating Reports required by the Office of
the United States Trustee, as well as any amendments to the
schedules of assets and liabilities or statement of financial
affairs, if necessary;

     d. review financial information pertaining to the Companies'
assets, liabilities, cash flows, financial statements, and
projections;

     e. work with the Companies and counsel to develop the
appropriate plan and disclosure statement documents, including a
liquidation analysis and estimation of creditor recoveries;

     f. assist the Companies with litigation support, as
appropriate;

     g. assist counsel and the Companies in communications and
negotiations with creditors;

     h. review financial information exchanged between the
Companies and its creditors, any regulatory agencies, consultants,
prospective investors and other third parties, as may be necessary
or appropriate; and

     i. perform other services as may be agreed by the parties.

The hourly billing rate for the CRO is $450 and $60 to $400 per
hour for additional personnel.  Bridgepoint has agreed to a blended
hourly rate of $400.

William R. Patterson, principal at Bridgepoint Consulting, attests
that Bridgestone and Patterson are disinterested as that term is
defined in section 101(14) of the Bankruptcy Code.

The Firm can be reached through:

     William R. Patterson
     Bridgepoint
     325 North Saint Paul Street, Suite 2550
     Dallas, TX 75201
     Phone: 214-269-7850
     Email: bpatterson@bridgepointconsulting.com

                About Williams Financial Group Inc.

Williams Financial Group, Inc. and its subsidiaries WFG Management
Services Inc., WFG Investments Inc. and WFG Advisors LP sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Tex. Case Nos. 17-33578 to 17-33581) on September 24, 2017.

At the time of the filing, Williams Financial Group disclosed that
it had estimated assets and liabilities of $1,000,001 to $10
million.

Judge Harlin Dewayne Hale presides over the cases.


WWLC INVESTMENT: Taps Real Estate Reformation as Real Estate Agent
------------------------------------------------------------------
WLC Investment, L.P. seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Texas to employ Real Estate Reformation
as real estate broker.

The Debtor owns real property located at 2901 W. 15th Street,
Plano, Texas 75075 in Collin County, which includes a commercial
retail building containing 27,280-square feet and parking lot more
fully described as Prairie Creek Estates #2, (CPL) Block B, Lot
12B.

To market the Real Property most effectively and thereby liquidate
the Real Property for the best and highest price, the Debtor has
chosen the assistance of John Williams of Real Estate Reformation.
The firm will be paid for its services at an agreed upon sales
commission of 2.50% of the sales price and 50% of any amount over a
$3,200,000 sales price, to be paid at closing.

John Williams attests that he and his firm are disinterested
persons within the meaning of 11 U.S.C. Sec. 101(14).

The Broker can be reached through:

     John Williams
     Real Estate Reformation
     8330 LBJ Freeway, #520
     Dallas, TX 75243
     Phone: (214) 960-6915
     Email: john@bludallas.com

                    About WWLC Investment L.P.

WWLC Investment, L.P. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Tex. Case No. 17-41913) on September
1, 2017.  Wendy Chen, an authorized representative, signed the
petition.

At the time of the filing, the Debtor disclosed that it had
estimated assets and liabilities of less than $50,000.

Judge Brenda T. Rhoades presides over the case.


ZIVKO KNEZOVIC: Icarus Buying Four Chicago Properties for $1.8M
---------------------------------------------------------------
Pamela S. Hollis of the U.S. Bankruptcy Court for the Northern
District of Illinois will convene a hearing on Nov. 30, 2017 at
10:00 a.m. to consider Zivko Knezovic's sale of his interests in
the real properties: (ii) 8100 South Loomis, Chicago, Illinois;
(ii) 1305 West 82nd Street, Chicago, Illinois; (iii) 7928 South
Morgan, Chicago, Illinois; and (iv) 1332 W. 82nd Street, Chicago,
to Icarus Investment Groups, LLC or its assignee for $1,776,000.

The South Loomis Property is a commercial property of a basement
and three floors with 12 residential units.  The 82nd Street
Property is a commercial property comprising of four floors with 12
residential units.  The Morgan Property is a commercial property
comprising of three floors with 11 residential units.  The 1332 W.
82nd Property is a commercial property of a basement and three
floors comprising 12 residential units.

The South Loomis Property, the 82nd Street Property and Morgan
Property are owned by Chicago Title Land Trust Co., under trust
agreement dated July 8, 2005, and known as trust number 1114552
("Land Trust").  The owners of the beneficial interests of the Land
Trust are the Debtor, Karlo Karacic and Boris Tomacic.

With respect to the 1332 W. 82 Property, title is held by 1332 W.
82 LLC, an Illinois Limited Liability Co.  The Debtor, Karacic and
Tomacic each own a one-third interest in 1332 W. 82 LLC.

The 1332 W. 82 Property is encumbered by a first mortgage
indebtedness owed to First Midwest Bank in the amount of
approximately $900,000.  This mortgage indebtedness is
cross-collateralized with First Midwest's interest in real estate
commonly known as 10443-45 S. Hales St., Chicago, IL, which is
owned by Hale Street Holdings, LLC, an Illinois limited liability
company co-owned equally by Tomacic, Karacic and the Debtor.  From
all indications, First Midwest will release the mortgage on
10443-45 S. Hales St., with none of the proceeds of the sale being
payable to First Midwest.

Urban Partnership Bank ("UPB"), as successor to ShoreBank, has a
first mortgage on the South Loomis Property, the 82nd Street
Property and Morgan Property pursuant to a mortgage was recorded
with the Recorder of Deeds of Cook County, Illinois on Sept. 6,
2005 as document number 0524942095.  On June 24, 2016, UPB filed a
Verified Complaint to Foreclose Mortgage and for Other Relief in
the Circuit Court of Cook County, Illinois, to initiate the action
against the Borrowers and the Land trust captioned as, Urban
Partnership Bank v. Zivko Knezovic, et al.  Through this action,
UPB was seeking to foreclose on the Morgan Property, 82nd Street
Property and the South Loomis Property and obtain judgments against
the Borrowers for any deficiencies existing after a judicial sale
of the properties.

Through the marketing efforts of Karacic, including networking and
communicating with licensed real estate brokers who market and sell
multifamily residential properties on the South Side of Chicago
since Sept. 16, 2013, the Borrowers have now successfully procured
a Real Estate Purchase Agreement for the purchase of the
Properties.

The Buyer is a disinterested third-party with no relationship or
affiliation to the Debtor or any of the Borrowers.  The Contract
provides that the Buyer will purchase the Properties for the
purchase price of $1,776,000.  Through the Motion, the Debtor is
asking the entry of an Order authorizing the Debtor to sell the
Properties free and clear of all liens, claims and encumbrances,
except for real estate taxes and sums due to the City of Chicago.

A copy of the Contract attached to the Motion is available for free
at:

    http://bankrupt.com/misc/Zivko_Knezovic_145_Sales.pdf

UPB's mortgage will be paid in full from the proceeds generated by
the sale of the Properties, and UPB's lien will attach to the
proceeds in same amount, extent and validity as its lien on the
Properties.

In the Debtor's business judgment, proposed sale of Property is in
the best interests of the estate and its creditors because a sale
will result in immediate release of funds to repay creditors and
vitiate the need of a extended repayment plan.

The Purchaser:

          David Pezzola, CEO
          ICARUS INVESTMENT GROUP, LLC
          641 Lexington Ave., #702
          New York, NY 10022
          Cellphone: (917) 993-2621

The Purchaser is represented by:

          Raya Bogard, Esq.
          BOGARD LAW FIRM
          479 N. Harlem, #617
          Oak Park, IL 60301
          Telephone: (708) 257-5143
          E-mail: rbogard@bogardlawfirm.com

Counsel for the Debtor:

          Ariel Weissberg, Esq.
          Devvrat Sinha, Esq.
          WEISSBERG AND ASSOCIATES, LTD.
          401 S. LaSalle St., Suite 403
          Chicago, IL 60605
          Telephone: (312) 663-0004
          E-mail: ariel@weissbergla

                      About Zivko Knezovic

Zivko Knezovic is engaged in the business of owning and managing
real properties.  Zivko Knezovic sought Chapter 11 protection
(Bankr. N.D. Ill. Case No. 16-29208) on Sept. 13, 2016.  The Debtor
tapped Ariel Weissberg, Esq., at Weissberg & Associates, Ltd., as
counsel.


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------

                                               Total
                                              Share-      Total
                                    Total   Holders'    Working
                                   Assets     Equity    Capital
  Company         Ticker             ($MM)      ($MM)      ($MM)
  -------         ------           ------   --------    -------
ABSOLUTE SOFTWRE  ALSWF US           98.3      (53.7)     (31.2)
ABSOLUTE SOFTWRE  OU1 GR             98.3      (53.7)     (31.2)
ABSOLUTE SOFTWRE  ABT CN             98.3      (53.7)     (31.2)
ABSOLUTE SOFTWRE  ABT2EUR EU         98.3      (53.7)     (31.2)
AGENUS INC        AJ81 GR           149.3      (51.6)      29.9
AGENUS INC        AGEN US           149.3      (51.6)      29.9
AGENUS INC        AGENEUR EU        149.3      (51.6)      29.9
AGENUS INC        AJ81 TH           149.3      (51.6)      29.9
AGENUS INC        AJ81 QT           149.3      (51.6)      29.9
AIMIA INC         AIM CN          4,260.0      (20.8)  (1,176.3)
AMER RESTAUR-LP   ICTPU US           33.5       (4.0)      (6.2)
ASPEN TECHNOLOGY  AZPN US           202.7     (267.5)    (327.7)
ASPEN TECHNOLOGY  AST GR            202.7     (267.5)    (327.7)
ASPEN TECHNOLOGY  AST TH            202.7     (267.5)    (327.7)
ASPEN TECHNOLOGY  AZPNEUR EU        202.7     (267.5)    (327.7)
ATLATSA RESOURCE  ATL SJ            206.6     (143.8)     (98.3)
AUTOZONE INC      AZO US          9,259.8   (1,428.4)    (155.0)
AUTOZONE INC      AZ5 TH          9,259.8   (1,428.4)    (155.0)
AUTOZONE INC      AZ5 GR          9,259.8   (1,428.4)    (155.0)
AUTOZONE INC      AZOEUR EU       9,259.8   (1,428.4)    (155.0)
AUTOZONE INC      AZ5 QT          9,259.8   (1,428.4)    (155.0)
AVEO PHARMACEUTI  AVEO US            41.7      (44.6)      23.7
AVID TECHNOLOGY   AVID US           225.3     (270.4)     (78.0)
AVID TECHNOLOGY   AVD GR            225.3     (270.4)     (78.0)
AXIM BIOTECHNOLO  AXIM US             4.4       (3.4)      (0.6)
BENEFITFOCUS INC  BNFT US           171.2      (37.0)       7.0
BENEFITFOCUS INC  BTF GR            171.2      (37.0)       7.0
BLUE BIRD CORP    BLBD US           366.8      (59.6)      32.8
BLUE RIDGE MOUNT  BRMR US         1,060.2     (212.5)     (62.4)
BOMBARDIER INC-A  BBD/A CN       23,709.0   (3,623.0)     103.0
BOMBARDIER INC-B  BBD/B CN       23,709.0   (3,623.0)     103.0
BOMBARDIER INC-B  BBDBN MM       23,709.0   (3,623.0)     103.0
BOMBARDIER-B OLD  BBDYB BB       23,709.0   (3,623.0)     103.0
BOMBARDIER-B W/I  BBD/W CN       23,709.0   (3,623.0)     103.0
BRINKER INTL      EAT US          1,368.6     (539.0)    (273.5)
BRINKER INTL      BKJ GR          1,368.6     (539.0)    (273.5)
BRINKER INTL      EAT2EUR EU      1,368.6     (539.0)    (273.5)
BROOKFIELD REAL   BRE CN             95.0      (31.1)       3.0
BRP INC/CA-SUB V  DOO CN          2,252.0      (93.4)     (42.8)
BRP INC/CA-SUB V  B15A GR         2,252.0      (93.4)     (42.8)
BRP INC/CA-SUB V  BRPIF US        2,252.0      (93.4)     (42.8)
BUFFALO COAL COR  BUC SJ             49.8      (22.9)     (20.1)
BURLINGTON STORE  BURL US         2,611.8      (95.9)      25.2
BURLINGTON STORE  BUI GR          2,611.8      (95.9)      25.2
BURLINGTON STORE  BURL* MM        2,611.8      (95.9)      25.2
CADIZ INC         CDZI US            68.9      (76.3)       7.6
CADIZ INC         2ZC GR             68.9      (76.3)       7.6
CAESARS ENTERTAI  CZR US         14,353.0   (3,815.0)  (5,099.0)
CAESARS ENTERTAI  C08 GR         14,353.0   (3,815.0)  (5,099.0)
CAESARS ENTERTAI  CZREUR EU      14,353.0   (3,815.0)  (5,099.0)
CALIFORNIA RESOU  CRC US          6,183.0     (574.0)    (294.0)
CALIFORNIA RESOU  1CLB GR         6,183.0     (574.0)    (294.0)
CALIFORNIA RESOU  CRCEUR EU       6,183.0     (574.0)    (294.0)
CALIFORNIA RESOU  1CL TH          6,183.0     (574.0)    (294.0)
CAMBIUM LEARNING  ABCD US           126.5      (52.1)     (63.7)
CAREDX INC        CDNA US            75.1       (0.2)     (14.0)
CASELLA WASTE     WA3 GR            592.4      (60.5)      (1.4)
CASELLA WASTE     CWST US           592.4      (60.5)      (1.4)
CASELLA WASTE     WA3 TH            592.4      (60.5)      (1.4)
CASELLA WASTE     CWSTEUR EU        592.4      (60.5)      (1.4)
CHENIERE EN PART  CQH US              0.8       (0.1)      (0.1)
CHENIERE EN PART  CE4 GR              0.8       (0.1)      (0.1)
CHESAPEAKE ENERG  CHK US         11,981.0     (704.0)  (1,040.0)
CHESAPEAKE ENERG  CS1 GR         11,981.0     (704.0)  (1,040.0)
CHESAPEAKE ENERG  CS1 TH         11,981.0     (704.0)  (1,040.0)
CHESAPEAKE ENERG  CHK* MM        11,981.0     (704.0)  (1,040.0)
CHESAPEAKE ENERG  CS1 QT         11,981.0     (704.0)  (1,040.0)
CHESAPEAKE ENERG  CHKEUR EU      11,981.0     (704.0)  (1,040.0)
CHOICE HOTELS     CZH GR            961.2     (200.4)     182.3
CHOICE HOTELS     CHH US            961.2     (200.4)     182.3
CINCINNATI BELL   CBB US          1,457.3     (133.5)       5.1
CINCINNATI BELL   CIB1 GR         1,457.3     (133.5)       5.1
CINCINNATI BELL   CBBEUR EU       1,457.3     (133.5)       5.1
CLEAR CHANNEL-A   C7C GR          5,580.5   (1,284.2)     337.6
CLEAR CHANNEL-A   CCO US          5,580.5   (1,284.2)     337.6
CLEMENTIA PHARMA  CMTA US            40.0     (212.6)      32.1
CLEVELAND-CLIFFS  CVA GR          1,923.3     (833.1)     373.6
CLEVELAND-CLIFFS  CVA TH          1,923.3     (833.1)     373.6
CLEVELAND-CLIFFS  CLF US          1,923.3     (833.1)     373.6
CLEVELAND-CLIFFS  CLF* MM         1,923.3     (833.1)     373.6
CLEVELAND-CLIFFS  CVA QT          1,923.3     (833.1)     373.6
CLEVELAND-CLIFFS  CLF2EUR EU      1,923.3     (833.1)     373.6
COGENT COMMUNICA  CCOI US           729.9      (80.1)     236.8
COGENT COMMUNICA  OGM1 GR           729.9      (80.1)     236.8
DELEK LOGISTICS   DKL US            422.9      (25.8)       5.5
DELEK LOGISTICS   D6L GR            422.9      (25.8)       5.5
DENNY'S CORP      DE8 GR            309.2      (97.6)     (45.4)
DENNY'S CORP      DENN US           309.2      (97.6)     (45.4)
DINEEQUITY INC    DIN US          1,641.2     (216.7)      79.9
DINEEQUITY INC    IHP GR          1,641.2     (216.7)      79.9
DOLLARAMA INC     DOL CN          1,891.4      (59.4)     291.2
DOLLARAMA INC     DLMAF US        1,891.4      (59.4)     291.2
DOLLARAMA INC     DR3 GR          1,891.4      (59.4)     291.2
DOLLARAMA INC     DOLEUR EU       1,891.4      (59.4)     291.2
DOLLARAMA INC     DR3 TH          1,891.4      (59.4)     291.2
DOLLARAMA INC     DR3 QT          1,891.4      (59.4)     291.2
DOMINO'S PIZZA    EZV TH            816.2   (2,765.3)     194.1
DOMINO'S PIZZA    EZV GR            816.2   (2,765.3)     194.1
DOMINO'S PIZZA    DPZ US            816.2   (2,765.3)     194.1
DUN & BRADSTREET  DB5 GR          2,301.0     (857.3)     (71.7)
DUN & BRADSTREET  DB5 TH          2,301.0     (857.3)     (71.7)
DUN & BRADSTREET  DNB US          2,301.0     (857.3)     (71.7)
DUN & BRADSTREET  DNB1EUR EU      2,301.0     (857.3)     (71.7)
DUNKIN' BRANDS G  2DB GR          3,139.3     (174.1)     157.8
DUNKIN' BRANDS G  DNKN US         3,139.3     (174.1)     157.8
DUNKIN' BRANDS G  2DB TH          3,139.3     (174.1)     157.8
DUNKIN' BRANDS G  2DB QT          3,139.3     (174.1)     157.8
DUNKIN' BRANDS G  DNKNEUR EU      3,139.3     (174.1)     157.8
ERIN ENERGY CORP  ERN SJ            229.5     (359.3)    (310.8)
EVERI HOLDINGS I  EVRI US         1,425.6     (123.8)      (5.1)
EVERI HOLDINGS I  G2C TH          1,425.6     (123.8)      (5.1)
EVERI HOLDINGS I  G2C GR          1,425.6     (123.8)      (5.1)
EVERI HOLDINGS I  EVRIEUR EU      1,425.6     (123.8)      (5.1)
FERRELLGAS-LP     FEG GR          1,610.0     (757.5)     (43.8)
FERRELLGAS-LP     FGP US          1,610.0     (757.5)     (43.8)
FIFTH STREET ASS  FSAM US           189.2       (8.9)       -
FIFTH STREET ASS  7FS TH            189.2       (8.9)       -
FORESCOUT TECHNO  FSCT US           140.7      (63.1)     (20.4)
FORESCOUT TECHNO  F1O GR            140.7      (63.1)     (20.4)
FORESCOUT TECHNO  FSCTEUR EU        140.7      (63.1)     (20.4)
FORESCOUT TECHNO  F1O QT            140.7      (63.1)     (20.4)
GAMCO INVESTO-A   GBL US            231.0     (104.5)       -
GEN COMM-A        GC1 GR          2,063.3       (2.7)      45.3
GEN COMM-A        GNCMA US        2,063.3       (2.7)      45.3
GEN COMM-A        GNCMAEUR EU     2,063.3       (2.7)      45.3
GEN COMM-B        GNCMB US        2,063.3       (2.7)      45.3
GNC HOLDINGS INC  IGN GR          1,969.0      (24.7)     441.6
GNC HOLDINGS INC  GNC US          1,969.0      (24.7)     441.6
GNC HOLDINGS INC  IGN TH          1,969.0      (24.7)     441.6
GNC HOLDINGS INC  GNC1EUR EU      1,969.0      (24.7)     441.6
GNC HOLDINGS INC  GNC* MM         1,969.0      (24.7)     441.6
GOGO INC          GOGO US         1,362.9     (155.5)     322.8
GOGO INC          G0G GR          1,362.9     (155.5)     322.8
GREEN PLAINS PAR  GPP US             92.8      (64.3)       5.0
GREEN PLAINS PAR  8GP GR             92.8      (64.3)       5.0
GT BIOPHARMA INC  GTBP US             0.0      (20.1)     (20.1)
GT BIOPHARMA INC  GTBP FP             0.0      (20.1)     (20.1)
GT BIOPHARMA INC  OXISEUR EU          0.0      (20.1)     (20.1)
H&R BLOCK INC     HRB US          2,132.2     (214.3)     271.4
H&R BLOCK INC     HRB GR          2,132.2     (214.3)     271.4
H&R BLOCK INC     HRB TH          2,132.2     (214.3)     271.4
H&R BLOCK INC     HRBEUR EU       2,132.2     (214.3)     271.4
HCA HEALTHCARE I  2BH GR         35,731.0   (5,066.0)   3,837.0
HCA HEALTHCARE I  HCA US         35,731.0   (5,066.0)   3,837.0
HCA HEALTHCARE I  2BH TH         35,731.0   (5,066.0)   3,837.0
HCA HEALTHCARE I  2BH QT         35,731.0   (5,066.0)   3,837.0
HCA HEALTHCARE I  HCAEUR EU      35,731.0   (5,066.0)   3,837.0
HEWLETT-CEDEAR    HPQ AR         31,934.0   (4,339.0)    (617.0)
HORTONWORKS INC   HDP US            211.4      (51.1)     (31.0)
HORTONWORKS INC   14K GR            211.4      (51.1)     (31.0)
HORTONWORKS INC   14K QT            211.4      (51.1)     (31.0)
HORTONWORKS INC   HDPEUR EU         211.4      (51.1)     (31.0)
HOVNANIAN-A-WI    HOV-W US        1,822.3     (471.2)   1,077.8
HP COMPANY-BDR    HPQB34 BZ      31,934.0   (4,339.0)    (617.0)
HP INC            HPQ* MM        31,934.0   (4,339.0)    (617.0)
HP INC            HPQ US         31,934.0   (4,339.0)    (617.0)
HP INC            7HP TH         31,934.0   (4,339.0)    (617.0)
HP INC            7HP GR         31,934.0   (4,339.0)    (617.0)
HP INC            HPQ TE         31,934.0   (4,339.0)    (617.0)
HP INC            HPQ CI         31,934.0   (4,339.0)    (617.0)
HP INC            HPQ SW         31,934.0   (4,339.0)    (617.0)
HP INC            HWP QT         31,934.0   (4,339.0)    (617.0)
HP INC            HPQCHF EU      31,934.0   (4,339.0)    (617.0)
HP INC            HPQUSD EU      31,934.0   (4,339.0)    (617.0)
HP INC            HPQUSD SW      31,934.0   (4,339.0)    (617.0)
HP INC            HPQEUR EU      31,934.0   (4,339.0)    (617.0)
IDEXX LABS        IDXX US         1,669.3      (48.4)     (53.8)
IDEXX LABS        IX1 GR          1,669.3      (48.4)     (53.8)
IDEXX LABS        IX1 TH          1,669.3      (48.4)     (53.8)
IDEXX LABS        IDXX AV         1,669.3      (48.4)     (53.8)
IMMUNOGEN INC     IMU GR            225.7     (111.3)     133.3
IMMUNOGEN INC     IMGN US           225.7     (111.3)     133.3
IMMUNOGEN INC     IMU TH            225.7     (111.3)     133.3
IMMUNOGEN INC     IMU QT            225.7     (111.3)     133.3
IMMUNOGEN INC     IMGNEUR EU        225.7     (111.3)     133.3
IMMUNOMEDICS INC  IMMU US           153.4      (67.4)     (52.0)
IMMUNOMEDICS INC  IM3 GR            153.4      (67.4)     (52.0)
IMMUNOMEDICS INC  IM3 TH            153.4      (67.4)     (52.0)
IMMUNOMEDICS INC  IM3 QT            153.4      (67.4)     (52.0)
INNOVIVA INC      INVA US           391.0     (223.0)     187.6
INNOVIVA INC      HVE GR            391.0     (223.0)     187.6
INNOVIVA INC      INVAEUR EU        391.0     (223.0)     187.6
INSPIRED ENTERTA  INSE US           213.4       (2.1)      (1.4)
INSTRUCTURE INC   INST US           135.5      (10.9)     (24.0)
INSTRUCTURE INC   1IN GR            135.5      (10.9)     (24.0)
IRONWOOD PHARMAC  I76 GR            625.1      (17.6)     249.6
IRONWOOD PHARMAC  IRWD US           625.1      (17.6)     249.6
IRONWOOD PHARMAC  I76 TH            625.1      (17.6)     249.6
IRONWOOD PHARMAC  IRWDEUR EU        625.1      (17.6)     249.6
JACK IN THE BOX   JBX GR          1,255.2     (439.0)     (83.8)
JACK IN THE BOX   JACK US         1,255.2     (439.0)     (83.8)
JACK IN THE BOX   JACK1EUR EU     1,255.2     (439.0)     (83.8)
JACK IN THE BOX   JBX QT          1,255.2     (439.0)     (83.8)
JUST ENERGY GROU  JE US           1,276.8     (268.4)    (183.6)
JUST ENERGY GROU  1JE GR          1,276.8     (268.4)    (183.6)
JUST ENERGY GROU  JE CN           1,276.8     (268.4)    (183.6)
L BRANDS INC      LTD GR          7,763.0     (912.0)   1,199.0
L BRANDS INC      LTD TH          7,763.0     (912.0)   1,199.0
L BRANDS INC      LB US           7,763.0     (912.0)   1,199.0
L BRANDS INC      LBEUR EU        7,763.0     (912.0)   1,199.0
L BRANDS INC      LB* MM          7,763.0     (912.0)   1,199.0
L BRANDS INC      LTD QT          7,763.0     (912.0)   1,199.0
LAMB WESTON       LW US           2,527.8     (521.6)     321.5
LAMB WESTON       0L5 GR          2,527.8     (521.6)     321.5
LAMB WESTON       LW-WEUR EU      2,527.8     (521.6)     321.5
LAMB WESTON       0L5 TH          2,527.8     (521.6)     321.5
LANTHEUS HOLDING  LNTH US           281.0      (77.9)      90.5
LANTHEUS HOLDING  0L8 GR            281.0      (77.9)      90.5
MADISON-A/NEW-WI  MSGN-W US         819.5     (902.7)     193.1
MANNKIND CORP     MNKD US            56.5     (251.0)     (62.8)
MANNKIND CORP     MNKD IT            56.5     (251.0)     (62.8)
MCDONALDS - BDR   MCDC34 BZ      32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MDO TH         32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCD TE         32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MDO GR         32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCD* MM        32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCD US         32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCD SW         32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCD CI         32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MDO QT         32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCDCHF EU      32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCDUSD EU      32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCDUSD SW      32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCDEUR EU      32,559.6   (3,477.6)   1,050.1
MCDONALDS CORP    MCD AV         32,559.6   (3,477.6)   1,050.1
MCDONALDS-CEDEAR  MCD AR         32,559.6   (3,477.6)   1,050.1
MDC COMM-W/I      MDZ/W CN        1,617.8     (328.8)    (220.3)
MDC PARTNERS-A    MDZ/A CN        1,617.8     (328.8)    (220.3)
MDC PARTNERS-A    MDCA US         1,617.8     (328.8)    (220.3)
MDC PARTNERS-A    MD7A GR         1,617.8     (328.8)    (220.3)
MDC PARTNERS-A    MDCAEUR EU      1,617.8     (328.8)    (220.3)
MDC PARTNERS-EXC  MDZ/N CN        1,617.8     (328.8)    (220.3)
MEDLEY MANAGE-A   MDLY US           144.5       (4.5)      41.0
MERITOR INC       AID1 GR         2,712.0      (44.0)     117.0
MERITOR INC       MTOR US         2,712.0      (44.0)     117.0
MERITOR INC       MTOREUR EU      2,712.0      (44.0)     117.0
MICHAELS COS INC  MIK US          2,060.0   (1,768.0)     445.6
MICHAELS COS INC  MIM GR          2,060.0   (1,768.0)     445.6
MIRAGEN THERAPEU  MGEN US            47.1       39.0       39.9
MIRAGEN THERAPEU  SGNLEUR EU         47.1       39.0       39.9
MONEYGRAM INTERN  MGI US          4,546.1     (184.0)     (66.1)
MONEYGRAM INTERN  9M1N GR         4,546.1     (184.0)     (66.1)
MONEYGRAM INTERN  9M1N TH         4,546.1     (184.0)     (66.1)
MONEYGRAM INTERN  MGIEUR EU       4,546.1     (184.0)     (66.1)
MOODY'S CORP      DUT GR          8,304.9     (156.8)     296.2
MOODY'S CORP      MCO US          8,304.9     (156.8)     296.2
MOODY'S CORP      DUT TH          8,304.9     (156.8)     296.2
MOODY'S CORP      MCOEUR EU       8,304.9     (156.8)     296.2
MOODY'S CORP      DUT QT          8,304.9     (156.8)     296.2
MOODY'S CORP      MCO* MM         8,304.9     (156.8)     296.2
MOTOROLA SOLUTIO  MTLA GR         8,618.0     (818.0)     773.0
MOTOROLA SOLUTIO  MTLA TH         8,618.0     (818.0)     773.0
MOTOROLA SOLUTIO  MSI US          8,618.0     (818.0)     773.0
MOTOROLA SOLUTIO  MOT TE          8,618.0     (818.0)     773.0
MOTOROLA SOLUTIO  MSI1EUR EU      8,618.0     (818.0)     773.0
MSG NETWORKS- A   MSGN US           819.5     (902.7)     193.1
MSG NETWORKS- A   1M4 GR            819.5     (902.7)     193.1
MSG NETWORKS- A   1M4 TH            819.5     (902.7)     193.1
MSG NETWORKS- A   MSGNEUR EU        819.5     (902.7)     193.1
NATHANS FAMOUS    NATH US            84.5      (60.4)      63.8
NATHANS FAMOUS    NFA GR             84.5      (60.4)      63.8
NATIONAL CINEMED  XWM GR          1,153.4      (61.9)      70.0
NATIONAL CINEMED  NCMI US         1,153.4      (61.9)      70.0
NATIONAL CINEMED  NCMIEUR EU      1,153.4      (61.9)      70.0
NAVISTAR INTL     IHR GR          6,080.0   (4,923.0)     767.0
NAVISTAR INTL     NAV US          6,080.0   (4,923.0)     767.0
NAVISTAR INTL     IHR TH          6,080.0   (4,923.0)     767.0
NAVISTAR INTL     IHR QT          6,080.0   (4,923.0)     767.0
NEFF CORP-CL A    NEFF US           666.9     (112.0)       8.9
NEFF CORP-CL A    NFO GR            666.9     (112.0)       8.9
NEW ENG RLTY-LP   NEN US            237.8      (32.4)       -
NYMOX PHARMACEUT  NYMX US             1.3       (0.7)      (0.7)
ONCOMED PHARMACE  OMED US           120.5      (62.2)      82.0
ONCOMED PHARMACE  O0M GR            120.5      (62.2)      82.0
PAPA JOHN'S INTL  PZZA US           550.9      (39.4)      29.5
PAPA JOHN'S INTL  PP1 GR            550.9      (39.4)      29.5
PENSARE ACQUISIT  WRLSU US            0.4       (0.1)      (0.0)
PENSARE ACQUISIT  WRLS US             0.4       (0.1)      (0.0)
PHILIP MORRIS IN  PM1EUR EU      41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  PMI SW         41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  PM1 TE         41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  4I1 TH         41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  PM1CHF EU      41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  4I1 GR         41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  PM US          41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  PM FP          41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  PMI1 IX        41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  PMI EB         41,951.0   (9,633.0)   2,345.0
PHILIP MORRIS IN  4I1 QT         41,951.0   (9,633.0)   2,345.0
PINNACLE ENTERTA  PNK US          3,926.3     (343.8)     (90.2)
PINNACLE ENTERTA  65P GR          3,926.3     (343.8)     (90.2)
PLANET FITNESS-A  PLNT US         1,366.0     (139.6)      49.0
PLANET FITNESS-A  3PL TH          1,366.0     (139.6)      49.0
PLANET FITNESS-A  3PL GR          1,366.0     (139.6)      49.0
PLANET FITNESS-A  3PL QT          1,366.0     (139.6)      49.0
PLANET FITNESS-A  PLNT1EUR EU     1,366.0     (139.6)      49.0
PROS HOLDINGS IN  PH2 GR            292.6      (35.4)     105.8
PROS HOLDINGS IN  PRO US            292.6      (35.4)     105.8
QUANTUM CORP      QNT1 TH           211.2     (124.3)     (48.3)
QUANTUM CORP      QTM US            211.2     (124.3)     (48.3)
QUANTUM CORP      QTM1EUR EU        211.2     (124.3)     (48.3)
REATA PHARMACE-A  RETA US            71.3     (230.3)      17.5
REATA PHARMACE-A  2R3 GR             71.3     (230.3)      17.5
REATA PHARMACE-A  RETAEUR EU         71.3     (230.3)      17.5
REGAL ENTERTAI-A  RGC US          2,672.2     (855.2)     (59.1)
REGAL ENTERTAI-A  RETA GR         2,672.2     (855.2)     (59.1)
REGAL ENTERTAI-A  RGC* MM         2,672.2     (855.2)     (59.1)
REGAL ENTERTAI-A  RGCEUR EU       2,672.2     (855.2)     (59.1)
RENOVACARE INC    RCAR US             0.6       (0.2)      (0.3)
RESOLUTE ENERGY   R21 GR            792.3      (73.8)    (109.3)
RESOLUTE ENERGY   REN US            792.3      (73.8)    (109.3)
RESOLUTE ENERGY   RENEUR EU         792.3      (73.8)    (109.3)
REVLON INC-A      REV US          3,167.8     (701.9)     241.5
REVLON INC-A      RVL1 GR         3,167.8     (701.9)     241.5
REVLON INC-A      RVL1 TH         3,167.8     (701.9)     241.5
REVLON INC-A      REVEUR EU       3,167.8     (701.9)     241.5
RH                RH US           1,819.4      (46.8)     246.4
RH                RS1 GR          1,819.4      (46.8)     246.4
RH                RH* MM          1,819.4      (46.8)     246.4
RH                RHEUR EU        1,819.4      (46.8)     246.4
ROKU INC          ROKU US           225.5      (42.8)      52.0
ROKU INC          R35 GR            225.5      (42.8)      52.0
ROKU INC          ROKUEUR EU        225.5      (42.8)      52.0
ROKU INC          R35 QT            225.5      (42.8)      52.0
ROSETTA STONE IN  RST US            196.8       (1.4)     (58.1)
ROSETTA STONE IN  RS8 GR            196.8       (1.4)     (58.1)
ROSETTA STONE IN  RS8 TH            196.8       (1.4)     (58.1)
ROSETTA STONE IN  RST1EUR EU        196.8       (1.4)     (58.1)
RR DONNELLEY & S  DLLN GR         3,956.7     (163.0)     740.3
RR DONNELLEY & S  RRD US          3,956.7     (163.0)     740.3
RR DONNELLEY & S  DLLN TH         3,956.7     (163.0)     740.3
RR DONNELLEY & S  RRDEUR EU       3,956.7     (163.0)     740.3
RYERSON HOLDING   RYI US          1,817.3      (14.4)     731.7
RYERSON HOLDING   7RY GR          1,817.3      (14.4)     731.7
RYERSON HOLDING   7RY TH          1,817.3      (14.4)     731.7
SALLY BEAUTY HOL  SBH US          2,120.5     (352.3)     638.2
SALLY BEAUTY HOL  S7V GR          2,120.5     (352.3)     638.2
SANCHEZ ENERGY C  SN US           2,240.1      (90.4)     (43.2)
SANCHEZ ENERGY C  SN* MM          2,240.1      (90.4)     (43.2)
SANCHEZ ENERGY C  13S GR          2,240.1      (90.4)     (43.2)
SANCHEZ ENERGY C  13S TH          2,240.1      (90.4)     (43.2)
SANCHEZ ENERGY C  13S QT          2,240.1      (90.4)     (43.2)
SANCHEZ ENERGY C  SNEUR EU        2,240.1      (90.4)     (43.2)
SBA COMM CORP     4SB GR          7,300.5   (2,257.8)    (698.6)
SBA COMM CORP     SBAC US         7,300.5   (2,257.8)    (698.6)
SBA COMM CORP     SBJ TH          7,300.5   (2,257.8)    (698.6)
SBA COMM CORP     SBACEUR EU      7,300.5   (2,257.8)    (698.6)
SCIENTIFIC GAM-A  TJW GR          7,062.4   (1,976.5)     554.8
SCIENTIFIC GAM-A  SGMS US         7,062.4   (1,976.5)     554.8
SEARS HOLDINGS    SEE GR          8,351.0   (3,651.0)    (397.0)
SEARS HOLDINGS    SEE TH          8,351.0   (3,651.0)    (397.0)
SEARS HOLDINGS    SHLD US         8,351.0   (3,651.0)    (397.0)
SEARS HOLDINGS    SEE QT          8,351.0   (3,651.0)    (397.0)
SEARS HOLDINGS    SHLDEUR EU      8,351.0   (3,651.0)    (397.0)
SIGA TECH INC     SIGA US           148.7     (312.8)      27.9
SILVER SPRING NE  SSNI US           295.6      (20.3)      49.5
SILVER SPRING NE  9SI GR            295.6      (20.3)      49.5
SILVER SPRING NE  9SI TH            295.6      (20.3)      49.5
SILVER SPRING NE  SSNIEUR EU        295.6      (20.3)      49.5
SIRIUS XM HOLDIN  SIRI US         8,652.4   (1,050.1)  (2,186.3)
SIRIUS XM HOLDIN  RDO TH          8,652.4   (1,050.1)  (2,186.3)
SIRIUS XM HOLDIN  RDO GR          8,652.4   (1,050.1)  (2,186.3)
SIRIUS XM HOLDIN  SIRI SW         8,652.4   (1,050.1)  (2,186.3)
SIRIUS XM HOLDIN  RDO QT          8,652.4   (1,050.1)  (2,186.3)
SIRIUS XM HOLDIN  SIRIEUR EU      8,652.4   (1,050.1)  (2,186.3)
SIRIUS XM HOLDIN  SIRI AV         8,652.4   (1,050.1)  (2,186.3)
SIX FLAGS ENTERT  SIX US          2,528.3      (67.7)     (70.3)
SIX FLAGS ENTERT  6FE GR          2,528.3      (67.7)     (70.3)
SIX FLAGS ENTERT  SIXEUR EU       2,528.3      (67.7)     (70.3)
SONIC CORP        SONC US           561.7     (201.8)      30.6
SONIC CORP        SO4 GR            561.7     (201.8)      30.6
SONIC CORP        SONCEUR EU        561.7     (201.8)      30.6
SONIC CORP        SO4 TH            561.7     (201.8)      30.6
STRAIGHT PATH-B   STRP US            11.9      (17.5)     (11.8)
STRAIGHT PATH-B   5I0 GR             11.9      (17.5)     (11.8)
SYNTEL INC        SYNT US           461.0      (63.6)     142.3
SYNTEL INC        SYE GR            461.0      (63.6)     142.3
SYNTEL INC        SYE TH            461.0      (63.6)     142.3
SYNTEL INC        SYE QT            461.0      (63.6)     142.3
SYNTEL INC        SYNT1EUR EU       461.0      (63.6)     142.3
SYNTEL INC        SYNT* MM          461.0      (63.6)     142.3
TAILORED BRANDS   TLRD US         2,079.7      (46.7)     753.0
TAILORED BRANDS   WRMA GR         2,079.7      (46.7)     753.0
TAILORED BRANDS   TLRD* MM        2,079.7      (46.7)     753.0
TAUBMAN CENTERS   TU8 GR          4,108.0     (148.8)       -
TAUBMAN CENTERS   TCO US          4,108.0     (148.8)       -
TOWN SPORTS INTE  CLUB US           230.9      (99.7)      (4.1)
TRANSDIGM GROUP   T7D GR         10,316.4   (1,895.4)   1,656.3
TRANSDIGM GROUP   TDG US         10,316.4   (1,895.4)   1,656.3
TRANSDIGM GROUP   TDG SW         10,316.4   (1,895.4)   1,656.3
TRANSDIGM GROUP   TDGCHF EU      10,316.4   (1,895.4)   1,656.3
TRANSDIGM GROUP   T7D QT         10,316.4   (1,895.4)   1,656.3
TRANSDIGM GROUP   TDGEUR EU      10,316.4   (1,895.4)   1,656.3
ULTRA PETROLEUM   UPL US          1,862.1   (1,257.8)    (157.3)
ULTRA PETROLEUM   UPL1EUR EU      1,862.1   (1,257.8)    (157.3)
ULTRA PETROLEUM   UPM1 GR         1,862.1   (1,257.8)    (157.3)
UNISYS CORP       UISCHF EU       2,296.9   (1,649.9)     340.6
UNISYS CORP       UISEUR EU       2,296.9   (1,649.9)     340.6
UNISYS CORP       UIS US          2,296.9   (1,649.9)     340.6
UNISYS CORP       UIS1 SW         2,296.9   (1,649.9)     340.6
UNISYS CORP       USY1 TH         2,296.9   (1,649.9)     340.6
UNISYS CORP       USY1 GR         2,296.9   (1,649.9)     340.6
UNITI GROUP INC   UNIT US         4,292.2   (1,052.9)       -
UNITI GROUP INC   8XC GR          4,292.2   (1,052.9)       -
VALVOLINE INC     VVV US          1,915.0     (117.0)     312.0
VALVOLINE INC     0V4 GR          1,915.0     (117.0)     312.0
VALVOLINE INC     VVVEUR EU       1,915.0     (117.0)     312.0
VECTOR GROUP LTD  VGR GR          1,409.9     (318.2)     431.7
VECTOR GROUP LTD  VGR US          1,409.9     (318.2)     431.7
VECTOR GROUP LTD  VGR QT          1,409.9     (318.2)     431.7
VERISIGN INC      VRS TH          2,908.4   (1,229.9)     870.5
VERISIGN INC      VRS GR          2,908.4   (1,229.9)     870.5
VERISIGN INC      VRSN US         2,908.4   (1,229.9)     870.5
VERISIGN INC      VRSNEUR EU      2,908.4   (1,229.9)     870.5
VIEWRAY INC       VRAY US           105.6      (17.0)      39.2
VIEWRAY INC       6L9 GR            105.6      (17.0)      39.2
VIEWRAY INC       VRAYEUR EU        105.6      (17.0)      39.2
VTV THERAPEUTI-A  VTVT US            24.1       (5.7)       9.3
VTV THERAPEUTI-A  5VT GR             24.1       (5.7)       9.3
W&T OFFSHORE INC  WTI US            887.4     (597.3)      34.5
WEIGHT WATCHERS   WTW US          1,315.5   (1,080.7)     (12.7)
WEIGHT WATCHERS   WW6 GR          1,315.5   (1,080.7)     (12.7)
WEIGHT WATCHERS   WW6 TH          1,315.5   (1,080.7)     (12.7)
WEIGHT WATCHERS   WTWEUR EU       1,315.5   (1,080.7)     (12.7)
WEIGHT WATCHERS   WW6 QT          1,315.5   (1,080.7)     (12.7)
WIDEOPENWEST INC  WOW US          3,038.4     (291.2)     (28.9)
WIDEOPENWEST INC  WU5 GR          3,038.4     (291.2)     (28.9)
WIDEOPENWEST INC  WOW1EUR EU      3,038.4     (291.2)     (28.9)
WINGSTOP INC      WING US           121.1      (57.7)      (2.1)
WINGSTOP INC      EWG GR            121.1      (57.7)      (2.1)
WINMARK CORP      WINA US            47.2      (39.4)      12.5
WINMARK CORP      GBZ GR             47.2      (39.4)      12.5
WORKIVA INC       WK US             155.6      (14.5)     (12.1)
WORKIVA INC       0WKA GR           155.6      (14.5)     (12.1)
WORKIVA INC       WKEUR EU          155.6      (14.5)     (12.1)
YRC WORLDWIDE IN  YRCW US         1,701.6     (403.7)     226.5
YRC WORLDWIDE IN  YEL1 GR         1,701.6     (403.7)     226.5
YRC WORLDWIDE IN  YEL1 TH         1,701.6     (403.7)     226.5
YRC WORLDWIDE IN  YRCWEUR EU      1,701.6     (403.7)     226.5
YUM! BRANDS INC   YUM US          5,454.0   (6,121.0)     596.0
YUM! BRANDS INC   TGR GR          5,454.0   (6,121.0)     596.0
YUM! BRANDS INC   TGR TH          5,454.0   (6,121.0)     596.0
YUM! BRANDS INC   YUMEUR EU       5,454.0   (6,121.0)     596.0
YUM! BRANDS INC   YUMCHF EU       5,454.0   (6,121.0)     596.0
YUM! BRANDS INC   YUM SW          5,454.0   (6,121.0)     596.0
YUM! BRANDS INC   YUMUSD SW       5,454.0   (6,121.0)     596.0
YUM! BRANDS INC   YUMUSD EU       5,454.0   (6,121.0)     596.0


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***