TCR_Public/171214.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, December 14, 2017, Vol. 21, No. 347

                            Headlines

06-019 VACAVILLE: Feb. 7 Plan Confirmation Hearing
1776 AMERICAN: Seeks to Expand Scope of Keller Williams Employment
201 LUIZ MARIN: Taps Ashley Law Firm as Litigation Counsel
669699 NB LTD: To Restructure Under CCAA, Has $500,000 DIP Funding
ACHAOGEN INC: Appoints Blake Wise as New CEO

ACHAOGEN INC: Duggan Has 13.2% Equity Stake as of Dec. 8
ADVANCED CONTRACTING: Taps Klestadt Winters as Legal Counsel
AES CORP: Fitch Hikes LT Issuer Default Rating to BB; Outlook Pos.
AGFC CAPITAL: Fitch Puts CCC Securities Rating on Watch Positive
AHMAD SALEHZADEH: DiFusco Buying White Plains Property for $61K

ALBAUGH LLC: S&P Lowers Senior Secured Debt Rating to 'BB-'
ALERIS INT'L: Moody's Puts B3 CFR on Review for Downgrade
ALLURE NAIL: Taps Krigel & Krigel as Legal Counsel
AMRIT FREIGHT: Plan Payments Funded by Continued Freight Operation
ATHANAS FENCE: Amended Disclosure Statement Gets Court's Final Nod

ATHLETIC COMMUNITY: JSIA Seeks Appointment of Chapter 11 Trustee
BEACH DANS: Sale of Long Beach Business to Haque for $1M Approved
BEAR FIGUEROA: PI Properties Buying Los Angeles Property for $3M
BETTYE RIGDON: Schroeders Buying Forth Worth Property for $225K
BIG TIME HOLDINGS: Ch. 11 Trustee Hires Broderick as Accountant

BOSSLER ROOFING: Case Summary & 20 Largest Unsecured Creditors
BRAZIL MINERALS: May Issue 25 Million Shares Under 2017 Plan
BRIAR HILL: Taps exSELLit as Property Manager
C-N-T REDI MIX: Taps Eric A. Liepins as Legal Counsel
CALIFORNIA PROTON: Sale of All Assets Closed on Dec. 6

CALYPSO ST. BARTH: Going-Out-of-Business Sales at 16 Stores
CANNABIS SCIENCE: Investigating Use of Cannabinoids for Pelvic Pain
CAPITAL TRANSPORTATION: Plan Offers 15% Distribution to Unsecureds
CARL WEBER GREEN: Taps Thompson & Knight as Special Counsel
CAROUSEL OF LANGUAGES: Taps Arlene Gordon-Oliver as Legal Counsel

CAROUSEL OF LANGUAGES: Taps Klinger & Klinger as Accountant
CGG HOLDING: Has Until Feb. 9 to Exclusively File Plan
CHARMING CHARLIE: Files Chapter 11 to Facilitate Restructuring
CHARMING CHARLIE: Moody's Cuts PDR to 'D-PD' Following Bankruptcy
CHARTER COMMUNICATIONS: Moody's Rates New $11.3B Bank Loans 'Ba1'

CHURCHILL DOWNS: Moody's Rates New $500MM Unsec. Notes Due 2028 B2
CHURCHILL DOWNS: S&P Rates $300MM Senior Unsecured Notes 'B+'
CLASSICAL ACADEMY: S&P Revises Outlook to Pos. & Affirms BB+ Rating
CONTURA ENERGY: Moody's Lowers CFR to B3; Outlook Stable
COTTER TOWER: Case Summary & 20 Largest Unsecured Creditors

CSP ASSET II: Taps Barron & Newburger as Legal Counsel
CUNNINGHAM LINDSEY: Moody's Affirms 'B3' CFR Amid Sedgwick Deal
DELPHI TECHNOLOGIES: S&P Assigns 'BB' CCR, Outlook Stable
DEXTERA SURGICAL: Expects Court Approval of Sale in Early 2018
DEXTERA SURGICAL: Files Ch.11 with $17MM Deal to Sell to Aesculap

DRIVETIME AUTOMOTIVE: S&P Alters Outlook to Neg. on Weak Earnings
EASTERN POWER: S&P Affirms 'BB-' Debt Rating, Outlook Stable
EASTERN STAR: No Excess Funds Available to Pay Unsecured Creditors
EMERALD COAST: Asks Court to Approve Chapter 11 Liquidation Plan
ESSAR STEEL: Cliffs Completes Acquisition of Itasca Real Estate

FISKER AUTOMOTIVE: Suit on Spinoff Stock Sale Not Dismissed
FLAMINGO/TENAYA: Voluntary Chapter 11 Case Summary
FREEDOM HOLDING: Closes Sale of $11 Million Common Stock
GALVESTON BAY: DIP Lenders Seek Appointment of Ch. 11 Trustee
GANDER MOUNTAIN: Needs More Time to Solicit Plan Votes

GATEWAY MEDICAL: Jan. 11 Plan Confirmation Hearing
GATSBY'S MEN: Needs to Work with Stakeholders to Build Plan Support
GETCHELL AGENCY: N.R. Hull Appointed Chapter 11 Trustee
GLOBAL BROKERAGE: FXCM Group Owner Pursues Prepack Chapter 11 Case
GO WIRELESS: Moody's Assigns B1 CFR & Rates $400MM 1st Lien Loan B1

GO WIRELESS: S&P Assigns 'B' Corp Credit Rating, Outlook Stable
GOOD FIGHT: Whitney Bank's Monthly Payment Raised to $331.25
GULF COAST HOSPICE: Has Until March 13 to Solicit Plan Votes
HELIOS AND MATHESON: Acquires 51.7% Ownership of MoviePass
HUTCHESON MEDICAL: Trustee Selling Lafayette Proeprty for $100K

INDUSTRIE SERVICE: Plan Payments Funded by Continued Operations
INSTITUTE OF CARDIOVASCULAR: Feb. 12 Disclosure Statement Hearing
IRASEL SAND: Deadline to Confirm Plan Moved to Feb. 5
IRON MOUNTAIN: Moody's Affirms Ba3 CFR & Alters Outlook to Negative
IRON MOUNTAIN: S&P Affirms 'BB-' CCR on IO Data Center Acquisition

J & J CHEMICAL: Jan. 17 Approval Hearing of Trustee's Disclosures
J.G. WENTWORTH: Case Summary & 20 Largest Unsecured Creditors
JOHN ADAMS ACADEMIES: S&P Lowers 2014/2015 Bonds Rating to BB+
JVS DEVELOPMENT: Taps Turoci Firm as Legal Counsel
KANSAS INTERNAL: Proposes an Auction of Excess Personal Property

L&R DEVELOPMENT: Able Insurance Dropped from Lopez Suit
LAKESHORE PROPERTIES: M. Diaz to Initially Fund Plan Payments
LDJ ENTERPRISE: D. Middleton's Plan Outline Hearing Set for Jan. 4
LEVEL SOLAR: Commences Chapter 11 Case Amid Abrupt Layoffs
LINA REAL ESTATE: Hires David A. Scholl as Bankruptcy Counsel

LKQ CORP: Moody's Affirms Ba1 CFR & Changes Outlook to Negative
LOS DOS MOLINOS: Unsecured Creditors to Recoup 20% Under the Plan
M & G USA: Committee Taps Milbank Tweed as Legal Counsel
MAC ACQUISITION: Landlords Seek Modification of Plan Outline
MACAVITY COMPANY: Taps Range Realty Advisors as Broker

MAPLE BANK: KPMG Seeks CCAA Court Approval to Distribute Funds
METROPOLITAN DIAGNOSTIC: Taps Gregory K. Stern as Legal Counsel
MICHIGAN HONEY: Plan and Disclosures Hearing Set for Jan. 12
MILES APPLIANCE: Jan. 23 Amended Plan Confirmation Hearing
NAVISTAR INTERNATIONAL: Franklin Has 12% Stake as of Nov. 30

NEOPS HOLDINGS: Taps SSG Advisors as Investment Banker
NORTHERN OIL: Moody's Affirms Caa2 CFR & Revises Outlook to Stable
NORTHWEST HARDWOODS: Moody's Affirms Caa1 Corporate Family Rating
OAKFABCO INC: Liquidating Trust to Make Payments to PI Claimholders
OCWEN FINANCIAL: Fitch Puts CC Sr. Notes Rating on Watch Positive

PALOMAR HEALTH: Moody's Rates New $153.3MM 2017 Rev. Bonds 'Ba1'
PARETEUM CORP: Mitchell Kopin Has 5.9% Equity Stake as of Dec. 1
PRO TANK: Voluntary Chapter 11 Case Summary
PROPERTY RENTAL: Disclosure Statement Not Required, Court Rules
ROSSER RESERVE: Case Summary & 20 Largest Unsecured Creditors

RUBY TUESDAY: Supplements Definitive Proxy Statement
RUSSEL METALS: S&P Assigns 'BB+' Corp Credit Rating, Outlook Stable
SEARS HOLDINGS: Raising $607-Mil. Debt Facility to Cover Pension
SEDGWICK CLAIMS: Moody's Affirms B3 CFR Amid Cunningham Acquisition
SENIOR OAKS: J. Tucker Named Patient Care Ombudsman

SENTRIX PHARMACY: Has Until Feb. 14 to Exclusively File Plan
SPECTRUM HEALTHCARE: Taps Summer Street Advisors as Expert Witness
SPINLABEL TECHNOLOGIES: Seeks DIP Financing, Delays Exit Plan
THINK TRADING: Case Summary & Largest Unsecured Creditors
THORNTON & THORNTON: Creditor Objects to Plan Outline

TRINITY INDUSTRIES: Fitch Puts BB+ Notes Rating on Watch Negative
TRINITY INDUSTRIES: Moody's Puts Ba1 CFR on Review for Downgrade
US DATAWORKS: Bankruptcy Court Confirms Reorganization Plan
VANGUARD HEALTH: Secured Claims Total $470K Under Amended Plan
VERONICA PERSAUD: $410K Sale of Lake Worth Property to Dixie Okayed

W&T OFFSHORE: Franklin No Longer a Shareholder as of Nov. 30
WALL ST. RECYCLING: Exclusive Plan Period Extended to February 14
WALLACE RUSH: Taps Paul Schouest as Financial Expert
WALTER INVESTMENT: Gets Interim OK on $1.9-Bil. Bankruptcy Funding
WHITING PETROLEUM: Moody's Rates Proposed $750MM Senior Notes B3

WHITING PETROLEUM: S&P Rates New $750MM Sr. Unsecured Notes 'BB-'
WILLOW BEND: January 4 Disclosure Statement Hearing
WONG POTATOES: Case Summary & 17 Largest Unsecured Creditors
WOODLAKE PARTNERS: $5K Sale of Remnant Assets to Oak Point Approved
[^] Recent Small-Dollar & Individual Chapter 11 Filings


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06-019 VACAVILLE: Feb. 7 Plan Confirmation Hearing
--------------------------------------------------
The Hon. August B. Landis of the U.S. Bankruptcy Court for the
District of Nevada has entered an order approving 06-019 Vacaville
III Business Trust's Amended Disclosure Statement accompanying the
Debtor's Chapter 11 Plan of Reorganization.

A confirmation hearing for the confirmation of the Debtor's Chapter
11 Plan of Reorganization will be held on February 7, 2018 at 1:30
p.m.

The deadline for holders of claims to vote on the Plan and to
transmit ballots, such that they are received by the Debtor's
counsel, is on January 23, 2018. The Debtor is required to file a
ballot tabulation on February 2, 2018.

The deadline for filing objections to confirmation of the Plan is
on January 23, 2018. Any reply to said objections to confirmation,
as well as a brief in support of confirmation must be filed by
February 2.

                 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.


1776 AMERICAN: Seeks to Expand Scope of Keller Williams Employment
------------------------------------------------------------------
1776 American Properties IV LLC has filed a supplemental
application seeking court approval to expand the scope of
employment of Keller Williams Realty Metropolitan.

In the court filing, the Debtor asked the U.S. Bankruptcy Court for
the Southern District of Texas to authorize the real estate broker
to market and sell a tract of land owned by 1776 American
Properties V LLC.

The property is located at 810 Jewett Street, Houston, Texas.

Under the terms of the agreements, Keller Williams will be paid a
maximum commission of 6% of the sales price for any sale that is
approved and closes, with 3% going to any buyer's broker.

                 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, their 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.


201 LUIZ MARIN: Taps Ashley Law Firm as Litigation Counsel
----------------------------------------------------------
201 Luiz Marin Realty, LLC seeks approval from the U.S. Bankruptcy
Court for the District of New Jersey to hire Cedric Ashley, Esq. as
attorney to give advice to the Debtor regarding disputes and
litigation involving the City of Jersey City, a condominium
management company, and a title company.

The Debtor shall pay Ashley Law Firm a retainer of $3500.
Thereafter the matter will be handled on a contingency basis with
Ashley Law Firm retaining 35% of any award settlement, or jury
verdict.

Cedric Ashley, Esq. attests that he is a disinterested person under
11 U.S.C. Sec. 101(14).

The Attorney can be reached through:

     Cedric Ashley, Esq.
     Ashley Law Firm LLC
     707 Alexander Road, Bldg. 2, Suite 208
     Princeton, NJ 08540
     Phone: (609) 557-3441

                   About 201 Luiz Marin Realty

Based in Jersey City, New Jersey, 201 Luiz Marin Realty, LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. N.J.
Case No. 17-31443) on October 23, 2017.  Stephen Anatro, its
managing member, signed the petition.

The Debtor is a single asset real estate (as defined in 11 U.S.C.
Section 101(51B)).  At the time of the filing, the Debtor disclosed
zero assets and $3.37 million in liabilities.

Judge Stacey L. Meisel presides over the case.  The Debtor is
represented by the Law Offices of Jerome M. Douglas, LLC.


669699 NB LTD: To Restructure Under CCAA, Has $500,000 DIP Funding
------------------------------------------------------------------
669699 N.B. Ltd., MP Atlantic Wood Ltd., and New Future Lumber Ltd.
sought and obtained from the Court of Queen Bench of New Brunswick
an initial order under the Companies' Creditors Arrangement Act.
Powell Associates Ltd. was appointed by the Court as the monitor in
these CCAA proceedings.

The comeback hearing date is scheduled for Dec. 19, 2017.

The Applicants said they have finalized, subject to Court approval,
debtor-in-possession financing arrangements with Kindred Financial
Inc. of Oakville, Ontario.  The terms provide for $500,000 of
interim financing with a commitment fee of $25,000 and interest at
12% per annum paid monthly.  Costs of the interim lender are to be
paid by the Applicants.

Power Associates can be reached at:

   Robert W. Powell, CPA
   President
   Powell Associates Ltd.
   55 Drury Cove Road
   Saint John, NB E2H 2Z8
   Tel: 506.638.9311
   Email: rpowell@maritimetrustee.ca

669699 N.B. Ltd. operates a lumber planing mill and wood processing
plant at Dieppe, New Brunswick.  The companies' business includes
the manufacture of finished lumber, wood shaving and trucking.


ACHAOGEN INC: Appoints Blake Wise as New CEO
--------------------------------------------
The Board of Directors of Achaogen, Inc. appointed Blake Wise as
the chief executive officer of the Company, effective Jan. 1, 2018.
Mr. Wise will replace Kenneth J. Hillan, M.B., Ch.B., whom the
Board appointed president, R&D and president of Achaogen, effective
Jan. 1, 2018.  Mr. Wise currently serves as the Company's president
and chief operating officer.  The Board also appointed Mr. Wise as
a member of the Board, effective Jan. 1, 2018.  Mr. Wise was
appointed as a Class III director, with an initial term expiring at
the Company's annual meeting of stockholders to be held in 2020.
Dr. Hillan will remain a member of the Board.  In connection with
Mr. Wise's appointment to the Board, the Board also increased the
size of the Board from nine directors to ten directors, effective
Jan. 1, 2018.  

Mr. Wise, 47, has served as the Company's president and chief
operating officer since February 2017 and served as the Company's
chief operating officer from October 2015 to February 2017.  From
2002 to August 2015, Mr. Wise served in roles of increasing
responsibility at Genentech, including serving as vice president,
Cross BioOncology; senior director, Franchise Head and Life Cycle
Leader, Lytics; sales director, BioOncology, Avastin; marketing
director, Immunology and Cystic Fibrosis; and director, Interactive
Marketing.  Mr. Wise currently serves as a director of Calithera
Biosciences, Inc., a publicly traded oncological pharmaceutical
company.  Mr. Wise holds a B.A. from the University of California,
Santa Barbara, and an M.B.A. from the University of California,
Berkeley.

Dr. Hillan, 56, has served on the Board since October 2011.  Dr.
Hillan served as the Company's chief medical officer from April
2011 until July 2014, served as the Company's president from
October 2011 to February 2017 and has served as the Company's chief
executive officer since October 2011.  Prior to joining Achaogen,
from 1994 to April 2011, Dr. Hillan served at Genentech.  Dr.
Hillan was responsible for numerous successful drug approvals and
led the medical and scientific strategies for Genentech???s
Immunology, Tissue Growth and Repair drug portfolio.  For
Genentech, he served in a number of key leadership positions in
research and development, including Senior Vice President Clinical
Development, Inflammation, vice president Immunology, Tissue Growth
and Repair, vice president Development Sciences and vice president
Research Operations and Pathology.  Dr. Hillan also previously
served as senior vice president and head of Clinical Development
and Product Development Strategy in Asia-Pacific for F. Hoffmann-La
Roche AG in Shanghai, China.  Dr. Hillan served on the board of
directors of Relypsa, Inc., a publicly traded biotechnology
company, from June 2014 to September 2016 when it merged with
Galenica AG.  Dr. Hillan holds an M.B. Ch.B. (Bachelor of Medicine
and Surgery) degree from the Faculty of Medicine at the University
of Glasgow, U.K. Dr. Hillan is a Fellow of the Royal College of
Surgeons, and a Fellow of the Royal College of Pathologists.  Dr.
Hillan has authored dozens of scientific publications and is a
named inventor on almost 50 issued patents.

In connection with Mr. Wise's promotion, the Board also approved
(i) an increase in Mr. Wise's annual base salary to $548,600,
effective Jan. 1, 2018 and (ii) an increase in Mr. Wise's
discretionary annual bonus target to 55% of his base salary for the
2018 fiscal year, with the payment amount based upon performance as
determined by the Board.

Additionally, the Board has approved the grant to Mr. Wise of an
option to purchase 106,000 shares of the Company's common stock
effective Jan. 1, 2018 with an exercise price equal to the closing
price of the Company's common stock on Dec. 29, 2017 (the latest
trading date preceding the effective date of the grant).
One-forty-eighth of the shares subject to such option will vest on
each monthly anniversary of the vesting commencement date, which
will be Jan. 1, 2018, subject to Mr. Wise continuing to provide
services to the Company through each such vesting date.  The option
to be granted to Mr. Wise described above will be granted under the
Company's 2014 Equity Incentive Award Plan and will terminate 10
years from the effective date of grant.

In addition, effective Jan. 1, 2018, the Board approved a change in
control severance agreement to replace Mr. Wise's existing change
in control severance agreement, which provides that, in the event
his employment is terminated by the Company other than for cause or
he experiences a constructive termination, he will receive as
severance 12 months of his base salary paid in a single cash lump
sum, 12 months of COBRA reimbursement and accelerated vesting of
equity awards with respect to the number of shares that would have
vested during the 12 months following his termination date had his
employment continued.  Further, in the event his employment is
terminated other than for cause or he experiences a constructive
termination, within the period commencing three months prior to a
change in control and ending 12 months after a change in control,
his severance will consist of 18 months of his base salary paid in
a single cash lump sum, 100% of his target bonus paid in a single
cash lump sum, assuming achievement of performance goals at 100% of
target, 18 months of COBRA reimbursement and full vesting
acceleration for equity awards he holds.

In addition, effective Jan. 1, 2018, the Board approved a change in
control severance agreement to replace Dr. Hillan's existing change
in control severance agreement, which provides that, in the event
his employment is terminated by the Company other than for cause or
he experiences a constructive termination, he will receive as
severance 12 months of his base salary paid in a single cash lump
sum, 12 months of COBRA reimbursement and accelerated vesting of
equity awards with respect to the number of shares that would have
vested during the 12 months following his termination date had his
employment continued.  Further, in the event his employment is
terminated other than for cause or he experiences a constructive
termination, within the period commencing three months prior to a
change in control and ending 12 months after a change in control,
his severance will consist of 15 months of his base salary paid in
a single cash lump sum, 100% of his target bonus paid in a single
cash lump sum, assuming achievement of performance goals at 100% of
target, 15 months of COBRA reimbursement and full vesting
acceleration for equity awards he holds.

                      About Achaogen, Inc.

South San Francisco, California-based Achaogen, Inc. --
http://www.achaogen.com/-- is a clinical-stage biopharmaceutical
company committed to the discovery, development, and
commercialization of novel antibacterials to treat multi-drug
resistant gram-negative infections.  The Company is developing
plazomicin, its lead product candidate, for the treatment of
serious bacterial infections due to MDR Enterobacteriaceae,
including carbapenem-resistant Enterobacteriaceae.  In 2013, the
Centers for Disease Control and Prevention identified CRE as a
"nightmare bacteria" and an immediate public health threat that
requires "urgent and aggressive action."

Achaogen reported a net loss of $71.22 million in 2016, a net loss
of $27.09 million in 2015, and a net loss of $20.17 million in
2014.  As of Sept. 30, 2017, Achaogen had $230.09 million in total
assets, $66.81 million in total liabilities, $10 million in
contingently redeemable common stock and $153.3 million in total
stockholders' equity.


ACHAOGEN INC: Duggan Has 13.2% Equity Stake as of Dec. 8
--------------------------------------------------------
In a Schedule 13D/A filed with the Securities and Exchange
Commission, Robert W. Duggan reported that as Dec. 8, 2017, he
directly owned 5,507,740 shares of common stock of.  As the sole
shareholder of Genius Inc., Mr. Duggan may be deemed the beneficial
owner of the 72,170 Shares owned by Genius Inc.

The aggregate purchase cost of the 5,507,740 Shares owned directly
by Mr. Duggan is approximately $85,938,201, including brokerage
commissions.  Those Shares were acquired with personal funds.  The
aggregate purchase cost of the 72,170 Shares owned by Genius Inc.,
which Mr. Duggan is the sole shareholder of and may be deemed to be
beneficially owned by Mr. Duggan, is approximately $1,630,879,
including brokerage commissions.  Those Shares were acquired with
working capital.

The 5,579,910 total common shares beneficially owned by Mr. Duggan
constitutes 13.2 percent based on 42,393,609 Shares outstanding, as
of Nov. 2, 2017, which is the total number of Shares outstanding as
reported in the Issuer's Quarterly Report on Form 10-Q, filed with
the SEC on Nov. 8, 2017.

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

                     https://is.gd/rNwd2E

                       About Achaogen, Inc.

South San Francisco, California-based Achaogen, Inc. --
http://www.achaogen.com/-- is a clinical-stage biopharmaceutical
company committed to the discovery, development, and
commercialization of novel antibacterials to treat multi-drug
resistant gram-negative infections.  The Company is developing
plazomicin, its lead product candidate, for the treatment of
serious bacterial infections due to MDR Enterobacteriaceae,
including carbapenem-resistant Enterobacteriaceae.  In 2013, the
Centers for Disease Control and Prevention identified CRE as a
"nightmare bacteria" and an immediate public health threat that
requires "urgent and aggressive action."

Achaogen reported a net loss of $71.22 million in 2016, a net loss
of $27.09 million in 2015, and a net loss of $20.17 million in
2014.  As of Sept. 30, 2017, Achaogen had $230.09 million in total
assets, $66.81 million in total liabilities, $10 million in
contingently redeemable common stock and $153.3  million in total
stockholders' equity.


ADVANCED CONTRACTING: Taps Klestadt Winters as Legal Counsel
------------------------------------------------------------
Advanced Contracting Solutions, LLC seeks approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire
Klestadt Winters Jureller Southard & Stevens, LLP as its legal
counsel.

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

The firm's hourly rates range from $495 to $695 for partners and
from $275 to $395 for associates.  Paralegals charge $175 per hour.
Fred Stevens, Esq., the attorney who will be handling the case,
will charge an hourly fee of $575.

Mr. Stevens 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:

     Tracy L. Klestadt, Esq.
     Fred Stevens, Esq.
     Brendan M. Scott, Esq.
     Christopher J. Reilly, Esq.
     Klestadt Winters Jureller Southard & Stevens, LLP
     200 West 41st Street, 17th Floor
     New York, NY 10036-7203
     Tel: (212) 972-3000
     Fax: (212) 972-2245
     Email: tklestadt@klestadt.com
     Email: bscott@klestadt.com
     Email: fstevens@klestadt.com

               About Advanced Contracting Solutions

Advanced Contracting Solutions, LLC -- http://www.acsnyllc.com/--
is a large open-shop concrete foundation and concrete
super-structure contractor.  The Debtor sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Case No.
17-13147) on Nov. 6, 2017.  Judge Sean H. Lane presides over the
case.

At the time of the filing, the Debtor disclosed that it had
estimated assets of $10 million to $50 million and liabilities of
$50 million to $100 million.

Tracy L. Klestadt, Esq., Brendan M. Scott, Esq., and Fred Stevens,
Esq., at Klestadt Winters Jureller Southard & Stevens, LLP, serve
as the Debtor's bankruptcy counsel.

On December 8, 2017, the U.S. Trustee for Region 2 appointed an
official committee of unsecured creditors.


AES CORP: Fitch Hikes LT Issuer Default Rating to BB; Outlook Pos.
------------------------------------------------------------------
Fitch Ratings has upgraded The AES Corporation's (AES) Long-Term
Issuer Default Rating (IDR) to 'BB' from 'BB-'. The rating Outlook
is Positive. Fitch has also affirmed IPALCO Enterprises, Inc.'s
(IPALCO) Long-Term IDR at 'BB+' and the Long-Term IDR for
Indianapolis Power & Light (IPL) at 'BBB-'. The Rating Outlooks for
both entities is Positive. Approximately $7.6 billion of debt
obligations are affected by this rating action.  

KEY RATING DRIVERS

The AES Corporation

Improving Credit Metrics: AES' rating upgrade and Positive Outlook
reflects the steady improvement in credit metrics and Fitch's
expectations that recourse debt/APOCF(adjusted parent-only cash
flow) will continue to improve to mid-4x by 2018 and below 4x by
2020 from 5.5x in 2015. The APOCF interest coverage is expected to
rise to high-3x in 2018 and to mid-4x by 2019 from mid-2x in 2015.
This improvement is primarily driven by debt reduction, project
completion, and cost cutting. Fitch applies a deconsolidated
approach when assigning AES' ratings and Outlook, as it is an
investment holding company and finances its operations using
primarily non-recourse debt. Approximately 77% of AES's
consolidated debt was non-recourse as of Sept. 30, 2017.

Expanded Asset Sales Allow Further Debt Reduction: AES recently
announced a plan to increase its asset sale target to $2 billion
from $1 billion through 2020; half of which will be executed in
2018. The sale proceeds will be used primarily for debt reduction,
new investments and dividend growth. Since 2011, AES has repaid
approximately 31% of total recourse debt ($2 billion). In March
2017, AES repaid, through a tender offer, $300 million aggregate
principal of its existing 7.375% senior unsecured notes due in 2021
and 8% senior unsecured notes due in 2020, meeting its debt
reduction target for 2017. In 2016, AES repaid approximately $300
million recourse debt, exceeding its initial target of $200 million
for the year.

Diversified Portfolio: AES invests in a diverse portfolio of
regulated electric utilities and power-generating assets with
long-term contracts across four continents and 17 countries, which
Fitch considers its key credit strength. Investment diversity
mitigates macro- and microeconomic environment adversity that
affects local power sectors, and specific project operating risks.
The benefit of diversification was demonstrated in 2016 when AES
was able to increase distribution from other projects to offset
substantial reduction in distribution from AES Gener due to project
delays. Diversification and cash flow will continue to improve due
to project completion and new acquisitions. Approximately 2,976 MW
of new capacity was added in 2016. In 2017 and 2018, 2.7 GW is
expected to come online including the 1.3 GW coal plant in India
OPGC II (AES' share 49%) and IP&L's 671 MW Eagle Valley (AES' share
70%). From 2017 to 2020, 4,847 MW of new projects will be
completed. By 2020, these new projects will extend the remaining
average contract life to 10 years from six years.

Fitch views favourably AES' acquisition of 50% equity interest in
FTP Power LLC (sPower). It is consistent with its strategy to
expand renewable footprint in the U.S. The sPower portfolio
includes 1.3 GW of solar and wind projects operating in the U.S.
that have contracts with 21-year average remaining life with
high-investment grade offtakers and potential 10 GW of development
projects. The transaction closed in July 2017, largely funded by
the revolver, which is expected to be paid down in 2018. In the
third quarter of 2017, AES Tiete Energia SA acquired a 386 MW wind
farm Alto Sertao II in Brazil for $189 million, diversifying
Tiete's hydro portfolio, which has been struggling in the last few
years due to poor hydrology. The project has remaining contract
life of 18 years. The transaction was funded by local debt and
closed in the third quarter.

Alto Maipo Making Progress: Although the hydro project Alto Maipo
in Chile is experiencing construction delays and cost overrun, AES'
diversified investment portfolio has mitigated distribution
shortfall from AES Gener, a sponsor of Alto Maipo. In July, 2017,
Alto Maipo terminated the one of the two contractors Constructora
Nuevo Maipo S.A. (CNM) due to contract breaches. The termination
caused the construction debt to be in technical default and become
current. On November 27, AES Gener announced that Strabag Spa.
(Strabag) has agreed to assume the tunnel construction work under a
fixed-price lump sum contract. AES Gener is currently negotiating
with the lenders to complete the financial restructuring by first
half of 2018. The new completion date is estimated to be in the
2020 and 2021 time frame. Due to restructuring at Alto Maipo, AES
Gener, which is 67% owned by AES and holds 93% equity ownership in
the project, reduced distribution to AES substantially in 2016.
Nevertheless, in 2016, AES met its distribution target by
increasing distribution from other projects. In 2017, as two new
projects in Chile came online in 2016 and AES Gener's financial
strength remains strong, Fitch expects that distribution from AES
Gener will likely increase from the low level in 2016 despite the
ongoing financial restructuring at Alto Maipo.

IPL and IPALCO

Positive Outlook: The rating affirmation and Positive Outlook
reflect Fitch's expectations that the Eagle Valley combined cycle
gas turbine (CCGT) plant (Eagle Valley CCGT) will be operational in
the first half of 2018 and that a base rate case filing is
forthcoming, for which Fitch expects a reasonable outcome. At that
time, IPL and IPALCO will likely be strongly positioned for their
ratings as a fully regulated utility and holding company in a
supportive jurisdiction. The two entities could be upgraded with a
Stable Outlook when a reasonable rate case order associated with
the CCGT plant appears probable. The 671 MW plant is currently 99%
complete and is in the commissioning phase. It is expected to be
operational in the first half of 2018. IPL plans to file a rate
case by the end of the year 2017. The initial commercial operation
date of April 30, 2017 was pushed to first half of 2018 due to
construction delays, which caused regulatory lag as IPL withdrew
its base rate case filing in December 2016 due to project
incompletion.

Cleaner Generation: IPL's generation fuel diversity has
substantially improved in the last 10 years through new build and
retirements. In 2007, 79% of its generation capacity was from coal,
14% natural gas, 7% oil. In 2016, IPL's fuel mix including
purchased power was comprised of 50% coal, 34% gas, 12% wind and
solar and 2% oil. With the Eagle Valley CCGT plant coming online in
2018, the composition will be 42% coal, 47% natural gas, 10% wind
and solar and 1% oil.

Declining Capex: By mid-2018, IPL will complete a large capex
program to retrofit most of its economical coal-fired electricity
generation units with the new emission control equipment and to
build the CCGT at Eagle Valley as a replacement for its retired
generating capacity. In the next three years, capex is expected to
total $680 million or $230 million per year, compared with over
$600 million annually from 2015 to 2016. Out of the $680 million,
$130 million will be spent in environmental capex and growth capex,
$550 million in maintenance capex. The declining capex needs and
the expected cost recovery should meaningfully improve its credit
profile.

Supportive Regulation: IPL benefits from the stable regulatory
environment in Indiana. IPL has minimal commodity price exposure
due to a regulatory pass-through mechanism that allows the utility
to recover fuel and purchased power costs on a timely basis.
Legislative measures exist for IPL to recover environmental
compliance related investments in a timely manner. Even with the
installation of new emission controls, the long-term environmental
policy challenges to coal-fired generation remain a threat to the
long-term viability of these assets. In assigning the IDR, Fitch
relies on Environmental Compliance Cost Recovery Adjustment (ECCRA)
and the Indiana Senate bills 29 and 251 to reduce regulatory lag
partially. The Senate bills allow the recovery of federally
mandated environmental compliance costs and the installation of
clean coal technologies reducing airborne emissions associated with
the use of coal. The Transmission, Distribution and Storage System
Improvement Charge (TDSIC) statute provides for cost recovery
outside of a rate case proceeding for new or replacement for gas or
electric safety, reliability and modernization. The statute
requires a seven-year plan of eligible investments. Once the plan
is approved by the Indiana Utility Regulatory Commission (IURC), 80
percent of eligible costs can be recovered using a periodic rate
adjustment mechanism. IPL's last electric rate case order was
constructive. In March 2016, IPL received the regulatory approval
for its first electric rate case since late 90s which allows for
annual revenue requirement increase of $30.8 million with an ROE of
9.85%. The order also, among other things, authorized IPL to
collect $117.7 million of previously deferred regulatory assets
related to IPL's participation in MISO over 10 years. Rates became
effective in April 2016.

Rating Constraint for IPL: IPL's standalone credit metrics are
strong for its rating given the low-risk business profile and
moderate capital structure. However, its rating is upward
constrained by IPALCO and is only one notch above IPALCO. IPL is
the sole source of dividend for IPALCO. IPALCO's parent level debt
represents approximately 32% of total debt as of Dec. 31, 2016.
Fitch views IPALCO's consolidated leverage as a primary rating
driver for both companies, along with IPALCO's reliance on IPL to
support debt-service and upstream dividend to AES, and the
subordination of IPALCO's debt to that of IPL's debt. Stability of
upstream cash flow from IPL and a constructive regulatory
environment in Indiana partially alleviate the credit concerns
arising from high leverage at IPALCO.

IDR Not Linked to AES: The terms of IPALCO's notes provide a
reasonable degree of separation between IPALCO and AES. IPALCO's
total debt is limited to $1.2 billion ($810 million currently
outstanding). The ratio of IPALCO's EBITDA to interest must exceed
2.5x, and debt cannot exceed 67% of total capitalization on an
adjusted basis to make a distribution or intercompany loan to its
parent, according to IPALCO's articles of incorporation. Changing
the articles of incorporation would require AES approval, IPALCO
board approval, and filing the revision with the secretary of
state. Caisse de depot et placement du Quebec, the 30% equity owner
of IPALCO, maintains two seats on the board. IPALCO and IPL
maintain separate identities from AES and do not mingle their cash
with that of AES. These factors separate the ratings of IPALCO and
IPL from the IDR of AES.

DERIVATION SUMMARY

AES' ratings and Outlook benefit from a large and diversified asset
portfolio, relative to its peers Contour Global, L.P. (CGLP,
BB-/Stable), NextEra Energy Partners L.P. (NEP, BB+/Stable) and
TerraForm Power Operating LLC. (TERPO, BB-/Stable). AES owns and
operates 27 GW of generation assets (AES' share), compared to
CGLP's 4 GW, NEP's 2.8 GW of generation and 4Bcf of pipeline assets
and TERPO's 2.6 GW. Quality of AES' portfolio is similar to that of
CGLP but less favorable than NEP and TERPO in terms of fuel mix,
contract length and country risks. Unique among its peers, AES has
demonstrated a history of stable project distributions and
progressive debt reduction leading to steadily improving credit
metrics. AES's leverage ratio is expected to average approximately
4x in the next three years, stronger than NEP and TERPO while
CGLP's credit metrics will continue to evolve as it begins to
distribute dividend and define its capital structure.

IPL is well positioned relative to its peers. IPL is about the same
size in terms of operating EBITDA and has similar fuel mix as
Indiana Michigan Power (IMP, BBB/Stable) and Northern Indiana
Public Service Corp (NIPSCO, BBB/Stable). Similar to IMP and
NIPSCO, IPL benefits from supportive regulatory and business
environment in Indiana. However, IMP is more geographically
diversified, and NIPSCO's gas LDC operations are considered more
superior to IPL's integrated electric-only operations. IPL's
leverage ratios are stronger than those for IMP. IPL produced
adjusted debt-to-operating EBITDAR of 3.7x in 2016 compared with
IMP's 4.7x. However, IPL's rating is upward constrained by its
highly levered parent IPALCO.

IPALCO and NiSource Inc. (NI, BBB/Stable) both benefit from
Indiana's supportive business environment. However, IPALCO's
operating assets are less diversified, concentrating in integrated
electric generation in Indiana, whereas NI operates both gas and
electric regulated utilities in seven states. Gas distribution
companies are NI's primary operations and have no exposure to
environmental control mandates. NI's superbly low operating risks
drive the notching difference from IPALCO.

KEY ASSUMPTIONS

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

AES:
-- Repay revolver borrowing of approximately $340 million in
    2018;
-- Repay certain amount of long-term debt from 2018 to 2020;
-- Asset sale proceeds of $1 billion in 2018;
-- New capacity coming online from 2017 to 2020 totals 4,847 MW.

IPALCO and IPL:
-- 680 million capex from 2017-2019 ($130 million in
    environmental and growth capex, and $550 million in
    maintenance capex);
-- Eagle Valley CCGT comes online in the first half of 2018; File

    rate case by end of year 2017 with new rates effective in
    2019.

RATING SENSITIVITIES

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

-- AES could be upgraded if recourse debt-to-APOCF ratio declines

    below 4.2x and the APOCF interest coverage ratio improves to
    4.5x on a sustainable basis;
-- If AES continues to reduce its operating risks by exiting
    merchant coal generation, increasing long-term contracted
    earnings, and increasing its footprint in United States;
-- IPACLO and IPL can be upgraded if the Eagle Valley CCGT plant
    becomes operational in the first half of 2018 as expected and
    if a reasonable base rate order associated with the recovery
    of the plant is forthcoming, such that IPALCO's consolidated
    debt to EBITDAR improves to and sustains below 5x by 2020.

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

-- AES's ratings and Outlook could be pressured if it fails to
    achieve recourse debt-to-APOCF lower than 5x and
    APOCF/interest higher than 3x and on a sustainable basis;
-- A change in AES's strategy to invest in more speculative, non-
    contracted assets or material decline in cash flow from
    contracted power generation assets could lead to negative
    rating actions;
-- If AES's construction projects experience additional
    unexpected cost overrun or delays that require material equity

    injection;
-- If AES increases shareholder distributions (dividends and
    share buybacks) substantially beyond the public disclosure and

    Fitch's current expectations, rating could also be pressured;
-- If AES executes merger and acquisition transactions funded
    largely with recourse debt, causing its credit metrics to
    breach the guideline ratios above;
-- Fitch would consider negative rating action on IPALCO in the
    event of certain adverse regulatory development, such as
    materially negative rate case outcome or lag associated with
    the Eagle Valley CCGT, causing IPALCO's adjusted debt-to-
    operating EBITDAR to sustain above 6x with low probability to
    recover.

LIQUIDITY

AES continues to have strong liquidity as a result of its
disciplined capital allocation and active management of debt
maturities, a credit positive. Management targets $500 million to
$700 million of minimum liquidity after capital allocation. From
2011 to 2016, the actual liquidity have been comfortably exceeding
the target, ranging from $900 million $1.2 billion. In the next few
years, distribution from operating assets and asset sale proceeds
are expected to be sufficient to cover cash needs from recourse
debt repayment, interest expense, equity investments and
dividends.

On Sept. 30, 2017, AES had $81 million in cash and equivalents, and
$551 million was available under its $1,100 million senior secured
revolving credit facilities maturing July 2021 ($800 million) and
June 2020 ($300 million). As of Sept. 30, 2017, AES had $5 billion
in recourse debt and $17 billion non-recourse debt. In March 2017,
AES repaid, through a tender offer, $300 million aggregate
principal of its existing 7.375% senior unsecured notes due in 2021
and its existing 8% senior unsecured notes due in 2020. Its next
recourse debt maturity will be $228 million 8% senior unsecured
notes due in June 2020.

IPL has an unsecured revolving credit facility of $250 million due
in October 2020. It includes an uncommitted $150 million accordion
feature to provide IPL with an option to request an increase in the
size of the facility at any time prior to October 16, 2019, subject
to approval by the lenders. As of Sept. 30, 2017, IPALCO had $9.2
million cash, and IPL had $17.1 million cash and $129.5 million
revolver available. IPL doesn't have any maturities until $90
million of unsecured notes due in December 2020. IPALCO's $400
million senior secured notes due in May 2018 was refinanced in
August 2017 by issuing $405 million senior secured notes due in
2024. IPALCO's next maturity will be $405 million senior secured
notes due in 2020.

FULL LIST OF RATING ACTIONS

Fitch has upgraded the following ratings with a Positive Outlook:

AES Corporation
-- Long-Term IDR to 'BB' from 'BB-';
-- Senior secured debt to 'BBB-'/'RR1' from 'BB+'/'RR1';
-- Senior unsecured debt to 'BB+'/'RR3' from 'BB'/'RR3'.

Fitch affirmed following ratings with a Positive Outlook:
-- Short-Term IDR at 'B';

Fitch affirmed the following rating with a Positive Outlook:

IPALCO Enterprise, Inc.:
-- Long-Term IDR at 'BB+';
-- Senior secured debt at 'BB+'/'RR2'.

Indianapolis Power and Light Company:
-- Long-Term IDR at 'BBB-';
-- Senior secured debt at 'BBB+';
-- Senior secured tax-exempt pollution control bonds at 'BBB+';
-- Preferred stock at 'BB+'.


AGFC CAPITAL: Fitch Puts CCC Securities Rating on Watch Positive
----------------------------------------------------------------
Fitch Ratings has placed AGFC Capital Trust I's trust preferred
securities on Rating Watch Positive following the publication of
Fitch's exposure draft regarding its Non-Bank Financial
Institutions Rating Criteria, which contemplates the introduction
of '+' and '-' modifiers at the 'CCC' rating category. The exposure
draft was published on Dec. 12, 2017, after which Fitch is
soliciting market feedback until January 31, 2018. Thereafter,
Fitch will publish finalized criteria and resolve the Rating Watch
status of affected securities within a reasonably short time
frame.

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 Finance Corporation (Springleaf,
Issuer Default Rating [IDR] 'B'/ Outlook Positive), an operating
subsidiary of OneMain Holdings, Inc. (OneMain, IDR 'B'/Outlook
Positive). 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 'RR6' Recovery Rating,
which implies a stressed recovery of 0% to 10%.

OneMain and Springleaf's ratings are otherwise unaffected by this
rating action.

KEY RATING DRIVERS - TRUST PREFERRED SECURITIES

The Rating Watch Positive reflects Fitch's expectation that the
AGFC Capital Trust I trust preferred securities would be upgraded
by one notch if the updated criteria is finalized as proposed. The
upgrade would reflect revised notching between IDRs and issue-level
ratings, as a function of the Recovery Ratings for a given issue,
taking into account the addition of '+' and '-' modifiers.

RATING SENSITIVITIES- TRUST PREFERRED SECURITIES

Fitch expects to resolve the Rating Watch in February 2018,
following the conclusion of the exposure draft comment period and
publication of the finalized criteria. If the proposed 'CCC' rating
modifiers and the notching between IDRs and issue-level ratings are
adopted as proposed, the AGFC Capital Trust I trust preferred
securities would be upgraded to 'CCC+' from 'CCC'. If the proposed
'CCC' rating modifiers and the notching between IDRs and
issue-level ratings are not adopted as proposed, the ratings would
be removed from Rating Watch Positive and otherwise unaffected.

Aside from the aforementioned proposed criteria change, 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.

The primary applicable criteria remains the current NBFI criteria
(published on March 10, 2017).

Fitch has placed the following ratings on Ratings Watch Positive:

AGFC Capital Trust I
-- Trust preferred securities 'CCC/RR6'.

Existing ratings on OneMain and affiliated entities are as
follows:

OneMain Holdings, Inc.
-- Long-Term IDR 'B'.

Springleaf Finance Corp.
-- Long-term IDR 'B';
-- Senior unsecured debt of 'B'/'RR4'.

OneMain Financial Holdings, LLC
-- Long-Term IDR 'B';
-- Senior unsecured debt 'B+'/'RR3'.

The Rating Outlook is Positive.


AHMAD SALEHZADEH: DiFusco Buying White Plains Property for $61K
---------------------------------------------------------------
Ahmad Salehzadeh asks the U.S. Bankruptcy Court for the Southern
District of New York to authorize the sale of his right, title and
interest in shares in a cooperative association related to real
property located at 10 North Broadway, Unit 4G, White Plains, New
York to Vittorio A. DiFusco for $61,000.

At the time of the Chapter 11 filing, the Debtor's assets, other
than his residence, consisted chiefly of interests in various
Subway franchises and six apartments in White Plains including the
Unit 4G.  His financial reverses were caused by a combination of
factors, most notably setbacks in his business, tax issues based
upon an audit and the general downturn in the economy.  The
Debtor's only other significant asset is his home in Greenwich,
Connecticut where he resides with his extended family.  He has
entered into a loan modification with Nationstar Mortgage, LLC to
reduce the burden of his monthly mortgage-payments, which the Court
approved on Nov. 14, 2016.

The Debtor intends to file an Amended Plan of Reorganization and a
Disclosure Statement.  The Plan is proposed jointly by the Debtor
and the five of his corporations that have filed their own
bankruptcy petitions and is predicated upon the sale of all six of
the apartments and of each of the five Subway franchisees.  The
Court has already approved the sale of the Debtor's interests in 5
other apartments and such sales have been consummated.

The Apartment was acquired by the Debtor in or about 2005 as an
investment.  The Apartment is a studio, which was purchased as an
investment at the time that the building converted from a rental
building to a cooperative apartment.  The Debtor owns 216 shares
which are allocated in the Apartment.  There is no mortgage
outstanding on the Apartment.  Upon information and belief, the
monthly maintenance fees have been paid and no amounts are overdue.


The Debtor and the Buyer entered into the Contract of Sale for the
sale of the Apartment for $61,000 free and clear of all claims with
$6,100 deposit.

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

      http://bankrupt.com/misc/Ahmad_Salehzadeh_192_Sales.pdf

The Debtor needs the proceeds of the sale to fund the Plan.  The
sale will generate proceeds that exceed any liens on the Apartment,
which the Debtor believes is limited to the Cooperative BAORD.
After paying off the obligations that underlie the respective liens
and all customary closing-costs, including recording fees and
attorney's fees, as Well as the 5% brokerage commissions subject to
Court approval, the proceeds of the sales will be cash in the
Estate for distribution as provided for in the Plan.

The Debtor asks authority to pay reasonable and ordinary closing
costs and the Broker's commissions at the closing.  The amount
sought by the broker (5%) is fair and reasonable and is standard in
the industry.  It is noteworthy that an application for the
approval of the Broker's commissions with respect to the other 5
apartments is scheduled for the return date of the Motion.  The
Debtor will be moving for the Broker's retention.

The Purchaser:

          Vittorio A. DiFusco
          76 Jennifer Lane
          Mahopac, NY 10541

The Purchaser is represented by:

          Howard Rosenberg, Esq.
          KREINCES & ROSENBERG
          900 Merchanis Concourse, Suite 305
          Westbury, NY 11590
          Telephone: (516) 227-6500
          E-mail: howard@kreesq.com

Greenwich, Connecticut-based Ahmad Salehzadeh sought Chapter 11
protection (Bankr. S.D.N.Y. Case No. 14-22666) on May 14, 2014.

The Debtor's attorney:

         PENACHIO MALARA LLP
         Anne Penachio, Esq.
         235 Main Street
         White Plains, New York 10601
         Tel: (914) 946-2889


ALBAUGH LLC: S&P Lowers Senior Secured Debt Rating to 'BB-'
-----------------------------------------------------------
Ankeny, Iowa-based agrochemical producer Albaugh LLC plans to
increase the size of its proposed senior secured term loan by $25
million to $350 million, and upsize its revolving credit facility
to $125 million from $100 million. The company plans to use
proceeds from the new debt issuance to fully repay its outstanding
term loan due 2021, and use the remainder to repay foreign credit
lines and for general corporate purposes.

S&P Global Ratings lowered its issue-level ratings on Albaugh LLC's
senior secured credit facilities to 'BB-' from 'BB' and revised its
recovery ratings on the facility to '2' from '1'. The '2' recovery
rating indicates S&P's expectation of substantial (70% to 90%
range; rounded estimate: 85%) recovery in the event of a payment
default. The lower recovery expectations reflect an increase in
senior secured debt.

The corporate credit rating remains 'B+'. The outlook is positive.
The revision of the senior secured recovery rating to '2' from '1',
which results in lower issue-level ratings, is due to the modest
increase in secured debt from the proposed transaction. Although
Albaugh will use a substantial portion of proceeds to repay
existing secured debt, the transaction will result in a modest net
increase in secured debt, leading to a modest decrease in expected
recovery.

S&P said, "The positive outlook reflects our expectation that if
the company is able to maintain improved margins, there is at least
a one-in-three chance for an upgrade within the next 12 months. We
expect the company to continue to benefit from higher volumes and a
favorable shift in product mix, which should support higher margins
than the company generated historically. We expect demand for the
company's chemicals should benefit from the pipeline of products
expected to come off patent over the next few years. We believe the
company is positioned to pursue its growth strategy while
maintaining adequate liquidity and improving FFO to total debt to
about 20% on a weighted-average sustainable basis over the next two
years. Our base-case scenario assumes that management will not
pursue large debt-funded acquisitions or dividend distributions and
will continue to adhere to financial policies that are consistent
with how it has operated the company historically.

"We could raise the rating within the next 12 months if the company
sustains or improves its level of earnings achieved thus far in
2017, such that FFO/debt exceeds 20% on a weighted-average
sustainable basis. Based on our upside scenario forecast, we could
consider a higher rating if revenue grows in excess of 10% while
EBITDA margins are sustained at 2016 levels. Additionally, we would
need to gain more clarity regarding the company's growth
initiatives and future financial policies, before considering a
higher rating.

"We could revise the outlook to stable within the next 12 months if
the company's profitability is harmed by factors such as
unfavorable pricing swings, unfavorable weather patterns affecting
volumes, or unfavorable currency impacts. If such conditions led to
a decline in EBITDA margins of 200 basis points from 2016 levels,
we would expect that FFO to total debt would remain below 20% on a
sustained basis. We could also lower the rating if, against our
expectations, the company's financial policies suddenly became more
aggressive."


ALERIS INT'L: Moody's Puts B3 CFR on Review for Downgrade
---------------------------------------------------------
Moody's Investors Service placed Aleris International Inc's B3
Corporate Family rating (CFR), B3-PD Probability of Default Rating,
B2 senior secured rating and Caa2 senior unsecured rating under
review for downgrade. The SGL-3 Speculative Grade Liquidity rating
was affirmed.

The following rating actions were taken:

On Review for Downgrade:

Issuer: Aleris International Inc.

-- Probability of Default Rating, Placed on Review for Downgrade,

    currently B3-PD

-- Corporate Family Rating, Placed on Review for Downgrade,
    currently B3

-- Senior Secured Regular Bond/Debenture, Placed on Review for
    Downgrade, currently B2 (LGD3)

-- Senior Unsecured Regular Bond/Debenture, Placed on Review for
    Downgrade, currently Caa2 (LGD5)

Outlook Actions:

Issuer: Aleris International Inc.

-- Outlook, Changed To Rating Under Review From Developing

Affirmations:

Issuer: Aleris International Inc.

-- Speculative Grade Liquidity Rating, Affirmed SGL-3

RATINGS RATIONALE

The review for downgrade results from Aleris' weakening performance
over the course of 2017 on softness in certain end markets, such as
aerospace in Europe due to supply chain destocking, and automotive
due to delayed model launches. In addition, while the construction
markets on North America continue to evidence an improving trend,
it remains lumpy. As a consequence, metric tons shipped are down
about 3.6% through September 30, 2017 versus the 2016 period. These
conditions are expected to continue into the 4th quarter and the
company estimates EBITDA for this quarter to be less than the
comparable 2016 quarter, which was as reported by the company $42.8
million and includes the add back of $15.5 million in start-up
costs relating to the construction and start-up of the automotive
body sheet facility in Lewisport, Kentucky. Earnings performance in
2017 has also been impacted by the outage at Lewisport for upgrades
on the hot mill and to accommodate the auto body sheet production.
The company began shipping automotive products from Lewisport in
November 2017 and the facility continues to ramp up. The ongoing
investment in this production facility and weaker performance
contributes to negative free cash flow, which has been met by
increased debt. As a consequence of the weaker operating
environment and increased debt, debt protection coverage has
weakened and leverage increased as reflected by the LTM September
30, 2017 EBIT/interest ratio of 0.1x and debt/EBITDA of 13.9x as
per Moody's standard adjustments and not adding back the start-up
costs. Even should such be added back for the twelve month period,
leverage would remain high at roughly 9.3x.

The review will focus on the business outlook and the ability to
achieve better performance in the North American, European and Asia
as well as the growth expectations for the automotive body sheet
roll out and over what time frame and the overall time frame for
leverage, as measured by the debt/EBITDA ratio to improve to at
least 6x. The review will also focus on the company's strategic
growth objectives and how such will be funded following the
expiration of the merger agreement between Aleris and Zhongwang USA
LLC in November and on the liquidity available to meet ongoing
working capital and requirements. The reduction in capital
expenditures and the receipt of customer capacity reservation fees
in the fourth quarter of 2017 or first quarter of 2018 will benefit
liquidity.

Headquarter in Beachwood, Ohio, Aleris is a global aluminum rolled
products company with operations in North America, Europe and
China. For the twelve months ended September 30, 2017, the company
reported revenues of $2.8 billion.

The principal methodology used in these ratings was Steel Industry
published in September 2017.


ALLURE NAIL: Taps Krigel & Krigel as Legal Counsel
--------------------------------------------------
Allure Nail Supply, LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Missouri to hire Krigel & Krigel,
P.C. as its legal counsel.

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

The firm's hourly rates are:

     Sanford Krigel        $350
     Erlene Krigel         $275
     Paul Hentzen          $275
     Karen Rosenberg       $225
     Steve Braun           $225
     Kelsey Nazar          $225
     Dana Wilders          $225
     Lara Pabst            $225
     Christopher Smith     $225

Legal assistants charge an hourly fee of $75 for their services.

Erlene Krigel, Esq., disclosed in a court filing that no member of
the firm holds or represents any interest adverse to the Debtor's
estate.

The firm can be reached through:

     Erlene W. Krigel, Esq.
     Krigel & Krigel, P.C.
     4520 Main Street, Suite 700
     Kansas City, MO 64111
     Tel: (816) 756-5800
     Fax: (816) 756-1999
     Email: ekrigel@krigelandkrigel.com

                   About Allure Nail Supply LLC

Based in North Kansas City, Missouri, Allure Nail Supply, LLC is a
privately held company in the nail arts products distribution
business.  It offers CND, EZ Flow, Entity Beauty, Tammy Taylor
Nails, Cuccio, China Glaze, IBD, Color Club, LeChat, and much more.
It is a small business debtor as defined in 11 U.S.C. Section
101(51D) with gross revenue from sales amounting to $3.29 million
in 2016 and $5.36 million in 2015.

Allure Nail sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Mo. Case No. 17-43260) on December 1, 2017.
Cuong D. Nguyen, managing member, signed the petition.

At the time of the filing, the Debtor disclosed $434,240 in assets
and $1.71 million in liabilities.

Judge Brian T. Fenimore presides over the case.


AMRIT FREIGHT: Plan Payments Funded by Continued Freight Operation
------------------------------------------------------------------
Amrit Freight Transport, Inc., files with the U.S. Bankruptcy Court
for the Southern District of Indiana a Disclosure Statement
concerning its Plan of Reorganization, which contemplates payments
from its continuing freight operation.

The Plan provides for payment in full, and in cash, of all
administrative and priority claims. All U.S. Trustee quarterly fees
will be paid by the Debtor at Confirmation if not previously paid.

Class 19 will consist of the allowed unsecured non-priority claims,
including either the deficiencies or stripped lien claims of those
claimants asserting secured status. The unsecured claims total
approximately $1,000,000 among seventeen claimants including
deficiency claims of secured parties.

The unsecured creditors will receive a pro-rata share from the
aggregate amount of $25,000 to be paid in equal annual installments
of $5,000 over a five-year period commencing on the first
anniversary of the Confirmation Date.

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

            http://bankrupt.com/misc/ianb17-05924-112.pdf

                 About Amrit Freight Transport, Inc.

Amrit Freight Transport Inc is a licensed and bonded freight
shipping and trucking company running freight hauling business from
Indiana.  

Amrit Freight Transport, Inc., based in Indianapolis, IN, filed a
Chapter 11 petition (Bankr. S.D. Ind. Case No. 17-05924) on August
8, 2017.  The Hon. Robyn L. Moberly presides over the case. David
R. Krebs, Esq., at Hester Baker Krebs LLC, 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
Jatinder Singh, president.


ATHANAS FENCE: Amended Disclosure Statement Gets Court's Final Nod
------------------------------------------------------------------
Judge Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois issued an order approving Athanas
Fence Co., Inc.'s amended proposed disclosure statement dated Sept.
15, 2017.

The Troubled Company Reporter previously reported that Class III
non-insider general unsecured claimants will be paid 35% of their
claim over the course of the Plan. Payments are to be made
semi-annually commencing the later of Dec. 15, 2017, or 30 days
after the appeal period has expired on the Order Confirming Plan.
Class III is impaired.

A full-text copy of the Amended Disclosure Statement dated
September 15, 2017, is available at:

     http://bankrupt.com/misc/ilnb17-03883-54.pdf  

                 About Athanas Fence Co.

Athanas Fence Co., Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ill. Case No. 17-03883) on Feb. 10,
2017.  The petition was signed by James J. Athanas, president.  The
Debtor estimated assets of less than $50,000 and liabilities of
less than $500,000.  The case is assigned to Judge Timothy A.
Barnes.  The Debtor is represented by Joseph E. Cohen, Esq., at
Cohen & Krol.


ATHLETIC COMMUNITY: JSIA Seeks Appointment of Chapter 11 Trustee
----------------------------------------------------------------
Jersey Shore Ice Arena, LLC, as successor to Bancorp Bank asks the
U.S. Bankruptcy Court for the District of New Jersey to direct the
U.S. Trustee, after consultation with Jersey Shore, to appoint one
disinterested person as chapter 11 trustee in the bankruptcy case
Athletic Community Team, LLC.

Jersey Shore relates that Oleg Shnayderman is Debtor's sole owner
and is in control of Debtor, and in that position, Mr. Shnayderman
has consistently preferred himself, his affiliate companies and
family over Debtor???s creditors. Based on Debtor???s own flawed
schedules, the Debtor is clearly insolvent throughout 2016 and
2017.

Jersey Shore claims that equity among creditors is the core
principle of bankruptcy. Yet, Jersey Shore avers that the Debtor
has violated that principle every day since commencement of this
case by paying Max Advance LLC and Cash Cow Capital post-petition
on its pre-petition debt since the Debtor is paying these unsecured
lenders back post-petition by sending every business day ACH
payments -- $724 to Max Advance, LLC and $467 to Cash Cow Capital
-- the Debtor has paid or a total of $25,011.

Jersey Shore asserts that the Debtor has failed to produce records
reflecting alleged prepetition loans and rental payments from,
Monmouth Youth Hockey Association ("MYHA") -- whose teams play
under the name Jersey Shore Wildcats -- which payments Mr.
Shnayderman, the Debtor's principal and the president of MYHA,
testified about at the October 6, 2017 hearing.

Jersey Shore asserts that if the Debtor is attempting to satisfy
MYHA's pre-petition debt by allowing its teams to skate
post-petition without further payment, then, again, the Debtor is
violating this principle. Based on the Joint Venture Agreement
between the Debtor and MYHA (which was signed by Mr. Shnayderman on
behalf of MYHA), Mr. Shnayderman let his MYHA teams pay far less
than the market rate. The rental rate at which MYHA could use the
Property ranged from a third to a half less than what Debtor
charged other, unaffiliated parties to rent ice at the Property
($275/hour for MYHA teams compared to $325-$470/hour for other
teams).

Jersey Shore asserts that the Debtor (through Shnayderman) has
continued post-petition to flout its duty of loyalty, particularly
by allowing Mr. Shnayderman's twenty-six MYHA teams to use the
property and the cash collateral necessary to run it without
requiring any post-petition payment for its use. Jersey Shore
argues that the Debtor could be and should be finding entities that
will pay for rental of Debtor???s Property. But Jersey Shore
believes that this is not occurring because of Shnayderman's
loyalty is to his Wildcat teams of MYHA.

Jersey Shore claims that the Debtor is not operating its business
for the benefit of all of its creditors or in a manner to maximize
the value of its assets since it failed to charge rents
post-petition for the use of its property, which constitutes breach
of its fiduciary duty to all creditors and constitutes gross
mismanagement.

Notwithstanding its fiduciary duty towards its creditors, Jersey
Shore claims that the Debtor also failed to pay its secured
creditors (Jersey Shore and Township of Wall) and instead paid Mr.
Shnayderman, his various affiliates and family. Jersey Shore
asserts that in 2016 and 2017 through September 5, the Debtor paid
Mr. Shnayderman, his entities and family over $168,000 -- $163,195
of those payments was made within one year of the Debtor filing
bankruptcy.

Jersey Shore asserts that all of those payments are subject to
avoidance under Section 547 of the Bankruptcy Code, and this
pattern of consistent self-dealing -- both pre- and post-petition
-- is sufficient cause to appoint a trustee.

In addition, paramount among Debtor's obligations as a
debtor-in-possession is "complete disclosure" by the Debtor of all
of its assets, liabilities, financial transactions both pre and
postpetition. However, to date, Jersey Shore claims that the Debtor
has violated this Bankruptcy Code obligation too by failing to
produce even the most basic financial information from which CBIZ
can conduct a meaningful and complete audit.

In addition to the significant disrepair and public safety risks
into which the Debtor has steered the Property, Debtor has failed
to properly account for the payment of past due real estate taxes
(contrary to Mr. Shnayderman's October 6, 2017 testimony). The 2017
real estate taxes total $164,824.97 which monthly comes to
$13,500.00 in real estate taxes accruing each month. In addition,
interest is continuing to accrue on past due real estate taxes from
2016 and 2017 of $338,228.90. The unpaid real estate taxes and
accruing interest thereon are a prior lien against the Property
which devalues Jersey Shore???s collateral with every passing day.

Thus, Jersey Shore, which has a perfected lien on all of Debtor's
assets and a secured claim in excess of $16 million, justifiably
has no confidence in the Debtor for all the foregoing reasons.
Under such circumstances, Jersey Shore asserts that the appointment
of a trustee is in the best interest of all parties.

Given Debtor's consistent practice of self-dealing and favoring Mr.
Shnayderman, his affiliates and family over its creditors, Jersey
Shore asserts that the Court should appoint a Chapter 11 Trustee.
Jersey Shore asserts that the Court should not allow the Debtor to
continue to dissipate and erode the value of the Debtor???s assets
to the detriment of not only Jersey Shore but all other creditors
of this estate.

Attorneys for Jersey Shore Ice Arena, LLC:

            Marita S. Erbeck, Esq.
            DRINKER BIDDLE & REATH LLP
            600 Campus Drive
            Florham Park, NJ 07932-1047
            Telephone: (973) 549-7076
            Facsimile: (973) 360-9831

            -- and --

            Paula K. Jacobi, Esq.
            (admitted pro hac vice)
            BARNES & THORNBURG LLP
            One North Wacker Drive, Suite 4400
            Chicago, Illinois 60606
            Tel. (312) 214-4866
            Fax. (312) 759-5646

               About Athletic Community Team

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

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

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

No creditors' committee, trustee or examiner has been appointed in
the case.


BEACH DANS: Sale of Long Beach Business to Haque for $1M Approved
-----------------------------------------------------------------
Judge Ernest M. Robles of the U.S. Bankruptcy Court for the Central
District of California authorized Beach Dans, Inc.'s sale of the
assets, consisting of the leasehold improvements, furniture,
fixtures, equipment, smallwares, utensils, uniforms, dinnerware,
software, and franchise license, associated with said business for
Denny's #7211 restaurant located at 601 Long Beach Blvd., Long
Beach, California to Mohammed Haque or his assigns for $1,010,000
plus approximately $12,000 for inventory.

A hearing on the Motion was held on Dec. 5, 2017 at 10:00 a.m.

The Sale is free and clear of all liens, claims, interests and
encumbrances of any nature whatsoever.

The Sale to the Buyer must close by Jan. 3, 2018.  If the Sale to
the Buyer does not close by Jan. 3, 2018, the Debtor is authorized
to return the Buyer's $20,000 deposit (or $30,000 deposit if escrow
is opened and the Sale does not close for reasons other than the
Buyer's default).

If the Buyer does not close the Sale by Jan. 3, 2018, the Debtor
may close the Sale to back up bidder, New Caney, Inc. or its
assigns for $1,000,000 plus approximately $12,000 of inventory,
which Sale must close by Jan. 10, 2018, pursuant to substantially
the same terms and conditions in the Purchase Contract as amended
to reflect, among other things, the increased sales price.

If the Sale closes to the Buyer by Jan. 3, 2018, the Backup Buyer
is entitled to return of its non-refundable $50,000 deposit.  If
the Buyer does not close the Sale by Jan. 3, 2018, and if the
Backup Buyer does not close the Sale by Jan. 10, 2018 (through no
fault of the Debtor), the Debtor will retain the Backup Buyer's
non-refundable $50,000 deposit.

In the event the Buyer does not close the Sale by Jan. 3, 2018, and
the Backup Buyer does not close the Sale by Jan. 10, 2018, the
Debtor is authorized to sell the business to Denny's, Inc., a
Florida corporation, or its designee, pursuant to the Back-Up
Purchase and Sale Agreement attached to DFO, LLC and Denny's
Limited Opposition for $700,000 plus approximately $12,000 for
inventory with no contingencies, which will close on Jan. 17,
2018.

In the event the Debtor determines to sell the business to Denny's,
it will file a declaration demonstrating that Denny's is entitled
to the protections of Bankruptcy Code Section 363(m), accompanied
by a proposed order thereon.  The Court will review the declaration
and determine whether Denny's is a good faith purchaser within the
meaning of Bankruptcy Code Section 363(m).

The Debtor is authorized to pay any amounts owing to the EDD for
its recorded tax lien.  From the Sale closing, the Debtor's portion
of the escrow costs may be paid with the balance of the Sale
proceeds paid to Goe & Forsythe, LLP's Trust Account, which will
not be distributed without further order of the Court.

Pursuant to separate notice, only Meadowbrook has until Dec. 15,
2017, to oppose approval of the Sale with the holding date for a
hearing on any Meadowbrook opposition of Dec. 19, 2017 at 10:00
a.m., only in the event Meadowbrook files a timely opposition.

Notwithstanding Bankruptcy Rule 6004(h), the Order will be
effective and enforceable immediately upon entry and its provisions
will be self-executing and the 14-day stay period is waived.  In
the absence of any entity obtaining a stay pending appeal, the
Debtor is free to close under the Sale at any time.

                        About Beach Dans
  
Beach Dans, Inc., sought Chapter 11 protection (Bankr. C.D. Cal.
Case No. 17-22786) on Oct. 18, 2017.  Peter Yoon, president, signed
the petition.  The Debtor estimated assets in the range of $500,000
to $1 million and $1 million to $10 million in debt.  The case is
assigned to Judge Julia W. Brand.  The Debtor tapped Robert P. Goe,
Esq., and Charity J. Miller, Esq., at Goe & Forsythe, LLP, as
counsel.


BEAR FIGUEROA: PI Properties Buying Los Angeles Property for $3M
----------------------------------------------------------------
Bear Figueroa, LLC, asks the U.S. Bankruptcy Court for the Central
District of California to authorize the sale of its right, title
and interest in real property located at 10520 South Figueroa St.,
Los Angeles, California, and related rights, including security
deposits made by the tenants at the Property, furniture and
fixtures, and other personal property located on the Property, to
PI Properties for $3 million.

A hearing on the Motion is set for Dec. 28, 2017, at 11:00 a.m.

The Debtor owns the Property, a 21-unit apartment building.  The
Property is encumbered by a first mortgage in favor of Evergreen
Advantage, LLC and is serviced by FCI Lender Services Inc.  The
current balance of Evergeen mortgage is $2,377,136.  The loan
matured on Aug. 1, 2017.

The Debtor was in the process of refinancing the Evergreen mortgage
when it fell behind on its monthly payments beginning in Nov. 16,
2016.  Evergreen recorded a notice of default and a notice of
trustee's sale.  The foreclosure sale was scheduled for April 7,
2017.  The Debtor commenced its bankruptcy case to liquidate its
assets and pay-off debts.

The Buyer offered an initial amount $2,835,000 for the Property on
Dec. 6, 2017.  The Debtor made a counter-offer of $3 million
purchase the Property, free and clear of all liens, claims, and
interests, on Dec. 7, 2017 and the Buyer agreed.  The parties
entered into the Residential Income Property Purchase Agreement and
Joint Escrow Instructions for the sale of the Property.

The principal terms of the agreement are:

      a. The purchase price is $3,000,000 all cash.

      b. The Buyer has made a deposit of $100,000 into escrow upon
execution of the Agreement.

      c. The Property will be sold "as is, where is" with no
warranties or representations of any kind whatsoever.

      d. The Escrow is to close upon the Court's approval.

The Buyer is willing to pay for the Property in cash and in order
to have the sale on PI Properties' books for the 2017 fiscal year,
wants the sale to close within 15 days.  The Sale is subject to
Court approval.

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

    http://bankrupt.com/misc/Bear_Figueroa_127_Sales.pdf

The proposed sale will pay the first lienholder, Evergreen in the
full secured amount of $2,377,136, estimated payoff demand on Dec.
31, 2017.  The proceeds of the proposed sale will also payout the
second lienholder, Los Angeles County Tax Collector, in full in the
amount of $31,444.

The Debtor has been contacted by one party interested in acquiring
the Property, Salt Fish, Inc. in the amount of $2.6 million.  It
has not been contacted by any parties willing to bid more than $3
million for the Property.  Further, the Sale will result in
proceeds substantially in excess of those needed to pay all claims
against the Estate.  The Debtor submits that overbidding is not
necessary for the Sale to be in the best interests of the Estate,
and that the Sale to the Buyer without overbid if justified under
the circumstances.

The Debtor is not aware of any cure amounts that will be required
to be paid in order to assign these leases.  It may also be party
to certain executory contracts relating to utility services being
provided to the Property.  The Debtor asks to assign these
contracts, as well; to the extent the Buyer desires to acquire them
in connection with the Sale.

As the Debtor is a limited liability company, all income taxes
arising as a result of the Sale will be paid by its owners, and
will not become a liability of the Estate.

                       About Bear Figueroa

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

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

Judge Vincent P. Zurzolo presides over the case.

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

No creditors' committee has been appointed by the U.S. Trustee.


BETTYE RIGDON: Schroeders Buying Forth Worth Property for $225K
---------------------------------------------------------------
Bettye J. Rigdon asks the U.S. Bankruptcy Court for the Northern
District of Texas to authorize the sale of her residential real
property located at 7300 Overhill Road, Fort Worth, Texas to James
and Melissa Schroeder for $255,000.

Because the Debtor does not presently reside in or lease the
Property, she has no current need for the Property.  Until the
Property is sold, the Debtor must continue to maintain insurance on
it, pay property taxes and pay maintenance costs.  These costs
produce no corresponding benefit to her estate at this time.

The Property is encumbered by (i) liens in favor of Tarrant County
for 2016 and 2017 ad valorem taxes; (ii) a first-lien mortgage held
by U.S. Bank National Association and serviced by Ocwen Loan
Servicing, LLC; and by (iii) junior tax liens in favor of the
Internal Revenue Service.  Ocwen has filed a Proof of Claim in the
case for a secured claim in the amount of $64,174.  The Debtor
disputes the amount of Ocwen's claim and believes the correct
amount of Ocwen's claim as of the Petition Date was $46,554.

The Debtor asks the Court to compel Ocwen to execute and deliver an
appropriate Release of Liens to the closing agent, whether or not
Ocwen's allowed claim is paid in full at Closing, and compel the
IRS to execute and deliver an appropriate Partial Release of Liens
to the closing agent.

On Nov. 29, 2017, the Debtor entered into a standard form One to
Four Family Residential Contract (Resale) with the Buyers
concerning her Property.  Pursuant to the Sale Agreement, the
Debtor intends to sell the Property to the Buyers for a cash
purchase price of $255,000.  The Debtor proposes to sell the
Property free and clear of all liens, encumbrances, claims and
interests, with all such liens to attach to the proceeds of the
Sale with the same validity and priority to which they exist
against the Property, with the exception that if the Sale closes in
2018, the liens securing the payment of ad valorem taxes for the
year 2018 will remain attached to the Property.

Under the terms of the Sale Agreement, the Debtor will be
responsible for up to $3,825 of the Buyers' closing costs and will
be obligated to purchase a residential service contract in an
amount not exceeding $499.  The sale is contingent on the Buyers
obtaining third-party financing and on the sale of the Buyers'
current residence.  The option period under the Sale Agreement has
expired and the sale will be made "as is," as provided more fully
in the Sale Agreement.  The closing under the Sale Agreement is
expected to occur by Dec. 21, 2017.

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

    http://bankrupt.com/misc/Bettye_Rigdon_169_Sales.pdf

The Debtor proposes to disburse the sale proceeds in the following
manner:

      i. All closing costs and expenses associated with the Sale
for which the Debtor is obligated under the Sale Agreement will be
paid in full at Closing;

     ii. The broker commission equal to 6% of the purchase price
will be paid in full at Closing and split evenly between Tony
Culwell Real Estate and the Buyer's broker in accordance with the
Sale Agreement without further Order of the Court;

    iii. All ad valorem taxes assessed against the Property for the
years 2016 and 2017 will be paid in full at Closing to the extent
such amounts are agreed to by the Debtor and Tarrant County, with
any disputed portion to be reserved and held in trust by counsel
for the Debtor pending an agreement between the parties or further
Court Order ("Tarrant County Reserve");

     iv. The Ocwen claim will be paid in full at closing to the
extent such amount is agreed to by the Debtor and Ocwen, with any
disputed portion to be reserved and held in trust by counsel for
the Debtor pending an agreement between the parties or further
Court Order ("Ocwen Reserve"); and

      v. All proceeds of the Sale remaining after payment of the
described items will be disbursed to the IRS at Closing, and any
unused amount of the Tarrant County Reserve and Ocwen Reserve will
be paid to the IRS once those claims have been paid in full, to be
applied to the secured portion of the IRS claim.

The Debtor asks that the Court waive the 14-day stay period under
Bankruptcy Rule 6004(h).

The Purchaser:

           James and Melissa Schroeder
           5701 Belladonna
           Forth Worth, TX 76123

Bettye Jeanne Rigdon, Carousel Properties, LLC and and TLD Bar
Ranch, LP, sought Chapter 11 protection (Bankr. N.D. Tex. Case No.
16-44620 to 16-44622) on Dec. 2, 2016.  The Debtors' cases are
jointly administered under Case No. 16-44620.

Counsel for Bettye J. Rigdon:

           Jeff P. Prostok, Esq.
           Lynda L. Lankford, Esq.
           FORSHEY & PROSTOK, L.L.P.
           777 Main Street, Suite 1290
           Fort Worth, TX 76102
           Telephone: (817) 877-8855
           Facsimile: (817) 877-4151
           E-mail: jpp@forsheyprostok.com


BIG TIME HOLDINGS: Ch. 11 Trustee Hires Broderick as Accountant
---------------------------------------------------------------
Robert J. Musso, Esq., the Chapter 11 Operating Trustee of the
estate of Big Time Holdings, LLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of New York to employ
Joseph A. Broderick, CPA as the Trustee's accountant.

Services to be rendered by Broderick PC are:

      a. assist the Chapter 11 Trustee in compliance with
         Sec. 704(a)(8) of the Bankruptcy Code, to include
         preparing statement of receipts and disbursements,
         and other information as the United States
         trustee or the court requires;

      b. prepare partnership tax returns; and

      c. assist with other matters as the Trustee or
         counsel to the Trustee may request from time to
         time.

The Broderick Firm's customary hourly rates are:

     Partners                 $325.00
     Seniors                  $175.00
     Staff/Paraprofessionals  $ 90.00

Joseph A. Broderick, CPA attests that his firm does not hold or
represent any interest adverse to the Trustee, the estate or any
parties in interest or other parties in interest in this case, and
is a disinterested person to this estate as defined in 11 U.S.C.
Sec. 101(14).

The Accountant can be reached through:

     Joseph A. Broderick, CPA
     Joseph A. Broderick P.C.
     50 Vanderbilt Motor Pkwy
     Commack, NY 11725
     Phone: +1 631-462-1779

                    About Big Time Holdings, LLC

Big Time Holdings, LLC, filed a Chapter 11 petition (Bankr.
E.D.N.Y. Case No. 17-40960), on March 1, 2017. The petition was
signed by Andrew Jones, President.  At the time of filing, the
Debtor had both assets and liabilities estimated to be between
$100,000 to $500,000. The case is assigned to Judge Nancy Hershey
Lord. The Debtor is represented by David Y. Wolnerman, Esq. at
White & Wolnerman PLLC.


BOSSLER ROOFING: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Bossler Roofing, Inc.
           fdba Your Helping Hands, Inc.
        613 Industrial Street
        Lake Worth, FL 33461

Type of Business: Bossler Roofing, Inc. is a Lake Worth, Florida-
                  based roofing company owned by Christopher
                  Bossler.  The company offers installation
                  services of all roofing systems, concrete roof
                  tile restoration,  attic radiant and reflective
                  roof coating energy saving applications,
                  concrete tile and asphalt shingle "Cool Roof"
                  energy star installations, Henry Roof Certified
                  waterproofing (flat roof installation) services,
                  Poly-Foam Certified (Metro-Dade County approved
                  concrete and clay roof tile adhesive
                  application) installations, and all commercial
                  and residential roof repairs, from minor to
                  major leak penetrations.

                  http://bosslerroofing.com/

Chapter 11 Petition Date: December 12, 2017

Case No.: 17-24798

Court: United States Bankruptcy Court
       Southern District of Florida (West Palm Beach)

Judge: Hon. Paul G. Hyman, Jr.

Debtor's Counsel: Craig I Kelley, Esq.
                  KELLEY & FULTON, PL
                  1665 Palm Beach Lakes Blvd #1000
                  West Palm Beach, FL 33401
                  Tel: 561-491-1200
                  Email: craig@kelleylawoffice.com

Total Assets: $567,055

Total Liabilities: $1.06 million

The petition was signed by Christopher Bossler, president.

A full-text copy of the petition, along with a list of 20 largest
unsecured creditors, is available for free at
http://bankrupt.com/misc/flsb17-24798.pdf


BRAZIL MINERALS: May Issue 25 Million Shares Under 2017 Plan
------------------------------------------------------------
Brazil Minerals, Inc., filed a Form S-8 registration statement with
the Securities and Exchange Commission to register the issuance of
up to a total of 25,000,000 shares of common stock of the Company,
par value $0.001 per share, to certain of its eligible employees,
consultants and non-employee directors as restricted stock,
performance shares and other stock-based awards or upon the
subsequent exercise of any stock options granted under the 2017
Stock Incentive Plan.

The Registration Statement includes a reoffer prospectus and
contains the Form S-3 information required by General Instruction
C.1 for Form S-8.  The reoffer prospectus relates to the reoffer
and resale by Marc Fogassa, the Company's chief executive officer
and chairman of the Board of 5,000,000 shares of its Common Stock,
par value $0.001 per share, that may be issued by the Company upon
exercise of options issued to the Selling Stockholder pursuant to
the Brazil Minerals, Inc. 2017 Stock Incentive Plan.  The shares
are being reoffered and resold for the account of the Selling
Stockholder and we will not receive any of the proceeds from the
resale of the shares.

The Selling Stockholder has advised the Company that the resale of
his shares may be effected from time to time in one or more
transactions on the OTC Bulletin Board, in negotiated transactions
or otherwise, at market prices prevailing at the time of the sale
or at prices otherwise negotiated.  The Company will bear all
expenses in connection with the preparation of this prospectus.

Brazil Mineral's Common Stock is traded on the OTCPink.  On Dec. 7,
2017, the closing price for the Company's Common Stock, as reported
by otcmarkets.com, was $0.0045.

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

                      https://is.gd/4D8wjz

                     About Brazil Minerals

Based in Pasadena, California, Brazil Minerals, Inc. --
http://www.brazil-minerals.com/-- mines and sells diamonds, gold,
sand and mortar in Brazil.  The Company, through subsidiaries,
outright or jointly owns 11 mining concessions and 20 other mineral
rights in Brazil, almost all for diamonds and gold.  The
Company, through subsidiaries, owns a large alluvial diamond and
gold processing and recovery plant, a sand processing and mortar
plant, and several pieces of earth-moving capital equipment used
for mining as well as machines for sand processing and preparation
of mortar.

Brazil Minerals reported a net loss of $1.73 million on $13,323 of
revenue for the year ended Dec. 31, 2016, compared to a net loss of
$1.87 million on $63,610 of revenue for the year ended Dec. 31,
2015.  As of Sept. 30, 2017, Brazil Minerals had $1.32 million in
total assets, $1.63 million in total liabilities and a total
stockholders' deficit of $314,149.

B F Borgers CPA PC, in Lakewood, CO, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has suffered recurring
losses from operations and has a significant accumulated deficit.
In addition, the Company continues to experience negative cash
flows from operations.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


BRIAR HILL: Taps exSELLit as Property Manager
---------------------------------------------
Briar Hill Foods, LLC seeks approval from the U.S. Bankruptcy Court
for the Northern District of Ohio to hire exSELLit, LLC as property
manager.

The firm will assist the company and its affiliates in the
management and maintenance of their properties, and will provide
other services pending consummation of a sale.

exSELLit will receive a commission of 3% of the gross purchase
price for any court-approved sale of the Debtors' assets.

In the event that the Debtors' pre-bankruptcy debt owed to The
Huntington National Bank, N.A., and all administrative expense and
priority unsecured claims are paid in full, exSELLit will be
entitled to receive an additional commission in an amount equal to
6% of any pool of funds available for distribution to general
unsecured creditors not to exceed $97,500.

Richard Kiko, a member of exSELLit, disclosed in a court filing
that he and other members and employees of the firm do not
represent or hold any interest adverse to the Debtors and their
estates.

The firm can be reached through:

     Richard Kiko
     exSELLit, LLC
     2732 Fulton Drive, N.W.
     Canton, OH 44718
     Phone: 330-323-6896

                      About Briar Hill Foods

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

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

Judge Russ Kendig presides over the cases.

Marc B. Merklin, Esq., at Brouse McDowell, LPA, is the Debtors'
bankruptcy counsel.


C-N-T REDI MIX: Taps Eric A. Liepins as Legal Counsel
-----------------------------------------------------
C-N-T Redi Mix, LLC 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 advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Eric Liepins, Esq., will charge an hourly fee of $275 for his
services.  The hourly rates 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
     Telephone: (972) 991-5591
     Telecopier: (972) 991-5788

                     About C-N-T Redi Mix LLC

Based in Dallas, Texas, C-N-T Redi Mix, LLC is a company that sells
concrete and concrete supplies.  The Debtor sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case No.
17-34580) on December 5, 2017.  Apryl Daniel, sole member, signed
the petition.  At the time of the filing, the Debtor disclosed that
it had estimated assets of less than $500,000 and liabilities of $1
million to $10 million.

Judge Harlin DeWayne Hale presides over the case.

The Debtor first filed a voluntary Chapter 11 petition (Bankr. N.D.
Tex. Case No. 16-30274) on Jan. 20, 2016.


CALIFORNIA PROTON: Sale of All Assets Closed on Dec. 6
------------------------------------------------------
California Proton Treatment Center, LLC, filed with the U.S.
Bankruptcy Court for the District of Delaware a notice of the
closing of its sale of substantially all assets to California
Proton Therapy Center, LLC, on Dec. 6, 2017.

On Sept. 27, 2017, the Court entered an order authorizing the
Debtor to conduct a sale of substantially all of its assets free
and clear of all liens, claims, interest, encumbrances, and other
interests to the Purchaser.

On Sept. 26, 2017, the Court entered an order in which it approved
the Transition Agreement that allows the Debtor to complete the
sale and transition of its Proton Center and the rest of its assets
pursuant to the Sale Order.  On Dec. 6, 2017, the Debtor and the
Purchaser closed the Sale pursuant to the Sale Order and the
transition authorized by the Transition Order was consummated.

The Proton Center is freestanding healthcare center in San Diego,
California.  It provides proton radiation treatment services for
patients with cancerous solid tumors.  It is an approximately
100,000 square foot purpose-built facility that is unique to the
region, housing proton therapy equipment, as well as diagnostic,
planning, and treatment equipment.  It is staffed with full-time
physicians and medical support personnel experienced in the use of
proton therapy.

            About California Proton Treatment Center

California Proton Treatment Center filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case No. 17-10477) on March 1, 2017,
estimating its assets and debt at $100 million to $500 million.
Jette Campbell, the Company's chief restructuring officer, signed
the petition.

Judge Selber Silverstein presides over the case.

Locke Lord LLP serves as the Debtor's general counsel.  The Debtor
hired Polsinelli PC as co-counsel with Locke Lord; Cain Brothers &
Company, LLC, as investment banker; and Carl Marks Advisory Group
LLC as financial advisor.

On March 16, 2017, the Office of the U.S. Trustee appointed Melanie
L. Cyganowski as patient care ombudsman.

No request for the appointment of a trustee or an examiner has been
made in this Chapter 11 case, and no committees have been appointed
or designated.


CALYPSO ST. BARTH: Going-Out-of-Business Sales at 16 Stores
-----------------------------------------------------------
Resort wear, home goods, furniture and more are being offered at
prices ranging from 25% to 50% off retail as luxury chain Calypso
St. Barth liquidates all its stores.  Tiger Group and Great
American Group are supervising the going-out-of-business sales at
16 boutiques in New York, Georgia, Massachusetts, Colorado,
California, Florida, Arizona, Maryland and South Carolina (sale
addresses below).

Valued at a total of $15 million, the inventory is drawn from  25
Calypso St Barth's boutiques, nine of which have already closed for
good; the remaining 16 stores will be shuttered at the close of the
liquidation process.  Seven additional U.S. locations were
previously closed.  Calypso St. Barth filed for Chapter 7
bankruptcy protection on Nov. 29, 2017, in the U.S. Bankruptcy
Court, District of New Jersey(case no.:17-32231 (VFP)).

Founded on the Caribbean island of Saint Barthelemy in 1992,
Calypso St. Barth is well known as a luxury lifestyle brand with an
international following.  Its colorful boutiques are located in
some of the most affluent neighborhoods, resort towns and central
business districts in the country, said Tiger Group Director Ryan
Davis.

"They're filled with exotic and resort-inspired merchandise --
things like dip-dyed caftans, cashmere cardigans, Moroccan-print
pillows and curated pieces by international designers," he said.
"For discerning buyers, these sales represent an extraordinary
value opportunity.  The timing also happens to be ideal, as now is
the time of year when so many travelers start planning their annual
winter getaways."

The available women's apparel and accessories (along with some
collections for girls) include dresses, skirts, tops, sweaters,
jackets and outerwear, as well as pants, shorts, denim, swimwear,
loungewear, purses and underpinnings.

The liquidation sales include the retailer's inventories of home
furnishings such as throws, rugs and natural textiles by
contemporary American and European designers, as well as
traditional artisan goods from countries such as India and Brazil.

Lastly, store furniture and fixtures are also on offer as part of
the liquidation process, Davis noted.

For more information on the ongoing GOB sales, visit
https://www.tigergroup.com/calypso-liquidation/

Calypso St. Barth liquidation events are currently being conducted
at the following locations:

-- 2502 Camelback Rd., Phoenix, AZ
-- 2229 Larkspur Landing Circle, Larkspur, CA (Marin)
-- 3835 Cross Creek Rd., Ste 10, Malibu, CA
-- 1014E Coast Village Rd., Santa Barbara, CA (Montecito)
-- 225 26Th Street, Santa Monica, CA (Brentwood)
-- 105 Fillmore St., Suite, 106 Denver, CO
-- 358 San Lorenzo Ave, Ste 1220, Coral Gables, FL (Merrick Park)
-- 140 University Town Center Drive, Suite 239, Sarasota, FL
-- 1170 Howell Mill Rd., Ste 111, Atlanta, GA
-- 33 Boylston St., Ste 3315, Boston, MA (Chestnut Hill Square)
-- 114 Newbury Street, Boston, MA
-- 4810 Bethesda Ave #24, Bethesda, MD (Bethesda Row)
-- 900 Madison Avenue, New York, NY
-- 24 Jobs Lane, Southampton, NY
-- 123-3 Main Street, Westhampton Beach, NY
-- 234 King Street, Charleston, SC


CANNABIS SCIENCE: Investigating Use of Cannabinoids for Pelvic Pain
-------------------------------------------------------------------
Effective Nov. 16, 2017, Cannabis Science, Inc., entered into a
Research Collaboration Agreement with Stellenbosch University, a
South African Higher Education Institution.  The Agreement provides
for a collaboration between the Company and the University to
develop and investigate the use of Cannabinoids to treat chronic
pelvic pain associated with pelvic inflammatory disease among
women, chronic prostatitis among men, and potentially other chronic
pain associated with other indications.  Furthermore, the Company
wishes to obtain from the University data and certain rights to
inventions that are developed during research funded by the
Company.

Pursuant to the Agreement, the University has developed know-how
and expertise in the treatment of chronic pain and comorbid
disorders and desires to obtain funding and technical support from
the Company to further such research.  Chronic pelvic pain is
common for both men and women in southern Africa, and in the
absence of sufficient treatment options is associated with a
serious treatment gap.  The use of cannabinoids potentially fills
this gap.  This research will also form the basis of the
development of our general pain management research program.  The
term of the Agreement is initially for one year.  In consideration
for the Agreement and performance of the initial Research, the
Company will pay the University $100,000 as seed funding for the
initial ground work.  Full clinical trial expansion plans will be
built from the success of this initial work to be completed.

                     About Cannabis Science

Cannabis Science, Inc., was incorporated under the laws of the
State of Colorado, on Feb. 29, 1996, as Patriot Holdings, Inc.
Cannabis is at the forefront of medical marijuana research and
development.  The Company works with world authorities on
phytocannabinoid science targeting critical illnesses, and adheres
to scientific methodologies to develop, produce, and commercialize
phytocannabinoid-based pharmaceutical products.

Cannabis reported a net loss of $10.19 million on $9,263 of revenue
for the year ended Dec. 31, 2016, compared with a net loss of
$19.14 million on $44,227 revenue for the year ended Dec. 31, 2015.
As of Sept. 30, 2017, Cannabis Science had $2.08 million in total
assets, $5.23 million in total liabilities and a total
stockholders' deficit of $3.15 million.

Turner, Stone & Company, L.L.P., issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016.  The auditors noted that the Company has
suffered recurring losses from operations since inception, has a
working capital deficiency and will need to raise additional
capital to fund its business operations and plans.  Furthermore,
there is no assurance that any capital raise will be sufficient to
complete the Company's business plans.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


CAPITAL TRANSPORTATION: Plan Offers 15% Distribution to Unsecureds
------------------------------------------------------------------
Capital Transportation, Inc. submits to the U.S. Bankruptcy Court
for the Southern District of Florida an amended disclosure
statement in connection with the solicitation of acceptances or
rejections of its proposed Plan.

Under the Plan, Class 3 consists of the Allowed Unsecured Claims of
B&L Service, Inc, which the Debtor proposes to pay a 15%
distribution in the total amount of $32,543.25, with payments
commencing on the Effective Date. Any outstanding balance of this
claim will be paid in full in a lump sum payment prior to the
sixtieth month following the Petition Date. Class 3 is an insider.

The Plan provides that Class 4 will be paid a 15% distribution in
the total amount of $53,310.79 over five years, in total monthly
payments of $888.51 per month. Class 4 is not an insider and is
impaired under the Plan. Class 4 consists of the Allowed Unsecured
Claims Arising out of Cedric Jones Litigation, in the total
estimated amount of $355,405.25.

In addition, Class 5, which consists of Allowed General Unsecured
Vendor Claims in the total estimated amount of $17,591.29, will be
paid 15% distribution in the total amount of $2,638.69, which will
be paid in one lump sum payment as of the Effective Date. Class 5
is separately classified from Class 4, as it consists entirely of
vendor claims necessary to the smooth and continued operation of
the Debtor during the post confirmation period, and should be
treated as a convenience class. Class 5 is not an insider, and is
impaired under the Plan.

Class 6 consists of the Allowed 100% Equity Interests of Gaddis
Corporation. The Allowed Equity Interests in the Debtor will
continue to remain in the Debtor so as to permit the Debtor to
implement and execute the Plan. If the Plan is confirmed, Class 6
will contribute the additional and further amount of $50,000 as new
value as of the Effective Date.

During the pendency of the Chapter 11, the Debtor has accumulated
cash reserves, which when added to the new value contributed by
Class 6, are sufficient to fund payments of Class 5 claims as of
the Effective Date. The Debtor believes that its continued
operations will be sufficient to commence payments to Classes 2, 3
and 4 during the Plan Period.

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

            http://bankrupt.com/misc/flsb17-11664-120.pdf

                  About Capital Transportation

The Debtor is a corporation with the sole business of providing
taxi cab services in the Tallahassee, Florida area. For the most
part, the Debtor???s ability to function relies upon obtaining
services from other, related corporate entities, including
dispatching and the leasing of many of its vehicles. For this
reason, the Debtor???s assets are not particularly extensive, and
its value as a going concern would be sharply limited if withdrawn
from the network of services upon which it relies.

On or about February 17, 2015, a judgment was entered against the
Debtor by the United States District Court for the Northern
District of Florida in the amount of $250,000.00. On or about May
4, 2016, a further judgment for attorney???s fees was entered
against the Debtor in the amount of $101,315.00. The weight of
outstanding judgments in the combined amount of $351,315.00
threatened the Debtor???s ability to operate profitably or
otherwise, and the proposed class treatment reflects the Debtor???s
good faith proposal to make legitimate headway on its debt service
while remaining viable in the marketplace, taking into account the
Debtor???s questionable liquidation value.

Capital Transportation, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 17-11664) on Feb.
10, 2017.  John Camillo, president, signed the petition.  The
Debtor estimated assets of less than $500,000 and liabilities of $1
million.  David A. Ray, P.A., is serving as counsel to the Debtor.

An official committee of unsecured creditors has not been appointed
in the Chapter 11 case of Capital Transportation, Inc. as of April
17, 2017, according to the court docket.


CARL WEBER GREEN: Taps Thompson & Knight as Special Counsel
-----------------------------------------------------------
Carl Weber Green Properties, LLC, seeks approval from the U.S.
Bankruptcy Court for the District of New Jersey to hire Thompson &
Knight LLP to serve as special counsel to the Debtor.

The Debtor requires representation of special counsel to provide
necessary services in connection with the prosecution of the
adversary proceeding pending against Empire TF6 Jersey Holdings
LLC, KAB Mt. Freedom II LLC, Kenneth Friedman, and Andrew Friedman
(Adv. No. 17-01652) and other litigation and contested matters,
including the motion to dismiss filed by KAB on October 10, 2017.

Professional services to be rendered by Thompson & Knight are:
  
     a. assist the Debtor in prosecuting the Adversary Proceeding
including representing the Debtor's interests in negotiations
concerning the Adversary Proceeding;

     b. assist the Debtor in analyzing and prosecuting claims and
causes of action against any other party for the recovery of the
estate assets;
     
     c. prepare and file such pleadings as are necessary to pursue
the estate's claims in the Adversary Proceeding or in connection
with other potential litigation;

     d. advise and represent the Debtor regarding the Motion to
Dismiss, including preparing and filing any such pleadings as are
necessary to defend the Debtor with respect to the Motion to
Dismiss or related pleadings;

     e. appear before this Court and any appellate courts and
protect the interests of the Debtor's estate with respect to the
Adversary Proceeding, the Motion to Dismiss, and any other
potential litigation and contested matters; and

     f. perform any other legal services that may be appropriate.

Thompson & Knight will be paid at its regular hourly rates:

        Stuart J. Click        $695
        Associates             $360-$575
        Paralegals             $100-$230

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

The Special Counsel can be reached through:

        Stuart J. Click, Esq.
        Thompson & Knight LLP
        900 Third St., 20th Floor
        New York, NY 10022
        Phone: (212) 751-3001

              About Carl Weber Green Properties

Carl Weber Green Properties, LLC is affiliated with 3490RT94, LLC,
which sought bankruptcy protection on Nov. 17, 2016 (Bankr. D.N.J.
Case No. 16-32067).  3490RT94 listed its business as a single asset
real estate.

Carl Weber sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.N.J. Case No. 17-29110) on September 20, 2017.
Philip Sivin, its manager, signed the petition.

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


CAROUSEL OF LANGUAGES: Taps Arlene Gordon-Oliver as Legal Counsel
-----------------------------------------------------------------
Carousel of Languages LLC received approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire
Arlene Gordon-Oliver & Associates, PLLC as its legal counsel nunc
pro tunc as of Nov. 13, 2015.

The firm's services include advising the Debtor regarding its
duties under the Bankruptcy Code; negotiating with creditors;
advising the Debtor regarding any potential refinancing of its
secured debt and sale of its business; preparing a plan of
reorganization; and providing other legal services related to its
Chapter 11 case.

Arlene Gordon-Oliver, Esq., the attorney handling the case, charges
an hourly fee of $485.  Law clerk and paraprofessionals charge $150
per hour.

Ms. Gordon-Oliver disclosed in a court filing that her firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Arlene Gordon-Oliver, Esq.
     Arlene Gordon-Oliver & Associates, PLLC  
     199 Main Street, Suite 203
     Tel: (914) 683-9750  

                   About Carousel of Languages

Carousel of Languages LLC operates an early childhood foreign
language school, offering lessons on Italian, French, Spanish,
Mandarin, Russian, Greek, Hindi, Turkish and Hebrew.  Its school
also provides children with a connection to their heritage and new
languages through linguist and cultural exploration. Its additional
projects include the development of educational applications and
products by its affiliates Carousel Language Program LLC and
Carousel Language Product LLC.

Carousel of Languages filed a Chapter 11 petition (Bankr. S.D.N.Y.
Case No. 15-12851) on Oct. 22, 2015, estimating less than $500,000
in assets and debt. The petition was signed by its president,
Patrizia Saraceni Corman.

Arlene Gordon-Oliver, Esq., at Arlene Gordon-Oliver & Associates,
PLLC, serves as the debtor's bankruptcy counsel.

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


CAROUSEL OF LANGUAGES: Taps Klinger & Klinger as Accountant
-----------------------------------------------------------
Carousel of Languages LLC received approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire
Klinger & Klinger LLP as its accountant nunc pro tunc as of Nov. 3,
2016.

The firm's services include the preparation of the Debtor's monthly
operating reports, financial statements and cash flow projections;
review of existing accounting systems; and assistance in connection
with the development of a plan of reorganization.

The firm's hourly rates are:

     Principals                $375
     Sr. Staff Accountants     $225
     Paraprofessionals         $125

Klinger received a post-petition retainer in the amount of $17,000
from the Debtor's affiliate Carousel Language Program, LLC.
   
Lee Klinger, a certified public accountant and member of Klinger,
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:

     Lee Klinger
     Klinger & Klinger LLP
     633 3rd Avenue, Suite 7B
     New York, NY 10017
     Phone: (212) 661-6200
     Fax: (646) 370-6150
     Email: lklinger@kkcpa.net
     Email: lklinger@kkcpa.net

                   About Carousel of Languages

Carousel of Languages LLC operates an early childhood foreign
language school, offering lessons on Italian, French, Spanish,
Mandarin, Russian, Greek, Hindi, Turkish and Hebrew.  Its school
also provides children with a connection to their heritage and new
languages through linguist and cultural exploration. Its additional
projects include the development of educational applications and
products by its affiliates Carousel Language Program LLC and
Carousel Language Product LLC.

Carousel of Languages filed a Chapter 11 petition (Bankr. S.D.N.Y.
Case No. 15-12851) on Oct. 22, 2015, estimating less than $500,000
in assets and debt. The petition was signed by its president,
Patrizia Saraceni Corman.

Arlene Gordon-Oliver, Esq., at Arlene Gordon-Oliver & Associates,
PLLC, serves as the debtor's bankruptcy counsel.

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


CGG HOLDING: Has Until Feb. 9 to Exclusively File Plan
------------------------------------------------------
The Hon. Martin Glenn of the U.S. Bankruptcy Court for the Southern
District of New York has extended, at the behest of CGG Holding
(U.S.) Inc. and its affiliated debtors the exclusive periods for
them to file and solicit acceptances to their plan of
reorganization, through and including Feb. 9, 2018, and April 10,
2018, respectively.

As reported by the Troubled Company Reporter on Oct. 17, 2017, the
Debtors asked for the extension, saying that while CGG S.A. has
made good progress towards consummation of its Safeguard Plan, the
key events in that process have not yet occurred.  In particular,
the French process requires that the Safeguard Plan be approved by
CGG S.A's public equityholders, and the general shareholders'
meeting to consider the safeguard plan was scheduled for Oct. 31,
2017.

                       About CGG Holding

Paris, France-based CGG Holding (U.S.) Inc. -- http://www.cgg.com/
-- provides geological, geophysical and reservoir capabilities to
its broad base of customers primarily from the global oil and gas
industry.  Founded in 1931 as "Compagnie Generale de Geophysique",
CGG focuses on seismic surveys and other techniques to help energy
companies locate oil and natural-gas reserves.  The company also
makes geophysical equipment under the Sercel brand name.

The Group has more than 50 locations worldwide, more than 30
separate data processing centers, and a workforce of more than
5,700, of whom more than 600 are solely devoted to research and
development.  CGG is listed on the Euronext Paris SA (ISIN:
0013181864) and the New York Stock Exchange (in the form of
American Depositary Shares, NYSE: CGG).

After a deal was reached key constituencies on a restructuring that
will eliminate $1.95 billion in debt, on June 14, 2017 (i) CGG SA,
the group parent company, opened a "sauvegarde" proceeding, the
French equivalent of a Chapter 11 bankruptcy filing, (ii) 14
subsidiaries of CGG S.A. filed voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No.
17-11637) in New York, and (iii) CGG S.A. filed a petition under
Chapter 15 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No.
Case No. 17-11636) in New York, seeking recognition in the U.S. of
the Sauvegarde as a foreign main proceeding.

Chapter 11 debtors CGG Canada Services Ltd. and Sercel Canada Ltd.
also commenced proceedings under the Companies' Creditors
Arrangement Act in the Court of Queen's Bench of Alberta, Judicial
District of Calgary in Calgary, Alberta, Canada, to seek
recognition of the Chapter 11 cases in Canada.


CHARMING CHARLIE: Files Chapter 11 to Facilitate Restructuring
--------------------------------------------------------------
Charming Charlie on Dec. 11, 2017, disclosed that in continuation
of its efforts to stabilize its business, the Company has entered
into a Restructuring Support Agreement ("RSA") with a majority of
its Term Loan Lenders and Equity Sponsors.  The RSA provides for a
comprehensive financial and operational restructuring that will
significantly reduce the Company's funded debt amounts and cash
debt service, establish a sustainable capital structure, and enable
Charming Charlie to move forward with its previously announced
Back-to-Basics strategy.

To facilitate the restructuring, the Company and its subsidiaries
have filed voluntary petitions under Chapter 11 in the United
States Bankruptcy Court for the District of Delaware.  Charming
Charlie expects to operate the majority of its stores and its
website as usual during the court-supervised process.  Subject to
Court approval, the Company also intends to move forward with its
previously announced plans to close underperforming locations and
simplify its business operations.

"During this holiday season, CharmingCharlie.com and hundreds of
our stores across the country are open for business and serving
customers," said Lana Krauter, Interim Chief Executive Officer of
Charming Charlie.  "The actions we are announcing today are
intended to help ensure that the Company has adequate sources of
financing and the right capital structure to support the business
on an ongoing basis as we continue to implement our Back-to-Basics
Strategy.  We are confident that by reducing the size and scale of
our business, we can focus on the core strengths that make the
Company successful."

Ms. Krauter continued, "We thank our vendors for their ongoing
support through the holiday season.  We also thank our team members
for their hard work and dedication in serving our loyal customers.
Our goal is to move through this process quickly and emerge as a
stronger, more focused organization that is better positioned to
succeed in the rapidly changing retail environment."

The Company has secured commitments for $20 million in new-money
debtor-in-possession ("DIP") financing from a majority of its
existing Term Loan Lenders.  The Company has also entered into a
$35 million DIP Asset Backed Loan ("ABL") with its current lenders.
Both financing arrangements, which are subject to court approval,
are intended to ensure Charming Charlie is able to continue meeting
its financial obligations throughout the Chapter 11 case.  Charming
Charlie is committed to working with its vendors to help ensure
that inventory levels are maintained and products continue to be
delivered to customers in a timely fashion. Charming Charlie
intends to pay vendors in full for all goods and services provided
after the filing.

In conjunction with the Chapter 11 process, the Company has filed a
number of customary motions with the Court seeking authorization to
support its operations during the restructuring process and ensure
a smooth transition into Chapter 11 without disruption, including
authority to continue payment of employee wages and health and
welfare benefits, and to honor customer programs.

Additional information can be accessed by visiting the Company's
restructuring website at
http://www.charmingcharlie.com/restructuring-information. Court
filings and other documents related to the court-supervised process
in the U.S. are available on a separate website administered by the
Company's claims agent at http://www.omnimgt.com/charmingcharlie.
Information is also available by calling 1-844-452-2141 (toll-free
in the U.S.) or 1-818-906-8300 (for parties outside the U.S.) or by
sending an email to charmingcharlie@omnimgt.com.

                      About Charming Charlie

Charming Charlie -- http://www.CharmingCharlie.com/-- is a
Houston-based specialty retailer focused on fashion jewelry,
handbags, apparel, gifts and beauty products.  The Company
currently operates more than 375 stores in the United States and
Canada.

Charming Charlie Holdings Inc. and its affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-12906) on Dec. 11,
2017.

Charming Charlie estimated assets of $50 million to $100 million
and debt of $100 million to $500 million.

Kirkland & Ellis LLP is serving as the Company's legal counsel,
AlixPartners LLP is serving as its restructuring advisor, and
Guggenheim Securities, LLC is serving as its investment banker.
Klehr Harrison Harvey Branzburg LLP is the Company's local counsel.
Rust Consulting/OMNI Bankruptcy is the claims and noticing agent.

Joele Frank, Wilkinson Brimmer Katcher is the Company's
communications consultant.  A&G Realty Partners, LLC's the
Company's real estate advisors.
Hilco Merchant Resources LLC is the Company's exclusive agent.


CHARMING CHARLIE: Moody's Cuts PDR to 'D-PD' Following Bankruptcy
-----------------------------------------------------------------
Moody's Investors Service downgraded Charming Charlie LLC's
Probability of Default Rating (PDR) to D-PD from Caa1-PD. In
addition, Moody's downgraded the company's Corporate Family Rating
(CFR) to Ca from Caa1, and concurrently downgraded the company's
$150 million principal senior secured term loan due 2019 to Ca from
Caa1. The downgrades follow Charming Charlie's December 11, 2017
announcement that it has initiated Chapter 11 bankruptcy
proceedings. The ratings outlook was changed to stable from
negative.

Subsequent to actions, Moody's will withdraw the ratings due to
Charming Charlie's bankruptcy filing.

The following ratings at Charming Charlie LLC were downgraded and
will be withdrawn:

-- Corporate Family Rating, Downgraded to Ca from Caa1

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

-- $150 million principal senior secured term loan due 2019,
    Downgraded to Ca (LGD3) from Caa1 (LGD3)

The ratings outlook has been changed to stable from negative

RATINGS RATIONALE

In the application of Moody's Loss Given Default Methodology, the
family recovery rate was maintained at 50%, signaling what Moody's
believes is the current valuation of the company. The first lien
term loan was downgraded to Ca, with an expected loss rate of 44%.

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


CHARTER COMMUNICATIONS: Moody's Rates New $11.3B Bank Loans 'Ba1'
-----------------------------------------------------------------
Moody's Investors Service assigned a Ba1 rating to the proposed 1st
lien senior secured credit facility of Charter Communications
Operating, LLC, a wholly-owned subsidiary of Charter
Communications, Inc. ("Charter"). The new credit facility will
consist of a $3.5 billion revolver, $2.5 billion term loan A and a
$6.3 billion term loan B. The company will use the proceeds to
refinance it existing bank credit facility. Charter's Ba2 corporate
family rating (CFR), Ba2-PD probability of default rating, and
SGL-2 speculative grade liquidity rating are unchanged. Also, CCO
Holdings, LLC's, a wholly owned subsidiary of Charter, B1 unsecured
ratings also remains unchanged. The outlook remains stable.

Assignments:

Issuer: Charter Communications Operating, LLC

-- Senior Secured Bank Credit Facilities, Assigned Ba1(LGD3)

RATINGS RATIONALE

The transaction is positive as it increases the duration of the
company's debt maturity profile, as the new term loan A and
revolver will have a maturity of March 2023 and the new term loan B
will have a maturity of April 2025, and as the rates on the new
facilities are lower, it cuts interest costs as compared to the
existing facilities. Moody's expect this transaction to be
debt-neutral and thus will have no impact on leverage. For the last
twelve months ended September 30, 2017, Debt/EBITDA was
approximately 4.5x (including Moody's adjustments).

The stable outlook reflects Moody's expectation that Charter's
debt-to-EBITDA (incorporating Moody's standard adjustments) will be
sustained below 4.5x over the rating horizon and the company will
continue to generate positive free cash flow and maintain good
liquidity.

Moody's would consider an upgrade of the ratings with continued
improvements in both financial and operating metrics and a
commitment to a better credit profile. Specifically, Moody's could
upgrade the CFR based on expectations for sustained leverage below
4.0x debt-to-EBITDA and free cash flow-to-debt in excess of 5%,
along with maintenance of good liquidity. A higher rating would
require commitment to the stronger credit metrics, as well as
product penetration levels more in line with industry peers, and
growth in revenue and EBITDA per homes passed. The secured debt
ratings could also rise even without a CFR upgrade if the mix of
secured and unsecured debt were to become more balanced, with
secured debt lowered to around 50% or less. Moody's would likely
downgrade ratings if another sizeable debt funded acquisition,
ongoing basic subscriber losses, declining penetration rates,
and/or a reversion to more aggressive financial policies
contributed to expectations for sustained leverage above 4.5x
debt-to-EBITDA (including Moody's standard adjustments) or
sustained low single digit or worse free cash flow-to-debt.

One of the largest US domestic cable multiple system operators
serving about 27 million customers, 24 million broadband
subscribers, 17 million video subscribers and 11 million voice
subscribers, Charter Communications, Inc. maintains its
headquarters in Stamford, Connecticut. Revenue for the last twelve
months ended 9/30/2017 was approximately $41.3 billion.

The principal methodology used in these ratings was Global Pay
Television - Cable and Direct-to-Home Satellite Operators published
in January 2017.


CHURCHILL DOWNS: Moody's Rates New $500MM Unsec. Notes Due 2028 B2
------------------------------------------------------------------
Moody's Investors Service assigned a B2 rating to Churchill Downs
Incorporated's (CDI) proposed $500 million senior unsecured notes
due 2028. Proceeds from the new notes along with the company's new
$700 million senior secured revolver due 2022 and $400 million
senior secured term loan B due 2024 will be used to refinance the
company's existing $500 million senior secured revolver due 2021,
$169 million senior secured term loan A due 2021, and $600 million
5.375% senior unsecured notes due 2021. CDI has a Ba3 Corporate
Family Rating, Ba3-PD Probability of Default Rating, stable rating
outlook, and SGL-1 Speculative Grade Liquidity rating. "The B2
rating assigned to CDI's proposed senior unsecured notes, two
notches lower than the company's Ba3 Corporate Family Rating,
reflects the significant amount of senior secured debt that ranks
ahead of it in the capital structure," stated Keith Foley, a Senior
Vice President at Moody's. The B2 rating on CDI's $600 million
5.375% senior unsecured notes will be withdrawn once the
transaction closes and these notes are refinanced in full.

Assignments:

Issuer: Churchill Downs Incorporated

-- Senior Unsecured Regular Bond/Debenture, Assigned B2 (LGD5)

LGD Adjustments:

-- Senior Secured Bank Credit Facility, Adjusted to LGD2, from
    LGD3

RATINGS RATIONALE

CDI's Ba3 Corporate Family Rating takes into account the company's
moderate leverage. CDI's debt/EBITDA on a Moody's adjusted basis
for the latest 12-month period ended September 30, 2017 was 3.7
times. And while Moody's expects there will be short periods where
debt/EBITDA will rise as a result of acquisitions and other
investment activity, it's not expected debt/EBITDA will exceed 4.5
times.

CDI's Ba3 Corporate Family Rating also considers the strong
history, popularity and performance stability of the Kentucky
Derby, the company's annual thoroughbred live horse racing event
held at Churchill Downs in Louisville, Kentucky. In addition, it
incorporates Moody's favorable view of CDI's announcement that it
has signed a definitive agreement to sell Big Fish to Aristocrat
Technologies, Inc. (not rated). The transaction has been approved
by CDI's board and is scheduled to close in the first quarter of
2018. CDI purchased Big Fish in 2014 for about $835 million
including earn-out payments.

Despite losing the potential long-term diversification, potential
upside, and current revenue earnings contribution from Big Fish --
Big Fish currently accounts for about 35% of Churchill's
consolidated revenue and 21% of the company's adjusted EBITDA --
the monetization of Big Fish will provide a significant amount of
cash that CDI can use to provide funding for further investment in
existing and future assets that the company considers core to its
future growth plans.

Credit challenges include the highly discretionary nature of
consumer spending on gaming and betting activities in general. Pro
forma for the sale of Big Fish, CDI will derive about 50% of its
total segment EBITDA from traditional casino gaming. While regional
casino trends in the U.S. have demonstrated stability during the
past few years, the traditional gaming sector, a highly
discretionary form of consumer entertainment, remains vulnerable to
shifts in consumer discretionary spending as well as competition
from an increase in the amount and type of competing forms of
entertainment.

The stable rating outlook considers Moody's view that CDI has the
ability and willingness to maintain Moody's adjusted debt/EBITDA at
or below 4.5 times. A higher rating would require that CDI
demonstrate the ability and willingness to achieve and maintain
lease-adjusted debt/EBITDA at or below 3.0 times. A negative rating
action could result if, for any reason, Moody's believe CDI's
debt/EBITDA will rise to and remain above 4.5 times for an extended
period of time.

Churchill Downs Incorporated (NASDAQ: CHDN) owns the Churchill
Downs Racetrack, home of the Kentucky Derby and Kentucky Oaks and
TwinSpires.com, an online wagering company. The company also owns
casino operations in Florida, Louisiana, Mississippi, and Maine. In
addition CDI has joint venture interest in casino and racing assets
in Ohio, New York, Maryland and Colorado. The company reported
consolidated net revenue of about $1.3 billion for the 12-month
period ended September 30, 2017.

The principal methodology used in this rating was Global Gaming
Industry published in June 2014.


CHURCHILL DOWNS: S&P Rates $300MM Senior Unsecured Notes 'B+'
-------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '6'
recovery rating to Louisville, Ky.-based Churchill Downs Inc.'s
proposed $300 million senior unsecured notes due 2028. S&P said,
"The '6' recovery rating indicates our expectation for negligible
recovery (0% to 10%; rounded estimate: 0%) for noteholders in the
event of a payment default. All other ratings on Churchill,
including our 'BB' corporate credit rating, are unchanged."

RECOVERY ANALYSIS

Key analytical factors

S&P said, "We assigned our 'B+' issue-level rating and '6' recovery
rating to the proposed $300 million of senior unsecured notes. Our
previously published recovery analysis assumed the company would
issue $300 million in unsecured debt, and we had already included
the amount in our recovery analysis. Our simulated default scenario
contemplates a default in 2022 attributable to a prolonged economic
downturn that reduces consumer spending on gaming and pari-mutuel
horse racing, increased competitive pressure in internet gaming,
and a likely deterioration of liquidity.

"We assume a reorganization of Churchill Downs under a distressed
scenario, using a 7.5x multiple to value the company; this multiple
reflects the unique value of the Kentucky Derby event.

"We assume the $700 million revolver would be 85% drawn at the time
of default."

Simplified waterfall

-- Emergence EBITDA: $124 million
-- EBITDA multiple: 7.5x
-- Gross recovery value: $927 million
-- Net recovery value (after 5% administrative costs): $880
million
-- Obligor/nonobligor valuation split: 100%/0%
-- Estimated secured claims: $1,207 million
-- Value available for secured claims: $880 million
    --Recovery expectations: 70%-90% (rounded estimate: 70%)
-- Estimated unsecured claims: $308
-- Value available for unsecured claims: $0
    --Recovery expectations: 0%-10% (rounded estimate: 0%)
All debt amounts include six months of prepetition interest.

  RATINGS LIST

  Churchill Downs Inc.
    Corporate Credit Rating         BB/Stable/--

  New Rating

  Churchill Downs Inc.
   $300 mil. notes due 2028
   Senior Unsecured                 B+
    Recovery Rating                 6 (0%)


CLASSICAL ACADEMY: S&P Revises Outlook to Pos. & Affirms BB+ Rating
-------------------------------------------------------------------
S&P Global Ratings has revised its outlook to positive from stable
and affirmed its 'BB+' long-term rating on the California School
Finance Authority's series 2013 charter school revenue bonds
outstanding issued for Partnering with Parents LLC on behalf of
Classical Academy Inc. At the same time, S&P Global Ratings
assigned its 'BB+' long-term rating with a positive outlook to the
authority's series 2017A and 2017B charter school revenue bonds,
also issued for Partnering with Parents LLC on behalf of Classical
Academy.

"The outlook revision reflects our view of the organization's solid
financial performance in the last two fiscal years, yielding
impressive lease-adjusted maximum annual debt service coverage
greater than 1.5x, which we expect could continue over the next
year and support a higher rating," said S&P Global Ratings credit
analyst Kaiti Wang.

S&P said, "The rating reflects our view of the combined credit of
The Classical Academy (TCA) and Classical Academy High School
(CAHS). The schools are separately incorporated, chartered, and
maintain separate finances and audits, but are governed by the same
board of directors and consider themselves related institutions.
Revenue from both schools secures the bonds. Both TCA and CAHS have
established operating histories as charter schools that embrace the
independent study model.

"The positive outlook reflects our expectation there is a
one-in-three chance we could raise the ratings in the one-year
outlook period if the charter schools maintain steady operations
with good maximum annual debt service coverage consistent with
fiscal 2017 levels. If any additional debt is issued to acquire the
Bear Valley campus, we would expect a proportional increase in
financial resources to offset it.

"We could raise the ratings if coverage remains above 1.5x with
expected sustainability in future years, while liquidity, leverage,
and enrollment remain steady at least. While management projects
enrollment increases, the current level of enrollment is supportive
of the debt based on recent years' audited results.

"We could lower the ratings or revise the outlook to stable in
response to a dilution of demand and enrollment, a weakening of
operating performance or coverage, or declines in cash levels.
Changes to the state's funding formula or laws for independent
students could also result in a negative rating action."


CONTURA ENERGY: Moody's Lowers CFR to B3; Outlook Stable
--------------------------------------------------------
Moody's Investors Service downgraded the ratings of Contura Energy,
Inc., including the Corporate Family Rating (CFR) to B3 from B2,
probability of default rating (PDR) to B3-PD from B2-PD, and senior
secured rating to Caa1 from B2. The outlook is stable.

The following rating actions were taken:

Downgrades:

Issuer: Contura Energy, Inc.

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

-- Corporate Family Rating, Downgraded to B3 from B2

-- Senior Secured Bank Credit Facility, Downgraded to Caa1 (LGD4)

    from B2 (LGD4)

Outlook Actions:

Issuer: Contura Energy, Inc.

-- Outlook, Remains Stable

RATINGS RATIONALE

The rating action follows the company's announcement on December
11, 2017 that it has completed a transaction with Blackjewel L.L.C.
to sell the Eagle Butte and Belle Ayr mines located in the Powder
River Basin (PRB) in Wyoming, along with related 600 million tons
of proven and probable reserves and approximately $200 million in
undiscounted reclamation obligations. The two mines shipped 24.5
million tons through the first three quarters of 2017 and will
generate roughly $30 million of EBITDA in 2017. Under the terms of
the transaction, Contura will receive deferred consideration of up
to $50 million through royalty payments.

The downgrade reflects Moody's view that the transaction will
further limit the diversity of the company's business, and increase
its concentration in the volatile metallurgical coal markets. The
ratings continue to reflect Moody's expectation of continued
secular decline of the US thermal coal industry, while
acknowledging the company's position as one of the key producers of
metallurgical coal in the United States and its competitive cost
position in Northern Appalachia.

Moody's views the company's liquidity position as adequate, which
reflects the company's cash balance of over $100 million as of
September 30, 2017 and almost full availability under the $125
million ABL facility. The ABL facility has a minimum fixed charge
coverage ratio of 1.0x that is only tested when excess availability
falls below certain thresholds. The senior secured term loan does
not have any financial covenants. Moody's expect positive free cash
flows over the next twelve months at current prices. Moody's note,
however, that free cash flows could turn negative at some of the
pricing levels observed over the past two years while the industry
was in distress.

The Caa1 rating on the senior secured term loan reflects its weaker
collateral position relative to the ABL, as well as expected
recovery in the event of bankruptcy.

The stable outlook reflects Moody's expectation of positive free
cash flows and solid contracted position in thermal coal.

The ratings could be upgraded if the rate of secular decline in the
US thermal coal industry were to slow or reverse, and if
metallurgical coal markets were to show more stability and
predictability, allowing the company to consistently generate EBIT
margin above 8%. The ratings could also be upgraded in the event of
material growth in scale and diversity.

The ratings could be downgraded if Debt/ EBITDA, as adjusted, were
to increase above 5x, if free cash flows were to turn negative, or
if liquidity were to deteriorate.

Formed by a group of former first lien lenders of Alpha Natural
Resources, Contura was created to acquire and operate Alpha's core
operations in Northern Appalachia (including the Cumberland mine
complex), all Alpha's operations in the Powder River Basin and
certain assets in Central Appalachia (the Nicholas mine complex in
Nicholas County, West Virginia, and the McClure and Toms Creek mine
complexes in Dickenson and Wise Counties, Virginia). Contura also
purchased Alpha's interest in the Dominion Terminal Associates coal
export terminal in eastern Virginia. For the first three quarters
of 2017, Contura generated $1.6 billion in revenues.

The principal methodology used in these ratings was Global Mining
Industry published in August 2014.


COTTER TOWER: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Cotter Tower - Oklahoma, L.P.
        c/o Marcus P. Rogers, P.C.
        2135 E. Hildebrand
        San Antonio, TX 78209

Type of Business: Cotter Tower - Oklahoma, L.P. owns the Cotter
                  Ranch Tower located at 100 N. Broadway Ave.
                  Oklahoma City, Oklahoma 73102.

                  Cotter Ranch Tower, also known as Chase Tower,
                  is a 36-story glass tower, located in the heart
                  of the Central Business District.  The Tower
                  features an underground concourse system which
                  connects to majority of Central Business
                  District, private covered and adjoining public
                  parking, card key access and elevator security
                  codes, renovated lobby and newly updated common
                  areas.

                  https://is.gd/SR96h8

Chapter 11 Petition Date: December 12, 2017

Case No.: 17-52844

Court: United States Bankruptcy Court
       Western District of Texas (San Antonio)

Judge: Hon. Craig A. Gargotta

Debtor's Counsel: H. Anthony Hervol, Esq.
                  LAW OFFICE OF H. ANTHONY HERVOL
                  4414 Centerview Dr, Suite 200
                  San Antonio, TX 78228
                  Tel: (210) 522-9500
                  Fax: (210) 522-0205
                  E-mail: hervol@sbcglobal.net

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Marcus P. Rogers, as independent
administrator for the estate of James F. Cotter, acting as
president on behalf of Cotter Ranch Tower, LLC, general partner,
acting on behalf of and authorized representative for the Debtor.

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

             http://bankrupt.com/misc/txwb17-52844.pdf

Debtor's List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
A-Russell's Mr. Rooter, Inc.                              $8,419

American Staffcorp of OKC, LLC        Trade Debt         $51,956

Brierly Plumbing Technologies         Trade Debt         $20,523
Roto Rooter Plumbing

CBRE Inc                              Trade Debt          $7,000

CBRE, Inc.                                               $66,635

City of Oklahoma                      Trade Debt         $28,721

Destin Construction Inc.              Trade Debt          $2,587

Dezign Partnerships Inc.              Trade Debt          $2,430

iPlumb Co.                                                $2,850

Kurts Pest Control Inc.               Trade Debt          $3,600

Metro Glass Inc.                      Trade Debt         $19,984

Otis Elevator Company                 Trade Debt         $43,099

Paul J. Sowell                        Trade Debt          $2,471

Precision Mechanical, LLC             Trade Debt         $41,295

Roto Rooter Plumbing & Drain Cleaning                    $25,526

Russell D Thorp-                      Trade Debt          $8,121
Schuler Enterprise

Southwestern Restoration and          Trade Debt          $4,100
Waterproofing

Staples Contract & Commercial, Inc.   Trade Debt          $4,869

United Protective Services            Trade Debt         $14,648
of Oklahoma City, LP

Veolia Energy                         Trade Debt        $166,677
Oklahoma City Inc.


CSP ASSET II: Taps Barron & Newburger as Legal Counsel
------------------------------------------------------
CSP Asset II, LLC seeks approval from the U.S. Bankruptcy Court for
the Western District of Texas to hire Barron & Newburger, PC as its
legal counsel.

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

Barbara Barron, Esq., and Stephen Sather, Esq., the attorneys who
will be handling the case, charge an hourly fee of $495.  Other
attorneys who may work on the case bill at rates ranging from $175
per hour to $475 per hour.  The hourly fees for the support staff
range from $40 to $100.

The firm received a retainer from the Debtor in the sum of $20,000,
of which $9,748.50 was used to pay its pre-bankruptcy services.

The retainer will be held by the firm in its trust account.  The
Debtor will maintain the retainer as an "evergreen" retainer by
paying the firm the amount of each monthly bill into trust.  So
long as the evergreen retainer is maintained, Barron will discount
its hourly rates by 10%.

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

Barron can be reached through:

     Stephen W. Sather, Esq.
     Barron & Newburger, PC
     7320 N. MoPac Expressway, Suite 400
     Austin, TX  78731
     Office: 512-476-9103
     Direct: 512-649-3243
     Fax: 512-279-0310
     Email: ssather@bn-lawyers.com

                      About CSP Asset II LLC

Based in Austin, Texas, CSP Asset II LLC, which conducts business
as Secured Climate Storage, operates a self-storage facility built
to provide storage security for individuals and businesses.  This
climate and non-climate controlled facility has more than 1,200
units and sizes up to 3,200 square feet.  CSP Asset II is also an
authorized U.S. postal center and FedEx Ship center.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Tex. Case No. 17-11513) on December 5, 2017.
James R. Carpenter, manager of its sole member, signed the Chapter
11 petition.

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

Judge Tony M. Davis presides over the case.


CUNNINGHAM LINDSEY: Moody's Affirms 'B3' CFR Amid Sedgwick Deal
---------------------------------------------------------------
Moody's Investors Service has affirmed the B3 corporate family
rating Cunningham Lindsey U.S. Inc. following the announcement that
the company will be acquired by Sedgwick Claims Management
Services, Inc. The companies expect to complete the transaction in
the first half of 2018, pending regulatory approvals. Moody's also
affirmed Cunningham Lindsey's debt ratings. The rating agency
changed the rating outlook for Cunningham Lindsey to stable from
negative reflecting the pending acquisition by a stronger
organization.

Moody's expects that Cunningham Lindsey will use proceeds from the
sale to repay borrowings under its credit facilities, which
currently amount to $626 million. The rating agency expects to
withdraw all of Cunningham Lindsay's ratings once the acquisition
closes and the facilities are fully repaid and terminated.

RATINGS RATIONALE

Cunningham Lindsey's ratings reflect its global presence in loss
adjusting and related services, including complex claims
management, third-party claims administration, forensic
engineering, and restoration and repair consulting. It serves a
broad range of insurance carriers and self-insured entities across
multiple jurisdictions. Sedgwick, the acquirer, is the leading
third-party claims service provider in the US. Moody's views the
pending transaction as a complementary merger with little overlap
of products.

Cunningham Lindsey's debt-to-EBITDA ratio remained above 8.5x for
the 12 months through September 2017 (on a Moody's adjusted basis)
while (EBITDA - capex) interest coverage was in the low single
digits. The company's free cash flow was slightly negative,
reflecting a buildup of working capital to help process claims from
Hurricanes Harvey, Irma and Maria. Moody's expects Cunningham
Lindsey to generate improved operating cash flow in the first
quarter of 2018.

Moody's regards the proposed acquisition as credit positive for
Cunningham Lindsey, making it part of a larger, more diversified
group. Cunningham Lindsey's global platform in loss adjusting and
its expertise in large and complex claims will complement
Sedgwick's strong US presence in workers' compensation and
disability claims management.

Factors that could lead to an upgrade of Cunningham Lindsey's
ratings include: (i) debt-to-EBITDA ratio below 6x, (ii) (EBITDA -
capex) coverage of interest exceeding 2x, and (iii)
free-cash-flow-to-debt ratio exceeding 5%.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA ratio remaining above 7.5x for a sustained period,
(ii) (EBITDA - capex) coverage of interest below 1.2x, or (iii)
free-cash-flow-to-debt ratio remaining below 2%.

Moody's has affirmed the following ratings:

Corporate family rating at B3;

Probability of default rating at B3-PD;

$62.5 million (fully drawn) first-lien revolving credit facility
expiring in January 2019 at B2 (LGD3);

$477 million first-lien term loan maturing in December 2019 at B2
(LGD3);

$86 million second-lien term loan maturing in June 2020 at Caa2
(LGD6).

The rating outlook was changed to stable from negative.

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in September 2017.

Based in Tampa, Florida, Cunningham Lindsey is a leading global
provider of insurance loss adjusting, claims management and other
risk management services to insurance and reinsurance companies,
insurance syndicates, self-insured corporations and government
agencies. The company operates through a global network of about
6,000 staff in over 60 global offices. The company generated
revenue of $714 million for the 12 months through September 2017.


DELPHI TECHNOLOGIES: S&P Assigns 'BB' CCR, Outlook Stable
---------------------------------------------------------
S&P Global Ratings assigned its 'BB' corporate credit rating to
Delphi Technologies PLC. The outlook is stable.

S&P said, "At the same time, we assigned our 'BB' issue-level
rating and '4' recovery rating to the company's senior unsecured
debt. The '4' recovery rating indicates our expectation that
lenders would receive average recovery (30%-50%; rounded estimate:
40%) in the event of a default.

"Our ratings reflect the cyclicality of the auto industry, Delphi's
capital intensity, and the volatility of its launch cadence, in
addition to the constant pricing pressures from its customers and
competitors and its exposure to potentially volatile commodity
costs. We also take into account the company's low cost base and
its ability to adapt to the changing demand for autos and
commercial vehicles.

"The outlook is stable. We expect that Delphi will continue
generating solid earnings and cash flow, with stable credit
measures in line with our expectations for the rating, due to
growth in sales and content per vehicle, as well as occasional
acquisitions. We expect leverage below 4x and FOCF to total debt of
10% or higher through 2018.

"We could lower the rating if we came to believe that global auto
markets would decline and powertrain would not offset profitability
pressures, or that cash generation would suffer significantly from
lower-than-expected vehicle production, a spike in unrecovered
commodity costs, or a substantial use of cash to fund large
transactions or shareholder-friendly actions. We could also lower
the rating if the company's FOCF to debt drops to less than 10% or
if leverage increases to more than 4x on a sustained basis. For
instance, this could occur if revenue falls by 10% and gross
margins declined below 30% in 2018.

"We could raise the ratings if the company's FOCF to debt moves
above 15% and leverage declines below 3x on a sustained basis as
demonstrated by increasing market share in its key end markets and
ongoing EBITDA margin expansion. For instance, this could occur if
gross margins increase above 34% in 2018. At the same time, we
would need to believe that the company could execute consistently
even during industry downturns and remain committed to balancing
investments, dividends, and acquisitions in line with its current
financial profile."


DEXTERA SURGICAL: Expects Court Approval of Sale in Early 2018
--------------------------------------------------------------
Dextera Surgical Inc., a company developing and commercializing the
MicroCutter 5/80(TM) Stapler, on Dec. 12, 2017, disclosed that it
has filed for voluntary Chapter 11 bankruptcy protection.
Concurrently, Dextera Surgical entered into an asset purchase
agreement with Aesculap, Inc, an affiliate of B. Braun Group, for
approximately $17.3 million.

"We have conducted an extensive assessment of all strategic options
for our business, and at this time, we believe it is in the best
interest of our shareholders and all stakeholders to proceed with a
sale of our assets," said Julian Nikolchev, president and CEO of
Dextera Surgical Inc.  "The agreement with Aesculap will serve as a
"stalking horse" bid in a court-supervised auction of our assets.
We believe this process will continue our mission of keeping our
innovative surgical stapling platform and cardiac anastomosis
products in the hands of surgeons who understand the promise of our
products and technology."

The voluntary Chapter 11 petition was filed in the United States
Bankruptcy Court for the District of Delaware.  The sale process
will be conducted pursuant to section 363 of the U.S. Bankruptcy
Code and is designed to achieve the highest or best offer for
Dextera's assets.  The company will continue to operate during this
bidding process, which is expected to be completed in 45 to 60
days.  The agreement with Aesculap sets the minimum acceptable bid
for the company's assets, and is subject to Bankruptcy Court
approval and certain other conditions.  The proposed bidding
procedures, if approved by the Court, would require interested
parties to submit competitive binding offers to acquire the
company's assets and such parties could include strategic and
financial bidders.  Assuming qualified bids are submitted, an
auction would then be held.  A final sale approval hearing is
anticipated to take place shortly after the auction with the
anticipated closing to occur by early 2018, and Dextera expects
that substantially all of its assets will be sold pursuant to this
process.

Dextera has negotiated with Aesculap for debtor-in-possession (DIP)
financing to ensure that it has sufficient liquidity to conduct its
business uninterrupted and continue to meet its operational
financial obligations, including, subject to expected bankruptcy
court approval: the timely payment of future employee wages and
salaries, as well as maintain benefits; continued servicing of
distributors to ensure timely fulfillment of orders and shipments;
and other obligations to surgeons and customers.

Additional information about this process and proposed asset sale,
as well as court filings and other documents related to the
reorganization proceedings, is available through Dextera's claims
agent, Rust/Omni at http://www.omnimgt.com/dexteraor (212)
302-3580.

                      About Dextera Surgical

Headquartered in Redwood City, California, Dextera Surgical Inc.
(Nasdaq:DXTR) -- https://www.dexterasurgical.com/ -- is a medical
device company that designs and manufactures proprietary stapling
devices that enable the advancement of minimally invasive surgical
procedures.  Founded in 1997 as Vascular Innovations, Inc., the
Company changed its name in November 2001 to Cardica, Inc. and in
June 2016 to Dextera Surgical Inc.  Dextera had its initial public
offering in 2006 and its common stock is publicly traded and prior
to the bankruptcy filing, had been listed on the NASDAQ Capital
Market (DXTR).

Dextera Surgical sought Chapter 11 protection (Bankr. D. Del. Case
No. 17-12913) on Dec. 11, 2017.

The Company disclosed $6.53 million in total assets and $14.82
million in total debt as of Sept. 30, 2017.

The Debtor tapped Saul Ewing Arnstein & Lehr LLP as counsel; Cooley
LLP as special corporate counsel; JMP Securities, LLC, as financial
advisor and investment banker; Rust Consulting/Omni Bankruptcy as
claims and noticing agent.


DEXTERA SURGICAL: Files Ch.11 with $17MM Deal to Sell to Aesculap
-----------------------------------------------------------------
Dextera Surgical Inc. sought Chapter 11 protection with a deal to
sell substantially all assets as a going concern to Aesculap, Inc.,
for $17.3 million in cash plus the assumption of liabilities,
absent higher and better offers.

Julian Nikolchev, President and CEO, explains Dextera has filed a
Chapter 11 case to preserve and maximize the value of its assets
for the benefit of its creditors and other stakeholders.  Dextera
has executed a stalking horse agreement with Aesculap, subject to
higher or otherwise better bids in a competitive, market-tested
sale and auction process that will be subject to Court approval.
Upon closing, the sale will allow Dextera's business to emerge from
bankruptcy as a viable going concern, which will benefit all of its
creditors and other stakeholders, and will make possible the
continued development and use of Dextera's surgical products.

Dextera is an innovative medical device company that designs and
manufactures proprietary stapling devices that enable the
advancement of minimally invasive surgical procedures.

Dextera generated net revenue of $3.0 million for the fiscal year
ended June 30, 2015, $4.1 million for the fiscal year ended June
30, 2016, and $3.4 million for the fiscal year ended June 30,
2017.

Dextera currently has 47 full-time employees, two part-time
employees, and one international employee.

As of Sept. 30, 2017, Dextera's financial statements reflected
assets with a book value totaling $6.53 million and liabilities
totaling $14.821 million.

                   Prepetition Capital Structure

On Sept. 2, 2011, Dextera entered into a Secured Note Purchase
Agreement with CMI.  Pursuant to the Note Purchase Agreement,
Dextera issued to CMI a Secured Promissory Note in the original
principal amount of $4,000,000, with interest accruing at an annual
rate of 5%, payable quarterly in arrears.  Under the terms of the
Note Purchase Agreement, as amended on Sept. 14, 2017, quarterly
principal payments of $125,000, plus accrued interest, are due
under the Note on Dec. 31, 2017, March 31, 2018, and June 30, 2018,
with the remaining principal balance of $3.5 million due on Sept.
18, 2018.  As of the Petition Date, the outstanding principal was
$3.875 million and accrued interest under the Note was
approximately $33,000.

Dextera is currently authorized to issue two classes of capital
stock, designated as Common Stock and Series B Preferred Stock.  As
of October 31, 2017, there were 48,206,266 shares of Common Stock
outstanding and 172 Series B Preferred shares outstanding. Each
share of Series B Preferred is convertible into 3,704 common shares
and, if all Series B Preferred shares were converted to Common
Stock, then 637,088 additional shares of Common Stock would be
outstanding.  There are also 1,735,267 stock options and restricted
stock units outstanding with an average exercise price exceeding
$3.00 per share.

Dextera's most recent public offering was completed on May 15,
2017, involving 8,000 shares of convertible Series B Preferred and
related Series 1 and Series 2 Warrants at a price to the public of
$1,000 per share of convertible Series B Preferred for gross
proceeds of $8 million.  Almost all of the 8,000 Series B Preferred
shares were thereafter converted to Common Stock.  There are
29,487,545 Series 1 Warrants outstanding with an expiration date of
May 16, 2022 and 6,667,311 Series 2 Warrants outstanding with an
expiration date of May 16, 2018.  Both Series 1 and Series 2
Warrants have an exercise price of $0.27 per share.

               Events Leading to Chapter 11 Filing

According to Mr. Nikolchev, to preserve going-concern value and
enable the Debtor to execute its business plan, Dextera has been
pursuing potential merger or acquisition partners, or potential
major investors, for approximately one year.

On Dec. 21, 2016, Dextera engaged JMP Securities LLC to solicit
interest from third parties with respect to a possible merger,
consolidation, tender or exchange offer, or sale or exclusive
license of all or a majority of Dextera's assets or outstanding
equity interests.

In early January 2017, JMP initiated a marketing process,
contacting and distributing the "teaser" to 49 potential investors
or purchasers. Four parties that executed non-disclosure agreements
were given additional information and one was provided
access to a confidential data room established by JMP, with various
potentially interested parties conducting interviews with Dextera
management.

As the prepetition marketing process continued, a process letter
was sent to 24 parties, at the time establishing a bid deadline of
March 31, 2017.  The deadline did not result in acceptable
proposals so JMP continued to engage with potential parties during
the rest of the spring and summer of 2017 to explore potential
transactions.

During early October, JMP made further contacts to 13 of the
parties it had previously contacted.  On Oct. 11, 2017, one of
those parties -- Stalking Horse Purchaser -- submitted a term sheet
for an out-of-court acquisition of substantially all of the assets
of Dextera.  After further discussions between Dextera and JMP, on
the one hand, and the Stalking Horse Purchaser on the other hand,
the parties determined that an asset sale in a chapter 11
bankruptcy case was required.  The parties executed a non-binding
term sheet for such an asset sale dated Nov. 9, 2017, and
thereafter negotiated the terms of an asset purchase agreement.
That process was completed just prior to the Petition Date when, on
Dec. 11, 2017, the parties executed an asset purchase agreement.

In the Stalking Horse Agreement, the Stalking Horse Purchaser has
committed to acquire substantially all of the Debtor's assets in a
sale pursuant to Section 363 of the Bankruptcy Code. The
transaction is conditioned upon approval by this Court and is
subject to higher or otherwise better competing offers.

In addition to entering into the Stalking Horse Agreement, the
Debtor entered into that certain Post-Petition Loan and Security
Agreement, between the Debtor, as borrower, and the Stalking Horse
Purchaser or its designee (the "DIP Lender"), as lender (the "DIP
Facility"), pursuant to which, among other things, the DIP Lender
has agreed to loan the Debtor up to $1.5 million in debtor in
possession financing, subject to the Court's approval, to fund the
Debtor's Chapter 11 Case and sale process.

                             Timeline

The timeline and specific dates proposed in the sale motion and the
associated bidding procedures, if approved, will provide the Debtor
sufficient time to expose its business and assets again to
potential overbidders, conduct an auction if any qualified overbids
are presented, and bring before the Court for approval the Sale to
the successful bidder, and will permit the Sale to close consistent
with the liquidity available to the Debtor.  If the timeline
proposed in the Sale Motion is not approved, or if there are
material delays in that timeline, the Debtor will run out of cash,
will be unable to continue operations, and therefore will be unable
to satisfy the conditions to the closing of the Stalking Horse
Agreement or an asset purchase agreement executed by a winning
bidder other than the Stalking Horse Purchaser.

The proposed bidding procedures provide for a Jan. 19, 2018, at
4:00 p.m. deadline for bids and an auction to take place on Jan.
22, 2018, at 10:00 a.m.

                      About Dextera Surgical

Headquartered in Redwood City, California, Dextera Surgical Inc. --
https://www.dexterasurgical.com/ -- is a medical device company
that designs and manufactures proprietary stapling devices that
enable the advancement of minimally invasive surgical procedures.
Founded in 1997 as Vascular Innovations, Inc., the Company changed
its name in November 2001 to Cardica, Inc. and in June 2016 to
Dextera Surgical Inc.  Dextera had its initial public offering in
2006 and its common stock is publicly traded and prior to the
bankruptcy filing, had been listed on the NASDAQ Capital Market
(DXTR).

Dextera Surgical sought Chapter 11 protection (Bankr. D. Del. Case
No. 17-12913) on Dec. 11, 2017.

The Debtor tapped Saul Ewing Arnstein & Lehr LLP as counsel; Cooley
LLP as special corporate counsel; JMP Securities, LLC, as financial
advisor and investment banker; and Rust Consulting/Omni Bankruptcy
as claims and noticing agent.

The Company disclosed $6.53 million in total assets and $14.82
million in total debt as of Sept. 30, 2017.


DRIVETIME AUTOMOTIVE: S&P Alters Outlook to Neg. on Weak Earnings
-----------------------------------------------------------------
S&P Global Ratings said it revised its outlook on DriveTime
Automotive Group Inc. to negative from stable. S&P also affirmed
its 'B' issuer credit and 'B' secured debt ratings.

S&P said, "Our negative outlook is driven by the company's
deterioration in financial performance mainly because of growth in
provisions for credit losses. The company reported a net loss of
$23.9 million for the third quarter compared to a net loss of $4.9
million in the year-ago period. The net loss year to date through
the third quarter was $13.9 million compared to net income of $77.7
million in the year-ago period. The main driver of decreased net
income year to date is an increase in provisions for credit losses
to $623.3 million for the first nine months of 2017, compared to
$431.8 million in the year-ago period."

The negative outlook reflects S&P Global Ratings' expectation that
DriveTime may continue to report net losses over the next six to 12
months because of elevated provisions for loan losses and net
charge-offs of 14% to 15% of average finance receivables while
maintaining leverage of 3x to 4x debt to adjusted equity.

S&P said, "We could lower the rating in the next six to 12 months
if DriveTime continues to generate negative generally accepted
accounting principles net income and net charge-offs of over 14% of
average receivables. We could also lower the rating if leverage, as
measured by debt to adjusted total equity, approaches 4.5x within
the next 12 months. We would also consider lowering the rating if
the company triggers covenants in its financing lines that limit
its ability to fund loan originations.

"We could revise the outlook to stable if the company reports
positive net income while maintaining net charge-offs below 14% of
finance receivables."


EASTERN POWER: S&P Affirms 'BB-' Debt Rating, Outlook Stable
------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' rating on Eastern Power LLC's
$1.6 billion senior secured first-lien term loan due 2023 and $75
million revolving credit facility due 2021. The outlook is stable.

The '3' recovery rating on the debt remains unchanged, reflecting
S&P's expectation that lenders can expect meaningful (50% to 70%;
rounded estimate: 65%) recovery if a payment default occurs.
Eastern Power LLC is co-issuer with Eastern Covert Midco LLC and is
a joint and several obligor.

The affirmation stems from several factors. During 2017, Eastern
Power executed several amendments to the credit agreement, which
have marginally improved minimum DSCRs. Eastern Power extended the
term loan B maturity to 2023 from 2021 and the revolving credit
maturity to 2021 from 2019. The project also reduced the Term loan
B (TLB) spread to LIBOR plus 375 basis points from LIBOR plus 400
and revised the revolving credit facility quantum downwards to $75
million from $90 million; the latter change is meaningful because
we assume a drawn facility in our coverage calculations.

S&P said, "The stable outlook reflects Eastern Power's reliance on
predictable capacity payments for most of its cash flow over the
next few years, our expectations for sound operational performance,
and debt outstanding on the term loan at refinancing of about $1.24
billion. We expect robust DSCRs near and above 2.5x until
refinancing, when minimum DSCRs drop to 1.13x in our analysis. We
further expect stable operational performance and cash sweeps or
voluntary prepayments that accelerate paydown on the term loan.

"We would likely lower the rating if expected minimum debt service
coverage fell below 1.1x after the refinancing, which could stem
from operational issues that lower availability and increase
maintenance costs, lower-than-expected capacity prices in NYISO
Zone J over the next few years, or higher debt outstanding at
refinancing."

While unlikely at this time, an upgrade would likely require sound
operational performance and significantly lower debt at maturity,
which would require minimum debt service coverage ratios over 1.75x
on a sustained basis, including the refinancing period.


EASTERN STAR: No Excess Funds Available to Pay Unsecured Creditors
------------------------------------------------------------------
Eastern Star Baptist Church files with the U.S. Bankruptcy Court
for the Eastern District of Arkansas a Disclosure Statement
relating to its proposed Plan of Reorganization dated November 30,
2017, which the Debtor believes could give its creditors the best
opportunity to receive the greatest dividend, as it allows the
Debtor to continue operating the Church as a going concern.

The Secured Claim of Eagle Bank is classified under Class 1. Eagle
Bank is owed approximately $777,571, as of November 29, 2017. Eagle
Bank has agreed to loan the Debtor an additional construction loan
of $394,000. The terms of the Church's current financing
(promissory note and mortgage) will remain intact, so that the
Debtor satisfies all terms and conditions of the current note and
mortgage requiring a monthly payment of $4,612. The Church has
never missed a payment on the Eagle Bank note, thus, it was current
on the filing date and has remained so post-petition.

The Secured Claim of Green Design & Construction Co., Inc. by
Virtue of Judgment Lien in the amount of $294,067.19 falls under
Class 2. The Plan provides that upon confirmation, Brad Wooley will
be hired as auctioneer to sell several parcels of real properties
with Green receiving the net income after Wooley's standard
advertising costs and 10% buyer's premium. Upon payment of these
funds, Green's lien will be satisfied and extinguished.

There are approximately a dozen Unsecured Claims totaling
$172,980.54 under Class 3.  The projected revenue from the Church
will be adequate to cover operating expenses and debt service to
Eagle Bank. It is not anticipated additional revenue, over and
above that required to pay its overhead expenses and debt service,
will be available to pay other creditors such as Green and the
unsecured creditors. Accordingly, no payments are proposed.

The Plan will be funded by, and the Allowed Claims will be paid by,
the revenues generated by the Debtor.

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

           http://bankrupt.com/misc/areb17-10643-40.pdf

Eastern Star Baptist Church is represented by:

            James F. Dowden, Esq.
            James F. Dowden, P. A.
            212 Center St.; 10th Floor
            Little Rock, AR 72201
            Phone: (501) 324-4700
            Fax: (501) 374-5463
            Email: jfdowden@swbell.net

               About Eastern Star Baptist Church

Eastern Star Baptist Church had its beginnings in November of 1900.
It has 398 members. In 2014 the Church undertook the construction
of a new sanctuary directly across the street from its original
building. The general contractor on the project was Green Design &
Construction Co., Inc.

Unfortunately, for all parties, construction ground to a halt some
time in 2014 with the Church alleging, inter alia, faulty design
and construction, and Green alleging, inter alia, nonpayment.
(Pulaski County Circuit Case No. 60CV-15-5780). The case culminated
in an adverse arbitration award, confirmed by the Circuit Court,
awarding Judgment in favor of Green against the Church for
$294,067.19 on January 20, 2016.

The financial pressures from collection efforts by Green and
demands for completion by the City of North Little Rock, totaling
in excess of $600,000 led to the Church???s decision to file for
Chapter 11.

Based in North Little Rock, Arkansas, Eastern Star Baptist Church
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
E.D. Ark. Case No. 17-10643) on Feb. 3, 2017.  The petition was
signed by Calvert Jackson, trustee and chairman.  

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

The case is assigned to Judge Ben T. Barry.  James F. Dowden, Esq.,
at James F. Dowden, P.A., is the Debtor's legal counsel.

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


EMERALD COAST: Asks Court to Approve Chapter 11 Liquidation Plan
----------------------------------------------------------------
Emerald Coast Eateries, Inc., asks the U.S. Bankruptcy Court for
the Northern District of Florida to conditionally approve its
Disclosure Statement and consolidate the hearing on the Disclosure
Statement and any objections to it with the hearing on the
Confirmation of the Plan.

The Debtor anticipates having approximately $3,975 in cash on hand
as of the date of filing of the Plan. These funds will be used to
satisfy any Confirmation Payments, including any Allowed
Administrative Claims, including Allowed Professional Compensation
Claims and United States Trustee fees, to the extent any exist.

The Debtor is proposing a liquidating Plan. Accordingly, there will
be no continuation of the Debtor's business, and the Debtor does
not expect any additional funds will be generated between the
filing of the Plan and Disclosure Statement and the distributions
to be made under the Plan following the Effective Date.

The Plan provides payment in full of all Allowed Administrative
Expense Claims and Allowed Priority Claims upon such other terms as
the Debtor and the holder of these claims will agree. These Claims
are estimated to be approximately $15,000.

Class 1 consists of the Claim of SunSouth Capital, Inc. in the
amount of $19,300. Pursuant to that certain Order granting the
Debtor's Motion to Sell Assets Via Auction, all of the Debtor's
personal property, including the SunSouth Collateral, was sold on
August 26, 2017. The net proceeds from the sale of the SunSouth
Collateral were in the aggregate of $682.50. The Debtor has
tendered the net proceeds to SunSouth in full satisfaction of its
secured claim. The remainder of SunSouth's Claim will be allowed as
a General Unsecured Claim and will be treated with Holders of
Allowed Class 2 Claims. Class 1 is Impaired.

Each Holder of an allowed Class 2 unsecured claim will receive
pro-rata payments from the remaining proceeds of the sale of the
Debtor's assets after the satisfaction of Administrative and
Priority Claims. Class 2 is Impaired.

Class 3 consists of the Allowed Equity Interests of the Debtor.
Since the Debtor is proposing a liquidating plan, all equity
interests will be cancelled upon the Effective Date and no
distribution will be made to Equity Holders.

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

          http://bankrupt.com/misc/flnb17-30095-62.pdf

Counsel for the Plan Proponent:

            Natasha Z. Revell, Esq.
            Teresa M. Dorr, Esq.
            ZALKIN REVELL, PLLC
            2441 US Highway 98W, Ste. 109
            Santa Rosa Beach, FL 32459
            Tel: (850) 267-2111
            Fax: (866) 560-7111
            Email: tasha@zalkinrevell.com


              About Eateries and GRP of Zanesville

Eateries, Inc., doing business as Garfield's Restaurant & Pub and
doing business as S&B Burger Joint of Carbondale, IL, owns 11
different restaurants on leased premises. Hestia Holdings, LLC,
holds a 100% stake in the Company.

Eateries, Inc., previously sought Chapter 11 protection on May 11,
2009 (Bank. W.D. Okla. Case No. 09-12499), and again on Dec. 28,
2012 (Bankr. W.D. Okla. Case No. 12-16224).

Eateries, Inc., and its affiliate GRP of Zanesville, LLC, filed new
Chapter 11 petitions (Bankr. W.D. Okla. Case Nos. 17-11444 and
17-11445, respectively) on April 18, 2017. The petitions were
signed by Will iam C. Liedtke, III, vice president.  The cases are
jointly administered and assigned to Judge Sarah A. Hall.

Eateries estimated $500,000 to $1 million in assets and $1 million
to $10 million in liabilities.  GRP of Zanesville estimated less
than $50,000 in assets and $1 million to $10 million in
liabilities.

The Debtors are represented by Mark A. Craige, Esq., and Lysbeth
George, Esq., at Crowe & Dunlevy, A Professional Corporation.

To date, an official committee of unsecured creditors has not yet
been appointed in the new cases.


ESSAR STEEL: Cliffs Completes Acquisition of Itasca Real Estate
---------------------------------------------------------------
Cleveland-Cliffs Inc. on Dec. 11, 2017, disclosed that its
wholly-owned subsidiary, Cleveland-Cliffs Minnesota Land
Development LLC, completed an acquisition of certain real estate
interests located in Itasca County west of Nashwauk, Minnesota from
Glacier Park Iron Ore Properties LLC ("GPIOP").  The interests
include a combination of undivided and whole fee interests as well
as mineral and surface leases, all lying within the Biwabik Iron
Formation.  The acreage acquired is approximately 553 acres and the
acreage being leased is approximately 3,215 acres.

Cliffs expects to be able to leverage the acquired real estate
interests to develop a financially sustainable plan for the site,
which may be considered as other iron ore resources deplete.  The
purchased properties include parcels that were formerly leased by
GPIOP to Mesabi Metallics Company LLC ("Mesabi Metallics"),
formerly known as Essar Steel Minnesota.  Mesabi Metallics' lease
rights terminated on October 31, 2017 when it failed to exit
bankruptcy in connection with Chippewa's inability to timely secure
funding and other consents for its plan to take Mesabi Metallics
out of bankruptcy at that time.

Lourenco Goncalves, Chairman, President and Chief Executive
Officer, said, "We are enthused about the acquisition of this
property, which came into play after Chippewa failed to follow
through on its obligation to obtain financing and a bankruptcy exit
for Mesabi Metallics by October 31.  Despite several botched
attempts by others, it is now the time for Cleveland-Cliffs to sit
at the table with other responsible parties and develop a realistic
solution for this site."
Mr. Goncalves added: "Cleveland-Cliffs has been in Minnesota for
115 years, and we currently employ approximately 1,750 people in
three separate mining and pelletizing operations throughout the
state.  As the new owner of this real estate, we know our
responsibilities and will not disappoint the people of Minnesota."

                     About Cleveland-Cliffs

Founded in 1847, Cleveland-Cliffs Inc. (NYSE:CLF) --
http://www.clevelandcliffs.com/-- is the largest and oldest
independent iron ore mining company in the United States.  It is a
major supplier of iron ore pellets to the North American steel
industry from its mines and pellet plants located in Michigan and
Minnesota.  Additionally, it operates an iron ore mining complex in
Western Australia.  By 2020, Cliffs expects to be the sole producer
of hot briquetted iron (HBI) in the Great Lakes region with the
development of its first production plant in Toledo, Ohio.

                  About Essar Steel Minnesota

Essar Steel Minnesota LLC, now known as Mesabi Metallics Company
LLC, and ESML Holdings Inc. filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case Nos. 16-11627 and 16-11626) on July
8, 2016.  Madhu Vuppuluri, president and CEO, signed the
petitions.

ESML Holdings Inc. estimated assets at $1 billion to $10 billion
and debt at $500 million to $1 billion.  Essar Steel Minnesota LLC
estimated assets and debt at $1 billion to $10 billion.

Judge Brendan Linehan Shannon is the case judge.

Craig H. Averich, Esq., at White & Case LLP and John L. Bird, Esq.,
and Jeffrey M. Schlerf, Esq., at Fox Rothschild LLP, serve as
counsel to the Debtors.  Epic Bankruptcy Solutions, LLC, serves as
claims and noticing agent.

Andrew Vara, acting U.S. trustee for Region 3, on July 20, 2016,
appointed the official committee of unsecured creditors of ESML
Holdings, Inc., and its affiliates.  The Committee retained Andrew
K. Glenn, at Kasowitz Benson Torres & Friedman LLP, to act as
counsel.  Garvan F. McDaniel, at Hogan McDaniel, act as Delaware
counsel.  David MacGreevey, at Zolfo Cooper, LLC, is the
Committee's financial advisor.


FISKER AUTOMOTIVE: Suit on Spinoff Stock Sale Not Dismissed
-----------------------------------------------------------
Matt Chiappardi, writing for Bankruptcy Law360, reports that U.S.
Bankruptcy Judge Kevin Gross, in a 31-page opinion, held that
Emerald Capital Advisors Corp., as liquidating trustee of Fisker
Automotive Inc., have raised plausible concerns that there might
have been a breach of fiduciary duty in the Company's spinoff stock
sale.  Thus, the judge denied requests to dismiss the trustee's
lawsuit related to the matter.

                 About Fisker Automotive

Fisker Automotive Holdings, Inc., developer of the Karma plug-in
hybrid electric sedan, filed a petition for Chapter 11 protection
(Bankr. D. Del. Case No. 13-13087) on Nov. 22, 2013.

Fisker estimated assets of more than $100 million and listed debt
of $500 million in its bankruptcy petition.  The assets include an
assembly plant purchased for $21 million from General Motors Corp.
The plant never operated.  The cars were assembled in Finland.

Fisker received a $529 million loan from the Department of Energy's
Advanced Technology Vehicles Manufacturing Loan Program and drew
down about $192 million before the department froze the loan after
Fisker failed to hit several development targets.  The company
defaulted on its loan in April 2013.

Bankruptcy Judge Kevin Gross presides over the case.  

The Debtors have tapped James H.M. Sprayregen, P.C., Esq., Anup
Sathy, P.C., Esq., and Ryan Preston Dahl, Esq., at Kirkland & Ellis
LLP, in Chicago, Illinois, as co-counsel; Laura Davis Jones, Esq.,
James E. O'Neill, Esq., and Peter J. Keane, Esq., at Pachulski
Stang Ziehl & Jones LLP, in Wilmington, Delaware, as co-counsel;
Beilinson Advisory Group as restructuring advisors; and Rust
Consulting/Omni Bankruptcy, as notice and claims agent and
administrative advisor.

On Nov. 5, 2013, the Official Committee of Unsecured Creditors was
appointed. The members are: (a) David M. Cohen; (b) Sven
Etzelsberger; (c) Kuster Automotive Door Systems GmbH; (d) Magna
E-Car USA, LLC; (e) Supercars & More SRL; and (f) TK Holdings Inc.
The Committee is represented by William R. Baldiga, Esq., and
Sunni P. Beville, Esq., at Brown Rudnick LLP; and Mark Minuti,
Esq., at Saul Ewing LLP.  Emerald Capital Advisors Corp. is the
financial advisors for the Committee.

Fisker sought bankruptcy protection to pursue a private sale of its
business to Hybrid Tech Holdings, LLC.  The Committee, however,
wants a sale public sale, and has identified Wanxiang America
Corporation as stalking horse bidder.

Hybrid was initially under contract to buy Fisker in exchange for
$75 million of the $168.5 million government loan it acquired
immediately before the Debtor's Chapter 11 filing.  Hybrid later
raised its offer by adding an additional $1 million cash and
agreeing to share proceeds from the sale of a facility in Delaware
it doesn't intend to operate.  Hybrid also offered to pay real
estate taxes on the Delaware plant.  Hybrid also will waive $90
million in deficiency claims that otherwise would dilute unsecured
creditors' recovery.

Wanxiang, as stalking horse bidder, initially offered $25.8 million
in cash.  However, Wanxiang has said it has raised its offer by $10
million and is willing to go higher.

After the hearings on Jan. 10 and 13, the Court directed a public
auction, and capped Hybrid's credit bid to $25 million.

In response, Hybrid raised its offer to $55 million.

Hybrid is represented by Tobias Keller, Esq., and Peter Benvenutti,
Esq., at Keller & Benvenutti LLP, in San Francisco, California.

Wanxiang, which bought A123 Systems, Inc., a manufacturer of
lithium-ion batteries used in electric vehicles such as the Fisker
Karma, in a bankruptcy auction early in 2013 for $256.6 million, is
represented in Fisker's case by Sidley Austin LLP's Bojan Guzina,
Esq., and Andrew F. O'Neill, Esq.; and Young Conaway Stargatt &
Taylor, LLP's Edmon L. Morton, Esq., Robert S. Brady, Esq., and
Kenneth J. Enos, Esq.

On Feb. 19, 2014, the Bankruptcy Court approved the sale of
Fisker's assets to Wanxiang America Corporation.  The sale closed
on March 24, 2014.  The sale to Wanxiang is valued at approximately
$150 million, Fisker said in a news statement.

On March 27, 2014, the Court authorized Fisker Automotive Holdings
to change its name to FAH Liquidating Corp. and its affiliate,
Fisker Automotive Inc., to FA Liquidating Corp., following the
sale.

FA Liquidating Corp. fka Fisker Automotive, Inc., and FAH
Liquidating Corp. fka Fisker Automotive Holdings, Inc., notified
the U.S. Bankruptcy Court for the District of Delaware that their
Second Amended Chapter 11 Plan of Liquidation became effective as
of Aug. 13, 2014.


FLAMINGO/TENAYA: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: Flamingo/Tenaya, LLC
        7360 W Flamingo Road
        Las Vegas, NV 89147-5404

Type of Business: Based in Las Vegas, Nevada, Flamingo/Tenaya,
                  LLC is engaged in activities related to real
                  estate.  Flamingo/Tenaya filed as a Domestic
                  Limited-Liability Company in the State of
                  Nevada on March 5, 2003.

Chapter 11 Petition Date: December 12, 2017

Case No.: 17-16614

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

Judge: Hon. Laurel E. Davis

Debtor's Counsel: Michael D Mazur, Esq.
                  MAZUR & BROOKS, A P.L.C.
                  2355 Red Rock St, Ste 100
                  Las Vegas, NV 89146
                  Tel: (702) 564 3128
                  Fax: (702) 564 3175
                  E-mail: complaint@mazurandbrooks.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Lucky's Two-Way Radios, Inc., manager.

The Debtor did not file a list of 20 largest unsecured creditors
together with the petition.

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

          http://bankrupt.com/misc/nvb17-16614.pdf


FREEDOM HOLDING: Closes Sale of $11 Million Common Stock
--------------------------------------------------------
Freedom Holding Corp. disclosed in a Form 8-K filed with the
Securities and Exchange Commission that it has completed the sale
of 3,681,667 shares of its restricted common stock in exchange for
an aggregate offering price of $11,045,001.  No underwriter
discount or commission or other remuneration was paid or given
directly or indirectly.

The shares of common stock were sold to three non-U.S. persons
pursuant to the exemption from registration provided in Regulation
S promulgated under the Securities Act for offers and sales made
outside the United States.  Each purchaser represented in writing
that the purchaser is a non-U.S. person, as defined in Regulation S
and acknowledged, in writing, that the securities must be acquired
and held for investment, and may only be resold in accordance with
U.S. securities laws.  An affiliate of Arkady Rakhilkin, a Company
director, purchased 348,333 of the shares for $1,044,999.  All
certificates evidencing the shares issued will bear a restrictive
legend.

                     About Freedom Holding

Freedom Holding Corp., formerly known as BMB Munai, Inc., is
engaged in oil and natural gas exploration and production through
Emir Oil LLP, which was sold to a third party entity in 2011.  The
Company has been focused on satisfying its post-closing
undertakings in connection with the sale of Emir Oil, winding down
its operations in Kazakhstan and exploring oil and gas
opportunities.  Freedom Holding is based in Almaty, Kazakhstan.

BMB Munai reported a net loss of $578,139 for the year ended March
31, 2017, a net loss of $491,999 for the year ended March 31, 2016,
and a net loss of $138,634 for the period from Aug. 25, 2014, to
March 31, 2015.  As of Sept. 30, 2017, Freedom Holding had $245
million in total assets, $161.7 million in total liabilities and
$83.29 million in total stockholders' equity.


GALVESTON BAY: DIP Lenders Seek Appointment of Ch. 11 Trustee
-------------------------------------------------------------
Petroleum Investments, LLC, and Grace Oil Investments, LLC, ask the
U.S. Bankruptcy Court for the Western District of Texas to direct
the appointment of a Chapter 11 Trustee for Galveston Bay
Properties, LLC, or, alternatively, compelling the Debtor to
appoint a Chief Restructuring Officer.

The Movants assert that the Debtor is plagued by history of
mismanagement and failure to provide proper reporting and
accountability to creditors, which has continued even after the
Movants provided the post-petition DIP financing.

The Movants believes that the Debtor's manager, Dan Polk, has
failed to maintain the proper operations of the Debtor during the
course of this case, resulting in continuing losses to the point
where the Debtor cannot maintain operations based on the revenues
from its operations. The Movants assert that the Debtor has failed
to provide them or its other secured lender the needed (and
required) financial information.

The Movants believe that Mr. Polk is not managing the affairs of
the Debtor in a method designed to maximize the recovery of the
creditors of the Estate, or the Movants, and is not capable of
generating the type of detailed financial information and
production information necessary for the Movants, Shadow Tree
Capital Management, LLC, or other creditors to make informed
decisions in this case.

The Movants claim that the Debtor has not provided a budget to
actual comparisons, comprehensive financial date, or as mentioned,
production information. Additionally, the Debtor has not filed its
Monthly Operating Report reflecting September operations, which was
due on or before October 20, 2017.

The Movants avers that the Debtor is in default of numerous of its
obligations under its agreements with Shadow Tree in relation to
the Adversary Proceeding No. 17-05061, styled Shadow Tree Capital
Management, LLC, et al v. Galveston Bay Properties, LLC et al.

The Debtor is also in default of its obligations to the Movants
under the Loan Agreement for, among other reasons: (a) the Debtor
has been unable to maintain production on all wells on the Redfish
Reef; (b) the Debtor's failure to provide the financial information
required by the Loan Agreement; and (c) the Debtor's failure to
obtain confirmation of a Plan on or before November 3, 2017.

As such, the Movants believe that cause exists to appoint a Trustee
given (a) the history of losses -- both prior to and after the
commencement of this case; (b) the Debtor's failure to obtain full
production under the leases, risking loss of the leases (at least
until, at best, the last two days); (c) the failure to provide
proper financial and production information; and (d) the apparent
efforts by the management of the Debtor to provide overriding
royalty interests to affiliates of the Debtor on a pre-petition
basis.

To the extent that the Court does not believe the appointment of a
Chapter 11 Trustee is warranted at this point, the Movants request
that the Court compel the Debtor to appoint a Chief Restructuring
Officer, who would be charged with:

     (1) preparing and providing appropriate financial information
to Movants and other creditors, and preparing and filing Monthly
Operating Reports;

     (2) assisting the Debtor and counsel with formulating a Plan
of Reorganization and ensuring that proper operations are
maintained in the interim;

     (3) controlling the management of the Debtor and making all
employee-related, operational and management decisions for the
Debtor;

     (4) communicating with Debtor's stakeholders, including
vendors, customers, employees, lenders, court officials, attorneys
and other service providers;

     (5) investigating the Debtor's use of funds pre- and
post-petition;

     (6) performing such other tasks as may be necessary to bring
this case to an conclusion.

Petroleum Investments, LLC and Grace Oil Investments, LLC are
represented by:

            Mark C. Taylor, Esq.
            Waller Lansden Dortch & Davis, LLP
            100 Congress Avenue, Suite 1800
            Austin, Texas 78701
            Phone: (512) 685-6400
            Fax: (512) 685-6417
            Email: mark.taylor@wallerlaw.com

                    About Galveston Bay

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

Judge Craig A. Gargotta presides over the case.

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


GANDER MOUNTAIN: Needs More Time to Solicit Plan Votes
------------------------------------------------------
Gander Mountain Company and Overton's, Inc., asks the U.S.
Bankruptcy Court for the District of Minnesota to extend the
Debtors' exclusivity period, specifically by extending the period
in which the Debtors have the right to obtain acceptances of a plan
of reorganization without any other party filing a plan through
March 31, 2018.

A hearing to consider the Debtors' request will be held on Dec. 21,
2017, at 9:30 a.m.  Any response to the request must be filed by
Dec. 15, 2017.

Currently, the Debtors' exclusivity period will expire if the
Debtors have not obtained acceptances of a plan by Dec. 31, 2017.
The Debtors believe that cause exists to extend that date for
approximately 90 days, through and including March 31, 2018.  The
Debtors believe that cause exists for an extension based on the
size and complexity of these cases, their efforts in moving towards
a consensual resolution of the cases by the pending Plan jointly
proposed with the Official Committee of Unsecured Creditors, and
the status of the cases and the Plan.

The Debtors explain that their cases are large and complex.  Before
the bankruptcy filing date, the Debtors were among the largest
outdoor specialty retailers in the United States, with more than
160 locations in 27 states.  Collectively, the Debtors have
thousands of creditors and hundreds of executory contracts and
leases.  In the months following the commencement of the Debtors'
Chapter 11 cases, the majority of the Debtors' time and effort was
devoted to stabilizing their business operations, completing the
transition to operating as Chapter 11 debtors in possession, and
pursuing a sale process on a relatively fast timeline.  The Debtors
worked diligently with various key parties in interest to achieve
these tasks through various means, including: (a) implementing
various forms of relief granted by the Court shortly after the
Filing Date to allow the Debtors to maintain business as usual to
the fullest extent possible; (b) negotiating for the use of cash
generated by the Debtors' businesses; (c) analyzing various issues
relating to executory contracts and critical vendors; and (d)
undertaking and implementing a process for the sale of
substantially all of the Debtors' assets.  The Debtors also started
conducting discussions and negotiations regarding the mechanics of
a liquidating plan.

To effectively and accurately develop a liquidating plan, the
Debtors had to complete the asset sale process.  The going out of
business sales continued through the end of August 2017.  After
that, the Debtors started working with the liquidators to reconcile
the amounts owed by the Debtors or the liquidators under the Agency
Agreement.  That reconciliation affects the amount of cash the
Debtors have available for distribution under a plan.  In addition,
purchaser Camping World had the right under its Asset Purchase
Agreement to designate leases for assumption and assignment or
rejection through and including Oct. 6, 2017.  Thus, the number of
stores that would ultimately be assumed and assigned was not
finally known until that time.  That information was needed for the
plan because it affects the estimated size of the general unsecured
creditor pool, which was reduced by the amount of estimated lease
rejection costs for leases that are assumed and assigned.

The Debtors were not able to have an accurate estimate of the
amount available to unsecured creditors and the total amount of
unsecured claims until after the GOB sales were completed and
Camping World made its decisions regarding the leases.

While addressing these and other matters, the Debtors also worked
with the Committee to develop a plan of liquidation.

On Oct. 31, 2017, shortly after the key sale issues were completely
or substantially resolved, the Debtors and Committee filed a joint
plan of liquidation and a disclosure statement in support of the
Plan.  The Plan was filed prior to the expiration of the period
during which the Debtors had the exclusive right to file a plan.

The Debtors filed an amended disclosure statement on Dec. 6, 2017,
and the Court entered an order approving the amended disclosure
statement on Dec. 7.  The voting deadline is set for Jan. 22, 2018,
and the hearing on confirmation of the Plan is scheduled for Jan.
25.  Thus, the solicitation period would extend beyond the Debtors'
current exclusivity period, which requires that the Debtors obtain
acceptances of a plan by Dec. 31.

Given the status of the Plan and the remaining steps in the plan
process, more time is needed for the Debtors to solicit and obtain
acceptances of the Plan.

The Debtors believe that the Plan is the most efficient means to
distribute their remaining assets and provide for an orderly
distribution on account of the obligations owed to their creditors.
As noted, the Plan is co-sponsored by the Committee.

The Debtors assure the Court that they are paying their undisputed
bills as they become due.

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

     http://bankrupt.com/misc/mnb17-30673-1360.pdf

                     About Gander Mountain

Gander Mountain Company operates outdoor specialty stores dedicated
for shooting sports, hunting, fishing, camping, marine, apparel,
footwear, and outdoor lifestyle products.  Its subsidiary
Overton's, Inc., is a catalog and internet retailer of products for
the recreational boater and other water sports enthusiasts at
http://www.Overtons.com/

Gander Mountain and Overton's Inc. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Minn. Case Nos. 17-30673 and
17-30675) on March 10, 2017.  The cases are jointly administered
under Case No. 17-30673.  The petitions were signed by Timothy
Becker, Executive VP of Lighthouse Management Group, Inc., as CRO.
The cases are assigned to Judge Michael E. Ridgway.

At the time of the filing, Gander Mountain estimated its assets and
debt at $500 million to $1 billion.

The Debtors' advisors are Fredrikson & Byron, PA, which serves as
legal counsel; Lighthouse Management Group, chief restructuring
officer; Hilco Real Estate LLC, real estate advisor; and Faegre
Baker Daniels LLP, special corporate counsel.  Donlin, Recano &
Company Inc. is the Debtors' claims, noticing and balloting agent.
Houlihan Lokey Capital Inc. serves as the Debtors' investment
banker.

On March 13, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee members
are: (1) Ellett Brothers; (2) Carhartt, Inc.; (3) Smith & Wesson
Corp; (4) Pure Fishing, Inc.; (5) Benelli USA; (6) Vista Outdoor
Sales, LLC; (7) National Retail Properties, Inc.; (8) Liberty Safe
and Security Products, Inc.; and (9) DDR Corp.

The Committee retained Jeffrey Cohen, Esq., at Lowenstein Sandler
LLP, as its counsel and Connie Lahn, Esq., Christopher Knapp, Esq.,
and Roger Maldonado, Esq., at Barnes & Thornburg LLP as co-counsel.


GATEWAY MEDICAL: Jan. 11 Plan Confirmation Hearing
--------------------------------------------------
Judge Brian D. Lynch of the U.S. Bankruptcy Court for the Western
District of Washington issued an order approving the
administratively consolidated joint third amended disclosure
statement filed by Gateway Medical Center II, LLC, and Gateway
Medical Center, LLC.

A hearing will be held commencing Jan. 11, 2018 at 9:30 a.m. for
the Court's consideration of confirmation of the Debtors' Plan at
1717 Pacific Avenue, Ste. 2100, Courtroom I, Tacoma, WA,
98402-3233.

All acceptances or rejections of the Plan must be in writing and
submitted no later than Dec. 28, 2017.

Any objections to confirmation of the Plan must be in writing and
filed and served no later than Dec. 28, 2017.

                     About Gateway Medical

Gateway is a Washington limited liability company formed on May 28,
2004.  Gateway Medical Center, LLC owns a medical office building
located at 2501 NE 134th St., Vancouver, Washington.  It is
adjacent to a medical office building owned by affiliate Gateway
Medical Center II, LLC, located at 2621 NE 134th St., Vancouver,
Washington.

Gateway Medical Center, LLC, and Gateway Medical Center II, LLC,
filed separate Chapter 11 petitions (Bankr. W.D. Wash. Case Nos.
17-41779 and 17-41780, respectively), on May 4, 2017.  At the time
of filing, Gateway Medical Center had $1 million to $10 million in
estimated assets and Gateway Medical Center II had $10 million to
$50 million in estimated assets. Both Debtors have liabilities
estimated to be between $1 million to $10 million.

The petitions were signed by Daniel J. Boverman, manager.  The
cases are assigned to Judge Brian D Lynch.  The Debtor is
represented by Tara J. Schleicher, Esq., at Farleigh Wada Witt.

No trustee or examiner has been appointed.


GATSBY'S MEN: Needs to Work with Stakeholders to Build Plan Support
-------------------------------------------------------------------
Gatsby's Men Wear, LLC, asks the U.S. Bankruptcy Court for the
Western District of Texas for extension of the Debtor's exclusivity
period to file a Chapter 11 plan through and including April 21,
2018.

The Debtor says that extending the exclusivity period by 120 days
is required to resolve certain contingencies.  A substantial
portion of the Debtor's income is earned during the holiday season.
The Debtor anticipates it will have a substantial amount of cash
available to distribute to unsecured creditors following the
holiday season but cannot accurately predict the amount of cash on
hand it will have on hand at this time.  Further, the Debtor has
substantial claims against various predatory lenders it intends to
file shortly.  The resolution of these claims will affect the plan
the Debtor will be proposing in this case.

The Debtor took out an SBA loan through JPMorgan Chase Bank in May
2016, to finance tenant finish out and to purchase inventory for
the Barton Creek location.  The rent at Barton Creek proved to be
too high for the Debtor to operate profitably and the Debtor began
experiencing operating losses.

Desperate for cash and unable to raise money from traditional
sources, the Debtor entered a series of short term, usurious
interest rate loans with various Merchant Cash Advance lenders.
The Debtor was unable to continue to pay the usurious loans and
several predatory lenders entered confession of judgments they
obtained as security for their loans; and started garnishing the
Debtor's bank accounts, leaving the Debtor without cash to fund
operations.

Despite these challenges, the Debtor has made significant progress
towards a successful restructuring.  Among other things, the Debtor
stabilized its business operations and smoothly transition into
Chapter 11, obtained important first day relief, negotiated a
comprehensive adequate protection package for the use of cash
collateral with its secured creditor, filed schedules and
statements of financial affairs, negotiated a new lease agreement
with the Simon Properties, in which the landlord agreed to waive
its lease rejection claim and reduced the rent from approximately
$46,000 per month to approximately $18,000 per month, obtained a
post-petition consignment financing agreement allowing it to pay
off its SBA loan at an accelerated rate and continue to purchase
inventory from its vendors without incurring additional debt.

The Debtor's business is seasonal, and a large portion of its sales
occur between October and January.  It needs time to get through
the holiday season and to continue to work with its stakeholders to
build support for its plan.  The Debtor has demonstrated that it
can obtain consensus in this case and will be in a better position
to propose a plan of reorganization after it has an opportunity to
reduce its inventory and build cash.

Additionally, the Debtor needs time to prosecute litigation against
several predatory lenders on claims including preferential
transfers, fraudulent transfers, fraud, violation of criminal usury
statutes and breach of contract.

In sum, the Debtor has made substantial progress in this case in a
short period of time and is seeking its first and only extension of
exclusivity to allow it to continue working toward a consensual
reorganization plan.

The Debtor says sufficient cause exists to extend the exclusivity
period. The Debtor states that it has demonstrated good faith
progress towards reorganization during the approximately five
months since the case was filed, which warrants an extension of the
and an extension of the exclusivity period to 300 days.  The
Debtor's progress thus far includes:

     a. Obtaining First Day Relief: The Debtor stabilized its
        business operations through various operational first day
        motions and orders.  This allowed it to, among other
        things, pay employees, pay critical vendors, maintain
        insurance programs, and continue using its cash
        management system;

     b. Achieving a Consensual Cash Collateral Order: The Debtor
        successfully secured key stakeholder support for an
        agreed cash collateral order;

     c. Obtaining Post-Petition Consignment Financing: Before a
        contested evidentiary hearing, the Debtor successfully
        obtained post-petition consignment financing that allowed
        it to continue purchasing inventory from vendors critical
        to its business, accelerate payment of its SBA loan, and
        generate additional funds to pay its unsecured creditors
        through the liquidation of its inventory;

     d. Negotiated Substantial Rent Reduction at Barton Creek:
        the Debtor successfully negotiated a substantial
        reduction in the rent paid on its Barton Creek location,
        thereby eliminating further operating losses at that
        location and allowing it to continue operations and
        recover its investment in that store; and

     e. Negotiating with Stakeholder's regarding the Debtor's
        Proposed Restructuring: the Debtor continues to negotiate
        with various parties in interest and attempt to obtain
        support for plan of reorganization.

                     About Gatsby's Men Wear

Gatsby's Men Wear, LLC, a small business debtor as defined in 11
U.S.C. Section 101(51D), is a clothing retailer in Bee Cave, Texas.
It tailors and sells men's wear clothing.  The company was formed
on March 26, 2013, and operates two retail stores.  It has been
operating profitably in The Hill Country Galleria since inception.
The Company expanded and opened a second location in Barton Creek
Mall in late 2016, and has been struggling financially since then.

Gatsby's Men Wear filed a Chapter 11 petition (Bankr. W.D. Tex.
Case No. 17-10785) on June 26, 2017.  The petition was signed by
Larry M Claybough, president.  At the time of filing, the Debtor
estimated under $50,000 in assets and $1 million to $10 million in
liabilities.  The case is assigned to Judge Tony M. Davis.  The
Debtor is represented by Frederick E. Walker, Esq., at Frederick E.
Walker PC.


GETCHELL AGENCY: N.R. Hull Appointed Chapter 11 Trustee
-------------------------------------------------------
The Hon. Peter G. Cary of the U.S. Bankruptcy Court for the
District of Maine has approved the appointment of Nathaniel R. Hull
as the Chapter 11 Trustee in the bankruptcy case of the Getchell
Agency.

On November 21, 2017, the U.S. Trustee filed the Motion for the
Entry of an Order Converting Chapter 11 Case to a Proceeding Under
Chapter 7 of the United States Bankruptcy Code or, Alternatively,
Appointing a Trustee.

After conducting a hearing on the Motion, on November 28, 2017, the
Court entered the Order, authorizing the United States Trustee to
appoint a chapter 11 trustee for the Debtor.

The U.S. Trustee is represented by:

            Stephen G. Morrell, Assistant U.S. Trustee
            Office of United States Trustee
            537 Congress Street, Suite 300
            Portland, ME 04101
            Phone: (207) 780-3564 Ext. 205
            Fax: (207) 780-3568

                   About The Getchell Agency

Headquartered in Bangor, Maine, The Getchell Agency, aka Getchell
Agency Inc, aka The Getchell Agency Inc, aka Getchell Agency filed
for Chapter 11 bankruptcy protection (Bankr. D. Maine Case No.
16-10172) on March 25, 2016, estimating under $50,000 in assets and
between $1 million and $10 million in liabilities. The petition was
signed by Rena J. Getchell, president. The Debtor hires Strout &
Payson, as counsel, and Curtis Thaxter, LLC, as special counsel.


GLOBAL BROKERAGE: FXCM Group Owner Pursues Prepack Chapter 11 Case
------------------------------------------------------------------
Global Brokerage, Inc. (NASDAQ:GLBR), sought Chapter 11 protection
with a prepackaged reorganization plan that would exchange $172.5
million of convertible senior notes for new notes, and leave other
creditors and stockholders unimpaired.

Global Brokerage disclosed that after receiving votes from
approximately 78.5% of the holders of its 2.25% Convertible Notes
due 2018 -- Current Notes -- unanimously approving its proposed,
prepackaged plan of reorganization, it has filed a voluntary
petition for reorganization under Chapter 11 of the Bankruptcy Code
in the United States Bankruptcy Court for the Southern District of
New York.  The bankruptcy case is expected to take no longer than
60 days.  All voting creditors voted in favor of the Plan.

As announced on Nov. 10, 2017, Global Brokerage and its affiliate,
Global Brokerage Holdings, LLC, an ad hoc group of holders of more
than 68.5% of the Current Notes, FXCM Group LLC, and Leucadia
National Corporation and LUK-FX Holdings LLC entered into a
restructuring support agreement to restructure the obligations of
Global Brokerage and Global Brokerage Holdings pursuant to the
Plan.
The overall purpose of the Plan is to enable Global Brokerage to
exchange the Current Notes for new notes that have a five-year
extended maturity and to restructure its current operations to
reduce current expenses.

FXCM Group is not involved with the Chapter 11 filing.  FXCM's
customers and customer funds will not be impacted by the RSA and
the Plan.  Similarly, FXCM's banking and trading counterparties,
service providers, and other business relationships will not be
impacted.  FXCM Group, a leading retail FX and CFD broker will
continue to operate normally.

A hearing on the Debtors' first day motions will be held on Dec.
13, 2017 at 3:00 p.m. (ET) before the Honorable Michael E. Wiles,
United States Bankruptcy Court for the Southern District of New
York, One Bowling Green, Room 617, New York, NY 10004.

                      The Debtor's Business

The Debtor is a holding company with limited business operations.
Its primary asset is its ownership of limited liability company
membership interests in Global Brokerage Holdings, LLC
("Holdings"), which represent 100% of the outstanding Class A
membership interests in Holdings.  Holdings is also a holding
company with limited business operations.  Holdings' primary asset
is its ownership of limited liability company interests in FXCM
Group, LLC ("FXCM"), which represent 50.1% of the Class A
membership interests in FXCM.  FXCM and its subsidiaries -- the
FXCM Entities -- are operating companies that provide online
foreign exchange (forex) trading, CFD trading, spread betting and
related services.  Neither Holdings, FXCM nor any other FXCM Entity
is or is expected to be a debtor under the Bankruptcy Code nor has
any obligation with respect to the Existing Notes.

The Debtor derives all of its revenue from distributions and
payments made by Holdings to it.  Holdings derives all of its
revenue from distributions and payments made by FXCM to Holdings.
FXCM is an operating company whose revenues are used to pay
expenses incurred in its operations, to maintain required
regulatory reserves, to maintain margin deposits with liquidity
providers, to pay debt service and for other corporate purposes of
FXCM.

Excess revenues are available for distribution to members of FXCM,
including Holdings, in accordance with the provisions of the FXCM
Agreement.  Holdings has no source of revenues other than from
distributions and payments made by FXCM to it, and in turn, the
Debtor has no source of revenue other than from distributions and
payments made by Holdings to the Debtor.  Prior to January 2015,
the business and operations of FXCM were conducted by Holdings.  On
Jan. 15, 2015, the customers of Holdings and the FXCM Entities who
were subsidiaries of Holdings suffered significant losses and
generated negative equity balances -- debit balances -- owed to it
of approximately $275.1 million.   This was due to the
unprecedented volatility in the EUR/CHF currency pair after the
Swiss National Bank ("SNB"), without any advance notice to the
marketplace, discontinued its currency floor of 1.2 CHF per EUR on
that date.  These debit balances resulted in a temporary breach of
certain regulatory capital requirements and subjected operations to
being immediately shut down.

On Jan. 16, 2015, to address the deficit capital requirements,
Holdings formed FXCM and contributed all of the equity interests
owned by Holdings in its operating subsidiaries to FXCM.  Holdings
and FXCM then entered into the Leucadia Credit Agreement, with
Leucadia National Corporation, as administrative agent, and certain
lenders thereto, pursuant to which Leucadia National Corporation --
together with LUK-FX Holdings, LLC, "Leucadia" -- provided a $300
million, two-year term loan to Holdings and FXCM.  The financing
provided to FXCM and Holdings by Leucadia enabled FXCM to maintain
compliance with regulatory capital requirements and continue
operations.

On Sept. 1, 2016, FXCM, Holdings and Leucadia agreed to amend the
terms of the Leucadia Credit Agreement to, among other things,
extend the maturity to January 2018, and FXCM, LUK-FX Holdings, and
Holdings entered into an Amended and Restated Limited Liability
Company Agreement of FXCM.  Pursuant to the FXCM Agreement, LUK-FX
Holdings, LLC, became an owner of 49.9% of the Class A Units of
FXCM, with Holdings owning the remaining 50.1% of the Class A
Units.  The FXCM Agreement restricts (with certain exceptions)
distributions on account of FXCM's equity interests until the
Leucadia Credit Agreement is repaid in full.  The FXCM Agreement
further specifies how certain distributions from FXCM are to be
allocated between LUK-FX Holdings, LLC and Holdings, after the
Leucadia Credit Agreement is repaid.

             Circumstances Leading to Chapter 11 Case

GLBR is the issuer of certain notes, the terms of which are: $172.5
million aggregate principal amount of 2.25% Convertible Senior
Notes Due in 2018 and governed by an Indenture, dated as of June 3,
2013 (as amended, restated, modified or supplemented from time to
time), by and among GLBR, as issuer, and Bank of New York Mellon,
as indenture trustee.  The Existing Notes pay interest
semi-annually on June 15 and Dec. 15 at a rate of 2.25% per year.
The indenture governing the Existing Notes does not prohibit GLBR
from incurring additional senior debt or secured debt, nor does it
prohibit any of GLBR's subsidiaries from incurring additional
liabilities.

Until Nov. 15, 2017, GLBR's Class A Common Stock was traded on the
NASDAQ Global Market ("NASDAQ") under the symbol "GLBR."  On May 2,
2017, NASDAQ notified GLBR that, for the prior 30 consecutive
business days, the market value of GLBR's publicly held shares was
less than $15.0 million, and as a result, GLBR did not meet the
requirement for continued listing under NASDAQ's listing rules.
NASDAQ further notified GLBR that the market value of GLBR's Class
A Common Stock must exceed $15.0 million for 10 consecutive
business days between May 2, 2017 and Oct. 30, 2017 to avoid such
stock being delisted by NASDAQ.

The market value of GLBR's Class A Common Stock did not exceed
$15.0 million for 10 consecutive business days between May 2, 2017
and Oct. 30, 2017.

Thus, on November 6, 2017, NASDAQ provided written notice to GLBR
that its Class A Common Stock would be delisted from the NASDAQ
Global Market effective Nov. 15, 2017.  The failure of GLBR to
remain listed on NASDAQ Global Market is a "Fundamental Change,"
under the Existing Notes Indenture, which results in each holder of
the Existing Notes having the right, following a notice period of
up to 55 days, at that holder's option, to require GLBR to purchase
for cash all of such holder's Existing Notes at a purchase price
equal to 100% of the principal amount thereof, plus any accrued and
unpaid interest. GLBR does not have sufficient funds to repurchase
the Existing Notes should one or more of the holders require
repurchase.  The failure to satisfy the repurchase obligations
constitutes an event of default under the Existing Notes
Indenture.

GLBR is also obligated to make a scheduled interest payment to
holders of the Existing Notes on December 15, 2017, subject to a
30-day grace period.  GLBR does not have and does not anticipate
having sufficient liquidity to make the Dec. 15, 2017 interest
payment.  Absent a waiver or forbearance from the holders of the
Existing Notes, the failure by GLBR to make this interest payment
could result in the acceleration of the maturity of the Existing
Notes.  GLBR does not currently have sufficient liquidity, nor does
it anticipate having sufficient liquidity on or before Jan. 14,
2018, to repay the Existing Notes in full if the holders of the
Existing Notes elected to accelerate the maturity of the Existing
Notes.

Moreover, the Existing Notes mature by their own terms in June
2018.

GLBR does not have sufficient funds and does not anticipate having
sufficient funds to repay the Existing Notes at maturity.  GLBR
does not believe that it will be able to refinance the Existing
Notes prior to maturity, other than on the terms set forth in the
Plan.

In light of the notice of delisting by NASDAQ, the impending Dec.
15, 2017 interest payment and the impending June 2018 maturity of
the Existing Notes, GLBR engaged Holdings, FXCM and their key
constituencies, including an ad hoc group of holders of Existing
Notes -- Consenting Noteholders -- and Leucadia in extensive
arm's-length negotiations regarding a potential restructuring of
GLBR's obligations under the Existing Notes. Those negotiations
resulted in an agreement and on November 10 the Debtor executed the
RSA with Holdings, FXCM, the Consenting Noteholders, and Leucadia
-- Plan Support Parties -- pursuant to which the Consenting
Noteholders agreed to vote in favor of and support confirmation of
the Plan.

The Debtor's solicitation for votes to accept or reject its Plan
was completed on Dec. 4, 2017, prior to the commencement of the
Chapter 11 Case.  Holders of more than 78.5% in dollar amount of
the Existing Notes claims voted to accept the Plan, and no holder
voted to reject the Plan.

Pursuant to the RSA and the Plan, GLBR will exchange the Existing
Notes for New Notes with an extended maturity of approximately five
years, which New Notes are secured by the assets of GLBR and
Holdings, have a 7% interest rate, and provide holders with
additional governance rights at Holdings.  The maturity of the
Leucadia Credit Agreement will also be extended for one year. These
modifications will enhance the likelihood of distributions being
made from FXCM to Holdings and Holdings to GLBR to permit GLBR to
pay its obligations.  The terms of the FXCM Agreement and the
Leucadia Credit Agreement will be amended to permit FXCM to make
certain distributions to Holdings, thus enabling Holdings to make
distributions to GLBR, including for certain interest payments on
the New Notes.

All of the Debtor's other creditors are unimpaired under the Plan
and their claims will be satisfied in full in the ordinary course
of business.  Shareholders will retain their equity under the Plan.
Accordingly, the Debtor believes the Plan maximizes the value of
the business and maintains GLBR's business for the benefit of all
stakeholders through this prepackaged Chapter 11 Case.

The Plan seeks consensual releases for the benefit of certain
non-debtor parties including the Debtor's officers and directors,
Holdings, FXCM, Leucadia and the Consenting Noteholders. The
third-party releases are a fundamental and necessary part of the
bargained-for exchange by the Plan Support Parties to obtain, among
other things, the concessions made by Leucadia, FXCM, Holdings and
the Consenting Noteholders in the RSA and the Transaction
Documents, including the Plan and the New Notes.  The only holders
of classified claims or interest who are granting releases are
Class 3 claimants (holders of Existing Notes) who voted in favor of
the Plan.  Both the Plan and the ballots fully disclosed the
release in bold type.  Creditors and Interest Holders who are
deemed to be unimpaired under the Plan are not granting releases.
Class 3 claimants who voted to reject the Plan or alternatively,
who did not vote on the Plan, are not granting releases.  The
releases were narrowly tailored, fully disclosed and consensual.

                        Proposed Timeline

The Debtor believes that, in order to preserve the value of the
estate, this Chapter 11 Case must proceed in an expeditious manner.
The Debtor's stakeholders have supported the Debtor's business
leading up to the bankruptcy filing in anticipation of a prompt
restructuring that does not impact the Debtor's business.  To
ensure that result, the Debtor negotiated a favorable transaction
with the parties to the RSA.  In exchange for that consideration,
the parties to the RSA have insisted that chapter 11 costs be
minimized and that the restructuring be effectuated promptly to
avoid delay and loss of value.

The terms of the RSA reflect that belief and include milestones for
confirmation and consummation of the Plan:

   * Plan Supplement Deadline: January 5, 2018
   * Objection Deadline: January 10, 2018
   * Reply Deadline: January 15, 2018
   * Combined Hearing: January 17, 2018

                      About Global Brokerage

New York-based Global Brokerage, Inc., is a holding company with an
indirect effective ownership of FXCM Group, LLC through its equity
interest in Global Brokerage Holdings, LLC.  Through FXCM Group,
LLC the company provides an online foreign exchange trading and
related services to more than 178,000 active retail accounts
globally as of Dec. 31, 2016.  The company offers its customers
access to over-the-counter FX markets and has developed a
proprietary technology platform that it believes provides its
customers with an efficient and cost-effective way to trade FX.
The company also offers its non-U.S. customers the ability to trade
contracts-for-difference.

Global Brokerage  filed a voluntary Chapter 11 petition (Bankr.
S.D.N.Y. 17-13532) with a prepackaged reorganization plan on Dec.
11, 2017.  The Debtor disclosed total assets of $78.78 million and
total liabilities of $172.55 million as of Oct. 31, 2017.  The case
is pending before the Honorable Michael E. Wiles.

Global Brokerage's legal advisors are King & Spalding LLP, and its
financial advisors are Perella Weinberg Partners LP.   The claims
agent, Prime Clerk, maintains the Web site
https://cases.primeclerk.com/globalbrokerage.


GO WIRELESS: Moody's Assigns B1 CFR & Rates $400MM 1st Lien Loan B1
-------------------------------------------------------------------
Moody's Investors Service assigned first-time ratings to Go
Wireless Holdings, Inc., including a B1 Corporate Family Rating and
a B1-PD Probability of Default Rating. Moody's also assigned a B1
rating to the company's proposed $400 million first lien secured
Term Loan facility. The rating outlook is stable. The ratings
assigned are based on the terms and conditions provided to Moody's
and are subject to final documentation. Proceeds from the proposed
$400 million first lien secured term loan, along with cash on hand
will be used to refinance approximately $173 million of the
company's existing debt, pay a shareholder distribution, pay
transactions fees and expenses and to support future growth. The
company is also entering into a $50 million asset based revolving
credit facility (unrated).

Assignments:

Issuer: Go Wireless Holdings, Inc.

-- Probability of Default Rating, Assigned B1-PD

-- Corporate Family Rating, Assigned B1

-- Senior Secured Bank Credit Facility, Assigned B1 (LGD3)

Outlook Actions:

Issuer: Go Wireless Holdings, Inc.

-- Outlook, Assigned Stable

RATINGS RATIONALE

The B1 Corporate Family rating reflects Go Wireless' solid
competitive position as a leading independent retailer of Verizon
wireless products, as well as a provider of services and
accessories for mobile electronic devices. The rating also
recognizes Go Wireless' very good liquidity and credit metrics,
which pro forma for the contemplated refinancing result in leverage
as measured by debt/EBITDA of around 4.8x and interest coverage as
measured by EBIT/interest of around 1.4x for fiscal year 2017. As
Go Wireless begins to expand EBITDA through the integration of
acquisitions and other growth initiatives, and reduces debt using
excess free cash flow, Moody's expects leverage and coverage will
improve to around 4.0x and 1.8x respectively in the next 12-18
months. The rating also recognizes the company's favorable
qualitative profile that benefits from the non-discretionary nature
of cell phones and the overall strength of the wireless sector, as
well as its diverse sources of revenue, including proprietary
insurance and warranty offerings and private label accessories. The
rating also considers Go Wireless' mutually beneficial
relationships with Verizon and cellphone manufacturers, which is a
competitive advantage over smaller operators.

The stable outlook reflects Moody's expectation that credit metrics
will modestly improve in the next 12-18 months and financial policy
will be benign.

An upgrade would require the company to maintain conservative
financial policies, particularly with shareholder returns and
acquisitions. Quantitatively ratings could be upgraded if
debt/EBITDA was maintained below 4.0x and EBIT/interest sustained
above 2.0x. Ratings could be downgraded if either a more aggressive
financial policy or weakened operating performance resulted in
debt/EBITDA increasing to over 5.0x or EBIT/interest falling below
1.50x, or if liquidity weakens.


GO WIRELESS: S&P Assigns 'B' Corp Credit Rating, Outlook Stable
---------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to Las
Vegas-based Verizon authorized retailer Go Wireless Holdings Inc.
The outlook is stable.

S&P said, "At the same time, we assigned our 'B' issue-level rating
and '3' recovery rating to Go Wireless' proposed $400 million
first-lien term loan due 2024. The '3' recovery rating indicates
our expectation for meaningful (50%-70%, rounded estimate: 60%)
recovery in the event of a payment default. The company's capital
structure will also include a $50 million asset-based lending (ABL)
revolver facility due 2022, which we do not rate."

The ratings on Go Wireless reflect its decent market position as
Verizon's third-largest independent retailer based on store count
and somewhat non-discretionary nature of demand for mobile phones.
These factors are offset by the company's complete dependence on
Verizon as the sole broadband provider that narrows its service
offerings, susceptibility of revenues and cash flows to product
cycles, potential changes to commissions received from Verizon, and
execution risks associated with the company's aggressive growth
strategy. Over the next 12 months, S&P expects adjusted debt to
EBITDA to approach 5.0x, mainly on EBITDA contributions from
acquisitions.

S&P said, "The stable outlook reflects our expectation that
adjusted debt to EBITDA will approach 5.0x and fixed-charge
coverage of just below 2.0x over the next 12 months given our
expectation for EBITDA base expansion upon store acquisitions and
modest improvement in margins, partially offset by potential
increase in debt to finance some of these acquisitions.

"We could lower the rating if we expect adjusted debt to EBITDA to
be sustained above 6.0x and fixed-charge coverage ratio of 1.5x or
less. Potential scenarios include the company's inability to
effectively execute on its growth strategy and expand its EBITDA
base or deterioration of operating performance, possibly because of
unfavorable commission arrangements or heightened competition.

"We could raise the rating if we expect the company to sustain
adjusted debt to EBITDA of less than 4.5x and fixed-charge coverage
ratio of 2.2x or better. This could be the case if the company is
able to materially grow its EBITDA base while modestly improving
its margins on meaningful traction in its operating initiatives."


GOOD FIGHT: Whitney Bank's Monthly Payment Raised to $331.25
------------------------------------------------------------
Good Fight of Faith Assembly, Inc., filed with the U.S. Bankruptcy
Court for the Western District of Louisiana a modified plan of
reorganization dated August 2, 2017.

The plan modifies the treatment Whitney Bank's Class 1 secured
claim.

Whitney Bank will now have a secured claim in the amount of
$28,529.21 (as of Oct. 18, 2017) to be paid with interest at the
rate of 7% in 59 monthly installments of $331.25 each followed by
one final payment of $17,059.88 (or such amount as may be necessary
to pay the claim in full on that date).

The bank's previous secured claim was in the amount of 27,586.85 to
be paid with interest at the rate of 7% in 59 monthly installments
of $320.31 each followed by one final payment of $16,270.49.

The bank will retain its lien until payment of the secured claim in
full as set forth in this plan.

A full-text copy of the Modified Plan of Reorganization is
available at:

     http://bankrupt.com/misc/lawb16-81296-62.pdf

            About Good Fight of Faith Assembly

Founded in 2001, Good Fight of Faith Assembly is a small
organization in the religious organizations industry located in
Alexandria, Louisiana.  Good Fight of Faith Assembly, Inc., filed a
Chapter 11 bankruptcy petition (Bankr. W.D. La. Case No. 16-81296)
on Nov. 30, 2016, listing under $1 million in both assets and
liabilities.  The Debtor is represented by L. Laramie Henry, Esq.,
as counsel.  The Debtor has approximately two full-time employees
and generates an estimated $53,713 in annual revenue at the time of
the bankruptcy filing.


GULF COAST HOSPICE: Has Until March 13 to Solicit Plan Votes
------------------------------------------------------------
The Hon. Karen K. Brown of the U.S. Bankruptcy Court for the
Southern District of Texas has extended, at the behest of Gulf
Coast Hospice of Houston, Ltd., the exclusive period for the Debtor
to solicit acceptances of its proposed plan of reorganization
through and including March 13, 2018.

The Court also granted the Debtor's request to extend the exclusive
period for the Debtor to file a plan through and including Dec. 13,
2017.

As reported by the Troubled Company Reporter on Nov. 3, 2017, the
Debtor sought an extension for the first time.  U.S. Bankruptcy
Code Section 1121(b) provides for an initial 120-day period after
the Petition Date within which the Debtor has the exclusive right
to file a plan.  Bankruptcy Code Section 1121(c) further provides
for an initial 180-day period after the Petition Date within which
the Debtor has the exclusive right to solicit and obtain
acceptances of a plan.

                    About Gulf Coast Hospice

Headquartered in Sugar Land, Texas, Gulf Coast Hospice of Houston,
Ltd., is a Texas limited partnership and operates as a hospice care
agency in the Houston area.  Though the company experienced a
reduction of business over the past several months, the
organization remains operational and expects to continue operations
now that the business is gradually increasing.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Tex. Case No. 17-31653) on March 17, 2017, estimating its assets at
between $100,001 and $500,000 and its liabilities at between
$500,001 and $1 million.

The Debtor is represented by Timothy Webb, Esq., at Webb
Associates.


HELIOS AND MATHESON: Acquires 51.7% Ownership of MoviePass
----------------------------------------------------------
Helios and Matheson Analytics Inc. completed on Dec. 11, 2017, its
acquisition of a majority interest in MoviePass Inc., a Delaware
corporation, pursuant to the Securities Purchase Agreement, dated
as of Aug. 15, 2017, between HMNY and MoviePass, and the Investment
Option Agreement, dated Oct. 11, 2017, between HMNY and MoviePass.

At the closing of the MoviePass Transaction, MoviePass issued HMNY
81,542,016 shares of its common stock representing 51.71% of its
outstanding common stock in exchange for the following
consideration: (1) a subordinated convertible promissory note in
the principal amount of $12,000,000, which is convertible into
shares of HMNY's common stock; (2) a $5,000,000 promissory note
issued to MoviePass; and (3) the cancellation of a convertible
promissory note issued by MoviePass to HMNY in an aggregate
principal amount of $11,500,000.

In addition, pursuant to the terms of the Note Purchase Agreement,
dated as of Dec. 11, 2017, among HMNY, MoviePass and Christopher
Kelly, a director, stockholder and noteholder of MoviePass, HMNY
agreed to purchase from Kelly, within two business days after the
Closing, MoviePass convertible promissory notes in an aggregate
principal amount of $1,000,000 for $1,000,000 in cash, which will
automatically convert into 6,813,178 shares of MoviePass' common
stock amounting to an additional 2% of the outstanding shares of
MoviePass common stock on a post-transaction basis within two
business days after the Closing, pursuant to a Note Conversion
Agreement to be entered into between HMNY and MoviePass.

Pursuant to the MoviePass Option Agreement, upon the Closing, the
outstanding convertible promissory notes issued by MoviePass to
HMNY in an aggregate principal amount of $12,150,000 as of the
Closing date, which includes additional option exercises by HMNY on
Dec. 5, 2017 and Dec. 7, 2017 in an aggregate amount of $2,800,000,
were cancelled in exchange for 15,789,764 additional shares of
MoviePass' common stock.

Upon completion of the issuances, HMNY will own approximately 57.8%
of MoviePass' issued and outstanding common stock, which may be
increased in connection with additional option exercises following
Closing in accordance with the terms of the MoviePass Option
Agreement.

               Amendment No. 2 to the MoviePass SPA

Immediately prior to the completion of the MoviePass Transaction,
HMNY and MoviePass entered into a second amendment to the MoviePass
SPA, pursuant to which, in lieu of issuing 4,000,001 unregistered
shares of HMNY common stock to MoviePass at the Closing, HMNY
agreed to issue the Helios Convertible Note to MoviePass, which
will convert automatically upon HMNY's receipt of approval of its
stockholders relating to the issuance of the Helios Shares as
required by and in accordance with Nasdaq Listing Rule 5635 into
4,000,001 unregistered shares of HMNY common stock. If MoviePass
fails to list its common stock on The Nasdaq Stock Market or the
New York Stock Exchange by March 31, 2018, 666,667 of the
Conversion Shares will be subject to forfeiture by MoviePass, in
HMNY's sole discretion.

Pursuant to the terms of a voting agreement entered into at the
Closing among HMNY, MoviePass and 5% or greater stockholders of
MoviePass, subject to applicable rules and regulations, the Chief
Executive Officer of HMNY has the right to designate two directors
to the board of directors of MoviePass and the Chief Executive
Officer of MoviePass has the right to designate three directors of
the board of directors of MoviePass.  In accordance with the terms
of the Voting Agreement, each party is required to vote in favor of
those designees.

At the Closing, HMNY, MoviePass and certain stockholders of
MoviePass, entered into an investors' rights agreement, which
provides such investors with certain information rights, including
access to financial information of MoviePass and inspections
rights.  In addition, HMNY will receive the right to approve
certain MoviePass corporate actions and will require MoviePass to
register the shares of its common stock issued to HMNY with the
U.S. Securities and Exchange Commission.

At the Closing, HMNY and MoviePass each entered into a lock-up
agreement.  Pursuant to the Lock-Up Agreements, each of MoviePass
and HMNY agreed that from the date of the Lock-Up Agreement and
ending on the later of one year from the date thereof or six months
after the date on which shares of MoviePass' common stock begin
trading on the Nasdaq Stock Market or the New York Stock Exchange,
neither MoviePass nor HMNY (i) will sell, (ii) enter into any swap
or other arrangement that transfers to another, in whole or in
part, any of the economic consequences of ownership of, or (iii)
permit to exist any security interest, lien, claim, pledge, option,
right of first refusal, agreement or limitation on MoviePass' or
HMNY's voting rights, engage in any hedging or other transaction
which is designed to, or which reasonably could be expected to lead
to or result in a sale or disposition of, the shares of MoviePass
owned by HMNY or the Conversion Shares, when issued.

At the Closing, HMNY and MoviePass also entered into a voting proxy
agreement, pursuant to which MoviePass granted a proxy in favor of
Theodore Farnsworth, in his capacity as the Chief Executive Officer
of HMNY, with respect to the Conversion Shares.

Additional information is available for free at:

                       https://is.gd/it4sB2

                    About Helios and Matheson

Since 1983, Helios and Matheson Analytics Inc. (NASDAQ:HMNY) --
http://www.hmny.com/-- has provided information technology
services and solutions to Fortune 1000 companies and other large
organizations.  The Company offers its clients an enhanced suite of
services of predictive analytics with technology at its foundation
enriched by data science.  The Company is headquartered in New York
City and has an office in Bangalore India.

Helios and Matheson reported a net loss of $7.38 million for the
year ended Dec. 31, 2016, compared to a net loss of $2.11 million
for the year ended Dec. 31, 2015.  As of Sept. 30,2017, Helios and
Matheson had $17.46 million in total assets, $41.54 million in
total liabilities, $2.09 million in redeemable common stock and a
$26.17 million total shareholders' deficit.


HUTCHESON MEDICAL: Trustee Selling Lafayette Proeprty for $100K
---------------------------------------------------------------
Ronald Glass, the Chapter 11 Trustee of Hutcheson Medical Center,
Inc. and Hutcheson Medical Division, Inc., asks the U.S. Bankruptcy
Court for the Northern District of Georgia to authorize the sale of
the Debtors' interest in the real property located in Walker
County, Georgia, together with any improvements located thereon,
with a street address of 611 E. Villanow St., Lafayette, Georgia to
Bobby Teems for $100,000.

During the course of the Chapter 11 case, the Trustee has sold all
of the Debtors' operating assets and most of its real property.  He
is currently trying to dispose of the remaining parcels of real
property owned by the Debtors.  To this end, the Trustee has
recently entered into a purchase and sale agreement with the Buyer
to sell the Property.  

He proposes to sell the Debtors' interest in the Property to the
Buyer for a gross purchase price of $100,000, free and clear of any
and all liens, claims, interests and encumbrances.  Any valid,
perfected and enforceable liens will attach to the net proceeds
generated from the sale of the Property.  The Trustee does not
believe that any creditor currently asserts a security interest in
the Property.  Any accrued and unpaid ad valorem tax obligation
owed on the Property would be paid at closing.  The Agreement
contemplates a Jan. 15, 2018 sale closing.

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

     http://bankrupt.com/misc/Hutcheson_Medical_875_Sales.pdf

Because of the need to close the transactions contemplated as
promptly as possible, the Trustee asks that the Court orders and
directs that the order approving the Motion will not be
automatically stayed for 14 days.

                About Hutcheson Medical Center

Hutcheson Medical Center, Inc., operates the 179-bed hospital and
related ancillary facilities, including, without limitation, a
skilled nursing home and an ambulatory surgery center, located in
Ft. Oglethorpe, Georgia, known as Hutcheson Medical Center.  HMC
leases the land and buildings that comprise the Medical Center from
The Hospital Authority of Walker, Dade and Catoosa Counties.

HMC and Hutcheson Medical Division, Inc., sought Chapter 11
bankruptcy protection (Bankr. N.D. Ga. Case No. 14-42863 and
14-42864) in Rome, Georgia, on Nov. 20, 2014.  The cases are
jointly administered under Case No. 14-42863.

The cases have been assigned to the Honorable Paul W. Bonapfel.

The Debtors are represented by Ashley Reynolds Ray, Esq., and J.
Robert Williamson, Esq., at Scroggins and Williamson, in Atlanta,
Georgia.

HMC disclosed $32.8 million in assets and $52.9 million in
liabilities as of the Chapter 11 filing.

Ronald Glass, the Chapter 11 Trustee of Hutcheson Medical Center,
Inc., hired Alston & Bird LLP, as counsel.


INDUSTRIE SERVICE: Plan Payments Funded by Continued Operations
---------------------------------------------------------------
Industrie Service, LLC, files with the U.S. Bankruptcy Court for
the District of South Carolina a Disclosure Statement that outlines
its reorganization plan.

Class 5, is a convenience-type of class that includes the Debtor's
general unsecured Trade Vendors with whom it does business as a
part of its normal operations and amounts due are less than
$11,000. Members of Class 5 will receive no less than 10% of their
asserted claim. As a convenience-type class of creditors, Class 5
will receive distributions within 30 days of the Effective Date of
Debtor's Plan.

Many of the members of Class 6 unsecured creditors are the holders
of claims that were classified on the Debtor's Scheduled as
"Disputed Claims." Allowed Claims held by members of Class 6 will
receive no less than 10% of their claims. For the initial
twenty-four months following the Effective Date, Class 6 will
receive distributions in the amount of $3,112.44, which will be
paid pro rata to the holders of Allowed Claims of Class 6
creditors.

For the next twenty-seven months, Class 6 will receive
distributions in the amount of $1,736.73, which will be paid pro
rata to the holders of Allowed Claims of Class 6 creditors. During
the final nine months of the Plan, Class 6 will receive
distributions in the amount of $7,239.57, which will be paid pro
rata to the holders of Allowed Claims of Class 6 creditors.

Class 7 contains only the claims against the Debtor held by
Pridestaff, Inc. -- a party to the VW Litigation has filed a lien
against the VGA Plant in the approximate amount of $250,000.
Pridestaff's claim was scheduled by the Debtor in the amount of
$446,468.95 based upon work that Pridestaff performed on the VGA
Plant as a subcontractor of the Debtor. In lieu of cash payment,
Pridestaff will be assigned the Debtor's rights to any recovery in
the VW Litigation. Any proceeds from the VW Litigation in excess of
Pridestaff's allowed claim will be paid pro rata to creditors in
Class 6 and Class 8.

The unsecured claim of MOS Service, LLC has been placed in Class 8.
This claim arise on account of the default judgment it obtained
against the Debtor on October 8, 2013 in the action styled as MOS
Service, LLC v. Industrie Service, LLC, C/A No. 2013-CP-23-04032 in
the Court of Common Please for Greenville County, South Carolina.
MOS has filed POC 7 in the amount of $483,118.60. While MOS has
obtained a judgment against the Debtor, it remains unsecured as the
Debtor does not own any real property. MOS will receive a
distribution of no less than 10% of its allowed claim. Class 8 will
receive monthly distributions in the amount of $805.20 for the
sixty month term of the Plan.

The Debtor intends to continue its normal operations in the
ordinary course post-petition. Based upon the cost reductions and
employee wage structure instituted by the Debtor post-petition, the
Debtor anticipates that it will have no less than $25,000 per month
of disposable income which it will commit to funding minimum
payments pursuant to Debtor's Plan. Upon the occurrence that the
Debtor has built cash reserves in excess of $200,000, the Debtor
intends to provide such additional funds beyond the reserve as
payment to the IRS pursuant to the terms of Class 1.  

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

                 http://bankrupt.com/misc/scb17-02995-71.pdf

Counsel for Plan Proponent:

            G. William McCarthy, Jr., Esq.
            Daniel J. Reynolds, Jr., Esq.
            W. Harrison Penn, Esq.
            McCARTHY REYNOLDS & PENN, LLC
            1517 Laurel Street
            P.O. Box 11332
            Columbia, SC 29201-1332
            Phone: (803) 771-8836
            Fax: (803) 765-6960

                   About Industrie Service LLC

Industrie Service, LLC, is a service establishment equipment
company maintaining an office located at 230 Brookshire Road,
Greer, South Carolina. The Debtor began operations in 1998 as an
American subsidiary of a German parent Industrie Service, GmbH. The
Debtor was formed to do business in Greenville, South Carolina area
to perform supporting projects in connection with the BMW plant
located there.

The Debtor became a registered E-2 Treaty Investor with the US
Department of State in Frankfurt, Germany which allowed the Debtor
to obtain visas for employees to enter the United States.

In 2009, the Debtor received major contracts to perform work on the
then newest German automotive plant in the southeast, i.e., the
Volkswagen plant in Chattanooga, Tennessee in 2009 ("VW Plant
Project"). Two of the prime contractors for the VW Plant,
Stotzfredenhagen Industries, Inc. and Moll Systems US, Inc. awarded
sub-contracts to the Debtor to provide the structural steel on two
assembly lines for the VW Plant. The VW Plant Project was a
troubled affair for all involved. The completion of the physical
shell was delayed by months, resulting in Volkswagen Group of
America, Inc. ordering acceleration of the later phases of
construction and line installation.

In January 2011, Debtor filed suit against Stotz in the Chancery
Court of Tennessee for the Eleventh Judicial District at
Chattanooga, which case is captioned as Industrie Service, LLC v.
Stotzfredenhagen Industries, Inc., et al., case No. 11-0052, ("VW
Litigation"). The VW Litigation remains pending, but has been
stayed and put on an administrative hold by the Tennessee Chancery
Court as a result of the bankruptcy filings by Stotz and the
Debtor.

Fabrication & Mechanical Service, LLC ("FMS") was formed as a South
Carolina limited liability company on April 10, 2014.  Clarissa
Blum is the sole owner of FMS. Following the break from Industrie
Service, GmbH, EquipMax Finance, LLC ("EMF") was formed to lease
necessary equipment and real property for operations to the Debtor
for use in providing service to FMS. EMF is owned by Florian Gleibs
who is employed in the administration of the Debtor.

During the period from 2011 through 2016, the Debtor operated on
loans from the Clarissa Blum, Hansjuergen Blum, Binder & Blum,
EquipMax Finance, and FMS in excess of $4 million dollars in order
to maintain essential operations.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.S.C. Case No. 17-02995) on June 16, 2017.
Hansjuergen Blum, chief director officer and owner, signed the
petition. At the time of the filing, the Debtor disclosed $1.58
million in assets and $9.2 million in liabilities.

Judge Helen E. Burris presides over the case. McCarthy, Reynolds &
Penn LLC is the Debtor's legal counsel.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Industrie Service, LLC, as of
July 13, according to a court docket.

On June 16, 2017, the Debtor filed an Adversary Complaint against
the United States of
America requesting injunctive relief, such that the IRS would no
longer be able to levy upon the accounts of FMS. The adversary
proceeding was styled as Industrie Service, LLC v. United States of
America, Adv. Pro. No. 17-80059-hb.


INSTITUTE OF CARDIOVASCULAR: Feb. 12 Disclosure Statement Hearing
-----------------------------------------------------------------
Judge Jerry A. Funk of the U.S. Bankruptcy Court for the Middle
District of Florida will convene a hearing on Feb. 12, 2018 at
11:30 a.m. to consider and rule on Institute of Cardiovascular
Excellence, PLLC and ICE Holdings, PLLC's disclosure statement to
accompany their proposed plan of reorganization.

Any objection to the proposed disclosure statement must be filed
and served seven days before the hearing.

      About Institute of Cardiovascular Excellence

Institute of Cardiovascular Excellence, PLLC, based in Ocala,
Florida, filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
16-01491) on April 20, 2016.  The petition was signed by Asad
Qamar, manager.  Judge Jerry A. Funk presides over the case.  The
Debtor estimated $0 to $50,000 in assets and $10 million to $50
million in liabilities at the time of the filing.

The Debtor is represented by Aaron A Wernick, Esq., at Furr &
Cohen, PA.  The Debtor employed Jameson Vicars of Jameson Vicars &
Co., CPAS, as accountant; Tracy Mabry Law, PA., as special counsel;
and Ackerman, LLP, as special transactional counsel.

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


IRASEL SAND: Deadline to Confirm Plan Moved to Feb. 5
-----------------------------------------------------
Judge Ronald B. King of the U.S. Bankruptcy Court for the Western
District of Texas, at the behest of Irasel Sand, LLC, has extended
the Debtor's exclusivity period for filing a Chapter 11 plan from
October 17, 2017 to December 5, 2017 and the exclusivity period to
obtain confirmation of the plan to February 5, 2018.

The Troubled Company Reporter has previously reported that the
Debtor asked the Court to extend the exclusivity periods for the
Debtor to file a plan of reorganization to Jan. 8, 2018, and to
obtain confirmation of the plan to April 9, 2018.

The Debtor's bankruptcy was essentially filed as an involuntary
Chapter 11 to allow the Debtor to protect a valuable sublease of
real property in Millet, Texas, where it operates a frac sand
plant.  The bankruptcy filing has been contested since the start by
Carousel Specialty Products, Inc., and Select Sands.

Although the bankruptcy was filed on June 19, 2017, a Court order
for relief was not entered until Aug. 3, 2017.  However, the Court
order provided that all deadlines ran from June 19, 2017, instead
of Aug. 3.  The Debtor did not even know that its bankruptcy would
continue until Aug. 3.  It has effectively only been operating for
two months.

The Debtor told the Court that it is now currently operating its
Plant and based on a recent Court order, the Debtor is no longer
burdened with Carousel's Marketing Agreement. However, this has
only started in September.

The Debtor needed to maintain exclusivity because either Select
Sands and Carousel will seek to present a plan which will most
likely result in liquidation.

                      About Irasel Sand LLC

Based in Dilley, Texas, Irasel Sand, LLC, is a company that was
organized in 2014 as a joint venture between Irabel, Inc., and
Select Sand LLC.  The Debtor sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. W.D. Tex. Case No. 17-51420) on June
19, 2017.  Louis R. Butler, CEO of managing member, signed the
petition.

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

Dean William Greer, Esq., at the Law Offices of Dean W. Greer serve
as the Debtor's bankruptcy counsel.

Judge Ronald B. King presides over the case.

The Debtor previously filed a Chapter 11 petition (Bankr. S.D. Tex.
Case No. 17-31148) on Feb. 27, 2017.


IRON MOUNTAIN: Moody's Affirms Ba3 CFR & Alters Outlook to Negative
-------------------------------------------------------------------
Moody's Investors Service affirmed Iron Mountain Incorporated's Ba3
Corporate Family Rating (CFR) and Ba3-PD Probability of Default
Rating and changed the rating outlook to negative from stable.
Moody's also affirmed the Ba3 and B2 ratings for Iron Mountain's
existing senior and senior subordinated debt, respectively, and
assigned a Ba3 rating to the new senior notes being issued at Iron
Mountain Incorporated. The rating action was prompted by the
company's plans to acquire IO Data Centers, LLC ("IO") for
approximately $1.3 billion which will be financed with proceeds
from $825 million of new senior notes and an equity issuance.

RATINGS RATIONALE

The acquisition of IO will expand the footprint of Iron Mountain's
data center services and increase its share of revenues from the
high-growth and high-margin colocation services to about 5%.
However, Iron Mountain's total debt to EBITDA (Moody's adjusted)
will increase by about 0.2x to 5.9x and capital spending will
increase significantly as the company is expected to expand data
center capacity to benefit from the growth opportunity. Moody's
analyst Raj Joshi said, "The incremental leverage resulting from
the IO acquisition, coupled with Iron Mountain's growing debt
levels to fund capital requirements and acquisitions over the last
twelve months have pushed its leverage toward 6x." He added, "The
increase in leverage has diverged from Moody's expectation for a
steady decline in leverage following the Recall acquisition in May
2016." The change in the outlook reflects Iron Mountain's elevated
leverage which Moody's expects to decline slowly but likely remain
near the mid 5x in 2019.

Iron Mountain's CFR is weakly positioned in the Ba3 category and
reflects its elevated leverage and persistent free cash flow
deficits that Moody's expects to continue through 2020. While
management remains committed to reducing leverage to 5x on its
lease-adjusted basis by 2020, the company's large funding
shortfalls to support dividends, capital requirements and
acquisitions will challenge management to balance the sources of
funding between debt and equity. The Ba3 CFR is supported by Iron
Mountain's leading market position in the North America storage and
information management market, large base of recurring storage
rental revenues and its enhanced geographical footprint and scale
after the acquisition of Recall. Iron Mountain's strong brand and
market share in North America provide it with the pricing power
that supports its strong EBITDA margins. The synergies from the
acquisition of Recall and a good demand and pricing environment are
driving strong EBITDA growth. At the same time, the company faces
long-term risks from the mature demand for its storage and data
management services in developed markets in North America and
Western Europe.

Iron Mountain's SGL-3 liquidity rating reflects its adequate
liquidity supported by the availability of approximately $600
million under its revolving credit facility, approximately $338
million of cash at September 30, 2017, and a manageable debt
maturity profile.

Moody's could downgrade Iron Mountain's ratings if total debt to
EBITDA (Moody's adjusted) does not decline and is expected to
remain above the mid 5x or liquidity weakens materially. Given the
high leverage and a negative outlook a rating upgrade is not
expected in the near term. Moody's could upgrade Iron Mountain
ratings if the company establishes a track record of deleveraging,
it uses a meaningful amount of equity to fund its annual cash
deficits and maintains good EBITDA growth. The rating could be
upgraded if Iron Mountain could sustain total debt to EBITDA
(Moody's adjusted) below 4.5x (Moody's adjusted) and retained cash
flow to net debt approaches 10%.

Moody's has taken the following rating actions:

Assignments:

Issuer: Iron Mountain Incorporated

-- Senior Unsecured Regular Bond/Debenture, Assigned Ba3 (LGD3)

Outlook Actions:

Issuer: Iron Mountain (UK) PLC

-- Outlook, Changed To Negative From Stable

Issuer: Iron Mountain Australia Group PTY. LTD.

-- Outlook, Changed To Negative From Stable

Issuer: Iron Mountain Canada Operations ULC

-- Outlook, Changed To Negative From Stable

Issuer: Iron Mountain Incorporated

-- Outlook, Changed To Negative From Stable

Issuer: Iron Mountain Information Management, LLC

-- Outlook, Changed To Negative From Stable

Issuer: Iron Mountain US Holdings, Inc.

-- Outlook, Changed To Negative From Stable

Affirmations:

Issuer: Iron Mountain Incorporated

-- Corporate Family Rating, Affirmed Ba3

-- Probability of Default Rating, Affirmed Ba3-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-3

-- Senior Subordinated Regular Bond/Debenture, Affirmed B2 (LGD6)

-- Senior Unsecured Regular Bond/Debentures, Affirmed Ba3 (LGD3)

Issuer: Iron Mountain Information Management, LLC

-- Senior Secured Bank Credit Facility, Affirmed Ba3 (LGD3)

Issuer: Iron Mountain US Holdings, Inc.

-- Senior Unsecured Regular Bond/Debenture, Affirmed Ba3 (LGD3)

Issuer: Iron Mountain (UK) PLC

-- Senior Unsecured Regular Bond/Debenture, Affirmed Ba3 (LGD3)

Issuer: Iron Mountain Australia Group PTY. LTD.

-- Senior Secured Bank Credit Facility, Affirmed Ba3 (LGD3)

Issuer: Iron Mountain Canada Operations ULC

-- Senior Unsecured Regular Bond/Debenture, Affirmed Ba3 (LGD3)

Iron Mountain is a global provider of information storage and
related services with $3.8 billion in revenues in the twelve months
ended September 30, 2017.

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


IRON MOUNTAIN: S&P Affirms 'BB-' CCR on IO Data Center Acquisition
------------------------------------------------------------------
S&P Global Ratings affirmed its ratings on Boston, Mass.-based
global storage and information management services company Iron
Mountain Inc., including the 'BB-' corporate credit rating. The
rating outlook is stable.

S&P said, "At the same time, we assigned our 'BB-' issue-level
rating and '3' recovery rating to the company's proposed $825
million senior unsecured notes. The '3' recovery rating indicates
our expectation for meaningful recovery (50%-70%; rounded estimate:
50%) of principal for debtholders in the event of a payment
default."

On Dec. 11, 2017, Iron Mountain announced its acquisition of IO
Data Centers (not rated) for $1.315 billion (not including up to
$60 million in potential earn-outs), which it plans to fund with
$825 million senior unsecured notes and $540 million of common
equity. The acquisition reflects a high 19x EBITDA multiple on
estimated 2017 EBITDA. S&P expects this would result in its
estimated pro forma 2017 leverage increasing by 0.25x to almost 6x,
despite the meaningful equity funding component.

S&P said, "The stable rating outlook reflects our expectation that
Iron Mountain's leverage will decline to 5.5x by year-end 2018 and
to the low-5x area in subsequent years as the company continues to
invest in its business, with revenues increasing at a mid-single
digit percentage rate and adjusted EBITDA margins improving to the
low-40% area in 2018.

"We could lower the corporate credit rating if Iron Mountain's
leverage exceeds 5.5x as of year-end 2018 or if we expect it would
remain in the mid-5x area on a sustained basis. This could occur if
the company experiences operating challenges integrating its
acquisitions, if it increases its dividend payouts, or if it
pursues debt-financed acquisitions.

"We view an upgrade as unlikely, given the company's status as a
REIT, which reduces its financial flexibility. An upgrade would
also depend on the company maintaining a less aggressive financial
policy such that its lease-adjusted leverage remains at or below
4x. Such leverage reduction will likely entail the company issuing
equity to repay debt or fund acquisitions."


J & J CHEMICAL: Jan. 17 Approval Hearing of Trustee's Disclosures
-----------------------------------------------------------------
Judge Jim D. Pappas of the U.S. Bankruptcy Court for the District
of Idaho will convene a hearing on Jan. 17, 2018 at 1:30 p.m.
consider the approval of the Trustee's disclosure statement dated
Nov. 15, 2017, for J & J Chemical Inc.  Jan. 10, 2018 is fixed as
the last day for filing and serving written objections to the
disclosure statement.

               About J & J Chemical, Inc.

J & J Chemical Inc of Blackfoot, Idaho, is a commercial laundry
repair and maintenance company.

The Debtor filed for Chapter 11 protection (Bankr. D. Idaho Case
No. 17-40037) on January 19, 2017.  At the time of the filing, the
Debtor disclosed that it had estimated assets and liabilities of
less than $500,000.

The case is assigned to Jedge Jim D. Pappas.  The Debtor is
represented by Brent T. Robinson of Robinson & Tribe.  

Wayne Klein has been appointed as Chapter 11 trustee for the
Debtor.  The trustee hired Cosho Humphrey, LLP as his bankruptcy
counsel.


J.G. WENTWORTH: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Affiliates that filed voluntary petitions under Chapter 11 of the
Bankruptcy Code:

     Debtor                                      Case No.
     ------                                      --------
     Orchard Acquisition Company, LLC (Lead)     17-12914
     160 Greentree Drive, Suite 101
     Dover, DE 19904

     The J.G. Wentworth Company, LLC             17-12915
     The J.G. Wentworth Company                  17-12916
     J.G. Wentworth, LLC                         17-12917
     JGW Holdings, Inc.                          17-12918

Type of Business: Orchard Acquisition Company, LLC, et al.
                      provide direct-to-consumer access to
                      financing solutions through a variety of
                      avenues, including: mortgage lending,
                      structured settlements, annuity and lottery
                      payment purchasing, prepaid cards, and
                      conduits to personal loan providers.  The
                      Company's direct-to-consumer businesses use
                      digital channels, television, direct mail,
                      and other channels to offer access to
                      financing solutions.  The Company
                      warehouses, securitizes, sells, or otherwise
                      finances the assets that it purchases in
                      transactions that are structured to
                      ultimately generate cash proceeds to it that
                      exceed the purchase price it paid for those
                      assets.  As of Sept. 30, 2017, the Company
                      had 725 full-time employees.  The Company is
                      headquartered in Radnor, Pennsylvania.  

                      http://www.jgw.com

Chapter 11 Petition Date: December 12, 2017

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

Judge: Hon. Kevin Gross

Debtors' Counsel: Tara C. Pakrouh, Esq.
                  Edmon L. Morton, Esq.
                  Sean M. Beach, Es.
                  Elizabeth S. Justison, Esq.
                  YOUNG CONAWAY STARGATT & TAYLOR, LLP
                  Rodney Square
                  1000 North King Street
                  Wilmington, Delaware 19801
                  Tel: (302) 571-6600
                  Fax: (302) 571-1253
                  E-mail: tpakrouh@ycst.com
                          emorton@ycst.com
                          sbeach@ycst.com
                          ejustison@ycst.com

                          - and -

                  Elisha D. Graff, Esq.
                  Kathrine A. McLendon, Esq.
                  Edward R. Linden, Esq.
                  Randi Lynn Veenstra, Esq.
                  SIMPSON THACHER & BARTLETT LLP
                  425 Lexington Avenue
                  New York, New York 10017
                  Tel: (212) 455-2000
                  Fax: (212) 455-2502
                  E-mail: egraff@stblaw.com
                          kmclendon@stblaw.com
                          edward.linden@stblaw.com
                          randi.veenstra@stblaw.com
Debtors'
Investment
Banker:           EVERCORE GROUP L.L.C.
                  55 East 52nd Street  
                  New York, New York 10055

Debtors'
Transaction
Advisor:          ANKURA CONSULTING GROUP, LLC
                  750 3rd Avenue
                  New York, New York 10017

Debtors'
Noticing and
Claims Agent &
Administrative
Advisor:          PRIME CLERK LLC
                  830 3rd Avenue, 9th
                  Floor, New York, New York 10022
                  https://cases.primeclerk.com/orchard/Home-Index

Debtors'
Tax
Consultant &
Restructuring
Advisor:          KPMG LLP
                  1601 Market Street,
                  Philadelphia, PA 19103-2499

Debtors'
Auditor:          ERNST & YOUNG LLP
                  200 Clarendon
                  Street, Boston, MA 02116

Estimated Assets: $100 million to $500 million

Estimated Liabilities: $100 million to $500 million

The petitions were signed by Stewart A. Stockdale, chief executive
officer.

A full-text copy of Orchard Acquisition's petition is available for
free at:

                http://bankrupt.com/misc/deb17-12914.pdf

Debtors' List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Candlewood Special                  Contract Claim     $17,943,632
Situations Fund LP
777 Third Avenue, Suite 19B
New York, NY 10017
Attn: Justin Wohler
Tel: 212-493-4495
Email: Justin.wohler@candlewoodgroup.com

The Royal Bank of Scotland Plc      Contract Claim     $9,423,927
600 Washington Blvd.
Stamford, CT 06901
Attn: Matthew Rosencrans
Tel: 203-897-2644
Email: Matthew.Rosencrans@rbs.com

Randi Sellari                       Contract Claim     $6,752,908
210 East Laurier Pl
Bryn Mawr, PA 19010
Randi Sellari
Tel: 215-880-0283
Email: rsellarl@me.com;
       rsellari@outlook.com

David Miller                        Contract Claim     $6,620,025
1451 Brandywine Lane
Wayne PA 19087
David Miller
Tel: 610-213-3188
Email: david@chesterbrookfinancial.com

R3 Capital Partners Master L.P.     Contract Claim     $4,223,024
c/o Blackrock Financial Mgmt. Inc.
87 Mary Street
Cayman Islands
George Town
Grand Cayman KY1-9001
Attn: Nina Zhuravskiy
c/o Blackrock Financial Mgmt., Inc.
Tel: 212-810-5300
Email: Nina.Zhuravskiy@blackrock.com

DLJ Merchant Banking Funding, Inc.  Contract Claim     $3,964,458
Eleven Madison Ave. 8th
Floor New York, NY 10010
Attn: Scott Mahoney
Tel: 212-325-2000
Email: Scott.Mahoney@credit-suisse.com

Stefano Sola                        Contract Claim     $2,474,023
1132 Youngsford Road
Gladwyne, PA 19035
Tel: 215-359-4120
Email: Stefano.Sola@gmail.com

West, a Thompson Reuters business      Contract           $77,239
                                     Counterparty

IWCO Direct Holdings Inc.              Contract           $55,037
Email: jeanne.bearson@iwco.com       Counterparty

Workiva Inc.                            Contract          $39,966
Email: accounting@workiva.com        Counterparty

Insight Global, LLC                    Contract           $32,805
Email:                               Counterparty
nick.schroeder@insightglobal.com

Fidelity Information Services, LLC     Contract           $27,204
                                     Counterparty

Metabank (d/b/a Meta Payments           Contract          $18,595
Systems)                              Counterparty

Scientific Games International, Inc.    Contract          $10,000
Email: tracey.farris@scapromo.com     Counterparty

Wilmer Cutler Pickering Hale            Contract           $9,305
& Dorr LLP                            Counterparty
Email: benjamin.neaderland@
wilmerhale.com

Holland & Knight LLP                    Contract           $2,659
Email: christine.walker@hklaw.com     Counterparty

PNC Bank, N.A.                         Contingent    Undetermined
Email: daniel.takoushian@pnc.com       Guarantee

Barclays Bank PLC                      Contingent    Undetermined
Email: emile.ernandez@barclays.com     Guarantee

Texas Capital Bank, National           Contingent    Undetermined
Association                            Guarantee
Email: gary.ort@texascapitalbank.com

Salisbury Receivables Company LLC      Contingent    Undetermined
Email: emile.ernandez@barclays.com     Guarantee


JOHN ADAMS ACADEMIES: S&P Lowers 2014/2015 Bonds Rating to BB+
--------------------------------------------------------------
S&P Global Ratings has lowered its rating on California Municipal
Finance Authority's series 2014A, 2015A, and 2015B charter revenue
bonds issued for John Adams Academies Inc. (JAA) to 'BB+' from
'BBB-'. The outlook is negative.

"The downgrade reflects the application of our U.S. Not-for-Profit
Charter School methodology, and our view of JAA's increased
expansion risk due to what we consider aggressive growth plans,"
said S&P Global Ratings credit analyst Robert Tu. Management had
previously communicated plans to open a second academy,
JAA-Lincoln, in the fall 2017. S&P said, "Since our most recent
review in October 2016, we learned the school also opened a third
academy, JAA-El Dorado Hills. We believe the additional campuses
present operational risk with an already realized decline in
maximum annual debt service (MADS) coverage due to the additional
lease expenses related to the two new campuses, still-modest
liquidity, and some potential concerns from JAA-Roseville's
authorizer about additional debt plans. This leads us to believe
that the academy has greater flexibility at the 'BB+' rating to
navigate its expansion plans."

The rating reflects S&P's opinion of the following credit risks:

-- Expansion risk, given the academy's opening of two new campuses
in the 2017-2018 school year;

-- Declining MADS coverage, after including the additional lease
expenses related to the new campuses, and expectation of further
stress;

-- Moderately high debt burden, which could increase;

-- Low liquidity for the rating, at 67 days' cash on hand as of
June 30, 2017;

-- Concern from JAA-Roseville's authorizer, Loomis Union School
District regarding the school's overall debt capacity; and

-- The inherent uncertainty associated with charter renewals,
given that the bonds' final maturity exceeds the existing charter's
time horizons.

S&P believes the following factors offset these credit weaknesses:

-- Solid enrollment growth, with a growing waiting list and good
retention rates;

-- Sufficient academic performance, with scores comparable with
those of the state overall, but slightly below those of the local
school district;

-- A history of consistently positive operating performance, even
through a period of growth; and A capable and experienced
management team that has successfully navigated the school through
a recent expansion.

JAA is a kindergarten through 12th grade public charter school,
with 1,808 students enrolled for fall 2017. The academy began
operations in fall 2011, initially as a kindergarten through
10th-grade school. The school is in Roseville, Calif., within the
Sacramento metropolitan area. The academy provides students with a
classical education.

S&P said, "The negative outlook reflects our view that JAA may
issue additional debt over the one-year outlook period that could
further adversely affect the school's MADS coverage and debt burden
metrics. We have not incorporated the impact of additional debt
because the plans are not final, although we will evaluate them
once they are more fully developed.

"We could take a negative rating action if the additional debt
materially weakens financial metrics such that MADS coverage and
debt burden is constrained.

"We could revise the outlook to stable if the academy can manage
both expansions such that the school's operating margins,
lease-adjusted MADS coverage, and liquidity stay at current
levels."


JVS DEVELOPMENT: Taps Turoci Firm as Legal Counsel
--------------------------------------------------
JVS Development, LLC seeks approval from the U.S. Bankruptcy Court
for the Central District of California to hire The Turoci Firm as
its legal counsel.

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

The firm's hourly rates are:

     Todd Turoci        $500
     Julie Philippi     $400
     Michael Ortiz      $275
     Daisy Diaz         $175
     Dana Cormey        $175
     Adela Salgado      $175

Turoci received a $5,000 retainer from the Debtor, which amount
includes the $1,717 filing fee.

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

The firm can be reached through:

     Todd L. Turoci, Esq.
     Julie Philippi, Esq.
     The Turoci Firm
     3845 Tenth Street
     Riverside, CA 92501
     Tel: 888-332-8362
     Fax: 866-762-0618
     Email: mail@theturocifirm.com

                     About JVS Development LLC

Based in Garden Grove, California, JVS Development, LLC is a
privately owned company engaged in activities related to real
estate.  It has various properties in Garden Grove and Westminster,
California, having an aggregate current value of $14.5 million.

JVS Development sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Calif. Case No. 17-14671) on November
29, 2017.  Stephen Nguyen, its managing member, signed the
petition.

At the time of the filing, the Debtor disclosed $18.52 million in
assets and $7.38 million in liabilities.

Judge Scott C. Clarkson presides over the case.


KANSAS INTERNAL: Proposes an Auction of Excess Personal Property
----------------------------------------------------------------
Kansas City Internal Medicine, P.A., asks the U.S. Bankruptcy Court
for the District of Kansas to authorize the auction sale of excess
personal property.

The Debtor has excess personal property at the offices located at
(i) 5401 College Blvd, Overland Park, Kansas; (ii) 501 NW Murray
Road, Lee's Summit, Missouri; (iii) Carondelet Drive, Kansas City,
Missouri; and (iv) 1310 E. 104th St, Kansas City, Missouri that was
not part of the Asset Purchase Agreement entered into with Statland
Medical Group and approved by the Court's Order dated Dec. 1, 2017.


After exploring its alternatives, the Debtor has determined that
the sale of unused assets is the best method for satisfying
creditors when considering the time constraints imposed by its
creditors and the Bankruptcy Code.  The Debtor asks that the items
that are not being sold to Statland Medical Group will be sold at a
published auction free and clear of all liens, interests, and
encumbrances.

Lindsay Auction & Realty Service, Inc., is creating a complete
inventory which the Debtor will file with the Court by Dec. 11,
2017.  Any interested buyer should also visit the Auctioneer's
website at www.lindsayauctions.com.

The Assets will be sold by auction at a date and time to be set by
the Auctioneer, but no later than Dec. 31, 2017.  The Auctioneer
will auction the property according to industry standard
procedures.

The Debtor believes that this sale is in the best interests of the
Chapter 11 estate and its creditors, is proposed in good faith, and
is fully justified.  It therefore asks that it be authorized to
complete and to conduct the sale of the Assets and any other
recovered personal property, which permits sale of the property of
the estate, other than in the ordinary course of business, after
notice and hearing.

Proceeds of the sale will be deposited into the trust account of
Evans & Mullinix, P.A., pending further order of the Court.

               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 more than
135,000 patient visits per year.  KCIM specializes in internal
medicine, endocrinology, rheumatology, podiatry, integrative
medicine, personalized healthcare, clinical psychology, and
chiropractic.  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 sought Chapter 11 protection (Bankr.
D. Kan. Case No. 17-22168) on Nov. 8, 2017.  David Wilt, MD, its
president, signed the petition.  The Debtor disclosed total assets
at $567,000 and total liabilities at $1,477,611.  

Judge Dale L. Somers is the case judge.

The Debtor tapped Colin N. Gotham, Esq., at Evans & Mullinix, P.A.,
as counsel.  The Debtor also hired Lindsay Auction & Realty
Service, Inc., as auctioneer.


L&R DEVELOPMENT: Able Insurance Dropped from Lopez Suit
-------------------------------------------------------
Judge Brian K. Tester of the U.S. Bankruptcy Court for District of
Puerto Rico dismissed the case styled L&R DEVELOPMENT & INVESTMENT
CORP; JOSE LOPEZ AVILES; NILSA ENID GUZMAN BIDOT Plaintiff, v.
HECTOR NOEL ROMAN; MYRNA ENID PEREZ VEGA; ABLE INSURANCE AGENCY,
INC. Defendant(s), Case No. 16-08792 BKT, Adversary No. 17-00026,
(Bank. D.P.R.), as to Able Insurance Agency, Inc., with prejudice.

On June 10, 2014, L&R Development, corporation shareholders Jose
Joaquin Lopez Aviles and Nilsa Enid Guzman Bidot (Lopez
shareholders) and Co-Defendants Hector Noel Roman and Myrna Enid
Perez Vega (Romans) entered into a Purchase Agreement, which
included, among other things, (a) the sale of certain land and a
purchase option, and (b) acquisition by L&R Development of certain
shares the Romans had in the Corporation and other two companies.
The Purchase Agreement included the detail for the monetary payment
of the $2 million by the Romans to L&R and the Lopez shareholders.
On the same date of the Purchase Agreement June 10, 2014, L&R
Development, the Lopez shareholders and the Romans signed an Escrow
Agreement with Able Insurance. The Escrow Agreement appointed Able
Insurance as the Escrow Agent.

The Court notes that Section 4 of the Escrow Agreement contains the
material 'Disbursement Instructions' for Able Insurance which
refers to Subsection 2.2 of the Purchase Agreement. Subsection 2.2
of the Purchase Agreement states in relevant part:

     "If by June 10, 2015, LRDIC and Lopez shareholders do not
agree with Scotiabank de Puerto Rico or Banco Cooperativo de Puerto
Rico to settle, restructure, release, repay LRDIC, Lopez
Shareholders or Buyers loan obligations with such financial
institutions, the remaining balance of the Escrow Funds shall be
released to the Buyers."

The Plaintiff argues that Able Insurance's action in releasing the
balance of the Escrow Funds to the Romans constitutes gross
negligence. To support their position, the Plaintiff points to
several undisputed events, namely: (a) that Able Insurance did not
request a promissory note for the disbursed funds from the Romans;
(b) Able Insurance did not request evidence from the Romans of any
payments made prior to January 31, 2016, in order to verify the
Romans' right to withdraw all or part of the Escrow Funds; (c) Able
Insurance did not advise the Seller or the Lopez Shareholders
beforehand of the disbursement of the Escrow Funds to the Romans.
The Plaintiff contends these acts and omissions on the part of Able
Insurance represents its failure to abide by the term and
conditions of the Escrow Agreement, which validated and recognized
the Purchase Agreement.

The Court determines that both documents contain the exact same
instruction to the Escrow Agent. Against that factual backdrop,
Able Insurance received the letter dated March 17, 2016, which was
sent by the Romans, wherein they requested Able Insurance to
release to them the remaining balance of the deposited funds while
representing that, "as of June 30, 2015 and as of the date hereof,
the Seller and the Lopez Shareholders have not reached an agreement
with Scotiabank de Puerto Rico to settle, restructure, release or
repay the loans specified in Section 4(a) of the Escrow Agreement."


The Court points out that neither the Escrow Agreement nor the
Purchase Agreement contain language which mandates Able Insurance
to request a promissory note for the disbursed funds from the
Romans, nor to request evidence from the Romans of any payments
made prior to January 31, 2016, in order to verify the Romans'
right to withdraw all or part of the Escrow Funds, nor to advise
the Seller or the Lopez Shareholders beforehand of the disbursement
of the Escrow Funds to the Romans. In sum, these were not acts
required of the Escrow Agent. While other sections of the Purchase
Agreement and the Escrow Agreement do require that all parties sign
for the Escrow Agent to act, this particular disbursement
instruction directed Able Insurance to Section 2.2 of the Purchase
Agreement.

The Court concludes that the contractual clauses in question
establish that the duties and obligations of Able Insurance were
solely those that stem from the provisions of the Escrow Agreement,
that Able Insurance could rely and act upon any advice,
certificate, notice, direction, instruction or request, which Able
Insurance in good faith believed to be genuine and to have been
signed or presented by the proper party, and that Able Insurance
would not be liable for the non-compliance of the other parties.

A full-text copy of the Judge Tester's Opinion and Order is
available at https://is.gd/X8NKVU from Leagle.com.

                  About L&R Development

L&R Development & Investment Corp. is a real estate development and
investment corporation that was created on May 31, 2002, by two
main partners, Hector Noel Roman and Jose Joaquin Lopez.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.P.R. Case No. 16-08792) on Nov. 1, 2016.  The
petition was signed by Joaquin Lopez, president.  At the time of
the filing, the Debtor disclosed $3.05 million in assets and $5.56
million in liabilities.  The case is assigned to Judge Brian K.
Tester.

Carmen Conde Torres, Esq., of C. Conde & Assoc. represents the
Debtor.  Inmuebles Bienes Raices, LLC, has been tapped as realtor
to the Debtor.

On March 15, 2017, the Debtor filed a Chapter 11 plan of
reorganization and disclosure statement.


LAKESHORE PROPERTIES: M. Diaz to Initially Fund Plan Payments
-------------------------------------------------------------
Debtors Lakeshore Properties of South Florida, LLC, Okeechobee CC-I
Land Trust, Okeechobee CC-II Land Trust, and Okeechobee CC-III Land
Trust, filed with the U.S. Bankruptcy Court for the Southern
District of Florida a disclosure statement.

The debtors' Joint Plan of Reorganization (the "Plan"), consists of
the following classes and their respective treatment is as
follows:

Lakeshore Properties of South Florida, LLC.

   Class I - MLIC Asset Holdings ("MLIC"). This Class consists of
the Claim of MLIC. MLIC's claim approximates $10,562.355.20.
MLIC's claim is secured by a valid first mortgage on real property
more particularly described as Lots 92-96 and includes a 1300 acre
ranch which the Debtor has listed for sale for $16,000,000.00.
Notwithstanding its purported collateral package, MMLIC is not
secured buy any of the filed grown tree stock. The Debtor estimates
that the value of the field grown tree stock is $13,490,922.00.

Under the Plan, MLIC will retain its lien on the Property by virtue
of that Mortgage and Security Agreement recorded in the Public
Records of Okeechobee County, Florida. Commencing on the Effective
Date of the Plan, MLIC will receive $500,000.00 from the Plan
escrow and commence receiving monthly payments to be paid at the
rate of $29,348.54 per month, representing interest payments
representing interest payments on its Allowed Secured Claim at the
rate of three and one-half percent (3.5% (per annum) amortized over
thirty (30) years with a balloon payment for the principal balance
then due upon the third anniversary of the Effective Date of the
Plan without penalty for repayment. All future real property taxes
will be escrowed and held by the Debtor.

During the three year period, net income from field grown crops
that are liquidated from any of the farm properties upon which MLIC
has a valid mortgage will be applied towards the reduction of
MLIC's principal balance. In addition, if, and when, the "ranch" is
sold, the proceeds will reduce MLIC's principal balance
accordingly.

   Class II - PNC Bank. This Class consists of the Secured Claim of
PNC Bank, who holds a mortgage on 84.92 acres of farm land in
Okeechobee County, Florida, more particularly described as Folio
No. 11-24-38-36-0A00 00008 0000. . The mortgage serves as
additional collateral for a loan to Manuel C. Diaz, in the amount
of $12,555,608.00. Lakeshore Properties of South Florida, LLC is
not personally liable for the loan, however, PNC has recourse
against the collateral pledged. PNC will retain its lien under the
Plan. In lieu of PNC exercising its rights under 11 U.S.C.
section111(b), Lakeshore Properties of South Florida, LLC will
pledge its interest in the 10.25 acres of farm land more
particularly described as Folio No. 1-15-28-36-0A00-00007-0000 and
the 6.86 acres of farm land in Okeechobee County, Florida, more
particularly described as Folio No 1-14-38-36-0A00-00004-0000. This
Class is impaired.

   Class III - Secured Claim of the Okeechobee County Tax
Collector. This Class consists of the Allowed Secured Claim of the
Okeechobee County Tax Collector for outstanding 2017 real property
taxes in the amount of $10,166.34. The claimant holds a perfected
statutory lien on the Debtor's interest in the Real Property and
will retain its lien on the Property under the Plan. The Debtor
intends to pay the claims of Okeechobee County with fifty-five (55)
equal payments, which includes interest at the rate of eighteen
percent (18%) per annum from the Effective Date of the Plan. All
future real property taxes will be escrowed and held by the Debtor.
This Class is impaired.

Okeechobee CC-I Land Trust

   Class IV - Metropolitan Life Insurance Company ("MetLife"). This
Class consists of the Claim of MetLife. MetLife's claim
approximates $2,378,844.76. MetLife's claim is secured by a valid
first mortgage on real property more particularly described as Lots
92-96 and includes a 1300 acre ranch which the Debtor has listed
for sale for $16,000,000.00. Notwithstanding its purported
collateral package, MetLife is not secured buy any of the filed
grown tree stock. The Debtor estimates that the value of the field
grown tree stock is $13,490,922.00.

Under the Plan, MetLife will retain its lien on the Property by
virtue of that Mortgage and Security Agreement recorded in the
Public Records of Martin County, Florida. Commencing on the
Effective Date of the Plan, MLIC will commence receiving monthly
payments to be paid at the rate of $6,936.30 per month,
representing interest payments representing interest payments on
its Allowed Secured Claim at the rate of three and one-half percent
(3.5% (per annum) amortized over thirty (30) years with a balloon
payment for the principal balance then due upon the third
anniversary of the Effective Date of the Plan without penalty for
repayment. All future real property taxes will be escrowed and held
by the Debtor.

During the three year period, net income from field grown crops
that are liquidated from any of the farm properties upon which MLIC
has a valid mortgage will be applied towards the reduction of
MLIC's principal balance accordingly.

   Class V - Secured Claim of the Martin County Tax Collector. This
Class consists of the Allowed Secured Claim of the Martin County
Tax Collector for outstanding 2017 real property taxes. The
claimant holds a perfected statutory lien on the Debtor's interest
in the Real Property and will retain its lien on the Property under
the Plan. The Debtor intends to pay the claims of Okeechobee County
with fifty-five (55) equal payments, which includes interest at the
rate of eighteen percent (18%) per annum from the Effective Date of
the Plan. All future real property taxes will be escrowed and held
by the Debtor. This Class is impaired.

   Class VI - Bibliano P. Calero. The claim of Bibliano Calero is
secured by a 2011 Chevrolet Van that is used by Okeechobee CC-I
Land Trust, Okeechobee CC-II Land Trust and Okeechobee CC-III Land
Trust and was due $8,500.00 on the Petition Date. This claim is
secured by a valid lien on the van. Under the Plan, the Debtors
will modify the rights of the lien holder and make a combined
payment of $258.59 for thirty-six (36) months from the Effective
Date of the Plan, which represents interest at the rate of six
percent (6%) per annum.

Okeechobee CC-II Land Trust

   Class VII - Metropolitan Life Insurance Company ("MetLife").
This Class consists of the Claim of MetLife. MetLife's claim
approximates $1,642,850.04. MetLife's claim is secured by a valid
first mortgage on real property more particularly described as Lots
92-96 and includes a 1300 acre ranch which the Debtor has listed
for sale for $16,000,000.00. Notwithstanding its purported
collateral package, MetLife is not secured buy any of the filed
grown tree stock. The Debtor estimates that the value of the field
grown tree stock is $13,490,922.00.

Under the Plan, MetLife will retain its lien on the Property by
virtue of that Mortgage and Security Agreement recorded in the
Public Records of Martin County, Florida. Commencing on the
Effective Date of the Plan, MLIC will commence receiving monthly
payments to be paid at the rate of $4,791.65 per month,
representing interest payments representing interest payments on
its Allowed Secured Claim at the rate of three and one-half percent
(3.5% (per annum) amortized over thirty (30) years with a balloon
payment for the principal balance then due upon the third
anniversary of the Effective Date of the Plan without penalty for
repayment. All future real property taxes will be escrowed and held
by the Debtor.

During the three year period, net income from field grown crops
that are liquidated from any of the farm properties upon which MLIC
has a valid mortgage will be applied towards the reduction of
MLIC's principal balance accordingly.

   Class VIII - Secured Claim of the Martin County Tax Collector.
This Class consists of the Allowed Secured Claim of the Martin
County Tax Collector for outstanding 2017 real property taxes. The
claimant holds a perfected statutory lien on the Debtor's interest
in the Real Property and will retain its lien on the Property under
the Plan. The Debtor intends to pay the claims of Okeechobee County
with fifty-five (55) equal payments, which includes interest at the
rate of eighteen percent (18%) per annum from the Effective Date of
the Plan. All future real property taxes will be escrowed and held
by the Debtor. This Class is impaired.

   Class IX - Bibliano P. Calero. The claim of Bibliano Calero is
secured by a 2011 Chevrolet Van that is used by Okeechobee CC-I
Land Trust, Okeechobee CC-II Land Trust and Okeechobee CC-III Land
Trust and was due $8,500.00 on the Petition Date. This claim is
secured by a valid lien on the van. Under the Plan, the Debtors
will modify the rights of the lien holder and make a combined
payment of $258.59 for thirty-six (36) months from the Effective
Date of the Plan, which represents interest at the rate of six
percent (6%) per annum.

Okeechobee CC-III Land Trust

   Class X - Metropolitan Life Insurance Company ("MetLife"). This
Class consists of the Claim of MetLife. MetLife's claim
approximates $2,528,533.56. MetLife's claim is secured by a valid
first mortgage on real property more particularly described as Lots
92-96 and includes a 1300 acre ranch which the Debtor has listed
for sale for $16,000,000.00. Notwithstanding its purported
collateral package, MetLife is not secured buy any of the filed
grown tree stock. The Debtor estimates that the value of the field
grown tree stock is $13,490,922.00.

Under the Plan, MetLife will retain its lien on the Property by
virtue of that Mortgage and Security Agreement recorded in the
Public Records of Martin County, Florida. Commencing on the
Effective Date of the Plan, MLIC will commence receiving monthly
payments to be paid at the rate of $7,374.95 per month,
representing interest payments representing interest payments on
its Allowed Secured Claim at the rate of three and one-half percent
(3.5% (per annum) amortized over thirty (30) years with a balloon
payment for the principal balance then due upon the third
anniversary of the Effective Date of the Plan without penalty for
repayment. All future real property taxes will be escrowed and held
by the Debtor.

During the three year period, net income from field grown crops
that are liquidated from any of the farm properties upon which MLIC
has a valid mortgage will be applied towards the reduction of
MLIC's principal balance accordingly.

   Class XI - Secured Claim of the Martin County Tax Collector.
This Class consists of the Allowed Secured Claim of the Martin
County Tax Collector for outstanding 2017 real property taxes. The
claimant holds a perfected statutory lien on the Debtor's interest
in the Real Property and will retain its lien on the Property under
the Plan. The Debtor intends to pay the claims of Okeechobee County
with fifty-five (55) equal payments, which includes interest at the
rate of eighteen percent (18%) per annum from the Effective Date of
the Plan. All future real property taxes will be escrowed and held
by the Debtor. This Class is impaired.

   Class XII - Bibliano P. Calero. The claim of Bibliano Calero is
secured by a 2011 Chevrolet Van that is used by Okeechobee CC-I
Land Trust, Okeechobee CC-II Land Trust and Okeechobee CC-III Land
Trust and was due $8,500.00 on the Petition Date. This claim is
secured by a valid lien on the van. Under the Plan, the Debtors
will modify the rights of the lien holder and make a combined
payment of $258.59 for thirty-six (36) months from the Effective
Date of the Plan, which represents interest at the rate of six
percent (6%) per annum.

   Class XIII - Equity Interest. The Equity holders or holders with
Allowed Interests will retain their membership interest in the
Debtor. This class is unimpaired.

The Debtors believe 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 source of
the funds that will be used to consummate the Plan are the personal
funds of Manuel C. Diaz, Manuel C. Diaz Farms, Inc. and Diaz
Landscaping & Nursery, Inc. The attorneys for the Debtor presently
hold $500,000 and the balance of the funds due on the Effective
Date will be transferred to the trust account of the attorneys for
the Debtors prior to the hearing on the confirmation of the
Debtor's Plan. Mr. Martin has obtained funds from her personal
holdings and will escrow the first four (4).

A full-text copy of the Disclosure Statement dated December 3,
2017, is available at:

          http://bankrupt.com/misc/flsb17-24483-2.pdf

Lakeshore Properties is represented by:

     Nicholas B. Bangos, Esq.
     NICHOLAS B. BANGOS, P.A.
     2925 PGA Blvd. Suite 204
     Palm Beach Gardens, FL 33410
     Tel: (561) 626-4700
     Facsimile: (561) 627-9479
     Email: nbb@nickbangoslaw.com

               About Lakeshore Properties

Formed in 2002, Lakeshore Properties of South Florida, is a Florida
Limited Liability Company engaged in activities related to real
estate. Its principal assets are located in Okeechobee County,
Florida.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case No. 17-21866) on Sept. 28, 2017, estimating its assets
and liabilities a estimating its assets at up to $50,000 and its
liabilities at $10 million and $50 million

Judge Robert A. Mark presides over the case.

Nicholas B. Bangos, Esq., at Nicholas B. Bangos, P.A., serves as
the Debtor's bankruptcy counsel.

The petition was signed by Manuel C. Diaz, managing member.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Lakeshore Properties of South
Florida, LLC, as of Nov. 16, according to a court docket.


LDJ ENTERPRISE: D. Middleton's Plan Outline Hearing Set for Jan. 4
------------------------------------------------------------------
Judge Jason D. Woodard of the U.S. Bankruptcy Court for the
Northern District of Mississippi will convene a hearing on Jan. 4,
2018 at 10:00 a.m. to consider and act upon the disclosure
statement filed by Dalton Middleton on behalf of LDJ Enterprise,
LLC.

Objections to the disclosure statement must be filed and served on
or before Jan. 2, 2018.

                       About LDJ Enterprise

Headquartered in Tupelo, Mississippi, LDJ Enterprise, LLC, filed
for Chapter 11 bankruptcy protection (Bankr. N.D. Miss. Case No.
17-11088) on March 23, 2017, estimating assets and liabilities of
less than $50,000.  Lisa Pulliam, its administrator, signed the
petition.  The Debtor tapped Dalton Middleton, Esq., at Middleton &
Tinsley Law Firm, PLLC, to serve as legal counsel in connection
with its Chapter 11 case.



LEVEL SOLAR: Commences Chapter 11 Case Amid Abrupt Layoffs
----------------------------------------------------------
Alex Wolf of Bankruptcy Law360 reports that Level Solar Inc. filed
for Chapter 11 bankruptcy protection amid being slapped with a
class action for allegedly firing of all of its 200 employees in
September without advanced notice.  In bankruptcy, the Company
plans to investigage its former chief executive officer.

                       About Level Solar

Based in New York, Level Solar Inc. operates under the solar-energy
installation industry.  Incorporated in 2013, the Company has
operatios in Long Island, New York City and Massachusetts.

Level Solar filed for bankruptcy protection (Bankr. S.D.N.Y. Case
No. 17-13469) on December 4, 2017.  The petition was signed by
Richard Pell, secretary of the Company.

The Debtor estimated assets of $50 million to $100 million and
debts of $1 million to $10 million.

Michael Conway, Esq., of Shipman & Goodwin LLP serves as bankruptcy
counsel to the Debtor.  Akin Gump Strauss Hauer & Feld LLP acts as
corporate counsel to the Debtor.


LINA REAL ESTATE: Hires David A. Scholl as Bankruptcy Counsel
-------------------------------------------------------------
Lina Real Estate Limited Partnership, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Pennsylvania to employ
the Law Office of David A. Scholl as Chapter 11 counsel to the
Debtor.

The Debtor was represented by the Law Offices of Gold & Gold as
counsel. Gold was permitted to withdraw as the counsel on November
1, 2017.

Scholl will be paid at these hourly rates:

     David A. Scholl, Esq.          $300
     Autherine B. Smith, Esq.       $300

Scholl will be paid a retainer in the amount of $7,500.

David A. Scholl, Esq. attests that his firm has no connection
whatsoever with the Debtor, or any related corporations, nor with
any of the creditors or other parties in interest in this case, nor
with their respective attorneys and accountants, nor with the
United States Trustee or any person employed by the United States
Trustee's Office.

The Firm can be reached through:

     David A. Scholl, Esq.
     Law Office of David A. Scholl
     512 Hoffman Street
     Philadelphia, PA 19148
     Tel: 610-550-1765
     Fax: 215-316-0175

                     About Lina Real Estate

Lina Real Estate Limited Partnership, based in Glenside,
Pennsylvania, filed a Chapter 11 petition (Bankr. E.D. Pa. Case No.
16-18399) on December 6, 2016.  The Hon. Eric L. Frank presides
over the case.  Marvin H. Gold, Esq., at the Law Offices of Gold &
Gold, served as bankruptcy counsel to the Debtor before stepping
down in November 2017.  The Debtor then hired the Law Office of
David A. Scholl as replacement counsel.  In its petition, the
Debtor estimated $1 million to $10 million in both assets and
liabilities. The petition was signed by $1 million to $10 million.


LKQ CORP: Moody's Affirms Ba1 CFR & Changes Outlook to Negative
---------------------------------------------------------------
Moody's Investors Service changed LKQ Corporation's ratings outlook
to negative from stable, and affirmed all debt ratings including
the Corporate Family Rating ("CFR") at Ba1, senior unsecured at
Ba2, and the Speculative Grade Liquidity Rating ("SGL") at SGL-2.
These actions follow the company's plan to acquire Stahlgruber GmbH
("Stahlgruber") in a largely debt funded transaction for EUR1.5
billion, anticipated to close late in the first quarter of 2018 or
early in the second quarter.

Ratings affirmed:

LKQ Corporation:

Corporate Family Rating, at Ba1;

Probability of Default Rating, at Ba1-PD;

$600 million senior unsecured notes due 2023, at Ba2 (LGD5)

Speculative Grade Liquidity Rating, at SGL-2

LKQ Italia Bondco S.p.A.:

Backed Senior Unsecured Notes due 2024, at Ba2 (LGD5)

LKQ Corporation and LKQ Italia Bondco S.p.A.:

Outlook, changed to Negative from Stable

Moody's does not rate LKQ's $3.5 billion senior secured bank credit
facility

RATINGS RATIONALE

The negative outlook incorporates the higher financial risk from
plans to fund the acquisition of Stahlgruber with primarily debt,
which would increase the company's pro-forma debt/EBITDA by almost
one turn. Although the composition of the debt is yet to be
determined, the company will be increasing total funded debt by
just over 50%. Moody's notes that this is the largest acquisition
in the company's history and expands its presence in one of the
largest populations of used cars in Europe. Pro forma for the
proposed acquisition, last twelve months ended September 30, 2017
debt/EBITDA approximates 4.0x (per Moody's standard adjustments
including operating leases and excluding synergies) and
EBITA/Interest exceeds 5.0x. Moody's believes the company has a
good track record of integrating acquisitions.

Although there are benefits, the company's pace of sizable
debt-financed acquisition activity has accelerated. The company's
most recent peak leverage prior to this transaction occurred during
the first half of 2016 with LKQ's acquisition of Italy-based Rhiag
Group (Rhiag) and Pittsburgh Glass Works.

LKQ's ratings including its Ba1 CFR were affirmed because of the
company's demonstrated ability to grow its competitive global
position in non-OEM automotive aftermarket collision and mechanical
parts in the U.S. and Europe. The company has grown revenues over
the past several years through a combination of organic and
acquisition growth. Acquisitions have expanded the company's market
presence and its global reach, and broadened product offerings
within its automotive aftermarket business. However, the margin
profile of some of the company's acquisition targets is lower than
that of LKQ's traditional businesses. This is evident in the recent
moderation in margins due to acquisitions, particularly in Europe.
Management has undertaken profitability initiatives and
streamlining of operations to improve margins.

Debt/EBITDA over the next twelve to eighteen months is expected to
improve to the 3.5 times or better level as the company realizes
synergies and operational efficiencies from its sizable scale and
distribution network and parts. The ratings incorporate the
assumption that the company will not enter into another
meaningfully-sized acquisition before substantially restoring it
credit metrics to pre-acquisition levels. Moody's expects the
company will use part of its strong free cash flow generation to
repay acquisition-related debt.

Maintaining a good liquidity profile characterized by consistent
free cash flow generation and revolver availability is important to
alleviate any downwards ratings pressure.

The ratings could be downgraded with complications in the
integration of the proposed or other acquisitions or additional
debt financed acquisitions which further increase financial
leverage. In addition, a deterioration in the company's liquidity
profile including lower free cash flow or a meaningful weakening in
EBITA margins, sustainably below 10%, expectations of debt/EBITDA
sustained above the low 3x level, or EBITA/interest coverage below
4x could also cause downward ratings pressure.

The absence of another sizable debt financed acquisition while the
company integrates Stahlgruber while using free cash flow
generation to reduce debt levels could lead to a stabilization of
the ratings outlook.

Although unlikely over the near-term, the ratings could be upgraded
following the absence of another sizable debt financed acquisition
while the company integrates its recent acquisitions. Consideration
for a higher rating could result from debt/EBITDA being maintained
in the low 2.0x level, sustained EBITA margin improvement and
retained cash flow/net debt of about 35% while maintaining a good
liquidity profile.

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

LKQ Corporation, headquartered in Chicago, Illinois, is a leading
provider of alternative and specialty parts to repair and
accessorize automobiles and other vehicles. LKQ has operations in
North America, Europe, and Taiwan. The company offers its customers
a broad range of replacement systems, components, equipment and
parts to repair and accessorize automobiles, trucks, and
recreational and performance vehicles. Revenues for the last twelve
months ended September 30, 2017 totaled $9.4 billion. Pro forma
revenues for the company including the proposed acquisition of
Germany-based Stahlgruber would be approximately $11.3 billion.


LOS DOS MOLINOS: Unsecured Creditors to Recoup 20% Under the Plan
-----------------------------------------------------------------
Los Dos Molinos Cafe Y Cantina, LLC submits to the U.S. Bankruptcy
Court for the District of Arizona its Disclosure Statement which
provides information on its proposed Plan of Reorganization.

Under the Plan, the Debtor will pay Class 4 unsecured creditors
with valid and proven claims the total amount of $50,000 without
interest. Such amount will be paid in semi-annual installments of
$5,000 beginning 6 months from confirmation date. The Debtor
estimates that an unsecured creditor can anticipate receiving
approximately 20% of its valid and proven claim. Payments under
this class will be made on a pro rata basis. Class 4 is impaired by
the Plan.

The Debtor will fund the Plan through its continued operation.
Cheryl Vitale, the owner of the Debtor, will retain full ownership
of the Debtor, and from her personal funds, Vitale will contribute
$10,000 to assist in consummation of the Plan.

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

               http://bankrupt.com/misc/azb17-07095-54.pdf

Attorneys for the Debtor:

            Donald W. Powell, Esq.
            Carmichael & Powell, P.C.
            6225 North 24th Street, Suite 125
            Phoenix, Arizona 85016
            Telephone: (602) 861-0777
            Email: d.powell@cplawfirm.com

                    About Los Dos Molinos Cafe Y Cantina

Los Dos Molinos Cafe Y Cantina operates a Mexican food restaurant
at 4855 E. Warner Road, Suite 29, Phoenix, Arizona. Cheryl Vitale,
the owner of the Debtor, is also the manager/member of the Debtor.

Los Dos Molinos Cafe Y Cantina, LLC, sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No.
17-07095) on June 22, 2017.  At the time of the filing, the Debtor
estimated less than $100,000 in assets, and $1 million in
liabilities.  

Donald W. Powell, Esq., at Carmichael & Powell P.C. serves as the
Debtor's bankruptcy counsel.

Judge Paul Sala presides over the case.

The Office of the U.S. Trustee on Aug. 3 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Los Dos Molinos Cafe Y Cantina,
LLC.


M & G USA: Committee Taps Milbank Tweed as Legal Counsel
--------------------------------------------------------
The official committee of unsecured creditors of M&G USA
Corporation seeks approval from the U.S. Bankruptcy Court for the
District of Delaware to hire Milbank, Tweed, Hadley & McCloy LLP as
its legal counsel.

The firm will advise the committee regarding its duties under the
Bankruptcy Code; investigate the financial condition of M&G and its
affiliates; represent the committee in its consultations and
negotiations with the Debtors; analyze claims of creditors; assist
the committee in connection with the implementation of a bankruptcy
plan; and provide other legal services related to the Debtors'
Chapter 11 cases.

The standard hourly rates charged by Milbank range from $1,015 to
$1,395 for partners, $1,015 to $1,225 for counsel, $390 to $950 for
associates, and $200 to $345 for legal assistants.

Abhilash Raval, partner at Milbank's Financial Restructuring Group,
disclosed in a court filing that his firm does not represent any
other entity having an interest adverse to the Debtors.

In accordance with Appendix B-Guidelines for reviewing fee
applications filed by attorneys in larger Chapter 11 cases, Mr.
Raval disclosed that his firm has not agreed to any variations
from, or alternatives to, its standard or customary billing
arrangements for its employment with the committee.

Mr. Raval also disclosed that no Milbank professional has varied
his rate based on the geographic location of the Debtors' cases and
that the firm has not represented the committee prior to the
Debtors' bankruptcy filing.

Milbank is in the process of developing a prospective budget and
staffing plan for the committee's review and approval, Mr. Raval
further disclosed.

The firm can be reached through:

     Dennis F. Dunne, Esq.
     Abhilash M. Raval, Esq.
     Lauren C. Doyle, Esq.
     Milbank, Tweed, Hadley & McCloy LLP
     28 Liberty St.
     New York, NY 10005
     Tel: (212) 530-5000
     Fax: (212) 530-5219
     Email: ddunne@milbank.com
     Email: araval@milbank.com
     Email: ldoyle@milbank.com

                    About M & G USA Corporation

M & G USA Corporation and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 17-12307) on October 30, 2017.  The
petition was signed by Dennis Stogsdill, chief restructuring
officer.

Judge Brendan L. Shannon presides over the cases.

Jones Day represents the Debtors as their bankruptcy counsel.  The
Debtors hired Pachulski Stang Ziehl & Jones LLP as conflicts
counsel and co-counsel; Crain Caton & James, P.C. as special
counsel; Alvarez & Marsal North America, LLC as restructuring
advisor; Rothschild Inc. and Rothschild S.p.A. as financial
advisors and investment bankers; and Prime Clerk LLC as
administrative advisor.

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.

On November 13, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


MAC ACQUISITION: Landlords Seek Modification of Plan Outline
------------------------------------------------------------
Brixmor Property Group, Inc., PGIM Real Estate, and Starwood Retail
Partners LLC filed with the U.S. Bankruptcy Court for the District
of Delaware a limited objection to Mac Acquisition LLC and
affiliates' disclosure statement for their proposed joint plan of
reorganization.

The objecting Landlords are the owners or agents for the owners of
certain shopping centers at which the Debtors operate retail stores
pursuant to written unexpired nonresidential real property leases.

The Landlords do not object to the Debtors' efforts to confirm a
plan of reorganization, but as drafted, the Disclosure Statement,
Plan and Proposed Order fail to provide adequate information for
the Landlords or other creditors to make an informed decision with
respect to the Plan and the treatment of the Leases under the Plan,
and the Plan itself improperly seeks to modify the Landlords'
rights under their Leases and the Bankruptcy Code.

The Disclosure Statement and Plan rely, in part, on a Plan
Supplement including schedules of assumed Leases that need not be
filed until shortly before the Confirmation Hearing, and there are
a number of discrepancies among the documents with respect to the
confirmation timeline. The Landlords understand that the
adjournment of the Disclosure Statement Hearing has led to
adjustments to the confirmation timeline, and until such time as a
revised timeline has been circulated, it is unclear if the
Landlords' objections to the timeline will have been resolved.
However, the Debtors have represented that the revised Proposed
Order will provide for Cure Notices to be provided to Landlords no
less than 10 business days prior to any deadline to raise
objections to either cure, confirmation or assumption, and any
applicable voting deadline.

The Debtors should pay all undisputed cure amounts for assumed
Leases on the Effective Date of the Plan along with other
administrative claims. Section 365(b)(1)(A) requires that the
Debtors promptly cure outstanding balances due under the Leases
upon assumption. To the extent there is a dispute over the total
cure obligation for any Lease, all undisputed cure amounts should
be paid immediately. Debtors should escrow disputed amounts, and
the Court should set a status conference within thirty (30) days of
the assumption or assumption and assignment of the Leases to deal
with any disputes that remain unresolved after such period.

In addition, the releases, waivers and injunction provisions
referenced in the Disclosure Statement and Plan are overbroad and
require revision. The language does not adequately address the fact
that various claims and rights under the Leases must survive
confirmation of the Plan for the continuing obligations that exist
under the Leases.

Based on these, the Landlords request that the Court not approve
the Disclosure Statement unless and until the Debtors provide
adequate information as required by Section 1125, amend the
Disclosure Statement and Plan so that the Disclosure Statement
describes a Plan that is confirmable, including the modifications
requested, and grant such further relief as the Court deems
proper.

A full-text copy of the Landlords' Objection is available at:

     http://bankrupt.com/misc/deb17-12224-270.pdf

The Troubled Company Reporter previously reported that the Debtor
will get an additional $8.5MM in financing. 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.

Attorneys for Brixmor Property Group, Inc., PGIM Real Estate, and
Starwood Retail Partners LLC:

     Leslie C. Heilman, Esquire (No. 4716)
     Laurel D. Roglen, Esquire (No. 5759)
     BALLARD SPAHR LLP
     919 N. Market Street, 11th Floor
     Wilmington, DE 19801
     Telephone: (302) 252-4465
     Facsimile: (302) 252-4466
     E-mail: heilmanl@ballardspahr.com
     roglenl@ballardspahr.com

          -and-

     P. Branch, Esquire
     BALLARD SPAHR LLP
     2029 Century Park East, Suite 800
     Los Angeles, CA 90067-3012
     Telephone: (424) 204-4354
     Facsimile: (424) 204-4350
     E-mail: branchd@ballardspahr.com

          -and-

     David L. Pollack, Esquire
     BALLARD SPAHR LLP
     51st Fl - Mellon Bank Center
     1735 Market Street
     Philadelphia, PA 19103
     Telephone: (215) 864-8325
     Facsimile: (215) 864-9473
     E-mail: pollack@ballardspahr.com

                 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.


MACAVITY COMPANY: Taps Range Realty Advisors as Broker
------------------------------------------------------
Macavity Company LLC received approval from the U.S. Bankruptcy
Court for the District of Arizona to hire Range Realty Advisors,
LLC as its broker to assist in the sale or financing of the
Whitewing Trails Development located in Princeton, Collin County,
Texas.  The project is the Debtor's primary asset.

The Debtor will pay Range Realty a fee, which is 4% of the total
sale price.  Meanwhile, the firm will be compensated for financing
placement services according to this fee arrangement:

     Debt financing fee    1.5% of the first $10 million raised
                           and 1% on remaining financing in
                           excess of $10 million

     Equity financing fee  6% of the first $10 million raised
                           and 4% on remaining financing in
                           excess of $10 million

Chris Burrow, chief executive officer of Range Realty, disclosed in
a court filing that he and his firm are "disinterested" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Chris Burrow
     Range Realty Advisors LLC
     3625 Hall Street, Suite 630
     Dallas, TX 75219
     Phone: 214-416-8222

                    About Macavity Company LLC

Macavity Company, LLC, develops real estate properties.  It was
incorporated in 2008 and is based in Mesa, Arizona.  It has a fee
simple interest in an 861.50-acre undeveloped land located at NW
Corner of Monte Carlo Boulevard and FM 75, Princeton, Texas, valued
at $28 million.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Ariz. Case No. 17-08474) on July 24, 2017.  The
petition was signed by Lane Spencer of Ready RDC LLC, sole member.

At the time of the filing, the Debtor disclosed $28.12 million in
assets and $17.29 million in liabilities.  

Judge Brenda K. Martin presides over the case.  Gallagher &
Kennedy, PA represents the Debtor as bankruptcy counsel.  The
Debtor hired CBRE Inc. as appraiser; MCA Financial Group Ltd. as
financial advisor; and CBIZ MHM, LLC as accountant.

No official committee of unsecured creditors has been appointed.

On October 20, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


MAPLE BANK: KPMG Seeks CCAA Court Approval to Distribute Funds
--------------------------------------------------------------
KPMG Inc., in its capacity as a court-appointed liquidator of the
Canadian business and related assets of Maple Bank Gmbh (Toronto
Branch), seeks authority from the Ontario Superior Court of Justice
(Commercial List) to distribute to the administrator of the
Company's insolvency proceedings in Germany a portion of the
estimated surplus of funds, which have been realized from the
liquidation and sale of the Company's assets and business conducted
by KPMG.

KPMG Inc. can be reached at:

   KPMG Inc.
   Bay Adelaide Centre
   Toronto, ON M5H 2S5
   Attention: Nick Brearton
   Fax: (416) 777-3364
   Email: nbrearton@kpmg.ca

Maple Bank GmbH -- http://www.maplebank.com/-- provided commercial
banking, equity and fixed income trading, repos and securities
lending, deposits, and structured products and institutional sales
services.

On February 15, 2016, the court-appointed insolvency administrator
of Maple Bank GmbH and putative foreign representative of Maple
Bank GmbH under Chapter 15 U.S. Bankruptcy Code filed a Verified
Petition for Recognition of Foreign Proceeding and Motion for Order
Granting Related Relief pending before the United States Bankruptcy
Court for the Southern District of New York.  The U.S. proceeding
is captioned as, In re Maple Bank GmbH, Case No. 16-10336 (MG)
(Bankr. S.D.N.Y.).  The Verified Petition seeks, among other
things, the entry of an order (i) recognizing Maple Bank's
insolvency proceeding pursuant to the German Insolvency Act,
commenced before the Frankfurt Lower District Court (Amtsgericht
Frankfurt am Main), Case No. 810 IN 128/16 M, as a foreign main
proceeding, or in the alternative, as a foreign non-main
proceeding, (ii) recognizing the Petitioner as the foreign
representative of Maple Bank and (iii) granting related relief
under chapter 15 of the US Bankruptcy Code.

Dr. Michael C. Frege, in his capacity as the court-appointed
Insolvency Administrator and putative foreign representative,
serves as petitioner in the Chapter 15 case.

In July 2016, the Office of the Superintendent of Financial
Institutions in Canada pushed to liquidate Maple Financial Group
Inc.'s German unit after warning that Canadian creditors may be
short-changed by Germany's insolvency proceeding against the
lender, according to a Bloomberg News report, citing an internal
memo from the regulator.

Maple Bank is headquartered in Frankfurt, Germany, but has a branch
in Canada. The branch doesn't take or hold any retail deposits, but
mainly deals in securitization, securities financing and structured
secured wholesale lending, CBCNews noted.

According to Bloomberg, German banking watchdog BaFin shuttered
Maple Bank GmbH in February 2016 after a dispute over tax refunds
threatened the firm's stability. Authorities in that country are
seeking to hold Maple Bank liable for alleged tax liabilities of as
much as 392 million euros ($436 million), according to court
documents.  The bank also has branches in Canada and the
Netherlands, and broker-dealers in Canada, the U.S. and U.K.


METROPOLITAN DIAGNOSTIC: Taps Gregory K. Stern as Legal Counsel
---------------------------------------------------------------
Metropolitan Diagnostic Imaging, Inc. seeks approval from the U.S.
Bankruptcy Court for the Northern District of Illinois to hire
Gregory K. Stern P.C. as its legal counsel.

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

The attorneys who will be handling the case and their hourly rates
are:

     Gregory Stern      $465
     Dennis Quaid       $465
     Monica O'Brien     $450
     Rachel Sandler     $350

The Debtor paid the attorneys a minimum fee of $22,000 prior to the
petition date.

The attorneys do not represent any interest adverse to the Debtor
and its estate, according to court filings.

The firm can be reached through:

     Gregory K. Stern, Esq.
     Monica C. O'Brien, Esq.
     Dennis E. Quaid, Esq.
     Rachel S. Sandler, Esq.
     Gregory K. Stern P.C.
     53 West Jackson Boulevard, Suite 1442
     Chicago, IL 60604
     Phone: (312) 427-1558
     Email: greg@gregstern.com
     Email: monica@gregstern.com
     Email: dquaid3@gmail.com
     Email: rachel@gregstern.com

            About Metropolitan Diagnostic Imaging Inc.

Based in Chicago, Illinois, Advanced Medical Imaging Center --
https://www.amic-chicago.com/ -- has been providing radiological
services since 1985.  Its services include diagnostic breast MRI,
digital screening mammography, high field MRI/MRA, open MRI/MRA,
digital general x-ray, ultrasound, multi-detector CT/CTA, DEXA and
fluoroscopy/arthrography.

Metropolitan Diagnostic Imaging, Inc. d/b/a Advanced Medical
Imaging, Inc. filed a Chapter 11 Petition (Bank. N.D. Ill. Case No.
17-35285) on November 28, 2017, disclosing $1 million to $10
million in both assets and liabilities. The petition was signed by
Moqueet Syed, its president.

The case is assigned to Judge Timothy A. Barnes.


MICHIGAN HONEY: Plan and Disclosures Hearing Set for Jan. 12
------------------------------------------------------------
Judge Phillip J. Shefferly of the U.S. Bankruptcy Court for the
Eastern District of Michigan issued an order granting preliminary
approval of Michigan Honey Bees, L.L.C.'s disclosure statement
dated Dec. 1, 2017.

The deadline to return ballots on the plan, as well as to file
objections to final approval of the adequacy of the information in
the disclosure statement and objections to confirmation of the plan
is Jan. 5, 2018.

The hearing on objections to final approval of the adequacy of the
information in the disclosure statement and confirmation of the
plan will be held on Jan. 12, 2018 at 11:00 a.m., before the
Honorable Phillip J. Shefferly, United States Bankruptcy Judge, in
Courtroom 1975, 211 West Fort Street, Detroit, Michigan 48226.

              About Michigan Honey Bees, LLC

Michigan Honey Bees, LLC filed a Chapter 11 bankruptcy petition
(Bankr. E.D.MI. Case No. 17-52215) on August 9, 2017. Edward J.
Gudeman, Esq., at Gudeman & Associates, PC serves as bankruptcy
counsel.  The Debtor's assets and liabilities are both below $1
million.


MILES APPLIANCE: Jan. 23 Amended Plan Confirmation Hearing
----------------------------------------------------------
Judge Edward Ellington of the U.S. Bankruptcy Court for the
Southern District of Mississippi approved Miles Appliance and
Factory Discount Furniture Center Inc.'s amended disclosure
statement referring to an amended plan of reorganization dated
August 28, 2017.

Jan. 4, 2018 is fixed as the last day for filing objections to the
confirmation of the amended plan of reorganization.

A hearing on Confirmation of the amended plan of reorganization
will be held on Jan. 23, 2018, at 1:30 P.M., in the United States
Courthouse, Bankruptcy Courtroom 4D, 501 East Court Street,
Jackson, Mississippi.

                     About Miles Appliance

Miles Appliance and Factory Discount Furniture Center, Inc., sought
Chapter 11 protection (Bankr. S.D. Miss. Case No. 15-02339) on July
29, 2015.  The case is assigned to Judge Edward Ellington.  The
Debtor estimated assets in the range of $1 million to $10 million
and debt of $0 to $50,000.  The Debtor tapped John D. Moore, Esq.,
at John D. Moore, P.A., as counsel.  The petition was signed by
Linda Burleson, president.


NAVISTAR INTERNATIONAL: Franklin Has 12% Stake as of Nov. 30
------------------------------------------------------------
Franklin Resources, Inc., Charles B. Johnson and Rupert H. Johnson,
Jr. reported in a Schedule 13G/A filed with the Securities and
Exchange Commission that as of Nov. 30, 2017, they beneficially
owned 11,763,374 shares of common stock of Navistar International
Corporation, constituting 12 percent of the shares outstanding.
Templeton Global Advisors Limited also reported beneficial
ownership of 10,450,141 common shares or 10.6 percent equity stake
in Navistar.

Charles B. Johnson and Rupert H. Johnson, Jr. each own in excess of
10% of the outstanding common stock of FRI and are the principal
stockholders of FRI.  FRI and the Principal Shareholders may be
deemed to be, for purposes of Rule 13d-3 under the Act, the
beneficial owners of securities held by persons and entities for
whom or for which FRI subsidiaries provide investment management
services.  

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

                     https://is.gd/va9Wea

                        About Navistar

Headquartered in Lisle, Illinois, 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.


NEOPS HOLDINGS: Taps SSG Advisors as Investment Banker
------------------------------------------------------
NEOPS Holdings, LLC seeks approval from the U.S. Bankruptcy Court
for the District of Connecticut to hire SSG Advisors, LLC as
investment banker.

The services to be provided by SSG include the preparation of
expert report and testimony; negotiations with various parties in
connection with the "plan confirmation process;" and SSG's fielding
of any unsolicited offer.

SSG will be paid an initial fee of $40,000 due upon signing of its
engagement agreement with NEOPS; and a final fee of $40,000 to be
paid upon confirmation of a plan of reorganization.

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

SSG can be reached through:

     Mark E. Chesen
     SSG Advisors, LLC
     1 Mill Street, Suite 201,
     Burlington, VT 05401
     Phone: (610) 940-5801
     Email: mchesen@ssgca.com

                     About Neops Holdings LLC

Headquartered in Branford, Connecticut, New England Orthotic --
http://www.neops.net/-- is a provider of orthotic and prosthetic
patient care products and services in the eastern United States.
The partnership was founded by certified orthotists and
prosthetists who were dissatisfied with large impersonal
corporations where the constant pressures of consolidation and cost
containment can hamper effective patient care.

NEOPS Holdings LLC and its affiliates including New England
Orthotic and Prosthetic Systems, LLC, filed for Chapter 11
protection (Bankr. D. Conn. Lead Case No. 17-31017) on July 11,
2017.  The petitions were signed by David Mahler, president and
CEO.

NEOPS Holdings estimated its assets at between $1 million and $10
million and its liabilities at between $10 million and $50 million.
New England Orthotic estimated its assets at up to $50,000 and
liabilities at between $1 million and $10 million.

Judge Ann M. Nevins presides over the case.

James Berman, Esq., and Joanna M. Kornafel, Esq., at Zeisler &
Zeisler, P.C., serve as the Debtors' bankruptcy counsel.  The
Debtors hired Daniel O'Brien as their restructuring and financial
advisor.

On July 21, 2017, the U.S. Trustee for Region 2 appointed an
official committee of unsecured creditors. The Committee hired
Blakeley LLP, as counsel.


NORTHERN OIL: Moody's Affirms Caa2 CFR & Revises Outlook to Stable
------------------------------------------------------------------
Moody's Investors Service affirmed Northern Oil and Gas, Inc.'s
(NOG) Caa2 Corporate Family Rating (CFR), Caa2-PD Probability of
Default Rating (PDR), and Caa3 senior unsecured notes rating. At
the same time, Moody's upgraded the Speculative Grade Liquidity
(SGL) rating to SGL-3 from SGL-4. The rating outlook is stable.

"The change to a stable outlook and the SGL-3 Speculative Grade
Liquidity rating recognizes NOG's improved liquidity, which will
support the company's drilling capital requirements through 2018
with sufficient headroom under its financial covenants," commented
James Wilkins, Moody's Vice President -- Senior Analyst. "The
affirmation of the Caa2 CFR reflects still-elevated debt balances
and a high cost structure, which continue to pressure cash flows in
this range-bound oil price environment."

NOG entered into a term loan agreement that provides for $300
million in initial term loans that were made as of the effective
date, a $100 million delayed draw term loans for a period of 18
months after the effective date and up to $100 millon in
incremental term loans on an uncommitted basis.

The following summarizes the ratings activity.

Issuer: Northern Oil and Gas, Inc.

Affirmations:

Corporate Family Rating, Affirmed Caa2

Probability of Default Rating, Affirmed Caa2-PD

Senior Unsecured Regular Bond/Debenture, Affirmed Caa3 (LGD4)

Upgrades:

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

Outlook:

Outlook, Changed to Stable from Negative

RATINGS RATIONALE

NOG's Caa2 CFR reflects its high leverage, weak asset coverage of
debt (under 1x), modest scale and Moody's expectations that NOG's
cash flows will continue to be challenged through 2018. The company
has $1 billion of balance sheet debt - $700 million of notes due
June 1, 2020 and a $300 million term that matures in five years
provided no more than $30 million of the notes are outstanding as
of March 1, 2020. Moody's does not expect the company to generate
meaningful positive free cash flow in 2018 that would allow it to
repay debt, and with a PV-10 value that is currently much less than
the $1 billion of outstanding debt, refinancing the notes prior to
March 1, 2020, at par will be unlikely without a substantial
increase in oil prices. NOG is hedging its expected oil production
three years in the future as required under its term loan credit
agreement. Its swaps (at prices averaging $52.58/bbl for 2018 as of
September 30, 2017) will limit the benefit NOG reaps from potential
future upward movement in oil prices.

The improvement in liquidity provided by the term loan credit
agreement should allow NOG the flexibility to increase its capital
expenditures in 2018 and modestly increase production volumes.
Notwithstanding its oil-weighted production mix, a heavy interest
burden and steep (although improving) basis differentials are a
drag on NOG's profit margins. Moody's projects NOG's retained cash
flow (RCF) to debt ratio will remain below 10% in 2018, if WTI
crude oil prices average around $50/bbl. Continued outspending of
cash flows will limit NOG's ability to reduce debt, keeping
leverage elevated.

The SGL-3 Speculative Grade Liquidity Rating reflects adequate
liquidity, supported by cash flow from operations, cash balances
and availability under the delayed draw term loan facility. The
company has a committed $100 million delayed-draw term loan
available until May 2019. As of September 30, 2017, NOG had
approximately $152 million of cash, pro forma for the term loan
proceeds, repayment of revolver borrowings and termination of the
revolving credit facility due 2018. Moody's anticipates balance
sheet cash will be sufficient to fund continued negative free cash
flow, as NOG operates under an increased drilling program. NOG's
first lien senior secured term loan facility agreement has three
financial covenants: a minimum PDP coverage ratio (PDP PV-10 plus
cash to secured debt) of 1.3x; a maximum net secured debt to
EBITDAX ratio of 3.75x; and a minimum liquidity requirement of $20
million (consisting of cash and undrawn delayed draw commitments).
Moody's expects that NOG will maintain compliance with the
covenants through 2018. The company benefits from having no
near-term debt maturities (the notes mature June 1, 2020 and the
term loan matures in 2022, but the term loan credit agreement
requires that no more than $30 million principal amount of the
notes are outstanding on March 1, 2020). Substantially all of the
company's assets are pledged as security under the term loan
facility, which limits the extent to which asset sales could
provide a source of additional liquidity, if needed.

NOG's $700 million of senior unsecured notes are rated Caa3, one
notch below the company's Caa2 CFR, reflecting the more senior
priority claim on assets of the $300 million first lien secured
term loan (unrated). The term loan is secured by substantially all
of NOG's assets.

The stable outlook reflects Moody's expectation that NOG will have
adequate liquidity though 2018, while it pursues its drilling
program, and that NOG's credit metrics will not decline from
already weak levels. Before an upgrade would be considered NOG must
demonstrate progress towards refinancing the notes due 2020. If NOG
does so and can achieve interest coverage of 2x (including Moody's
analytical adjustments) while maintaining its ratio of Retained
Cash Flow to Debt over 10% on a sustained basis and adequate
liquidity, an upgrade could be considered. The CFR could be
downgraded if liquidity falls below $100 million, or if interest
coverage falls below 1.5x (including Moody's analytical
adjustments).

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

Northern Oil and Gas, Inc., based in Minnetonka, Minnesota, owns
non-operated working interests in oil and gas wells and acreage
primarily in the Bakken and Three Forks formations within the
Williston Basin in North Dakota and Montana.


NORTHWEST HARDWOODS: Moody's Affirms Caa1 Corporate Family Rating
-----------------------------------------------------------------
Moody's Investors Service changed Northwest Hardwoods, Inc.'s
("Northwest" or "NWH") rating outlook to stable from negative since
NWH extended maturity date of its revolving credit facility,
removing a liquidity constraint, and expectations that operating
performance will improve modestly. In related rating action,
Moody's affirmed Northwest's Caa1 Corporate Family Rating, Caa1-PD
Probability of Default Rating, and Caa2 rating assigned to its
senior secured notes due 2021.

Outlook Actions:

Issuer: Northwest Hardwoods, Inc.

-- Outlook, Changed To Stable From Negative

Affirmations:

Issuer: Northwest Hardwoods, Inc.

-- Probability of Default Rating, Affirmed Caa1-PD

-- Corporate Family Rating, Affirmed Caa1

-- Senior Secured Regular Bond/Debenture Aug 1, 2021, Affirmed
    Caa2 (LGD4)

RATINGS RATIONALE

The change in Northwest's rating outlook to stable from negative
results from recent extension of its asset-based revolving credit
facility to a stated maturity of July 18, 2022 from July 18, 2019,
removing a liquidity constraint and giving it more financial
flexibility. However, revolver maturity will spring forward 60 days
(to about June 1, 2021) prior to maturity of NWH's senior secured
notes due August 1, 2021. Northwest also modified its borrowing
base limitations, effectively giving it more collateral for
potential borrowings. Supporting stable outlook is Moody's
expectations that operating performance will improve modestly,
albeit from low levels.

Northwest Hardwoods' Caa1 Corporate Family Rating results from low
profit margins, weak interest coverage and high debt leverage.
Operating performance has been negatively impacted by lower volumes
and product mix variance. Key debt-credit metrics will remain
anemic over next 12 to 18 months. Cash interest payments for
Northwest's high-yield debt alone total almost $30 million per
year, making it difficult for the company to generate high levels
of free cash flow relative to debt burden.

Providing an offset to fragile credit metrics is NWH' position as a
leader in the North American hardwood lumber manufacturer. Its high
sawmill capacity is a significant barrier to entry. Moody's expect
growth in new housing construction and remodeling activity, key end
markets for NWH. Moody's recognizes that management is addressing
its operating performance by improving working capital, enhancing
supplier relationships, and modernizing its mills. These actions
should contribute to better results over the long-term.
Additionally, NWH now has an extended maturity profile with no
significant maturities until mid-2021, earliest maturity of its
revolving credit facility.

Rating upgrade is not likely over intermediate term. However,
upward ratings pressures will occur when Northwest's turn-around
program takes hold and operating performance rebounds, yielding the
following credit metric (ratio includes Moody's standard
adjustments) and characteristic:

* Debt-to-EBITDA sustained below 6.0x

* EBITA-to-interest staying above 1.0x

* Balance sheet debt permanently reduced

* Liquidity profile improves

A downgrade will ensue if NWH's operating performance does not show
improvement, resulting in the following credit metrics (ratio
includes Moody's standard adjustments) and characteristics:

* Debt-to-EBITDA sustained above 9.5x

* EBITA-to-interest trending towards 0.5x

* Significant levels of dividends

* Large debt-financed acquisitions

* Deterioration in liquidity

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

Northwest Hardwoods, Inc., headquartered in Tacoma, WA, is a
national manufacturer and distributor of hardwood lumber used for
diverse products such as mill work, cabinetry, flooring, and
furniture. NWH derives about 30% of revenues from exports.
Littlejohn & Co., through its affiliates, is the primary owner of
Northwest. Northwest is privately-owned and does not publicly
disclose financial information.


OAKFABCO INC: Liquidating Trust to Make Payments to PI Claimholders
-------------------------------------------------------------------
Oakfabco, Inc. filed a motion asking the U.S. Bankruptcy Court for
the Northern District of Illinois to conditionally approve its
disclosure statement regarding its proposed plan of liquidation
dated Dec. 1, 2017.

The Debtor also requests that the Court schedule a Combined Hearing
for March 8, 2018, or as soon thereafter as the Court is available,
and providing that the Combined Hearing may be continued from time
to time by the Court or the Debtor without further notice other
than an announcement of the continuance at the Combined Hearing or
any continued hearing.

In addition, the Debtor respectfully requests that the Court
establish the following deadlines and procedures relating to final
approval of the Disclosure Statement and Confirmation of the Plan:

   * Objections and responses to final approval of the Disclosure
Statement and Confirmation of the Plan must be in writing and filed
and served on or before 4:00 p.m. (prevailing Central Time) on
March 1, 2018.

   * The deadline for the Debtor to file a consolidated reply and
for any other party in interest to file a reply to any objections
to Confirmation of the Plan will be on or before 4:00 p.m.
(prevailing Central Time) on March 5, 2018.

The Plan provides for the Liquidating Trust to make distributions
on account of all valid Asbestos Personal Injury Claims asserted by
claimants in accordance with certain procedures. The Trust
Distribution Procedures establish criteria for the resolution of
Asbestos PI Claims (including the supporting evidence required to
be submitted), set forth the processes by which Asbestos PI Claims
will be reviewed by the Liquidating Trust, and specify liquidated
values for valid claims based on the severity of the underlying
disease.

Under the Trust Distribution Procedures, Holders of Asbestos PI
Claims will be required to submit proof-of-claim forms tailored to
elicit the type of information necessary to demonstrate the
existence of a valid Asbestos PI Claim and evidence demonstrating
both injury and exposure. The required evidentiary materials depend
upon the nature of the claimed disease. The Liquidating Trust will
be charged with reviewing the materials submitted by each holder of
an Asbestos PI Claim and determining whether such claims should be
paid in accordance with the terms of the Plan and the Trust
Distribution Procedures.

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

     http://bankrupt.com/misc/ilnb15-27062-551.pdf

                  About Oakfabco, Inc.

Oakfabco, Inc, formerly known as Kewanee Boiler Corporation, has
not manufactured boilers since 1988 when it sold its Kewanee boiler
business in an 11 U.S.C. Section 363 sale to Coppus Engineering
Corporation. In early 2009, it sold all of its remaining assets.

The Debtor has no employees, and, Frederick W. Stein is the
Debtor's sole officer and director. The Debtor's sole remaining
asset is its insurance, and it has no known liabilities other than
asbestos claims.

In January 1970, Kewanee Boiler Corp, then a newly-formed Illinois
Corporation, acquired the assets and debt of American Standard,
Inc.'s commercial boiler manufacturing division known as "Kewanee
Boiler." The boilers manufactured and sold by Kewanee Boiler were
insulated with asbestos.

Oakfabco sought Chapter 11 protection (Bankr. N.D. Ill. Case No.
16-27062) on Aug. 7, 2015, to resolve its remaining asbestos
claims. The petition was signed by Frederick W. Stein, president.

Stephen T. Bobo, Esq., Aaron B. Chapin, Esq., Paul M. Singer, Esq.,
Luke A. Sizemore, Esq., and Joseph D. Filloy, Esq., at Reed Smith
LLP, serves as counsel to the Debtor.

The Debtor estimated $10 million to $50 million in assets and
debt.

The U.S. Trustee for Region 11 appointed four members to the
Asbestos Claimants' Committee in the Chapter 11 bankruptcy case of
Oakfabco Inc.: Vince Holajn, William E. Gallet, Kristin Leigh Hart,
and Michael Batchelor. The Asbestos Claimants' Committee is
represented by Frances Gecker, Esq., at FrankGecker LLP.

The Debtor tapped Logan & Company, Inc. as its claims and noticing
agent, and Alan D. Lasko and Associates, P.C. as its tax
accountant.

The Asbestos Claimants' Committee retained Henry Booth and Colin
Gray to provide insurance professional services.


OCWEN FINANCIAL: Fitch Puts CC Sr. Notes Rating on Watch Positive
-----------------------------------------------------------------
Fitch Ratings has placed the senior unsecured notes of Ocwen
Financial Corporation (OCN) and the senior secured notes of Ocwen
Loan Servicing, LLC (OLS) on Rating Watch Positive following the
publication of an Exposure Draft of its Global Non-Bank Financial
Institutions Rating Criteria, which contemplates the introduction
of '+' and '-' modifiers at the 'CCC' rating category.

The Exposure Draft was published on Dec. 12, 2017, after which
Fitch is soliciting market feedback until Jan. 31, 2018.
Thereafter, Fitch will publish finalized criteria and resolve the
Rating Watch status of the affected securities within a reasonably
short time frame.

OCN's senior unsecured notes and OLS's senior secured notes are
currently rated 'CC/RR6' and 'CCC/RR5', respectively. Ocwen's
ratings are otherwise unaffected by this rating action.

KEY RATING DRIVERS

SENIOR DEBT

The Rating Watch Positive reflects Fitch's expectation that the
notes will be upgraded by one notch if the updated criteria is
finalized as proposed. The upgrade would reflect revised notching
between the Issuer Default Ratings (IDRs) and issue-level ratings,
as a function of the Recovery Ratings for a given issue, taking
into account the addition of '+' and '-' modifiers.

RATING SENSITIVITIES

SENIOR DEBT

Fitch expects to resolve the Rating Watch in February 2018,
following the conclusion of the Exposure Draft comment period and
publication of the finalized criteria.

If the proposed 'CCC' rating modifiers and the notching between the
IDRs and issue-level ratings are adopted as proposed, OCN's senior
unsecured notes would be upgraded to 'CCC/RR6' from 'CC/RR6' and
OLS's senior secured notes would be upgraded to 'CCC+/RR5' from
'CCC/RR5'.

If the proposed 'CCC' rating modifiers and the notching between the
IDRs and issue-level ratings are not adopted as proposed, the
ratings would be removed from Rating Watch Positive and would be
otherwise unaffected.

Aside from the aforementioned proposed criteria change, the ratings
assigned to the senior secured and senior unsecured notes are
primarily sensitive to changes in the long-term IDRs of OLS and
OCN, respectively, and recovery prospects on the instruments.
Fitch has placed on the following ratings on Rating Watch
Positive:

Ocwen Financial Corporation
-- Senior unsecured notes 'CC/RR6'.

Ocwen Loan Servicing, LLC
-- Senior secured notes 'CCC/RR5'.

Fitch currently rates OCN and OLS as follows:

Ocwen Financial Corporation
-- Long-term IDR 'B-';
-- Short-term IDR 'B'.

Ocwen Loan Servicing, LLC
-- Long-term IDR 'B-';
-- Senior secured term loan 'B-/RR4'.

The Rating Outlooks are Negative.


PALOMAR HEALTH: Moody's Rates New $153.3MM 2017 Rev. Bonds 'Ba1'
----------------------------------------------------------------
Moody's Investors Service has assigned Ba1 ratings to Palomar
Health's proposed $56.2 million Certificates of Participation, to
be issued by the California Municipal Finance Authority, and to the
proposed $153.3 million Series 2017 Revenue Refunding Bonds, to be
issued by Palomar Health. At this time, Moody's are also affirming
the Ba1 ratings on Palomar Health's parity revenue bonds, affecting
$566.9 million of outstanding debt. Total proforma revenue debt
outstanding is $617.7 million. The rating outlook is stable.

Moody's also rates $630 million of PH's general obligation bonds,
which currently have a rating of A2. The general obligation bonds
are secured by the district's voter-approved unlimited property tax
pledge and general obligation bondholders do not have any recourse
to the hospital for payments under the bonds. Tax revenues,
payments, and principal related to the general obligation bonds
have been excluded from this analysis.

RATINGS RATIONALE

The assignment of the Ba1 reflects Palomar Health's large size of
operations, its leading market position, and its stabilized cash
measures, balanced against a very high leverage position and
challenging payor mix. Current challenges include: particularly
poor operating performance through four months of fiscal 2018; a
temporary drop in unrestricted cash and investments year to date;
currently unresolved union contract negotiations; and weak debt
measures. Strengths include: Palomar's leading market position in
northern San Diego county; Palomar's status as the largest district
hospital in the state; a certain level of stability derived from
Palomar's contract with Kaiser; and the absence of immediate
competition.

RATING OUTLOOK

The stable outlook reflects the expectation that operating results
and cash balances will improve in the second half of the year, and
that overall measures will improve over time.

FACTORS THAT COULD LEAD TO AN UPGRADE

- Materially improved liquidity, debt, and operating measures

FACTORS THAT COULD LEAD TO A DOWNGRADE

- Failure to improve operating performance in second half of
   fiscal 2018

- Failure to improve liquidity by end of fiscal year 2018

- Issuance of any additional debt

LEGAL SECURITY

Revenue bonds are secured by a pledge of gross revenues of the
system and are backed by a reserve policy with Assured Guaranty
Municpal Corp. (AGM) which satisfies the debt service reserve fund
requirement. It is also anticipated that AGM will insure a portion
of the Series 2017 Revenue Refunding Bonds. Palomar makes available
unaudited interim financial statements on a quarterly basis.
Covenants include: a minimum days cash on hand requirement of 80
days (below 55 days constitutes an event of default); and minimum
peak debt service coverage of 1.15 times (less than 1.0 times
constitutes an event of default).

USE OF PROCEEDS

The Series 2017 Revenue Refunding Bonds will refund the Series 2010
Certificates of Participation. The 2017 Certificates of
Participation will fund various capital projects. Proceeds will
also pay costs of issuance.

PROFILE

Palomar Health is the largest public health care district in the
State of California, with over $800 million of revenues in fiscal
2017, and generating over 30,000 admissions. The district operates
in-patient facilities in the towns of Escondido and Poway, and
captures 50% market share within the district. Palomar Health was
formerly known as Palomar Pomerado Health and changed its name per
board resolution in May 2012.

METHODOLOGY

The principal methodology used in this rating was Not-For-Profit
Healthcare published in November 2017.



PARETEUM CORP: Mitchell Kopin Has 5.9% Equity Stake as of Dec. 1
----------------------------------------------------------------
Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC
disclosed in a Schedule 13G filed with the Securities and Exchange
Commission that as of Dec. 1, 2017, they beneficially owned
2,550,573 shares of common stock of Pareteum Corporation,
constituting 5.9 percent of the shares outstanding.

The principal business office of Mr. Kopin and Intracoastal is 245
Palm Trail, Delray Beach, Florida 33483.  The principal business
office of Mr. Asher is 111 W. Jackson Boulevard, Suite 2000,
Chicago, Illinois 60604.

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

                     https://is.gd/21QEtV

                        About Pareteum

New York-based Pareteum Corporation (NYSEMKT: TEUM), formerly known
as Elephant Talk Communications, Inc. -- http://www.pareteum.com--
is an international provider of business software and services to
the telecommunications and financial services industry.

Squar Milner, LLP, in Los Angeles, California, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2016, citing that the
Company has suffered recurring losses from operations, has an
accumulated deficit of $287,080,234 and has negative working
capital.  This, according to the auditors, raises substantial doubt
about the Company's ability to continue as a going concern.

Pareteum incurred a net loss of $31.44 million for the year ended
Dec. 31, 2016, following a net loss of $5 million for the year
ended Dec. 31, 2015.  The Company's balance sheet as of Sept. 30,
2017, showed $10.28 million in total assets, $15.16 million in
total liabilities and a total stockholders' deficit of $4.87
million.


PRO TANK: Voluntary Chapter 11 Case Summary
-------------------------------------------
Debtor: Pro Tank Products, Inc.
        PO Box 347
        Plentywood, MT 59254

Type of Business: Pro Tank Products is a privately held company in
                  Plentywood, Montana, that manufactures tanks and
                  tank components.

                  Pro tank is affiliated with Marsh Land &
                  Livestock, Inc. and Marsh Resources, LLC, both
                  of which sought bankruptcy protection on Oct.
                  17, 2016 and Oct. 13, 2016, respectively (Bankr.
                  D. Mont. Case Nos. 16-60999 and 16-61010).

Chapter 11 Petition Date: December 12, 2017

Case No.: 17-61181

Court: United States Bankruptcy Court of Montana
       U.S. Bankruptcy Court, District of Montana (Butte)

Judge: Hon. Benjamin P. Hursh

Debtor's Counsel: Gary S. Deschenes, Esq.
                  DESCHENES & ASSOCIATES LAW OFFICES
                  P.O. Box 3466
                  Great Falls, MT 59403-3466
                  Tel: 406.761.6112
                  E-mail: descheneslaw@dalawmt.com
                          gsd@dalawmt.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Todd J. Marsh, president.

The Debtor did not file a list of 20 largest unsecured creditors
together with the petition.

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

           http://bankrupt.com/misc/mtb17-61181.pdf


PROPERTY RENTAL: Disclosure Statement Not Required, Court Rules
---------------------------------------------------------------
Judge Brian K. Tester of the U.S. Bankruptcy Court for the District
of Puerto Rico granted Property Rental and Investment Corporation's
motion for an entry of an order holding that a disclosure statement
is not required with respect to their joint chapter 11 plan or in
the alternative, that the joint chapter 11 plan provides adequate
information for solicitation purposes.

A hearing for the consideration of the confirmation of the Joint
Plan and of any objection to the confirmation of the plan to be
filed on /or before seven days prior to the date the hearing on
confirmation of the Plan, will be held on Jan. 24, 2018 at 2:00
P.M., at the Jose V. Toledo, Federal Building & U.S. Courthouse,
Courtroom No. 1, Second Floor, 300 Del Recinto Sur Street, Old San
Juan, Puerto Rico.

Headquartered in San Juan, Puerto Rico, Property Rental and
Investment Corporation, is a privately held company engaged in the
business of real estate rentals in Puerto Rico.  The company owns
nine commercial properties having an aggregate appraised value of
$9.12 million.

The company filed for Chapter 11 protection (Bankr. D.P.R. Case No.
17-06865) on Nov. 16, 2017, listing its total assets at $16.62
million and total liabilities at $8.69 million. The petition was
signed by Adrian E. Stella Arroyo, president.




ROSSER RESERVE: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Rosser Reserve, LLC
        P.O. Box 132
        Oakland, FL 34760-0132

Type of Business: Rosser Reserve is the fee simple owner of nine
                  real properties in Windermere, Florida valued by

                  the company at $9.83 million.

Chapter 11 Petition Date: December 12, 2017

Case No.: 17-07730

Court: United States Bankruptcy Court
       Middle District of Florida (Orlando)

Debtor's Counsel: William L. Porter, III, Esq.
                  LAW OFFICES OF L. WILLIAM PORTER III, P.A.
                     dba THE BILL PORTER LAW FIRM
                  2014 Edgewater Drive, #119
                  Orlando, FL 32804
                  Tel: (407) 603-5769
                  E-mail: bill@billporterlaw.com

Total Assets: $9.83 million

Total Liabilities: $8.20 million

The petition was signed by Sue R. Prosser, managing member.

A full-text copy of the petition, along with a list of 20 largest
unsecured creditors, is available for free at
http://bankrupt.com/misc/flmb17-07730.pdf


RUBY TUESDAY: Supplements Definitive Proxy Statement
----------------------------------------------------
Ruby Tuesday, Inc., entered into an Agreement and Plan of Merger
with RTI Holding Company, LLC and its wholly-owned subsidiary, RTI
Merger Sub, LLC, on Oct. 16, 2017.  Both Holding and Merger
Subsidiary are affiliates of NRD Partners II, L.P.  Pursuant to the
terms of the Merger Agreement, Merger Subsidiary will be merged
with and into Ruby Tuesday, with Ruby Tuesday surviving the merger
as a wholly-owned subsidiary of Holding.

On Nov. 20, 2017, Ruby Tuesday filed a definitive proxy statement
on Schedule 14A with the Securities and Exchange Commission in
connection with a special meeting of the stockholders of Ruby
Tuesday, scheduled for Dec. 20, 2017, at which stockholders of Ruby
Tuesday will be asked to consider and vote upon, among other
proposals, a proposal to approve and adopt the Merger Agreement.

Ruby Tuesday made supplemental disclosures to the Definitive Proxy
Statement in a Form 8-K filed Dec. 11, 2017.

Summary (Beginning of Page 1 of the Definitive Proxy Statement)

The second sentence in the second paragraph on page 10 of the
Definitive Proxy Statement is revised to read as follows:

At the close of business on November 17, 2017, 61,190,829 shares of
Ruby Tuesday common stock were issued and outstanding,
approximately 2.7% of which were held by Ruby Tuesday's directors
and executive officers.

Questions and Answers (Beginning of Page 12 of the Definitive Proxy
Statement)

The fourth sentence in the paragraph beginning with "The record
date for the special meeting . . ." on page 15 of the Definitive
Proxy Statement is revised to read as follows:

At the close of business on November 17, 2017, there were
61,190,829 shares of Ruby Tuesday common stock issued and
outstanding, approximately 2.7% of which were held by Ruby
Tuesday's directors and executive officers.

The Special Meeting - Record Date; Stockholders Entitled to Vote
(Beginning on Page 24 of the Definitive Proxy Statement)

The second sentence in the second paragraph on page 24 of the
Definitive Proxy Statement is revised to read as follows:

At the close of business on November 17, 2017, 61,190,829 shares of
Ruby Tuesday common stock were issued and outstanding, and there
were 1,804 holders of record of Ruby Tuesday common stock.

The Special Meeting - Voting by Ruby Tuesday's Directors and
Executive Officers (Beginning on Page 25 of the Definitive Proxy
Statement)

The first sentence in the fourth paragraph on page 25 of the
Definitive Proxy Statement is revised to read as follows:

At the close of business on November 17, 2017, directors and
executive officers of Ruby Tuesday and their affiliates were
entitled to vote 1,641,182 shares of Ruby Tuesday common stock, or
approximately 2.7% of the shares of Ruby Tuesday common stock
issued and outstanding on that date.

Market Prices of Ruby Tuesday Common Stock (Beginning of Page 81 of
the Definitive Proxy Statement)

The third sentence in the second full paragraph on page 81 of the
Definitive Proxy Statement is revised to read as follows
(supplemental disclosure underlined, strikethrough of deleted
disclosure):

At the close of business on November 17, 2017, there were 1,804
holders of record of Ruby Tuesday common stock.

The second sentence in the third full paragraph on page 81 of the
Definitive Proxy Statement is revised to read as follows:

dAt the close of business on November 17, 2017, Ruby Tuesday had
61,190,829 shares of Ruby Tuesday common stock issued and
outstanding.

Litigation Updates

As described in the Definitive Proxy Statement, in connection with
the transactions contemplated by the Merger Agreement, as of
November 15, 2017, various combinations of Ruby Tuesday, its
directors, Holding, Merger Subsidiary and the Fund have been named
as defendants in six purported stockholder class actions filed in
the United States District Court for the Eastern District of
Tennessee by alleged stockholders of Ruby Tuesday. The lawsuits are
captioned Maseman v. Ruby Tuesday, Inc., et al., 3:17-cv-00478
(filed on November 8, 2017), Sun v. Ruby Tuesday, Inc., et al.,
3:17-cv-00482 (filed on November 9, 2017) ("Sun"), Rosenfeld v.
Ruby Tuesday, Inc., et al., 3:17-cv-00485 (filed on November 10,
2017), Raul v. Ruby Tuesday, Inc., et al., 3:17-cv-00494 (filed on
November 13, 2017) ("Raul"), Patterson v. Ruby Tuesday, Inc., et
al., 3:17-cv-00495 (filed on November 14, 2017) ("Patterson") and
Breslau v. Ruby Tuesday, Inc., et al., 3:17-cv-00496 (filed on
November 14, 2017) (collectively, the "Previously Disclosed
Actions").

On November 16, 2017, a purported stockholder class action was
filed in the United States District Court for the Eastern District
of Tennessee against Ruby Tuesday, its directors, Holding and
Merger Subsidiary.  The lawsuit is captioned Williams v. Ruby
Tuesday, Inc., et al., 3:17-cv-00499.

On November 17, 2017, a purported stockholder class action was
filed in the United States District Court for the Eastern District
of Tennessee against Ruby Tuesday and its directors.  The lawsuit
is captioned Saile v. Ruby Tuesday, Inc., et al., 3:17-cv-00501.

On November 21, 2017, plaintiffs in the Actions filed motions to
consolidate the Actions and appoint Marcell Maseman as interim lead
plaintiff, among other actions.

On November 28, 2017, a stockholder action was filed in the United
States District Court for the Eastern District of Tennessee against
Ruby Tuesday and its directors.  The lawsuit is captioned Bailey v.
Ruby Tuesday, Inc., et al., 3:17-cv-00511.

The complaints in the Actions and Bailey assert claims against
various combinations of Ruby Tuesday, its directors, Holding,
Merger Subsidiary and the Fund pursuant to Section 14(a) of the
Securities Exchange Act of 1934 and Ruby Tuesday's directors (and
in Williams, including Holding and Merger Subsidiary) pursuant to
Section 20(a) of the Exchange Act and generally allege that the
preliminary proxy statement omitted certain material information
regarding the Merger, and that Ruby Tuesday's directors had control
person liability for the alleged material omissions.  In addition,
the Patterson complaint asserts a claim against Ruby Tuesday's
directors for breach of fiduciary duties.  The complaints generally
seek, among other remedies, to enjoin the Merger, or in the event
that the Merger is consummated, rescission of the Merger and
unspecified damages, costs and attorney's fees. The defendants
believe that the Actions and Bailey are without merit and intend to
defend vigorously against all claims asserted.

Between November 30, 2017 and December 4, 2017, plaintiffs in Sun,
Raul, Patterson, and Williams filed notices of voluntary dismissal
that dismissed the Fund, Holding, and Merger Subsidiary (as
applicable) as defendants from those respective actions.

On December 6, 2017, a purported Ruby Tuesday stockholder opposed
the appointment of Marcel Maseman as interim lead plaintiff in the
Actions.

The Merger (Proposal 1) - Background of the Merger (Beginning on
Page 29 of the Definitive Proxy Statement)

The last sentence in the fourth paragraph on page 33 of the
Definitive Proxy Statement is revised to read as follows:

All of the confidentiality agreements contained a customary
standstill provision prohibiting, among other things, the
counterparty from acquiring shares of Ruby Tuesday common stock and
waging a proxy contest or other shareholder activism campaign and
included a customary "don't ask, don't waive" provision preventing
such counterparty from requesting to waive the standstill provision
without the prior consent of Ruby Tuesday. Such standstill
provisions will terminate by their terms upon the end of a
negotiated time period ranging from one to two years as the case
may be.  All of the confidentiality agreements continue to be in
effect as of December 11, 2017, except that, as described below, on
August 14, 2017, Ruby Tuesday agreed to waive Bidder 8's and Bidder
11's obligations under the standstill provision of their
confidentiality agreements.

The second paragraph on page 42 of the Definitive Proxy Statement
is revised to read as follows:

On August 14, 2017, at the direction of the Ruby Tuesday board, UBS
informed Bidder 8 and Bidder 11 that Ruby Tuesday was entering into
exclusive discussions with another bidder and that it was
terminating discussions with Bidder 8 and Bidder 11 in connection
with a change-of-control transaction.  At the same time, Ruby
Tuesday agreed to waive Bidder 8's and Bidder 11's obligations
under the standstill provision of their respective confidentiality
agreements to the extent necessary to permit each such party to
continue to submit unsolicited confidential proposals to Ruby
Tuesday.  The standstill provisions (including the "don't ask,
don't waive" provisions) of the confidentiality agreements entered
into with other bidders continue to be in effect as of December 11,
2017.

The Merger (Proposal 1) - Opinion of Ruby Tuesday's Financial
Advisor (Beginning on Page 48 of the Definitive Proxy Statement)

The second full paragraph on page 51 of the Definitive Proxy
Statement is revised to read as follows:

UBS performed discounted cash flow analyses utilizing financial
forecasts and estimates prepared by the management of Ruby Tuesday.
See the section entitled "The Merger (Proposal 1) - Certain
Financial Projections" beginning on page 53 of this proxy
statement.  UBS calculated ranges of implied present values (as of
October 15, 2017) of the standalone, after tax, unlevered, free
cash flows that Ruby Tuesday was forecasted to generate from
October 15, 2017 through May 31, 2022 and of terminal values for
Ruby Tuesday.  Implied terminal values were derived by applying to
Ruby Tuesday's 2022 estimated unlevered, free cash flows a range of
perpetuity growth rates of 1.5% to 2.5%, which range was selected
based on UBS's professional judgment and expertise. Implied present
values of cash flows and terminal values were calculated using
discount rates ranging from 9.5% to 10.5%, based on the estimated
range of Ruby Tuesday???s weighted average cost of capital, using
the capital asset pricing model and based on considerations that
UBS deemed relevant in its professional judgment and experience,
taking into account certain metrics including yields for U.S.
Treasury notes, levered and unlevered betas for a comparable group
of companies, market risk and size premia, Ruby Tuesday's estimated
cost of debt, and Ruby Tuesday's target capital structure
weighting.  The discounted cash flow analyses resulted in a range
of implied terminal enterprise value to next twelve months
estimated EBITDA multiples of 4.6x to 5.9x for Ruby Tuesday and a
range of implied equity values of $1.43 to $2.44 per share for Ruby
Tuesday common stock.

A full-text copy of the Form 8-K report is available at:

                     https://is.gd/WbCp4O

                      About Ruby Tuesday

Ruby Tuesday, Inc. (NYSE:RT) -- http://www.rubytuesday.com/-- owns
and franchises Ruby Tuesday brand restaurants.  As of Sept. 5,
2017, there were 599 Ruby Tuesday restaurants in 41 states, 14
foreign countries, and Guam.  Of those restaurants, the Company
owned and operated 541 Ruby Tuesday restaurants and franchised 58
Ruby Tuesday restaurants, comprised of 17 domestic and 41
international restaurants.  The Company's Company-owned and
operated restaurants are concentrated primarily in the Southeast,
Northeast, Mid-Atlantic, and Midwest of the United States, which
the Company considers to be its core markets.

Ruby Tuesday reported a net loss of $106.1 million on $951.97
million of total revenue for the year ended June 6, 2017, compared
to a net loss of $50.68 million on $1.09 billion of total revenue
for the year ended May 31, 2016.  As of Sept. 5, 2017, Ruby Tuesday
had $701.02 million in total assets, $403.12 million in total
liabilities and $297.9 million in total shareholders' equity.

                         *     *     *

As reported by the TCR on Oct. 20, 2017, S&P Global Ratings placed
its ratings, including the 'CCC+' corporate credit rating, on
casual dining restaurant operator Ruby Tuesday Inc. on CreditWatch
with developing implications.  The CreditWatch placement follows
Ruby Tuesday's announcement that it has reached a definitive
agreement to be acquired by Atlanta-based private equity firm NRD
Capital in an approximately $335 million transaction.


RUSSEL METALS: S&P Assigns 'BB+' Corp Credit Rating, Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB+' long-term corporate
credit rating to Canada-based Russel Metals Inc.  The outlook is
stable.

S&P said, "The rating primarily reflects our view of the company's
position as one of the largest metals distributions companies in
North America, with a strong market position in Canada, a
diversified customer base, and historically modest leverage. The
rating also takes into account the company's comparatively low
margins, and exposure to highly volatile steel prices and energy
market conditions that we expect will contribute to fluctuations in
Russel's prospective credit measures.

"The stable outlook reflects our expectation that Russel will
maintain relatively stable credit measures over the next two years,
including adjusted debt-to-EBITDA at or below 2.5x. We assume
relatively stable average North American steel prices, at least
over the near term, and stronger energy sector demand and economic
growth should enable the company to generate earnings and leverage
near 2017 levels.

"We could downgrade the company if, over the next 12 months, we
expect Russel to generate an adjusted debt-to-EBITDA ratio above
3x, with low prospects of improving this ratio within the
corresponding 12 months. In our view, this could result from lower
earnings related to a steep and sustained decline in steel prices
without a corresponding increase in cash flow from working capital,
or material debt-financed acquisitions.

"Although unlikely over the next 12 months, we could consider an
upgrade if we believe the company can generate and sustain an
adjusted debt-to-debt ratio well below 2x. At the same time, we
would also expect the company to improve its operating breadth,
likely from investments that enhance its margins but do not lead to
higher leverage."


SEARS HOLDINGS: Raising $607-Mil. Debt Facility to Cover Pension
----------------------------------------------------------------
Andrew Scurria, writing for The Wall Street Journal Pro Bankruptcy,
reported that Sears Holdings Corp. has entered into an agreement
with lenders to delay the maturity of its $400 million term loan to
January 2019 and said it intends to obtain new debt facility of up
to $607 million to fund its pension payments.

According to the report, the extension of the term loan's maturity
indicates that investors have not lost hope that Sears can stanch a
persistent cash burn and weather a downturn in brick-and-morter
shopping all over the country.  The agreement with "new and
existing lenders" gives the Hoffman Estates, Ill.-based retailer an
option to further extend the maturity date by another six months,
the report related, citing a filing with the U.S. Securities and
Exchange Commission.

Bank of America Merrill Lynch advised Sears on the loan extension
and UBS Investment Bank will advise on the new credit facility, the
Journal noted.

"Looking ahead, we continue to explore alternatives with respect to
our debt maturities to meaningfully reduce cash interest payments
and provide the company greater flexibility," chief financial
officer Rob Riecker said in a statement, the report cited.

                     About Sears Holdings

Based in Hoffman Estates, Illinois, Sears Holdings Corporation
(NASDAQ: SHLD) is an integrated retailer focused on seamlessly
connecting the digital and physical shopping experiences to serve
its members.  Sears Holdings is home to Shop Your Way, 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
full-line and specialty retail stores across the United States.
For more information, visit www.searsholdings.com.

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.

                          *     *     *

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'.

As reported by the TCR on Nov. 3, 2017, S&P Global Ratings lowered
its corporate credit rating on Sears Holdings Corp. to 'CCC' from
'CCC+'.  The outlook is negative.  "The downgrade reflects our view
that addressing 2018 maturities over upcoming quarters will
determine if the company can continue its turnaround plan without
seeking a broader restructuring," S&P said.

In November 2017, Moody's Investors Service downgraded Sears
Holdings Corp.'s Corporate Family Rating to Caa3 from Caa2.  Sears'
Caa3 rating reflects the company's sizable operating losses -
Domestic Adjusted EBITDA (as defined by Sears) was an estimated
loss of approximately $625 million for the LTM period ending Oct.
28, 2017.


SEDGWICK CLAIMS: Moody's Affirms B3 CFR Amid Cunningham Acquisition
-------------------------------------------------------------------
Moody's Investors Service has affirmed the B3 corporate family
rating (CFR) and B3-PD probability of default rating of Sedgwick
Claims Management Services, Inc. (Sedgwick) following the company's
announcement that it plans to acquire Cunningham Lindsey, a
Florida-based global loss adjuster majority owned by CVC Partners.
Sedgwick expects to issue an incremental $735 million first-lien
term loan (rated B2) and $200 million second-lien term loan (rated
Caa2) to help fund the acquisition, pay down Sedgwick's revolver,
pay related fees and expenses and add cash to the balance sheet.
Moody's has downgraded Sedgwick's first-lien credit facility
ratings to B2 from B1 based on the change in funding mix, and has
affirmed the company's second-lien facility ratings at Caa2 (see
debt list below). The parties expect to complete the transaction in
the first half of 2018, pending regulatory approvals. The outlook
for the ratings is stable.

RATINGS RATIONALE

Sedgwick's ratings reflect its status as the largest US third-party
claims service provider (according to Business Insurance, based on
2016 gross revenue), its diverse customer base, product lines and
geographic spread across the US, and its strong historical organic
revenue growth. As a service provider to US corporations, insurance
companies and self-insured entities, Sedgwick benefits from stable
earnings based on long-term contracts with clients, relatively high
switching costs faced by clients, a stable cost structure, and lack
of exposure to insurance underwriting risk. These strengths are
offset by the company's substantial financial leverage and low
interest coverage as well as exposure to errors and omissions
claims, a risk inherent in professional services.

The proposed transaction is credit positive for Sedgwick because it
provides access to Cunningham Lindsey's expertise and clients in
international markets. The two companies have complementary
products and services and together will form a leading global
provider of risk and benefit solutions. Offsetting these benefits
is the large size and scope of this acquisition, being funded
largely with debt, and related execution and integration risk.
Moody's expects that Sedgwick's free cash flow will be weak over
the next few months as a result of planned capital expenditures on
strategic technology.

Pro forma for this transaction, Moody's estimates that the combined
group will have a debt-to-EBITDA ratio of almost 8x, (EBITDA --
capex) interest coverage of around 2x, and slightly negative free
cash flow. These metrics include the rating agency's accounting
adjustments for operating leases, pensions and run-rate earnings
from recent acquisitions. Such financial leverage is above the
expected range for Sedgwick's rating category, but Moody's expects
the company to reduce its debt-to-EBITDA ratio below 7.5x and
improve its free cash flow metrics over the next few quarters
through EBITDA growth.

Factors that could lead to an upgrade of Sedgwick's ratings
include: (i) debt-to-EBITDA ratio below 6x, (ii) (EBITDA - capex)
coverage of interest exceeding 2x, and (iii) free-cash-flow-to-debt
ratio exceeding 4%.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA ratio remaining above 7.5x, (ii) (EBITDA - capex)
coverage of interest below 1.2x, or (iii) free-cash-flow-to-debt
ratio remaining below 2%.

Moody's has affirmed the following ratings (and loss given default
(LGD) assessments):

Corporate family rating at B3;

Probability of default rating at B3-PD;

$835 million (including $200 million increase) second-lien term
loans maturing February 2022 at Caa2 (LGD5).

Moody's has downgraded the following ratings:

$125 million (undrawn at close) first-lien revolving credit
facility expiring in February 2019 to B2 (LGD3) from B1 (LGD3);

$2.1 billion (including $735 million increase) first-lien term
loans maturing in February 2021 to B2 (LGD3) from B1 (LGD3).

The rating outlook is stable.

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in September 2017.

Sedgwick is the largest insurance claim service provider in the US
based on 2016 revenues. The company processes claims for a wide
range of insurance product lines including workers' compensation,
general liability and disability. The company generated revenues of
approximately $1.8 billion for the 12 months through September
2017.

Based in Tampa, Florida, Cunningham Lindsey is a leading global
provider of insurance loss adjusting, claims management and other
risk management services to insurance and reinsurance companies,
insurance syndicates, self-insured corporations and government
agencies. The company operates through a global network of about
6,000 staff in over 60 global offices. The company generated
revenue of $714 million for the 12 months through September 2017.


SENIOR OAKS: J. Tucker Named Patient Care Ombudsman
---------------------------------------------------
Henry G. Hobbs, Jr., Acting U.S. Trustee for Region 5 appoints
James Tucker as the Patient Care Ombudsman in the bankruptcy case
of Senior Oaks, LLC.

Mr. Tucker is the Mississippi State Long-Term Care Ombudsman, and
his address is:

             Mississippi Department of Human Services
             Division of Aging and Adult Services
             750 North State Street
             Jackson, Mississippi 39202
             Telephone: (601) 359-4927
             Email: james.tucker@mdhs.ms.gov

The Acting U.S. Trustee of Region 5 is represented by:

             Christopher J. Steiskal, Sr., Esq.
             United States Department of Justice
             Office of the U.S. Trustee, Region 5
             501 East Court Street, Suite 6-430
             Jackson, Mississippi 39201
             Tel: (601) 965-5241
             Fax: (601) 965-5226
             Email: Christopher.j.steiskal@usdoj.gov

                           About Senior Oaks, LLC

Senior Oaks, LLC filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Miss. Case No. 17-52141) on October 30, 2017, estimating
$100,000 to $500,000 in both assets and liabilities. The petition
was signed by its owner, Brenda Lee Chapman.

The Debtor is represented by David L. Lord, Esq., at David L.Lord
and Associates, P.A., in Gulfport, Mississippi.


SENTRIX PHARMACY: Has Until Feb. 14 to Exclusively File Plan
------------------------------------------------------------
The Hon. Raymond B. Ray of the U.S. Bankruptcy Court for the
Southern District of Florida has extended, at the behest of Sentrix
Pharmacy and Discount, LLC, the exclusive period for the Debtor to
file a plan of reorganization through and including Feb. 14, 2018.

The Court also extended the Debtor's exclusive period to solicit
acceptance of the plan through and including April 16, 2018.

As reported by the Troubled Company Reporter on Nov. 9, 2017, the
Debtor sought the extension, saying that it is aggressively
pursuing every issue of its cases in an effort to bring about
resolution of the problems faced going into filing and the
development of a confirmable plan.

            About Sentrix Pharmacy and Discount, LLC

Sentrix Pharmacy and Discount, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Fla. Case No. 17-19073) on July 19, 2017.
The Hon. Raymond B. Ray presides over the case.  Rappaport Osborne
& Rappaport, PLLC represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Spencer
Maklin, its vice president.  The Debtor employed Delle Fave
Tarrasco & Co, CPA, LLP, as accountant.


SPECTRUM HEALTHCARE: Taps Summer Street Advisors as Expert Witness
------------------------------------------------------------------
Spectrum Healthcare, LLC received approval from the U.S. Bankruptcy
Court for the District of Connecticut to hire Summer Street
Advisors as an expert witness.

The firm will testify at the hearing on confirmation of the
proposed Chapter 11 plan of reorganization for Spectrum Healthcare
Manchester LLC, an affiliate of Spectrum Healthcare.

Summer Street will provide testimony in the area of commercial real
estate transactions and the interpretation and definition of terms
in mortgages and other documents related to the plan.  The firm
will charge $500 per hour.

Jack Mullen, managing director of Summer Street, disclosed in a
court filing that he does not represent any interest adverse to the
Debtors, their creditors or their estates.

The firm can be reached through:

     Jack Mullen
     Summer Street Advisors
     15 Ketchum Street, 1st Floor
     Westport, CT 06880
     Phone: 203-293-4844

                    About Spectrum Healthcare

Spectrum Healthcare, LLC, and its affiliates operated four skilled
nursing and residential care facilities in Connecticut.

Spectrum Healthcare LLC and its affiliates previously filed Chapter
11 petitions (Bankr. D. Conn. Lead Case No. 12-22206) on Sept. 10,
2012.  The Company again sought Chapter 11 protection (Bankr. D.
Conn. Case Nos. 16-21635 to 16-21639) on Oct. 6, 2016.  The
petitions were signed by Sean Murphy, chief financial officer.
Judge James J. Tancredi presides over the 2016 cases, which are
jointly administered.

Spectrum Healthcare, LLC, disclosed $282,369 in assets and
estimated less than $1 million in liabilities.  Affiliate Spectrum
Healthcare Derby disclosed $2,068,467 in assets and estimated less
than $10 million in debt.  Spectrum Healthcare Hartford listed
$4,188,568 in assets; Spectrum Healthcare Manchester, $2,729,410;
and Spectrum Healthcare Torrington, $3,321,626.

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.

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 patient care
ombudsman for the Debtors.

On October 21, 2016, an official committee of unsecured creditors
was appointed in the Debtors' cases.  Klestadt Winters Jureller
Southard & Stevens, LLP is the committee's bankruptcy counsel.

On October 25, 2017, the court approved the disclosure statement,
which explains the proposed Chapter 11 plan of reorganization for
Spectrum Healthcare Manchester LLC.


SPINLABEL TECHNOLOGIES: Seeks DIP Financing, Delays Exit Plan
-------------------------------------------------------------
SpinLabel Technologies, Inc., asks the U.S. Bankruptcy Court for
the Southern District of Florida to extend the exclusive periods
for the Debtor to file a plan of reorganization and solicit
acceptance of the plan through and including Feb. 5 and April 6,
2018, respectively.

Absent an extension, the Exclusive Filing Period was slated to
expire Dec. 7, 2017, and the Exclusive Solicitation Period expires
Feb. 5, 2018.

The Debtor's deadline for filing a plan and disclosure statement is
Dec. 7, 2017.  The Debtor further request that the procedures order
deadline be extended to through and including Feb. 5, 2018.

Since the Petition Date, the Debtor has devoted a significant
amount of time to complying with the requirements of operating as a
debtor-in-possession during a Chapter 11 case, pursuing various
business opportunities, and seeking debtor-in-possession
financing.

The Debtor has obtained written letters of intent from certain
potential lenders to provide the Debtor with, at least, $250,000 in
debtor-in-possession financing.  These funds would be used by the
Debtor as working capital to generate revenue, and enable the
Debtor to obtain exit financing.  As a result, the Debtor requires
additional time to finalize the proposed interim DIP Financing and
obtain exit financing, prior to proposing a plan and disclosure
statement.

The Debtor's management has devoted significant time to complying
with the requirements of operating as a debtor-in-possession during
a Chapter 11 case, pursuing various business opportunities, and
seeking debtor-in-possession financing.

The Debtor is generally making required post-petition payments, and
effectively managing its operations and finances.  The Debtor
believes that it is close to obtaining DIP Financing and thus there
are reasonable prospects for filing a viable plan.

The Debtor assures the Court that it is not seeking to use
exclusivity to pressure creditors into accepting a plan they find
unacceptable.  To the contrary, extending exclusivity will allow
the Debtor to obtain DIP Financing, generate revenues and obtain
exit financing without incurring legal fees associated with
preparing a plan and disclosure statement.  The request for
extension is reasonable given the Debtor's progress to date and the
current posture of the case.  The Debtor says it is not seeking an
extension as a delay tactic or to pressure creditors to accede to a
plan that is unsatisfactory to them.  The Petition Date was Aug. 9,
2017.  This is a relatively insignificant period of time given the
contingencies of the instant case.

The Debtor has responded to the operational and administrative
demands for this case.  The Debtor states that it should be
afforded a full and fair opportunity to negotiate, propose and seek
acceptance of a plan.  The Debtor believes that an extension is
warranted and appropriate under the circumstances.  The Debtor
submits that an extension is realistic and necessary, will not
prejudice the legitimate interest of creditors and other parties in
interest and will afford a meaningful opportunity for the Debtor to
pursue a confirmable plan.

               About SpinLabel Technologies, Inc.

SpinLabel Technologies, Inc. -- http://www.spinlabels.com/-- is a
Florida-based company dedicated to building and licensing its
unique labeling technology that builds brand value by engaging
current and prospective customers in the shopping corridor and at
home.

SpinLabel's proprietary, patented label Technology enables a
spinning label (an outer Label over an inner label) to almost
double the valuable messaging space on a container.  SpinLabel is
aligned with top label manufacturers globally to facilitate easy
integration into most types of existing consumer product
packaging.

Based in Miami, Florida, SpinLabel -- which does business as
Spinformation, Inc., as Accudial Pharmaceutical, Inc., and as
Accudial, Inc. -- filed a Chapter 11 petition (Bankr. S.D. Fla.
Case No. 17-20123) on Aug. 9, 2017.  Bradley S. Shraiberg, Esq., at
Shraiberg Landaue & Page PA, serves as the Debtors' bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Alan
Shugarman, its director.


THINK TRADING: Case Summary & Largest Unsecured Creditors
---------------------------------------------------------
Affiliates that filed petitions under Chapter 11 of the Bankruptcy
Code:

       Debtor                                    Case No.
       ------                                    --------
       Think Trading, Inc.                       17-24767
       350 Hiatt Drive
       Palm Beach Gardens, FL 33418

       FunkytownMall.com, Inc.                   17-24768
          dba Monster Steel
          dba 247 Value
          dba Piercing Pros
          dba Body Art Brands
       350 Hiatt Drive
       Palm Beach Gardens, FL 33418

       Salon Supply Store, LLC                   17-24769
       350 Hiatt Drive
       Palm Beach Gardens, FL 33418

Business Description: Think Trading Inc. --
                      https://thinktradinginc.com/ -- is a
                      distribution e-commerce company with
                      multiple online storefronts, marketplace
                      operations and over 14,000 products.  Think
                      Trading Inc. provides wholesale and retail
                      sales of products in various industries.
                      Based in Palm Beach Gardens, Florida, Think
                      Trading Inc. is housed in a 60,000 foot
                      warehouse where all inventory, packaging,
                      and shipping is housed and handled.  The
                      company was founded in 2001 and has over 50
                      employees.

                      Funkytownmall.com, Inc. offers a selection
                      of body jewelry online.

                      Located in Palm Beach Gardens, Florida,
                      Salon Supply Store provides its customers
                      with a variety of salon equipment and beauty
                      supplies ranging from popular nail polish
                      brands to spray tanning machines and salon
                      furniture.  Http://www.salonsupplystore.com/

Chapter 11 Petition Date: December 12, 2017

Court: United States Bankruptcy Court
       Southern District of Florida (West Palm Beach)

Judge: Hon. Erik P. Kimball

Debtors' Counsel: Matthew S Kish, Esq.
                  LUBLINER KISH PLLC
                  1645 Palm Beach Lakes Blvd., Suite 1200
                  West Palm Beach
                  West Palm Beach, FL 33401
                  Tel: 561-207-2018
                  Fax: 561-207-2001
                  E-mail: matt@lubliner-law.com

Assets and Liabilities:

                     Estimated
                      Assets     Estimated Liabilities
                    ----------   ---------------------
Think Trading       $0-$50,000    $500,000- $1 million
FunkytownMall.com   $0-$50,000    $500,000- $1 million
Salon Supply        $0-$50,000  $1 million-$10 million

The petitions were signed by Gustavo Mitchell, president of Think
Trading and FunkytownMall.com.

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

           http://bankrupt.com/misc/flsb17-24767.pdf

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

           http://bankrupt.com/misc/flsb17-24768.pdf

A full-text copy of Salon Supply Store's petition, along with a
list of 18 largest unsecured creditors, is available for free at:

           http://bankrupt.com/misc/flsb17-24769.pdf



THORNTON & THORNTON: Creditor Objects to Plan Outline
-----------------------------------------------------
Creditor Kristy Thornton filed an objection to Thornton & Thornton
Enterprises, Inc.'s disclosure statement and plan of
reorganization.

Kristy Thornton has filed an adversary action against Misty
Thornton and her two companies, Misty Thornton & Associates d/b/a
Childcare Consulting Group and A+ Builders. All three Defendants
have answered the adversary proceeding.

Kristy Thornton objects to the following claimed creditors as there
has been no showing that the services alleged to have been rendered
and the list of dollar amounts were incurred entirely by the Twin
Oaks School, for only School purposes. Misty Thornton has
historically and repeatedly used School funds to pay for her
personal (or her home) goods, services, etc.

The following claims are objected to by Kristy Thornton:

          a. Wells Fargo Bank, N .A.              $59,550.84
          b. Fulfer & Associates                  $10,328.35
          c. Chase Bank, N .A.                    $14,968.74
          d. Walker Law Firm                      $1,662.50
          e. Marshall & Kellow, LLP               $2,092
          f. AT&T Mobility                        $847.47
          g. Bank of America                      $5,184.85
          h. Chase INK                            $8,960.07
          i.  Sunbeam Foods, Inc.                 $4,919.12
          j.  A+ Builders                         $135,350
          k. Misty Thornton & Associates          $6,000
          l. Misty Thornton                       $259,739
          m. The Child Care Consulting Group      $134,860.72
          n. The Child Care Consulting Group      $40,000

A copy of Kristy Thornton's Objection is available at:

     http://bankrupt.com/misc/txeb17-40759-49.pdf

The Troubled Company Reporter previously reported that Upon the
Effective Date, all property of the Debtor and its Estate will vest
in the Debtor, subject to the Allowed Secured Claims in the Plan.
The funds necessary for the satisfaction of the creditors' claims
will be paid from the funds generated by the previously approved
and consummated sale of the principal assets of the Debtor.

Attorney for Kristy Thornton:

     Stephen C. Schoettmer
     State Bar ID No. 17800400
     4305 W. Lovers Lane
     Dallas, Texas 75209
     Telephone:(214) 228-8792
     Facsimile:(2l4) 352-0662
     steve.schoettmer1@gmail.com

                    About Thornton & Thornton

Thornton & Thornton Enterprises, Inc., doing business as, Twin Oaks
Private School, is a small business debtor.  It owns Twin Oaks
Private School in the City of Allen, Collin County, State of Texas,
valued at $712,009.  It also owns a fee simple interest in a
property located at 109 Fountaingate, Allen, Texas, 109
Fountaingate Blk A, Lot 2 with a valuation of $215,360.

Thornton & Thornton Enterprises sought Chapter 11 protection
(Bankr. E.D. Tex. Case No. 17-40759) on April 7, 2017.  Misty
Thornton, president, signed the petition.

The Debtor disclosed assets at $1.22 million and liabilities at
$2.10 million.

The Debtor tapped Gary G. Lyon, Esq., at Bailey and Lyon, Attorneys
at Law, as counsel.


TRINITY INDUSTRIES: Fitch Puts BB+ Notes Rating on Watch Negative
-----------------------------------------------------------------
Fitch Ratings has placed the 'BBB-' Long-Term Issuer Default Rating
(IDR) on Trinity Industries, Inc. (Trinity) on Rating Watch
Negative following the company's announcement that it plans to spin
off its infrastructure-related businesses. Fitch has also placed
the company's senior unsecured notes and revolving credit facility,
which are rated 'BBB-', and its subordinated convertible notes,
which are rated 'BB+', on Rating Watch Negative.  

KEY RATING DRIVERS

Planned Spin-Off: Trinity announced that it plans to spin off its
infrastructure-related businesses, composed of its construction
products, inland barge and energy equipment segments, and which
accounted for around 45% of manufacturing sales in the first nine
months of 2017. Trinity has not disclosed how it will capitalize
the remaining business. However, the spin-off will leave Trinity as
a focused rail manufacturing and leasing business that is smaller,
less diversified and more cyclical than it is. The separation is
expected to be completed in the second half of 2018, and Fitch
expects to resolve the Rating Watch as details surrounding the
spin-off are disclosed and required approvals are received.

Share Repurchase Authorization: Trinity also announced a new $500
million, two-year share repurchase authorization to replace the
previous $250 million authorization. This indicates a more
aggressive share repurchase posture during a period of cyclical
weakness, though the repurchases could be covered by existing
liquidity, which totalled $2.3 billion as of Sept. 30, 2017.

Higher Financial Leverage: Fitch expects debt/EBITDA for the
manufacturing operations will increase from 1.7x at the end of 2016
to the mid-3x range at the end of 2017, on flat debt levels and
lower EBITDA. Following the spin-off, assuming debt levels at
Trinity remain at current levels, and factoring in the loss of
earnings and cash flow from the spun-off businesses, the proposed
transaction would result in a significant increase in leverage at
the manufacturing operations, likely resulting in at least a one
notch downgrade. There also could be some downside to the rating in
a flat leverage scenario given that the remaining business will be
less diverse and more cyclical. Fitch notes that leverage at the
leasing business is relatively low, providing some support to the
rating.

Contingent Liabilities: Trinity faces two contingent liabilities
which are potential draws on its liquidity but are now less likely
to be paid. One is the guardrail judgment discussed below. The
other is a possible put of its $450 million of subordinated
convertible notes on June 1, 2018, together with a related tax
liability, though the notes are unlikely to be put at current
trading levels.

Favorable Guardrail Ruling: An October 2017 ruling by a panel of
the Fifth Circuit overturned a $682.4 million judgment against
Trinity in a case under the federal False Claims Act relating to
the company's ET Plus guardrail end terminal system. This ruling
reduces the likelihood that Trinity will have to pay the judgment,
though the case isn't fully resolved until the appeals process runs
its course. There are also a number of state cases as well as
product liability and class action lawsuits that are stayed pending
resolution of the appellate process.

Cyclical Downturn: The ratings incorporate a high level of
cyclicality in Trinity's manufacturing business, particularly in
the rail and inland barge segments, which could see sales declines
of over 30% and 60%, respectively in 2017 following 30%-plus
declines in 2016. By contrast, the construction products and energy
equipment segments are expected to see single-digit sales declines
in 2017. The spin-off removes these two businesses that, on
balance, have had a moderating effect on Trinity's cyclicality.

LEASING BUSINESS

Substantial Leasing Business: Trinity has a substantial railcar
leasing business that it will retain and that broadens the
company's industry presence and scale and helps to mitigate the
impact of cyclicality at the railcar and other manufacturing
operations. Fitch views TILC as a core part of Trinity's railcar
business, reflecting strong operational and financial linkages
between the two companies. TILC generates railcar orders for
Trinity as it obtains lease commitments from customers, and
provides a relatively stable source of earnings. In addition, TILC
increases Trinity's presence in the railcar market by providing
customers with a single source for purchasing and financing
railcars.

No Formal Support: TILC does not benefit from a formal support
agreement from Trinity, although Fitch believes Trinity would
support TILC because of its important role in its parent's railcar
business. An important rating consideration is Trinity's ability to
maintain a strong balance sheet that reduces risks related to
potential disruptions to TILC's funding sources or an unexpected
decline in the credit quality of TILC's lease portfolio.

Good Leasing Asset Quality: TILC's credit profile is characterized
by its good asset quality, solid liquidity and low leverage. Its
operating performance is driven by core leasing and management
services plus gains from asset sales. TILC performed relatively
well during the previous downturn including low write-offs and the
ability to remarket railcars within the fleet. TILC's leverage
(debt/equity) was 1.8x as of year-end 2016. Under Fitch's criteria
for rating non-financial corporates, Fitch calculates an
appropriate target debt-to-equity ratio for a finance subsidiary
based on asset quality, funding and liquidity. In TILC's case,
Fitch calculated a target leverage ratio of 4x.

DERIVATION SUMMARY

Trinity Industries is a leading railcar manufacturer and lessor,
with smaller businesses in construction products, inland barge and
energy equipment manufacturing. Trinity's key competitors in its
core rail business include The Greenbriar Companies, which is a
manufacturer and a large railcar lessor, and TTX Co. (A-/Stable)
and GATX, which are large railcar lessors. Relative to these
companies, Trinity is the largest railcar manufacturer and a
smaller but significant lessor. No country-ceiling,
parent/subsidiary or operating environment aspects impact the
rating.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within its Rating Case for the Issuer:

-- These assumptions consider Trinity as it is currently
    configured.
-- Revenues decline by around 27% in 2017 as railcar and barge
    demand declines, before stabilizing in 2018 and recovering in
    2019.
-- EBITDA margins narrow by around 500bps in 2017 due to lower
    sales, a mix change to lower-priced rail cars, pricing
    pressures and negative operating leverage.
-- Debt/EBITDA increases from 1.7x at the end of 2016 to around
    3.8x at the end of 2017.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action
-- The Stable Outlook could be restored if the spin-off does not
    occur or, if it does occur, the company significantly reduces
    financial leverage to offset higher business risk.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action
-- The spin-off occurs, resulting in a smaller, less diversified
    and more cyclical business.
-- Mid-cycle manufacturing debt/EBITDA is sustained above 1.0x-
    1.5x and above 3.0x through a downturn.
-- A material increase in leverage at TILC.
-- Large debt-funded acquisitions and/or share repurchases.
-- EBITDA margins for the manufacturing segment of 10% or lower
    on a sustained basis.
-- The need for substantial support for TILC.
-- The company loses the guardrail litigation on appeal,
    resulting in higher debt and leverage.

LIQUIDITY

Trinity had healthy liquidity totalling $2.3 billion as of Sept.
30, 2017. This included $1 billion in cash and marketable
securities as well as a $600 million revolver that had $517 million
available. Out of the company's $1 billion of cash, it needs an
estimated $150 million to $200 million to run its manufacturing
business. The maturity schedule is manageable, with the next major
maturity being the $1 billion warehouse facility at Trinity
Industries Leasing Company, which matures in April 2018. TILC uses
the facility ($833 million was available as of Sept. 30, 2017) and
intercompany loans to fund railcar purchases on an interim basis
until permanent funding is obtained from securitizations or sales
to investment vehicles (RIVs). Trinity does not have a legal
obligation to repay TILC's nonrecourse debt, but Fitch expects the
parent would support TILC if necessary.

Trinity had $3.3 billion of debt as of Sept. 30, 2017, composed of
$850 million of corporate debt and $2.4 billion of debt at TILC
(primarily nonrecourse equipment notes). The corporate debt, which
is the focus of this analysis, is made up of $400 million of senior
notes and $450 million of convertible subordinated notes. Both the
senior notes and the revolver are guaranteed by the following
100%-owned subsidiaries: TILC, Trinity Marine Products, Trinity
North American Freight Car, Inc., Trinity Rail Group, LLC, Trinity
Tank Car, Inc., Trinity Meyer Utility Structures LLC, and Trinity
Structural Towers, Inc. Trinity faces a contingent liability with
respect to its $450 million of convertible subordinated notes due
in 2036, which are puttable on June 1, 2018. Fitch believes Trinity
would have sufficient liquidity between its excess cash and
borrowing facilities to handle this liability, and a related tax
liability, should it be necessary. Trinity could call the notes on
or after June 1, 2018.

FULL LIST OF RATING ACTIONS

Trinity Industries, Inc.

Fitch has placed the following ratings on Rating Watch Negative:

-- Long-term IDR 'BBB-';
-- Senior unsecured revolving credit facility 'BBB-';
-- Senior unsecured notes 'BBB-';
-- Subordinated convertible notes 'BB+'.


TRINITY INDUSTRIES: Moody's Puts Ba1 CFR on Review for Downgrade
----------------------------------------------------------------
Moody's Investors Service placed the ratings of Trinity Industries,
Inc. on review for downgrade, including the Ba1 Corporate Family
Rating, the Ba1 rating of the $400 million senior unsecured notes
due 2024 and the Ba2 rating of the $450 million convertible
subordinated notes due 2036. This action follows the announcement
that Trinity Industries intends to spin-off the company's non-rail
businesses, largely comprising the Construction Products Group, the
Inland Barge Group and the Energy Equipment Group. At this time,
Moody's expects that any potential downgrade of Trinity Industries'
ratings will be limited to one notch. The transaction is expected
to close in the second half of 2018.

RATINGS RATIONALE

Moody's review of the ratings will focus on the earnings and cash
flows of the Rail Group and Railcar Leasing and Management Services
Group that Trinity Industries intends to retain, relative to the
expected capital structure following the spin-off. At this time,
however, Trinity Industries has not disclosed any information with
respect to the planned capital structure for the railcar
manufacturing and leasing businesses that remain with Trinity
Industries following the spin-off. The review of the ratings will
also consider the company's ability and commitment to reduce
financial leverage over time, as leverage is currently elevated
following two consecutive years of severe revenue declines in the
railcar and inland barge manufacturing businesses. Concurrent with
the spin-off announcement, Trinity Industries announced a
considerable increase in its two-year share repurchase
authorization to $500 million, from $250 million previously.

In addition, Moody's will assess the impact of the spin-off on the
stability and predictability of Trinity Industries' earnings and
cash flows. As part of this assessment, Moody's will determine
whether the growth strategy that Trinity Industries intends to
pursue could alter the size of its railcar leasing businesses
relative to the size of its railcar manufacturing operations. The
railcar manufacturing business is susceptible to severe
fluctuations in demand for new railcars and the diversification of
Trinity Industries' current portfolio of businesses, combined with
the contractual revenues in the railcar leasing group, have helped
to mitigate the ensuing pressure on the company's revenues and
earnings. Moody's will also take into account the long-term
prospects for railcar manufacturing in view of the current abundant
availability of railcars in the North American rail industry.

Trinity Industries' liquidity is good (SGL-2). As of September 30,
2017, the company had about $1 billion of cash, $500 million of
availability under its revolving credit facility and more than $800
million of availability under its warehouse loan facility. The
company generates consistently positive free cash flows, calculated
including the proceeds from the sale of leased railcars.
Nevertheless, holders of the $450 million convertible subordinated
notes can require the company to purchase all or a portion of the
notes on June 1, 2018 or upon a fundamental change.

The following ratings were affected:

On Review for Downgrade:

Issuer: Trinity Industries, Inc.

-- Corporate Family Rating, Placed on Review for Downgrade,
    currently Ba1

-- Probability of Default Rating, Placed on Review for Downgrade,

    currently Ba1-PD

-- Senior Unsecured Regular Bond/Debenture, Placed on Review for
    Downgrade, currently Ba1 (LGD3)

-- Subordinate Conv./Exch. Bond/Debenture, Placed on Review for
    Downgrade, currently Ba2 (LGD5)

Outlook Actions:

Issuer: Trinity Industries, Inc.

-- Outlook, Changed To Rating Under Review From Stable

Affirmations:

Issuer: Trinity Industries, Inc.

-- Speculative Grade Liquidity Rating, Affirmed SGL-2

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

Trinity Industries, Inc. manufactures freight and tank cars and
provides leasing, management and other railcar related services. In
addition, the company manufactures inland barges, energy equipment
and highway products, and is a producer of construction aggregates.
Revenues for the last 12 months ended September 30, 2017 were $3.9
billion.


US DATAWORKS: Bankruptcy Court Confirms Reorganization Plan
-----------------------------------------------------------
US Dataworks, Inc. on Dec. 13, 2017, disclosed that its Plan of
Reorganization by means of liquidation that was previously filed
with and confirmed by the U.S. Bankruptcy Court, Southern District
of Texas (case number:17-32765) has become effective as of December
13, 2017.  In accordance with the terms of the Plan, effective as
of December 13, 2017, all outstanding shares of the Company's
common stock are cancelled and will receive no distributions under
the Plan.

Prior to selling substantially all of its assets on July 24, 2017,
US Dataworks was a leading innovator in payment processing
technology.  Its sole business activity since such date has been to
manage the Plan through the bankruptcy court proceedings.  Upon
making the distributions and otherwise completing its obligations
under the Plan, US Dataworks will have no assets, operations or
equity owners.

                       About US Dataworks

Headquartered in Sugar Land, Texas, US Dataworks, Inc. (otc
pinksheets:UDWK) -- http://www.usdataworks.com/-- is a software
and technology provider serving the financial services sector.  Its
board of directors currently consists of two directors -- John
Penrod and Joe Saporito.  Mr. Penrod is also the Debtor's CEO and
president who has been with the company since 2010.  Mr. Saporito
is the CAO for Rackspace Managed Hosting.

US Dataworks filed a Chapter 11 petition (Bankr. S.D. Tex. Case No.
17-32765) on May 1, 2017.  Mr. Penrod signed the petition.  At the
time of filing, the Debtor disclosed $2.67 million in assets and
$3.98 million in liabilities.

No trustee or examiner has been appointed in the case.

The case is assigned to Judge Jeff Bohm.  

Wayne Kitchens, Esq., at Hughes Watters Askanase LLP, represents
the Debtor as bankruptcy counsel.  The Debtor hired Loftis Law Firm
as special corporate, securities and outside general counsel.


VANGUARD HEALTH: Secured Claims Total $470K Under Amended Plan
--------------------------------------------------------------
Vanguard Health & Wellness LLC, filed with the U.S. Bankruptcy
Court for the Northern District of Illinois an amended disclosure
statement which seeks to restructure and reorganize the company by
reducing staff and payroll and repaying and reducing certain debt
in an effort to become a viable concern again.

Secured creditors' recoveries total $470,000 while the total dollar
amount of unsecured claims is $993,015.47.

The secured claim of Lightstar Finances Services, LLC, amounting to
$250,000, is to be paid in accordance with the contract.

The secured claim of Amerifactors Financial Group LLC, amounting to
$220,000, is to be paid in accordance with a settlement agreement
between the parties.

All unsecured claims allowed under section 502 of the Code in
excess of $15,000, other than Rehab Maxx LLC, amounting to
$956,036.40, is to be paid 10 cents on the dollar, in 60 equal
monthly payments, starting on the effective date of the Plan.

The unsecured claim of Rehab Maxx LLC, amounting to $4,000, is to
be offset by the damages awarded by the court to the Debtor, then
20 cents on the dollar on the balance, in 6 equal monthly payments,
starting on the Effective Date of the Plan.

Holders of general unsecured claims of $15,000 or less, other than
Rehab Maxx LL, amounting to $32,979.10, is to be paid 20 cents on
the dollar, in 6 equal monthly payments, starting on the Effective
Date of the Plan.

No payment is to be made on the unsecured claims of co-owners
Michael Zayats and Alexander Green, amounting to $290,259.20,
during the life of the plan (60 months). The holders shall
contribute their knowledge, experience and service to the Debtor in
Possession's reorganization as new value.

There are no allowed claims entitled to priority under section 507
of the Code (except administrative expense claims under section
507(a)(2), ["gap" period claims in an involuntary case under
section 507(a)(3),] and priority tax claims under section
507(a)(8)).

Payments and distributions under the Plan will be funded by the
Debtor's business revenue.

A full-text copy of the Disclosure Statement dated December 3,
2017, is available at:

           http://bankrupt.com/misc/ilnb17-04707-142.pdf

                      About Vanguard Health

Vanguard Health & Wellness LLC based in Des Plaines, IL, filed a
Chapter 11 petition (Bankr. N.D. Ill. Case No. 17-04707) on
February 17, 2017. The Hon. Jacqueline P. Cox presides over the
case. Xiaoming Wu, Esq., at Ledford Wu & Borges, LLC, to serve as
bankruptcy counsel.

In its petition, the Debtor estimated $568,946 in assets and $1.70
million in liabilities. The petition was signed by Michael Zayats,
president.


VERONICA PERSAUD: $410K Sale of Lake Worth Property to Dixie Okayed
-------------------------------------------------------------------
Judge Erik P. Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida authorized Veronica Savitri Persaud's sale of
her property located at 613 S. Dixie Hwy., Lake Worth, Florida,
legally described as Town of Lake Worth Lot 12 Block 205, Palm
Beach County, Florida, to Dixie Capital Partners, LLC for
$410,000.

The total amount owed to U.S. Bank/Nationstar as of Nov. 30, 2017
is $127,705.

The liens of City of Lake Worth recorded on April 5, 2013 at OR
Book 25927, Page 768 and May 18, 2013 at OR Book 26059, Page 1748,
were valued in the Debtor's Chapter 11 bankruptcy.  The Order
Granting Motion to Value and Determine Secured Status of Lien on
Real Property Held by City of Lake Worth was entered on Sept. 10,
2014 allowing a secured claim of $0 to lender.

Veronica Savitri Persaud sought Chapter 11 protection (Bankr. S.D.
Fla. Case No. 14-13268) on Feb. 11, 2014.


W&T OFFSHORE: Franklin No Longer a Shareholder as of Nov. 30
------------------------------------------------------------
Franklin Resources, Inc., Charles B. Johnson and Rupert H. Johnson,
Jr. disclosed in a Schedule 13G/A filed with the Securities and
Exchange Commission that as of Nov. 30, 2017, they no longer
beneficially own shares of common stock of W&T Offshore, Inc.  A
full-text copy of the regulatory filing is available for free at:

                      https://is.gd/eZsVBk

                       About W&T Offshore

Based in Houston, Texas, W&T Offshore, Inc., is an independent oil
and natural gas producer, active in the exploration, development
and acquisition of oil and natural gas properties in the Gulf of
Mexico.  In October 2015, the Company disposed of substantially all
of its onshore oil and natural gas interests with the sale of its
Yellow Rose field in the Permian Basin.  The Company retained an
overriding royalty interest in the Yellow Rose field production.
W&T Offshore, Inc. is a Texas corporation originally organized as a
Nevada corporation in 1988, and successor by merger to W&T Oil
Properties, Inc., a Louisiana corporation organized in 1983.  The
Company's interest in fields, leases, structures and equipment are
primarily owned by the parent company, W&T Offshore, Inc. and its
wholly-owned subsidiary, W & T Energy VI, LLC, a Delaware limited
liability company.

W&T Offshore reported a net loss of $249.0 million for the year
ended Dec. 31, 2016, a net loss of $1.04 billion for the year ended
Dec. 31, 2015, and a net loss of $11.66 million for the year ended
Dec. 31, 2014.  As of Sept. 30, 2017, W&T Offshore had $887.37
million in total assets, $1.48 billion in total liabilities and a
total shareholders' deficit of $597.3 million.

                         *     *     *

As reported by the TCR on April 14, 2017, S&P Global Ratings
affirmed its 'CCC' corporate credit rating on U.S.-based oil and
gas exploration and production (E&P) company W&T Offshore Inc.  The
rating outlook is negative.  "The affirmations follow our review of
W&T's capital structure and credit profile in light of challenging
conditions in the offshore E&P industry," said S&P Global Ratings
credit analyst Kevin Kwok.


WALL ST. RECYCLING: Exclusive Plan Period Extended to February 14
-----------------------------------------------------------------
Judge Alan M. Koshick of the U.S. Bankruptcy Court for the Northern
District of Ohio has extended Wall St. Recycling L.L.C.'s exclusive
periods to file a plan of reorganization through and including Feb.
14, 2018, and to solicit acceptances for the plan through and
including April 15, 2018.

The Troubled Company Reporter has previously reported that the
Debtor requested extension of the Exclusivity Period and
Solicitation Period as it would be essential to allow the Debtor to
proceed with the plan process as contemplated by the U.S.
Bankruptcy Code.  The Debtor and its professionals have spent
significant time producing thousands of pages of documents and
preparing to submit to lengthy examinations by certain key
creditors.

Since virtually day one of this case, the Debtor said it has been
balancing this time consuming process with managing its Chapter 11
case.  This process has moved along as quickly as reasonably
possible. However, the Debtor needed additional time to propose a
plan of reorganization and expects to be in an optimal position to
propose a plan in the near future.

The Debtor believed that an acceptable plan can be developed within
the requested extensions of the Exclusivity Period and Solicitation
Period, but reserve the right to request additional extensions in
the event that unforeseen circumstances arise.  The possibility of
multiple plans -- a potential result if this Motion is not granted
-- would inevitably lead to unnecessary and costly adversarial
confrontations that would likely cause a dramatic increase in the
professional fees burden borne by the Debtor' estate and a
deterioration in asset values.  

At this early stage, if exclusivity were terminated, the Debtor's
customers and employees would face uncertainty, and the Debtor's
efforts to reorganize would be harmed. Exclusivity currently serves
a stabilizing purpose and hurts no one.

Although the Debtor has intended to emerge from Chapter 11 as
quickly as possible, it recognizes that the development and
negotiation of its Plan of reorganization with various creditor
constituencies will require a substantial amount of time, in large
part due the JV Litigation and Member Litigation, as well as the
fact that the Debtor continues to operate its business while it
defends against the pending pieces of litigation and continues
discussions with creditor constituencies to develop and negotiate
the Plan.

                     About Wall St. Recycling

Wall St. Recycling -- http://wallstreetrecycling.com/-- is a buyer
and seller of ferrous and nonferrous scrap metals including copper,
aluminum, brass, stainless, cast, iron and steel.  Founded in 2000
as a small nonferrous yard located in Ravenna, Ohio, it has grown
steadily over the years into a full service recycling company.  Its
facility is open to the public with unloading assistance available
if needed.  John Joseph, Robert Murray and Michael Ambrose each
owns 33.33% of the company.

Wall St. Recycling L.L.C., aka Wall Street Recycling LLC, filed a
Chapter 11 petition (Bankr. N.D. Ohio Case No. 17-51701) on July
19, 2017.  Robert Murphy, member, signed the petition.  The Debtor
estimated assets and liabilities ranging between $1 million and $10
million.  The case is assigned to Judge Alan M. Koschik.  Marc B.
Merklin, Esq., Kate M. Bradley, Esq., and Bridget A. Franklin,
Esq., at Brouse McDowell, LPA, serve as the Debtor's bankruptcy
counsel.


WALLACE RUSH: Taps Paul Schouest as Financial Expert
----------------------------------------------------
Wallace, Rush, Schmidt, Inc. seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to hire a
financial expert.

The Debtor proposes to hire Paul Daryl Schouest to analyze the
feasibility of its Chapter 11 plan of reorganization; analyze all
its financials; and testify in court as an expert witness.  He will
charge an hourly fee of $125 for his services.

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

                About Wallace, Rush, Schmidt Inc.

Wallace, Rush, Schmidt, Inc., doing business as Wallace Resource
Systems of Leachville, LLC, and Wallace Staffing and Labor, LLC, is
a personnel resource company specializing in Natural Disaster
Clean-Up/Recovery and Man-Made disasters which combined with its
many years of experience in disaster clean up and restoration,
supervision and administration expanding customer base.  The
company specializes in job management and labor services for
disaster restoration companies. It serves its clients nationwide
24/7.

Wallace Rush sought Chapter 11 protection (Bankr. E.D. La. Case No.
17-10698) on March 24, 2017.  The petition was signed by Eddie
Schmidt, vice-president.

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

Judge Jerry A. Brown is assigned to the case.

The Debtor tapped Phillip K. Wallace, Esq., at Phillip K. Wallace,
PLC, as its counsel.


WALTER INVESTMENT: Gets Interim OK on $1.9-Bil. Bankruptcy Funding
------------------------------------------------------------------
Alex Wolf of Bankruptcy Law360 reports that Walter Investment
Management Corp. has obtained interim authorization from the
Bankrupty Court to access $1.9 billion in bankruptcy financing to
fund the operations of its affiliates.

As previously reported by The Troubled Company Reporter, Walter
Investment proposed to guarantee up to $1.90 billion in warehouse
financing of its non-debtor affiliates Ditech Financial LLC,
Reverse Mortgage Solutions, Inc., RMS REO CS, LLC, and RMS REO BRC,
LLC, from Credit Suisse First Boston Mortgage Capital LLC, Credit
Suisse AG, Cayman Islands Branch, Barclays Bank PLC, or their
respective affiliates and other permitted assigns, and to use cash
collateral.

                   About Walter Investment

Based in Fort Washington, Pennsylvania and established in 1958,
Walter Investment Management Corp., formerly known as Walter
Investment Management LLC -- http://www.walterinvestment.com/-- is
a diversified mortgage banking firm focused primarily on servicing
and originating residential loans, including reverse loans.  The
company services a wide array of loans across the credit spectrum
for its own portfolio and for GSEs, government agencies,
third-party securitization trusts and other credit owners.  The
company originates and purchases residential loans that it
predominantly sells to GSEs and government entities.

Walter Investment commenced a prepackaged chapter 11 case (Bankr.
S.D.N.Y. Lead Case No. 17-13446) with a plan of reorganization
where the Company commits to reduce its outstanding corporate debt
by approximately $806 million through a combination of cancellation
of debt ($531 million) and principal paydowns ($275 million).

As of Sept. 30, 2017, the Debtor had total assets of $14.97 billion
and total debt of $15.21 billion.

The case is assigned to Hon. James L. Garrity Jr.

Weil, Gotshal & Manges LLP, is the Debtor's counsel, with the
engagement led by Sunny Singh, Esq., Ray C. Schrock, P.C., and
Joseph H. Smolinsky, Esq.  The Debtor's investment banker is
Houlihan Lokey Capital, Inc.  The Debtor's Restructuring Advisor is
Alvarez & Marsal North America, LLC.  The Debtor's claims and
noticing agent is Prime Clerk LLC.


WHITING PETROLEUM: Moody's Rates Proposed $750MM Senior Notes B3
----------------------------------------------------------------
Moody's Investors Service assigned a B3 rating to Whiting Petroleum
Corporation's proposed offering of $750 million senior notes due
2026. The B2 Corporate Family Rating (CFR), B2-PD Probability of
Default Rating (PDR), SGL-2 Speculative Grade Liquidity Rating and
positive outlook are not affected by this action. Whiting intends
to use the net proceeds of the notes issue to redeem its 5.0%
senior notes due March 15, 2019.

"Whiting's B2 CFR and positive outlook reflect the extent to which
the company has reduced its outstanding debt from peak 2014
levels," commented Andrew Brooks, Moody's Vice President. "The
positive outlook is also indicative of Moody's view that Whiting's
strengthened balance sheet has better positioned the company to
reinvest in modest production growth in 2018 and beyond, with
production having bottomed out in 2017's second quarter."

Issuer: Whiting Petroleum Corporation

Assignments:

Issuer: Whiting Petroleum Corporation

-- Gtd Senior Unsecured Notes, Assigned B3 (LGD5)

RATINGS RATIONALE

The B3 rating on Whiting's unsecured notes is one notch below its
B2 CFR, reflecting the subordination of these notes to Whiting's
secured revolving credit facility and the revolver's priority claim
to the company's assets.

Whiting's B2 CFR reflects the significant reduction in debt it has
achieved, consistent with its history of taking steps to support
its credit metrics through periods of commodity price weakness,
including reduced capital spending, asset sales and equity
issuance. However, the impact of debt reduction on Whiting's credit
metrics has been relatively restrained given production declines as
a result of substantially curtailed capital spending. Having
strengthened its balance sheet through debt reduction from peak
year-end 2014 levels, Whiting is in an improved position to
reinvest in modest production growth which has begun to generate
improved credit metrics from 2016's weak levels. Fourth quarter
production guidance of 126,000 barrels of oil equivalent (Boe) per
day is up 12% from second quarter 2017 lows. Whiting generated
retained cash flow (RCF)/debt of 20% at 2017's third quarter
compared with 15% in 2016. Whiting's B2 CFR is also supported by
the scale of the company's reserves and production, a deep drilling
inventory in the core of the Bakken Shale, and a track record of
organically growing its oil-weighted production, positioning the
company for growth in a more supportive commodity price
environment.

Whiting has reduced its balance sheet debt principally by
mandatorily converting outstanding convertible notes into shares of
Whiting common stock. Moreover, through select asset sales Whiting
has generated additional proceeds for debt reduction, most recently
through the September sale of certain non-operated Bakken acreage
for $500 million. The proceeds were used to repay borrowings then
outstanding under the company's revolving credit facility. The
refinancing of 2019's $961 million 5.0% senior notes due March 15
will relieve the overhang of this upcoming debt maturity, although
simply refinancing these notes represents a missed opportunity for
further debt reduction.

The debt reduction achieved to date, along with modestly higher
crude oil prices (using the mid-point of Moody's estimated $40-$60
per barrel range for crude prices) which have been well hedged into
2018, has resulted in improved 2017 cash flow and credit metrics
for Whiting. Despite substantial debt reduction, however, Whiting
continues to have higher financial leverage at $26,250 debt on
production and $10.44 debt on proved developed reserves, although
asset coverage has improved (based on Moody's forward view of PV-10
value relative to Whiting's adjusted debt) to about 1.5x.

Whiting's SGL-2 rating reflects good liquidity, comprised mostly of
it $2.3 billion secured borrowing base revolving credit facility,
under which $200 million was borrowed as of September 30. Whiting
could potentially outspend cash flow by $300-$400 million in 2017,
and through September 30, working capital had absorbed an
additional $160 million of cash, a function of a return to
production growth. Whiting's revolving credit facility is scheduled
to mature in December 2019. The company is subject to semi-annual
borrowing base redeterminations each May 1 and November 1 of each
year. The credit facility is secured by substantially all of
Whiting's oil and gas properties. Moody's expect Whiting to remain
in compliance with its financial covenants through 2018.

The rating outlook is positive, reflecting Moody's view that the
extent of Whiting's debt reduction and available liquidity will
enable the company to reinvest in modest production growth while
exhibiting improving credit metrics through 2018.

Whiting's ratings could be upgraded to the extent the company
restores modest production growth, reversing 2016's production
decline, while achieving a leveraged full-cycle ratio in excess of
1.0x and maintaining RCF/debt over 20%.

Whiting's ratings could be downgraded if EBITDA/interest falls
below 2.5x or RCF/debt drops below 10% on a sustained basis.

The principal methodology used in this rating was Independent
Exploration and Production Industry published in May 2017.

Whiting Petroleum Corporation is an independent exploration and
production company headquartered in Denver, Colorado, over 90% of
whose production in 2016 was derived from the Williston Basin's
Bakken and Three Forks formations.


WHITING PETROLEUM: S&P Rates New $750MM Sr. Unsecured Notes 'BB-'
-----------------------------------------------------------------
S&P Global Ratings said that it assigned its 'BB-' issue-level
rating and '4' recovery rating to Denver-based oil and gas
exploration and production company Whiting Petroleum Corp.'s new
$750 million senior unsecured notes maturing in 2026. S&P said,
"The '4' recovery rating reflects our expectation of average
(30%-50%; rounded estimate: 35%) recovery in the event of a
default. We expect the company to use the $750 million in net
proceeds along with the availability under its credit agreement to
redeem all of its 5% senior unsecured notes due 2019 ($961.4
million outstanding as of Sept. 30, 2017)."

At the same time, the 'BB-'issue-level rating on Whiting's
remaining senior unsecured notes and the '4' recovery rating remain
unchanged. The 'BB+' issue-level rating and '1' recovery rating on
the company's senior secured debt are also unchanged. The '1'
recovery rating indicates very high (90%-100%, rounded estimate:
95%) recovery to creditors in the event of default.

S&P said, "Our 'BB-' corporate credit rating and stable outlook on
Whiting are unchanged. The rating reflects our assessment of the
company's mid-sized reserve base and Rocky Mountain region focus,
relatively high sensitivity to changes in the oil price, and
adequate liquidity."

  RATINGS LIST

  Whiting Petroleum Corp.

  Corporate credit rating         BB-/Stable/--

  New Rating
  Whiting Petroleum Corp.
   Senior Unsecured
    $750 mil nts due 2026         BB-
     Recovery rating              4


WILLOW BEND: January 4 Disclosure Statement Hearing
---------------------------------------------------
Judge Elizabeth W. Magner the U.S. Bankruptcy Court for the Eastern
District of Louisiana will hold a hearing on January 4, 2018 at
10:30 a.m. to consider approving Willow Bend Ventures, LLC's
Chapter 11 Disclosure Statement that was filed on November 20,
2017.

Judge Magner has also fixed December 28, 2017 as the last day for
filing and serving written objections to said Disclosure
Statement.

                  About Willow Bend Ventures LLC

Edgard, Louisiana-based Willow Bend Ventures, LLC sought Chapter 11
protection (Bankr. E.D. La. Case No. 17-11178) on May 9, 2017.  The
Debtor hired Phillip K. Wallace, PLC as its bankruptcy counsel and
Fletcher & Associates, LLC as its accountant. hire Robert S.
Angelico, Cheryl Mollere Kornick, Jeff Birdsong and the
Professional Law Corporation of Liskow & Lewis as special counsel.


WONG POTATOES: Case Summary & 17 Largest Unsecured Creditors
------------------------------------------------------------
Affiliates that filed voluntary petitions under Chapter 11 of the
Bankruptcy Code:

     Debtor                                      Case No.
     ------                                      --------
     Daniel George Chin and Deloris Diane Chin   17-63784
        aka Chin Family Living Trust
        dba Chin Farms
     17817 Cheyne Rd
     Klamath Falls, OR 97603

     Wong Potatoes, Inc.                         17-63785
     17600 Hwy 39
     Klamath Falls, OR 97603

     Chin Family Limited Partnership             17-63786
     17817 Cheyne Rd
     Klamath Falls, OR 97603

Business Description: Wong Potatoes, Inc. --
                      http://www.wongpotatoes.com-- is a family
                      owned company that has been growing,
                      packing, and shipping potatoes since 1930.
                      Based in Klamath Falls, Oregon, Wong
                      Potatoes currently ships its potatoes
                      throughout the United States, Mexico,
                      Canada, and the Pacific Rim countries.
                      Organically, the company raises 16 different
                      varieties of red, yellow, russet, purple,
                      white, and fingerling types of potatoes and
                      some conventional potatoes in red, yellow,
                      and purple types for export and domestic
                      uses.  The company holds certificates issued

                      by the Oregon Department of Agriculture for
                      GAP (Good Agricultural Practices), GHP (Good

                      Handling Practices), and Primus GFS.

Chapter 11 Petition Date: December 12, 2017

Court: United States Bankruptcy Court
       District of Oregon

Judge: Hon. Thomas M Renn

Debtors' Counsel: Jeffrey C. Misley, Esq.
                  SUSSMAN SHANK LLP
                  1000 SW Broadway #1400
                  Portland, OR 97205
                  Tel: (503) 227-1111
                  E-mail: jeffm@sussmanshank.com

                    - and -

                  Thomas W. Stilley, Esq.
                  SUSSMAN SHANK LLP
                  1000 SW Broadway #1400
                  Portland, OR 97205
                  Tel: (503) 227-1111
                  E-mail: tom@sussmanshank.com
                          tstilley@sussmanshank.com
                                                     
                      Estimated Assets       Estimated Liabilities
                      ----------------       ---------------------
Wong Potatoes     $1 million to $10 million   $1 million to $10 million
Chin Family LP    $1 million to $10 million   $1 million to $10 million

The petitions were signed by Daniel George Chin, president.

A full-text copy of Wong Potatoes' petition, along with a list of
17 unsecured creditors, is available for free at:

           http://bankrupt.com/misc/orb17-63785.pdf

Chin Family Limited Partnership stated in the petition that it has
no unsecured creditors. A full-text copy of the petition is
available for free at:

           http://bankrupt.com/misc/orb17-63786.pdf


WOODLAKE PARTNERS: $5K Sale of Remnant Assets to Oak Point Approved
-------------------------------------------------------------------
Judge Lena Mansori James of the U.S. Bankruptcy Court for the
Middle District of North Carolina authorized Woodlake Partners,
LLC's sale of remnant assets to Oak Point Partners, Inc., for
$5,000.

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

The Remnant Assets are sold free and clear of any and all liens,
claims, and encumbrances, with any such liens, claims, and
encumbrances to attach to the sale proceeds.

                    About Woodlake Partners
          
Woodlake Partners, LLC, formerly doing business as Woodlake
Partners, Ltd. Partnership, was incorporated in 2003 and is based
in Mt. Washington, Kentucky.

Woodlake Partners sought Chapter 11 protection (Bankr. M.D.N.C.
Case No. 14-81035) on Sept. 19, 2014.  The Debtor disclosed total
assets at $5.30 million and total liabilities $8.84 million.  Julie
Watson, VP of Woodlake Properties, Inc., manager, signed the
petition.

Judge Lena M. James is assigned to the case.

The Debtor tapped John A. Northen, Esq., and Vicki L. Parrott,
Esq., at Northern Blue, L.L.P., as counsel.

Richard M. Hutson, II, was appointed as the Chief Restructuring
Officer, and in that capacity filed an Amended and Restated Plan of
Liquidation which was confirmed by Order entered March 19, 2015.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Cleos Brazilian Steakhouse, Inc.
   Bankr. N.D. Cal. Case No. 16-31193
      Chapter 11 Petition filed November 29, 2017
         See http://bankrupt.com/misc/canb17-31193.pdf
         represented by: Robert L. Goldstein, Esq.
                         LAW OFFICES OF ROBERT L. GOLDSTEIN
                         E-mail: rgoldstein@taxexit.com

In re Wayne William Cotton and Deretta Sue Cotton
   Bankr. S.D. Fla. Case No. 16-24410
      Chapter 11 Petition filed November 30, 2017
         represented by: Joe M. Grant, Esq.
                         MARSHALL SOCARRAS GRANT, P.L.
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In re Joseph A. Musumeci
   Bankr. D.N.J. Case No. 16-34103
      Chapter 11 Petition filed November 30, 2017
         represented by: David L. Bruck, Esq.
                         GREENBAUM, ROWE, SMITH, ET AL.
                         E-mail: bankruptcy@greenbaumlaw.com

In re East NY Ave II Inc.
   Bankr. E.D.N.Y. Case No. 16-46408
      Chapter 11 Petition filed November 30, 2017
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In re JL Net Bargains, Inc.
   Bankr. E.D.N.Y. Case No. 16-77375
      Chapter 11 Petition filed November 30, 2017
         See http://bankrupt.com/misc/nyeb17-77375.pdf
         represented by: Jonathan S. Pasternak, Esq.
           DELBELLO DONNELLAN WEINGARTEN, WISE & WIEDERKEHR, LLP
                         E-mail: jpasternak@ddw-law.com

In re Michael Dean Levitz
   Bankr. W.D. Wash. Case No. 16-15200
      Chapter 11 Petition filed November 30, 2017
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In re Viken Manjikian
   Bankr. C.D. Cal. Case No. 16-24801
      Chapter 11 Petition filed December 1, 2017
         represented by: Daniel J Weintraub, Esq.
                         WEINTRAUB & SELTH APC
                         Email: dan@wsrlaw.net

In re The Living Centers of Fresno, Inc.
   Bankr. E.D. Cal. Case No. 16-90981
      Chapter 11 Petition filed December 1, 2017
         See http://bankrupt.com/misc/caeb17-90981.pdf
         represented by: David C. Johnston, Esq.

In re Evenflow Plumbing Company
   Bankr. N.D. Cal. Case No. 16-43017
      Chapter 11 Petition filed December 1, 2017
         See http://bankrupt.com/misc/canb17-43017.pdf
         Filed Pro Se

In re FUNCITY AMUSEMENTS LLC
   Bankr. D. Md. Case No. 16-26159
      Chapter 11 Petition filed December 1, 2017
         See http://bankrupt.com/misc/mdb17-26159.pdf
         represented by: Chidiebere Onukwugha, Esq.
                         ONUKWUGHA & ASSOCIATES, LLC
                         E-mail: rsvpco@yahoo.com

In re Platinum Performance, LLC, a New Mexico limited liability
company
   Bankr. D.N.M. Case No. 16-13064
      Chapter 11 Petition filed December 1, 2017
         See http://bankrupt.com/misc/nmb17-13064.pdf
         represented by: William F. Davis, Esq.
                         WILLIAM F. DAVIS & ASSOC., P.C.
                         E-mail: daviswf@nmbankruptcy.com

In re 90-08 184 Place Corp.
   Bankr. E.D.N.Y. Case No. 16-46455
      Chapter 11 Petition filed December 1, 2017
         See http://bankrupt.com/misc/nyeb17-46455.pdf
         Filed Pro Se

In re 2954 Daniel Street Realty Corp
   Bankr. S.D.N.Y. Case No. 16-13451
      Chapter 11 Petition filed December 1, 2017
         See http://bankrupt.com/misc/nysb17-13451.pdf
         represented by: Todd S. Cushner, Esq.
                         GARVEY CUSHNER ASSOCIATES, PLLC
                         E-mail: todd@thegtcfirm.com

In re Coolwater Estates, LLC
   Bankr. N.D. Tex. Case No. 16-34460
      Chapter 11 Petition filed December 1, 2017
         See http://bankrupt.com/misc/txnb17-34460.pdf
         represented by: John Paul Stanford, Esq.
                         QUILLING, SELANDER, LOWNDS, ET AL
                         E-mail: jstanford@qslwm.com

In re 3 G Foods, LLC
   Bankr. N.D. Tex. Case No. 16-34465
      Chapter 11 Petition filed December 1, 2017
         See http://bankrupt.com/misc/txnb17-34465.pdf
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS, P.C.
                         E-mail: eric@ealpc.com

In re Michael James Blake and Janice Lynn Blake
   Bankr. D. Ariz. Case No. 16-14290
      Chapter 11 Petition filed December 1, 2017
         represented by: James F. Kahn, Esq.
                         KAHN & AHART, PLLC
                         E-mail: James.Kahn@azbk.biz

In re Viken Manjikian
   Bankr. C.D. Cal. Case No. 16-24801
      Chapter 11 Petition filed December 1, 2017
         represented by: Daniel J Weintraub, Esq.
                         WEINTRAUB & SELTH APC
                         E-mail: dan@wsrlaw.net

In re Willie Dee Lamb, Sr.
   Bankr. M.D. Ga. Case No. 16-11499
      Chapter 11 Petition filed December 1, 2017
         represented by: Byron W. Wright, III, Esq.
                         BRUNER WRIGHT. P.A.
                         E-mail: twright@brunerwright.com

In re Lance C. Clemons
   Bankr. W.D. Pa. Case No. 16-24864
      Chapter 11 Petition filed December 1, 2017
         represented by: Michael Kaminski, Esq.
                         CALAIARO VALENCIK
                         E-mail: mkaminski@c-vlaw.com

In re Wilfredo Medina Ramirez
   Bankr. D.P.R. Case No. 16-07099
      Chapter 11 Petition filed December 1, 2017
         represented by: Enrique M. Almeida Bernal, Esq.
                         ALMEIDA & DAVILA PSC
                         E-mail: info@almeidadavila.com

In re M. Sylvester Gonzales DDS PA
   Bankr. W.D. Tex. Case No. 16-11499
      Chapter 11 Petition filed December 2, 2017
         See http://bankrupt.com/misc/txwb17-11499.pdf
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS, P.C.
                         E-mail: eric@ealpc.com

In re Modesto Gamino Duran
   Bankr. N.D. Cal. Case No. 16-52926
      Chapter 11 Petition filed December 4, 2017
         represented by: Nancy Weng, Esq.
                         TSAO-WU AND YEE, LLP
                         E-mail: nweng@tsaoyee.com

In re Frederick Joseph Dufek, Jr.
   Bankr. E.D.N.Y. Case No. 16-77448
      Chapter 11 Petition filed December 4, 2017
         Filed Pro Se

In re CCS.Com.USA, Inc.
   Bankr. E.D.N.Y. Case No. 16-77476
      Chapter 11 Petition filed December 4, 2017
         See http://bankrupt.com/misc/nyeb17-77476.pdf
         Filed Pro Se

In re Liklon Group, LLC
   Bankr. E.D. Pa. Case No. 16-18133
      Chapter 11 Petition filed December 4, 2017
         See http://bankrupt.com/misc/paeb17-18133.pdf
         represented by: Alexander Moretsky, Esq.
                         MORETSKY LAW FIRM
                         E-mail: amoretsky@moretskylaw.com

In re Daddario, Inc.
   Bankr. E.D. Pa. Case No. 16-18157
      Chapter 11 Petition filed December 4, 2017
         See http://bankrupt.com/misc/paeb17-18157.pdf
         represented by: Brendan Mcginley, Esq.
                         E-mail: Brendan@heavensentlegal.com

In re Dent Depot, LLC
   Bankr. N.D. Tex. Case No. 16-10311
      Chapter 11 Petition filed December 4, 2017
         See http://bankrupt.com/misc/txnb17-10311.pdf
         represented by: Max Ralph Tarbox, Esq.
                         TARBOX LAW, P.C.
                         E-mail: jessica@tarboxlaw.com

In re Golf Cars of West Texas, LLC
   Bankr. N.D. Tex. Case No. 16-10312
      Chapter 11 Petition filed December 4, 2017
         See http://bankrupt.com/misc/txnb17-10312.pdf
         represented by: Max Ralph Tarbox, Esq.
                         TARBOX LAW, P.C.
                         E-mail: jessica@tarboxlaw.com

In re Last Frontier Realty Corporation
   Bankr. N.D. Tex. Case No. 16-34555
      Chapter 11 Petition filed December 4, 2017
         See http://bankrupt.com/misc/txnb17-34555.pdf
         represented by: Emil Reichstadt, Esq.
                         E-mail: e.reichstadt@gmail.com

In re Crestor Global Investments Delaware, LLC
   Bankr. N.D. Tex Case No. 16-44928
      Chapter 11 Petition filed December 4, 2017
         See http://bankrupt.com/misc/txnb17-44928.pdf
         represented by: Marilyn D. Garner, Esq.
                         LAW OFFICES OF MARILYN D. GARNER
                         E-mail: mgarner@marilyndgarner.net

In re Larry Gene Palmer
   Bankr. E.D. Va. Case No. 16-51668
      Chapter 11 Petition filed December 4, 2017
         Filed Pro Se

In re Abacus Investment Group, Inc.
   Bankr. E.D. Cal. Case No. 17-27936
      Chapter 11 Petition filed December 5, 2017
         See http://bankrupt.com/misc/caeb17-27936.pdf
         represented by: Stanley P. Berman, Esq.

In re John J. Mori
   Bankr. D. Conn. Case No. 17-51469
      Chapter 11 Petition filed December 5, 2017
         represented by: Scott M. Charmoy, Esq.
                         CHARMOY & CHARMOY
                         E-mail: scottcharmoy@charmoy.com

In re Etenat Zegeye
   Bankr. D.D.C. Case No. 17-00679
      Chapter 11 Petition filed December 5, 2017
         represented by: Augustus T. Curtis, Esq.
                         COHEN, BALDINGER & GREENFELD, LLC
                         E-mail: augie.curtis@cohenbaldinger.com

In re Michael G. Munna
   Bankr. E.D. La. Case No. 17-13236
      Chapter 11 Petition filed December 5, 2017
         represented by: Robert L. Marrero, Esq.
                         ROBERT MARRERO, LLC
                         E-mail: marrero1035@bellsouth.net

In re The Islamic Research and Humanitarian Services Center, Inc.
   Bankr. D. Md. Case No. 17-26335
      Chapter 11 Petition filed December 5, 2017
         See http://bankrupt.com/misc/mdb17-26335.pdf
         represented by: Anu Kmt, Esq.
                         KEMET HUNT LAW GROUP INC.
                         E-mail: akemet@kemethuntlaw.com

In re John C. Harb and Elham K. Harb
   Bankr. N.D. Ohio Case No. 17-17150
      Chapter 11 Petition filed December 5, 2017
         represented by: Glenn E. Forbes, Esq.
                         FORBES LAW LLC
                         E-mail: bankruptcy@geflaw.net

In re Linda S. Barbera
   Bankr. E.D. Pa. Case No. 17-18187
      Chapter 11 Petition filed December 5, 2017
         represented by: Michael J. Duffy, Esq.
                         DUFFY LAW, LLC
                         E-mail: mduffy@mduffylaw.com

In re Regina Pugh
   Bankr. E.D. Tenn. Case No. 17-33617
      Chapter 11 Petition filed December 5, 2017
         Filed Pro Se

In re Jaime Nunez
   Bankr. N.D. Tex. Case No. 17-34603
      Chapter 11 Petition filed December 5, 2017
         represented by: Thomas Craig Sheils, Esq.
                         SHEILS WINNUBST P.C.
                         E-mail: craig@sheilswinnubst.com

In re TMTR Holdings, LLC
   Bankr. W.D. Tex. Case No. 17-52797
      Chapter 11 Petition filed December 5, 2017
         See http://bankrupt.com/misc/txwb17-52797.pdf
         represented by: William R. Davis, Jr., Esq.
                         LANGLEY & BANACK, INC
                         E-mail: wrdavis@langleybanack.com

In re Aurora III Reality Group LLC
   Bankr. W.D. Tex. Case No. 17-52800
      Chapter 11 Petition filed December 5, 2017
         See http://bankrupt.com/misc/txwb17-52800.pdf
         represented by: Charles Bondurant, Esq.
                         LAW OFFICE OF CHARLES J. BONDURANT
                         E-mail: cjbcakes1@sbcglobal.net

In re Leonard Owen Mosher
   Bankr. D. Wyo. Case No. 17-20929
      Chapter 11 Petition filed December 5, 2017
         represented by: Ken McCartney, Esq.
                         THE LAW OFFICES OF KEN MCCARTNEY, P.C.
                         E-mail: bnkrpcyrep@aol.com


                            *********

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.

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