TCR_Public/171220.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, December 20, 2017, Vol. 21, No. 353

                            Headlines

47 HOPS LLC: Agreed Cash Collateral Order Entered
4720 E BURNING: Hires Goodman & Goodman as Counsel
9 HOUSTON LLC: $19M Sale of 3-Acre Houston Land to Martin Okayed
A & A OF MARION: Proposes Jan. 31 Auction of Ocala Property
A HELPING HAND TOO: Not Allowed to Use IRS Reissued Funds

ACADIANA MANAGEMENT: Tulsa-AMG Selling Hospital Equipment for $17K
ALLIANCE SECURITY: Has Until January 12 to File Chapter 11 Plan
AMPLIFY SNACK: Moody's Puts B3 CFR Under Review for Upgrade
AMPLIFY SNACK: S&P Puts 'B' CCR on Watch Positive on Hershey Deal
API HEAT: Revolver Maturity Extension Credit Positive, Moody's Says

APOLLO MEDICAL: Co-CEO Hosseinion Stake Cut to 3.6% as of Dec. 8
ATLANTA GROTNES: Intends to File Reorganization Plan by April 26
AVAYA INC: Court Rejects Proposed New Lease in Oklahoma City
BEAULIEU GROUP: Aggregate Value of Bridgeport Looms is $1.7MM
BILL BARRETT: Holders Approve Amendments to Notes Indentures

BIOSTAGE INC: Incurs $3.24 Million Net Loss in Third Quarter
BLACK IRON: Hires Durham Jones as Litigation Counsel
BOSTON HERALD: Hires Morris Nichols as Bankruptcy Co-Counsel
BOYD GAMING: Fitch Affirms B+ IDR on Penn National Acquisition
BRIGHT MOUNTAIN: Says Errors Found in Q3 Financial Statements

BTH QUITMAN: Needs to Obtain $350,000 in DIP Financing From Heetway
CAMBRIDGE REALTY: Hires Richel Commercial as Real Estate Broker
CARL SAYERS: Sets Bidding Procedures for All Danbury Properties
CASTILLO I PARTNERSHIP: Case Summary & 5 Unsecured Creditors
CATHAY BANK: Fitch Raises LT IDR From BB+; Outlook Stable

CENTRAL LAUNDRY: Court Approves Affiliate's Disclosure Statement
CHARMING CHARLIE: Wants Financing From Bank of America & Wilmington
CHEROKEE PHARMACY: Trustee Taps Pharmacy Consulting as Agent
CHICAGO CENTRAL: Seeks to Hire CBRE as Appraiser
CHOICE HOTELS: S&P Affirms 'BB+' CCR on WoodSpring Acquisition

CIT GROUP: S&P Affirms 'BB+/B' Corp. Credit Ratings, Outlook Stable
CITY WIDE INVESTMENTS: Seeks Access to Cash Until Plan Confirmation
CLA PROPERTIES: Voluntary Chapter 11 Case Summary
CLINTON NURSERIES: Case Summary & 20 Largest Unsecured Creditors
COMPLETION INDUSTRIAL: Seeks Appointment of Chapter 11 Trustee

CONGREGATION ACHPRETVIA: May Obtain Up To $3.54-Mil. in Financing
CREEKSIDE HOMES: Has Final Nod to Use Cash Collateral Until Feb. 28
CRYOPORT INC: Signs Indemnification Agreements with 3 Directors
CSP ASSET II: Authorized to Access Cash Collateral Through Jan. 8
CUMULUS MEDIA: Files Plan of Reorganization and Disclosures

DEX SERVICES: Allowed to Use Cash for December 2017 Expenses
DEXTERA SURGICAL: Wants DIP Financing From Aesculap
DOLPHIN ENTERTAINMENT: Amends Prospectus on $6M Units Offering
EAST WEST CAPITAL: Fitch Affirms BB- Trust Pref. Securities Rating
EXPRO HOLDINGS: Voluntary Chapter 11 Case Summary

FIRST HORIZON: Fitch Affirms 'B' Preferred Stock Rating
FIRST NATIONAL-OMAHA: Fitch Ups Subordinated Debt Rating From BB+
FIRSTENERGY SOLUTIONS: Fitch Affirms 'CC' Issuer Default Rating
FISHERMAN'S PIER: DOJ Watchdog Seeks Chapter 11 Trustee Appointment
FLEG EAGLE: Case Summary & 18 Largest Unsecured Creditors

FLOYD E. SQUIRES: Court Amends Memo on Notice of Bid to Use Cash
FM 544 PARK: Hires Goodrich Postnikoff as Counsel
FORTRESS TRANSPORTATION: S&P Affirms B+ Notes Rating AmidAdd-On
GARDEN OF EDEN: Plan Filing Period Extended Through December 26
GAWKER MEDIA: Sale Order Bars Any Claims Against Gizmodo

GREEN CUBE: Hires Gusrae Kaplan as Litigation Counsel
GREENWAY LLC: Taps Pila Law Group as Bankruptcy Counsel
HEART AND VASCULAR: Hires Darnall Sikes as Accountant
HOAG URGENT: PCO Files First Interim Report
IMH FINANCIAL: 29 East MacArthur Has $10M in Assets as of Sept. 30

KANZLER LANDSCAPE: Case Summary & 20 Largest Unsecured Creditors
KID BRANDS: Opposes Bid for Case Conversion to Ch. 7 Proceeding
LAFFITE'S HARBOR: Wants to Obtain Up To $4-Mil. in DIP Financing
LE-MAR HOLDINGS: Hires Tierny Jordan and Colliers as Brokers
M & G USA: Committee Taps Berkeley as Financial Advisor

M & G USA: Committee Taps Cole Schotz as Co-Counsel
M & G USA: Committee Taps Jefferies as Investment Banker
MAMMOET-STARNETH: Hires Henrich of Getzler Henrich as CRO
MAMMOET-STARNETH: Sets Bidding Procedures for Assets
MERRIMACK PHARMACEUTICALS: Revises 2016 Annual Report

MERRIMACK PHARMACEUTICALS: Will Sell Securities Worth $150 Million
METROPOLITAN DIAGNOSTIC: May Access Cash Collateral Until Dec. 20
MIDLAND PROPERTIES: Court OK's Foreclosure of J. Morgan Property
MIDWAY GOLD: Amended Liquidation Plan Declared Effective on Dec. 6
MILFORD REGIONAL: Moody's Cuts Bonds Rating to Ba1; Outlook Stable

MONADNOCK BREWING: Shareholder Seeks Ch. 11 Trustee Appointment
MONTICELLO INSURANCE: Moody's Withdraws B1 IFS Rating
MOUNTAIN BLUE HOTEL: Taps Aaronson Schantz Beiley as Counsel
MRMS PROPERTY: Entitled to Recover Counsel Fees from Withheld Rent
NAVIDEA BIOPHARMACEUTICALS: Recasts 2016 Annual Report

NAVIDEA BIOPHARMACEUTICALS: Will Sell $100M Worth of Securities
NET ELEMENT: Gets $1.35 Million from Stock Offering
NEXTWORTH SOLUTIONS: Foreclosure Sale Set for December 22
NOVABAY PHARMACEUTICALS: Will Sell $12 Million Common Shares
OMINTO INC: Delays Fiscal 2017 Form 10-K Filing

ORWELL TRUMBULL: Seeks to Hire Special Counsel
PREMIER EXHIBITIONS: Withdraws Sales Procedures for Assets
PREMIER PCS OF TX: Seeks Authority to Use Cash Collateral
PROMETHEUS HEALTH: Ch. 11 Petition Filed in Bad Faith
PROVIDENT FINANCING: Fitch Affirms BB+ on 7.4% Jr. Sub. Securities

PUERTO RICO: US Gov't. Issues Statement on PROMESA Status
QUALITY CARE: S&P Lowers CCR to 'CCC', Remains on Watch Negative
QUOTIENT LIMITED: Issues Warrants to Purchase 8.4M Ordinary Shares
RD3J LTD: PlainsCapital Buying Edinburg Propty for $1.9M Credit Bid
REAL INDUSTRY: Latham, Young Conaway Represent Noteholder Group

RENTECH INC: Case Summary & 30 Largest Unsecured Creditors
RENTECH INC: Files Voluntary Chapter 11 Bankruptcy Petition
ROCKY MOUNTAIN: Signs Manufacturing Deal with Mexico's CBD
SEMIRA AHMED HUSSIEN: U.S. Trustee Appoints Patricia Hunter as PCO
SENTRIX PHARMACY: Hires Ver Ploeg as Special Insurance Counsel

STEMTECH INTERNATIONAL: Committee Seeks Chapter 7 Conversion
STERLING CAPITAL: Fitch Affirms BB Trust Pref. Securities Rating
STONE OAK: Payment to Lucas County Upped $632 Per Month
SUNIVA INC: Needs Time to Conclude Trade Case & File Exit Plan
SYNOVUS FINANCIAL: Fitch Affirms 'B' Preferred Stock Rating

THINK FINANCE: Allowed to Use Cash Collateral on Interim Basis
TMTR HOLDINGS: Herrlichs Buying Port Aransas Property for $950K
TRAVIS WALK: Contempt Amount Discharged in Christian Bankr. Action
VAUGHAN COMPANY: Lankfords Bid to Vacate Void Judgments Rejected
VERDUGO ENTERPRISES: Trustee Taps Cunningham as Auctioneer

WALTER INVESTMENT: Court Sets Jan. 12 Combined Plan Hearing
WALTER INVESTMENT: Court Sets Jan. 12 Combined Plan Hearing
WALTOGUY ANFRIANY: Entitled to Attorney's Fees and Costs, Ct. Rules
WESTMOUNTAIN GOLD: Court Extends Plan Filing Deadline to Dec. 26
WINTRUST FINANCIAL: Fitch Hikes Preferred Stock Rating to 'BB-'

WOODBRIDGE GROUP: Taps Garden City as Claims & Noticing Agent
YIELD10 BIOSCIENCE: Amends Prospectus on 586,592 A Units Offering
YOSI SAMRA: Seeks Feb. 19 Exclusive Plan Filing Extension
[*] Michelle Larson Joins Carrington Coleman's Insolvency Practice

                            *********

47 HOPS LLC: Agreed Cash Collateral Order Entered
-------------------------------------------------
Judge Frank L. Kurtz of the U.S. Bankruptcy Court for the Eastern
District of Washington has entered an agreed order authorizing 47
Hops LLC to use cash collateral and spend those amounts contained
in the budget through the date of the final hearing.

The approved Budget provides total expenses of $2,489,777 covering
the months of December 2017 through May 2018.

The agreed order resolves the objection of Columbia State Bank to
the Debtor's use of cash collateral.

The Debtor is required to provide Columbia State Bank, the
Unsecured Creditors' Committee, and the U.S. Trustee, with a report
comparing, on a cumulative and aggregate basis, the Debtor's actual
income and expenses to Budget. In addition, the Debtor will provide
Columbia State Bank with the financials for such month including a
balance sheet, profit & loss statement, A/R & A/P Aging reports and
inventory reports.

On a bi-weekly basis, the Debtor will additionally provide Columbia
State Bank a report detailing specific hops purchases and sales and
deliveries of pre-paid hops held for customers over the prior two
weeks including information on the costs of the hops sold for
purposes of calculating profit margins.

The Debtor must cooperate with Columbia State Bank in: (a)
providing full and reasonable access to information respecting the
Columbia State Bank's Collateral and cash collateral, and the
Debtor's financial conditions, assets and liabilities; (b)
permitting Columbia State Bank to inspect upon reasonable notice
the Columbia State Bank's Collateral and replacement collateral and
the Debtor's books and records; and (c) physically segregating
Columbia State Bank's inventory collateral and any inventory held
for customers that have paid for the inventory in advance, not
later than December 31, 2017.

Columbia State Bank is granted replacement security interests and
perfected liens upon all property acquired by the Debtor after the
Petition Date of the same type, kind, character and description as
the property in which Columbia State Bank held a lien or security
interest on the Petition Date, with the same validity and priority
and to the same extent that it had valid, enforceable liens and
security interests prior to the Petition Date in and to the
following: (a) all proceeds from the disposition of all or any
portion of the Prepetition Collateral, (b) all property of the
Debtor and the Debtor's estate of the same kind, type and nature as
the Prepetition Collateral that is acquired after the Petition
Date, and (c) all proceeds of the foregoing.

The Replacement Liens are and will be in addition to the
prepetition liens evidenced by the Commercial Security Agreement,
and will remain in full force and effect notwithstanding any
subsequent conversion or dismissal of the Debtor's case. The
Replacement Lien granted to Columbia State Bank will have the same
priority position as existed in the Prepetition Collateral prior to
the Petition Date and will be valid and enforceable as of the
Petition Date.

As further adequate protection, the Debtor grants Columbia State
Bank a lien on (a) the Debtor's ’ contracts with brewers for the
sale of hops, (b) the Debtor's pellet mill and line, and (c) the
promissory note owed by Doug MacKinnon to the Debtor. The Debtor
offers an additional lien on the foregoing property only to the
extent of any diminution of the value of Columbia State Bank's
collateral as of the Petition Date.

In addition, the Debtor will make a monthly adequate protection
payment to Columbia State Bank in the amount of $18,750 per month,
with the first payment to be made on or before December 20, 2017,
and continuing so long as the Order is in effect, and, the amount
of the adequate protection payments may be ordered to be increased
by the Court in an amount deemed reasonable and not burdensome to
the Debtor, in the event that, in the Court's opinion, the Debtor's
revenues and cash flow have deviated substantially higher than the
amounts shown on the Budget.

A full-text copy of the Order is available at:

                   http://bankrupt.com/misc/waeb17-02440-192.pdf

Attorney for Columbia State Bank

            Jason Ayres, Esq.
            FARLEIGH WADA WITT
            121 SW Morrison St, Ste 600
            Portland, Or 97204-3136
            E-mail: jayres@fwwlaw.com

Attorney for Wyckoff Farms, Inc.

            Christine M. Tobin-Presser, Esq.
            BUSH KORNFELD LLP
            601 Union St Ste 5000
            Seattle, WA 98101-2373
            E-mail: ctobin@bskd.com

Attorney for The Unsecured Creditors Committee

            John Rizzardi, Esq.
            CAIRNCROSS & HEMPELMANN
            524 Second Avenue, Suite 500
            Seattle, WA 98104-2323
            E-mail: jrizzardi@cairncross.com

                       About 47 Hops LLC

Based in Yakima, Washington, 47 Hops LLC -- https://47hops.com/ --
sells aroma and alpha hops to breweries in 38 countries around the
world.

47 Hops LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Wash. Case No. 17-02440) on Aug. 11, 2017.
Douglas MacKinnon, its president, signed the petition. At the time
of the filing, the Debtor disclosed $4.3 million in assets and
$7.45 million in liabilities.

Judge Frank L. Kurtz presides over the case.

Catherine J Reny, Esq., and Nathan T. Riordan, Esq., at Wenokur
Riordan PLLC, serve as the Debtor's bankruptcy counsel.

The official committee of unsecured creditors tapped Cairncross &
Hempelmann, P.S., as counsel.

Marcia A. Frey, the examiner of 47 Hops LLC, hired Hillis Clark
Martin & Peterson P.S., as counsel.


4720 E BURNING: Hires Goodman & Goodman as Counsel
--------------------------------------------------
4720 E Burning Tree LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Arizona to employ Goodman & Goodman, PLC,
as counsel to the Debtor.

4720 E Burning requires Goodman & Goodman to:

   -- provide legal services that will enable the Debtor to
      propose and confirm a plan of reorganization;

   -- negotiate with creditors, deal with claims, dispute claims;
      and

   -- prepare and negotiate the Debtor's plan of reorganization
      and related matters.

Goodman & Goodman will be paid based upon its normal and usual
hourly billing rates. On October 22, 2017, Goodman & Goodman
received from the Debtor a $7,000 retainer, which was used to pay
pre-petition fees and the cost of the filing fee. The firm will
also be reimbursed for reasonable out-of-pocket expenses incurred.

Bryan W. Goodman, partner of Goodman & Goodman, PLC, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Goodman & Goodman can be reached at:

     Bryan W. Goodman, Esq.
     GOODMAN & GOODMAN, PLC
     7473 E. Tanque Verde Rd.,
     Tucson, AZ 85715
     Tel: (520) 886-5631
     E-mail: bwg@goodmanadvisor.com

              About 4720 E Burning Tree LLC

4720 E Burning Tree LLC, filed a Chapter 11 bankruptcy petition
(Bankr. D. Ariz. Case No. 17-12722) on October 25, 2017, disclosing
under $1 million in both assets and liabilities. The Debtor is
represented by Bryan W. Goodman, Esq., at Goodman & Goodman, PLC.


9 HOUSTON LLC: $19M Sale of 3-Acre Houston Land to Martin Okayed
----------------------------------------------------------------
Judge Jeff Bohm of the U.S. Bankruptcy Court for the Southern
District of Texas authorized 9 Houston, LLC's sale of 3.378 acres
of land located in Houston, Harris County, Texas to Martin Fein
Interests, Ltd., for $19,865,000 or $135 per square foot.

A hearing on the Motion was held on Dec. 7, 2017, at 10:00 a.m.

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

The second to last sentence of Section 5.1 of the Purchase
Agreement is amended to read as follows: "Notwithstanding anything
to the contrary provided herein, the Closing Date will in no event
extend beyond one hundred eighty (180) days after entry of the
Final Sale Order."

The Debtor i s authorized to pay at Closing (i) the Broker's 2%
commission; (ii) the secured lien of CC3 Post Oak Park Holdings,
LLC (or its assigns); (iii) any unpaid ad valorem taxes assessed on
the Property; and (iv) any Closing costs and related charges
necessary to close the sale of the Property.

Notwithstanding anything to the contrary in the Order, the secured
ad valorem tax claims owed by the Debtor for tax year 2017 and
prior pertaining to the Property will attach to the sales proceeds
and that the closing agent will pay all ad valorem tax debt owed
incident to the Property immediately upon Closing and prior to any
disbursement of proceeds to any other person or entity.  The Tax
Claims for 2017 and prior will continue to accrue interest at the
rate of 1% per month until such time as the taxes for tax year 2017
and prior are paid in full.

The Order will be effective immediately upon entry.  No automatic
stay of execution, pursuant to Rule 62(a) of the Federal Rules of
Civil Procedure or Bankruptcy Rules 6004(h) applies with respect to
the Order.

                      About 9 Houston LLC

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

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

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

Judge Jeff Bohm presides over the case.

Jarrod Martin, Esq., at Nathan Sommers Jacobs, in Houston, Texas,
serves as counsel to the Debtor.  

The Debtor tapped Jones Lang LaSalle Brokerage, Inc., as the real
estate brokerage firm and the firm's Simmi Jaggi as the listing
agent.


A & A OF MARION: Proposes Jan. 31 Auction of Ocala Property
-----------------------------------------------------------
A & A of Marion County, L.L.C., and its debtor-affiliates ask the
U.S. Bankruptcy Court for the Middle District of Florida to
authorize the sale of the real property located at 7360 SW Hwy 200,
Ocala, Florida via auction to be conducted by Soldnow, LLC, doing
business as Tranzon Driggers, on Jan. 31, 2018.

The Debtor's sole asset consists of the Real Property.  On Dec. 1,
2017, the Court entered an Order on Motion to Dismiss Case as Bad
Faith Filing, Retention of New Broker, and Authorizing Sale of
Property, which authorized the sale of the Real Property.

The Internal Revenue Service filed amended proof of claim #1 in the
amount of $0.  Marion County Tax Collector filed proof of claim #2
in the amount of $10,342.  The claim of the Marion County Tax
Collector will be paid in full through the auction of the Real
Property.

Tranzon will be compensated from the proceeds as outlined in the
Application to Employ Auctioneer and the Auctioneer Order.  

The Debtor asks that any administrative expenses incurred as a
result of the auction, including attorney fees and United States
Trustee quarterly fees, be paid from the proceeds of the auction.

As a result of the auction, the Debtor anticipates total
disbursements resulting in a United States Trustee quarterly fee of
$4,875 (fee resulting from total quarterly disbursements between
$300,000 and $999,999) for 1st quarter 2017.  Although the 1st
quarter 2017 fee will not become due until April 2017, it asks that
any order approving the sale provide for payment of the U.S.
Trustee fees from the sale proceeds.

The Debtor's attorney fees are estimated at $8,000 total between
the case and the affiliated case.  The remaining net proceeds,
after paying any and all necessary costs of the auction and sale,
will be distributed to 1st Manatee Bank.  1st Manatee Bank filed
proof of claim 3 in the amount of $4,746,575.

However, to the extent the sale proceeds in the case and the sale
proceeds in the affiliated case of G & S of Marion County, L.L.C.
combined exceeds $773,577, any excess funds will be placed in
escrow and deposited in the trust account of the Law Offices of
Mickler & Mickler, LLP.  The excess funds will remain subject to
the lien of the Bank, and be dealt with in the Chapter 11 Plan of
Clinical PET of Ocala, LLC, Case no. 3:16-bk-4646-JAF.

The Debtor avers that the Proposed Sale is in its best interest,
its creditors and the bankruptcy estate.

The Creditor:

          1ST MANATEE BANK
          c/o Michael C. Markham, Esq.
          Johnson Pope Bokor Ruppel & Burns
          401 E. Jackson Street, Suite 3100
          Tampa, FL 33602-5228

                  About A & A of Marion County

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

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

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

Judge Jerry A. Funk presides over the case.

The Law Offices of Mickler & Mickler serves as counsel to the
Debtor.

On Dec. 1, 2017, the Court appointed Soldnow, LLC, doing business
as Tranzon Driggers, as auctioneer.


A HELPING HAND TOO: Not Allowed to Use IRS Reissued Funds
---------------------------------------------------------
Judge Jeffrey P. Norman of the U.S. Bankruptcy Court for the
Western District of Louisiana has entered an order denying the
Motion to Use Cash Collateral filed by A Helping Hand Too, LLC.

As reported by the Troubled Company Reporter on Nov. 29, 2017, the
Debtor sought the Court's permission to use levied receivables that
were returned to the business by the Internal Revenue Service to
pay its employees, which would have been done if they had not been
levied.

The Debtor said that its receivables which were to be used for
payroll were levied on Sept. 14, 2017, shortly after it filed for
bankruptcy on Sept. 12, 2017; and the Department of Health &
Hospitals (DHH) mailed the funds to the Internal Revenue Service.
On the same date, the IRS mailed a Release of Levy to the
Department of Health & Hospitals. Once the checks from DHH were
received by the Monroe IRS office, the checks were sent back to DHH
Financial Management.  The levied checks were eventually reissued
to A Helping Hand Too, LLC, and mailed to their office.

                    About A Helping Hand Too

A Helping Hand Too, LLC, previously filed a Chapter 11 bankruptcy
petition (Bankr. W.D.La. Case No. 16-31376) on Sept. 10, 2016.

A Helping Hand Too, LLC, recently filed a Chapter 11 bankruptcy
petition (Bankr. W.D. La. Case No. 17-31512) on Sept. 12, 2017.
The petition was signed by Cynthia Welch, co-owner.  At the time of
filing, the Debtor estimated $50,000 in estimated assets and
$100,000 to $500,000 in liabilities.  J. Garland Smith, Esq., at J.
Garland Smith & Associates serves as bankruptcy counsel.


ACADIANA MANAGEMENT: Tulsa-AMG Selling Hospital Equipment for $17K
------------------------------------------------------------------
Acadiana Management Group, LLC, and affiliates ask the U.S.
Bankruptcy Court for the Western District of Louisiana to authorize
the sale of Tulsa-AMG Specialty Hospital, LLC's hospital equipment
to certain employees and professional entities for $17,375.

On Nov. 22, 2017, Tulsa-AMG, filed a motion for general authority
to close the Tulsa facility.  Tulsa-AMG owns various hospital
equipment previously used at that facility, which it now wishes to
sell to certain employees and professional entities for a total
sale price of $17,375.

BOKF, NA, doing business as Bank of Oklahoma, Eastman National
Bank, NBC Oklahoma and Trustmark National Bank, holds a security
interest in all of Tulsa-AMG's assets.  The Debtor plans to deposit
all proceeds of the equipment sale into the Tulsa-AMG segregated
account.

The Tulsa-AMG respectfully asks that the matter be set for an
expedited hearing on Dec. 19, 2017 at 10 a.m. as the Motion is
critical to its operations.  A failure to hear the Motion on an
expedited basis may cause irreparable harm to its business.  A
prompt hearing on the Motion is necessary to mitigate further loss
to the Debtor and the estate.

A copy of the list of hospital equipment to be sold attached to
the Motion is available at:

     http://bankrupt.com/misc/Acadiana_Management_555_Sales.pdf

                    About Acadiana Management

Acadiana Management and several affiliates sought Chapter 11
bankruptcy protection (Bankr. W.D. La. Lead Case No. 17-50799) on
June 23, 2017.  The petitions were signed by August J. Rantz, IV,
president.  Acadiana Management estimated assets of less than
$50,000 and debt at $50 million and $100 million.

Judge Robert Summerhays presides over the cases.  

Gold, Weems, Bruser, Sues & Rundell, serves as the Debtors'
bankruptcy counsel.

On July 28, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.

Susan Goodman was appointed as patient care ombudsman.

The Debtors' Chapter 11 cases have been consolidated for procedural
purposes only and are being jointly administered.

An official committee of unsecured creditors has been appointed in
the Chapter 11 cases.  No trustee or examiner has been requested or
appointed in the Chapter 11 cases.


ALLIANCE SECURITY: Has Until January 12 to File Chapter 11 Plan
---------------------------------------------------------------
The Hon. Diane Finkle of the U.S. Bankruptcy Court for the District
of Rhode Island, upon the request of Alliance Security, Inc., has
extended the Exclusive Filing Period and the Exclusive Solicitation
Period up to and including January 12, 2018.

The Troubled Company Reporter has previously reported that the
Debtor asked the Court to extend by 120 days the period of time
during which the Debtor will have the exclusive right to file a
plan of reorganization and solicit acceptances for such a plan to
and including January 12 and March 13, 2018, respectively.

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

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

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

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

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

      (e) obtaining new bankruptcy counsel; and

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

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

                    About Alliance Security, Inc.

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

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

William K. Harrington, U.S. Trustee for the District of Rhode
Island, on July 27, 2017, appointed three creditors to serve on the
official committee of unsecured creditors in the Chapter 11 case of
Alliance Security, Inc.  The Committee hired Robinson & Cole LLP,
as counsel.


AMPLIFY SNACK: Moody's Puts B3 CFR Under Review for Upgrade
-----------------------------------------------------------
Moody's Investors Service placed the ratings of Amplify Snack
Brands, Inc., under review for upgrade. This follows the
announcement that Amplify has entered into an agreement to be
acquired by Hershey Company, (The) (A1 / RUR down) in a transaction
valued at $1.6 billion.

The review will focus on the credit profile and capital structure
of the company post-closing. Amplify will benefit from ownership by
a company with a much stronger credit profile than its own. If
Amplify's debt is repaid and cancelled, Moody's will withdraw the
ratings at that time. Amplify and Hershey expect the transaction to
close in the first quarter of 2018.

Ratings on review for upgrade:

B3 Corporate Family Rating;

B3-PD Probability of Default Rating;

$50 million Senior Secured Revolver expiring 2021 rated B3 (LGD
3);

$594 million Senior Secured Term Loan maturity 2023 rated B3 (LGD
3)

Rating affirmed:

Speculative Grade Liquidity Rating at SGL-2

RATINGS RATIONALE

Amplify's B3 Corporate Family Rating reflects its very high
financial leverage with debt/EBITDA over 7 times, modest scale, and
the majority of its revenue derived from one branded product. The
rating also reflects the company's good operating margins, a good
liquidity profile, and the strong market position of its SkinnyPop
brand within the narrowly defined but growing "better-for-you"
ready-to-eat popcorn category.

Amplify Snack Brands, Inc., based in Austin Texas, sells snack
foods to consumers primarily in the North American and European
markets. Offerings include ready-to-eat popcorn under its Skinnypop
brand, protein bars under its Oatmega brand, and several varieties
of chips under the Paqui, Tyrrells, Lisa's, and Yarra Valley
brands. Revenues approximated $375 million.

The principal methodology used in these ratings was Global Packaged
Goods published in January 2017.


AMPLIFY SNACK: S&P Puts 'B' CCR on Watch Positive on Hershey Deal
-----------------------------------------------------------------
S&P Global Ratings placed all its ratings, including the 'B'
corporate credit rating, on Austin, Texas-based Amplify Snack
Brands Inc. on CreditWatch with positive implications.

As of Sept. 30, 2017, Amplify had about $590.5 million in funded
debt outstanding.

The CreditWatch placement follows Hershey's announcement that it
will purchase Amplify for roughly $1.6 billion. S&P said, "We
believe Amplify could benefit from support from higher-rated
Hershey, which has a considerably stronger credit profile.
Therefore, we believe the transaction would enhance Amplify's
credit quality on a consolidated basis. We would likely withdraw
the ratings on Amplify following the close of the transaction and
the repayment of the company's debt."

S&P said, "Upon availability of transaction details, we will review
our ratings on Amplify for upgrade and potential withdrawal. The
magnitude of any ratings uplift would depend on a number of
factors, including the pro forma capital structure and operating
plans, and our assessment of the strategic importance and
commitment of the parent to the subsidiary. If all Amplify debt is
repaid or guaranteed, we could withdraw the ratings.

"Alternatively, if the proposed transaction does not close, we
would likely affirm our ratings on Amplify and remove them from
CreditWatch."


API HEAT: Revolver Maturity Extension Credit Positive, Moody's Says
-------------------------------------------------------------------
Moody's said that the extension of API Heat Transfer ThermaSys
Corporation's first lien revolver maturity to May 2019 from May
2018 is a credit positive development in the near term, but does
not impact the company's ratings, including its Caa2 Corporate
Family Rating and Caa2-PD Probability of Default Rating. The
outlook remains negative, reflecting the company's ongoing weak
liquidity profile given the still near-term maturity of its first
lien facilities, including a $237 million term loan within sixteen
months, and deemed high refinancing risk associated with an
over-leveraged capital structure. API's weak liquidity also
reflects its low free cash flow generation and cash balances of $6
million and $7 million, respectively, as of September 30, 2017.

After significant declines in 2015 and 2016, the company's revenue,
earnings, bookings and backlog have been steadily improving since
April 2017. A demonstrated ability to sustain a positive trajectory
of operating results, along with a successful refinancing and
strengthening of liquidity, would be essential considerations for
any prospective ratings and/or outlook improvement.

API Heat Transfer ThermaSys Corporation, headquartered in Buffalo,
New York, is a designer and manufacturer of industrial heat
exchangers. The company was formed following the combination of two
legacy entities: API Group Holdings, LLC and ThermaSys Group
Holding in April 2012. API offers a broad range of heat transfer
products through its business segments of Compressor & Dryer,
Construction & Specialty Vehicle, Energy, Power & Energy Cooling,
Fluid Power & Distributed Products, Process & Industrial, Sanitary
& Systems, and Thermasys Tubing. The company is majority owned by
private equity sponsor Wellspring Capital Partners. In the last
twelve months ended September 30, 2017, API generated approximately
$294 million in revenues.


APOLLO MEDICAL: Co-CEO Hosseinion Stake Cut to 3.6% as of Dec. 8
----------------------------------------------------------------
Warren Hosseinion, M.D. reported in a Schedule 13D/A filed with the
Securities and Exchange Commission that as of Dec. 8, 2017, he
beneficially owns 1,185,838 shares of common stock of Apollo
Medical Holdings, Inc., constituting 3.6 percent of the shares
outstanding.  Dr. Hosseinion's present principal occupation is
co-chief executive officer and director of Apollo Medical.

On Dec. 8, 2017, Apollo Medical completed a business combination
with Network Medical Management, Inc. pursuant to an Agreement and
Plan of Merger, dated as of Dec. 21, 2016, among the Issuer, Apollo
Acquisition Corp., a wholly owned subsidiary of the Issuer ("Merger
Sub"), NMM and Kenneth Sim, as the NMM shareholders'
representative, whereby Merger Sub merged with and into NMM, with
NMM surviving as a wholly-owned subsidiary of the Issuer.  As a
result of the Merger, Dr. Hosseinion's beneficial ownership was
reduced to approximately 3.6% of the outstanding shares of Common
Stock, based on 33,101,540 shares of Common Stock of the Issuer
outstanding as of the Effective Time.

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

                    https://is.gd/nJwpd7

                    About Apollo Medical

Headquartered in Glendale, California, Apollo Medical Holdings,
Inc., and its affiliated physician groups are patient-centered,
physician-centric integrated population health management company
working to provide coordinated, outcomes-based medical care in a
cost-effective manner.  Led by a management team with over a decade
of experience, ApolloMed -- http://apollomed.net/-- has built a
company and culture that is focused on physicians providing
high-quality medical care, population health management and care
coordination for patients, particularly senior patients and
patients with multiple chronic conditions.

Apollo Medical reported a net loss attributable to the Company of
$8.96 million for the year ended March 31, 2017, compared to a net
loss attributable to the Company of $9.34 million for the year
ended March 31, 2016.  As of Sept. 30, 2017, Apollo Medical had
$41.17 million in total assets, $48.46 million in total liabilities
and a total stockholders' deficit of $7.29 million.

BDO USA, LLP, in Los Angeles, California, expressed substantial
doubt about the Company's ability to continue as a going concern in
its report on the consolidated financial statements for the year
ended March 31, 2017.  The auditors said the Company has suffered
recurring losses from operations and has generated negative cash
flows from operations since inception, resulting in an accumulated
deficit of $37.7 million as of March 31, 2017.


ATLANTA GROTNES: Intends to File Reorganization Plan by April 26
----------------------------------------------------------------
Atlanta Grotnes Machine Company requests the U.S. Bankruptcy Court
for the Northern District of Georgia to extend its exclusive period
for filing a plan by 120 days, through and including April 26,
2018.

Absent any extensions, the exclusive period will expire on December
27, 2017.

The Debtor tells the Court that since the commencement of the case,
it has worked diligently to maintain continuity in the everyday
operation of its business, while simultaneously working to preserve
and build the value of its assets. The Debtor has retained a broker
to market and sell real property, the proceeds of which the Debtor
intends to use to fund obligations under a Chapter 11 plan.

Based on its post-petition progress to date, the Debtor anticipates
that it will be able to confirm a plan within a reasonable period
of time.  Under the circumstances, the Debtor claims that cause
exists to extend the exclusive period to file a plan through and
including April 26, 2018.

               About Atlanta Grotnes Machine Co.

Atlanta Grotnes Machine Company, a company based in Atlanta,
Georgia, is engaged in the metalworking machinery manufacturing
industry.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ga. Case No. 17-61383) on June 30, 2017.  The
petition was signed by Alan Grotnes, vice-president of operations.

As of June 29, 2017, the Debtor had $1.21 million in total assets
and $2.23 million in total liabilities.

Scroggins & Williamson, P.C. represents the Debtor as counsel.
Reliant Real Estate Partners, LLC serves as the Debtor’s real
estate broker.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Atlanta Grotnes Machine Company
as of August 2, according to a court docket.


AVAYA INC: Court Rejects Proposed New Lease in Oklahoma City
------------------------------------------------------------
Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York entered an order denying Avaya, Inc.
and affiliates' applications for the Court to approve their New
Lease in Oklahoma City and to seal certain information in the New
Lease.

The debtors sought authority to terminate their current Oklahoma
City lease and to enter into a new lease at the same premises for
approximately one-third of the amount of space rented under the Old
Lease. The debtors also sought to seal certain information in the
New Lease, although they have delivered only a redacted copy of
their application and the New Lease to chambers. The justification
for sealing the information is contained in one conclusory
sentence: "Disclosing the Confidential Terms could jeopardize the
Debtors' ability to obtain, and the Landlord’s ability to
negotiate more favorable terms with other potential tenants."

The Court finds that the Debtors have failed to sustain their
burden of proving that the disclosure of the concealed information
will impair the landlord's negotiating leverage or place it at a
disadvantage with its competitors. The debtors are bargaining for a
specific area in the premises and have not shown that the deal they
struck will affect the deals the landlord may reach or attempt to
reach for different space in the same premises.

A copy of the Court's Dec. 12, 2017 Order is available at:

     http://bankrupt.com/misc/nysb17-10089-1651.pdf

                        About Avaya Inc.

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

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

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

Judge Stuart M. Bernstein presides over the cases.

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

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

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

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


BEAULIEU GROUP: Aggregate Value of Bridgeport Looms is $1.7MM
-------------------------------------------------------------
Bankruptcy Judge Mary Grace Diehl addressed Debtors Beaulieu Group,
LLC and affiliates' motion to enforce order authorizing the Debtors
to assume executory contract as modified by agreement of the
parties filed on Oct. 13, 2017. Aladdin Manufacturing of Alabama,
LLC and Mohawk Industries, Inc. filed a response in opposition to
the Debtors' motion on Oct. 25, 2017.

At issue in the Motion is the "reasonable value" 85 Sulzer Model
P7100 looms and the associated take up and beams from the Debtors'
facility in Bridgeport, Alabama that the Debtors had transferred to
Mohawk in partial satisfaction of the cure costs for assuming an
executory contract between the Debtors and Mohawk. Pursuant to the
Assumption Order, if the Debtors found a purchaser for all the
assets of the Debtors, and that purchaser wanted to also purchase
the Bridgeport Looms, then Mohawk and the Debtors will negotiate in
good faith in an effort to reach agreement on (a) other equipment
of the Debtors of roughly equal value which could be transferred to
Mohawk as an acceptable substitute for the Beaulieu Bridgeport
Looms or (b) a mutually agreeable amount representing the
reasonable value of the Beaulieu Bridgeport Looms which could be
paid to Mohawk by the Debtors as consideration for the Debtors
retaining the Beaulieu Bridgeport Looms[.]

The Debtors sought direction from the Court that a payment of
$510,000 satisfied Debtors' obligation under the Assumption Order.
Mohawk asserts that the Debtors' obligation would be satisfied by a
payment of $2,337,500.

After review of the Motion, related pleadings, and evidence, the
Court found that the term "reasonable value" as used in the
Assumption Order by Mohawk reflected the value attributed to the
Bridgeport Looms by Mohawk in connection with its decision to
consider the cure amount referenced in the Assumption Order
satisfied. The parties did not use the terms "fair market value";
"fair value"; or "liquidation value" and the evidence tendered as
to those values cannot reflect the intent of the parties. The
Assumption Order speaks of "roughly equivalent value" when
referring to the substitution of equipment in lieu of the
Bridgeport Looms and therefore the Court believes that the value
assessment made by Mohawk and entered on its books and records to
be the amount contemplated by the parties when agreeing to the
terms of the Assumption Order. That amount, as testified to by
Joseph H. Faircloth and shown in Debtors' Exhibit 4, was $20,000
for each of the Bridgeport Looms.

Thus, the Court orders that the reasonable value of each Bridgeport
Loom is $20,000, and therefore the aggregate value of the
Bridgeport Looms is $1,700,000. The Court further orders that the
funds for the $1,700,000 payment to Mohawk will be deducted from
the Escrow Account held by the Debtors' counsel, as is set forth in
the Prior Order. This payment will be separate and apart from the
Debtors' authorized use of cash collateral.

The bankruptcy case is in re: BEAULIEU GROUP, LLC, et al., Chapter
11, Debtor, Case No. Jointly Administered Under 17-41677-MGD
(Bankr. N.D. Ga.).

A full-text copy of the Court's Order dated Dec. 8, 2017 is
available at https://is.gd/laeR1Z from Leagle.com.

Beaulieu Group, LLC, Debtor, represented by J. Hayden Kepner, Jr.,
Scroggins & Williamson, P.C., Matthew W. Levin, Scroggins &
Williamson, P.C., Ashley Reynolds Ray, Scroggins & Williamson, P.C.
& J. Robert Williamson, Scroggins & Williamson, P.C.

Guy G. Gebhardt, U.S. Trustee, represented by Martin P. Ochs,
Office of the U. S. Trustee.

Official Committee of Unsecured Creditors c/o Thompson Hine LLP,
Creditor Committee, represented by John F. Isbell , Thompson Hine
LLP -- John.Isbell@ThompsonHine.com -- Paul J. Labov --
plabov@foxrothschild.com -- Fox Rothschild, LLP, Jason C. Manfrey
-- jmanfrey@foxrothschild.com -- Fox Rothschild, LLP, Michael G.
Menkowitz -- mmenkowitz@foxrothschild.com -- Fox Rothschild, LLP &
Garrett A. Nail -- Garrett.Nail@ThompsonHine.com -- Thompson Hine,
LLP.

                   About Beaulieu Group

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

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

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

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


BILL BARRETT: Holders Approve Amendments to Notes Indentures
------------------------------------------------------------
On Dec. 4, 2017, Bill Barrett Corporation entered into an Agreement
and Plan of Merger with Fifth Creek Operating Company, LLC, Red
Rider Holdco, Inc., a wholly owned subsidiary of the Company ("New
Parent"), Rio Merger Sub, LLC, a direct wholly owned subsidiary of
New Parent, Rider Merger Sub, Inc., a direct wholly owned
subsidiary of New Parent ("Parent Merger Sub"), and, for limited
purposes set forth in the Merger Agreement, Fifth Creek Energy
Company, LLC and NGP Natural Resources XI, L.P.  Pursuant to the
terms of the Merger Agreement, at the closing of the mergers
contemplated by the Merger Agreement (a) Parent Merger Sub will be
merged with and into the Company, with the Company surviving the
Merger, and (b) Rio Grande Merger Sub will be merged with and into
Fifth Creek, with Fifth Creek surviving the Merger, as a result of
which the Company and Fifth Creek will each become direct wholly
owned subsidiaries of New Parent.

In connection with the execution of the Merger Agreement and as
previously disclosed, on or around Dec. 5, 2017, the Company
launched consent solicitations pursuant to which it sought consents
from holders of its 7.00% Senior Notes due 2022 and holders of the
Company's 8.75% Senior Notes due 2025 to amend each of the
indentures governing the Senior Notes to, among other things, amend
the defined term "Change of Control" in each of the indentures to
provide that the Merger will not constitute a "Change of Control"
under the indentures.

On Dec. 13, 2017, the amendments with respect to both series of
Senior Notes were approved by a majority of the holders of the
then-outstanding aggregate principal amount of Senior Notes
governed by the applicable indenture, and, upon receipt of such
consents, the Company entered into the Supplemental Indenture to
the Fourth Supplemental Indenture, dated as of March 12, 2012, by
and among the Company, the subsidiary guarantors of the Company
named therein, and Deutsche Bank Trust Company Americas, as
trustee, relating to the 7.00% Senior Notes due 2022, and the First
Supplemental Indenture to the Indenture, dated as of April 28,
2017, by and among the Company, the subsidiary guarantors of the
Company named therein, and Deutsche Bank Trust Company Americas, as
Trustee, relating to the 8.75% Senior Notes due 2025.

The Company paid a consent fee equal to $2.50 per $1,000 principal
amount of Senior Notes for consents validly delivered and not
validly revoked upon the execution and effectiveness of each
Supplemental Indenture giving effect to the amendments.  The
aggregate amount of the consent fees paid was $1,668,975.

                       About Bill Barrett

Bill Barrett Corporation (NYSE: BBG), headquartered in Denver,
Colorado -- http://www.billbarrettcorp.com/-- is an independent
energy company that develops, acquires and explores for oil and
natural gas resources.  All of its assets and operations are
located in the Rocky Mountain region of the United States.

Bill Barrett reported a net loss of $170.4 million on $178.8
million of total operating revenues for the year ended Dec. 31,
2016, compared to a net loss of $487.8 million on $207.9 million of
total operating revenues for the year ended Dec. 31, 2015.  As of
Sept. 30, 2017, the Company had $1.33 billion in total assets,
$815.49 million in total liabilities and $515.01 million in total
stockholders' equity.

                           *    *    *

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


BIOSTAGE INC: Incurs $3.24 Million Net Loss in Third Quarter
------------------------------------------------------------
Biostage, Inc., filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q reporting a net loss of $3.24
million on $0 of revenues for the three months ended Sept. 30,
2017, compared to a net loss of $3.05 million on $26,000 of
revenues for the three months ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss of $10.68 million on $0 of revenues compared to a net loss
of $8.23 million on $54,000 of revenues for the same period a year
ago.

The Company's balance sheet as of Sept. 30, 2017, showed $2.55
million in total assets, $2.07 million in total liabilities and
$477,000 in total stockholders' equity.

The Company has incurred operating losses since inception, and as
of Sept. 30, 2017, it had an accumulated deficit of approximately
$47.0 million.  The Company is currently investing significant
resources in the development of its products for use by clinicians
and researchers in the field of regenerative medicine.  As a
result, the Company expect to incur operating losses and negative
operating cash flow for the foreseeable future.

As a result of First Pecos's refusal to deliver the Purchase Price
pursuant to the Pecos Placement, the Company is facing significant
capital issues, as its current financial obligations exceed its
cash on hand, and is exploring financing and other strategic
alternatives, including the Private Placement.  The Company cannot
provide any assurance it will be able to obtain sufficient
financing.

"We need to raise additional funds to fund our operations," the
Company stated in the report.  "In the event that we do not raise
additional capital from outside sources in the near future, we may
be forced to further curtail or cease our operations.  Cash
requirements and cash resource needs will vary significantly
depending upon the timing of clinical and animal studies and other
resource needs that will be required to complete ongoing
development and pre-clinical and clinical testing of products as
well as regulatory efforts and collaborative arrangements necessary
for our products that are currently under development. We seek to
raise necessary funds through a combination of public or private
equity offerings, debt financings, other financing mechanisms, or
strategic collaborations and licensing arrangements.  We may not be
able to obtain additional financing on terms favorable to us, if at
all."

Net cash used in operating activities of $9.4 million for the nine
months ended Sept. 30, 2017 was primarily a result of the Company's
$10.7 million net loss, partially offset by a $1.6 million add-back
of non-cash expenses related to the change in the fair value of
warrant liability, stock-based compensation and depreciation.

Net cash used in operating activities of $6.1 million for the nine
months ended Sept. 30, 2016 was primarily a result of the Company's
$8.2 million net loss and $1.0 million of cash provided for working
capital and $1.1 million add-back of non-cash expenses of
stock-based compensation and depreciation, partially offset by a
favorable change in the fair value of warrant liability.

Net cash used in investing activities during the nine months ended
Sept. 30, 2017 and 2016 of $0.1 million and $0.2 million,
respectively, reflects cash used for additions to property and
equipment.

Financing activities Net cash generated from financing activities
during the nine months ended Sept. 30, 2017 of $7.9 million
consisted of the net proceeds from the issuance of 20,000,000
shares of the Company's common stock at a purchase price of $0.40
per share, the issuance of warrants to purchase 20,000,000 shares
of common stock at an exercise price of $0.40 per warrant and
warrants issued to placement agents for the offering to purchase
1,000,000 shares of common stock at an exercise price of $0.50 per
warrant and $1.1 million from the conversion of warrants for
2,647,338 shares of common stock at $0.40 per share.

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

                    https://is.gd/DGNxvf

                       About Biostage

Headquartered in Holliston, Massachusetts, Biostage, Inc., formerly
Harvard Apparatus Regenerative Technology, Inc. --
http://www.biostage.com/-- is a biotechnology company developing
bio-engineered organ implants based on the Company's new Cellframe
technology which combines a proprietary biocompatible scaffold with
a patient's own stem cells to create Cellspan organ implants.
Cellspan implants are being developed to treat life-threatening
conditions of the esophagus, bronchus or trachea with the hope of
dramatically improving the treatment paradigm for patients.  Based
on its preclinical data, Biostage has selected life-threatening
conditions of the esophagus as the initial clinical application of
its technology.  

Biostage reported a net loss of $11.57 million on $82,000 of
revenues for the year ended Dec. 31, 2016, compared to a net loss
of $11.70 million on $118,000 of revenues for the year ended Dec.
31, 2015.

KPMG LLP, in Cambridge, Massachusetts, 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 will require additional financing to
fund future operations which raise substantial doubt about its
ability to continue as a going concern.


BLACK IRON: Hires Durham Jones as Litigation Counsel
----------------------------------------------------
Black Iron, LLC, seeks authority from the U.S. Bankruptcy Court for
the District of Utah to employ Durham Jones & Pinegar, P.C., as
special litigation counsel to the Debtor.

Black Iron requires Durham Jones to:

   -- represent the Debtor for tax appeal matters;

   -- finalize the settlement in the Oldroyd matters, captioned
      as Black Iron v. Oldroyd, Case No. 170500010, with the
      Fifth Judicial District Court,; and

   -- assist the Debtor in the Fraudulent Transfer and Storage
      Fees Cases, which are now being administered as
      Consolidated Adversary Proceeding No. 17-2088, and the
      Hatch James & Dodge/Matec Settlement Funds matter,
      Adversary Proceeding No. 17-2062.

Durham Jones will be paid at these hourly rates:

     Attorneys                   $225-$330
     Associates                  $160-$250

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

Dana T. Farmer, partner of Durham Jones & Pinegar, P.C., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Durham Jones can be reached at:

     Dana T. Farmer, Esq.
     DURHAM JONES & PINEGAR, P.C.
     111 S Main St.
     Salt Lake City, UT 84111
     Tel: (801) 415-3000

              About Black Iron, LLC

Black Iron, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Utah Case No. 17-24816) on June 1, 2017.
Steve L. Gilbert, its manager, signed the petition. At the time of
the filing, the Debtor estimated its assets and debts at $1 million
to $10 million.

Judge William T. Thurman presides over the case.

The Debtor is represented by Adelaide Maudsley, Esq. and Ralph R.
Mabey, Esq. at Kirton McConkie P.C. The Debtor tapped Hires Gary
Thorup, Esq. at Durham Jones to serve as its special litigation
counsel; WSRP, LLC as its accountant; and Alysen Tarrant as its
environmental consultant.


BOSTON HERALD: Hires Morris Nichols as Bankruptcy Co-Counsel
------------------------------------------------------------
Herald Media Holdings, Inc., and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Morris Nichols Arsht & Tunnell LLP, as
co-counsel to the Debtors.

Herald Media requires Morris Nichols to:

   a. perform all necessary services as the Debtors' Delaware
      bankruptcy counsel, including, without limitation,
      providing the Debtors with advice, representing the
      Debtors, and preparing necessary documents on behalf of
      the Debtors in the areas of restructuring and bankruptcy;

   b. take all necessary actions to protect and preserve the
      Debtors' estates during these Chapter 11 Cases, including
      the prosecution of actions by the Debtors, the defense of
      any actions commenced against the Debtors, negotiations
      concerning litigation in which the Debtors are involved and
      objecting to claims filed against the estate;

   c. prepare or coordinate preparation on behalf of the Debtors,
      as debtors in possession, necessary motions, applications,
      answers, orders, reports and papers in connection with the
      administration of these Chapter 11 Cases;

   d. counsel the Debtors with regard to their rights and
      obligations as debtors in possession; and

   e. perform all other necessary legal services.

Morris Nichols will be paid at these hourly rates:

     Partners                             $585–945
     Associates and Special Counsel       $355.50–535.50
     Paraprofessionals                    $265.50
     Case Clerks                          $144

Morris Nichols received payments of $25,000 and $30,900 on December
5 and 7, respectively as an advance fee for services to be rendered
and expenses to be incurred in connection with Morris Nichols's
representation of the Debtors.

In total, Morris Nichols rendered services and incurred expenses in
preparation for the Debtors' chapter 11 filing valued at $46,766.55
as of the Petition Date. After all fees and charges accrued prior
to the Petition Date had been posted, Morris Nichols issued a final
billing statement for the actual fees, charges, and disbursements
for the period prior to the Petition Date and the Final Billed
Amount was paid from the Advance.

As of the Petition Date, Morris Nichols held a balance of $9,133.45
as an advance payment for services rendered and expenses incurred
in connection with its representation of the Debtors.

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

Curtis S. Miller, partner of Morris Nichols Arsht & Tunnell LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Morris Nichols can be reached at:

     Curtis S. Miller, Esq.
     MORRIS NICHOLS ARSHT & TUNNELL LLP
     1201 North Market Street, 16th Floor
     Wilmington, DE 19801
     Tel: (302) 658-9200

              About Herald Media Holdings, Inc.

Headquartered in Boston, Massachusetts, Boston Herald, Inc., Herald
Interactive Inc., Herald Media, Inc. and Herald Media Holdings,
Inc., collectively operate privately owned information and
entertainment businesses consisting of the flagship newspaper, The
Boston Herald, as well as a related website, internet radio
station, and mobile applications.

Herald Media Holdings, Inc., and three affiliates filed for Chapter
11 bankruptcy protection (Bankr. D. Del. Lead Case No. 17-12881) on
Dec. 8, 2017.

Herald Media reported total assets of $6.02 million and total
liabilities of $31 million as of the bankruptcy filing.

The Hon. Laurie Selber Silverstein is the case judge.

Morris, Nichols, Arsht & Tunnell LLP, is serving as lead counsel to
the Debtors.  Epiq Bankruptcy Solutions, LLC, is the claims and
noticing agent.


BOYD GAMING: Fitch Affirms B+ IDR on Penn National Acquisition
--------------------------------------------------------------
Fitch Ratings has affirmed Boyd Gaming Corp's (BYD) Long-Term
Issuer Default Rating (IDR) at 'B+' following BYD's announcement
that it is acquiring the operations of four regional gaming assets
from Penn National Gaming, Inc. (PENN) for $575 million, which is
in connection with PENN's proposed acquisition of Pinnacle
Entertainment, Inc. (PNK). BYD will lease the assets under a triple
net master lease from Gaming & Leisure Properties, Inc. (GLPI) at
initial annual rent coverage of roughly 1.9x (roughly $105
million). The transaction will be funded with debt and operating
cash flow. The Rating Outlook is revised to Stable from Positive.

KEY RATING DRIVERS

The Rating Outlook revision to Stable from Positive reflects the
debt funded transaction, which will keep BYD's traditional
debt/EBITDA leverage at above 5x for a longer duration than Fitch
previously estimated. Pro forma for the transaction Fitch estimates
BYD will end 2018 with debt/EBITDA at 5.1x compared to 4.9x Fitch
estimated when it revised BYD's Outlook to Positive in August
2017.

The Outlook revision also reflects BYD's master lease that it will
enter into with GLPI, which will increase BYD's fixed cost
structure. As a result of the lease, Fitch estimates BYD's lease
adjusted leverage will be in mid-5x range through 2019. The leased
assets will account for slightly over 20% of BYD's total property
EBITDAR.

Positively, the acquisition will diversify BYD's asset base with
access to three new regional gaming markets and grow its regional
gaming network. BYD's exposure to Las Vegas markets, where it
historically had a concertation, will decline to about 38% of
property EBITDAR from 44%. Fitch views the gaming assets acquired
favorably as they are market leading assets in markets with minimal
threat of new competition. The gaming assets acquired by BYD
represent about 26%, 26%, and 32% market share based on
year-to-date gross gaming revenues in St. Louis, MO, Kansas City,
MO and Cincinnati, OH, respectively.

An upgrade to 'BB-' is still possible within the next 24 months if
BYD's traditional leverage declines below 5x, rent adjusted
leverage is at or close to 5x and the percentage of assets that are
leased remains modest. Since BYD's rent adjusted leverage will be
approximately 0.5x higher than traditional leverage, an upgrade to
'BB-' will hinge on BYD managing closer to the middle of its 4x-5x
target leverage range.

Improving Credit Profile: Fitch forecasts Boyd's traditional
leverage to continue to decline, despite the announced acquisition,
reaching 4.9x in 2019, driven by organic and acquisition related
EBITDA growth and debt paydown. Fitch forecasts lease adjusted
leverage at 5.3x in 2019.

Strong FCF Profile: Boyd generates healthy FCF, which creates some
cushion against potential operating pressure. Fitch expects annual
FCF before dividends to exceed $300 million through the forecast
period. Fitch expects the excess cash flow use to be balanced
between debt paydown and shareholder returns in the form of Boyd's
increased quarterly dividend and share repurchases.

Greater Diversification: Pro forma for the acquisitions, BYD's Las
Vegas assets will represent 38% of property EBITDAR down from 44%
in the LTM period. BYD will also have greater diversification among
its other regional markets with entry into three new major
markets.

DERIVATION SUMMARY

Boyd's rent-adjusted leverage and FCF generation are some of the
strongest among U.S. regional gaming operators. Boyd's credit
profile is better positioned than peer Penn National Gaming as it
still owns majority of its underlying real estate and is not as
subject to as high of operating leverage as pure play gaming OpCos
have from master leases. As a result, Boyd's FCFs are more
sustainable under moderate operating pressures, similar to other
more traditional gaming operators that still own their underlying
real estate (e.g. Red Rock Resorts, Eldorado Resorts). Boyd also
has outsized exposure to the Las Vegas Locals market, of which
Fitch has a more favorable view relative to other regional gaming
markets. Offsetting these positives is the cyclical nature of
regional gaming, underlying secular headwinds (including
demographic shift and alternatives to casino gaming), and the
industry's capital intensity.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within the Agency's Rating Case for the
Issuer

-- Low single-digit same-store revenue growth across Boyd's
    gaming markets;
-- BYD closes on PENN gaming asset acquisition in mid-2018;
-- EBITDAR margins increase slightly through 2020 driven by Las
    Vegas Locals, reflecting the segment's larger scale and
    revenue flowthrough;
-- State and federal NOLs absorb all tax liability through the
    forecast horizon;
-- Run-rate maintenance capex at about $150 million per year
    (includes $20 million at acquired assets);
-- Uses of excess cash flow are spread about evenly among debt
    reduction, dividend increases and share repurchases.

Key Recovery Rating Assumptions

-- The recovery analysis assumes that Boyd would be considered a
    going-concern in bankruptcy and that the company would be
    reorganized rather than liquidated;
-- Fitch has assumed a 10% administrative claim;
-- The going-concern EBITDA reflects stresses at Boyd's segments
    of 15% to 20% below LTM levels (adjusted for the PNK assets
    acquisition). This reflects a moderate recessionary
    environment with revenue declines of 7% to 11% and 50% flow-
    through to EBITDA. This is slightly better than Boyd's
    performance in the previous recession as all three of Boyd's
    segments have not yet fully recovered to pre-recession levels;
-- Fitch's recovery analysis is based on EV multiples that are
    slightly below historical market and M&A-implied multiples.
    This is to account for the difficulty of estimating multiples
    at the time of default, which could be several years out for
    healthier issuers. Fitch assigns 6.5x multiples to the Midwest

    & South segment, 6x to Downtown and 7x to Las Vegas Locals.
    Actual M&A-implied multiples for regional assets have been
    around 7.0x to 7.5x. Fitch assigns a 6x multiple for the
    previously owned PNK OpCo assets, as their high fixed cost
    structure offset solid asset quality and favorable competitive

    environments;
-- Assumes a full draw on Boyd's revolver, which has $775 million

    in capacity and $591 million in availability as of Sept. 30,
    2017. Fitch also assumes that Boyd's use of its revolver to
    finance acquisitions is eventually paid down via unsecured
    debt issuance;
-- The waterfall results in a 100% recovery corresponding to an
    'RR1' recovery for the senior secured credit facility. The
    waterfall also indicated a 46% recovery corresponding to 'RR4'

    for the senior unsecured notes.

RATING SENSITIVITIES

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

-- Debt/EBITDA declining and remaining below 5.0x (Fitch
    forecasts 4.9x for 2019);
-- Adjusted debt/EBITDAR declining close to 5.0x (Fitch forecasts

    5.3x 2019);
-- Discretionary run-rate FCF exceeding $300 million on sustained

    basis (Fitch forecasts $400 million for 2019);
-- Regional markets remaining stable or growing on same-store
    basis.

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

-- Boyd's debt/EBITDA ratio remaining above 6.0x on a sustained
    basis (Fitch forecasts 4.9x for 2019);
-- Adjusted debt/EBITDAR increasing to 6.0x (Fitch forecasts 5.3x

    2019);
-- Discretionary run-rate FCF declining towards or below $150
    million (Fitch forecasts $400 million for 2019);
-- Operating pressure with same-store revenues declining over an
    extended period;
-- Boyd pursuing a REIT spin-off or an M&A activity that would
    result in rent-adjusted leverage increasing.

LIQUIDITY

Strong Liquidity: Boyd had $591 million available on its $775
million revolver as of Sept. 30, 2017, BYD's run-rate discretionary
FCF is approximately $300 million pro forma for the acquisition,
and Boyd has no meaningful maturities until 2021 when the revolver
($135 million outstanding as of Sept. 30, 2017) and term loan A
($214 million prior to any required prepayments) mature. There are
no major developments and run-rate maintenance capex of $150
million is also manageable. Boyd's strong FCF generation allows
some cushion for moderate operating stress or a more aggressive
return of shareholder value.

FULL LIST OF RATING ACTIONS

Boyd Gaming Corp.

-- Long-Term IDR at 'B+'; Outlook revised to Stable from
    Positive;
-- Senior secured credit facility at 'BB+'/'RR1';
-- Senior unsecured notes at 'B+'/'RR4'.


BRIGHT MOUNTAIN: Says Errors Found in Q3 Financial Statements
-------------------------------------------------------------
Bright Mountain Media, Inc., received an oral notice from Liggett &
Webb P.A., its independent registered public accounting firm, that
its review of the Company's condensed consolidated financial
statements for the three and nine months ended Sept. 30, 2017
appearing in the Company's Quarterly Report on Form 10-Q for the
period ended Sept. 30, 2017 should no longer be relied upon as a
result of errors in those statements as addressed in FASB ASC Topic
250.  Specifically, the Company's auditors orally advised its chief
financial officer that errors exist in the purchase price
allocation related to the Company's acquisition of Daily Engage
Media Group LLC during September 2017.  The Company's chief
financial officer has discussed this matter with its auditors.

The correction of these errors will result in the restatement of
our condensed consolidated balance sheet (unaudited) at Sept. 30,
2017 and its condensed consolidated statement of cash flows for the
nine months ended Sept. 30, 2017 (unaudited).

According to Bright Mountain, "While we expect that line items
within both our total assets and total liabilities will change as
the result of a reallocation of both assets and liabilities at
September 30, 2017 in amounts we have not yet quantified, we do not
expect any material change in either our total assets or total
liabilities at that date.  We also do not expect any change in our
condensed consolidated statement of operations (unaudited) for the
three and nine months ended September 30, 2017.  We expect to file
an amendment to our Quarterly Report on Form 10-Q for the period
ended September 30, 2017 as soon as possible."

                       About Bright Mountain

Based in Boca Raton, Fla., Bright Mountain Media, Inc., a media
holding company, owns and manages Websites in the United States.
It operates through two segments: product sales and services.  The
company develops Websites, which provide information and news to
military, law enforcement, first responders, and other public
sector employees; and information, including originally written
news content, blogs, forums, career information, and videos.

Bright Mountain reported a net loss attributable to common
shareholders of $2.94 million on $1.49 million of product sales for
the year ended Dec. 31, 2016, compared to a net loss attributable
to common shareholders of $2.01 million on $1.41 million of product
sales for the year ended Dec. 31, 2015.  As of Sept. 30, 2017,
Bright Mountain had $3.58 million in total assets, $2.69 million in
total liabilities and $882,370 in total shareholders' equity.

Liggett & Webb, P.A., in Boynton Beach, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has a net
loss of $2.667 million and used cash in operations of $1.861
million and an accumulated deficit of $8.825 million at Dec. 31,
2016.  These matters raise substantial doubt about the Company's
ability to continue as a going concern.


BTH QUITMAN: Needs to Obtain $350,000 in DIP Financing From Heetway
-------------------------------------------------------------------
BTH Quitman Hickory LLC asks the U.S. Bankruptcy Court for the
District of Nevada for permission to obtain from Heetway Inc. a
non-amortizing multiple draw super-priority bridge loan facility in
an aggregate principal amount not to exceed $350,000, of which
$156,973 is in the form of new money funding and refinance and roll
up of a protective prepetition secured loan to the Debtor since
Aug. 1, 2017, of $193,027, which funds were used to protect and
preserve the assets of the Debtor, including the payment of
casualty insurance, payroll, security guard service and utilities.


The $193,027 prepetition loan is part of a $276,917 loan secured by
a first lien against certain personal property assets of the
Debtor, which was perfected on Dec. 6, 2017, in the State of
Nevada.

There are no upfront fees.  A drawdown fee in the amount of 2.5% of
each withdrawal of DIP Bridge Loan by the Debtor will be paid to
the DIP Lenders in cash ratably based on their respective principal
amount of DIP Bridge Loans withdrawn and the fee will be paid from
the proceeds thereof.

The DIP Bridge Loan will mature on the earlier of: (i) funding of a
term DIP Bridge Loan approved by an interim or final order of the
Court; (ii) June 1, 2018; (iii) the effective date of any chapter
11 plan for the reorganization of the Debtor; (iv) the consummation
of any sale or other disposition of all or substantially all of the
assets of the Debtor pursuant to Bankruptcy Code section 363; and
(v) the date of the acceleration of the DIP Bridge Loan in
accordance with the DIP Loan Agreement.

The Debtor is in urgent need of funds to continue to protect and
preserve of the assets of the bankruptcy estate.  The purpose of
the DIP Bridge Loan is to provide the funds while a term DIP loan
approval is obtained by the Debtor.  Upon entry of the interim
order and acceptance of the term sheet, the Postpetition Lender
will make available to the Debtor the DIP Bridge Loan in an amount
up to $350,000.  The proceeds will be used: (i) to provide working
capital for legal fees and administrative costs and for other costs
to protect and preserve the assets of the Debtor including, but not
limited to casualty insurance, labor and security guard service and
utilities, and (ii) to refinance the existing bridge loan
facility.

All obligations of the Debtor to the Lender including, without
limitation, all principal and accrued interest, costs, fees and
expenses, will be: (1) secured, pursuant to the U.S. Bankruptcy
Code Sections 361, 362, 364(c)(2), 364(c)(3) and 364(d), by a
valid, binding, continuing, enforceable, fully-perfected,
non-avoidable, automatically and properly perfected first priority
senior priming lien on, and security interest in all present and
after acquired personal property of the Debtor, wherever located,
including, without limitation, including all accounts, inventory,
equipment, capital stock in subsidiaries of the Debtors, investment
property, instruments, chattel paper, real estate, leasehold
interests, contracts, patents, copyrights, trademarks and other
general intangibles, and all products and proceeds thereof, and the
proceeds of any causes of action under Bankruptcy Code Sections
502(d), 544, 545, 547, 548, 549, 550 or 553 or any other avoidance
actions under the Bankruptcy Code or applicable non-bankruptcy law,
which liens and security interests will be senior to any and all
other liens and security interest, and the liens granted to any
prepetition secured parties; and (2) The DIP obligations will also
constitute claims entitled to the benefits of Bankruptcy Code
section 364(c)(1), having a super-priority over any and all
administrative expenses and claims, of any kind or nature
whatsoever, including, without limitation, the administrative
expenses of the kinds specified in or ordered pursuant to
Bankruptcy Code sections 105, 326, 327, 328, 330, 331, 361, 362,
363, 364, 365, 503, 506, 507(a), 507(b), 546, 552, 726, 1113 and
1114, and any other provision of the Bankruptcy Code.

The loan will have an interest of 12% per annum payable in cash on
the DIP Termination Date.

The Debtor previously entered into agreements that in substance
leased the Quitman Plant to Solvay S.A., a Belgian chemical
company.  In September, 2016, the agreements with Solvay were
terminated and Solvay vacated the Quitman Plant.

In October 2016, immediately after Solvay vacated the Quitman
Plant, the Debtor entered into a short term contract to provide a
4,000 ton burn sample of torrefied pellets through the end of 2016
to Portland General Electric. In February 2017, PGE conducted a
significant test using the Debtor's torrefied pellets that received
recognition by important large power companies.  Notably, the test
results caught the attention of a Japanese power company, which
sent a delegation that visited the Quitman Plant two weeks ago
together with a major Japanese trading company.  From there the
delegation went to Oregon to meet with PGE who confirmed the
positive results from the utilization of the product from the
Quitman Plant.

The Quitman Plant has not operated since producing the burn sample
for PGE.

However, the Debtor has taken all steps necessary to protect and
preserve the Quitman Plant, including the payment of utilities,
insurance and for security guard services.

The Debtor is currently in discussions to supply torrefied pellets
to multiple coal fired power plants around the world, which would
provide the Debtor a path to successfully reorganize.

For now, the Debtor is in need of immediate funds to continue to
pay the absolutely necessary expense of preserving the assets of
this bankruptcy estate.

The Debtor does not have sufficient funds to pay utilities,
insurance premiums or for continued security services at the
Quitman Plant without the DIP Bridge Loan.  The Debtor needs those
funds immediately.  Any delay in funding would immediately result
in unpaid payroll for the security services at the Quitman Plan and
could result in the loss of utilities and insurance coverage for
the assets of this bankruptcy estate.

The Debtor cannot obtain unsecured financing, even if the financing
is accorded administrative expense priority.  The only presently
available loan to the Debtor is conditioned upon a first priority
security interest in the assets of the Debtor.

The Post-Petition Lender has a distant relationship to the Debtor,
but does not likely qualify as an insider of the Debtor under 11
U.S.C. Section 101(31).  The DIP Lender may, however, qualify as an
affiliate of the Debtor under 11 U.S.C. Section 101(2).  In this
regard, attached to this Declaration of Neal Smaler is a corporate
structure of the Debtor and its relationship to the DIP
Bridge Lender.

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

            http://bankrupt.com/misc/nvb17-51375-8.pdf

                    About BTH Quitman Hickory

BTH Quitman Hickory LLC, based in Quitman, Mississippi, is a
privately held provider of torrefied wood pellets designed to offer
pellets of varying energy content to meet the diverse needs of
potential buyers.  The company's wood pellets focuses on innovative
and renewable energy source that can be produced on a commercial
scale, enabling businesses to meet the needs of the present without
compromising the ability of future generations to meet their own
needs.  BTH Quitman Hickory LLC operates as a subsidiary of New
Biomass Holding LLC.

BTH Quitman Hickory filed for Chapter 11 bankruptcy protection on
(Bankr. D. Nev. Case No. 17-51375) on Dec. 10, 2017, listing $4.22
million in total assets and $59.46 million in total liabilities.
The petition was signed by Neal Smaler, president of managing
member BTH Quitman, LLC.

Judge Bruce T. Beesley presides over the case.

Kevin A. Darby, Esq., at Darby Law Practice serves as the Debtor's
bankruptcy counsel.


CAMBRIDGE REALTY: Hires Richel Commercial as Real Estate Broker
---------------------------------------------------------------
Cambridge Realty, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of New Jersey to employ Richel Commercial
Brokerage LLC, as real estate broker to the Debtor.

Cambridge Realty requires Richel Commercial to market and sell the
Debtor's real property located at 1985 Route 34, Wall, New Jersey.

Richel Commercial will be paid a commission of 5% of the sales
price.

Steve Richel, partner of Richel Commercial Brokerage LLC, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Richel Commercial can be reached at:

     Steve Richel
     RICHEL COMMERCIAL BROKERAGE LLC
     106 Apple Street, Suite 100A
     Tinton Falls, NJ 07724
     Tel: (732) 720-0538
     Fax: (732) 486-0208

              About Cambridge Realty, LLC

Cambridge Realty Associates, LLC, based in Sea Girt, New Jersey,
filed a Chapter 11 petition (Bankr. D.N.J. Case No. 17-26154) on
August 9, 2017. The petition was signed by Loretta Dweck, its
managing member. In its petition, the Debtor estimated $5.53
million in assets and $2.99 million in liabilities.

Judge Christine M. Gravelle presides over the case. Joseph Casello,
Esq., at Collins Vella & Casello, LLC, serves as bankruptcy
counsel.


CARL SAYERS: Sets Bidding Procedures for All Danbury Properties
---------------------------------------------------------------
Carl R. Sayers, doing business as Danbury Top Soil Co., and Suzanne
Sayers ask the U.S. Bankruptcy Court for the District of
Connecticut to authorize bidding procedures in connection with the
sale of substantially all properties in Danbury, Connecticut: (i)
7,9,13 Miry Brook Road aka Sugar Hollow Road; (ii) 25 Miry Brook
Road (Carl Sayers owns a 75% interest, but has been advised by his
son Carl Sayers II, that he will consent to the sale by the
Debtors' provided Carl Sayers II receives 25% of the net proceeds);
(iii) 38 Miry Brook Road; and (iv) 15 Miry Brook Road, at auction.

A hearing on the Motion is set for Jan. 8, 2018 at 11:00 a.m.

On May 9, 2017 the Court granted the retention of Keller Williams
Realty ("KW"), in connection with the marketing of the property
located at 7, 9 and 13 Miry Brook Road Property for sale with an
exclusive listing at the rate of 5% of the gross sale price of the
Property.

On June 29, 2017, the Debtors filed a supplemental application to
expand the retention of KW to include the marketing of additional
properties located at 15 Miry Brook Property.  

During the course of the case, the Debtors and their most
significant unsecured and secured creditors, engaged in a
collaborative effort that contemplated a marketing period for the
sale of the Property.  If the Property was not sold after the
marketing period, the parties agreed and it was represented to the
Court that the Debtors would seek to conduct an auction sale of the
Property.  The Debtors filed a plan of reorganization that
memorialized that process.  During the course of that process,
various objections were raised to the feasibility of the Plan.
After further discussion and agreement with the major parties of
the case and disclosure to the Court, the Debtors requested an
alternative path through an auction process following the
expiration of the marketing period.

Consistent with that understanding, the Debtors filed an initial
sale motion setting forth proposed bidding procedures on Nov. 9,
2017.  On Nov. 14, 2017, they filed an application to retain Aaron
Posnik & Co, Inc. as their auctioneer.  A status conference was
held on Nov. 15 wherein the bidding procedures were discussed and
the Court provided initial feedback regarding the proposed sale
process, where the Court wanted the auction to take place, and
other matters associated with the process.

The Debtors stated through counsel that the Debtors had been
relying on the auctioneer for much of the procedures that they had
outlined and had hoped to use him as their auctioneer, but did not
know if the auctioneer would assist the Debtors if the Court
definitively ruled that the auctioneer (Paul Scheer, the President
of Posnik) would essentially act more like a broker to assist the
sale process rather than as the auctioneer.  As Mr. Scheer was
unavailable to attend the status conference on Nov. 15, 2017 and,
given the upcoming Thanksgiving holiday, the Court directed that an
amended motion setting forth any new bid procedures be filed by
Dec. 1, 2017 with a continued hearing/status conference to be held
on Dec. 6, 2017.

After the status conference on Dec. 6, 2017, however, the Debtors
were informed that Mr. Scheer had decided that he was not going to
assist the Debtors with the auction because his wife passed away
from cancer on Dec. 10, 2017.  While Although the Debtors do not
believe that deadline to amend or file a new application to retain
Posnik (or someone else given the circumstances) was also set for
Dec. 15, 2017, the Debtors wanted the Court to be aware of their
intentions and the current circumstances.  Further, in the event
there was a deadline for such an application, out of an abundance
of caution and to the extent the Court believes this too should
have been filed by Dec. 15, 2017, the Debtors are also asking to
file a motion asking an extension of time to Dec. 31, 2016 in this
regard.

After marketing these properties without success and after
substantial good faith negotiations and collaboration with the main
creditors in the case, the Debtors have determined that it is in
the best interests of their estate to pursue a sale of all or
substantially all of their assets via an auction sale.

Subject to the provisions in the Motion, the Court will conduct an
auction of the Property within 50 days after the order is entered
approving bid procedures with an auction sale of these properties
serially in the order set forth free and clear of all liens and
interests with closings to be conducted within 35 days after
approval of the sale of any property.  If the Debtors are unable to
reach an agreement with to the secured creditors with liens on a
particular property, and the highest bid at Auction for a
particular Property is insufficient to satisfy the secured claims,
costs of sale, the broker or auctioneer's commissions and expenses,
and certain other administrative expenses, then the Debtors ask
authority to not accept a proposed bid for subsequent Court
approval.

In addition, as the auction would be staggered so that each
property is sold separately and in series in the order set forth,
if the total proceeds achieved after each sale are sufficient to
satisfy all allowed claims and administrative claim in the case,
the Debtors would have the right to cancel all subsequent sales of
any remaining properties.

After the sales are concluded, the Court could then dismiss,
convert the case if there are insufficient proceeds to fund a plan,
or if there are funds available for distribution to creditors,
dismiss with a payment to all creditors holding allowed claims
following the appropriate priority scheme of the Bankruptcy Code or
an amendment to the plan and disclosure statement and allow the
Debtors to proceed to confirmation.

Alternatively, and if the Court finds or prefers that the Debtors
ask approval of an amended disclosure statement and confirmation
consistent with the proposed sale, they will promptly prepare and
file same.  Given the additional administrative costs and the facts
of the case and the active involvement of creditors throughout, the
Debtors respectfully posit that that is not necessary, but they
will abide by any order of the Court.

The Properties are presently subject to these liens:

     a. 7,9,13 Miry Brook Road, also known as Sugar Hollow Road:

          i. Mortgage to Newell Funding LLC ($1,700,000 - blanket
lien believed to have been paid off but not released - release is
being sought);

         ii. Department of Revenue Services Sales Tax Lien ($8,192
- blanket lien believed to be paid off per DRS but not released);

        iii. Mortgage to Ready Cap Lending ($2,110,443 as of
10/13/17 plus attorneys' fee and cost);

         iv. Tax Liens City of Danbury ($387,525 as of 12/31/17)

     b. 25 Miry Brook Road:

          i. Mortgage to Newtown Savings Bank ($253,184 as of
10/06/17)

         ii. Tax Liens City of Danbury ($2,071 as of 12/5/17)

        iii. Water Liens City of Danbury ($2,662 as of 12/5/17)

     c. 38 Miry Brook Road:

          i. Mortgage to Newell Funding LLC ($1,700,000 - blanket
lien believed to have been paid off but not released - release is
being sought);

         ii. Mortgage to Deutsche Bank National Trust Co., As
successor for Soundview Home Loan Trust 2005-OPT4, Asset – Backed
Certificates, Series 2005 OPT 4 - serviced by Ocwen ($317,583 as of
12/31/17);
         
        iii. Tax Liens City of Danbury ($2,035 as of 12/5/17)

     d. 15 Miry Brook Road:
         
          i. Mortgage to Newell Funding LLC ($1,700,000 - blanket
lien believed to have been paid off but not released - release is
being sought);

         ii. Department of Revenue Services Sales Tax Lien ($8,192
- blanket lien believed to be paid off per DRS but not released);

        iii. Tax Liens City of Danbury ($98,628 as of 12/5/17)

The salient terms of the Bidding Procedures are:

     a. The auctioneer will conduct the auction and pre-qualify the
bidders.  

     b. The Potential Bidder acknowledges that the Properties are
being sold "as is, where is" without any representations or
warranties, and free and clear of liens, claims, encumbrances, and
interests.

     c. Deposit: (i) 7, 9 and 13 Miry Brook - $100,000; (ii) 25
Miry Brook - $27,000; (iii) 38 Miry Brook - $30,000; and 15 Miry
Brook - $20,000.

     d. Minimum Bids: (i) 7, 9 and 13 Miry Brook - $1,150,000; (ii)
25 Miry Brook - $270,000; (iii) 38 Miry Brook - $300,000; and (iv)
15 Miry Brook - $200,000.

     e. The Auction of the Properties will take place on a date to
be scheduled by the Court, which the Debtors propose to occur on 50
days from the date the Court enters an order approving the bidding
procedures for the sale.

     f. The Debtors also ask that bidding increments begin at
$15,000 for 7, 9 and 13 Miry Brook, and $3,000 for other
properties, subject to the Court or the Debtors requesting that the
bidding increments be increased or decreased at varying times of
the auction to spur or enhance competitive bidding.

     g. The Debtors have requested that the Sale Hearing take place
following the conclusion of the auction of the Properties.

The Debtors notes that the minimum bid for each property is not the
strike price, i.e. the amount that each property will be sold for,
but has been established to maximize competitive bidding.  They've
engaged in discussions with counsel for Redicap, the City of
Danbury and Ocwen.  

With respect to 7, 9 and 13 Miry Brook, the Debtors will ask
approval of the highest and best bid that at the end of the auction
that is greater than the minimum bid with the proceeds to be paid
as follows: 11% of gross proceeds under $2 million will be carved
out for the benefit of the estate (i.e. conveyance taxes, allowed
auctioneer/broker fees, closing costs, allowed attorneys' fees, US
Trustee fees, etc.).  

For any amount received for this property above $2.1 million, the
carve out for the estate would increase to 39.5% (to account for
estimated fed and state taxes).  If the property sells for enough
to satisfy all secured claims on the property (after carveouts set
forth herein) the remaining proceeds would be retained by the
estate.  After the carveouts, the proceeds would first be used to
pay real estate taxes and then to secured creditors (up to the
allowed amount of its claim) in full satisfaction of its claims.

With respect to 15 Miry Brook, the Debtors will sell that property
for the highest and best price realized from the auction sale that
exceeds the Minimum Bid.

With respect to 25 and 38 Miry Brook, they have a strike price that
will permit the sale of each property after taking into account the
balance of existing mortgage and liens and tax considerations.  The
Debtors only intend to seek approval of the highest and best bids
of these properties if they are each sufficient to pay off in full
the existing mortgage and liens on that property, estimated income
taxes and provide sufficient funds to pay conveyance taxes, allowed
auctioneer/broker fees, closing costs, allowed attorneys' fees
related to the sale and auction and US Trustee fees.

The Debtors also ask the right to adopt such other rules for the
Bidding Process that will better promote the goals of the Bidding
Process not inconsistent with the order of the Court.

Because the relief requested is essential to prevent continued and
irreparable harm to the Debtors and their estate, and is necessary
to implement the Auction, the Debtors submit that cause exists for
a waiver of the 14-day stay imposed by Bankruptcy Rule 6004(h) to
the extent applicable.

                       About the Sayers

Carl Sayers is an army veteran, having served from 1962 to 1965.
He has since worked in a number of entrepreneurial roles and
presently operates his Danbury Top Soil business, a sole
proprietorship.  Suzanne Sayers had been employed in a number of
jobs and had been working for Danbury Top Soil but is now retired.

Carl R. Sayers and Suzanne Sayers sought Chapter 11 protection
(Bankr. D. Conn. Case No. 15-50870) on June 29, 2015.

Matthew K. Beatman, Esq., at Zeisler & Zeisler, P.C., serves as
counsel to the Debtors.  Keller Williams Realty is the Debtors'
broker.


CASTILLO I PARTNERSHIP: Case Summary & 5 Unsecured Creditors
------------------------------------------------------------
Debtor: Castillo I Partnership
        6360 Van Nuys Blvd Ste 204
        Van Nuys, CA 91401

Type of Business: Castillo I Partnership is a privately held
                  partnership in Van Nuys, California.  A sister
                  company, M.N.E. Funding, Inc., also sought
                  bankruptcy protection on Sept. 10, 2017 (Bankr.
                  C.D. Cal. Case No. 17-12420).

Chapter 11 Petition Date: December 18, 2017

Case No.: 17-13341

Court: United States Bankruptcy Court
       Central District of California (San Fernando Valley)

Judge: Hon. Martin R. Barash

Debtor's Counsel: Mark E Goodfriend, Esq.
                  LAW OFFICES OF MARK E GOODFRIEND
                  16055 Ventrua Blvd
                  Encino, CA 91436
                  Tel: 818-783-8866
                  Fax: 818-783-5445
                  E-mail: markgoodfriend@yahoo.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Ahron Zilberstein, general partner.

A full-text copy of the petition, along with a list of five
unsecured creditors, is available for free at
http://bankrupt.com/misc/cacb17-13341.pdf


CATHAY BANK: Fitch Raises LT IDR From BB+; Outlook Stable
---------------------------------------------------------
Fitch Ratings has upgraded Cathay Bank's long-term Issuer Default
Rating (IDR) to 'BBB-' from 'BB+' and Viability Rating (VRs) to
'bbb-' from 'bb+'. Fitch has also upgraded the companies'
short-term IDRs (IDRs) to 'F3' from 'B'. The Rating Outlook has
been revised to Stable from Positive.

At the same time, Fitch has affirmed Cathay General Bancorp's
(CATY) IDR at 'BB+' and VR at 'bb+'. The Rating Outlook has been
revised to Stable from Positive.

The rating action follows a periodic review of the midtier regional
banking group, which includes BankUnited, Inc. (BKU), BOK Financial
Corp. (BOKF), Cathay General Bancorp (CATY), East West Bancorp,
Inc. (EWBC), First Horizon National Corporation (FHN), First
National of Nebraska, Inc. (FNNI), Fulton Financial Corporation
(FULT), Hilltop Holdings Inc. (HTH), Synovus Financial Corp. (SNV),
Trustmark Corporation (TMRK), UMB Financial Corp. (UMBF), Umpqua
Holdings Corporation (UMPQ) and Wintrust Financial Corporation
(WTFC).

Company-specific rating rationales for the other banks are
published separately, and for further discussion of the large
regional bank sector in general, refer to the special report titled
'Midtier Regional Bank Periodic Review,' to be published shortly.

KEY RATING DRIVERS
IDRs and VRs
The action reflects CATY's consistently high levels of
profitability, improved asset quality and strong capital levels
such that, in Fitch's view, its risk profile is in line with
investment grade peers.

Profitability remains a rating strength for CATY. The company
reported an annualized return on average assets of 1.39% over the
first nine months of 2017, making it one of the best performing
banks in Fitch's midtier regional bank peer group. CATY is one of
the most efficient banks in the U.S. and reported an efficiency
ratio of 43.7% for the first nine month of this year. Earnings were
also supported by a significant improvement in the net interest
margin over the year as well as strong asset quality that resulted
in continued provision releases. Still, CATY's loan-loss-allowance
as a percentage of total loans was in line with the mid-tier peer
group median as of 3Q17.

The rating upgrade is also supported by CATY's success in working
out of legacy problem loans at reasonable loss levels. Fitch
calculates CATY's NPA ratio (inclusive of accruing TDRs) at 1.19%
as of 3Q17 which is lower than the Fitch mid-tier peer group
median. Absolute dollar NPA's declined by $2.2 million
year-over-year at 3Q17. CATY's average annualized NCO rate of 0.68%
over the last 40-quarters compared favorably relative to most
equally rated midtier peers. Fitch attributes this performance to
CATY's strong loan underwriting practices.

CATY grew loans organically by roughly 8% year-over-year as of
3Q17. Fitch views this level of growth as manageable relative to
the company's level of internal capital generation. However, Fitch
notes that growth at CATY and other midtier banks have exceeded
large regional peers. Fitch has a cautious view towards loan growth
at this point in the credit cycle, especially as rates are expected
to continue a normalizing trend while collateral valuations and
competitive conditions in CRE and construction lending remains
elevated.

CATY's strong levels of internal capital generation relative to
growth combined with a conservative dividend pay-out ratio of
30%-40% resulted in a capital build over the last year.
Accordingly, CATY's CET 1 ratio peaked at 13.26% in 2Q17. The
company's CET 1 ratio decreased by 42bps year-over-year as of 3Q17
despite the closing of CATY's acquisition of SinoPac Bancorp
(SinoPac) on July 14, which resulted in a 104bps decline in capital
relative to the linked quarter. Capital management has remained in
line with Fitch's expectations and further supports rating action.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The uninsured deposit ratings of Cathay Bank are rated one notch
higher than the bank's IDR and senior unsecured debt because U.S.
uninsured deposits benefit from depositor preference. U.S.
depositor preference gives deposit liabilities superior recovery
prospects in the event of default.

HOLDING COMPANY

CATY's VR and IDR is notched once level below Cathay Bank
reflecting Fitch view of more aggressive holding company liquidity
management relative to peers. Fitch notes that it is likely that
CATY will be reliant on dividend capacity and distributions from
Cathay Bank to cover the next 12 months-worth of shareholder
dividends and other cash outflows. Fitch is of the view that this
approach to liquidity management is not commensurate with an
investment grade rating.

SUPPORT RATING AND SUPPORT RATING FLOOR

CATY has a Support Rating (SR) of '5' and Support Rating Floor
(SRF) of 'NF'. In Fitch's view, the probability of support is
unlikely. IDRs and VRs do not incorporate any support.

RATING SENSITIVITIES
IDRs, VRs

Following rating action and revision of the Rating Outlook to
Stable, potential for further ratings upside is limited. Over the
longer term, should CATY's credit loss experience continue to
outperform equally rated peers all the while capital and earnings
are maintained above the peer median, positive rating action could
develop. Conversely, should CATY experience credit deterioration at
a rate faster than peers such that its earnings and capital metrics
converge with of fall below equally rated midtier peers, negative
ratings action will likely be taken.

CATY completed its merger with SinoPac on July 14, 2017 and the
merger of Cathay Bank and Far East National Bank (FENB) closed on
Oct. 27, 2017. The rating action incorporates Fitch's expectation
that CATY will successfully and smoothly integrate Sinopac and FENB
into its operations. Evidence to the contrary could place negative
pressure on the ratings.

Incorporated in CATY's ratings is Fitch's expectation that the
company will maintain high levels of capital relative to peers to
compensate for high levels growth and product concentration in its
loan book. The investor commercial real estate portfolio stood at
305% of Cathay Bank's risk-based capital as of 3Q17 (regulatory
definition). Accordingly, should CATY manage capital more
aggressively such that it such that its CET 1 ratio falls below the
median for the Fitch midtier peer group, negative ratings pressure
could develop.

Finally, subject to the successful integration of FENB, the rating
also factors in the possibility of further merger and acquisition
(M&A) activity by CATY. Such consolidation activity will not be
viewed negatively should it result in diversification of CATY's
loan portfolio, strengthening of the franchise and remain within
CATY's area of expertise. That said, Fitch baseline assumption is
that the M&A will also not result in either a material execution
and integrations risks or an outsized decline in capital ratios.
Fitch also assumes that future M&A will not place material strain
on the liquidity position of CATY or the bank.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The long- and short-term deposit ratings are sensitive to any
change to Cathay Bank's long- and short-term IDR.

HOLDING COMPANY

Over time, should CATY significantly improve the holding company
finances and liquidity such that cash flow coverage and liquidity
management practices align with Fitch expectations for investment
grade peers, positive ratings momentum could develop for CATY.

SUPPORT RATING AND SUPPORT RATING FLOOR

Since CATY's Support and Support Rating Floors are '5' and 'NF',
respectively, there is limited likelihood that these ratings will
change over the foreseeable future.

Fitch has upgraded the following ratings:

Cathay Bank
-- Long-term IDR to 'BBB-' from 'BB+'; Outlook revised to Stable
    from Positive;
-- Short-term IDR to 'F3' from 'B';
-- Viability Rating to 'bbb-' from 'bb+';
-- Long-term deposits to 'BBB' from 'BBB-'.

Fitch has affirmed the following ratings:

Cathay General Bancorp
-- Long-term at 'BB+'; Outlook revised to Stable from Positive;
-- Short-term IDR at 'B';
-- Viability Rating at 'bb+';
-- Support '5';
-- Support Floor 'NF'.

Cathay Bank
-- Support '5';
-- Support Floor 'NF'.
-- Short-term deposits at 'F3'.


CENTRAL LAUNDRY: Court Approves Affiliate's Disclosure Statement
----------------------------------------------------------------
Judge Eric L. Frank of the U.S. Bankruptcy Court for the Eastern
District of Pennsylvania has approved the Disclosure Statement of
Bellmawr Laundry LLC d/b/a Liberty Laundry dated October 31, 2017.

January 8, 2018 was set as the deadline for voting.  The Debtor
shall file a Report of Plan Voting on or before January 11, 2018.

The last day for filing of written objections to the confirmation
of the Plan is January 15, 2018.

The hearing on confirmation of the Debtor's Plan shall be held on
January 17, 2018 at 11:00 a.m.

A full-text copy of Judge Frank's order dated December 6, 2017 is
available at:

             http://bankrupt.com/misc/paeb17-13189-33.pdf

                    About Central Laundry Inc.

Central Laundry, Inc., which does business under the name Olympic
Linen, operates a commercial laundry and linen service for the
restaurant and hospitality industry.  Its headquarters is located
at 615 Industrial Park Drive, Lansdowne, Pennsylvania.

Central Laundry previously filed for Chapter 11 protection (Bankr.
E.D. Pa. Case No. 16-10666) on Feb. 1, 2016, estimating its assets
and liabilities of less than $50,000. Paul J. Winterhalter, Esq.,
at the Law Offices Of Paul J. Winterhalter, P.C., served as the
Debtor's bankruptcy counsel in the 2016 case.

Central Laundry, Inc. and its New Jersey-based affiliate Bellmawr
Laundry LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Pa. Case Nos. 17-13172 and 17-13189) on May 3,
2017.  The petitions were signed by George Rengepes, president and
member.

At the time of the filing, each of the Debtors estimated their
assets and debts at $1 million to $10 million.

The cases are assigned to Judge Eric L. Frank.

The Debtors tapped Maschmeyer Karalis P.C. as legal counsel, and
Asterion Inc. as financial advisor.

On October. 31, 2017, the Debtor filed a disclosure statement,
which explains its proposed Chapter 11 plan of reorganization.


CHARMING CHARLIE: Wants Financing From Bank of America & Wilmington
-------------------------------------------------------------------
Charming Charlie LLC and its affiliates ask for authorization from
the U.S. Bankruptcy Court for the District of Delaware to obtain
postpetition financing from Bank of America, N.A., as
administrative agent and collateral agent, and from Wilmington
Trust, National Association, as administrative agent.

The Debtors are requesting access to two postpetition financing
facilities provided by both tranches of the Debtors' prepetition
funded debt and authorization for the consensual use of cash
collateral.  The Debtors seek approval of a $35 million senior
secured asset-based loan provided by the Prepetition ABL Lenders
and a $60 million senior secured, delayed-draw term loan provided
by the Prepetition Term Loan Lenders, which will provide the
Debtors with $20 million of new-money financing (and an immediate
$10 million upon entry of the interim court order).  Together,
these two groups of stakeholders currently hold 100% of the
Debtors' Prepetition ABL Loans and over 80% of the Debtors' $132
million face amount of term loan debt, thus avoiding a potentially
value-destructive priming fight.  

If approved, the Debtors will use the proceeds of the DIP
Facilities to, among other things: (a) fund the Debtors' general
and corporate operating needs during the contemplated time period
of these Chapter 11 cases, including turning back on the flow of
inventory to the Debtors' shelves and implementing the Debtors'
strategic business plan; (b) upon entry of the interim court order,
repay the Debtors' outstanding ABL facility in full; and (c) upon
entry of the final court order, satisfy $40 million of the
Debtors’ outstanding term loan facility in full.

Obtaining an immediate injection of cash is critical to the Debtors
remaining a go-forward enterprise.  Without access to the liquidity
provided by the DIP Facilities and access to their Cash Collateral,
the Debtors will continue to suffocate from a lack of inventory and
operations will come to a standstill.  By contrast, the immediate
liquidity made available by the DIP Facilities on an interim basis
will, when combined with the anticipated cost savings from store
closures and revenues from store closing sales related to the
Debtors' store fleet optimization, put the Debtors on the first
steps to a turnaround.  Just as the Debtors' "Back-to-Basics"
strategy is intended to give the customer what she wants better and
more efficiently, the DIP Facilities -- and the restructuring
support agreement with which they work hand-in-glove -- provide the
Debtors with the breathing room they need to improve their
operations and streamline their balance sheet.

For these reasons, and for the reasons set forth below, in the
Erickson Declaration and the First Day Declaration, the Debtors
firmly believe that incurrence of the DIP Facilities will maximize
value for the Debtors' stakeholders and is in the exercise of the
Debtors' sound business judgment.  Accordingly, the Debtors
respectfully request that the Court approve the entry of the
Interim Order and the Final Order.

The Debtors seek court order:

     a. authorizing the Debtors to obtain senior secured
        postpetition financing on a superpriority basis in the
        aggregate principal amount of up to $35 million, which
        will include a $15,000,000 sublimit for the issuance of
        letters of credit, pursuant to the terms and conditions of
        that certain Senior Secured, Super-Priority Debtor-In-
        Possession Credit Agreement, by and among the Borrowers,
        the Guarantors, and Bank of America, N.A., as
        administrative agent and collateral agent for and on
        behalf of itself and the other lenders party thereto;

     b. authorizing the Debtors to execute and deliver the DIP ABL

        Agreement and any other agreements, instruments, pledge
        agreements, guarantees, control agreements and other Loan
        Documents and documents related thereto and to perform
        such other acts as may be necessary or desirable in
        connection with the DIP ABL Documents;

     c. granting the DIP ABL Facility and all obligations owing
        thereunder and under, or secured by, the DIP ABL Documents

        to the DIP ABL Agent and the DIP ABL Lenders allowed
        superpriority administrative expense claim status in each
        of the cases and any successor cases;

     d. authorizing the Debtors to obtain senior secured
        postpetition financing on a superpriority basis in the
        aggregate principal amount of $60 million, consisting of
        (a) a $20 million in aggregate principal amount of new
        money multiple draw term loan facility, which will be made
        available to the Debtors on the terms and subject to the
        conditions set forth in the DIP Term Loan Agreement, and
        (b) subject to entry of the Final Order, $40 million in
        aggregate principal amount of term loans resulting from
        the "roll-up" of amounts outstanding under the
        Prepetition Term Loan Agreement, pursuant to the terms and

        conditions of that certain Senior Secured Super-Priority
        Debtor-in-Possession Term Loan and Guarantee Agreement, by

        and among the Company, as borrower, CC USA and the
        Guarantors as guarantors, and Wilmington Trust, N.A., as
        administrative agent and collateral agent for and on
        behalf of itself and the other lenders party thereto;

     e. authorizing the Debtors to execute and deliver the DIP
        Term Loan Agreement and any other agreements, instruments,

        pledge agreements, guarantees, control agreements, and
        other Loan Documents and documents related thereto, and to

        perform other acts as may be necessary or desirable in
        connection with the DIP Term Loan Documents;

     f. granting the DIP Term Loan Facility and all obligations
        owing thereunder and under, or secured by, the DIP Term
        Loan Documents to the DIP Term Loan Agent and DIP Term
        Loan Lenders allowed superpriority administrative expense
        claim status in each of the Cases and any Successor Cases;

     g. granting to each of (a) the DIP ABL Agent, for the benefit

        of itself and the DIP ABL Lenders and each other Secured
        Party under the applicable DIP Documents and (b) the DIP
        Term Loan Agent, for the benefit of itself and the DIP
        Term Loan Lenders and each other Secured Party under the
        applicable DIP Documents, automatically perfected security
        interests in and liens on all of the DIP Collateral;

     h. authorizing the Debtors to pay the principal, interest,
        fees, expenses and other amounts payable under the DIP
        Documents as such become earned, due and payable,
        including, letter of credit fees, continuing commitment
        fees, closing fees, audit fees, appraisal fees, valuation
        fees, liquidator fees, structuring fees, administrative
        agent's fees, the reasonable fees and disbursements of the
        DIP Agents' attorneys, advisors, accountants and other
        consultants, all to the extent provided in, and in
        accordance with, the DIP Documents;

     i. authorizing the Debtors to use the Prepetition Collateral,
        including the Cash Collateral of the Prepetition ABL
        Parties under the Prepetition ABL Documents and the
        Prepetition Term Loan Parties under the Prepetition Term
        Loan Documents, and providing adequate protection to the
        Prepetition ABL Parties and Prepetition Term Loan Parties
        for any diminution in value of their respective interests
        in the Prepetition Collateral, including the Cash
        Collateral, resulting from the imposition of the automatic

        stay, the Debtors' use, sale, or lease of the Prepetition
        Collateral, including Cash Collateral, the priming of
        their respective interests in the Prepetition Collateral
        of their respective interests in the Prepetition
        Collateral, including the Cash Collateral.

DIP ABL Credit Facility

Maturity date for the loan is June 8, 2018.

The Obligations will bear interest as follows: (a) if a Prime Rate
Loan, at a rate per annum equal to the Prime Rate plus the
Applicable Margin and (b) if a LIBOR Loan, at a rate per annum
equal to the LIBOR Rate for such Interest Period plus the
Applicable Margin.  Applicable Margin means (a) in the case of
LIBOR Loans, 3.50% per annum and (b) in the case of Prime Rate
Loans, 2.50% per annum.

During any Event of Default, the Administrative Agent may (and will
at the direction of Required Lenders) elect to apply Default Rate
interest.

The proceeds of Loans will be used by the Borrowers solely on or
after the Closing Date to fund the Chapter 11 cases in accordance
with the approved budget and for the financing of the Lead
Borrower's and its Subsidiaries' ordinary working capital, letters
of credit and other general corporate needs including certain fees
and expenses of professionals retained by the Loan Parties, subject
to the Carve-Out, and for certain other Pre-Petition and pre-filing
expenses that are approved by the Court and permitted by the
Approved Budget and to pay the Pre-Petition Obligations, including
as provided in Section 2.01(d).

Subject to and subordinate to the Carve Out as set forth in the
Interim Order, pursuant to Sections 361, 363(e), and 364(d) of the
Bankruptcy Code, as adequate protection of the interests of the
Prepetition ABL Parties in the Prepetition Collateral against any
Diminution in Value of interests in the Prepetition Collateral, the
Debtors hereby grant to the Prepetition ABL Agent, for the benefit
of itself and the Prepetition ABL Parties, continuing, valid,
binding, enforceable, and perfected postpetition security interests
in and liens on all DIP Collateral.

The Prepetition ABL Agent, on behalf of itself and the Prepetition
ABL Parties, is granted as and to the extent provided by section
507(b) of the Bankruptcy Code an allowed superpriority
administrative expense claim in each of the Cases and any Successor
Cases.

As further adequate protection, the Debtors are authorized and
directed to provide adequate protection to the Prepetition ABL
Parties in the form of payment in cash (and as to fees and
expenses, without the need for the filing of a formal fee
application) of (i) solely to the extent that any Prepetition ABL
Obligations remain outstanding after entry of the Interim Order,
interest [(at the default rate)] and principal due under the
Prepetition ABL Documents, (ii) immediately upon entry of the
Interim Order, payment of the reasonable and documented fees,
out-of-pocket expenses, and disbursements (including the reasonable
and documented fees, out-of-pocket expenses, and disbursements of
counsel, financial advisors, auditors, third-party consultants, and
other vendors) incurred by the Prepetition ABL Agent arising prior
to the Petition Date, and (iii) the reasonable and documented fees,
out-of-pocket expenses, and disbursements (including the reasonable
and documented fees, out-of-pocket expenses, and disbursements of
counsel, financial advisors, auditors, third-party consultants, and
other vendors) incurred by the Prepetition ABL Agent arising
subsequent to the Petition Date; provided, however, that during the
continuance of an Event of Default, any payments to the Prepetition
ABL Agent will be made solely from DIP ABL Priority Collateral.

Upon the commencement of a challenge, the Debtors are further
authorized to pay to the Prepetition ABL Agent, for the benefit of
the Prepetition ABL Parties, $500,000 into a non-interest bearing
account maintained at [Bank of America, N.A.] to secure contingent
indemnification, reimbursement or similar continuing obligations
arising under or related to the Prepetition ABL Documents.  The
Prepetition ABL Indemnity Reserve shall secure all costs, expenses,
and other amounts (including reasonable and documented attorneys'
fees) incurred by the Prepetition ABL Agent and the Prepetition ABL
Lenders in connection with or responding to any Challenge against
the Prepetition ABL Agent or Prepetition ABL Lenders related to the
Prepetition ABL Documents, the Prepetition ABL Obligations, or the
Prepetition ABL Liens granted to the Prepetition ABL Agent, as
applicable, whether in these cases or independently in another
forum, court, or venue.  The Prepetition ABL Indemnity Obligations
will be secured by a first lien on the Prepetition ABL Indemnity
Reserve and the funds therein and by a lien on the Prepetition
Collateral (subject in all respects to the Intercreditor
Agreement).

The outstanding Obligations will be subject to prepayment as
follows:

     -- if at any time the sum of (i) the amount of Total
        Outstandings and (ii) the aggregate amount of Pre-Petition

        Credit Extensions causes Excess Availability to be less
        than zero, the Borrowers will, immediately (1) prepay,
        first, the Pre-Petition Loans (in the order and manner
        provided in the Pre-Petition Credit Agreement) and,
        second, the Loans in an amount necessary to eliminate such

        deficiency; and (2) if, after giving effect to the
        prepayment in full of all Pre-Petition Loans and
        outstanding Loans such deficiency has not been eliminated,

        Cash Collateralize Letter of Credit Outstandings in an
        amount necessary to eliminate such deficiency;

     -- the Loans will be repaid daily in accordance with (and to
        the extent required under) the provisions of Section 2.16.
      
        During the period between the Closing Date and payment in
        full of all Pre-Petition Obligations (including all
        accrued and unpaid interest thereon and fees, but         
        excluding all contingent indemnification obligations and
        other contingent obligations relating to Pre-Petition
        Obligations), Cash Receipts and other amounts may be
        applied to the Pre-Petition Obligations in accordance with

        the foregoing sentence and in a manner satisfactory to the

        Administrative Agent;

     -- the Borrowers will repay the Obligations as required
        pursuant to Section 2.13(b).

Optional Prepayment of Revolving Credit Loans

The Borrowers will have the right at any time and from time to time
to prepay without premium or penalty (but subject to payment of
Breakage Costs as provided herein) (without a reduction in the
Total Commitments) outstanding Loans in whole or in part, (x) with
respect to LIBOR Loans, upon at least three (3) Business Days'
prior written, telex or facsimile notice to the Administrative
Agent, prior to 11:00 a.m., and (y) with respect to Prime Rate
Loans, on the same Business Day as such notice is furnished to the
Administrative Agent, prior to 11:00 a.m., provided that, in the
case of either (x) or (y), any prepayments will be applied, first,
to the Pre-Petition Loans (in the order and manner provided in the
Pre-Petition Credit Agreement) and then to the Loans, subject in
each case to the following limitations:

        -- subject to Section 2.15, all prepayments will be paid
           to the Administrative Agent for application to the
           prepayment of outstanding Revolving Credit Loans
           ratably in accordance with each Lender’s Commitment
           Percentage;

        -- subject to the foregoing, outstanding Prime Rate Loans
           of the Borrowers will be prepaid before outstanding
           LIBOR Loans of the Borrowers are prepaid (except as
           otherwise directed by the Borrowers).  Each partial
           prepayment of LIBOR Loans will be in an integral
           multiple of $100,000 (but in no event less than
           $2 million).

No prepayment of LIBOR Loans will be permitted pursuant to this
Section 2.14 prior to the last day of an Interest Period applicable
thereto, unless the Borrowers reimburse the Lenders for all
Breakage Costs associated therewith.  No partial prepayment of a
Borrowing of LIBOR Loans will result in the aggregate principal
amount of the LIBOR Loans remaining outstanding pursuant to
borrowing being less than $2 million (unless all outstanding LIBOR
Loans are being prepaid in full).

Each notice of prepayment will specify (1) the prepayment date, (2)
the principal amount and Type of the Loans to be prepaid, and (3)
in the case of LIBOR Loans, the borrowing or borrowings pursuant to
which such Loans were made.  Each notice of prepayment will be
revocable, provided that the Borrowers will reimburse the Lenders
for all Breakage Costs associated with the revocation of any notice
of prepayment.  The Administrative Agent will, promptly after
receiving notice from the Lead Borrower hereunder, notify each
applicable Lender of the principal amount and Type of the Loans
held by such Lender which are to be prepaid, the prepayment date,
and the manner of application of the prepayment.

Repayment of Indebtedness

Without limiting any other provision hereof, except pursuant to the
Approved Budget, without express prior written consent of the
Administrative Agent and pursuant to an order of the Court
(including any Order) after notice and a hearing, no Loan Party
will make any payment or transfer with respect to any Lien or
Indebtedness incurred or arising prior to the Petition Date that is
subject to the automatic stay provisions of the Bankruptcy Code
whether by way of adequate protection under the Bankruptcy Code or
otherwise.

In consideration of the Administrative Agent's and the ABL Term
Loan Agent's services under the DIP credit facilities, the
Borrowers will pay aggregate fees on the Closing Date described in
separate fee letters, in an aggregate amount of $690,000.

The Borrowers will pay to the Administrative Agent and the
Arranger, for their respective accounts, fees as set forth in the
DIP ABL Agreement.

The Borrowers will pay the Administrative Agent, for the account of
the Lenders, an aggregate fee equal to the 0.375% per annum of
undrawn Commitments.

The Borrowers will pay the Administrative Agent, for the account of
the Lenders who are then participating in the Letters of Credit, a
fee equal to the following per annum percentages of the average
face amount of the following categories of Letters of Credit
outstanding during the monthly period then ended: (i) with respect
to Standby Letters of Credit, at a rate per annum equal to the then
Applicable Margin for LIBOR Loans; and (ii) with respect to
Commercial Letters of Credit, at a rate per annum equal to 50% of
the then Applicable Margin for LIBOR Loans.

The Borrowers will pay to the Issuing Bank, in addition to all
Letter of Credit Fees, (i) the reasonable and customary the
reasonable and customary fees and charges of the Issuing Bank in
connection with the negotiation, settlement and amendment of each
Letter of Credit issued by the Issuing Bank, and (ii) a fronting
fee equal to one-eighth of one percent (0.125%) on the amount of
all Letters of Credit.  

DIP Term Loan Facility

The DIP Term Loan Facility will mature on the earlier of June 8,
2018, (ii) the earlier of (x) 35 days after the Interim Order Entry
Date if the Final Order Entry Date has not occurred by such date
and (y) the first business day on which the Interim Order expires
by its terms or is terminated, unless the Final Order has been
entered into and become effective prior thereto, (iii) the
effective date of an Acceptable Reorganization Plan, (v) the Final
Order Entry Date, if the Final Order does not approve the Roll-Up
DIP Loans (as defined herein), (vi) the date on which the
Obligations become due and payable pursuant to this Agreement,
whether by acceleration or otherwise, (vii) the date of
consummation of a sale of all or substantially all of the Debtors'
assets under Section 363 of the Bankruptcy Code, (e) the date of
conversion of any of the Cases to a case under Chapter 7 of the
Bankruptcy Code unless otherwise consented to in writing by the
Required Lenders, and (viii) dismissal of any of the Cases, unless
otherwise consented to in writing by the Required Lenders.

Initial Term Loan Commitment is $10 million.  

The aggregate amount of Delayed Draw Term Commitments of
$10 million.

Upon entry of the Final Order, $40 million of Prepetition Term
Obligations will be rolled-up and constitute Obligations under the
DIP Term Loan Agreement.

The Obligations consisting of New Money DIP Loans and Roll-Up DIP
Loans shall bear interest: (i) if a Base Rate Loan, at the Base
Rate plus the Applicable Margin and (ii) if a LIBOR Loan, at the
LIBOR Rate for the Interest Period applicable thereto plus the
Applicable Margin.  Applicable Margin means (x) in the case of New
Money DIP Loans maintained as (i) New Money DIP Loans maintained as
Base Rate Loans, 3.50% and (ii) LIBOR Loans, 4.50% and (y) in the
case of Roll-Up DIP Loans maintained as (i) Base Rate Loans, 1.00%
and (ii) LIBOR Loans, 1.00%.

Upon the occurrence and during the continuance of an Event of
Default, upon request of the Required Lenders (but from the date of
incurrence), all principal and, to the extent permitted by law,
overdue interest in respect of each Term Loan and other overdue
amounts shall, in each case, bear interest at a rate per annum
equal to the rate which is 2% in excess of the all-interest rate
applicable to Term Loans that are maintained as Base Rate Loans. .

All proceeds of the Term Loans will be used for working capital and
general corporate purposes of the Loan Parties and their
Subsidiaries and to pay fees, costs and expenses incurred in
connection with the transactions contemplated hereby and other
administrative costs incurred in connection with the Cases, all in
a manner consistent with the Approved Budget.  No part of any Term
Loan (or the proceeds thereof) will be used to purchase or carry
any Margin Stock or to extend credit for the purpose of purchasing
or carrying any Margin Stock.

As adequate protection of the interests of the Prepetition Term
Loan Parties in the Prepetition Collateral against any Diminution
in value of interests in the Prepetition Collateral, the Debtors
hereby grant to the Prepetition Term Loan Agent, for the benefit of
itself and the Prepetition Term Loan Parties, continuing, valid,
binding, enforceable, and perfected postpetition security interests
in and liens on all DIP Collateral.

As further adequate protection of the interests of the Prepetition
Term Loan Parties in the Prepetition Collateral against any
Diminution in Value of interests in the Prepetition Collateral, the
Prepetition Term Loan Agent, on behalf of itself and the
Prepetition Term Loan Parties, is granted as and to the extent
provided by section 507(b) of the Bankruptcy Code an allowed
superpriority administrative expense claim in each of the cases and
any Successor Cases.

As further adequate protection, the Debtors are authorized and
directed to provide adequate protection to the Prepetition Term
Loan Parties in the form of payment in cash, without the need for
the filing of formal fee applications: (i) immediately upon entry
of the Interim Order, the reasonable and documented fees,
out-of-pocket expenses, and disbursements incurred by (a) the
Prepetition Term Loan Agent, including the reasonable and
documented fees, out-of-pocket expenses, and disbursements incurred
by (I) Covington & Burling LLP, as counsel to the Prepetition Term
Loan Agent, and (II) Pepper Hamilton LLP, as co-counsel to the
Prepetition Term Loan Agent, and (b) the Consenting Term Loan
Committee, including the reasonable and documented fees,
out-of-pocket expenses, and disbursements incurred by (I) Paul,
Weiss, Rifkind, Wharton & Garrison LLP, as counsel to the
Consenting Term Loan Committee, (II) Young Conaway Stargatt &
Taylor, LLP, as co-counsel to the Consenting Term Loan Committee,
and (III) FTI Consulting, as financial advisor to the Consenting
Term Loan Committee arising prior to the Petition Date; and (ii)
the reasonable and documented fees, out-of-pocket expenses, and
disbursements (including the reasonable and documented fees,
out-of-pocket expenses, and disbursements of counsel, financial
advisors, auditors, third-party consultants, and other vendors)
incurred by (a) the Prepetition Term Loan Agent, including the
reasonable and documented fees, out-of-pocket expenses, and
disbursements incurred by (I) Covington & Burling LLP, as counsel
to the Prepetition Term Loan Agent, and (II) Pepper Hamilton LLP,
as co-counsel to the Prepetition Term Loan Agent, and (b) the
Consenting Term Loan Committee, including the reasonable and
documented fees, out-of-pocket expenses, and disbursements incurred
by (I) Paul, Weiss, Rifkind, Wharton & Garrison LLP, as counsel to
the Consenting Term Loan Committee, (II) Young Conaway Stargatt &
Taylor, LLP, as co-counsel to the Consenting Term Loan Committee,
and (III) FTI Consulting, as financial advisor to the Consenting
Term Loan Committee, arising subsequent to the Petition Date;
provided, however, that during the continuance of an Event of
Default, any payments to the Prepetition Term Loan Parties will be
made solely from the DIP Term Priority Collateral.  Upon the
commencement of a Challenge, the Debtors are further authorized and
directed to pay to the Prepetition Term Loan Agent, for the benefit
of the Prepetition Term Loan Parties, $500,000 into a non-interest
bearing account maintained at an account to be designated by the
Prepetition Term Loan Agent to secure contingent indemnification,
reimbursement or similar continuing obligations arising under or
related to the Prepetition Term Loan Documents.  The Prepetition
Term Loan Indemnity Reserve will secure all costs, expenses, and
other amounts incurred by the Prepetition Term Loan Agent and the
Prepetition Term Loan Lenders in connection with or responding to
any challenge against the Prepetition Term Loan Agent or
Prepetition Term Loan Lenders related to the Prepetition Term Loan
Documents, the Prepetition Term Loan Obligations, or the
Prepetition Term Loan Liens granted to the Prepetition Term Loan
Agent, as applicable, whether in these Cases or independently in
another forum, court, or venue, The Prepetition Term Indemnity
Obligations shall be secured by a first lien on the Prepetition
Term Loan Indemnity Reserve and the funds therein and by a lien on
the Prepetition Collateral.

The Prepetition Term Loan Agent and Prepetition Term Loan Lenders
may apply amounts in the Prepetition Term Loan Indemnity Reserve
against the Prepetition Term Indemnity Obligations as and when they
arise, without further notice to or consent from the Debtors, a
Committee (if appointed), or any other parties in interest and
without further order of the Court.  The Prepetition Term Loan
Agent will retain and maintain the Prepetition Term Loan Liens
granted to the Prepetition Term Loan Agent as security for the
amount of any Prepetition Term Indemnity Obligations not capable of
being satisfied from application of the funds on deposit in the
Prepetition Term Loan Indemnity Reserve; provided, that (i) any
such indemnification claims will be subject to the terms of the
Prepetition Term Loan Documents (including with respect to
application of proceeds), (ii) the rights of parties in interest
with requisite standing to object to any indemnification claim(s)
are hereby reserved in accordance with paragraph 43 of the Interim
Order, and (iii) the Court will reserve jurisdiction to hear and
determine any such disputed indemnification claim(s).  

The Prepetition Term Loan Indemnity Reserve will be subject to the
DIP Liens and the Adequate Protection Liens, subject to the
priority set forth herein.  The Prepetition Term Loan Indemnity
Reserve will be released and the funds applied in accordance with
paragraph 24 of the Interim Order upon the indefeasible payment in
full in cash of the Prepetition Term Loan Obligations and the
receipt by the Prepetition Term Loan Agent and the Prepetition Term
Loan Lenders of releases from the Debtors and their estates
(including any applicable liquidator), with respect to any claims
arising out of or related to the Prepetition Term Loan Agreement
and the Prepetition Term Loan Documents, acceptable to the
Prepetition Term Loan Agent and each other Prepetition Term Loan
Lender in their sole discretion.

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

            http://bankrupt.com/misc/deb17-12906-21.pdf

                  About Charming Charlie Holdings

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.


CHEROKEE PHARMACY: Trustee Taps Pharmacy Consulting as Agent
------------------------------------------------------------
Douglas R. Johnson, the Chapter 11 Trustee of Cherokee Pharmacy &
Medical Supply, Inc., and its debtor-affiliates, seeks authority
from the U.S. Bankruptcy Court for the Eastern District of
Tennessee to employ Pharmacy Consulting Associates as consulting
agent to the Trustee.

The Chapter 11 Trustee requires Pharmacy Consulting to procure a
buyer of the Debtors' assets and represent the interests of the
Trustee through closing, together with consulting services in the
day to day management of the Debtors.

Pharmacy Consulting will be paid at $200 per hour.  Sales efforts
will be compensated at 6% of the sales price of the assets sold,
inclusive of the inventory, subject to court approval.

Marc H. Wank, managing partner of Pharmacy Consulting Associates,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Pharmacy Consulting can be reached at:

     Marc H. Wank
     PHARMACY CONSULTING ASSOCIATES
     7051 Highway 70 S., Suite 310
     Nashville, TN 37221
     Tel: (484) 883-8804

          About Cherokee Pharmacy & Medical Supply, Inc.

Based in Dalton, Georgia, Cherokee Pharmacy & Medical Supply, Inc.
and its affiliates filed Chapter 11 petitions (Bankr. E.D. Tenn.
Lead Case No. 17-11920) on April 28, 2017.  The petitions were
signed by D. Terry Forshee, president. In its petition, Cherokee
Pharmacy estimated assets of less than $50,000 and liabilities of
$1,000,001 to $10,000,000.

Judge Nicholas W. Whittenburg presides over the cases.

David J. Fulton, Esq., at Scarborough & Fulton serves as bankruptcy
counsel. The Debtor hired Harting, Bishop & Arrendale, PLLC as its
accountant.

Douglas Johnson has been appointed Chapter 11 trustee.


CHICAGO CENTRAL: Seeks to Hire CBRE as Appraiser
------------------------------------------------
Chicago Central, LLC, and its debtor-affiliates seek authority from
the U.S. Bankruptcy Court for the Western District of Oklahoma to
employ CBRE, Inc., as appraiser to the Debtors.

Chicago Central requires CBRE to:

   -- appraise the value of the capital lease of the Debtors'
      commercial real estate located at 2040 East Independence
      Avenue, Springfield, Missouri; and

   -- prepare a report documenting the appraised value of the
      property.

CBRE will be paid a $4,500 flat fee.

Christopher Williams, director of CBRE, Inc., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

CBRE can be reached at:

     Christopher Williams
     CBRE, INC.
     3401 NW 63rd St., Suite 400
     Oklahoma City, OK 73116
     Tel: (405) 272-5300
     E-mail: Christopher.williams@cbre.com

              About Chicago Central, LLC

Chicago Central, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Okla. Case No. 17-13704) on Sept. 15, 2017.  The
petition was signed by William C. Liedtke, III, its manager. In its
petition, the Debtor estimated $1 million to $10 million in assets
and $10 million to $50 million in liabilities. The Hon. Sarah A.
Hall presides over the case. Crowe & Dunlevy is the Debtor's
counsel.  D.R. Payne & Associates, Inc., is the Debtor's financial
advisors and financial accountants.


CHOICE HOTELS: S&P Affirms 'BB+' CCR on WoodSpring Acquisition
--------------------------------------------------------------
S&P Global Ratings affirmed its 'BB+' corporate credit rating on
Rockville, Md.-based Choice Hotels International Inc., following
the company's announcement that it has entered into an agreement to
purchase the brands, franchise agreements, and marketing and
franchise development business of extended-stay lodging company
WoodSpring Hotels for $231 million. The company intends to fund the
purchase using borrowings under its existing revolving credit
facility. The outlook is stable.

S&P said, "The 'BB+' corporate credit rating affirmation reflects
our expectation that Choice will sustain our measure of
lease-adjusted debt to EBITDA in the low-3x area and funds from
operations (FFO) to debt in the high-teens percentage area through
2019. We are affirming the corporate credit rating despite the
additional debt from the proposed acquisition because the existing
rating and base-case forecast already incorporated our expectation
for Choice to make periodic leveraging transactions or returns to
shareholders that could increase leverage up to 4x, in line with
the high end of its policy range. Our debt to EBITDA upgrade
threshold for Choice is 4x, and this level of leverage might
otherwise be associated with a higher rating; however, our forecast
for FFO to debt continues to be hurt by the significant borrowings
Choice completed to pay its special dividend in 2012.

"We are unlikely to consider higher ratings until we are confident
that Choice is willing to sustain our measure of debt to EBITDA
below 4x and FFO to debt above 20%. Our current FFO to debt
forecast is in the high-teens percentage area even though debt to
EBITDA is at the low end of Choice's policy range of 3x-4x;
therefore, we believe it is unlikely that Choice will sustain our
measure of FFO to debt above 20%.

"The stable outlook reflects sufficient leverage capacity at Choice
to accommodate the leveraging impact of the proposed acquisition.
Our rating on Choice already incorporates an expectation that
Choice will make acquisitions or shareholder returns that keep
leverage in line with its policy of 3x-4x gross debt to EBITDA,
which translates into our core leverage measure of FFO to debt
below 20%.   

"Rating downside is limited at this time because we expect modest
growth in Choice's RevPAR over the next two years and the company
has significant debt capacity for its current rating. However, we
could lower the rating if Choice pursues additional debt-financed
acquisitions or more significant returns to shareholders, such that
total adjusted debt to EBITDA is sustained above 5x and FFO to
total debt is sustained below 12%.

"We could raise our rating if we believe Choice will sustain debt
to EBITDA below 4x and FFO to debt above 20%. However, Choice's
current financial policy, allowing debt to EBITDA to increase up to
4x, currently constrains the rating."


CIT GROUP: S&P Affirms 'BB+/B' Corp. Credit Ratings, Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings said it affirmed its 'BB+/B' long- and
short-term issuer credit ratings on CIT Group Inc. and its 'BBB-'
long-term issuer credit rating on CIT Bank N.A. The outlook on the
long-term ratings remains stable. At the same time, S&P affirmed
its 'BB+' senior unsecured debt ratings and 'B+' preferred stock
rating.

CIT is executing its transition to a national bank for lending and
leasing to the middle market and small businesses. Significant
steps in this transition include the acquisition of One West Bank,
the disposition of international businesses, and the sale of CIT
Commercial Air, which significantly reduced leasing assets outside
of its banking subsidiary. Since 2015, deposits have increased to
78% of funding from 64%, assets in CIT Bank have increased to 82%
from 65%, and operating leases have decreased to 18% of assets from
33%. Therefore, S&P is now applying its bank criteria, instead of
its nonbank financial institutions criteria, to rate CIT.

S&P said, "The stable outlook reflects our expectation that over
the next 12 months CIT will look to reduce its capital
ratios--mostly through a significant increase in shareholder
distributions--but will maintain a RAC ratio above 10%. We also
expect it to continue to report low net charge-offs amid the
currently benign economic conditions and take further steps to
improve its funding and the strength of its franchise. We expect
its net charge-offs to rise somewhat above those of more
traditional bank peers over the next few years.

"We could lower the ratings if CIT's capital adequacy deteriorates
and its RAC ratio falls below 10%, particularly if that occurs
before the company can significantly strengthen its business
position and funding and demonstrate a longer track record of solid
credit quality. Also, we could lower the ratings if credit losses
unexpectedly spike. A one-notch downgrade in the group credit
profile would result in a two-notch downgrade of the holding
company.

"An upgrade is not likely in the next 12 months. Longer term, we
could raise the ratings if CIT maintains strong capitalization and
ample liquidity, improves its risk-adjusted profitability and
deposit funding, and demonstrates a longer track record of credit
losses only somewhat above those of more traditional bank peers."


CITY WIDE INVESTMENTS: Seeks Access to Cash Until Plan Confirmation
-------------------------------------------------------------------
City Wide Investments, LLC, asks the U.S. Bankruptcy Court for the
District of Colorado to approve its continued use of cash
collateral through December 31, 2018, or the Effective Date of a
plan of reorganization in this case, whichever first occurs.

The Debtors owns and operates rental properties in Milwaukee.
Several of its properties are owned free and clear of mortgages.
The Debtor owns a duplex at 5437 North 38th Street, Milwaukee, that
is subject to a first priority perfected mortgage to First Citizens
State Bank, with a regular monthly mortgage payment of $776.86
(including tax escrow) and an outstanding balance of approximately
$44,240 as of the Petition Date.

The Debtor also owns a single family home at 2146 South 16th
Street, Milwaukee, that is subject to a first priority perfected
mortgage to Waterstone Bank, with a current regular monthly
mortgage payment of $394.08 (including tax escrow) and an
outstanding balance of approximately $15,500 as of the Petition
Date.

The Debtor proposes to continue paying First Citizens and
Waterstone Bank their respective regular monthly mortgage payments,
including tax escrow. In addition, the Debtor will continue to keep
the properties insured.

The final order previously entered in this case (on May 12, 2017)
authorizing final use of cash collateral and adequate protection
contemplated the use of cash collateral through December 31, 2017.
The Debtor had anticipated confirming a plan by that date. However,
the City of Milwaukee's appeal from the order for judgment and
judgment the Court entered on October 3, 2017, in City Wide
Investments, LLC v. City of Milwaukee, Adversary Proceeding No.
17-02115, has delayed matters. Since the Debtor intends to use
funds collected from the City of Milwaukee, in part, to finance its
plan, the Debtor accordingly requests the use of cash collateral
through December 31, 2018, or the Effective Date of a plan of
reorganization in this case, whichever first occurs.

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

            http://bankrupt.com/misc/wieb17-22900-52.pdf

                   About City Wide Investments

City Wide Investments, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Wis. Case No. 17-22900) on April 3, 2017.  John
Nazario, member, signed the petition.  At the time of filing, the
Debtor estimated $100,000 to $500,000 in  assets and $500,000 to $1
million in liabilities.

Leonard G. Leverson, Esq., at Leverson Lucey & Metz SC serves as
bankruptcy counsel; and Commercial Property Consultants, Inc., is
the appraiser.


CLA PROPERTIES: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Affiliates that simultaneously filed Chapter 11 bankruptcy
petitions:

      Debtor                                  Case No.
      ------                                  --------
      CLA Properties SPE, LLC                 17-14851
      14631 N. Scottsdale Rd., #200
      Scottsdale, AZ 85254

      CLA Maple Grove, LLC                    17-14852
      14631 N. Scottsdale Rd., #200
      Scottsdale, AZ 85254

      CLA Carmel, LLC                         17-14854
      14631 N. Scottsdale Rd., #200
      Scottsdale, AZ 85254

      CLA West Chester, LLC                   17-14855
      14631 N. Scottsdale Rd., #200
      Scottsdale, AZ 85254

      CLA One Loudoun, LLC                    17-14856
      CLA Fishers, LLC                        17-14857
      CLA Chanhassen, LLC                     17-14858
      CLA Ellisville, LLC                     17-14859
      CLA Farm, LLC                           17-14861
      CLA Westerville, LLC                    17-14862

About the Debtors: CLA Properties SPE, et al., are privately held
                   companies based in Scottsdale, Arizona.

Chapter 11 Petition Date: December 18, 2017

Court: United States Bankruptcy Court
       District of Arizona (Phoenix)

Judges: Hon. Brenda Moody Whinery (17-14851)
        Hon. Daniel P. Collins (17-14852)
        Hon. Paul Sala (17-14854 and 17-14862)
        Hon. Madeleine C. Wanslee (17-14855)

Debtors' Counsel: Michael W. Carmel, Esq.
                  MICHAEL W. CARMEL, LTD.
                  80 E. Columbus Ave
                  Phoenix, AZ 85012-4965
                  Tel: 602-264-4965
                  Fax: 602-277-0144
                  E-mail: michael@mcarmellaw.com

Assets and liabilities:

                    Estimated Assets   Estimated Liabilities
                    ----------------   ---------------------
CLA Properties   $1 million-$10 million  $1 million-$10 million
CLA Maple Grove  $1 million-$10 million  $1 million-$10 million
CLA Carmel       $1 million-$10 million  $1 million-$10 million
CLA West Chester $1 million-$10 million  $1 million-$10 million
CLA Westerville  $1 million-$10 million  $1 million-$10 million

Richard Sodja, authorized representative, signed the petitions.

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

Full-text copies of the petitions are available for free at:

           http://bankrupt.com/misc/azb17-14851.pdf
           http://bankrupt.com/misc/azb17-14852.pdf
           http://bankrupt.com/misc/azb17-14854.pdf
           http://bankrupt.com/misc/azb17-14855.pdf
           http://bankrupt.com/misc/azb17-14862.pdf


CLINTON NURSERIES: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------------
Lead Debtor: Clinton Nurseries, Inc.
             517 Pond Meadow Road
             Westbrook, CT 06498

Type of Business: Founded in 1921, Clinton Nurseries operates
                  nurseries that produce ornamental plants and
                  other nursery products.  The company grows
                  trees, flowering shrubs, roses, ornamental
                  grasses & ground covers, perennials, annuals,
                  herbs and vegetables.  Clinton Nurseries is
                  based in Westbrook, Connecticut.

Chapter 11 Petition Date: December 18, 2017

Affiliates that simultaneously filed Chapter 11 petitions:

    Debtor                                         Case No.
    ------                                         --------
    Clinton Nurseries, Inc.                        17-31897
    Clinton Nurseries of Maryland, Inc.            17-31898
    Clinton Nurseries of Florida, Inc.             17-31899
    Triem LLC                                      17-31900

Court: United States Bankruptcy Court
       District of Connecticut (New Haven)

Judge: Hon. Ann M. Nevins

Debtors' Counsel: Eric A. Henzy, Esq.
                  ZEISLER & ZEISLER, P.C.
                  10 Middle Street, 15th Floor
                  Bridgeport, CT 06604
                  Tel: 203-368-5495
                  Fax: 203-549-0861
                  E-mail: ehenzy@zeislaw.com

                    - and -

                  Joanna M. Kornafel, Esq.
                  ZEISLER & ZEISLER, P.C.
                  10 Middle St., 15th Floor
                  Bridgeport, CT 06604
                  Tel: 203-368-5465
                  Fax: 203-549-0938
                  E-mail: jkornafel@zeislaw.com

                         - and -
  
                  Patrick R. Linsey, Esq.
                  ZEISLER & ZEISLER P.C.
                  10 Middle Street, 15th Floor
                  Bridgeport, CT 06604
                  Tel: 203-368-4234
                  Fax: 203-594-0424
                  E-mail: plinsey@zeislaw.com

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petition was signed by David Richards, president.

A full-text copy of Clinton Nurseries, Inc.'s petition is available
for free at http://bankrupt.com/misc/ctb17-31897.pdf

Debtors' List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
McKinnon Nursery Inc.                                     $356,012
Attn: Pres. GP or Mang. Mbr.
13835 Butteville Road
Gervais, OR 97026
David McKinnon
Tel: 503-792-3170

Ivy Acres, Inc.                                           $228,786
Email: Jandrews@ivyacres.com

Dutchmaster Nurseries LTD                                 $200,150
Email: admin@dutchmasternurseries.com

Nursery Supplies, Inc.                                    $180,124

Cottage Gardens, Inc.                                     $153,886
Email: ruchtman@cottagegardensinc.com

Qualitree Propagators Inc.                                $144,454
Email: deborah@qualitree.com

MacGuyver Media                                           $121,606
Email: mac@macguyvermedia.com

Bankcard Center                                           $110,058
Email: james.salisbury@bankofthewest.com

Fishback Nursery                                          $107,103

Berger Horticultural Products                             $101,497
Email: caroled@berger.ca

Classic Home & Garden                                     $100,874

ICS, Inc.                                                  $98,983

A.M. Leonard, Inc.                                         $84,008

Harrell's                                                  $79,694
Email: creditar@harrells.com

Star Roses & Plants                                        $78,702
Email: dwatkins@starrosesandplants.com

HDS USA, LLC                                               $59,372
Email: peter@horticulturedirect.com

Left Coast Logistics LLC                                   $58,050

Whittemore Perlite Co., Inc.                               $49,921
Email: jeffsheehy@comcast.net

Stinchcomb Associates, Inc.                                $45,057
Email: stinchcomb_melis@accsandusky.com

Pastanch, LLC                                              $44,829
dba New Christie Ventures
Email: chrisdepaolo@sbcglobal.com


COMPLETION INDUSTRIAL: Seeks Appointment of Chapter 11 Trustee
--------------------------------------------------------------
Completion Industrial Minerals, LLC, moves for the appointment of a
Chapter 11 trustee on the grounds that the relief requested is in
the best interests of the CIM bankruptcy estate, and its creditors
and other parties in interest.

CIM believes that it is in the best interests, at this time, to
continue in Chapter 11, but to have its bankruptcy estate
administered by a Chapter 11 trustee. Among other things, CIM does
not have the cash resources to fund continued operations and its
current management does not have particular expertise in bankruptcy
restructuring matters. CIM also believes that having this case
remain a Chapter 11 case is preferable to converting this case to a
case under Chapter 7.

Although CIM's principal asset--its Marshfield Wisconsin sand
processing facility--is "mothballed," that facility still requires
regular maintenance. Also, CIM's assets include various
governmental operating permits that may not be transferable.
Accordingly, it may be in the best interests of creditors and other
stakeholders that CIM effectuate a plan of reorganization under
which CIM would retain its assets, including its operating
permits.

A copy of the CIM's Request is available at:

     http://bankrupt.com/misc/txnb17-43208-11-45.pdf

              About Completion Industrial Minerals

Completion Industrial Minerals, LLC -- http://www.ciminerals.com/
-- is a producer of northern alpha quartz proppants.  It is a
full-service provider of products and services from the quarry to
the rail head at destination.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Texas Case No. 17-43208) on August 1, 2017.
Thomas Giordani, its president, signed the petition.

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

Judge Russell F. Nelms presides over the case.


CONGREGATION ACHPRETVIA: May Obtain Up To $3.54-Mil. in Financing
-----------------------------------------------------------------
The Hon. Michael E. Wiles of the U.S. Bankruptcy Court for the
Southern District of New York has authorized Congregation
Achpretvia Tal Chaim Sharhayu Shor, Inc., to obtain up to an
additional $3.54 million for a total amount of $7.115 million in
postpetition financing from 163 E. 69 DIP Lender, LLC.

The DIP Facility Amount advanced by the Lender to the Debtor
thereafter will be used by the Debtor in the amounts and for the
purposes to (i) pay the $3 million settlement amount; (ii) pay the
DIP Facility fees (three points in the amount of $90,000); and
(iii) pay prepaid interest on the money actually borrowed by the
Debtor in accordance with the DIP Financing Documents (up to
$450,000).

Proceeds of the DIP Facility Amount advanced by Lender to the
Debtor will only be used in the amounts and for the purposes
identified in the Financing Motion and this Financing Order.

Provided that Lender advances the DIP Facility Amount, effective
immediately upon the entry of this Financing Order, and subject to
the terms of the DIP Financing Documents, Lender is hereby granted
a superpriority administrative expense claim pursuant to Section
364(c)(1) of the Bankruptcy Code, with respect to the DIP
Obligations, superior to any and all administrative expenses in the
Bankruptcy Case, including without limitation, any and all
administrative expenses of the kind specified or ordered pursuant
to any provision of the Bankruptcy Code.

The Debtor's Obligation for points under Section 2.4 of the DIP
Loan Agreement will be in the amount of $90,000.   

A copy of the Order is available at:

          http://bankrupt.com/misc/nysb16-10092-202.pdf

As reported by the Troubled Company Reporter on Dec. 7, 2017, the
Debtor asked the Court for permission to obtain postpetition
financing on a secured and super-priority administrative basis from
the Lender in the aggregate amount of up to $7.115 million.  Of the
maximum commitment:

     -- $3 million would be available to be used for the benefit of
the Debtor to pay a $3 million settlement payment to 163 East 69
Realty LLC; and

     -- $540,000 will not be available to be borrowed by the
Debtor, but as an interest reserve for the Lender in connection
with borrowing $3 million to pay the settlement payment to East 69
Realty.

                  About Congregation Achpretvia

Congregation Achpretvia Tal Chaim Sharhayu Shor, Inc., in Brooklyn,
New York, filed for Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Case No. 16-10092) on Jan. 15, 2016.  Harold Friedlander,
vice president, signed the petition.  Judge Michael E. Wiles
presides over the case.  Arnold Mitchell Greene, Esq., at Robinson
Brog Leinwand Greene Genovese & Gluck P.C., serves as the Debtor's
counsel.  The Congregation disclosed total assets of $18 million
and total liabilities of $472,502.


CREEKSIDE HOMES: Has Final Nod to Use Cash Collateral Until Feb. 28
-------------------------------------------------------------------
The Hon. Trish M. Brown of the U.S. Bankruptcy Court for the
District of Oregon has entered a final order authorizing Creekside
Homes, Inc. to use cash collateral during the final period Nov. 17,
2017 through Feb. 28, 2018 in accordance with the budget.

The approved budget provides total expenses of approximately
$172,119 for the period from Nov. 3, 2017 through February 2018.

The Debtor is required to timely provide weekly financial
statements to the U.S. Trustee, counsel for Swift Financial
Corporation, counsel for Funding Circle and any other interested
party requesting a copy in writing from the Debtor, which weekly
statements will include, but not be limited to, a comparison of the
Debtor's actual financial performance versus its budgeted financial
performance.

The four entities asserting interests in the Debtor's monies and
accounts receivable will be adequately protected by: (1)
replacements lien to the extent their prepetition liens attached to
the Debtor's property and with the same validity, extent, priority,
and description of collateral and (2) the value of the secured
assets, (3) additional revenues created by operating the business,
(4) keeping all assets properly insured and (5) the value of the
Debtor's assets.

The Court overruled Swift Financial's argument that it purchased
the Debtor's future accounts receivable.

The Court also denied the Debtor's request to pay adequate
protection payments to Funding Circle, however, the Debtor or
Funding Circle may file a motion seeking authority for the Debtor
to pay adequate protection payments to Funding Circle.

A full-text copy of the Final Order is available at:

            http://bankrupt.com/misc/orb17-33893-75.pdf

                     About Creekside Homes

Creekside Homes, Inc., is a small business organization in the home
building industry with its principal place of business located at
219 NE Highway 99W McMinnville, Oregon.  It designs, constructs and
remodels houses to clients in Newberg, Forest Grove, McMinnville
City and Sherwood City.  It possesses interests in buildings under
construction currently valued at approximately $1 million.  It is
licensed with the Oregon Construction Contractors Board.

Creekside Homes sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ore. Case No. 17-33893) on Oct. 18,
2017.  Andrew Burton, its president, signed the petition.  At the
time of the filing, the Debtor disclosed $1.1 million in assets and
$1.13 million in liabilities.

Judge Trish M. Brown presides over the case.

Steven R. Fox, Esq., at Fox Law Corporation serves as the Debtor's
legal counsel.


CRYOPORT INC: Signs Indemnification Agreements with 3 Directors
---------------------------------------------------------------
Cryoport, Inc., has entered into standard indemnification
agreements with three of its directors: Richard Berman, Robert
Hariri, M.D., Ph.D., and Ramkumar Mandalam, Ph.D., previously
elected to the Company's Board of Directors.  The Company has
previously entered into identical Indemnification Agreements with
each of its other current directors.

The Company's officers and directors are indemnified as to personal
liability as provided by the Nevada Revised Statutes and the
Company's articles of incorporation and bylaws, but these are not
exclusive and contemplate that agreements be entered into between
the Company and its executive officers and directors with respect
to indemnification.  The indemnity provided for in the
Indemnification Agreements is in addition to that provided by the
NRS or any successor statutes, provided that the Indemnitee (as
defined therein) (i) acted in good faith and in a manner the
indemnitee reasonably believed to be in or not opposed to the best
interests of the Company, (ii) is not liable pursuant to NRS
78.138, and (iii) with respect to any criminal Proceeding (as
defined therein), had no reasonable cause to believe the
Indemnitee's conduct was unlawful.

                       About Cryoport

Lake Forest, Calif.-based CryoPort, Inc. (OTC BB: CYRX) --
http://www.cryoport.com/-- provides comprehensive solutions for
frozen cold chain logistics, primarily in the life science
industries.  Its solutions afford new and reliable alternatives to
currently existing products and services utilized for
bio-pharmaceuticals and biologics, including in-vitro
fertilization, cell lines, vaccines, tissue and other commodities
requiring a reliable frozen solution.

The Company's management recognizes that the Company will need to
obtain additional capital to fund its operations until sustained
profitable operations are achieved.  Additional funding plans may
include obtaining additional capital through equity and/or debt
funding sources.

In its report on the consolidated financial statements of Cryoport
for the year ended Dec. 31, 2016, KMJ Corbin & Company LLP, in
Costa Mesa, California, issued a "going concern" opinion citing
that the Company has experienced recurring operating losses from
inception and has used substantial amounts of working capital in
its operations.  Although the Company has cash and cash equivalents
of $4.5 million at Dec. 31, 2016, management has estimated that
cash on hand will only be sufficient to allow the Company to
continue its operations through the third quarter of calendar year
2017.  These matters, the auditor said, raise substantial doubt
about the Company's ability to continue as a going concern.

Cryoport reported a net loss attributable to common stockholders of
$15.05 million on $5.88 million of revenues for the year ended
March 31, 2016.  For the nine months ended Dec. 31, 2016, Cryoport
reported a net loss of $10.40 million.  As of Sept. 30, 2017,
Cryoport had $19.71 million in total assets, $1.96 million in total
liabilities and $17.75 million in total stockholders' equity.


CSP ASSET II: Authorized to Access Cash Collateral Through Jan. 8
-----------------------------------------------------------------
Judge Tony M. Davis of the U.S. Bankruptcy Court for the Western
District of Texas authorized CSP Asset II, LLC, to use the funds in
its possession to pay its usual and necessary expenses pending the
final hearing which will be held on Jan. 8, 2018 at 1:30 p.m.

The Debtor will maintain insurance upon its assets.

A full-text copy of the Order is available at:

             http://bankrupt.com/misc/txwb17-11513-11.pdf

                       About CSP Asset II

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.

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

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

Judge Tony M. Davis presides over the case.


CUMULUS MEDIA: Files Plan of Reorganization and Disclosures
-----------------------------------------------------------
BankruptcyData.com reported that Cumulus Media filed with the U.S.
Bankruptcy Court a Joint Chapter 11 Plan of Reorganization and
related Disclosure Statement. According to the Disclosure
Statement, "The Plan is the final step of the Company's balance
sheet restructuring.  Among other benefits, the Plan: Reduces the
Company's pro forma indebtedness by $1.039 billion versus its
existing capital structure; capitalizes the Company with favorable
debt terms, including an extended maturity date; and has the
support of the requisite majorities of the Debtors' prepetition
secured lenders, the Debtors' largest creditor
constituency.  Through the restructuring, the Debtors expect to
create a sustainable capital structure that positions Cumulus Media
for success in the demanding radio broadcasting industry.  The
Plan's deleveraging of the Debtors' balance sheet affords the
Company a 'fresh start' and provides a foundation for the long-term
sustainability of the Company's businesses for the benefit of its
employees and customers .... Each Holder of a Credit Agreement
Claim will receive its pro rata share and interest in: (i) $1.3
billion in principal amount of first lien term loans (the 'First
Lien Exit Facility'); and (ii) 83.5% of the issued and outstanding
amount of the New Securities, subject to dilution on account of the
Management Incentive Plan (the 'Term Loan Lender Equity Pool'). On
the Effective Date, the Credit Agreement Claims shall be Allowed in
the aggregate principal amount of $1,728,614,100.06, plus accrued
and unpaid interest on such principal amount through the Petition
Date. On the Effective Date, the Senior Notes Claims shall be
Allowed in the aggregate principal amount of $610 million, plus
accrued and unpaid interest on such principal amount through the
Petition Date."

                       About Cumulus Media

Cumulus Media Inc. (OTCQX: CMLS) -- http://www.cumulus.com/-- is a
radio broadcasting company. The Company is also a provider of
country music and lifestyle content through its NASH brand, which
serves through radio programming, NASH Country Weekly magazine and
live events.  Its product lines include broadcast advertising,
digital advertising, political advertising and non-advertising
based license fees.  Its broadcast advertising includes the sale
of
commercial advertising time to local, national and network clients.
Its digital advertising includes the sale of advertising and
promotional opportunities across its Websites and mobile
applications.  Its across the nation platform generates content
distributable through both broadcast and digital platforms.

Based in Atlanta, Georgia, Cumulus Media Inc. and 36 of its
affiliates, including NY Radio Assets, LLC, and Westwood One, Inc.,
sought voluntary protection under Chapter 11 of the Bankruptcy Code
(Bankr. S.D.N.Y. Lead Case No. 17-13381) on Nov. 29, 2017.  Richard
Denning, senior vice president and general counsel, signed the
petition.

At the time of filing, the Debtors had estimated assets of $1
billion to $10 billion and estimated liabilities of $1 billion to
$10 billion.

The case is assigned to Hon. Shelley C. Chapman.

The Debtors are represented by Paul M. Basta, Esq., Lewis R.
Clayton, Esq., Jacob A. Adlerstein, Esq., and Claudia R. Tobler,
Esq., at Paul, Weiss, Rifkind, Wharton & Garrison LLP, in New York.
PJT Partners LP serves as the Debtors' investment banker.  Alvarez
& Marsal North America, LLC, serves as the Debtors' restructuring
advisor.  EPIQ Bankruptcy Solutions, LLC, serves as the Debtors'
claims, notice and balloting agent.

The U.S. Trustee for Region 2 on Dec. 11, 2017, appointed seven
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases.


DEX SERVICES: Allowed to Use Cash for December 2017 Expenses
------------------------------------------------------------
Judge Robert L. Jones of the U.S. Bankruptcy Court for the Northern
District of Texas has entered a third agreed order granting DEX
Services, LLC, interim use of cash collateral.

The Debtor is authorized to use the cash collateral realized from
the collection of accounts receivable on an interim basis and in
accordance with and to pay the expenses set forth in the Budget.

The approved Budget provides total monthly expenses of
approximately $53,670.

In order to allow InterBank and the IRS to properly monitor the
Debtor's use of cash collateral, the Debtor agrees to provide
counsel for InterBank and the IRS: (1) copies of the monthly
operating reports; (2) copies of monthly bank statements; and (3)
copies of any and all monthly invoices.

The Debtor is required to deposit all collections from its
pre-petition accounts receivable into the Debtor-in-Possession
Account upon opening said DIP Account at a financial institution
authorized by the U.S. Trustee. The Debtor will pay out of the DIP
Account only the expenses referred to in the Order. Until such time
as the DIP Account is opened, the Debtor is authorized to use its
current checking account at InterBank to deposit all collections
and to pay its expenses by check.

InterBank of Canadian, Texas asserts a security interest in various
assets of the Debtor, including the Debtor's prepetition accounts
receivable. The Internal Revenue Service has also filed federal tax
liens against the Debtor and by virtue of those tax liens asserts a
lien against the Debtor's assets, including the Debtor's
prepetition accounts receivable.

InterBank and the IRS are each granted a replacement lien and
security interest in the Debtor's postpetition accounts receivable
generated by the Debtor's oilfield services operations in an amount
equal to the amount of cash collateral used in the same priority
and in the same nature, extent and validity as such liens, if any,
existed prepetition.

The Debtor will be entitled to utilize the asserted cash collateral
of the IRS and to utilize the property in which the IRS has
asserted a secured interest, subject to these terms and
conditions:

      (1) The Debtor will file all past due tax returns, if any,
within 60 days if the entry of the Order and will file such return
with Mikeal Smith, Bankruptcy Specialist, IRS, Insolvency Group II
, Stop: MC5026DAL, 1100 Commerce St., Dallas Texas 75242.

      (2) The Debtor will file all postpetition federal tax returns
on or before the due date and will pay any balance due upon filing
of the return. Copies of these returns must be sent to: IRS,
Insolvency Group II, Stop: MC5026DAL, 1100 Commerce St., Dallas
Texas 75242, Telephone: (214) 413-5204, Facsimile (888) 851-1227.

      (3) The Debtor will, during the pendency of its bankruptcy
case, provide proof of deposit of all federal trust fund taxes,
sent to: IRS, Insolvency Group II, Stop: MC5026DAL, 1100 Commerce
St., Dallas Texas 75242, Telephone: (214) 413-5204, Facsimile (888)
851-1227.

      (4) The Debtor will permit the Debtor to inspect, review, and
copy any financial records of the Debtor at the IRS' expense.

A hearing on the Debtor's request for continued use of cash
collateral is specially set on January 4, 2018 at 2:00 p.m.

A full-text copy of the Third Agreed Order is available at:

           http://bankrupt.com/misc/txnb17-50242-35.pdf

Attorneys for InterBank:

             Jason T. Rodriguez, Esq.
             Higier Allen & Lautin, P.C.
             2711 N. Haskell Ave., Suite 2400
             Dallas, Texas 75204
             Telephone: (972) 716-1888
             Facsimile: (972) 716-1899
             E-mail: jrodriguez@higierallen.com

                      About DEX Services

DEX Services, LLC, is a privately-held company in Canadian, Texas,
operating under the "Other Professional, Scientific, and Technical
Services" industry.  Its principal business address is 10955
Exhibition Lane Road, Canadian, Texas, 79014, Hempill County.

DEX Services filed a Chapter 11 petition (Bankr. N.D. Tex. Case No.
17-50242) on Sept. 30, 2017.  James Poindexter, managing member,
signed the petition.  At the time of filing, the Debtor estimated
assets and liabilities between $1 million and $10 million.  The
case is assigned to Judge Robert L. Jones.  The Debtor is
represented by Brad W. Odell, Esq. at Mullin Hoard & Brown, L.L.P.


DEXTERA SURGICAL: Wants DIP Financing From Aesculap
---------------------------------------------------
Dextera Surgical, Inc., seeks authorization from the U.S.
Bankruptcy Court for the District of Delaware to obtain senior
secured postpetition financing from Aesculap, Inc.

The Debtor wants to obtain postpetition financing in the form of a
term loan facility in accordance with the terms and conditions set
forth in the DIP Loan Agreement, and in accordance with the DIP
court orders, secured by perfected senior priority security
interests in and liens on the collateral pursuant to Sections
364(c)(2) and 364(c)(3) of the Bankruptcy Code.

The Debtor proposes to grant superpriority administrative claim
status, pursuant to Section 364(c)(1) of the Bankruptcy Code, to
the DIP Lender, in respect of all DIP Obligations (subject to the
Carve-Out).

Upon entry of the Interim Order, and subject to the budget, the
proceeds of the DIP Loan Facility will be used to finance: (i) the
payment of fees, expenses and costs incurred in connection with the
Debtor's chapter 11 case, and (ii) working capital, capital
expenditures, and other general corporate purposes of the Debtor;
provided that the Debtor may incur a 20% cumulative variance for
each line item in the Budget.

The DIP Loan Facility will consist of a senior secured
superpriority multi-draw term loan credit facility of up to $1.5
million.  

Unless extended by the DIP Lender in writing, borrowings will be
repaid in full, and the commitment under the DIP Facility will
terminate, on the earlier of: earliest of (i) May 15, 2018, (ii)
Closing under the Stalking Horse APA, (iii) termination of the
Stalking Horse APA, other than as a result of the acceptance by the
Borrower of a Competing Bid (as defined in the Stalking Horse APA),
(iv) sale of any material amount of the Purchased Assets to a buyer
other than the DIP Lender, and (v) the occurrence of an Event of
Default.  

Subject to the carve out, the DIP Agent will be granted valid,
enforceable, non-avoidable, and fully perfected security interests
in and liens upon all collateral, which shall (a) constitute
first-priority security interests in and liens upon all Collateral
that was not subject to any valid, enforceable and non-avoidable
lien in existence on the Petition Date, which lien was either
properly perfected as of the Petition Date or, subsequently
perfected pursuant to Section 546(b) of the Bankruptcy Code, or
granted as an adequate protection or replacement lien to CMI
pursuant to a cash collateral order which lien is limited in amount
to the lesser of (i) diminution in value of CMI's collateral as of
the Petition Date, if any, and (ii) the amounts owed to CMI
pursuant to that certain Secured Note Purchase Agreement dated
Sept. 2, 2011 in the maximum aggregate amount of $4 million, and
(b) a next available priority lien on all Collateral that was
subject to a Permitted Senior Lien on the Petition Date.  

The loan will have an interest rate of 9.25% (annualized).

The default interest is Contract Rate + 5% (annualized).  

A facility fee of 1% must be paid on the Termination Date.

All DIP Obligations will be an allowed superpriority administrative
expense claim with priority under Sections 364(c)(1), 503(b) and
507(b) of the Bankruptcy Code and otherwise over all administrative
expense claims and unsecured claims against the Debtor and its
estate other than any superpriority claim that may be granted by
the Court to CMI pursuant to a cash collateral order which claim is
limited in amount to the lesser of (i) diminution in value of CMI's
collateral as of the Petition Date, if any, and (ii) the amounts
owed to CMI pursuant to that certain Secured Note Purchase
Agreement dated September 2, 2011 in the maximum aggregate amount
of $4 million.  

On Sept. 2, 2011, the Debtor entered into a Secured Note Purchase
Agreement with Century Medical, Inc., as lender or any successor or
assignee thereof in such capacity, a Japanese corporation that is a
wholly owned subsidiary of Itochu Corp.  CMI is the Debtor's
distributor in Japan of the PAS Port Proximal Anastomosis System,
and has distributed it since 2004.  Pursuant to the Note Purchase
Agreement, Dextera issued to CMI a secured promissory note in the
original principal amount of $4 million 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.

To secure the Debtor's obligations under the Note Purchase
Agreement and the Note, Dextera executed a Security Agreement dated
as of Sept. 2, 2011, granting CMI a security interest in
substantially all of Dextera's personal property assets and
proceeds thereof but, with respect to intellectual property, only
in such intellectual property, licenses, and payment intangibles of
Dextera related to the PAS. As such, CMI did not receive a security
interest in Dextera's intellectual property, including patents,
related to the C-Port system, the MicroCutter, or Dextera's other
products.

The Debtor contends that CMI's security interest in the Debtor's
assets, other than potentially with respect to the deposit accounts
at Silicon Valley Bank and securities accounts at Oppenheimer, is
subject to avoidance under the Bankruptcy Code.  

The Debtor agreed to sell substantially all of its assets to the
DIP Lender, subject to receipt of higher or otherwise better offers
obtained through the bidding procedures and sale process.  

In conjunction with the Debtor's prepetition marketing and sale
process, the Debtor and the DIP Lender entered into the DIP
Facility, pursuant to which, among other things, the DIP Lender has
agreed to provide the Debtor with much-needed liquidity in the form
of a senior secured term loan, subject to certain Permitted Senior
Liens.

Prior to executing the DIP Loan Agreement, the Debtor made efforts
to obtain proposals for debtor in possession financing from parties
other than the DIP Lender.  With the assistance of the Debtor's
investment banker, the Debtor's management engaged in discussions
with several potential lenders seeking such debtor in possession
financing.  Unfortunately, no party other than the DIP Lender was
willing to extend any debtor in possession financing to the Debtor
on any terms, much less on terms more favorable than those in the
DIP Loan Agreement.  The DIP Lender has agreed to provide a loan on
favorable terms, and the DIP Facility will fund the Sale Process
and enable the Debtor to maximize value for the estate at a
facially reasonable cost.

In connection with entry into the DIP Facility, the Debtor and the
DIP Lender has agreed upon an initial budget, projecting cash flow
for the first 13 weeks of this case.  The DIP Loan Agreement
permits the Debtor to draw on the DIP Facility to make any
disbursement specifically provided for in the Budget.

The Debtor has an urgent and immediate need to obtain postpetition
financing.  The Debtor does not have sufficient funds on hand or
generated from its business to fund operations.  Without the
postpetition financing that will be provided under the DIP Loan
Agreement and the proposed DIP Orders, the Debtor would not be able
to maintain operations pending the outcome of the orderly Sale
Process that will maximize value for all constituents.  Without the
proposed credit facility, the Debtor will not have any liquidity,
among other things, to operate its business, fund its ordinary
course expenditures, including paying its employees, or to pay the
expenses necessary to administer the Chapter 11 case.  Absent
adequate funding, the Debtor would be required to cease operations
and liquidate on a piecemeal basis, causing irreparable harm to the
Debtor and its estate.  

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

          http://bankrupt.com/misc/deb17-12913-10.pdf

                    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.


DOLPHIN ENTERTAINMENT: Amends Prospectus on $6M Units Offering
--------------------------------------------------------------
Dolphin Entertainment, Inc., filed an amended Form S-1 registration
statement with the Securities and Exchange Commission relating to
the offering of $6,000,000 units with each unit consisting of one
share of the Company's common stock, $0.015 par value per share and
one warrant to purchase one share of its common stock per unit at
an exercise price equal to $___ per share (115% of the public
offering price) and expiring three years after the issuance date.
The units will not be issued or certificated.  Purchasers will
receive only shares of common stock and warrants.  The common stock
and warrants are immediately separable and will be issued
separately.  The offering also includes the shares issuable from
time to time upon exercise of the warrants.

Dolphin Entertainment's shares of common stock are currently quoted
on the OTC Pink Marketplace, operated by OTC Markets Group. The
symbol for the Company's common stock is "DPDM".  There is
currently no public market for its warrants.  The Company has
applied to have its common stock and warrants offered hereby listed
on The Nasdaq Capital Market under the symbols "DLPN" and "DLPNW,"
respectively.  On Dec. 14, 2017, the last reported sale price of
the Company's common stock on the OTC Pink Marketplace was $6.50
per share.

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

                     https://is.gd/t9F53X

                  About Dolphin Entertainment

Based in Coral Gables, Florida, Dolphin Entertainment, Inc.,
formerly Dolphin Digital Media, Inc., is an independent
entertainment marketing and premium content development company.
Through its recent acquisition of 42 West, LLC, the Company
provides expert strategic marketing and publicity services to all
of the major film studios, and many of the leading independent and
digital content providers, as well as for hundreds of A-list
celebrity talent, including actors, directors, producers, recording
artists, athletes and authors.  The strategic acquisition of 42West
brings together premium marketing services with premium content
production, creating significant opportunities to serve respective
constituents more strategically and to grow and diversify the
Company's business.  Dolphin's content production business is a
long established, leading independent producer, committed to
distributing premium, best-in-class film and digital entertainment.
Dolphin produces original feature films and digital programming
primarily aimed at family and young adult markets.  Dolphin also
currently operates online kids clubs; however it intends to
discontinue the online kids clubs at the end of 2017 to dedicate
its time and resources to the entertainment publicity business and
the production of feature films and digital content.

Dolphin Digital reported a net loss of $37.19 million for the year
ended Dec. 31, 2016, following a net loss of $8.83 million for the
year ended Dec. 31, 2015.  As of Sept. 30, 2017, Dolphin
Entertainment had $33.76 million in total assets, $31.02 million in
total liabilities and $2.73 million in total stockholders' equity.

BDO USA, LLP issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016.
The Company, according to BDO USA, has suffered recurring losses
from operations and has a net capital deficiency that raise
substantial doubt about its ability to continue as a going concern.


EAST WEST CAPITAL: Fitch Affirms BB- Trust Pref. Securities Rating
------------------------------------------------------------------
Fitch Ratings has affirmed East West Bancorp, Inc.'s (EWBC) ratings
at 'BBB'/'F2', reflecting the bank's strong earnings profile, good
asset quality, and distinctive franchise. The Rating Outlook is
Stable.

The rating action follows a periodic review of the mid-tier
regional banking group, which includes: BankUnited, Inc. (BKU), BOK
Financial Corp. (BOKF), Cathay General Bancorp (CATY), East West
Bancorp, Inc. (EWBC), First Horizon National Corporation (FHN),
First National of Nebraska, Inc. (FNNI), Fulton Financial
Corporation (FULT), Hilltop Holdings Inc. (HTH), Synovus Financial
Corp. (SNV), Trustmark Corporation (TMRK), UMB Financial Corp.
(UMBF), Umpqua Holdings Corporation (UMPQ) and Wintrust Financial
Corporation (WTFC).

KEY RATING DRIVERS

IDRs, VRs, AND SENIOR DEBT

EWBC's ratings are supported by its strong earnings profile, good
asset quality, and distinctive franchise. This is primarily offset
by strong loan growth trends that Fitch views cautiously,
particularly in the context of a still low interest rate
environment to date.

EWBC's earning profile is the primary ratings driver. Over the past
10 quarters, EWBC has reported among the highest ROAs on average of
all Fitch-rated U.S. banks and the highest amongst its peers. The
company's recent earnings continue to benefit from very low
overhead expenses, good spread income, and nominal credit costs
during the first nine months of 2017. Results for the year also
benefitted from a large gain in 1Q17 on the sale and leaseback of a
commercial property in San Francisco, which EWBC acquired as part
of its 2009 acquisition of United Commercial Bank.

EWBC has demonstrated success in growing fee income considerably
recently; however, EWBC's earnings remain heavily reliant on spread
income, making the company more exposed to the interest rate
environment than its peers. That said, based on company-reported
interest rate risk simulation results, EWBC appears the best
positioned for a rising rate interest rate scenario with projected
net interest income to increase the most of the mid-tier peer
group. While interest rate risk simulation results are highly
dependent on modeling assumptions, especially deposit betas, which
may behave very differently than in the past, the make-up of EWBC's
loan book suggests the company stands to benefit as rates
increase.

EWBC's asset quality also remains good with just 3bps in annualized
net charge-offs during the first nine months of 2017. Further,
EWBC's level of problem assets is well below peer averages.

Fitch also views EWBC's distinctive franchise favorably in its
ability to attract Chinese-American borrowers, as well as
depositors, albeit at interest-bearing deposit costs slightly
higher than the mid-tier median. EWBC is unique in that it is the
only bank of its size to have a notable presence in China, and the
only Asian-American focused bank with full service banking offices
in the U.S. and China.

Partially offsetting these ratings drivers, Fitch observes
continued strong loan growth across numerous categories, including
C&I, CRE, residential real estate and multifamily lending. The
company's loan growth over the past 12 months is higher than all of
its mid-tier peers, and raises concerns as to whether EWBC is
receiving the appropriate risk-adjusted return on these newer
originations.

While Fitch views outsized loan growth cautiously in general, the
agency notes that at Sept. 30, 2017, 64% of total non-accruing
balances were to C&I borrowers, which only comprise around a third
of total outstandings. Although C&I loan losses have remained
modest to date, Fitch will continue to analyze the asset quality of
these, and the entire loan portfolio, for any deterioration,
particularly as rates rise.

EWBC's capital is considered adequate, with an estimated CET1 under
Basel III at 11.3% at Sept. 30, 2017, just slightly below the peer
median. The bank has grown its capital ratios over the past year,
and demonstrates superior capital generation capabilities relative
to peers. Fitch views this as prudent, in light of the strong loan
growth over the past several years.

Fitch views EWBC's liquidity profile as solid with virtually all of
its funding coming from deposits, and a growing reliance on
non-interest bearing deposits. However, the loan-to-deposit ratio
keeps rising, as loan growth has outpaced deposit growth. While the
LTD has increased, it remains manageable at 91% and below the peer
median.

Fitch views any slowdown in China as manageable for EWBC. As of
Sept. 30, 2017, EWBC reported $1.6 billion to the wholesale trade
sector, largely related to companies that import goods from China.
EWBC also reported $686 million of loans held in the Hong Kong
branch and $500 million in the subsidiary bank in China. Fitch
anticipates that not all of these loans would be impacted given a
slowdown, and that there would likely be appropriate collateral
protection in the event of a slowdown or other geopolitical
disruption.

HYBRID SECURITIES

Hybrid capital issued by EWBC and its subsidiaries are all notched
down from the VR in accordance with Fitch's assessment of each
instrument's respective non-performance and relative loss severity
risk profiles.

Legacy Tier 1 securities are generally rated four notches below the
VR, made up of two notches for high loss severity relative to
average recoveries, and two further notches for non-performance
risk, reflecting the fact that coupon omission is not fully
discretionary.

LONG- AND SHORT-TERM DEPOSIT RATINGS

Deposit ratings are one notch higher than the IDR reflecting the
deposits' superior recovery prospects in case of default given
depositor preference in the U.S.

HOLDING COMPANY

EWBC's IDR and VR are equalized with those of East West Bank,
reflecting its role as the bank holding company, which is mandated
in the U.S. to act as a source of strength for its bank
subsidiaries. Ratings are also equalized reflecting the very close
correlation between holding company and subsidiary failure and
default probabilities.

SUPPORT RATING AND SUPPORT RATING FLOOR

EWBC has a Support Rating of '5' and Support Rating Floor of 'NF'.
In Fitch's view, EWBC is not systemically important and therefore,
the probability of support is unlikely. IDRs and VRs do not
incorporate any support.

RATING SENSITIVITIES

IDRs, VRs, AND SENIOR DEBT

Positive rating momentum is limited in the near term given the
bank's recent growth. If asset quality begins to show signs of
deterioration, particularly in newly originated commercial loans,
negative credit action might occur, especially if capital is
managed materially lower. Loan losses in excess of historical loan
losses in C&I, CRE, multifamily or residential mortgages could
precipitate a negative rating action, particularly if the CET1 is
also managed down to less than 9%.

Failure to fully address the November 2015 BSA-related regulatory
agreement in a timely manner could also lead to downward ratings
momentum. Fitch expects EWBC to have this agreement resolved within
the next 12 to 18 months.

Conversely, superior credit performance relative to peers and
industry trends during the next asset quality downturn could
provide support for ratings momentum, if accomplished while
maintaining it strong earnings profile.

HYBRID SECURITIES

The ratings for trust preferred securities are sensitive to any
change to EWBC's VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The long-and short-term deposit ratings are sensitive to any change
to EWBC's long-and short-term IDR.

HOLDING COMPANY

Should EWBC's holding company begin to exhibit signs of weakness,
demonstrate trouble accessing the capital markets, or have
inadequate cash flow coverage to meet near-term obligations, there
is the potential that Fitch could notch the holding company IDR and
VR from the ratings of the operating companies.

SUPPORT RATING AND SUPPORT RATING FLOOR

Since EWBC's Support and Support Rating Floors are '5' and 'NF',
respectively, there is limited likelihood that these ratings will
change over the foreseeable future.

Fitch has affirmed the following ratings:

East West Bancorp, Inc.
-- Long-term IDR at 'BBB'; Outlook Stable;
-- Short-term IDR at 'F2';
-- Viability Rating at 'bbb';
-- Support at '5';
-- Support Floor at 'NF'.

East West Bank
-- Long-term IDR at 'BBB'; Outlook Stable;
-- Long-term deposits at 'BBB+';
-- Short-term IDR at 'F2';
-- Short-term deposits at 'F2';
-- Viability Rating at 'bbb';
-- Support at '5';
-- Support Floor at 'NF'.

East West Capital Trust V, VI, VII, VIII & IX
-- Trust preferred securities at 'BB-'.


EXPRO HOLDINGS: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Lead Debtor: Expro Holdings US Inc.
             738 Highway 6 South 1000
             Houston, TX 77079

Type of Business: Expro -- https://www.exprogroup.com -- is a
                  provider of specialized well flow management
                  products and services to the oil and gas
                  industry, with a specific focus on offshore,
                  deepwater and other technically challenging
                  environments.

                  Expro's products and services help its customers
                  in the oil and gas industry optimize production
                  costs and maximize recoveries by measuring,
                  improving, controlling and processing flow from
                  high-value oil and gas wells.  

                  Expro has more than 40 years of experience
                  assisting its customers in all aspects of well
                  management, from exploration and appraisal
                  through to mature field production optimization
                  and eventual well abandonment.  Expro has more
                  than 4,100 employees and more than 500
                  contractors in over 50 countries.  Expro was
                  founded in 1973 in the U.K. and is headquartered
                  in Houston, Texas.

Chapter 11 Petition Date: December 18, 2017

Affiliates that filed voluntary petitions under Chapter 11 of the
Bankruptcy Code:

  Debtor                                                 Case No.
  ------                                                 --------
  Expro Holdings US Inc. (Lead Case)                     17-60179
  Exploration and Production Services (Holdings) Limited 17-60180
  Expro (B) Sendirian Berhad                             17-60181
  Expro Americas, LLC                                    17-60182
  Expro Benelux Limited                                  17-60183
  Expro Do Brasil Servicos LTDA                          17-60184
  Expro Eurasia Limited                                  17-60185
  Expro Finservices Sarl                                 17-60186
  Expro Group Canada Inc.                                17-60188
  Expro Gulf Limited                                     17-60189
  Expro Holdings Australia 1 PTY Limited                 17-60190
  Expro Holdings Australia 2 PTY Limited                 17-60191
  Expro Holdings Norway AS                               17-60192
  Expro Holdings UK 2 Limited                            17-60193
  Expro Holdings UK 3 Limited                            17-60194
  Expro Holdings UK 4 Limited                            17-60195
  Expro International B.V.                               17-60196
  Expro Interational Group Holdings Ltd.                 17-60197
  Expro International Group Limited                      17-60198
  Expro International Limited                            17-60199
  Expro Meters, Inc.                                     17-60200
  Expro North Sea Limited                                17-60201
  Expro Norway AS                                        17-60202
  Expro Overseas, Inc.                                   17-60203
  Expro Overseas Limited                                 17-60204
  Expro Resources Limited                                17-60205
  Expro Servicos S. De R.L. De C.V.                      17-60206
  Expro Tool S. De R.L. De C.V.                          17-60208
  Expro Trinidad Limited                                 17-60209
  Expro US Finco LLC                                     17-60210
  Expro US Holdings, LLC                                 17-60211
  Expro Worldwide B.V.                                   17-60212
  Exprotech Nigeria Limited                              17-60213
  Petrotech AS                                           17-60214
  PT Expro Indonesia                                     17-60216
  Expro Group Australia PTY Limited                      17-60187
  Petrotech B.V.                                         17-60215

Court: United States Bankruptcy Court
       Southern District of Texas (Victoria)

Judge: Hon. David R Jones

Debtors' Counsel:      Patricia B. Tomasco, Esq.
                       Matthew D. Cavenaugh, Esq.
                       Jennifer F. Wertz, Esq.
                       JACKSON WALKER, L.L.P.
                       1401 McKinney Street, Suite 1900
                       Houston, Texas 77010
                       Tel: (713)-752-4284
                       Fax: (713) 308-4184
                       E-mail: ptomasco@jw.com
                              mcavenaugh@jw.com
                              jwertz@jw.com

                         - and -

                       Brian S. Hermann, Esq.
                       Alice Belisle Eaton, Esq.
                       Sarah Harnett, Esq.
                       Alexander Woolverton, Esq.
                       PAUL, WEISS, RIFKIND, WHARTON &
                       GARRISON LLP
                       1285 Avenue of the Americas
                       New York, New York 10019
                       Tel: (212) 373-3000
                       Fax: (212) 757-3990
                       E-mail: bhermann@paulweiss.com
                               aeaton@paulweiss.com
                               sharnett@paulweiss.com
                               awoolverton@paulweiss.com

Debtors'
Restructuring
Advisors:              Julie Hertzberg
                       Jay Herriman  
                       ALVAREZ & MARSAL   
                       1000 Town Center, Suite 750
                       Southfield, MI 48075
                       Tel: 248.936.0860
                       E-mail: jhertzberg@alvarezandmarsal.com
                               jherriman@alvarezandmarsal.com

Debtors'
Claims,
Noticing &
Solicitation
Agent:                 PRIME CLERK LLC
                       Web site:                    
                       https://cases.primeclerk.com/expro

Estimated Assets: $500 million to $1 billion

Estimated Liabilities: $1 billion to $10 billion

The petition was signed by John McAlister, general counsel.

The Debtors each did not file a list of 20 largest unsecured
creditors together with the petition.  The Debtors have sought
approval to file a consolidated list of the 35 largest unsecured
creditors.

A full-text copy of Expro Holdings US Inc.'s petition is available
for free at:

        http://bankrupt.com/misc/txsb17-60179.pdf


FIRST HORIZON: Fitch Affirms 'B' Preferred Stock Rating
-------------------------------------------------------
Fitch Ratings has affirmed First Horizon National Corp.'s (FHN)
ratings at 'BBB-'/'F3'. The Rating Outlook remains Positive. The
affirmation incorporates the expectation that the recently
completed acquisition of Capital Bank Financial Corp. (CBF) will be
integrated smoothly and lead to a stronger franchise and improved
earnings.

The rating action follows a periodic review of the midtier regional
banking group, which includes BankUnited, Inc. (BKU), BOK Financial
Corp. (BOKF), Cathay General Bancorp (CATY), East West Bancorp,
Inc. (EWBC), First Horizon National Corporation (FHN), First
National of Nebraska, Inc. (FNNI), Fulton Financial Corporation
(FULT), Hilltop Holdings Inc. (HTH), Synovus Financial Corp. (SNV),
Trustmark Corporation (TMRK), UMB Financial Corp. (UMBF), Umpqua
Holdings Corporation (UMPQ) and Wintrust Financial Corporation
(WTFC).

KEY RATING DRIVERS

IDRs, VRs, AND SENIOR DEBT

The rating affirmation reflects FHN's strong banking franchise,
appropriate capital levels relative to the company's risk profile,
and good revenue diversity relative to peers. The Positive Outlook
reflects Fitch's expectation that management will continue to
execute on its well-communicated, long-term strategies to align
FHN's operating performance with operating targets over the rating
time horizon. Fitch believes that FHN has rating upside over time,
as reflected in the Positive Outlook.

The company's recently completed CBF acquisition was in line with
Fitch's expectations that FHN would pursue a sizable acquisition in
neighboring markets to expand its footprint and scale. This
transaction expands the company's presence in the Carolinas and to
a lesser extent Florida, which Fitch expects will provide some
degree of added geographic diversification.

FHN's core business operations include its regional banking line of
business (First Tennessee Bank, NA; FTBNA) and FTN Financial (FTN),
the company's capital markets division. FTBNA has the leading
deposit market share in Tennessee with 16% of total deposits
(proforma including deposits from CBF transaction) as of June 30,
2017 and a growing presence in the company's other key operating
markets. This segment has generated consistent performance over
time.

FTN provides the overall company with solid revenue mix through its
niche capital markets business. FTN's franchise is strong in the
community bank space, evidenced by relationships with approximately
half of all U.S. banks with investment portfolios over $100
million. FTN's acquisition of Coastal Securities, completed in
2Q17, provides increased product diversity to the segment's revenue
streams. While revenue generated out of FTN can be somewhat
volatile in various rate and economic environments, it has
contributed approximately 20% of FHN's total revenue over the last
several years. Fitch notes that FTN's revenue contribution to FHN
will decrease with the closing of the CBF acquisition, and the
company has adjusted their long-term fee contribution target to 30%
to 40% over time to reflect this.

Fitch expects earnings to improve and converge with higher rated
peers on a consistent basis while maintaining a sound risk
appetite. FHN's balance sheet is well-positioned for a rising rate
environment. Further, to the extent that FHN is able to realize the
forecasted cost saves from the CBF transaction, FHN's earnings
profile could converge with higher-rated institutions, which could
lead to positive rating momentum over the Outlook horizon.

FHN has met many of its "Low Rate Environment" targets communicated
at its investor day in 2013. In Fitch's view, this points to
management's ability to successfully execute on targets that have
been clearly communicated to various constituents. Fitch expects
execution to remain strong which supports the Positive Outlook.

Fitch believes FHN's risk management practices are in-line with
higher rated and larger banks and should reduce credit and earnings
volatility in future cycles. Fitch recognizes the level of
investment in risk management systems the bank has made over recent
years, most notably the company's risk adjusted return on capital
(RAROC) model, which is used in virtually all aspects of FHN's
operations.

Although FHN's capital ratios are among the lowest in the peer
group, Fitch views capital levels as adequate relative to the
company's risk profile. FHN has communicated that it intends to
manage its common equity tier 1 (CET1) ratio in the 8% to 9% range
over the longer term. The CBF transaction is expected to bring
FHN's CET1 capital ratio to approximately 9%. Over time, Fitch
expects FHN to manage its capital position to the higher end of
its' target range which is incorporated in the Positive Outlook.

FHN's elevated levels of nonperforming assets (NPAs) relative to
peers has historically been a constraint on the company's ratings.
Much of the NPAs relate to restructured residential loans
originated out of the company's former national lending platform
and Fitch expects FHN's NPA ratio to remain elevated over the
intermediate term. However, Fitch expects the loss content from the
NPAs to remain manageable and not be a drag on earnings and
capital.

Fitch views FHN's funding and liquidity profile as in-line with
peers. Noninterest bearing deposits comprise approximately 30% of
total deposits and the company's deposit costs are in line with the
peer median. Although deposit costs are expected to increase
marginally as a result of the CBF transaction, Fitch views the
increased geographical diversification as a partial offset. FHN
also has access to multiple sources of secured borrowing, such as
the FHLB. These sources were modestly used at 3Q17 and FHN still
had adequate capacity at quarter-end.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

FHN's preferred stock is notched five levels below its VR, two
times for loss severity and three times for non-performance. These
ratings are in accordance with Fitch's criteria and assessment of
the instruments non-performance and loss severity risk profiles and
have thus been affirmed due to the affirmation of the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The uninsured deposit ratings of FTBNA are rated one notch higher
than the bank's IDR and senior unsecured debt because U.S.
uninsured deposits benefit from depositor preference. U.S.
depositor preference gives deposit liabilities superior recovery
prospects in the event of default.

HOLDING COMPANY

FHN's VR is equalized with those of FTBNA, reflecting its role as
the bank holding company, which is mandated in the U.S. to act as a
source of strength for its bank subsidiaries. Ratings are also
equalized reflecting the very close correlation between holding
company and subsidiary failure and default probabilities.

SUPPORT RATING AND SUPPORT RATING FLOOR

FHN has a Support Rating (SR) of '5' and Support Rating Floor (SRF)
of 'NF'. In Fitch's view, the probability of support is unlikely.
IDRs and VRs do not incorporate any support.

RATING SENSITIVITIES

IDRs, VRs, AND SENIOR DEBT

The Rating Outlook remains Positive, reflecting Fitch's view of the
likelihood of ratings upside over the Outlook horizon. Given the
recently closed acquisition of CBF, Fitch expects to resolve the
Outlook toward the latter part of the outlook horizon to allow time
for the results of the transaction to be assessed.

Fitch's base case assumption is that the FHN will be able to
realize the estimated cost saves from the CBF transaction over the
next few years. The Positive Outlook reflects Fitch's view that
FHN's earnings profile will converge with higher-rated
institutions. Positive rating action is possible if FHN is able to
demonstrate higher and more consistent earnings in line with higher
rated institutions, measured by return on average assets (ROAA)
and/or pre-provision net revenue-to-average assets (PPNR to AA).
However, the Outlook could be revised to Stable from Positive if
Fitch believes that FHN will not be able to realize the cost saves
and that earnings will continue to lag higher-rated peers.

Fitch will continue to assess asset quality at FHN for signs of
deterioration as CBF's loan portfolio has not been tested through a
credit cycle. Fitch expects net charge-offs (NCOs) to remain within
FHN's normalized operating target range of 20bps-60bps over time.
Positive rating momentum is possible if NCOs over time remain
within the target range post integration of CBF. Conversely,
negative ratings pressures could arise should NCOs exceed FHN's
operating target range over time.

Because FHN has resolved or reserved for most legal issues tied to
past practices, Fitch does not expect any significant quarterly
settlements that could lead to losses. However, to the extent that
FHN reports material legal provisions that indicate the
reappearance of issues related to past residential mortgage
practices or new legal issues arising from current business
practices, the Outlook may be revised to Stable if Fitch had
concerns that capital could be impaired, although this is
unlikely.

As noted above, Fitch expects FHN will manage its capital position
at the higher end of its 8% to 9% CET1 target range. Negative
ratings pressure could develop should FHN's CET1 and/or TCE
position fall below the estimated pro forma levels. Additionally,
negative ratings pressure could develop should management pursue
another bank acquisition before CBF is fully integrated into FHN's
franchise.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

The ratings for FHN and its operating companies' preferred stock
are sensitive to any change to the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The long- and short-term deposit ratings are sensitive to any
change to FTBNA's Long- and Short-term IDR.

HOLDING COMPANY

Should FHN's holding company begin to exhibit signs of weakness,
demonstrate trouble accessing the capital markets, or have
inadequate cash flow coverage to meet near-term obligations, there
is potential that Fitch could notch the holding company VR from the
ratings of the operating companies.

SUPPORT RATING AND SUPPORT RATING FLOOR

Since FHN's Support and Support Rating Floors are '5' and 'NF',
respectively, there is limited likelihood that these ratings will
change over the foreseeable future.

Fitch has affirmed the following ratings:

First Horizon National Corporation
-- Long-Term IDR at 'BBB-'; Outlook Positive;
-- Viability rating at 'bbb-';
-- Short-Term IDR at 'F3';
-- Senior Unsecured at 'BBB-';
-- Preferred Stock at 'B';
-- Support rating at '5';
-- Support Floor at 'NF'.

First Tennessee Bank, N.A.
-- Long-Term IDR at 'BBB-'; Outlook Positive;
-- Viability rating at 'bbb-';
-- Short-Term IDR at 'F3';
-- Long-term Deposits at 'BBB';
-- Short-term Deposits at 'F3';
-- Senior Unsecured at 'BBB-';
-- Short-term Senior Unsecured at 'F3';
-- Preferred Stock at 'B';
-- Support rating at '5';
-- Support Floor at 'NF'.


FIRST NATIONAL-OMAHA: Fitch Ups Subordinated Debt Rating From BB+
-----------------------------------------------------------------
Fitch Ratings has upgraded First National of Nebraska Inc.'s (FNNI)
Long- and Short-term Issuer Default Ratings (IDRs) to 'BBB' from
'BBB-' and 'F2' from 'F3', respectively. The Rating Outlook is
Stable. The upgrade reflects FNNI's reduction in risk appetite in
its credit card business, sound asset quality, and solid earnings
performance.

The rating action follows a periodic review of the mid-tier
regional banking group, which includes: BankUnited, Inc. (BKU), BOK
Financial Corp. (BOKF), Cathay General Bancorp (CATY), East West
Bancorp, Inc. (EWBC), First Horizon National Corporation (FHN),
First National of Nebraska, Inc. (FNNI), Fulton Financial
Corporation (FULT), Hilltop Holdings Inc. (HTH), Synovus Financial
Corp. (SNV), Trustmark Corporation (TMRK), UMB Financial Corp.
(UMBF), Umpqua Holdings Corporation (UMPQ) and Wintrust Financial
Corporation (WTFC).

KEY RATING DRIVERS

IDRs and VR
The upgrade reflects Fitch's view that reductions in FNNI's risk
appetite in its credit card business will result in stronger asset
quality and lower earnings volatility through the credit cycle. In
particular, Fitch views positively FNNI's decision to discontinue
marketing its national card portfolio, which has been a key driver
of volatility historically, and to continue growing its co-branded
card portfolio. Combined with the company's good deposit franchise
in its core markets, solid funding and liquidity profile, and
reasonable capital levels, Fitch believes FNNI's stronger risk
profile warrants the higher rating level.

The Rating Outlook for FNNI's ratings has been revised to Stable
from Positive. The Outlook incorporates Fitch's view that credit
losses in the company's credit card portfolio will continue to
perform in line with industry peers and will be very manageable
within the context of quarterly earnings. Fitch expects earnings
will remain in line with rating peers, as moderately higher credit
costs will likely be more than offset by a higher net interest
margin (NIM) due to FNNI's asset sensitive profile. Additionally,
Fitch expects that capital ratios will increase somewhat from
current levels following a share repurchase transaction in the
third quarter of 2017 (3Q17).

FNNI has typically generated relatively strong earnings compared to
similarly rated peers over recent years due to its solid credit
card franchise, which generates high margins and good levels of fee
income. Fitch believes FNNI has continued to strengthen its
profitability profile despite higher credit costs in 2017 due to an
industry-wide weakening in credit card asset quality from
previously unsustainably strong levels.

Adjusting for a one-off gain in 3Q16, pre-provision net revenue is
up 16% year-to-date in 2017, driven by FNNI's 34 basis points (bps)
of NIM expansion and slightly lower expenses. FNNI continues to
demonstrate above-peer asset sensitivity due to its ability to
quickly reprice its credit card portfolio and its strong retail
deposit base, which allows the company to lag deposit pricing.
Despite a 31% increase in credit costs, FNNI's return on assets has
been near 1% over the past two quarters, in line with the peer
group average. Fitch believes FNNI's earnings will remain near or
above the peer group average due to the company's improved credit
card underwriting standards, asset sensitive profile, and
demonstrated ability to contain expenses while achieving loan
growth in line with peer averages.

FNNI's asset quality, excluding its credit card portfolio, remains
roughly in line with the peer group average. Despite ongoing
commodity price pressure, FNNI's agriculture portfolio remains
resilient, with minimal nonperforming loans and charge-offs. Total
nonaccrual loans are modestly higher from a year ago, at 0.83%, in
line with peer averages. While Fitch views the double-digit loan
growth in the company's commercial real estate portfolio
cautiously, performance has been strong to date and overall loan
growth levels remain slightly below peer average.

Net-charge offs (NCOs) increased 31 bps in 2017 to 1.89% from the
2016 level. Deterioration has been driven by what Fitch views as a
normalization in credit card performance, which has been observed
across the industry. Fitch notes that the normalization of credit
performance in FNNI's portfolio has been similar to that of other
rated issuers. Over time, Fitch believes FNNI will continue to
demonstrate NCO levels that are more stable than those observed in
previous cycles due to the company's decision to cease originations
in its national mailing portfolio and emphasize its agent and
co-brand products. These portfolios have demonstrated lower loss
content and should aid in producing more stable operating
performance over time for FNNI relative to prior cycles.

In 3Q17, FNNI completed a $155 million share repurchase transaction
with a large, private shareholder. Fitch does not anticipate any
similar transactions over the Outlook horizon. As a result, capital
ratios declined moderately with the common equity tier 1 ratio
(CET1) falling to 10.9% at 3Q17 from 11.3% at year-end 2016.
Despite this decline, Fitch views FNNI's capital levels as
supportive of rating action and notes that CET1 is only slightly
below the peer group average. Over time, Fitch believes capital
will build at a modest pace from current levels. Fitch views this
as adequate when considering the bank's relatively more limited
access to the capital markets given its private ownership and the
bank's relatively high exposure to the consumer through its credit
card book.

FNNI's liquidity and funding profile remains solid and supportive
of rating action. The company's loan to deposit ratio of 90% is
slightly stronger than peer averages and the company maintains
minimal wholesale funding levels. The funding profile is supported
by the company's leading market share in the state of Nebraska and
parts of Colorado and Illinois where it operates. Fitch notes the
company's deposit costs rose only 5 bps year-over-year as of 3Q17
despite several Federal Reserve interest rate increases, while the
company saw 6% overall deposit growth. Fitch believes the company's
funding costs will continue to be advantageous and supportive of
margin expansion in a rising rate environment.

SUBORDINATED DEBT

FNNI's subordinated debt is notched one level below its VR for loss
severity. These ratings are in accordance with Fitch's criteria and
assessment of the instruments non-performance and loss severity
risk profiles and have thus been affirmed due to the affirmation of
the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The uninsured deposit ratings of First National Bank of Omaha are
rated one notch higher than the bank's IDR and senior unsecured
debt because U.S. uninsured deposits benefit from depositor
preference. U.S. depositor preference gives deposit liabilities
superior recovery prospects in the event of default.

HOLDING COMPANY

FNNI's VR is equalized with those of its operating companies and
banks, reflecting its role as the bank holding company, which is
mandated in the U.S. to act as a source of strength for its bank
subsidiaries. Ratings are also equalized reflecting the very close
correlation between holding company and subsidiary failure and
default probabilities.

SUPPORT RATING AND SUPPORT RATING FLOOR

FNNI has a Support Rating (SR) of '5' and Support Rating Floor
(SRF) of 'NF'. In Fitch's view, the probability of support is
unlikely. IDRs and VRs do not incorporate any support.


RATING SENSITIVITIES

IDRs and VR
Fitch believes FNNI's ratings are at the high end of their
potential range following action and further upside is unlikely
given the company's sizable credit card exposure.

While unlikely given upgrade, negative rating pressure could occur
should the company's asset quality deteriorate beyond peers with
significant credit card portfolios. Negative pressure could also
develop should the company's profitability fall materially below
the peer median over a six quarter period.

Fitch expects that following the share repurchase transaction in
3Q17 capital ratios will incrementally increase over the next
several quarters. If capital ratios instead decline from current
levels, negative rating action would become likely.

SUBORDINATED DEBT

The ratings for FNNI and its operating companies' subordinated debt
are sensitive to any change to the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The long- and short-term deposit ratings are sensitive to any
change to FNNI's Long- and Short-term IDR.

HOLDING COMPANY

Should FNNI's holding company begin to exhibit signs of weakness,
demonstrate trouble accessing the capital markets, or have
inadequate cash flow coverage to meet near-term obligations, there
is potential that Fitch could notch the holding company VR from the
ratings of the operating companies.

SUPPORT RATING AND SUPPORT RATING FLOOR

Since FNNI's Support and Support Rating Floors are '5' and 'NF',
respectively, there is limited likelihood that these ratings will
change over the foreseeable future.

Fitch has taken the following rating actions:

First National of Nebraska, Inc.
-- Long-Term IDR upgraded to 'BBB' from 'BBB-'; Stable Outlook
-- Viability rating upgraded to 'bbb' from 'bbb-';
-- Short-Term IDR upgraded to 'F2' from 'F3';
-- Support Rating affirmed at '5';
-- Support Rating Floor affirmed at 'NF'.

First National Bank of Omaha
-- Long-Term IDR upgraded to 'BBB' from 'BBB-'; Stable Outlook
-- Viability rating upgraded to 'bbb' from 'bbb-';
-- Long-term deposits upgraded to 'BBB+' from 'BBB';
-- Short-term deposits affirmed at 'F2';
-- Short-Term IDR upgraded to 'F2' from 'F3';
-- Subordinated debt upgraded to 'BBB-' from 'BB+';
-- Support Rating affirmed at '5';
-- Support Rating Floor affirmed at 'NF'.


FIRSTENERGY SOLUTIONS: Fitch Affirms 'CC' Issuer Default Rating
---------------------------------------------------------------
Fitch Ratings has affirmed FirstEnergy Corporation's (FE) ratings,
including its 'BBB-' Issuer Default Rating (IDR), and the IDRs and
issuer ratings of its subsidiaries. In addition, Fitch assigns
first-time long- and short-term Issuer Default Ratings of 'BBB' and
'F3', respectively, to Mid-Atlantic Interstate Transmission, LLC
(MAIT). The Rating Outlook is Stable for FE and its subsidiaries.

The affirmation reflects FE's strategic focus on its core,
relatively low-risk electric distribution and transmission
businesses; constructive rate regulation; anticipated exit from
competitive generation markets; and strong parent-subsidiary rating
linkage. Fitch assumes the sale of Allegheny Energy Supply (AE
Supply) generating assets and transfer of the 1,300MW Pleasants
super critical coal fired generating facility to Monongahela Power
Company (MP) will be completed by the end of the first quarter of
2018.

Fitch expects FirstEnergy Solutions (FES) to file for bankruptcy
protection by the end of the first quarter of 2018 and could file a
pre-packaged restructuring in bankruptcy sooner. It is Fitch
understanding that negotiations between FES and its creditors are
continuing. Fitch expects a Federal Energy Regulatory Commission
(FERC) decision in the commission's pending wholesale electricity
market resiliency review, and Ohio and Pennsylvania nuclear plant
legislation could meaningfully impact the value of FES assets in a
restructuring scenario. In its analysis Fitch assumes $700 million
to settle claims in a contentious FES bankruptcy scenario in
addition to other expenses and drawdown by FES of its $500 million
secured credit agreement provided by FE. Fitch estimates FE
debt-to-EBITDAR of 4.3x and 4.4x in 2018 and 2019, respectively.

MAIT's ratings reflect the transmission utility's relatively low
business risk profile, constructive regulation, large capital
investment program and projected FFO-adjusted leverage of 3.8x in
2018 and 4.0x in 2019. MAIT has reached a settlement agreement in
its formula-based rate case at FERC. A final FERC decision is
expected around year-end.

KEY RATING DRIVERS

Utility-Only Strategy: The ratings and Stable Rating Outlook
consider FE's strategy to become a fully regulated utility holding
company, exiting its competitive energy business by mid-2018. FE's
competitive business has struggled for years with the prolonged
downturn in power prices, which reflect a surfeit of natural gas
supply driven by advances in drilling technology, strong reserve
margins and sluggish residential demand. Low natural gas and power
prices are expected to continue to pressure margins and cash flows
at FE's merchant operations, a trend underscored by lower
rest-of-RTO prices in the most recent PJM Interconnect, LLC
capacity auction. With prospects low for a meaningful rebound in
power prices in the near to intermediate term, FE has decided to
exit this underperforming business segment to focus on regulated
growth opportunities.

Rating Linkage: While FE's rated subsidiaries access capital
markets independently, they have strong strategic, legal and
operational links to their corporate parent. Subsidiary funding is
facilitated via sub-limits under FE's fully committed bank
facilities, and its subsidiary companies participate in separate
utility and competitive segment money pools. These factors
underscore the relatively strong parent-subsidiary linkage
throughout the FE corporate family. As a result, Fitch generally
limits notching between FE and its stronger regulated utility and
transmission subsidiary IDRs to one notch. The multi-notch
differential between FE and its rated nonutility subsidiaries is a
function of FE's strategic decision to exit its competitive energy
business and its refusal to infuse additional equity.

Credit Supportive Restructuring: FE is seeking to maximize the
value of the competitive energy supply business through legislative
and regulatory means in Ohio, Pennsylvania and West Virginia. If
FE's competitive generation assets cannot be sold, a restructuring
of its competitive business in bankruptcy is likely to be triggered
by approximately $500 million of maturing or putable FES debt in
2018 or other factors. FES is in discussions with creditors that
could lead to a pre-packaged restructuring in bankruptcy.
Divestiture of FE's competitive segment through asset sales, plant
closures, reregulation or restructuring in bankruptcy resulting in
permanent separation of the competitive business would result in a
meaningfully improved business risk profile for consolidated FE and
is credit supportive.

FE's ratings and Stable Outlook also reflect Fitch's expectations
for new equity issuance of at least $1.8 billion 2017-2019 and
credit supportive final decisions in Ohio, New Jersey and
Pennsylvania base rate cases. Fitch estimates FE 2018 and 2019
debt/EBITDAR will approximate 4.3x and 4.4x, respectively, and
FFO-adjusted leverage is expected to improve from 7.3x in 2018 to
5.2x in 2019, excluding FES. The 2018 spike in FFO-adjusted
leverage to 7.3x reflects non-recurring FES restructuring charges
of $1.5 billion.

Restructuring Initiatives Underway: In December 2016, FE announced
several initiatives to facilitate the rationalization of its
competitive generation business. These initiatives include
renegotiated bank facilities, covenant modifications and changes in
FES's board of directors. In addition, FE increased the size of its
corporate bank facility to $4 billion from $3.5 billion under its
previous revolving credit facility and terminated FES's and
Allegheny Energy Supply's (Supply) credit facilities. FE will
provide a two-year $700 million secured revolving credit ($500
million) and surety credit support facility ($200 million) to FES
as borrower and FirstEnergy Generation (FG) and FirstEnergy Nuclear
Generation (NG) as guarantors.

Focus on Regulated Growth: Fitch views FE's focus on improving its
regulated utility and transmission returns while investing
significant capital in these assets and exiting its competitive
business as credit supportive. Distribution utility capex is
estimated at $1.3 billion per year through 2019. In addition, FE is
targeting $3.2 billion - $4.8 billion of investment in its
regulated transmission business in 2018-2021. Fitch's concerns
regarding FE's large capex program are mitigated by perceived
improvement in regulation across the company's service territory as
evidenced by constructive outcomes in New Jersey, Ohio,
Pennsylvania and West Virginia in recent years. Management is
positioning FE's regulated operations to provide earnings per share
growth of 5%-7%.

MAIT Rate Case Update: In October 2017, MAIT filed a settlement
agreement with FERC in its formula transmission rate proceeding.
Signatories to the agreement include the Pennsylvania Public
Utility Commission, the Pennsylvania Office of Consumer Advocate,
Exelon and IMG Midstream, among others. The settlement, if approved
by the commission, would establish a formula-based rate template,
incorporate a 10.3% authorized return on equity (9.8% base plus RTO
participation adder of 0.50%) and 50% equity - 50% debt
hypothetical capital structure for 2017 and 2018 and a 60% equity
ceiling for 2019 - 2021. The 60% equity ceiling will remain in
effect until changed through a subsequent rate case filing. Under
the terms of the settlement, no party to the settlement, including
MAIT, may file for a change in ROE or capital structure until Dec.
31, 2021. A final FERC decision is expected to be issued around
year-end.

DOE NOPR: In September 2017, the Department of Energy (DOE)
requested that FERC issue a rule in 60 days requiring grid
operators to allow full cost recovery for generators with at least
a 90-day fuel supply that are not subject to cost-of-service
regulation. It appears that the directive would re-regulate large
swaths of the competitive U.S. generation market ostensibly to
enhance grid reliability by avoiding closure of uneconomic nuclear
and coal-fired generation. Fitch believes FES would benefit from
such a rule, which could meaningfully enhance the value of its
generating assets. FERC's response to the unusual interagency
initiative and prospects for ultimate implementation of such a rule
is highly uncertain. Incoming FERC commissioner McIntyre's recent
request for a 30-day extension to respond to the DOE Notice of
Proposed Rulemaking (NOPR) was granted by the DOE. A FERC ruling is
expected by Jan. 10, 2018. If FE's competitive generation assets
cannot be sold, a restructuring of its competitive business in
bankruptcy is likely. A key concern in an FES bankruptcy is the
ability of creditors to clawback value from FE. Fitch's base rating
case assumes $1.5 billion of costs associated with an FES
bankruptcy.

Legislative/Regulatory Initiatives: FE's strategy to maximize the
value of FES's primarily coal and nuclear generation through
legislative and regulatory means while negotiating possible plant
sales to third parties has encountered headwinds. Legislative
efforts in Ohio to provide economic support to nuclear generation
threatened by low power and natural gas prices have stalled and
progress in Pennsylvania on the issue of nuclear subsidies has been
slow with enactment of legislation uncertain.

Power Prices: FES's weak credit profile reflects the prolonged
downturn in U.S. power prices driven by burgeoning natural gas
supply, strong reserve margins, proliferation of renewable energy
and sluggish demand. A meaningful reversal in power prices seems
unlikely in light of these factors, and Fitch expects low power
prices will continue to constrain FES's margins and cash flow. Weak
PJM Interconnection, L.L.C.'s base residual auction capacity prices
will pressure post-2018 credit metrics. Moreover, FES's ability to
hedge generation with forward kilowatt-hour sales is challenged by
significantly higher collateral requirements, increasing FES's
exposure to volatile spot market prices for wholesale power.

High Leverage: Fitch's ratings consider FE's high leverage on both
a consolidated and parent-only basis. As of June 30, 2017, FE's
consolidated adjusted debt totalled $23.4 billion. Parent-only FE
long-term debt at the end of second-quarter 2017 was $7.5 billion,
representing 32% of total adjusted debt at consolidated FE.
Debt/EBITDAR was 5.0x in 2016 and is estimated by Fitch to improve
to 4.3x - 4.4x during 2018-2020 with divestiture of its commodity
exposed business.

Recovery Analysis: The individual security ratings at FES, Supply
and Allegheny Generating Co. are notched above or below their
respective IDRs as a result of the power companies' relative
recovery prospects in a default scenario. Fitch values the power
generation assets for each entity using a net present value (NPV)
analysis. Generation asset NPVs in Fitch's analysis vary based on
future gas price assumptions and other variables, such as the
discount rate and heat rate and Fitch may further adjust these
estimates to reflect prevailing market conditions. In its analysis,
Fitch uses plant valuations provided by third-party power market
consultant, Wood Mackenzie, as well as Fitch's own gas price deck
and other assumptions regarding prevailing market conditions.
Fitch's NPV analysis values FES's generating assets at $248 per
kilowatt (kw), AE Supply's generating assets at $287/kw and AGC's
at $312/kw, on average. Among other things, Fitch's analysis
assumes Henry Hub natural gas price realizations of $3.00 per
billion cubic feet (Bcf) in 2018 and 2019 increasing to $3.25 per
Bcf in 2020.

DERIVATION SUMMARY

FE's 'BBB-' IDR is lower than peers Duke Energy (DUK,
BBB+/Negative); Exelon Corporation (EXC, BBB/Stable) and American
Electric Power (AEP, BBB+/Stable), reflecting FE's relatively high
consolidated and parent-only leverage and uncertainty associated
with its competitive generation business. FE and its peers, EXC,
DUK and AEP, provide electric utility service across several state
jurisdictions through operating utility subsidiaries with generally
supportive regulation and low business risk profiles. FE, similar
to AEP, is focused on exiting the merchant generation business and
maximizing regulated returns. FE is rated one notch lower and is
commensurately more highly levered than either EXC, which continues
to operate a large commodity exposed generation business, or AEP on
an FFO-adjusted or debt/EBITDAR basis. FE's FFO-adjusted and EBITDA
leverage ratios of 5.1x and 5.3x compare favorably with DUK's 5.9x
and 5.3x, respectively, for the TTM ended June 30, 2017. Successful
exit from the competitive generation business and focus on its core
utility business would meaningfully improve FE's consolidated
business risk profile relative to its peers.

FirstEnergy Solutions' credit profile is weak relative its peers.
Unlike Calpine's well diversified generating base, FES's primarily
nuclear- and coal-fueled generating facilities are located
exclusively in PJM Interconnection LLC and lack geographic
diversity. Exelon Generation Co.'s (Exgen, BBB/Stable) and PSEG
Power LLC's (Power, BBB+/Negative) operations are similarly
concentrated geographically and have meaningful exposure to nuclear
and/or coal generation. However, both Exgen and Power have lower
leverage compared to FES. For the TTM ended June 30, 2017, Exgen's
FFO-adjusted leverage was 2.5x and Power's 1.8x. CPN's FFO-adjusted
leverage was weaker than FES's at 6.7x. However, Fitch expects
FES's post-2017 credit metrics to erode meaningfully.

As a result of strong parent-subsidiary linkage throughout the FE
corporate family, Fitch generally limits notching between FE and
its stronger regulated utility and transmission subsidiary IDRs to
one notch. The multi-notch differential between FE and its rated
non-utility subsidiaries is a function of FE's strategic decision
to exit its competitive energy business and its refusal to infuse
additional equity.

KEY ASSUMPTIONS

Fitch's key assumptions within Fitch rating case for the issuer
include:
-- Exit from FE's commodity exposed business by the end of the
    first half of 2018 and FES bankruptcy-related cash obligations

    of approximately $1.5 billion including drawdown of FE's $500
    million revolver with FES and settlement of bankruptcy related

    and other obligations.
-- Issuance of at least $1.8 billion of new equity 2017 - 2019.
-- No meaningful benefit to FE/FES from legislative/regulatory
    initiatives, including Department of Energy's grid resiliency
    notice of proposed rulemaking under consideration at FERC.
-- Continuation of generally constructive jurisdictional
    regulatory trends at the state and federal levels.
-- Our projections reflect base rate increases in Ohio in 2016
    and Pennsylvania in early 2017 and assume no state
    jurisdictional base rate changes through 2020. FE's Ohio
    utilities are precluded from filing a base rate case through
    May 2024. In Pennsylvania, FE's last base rate case order
    included a stay-out until Jan. 2019.
-- Utility sales growth of 0.5% at FE's core utility business.

RATING SENSITIVITIES

Future developments that may, individually or collectively, lead to
a positive rating action for FE include:
-- Rating upgrades are not anticipated in the near term. However,

    continued rate base growth along with constructive regulatory
    outcomes and successful exit from its merchant generation
    business could result in future credit upgrades in the
    intermediate to long term. These factors along with secular
    improvement in debt to EBITDAR and FFO-adjusted leverage to
    better than 4x and 5x, respectively, could lead to credit
    rating upgrades.

Future developments that may, individually or collectively, lead to
a negative rating action at FE include:
-- Larger than expected exposure to creditor clawbacks in a FES
    bankruptcy scenario could result in credit rating downgrades.
-- Inability of FE to exit the competitive generation business
    consistent with management's strategic focus on its core
    regulated utility and transmission operations.
-- Significant deterioration in regulatory compacts across FE's
    six-state service territory could result in credit rating
    downgrades.
-- These or other factors resulting in sustained debt to EBITDAR
    leverage of greater than 5.0x and FFO-adjusted leverage of
    greater than 6.0x than could lead to future credit rating
    downgrades at FE.

Future developments that may, individually or collectively, lead to
a positive rating action for FES, NG and FG include:
-- Credit rating upgrades are not likely ahead of evolving
    restructuring and other challenges.

Future developments that may, individually or collectively, lead to
a negative rating action at FES, NG and FG include:
-- A bankruptcy filing at FES, NG and FG.
-- Increased cash calls related to pending maturities, collateral

    requirements or other unanticipated developments.
-- Inability to execute regulatory/legislative initiatives to
    enhance the ultimate value realized for generating assets to
    be divested.
-- Issuance of incremental first lien debt could result in
    downgrades to senior unsecured obligations .

Future developments that may, individually or collectively, lead to
a positive rating action for Supply and AG include:
-- A sharp, sustained increase in power prices resulting in
    meaningful improvement in Supply's debt to EBITDAR sustaining
    below 6.0x.

Future developments that may, individually or collectively, lead to
a negative rating action at Supply and AG include:
-- Weaker power prices or prolonged major plant outage(s).
-- Inability to divest assets at reasonable price levels.
-- Sustained debt to EBITDAR of significantly more than 6.5x.

Future developments that may, individually or collectively, lead to
a positive rating action for OE, CEI and TE include:
-- A credit rating upgrade at the utilities' corporate parent,
    FE, would likely trigger future credit rating upgrades at OE,
    CEI and TE along with debt-to-EBITDAR of better than 3.6x.

Future developments that may, individually or collectively, lead to
a negative rating action at OE, CEI and TE include:
-- Significant deterioration in the Ohio regulatory compact,
    capex cost overruns, disallowances or other unanticipated
    factors leading to a secular weakening of debt-to-EBITDAR at
    OE, CEI or TE to 4.1x or greater.

Future developments that may, individually or collectively, lead to
a positive rating action for ME, PN, WP and PP include:
-- A credit rating upgrade at the utilities' corporate parent,
    FE, would likely trigger future credit rating upgrades at ME,
    PN, WP and PP along with sustained debt-to-EBITDAR of better
    than 3.6x.

Future developments that may, individually or collectively, lead to
a negative rating action at ME, PN, WP and PP include:
- Significant deterioration in the Pennsylvania regulatory
   compact, capex cost overruns, disallowances or other
   unanticipated factors leading to a secular weakening of debt-
   to-EBITDAR at ME, PN, WP and PP to 4.1x or greater.

Future developments that may, individually or collectively, lead to
a positive rating action for JCP&L include:
-- Improvement in JCP&L's debt to EBITDAR to 3.8x or better on a
    sustainable basis driven by better than expected regulatory
    outcomes, operating efficiencies or other factors.

Future developments that may, individually or collectively, lead to
a negative rating action at JCP&L include:
-- Deterioration in the New Jersey regulatory compact or
    disruptive events such as storm activity that would result in
    debt to EBITAR sustaining at 4.4x or higher.

Future developments that may, individually or collectively, lead to
a positive rating action for MP include:
-- Improvement in MP's debt to EBITDAR to 3.8x or better on a
    sustainable basis driven by better than expected regulatory
    outcomes in West Virginia, operating efficiencies or other
    factors.

Future developments that may, individually or collectively, lead to
a negative rating action at MP include:
-- Deterioration in the regulatory compact in West Virginia or
    disruptive events such as storm activity or prolonged major
    plant outages that would result in debt to EBITAR sustaining
    at 4.4x or higher.

Future developments that may, individually or collectively, lead to
a positive rating action for PE include:
-- Improvement in PE's debt to EBITDAR to 3.8x or better on a
    sustainable basis driven by better than expected regulatory
    outcomes in West Virginia and Maryland, operating efficiencies

    or other factors.

Future developments that may, individually or collectively, lead to
a negative rating action at PE include:
-- Deterioration in the regulatory compact in West Virginia and
    Maryland or disruptive events such as storm activity that
    would result in debt to EBITAR sustaining at 4.4x or higher.

Future developments that may, individually or collectively, lead to
a positive rating action for FET include:
-- Improved margins resulting in debt to EBITDAR sustaining at
    levels lower than 3.8x.

Future developments that may, individually or collectively, lead to
a negative rating action at FET include:
-- Deterioration in the regulatory compact or other factors that
    would cause debt to EBITDAR to sustain above 4.4x beyond 2019

Future developments that may, individually or collectively, lead to
a positive rating action for, ATSI, MAIT and TrAIL include:
-- An upgrade at FE along with sustained debt to EBITDAR of 3.6x
    or better.

Future developments that may, individually or collectively, lead to
a negative rating action at ATSI, MAIT and TrAIL include:
-- Margin pressure due to cost overruns or other factors
    including unexpected deterioration resulting in sustained debt

    to EBITDAR of 4.1x.

LIQUIDITY

FE's consolidated liquidity position is solid. FE had approximately
$4.9 billion of total consolidated liquidity as of June 30, 2017,
including $114 million of cash and cash equivalents and unused
borrowing capacity under its total $5 billion of committed
revolving credit facilities. In December 2016 FE increased the size
of its corporate bank facility to $4 billion from $3.5 billion
under its previous revolving credit facility and terminated FES's
and Allegheny Energy Supply's (Supply) credit facilities. In
addition, FirstEnergy Transmission, LLC (FET) has a $1 billion
revolving credit facility. FE's and FET's revolving credit
facilities are scheduled to terminate on Dec. 6, 2021. FE also
provides a two-year $700 million secured revolving credit ($500
million) and surety credit support facility ($200 million) to FES
as borrower and FG and NG as guarantors.

FE's utility subsidiaries rely on sub-limits under FE's $4 billion
revolving credit agreement to meet their liquidity requirements and
FET's transmission subsidiaries also have borrowing sub-limits
under FET's $1 billion revolving credit facility. FE's integrated
and distribution utility and transmission operating subsidiaries
also participate in FE's corporate utility money pool to meet their
short-term working capital requirements. A separate money pool is
available for FE's competitive businesses and includes FES and its
subsidiaries (FirstEnergy Nuclear Generation, LLC and FirstEnergy
Generation, LLC), Allegheny Energy Supply, LLC, Allegheny
Generating Company and FE's intermediate transmission holding
company, FirstEnergy Transmission. As of June 30, 2017 FES had $173
million borrowed under FE's unregulated money pool.

FE's consolidated debt leverage is high, with total debt
approximating $23 billion on a consolidated basis, including
parent-only long-term debt of $7.5 billion as of June 30, 2017.
Consolidated FE FFO-adjusted leverage was 5.1x for the TTM June 30,
2017.
FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

FirstEnergy Corp.
-- Long-Term IDR at 'BBB-';
-- Senior unsecured notes at 'BBB-'.
-- Short-term IDR at 'F3'.

The Rating Outlook is Stable.

FirstEnergy Solutions Corp.
-- Long-Term IDR at 'CC';
-- Senior unsecured notes at 'C/RR5'.

FirstEnergy Generation LLC
-- Long-Term IDR at 'CC'
-- Senior secured pollution control notes at 'CCC+/RR1';
-- Senior unsecured pollution control notes at 'C/RR5';
-- Bruce Mansfield sale-leaseback certificates at 'C/RR5'.

FirstEnergy Nuclear Generation
-- Long-Term IDR at 'CC';
-- Senior secured pollution control notes at 'CCC+/RR1';
-- Senior unsecured pollution control notes at 'C/RR5'.

Allegheny Energy Supply Company, LLC
-- Long-Term IDR at 'B',
-- Senior secured pollution control notes at 'BB/RR1';
-- Senior unsecured notes at 'BB-/RR2'.

The Rating Outlook is Stable.

Allegheny Generating Company
-- Long-Term IDR 'B+',
-- Senior unsecured notes 'BB'/RR2'.

The Rating Outlook is Stable.

Ohio Edison Company
-- Long-Term IDR 'BBB,
-- First mortgage bonds 'A-';
-- Senior unsecured notes 'BBB+';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

The Cleveland Electric Illuminating Company
-- Long-Term IDR 'BBB',
-- First mortgage bonds 'A-';
-- Senior secured notes 'A-';
-- Senior notes 'BBB+';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

The Toledo Edison Company
-- Long-Term IDR 'BBB',
-- Senior secured notes 'A-';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

Pennsylvania Power Company
-- Long-Term IDR 'BBB',;
-- First mortgage bonds 'A-';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

West Penn Power Co.
-- Long-Term IDR 'BBB',
-- First mortgage bonds 'A-';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

Pennsylvania Electric Company
-- Long-Term IDR 'BBB',
-- Senior notes 'BBB+';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

Metropolitan Edison Company
-- Long-Term IDR 'BBB',
-- Senior notes 'BBB+';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

Jersey Central Power and Light Company
-- Long-Term IDR 'BBB-',
-- Senior notes 'BBB';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

Monongahela Power Company
-- Long-Term IDR 'BBB-',
-- First mortgage bonds 'BBB+';
-- Senior secured pollution control notes 'BBB+';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

Potomac Edison Co.
-- Long-Term IDR 'BBB-',
-- First mortgage bonds 'BBB+';
-- Short-Term IDR 'F3'.

FirstEnergy Transmission, LLC
-- Long-Term IDR 'BBB-',
-- Senior unsecured notes 'BBB-';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

American Transmission Systems, Incorporated
-- Long-Term IDR 'BBB',
-- Senior unsecured notes 'BBB+';
-- Short-Term IDR 'F3'.

The Rating Outlook is Stable.

Trans-Allegheny Interstate Line Company
-- Long-Term IDR 'BBB',
-- Senior unsecured notes 'BBB+';
-- Short-Term IDR 'F3'.
The Rating Outlook is Stable.

Fitch has assigned the following first time ratings:
Mid-Atlantic Interstate Transmission, LLC
Long-Term IDR 'BBB';
Short-Term IDR 'F3'.

The Rating Outlook is Stable.


FISHERMAN'S PIER: DOJ Watchdog Seeks Chapter 11 Trustee Appointment
-------------------------------------------------------------------
Guy G. Gebhardt, Acting United States Trustee for Region 21, asks
the U.S. Bankruptcy Court for the Middle District of Florida, on an
expedited basis, to enter an order directing the appointment of a
Chapter 11 Trustee in the case of Fisherman's Pier, Inc.

On Oct. 27, 2017, Spiro Marchelos, one of the Debtor's
shareholders, filed an emergency motion to dismiss the instant case
as a bad faith filing. The hearing is currently scheduled for an
evidentiary hearing on Dec. 12, 2017.

After the initial first-day hearings and the 341 meeting of
creditors, it has become clear that this case involves solely, or
in most part, a shareholder dispute. The record in this case, both
at the hearings, and the in the pleadings filed, support that.

Under the facts of the instant case, a Chapter 11 Trustee is the
only appropriate party to lead this case, as the Debtor requires an
independent fiduciary to guide this case through the Chapter 11
that is otherwise not the current management or shareholders of the
Debtor. It is clear that the case will benefit from a third party
fiduciary to resolve the shareholder dispute and to take this case
through Confirmation.

The appointment of a Chapter 11 Trustee would also be in the best
interests of creditors and the estate, as evidenced by the facts
and the record in this case.

The U.S. Trustee requests that the notice be shortened and that an
expedited hearing be scheduled for Dec. 12, 2017, so that it can be
heard at the same time as the motion to dismiss.

A copy of the U.S. Trustee's Request is available at:

    http://bankrupt.com/misc/flsb17-22819-100.pdf

                    About Fisherman's Pier

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


FLEG EAGLE: Case Summary & 18 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Fleg Eagle Rd, LLC
           dba Pinnacle Sports Grill
        2902 N. Eagle Rd
        Meridian, ID 83646

Business Description: Fleg Eagle Rd, LLC operates the
                      Pinnacle Sports Grill bar and restaurant
                      based in Meridian, Idaho.

Chapter 11 Petition Date: December 18, 2017

Case No.: 17-01673

Court: United States Bankruptcy Court
       District of Idaho (Boise)

Judge: Hon. Jim D Pappas

Debtor's Counsel: Patrick John Geile, Esq.
                  FOLEY FREEMAN, PLLC
                  PO Box 10
                  Meridian, ID 83680
                  Tel: (208) 888-9111
                  Fax: (208) 888-5130
                  E-mail: pgeile@foleyfreeman.com
                          rboyle@foleyfreeman.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Nicolas W. Clare, owner.

A full-text copy of the petition, along with a list of 18 largest
unsecured creditors, is available for free at
http://bankrupt.com/misc/idb17-01673.pdf


FLOYD E. SQUIRES: Court Amends Memo on Notice of Bid to Use Cash
----------------------------------------------------------------
Judge William J. Lafferty, III, of the U.S. Bankruptcy Court for
the Northern District of California issued an amended memorandum
regarding the notice of motion to use cash collateral filed by
Debtor Floyd E. Squires, III.

On Nov. 30, 2017, the Debtor filed a Motion to Use Cash Collateral.
On the same day, the Debtor filed a Notice of Hearing (Preliminary)
on Motion for a hearing set on Dec. 8, 2017 at 10:00 a.m. It does
not appear to the Court that the 20 largest unsecured creditors
were given notice of the hearing pursuant to Federal Rule of
Bankruptcy Procedure 4001(b)(1)(C).

The Court instructs that the Debtor should either be prepared at
the hearing to explain this or act swiftly to serve such
creditors.

The bankruptcy case is in re: Floyd E. Squires III, Chapter 11,
Debtor, Case No. 17-10828 (Bankr. N.D. Cal.).

A copy of the Court's Amended Memorandum dated Dec. 6, 2017 is
available at https://is.gd/XVN6Fn from Leagle.com.

Floyd E. Squires, III, Debtor, represented by David N. Chandler,
Law Offices of David N. Chandler — DChandler1747@yahoo.com

Office of the U.S. Trustee/SR, U.S. Trustee, represented by Jared
A. Day, Office of the United States Trustee.

Floyd E. Squires, III, and Betty J. Squires filed for chapter 11
protection (Bankr. N.D. Cal. Case No. 16-10828) on Nov. 8, 2017,
and are represented by David N. Chandler, Esq. of the Law Offices
of David N. Chandler.


FM 544 PARK: Hires Goodrich Postnikoff as Counsel
-------------------------------------------------
FM 544 Park Vista Ltd., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the Northern District of Texas
to employ Goodrich Postnikoff & Associates, LLP, as counsel to the
Debtor.

FM 544 Park requires Goodrich Postnikoff to:

   a. advise the Debtor with respect to the rights, powers and
      duties as Debtor continued to operate and manage the
      businesses and properties of the Debtor;

   b. advise the Debtor concerning, and assist in the negotiation
      and documentation of, agreements, debt restructuring, and
      related transactions;

   c. monitor transactions proposed by the parties in interest
      during the course of the bankruptcy case, and advise the
      Debtor regarding the same;

   d. review the nature and validity of liens asserted against
      the property of the Debtor and advise the Debtor concerning
      the enforceability of such liens;

   e. advise the Debtor concerning the actions that might be
      taken to collect and to recover property for the benefit of
      the Debtor's estate;

   f. review and monitor the Debtor's ongoing business;

   g. prepare on behalf of the Debtor all necessary and
      appropriate applications, motions, pleadings, draft orders,
      notices and other documents, and review all financial and
      other reports to be filed in the Chapter 11 case;

   h. advise the Debtor concerning, and prepare responses to,
      applications, motions, pleadings, notices and other papers
      that may be filed and served in the Chapter 11 case;

   i. advise the Debtor in connection with any suggested or
      proposed plans of reorganization;

   j. counsel the Debtor in connection with the formulation,
      negotiation and promulgation of a plan of reorganization;
      and

   k. perform all other legal services for and on behalf of the
      Debtor that may be necessary or appropriate in the
      administration of the Chapter 11 case.

Goodrich Postnikoff will be paid at these hourly rates:

     Partners                   $275-$375
     Associates                 $200
     Paraprofessionals          $90

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

Joseph F. Postnikoff, a partner of Goodrich Postnikoff &
Associates, LLP, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Goodrich Postnikoff can be reached at:

     Joseph F. Postnikoff, Esq.
     GOODRICH POSTNIKOFF & ASSOCIATES, LLP
     801 Cherry, Suite 1010
     Fort Worth, TX 76102
     Tel: (817) 347-5261
     Fax: (817) 335-9411
     E-mail: jpostnikoff@gpalaw.com

              About FM 544 Park Vista Ltd

FM 544 Park Vista Ltd., based in Addison, Texas, filed a Chapter 11
petition (Bankr. N.D. Tex. Case No. 17-34255) on November 7, 2017.
The Hon. Stacey G. Jernigan presides over the case. Joseph F.
Postnikoff, Esq., at Goodrich Postnikoff & Associates, LLP, 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 Richard
Shaw, its manager.


FORTRESS TRANSPORTATION: S&P Affirms B+ Notes Rating AmidAdd-On
---------------------------------------------------------------
S&P Global Ratings affirmed its 'B+' issue-level rating on New
York-based Fortress Transportation and Infrastructure Investors
LLC's senior unsecured notes following the company's announcement
of a proposed $75 million add-on. The '2' recovery rating remains
unchanged, indicating S&P's expectation that lenders would receive
substantial (70%-90%; rounded estimate: 85%) recovery of their
principal in the event of a payment default.

The add-on will feature the same terms as the existing notes, which
have an interest rate of 6.75% and mature on March 15, 2022. The
company will use the proceeds from the add-on for general corporate
purposes, including to fund future investments.

RATINGS LIST

  Fortress Transportation and Infrastructure Investors LLC
   Corporate Credit Rating          B/Stable/--

  Ratings Affirmed; Recovery Ratings Unchanged

  Fortress Transportation and Infrastructure Investors LLC
   Senior Unsecured                 B+
    Recovery Rating                 2(85%)



GARDEN OF EDEN: Plan Filing Period Extended Through December 26
---------------------------------------------------------------
Judge James L. Garrity, Jr. of the U.S. Bankruptcy Court for the
Southern District of New York, at the behest of Garden of Eden
Enterprises, Inc. and its affiliates, has extended the period
during which the Debtors will have the exclusive right to file a
Plan to December 26, 2017, as well as the period during which the
Debtors will have the exclusive right to solicit acceptances to a
Plan to February 20, 2018.

The Troubled Company Reporter has previously reported that the
Debtors sought an extension of the Exclusive Periods to provide
them ample time to negotiate with their respective landlords so as
to enable them to formulate a plan of reorganization.

The Debtors related that since the Petition Date, they have been
evaluating their store sales and the costs to support each store
location.  Enterprises, Broadway and Gourmet filed a Motion to
Assume their respective leases which is currently scheduled to be
heard by the Court on November 9, 2017.

Broadway and Gourmet believed that if they are able to finalize
rent modifications and/or extensions of their respective lease
terms and negotiate payment terms with respect to the pre-petition
cure amounts due and owing to their respective landlords, they will
be in a position to negotiate and formulate a plan of
reorganization with its secured creditors, along with the
Committee.

Simultaneously, the Debtors have been negotiating with Noah Bank,
American Express and the Committee with regard to their respective
claims in the Debtors' estates. As such, the Debtors needed the
opportunity to continue with these discussions to enable them the
opportunity to reach a consensual plan of reorganization.

                 About Garden of Eden Enterprises

Garden of Eden Enterprises, Inc., Broadway Specialty Food, Inc.,
Coskun Brothers Specialty, and Garden of Eden Gourmet Inc. filed
Chapter 11 petitions (Bankr. S.D.N.Y. Case Nos. 16-12488, 16-12490,
16-12491, 16-12492, respectively) on Aug. 29, 2016. The petitions
were signed by Mustafa Coskun, president.  The cases are assigned
to Judge James L. Garrity Jr.

Doing business as Garden of Eden, the Debtors operate three upscale
full-service specialty-food retail stores at leased premises in New
York.  Garden of Eden Enterprises is the parent operating company
of the Debtors, and maintains its place of business at 720 Anderson
Avenue, Cliffside Park, New Jersey 07010.

Clifford A. Katz, Esq., and Scott K. Levine, Esq., of Platzer,
Swergold, Levine, Goldberg, Katz & Jaslow, LLP, serve as counsel to
the Debtors.

The Debtors disclosed $8.05 million in assets and $8.29 million in
liabilities.

U.S. Trustee William K. Harrington on Sept. 15, 2016, appointed
three creditors to serve on the official committee of unsecured
creditors.  The Committee retained Sullivan & Worcester LLP as
counsel.


GAWKER MEDIA: Sale Order Bars Any Claims Against Gizmodo
--------------------------------------------------------
Debtors Gawker Media LLC and affiliates sold substantially all of
their assets to Gizmodo Media Group LLC free and clear of all
liens, claims, interests and encumbrances. Prior to the sale,
Gawker had published an article on one of its websites that
allegedly defamed Pregame LLC and Randall James Busack
("Plaintiffs"). After the sale, the Plaintiffs brought an action in
New York State Court against Gizmodo and Ryan Goldberg, the author
of the Article. In response, Gizmodo filed a motion to bar the
state court action on the ground that it violated the sale order.

Upon analysis, Bankruptcy Judge Stuart M. Bernstein grants in part
and denies in part Gizmodo's motion.

The Plaintiffs implicitly concede that the Sale Order bars any
claims based on pre-sale conduct. They argue that "[t]he Complaint
on its face only seeks relief for postsale conduct, and thus the
Sale Order is not implicated." The Court opines that the argument
is disingenuous. The Complaint opens with the proclamation that
"t]his action by plaintiffs . . . arises out of the publication of
numerous false and defamatory statements about Plaintiffs by
defendant Ryan Goldberg on Deadspin.com, which is owned and
operated by Gizmodo []." The "publication" refers to the initial
posting of the Article on June 23, 2016. The vast majority of the
allegations discuss the publication of the Article and the
immediate aftermath and do not mention the Sale Order.

The Sale Order bars the claims arising from the pre-sale
publication of the Article. Under New York's single publication
rule, "the publication of a defamatory statement in a single issue
of a newspaper, or a single issue of a magazine, although such
publication consists of thousands of copies widely distributed, is,
in legal effect, one publication which gives rise to one cause of
action and . . . the applicable Statute of Limitation runs from the
date of that publication." The same rule applies to postings on the
Internet. Accordingly, only one cause of action accrues on the date
of the initial publication. Moreover, the plaintiff cannot plead
around the one-year statute of limitations by recasting his
defamation claim under a different name or theory. Thus, the single
publication rule governs all claims arising from the publication
when their essence is defamation. To avoid the prohibition imposed
by the single publication rule, the pleading must allege facts that
the defendant republished the defamatory material, but
republication does not occur merely by maintaining the information
on the website.

As the Plaintiffs implicitly concede, the Sale Order bars any
claims against Gizmodo arising from the publication of the
allegedly defamatory Article on June 23, 2016. Accordingly, the
Plaintiffs are enjoined from asserting those claims in state court.
Gawker also asks the Court to reject any post-sale claims because
the Complaint, it says, does not allege a legally sufficient
republication claim. The Court declines the invitation. Whether the
Complaint alleges a legally sufficient post-sale claim against
Gizmodo based on republication or some other theory is an issue
best left to the state court presiding over the action.

A full-text copy of Judge Bernstein's Memorandum Decision dated
Dec. 12, 2017 is available at:

     http://bankrupt.com/misc/nysb16-11700-1063.pdf

Counsel to Gizmodo Media Group, LLC:

     Peter M. Gilhuly, Esq.
     Adam E. Malesta, Esq.
     Shawn P. Hansen, Esq.
     LATHAM & WATKINS LLP
     355 South Grand Avenue
     Los Angeles, California 90071
     peter.gilhuly@lw.com
     adam.malatesta@lw.com
     shawn.hansen@lw.com

          -and-

     Thomas G. Henthoff, Esq.
     WILLIAMS & CONNOLLY LLP
     725 Twelfth Street, N.W.
     Washington, D.C. 20005
     thenthoff@wc.com

Counsel to Pregame LLC and Randall James Busack:

     Jonathan L. Flaxer, Esq.
     Michael S. Weinstein, Esq.
     S. Preston Ricardo, Esq.
     GOLENBOCK EISEMAN ASSOR BELL & PESKOE LLP
     711 Third Avenue
     New York, New York 10017
     jflaxer@golenbock.com
     mweinstein@golenbock.com
     pricardo@golenbock.com

Counsel to the Plan Administrator for the Debtors:

     Gregg M. Galardi, Esq.
     Joshua Y. Sturm, Esq.
     ROPES & GRAY LLP
     1211 Avenue of the Americas
     New York, New York 10036
     Gregg.Galardi@ropesgray.com
     Joshua.Sturm@ropesgray.com

Counsel to Amici Curiae Society of Professional Journalists,
Reporters Committee for Freedom of the Press and 19 Other Media
Organizations:

     Bruce W. Sanford, Esq.
     Mark I. Bailen, Esq.
     Andrew M. Grossman, Esq.
     Michael A. Sabella, Esq.
     BAKER & HOSTETLER LLP
     Washington Square, Suite 1100
     1050 Connecticut Avenue, N.W.
     bsanford@bakerlaw.com
     mbailen@bakerlaw.com
     agrossman@bakerlaw.com
     msabella@bakerlaw.com

                 About Gawker Media

Founded in 2002 by Nick Denton, Gawker Media is privately held
online media company operating seven distinct media brands with
corresponding websites under the names Gawker, Deadspin,
Lifehacker, Gizmodo, Kotaku, Jalopnik, and Jezebel. The Company's
various Websites cover, among other things, news and commentary on
current events, politics, pop culture, sports, cars, fashion,
productivity, technology and video games.

Gawker sought bankruptcy protection after being ordered to pay
$140.1 million in connection with an invasion of privacy lawsuit
arising from publication of a report and commentary and
accompanying sex video involving Terry Gene Bollea, popularly known
as Hulk Hogan.

New York-based Gawker Media, LLC -- fdba Gawker Sales, LLC, Gawker
Entertainment, LLC, Gawker Technology, LLC and Blogwire, Inc. --
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case No.
16-11700) on June 10, 2016.  The Hon. Stuart M. Bernstein presides
over the Debtors' cases.

Affiliates Gawker Media Group, Inc., and Budapest, Hungary-based
Kinja, Kft., filed separate Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 16-11719 and 16-11718) on June 12, 2016.  The cases are
jointly administered.

Gregg M. Galardi, Esq., David B. Hennes, Esq., and Michael S.
Winograd, Esq., at Ropes & Gray LLP serve as counsel to the
Debtors.  William Holden at Opportune LLP serves as Gawkers' chief
restructuring officer.  Houlihan Lokey Capital, Inc., serves as the
Debtors' investment banker.  Prime Clerk LLC serves as claims,
balloting and administrative agent.

The Debtors estimated $50 million to $100 million in assets and
$100 million to $500 million in liabilities.

Mr. Denton filed for personal bankruptcy on Aug. 1, 2016, to
protect himself from the legal judgment awarded to Hulk Hogan in an
invasion-of-privacy lawsuit.

The U.S. Trustee for Region 2 on June 24, 2016, appointed three
creditors of Gawker Media LLC and its affiliates to serve on the
official committee of unsecured creditors.  The committee members
are Hulk Hogan, Shiva Ayyadurai, and Ashley A. Terrill.  The
Committee retained Simpson Thacher & Bartlett LLP, in New York, as
counsel.

Counsel to US VC Partners LP, as Prepetition Second Lien Lender,
are David Heller, Esq., and Keith A. Simon, Esq., at Latham &
Watkins LLP.

Counsel to Cerberus Business Finance, LLC, as DIP Lender, are Adam
C. Harris, Esq., at Schulte Roth & Zabel LLP.


GREEN CUBE: Hires Gusrae Kaplan as Litigation Counsel
-----------------------------------------------------
Green Cube Cafe, Inc., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the Southern District of New
York to employ Gusrae Kaplan Nusbaum, PLLC, as special litigation
counsel to the Debtors.

Green Cube requires Gusrae Kaplan to:

   a. analyze and determine the Debtors' legal arguments
      concerning a potential legal malpractice claim;

   b. draft, file and prosecute a potential legal malpractice
      complaint;

   c. provide advice regarding basis for potential settlement
      of the alleged legal malpractice claim; and

   d. advise the Debtors of their rights in connection with
      the foregoing.

Gusrae Kaplan will be paid at these hourly rates:

     Partners                    $500
     Associates                  $175-$300
     Paralegals                  $100

Gusrae Kaplan was paid a $49,689 retainer from Lung Chen, the
managing member of the Debtors.

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

Ryan Whalen, member of Gusrae Kaplan Nusbaum, PLLC, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Gusrae Kaplan can be reached at:

     Ryan Whalen, Esq.
     GUSRAE KAPLAN NUSBAUM, PLLC
     81 Main Street, Suite 215
     White Plains, NY 10601
     Tel: (212) 269-1400

              About Green Cube Cafe, Inc.

Green Cube Cafe Inc. is a fast food company that serves fresh and
natural ingredients. It offers salads, smoothies, soups, yogurts
and gourmet cafe and bakery items. The Debtor has locations at
Cross County Shopping Center, Yonkers, New York; Jefferson Valley
Mall, Yorktown Heights, New York; Queens Center Mall, Elmhurst, New
York; Green Acres Mall, Valley Stream, New York; 3 Purdy Avenue,
Rye, New York; and Danbury Fair Mall, Danbury, Connecticut.

Green Cube Cafe and its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. E.D.N.Y. Lead Case No. 17-23751)
on November 15, 2017.  Lung Chen, its president, signed the
petitions.  The Debtors hired DelBello Donnellan Weingarten Wise &
Wiederkehr, LLP, as legal counsel, and Gusrae Kaplan Nusbaum, PLLC,
as special litigation counsel.

At the time of the filing, Green Cube Cafe disclosed that it had
estimated assets and liabilities of less than $50,000.

Judge Robert D. Drain presides over the cases.


GREENWAY LLC: Taps Pila Law Group as Bankruptcy Counsel
-------------------------------------------------------
Greenway LLC seeks authority from the U.S. Bankruptcy Court for the
Southern District of Florida to hire the law firm of Tomas A. Pila
as Chapter 11 counsel.

Professional services that the attorney will render are:

     a. give advice to the Debtor with respect to its powers and
duties as a debtor in possession and the continued management of
its business operations;

     b. advise the Debtor with respect to its responsibilities in
complying with the U.S. Trustee's Operating Guidelines and
Reporting Requirements and with the rules of the court;

     c. prepare motions, pleadings, orders, applications, adversary
proceedings, and other legal documents necessary in the
administration of the case;

     d. protect the interest of the Debtor in all matters pending
before the court; and

     e. represent the Debtor in negotiation with its creditors in
the preparation of a plan.

Tomas A. Pila, Esq. attests that neither he nor the firm represent
any interest adverse to the Debtor, or the estate, and they are
disinterested persons as required by 11 U.S.C. Sec. 327(a).

The attorney can be reached through:

     Tomas A. Pila, Esq.
     PILA LAW GROUP, LLC
     3191 Coral Way, Suite 401
     Miami, FL 33145
     Phone: 305-774-6300
     Email: pilalaw@bellsouth.net

                          About Greenway LLC

Based in Miami, Florida, Greenway, LLC, a single asset real estate
company, filed a Chapter 11 petition (Bankr. S.D. Fla. Case No.
17-23693) on November 13, 2017, listing under $1 million in both
assets and liabilities.  The Debtor is represented by Tomas A.
Pila, Esq. at Pila Law Group as counsel.


HEART AND VASCULAR: Hires Darnall Sikes as Accountant
-----------------------------------------------------
Heart and Vascular Associates of Acadiana, P.C., seeks authority
from the U.S. Bankruptcy Court for the Western District of
Louisiana to employ Darnall Sikes Gardes & Frederick, as accountant
to the Debtor.

Heart and Vascular requires Darnall Sikes to:

   -- file all necessary payroll, monthly, quarterly, and annual
      tax returns with the various taxing authorities; and

   -- prepare the monthly operating reports for filing with the
      Bankruptcy Court.

Darnall Sikes will be paid at these hourly rates:

     Partners                      $250
     Managers                      $175
     In-Charge Accountants         $100
     Senior Accountants            $90
     Junior Accountants            $80
     Bookkeepers                   $80

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

Joan Moody, partner of Darnall Sikes Gardes & Frederick, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Darnall Sikes can be reached at:

     Joan Moody
     DARNALL SIKES GARDES & FREDERICK
     2000 Kaliste Saloom Rd
     Lafayette, LA 70508
     Tel: (337) 232-3312
     Fax: (337) 237-3614

            About Heart and Vascular Associates
                    of Acadiana, P.C.

Heart and Vascular Associates of Acadiana, P.C. is a medical
facility that, among others, provides diagnoses and comprehensive
treatment plans. Based in Lafayette, Louisiana, Heart and Vascular
Associates of Acadiana filed a Chapter 11 petition (Bankr. W.D. La.
Case No. 17-51387) on October 19, 2017, listing under $1 million in
assets and liabilities. The Debtor is represented by Rodd C.
Richoux at Richoux Law Firm, LLC as counsel.


HOAG URGENT: PCO Files First Interim Report
-------------------------------------------
Constance Doyle, the patient care ombudsman for Hoag Urgent
Care-Tustin, Inc., and affiliates, submits a first interim report
for the period of Oct. 1, 2017, through Nov. 30, 2017.

Hoag Urgent Care-Tustin, Inc., comprises of five separate Urgent
Care Facilities in the Orange County area. Three of the centers
show the Hoag brand name and are independently operated, and they
are in Tustin, Huntington Harbour, and Anaheim. The remaining
Centers do not use the HOAG name and are Laguna-Dana Urgent Care
Center in Dana Point, CA. and Cypress Urgent Care Center in
Cypress, CA.

The functioning, the staffing, the physician and other professional
coverage is much the same throughout the five facilities, with the
placement of Physician Assistants or Nurse Practitioners, as well
as physicians on a daily basis throughout the facilities. The
Debtor, Dr. Amster assumes responsibility for the oversight of the
non-physician providers which is appropriate.  Patient rights are
available. No privacy violations noted on any of the visits.

The PCO finds that all care provided to the patients by Hoag Urgent
Care-Tustin, Inc., et al is well within the standard of care. The
PCO will continue to monitor and is available to respond to any
concerns or questions of the Court or interested party.

A copy of the PCO's First Interim Report dated Dec. 1, 2017 is
available at:

     http://bankrupt.com/misc/cacb8-17-13077-348.pdf

            About Hoag Urgent Care-Tustin Inc.

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

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

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

Judge Theodor Albert presides over the cases.  The Debtors hired
Keen-Summit Capital Partners LLC as investment banker; and
Grobstein Teeple LLP as their accountants.


IMH FINANCIAL: 29 East MacArthur Has $10M in Assets as of Sept. 30
------------------------------------------------------------------
As previously reported, on Oct. 2, 2017, IMH Financial Corporation,
through various subsidiaries, acquired certain hotel and related
assets from 29 East MacArthur, LLC pursuant to a Purchase and Sale
Agreement in which the Company agreed to purchase the Seller's
operating hotel and related restaurant and spa operations located
in Sonoma, California for $36.0 million.

The Company filed a current report with the Securities and Exchange
Commission on Dec. 15, 2017, to file the audited financial
statements as of and for the year ended Dec. 31, 2016 and unaudited
financial statements as of and for the nine months ended Sept. 30,
2017 of 29 East MacArthur, LLC to comply with the requirements of
Rule 3-10(g) of Regulation S-X.

For the nine months ended Sept. 30, 2017, 29 East MacArthur
reported net income of $339,000 on $7.10 million of total revenues
compared to net income of $604,000 on $7.07 million of total
revenues for the same period in 2016.

As of Sept. 30, 2017, 29 East MacArthur had $9.77 million in total
assets, $6.70 million in total liabilities and $3.07 million in
members' equity.

29 East MacArthur reported net income of $529,000 on $9.51 million
of total revenues for the year ended Dec. 31, 2016.

The Financial Statements are available for free at:

                     https://is.gd/cdPweI
                     https://is.gd/nP0Bib

                    About IMH Financial Corp

Scottsdale, Ariz.-based IMH Financial Corporation is a real estate
finance and Hospitality investment company based in Scottsdale,
Arizona, with extensive experience in various aspects of commercial
real estate lending and investment.  Since 2003, IMH has invested
over $1.4 billion in real estate projects in Arizona, California,
Nevada, Utah, Idaho, Minnesota, New Mexico, and Texas.  IMH's
primary expertise is in acquiring, financing, or developing
commercial, residential and hospitality real estate, primarily in
the southwestern United States, as well as the management of
several existing commercial operations.

IMH Financial reported a net loss attributable to common
shareholders of $12.25 million on $33.68 million of total revenue
for the year ended Dec. 31, 2016, compared to a net loss
attributable to common shareholders of $18.90 million on $32.49
million of total revenue for the year ended Dec. 31, 2015.

As of Sept. 30, 2017, IMH Financial had $98.45 million in total
assets, $23.85 million in total liabilities, $34.16 million in
redeemable convertible preferred stock, and $40.44 million in total
stockholders' equity.


KANZLER LANDSCAPE: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Kanzler Landscape Contractor, Inc.
        30846 N. Highway 12
        Round Lake, IL 60073

Type of Business: Kanzler Landscape Contractor, Inc. is a
                  small business debtor that primarily
                  operates in the landscape contractors
                  industry.  The company's gross revenue
                  amounted to $1.48 million in 2016 and $3
                  million in 2015.  Kanzler Landscape is a
                  private company located in Round Lake,
                  Illionis.

Chapter 11 Petition Date: December 18, 2017

Case No.: 17-37355

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Judge: Hon. LaShonda A. Hunt

Debtor's Counsel: Lester A Ottenheimer, III, Esq.
                  OTTENHEIMER LAW GROUP, LLC
                  750 Lake Cook Rd - Ste 290
                  Buffalo Grove, IL 60090
                  Tel: 847 520-9400
                  Fax: 847 520-9410
                  E-mail: lottenheimer@olawgroup.com

Total Assets: $3.26 million

Total Liabilities: $2.69 million

The petition was signed by James Kanzler, president and owner.

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/ilnb17-37355.pdf


KID BRANDS: Opposes Bid for Case Conversion to Ch. 7 Proceeding
---------------------------------------------------------------
BankruptcyData.com reported that Kid Brands filed with the U.S.
Bankruptcy Court an objection to (i) motion of the U.S. Trustee
(UST) assigned to the case for an order converting the Chapter 11
reorganization to a liquidation under Chapter 7 or, in the
alternative, dismissing the cases and to (ii) the cross-motion for
an order authorizing the Debtors to distribute remaining cash and
dismiss the cases. The Debtors explain, "After considering
available alternatives, the Debtors and the Committee determined
that a dismissal of these Chapter 11 Cases would be the most
effective vehicle to achieve these goals. Earlier this year, and
prior to the filing of the Conversion Motion, the Debtors and the
Committee approached the UST's Office to discuss the Debtors'
proposal for disbursement of the remaining cash on hand and
dismissal of these cases and to solicit the UST's support for same.
Although the Debtors and the Committee engaged in numerous
discussions with the UST's Office, the Debtors were ultimately
advised that the UST's Office would oppose a motion to dismiss
these cases. Although the UST asserts in the Conversion Motion that
the Debtors 'have failed to present an exit strategy from
bankruptcy' and thus conversion of these cases would be in the best
interest of creditors, the Debtors disagree. As the UST is well
aware, there are insufficient funds available to prosecute and
confirm a plan of liquidation in the Chapter 11 Cases. As the UST
is also aware, all assets of these estates have already been
administered and there are no other assets to be administered or
liquidated. Conversion of the Chapter 11 Cases to chapter 7 would
add an unnecessary layer of administrative costs. Other than the
disbursement of the remaining cash held by the Debtors and held in
the GUC Trust Account . . . that are proposed to be paid to the DIP
Agent and certain Estate Professionals. There is nothing left to be
done in these cases, as all viable Avoidance Actions have been
prosecuted to conclusion and all of the Debtors' other assets have
already been liquidated. Accordingly, the Debtors oppose conversion
of these cases to Chapter 7 and cross-move for authority to
disburse the remaining funds held by the Committee and the Debtors
in accordance with the Final DIP Order and to dismiss the Chapter
11 Cases."

                        About Kid Brands

Based in Rutherford, New Jersey, Kid Brands, Inc., is a designer,
importer, marketer, and distributor of infant and juvenile consumer
products. Its operating subsidiaries consist of Kids Line, LLC,
CoCaLo, Inc., Sassy, Inc., and LaJobi, Inc.

Citing their inability to raise capital due to contingent
liabilities and operational issues, Kid Brands and six of its U.S.
subsidiaries each filed a voluntary petition (Bankr. D.N.J. Lead
Case No. 14-22582) on June 18, 2014.  The Court approved the joint
administration of their cases.  Kid Brands Inc. disclosed $921,358
in assets and $47,947,589 in liabilities as of the Chapter 11
filing.

Judge Donald H. Steckroth presides over the cases.  

Lowenstein Sandler LLP represents the Debtors in their
restructuring effort. PricewaterhouseCoopers LLP is the Debtors'
financial advisor, and GRL Capital Advisors acts as restructuring
advisors.  GRL's Glenn Langberg is the Debtors' chief restructuring
officer.  Rust Consulting/Omni Bankruptcy is the Debtors' claims
and noticing agent.

The Debtors are pursuing a sale of the assets pursuant to Section
363 of the Bankruptcy Code.

Salus Capital Partners LLC and Sterling National Bank have
committed to provide up to $49 million in DIP financing to the
Debtors.

The Official Committee of Unsecured Creditors retained Kelley Drye
& Warren LLP as counsel, Gellert Scali Busenkell & Brown LLC as
local special counsel, and Emerald Capital Advisors Corp. as
financial advisors.


LAFFITE'S HARBOR: Wants to Obtain Up To $4-Mil. in DIP Financing
----------------------------------------------------------------
Laffite's Harbor Development I, LP, and its affiliates seek
permission from the U.S. Bankruptcy Court for the Southern District
of Texas to obtain up to $4 million in postpetition secured
financing from Shady Bird Lending, LLC.

The Debtors say they do not have sufficient working capital to meet
current operating expenses incurred in the ordinary course of
business, such as maintenance and repairs, and have been unable to
obtain additional financing through traditional lenders or other
sources.  Despite significant capital raised from several private
investors, capital contributions and loans by the sole member of
the General Partner, a bond issuance from the City of Galveston for
infrastructure funding, as well as loans from Icon Bank, a New York
businessman, and a professional athlete, the Debtors lack the
capital required to build and sell homes.  The development is
otherwise shovel ready; that is, the roads, utilities, and various
amenities have been built.  What remains is the construction and
sale of homes.

Shady Bird is willing to loan the Debtors an aggregate principal
amount of up to $4 million, of which $2.5 million may be funded
upon entry of this motion and interim court order, subject to the
terms and conditions set forth in a proposed credit agreement and
together with any ancillary, collateral, or related documents and
agreements.

The availability of working capital and liquidity provided in the
proposed postpetition financing will enable the Debtors to fund the
construction and development of unimproved lots, perform routine
maintenance, and conduct necessary repairs to existing
improvements.  The construction and development of unimproved lots
will increase the overall value and marketability of the Property.
Continued funding of maintenance operations and the performance of
necessary repair work will prevent the Property from falling into
disrepair and thereby, preserve its value.

The Debtors say they have been unable to obtain unsecured
financing, generally, despite requests made to Icon Bank and an
existing lender.  Further, the Debtors have been unable to secure
financing in exchange for a grant of a super-priority
administrative expense pursuant to Section 364(c)(1), or in
exchange for junior liens on encumbered property pursuant to
Section 364(c)(3).

The Debtors' estates do not have unencumbered property with which
it can utilize to obtain financing pursuant to Section 364(c)(3).
The Debtors have been unable to obtain financing on terms more
favorable than the financing offered by the DIP Lender pursuant to
the Loan Documents.

Icon Bank of Texas, N.A., has a claim in the amount of
approximately $11,366,587 secured by first priority liens on
substantially all of the Debtors' Property.  The Robert G. Previdi
Revocable Trust has a claim in the amount of approximately
$3,613,456 secured by second priority liens on substantially all of
the Debtor's Property.  The appraised value of the Property is
approximately $20,760,000.  Therefore, the Debtors submit that all
existing lienholders are adequately protected.

The Debtors seek authority to grant Shady Bird first priority,
senior priming liens on and security interests in all assets and
properties pursuant to Sections 105, 363, 364(c), and 364(d),
including all property constituting cash collateral (and all
proceeds thereof) pursuant to Section 363(a); and, to grant a
super-priority administrative claim with priority in payment over
any and all administrative expenses of the kinds specified or
ordered pursuant to any provision of the Bankruptcy Code,
including, but not limited to Sections 105, 326, 328, 330, 331,
364, 503(b), 506(c), 507(a), 507(b), and 546(c).  The DIP Liens
will be subject to a carve-out provision.

The DIP Liens granted will not be made junior to or pari passu with
any lien, security interest, or claim heretofore or hereinafter
granted in the Debtors' Chapter 11 cases or any successor case, and
will be valid and enforceable against the Debtors, their estates,
any trustee or any other estate representative later appointed or
elected.

The Loan Documents have been negotiated in good-faith and at
arm's-length between the Debtors and Shady Bird.  The Debtors have
exercised prudent business judgment in procuring post-petition
financing on the most favorable terms.  The credit extensions,
issuances, advancements, and financial accommodations proposed by
the terms of the Loan Documents are fair, reasonable, and have been
made in good faith by Shady Bird.  Accordingly, the Debtors request
a finding that Shady Bird be entitled to the protections afforded
by Section 364(e) of the Bankruptcy Code.

The Debtors seek interim relief on an emergency basis because the
Debtors lack the working capital needed to fund maintenance,
repairs, and other costs related to prevent the assets from falling
into disrepair.  In addition, as part of the necessity to rebrand
the development and market the property, funds are needed in order
to capture the spring and summer peak-season demand for rental of
the two existing homes and to showcase the development.  Finally,
the Debtors' property taxes and public improvement district levies
are due and owing in the next forty days and will impose
significant penalties if unpaid.

The Debtors seek authorization to use cash collateral to preserve,
maintain, and maximize the value of their assets.  The Debtors lack
the working capital needed to fund critical maintenance and repairs
to the Property that, if unperformed, will render the Property to
be unsuitable for leasing during the upcoming spring season.  In
addition, the Debtors must make timely payments on property taxes
and taxes assessed by the public improvement district.

Further, the Debtors need immediate funds to recommence the
marketing of the Property for lease as well as sale.

A copy of the Debtors' request is available at:

            http://bankrupt.com/misc/txsb17-36191-38.pdf

              About Laffite's Harbor Development I LP

Laffite's Harbor Development I, LP, and its affiliate Laffite's
Harbor Development II, LP, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Texas Case Nos. 17-36191 and
17-36194) on Nov. 7, 2017.  Todd Edwards, manager, signed the
petitions.

At the time of the filing, LHD I estimated assets of $1 million to
$10 million and liabilities of $10 million to $50 million.  LHD II
estimated assets and liabilities of $10 million to $50 million.

Judge Karen K. Brown presides over the cases.

Fisher & Associates is the Debtor's counsel, with the engagement
led by Bennett G. Fisher.


LE-MAR HOLDINGS: Hires Tierny Jordan and Colliers as Brokers
------------------------------------------------------------
Le-Mar Holdings, Inc., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the Northern District of Texas
to employ The Tierny Jordan Team, a/k/a The Tierny Jordan Network,
and Colliers International North Texas, LLC, as real estate brokers
to the Debtors.

Le-Mar Holdings requires Real Estate Brokers to:

   a. market the Debtors' Properties, a residential property
      located at 1926 Loma Alta Drive, Irving, TX 75063, and
      commercial properties located at 3485 Roy Orr Blvd., Grand
      Prairie, TX 75050, and 900 W. Crosby Road, Carrollton, TX
      75006, and identifying potential purchasers for the same;

   b. assist with negotiations regarding any potential
      transactions involving the Properties;

   c. analyze and recommend regarding offers for transactions
      involving the Properties; and

   d. assist with consummation of any transactions involving
      the Properties.

Tierny Jordan will be paid a $525 transaction fee and a commission
of 6% of the sales price.

Colliers International will be paid a commission of 6% of the sale
price.

Tierny Jordan, owner of The Tierny Jordan Team, a/k/a The Tierny
Jordan Network, and Steve Everbach, president of the central region
of Colliers International North Texas, LLC, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

The real estate brokers can be reached at:

     Tierny Jordan
     THE TIERNY JORDAN TEAM,
     A/K/A THE TIERNY JORDAN NETWORK
     1301 S. Bowen Rd., Suite 400
     Arlington, TX 76013
     Tel: (214) 414-2811

          - and -

     Steve Everbach
     COLLIERS INTERNATIONAL NORTH TEXAS, LLC
     1717 McKinney Ave., Suite 900
     Dallas, TX 75002
     Tel: (214) 692-1100
     Fax: (214) 692-7600

              About Le-Mar Holdings, Inc.

Le-Mar Holdings, Inc., is a mid-sized company in the general
freight trucking business with operations in Grand Prairie,
Amarillo, Midland, Abilene, San Angelo, Austin, San Antonio, Lufkin
and Lubbock.

Chuck and Tracey Edwards own approximately 63.9% of the equity
interests in Le-Mar while the Lawrence and Margie Edwards'
Grand-Children's Trust owns approximately 36.1% of the equity
interests.  Le-Mar Holdings owns 100% of the equity interests of
Edwards Mail Service, Inc., and 50% of the membership interests of
Taurean East, LLC. Chuck and Tracey Edwards own 50% of the
membership interests of Taurean East.

Le-Mar Holdings, Edwards Mail and Taurean East sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case Nos.
17-50234 to 17-50236) on Sept. 17, 2017. Chuck Edwards, its
president, signed the petitions.

At the time of the filing, Le-Mar Holdings estimated assets and
liabilities of $1 million to $10 million.


M & G USA: Committee Taps Berkeley as Financial Advisor
-------------------------------------------------------
The Official Committee of Unsecured Creditors of M & G USA
Corporation and its debtor-affiliates, seeks authorization from the
U.S. Bankruptcy Court for the District of Delaware to retain
Berkeley Research Group, LLC, as financial advisor to the
Committee.

The Committee requires Berkeley to:

   a) develop a periodic monitoring report to enable the
      Committee to evaluate effectively the Debtors' financial
      performance relative to projections and any relevant
      operational issues, on an ongoing basis;

   b) scrutinize cash disbursements and capital requirements
      on an on-going basis for the period subsequent to the
      commencement of the bankruptcy cases;

   c) provide support for Jefferies and counsel as necessary
      to address issues related to DIP financing;

   d) analyze relief requested in cash management motion and
      other use of cash collateral arrangements negotiated,
      including proper controls related to and financial
      transparency into inter-affiliate transactions;

   e) analyze both historical and ongoing related party
      transactions and material unusual transactions of the
      Debtors and non-Debtor affiliates;

   f) advise the Committee in its analysis of the Debtors' and
      non-Debtor affiliates' historical, current, and projected
      financial affairs, including, SEC filings, schedules of
      assets and liabilities and statements of financial
      affairs, and performance on a location by location basis;

   g) advise the Committee and counsel regarding court motions,
      applications, or other forms of relief relating to
      vendors, wages and taxes;

   h) advise and assist the Committee and counsel in its review
      of the pre-petition liens  of the secured parties;

   i) investigate the Corpus Christi construction project to
      identify the source of cost overruns and estimated cost
      to complete;

   j) identify and develop strategies for the Debtors'
      intellectual property;

   k) advise the Committee in the analysis of potential
      preference payments, fraudulent conveyances, and other
      potential causes of action that the Debtors' estates
      may hold against insiders and third parties;

   1) provide support to the Committee and counsel regarding
      potential litigation strategies;

   m) analyze the Debtors' and non-Debtor affiliates' assets
      (tangible and intangible) and possible recoveries to
      creditor constituencies under various scenarios and
      develop strategies to maximize recoveries;

   n) monitor the Debtors' claims management process, including
      analyzing claims and guarantees, and summarizing claims by
      entity. Based upon the analysis  of  claims by entity,
      prepare a waterfall of expected recoveries to creditor
      classes under various settlement scenarios;

   o) prepare a working waterfall model that estimates the
      recovery to creditors from interests in  unencumbered
      value;

   p) review any bankruptcy plan and disclosure statement
      relating to the Debtors including, the assessment of
      projections to ensure any plan or reorganization is
      supported by a credible business plan/projections, and if
      applicable, the development and analysis of any
      bankruptcy plans proposed by the Committee;

   q) as appropriate and in concert with the Committee's other
      professionals, analyze and monitor any prior sale processes
      and transactions and assess the reasonableness of the
      process and the consideration received;

   r) monitor the insolvency proceedings of certain related
      entities and, working with counsel representing the
      Committee's interests in those proceedings;

   s) work with the Debtors' tax advisors to ensure that any
      restructuring or sale transaction is structured to minimize
      tax liabilities to the estate;

   t) attend the Committee meetings and court hearings as may be
      required; and

   u) perform other matters as may be requested by the Committee
      from time to time, including: rendering expert testimony,
      issuing expert reports and or preparing litigation,
      forensic analyses that have not yet been identified but as
      may be requested from time to time by the Committee and its
      counsel.

Berkeley will be paid at these hourly rates:

     Managing Director                  $650-$980
     Director                           $480-$705
     Professional Staff                 $260-$475
     Support Staff                      $120-$425

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

David Galfus, its managing director of Berkeley Research Group,
LLC, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
(a) is not creditors, equity security holders or insiders of the
Debtors; (b) has not been, within two years before the date of the
filing of the Debtors' chapter 11 petition, directors, officers or
employees of the Debtors; and (c) does not have an interest
materially adverse to the interest of the estate or of any class of
creditors or equity security holders, by reason of any direct or
indirect relationship to, connection with, or interest in, the
Debtors, or for any other reason.

Berkeley can be reached at:

     David Galfus
     BERKELEY RESEARCH GROUP, LLC
     1800 M Street Northwest, 2nd Floor
     Washington, DC 20036
     Tel: (202) 480-2700

              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. The Committee hired
Milbank, Tweed, Hadley & McCloy LLP as its legal counsel, Cole
Schotz, as Delaware co-counsel, Berkeley Research Group, LLC, as
financial advisor, Jefferies LLC, as investment banker.


M & G USA: Committee Taps Cole Schotz as Co-Counsel
---------------------------------------------------
The Official Committee of Unsecured Creditors of M & G USA
Corporation and its debtor-affiliates, seeks authorization from the
U.S. Bankruptcy Court for the District of Delaware to retain Cole
Schotz, as Delaware co-counsel to the Committee.

The Committee requires Cole Schotz to:

   a. serve as Delaware co-counsel to the Committee;

   b. serve as conflicts counsel to the Committee in conflicts
      matters as designated by Milbank and the Committee, with
      powers including, but not limited to, the ability to
      litigate against and negotiate with entities against
      which Milbank is precluded from appearing adverse;

   c. provide legal advice with respect to the Committee's
      powers, rights, duties, and obligations in the chapter 11
      cases;

   d. assist and advise the Committee in its consultations with
      the Debtors regarding the administration of the Chapter 11
      Cases;

   e. assist the Committee in reviewing and negotiating terms for
      unsecured creditors with respect to (i) the execution of a
      debtor-in-possession financing facility and the use of cash
      collateral, (ii) the sale of the Debtors' assets, including
      negotiating bid procedures and proposed asset purchase
      agreements, and (iii) other requests for relief which would
      impact unsecured creditors;

   f. advise the Committee on the corporate aspects of the
      Debtors' reorganization or liquidation and the plans or
      other means to effect reorganization or liquidation as may
      be proposed in connection therewith, and participation in
      the formulation of any such plans or means of implementing
      reorganization or liquidation, as necessary;

   g. take all necessary actions to protect and preserve the
      estates of the Debtors for the benefit of creditors,
      including the investigation of the acts, conduct, assets,
      liabilities, and financial condition of the Debtors, the
      investigation of the prior operation of the Debtors'
      businesses and the investigation and prosecution of estate
      claims, causes of action, and any other matters relevant to
      the Chapter 11 Cases;

   h. prepare on behalf of the Committee all necessary motions,
      applications, complaints, answers, orders, reports, papers
      and other pleadings and filings in connection with the
      Committee's duties in the Chapter 11 Cases;

   i. advise and represent the Committee in hearings and other
      judicial proceedings in connection with all necessary
      motions, applications, objections and other pleadings, and
      otherwise protecting the interests of those represented by
      the Committee; and

   j. perform all other necessary legal services as may be
      required and authorized by the Committee that are in the
      best interests of general unsecured creditors.

Cole Schotz will be paid at these hourly rates:

     Members and Special Counsel               $435-$920
     Associates                                $260-$490
     Paralegals                                $175-$300
     Litigation Support Specialists            $295-$395

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

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   Question:  Did you agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  No.

   Question:  Do any of the professionals included in this
              engagement vary their rate based on the geographic
              location of the bankruptcy case?

   Response:  No.

   Question:  If you represented the client in the 12 months
              prepetition, disclose your billing rates and
              material financial terms for the prepetition
              engagement, including any adjustments during the 12
              months prepetition. If your billing rates and
              material financial terms have changed postpetition,
              explain the difference and the reasons for the
              difference.

   Response:  Not applicable.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Cole Schotz is in the process of developing a
              prospective budget and staffing plan for the
              Committee's review and approval.

J. Kate Stickles, a member of Cole Schotz P.C., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and (a) is not creditors,
equity security holders or insiders of the Debtors; (b) has not
been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Cole Schotz can be reached at:

     J. Kate Stickles, Esq.
     David R. Hurst, Esq.
     500 Delaware Avenue, Suite 1410
     Wilmington, DE 19801
     Tel: (302) 652-3131
     Fax: (302) 652-3117
     E-mail: kstickles@coleschotz.com
             dhurst@coleschotz.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, their 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. The Committee hires
Milbank, Tweed, Hadley & McCloy LLP as its legal counsel, Cole
Schotz, as Delaware co-counsel, Berkeley Research Group, LLC, as
financial advisor, Jefferies LLC, as investment banker.


M & G USA: Committee Taps Jefferies as Investment Banker
--------------------------------------------------------
The Official Committee of Unsecured Creditors of M & G USA
Corporation and its debtor-affiliates, seeks authorization from the
U.S. Bankruptcy Court for the District of Delaware to retain
Jefferies LLC, as investment banker to the Committee.

The Committee requires Jefferies to:

   (a) familiarize with, to the extent Jefferies deems
       appropriate, and analyze, the business, operations,
       properties, financial condition and prospects of the
       Debtors;

   (b) advise the Committee on the current state of the
       "restructuring market";

   (c) assist and advise the Committee in examining and analyzing
       any potential or proposed Transaction;

   (d) assist the Committee in developing its own strategy for
       accomplishing a Transaction;

   (e) assist and advise the Committee in evaluating and
       analyzing the proposed implementation of any Transaction,
       including the value of the securities or debt
       instruments, if  any, that may be issued in any such
       Transaction;

   (f) assist and advise the Committee on tactics and strategies
       for negotiating with other stakeholders;

   (g) attend meetings of the Committee with respect to matters
       on which Jefferies has been engaged to advise the
       Committee under the Engagement Letter;

   (h) provide testimony, as necessary and appropriate, with
       respect to matters on which Jefferies has been engaged to
       advise the Committee under the Engagement Letter, in the
       Chapter 11 Cases, including by providing expert testimony
       in the form of deposition or live testimony in connection
       with any expert report prepared at the Committee's
       request; and

   (i) render such other investment banking and financial
       advisory services as may from time to time be agreed upon
       by the Committee and Jefferies, including, but not limited
       to, providing expert testimony, and other expert and
       investment banking and financial advisory support related
       to any threatened, expected, or initiated litigation.

Jefferies will be paid according to this scheme:

     (a) Monthly Fee. A Monthly Fee equal to $150,000 per month
         until the expiration or termination of the Engagement
         Letter. Each Monthly Fee shall be due in advance on the
         14th of the month. The first payment shall be made by
         the Debtors upon approval of the Engagement Letter by
         the Court and shall be made in respect of the November
         13, 2017 Monthly Fee through the months in which payment
         is made.

     (b) Transaction Fee. Upon the consummation of any
         Transaction, a Transaction Fee equal to $2,500,000.
         50% of Monthly Fee payments actually paid to Jefferies
         in excess of $900,000 will be credited once (without
         duplication) against any Transaction Fee due to
         Jefferies.

Leon Szlezinger, managing director of Jefferies LLC, assured the
Court the firm is a "disinterested person" as the term is defined
in Section 101(14) of the Bankruptcy Code and (a) is not creditors,
equity security holders or insiders of the Debtors; (b) has not
been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Jefferies can be reached at:

     Leon Szlezinger
     JEFFERIES LLC
     520 Madison Avenue
     New York, NY 10022
     Tel: (212) 284-2300

              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, their 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. The Committee hires
Milbank, Tweed, Hadley & McCloy LLP as its legal counsel, Cole
Schotz, as Delaware co-counsel, Berkeley Research Group, LLC, as
financial advisor, Jefferies LLC, as investment banker.


MAMMOET-STARNETH: Hires Henrich of Getzler Henrich as CRO
---------------------------------------------------------
Mammoet-Starneth, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Delaware to employ William Henrich of
Getzler Henrich & Associates LLC, as CRO to the Debtor.

Mammoet-Starneth requires Getzler Henrich to:

   a. evaluate potential restructuring options;

   b. provide contingency planning for a Chapter 11 case,
      including to assist and coordinate with the Debtor's
      other advisors to understand the assets, liabilities and
      contracts of the Debtor;

   c. prepare for a Chapter 11 filing, including diligence and
      preparation of bankruptcy petitions and related schedules,
      creditor lists and first day motions and pleadings;

   d. prepare any necessary Chapter 11 reporting, including
      monthly operating reports, budget reporting and testing
      and any other reporting that may be required or
      appropriate;

   e. prepare the Chapter 11 plan and disclosure statement,
      including a liquidation analysis, with the Debtor's other
      advisors;

   f. evaluate any actual or potential claims or litigation
      asserted against or by the Debtor, including in any
      Chapter 11 case;

   g. evaluate and challenge the Debtor's short-term cash-flow
      projections, including underlying assumptions;

   h. determine the appropriate amount of potential debtor-in-
      possession financing needed, if any, and the preparation
      of any related budgets and reporting; and

   i. perform other services as the Debtor may request and
      the firm agreed to perform.

Getzler Henrich will be paid at these hourly rates:

     Principals/Managing Directors            $495-$595
     Directors/Specialists                    $385-$550
     Associate Professionals                  $160-$385

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

William Henrich, co-chairman of Getzler Henrich & Associates LLC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Getzler Henrich can be reached at:

     William Henrich
     GETZLER HENRICH & ASSOCIATES LLC
     1735 Market Street, Suite 3750
     Philadelphia, PA 19103
     Tel: (267) 507-6251

              About Mammoet-Starneth, LLC

Mammoet-Starneth LLC, based in Wilmington, Delaware, designs and
constructs giant observation wheels and structures.

Mammoet-Starneth filed a Chapter 11 petition (Bankr. D. Del. Case
No. 17-12925) on December 13, 2017.  The Hon. Laurie Selber
Silverstein presides over the case. Sills Cummins & Gross P.C.,
serves as bankruptcy counsel, Richards, Layton & Finger, P.A., as
co-counsel.

In its petition, the Debtor estimated $100 million to $500 million
in both assets and liabilities.  The petition was signed by
Christiaan Lavooij, its manager.


MAMMOET-STARNETH: Sets Bidding Procedures for Assets
----------------------------------------------------
Mammoet-Starneth, LLC, asks the U.S. Bankruptcy Court for the
District of Delaware to authorize bidding procedures in connection
with the sale of all or a portion of its assets comprising various
components of a 625-foot tall giant observation wheel contemplated
to be built on the north shore of Staten Island on land leased from
the City of New York.
        
A hearing on the Motion is set for Jan. 8, 2018 at 2:00 p.m.  The
objection deadline is Dec. 29, 2017 at 4:00 p.m.

Prior to the commencement of the case, the Debtor entered into a
Design Build Agreement ("DBA") with New York Wheel Owner, LLC
("NYW"), pursuant to which it agreed to design, procure, fabricate,
construct and commission the Wheel.  In order to deliver on the
Project, it relied upon NYW to issue advances and progress payments
in accordance with its obligations under the DBA.  In contravention
of the DBA, in November 2016, NYW stopped making payments to the
Debtor, leaving the Debtor in a financially unsustainable position.
Based on NYW's uncured breaches of the DBA, in July 2017, the
Debtor exercised its contractual right to withdraw from the DBA
because NYW, among other things, failed to pay tens of millions of
dollars for the work the Debtor and various subcontractors had
performed.

The parties are currently engaged in litigation in the U.S.
District Court for the Southern District of New York styled New
York Wheel Owner LLC v. Mammoet-Starneth LLC.  The Debtor's sole
business purpose -- to design and erect the Wheel -- no longer
exists and the Debtor asks to utilize the chapter ll case, to inter
alia, maximize the value of its Assets through an orderly and
efficient sales process in a centralized forum, free and clear of
any claims, interests or encumbrances.  The Debtor believes that
the procedures and processes set forth herein will assist it to
achieve such goals.

Pursuant to the DBA, because NYW has not paid in full for any of
the Wheel components, the Debtor owns all of the fully or partially
fabricated components of the Wheel, many of which are in various
stages of completion and stored at fabrication shops and storage
facilities located throughout Europe and the United States.  Since
the DBA has been terminated, the Debtor no longer has any use for
the Wheel components, which comprise the Assets listed on Schedule
1 of the Bidding Procedures.

The status of the fabrication of the various components and NYW's
payment at the time the DBA was terminated are:

The salient terms of the Bidding Procedures are:

     a. (i) Description of Work: Legs
        (ii) Scheduled Value: $9,262,411
        (iii) Amount Completed (% Completed): $9,219,498 (99.5%)
        (iv) Amount Paid for NYW: $731,600 (94.3%)
        (v) Difference: $487,398 (5.2%)

     b. (i) Description of Work: A Frame Braces
        (ii) Scheduled Value: $3,448,417
        (iii) Amount Completed (% Completed): $2,153,960 (62.5%)
        (iv) Amount Paid for NYW: $1,520,000 (44.1%)
        (v) Difference: $633,960 (18.4%)

     c. (i) Description of Work: Rim Parts
        (ii) Scheduled Value: $13,971,399
        (iii) Amount Completed (% Completed): $13,855,381 (99.2%)
        (iv) Amount Paid for NYW: $9,241,080 (66.1%)
        (v) Difference: $4,614,301 (33%)

     d. (i) Description of Work: Drive towers
        (ii) Scheduled Value: $3,387,390
        (iii) Amount Completed (% Completed): $1,968,792 (58.1%)
        (iv) Amount Paid for NYW: $1,765,996 (52.1%)
        (v) Difference: $202,796 (6%)

     e. (i) Description of Work: Supply of Cable Spokes
        (ii) Scheduled Value: $4,487,500
        (iii) Amount Completed (% Completed): $4,026,307 (89.7%)
        (iv) Amount Paid for NYW: $2,700,000 (60.2%)
        (v) Difference: $1,326,307 (29.5%)

     f. (i) Description of Work: Bend Limiters
        (ii) Scheduled Value: $847,500
        (iii) Amount Completed (% Completed): $836,275 (98.7%)
        (iv) Amount Paid for NYW: $409,875 (48.4%)
        (v) Difference: $426,400 (50.3%)

     g. (i) Description of Work: Supply of Cable Spokes
        (ii) Scheduled Value: $4,487,500
        (iii) Amount Completed (% Completed): $4,026,307 (89.7%)
        (iv) Amount Paid for NYW: $2,700,000 (60.2%)
        (v) Difference: $1,326,307 (29.5%)

     h. (i) Description of Work: Bend Limiters
        (ii) Scheduled Value: $847,500
        (iii) Amount Completed (% Completed): $836,275 (98.7%)
        (iv) Amount Paid for NYW: $409,875 (48.4%)
        (v) Difference: $426,400 (50.3%)

     i. (i) Description of Work: Dampers
        (ii) Scheduled Value: $565,000
        (iii) Amount Completed (% Completed): $355,255 (62.9%)
        (iv) Amount Paid for NYW: $136,625 (24.2%)
        (v) Difference: $218,630 (38.7%)

     j. (i) Description of Work: Hubs and Spindle
        (ii) Scheduled Value: $2,780,869
        (iii) Amount Completed (% Completed): $2,665,524 (95.9%)
        (iv) Amount Paid for NYW: $2,200,000 (79.1%)
        (v) Difference: $465,524 (16.7%)

     k. (i) Description of Work: Bearings
        (ii) Scheduled Value: $1,200,000
        (iii) Amount Completed (% Completed): $1,200,000 (100%)
        (iv) Amount Paid for NYW: $814,798 (67.9%)
        (v) Difference: $385,202 (32.1%)

     l. (i) Description of Work: Capsules
        (ii) Scheduled Value: I $23,700,000
        (iii) Amount Completed (% Completed): $12,819,482 (54.1%)
        (iv) Amount Paid for NYW: $5,822,669 (24.6%)
        (v) Difference: $6,996,813 (29.5%)

     m. (i) Description of Work: Drive & Control Units and System
        (ii) Scheduled Value: $6,400,000
        (iii) Amount Completed (% Completed): $6,400,000 (100%)
        (iv) Amount Paid for NYW: $5,277,364 (82.5%)
        (v) Difference: $1,122,636 (17.5%)

Moreover, storing the massive Wheel components around the world
costs the Debtor approximately $700,000 a month and there is a risk
that certain creditors could exercise remedies available in such
foreign jurisdictions to attempt to take possession, custody or
control over such property despite the clear mandate of the
automatic stay embodied in section 362 of title ll of the United
States Code.  Substantial storage costs and the risks attendant to
cross-border remedies may diminish the recovery that may be
available to creditors in this case, which further supports the
Debtor's business justification to request that the Court considers
procedures to sell the Assets outlined on an expedited basis and at
the inception of the case.

The Debtor has already begun to identify potential purchasers and
can complete the marketing process for the Assets in a short
time-frame to minimize the monthly cash burn and the risks
attendant to continued storage of the Assets in many foreign
jurisdictions.

The sale process proposed is an integral part of the Debtor's
overall strategy to effectuate an expeditious orderly liquidation
for the benefit of its creditors.  Simultaneously with the filing
of the Motion, the Debtor has filed a proposed plan and disclosure
statement.  It believes that the Plan is an orderly means to
maximize recoveries for its creditors in a timely manner and the
proceeds of the Sale will be used, in part, to fund distributions
to creditors under the Plan.

In the interim, cognizant of its current monthly cash outlay for
storage fees for the Assets, the Debtor asks to proceed with a sale
process that is open to all potential bidders and protects the best
interests of the Debtor's estate and its creditors.

The salient terms of the Bidding Procedures are:

     a. Assets to Be Sold: All or a portion of the Assets listed on
Schedule l of the Bidding Procedures either through one sale to a
Successful Bidder or multiple sales to multiple Successful Bidders,
in either case on an as is/where is basis, without any
representations or warranties.

     b. Good Faith Deposit: Each Good Faith Deposit must equal the
amount of 10% of the purchase price.

     c. Bid Deadline: Feb. 7, 2018 at 4:00 p.m. (ET)

     d. Subject to the provisions set forth in the Bidding
Procedures, the Debtor reserves the right, up to three business
days before the commencement of the Auction, to enter into a
Stalking Horse Agreement, subject to higher or otherwise better
offers at the Auction, with any Qualified Bidder that submits a
Qualified Bid acceptable to the Debtor, to establish a minimum
Qualified Bid at the Auction.

     e. Auction: If there are multiple Qualified Bids, the Auction
will take place on Feb. 12, 2018 at 10:00 a.m. (ET) at Richards,
Layton & Finger, P.A., One Rodney Square, 920 North King St.,
Wilmington, Delaware.

     f. Minimum Overbid Increments: the sum of (x) $100,000 plus
(y) in the event that the Debtor has entered into a Stalking Horse
Agreement with respect to the Assets to which the Overbid relates,
the aggregate amount of any Bid Protections under such Stalking
Horse Agreement, and each successive Overbid will exceed the
then-existing Overbid by an incremental amount that is not less
than the Minimum Overbid Increment.

     g. Sale Objection Deadline: Feb. 7, 2018 at 4:00 p.m. (ET)

     h. Reply Deadline to Sale Objection: Feb. 13, 2018 at 4:00
p.m. (ET)

     i. Sale Hearing: Feb. 14, 2018 at 10:00 a.m. (ET)

     j. Closing: Feb. 16, 2018

Accordingly, the Debtor submits that the Bidding Procedures are
designed to maximize the value of the Assets and that the sale of
the Assets to a Successful Bidder (or Successful Bidders), is in
its best interests and should be approved.

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

        http://bankrupt.com/misc/Mammoet-Starneth_LLC_47_Sales.pdf

The Debtor reserves the right to enter into a Stalking Horse
Agreement, as an exercise of its business judgment and in
accordance with the Bidding Procedures, and to offer Bid
Protections in connection therewith.  Specifically, it may offer
any Stalking Horse Bidder some or all of the following Bid
Protections: (i) a Break-Up Fee; (ii) an Expense Reimbursement;
and/or (iii) an Minimum Overbid Increment.  Any Bid Protections
afforded to a Stalking Horse Bidder will be subject to further
approval of the Court at least one day prior to the Auction.

The Debtor is not aware of any liens asserted against the Assets.
However, to the extent there are any liens asserted against the
Assets, it may sell the Assets free and clear of such liens under
Section 363(f)(S) because the liens on any Assets sold will attach
to the proceeds of such a sale and entities holding such interests
could be compelled to accept money satisfaction in legal or
equitable proceedings.

Because NYW has not paid in full for any of the Assets, it has no
right, title or interest in such Assets.  However, to the extent
NYW claims right, title or ownership interests in the Assets, such
"interests" would be subject to section 363(f), as the interests
are connected to, or arise from, the property being sold.  If the
Debtor can satisfy one of the five conditions of section 363(f), it
can therefore sell the Assets free and clear of any interests
asserted by NYW.

The Debtor also submits that it is appropriate to sell the Assets
free and clear of successor liability relating to its business.

The Debtor believes that any Sale Transaction should be consummated
as soon as practicable to preserve and maximize value.
Accordingly, it asks that any Sale Order approving the sale of the
Assets be effective immediately upon entry of such order and that
the 14-day stay under Bankruptcy Rules 6004(h) be waived.

Proposed Counsel for Debtor:

          Mark D. Collins, Esq.
          Jason M. Madron, Esq.
          Joseph C. Barsalona. II, Esq.
          RICHARDS, LAYTON & FINGER, P.A.
          One Rodney Square
          920 North King St.
          Wilmington, DE 19801
          Telephone: (302) 651-7700
          Facsimile: (302) 651-7701
          E-mail:collins@rlfcom
                 madron@rlf.com
                 barsalona@rlf. com

                - and -

          Andrew H. Sherman
          Boris I. Mankovetskiy
          SILLS CUMMIS & GROSS P.C.
          One Riverfront Plaza
          Newark, NJ 07102
          Telephone: (973) 643-7000
          Facsimile: (973) 643-6500
          E-mail: asherman@sillscummis.com
                  bmankovetskiy@sillscummis.com

                    About Mammoet-Starneth

Mammoet-Starneth, LLC, based in Wilmington, Delaware, designs and
constructs giant observation wheels and structures.  

Mammoet-Starneth sought Chapter 11 protection (Bankr. D. Del. Case
No. 17-12925) on Dec. 13, 2017.   The Debtor estimated assets and
liabilities in the range of $100 million to $500 million.  The
petition was signed by Christiaan Lavooij, manager.

The case is assigned to Laurie Selber Silverstein.

The Debtor tapped Sills Cummins & Gross P.C. as its lead counsel,
and Jason M. Madron, Esq., at Richards, Layton & Finger, P.A., as
its co-counsel.  William Henrich, CRO, at Getzler Henrich &
Associates, LLC, serves as the Debtor's restructuring advisor.


MERRIMACK PHARMACEUTICALS: Revises 2016 Annual Report
-----------------------------------------------------
Merrimack Pharmaceuticals, Inc., filed a current report on Form 8-K
with the Securities and Exchange Commission to revise and recast
its historical consolidated financial statements and other
information included in its Annual Report on Form 10-K for the
fiscal year ended Dec. 31, 2016.  The information included in the
Current Report presents the financial results of its former
Commercial Business as a discontinued operation and retroactively
adjusts all share and per share amounts to reflect the Reverse
Split for all periods presented.  These updates are consistent with
the presentation of all share and per share disclosures included in
its Quarterly Report on Form 10-Q for the quarter ended Sept. 30,
2017 and the presentation of discontinued operations included in
its Quarterly Reports on Form 10-Q for the quarters ended March 31,
2017, June 30, 2017 and Sept. 30, 2017 filed with the SEC on May
10, 2017, Aug. 9, 2017 and Nov. 8, 2017, respectively, and with
rules of the SEC requiring the reissuance of prior period financial
statements included or incorporated by reference in a registration
statement or proxy statement to retrospectively revise and
reclassify such pre-event financial statements to reflect
accounting changes, such as discontinued operations.

On April 3, 2017, the Company completed the transaction with Ipsen
S.A.  Pursuant to the Asset Purchase and Sale Agreement, dated as
of Jan. 7, 2017, between the Company and Ipsen, the Company sold to
Ipsen its right, title and interest in the non-cash assets,
equipment, inventory, contracts and intellectual property primarily
related to or used in the Company's business operations and
activities involving or relating to developing, manufacturing and
commercializing ONIVYDE, the Company's first commercial product,
and MM-436.  The Company received a $575.0 million upfront cash
payment on April 3, 2017 and are eligible to receive up to $450.0
million in additional regulatory approval-based milestone payments.
As a result of the Asset Sale, the Commercial Business is
accounted for as a discontinued operation.

On Aug. 11, 2017, the Company's stockholders approved an amendment
to its certificate of incorporation to effect a one-for-ten reverse
stock split of the Company's issued and outstanding common stock.
On Sept. 5, 2017, the Company filed the amendment to its
certificate of incorporation to effect the Reverse Split, and on
Sept. 6, 2017, the Reverse Split was effective for trading
purposes.  As a result of the Reverse Split, every ten shares of
common stock issued and outstanding was converted into one share of
common stock, reducing the number of issued and outstanding shares
of common stock from approximately 132.8 million shares to
approximately 13.28 million shares.  No fractional shares were
issued in connection with the Reverse Split.  The amendment to the
certificate of incorporation also proportionately reduced the
number of authorized shares of common stock from 200 million to 20
million.  The Reverse Split did not change the par value of the
common stock.  The Reverse Split did not change the number of
authorized shares or par value of the Company's preferred stock, of
which there are no shares issued or outstanding.

The Company has revised the following portions of the 2016 Form
10-K to reflect the retrospective revisions described above:

   Item 6. Selected Financial Data

   Item 7. Management's Discussion and Analysis of Financial   
           Condition and Results of Operations

   Item 8. Financial Statements and Supplementary Data

As amended, the Company reported a net loss of $153.51 million on
$0 of collaboration revenues for the year ended Dec. 31, 2016,
compared to a net loss of $147.78 million on $0 of collaboration
revenues for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Merrimack had $81.48 million in total assets,
$334.14 million in total liabilities, $1.53 million in
non-controlling interest and a total stockholders' deficit of
$251.12 million.

A full-text copy of the Revised Form 10-K is available at:

                     https://is.gd/FPxpQJ

                       About Merrimack

Cambridge, Mass.-based Merrimack Pharmaceuticals, Inc. --
http://www.merrimack.com/-- is a biopharmaceutical company
discovering, developing and commercializing innovative medicines
consisting of novel therapeutics paired with diagnostics for the
treatment of cancer.  The Company was founded by a team of
scientists from The Massachusetts Institute of Technology and
Harvard University who sought to develop a systems biology-based
approach to biomedical research.  The Company's initial focus is in
the field of oncology.  The Company has five programs in clinical
development.  In it most advanced program, the Company is
conducting a pivotal Phase 3 clinical trial.

The report from PricewaterhouseCoopers LLP, the Company's
independent registered public accounting firm for the year ended
Dec. 31, 2016, includes an explanatory paragraph stating that the
Company has negative working capital and cash outflows from
operating activities that raise substantial doubt about its ability
to continue as a going concern.

As of Sept. 30, 2017, Merrimack had $197.84 million in total
assets, $86.21 million in total liabilities, and $111.63 million in
total stockholders' equity.


MERRIMACK PHARMACEUTICALS: Will Sell Securities Worth $150 Million
------------------------------------------------------------------
Merrimack Pharmaceuticals, Inc., filed a Form S-3 registration
statement with the Securities and Exchange Commission relating to
the sale of its debt securities, common stock, preferred stock,
depositary shares, purchase contracts, purchase units and warrants
from time to time in one or more offerings of up to $150,000,000 in
aggregate offering price.  This prospectus describes the general
terms of these securities and the general manner in which these
securities will be offered.  The Company will provide the specific
terms of these securities in supplements to this prospectus.  

The Company may offer these securities in amounts, at prices and on
terms determined at the time of offering.  The securities may be
sold directly, through agents, or through underwriters and dealers.
If agents, underwriters or dealers are used to sell the
securities, the Company will name them and describe their
compensation in a prospectus supplement.

Merrimack's common stock is listed on The Nasdaq Global Market
under the symbol "MACK."

The Company intends to use the net proceeds from the sale of any
securities offered under this prospectus for general corporate
purposes.

A full-text copy of the preliminary prospectus is available for
free at https://is.gd/Lh5M4q

                        About Merrimack

Cambridge, Mass.-based Merrimack Pharmaceuticals, Inc. --
http://www.merrimack.com/-- is a biopharmaceutical company
discovering, developing and commercializing innovative medicines
consisting of novel therapeutics paired with diagnostics for the
treatment of cancer.  The Company was founded by a team of
scientists from The Massachusetts Institute of Technology and
Harvard University who sought to develop a systems biology-based
approach to biomedical research.  The Company's initial focus is in
the field of oncology.  The Company has five programs in clinical
development.  In it most advanced program, the Company is
conducting a pivotal Phase 3 clinical trial.

The report from PricewaterhouseCoopers LLP, the Company's
independent registered public accounting firm for the year ended
Dec. 31, 2016, includes an explanatory paragraph stating that the
Company has negative working capital and cash outflows from
operating activities that raise substantial doubt about its ability
to continue as a going concern.

As of Sept. 30, 2017, Merrimack had $197.84 million in total
assets, $86.21 million in total liabilities and $111.63 million in
total stockholders' equity.  The Company reported a net loss of
$153.51 million for the year ended Dec. 31, 2016, compared to a net
loss of $147.78 million for the year ended Dec. 31, 2015.


METROPOLITAN DIAGNOSTIC: May Access Cash Collateral Until Dec. 20
-----------------------------------------------------------------
Judge Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized Metropolitan Diagnostic
Imaging, Inc., to use cash collateral up to and including Dec. 20,
2017, to avoid immediate and irreparable harm to the estate.

The Debtor's Motion for use of cash collateral is continued for
final hearing to Dec. 19, 2017, at 10:30 a.m.

Judge Barnes also approved the Budget covering the period December
3 to 19, 2017, which provides total operating expenses of $75,230.

The Bancorp Bank will have replacement liens in and to the
collateral which will have the validity, perfection and
enforceability as the prepetition liens held by Bancorp Bank.

A full-text copy of the Order is available at:

             http://bankrupt.com/misc/ilnb17-35285-12.pdf

                About Metropolitan Diagnostic Imaging

Based in Chicago, Illinois, Advanced Medical Imaging Center, Inc.
-- 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, d/b/a Advanced Medical Imaging,
Inc., filed a Chapter 11 petition (Bank. N.D. Ill. Case No.
17-35285) on Nov. 28, 2017, disclosing $1 million to $10 million in
both assets and liabilities.  Moqueet Syed, its president, signed
the petition.  

The case is assigned to Judge Timothy A. Barnes.

The Debtor's legal counsel is Gregory K. Stern P.C.



MIDLAND PROPERTIES: Court OK's Foreclosure of J. Morgan Property
----------------------------------------------------------------
In the adversary proceeding captioned JERRY J. MORGAN, SR.,
Plaintiff, v. SPECIALIZED LOAN SERVICING LLC, a Delaware limited
liability company; WELLS FARGO HOME MORTGAGE, INC., d/b/a America's
Servicing Company; BANK OF NEW YORK MELLON CORPORATION; and WELLS
FARGO, N.A., d/b/a America's Servicing Company, Defendants, Adv.
Proc. 17-8017 (Bankr. D. Neb.), Bankruptcy Judge Thomas L. Saladino
denied Plaintiff's motion seeking an ex-parte temporary restraining
order to prevent a trustee's sale of certain real estate from
taking place on Dec. 11, 2017.

The Plaintiff alleges, in pertinent part, that:

   1. He owns and lives in the real property at 1426 South 163rd
Street, Omaha, Nebraska ("Property").

   2. The Defendants are the owners and/or servicers of the
mortgage loan on the Property.

   3. The interest rate on the mortgage loan was modified through a
confirmed Chapter 11 plan in the jointly administered bankruptcy of
the Plaintiff and Midland Properties, LLC, which was subsequently
dismissed.

   4. That the Defendants have been charging the incorrect interest
rate under the confirmed plan and have incorrectly required escrow
deposits for real estate taxes.

   5. That due to the Defendants charging the incorrect interest
rate and requiring escrow deposits that are not owed, the Plaintiff
ceased making payments on the mortgage loan in 2014.

Accordingly, the Plaintiff believes the court should enter a
temporary restraining order and a preliminary injunction to stop
the Defendants from foreclosing on the Property.

Courts in the Eighth Circuit apply the factors set forth in
Dataphase Sys., Inc. v. CL Sys., Inc. when determining whether to
issue a temporary restraining order. Those factors are: "(1) the
threat of irreparable harm to the movant; (2) the state of balance
between this harm and the injury that granting the injunction will
inflict on other parties litigant; (3) the probability that movant
will succeed on the merits; and (4) the public interest."

In evaluating the threat of irreparable harm to the Plaintiff, it
is not at all clear that the Plaintiff even has standing to bring
the claims in his complaint. The complaint asserts that this loan
was treated in Class 4 of the confirmed plan. However, the
provisions of that portion of the confirmed Chapter 11 plan
expressly state that the Property in that class is owned by Midland
Properties, LLC. At no point does the Plaintiff assert any transfer
of title to the Property from Midland to the Plaintiff. Thus, it is
not evident that the Plaintiff will suffer any harm.

Even if the foregoing factors could be found in favor of the
Plaintiff, the real deciding factor here is the lack of any
probability of success on the merits. The Plaintiff repeatedly
states that he ceased making payments in 2014: "Because the
Defendants charged an improper rate of interest on the Mortgage
Loan, escrowed amounts for real estate taxes that were not owed,
and failed to provide an accounting as requested." Clearly, that is
a fabricated basis for ceasing payments as the plan which modified
the interest rate was not even confirmed until March 2, 2015, which
plan referred to this Property as investment property owned by
Midland Properties, LLC.

The bankruptcy case is in re: MIDLAND PROPERTIES, LLC and JERRY J.
MORGAN, SR., CH. 11, Debtor, Case No. BK13-81894 (Bankr. D. Neb.)

A copy of Judge Saladino's Dec. 8, 2017 Order is available at
https://is.gd/7rsULf from Leagle.com.

Jerry J Morgan, Sr., Plaintiff, represented by James B. McVay --
jmcvay@omahalaw.com -- Tiedeman, Lynch, Kampfe, McVay et al.

Specialized Loan Servicing, LLC, a Delaware limited liability
company, Defendant, represented by Patrick Raymond Turner --
patrick.turner@stinson.com -- Stinson Leonard Street LLP.

Wells Fargo Home Mortgage, Inc., d/b/a America's Servicing Company,
Defendant, represented by Jennifer L. Andrews --
Jennifer.andrews@kutakrock.com -- Kutak Rock Law Firm.

Midland Properties II, LLC, filed a Chapter 11 petition (Bankr. D.
Neb. Case No. 16-80487) on April 4, 2016, and is represented by
David Grant Hicks, Esq., at Pollak, Hicks, & Alhejaj, P.C., in
Omaha, Nebraska.  At the time of filing, the Debtor had $1 million
to $10 million in estimated assets and $1 million to $10 million in
estimated liabilities.  The petition was signed by Jerry J. Morgan,
Sr., agent/managing member.  A list of the Debtor's 20 largest
unsecured creditors is available for free at
http://bankrupt.com/misc/neb16-80487.pdf  


MIDWAY GOLD: Amended Liquidation Plan Declared Effective on Dec. 6
------------------------------------------------------------------
The Revised Second Amended Joint Chapter 11 Plan of Liquidation of
Midway Gold US Inc., et al., has been declared effective on Dec. 6,
2017, and the Company has emerged from Chapter 11 protection.

The Plan was confirmed by the U.S. Bankruptcy Court for the
District of Colorado on Nov. 15, 2017.

The deadline to file all administrative claims in the cases is Jan.
5, 2018.

The deadline to file all final fee applications for payment of
Professional Compensation Claims is Jan. 20, 2018.

BankruptcyData.com has reported that "The Plan of Liquidation
provides for the appointment of the Liquidating Trustee and for the
transfer of substantially all of the Company's remaining assets to
the Midway Liquidating Trust. The Liquidating Trustee will
administer the Plan and the Midway Liquidating Trust. The
Liquidation Analysis for the Debtors estimates the Cash Balance as
of January 31, 2017 to be $19.2 million.  The recovery rate to the
Priority Non-Tax Claims is estimated to be 100%.  The recovery rate
to Unsecured Claims is estimated to be between 0% - 12%."

                       About Midway Gold

Midway Gold Corp., incorporated on May 14, 1996, under the laws of
the Province of British Columbia, Canada, is engaged in the
acquisition, exploration and development of mineral properties
located in the state of Nevada and Washington.

Midway Gold operates primarily through its wholly-owned subsidiary
located in the United States, Midway Gold US Inc.  The executive
offices are in Englewood, Colorado.  Midway US currently has one
gold producing property: the Pan gold mine located in White Pine
County, Nevada.  Midway also has gold properties which are
exploratory stage projects where gold mineralization has been
identified, such as the Tonopah project in Nye County, Nevada, the
Gold Rock project in White Pine County, Nevada, and the Golden
Eagle project in Ferry County, Washington.  Out of these projects,
a permitting process has been undertaken only for the Gold Rock
project.  Finally, Midway's Spring Valley property, another gold
property located in Pershing County, Nevada, is subject to a joint
venture with Barrick Gold Exploration Inc.

On June 22, 2015, Midway Gold US Inc. and 12 related entities,
including parent Midway Gold Corp. each filed a petition in the
U.S. Bankruptcy Court for the District of Colorado seeking relief
under Chapter 11 of the U.S. Bankruptcy Code.  The Debtors' cases
have been assigned to Judge Michael E. Romero.

Judge Michael E. Romero directed the joint administration of the
cases under Case No. 15-16835, Midway Gold US Inc.

The Debtors tapped Squire Patton Boggs (US) LLP as lead bankruptcy
counsel; Sender Wasserman Wadsworth, P.C., as special bankruptcy
and restructuring counsel; DLA Piper (Canada) LLP, as Canadian
bankruptcy counsel; Ernst & Young Inc., as information officer of
Canadian court; RBC Capital Markets, as investment banker; FTI
Consulting as financial advisor; and Epiq Solutions, as claims and
noticing agent.

Midway Gold Corp. disclosed $184 million in assets and $62.4
million in liabilities as of March 31, 2015.  Midway Gold US Inc.,
disclosed total assets of $2,461,673 and total liabilities of
$122,448,181 as of the Chapter 11 filing.

The U.S. Trustee appointed seven creditors to serve on the official
committee of unsecured creditors in the Debtors' cases.  The
creditors are American Assay Laboratories, EPC Services Company,
InFaith Community Foundation, Jacobs Engineering Group Inc., SRK
Consulting (US) Inc., Sunbelt Rentals, and Boart Longyear.
Gavin/Solmonese LLC serves as its financial advisor.


MILFORD REGIONAL: Moody's Cuts Bonds Rating to Ba1; Outlook Stable
------------------------------------------------------------------
Moody's Investors Service has downgraded Milford Regional Medical
Center, MA's bonds to Ba1. The outlook is stable at this rating.

RATINGS RATIONALE

The downgrade reflects expected continued weakening of already thin
balance sheet coverage of debt and operations, with some modest
near term capital plans, as well as continued elevated debt to cash
flow with limited ability to grow cash flow in a highly competitive
market.

The rating is anchored at Ba1 by Milford's strong network of
affiliations with well-regarded academic medical centers in and
around Boston, as well as an expanding system of urgent care
centers. Operations and liquidity are stabilizing with resumed
volume and revenue growth. These credit strengths are
counterbalanced by MRMC's small size and thin cash flow which limit
flexibility, as well as continued reliance on gift flow to
replenish reserves after recent completion of a large capital
project.

RATING OUTLOOK

Revision of the outlook to stable reflects demonstrated ability to
improve operations and stabilize liquidity in fiscal 2017 according
to plan. The stable outlook further reflects Moody's expectations
that Milford Regional Medical Center will continue to produce at
least breakeven operations, with relatively stable liquidity as
gift receipts help to offset capital investments over the next few
years.

FACTORS THAT COULD LEAD TO AN UPGRADE

- Improved operating cash flow

- Sustained above-average revenue and volume growth

- Substantial growth of days cash on hand

FACTORS THAT COULD LEAD TO A DOWNGRADE

- Continued volatility in operations

- Liquidity declines beyond anticipated use for capital in fiscal

   2018

- Additional debt issuance

LEGAL SECURITY

Bonds are backed by a gross receipts pledge of the obligated group
(includes the hospital and Tri-County physician practice). The
bonds are also secured by a mortgage on the primary hospital campus
in Milford as well as a debt service reserve fund.

PROFILE

Milford Regional Medical Center is a 145 bed community hospital
located approximately 40 miles southwest of Boston and 15 miles
southeast of Worcester, Massachusetts. The obligated group also
includes Tri-County Medical Associates, a multi-specialty physician
group practice of MRMC that includes 94 physicians across multiple
sites.

MRMC maintains affiliations and good working relationships for
teaching or physicians services with several other organizations,
including UMass Memorial Health Care (Baa2 stable), Dana Farber
Cancer Institute (A1 stable), Brigham and Women's Physicians
Organization (part of Partners Healthcare System, Aa3, stable), and
Children's Hospital Corp. (Aa2 stable) in Boston. In particular,
Tri-County Medical Associates' (physician practice plan)
participates in Partners' physician contracts.

METHODOLOGY

The principal methodology used in this rating was Not-For-Profit
Healthcare published in November 2017.


MONADNOCK BREWING: Shareholder Seeks Ch. 11 Trustee Appointment
---------------------------------------------------------------
Trevor Bonnette, a 50% shareholder and one of the two directors of
Monadnock Brewing Company, Inc., moves for the appointment of a
Chapter 11 Trustee for cause because there is a deadlock in the
board and the Debtor cannot effectively reorganize without an
independent Trustee.

Trevor Bonnette on the one hand and Mary and Jerry L. Henry on the
other set up the Debtor pre-petition. The business, which has yet
to operate, is a brewing company. The parties are each 50%
shareholders, Trevor Bonnette holding 50% of the shares and Mary
and Jerry Henry holding collectively 50% of the shares. The parties
agreed on two voting board members Trevor Bonnette and Jerry
Henry.

Henry unilaterally and without a properly noticed hearing, and over
the objection of Bonnette, declared that his vote is the only vote
that counts and voted unilaterally to put the Debtor into Chapter
11, disenfranchising Bonnette from the management of the Debtor.
Henry did not have the votes to do so.

The dispute, if any, over Bonnette's right to vote should have been
submitted to arbitration. Henry should not have unilaterally acted
as if he had majority voting rights.

Bonnette believes he can prove that the Debtor has been mismanaged
by the Henrys who failed to file appropriate reporting forms with
the state and the IRS; that the Henrys have taken assets from the
estate in the form of "hops," sold the "hops" and kept the money
personally; that without authorization advanced themselves $8,000,
which they admitted, after being challenged by Bonnette, was used
to pay their personal bills and they have failed to provide a
proper accounting of expenditures for the Debtor and repay all sums
owed to the Debtor; that notwithstanding the prohibition on owners
taking salaries without 100% written approval, that the Henrys took
significant salaries in violation of the agreement of the parties
and have refused to provide Bonnette with documentation showing the
gross amount of the paychecks written; that in violation of Section
13 of the Bylaws, which required that no family member of a
stockholder shall become an employee or independent contractor of
the Debtor or receive a salary or compensation without a 100% vote
by the shareholders, the Henrys advanced Mary Henry's father (Ken
Christie) $8,560 and their son Michael the sum of $2,185 (Ken has
done some work for the Debtor but nowhere near what he was paid)
and that the Henrys have taken other items from the business
premises.

The Henrys deny all of this, and the parties are not going to be
able to get along and run this company for the benefit of
creditors. Bonnette is also concerned that the Henrys will continue
to use the company's money and assets as if it was their own money
and assets.

In addition, the Henrys have committed fraud and mismanagement,
which Bonnette can demonstrate at the hearing. Therefore, it is in
the best interests of creditors to have a trustee appointed with
sole authority over the affairs of the Debtor.

A copy of Bonnette's Request is available at:

     http://bankrupt.com/misc/nhb17-11697-13.pdf

Counsel for Trevor Bonnette:

    Steven M. Notinger (BNH #03229)
    Notinger Law, PLLC
    7A Taggart Drive
    Nashua, NH 03060
    (603) 417-2158
    steve@notingerlaw.com

The bankruptcy case is in re: Monadnock Brewing Company, Inc., Case
No. 17-11697-BAH (Bankr. D.N.H.).


MONTICELLO INSURANCE: Moody's Withdraws B1 IFS Rating
-----------------------------------------------------
Moody's Investors Service (MIS) has withdrawn the B1 insurance
financial strength (IFS) ratings of Monticello Insurance Limited as
well as the stable outlook.

Moody's has withdrawn the ratings for its own business reasons.


MOUNTAIN BLUE HOTEL: Taps Aaronson Schantz Beiley as Counsel
------------------------------------------------------------
Mountain Blue Hotel Group, LLC seeks approval from the U.S.
Bankruptcy Court for the Northern District of Georgia, Orlando
Division, to hire Geofrey S. Aaronson, Esq, and the law firm of
Aaronson Schantz Beiley P.A. as counsel.

Professional services the attorney will render are:

     a. seek turnover of the Debtor's hotel property, and its books
and records and financial accounts, from the custodian presently in
control of such property so as to allow the Debtor to operate as
Debtor in Possession;

     b. give advice to the Debtor with respect to its powers and
duties as a Debtor in Possession and the continued management of
its financial affairs and business operations;

     c. advise the Debtor with respect to its responsibilities in
complying with the U.S. Trustee's Guidelines and Reporting
Requirements and the Rules of the Court;

     d. prepare motions, pleadings, orders, applications, adversary
proceedings and other legal documents necessary on the
administration of the case;

     e. protect the interests of the Debtor in all matters pending
before the Court in this Chapter 11 case;

     f. represent the Debtor in negotiations with the creditors in
conjunction with cash collateral issues, the preparation of a Plan
of Reorganization and Disclosure Statement, and any other issues
that may arise; and

     g. prepare a Plan of Reorganization and Disclosure Statement,
any necessary amendments to the Plan and Disclosure Statement, and
seek approval of the Disclosure Statement and confirmation of the
Plan by the Court.

Geoffrey S. Aaronson, Esq. attests that neither he nor the firm
represent any interest advers to the Debtor and they are
disinterested persons as required by 11 U.S.C. Sec. 327(a).

The Chapter 11 retainer for this case is $100,000, including costs
and filing fees.

The attorney can be reached through:

     Geoffrey S. Aaronson, Esq.
     AARONSON SCHANTZ BEILEY P.A.
     Miami Tower
     100 Southeast 2nd Street - 27th Floor
     Miami, FL 33131
     Tel: (786) 594-3000
     Fax: (305) 4249338
     E-mail: gaaronson@aspalaw.com

                  About Mountain Blue Hotel Group

Mountain Blue Hotel Group, LLC owns the Hilton Garden Inn located
at 150 Suncrest Towne Centre Drive Morgantown, WV 26505.  Mountain
Blue had previously filed its first bankruptcy petition on Sept.
13, 2017 (Bankr. N.D. Ga. Case No. 17-66051).  The case was
dismissed for failure to meet deadlines set by the Bankruptcy
Court.

Based in Bonita Springs, Florida, Mountain Blue Hotel Group sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga.
Case No. 17-09667) on November 15, 2017.  The petition was signed
by William Abruzzino, its managing member.

Geoffrey S. Aaronson, Esq. at Aaronson Schantz Beiley P.A.
represents the Debtor as counsel.

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


MRMS PROPERTY: Entitled to Recover Counsel Fees from Withheld Rent
------------------------------------------------------------------
The bankruptcy appeal captioned MRMS Property Management, v.
Bayview Loan Servicing, Case No. 17-cv-94-PB (D.N.H.) arises from
an attempt by MRMS Property Management LLC to recover attorney's
fees incurred during the bankruptcy proceeding from a secured
creditor's cash collateral. The bankruptcy court denied the
debtor's request because the court concluded that the requested
fees did not benefit the secured creditor. District Judge Paul
Barbadoro reverses the bankruptcy court's decision.

The bankruptcy court based its decision on 11 U.S.C. section
506(c), which provides that [t]he trustee may recover from property
securing an allowed secured claim the reasonable, necessary costs
and expenses of preserving, or disposing of, such property to the
extent of any benefit to the holder of such claim, including
payment of all ad valorem property taxes with respect to the
property.

To recover an expenditure from collateral under this provision, a
debtor in possession such as MRMS must demonstrate that "the
expenditure was necessary, the amounts expended were reasonable,
and  the creditor benefitted from the expenses."

In the present case, the bankruptcy court reasoned that MRMS was
not entitled to recover counsel fees from the withheld rent because
the fees did not benefit Bayview in its capacity as a secured
creditor. Judge Barbadoro is unpersuaded by this analysis, both
because there is no evidence in the record to support the court's
determination and because the court based its ruling on an
incorrect legal standard.

The bankruptcy court appears to have based its ruling on a finding
that Bayview and HMA would likely have agreed on a process for
completing the maintenance and repairs themselves if only MRMS had
refrained from filing for bankruptcy protection and allowed HMA and
Bayview to resolve the issue in state court. Judge Barbadoro cannot
sustain the court's ruling because there is simply no evidence in
the record to support the finding on which the ruling depends.
Because the record contains no evidence on this issue, the
bankruptcy court's finding that the parties would have reached an
agreement on the maintenance and repairs of MRMS' single piece of
commercial real estate themselves if MRMS had not filed for
bankruptcy protection is speculative.

Moreover, the evidence of the parties' behavior after MRMS filed
for bankruptcy, if anything, suggests that counsel's oversight was
needed to ensure that the maintenance and repairs were completed.
Because it is undisputed that the maintenance and repairs
themselves benefitted Bayview, it follows that the work by counsel
that was required to complete the maintenance and repairs was also
beneficial to Bayview.

A copy of the Court's Memorandum and Order dated Dec. 6, 2017 is
available at https://is.gd/BYJFsM from Leagle.com.

MRMS Property Management LLC, Debtor, Appellant, represented by
Peter N. Tamposi  -- peter@thetamposilawgroup.com -- The Tamposi
Law Group PC.

Bayview Loan Servicing, LLC, Appellee, represented by Charles W.
Gallagher, Haughey Philpot & Laurent PA.

US Trustee, US Trustee, represented by Ann Marie Dirsa --
ann.marie.dirsa@usdoj.gov -- US Trustee & Geraldine L. Karonis --
Geraldine.L.Karonis@usdoj.gov -- US Trustee.

               About MRMS Property Management, LLC

MRMS Property Management, LLC, based in Hudson, NH, filed a Chapter
11 petition (Bankr. D.N.H. Case No. 16-10880) on June 14, 2016.
The petition was signed by Elisha Badeau, manager.  Judge Bruce A.
Harwood presides over the case.  Peter N. Tamposi, at The Tamposi
Law Group, P.C., serves as bankruptcy counsel.  The Debtor
disclosed $450,000 in assets and $1.09 million in liabilities.


NAVIDEA BIOPHARMACEUTICALS: Recasts 2016 Annual Report
------------------------------------------------------
Navidea Biopharmaceuticals, Inc., completed on March 3, 2017, the
sale to Cardinal Health 414, LLC of its assets used, held for use,
or intended to be used in operating its business of developing,
manufacturing and commercializing a product used for lymphatic
mapping, lymph node biopsy, and the diagnosis of metastatic spread
to lymph nodes for staging of cancer, including the Company's
radioactive diagnostic agent marketed under the Lymphoseek
trademark for current approved indications by the U.S. Food and
Drug Administration and similar indications approved by the FDA in
the future, in Canada, Mexico and the United States.  As a result
of the Asset Sale, the Company's consolidated balance sheets and
statements of operations have been reclassified, as required, for
all periods presented to reflect the Business as a discontinued
operation.  Cash flows associated with the operation of the
Business have been combined with operating, investing and financing
cash flows, as appropriate, in our consolidated statements of cash
flows.

The Company initially presented the Business as held for sale and
in discontinued operations within the Company's Quarterly Report on
Form 10-Q for the period ended March 31, 2017.  Accordingly, the
Company has retrospectively recast its previously issued annual
financial statements for the three years in the period ended Dec.
31, 2016 to present the Business as a discontinued operation.

For the year ended Dec. 31, 2016, Navidea reported a net loss of
$14.31 million on $4.97 million of total revenue compared to a net
loss of $27.56 million on $3.01 million of total revenue for the
year ended Dec. 31, 2015.  Navidea previously reported a net loss
of $14.31 million on $21.96 million of total revenue compared to a
net loss of $27.56 million on $13.24 million of total revenue for
the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Navidea had $12.46 million in total assets,
$80.12 million in total liabilities and a total stockholders'
deficit of $67.66 million.

A full-text copy of the Amended Form 10-K is available for free at

                     https://is.gd/Vr2h0j

                         About Navidea

Navidea Biopharmaceuticals, Inc., is a biopharmaceutical company
focused on the development and commercialization of precision
immunodiagnostic agents and immunotherapeutics.  Navidea is
developing multiple precision-targeted products based on its
Manocept platform to help identify the sites and pathways of
undetected disease and enable better diagnostic accuracy, clinical
decision-making, targeted treatment and, ultimately, patient care.

As of Sept. 30, 2017, Navidea had $22.60 million in total assets,
$6.59 million in total liabilities and $16.01 million in total
stockholders' equity.


NAVIDEA BIOPHARMACEUTICALS: Will Sell $100M Worth of Securities
---------------------------------------------------------------
Navidea Biopharmaceuticals, Inc., filed a Form S-3 registration
statement with the Securities and Exchange Commission relating to
the sale, from time to time, in one or more offerings, of up to
$100,000,000 aggregate amount of the Company's common stock,
preferred stock, debt securities, warrants, purchase contracts,
rights and units.

The Company will sell these securities directly to purchasers, or
through agents on its behalf, or through underwriters or dealers as
designated from time to time.  If any agents or underwriters are
involved in the sale of any of these securities, the applicable
prospectus supplement will provide the names of the agents or
underwriters and any applicable fees, commissions or discounts.

Navidea's common stock is currently listed on the NYSE American LLC
exchange under the symbol "NAVB."  The last reported sale price of
the Company's common stock on Dec. 13, 2017 was $0.43 per share.
The applicable prospectus supplement will contain information,
where applicable, as to the listing of any other securities covered
by the prospectus supplement other than the Company's common stock
on the NYSE or any other securities exchange.

A full-text copy of the preliminary prospectus is available for
free at https://is.gd/rpjof4

                        About Navidea

Navidea Biopharmaceuticals, Inc., is a biopharmaceutical company
focused on the development and commercialization of precision
immunodiagnostic agents and immunotherapeutics.  Navidea is
developing multiple precision-targeted products based on its
Manocept platform to help identify the sites and pathways of
undetected disease and enable better diagnostic accuracy, clinical
decision-making, targeted treatment and, ultimately, patient care.

As of Sept. 30, 2017, Navidea had $22.60 million in total assets,
$6.59 million in total liabilities and $16.01 million in total
stockholders' equity.  For the year ended Dec. 31, 2016, Navidea
reported a net loss of $14.31 million compared to a net loss of
$27.56 million for the year ended Dec. 31, 2015.


NET ELEMENT: Gets $1.35 Million from Stock Offering
---------------------------------------------------
Net Element, Inc., filed a quarterly report on Form 10-Q for the
quarter ended Sept. 30, 2017, reporting under Part II, Item 2 of
3rd Quarter 10-Q (Unregistered Sales of Equity Securities and Use
of Proceeds) the sale through Nov. 14, 2017 of shares of its common
stock to Cobblestone Capital Partners LLC in transactions that were
not registered under the Securities Act of 1933, as amended.

After the filing date of the 3rd Quarter 10-Q through Dec. 15,
2017, the Company has sold an aggregate of an additional 349,555
shares of common stock to Cobblestone in multiple transactions,
with the sales to Cobblestone on Dec. 11, 2017 resulting in greater
than 5% of the Company's outstanding common stock sold in
unregistered transactions since the filing date of the 3rd Quarter
10-Q.

The Company received total consideration of $1,350,000 for the
Shares.  The Shares were sold to Cobblestone under an exemption
from the registration requirements of the Securities Act in
reliance upon Section 4(a)(2) of the Securities Act and pursuant to
the Common Stock Purchase Agreement with Cobblestone.

Reflecting the issuance of the Shares, as of Dec. 15, 2017, the
Company had 2,819,120 shares of common stock outstanding.

                     About Net Element

North Miami, Florida-based Net Element, Inc. (NASDAQ:NETE) --
http://www.netelement.com/-- operates a payments-as-a-service
transactional and value-added services platform for small to medium
enterprise in the US and selected emerging markets.  In the U.S. it
aims to grow transactional revenue by innovating SME productivity
services such as its cloud based, restaurant and retail
point-of-sale solution Aptito.  Internationally, Net Element's
strategy is to leverage its omni-channel platform to deliver
flexible offerings to emerging markets with diverse banking,
regulatory and demographic conditions such as UAE, Kazakhstan,
Kyrgyzstan and Azerbaijan where initiatives have been recently
launched.  Net Element was named in 2016 by South Florida Business
Journal as one of the fastest growing technology companies.

Net Element reported a net loss of $13.61 million on $54.28 million
of total revenues for the 12 months ended Dec. 31, 2016, compared
to a net loss of $13.32 million on $40.23 million of total revenues
for the 12 months ended Dec. 31, 2015.  As of Sept. 30, 2017, Net
Element had $20.43 million in total assets, $18.45 million in total
liabilities and $1.98 million in total stockholders' equity.

Daszkal Bolton LLP's report on the Company's consolidated financial
statements for the year ended Dec. 31, 2016, contains an
explanatory paragraph expressing substantial doubt as to the
Company's ability to continue as a going concern.  The independent
auditors stated that the Company's recurring losses from operations
and working capital and accumulated deficits raise substantial
doubt about its ability to continue as a going concern.


NEXTWORTH SOLUTIONS: Foreclosure Sale Set for December 22
---------------------------------------------------------
PISMO LLC, as collateral agent for the secured creditors, will hold
a public foreclosure sale under the Uniform Commercial Code on Dec.
22, 2017, at 10:00 a.m., of all of the rights, titles and interests
of NextWorth Solutions Inc., in and to certain personal property
collateral in which secured creditors have been granted security
interests by the Debtor.

Prospective purchasers will be provided, upon request to the
secured creditors, with the information concerning the collateral
as may be in the possession of the secured creditors at the time of
the sale, including a non-exhaustive list of the assets to be sold,
and may inspect the collateral at 50 Burlington Mall Road, Suite
100, Burlington, Massachusetts, on the day of the auction or
previously, upon information to Steven Levy of PISMO LLC, at
(781)-272-1102.

Based in Billerica, Massachusetts, Nextworth Solutions Inc. --
http://www.nextworth.com/-- provides online and in-store
electronics trade-in programs.  The Company offers a platform that
enables people to trade in various categories, such as Apple
iPhones, Samsung phones, Apple iPads, iPods, other smartphones,
tablets and e-Readers, video games, PC laptops, wearables, action
camcorders, and portable speakers online and in-store at various
locations in the United States.


NOVABAY PHARMACEUTICALS: Will Sell $12 Million Common Shares
------------------------------------------------------------
NovaBay Pharmaceuticals, Inc., filed with the Securities and
Exchange Commission a Form S-1 registration statement in connection
with the offering of shares of common stock having a proposed
maximum aggregate offering price of $12,000,000.

The Company's common stock is listed on the NYSE American under the
symbol "NBY."  On Dec. 14, 2017, the last reported sale price of
the Company's common stock was $3.42 per share.

A full-text copy of the preliminary prospectus is available for
free at https://is.gd/W7aMma

                  About NovaBay Pharmaceuticals

Based in Emeryville, California, NovaBay Pharmaceuticals --
http://www.novabay.com/-- is a biopharmaceutical company focusing
on the commercialization of prescription Avenova lid and lash
hygiene for the domestic eye care market.  Avenova is formulated
with Neutrox which is cleared by the U.S. Food and Drug
Administration (FDA) as a 510(k) medical device.  Avenova is
marketed to optometrists and ophthalmologists throughout the U.S.
by NovaBay's direct medical salesforce.  It is accessible from more
than 90% of retail pharmacies in the U.S. through agreements with
McKesson Corporation, Cardinal Health and AmeriSource Bergen.

Novabay reported a net loss of $13.15 million for the year ended
Dec. 31, 2016, a net loss of $18.97 million for the year ended Dec.
31, 2015, and a net loss of $15.19 million for the year ended Dec.
31, 2014.  As of Sept. 30, 2017, Novabay had $11.05 million in
total assets, $9.22 million in total liabilities and $1.83 million
in total stockholders' equity.


OMINTO INC: Delays Fiscal 2017 Form 10-K Filing
-----------------------------------------------
Ominto, Inc., filed a Form 12b-25 with the Securities and Exchange
Commission notifying the delay in the filing of its annual report
on Form 10-K for the year ended June 30, 2017.

According to Ominto, "We are unable to file our annual report on
Form 10-K within the prescribed time period because we are still
compiling information necessary to complete our financial
statements for the year ended September 30, 2017 and to complete
the audit of these financial statements by our independent
registered public accounting firm.  We do not anticipate filing
such annual report within the prescribed fifteen-day time period
but will continue our efforts to do so as soon as practicable."

                      About Ominto, Inc.

Based in Boca Raton, Florida, Ominto, Inc. --
http://inc.ominto.com/-- is a global e-commerce company and
pioneer of online Cash Back shopping, delivering value-based
shopping and travel deals through its primary shopping platform and
affiliated Partner Program websites.  At DubLi.com or at Partner
sites powered by Ominto.com, consumers shop at their favorite
stores, save with the best coupons and deals, and earn Cash Back
with each purchase.  The Ominto.com platform features thousands of
brand name stores and industry-leading travel companies from around
the world, providing Cash Back savings to consumers in more than
120 countries.  Ominto's Partner Programs offer a white label
version of the Ominto.com shopping and travel platform to
businesses and non-profits, providing them with a professional,
reliable web presence that builds brand loyalty with their members,
customers or constituents while earning commission for the
organization and Cash Back for shoppers on each transaction.

Ominto reported a net loss of $10.30 million for the year ended
Sept. 30, 2016, and a net loss of $11.69 million for the year ended
Sept. 30, 2015.  As of June 30, 2017, Ominto had $58.38 million in
total assets, $43.39 million in total liabilities and $14.99
million in total equity.


ORWELL TRUMBULL: Seeks to Hire Special Counsel
----------------------------------------------
Orwell Trumbull Pipeline Co, LLC, seeks authority from the U.S.
Bankruptcy Court for the Northern District of Ohio to employ
Dettelbach Sicherman & Baumgart, LLCPA; Kravitz Brown & Dortch,
LLC; and Wuliger and Wuliger, as special counsel to the Debtor.

The Debtor is a pipeline company regulated by the Public Utility
Commission of Ohio ("PUCO). In addition to PUCO-initiated
investigations, the Debtor has a proceeding pending before the PUCO
for the determination of future rates, and a handful of complaints
against it by its customers.

Orwell Trumbull requires the special counsel to assist the Debtor
in the PUCO proceedings.

The special counsel will be paid at these hourly rates:

     Dettelbach Sicherman & Baumgart, LLCPA

       Richard Baumgard             $410

     Kravitz Brown & Dortch, LLC

       Michael Dortch               $375
       Richard R. Parsons           $275
       Justin M. Dortch             $200

     Wuliger and Wuliger

       William Wuliger              $450
       Mark Kremser                 $280
       Amy Wuliger                  $280

To the best of the Debtor's knowledge, the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

The special counsel can be reached at:

     Richard Baumgart, Esq.
     DETTELBACH SICHERMAN & BAUMGART, LLCPA
     55 Public Square, 21st Floor
     Cleveland, OH 44113
     Tel: (216) 696-6000
     E-mail: rbaumgart@dsb-law.com

     Michael D. Dortch, Esq.
     KRAVITZ, BROWN & DORTCH, LLC
     65 East State Street Suite 200
     Columbus, OH 43215
     Tel: (614) 464-2000
     Fax: (614) 464-2002
     E-mail: mdortch@kravitzllc.com

     William Wuliger, Esq.
     WULIGER AND WULIGER
     2003 St. Clair Avenue
     Cleveland, OH 44114
     Tel: (216) 781-7777

            About Orwell Trumbull Pipeline Co, LLC

Based in Willoughby, Ohio, Orwell-Trumbull Pipeline Co., LLC,
engineers, installs, constructs, and inspects electronic measuring
equipment for the natural gas industry.

Orwell Trumbull Pipeline filed a Chapter 11 petition (Bankr. N.D.
Ohio Case No. 17-17135) on December 4, 2017. The Hon. Arthur I.
Harris presides over the case. Glenn E. Forbes, Esq., at Forbes Law
LLC, serves as bankruptcy counsel.

In its petition, the Debtor estimated $10 million to $50 million in
both assets and liabilities. The petition was signed by Richard M.
Osborne, its managing member.


PREMIER EXHIBITIONS: Withdraws Sales Procedures for Assets
----------------------------------------------------------
Premier Exhibitions, Inc. (otcqb:PRXIQ) the company that serves as
salvor-in-possession and sole legal steward of the RMS Titanic
wreck site, on Dec. 19 disclosed that it has withdrawn the proposed
sales procedures it filed with the bankruptcy court to pursue an
auction of the company's assets.  The auction, which had been
tentatively scheduled for Feb. 6, 2018 has been cancelled pending
discussions with relevant stakeholders on the best path forward.

The decision to withdraw the sale procedure motion follows a motion
filed by the National Maritime Museum of Greenwich to change
oversight of the sales process from the Bankruptcy Court for the
Middle District of Florida to the Eastern District of Virginia and
an objection to the sale motion filed by an Ad Hoc Equity Group
comprised of funds managed by affiliates of Alta Fundamental
Advisers LLC and Apollo Global Management, LLC.  Uncertainty
surrounding the timeline for resolution of the issues raised by
those parties led Premier to withdraw the sale procedure motion to
allow the Company an opportunity to develop a path forward in
discussions with stakeholders including the company's equity and
debt holders.  The timeline for the sale contemplated by the
company's motion and recently-filed liquidation plan will likely be
revised based upon those discussions, and discussions concerning
any alternative reorganization proposals presented.

This latest development comes as Premier was engaged in active
conversations with a variety of parties regarding the sale of the
most valuable, unique collection of Titanic assets ever offered for
sale.  Any parties interested in potentially acquiring these assets
are still encouraged to contact Premier and its representatives to
express interest and learn more.

Subject to court approval, a successful bidder will also have the
opportunity to succeed to the Company's status as the
"salvor-in-possession," permitting the new owner exclusive salvage
rights to the wreck site.  The collection includes approximately
5,500 individual pieces that have been recovered from the wreck
site over the course of seven deep sea expeditions; ownership of
video footage, imagery, and other intellectual and personal
property.

The Titanic collection consists of the only artifacts ever
recovered from the wreck site of Titanic, which tragically sank on
April 15, 1912.  The artifacts, which have been painstakingly
conserved and researched, have been used to educate millions of
people around the world about the story of Titanic and her
passengers.

The decision to withdraw sale procedures was filed with the United
States Bankruptcy Court for the Middle District of Florida
(Jacksonville Division).

For more information, please visit titanicartifacts.com  

                        About RMS Titanic

Premier Exhibitions, Inc. (Nasdaq: PRXI), located in Atlanta,
Georgia, is a presenter of museum quality exhibitions throughout
the world.  Premier -- http://www.PremierExhibitions.com/--
develops and displays unique exhibitions for education and
entertainment including Titanic: The Artifact Exhibition, BODIES.
The Exhibition, Tutankhamun: The Golden King and the Great
Pharaohs, Pompeii The Exhibition, Extreme Dinosaurs and Real
Pirates in partnership with National Geographic.  The success of
Premier Exhibitions lies in its ability to produce, manage, and
market exhibitions.

RMS Titanic and seven of its subsidiaries filed voluntary petitions
for reorganization under Chapter 11 of the Bankruptcy Code (Bankr.
M.D. Fla. Lead Case No. 16-02230) on June 14, 2016.  Former Chief
Financial Officer and Chief Operating Officer Michael J. Little
signed the petitions.  The Chapter 11 cases are assigned to Judge
Paul M. Glenn.

The Debtors estimated both assets and liabilities of $10 million to
$50 million.

The Debtors are represented by Daniel F. Blanks, Esq., and Lee D.
Wedekind, III, Esq., at Nelson Mullins Riley & Scarborough LLP.
The Debtors employ Brian A. Wainger, Esq., at Kaleo Legal as
special litigation counsel, outside general counsel, securities
counsel, and conflicts counsel; Robert W. McFarland, Esq., at
McGuireWoods LLP as special litigation counsel; Steven L. Berson,
Esq., at Dentons US LLP and Dentons Canada LLP as outside general
counsel and securities counsel; Oscar N. Pinkas, Esq., at Dentons
LLP as outside general counsel and securities counsel.

The Debtors also employed Ronald L. Glass as Chief Restructuring
Officer and GlassRatner Advisory & Capital Group, LLC, as financial
advisors.

Guy Gebhardt, acting U.S. trustee for Region 21, on Aug. 24, 2016
appointed three creditors to serve on the official committee of
unsecured creditors of RMS Titanic, Inc., and its affiliates.  The
Committee hired Avery Samet, Esq. and Jeffrey Chubak, Esq., at
Storch Amini & Munves PC, and Richard R. Thames, Esq. and Robert A.
Heekin, Jr., Esq., at Thames Markey & Heekin, P.A., as counsel.

The official committee of equity security holders of Premier
Exhibitions Inc. retained Peter J. Gurfein, Esq., at Landau
Gottfried & Berger LLP as counsel; Jacob A. Brown, Esq., and
Katherine C. Fackler, Esq., at Akerman LLP as Co-Counsel; and Teneo
Securities LLC as financial advisor.


PREMIER PCS OF TX: Seeks Authority to Use Cash Collateral
---------------------------------------------------------
Premier PCS of TX, LLC, seeks authority from the U.S. Bankruptcy
Court for the Western District of Texas to use cash collateral.

The proposed monthly business budget provides total expenses of
$1,644,500.

The known liens of record upon the Debtor's cash equivalents were
perfected by: (a) Metro PCS Texas, LLC; (b) T-Mobile, USA, Inc.;
and (c) Complete Business Solutions Group (CBSG).

As adequate protection measures for the use of cash collateral, the
Debtor requests that:

     (a) The automatic stay applies to all creditors holding
interests in the cash equivalents including Wells Fargo Account
#2870;

     (b) The Court award replacement liens to Metro PCS and CBSG in
the order of priority that existed on the Petition Date;

     (c) The Court measure the extent of the replacement liens
according to the value of the collateral that existed on the
Petition Date, including the sums on deposit in Wells Fargo in the
accounts pertinent to each;

     (d) The Debtor will keep its inventory adequately insured
against fire, theft, water damage, and other hazards;

     (e) The Debtor will make interim monthly adequate protection
payments to Metro PCS in the amount of $270,000 and to CBSG in the
amount of $20,000;

     (f) The Debtor will file monthly operating reports according
to the Guidelines for Debtor-in-Possession published by the U.S.
Trustee's Office, and furnish email access information to them so
that they can review such operating reports;

     (g) The Debtor will maintain the cash collateral at the
aggregate level on hand for each creditor as of the Petition Date,
less amounts paid to that creditor from sales and operations and
under the requested interim order; and

     (h) Metro PCS and CBSG will each have rights to inspect its
collateral and the Debtor's books and records on site during
regular business hours for the Debtor.

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

            http://bankrupt.com/misc/txwb17-32021-7.pdf

                     About Premier PCS of TX

Based in El Paso, Texas, Premier PCS of TX, LLC, provides computer
maintenance and repair services.  Premier PCS of TX, based in El
Paso, TX, filed a Chapter 11 petition (Bankr. W.D. Tex. Case No.
17-32021) on Dec. 6, 2017.  Richard Ahn, managing member, signed
the petition.  In its petition, the Debtor estimated $500,000 to $1
million in assets and $1 million to $10 million in liabilities.
The Hon. Christopher H. Mott presides over the case.  E.P. Bud
Kirk, a partner at the law firm of E.P. Bud Kirk, serves as
bankruptcy counsel.


PROMETHEUS HEALTH: Ch. 11 Petition Filed in Bad Faith
-----------------------------------------------------
In the case captioned PROMETHEUS HEALTH IMAGING, INC., Appellant,
v. UST-UNITED STATES TRUSTEE, SANTA ANA, Appellee, No. 16-60077
(9th Cir.), Debtor Prometheus appeals the Ninth Circuit Bankruptcy
Appellate Panel's dismissal of its Chapter 11 bankruptcy petition
for bad faith. Upon review of the case, the U.S Court of Appeals,
Ninth Circuit, affirms.

The Ninth Circuit finds that the totality of the circumstances
warrants a finding that Debtor filed its Chapter 11 petition in bad
faith.

First, the Debtor claims it needed to file a Chapter 11 petition to
continue litigating its claims against General Electric Medical
Systems Europe in the French courts. But Debtor lacks standing to
pursue these claims because they were a part of Debtor's previous
Chapter 7 estate and therefore subject to the control of the
Chapter 7 trustee, not Debtor. The Debtor did not present evidence
and does not do so on appeal that its claims against GEM were
somehow excluded from the Chapter 7 estate.

Furthermore, the Debtor continued to litigate its claims in France
even after the bankruptcy court dismissed its Chapter 11 petition
in November 2014, undercutting its contention the petition was
necessary to the GEM litigation. The Debtor failed to submit
evidence it provided any affirmative notice to the French court or
GEM that its bankruptcy case had been dismissed. The bankruptcy
court, therefore, did not abuse its discretion in dismissing the
case for bad faith.

A copy of the Ninth Circuit's Dec. 6, 2017 Memorandum is available
at https://is.gd/CEnvM1 from Leagle.com.

Based in Placentia, California, Prometheus Health Imaging, Inc.
filed for chapter 11 bankruptcy protection (Bankr. C.D. Cal. Case
No. 14-10250) on Jan. 14, 2014, listing its estimated assets at $1
million to $10 million and estimated liabilities at $1 million to
$10 million. The petition was signed by Wendee Luke, president.


PROVIDENT FINANCING: Fitch Affirms BB+ on 7.4% Jr. Sub. Securities
------------------------------------------------------------------
Fitch Ratings has affirmed the Insurer Financial Strength (IFS)
ratings for all of Unum Group's (UNM) domestic operating
subsidiaries at 'A', and has affirmed the company's Long-Term
Issuer Default Rating (IDR) at 'BBB+'. The Rating Outlook is
Stable.

KEY RATING DRIVERS

The affirmation of UNM's ratings reflects the company's strong
business profile, continued strong, stable operating performance in
its core business lines, moderate investment risk, and solid
capital and liquidity at both the insurance subsidiary and holding
company level. UNM's ratings also reflect the impact of the ongoing
low interest rate environment on the company's businesses, above
average exposure to legacy long-term care policies, competitive
challenges in the company's core U.S. disability business, and
Brexit-related headwinds that continue to pressure the operating
performance of its U.K. business.

UNM's strong business profile reflects its good business mix and
leadership position in the U.S. employee benefits market, which
provides the company significant scale efficiencies, but also
exposes the company to weak employment conditions. Fitch's view of
UNM's business profile is diminished somewhat by its large block of
legacy LTC policies. Although UNM has benefited from adequate rate
increases on its LTC block in recent years, such increases require
regulatory approval and are therefore not guaranteed.

UNM's strong operating performance over the past two years has
benefited from gradual improvement in employment conditions and
salary growth in the U.S., as well as generally rational pricing
conditions in the group long-disability market. UNM's overall
profitability has been strong and stable, and is expected to
continue to support the current rating for the foreseeable future.
Operating margins in UNM's U.S. disability business have held up
well through challenging economic conditions in recent years. UNM
has been experiencing a generally improving trend in the benefit
ratio of its core U.S. group disability income business over the
past several years, which has helped support the company's overall
profitability.

UNM reported pretax operating earnings of $1.05 billion for the
first nine months of 2017, up from $981 million for the same period
in 2016. Despite pressure from the ongoing difficult interest rate
conditions, the company has maintained attractive margins through
pricing and claims and expense management. Fitch anticipates
additional pressure on UNM's U.K. operations in the short- to
intermediate-term driven by uncertainty around the effects of the
U.K. vote in June 2016 to leave the European Union.

Fitch considers UNM's capitalization to be strong and financial
leverage to be reasonable and within overall expectations for the
company's ratings. The company's Prism score of 'Strong' based on
year-end 2016 data is consistent with the company's current 'A' IFS
rating, as is the company's financial leverage of 26% at Sept. 30,
2017. UNM reported consolidated risk-based capital (RBC) of its
U.S. insurance subsidiaries of approximately 404% at year-end 2016,
and Fitch anticipates consolidated RBC to be near 400% at year-end
2017, which is at the high end of management's near- to
intermediate-term target of 375%-400%.

Fitch considers UNM's debt service capacity to be strong for the
rating level with GAAP earnings-based interest coverage of
approximately 10x for the first nine months of in 2017. Holding
company liquidity as represented by cash and marketable securities,
including those held at an intermediate holding company, totalled
$771 million at Sept. 30, 2017.

RATING SENSITIVITIES
The key rating sensitivities that could lead to an upgrade
include:

-- Reduced exposure to legacy long-term care business with no
deterioration in operating performance.
-- U.S. risk-based capital ratio above 400%, Prism score of at
least 'Strong' and run-rate financial leverage below 25%.

Key rating sensitivities that could lead to a downgrade include:

-- Deterioration in financial results that includes an increase
    in the U.S. group disability benefit ratio over 87%, return on

    equity (ROE) declining to a level below 9%, and statutory
    maximum allowable dividend interest expense coverage falling
    below 3x.
-- Holding company cash falls below management's target of
    approximately 1x fixed charges (interest expense plus common
    stock dividend).
-- U.S. risk-based capital ratio below 350%, Prism score below
    'Strong' or financial leverage above 28%.


FULL LIST OF RATING ACTIONS

Fitch affirms the following ratings with a Stable Outlook:

Unum Group Inc.
-- Long-Term IDR at 'BBB+';
-- 7.00% senior notes due July 15, 2018 at 'BBB';
-- 5.625% senior notes due Sept. 15, 2020 at 'BBB';
-- 3.00% senior notes due May 15, 2021 at 'BBB';
-- 4.00% senior notes due March 15, 2024 at 'BBB;
-- 3.875% senior notes due Nov. 5, 2025 at 'BBB;
-- 7.25% senior notes due March 15, 2028 at 'BBB';
-- 6.75% senior notes due Dec. 15, 2028 at 'BBB';
-- 7.375% senior notes due June 15, 2032 at 'BBB';
-- 5.75% senior notes due Aug. 15, 2042 at 'BBB'.

Provident Financing Trust I
-- 7.405% junior subordinated capital securities at 'BB+'.

Unum Group members:
Unum Life Insurance Company of America
Provident Life & Accident Insurance Company
Provident Life and Casualty Insurance Company
The Paul Revere Life Insurance Company
Unum Insurance Company
First Unum Life Insurance Company
Colonial Life & Accident Insurance Company
-- IFS at 'A'.


PUERTO RICO: US Gov't. Issues Statement on PROMESA Status
---------------------------------------------------------
BankruptcyData.com reported that the United States of America filed
with the U.S. Bankruptcy Court a memorandum of law in support of
the constitutionality of the Puerto Rico Oversight, Management, and
Economic Stability Act (PROMESA). The statement explains, "Congress
enacted PROMESA in 2016 amidst the worst fiscal crisis in Puerto
Rico's history. To prevent the further downward spiral of Puerto
Rico's economy, PROMESA provides a comprehensive approach that,
among other things, allows the Commonwealth of Puerto Rico and its
instrumentalities to restructure their debts in a process akin to
Chapter 9 of the U.S. Bankruptcy Code. Central to PROMESA's
statutory scheme is the creation of a Financial Oversight and
Management Board ('Oversight Board') within Puerto Rico's
territorial government, which Congress tasked with achieving Puerto
Rico's fiscal responsibility and restoring access to the capital
markets. This includes acting as the sole representative of the
debtor in a debt restructuring proceeding instituted under PROMESA.
Aurelius Investment, LLC, Aurelius Opportunities Fund, and Lex
Claims, LLC ('Aurelius') - hedge funds holding outstanding bonds
issued by the Commonwealth - contend that PROMESA's statutory
scheme governing the appointment of members of the Oversight Board
violates the Appointments Clause of the Constitution and encroaches
on the President's executive authority in violation of separation
of powers. Accordingly, Aurelius asks that the Court dismiss the
debt restructuring proceeding initiated by the Board on behalf of
the Commonwealth of Puerto Rico. Contrary to Aurelius's arguments,
PROMESA's appointments scheme is constitutional."

                     About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States that's facing a massive bond debt of $70 billion,
a 68% debt-to-GDP ratio and negative economic growth in nine of the
last 10 years.

The Commonwealth of Puerto Rico has sought bankruptcy protection,
aiming to restructure its massive $74 billion debt-load and $49
billion in pension obligations.

The debt restructuring petition was filed by Puerto Rico's
financial oversight board in U.S. District Court in Puerto Rico
(Case No. 17-01578) on May 3, 2017, and was made under Title III of
2016's U.S. Congressional rescue law known as the Puerto Rico
Oversight, Management, and Economic Stability Act ("PROMESA").

The Financial Oversight and Management Board later commenced Title
III cases for the Puerto Rico Sales Tax Financing Corporation
(COFINA) on May 5, 2017, and the Employees Retirement System (ERS)
and the Puerto Rico Highways and Transportation Authority (HTA) on
May 21, 2017.  On July 2, 2017, a Title III case was commenced for
the Puerto Rico Electric Power Authority ("PREPA").

U.S. Chief Justice John Roberts has appointed U.S. District Judge
Laura Taylor Swain to oversee the Title III cases.  The Honorable
Judith Dein, a United States Magistrate Judge for the District of
Massachusetts, has been designated to preside over matters that may
be referred to her by Judge Swain, including discovery disputes,
and management of other pretrial proceedings.

Joint administration of the Title III cases, under Lead Case No.
17-3283, was granted on June 29, 2017.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets, as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose; and Hermann D. Bauer, Esq., at
O'Neill & Borges are on-board as attorneys.

McKinsey & Co. is the Board's strategic consultant, Ernst & Young
is the Board's financial advisor, and Citigroup Global Markets Inc.
is the Board's municipal investment banker.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains a case web site at
https://cases.primeclerk.com/puertorico

Epiq Bankruptcy Solutions LLC is the service agent for ERS, HTA,
and PREPA.

O'Melveny & Myers LLP is counsel to the Commonwealth's Puerto Rico
Fiscal Agency and Financial Advisory Authority (AAFAF), the agency
responsible for negotiations with bondholders.

The Oversight Board named Professor Nancy B. Rapoport as fee
examiner and to chair a committee to review professionals' fees.

                      Bondholders' Attorneys

Toro, Colon, Mullet, Rivera & Sifre, P.S.C. and Kramer Levin
Naftalis & Frankel LLP serve as counsel to the Mutual Fund Group,
comprised of mutual funds managed by Oppenheimer Funds, Inc.,
Franklin Advisers, Inc., and the First Puerto Rico Family of Funds,
which collectively hold over $3.5 billion in COFINA Bonds and over
$2.9 billion in other bonds issued by Puerto Rico and other
instrumentalities, including over $1.8 billion of Puerto Rico
general obligation bonds ("GO Bonds").

White & Case LLP and Lopez Sanchez & Pirillo LLC represent the UBS
Family of Funds and the Puerto Rico Family of Funds, which hold
$613.3 million in COFINA bonds.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, Robbins, Russell,
Englert, Orseck, Untereiner & Sauber LLP, and Jimenez, Graffam &
Lausell are co-counsel to the ad hoc group of General Obligation
Bondholders, comprised of Aurelius Capital Management, LP, Autonomy
Capital (Jersey) LP, FCO Advisors LP, Franklin Mutual Advisers LLC,
Monarch Alternative Capital LP, Senator Investment Group LP, and
Stone Lion Capital Partners L.P.

Quinn Emanuel Urquhart & Sullivan, LLP and Reichard & Escalera are
co-counsel to the ad hoc coalition of holders of senior bonds
issued by COFINA, comprised of at least 30 institutional holders,
including Canyon Capital Advisors LLC and Varde Investment
Partners, L.P.

Correa Acevedo & Abesada Law Offices, P.S.C., is counsel to Canyon
Capital Advisors, LLC, River Canyon Fund Management, LLC, Davidson
Kempner Capital Management LP, OZ Management, LP, and OZ Management
II LP (the QTCB Noteholder Group).

                           Committees

The U.S. Trustee formed a nine-member Official Committee of
Retirees and a seven-member Official Committee of Unsecured
Creditors of the Commonwealth.  The Retiree Committee tapped Jenner
& Block LLP and Bennazar, Garcia & Milian, C.S.P., as its
attorneys.  The Creditors Committee tapped Paul Hastings LLP and
O'Neill & Gilmore LLC as counsel.


QUALITY CARE: S&P Lowers CCR to 'CCC', Remains on Watch Negative
----------------------------------------------------------------
Quality Care Properties Inc. (QCP) announced it would extend the
deadline to negotiate with its primary tenant, HCR ManorCare (HCR),
until Jan. 15, 2018, with no amendment or waiver reached on the
covenant under its credit facilities. HCR's operating performance
has weakened significantly, limiting the company's ability to pay
rent sufficient enough to alleviate a covenant breach. According to
S&P's projections, the debt service coverage covenant (DSC) could
be breached as early as the first or second quarter of 2018.

S&P Global Ratings lowered its corporate credit rating on Bethesda,
Md.–based Quality Care Properties Inc. to 'CCC' from 'B-'. All
the ratings on QCP remain on CreditWatch with negative
implications.

S&P said, "At the same time, we lowered the rating on the
first-lien credit facility to 'B-' from 'B+'. The recovery rating
is '1', indicating our expectation for very high recovery
(90%-100%; rounded estimate: 95%) in the event of a payment
default. We also lowered the second-lien issue-level rating to
'CCC+' from 'B'. The '2' recovery rating indicates our expectation
for substantial (70%-90%; rounded estimate: 75%) recovery in the
event of a payment default.

"The downgrade reflects our view that QCP has limited covenant
cushion and a heightened probability of breaching its DSC covenant
as early as the first or second quarter of 2018 absent an amendment
of its credit facilities, waiver by the lenders, or possible debt
or company reorganization. QCP's main tenant, HCR--representing 87%
of QCP's net operating income (NOI)--continues to pay substantially
lower than contracted rent. While HCR had $178 million cash on its
balance sheet as of Sept. 30, 2017, we believe there are meaningful
obstacles inhibiting HCR's ability to pay sufficient rent on a
timely basis.

"We intend to resolve the CreditWatch once QCP makes progress in
alleviating covenant pressure, through an amendment or waiver to
its credit facilities or potential restructuring of QCP's debt.
Additionally, we will assess the long-term sustainability of rental
payments from its SNF asset portfolio (from either HCR or other
regional operators).

"We could lower our rating on QCP if the company is unable to
obtain a waiver or amendment to its credit facilities by early
2018, as a potential breach of its covenants could result in the
acceleration of the first-lien facility. Alternatively, the rating
could be lowered due to a debt restructuring in which the debt
would be deemed a selective default."


QUOTIENT LIMITED: Issues Warrants to Purchase 8.4M Ordinary Shares
------------------------------------------------------------------
In connection with its previously announced private placement, in
October 2017, Quotient Limited issued warrants of the Company, at a
purchase price of $0.125 per underlying warrant share, exercisable
for up to 8,414,683 ordinary shares at an exercise price of $5.80
per ordinary share, no par value.  On Dec. 12, 2017, the Company
entered into a Warrant Agent Agreement, with Continental Stock
Transfer & Trust Co., which also acts as transfer agent for the
ordinary shares, for the Warrant Agent to act as warrant agent for
the Warrants.

Pursuant to the terms of the Warrant Agent Agreement, exercise of
the purchase rights represented by the Warrants may be made, in
whole or in part, by delivery to the Warrant Agent at its corporate
trust department located at 1 State Street, 30th Floor, New York,
New York 10004, a duly executed facsimile copy of the Notice of
Exercise Form attached to the Warrant; and, within three Trading
Days (as defined in the Warrants) of the date the Notice of
Exercise is delivered to the Warrant Agent, all items required to
be delivered pursuant to the Warrants, including the certificate
representing the Warrant (if required), the aggregate exercise
price, and all other amounts due and payable, as required by the
Warrants.

                     About Quotient Limited

Penicuik, United Kingdom-based Quotient Limited --
http://www.quotientbd.com/-- develops, manufactures and sells
products for the global transfusion diagnostics market.  Products
manufactured by the Group are sold to hospitals, blood banking
operations and other diagnostics companies worldwide.  Quotient
Limited completed an initial public offering for its ordinary
shares on April 30, 2014 pursuant to which it issued 5,000,000
units each consisting of one ordinary share, no par value and one
warrant to purchase 0.8 of one ordinary share at an exercise price
of $8.80 per whole ordinary share, raising $40 million of new
equity share capital before issuing expenses.

Quotient Limited reported a net loss of US$85.06 million on
US$22.22 million of total revenue for the year ended March 31,
2017, compared to a net loss of US$33.87 million on US$18.52
million of total revenue for the year ended March 31, 2016.

As of Sept. 30, 2017, Quotient Limited had US$122.21 million in
total assets, US$138.6 million in total liabilities and a total
shareholders' deficit of US$16.37 million.

Ernst & Young LLP, in Belfast, United Kingdom, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended March 31, 2017, citing that the
Company has recurring losses from operations and planned
expenditure exceeding available funding that raise substantial
doubt about its ability to continue as a going concern.


RD3J LTD: PlainsCapital Buying Edinburg Propty for $1.9M Credit Bid
-------------------------------------------------------------------
RD3J, Ltd., asks the U.S. Bankruptcy Court for the Southern
District of Texas to authorize the sale of its non-operating
Hospital facility located at 2655 Cornerstone Blvd., Edinburg,
Texas, and certain related personal property to PlainsCapital Bank
for $1.9 million, plus $10 for related Personal Property, by credit
bid.

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

The Debtor owns various parcels of real property in Edinburg, Texas
including a medical office building located at 2402 Cornerstone
Blvd, Edinburg, Texas ("MOB") and a nearby vacant lot.  It also
owns the Hospital.  The MOB is leased to Dr. Raul Marquez, M.D. the
representative of the general partner of the Debtor and the
principal of the Debtor.  The Hospital is the only property that
the Debtor seeks approval to sell through the Motion.

PlainsCapital Bank, A Texas Banking Association, is the Debtor's
secured lender with liens on the Hospital, as well as certain other
real property owned by the Debtor, as further described in its
Proof of Claim filed in the case.

In July 2016, the tenant leasing the Hospital terminated its lease
and vacated the premises.  Since that time, the Debtor has repaired
significant damage to the Hospital and begun marketing the property
for lease or sale.

On Oct. 6, 2016, the Court entered an order authorizing the
employment of Transwestern Property Company SW Group, LLC as real
estate broker for the Debtor to market the Hospital.  The Debtor
determined that the best manner to maximize value of the Hospital
is to sell the Hospital and related personal property through a
bidding process which will maximize the amount obtained for the
benefit of the estate.  The Secured Lender, which retains a lien on
the Assets contemplated to be sold pursuant to the Motion, agreed
to the sale and reserved the right to credit bid its debt.

On July 7, 2017, the Court entered the Bidding Procedures Order and
scheduled an Auction.  On Oct. 11, 2017, Secured Lender submitted
its credit bid in the amount of $1.9 million, plus $10 for related
Personal Property, as described in the Purchase Agreement and in
accordance with the Bidding Procedures Order.  No Qualified Bids
other than the Credit Bid were received by the Debtor by the
expiration of the bidding deadline.

Subsequently, Secured Lender was deemed the Successful Bidder.
Under the terms of the Bidding Procedures Order, if Secured Lender
is the Successful Bidder, Transwestern will be paid a flat fee of
$40,000 from the funds held in the Debtor's DIP account, to the
extent that said funds exist.

The Debtor determined in the exercise of its sound business
judgment that the Sale would benefit the Debtor and its creditors.
The Debtor prepared a form Real Estate Purchase Agreement under
which, subject to the Auction and subject to Court approval, the
qualified bidder with the highest or otherwise best bid would
purchase the Assets in connection with the Sale.  By the Motion,
the Debtor asks approval of the Purchase Agreement and for the
proposed sale of the Assets to the Successful Bidder, free and
clear of all liens, claims, charges, encumbrances, and interests.
The sale of the Assets to the Successful Bidder is on terms
consistent with those set forth in the Bidding Procedures Order and
the Purchase Agreement.

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

           http://bankrupt.com/misc/RD3J_Ltd_296_Sales.pdf

The Debtor also asks that in accordance with Federal Rules of
Bankruptcy Procedure 6004(h), the Court waives the requirement that
the order approving the sale be stayed for 14 days after the entry
of the Sale Order and authorize that the order be effective and
enforceable immediately upon its entry.

The Purchaser:

          PLAINSCAPITAL BANK
          Attn: Michael F. Cocanougher
          325 N. Saint Paul Street
          Suite 800
          Dallas, TX 75201
          Telephone: (972) 588-3477

The Purchaser is represented by:

          Vicki M. Skaggs, Esq.
          ATLAS, HALL & RODRIGUEZ
          818 Pecan Blvd,
          McAllen, TX 78501
          Telephonee: (956) 632-8252

The Title Company:

          Mariana Ramirez
          EDWARDS ABSTRACTS & TITLE CO.
          4228 N. McColl Road
          McAllen, TX 78504
          Telephone: (956) 682-4951

Edinburg, Texas-based RD3J, Ltd., filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Tex. Case No. 15-70184) on April 6, 2015.
The Hon. Richard S. Schmidt oversees the case.  The Debtor tapped
Antonio Villeda, Esq. -- avilleda@mybusinesslawyer.com -- of The
Villeda Law Group, as bankruptcy counsel, and Jeannette Smith, CPA,
CGMA of Long Chilton, LLP as accountant.


REAL INDUSTRY: Latham, Young Conaway Represent Noteholder Group
---------------------------------------------------------------
The Ad Hoc Noteholder Group filed with the U.S. Bankruptcy Court
for the District of Delaware a verified statement as required
pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
saying that it hired Latham & Watkins LLP and Young Conway Stargatt
& Taylor LLP to represent it in the Chapter 11 bankruptcy cases of
Real Industry, Inc., and its affiliates.

Pursuant to an engagement letter dated Oct. 30, 2017, the Ad Hoc
Noteholder Group engaged Latham to represent them in connection
with the Debtors' restructuring and these Chapter 11 cases.  On
Nov. 1, 2017, Latham engaged Alvarez & Marsal Securities, LLC, to
provide financial advisory services in connection with Latham's
representation of the Ad Hoc Noteholder Group.

Further, pursuant to an engagement letter dated Nov. 17, 2017, the
Ad Hoc Noteholder Group engaged Young Conway to represent them as
Delaware counsel in connection with the Debtors' restructuring and
these Chapter 11 cases.  Other than as disclosed herein, neither
Latham nor Young Conaway currently represent any other entity in
the Chapter 11 cases.

Neither Latham nor Young Conaway represents the Ad Hoc Noteholder
Group as a committee and does not undertake to represent the
interests of, and are not fiduciaries for, any creditor, party in
interest, or other entity that has not engaged Latham and Young
Conaway.

The members of the Ad Hoc Noteholder Group hold disclosable
economic interest, or hold claims against and interest in, or
manage or advise accounts, funds, or investment vehicles holding
claims against and interest in, the Debtors.  In accordance with
Bankruptcy Rule 2019, the name and address of, and the nature and
amount of all "disclosable economic interests" so held by, each
member of the Ad Hoc Noteholder Group or accounts, funds, or
investment vehicles managed or advised by the members.

The members include:

     a. DDJ Capital Management, LLC
        Attn: Beth Duggan
        130 Turner Street
        Building 3, Suite 600
        Waltham, Massachusetts 02453

        Disclosable Economic Interests in the Debtors as of        

        Nov. 22, 2017:

        $110,575,000 -- principal amount of prepetition secured
                        notes

        $20,883,697.21 -- principal amount of DIP secured notes

     b. c/o Osterweis Capital Management
        Attn: Carl Kaufman
        One Maritime Plaza, Suite 800
        San Francisco, California 94111

        Disclosable Economic Interests in the Debtors as of
        Nov. 22, 2017:

        $50,730,000 -- principal amount of prepetition secured
                       notes

        $9,581,098.44 -- principal amount of DIP secured notes

     c. HPS Investment Partners, LLC
        Attn: Du Xu
        40 West 57th Street
        New York, New York 10019

        Disclosable Economic Interests in the Debtors as of
        Nov. 22, 2017:

        $13,360,000 -- principal amount of prepetition secured
                       notes

        $2,523,230.34 -- principal amount of DIP secured notes

     d. Hotchkis & Wiley Capital Management
        Attn: Mark Hudoff
        725 South Figueroa Street, 39th Floor
        Los Angeles, California 90017

        Disclosable Economic Interests in the Debtors as of
        Nov. 22, 2017:

        $25,872,000 -- principal amount of prepetition secured
                       notes

        $4,024,136.89 -- principal amount of DIP secured notes
                         4,710,770 Shares of common stock of Real
                         Industry, Inc.

     e. Southpaw Credit Opportunity Master Fund L.P.
        Attn: Ceki Aluf Medina
        2 West Greenwich Office Park, 1st Floor
        Greenwich, Connecticut 06831

        Disclosable Economic Interests in the Debtors as of
        Nov. 22, 2017:

        $15,820,000 -- principal amount of prepetition secured
                       notes

        $2,987,837.12 -- principal amount of DIP secured notes

The Ad Hoc Noteholder Group assures that Court that neither Latham
nor Young Conaway holds any prepetition claim against or interest
in the Debtors, except to the extent Latham or Young Conaway has
claims against the Debtors for services rendered in connection with
their representation of the Ad Hoc Noteholder Group.

A copy of the Verified Statement is available at:

          http://bankrupt.com/misc/deb17-12464-103.pdf

The Firms can be reached at:

     Michael R. Nestor, Esq.
     Kara Hammond Coyle, Esq.
     YOUNG CONAWAY STARGATT & TAYLOR, LLP
     Rodney Square
     1000 North King Street
     Wilmington, Delaware 19801
     Tel: (302) 571-6600
     Fax: (302) 571-1253

          -- and --

     Richard A. Levy, Esq.
     Jason B. Gott, Esq.
     LATHAM & WATKINS LLP
     330 North Wabash Avenue, Suite 2800
     Chicago, IL 60611
     Tel: (312) 876-7700
     Fax: (312) 993-9767

          -- and --

     Ted A. Dillman, Esq.
     LATHAM & WATKINS LLP
     355 South Grand Avenue, Suite 100
     Los Angeles, CA 90071
     Tel: (213) 485-1234
     Fax: (213) 891-8763

                       About Real Industry

Real Industry, Inc. -- http://www.realindustryinc.com/-- is a
Delaware holding company that operates through its subsidiaries.
Its current business focus is supporting the performance of Real
Alloy, an aluminum recycling company and its single largest
operating business, and to make acquisitions of additional
operating companies.  The company regularly considers acquisitions
of businesses that operate in undervalued industries, as well as
businesses that it believes are in transition or are otherwise
misunderstood by the marketplace.  As a holding company, Real
Industry relies on the operations of its subsidiaries and external
financing sources for its liquidity needs.

Real Industry, Inc., and eight affiliated debtors each filed a
voluntary petition for relief under Chapter 11 of the United States
Bankruptcy Code (Bankr. D. Del. Lead Case No. 17-12464) on Nov. 17,
2017.  The cases are pending before the Honorable Kevin J. Carey.

The Debtors tapped Morrison & Foerster LLP as legal counsel; Saul
Ewing Arnstein & Lehr LLP as co-counsel; Berkeley Research Group,
LLC as financial advisor; Jefferies LLC as investment banker; and
Prime Clerk as administrative advisor.


RENTECH INC: Case Summary & 30 Largest Unsecured Creditors
----------------------------------------------------------
Affiliates that filed voluntary petitions under Chapter 11 of the
Bankruptcy Code:

       Debtor                                    Case No.
       ------                                    --------
       Rentech WP U.S. Inc.                      17-12958
       10880 Wilshire Boulevard, Suite 1101
       Los Angeles, CA 90024

       Rentech, Inc.                             17-12959

Type of Business: Headquartered in Los Angeles, California,
                  Rentech, Inc., owns and operates wood fibre
                  processing and wood pellet production
                  businesses.  

                  Rentech offers a full range of integrated wood
                  fibre services for commercial and industrial
                  customers around the world, including wood
                  chipping services, operations, marketing,
                  trading and vessel loading, through its
                  subsidiary, Fulghum Fibres.  

                  Rentech's industrial wood pellet facilities are
                  designed to produce wood pellets used as fuel
                  for power generation.

                  Rentech owns two wood pellet facilities in
                  Eastern Canada.  In conjunction with these
                  facilities, Rentech secured a long-term
                  arrangement for exclusive priority access at
                  the Port of Quebec for handling, loading and
                  storage of over 1 million tons of pellets
                  annually.  As of the Petition Date, the Debtors
                  have 13 full-time employees.

                  http://www.rentechinc.com/

Chapter 11 Petition Date: December 19, 2017

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

Judge: Hon. Christopher S. Sontchi

Debtors' Counsel: Michael R. Nestor, Esq.
                  Matthew B. Lunn, Esq.
                  YOUNG CONAWAY STARGATT & TAYLOR, LLP
                  Rodney Square
                  1000 North King Street
                  Wilmington, DE 19801
                  Tel: (302) 571-6600
                  Fax: (302) 571-1253
                  E-mail: mnestor@ycst.com
                          mlunn@ycst.com

                        - and -

                  Peter M. Gilhuly, Esq.
                  Kimberly A. Posin, Esq.
                  Adam E. Malatesta, Esq.
                  LATHAM & WATKINS LLP
                  355 South Grand Avenue, Suite 100
                  Los Angeles, California 90071-1560
                  Tel: (213) 485-1234
                  Fax: (213) 891-8763
                  E-mail: Peter.Gilhuly@lw.com
                          Kim.Posin@lw.com
                          Adam.Malatesta@lw.com

Debtors'
Financial
Advisor:          RPA ADVISORS, LLC

Debtors'
Claims &
Noticing
Agent:            PRIME CLERK LLC
                  https://cases.primeclerk.com/rentech

Estimated Assets: $10 million to $50 million

Estimated Debt: $10 million to $50 million

Paul Summers, chief financial officer, signed the petitions.

A full-text copy of Rentech WP U.S. Inc.'s petition is available
for free at:

          http://bankrupt.com/misc/deb17-12958.pdf

List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
QSL                                   Guaranty         $13,505,999

Attn: President or General Counsel
961 Champlain Boulevard
Quebec City, QC G1K 4J9 Canada
Attn: President or General Counsel
Fax: 418‐522‐9761
Email: glemont@qsl.com;
       cgauthier@qsl.com

Trinityrail Canada, Inc.             Litigation         $1,900,000
Attn: President or
General Counsel
W 510131
PO Box 7777
Philadelphia, PA 19175‐0131

Candian National Railway Company     Litigation         $1,200,000
Attn: President or General Counsel
De La Gauchetiere Street West
Montreal, QC H3B 2M9
Canada

Keith B. Forman                    Severance Fee        $1,032,488
5626 Newington Court             & Earned Vacation
Bethesda, MD 20816
Email: kmindc@comcast.net

BDO                                 Professional          $265,000
Attn: Matt Demong                 Services -Audit/
PO Box 642742                          Tax
Pittsburgh, PA 15264‐2473
Tel: 617‐422‐7575
Email: mdemong@bdo.com

Deloitte Tax LLP                    Professional          $208,443
Email:                              Services-Tax
michellecaballes@deloitte.com

Oracle America, Inc.              IT/Communications       $107,956
Email:                           ERP Cloud Services
mohammed.nabiel@oracle.com

Akin Gump Strauss Hauer & Feld LLP  Professional          $100,000
Email: dcronin@akingump.com           Services

Center West                         Rent-Wilshire          $98,448
Email: info@indivest.com        Office(Now Subleasing)

Cigna Health & Life Insurance Co.  Health Insurance        $60,000
Email: david.cordani@cigna.com      Claims-Medical

Nasdaq Corporate Solutions, LLC   Investor Relations-      $44,151
Email: sharon.tan@nasdaq.com     Desktop Exchange Data

Cafarella, Zuleakha                 Earned Vacation        $40,673

Pricewaterhousecoopers, LLP          Professional          $33,540
Email: ngoc.tram.ngo@pwc.com         Services-Tax

Bloomberg Finance L.P.             Finance Expense-        $28,975
Email: mlal10@bloomberg.net            Terminal

Deloitte & Touche, LLP               Professional          $21,650
Email: cegalvez@deloitte.com      Services-Sox Audit

Sirva Relocation LLC              Relocation Service       $17,188
Email: cherita.shaw@sirva.com       (Fulghum Fibres)

Skadden Arps Slate Meagher &     Professional Services     $16,759
Flom                                    Legal
Email: david.reamer@skadden.com

Corn, Dennis                        Earned Vacation        $16,082

KPMG, LLP                        Professional Services     $12,000
Email: aagonzalez@kpmg.com      Economic and Valuation
                                       Services

Amey, Kenneth Christopher          Earned Vacation          $9,433

Seals, Tianna                      Earned Vacation          $5,789

Solium Capital LLC                  Legal Expense           $4,593
Email: ar@solium.com

Delta Dental of CA                Health Insurance          $4,050
                                   Claims-Dental

ADP                               Human Resources-          $3,513
Email: cynthia.granados@adp.com  Payroll & Benefits
                                       Admin.

Computershare                    Investor Relations-        $1,825
                                  Transfer Agent -
                                   Registrar Fees

Thomson Reuters                     Legal Expense           $1,788
Email: bob.farrell@thomsonreuters.com

Bank Of New York Mellon             Legal Expense           $1,275
Email: robert.hough@bnymellon.com

Marketforms LLC                     Legal Expense-            $479
Email: accounting@marketforms.com   Subscription

Channel Marketing Resources Inc.   Investor Relations-        $168
Email:                              Website Update
norm@channelmarketingresources.net

Cheng Jiangchen                       Litigation           Unknown
Email: esams@glancylaw.com


RENTECH INC: Files Voluntary Chapter 11 Bankruptcy Petition
-----------------------------------------------------------
Rentech, Inc., an owner and operator of wood fibre processing and
wood pellet production businesses, on Dec. 19, 2017, disclosed that
it and its subsidiary, Rentech WP U.S. Inc. have filed a voluntary
petition for relief under Chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the
District of Delaware.  The purpose of the bankruptcy filing is to
seek to sell the assets of the Company's Fulghum Fibres and New
England Wood Pellet subsidiaries and facilitate an orderly
wind-down of Rentech Inc.

Fulghum Fibres U.S. and New England Wood Pellet

On December 15, 2017, the subsidiaries of the Company conducting
its Fulghum Fibres business in the U.S., which have not filed for
bankruptcy protection, entered into an Asset Purchase Agreement
with an affiliate of Scott Davis Chip Company, Inc. for the sale of
substantially all of the assets of that business.  The closing of
this transaction is subject to specified closing conditions,
including the approval of the Bankruptcy Court.

On December 18, 2017, the subsidiaries of the Company conducting
its New England Wood Pellet business, which have not filed for
bankruptcy protection, entered into an Asset Purchase Agreement
with Lignetics of New England, Inc., a subsidiary of Lignetics,
Inc., for the sale of substantially all of the assets of that
business.  The closing of this transaction is also subject to
specified closing conditions, including the approval of the
Bankruptcy Court.

The filing of the voluntary petition for relief under Chapter 11 by
Rentech, Inc. and Rentech WP U.S. Inc. is not expected to impact
the ordinary course operations of the Fulghum Fibres or New England
Wood Pellet businesses.

Canadian Operations

On December 15, 2017, the subsidiary of the Company that owns the
Atikokan Facility entered into an Asset Purchase Agreement with
2607043 Ontario Inc., an affiliate of True North Timber, a forest
resources company, for the going-concern purchase of substantially
all of the assets of the Atikokan operations.

The Wawa Facility located in Wawa, Ontario remains idle.  The
corporate owner of the Wawa Facility, RTK WP Canada, ULC, has
applied to the Ontario Superior Court of Justice for the
appointment of a receiver and manager, to facilitate the sale or
liquidation of the Wawa Facility.  The appointment of a receiver
and manager to sell or liquidate the Wawa Facility is not expected
to impact the ordinary course operations of the Atikokan Facility.

Current Secured Debt Position; Additional Information

As of November 30, 2017 on a consolidated basis, the Company has
approximately $65.3 million of secured debt.  Based on the sales
prices currently anticipated for the Fulghum Fibres U.S. and New
England Wood Pellet businesses and the Atikokan Facility, it is not
presently expected that any proceeds from these transactions will
be available for distribution to stockholders of the Company.

Further information regarding the Fulghum U.S., New England Wood
Pellet and Atikokan transactions and related matters will be
available in a Form 8-K filed with the Securities and Exchange
Commission.

                      About Rentech, Inc.

Wash.-based Rentech, Inc., is a renewable energy company that
specializes in the processing and manufacturing of wood fibre and
nitrogen fertilizer.  The Company specializes in the production and
utilization of wood fibre into various high value products, such as
wood pellets and wood chips.  The Company also manufactures
nitrogen fertilizers.


ROCKY MOUNTAIN: Signs Manufacturing Deal with Mexico's CBD
----------------------------------------------------------
Rocky Mountain High Brands, Inc., entered into a three-year Master
Manufacturer Agreement with CBD Alimentos SA de CV, a Mexican food
and beverage distributor on Dec. 4, 2017.  Under the Agreement, CBD
will be the Company's exclusive distributor in Mexico of all of its
energy and soft drinks with hemp seed oil and hemp seed extract.
In turn, Rocky Mountain will be CBD's exclusive supplier of those
products.  For the exclusivity to remain effective through 2018,
the Company must supply, and CBD must purchase, at least 16,000,000
cans.  Volume requirements for 2019 will be negotiated.  The
beverages supplied to CBD will be private label products made to
order for CBD, and the Company will cooperate on laboratory and
taste-testing of each batch of beverages at the copacking facility.
CBD's initial purchase order will be at least 8,000,000 cans, with
a 50% deposit on all orders to be segregated into a separate
operating account established and maintained by the Company.  CBD
will maintain a positive cash balance in the account at all times.
The Company will have full unilateral authority to disburse funds
from the account to vendors, suppliers, copackers and the Company
solely for the purposes of production and the Company's margin on
the sale.

A full-text copy of the Master Manufacturer Agreement is available
for free at https://is.gd/Vj52Tx
  
                      About Rocky Mountain

Dallas, Texas-based Rocky Mountain High Brands, Inc. (OTCMKTS:RMHB)
is a consumer goods brand development company specializing in
developing, manufacturing, marketing, and distributing hemp-infused
food and beverage products and spring water.  The Company currently
markets a lineup of five hemp-infused beverages.  RMHB is also
researching the development of a lineup of products containing
Cannabidiol (CBD).  The Company's intention is to be on the cutting
edge of the use of CBD in consumer products while complying with
all state and federal laws and regulations.

Rocky Mountain reported a net loss of $9.27 million for the year
ended June 30, 2017, following net income of $2.32 million for the
year ended June 30, 2016.  As of Sept. 30, 2017, Rocky Mountain had
$1.04 million in total assets, $7.49 million in total liabilities,
all current, and a total shareholders' deficit of $6.44 million.

Paritz & Company, P.A., in Hackensack, New Jersey, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended June 30, 2017, noting that the
Company has a shareholders' deficit of $7.304 million, an
accumulated deficit of $26.15 million at June 30, 2017, and has
generated operating losses since inception.  These factors, among
others, raise substantial doubt about the ability of the Company to
continue as a going concern.


SEMIRA AHMED HUSSIEN: U.S. Trustee Appoints Patricia Hunter as PCO
------------------------------------------------------------------
Gail Brehm Geiger, Acting U.S. Trustee for Region 18, notified the
U.S. Bankruptcy Court for the Western District of Washington that
Patricia Hunter was appointed the Patient Care Ombudsman in the
chapter 11 case of Semira Ahmed Hussien.

Ms. Hunter's contact information is:

     Patricia Hunter
     Washington State Long-Term Care Ombudsman
     Multi-Service Center
     PO Box 23699
     Federal Way, WA 98093
     (253) 838-6810 Ext 174
     stateombuds@multi-servicecenter.com

Semira Ahmed Hussien filed for Chapter 11 bankruptcy protection
(Bankr. W.D. Wash. Case No. 17-14845) on Nov. 2, 2017, and is
represented by Emily A. Jarvis, Esq. of Wells and Jarvis, P.S.
                         




SENTRIX PHARMACY: Hires Ver Ploeg as Special Insurance Counsel
--------------------------------------------------------------
Sentrix Pharmacy and Discount, LLC, seeks authority from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Jason S. Mazer and Ver Ploeg & Lumpkin, P.A. as special insurance
counsel.

Prior to the bankruptcy filing, the Debtor was in administrative
litigation with the Texas Division of Workers Compensation, Benefit
Review Conference and State Office of Administrative Hearings
(Texas OAH) with regard to the denial by certain insurers of
Debtor's claims for reimbursement of pharmacy charges for
medication provided to the insurance companies' insured members.
The Debtor seeks to retain Ver Ploeg as special insurance counsel
to assist the Debtor with the prosecution and resolution of the
Texas OAH administrative litigation.

Ver Ploeg will be paid a contingency fee of 40% on any gross
recovery for any of the Texas OAH Claims.

Jason S. Mazer, Esq. attests that neither he nor the firm hold or
represent any interest adverse to the estate, and they are
disinterested persons ad required by 11 U.S.C. Sec. 327(a).

Ver Ploeg can be reached through:

     JASON S. MAZER
     Ver Ploeg & Lumpkin, P.A.
     100 S.E. Second Street, 30th Floor
     Miami, FL 33131
     Phone: 305-577-3996
     Fax: 305-577-3558
     Email: jmazer@vpl-law.com

                About Sentrix Pharmacy and Discount

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.


STEMTECH INTERNATIONAL: Committee Seeks Chapter 7 Conversion
------------------------------------------------------------
The Official Committee of Unsecured Creditors of Stemtech
International, Inc., filed a motion asking the U.S. Bankruptcy
Court for the Middle District of Florida to convert Debtor
Stemtech's chapter 11 case to a case under chapter 7, or
alternatively, to appoint a chapter 11 trustee to manage the
affairs of the Debtor in the chapter 11 case.

The Committee submits that the Debtor's management has failed to
exhibit the minimal level of competence needed to manage the
Debtor's affairs or the chapter 11 process in an effective and
efficient manner for the benefit of the general unsecured
creditors. The management's incompetence has led to an untenable
situation that has crippled the Debtor's prospects for
reorganization and resulted in the loss of significant value that
should have been captured in the Debtor's estate. The harm caused
by the totality of the management's poor decisions and consistent
failure of its business plan for more ten months together to
demonstrate that all parties in interest will be served by
conversion of the Debtor's chapter 11 case to a case under chapter
7.

Cause exists to convert the Debtor's chapter 11 case to a case
under chapter 7 because the Debtor's management has failed to use
the entire period of the Debtor's bankruptcy case to steer the
Debtor towards a successful reorganization. The loss of estate
value caused by the management's financial and operational
mismanagement establishes that the current management is incapable
of managing the Debtor's affairs for the benefit of the estate and
the Debtor's creditors. Here, the Debtor's management is destroying
any remaining value, if any, available to the general unsecured
creditors.

Further, the Debtor's current management is making the Debtor into
a mere shell of its former self which is increasingly harming the
general unsecured creditors. The financial and operational bleeding
must stop now. The failure of management to recognize, let alone
fulfill, the fiduciary obligations owed by the Debtor to all of its
creditors provides ample cause to convert the chapter 11 case to
chapter 7.

The gross mismanagement of the Debtor to date clearly provides
cause to convert the Debtor's chapter 11 case to a case under
chapter 7, and such conversion is in the best interest of the
creditors of the estate. Nevertheless, the Committee recognizes
that, even given the Debtor's dire financial situation, if a "white
knight" investor appears prior to the adjudication of this motion
by the court and is willing to serve as a plan funder, then there
might exist the possibility of confirming a plan that provides
meaningful distribution to the general unsecured creditors.
Accordingly, if such circumstances come to pass and an investor
appears prior to the adjudication of this motion that is willing to
invest in the Debtor, the Committee asks the Court to appoint a
chapter 11 trustee to oversee the plan process on behalf of the
Debtor.

A full-text copy of the Committee's Motion is available at:

     http://bankrupt.com/misc/flsb17-11380-210.pdf

Counsel for the Official Committee of Unsecured Creditors:

     Christopher A. Jarvinen
     Florida Bar No.  021745
     Paul Steven Singerman
     Florida Bar No. 378860
     140 Brickell Avenue, Suite 1900
     Miami, FL 33131
     Telephone: (305) 755-9500
     Facsimile: (305) 714-4340
     cjarvinen@bergersingerman.com
     singerman@bergersingerman.com

                 About Stemtech International

Stemtech International, Inc., is a holding company with assets
comprising intellectual property, a leasehold interest, and direct
and indirect equity interests in several subsidiaries operating
both domestically and internationally.  It filed a Chapter 11
bankruptcy petition (Bankr. S.D. Fla. Case No. 17-11380) on Feb. 2,
2017, estimating $1 million to $10 million in assets and
liabilities.  The petition was signed by Ray C. Carter, its chief
executive officer.

The Hon. Raymond B. Ray presides over the case.

The Debtor tapped Seese, P.A., as counsel; and GlassRatner Advisory
& Capital Group, LLC, as its financial advisor.

Guy Gebhardt, acting U.S. Trustee for Region 21, on Feb. 22, 2017,
appointed three creditors of Stemtech International, Inc., to serve
on the official committee of unsecured creditors. The committee
members are (1) Wilhelm Keller; (2) Greg Newman; and (3) Andrew P.
Leonard.  The Committee retained Paul Steven Singerman, Esq., at
Berger Singerman LLP as counsel.


STERLING CAPITAL: Fitch Affirms BB Trust Pref. Securities Rating
----------------------------------------------------------------
Fitch Ratings has affirmed Umpqua Holdings Corporation's (UMPQ)
long- and short-term Issuer Default Ratings (IDRs) at 'BBB+'/'F2'.
The Rating Outlook remains Stable. The affirmation reflects the
company's strong asset quality, good capital levels, and solid
deposit franchise in its core markets.

The rating action follows a periodic review of the mid-tier
regional banking group, which includes BankUnited, Inc. (BKU), BOK
Financial Corp. (BOKF), Cathay General Bancorp (CATY), East West
Bancorp, Inc. (EWBC), First Horizon National Corporation (FHN),
First National of Nebraska, Inc. (FNNI), Fulton Financial
Corporation (FULT), Hilltop Holdings Inc. (HTH), Synovus Financial
Corp. (SNV), Trustmark Corporation (TMRK), UMB Financial Corp.
(UMBF), Umpqua Holdings Corporation (UMPQ) and Wintrust Financial
Corporation (WTFC).

KEY RATING DRIVERS
IDRs and VR

UMPQ's ratings are supported by the company's solid franchise in
its core markets, sound capital metrics, good liquidity and funding
profile, and strong asset quality metrics. Asset quality is
supported by the company's sound underwriting standards and
management's focus on diversification and balanced growth in the
loan portfolio.

UMPQ's ratings remain constrained by its earnings profile, which
remains somewhat volatile relative to peers due to the company's
relatively limited non-interest income businesses and its higher
proportion of mortgage banking income, which is a seasonal and
cyclical business. The company's core profitability, as measured by
return on average assets (ROA), continues to fall slightly short of
1% and the peer median.

Positively, Fitch believes management has laid out credible plans
to address these earnings issues by focusing on efficiency gains,
digital initiatives, exiting indirect auto lending, and increasing
its non-interest income, primarily through growth in its larger
commercial client segment. Management is targeting at least 1.1%
ROA by 2020 in a flat rate environment, which Fitch views as
reasonable and achievable.

UMPQ's asset quality metrics remains amongst the best in the
mid-tier regional bank peer group. Fitch views this as a product of
the company's solid underwriting practices in its core lending
segments, proactive resolution of problem credits, sound risk
controls framework, and the benign credit environment. As of the
third quarter of 2017 (3Q17), non-performing loans (including
accruing troubled debt restructurings) stood at 0.65%, a modest
uptick from a year ago, while net charge-offs in 2017 have been 21
bps of average loans, in line with peer averages and quite stable
from prior periods. The rating action incorporates the view that
asset quality will deteriorate moderately from current levels,
given Fitch's view that asset quality at U.S. banks is at
unsustainably good levels. Over time, Fitch believes UMPQ's credit
metrics will perform somewhat better than peer averages due to the
company's strong underwriting track record in its residential
mortgage, multifamily and commercial real estate portfolios.

Fitch continues to view the company's outsized growth in
construction, home equity, and leasing somewhat cautiously, though
the overall level of loan growth is slightly below the peer median
at a reasonable 6% year-over-year at 3Q17. Fitch views favorably
the company's decision to exit the indirect auto lending business
given the highly competitive environment in this segment, though
credit performance for UMPQ's indirect auto portfolio remains
strong. While the exit of indirect auto will be a modest growth
headwind, Fitch continues to expect mid-to-high single digit
overall loan growth at UMPQ, driven by its commercial,
construction, leasing, and home equity segments.

UMPQ's capital position remains solid for its risk appetite and is
supportive of the company's rating level. UMPQ's common equity tier
1 ratio (CET1) of 11.1% is roughly in line with the peer group
median and has been relatively stable over the past year. Fitch
notes the company's management of capital has been conservative
over a long period of time and expects capital levels to remain at
or modestly below current levels. While the company's dividend
payout ratio at 60% or more is high, Fitch views this as manageable
in the context of the lack of stock buybacks and UMPQ's overall
solid financial profile.

Fitch views UMPQ's funding and liquidity profile as a strength,
supported by its strong deposit franchise in Oregon, where it has
10.2% market share, along with solid positions in parts of
Washington and northern California. This position and the company's
sizable retail deposit base have allowed the company to maintain
below peer average deposit costs over time, along with a low
reliance on wholesale funding sources. This should position the
bank well for a rising rate environment, especially given its solid
position in more isolated, rural markets.

Fitch believes this advantageous funding position is largely a
product of management's successful implementation of a
customer-oriented corporate culture and its unique branch strategy.
Additionally, Fitch believes the company is ahead of many peers in
developing its digital platforms, which will continue to benefit
UMPQ's franchise moving forward.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

UMPQ's trust preferred securities are notched two times below its
VR for loss severity and two times for non-performance. These
ratings are in accordance with Fitch's criteria and assessment of
the instruments non-performance and loss severity risk profiles and
have thus been affirmed due to the affirmation of the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The uninsured deposit ratings of Umpqua Bank are rated one notch
higher than the bank's IDR and senior unsecured debt because U.S.
uninsured deposits benefit from depositor preference. U.S.
depositor preference gives deposit liabilities superior recovery
prospects in the event of default.

HOLDING COMPANY

UMPQ's VR is equalized with those of its operating companies and
banks, reflecting its role as the bank holding company, which is
mandated in the U.S. to act as a source of strength for its bank
subsidiaries. Ratings are also equalized reflecting the very close
correlation between holding company and subsidiary failure and
default probabilities.

SUPPORT RATING AND SUPPORT RATING FLOOR

UMPQ has a Support Rating (SR) of '5' and Support Rating Floor
(SRF) of 'NF'. In Fitch's view, the probability of support is
unlikely. IDRs and VRs do not incorporate any support.

RATING SENSITIVITIES
IDRs, VRs, AND SENIOR DEBT

Fitch believes UMPQ's ratings are currently at the higher end of
their potential range and that positive rating momentum is unlikely
within the Rating Outlook horizon. Over the longer term, UMPQ's
ratings could gain positive momentum if the bank builds a more
diverse fee income base and achieves a level of earnings more in
line with higher rated peers while maintaining capital levels and
credit metrics ahead of the peer group average.

UMPQ's ratings are supported by its strong asset quality metrics
and good capital levels relative to peers. If asset quality metrics
were to decline below peer averages or if Fitch observes weakening
underwriting standards in pursuit of growth targets, negative
rating pressure would likely occur. While not expected, should UMPQ
manage capital more aggressively, such that its CET1 Ratio falls
towards the bottom of its peer group or if earnings performance
over time is materially worse than the peer group average, negative
rating momentum could develop.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

The ratings for UMPQ and its operating companies' trust preferred
securities are sensitive to any change to the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The long- and short-term deposit ratings are sensitive to any
change to UMPQ's long- and short-term IDR.

HOLDING COMPANY

Should UMPQ's holding company begin to exhibit signs of weakness,
demonstrate trouble accessing the capital markets, or have
inadequate cash flow coverage to meet near-term obligations, there
is potential that Fitch could notch the holding company VR from the
ratings of the operating companies.

SUPPORT RATING AND SUPPORT RATING FLOOR

Since UMPQ's Support and Support Rating Floors are '5' and 'NF',
respectively, there is limited likelihood that these ratings will
change over the foreseeable future.

Fitch has affirmed the following ratings:

Umpqua Holdings Corporation
-- Long-term IDR 'BBB+'; Outlook Stable
-- Short-term IDR 'F2';
-- Viability Rating 'bbb+';
-- Support '5';
-- Support Rating Floor 'NF'.

Umpqua Bank
-- Long-term IDR 'BBB+'; Outlook Stable
-- Short-term IDR 'F2';
-- Viability Rating 'bbb+';
-- Long-term deposits 'A-';
-- Short-term deposits 'F2';
-- Support '5';
-- Support Rating Floor 'NF'.

Umpqua Statutory Trust II - V
-- Trust preferred securities 'BB'.

Umpqua Master Trust I and IB
-- Trust preferred securities 'BB'.

Sterling Capital Trust III - IV and VI - IX
Sterling Capital Statutory Trust V
-- Trust preferred securities 'BB'.

Lynnwood Financial Statutory Trust I and II
-- Trust preferred securities 'BB'.

Klamath First Capital Trust I
-- Trust preferred securities 'BB'.

HB Capital Trust I
Humboldt Bancorp Statutory Trust I - III
-- Trust preferred securities 'BB'.

CIB Capital Trust
-- Trust preferred securities 'BB'.

Western Sierra Statutory Trust I - IV
-- Trust preferred securities 'BB'.


STONE OAK: Payment to Lucas County Upped $632 Per Month
-------------------------------------------------------
Stone Oak Investments, LLC, filed with the U.S. Bankruptcy Court
for the District of Ohio an Amended Disclosure Statement in
relation to its Plan of Reorganization.

Under the Amended Disclosure Statement, the secured claim of Lucas
County Treasurer will be paid $632.70 per month over a period not
to exceed five years.  The amount to be paid constitute the present
value of the county's claim based upon a fixed annual interest rate
of 12.00%.  The original Disclosure Statement proposed to pay the
county $536.75, which amount constituted the present value of the
county's claim based upon a fixed annual interest rate of 5.00%.

The Debtor's Plan of Reorganization proposes to pay creditors from
cash infusions of capital from the Debtor's principal, Bonnie Sue
Ostrander. Based on this proposal, the Debtor has obtained an order
from the Court allowing it to establish a special account under
Bankruptcy Rule 3020 for the purpose of partially implementing this
Plan. At the time of the filing of the Disclosure Statement, this
account had or will have more or less a balance of $11,283.00, with
all the funds coming from Ms. Ostrander.

The Debtor's sole tangible assets consist of a parcel of real
property located at 9136 Angola Road, Holland, Ohio. The Debtor
recently obtained an appraisal for this Property showing that it
has a value of $13,000, which appraisal was obtained subsequent to
the removal of a canopy that had originally been erected as part of
a special use zoning variance as a point of distribution for diesel
fuel as part of the adjacent property. At this time, no income is
derived from the Property. The Debtor believes, however, that the
Property may, in the future, realize income based upon the
property's adjacency to an entity operating a gas
station/convenience store which must utilize the Property for
drainage purposes. For this purpose, the Debtor listed in its
bankruptcy schedules a potential claim against this entity for
trespass.

To the extent Ms. Ostrander Debtor retains her equity interest, she
intends to pursue the Trespass Claim and the revenue derived
therefrom will enable the Debtor, after the consummation of the
Plan, to become an operating entity with income.

Class Two consists of the secured Claim of Piggot, LTD for a
mortgage against the Debtor's Property in the amount of $72,497.25.
In the proposed Plan, the Claim of Pigott will be treated as a
fully unsecured claim.

Farmers and Merchants State Bank also holds a mortgage against the
Debtor's Property. Under the Plan, the Debtor classified the claim
of Farmers and Merchants under Class three. Pursuant to a judgment
entered by the Lucas County Court of Common Pleas in Case Number
TF2013014444 on November 13, 2014, the Court made a finding, with
respect to the Mortgage, that the claim of Piggot, LTD in the
Debtor's Property was superior in right to that of the Mortgage
claim by Farmers and Merchants. Since no proof of claim had been
filed by Farmers and Merchants, this claim will be treated as a
fully unsecured claim

Columbia Gas of Ohio also filed a general unsecured claim in the
amount of $399.61. This claim arose as part of the Debtor being
utilized as a management company for assets held by Ms. Ostrander
-- such Property was never in the name of the Debtor. In addition,
Mr. Ostrander asserts that she has since paid the claim and if this
claim is not withdrawn, the Debtor will object to the same.

The Debtor anticipates that the claims of Farmers and Merchants and
Columbia Gas will not be allowed claims, and thus will not be
entitled to receive a distribution under the Debtor's proposed
Plan.

In the Plan, Class Four consists of all general unsecured claims
against the Debtor. Claimants under Class Four will be entitled to
receive, based upon the amount of their allowed unsecured claim, a
pro-rata distribution as follows:

     (a) $14,791, representing the liquidation value of the Debtor;
and

     (b) the amount of the Capital Contribution made under Class
Five of the Plan.

The Plan provides that distributions will occur as follows:

     (A) Distribution from the Special Account ($11,283) and on
account of the Capital Contribution ($1,000) will be made, pro-rata
on allowed unsecured claims, on the later of the following dates:
on the fifth day of the month following the date on which all
claims filed by the Bar Date become allowed claims or on the fifth
day of the month following the Effective Date of the Plan.

     (B) The remaining amount to be disbursed, estimated to be
$2,508, will be disbursed, prorate on allowed unsecured claims, and
will be made over a period of one year, in 12 equal monthly
payments. All claimants holding allowed unsecured claims in this
Class are impaired, and are entitled to vote on the proposed Plan.

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

             http://bankrupt.com/misc/ohnb17-31741-52.pdf

                About Stone Oak Investment LLC

The Debtor is an Ohio Limited Liability Company. Its sole member is
Ms. Ostrander who is also the sole manager of the Debtor. Ms.
Ostrander does not receive any compensation from the Debtor.

Stone Oak Investment, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Ohio Case No. 17-31741) on June 1, 2017. The petition
was signed by Bonnie Ostrander, managing member. The Debtor is
represented by Eric R. Neuman, Esq., at Diller and Rice. At the
time of filing, the Debtor had $100,000 to $500,000 in estimated
assets and $50,000 to $100,000 in estimated liabilities.


SUNIVA INC: Needs Time to Conclude Trade Case & File Exit Plan
--------------------------------------------------------------
Suniva Inc. asks the U.S. Bankruptcy Court for the District of
Delaware to extend its exclusive periods to file and solicit
acceptances for a chapter 11 plan by 90 days, through and including
March 13 and May 12, 2018, respectively, without prejudice to seek
further extensions of the Exclusive Periods.

If an objection is properly filed on or before December 27, 2017, a
hearing on the Motion will be held before on January 16, 2018 at
11:00 a.m.

On May 19, 2017, the Court entered a final order approving and
authorizing the Debtor to obtain postpetition financing from two
lenders.  The DIP Financing provided the Debtor with the necessary
liquidity to evaluate and pursue its options for reorganization,
including, a petition the Debtor filed with the United States
International Trade Commission ("USITC") under section 201 of the
Trade Act of 1974.

As a result of filing the Section 201 petition on April 26, 2017
("Trade Case") and completing other related tasks, the USITC
formally initiated proceedings under Section 201 on May 23.
Thereafter, on September 22, the USITC issued a unanimous decision
determining that increased imports of crystalline silicon
photovoltaic cells into the United States have caused serious
injury to the domestic solar industry.

As a result of the favorable Injury Determination, the USITC
proceeded to the remedy phase of the Trade Case and held a public
hearing on October 3. It submitted its remedy recommendation to the
President of the United States on November 13.  Subsequently, the
Office of the United States Trade Representative requested briefing
and a held hearing on the Trade Case. It is expected that the
President's decision in the Trade Case will occur in mid-to-late
January 2018.

However, the Exclusive Periods will expire before the President is
expected to issue his decision. Accordingly, the Debtor submits
that a 90-day extension of the Exclusive Periods is necessary to
extend the time in which the Debtor may file a plan and solicit
acceptances thereof after receiving notice of the President's
decision in the Trade Case.

In addition to the Section 201 process, the Debtor and its
professionals have, among other things, negotiated and documented
an amendment to the DIP Financing, which DIP Amendment was approved
by order of the Court on October 13, 2017. The DIP Amendment
provided for an increase of $3,001,398 to the original DIP
Financing for a total aggregate commitment of all DIP Lenders in
the amount of $8,301,398. The DIP Amendment funds are governed by a
budget covering the period from October 16, 2017 through and
including December 31 thereby permitting the Debtor to continue
prosecuting the Trade Case and pay administrative expenses of the
estate through year end.

In addition to the efforts concerning the DIP Amendment, the Debtor
also devoted a significant amount of time to (a) defending against
a class action complaint brought by former employees of the Debtor
who assert that the Debtor violated the WARN Act; (b) negotiating
with purported secured creditors regarding the disposition of their
collateral, including conflicting claims thereto; and (c)
responding to information requests from the Debtor's DIP Lenders
and the Committee.

Considering the Debtor's progress thus far, and considering the
forthcoming conclusion to the Trade Case, the Debtor believes that
the concerns embodied by this factor are adequately addressed and
that this factor therefore weighs in favor of extending the
Exclusive Periods. Indeed, any bankruptcy plan that the Debtor may
propose will be based upon the outcome of the Trade Case, and that
process is not yet complete. Moreover, the Debtor firmly believes
that it remains in the best position to propose and confirm a
chapter 11 plan and that granting an extension of the Exclusive
Periods will facilitate the Debtor's efforts toward that goal.

The Debtor submits that granting of the extensions of the Exclusive
Periods will maintain an environment where the Debtor and its
creditors can work together toward the common goal of confirming
either a plan of reorganization or a plan of liquidation. The
Debtor and its professionals have consistently conferred with
various constituencies on all major substantive and administrative
matters in the Debtor's Chapter 11 Case, often altering its
position in deference to the views of the Committee, its secured
creditors, its postpetition lenders, the United States Trustee, and
other parties in interest. The Debtor assures the Court that it has
no intention of discontinuing these dialogues if the requested
extension is granted.

                        About Suniva, Inc.

Founded in 2007 by Dr. Ajeet Rohatgi, Suniva, Inc. --
http://www.suniva.com/-- is a manufacturer of PV solar cells with
manufacturing facilities at its metro-Atlanta, Georgia headquarters
as well as in Saginaw, Michigan.

Impacted by Chinese manufacturers who are able to flood the U.S.
market for solar cells and modules with cheap imports, Suniva,
Inc., filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Case No. 17-10837) on April 7,
2017.  Suniva estimated $10 million to $50 million in assets and
$100 million to $500 million in debt.

The Hon. Kevin Gross is the case judge.

Kilpatrick, Townsend & Stockton LLP is serving as general counsel
to the Debtor. Potter Anderson & Corroon LLP is serving as Delaware
counsel, with the engagement led by Stephen R. McNeill, Jeremy
William Ryan.  Garden City Group, LLC, is the claims and noticing
agent.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on April 27,
2017, appointed five creditors of Suniva, Inc., to serve on the
official committee of unsecured creditors.  The Committee tapped
Seward & Kissel LLP as counsel, Morris, Nichols, Arsht & Tunnell
LLP as co-counsel, and Emerald Capital Advisors as financial
advisors.


SYNOVUS FINANCIAL: Fitch Affirms 'B' Preferred Stock Rating
-----------------------------------------------------------
Fitch Ratings has affirmed Synovus Financial Corporation's (SNV)
Long- and Short-term Issuer Default Ratings (IDRs) at 'BBB-'/'F3'.
The Rating Outlook has been revised to Positive from Stable. The
affirmation reflects the company's solid franchise in its core
markets, good liquidity and funding profile, and improving
profitability and asset quality.

The rating action follows a periodic review of the midtier regional
banking group, which includes BankUnited, Inc. (BKU), BOK Financial
Corp. (BOKF), Cathay General Bancorp (CATY), East West Bancorp,
Inc. (EWBC), First Horizon National Corporation (FHN), First
National of Nebraska, Inc. (FNNI), Fulton Financial Corporation
(FULT), Hilltop Holdings Inc. (HTH), Synovus Financial Corp. (SNV),
Trustmark Corporation (TMRK), UMB Financial Corp. (UMBF), Umpqua
Holdings Corporation (UMPQ) and Wintrust Financial Corporation
(WTFC).

KEY RATING DRIVERS
IDRs, VR, AND SENIOR DEBT

The affirmation of SNV's ratings reflects the company's solid
market position in Georgia and Alabama, where it ranks 4th and 5th
in deposit market share, respectively, and raises nearly 75% of its
total funding. The ratings also reflect SNV's relatively high
commercial real estate concentration and its below peer average
capital levels.

The revision of the Outlook to Positive from Stable reflects the
company's improving asset quality and earnings, which have
benefited from several strategic initiatives along with the
favorable credit and interest rate environments. Fitch believes
that over time, improvements in SNV's earnings profile, which has
been near peer averages in 2017, could warrant a higher rating
level should momentum continue and drive earnings above peer levels
combined with asset quality metrics remaining in line with peer
averages.

During the third quarter of 2017 (3Q17), SNV completed the
acquisition of certain assets and liabilities of World's Foremost
Bank (WFB) and simultaneously sold the credit card assets and
related liabilities acquired to Capital One Bank. SNV retained $1.1
billion of brokered time deposits at a slightly discounted rate to
market and received a $75 million fee as a part of the transaction.
Fitch views this transaction as financially driven, as opposed to
strategic, though the fee allowed SNV to take several actions,
which Fitch views favorably.

Also in 3Q17, SNV undertook several balance sheet actions to reduce
expenses and problem assets, which resulted in one-time costs. The
company transferred $78 million of non-performing loans to held for
sale, accelerated the disposal of some repossessed real estate, and
repositioned some securities investments, along with several
smaller actions. In 4Q17, the company anticipates a $25 million
charge related to early debt extinguishment. Collectively, these
actions will utilize most of the $75 million fee from the WFB
transaction, though in Fitch's view SNV will be in a stronger
position, with lower problem asset levels and reduced operating
costs.

SNV's asset quality has continued to improve during 2017, in part
due to the aforementioned actions along with incremental progress
in working down problem assets. Fitch calculates SNV's
nonperforming assets including accruing troubled debt
restructurings (NPAs) at 1.07% at 3Q17, improved from 1.59% at 3Q16
and 1.95% at year-end 2015. SNV's level of NPAs is now slightly
stronger than the mid-tier peer group average, having historically
trailed the peer group post-crisis.

Fitch notes this improvement in asset quality has come with limited
net charge-offs (NCOs), excluding some NCOs taken as a part of the
balance sheet restructuring activity in 3Q17. Fitch believes SNV's
concentration in commercial real estate (CRE) loans makes the
company somewhat more vulnerable than peers to an idiosyncratic
shock in this asset class. SNV's CRE excluding owner-occupied CRE
was 2.6x common equity Tier 1 (CET1) capital at 3Q17, or 4.4x CET1
including owner-occupied CRE.

SNV's earnings have continued to show improvement due to benefits
from efficiency initiatives by management along with the benign
credit environment and rising interest rates. SNV has seen more
benefit than peers from rising interest rates to date, with the net
interest margin (NIM) at 3.63% in 3Q17, a 36 basis point (bps)
increase year-over-year. This, combined with nearly 400bps of
year-over-year efficiency ratio improvement, has driven SNV's
return on average assets (ROAA) to roughly 1%, in line with the
peer group average. Fitch believes SNV's earnings will benefit from
further interest rate increases due to its granular deposit base
with nearly 47% of deposits in core checking accounts. Management
continues to focus on further technology, business, and expense
initiatives, which could lead to further gains in the company's
efficiency ratio.

Fitch views this trend of earnings improvement positively, though
it has come within the context of historically low credit costs and
significant growth in the company's consumer lending partnerships
(up 16% year-over-year), which are untested through a credit cycle.
Fitch believes moving forward that growth in this business will
moderate. Fitch also notes that fee income accounts for only 21% of
revenue for SNV, which is below peer averages and makes SNV more
reliant on the interest rate cycle for earnings momentum. Despite
these constraints, should Fitch observe core earnings above peer
averages with stable asset quality and capital levels, SNV's rating
could be upgraded one notch.

Fitch believes SNV's capital levels are adequate in the context of
its risk profile and rating level. The company's transitional CET1
ratio of 10.1% is roughly flat from a year ago and remains on the
lower end of the peer group. Fitch believes SNV will continue to
return capital to shareholders while pursuing organic loan growth,
though capital ratios are expected to only modestly decline from
current levels.

Fitch notes that SNV had roughly $272 million of deferred tax
assets (DTA) on its balance sheet as of 3Q17, of which $90 million
is disallowed for the purposes of calculating CET1. If the
corporate tax rate were lowered, this DTA position would result in
a one-time charge against earnings. Over several quarters, the
company would earn this charge back through a lower overall tax
rate, and ultimately tax reform would be beneficial for SNV.

SNV's liquidity and funding profile remains supportive of the
rating level, with the loan to deposit ratio at 94% at 3Q17. Fitch
also notes the company's wholesale funding levels are lower than
the peer group average, as SNV has made significant progress over
time in improving its funding mix. SNV continues to have strong
market presence, particularly in rural markets of southwest Georgia
and eastern Alabama. This could have a net positive impact on
funding costs and on the company's bottom line over time if it is
able to successfully lag deposit pricing in those more isolated
markets where it has dominant market share in a rising rate
environment.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

SNV's subordinated debt is notched one level below its VR for loss
severity. SNV's preferred stock is notched five levels below its
VR, two times for loss severity and three times for
non-performance. These ratings are in accordance with Fitch's
criteria and assessment of the instruments non-performance and loss
severity risk profiles and have thus been affirmed due to the
affirmation of the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The uninsured deposit ratings of Synovus Bank are rated one notch
higher than the bank's IDR and senior unsecured debt because U.S.
uninsured deposits benefit from depositor preference. U.S.
depositor preference gives deposit liabilities superior recovery
prospects in the event of default.

HOLDING COMPANY

SNV's VR is equalized with those of its operating companies and
banks, reflecting its role as the bank holding company, which is
mandated in the U.S. to act as a source of strength for its bank
subsidiaries. Ratings are also equalized reflecting the very close
correlation between holding company and subsidiary failure and
default probabilities.

SUPPORT RATING AND SUPPORT RATING FLOOR

SNV has a Support Rating (SR) of '5' and Support Rating Floor (SRF)
of 'NF'. In Fitch's view, the probability of support is unlikely.
IDRs and VRs do not incorporate any support.

RATING SENSITIVITIES
IDRs, VR, AND SENIOR DEBT

As reflected by the Positive Outlook, Fitch believes there could be
upside to the company's ratings in the context of SNV's solid
franchise and deposit funding profile. In recent quarters, SNV's
earnings have been roughly in line with peer averages due to
improvement in efficiency and NIM. Should earnings stabilize above
peer averages while net charge-offs and asset quality also remain
in line with peer averages, there could be upward rating momentum
provided capital levels are maintained within Fitch's
expectations.

Fitch believes SNV may consider merger and acquisition (M&A)
opportunities in order to build out its franchise and potentially
gain further operating efficiencies. Should it occur, Fitch expects
SNV's M&A activity to be absorbed effectively, reasonable in size,
in geography and within the bank's core competencies. Should SNV
partake in M&A activity that does not fit these attributes and/or
results in earnings and capital metrics that are not commensurate
with its rating level or pose integration risks, Fitch could take
negative rating action. Sizable whole bank M&A would likely
constrain potential positive rating momentum until it was fully
integrated into the SNV franchise.

Moreover, ratings would be sensitive to wholesale funding reverting
back to a meaningful proportion of the funding mix or a reversal of
the current improving asset quality trends, such that asset quality
results are materially worse than peer averages.

Given SNV's sizable CRE concentration, its ratings are sensitive to
a decline in capital ratios that would increase its asset
concentration relative to its capital base. While not expected,
should the company's CET1 ratio decline below 9% there could be
negative rating pressure, absent credible plans to return capital
to above that level in a reasonable time frame.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

The ratings for SNV and its operating companies' subordinated debt
and preferred stock are sensitive to any change to the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The Long- and Short-term deposit ratings are sensitive to any
change to SNV's Long- and Short-term IDR.

HOLDING COMPANY

Should SNV's holding company begin to exhibit signs of weakness,
demonstrate trouble accessing the capital markets, or have
inadequate cash flow coverage to meet near-term obligations, there
is potential that Fitch could notch the holding company VR from the
ratings of the operating companies.

SUPPORT RATING AND SUPPORT RATING FLOOR

Since SNV's Support and Support Rating Floors are '5' and 'NF',
respectively, there is limited likelihood that these ratings will
change over the foreseeable future.

Fitch has affirmed the following ratings:

Synovus Financial Corp.
-- Long-term IDR at 'BBB-'; Outlook Revised to Positive from
    Stable;
-- Short-term IDR at 'F3';
-- Viability Rating at 'bbb-';
-- Senior unsecured at 'BBB-';
-- Subordinated debt at 'BB+';
-- Preferred stock at 'B';
-- Support at '5';
-- Support Floor at'NF'.

Synovus Bank
-- Long-term IDR at 'BBB-'; Outlook Revised to Positive from
    Stable;
-- Short-term IDR at 'F3';
-- Viability Rating at 'bbb-';
-- Long-term deposits at 'BBB';
-- Short-term deposits at 'F3';
-- Support at '5';
-- Support Floor at 'NF'.


THINK FINANCE: Allowed to Use Cash Collateral on Interim Basis
--------------------------------------------------------------
Judge Harlin DeWayne Hale of the U.S. Bankruptcy Court for the
Northern District of Texas authorized Think Finance, LLC and its
affiliates to use cash collateral consistent with the expenditures
identified in the thirteen week forecast.

The Debtors may use cash collateral to satisfy (a) any and all
pre-Petition Date operating and other expenses approved by the
Court, (b) obligations incurred in the ongoing post-Petition Date
operations of the Debtors’ business, and (c) any and all costs
and expenses arising in connection with the administration of the
Debtors' estates, including, without limitation, for the payment of
any fees and expenses owed to professionals employed by the Debtors
or the Official Unsecured Creditors' Committee in these Chapter 11
cases upon the entry of an order from this Court authorizing the
payment of such professional’s fees and expenses.

The 13-week Budget provides total operating disbursements amounting
to $7,506,886.

GPL Servicing, Ltd., together with GPL Servicing Agent, LLC,
Victory Park Management, LLC, and Victory Park Capital Advisors,
LLC, referred to as the GPLS Secured Parties, are granted, as
security solely to the extent of the diminution in the value of the
cash collateral, (a) valid, perfected, and enforceable security
interests in and upon the Collateral to the same extent, validity,
and priority of the security interests held by the GPLS Secured
Parties as of the Petition Date and (b) administrative expense
claims.

The replacement liens, however, will be subject to a carveout for
the U.S. Trustee fees and a carveout for fees and expenses of
professionals of the Committee. Said replacement Liens will be
valid, perfected, enforceable, and effective upon entry of the
Order without the necessity of execution, filing, or recordation of
any financing statements or security agreements.

The Debtors are required to provide to the U.S. Trustee, counsel to
the GPLS Secured Parties and proposed counsel to the Committee, a
report of actual receipts and disbursements for the prior week
compared to the Thirteen Week Forecast on a weekly basis.

A full-text copy of the Order is available at:

        http://bankrupt.com/misc/txnb17-33964-182.pdf

                     About Think Finance

Think Finance, Inc. -- https://www.thinkfinance.com/ -- is a
provider of software technology, analytics, and marketing services
to financial clients in the consumer lending industry.  Think
Finance offers an end-to-end, professionally managed online lending
program.  The company's customized services allow clients to
create, develop, launch and manage their loan portfolio while
effectively serving customers.  For over 15 years, the company has
helped its clients originate more than 2 million loans enabling
them to put more than $4 billion in credit on the street.

Think Finance, LLC, along with six affiliates, sought Chapter 11
protection (Bankr. N.D. Tex. Lead Case No. 17-33964) on Oct. 23,
2017.

Think Finance estimated assets of $100 million to $500 million and
debt of $10 million to $50 million.

The Hon. Harlin DeWayne Hale is the case judge.

The Debtors tapped Hunton & Williams LLP as counsel; Alvarez &
Marsal North America, LLC as financial advisor; and American Legal
Claims Services, LLC as claims and noticing agent.

On Nov. 2, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Cole Schotz P.C.
represents the committee as bankruptcy counsel.


TMTR HOLDINGS: Herrlichs Buying Port Aransas Property for $950K
---------------------------------------------------------------
TMTR Holdings, LLC, asks the U.S. Bankruptcy Court for the Western
District of Texas to authorize the sale of real property and
improvements described as 475 Bayside Drive, Port Aransas, Texas,
to Thomas G. Herrlich and Lisa M. Herrlich for $950,000.

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

The real property is a single family residence located in the
Island Moorings Subdivision in Port Aransas, Texas.

The real property is subject to a mortgage lien to New First
National Bank in the approximate amount of $830,000 with $9,500
earnest money.  All outstanding ad valorem taxes, including the
Nueces County ad valorem taxes (including 2017), will be paid in
full from the sale.  The ad valorem taxes are in the projected
amount of $46,380.

The Debtor proposes to sell the real property for the cash sales
price in the amount of $950,000 the Buyers.  The sale is scheduled
to close by Jan. 29, 2018.  The Debtor proposes to sell the real
property to the Buyers be free and clear of all liens, claims and
encumbrances.  The liens of New First National Bank and the local
ad valorem taxing authorities (Nueces County) will automatically
attach to the net sales proceeds based upon their pre-petition
priority, and paid through closing.

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

        http://bankrupt.com/misc/TMTR_Holdings_10_Sales.pdf

The Debtor believes that the proposed sales price approximates the
real property's market value in the context of such a sale, and is
a reasonable value based upon the asset proposed to be sold and its
marketability. T he house suffered damages in the recent hurricane
season (Harvey), and the Buyers are purchasing the home as is, with
the buyers to complete all repairs.  The Debtor is keeping the
balance of the insurance proceeds.

The Debtor is asking permission to pay all reasonable closing
costs, including real estate commissions (5%), directly at closing.
The net proceeds from the sale will be paid to New First National
Bank through cross-collateralization provisions on other debts owed
to New First National Bank by the Debtor and a related Debtor
(Double Rafter H Construction Company, LLC), in partial
satisfaction of the outstanding balances owed on
cross-collateralized debts of the Debtor.

The Purchasers:

           Thomas G. and Lisa M. Herrlich
           108 Black Diamond
           Portland, TX 78374
           Telephone: (361)765-8595
           E-mail: LHERRLICH@GMAIL.COM

The Creditor:

           NEW FIRST NATIONAL BANK
           10301 N E Zac Lentz Pkwy.
           Victoria, TX 77904-3132

                       About TMTR Holdings

TMTR Holdings, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Tex. Case No. 17-52797) on Dec. 5,
2017.  Judge Craig A. Gargotta presides over the case.  At the time
of the filing, the Debtor estimated assets of less than $50,000 and
liabilities of less than $100,000.  The Debtor tapped William R.
Davis, Jr., Esq. at Langley & Banack, Inc. as its legal counsel.


TRAVIS WALK: Contempt Amount Discharged in Christian Bankr. Action
------------------------------------------------------------------
In the case captioned MELISA ANGELA CHRISTIAN, Appellant, v.
PACIFIC WESTERN BANK, Appellee, Civil Action No. 4:17-CV-493 ( E.D.
Tex.), Christian appeals  from the judgment of the U.S. Bankruptcy
Court for the Eastern District of Texas, wherein the bankruptcy
court found that a civil contempt order for $100,000 entered by the
U.S. Bankruptcy Court for the Northern District of Texas is a
non-dischargeable debt and thus was not discharged by the Order of
Discharge entered by the E.D. Bankruptcy Court.

Having reviewed the bankruptcy judge's opinion, the record, the
submissions of the parties, and the applicable law, District Judge
Marcia A. Crone reverses the decision of the E.D. Bankruptcy
Court.

Christian, a dentist, was the president, sole owner, and guarantor
of Travis Walk Dental Care, a dental office in Dallas, Texas. In
the course of business, on Oct. 27, 2011, Travis Walk executed a
loan agreement and U.S. Small Business Administration Note in favor
of Appellee Pacific Western Bank. The terms of the Note were
subsequently modified by a loan extension and modification
agreement entered into by Travis Walk and PacWest.

On Nov. 3, 2014, Travis Walk filed a voluntary petition for relief
under Chapter 11 of the Bankruptcy Code in the N.D. Bankruptcy
Court. Travis Walk filed an Emergency Motion for Interim Use of
Cash Collateral, which the N.D. Bankruptcy Court granted on March
10, 2015. Pursuant to the Cash Collateral Order, Travis Walk was
authorized to use the funds in the Cash Collateral Account for
approved expenses. As further protection for PacWest, Travis Walk's
largest creditor, the Cash Collateral Order required Travis Walk to
pay PacWest "the amount of all excess funds on hand after payment
of approved expenses." The Cash Collateral Order, along with Travis
Walk's ability to use the cash collateral, was set to expire on
March 31, 2015. Travis Walk, however, made no payments to PacWest,
in violation of the Cash Collateral Order.

On Feb. 8, 2016, the N.D. Bankruptcy Court entered a Civil Contempt
Order, which held Christian and Travis Walk jointly and severally
liable for the Contempt Amount. Christian and Travis Walk failed to
pay the Contempt Amount to PacWest.

On May 27, 2016, PacWest initiated an adversary proceeding against
Christian in the E.D. Bankruptcy Court, asking the court to hold
that the Contempt Amount owed by Christian is not dischargeable.
Both parties filed cross-motions for summary judgment. The E.D.
Bankruptcy Court granted summary judgment in PacWest's favor on
June 29, 2017, concluding that the Contempt Amount is a valid
post-petition debt. Thus, the court held that the Contempt Amount
was not discharged by the Order of Discharge in the Christian
Bankruptcy Action. Christian appeals from this decision.

Christian appeals the E.D. Bankruptcy Court's judgment on two
grounds. First, Christian maintains that the Contempt Amount
accrued prior to the filing of the petition in the Christian
Bankruptcy Action and, thus, is a dischargeable pre-petition debt.
Notably, this is the only argument set forth in Christian's Opening
Brief. Second, in her Reply Brief, Christian contends that the
Contempt Order merely permitted PacWest to proceed with the
contempt hearing but did not authorize the N.D. Bankruptcy Court to
order the payment of any sanction. To the extent that the Contempt
Order sought to authorize the N.D. Bankruptcy Court to order
sanctions, Christian argues such would violate the automatic stay
and therefore be invalid. In response to Christian's second
argument, PacWest avers that Christian waived and abandoned it by
not raising it in her Opening Brief.

There is much debate on how broadly the term "claim" is to be
interpreted in the context of future or contingent claims.
Significantly, the question of how such term should be interpreted
with regard to a contingent contempt claim has not been addressed
in this context. Generally, in defining the term as it pertains to
future and contingent claims, courts take three different
approaches. Some courts apply the accrual theory. Under this
approach, "'a claim' does not arise in bankruptcy until a cause of
action has accrued under non-bankruptcy law." Other courts utilize
the conduct test, under which a "claim" "arises at the moment the
conduct giving rise to the alleged liability occurred." Thus, under
the conduct theory, "if a debtor's conduct forming the basis of
liability occurred pre-petition," the claim also arises
pre-petition. Finally, under the pre-petition relationship test, a
claim arises at the time of the conduct forming the basis for
liability only if the debtor and claimant had some type of
relationship at that time. Hence, a claim arises pre-petition if
there is a pre-petition "relationship, such as contact, exposure,
impact, or privity, between the debtor's prepetition conduct and
the claimant."

Unsurprisingly, the parties disagree as to which approach applies
here. While Christian urges the court to apply the pre-petition
relationship test, PacWest appears to suggest that the court
deviate from all three approaches. In its brief, PacWest maintains
that "the more appropriate inquiry to determine dischargeability of
a contempt order is whether the contempt order was entered before
or after a petition date." This argument, however, contravenes
established law. Therefore, the court rejects this position.

Importantly, the Fifth Circuit has expressly adopted the
pre-petition relationship test in many scenarios. Nonetheless, the
court need not determine which approach applies to a contingent
contempt claim because, in this case, each method leads to the same
conclusion: PacWest's claim for contempt is a pre-petition claim
and, thus, was discharged when Christian filed a voluntary petition
under Chapter 7 of the Bankruptcy Code in the E.D. Bankruptcy
Court.

Consistent with the foregoing analysis, the District Court finds
that the E.D. Bankruptcy Court erred in finding that the Contempt
Amount is a post-petition debt. The Contempt Amount is a
pre-petition debt and was, therefore, discharged in the Christian
Bankruptcy Action.

A full-text copy of the Court's Memorandum and Order dated Dec. 8,
2017 is available at https://is.gd/TySg0F from Leagle.com.

Melisa Angela Christian, Appellant, represented by Robert Thomas
DeMarco, III, Law Offices of Robert T. Demarco.

Pacific Western Bank, Appellee, represented by Katharine Battaia
Clark -- Katie.Clark@tklaw.com -- Thompson & Knight LLP & John
Piaget Vacalis, Squire Patton Boggs (US) LLP.


VAUGHAN COMPANY: Lankfords Bid to Vacate Void Judgments Rejected
----------------------------------------------------------------
In the adversary proceeding captioned JUDITH A. WAGNER, Chapter 11
Trustee of the bankruptcy estate of The Vaughan Company, Realtors,
Plaintiff, v. DAVID LANKFORD and LEE ANN LANKFORD, Defendants,
Adversary Proceeding No. 12-1139-j (Bankr. D.N.M.), Bankruptcy
Judge Robert H. Jacobvitz denied the Defendants' motion to vacate
void judgments per rule 60(b)(4).

The Motion to Vacate is another in a series of efforts the
Lankfords have undertaken to overturn a summary judgment the Court
entered against them in this adversary proceeding. The Lankfords
continue to assert that the chapter 11 trustee and her counsel
acted improperly in The Vaughan Company, Realtors' Chapter 11
bankruptcy case by deliberately and fraudulently miscalculating the
Trustee's claims against them; and the Court acted improperly in
connection with a discovery issue and by granting summary
judgment.

The Lankfords raise one factual issue in the Motion to Vacate that
appears not to have been previously addressed. They complain about
the Court having entered an order sealing certain documents from
public view and ascribe a nefarious motive to that ruling. On Oct.
4, 2013, the Trustee filed a Motion to File Under Seal a Notice of
Errata and an exhibit to the Trustee's motion for summary judgment
asking the Court to seal those documents because they contained
confidential financial account information. The Court entered an
Order Granting Motion to File Under Seal authorizing the Trustee to
file those documents under seal because they contained confidential
financial account numbers. The sealing order was entered to protect
the holders of the accounts, including Mr. Lankford. The Lankfords
did not complain about the sealing order at the time. The Court
finds the Lankfords' argument based on the sealing order to be
without merit.

The Lankfords also assert that the Court lost jurisdiction based on
its alleged bias and should have recused even before it entered
summary judgment against them. Though couched in terms of Rule
60(b)(4) and jurisdiction, this argument is not new. The Court has
already addressed the Lankfords' claims of bias. Adverse rulings
alone are insufficient to show improper bias. Further, as the Court
previously determined, entry of summary judgment against the
Lankfords without a trial comported with the requirements of due
process. The Lankfords' argument that the Court's alleged bias
renders the summary judgment void is without merit.

The bankruptcy case is in re: THE VAUGHAN COMPANY, REALTORS,
Debtor, No. 10-10759-j11 (Bankr. D.N.M.).

A copy of the Court's Memorandum Opinion and Order dated Dec. 12,
2017 is available at https://is.gd/KW1KEJ from Leagle.com.

Judith A. Wagner, Chapter 11 Trustee of the bankruptcy estate of
the Vaughan Company, Realtors, Plaintiff, represented by James A.
Askew -- jaskew@askewmazelfirm.com -- Askew & Mazel, LLC, Edward
Alexander Mazel -- edmazel@askewmazelfirm.com -- Askew & Mazel, LLC
& Daniel Andrew White -- dwhite@askewmazelfirm.com. -- Askew &
Mazel, LLC.

          About The Vaughan Company Realtors

The Vaughan Company Realtors filed for Chapter 11 protection
(Bankr. N.M. Case No. 10-10759) on Feb. 22, 2010.  George D.
Giddens, Jr., Esq., represents the Debtor in its restructuring
efforts.  The Company estimated both assets and debts of between $1
million and $10 million.  Judith A. Wagner was appointed as Chapter
11 Trustee.

Mr. Vaughan filed a separate Chapter 11 petition (Bankr. D. N.M.
Case No. 10-10763) on Feb. 22, 2010.  The case was converted to a
chapter 7 proceeding on May 20, 2010.  Yvette Gonzales is the duly
appointed trustee of the Chapter 7 estate.


VERDUGO ENTERPRISES: Trustee Taps Cunningham as Auctioneer
----------------------------------------------------------
Lynton Kotzin, the Chapter 11 trustee for Verdugo Enterprises LLC,
seeks approval from the U.S. Bankruptcy Court for the District of
Arizona to hire Cunningham & Associates, Inc. as appraiser and
auctioneer to appraise, assemble, and store the Debtor's property
for safekeeping and to conduct a liquidation of the Debtor's
property.

The Trustee relates that, upon his initial review of this Chapter
11 case, he would like to store, liquidate, and appraise the
Debtor's personal property.  The Trustee has determined that an
auction of the Property may yield funds for the Estate.  In the
course of administering the Estate, the Trustee may determine other
assets should be auctioned.

The Auctioneer will receive as compensation a buyer's premium fee
in the amount of 10% of the final sale price, plus reimbursement of
reasonable and necessary expenses.

George Cunningham attests that Cunningham and its employees do not
hold any interest or connections adverse to this Bankruptcy Estate
or otherwise, with the Debtor, creditors, or any other
party-in-interest, their respective attorneys and accountants, the
United States Trustee, or any person employed in the Office of the
United States Trustee; and, is a disinterested entity as defined in
11 U.S.C. Sec. 101(14).

The auctioneer can be reached through:

     George Cunningham
     CUNNINGHAM & ASSOCIATES INC.
     PO Box 67087
     Phoenix, AZ 85082
     Phone: 888-777-9888
     Email: george@auctionaz.com

                    About Verdugo Enterprises

An involuntary Chapter 11 petition was filed against Verdugo
Enterprises, LLC (Bankr. D. Ariz. Case No. 17-04370) on April 22,
2017.  The bankruptcy case is assigned to Judge Brenda K. Martin.
Counsel for the Petitioning Creditors is Jonathan P. Ibsen, Esq.,
based in Scottsdale, Arizona.

On October 31, 2017, Lynton Kotzin of Kotzin Valuation Partners,
LLC was appointed Chapter 11 trustee for the Debtor.  Lane & Nach,
P.C. is the trustee's bankruptcy counsel.


WALTER INVESTMENT: Court Sets Jan. 12 Combined Plan Hearing
-----------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order scheduling a combined hearing to consider both Walter
Investment Management's Disclosure Statement and Prepackaged
Chapter 11 Plan of Reorganization. The order states, "The Combined
Hearing (at which time the Bankruptcy Court will consider, among
other things, the adequacy of the Disclosure Statement and
Solicitation Procedures, and confirmation of the Prepackaged Plan)
will be held before the Honorable James L. Garrity, Jr., United
States Bankruptcy Judge on January 12, 2018 at 10:00 a.m., with
objections due on December 29, 2017. The Debtor shall file its
brief in support of confirmation of the Prepackaged Plan, and its
reply to any objections no later than January 5, 2018 at 2:00 p.m."
According to documents filed with the Court, WIMC believes that its
Chapter 11 case must "proceed in the most expeditious manner
permitted by the Bankruptcy Code."  Among other milestones
contained in the restructuring support agreements is a January 31,
2018 deadline for Disclosure Statement approval and Plan
confirmation.

                    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.


WALTER INVESTMENT: Court Sets Jan. 12 Combined Plan Hearing
-----------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order scheduling a combined hearing to consider both Walter
Investment Management's Disclosure Statement and Prepackaged
Chapter 11 Plan of Reorganization.  The order states, "The Combined
Hearing (at which time the Bankruptcy Court will consider, among
other things, the adequacy of the Disclosure Statement and
Solicitation Procedures, and confirmation of the Prepackaged Plan)
will be held before the Honorable James L. Garrity, Jr., United
States Bankruptcy Judge on January 12, 2018 at 10:00 a.m., with
objections due on Dec. 29, 2017.  The Debtor shall file its brief
in support of confirmation of the Prepackaged Plan, and its reply
to any objections no later than January 5, 2018 at 2:00 p.m."
According to documents filed with the Court, WIMC believes that its
Chapter 11 case must "proceed in the most expeditious manner
permitted by the Bankruptcy Code."  Among other milestones
contained in the restructuring support agreements is a January 31,
2018 deadline for Disclosure Statement approval and Plan
confirmation.

                    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.


WALTOGUY ANFRIANY: Entitled to Attorney's Fees and Costs, Ct. Rules
-------------------------------------------------------------------
The appellants in the appeals case WALTOGUY ANFRIANY and MIRELLE
ANFRIANY, Appellants, v. DEUTSCHE BANK NATIONAL TRUST COMPANY, as
Trustee, In Trust for the Registered Holders of Argent Securities,
Inc., Asset-Backed Pass-Through Certificates, Series 2005-W4,
Appellee, No. 4D16-4182 (Fla. Dist. App.) petitioned for certiorari
to review the trial court's order vacating their entitlement to
attorney's fees and costs in a foreclosure action initiated by the
appellee, Deutsche Bank National Trust.

Anfriany raises substantive issues regarding the application of
judicial estoppel to bar his entitlement to fees and costs, and a
procedural issue. Because the trial court applied the wrong
standard in dismissing the entitlement based on judicial estoppel,
the Florida District Court of Appeal reverses and remands for
further proceedings.

Anfriany argues that the fee award was not his asset, but an asset
of his attorney. Second, he argues the trial court improperly
failed to consider the nature of the bankruptcy filing
(reorganization of debt versus discharge of debt) and whether his
failure to disclose was inadvertent.

Here, the Appeals Court finds that the trial court erred by failing
to properly apply the Florida doctrine of judicial estoppel.
Instead, the trial court relied on In re Coastal Plains, Inc., a
Fifth Circuit case, to conclude that judicial estoppel applied. To
apply judicial estoppel to Anfriany's entitlement to fees and costs
would bestow a windfall in favor of the Bank. Therefore, the
Appeals Court quashes the trial court order vacating and dismissing
Anfriany's entitlement to attorney's fees and costs based on
judicial estoppel and remands the case to the trial court for
further proceedings.

A copy of the Appeals Court's Dec. 6, 2017 Decision is available at
https://is.gd/mYcg8K from Leagle.com.

Brian K. Korte and Scott J. Wortman -- swortman@briankortepl.com
--  Korte & Wortman, P.A., West Palm Beach, for appellants.

Julissa Rodriguez -- rodriguezju@gtlaw.com -- and Stephanie L.
Varela -- varelas@gtlaw.com  --  Greenberg Traurig, P.A., Miami,
and C. Wade Bowden -- bowdenw@gtlaw.com -- and Tyrone Adras --
adrast@gtlaw.com -- Greenberg Traurig, P.A., West Palm Beach, for
appellee.

Waltoguy Anfriany filed for chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 13-20488) on May 3, 2013.


WESTMOUNTAIN GOLD: Court Extends Plan Filing Deadline to Dec. 26
----------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
WestMountain Gold's second motion to extend the exclusive period
during which the Company can solicit plan acceptances through and
including Dec. 26, 2017.  As previously reported, "The Debtors have
taken a number of actions in this case to further the
reorganization and have moved diligently to reorganize with the
filing of a Plan of Reorganization.  The Debtors are currently
soliciting acceptances for their Plan, however the hearing on
confirmation of the Plan is not until December 19, 2017.  The
Debtors are entitled to the benefit of an exclusive sixty-day
period to gain acceptance of their Plan provided it is filed during
the exclusive period.  The Debtors will not obtain this Bankruptcy
Code provided benefit unless the exclusive period of 180 days is
extended for the additional thirty days requested.  Providing the
Debtors with a thirty-day extension of section 1121(c)(3) pursuant
to section 1121(d)(1) and (2)(B) is in the best interest of the
Debtors and creditors of the estate since it will allow the Debtors
an opportunity to resolve issues in the case with creditors,
continue to reduce claims which is essential to the voting and
distribution process, and work towards confirmation of the Plan."

                    About Westmountain Gold

Based in Fort Collins, Colorado, WestMountain Gold, Inc., is a
precious metals exploration company.  Its major project is known as
the Terra or TMC Project, which consists of a gold mining operation
in Alaska.

WestMountain Gold, Inc., and Terra Gold Corporation sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Colo.
Lead Case No. 17-11527) on March 1, 2017.  The petitions were
signed by Rick Bloom, authorized representative.  At the time of
the filing, the Debtors estimated their assets and debt at $1
million to $10 million.

Kutner Brinen, P.C., is serving as bankruptcy counsel to the
Debtors.  Holland & Hart LLP, Schwabe Williamson & Wyatt, P.C., and
Thrasher Worth LLC have been tapped as special counsel to the
Debtors.


WINTRUST FINANCIAL: Fitch Hikes Preferred Stock Rating to 'BB-'
---------------------------------------------------------------
Fitch Ratings has upgraded Wintrust Financial Corp's (WTFC)
Long-Term Issuer Default Rating (LT IDR) to 'BBB+' from 'BBB'.
Fitch has affirmed WTFC's Short-Term IDR (ST IDR) at 'F2'. The
Rating Outlook is Stable.

The rating action follows a periodic review of the midtier regional
banking group, which includes BankUnited, Inc. (BKU), BOK Financial
Corp. (BOKF), Cathay General Bancorp (CATY), East West Bancorp,
Inc. (EWBC), First Horizon National Corporation (FHN), First
National of Nebraska, Inc. (FNNI), Fulton Financial Corporation
(FULT), Hilltop Holdings Inc. (HTH), Synovus Financial Corp. (SNV),
Trustmark Corporation (TMRK), UMB Financial Corp. (UMBF), Umpqua
Holdings Corporation (UMPQ) and Wintrust Financial Corporation
(WTFC).

KEY RATING DRIVERS
IDRs, VRs, AND SENIOR DEBT

The upgrade of WTFC's ratings reflects Fitch's view that the
company's current and expected financial performance and condition
has converged with higher rated banks. Also underpinning the
upgrade is WTFC's consistent strategy and conservative risk culture
that have led to relatively lower levels of credit costs over time.
Management has shown the ability to methodically and strategically
expand WTFC's community banking presence in Chicago and Wisconsin
through smaller, whole-bank acquisitions while defending its
strong, profitable national lending platforms.

The action also reflects Fitch's view of WTFC's balance sheet
diversity. While the bank's commercial loan portfolio remains
heavily tied to the greater Chicagoland and Southeast Wisconsin,
Fitch notes that one-third of WTFC's book is tied to its national
premium finance business. The line of business, in which WTFC is
one of the top three originators in the U.S., provides the company
with strong risk adjusted returns and balance sheet diversity and
is likely to result in less volatile total credit losses through
the next credit downturn relative to peers. Annualized net
charge-offs (NCOs) related to WTFC's property and casualty premium
finance portfolio have been approximately 20bps over the last 20
quarters while the life insurance premium finance book hasn't had a
NCO since 2011.

WTFC's continues to have strong asset quality, consistent with that
of higher rated peers. Fitch believes this is a reflection of
management's consistent conservative credit risk philosophy.
Nonperforming assets (NPAs) as a percentage of loans and real
estate owned (REO) have continued a downward trend, dropping from
0.73% at third quarter 2016 (3Q'16) to 0.60% at 3Q'17. Fitch notes
that the decrease has been accomplished with relatively little
credit loss. Total NCOs as a percentage of total loans have
averaged just 8 basis points (bps) over the last five quarters when
excluding covered loans. While Fitch does not believe this low
level of NCOs is sustainable on a quarter-to-quarter basis and thus
expects credit costs to revert upwards, WTFC's credit quality is
expected to remain a positive outlier going forward. This
expectation is incorporated into action and the Outlook.

WTFC's earnings in the context of balance sheet risk are reasonable
and have trended upward even without the benefit from reserve
releases. Similar to most banks higher short-term rates have
boosted net interest income as WTFC has been able to hold funding
costs reasonably stable thus far in the current Fed tightening
cycle. While funding costs will likely increase going forward given
Fitch's expectations for higher deposit betas, Fitch observes
WTFC's operational efficiencies have improved such that its return
on average assets (ROA) should generally remain above 90bps over
the rating time horizon, a reasonable level relative to its new
rating level. Fitch also expects WTFC's earnings volatility to
remain low, supported by its aforementioned strong credit culture.
These expectations are reflected in upgrade and the Outlook
Stable.

As expected, capital and leverage have improved over the last year
with the conversion of its convertible preferred stock into common
equity in 2Q17 and the maintenance of reasonable capital
distributions. The bank's Fitch Core Capital (FCC) increased to
9.2% from 8.5% a year prior, one of the lowest levels within
Fitch's U.S. bank rated universe. However, current capital level is
considered adequate relative to the company's overall risk profile.
WTFC's rating not only reflects its ability to maintain an adequate
capital base through the cycle but also its ability to maintain
capital even with strong asset growth and its demonstrated ability
to raise capital in the private and public markets.

Fitch views WTFC's liquidity and funding profile as solid with
essentially all of its funding derived from its core, community
bank deposit base. Moreover, Fitch recognizes WTFC's growing
presence of non-interest bearing deposits which has been
accomplished through its various acquisitions since the financial
crisis as well as through the build out of its commercial lending
business. Fitch also notes WTFC has historically kept its
loan-to-deposit ratio at a manageable 80-90%. While it the ratio
has touched 91%-92% over recent periods, management has publically
discussed its desired target range. Fitch's expectation that the
ratio will remain below peer averages is incorporated into rating
action.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

WTFC's subordinated debt is notched one level below its VR for loss
severity. WTFC's preferred stock is notched five levels below its
VR, two times for loss severity and three times for
non-performance. These ratings are in accordance with Fitch's
criteria and assessment of the instruments non-performance and loss
severity risk profiles and have thus been affirmed due to the
affirmation of the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The uninsured deposit ratings of WTFC's bank subsidiaries are rated
one notch higher than the bank's IDR and senior unsecured debt
because U.S. uninsured deposits benefit from depositor preference.
U.S. depositor preference gives deposit liabilities superior
recovery prospects in the event of default.

HOLDING COMPANY

WTFC's VR is equalized with those of its operating companies and
banks, reflecting its role as the bank holding company, which is
mandated in the U.S. to act as a source of strength for its bank
subsidiaries. Ratings are also equalized reflecting the very close
correlation between holding company and subsidiary failure and
default probabilities.

SUPPORT RATING AND SUPPORT RATING FLOOR

WTFC has a Support Rating (SR) of '5' and Support Rating Floor
(SRF) of 'NF'. In Fitch's view, the probability of support is
unlikely. IDRs and VRs do not incorporate any support.

RATING SENSITIVITIES
IDRs, VRs, AND SENIOR DEBT

With upgrade, Fitch views WTFC's ratings as solidly situated at
their current rating level. Further upside, which would be
unlikely, would be predicated on earnings performance and profile
in line with that of those banks in the 'A' rating category while
maintaining a conservative risk appetite.

Fitch also see limited downside to WTFC's current ratings given its
consistent strategy and risk culture. Although currently viewed as
unlikely, negative trends in capital levels due to a material
reversal in current asset quality trends (particularly in the
premium finance book) leading to capital deterioration could prompt
negative rating action.

Fitch expects WTFC to continue to be acquisitive in the community
bank space. Fitch would also analyse any individual transaction
that did not fit with WTFC's current business model for its
strategic and financial implications, which may lead to rating
changes.

Finally, action incorporates the view that WTFC's earnings will
continue to benefit from a higher rate environment and remain
durable as credit costs revert to historical norms. Should WTFC's
earnings performance deteriorate due to higher than expected
funding costs or from credit costs that exceed those of peers and
similarly rated banks, Fitch could take adverse rating action.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

The ratings for WTFC and its operating companies' subordinated
debt, trust preferred securities, and preferred stock are sensitive
to any change to the VR.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The long- and short-term deposit ratings are sensitive to any
change to WTFC's long- and short-term IDR.

HOLDING COMPANY

Should WTFC's holding company begin to exhibit signs of weakness,
demonstrate trouble accessing the capital markets, or have
inadequate cash flow coverage to meet near-term obligations, there
is potential that Fitch could notch the holding company VR from the
ratings of the operating companies.

SUPPORT RATING AND SUPPORT RATING FLOOR

Since WTFC's Support and Support Rating Floors are '5' and 'NF',
respectively, there is limited likelihood that these ratings will
change over the foreseeable future.

Fitch has upgraded the following ratings:

Wintrust Financial Corporation
-- Long-Term IDR to 'BBB+' from 'BBB'; Outlook Stable;
-- Viability Rating to 'bbb+' from 'bbb';
-- Subordinated Debt to 'BBB' from 'BBB-';
-- Preferred Stock to 'BB-' from 'B+';

Barrington Bank and Trust Company, NA
Beverly Bank and Trust Company, NA
Crystal Lake Bank and Trust Company, NA
Hinsdale Bank and Trust Company
Lake Forest Bank and Trust Company, NA
Libertyville Bank and Trust Company
Northbrook Bank and Trust Company
Old Plank Trail Community Bank, NA
Schaumburg Bank and Trust Company, NA
St. Charles Bank and Trust Company
State Bank of the Lakes
Town Bank
Village Bank and Trust
Wheaton Bank and Trust
Wintrust Bank
-- Long-Term IDR to 'BBB+' from 'BBB'; Outlook Stable;
-- Viability Rating to 'bbb+' from 'bbb';
-- Long-Term Deposits to 'A-' from 'BBB+'.

Fitch has affirmed the following ratings:

Wintrust Financial Corporation
-- Short-Term IDR at 'F2';
-- Support at '5';
-- Support Rating Floor at 'NF'.

Barrington Bank and Trust Company, NA
Beverly Bank and Trust Company, NA
Crystal Lake Bank and Trust Company, NA
Hinsdale Bank and Trust Company
Lake Forest Bank and Trust Company, NA
Libertyville Bank and Trust Company
Northbrook Bank and Trust Company
Old Plank Trail Community Bank, NA
Schaumburg Bank and Trust Company, NA
St. Charles Bank and Trust Company
State Bank of the Lakes
Town Bank
Village Bank and Trust
Wheaton Bank and Trust
Wintrust Bank
-- Short-Term IDR at 'F2';
-- Short-Term Deposits at 'F2';
-- Support at '5';
-- Support Rating at 'NF'.


WOODBRIDGE GROUP: Taps Garden City as Claims & Noticing Agent
-------------------------------------------------------------
Woodbridge Group of Companies, LLC, and certain of its affiliates
and subsidiaries seek approval from the United States Bankruptcy
Court for the District of Delaware to hire Garden City Group, LLC
as the claims and noticing agent in the Chapter 11 Cases.

Services required of Garden City Group are:

     (a) prepare and serve required notices and documents in the
         Chapter 11 Cases in accordance with the Bankruptcy Code
         and the Bankruptcy Rules in the form and manner directed
         by the Debtors and/or the Court, including (i) notice of
         the commencement of the Chapter 11 Cases and the initial
         meeting of creditors under Bankruptcy Code section
         341(a), (ii) notice of any claims bar date, (iii)
         notices of transfers of claims, (iv) notices of
         objections to claims and objections to transfers of
         claims, (v) notices of any hearings on a disclosure
         statement and confirmation of the Debtors' plan or plans
         of reorganization, including under Bankruptcy Rule
         3017(d), (vi) notice of the effective date of any plan,
         and (vii) all other notices, orders, pleadings,
         publications and other documents as the Debtors or Court
         may deem necessary or appropriate;

     (b) maintain an official copy of the Debtors' schedules of
         assets and liabilities and statements of financial
         affairs, listing the Debtors' known creditors and any
         amounts owed thereto;

     (c) maintain (i) a list of all potential creditors, equity
         holders and other parties-in-interest; and (ii) a "core"
         mailing list consisting of all parties described in
         Bankruptcy Rule 2002(i), (j) and (k) and those parties
         that have filed a notice of appearance pursuant to
         Bankruptcy Rule 9010; update and make said lists
         available upon request by a party in interest or the
         Clerk;

     (d) furnish a notice to all potential creditors of the last
         date for the filing of proofs of claim and a form for
         the filing of a proof of claim, after the notice and
         form are approved by the Court, and notify the potential
         creditors of the existence, amount and classification of
         their respective claims as set forth in the Schedules,
         which may be effected by inclusion of such information
         on a customized proof of claim form provided to
         potential creditors;

     (e) maintain a post office box or address for the purpose of
         receiving claims and returned mail, and process all mail
         received;

     (f) for all notices, motions, orders or other pleadings or
         documents served, prepare and file or caused to be filed
         with the Clerk an affidavit or certificate of service
         within seven business days of service which includes
         (i) either a copy of the notice served or the docket
         numbers(s) and title(s) of the pleading(s) served,
         (ii) a list of persons to whom it was mailed (in
         Alphabetical order) with their addresses, (iii) the
         manner of service, and (iv) the date served;

     (g) process all proofs of claim received, including those
         received by the Clerk, check said processing for
         accuracy, and maintain the original proofs of claim in
         a secure area;

     (h) maintain the official claims register for each Debtor on
         behalf of the Clerk; upon the Clerk's request, provide
         the Clerk with certified, duplicate unofficial Claims
         Registers; and specify in the Claims Registers the
         following information for each claim docketed: (i) the
         claim number assigned, (ii) the date received, (iii) the
         name and address of the claimant and agent, if
         applicable, who filed the claim, (iv) the amount
         asserted, (v) the asserted classification(s) of the
         claim (e.g., secured, unsecured, priority, etc.), (vi)
         the applicable Debtor, and (vii) any disposition of the
         claim;

     (i) implement necessary security measures to ensure the
         completeness and integrity of the Claims Registers and
         the safekeeping of the original claims;

     (j) record all transfers of claims and provide any notices
         of such transfers as required by Bankruptcy Rule
         3001(e); provided, however, that if any evidence of
         transfer of claim(s) is filed with the Court pursuant to
         Bankruptcy Rule 3001(e), and if the evidence of transfer
         or notice thereof executed by the parties purports to
         waive the 21-day notice and objection period required
         under Bankruptcy Rule 3001(e), then GCG may process the
         transfer of claim(s) to change the name and address of
         the claimant of such claim to reflect the transfer,
         and the effective date of such transfer will be the date
         the evidence of such transfer was docketed in the case;

     (k) relocate, by messenger or overnight delivery, all of the
         court-filed proofs of claim to the offices of GCG, not
         less than weekly;

     (l) upon completion of the docketing process for all claims
         received to date for each case, turn over to the Clerk
         copies of the Claims Registers for the Clerk's review
         (upon the Clerk's request);

     (m) monitor the Court's docket for all notices of
         appearance, address changes, and claims-related
         pleadings and orders filed and make necessary notations
         on and/or changes to the Claims Registers and any
         service or mailing lists, including to identify and
         eliminate duplicative names and addresses from the
         lists;

     (n) identify and correct any incomplete or incorrect
         addresses in any mailing or service lists;

     (o) assist in the dissemination of information to the public
         and respond to requests for administrative information
         regarding the Chapter 11 Cases as directed by the
         Debtors or the Court, including through the use of a
         case website and/or call center;

     (p) if the Chapter 11 Cases are converted to chapter 7 of
         the Bankruptcy Code, contact the Clerk's office within
         three days of the notice to GCG of entry of the order
         converting the cases;

     (q) thirty days prior to the close of the Chapter 11 Cases,
         to the extent practicable, request that the Debtors
         submit to the Court a proposed order dismissing GCG and
         terminating its services in such capacity upon
         completion of its duties and responsibilities and upon
         the closing of the Chapter 11 Cases;

     (r) within seven days of notice to GCG of entry of an order
         closing the Chapter 11 Cases, provide to the Court the
         final version of the Claims Registers as of the date
         immediately before the close of the cases;

     (s) at the close of the Chapter 11 Cases, box and transport
         all original documents, in proper format, as provided by
         the Clerk's office, to (i) the Federal Archives Record
         Administration, located at Central Plains Region, 200
         Space Center Drive, Lee's Summit, MO 64064 or (ii) any
         other location requested by the Clerk's office; and

     (t) provide other related claims and noticing services as
         the Debtors may require.

Craig Johnson, Assistant Vice President of Garden City Group, LLC,
attests that the firm is a "disinterested person" as that term is
defined in Bankruptcy Code section 101(14).

Garden City's standard hourly rates are:

     Administrative, Mailroom and Claims Control      $45 - $55
     Project Administrators                           $70 - $85
     Project Supervisors                              $95 - $120
     Graphic Support & Technology Staff              $125 - $200
     Project Managers                                $155
     Senior Project Managers and Directors           $175-$200
     Assistant Vice Presidents,
        Vice Presidents, and above                   $295

The firm can be reached through:

      Craig Johnson
      Garden City Group, Inc.
      1985 Marcus Avenue
      Lake Success, NY 11042
      Phone: 631-470-5000
      Fax: 631-940-6554

                      About Woodbridge Group

Headquartered in Sherman Oaks, California, The Woodbridge Group
Enterprise -- http://www.woodbridgecompanies.com/-- is a
comprehensive real estate finance and development company.  Its
principal business is buying, improving, and selling high-end
luxury homes. The Woodbridge Group Enterprise also owns and
operates full-service real estate brokerages, a private investment
company, and real estate lending operations.  The Woodbridge Group
Enterprise and its management team have been in the business of
providing a variety of financial products for more than 35 years,
and have been primarily focused on the luxury home business for the
past five years.  Since its inception, the Woodbridge Group
Enterprise has completed more than $1 billion in financial
transactions.  These transactions involve real estate, note buying
and selling, hard money lending, and alternative financial
transactions involving thousands of investors.

Woodbridge Group of Companies and certain of its affiliates filed
Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.
17-12560) on Dec. 4, 2017.  Woodbridge estimated assets and
liabilities at between $500 million and $1 billion.

Judge Kevin J. Carey presides over the case.

Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq.,
Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey,
Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher,
LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J.
Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway
Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel.

The Debtors' financial advisors are Larry Perkins, John Farrace,
Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman
at SierraConstellation Partners, LLC.

Beilinson Advisory Group is serving as independent management to
the Debtors.

Garden City Group, LLC, is the Debtors' claims and noticing agent.


YIELD10 BIOSCIENCE: Amends Prospectus on 586,592 A Units Offering
-----------------------------------------------------------------
Yield10 Bioscience, Inc., filed with the Securities and Exchange
Commission an amended Form S-1 registration statement relating to
the offering offering of Class A Units, with each Class A Unit
consisting of one share of common stock, par value $0.01 per share
and accompanying Series A common warrants and Series B common
warrants at an assumed public offering price of $3.58 per Class A
Unit, the last reported sale price of the Company's common stock on
The Nasdaq Capital Market on Dec. 14, 2017.  Each Series A common
warrant included in the Class A Units entitles its holder to
purchase a number of shares equal to 100% of the common stock
underlying each share of common stock.  Each Series B common
warrant included in the Class A Units entitles its holder to
purchase a number of shares equal to 50% of the common stock
underlying each share of common stock.  The Series A common
warrants included in the Class A Units will be exercisable for an
aggregate total of 586,592 shares of common stock and the Series B
common warrants included in the Class B Units will be exercisable
for an aggregate total of 293,296 shares of common stock.

Yield10 Bioscience is also offering to those purchasers whose
purchase of its Class A Units in this offering would result in the
purchaser, together with its affiliates and certain related
parties, beneficially owning more than 4.99% (or, at the election
of the purchaser, 9.99%) of the Company's outstanding common stock
following the consummation of this offering, the opportunity to
purchase, if they so choose, in lieu of the number of Class A Units
that would result in ownership in excess of 4.99% (or, at the
election of the purchaser, 9.99%), Class B Units.  Each Class B
Unit will consist of one share of the Company's Series A Preferred
Stock, par value $0.01 per share convertible into 280 shares of
common stock, Series A common warrants to purchase 280 shares of
common stock and Series B common warrants to purchase 140 shares of
common stock at a public offering price of $1,000 per Class B Unit.
Each Series A common warrant included in the Class B Units
entitles its holder to purchase a number of shares equal to 100% of
the common stock underlying each share of Series A Preferred Stock.
Each Series B common warrant included in the Class B Units
entitles its holder to purchase a number of shares equal to 50% of
the common stock underlying each share of Series A Preferred Stock.
Based on the last reported sale price of the Company's common
stock of $3.58 per share, the Series A Preferred Stock included in
the Class B Units will be convertible into an aggregate total of
2,346,369 shares of common stock, the Series A common warrants
included in the Class B Units will be exercisable for an aggregate
total of 2,346,369 shares of common stock and the Series B common
warrants included in the Class B Units will be exercisable for an
aggregate total of 1,173,185 shares of Common Stock.

Because the Company will issue one Series A common warrant and one
Series B common warrant for each Class A Unit and/or Class B Unit
sold in this offering, the number of common warrants sold in this
offering will not change as a result of a change in the mix of
Class A Units or Class B Units sold.  As a result, the Series A
common warrants included in the Units will be exercisable for an
aggregate total of 2,932,961 shares of common stock and the Series
B common warrants included in the Units will be exercisable for an
aggregate total of 1,466,481 shares of common stock.

The Class A Units and Class B Units have no stand-alone rights and
will not be certificated or issued as stand-alone securities.  The
shares of common stock, Series A Preferred Stock and warrants
comprising such units are immediately separable and will be issued
separately in this offering.  The underwriters have the option to
purchase additional shares of common stock and/or warrants to
purchase shares of common stock to cover over-allotments, if any,
at the price to the public less the underwriting discounts and
commissions.  The over-allotment option may be used to purchase
shares of common stock, or warrants, or any combination thereof, as
determined by the underwriters, but such purchases cannot exceed an
aggregate of 15% of the number of shares of common stock (including
the number of shares of common stock issuable upon conversion of
shares of Series A Preferred Stock) and warrants sold in the
offering.  The over-allotment option is exercisable for 45 days
from the date of this prospectus.

The Company's common stock is listed on The Nasdaq Capital Market
under the symbol "YTEN."  On Dec. 14, 2017, the last reported sale
price for the Company's common stock was $3.58 per share.  The
price of the Company's common stock on The Nasdaq Capital Market
during recent periods will only be one of many factors in
determining the public offering price.

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

                    https://is.gd/j2F8TJ

                   About Yield10 Bioscience

Yield10 Bioscience, Inc. -- http://www.yield10bio.com/-- is
focused on developing new technologies to achieve step-change
improvements in crop yield to enhance global food security. Yield10
has an extensive track record of innovation based around optimizing
the flow of carbon in living systems.  Yield10 leverages its
technology platforms and unique knowledge base to design precise
alterations to gene activity and the flow of carbon in plants to
produce higher yields with lower inputs of land, water or
fertilizer.  Yield10 is advancing several yield traits it has
developed in crops such as Camelina, canola, soybean and rice.
Yield10 is headquartered in Woburn, MA and has an Oilseeds center
of excellence in Saskatoon, Canada.

Yield10 reported a net loss of $7.60 million on $1.15 million of
total revenue for the year ended Dec. 31, 2016, compared to a net
loss of $23.68 million on $1.35 million of total revenue for the
year ended Dec. 31, 2015.  As of Sept. 30, 2017, Yield10 had $5.57
million in total assets, $3.02 million in total liabilities and
$2.54 million in total stockholders' equity.

RSM US LLP, in Boston, Massachusetts, issued a "going concern"
opinion on the consolidated financial statements for the year ended
Dec. 31, 2016, noting that the Company has suffered recurring
losses from operations and has insufficient capital resources,
which raises substantial doubt about its ability to continue as a
going concern.


YOSI SAMRA: Seeks Feb. 19 Exclusive Plan Filing Extension
---------------------------------------------------------
Yosi Samra, Inc., on consent of the Official Committee of Unsecured
Creditors, seeks from the U.S. Bankruptcy Court for the Southern
District of New York for a 45-day extension of the period under
which the Debtor has the exclusive right to file a Chapter 11 plan,
as well as the exclusive period to solicit acceptances of its
Chapter 11 plan, through February 19, 2018 and April 18, 2018,
respectively.

This is the Debtor's first request for an extension. The Debtor
asserts that this request for an extension of the Exclusive Periods
is not a negotiation tactic, but instead, merely a reflection of
the fact that the Chapter 11 Case is not yet ripe for the
formulation and confirmation of a viable Plan. Further, the Debtor
remains hopeful that prior to the expiration of the extended
Exclusive Periods, it will be positioned to file a consensual plan
of reorganization.

The Debtor avers that it has spent the early part of the bankruptcy
case stabilizing its business through negotiations with its
warehouse (Seko) and DIP lender (Sallyport).  However, these
negotiations have taken longer than expected.  Simultaneously, the
Debtor has also changed financial advisors and, as a result, the
filing of monthly operating reports has been delayed.  The Debtor,
however, was able to obtain a final order approving DIP financing
from Sallyport, and this final order was entered on December 7,
2017.  The Debtor also anticipates filing its October operating
report within the week.

The Debtor claims that it is in a better position to provide
relevant information to creditors and to negotiate a consensual
plan of reorganization since the Debtor’s business is now
stabilizing. The Debtor tells the Court that it has had an initial
meeting with the Committee’s professionals regarding the general
framework of a potential plan of reorganization and has also
prepared a term sheet that describes possible treatment for
unsecured creditors. The parties have discussed this term sheet
several times since then. The Debtor is hopeful that the parties
can make substantial progress toward the filing of a consensual
plan of reorganization once the Debtor completes its discussions
with the Committee.

In addition, the Debtor contends that it is open to any possible
exit strategy, and it has been discussing possible transactions
with lenders and investors.  Thus, the Debtor has made good faith
progress toward reorganization.

                   About Yosi Samra Inc.

Yosi Samra Inc. -- https://www.yosisamra.com/ -- sells designer
brand footwear for women and kids famous for its fold-up ballet
flats.  Yosi Samra's runway-inspired styles have been featured in
Vogue, InStyle and Glamour Magazines and spotted on some of
fashion's most trend-setting celebrities, including Sarah Jessica
Parker, Anne Hathaway, and Halle Berry.  The Yosi Samra brand is
available in more than 1,000 boutiques across the US and in 85
other countries, including 15 brand shops in Asia and The Middle
East.

Yosi Samra Inc. sought Chapter 11 protection (Bankr. S.D.N.Y. Case
No. 17-12493) on Sept. 5, 2017, disclosing $1.5 million in assets,
and $6.28 million in liabilities as of Sept. 5, 2017.  The petition
was signed by Larry Reines, its president.

Ballon Stoll Bader & Nadler P.C., in New York, serves as counsel to
the Debtor.  Savvy Fare, LLC serves as the new accountant to the
Debtor, replacing Danziger & Company, the Debtor's previous
accountant.

On September 27, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee hired
Sullivan & Worcester LLP as its legal counsel.


[*] Michelle Larson Joins Carrington Coleman's Insolvency Practice
------------------------------------------------------------------
Noted bankruptcy attorney Michelle Vonsenden Larson has joined the
Dallas office of Carrington, Coleman, Sloman & Blumenthal, LLP, as
an insolvency and reorganization practice partner.

"Michelle is an exceptional addition to our firm," said Carrington
Coleman Managing Partner Bruce Collins.  "She brings significant
experience in complex, sophisticated bankruptcy matters that will
greatly benefit our clients."

Ms. Larson represents a diverse range of clients, including
financial, energy, real estate, insurance and sports entities, in
complex commercial bankruptcy and restructuring matters nationwide.
Ms. Larson also frequently serves as outside general counsel
offering guidance on general corporate and transactional matters.
In addition, she represents bankruptcy clients before appellate
courts across the country, as well as before the U.S. Supreme
Court.  Her practice includes:

   -- Insolvency & reorganization
   -- Accounting & receiverships
   -- Acquisitions & dispositions
   -- Liquidation
   -- Secured finance
   -- Commercial transactions and disputes

A 1996 magna cum laude graduate of Loyola University School of Law
and the valedictorian of the 1992 Nicholls State University
graduating class, Ms. Larson joins Carrington Coleman from the
Dallas office of Andrews Kurth Kenyon LLP.  She previously
practiced at Weil, Gotshal & Manges LLP.  She is also licensed as a
Certified Public Accountant (Louisiana 1992).

Also joining the firm's Dallas office are three associates:

Lance Henderson's practice focuses on litigation and intellectual
property law.  He is a 2014 graduate of The University of Texas
School of Law.

Evan Kirkham is an associate in the firm's securities and director
and officer practice group.  He is a 2017 cum laude graduate of the
Southern Methodist University Dedman School of Law.

Derrick Ward's practice focuses on employment litigation and
insurance coverage, and also includes appellate work.  He is a 2014
graduate of The University of Texas School of Law.

                   About Carrington Coleman

Carrington, Coleman, Sloman & Blumenthal, LLP --
http://www.carringtoncoleman.com/-- is a 47-year-old Dallas-based
law firm focused on litigation and transactional services in areas
including real estate, oil and gas, securities, construction,
information technology, professional services, health care and
family law, among others.  The firm also represents public entities
and provides counsel in the areas of corporate transactions,
corporate governance, banking, bankruptcy/ restructuring,
intellectual property, employment, and estate planning.


                            *********

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.
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Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
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Monthly Operating Reports are summarized in every Saturday edition
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then-ending.

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                            *********

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
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Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
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Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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