TCR_Public/171227.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 27, 2017, Vol. 21, No. 360

                            Headlines

34 SUGAR D SHACK: Taps Forshey & Prostok as Legal Counsel
444 EAST 13: E. 10th Files Modified Chapter 11 Plan of Liquidation
444 EAST 13: E. 9th Files Modified Chapter 11 Plan of Liquidation
ABILITY NETWORK: Fitch Assigns BB/RR1 Ratings to 1st Lien Loans
ALTIMMUNE: Need to Raise Capital Raises Going Concern Doubt

AMERICAN HOUSING: Needs More Equity to Continue as Going Concern
AMERICAN POWER: Spring Mountain No Longer Owns Shares
APARTMENT INVESTMENT: Fitch Affirms 'BB' Preferred Stock Rating
ARROWHEAD HOLDING: U.S. Trustee Unable to Appoint Committee
ATHENEX INC: Operating Losses Raise Going Concern Doubt

AVAYA INC: Chapter 11 Plan Effective Date December 15
AVENUE SHOPPES: Seeks Authorization to Use Cash Collateral
BANRO CORP: Commences Restructuring Proceedings Under CCAA
BERNARD L. MADOFF: Trustee Requests Allocation of $1.3BB to Fund
BIOSTAGE INC: Reverse Stock Split Took Effect Dec. 22

BLACK SQUARE: U.S. Trustee Unable to Appoint Committee
BRIGHT MOUNTAIN: Reports Q3 Revised Net Loss of $582,000
CAREVIEW COMMUNICATIONS: Cash Covenants Cast Going Concern Doubt
CHARMING CHARLIE: U.S. Trustee Forms 7-Member Committee
CUSTOM STONE: Plan Outline Hearing Set for Jan. 18

DENTON DOUGH: Seeks Authorization to Use FSB Cash Collateral
DIVERSIFIED POWER: Gets Interim Approval to Use Cash Collateral
EDWARD GREENE: Court OK's Bid to Reject Ombudsman Appointment
EMERA INC: Moody's Alters Outlook to Neg., Affirms Ba2 Bonds Rating
EXPERIMENTAL MACHINE: To Allocate Creditor Payments for 61 Months

FARGO TRUCKING: U.S. Trustee Forms Three-Member Committee
FIRST FLIGHT LIMITED: Court Signs Third Interim Consent Order
FISHERMAN'S PIER: DOJ Watchdog Seeks OK of S. Kapila as Trustee
FORESIGHT ENERGY: Submits Re-Entry Plan for Deer Run Mine
FUNKYTOWNMALL.COM: Needs Authority to Access Cash Collateral

GASTAR EXPLORATION: Deregisters $300 Million Unsold Securities
GEORGIA ANESTHESIA: Says Appointment of PCO Not Necessary
GIGA-TRONICS INC: Co-CEO Suresh Nair Resigns as Co-CEO
GOTITAPAK INC: Taps L.A. Morales as Legal Counsel
HOPE-WELL PILOT: Modified Disclosures OK'd; March 28 Plan Hearing

HOT TOPIC: Moody's Lowers CFR to Caa1 on Very High Leverage
ILLINOIS STAR: Hires Alfred E. Sanders as Special Counsel
IMH FINANCIAL: Juniper NVM Has 12.4% Stake as of Dec. 15
INT'L SEAWAYS: Moody's Revises Outlook to Negative; Affirms B3 CFR
ITT EDUCATIONAL: A&G Completes Sale of Daniel Webster College

KADMON HOLDINGS: Recurring Losses Raise Concern Doubt
KIWA BIO-TECH: Incurs $728,000 Net Loss in Third Quarter
KONA GRILL: Debt Covenant Violations Raise Going Concern Doubt
MAMMOET-STARNETH: Hires Richards Layton as Co-Counsel
MAMMOET-STARNETH: Hires Sills Cummis as Co-Counsel

MAYFAIR MILLS: Seeks Court Approval to Access Unclaimed Funds
MEDRISK LLC: Moody's Puts B2 CFR Under Review for Downgrade
MESOBLAST LIMITED: Receives RMAT Designation for MPC Therapy
METROTEK ELECTRICAL: Jan. 16 Joint Hearing on Plan and Disclosures
MJM DEVELOPMENT: Hires Lupo & Associates as Accountant

NAVILLUS TILE: Hires Otterbourg as Litigation Counsel
NELSON DERMATOLOGY: Court Approves First Amended Disclosures
NEWLEAD HOLDINGS: N.Y. Court Awards $22M Damages to TransAsia
NOVABAY PHARMACEUTICALS: Has Stockholder OK for $10M Financing Deal
ORCHARD ACQUISITION: Seeks Permission to Access Cash Collateral

OUTSOURCING STORAGE: Hearing on Disclosures Set for Feb. 22
PAPERWORKS INDUSTRIES: Moody's Cuts CFR to Ca on Restructuring
PHASERX INC: Taps Cowen and Company as Investment Banker
PHASERX INC: Taps Polsinelli as Legal Counsel
PIVOTAL EDUCATIONAL: Cal. App Affirms K. Huynh Dismissal Judgment

PLASTIC2OIL INC: Will Sell Plastic-to-Oil Processors to Veridisyn
PRIMELINE UTILITY: Moody's Puts B3 CFR on Review Amid Vinci Deal
PRO TANK PRODUCTS: Hires Deschenes & Associates as Counsel
PUMA BIOTECHNOLOGY: Needs Financing to Continue as Going Concern
REAL INDUSTRY: Committee Hires Brown Rudnick as Co-Counsel

REAL INDUSTRY: Committee Hires Duane Morris as Delaware Counsel
REAL INDUSTRY: Committee Hires Goldin as Financial Advisor
REAL INDUSTRY: Panel Taps Miller Buckfire as Investment Banker
RED TAPE: Seeks to Hire Guerra & Smeberg as Counsel
REGIS GALERIE: Revised Amended Disclosures Approved

RICEBRAN TECHNOLOGIES: Negative Cash Flows Cast Going Concern Doubt
ROSETTA GENOMICS: Will Seek Shareholder OK of Genoptix Merger Pact
RYCKMAN CREEK: Files 2nd Supplement to Modified Amended Disclosures
S & H ENTERPRISE: Allowed to Use Cash Collateral on Final Basis
SABLE NATURAL: Halls Oppose Plan, First Amended Disclosures

SALON SUPPLY STORE: Seeks Authority to Use Cash Collateral
SHOMARA INC: Hires Ortiz & Ortiz as Counsel
SUNRISE REAL ESTATE: Posts US$5.6 Million Net Income in Q2 2016
SUNSHINE SEATTLE: Hires Wells and Jarvis as Attorney
SUTTON LUMBER: Unsecureds to be Paid in Full at 4.25% Interest

THINK FINANCE: Aurora Management to Serve as Escrow Agent
TIMBERVIEW VETERINARY: Feb. 22 Hearing on Disclosure Statement
TINSELTOWN PARTNERS: Hires Eric N. McKay as Counsel
TOP TIER SITE: Taps T.G. Mayer as Accountant
TOREX GOLD: Lenders Sign Waiver on Liquidity Covenant

UTE MESA LOT 2: Taps Coldwell Banker as Broker
VELOCITY HOLDING: Committee Hires Foley & Lardner as Counsel
VELOCITY HOLDING: Committee Hires Province as Financial Advisor
VELOCITY HOLDING: Committee Hires Whiteford as Delaware Counsel
WALDEN REAL ESTATE: U.S. Trustee Unable to Appoint Committee

WENDY TAYLOR: Jan. 16 Plan Confirmation Hearing
WEST MAIN ENTERPRISES: Jan. 16 Approval Hearing on Plan Outline
WESTINGHOUSE ELECTRIC: Georgia Power No Longer Part of Committee
WHOLELIFE PROPERTIES: Trustee Hires Forshey as Special Counsel
WJA ASSET MANAGEMENT: WJA Secure Taps Elite as Real Estate Broker

WOODBRIDGE GROUP: Hires Gibson Dunn as General Bankruptcy Counsel
WOODBRIDGE GROUP: Hires Young Conaway as Bankruptcy Co-Counsel
WOODBRIDGE GROUP: Moelis Tapped as Investment Banker
WOODBRIDGE GROUP: Province Hired as Expert Consultant
[*] M&A Advisor Announces Winners for Annual Turnaround Awards


                            *********

34 SUGAR D SHACK: Taps Forshey & Prostok as Legal Counsel
---------------------------------------------------------
34 Sugar D Shack LLC seeks approval from the U.S. Bankruptcy Court
for the Northern District of Texas to hire Forshey & Prostok, LLP
as its legal counsel.

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

The firm's hourly rates range from $425 to $625 for partners, $210
to $425 for associates and contract attorneys, and $150 to $195 for
paralegals.

Forshey & Prostok received $2,500 from the Debtor prior to the
petition date in connection with its bankruptcy case.

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

Forshey & Prostok can be reached through:

     Jeff P. Prostok, Esq.
     Suzanne K. Rosen, Esq.
     Forshey & Prostok, LLP
     777 Main St., Suite 1290
     Ft. Worth, TX 76102
     Tel: 817-877-8855
     Fax: 817-877-4151
     Email: jpp@forsheyprostok.com
     Email: jprostok@forsheyprostok.com

                   About 34 Sugar D Shack LLC

34 Sugar D Shack LLC owns a premium pet food processing plant
Hamlin, Texas.  The facility is being operated by an affiliate
LotusWorx, which pays monthly rent to the Debtor to use the
facility.

34 Sugar D Shack sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Texas Case No. 17-44935) on December
4, 2017.  Milli Ta, manager, 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.


444 EAST 13: E. 10th Files Modified Chapter 11 Plan of Liquidation
------------------------------------------------------------------
E. 10th Street Holdings LLC filed with the U.S. Bankruptcy Court
for the Southern District of New York a disclosure statement for
its modified plan of liquidation dated Dec. 12, 2017.

This latest filing provides that all fees and charges assessed
against the Debtor under section 1930 of title 28 of the United
States Code and any interest thereon will be paid by the Debtor, in
full, in Cash by the effective date, and thereafter as and when
due, until the closing, conversion or dismissal of this Case,
whichever is earlier.

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

     http://bankrupt.com/misc/nysb17-23142-32-1.pdf

                    About 444 East 13 LLC

444 East 13 LLC owns and operates a residential apartment building
located at 444 East 13th Street in the east village neighborhood of
Manhattan, New York.  The property is valued at $11 million.

E. 9th St. Holdings owns and operates a residential apartment
building located at 332 East 9th Street in the east village
neighborhood of Manhattan, New York, valued at $8.82 million.
Meanwhile, E. 10th St. Holdings owns and operates a residential
apartment building located at 251 East 10th Street in the east
village neighborhood of Manhattan, New York, which is valued at
$7.5 million.

The properties are encumbered by mortgages to 444 Lender LLC and E.
Village Lender LLC (assigned to Metropolitan Commercial Bank).

E. 9th St. Holdings, E. 10th St. Holdings and 444 East sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Case Nos. 17-23141 to 17-23143) on July 21, 2017.  David
Goldwasser, authorized signatory of GC Realty Advisors LLC, manager
signed the petitions.

Judge Robert D. Drain presides over the cases.  Robinson Brog
Leinwand Greene Genovese & Gluck, P.C. is the bankruptcy counsel.

At the time of the filing, E. 9th St. Holdings listed $8,850,000 in
total assets and $6,020,000 in total liabilities.  E. 10th St.
Holdings listed $7,590,000 in total assets and $3,980,000 in total
liabilities.  444 East 13 LLC disclosed $11,030,000 in total assets
and $8,980,000 in total debts.

The bankruptcy cases filed by the Debtors' affiliates that are
still pending:

                                                  Petition
   Debtor                         Court  Case No.    Date
   -------------------            -----  --------  ---------
   AC I Manahawkin LLC            S.D.N.Y. 14-22793  6/04/14
   AC I Toms River LLC            S.D.N.Y. 16-22023  1/08/16
   BCH Capital LLC                S.D.N.Y. 17-22384  3/15/17
   Cypress Way LLC                S.D.N.Y. 17-22383  3/15/17
   East Village Properties
      LLC, et al.                 S.D.N.Y. 17-22453  3/28/17
   Romad Realty Inc.              S.D.N.Y. 15-20007  9/28/15
   West 41 Property LLC           S.D.N.Y. 16-22393  3/25/16

On November 17, 2017, E. 9th filed its proposed Chapter 11 plan of
liquidation and disclosure statement.


444 EAST 13: E. 9th Files Modified Chapter 11 Plan of Liquidation
-----------------------------------------------------------------
E. 9th Street Holdings LLC filed with the U.S. Bankruptcy Court for
the Southern District of New York a disclosure statement for its
modified plan of liquidation dated Dec. 12, 2017.

This latest filing provides that all fees and charges assessed
against the Debtor under section 1930 of title 28 of the United
States Code and any interest thereon will be paid by the Debtor, in
full, in Cash by the effective date, and thereafter as and when
due, until the closing, conversion or dismissal of this Case,
whichever is earlier.

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

     http://bankrupt.com/misc/nysb17-23141-36-1.pdf

                    About 444 East 13 LLC

444 East 13 LLC owns and operates a residential apartment building
located at 444 East 13th Street in the east village neighborhood of
Manhattan, New York.  The property is valued at $11 million.

E. 9th St. Holdings owns and operates a residential apartment
building located at 332 East 9th Street in the east village
neighborhood of Manhattan, New York, valued at $8.82 million.
Meanwhile, E. 10th St. Holdings owns and operates a residential
apartment building located at 251 East 10th Street in the east
village neighborhood of Manhattan, New York, which is valued at
$7.5 million.

The properties are encumbered by mortgages to 444 Lender LLC and E.
Village Lender LLC (assigned to Metropolitan Commercial Bank).

E. 9th St. Holdings, E. 10th St. Holdings and 444 East sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Case Nos. 17-23141 to 17-23143) on July 21, 2017.  David
Goldwasser, authorized signatory of GC Realty Advisors LLC, manager
signed the petitions.

Judge Robert D. Drain presides over the cases.  Robinson Brog
Leinwand Greene Genovese & Gluck, P.C. is the bankruptcy counsel.

At the time of the filing, E. 9th St. Holdings listed $8,850,000 in
total assets and $6,020,000 in total liabilities.  E. 10th St.
Holdings listed $7,590,000 in total assets and $3,980,000 in total
liabilities.  444 East 13 LLC disclosed $11,030,000 in total assets
and $8,980,000 in total debts.

The bankruptcy cases filed by the Debtors' affiliates that are
still pending:

                                                  Petition
   Debtor                         Court  Case No.    Date
   -------------------            -----  --------  ---------
   AC I Manahawkin LLC            S.D.N.Y. 14-22793  6/04/14
   AC I Toms River LLC            S.D.N.Y. 16-22023  1/08/16
   BCH Capital LLC                S.D.N.Y. 17-22384  3/15/17
   Cypress Way LLC                S.D.N.Y. 17-22383  3/15/17
   East Village Properties
      LLC, et al.                 S.D.N.Y. 17-22453  3/28/17
   Romad Realty Inc.              S.D.N.Y. 15-20007  9/28/15
   West 41 Property LLC           S.D.N.Y. 16-22393  3/25/16

On November 17, 2017, E. 9th filed its proposed Chapter 11 plan of
liquidation and disclosure statement.


ABILITY NETWORK: Fitch Assigns BB/RR1 Ratings to 1st Lien Loans
---------------------------------------------------------------
Fitch Ratings has assigned ABILITY Network Inc.'s senior secured
first-lien and second-lien debt final ratings of 'BB/RR1' and
'CCC+/RR6', respectively. The final ratings are the same as the
expected ratings assigned on Dec. 1, 2017 and follow the receipt of
documents conforming to information previously received regarding
the company's leveraged recapitalization. The ratings apply to $525
million of outstanding debt and a $20 million revolving credit
facility (RCF), with issue-specific-ratings noted below. Fitch
currently rates ABILITY's Issuer Default Rating (IDR) 'B'. The
Rating Outlook is Stable.

KEY RATING DRIVERS

Durable Revenue Stream/Niche Segment: ABILITY is a provider of
cloud-based software for healthcare providers, with a product suite
focused on workflow solutions. The majority of revenues are derived
from subscription-based software sales, and this provides good
visibility into the future revenue stream. Fitch believes the
stickiness of ABILITY's revenues is supported by a lack of customer
concentration and a high historical retention rate. While Fitch
does not believe switching costs for healthcare IT customers are
particularly high, ABILITY's value proposition related to the
company's network service vendor relationships with Medicare
Administrative Contractors (MACs) should support customer
retention.

High EBITDA Margins: ABILITY generates high operating EBITDA
margins that are better than healthcare IT segment peers, and also
demonstrates good FCF conversion. High margins are due to some
favorable attributes of the business model, including relatively
low R&D intensity and a low-cost go-to-market approach that
involves a web-based sales and product implementation strategy.
Fitch believes these advantages are sustainable. R&D spend should
be relatively predictable and consistent, since ABILITY's product
suite is well developed and comprehensive with offerings dedicated
to each of the end markets the company targets.

Good Customer Value Proposition: The low price point of ABILITY's
products should provide opportunities to expand and support the 2%
organic pricing growth assumption in Fitch's rating case. The
company's healthcare provider customers are facing headwinds to
volumes and profitability due to a combination of factors that are
encouraging patients and payors to seek care in lower-cost
settings, particularly in the acute and post-acute segments. Fitch
believes that the low-cost nature of ABILITY's products makes them
less susceptible to cost cutting and containment initiatives by
healthcare providers, but industry headwinds could influence growth
of new customers.

High Leverage Post Transaction: Fitch expects ABILITY will
initially be levered 8x pro forma for the recapitalization and
dividend to its shareholders. Leverage is expected to gradually
decline through 2020 to below 7x. Fitch calculates leverage on a
gross debt/EBITDA basis and does not include all of the add-backs
that are allowed under the terms of the credit agreement. This is
the first time that Summit Partners, ABILITY's main private-equity
sponsor, has extracted equity since a 2014 buyout, and the balance
sheet improved materially following that transaction.

DERIVATION SUMMARY

ABILITY Network's 'B' IDR reflects the company's favorable
operating profile in comparison to healthcare IT segment peers
including Cerner Corp., AthenaHealth Inc., Allscripts Healthcare
Solutions, Medassets Inc., Omnicell Inc., Quality Systems Inc.,
Computer Programs & Systems, Epocrates LLC and Healthstream Inc.
(none of these companies are currently rated by Fitch). ABILITY has
higher margins than this group because of a low-cost go-to-market
strategy and lower intensity of R&D expenditures. The 'B' IDR also
reflects ABILITY's weaker financial profile relative to this peer
group, with a highly leveraged balance sheet pro forma for the
leveraged recapitalization.

KEY ASSUMPTIONS

Fitch's key assumptions within Fitch rating case for the issuer
include:
- Mid- to high-single-digit annual revenue growth, with about
   1% contributed by acquisitions and the rest driven by
   contracted revenue growth;
- Contracted revenue growth assumption based on 2.0%-2.5% growth
   in pricing, 92% retention of existing contracts and high-
   single-digit growth in new contracts and existing contract
   upsells;
- Operating EBITDA margins sustain around 46%;
- Capital intensity steady at 5.5%;
- No additional dividend payments and FCF margins sustain above
   10%;
- FCF split between small, tuck-in type M&A and term loan
   repayments (including 1% required amortization of first-lien
   term loan);
- Leverage (total debt/EBITDA) of 8.0x pro forma for the
   leveraged recapitalization, declining to 6.6x by the end of
   2020.

RATING SENSITIVITIES

Future Developments That May, Individually or Collectively, Lead to
Positive Rating Action
- An expectation for leverage (total debt/EBITDA) sustained at
   or below 5x;
- An expectation for operating EBITDA margin sustained above
   50% and FCF margin sustained above 15%;
- Fitch does not envision positive momentum at this time, as
   achieving leverage of 5x by the end of 2020 would require
   double-digit growth in revenues through the forecast period
   and a significant amount of FCF applied to debt repayment.

Future Developments That May, Individually or Collectively, Lead to
Negative Rating Action
- An expectation of flat EBITDA through the forecast period;
- An expectation for operating EBITDA margins of around 40% and
   FCF margin approaching breakeven in 2020;
- An expectation for leverage (total debt/EBITDA) sustained at
   or above 8x.

LIQUIDITY

Decent Coverage Despite Higher Leverage:  Fitch forecasts
EBITDA/interest paid of about 1.8x through the forecast period,
adequate relative to the 'B' rating. As a result of the lower cost
of debt capital, cash interest expense is only expected to be $8
million higher than prior to the transaction.

Maturities Not a Credit Concern: As a result of the transaction,
ABILITY extended the term loan maturities to 2024-2025. Annual
amortization is limited to 1% of the first-lien term loan principal
amount, which can be funded with FCF generation in the ratings
case. ABILITY's liquidity position will be further supported by the
expectation of a decent balance of unrestricted cash after the
recapitalization and the expectation for continued positive FCF.
Fitch expects the company will be able to position itself to
refinance the remaining debt before maturity given the ability to
reduce leverage and a decent operating outlook.

Fitch notes that the financial covenant only applies to the RCF.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following ratings:

ABILITY Network Inc.

-- Senior first-lien secured revolver at 'BB/RR1';
-- Senior first-lien secured term loan at 'BB/RR1';
-- Senior second-lien term loan at 'CCC+/RR6'.

Fitch also maintains the following rating:

-- Long-Term Issuer Default Rating at 'B';

The Rating Outlook is Stable.

Recovery Assumptions

The 'BB/RR1' rating for ABILITY's $20 million revolver and $375
million first-lien term loan reflect recovery of 94% of the
outstanding principal amount in a hypothetical bankruptcy scenario;
the 'CCC+'/'RR6' rating on the $150 million second-lien term loan
reflects recovery of 2%. The claims waterfall assumes:

-- Full draw of the $20 million revolver available balance;
-- 10% deduction from enterprise value (EV) for administrative
    claims;
-- 1% concession payment made by the first-lien lenders for the
    benefit of the second lien lenders.
-- Fitch estimates an EV on a going-concern basis of $374 million
    for ABILITY after deduction of administrative claims. The EV
    assumption is based on post-reorganization EBITDA of $59
    million and a 7x recovery EBITDA multiple.

The post-reorganization EBITDA estimate is 10% lower than Fitch's
2017 EBITDA forecast of $66 million. This assumes that
deterioration in cash flow precipitated by underinvestment in the
business is ameliorated post-reorganization by corrective actions
taken to restore competitiveness of the company's software product
offerings.

In its 13th edition "Bankruptcy Enterprise Values and Creditor
Recoveries" case study, Fitch notes seven past reorganizations in
the technology sector where the median recovery multiple was 4.9x.
Of these companies, only two were in the software subsector: Allen
Systems Group, Inc. and Aspect Software Parent, Inc., which
realized recovery multiples of 8.4x and 5.5x, respectively. Fitch
believes the Allen Systems Group, Inc. reorganization is highly
supportive of the 7.0x multiple assumed for ABILITY given similar
product profiles, as both are providers of specialty software to a
niche client base where market shares are defendable.

Current public company trading multiples (average of 18.1x for a
group of public healthcare IT peers) and historical transaction
multiples (19.0x median for software companies acquired since 2006)
also inform the 7.0x estimate; Fitch believes ABILITY would receive
a lower recovery multiple than these reference points given an
assumption that stressed operations lead to the recovery scenario.


ALTIMMUNE: Need to Raise Capital Raises Going Concern Doubt
-----------------------------------------------------------
Altimmune, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $29,905,237 on $4,591,940 of total revenue
for the three months ended September 30, 2017, compared with a net
loss of $4,795,059 on $901,039 of total revenue for the same period
in 2016.

At September 30, 2017, the Company had total assets of $74.35
million, total liabilities of $17.28 million, series B redeemable
convertible preferred stock of $8.24 million, and $48.83 million in
total stockholders' equity.

The Company has experienced recurring losses in past years and
incurred a net loss of $37,594,401 and used $15,407,930 in cash to
fund operations during the nine months ended September 30, 2017,
and had an accumulated deficit of $68,853,850 as of September 30,
2017.  The Company expects to incur additional losses in the future
in connection with our research and development activities. Since
inception, the Company has financed its activities principally from
the issuance of equity and debt securities and the receipt of
proceeds from research grants and government contracts.

The Company's ability to continue as a going concern is dependent
upon its ability to raise additional debt and equity capital.
There can be no assurance that such capital will be available in
sufficient amounts or on terms acceptable to them.  These factors
raise substantial doubt about the Company's ability to continue as
a going concern.

A copy of the Form 10-Q is available at:

                       https://is.gd/AUrKlw

                       About Altimmune, Inc.

Altimmune, Inc., formerly Pharmathene, Inc., is a clinical-stage
immunotherapeutic company.  The Company focuses in development of
medical counter measures against biological and chemical threats.
The Gaithersburg, Md.-based Company is involved in development of
two next generation anthrax vaccines. It has two proprietary
platform technologies, RespirVec and Densigen.


AMERICAN HOUSING: Needs More Equity to Continue as Going Concern
----------------------------------------------------------------
American Housing Income Trust, Inc., filed its quarterly report on
Form 10-Q, disclosing a net loss of $1,548,126 on $175,695 of total
revenue for the three months ended September 30, 2016, compared
with a net loss of $1,124,089 on $133,444 of total revenue for the
same period in 2015.

For the nine months ended September 30, 2016, the Company recorded
a net loss of $4,290,611 on $503,210 of total revenue, compared to
a net loss of $2,291,653 on $327,190 of total revenue for the same
period in the prior year.

At September 30, 2016, the Company had total assets of $12.05
million, total liabilities of $6.01 million, and $6.04 million in
total stockholders' equity.

The Company has never paid any dividends and is unlikely to pay
dividends in the immediate or foreseeable future.  The continuation
of the Company as a going concern is dependent upon the continued
financial support from its stockholders, the ability of the Company
to obtain necessary equity financing to continue operations, and
the attainment of profitable operations.  During the nine months
ended September 30, 2016, the Company incurred a net loss of
$4,290,611, and as at September 30, 2016, the Company has
accumulated losses of $12,285,258 since inception.  These factors
raise substantial doubt regarding the Company's ability to continue
as a going concern.

A copy of the Form 10-Q is available at:

                       https://is.gd/bNgiAU

                About American Housing Income Trust

Phoenix, Ariz.-based American Housing Income Trust, Inc., is in the
business of acquiring and operating residential properties.  As of
September 30, 2016, the Company holds title to 54 residential
properties and 1 commercial property.



AMERICAN POWER: Spring Mountain No Longer Owns Shares
-----------------------------------------------------
SMC Select Co-Investment Fund I, LP, SMC Reserve Fund II, LP, SMC
Reserve Fund II Offshore, LP, SMC Employees Partnership, SMC Select
Co-Investment I GP, LLC, SMC Private Equity Holdings G.P., LLC, SMC
Private Equity Holdings, LP, Spring Mountain Capital G.P., LLC,
Spring Mountain Capital, LP, Spring Mountain Capital, LLC and
Messrs. John L. Steffens and Gregory P. Ho have jointly filed a
final amendment to their Schedule 13D with the Securities and
Exchange Commission.

On Dec. 19, 2017, the Reporting Persons sold in a private
transaction a sufficient number of securities so that they ceased
to be the beneficial owners of more than five percent of the Common
Stock of American Power Group.

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

                    https://is.gd/3dI4Ep

                  About American Power Group

Based in Lynnfield Massachusetts, American Power Group's
alternative energy subsidiary, American Power Group, Inc. --
http://www.americanpowergroupinc.com/-- provides cost effective
products and services that promote the economic and environmental
benefits of its alternative fuel and emission reduction
technologies.  The Company's patented Turbocharged Natural Gas Dual
Fuel Conversion Technology is a unique non-invasive software driven
solution that converts existing vehicular and stationary diesel
engines to run concurrently on diesel and various forms of natural
gas including compressed natural gas, liquefied natural gas,
conditioned well-head/ditch gas or bio-methane gas with the
flexibility to return to 100% diesel fuel operation at any time.
Depending on the fuel source and operating profile, the Company's
EPA and CARB approved dual fuel conversions seamlessly displace 45%
to 65% of diesel fuel with cleaner burning natural gas resulting in
measurable reductions in nitrogen oxides (NOx) and other
diesel-related emissions.

American Power reported a net loss available to common stockholders
of $10.40 million on $1.86 million of net sales for the year ended
Sept. 30, 2016, compared to a net loss available to common
stockholders of $1.04 million on $2.95 million of net sales for the
year ended Sept. 30, 2015.  As of June 30, 2017, American Power had
$5.82 million in total assets, $12.08 million in total liabilities
and a total stockholders' deficit of $6.26 million.

Schechter Dokken Kanter Andrews & Selcer, Ltd., in Minneapolis,
Minnesota, issued a "going concern" qualification on the
consolidated financial statements for the year ended Sept. 30,
2016, citing that the Company has suffered recurring losses from
operations and has a net capital deficiency that raises substantial
doubt about its ability to continue as a going concern.


APARTMENT INVESTMENT: Fitch Affirms 'BB' Preferred Stock Rating
---------------------------------------------------------------
Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of
Apartment Investment and Management Company (NYSE: AIV) and its
operating partnership, AIMCO Properties, L.P. (collectively AIMCO)
at 'BBB-'. Fitch also assigns a 'BBB-' rating to AIV's term loan,
which is co-issued by AIMCO Properties, L.P. and Apartment
Investment and Management Company. The Rating Outlook is Stable.  

KEY RATING DRIVERS

Key factors supporting the ratings include the expected material
improvement in leverage in following the pair-trade disposition of
assets and repayment of the term loan facility related to the
Palazzo acquisition as well as the creation of a sizable pool of
unencumbered assets. Balancing these strengths are the
below-average financial flexibility relative to peers resulting
from the small absolute size of the company's unencumbered pool and
fewer capital sources given the secured-only borrowing strategy.

LEVERAGE EXPECTED TO STABILIZE POST PALAZZO

Fitch expects AIV to maintain leverage between 6x-7x through
business cycles, likely trending towards the lower end of the range
through 2019 given Fitch expectation for positive albeit
decelerating fundamentals. AIV reduced leverage from a peak of 9.2x
at Dec. 31, 2010 to 6.7x at Dec. 31, 2016 and 7.2x for the trailing
12 months (TTM) ended Sept. 30, 2017. Asset sales, market-driven
recurring operating EBITDA growth and equity issuance have driven
the improvement. Fitch expects leverage to settle around mid-6x
following the pair-trade dispositions related to the minority
interest acquisition in the Palazzo communities in June 2017.
Leverage excluding non-recourse property debt and associated EBITDA
related to AIV's asset management business was 7.0x as of the
quarter ending Sept. 30, 2017.

Fixed-charge coverage (FCC) has also improved, and Fitch expects
modest improvements through 2019 to remain above 2.5x as compared
to 2.6x for 2016, 2.3x for 2015, 2.1x for 2015 and 1.9x for 2014.

ASSET UNENCUMBRANCE SUPPORTS RATINGS

AIV had an unencumbered pool totalling 28 properties (or 20% of all
consolidated properties) with an estimated stressed value of
approximately $1.15 billion at Nov. 30, 2017 assuming an 8%
stressed capitalization rate of its TTM unencumbered net operating
income (NOI). Growth in the company's unencumbered pool was a
primary driver behind the upgrade in 2015. AIV had only three
unencumbered properties when Fitch initiated ratings in 2Q'13. The
pool provides adequate contingent liquidity coverage to the
generally small and episodic amounts of recourse debt from
borrowings under AIV's revolving credit facility.

The pool's value exceeds the full $600 million available under the
company's secured revolver, though not quite by the 2x coverage of
total unsecured debt that is common within Fitch's investment-grade
rated REIT portfolio. A line balance of that magnitude is not
within Fitch's expectations and if it were to occur could result in
negative rating momentum, absent growth in the unencumbered pool.
The size of the pool continues to comprise only a small fraction of
the overall portfolio.

AIV's unencumbered asset coverage of its credit facility was 1.9x
assuming a fully drawn revolver and 3.2x given the 3Q17 credit
facility balance. Historically, coverage was 9.6x and 15.5x based
on the average revolver balance since 1999 and 2009, respectively.

UNCOMMON BORROWING STRATEGY FOR RATED REIT ISSUER

AIV has a publicly stated strategy of primarily financing via
asset-level non-recourse amortizing mortgages, which is common for
REITs generally given the depth of the commercial real estate
mortgage market but uncommon for investment-grade rated REITs. The
implications of AIV's strategy are mixed. The lack of recourse
debt, save for periodic and modest draws on the line of credit,
reduces the probability of a default, while the unencumbered pool
improves recovery prospects in the unlikely event of a default.
Conversely, maintaining investment-grade ratings may be a lower
priority for AIV given fewer commercial incentives to do so. AIV's
lack of unsecured financing optionality further reduces the
company's financial flexibility.

The corporate rating has only an indirect effect on access to
capital. AIV does not plan to issue long-term unsecured debt;
further, sponsor quality plays a less critical role in mortgage
lender underwriting and has limited effect on interest expense (and
therefore funds from operations and net income), as rating changes
would only impact line of credit pricing.

AVERAGE PORTFOLIO QUALITY, IMPROVING
AIV's portfolio quality continues to improve as the company
disposes of its affordable segment and recycles capital from weaker
assets (principally those in markets with below-average
demographics or limited constraints on new supply) and into higher
quality assets via its pair-trade strategy that identifies a
specific disposition to offset any acquisition. For example,
acquisitions in 2016 had average per-unit rents averaging $4,130
per month upon stabilization as compared to dispositions at $1,412
per month.

Fitch views AIV's portfolio as average relative to its public peers
when measured by average rent per unit, enterprise value per unit
and implied cap rate. Nonetheless, many of the public peers are
rated 'BBB+' or in the 'A' category, thus indicating that in
isolation from all other credit factors, AIV's portfolio quality
alone would be consistent with a higher rating.

STABLE OUTLOOK

The Stable Outlook reflects Fitch's expectation that while key
metrics and portfolio quality may continue to be enhanced on the
margin, the majority of the improvements have been completed.
Moreover, absent a material balancing between the unencumbered and
encumbered pools, positive momentum in the ratings is unlikely.

PREFERRED STOCK NOTCHING

The two-notch differential between AIV's IDR and preferred stock
rating is consistent with Fitch's criteria for corporate entities
with an IDR of 'BBB-'. Based on Fitch criteria in 'Non-Financial
Corporates Hybrids Treatment and Notching Criteria', dated April
27, 2017 and available at www.fitchratings.com, these preferred
securities are deeply subordinated and have loss absorption
elements that would likely result in poor recoveries in the event
of a corporate default.

DERIVATION SUMMARY

AIV's secured borrowing strategy is uncommon not only amongst
investment grade REITs, but also renders it the only multifamily
investment grade equity REIT that implements this strategy. AIV's
portfolio is generally located along coastal U.S. with pockets in
major inland metropolitan cities, most closely geographically
resembling peers, Essex Property Trust (BBB+/Stable) and Equity
Residential (A/Stable). AIV's portfolio's quality has improved over
the years, and Fitch generally considers it on par with most other
higher rated multifamily peers. AIMCO will still be the highest
levered multifamily REIT following the planned pair-trade
dispositions, with peers maintaining some of the strongest balance
sheets since the financial crisis. Fitch links and synchronizes the
IDRs of the parent REIT and subsidiary operating partnership, as
the entities operate as a single enterprise with strong legal and
operational ties.

KEY ASSUMPTIONS

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

-- Mid-single digit SSNOI growth in 2017 followed by gradually
    deceleration of apartment fundamentals leading to annual low-
    single digit SSNOI growth over the next two to three years;
-- Leverage settles around the mid-6x range following the planned

    pair-trade dispositions related to the Palazzo acquisition;
-- Maintenance of secured strategy with a majority of secured
    debt being refinanced.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action
The ratings assume no change to AIV's financing strategy and that
AIV will not have recourse debt beyond normal use of its revolving
credit facility and term loan. A change or expected change in
financing strategy could result in a change to the ratings and/or
Outlook.

Moreover, Fitch does not envision positive momentum in the ratings
and/or Outlook given the relative size of the unencumbered pool and
Fitch's expectation that AIV will not access the unsecured bond
market, in contrast to all other investment-grade rated REITs.
However, the issuer's asset class and portfolio quality are
consistent with higher ratings if matched with material
improvements to contingent liquidity and financial flexibility via
an expansion in the unencumbered pool and access to the unsecured
bond market.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action
-- Fitch's expectation of leverage sustaining above 7.5x (7.2x as

    of TTM Sept. 30, 2017);
-- Fitch's expectation of fixed-charge coverage sustaining below
    2.0x (2.6x for the TTM ended Sept. 30, 2017);
-- The encumbrance of or a material deterioration in the value of

    the unencumbered asset pool.

LIQUIDITY

WELL-LADDERED DEBT MATURITIES BUT LIQUIDITY DEFICIT
AIV maintains sufficient liquidity driven by its staggered debt
maturities, and conservative dividend payout policies.
Approximately 19% of AIV's non-recourse real estate segment
property debt will be repaid via amortization, thereby reducing
refinancing risk. In addition, AIV's dividends have comprised
65%-75% of adjusted funds from operations (AFFO) and 85%-95% of
AFFO after mortgage amortization, which allows the company to
retain meaningful amounts of internally generated liquidity.

However, AIV is projected to operate with a liquidity deficit
(0.8x) for the period Oct. 1, 2017 through Dec. 31, 2018, assuming
no access to external capital. This deficit is driven principally
by development and redevelopment expenditures and higher borrowings
under the revolving credit facility, though Fitch expects AIV will
manage through via refinancing mortgages and receipt of subsequent
incremental proceeds and additional asset sales. As AIV's mortgages
have significant amortization, they typically mature with
below-market loan-to-value ratios, thus incremental proceeds upon
refinancing are probable. Under the scenario where AIV refinances
80% of its secured debt, AIV is projected to operate with a
liquidity surplus (1.5x) through the same period. Fitch defines
liquidity coverage as sources (unrestricted cash, availability
under the $600 million revolving credit facility due 2022,
committed and undrawn construction financing and retained cash flow
from operations after dividends) to uses (debt maturities and
amortization, remaining development and redevelopment expenditures
and recurring maintenance capital expenditures).

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:
Apartment Investment and Management Company
-- Issuer Default Rating (IDR) at 'BBB-';
-- Secured revolving credit facility at 'BBB-';
-- Preferred stock at 'BB'.

AIMCO Properties, L.P.
-- IDR at 'BBB-';
-- Secured revolving credit facility at 'BBB-'.

Fitch has also assigned the following ratings:
Apartment Investment and Management Company
-- Secured term loan 'BBB-'.

AIMCO Properties, L.P.
-- Secured term loan 'BBB-'.

The Rating Outlook for both entities is Stable.


ARROWHEAD HOLDING: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
The Office of the U.S. Trustee on Dec. 19 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 cases of Arrowhead Holding Company,
Inc., and its affiliates.

               About Arrowhead Holding Company Inc.

Arrowhead Holding Company, Inc., serves as the umbrella company for
Arrowhead R V Sales, Inc., and Arrowhead Campsites, Inc.  Arrowhead
R V is in the business of motor vehicle dealership.

Arrowhead Holding, Arrowhead R V and Arrowhead Campsites sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Fla. Case Nos. 17-40517 to 17-40519) on Nov. 17, 2017.
Jacqueline Leigh Reddoch, president, signed the petition.  

Allen P. Turnage, Esq., at the Law Office of Allen P. Turnage
serves as the Debtors' legal counsel.

At the time of the filing, the Debtor disclosed that it had
estimated assets of $1,000,001 to $10 million and liabilities of
less than $50,000.


ATHENEX INC: Operating Losses Raise Going Concern Doubt
-------------------------------------------------------
Athenex, Inc., filed its quarterly report on Form 10-Q, disclosing
a net loss of $23.31 million on $13.99 million of total revenue for
the three months ended September 30, 2017, compared with a net loss
of $24.66 million on $5.62 million of total revenue for the same
period in 2016.

At September 30, 2017, the Company had total assets of $148.76
million, total liabilities of $33.86 million, and $114.90 million
in total stockholders' equity.

The Company has incurred operating losses since its inception and,
as a result, as of December 31, 2016 and September 30, 2017 had an
accumulated deficit of $195.1 million and $298.0 million,
respectively.  Operations have been funded primarily through the
sale of common stock and convertible bonds and, to a lesser extent,
through revenue generated from our Global Supply Chain Platform and
Commercial Platform.  The Company will require significant
additional funds in order to conduct clinical trials and to fund
its operations.  There can be no assurances, however, that
additional funding will be available on favorable terms, or at all.
If adequate funds are not available, the Company may be required
to delay, modify, or terminate its research and development
programs or reduce its planned commercialization efforts.  The
Company believes that it will be able to obtain additional working
capital through equity financings or other arrangements to fund
operations.  If the Company is unable to obtain such additional
financing, the Company will need to reevaluate future operating
plans.  Accordingly, there is substantial doubt regarding the
Company's ability to continue as a going concern.

A copy of the Form 10-Q is available at:

                       https://is.gd/los4oO

                        About Athenex, Inc.

Athenex, Inc., is an oncology pharmaceutical company focused on the
development and commercialization of therapies for cancer diseases
and supportive therapies.  The Company's technology platform is
organized into three categories, including Oral Absorption
Platform, Src Kinase Inhibitors and Symptom Therapeutics.


AVAYA INC: Chapter 11 Plan Effective Date December 15
-----------------------------------------------------
The effective date of the second amended joint Chapter 11 plan of
reorganization of Avaya Inc. and its debtor-affiliates occurred on
Dec. 15, 2017.

All final request for payment of professional fee claims must be
filed with the U.S. Bankruptcy Court for the Southern District of
New York no later than Feb. 13, 2018, which is the first business
day that is 60 days after the plan effective date.

As reported by the Troubled Company Reporter on Dec. 13, 2017, the
Court issued an order confirming Avaya's Second Amended Joint
Chapter 11 Plan of Reorganization.  The Plan provides holders of
first-lien debt with 90.5% of stock in the reorganized company and
holders of second-lien notes with a pro rata share of 4% of stock
and warrants for an additional 5.1% of the shares.  Avaya projects
to have approximately $2.925 billion of funded debt and a $300
million senior secured asset-based lending facility available upon
emergence from Chapter 11 protection.

The Debtors filed their joint Chapter 11 plan of reorganization on
April 13, 2017.

                        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.

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.


AVENUE SHOPPES: Seeks Authorization to Use Cash Collateral
----------------------------------------------------------
Avenue Shoppes, LLC, asks the U.S. Bankruptcy Court for the Middle
District of Florida for authorization on its use of cash collateral
to pay ordinary and necessary expenses based on the budget.

The Debtor asserts that if it is not allowed to access the cash
collateral, then Debtor will not have funds to operate or pay
expenses, including utilities, thereby resulting in immediate and
irreparable harm to the value of Debtor's business. The Debtor's
proposed monthly budget provides total expenses in the aggregate
amount of $13,036.

The Debtor projects that its business can be operated on a
profitable basis such that in the ordinary course of business more
cash collateral will be generated. As such, the Debtor believes
that the use of the cash collateral will provide the Debtor with a
reasonable opportunity for reorganization under Chapter 11 which
will maximize the value of its business.

The Debtor is attempting to obtain the consent of creditors with an
interest in cash collateral. However, the Debtor is uncertain if
such consent can be obtained on an expedited basis.

The Debtor believes that Arena Limited SPV, LLC may assert claims
secured by a lien against property of the estate, including cash
collateral, in the approximate amount of $5.35 million, secured by
mortgage, security agreement, assignment of leases and rents.

The interests of Arena Limited will be adequately protected by: (a)
the reporting requirements; (b) lien on cash collateral after the
Petition Date to the same extent and with the same validity and
priority as the lien held by Arena Limited prior to the Petition
Date; (c) maintenance of the Debtor's business; and (d) increased
value of the Debtor's business as a result of reorganization.

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

                http://bankrupt.com/misc/flmb17-07663-8.pdf

The Budget is available at:

          http://bankrupt.com/misc/flmb17-07663-8-bgt.pdf

                      About Avenue Shoppes

Avenue Shoppes, LLC, is a privately held company in Windermere,
Florida, engaged in the business of real estate leasing. The
company's principal assets are located at 8204 Crystal Clear Lane
Orlando, FL 32809.  Avenue Shoppes previously sought bankruptcy
protection (Bankr. M.D. Fla. Case No. 11-02836) on March 1, 2011.
The company is an affiliate of International Shoppes, LLC, which
also filed for Chapter 11 bankruptcy protection (Bankr. M.D. Fla.
Case No. 17-07549) on Dec. 4, 2017.

Avenue Shoppes filed a Chapter 11 petition (Bankr. M.D. Fla. Case
No. 17-07663), on Dec. 8, 2017.  Abdul Mathin, chief restructuring
officer, signed the petition.  The Debtor is represented by David R
McFarlin, Esq., at Fisher Rushmer, P.A.  At the time of filing, the
Debtor estimated $1 million to $10 million in assets and $10
million to $50 million in liabilities.


BANRO CORP: Commences Restructuring Proceedings Under CCAA
----------------------------------------------------------
Banro Corporation (NYSE American:BAA)(TSX:BAA) on Dec. 22, 2017,
disclosed that Banro Corporation and its Barbados based
subsidiaries have commenced restructuring proceedings under the
Companies' Creditors Arrangement Act ("CCAA") pursuant to an
initial order granted by the Ontario Superior Court of Justice
(Commercial List) (the "Court") on Dec. 22, 2017 (the "Initial
Order").  Pursuant to the Initial Order, the Company has obtained
protection from its creditors under the CCAA for an initial period
expiring Jan. 19, 2018, and approval of interim financing of up to
US$20 million.  The Company also disclosed that it has entered into
a support agreement (the "Support Agreement") with major
stakeholders representing in excess of 74% of claims for the
support of a recapitalization plan (the "Recapitalization Plan") to
be implemented by the end of March or mid-April 2018, in the event
that a superior transaction is not identified and implemented under
a CCAA court-approved sales and investment solicitation process
(the "SISP") anticipated to commence on or around January 22,
2018.

The key features of the Recapitalization Plan pursuant to the
Support Agreement include: (i) an exchange of certain parity lien
debt, including the amounts owing under the US$197.5 million 10.00%
secured notes due March 1, 2021, the Company's US$10 million dore
loan and the US$20 million gold forward sale agreement for
production at the Company's Namoya mine, for all of the equity of
restructured Banro (subject to dilution on account of certain
equity warrants to be issued as discussed below); (ii) consensual
amendment of priority lien debt and streaming obligations held by
Baiyin International Investment Ltd ("Baiyin") and Gramercy Funds
Management LLC ("Gramercy") or related parties of those entities,
including deferrals or partial forgiveness of certain obligations
owing thereunder; (iii) compromising certain unsecured claims at
Banro for nominal consideration; and (iv) a cancellation of all
existing equity of Banro and any and all equity related claims.  A
copy of the Support Agreement (and detailed recapitalization term
sheet) can be found on Banro's SEDAR profile.

All debt and other obligations of Banro within the Democratic
Republic of the Congo (the "DRC") will be unaffected under the
Recapitalization Plan.  It is expected that the Company's
operations in the DRC will continue in the ordinary course of
business and that obligations to DRC lenders, employees and key
suppliers of goods and services, both during the CCAA proceedings
and after the reorganization is completed, will continue to be met
on an ongoing basis.  To enable the Company to maintain normal
business operations, the Initial Order provides a stay of certain
creditor claims and the exercise of contractual rights arising out
of the CCAA process.

The Company also announced that, in order to provide additional
liquidity for the Company's operations, the Company has agreed with
certain affiliates of Baiyin and funds and accounts managed by
Gramercy to continue to defer certain gold deliveries that would
otherwise be due to Gramercy and such Baiyin affiliates
(collectively, the "Gold Forward Deferrals") under gold purchase
and sale agreements until June 30, 2019 . The amounts deferred are
estimated to provide US$30.9 million of liquidity relief to the
Company through mid-2019.  In addition, the gold streaming
agreements between Banro, Gramercy and Baiyin will be amended to
modify the terms (collectively, the "Gold Stream Forgiveness") to
increase the proceeds to Banro from gold delivered under these
agreements from US$150 per ounce to the then prevailing gold price
for the first 200,000 ounces of production delivered at each mine
from January 1, 2018 (equal to 22,000 ounces for Twangiza and
16,660 ounces for Namoya), in exchange for a maximum amount of 8%
of the fully-diluted equity of reorganized Banro (depending on
go-forward production levels and gold prices through the relevant
period), effectively forgiving over an estimated US$42.5 million of
obligatory deliveries through mid-2019, after which the proceeds to
Banro from each delivery under the agreements will revert to US$150
per ounce.  An additional amount of approximately US$8.9 million of
stream deliveries previously deferred will be further deferred to
late-2019.  The Gold Forward Deferrals and Gold Stream Forgiveness
will terminate if the CCAA proceedings terminate for any reason
other than the implementation of the Recapitalization Plan.

The Company has also received commitments from Baiyin and Gramercy
for up to US$20 million in interim financing to support its
continued operations, which interim financing was approved by the
Court in the Initial Order (the "DIP Facility").  Funding under the
DIP Facility is subject to the satisfaction of a number of
conditions precedent, including the receipt of approvals from the
relevant subdivision of the Government of the People's Republic of
China, which is also a condition precedent to effectiveness of the
Support Agreement.  Subject to the satisfaction of these conditions
precedent, the DIP Facility is expected to be available to the
Company by the third week of January 2018 to provide liquidity to
support the Company's business during the CCAA proceedings.

Pursuant to the SISP process contemplated by the Support Agreement,
if approved by the Court, interested parties will be given an
opportunity to acquire the Company (i) for cash proceeds equal to
the outstanding amount of the DIP Facility, the priority debt, 75%
of the affected parity lien debt of Banro, and cash consideration
sufficient to repay all amounts due under the stream agreements or
treatment of the stream agreements on the same terms as the
Recapitalization Plan, or (ii) on other terms superior to the
Recapitalization Plan.

FTI Consulting Canada Inc. has been appointed Monitor (the
"Monitor") of the Company for the CCAA proceedings.  While under
CCAA protection, management of the Company will remain responsible
for the day-to-day operations of the Company under the general
oversight of the Monitor and supervision of the Court.  At this
time, there are no intended changes to the management team or the
composition of the Board of Directors of the Company and the
Company anticipates that such individuals will continue in their
respective roles throughout the CCAA process.

A copy of the Support Agreement and Initial Order will be made
available and details relating to this case may be accessed on the
Monitor's website at http://cfcanada.fticonsulting.com/banro. The
Monitor has also established the following information hotline
related to enquiries regarding the CCAA process, at 416-649-8131 or
1-888-425-0980.

Further news releases will be provided on an ongoing basis
throughout the CCAA process as may be determined necessary.

Banro Corporation is a Canadian gold mining company focused on
production from the Twangiza and Namoya mines, which began
commercial production in September 2012 and January 2016
respectively.  The Company's longer-term objectives include the
development of two additional major, wholly-owned gold projects,
Lugushwa and Kamituga.  The four projects, each of which has a
mining license, are located along the 210 kilometres long
Twangiza-Namoya gold belt in the South Kivu and Maniema Provinces
of the DRC.  All business activities are followed in a socially and
environmentally responsible manner.


BERNARD L. MADOFF: Trustee Requests Allocation of $1.3BB to Fund
----------------------------------------------------------------
Irving H. Picard, Securities Investor Protection Act (SIPA) Trustee
for the liquidation of Bernard L. Madoff Investment Securities LLC
(BLMIS), filed a motion on Dec. 18 in the United States Bankruptcy
Court for the Southern District of New York seeking approval for an
allocation of recoveries to the BLMIS Customer Fund and an
authorization for a ninth pro rata interim distribution from the
Customer Fund to BLMIS customers with allowed claims.  A hearing
has been scheduled for Wednesday, January 31, 2018 at 10 a.m. EST.

Plans for the ninth pro rata interim distribution are the result of
approximately $1.3 billion in settlements and recoveries achieved
by the SIPA Trustee, his Chief Counsel David J. Sheehan, and their
legal teams since the last interim distribution in February 2017.
The most notable was the recovery agreement of approximately $687
million with the Thema International Fund as well as the
approximately $370 million recovery agreement with the Lagoon and
Thema Funds.  With these and other additional settlement outcomes,
including the $23 million recovery agreement with the estates of
the Madoff sons, the SIPA Trustee stands ready to make a ninth pro
rata interim distribution to allowed claimants of 3.585 percent on
each allowed claim.

If the distribution motion is approved on January 31, 2018, the
SIPA Trustee will allocate a total of approximately $1.3 billion to
the BLMIS Customer Fund, with approximately $584.5 million
available for immediate distribution to customers with allowed
claims.  The remaining allocation that was not previously paid to
claimants will be held in reserve for claims that are deemed
determined pending the resolution of litigation as well as other
issues.

This ninth pro rata interim distribution, when combined with the
prior eight distributions, will equal 63.683 percent of each
customer's allowed claim amount, unless that claim has been fully
satisfied.  The aggregate amount distributed to eligible BLMIS
customers will total nearly $11.4 billion, which includes more than
$842.8 million in advances committed by the Securities Investor
Protection Corporation (SIPC).

Stephen P. Harbeck, President and CEO of SIPC, said, "The momentum
of the SIPA Trustee and his teams continues to accelerate.  Their
successes set new benchmarks for future recovery efforts.  SIPC has
confidence that the Madoff Recovery Initiative will continue to
deliver additional, significant distributions in 2018 and beyond.
It is important to note that every single penny recovered by the
Madoff Recovery Initiative goes to satisfy allowed customer claims.
SIPC picks up all the costs of the Madoff Recovery Initiative as
the Securities Investor Protection Act directs."

"The progress of our teams has been remarkable," said Mr. Picard.
"Even now, nearly a decade since the unmasking of the Madoff fraud,
we are still finding and recovering millions of dollars for the
victims of this complex global deception.  Additional distributions
are still on the horizon and we remain committed to restoring as
much of the stolen money as possible."

"Both the direct and indirect investors in Madoff's operation will
benefit from this distribution, as they have from all the
distributions to date," said Mr. Sheehan.  "Our teams had another
productive and successful year in 2017, and we are pleased to move
forward without delay to distribute as much of the 2017 recoveries
as possible."

The ninth pro rata interim distribution will result in the return
of 3.585 percent of the allowed claim amount for each individual
account, unless the allowed claim has been fully satisfied. The
average payment amount to those 926 BLMIS accounts will be
$631,198.93.  The smallest payment totals $563.56 and the largest
payment is $87,749,601.36.  Claimants who qualified for hardship
status under the SIPA Trustee's Hardship Program will receive 15
payments.

To date, the SIPA Trustee has allowed 2,625 claims related to 2,265
accounts and the proposed distribution will be paid on claims
related to 926 accounts.  If the ninth pro rata interim
distribution is approved by the Bankruptcy Court, when combined
with SIPC advances and the amounts from the prior eight pro rata
interim distributions, 1,386 accounts will be fully satisfied (all
accounts with allowed claims of up to $1,375,000.00), leaving 879
accounts partially satisfied and entitled to participate in future
distributions.

As of November 30, 2017 and since his appointment on December 15,
2008, the SIPA Trustee has recovered approximately $12.789 billion
-- nearly 73 percent of the currently estimated principal lost in
the Ponzi scheme by those who filed claims.  These outcomes exceed
similar efforts related to prior Ponzi scheme recoveries, in terms
of dollars and percentage of stolen funds recovered.

Ultimately, 100 percent of the SIPA Trustee's recoveries will be
allocated to the Customer Fund for distribution to BLMIS customers
with allowed claims.  All Trustee, legal and accounting fees, as
well as administrative costs of the SIPA liquidation of Bernard L.
Madoff Investment Securities LLC and its global recovery efforts,
which make the distributions possible, are funded by SIPC.

Forty claims relating to 30 accounts are currently categorized as
"deemed determined" claims still subject to litigation.  Once
litigation is either resolved or settled, these claims may be
allowed and would therefore become eligible for all pro rata
interim distributions to date.  For that potential scenario, as of
November 30, 2017, the SIPA Trustee has reserved approximately
$1.579 billion.  The ultimate amount of additional allowed claims
depends on the outcome of litigation or negotiation and could add
billions of dollars to the total amount of allowed claims.

Upon Bankruptcy Court approval, record holders of allowed claims as
of January 31, 2018 will be eligible to receive payments from the
ninth pro rata interim distribution.

The Ninth Customer Fund Allocation and Distribution Motion can be
found on the United States Bankruptcy Court's website at
http://www.nysb.uscourts.gov/;Bankr. S.D.N.Y., No. 08-01789 (SMB).
It can also be found on the SIPA Trustee's website along with more
information on the BLMIS liquidation at: www.madofftrustee.com

Messrs. Harbeck, Picard and Sheehan would like to thank Oren
Warshavsky, Seanna Brown and Heather Wlodek of BakerHostetler, who
worked on the ninth pro rata interim distribution and its related
filings, as well as BakerHostetler, Windels Marx and all of the
attorneys and professionals whose work has led to the distribution.
They would also like to thank Vineet Sehgal and his colleagues at
AlixPartners, as well as Josephine Wang, Kevin Bell, Nathanael
Kelley and their colleagues at SIPC, for their ongoing work and
participation in the Madoff Recovery Initiative distributions.

                    About Bernard L. Madoff

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

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

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

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

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


BIOSTAGE INC: Reverse Stock Split Took Effect Dec. 22
-----------------------------------------------------
Biostage, Inc., announced a reverse stock split of its shares of
common stock at a ratio of 1-for-20.  The Company's common stock
began trading on a post-split basis on Friday, Dec. 22, 2017.  Upon
the commencement of trading on Dec. 22, 2017, the Company's symbol
on the OTCQB marketplace will change to "BSTGD" for a period of 20
business days, after which the "D" will be removed from the
Company's trading symbol, which will revert to the original symbol
of "BSTG".  In connection with the reverse stock split, the CUSIP
number for the common stock has been changed to 09074M202.

The reverse stock split was implemented by the Company in order to
satisfy a condition to closing pursuant to the binding Memorandum
of Understanding entered into between the Company and a private
investor on Dec. 11, 2017 for the private placement of shares of
the Company's common stock, or a convertible preferred equivalent,
and warrants to purchase shares of the Company's common stock, or a
convertible preferred equivalent, for gross proceeds of
approximately $4.0 million.

Jim McGorry, CEO of Biostage stated, "The implementation of this
reverse stock split is a significant step in moving Biostage closer
towards funding and closing the private placement, which we expect
will allow us to re-establish normal operations at a more efficient
size and structure and fund the promise of our technology."

The reverse stock split was previously authorized at the annual
meeting of the Company's stockholders on April 26, 2017, and the
Company's Board of Directors approved the ratio and timing of the
reverse stock split on Dec. 11, 2017.  The reverse stock split
became effective at 12:01 a.m. on Dec. 22, 2017.

As a result of the reverse stock split, the total number of shares
of common stock held by each stockholder will be converted
automatically into the number of whole shares of common stock equal
to (i) the number of shares of common stock held by the stockholder
immediately prior to the reverse stock split, divided by (ii) 20.
As a result of the reverse stock split, the Company's issued and
outstanding shares of common stock will decrease to approximately
2.0 million post-split shares (prior to effecting the rounding of
fractional shares into whole shares as described below) from
approximately 39.8 million pre-split shares.

No fractional shares will be issued.  Instead, the Company will pay
cash to any stockholder holding fractional shares as a result of
the reverse stock split equal to such fraction multiplied by $1.32,
which represents the closing price per share of $0.066 for the
common stock on the OTCQB marketplace as of Dec. 21, 2017, as
adjusted to reflect the reverse stock split.

The par value and other terms of the common stock will not be
affected by the reverse stock split.  The authorized capital of the
Company of 120,000,000 shares of common stock and 2,000,000 shares
of preferred stock also will not be affected by the reverse stock
split.

The Company has retained its transfer agent, Computershare, to act
as exchange agent for the reverse stock split.  Computershare will
manage the exchange of pre-split shares for post-split shares.
Stockholders of record will receive a letter of transmittal
providing instructions for the exchange of their shares.
Stockholders who hold their shares in street name will be contacted
by their banks or brokers with any instructions.  For further
information, stockholders and securities brokers should contact
Computershare at (800) 522-6645.

All options and warrants of the Company outstanding immediately
prior to the reverse stock split will be appropriately adjusted. In
general, the reverse stock split will effect a reduction in the
number of shares of common stock subject to such outstanding stock
options and warrants proportional to the exchange ratio of the
reverse stock split and will effect a proportionate increase in the
exercise price of such outstanding options and warrants.

                       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 pre-clinical 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.

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.

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 SQUARE: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The Office of the U.S. Trustee on Dec. 19 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Black Square Financial, LLC.

Headquartered in Coral Springs, Florida, Black Square Financial,
LLC, filed for Chapter 11 bankruptcy protection (Bankr. S.D. Fla.
Case No. 16-23562) on Nov. 8, 2017, estimating its assets at
between  $100,001 and $500,000 and its liabilities at between
$500,001 and $1 million.  Philip J Landau, Esq., at Shraiberg
Landau & Page PA serves as the Debtor's bankruptcy counsel.


BRIGHT MOUNTAIN: Reports Q3 Revised Net Loss of $582,000
--------------------------------------------------------
Bright Mountain Media, Inc., has filed an amendment to its
quarterly report on Form 10-Q/A for the period ended Sept. 30,
2017, originally filed with the Securities and Exchange Commission
on Nov. 20, 2017, to amend and restate such filing in its
entirety.

The amendment and the restatement arose solely from errors in the
purchase price allocation related to the Company's acquisition of
Daily Engage Media, LLC in September 2017 and were not related to
its Annual Report on Form 10-K for the fiscal year ended Dec. 31,
2016, and except for the purchase price allocation related to the
Daily Engage Media, LLC acquisition, has not caused a material
change to its condensed consolidated financial statements for the
three and nine months ended Sept. 30, 2017.

The items amended and restated are as follows:

   * Item 1 of Part I, "Financial Information," specifically the
     Condensed Consolidated Balance Sheets at Sept. 30, 2017
    (unaudited) and Dec. 31, 2016, Condensed Consolidated
     Statements of Operations (unaudited) for the three and nine
     months ended Sept. 30, 2017, Condensed Consolidated
     Statements of Cash Flows (unaudited) for the nine months
     ended Sept. 30, 2017 and 2016, and Notes to Condensed
     Consolidated Financial Statements (unaudited) Sept. 30, 2017;

   * Item 2 of Part I, "Management's Discussion and Analysis of
     Financial Condition and Results of Operations";

   * Item 4 of Part I, "Controls and Procedures," and

   * Item 1A of Part II "Risk Factors."

As restated, the Company's balance sheet as of Sept. 30, 2017,
showed $3.45 million in total assets, $2.61 million in total
liabilities and $847,216 in total shareholders' equity.

For the three months ended Sept. 30, 2017, Bright Mountain reported
a net loss of $581,955 on $715,550 of total revenues compared to a
net loss of $808,401 on $405,737 of total revenues for the same
period in 2016.

For the nine months ended Sept. 30, 2017, the Company reported a
net loss of $2.13 million on $2.04 million of total revenues
compared to a net loss of $1.98 million on $1.28 million of total
revenues for the nine months ended Sept. 30, 2016.

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

                       https://is.gd/XwxQ8X

                      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 Web sites, 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.  

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.


CAREVIEW COMMUNICATIONS: Cash Covenants Cast Going Concern Doubt
----------------------------------------------------------------
CareView Communications, Inc., filed its quarterly report on Form
10-Q, disclosing a net loss of $5.12 million on $1.56 million of
revenues for the three months ended September 30, 2017, compared
with a net loss of $4.71 million on $1.49 million of revenues for
the same period in 2016.

For the nine months ended September 30, 2017, the Company recorded
a net loss of $14.98 million on $4.67 million of revenues, compared
to a net loss of $13.87 million on $4.52 million of revenues for
the same period in the prior year.

At September 30, 2017, the Company had total assets of $14.32
million, total liabilities of $71.54 million, and $57.22 million in
total stockholders' deficit.

On June 26, 2015, the Company entered into a Credit Agreement with
PDL Biopharma, Inc., as administrative agent and lender pursuant to
which the Lender made available to them up to $40 million in two
tranches of $20 million each, with each tranche contingent upon
them meeting certain milestones.  On October 7, 2015, pursuant to
the First Amendment to the PDL Credit Agreement the Lender made the
first tranche of $20 million available and funded the Company
$19,533,992, net of fees.  As of September 30, 2017, the Company is
including $20 million in long-term liabilities on the accompanying
condensed consolidated financial statements.  Pursuant to the terms
of the PDL Credit Agreement, the Company is required to maintain a
minimum cash balance $3,250,000, and is in compliance with the
minimum cash balance as of the date of this filing.

The Company does not anticipate that these resources, along with
cash generated from operations, will be sufficient to meet its cash
requirements, including funding anticipated losses and scheduled
debt maturities, for the next 12 months.  The Company expects to
seek additional funds from a combination of dilutive and/or
non-dilutive financings in the future.  Because such transactions
has not been finalized, receipt of additional funding is not
considered probable under current accounting standards.  Due to the
requirements of the current accounting standards, future financing
plans cannot be used in its analysis of operations.  Consequently,
under such standards there is substantial doubt as to the Company's
ability to continue as a going concern.  As the Company continues
to incur losses, its transition to profitability is dependent upon
achieving a level of revenues adequate to support the Company's
cost structure.  The Company may never achieve profitability, and
unless and until doing so, it intends to fund future operations
through additional dilutive or non-dilutive financings.  There can
be no assurances, however, that additional funding will be
available on terms acceptable to the Company, if at all.  The
Company has initiated discussions with PDL regarding the PDL Credit
Agreement.

A copy of the Form 10-Q is available at:

                       https://is.gd/RcZqvj

                   About CareView Communications

CareView Communications, Inc., is a developer of a suite of
products and hardware to help connect patients, families and
healthcare providers through a data and patient monitoring system
(the CareView System).  The Company's CareView System runs on each
hospital's coaxial cable television network that provides
television signals to patient room.  The CareView System offers
service packages, such as primary package, which includes
NurseView, PhysicianView, Virtual Bed Rails, Virtual Chair Rails,
Fall Management Program, Rounding and SecureView; additional
Careview products, which include Sitter Management Program,
BedView, Patient Education, FacilityView, Nurse Alerts and
Reminders, Ulcer Management, CareView Connect, NICUVie and The
CareView Broadcast System, and guest services package, which
includes PatientView, NetView, MovieView and BabyView.



CHARMING CHARLIE: U.S. Trustee Forms 7-Member Committee
-------------------------------------------------------
Andrew R. Vara, Acting U.S. Trustee for Region 3, appointed seven
members to the official committee of unsecured creditors to the
Chapter 11 case of Charming Charlie Holdings Inc.

The Committee members are:

   (1) B.R.E. Industries Inc.
       Attn: Ramin Mehrara
       1928 S. Santa Fe Avenue
       Los Angeles, CA 90021
       Tel: (213) 747-4840 Ext. 104
       Fax: (213) 260-6105

   (2) A.N. Enterprises
       Attn: Nworen Moeenuddin
       11528 Harry Hines Boulevard, Suite 201
       Dallas, TX 75229
       Tel: (972) 484-1175
       Fax: (972) 484-9847

   (3) Tri-Costal Design
       Attn: Todd Solomon
       40 Harry Shupe Boulevard
       Wharton, NJ 07885
       Tel: (973) 560-0300
       Fax: (973) 884-0473

   (4) Prime time NYC LLC
       Attn: Isac Hanon
       385 5th Avenue, Suite 304
       New York, NY 10016
       Tel: (212) 967-1841
       Fax: (646) 850-3833

   (5) GGP Limited Partnership
       Attn: Julie Minnick-Bowden
       110 N. Wacker Drive
       Chicago, IL 60606
       Tel: (312) 960-2707
       Fax: (312) 442-6374

   (6) Simon Property Group, Inc.
       Attn: Ronald Tucker
       225 W. Washington, Street
       Indianapolis, IN 46204
       Tel: (317) 263-2346
       Fax: (317) 263-7901

   (7) 445 Fifth Avenue Associates LLC
       Attn: Carla Stoner
       c/o Harbor Group International LLC
       999 Waterside Drive
       Norfolk, VA 23510
       Tel: (757) 390-3210
       Fax: (757) 640-0800

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                  About 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.


CUSTOM STONE: Plan Outline Hearing Set for Jan. 18
--------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia will
convene a hearing on Jan. 18, 2018 at 11:00 a.m. to consider the
adequacy of the information contained in Custom Stone Company,
Inc.'s proposed disclosure statement, dated Dec. 7, 2017, in
support of its proposed plan of reorganization.

Any person objecting to the adequacy of the information contained
in said disclosure statement or desiring to propose modifications
must file an objection or proposed modification in writing on or
before 7 days prior to the date of the hearing.

                     About Custom Stone

Custom Stone Company, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E. D. Va. Case No. 16-72508) on July
18, 2016.  The petition was signed by Kenneth R. Sims, president.

The case is assigned to Judge Stephen C. St. John.

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


DENTON DOUGH: Seeks Authorization to Use FSB Cash Collateral
------------------------------------------------------------
Denton Dough Company requests the U.S. Bankruptcy Court for the
Northern District of Texas for authority to use the cash collateral
that may be subject to First State Bank's interest.

In the normal course of business, the Debtor uses cash on hand and
cash flow from operations to fund payroll, food, liquor, beer,
wine, materials, supplies, and other general operational needs.
However, as of the Petition Date, the Debtor lacks sufficient
unencumbered cash to fund the business operation.

Indeed, the Debtor asserts that it must use its cash to, among
other things, continue the operation of the business in an orderly
manner, maintain business relationships with vendors, suppliers and
customers, pay employees and satisfy other working capital and
operation needs -- all of which are necessary to preserve and
maintain Debtor's going‐concern value and, ultimately, effectuate
a successful reorganization. The Debtor contends that an inability
to use these funds during the chapter 11 cases would cripple its
business operations.

The Debtor has formulated a Budget for the use of cash collateral,
which includes all reasonable, necessary and foreseeable expenses
to be incurred in the ordinary course of business so as to avoid
immediate and irreparable harm to the bankruptcy estate pending a
final hearing.  The Budget provides expenses in the aggregate sum
of approximately $132,728 during the period from December 11, 2017
through January 23, 2018.

First State Bank asserts that it is secured by a first priority
lien on and security interest in substantially all of Debtor's
personal property.

As such, in consideration for the interim use of cash collateral,
and as adequate protection for any diminution of the interest of
First State Bank in the prepetition collateral, the Debtor tenders
to First State Bank additional and replacement security interests
and liens in and upon the Debtor's personal property and the cash
collateral, whether such property was acquired before or after the
Petition Date, to the extent First State Bank may hold valid,
perfected and unavoidable security interests in the prepetition
collateral without any requirement to file any documents to perfect
that interest.

In addition to the Replacement Liens, the Debtor asserts that First
State Bank is adequately protected as a result of the continued
business operations.

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

             http://bankrupt.com/misc/txnb17-34650-5.pdf

                   About Denton Dough Company

Founded in 2010, Denton Dough Company is a privately held company
based in Denton, Texas.  The company is equally owned by Martha
Jensen and Monte Jensen.  Denton Dough is affiliated with
Melkinney, LLC, which sought bankruptcy protection (Bankr. N.D.
Tex. Case No. 17-31859) on May 5, 2017 .

Denton Dough Company filed a voluntary Chapter 11 petition (Bankr.
N.D. Tex. Case No. 17-34650) on Dec. 11, 2017.  Martha Jensen,
president, signed the petition.  At the time of filing, the Debtor
estimated $500,000 to $1 million in assets and $1 million to $10
million in liabilities.

Robert Thomas DeMarco, Esq., at DeMarco-Mitchell, PLLC, serves as
counsel to Denton Dough.
The case is assigned to Judge Stacey G. Jernigan.


DIVERSIFIED POWER: Gets Interim Approval to Use Cash Collateral
---------------------------------------------------------------
Judge Russell F. Nelms of the U.S. Bankruptcy Court for the
Northern District of Texas authorized Diversified Power Systems,
Inc., to use cash collateral in accordance with the terms set forth
in the agreed interim order.
     
The use of cash collateral will be limited to the normal, actual,
necessary, and proper postpetition expenditures required to be paid
during the particular time set forth in the Initial Budget.  The
Budget provides total expenses of $55,224 for the month of December
2017 and $55,122 for the month of January 2018.

Frost Bank alleges that the following loan documents exist between
Frost Bank, the Debtor and related parties:

     (a) Promissory Note in the original principal amount of
$149,836, executed by the Debtor and payable to Frost Bank;

     (b) Commercial Security Agreement granting Frost Bank a
security interest in all of the Debtor's inventory accounts and
equipment and other collateral; and

     (c) Commercial Guaranty executed by William R. Bertrand.

As adequate protection for and to the extent of any diminution of
value of Frost Bank's prepetition collateral resulting from
postpetition use of Frost Bank's Cash Collateral by the Debtor,
Frost Bank is granted:

     (a) Valid and automatically perfected, continuing, additional,
and replacement liens on and security interests in the same
property as existed prepetition, any and all assets and property of
the Debtor, including, without limitation, both real property and
personal property, along with all proceeds and products of the
foregoing, as may be generated or acquired by the Debtor from and
after the Petition Date; and

     (b) Valid and automatically perfected continuing, additional
and replacement liens and security interests in, to and against any
and all rents, issues, profits or proceeds of any and all of the
foregoing.

The Debtor will deliver to Frost Bank copies of its monthly
operating reports required by the U.S. Trustee at the same time
that such reports are filed with the Court.

The Debtor will permit Frost Bank to have reasonable access to its
business premises, including its books and records, for review
appraisal, and inspection of collateral of Frost Bank, and will
cooperate with respect to such reviews, appraisals and
inspections.

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

                http://bankrupt.com/misc/txnb17-44538-26.pdf

Attorneys for Frost Bank:

            Stacy B. Loftin, Esq.
            M. Chad Berry, Esq.
            Adams, Lynch & Loftin, P.C.
            3950 Highway 360
            Grapevine, Texas 76051
            Telephone: (817) 552-7742
            Fax: (817) 328-2942
            E-mail: sbl@all-lawfirm.com
                    cberry@all-lawfirm.com

                  About Diversified Power Systems

Diversified Power Systems, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. N.D. Tex. Case No. 17-44538) on Nov. 6, 2017,
disclosing under $50,000 in both assets and liabilities.  The
petition was signed by William R. Bertrand, president.  The Debtor
is represented by Craig D. Davis, Esq., at Davis Ermis & Roberts,
P.C.


EDWARD GREENE: Court OK's Bid to Reject Ombudsman Appointment
-------------------------------------------------------------
Judge Terry L. Myers of the U.S. Bankruptcy Court for the District
of Idaho issued an order granting Edward James Greene and Tera N.
Greene's motion to reject the appointment of any Ombudsman to their
case.

The Court finds that the Debtors do not operate a long-term care
facility; a skilled nursing facility; an intermediate care
facility; an assisted living facility; a home for the aged; a
domiciliary care facility; or a facility that offers assistance
with activities of daily living. The patients of Dr. Tera Greene
are also dental patients not residing at her offices. Finally,
neither of the Debtors is subject to any disciplinary actions by
any agency that regulates their practice.

The Troubled Company Reporter reported on Nov. 10, 2017 that the
Debtors operate a dentist office, which treats patients for
dentistry, dentures and oral surgery. As such it appears that the
Debtors operate a facility that fits the Bankruptcy code definition
of Health Care Business.

The Debtors asserted that the appointment of an ombudsman is not
necessary because Dr. Tera Greene's patients do not reside at the
Debtors' facility nor remain there after treatment that occurs
during daytime business hours, and neither of the Debtors is
subject to any disciplinary actions by any agency that regulates
its practice.

Edward James Greene and Tera N. Greene (Bankr. D. Idaho Case No.
17-01292) filed Chapter 11 Petition on September 28, 2017. The
Debtors are represented by D Blair Clark, Esq.


EMERA INC: Moody's Alters Outlook to Neg., Affirms Ba2 Bonds Rating
-------------------------------------------------------------------
Moody's Investors Service changed the rating outlooks of Emera Inc.
(Emera) and Emera US Finance LP to negative from stable. At the
same time, Moody's affirmed Emera's Baa3 issuer rating and Emera US
Finance LP's Baa3 guaranteed senior unsecured rating. Moody's also
affirmed the Baa2 senior unsecured ratings of TECO Energy, Inc. and
TECO Energy's financing subsidiary, TECO Finance, Inc.; and the A3
issuer and senior unsecured ratings of Tampa Electric Company, with
a stable outlook.

Emera US Finance LP is a financing subsidiary of Emera and its
senior unsecured notes are fully and unconditionally guaranteed, on
a joint and several basis, by Emera and Emera US Holdings Inc.
(EUSHI, unrated), an intermediate holding company and subsidiary of
Emera. As a result of the guarantee, Emera US Finance's rating is
directly correlated to Emera's credit profile and rating. EUSHI
does not have any operations and serves as the holding company of
Emera's assets located in the United States, including Emera Maine
and TECO Energy, Inc.

RATINGS RATIONALE

"Emera's negative outlook is driven by weaker than expected
consolidated financial metrics," said Jeff Cassella, Vice President
-- Senior Analyst. "Although Emera has taken actions to improve its
financial profile, such as its recent equity offering, further
steps are needed to improve its financial profile to a level that
is commensurate with its rating" added Cassella.

For the twelve months ended September 30, 2017, Emera's ratio of
cash flow from operations pre-working capital (CFO pre-W/C) to debt
was approximately 10% which is lower than the 11% that was expected
in 2017. Emera was assigned its Baa3 rating last year and Moody's
incorporated a view that Emera's financial profile would gradually
improve over time, such that Emera's ratio of CFO pre-W/C to debt
will steadily increase to about 14% in 2019 from around 11% in
2017.

With respect to the recent equity offering on December 6, 2017,
Emera announced an agreement to initially sell 14.6 million shares
at CAD47.90 each for gross proceeds of about CAD700 million. Gross
proceeds may increase by an additional CAD50 million should
underwriters exercise an overallotment option to purchase an
additional 1,045,000 shares. The net proceeds will be used to
reduce holding company debt and help fund future investments. The
equity issuance is credit positive as it strengthened Emera's
liquidity and supports the company's effort to improve its
financial metrics.

Over the next 12-18 months, Moody's expect Emera will continue to
exhibit financial policies that emphasize holding company debt
reduction and improving cash flow generation across its portfolio
of subsidiaries. The negative outlook will focus on the company's
execution to improve its financial metrics. Moody's could change
the outlook back to stable if Emera is able to sustainably improve
its ratio of CFO pre-W/C to debt to above 12% by the end of 2018.

Emera Inc.'s Baa3 rating reflects its relatively low risk business
profile and geographic and regulatory diversity across its
portfolio of operating subsidiaries. Emera's regulated subsidiaries
are expected to account for about 90% of consolidated cash flows, a
credit positive. However, Emera has a high financial risk profile,
evidenced by the significant level of consolidated debt of about
CAD$15.2 billion at September 30, 2017, resulting in debt to rate
base of about 100%. Even with the high leverage weighing on Emera's
consolidated financial metrics, the Baa3 rating incorporated a view
that Emera's financial profile will gradually improve over the next
few years.

Furthermore, Emera's holding company debt as a percentage of total
consolidated debt accounts for approximately 50%, which leads to
material structural subordination considerations and wider notching
differential between the ratings of Emera and its principal
operating subsidiaries. For calculation purposes, Moody's include
the intermediate holding company debt at TECO Energy (approx.
US$1.2 billion as of September 30, 2017) as holding company debt
and included the Maritime Link project debt (approx. CAD$1.1
billion as of September 30, 2017) financing in consolidated debt.

The affirmation of TECO Energy and Tampa Electric's ratings with
stable outlooks considers the solid credit quality of Tampa
Electric Company, which operates in Florida's highly credit
supportive regulatory environment. The ratings also reflect TECO
Energy and Tampa Electric's solid financial profiles. TECO Energy
also benefits modestly from the geographic and cash flow diversity
from its smaller subsidiary, New Mexico Gas Company (not rated).

TECO Energy's credit profile is heavily influenced by Tampa
Electric's credit worthiness, but also reflects the roughly 25%
ratio of intermediate holding company debt (issued at TECO Finance)
as a percentage of the TECO Energy consolidated debt. TECO
Finance's debt is guaranteed by TECO Energy, therefore TECO Finance
has the same rating.

Rating Outlook

Emera's negative rating outlook reflects weaker than expected
financial metrics as well as the execution risk associated with
improving its financial metrics over the next 12-18 months.

Factors that Could Lead to an Upgrade

A rating upgrade over the near-to-intermediate term is unlikely
given the negative outlook and the significant amount of holding
company debt at the Emera level. However, the outlook could be
revised to stable if Emera were able to improve its financial
metrics over the next 12-18 months such that its ratio of CFO
pre-W/C to debt was sustained above 12%.

Factors that Could Lead to a Downgrade

Emera's rating could be downgraded if regulatory support of its
operating utilities deteriorates; or business risk profile
increases through investments in its non-regulated activities; or
holding company debt increases further; or if financial metrics do
not improve as expected and consolidated CFO pre-W/C to debt
remains below 12% on a sustained basis.

Headquartered in Halifax, Nova Scotia, Emera is a diversified
utility and energy services holding company. For the LTM September
30, 2017, Emera reported CAD$28 billion in assets and CAD$6.3
billion in revenues. Over 90% of Emera's earnings are from
rate-regulated businesses. TECO Energy, acquired in July 2016, is
Emera's largest subsidiary. TECO Energy is the intermediate parent
holding company of Tampa Electric Company and New Mexico Gas
Company. Emera also owns Nova Scotia Power Inc., a vertically
integrated electric utility that serves approximately 511,000
customers in Nova Scotia, and Emera Maine, a regulated electric T&D
utility that serves 157,000 customers in Maine. Emera Caribbean
provides electric service to 182,000 customers and has ownership
interests in regulated vertically integrated utilities on several
Caribbean Islands. Emera also owns gas distribution pipelines in
Canada and various generation assets in Canada and New England.

Outlook Actions:

Issuer: Emera Inc.

-- Outlook, Changed To Negative From Stable

Issuer: Emera US Finance LP

-- Outlook, Changed To Negative From Stable

Issuer: Tampa Electric Company

-- Outlook, Maintained at Stable

Issuer: TECO Energy, Inc.

-- Outlook, Maintained at Stable

Issuer: TECO Finance, Inc.

-- Outlook, Maintained at Stable

Affirmations:

Issuer: Emera Inc.

-- Issuer Rating , Affirmed Baa3

-- Subordinate Regular Bond/Debenture, Affirmed Ba2

-- Senior Unsecured Regular Bond/Debenture, Affirmed Baa3

Issuer: Emera US Finance LP

-- Senior Unsecured Regular Bond/Debenture, Affirmed Baa3

Issuer: Hillsborough County Ind. Dev. Auth. FL

-- Senior Unsecured Revenue Bonds, Affirmed A3

-- Underlying Senior Unsecured Revenue Bonds, Affirmed A3

Issuer: Polk County Industrial Devel. Authority, FL

-- Senior Unsecured Revenue Bonds, Affirmed A3

-- Underlying Senior Unsecured Revenue Bonds, Affirmed A3

Issuer: Tampa Electric Company

-- Issuer Rating, Affirmed A3

-- Senior Unsecured Shelf, Affirmed (P)A3

-- Senior Unsecured Bank Credit Facility, Affirmed A3

-- Senior Unsecured Regular Bond/Debenture, Affirmed A3

Issuer: TECO Energy, Inc.

-- Senior Unsecured Shelf, Affirmed (P)Baa2

-- Senior Unsecured Bank Credit Facility, Affirmed Baa2

Issuer: TECO Finance, Inc.

-- Senior Unsecured Regular Bond/Debenture, Affirmed Baa2

-- Senior Unsecured Shelf, Affirmed (P)Baa2

The principal methodology used in these ratings was Regulated
Electric and Gas Utilities published in June 2017.


EXPERIMENTAL MACHINE: To Allocate Creditor Payments for 61 Months
-----------------------------------------------------------------
Experimental Machine, Inc., filed with the U.S. Bankruptcy Court
for the District of Maryland an amended disclosure statement in
support of its plan of reorganization dated Dec. 12, 2017.

The Debtor's latest Plan allocates payments to creditors over 61
months from proceeds of operations and from the sale of equipment.
For the first 12-24 months of the Plan, the Debtor pays secured
creditors and leasehold creditors 55%-75% of their regular,
pre-petition monthly amount. The Plan then increases monthly
payments to secured creditors and leasehold creditors, on a
case-by-case basis, to their full pre-petition payments for the
remainder of the term of the obligation. Plan payments to
secured/leasehold creditors will begin in January 2018, following
monthly payments being made to secured/leasehold creditors pursuant
to a cash collateral order which will conclude in December 2017.
The Debtor begins making monthly payments to unsecured claims on a
pro rata basis in March 2020 as secured and leasehold claims become
satisfied. All claims will be paid in full (100%) by the conclusion
of the Debtor’s Plan.

The previous version of the plan provided that the Debtor's Plan
allocates payments to creditors over 48 months from proceeds of
operations and from the sale of equipment. For the first 6 months
of the Plan, the Debtor pays secured creditors and leasehold
creditors 55%-75% of their regular, pre-petition monthly amount.

Class V claim consists of the leasehold/secured claim held by
Trinity Bank of the West in the amount of $40,989. Trinity held a
security interest in the Haas VF-2SS Milling Machine (valued at
$20,000), and the Haas VF9 Milling Machine (valued at $70,000).
Trinity's claim was satisfied in full through the sale of the Haas
VF-9. The Debtor now owns the title to Haas VF-2SS subject to the
blanket lien of M&T Bank.

The Reorganized Debtor will make payments directly to the holders
of Class III through Class X claims. The Effective Date will be the
15th day after entry of the Confirmation Order. Plan Payments to
Class III through Class X Claims will be made on the 15th day of
each month beginning January 2018.

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

     http://bankrupt.com/misc/mdb16-25294-136.pdf

                 About Experimental Machine

Experimental Machine, Inc., filed a chapter 11 petition (Bankr. D.
Md. Case No. 16-25294) on Nov. 18, 2016.  The Debtor tapped Michael
S. Myers, Esq., at Scarlett, Croll & Myers, P.A., as counsel.
Clark Machinery Sales, LLC, serves as sales broker and Bruce Caulk,
C.P.A. and his firm Naden/Lean, LLC serves as accountant to the
Debtor.


FARGO TRUCKING: U.S. Trustee Forms Three-Member Committee
---------------------------------------------------------
Peter C. Anderson, assistant U.S. Trustee for Central District of
California, appointed three members to the official committee of
unsecured creditors to the Chapter 11 case of Fargo Trucking
Company, Inc.

The Committee members are:

   (1) Miguel Angel Araujo
       1317 S. McKinley Avenue
       Compton, CA 90270
       Tel: (310) 654-5546

       Counsel:

       Thomas Slattery, Esq.
       The Slattery Law Firm
       826 Orange Avenue, Suite 120
       Coronado, CA 92118
       Tel: (619) 940-5076
       E-mail: slattery154@gmail.com

   (2) Cristian Madrid
       2406 Commerce Way
       Commerce, CA 90040
       Tel: (323) 501-8138
       Fax: n/a
       E-mail: cristianmadrid21446@gmail.com

       Counsel:

       Dorinna E. Hirsch, Esq.
       Hirsch Law Group
       7710 Hazard Center Drive, Suite E-244
       San Diego, CA 92108
       Tel: (619) 822-2266
       Fax: (619) 374-2989
       E-mail: dhirsch@hirsch-law.us

   (3) Romulo Rodas
       6418 Heliotrope Avenue
       Bell, CA 90202
       Tel: (626) 622-3254
       E-mail: Rrodas2@gmail.com

       Counsel:

       Dorinna E. Hirsch, Esq.
       Hirsch Law Group
       7710 Hazard Center Drive, Suite E-244
       San Diego, CA 92108
       Tel: (619) 822-2266
       Fax: (619) 374-2989
       E-mail: dhirsch@hirsch-law.us

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                 About Fargo Trucking Company Inc.

Fargo Trucking Company, Inc., is Compton, California-based company
that provides trucking services.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Calif. Case No. 17-23714) on Nov. 6, 2017.
Robert Wallace, chief executive officer, signed the petition.  

David R. Haberbush, Esq., Vanessa M. Haberbush, Esq., and Lane K.
Bogard, Esq., at Haberbush & Associates, LLP, serve as the Debtor's
bankruptcy counsel.

At the time of the filing, the Debtor disclosed that it had
estimated assets of less than $500,000 and liabilities of $1
million to $10 million.  

Judge Neil W. Bason presides over the case.


FIRST FLIGHT LIMITED: Court Signs Third Interim Consent Order
-------------------------------------------------------------
The Hon. Thomas J. Catliota of the U.S. Bankruptcy Court for the
District of Maryland inked his approval on the Third Interim
Consent Order, authorizing First Flight Limited Partnership's use
of cash collateral through Jan. 31, 2018.

WashingtonFirst Bank consents to the Debtor's use of cash
collateral pursuant to the Budget and the other terms and
conditions contained in the Third Interim Consent Order.

Prior to the Petition Date, WashingtonFirst Bank extended a
$5,650,000 commercial loan to the Debtor, secured by first-priority
duly perfected liens and security interests in, to and against
certain real property and other assets of the Debtor.
WashingtonFirst Bank asserts that as of June 28, 2017, the
indebtedness owed by the Debtor to WashingtonFirst Bank under Loan
Documents, amounted to $4,105,572.

The Debtor will not: (a) loan or advance any money to any person or
entity for any reason; (b) pay any dividend, distribution or other
funds, to any of the Debtor's shareholders, officers or directors;
or (c) redeem any stock in the Debtor or make any installment
payment, distribution or other transfer to any shareholder or
former shareholder of the Debtor in connection with a previous
stock redemption.

The Debtor is not allowed to use cash collateral to pay any
administrative expenses or professional fees of the Debtor or the
Debtor's estate, other than quarterly fees due to the U.S.
Trustee's Office and professional fees and expenses specifically
identified in the Budget that are incurred by the Debtor in
connection with this Chapter 11 Case, subject to the approval of
the Court.

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

As additional adequate protection for WashingtonFirst Bank's
interests in the Cash Collateral, the Debtor will use
WashingtonFirst Bank's Cash Collateral to pay the ongoing expenses
of the Property, as set forth in the Budget, and will also use such
Cash Collateral to: (a) pay for adequate insurance for the
Property; (b) pay for any real estate taxes owed against the
Property; (c) maintain the Property in good repair; and (d) to make
the payment to WashingtonFirst Bank in the amount of $19,862.70.

In addition, the Debtor's use of cash collateral is subject to all
of these conditions:

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

     (b) During the pendency of this Chapter 11 Case, the Debtor
will make all payments that the Debtor is required to make to the
Internal Revenue Service, the State of Maryland, the Commonwealth
of Virginia, and all other taxing authorities with respect to all
forms of taxes that come due after the Petition Date. At all times
hereafter, upon WashingtonFirst Bank's request, the Debtor will
immediately supply WashingtonFirst Bank with written documentation
evidencing that all such Taxes have been paid.

     (c) Insurance. During the pendency of this Chapter 11 Case,
the Debtor will maintain fire, casualty and other hazard insurance
with respect to the Property and the other Collateral, in amounts
and under such insurance policies as are acceptable to
WashingtonFirst Bank.

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

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

                   http://bankrupt.com/misc/mdb17-18645-110.pdf

Counsel to WashingtonFirst Bank:

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

                    About First Flight LP

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

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

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

The Hon. Thomas J. Catliota is the case judge.

Morgan William Fisher, Esq., at the Law Offices of Morgan William
Fisher, LLC, is the Debtor's bankruptcy counsel.  Ridberg Aronson
LLC, is the special counsel.


FISHERMAN'S PIER: DOJ Watchdog Seeks OK of S. Kapila as Trustee
---------------------------------------------------------------
Judge Raymond B. Ray of the U.S. Bankruptcy Court for the Southern
District of Florida granted the U.S. Trustee's expedited motion for
the appointment of a Chapter 11 Trustee in the case of Fisherman's
Pier, Inc.

Following the Court's order, the Acting U.S. Trustee for Region 21
appointed Soneet Kapila as Chapter 11 Trustee and is now seeking
approval of the appointment.

To the best of the U.S. Trustee's knowledge, the Chapter 11
Trustee's connections with the debtor, creditors, any other
parties-in-interest, their respective attorneys and accountants,
the United States Trustee, and persons employed in the Office of
the United States Trustee, are limited to the connections set forth
in the Verified Statement filed in support of the Application.

A copy of the Court's Order is available at:

     http://bankrupt.com/misc/flsb17-22819-119.pdf

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

     http://bankrupt.com/misc/flsb17-22819-124.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.


FORESIGHT ENERGY: Submits Re-Entry Plan for Deer Run Mine
---------------------------------------------------------
The Board of Directors of Foresight Energy GP LLC, the general
partner of Foresight Energy LP, approved the submission of a
re-entry plan to the Mine Safety and Health Administration (MSHA)
for the Deer Run Mine at the Partnership's Hillsboro Energy
complex.  The re-entry submission contains a plan for the permanent
sealing of the current longwall district of the Deer Run Mine
immediately upon MSHA’s approval.  At this time, the Partnership
is uncertain as to when production will resume at its Deer Run
Mine.

In connection with the proposed re-entry plan, certain longwall
equipment and other related assets will be permanently sealed
within or may not be recovered from the Deer Run Mine.  As such,
the Partnership expects to record an aggregate impairment charge
between $42 million and $67 million in the fourth quarter of 2017.
The impairment charge represents the estimated net book value of
the certain longwall equipment and other related assets as of
December 2017.  The Partnership expects the permanent sealing of
the current longwall district to result in future cash expenditures
between $0.8 million and $1.5 million.

                     About Foresight Energy

Based in Saint Louis, Missouri, Foresight Energy L.P. mines and
markets coal from reserves and operations located exclusively in
the Illinois Basin.  As of Dec. 31, 2015, the Company has invested
over $2.3 billion to construct state-of-the-art, low-cost and
highly productive mining operations and related transportation
infrastructure.  The Company controls over 3 billion tons of proven
and probable coal in the state of Illinois, which, in addition to
making the Company one of the largest reserve holders in the United
States, provides organic growth opportunities.  The Company's
reserves consist principally of three large contiguous blocks of
uniform, thick, high heat content (high Btu) thermal coal which is
ideal for highly productive long-wall operations.  Thermal coal is
used by power plants and industrial steam boilers to produce
electricity or process steam.

Foresight reported a net loss of $178.6 million in 2016 following a
net loss of $38.68 million in 2015.

As of Sept. 30, 2017, Foresight Energy had $2.70 billion in total
assets, $1.96 billion in total liabilities and $745.95 million in
total partners' capital.


FUNKYTOWNMALL.COM: Needs Authority to Access Cash Collateral
------------------------------------------------------------
Funkytownmall.com asks the U.S. Bankruptcy Court for the Southern
District of Florida for authorization on its use of cash collateral
subject to the proposed Budget.

The Budget provides for the use of such operating funds in the
aggregate sum of $2,974,557 to make all necessary payments of rent,
taxes, insurance, utilities, management and accounting fees in
connection with its business operations during the period from Dec.
1, 2017 to Oct. 1, 2018.  The Budget also provides for payment of
any fees due to the U.S. Trustee, as well as professional fees and
administrative expenses, including legal fees and costs of
Funkytownmall’s counsel.

Substantially all of Funkytownmall's assets are subject to
perfected security interests in favor of JP Morgan Chase Bank, NA,
in connection with an SBA Business Line of Credit.  As of the
Petition Date, it is estimated that $116,116 is still owed to Chase
Bank on account of the SBA Loan.  Although there has been no formal
appraisal of the fair market value of the Secured Collateral,
Funkytownmall believes that the value of the Secured Collateral is
less than the remaining balance due on account of the SBA Loan.

Funkytownmall proposes to grant, assign and pledge to Chase Bank a
post-petition security interest and lien (only to the same
validity, extent, and priority of such pre-petition security
interests, if any exist) in the secured Prepetition Collateral in
and to (a) all proceeds from the disposition of any of the cash
collateral, and (b) any and all of its goods, property, assets and
interests in property in which Chase Bank (and/or any other
putative secured creditors) held a valid lien or security interest
prior to the Petition Date.

In the normal course of business, Funkytownmall uses cash on hand
and cash flow from the sale of inventory to fund working capital
and for general operating purposes.  Such cash is necessary for,
among other things, to continue business operations, to maintain
business relationships with vendors, suppliers and customers, and
to satisfy other working capital needs -- all of which are
necessary to preserve and maintain going-concern value of the
Funkytownmall and the Prepetition Collateral, and, ultimately, to
effectuate a successful reorganization.

It is anticipated that, in the coming months, Funkytownmall will
seek authorization to obtain post-petition financing from Gus and
Mariela Mitchell. At present, however, Funkytownmall has no
alternative borrowing source from which it can secure funding, and
the failure to obtain authorization to use cash collateral would be
fatal to Funkytownmall and disastrous to its creditors, both
unsecured and secured.

Accordingly, Funkytownmall is currently seeking authority to use
cash collateral only to the extent necessary to fund ongoing
operations and this bankruptcy case while Funkytownmall attempts to
negotiate and finalize additional funding sources and prepare a
definitive plan of reorganization.

Funkytownmall does not have any other currently-available sources
of funds other than cash collateral, and any interruption in
operations could have a devastating impact upon the value of the
prepetition collateral, among other things.  Moreover, the
uncertainty concerning the Funkytownmall's financial condition
could also greatly reduce its ability to procure goods and services
from essential vendors and suppliers.

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

            http://bankrupt.com/misc/flsb17-24768-8.pdf

                     About Think Trading Inc.

Think Trading Inc. -- https://thinktradinginc.com/ -- is a
distribution e-commerce company with multiple online storefronts,
marketplace operations and over 14,000 products.  It provides
wholesale and retail sales of products in various industries. Based
in Palm Beach Gardens, Florida, Think Trading is housed in a
60,000-foot warehouse where all inventory, packaging, and shipping
is housed and handled.  It was founded in 2001 and has more than 50
employees.

Think Trading's affiliate Funkytownmall.com, Inc., offers a
selection of body jewelry online while Salon Supply Store LLC, a
company based in Palm Beach Gardens, Florida, provides its
customers with a variety of salon equipment and beauty supplies
ranging from popular nail polish brands to spray tanning machines
and salon furniture.

Think Trading, Funkytownmall.com and Salon Supply Store sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Fla. Case Nos. 17-24767 to 17-24769) on Dec. 12, 2017.  Gustavo
Mitchell, president of Think Trading and FunkytownMall.com, signed
the petitions.

At the time of the filing, Think Trading and FunkytownMall.com
estimated assets of less than $50,000 and liabilities of less than
$1 million.  Salon Supply estimated assets of less than $50,000 and
liabilities of $1 million to $10 million.

Judge Erik P. Kimball presides over the cases.

Lubliner Kish, PLLC, serves as counsel to the Debtors.



GASTAR EXPLORATION: Deregisters $300 Million Unsold Securities
--------------------------------------------------------------
Gastar Exploration Inc., on April 4, 2017, filed a registration
statement with the Securities and Exchange Commission on Form S-3
(Registration No. 333-217168), as amended, which was declared
effective by the SEC on June 2, 2017, to register (i) the sale of
up to $300 million of securities pursuant to primary offerings by
the registrant (the "Primary Securities") and (ii) for resale by
the selling stockholders named therein up to 169,933,626 shares of
the registrant's common stock, par value $0.001 (the "Resale
Securities").

On Dec. 22, 2017, Gastar filed a post-effective amendment no.1 to
the Registration Statement to (i) deregister the Primary
Securities, which all remain unsold, and (ii) convert the Form S-3
into a registration statement on Form S-1 because the registrant
does not satisfy the registrant eligibility requirements of Form
S-3.

Additionally, the Post-Effective Amendment No. 1 to Form S-3 on
Form S-1 contains an updated prospectus relating to the offering
and sale of the Resale Securities by the selling stockholders.  All
filing fees payable in connection with the registration of the
Primary Securities and the Resale Securities covered by the
Registration Statement were paid by the registrant at the time of
the initial filing of the Form S-3.

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

                       https://is.gd/901YLR

                     About Gastar Exploration

Houston, Texas-based Gastar Exploration Inc. --
http://www.gastar.com/-- is a pure play Mid-Continent independent
energy company engaged in the exploration, development and
production of oil, condensate, natural gas and natural gas liquids.
Gastar's principal business activities include the identification,
acquisition and subsequent exploration and development of oil and
natural gas properties with an emphasis on unconventional reserves,
such as shale resource plays.  Gastar holds a concentrated acreage
position in what is believed to be the core of the STACK Play, an
area of central Oklahoma which is home to multiple oil and natural
gas-rich reservoirs including the Meramec, Oswego, Osage, Woodford
and Hunton formations.

Gastar reported a net loss attributable to common stockholders of
$103.5 million on $58.25 million of total revenues for the year
ended Dec. 31, 2016, compared to a net loss attributable to common
stockholders of $474.0 million on $107.3 million of total revenues
for the year ended Dec. 31, 2015.  As of Sept. 30, 2017, Gastar had
$370.80 million in total assets, $391.6 million in total
liabilities, and a total stockholders' deficit of $20.77 million.

                          *     *     *

In March 2017, S&P Global Ratings affirmed its 'CCC-' corporate
credit rating, with a negative outlook, on Gastar Exploration.
Subsequently, S&P withdrew all its ratings on Gastar at the
issuer's request.

In April 2017, Moody's Investors Service withdrew all assigned
ratings for Gastar Exploration, including the 'Caa3' Corporate
Family Rating, following the elimination of all of its rated debt.


GEORGIA ANESTHESIA: Says Appointment of PCO Not Necessary
---------------------------------------------------------
According to a notice, Northeast Georgia Anesthesia Services, Inc.
filed a motion with the U.S. Bankruptcy Court for the Northern
District of Georgia seeking an order finding that the appointment
of a patient care ombudsman is not necessary in their case.

A hearing will be held on the motion, in Courtroom 1404, U. S.
Courthouse, 75 Ted Turner Drive, SW, Atlanta, Georgia 30303, at
1:30 p.m. on Jan. 9, 2018.

Northeast does business as Ancora Pain Recovery and is a pain
recovery medical practice. Northeast asserts that it is an
operating entity with every intention of continuing its business.
As such, it has every incentive to continue providing its patients
with the highest level of care possible. Northeast's quality of
service had nothing to do with the filing of their chapter 11 case.
Rather, it was a failed expansion into too many new markets in too
short a period of time and a burdensome Medicare audit.

Northeast also notes that it provides no overnight care for its
patients. The company understands that in such cases, the United
States Trustee's Atlanta office typically takes no position as to
whether it would be appropriate to appoint a patient care
ombudsman.

Finally, Northeast maintains adequate malpractice and other
insurance, which provides adequate protection to its patients for
injury that might be suffered while in the facility’s care.

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

     http://bankrupt.com/misc/ganb316-30227-822.pdf

                         About 24 Amherst

24 Amherst, LLC and its affiliates filed Chapter 11 bankruptcy
petitions (Bankr. N.D. Ga. Case No. 17-22188) on Nov. 14, 2017.
Janene D. Holladay, its member, signed the petitions.  The Hon.
James R. Sacca presides over these cases.

24 Amherst, LLC, is a real estate company based in Winder, Georgia.
Northeast Georgia Anesthesia Services Inc. is a medical group
specializing in interventional pain management, anesthesiology,
pain management, addiction medicine, physical medicine and
rehabilitation.

Holladay Holdings has its principal place of business located at
984 Old Forge Lane, Jefferson, Jackson County, Georgia.  Holladay
Holdings owns three pieces of commercial real property, located at
these addresses: (1) 1503 Professional Court, Dalton, Georgia
("Dalton Property"); (2) 1620 Prince Avenue, Athens, Georgia
("Athens Property"); and (3) 1638 Prince Avenue, Athens, Georgia
("HQ Property").

Holladay Holdings rents the Dalton and Athens Property to
Northeast, which operates a pain and recovery practice in each of
the properties.  Holladay Holdings rents the HQ Property to
Northeast, where Northeast's headquarters is presently located.

The Debtors are represented by Anna Mari Humnicky, Esq., at Cohen
Pollock Merlin & Small, P.C.  J. Allen Sermour, CPA PC, serves as
the Debtors' accountant.


GIGA-TRONICS INC: Co-CEO Suresh Nair Resigns as Co-CEO
------------------------------------------------------
Giga-tronics Incorporated announced the proposed departure of its
Co-CEO, Suresh Nair who tendered his letter of resignation from the
role of co-chief executive officer to pursue a new opportunity.
Mr. Nair's resignation will be effective Jan. 5, 2018.  The
Company's Board has named John Regazzi CEO; a position he
previously held with the Company until August 2016, when the
Company's Executive Chairman, Mr. William Thompson stepped in as
Acting CEO to enable Mr. Regazzi to focus on the open technical
issues associated with the Company's Advanced Signal Generator
product (ASG).  Mr. Thompson stepped down from the Acting CEO role
in June of 2017 as his position was temporary and both Mr. Regazzi
and Mr. Nair were named Co-CEOs.

John Regazzi, the Company's CEO said, "It is with a mix of sadness
and gratitude to see Suresh leave the Company.  In his short tenure
as my Co-CEO, Suresh played a critical role in the development and
success of the organization, particularly in the area of the
Company's operations.  Suresh was responsible for overseeing our
recent facility relocation and has executed significant process
changes over the past year which have translated into positive
improvements to our metrics. We wish Suresh much success in his new
endeavors."

                      About Giga-tronics

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

Giga-tronics reported a net loss of $1.54 million on $16.26 million
of net sales for the year ended March 25, 2017, compared to a net
loss of $4.10 million on $14.59 million of net sales for the year
ended March 26, 2016.  As of Sept. 30, 2017, Giga-Tronics had $8.48
million in total assets, $8.81 million in total liabilities and a
total shareholders' deficit of $335,000.

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

"To help fund operations, the Company relies on advances under the
line of credit with Bridge Bank which expires on May 6, 2019.  The
agreement includes a subjective acceleration clause, which allows
for amounts due under the facility to become immediately due in the
event of a material adverse change in the Company's business
condition (financial or otherwise), operations, properties or
prospects, or ability to repay the credit based on the lender's
judgement.  As of September 30, 2017, the line of credit had a
balance of $552,000.

"These matters raise substantial doubt as to the Company's ability
to continue as a going concern," the Company stated in its
quarterly report for the period ended Sept. 30, 2017.


GOTITAPAK INC: Taps L.A. Morales as Legal Counsel
-------------------------------------------------
Gotitapak, Inc. seeks approval from the U.S. Bankruptcy Court for
the District of Puerto Rico to hire the Law Firm of L.A. Morales &
Associates, P.S.C. as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; negotiate with creditors for the purpose of
arranging the orderly liquidation of its assets or for proposing a
plan of reorganization; and provide other legal services related to
its Chapter 11 case.

Lyssette Morales Vidal, Esq., the attorney who will be handling the
case, charges an hourly fee of $275.  Senior associates and junior
attorneys charge $250 per hour and $225 per hour, respectively.
The firm charges $75 per hour for paralegal and in-house special
clerical services.

Ms. Vidal disclosed in a court filing that she is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

L.A. Morales can be reached through:

     Lyssette A. Morales Vidal, Esq.
     Law Firm of L.A. Morales & Associates, P.S.C.
     Urb Villa Blanca
     76 Aquamarina Street
     Caguas, PR 00725-1908
     Tel: 787-746-2434 / 787-258-2658
     Fax: 1-855-298-2515
     Email: lamoraleslawoffice@gmail.com

                       About Gotitapak Inc.

Gotitapak, Inc., a privately-held company based in Caguas, Puerto
Rico, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. P.R. Case No. 17-06821) on November 12, 2017.  Marie C.
Ramirez Alvarez signed the petition.

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

Judge Enrique S. Lamoutte Inclan presides over the case.


HOPE-WELL PILOT: Modified Disclosures OK'd; March 28 Plan Hearing
-----------------------------------------------------------------
Judge David R. Jones of the U.S. Bankruptcy Court for the Southern
District of Texas issued an order approving Hopewell-Pilot Project,
LLC and affiliates' modified disclosure statement describing its
proposed reorganization plan.

The Debtors must amend the Disclosure Statement to include the
announcements made on the record.

March 20, 2018 at 5:00 p.m. (Central Time) is the deadline for
filing ballots accepting or rejecting the Plan.

March 20, 2018 at 5:00 p.m. (Central Time) is the deadline for
filing and serving written objections to confirmation of the Plan.

The Court will conduct a hearing on March 28, 2018 at 9:00 a.m.
(Central Time) in Courtroom 400, 4th Floor, United States
Courthouse, 515 Rusk Street, Houston, Texas 77002 to consider (i)
confirmation of the Plan and (ii) the motion to dismiss or convert
filed by Ensource Investments LLC.

Ensource Investments LLC may amend its proofs of claim no later
than Dec. 18, 2017. The Debtors may amend their objection to the
claims of Ensource Investments LLC no later than Dec. 27, 2017. Any
motion to estimate the claims of Ensource Investments LLC must be
filed by Jan. 8, 2017.

The Court will conduct a hearing on the Debtors' objection to the
claims of Ensource Investments LLC and any timely filed motion to
estimate on Feb. 21, 2018 at 9:00 a.m. (Central Time) in Courtroom
400, 4th Floor, United States Courthouse, 515 Rusk Street, Houston,
Texas 77002.

              About Hopewell-Pilot Project, LLC

Hopewell-Pilot Project, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Tex. Case No. 17-32880) on May 4, 2017.  The Hon.
David Jones presides over the case.  Baker & Associates represents
the Debtor as counsel.  In its petition, the Debtor estimated
$100,000 to $500,000 in both assets and liabilities.  The petition
was signed by Mark Willis, president.


HOT TOPIC: Moody's Lowers CFR to Caa1 on Very High Leverage
-----------------------------------------------------------
Moody's Investors Service downgraded its ratings for Hot Topic,
Inc., including the Corporate Family Rating ("CFR") to Caa1 from
B3, Probability of Default Rating ("PDR") to Caa1-PD from B3-PD,
and senior secured notes rating to Caa1 from B3. The ratings
outlook is negative.

The downgrade reflects Moody's expectations that continued weak
operating performance is likely to result in an unsustainable
capital structure and weak liquidity over the next 12-18 months.
Same store sales and EBITDA decreased more than anticipated in Q3
2017, mainly driven by fewer movie releases compared to the prior
year, greater competition in the category, and mall traffic
declines. Moody's anticipates further earnings declines in Q4 2017,
followed by a modest recovery in 2018 from cost savings initiatives
and a more normalized movie release schedule.

Moody's took the following rating actions for Hot Topic, Inc.:

-- Corporate Family Rating, downgraded to Caa1 from B3

-- Probability of Default Rating, downgraded to Caa1-PD from B3-
    PD

-- $340 million 9.25% senior secured notes due 2021, downgraded
    to Caa1 (LGD4) from B3 (LGD4)

-- Negative outlook

RATINGS RATIONALE

Hot Topic's Caa1 Corporate Family Rating ("CFR") reflects Moody's
expectations for continued earnings weakness, high leverage and
weak liquidity, including flat to negative free cash flow and high
revolver borrowings. Moody's projects debt/EBITDA (management
adjusted) to increase to 8 times in the next twelve to eighteen
months from mid-6 times as of LTM Q3 2017 (equivalent to 5.8 times
Moody's-adjusted leverage). Moody's-adjusted EBIT/interest expense
is expected to remain below 1 time. The rating also incorporates
Hot Topic's small scale and reliance on mall traffic and
discretionary spending primarily by 12-22 year olds. Supporting the
rating are the expected benefits from savings initiatives,
e-commerce growth, and the scaling of the BoxLunch concept, which
Moody's expects will mitigate continued traffic weakness in 2018,
resulting in modest revenue and earnings recovery.

The negative outlook reflects the risk that Hot Topic will be
unable to reverse its recent sizable operating performance declines
by growing EBITDA in 2018 to a level that supports break even to
positive free cash flow generation. This scenario would lead to a
heightened risk of default and further weakening of liquidity due
to increased revolver borrowings and tight remaining revolver
availability.

The ratings could be upgraded if the company stabilizes its
operating performance, returns to growth and improves its credit
metrics, including EBIT/interest expense maintained above 1 time.
An upgrade would also require a better liquidity profile, including
positive free cash flow generation and adequate availability under
its revolving credit facility.

The ratings could be downgraded if earnings declines do not
materially decelerate and start improving in the next several
quarters or if liquidity erodes further. The ratings could also be
downgraded if the risk of default increases, or estimated recovery
rates decline.

Hot Topic, Inc. is a City of Industry, CA-based specialty retailer.
The company operated 698 Hot Topic stores and 76 BoxLunch stores
and generated $747 million in revenues in the last twelve months
ended October 28, 2017. The company has been majority-owned by
Sycamore Partners since the leveraged buyout in June 2013.

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


ILLINOIS STAR: Hires Alfred E. Sanders as Special Counsel
---------------------------------------------------------
Illinois Star Centre, LLC, seeks authority from the U.S. Bankruptcy
Court for the Southern District of Illinois to employ Alfred E.
Sanders, Jr., Esq., as special counsel to the Debtor.

Illinois Star requires Alfred E. Sanders to:

   a) prepare demand letters to tenants with past due rent;

   b) prosecute and attend at Illinois state court, where
      necessary; and

   c) performance of other services in connection with the
      collection issues.

Alfred E. Sanders will be paid at $175 per hour.

Alfred E. Sanders will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Alfred E. Sanders, Jr., 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.

Alfred E. Sanders can be reached at:

     Alfred E. Sanders, Jr., Esq.
     4503 W. DeYoung St., Suite A
     Marion, IL 62959
     Tel: (618) 993-8200

              About Illinois Star Centre, LLC

Illinois Star Centre LLC owns the Illinois Star Centre Mall located
at 3000 W. Deyoung Street, Marion.  The mall, which is valued at
$5.5 million, offers more than 50 stores and restaurants and serves
the Southern Illinois Community with events that showcase local
talent.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Ill. Case No. 17-30691) on May 4, 2017.  The
petition was signed by Empire Tax Corp. by Dennis D. Ballinger,
Jr., its managing member.

At the time of the filing, the Debtor disclosed $5.6 million in
assets and zero liability.

The case is assigned to Judge Laura K. Grandy. Carmody MacDonald,
P.C., represents the Debtor as bankruptcy counsel.  The Debtor
hired Hoffman Slocomb LLC, and Alfred E. Sanders, Jr., Esq., as its
special counsel.

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


IMH FINANCIAL: Juniper NVM Has 12.4% Stake as of Dec. 15
--------------------------------------------------------
Juniper NVM, LLC reported in a Schedule 13D/A filed with the
Securities and Exchange Commission that as of Dec. 15, 2017, it
beneficially owns 2,296,352 shares of common stock, par value $0.01
per share, of IMH Financial Corporation, constituting 12.4 percent
of the shares outstanding.

The percentage is based on (i) 16,253,426 shares of Common Stock
outstanding as of Nov. 20, 2017 (including an aggregate of
15,194,062 shares of the Issuer’s Class B-1, Class B-2, Class
B-3, Class B-4 and Class C common stock that were outstanding as of
that date), as reported in the Form 10-Q filed by the Issuer with
the SEC on Nov. 20, 2017, plus (ii) 1,296,352 shares of Common
Stock issuable upon conversion of the Series B-1 Cumulative
Convertible Preferred Stock held by Juniper NVM, LLC, plus (iii)
1,000,000 shares of Common Stock issuable upon exercise of a
warrant to purchase 1,000,000 shares of Common Stock held by
Juniper NVM, LLC.

JCP Realty Partners, LLC also reported beneficial ownership of
1,308,500 (7.5%) while Juniper Capital Partners, LLC beneficially
owned 3,604,852 (18.2%).

Each of Jay A. Wolf and Alex Krys serve as a managing partner of
Juniper Capital Partners, LLC, which is principally engaged in
making, holding, managing, and disposing of private equity and real
estate investments.  The principal business address of Juniper
Capital Partners, LLC is 11150 Santa Monica Blvd., Suite 1400, Los
Angeles, California 90025.

                       Pledge Agreement

On Dec. 15, 2017, Juniper NVM entered into a loan agreement with
Stable Road Capital, LLC, a California limited liability company,
whereby Juniper NVM borrowed $4,000,000 from the Lender, as
evidenced by a promissory note of even date therewith.  To secure
its obligations to the Lender with respect to the Loan, Juniper NVM
pledged and granted a security interest in the Series B-1
Cumulative Convertible Preferred Stock, par value $0.01 per share,
of the Issuer, held by it and proceeds thereof pursuant to a Stock
Pledge Agreement, dated as of Dec. 15, 2017, by Juniper NVM in
favor of the Lender and accepted and agreed to by JPMorgan Chase
Funding Inc., a Delaware corporation, and the Issuer.

The Note requires Juniper NVM to pay to the Lender, to be applied
to the outstanding obligations with respect to the Loan, any and
all amounts received in cash by Juniper NVM in its capacity as the
holder of the Pledged Shares as redemption or liquidation
(including deemed liquidation) proceeds or as proceeds of any sale
of the Pledged IMH Security.

The Pledge Agreement provides that if an Event of Default is
continuing and the Lender has declared a Loan Default pursuant to
the Note, all rights of Juniper NVM to exercise or refrain from
exercising the voting and other consensual rights it would
otherwise be entitled to exercise with respect to the Collateral
will cease and become vested in the Lender; provided that the
Lender is precluded from exercising any right or remedy with
respect to the Collateral for the applicable period described in
the Pledge Agreement.  If an Event of Default is continuing, the
Issuer has the right, on a one-time basis, to pay, in the case of
an Event of Default arising from the failure to pay a Loan
obligation, the amount of such unpaid obligation, and in the case
of any other Event of Default, all outstanding Loan obligations,
all as described in the Pledge Agreement.  If the Issuer makes such
payment or otherwise makes a payment to the Lender on account of
the Loan obligations, the Issuer is entitled to offset all amounts
owed to Juniper NVM on account of the Pledged Shares against the
amounts so paid by the Issuer.

JPM has the right, if an Event of Default is continuing, to acquire
the Loan obligations and the rights of the Lender under the Pledge
Agreement and the other Loan documents, all as described in the
Pledge Agreement, in which case JPM would have the right to cause
Juniper NVM to sell all of the Pledged Shares held by Juniper NVM
to JPM at the purchase price described in the Pledge Agreement.

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

                     https://is.gd/BQQ7mj

                    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.


INT'L SEAWAYS: Moody's Revises Outlook to Negative; Affirms B3 CFR
------------------------------------------------------------------
Moody's Investors Service changed the ratings outlook of
International Seaways, Inc. to negative from stable. Concurrently,
Moody's affirmed the company's B3 Corporate Family Rating (CFR) and
B3-PD Probability of Default Rating (PDR) and the debt ratings on
the senior secured bank facilities it guarantees, including the
revolving credit facility (due 2021) at Ba3 and the first-lien term
loan (due 2022) at B3. Moody's also lowered the Speculative Grade
Liquidity rating to SGL-3 (adequate) from SGL-2 (good).

The rating action follows the company's announcement of its
intention to acquire six very large crude carriers (VLCCs) for $434
million, including the anticipated assumption of their existing
debt of $311 million. The transaction is subject to a number of
closing conditions, including an amendment the INSW's credit
agreement as required, third party consents and regulatory
approvals, and is expected to close in the second quarter of 2018.

RATINGS RATIONALE

The negative outlook reflects Moody's expectation of diminished
liquidity and constrained credit metrics, including a substantial
rise in financial leverage to at least 6x pro forma (after Moody's
standard adjustments) compared to the post spinoff level in the
mid-2x range, and the likelihood that freight rate pressures will
continue to weigh on earnings and cash flow over the next year
amidst tanker oversupply.

The B3 rating continues to reflect the highly cyclical nature of
demand in the company's end markets and its vulnerability to spot
rate volatility (about 80% of revenue), as well as its small size
and limited history as an independent company. Moreover, the
company's higher debt burden following an active pace of fleet
purchases is likely to maintain leverage at elevated levels absent
a material improvement in the freight rate environment, which
Moody's anticipates will continue to exert downward pressure on the
free cash flow profile over 2018. The ratings also consider the
company's position as a leading player in its transportation
markets.

The SGL-3 rating anticipates the company will maintain adequate
liquidity at least over the near term, supported by cash balances
(reported at about $70 million as of September 2017) and
availability under the $50 million revolving credit facility, of
which about $20 million remains undrawn. Free cash flow is
anticipated to be negative, given the higher capex spend for fleet
growth. The credit agreement has a covenant floor of $300 million,
of which the fair market value of the collateral of vessels was
approximately $1.2 billion as of September 30, 2017.

The ratings could be downgraded with a material deterioration in
the cash flow or liquidity profile. A capital structure or end
markets that remain under pressure leading to weaker credit
metrics, including FFO + Interest to Interest approximating 2.0
times or lower, could also drive downwards rating pressure as could
shareholder-friendly initiatives that compromise creditor
interests.

Upward ratings momentum could occur with improving market
conditions that drive sustained growth in revenues and earnings
with a financial profile that results in sustained FFO + Interest
to Interest above 3.0 times, stronger liquidity and a supportive
capital structure.

Outlook Actions:

Issuer: International Seaways, Inc.

-- Outlook changed to Negative from Stable

Affirmations:

Issuer: International Seaways, Inc.

-- Probability of Default Rating, at B3-PD

-- Corporate Family Rating, at B3

Issuer: International Seaways Operating Corporation

-- Senior Secured 1st lien Term Loan, at B3

-- Senior Secured First Lien Revolving Credit Facility, at Ba3

Downgrades:

Issuer: International Seaways, Inc.

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

International Seaways, Inc., a Marshall Islands corporation, is a
leading provider of ocean-based transportation of crude oil and
refined petroleum in the international market. It operates its
business under two segments: international crude tankers and
international product carriers. The company has a fleet of 62
vessels of varying classes (pro forma for the acquisition),
including ownership interests in 4 LNG carriers and 2 FSO vessels
through joint partnerships. Total revenues were $306 million for
the last twelve months ended September 30, 2017.

The principal methodology used in these ratings was Shipping
Industry published in December 2017.



ITT EDUCATIONAL: A&G Completes Sale of Daniel Webster College
-------------------------------------------------------------
A&G Realty Partners has closed the sale of Daniel Webster College's
53-acre campus, formerly owned by ITT Educational Services, to a
Hong Kong-based user for $11.6 million, the company announced.  The
transaction -- approved October 25, 2017 by the U.S. Bankruptcy
Court in Indianapolis -- followed the closing in November of A&G's
successful sale of the college's aviation-specific facilities to
Southern New Hampshire University (SNHU).

"We are excited about the activity we have been getting for all our
sales in both the for-profit and non-profit education sectors,
allowing us to maximize value for these properties," noted Andy
Graiser, Co-President of Melville, N.Y.-based A&G Realty Partners.
"As with our recent sales of other educational assets -- some
formerly owned by ITT Educational Services, others by Dowling
College on Long Island -- the Daniel Webster process attracted
several bidders.  In the end, we achieved above-market-rate
values."

Daniel Webster College's 53-acre campus housed 13 buildings
totaling 281,000 square feet.  Assets at the former aviation school
included a hangar, flight center, library, gym, townhouses and six
other centers/halls.  In October, SNHU won its $410,000 bid for the
school's tower building, flight center and hangar in a
court-approved transaction.

The sale process for the Daniel Webster campus, located near an
airport in Hillsborough County, highlights how the real estate
assets of educational institutions can be quite attractive to
international users looking to expand in the United States, said
Emilio Amendola, Co-President of A&G Realty.

The key, he said, is to reach those potential buyers with an
effective marketing campaign.  "With our marketing strategy here,
we went wide," Mr. Amendola explained.  "We targeted commercial
real estate developers, office and educational users and other
potential buyers via extensive media placements and ad buys around
the globe."

The effort netted four qualified bidders, including a stalking
horse bidder responsible for an initial $6.7 million bid for the
assets.  "The trustee was quite pleased to see the total price,
including the earlier SNHU sale, come in at $12 million -- an
excellent result for assets of this type in the Nashua
marketplace," Mr. Amendola said.

This past April, A&G and Madison Hawk Partners sold Dowling
College's 25-acre Oakdale campus on Long Island for more than $26
million.  Prior to the auction, experts assumed the assets -- six
buildings as well as the former William Kissam Vanderbilt estate
overlooking the Connetquot River -- would sell for between $10 and
$15 million.

In disposing the nationwide real estate assets of ITT, formerly one
of the largest for-profit technical schools in the country, A&G has
achieved prices literally tens of millions of dollars higher in
total than what the bankruptcy trustee had expected, Mr. Amendola
noted.  "Including Daniel Webster, to date we have sold or put
under contract 30 out of 31 ITT properties and are already at $85
million in value," he said.  "When all is said and done, the total
recovery value here is likely to approach $90 million."

Known for its work on behalf of healthy and distressed retail
companies alike, A&G launched its Non-Retail Properties Division
earlier this year.  The company continues to broaden its work in
areas such as office, warehouse, residential, and, in particular,
higher education.  In 2017, the firm sold 31 office buildings, two
college campuses, three warehouses, 28 residential properties, and
a mulch farm.

In addition to office and warehouse, A&G's nonretail division
focuses on a wide range of residential properties, including rental
apartments, condos and single-family homes; its specialists also
help clients maximize the value of vacant land.  A&G Realty was
founded in 2012 by Graiser and Amendola, who have more than 50
years of combined experience in commercial real estate.
Collectively, the experts on A&G's team have been responsible for
more than 12,000 transactions, more than $5 billion in sales, and
lease mitigation for more than 400 companies.  Retail clients have
included Sports Authority, Office Depot, CVS, Supervalu, The Great
Atlantic & Pacific Tea Co., Pier1 Imports, Radio Shack, Aerosoles,
and Ascena Retail Group, to name a few.

                       About ITT Educational

ITT Educational Services, Inc., is a proprietary provider of
post-secondary degree programs in the United States based on
revenue and student enrollment.  As of Dec. 31, 2015, ITT was
offering: (a) master, bachelor and associate degree programs to
approximately 45,000 students at ITT Technical Institute and Daniel
Webster College locations; and (b) short-term information
technology and business learning solutions for individuals.

ITT Educational and its subsidiaries ESI Service Corp. and Daniel
Webster College, Inc. ceased operations and commenced bankruptcy
proceedings by filing voluntary petitions for relief under Chapter
7 of the Bankruptcy Code (Bankr. S.D. Ind. Case No. 16-07207) on
Sept. 16, 2016.


KADMON HOLDINGS: Recurring Losses Raise Concern Doubt
-----------------------------------------------------
Kadmon Holdings, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $21.70 million on $2.28 million of total
revenue for the three months ended September 30, 2017, compared
with a net loss of $117.16 million on $5.69 million of total
revenue for the same period in 2016.

For the nine months ended September 30, 2017, the Company recorded
a net loss of $61.58 million on $10.80 million of total revenue,
compared to a net loss of $187.37 million on $21.78 million of
total revenue for the same period last year.

At September 30, 2017, the Company had total assets of $90.58
million, total liabilities of $85.15 million, and $5.43 million in
total stockholders' equity.

The Company has not established a source of revenues sufficient to
cover its operating costs, and as such, has been dependent on
funding operations through the issuance of debt and sale of equity
securities.  The Company expects to incur further losses over the
next several years as it develops its business.

At September 30, 2017 the Company had working capital of $17.5
million.  Accumulated deficit amounted to $218.7 million and $155.7
million at September 30, 2017 and December 31, 2016, respectively.
Net cash used in operating activities was $45.9 million and $37.8
million for the nine months ended September 30, 2017 and 2016,
respectively.  The Company anticipates that it will need to raise
additional capital to fund its continued operations.  The Company
may not be successful in its efforts to raise additional funds or
achieve profitable operations.  Amounts raised will be used for
further development of the Company's product candidates, to provide
financing for marketing and promotion, to secure additional
property and equipment, and for other working capital purposes.
Even if the Company is able to raise additional funds through the
sale of its equity securities, or loans from financial
institutions, the Company's cash needs could be greater than
anticipated in which case it could be forced to raise additional
capital.

In September 2017, the Company raised $80.4 million in gross
proceeds ($75.5 million net of $4.9 million in underwriting fees,
commissions and financial advisory fees) from the issuance of
26,775,000 shares of common stock and warrants to purchase
10,710,000 shares of common stock at an initial exercise price of
$3.35 per share for a term of 5 years from the date of issuance at
a combined price of $3.001 per share and accompanying warrant
("2017 Public Offering").  Gross proceeds of $66.8 million and the
issuance of 22,275,000 shares of common stock and warrants to
purchase 8,910,000 shares of common stock closed in September 2017
and the remaining $13.6 million of gross proceeds and the issuance
of 4,500,000 shares of common stock and warrants to purchase
1,800,000 shares of common stock closed in October 2017.  In March
2017, the Company raised $22.7 million in gross proceeds ($21.3
million net of $1.4 million in placement agent fees) from the
issuance of 6,767,855 shares of common stock, at a price of $3.36
per share, and warrants to purchase 2,707,138 shares of common
stock at an initial exercise price of $4.50 per share for a term of
13 months from the date of issuance ("2017 Private Placement").  At
the present time, the Company has no commitments for any additional
financing, and there can be no assurance that, if needed,
additional capital will be available to the Company on commercially
acceptable terms or at all.  If the Company cannot obtain the
needed capital, it may not be able to become profitable and may
have to curtail or cease its operations.  These and other factors
raise substantial doubt about the Company's ability to continue as
a going concern.

A copy of the Form 10-Q is available at:

                       https://is.gd/vJ2qsW

                    About Kadmon Holdings, Inc.

Kadmon Holdings, Inc., a biopharmaceutical company, discovers,
develops, and commercializes small molecules and biologics within
autoimmune and fibrotic, oncology, and genetic diseases.  The
Company is headquartered in New York, New York.



KIWA BIO-TECH: Incurs $728,000 Net Loss in Third Quarter
--------------------------------------------------------
Kiwa Bio-Tech Products Group Corporation filed with the Securities
and Exchange Commission its quarterly report on Form 10-Q reporting
a net loss of $727,808 on $31,025 of revenue for the three months
ended Sept. 30, 2017, compared to net income of $93,601 on $1.18
million of revenue for the three months ended Sept. 30, 2016.

For the nine months ended Sept. 30, 2017, the Company reported net
income of $2.48 million on $30,411 of revenue compared to net
income of $331,707 on $1.18 million of revenue for the nine months
ended Sept. 30, 2016.

As of Sept. 30, 2017, Kiwa Bio-Tech had $31.95 million in total
assets, $30.10 million in total liabilities and $1.85 million in
total shareholders' equity.

As of Sept. 30, 2017, the Company had an accumulated deficit of
$17,072,416, and net cash used in continuing operating activities
of $3,367,270.  

According to Kiwa Bio-Tech, "Though the Company is generating
additional revenue but not cash flow while seeking additional
equity financing, the Company does not have enough cash to support
the operation without raising additional capital, within the one
year from the date of the issuance of these financial statements.
"To the extent that the Company is unable to successfully raise the
capital necessary to fund its future cash requirements on a timely
basis and under acceptable terms and conditions, the Company may
not have sufficient liquidity to maintain operations and repay its
liabilities for the next twelve months.  As a result, the Company
may be unable to implement its current plans for expansion, repay
its debt obligations or respond to competitive pressures, any of
which would have a material adverse effect on its business,
prospects, financial condition and results of operations."

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

                      https://is.gd/KFCH99

                       About Kiwa Bio-Tech

Headquartered in Ontario, California, Kiwa Bio-Tech Products Group
Corporation -- www.kiwabiotech.com -- develops, manufactures,
distributes, and markets innovative, cost-effective and
environmentally safe bio-technological products for agricultural
and environmental conservation.  The Company's products are
designed to enhance the quality of human life by increasing the
value, quality and productivity of crops and decreasing the
negative environmental impact of chemicals and other wastes.

Friedman LLP, in New York, New York, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2016, noting that the
Company had a working capital deficiency of $5,856,324 and
stockholders' deficiency of $4,244,052 as at Dec. 31, 2016.  These
factors raise substantial doubt about its ability to continue as a
going concern.


KONA GRILL: Debt Covenant Violations Raise Going Concern Doubt
--------------------------------------------------------------
Kona Grill, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $3.32 million on $44.39 million of sales
for the three months ended September 30, 2017, compared with a net
loss of $2.55 million on $43.36 million of sales for the same
period in 2016.

At September 30, 2017, the Company had total assets of $103.59
million, total liabilities of $85.62 million, and $17.98 million in
total stockholders' equity.

The Company has incurred losses resulting in an accumulated deficit
of $67.3 million, has a net working capital deficit of $6.9 million
and outstanding debt of $38.0 million as of September 30, 2017.
These conditions together with recent debt covenant violations and
subsequent debt covenant waivers and debt amendments, raise
substantial doubt about the Company's ability to continue as a
going concern.  The ability to continue as a going concern is
dependent upon the Company generating profitable operations,
improving liquidity and reducing costs to meet its obligations and
repay its liabilities arising from normal business operations when
they become due.  While the Company believes that its existing cash
and cash equivalents as of September 30, 2017, coupled with its
anticipated cash flow generated from operations, will be sufficient
to meet its anticipated cash requirements, there can be no
assurance that the Company will be successful in its plans to
increase profitability or to obtain alternative financing on
acceptable terms, when required or if at all.

A copy of the Form 10-Q is available at:

                       https://is.gd/dlGQbS

                         About Kona Grill

Kona Grill, Inc., including its wholly-owned subsidiaries, owns and
operates upscale casual dining restaurants under the name "Kona
Grill."


MAMMOET-STARNETH: Hires Richards Layton as Co-Counsel
-----------------------------------------------------
Mammoet-Starneth LLC seeks authority from the U.S. Bankruptcy Court
for the District of Delaware to employ Richards Layton & Finger,
P.A., as co-counsel to the Debtor.

Mammoet-Starneth requires Richards Layton to:

   a. prepare and file the petition, motions, applications,
      orders, reports, and papers necessary or desirable to
      commence the Chapter 11 case;

   b. coordinate with the Office of the U.S. Trustee for the
      District of Delaware, and the Bankruptcy Court, to the
      extent necessary, for the purpose of facilitating the
      orderly administration and prosecution of the Chapter 11
      case;

   c. assist the Debtor's lead bankruptcy counsel with the
      preparation, review and filing, of all motions,
      applications, answers, orders, reports, and other papers in
      connection with the administration of the Chapter 11 case;

   d. prepare the Debtor's schedules of assets and liabilities
      and statement of financial affairs, with the assistance of
      the Debtor's proposed chief restructuring officer, Getzler
      Henrich & Associates LLC;

   e. assist with the Debtor's post-petition sale process under
      section 363 of the Bankruptcy Code, including filing
      related motions and papers related thereto;

   f. assist the Debtor in pursuing approval of the Disclosure
      Statement for the Chapter 11 Plan of Liquidation of the
      Debtor, filed December 15, 2017, and confirmation of the
      Chapter 11 Plan of Liquidation of the Debtor, filed
      December 15, 2017;

   g. advise the Debtor of its rights, powers, and duties as a
      Debtor and debtor in possession under Chapter 11 of the
      Bankruptcy Code and take action to protect and preserve the
      Debtor's estate; and

   h. perform all other necessary legal services in connection
      with the liquidation process and the Chapter 11 case.

Richards Layton will be paid at these hourly rates:

     Counsels/Directors                   $560-$900
     Associates                           $295-$550
     Paralegals                           $250

Richards Layton will be paid a retainer in the amount of $90,000.

Richards Layton 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:  Richards Layton represented the Debtor in the weeks
              prior to the Petition Date. The billing rates and
              material financial terms in connection with such
              representation have not changed postpetition to
              date. The Firm's billing rates may change from time
              to time during the pendency of the Chapter 11 case
              due to annual and customary firm-wide adjustments
              to the Firm's hourly rates in the ordinary course
              of the Firm's business.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Richards Layton expects to work with the Debtor to
              develop a prospective budget and staffing plan to,
              in a reasonable effort, comply with any requests of
              the Office of the U.S. Trustee for the District of
              Delaware for information and additional disclosures
              and any orders of the Court.

Jason M. Madron, partner of Richards Layton & Finger, P.A., 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.

Richards Layton can be reached at:

     Jason M. Madron, Esq.
     RICHARDS LAYTON & FINGER, P.A.
     920 N. King Street
     Wilmington, DE 19801
     Tel: (302) 651-7700

              About Mammoet-Starneth LLC

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, its manager.

The case is assigned to Judge 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., and
as its local counsel. William Henrich at Getzler Henrich &
Associates, LLC, serves as the Debtor's chief restructuring
officer.


MAMMOET-STARNETH: Hires Sills Cummis as Co-Counsel
--------------------------------------------------
Mammoet-Starneth LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Delaware to employ Sills Cummis & Gross
P.C., as co-counsel to the Debtor.

Mammoet-Starneth requires Sills Cummis to:

   a. advise the Debtor of its rights, powers and duties as
      Debtor and debtor in possession under the Chapter 11 of the
      Bankruptcy Code;

   b. advise the Debtor with respect to the conduct of the
      Chapter 11 Case, including all of the legal and
      administrative requirements in Chapter 11;

   c. take action to protect and preserve the Debtor's estate,
      including the prosecution of actions on the Debtor's
      behalf, the defense of actions commenced against the Debtor
      in the Chapter 11 case, the negotiation of disputes in
      which the Debtor is involved and the preparation of
      objections to claims filed against the Debtor;

   d. prepare pleadings in connection with the Chapter 11 case,
      including motions, applications, answers, orders, reports
      and other papers necessary or otherwise beneficial to the
      administration of the Debtor's estate;

   e. assist the Debtor in obtaining the Court's approval of the
      post-petition debtor-in-possession financing facility;

   f. advise the Debtor in connection with any sale of its
      assets;

   g. appear before the Court and any other courts to represent
      the interests of the Debtor's estate before such courts,
      including the U.S. District Court for the Southern District
      of New York in the case styled New York Wheel Owner LLC v.
      Mammoet-Starneth LLC, et al., Case No. 1:17-cv-04026-JMF;

   h. attend meetings and represent the Debtor in negotiations
      with parties in interest;

   i. negotiate, prepare and seek approval of the Debtor's
      Chapter 11 plan and documents related thereto; and

   j. perform any other necessary or desirable legal services in
      connection with the Chapter 11 case.

Sills Cummis will be paid at these hourly rates:

     Members                    $425-$1,050
     Of Counsel                 $395-$625
     Associates                 $245-$495
     Paralegals                 $50-$295

Prior to the Petition Date, Sills Cummis received $475,000.
Mammoet USA North Inc., one of the members of the Debtor, funded
$325,000 of that amount, and the Debtor funded the remaining
$150,000.

Prior to the Petition Date, Sills Cummis debited $258,087.12
against the advance payments. The Debtor proposes that the
remaining $216,912.88 of the advance payments be treated as
retainer to be held as security.

Sills Cummis 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:  Sills Cummis entered into an engagement agreement
              with the Debtor, executed on November 3, 2017.
              Other than the periodic adjustments described
              above, the billing rates and material financial
              terms of the Firm's engagement have not changed
              postpetition from the prepetition arrangement.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Sills Cummis and the Debtor are developing a
              prospective budget and staffing plan for the
              Chapter 11 case.

Andrew H. Sherman, partner of Sills Cummis & Gross 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.

Sills Cummis can be reached at:

     Andrew H. Sherman, Esq.
     SILLS CUMMIS & GROSS P.C.
     One Riverfront Plaza
     Newark, NJ 07102
     Tel: (973) 643-7000

              About Mammoet-Starneth LLC

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, its manager.

The case is assigned to Judge 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 local counsel.  William Henrich at Getzler Henrich &
Associates, LLC, serves as the Debtor's chief restructuring
officer.


MAYFAIR MILLS: Seeks Court Approval to Access Unclaimed Funds
-------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Southern Carolina
entered an order re-opening the 2001 Chapter 11 Bankruptcy Case of
Mayfair Mills Inc.

The Debtor is seeking the Court's permission to claim and
administer unclaimed funds.  Specifically, the Debtor proposes to
obtain about $802,500 held by the South Carolina State Treasurer's
Office in the name "Starr Textile Mills Corp." as a result of the
demutualization of MetLife in 2001.  The Debtor asserts it
purchased all assets of Star Textile in 1980 and the Debtor is the
true owner of the unclaimed funds held by the S.C. State
Treasurer.

A hearing on the Debtor's request will be held Jan. 23, 2018, at
9:30 a.m., at the J. Bratton Davis U.S. Bankruptcy Courthouse, 1100
Laurel Street, Columbia, SC 29202.

Former creditors or equity holders of the Debtor that wish to
object or assert a remaining claim against the Debtor should appear
and object.  Additionally, any person that believe or assert that
the Debtor is not the owner of all assets of Starr Textile should
object.

Any objections to the unclaimed funds request must be filed with
the Court no later than Jan. 16.

For inquiries, contact the Debtor's counsel:

   G. William McCartyh, Jr., Esq.
   Daniel J. Reynolds, Jr., Esq.
   McCarthy Law Firm, LLC
   1517 Laurel St.
   Columbia, SC 29201
   Tel: (803) 771-8836
   Email: bmccarthy@mccarth-lawfirm.com
          dreynolds@mccarth-lawfirm.com

Mayfair Mills Inc. -- http://www.mayfairmills.com/-- makes 100%
cotton as well as polyester/cotton blended fabrics.

Mayfair Mills sought Chapter 11 bankruptcy court protection (Bankr.
D. S.C. Case No. 01-08491) on August 14, 2001.  The case was
teminated on June 30, 2003.


MEDRISK LLC: Moody's Puts B2 CFR Under Review for Downgrade
-----------------------------------------------------------
Moody's Investors Service placed the ratings of MedRisk, LLC under
review for downgrade. This follows the announcement that Carlyle
Group will acquire a majority stake in the company. The transaction
is expected to close before the end of 2017.

The following ratings were placed under review for downgrade:

- Corporate Family Rating at B2

- Probability of Default Rating at B2-PD

- Senior secured revolving credit facility due 2021 at Ba3 (LGD3)

- Senior secured first lien term loan due 2023 at Ba3 (LGD3)

While financing details have not been provided, Moody's believes
the company will have higher financial leverage following the
leveraged buyout. The rating review will focus on the post
transaction capital structure and the company's operating
performance. If Moody's believes that leverage will be at or below
6 times within a year of the transaction it is unlikely that the
CFR will be downgraded.

RATINGS RATIONALE

Excluding the announced acquisition by Carlyle, MedRisk's B2
Corporate Family Rating (currently under review) reflects the
company's aggressive financial policies, small size and market
position as a distant #2 behind One Call Medical. The rating also
reflects substantial concentration among the company's top
customers. The rating is supported by MedRisk's strong value
proposition to its payor clients and its strong organic growth.

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

MedRisk provides cost containment services for workers'
compensation claims. The company coordinates patient care and
actively manages the claims process through its network of
providers. MedRisk's customers are insurance carriers, third-party
administrators, self-insured employers, and state funds in the
workers compensation industry. Revenue is approximately $532
million.




MESOBLAST LIMITED: Receives RMAT Designation for MPC Therapy
------------------------------------------------------------
Mesoblast Limited announced that the United States Food and Drug
Administration (FDA) has granted Regenerative Medicine Advanced
Therapy (RMAT) designation for its novel mesenchymal precursor cell
(MPC) therapy in the treatment of heart failure patients with left
ventricular systolic dysfunction and left ventricular assist
devices (LVADs).  The RMAT designation under the 21st Century Cures
Act aims to expedite the development of regenerative medicine
therapies intended for the treatment of serious diseases and
life-threatening conditions.

This RMAT designation allows for multi-disciplinary, comprehensive
interactions with the FDA to support the efficient development of
and potential accelerated approval pathway for Mesoblast's
allogeneic MPCs in the treatment of heart failure patients with
LVADs.  The RMAT designation also offers eligibility for priority
review.  Once the biologics license application (BLA) for a product
is approved, the FDA can require various post-approval confirmatory
commitments.

Mesoblast Chief Executive Silviu Itescu stated, "The RMAT
designation speaks to the strength of the clinical data generated
to date using our cell-based therapy in these heart failure
patients with LVADs who are at risk of high mortality and have
extremely limited treatment options.  We are looking forward to
working closely with the FDA in advancing this program with the aim
of providing a new therapeutic option for these patients with
exceptionally high unmet clinical need."

The basis of this RMAT designation grant came from the completed
study data set of a 30-patient randomized, blinded,
placebo-controlled pilot trial of Mesoblast's MPCs at a dose of 25
million cells in heart failure patients with LVADs, and related
analyses. These preliminary clinical data suggest that Mesoblast's
MPC product:

   * improved native heart function,

   * prolonged the time post LVAD implantation of a first
     hospitalization for a non-surgical major gastrointestinal
    (GI) bleeding event, and

  * improved early survival rates in these LVAD recipients.

A Phase 2b trial of MPCs at a dose of 150 million cells is
currently being conducted in 159 patients with heart failure and
LVADs and is funded by the NIH and the Canadian Institute of Health
Research.  This trial has completed enrollment and the primary
endpoint will be reached in Q1 CY 2018.

FDA has invited Mesoblast to have a multidisciplinary comprehensive
discussion as soon as possible regarding the development strategy
and the evidence needed to achieve an approval in an efficient
manner.

For more information on RMAT designation, please see
https://www.fda.gov/BiologicsBloodVaccines/CellularGeneTherapyProducts/ucm537670.htm

                      About Mesoblast

Australia-based Mesoblast Limited (ASX:MSB; Nasdaq:MESO) is a
global developer of innovative cell-based medicines.  The Company
has leveraged its proprietary technology platform, which is based
on specialized cells known as mesenchymal lineage adult stem cells,
to establish a broad portfolio of late-stage product candidates.
Mesoblast's allogeneic, 'off-the-shelf' cell product candidates
target advanced stages of diseases with high, unmet medical needs
including cardiovascular conditions, orthopedic disorders,
immunologic and inflammatory disorders and oncologic/hematologic
conditions.

Mesoblast Limited reported a net loss before income tax of US$90.21
million for the year ended June 30, 2017, a net loss before income
tax of US$90.82 million for the year ended June 30, 2016, and a net
loss before income tax of US$96.24 million for the year ended June
30, 2015.  As of Sept. 30, 2017, Mesoblast had US$671.9 million in
total assets, US$112.30 million in total liabilities and US$559.6
million in total equity.

PricewaterhouseCoopers, in Melbourne, Australia, issued a "going
concern" opinion on the consolidated financial statements for the
year ended June 30, 2017, noting that Company has suffered
recurring losses from operations that raise substantial doubt about
its ability to continue as a going concern.


METROTEK ELECTRICAL: Jan. 16 Joint Hearing on Plan and Disclosures
------------------------------------------------------------------
Judge Christine M. Gravelle of the U.S. Bankruptcy Court for the
District of New Jersey will convene a joint hearing on Jan. 16,
2018 at 2:00 p.m. to determine the adequacy of Metrotek Electrical
Services Company's disclosure statement and, if warranted, to
approve its plan of reorganization.

Written objections to the adequacy of the Disclosure Statement must
be filed and served seven days prior to the Jan. 16, 2018 hearing.


Written objections to the Plan of Reorganization must be filed with
and served no later than seven days before the hearing; ballots
accepting or rejecting the Plan must be filed no later than seven
days before the hearing.

                        About MetroTek

MetroTek Electrical Services Company filed a chapter 11 petition
(Bankr. D.N.J. Case No. 16-25628) on August 15, 2016.  The petition
was signed by Reiner Jaeckle, chief operating officer. The Debtor
disclosed $641,184 in assets and $2.56 million in liabilities.

The case is assigned to Judge Christine Gravelle.  The Debtor is
represented by Allen I. Gorski, Esq., at Gorski & Knowlton PC.

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

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


MJM DEVELOPMENT: Hires Lupo & Associates as Accountant
------------------------------------------------------
MJM Development LLC, seeks authority from the U.S. Bankruptcy Court
for the District of Connecticut to employ Lupo & Associates Inc.,
as accountants to the Debtor.

MJM Development requires Lupo & Associates to:

   a. prepare and complete the Debtor's regular and customary
      yearly tax returns and annual audit for the fiscal year and
      towards this end, including preparation of balance sheets,
      income statements and statements of changes of financial
      position and the like;

   b. assist the Debtor with the preparation of monthly operating
      reports which include statements of aged payables and
      receivables and any other financial statements necessary to
      meet the Court's requirements;

   c. assist the Debtor in the preparation of any plan of
      reorganization; and

   d. consult with the Debtor, creditors, its attorneys and other
      accounting, tax and financial matters and provide such
      other professional services as may be required.

No fees will be charged by Lupo & Associates to the Debtor for the
services.

Lupo & Associates acted as accountants to MJM Industries, Inc., MJM
Landscaping, Inc., MJM Stamford Hardware, LLC, MJM Stone Supply of
Stamford Inc., MJM Stone Supply LLC, MJM Development, LLC, Miguel
Juarez, and Orfilda Juarez (until 2010).

Paul X. Lupo, principal of Lupo & Associates 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 Debtor and its estates.

Lupo & Associates can be reached at:

     Paul X. Lupo
     LUPO & ASSOCIATES INC.
     375 Bridgeport Ave.
     Shelton, CT 06484
     Tel: (203) 924-5760

              About MJM Development LLC

MJM Development, LLC is a privately-held company in Stamford,
Connecticut, engaged in real estate development. Its principal
place of business is located at 165-171 Stillwater Avenue, 17
Stillwater Place, Lot 3 Stillwater Place Stamford, Connecticut. The
Debtor previously sought bankruptcy protection (Bankr. D. Conn.
Case No. 12-52118) on Nov. 27, 2012.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Conn. Case No. 17-51361) on November 7, 2017.
Miguel A. Juarez, its operating manager, signed the petition.

At the time of the 2017 filing, the Debtor disclosed that it had
estimated assets and liabilities of $1 million to $10 million.

Judge Julie A. Manning presides over the case.


NAVILLUS TILE: Hires Otterbourg as Litigation Counsel
-----------------------------------------------------
Navillus Tile, Inc., d/b/a Navillus Contracting, seeks authority
from the U.S. Bankruptcy Court for the Southern District of New
York to employ Otterbourg P.C., as special litigation and conflicts
counsel to the Debtor.

Navillus Tile requires Otterbourg P.C. to:

   (a) provide legal services in connection with matters for
       which the Lead Counsel may have a conflict relating to
       Signature Bank and the New York City Housing Authority;

   (b) provide support services, in connection with specific
       dispute resolution issues, including mediation between
       the Debtor and its major creditors or its major
       contracting partners; and

   (c) assist as needed and as requested in any court hearings
       in the chapter 11 case related to the foregoing.

Otterbourg P.C. will be paid at these hourly rates:

     Partner/Counsel               $600-$1,175
     Associate                     $295-$750
     Paralegal                     $285

Pre-petition, Otterbourg P.C. was paid a retainer in the amount of
$25,000. As of the Petition Date, $5,000 remained from the
retainer.

Otterbourg P.C. 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:  Otterbourg P.C. was retained pre-petition to
              provide restructuring and litigation advice,
              including services related to the potential filing
              of a Chapter 11 petition. Pursuant to the pre-
              petition retention agreement, Otterbourg P.C. was
              to be paid based upon the hourly fees incurred,
              plus expenses. Amounts for services rendered were
              paid from a $25,000 pre-petition retainer. As of
              the Petition Date, $5,000 remained from the
              retainer and all amounts for services rendered by
              Otterbourg P.C. pre-petition have been paid or will
              be waived by Otterbourg P.C.. The pre-petition
              retention only differs in that, pursuant to
              Otterbourg P.C.'s regular practice, its hourly
              billable rates are adjusted annually in October.
              Accordingly, Otterbourg P.C.'s hourly rates have
              increased since it entered into the pre-petition
              retention agreement with Navillus. The billing
              rates set forth in the Application reflect
              Otterbourg P.C.'s post October 1st billing rates.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Yes, the Debtor has approved Otterbourg P.C.'s
              budget and staffing plan for the period for the
              initial stages of Otterbourg P.C.'s work on behalf
              of the Debtor, which will be reviewed going forward
              with the Debtor.

Melanie L. Cyganowski, partner of Otterbourg 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.

Otterbourg P.C. can be reached at:

     Melanie L. Cyganowski, Esq.
     Otterbourg P.C.
     230 Park Avenue
     New York, NY 10169-0075
     Tel: (212) 661-9100

              About Navillus Tile, Inc.,
             d/b/a Navillus Contracting

Navillus Tile Inc., is one of the largest subcontractors and
general contractors in New York, specializing as a high-end
concrete and masonry subcontractor on large private and public
construction projects in the New York metropolitan area. Navillus
works closely with many of New York's most prominent architects,
builders, owners, government agencies and institutions and is
pre-qualified by numerous commercial and government agencies.

Navillus operates its business from a midtown Manhattan
headquarters which it has leased since 2015.

Donal O'Sullivan, which founded the business with his brothers, is
the sole director, president and chief executive officer of
Navillus.

Navillus Tile filed for Chapter 11 bankruptcy (Bankr. S.D.N.Y. Case
No. 17-13162) on Nov. 8, 2017, estimating $100 million to $500
million in assets and debt.

Judge Sean H. Lane is the case judge. Cullen and Dykman LLP is the
Debtor's legal counsel. Otterbourg P.C., serves as special
litigation and conflicts counsel.

On November 28, 2017, the U.S. Trustee for Region 2 appointed an
official committee of unsecured creditors.


NELSON DERMATOLOGY: Court Approves First Amended Disclosures
------------------------------------------------------------
Judge Brian F. Kenney of the U.S. Bankruptcy Court for the Eastern
District of Virginia issued an order approving Nelson Dermatology,
PLLC's first amended disclosure statement to accompany its plan of
reorganization dated Oct. 31, 2017.

Objections to the Confirmation of Debtor's Chapter 11 Plan must be
filed by Jan. 9, 2018.

General Unsecured Claims are classified in Class 1, and will
receive a distribution of up to 25% of their Allowed Claims in
quarterly distributions commencing no sooner than 90 days after the
Effective Date, and continuing thereafter until the earlier of the
5th anniversary of the Effective Date or the Creditors have
received a 25% dividend, without interest, on account of their
Allowed Claims. Based on the Debtor's cash flow projections, the
Debtor estimates that Holders of Allowed General Unsecured Claims
will receive a dividend of approximately 10% of their Allowed
Claims, with payments commencing in February 2021.

The latest plan asserts that if the Debtor does not meet its
projections, Holders of Allowed General Unsecured Claims may
receive nothing under the Plan. Under the current projections,
Holders of General Unsecured Claims will receive their first
payment in the year 2021.

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

     http://bankrupt.com/misc/vaeb17-11536-103.pdf

                   About Nelson Dermatology

Nelson Dermatology, PLLC, filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Va. Case No. 17-11536) on May 5, 2017.  Judge Brian F.
Kenney presides over the case.


NEWLEAD HOLDINGS: N.Y. Court Awards $22M Damages to TransAsia
-------------------------------------------------------------
The New York Supreme Court has awarded London-based commodity
trader TransAsia Commodities Investment Ltd. over $22 million in
contractual and punitive damages, sanctions and interest against
Greek shipping company NewLead Holdings Ltd., its CEO Michael
Zolotas and related defendants.

The award, made public last week, represents a major victory in
what began nearly four years ago as a dispute over a failed coal
trade but evolved through 26 motions and the submission of 741
documents with the court into an elaborate "pump and dump" stock
scam by what had once been a Nasdaq-listed international shipping
company.

Early this year, Judge Charles Ramos of the Supreme Court of New
York County issued a judgment on liability in TransAsia's favor on
six separate counts, including common law fraud, fraudulent
inducement, civil conspiracy and alter ego.  The Judge referred the
case to Special Referee Jeremy Feinberg to conduct a damages trial
and to assess damages.  The Special Referee's report to the court
upheld TransAsia's financial claims virtually in full, and Judge
Ramos confirmed Judge Feinberg's recommendations.

"I give Judge Ramos great credit for his ability to grasp the
intricacies of this complex case," TransAsia director Serge Turko
said.  "In over 25 years in the commodities business I have never
seen anything close to what I have personally experienced during
this litigation.  Evidence presented during this litigation showed
that Michael Zolotas operated a sophisticated international
financial operation used to deceive TransAsia, investors and
regulators.  The operation involved money laundering, self-dealing
and insider trading, spanning multiple continents in 10
jurisdictions.  The true extent of the fraud will never be
uncovered as Zolotas deleted close to 3 years of evidence."

TransAsia's claims arose from contracts it signed with defendant
NewLead JMEG, an affiliated company headed at the time by defendant
Jan Berkowitz, in 2013 for the purchase of coal which, according to
court documents, NewLead never owned, from supposed mines it also
did not own.

In April 2017, during the damages hearing, Mr. Turko testified that
an expert witness concluded that the fraud by the defendants was
part of an ongoing "pump and dump" scheme designed to inflate
NewLead's share price.  NewLead had no coal, no coal mines and
lacked the financial ability to fulfill the contracts.

TransAsia's expert report concluded that NewLead used SEC filings
and press releases, touting coal contracts and the acquisition of
coal mines to inflate NewLead's share price for the personal
benefit of NewLead chief executive Zolotas and others.  They hid
their actions by issuing shares to previously undisclosed related
offshore entities and then using off-market sales and purchase
agreements transferring shares to avoid detection by financial
regulators.  All in all, Mr. Zolotas, his wife Chrysantha Giara and
his associates operated close to 75 entities in the Marshall
Islands, Panama, Liberia, Greece, Cyprus and the BVI using bearer
shares, unsuspecting nominee directors and nominee shareholders.
After issuing billions of shares and extracting hundreds of
millions of dollars from the company, NewLead Holdings current
market valuation is $300,000 compared to the $700 million valuation
some five years ago as stated in documents filed with the court.

False counterclaims and fraudulent contracts amounting to $241
million filed by the defendants against TransAsia forced Mr. Turko
to seek protection from the UK High Court by placing his company,
TransAsia Commodities Ltd., into administration.  The counterclaims
were withdrawn long after the damage had been inflicted.  The UK
trustee in administration assigned the claims against the NewLead
Holdings and the Defendants to TransAsia Commodities Investment
Ltd., who litigated this case.

NewLead JMEG LLC conceded liability on the breach of contract and
withdrew two of the counterclaims.  A further $241 million
counterclaim was also withdrawn when TransAsia presented evidence
that it was based on fraudulent contracts.  A former FBI Special
Agent assigned to the Forensic Team as an expert witness confirmed
that the coal contracts were fraudulent.  He pointed to the fact
that the body of the contracts were altered and "electronic
signatures were inserted."

NewLead, with its main offices in Piraeus, Greece, describes itself
as "an international, vertically integrated shipping, logistics and
commodity company providing ideal solutions for worldwide seaborne
transportation of dry bulk commodities and petroleum products
through owned and managed vessels."  Currently listed in the OTC
Pink Sheets, its recent share price was quoted at $0.0001.  Its
most recent annual report filed with the SEC was for 2015.

Separately, Mr. Zolotas is awaiting trial in Cyprus on unrelated
charges connected with allegations of bribery against a former
governor of the EU nation's central bank.  Extradited from Greece
after his arrest when Cyprus issued a European Arrest Warrant, Mr.
Zolotas was placed under house arrest and was charged with money
laundering in connection with an alleged EUR 1 million bribe which
it is alleged was channelled through Focus Maritime Corp., a
company he owns.  The trial is currently underway in Cyprus.

Jan Berkowitz, according to court records in the Laurel Circuit
Court, Kentucky, was indicted with his company JMEG Mine LLC, after
a grand jury returned an indictment stating he "committed the
offense of Theft of Services by intentionally obtaining services by
deception to avoid payment."  Earlier this year, Iredell County
Sheriff's Office in North Carolina reported that Berkowitz was
arrested and awaiting extradition as a fugitive to another state.

The litigation in New York Supreme Court is captioned as TransAsia
Commodities Investment Limited vs NewLead JMEG et al - index
654414/2013.  The Judgment was issued against all of the five
defendants -- NewLead JMEG LLC, NewLead Holdings (US) Corp.,
NewLead Holdings Ltd., Michael Zolotas and Jan Berkowitz.

                  About NewLead Holdings Ltd.

NewLead Holdings Ltd. -- http://www.newleadholdings.com/-- is an
international, vertically integrated shipping company that owns and
manages product tankers and dry bulk vessels.  NewLead currently
controls 22 vessels, including six double-hull product tankers and
16 dry bulk vessels of which two are newbuildings.  NewLead's
common shares are traded under the symbol "NEWL" on the NASDAQ
Global Select Market.

NewLead Holdings reported a net loss attributable to the Company's
common shareholders of US$97.1 million on US$27.8 million of
revenues for the year ended Dec. 31, 2015, compared to a net loss
attributable to Holdings' common shareholders of US$100 million on
US$12.07 million of revenues for the year ended Dec. 31, 2014.

As of Dec. 31, 2015, NewLead had US$122 million in total assets,
US$297 million in total liabilities, and a total shareholders'
deficit of US$175 million.

EisnerAmper LLP, in New York, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has incurred a net
loss and utilized cash in operating activities for the year ended
December 31, 2015 and as of Dec. 31, 2015, has both a working
capital deficiency and shareholders' deficit and, in addition, is
in default on a significant portion of its outstanding obligations.
All such events and conditions raise substantial doubt about the
Company's ability to continue as a going concern.


NOVABAY PHARMACEUTICALS: Has Stockholder OK for $10M Financing Deal
-------------------------------------------------------------------
NovaBay Pharmaceuticals, Inc., has obtained stockholder approval to
issue common stock as part of a $10.32 million financing agreement
with Ch-gemstone Capital (Beijing) Co., Ltd.  The vote was
announced at a Special Meeting of Stockholders held Dec. 20, 2017.

"We appreciate our stockholders' support for this financing with an
investor that has expressed interest in NovaBay's long-term
success," said Mark M. Sieczkarek, NovaBay's president and CEO. "We
look forward to completing this financing and plan to use these
funds to advance our Avenova growth strategy."

On Nov. 20, 2017, NovaBay entered into an agreement with
Ch-gemstone Capital (Beijing) Co., Ltd to purchase 2.4 million
shares of NovaBay common stock for $10.32 million.  The private
placement is expected to close in January 2018, subject to the
satisfaction of certain closing conditions, including approval for
funds transfer by the applicable regulatory authorities in China.

                 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.


ORCHARD ACQUISITION: Seeks Permission to Access Cash Collateral
---------------------------------------------------------------
Orchard Acquisition Company, LLC, and its affiliated debtors ask
the U.S. Bankruptcy Court for the District of Delaware for
authority to use cash collateral.

Prior to Petition Date, the Debtors entered into a Restructuring
Support Agreement and, in accordance with it, commenced the
solicitation of votes of holders of (i) claims arising under the
Debtors' Credit Agreement ("Term Loan Claims"), (ii) claims under
that certain Tax Receivable Agreement ("TRA Claims"), among The
J.G. Wentworth Company and the signatories thereto, among others
and (iii) common interests in The J.G. Wentworth Company, LLC
("Existing Partnership Interests"), with respect to the Joint
Prepackaged Chapter 11 Plan of Reorganization for Orchard
Acquisition Company, LLC and Its Debtor Affiliates, filed
contemporaneously with the Cash Collateral Motion.

The Plan, which has the support of the overwhelming majority of the
holders of the Debtors' funded indebtedness and equity holders,
contemplates the Company's restructuring through a debt-to-equity
conversion of all of the Debtors' funded prepetition debt
obligations. Implementation of the Restructuring will enable the
Company to de-lever its balance sheet and position its businesses
for stability and success after emergence from bankruptcy. Notably,
apart from the TRA Claims, all allowed general unsecured claims
will remain unimpaired under the Plan.

Orchard Acquisition is a borrower under the credit agreement, by
and among Orchard Acquisition, debtor J.G. Wentworth, LLC, the
lenders from time to time party thereto, Jefferies Finance LLC as
administrative agent and collateral agent and Jefferies Group,
Inc., as Swing Line Lender and an LC Issuer.

As of the Petition Date, there is approximately $449.5 million in
principal amount of term loans outstanding under the Credit
Agreement.  The Credit Agreement provides for a revolving credit
facility but the commitments to provide revolving loans was
terminated on Aug. 8, 2017, with no borrowings outstanding. The
stated maturity of the term loans is Feb. 8, 2019.  Other than the
Obligations, the Debtors do not have any debt for borrowed money.

The Obligations are guaranteed by Holdings and certain Non-Debtor
Affiliates and are secured by a first priority lien on
substantially all of the assets of the Obligors, subject to certain
exceptions. The Collateral includes the Debtor Obligors' primary
assets -- 100% of the direct and indirect equity interests in the
Non-Debtor Affiliates that are the operating companies. The
Collateral also includes deposit accounts of the Obligors and the
cash proceeds of Collateral, including cash that may be held in
pledged accounts of the Debtor Obligors.

Importantly, the Prepetition Agent and the Lenders to the
Restructuring Support Agreement who collectively hold more than 87%
of the Obligations ("Consenting Secured Parties") have agreed to
forbear from exercising remedies against the Non-Debtor Obligors so
long as the Restructuring Support Agreement is in full force and
effect notwithstanding that an event of default was triggered under
the Credit Agreement by the commencement of the Chapter 11 Cases.

Accordingly, the Debtors assert that the Restructuring Support
Agreement is a critical component to the successful implementation
of the Restructuring. However, the Restructuring Support Agreement
provides that the forbearance is conditioned on the Prepetition
Secured Parties receiving adequate protection for any diminution in
value to their Debtor Collateral resulting from imposition of the
automatic stay or the postpetition use, sale or lease of such
property.

Accordingly, the Debtors have agreed to comply with, the 13-week
cash disbursements and receipts budget, which budget will include a
13-week forecast of transaction costs and capital expenditures.
However, the Budget line item for cash disbursements will not
include any adequate protection payments contemplated under the
Interim Budget.

The adequate protection provided to each of the Prepetition Secured
Parties includes:

     (a) Section 507(b) Claim: allowed joint and several
superpriority administrative claims against the Debtors as provided
in section 507(b) of the Bankruptcy Code, with priority in payment
over any and all unsecured claims and administrative expense claims
against the Debtors, now existing or hereafter arising in the
Chapter 11 Cases, which administrative claim will have recourse to
and be payable from all prepetition and postpetition property of
the Debtors excluding the Carve Out Reserves , but including,
without limitation, and solely upon entry of the Final Order, the
proceeds and property recovered in respect of any Avoidance
Actions;

     (b) Liens on Unencumbered Property. Valid, binding,
continuing, enforceable, fully-perfected, non-voidable first
priority lien and/or replacement liens on, and security interest
in, all of the Debtors' now owned and hereafter acquired real and
personal property, tangible and intangible assets, and rights of
any kind or nature, wherever located, including, without
limitation, all prepetition and postpetition property of the
Debtors' estates, and all products, proceeds, rents and profits
thereof;

     (c) Liens Junior to Certain Existing Perfected Liens. Valid,
binding, continuing, enforceable, fully-perfected, non-voidable
junior priority replacement lien on, and security interest in, all
of Debtors' now owned and hereafter acquired real and personal
property, tangible and intangible assets, and rights of any kind or
nature, wherever located, including without limitation, all
prepetition and postpetition property of the Debtors' estates, and
all products and proceeds thereof;

     (d) Liens Senior to Certain Existing Liens. Valid, binding,
continuing, enforceable, fully-perfected non-voidable priming lien
on, and security interest in, the Debtors' Collateral and all of
the Debtors' now owned and hereafter acquired real and personal
property, tangible and intangible assets, and rights of any kind or
nature, wherever located, including, without limitation, all
prepetition and postpetition property of the Debtors' estates, and
all products, proceeds, rents and profits thereof;

     (e) Payment of all pre- and postpetition reasonable and
documented fees and expenses, when due, of (A) the Prepetition
Agent and the reasonable and documented fees and expenses of (1)
Davis Polk and Wardwell LLP, as counsel to the Prepetition Agent,
(2) Potter Anderson & Corroon LLP, as local counsel to the
Prepetition Agent, and (3) FTI Consulting, Inc., as financial
advisor to the Prepetition Agent, and (B) Weil, Gotshal & Manges
LLP and Morris, Nichols, Arsht & Tunnell LLP, as counsel and local
counsel to the New RCF Commitment Party, in each case incurred
before, on or after the Petition Date. The payment of such fees
will be subject to review and objection procedures in favor of the
Debtors and the U.S. Trustee;

     (f) Maintenance of the Debtors' cash management arrangements
in a manner consistent with the order authorizing the Debtors to
continue their cash management system;

     (g) Continued compliance with the financial reporting
requirements set forth in the Credit Agreement;

     (h) Requirement to provide the Prepetition Agent (for the
benefit of the Lenders) and the New RCF Commitment Party an updated
rolling 13-week cash flow forecast once every 14 calendar days;
and

     (i) Rights: to have access to and inspect the Debtors'
properties, to examine the Debtors' books and records, and to
discuss the Debtors' affairs, finances, and condition with the
Debtors' officers, management, financial advisors and counsel.

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

            http://bankrupt.com/misc/deb17-12914-60.pdf

                    About Orchard Acquisition

Orchard Acquisition Company, LLC, and its affiliates, including
The J.G. Wentworth Company, LLC -- http://www.jgw.com/-- provide
direct-to-consumer access to financing solutions through a variety
of avenues, including: mortgage lending, structured settlements,
annuity and lottery payment purchasing, prepaid cards, and conduits
to personal loan providers.

The Company's direct-to-consumer businesses use digital channels,
television, direct mail, and other channels to offer access to
financing solutions.  The Company warehouses, securitizes, sells,
or otherwise finances the assets that it purchases in transactions
that are structured to ultimately generate cash proceeds to it that
exceed the purchase price it paid for those assets.  As of Sept.
30, 2017, the Company had 725 full-time employees.  The Company is
headquartered in Radnor, Pennsylvania.

Orchard Acquisition and its affiliates, including J.G. Wentworth,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
D. Del. Case No. 17-12914) on Dec. 12, 2017.

Stewart A. Stockdale, its chief executive officer, signed the
petitions.  At the time of the filing, the Debtors estimated assets
and liabilities of $100 million to $500 million.

Judge Kevin Gross presides over the cases.

The Debtors hired Young Conaway Stargatt & Taylor, LLP, and Simpson
Thacher & Bartlett LLP as legal counsel; KPMG LLP as tax consultant
& restructuring advisor; Ernst & Young LLP as auditor; Evercore
Group L.L.C. as investment banker; Ankura Consulting Group, LLC, as
transaction advisor; and Prime Clerk LLC, as the Debtors' noticing
and claims agent & as administrative advisor.


OUTSOURCING STORAGE: Hearing on Disclosures Set for Feb. 22
-----------------------------------------------------------
Judge Robert N. Opel of the U.S. Bankruptcy Court for the Middle
District of Pennsylvania will convene a hearing on Feb. 22, 2018,
at 10:00 a.m. to consider approval of the disclosure statement
filed by Outsourcing Storage, Inc. dba RML Warehousing.

Jan. 16, 2018 is fixed as the last day for filing and serving
written objections to the disclosure statement.

                   About Outsourcing Storage

Outsourcing Storage, Inc., is engaged in a warehousing, storage and
shipping business for companies throughout the United States.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M. D. Pa. Case No. 17-00581) on Feb. 13, 2017.  The
case is assigned to Judge Robert N. Opel II.

At the time of the filing, the Debtor estimated assets of less than
$100,000 and liabilities of less than $50,000.

Cunningham, Chernicoff & Warshawsky, P.C., has been tapped to serve
as legal counsel to the Debtor.


PAPERWORKS INDUSTRIES: Moody's Cuts CFR to Ca on Restructuring
--------------------------------------------------------------
Moody's Investors Service downgraded the Corporate Family Rating of
PaperWorks Industries Inc. to Ca from Caa3 and the Probability of
Default Rating to Ca-PD from Caa3-PD. Moody's also downgraded the
senior secured notes rating to Ca from Caa3 following the company's
announcement that it has entered into a restructuring support
agreement with 87% of holders of its $360 million 9.5% notes due
2019 and with certain affiliates of the sponsor Sun Capital
Partners. The ratings outlook is stable.

Downgrades:

Issuer: PaperWorks Industries, Inc.

-- Probability of Default Rating, Downgraded to Ca-PD from Caa3-
    PD

-- Corporate Family Rating, Downgraded to Ca from Caa3

-- Senior Secured Regular Bond/Debenture, Downgraded to Ca (LGD4)

    from Caa3 (LGD4)

Outlook Actions:

Issuer: PaperWorks Industries, Inc.

-- Outlook, Changed To Stable From Negative

RATINGS RATIONALE

The downgrade reflects expectations of significant loss to the
existing bondholders based on the proposed restructuring
transaction. Moody's loss assessment does not include value of new
common equity.

The proposed restructuring includes repayment of the approximately
$27 million of borrowings under the company's revolver and exchange
of the notes for the new debt and 100% of the new common equity
(subject to dilution from the management incentive plan). Under the
restructuring support agreement, the company's pro forma capital
structure will consist of a $115 million term loan, including $70
million in interim financing provided by the bondholders that
entered into the restructuring support agreement.

The company said the proposed restructuring is solely focused on
the company's notes and revolving credit facility and will not
impact the company's customers, employees, vendors, nor other
secured and unsecured creditors. The company said it will continue
to honor its obligations to such parties in the ordinary course of
business with no disruptions.

To complete the proposed out-of-court restructuring, the company
must obtain agreement of at least 99% of note holders. Based on the
agreement, the parties will launch solicitation of the consent of
the remaining bondholders by January 5, 2018 and the agreement will
terminate if the restructuring is not consummated 45 days after the
launch of solicitation.

In the event the company's attempt for an out of court
restructuring is unsuccessful, the company and the bondholders that
entered the agreement may pursue an pre-packaged in court
restructuring.

Moody's views the proposed restructuring as a distressed exchange.
Once consummated, Moody's will append the Probability of Default
rating with an LD designation, indicating a limited default.

The stable outlook reflects expectations that the company will
execute contemplated restructuring and will receive $70 million in
interim financing to support its liquidity.

There is limited upside to the rating at this time given the high
expected loss on the existing notes. However, if the restructuring
is consummated as proposed, the company will have a more tenable
capital structure and improved credit metrics and liquidity.

The rating could be downgraded if the company does not consummate
the proposed out-of-court restructuring or if the terms of the
proposed restructuring change to increase the loss to the existing
bondholders.

The principal methodology used in these ratings was Global Paper
and Forest Products Industry published in October 2013.

Headquartered in Bala Cynwyd, Pennsylvania, PaperWorks is a
producer of coated recycled paperboard and folding cartons. The
company generated $385 million in revenue for the twelve months
ended September 2017.


PHASERX INC: Taps Cowen and Company as Investment Banker
--------------------------------------------------------
PhaseRx, Inc. seeks approval from the U.S. Bankruptcy Court for the
District of Delaware to hire an investment banker.

The Debtor proposes to employ Cowen and Company, LLC to, among
other things, provide financial advice; analyze its business and
financial condition; assist in identifying and evaluating parties
interested in a sale of its assets; and give advice on strategies
for negotiating with potential investors and other potential
parties to a sale.

Cowen will receive a fee payable upon consummation of a sale equal
to the greater of $1.25 million and 4% of the aggregate
consideration of the sale.

The firm will also receive a monthly fee in the sum of $50,000
payable upon execution of its engagement agreement with the Debtor;
and a fee of $50,000, payable upon the monthly anniversary of the
agreement.  If the monthly fees paid are greater than $250,000 in
the aggregate, then any amount paid over $250,000 will be credited
to the sale fee.

Cowen does not represent any interest adverse to the Debtor,
according to court filings.

The firm can be reached through:

     Lorie R. Beers
     Cowen and Company, LLC
     599 Lexington Avenue, 20th Floor
     New York, NY 10022
     Phone: 212-845-7990
     Fax: 646-562-1741

                        About PhaseRx Inc.

Based in Seattle, Washington, PhaseRx -- http://phaserx.com/--
operates as a biopharmaceutical company that develops a portfolio
of mRNA products to correct inherited, life-threatening liver
diseases in children.  The company was founded by Robert W.
Overell, Ph.D. in 2006.

PhaseRx, Inc., filed a Chapter 11 petition (D. Del. Case No.
17-12890), on December 11, 2017.  Robert W. Overell, Ph.D.,
president and CEO, signed the petition.  As of Sept. 30, 2017, the
Debtor had $4.10 million in total assets and $5.60 million in total
liabilities.

The Debtor tapped Christopher A. Ward, Esq. and Shanti M. Katona,
Esq. of Polsinelli PC as counsel; Cowen and Company, LLC as
investment banker; and Donlin, Recano & Co., Inc. as claims and
noticing agent.

The case is assigned to Judge Christopher S. Sontchi.


PHASERX INC: Taps Polsinelli as Legal Counsel
---------------------------------------------
PhaseRx, Inc. seeks approval from the U.S. Bankruptcy Court for the
District of Delaware to hire Polsinelli PC as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist in the disposition of the Debtor's assets;
and provide other legal services related to its Chapter 11 case.

The firm's hourly rates range from $425 to $625 for shareholders,
$250 to $375 for associates and $200 to $250 for
paraprofessionals.

The primary attorneys and paralegals expected to represent the
Debtor are:

     Christopher Ward     Shareholder     $625
     Shanti Katona        Shareholder     $425
     Nicholas Griebel     Associate       $260
     Lindsey Suprum       Paralegal       $250

Prior to the petition date, the Debtor paid Polsinelli two separate
retainers that totaled $100,000.

Polsinelli does not hold or represent any interest adverse to the
Debtor or to its estate and creditors.

The firm can be reached through:

     Christopher A. Ward, Esq.
     Polsinelli PC
     222 Delaware Avenue, Suite 1101
     Wilmington, DE 19801
     Phone: 302-252-0920
     Fax: 302-252-0921
     Email: cward@polsinelli.com

                        About PhaseRx Inc.

Based in Seattle, Washington, PhaseRx -- http://phaserx.com/--
operates as a biopharmaceutical company that develops a portfolio
of mRNA products to correct inherited, life-threatening liver
diseases in children.  The company was founded by Robert W.
Overell, Ph.D. in 2006.

PhaseRx, Inc., filed a Chapter 11 petition (Bankr. D. Del. Case No.
17-12890), on December 11, 2017.  Robert W. Overell, Ph.D., its
president and CEO, signed the petition.  As of Sept. 30, 2017, the
Debtor had $4.10 million in total assets and $5.60 million in total
liabilities.

The Debtor tapped Christopher A. Ward, Esq. and Shanti M. Katona,
Esq. of Polsinelli PC as counsel; Cowen and Company, LLC as
investment banker; and Donlin, Recano & Co., Inc. as claims and
noticing agent.

The case is assigned to Judge Christopher S. Sontchi.


PIVOTAL EDUCATIONAL: Cal. App Affirms K. Huynh Dismissal Judgment
-----------------------------------------------------------------
The Plaintiff in the case captioned KIM P. HUYNH, Plaintiff and
Appellant, v. FIRST NATIONAL BANK OF SOUTHERN CALIFORNIA, Defendant
and Respondent, No. D070873 (Cal. App.) appeals a judgment of
dismissal entered against her after the trial court sustained
without leave to amend the demurrer of defendant First National
Bank. Huynh contends the court erred because she pleaded sufficient
facts in her first amended complaint or proposed second amended
complaint to state a cause of action. The California Court of
Appeals concludes the court did not err and affirms the judgment.

Huynh was the president and secretary of Pivotal Educational
Enrichment Centers, PEEC, Inc. (Borrower). Borrower assigned its
claims in this matter to Huynh. In 2004, the Bank loaned Borrower
the principal amount of $934,700 (the Loan) evidenced by a
promissory note. The Note was secured by real property in El Cajon,
California. Further, the Note provides that "Borrower is in default
under this Note if Borrower does not make a payment when due under
this Note," or if Borrower failed "to do anything required by this
Note and other Loan Documents." Under the Note, the Bank had a
number of rights and remedies at its disposal if Borrower
defaulted, including the right to take possession of any
collateral.

In June 2015, Huynh filed her first amended complaint (FAC) against
the Bank, asserting causes of action for negligence, wrongful
foreclosure, breach of contract, and breach of the implied covenant
of good faith and fair dealing. The Bank responded by filing a
demurrer, arguing that the FAC did not allege facts sufficient to
state a cause of action. In Huynh's opposition to the demurrer, she
made no arguments to support the viability of her causes of action,
but argued instead that the court should grant leave to amend so
she could add certain factual allegations. She concurrently
submitted a proposed second amended complaint (SAC) to the court,
which attached exhibits "A" through "G" consisting of various loan
documents and two new communications dated in September 2010
between Huynh and Michael Cooney, the bank's executive vice
president. The Bank filed a reply, Huynh filed a supplemental
opposition to the Bank's demurrer, and the Bank filed a reply to
Huynh's supplemental opposition. The Appeals Court held a hearing
on the Bank's demurrer, in which it considered the factual
allegations pleaded in the FAC and proposed SAC. After taking the
matter under submission, the court granted the Bank's demurrer
without leave to amend and entered judgment in the Bank's favor.

Based on the Appeals Court's review of the record, the FAC and
proposed SAC fail to allege sufficient facts to state a cause of
action, beginning with the first asserted cause of action for
negligence. To state a cause of action for negligence, a plaintiff
must plead the existence of a cognizable legal duty on defendant's
part and a breach of that duty. Here, Huynh alleged the Bank had a
duty to update its records to indicate the Loan was no longer in
default and to record a new notice of default prior to recording
the 2011 notice of trustee's sale. The Appeals Court concludes the
Bank had no such duty to record a new notice of default because
Borrower defaulted on the Loan by March 2009, the Bank recorded a
notice of default, and Borrower neither cured the default nor made
a written request to rescind the notice of default.

In reviewing the FAC and proposed SAC, the Appeals Court properly
disregarded Huynh's contentions or unsupported conclusions that
Borrower was no longer in default by 2011. In December 2009, Huynh
acknowledged that Borrower's default was the cause for the Bank to
record a notice of default. Furthermore, neither the FAC nor
proposed SAC sufficiently alleges that Borrower complied with the
terms of the forbearance and modification agreement (FMA) to be
entitled to a rescission of the notice of default. At best, Huynh
alleged that Borrower was not in default "during the last three
months of 2010." However, under the FMA, Borrower was required to
timely make specified payments every month beginning Jan. 1, 2010,
until Dec. 1, 2010, at which point, "upon written request from
Borrower, [the Bank] will rescind its Notice of Default recorded
against the Property." The FAC and proposed SAC do not allege that
Borrower made all its timely payments in 2010 or that Borrower made
a written request to rescind the notice of default. Thus, the Bank
had no duty to rescind the notice of default.

Huynh makes no arguments on appeal directed toward her
contract-based claims. In any event, she did not sufficiently state
facts to support her contract causes of action, which were based on
the same set of facts and the assertion that the Bank needed to
record a new notice of default prior to foreclosure.

Huynh also does not argue on appeal she could plead additional
facts to state a cause of action that are not already included in
the proposed SAC, which was supposed to cure the defects in the
FAC. The trial court did not abuse its discretion in sustaining the
Bank's demurrer without leave to amend.

A copy of the Appeals Court's Dec. 13, 2017 decision is available
at https://is.gd/ExvXk4 from Leagle.com.

The Feldman Law Group and Gregory S. Cilli, for Plaintiff and
Appellant.

Mulvaney Barry Beatty Linn & Mayers, John A. Mayers --
jmayers@mulvaneybarry.com -- Kelly Ann Tran –
ktrant@mulvaneybarry.com and Christopher B. Ghio --
cghio@mulvaneybarry.com -- for Defendant and Respondent.

Based in San Diego, California, Pivotal Educational Enrichment
Centers, PEEC, INC. filed for chapter 11 bankruptcy protection
(Bankr. S.D. Cal. Case No. 11-18146) on Nov. 2, 2011, with
scheduled assets at $4,200 and scheduled liabilities at $1,051,576.
The petition was signed by Kim P. Huynh, president.

The Debtor is represented by Michael A. Feldman, Esq. of the Law
Offices of Michael Feldman.


PLASTIC2OIL INC: Will Sell Plastic-to-Oil Processors to Veridisyn
-----------------------------------------------------------------
Plastic2Oil, Inc. executed on Dec. 21, 2017, a Master Agreement
with Veridisyn Technologies, LLC, a company engaged in processing
waste plastics, pursuant to which the Customer agreed to purchase
all of its requirements for the catalyst and processors for its
plastic-to-oil (P2O) operations from the Company and to license
from the Company certain related P2O technology.  The Master
Agreement was executed pursuant to the Company's previously
disclosed Memorandum of Understanding with a then un-disclosed
party.

Under the Master Agreement, Veridisyn agreed to submit purchase
orders for six processors during the first three years of the
Master Agreement, two of which will be ordered within the first 120
days of executing the Master Agreement.  The purchase price of the
P2O processors will be $2 million for each of the initial two
processors and $3 million for each subsequent processor.  In
connection with the sale of processors, the Company agreed to
provide certain monitoring and technical support services.  In
addition, as consideration for the non-exclusive license of certain
P2O technology, Veridisyn agreed to pay the Company a royalty fee
of 5% of gross sales of fuel products by the Customer or its
customers.  The Company granted the Customer a right of first
refusal to purchase P2O processors for facilities to be developed
in certain southern U.S. States.

                      About Plastic2Oil

Plastic2Oil, Inc. was originally incorporated as 310 Holdings, Inc.
in the State of Nevada on April 20, 2006.  310 had no significant
activity from inception through 2009.  In April 2009, John
Bordynuik purchased 63% of the issued and outstanding shares of
310.  During 2009, the Company changed its name to JBI, Inc. and
began operations of its main business operation, transforming waste
plastics to oil and other fuel products.  During 2014, the Company
changed its name to Plastic2Oil, Inc.  P2O is a combination of
proprietary technologies and processes developed by P2O which
convert waste plastics into fuel.  P2O currently, as of April 7,
2017, has two processors at its Niagara Falls, NY facility.  Both
processors are currently idle since December 2013.  The Company's
P2O business has begun the transition from research and development
to a commercial manufacturing and production business.  The Company
is based in Niagara Falls, New York.

Plastic2Oil reported a net loss of $5.70 million on $21,950 of
total sales for the year ended Dec. 31, 2016, compared to a net
loss of $4.32 million on $16,728 of total sales for the year ended
Dec. 31, 2015.  

As of Sept. 30, 2017, Plastic2Oil had $2.07 million in total
assets, $13.64 million in total liabilities and a total
stockholders' deficit of $11.57 million.

The report from the Company's independent registered public
accounting firm, D. Brooks and Associates CPA's, P.A., in West Palm
Beach, Florida, for the year ended Dec. 31, 2016, includes an
explanatory paragraph stating that Company has experienced negative
cash flows from operations since inception, has net losses from
continuing operations, and has a working capital deficit and an
accumulated deficit.  These factors raise substantial doubt about
the Company's ability to continue as a going concern and to operate
in the normal course of business.


PRIMELINE UTILITY: Moody's Puts B3 CFR on Review Amid Vinci Deal
----------------------------------------------------------------
Moody's Investors Service placed its ratings for PrimeLine Utility
Services LLC under review for possible upgrade following the
December 21 announcement that Vinci Energies, a subsidiary of Vinci
S.A. (A3 stable), has agreed to acquire PrimeLine. The documents
governing PrimeLine's secured bank debt contain a change-of-control
provision, and Moody's expect that this debt will be repaid in
conjunction with Vinci's acquisition of the company. In such a
scenario, Moody's would subsequently withdraw its ratings for
PrimeLine upon successful completion of the pending acquisition and
associated debt repayment. If the debt is not repaid (either in
full or its entirety), Moody's would then evaluate the relative
creditworthiness of PrimeLine and the remaining associated debt
protection measures for the rated obligations in the context of new
ownership by the much more creditworthy Vinci parent company, and
the ratings would then likely warrant an upgrade to at least some
extent given the significant disconnect in current credit profiles
for PrimeLine and Vinci, according to the rating agency. The
transaction is subject to approval by the US regulatory
authorities. In the event that the transaction is not completed,
the review would be concluded and PrimeLine would continue to be
rated on a stand-alone basis by Moody's on its own merits.

The following ratings of PrimeLine were placed on review for
upgrade:

- Corporate Family Rating, B3

- Probability of Default Rating, Caa1-PD

- $60 million senior secured first lien Revolving Credit Facility

   due 2020, B3 (LGD3)

- $430 million senior secured first lien Term Loan B due 2022, B3

   (LGD3)

Outlook, changed to Rating under Review from Negative

RATINGS RATIONALE

The review for possible upgrade reflects Moody's expectation that
the acquisition by Vinci will improve PrimeLine's credit profile,
as it will benefit from Vinci's larger scale and much stronger
credit profile, as reflected in its higher rating. The review will
focus on the likelihood of a successful close to the proposed
transaction and whether the rated debt of PrimeLine will remain
outstanding.

In the event that the proposed acquisition is not successfully
completed, Primeline's outlook will continue to reflect the risk
that recent weakness in operating performance and associated
deterioration in credit metrics may continue to adversely impact
the company's credit profile, and in turn pressure its ratings. The
current B3 Corporate Family Rating for PrimeLine continues to
reflect Moody's view that the fundamentals of the electrical
transmission infrastructure industry remain relatively healthy, and
that underperformance in the company's key mid-Atlantic markets
could be due to transitory factors.

Headquartered in Seattle, Washington, PrimeLine Utility Services
LLC is a domestically focused provider of design and engineering
services, storm restoration services and the installation,
maintenance and repair of transmission, substation and distribution
infrastructure to electric utilities. PrimeLine's revenue for the
LTM ended September 30, 2017 was approximately $526 million.

The principal methodology used in these ratings was Construction
Industry published in March 2017.


PRO TANK PRODUCTS: Hires Deschenes & Associates as Counsel
----------------------------------------------------------
Pro Tank Products, Inc., seeks authority from the U.S. Bankruptcy
Court for the District of Montana to employ Deschenes & Associates
Law Offices, as counsel to the Debtor.

Pro Tank Products requires Deschenes & Associates to:

   -- give the Debtor legal advice with respect to its powers and
      duties as Debtor-in-Possession in the continued operation
      of the Debtor's business and management of the Debtor's
      property; and

   -- perform all legal services for the Debtor-in-Possession
      which may be necessary in connection with the Chapter 11
      case.

Deschenes & Associates will be paid at these hourly rates:

     Attorneys                 $325
     Paralegals                $125

Deschenes & Associates will be paid a retainer in the amount of
$4,909.

Deschenes & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Gary S. Deschenes, partner of Deschenes & Associates Law Offices,
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.

Deschenes & Associates can be reached at:

     Gary S. Deschenes, Esq.
     DESCHENES & ASSOCIATES LAW OFFICES
     309 First Avenue North
     Great Falls MT 59403-3466
     Tel: (406) 761-6112
     Fax: (406) 761-6784
     E-mail: gsd@dalawmt.com

              About Pro Tank Products, Inc.

Pro Tank Products is a privately held company based in Plentywood,
Montana, that manufactures tanks and tank components.

Pro tank is affiliated with Marsh Land & Livestock, Inc. and Marsh
Resources, LLC, both of which sought bankruptcy protection on Oct.
17 and Oct. 13, 2016, respectively (Bankr. D. Mont. Case Nos.
16-60999 and 16-61010).

Pro Tank Products, Inc., filed a Chapter 11 petition (Bankr. D.
Mont. Case No. 17-61181) on December 12, 2017. The Hon. Benjamin P.
Hursh presides over the case. Gary S. Deschenes, Esq., at Deschenes
& Associates Law Offices, 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 Todd J.
Marsh, its president.


PUMA BIOTECHNOLOGY: Needs Financing to Continue as Going Concern
----------------------------------------------------------------
Puma Biotechnology, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $77.18 million on $6.08 million of revenue
for the three months ended September 30, 2017, compared with a net
loss of $65.78 million on $nil of revenue for the same period in
2016.

For the nine months ended September 30, 2017, the Company recorded
a net loss of $227.88 million on $6.08 million of revenue, compared
to a net loss of $203.35 million on $nil of revenue for the same
period in the prior year.

At September 30, 2017, the Company had total assets of $181.86
million, total liabilities of $102.69 million, and $79.17 million
in total stockholders' equity.

The Company's historical consolidated financial statements have
been prepared under the assumption that the Company will continue
as a going concern.  The Company's former independent registered
public accounting firm has issued a report on its audited
consolidated financial statements for the year ended December 31,
2016, that included an explanatory paragraph referring to the
Company's significant operating losses and expressing substantial
doubt in its ability to continue as a going concern.  The Company's
ability to continue as a going concern is dependent upon its
ability to obtain additional equity financing or other capital,
attain further operating efficiencies, reduce expenditures, and,
ultimately, to generate revenue.  The Company's consolidated
financial statements do not include any adjustments that might
result from the outcome of this uncertainty.  However, if adequate
funds are not available to the Company when they need it, the
Company will be required to curtail its operations which would, in
turn, further raise substantial doubt about its ability to continue
as a going concern.

A copy of the Form 10-Q is available at:

                       https://is.gd/KI63dt

                   About Puma Biotechnology, Inc.

Puma Biotechnology, Inc., or Puma, is a biopharmaceutical company
based in Los Angeles, Calif., with a focus on the development and
commercialization of innovative products to enhance cancer care.



REAL INDUSTRY: Committee Hires Brown Rudnick as Co-Counsel
----------------------------------------------------------
The Official Committee of Unsecured Creditors of Real Industry,
Inc., and its debtor-affiliates, seeks authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Brown
Rudnick LLP, as co-counsel to the Committee.

The Committee requires Brown Rudnick to:

   a. assist and advise the Committee in its discussions with the
      Debtors and other parties-in-interest regarding the overall
      administration of these cases;

   b. represent the Committee at hearings to be held before the
      Court and communicate with the Committee regarding the
      matters heard and the issues raised as well as the
      decisions and considerations of the Court;

   c. assist and advise the Committee in its examination and
      analysis of the conduct of the Debtors' affairs;

   d. review and analyze pleadings, orders, schedules, and other
      documents filed and to be filed with the Court by
      interested parties in these cases; advise the Committee as
      to the necessity, propriety, and impact of the foregoing
      upon these cases; and consent or object to pleadings or
      orders on behalf of the Committee, as appropriate;

   e. assist the Committee in preparing such applications,
      motions, memoranda, proposed orders, and other pleadings as
      may be required in support of positions taken by the
      Committee, including all trial preparation as may be
      necessary;

   f. confer with the professionals retained by the Debtors and
      other parties-in-interest, as well as with such other
      professionals as may be selected and employed by the
      Committee;

   g. coordinate the receipt and dissemination of information
      prepared by and received from the Debtors' professionals,
      as well as such information as may be received from
      professionals engaged by the Committee or other parties-in-
      interest in these cases;

   h. participate in such examinations of the Debtors and other
      witnesses as may be necessary in order to analyze and
      determine, among other things, the Debtors' assets and
      financial condition, whether the Debtors have made any
      avoidable transfers of property, or whether causes of
      action exist on behalf of the Debtors' estates;

   i. negotiate, formulate a plan of reorganization for the
      Debtors; and

   j. assist the Committee generally in performing such other
      services as may be desirable or required for the discharge
      of the Committee's duties pursuant to section 1103 of the
      Bankruptcy Code.

Brown Rudnick will be paid at these hourly rates:

     Attorneys                     $300-$1,455
     Paraprofessionals             $285-$460

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

Bennett S. Silverberg, member of Brown Rudnick LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and (a) is not
creditors, equity security holders or insiders of the Debtors; (b)
has not been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Brown Rudnick can be reached at:

     Bennett S. Silverberg, Esq.
     BROWN RUDNICK LLP
     Seven Times Square
     New York, NY 10036
     Tel: (212) 209-4800

              About Real Industry, Inc.

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.

The Ad Hoc Noteholder Group whose members include DDJ Capital
Management, LLC, Osterweis Capital Management, HPS Investment
Partners, LLC, Hotchkis & Wiley Capital Management, and Southpaw
Credit Opportunity Master Fund L.P., 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.

Andrew S. Vara, Acting U.S. Trustee for Region 3, appointed five
creditors to serve on the Official Committee of Unsecured Creditors
in the Chapter 11 cases of Real Industry, Inc., and its
debtor-affiliates. The Committee hires Duane Morris LLP, as
Delaware counsel, Brown Rudnick LLP, as co-counsel, Goldin
Associates, LLC, as financial advisor, Stifel Nicolaus & Co., Inc.,
as investment banker.


REAL INDUSTRY: Committee Hires Duane Morris as Delaware Counsel
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Real Industry,
Inc., and its debtor-affiliates, seeks authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Duane
Morris LLP, as Delaware counsel to the Committee.

The Committee requires Duane Morris to:

   a. provide legal advice as necessary with respect to the
      Committee's powers and duties as an official committee
      appointed under section 1102 of the Bankruptcy Code;

   b. assist the Committee in negotiating favorable terms for
      unsecured creditors with respect to any proposed asset
      purchase agreements for the sale of any of the Debtors'
      assets;

   c. provide legal advice as necessary with respect to any
      disclosure statement or plan filed in the Chapter 11 Cases,
      and with respect to the process for approving or
      disapproving any such disclosure statement or confirming
      (or denying confirmation of) any such plan, as appropriate;

   d. prepare on behalf of the Committee, as necessary,
      applications, motions, complaints, answers, orders,
      agreements, memoranda of law, and other legal papers;

   e. appear in Court to present necessary motions, applications,
      and pleadings, and otherwise protect the interests of those
      unsecured creditors who are represented by the Committee;

   f. review the Debtors' schedules and statements;

   g. advise the Committee as to the implications of the Debtors'
      activities and motions before the Court;

   h. provide the Committee with legal advice in relation to the
      Chapter 11 Cases generally; and

   i. perform other legal services as may be required.

Duane Morris will be paid at these hourly rates:

     Partners                         $390-$970
     Special Counsel                  $440-$870
     Associates                       $250-585
     Paraprofessionals                $100-$370

Duane Morris 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:  The Committee approved, or will be approving, a
              prospective budget and staffing plan for the Firm.
              The budget may be amended as necessary to reflect
              changes or unanticipated developments.

Michael R. Lastowski, a partner at Duane Morris LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and (a) is not
creditors, equity security holders or insiders of the Debtors; (b)
has not been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Duane Morris can be reached at:

     Michael R. Lastowski, Esq.
     DUANE MORRIS LLP
     222 Delaware Avenue, Suite 1600
     Wilmington, DE 19801
     Tel: (302) 657-4900
     Fax: (302) 657-4901
     E-mail: mlastowski@duanemorris.com

              About Real Industry, Inc.

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.

The Ad Hoc Noteholder Group whose members include DDJ Capital
Management, LLC, Osterweis Capital Management, HPS Investment
Partners, LLC, Hotchkis & Wiley Capital Management, and Southpaw
Credit Opportunity Master Fund L.P., 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.

Andrew S. Vara, Acting U.S. Trustee for Region 3, appointed five
creditors to serve on the Official Committee of Unsecured Creditors
in the Chapter 11 cases of Real Industry, Inc., and its
debtor-affiliates. The Committee hired Duane Morris LLP, as
Delaware counsel, Brown Rudnick LLP, as co-counsel, Goldin
Associates, LLC, as financial advisor, Stifel Nicolaus & Co., Inc.,
as investment banker.


REAL INDUSTRY: Committee Hires Goldin as Financial Advisor
----------------------------------------------------------
The Official Committee of Unsecured Creditors of Real Industry,
Inc., and its debtor-affiliates, seeks authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Goldin
Associates, LLC, as its financial advisor.

The Committee requires Goldin to:

   (a) assist in the management of the Chapter 11 bankruptcy
       process, including assisting the Debtor in evaluating and
       implementing strategic and tactical options throughout the
       proceedings;

   (b) review the Debtors' cash management strategies and
       processes;

   (c) reviewing the Debtors' budgets, financial forecasts and
       business plans of the Debtors and the non-debtors,
       including foreign affiliates;

   (d) review financial aspects of motions and negotiations with
       Other stakeholders involved in the Bankruptcy;

   (e) review the Debtors' post-petition DIP financing
       arrangements and related budgets;

   (f) review Statement of Financial Affairs, Schedule of Assets
       and Liabilities and Monthly Operating Reports and other
       bankruptcy reporting;

   (g) review the Debtors' claims process;

   (h) review and analyze financial aspects of claims that could
       be asserted on behalf of the estate including, without
       limitation, potential causes of actions, avoidance claims
       and claims against current and former insiders,
       affiliates, lenders, professionals, and third parties;

   (i) analyze potential recoveries to the various creditor
       classes and interests under a proposed plan of
       reorganization, taking into account potential
       carryforwards of historical net operating losses;

   (j) assist in reviewing, evaluating and formulating proposals
       respecting a plan of reorganization, plan of liquidation
       or any other plan of distribution;

   (k) provide litigation support, including investigative and
       forensic review services as requested by the Committee;

   (l) review and analyze historical transactions between and
       among the Debtors' various entities, including
       intercompany claims with non-debtor affiliates and its
       insiders and affiliates;

   (m) upon mutual agreement of the parties, Goldin may be
       available to provide declarations, reports and testimony
       in connection with the Engagement ("Testimony"); and

   (n) assist in other and additional matters as Counsel may
       request.

Goldin will be paid at these hourly rates:

     Senior Managing Director/
     Senior Special Advisor                  $900-$950
     Managing Director/Senior Advisor        $700-$900
     Director                                $600-$700
     Vice President                          $500-$600
     Associate                               $350-$500
     Analyst                                 $300-$350

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

Gary Polkowitz, managing director of Goldin 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 (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.

Goldin can be reached at:

     Gary Polkowitz
     GOLDIN ASSOCIATES, LLC
     350 Fifth Avenue
     New York, NY 10118
     Tel: (212) 593-2255
     Fax: (212) 888-2841

              About Real Industry, Inc.

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.

The Ad Hoc Noteholder Group whose members include DDJ Capital
Management, LLC, Osterweis Capital Management, HPS Investment
Partners, LLC, Hotchkis & Wiley Capital Management, and Southpaw
Credit Opportunity Master Fund L.P., 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.

Andrew S. Vara, Acting U.S. Trustee for Region 3, appointed five
creditors to serve on the Official Committee of Unsecured Creditors
in the Chapter 11 cases of Real Industry, Inc., and its
debtor-affiliates. The Committee hires Duane Morris LLP, as
Delaware counsel, Brown Rudnick LLP, as co-counsel, Goldin
Associates, LLC, as financial advisor, Stifel Nicolaus & Co., Inc.,
as investment banker.


REAL INDUSTRY: Panel Taps Miller Buckfire as Investment Banker
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of Real Industry,
Inc., and its debtor-affiliates, seeks authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Miller
Buckfire & Co., LLC, and its affiliate Stifel Nicolaus & Co., Inc.,
as investment banker to the Committee.

The Committee requires Miller Buckfire to:

   (A) General Services. Miller Buckfire will familiarize itself
       with the business, operations, properties, financial
       condition and prospects of the Debtors and advise and
       assist the Committee in structuring and effecting
       the financial aspects of certain transactions.

   (B) Restructuring Services. Miller Buckfire will:

       (1) assist the Committee in negotiations regarding any
           Plan of reorganization or liquidation of any of the
           Debtors the Bankruptcy Case or other Restructuring;

       (2) participate or otherwise assist the Committee in
           negotiations with entities or groups affected by a
           Plan, including the Debtors; and

       (3) participate in hearings before the Court in connection
           with Miller Buckfire's other services, including
           related testimony, in coordination with the
           Committee's counsel.

   (C) Financing Services.

       (1) If the Debtors pursue a Financing, Miller Buckfire
           will:

           (a) assist the Committee in evaluating and negotiating
               with regards to the Financing;

           (b) identify and contact potential Investors; and

           (c) participate or otherwise assist in negotiations
               with Investors.

       (2) If the Committee pursues a Financing on behalf of the
           Debtors, Miller Buckfire will:

           (a) assist the Committee in structuring and evaluating
               the Financing;

           (b) identify and contact potential Investors; and

           (c) participate or otherwise assist in negotiations
               with Investors.

Miller Buckfire will be paid as follows:

       (1) Monthly Fee: A fee of $125,000, due in advance on the
           fifth day of each month during the term of the
           Engagement Letter.

       (2) Restructuring Fee: A fee of $1,500,000, due upon a
           Restructuring that is not then objected to by the
           Committee.

       (3) Financing Fee:

           (a) A fee, due upon first funding of each Financing
               that is not a "debtor in possession financing,"
               equal to:

               -- 3% of any indebtedness Financing; plus

               -- 4% of the gross proceeds of any other
                  Financing, including equity and equity-linked
                  securities and other obligations.

           (b) However, to the extent that Jefferies LLC, as
               investment banker to the Debtors, receives a fee
               of equal percentage to those stated above (prior
               to crediting but net of any other exclusions or
               reductions), on account of the same Financing, the
               Financing Fee due to Miller Buckfire will be
               reduced to 40% of the amount otherwise due.

       (4) Treatment of Multiple Fees:

           (a) Half of aggregate Monthly Fees actually paid in
               excess of $375,000 will be credited against any
               Restructuring Fee;

           (b) Half of aggregate Financing Fees actually paid
               will be credited against any Restructuring Fee.

       (5) Expense Reimbursement: Miller Buckfire will be
           reimbursed for its reasonable, out-of-pocket expenses
           incurred in connection with the Engagement Letter,
           including its performance thereunder and any costs of
           enforcement. These expenses include the reasonable
           fees and expenses of Miller Buckfire's counsel,
           including in connection with defending retention and
           fee applications (without the requirement that such
           counsel be approved by the Bankruptcy Court), its
           consultants and other advisors, and also include
           travel and lodging expenses, data processing and
           communication charges, research and courier services.
           The reimbursement obligations are independent from
           and do not limit the obligations under the
           Indemnification Provisions.

Matthew C. Rodriguez, managing director of Miller Buckfire & Co.,
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.

Miller Buckfire can be reached at:

     Matthew C. Rodriguez
     MILLER BUCKFIRE & CO., LLC
     787 Seventh Avenue
     New York, NY 10019
     Tel: (212) 895-1800

              About Real Industry, Inc.

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.

The Ad Hoc Noteholder Group whose members include DDJ Capital
Management, LLC, Osterweis Capital Management, HPS Investment
Partners, LLC, Hotchkis & Wiley Capital Management, and Southpaw
Credit Opportunity Master Fund L.P., 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.

Andrew S. Vara, Acting U.S. Trustee for Region 3, appointed five
creditors to serve on the Official Committee of Unsecured Creditors
in the Chapter 11 cases of Real Industry, Inc., and its
debtor-affiliates. The Committee hired Duane Morris LLP, as
Delaware counsel; Brown Rudnick LLP, as co-counsel; Goldin
Associates, LLC, as financial advisor; and Miller Buckfire & Co.,
LLC, and its affiliate Stifel Nicolaus & Co., Inc., as investment
banker.


RED TAPE: Seeks to Hire Guerra & Smeberg as Counsel
---------------------------------------------------
Red Tape, Inc., and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Guerra & Smeberg, PLLC, as counsel to the Debtors.

Red Tape, Inc. requires Guerra & Smeberg to:

   a. assist, advise and represent the Debtors in obtaining
      preplan relief;

   b. assist, advise, and represent the Debtors in the
      confirmation process;

   c. assist, advise and represent the Debtors in adversary
      litigation;

   d. appear, before the Bankruptcy Court, the Appellate Courts,
      and other Courts in which matters may be heard and protect
      the interest of the Debtors before those Courts and the U.S.
      Trustee; and

   e. perform all other necessary legal services in the
      bankruptcy case.

Guerra & Smeberg will be paid at these hourly rates:

     Attorneys                   $175-$275
     Paralegals                  $120

Pre-petition, Guerra & Smeberg received from Red Tape, Inc. the
amount of $11,700 as retainer.  The $1,717 filing fee and $3,575 in
prepetition fees were deducted from retainer, leaving a balance of
$6,408, which is held in the Firm's trust.

Pre-petition, Guerra & Smeberg also received from Red Tape II, Inc.
the amount of $11,700 as retainer, from which the filing fee of
$1,717 and pre-petition fees of $3,575 were deducted. The balance
of $6,408 is held in the Firm's trust.

Guerra & Smeberg will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Ricardo Guerra, partner of Guerra & Smeberg, 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.

Guerra & Smeberg can be reached at:

     Ricardo Guerra, Esq.
     GUERRA & SMEBERG, PLLC
     2010 West Kings Highway
     San Antonio, TX 78201
     Tel: (832) 788-7120
     Fax: (866) 325-0341
     E-mail: rick@guerradays.com

              About Red Tape, Inc.

Red Tape Inc. is a small organization in the civic, social, and
fraternal associations industry located in Brownsville, Texas.

Red Tape Inc., based in Brownsville, TX, and its debtor-affiliates,
filed a Chapter 11 petition (Bankr. S.D. Tex. Lead Case No.
17-10443) on November 22, 2017. The Hon. Eduardo V Rodriguez
presides over the case. Ricardo Guerra, Esq., at Guerra & Smeberg,
PLLC, serves as bankruptcy counsel.

In its petition, the Debtors estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Ramiro
Armendariz, its president.


REGIS GALERIE: Revised Amended Disclosures Approved
---------------------------------------------------
Judge Gary Spraker of the U.S. Bankruptcy Court for the District of
Nevada approved Regis Galerie, Inc.'s revised amended disclosure
statement, dated Oct. 24, 2017, referring to a chapter 11 plan
dated Oct. 6, 2017.

As previously reported by the Troubled Company Reported, the Debtor
revised its amended disclosure statement to include the date of the
hearing to confirm the plan and for final approval of the revised
amended disclosure statement.

The voting deadline to accept or reject the plan and the objection
deadline have also been added.

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

     http://bankrupt.com/misc/nvb16-14899-283.pdf

                   About Regis Galerie

Regis Galerie, Inc., filed a Chapter 11 petition (Bankr. D. Nev.
Case No. 16-14899) on Sept. 5, 2016.  The petition was signed by
Samuel Dweck, president.  The Debtor estimated assets and
liabilities at $1 million to $10 million at the time of the filing.
The case is assigned to Judge Laurel E. Davis.  The Debtor is
represented by Bryan M. Veillion, Esq., at Marquis Aurbach Coffing,
and Michael L. Gesas, Esq., at Arnstein & Lehr, LLP.


RICEBRAN TECHNOLOGIES: Negative Cash Flows Cast Going Concern Doubt
-------------------------------------------------------------------
RiceBran Technologies filed its quarterly report on Form 10-Q,
disclosing a net income of $2.51 million on $3.44 million of
revenues for the three months ended September 30, 2017, compared
with a net loss of $1.55 million on $3.25 million of revenues for
the same period in 2016.

At September 30, 2017, the Company had total assets of $32.90
million, total liabilities of $20.51 million, and $12.39 million in
total stockholders' equity.

The Company's cash position has improved since December 31, 2016,
as a result of a debt and equity raise in February 2017, the sale
of HN in July 2017 and an equity raise in September 2017.  However,
its continued operations continued to experience losses and
negative cash flows from operations which raises substantial doubt
about the Company's ability to continue as a going concern for a
period of one year from the issue date of these financial
statements.

A copy of the Form 10-Q is available at:

                       https://is.gd/RAxkTz

                    About RiceBran Technologies

Headquartered in West Sacramento, Calif., RiceBran Technologies is
a food, animal nutrition, and specialty ingredient company focused
on the procurement, bio-refining and marketing of numerous products
derived from rice bran.  RiceBran has proprietary and patented
intellectual property
that allows the Company to convert rice bran, one of the world's
most underutilized food sources, into a number of highly nutritious
food, animal nutrition and specialty ingredient products.



ROSETTA GENOMICS: Will Seek Shareholder OK of Genoptix Merger Pact
------------------------------------------------------------------
Rosetta Genomics Ltd. has notified its shareholders of an
extraordinary general meeting to be held on Feb. 1, 2018 at 10:00
a.m.(PT).  At the Extraordinary Meeting, shareholders will be asked
to consider and vote on the following:

  1. The adoption and approval, pursuant to Section 320 of the
     Companies Law 5759-1999 of the State of Israel, of the merger
     of the Company with and into Stone Marger Sub Ltd., a company
     incorporated under the laws of the State of Israel and a
     wholly owned subsidiary of Genoptix, Inc., a Delaware
     corporation, including the adoption and approval of: (i) the
     Agreement and Plan of Merger, dated as of Dec. 14, 2017, by
     and among Genoptix, Merger Sub, and the Company; (ii) the
     merger of Merger Sub with and into the Company on the terms
     and subject to the conditions set forth in the Merger
     Agreement and in accordance with Sections 314 through 327 of
     the Companies Law, following which the separate corporate
     existence of Merger Sub shall cease and the Company shall
     become a private wholly-owned direct subsidiary of Genoptix;
     (iii) the consideration to be received by the shareholders of
     the Company in the Merger, preliminarily estimated to be
     $0.60 to $0.70 in cash, without interest and less any
     applicable withholding taxes, for each ordinary share of NIS
     7.2 nominal (par) value held immediately prior to the
     effective time of the Merger, with the exact price per
     ordinary share dependent on the final amounts of deductions
     and adjustments detailed in the Merger Agreement that have
     not yet been fixed, and the extent to which outstanding
     warrants are exercised and convertible debentures are
     converted prior to the effective time of the Merger; and (iv)

     all other transactions and arrangements contemplated by the
     Merger Agreement, including, without limitation, the purchase
     by the Company of a "tail" prepaid directors' and officers'
     liability insurance policy for a period of seven years
     following the effective time of the Merger.

The approval of the proposal requires the affirmative vote of the
holders of at least a majority of the voting power of the Company,
in person or by proxy, such majority not to include votes by
shareholders that are Merger Sub, Genoptix or any person or entity
holding at least 25% of the means of control of either Merger Sub
or Genoptix, or any person or entity acting on their behalf,
including any family member of, or entity controlled by, any of the
foregoing.

Only shareholders of record at the close of trading on Dec. 27,
2017, will be entitled to notice of, and to vote at, the
Extraordinary Meeting.  All shareholders are cordially invited to
attend the Extraordinary Meeting in person.  Discussion at the
Extraordinary Meeting will be commenced if a quorum is present. Two
or more shareholders present, in person or by proxy and holding
shares conferring in the aggregate more than 25% of the voting
power of the Company will constitute a quorum for the Extraordinary
Meeting.  If within half an hour from the time appointed for the
Extraordinary Meeting a quorum is not present, the Extraordinary
Meeting will be adjourned to Feb. 8, 2018 at the same time and
place or to such day and at such time as the Chairman may
determine.  At any such adjourned meeting, any two shareholders
present in person or by proxy shall constitute a quorum.

The complete form of the proposed resolutions may be inspected at
the offices of the Company at 10 Plaut St., Rabin Science Park,
Rehovot, 76706, Israel during normal business hours, upon prior
coordination with Ron Kalfus, Chief Financial Officer, who is
accessible by phone at (+1) 877-429-6643.

In connection with the Extraordinary Meeting, the Company will send
to its shareholders of record as of Dec. 27, 2017, a proxy
statement describing the proposal to be voted upon at the
Extraordinary Meeting, as well as other information related to the
Extraordinary Meeting, along with a proxy card enabling
shareholders to submit their votes on the proposal.

The Company will also be furnishing copies of the proxy statement
and form of proxy card to the SEC on Form 6-K.

                    About Rosetta Genomics

Based in Rehovot, Israel, Rosetta Genomics Ltd. --
http://www.rosettagx.com/-- is seeking to develop and
commercialize new diagnostic tests based on a recently discovered
group of genes known as microRNAs.  MicroRNAs are naturally
expressed, or produced, using instructions encoded in DNA and are
believed to play an important role in normal function and in
various pathologies.  The Company has established a CLIA-certified
laboratory in Philadelphia, which enables the Company to develop,
validate and commercialize its own diagnostic tests applying its
microRNA technology.

Rosetta Genomics reported a net loss of US$16.23 million on US$9.23
million of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of US$17.34 million on US$8.26 million of
total revenues for the year ended Dec. 31, 2015.  

As of June 30, 2017, Rosetta had US$6.20 million in total assets,
US$5.11 million in total liabilities and US$1.09 million in total
shareholders' equity.

Kost Forer Gabby & Kasierer, a member of Ernst & Young Global, in
Tel-Aviv, Israel, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016,
citing that the Company has recurring losses from operations and
has limited liquidity resources that raise substantial doubt about
its ability to continue as a going concern.


RYCKMAN CREEK: Files 2nd Supplement to Modified Amended Disclosures
-------------------------------------------------------------------
Ryckman Creek Resources, LLC, and its affiliates filed with the
U.S. Bankruptcy Court for the District of Delaware a second
supplement to the modified fifth amended disclosure statement with
respect to their second modified fourth amended joint chapter 11
plan of reorganization.

The Plan contemplates the reorganization of the Debtors, pursuant
to the Plan Sponsor Agreement, through the Plan Sponsor’s
purchase of 80% of the common equity in Reorganized Ryckman in
exchange for (i) $7.2 million in up-front cash, and (ii) a note, in
the form attached to the Plan Sponsor Agreement as Exhibit B, in
the aggregate principal amount of $11 million. The Class A
Membership Interests will have a preferred return of the higher of
(i) 15% annually on the Plan Sponsor Cash Consideration or (ii)
distributions equal to 200% of the Plan Sponsor Cash Consideration.
In addition, pursuant to the terms of the Plan Sponsor Agreement,
the Plan Sponsor will pay $500,000 to the Liquidating Trust on
account of Sandton's bid protections, authorized by the Bankruptcy
Court pursuant to an order entered on Dec. 6, 2017.

In addition, the Plan Sponsor has agreed, pursuant to the terms of
the Plan Sponsor Agreement, to provide (i) $10 million for working
capital and capital expenditures between the Effective Date and the
first anniversary thereof, and (ii) (a) an incremental $5 million
in funding for operational and capital expenditures, or (b) such
lesser amount as is sufficient to achieve 16 bcf of facility
capacity, between the first and second anniversaries of the
Effective Date.

Belle Butte LLC, a Missouri limited liability company and the Plan
Sponsor, is a special purpose vehicle and a indirect wholly-owned
subsidiary of Spire Inc. Spire Inc. is holding company serving 1.7
million customers with enterprise value $6.4 billion making it the
fifth largest publicly traded natural gas company in the country.

The Debtors believe that the plan sponsorship transaction with
Belle Butte represents a Superior Transaction to the Sandton
Transaction. The key modifications to the Plan are as follows:

Up-front Cash: The Plan Sponsor will provide $1 million more
up-front cash on the Effective Date than Sandton agreed to provide,
which will allow Holders of Cash-Settled Claims to receive a larger
percentage recovery on the Effective Date then they would have
otherwise received under the Second Modified Fourth Amended Plan.
In addition, the Plan Sponsor shall pay the Bid Protections
Consideration on the Effective Date, such that payment of the bid
protections will not diminish amounts otherwise payable to Holders
of Cash-Settled Claims.

Plan Sponsor Note: Similar to the note under the Sandton
Transaction, the Plan Sponsor Note matures on the fifth anniversary
of the Effective Date; provided, however, that each Holder of a
Claim entitled to payment from the Plan Sponsor Note may elect to
receive,(i) on the second anniversary of the Effective Date, a
payment in Cash equal to 50% of its Plan Sponsor Note Participation
Amount; or (ii) on the fourth anniversary of the Effective Date, a
payment in Cash equal to 75% of its Plan Sponsor Note Participation
Amount, in each case in accordance with the terms of the Plan
Sponsor Note. In addition, the Plan Sponsor Note provides for
payment of $2 million of the principal amount of the note on each
of the second, third, and fourth anniversaries of the Effective
Date, in contrast to the note proposed under the Sandton
Transaction, which did not provide for any such amortization
payments.

The Plan Sponsor Working Capital Commitment: As in the Sandton
Transaction, the Plan Sponsor has agreed to provide (i) $10 million
for working capital and capital expenditures between the Effective
Date and the first anniversary thereof, and (ii) (a) an incremental
$5 million in funding for operational and capital expenditures, or
(b) such lesser amount as is sufficient to achieve 16 bcf of
facility capacity, between the first and second anniversaries of
the Effective Date.

The Plan Sponsor: the Plan Sponsor and the Plan Sponsor's parent,
Spire Inc., have substantial knowledge and expertise in investing
in the natural gas storage industry.

A full-text copy of the Second Supplement is available at:

     http://bankrupt.com/misc/deb16-10292-1334.pdf

               About Ryckman Creek Resources, LLC

Formed on Sept. 8, 2009, Ryckman Creek Resources, LLC, is engaged
in the acquisition, development, marketing, and operation of a
natural gas storage facility known as the Ryckman Creek Facility.

The Ryckman Creek Facility is a depleted crude oil and natural gas
reservoir located in Uinta County, Wyoming.  The company began
development of the reservoir into a natural gas storage facility in
2011.  The Ryckman Creek Facility began commercial operations in
late 2012 and received injections of customer gas and gas purchased
by the company.  The company and its affiliated debtors have
approximately 35 employees.

Ryckman Creek Resources, LLC, Ryckman Creek Resources Holdings LLC,
Peregrine Rocky Mountains LLC and Peregrine Midstream Partners LLC
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.
16-10292) on Feb. 2, 2016.  The petitions were signed by Robert
Foss as chief executive officer.  Kevin J. Carey has been assigned
the case.

The Debtors hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel; AP Services, LLC, as management provider; Evercore Group
LLC as investment banker; and Kurtzman Carson Consultants LLC as
claims and noticing agent.

The Debtors employ Great American Group Advisory & Valuation
Services, L.L.C., as valuation consultant.

On April 11, 2016, Ryckman Creek Resources disclosed total assets
of more than $205 million and total debt of more than $391.2
million.

On Feb. 12, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Attorneys for the
committee are Greenberg Traurig, LLP's Dennis A. Meloro, Esq.,
David B. Kurzweil, Esq., and Shari L. Heyen, Esq.  The committee
retained Alvarez & Marsal, LLC, as financial advisor.


S & H ENTERPRISE: Allowed to Use Cash Collateral on Final Basis
---------------------------------------------------------------
Judge Robert E. Nugent of the U.S. Bankruptcy Court for the
District of Kansas has entered a stipulated and agreed final order
between S & H Enterprise, LLC, Astra Bank and the U.S. Trustee,
allowing the Debtor's use of cash collateral.

The Debtor and Astra Bank stipulate and agree that: (a) Astra Bank
is a secured judgment creditor by virtue of loan agreements that
include but are not limited to two promissory notes and a mortgage
granted by the Debtor to Astra Bank, which includes an assignment
of rents; (b) Astra Bank's mortgage and rents assignment pertain to
certain real estate commonly known as 3310 Vine Street, Hays,
Kansas and the rents generated from the Vine Street property; (c)
Astra Bank obtained judgment against the Debtor, the Vine Street
property, and the rents, on September 19, 2017, in the District
Court of Ellis County, Kansas, Case No. 2017-CV-2; and (d) as of
October 31, 2017, Astra Bank's judgment against the debtor, the
Vine Street property and the rents was in the amount of $1,609,711
including Astra Bank's attorney fees plus accrued expenses.

During the period through January 31, 2018 and thereafter, only
upon further agreement of the parties or order of the Court, the
Debtor will be authorized to use Astra Bank's cash collateral only
on the condition that it provides adequate protection to Astra Bank
as follows:

     (a) The Debtor will make adequate protection payments to Astra
Bank on or before Nov. 10, 2017, and on or before Dec. 10, 2017,
each in the amount of $7,500, and on or before Jan. 10, 2018, in
the amount of $9,250.  The Debtor will not disturb Astra Bank's
collection of the rents presently being paid by Astra Bank and
Qline Foods, LLC, d/b/a Qdoba, as tenants of the Vine Street
property. Astra Bank will apply the rents paid by Astra and Qline
during the months of November and December, 2017, and January 2018,
as credit to the adequate protection payments described in the
interim order, and will inform the Debtor (through its counsel) of
any failure by Qline to make any rental payment during the months
of November and December, 2017, and January 2018.

     (b) Astra Bank will retain its prepetition first priority
judgment liens in the Vine Street property and the rents generated
from the Vine Street property, including all proceeds, products,
and profits from the property.  The terms and conditions of the
loan documents executed by the debtor in favor of Astra Bank will
continue in force and effect unless conflicting with the provisions
of this Order or applicable bankruptcy law; and the Debtor will
continue to perform the terms and conditions of Astra Bank's loan
documents on a timely basis.

     (c) The Debtor granted Astra Bank post-petition liens and
security interests in all assets owned by it, including but not
limited to rents (generated both by prepetition leases in the Vine
Street property and any leases that the debtor seeks to create
post-petition), accounts, and general intangibles, and like
property, in amounts necessary to fully replace and maintain Astra
Bank's lien interests at the same amount that existed on the
bankruptcy petition date.

     (d) The Debtor will maintain a separate debtor-in-possession
trust account at Astra Bank, in which it will deposit all proceeds
of collateral of Astra Bank and from which it will pay all of its
authorized expenses. The Budget provides total estimated expenses
of approximately $151,882 covering the months of January to
December 2018.

     (e) The Debtor will be entitled to utilize the cash collateral
only to pay the expenses itemized on the cash flow. The Debtor will
be responsible to pay its administrative expenses for attorneys'
fees from sources other than the prepetition and postpetition rents
pledged to Astra.

     (f) The Debtor will maintain reasonable and adequate insurance
on the Vine Street property and on all property that is Astra
Bank's collateral, naming Astra Bank as an additional insured and
loss payee thereon.  The Debtor will provide Astra proof of such
insurance on such property.

     (g) The Debtor will provide Astra copies of the monthly
financial reports that it files with the Court.

     (h) The Debtor will at all times maintain and preserve the
Vine Street property and will be responsible for the timely payment
of taxes thereon, including real estate taxes assessed for the year
2017 and all subsequent post-petition real estate taxes on the Vine
Street property that may be subsequently assessed. Upon receipt of
the real estate tax statement on the Vine Street property for the
year 2017, the Debtor will allocate the respective pro rata share
to the respective tenants consistent with the provisions of the
tenants' respective leases. The Debtor will be responsible to
timely pay by December 20, 2017, the difference between the taxes
allocated to the tenants and actually paid thereby toward the first
half of the 2017 real estate taxes and the amount of the first half
real estate taxes. The Debtor will be obligated to pay any
remaining portion for the second half of the 2017 real estate taxes
by May 10, 2018. The Debtor will timely pay and discharge all
prepetition real estate taxes owed on the Vine Street property, the
payment of which was due prior to the Debtor's filing this case.

     (i) The Debtor will be responsible for the payment for
statutory U.S. Trustee fees.  Any payment made directly to Astra
Bank -- under its demand for direct payment of the monthly lease
payments will be deemed a constructive receipt by the Debtor and
will be utilized for the determination of quarterly fees. To the
extent funds are available, after payment to Astra Bank of the
required adequate protection payments and payment of the authorized
expenses, the U.S. Trustee fees may be paid from the cash
collateral.

     (j) Astra Bank will be entitled to inspect Vine Street
property on a reasonable basis, and on reasonable notice.

     (k) The Debtor will not use, sell, lease, or encumber, out of
the ordinary course of business, the Vine Street property or any of
Astra Bank's collateral, nor will it use, sell, lease, or encumber
such property unless Astra Bank consents in writing or, after
notice and hearing, the Court authorizes such use, sale, lease, or
encumbrance.

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

            http://bankrupt.com/misc/ksb17-12150-36.pdf

Attorneys for Astra Bank:
  
             Timothy H. Girard, Esq.
             Woner, Reeder & Girard, P.A.
             5611 S.W. Barrington Court South
             P.O. Box 67689
             Topeka, KS 66667-0689
             Phone: (785) 235-5330
             Fax: (785) 235-1615
             E-mail: girard@wrglaw.com

                     About S & H Enterprise

S & H Enterprise, LLC, is a privately held company in Hays, Kansas
that owns in fee simple interest a real property located at 3310
Vine Street Hays Kansas 67601 valued by the company at $1.48
million.  The company's gross revenue from rental income amounted
to $93,475 in 2016 and $137,181 in 2015.

S & H Enterprise filed a Chapter 11 petition (Bankr. D. Kan. Case
No. 17-12150) on Oct. 31, 2017.  Stephen D. Weilert, owner, signed
the petition.  The case is assigned to Judge Robert E. Nugent.  The
Debtor is represented by Edward J. Nazar, Esq. at Hinkle Law Firm,
LLC.  At the time of filing, the Debtor had $1.50 million in assets
and $1.61 million in liabilities.


SABLE NATURAL: Halls Oppose Plan, First Amended Disclosures
-----------------------------------------------------------
Cory Hall and Jennifer Hall filed an objection to Debtor Sable
Natural Resources Corp.'s first amended disclosure statement
describing its first amended plan of reorganization.

The Debtor is attempting to confirm a Fist Amended Plan of
Reorganization based solely on assets owned by its non-debtor
subsidiary Sable Operating Company and altering the debtor/creditor
relationship between SOC and its creditors -- namely Cory and
Jennifer Hall. In short, the Debtor's plan is unconfirmable on its
face as it is requesting that the Court convert debt owed to the
Halls by SOC (a non-debtor) into equity of the Reorganized Debtor.

The Halls complain that the Court does not have jurisdiction to
effectuate or force such a debt for equity conversion and SOC
should not be afforded any rights or benefits of a bankrupt debtor
when it is not a bankrupt debtor itself.

Further, the classification of the Non-Operated Properties as
property of the Debtor's bankruptcy estate is improper and false.
Likewise, the classification of the Halls as a "creditor" of the
Debtor based solely on their Note with SOC secured by properties
owned by SOC is improper and false. The Debtor relies on those
falsities in an effort to grab the cashflow from the Non-Operated
Properties which are owned by SOC and constitute the Halls'
collateral, push the cashflow up to the Debtor,2 and in exchange
convert SOC's debt to equity in the reorganized Debtor.

Finally, the Halls object to the Disclosure Statement as it wholly
fails to state how classes four through seven are to be treated
under the Plan. Causing the Disclosure Statement to provide
"adequate information" as required by 11 U.S.C. section 1125.

A copy of the Halls' Objection is available at:

     http://bankrupt.com/misc/txnb16-34422-11-70.pdf

The Troubled Company Reporter previously reported that the plan
will be funded from the Debtor's new business operations in the
treatment and sale of water in the oil fields of West Texas instead
of the liquidation of the Debtor's assets as provided in the
previous plan.

Counsel for Cory and Jennifer Hall:

     H. Brandon Jones
     State Bar I.D. No. 24060043
     BONDS ELLIS EPPICH SCHAFER JONES LLP
     Throckmorton Street, Suite 1000
     Fort Worth, Texas 76102
     (817) 405-6914 telephone
     Brandon@bondsellis.com

               About Sable Natural Resources

Sable Natural Resources Corp. acquires, develops and produces oil
and natural gas reserves from wells in carbonate reservoir.

Sable Natural Resources filed for Chapter 11 protection (Bankr.
N.D. Tex. Case No. 16-34422) on Nov. 11, 2016.  The Company is
represented by Joyce Lindauer of Joyce W. Lindauer Attorney, PLLC.
The Debtor disclosed $20.24 million in assets and $3.19 million in
liabilities.

Subsidiary Sable Operating previously filed a Chapter 11 petition
on Aug. 28, 2015, and emerged from that bankruptcy on Nov. 1, 2016.


SALON SUPPLY STORE: Seeks Authority to Use Cash Collateral
----------------------------------------------------------
Salon Supply Store, LLC, seeks authorization from the U.S.
Bankruptcy Court for the Southern District of Florida to use cash
collateral subject to the proposed budget.

The Budget provides for the use of operating funds in the aggregate
sum of $583,793 in order to make all necessary payments of rent,
taxes, insurance, utilities, management and accounting fees in
connection with its business operations during the period from Dec.
1, 2017 to Oct. 1, 2018.  The Budget also provides for payment of
any fees due to the U.S. Trustee, as well as professional fees and
administrative expenses, including legal fees and costs of the
Debtor's counsel.

In the normal course of business, the Debtor uses cash on hand and
cash flow from the sale of inventory to fund working capital and
for general operating purposes. Such cash is necessary for, among
other things, to continue business operations, to maintain business
relationships with vendors, suppliers and customers, and to satisfy
other working capital needs -- all of which are necessary to
preserve and maintain going-concern value of the Debtor and the
Prepetition Collateral, and, ultimately, to effectuate a successful
reorganization.

It is anticipated that, in the coming months, the Debtors will seek
authorization to obtain postpetition financing from Gus and Mariela
Mitchell.  At present, however, the Debtor has no alternative
borrowing source from which it can secure funding, and the failure
to obtain authorization to use cash collateral would be fatal to
the Debtor and disastrous to its creditors, both unsecured and
secured.

Accordingly, the Debtor is currently seeking authority to use cash
collateral only to the extent necessary to fund ongoing operations
and this bankruptcy case while the Debtor attempts to negotiate and
finalize additional funding sources and prepare a definitive plan
of reorganization.

The Debtor does not have any other currently-available sources of
funds other than cash collateral, and any interruption in
operations could have a devastating impact upon the value of the
Prepetition Collateral, among other things. Moreover, the
uncertainty concerning the Debtor's financial condition could also
greatly reduce its ability to procure goods and services from
essential vendors and suppliers.

The Debtor contends that substantially all of its assets are
subject to perfected security interests held by two creditors: (A)
JP Morgan Chase Bank, NA, in connection with an SBA Business Line
of Credit and (B) Celtic Bank, d/b/a Kabbage, in connection with a
business loan.  As of the Petition Date, it is estimated that
$89,193.47 is still owed to Chase Bank on account of the SBA Loan
and that $66,250 is still owed on account of the Kabbage Loan.

Although there has been no formal appraisal of the fair market
value of the Secured Collateral, the Debtor believes that the value
of the Secured Collateral is less than the remaining balance due on
account of the Chase Loan and the Kabbage Loan.

To adequately protect Chase Bank (and/or any other putative secured
creditors) in connection with the use of any possible Prepetition
Collateral, the Debtor proposes to grant, assign and pledge a
postpetition security interest and lien (only to the same validity,
extent, and priority of such prepetition security interests, if any
exist) in the secured Prepetition Collateral in and to (a) all
proceeds from the disposition of any of the cash collateral, and
(b) any and all of its goods, property, assets and interests in
property in which Chase (and/or any other putative secured
creditors) held a valid lien or security interest prior to the
Petition Date.

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

            http://bankrupt.com/misc/flsb17-24769-8.pdf

                    About Think Trading Inc.

Think Trading Inc. -- https://thinktradinginc.com/ -- is a
distribution e-commerce company with multiple online storefronts,
marketplace operations and over 14,000 products.  It provides
wholesale and retail sales of products in various industries.
Based in Palm Beach Gardens, Florida, Think Trading is housed in a
60,000-foot warehouse where all inventory, packaging, and shipping
is housed and handled.  It was founded in 2001 and has more than 50
employees.

Think Trading's affiliate Funkytownmall.com, Inc., offers a
selection of body jewelry online while Salon Supply Store LLC, a
company based in Palm Beach Gardens, Florida, provides its
customers with a variety of salon equipment and beauty supplies
ranging from popular nail polish brands to spray tanning machines
and salon furniture.

Think Trading, Funkytownmall.com and Salon Supply Store sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Fla. Case Nos. 17-24767 to 17-24769) on Dec. 12, 2017.  Gustavo
Mitchell, president of Think Trading and FunkytownMall.com, signed
the petitions.

At the time of the filing, Think Trading and FunkytownMall.com
estimated assets of less than $50,000 and liabilities of less than
$1 million.  Salon Supply estimated assets of less than $50,000 and
liabilities of $1 million to $10 million.
Judge Erik P. Kimball presides over the cases.


SHOMARA INC: Hires Ortiz & Ortiz as Counsel
-------------------------------------------
Shomara, Inc., seeks authority from the U.S. Bankruptcy Court for
the Southern District of New York to employ Ortiz & Ortiz, L.L.P.,
as counsel to the Debtor.

Shomara, Inc. requires Ortiz & Ortiz to:

   (a) perform all necessary services as Debtor's counsel that
       are related to the Debtor's reorganization and the
       bankruptcy estate;

   (b) assist the Debtor in protecting and preserving the estate
       assets during the pendency of the Chapter 11 case,
       including the prosecution and defense of actions
       and claims arising from or related to the estate or the
       Debtor's reorganization;

   (c) prepare all documents and pleadings necessary to ensure
       the proper administration of its case; and

   (d) perform all other bankruptcy-related necessary legal
       services.

Ortiz & Ortiz will be paid at these hourly rates:

     Partners                 $450
     Associates               $350
     Paralegals               $75

The Debtor paid Ortiz & Ortiz a retainer in the amount of $11,900.

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

Norma E. Ortiz, partner of Ortiz & Ortiz, L.L.P., 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.

Ortiz & Ortiz can be reached at:

     Norma E. Ortiz, Esq.
     ORTIZ & ORTIZ, L.L.P.
     32-72 Steinway Street, Ste. 402
     Astoria, NY 11103
     Tel: (718) 522-1117
     Fax: (718) 596-1302
     E-mail: email@ortizandortiz.com

              About Shomara, Inc.

Shomara, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
S.D.N.Y. Case No. 17-12747) on September 29, 2017, disclosing under
$1 million in both assets and liabilities. The Debtor hired Norma
E. Ortiz, Esq., at Ortiz & Ortiz, L.L.P., as counsel.


SUNRISE REAL ESTATE: Posts US$5.6 Million Net Income in Q2 2016
---------------------------------------------------------------
Sunrise Real Estate Group, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q reporting net
income of US$5.66 million on US$2.27 million of net revenues for
the three months ended June 30, 2016, compared to a net loss of
US$1.93 million on US$953,290 of net revenues for the three months
ended June 30, 2015.

For the six months ended June 30, 2016, the Company reported net
income of US$8.97 million on US$2.94 million of net revenues
compared to a net loss of US$3.95 million on US$2.34 million of net
revenues for the same period in 2015.

As of June 30, 2016, Sunrise Real had US$116.04 million in total
assets, US$116.69 million in total liabilities and a tota
shareholders' deficit of US$649,357.

In the first two quarter of 2016, the Company's principal sources
of cash were revenues from its agency sales, receipts in advance
from real estate development projects and our property management
business.  Most of its cash resources were used to fund its
property development investment and revenue related expenses, such
as salaries and commissions paid to the sales force, daily
administrative expenses and the maintenance of regional offices.

The Company ended the period with a cash position of US$7,314,768.

The Company's operating activities provided cash in the amount of
US$6,022,047, which was primarily attributable to the receipts in
advance from real estate property development.

The Company's investing activities provided cash resources of
US$8,084,981, which was primarily attributable to the disposal of
office property of fixed assets.

The Company's financing activities used cash resources of
US$7,392,561, which was primarily attributable to the repayments of
bank loan and promissory notes.

The potential cash needs for 2016 would be the repayments of the
Company's bank loans and promissory notes, the rental guarantee
payments and promissory deposits for various property projects as
well as its development projects in Wuhan, GXL project and Linyi.

According to the Company, "We currently have three bank loans
payable, including an $452,407 (RMB3,000,000) loan and $15,080,227
(RMB100,000,000) loan.  The RMB3,000,000 loan has been extended to
March 2017.  The RMB100,000,000 loan will mature in December 2017.
Another loan balance of $7,188,714 (RMB47,669,802) has been
extended for another three years and will be due in June 2019.

"As of June 30, 2016, promissory notes in the principal amount of
$1,444,321 were in default compared to promissory notes in the
principal amount of $1,461,412 that were in default as of December
31, 2015.

"Taking into account of our cash position, available credit
facilities and cash generated from operating activities, we believe
that we have sufficient funds to operate our existing business for
the next twelve months.  If our business otherwise grows more
rapidly than we currently predict, we plan to raise funds through
the issuance of additional shares of our equity securities in one
or more public or private offerings.  We will also consider raising
funds through credit facilities obtained with lending institutions.
There can be no guarantee that we will be able to obtain such funds
through the issuance of debt or equity or obtain funds that are
with terms satisfactory to management and our board of directors."


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

                      https://is.gd/e6xyn7

                    About Sunrise Real Estate

Headquartered in Shanghai, the People's Republic of China, Sunrise
Real Estate Group, Inc., and its subsidiaries' principal activities
are real estate development and property brokerage services,
including real estate marketing services, property leasing
services; and property management services in the People's Republic
of China.  

Sunrise Real Estate reported a net loss of US$6.72 million on
US$4.76 million of net revenues for the year ended Dec. 31, 2015,
compared to a net loss of US$5.21 million on US$8.61 million of net
revenues for the year ended Dec. 31, 2014.

RH, CPA, in Bayside, NY, issued a "going concern" opinion in its
report on the consolidated financial statements for the year ended
Dec. 31, 2015, noting that the Company has a working capital
deficiency, accumulated deficit from recurring net losses for the
current and prior years, and significant short-term debt
obligations currently in default or maturing in less than one year.
These conditions raise substantial doubt about its ability to
continue as a going concern.


SUNSHINE SEATTLE: Hires Wells and Jarvis as Attorney
----------------------------------------------------
Sunshine Seattle Enterprises, LLC, seeks authority from the U.S.
Bankruptcy Court for the Western District of Washington to employ
Wells and Jarvis, P.S., as attorney to the Debtor.

Sunshine Seattle requires Wells and Jarvis to:

   (a) prepare records and reports as required by the
       Bankruptcy Rules, Interim Bankruptcy Rules and the Local
       Bankruptcy Rules;

   (b) prepare applications and proposed orders to be submitted
       to the court;

   (c) identify and prosecute claims and causes of action
       assertable by the Debtor on behalf of the estate;

   (d) assist and advise the Debtor-In-Possession in performing
       its other official functions; and

   (e) protect and preserve the assets of the estate for the
       Debtor-In-Possession from the claims of secured creditors.

Wells and Jarvis will be paid at these hourly rates:

     Attorneys                 $360
     Paralegals                $150

Wells and Jarvis will be paid a retainer in the amount of $5,000.

Wells and Jarvis will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Jeffrey B. Wells and Emily Jarvis, partners of Wells and Jarvis,
P.S., 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.

Wells and Jarvis can be reached at:

     Jeffrey B. Wells, Esq.
     Emily Jarvis, Esq.
     WELLS AND JARVIS, P.S.
     500 Union Street
     Seattle, WA 98101-2332
     Tel: (206) 624-0088
     Fax: (206) 624-0086

           About Sunshine Seattle Enterprises, LLC

Sunshine Seattle Enterprises LLC, based in Seattle, Wash., filed an
involuntary Chapter 11 petition (Bankr. W.D. Wash. Case No.
17-14983) on November 14, 2017. The Hon. Timothy W. Dore presides
over the case. Larry B. Feinstein, Esq., at Vortman & Feinstein,
serves as bankruptcy counsel.


SUTTON LUMBER: Unsecureds to be Paid in Full at 4.25% Interest
--------------------------------------------------------------
Sutton Lumber Co., Inc., filed with the U.S. Bankruptcy Court for
the Northern District of Georgia a disclosure statement, dated Dec.
5, 2017, referring to its fourth amended plan of reorganization.

Under this latest plan, class 7 general unsecured creditors will
share pro-rata in monthly payments of $1,000 until paid in full
plus interest accruing at the annual rate of 4.25% annually. The
Debtor will sell, lease or refinance its business or assets, and
the Debtor will use such net proceeds after payment of higher
priority claims and costs to pay the General Unsecured Claims in
full with interest at the annual rate of 4.25%. The amount paid to
each Unsecured Claim Holder from a monthly payment, sale proceeds
or otherwise will be based on the pro-rata amount of such Holder's
Allowed Class 7 Claim as compared to the Total Allowed Class 7
Claims. The Debtor will pay all Allowed Unsecured Claims in full
(100% plus interest at the 4.25% per annum) on or by the date which
is seven years after the Effective Date.

The source of funds for the payments pursuant to the Plan is the
continued operation of the sawmill, chip plant, planning mill and
power plant, and sale, leasing or refinancing of assets and
business segments.

An earlier version of the plan stated that the source of funds for
the payments pursuant to the Plan is the continued operation of the
sawmill, chip plant, planning mill and power plant, and from
contributions by Harold Sutton and Doyle Sutton.

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

     http://bankrupt.com/misc/ganb16-40233-112.pdf

                       About Sutton Lumber

Headquartered in Tennga, Georgia, Sutton Lumber Co., Inc., operates
a sawmill, planning mill, chip mill and power plant located on
property owned by the Debtor.  At the sawmill, the Debtor converts
logs that it purchases from third parties into lumber.  At the
planning mill, the Debtor takes cut and seasoned boards or lumber
from the sawmill and turns them into finished, smoothed,
dimensional lumber for various uses by its customers.  At the chip
mill, the Debtor grinds whole logs into wood chips for use in paper
for the Debtor's customers.  At the power plant, the Debtor
generates power which it uses to run its operations and sells the
excess power to the Tennessee Valley Authority.  The Debtor is
owned by Harold Sutton and Doyle Sutton.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Ga. Case No. 16-40233) on Feb. 1, 2016, estimating its assets at up
to $50,000 and its liabilities at between $1 million and $10
million.  The petition was signed by Harold Sutton, president.

Judge Paul W. Bonapfel presides over the case.

Leslie M. Pineyro, Esq., at Jones And Walden, LLC, serves as the
Debtor's bankruptcy counsel.


THINK FINANCE: Aurora Management to Serve as Escrow Agent
---------------------------------------------------------
Aurora Management Partners, LLC on Dec. 18, 2017, disclosed that
the United States Bankruptcy Court for the Northern District of
Texas Dallas Division has appointed Mr. David Baker, Aurora's
Managing Partner, to serve as an escrow agent for Adversary
Proceeding No. 17-03106.

Adversary Proceeding No. 17-03106 in regards to Think Finance, LLC
versus Victory Capital Advisors, LLC, Victory Park Management, LLC,
GPL Servicing, LTD. and GPL Servicing Agent, LLC (case number
17-33964 (HDH)).  Mr. Baker will hold property for these parties
while the case is resolved.

"I am pleased to have been appointed," says Mr. Baker, Managing
Partner of Aurora Management Partners, LLC.  "Aurora is thrilled to
provide this service, and we look forward to assisting our clients
in this manner now and in the future."

                   About Aurora Management

Aurora Management Partners -- http://www.auroramp.com/-- has grown
to become one of the country's most respected turnaround and
restructuring consulting firms.  The organization specializes in
Business Consulting Services, Creditor Services, Investor Services
and Corporate Governance Advisory Services.  The staff is capable
of handling assignments from the simple and straightforward to
those involving public or private companies facing multi-faceted
and complex financial, operational and strategic issues.

                       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.


TIMBERVIEW VETERINARY: Feb. 22 Hearing on Disclosure Statement
--------------------------------------------------------------
Judge Robert N. Opel of the U.S. Bankruptcy Court for the Middle
District of Pennsylvania will consider approval of Timberview
Veterinary Hospital, Inc.'s disclosure statement at hearing on Feb.
22, 2018, at 10:00 a.m.

Jan. 16, 2018 is fixed as the last day for filing and serving
written objections to the disclosure statement.

             About Timberview Veterinary Hospital, Inc.

Timberview Veterinary Hospital, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Pa. Case No. 16-01442) on Apr. 6, 2016. The
Debtor operates a private nursing home.

Henry W. Van Eck, Esq., serves as the Debtor's counsel. The Debtor
is represented by Henry W. Van Eck, Esq., at Mette, Evans, &
Woodside. The Debtor hires CGA Law Firm as co-counsel, Brown
Schultz Sheridan & Fritz, as accountant.

Pioneer Health Services listed estimated assets of between
$0-$50,000 and estimated liabilities of between $100,001 and
$500,000. The petition was signed by Sara E. Mummart, president.


TINSELTOWN PARTNERS: Hires Eric N. McKay as Counsel
---------------------------------------------------
Tinseltown Partners, LLC, seeks authority from the U.S. Bankruptcy
Court for the Middle District of Florida to employ the Law Offices
of Eric N. McKay, as counsel to the Debtor.

Tinseltown Partners requires Eric N. McKay to:

   -- represent the Debtor in all phases of the bankruptcy case,
      including preparation of pleadings and other documents;

   -- appear before the Court at all hearings;

   -- negotiate with creditors, and form and solicit a plan of
      reorganization.

Eric N. McKay will be paid at the hourly rate of $350.

Prior to the Petition Date, the Debtor paid Eric N. McKay a
retainer of $50,000.

Eric N. McKay will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Eric N. McKay, partner of the Law Offices of Eric N. McKay, 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.

Eric N. McKay can be reached at:

     Eric N. McKay
     LAW OFFICES OF ERIC N. MCKAY
     3948 3rd Street South, Suite 297
     Jacksonville Beach, FL 32250-5847
     Tel: (904) 273-2661
     E-mail: eric@ericmckaylaw.com

              About Tinseltown Partners, LLC

Tinseltown Partners, LLC, based in Jacksonville, Florida, filed a
Chapter 11 petition (Bankr. M.D. Fla. Case No. 17-04251) on
December 14, 201. The Hon. Paul M. Glenn presides over the case.
Eric N. McKay, Esq., at the Law Offices of Eric N. McKay, 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 Andre
El-Bahri, its partner.


TOP TIER SITE: Taps T.G. Mayer as Accountant
--------------------------------------------
Top Tier Site Development, Corp. received approval from the U.S.
Bankruptcy Court for the District of Massachusetts to hire T.G.
Mayer & Co., PC as its accountant.

The firm will handle any pending audit by the Internal Revenue
Service or the Massachusetts Department of Revenue; prepare income
tax returns; give advice on issues concerning tax compliance;
assist in negotiations with tax authorities; and provide other
accounting services.

T.G.'s hourly rates range from $300 to $350 for owners and
principals, and $150 to $200 for the staff.

The firm is a "disinterested person" as defined in section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     Thomas G. Mayer
     T.G. Mayer & Co., PC
     225 Water Street, Suite A305
     Plymouth, MA 02360

               About Top Tier Site Development Corp.

Top Tier Site Development, Corp. -- http://www.tt-sd.com/-- is a
full-service contracting company in Lakeville, Massachusetts, with
a focus on wireless communication, commercial and residential
construction.

Top Tier Site Development sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 17-14107) on Nov. 2,
2017.  Robert Santoro, its president, signed the petition.

At the time of the filing, the Debtor disclosed $1.96 million in
assets and $5.41 million in liabilities.

Judge Joan N. Feeney presides over the case.

James P. Ehrhard, Esq., of Ehrhard & Associates, P.C., is the
Debtor's legal counsel.  The Debtor hired Baker, Braverman &
Barbadoro, P.C. as its special counsel.


TOREX GOLD: Lenders Sign Waiver on Liquidity Covenant
-----------------------------------------------------
Torex Gold Resources Inc. (TXG) on Dec. 22, 2017, disclosed that
its wholly owned subsidiary, Minera Media Luna, S.A. de C.V. (MML),
has received a waiver signed by BNP Paribas, as Administrative
Agent, on behalf of the Lenders to lower the liquidity covenant
threshold in the credit agreement of July 21, 2017, from $50
million to $30 million until January 31, 2018, with the proviso
that the remaining $25 million available under the credit
agreement, and not yet drawn, is counted toward meeting the
liquidity covenant threshold but it may not be drawn by MML.  In
addition, the Company provided an update on the current situation
at the ELG site.

Fred Stanford, President & CEO of Torex stated: "A frequently asked
question we have received is whether we would breach the liquidity
covenants of our Credit Facility.  This no cost waiver to
temporarily reduce the liquidity covenant is helpful in that it
extends the time before liquidity becomes a covenant breach risk.
The high quality of support that the Lenders have provided is
appreciated and has been consistent throughout their relationship
with Torex."  He added, "This month we also received VAT returns of
US$13 million, which has helped to reduce liquidity risks."

Meantime, the illegal blockade by Los Mineros Union started on
November 3, 2017, continues.  On December 19, 2017, a group of
workers, community members, and government representatives
attempted to cross the blockade to enter the ELG mine site.  Los
Mineros prevented them from entering and were belligerent
throughout the encounter.  The majority of the blockaders did not
appear to be employees or local community members.  Government
officials now have a direct experience of the Los Mineros
projection of violence and intimidation that employees and
community members have been subjected to.  Community members have
now responded by blockading the blockaders.  The risk of violent
confrontation continues to escalate and we urge the authorities to
restore law and order and diffuse the tensions, so that employees
of the Company, contractors, and suppliers, can go back to work and
provide for their families.

State government officials have proposed a negotiation between the
Company and employees that are aligned with Los Mineros.  Previous
discussions with the leader of Los Mineros, and the head of their
affiliated union, UNIFOR, were unproductive because their suggested
solutions were illegal.  The Company is prepared to fully engage in
the State facilitated negotiation, and will consider all legal
suggestions that could lead to a lifting of the blockade and a
sustainable business moving forward.  Unfortunately, the Company is
not optimistic legal solutions will be offered, but believes it is
worth engaging and trying to find a productive path forward.

Torex is an emerging intermediate gold producer based in Canada,
engaged in the exploration, development and operation of its 100%
owned Morelos Gold Property, an area of 29,000 hectares in the
highly prospective Guerrero Gold Belt located 180 kilometers
southwest of Mexico City.  Within this property, Torex has the El
Limón Guajes Mine, which announced commercial production in March
of 2016, the Sub-Sill Project, currently under development, and the
Media Luna Project, an early stage development project for which
the Company issued a preliminary economic assessment (PEA) in 2015.
The property remains 75% unexplored.


UTE MESA LOT 2: Taps Coldwell Banker as Broker
----------------------------------------------
Ute Mesa Lot 2, LLC seeks approval from the U.S. Bankruptcy Court
for the District of Colorado to hire a broker to market its real
property for vacation rentals.

The Debtor proposes to employ Coldwell Banker Mason Morse to market
its property located at 1011 Ute Avenue, Aspen, Colorado, and pay
the firm a commission of 20% pursuant to a license agreement it
entered into through the firm.

Coldwell will also get a 3% service fee or $6,000 under the license
agreement.  The fee is a separate line-item in the agreement
collected from the tenant by Coldwell to cover a variety of
services provided by the firm to the tenant.

Theresa O'Keefe-Klein, a real estate agent employed with Coldwell,
disclosed that she does not represent any interest adverse to the
Debtor or its bankruptcy estate.

The firm can be reached through:

     Theresa O'Keefe-Klein
     Coldwell Banker Mason Morse
     514 E. Hyman Avenue
     Aspen, CO 81611
     Phone: 970-920-7388/970-379-5496
     Fax: 970-920-7027

                     About Ute Mesa Lot 2 LLC

Based in Aspen, Colorado, Ute Mesa Lot 2, LLC is a single asset
real estate as defined in 11 U.S.C. Section 101(51B). It owns real
property located within the Ute Avenue Subdivision, in Aspen,
Colorado.

Ute Mesa sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Colo. Case No. 17-16194) on July 6, 2017. Leathem
Stearn, its manager, signed the petition.

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

On July 11, 2017, 999 Ute Avenue, LLC and 1001 UTE Avenue
Homeowners Association filed Chapter 11 petitions (Bankr. D. Colo.
Case Nos. 17-16391 and 17-16395). The cases are jointly
administered with that of Ute Mesa Lot 2, LLC under Case No.
17-16194.

999 Ute Avenue also owns real property within the Ute Avenue
Subdivision. 1001 UTE Avenue Homeowners Association is the
homeowners association for the subdivision.

At the time of the filing, 999 Ute Avenue disclosed that it had
estimated assets of less than $1 million and liabilities of less
than $100,000. 1001 UTE Avenue estimated assets and liabilities of
less than $100,000.


VELOCITY HOLDING: Committee Hires Foley & Lardner as Counsel
------------------------------------------------------------
The Official Committee of Unsecured Creditors of Velocity Holding
Company, Inc., and its debtor-affiliates, seeks authorization from
the U.S. Bankruptcy Court for the District of Delaware to retain
Foley & Lardner LLP, as counsel to the Committee.

The Committee requires Whiteford to:

   a. advise the Committee with respect to its rights, powers and
      duties;

   b. advise the Committee in its consultations with the Debtors
      relative to the administration of the Chapter 11 Cases;

   c. advise the Committee in analyzing the claims of the
      Debtors' creditors and in negotiating with such creditors;

   d. advise the Committee with respect to its investigation of
      the acts, conduct, assets, liabilities, and financial
      condition of the Debtors, the operations of the Debtors'
      businesses and the desirability of the continuance of such
      businesses, motions filed, assets of the estates and any
      other matters relevant to the Chapter 11 Cases or to the
      formulation of a plan;

   e. advise the Committee with respect to the contemplated sales
      of the Debtors' assets;

   f. assist the Committee in its analysis of, and negotiations
      with, the Debtors or any third party concerning matters
      related to, among other things, cash collateral usage or
      financing to be obtained in these Chapter 11 Cases and the
      terms of any plans of reorganization or liquidation of the
      Debtors;

   g. assist and advise the Committee with respect to its
      communications with the general creditor body regarding
      significant matters in these cases;

   h. represent the Committee at hearings and other proceedings;

   i. review and analyze applications, orders, statements of
      operations, and schedules filed with the Court and advise
      the Committee as to their propriety;

   j. take necessary actions to protect and preserve the
      interests of the Committee, including without limitation:
      (i) prosecuting actions on the Committee's behalf, (ii) if
      appropriate, engaging in negotiations concerning all
      litigation in which the Debtors are involved, and (iii) if
      appropriate, reviewing and analyzing claims filed against
      the Debtors' estates;

   k. appear, as appropriate, before the Bankruptcy Court, the
      appellate courts, and the United States Trustee, to protect
      the interests of the Committee before those courts and
      before the U.S. Trustee;

   l. assist the Committee in preparing pleadings, motions,
      applications, answers, orders, reports and papers as may be
      necessary in furtherance of the Committee's interests and
      objections; and

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

Foley & Lardner will be paid at these hourly rates:

     Erika L. Morabito, Partner                $940
     Michael J. Small, Partner                 $800
     Lars A. Peterson, Senior Counsel          $665
     Matthew D. Lee, Senior Counsel            $615
     Brittany J. Nelson, Senior Counsel        $600
     Matthew J. Stockl, Associate              $430
     Dianne Nichols, Paralegal                 $235

Foley & Lardner 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:  Foley & Lardner expects to develop a budget and
              staffing plan to reasonably comply with the U.S.
              Trustee's request for information and additional
              disclosures, as to which Foley reserves all rights.
              The Committee has approved Foley & Lardner's
              proposed hourly billing rates.

Michael J. Small, partner of Foley & Lardner LLP, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and (a) is not creditors,
equity security holders or insiders of the Debtors; (b) has not
been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Foley & Lardner can be reached at:

     Michael J. Small, Esq.
     FOLEY & LARDNER LLP
     321 North Clark Street, Suite 2800
     Chicago, IL 60654
     Tel: (312) 832-4500

              About Velocity Holding Company, Inc.

Velocity Holding Company, Inc., doing business as Motorsport
Aftermarket Group -- http://www.maggroup.com/-- is an independent
wholesale distributor, designer, manufacturer, retailer, and
marketer of aftermarket parts, apparel, and accessories for the
powersports industry. The powersports industry is a subset of the
broader motorsports industry and consists of vehicles such as
motorcycles, all-terrain vehicles, "side-by-sides" or utility
terrain vehicles, and snowmobiles, among others. The MAG Group
office provides support in the areas of business development,
finance, sourcing, information technology, sales, marketing and
administration.

Velocity Holding Company, Inc., and its affiliates sought Chapter
11 protection (Bankr. D. Del. Lead Case No. 17-12442) on Nov. 15,
2017, after reaching a deal that would transfer ownership of the
Company to the first lien lenders.

Velocity Holding estimated under $50,000 in assets.  Debtor Ed
Tucker Distributor estimated between $100 million and $500 million
in assets.  The Debtors disclosed $440 million in total debt.

The Hon. Kevin J. Carey is the case judge.

In an Order dated December 12, 2017, the Bankruptcy Court approved
Proskauer Rose LLP as counsel to the Debtors; Cole Schotz P.C., as
Delaware Co-Counsel, Anthony C. Flanagan of AP Services, as chief
restructuring officer; and Donlin, Recano & Company, Inc., as
claims and noticing agent and administrative agent. The Debtors
tapped AlixPartners as restructuring advisor.

Andrew Vara, acting U.S. trustee for Region 3, on November 29
appointed five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Velocity Holding
Company, Inc., and its affiliates. The Committee hired Foley &
Lardner LLP, as counsel, Whiteford Taylor & Preston LLC, as
Delaware counsel Province, Inc., as financial advisor.


VELOCITY HOLDING: Committee Hires Province as Financial Advisor
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Velocity Holding
Company, Inc., and its debtor-affiliates, seeks authorization from
the U.S. Bankruptcy Court for the District of Delaware to retain
Province, Inc., as financial advisor to the Committee.

The Committee requires Province to:

   a. familiarize with and analyze the Debtors' DIP budget,
      assets and liabilities, and overall financial condition;

   b. assess the Debtors' various pleadings and proposed
      treatment of unsecured creditor claims therefrom;

   c. assist the Committee in determining how to react to the
      Debtors' restructuring plan or in formulating and
      implementing its own plan;

   d. prepare, or review as applicable, avoidance action and
      claim analyses;

   e. assist the Committee in reviewing the Debtors' financial
      reports, including, but not limited to, SOFAs, Schedules,
      cash budgets, and Monthly Operating Reports;

   f. advise the Committee on the current state of these chapter
      11 Cases;

   g. advise the Committee in negotiations with the Debtors and
      third parties as necessary;

   h. if necessary, participate as a witness in hearings before
      the bankruptcy court with respect to matters upon which
      Province has provided advice; and

   i. assist in other activities as are approved by the
      Committee, its counsel, and as agreed to by Province.

Province will be paid at these hourly rates:

     Principal                 $690-$745
     Managing Director         $580-$630
     Senior Director           $540-$570
     Director                  $470-$530
     Sr. Associate             $375-$460
     Associate                 $340-$390
     Analyst                   $270-$330
     Paraprofessional          $150

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

Paul Huygens, principal of Province, Inc., assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and (a) is not creditors,
equity security holders or insiders of the Debtors; (b) has not
been, within two years before the date of the filing of the
Debtors' chapter 11 petition, directors, officers or employees of
the Debtors; and (c) does not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtors, or
for any other reason.

Province can be reached at:

     Paul Huygens
     PROVINCE, INC.
     2360 Corporate Circle, Suite 330
     Henderson, NV 89074
     Tel: (702) 685-5555

              About Velocity Holding Company, Inc.

Velocity Holding Company, Inc., doing business as Motorsport
Aftermarket Group -- http://www.maggroup.com/-- is an independent
wholesale distributor, designer, manufacturer, retailer, and
marketer of aftermarket parts, apparel, and accessories for the
powersports industry. The powersports industry is a subset of the
broader motorsports industry and consists of vehicles such as
motorcycles, all-terrain vehicles, "side-by-sides" or utility
terrain vehicles, and snowmobiles, among others. The MAG Group
office provides support in the areas of business development,
finance, sourcing, information technology, sales, marketing and
administration.

Velocity Holding Company, Inc., and its affiliates sought Chapter
11 protection (Bankr. D. Del. Lead Case No. 17-12442) on Nov. 15,
2017, after reaching a deal that would transfer ownership of the
Company to the first lien lenders.

Velocity Holding estimated under $50,000 in assets.  Debtor Ed
Tucker Distributor estimated between $100 million and $500 million
in assets.  The Debtors disclosed $440 million in total debt.

The Hon. Kevin J. Carey is the case judge.

In an Order dated December 12, 2017, the Bankruptcy Court approved
Proskauer Rose LLP as counsel to the Debtors; Cole Schotz P.C., as
Delaware Co-Counsel, Anthony C. Flanagan of AP Services, as chief
restructuring officer; and Donlin, Recano & Company, Inc., as
claims and noticing agent and administrative agent. The Debtors
tapped AlixPartners as restructuring advisor.

Andrew Vara, acting U.S. trustee for Region 3, on November 29
appointed five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Velocity Holding
Company, Inc., and its affiliates. The Committee hired Foley &
Lardner LLP, as counsel, Whiteford Taylor & Preston LLC, as
Delaware counsel Province, Inc., as financial advisor.


VELOCITY HOLDING: Committee Hires Whiteford as Delaware Counsel
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Velocity Holding
Company, Inc., and its debtor-affiliates, seeks authorization from
the U.S. Bankruptcy Court for the District of Delaware to retain
Whiteford Taylor & Preston LLC, as Delaware counsel to the
Committee.

The Committee requires Whiteford to:

   a. provide legal advice regarding local rules, practices, and
      procedures and provide substantive and strategic advice on
      how to accomplish Committee goals, bearing in mind that the
      Delaware Bankruptcy Court relies on Delaware counsel to be
      involved in all aspects of each bankruptcy proceeding;

   b. draft, review and comment on drafts of documents to ensure
      compliance with local rules, practices, and procedures;

   c. draft, file and serve documents as requested by Foley
      & Lardner;

   d. prepare certificates of no objection, certifications of
      counsel, and notices of fee applications;

   e. print documents and pleadings for hearings, preparing
      binders of documents and pleadings for hearings;

   f. appear in Court and at any meetings of creditors on behalf
      of the Committee in its capacity as Delaware counsel with
      Foley;

   g. participate in calls with the Committee;

   h. monitor the docket for filings and coordinating with Foley
      on pending matters that may need responses; and

   i. provide additional administrative support to Foley, as
      requested.

Whiteford will be paid at these hourly rates:

     Christopher M. Samis, Partner                $550
     L. Katherine Good, Partner                   $525
     Aaron H. Stulman, Associate                  $375
     Christopher L. Lano, Paralegal               $255

Whiteford 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:  Whiteford did not represent the Committee in the
              12 months prepetition. Whiteford has in the past
              represented, currently represents, and may
              represent in the future certain Committee members
              or their affiliates in their capacities as members
              of official committees in other chapter 11 cases or
              individually in matters wholly unrelated to these
              chapter 11 cases.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  Whiteford expects to develop a prospective budget
              and staffing plan to reasonably comply with the
              U.S. Trustee's request for information and
              additional disclosures, as to which Whiteford
              reserves all rights. The Committee has approved
              Whiteford's proposed hourly billing rates.

Christopher M. Samis, partner of Whiteford Taylor & Preston 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.

Whiteford can be reached at:

     Christopher M. Samis, Esq.
     WHITEFORD TAYLOR & PRESTON LLC
     405 N. King Street
     Wilmington, DE 19801
     Tel: (302) 353-4144

              About Velocity Holding Company, Inc.

Velocity Holding Company, Inc., doing business as Motorsport
Aftermarket Group -- http://www.maggroup.com/-- is an independent
wholesale distributor, designer, manufacturer, retailer, and
marketer of aftermarket parts, apparel, and accessories for the
powersports industry. The powersports industry is a subset of the
broader motorsports industry and consists of vehicles such as
motorcycles, all-terrain vehicles, "side-by-sides" or utility
terrain vehicles, and snowmobiles, among others. The MAG Group
office provides support in the areas of business development,
finance, sourcing, information technology, sales, marketing and
administration.

Velocity Holding Company, Inc., and its affiliates sought Chapter
11 protection (Bankr. D. Del. Lead Case No. 17-12442) on Nov. 15,
2017, after reaching a deal that would transfer ownership of the
Company to the first lien lenders.

Velocity Holding estimated under $50,000 in assets.  Debtor Ed
Tucker Distributor estimated between $100 million and $500 million
in assets.  The Debtors disclosed $440 million in total debt.

The Hon. Kevin J. Carey is the case judge.

In an Order dated December 12, 2017, the Bankruptcy Court approved
Proskauer Rose LLP as counsel to the Debtors; Cole Schotz P.C., as
Delaware Co-Counsel, Anthony C. Flanagan of AP Services, as chief
restructuring officer; and Donlin, Recano & Company, Inc., as
claims and noticing agent and administrative agent. The Debtors
tapped AlixPartners as restructuring advisor.

Andrew Vara, acting U.S. trustee for Region 3, on November 29
appointed five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Velocity Holding
Company, Inc., and its affiliates. The Committee hired Foley &
Lardner LLP, as counsel, Whiteford Taylor & Preston LLC, as
Delaware counsel Province, Inc., as financial advisor.


WALDEN REAL ESTATE: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------
The Office of the U.S. Trustee on Dec. 19 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Walden Real Estate Ventures,
LLC.

Headquartered in Richmond, Virginia, Walden Real Estate Ventures,
LLC, owns multiple parcels of real property and improvements
located in Franklin and Suffolk, Virginia.  The company previously
sought bankruptcy protection.

The Debtor filed a Chapter 11 petition (Bankr. E.D. Va. Case No.
17-35617) on Nov. 10, 2017, estimating its assets at between $1
million and $10 million and its liabilities at between $500,000 and
$1 million.  The petition was signed by Lee A. Barnes, Jr.,
managing member.

Judge Kevin R. Huennekens presides over the case.

Kevin A. Lake, Esq., at McDonald, Sutton & Duval, PLC, serves as
the Debtor's bankruptcy counsel.


WENDY TAYLOR: Jan. 16 Plan Confirmation Hearing
-----------------------------------------------
Judge Austin E. Carter of the U.S. Bankruptcy Court for the Middle
District of Georgia approved Wendy Taylor Homes, Inc.'s disclosure
statement, dated Oct. 16, 2017, in support of its chapter 11 plan
of reorganization.

All ballots accepting or rejecting the plan must be filed on or
before Jan. 12, 2018.

Any objection to confirmation of the Plan must be filed with the
Court on or before Jan. 12, 2018.

A hearing for the consideration of confirmation of the Plan and any
objections to confirmation of the Plan will be held on Jan. 16,
2018 at 9:30 a.m. in U.S. Bankruptcy Court, Courtroom B, 433 Cherry
Street, Macon, Georgia 31201.

                About Wendy Taylor Homes Inc.

Wendy Taylor Homes, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Ga. Case No. 17-51204) on June 5,
2017.  Wendy Taylor, authorized representative, signed the
petition.  

At the time of the filing, the Debtor estimated assets of less than
$1 million and liabilities of less than $500,000.


WEST MAIN ENTERPRISES: Jan. 16 Approval Hearing on Plan Outline
---------------------------------------------------------------
Judge Henry W. Van Eck of the U.S. Bankruptcy Court for the Middle
District of Pennsylvania is set to hold a hearing on Jan. 23, 2018,
at 9:30 a.m. to consider approval of the disclosure statement filed
by West Main Enterprises, Inc. dba West Main Family Restaurant.

Jan. 16, 2018 is fixed as the last day for filing and serving
written objections to the disclosure statement.

West Main Enterprises, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Pa. Case No. 17-02809) on July 7, 2017.  The Hon.
Henry W Van Eck presides over the case.



WESTINGHOUSE ELECTRIC: Georgia Power No Longer Part of Committee
----------------------------------------------------------------
Georgia Power Company is no longer a member of the official
committee of unsecured creditors in the Chapter 11 cases of
Westinghouse Electric Company LLC and its affiliates.

The remaining committee members are:

     (1) Fluor Enterprises Inc.
         Attn: James M. Lucas
         Senior Vice President
         6700 Las Colinas Boulevard
         Irving, TX 75039
         Tel: (469) 398-7060

     (2) SSM Industries, Inc.
         Attn: Peter Gorman
         General Counsel
         3401 Grand Avenue
         Pittsburgh, PA 15225
         Tel: (412) 777-5100 x 339

     (3) Dastech International Inc.
         Attn: Shahram Eshaghoff
         Account Executive
         10 Cutter Mill Road
         Great Neck, NY 11021
         Tel: (516) 466-7676

     (4) Jones Lang LaSalle Americas, Inc.
         Attn: J.C. Pelusi
         Managing Director
         Tower 260
         260 Forbes Avenue, Suite 1200
         Pittsburgh, PA 15222
         Tel: (412) 208-1400

     (5) Pension Benefit Guaranty Corporation
         Attn: Cynthia Wong
         1200 K Street, NW
         Washington, DC 20005
         Tel: (202) 326-4000

As reported by the Troubled Company Reporter on Oct. 5, 2017, the
U.S. Trustee for Region 2 on Oct. 2 announced that South Carolina
Electric and Gas Company is no longer a member of the Committee.

                   About Westinghouse Electric

Westinghouse Electric Company LLC --
http://www.westinghousenuclear.com/-- is a U.S.-based nuclear
power company founded in 1999 that provides design work and
start-up help for new nuclear power plants and makes many of the
components.  Westinghouse manufactures and supplies the commercial
fuel products needed to run the plants, and it offers training,
engineering, maintenance, and quality management services.  Almost
50% of nuclear power plants around the world and about 60% of U.S.
plants are based on Westinghouse's technology.  Westinghouse's
world headquarters are located in the Pittsburgh suburb of
Cranberry Township, Pennsylvania.

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March 29,
2017.  The petitions were signed by AlixPartners' Lisa J. Donahue,
the Debtors' chief transition and development officer.

The Debtors disclosed total assets of $4.32 billion and total
liabilities of $9.39 billion as of Feb. 28, 2017.

The Hon. Michael E. Wiles presides over the cases.

Weil, Gotshal & Manges LLP serves as counsel to the Debtors.  The
Debtors hired AlixPartners LLP as financial advisor; PJT Partners
Inc. as investment banker; Kurtzman Carson Consultants LLC as
claims and noticing agent; K&L Gates as special counsel; and KPMG
LLP as tax consultant and accounting and financial reporting
advisor.

Toshiba Nuclear Energy Holdings (UK) Ltd. is represented by Albert
Togut, Esq., Brian F. Moore, Esq., and Kyle J. Ortiz, Esq., at
Togut, Segal & Segal LLP.

On April 7, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Proskauer Rose LLP is
the committee's bankruptcy counsel, and Houlihan Lokey Capital,
Inc., serves as its investment banker.

The Board of Directors of Westinghouse appointed a special panel
called the U.S. AP1000 Committee to oversee the company's
activities related to certain AP1000 nuclear plants located in
Georgia and South Carolina.


WHOLELIFE PROPERTIES: Trustee Hires Forshey as Special Counsel
--------------------------------------------------------------
Daniel J. Sherman, the Chapter 11 Trustee of Wholelife Properties,
LLC, seeks authority from the U.S. Bankruptcy Court for the
Northern District of Texas to employ Forshey & Prostok, LLP, as
special counsel to the Trustee.

The Debtor owns 17.172 acres of undeveloped real estate at the
intersection of Collin-McKinney Parkway and Alma Road in McKinney,
Texas and two hundred TPC social memberships at Craig Ranch.

On November 2, 2017, the Trustee filed a Motion to Sell Property of
the Estate Free and Clear of Liens, Claims and Encumbrances, in
which the Trustee requested authority to sell the Property to Anant
Patel for $7,900,000 subject to higher and better offers.

The Bankruptcy Court entered an Order approving the Motion to Sell
on December 4, 2017.

Flyby LLC and REI Acquisitions LLC appealed the Sale Order on
December 18, 2017, and filed a motion for stay pending appeal on
the same day.

Wholelife Properties requires Forshey to:

   a. advise the Trustee with respect to the Appeal and the Stay
      Motion;

   b. prepare on behalf of the Trustee all necessary and
      appropriate motions, pleadings, proposed orders, and other
      documents that are necessary in defending the Appeal and
      the Stay Motions;

   c. advise the Trustee concerning, and prepare responses to,
      motions, pleadings, and other papers that may be filed and
      served in connection with the Appeal and the Stay Motion;
      and

   d. provide all such other legal services as may be necessary
      or appropriate in connection with the Appeal and the Stay
      Motion.

Forshey will be paid at these hourly rates:

     Attorneys                     $425-$575
     Paralegals                    $150-$195

On June 9, 2016, Forshey received a retainer for the benefit of the
Debtor from Dollar Rent A Car Sales in the amount of $2,000. Dollar
Rent A Car Sales is a non-Debtor entity.

On August 9, 2016, the Court entered an order employing Forshey
from the Petition date through August 4, 2016. Another firm
represented the Debtor until the Trustee was appointed.

Forshey as counsel for the debtor-in-possession were approved in
the amount of $23,981 in fees and $2,222.71 in expenses by an order
entered on October 14, 2016. Upon approval of Forshey's fee
application, Forshey applied the $20,000 retainer, and does not
intend to collect the remaining balance from the estate.

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

J. Robert Forshey, partner of Forshey & Prostok, 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.

Forshey can be reached at:

     J. Robert Forshey, Esq.
     FORSHEY & PROSTOK, LLP
     777 Main Street, Suite 1290
     Fort Worth, TX 76102
     Tel: (817) 877-8855

              About Wholelife Properties, LLC

WholeLife Properties, LLC, owns two undeveloped tracts of land
located in McKinney, Texas, that is intended to be developed into a
mixed use complex and 200 social memberships to the TPC at Craig
Ranch, a private golf club in McKinney, Texas.

WholeLife Properties sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Tex. Case No. 16-42274) on June 7,
2016. The petition was signed by John B. Lowery, as sole member of
WholeLife Companies, Inc., sole member of WholeLife Properties,
LLC. Melissa Hayward, Esq., at Franklin Hayward LLP, is the
Debtor's general bankruptcy counsel.

At the time of the filing, WholeLife estimated assets of $10
million to $50 million and debt of $1 million to $10 million.

The case is assigned to Judge Mark X. Mullin.

To date, no committee of unsecured creditors has been appointed.

Mr. Lowery was involved in another Chapter 11 debtor, Cornerstone
Ministries Investments, Inc., which filed Feb. 10, 2008 (Bankr.
N.D. Ga. Case No. 08-20355). Mr. Lowery joined Cornerstone in
approximately 2004 to oversee several single family housing
projects that were being developed by Cornerstone.

Daniel J. Sherman was appointed as the Chapter 11 Trustee of
WholeLife Properties.  He is represented by Sherman & Yaquinto,
L.L.P., as counsel, Forshey & Prostok, LLP, as special counsel.


WJA ASSET MANAGEMENT: WJA Secure Taps Elite as Real Estate Broker
-----------------------------------------------------------------
WJA Secure Real Estate Fund, LLC, one of the debtor-affiliates of
WJA Asset Management, LLC, seeks authority from the U.S. Bankruptcy
Court for the Central District of California to employ Elite
Properties Realty, as its real estate broker.

WJA Secure requires Elite to market and sell its real property
located at 1541 E. 51st Street, Los Angeles, California.

Elite will be paid a commission of 5% of the purchase price.

Phil Seymour, member of Elite Properties Realty, 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.

Elite can be reached at:

     Phil Seymour
     ELITE PROPERTIES REALTY
     148 S. Beverly Drive
     Beverly Hills, CA 90212
     Tel: (310) 271-4040
     Fax: (310) 612-9800

              About WJA Asset Management, LLC

Luxury Asset Purchasing International, LLC, et al., are part of a
network of entities or "Funds" formed to offer a range of
investment opportunities to individuals. Many of the existing Funds
are performing and some Funds had substantial gains. However,
certain Funds, i.e., those invested in private trust deeds secured
by real estate, suffered losses.

William Jordan Investments, Inc. ("Advisor"), is a registered
investment advisor. Laguna Hills, California-based WJA Asset
Management, LLC ("Manager"), is the managing member of Luxury, et
al. William Jordan was the president and sole owner of Advisor and
was the sole member and manager of Manager.

On May 18, 2017, Luxury and its affiliates filed voluntary
petitions under Chapter 11 of the United States Bankruptcy Code. On
May 25, 2017, four other affiliated filed voluntary Chapter 11
petitions. On June 6, CA Real Estate Opportunity Fund III filed its
Chapter 11 petition. The Debtors' cases are jointly administered
under Bankr. C.D. Cal. Lead Case No. 17-11996, and the Debtors
continue to operate their businesses and manage their affairs as
DIP.

Pursuant to court orders, Howard Grobstein is now serving as the
chief restructuring officer of the Debtors and Mr. Jordan no longer
has any ongoing role in the Debtors' operations.

At the time of the filing, WJA estimated assets of less than
$500,000 and liabilities of $1 million to $10 million.

Judge Scott C. Clarkson presides over the cases.

Lei Lei Wang Ekvall, Esq., Philip E. Strok, Esq., Robert S.
Marticello, Esq., and Michael L. Simon, Esq., at Smiley
Wang-Ekvall, LLP, serve as counsel to the Debtors.


WOODBRIDGE GROUP: Hires Gibson Dunn as General Bankruptcy Counsel
-----------------------------------------------------------------
Woodbridge Group of Companies, LLC, and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Gibson Dunn & Crutcher LLP, as general
bankruptcy counsel and restructuring co-counsel to the Debtors.

Woodbridge Group requires Gibson Dunn to:

   (a) advise the Debtors of their rights, powers, and duties
       as debtors in possession under chapter 11 of the
       Bankruptcy Code;

   (b) prepare, on behalf of the Debtors, all necessary and
       appropriate applications, motions, proposed orders,
       other pleadings, notices, schedules, and other
       documents, and review all financial and other reports to
       be filed in these Chapter 11 Cases;

   (c) advise the Debtors concerning, and prepare responses to,
       applications, motions, other pleadings, notices, and
       other papers that may be filed and served in these
       Chapter 11 Cases;

   (d) advise the Debtors with respect to, and assist in the
       negotiation and documentation of, financing agreements
       and related transactions;

   (e) review the nature and validity of any liens asserted
       against the Debtors' property and advise the Debtors
       concerning the enforceability of such liens;

   (f) advise the Debtors regarding their ability to initiate
       actions to collect and recover property for the benefit
       of their estates;

   (g) counsel the Debtors in connection with any plan of
       reorganization and related documents;

   (h) advise and assist the Debtors in connection with any
       potential property dispositions;

   (i) advise the Debtors concerning executory contract and
       unexpired lease assumptions, assignments, and rejections
       as well as lease restructurings and recharacterizations;

   (j) assist the Debtors in reviewing, estimating, and
       resolving claims asserted against the Debtors' estates;

   (k) commence and conduct any and all litigation necessary or
       appropriate to assert rights held by the Debtors,
       protect assets of the Debtors' chapter 11 estates, or
       otherwise further the goal of completing the Debtors'
       successful reorganization;

   (l) provide corporate, employee benefit, litigation, tax,
       and other general nonbankruptcy services to the Debtors
       to the extent requested by the Debtors; and

   (m) perform all other necessary or appropriate legal
       services in connection with these Chapter 11 Cases for
       or on behalf of the Debtors.

Gibson Dunn will be paid at these hourly rates:

     Partners                         $940-$1,380
     Counsels/Associates              $495-$875
     Paraprofessionals                $320-$430

During the 90 days before the Petition Date, the Debtors paid
Gibson Dunn $1,695,000, consisting of $1,308,087 applied to fees,
$14,030.68 applied to expenses, and $372,882.32 remaining in
on-account fees.

During the one-year before the Petition Date, the Debtors paid
Gibson Dunn a total of $1,772,876.20 including $77,876.20 in
payments received prior September 5, 2017.  These amounts consisted
of $52,274.50 applied to fees, $601.70 applied to expenses, and
$25,000 remaining in on-account fees.

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

Samuel A. Newman, partner of Gibson Dunn & Crutcher 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.

Gibson Dunn can be reached at:

     Samuel A. Newman, Esq.
     GIBSON, DUNN & CRUTCHER LLP
     333 South Grand Avenue
     Los Angeles, CA 90071
     Tel: (213) 229-7000
     Fax: (213) 229-7520

              About Woodbridge Group of Companies, LLC

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.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

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.

Andrew R. Vara, U.S. Trustee for Region 3, appointed three members
to the official committee of unsecured creditors of Woodbridge
Group of Companies, and its debtor affiliates.


WOODBRIDGE GROUP: Hires Young Conaway as Bankruptcy Co-Counsel
--------------------------------------------------------------
Woodbridge Group of Companies, LLC, and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Young Conaway Stargatt & Taylor, LLP, as
bankruptcy co-counsel to the Debtors.

Woodbridge Group requires Young Conaway to:

   a. provide legal advice with respect to the Debtors' powers
      and duties as debtors in possession in the continued
      operation of their business, management of their
      properties, and the potential sale of their assets;

   b. prepare and pursue confirmation of a plan and approval of a
      disclosure statement;

   c. prepare, on behalf of the Debtors, necessary applications,
      motions, answers, orders, reports, and other legal papers;

   d. appear in Court and protect the interests of the Debtors
      before the Court; and

   e. perform all other legal services for the Debtors that may
      be necessary and proper in these proceedings.

Young Conaway will be paid at these hourly rates:

     Michael R. Nestor                   $820
     Edmon L. Morton                     $730
     Sean M. Beach                       $695
     Ian J. Bambrick                     $435
     Allison S. Mielke                   $340
     Betsy L. Feldman                    $285
     Michael V. Girello, Paralegal       $270

Since November 14, 2017, Young Conaway received a total of seven
wire transfers from the Debtors for payments in connection with
certain legal fees and expenses including substantial filing fees
and supplements to the Retainer. Young Conaway has received a total
of $1,300,000 and submitted an invoice to the Debtors in the amount
of $1,049,631.98 on account of outstanding balances existing as of
the Petition Date.

Prior to the Petition Date, Young Conaway drew the balance of the
Retainer to cover its fees and expenses incurred prior to the
filing. After reconciliation of such fees and expenses, Young
Conaway refunded $250,368.02 to the Retainer, which represents the
balance after accounting for $1,049,631.98 in fees and expenses
incurred as of the Petition Date.

Young Conaway 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:

   -- Young Conaway has not agreed to a variation of its standard
      or customary billing arrangements for this engagement;

   -- None of the Firm's professionals included in this
      engagement have varied their rate based on the geographic
      location of these Chapter 11 Cases;

   -- Young Conaway was retained by the Debtors pursuant to an
      Engagement agreement dated November 2, 2017. The billing
      rates and material terms of the prepetition engagement are
      the same as the rates and terms described in the
      Application; and

   -- The Debtors have approved or will be approving a
      prospective budget and staffing plan for Young Conaway's
      engagement for the postpetition period as appropriate. In
      accordance with the U.S. Trustee Guidelines, the budget may
      be amended as necessary to reflect changed or unanticipated
      developments.

Sean M. Beach, a partner of Young Conaway Stargatt & Taylor, 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.

Young Conaway can be reached at:

     Sean M. Beach, Esq.
     YOUNG CONAWAY STARGATT & TAYLOR, LLP
     1000 North King Street
     Wilmington, DE 19801
     Tel: (302) 571-6600
     Fax: (302) 571-1253

              About Woodbridge Group of Companies, LLC

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.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

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.

Andrew R. Vara, U.S. Trustee for Region 3, appointed three members
to the official committee of unsecured creditors of Woodbridge
Group of Companies, and its debtor affiliates.


WOODBRIDGE GROUP: Moelis Tapped as Investment Banker
----------------------------------------------------
Woodbridge Group of Companies, LLC, and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Moelis & Company LLC, as investment banker to
the Debtors.

Woodbridge Group requires Moelis to:

   a. assist the Debtors in reviewing and analyzing the Debtors'
      results of operations, financial condition, and business
      plan;

   b. assist the Debtors in reviewing and analyzing any potential
      Restructuring, Sale Transaction or Capital Transaction;

   c. assist the Debtors in negotiating any Restructuring, Sale
      Transaction or Capital Transaction;

   d. advise the Debtors on the terms of securities the Debtors
      offer in any potential Capital Transactions;

   e. advise the Debtors on their preparation of the information
      memorandum for a potential Sale Transaction or Capital
      Transaction (each, an "Information Memo");

   f. assist the Debtors in contacting potential Acquirers or
      purchasers of a Capital Transaction ("Purchasers") that
      Moelis and the Debtors agree are appropriate, and meet with
      and provide them with the Information Memo and such
      additional information about the Debtors' assets,
      properties or businesses that is acceptable to the Debtors,
      subject to customary business confidentiality agreements;

   g. in connection with a Restructuring, provide testimony with
      respect to the going concern valuation range of the
      reorganized debtors after giving effect to a Plan and with
      respect to other appropriate and customary matters as
      Moelis and the Company may mutually agree upon; and

   h. provide such other financial advisory and investment
      banking services in connection with a Restructuring, Sale
      Transaction or Capital Transaction as Moelis and the
      Debtors may mutually agree upon.

Moelis will be paid as follows:

     i.    Monthly Fee. During the term of the Engagement Letter,
           a fee of $150,000 per month (the "Monthly Fee"),
           payable in advance of each month. The Debtors will pay
           the first Monthly Fee immediately upon execution of
           the Engagement Letter, and all subsequent Monthly Fees
           before each monthly anniversary of the date of the
           Engagement Letter. Whether or not a Restructuring,
           Sale Transaction or Capital Transaction occurs, Moelis
           shall earn and be paid the Monthly Fee every month
           during the term of the Engagement Letter.

     ii.   Restructuring Fee. At the closing of a Restructuring,
           a fee of $5,500,000.

     iii.  Sale Transaction Fee. At the closing of a Sale
           Transaction, a non-refundable cash fee (the "Sale
           Transaction Fee") of 1.25% of Transaction Value. In
           the event of a Sale Transaction that is consummated
           pursuant to Section 363 of the Bankruptcy Code, such
           Sale Transaction shall trigger a Sale Transaction Fee,
           and any resulting or subsequent Restructuring
           involving the Debtors shall trigger a Restructuring
           Fee.

     iv.   Capital Transaction Fee. At the closing of a Capital
           Transaction, a non-refundable cash fee of:

           (i)     1.0% of the aggregate gross amount of secured
                   obligations and other interests Raised in
                   the Capital Transaction; plus

           (ii)    2.5% of the aggregate gross amount of
                   unsecured debt obligations and other interests
                   Raised in the Capital Transaction; plus

           (iii)   4.0% of the aggregate gross amount or face
                   value of capital Raised (as defined below) in
                   the Capital Transaction as equity, equity-
                   linked interests, options, warrants or other
                   rights to acquire equity interests.

            The Debtors will pay a separate Capital Transaction
            Fee in respect of each Capital Transaction in the
            event that more than one Capital Transaction occurs.
            "Raised" includes the amount committed to the
            Debtors, whether or not the Debtors draw the full
            amount, and whether or not the company applies such
            amounts to refinance any of its obligations.

William Derrough, managing director of Moelis & Company 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.

Moelis can be reached at:

     William Derrough
     MOELIS & COMPANY LLC
     399 Park Avenue, 5th Floor
     New York, NY 10022
     Tel: 212-883-3800
     Fax: 212-880-4260

              About Woodbridge Group of Companies, LLC

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.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

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.

Andrew R. Vara, U.S. Trustee for Region 3, appointed three members
to the official committee of unsecured creditors of Woodbridge
Group of Companies, and its debtor-affiliates.


WOODBRIDGE GROUP: Province Hired as Expert Consultant
-----------------------------------------------------
Woodbridge Group of Companies, LLC, and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Province, Inc., as expert consultant to the
Debtors.

The Debtors intend to file a chapter 11 plan that implements their
proposed restructuring and transitions their real estate investment
business to institutional financing sources. To this end, the
Debtors have entered into an agreement with Hankey Capital, LLC,
subject to the approval of the Court, pursuant to which it will
provide the Debtors with up to $100 million in debtor in possession
financing, that will be secured by first priority priming liens on
28 properties each owned individually by 27 of the Debtors.

Prior to filing the bankruptcy petition, the Debtors engaged in a
private fundraising operation managed by WMF Management, LLC, which
directly owns seven fund entities.  The Funds issued short-term
notes secured by a pledge of certain promissory notes and related
loan and security agreements, deeds of trusts, or mortgages owned
by the Funds.

Because the DIP Lender will receive first priority priming liens on
the Core Assets, the Noteholders' interests in the Core Assets will
be subordinate to those of the DIP Lender.

While the Debtors believe that the Noteholders' liens on the Core
Assets are not properly perfected, and thus subject to avoidance,
out of an abundance of caution, at this stage in the proceedings,
the Debtors are making available conditional adequate protection to
the Noteholders (the "Adequate Protection") in the form of
replacement liens on certain of the Debtors' properties other than
the Core Assets (the "Adequate Protection Properties").

Woodbridge Group requires Province to assist the Debtors in
connection with the valuation of certain properties including, but
not limited to, the Adequate Protection Properties.

Province will be paid at these hourly rates:

     Paul Huygens                  $730
     Frederick Chin                $550
     Mark Kemper                   $420
     Jin Dong                      $375

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

Paul Huygens, principal of Province, 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.

Province can be reached at:

     Paul Huygens
     PROVINCE, INC.
     2360 Corporate Circle, Suite 330
     Henderson, NV 89074
     Tel: (702) 685-5555

              About Woodbridge Group of Companies, LLC

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.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

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.

Andrew R. Vara, U.S. Trustee for Region 3, appointed three members
to the official committee of unsecured creditors of Woodbridge
Group of Companies, and its debtor affiliates.


[*] M&A Advisor Announces Winners for Annual Turnaround Awards
--------------------------------------------------------------
The M&A Advisor on Dec. 21, 2017, announced the winners of the 12th
Annual Turnaround Awards in each of the categories of Restructuring
of the Year, Transaction of the Year, Refinancing of the Year,
Sector Deal of the Year, Firm of the Year, Turnaround
Product/Service of the Year and Professional of the Year.  The
awards will be presented at a Black Tie Gala on Wednesday,
March 21, 2018 at The Colony Hotel, Palm Beach, FL.

"The award winners represent the best of the distressed investing
and reorganization industry in 2017 and earned these honors by
standing out in a group of very impressive candidates," said David
Fergusson, Co-CEO and President of The M&A Advisor.  "In an
environment that is increasingly demanding of its professionals we
have recognized the leading transactions, firms and individuals
that represent the highest levels of performance."

The nominations, representing over 250 participating companies,
were judged by an independent jury of industry experts.

In addition to celebrating the Turnaround Award winners, the 2018
M&A Advisor Lifetime Achievement Awards will be presented to Samuel
J. Gerdano, Executive Director, American Bankruptcy Institute and
James H.M. Sprayregan, P.C., Partner, Kirkland & Ellis, LLP.  The
2018 M&A Advisor Leadership Awards will be presented to John
Bolduc, Executive Managing Director, HIG; Keith Maib, Senior
Managing Director, Mackinac Partners; and Patrick M. O'Keefe,
Founder and CEO, O'Keefe.

The Awards Gala is a feature of the 2018 Distressed Investing
Summit.  The Summit will take place on March 20-22 and will feature
250 of the industry's leading professionals participating in
exclusive interactive forums led by a faculty of restructuring
industry stalwarts and business media experts.  The Mar-A-Lago Club
will be the host for our opening night reception and Palm Beach's
exclusive Colony Hotel will be home to the Symposium, Awards
Celebrations, our infamous Closing Party, and "The Power of Change"
Workshop with Campbell Macpherson.

A detailed list of the Award Winners for the 12th Annual Turnaround
Awards is available at https://is.gd/MXbXEN

For more information, please visit http://www.maadvisor.com/or
contact The M&A Advisor at 718-997-7900.

                     About The M&A Advisor

Now in its 20th year, The M&A Advisor -- http://www.maadvisor.com/
-- was founded to offer insights and intelligence on mergers and
acquisitions, establishing the industry's leading media outlet in
1998.  Today, the firm is recognized as the world's premier
leadership organization for mergers & acquisition, restructuring
and corporate finance professionals, delivering a range of
integrated services from offices in New York and London.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***