TCR_Public/180126.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, January 26, 2018, Vol. 22, No. 25

                            Headlines

ABRAXAS PETROLEUM: Egan-Jones Hikes Sr. Unsec. Debt Ratings to B
ACHQ INC: Final Cash Use Order Entered, 6-Month Budget Okayed
ADVANCE LAWN: Taps Skinner Law Firm as Legal Counsel
AJ HOME HEALTH: Wants Patient Care Ombudsman Appointment Waived
AMERICOLD REALTY: Moody's Withdraws B2 Corporate Family Rating

AMERICOLD REALTY: S&P Affirms Then Withdraws 'B+' CCR
ARMSTRONG ENERGY: Secured Noteholders Group Members at Nov. 28
ATLANTICA YIELD: S&P Raises CCR to 'BB' on Improved Management
AUTO STRAP: Allowed to Use Cash Collateral Through May 31
AVENUE SHOPPES: Hires Scott V. Goldstein as Special Counsel

AVIS BUDGET: DBRS Confirms 'BB' Issuer Rating, Trend Stable
BELK INC: Bank Debt Trades at 16% Off
BON-TON STORES: Egan-Jones Lowers Sr. Unsecured Debt Ratings to C
BORINQUEN ANESTHESIA: Patient Care Ombudsman Ordered
CASTILLO I PARTNERSHIP: Hires Mark E. Goodfriend as Counsel

CEC ENTERTAINMENT: Bank Debt Trades at 4.94% Off
CENVEO INC: Egan-Jones Lowers Sr. Unsecured Ratings to CC
CHARMING CHARLIE: Clark Hill Represents Vestar Entities
CHRESTOTES INC: May Use Up to $27,000 of Estate Funds for Roofing
COBALT INT'L: Aristeia, Other Noteholders Hire Akin Gump

COBALT INT'L: Milbank, Cole Schotz Represent Unsec. Noteholders
COBALT INT'L: Taps Houlihan Lokey as Financial Advisor
COBALT INT'L: Taps Zack A. Clement as Local Counsel
COMMERCIAL METALS: Egan-Jones Lowers Sr. Unsecured Ratings to BB+
COMMUNITY HEALTH: Bank Debt Trades at 3.47% Off

CORRECT CLAIM: Garman Turner Represents Buena Vista Entities
CRESTOR GLOBAL: Hires Joyce W. Lindauer as Counsel
CROSS-DOCK SOLUTIONS: Ch. 11 Trustee Hires Bederson as Accountant
CROSS-DOCK SOLUTIONS: Ch. 11 Trustee Hires Greenbaum as Attorney
CVS HOLDINGS: Moody's Assigns B3 CFR; Outlook Stable

DAVID JOHN ROSSEN: Asks Court to Waive Appointment of PCO
DAVID'S BRIDAL: Bank Debt Trades at 11.25% Off
DEL MONTE: Bank Debt Trades at 17.45% Off
DENTON DOUGH: Hires Greg Williams as Tax Service Provider
DIAMONDBACK ENERGY: Moody's Rates New $250MM Sr. Unsec. Notes B1

ENDEMOL ENTERTAINMENT: Bank Debt Trades at 2.94% Off
F.M.C. MARKET: Hires Rattet as Counsel After Gordon-Oliver Exit
FAITH CHRISTIAN: Taps Silva Law as Legal Counsel
FAT FACE: Bank Debt Trades at 16.31% Off
FIRST DATA: Egan-Jones Lowers LC Commercial Paper Rating to B

FLO'S LLC: Hires Restaurant Brokers as Valuation Expert
FRANCHISE SERVICES: Dismissal Order Okayed for Direct Appeal
FRONTIER COMMUNICATIONS: Bank Debt Trades at 3.50% Off
GAMESTOP CORP: S&P Alters Outlook to Neg on Weak Credit Metrics
GENERAL NUTRITION: Bank Debt Trades at 18.92% Off

GLOBAL KNOWLEDGE: Bank Debt Trades at 18.67% Off
GNC CORP: Egan-Jones Lowers Sr. Unsecured Debt Ratings to CCC
GOODWILL INDUSTRIES: Taps Piercy Bowler as Accountant, Auditor
GST AUTOLEATHER: Dickinson Wright, Womble Represent FCA, et al.
HEALOGICS: Bank Debt Trades at 13.17% Off

HIGHVEST CORP: Seeks Authorization to Use Cash Collateral
HUNTSMAN CORP: Egan-Jones Hikes Sr. Unsecured Debt Ratings to BB+
INGRAM MICRO: Protective Provisions Support Moody's Ba1 CFR
INTERNATIONAL SHOPPES: Hires Goldstein as Special Counsel
J+T LLC: Taps BransonLaw as Legal Counsel

JC PENNEY: Bank Debt Trades at 4.08% Off
JO-ANN STORES: Bank Debt Trades at 2.75% Off
KAIROS LLC: Smith Debnam Represents Ascentium, First South
LEGACY RESERVES: Moody's Revises PDR to Caa2-PD/LD
LEVEL III TRADING: Successor Litigation Trustee, Extension Sought

LIFE SETTLEMENTS: U.S. Trustee Unable to Appoint Committee
LIONBRIDGE TECHNOLOGIES: S&P Alters Outlook to Neg & Affirms CCR
LOCKWOOD INTERNATIONAL: Case Summary & 20 Top Unsecured Creditors
LUCID ENERGY: Moody's Assigns B2 CFR; Outlook Positive
MACAVITY COMPANY: Hires Polsinelli as General Bankruptcy Counsel

MAPLE HEIGHTS, OH: Moody's Confirms B3 Issuer Rating
MAYFAIR-CORCORAN: Receiver Seeks Cash Pending Sale Closing
MAYFAIR-HAWAII: Receiver Needs Cash Through Sale Closing Date
MINISTERIOS ENCUENTRO: Hires Ralph Sellers as Appraiser
MORAN FOODS: Bank Debt Trades at 19.83% Off

MURRAY ENERGY: Bank Debt Trades at 10.37% Off
NUSTAR ENERGY: Egan-Jones Lowers Sr. Unsecured Ratings to BB+
ORWELL TRUMBULL: Hires Kravitz Brown as Special Counsel
ORWELL TRUMBULL: Hires Wuliger to Attend to Lawsuits
OSTEON MERGER: Moody's Assigns B2 Corporate Family Rating

PALACE ATLANTA: Taps Medley & Associates as Legal Counsel
PETROLEUM GEO-SERVICES: Bank Debt Trades at 15.96% Off
PETSMART INC: Bank Debt Trades at 18.05% Off
PHILADELPHIA ENERGY: Moody's Lowers PDR to 'D' Amid Bankr. Filing
PHILADELPHIA ENERGY: S&P Cuts CCR to 'D' on Bankruptcy Filing

POPI TRADING: Hires Jeremy S. Sussman as Counsel
PRESTIGE BRANDS: S&P Affirms 'B+' CCR, Outlook Negative
PUERTO RICO: Governor Moves to Privatize PREPA
R.R. DONNELLEY ARGENTINA: Chapter 15 Case Summary
RED RIVER TIC: Taps Buddy D. Ford as Legal Counsel

RENTECH INC: Egan-Jones Lowers Sr. Unsecured Debt Ratings to D
RISE ENTERPRISE: Hires Efrain Tirado Appraisal as Appraiser
ROTINI INC: Taps Gilman & Edwards as New Legal Counsel
SCIENTIFIC GAMES: Moody's Affirms B2 CFR, Rates Term Loan B5 'Ba3'
SCIENTIFIC GAMES: S&P Affirms 'B' CCR on New Financing Transaction

SEARS HOLDINGS: S&P Cuts CCR to 'CC' on Announced Debt Exchange
SEASTAR HOLDINGS: U.S. Trustee Forms 2-Member Committee
SENIOR CARE GROUP: Okayed to Use $70,000 Cash for Smoky Ridge
SERTA SIMMONS: Bank Debt Due 2023 Trades at 18.84% Off
SERTA SIMMONS: Bank Debt Due 2024 Trades at 11.50% Off

SKILLSOFT CORP: Bank Debt Trades at 2.96% Off
SKYPATROL LLC: Hires Frankel as Special Litigation Counsel
SOLID ESTATE INVESTMENTS: Taps Slipakoff & Slomka as Legal Counsel
SOUTHSIDE CHURCH: Case Summary & 2 Unsecured Creditors
SPORTS ZONE: U.S. Trustee Unable to Appoint Committee

ST. JOHN TRUCKING: Taps The Cooper Law Firm as Legal Counsel
STARWOOD PROPERTY: Moody's Assigns Ba3 Sr. Unsecured Notes Rating
STARWOOD PROPERTY: S&P Rates New $400MM Unsecured Notes 'BB-'
SUPER QUALITY CLEANERS: U.S. Trustee Unable to Appoint Committee
TITAN INT'L: Egan-Jones Cuts Sr. Unsecured Debt Ratings to CCC+

TRI-STAR CONSTRUCTION: Taps Totaro & Shanahan as Legal Counsel
TRUE PRODUCTS: Taps Buddy D. Ford as Legal Counsel
TSC/GREEN ACRES: U.S. Trustee Unable to Appoint Committee
TSC/JMJ SNOWDEN: Hires KLNB LLC as Real Estate Broker
UNIFIED GRAPHICS: Hires FisherBroyles as Counsel

US SILICA: Egan-Jones Hikes Sr. Unsecured Debt Ratings to BB
UW OSHKOSH FOUNDATION: Hires First Weber as Real Estate Broker
VESTER INVESTMENTS: Hires Markus Williams as Counsel
VICTORY CAPITAL: Moody's Hikes Corporate Family Rating to B1
WALL ST. RECYCLING: GMSI and CJL Seek Appointment of Ch. 11 Trustee

WELD NORTH EDUCATION: S&P Assigns 'B-' CCR on Proposed Refinancing
WINDSOR MARKETING: Court Signs 1st Interim Cash Collateral Order
WWLC INVESTMENT: Taps Palmer & Manuel to Handle Appeal
[^] BOOK REVIEW: The Rise and Fall of the Conglomerate Kings

                            *********

ABRAXAS PETROLEUM: Egan-Jones Hikes Sr. Unsec. Debt Ratings to B
----------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 9, 2018, raised the foreign
currency and local currency senior unsecured ratings issued by
Abraxas Petroleum Corp. to B from B-.

Based in San Antonio, Texas, Abraxas Petroleum Corporation is an
independent energy company engaged in the acquisition,
exploitation, development, and production of oil and gas properties
in the United States.


ACHQ INC: Final Cash Use Order Entered, 6-Month Budget Okayed
-------------------------------------------------------------
Judge Catherine Peek McEwen of the U.S. Bankruptcy Court for the
Middle District of Florida entered a final order authorizing ACHQ,
Inc., to use cash collateral in accordance with a 6-month budget.
The terms and conditions set forth in the interim orders will
remain in full force and effect.  A full-text copy of the Final
Order is available at:

              http://bankrupt.com/misc/flmb17-08043-38.pdf

                         About ACHQ, Inc.

Headquartered in Palmetto, Florida, ACHQ, Inc., filed for Chapter
11 bankruptcy protection (Bankr. M.D. Fla. Case No. 17-08043) on
Sept. 18, 2017.  The Debtor estimated less than $100,000 in total
assets and less than $1 million in liabilities.  McIntyre
Thanasides Bringgold Elliott Grimaldi & Guito, P.A., serves as the
Debtor's bankruptcy counsel.  An official committee of unsecured
creditors has not yet been appointed in the Chapter 11 case.


ADVANCE LAWN: Taps Skinner Law Firm as Legal Counsel
----------------------------------------------------
Advance Lawn & Landscape, Inc., seeks approval from the U.S.
Bankruptcy Court for the District of South Carolina to hire Skinner
Law Firm, LLC, as its legal counsel.

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

Randy Skinner, Esq., the attorney who will be handling the case,
charges an hourly fee of $425.  Paralegals charge $150 per hour.
Mr. Skinner received a retainer in the sum of $25,000 for
pre-bankruptcy services, plus the court filing fee.

Mr. Skinner disclosed in a court filing that he is a "disinterested
person" as defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Randy A. Skinner, Esq.
     Skinner Law Firm, LLC
     300 N. Main Street, Suite 201
     Greenville, SC 29601
     Tel: (864) 232-2007
     Fax: (864) 232-8496
     E-mail: main@skinnerlawfirm.com

                  About Advance Lawn & Landscape

Founded in 1999, Advance Lawn & Landscape Inc. --
http://advancelawninc.com-- is a landscaping company located in
Spartanburg, South Carolina.  Advance Lawn & Landscape sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. S.C.
Case No. 18-00122) on Jan. 11, 2018.  Christopher Baragar,
president, signed the petition.  At the time of the filing, the
Debtor disclosed $422,080 in assets and $1.41 million in
liabilities.   Judge Helen E. Burris presides over the case.
Skinner Law Firm, LLC, is the Debtor's legal counsel.


AJ HOME HEALTH: Wants Patient Care Ombudsman Appointment Waived
---------------------------------------------------------------
AJ Home Health Services, Inc., asks the U.S. Bankruptcy Court for
the Eastern District of Texas to waive the appointment of a patient
care ombudsman in their case.

The Debtor is an operating a business that provides home health
services with approximately 230 employees.  The Debtor's primary
income is from insurance companies and its primary expense is
payroll for its home healthcare staff.

The Debtor argues that the most significant factors for not
appointing a PCO in their case are: (a) the Debtor is a relatively
small operation that provides basic lower-level healthcare services
rather than hospital or doctor-level diagnosis and treatment; (b)
the Debtor's required insurance and licenses are in good standing;
(c) the Debtor does not obtain or maintain detailed patient medical
records; and (c) this case was not filed as a result of patient
care issues or any malpractice claims, but again, instead due to
cash flow issues that led to a large IRS debt.

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

            http://bankrupt.com/misc/txeb17-42820-21.pdf

                  About AJ Home Health Services

AJ Home Health Services, Inc., is a home health care services
provider based in DeSoto, Texas.  AJ Home Health Services filed a
Chapter 11 petition (Bankr. E.D. Tex. Case No. 17-42820) on Dec.
22, 2017.  Judge Ugbomoh, director, signed the petition.  At the
time of filing, the Debtor estimated $100,000 to $500,000 in assets
and $1 million to $10 million in liabilities.  The case is
assigned
to Judge Brenda T. Rhoades.  Quilling, Selander, Lownds, Winslett &
Moser, P.C., serves as the Debtor's counsel.


AMERICOLD REALTY: Moody's Withdraws B2 Corporate Family Rating
--------------------------------------------------------------
Moody's Investors Service has withdrawn all of its ratings for
Americold Realty Trust.

Ratings Withdrawn:

Corporate Family Rating, Withdrawn, previously rated B2

Probability of Default Rating, Withdrawn, previously rated B2-PD

Senior Secured Bank Credit Facility, Withdrawn, previously rated B2
(LGD3)

RATINGS RATIONALE

Moody's has withdrawn the ratings due to the obligation being
redeemed.

Americold is a leading provider of cold storage services
headquartered in Atlanta, and is organized as a real estate
investment trust. The firm is focused on the ownership, operation,
development and acquisition of temperature-controlled real estate.
Americold also provides additional services including warehouse
handling and value-add logistics services to manage the entire
temperature-controlled supply chain.


AMERICOLD REALTY: S&P Affirms Then Withdraws 'B+' CCR
-----------------------------------------------------
S&P Global Ratings affirmed its 'B+' corporate credit rating on
Americold Realty Operating Partnership L.P. and revised its outlook
to positive from stable. The company repaid its rated revolving
credit facility due 2018 and term loan due 2022 with proceeds from
the IPO completed on Jan. 19, 2018, the new revolving credit
facility, and the new term loan.

Subsequently, S&P withdrew the corporate credit rating at the
company's request.

S&P said, "The affirmation of the company's corporate credit rating
and positive outlook reflect our expectation that Americold's
leverage will improve following the IPO that was completed on Jan.
19, 2018, with proceeds used to repay debt, as well as improved
operating performance. As a result, we believe that the company's
debt-to-EBITDA metric will approach our upside scenario of 5x over
the next twelve months."



ARMSTRONG ENERGY: Secured Noteholders Group Members at Nov. 28
--------------------------------------------------------------
The Ad Hoc Group of Secured Noteholders submitted an amended
verified statement to disclose the composition of the group and the
members' economic interests in relation to Armstrong Energy, Inc.,
et al., as of Nov. 28, 2017.

The Ad Hoc Group of Secured Noteholders is comprised of certain
holders of or investment managers of (as constituted from time to
time, the "Ad Hoc Group") Armstrong Energy, Inc., and its debtor
affiliates' 11.75% secured notes due 2019 arising under the
indenture dated as of Dec. 21, 2012, by and among Armstrong Energy,
Inc., as issuer, the guarantors party thereto, and Wells Fargo
Bank, National Association, as trustee and collateral agent.

On May 17, 2016, the Ad Hoc Group of Secured Noteholders retained
Paul, Weiss, Rifkind, Wharton & Garrison LLP to represent them.
Paul Weiss continues to represent the Ad Hoc Group of Secured
Noteholders in their capacity as Secured Noteholders.  In addition,
the Ad Hoc Group retained Carmody MacDonald as local counsel in an
engagement agreement dated Oct. 25, 2017.

On Nov. 7, 2017, the Ad Hoc Group of Secured Noteholders filed a
pursuant to Bankruptcy Rule 2019.  Since then, the composition of
the Ad Hoc Group of Secured Noteholders, and the disclosable
economic interests in relation to the Debtors held or managed by
certain of the Secured Noteholders, has changed.  Accordingly,
pursuant to Bankruptcy Rule 2019, the Ad Hoc Group of Secured
Noteholders submitted an Amended Statement on Nov. 28.

According to the amended verified statement, the members of the Ad
Hoc Group and their economic interests as of Nov. 28, 2017, are:

                                     Principal Amount
    Secured Noteholder                 Secured Notes
    ------------------                 -------------
1. Caspian Capital LP
   767 Fifth Avenue
   New York, NY 10153                   $32,926,000

2. GoldenTree Asset Management LP
   300 Park Avenue, 21st Floor
   New York, NY 10022                   $78,561,000

3. Marathon Asset Management, LP
   One Bryant Park, 38th Floor
   New York, NY 10036                   $23,503,000

4. Panning Master Fund, LP
   510 Madison Avenue, 23rd Floor
   New York, NY 10022                    $5,835,000

5. Teachers Insurance and Annuity
     Association of America
   730 Third Avenue
   New York, NY 10017                   $11,427,000

In the verified statement filed Nov. 7, BlueMountain Capital was
part of the group and held $56.1 million of the Notes.

                      About Armstrong Energy

Armstrong Energy, Inc. and eight affiliates, including Armstrong
Coal Company, Inc., sought Chapter 11 protection (Bankr. E.D. Mo.
Lead Case No. 17-47541) on Nov. 1, 2017, after reaching a plan that
would transfer assets to the Company's senior bondholders and
Knight Hawk Holdings, LLC, in exchange for a $90 million credit
bid.

Armstrong Energy, Inc., through its 100% wholly owned subsidiary
Armstrong Coal Company, Inc., is a producer of steam coal in the
Illinois Basin.  Armstrong -- http://www.armstrongenergyinc.com/--
controls over 565 million tons of proven and probable coal
reserves and operates five mines in Western Kentucky.  Armstrong
ships coal to utilities via rail, truck and barge and has the
capability to provide low cost custom blend coal to fuel virtually
any electric power plant in the Midwest and Southeast regions of
the nation.  The Company employed approximately 600 individuals on
a full-time basis, as of the bankruptcy filing.

As of June 30, 2017, Armstrong Energy had $308.95 million in total
assets, $435.3 million in total liabilities and a total
stockholders' deficit of $126.3 million.

The Hon. Kathy A. Surratt-States is the case judge.

The Debtors tapped Kirkland & Ellis LLP as bankruptcy counsel;
Armstrong Teasdale LLP as local counsel; Maeva Group, LLC, as
financial advisor; FTI Consulting, Inc., as restructuring advisor;
and Donlin, Recano & Company, Inc., as claims and noticing agent.


ATLANTICA YIELD: S&P Raises CCR to 'BB' on Improved Management
--------------------------------------------------------------
S&P Global Ratings raised its long-term corporate credit rating on
Atlantica Yield PLC to 'BB' from 'BB-'. The outlook is stable.

S&P said, "At the same time, S&P Global Ratings raised its ratings
on the company's senior secured debt to 'BBB-' from 'BB+'; the
recovery rating on this debt is unchanged at '1', indicating our
expectation of very high (90%-100%; rounded estimate: 95%) recovery
for investors in a default scenario.

"In addition, S&P Global Ratings raised its ratings on Atlantica's
senior unsecured debt to 'BB' from 'BB-'. The recovery rating on
this debt is unchanged at '3', indicating our expectation of
meaningful (50%-70% range; rounded estimate 65%) recovery in a
default scenario.

"The upgrade reflects revision of our management and governance
(M&G) assessment on Atlantica Yield to fair from weak. Atlantica's
management team has performed as expected and we believe the M&G
issues from 2015 are resolved. We believe the team, which has been
in place since 2015, has executed on its strategic decisions and
has a track record of meeting its financial and operational goals.
It has separated back-office operations from its former sponsor
Abengoa S.A., obtained covenant waivers for the cross-default
provisions and change-of-control provisions, refinanced its
revolver tranche B, and reduced dividends to match cash flow
generation expectations.

"The stable outlook reflects our view that Abengoa will sell its
remaining interest in Atlantica Yield. We also expect the company's
contracted assets will continue to operate under long-term
contracts with investment-grade counterparties and generate fairly
predictable cash flows to support its holding-company debt
obligations. In our base-case scenario, we expect FFO-to-debt of
25%-30% and debt-to-EBITDA of 3.0x-3.5x over our 12-month outlook
period.

"We would consider upgrading Atlantica Yield if debt-to-EBITDA
stays below 3x and FFO-to-debt stays above 30%. This could result
from increased cash flows from new projects or acquisitions, or
deleveraging. In addition, we would consider raising the ratings if
the company achieves scale and diversity similar to rated peers NRG
Yield Inc. and NextEra Energy Partners L.P.

"A downgrade could occur if debt-to-EBITDA stays above 4x and
FFO-to-debt consistently falls below 20% over our 12-month outlook
period. This could result from significantly reduced cash flows
from the company's projects following a decline in operating
performance and asset reliability, higher-than-expected operating
costs, unfavorable weather, or increased leverage at the corporate
level."


AUTO STRAP: Allowed to Use Cash Collateral Through May 31
---------------------------------------------------------
Judge Mark Houle of the U.S. Bankruptcy Court for the Central
District of California authorized Auto Strap Transport, LLC to use
cash collateral from Dec. 1, 2017 (Petition Date) through May 31,
2018.

Judge Houle granted all creditors, secured by cash collateral, with
replacement liens in the same priority and to the extent as their
prepetition liens.

A full-text copy of the Order is available:

           http://bankrupt.com/misc/cacb17-19936-87.pdf

                  About Auto Strap Transport

Auto Strap Transport L.L.C. -- http://autostraptransport.com/-- is
a privately owned auto transport carrier company with its corporate
office in Fontana, California, and additional terminals in
Milipitas, and Benecia, California, and La Vergne, Tennessee.

Auto Strap Transport filed a Chapter 11 petition (Bankr. C.D. Cal.
Case No. 17-19936) on Dec. 1, 2017.  In the petition signed by
Richard Rudder, managing member, the Debtor estimated $1 million to
$10 million in total assets and $10 million to $50 million in
liabilities.  The case is assigned to Judge Mark D. Houle.  The
Debtor is represented by Todd L Turoci, Esq., at the The Turoci
Firm.  


AVENUE SHOPPES: Hires Scott V. Goldstein as Special Counsel
-----------------------------------------------------------
Avenue Shoppes, LLC, seeks authority from the U.S. Bankruptcy Court
for the Middle District of Florida to employ Scott V. Goldstein,
Esq., as special counsel to the Debtor.

Avenue Shoppes requires Scott V. Goldstein to:

   a. prosecute or settle the pending actions in the Circuit
      Court, in and for Orange County, Florida, titled Ingrid R.
      Diaz, et al., Case No. 2017-CA-005615-O, and Little New
      Orleans OBT, LLC, et al., Case No. 2017-CC-013946-O;

   b. initiate legal action to enforce obligations of other
      tenants and guarantors following lease default.

Scott V. Goldstein will be paid a flat fee of $500 per month.
Scott V. Goldstein will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Scott V. Goldstein, Esq., 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.

                     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, Florida.

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



AVIS BUDGET: DBRS Confirms 'BB' Issuer Rating, Trend Stable
-----------------------------------------------------------
DBRS, Inc. confirmed the ratings of Avis Budget Group, Inc. (Avis
Budget or the Company) and its related subsidiary, Avis Budget Car
Rental, LLC, including the Company's Long-Term Issuer Rating of
"BB". Concurrently, DBRS assigned a Support Assessment of SA3,
which results in the Company's Intrinsic Assessment to be equalized
to the Long-Term Issuer Rating at "BB". The trend on all ratings is
Stable.

The ratings consider Avis Budget's solid global franchise,
including a top-tier U.S. on-airport business, a sound off-airport
franchise and a good-sized truck rental business. Importantly, the
Company's international business, which represents approximately
31% of total revenues for 9M17, provides diversity to the top line.
Moreover, the Company's deep industry knowledge and sound fleet
management operations benefit its well-managed liquidity profile.
Ratings also consider Avis Budget's pressured earnings generation,
as well as its reliance on secured forms of wholesale funding, and
leveraged balance sheet, which limits financial flexibility and
constrains the Company's ratings.

The Stable trend reflects DBRS's expectation that Avis Budget's
operating performance will remain acceptable over the medium term,
underpinned by solid industry fundamentals, including the
strengthening global economies and appropriately sized and
re-balanced fleets, especially in the U.S. markets, which better
match customer demand. Partially offsetting, DBRS expects that used
vehicle values will moderate, as the bump-up in demand, due to the
recent hurricanes, recedes. Brexit could also prove to be a
headwind to the Company's bottom line.

The Company has a strong franchise with a significant global reach
underpinned by more than 11,000 locations in more than 180
countries. The franchise operates with a multi-brand strategy,
including Avis, its premium brand, Budget, its value brand, Payless
and Apex, its two deep value brands, and Zipcar, its car share
service. The Company also has a truck rental operation called
Budget Truck, which operates through a network of 1,000 dealer
operated and 480 company operated locations. Importantly, the
separate brands provide for differentiated positioning, servicing
and pricing, but share non-customer facing functions such as
administrative and operational functions, including fleet
management, sales and finance.

It is DBRS's view that the large rental car companies in the U.S.
have right-sized their fleets, establishing the proper mix of
vehicles and trim levels to better meet customer demand, which
should benefit future pricing and ultimately the Company's bottom
line, which has been pressured by higher expenses, especially
higher vehicle related costs. Indeed, Avis Budget reported
favorable pricing in 3Q17 in the Americas segment. However, the
Company did report lower pricing internationally. Importantly, the
Company remains focused on expense reduction initiatives, including
a decrease in headcount, as well as process efficiencies, to
improve the bottom line.

Overall, the Company maintains a sound risk profile and manages its
risks appropriately. Avis Budget maintains a broad base of vehicle
suppliers to mitigate concentration risk. Moreover, the wide base
of suppliers and vehicle models reduces the Company's risk of loss
on deterioration of residual values due to a specific issue with a
manufacturer or model. Despite its large component of risk
vehicles, the Company intends to acquire more program vehicles,
which should somewhat moderate residual value risk. Similar to its
peers with significant on-airport operations, Avis Budget is
reliant on travel volumes, which results in the Company being
exposed to external risk that may disrupt the travel industry. To
mitigate this exposure, Avis has taken a number of steps to broaden
its revenue base to dampen any earnings impact from a travel
slowdown. Although the Company's debt is exposed to interest rate
risk, it is highly manageable, especially given the moderate level
of variable rate debt (LIBOR based) on its balance sheet. Finally,
the Company relies significantly on information systems, including
reservations, rental, data processing and information management
systems, to conduct its day-to-day operations. As such, a failure
of a major system could result in lost reservations, disruption to
the Company's ability to manage its fleet, and slow rental
transaction processing resulting in lower revenues and earnings. It
is DBRS's view that the Company's operating risk is adequately
managed.

Avis Budget's funding profile has not changed materially. The
Company continues to significantly rely on the securitization
markets to fund its vehicle fleet. The high level of
securitizations somewhat limits Avis Budget's financial
flexibility, given the high level of encumbered assets on its
balance sheet. DBRS notes that refinancing risk is above average,
given the traditionally short duration of rental car-backed ABS. As
such, it is vital for the Company to maintain a suitable liquidity
profile. Overall, DBRS views Avis Budget's liquidity as appropriate
and well-managed.

On a cash flow basis, Avis Budget's leverage falls within the range
of the larger rental car companies. However, on a balance sheet
basis, the Company's leverage is high, reflecting its low level of
book equity relative to the size of the balance sheet. DBRS views
Avis Budget's tangible equity deficit, which is driven by a high
level of goodwill and intangibles, as a negative factor considered
in the rating. DBRS sees the Company's ability to absorb losses in
the event of a significant economic downturn, as limited. Finally,
DBRS would view an increase in tangible book equity as a positive
rating factor.

RATING DRIVERS

Material improvement in the Company's capital structure, including
higher levels of tangible equity, and lower balance sheet leverage
may lead to upward rating pressure. Moreover, improved diversity,
reflecting a notable decline in the Company's reliance on the U.S.
on-airport market could have positive rating implications.
Conversely, a sustained decline in revenue generation indicating a
weakening of the franchise, or a material loss resulting from fleet
mismanagement could result in downward rating pressure.
Additionally, a deterioration in the Company's liquidity position
or a material increase in leverage, may negatively impact ratings.


BELK INC: Bank Debt Trades at 16% Off
-------------------------------------
Participations in a syndicated loan under which BELK Inc is a
borrower traded in the secondary market at 84.00
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.46 percentage points from the
previous week. BELK Inc pays 475 basis points above LIBOR to borrow
under the $1.500 billion facility. The bank loan matures on Dec.
10, 2022 and carries Moody's B2 rating and Standard & Poor's B-
rating. The loan is one of the biggest gainers and losers among 247
widely quoted syndicated loans with five or more bids in secondary
trading for the week ended January 19.


BON-TON STORES: Egan-Jones Lowers Sr. Unsecured Debt Ratings to C
-----------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 3, 2018, downgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by The Bon-Ton Stores Inc. to C from CCC-.  EJR also lowered the
foreign currency and local currency commercial paper ratings on the
Company to D from C.

Bon-Ton Stores, Inc., is a regional department store company based
in York, Pennsylvania, chiefly operating 275 stores, including 11
furniture galleries, in 26 states throughout the northern United
States.


BORINQUEN ANESTHESIA: Patient Care Ombudsman Ordered
----------------------------------------------------
Judge Brian K. Tester of the U.S. Bankruptcy Court for the District
of Puerto Rico directed the U.S. Trustee to appoint an ombudsman in
the case of Borinquen Anesthesia Services PSC.  The U.S. Trustee
and the Debtor have 21 days to inform the Court in writing if
appointment of an ombudsman is not necessary for the protection of
the patients.

                    About Borinquen Anesthesia

Based in Aibonito, Puerto Rico, Borinquen Anesthesia Services PSC
is a privately held company that operates in healthcare industry.
Its principal assets are located at Calle Jose C Vazquez Hospital
General ME Aibonito, PR 00705.  Borinquen Anesthesia is a small
business debtor as defined in 11 U.S.C. Sec. 101(51D).

Borinquen Anesthesia sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.P.R. Case No. 18-00130) on Jan. 12, 2018.
Jorge A. Acevedo Orengo, president, signed the petition.  At the
time of the filing, the Debtor disclosed $89,700 in assets and
$1.20 million in liabilities.


CASTILLO I PARTNERSHIP: Hires Mark E. Goodfriend as Counsel
-----------------------------------------------------------
Castillo I Partnership seeks authority from the U.S. Bankruptcy
Court for the Central District of California to employ the Law
Offices of Mark E. Goodfriend, as general bankruptcy counsel to the
Debtor.

Castillo I Partnership requires Mark E. Goodfriend to:

   a. consult with the U.S. Trustee, or the debtor in possession
      concerning the administration of the case;

   b. investigate the acts, conduct, assets, liabilities, and
      financial condition of the Debtor, the operation of the
      Debtor's business and any other matter relevant to the
      case, to formulate the Plan of Reorganization and to advise
      and counsel the Debtor regarding matters of bankruptcy law;

   c. assist the Debtor in the preparation of reports, accounts,
      applications and orders involving bankruptcy law;

   d. evaluate, review and consult on claims and the filing of
      objections thereto as appropriate;

   e. participate in the formulation of a Disclosure Statement
      and Plan of Reorganization, and to collect and file with
      the court acceptances or rejections of said Plan or Plans;

   f. represent the Debtor in proceedings or hearings before the
      Bankruptcy Court in matters relating to this bankruptcy
      case; and

   g. perform such other services as are appropriate as General
      Bankruptcy Counsel.

Mark E. Goodfriend will be paid at the hourly rate of $350.

Mark E. Goodfriend will be paid a retainer in the amount of
$35,000, plus $1,717 filing fee.

Mark E. Goodfriend will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Mark E. Goodfriend, partner of the Law Offices of Mark E.
Goodfriend, 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.

Mark E. Goodfriend can be reached at:

     Mark E. Goodfriend, Esq.
     LAW OFFICES OF MARK E. GOODFRIEND
     16055 Ventura Boulevard, Suite 800
     Encino, CA 91436
     Tel: (818) 783-8866
     Fax: (818) 783-5445

                 About Castillo I Partnership

Castillo I Partnership is a privately held partnership in Van Nuys,
California.

A sister company, M.N.E. Funding, Inc., sought bankruptcy
protection on Sept. 10, 2017 (Bankr. C.D. Cal. Case No. 17-12420).

Castillo I Partnership, based in Van Nuys, CA, filed a Chapter 11
petition (Bankr. C.D. Cal. Case No. 17-13341) on Dec. 18, 2017.  In
its petition signed by Ahron Zilberstein, general partner, the
Debtor estimated $1 million to $10 million in both assets and
liabilities.  The Hon. Martin R. Barash presides over the case.
Mark E. Goodfriend, Esq., at the Law Offices of Mark E. Goodfriend,
serves as bankruptcy counsel to the Debtor.


CEC ENTERTAINMENT: Bank Debt Trades at 4.94% Off
------------------------------------------------
Participations in a syndicated loan under which CEC Entertainment
Inc is a borrower traded in the secondary market at 95.06
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.70 percentage points from the
previous week. CEC Entertainment Inc pays 325 basis points above
LIBOR to borrow under the $760 million facility. The bank loan
matures on Feb. 14, 2021 and Moody's B2 rating and Standard &
Poor's B- rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended January 19.


CENVEO INC: Egan-Jones Lowers Sr. Unsecured Ratings to CC
---------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 5, 2018, downgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Cenveo Inc. to CC from CCC.  EJR also lowered the foreign
currency and local currency commercial paper ratings on the Company
to 'D' from 'C'.

Cenveo, Inc., incorporated on May 1, 1997, is a diversified
manufacturing company focused on print-related products.  The
Company's portfolio of products includes envelope converting,
commercial printing, label manufacturing and specialty packaging.


CHARMING CHARLIE: Clark Hill Represents Vestar Entities
-------------------------------------------------------
Clark Hill PLC on Jan. 18, 2018, submitted a verified statement
pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure
to disclose that it currently represents these creditors and
parties-in-interest in the Chapter 11 cases of Charming Charlie
Holdings, Inc., et al.:

      1. Vestar DRM-OPCO, LLC
         c/o R. Patrick McGinley
         Vestar
         2425 East Camelback Road, Ste. 750
         Phoenix, AZ 85016

      2. District at Green Valley, LLC
         c/o R. Patrick McGinley
         Vestar
         2425 East Camelback Road, Ste. 750
         Phoenix, AZ 85016

      3. Vestar Orchard Towne Center, L.L.C.
         c/o R. Patrick McGinley
         Vestar
         2425 East Camelback Road, Ste. 750
         Phoenix, AZ 85016

      4. Vestar CPT Tempe Marketplace, LLC
         c/o R. Patrick McGinley
         Vestar
         2425 East Camelback Road, Ste. 750
         Phoenix, AZ 85016

      5. Vestar Gateway, LLC
         c/o R. Patrick McGinley
         Vestar
         2425 East Camelback Road, Ste. 750
         Phoenix, AZ 85016

      6. Orland Park Crossing II, LLC
         c/o Edwards Realty Company
         14400 S. John Humphrey Dr., Ste. 200
         Orland Park, IL 60462

Clark Hill has represented each of the Clients with respect to
various matters prior to the date of commencement of the Chapter 11
case.

The Clients currently hold unsecured prepetition claims, unsecured
rejection claims and/or postpetition administrative claims for
unpaid rent and other charges.  The full amount of each of the
Clients' claims is undetermined at this time.

All parties are aware of Clark Hill's representation of other
clients in this matter.  All of the Clients have waived the
conflict of interests that might exist between them.

                 About Charming Charlie Holdings

Charming Charlie Holdings, Inc. -- http://www.CharmingCharlie.com/
-- is a Houston-based specialty retailer focused on fashion
jewelry, handbags, apparel, gifts and beauty products.

Charming Charlie Holdings Inc. and its affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-12906) on Dec. 11,
2017.  At the time of filing, the Company operated more than 375
stores in the United States and Canada.

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.


CHRESTOTES INC: May Use Up to $27,000 of Estate Funds for Roofing
-----------------------------------------------------------------
Judge Scott C. Clarkson of the U.S. Bankruptcy Court for the
Central District of California authorized Chrestotes, Inc. to use
$27,000 of estate funds to replace the roof and related repairs on
the Property located at 820 Mesita Place, Fullerton, California.

The Debtor is also authorized to use Certified Roofing Specialists
to make the repairs.

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

            http://bankrupt.com/misc/cacb17-12660-149.pdf

                     About Chrestotes, Inc.

Chrestotes, Inc., owns 3 single family residences.  It rents those
three properties for fair rental value which is virtually its only
source of income.  Chrestotes also owns and receives rent for a
vehicle.

Chrestotes filed a Chapter 11 bankruptcy petition (Bankr. C.D.Cal.
Case No. 17-12660) on July 1, 2017, disclosing total assets of
$3.12 million and total liabilities of $4.92 million.  Dolly
Valdivia, secretary, signed the petition.

The Hon. Scott C. Clarkson presides over the case.  

The Law Offices of David A. Tilem is the Debtor's counsel.


COBALT INT'L: Aristeia, Other Noteholders Hire Akin Gump
--------------------------------------------------------
In the Chapter 11 cases of Cobalt International Energy, Inc., et
al., Akin Gump Strauss Hauer & Feld LLP submitted a verified
statement pursuant to Rule 2019 of the Federal Rules of Bankruptcy
Procedure to disclose that it represents certain unaffiliated
holders of obligations arising from:

   (a) the 10.75% first lien secured notes due 2021 (the "First
Lien Notes") issued under the Senior Secured Notes Indenture dated
as of Dec. 6, 2016, by and among Cobalt International Energy, Inc.,
as issuer, the guarantors, and Wilmington Trust National
Association, as trustee and collateral agent,

   (b) the 7.75% second lien secured notes due 2023 (the "Second
Lien Notes") issued under the Senior Secured Notes Indenture dated
as of Dec. 6, 2016, by and among Cobalt, as issuer, the guarantors
and Wilmington Trust, as trustee and collateral agent,

   (c) the 2.625% convertible senior unsecured notes due 2019 (the
"2019 Notes") issued under the Senior Indenture dated as of Dec.
17,  2012, by and among Cobalt, as issuer, and Wells Fargo Bank,
National Association, as trustee, and

   (d) the 3.125% convertible senior unsecured notes due 2024
issued under the Senior Indenture dated as of Dec. 17, 2012, by and
among Cobalt, as issuer, and Wells Fargo, as trustee.

Akin Gump does not represent or purport to represent any other
entities in connection with the chapter 11 cases of the Debtors.
Akin Gump does not represent the Noteholders as a "committee" (as
such term is employed in the Bankruptcy Code and Bankruptcy Rules)
and does not undertake to represent the interests of, and is not a
fiduciary for, any creditor, party in interest, or entities other
than the Noteholders.  In addition, the Noteholders do not
represent or purport to represent, or serve as fiduciary for, any
other entities in connection with the Debtors' chapter 11 cases.

The Noteholders either hold  claims or  manage  accounts that hold
claims against the Debtors' estates arising from the purchase of
the Notes.  The names, addresses, and "the nature and amount of
all  disclosable economic interests" of the Noteholders in relation
to the Debtors as of Jan. 9, 2018 are:

  1. Aristeia Capital LLC
     One Greenwich Plaza, 3rd Floor
     Greenwich, CT 06830
     * $8,500,000 of First Lien Notes
     * $108,700,000 of Second Lien Notes
     * $6,808,000 of 2019 Notes
     * $11,099,000 of 2024 Notes

  2. Cyrus Capital Partners, LP
     65 East 55th Street, 6th Floor
     New York, NY 10022
     * $8,300,000 of First Lien Notes
     * $193,365,000 of Second Lien Notes

  3. Highbridge Capital Management LLC
     40 West 57th Street, 32nd Floor
     New York, NY 10019
     * $16,624,000 of Second Lien Notes

  4. Whitebox Advisors LLC
     3033 Excelsior Boulevard, Suite 300
     Minneapolis, MN
     * $76,105,000 of Second Lien Notes
     * $1,815,000 of 2019 Notes
     * $59,715,000 of 2024 Notes

Counsel for the Ad Hoc Group of Second Lien Noteholders:

          Marty L. Brimmage Jr., Esq.
          Lacy M. Lawrence, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          1700 Pacific Avenue, Suite 4100
          Dallas, TX 75201
          Telephone: (214) 969-2800
          Facsimile: (214) 969-4343
          E-mail: mbrimmage@akingump.com
                  llawrence@akingump.com

                    - and -

          James Savin, Esq.
          Kate Doorley, Esq.
          AKIN GUMP STRAUSS HAUER & FELD LLP
          1333 New Hampshire Avenue, N.W.
          Washington, DC 20036
          Telephone: (202) 887-4000
          Facsimile: (202) 887-4288
          E-mail: jsavin@akingump.com
                  kdoorley@akingump.com

                    About Cobalt International

Cobalt International Energy -- http://www.cobaltintl.com/-- is an
independent exploration and production company active in the
deepwater U.S. Gulf of Mexico and offshore West Africa.  Cobalt was
formed in 2005 and is headquartered in Houston, Texas.

Cobalt International Energy, Inc., and five of its subsidiaries
filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 17-36709) on Dec.
14, 2017.  David D. Powell, chief financial officer, signed the
petitions.

The Debtors reported total assets of $1.69 billion and total debt
of $3.16 billion as of Sept. 30, 2017.

The Debtors tapped Zack A. Clement PLLC as local bankruptcy
counsel; Kirkland & Ellis LLP and Kirkland & Ellis International
LLP as general bankruptcy counsel; Houlihan Lokey Capital, Inc., as
financial advisor and investment banker; and Kurtzman Carson
Consultants LLC as claims and noticing agent.

An official committee of unsecured creditors was appointed in the
Debtors' cases.  The Committee is represented by Pachulski Stang
Ziehl & Jones LLP.


COBALT INT'L: Milbank, Cole Schotz Represent Unsec. Noteholders
---------------------------------------------------------------
Milbank, Tweed, Hadley & McCloy LLP and Cole Schotz, P.C., on Jan.
23, 2018, submitted a verified statement pursuant to Rule 2019(b)
of the Federal Rules of Bankruptcy Procedure as counsel to an Ad
Hoc Committee of Unsecured Noteholders.

The Ad Hoc Committee of Unsecured Noteholders is comprised of
certain beneficial holders and/or investment managers or advisors
of certain beneficial holders of, among other disclosable economic
interests, the 2.625% Convertible Senior Notes due 2019 and 3.125%
Convertible Senior Notes due 2023 issued by Cobalt International
Energy, Inc. (the "Unsecured Notes").

The Ad Hoc Committee was formed in October 2017 by its members and,
shortly thereafter, retained Milbank as counsel in connection with
a potential restructuring of the Debtors.  In addition, in December
2017, the Ad Hoc Committee retained Cole Schotz as its Texas
counsel in connection with a potential restructuring of the
Debtors.

Although certain members of the Ad Hoc Committee hold additional
interests in the Debtors' capital structure other than the
Unsecured Notes, each member of the Ad Hoc Committee is
participating in the Ad Hoc Committee solely with respect to their
holdings of Unsecured Notes.

The members of the Ad Hoc Committee have indicated to Counsel that
as of Jan. 22, 2018, they hold these disclosable economic interests
or act as investment managers or advisors to funds and/or accounts
that hold disclosable economic interests in relation to the
Debtors:

  1. Arosa Capital Management LP
     120 West 45th Street, # 3700
     New York, NY 10036
     * $34,000,000 of 2.625% Senior Convertible Notes due 2019
     * $5,000,000 of 3.125% Senior Convertible Notes due 2024

  2. Atlas Enhanced Master Fund, Ltd.
     c/o BAM LP
     444 West Lake Street, 50th Floor
     Chicago, IL 60606
      * $8,500,000 of 2.625% Senior Convertible Notes due 2019
      * $1,707,000 of 3.125% Senior Convertible Notes due 2024

  3. Atlas Master Fund, Ltd.
     c/o BAM LP
     444 West Lake Street, 50th Floor
     Chicago, IL 60606
      * $1,500,000 of 2.625% Senior Convertible Notes due 2019
      * $293,000 of 3.125% Senior Convertible Notes due 2024

  4. BPER International SICAV
     Avenue J. F. Kennedy 33A
     PO Box 91
     L-2010 Luxembourg
     * $4,157,000 of 2.625% Senior Convertible Notes due 2019

  5. CQS (UK) LLP
     4th Floor
     One Strand
     London WC2N 5HR
     United Kingdom
     * $97,314,000 of 2.625% Senior Convertible Notes due 2019

  6. Fidelity Management & Research Company  
     200 Seaport BLVD.  V13H
     Boston, MA  02210-2014
     * $72,853,000 of 2.625% Senior Convertible Notes due 2019

  7. Gardner Lewis Partners, LLC
     285 Wilmington West Chester
     Pike
     Chadds Ford, PA 19317
     * $10,909,000 of 2.625% Senior Convertible Notes due 2019
     * $4,954,000 of 3.125% Senior Convertible Notes due 2024

  8. Owl Creek Asset Management,  L.P.
     640 Fifth Avenue, 20th Floor
     New York, NY 10019
     * $26,000,000 of 3.125% Senior Convertible Notes due 2024
     * 945,600 Shares of Cobalt International Energy Common Stock

  9. Paulson & Co., Inc.
     1251 Avenue of the Americas
     New York, NY 10020

     * $219,229,000 of 3.125% Senior Convertible Notes due 2024
     * $38,000,000 of 10.750% First-Lien Sr Secured Notes due
       2021
     * $2,000,000 of 7.750% Second-Lien Sr Secured Notes due 2023
     * 2,046,394 Shares of Cobalt Int'l Energy Common Stock

10. Polygon Global Partners LLP
     4 Sloane Terrace
     London SW1X 9DQ
     United Kingdom
     * $8,313,000 of 2.625% Senior Convertible Notes due 2019
     * $40,836,000 of 3.125% Senior Convertible Notes due 2024
     * $10,000,000 of 7.75% Second-Lien Sr. Secured Notes due
       2023

11. Sound Point Capital Management, LP
     375 Park Avenue, 33rd Floor
     New York, NY 10152
     * $37,524,000 of 3.125% Senior Convertible Notes due 2024
     * $19,948,000 of 10.750% First-Lien Sr Secured Notes due
       2021
     * $41,804,000 of 7.750% Second-Lien Sr Secured Notes due
       2023
     * 400,334  Shares of Cobalt International Energy Common
       Stock

12. Southpaw Credit Opportunity Master Fund L.P.
     c/o Southpaw Asset Management LP
     2 West Greenwich Office Park, 1st Floor
     Greenwich, CT 06831
     * $47,070,000 of 2.625% Senior Convertible Notes due 2019
     * $5,043,000 of 3.125% Senior Convertible Notes due 2024
     * $50,243,000 of 10.750% First-Lien Sr Secured Notes due
       2021

13. Tetragon Financial Management LP
     399 Park Avenue
     New York, NY 10022
     * $15,500,000 of 2.625% Senior Convertible Notes due 2019
     * $14,500,000 of 3.125% Senior Convertible Notes due 2024

14. UBS (Lux) Bond SICAV – Convert Global (EUR)
     Avenue J. F. Kennedy 33A
     PO Box 91
     L-2010 Luxembourg
     * $54,963,000 of 2.625% Senior Convertible Notes due 2019

15. UBS (Lux) Institutional Fund – Global Convertible Bonds  
     Avenue J. F. Kennedy 33A
     PO Box 91
     L-2010 Luxembourg
     * $4,967,000 of 2.625% Senior Convertible Notes due 2019

The Noteholders' attorneys can be reached at:

         COLE SCHOTZ P.C.
         Michael D. Warner
         301 Commerce Street, Suite 1700
         Fort Worth, Texas  76102
         Telephone: (817) 810-5250
         Facsimile: (817) 977-1611
         E-mail: mwarner@coleschotz.com

              - and -

         MILBANK, TWEED, HADLEY & McCLOY LLP
         Gerard Uzzi
         Eric Stodola
         28 Liberty Street
         New York, New York  10005
         Telephone: (212) 530-5000
         Facsimile: (212) 530-5219
         E-mail: guzzi@milbank.com
                 estodola@milbank.com

                    About Cobalt International

Cobalt International Energy -- http://www.cobaltintl.com/-- is an
independent exploration and production company active in the
deepwater U.S. Gulf of Mexico and offshore West Africa.  Cobalt was
formed in 2005 and is headquartered in Houston, Texas.

Cobalt International Energy, Inc., and five of its subsidiaries
filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 17-36709) on Dec.
14, 2017.  David D. Powell, chief financial officer, signed the
petitions.

The Debtors reported total assets of $1.69 billion and total debt
of $3.16 billion as of Sept. 30, 2017.

The Debtors tapped Zack A. Clement PLLC as local bankruptcy
counsel; Kirkland & Ellis LLP and Kirkland & Ellis International
LLP as general bankruptcy counsel; Houlihan Lokey Capital, Inc., as
financial advisor and investment banker; and Kurtzman Carson
Consultants LLC as claims and noticing agent.

An official committee of unsecured creditors was appointed in the
Debtors' cases.  The Committee is represented by Pachulski Stang
Ziehl & Jones LLP.


COBALT INT'L: Taps Houlihan Lokey as Financial Advisor
------------------------------------------------------
Cobalt International Energy, Inc. received approval from the U.S.
Bankruptcy Court for the Southern District of Texas to hire
Houlihan Lokey Capital, Inc. as its financial advisor and
investment banker.

The firm will assist the company and its affiliates in evaluating
indications of interest and proposals regarding any transaction
from lenders, equity investors, acquirers or strategic partners;
provide expert advice and testimony regarding financial matters
related to the transaction; assist the Debtors in the negotiation
of any transaction; and provide other services related to the
Debtors' Chapter 11 cases.

The Debtors will pay Houlihan Lokey in advance a non-refundable
cash fee of $150,000 per month.  Aside from these monthly fees, the
firm will also receive transaction fees.

In the case of a restructuring transaction, Houlihan Lokey will be
paid a cash fee equal to $10.5 million.

In the case of a sale transaction, the firm will be paid a cash fee
from the gross proceeds based on a certain percentage of the
"aggregate gross consideration," which is calculated as follows:
(i) 0.60% of the AGC up to $1 billion, plus (ii) 0.75% of the AGC
above $1 billion but not exceeding $1.5 billion, plus (iii) 1% of
the AGC in excess of $1.5 billion.

Meanwhile, Houlihan Lokey will be paid a cash fee from the gross
proceeds of a financing transaction equal to the sum of (i) 0.75%
of the gross proceeds of any indebtedness raised or committed that
is senior to other indebtedness of the Debtors, secured by a first
priority lien, and unsubordinated, with respect to lien priority
and payment, to any other obligation of the Debtors (not including
debtor-in-possession financing); (ii) 1.5% of the gross proceeds of
any indebtedness raised or committed that is secured by a lien (not
including a first lien); (iii) 2.5% of the gross proceeds of any
indebtedness raised or committed that is unsecured; and (iv) 5% of
the gross proceeds of all equity or equity-linked securities placed
or committed in the event that the capital is for financing a
restructuring transaction or emergence from bankruptcy.

John-Paul Hanson, managing director of Houlihan Lokey, disclosed in
a court filing that his firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     John-Paul Hanson
     Houlihan Lokey Capital, Inc.
     245 Park Avenue, 20th Floor
     New York, NY 10167
     Tel: 212.497.4262 / 212.497.4100
     Fax: 212.661.3070

                    About Cobalt International

Cobalt International Energy -- http://www.cobaltintl.com-- is an
independent exploration and production company active in the
deepwater U.S. Gulf of Mexico and offshore West Africa.  Cobalt was
formed in 2005 and is headquartered in Houston, Texas.

Cobalt International Energy, Inc., and five of its subsidiaries
filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 17-36709) on Dec.
14, 2017.  David D. Powell, chief financial officer, signed the
petitions.

The Debtors reported total assets of $1.69 billion and total debt
of $3.16 billion as of Sept. 30, 2017.

The Debtors hired Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel; and Kurtzman
Carson Consultants LLC as claims and noticing agent.

An official committee of unsecured creditors has been appointed in
the Debtors' cases.  The committee is represented by Pachulski
Stang Ziehl & Jones LLP.


COBALT INT'L: Taps Zack A. Clement as Local Counsel
---------------------------------------------------
Cobalt International Energy, Inc., received approval from the U.S.
Bankruptcy Court for the Southern District of Texas to hire Zack A.
Clement PLLC as its local counsel.

The firm will serve as Texas counsel to the company and its
affiliates and will assist their primary restructuring counsel,
Kirkland & Ellis LLP, in connection with the prosecution of their
Chapter 11 cases.

Zack Clement, Esq., the attorney who will be representing the
Debtors, charges an hourly fee of $600.  His firm received a
retainer in the sum of $10,000 from the Debtors.

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

In accordance with Appendix B-Guidelines for reviewing fee
applications filed by attorneys in larger Chapter 11 cases, Mr.
Clement disclosed that his firm has not agreed to any variations
from, or alternatives to, its standard or customary billing
arrangements; and that no professional at his firm has varied his
rate based on the geographic location of the Debtors' cases.

Mr. Clement also disclosed that his firm represented the Debtors
during the one-month period before the petition date and charged
$600 per hour for its services; and that the Debtors have already
approved the firm's budget and staffing plan for the period
December 14, 2017 to April 14, 2018.

The firm can be reached through:

     Zack A. Clement, Esq.
     Zack A. Clement PLLC
     3753 Drummond Street
     Houston, TX 77025
     Phone: 832-274-7629
     Email: zack.clement@icloud.com

                    About Cobalt International

Cobalt International Energy -- http://www.cobaltintl.com-- is an
independent exploration and production company active in the
deepwater U.S. Gulf of Mexico and offshore West Africa.  Cobalt was
formed in 2005 and is headquartered in Houston, Texas.

Cobalt International Energy, Inc., and five of its subsidiaries
filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 17-36709) on Dec.
14, 2017.  David D. Powell, chief financial officer, signed the
petitions.

The Debtors reported total assets of $1.69 billion and total debt
of $3.16 billion as of Sept. 30, 2017.

The Debtors hired Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel; and Kurtzman
Carson Consultants LLC as claims and noticing agent.

An official committee of unsecured creditors has been appointed in
the Debtors' cases.  The committee is represented by Pachulski
Stang Ziehl & Jones LLP.


COMMERCIAL METALS: Egan-Jones Lowers Sr. Unsecured Ratings to BB+
-----------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 3, 2018, downgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Commercial Metals Co. to BB+ from BBB-.

Commercial Metals Company is a steel and metal manufacturer based
in based in Irving, Texas.


COMMUNITY HEALTH: Bank Debt Trades at 3.47% Off
-----------------------------------------------
Participations in a syndicated loan under which  Community Health
Systems is a borrower traded in the secondary market at 96.53
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.39 percentage points from the
previous week. Community Health Systems pays 300 basis points above
LIBOR to borrow under the $2.940 billion facility. The bank loan
matures on Jan. 20, 2021 and Moody's Ba3 rating and Standard &
Poor's B+ rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended January 19.


CORRECT CLAIM: Garman Turner Represents Buena Vista Entities
------------------------------------------------------------
In the Chapter 11 case of Correct Claim Public Adjusters, LLC,
Garman Turner Gordon LLP submitted a verified statement in
accordance with F.R.B.P. Rule 2019 to disclose that it represents
Buena Vista Finance, LLP, BVF Fund II, LLC, and David Komet.

Buena Vista, et al., have retained common counsel and intend to act
in concert to advance their common interests.

Komet is a member and manager of Buena Vista and BVF Fund.

On the Petition Date, Buena Vista held a secured claim of $323,300
against all of Debtor's assets pursuant to the Factoring Agreement
and Security Agreement and Security Agreement, both dated March 31,
2016.

On the Petition Date, BVF Fund held a secured claim of $3,240,208
against the collateral defined in the Consumer Report Agreement,
dated January 1, 2017 (executed on June 30, 2017).

On the Petition Date, Komet estimates his unsecured claim against
Debtor was $0.00 under the Lease of the premises located at 2323
Buena Vista, Ste. 101, San Antonio, Texas 78207.

Buena Vista, BVF Fund, and Komet share a common business address
of:

         2323 Buena Vista
         San Antonio, Texas 78207

Buena Vista, BVF Fund, and Komet act on their own behalf and have
not purchased any claim against Debtor from any person or entity.
They hold claims against the Debtor in an aggregate amount of at
least $3,563,508 on the basis of the Factoring Agreement, CRA, and
Lease.

GTG was retained by  Buena Vista,  BVF  Fund, and Komet
postpetition to assist them in connection with the Chapter 11
Case.

Komet determined to employ GTG as counsel for  Buena Vista, BVF
Fund, and Komet.

The firm can be reached at:

         Gerald M. Gordon, Esq.
         Mark M. Weisenmiller
         GARMAN TURNER GORDON LLP
         650 White Drive, Ste. 100
         Las Vegas, NV 89119
         Tel: (725) 777-3000
         Fax: (725) 777-3112
         E-mail: ggordon@gtg.legal
                 mweisenmiller@gtg.legal

               About Correct Claim Public Adjusters

Based in El Paso, Texas, Correct Claim Public Adjusters, LLC --
http://www.correctclaim.com/-- is a licensed public adjuster that
helps homeowners in determining the value of their claim, reviewing
their existing insurance policy to establish coverage, and
documenting the claim for submission to their insurer.  The
company's experience includes both broad-based events such as
hurricanes, hailstorms, wildfires, explosions, or tornados, and
single-property incidents including fires, theft, or
plumbing-related water damage.  Correct Claim is also based in the
Rio Grande Valley of Texas and in Denver, Colorado.  Correct Claim
was founded by Sergio De La Canal.

Correct Claim Public Adjusters, based in San Antonio, Texas, filed
a Chapter 11 petition (Bankr. D. Nev. Case No. 17-16483) on Dec. 6,
2017.  In its petition signed by managing member Sergio De La
Canal, the Debtor estimated $500,000 to $1 million in assets and $1
million to $10 million in liabilities.

The Hon. Laurel E. Davis presides over the case.

Robert Atkinson, Esq., at Atkinson Law Associates, Ltd., serves as
bankruptcy counsel to the Debtor.  Angelo Law Firm PLLC has been
tapped as special counsel, providing services related to the
Debtor's insurance public adjuster business.


CRESTOR GLOBAL: Hires Joyce W. Lindauer as Counsel
--------------------------------------------------
Crestor Global Investments, Funds II, LLC, seeks authority from the
U.S. Bankruptcy Court for the Northern District of Texas to employ
Joyce W. Lindauer Attorney, PLLC, as counsel to the Debtor.

Crestor Global requires Joyce W. Lindauer to represent the Debtor
in the Chapter 11 bankruptcy proceedings.

Joyce W. Lindauer will be paid at these hourly rates:

     Attorneys                $185 to $395
     Paralegals                  $125

The Debtor paid Joyce W. Lindauer a retainer of $9,217, which
included the filing fee of $1,717.

Joyce W. Lindauer will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Joyce W. Lindauer, owner of Joyce W. Lindauer Attorney, 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 Debtor and its estates.

Joyce W. Lindauer can be reached at:

     Joyce W. Lindauer, Esq.
     JOYCE W. LINDAUER ATTORNEY, PLLC
     12720 Hillcrest Road, Suite 625
     Dallas, TX 75230
     Tel: (972) 503-4033
     Fax: (972) 503-4034

                About Crestor Global Investments

Crestor Global Investments, Funds II, LLC, filed a Chapter 11
bankruptcy petition (Bankr. N.D. Tex. Case No. 17-34797) on Dec.
29, 2017, estimating under $1 million in total assets and
liabilities.  The Debtor is represented by Joyce W. Lindauer
Attorney, PLLC.


CROSS-DOCK SOLUTIONS: Ch. 11 Trustee Hires Bederson as Accountant
-----------------------------------------------------------------
Nancy Isaacson, the Chapter 11 Trustee of Cross-Dock Solutions,
LLC, seeks authority from the U.S. Bankruptcy Court for the
District of New Jersey to employ Bederson LLP, as accountant to the
Trustee.

The Trustee requires Bederson to:

   -- provide accounting services to the Trustee as required;

   -- prepare the final estate tax returns; and

   -- analyze the Debtor's finances.

Bederson will be paid at these hourly rates:

     Partners                   $390 to $515
     Managers                   $305 to $325
     Senior Accountants         $240 to $265
     Staff Accountants             $170
     Paraprofessionals             $170

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

Timothy J. King, partner of Bederson 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.

Bederson can be reached at:

     Timothy J. King
     BEDERSON LLP
     347 Mt. Pleasant Avenue
     West Orange, NJ 07052
     Tel: (973) 736-3333

                   About Cross-Dock Solutions

Cross-Dock Solutions, LLC -- http://cross-docksolutions.com/-- is
a full service third party provider with climate controlled
warehousing and multiple compartmented less-than-load (LTL) and
truckload equipment that can accommodate chilled and frozen
products on the same refrigerated trailer.  The Company also offers
cross-dock capabilities, cold chain storage and a warehouse
management solution(WMS)that can be customized to its customers'
business needs.

Cross-Dock Solutions, based in Edison, New Jersey, filed a Chapter
11 petition (Bankr. D.N.J. Case No. 17-26993) on Aug. 22, 2017.  In
its petition signed by Pedro Cardenas, its managing member, the
Debtor estimated $1 million to $10 million in both assets and
liabilities.

The Hon. Kathryn C. Ferguson is the case judge.

Patricia A. Staiano, Esq., at Hellring Lindeman Goldstein & Siegal
LLP, served as bankruptcy counsel to the Debtor.

On Jan. 12, 2018, Nancy Isaacson was appointed the Chapter 11
trustee for the Debtor.  The Trustee retained Greenbaum Rowe Smith
& Davis LLP, as attorney.


CROSS-DOCK SOLUTIONS: Ch. 11 Trustee Hires Greenbaum as Attorney
----------------------------------------------------------------
Nancy Isaacson, the Chapter 11 trustee of Cross-Dock Solutions,
LLC, seeks authority from the U.S. Bankruptcy Court for the
District of New Jersey to employ Greenbaum Rowe Smith & Davis LLP,
as attorney to the Trustee.

The Trustee requires Greenbaum to:

   a) provide legal advice with respect to Chapter 11 Trustee
      duties in the bankruptcy case;

   b) assist Chapter 11 Trustee in investigating the acts,
      conduct, assets and liabilities and financial condition of
      the Debtor and any other matters relevant to the bankruptcy
      proceeding;

   c) prosecute appropriate adversary proceedings; and

   d) perform such other legal services as may be referred and be
      in the best interests of the Debtor's estate and creditors.

Greenbaum will be paid at these hourly rates:

     Partners                              $450-$585
     Associates                            $280-$410
     Paralegals/Law Clerks                 $135-$185

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

Nancy Isaacson, partner of Greenbaum Rowe Smith & Davis 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.

Greenbaum can be reached at:

     Nancy Isaacson, Esq.
     GREENBAUM ROWE SMITH & DAVIS LLP
     75 Livingston Avenue
     Roseland, NJ 07068-3701
     Tel: (973) 535-1600
     E-mail: nisaacson@greenbaumlaw.com

                   About Cross-Dock Solutions

Cross-Dock Solutions, LLC -- http://cross-docksolutions.com/-- is
a full service third party provider with climate controlled
warehousing and multiple compartmented less-than-load (LTL) and
truckload equipment that can accommodate chilled and frozen
products on the same refrigerated trailer.  The Company also offers
cross-dock capabilities, cold chain storage and a warehouse
management solution(WMS)that can be customized to its customers'
business needs.

Cross-Dock Solutions, based in Edison, New Jersey, filed a Chapter
11 petition (Bankr. D.N.J. Case No. 17-26993) on Aug. 22, 2017.  In
its petition signed by Pedro Cardenas, its managing member, the
Debtor estimated $1 million to $10 million in both assets and
liabilities.

The Hon. Kathryn C. Ferguson is the case judge.

Patricia A. Staiano, Esq., at Hellring Lindeman Goldstein & Siegal
LLP, served as bankruptcy counsel to the Debtor.

On Jan. 12, 2018, Nancy Isaacson was appointed the Chapter 11
trustee for the Debtor.  The Trustee retained Greenbaum Rowe Smith
& Davis LLP, as attorney.



CVS HOLDINGS: Moody's Assigns B3 CFR; Outlook Stable
----------------------------------------------------
Moody's Investors Service assigned a B3 Corporate Family Rating
(CFR) and a B3-PD Probability of Default Rating (PDR) to CVS
Holdings I, LP ("Capital Vision"). Concurrently, Moody's assigned
B2 ratings to the company's proposed $75 million senior secured
revolver and $440 million senior secured 1st lien term loan, and a
Caa2 rating on the proposed $160 million senior secured 2nd lien
term loan. The ratings outlook is stable.

Proceeds from the transaction will be used to refinance the
company's existing $535 million of debt, pay for fees and expenses
and general corporate purposes.

Moody's took the following rating actions for CVS Holdings I, LP:

-- Corporate Family Rating, Assigned B3

-- Probability of Default Rating, Assigned B3-PD

-- $75 million Sr. Secured Revolving Credit Facility expiring
    2023, Assigned B2 (LGD 3)

-- $440 million Sr. Secured 1st Lien Term Loan due 2025, Assigned

    B2 (LGD 3)

-- $160 million Sr. Secured 2nd Lien Term Loan due 2026, Assigned

   Caa2 (LGD 5)

-- Stable outlook

The ratings are subject to receipt and review of final
documentation.

RATINGS RATIONALE

Capital Vision's B3 CFR is broadly constrained by the company's
small scale, geographic concentration, high leverage and aggressive
growth strategy driven primarily by debt-financed acquisitions.
Pro-forma for the transaction and run rate impact of acquisitions,
Moody's-adjusted debt/EBITDA is relatively high in the low-8 times
range, and EBITA/interest expense is fairly weak in the low-1 times
range for the last twelve months ended September 30, 2017. These
calculations differ meaningfully from management-adjusted metrics
because they exclude significant add-backs (such as integration,
transaction, acquisition, contingent consideration), which Moody's
believes reflect recurring costs that will persist over time due to
the company's acquisition-driven growth strategy. Moody's expects
debt/EBITDA to improve over the next 12-18 months to the mid-7 to 8
times range, driven by low-to-mid single-digit same-store sales,
maturation of recently acquired stores, and earnings from
additional acquisitions.

Capital Vision's good near-term liquidity, coupled with stable and
growing demand for optometrist services and eyewear products,
positions the rating solidly in the B3 category despite the
elevated financial risk profile. Moody's expects liquidity to be
supported by pro-forma balance sheet cash of about $90 million,
$20-40 million of projected free cash flow generation, and good
revolver availability. Further, the rating benefits from the
company's solid execution of its roll-up strategy and competitive
advantage provided by acceptance of all major vision insurance
plans.

The stable outlook reflects Moody's expectations for good liquidity
and solid earnings growth driven by new office expansion and
positive same-store sales.

The ratings could be upgraded if the company de-levers while
maintaining solid organic revenue growth, EBITDA margins and good
liquidity. Quantitatively, credit metrics that could prompt
consideration for a prospective ratings upgrade include
Moody's-adjusted debt/EBITDA trending towards 7 times on a
pro-forma basis, EBITA/interest expense maintained above 1.5 times,
and FCF/debt maintained above 5%.

The ratings could be downgraded if liquidity deteriorates for any
reason, including limited revolver availability. More aggressive
financial policies, significant declines in same store sales
performance or lower returns on acquisition spending compared to
prior years could also lead to a downgrade. Quantitatively, the
ratings could be downgraded if Moody's expects EBITA/interest
expense to be maintained at or below 1 times.

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

CVS Holdings I, LP ("Capital Vision") provides management services
to MyEyeDr. O.D. ("MyEyeDr.") optometrists and their practices.
MyEyeDr. practices offer vision care services, prescription
eyeglasses and sunglasses, and contact lenses. The company operated
334 offices across 14 states and Washington, DC, and generated
approximately $477 million of revenue for the twelve-month period
ended September 30, 2017. On August 14, 2015, the company was
acquired by an investor group led by Altas Partners and Caisse de
depot et placement du Quebec.


DAVID JOHN ROSSEN: Asks Court to Waive Appointment of PCO
---------------------------------------------------------
Debtors David John Rossen and Julia Kay Rossen filed a motion
asking the U.S. Bankruptcy Court for the Eastern District of Texas
to waive the appointment of a patient care ombudsman in their
case.

David Rossen is a licensed dentist and owns a dental practice which
he operates as a sole proprietorship.  Unfortunately, during the
last few years, revenue from the Dental Practice declined.  As a
result, the Debtors fell behind on certain tax obligations and
incurred a significant amount of unsecured debt.

Under the facts and circumstances of the instant case, the Debtors
assert that cause exists to waive the appointment of an ombudsman,
including but not limited to these:

   a. The filing of the Debtors' bankruptcy petition was
precipitated by excessive tax liability and a variety of merchant
loans rather than by any default or event connected to his
performance as a dentist.

   b. The Dental Practice has been and can continue to generate a
positive cash flow.

   c. DJR has been a practicing dentist since 1986.

   d. There is no reason to believe that the Debtors' personal
bankruptcy filing will cause any interruption in the provision of
services to his dental patients.

   e. DJR is the only dentist operating in the Dental Practice.

The appointment of an ombudsman will also increase the cost of the
administration of the estate to the detriment of the Debtors and to
the potential detriment of unsecured creditors of his bankruptcy
estate.

Given that the Dental Practice has procedures in place to ensure
continued appropriate care of patients and of their records, and
given the fact that the DJR has no history of patient problems with
respect to the provision of care or the custody of records, it is
submitted that appointment of an ombudsman, in this case, is not
necessary.

A copy of the Debtors' Motion is available at:

          http://bankrupt.com/misc/txeb17-42801-21.pdf

                      About the Rossens

David Rossen is a licensed dentist and owns a dental practice which
he
operates as a sole proprietorship.  He has been a practicing
dentist in the Colony since 1986.  

David John Rossen and Julia Kay Rossen commenced a Chapter 11
bankruptcy case (Bankr. E.D. Tex. Case No. 17‐42801) on Dec. 20,
2017.

No trustee or examiner has been appointed, and no official
committee of creditors
has yet been established.

Counsel to the Debtors:

         DeMarco Mitchell, PLLC
         Robert T. DeMarco,
         Michael S. Mitchell,
         1255 W. 15th Street, 805
         Plano, TX 75075
         Tel: 972-578-1400
         Fax: 972-346-6791
         E-mail: robert@demarcomitchell.com
                 mike@demarcomitchell.com


DAVID'S BRIDAL: Bank Debt Trades at 11.25% Off
----------------------------------------------
Participations in a syndicated loan under which David's Bridal Inc
is a borrower traded in the secondary market at 88.75
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 2.13 percentage points from the
previous week. David's Bridal Inc pays 375 basis points above LIBOR
to borrow under the $520 million facility. The bank loan matures on
Oct. 11, 2019 and Moody's Caa1 rating and Standard & Poor's CCC+
rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended January 19.




DEL MONTE: Bank Debt Trades at 17.45% Off
-----------------------------------------
Participations in a syndicated loan under which Del Monte Pacific
Ltd is a borrower traded in the secondary market at 82.55
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 3.62 percentage points from the
previous week.  Del Monte Pacific Ltd pays 325 basis points above
LIBOR to borrow under the $710 million facility. The bank loan
matures on Feb. 18, 2021 and carries Moody's Caa1 rating and
Standard & Poor's CCC+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended January
19.


DENTON DOUGH: Hires Greg Williams as Tax Service Provider
---------------------------------------------------------
Denton Dough Company, seeks authority from the U.S. Bankruptcy
Court for the Northern District of Texas to employ Greg Williams,
CPA, as accountant, bookkeeper and tax service provider to the
Debtor.

Denton Dough requires Greg Williams to:

   a. analyze the Debtor's financial position, assets and
      liabilities;

   b. provide bookkeeping services as needed by the Debtor and
      prepare all necessary reports related thereto;

   c. assist with the preparation of the monthly operating
      reports; and

   d. assist in such other accounting and financial matters in
      connection with the bankruptcy proceeding.

Greg Williams will be paid as follows:

   -- preparation of monthly operating         
      reports                                  $400 per month

   -- preparation of monthly bookkeeping       
      and accounting services                  $500 per month  

   -- preparation of the Debtor's              
      federal tax return and state tax
      return                                   $1,747.50

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

Greg Williams, 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.

                  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.  In its petition
signed by Martha Jensen, president, the Debtor estimated $500,000
to $1 million in assets and $1 million to $10 million in
liabilities.

The case is assigned to Judge Stacey G. Jernigan.

Robert Thomas DeMarco, Esq., at DeMarco-Mitchell, PLLC, serves as
counsel to Denton Dough.


DIAMONDBACK ENERGY: Moody's Rates New $250MM Sr. Unsec. Notes B1
----------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Diamondback
Energy, Inc.'s proposed $250 million tack-on offering of 5.375%
senior unsecured notes, due 2025. Diamondback's other ratings and
stable outlook were unchanged.

Net proceeds from the proposed offering will be used to reduce
borrowings under the company's revolving credit facility, which had
$397 million outstanding as of January 23, 2018.

"Although this is a leverage neutral transaction, the increased
revolver availability will provide Diamondback enhanced financial
flexibility in 2018 as it continues to aggressively develop its
Midland and Delaware Basin acreage," commented Sajjad Alam, Moody's
Senior Analyst.

Assignments:

Issuer: Diamondback Energy, Inc.

--  Senior Unsecured Regular Bond/Debenture due 2025, Assigned B1
(LGD5)

RATINGS RATIONALE

The proposed notes will be issued under the same indenture as the
company's $500 million 5.375% notes that were issued on December
20, 2016. These notes will also rank equally in right of payment
with Diamondback's existing 2025 senior notes as well as the 4.75%
senior notes due 2024. Diamondback's senior unsecured notes are
rated B1, one notch below the Ba3 Corporate Family Rating (CFR)
under Moody's Loss Given Default Methodology given the significant
size of its secured revolving credit facility. The $1 billion
committed revolver has a first-lien claim to substantially all of
Diamondback's assets.

Diamondback's Ba3 CFR reflects its growing, low cost and
oil-weighted production platform in the Permian Basin; low
financial leverage supported by periodic equity issuances; strong
cash margins, and significant alternative liquidity through its 64%
ownership interest in Viper Energy Partners LP (VEP, unrated),
which had a market capitalization of $2.9 billion as of January 23,
2018. The rating is also supported by the increased scale and
diversification following the acquisition of 80,185 net acres in
the Delaware Basin, in February 2017. The CFR is restrained by the
scale of Diamondback's upstream operations, its narrow geographic
focus in the Permian Basin and high level of capital spending as
the company continues its rapid growth. Although Diamondback's
production and reserves are smaller than most Ba-rated E&P
companies, the company's high quality asset base, strong growth
prospects and low debt level supports its Ba3 CFR.

The stable outlook reflects Diamondback's low leverage and low cost
structure that should support continued growth through 2018. If
Diamondback can sustain production above 80,000 boe per day while
maintaining the RCF/debt ratio above 40% and the leveraged
full-cycle ratio above 1.5x, the ratings could be upgraded. The
ratings could be downgraded if the company's capital productivity
were to significantly decline and/or its financial leverage were to
substantially increase. A downgrade could occur if the RCF/debt
ratio falls below 25% or the debt to average daily production ratio
were to rise above $20,000 per boe on a sustained basis.

Diamondback Energy, Inc. is an exploration and production company
with primary focus in the Permian Basin in West Texas.


ENDEMOL ENTERTAINMENT: Bank Debt Trades at 2.94% Off
----------------------------------------------------
Participations in a syndicated loan under which Endemol
Entertainment Holding NV is a borrower traded in the secondary
market at 97.06 cents-on-the-dollar during the week ended Friday,
January 19, 2018, according to data compiled by LSTA/Thomson
Reuters MTM Pricing.  This represents an increase of 0.76
percentage points from the previous week. Endemol Entertainment
Holding NV pays 900 basis points above LIBOR to borrow under the
$457 million facility. The bank loan matures on Aug. 12, 2022 and
Moody's Caa3 rating and Standard & Poor's CCC- rating.  The loan is
one of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended January 19.


F.M.C. MARKET: Hires Rattet as Counsel After Gordon-Oliver Exit
---------------------------------------------------------------
F.M.C. Market, Inc., d/b/a Frank's Food Court, seeks authority from
the U.S. Bankruptcy Court for the Southern District of New York to
employ Rattet PLLC, as counsel to the Debtor, replacing Arlene
Gordon-Oliver & Associates, PLLC.

On Nov. 9, 2015 the Bankruptcy Court approved Gordon-Oliver as
attorney to the Debtor.  Arlene Gordon-Oliver, Esq., took office as
Family Court Judge in Westchester County effective January 1, 2018.
Gordon-Oliver has moved the Bankruptcy Court to be relieved as
counsel.

F.M.C. Market requires Rattet to:

   (a) advise the Debtor with respect to its powers and duties as
       Debtor-in-possession in the continued management and
       operation of its business and properties;

   (b) attend meetings and negotiate with representatives of
       creditors and other parties in interest and advise and
       consult on the conduct of the bankruptcy case, including
       all of the legal and administrative requirements of
       operating in Chapter 11;

   (c) take all necessary actions to protect and preserve the
       Debtor's estates, including the prosecution of actions on
       their behalf, the defense of any actions commenced against
       its estate, negotiations concerning all litigation in
       which the Debtor may be involved and objections to claims
       filed against the estate;

   (d) prepare on behalf of the Debtor all motions, applications,
       answers, orders, reports and papers necessary to the
       administration of the estates;

   (e) negotiate and prepare on the Debtor's behalf plans of
       reorganization, disclosure statement(s) and all related
       agreements or documents and take any necessary action on
       behalf of the Debtor to obtain confirmation of such
       plans;

   (f) advise and assist the Debtor in connection with any
       extraordinary sale of assets;

   (g) appear before the Bankruptcy Court, any appellate courts,
       and the U.S. Trustee, and protect the interests of the
       Debtor's estate before such courts and the U.S. Trustee;
       and

   (h) perform all other necessary legal services and provide all
       other necessary legal advice to the Debtors in connection
       with its Chapter 11 case.

Rattet will be paid at these hourly rates:

     Members                   $650
     Associates                $400

On Jan. 16, 2018, Jennifer Ficuciello, a friend of the Debtor's
principal, Frank Consolone caused a corporation controlled by her,
AMF Enterprises Inc. to pay a third-party retainer to Rattet in the
amount of $5,000.

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

Robert L. Rattet, partner of Rattet 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 Debtor and its estates.

Rattet can be reached at:

     Robert L. Rattet, Esq.
     RATTET PLLC
     202 Mamaroneck Avenue, Suite 300
     White Plains, NY 10601
     Tel: (914) 381-7400

                  About F.M.C. Market, Inc.,
                  d/b/a Frank's Food Court

F.M.C. Market, Inc., based in Elmsford, NY, filed a Chapter 11
petition (Bankr. S.D.N.Y. Case No. 15-22885) on June 22, 2015.  In
its petition signed by President Frank Canfolone, the Debtor
estimated $100,000 to $500,000 in assets and $1 million to $10
million in liabilities.  

Arlene Gordon-Oliver, Esq., at Arlene Gordon-Oliver & Associates,
PLLC, originally served as bankruptcy counsel.  Rattet PLLC was
later hired by the Debtor as replacement after Arlene
Gordon-Oliver, Esq., took office as a family court judge.



FAITH CHRISTIAN: Taps Silva Law as Legal Counsel
------------------------------------------------
Faith Christian Family Church of Panama City Beach Inc. seeks
approval from the U.S. Bankruptcy Court for the Northern District
of Florida to hire Silva Law, P.A., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; review claims of creditors; assist in any
potential sale of its assets and other corporate transactions;
assist in the preparation and implementation of a bankruptcy plan;
and provide other legal services related to its Chapter 11 case.

The firm will be paid on an hourly basis and will be reimbursed for
work-related expenses.

Silva Law does not hold or represent any interest adverse to the
Debtor's estate.

The firm maintains an office at:

     Silva Law, P.A.
     307 Wilson Avenue, Unit 18
     Panama City, FL 32401

                About Faith Christian Family Church
                    of Panama City Beach Inc.

Faith Christian Family Church of Panama City Beach, Inc., is a
privately-held company that operates the Faith Christian Family
Church in Panama City Beach, Florida.  It is a not-for-profit
corporation believed to have been founded in April 1980.  The
founding pastors were Steve and Rhonda Morin who served as two of
the three original Board of Directors along with Julie Chapman.
The church filed for bankruptcy in 2011 (Bankr. N.D. Fla. Case No.
11-50288).  The first bankruptcy case was dismissed just one year
from the Petition Date.

Faith Christian Family Church of Panama City Beach Inc. sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Fla. Case No. 17-50334) on Nov. 22, 2017.  In the petition signed
by Markus Q. Bishop, president, the Debtor estimated assets and
liabilities of $1 million to $10 million.  Judge Karen K. Specie
presides over the case.  The Debtor is represented by the Law
Offices of William E Corley, III.


FAT FACE: Bank Debt Trades at 16.31% Off
----------------------------------------
Participations in a syndicated loan under which Fat Face Ltd is a
borrower traded in the secondary market at 83.69
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.65 percentage points from the
previous week. Fat Face Ltd pays 550 basis points above LIBOR to
borrow under the $140 million facility. The bank loan matures on
Sept. 12, 2020. Moody's and S&P did not give any rating.  The loan
is one of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended January 19.


FIRST DATA: Egan-Jones Lowers LC Commercial Paper Rating to B
-------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 3, 2018, downgraded the local
currency commercial paper rating on First Data Corp. to B from A3.

First Data Corporation offers its clients a range of integrated
solutions in commerce technologies, merchant acquiring, issuing,
and network solutions.


FLO'S LLC: Hires Restaurant Brokers as Valuation Expert
-------------------------------------------------------
Flo's, LLC, and its debtor-affiliates seek authority from the U.S.
Bankruptcy Court for the District of Arizona to employ The
Restaurant Brokers, as valuation expert to the Debtors.

As set forth in the Joint Notice of Mediation, the Debtors are
proceeding to mediation with Victor L. McMurry, secured creditor in
the Chapter 11 cases, to resolve certain contested issues between
them, including  valuation  issues.  The Debtors understand and
expect that Mr. McMurry has retained a valuation expert to prepare
a report in advance of with the mediation, and the Debtors require
the employment of an expert to prepare a comparable report in
connection with the same issues.

Flo's, LLC, requires The Restaurant Brokers to:

   a. analyze the value of the Debtors' restaurants;

   b. prepare a final, written expert report in connection with
      the Restaurants' values; and

   c. testify regarding the contents of the Report at a valuation
      hearing, if necessary.

The Restaurant Brokers will be paid as follows:

   a. for the services in connection with preparing the
      Report for a flat fee of $7,500.00 ("Flat Fee"). Payment of
      the Flat Fee shall be due as follows:

      i.   $3,750 upon entry of an Order approving the
           Application;

      ii.  $3,750 upon completion and delivery of the Report to
           the Debtors.

   b. For expert witness testimony, the firm will be paid at an
      hourly rate of $250-$350, and a minimum retainer of $3,000.

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

AJ Edelstein, partner of The Restaurant Brokers, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

The Restaurant Brokers can be reached at:

     AJ Edelstein
     THE RESTAURANT BROKERS
     621 S. 48th Street, Suite 101
     Tempe, AZ 85281
     Tel: (480) 491-0123
     Fax: (480) 820-4459

                         About Flo's, LLC

Flo's LLC, Flo's Second LLC and Flo's Restaurants Inc. sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz.
Lead Case No. 17-09181) on Aug. 8, 2017.  In its petition signed by
Manager Dustin W. Wallace, Flo's LLC estimated total assets of less
than $50,000 and liabilities of $1 million to $10 million.  Allen
Barnes & Jones, PLC, is the Debtors' bankruptcy counsel.

                          *    *    *

On Dec. 1, 2017, the Debtors filed a disclosure statement and
Chapter 11 plan of reorganization.


FRANCHISE SERVICES: Dismissal Order Okayed for Direct Appeal
------------------------------------------------------------
Judge Edward Ellington of the U.S. Bankruptcy Court for the
Southern District of Mississippi granted Franchise Services of
North America, Inc.'s motion for certification of a direct appeal
to the Court of Appeals for the Fifth Circuit of the bankruptcy
court's order granting Boketo's motion to dismiss the bankruptcy
case.

In its Motion, the Debtor sought this Court's certification of a
direct appeal to the U.S. Court of Appeals for the Fifth Circuit on
the bankruptcy court's Memorandum Opinion and Final Judgment.  The
Opinion was entered on Dec. 18, 2017.

In order for the Court to certify a direct appeal to the Fifth
Circuit, the Opinion must involve one of the following: (1) a
question of law on which there is no controlling decision by the
Fifth Circuit or the Supreme Court; or (2) it is a matter of public
importance; or (3) the issue is one where there are conflicting
decisions; or (4) an immediate appeal may materially advance the
progress of the case.  

In its Objection, Boketo states several times that there is
controlling law on the issue of blocking provisions or golden
shares, but Boketo fails to cite to any such opinion from a court
of appeals or the Supreme Court.  The Court finds that not only is
there no controlling decision by the Fifth Circuit or the Supreme
Court, but there is also no decision by any of the other courts of
appeal. Consequently, the Court finds that because there is no
controlling decision by the Fifth Circuit (or any other circuit
court) or the Supreme Court, a condition has been met under section
158(d)(2)(A) to require certification of a direct appeal to the
Fifth Circuit.

The next condition for determining whether a bankruptcy court will
make a certification pursuant is whether there are conflicting
decisions.  As the Court found in its Opinion, "[i]t is clear from
the seven cases which have addressed golden shares or blocking
provisions, either provision will be upheld as valid if it is held
by an equity holder.  If either provision is held by a creditor,
however, the provision will be void as a matter of public policy."
Consequently, the Court finds that there are not conflicting
decisions and that this condition is not present for requiring
certification of a direct appeal.

The Court finds that the final condition for certification of a
direct appeal is met.  In Price v. Gurney, the Supreme Court held
that a bankruptcy petition filed on behalf of a corporation may
only be filed by those who have authority to act for the
corporation under state law.  If the corporate authority to file
bankruptcy is lacking, the bankruptcy court does not acquire
jurisdiction, and the case must be dismissed. In its Opinion, the
Court dismissed the Debtor's bankruptcy case because the Court
found that the Debtor filed bankruptcy without the consent of
Boketo, and therefore, lacked corporate authority to file
bankruptcy.

The bankruptcy case was filed on June 26, 2017.  From the day the
petition was filed, the Debtor aggressively moved forward with its
bankruptcy case.  Up until the case was dismissed, the Debtor was
moving forward with an auction of substantially all of its assets.
If the Fifth Circuit finds that the Court incorrectly dismissed the
Debtor's bankruptcy case, the Debtor's case would be reinstated and
the Debtor could move forward with its auction.  Consequently, an
immediate appeal would certainly advance the progress of the
Debtor's bankruptcy case.

The Court has found that three of the four conditions are met.
Therefore, the Court is compelled to certify the matter for direct
appeal.

A copy of Judge Ellington's Decision Order dated Jan. 17, 2018, is
available at:

         http://bankrupt.com/misc/mssb17-02316-272.pdf

                    About Franchise Services

Franchise Services of North America Inc. --
http://www.fsna-inc.com/-- is a publicly traded company listed on
the TSX Venture Exchange.  The Company and its subsidiaries own
these brands: U-Save Car & Truck Rental, U-Save Car Sales, Auto
Rental Resource Center, Xpress Rent A Car, Sonoran National
Insurance Group and Peakstone Financial Services.

U-Save, together with its subsidiary ARRC, has over 650 locations
throughout the United States and is one of North America's largest
franchise car rental companies.  U-Save currently services 21
airport markets in 9 different states and 12 countries.  Although
primarily based in the United States, U-Save has 16 international
locations in Mexico, Greece, Central America and the Caribbean.

With more than 150 years of combined insurance experience, Sonoran
National Insurance Group is licensed in all 50 states and serves
customers in every part of the country.  Sonoran provides an entire
range of business and personal insurance solutions customized to
the needs of its clients.

Franchise Services of North America Inc., based in Ridgeland,
Miss., filed a Chapter 11 petition (Bankr. S.D. Miss. Case No.
17-02316) on June 26, 2017.  In the petition signed by CEO Thomas
P. McDonnell, III, the Debtor estimated $10 million to $50 million
in assets and $1 million to $10 million in liabilities.

The Hon. Edward Ellington presides over the case.

Stephen W. Rosenblatt, Esq., at Butler Snow LLP, serves as
bankruptcy counsel to the Debtor.  Equity Partners HG LLC, serves
as restructuring advisor to the Debtor.


FRONTIER COMMUNICATIONS: Bank Debt Trades at 3.50% Off
------------------------------------------------------
Participations in a syndicated loan under which Frontier
Communications Corp is a borrower traded in the secondary market at
96.50 cents-on-the-dollar during the week ended Friday, January 19,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 0.98 percentage points
from the previous week.  Frontier Communications Corp pays 375
basis points above LIBOR to borrow under the $1.500 billion
facility. The bank loan matures on June 15, 2024 and Moody's B2
rating and Standard & Poor's BB- rating.  The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
January 19.


GAMESTOP CORP: S&P Alters Outlook to Neg on Weak Credit Metrics
---------------------------------------------------------------
S&P Global Ratings revised its outlook on Grapevine, Texas-based
video game, consumer electronics, and wireless services retailer
GameStop Corp. to negative from stable. At the same time, S&P
affirmed all ratings, including the 'BB' corporate credit rating.

S&P said, "The outlook revision reflects what we consider setbacks
in management's strategy of diversifying its business away from its
core, but volatile video game segment. The company announced it
expects to record a large non-cash impairment charge in the $350
million to $400 million range primarily relating to its technology
brands business. GameStop reported mixed results for the latest
2017 nine-week holiday period with strong same-store sales growth
of about 12% for its retail segment, but about 19% decline in its
technology brands segment (represents about 10% of revenues and 20%
of gross profits). This segment faces challenges with a revised
AT&T commission structure for its mobile segment that weakens sales
prospects for new and existing phone releases. Prospectively, we
think further performance declines though the company's efforts to
modify its pricing strategy could temper the decline in profits.

"The negative outlook reflects our expectation that credit metrics
will likely be weak for the rating as potentially
lower-than-expected performance in the technology brands segment
may cause the company to underperform our expectations. Though we
recognize the company's efforts to balance its product mix and
expansion into the digital and mobile device segment, we believe
the soft trends could continue.

"We could lower the rating if we believe leverage will remain above
4x for a prolonged period. This could occur if performance in the
non-physical gaming business is softer than we anticipate, there is
a shift away from the company's core business toward digital before
the company has penetrated the digital market, or competitive
pressures heighten across its businesses and hurt credit metrics. A
downgrade could also occur if it pursues an aggressive financial
policy that results in large debt-financed shareholder
remunerations or acquisitions.

"We could revise our outlook to stable if debt to EBITDA improves
to the mid-3x area and if we are convinced the company's operating
initiatives, such as expansion of its technology brands and
collectibles segments, improves its overall business prospects.
This could come from better-than-expected sales and margin growth,
with EBITDA margins improving 100 bps. This could lead to less
dependence on the introduction of new video game products and an
improvement in its product mix shift to digital and mobile."


GENERAL NUTRITION: Bank Debt Trades at 18.92% Off
-------------------------------------------------
Participations in a syndicated loan under which General Nutrition
Centers is a borrower traded in the secondary market at 81.08
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.74 percentage points from the
previous week. General Nutrition Centers pays 250 basis points
above LIBOR to borrow under the $1.375 billion facility. The bank
loan matures on Mar. 4, 2019 and Moody's B3 rating and Standard &
Poor's CC rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended January 19.


GLOBAL KNOWLEDGE: Bank Debt Trades at 18.67% Off
------------------------------------------------
Participations in a syndicated loan under which Global Knowledge
Training LLC Corp is a borrower traded in the secondary market at
81.33 cents-on-the-dollar during the week ended Friday, January 19,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 2.15 percentage points
from the previous week. Global Knowledge Training LLC Corp pays 550
basis points above LIBOR to borrow under the $175 million facility.
The bank loan matures on January 30, 2021 and Moody's B2 rating and
Standard & Poor's CCC+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended January
19.


GNC CORP: Egan-Jones Lowers Sr. Unsecured Debt Ratings to CCC
-------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 3, 2018, downgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by GNC Corp. to CCC from B.  EJR also downgraded the foreign
currency and local currency commercial paper ratings on the Company
to C from B.

GNC Holdings Inc. is a Pittsburgh, Pennsylvania-based American
company selling health and nutrition related products, including
vitamins, supplements, minerals, herbs, sports nutrition, diet, and
energy products.


GOODWILL INDUSTRIES: Taps Piercy Bowler as Accountant, Auditor
--------------------------------------------------------------
Goodwill Industries of Southern Nevada Inc. seeks approval from the
U.S. Bankruptcy Court for the District of Nevada to hire Piercy
Bowler Taylor & Kern as its accountant and auditor.

The firm will professional services, which include (i) an audit of
the Debtor's financial statements as of December 31, 2017 and for
the year then ending; (ii) federal financial assistance audit as
required by 2 CFR Part 200; and (iii) tax preparation and related
advice.

The firm's hourly rates are:

     Principals            $275 - $450
     Managers              $175 - $235
     Senior Associates     $135 - $160
     Staff Associates      $110 - $125

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

The firm can be reached through:

     Ryan C. Whitman
     Piercy Bowler Taylor & Kern
     Certified Public Accountants & Business Advisors
     6100 Elton Ave., Suite 1000
     Las Vegas, Nevada 89107
     Phone: 702-384-1120
     Fax: 702-870-2474

                   About Goodwill Industries

Founded in 1975 and headquartered in North Las Vegas, Nevada,
Goodwill of Southern Nevada -- http://www.goodwill.vegas-- is a
registered 501(c)(3) nonprofit, accepts the communities' gifts in
the form of donated goods and sells those items to provide free job
training and placement services for unemployed locals.

In 2016, Goodwill of Southern Nevada served the job training needs
of 14,465 and directly placed 3,004 individuals into local jobs.
Goodwill also makes a significant impact on the environment through
recycling and reuse practices.  In 2016, there were 873,624
generous donors of goods who helped Goodwill divert over 26 million
pounds from its local landfills.

Goodwill Industries -- d/b/a Goodwill of Southern Nevada, Goodwill
Deja Blue  Boutique, Goodwill Store/Donation Center, Goodwill
Clearance Center, Goodwill Select, and Goodwill Donation Center --
filed for Chapter 11 bankruptcy protection (Bankr. D. Nev. Case No.
17-14398) on Aug. 11, 2017, estimating its assets and debts at
between $10 million and $50 million.  The petition was signed by
John Hederman, interim chief executive officer.

Judge Bruce T. Beeley presides over the case.

Zachariah Larson, Esq., at Larson & Zirzow, LLC, serves as the
Debtor's bankruptcy counsel.  The Debtor hired Kamer Zucker Abbott
as special counsel and Piercy Bowler Taylor & Kern Certified Public
Accountants & Business Advisors as accountant and auditor.  The
Debtor employed Real Estate Asset Management, LLC as real estate
broker.


GST AUTOLEATHER: Dickinson Wright, Womble Represent FCA, et al.
---------------------------------------------------------------
In the Chapter 11 case of GST AutoLeather, Inc., Dickinson Wright
PLLC and Womble Bond Dickinson (US) LLP, submitted a verified
statement pursuant to Rule 2019(a) of the Federal Rules of
Bankruptcy Procedure to disclose that they represent these
creditors:

   1. FCA US LLC
      1000 Chrysler Drive
      Auburn Hills, Michigan 48326-2766

   2. Adient US LLC
      49200 Halyard Drive
      Plymouth, Michigan 48170

   3. Irvin Automotive Products LLC
      2600 Centerpoint Parkway
      Pontiac, Michigan 48341

   4. Magna Seating of America, Inc.
      30020 Cabot Drive
      Novi, Michigan 48377

   5. Yanfeng USA Automotive Trim Systems Inc.
      41935 West 12 Mile Road
      Novi, Michigan 48377

   6. Yanfeng Mexico Interiors S. de R.L. de C.V.
      Av. Industria Metalúrgica No. 1030
      Ramos Arizpe, Coahuila, 25900 Mexico

   7. Yanfeng US Automotive Interior Systems I LLC
      41935 West 12 Mile Road
      Novi, Michigan 48377

FCA US LLC, and its applicable affiliates have claims against the
Debtors, including (without limitation) arising from its certain
purchase orders and/or supply contracts with certain of the
Debtors.

Adient US LLC, Magna Seating of America, Inc., Yanfeng USA
Automotive Trim Systems Inc., Yanfeng Mexico Interiors S. de R.L.
de C.V., and Yanfeng US Automotive Interior Systems I LLC have
claims against the Debtors, including (without limitation) arising
from purchase orders and supply contracts with certain Debtors,
which may include (without limitation) award letters and SSOWs.

Irvin Automotive Products LLC has claims against the Debtors,
including (without limitation) arising from purchase orders and
supply contracts with certain Debtors, which may include (without
limitation) certain purchase order amendments, requests for
quotation, blanket purchase orders, releases, and similar
documents.  The creditors are in the process of compiling the
information regarding their claims and the amounts thereof.

Each of Dickinson Wright and WBD's clients engaged the firms
independently of one another, in order for the firm to represent
each such client in the Debtors' cases and any related proceedings.
Each representation is a separate and distinct lawyer-client
relationship, with separately maintained work product and
attorney-client privileges with respect to each separate client
entity.

The clients have not formed an individual "Committee" as that term
is used in Bankruptcy Rule 2019.

Neither Dickinson Wright nor WBD hold any claim or interest with
respect to the Debtors' cases.

The attorneys can be reached at:

         James A. Plemmons, Esq.
         DICKINSON WRIGHT PLLC
         500 Woodward Avenue, Suite 4000
         Detroit, MI 48226
         Telephone: (313) 223-3500
         E-mail: jplemmons@dickinsonwright.com

              - and -

         M. Kimberly Stagg, Esq.
         DICKINSON WRIGHT PLLC
         424 Church Street, Suite 800
         Nashville, TN 37219
         Telephone: (615) 620-1732
         E-mail: kstagg@dickinsonwright.com

            - and -

         Matthew P. Ward, Esq.
         Morgan L. Patterson, Esq.
         WOMBLE BOND DICKINSON (US) LLP
         222 Delaware Avenue, Ste. 1501
         Wilmington, DE 19801
         Telephone: (302) 252-4320
         Facsimile: (302) 252-4330
         E-mail: matthew.ward@wbd-us.com
                 morgan.patterson@wbd-us.com

                     About GST Autoleather

Headquartered in Southfield, Michigan, GST AutoLeather, Inc., was
founded in 1933, then known as Garden State Tanning, initially
operated as a tanning company that processed leather for the
upholstery and garment industries.  The Company entered the
automotive industry in 1946.

As of Oct. 3, 2017, the Company employs 5,600 people worldwide,
including the United States, Mexico, Japan, China, Korea, Germany,
Hungary, South Africa, and Argentina.  The Company supplies leather
to virtually every major OEM in the automotive industry, including
Audi, BMW/Mini, Daimler, Fiat Chrysler, Ford, General Motors,
Hyundai, Honda, Porsche, PSA, Nissan, Kia, Toyota and Volkswagen.

GST AutoLeather, Inc., and five of its affiliates filed voluntary
petitions for relief under chapter 11 of the U.S. Bankruptcy Code
(Bankr. D. Del. Lead Case No. 17-12100) on Oct. 3, 2017.

The Hon. Laurie Selber Silverstein is the case judge.

The Debtors tapped Kirkland & Ellis LLP as general bankruptcy
counsel; Pachulski Stang Ziehl & Jones LLP as local bankruptcy
counsel; Lazard Middle Market, LLC as financial advisor; Alvarez &
Marsal North America, LLC as restructuring advisor; and Epiq
Bankruptcy Solutions, LLC as claims and noticing agent, Ernst &
Young LLP, as tax advisors. Deloitte & Touche LLP, as independent
auditor.

On Oct. 13, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee is
represented by Christopher M. Samis, L. Katherine Good, Aaron H.
Stulman, Christopher A. Jones and David W. Gaffey of Whiteford
Taylor & Preston LLP and Erika L. Morabito, Brittany J. Nelson,
John A. Simon, Richard J. Bernard and Leah Eisenberg of Foley &
Lardner LLP.

Royal Bank of Canada is represented by Andrew V. Tenzer of Paul
Hastings LLP.


HEALOGICS: Bank Debt Trades at 13.17% Off
-----------------------------------------
Participations in a syndicated loan under which Healogics [ex-
National Healing Corp] is a borrower traded in the secondary market
at 86.83 cents-on-the-dollar during the week ended Friday, January
19, 2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 2.16 percentage points
from the previous week.  Healogics [ex- National Healing Corp] pays
425 basis points above LIBOR to borrow under the $420 million
facility. The bank loan matures on July 1, 2021 and carries Moody's
B3 rating and Standard & Poor's B- rating.  The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
January 19.




HIGHVEST CORP: Seeks Authorization to Use Cash Collateral
---------------------------------------------------------
Highvest Corp. seeks authorization from the U.S. Bankruptcy Court
for the Southern District of Florida to use cash collateral for
payment of reasonable, necessary costs and expenses of preserving
the estate.

The Debtor has an immediate need to use cash collateral, in order
to permit, among other things, the orderly continuation of the
operation of the Debtor's business.  As such, the Debtor asserts
that use of cash collateral is necessary to prevent the immediate
and irreparable harm to the Debtor and its estate.

The main parcel of real property owned by the Debtor is occupied by
Camper Corral, Inc., a business engaged in the sale and rental of
recreational vehicles. The tenant is wholly owned by the same
individual who owns the Debtor.

The Debtor is entitled to the following revenue each month: (a)
$14,489 from Camper Corral, Inc., (b) $600 for the rental of a
Condominium, (c) $500 for the rental of a small home on one of the
owned parcels.  An electronic billboard on one of the properties
generates "like kind" results that accrue to Camper Corral, Inc. as
part of the arrangement for occupancy of the land between Camper
Corral and the Debtor.

The Debtor is authorized to operate its business using property of
the estate in the ordinary course of business but is restricted
from utilizing cash collateral without the consent of secured
creditor Wauchula State Bank and court authorization.  As such, the
Debtor seeks for authority to utilize cash collateral without
waiving its rights to challenge the validity, priority and extent
of any lien held by Wauchula State Bank.

The Debtor is in default on a note payable to Wauchula State Bank
and secured by a Mortgage and other security agreements.  Under
that arrangement, the Creditor will be making a claim of upwards of
$1.7 million against the Debtor and their right to repossess the
properties held by the Debtor.  Wauchula State Bank maintains a
blanket security interest across the Debtor.  The Debtor believes
that this blanket security interest extends to the accounts and all
receivables held by the Debtor.

The Debtor proposes payments of $13,442 per month sourced from
ongoing operations as adequate protection for Wauchula State Bank,
an amount approximately equivalent to the monthly amount paid by
the Debtor prior to default.

The Debtor also proposes payment of $350 a month to Von T. Ruddle,
a creditor who holds a mortgage and security interest in property
not covered by Creditor Wauchula State Bank's security interest.
The total obligation owed to Von T. Ruddle is $42,000.

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

             http://bankrupt.com/misc/flsb17-24166-25.pdf

                        About Highvest Corp.

Based in Sebring, Florida, Highvest Corp. was founded in 2009 and
is engaged in the wholesale distribution of distilled spirits,
including neutral spirits and ethyl alcohol used in blended wines
and distilled liquors.

Highvest Corp. filed a Chapter 11 petition (Bankr. S.D. Fla. Case
No. 17-24166), on November 28, 2017.  In its petition signed by
Anthony R. Cozier, president, the Debtor estimated $0 to $50,000 in
assets and $1 million to $10 million in liabilities.  The case is
assigned to Judge Paul G. Hyman, Jr.  The Debtor is represented by
Angelo A. Gasparri, Esq. of the Law Office of Angelo A Gasparri.


HUNTSMAN CORP: Egan-Jones Hikes Sr. Unsecured Debt Ratings to BB+
-----------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 9, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Huntsman Corp to BB+ from BB.

Huntsman Corporation is an American multinational manufacturer and
marketer of chemical products for consumers and industrial
customers.


INGRAM MICRO: Protective Provisions Support Moody's Ba1 CFR
-----------------------------------------------------------
Moody's Investors Service said it received numerous inquiries from
investors regarding press reports which reference adverse financial
pressure on HNA Group ("HNA"), a parent entity of Tianjin Tianhai
Investment Company, Ltd. ("TTIC") which acquired Ingram Micro Inc.
at the end of 2016 in a $6 billion transaction.

As noted when Moody's downgraded Ingram's Corporate Family Rating
("CFR") to Ba1 in connection with the acquisition, more than $4
billion of acquisition debt was placed at a holding company several
layers above Ingram Micro, with no recourse to the rated entity.
The corporate structure as well as the protections included in
Ingram Micro's amended indentures and credit agreement continue to
support the company's Ba1 CFR. Key provisions included in the debt
agreements are:

* Ingram Micro cannot upstream dividends of more than 50% of
adjusted net income. If adjusted debt to EBITDA is more than 2.0x,
then dividends are limited to the lower of 50% of adjusted net
income or $150 million.

* Ingram Micro is not allowed to make any direct or indirect
investment (equity or cash) in HNA, so no cash can move outside of
the company to support HNA.

* Any loan received from HNA is subordinated to debt (including
bonds and revolver) and trade payables to protect bondholders and
lenders.

* Any transaction with HNA needs to be at arm's length.

* HNA is prohibited from pledging its Ingram shares to HNA's
lenders, and any HNA default under its loans cannot trigger a
cross-default by Ingram Micro.

* The company's senior notes due 2022 and 2024 require 100% vote to
amend key protective provision in the indenture. Early redemption
of these notes is not likely given the large pre-payment penalties
that would be required. The revolver agreement matures January 2020
and needs majority approval to amend key protective provisions.

Additionally, pursuant to an agreement with the Committee on
Foreign Investment in the U.S. ("CFIUS"), Ingram Micro must be
operated as a stand-alone company, and is subject to annual audits
of its compliance with certain operating and security agreements.
Governance is acceptable with four of the seven board members of
Ingram Micro being independent. Furthermore, the composition of the
board of directors and the qualifications to serve on the board are
governed by an agreement with CFIUS/U.S. Department of Defense, and
CFIUS retains discretion to object to the appointment of any Board
Member.

For the first nine months of 2017, operating performance of Ingram
Micro was solid, though cash flow was negatively impacted by strong
revenue growth, more accommodating credit terms, and an inventory
build-up with certain new customers. The company achieved good
revenue growth, and liquidity is expected to remain at least good,
with unrestricted cash balances of at least $400 million plus its
$1.11 billion unsecured revolving credit facility. Ingram Micro can
also borrow up to $1,175 million under its various multi-year
revolving A/R backed financing facilities (includes the October
2017 extension and increase in its U.S. ABS program). These working
capital facilities were utilized to help fund the recent inventory
buildup for consumer and mobility products as well as more
accommodating credit terms with certain new customers, resulting in
a spike of adjusted debt to EBITDA to the high 2x level as of
September 30, 2017. While free cash flow was negative $877 million
for the trailing 12 months, Moody's expect annual free cash flow of
over $300 million over the next year as the inventory is sold over
the next several quarters. Management notes that it executed a
similar turnaround in working capital funding when it previously
targeted growth in market share. Moody's expect Debt to EBITDA to
decline to under 2x in 2018 driven by debt repayments and moderate
EBITDA growth.

Moody's will continue to monitor Ingram Micro's operating
performance, adherence to its debt agreements and financial
guidance, as well as the potential for pressure on its financial
policies as a result of its ownership structure.

Ingram Micro is the largest global information technology (IT)
wholesale distributor (by revenue) providing sales, marketing, and
supply chain solutions. The company offers various IT products,
including peripherals, systems, networking, software, logistics,
data capture, point-of-sale, and high-end home technology products,
mostly focused on the small and medium size business market.
Tianjin Tianhai, a subsidiary of HNA Group (less than 100% owned),
acquired Ingram Micro in December 2016.


INTERNATIONAL SHOPPES: Hires Goldstein as Special Counsel
---------------------------------------------------------
International Shoppes, LLC, seeks authority from the U.S.
Bankruptcy Court for the Middle District of Florida to employ Scott
V. Goldstein, as special counsel to the Debtor.

International Shoppes requires Goldstein to:

   a. prosecute or settle the pending actions in the Circuit
      Court, in and for Orange County, Florida, titled BOI Brazil
      Churrascaria, LLC, et al, Case No. 2017-CA-007182-), Casual
      Male Retail Stores, LLC, et al., Case No. 2017-CA-005316-O,
      Luxury Nightlife, Inc., et a., Case No. 2017-CA-005642, and
      Pro Cycle, Inc., et al., Case No. 2017-CA-006474-O;

   b. initiate legal action to enforce obligations of other
      tenants and guarantors following lease default.

Goldstein will be paid a flat fee of $500 per month.  Goldstein
will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Scott V. Goldstein, Esq., 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.

Goldstein can be reached at:

     Scott V. Goldstein, Esq.

              About International Shoppes, LLC

Based in Windmere, Florida, International Shoppes, LLC, owns and
operates a shopping center located at 5600-5752 International
Drive, Orlando, FL 32819. The shopping center is across from the
Universal Studios theme park. The company was incorporated in
2006.

International Shoppes filed a Chapter 11 petition on December 4,
2017 (Bankr. M.D. Fla. Case No. 17-07549). The petition was signed
by Abdul Mathin, chief restructuring officer. David R. McFarlin,
Esq. at Fisher Rushmer, P.A. represents the Debtor as counsel.

At the time of filing, the Debtor estimated $1 million to $10
million in assets and $10 million to $50 million in liabilities.

International Shoppes first sought bankruptcy protection on Oct.
21, 2010 (Bankr. M.D. Fla. Case No. 10-18809).



J+T LLC: Taps BransonLaw as Legal Counsel
-----------------------------------------
J+T, LLC seeks approval from the U.S. Bankruptcy Court for the
Middle District of Florida to hire BransonLaw, PLLC, as its legal
counsel.

The firm will assist the Debtor in the formulation of a plan of
reorganization and will provide other legal services related to its
Chapter 11 case.

BransonLaw's hourly rates range from $100 to $350.  The firm
received an advance fee of $4,500 for post-petition services and
expenses from third parties prior to the petition date.  The Debtor
has agreed to pay a retainer post-petition in the sum of $5,500.

Prior to the commencement of representation in this case, paid an
advance fee of $4,500.00 for post-petition services and expenses in
connection with this case.

Jeffrey Ainsworth, Esq., at BransonLaw, disclosed in a court filing
that his firm does not represent any creditor or person who is
adverse or potentially adverse to the Debtor and its estate.

The firm can be reached through:

     Jeffrey S. Ainsworth, Esq.
     BransonLaw, PLLC
     1501 E. Concord Street
     Orlando, FL 32803
     Tel: (407) 894-6834
     Fax: (407) 894-8559
     Email: jeff@bransonlaw.com

                          About J+T LLC

J+T, LLC sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. M.D. Fla. Case No. 17-07685) on Dec. 10, 2017.  At the time
of the filing, the Debtor estimated assets and liabilities of less
than $500,000.  Judge Cynthia C. Jackson presides over the case.


JC PENNEY: Bank Debt Trades at 4.08% Off
----------------------------------------
Participations in a syndicated loan under which JC Penney Corp is a
borrower traded in the secondary market at 95.92
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.99 percentage points from the
previous week. JC Penney Corp pays 425 basis points above LIBOR to
borrow under the $1.688 billion facility. The bank loan matures on
June 23, 2023 and Moody's Ba2 rating and Standard & Poor's BB-
rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended January 19.


JO-ANN STORES: Bank Debt Trades at 2.75% Off
--------------------------------------------
Participations in a syndicated loan under which Jo-Ann Stores is a
borrower traded in the secondary market at 97.25
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.78 percentage points from the
previous week. Jo-Ann Stores pays 500 basis points above LIBOR to
borrow under the $725 million facility. The bank loan matures on
Sept. 29, 2023 and Moody's B1 rating and Standard & Poor's B
rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended January 19.




KAIROS LLC: Smith Debnam Represents Ascentium, First South
----------------------------------------------------------
Smith Debnam Narron Drake Saintsing & Myers, L.L.P., filed a
verified statement under F.R.B.P. Rule 2019 to disclose that it
serves as attorneys for certain creditors of Kairos, LLC.

Smith Debnam is counsel to these creditors:

1. Name: Ascentium Capital LLC
    Address: 23970 Highway 50 North, Kingwood, TX 77339
    Nature of Claim: Provision of financing for certain point-
                     of-sale equipment to the Debtor for which
                     Ascentium Capital LLC has not been paid.

    Principal Amount of Claim:

      * Equipment Finance Agreement 2200311     $12,958
      * Equipment Finance Agreement 2202230      $9,875
      * Equipment Finance Agreement 2202350     $11,219
      * Equipment Finance Agreement 2202351      $9,391
      * Equipment Finance Agreement 2202352      $7,365
      * Equipment Finance Agreement 2270463      $8,120
                                                -------
                                                $58,927

2. Name: First South Bank
    Address: 220 Creekside Drive, Washington, NC 27889
    Nature of Claim: Loan of certain monies pursuant to a
                     Promissory Note and Commercial Security
                     Agreement which provided First SouthBank with

                     a security interest in all of the Debtor's
                     assets, including its present and future
                     inventory and other goods held for resale,
                     its present and future accounts and all
                     proceeds.

    Principal Amount of Claim: $1,087,280,with interest and
                               attorney's fees continuing to
                               accrue.

The firm was retained by Ascentium to represent its interest in the
case related to the provision of financing for the purchase of
certain point-of-sale equipment by the Debtor for which Ascentium
Capital has not been paid.

The firm was retained by First South Bank to represent its interest
in this case related to the Loan of certain monies pursuant to a
Promissory Note and Commercial Security Agreement which provided
First South Bank with a security interest in all of the Debtor's
assets, including its present and future
inventory and other goods held for resale, its present and future
accounts, and all proceeds, for which First South Bank has not been
paid.

The firm can be reached at:

         Byron L. Saintsing, Esq.
         SMITH DEBNAM NARRON DRAKER SAINTSING & MYERS, LLP
         P.O. Box 26268
         Raleigh, NC 27611-6268
         Telephone: (919) 250-2000
         E-mail: bsAintsine@smithdebnamlaw.com

                        About Kairos, LLC

Kairos, LLC, is a privately held limited liability company that
owns Mexican restaurants doing business as Chubby's Tacos and
Guacamaya Fresh Mex.

Kairos, LLC, filed a Chapter 11 petition (Bankr. E.D.N.C. Case No.
17-04455) on Sept. 11, 2017.  The petition signed by member-manager
Joseph M. Lytton disclosed total assets of $189,521 and total
liabilities of $2.29 million.  The Hon. Stephani W. Humrickhouse is
the case judge.  J.M. COOK, P.A., is the Debtor's counsel.


LEGACY RESERVES: Moody's Revises PDR to Caa2-PD/LD
--------------------------------------------------
Moody's Investors Service changed Legacy Reserves LP's Probability
of Default Rating (PDR) to Caa2-PD/LD from Caa2-PD. Moody's
affirmed Legacy's Corporate Family Rating (CFR) at Caa2 and its
senior unsecured notes rating at Caa3. At the same time, Moody's
lowered Legacy's Speculative Grade Liquidity Rating to SGL-4 from
SGL-3 and changed the rating outlook to negative from stable.

Legacy announced on January 5 that the company had purchased
approximately $187 million in principal amount of its 6.625% senior
unsecured notes due 2021 for approximately $131 million, at an
average discount of 30% of par. The appending of the PDR with an
"/LD" designation indicates limited default. Moody's views the debt
purchase as a distressed exchange, which is an event of default
under Moody's definitions. Moody's will remove the "/LD"
designation after three business days.

"While Legacy's senior notes purchase modestly reduced total debt,
the company's interest expense increased as it funded the purchase
with higher interest rate second lien debt. Legacy now also has
more secured debt in its capital structure and its liquidity has
deteriorated," said Moody's Vice President Amol Joshi.

RATING ACTIONS:

Issuer: Legacy Reserves LP

Ratings affirmed:

Corporate Family Rating, Affirmed at Caa2

Probability of Default Rating, Affirmed at Caa2-PD/LD (LD
appended)

Senior Unsecured Notes, Affirmed at Caa3 (LGD5)

Ratings downgraded:

Speculative Grade Liquidity Rating, Downgraded to SGL-4 from SGL-3

Outlook Actions:

Outlook, Changed to Negative from Stable

RATINGS RATIONALE

Legacy's Caa2 CFR reflects the company's high leverage, weak
liquidity and significant debt refinancing risk. The rating is
supported by Legacy's long-lived, shallow decline, predominantly
proved developed reserve base. While Legacy is significantly
ramping up its activities in the Permian Basin leading to oil
production growth, its production in other areas continues to
decline due to lack of capital spending. Legacy has suspended its
unit distributions and cumulatively repurchased or exchanged
approximately $371 million of its senior notes since 2015, but the
company's debt balances are high and now have a significant amount
of secured debt in the capital structure. At the same time,
Legacy's default risk continues to remain high due to deteriorated
liquidity and significant debt maturities beginning in 2019.

Legacy's SGL-4 Speculative Grade Liquidity Rating reflects weak
liquidity through mid-2019, with limited revolver availability and
significant refinancing risk due to maturities beginning in 2019.
Moody's expects Legacy's debt balances to remain at high levels
even though the company strives to spend within cash flow and is
not anticipated to make any unit distributions through mid-2019.
Legacy has a senior secured revolving credit facility due April
2019 with a $575 million borrowing base, of which $485 million was
drawn as of September 30, 2017. While the borrowing base was
reduced by $25 million in October 2017, the revolver is subject to
another semi-annual redetermination in April 2018. The current
revolver financial covenants include a maximum first lien
debt/EBITDA ratio of 2.5x, a maximum secured debt/EBITDA ratio of
4.5x beginning with the fiscal quarter ending on December 31, 2018,
a minimum EBITDA/interest expense ratio of 2x, a minimum asset
coverage ratio of 1x and a minimum current ratio of 1x. Legacy was
in compliance with its financial covenants as of September 30,
2017.

Legacy also has approximately $339 million drawn under a $400
million 12% second lien term loan facility with a springing
maturity in August 2020 (unrated). This facility allows about $61
million of incremental borrowings available through October 2019.
In addition, Legacy's long-term debt consists of $233 million 8%
senior notes due December 2020 and approximately $246 million
6.625% senior notes due December 2021. Alternate sources of
liquidity are limited as Legacy's assets are pledged as collateral
to the secured debt, while upcoming maturities indicate significant
refinancing risk.

Legacy's senior unsecured notes are rated Caa3, one notch below the
Caa2 CFR under Moody's Loss Given Default Methodology. The notching
reflects the priority claim of the senior secured revolving credit
facility and the second lien term loan to Legacy's assets.

The rating outlook is negative, reflecting Legacy's weak liquidity
and debt refinancing risk. The outlook could be changed to stable
if liquidity improves.

The ratings could be downgraded if Legacy pursues a debt
restructuring or its liquidity further deteriorates. The ratings
could be upgraded if retained cash flow to debt exceeds 10% and
leveraged full cycle ratio exceeds 1x on a sustained basis, while
maintaining adequate liquidity.

The principal methodology used in these ratings was Independent
Exploration and Production Industry published in May 2017.

Legacy, headquartered in Midland, Texas, is a publicly traded
exploration and production master limited partnership with
producing properties located in the Permian Basin, East Texas,
Rocky Mountains, and Mid-Continent. Legacy is controlled by its
general partner (GP) Legacy Reserves GP, LLC (unrated). The GP is
owned by Legacy's founding investors, directors and management,
which collectively own about 15% of Legacy's limited partner units.


LEVEL III TRADING: Successor Litigation Trustee, Extension Sought
-----------------------------------------------------------------
Patrick C. Cotter, Trustee of the Litigation Trust, submitted a
motion asking the U.S. Bankruptcy Court for the Eastern District of
Louisiana to extend the Litigation Trust and to appoint a Successor
Litigation Trustee.

The present Trustee has resigned from his position, effective Feb.
8, 2018. Therefore, the Litigation Trust requires a new trustee to
be appointed, pursuant to the confirmed Chapter 11 Plan and the
Litigation Trust Agreement.  Furthermore, the Trustee seeks an
order extending the term of the Litigation Trust to such time as
all claims are adjudicated in Cotter v. Gwyn et al, District of
Louisiana, 15-cv-4823.  

According to the Trustee, the appointment of a successor trustee
and the extension of the term will aid in the consummation of the
confirmed plan and are consistent with the purpose and intent of
the confirmed plan.

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

         http://bankrupt.com/misc/laeb13-12120-323.pdf

                    About Level III Trading

Level III Trading Partners, L.P.'s bankruptcy proceedings began
with the filing of an involuntary Chapter 7 petition against the
Company (Bankr. E.D. La. Case No. 2:13-bk-12120) on Aug. 2, 2013,
by petitioning creditor Kenneth Alexander McAshan, Charlotte
Collins Meade, and Samantha Simms McAshan.  The Petitioning
Creditors were represented by:

     Adam G Young, Esq.
     315 S. College, Suite 163
     Lafayette, LA 70503
     Tel: (337) 261-8800
     Fax: (337) 234-3133
     E-mail: Adam@AdamYoungLaw.com

The case was later converted to Chapter 11 and Patrick Cotter was
appointed as Chapter 11 trustee.  He has retained his own firm,
Young, Cotter & Meade, LLC, for legal advice.


LIFE SETTLEMENTS: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Life Settlements Absolute
Return I, LLC and Senior LS Holdings, LLC, as of Jan. 23, 2018,
according to a court docket.

                About Life Settlements Absolute Return

Life Settlements Absolute Return I, LLC and Senior LS Holdings, LLC
are privately held companies that purchase life insurance policies
from policy holders.  Their principal assets are located at 6th and
Marquette Minneapolis, MN 55479. The Attilanus Fund I, L.P. owns
100% equity interest in Life Settlements Absolute.

Affiliates, Life Settlements Absolute Return I, LLC and Senior LS
Holdings, LLC filed separate Chapter 11 petitions (Court + Case
Nos. 17-13030 and 17-13031, respectively) on Dec. 29, 2017.  Robert
J. Davey, III, secretary/treasurer, signed the petitions.  

At the time of filing, Life Settlements estimated $10 million to
$50 million in assets and $100 million $500 million in liabilities;
and Senior LS estimated $10 million to $50 million in assets and
under $50,000 in liabilities.

The cases are assigned to Judge Mary F. Walrath.

Bayard, P.A., serves as the Debtors' local counsel; Nelson Mullins
Riley & Scarborough LLP, is general bankruptcy counsel; and Elliott
Davis, LLC, is the accountant.


LIONBRIDGE TECHNOLOGIES: S&P Alters Outlook to Neg & Affirms CCR
----------------------------------------------------------------
S&P Global Ratings revised its rating outlook on Waltham,
Mass.-based Lionbridge Technologies Inc. to negative from stable
and affirmed its 'B' corporate credit rating on the company.

S&P said, "At the same time, we affirmed our 'B' issue-level rating
on the company's first-lien term loan and revolving facility. The
'3' recovery rating remains unchanged, indicating our expectation
for meaningful recovery (50%-70%; rounded estimate: 55%) of
principal in the event of a payment default.

"We also affirmed the 'CCC+' issue-level rating on the company's
second-lien term loan. The '6' recovery rating remains unchanged,
indicating our expectation for negligible recovery (0%-10%; rounded
estimate: 5%) of principal in the event of a payment default.

The outlook revision reflects Lionbridge's weaker-than-expected
operating performance in 2017. EBITDA margin improvements did not
materialize as previously forecasted despite restructuring expenses
incurred, which led to tightening cash flow metrics including
discretionary cash flow generation. The company's exposure to
foreign currency also compounded the margin deterioration in 2017
as the U.S. dollar weakened against most global currencies, in
particular the euro, which makes up over 25% of Lionbridge's global
operations. The outlook revision also reflects the continued risk
that if operating trends do not improve significantly over the next
12 months, discretionary cash flow (DCF) to debt could remain below
5%.

S&P said, "The negative outlook reflects our view that there
continue to be operational risks associated with the company's
margin improvement plans and tightening cash flow metrics.

"We could lower the rating if we expect the company's DCF to debt
to remain below 5%. This could occur if the company underperforms
our base-case assumptions with regard to revenue growth and EBITDA
margin improvements such that cash flow generation does not
improve.

"We could revise the outlook to stable if the business trends
improve, reducing operational risks to cash flows such that we see
a clear path to DCF to debt growing to and staying above 5%. This
could occur if the company continues to win new business driving
revenue, and successfully executing its cost reduction strategy to
improve EBITDA margins."


LOCKWOOD INTERNATIONAL: Case Summary & 20 Top Unsecured Creditors
-----------------------------------------------------------------
Affiliates that filed voluntary petitions seeking relief under the
provisions of Chapter 11 of the Bankruptcy Code on Jan. 24, 2018:

     Debtor                                       Case No.
     ------                                       --------
     Lockwood International, Inc.                 18-30268
     10002 Windfern Road, Bldg. B
     Houston, TX 77064

     Lockwood Enterprises, Inc.                   18-30269
     LMG Manufacturing, Inc.                      18-30270
     7807 Eagle Lane, LLC                         18-30271

Pending bankruptcy cases filed by affiliates on Jan. 18, 2018:

     Debtor                                       Case No.
     ------                                       --------
     LH Aviation, LLC                             18-30198
     Lockwood Holdings, Inc.                      18-30197
     Piping Components, Inc.                      18-30199

Type of Business: Headquartered in Houston, Texas, Lockwood
                  International, Inc. --
                  https://www.lockwoodint.com -- offers pipe,
                  valves, fittings, and flanges (PVF) and
                  engineered products (liquid handling and
                  transfer, liquid measurement, and access and
                  safety equipment).  The company was founded by
                  Frank Lockwood in 1987 and has locations in
                  the United States, Canada, Europe, Asia and
                  Australia.

Chapter 11 Petition Date: January 24, 2018

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

Judge: Hon. David R Jones

Debtor's Counsel: Jason S Brookner, Esq.
                  GRAY REED & MCGRAW LLP
                  1300 Post Oak Blvd., Suite 2000
                  Houston, TX 77056
                  Tel: (713) 986-7000
                  Fax: (713) 986-7100
                  Email: jbrookner@grayreed.com

                     - and -

                  Lydia R. Webb, Esq.
                  GRAY REED & MCGRAW LLP
                  1601 Elm Street, Suite 4600
                  Dallas, Texas 75201
                  Tel: (214) 954-4135
                  Fax: (214) 953-1332
                  Email: lwebb@grayreed.com

Debtors'
Special
Litigation
Counsel:          SPAGNOLETTI & CO.

Estimated Assets: $50 million to $100 million

Estimated Liabilities: $100 million to $500 million

The petition was signed by Michael F. Lockwood, chief executive
officer.

A full-text copy of Lockwood International's petition is available
for free at http://bankrupt.com/misc/txsb18-30268.pdf

A. List of Lockwood International, Inc.'s 20 Largest Unsecured
Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Jingsu YDF Valve Co Ltd               Material         $3,942,519
Shangzhuang Town
Fredericksburg, VA
22402-3000
Tel: 86-21-60837322

O.M.B. - Italy                        Material         $3,658,440
Via Europa
24069 Cenate Sottto
Bergamo, Italy
Tel: 39 0354256711

PK Valve                              Material         $2,620,962
192-1
Shinchon-Dong
Changtown-City, KN
Tel: 825-526-83744

TIV Valves SRL                        Material         $1,971,735
Via Provinciale Saronnese
58 20027 Rescaldina MI
Italy
Tel: 390-331579931
Email: info@tiv-valves.com

Ilshin Forged                         Material         $1,101,757
Steel Valve Co.
1 NA 703, Shiwha
Indl Comples 1244-2
Chongwang-Dong
Tel: 82-314338177
Email: info@tiv-Valves Material.com

Flowserve - Raleigh                   Material         $1,060,264
1900 S. Saunders, Street
Raleigh, NC 27603
Tel: 800-225-6989

TWC - The Valve Company               Material         $1,051,659
P.O. Box 95455
Grapevine, TX
76099-0752
Tel: 281-566-1200

Poyam Valves Poligono Poyam           Material         $1,008,125
IDIAZABAL GIPUZKOA
E-20213
Spain
Tel: 34 943 188000

Pusan Pipe America Inc.               Material           $935,740
2100 Main Street, Suite 100
Irvine, CA 92614
Tel: 949-655-8000

Truflo Rona SRL                       Material           $919,556
Via Stendahal, 65
Delaplane, VA 20144
Tel: 39 0523 766111

TIV Valves SRL                        Material           $615,974
Via Provinciale
Saronnese, 58 20027
Rescaldina, Italy
Tel: 39 0331 579931

Valvosider
Via San Rocco, 2                    Material             $607,603
13011
Borgosesia VC, Italy
Tel: 39 016322991

USI Southwest                      Business              $605,938
840 Gessner                       Insurance
Suite 600
Houston, TX 77024
Tel: 713-490-4600

Truflo Rona SRL                     Material             $598,971
Via Grilli 2/A San
Nicolo A Rewvvia
Bishopville, SC
29010
Tel: 39 0523 766111

Allied Fitting LP                   Material             $587,674
7200 Mykawa Road
Houston, TX 77033
Tel: 713-799-1100

LVF Valve Solutions                 Material             $429,648
Via G Mazzine 6
Partita IVA
03076750169
Blacksburg, VA 24060
Mr. Claudio Piccinini
Tel: 39 035 4255211

J.D. Fields & Company Inc.          Material             $420,602
55 Waugh Dr., #1250
Houston, TX 77007
Tel: 281-558-7199

Orton Italiana SRL                  Material             $395,732
Via Dei Bazachl 50
Piacenza
Emilia-Romagna, SC
29100
Tel: 39 040 813204

COR-PRO System Operating, Ltd.      Material             $371,022
10555 West Little York
Houston, TX 77041
Accounts Receivable
Tel: 281-598-9900

Associated Valve                    Material             $367,421
703-19th Ave
Nisku AB T9E 7V9
Tel: 780-979-0505

B. List of LMG Manufacturing's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Tri-State Supply Co.              Material Supplies       $59,947
Email: tjroucka@tri-states
upply.com

Toyotalift of Houston             Equipment Rental        $45,755
misty.hague@doggETT.com              and Repair

The Nut Place                     Material Supplies       $23,753
Email: Tim@thenutplace.com

UFP Southwest, LLC                Material Supplies       $12,663
Email: tferguson@ufpi.com

Schultz Machine Repair            Equipment Repair        $11,993

PC Progetti                           Material            $10,361
Email: Paolo.clerici@pcprogetti.it

STG - Superior                        Shipping             $9,775
Transport Group
Email: rick.ugron@superi
orstg.com

AAA Flame Cut Steel, Inc.           Material Supplies      $9,086
Email: sandra@aaaflamecutsteel.com

Associated Welding                  Material Supplies      $8,191
Supply, Inc.
Email: kevin.aws@gmail.c
om/rsegovia.aws@gmail.com

Mistras Group, Inc.                 Material Supplies      $7,350
Email: donna.harmon@mistrasgroup.com

UV Logistics LLC                        Shipping           $7,325
Email: Lisa.Trahan@uvlogistics.com

Crystal Clean, Inc.                     Cleaning           $6,711
Email: adam.weaver@crystal-clean.com

Tyco Integrated Security LLC     Building Alarm             $6,349
Email: carywoods@tyco.com

Texas Iron and Metal             Material Supplies          $5,891
Email: tcampbell@texasironandmetal.com

Hargrave Electric                Material Supplies          $5,647
Email: jimmy@hargraveel
ectric.com/shanna
n@hargraveelectric.com

J5 Express Inc.                      Shipping               $5,575

Torque Tools Inc                   Tool Supply              $5,425
Email: bobby@torquetoolstexas.com

Diamond Gear                       Tool Supply              $4,816
Email: dresendiz@diamon
d-gear.com/Dshaw@diamond-gear.com

Fastenal                          Material Supplies         $4,418
Email: txspr@stores.faste
nal.com/intldirects
hip@fastenal.com

Holimex Co., LTD                  Material Supplies         $4,160

C. List of 7807 Eagle Lane's Eight Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Klein ISD                              Taxes                $6,412

H.A. & Brenda Cooper                   Rent                 $5,147

Harris County                          Taxes                $3,728

Brilliant Energy                      Utility                 $555

Northwest Airport Management                                  $512

Arborlite                                                     $508
Email: tom@arborlite.net

Hudson Energy                         Utility                 $236

AT&T                                  Utility                  $52


LUCID ENERGY: Moody's Assigns B2 CFR; Outlook Positive
------------------------------------------------------
Moody's Investors Service assigned first time ratings to Lucid
Energy Group II Borrower, LLC (Lucid), including a B2 Corporate
Family Rating (CFR), a B2-PD Probability of Default Rating (PDR),
and a B2 senior secured term loan rating. The outlook is positive.

Proceeds from the $900 million term loan, combined with equity
contributions from the sponsors, will be used to fund the
acquisition of Lucid expected to close in the first quarter of
2018.

"Lucid Energy's ratings reflect the company's initial small scale
and its high leverage, which, to decline to a sustainable range, is
dependent on a rapid increase in associated gas volumes in Eddy &
Lea counties in New Mexico. The ratings benefit from the location
of the company's assets in the northern Delaware Basin and the
basin's expected growth in crude oil, and therefore associated gas,
volumes," commented Arvinder Saluja, Moody's Senior Analyst. "The
positive outlook reflects producer drilling activity in the acreage
dedicated to Lucid and the expected improvement in leverage metrics
should that level of activity continue."

Assigned:

-- Issuer: Lucid Energy Group II Borrower, LLC

-- Corporate Family Rating, B2

-- Probability of Default Rating, B2-PD

-- Senior Secured Term Loan, B2 (LGD4)

Outlook, Positive

RATINGS RATIONALE

Lucid's B2 CFR reflects its very high initial financial leverage,
and the company's significant reliance on a steep increase in
associated gas volumes through 2018 and 2019 to accomplish the
planned reduction in leverage. The ratings are also tempered by the
company's small scale, high geographic concentration with primary
dependence on increased drilling activity in Eddy and Lea counties
in New Mexico, and the volume risk involved in producer customers
ramping up their respective crude oil production volumes which will
dictate the resulting associated gas volume increases. The
company's presence primarily in the Permian's northern Delaware
Basin, acreage dedications spread over 455,250 acres, strong
customer base that includes large integrated and independent
producers, sizeable equity contribution by the financial sponsors
and adequate liquidity support the company's credit profile. The
2018 contracts are 85% fee-based (including a 7% minimum volume
commitment (MVC) contract) leaving Lucid with limited direct
commodity price risk. The ratings also benefit from structural
enhancements such as an excess cash flow sweep and a $29 million
debt service reserve account.

The positive outlook reflects the oil-focused drilling activity in
the northern Delaware Basin expected to drive associated gas volume
growth for Lucid, providing a pathway to reduce the high initial
financial leverage by the end of 2018.

The $900 million term loan maturing seven years from the closing of
the transaction is rated B2 (the same as the CFR) under the Moody's
Loss Given Default Methodology. The $50 million revolver (unrated)
maturing five years from the closing of the transaction has a super
priority preference over the term loan; however, because of the
small size of the revolver compared to the term loan, the term loan
is rated the same as the CFR.

Moody's expects that Lucid will maintain adequate liquidity at
least into 2019. At the closing of the transaction, Lucid will have
an undrawn $50 million revolver, in addition to a $29 million debt
service reserve account via a letter of credit. Moody's expect the
company to fund its debt service obligations and capital
expenditures primarily through cash from operations. Lucid has a
mandatory cash flow sweep provision on the term loan, which will
likely lead to Lucid having a low cash balance while reducing some
debt. The term loan will have a minimum debt service coverage ratio
covenant of 1.1x. In addition, the revolver will have financial
covenants including a minimum debt service coverage ratio of 1.1x,
a maximum debt to capitalization ratio of 55%, and a maximum super
priority leverage ratio of 1.25x. Moody's expects the company to be
in compliance with its covenants at least into 2019.

Lucid's ratings could be upgraded if the company successfully
realizes its planned volume and corresponding earnings growth,
reducing debt/EBITDA to approach 5x while maintaining adequate
liquidity. Ratings could be downgraded and/or the outlook changed
if debt/EBITDA is likely to remain above 6x beyond 2018 or if
liquidity weakens substantially.

The principal methodology used in these ratings was Midstream
Energy published in May 2017.

Lucid Energy Group II Borrower, LLC is a Dallas, Texas based
privately owned natural gas gathering and processing operator in
the Delaware Basin. In January 2018, Riverstone Holdings and
Goldman Sachs Merchant Banking Division entered into an agreement
to buy Lucid for $1.6 billion.


MACAVITY COMPANY: Hires Polsinelli as General Bankruptcy Counsel
----------------------------------------------------------------
Macavity Company, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Arizona to employ Polsinelli PC, as
general bankruptcy and restructuring counsel to the Debtor.

Macavity Company requires Polsinelli to:

   (a) provide legal advice with respect to powers and duties as
       debtor-in-possession in the continued operation of their
       businesses and management of its property;

   (b) prepare all necessary applications, motions, answers,
       orders, reports and other legal papers on behalf of the
       Debtor;

   (c) appear in Court and protect the interests of the Debtor
       before the Court;

   (d) assist the Debtor with the collection and disposition of
       the Debtor's assets, by sale or otherwise;

   (e) assist the Debtor with ongoing corporate and regulatory
       legal needs; and

   (f) assist the Debtor in preparing and confirming a Chapter 11
       plan.

Polsinelli will be paid at these hourly rates:

     Shareholders                  $400 to $625
     Associates                    $260 to $330
     Paralegals                    $205 to $250

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

John R. Clemency, partner of Polsinelli PC, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Polsinelli can be reached at:

     John R. Clemency, Esq.
     Lindsi M. Weber, Esq.
     POLSINELLI P.C.
     One E. Washington, Suite 1200
     Phoenix, AZ 85004
     Tel: (602) 650-2000
     Fax: (602) 264-7033
     E-mail: jclemency@polsinelli.com
             lweber@polsinelli.com

                     About Macavity Company

Macavity Company, LLC, develops real estate properties.  It was
incorporated in 2008 and is based in Mesa, Arizona.  It has a fee
simple interest in an 861.50-acre undeveloped land located at NW
Corner of Monte Carlo Boulevard and FM 75, Princeton, Texas, valued
at $28 million.

Macavity Company sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 17-08474) on July 24,
2017.  Lane Spencer of Ready RDC LLC, sole member, signed the
petition.  At the time of the filing, the Debtor disclosed $28.12
million in assets and $17.29 million in liabilities.

Judge Brenda K. Martin presides over the case.

Gallagher & Kennedy, PA represents the Debtor as bankruptcy
counsel. The Debtor hires Polsinelli PC, as general bankruptcy and
restructuring counsel; CBRE Inc. as appraiser; and MCA Financial
Group Ltd. as financial advisor.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case.


MAPLE HEIGHTS, OH: Moody's Confirms B3 Issuer Rating
----------------------------------------------------
Moody's Investors Service confirms the B3 issuer rating of the City
of Maple Heights, OH and the B3 rating on the city's outstanding
general obligation limited tax (GOLT) bonds. The city has $13.6
million of GOLT bonds outstanding.

The rating was previously on review with direction uncertain and
this rating action completes the review. Moody's placement of the
rating under review on January 2, 2018 was prompted by a lack of
sufficient financial information for fiscal 2016, which Moody's
have since received.

RATINGS RATIONALE

The B3 rating largely reflects a weak economic profile and a very
limited financial position, though liquidity has slowly improved in
recent years. The rating also considers the city's dependence on
local income taxes in an environment of weak labor market recovery.
The rating also incorporates the city's high pension burden, which
arises from participation in underfunded cost-sharing retirement
plans. The issuer rating is used as a reference point for city's
limited tax rating and is equivalent to the hypothetical general
obligation unlimited tax (GOULT) rating Moody's would assign to the
GOULT debt of the city. The GOLT rating is the same as the issuer
rating because payment of limited tax debt service is a full faith
and credit obligation of the city.

RATING OUTLOOK

The stable outlook reflects Moody's expectation that improving
liquidity limits the probability of a near-term default, while the
city's weak economic profile keeps it highly vulnerable to an
unforeseen revenue shock.

FACTORS THAT COULD LEAD TO AN UPGRADE

- Sustained improvement in liquidity across governmental funds

- Stabilization of negative tax base and economic trends

FACTORS THAT COULD LEAD TO A DOWNGRADE

- Sustained economic challenges that pressure local income tax
   collections

- Reversal of progress in financial recovery and liquidity

LEGAL SECURITY

The city's debt is secured by its pledge and authorization to levy
taxes subject to its own 10.5 charter millage cap.

USE OF PROCEEDS

Not applicable.

PROFILE

Maple Heights is a suburban community located approximately 10
miles southeast of downtown Cleveland (A1 stable). Its population
is estimated at 22,700.

METHODOLOGY

The principal methodology used in this rating was US Local
Government General Obligation Debt published in December 2016.


MAYFAIR-CORCORAN: Receiver Seeks Cash Pending Sale Closing
----------------------------------------------------------
Paula Forshee, the court-appointed Receiver for the estate for
Mayfair-Corcoran, LLC, asks the U.S. Bankruptcy Court for the
District of Columbia on an emergency basis, for interim and final
orders authorizing: (a) postpetition financing from Federal
National Mortgage Association ("Fannie Mae"), and (b) the continued
use of cash collateral.

The Debtor is indebted to Fannie Mae pursuant to two promissory
notes in the original principal amounts of $1,175,000 and $316,000,
respectively. Each of the loans is secured, inter alia, by a
Multifamily Deed of Trust, Assignment of Leases and Rents, Security
Agreement and Fixture Filing that is recorded against the Property
in the District of Columbia Recorder of Deeds.

Pursuant to a consent order entered by the Court on November 14,
2017, Fannie Mae has funded the Receiver's first request for
post-petition financing and has permitted the use of cash
collateral to cover expenses up through November 30, 2017.

On Dec. 14, 2017, the Court entered an order conditionally
approving the sale of substantially all of the Debtor's assets. The
sale is expected to close on Jan. 18, 2018.  Consequently, the
Receiver requires funding to pay expenses related to property
operations through the Closing Date.

In that regard, the Receiver has made her second request to Fannie
Mae in the approximate amount of $75,980 to cover certain
postpetition expenses incurred up through February 28, 2018.  The
PostPetition Funding Request includes a budget for the period of
January 2018 through June 2018.

In the ordinary course of business, the Receiver requires cash on
hand in addition to the cash flow from the Property's operations to
fund the Property's liquidity needs.  In addition, the Receiver
requires access to sufficient liquidity to fund the Property's
operations until such time as a plan is confirmed or the Property
is sold.  The Receiver contends that in addition to the use of cash
collateral, post-petition financing is also necessary in order for
the Receiver to have access to sufficient liquidity to maintain the
Property's ongoing day-to-day operations and fund its working
capital needs.  The Receiver only intends to use funds, as needed,
to pay for necessary expenditures for the Property through the
Closing Date.

Further, Fannie Mae will be granted adequate protection through the
provision of replacement liens and super-priority administrative
claims. Specifically, Fannie Mae should receive, pursuant to
section 361 of the Bankruptcy Code, automatically-perfected
replacement liens on the Debtor's post-petition assets to the same
extent and priority as Fannie Mae's prepetition liens.

In addition, pursuant to section 507(b) of the Bankruptcy Code,
Fannie Mae should receive a super-priority administrative claim
against the Debtor to the extent of the Post-Petition Financing.
All funds due Fannie Mae, including, without limitation, any
amounts owed pursuant to the Post-Petition Financing, will be paid
by the Debtor at the closing of the sale contemplated by the Sale
Motion.

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

         http://bankrupt.com/misc/dcb17-00513-96.pdf

                      About Mayfair-Corcoran

Mayfair-Corcoran LLC owns a multi-family property known as Corcoran
House Apartments located at 1720-1721 Corcoran Street Northeast in
the District of Columbia.  Until the appointment of the receiver,
the Property was managed by Oakmont Management Group LLC.  Oakmont
is owned by A. Carter Nowell, the Company's manager.  Sanford
Capital LLC owns 70% of Mayfair-Corcoran.  

Mayfair-Corcoran defaulted under its loan documents, which have
been accelerated.   On May 17, 2017, Fannie Mae filed a complaint
against the Debtor and A. Carter Nowell in the District of Columbia
Superior Court, identified as Case No. 2017 CA 003403 R (RP),
seeking a money judgment, the appointment of a receiver, and other
relief.  On May 26, 2017, the Superior Court entered a Consent
Order Appointing Receiver and Granting Injunctive Relief. The
Receiver, though Catalyst Property Solutions, has managed the
Property since approximately June 1, 2017.

Mayfair-Corcoran, LLC, sought Chapter 11 protection (Bankr. D.D.C.
Case No. 17-00513-SMT) on Sept. 13, 2017.  A. Carter Nowell is the
Debtor's manager and signed the petition on behalf of the Debtor.
HIRSCHLER FLEISCHER PC serves as counsel to the Debtor.

Shortly after the Petition Date, on Sept. 26, 2017, the Bankruptcy
Court entered an order authorizing the Receiver to, among other
things, continue operating and managing the Property.

On Dec. 14, 2017, the Court entered an order conditionally
approving the sale of substantially all of the Debtor's assets.
Upon information and belief, with closing expected on Jan. 18,
2018.

Counsel to the Receiver:

         Jonathan L. Gold
         MICHAEL BEST & FRIEDRICH LLP
         601 Pennsylvania Avenue, NW
         Suite 700 South
         Washington, DC 20004
         Tel: (202) 747-9594
         Fax: (202) 347-1819
         E-mail: jlgold@michaelbest.com


MAYFAIR-HAWAII: Receiver Needs Cash Through Sale Closing Date
-------------------------------------------------------------
Paula Forshee, the court-appointed Receiver for the estate for
Mayfair-Hawaii, LLC, asks the U.S. Bankruptcy Court for the
District of Columbia on an emergency basis, for interim and final
orders authorizing: (a) post-petition financing from Federal
National Mortgage Association ("Fannie Mae"), and (b) the continued
use of cash collateral.

The Debtor is indebted to Fannie Mae pursuant to two promissory
notes in the original principal amounts of $2,000,000 and
$1,050,000, respectively. Each of the loans is secured, inter alia,
by a Multifamily Deed of Trust, Assignment of Leases and Rents,
Security Agreement and Fixture Filing that is recorded against the
Property in the District of Columbia Recorder of Deeds.

Pursuant to a consent order entered by the Court on November 14,
2017, Fannie Mae has funded the Receiver's first request for
post-petition financing and has permitted the use of cash
collateral to cover expenses up through November 30, 2017.

On Dec. 27, 2017, the Debtor filed a motion seeking approval of the
sale of substantially all of its assets, which sale is expected to
close some time in February 2018. Consequently, the Receiver
requires funding to pay expenses related to property operations
through the Closing Date.   

The Receiver has made her second request to Fannie Mae in the
approximate amount of $58,925 to cover certain post-petition
expenses incurred up through February 28, 2018. The Post-Petition
Funding Request includes a budget for the period of January 2018
through March 2018.

Accordingly, the Receiver requires cash on hand in addition to the
cash flow from the Property's operations to fund the Property's
liquidity needs in the ordinary course of business. In addition,
the Receiver requires access to sufficient liquidity to fund the
Property's operations until such time as a plan is confirmed or the
Property is sold.

The Debtor asserts that post-petition financing, in addition to the
use of cash collateral, is necessary in order for the Receiver to
have access to sufficient liquidity to maintain the Property's
ongoing day-to-day operations and fund its working capital needs.
The Receiver only intends to use funds, as needed, to pay for
necessary expenditures for the Property through the Closing Date.

Further, Fannie Mae will be granted adequate protection through the
provision of replacement liens and super-priority administrative
claims. Specifically, Fannie Mae should receive
automatically-perfected replacement liens on the Debtor's
post-petition assets to the same extent and priority as Fannie
Mae's prepetition liens. In addition, pursuant to section 507(b) of
the Bankruptcy Code, Fannie Mae should receive a super-priority
administrative claim against the Debtor to the extent of the
Post-Petition Financing.

All funds due Fannie Mae, including, without limitation, any
amounts owed pursuant to the Post-Petition Financing, will be paid
by the Debtor at the closing of the sale contemplated by the Sale
Motion.

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

              http://bankrupt.com/misc/dcb17-00514-86.pdf

                       About Mayfair-Hawaii

Mayfair-Hawaii LLC, a Delaware limited liability company, owns a
34-unit multifamily property on the south side of Hawaii Avenue,
SE, in the District of Columbia.  Until the appointment of the
receiver, Paula Forshee, the property was managed by Oakmont
Management Group LLC.  Sanford Capital LLC owns 70% of
Mayfair-Hawaii.  A. Carter Nowell is the Debtor's manager.  Oakmont
is owned by Mr. Nowell.

The Debtor defaulted under loan documents with Fannie Mae, which
loans have been accelerated.   On June 12, 2017, the Superior Court
entered a consent order appointing receiver and granting injunctive
relief.  The Receiver, though Catalyst Property Solutions, has
managed the Property since approximately June 12, 2017.

Mayfair-Hawaii LLC filed for Chapter 11 bankruptcy protection
(Bankr. D.C. Case No. 17-00514) on Sept. 26, 2017, estimating
assets and debt of $1 million to $10 million.  A. Carter Nowell
signed the petition.  

Judge S. Martin Tell Jr. is the case judge.

Kristen E. Burgers, Esq., and Stephen E. Leach, Esq., at Hirschler
Fleischer, PC, in Tysons, Virginia, serves as counsel to the
Debtor.

On Sept. 26, 2017, the Court entered an order authorizing the
Receiver to, among other things, continue operating and managing
the Property.

On Dec. 27, 2017, the Debtor filed a motion seeking approval of the
sale of substantially all of its assets.  Upon information and
belief, the sale is expected to close some time in February 2018.
Consequently, the Receiver requires funding to pay expenses related
to property operations through the Closing Date.  

Counsel to the Receiver:

         Jonathan L. Gold
         MICHAEL BEST & FRIEDRICH LLP
         601 Pennsylvania Avenue, NW
         Suite 700 South
         Washington, DC 20004
         Tel: (202) 747-9594
         Fax: (202) 347-1819
         E-mail: jlgold@michaelbest.com


MINISTERIOS ENCUENTRO: Hires Ralph Sellers as Appraiser
-------------------------------------------------------
Ministerios Encuentro & Conexion seeks authority from the U.S.
Bankruptcy Court for the Western District of Texas to employ Ralph
Sellers & Associates, as appraiser to the Debtor.

Ministerious Encuentro requires Ralph Sellers to appraise the
Debtor's property located at 8800 Cristo Viene Drive, El Paso,
Texas.

Ralph Sellers will be paid a flat rate of $5,500 to prepare an
appraisal report.

Ralph Sellers will be paid at an hourly rate of $200 for the
preparation of meetings, pre-trial conferences, and trial
testimony.

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

Ralph Sellers can be reached at:

     Curtis R. Sellers
     RALPH SELLERS & ASSOCIATES
     8020A Artcraft Road
     El Paso, TX 79932
     Tel: (915) 581-1508

            About Ministerios Encuentro & Conexion

Ministerios Encuentro & Conexion sought protection under Chapter 11
of the Bankruptcy Code (Bankr. W.D. Tex. Case No. 17-31661) on Oct.
13, 2017.  In the petition signed by Treasurer Sarai Barraza, the
Debtor estimated total assets of less than $500,000 and liabilities
of less than $50,000.  Judge H. Christopher Mott presides over the
case.  James & Haughland, P.C., serves as counsel to the Debtor.


MORAN FOODS: Bank Debt Trades at 19.83% Off
-------------------------------------------
Participations in a syndicated loan under which Moran Foods LLC is
a borrower traded in the secondary market at 80.17
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.84 percentage points from the
previous week. Moran Foods LLC pays 600 basis points above LIBOR to
borrow under the $740 million facility. The bank loan matures on
Dec. 5, 2023 and Moody's B2 rating and Standard & Poor's B- rating.
The loan is one of the biggest gainers and losers among 247 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended January 19.




MURRAY ENERGY: Bank Debt Trades at 10.37% Off
---------------------------------------------
Participations in a syndicated loan under which Murray Energy is a
borrower traded in the secondary market at 89.63
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.41 percentage points from the
previous week.  Murray Energy pays 650 basis points above LIBOR to
borrow under the $1.700 billion facility. The bank loan matures on
Apr. 10, 2020 and carries Moody's B2 and Standard & Poor's B-.  The
loan is one of the biggest gainers and losers among 247 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended January 19.


NUSTAR ENERGY: Egan-Jones Lowers Sr. Unsecured Ratings to BB+
-------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 9, 2018, downgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by NuStar Energy LP to 'BB+' from 'BBB-'.

NuStar Energy L.P. is a publicly traded master limited partnership.
The company is one of the largest independent liquids terminal and
pipeline operators in the U.S.


ORWELL TRUMBULL: Hires Kravitz Brown as Special Counsel
-------------------------------------------------------
Orwell Trumbull Pipeline Co LLC, seeks authority from the U.S.
Bankruptcy Court for the Northern District of Ohio to employ
Kravitz Brown & Dortch, LLC, as special counsel to the Debtor.

Orwell Trumbull requires Kravitz Brown to represent the Debtor in
any and all matters arising from the regulation of the Debtor by
the Public Utilities Commission of Ohio ("PUCO"), more specifically
on the following matters:

   -- Case No. 14-1709 Commission-instigated management audit of
                       the Debtor and its affiliate, Cobra
                       Pipeline Company ("Cobra"). Staff of the
                       PUCO has informally linked any further
                       action in this case to action in Case No.
                       16-1726 (and to Case No. 16-1725).

   -- Case No. 15-637  On November 27, 2017, (immediately
                       following its receipt of the Lake County
                       Court of Common Pleas' receivership Order)
                       the PUCO at last issued a decision on
                       the Debtor's Application for Rehearing
                       that affirmed a June 2016 PUCO decision to
                       set aside the terms of a PUCO-approved
                       contract between the Debtor and its
                       customer, Orwell Natural Gas ("ONG"), and
                       to unilaterally impose new and different
                       contract terms on the parties. The Debtor
                       maintained and maintains that the PUCO
                       exceeded the scope of its authority under
                       Ohio law, and ignored Ohio public policy,
                       in order to take these actions. Any appeal
                       of this decision by the PUCO to the Ohio
                       Supreme Court must be taken no later than
                       January 29, 2018.

   -- Case No. 16-663  Complaint against the Debtor by its
                       customer, ONG. This dispute was
                       subsequently resolved by the parties. A
                       Joint Motion to Dismiss the Complaint has
                       been pending before the PUCO for
                       approximately eighteen months, but the
                       PUCO has not yet chosen to act upon that
                       joint motion.

   -- Case No. 16-1726 The PUCO Ordered the Debtor to initiate
                       the bankruptcy case, and to ask the
                       PUCO to establish tariff rates for OTPC's
                       services. (This case has in practical
                       effect been consolidated with Case No. 16-
                       1725, in which the PUCO Ordered Cobra to
                       also initiate a case in order to establish
                       tariff rates. The Debtor rate case was
                       stayed indefinitely by the PUCO in
                       response to the Lake County receivership
                       order, pending further action by the
                       PUCO.)

   -- Case No. 16-2419 Complaint against the Debtor by its
                       customer, ONG, concerning imposition of a
                       "firm" transport charge in response to the
                       Commission decision in Case No. 15-637.

   -- Case No. 17-889  An application for approval of a contract
                       between a shipper, Gas Natural Resources,
                       and the Debtor (PUCO Staff formally
                       recommended in July, 2017 that the PUCO
                       approve the contract, but the PUCO has not
                       yet chosen to act on the parties'
                       application or on Staff's recommendation).

   -- Case No. 17-2424 Commission initiated investigation of both
                       the Debtor and Cobra, opened in response
                       to the Lake County Court of Common Pleas
                       Order establishing a receivership. The
                       PUCO subsequently expanded its
                       investigation upon the Debtor's filing of
                       its Chapter 11 petition.

Kravitz Brown will be paid at these hourly rates:

     Michael D. Dortch                  $375
     Richard R. Parsons                 $275
     Justin M. Dortch                   $200

As of January 17, 2018, the Debtor is indebted to Kravitz Brown in
an amount of $95,825.63, representing $79,218.35 in prepetition
billed time and $16,607.28 in November and December 2017 unbilled
times.

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

Michael D. Dortch, partner of Kravitz Brown & Dortch, LLC, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Kravitz Brown can be reached at:

     Michael D. Dortch, Esq.
     KRAVITZ BROWN & DORTCH, LLC
     65 East State Street Suite 200
     Columbus, OH 43215
     Tel: (614) 464-2000
     Fax: (614) 464-2002
     E-mail: mdortch@kravitzllc.com

                 About Orwell Trumbull Pipeline

Based in Willoughby, Ohio, Orwell-Trumbull Pipeline Co., LLC,
engineers, installs, constructs, and inspects electronic measuring
equipment for the natural gas industry.

Orwell Trumbull Pipeline filed a Chapter 11 petition (Bankr. N.D.
Ohio Case No. 17-17135) on Dec. 4, 2017.  In the petition signed by
Managing Member Richard M. Osborne, the Debtor estimated $10
million to $50 million in assets and liabilities.

The Hon. Arthur I. Harris presides over the case.

Glenn E. Forbes, Esq., at Forbes Law LLC, serves as bankruptcy
counsel to the Debtor.

Dettelbach Sicherman & Baumgart, LLCPA; Kravitz Brown & Dortch,
LLC; and Wuliger and Wuliger, is the Debtor's special counsel.


ORWELL TRUMBULL: Hires Wuliger to Attend to Lawsuits
----------------------------------------------------
Orwell Trumbull Pipeline Co LLC, seeks authority from the U.S.
Bankruptcy Court for the Northern District of Ohio to employ
Wuliger and Wuliger, as special counsel to the Debtor.

Orwell Trumbull requires Wuliger and Wuliger to:

   -- assist and provide legal services to the Debtor in the case
      titled Richard M. Osborne, et al., v. Gas Natural, Inc.,
      Cuyahoga Case No. 17-CV-877354; and

   -- assist the Debtor in the appeal over its tax case, titled
      Orwell Trumbull Pipeline vs. Ohio Tax Commissioner, with
      the Ohio Board of Tax Appeals.

Wuliger and Wuliger will be paid at these hourly rates:

     Partners                  $450
     Associates                $280

The Debtor has not been billed for the representation in the
pending Cuyahoga County case because affiant anticipates that the
attorney's fees will be paid by Gas Natural.  To date, $145,478 is
owed to Wuliger and Wuliger for fees and expenses incurred in that
case.

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

Wuliger and Wuliger can be reached at:

     William T. Wuliger, Esq.
     WULIGER AND WULIGER
     2003 St. Clair Ave
     Cleveland, OH 44114
     Tel: (216) 781-7777

                 About Orwell Trumbull Pipeline

Based in Willoughby, Ohio, Orwell-Trumbull Pipeline Co., LLC,
engineers, installs, constructs, and inspects electronic measuring
equipment for the natural gas industry.

Orwell Trumbull Pipeline filed a Chapter 11 petition (Bankr. N.D.
Ohio Case No. 17-17135) on Dec. 4, 2017.  In the petition signed by
Managing Member Richard M. Osborne, the Debtor estimated $10
million to $50 million in both assets and liabilities.

The Hon. Arthur I. Harris presides over the case.

Glenn E. Forbes, Esq., at Forbes Law LLC, serves as bankruptcy
counsel to the Debtor.

Dettelbach Sicherman & Baumgart, LLCPA; Kravitz Brown & Dortch,
LLC; and Wuliger and Wuliger, is the Debtor's special counsel.


OSTEON MERGER: Moody's Assigns B2 Corporate Family Rating
---------------------------------------------------------
Moody's Investors Service assigned a B2 Corporate Family Rating and
a B2-PD Probability of Default Rating to Osteon Merger Sub, Inc.
Moody's also assigned a B2 (LGD 3) rating to Osteon's first lien
credit facilities. The rating outlook is stable.

Proceeds from the new $235 million first lien term loan will be
used to partially fund the acquisition of Exactech, Inc. - valued
at approximately $750 million - by TPG Capital, L.P. and
management. Immediately following the acquisition, Osteon will be
merged into Exactech, and Exactech will be the surviving entity. At
that time, Moody's will move all ratings from Osteon to Exactech.

The following ratings were assigned:

Osteon Merger Sub, Inc.

Corporate Family Rating at B2

Probability of Default Rating at B2-PD

Senior Secured First lien revolving credit facility due 2023 at B2
(LGD 3)

Senior Secured First lien term loan due 2025 at B2 (LGD 3)

Rating outlook: stable

RATINGS RATIONALE

The B2 rating assigned to Osteon reflects its limited scale in the
global orthopedic device industry and narrow business focus as a
few key product lines account for the substantial majority of
sales. The company competes directly with several large global
orthopedic companies, all of whom have substantially greater
resources. The ratings reflect Moody's expectations that financial
policies will remain aggressive under private equity ownership.
Moody's expects debt/EBITDA to remain above 4.5 times for the next
12 to 18 months. Moody's also expects that the company will
continue its track record of revenue growth and operating margin
stability. However the investments associated with the company's
growth objectives will result in limited levels of free cash flow
over the next 2 years.

The rating outlook is stable. Moody's expects that the company will
modestly deleverage primarily through earnings growth.

Ratings could be upgraded if the company materially increases its
size and scale, and grows earnings while broadening its product
portfolio. Additionally, debt/EBITDA would need to be sustained
below 3.5 times before Moody's would consider an upgrade.

Ratings could be downgraded if the company's financial policies
become more aggressive or the company is materially impacted by
competitor activities. Quantitatively ratings could be downgraded
if debt/EBITDA is sustained above 5.0 times or liquidity erodes.

Headquartered in Gainesville, Florida, Exactech develops and
markets a range of orthopedic implant devices, related surgical
instruments and biologic materials and services in the United
States and more than 35 markets in the rest of the world. Revenues
are approximately $265 million.

The principal methodology used in these ratings was Medical Product
and Device Industry published in June 2017.


PALACE ATLANTA: Taps Medley & Associates as Legal Counsel
---------------------------------------------------------
Palace Atlanta LLC seeks approval from the U.S. Bankruptcy Court
for the Northern District of Georgia to hire Medley & Associates,
LLC, as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist in any potential sale or disposition of its
assets; conduct examinations; assist in negotiations with creditors
in connection with the formulation of a bankruptcy plan; and
provide other legal services related to its Chapter 11 case.

The firm's hourly rates are:

     Senior Attorneys             $300
     Associate Attorneys          $250
     Paralegals                   $150
     Administrative Assistants     $50

Medley received $1,717 as a filing fee from the Debtor.

Leonard Medley III, Esq., disclosed in a court filing that his firm
does not represent any interest adverse to the Debtor's estate.

The firm can be reached through:

     Leonard R. Medley, III, Esq.
     Medley & Associates, LLC
     2727 Paces Ferry Road, Suite 1450
     Atlanta, GA 30339
     Phone: (770) 319-7592
     Email: leonard@mkalaw.com

                     About Palace Atlanta LLC

Palace Atlanta LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 17-71438) on Dec. 12,
2017.  Jamin Whatley, member, signed the petition.  At the time of
the filing, the Debtor estimated assets and liabilities of less
than $50,000.  Judge Wendy L. Hagenau presides over the case.


PETROLEUM GEO-SERVICES: Bank Debt Trades at 15.96% Off
------------------------------------------------------
Participations in a syndicated loan under which Petroleum
Geo-Services ASA (PGS) is a borrower traded in the secondary market
at 85.17 cents-on-the-dollar during the week ended Friday, January
19, 2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 1.59 percentage points
from the previous week. Petroleum Geo-Services ASA [PGS] pays 250
basis points above LIBOR to borrow under the $400 million facility.
The bank loan matures on Mar. 19, 2021 and Moody's Caa2 rating and
Standard & Poor's CCC+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended January
19.


PETSMART INC: Bank Debt Trades at 18.05% Off
--------------------------------------------
Participations in a syndicated loan under which Petsmart Inc is a
borrower traded in the secondary market at 81.95
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.97 percentage points from the
previous week.  Petsmart Inc pays 300 basis points above LIBOR to
borrow under the $4.246 billion facility. The bank loan matures on
Mar. 10, 2022 and Moody's B1 rating and Standard & Poor's CCC+
rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended January 19.




PHILADELPHIA ENERGY: Moody's Lowers PDR to 'D' Amid Bankr. Filing
-----------------------------------------------------------------
Moody's Investors Service downgraded Philadelphia Energy Solutions
R&M LLC's ("PESRM") Probability of Default Rating to D-PD from
Ca-PD. The downgrade was prompted by PESRM's January 22, 2018
announcement that it had initiated Chapter 11 bankruptcy
proceedings. The Ca Corporate Family Rating (CFR) and Ca senior
secured term loan rating were affirmed. The ratings outlook was
changed to stable.

RATINGS RATIONALE

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

Downgrades:

Issuer: Philadelphia Energy Solutions R&M LLC

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

Outlook Actions:

-- Outlook, Changed To Stable From Negative

Affirmations:

-- Corporate Family Rating, Affirmed Ca

-- Senior Secured Term Loan, Affirmed Ca (LGD3)

Philadelphia Energy Solutions Refining and Marketing LLC (PESRM)
owns a refinery complex in Philadelphia with two refineries, Girard
Point and Point Breeze.

The principal methodology used in these ratings was Refining and
Marketing Industry published in November 2016.


PHILADELPHIA ENERGY: S&P Cuts CCR to 'D' on Bankruptcy Filing
-------------------------------------------------------------
S&P Global Ratings said it lowered its corporate credit rating on
Philadelphia Energy Solutions Refining and Marketing LLC to 'D'
from 'CCC-' and its issue-level rating on the company's senior
secured term loan B to 'D' from 'CCC-'.

The 'D' ratings reflect the Chapter 11 bankruptcy filing by PES and
its affiliates on Jan. 21, 2018.

The recovery rating on the company's senior secured term loan B is
'4', indicating a potential for average (30%-50%; rounded estimate:
45%) recovery for lenders.

PES announced that it has entered into a restructuring support
agreement (RSA) with the holders of more than 90% of its term loan
B as well as 100% of the holders of its term loan A (not rated by
S&P Global Ratings). Together with the execution of the RSA, PES
and its affiliates filed a Chapter 11 plan of reorganization to
seek a restructuring of existing debt and other obligations and
seek relief from current debt service obligations. Debt holders
have agreed, upon exit from bankruptcy protection, to convert $107
million of the term loan B to a 75% ownership stake in PES as well
as extending the maturity of the remaining debt to 2022 from 2018.
Under S&P's criteria, this debt for equity swap is considered a
default.

A key consideration of the bankruptcy filing is the company's
request that the bankruptcy court dismiss approximately $350
million of renewable identification number (RINs) obligations from
2016 and 2017, the retirement of which is required to satisfy the
obligation under the federal renewable fuel standards established
by the U.S. Environmental Protection Agency. RINs expense is the
company's largest expense other than crude oil.

PES will continue to operate under bankruptcy protection and has
announced it will continue to pay all employees and vendors and
honor its existing collective bargaining agreement with its union
employees. The company entered into a $1 billion intermediation
agreement to facilitate the purchase of crude oil during the
pendency of the bankruptcy as well as a $120 million
debtor-in-possession facility to provide additional liquidity.


POPI TRADING: Hires Jeremy S. Sussman as Counsel
------------------------------------------------
Popi Trading Inc., seeks authority from the U.S. Bankruptcy Court
for the Southern District of New York to employ The Law Offices of
Jeremy S. Sussman, as counsel to the Debtor.

Popi Trading requires Jeremy S. Sussman to:

   a. advise the Debtor with respect to its rights, duties, and
      obligations as debtor-in-possession;

   b. assist the Debtor to prepare and file any schedules,
      statements and declarations required under the Bankruptcy
      Code, Bankruptcy Rules, and Local Rules (collectively, the
      "Schedules and Statements");

   c. assist the Debtor to prepare and file its monthly operating
      reports and meet its other administrative obligations in
      connection with this Bankruptcy Case;

   d. represent the Debtor at the initial case conference,
      initial debtor meeting, and section 341 meeting of
      creditors;

   e. represent the Debtor at hearings, status conferences, and
      mediation sessions, as necessary;

   f. prosecute avoidance actions and other adversary proceedings
      on behalf of the Debtor's estates, as necessary;

   g. assist the Debtor in negotiating settlements with its
      creditors; and

   h. assist the Debtor to file a disclosure statement and
      chapter 11 plan and solicit acceptances thereof.

Jeremy S. Sussman will be paid at these hourly rates:

     Attorneys                     $350
     Associates                 $250 to $325
     Legal Assistants              $100

Jeremy S. Sussman will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

Jeremy S. Sussman can be reached at:

     Jeremy S. Sussman, Esq.
     THE LAW OFFICES OF JEREMY S. SUSSMAN
     225 Broadway, Suite 3800
     New York, NY 10007
     Tel: (646) 322-8373

                       About Popi Trading

Popi Trading Inc., based in New York, NY, filed a Chapter 11
petition (Bankr. S.D.N.Y. Case No. 17-12246) on Aug. 14, 2017.  In
the petition signed by Pablo J Silva, president, the Debtor
disclosed $331,305 in assets and $2.15 million in liabilities.  The
Hon. Michael E. Wiles presides over the case.  Jeremy S. Sussman,
Esq., at The Law Offices of Jeremy S. Sussman, serves as bankruptcy
counsel.


PRESTIGE BRANDS: S&P Affirms 'B+' CCR, Outlook Negative
-------------------------------------------------------
U.S.-based over-the-counter (OTC) healthcare and household cleaning
products company Prestige Brands Inc.'s performance has fallen
short of S&P Global Ratings' expectations.

S&P Global Ratings is thus affirming its 'B+' corporate credit
rating on Tarrytown, N.Y.-based Prestige Brands Inc. The outlook is
negative.

S&P said, "In addition, we raised our issue-level rating on the
company's senior secured term loan to 'BB' from 'BB-'. We also
revised the recovery rating to '1' from '2', reflecting our
expectation for very high (90% to 100%, rounded estimate 95%)
recovery in the event of a payment default.  

"At the same time, we affirmed our 'B-' senior unsecured debt
rating. The recovery rating is still '6', reflecting our
expectation for negligible (0% to 10%, rounded estimate 5%)
recovery in the event of a payment default."

Reported debt outstanding was about $2.1 billion as of Sept. 30,
2017.

S&P said, "The affirmation of our 'B+' corporate credit rating
reflects our view of the company's defensible position in niche
categories within OTC healthcare, and relatively good operating
efficiency and cash flow generation that should enable the company
to improve credit ratios over the next several quarters, albeit
delayed compared to our original forecast. However, performance of
the underlying business (excluding C.B. Fleet Co. (Fleet)) fell
short of our expectation. The negative outlook reflects the recent
earnings misses and pro forma debt to EBITDA still above 6x, and
the potential for a lower rating if performance remains weak and
adj. debt to EBITDA is sustained above 6x. This could happen if
performance weakens possibly due to soft consumer spending,
continued retail customer inventory destocking, increased
competition from private label products, or meaningful near term
acquisitions.  We lowered our forecast and now expect Prestige will
modestly grow its top line and profitability after fiscal 2018
(ending March 31, 2018), mainly through acquisitions as we assume
flattish organic growth.  Still, the company maintains good market
share, albeit with modest growth prospects based on favorable
industry trends, including the aging U.S. population and a higher
propensity for a large part of the population to self-medicate with
OTC products. We currently do not assume any sizable acquisitions
over the next few quarters and forecast debt to EBITDA in the
high-5x area by the end of fiscal 2018 and the mid-5x area by the
end of fiscal 2019. We also expect the company to continue to be
acquisitive to capitalize on OTC industry consolidation.

"Our negative outlook reflects the recent earnings misses and pro
forma adjusted debt to EBITDA above 6x.

"We could revise the outlook to stable over the next couple of
quarters if the company's operating performance improves and there
is greater visibility for debt to EBITDA to continue to strengthen,
including leverage approaching the mid-5x area. This could happen
if performance is stable and the company continues to apply free
cash flow to debt reduction. The outlook revision would also be
predicated on the company's financial policy being supportive.  

"We could lower our ratings on Prestige Brands if performance falls
short of our expectations, resulting in debt to EBITDA sustains
above 6x. This could happen if the OTC segment experiences
difficulties in the marketplace, if the competition from private
labels increases, or if the company makes meaningful acquisitions
over the near term."  


PUERTO RICO: Governor Moves to Privatize PREPA
----------------------------------------------
Andrew Scurria, writing for The Wall Street Journal Pro Bankruptcy,
reported that Puerto Rico Gov. Ricardo Rossello said he would put
the island's bankrupt power utility up for sale, a watershed step
toward dismantling a deeply indebted public monopoly that came
under intense criticism for its response to Hurricane Maria.

According to the report, the governor said Prepa would cease to
exist in its current form and its assets sold to private companies
in the hopes they will invest in modernizing Puerto Rico's troubled
electrical grid.

"The power system is not designed for the needs of today's Puerto
Rico," the report cited the governor as saying.  "Over the next few
days the process will start, through which Prepa assets will be
sold to companies who will transform the generation system into a
modern, efficient, and less expensive one for the people of Puerto
Rico," he said.

The Journal noted that the announcement marks a policy shift by the
governor from preserving the Puerto Rico Electric Power Authority
as a public asset to a privatization strategy that more closely
aligns with Puerto Rico's federal financial oversight board.  The
oversight board tried unsuccessfully last year to wrest control of
Prepa from the governor, who won a federal court ruling keeping the
utility under local control, the report related.

Roughly a third of power customers are still without service more
than four months after the storm devastated the island's power
grid, which was left vulnerable by years of neglected maintenance
and underinvestment, the report further related.

Selling Prepa's assets will likely require the support of the
oversight board, which has competed with Gov. Rossello over energy
policy decisions and has recommended a series of measures to
transition Prepa from a government enterprise to a regulated
utility, the report noted.  Lawmakers from the minority party in
Puerto Rico criticized the governor's proposal, saying it risked
putting unscrupulous investors in charge of delivering energy, the
report added.

                          About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States that's facing a massive bond debt of $70 billion,
a 68% debt-to-GDP ratio and negative economic growth in nine of the
last 10 years.

The Commonwealth of Puerto Rico has sought bankruptcy protection,
aiming to restructure its massive $74 billion debt-load and $49
billion in pension obligations.

The debt restructuring petition was filed by Puerto Rico's
financial oversight board in U.S. District Court in Puerto Rico
(Case No. 17-01578) on May 3, 2017, and was made under Title III of
2016's U.S. Congressional rescue law known as the Puerto Rico
Oversight, Management, and Economic Stability Act ("PROMESA").

The Financial Oversight and Management Board later commenced Title
III cases for the Puerto Rico Sales Tax Financing Corporation
(COFINA) on May 5, 2017, and the Employees Retirement System (ERS)
and the Puerto Rico Highways and Transportation Authority (HTA) on
May 21, 2017.  On July 2, 2017, a Title III case was commenced for
the Puerto Rico Electric Power Authority ("PREPA").

U.S. Chief Justice John Roberts has appointed U.S. District Judge
Laura Taylor Swain to oversee the Title III cases.  The Honorable
Judith Dein, a United States Magistrate Judge for the District of
Massachusetts, has been designated to preside over matters that may
be referred to her by Judge Swain, including discovery disputes,
and management of other pretrial proceedings.

Joint administration of the Title III cases, under Lead Case No.
17-3283, was granted on June 29, 2017.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets, as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose; and Hermann D. Bauer, Esq., at
O'Neill & Borges are on-board as attorneys.

McKinsey & Co. is the Board's strategic consultant, Ernst & Young
is the Board's financial advisor, and Citigroup Global Markets Inc.
is the Board's municipal investment banker.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains a case web site at
https://cases.primeclerk.com/puertorico

Epiq Bankruptcy Solutions LLC is the service agent for ERS, HTA,
and PREPA.

O'Melveny & Myers LLP is counsel to the Commonwealth's Puerto Rico
Fiscal Agency and Financial Advisory Authority (AAFAF), the agency
responsible for negotiations with bondholders.

The Oversight Board named Professor Nancy B. Rapoport as fee
examiner and to chair a committee to review professionals' fees.

                      Bondholders' Attorneys

Toro, Colon, Mullet, Rivera & Sifre, P.S.C. and Kramer Levin
Naftalis & Frankel LLP serve as counsel to the Mutual Fund Group,
comprised of mutual funds managed by Oppenheimer Funds, Inc.,
Franklin Advisers, Inc., and the First Puerto Rico Family of Funds,
which collectively hold over $3.5 billion in COFINA Bonds and over
$2.9 billion in other bonds issued by Puerto Rico and other
instrumentalities, including over $1.8 billion of Puerto Rico
general obligation bonds ("GO Bonds").

White & Case LLP and Lopez Sanchez & Pirillo LLC represent the UBS
Family of Funds and the Puerto Rico Family of Funds, which hold
$613.3 million in COFINA bonds.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, Robbins, Russell,
Englert, Orseck, Untereiner & Sauber LLP, and Jimenez, Graffam &
Lausell are co-counsel to the ad hoc group of General Obligation
Bondholders, comprised of Aurelius Capital Management, LP, Autonomy
Capital (Jersey) LP, FCO Advisors LP, Franklin Mutual Advisers LLC,
Monarch Alternative Capital LP, Senator Investment Group LP, and
Stone Lion Capital Partners L.P.

Quinn Emanuel Urquhart & Sullivan, LLP and Reichard & Escalera are
co-counsel to the ad hoc coalition of holders of senior bonds
issued by COFINA, comprised of at least 30 institutional holders,
including Canyon Capital Advisors LLC and Varde Investment
Partners, L.P.

Correa Acevedo & Abesada Law Offices, P.S.C., is counsel to Canyon
Capital Advisors, LLC, River Canyon Fund Management, LLC, Davidson
Kempner Capital Management LP, OZ Management, LP, and OZ Management
II LP (the QTCB Noteholder Group).

                           Committees

The U.S. Trustee formed a nine-member Official Committee of
Retirees and a seven-member Official Committee of Unsecured
Creditors of the Commonwealth.  The Retiree Committee tapped Jenner
& Block LLP and Bennazar, Garcia & Milian, C.S.P., as its
attorneys.  The Creditors Committee tapped Paul Hastings LLP and
O'Neill & Gilmore LLC as counsel.


R.R. DONNELLEY ARGENTINA: Chapter 15 Case Summary
-------------------------------------------------
Chapter 15 Debtor:     R.R. Donnelley Argentina
                       c/o Sequor Law, P.A.
                       1001 Brickell Bay Drive, 9th Floor
                       Miami, FL 33131
                       Tel: 305-372-8282

Debtor's
Registered
Office:                Ruta Panamericana Km. 36,700
                       Garin, Escobar, Bs. Aires
                       Argentina

Type of Business:      R.R. Donnelley Argentina, S.A. is engaged
                       in managing, reproducing, and distributing
                       print and digital information for
                       publishing, merchandising, and information
                       technology customers.  The company prints
                       catalogs, inserts, magazines, books,
                       directories, computer documentation, and
                       financials.  In Latin America, R.R.
                       Donnelley partners with magazine and book
                       publishers, catalogers, retailers and
                       telecommunications companies.  R.R.
                       Donnelley Argentina, S.A. operates as
                       a subsidiary of R.R. Donnelley & Sons
                       Company.  As of Aug. 11, 2014, R.R.
                       Donnelley Argentina, S.A. is in
                       liquidation.

Foreign Proceeding
in which Appointment
of Foreign
Representative
Occurred:              R.R. Donnelley Argentina S.A.
                       s/ Propia Quiebra No. 22930/2014


Chapter 15
Petition Date:         January 24, 2018

Chapter 15 Case No.:   18-10862

Court:                 United States Bankruptcy Court
                       Southern District of Florida (Miami)

Judge:                 Hon. Robert A Mark

Chapter 15 Petitioner: Mario Osvaldo Risso              
                       Calle Pumacahua 279
                       Piso 2do
                       Ciudad de Buenos Aires
                       Argentina

Chapter 15
Petitioner's Counsel:  Arnoldo B Lacayo, Esq.
                       SEQUOR LAW P.A.
                       1001 Brickell Bay Drive, 9th Floor
                       Miami, FL 33131
                       Tel: 305-372-8282
                       Fax: 305-372-8202
                       Email: alacayo@sequorlaw.com

Estimated Assets: Unknown

Estimated Debts: Unknown

A full-text copy of the Chapter 15 petition is available at:

          http://bankrupt.com/misc/flsb18-10862.pdf


RED RIVER TIC: Taps Buddy D. Ford as Legal Counsel
--------------------------------------------------
Red River TIC - Pendleton, LLC, seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire Buddy
D. Ford, P.A. as its legal counsel.

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

The firm's hourly rates are:

     Buddy Ford, Esq.      $425
     Senior Associates     $375
     Junior Associates     $300
     Senior Paralegals     $150
     Junior Paralegals     $100

The Pendleton Family Trust, the Debtor's principal, paid an advance
fee of $7,000 prior to the petition date.

Buddy D. Ford does not represent any interest adverse to the Debtor
and its estate, according to court filings.

The firm can be reached through:

     Buddy D Ford, Esq.
     Jonathan A. Semach, Esq.
     Buddy D. Ford, P.A.
     9301 West Hillsborough Avenue
     Tampa, FL 33615-3008
     Tel: 813-877-4669
     Fax: 813-877-5543
     E-mail: Buddy@tampaesq.com
             Jonathan@tampaesq.com
             All@tampaesq.com

                About Red River TIC - Pendleton

Red River TIC - Pendleton, LLC, listed itself as a single asset
real estate (as defined in 11 U.S.C. Section 101(51B)).  The
company owns a 3.43% interest in Four Seasons Nursing Center - 1212
Four Seasons Drive, Durant, Oklahoma, Oak Ridge Nursing Center -
1100 Oak Ridge Drive, Durant, Oklahoma, and Brookside Manor Nursing
Center - Highway 99 South, Madill, Oklahoma, valued by the company
at $18 million.

Red River TIC - Pendleton, LLC sought protection under Chapter 11
of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-00194) on Jan.
11, 2018.  Ted K. Pendleton, manager, signed the petition.  At the
time of the filing, the Debtor disclosed $18 million in assets and
$7.68 million in liabilities.


RENTECH INC: Egan-Jones Lowers Sr. Unsecured Debt Ratings to D
--------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 2, 2018, downgraded the foreign
currency and local currency senior unsecured ratings for debt
issued by Rentech Inc. to D from CC.  EJR also lowered the foreign
currency and local currency commercial paper ratings on the Company
to D from C.

Rentech, Inc., is a Los Angeles, California, based United States
company that owns and operates wood fiber processing and nitrogen
fertilizer manufacturing businesses.


RISE ENTERPRISE: Hires Efrain Tirado Appraisal as Appraiser
-----------------------------------------------------------
Rise Enterprise, S.E., seeks authority from the U.S. Bankruptcy
Court for the District of Puerto Rico to employ Efrain Tirado
Appraisal Group, PSC, appraiser to the Debtor.

Rise Enterprise requires Efrain Tirado Appraisal to appraise the
Debtor's real properties located at Bo. Ortiz #7, Toa Alta, Puerto
Rico 00953; and Triple S Plaza, Suite 6A, 1510 F.D. Roosevelt
Avenue, Guaynabo, Puerto Rico 00968.

Efrain Tirado Appraisal will be paid at $1,400 for the appraisal of
the two real properties.

Efrain Tirado Appraisal will be paid a retainer in the amount of
$700.

Efrain Tirado Appraisal will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Efrain Tirado Martir, owner of Efrain Tirado Appraisal Group, PSC,
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.

Efrain Tirado Appraisal can be reached at:

     Efrain Tirado Martir
     EFRAIN TIRADO APPRAISAL GROUP, PSC
     1001 Ponce de Leon Avenue, Suite A
     San Juan, PR 00907
     Tel: (787) 977-1940
     Fax: (787) 977-1903
     E-mail: efraintirado@tasadorcomercial.com

                  About Rise Enterprise, S.E.

Rise Enterprises, S.E., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.P.R. Case No. 17-04678) on June 30, 2017.
Ismael Falcon Ortega, its partner, signed the petition.  The
Debtor estimated assets of less than $1 million and liabilities of
$1 million to $10 million.  Judge Mildred Caban Flores presides
over the case.  Mary Ann Gandia, Esq., at Gandia-Fabian Law Office,
serves as the Debtor's bankruptcy counsel.



ROTINI INC: Taps Gilman & Edwards as New Legal Counsel
------------------------------------------------------
Rotini, Inc. and TK Restaurant Management, Inc., have filed
separate applications seeking approval from the U.S. Bankruptcy
Court for the District of Columbia to hire Gilman & Edwards, LLC as
their new legal counsel.

Gilman & Edwards will replace the Law Offices of Morgan Fisher LLC.
The firm will advise the Debtors regarding their duties under the
Bankruptcy Code; represent them in any proceedings instituted in
connection with the use or disposition of their properties; assist
in the preparation of a plan of reorganization; and provide other
legal services related to their Chapter 11 cases.  

Richard Gilman, Esq., the attorney who will be handling the cases,
charges an hourly fee of $400.  The Debtors have agreed to pay his
firm an initial retainer of $12,500.

Mr. Gilman disclosed in a court filing that he and his firm do not
hold any interest adverse to the Debtors.

The firm can be reached through:

     Richard L. Gilman, Esq.
     8401 Corporate Dr., Suite 450
     Landover, MD 20785
     Tel: (301) 731-3303
     Fax: (301) 731-3072
     E-mail: rgilman@gilmanedwards.com

                         About Rotini Inc.

Rotini, Inc. and TK Restaurant Management, Inc., sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D.D.C. Case Nos.
17-00270 and 17-00269) on May 6, 2017.  Karen Kowkabi, president,
signed the petitions.  

At the time of the filing, Rotini estimated assets of less than
$50,000 and liabilities of $1 million to $10 million.  TK
Restaurant estimated assets of less than $50,000 and liabilities of
less than $1 million.

Judge S. Martin Teel, Jr. presides over the cases.

Located in Washington, DC, Rotini Inc. is a small business debtor
as defined in 11 U.S.C. Section 101(51D) and is engaged in the
restaurants business.  It previously sought bankruptcy protection
on June 14, 2013 (Bankr. D.C. Case No. 13-00380) and Sept. 23, 2014
(Bank. D. D.C. Case No. 14-00514).


SCIENTIFIC GAMES: Moody's Affirms B2 CFR, Rates Term Loan B5 'Ba3'
------------------------------------------------------------------
Moody's Investors Service affirmed Scientific Games Corporation's
("SGC") B2 Corporate Family Rating and B2-PD Probability of Default
Rating. Moody's additionally assigned a Ba3 rating to Scientific
Games International, Inc.'s proposed $3,775 million senior secured
term loan B5. Moody's also affirmed Scientific Games International,
Inc.'s Caa1 rated senior unsecured notes and Caa1 rated
subordinated notes, and upgraded the rating on the company's senior
secured revolver and senior secured notes to Ba3 from B1. The
company's SGL-2 Speculative Grade Liquidity rating was affirmed,
and the outlook is stable.

Proceeds from the company's proposed $3,775 million term loan B5
(upsized $500 million and to be repriced as compared to the
existing term loan B4) and a combination of new senior secured
notes as well as approximately $300 million of new senior unsecured
notes, will be used to refinance the existing term loan B4,
refinance approximately $1,400 million of 7% senior secured notes
due 2022 and approximately $185 million of borrowings under its
revolving credit facility, as well as pay related premiums, fees
and expenses. The company's revolver due 2020 is also expected to
be upsized by an additional $24 million as part of the transaction.
The rating on the existing term loan B4 will be withdrawn upon the
close of the transaction.

The affirmation of Scientific Game's B2 Corporate Family Rating
reflects the expected benefits of the repricing of the company's
term loan and refinancing transactions, including a reduction in
annual cash interest expense and the extension of debt maturities.
The proposed transaction is largely debt neutral, should be
accretive to the company's free cash flow and aligns with Moody's
expectation for continued reduction in leverage from current
levels, which is key to the company maintaining its existing
rating.

Affirmations:

Issuer: Scientific Games Corporation

-- Corporate Family Rating, Affirmed B2

-- Probability of Default Rating, Affirmed B2-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-2

Issuer: Scientific Games International, Inc.

-- Senior Subordinated Regular Bond/Debenture, Affirmed Caa1
    (LGD6)

-- Senior Unsecured Regular Bond/Debenture, Affirmed Caa1 (LGD5)

Assignments:

Issuer: Scientific Games International, Inc.

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

Upgrades:

Issuer: Scientific Games International, Inc.

-- Senior Secured Bank Credit Facility, Upgraded to Ba3 (LGD3)
    from B1 (LGD3)

-- Senior Secured Regular Bond/Debenture, Upgraded to Ba3 (LGD3)
    from B1 (LGD3)

Outlook Actions:

Issuer: Scientific Games Corporation

-- Outlook, Remains Stable

RATINGS RATIONALE

Scientific Games Corporation's B2 Corporate Family Rating considers
the company's significant leverage that weakly positions the
company at its current rating. Despite improvement in SGC's
leverage since the company's largely debt-financed $5.1 billion
acquisition of Bally Technologies, Inc. in November 2014 and more
recent largely debt financed acquisition of NYX Gaming Group
Limited ("NYX"), Moody's expect debt/EBITDA will remain high
through fiscal 2018. Another key credit concern is the less than
favorable outlook for slot machine demand that will increasingly
pressure revenue and earnings, both in terms of pricing and demand,
for the company's Gaming operating segment.

Partly mitigating SGC's high leverage is the company's plan to
further leverage recent cost reduction efforts and accelerate its
deleveraging efforts. Moody's currently expects debt/EBITDA will
drop towards 6.0 times by the end of fiscal 2018 through a modest
amount of absolute debt reduction, 5% annual revenue growth, with
margin improvement further leveraging expense reductions. On a
combined basis, Moody's expects these factors will contribute to
low double digit EBITDA growth over the next twelve to eighteen
months. Positive rating consideration is given to SGC's large
recurring revenue base. The contract based nature of a majority of
SGC's revenue provides some level of revenue and earnings
stability. The company is also well-positioned to benefit from the
growth of digital gaming products. SGC owns a large portfolio of
complementary gaming products and services, both digital and
non-digital, that it can utilize and cross-sell globally among its
various distribution platforms.

SGC's stable rating outlook takes into consideration the company's
plans to reduce leverage, a key factor needed for SGC to avoid a
downgrade. The stable outlook is also supported by the company's
good liquidity profile. SGC benefits from having no near-term debt
maturities along with Moody's expectation that the company will
remain in compliance with the financial covenants contained in its
credit facilities agreement, and only use a relatively small amount
of its revolver on a regular basis to fund operating activities.

A ratings upgrade is not likely in the foreseeable future given
Moody's expectation that SGC's leverage will remain high. A higher
rating is possible over the longer-term to the extent the company
demonstrates sustainable earnings and free cash flow improvement
and achieves and maintains debt/EBITDA at or below 5.0 times. SGC's
ratings could be lowered if it appears that, for any reason, the
company is not tracking towards reducing debt/EBITDA towards 6.0
times by the end of fiscal 2018.

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

Scientific Games Corporation is a developer of technology-based
products and services and associated content for worldwide gaming,
lottery, social and digital gaming markets. SGC is the parent
company of Scientific Games International, Inc., the direct
borrower of over $8 billion of SGC's rated debt. SGC is a publicly
traded company (NASDAQ:SGMS) with consolidated revenue for the
latest 12-month period ended September 30, 2017 of approximately $3
billion.


SCIENTIFIC GAMES: S&P Affirms 'B' CCR on New Financing Transaction
------------------------------------------------------------------
S&P Global Ratings affirmed its ratings on Las Vegas-based
Scientific Games Corp., including its 'B' corporate credit rating.
The outlook is stable.  

S&P said, "At the same time, we assigned our 'B+' issue-level
rating and '2' recovery rating to the company's proposed $3.8
billion term loan B-5 due 2024. The '2' recovery rating reflects
our expectation for substantial recovery (70% to 90%; rounded
estimate: 80%) for lenders in the event of a payment default."

The proposed term loan B-5 will be issued by Scientific Games'
direct subsidiary, Scientific Games International Inc.

Scientific Games plans to use proceeds from the proposed term loan
B-5, along with anticipated additional senior secured notes and
around $300 million in new senior unsecured notes, to refinance its
existing term loan B-4, repay a portion of its balances under its
revolver, and repay $1.4 billion of principal under the company's
existing $2.1 billion 7% senior secured notes due 2022.

S&P will withdraw its ratings on the term loan B-4 once it is fully
repaid.

S&P said, "The affirmation of our 'B' corporate credit rating
reflects our expectation for adjusted EBITDA coverage of interest
to remain in the low-2x area through 2019 and for adjusted leverage
to improve modestly over the next several quarters through EBITDA
growth and modest debt reduction. We are forecasting adjusted debt
to EBITDA to improve to around 7x in 2018 from the mid-7x area at
the end of 2017.

"The stable outlook reflects our expectation that Scientific Games
will achieve modest EBITDA growth and debt reduction over the next
year, but that adjusted debt to EBITDA will remain high, at around
7x, through 2018. Nevertheless, we expect EBITDA coverage of
interest will remain in the low-2x area and we believe the company
will continue to use free cash flow to reduce debt balances over
time, which will support continued improvement in leverage to below
7x in 2019.  

"We could revise the outlook to negative or lower the ratings if
adjusted EBITDA coverage of interest deteriorates toward the mid-1x
area, discretionary cash flow generation is insufficient to support
continued debt reduction, or the company's liquidity position
becomes impaired. A deterioration of interest coverage and a
decline in discretionary cash flow generation and liquidity would
likely result if EBITDA underperformed our 2018 forecast by about
30% or more, which we believe is unlikely. We would also consider
lower ratings if we believed the company's relatively good market
position in the lottery, gaming, or systems segments had eroded.

"We would consider higher ratings if we believed Scientific Games
could sustain adjusted debt to EBITDA below 7x and EBITDA coverage
of interest above 2x, incorporating EBITDA volatility over the
economic cycle, acquisitions and variability in capital spending
needs for lottery contracts. This would likely result from an
outperformance of EBITDA relative to our base case, or a meaningful
reduction in debt."


SEARS HOLDINGS: S&P Cuts CCR to 'CC' on Announced Debt Exchange
---------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Sears
Holdings Corp. to 'CC' from 'CCC-'. The outlook is negative.

S&P said, "At the same time, we lowered the issue-level ratings on
the 6.625% senior secured second lien notes due Oct. 15, 2018 to
'CC' from 'CCC', and the senior unsecured notes (maturing between
2027 and 2043 bearing interest between 6.50% and 7.50%) to 'CC'
from 'CCC-'.

"We affirmed the 'C' issue-level rating on the 8% senior unsecured
notes due Dec. 15, 2019. All recovery ratings on these notes are
unchanged.

The downgrade follows Sears' announced offer to exchange some of
its notes (8% senior unsecured notes due 2019 and the 6.625% senior
secured notes due 2018) and amend the terms of its credit agreement
for its second-lien term loan. S&P said, "We would treat the
proposed transactions, if completed, as tantamount to a default. We
base this on our view that the PIK option and maturity extension
differs from the original promise on the debt issues and represents
a distressed exchange under our criteria."

S&P said, "The negative outlook reflects our expectation that, if
the proposed transactions are completed, we will lower the
corporate credit rating to 'SD' (selective default) and the
issue-level ratings on the affected debt facilities to 'D'."


SEASTAR HOLDINGS: U.S. Trustee Forms 2-Member Committee
-------------------------------------------------------
Andrew R. Vara, Acting U.S. Trustee for Region 3, on Jan. 23
appointed two creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of SeaStar Holdings,
Inc., and its affiliates.

The committee members are:

     (1) Aviation Inventory Resources, Inc.
         Attn: Morgan Whitehead
         12240 E. FM Highway 917
         Alvarado, TX 76009
         Tel: (817) 672-0060
         Fax: (817) 672-0064

     (2) Lamar Aero Inc.
         6694 Columbia Park Drive S.
         Jacksonville, FL 32258
         Tel: (904) 364-2111
         Fax: (904) 592-5884

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 SeaStar Holdings

Based in Puerto Rico, SeaStar Holdings, Inc., doing business as
Seaborn Airlines, serves local passengers within the Caribbean and
connecting traffic to numerous locations within or outside the
United States through code share or interline arrangements with
multiple airline partners.  The Company's fleet consists of seven
34-seat Saab 34088s and one 15-seat Twin Otter Seaplane.  The
majority of the Company's inter-island flights are via the Saab
fleet.  The Seaplane serves as the primary air transportation
between St. Croix and St. Thomas in the U.S. Virgin Islands.

SeaStar Holdings, Inc., along with affiliates Seaborne Virgin
Islands, Inc., and Seaborne Puerto Rico, LLC, sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 18-10039) on Jan. 8, 2018.
The Hon. Christopher S. Sontchi is the case judge.

SeaStar Holdings estimated assets of $1 million to $10 million and
debt of $10 million to $50 million as of the bankruptcy filing.  

Adam G. Landis, Esq., Kerri K. Mumford, Esq., and Travis J.
Ferguson, Esq., at Landis Rath & Cobb LLP, serve as the Debtors'
bankruptcy counsel.  Sonoran Capital Advisors LLC is the Debtors'
restructuring advisor.  Stinson Leonard Street LLP is the special
regulatory counsel.  Seabury Corporate Advisors LLC is the
investment banker.  Rust Consulting/Omni Bankruptcy is the claims
and noticing agent.


SENIOR CARE GROUP: Okayed to Use $70,000 Cash for Smoky Ridge
-------------------------------------------------------------
Judge Catherine Peek McEwen of the U.S. Bankruptcy Court for the
Middle District of Florida signed an order authorizing Senior Care
Group, Inc., and its affiliates to loan $70,000 to Senior Care
Group Yancey, LLC in accordance with the terms of the Motion.

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

            http://bankrupt.com/misc/flmb17-06562-330.pdf

As reported by the Troubled Company Reporter on Jan. 5, 2018, the
Debtors sought authorization to use cash collateral to advance
$70,000 to Senior Care Group of Yancey, LLC, on Dec. 27, 2017,
which will be repaid on Jan. 3, 2018.

Senior Care has 13 wholly-owned subsidiaries which operate nursing
homes, a rehabilitation company, and a home health care facility in
Florida, North Carolina, Oklahoma, and Georgia.  One of the
subsidiaries is Senior Care Group of Yancey, LLC which operates a
facility known as Smoky Ridge.

The Court has entered orders authorizing the Debtors' use of cash
collateral amounts to budgets.  However, Smoky Ridge has a problem
with the timing of receiving its Medicaid payment from the State of
North Carolina. As a result of the state's timing for its Medicaid
payment, Smoky Ridge will not receive Medicaid payments until
January 3, 2018, and Smoky Ridge has a payroll due on December 28,
2017. Without such a short-term advance, Smoky Ridge cannot pay its
employees.

The Debtors believe that Fifth Third and HUD may assert security
interests in the Debtors' accounts receivable and other proceeds
from the business.  As adequate protection for the use of cash
collateral, the Debtors will provide the Creditors that have a lien
on accounts receivable with a replacement lien on assets acquired
after the Petition Date to the same extent, validity, and priority
as existed on the Petition Date.

                    About Senior Care Group

Senior Care Group, Inc., is a non-profit corporation which, through
its wholly-owned subsidiaries, provides residents and patients with
nursing and long-term health care services.

Senior Care Group and its six affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Lead Case No.
17-06562) on July 27, 2017.  In the petition signed by David R.
Vaughan, chairman of the Board, Senior Care Group estimated assets
and liabilities of $1 million to $10 million.

Judge Catherine Peek Mcewen presides over the cases.

Stichter Riedel Blain & Postler, P.A., is the Debtors' bankruptcy
counsel, and Akerman LLP is the special healthcare counsel.

The Debtors also tapped Holliday Fenoglio Fowler, LP, as broker.

The U.S. Trustee for Region 21 appointed Mary L. Peebles as the
patient care ombudsman for Key West Health and Rehabilitation
Center LLC, SCG Baywood LLC, SCG Gracewood LLC, and SCG
Laurellwood, LLC.

On Aug. 18, 2017, the U.S. trustee appointed an official committee
of unsecured creditors.  The committee hired Stevens & Lee, P.C.,
as its bankruptcy counsel; and Trenam, Kemker, Scharf, Barkin,
Frye, O'Neill & Mullis, P.A., as co-counsel.


SERTA SIMMONS: Bank Debt Due 2023 Trades at 18.84% Off
------------------------------------------------------
Participations in a syndicated loan due 2023 under which Serta
Simmons Bedding LLC is a borrower traded in the secondary market at
94.55 cents-on-the-dollar during the week ended Friday, January 19,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 1.26 percentage points
from the previous week.  Serta Simmons Bedding LLC pays 350 basis
points above LIBOR to borrow under the $1.950 billion facility. The
bank loan matures on Nov. 8, 2023 and Moody's B2 rating and
Standard & Poor's B rating.  The loan is one of the biggest gainers
and losers among 247 widely quoted syndicated loans with five or
more bids in secondary trading for the week ended January 19.


SERTA SIMMONS: Bank Debt Due 2024 Trades at 11.50% Off
------------------------------------------------------
Participations in a syndicated loan due 2024 under which Serta
Simmons Bedding LLC is a borrower traded in the secondary market at
88.50 cents-on-the-dollar during the week ended Friday, January 19,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents an increase of 2.71 percentage points
from the previous week. Serta Simmons Bedding LLC pays 800 basis
points above LIBOR to borrow under the $450 million facility. The
bank loan matures on Nov. 8, 2024 and Moody's Caa1 rating and
Standard & Poor's CCC+ rating.  The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended January
19.


SKILLSOFT CORP: Bank Debt Trades at 2.96% Off
---------------------------------------------
Participations in a syndicated loan under which Skillsoft Corp is a
borrower traded in the secondary market at 97.04
cents-on-the-dollar during the week ended Friday, January 19, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.00 percentage points from the
previous week.  Skillsoft Corp pays 475 basis points above LIBOR to
borrow under the $465 million facility. The bank loan matures on
Apr. 28, 2021 and carries Moody's B3 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended January 19.








SKYPATROL LLC: Hires Frankel as Special Litigation Counsel
----------------------------------------------------------
Skypatrol, LLC, seeks authority from the U.S. Bankruptcy Court for
the Southern District of Florida to employ the Law Offices of
Robert P. Frankel, P.A., as special litigation counsel to the
Debtor.

Skypatrol, LLC requires Frankel to represent and assist the Debtor
in the following cases:

   -- VBI Group and Mahrouq in the case styled Skypatrol, LLC,
      Plaintiff, vs. VBI Group, LLC, et al, Defendants, Case No.
      17-23954 CA 34 in the Circuit Court for the Eleventh
      Judicial Circuit In and For Miami-Dade County Florida, for
      (i) breach of contract, (ii) action on guaranty, (iii)
      action on security agreement and (iv) action for breach of
      shared services agreement.

   -- Evolution Track and Jesus Garcia ("Garcia"), in the case
      styled Skypatrol, LLC, Plaintiff, vs. Evolution Track, S.A.
      DE C.V., et al, Defendants, Case No. 17-26582 CA 27 in
      the Circuit Court for the Eleventh Judicial Circuit In and
      For Miami-Dade County Florida, for (i) breach of contract,
      (ii) open account, (iii) account stated (iv) goods sold and
      (v) conversion against Evolution Track and Garcia.

Frankel will be paid at the hourly rate of $500.

Prior to the filing of the Chapter 11 Petition, Frankel performed
legal services to the Debtor and is owed $1,056 for prepetition
services.

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

Robert P. Frankel, partner of the Law Offices of Robert P. Frankel,
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.

Frankel can be reached at:

     Robert P. Frankel, Esq.
     LAW OFFICES OF ROBERT P. FRANKEL, P.A.
     1000 South Pine Island Road, Suite 410
     Plantation, FL 33324
     Tel: (305) 358-5690

                        About Skypatrol

Skypatrol, LLC -- https://www.skypatrol.com/ -- provides integrated
Global Positioning System (GPS) tracking solutions serving many
markets including vehicle finance, fleet management, mobile asset
tracking, automobile dealerships, outdoor sports and motor sports.
Skypatrol has built innovative GPS tracking and fleet management
software tools uniquely combined with its proprietary GPS hardware
and software to help businesses monitor, protect and optimize
mobile assets in an increasingly machine-to-machine world.

Skypatrol systems operate on a wide variety of platforms including
Global System for Mobiles (GSM) and Code Division Multiple Access
(CMDA) cellular networks and dual mode Iridium satellite devices.

The company was established in 2002 and is based in Miami,
Florida.

Skypatrol filed a Chapter 11 petition (Bankr. S.D. Fla. Case No.
17-24842) on Dec. 13, 2017.  In the petition signed by CEO Robert
D. Rubin, the Debtor disclosed $3.63 million in total assets and
$7.39 million in total liabilities.

The case is assigned to Judge Robert A. Mark.

The Debtor's bankruptcy attorney is Joel L. Tabas, Esq. at Tabas &
Soloff, P.A.  The Debtor tapped the Law Offices of Robert P.
Frankel, P.A., as special litigation counsel.


SOLID ESTATE INVESTMENTS: Taps Slipakoff & Slomka as Legal Counsel
------------------------------------------------------------------
Solid Estate Investments, LLC, seeks approval from the U.S.
Bankruptcy Court for the Northern District of Georgia to hire
Slipakoff & Slomka, PC, as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; conduct examinations; represent the Debtor with
respect to any proposed bankruptcy plan; and provide other legal
services related to its Chapter 11 case.

Slipakoff charges an hourly fee of $350 for its attorneys and $185
for legal assistants.  The firm received a sum of $18,217,
including the filing fee of $1,717, from the Debtor prior to the
petition date.

Howard Slomka, Esq., at Slipakoff, disclosed in a court filing that
he and his firm do not hold or represent any interest adverse to
the Debtor and its estate.

The firm can be reached through:

     Howard P. Slomka, Esq.
     Slipakoff & Slomka, PC
     Overlook III
     2859 Paces Ferry Road, SE Suite 1700
     Atlanta, GA 30339
     Email: se@myatllaw.com

                 About Solid Estate Investments

Solid Estate Investments, LLC, is a real estate agents and manager
located in Stone Mountain, Georgia.  Solid Estate sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga. Case No.
17-72345) on Dec. 30, 2017.  Allen Richardson, manager, signed the
petition.  At the time of the filing, the Debtor estimated assets
and liabilities of less than $1 million.  Slipakoff & Slomka, PC,
is the Debtor's legal counsel.


SOUTHSIDE CHURCH: Case Summary & 2 Unsecured Creditors
------------------------------------------------------
Debtor: Southside Church of Christ of Jacksonville, Inc.
        2627 Spring Glen Road
        Jacksonville, FL 32207

Business Description: Southside Church of Christ of Jacksonville,
                      Inc. is a tax-exempt religious organization
                      in Jacksonville, Florida.  The company is
                      a small business Debtor as defined in 11
                      U.S.C. Section 101(51D).

Chapter 11 Petition Date: January 24, 2018

Case No.: 18-00219

Court: United States Bankruptcy Court
       Middle District of Florida (Jacksonville)

Judge: Hon. Jerry A. Funk

Debtor's Counsel: Nicholas W Morcom, Esq.
                  WOOLSEY MORCOM, PLLC
                  203 Fort Wade Road, Suite 105
                  Ponte Vedra, FL 32081
                  Tel: 904-638-4225
                  Fax: 904-638-9302
                  E-mail: nick@woolseymorcom.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Harold A. Rollinson, president.

A copy of the Debtor's list of two unsecured creditors is available
for free at:

     http://bankrupt.com/misc/flmb18-00219_creditors.pdf

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

         http://bankrupt.com/misc/flmb18-00219.pdf


SPORTS ZONE: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 cases of The Sports Zone, Inc., and The
Zone 220, LLC, as of Jan. 23, 2018, according to a court docket.

                     About The Sports Zone

Based in Beltsville, Maryland, Sports Zone --
https://sportszoneelite.com -- operates retail stores offering
brands like Adidas, New Balance, and The North Face.  Since 1985,
the Debtors have operated sneaker and sporting apparel stores at
shopping malls in Maryland, Virginia, and the District of
Columbia.

As recently as September 2017, the Debtors operated 28 stores.  In
September 2017, the Debtors closed 17 of its stores, leaving 11
stores open.  The Debtors intend to close one more store in January
2018.  Each of the Debtors is 100% owned by The Sports Zone, Inc.

Nine subsidiaries of The Sports Zone, Inc. (Bankr. D. Md. Case No.
17-26758) that filed voluntary petitions for bankruptcy relief and
protection under Chapter 11 of the Bankruptcy Code on Dec. 21,
2017.  The petitions were signed by Michael Dahan, CEO of The
Sports Zone,

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

Justin P. Fasano, Esq., Janet M. Nesse, Esq. and Craig M. Palik,
Esq., at McNamee Hosea.

Debtor The Zone 220, LLC listed Fairfax Company of Virginia LLC as
its sole unsecured creditor holding a claim of $11,279.


ST. JOHN TRUCKING: Taps The Cooper Law Firm as Legal Counsel
------------------------------------------------------------
St. John Trucking Service, Inc. seeks approval from the U.S.
Bankruptcy Court for the District of South Carolina to hire The
Cooper Law Firm as its legal counsel.

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

Robert Cooper, Esq., the attorney who will be handling the case,
charges an hourly fee of $295.  The firm's associates and
paralegals charge $195 per hour and $95 per hour, respectively.

The Debtor paid the firm a retainer in the sum of $11,283, plus
$1,717 for court costs.

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

The firm can be reached through:

     Robert H. Cooper, Esq.
     The Cooper Law Firm
     150 Milestone Way, Suite B
     Greenville, SC 29615
     Tel: (864) 271-9911
     Fax: (864) 232-5236

                  About St. John Trucking Service

St. John Trucking Service, Inc. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. D. S.C. Case No. 17-06344) on Dec.
20, 2017.  Judge Helen E. Burris presides over the case.  At the
time of the filing, the Debtor estimated assets and liabilities of
less than $500,000.  The Cooper Law Firm is the Debtor's legal
counsel.


STARWOOD PROPERTY: Moody's Assigns Ba3 Sr. Unsecured Notes Rating
-----------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to Starwood
Property Trust, Inc.'s senior unsecured notes, with a stable
outlook. The company's corporate family and senior secured term
loan ratings remain unchanged at Ba2 and Ba1, respectively.

RATINGS RATIONALE

The Ba3 rating assigned to the proposed notes is based on
Starwood's Ba2 credit profile, the priority and proportion of the
notes in Starwood's debt capital structure, and the strength of the
notes' asset coverage. Terms of the notes are consistent with those
of Starwood's existing senior unsecured notes. Proceeds of the
transaction will be used to repay debt, which Moody's estimates
will moderately reduce the percentage of secured debt in Starwood's
funding profile, a credit positive.

Starwood's Ba2 corporate family rating is supported by its strong
franchise in commercial mortgage lending, investment management,
CMBS special servicing, and property investment. The company has a
disciplined approach to credit risk management that underscores its
strong asset quality performance. Starwood has strong capital
adequacy and profitability, adjusting for consolidated variable
interest entities (VIE). Starwood's issuance of unsecured notes has
improved its funding diversity, but it continues to have a higher
reliance on secured debt than some lending peers. Starwood is
externally managed by SPT Management, LLC (unrated) and is an
affiliate of the privately owned Starwood Capital Group (SCG). This
arrangement provides the company with an experienced management
team and the ability to leverage SCG's considerable expertise in
commercial real estate investment.

Ratings could be upgraded if Starwood further diversifies its
funding sources to include additional senior unsecured debt and
less reliance on short-term funding sources, maintains strong,
stable profitability and low credit losses, and maintains leverage
of less than 2.0x. Ratings could be downgraded if the company
encounters material liquidity challenges, its leverage materially
increases, or its profitability significantly weakens.

Starwood Property Trust [NYSE: STWD] is the largest commercial
mortgage REIT in the US.


STARWOOD PROPERTY: S&P Rates New $400MM Unsecured Notes 'BB-'
-------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB-' debt rating to
Starwood Property Trust Inc.'s proposed offering of $400 million of
senior unsecured notes due January 2021. The debt rating is one
notch below S&P's 'BB' long-term issuer credit rating on Starwood
Property Trust Inc. because the company's priority debt is greater
than 30% of adjusted assets, although unencumbered assets
comfortably cover the unsecured debt.

The company intends to use all or substantially all of the net
proceeds from this offering to pay down the $370 outstanding of
convertible senior notes due 2018, and to use the remainder to pay
down secured repurchase facilities. S&P said, "We expect the
issuance will be leverage neutral, with debt to adjusted total
equity of about 2.0x, consistent with our expectation that the
company will operate with leverage of 1.75x–2.5x. We view the
related unencumbering of assets pledged to secured financing
facilities favorably."

  RATINGS LIST

  Starwood Property Trust Inc.
   Issuer Credit Rating                BB/Stable/--

  New Rating
  Starwood Property Trust Inc.
   Senior Unsecured   
    $400 mil notes due January 2021    BB-


SUPER QUALITY CLEANERS: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Super Quality Cleaners, LLC as
of Jan. 24, according to a court docket.

              About Super Quality Cleaners, LLC

Super Quality Cleaners, LLC is a dry-cleaning plant located in
Colorado Springs, Colorado.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Colo. Case No. 17-20703) on November 21, 2017.  At
the time of the filing, the Debtor disclosed that it had estimated
assets and liabilities of less than $500,000.

Judge Michael E. Romero presides over the case.

The Debtor hired Wadsworth Warner Conrardy, P.C. as its bankruptcy
counsel and Waugh & Goodwin, LLP as its accountant.


TITAN INT'L: Egan-Jones Cuts Sr. Unsecured Debt Ratings to CCC+
---------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 3, 2018, downgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Titan International Inc. to CCC+ from B-.  EJR also downgraded
the foreign currency and local currency commercial paper ratings on
the Company to C from B.

Titan International, Inc., is a manufacturer of wheels, tires and
undercarriage systems and components for off-highway vehicles used
in the agricultural, earthmoving/construction and consumer
segments.


TRI-STAR CONSTRUCTION: Taps Totaro & Shanahan as Legal Counsel
--------------------------------------------------------------
Tri-Star Construction and Restoration Services Inc. seeks approval
from the U.S. Bankruptcy Court for the Central District of
California to hire Totaro & Shanahan as its legal counsel.

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

The firm charges an hourly fee of $550 for its attorneys and $150
for paralegals.  It received a retainer in the sum of $12,000 from
the Debtor.

Michael Totaro, Esq., disclosed in a court filing that he and his
firm are "disinterested" as defined in section 101(14) of the
Bankruptcy Code.

Totaro & Shanahan can be reached through:

     Michael R. Totaro, Esq.
     Totaro & Shanahan
     P.O. Box 789
     Pacific Palisades, CA 90272
     Tel: 310-573-0276
     Fax: 310-496-1260
     E-mail: Ocbkatty@aol.com

                  About Tri-Star Construction and
                     Restoration Services Inc.

Tri-Star Construction and Restoration Services, Inc., is a
privately-held company that provides water damage restoration, mold
repair and fire damage repair services in Anaheim, California.  It
is a small business debtor as defined in 11 U.S.C. Section
101(51D).

X Tri-Star Construction sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Calif. Case No. 18-10006) on Jan. 3,
2018.  Salvador Reyes Gomez, president, signed the petition.  At
the time of the filing, the Debtor disclosed $1.23 million in
assets and $613,407 in liabilities.  Judge Erithe A. Smith presides
over the case.


TRUE PRODUCTS: Taps Buddy D. Ford as Legal Counsel
--------------------------------------------------
True Products, Inc. seeks approval from the U.S. Bankruptcy Court
for the Middle District of Florida to hire Buddy D. Ford, P.A., as
its legal counsel.

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

The firm's hourly rates are:

     Buddy Ford, Esq.      $425
     Senior Associates     $375
     Junior Associates     $300
     Senior Paralegals     $150
     Junior Paralegals     $100

Rodney Vincent, the Debtor's principal, paid an advance fee of
$1,717, which was used to pay for the filing fee.

Buddy D. Ford does not represent any interest adverse to the Debtor
and its estate, according to court filings.

The firm can be reached through:

     Buddy D Ford, Esq.
     Jonathan A. Semach, Esq.
     Buddy D. Ford, P.A.
     9301 West Hillsborough Avenue
     Tampa, FL 33615-3008
     Tel: 813-877-4669
     Fax: 813-877-5543
     E-mail: Buddy@tampaesq.com
             Jonathan@tampaesq.com
             All@tampaesq.com

                     About True Products Inc.

True Products, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-00204) on January 11,
2018.  At the time of the filing, the Debtor disclosed that it had
estimated assets and liabilities of less than $500,000.


TSC/GREEN ACRES: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 cases of TSC/Green Acres Road, LLC, as
of Jan. 23, 2018, according to a court docket.

                   About TSC/Green Acres and
                      TSC/Nester's Landing

Based in Columbia, Maryland, TSC/Green Acres Road owns in fee
simple interest subdivided lots located at 7345 Green Acres Drive,
Glen Burnie, MD valued by the company at $2.08 million.  Its
affiliate TSC/Nester's Landing is also the fee simple owner of a
property located at 1915 Turkey Point Road, Baltimore County
(consisting of subdivided lots) valued at $1.89 million.

TSC/Green Acres Road, LLC and its affiliate TSC/Nester's Landing,
LLC filed separate Chapter 11 bankruptcy petitions (Bankr. D. Md.
Case Nos. 17-25912 and 17-25913, respectively) on Nov. 28, 2017.
Gerard McDonough, trustee for AN&J Family Trust, signed the
petitions.

TSC/Green Acres Road disclosed total assets of $2.57 million and
total liabilities of $2.60 million as of the bankruptcy filing.
TSC/Nester's Landing disclosed total assets of $1.89 million and
total liabilities of $1.69 million.

The Hon. David E. Rice presides over TSC/Green Acres' case, while
the Hon. Robert A. Gordon is assigned to TSC/Nester's Landing's
case.

David W. Cohen, Esq., at the Law Office of David W. Cohen, serves
as counsel to the Debtors.


TSC/JMJ SNOWDEN: Hires KLNB LLC as Real Estate Broker
-----------------------------------------------------
TSC/JMJ Snowden River South, LLC, seeks authority from the U.S.
Bankruptcy Court for the District of Maryland to employ KLNB, LLC,
as real estate broker to the Debtor.

TSC/JMJ Snowden requires KLNB LLC to market and sell the Debtor's
property located at three buildings located at 9301, 9309 and 9315
Snowden River Parkway, Columbia, Maryland. The Property comprises
116,231 square feet of rentable space on 14.35 acres of land zoned
NT-M1.

KLNB LLC will be paid as follows:

   -- if the Property is sold together with certain non-debtor
      properties that bring the aggregate sales price to more
      than $20,000,000, a 1.75% commission on the gross sale
      proceeds from the Property would be due.

   -- If the Property is sold alone, a 3% commission on the
      gross sale proceeds from the Property would be due if no
      other broker is involved, or a 4% commission would be due
      if the sale is co-brokered.

Robert Z. Smith, principal of KLNB, LLC, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtor and its estates.

KLNB LLC can be reached at:

     Robert Z. Smith
     KLNB, LLC
     6011 University Boulevard, Suite 350
     Ellicott City, MD 21043
     Tel: (410) 290-1110

               About TSC/JMJ Snowden River South

TSC/JMJ Snowden River South, LLC, filed as a "single asset real
estate" whose principal assets are located at 9301, 9309 and 9315
Snowden River Parkway Columbia, Maryland.  TSC/JMJ Snowden is an
affiliate of College Park Investments, LLC, which sought bankruptcy
protection (Bankr. D. Md. Case No. 17-22678) on Sept. 22, 2017.

TSC/JMJ Snowden filed a Chapter 11 petition (Bankr. D. Md. Case No.
17-24150) on Oct. 23, 2017.  In the petition signed by Manager
Bruce S. Jaffe, the Debtor estimated assets and liabilities at $10
million to $50 million.  Judge Thomas J. Catliota presides over the
case.  Lawrence A. Katz, Esq., at Hirschler Fleischer, serves as
the Debtor's legal counsel.


UNIFIED GRAPHICS: Hires FisherBroyles as Counsel
------------------------------------------------
Unified Graphics & Signs, LLC, seeks authority from the U.S.
Bankruptcy Court for the Northern District of Texas to employ
FisherBroyles, LLP, as counsel to the Debtor.

Unified Graphics requires FisherBroyles to:

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

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

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

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

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

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

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

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

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

FisherBroyles will be paid at these hourly rates:

     Attorneys                  $350
     Paralegals                 $150

Prior to the filing of the bankruptcy case, the Debtor paid
FisherBroyles a $7,500 retainer for services rendered and to be
rendered in the Bankruptcy Case. The Debtor also paid FisherBroyles
the filing fee of $1717. Prior to the commencement of the
Bankruptcy Case, FisherBroyles drew down the retainer, leaving a
remaining balance. As of the Petition Date, FisherBroyles has not
received any compensation for post-petition services.

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

H. Joseph Acosta, partner of FisherBroyles, 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.

FisherBroyles can be reached at:

     H. Joseph Acosta, Esq.
     FISHERBROYLES, LLP
     4514 Cole Avenue, Suite 600
     Dallas, TX 75205
     Tel: (214) 614-8939
     Fax: (214) 614-8992
     E-mail: joseph.acosta@fisherbroyles.com

                    About Unified Graphics

Founded in 2013, Unified Graphics & Signs, LLC, is a screen
printer, digital printer and trade shop.  The Company is owned
solely by Anthony Vallejo, the managing member.  It is
headquartered in Fort Worth, Texas, and currently employs two
full-time and one part-time employee.

Unified Graphics & Signs filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Tex. Case No. 18-40196) on Jan. 17, 2018.  The Debtor
hired FisherBroyles, LLP, as counsel.


US SILICA: Egan-Jones Hikes Sr. Unsecured Debt Ratings to BB
------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 9, 2018, raised the foreign
currency and local currency senior unsecured ratings on debt issued
by US Silica Holdings Inc. to BB from BB-.

U.S. Silica Holdings, Inc., produces and sells commercial silica in
the United States.


UW OSHKOSH FOUNDATION: Hires First Weber as Real Estate Broker
--------------------------------------------------------------
University of Wisconsin Oshkosh Foundation, Inc., seeks authority
from the U.S. Bankruptcy Court for the Eastern District of
Wisconsin to employ First Weber Group, as real estate broker to the
Debtor.

UW Oshkosh Foundation requires First Weber to market and sell the
Debtor's real property located at 1423 Congress Avenue, Oshkosh, WI
at a listing price of $399,900.

First Weber will be paid a commission of 6% of the gross selling
price of the real property.

Megan Lang, senior executive associate of First Weber Group,
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.

First Weber can be reached at:

     Megan Lang
     FIRST WEBER GROUP
     601 Oregon Street, Suite B
     Oshkosh, WI 54902
     Tel: (920) 233-4184

                 About University of Wisconsin
                      Oshkosh Foundation

Established in 1963, the University of Wisconsin Oshkosh
Foundation, Inc.
-- https://www.uwosh.edu/foundation -- was created to promote,
receive, invest and disburse gifts to meet the goals and needs of
the University of Wisconsin Oshkosh. Its offices are located in the
Alumni Welcome and Conference Center along the Fox River.

UW Oshkosh Foundation is a separate and distinct legal entity from
UW Oshkosh and qualifies as a tax-exempt 501(c)(3) organization
under the United States Internal Revenue Code.  It owns a fee
simple interest in the Alumni Welcome & Conference Center located
at 625 Pearl Avenue, Oshkosh, valued at $11.8 million. It is also a
fee simple owner of a residence located at 1423 Congress Avenue,
Oshkosh, with a current value of $375,000.

UW Oshkosh Foundation sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Wis. Case No. 17-28077) on Aug. 17,
2017.  In the petition signed by board chairman Timothy C. Mulloy,
the Debtor disclosed $14.84 million in assets and $15.87 million in
liabilities.

Judge Susan V. Kelley presides over the case.

The Debtor hired Steinhilber Swanson LLP as its bankruptcy counsel;
Martin Cowie as its chief financial officer; and CliftonLarsonAllen
as its accountant.


VESTER INVESTMENTS: Hires Markus Williams as Counsel
----------------------------------------------------
Vester Investments, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Wyoming to employ Markus Williams Young &
Zimmermann LLC, as counsel to the Debtor.

Vester Investments requires Markus Williams to:

   a. assist in the production of the Debtor's schedules and
      statement of financial affairs and other pleadings
      necessary to file its chapter 11 case;

   b. assist in the preparation of the Debtor's disclosure
      statement and plan of reorganization, and seeking approval
      and confirmation of the same;

   c. prepare on behalf of the Debtor all necessary applications,
      complaints, answers, motions, orders, reports, and other
      legal papers;

   d. represent the Debtor in adversary proceedings and contested
      matters related to the Debtor's bankruptcy case;

   e. provide legal advice with respect to the Debtor's rights,
      powers, obligations and duties as chapter 11 debtor-in-
      possession in the continuing operation of the Debtor's
      business and the administration of the estate; and

   f. provide other legal services for the Debtor as necessary
      and appropriate for the administration of the Debtor's
      estate.

Markus Williams will be paid at these hourly rates:

     Attorneys                     $310 to $470
     Paralegals                        $165

Markus Williams received a prepetition retainer payment from the
Debtor totaling $5,000.  Markus Williams deducted and applied
$5,000 from the Retainer in connection with services performed, and
expenses incurred, on or prior to January 16, 2018.  Markus
Williams has invoiced the Debtor for all its prepetition work and
Markus Williams has no claim against the Debtor for unpaid fees and
expenses as of the Petition Date.

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

Bradley T. Hunsicker, member of Markus Williams Young & Zimmermann
LLC, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtor and its
estates.

Markus Williams can be reached at:

     Bradley T. Hunsicker, Esq.
     MARKUS WILLIAMS YOUNG & ZIMMERMANN LLC
     106 East Lincolnway, Suite 300
     Cheyenne, WY 82001
     Tel: (307) 778-8178
     Fax: (307) 638-1975
     E-mail: bhunsicker@markuswilliams.com

                     About Vester Investments

Vester Investments, LLC, is a privately held investment company
based in Jackson, Wyoming.  Vester Investments, LLC, based in
Jackson, WY, filed a Chapter 11 petition (Bankr. D. Wyo. Case No.
18-20021) on Jan. 16, 2018.  In its petition signed by Manager
Christopher Hawks, the Debtor estimated $1 million to $10 million
in assets and $100,000 to $500,000 in liabilities.  Bradley T.
Hunsicker, Esq., at Markus Williams Young & Zimmermann LLC, serves
as bankruptcy counsel.




VICTORY CAPITAL: Moody's Hikes Corporate Family Rating to B1
------------------------------------------------------------
Moody's Investors Service has upgraded the corporate family rating
(CFR) of Victory Capital Holdings, Inc. to B1 from B2, its senior
secured bank credit facility to B1 from B2, and its probability of
default rating to B1-PD from B2-PD. Moody's concurrently placed
these ratings under review for upgrade.

Moody's also assigned a B1 rating to Victory's proposed $50 million
senior secured revolving credit facility and $325 million senior
secured term loan B which will be used to refinance the company's
existing senior secured credit facility.

The following ratings were upgraded and placed on review for
upgrade:

Corporate Family Rating, upgraded to B1 from B2;

Senior Secured Bank Credit Facility, upgraded to B1 from B2;

Probability of Default Rating, upgraded to B1-PD from B2-PD

The following ratings were assigned and placed on review for
upgrade:

$325 million senior secured term loan B due 2025, assigned B1;

$50 million senior secured revolving credit facility due 2022,
assigned B1

Victory's rating outlook was changed to rating under review from
positive.

RATINGS RATIONALE

The upgrade of the CFR to B1 recognizes notable improvements in
many of the company's key credit metrics including financial
leverage and profitability over the past 12 months. The company's
deleveraging has resulted in approximately $65 million reduction of
total debt, over 2017, strengthening the company's leverage profile
as highlighted by a reduction in financial leverage from 4.8x to
3.7x (as measured by Moody's). Additionally, a recent debt
repricing combined with the debt repayments have driven
improvements in the company's profitability. While profitability
still remains low compared to peers, these actions combined with
the management team's commitment to maximizing operational
efficiencies will lead to more margin improvement.

The review for upgrade reflects the potential positive impact on
Victory's financial profile from the recently announced initial
public offering. If the IPO is successful, and Victory uses the
proceeds to reduce debt as management has indicated, leverage would
be reduced further below 3.0x. Moody's will review the credit at
the completion of the IPO. During the review, Moody's will assess
whether Victory was able to execute a successful IPO consistent
with terms outlined in the company's S-1 filing. If the company was
able to execute a successful IPO, Moody's would expect to resolve
the review in a positive direction. Conversely, if Moody's think
the company was not able to execute a successful IPO, Moody's would
assess the potential impact on the company's credit profile and
would expect to conclude the review at the company's current
rating.

Victory is an integrated multi-boutique asset manager headquartered
in Cleveland, Ohio. At year-end 2017, the company had assets under
management of $62 billion and total revenues of approximately $400
million.

The principal methodology used in these ratings was Asset Managers:
Traditional and Alternative published in December 2015.


WALL ST. RECYCLING: GMSI and CJL Seek Appointment of Ch. 11 Trustee
-------------------------------------------------------------------
Global Mill Supply, Inc., and Cawley JV, LLC, ask the U.S.
Bankruptcy Court for the Northern District of Ohio for an order
directing the appointment of a Chapter 11 Trustee to manage the
assets and affairs of debtor Wall Street Recycling, LLC.

Movants Global Mill and Cawley, who claim to hold the largest
unsecured claim in this case, move for an order of the Court
directing the appointment of a chapter 11 trustee due to the gross
mismanagement of the Estate by Debtor's current management both
prepetition and postpetition.

According to the Movants, the facts supporting the appointment of a
trustee in this case include:

   a. Excessive diversion of Debtor's assets by its principals for
personal use (including (i) diverting loan proceeds of the Debtor
into another company (without the knowledge or permission of First
Merit Bank) thereby increasing the debts of the company, (ii)
spending hundreds of thousands of dollars on personal legal fees
and personal expenses of Debtor's principals, and (iii) gross
overpayment to Debtor's bookkeeper (the wife of Debtor’s
principal John Joseph);

   b. The unexplained failure of Debtor to document cash
transactions and inventory;

   c. Debtor's filing of misleading monthly operating reports,
which fail to disclose payables or provide detailed documentation
for its receivables;

   d. Debtor's failure to disclose assets on its schedules with a
value of at least $200,000;

   e. Satisfaction of the majority of unsecured claims
post-petition by the Debtor's principals leaving very few remaining
creditors;

   f. Allegations against Michael Ambrose, a 1/3 owner of the
Debtor, regarding conversion and turnover and failure to
investigate similar claims against Debtor's other two principals;
and

   g. Acrimony between Debtor and Movants which impedes the
reorganization effort.

Based upon the foregoing, the Debtor's management have demonstrated
an inability to act in the best interests of the Estate and its
creditors and there is cause to appoint a trustee.

A copy of the Creditors' Motion is available at:

             http://bankrupt.com/misc/ohnb17-51701-283.pdf

Attorney for Cawley JV, LLC and Global Mill Supply Inc.:

     Cameron McCord
     JONES & WALDEN, LLC
     21 Eighth Street, NE
     Atlanta, Georgia 30309
     Tel: (404) 564-9300
     Fax: (404) 564-9301
     E-mail: CMcCord@joneswalden.com

                    About Wall St. Recycling

Wall St. Recycling, LLC -- http://wallstreetrecycling.com/-- is a
buyer and seller of ferrous and nonferrous scrap metals including
copper, aluminum, brass, stainless, cast, iron and steel.  Founded
in 2000 as a small nonferrous yard located in Ravenna, Ohio, it has
grown steadily over the years into a full service recycling
company.  Its facility is open to the public with unloading
assistance available if needed.  John Joseph, Robert Murray and
Michael Ambrose each owns 33.33% of the company.

Wall St. Recycling L.L.C., a/k/a Wall Street Recycling LLC, filed a
Chapter 11 petition (Bankr. N.D. Ohio Case No. 17-51701) on July
19, 2017.  Robert Murphy, member, signed the petition.  The Debtor
estimated assets and liabilities ranging between $1 million and $10
million.  Judge Alan M. Koschik signed the petition.  Marc B.
Merklin, Esq., Kate M. Bradley, Esq., and Bridget A. Franklin,
Esq., at Brouse McDowell, LPA, serve as the Debtor's bankruptcy
counsel.


WELD NORTH EDUCATION: S&P Assigns 'B-' CCR on Proposed Refinancing
------------------------------------------------------------------
S&P Global Ratings said it assigned its 'B-' corporate credit
rating to Greenwich, Conn.-based Weld North Education LLC. The
outlook is stable.

S&P said, "At the same time, we assigned our 'B-' issue-level and
'3' recovery ratings to the company's $355 million first-lien
credit facility, consisting of a $55 million revolving credit
facility due in 2023 and a $300 million first-lien term loan due in
2025. The '3' recovery rating indicates our expectation of
meaningful (50%-70%; rounded estimate: 50%) recovery in the event
of a default.

The rating on Weld North Education reflects the company's limited
track record as a consolidated entity given the roll-up acquisition
strategy employed by its previous owner KKR & Co., high dependency
on specific niches within education, uncertainty around when school
districts will widely adopt digital learning solutions over
traditional methods, and the overall competitive landscape. Partly
offsetting these risks are the company's strong expected revenue
growth of about 10% in 2018 and good cash flows metrics. The
company typically collects most of its yearly cash flow in the
third quarter as school districts renew annual contracts. The
rating also incorporates S&P's expectation of adjusted pro forma
leverage near high-7x for 2017, with the capacity to deleverage to
the low-6x area by the end of 2018. The company generates strong
EBITDA growth in line with solid revenue expansion.

S&P said, "The stable outlook reflects our expectation that Weld
North Education will generate sustained revenue growth in both its
Edgenuity and Imagine Learning products, expanding EBITDA margins
and recurring cash flow even through potential acquisitions.

"While not expected over the next 12 months, we could lower the
rating if a deterioration in operating performance leads to
sustained negative FOCF, which reduces total liquidity (including
revolver availability) below $20 million, or if leverage increases
to the point we consider the capital structure to be unsustainable.
This would likely occur if the company experiences significantly
higher attrition among clients.

"We could raise the rating over the next 12 months if the company
generates consistent organic revenue growth and margin expansion
while sustaining debt to EBITDA in the low-6x area and FOCF to debt
in the mid-single-digit percentage range."   


WINDSOR MARKETING: Court Signs 1st Interim Cash Collateral Order
----------------------------------------------------------------
The Hon. James J. Tancredi of the U.S. Bankruptcy Court for the
District of Connecticut authorized Windsor Marketing Group, Inc.,
to use cash collateral in the ordinary course of its business for a
period of fourteen days commencing Jan. 11, 2018 and continuing
through January 25, 2018 in accordance with the first interim
order.

As of the Petition Date, the Debtor's books and records reflect
that the Debtor was indebted and liable to People's United Bank
approximately as follows: (a) under the Revolver: $3,412,976.74;
(b) under first capex loan: $190,024.13; (c) under a term loan:
$642,857.28; and (d) under second capex loan $126,944.62. In order
to secure the payment and performance of the Revolver, the Debtor
granted People's United Bank a security interest in, a lien on and
pledge and assignment of substantially all present and future
personal property of the Debtor.

People's United Bank is granted (a) a continuing post-petition lien
and security interest in all pre-petition property of the Debtor as
it existed on the Petition Date, of the same type against which
People's United Bank held validly perfected liens and security
interests as of the Petition Date, and (b) a continuing
post-petition lien in all property acquired by the Debtor after the
Petition date.

The replacement liens will maintain the same priority, validity and
enforceability as People's United Bank's liens on the Prepetition
Collateral and will be recognized only to the extent of any
diminution in the value of the Prepetition Collateral resulting
from the use of Cash Collateral pursuant to this Order.

The Debtor believes that People's Capital Leasing Corp. and State
of Connecticut Department of Economic and Community Development
("Other Lien Holder") may assert interests in some portion of the
cash collateral. To the extent that any of the Other Lien Holders
hold an interest in the cash collateral, each such Other Lien
Holder is granted (a) a replacement lien on all of its Prepetition
Collateral and its Postpetition Collateral and (b) a superpriority
claim under Section 503(b). Such replacement liens and
superpriority claims will be only for the amount of any diminution
in value (if any) of such Other Lien Holder's interest (if any) in
the cash collateral and that such replacement liens or
superpriority claim will be only to the same validity, priority and
extent of any pre-petition interest in the cash collateral held by
such Other Lien Holder.

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

            http://bankrupt.com/misc/ctb18-20022-22.pdf

                   About Windsor Marketing Group
        
Headquartered in Suffield, Connecticut, Windsor Marketing Group,
Inc. -- https://windsormarketing.com/ -- is a privately held
company that develops and implements innovative in-store marketing
programs for more than 3,000 clients, including some of the
nation's top retailers.  Founded in 1976, Windsor Marketing helps
retailers make their stores easier to shop, reduce turnaround times
and lower production and fulfillment costs.  

Windsor Marketing Group filed a Chapter 11 petition (Bankr. D.
Conn. Case No. 18-20022) on Jan. 8, 2018.  In the petition signed
by Kevin F. Armata, president, the Debtor estimated assets and
liabilities at $10 million to $50 million.  The Debtor is
represented by James Berman, Esq. at Zeisler & Zeisler, P.C.  


WWLC INVESTMENT: Taps Palmer & Manuel to Handle Appeal
------------------------------------------------------
WWLC Investment, L.P., seeks authority from the U.S. Bankruptcy
Court for the Eastern District of Texas to employ Palmer & Manuel,
LLP, as special counsel to the Debtor.

A ruling denying the Debtor's First Amended Motion for New
Trial/Motion for Rehearing was issued by the court on or about
August 31, 2017, WWLC Investments, L.P. vs. Sorab Miraki & Tom
Wylie, Cause No. 416-02539-2017 in the 416th Judicial District
Court in Collin County, Texas.  The Debtor has filed an appeal of
said ruling to the Texas Court of Appeals.

WWLC Investment requires Palmer & Manuel to provide legal advice
and services to the Debtor with regard to the Appeal and any
subsequent appeals.

Palmer & Manuel will be paid at these hourly rates:

     Attorneys            $400
     Paralegals           $100

Palmer & Manuel will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Jeff Sandberg, partner of Palmer & Manuel, 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.

Palmer & Manuel can be reached at:

     Jeff Sandberg, Esq.
     PALMER & MANUEL, LLP
     8350 North Central Expressway, Suite 1111
     Dallas, TX 75206
     Tel: (214) 242-6444

                     About WWLC Investment
  
WWLC Investment, L.P., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Tex. Case No. 17-41913) on Sept. 1,
2017.  In the petition signed by authorized representative Wendy
Chen, the Debtor estimated assets and liabilities of less than
$50,000.  Judge Brenda T. Rhoades presides over the case.  The
Debtor hired Quilling Selander Lownds Winslett & Moser, P.C., as
legal counsel; and Palmer & Manuel, LLP, and The Erikson Firm as
special counsel.


[^] BOOK REVIEW: The Rise and Fall of the Conglomerate Kings
------------------------------------------------------------
Author:     Robert Sobel
Publisher:  Beard Books
Softcover:  240 pages
List Price: $34.95
Review by David Henderson

Order your personal copy today at http://is.gd/1GZnJk

The marvelous thing about capitalism is that you, too, can be a
Master of the Universe.  If you are of a certain age, you will
recall that is the name commandeered by Wall Street bond traders
in their Glory Days.  Being one is a lot like surfing: you have to
catch the crest of the wave just right or you get slammed into the
drink, and even the ride never lasts forever.  There are no
Endless Summers in the market.

This book is the behind-the-scenes story of the financial wizards
and bare-knuckled businessmen who created the conglomerates, the
glamorous multi-form companies that marked the high noon of post-
World War II American capitalism.  Covering the period from the
end of the war to 1983, the author explains why and how the
conglomerate movement originated, how it mushroomed, and what
caused its startling and rapid decline.  Business historian Robert
Sobel chronicles the rise and fall of the first Masters of the
Universe in the U.S. and describes how the era gave rise to a
cadre of imaginative, bold, and often ruthless entrepreneurs who
took advantage of a buoyant stock market to create giant
enterprises, often through the exchange of overvalued paper for
real assets.  He covers the likes of Royal Little (Textron), Text
Thornton (Litton Industries), James Ling (Ling-Temco-Vought),
Charles Bludhorn (Gulf & Western) and Harold Geneen (ITT).  This
is a good read to put the recent boom and bust in a better
perspective.

While these men had vastly different personalities and processes,
they had a few things in common: ambition, the ability to seize
opportunities that others were too risk-averse to take, willing
bankers, and the expansive markets of the 1960s.  There is
something about an expansive market that attracts and creates
Masters of the Universe.  The Greek called it hubris.

The author tells a good joke to illustrate the successes and
failures of the period.  It seems the young son of a
Conglomerateur brings home a stray mongrel dog.  His father asks,
"How much do you think it's worth?" To which the boy replies, "At
least $30,000." The father gently tries to explain the market for
mongrel dogs, but the boy is undeterred and the next afternoon
proudly announces that he has sold the dog for $50,000.  The
father is proudly flabbergasted,  "You mean you found some fool
with that much money who paid you for that dog?"  "Not exactly,"
the son replies, "I traded it for two $25,000 cats."

While it lasted, the conglomerate struggles were a great slugfest
to watch: the heads of giant corporations battling each other for
control of other corporations, and all of it free from the rubric
of "synergy."  Nobody could pretend there was any synergy between
U.S. Steel and Marathon Oil.  This was raw capitalist power at
work, not a bunch of fluffy dot.commies pretending to defy market
gravity.

History repeats itself, endlessly, because so few people study
history.  The stagflation of the 1970s devalued the stock of
conglomerates and made it useless a currency to keep the schemes
afloat.  The wave crashed and waiting on the horizon for the next
big wave: the LBO Masters of the 1980s.

Robert Sobel was born in 1931 and died in 1999.  He was a prolific
chronicler of American business life, writing or editing more than
50 books and hundreds of articles and corporate profiles.  He was
a professor of business history at Hofstra University for 43 years
and he a Ph.D. from NYU.


                            *********

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
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Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
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                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
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Editors.

Copyright 2018.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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