TCR_Public/180131.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, January 31, 2018, Vol. 22, No. 30

                            Headlines

119 MAIN STREET: Taps DelBello Donnellan Weingarten Wise as Counsel
201 LUIZ MARIN: Seeks to Hire Kotulak & Co. as Accountant
ALBERTSONS COMPANIES: Moody's Alters Outlook to Negative
AMDIRADDO LLC: Hires Dribusch Law Firm as Bankruptcy Counsel
AMERICAN CRYOSTEM: Leigh J. Kremer Raises Going Concern Doubt

AMERICAN WOODMARK: Moody's Assigns Ba2 Corporate Family Rating
AMERICAN WOODMARK: S&P Assigns 'BB' CCR, Outlook Stable
ARMSTRONG ENERGY: Enters Into Transaction Agreement with Murray
AUTHENTIDATE HOLDING: Incurs $3.1 Million Net Loss in Q2 2017
AVAYA INC: Announces Preliminary Revenue for 1st Qtr. Fiscal 2018

AVERY BRADLEY GREEN: Court Appoints E. Saslow as Ch. 11 Trustee
BANK OF ANGUILLA: Seeks to Hire Epiq as Administrative Agent
BANRO CORPORATION: Commences Sale, Investment Solicitation Process
BIOSCRIP INC: Ardsley Advisory Stake Down to 0.07% as of Nov. 2
CINEVIA CORP: Hires Landrau Rivera & Associates as Legal Counsel

COMPUWARE HOLDINGS: Moody's Ups CFR to B2 on Growing Revenue Base
CRESTOR GLOBAL: Seeks Appointment of Chapter 11 Trustee
CSA HOLDINGS: $67,500 Back Compensation for Directors Approved
DATA SYSTEMS: 9th Circuit Affirms Order Confirming Chapter 11 Plan
DENBURY RESOURCES: Moody's Assigns Caa1 Sr. 2nd Lien Notes Rating

DIAGNOSTIC CENTER: Hires Schwartz Flansburg PLLC as Counsel
DIRECTVIEW HOLDINGS: Accumulated Deficit Raises Going Concern Doubt
DREAM MOUNTAIN: Naming of A. Amore as Ch. 11 Trustee Sought
EARTH PRIDE: Hires Maschmeyer Marinas PC as Bankruptcy Counsel
EL CABALLERO RANCH: Appeal Reinstated in Court's Active Docket

EUGEN DIETL: Claims Objections Procedurally Defective, Court Rules
EVIO INC: Sadler Gibb & Associates Casts Going Concern Doubt
FINJAN HOLDINGS: BCPI I Equity Stake Down to 12.2%
FIRST RIVER: Hires Donlin Recano & Co as Claims and Noticing Agent
FIRST RIVER: USEDC, et al., Seek Appointment of Chapter 11 Trustee

GATES GLOBAL: Moody's Hikes Corporate Family Rating to B2
GREEKTOWN HOLDINGS: Ct. Dismisses Trustee Suit vs Tribe Defendants
GV HOSPITAL: PCO Files 5th Interim Report
HELIOS AND MATHESON: Closes Sale of $60 Million Notes
HOOPER HOLMES: Brio Capital Lowers Stake to 3.9% as of Dec. 31

HUMANIGEN INC: Dale Chappell Has 33% Stake as of Dec. 21
IAC/INTERACTIVECORP: S&P Affirms 'BB' CCR & Alters Outlook to Pos.
IHEARTCOMMUNICATIONS INC: Unit Demands Repayment of $30M Note
INDIANTOWN COGENERATION: S&P Affirms BB+ Rating on $127.8MM Notes
INDIGO NATURAL: Moody's Assigns B2 Corporate Family Rating

INDIGO NATURAL: S&P Assigns B+ Corp. Credit Rating; Outlook Stable
J.G. WENTWORTH: Completes Financial Restructuring
JAI INC: Hires C. Taylor Crockett P.C. as Attorney
KEURIG GREEN: Moody's Puts Ba2 CFR Under Review for Upgrade
KEURIG GREEN: S&P Puts BB+ CCR on CreditWatch on Dr. Pepper Merger

LIFETIME BRANDS: Moody's Assigns Ba3 CFR; Outlook Stable
LIFETIME BRANDS: S&P Assigns 'B+' CCR on Filament Brands Deal
LONG-DEI LIU: PCO Submits 10th Interim Report
LSF 10 CEDAR: S&P Lowers $560MM First-Lien Term Loan Rating to 'B'
MARRONE BIO: Ardsley Advisory Has 11.74% Stake as of Dec. 31

MESOBLAST LIMITED: Applies for ASX Quotation of More Securities
MONAKER GROUP: Pacific Grove Has 10.8% Stake as of Jan. 10
MOTORS LIQUIDATION: Sets Aside $37.8M for Q4 2017 Wind Down Costs
NCSG CRANE: Moody's Withdraws Caa3 Corporate Family Rating
NELSON INC: Hires Paul A. Robinson as Attorney

NRG REMA: GenOn Unit Strikes Forbearance Deal Thru Mid-April
OCEANEERING INT'L: Moody's Lowers Senior Unsecured Rating to Ba1
OCULAR THERAPEUTIX: Prices $32.5 Million Public Stock Offering
ONVOY LLC: S&P Lowers Corp. Credit Rating to 'B-', Outlook Stable
ORBCOMM INC: S&P Alters Outlook to Positive & Affirms 'B' CCR

PAL HEALTH: Hires Heinold-Banwart Ltd as Accountant
PANDA STONEWALL: S&P Affirms 'BB-' CCR, Outlook Stable
PIN OAK: DOJ Watchdog Seeks Approval of R. Johns as Ch. 11 Trustee
PS SYSTEMS: Hires PRO Tax & Accounting Services as Accountant
REIGN SAPPHIRE: Brio Capital Has 9.99% Stake as of Dec. 31

RENNOVA HEALTH: Securities Delisted from Nasdaq
RENTECH INC: Hires Prime Clerk LLC as Administrative Advisor
RENTECH INC: Hires RPA Advisors LLC as Financial Advisor
RESOLUTE ENERGY: MAC Recommends Retention of Financial Advisor
REX ENERGY: Appoints New Chief Financial Officer

RIO POZO: Hires Gammage & Burnham PLC as Counsel
ROCKY MOUNTAIN: Files Amended 250M Common Shares Resale Prospectus
ROOT9B HOLDINGS: Common Stock Delisted from Nasdaq
SAEXPLORATION HOLDINGS: Exchange Bid & Consent Solicitation Expire
SCHWEINEHAUS LLC: Hires Eugene G Douglas as Attorney

SCIENTIFIC GAMES: Moody's Rates New EUR325MM Secured Notes Ba3
SCIENTIFIC GAMES: S&P Rates EUR350M Senior Secured Notes 'B+'
SOLBRIGHT GROUP: Losses Since Inception Casts Going Concern Doubt
STEINWAY MUSICAL: S&P Alters Outlook to Pos. & Affirms 'B-' CCR
SUNRISE HOSPICE: Hires Neilson Law as Attorney

TAFF LLC: Hires Allan D. NewDelman P.C. as Counsel
TERRAFORM GLOBAL: Moody's Hikes CFR to Ba3; Outlook Stable
TEXAS E&P: DOJ Watchdog Directed to Appoint Chapter 11 Trustee
TURNING POINT: S&P Ups Corp. Credit Rating to 'B+', Outlook Stable
UBL INTERACTIVE: Angela Collette Named as Receiver in 'Alessi' Case

UBL INTERACTIVE: Hires Thayer O'Neal as Accountants
UNISON ENVIRONMENTAL: Hires Scarborough & Fulton as Counsel
VILENO ENVIRONMENTAL: Hires BransonLaw PLLC as Counsel
WALTER INVESTMENT: Hires Protiviti as Business Consultant
WESTINGHOUSE ELECTRIC: Taps PwC as Auditor and Tax Service Provider

WILLIAM FOCAZIO: Seeks to Hire Bederson LLP as Accountant
WOODBRIDGE GROUP: Reaches Settlement with Creditors, Investors
[*] Edward Schatz Joins Capstone's Financial Advisory Group
[*] Joseph Bain Joins Jones Walker's Houston Office as Partner

                            *********

119 MAIN STREET: Taps DelBello Donnellan Weingarten Wise as Counsel
-------------------------------------------------------------------
119 Main Street, LLC, seeks authority from the U.S. Bankruptcy
Court for the Southern District of New York to employ DelBello
Donnellan Weingarten Wise & Wiederkehr, LLP as its attorneys.

The professional services DDWWW will render are:

     a. give advice to the Debtor with respect to its powers and
duties as Debtor-in-Possession and the continued management of its
property and affairs;

     b. negotiate with creditors of the Debtor and work out a plan
of reorganization and take the necessary legal steps in order to
effectuate such a plan including, if need be, negotiations with the
creditors and other parties in interest;

     c. prepare the necessary answers, orders, reports and other
legal papers required for the Debtor who seeks protection from its
creditors under Chapter 11 of the Bankruptcy Code;

     d. appear before the Bankruptcy Court to protect the interest
of the Debtor and to represent the Debtor in all matters pending
before the Court;

     e. attend meetings and negotiate with representatives of
creditors and other parties in interest;

     f. advise the Debtor in connection with any potential
refinancing of secured debt and any potential sale of the
business;

     g. represent the Debtor in connection with obtaining
post-petition financing;

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

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

DDWWW Bankruptcy Practice Group's 2017 hourly rates are:

     Attorneys          $350-$620
     Paraprofessionals     $150  

Jonathan S. Pasternak, Esq., partner of the firm DelBello Donnellan
Weingarten Wise & Wiederkehr, LLP, attests that his firm is a
disinterested person within the meaning of Sec. 101(14) of the
Bankruptcy Code.

The counsel can be reached through:

     Jonathan S. Pasternak, Esq.
     Julie Cvek Curley, Esq.
     DELBELLO DONNELLAN WEINGARTEN WISE & WIEDEKEHR, LLP
     One North Lexington Avenue
     White Plains, NY 10601
     Phone: (914) 681-0200
     Fax: (914) 684-0288
     Email: jpasternak@ddw-law.com

                       About 119 Main Street

119 Main Street, L.L.C., is a real estate company based in New
Paltz, New York.  It is an affiliate of Covington Route 300, LLC,
which sought bankruptcy protection on May 9, 2017 (Bankr. S.D.N.Y.
Case No. 17-35780).

119 Main Street filed a Chapter 11 petition (Bankr. S.D.N.Y. Case
No. 18-35074) on Jan. 25, 2018.  In the petition signed by Georgina
Tufano, manager and 100% owner, the Debtor estimated $1 million to
$10 million in both assets and liabilities.  The case is assigned
to Judge Cecelia G. Morris.  The Debtor is represented by Jonathan
S. Pasternak, Esq., at DelBello Donnellan Weingarten Wise &
Wiederkehr, LLP, as its counsel.


201 LUIZ MARIN: Seeks to Hire Kotulak & Co. as Accountant
---------------------------------------------------------
201 Luiz Marin Realty, LLC, asks the U.S. Bankruptcy Court for the
Northern District of New Jersey for authority to employ Kotulak &
Company, P.C., as the Debtor's accountant.

The Debtor requires accounting services in connection with its
financial affairs and with preparation of the Chapter 11 Monthly
Operating Reports.  Specifically, the Debtor requires the firm to
analyze financial records of the Debtor, prepare tax returns and
financial statements, evaluate the Debtors financial condition, and
prepare monthly operating reports as required by the Bankruptcy
proceeding.

Thomas M. Kotulak, a member of the firm, says he has 35+ years of
public accounting experience, small business, bankruptcy, and
forensic accounting matters.

The Debtor proposes to pay the firm's professionals at these hourly
rates:

     Thomas Kotulak           $200
     Jonathan Kotulak         $130
     Rebecca Recio             $60
     David Armstrong          $120
     Marina Kosoy             $145
     Gina Gallichio            $50

Kotulak & Co. has been appointed in similar Chapter 11 proceedings
and has substantial experience in matters similar to this nature.

Mr. Kotulak disclosed that his firm is also representing other
Debtors associated with this case (Mesaw, LLC, and Doggy Care of
Jersey City, LLC).

Mr. Kotulak attests the firm and its professionals are
disinterested as the term is defined under 11 U.S.C. Sec. 101(14).

The firm may be reached at:

     Thomas M. Kotulak, CPA
     Kotulak & Company, P.C.
     1035 Route 46, Suite B-107
     Clifton, NJ 07013

                   About 201 Luiz Marin Realty

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

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

Judge Stacey L. Meisel presides over the case.  

The Debtor is represented by the Law Offices of Jerome M. Douglas,
LLC.


ALBERTSONS COMPANIES: Moody's Alters Outlook to Negative
--------------------------------------------------------
Moody's Investors Service changed the rating outlook for Albertsons
Companies LLC's to negative from stable. All other ratings
including the B1 Corporate Family rating were affirmed. In
addition, Moody's assigned the company an SGL-1 Speculative Grade
Liquidity Rating.

"Albertsons credit metrics remain weak and the highly competitive
and promotional pricing environment in the food retailing industry
makes substantial improvement in topline and metrics difficult and
uncertain, hence the negative outlook", Moody's Vice President
Mickey Chadha stated. "On the positive side the company has very
good liquidity with a large number of owned stores and good free
cash flow which gives it the ability to reduce debt to levels more
consistent with its current B1 rating category," Chadha further
stated.

Outlook Actions:

Issuer: Albertsons Companies, LLC

-- Outlook, Changed To Negative From Stable

Assignments:

Issuer: Albertsons Companies, LLC

-- Speculative Grade Liquidity Rating, Assigned SGL-1

Affirmations:

Issuer: Albertsons Companies, LLC

-- Probability of Default Rating, Affirmed B1-PD

-- Corporate Family Rating, Affirmed B1

-- Senior Secured Bank Credit Facility, Affirmed Ba2

-- Senior Unsecured Regular Bond/Debenture, Affirmed B3

Issuer: Safeway Inc.

-- Senior Unsecured Regular Bond/Debenture, Affirmed B3

RATINGS RATIONALE

The B1 Corporate Family Rating of Albertsons Companies, LLC
reflects the company's very good liquidity, its sizable scale, good
store base, its well established regional brands and its
significant store ownership. The ratings are constrained by
Albertsons' participation in a highly competitive retail segment
and high debt burden associated with its ownership by a financial
sponsor. At the end of the third quarter ended December 2, 2017,
debt to EBITDA (including Moody's adjustments for leases and
pension liabilities) deteriorated to about 7.1 times from 6.4 times
at fiscal year ended February 25, 2017. The back half of 2016 and
first half of 2017 was particularly difficult for food retailers
due to deflationary pressures particularly on meats, milk and eggs.
This coupled with a very promotional business environment and wage
pressures has resulted in topline growth, margins and profitability
that is below Moody's expectations. The ratings are supported by
the company's track record of operational improvements especially
with regard to underperforming assets and synergy realization.
Moody's expect the deflationary environment to wane in 2018
creating momentum in same store sales growth and synergies and cost
efficiencies to boost profitability. Moody's near term expectations
include reversal of recent operating trends and debt reduction
using free cash flow and proceeds from asset sales. Although
Moody's expect some improvement in credit metrics, leverage will
likely remain above 6.0 times over the next 12 months. Competitive
risks, coupled with a high debt burden and risk associated with
ownership by a financial sponsor, remain major risks for the
company and may impact the company's ability to improve credit
metrics in the near-term.

The company's negative rating outlook reflects the uncertainty in
the company's ability improve operating performance and credit
metrics in light of the highly price competitive business
environment. Ratings could be upgraded if debt/EBITDA approaches
5.0 times, EBITA/interest is sustained above 1.75 times, financial
policies remain benign and liquidity remains very good. Ratings
could be downgraded if recent operating trends are not reversed in
the near term, debt/EBITDA is sustained above 6.25 times or
EBITA/interest is sustained below 1.5 times. Ratings could also be
downgraded if financial policies become aggressive or if liquidity
deteriorates.

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

With about $60 billion in annual sales Albertsons Companies is one
of the largest food and drug retailers in the United States. As of
December 2, 2017, the Company operated 2,323 retail food and drug
stores with 1,776 pharmacies, 394 associated fuel centers, 24
dedicated distribution centers and 19 manufacturing facilities. The
Company's stores predominantly operate under the banners
Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs,
Sav-On, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets,
Market Street, Amigos, Haggen and United Express.


AMDIRADDO LLC: Hires Dribusch Law Firm as Bankruptcy Counsel
------------------------------------------------------------
Amdiraddo LLC seeks authority from the U.S. Bankruptcy Court for
the Northern District of New York to employ The Dribusch Law Firm
as counsel.

Services to be provided by DLF are:

     a) attend meetings and negotiate with representatives of the
parties in interest and advise and consult on the conduct of this
case;  

     b) assist the Debtor in its analysis of, and negotiations
with, creditors or any third party concerning matters related to
the reorganization of the Debtor;

     c) assist with the Debtor's investigation of the acts,
conduct, assets, rights, liabilities and financial condition of the
Debtor and of the operation of the Debtor's business;

     d) investigate, file and prosecute litigation on behalf of the
Debtor, including but not limited to avoidance, preference,
fraudulent transfer, and director/officer actions;

     e) advise the Debtor as necessary in connection with any
proposed sales of the assets of the Debtor;

     f) advise the Debtor concerning any efforts by the Debtor or
other parties to collect and to recover property for the benefit of
the Debtor's estate;  

     g) represent the Debtor at hearings and other proceedings;

     h) assist the Debtor in analyzing the claims of the Debtor's
creditors and in negotiation with such creditors;

     i) assist the Debtor in preparing pleadings and applications
as may be necessary in furtherance of the Debtor's interests and
objectives;

     j) assist the Debtor in analyzing the Debtor's pre‐ and
post‐petition relationships with creditors, equity interest
holders, and other parties in interest;

     k) review and analyze applications, orders, statements of
operations and schedules filed with the Court and advise the Debtor
with respect to the same; and

     l) perform such other legal services as may be required and
are deemed to be in the interests of the Debtor, in accordance with
the Debtor's powers and duties as set forth in the Bankruptcy
Code.

Christian H. Dribusch attests that DLF does not represent any
interest adverse to the Debtor, the creditors or other parties in
interest in connection with this chapter 11 case and is a
"disinterested person," as that term is defined in Bankruptcy Code
section 101(14) and to the extent required by Bankruptcy Rule 2014.


Hourly rates for associates, partners and non‐attorney personnel
currently range from $150.00 for new associates to $275.00 for the
principal and from $100.00 for paralegals.   

The counsel can be reached through:

     Christian H. Dribusch, Esq.
     THE DRIBUSCH LAW FIRM  
     1001 Glaz Street  
     East Greenbush, NY 12061  
     Phone: 518-729-4331
     E-mail: cdribusch@chdlaw.net

                    About Amdiraddo, LLC

Based in Albany, New York, Amdiraddo, LLC (trade name Wolf's 111
Restaurant & Games) is in the Family Restaurants business.
Amdiraddo LLC filed a Chapter 11 Petition (Bankr. N.D.N.Y. Case No.
18-10010) on Jan. 8, 2017, listing under $1 million in assets and
liabilities.  Christian H. Dribusch, Esq., at Dribusch Law Firm, is
the Debtor's counsel.



AMERICAN CRYOSTEM: Leigh J. Kremer Raises Going Concern Doubt
-------------------------------------------------------------
American CryoStem Corporation filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K, disclosing a
net loss of $1,222,007 on $1,865,364 of total revenues for the
fiscal year ended September 30, 2017, compared to a net loss of
$1,881,136 on $593,938 of total revenues for the year ended in
2016.

Leigh J. Kremer, CPA, in Red Bank, N.J., states that the Company
has suffered recurring losses and negative cash flows from
operations that raise substantial doubt about its ability to
continue as a going concern.

The Company's balance sheet at September 30, 2017, showed total
assets of $1.01 million, total liabilities of $2.03 million, and a
total stockholders' deficit of $1.02 million.

A copy of the Form 10-K is available at:
                              
                       https://is.gd/iGGDuM

                     About American CryoStem Corp.

American CryoStem Corporation is a developer, manufacturer, and
marketer of life-enhancing, stem cell technologies in the field of
Personalized, Regenerative Medicine.  The Company operates a
state-of-art, FDA-registered, laboratory in Monmouth Junction, New
Jersey and licensed laboratories in Hong Kong, China and Tokyo,
Japan, which operate on its proprietary platform, dedicated to the
collection, processing, bio-banking, of adipose tissue (fat) and
culturing and differentiation of adipose derived stem cells (ADSCs)
for current or future use in regenerative medicine.



AMERICAN WOODMARK: Moody's Assigns Ba2 Corporate Family Rating
--------------------------------------------------------------
Moody's Investors Service assigned a first-time Ba2 Corporate
Family Rating and Ba2-PD Probability of Default Rating to American
Woodmark Corp. ("AMWD"), a national manufacturer and distributor of
cabinets for remodeling and new home construction markets. In
related rating actions, Moody's assigned a speculative grade
liquidity rating of SGL-1, and a Ba3 rating to proposed $350
million senior unsecured notes due 2026. Proceeds from the notes,
$250 million term loan add-on, and cash on hand will be used to
redeem recently acquired RSI Home Products, Inc.'s ("RSI") $575
million 6.5% 2nd lien senior secured notes due 2023. RSI's ratings
(B1 CFR) are not impacted currently. At completion of note
redemption, Moody's will withdraw all ratings assigned to RSI. AMWD
will use balance of proceeds to repay borrowings under its
revolving credit facility, pay related fees and expenses and use
for other general corporate purposes. AMWD's rating outlook is
stable.

On December 29, 2017, American Woodmark acquired RSI, a national
manufacturer of cabinets for about $1.075 billion. AMWD used cash
on hand, $50 million of borrowings under its revolving credit,
proceeds from a $250 million term loan, assumption of RSI debt, and
issuance of $190 million of common equity for the acquisition. RSI
expands cabinet offerings across most product categories and price
points, and shifts end-market exposure more towards repair and
remodeling activity from new home construction.

American Woodmark's proposed new capital structure will consist of
a senior secured $100 million revolving credit, $500 million term
loan facility maturing in 2022 (unrated), $350 million senior
unsecured notes due 2026, and approximately $21 million in other
debt and capital leases.

The following ratings are affected by this action:

Assignments:

Issuer: American Woodmark Corporation

-- Probability of Default Rating, Assigned Ba2-PD

-- Speculative Grade Liquidity Rating, Assigned SGL-1

-- Corporate Family Rating, Assigned Ba2

-- Senior Unsecured Regular Bond/Debenture, Assigned Ba3 (LGD5)

Outlook Actions:

Issuer: American Woodmark Corporation

-- Outlook, Assigned Stable

American Woodmark's Ba2 Corporate Family Rating reflects a history
of sound operating performance with low leverage and robust
operating margins. Post acquisition, operating margins are expected
to expand towards 14% by mid-calendar year 2019 from 10.7% for LTM
2Q17 ended October 31, 2017 -- a level more typical of higher rated
entities. Acquisition of RSI, which has higher margins relative to
AMWD, is main driver of the expected margin improvement. Despite
increase in balance sheet debt by $850 million to $871 million pro
forma for the acquisition of RSI, AMWD's credit profile remains
solid. Moody's project debt-to-EBITDA of 2.8x by mid-calendar year
2019, and free cash flow-to-debt approaching 20% over next 12 to 18
months (ratios include Moody's standard adjustments). Moody's
expect AMWD will use free cash flow to pay down debt in addition to
term loan amortization. Also, fundamentals for repair and
remodeling activity and new home construction, main drivers of
American Woodmark's revenues, remain favorable, and bode well for
AMWD. AMWD derives about 61% of its revenues from repair and
remodeling activity, and balance of sales from new home
construction. Moody's maintains a positive outlook for the domestic
homebuilding industry and projects new housing starts will reach
1.280 million in 2018, representing a 6.2% increase from Moody's
projected 1.205 million for 2017.

Constraining ratings at this time is AMWD's business profile, which
Moody's views as company's greatest credit vulnerability. AMWD has
product concentration: cabinets, albeit across most designs lines
and price points. AMWD faces intense competition from other
manufacturers of similar products. American Woodmark has
distribution-channel concentration as well. The Home Depot and
Lowe's Companies, Inc. account for 34% of company's net sales in
FY17 as reported in AMWD's April 2017 10K report to the SEC. This
concentration will grow appreciably with the acquisition of RSI.
Although fundamentals are sound US private construction activity is
cyclical. These dynamics could trigger volatile financial
performance should company face pricing pressures or an unexpected
reduction of product demand from a slowdown in AMWD's main end
market.

American Woodmark's SGL-1 Speculative Grade Liquidity Rating
reflects Moody's view that the company will maintain a very good
liquidity profile over next twelve months characterized by
meaningful free cash flow generation, cash on hand, and full
availability under its revolving credit facility. Due to large cash
balances, Moody's do not anticipate utilization of revolver over
next year except for letters for credit issuances.

Stable rating outlook reflects expectations that AMWD's credit
profile, such as leverage sustained below 3.5x, will remain
supportive of its Ba2 Corporate Family Rating over the next 12 to
18 months. Moody's stable rating outlook also incorporates
expectations that the cabinet manufacturer will continue with
conservative financial policies, and integrate RSI without
problems, noting that RSI's existing brand and product identity and
channel strategy will remain.

Ba3 rating assigned to AMWD's senior unsecured notes due 2026, one
notch below Corporate Family Rating, results from their effective
subordination to company's secured bank debt. These notes are in a
first-loss position in a recovery scenario relative to AMWD's
secured debt. AMWD's material domestic subsidiaries, including RSI,
provide upstream guarantees.

Positive rating actions over intermediate term are unlikely, since
American Woodmark must integrate RSI. Despite solid credit metrics,
AMWD's business profile is a credit constraint. However, AMWD's
ratings could be upgraded if company uses free cash flow to reduce
permanently balance sheet debt, resulting in adjusted
debt-to-EBITDA remaining below 2.5x while maintaining optimal
levels for other key credit metrics and conservative financial
policies.

Downward rating pressure is not likely to occur over next 12 to 18
months. However, negative rating actions could ensue beyond then if
American Woodmark's operating performance falls below Moody's
expectations. A downgrade could follow should AMWD's EBITA margins
contract near 10%, debt-to-EBITDA stays above 3.5x, free cash
flow-to-debt be sustained below 7.5% (all ratios incorporate
Moody's standard adjustments), or company's liquidity deteriorates.
Large debt-financed acquisitions and higher levels of share
repurchases than anticipated could also put downward pressure on
the rating.

The principal methodology used in these ratings was Global
Manufacturing Companies published in June 2017.

American Woodmark Corp., headquartered in Winchester, VA, is a
national manufacturer and distributor of kitchen and bath cabinets
for repair and remodeling activity and new home construction. Pro
forma revenues including RSI for 12 months through October 31, 2017
totaled approximately $1.6 billion.


AMERICAN WOODMARK: S&P Assigns 'BB' CCR, Outlook Stable
-------------------------------------------------------
U.S.-based cabinet manufacturer American Woodmark Corp. recently
acquired RSI Home Products (BB-/Watch Dev/--) for $1.1 billion in
total consideration. American Woodmark plans to issue $350 million
of unsecured notes due in 2026. This follows recent financing
activity consisting of a $100 million revolving credit facility, a
$250 million term loan A, and a $250 million delayed draw term
loan, all of which mature in 2022 (unrated).

S&P Global Ratings said it assigned its 'BB' corporate credit
rating to U.S.-based American Woodmark Corp. The outlook is stable.


S&P said, "At the same time, we assigned a 'BB' issue-level rating
to the company's proposed $350 million senior unsecured notes. The
recovery rating is '3', indicating our expectation for meaningful
(50%-70%; rounded estimate: 65%) recovery in the event of default.
"We also withdrew the 'BB-' corporate credit rating on RSI Home
Products. American Woodmark is assuming RSI's $575 million of
senior secured notes and paying them down with proceeds from its
note offering and the $250 million delayed draw term loan.

The 'BB' corporate credit rating assigned to American Woodmark
reflects the combined company's large market share (No. 2 overall
at 10%) of the U.S. cabinet industry, good vertical integration,
and a strategy well aligned with industry trends. S&P said, "We
also expect the company to benefit from continued growth in
single-family housing starts, and stable repair and remodel
markets. These positive business attributes are somewhat offset by
the company's limited product diversity and high customer
concentration. Our ratings also factor in our expectation that
American Woodmark will remain cost competitive pro forma for the
acquisition, realize significant synergies, and reduce debt. We
believe these factors will allow the company to improve its credit
metrics over the next 12 months, when we anticipate debt to EBTIDA
will remain between 3x and 4x with potential to improve in
subsequent years."

S&P said, "The stable outlook reflects our expectation that
operating performance at American Woodmark will be supported by
continued demand for new home construction and steady growth in the
repair and remodel markets. Our expectations for American
Woodmark's earnings stability are underpinned by our view of the
company's more cost-competitive assets and potential to realize
significant synergies from the acquisition of RSI, which should
enable it to maintain debt to EBITDA of 3x-4x over the next 12
months.

"We could lower the rating if the company experiences delays and
cost overruns associated with integrating the acquisition of RSI to
the extent that debt to EBITDA is sustained above 4x. This could
happen if American Woodmark cannot integrate RSI's unique
manufacturing capabilities, gross margins decline to 22%, and
revenue falls by about 5%. This scenario could also occur due to a
sharp downturn in demand for new home construction, repairs, or
remodels. This would also cause debt to EBITDA to rise above 4x,
which would be a potential downside scenario.

"Although we view an upgrade as unlikely in the next 12 months, we
could raise the rating if the company's EBITDA growth outperforms
our base-case expectations while also diversifying into different
product lines. This could happen if the company generates synergies
from RSI faster than we anticipate and supports them by gross
margins rising to 28%. This could cause debt to EBITDA to fall
below 3x, which could warrant a positive rating action if the
company also diversifies its product offering similar to other
'BB+' rated companies."


ARMSTRONG ENERGY: Enters Into Transaction Agreement with Murray
---------------------------------------------------------------
Murray Energy Corporation on Jan. 24, 2018, disclosed that its
unrestricted subsidiary, Murray Kentucky Energy, Inc., ("Murray
Kentucky"), has entered into a legally binding Transaction
Agreement ("Agreement") with Armstrong Energy, Inc. ("Armstrong
Energy") and certain of its senior secured noteholders to acquire a
fifty-one percent (51%) ownership interest in a new company that
will own certain assets formerly held by Armstrong Energy.  The
secured noteholders of Armstrong Energy will hold a forty-nine
percent (49%) ownership interest in the new company.

"We are pleased that we were able to reach an agreement with
Armstrong Energy and its secured noteholders in order to ensure
that these mines continue to operate after the bankruptcy process,"
said Mr. Robert E. Murray, Chairman, President and Chief Executive
Officer of Murray Energy.  "After this transaction is completed,
Murray Kentucky and the lenders of Armstrong Energy will jointly
own five (5) mines that are strategically important in the Illinois
Basin.  These operations will complement our existing mines in the
Illinois Basin," Mr. Murray continued.

The transaction remains subject to approval by the United States
Bankruptcy Court for the Eastern District of Missouri, which is
administering Armstrong Energy's chapter 11 bankruptcy case.  The
transaction would be implemented as part of Armstrong Energy's
proposed plan of reorganization, which has the support of the
Company's secured noteholders and its Official Committee of
Unsecured Creditors.

The new company will be a producer of low-chlorine, high-sulfur
thermal coal, with five (5) mines in the Illinois Basin, including
three (3) surface mines and two (2) operating underground mines.
As of June 30, 2017, Armstrong Energy controlled over 445 million
tons of proven and probable coal reserves in Western Kentucky.  The
new company will also own and operate the three (3) existing coal
processing plants and river dock coal handling and rail loadout
facilities.  Murray Kentucky will manage these mines, along with
the coal preparation and shipment facilities, after this
transaction has closed.

"This transaction will provide needed stability to the coal
industry in Western Kentucky," Mr. Murray stated.  "It will also
provide operational consistency to our domestic customers and
greater opportunity for coal sales into the international export
markets.  This is a very important transaction for our employees,
the employees of Armstrong who will join us, and our lenders and
customers," concluded Mr. Murray.

Murray Energy and Murray Kentucky are being advised by legal
counsel Schulte Roth & Zabel LLP, in connection with this
acquisition.

                     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.


AUTHENTIDATE HOLDING: Incurs $3.1 Million Net Loss in Q2 2017
-------------------------------------------------------------
Authentidate Holding Corp. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
available to common shareholders of $3.06 million on $5.53 million
of total net revenues for the three months ended Dec. 31, 2017,
compared to a net loss available to common shareholders of $369,362
on $4.88 million of total net revenues for the same period a year
ago.

For the six months ended Dec. 31, 2017, Authentidate reported a net
loss available to common shareholders of $4.28 million on $8.88
million of total net revenues compared to a net loss available to
common shareholders of $374,153 on $10.93 million of total net
revenues for the six months ended Dec. 31, 2016.

As of Dec. 31, 2017, the Company had $12.41 million in total
assets, $8.42 million in total liabilities and $3.98 million in
total shareholders' equity.

"Our capital requirements have been and will continue to be
significant.  We are expending significant amounts of capital to
develop, promote and market our services.  Our available cash and
cash equivalents as of December 31, 2017 totaled approximately
$357,000.  However, available cash and cash equivalents as of the
filing date of this Quarterly Report on Form 10-Q is approximately
$1,057,000 and our estimated monthly cash requirement is
approximately $1,300,000.  Our net cash used in operating
activities was approximately $765,000 for the six months ended
December 31, 2017 and $21,000 was provided in the six months ended
December 31, 2016.  Further, as of the filing date of this
Quarterly Report on Form 10-Q, there is outstanding an aggregate
principal amount of approximately $2,755,000 of notes, consisting
of an aggregate principal amount of $2,545,199 of senior secured
convertible notes with a maturity date of March 20, 2018 and a
secured note subordinated to the interests of the senior lenders in
the amount of $210,000 to the Company's former chief financial
officer, with a maturity date of June 15, 2018 and is included in
accrued expenses on the condensed consolidated balance sheet.
Although no guarantee can be given, management anticipates that it
will be able to extend of otherwise modify the Company's
obligations under the notes for an additional period or periods. We
expect the Company's existing resources, revenues generated from
operations, and proceeds received from other transactions we are
considering (of which there can be no assurance) to satisfy working
capital requirements for at least the next twelve months, although
no assurances can be given that we will be able to generate
sufficient cash flow from operations or complete other transactions
to satisfy other obligations.  These factors raise substantial
doubt about the Company's ability to continue as a going concern,"
the company stated in the Quarterly Report.

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

                   https://is.gd/oEiSKu

                      About Authentidate

Authentidate Holding Corp. and its subsidiaries --
http://www.authentidate.com/-- primarily provide clinical testing
services to health care professionals through its wholly owned
subsidiary, Peachstate Health Management, LLC d/b/a AEON Clinical
Laboratories.  AHC also continues to provide its legacy secure
web-based revenue cycle management applications and telehealth
products and services that enable healthcare organizations to
increase revenues, improve productivity, reduce costs, coordinate
care for patients and enhance related administrative and clinical
workflows and compliance with regulatory requirements.  Web-based
services are delivered as Software as a Service (SaaS) to its
customers interfacing seamlessly with billing, information and
records management systems.  The Company is based in Gainesville,
Georgia.

Authentidate Holding reported a net loss of $32.07 million on
$20.19 million of total net revenues for the year ended June 30,
2017, compared to net income of $5.26 million on $34.57 million of
total net revenues for the year ended June 30, 2016.

The Company's independent accounting firm IsnerAmper LLP in Iselin,
New Jersey, issued a "going concern" opinion in its report on the
consolidated financial statements for the year ended June 30, 2017,
noting that the Company has a working capital deficit and its
capital requirements have been and will continue to be significant,
which raise substantial doubt about its ability to continue as a
going concern.


AVAYA INC: Announces Preliminary Revenue for 1st Qtr. Fiscal 2018
-----------------------------------------------------------------
Avaya Holdings Corp. on Jan. 25, 2018, announced preliminary
unaudited revenue for the first quarter of fiscal 2018 ended
December 31, 2017.  Due to the complexities of applying fresh start
accounting as of December 15, 2017 as the result of our emergence
from bankruptcy, Avaya expects to provide complete first quarter of
fiscal 2018 results the week of February 26, 2018.  The company
will provide conference call and webcast details at a future date.

Due to the company's emergence from bankruptcy on December 15,
2017, the results for the quarter are required to be presented
separately as the predecessor period from October 1, 2017 through
December 15, 2017 (the "Predecessor Period") and the successor
period from December 16, 2017  through December 31, 2017 (the
"Successor Period").  GAAP revenue for the first quarter of fiscal
2018 is expected to be in the range of $600 to $604 million for the
Predecessor Period and $146 to $150 million for the Successor
Period.  For comparative purposes, GAAP revenue for the quarter
ending September 30, 2017 was $790 million, including $5 million
related to the Networking business and $875 million for the quarter
ending December 31, 2016, including $66 million related to the
Networking business.  The company sold its Networking business on
July 14, 2017.

Non-GAAP revenue for the quarter ended December 31, 2017 is
expected in the range of $769 to $779 million, a decline of
approximately 1% to 2% sequentially, excluding the Networking
business, and 4% to 5% lower than the first quarter of the prior
fiscal year, excluding the Networking business.

Revenue (in millions):

October 1, 2017– December 15, 2017
(Predecessor Period)   $600-604
December 16, 2017– December 31, 2017 $146-150  
Preliminary adjustment to revenue due to fresh start accounting for
the period December 16, 2017– December 31, 2017 23-25

Total Successor Period   169-175

First Quarter Non-GAAP revenue   $769-779

The company noted that the revenue for the first quarter ended
December 31, 2017 is preliminary and subject to the completion of
financial closing and review procedures performed by its
independent registered public accounting firm.  There can be no
assurance that the company's final revenue will not differ from
these preliminary estimates as a result of quarter-end closing,
review procedures, or review adjustments, and any such changes
could be material.

"I'm pleased with our preliminary revenue given Avaya's emergence
was not until the last two weeks of the quarter and we continue to
stabilize our business," said Jim Chirico, president and CEO. "This
is a great start to fiscal year 2018 as we emerge a stronger
company with an enhanced capital structure that positions us well
for the growth opportunities in front of us."

                         About Avaya Inc.

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

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

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

Judge Stuart M. Bernstein presides over the cases.

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

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

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


AVERY BRADLEY GREEN: Court Appoints E. Saslow as Ch. 11 Trustee
---------------------------------------------------------------
Judge Lena Mansori James of the Middle District of North Carolina
appoints Everett B. Saslow, Jr., as the Chapter 11 Trustee in the
case of Avery Bradley Brown upon the request of Palm Avenue Hialeah
Trust, a Deleware Statutory Trust.

Based on the record in the case, Palm Avenue has demonstrated cause
for appointment of a Chapter 11 Trustee. The motion of the
Bankruptcy Administrator for appointment of an Examiner or a
Chapter 11 Trustee, which requested similar relief, is denied as
moot.

The Trustee will investigate the financial condition of the Debtor,
including assets and liabilities, the operation of the debtor’s
business, and the feasibility of continuing such business. The
Trustee will make a written report to the Court within 30 days of
the entry of this Order; the written report will address whether
the case should be converted to a case under Chapter 7.

Avery Bradley Green filed a Chapter 11 petition (Bankr. M.D.N.C.
Case No. 17-11043), on September 15, 2017. The Debtor is
represented by Phillip E. Bolton, Esq.




BANK OF ANGUILLA: Seeks to Hire Epiq as Administrative Agent
------------------------------------------------------------
National Bank of Anguilla (Private Banking & Trust) Ltd., asks the
U.S. Bankruptcy Court for the Southern District of New York for
authority to employ Epiq Bankruptcy Solutions, LLC, as its
administrative agent, nunc pro tunc to Dec. 22, 2017.

The Debtor filed (a) the Liquidating Plan of Reorganization, dated
December 22, 2017; and (b) an accompanying related Disclosure
Statement under section 1125 of the Bankruptcy Code.  A hearing to
consider the adequacy of the Disclosure Statement has been
scheduled for January 30, 2018.  A hearing on confirmation of the
Plan is scheduled for March 15, 2018.

The Debtor needs Epiq to render these services:

     (a) Consult with client and. its counsel regarding timing
issues, voting and tabulation procedures, and documents needed for
the vote.

     (b) Review of voting-related sections of the voting procedures
motion, disclosure statement and ballots for procedural and timing
issues.

     (c) Assist in obtaining information regarding members of
voting classes, including lists of holders of bonds from DTC and
other entities (and, if needed, assist client in requesting these
listings).

     (d) Coordinate distribution of solicitation documents.

     (e) Respond to requests for documents from parties in
interest, including brokerage firm and bank back-offices and
institutional holders.

     (f) Respond to telephone inquiries from lenders, bondholders
and nominees regarding the disclosure statement and the voting
procedures.

     (g) Receive and examine all ballots and master ballots cast by
voting parties. Date-stamp the originals of all such ballots and
master ballots upon receipt.

     (h) Tabulate all ballots and master ballots received prior to
the voting deadline in accordance with established procedures, and
prepare a certification for filing with the court.

     (i) Provide other claims processing, noticing, solicitation,
balloting, distributions, and other administrative services
described in the Services Agreement, but not included in the
Section 156(c) Order, as may be requested from time to time by the
Debtor, the Court, or the clerk of the Court.

On August 8, 2016, the Court entered an Order authorizing the
Debtor to employ Epiq Bankruptcy Solutions, LLC as notice and
claims agent.

Brian Karpuk, director of consulting services for Epiq, disclosed
that Epiq is a "disinterested person" as that term is defined in
Section 101(14) of the Bankruptcy Code.

Epiq Systems may be reached at:

     Pamela Corrie
     Epiq Bankruptcy Solutions, LLC
     777 Third Avenue, Third Floor
     New York, New York 10017

                 About National Bank of Anguilla

National Bank of Anguilla (Private Banking & Trust Ltd.) filed a
voluntary Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case No.
16-11806) on June 22, 2016.

National Bank of Anguilla (Private Banking & Trust Ltd.) is a
commercial bank incorporated and licensed in Anguilla, with its
headquarters located at the Conrad W. Fleming Corporate Building on
St. Mary's Road in The Valley, Anguilla.  It is wholly-owned by the
National Bank of Anguilla Ltd. -- NBA -- which was incorporated
pursuant to the laws of Anguilla as a privately-owned company.

NBA was formed in 1984 and started operating in 1985, when it
acquired the Anguilla branch of the Bank of America National Trust
& Savings Association.  The private-banking unit provides financial
services to offshore clients around the world and is wholly owned
by its parent.

On August 12, 2013, the Eastern Caribbean Central Bank, which was
the regulator of NBA, placed the affairs of NBA into
conservatorship pursuant to the Eastern Caribbean Central Bank
Agreement Act.

As of August 12, 2013, the Debtor's affairs were conducted in
accordance with instructions given by, and under the management
control of, individuals appointed from time to time by the ECCB as
conservators of NBA.  The Conservator Directors included Messrs.
Martin Dinning, Hudson Carr, and Shawn Williams.

On April 22, 2016, the ECCB appointed a receiver to NBA and, on
that date (at 4:00 pm. local time), NBA ceased banking operations
in Anguilla.  NBA's banking operations were transferred to a newly
established bank, National Commercial Bank of Anguilla Ltd, which
is wholly owned by the government of Anguilla.

By order dated February 22, 2016, the Eastern Caribbean Supreme
Court in the High Court of Justice Anguilla Circuit (a) placed the
Debtor's operations under administration pursuant to section
31(2)(b) of the Financial Services Commission Act, R.S.A. 0. F28;
and (b) appointed William Tacon as the administrator of the
Debtor.

At the close of business on April 25, 2016, the Debtor ceased
accepting new deposits. Currently, the majority of the Debtor's
creditors consists of approximately 600 depositors with positive
account balances.

By an Order dated May 19, 2016, the High Court conferred upon the
Administrator the powers of a liquidator under the Companies Act,
R.S,A. 0 C65, as permitted by section 31(3) of the F SC Act.

On May 26, 2016, the Administrator filed a petition under Chapter
15 of the Bankruptcy Code seeking recognition of the Anguillian
Proceeding as a foreign main proceeding (Bankr. S.D.N.Y. Case No.
16-11529-mg).  On June 17, the Court entered an Order recognizing
the Anguillian Proceeding as a foreign main proceeding and the
Administrator as the Debtor's authorized foreign representative.

The Debtor may be reached at:

     National Bank of Anguilla (Private Banking & Trust) Ltd.
     Attn: Matt Richardson
     Ritter House
     PO. Box 993
     Wickhams Cay 11
     Tortola, British Virgin Islands
     E-mail: matt.richardson@fticonsulting.com

The Debtor is represented as Chapter 11 counsel by:

     James C. McCarroll, Esq.
     Jordan W. Siev, Esq.
     Kurt F. Gwynne, Esq.
     REED SMITH, LLP
     599 Lexington Avenue
     New York, NY 10022
     E-mail: jmccarroll@reedsmith.com
             jsiev@reedsmith.com
             kgwynne@reedsmith.com


BANRO CORPORATION: Commences Sale, Investment Solicitation Process
------------------------------------------------------------------
On Dec. 22, 2017, Banro Corporation ("Banro") and its Barbados
based subsidiaries (collectively, the "Companies") commenced
restructuring proceedings under the Companies' Creditors
Arrangement Act ("CCAA") pursuant to an initial order granted by
the Ontario Superior Court of Justice (Commercial List) (the
"Court").  FTI Consulting Canada Inc. has been appointed Monitor
(the "Monitor") of the Companies for the CCAA proceedings.

Pursuant to an order of the Court dated January 18, 2018, the
Companies on Jan. 22 initiated a sale and investment solicitation
process ("SISP") to be conducted in conjunction with the CCAA
proceedings.  The Initial Order provides that the Monitor will
assist the Companies in conducting the SISP.  Banro and the
Monitor, through its affiliate, FTI Capital Advisors ULC ("FTICA"),
are seeking parties interested in acquiring or investing in the
business or the assets of the Companies in a manner that is
determined to be a superior offer to the Recapitalization Plan
under the CCAA process.

Interested parties will be given an opportunity to submit offers
for the acquisition of the business and assets of some or all of
the business and assets of the Company and its subsidiaries (i) for
cash proceeds equal to the outstanding amount of the DIP Facility,
the priority debt, 75% of the affected parity lien debt of Banro,
and cash consideration sufficient to repay all amounts due under
the stream agreements or treatment of the stream agreements on the
same terms as the Recapitalization Plan, or (ii) on other terms
determined to be superior to the Recapitalization Plan, in
accordance with the terms of the SISP (capitalized terms as defined
in the SISP).  The operating assets of the Companies include the
Namoya Mine and the Twangiza Mine located in the Democratic
Republic of the Congo.

Under the SISP, potential buyers will be provided a confidential
information memorandum and access to a virtual data room on
execution of a non-disclosure agreement acceptable to Banro and the
Monitor.  The deadline for submission of non-binding letters of
intent is 12 p.m. (Eastern Standard Time) on March 2, 2018, and the
deadline for submission of binding bids is 12 p.m. (Eastern
Standard Time) on April 9, 2018.

A copy of the SISP and all related CCAA materials can be found on
the Monitor's website at:

         http://cfcanada.fticonsulting.com/banro/

Any potential buyer interested in participating in the SISP should
contact FTICA at banro@fticonsulting.com.  Similarly, any questions
in respect of the SISP should be directed tothe Monitor at
banro@fticonsulting.com

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


BIOSCRIP INC: Ardsley Advisory Stake Down to 0.07% as of Nov. 2
---------------------------------------------------------------
Ardsley Advisory Partners, Phillip J. Hempleman, and Ardsley
Healthcare Fund, LP reported to the Securities and Exchange
Commission that as of Dec. 31, 2017, they beneficially own 90,000
shares of common stock of BioScrip, Inc., constituting
0.07% based on 127,515,573 outstanding shares of Common Stock of
the Issuer, as disclosed on the Issuers 10-Q filed with the SEC on
Nov. 2, 2017.  A full-text copy of the Schedule 13D/A is available
for free at https://is.gd/ZRhfbk

                      About BioScrip, Inc.

Headquartered in Denver, Colo., BioScrip, Inc. --
http://www.bioscrip.com/-- is a national provider of infusion
service that partners with physicians, hospital systems, skilled
nursing facilities and healthcare payors to provide patients access
to post-acute care services.  The Company operates with a
commitment to bring customer-focused infusion therapy services into
the home or alternate-site setting.  By collaborating with the full
spectrum of healthcare professionals and the patient, the Company
aims to provide cost-effective care that is driven by clinical
excellence, customer service and values that promote positive
outcomes and an enhanced quality of life for those whom it serves.

BioScrip incurred a net loss attributable to common stockholders of
$50.59 million for the year ended Dec. 31, 2016, compared to a net
loss attributable to common stockholders of $309.51 million for the
year ended Dec. 31, 2015.  As of Sept. 30, 2017, Bioscrip had
$590.24 million in total assets, $588.80 million in total
liabilities, $2.73 million in series A convertible preferred stock,
$76.70 million in series C convertible preferred stock, and a total
stockholders' deficit of $77.99 million.

                           *    *    *

Moody's Investors Service affirmed BioScrip, Inc.'s 'Caa2'
Corporate Family Rating.  BioScrip's Caa2 CFR reflects the
company's very high leverage and weak liquidity, as reported by the
TCR on Aug. 3, 2017.

In July 2017, S&P Global Ratings affirmed its 'CCC' corporate
credit rating on BioScrip Inc. and removed the rating from
CreditWatch, where it was placed with negative implications on Dec.
16, 2016.  The outlook is positive.  "The rating affirmation
reflects our view that, although BioScrip addressed its upcoming
maturities by refinancing its senior secured credit facilities and
improved its liquidity position, the company's credit measures will
remain weak in 2017 with debt leverage of about 14x (including our
treatment of preferred stock as debt) and funds from operations
(FFO) to debt in the low single digits.  We expect the company to
use about $15 million - $20 million of cash in 2017, inclusive of
cash charges associated with restructuring following the recently
announced United Healthcare contract termination."


CINEVIA CORP: Hires Landrau Rivera & Associates as Legal Counsel
----------------------------------------------------------------
Cinevia Corp seeks approval from the U.S. Bankruptcy Court for the
District of Puerto Rico to employ Landrau Rivera & Assoc. and its
attorney Noemi Landrau River, Esq. as its legal counsel.

Professional services to be rendered by the Counsel are:

     a. advise DIP with respect to its duties, powers and
responsibilities in this case under the laws of the United States
and Puerto Rico in which the Debtor in possession conducts its
business, or is involved in litigation;

     b. advise DIP in connection wit a determination whether a
reorganization is feasible and, if not, aid the debtor in the
orderly liquidation of its assets;

     c. assist DIP with respect to negotiations with creditors for
the purpose of proposing a viable plan of reorganization;

     d. prepare on behalf of the DIP the necessary complaints,
answers, orders, reports, memoranda of law and/or any other legal
papers or documents;

     e. appear before the Bankruptcy Court, or any Court in which
DIP asserts a claim interest or defense directly or indirectly
related to this bankruptcy case;

     f. perform such other legal services for DIP as may be
required in these proceedings or in connection with the operation
of/and involvement with debtor's business, including but not
limited to notarial services;

     g. employ other professional services as necessary to complete
debtor's financial reorganization with Chapter 11 of the Bankruptcy
Code.

The counsels' hourly rates are:

     Noemi Landrau Rivera           $200
     Josue A. Landrau Rivera        $175
     Legal & financial assistants    $75

Noemi Landrau Rivera, Esq. attests that she and Landrau Rivera &
Assoc. are disiniterested persons within the definition provided by
11 U.S.C. Sec. 101(14).

The firm can be reached through:

     Noemi Landrau Rivera, Esq.  
     Landrau Rivera & Associates
     Carr. 21, Km. 3.2 Bp. Monacillos
     P.O. Box 270219
     San Juan, PR 00927-0219
     Tel: (787) 774-0224
     Fax: (787) 793-1004

                                        About Cinevia Corp.

Based in San Juan, Puerto Rico, Cinevia Corp. filed a Chapter 11
petition (Bankr. D.P.R. Case No. 18-00135) on January 12, 2018,
listing under $1 million in both assets and liabilities.  Cinevia
Corp. has previously filed a chapter 11 petition (Bankr. D.P.R.
Case No. 15-03407) on May 5, 2015.

The Debor is represented by Noemi Landrau Rivera, Esq. at Landrau
Rivera & Associates as counsel.


COMPUWARE HOLDINGS: Moody's Ups CFR to B2 on Growing Revenue Base
-----------------------------------------------------------------
Moody's Investors Service upgraded Compuware Holdings LLC's
corporate family rating to B2 from B3, and upgraded its probability
of default rating to B2-PD from B3-PD. Moody's also upgraded the
company's first lien credit facilities to B2 from B3 and upgraded
its second lien term loan to Caa1 from Caa2. Moody's expects that
ratings on the company's second lien term loan will be withdrawn if
the company repays the outstanding balance concurrent with its
proposed first lien re-pricing and incremental issuance. The
outlook is stable.

The upgrade to B2 from B3 reflects Compuware's growing revenue base
and potential for continued organic growth. Moody's expects free
cash flow to debt to approach 6.5% over the next 12 to 18 months.
Debt to EBITDA, excluding certain one-time costs, was about 6.5x
based on preliminary December 31, 2017 results, but is expected to
approach 6.0x over the next 12-18 months if the company continues
to grow revenue and EBITDA in its Dynatrace and Compuware
businesses and repays debt.

Upgrades:

Issuer: Compuware Holdings, LLC

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

-- Corporate Family Rating, Upgraded to B2 from B3

-- Senior Secured Bank Credit Facility, Upgraded to B2 (LGD4)
    from B3 (LGD3)

-- Senior Secured Bank Credit Facility, Upgraded to Caa1 (LGD6)
    from Caa2 (LGD6)

Outlook Actions:

Issuer: Compuware Holdings, LLC

-- Outlook, Changed To Stable From Positive

RATINGS RATIONALE

The B2 corporate family rating reflects Compuware's high financial
leverage and recent declines in certain business lines, offset by
recent evidence of organic growth in both its Dynatrace and
Compuware mainframe businesses. Leverage was about 6.5x for the LTM
period ended December 31, 2017, based on preliminary results and
after adjusting for certain one-time expense (capitalized R&D is
treated as an expense). The ratings recognize the leading position
of Dynatrace in the application performance monitoring (APM) market
and the company's strong position in the mainframe tools market.
The mainframe business is showing signs of growth after years of
declines, and it contributes about half of Compuware's EBITDA and
cash flow. While the Dynatrace business declined in the year after
the 2015 buyout, it has recently exhibited strong single digit
growth. In the absence of material acquisitions, the company has
the potential to de-lever to about 6.0x over the next 12-18 months
if it continues to make modest debt repayments and grows EBITDA
organically. Cash flow is expected to continue to improve as
one-time expenses roll off and Dynatrace continues strong bookings
growth.

The stable rating outlook reflects Moody's expectation that over
the next 12-18 months leverage will approach 6.0x while the company
maintains revenue growth.

The ratings could be upgraded if the company is able to continue to
grow revenues organically such that debt to EBITDA is sustained
below 4.5x and free cash flow to debt is maintained above 8%.

The ratings could be downgraded if leverage is expected to exceed
7.0x on other than a temporary basis, or if free cash flow to debt
is sustained below 5%. Ratings could also be downgraded if
liquidity deteriorates.

Liquidity is good based on an estimated $95 million of cash on the
balance sheet pro forma for the proposed re-pricing and increase to
the first lien term loan and repayment of the second lien term
loan. Moody's expects annualized free cash flow of about $100
million over the next 12-18 months. The company has access to a
$100 million revolver ($25 million drawn, pro forma for the
proposed re-pricing transaction).

The principal methodology used in these ratings was Software
Industry published in December 2015.

Compuware Holdings, LLC is the holding company that was set up to
acquire Compuware Corporation and Keynote Systems (now Dynatrace).
Compuware Holdings is owned by private equity firm, Thoma Bravo.
Compuware and Dynatrace are providers of IT operations management
software. The company had revenues of approximately $700 million in
the LTM period ended September 30, 2017.


CRESTOR GLOBAL: Seeks Appointment of Chapter 11 Trustee
-------------------------------------------------------
Debtor Crestor Global Investments, Funds II, LLC, filed a motion
asking the U.S. Bankruptcy Court for the Northern District of Texas
to appoint a Chapter 11 Trustee, or in the alternative, convert
their Chapter 11 case to Chapter 7.

The Debtor asserts that the relationship between the Debtor and the
Secured Lender is acrimonious, and it seems that the Secured Lender
lacks confidence in the Debtor's management. Under the
circumstances of this case, cause exists to appoint a trustee.

The Debtor believes an impartial third party should have the
opportunity to review the Debtor's books and records and determine
what the best course of action should be.

In the alternative, the Debtor is eligible for relief under Chapter
7 and requests the Court enter an order converting this case. The
Debtor's primary asset is several pieces of real property, all of
which the Debtor believes have equity. The Debtor intended to
propose a liquidating plan, but the Secured Creditor has indicated
it will never support a plan for this Debtor. Therefore, the Debtor
believes if a chapter 11 trustee is not appropriate, conversion of
this case to Chapter 7 would be in the best interest of the Debtor
and its estate at this time.

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

     http://bankrupt.com/misc/txnb17-34797-11-20.pdf

Proposed Attorneys for the Debtor:

     Joyce W. Lindauer, Esq.
     Sarah M. Cox, Esq.
     Jeffery M. Veteto, Esq.
     Joyce W. Lindauer Attorney, PLLC
     12720 Hillcrest Road, Suite 625
     Dallas, Texas 75230
     Telephone: (972) 503-4033
     Facsimile: (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.


CSA HOLDINGS: $67,500 Back Compensation for Directors Approved
--------------------------------------------------------------
Emil Assentato, acting as a disinterested director of CSA Holdings
Inc., recommends and approves back compensation for Charles Smith
serving 30 months and James Willett for 24 months as directors.
Mr. Smith be compensated in the amount of $37,500 and Mr. Willett
in the amount of $30,000.  This compensation can be converted into
stock at some future point, according to a Form 8-K filed with the
Securities and Exchange Commission.

                       About CSA Holdings

CSA Holdings Inc., headquartered in Denver, Colorado, provides
comprehensive security systems and services catering to businesses
in the legalized cannabis industry.

CSA Holdings reported a net loss of $893,096 in 2016 following a
net loss of $1.92 million in 2015.  As of Sept. 30, 2017, CSA
Holdings had $1.37 million in total assets, $674,141 in total
liabilities and $699,789 in total stockholders' equity.

WSRP, LLC, in Salt Lake City, Utah, issued a "going concern"
opinion in its report on the consolidated financial statements for
the year ended Dec. 31, 2016, noting that the Company has suffered
recurring losses from operations and negative cash flows from
operating activities that raise substantial doubt about its ability
to continue as a going concern.


DATA SYSTEMS: 9th Circuit Affirms Order Confirming Chapter 11 Plan
------------------------------------------------------------------
In the case captioned WILLIAM F. HOLDNER, Appellant, v. AMY E.
MITCHELL, Appellee, No. 17-35319 (9th Cir.), Holdner appeals pro se
from the district court's order affirming the bankruptcy court's
order confirming debtor Data Systems, Inc.'s chapter 11 plan of
reorganization. Upon review, the U.S. Court of Appeals, Ninth
Circuit, affirms the bankruptcy court's order.

The Ninth Circuit held that the bankruptcy court did not abuse its
discretion by confirming DSI's plan of reorganization because
Holdner failed to establish any basis to deny confirmation under 11
U.S.C. section 1129. To the extent Holdner contends that the
bankruptcy court erred by approving the second amended disclosure
statement, the Ninth Circuit rejects such contention as without
merit.

A copy of the Ninth Circuit's Memorandum dated Jan. 23, 2018 is
available at https://is.gd/9MJXGv from Leagle.com.

                      About Data Systems

Portland, Oregon-based Data Systems, Inc., filed for Chapter 11
bankruptcy protection (Bankr. D. Ore. Case No. 16-30477) on Feb.
11, 2016, estimating its assets at between $1 million and $10
million and its liabilities at between $100,000 and $500,000.  The
petition was signed by William F. Holdner, president.

Judge Randall L. Dunn presides over the case.

Ted A Troutman, Esq., at Troutman Law Firm P.C. serves as the
Debtor's bankruptcy counsel.

Amy Mitchell was appointed Chapter 11 trustee of Data Systems, Inc.
The Chapter 11 Trustee retains Henderson Bennington Moshofsky,P.C.,
as accountant.

The Troubled Company Reporter, on Dec. 7, 2016, reported that Judge
Randall L. Dunn of the United States Bankruptcy Court for the
District of Oregon confirmed the First Amended Plan of
Reorganization proposed by the duly appointed chapter 11 trustee,
Amy Mitchell, for the debtor-in-possession Data Systems, Inc.


DENBURY RESOURCES: Moody's Assigns Caa1 Sr. 2nd Lien Notes Rating
-----------------------------------------------------------------
Moody's Investors Service assigned a Caa1 rating to Denbury
Resources Inc.'s senior secured second lien notes due 2022. The
second lien notes due 2022 were issued as part of two exchange
offerings. Denbury's other ratings are unchanged.

"Denbury's debt exchange transactions reduced the principal amount
of outstanding debt by approximately $184 million, a credit
positive, and if the newly issued convertible debt is converted to
equity, debt balances will be reduced further," commented James
Wilkins, Moody's Vice President.

The following summarizes the rating action.

Assignments:

Issuer: Denbury Resources Inc.

-- GTD Senior Secured 2nd Lien Global Notes, Assigned Caa1 (LGD4)

LGD Adjustments:

Issuer: Denbury Resources Inc.

-- GTD Senior Secured 2nd Lien Global Notes, Adjusted to LGD4
    from LGD3

RATINGS RATIONALE

Denbury's senior secured notes are rated Caa1, the same as the Caa1
Corporate Family Rating (CFR), consistent with Moody's Loss Given
Default Methodology. The second lien notes due 2022 rank pari passu
with the second lien notes due 2021. The second lien notes' Caa1
ratings reflect their more senior priority of claim status compared
to the senior unsecured convertible notes and subordinated notes,
but more junior status compared to the first lien secured revolver.
The notes issues and debt under the revolving credit agreement are
guaranteed by Denbury's existing and future subsidiaries.

Denbury's Caa1 CFR reflects its high leverage, even after reducing
balance sheet debt through debt exchanges and open market
repurchases, and Moody's expectation that leverage will improve in
2018 as the company modestly grows its production, while spending
within cash flow from operations. Denbury's retained cash flow to
debt was 8% and EBITDA to interest expense was 2.4x as of September
30, 2017, pro forma for the two debt exchanges initiated in the
fourth quarter 2017 and including Moody's analytical adjustments.
As the company maintains higher capital spending, it will start to
slowly grow production volumes.

Denbury benefits from its oil-focused production with over 95% of
its production coming from oil extracted primarily from the Gulf
Coast and Rocky Mountain regions, considerable scale, and ownership
of extensive CO2 supply infrastructure. The CO2 EOR-focused
strategy requires significant upfront capital investments, long
development lead times and high operating costs, but also provides
for a lower production decline curve, no exploration risk and
long-lived reserves. If the company can realize crude oil revenues
per barrel above $55/bbl (including the impact of hedging), Moody's
expects Denbury will be able to grow production and generate
positive cash flow, even with its relatively high production costs
and higher 2018 capital expenditures compared to 2017.

The stable outlook reflects Moody's expectation that Denbury will
produce modestly growing volumes in 2018, while limiting its
negative free cash flow. The ratings could be upgraded if Denbury's
retained cash flow to debt approaches 10%, while maintaining
adequate liquidity. It would also need to demonstrate a growing
trend in production while achieving a leveraged full-cycle ratio
(LFCR) approaching 1x. The ratings may be downgraded if liquidity
weakens or retained cash flow to debt deteriorates to less than 5%
on a sustained basis.

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

Denbury Resources Inc., headquartered in Plano, Texas, is an
independent oil and gas company with operations in the Gulf Coast
and Rocky Mountain regions. The company has a significant emphasis
on carbon dioxide enhanced oil recovery (CO2 EOR) operations used
to recover oil from mature fields.


DIAGNOSTIC CENTER: Hires Schwartz Flansburg PLLC as Counsel
-----------------------------------------------------------
Diagnostic Center of Medicine (Allen), LLP, seeks approval from the
U.S. Bankruptcy Court for the District of Nevada to hire Schwartz
Flansburg PLLC as counsel.

Services to be rendered by Schwartz Flansburg are:

     a. advise the Debtor with respect to its powers and duties as
debtor and 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 Chapter 11 case, including all of the legal and
administrative requirements of operating in Chapter 11;

     c. take all necessary action to protect and preserve the
Debtor's estate, including the prosecution of actions on their
behalf, the defense of any actions commenced against the 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 estate;

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

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

     g. appear before this 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 Debtor in connection with this
Chapter 11 case.

Samuel A. Schwartz, Esq., principal of Schwartz Flansburg PLLC,
attests that SF is a "disinterested person" within the meaning of
Section 101(14) of the Bankruptcy Code.

Fees Schwartz Flansburg charges on an hourly basis are:

     Attorneys                           $265 to $625
     Legal assistants and support staff  $140 to $215

The firm can be reached through:

     Samuel A. Schwartz, Esq.
     Bryan A. Lindsey, Esq.
     Connor H. Shea, Esq.  
     Schwartz Flansburg PLLC
     6623 Las Vegas Blvd South, Suite 300
     Las Vegas, NV 89119
     Tel: (702) 385-5544
     Fax: (702) 385-2741

              About Diagnostic Center of Medicine

Diagnostic Center of Medicine (Allen) LLP, in practice since 1977,
is an internal medicine and family medicine group in Southern
Nevada with locations in Henderson and Durango. Diagnostic Center
of Medicine (Allen) LLP filed a Chapter 11 petition (Bankr. D. Nev.
Case No.: 18-10152) on Jan. 12, 2017.  In the petition signed by
CEO Lawrence M. Allen, M.D., the Debtor disclosed $1.70 million in
total assets and $6.08 million total debt.  The case is assigned to
Judge Laurel E. Davis.  The Debtor is represented by Samuel A.
Schwartz, Esq., at Schwartz Flansburg PLLC, as counsel.


DIRECTVIEW HOLDINGS: Accumulated Deficit Raises Going Concern Doubt
-------------------------------------------------------------------
DirectView Holdings, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $2,672,412 on $1,231,491 of total net
sales for the three months ended June 30, 2017, compared with a net
loss of $2,817,429 on $102,824 of total net sales for the same
period in 2016.

For the six months ended June 30, 2017, the Company recorded a net
loss of $582,104 on $1,359,408 of total net sales, compared to a
net loss of $2,243,052 on $281,488 of total net sales for the same
period last year.

At June 30, 2017, the Company had total assets of $3.78 million,
total liabilities of $14.03 million, and a $10.25 million in total
stockholders' deficit.

At June 30, 2017, the Company had an accumulated deficit of
approximately $28.5 million, a stockholders' deficit of
approximately $10 million and a working capital deficiency of
approximately $12.4 million.  The net cash used in operating
activities for the six months ended June 30, 2017 totaled $157,074.
These matters raise substantial doubt about the Company's ability
to continue as a going concern for a period of twelve months from
the issue date of this report.  The ability of the Company to
continue as a going concern is dependent upon increasing sales and
obtaining additional capital and financing.  Management intends to
attempt to raise funds by way of a public or private offering.
While the Company believes in the viability of its strategy to
increase sales volume and in its ability to raise additional funds,
there can be no assurances to that effect.  The Company's limited
financial resources have prevented the Company from aggressively
advertising its products and services to achieve consumer
recognition.

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

                      https://is.gd/O1rhDg

                    About DirectView Holdings

DirectView Holdings, Inc., is a provider of teleconferencing
services to businesses and organizations.  The Company, through its
subsidiaries, operates in two divisions: security and surveillance,
and video conferencing services.  Its security and surveillance
division designs and installs surveillance systems, digital video
recording and services.  Its video conferencing services division
provides teleconferencing services.  Its focus is to provide
conferencing services to organizations, such as professional
service firms, investment banks, law firms, investor relations
firms, and other domestic and multinational companies.


DREAM MOUNTAIN: Naming of A. Amore as Ch. 11 Trustee Sought
-----------------------------------------------------------
Acting U.S. Trustee John P. Fitzgerald, III, filed a motion asking
the U.S. Bankruptcy Court for the Northern District of West
Virginia for an order approving the appointment of Aaron C. Amore
as the Chapter 11 Trustee in the case of Dream Mountain Ranch LLC.

To the best of the Acting U.S. Trustee's knowledge, the Chapter 11
Trustee does not have any connections with the debtors, creditors,
any party in interest, their respective attorneys and accountants,
the United States Trustee or any persons employed in the Office of
the United States Trustee.

The Acting U.S. Trustee is represented by:

     S. Alex Shay (WV Bar No. 13045)
     Office of U.S. Trustee
     United States Courthouse, Room 2025
     300 Virginia Street East
     Charleston, WV 25301
     304-347-3400

                 About Dream Mountain Ranch LLC

Dream Mountain Ranch, LLC, is a privately-held company that owns a
deer and elk hunting game area in North Central West Virginia.  It
offers 15 hunting stands and still hunts scattered across a
1,000-plus acres property.  It offers lodge featuring four
bedrooms, three baths, a full-sized kitchen, wrap around porch, and
a hot tub.  The area also features several activities guest can
enjoy including the Ohiopyle State Park, Falling Water, Blackwater
Falls, and Coopers Rock.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. W.Va. Case No. 17-01051) on October 27, 2017.
Dietrich Steve Fansler, its managing member, signed the petition.

At the time of the filing, the Debtor disclosed $5.02 million in
assets and $2.53 million in liabilities.

Judge Patrick M. Flatley presides over the case.

The Debtor hired Gianola, Barnum, Bechtel & Jecklin, L.C. as its
legal counsel; Dietrich Fansler as its managing agent; and Tetrick
& Bartlett, PLLC as its accountant.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Dream Mountain Ranch, LLC as of
Dec. 13, according to a court docket.


EARTH PRIDE: Hires Maschmeyer Marinas PC as Bankruptcy Counsel
--------------------------------------------------------------
Earth Pride organics, LLC, and Lancaster Fine Foods, Inc., seek
authority from the U.S. Bankruptcy Court for the Eastern District
of Pennsylvania to employ Maschmeyer Marinas P.C. as bankruptcy
counsel.

Services to be performed Maschmeyer are:

     a. advise the Debtors of their rights, powers, and duties as
debtors-in-possession in continuing to operate and manage their
assets;

     b. advise the Debtors concerning and assisting in the
negotiation and documentation of the use of cash collateral and/or
debtor-in-possession financing, debt restructuring and related
transactions;

     c. review the nature and validity of agreements relating to
the Debtors' businesses and advise the Debtors in connection
therewith;

     d. review the nature and validity of liens, if any, asserted
against the Debtors and advise as to the enforceability of such
liens;

     e. advise the Debtors concerning the actions they might take
to collect and recover property for the benefit of their estates;

     f. prepare on the Debtors' behalf all necessary and
appropriate applications, motions, pleadings, orders, notices,
petitions, schedules and other documents, and review all financial
and other reports to be filed in the Debtors' Chapter 11 cases;

     g. advise the Debtors concerning, and preparing responses to,
applications, motions, pleadings, notices and other papers which
may be filed in the Debtors' Chapter 11 cases;

     h. counsel the Debtors in connection with formulation,
negotiation and promulgation of a plan of reorganization and
related documents; and

     i. perform all other legal services for and on behalf of the
Debtors, which may be necessary or appropriate in the
administration of their Chapter 11 cases.

Paul B. Maschmeyer, Esq., shareholder of Maschmeyer Marinas P.C.,
attests that his firm is disinterested person within the meaning of
Sec. 101(14) of the Bankruptcy Code.

Maschmeyer Marinas will charge $490 per hour for services
rendered.

The counsel can be reached through:

     Paul B. Maschmeyer, Esq.
     Maschmeyer Marinas P.C.
     350 South Main Street, Suite 105
     Doylestown, PA 18901
     Phone: (610) 296-3325
     E-mail: Pmaschmeyer357@gmail.com

                    About Earth Pride Organics

Earth Pride Organics, LLC -- http://earthprideorganics.com/-- is a
family owned holding company that includes American Specialty
Foods, Lancaster Fine Foods, EPX Trucking and C.O. Nolt's Bakery
Supply. Headquartered in Lancaster, Pennsylvania, each EPO
subsidiary shares the commonality of specialty food and creates a
vertically integrated organization.  

Lancaster Fine Foods, Inc. -- http://www.lancasterfinefoods.com/--
manufactures and sells food, offering barbecue sauces, mustards,
salsas, marinades, hot sauces, chutneys, cheese spreads, and other
common condiments.

Earth Pride and Lancaster Fine Foods sought Chapter 11 bankruptcy
protection (Bankr. E.D. Pa. Case Nos. 17-13816 and 17-13819) on May
31, 2017, each estimating assets and liabilities between $1 million
and $10 million.  The petitions were signed by Michael S. Thompson,
managing member.

Judge Eric L. Frank presides over the bankruptcy cases.

Paul Brinton Mashchmeyer, Esq., at Maschmeyer Karalis P.C., serves
as the Debtors' bankruptcy counsel.


EL CABALLERO RANCH: Appeal Reinstated in Court's Active Docket
--------------------------------------------------------------
On Jan. 9, 2018, Appellant El Caballero Ranch, Inc. filed a notice
stating that its Chapter 11 bankruptcy proceeding has concluded and
requesting the appeal captioned EL CABALLERO RANCH, INC. and Laredo
Marine, L.L.C., Appellants, v. GRACE RIVER RANCH, L.L.C.,
Appellees, No. 04-16-00298-CV (Tex. App.) be reinstated on the
active docket of the court. No objection or response has been
filed.

Justice Luz Elena D. Chapa of the Court of Appeals of Texas, Fourth
District, therefore, orders the appeal reinstated on the active
docket of the court. The Court orders appellee's brief due Feb. 22,
2018.

A copy of the Court's Order dated Jan. 23, 2018 is available at
https://is.gd/80X5uw from Leagle.com.

Shane John Stolarczyk, Kimberly S. Keller, Annalyn Garrett Smith --
asmith@sr-llp.com -- Judy Kay Jetelina -- jjetelina@sr-llp.com --
Justin Barbour -- jbarbour@sr-llp.com -- for El Caballero Ranch,
Inc., et al, Appellant.

Shannon K. Dunn, Beth Watkins, Steven Haley, John Howard Patterson,
Jr., Jose M. Rubio, Jr., for Grace River Ranch, L.L.C., Appellee.



EUGEN DIETL: Claims Objections Procedurally Defective, Court Rules
------------------------------------------------------------------
Judge Robert Kwan of the U.S. Bankruptcy Court for the Central
District of California entered an order denying Debtor Eugen
Valentin Dietl's objections to claims in the bankruptcy case
captioned In re: EUGEN VALENTIN DIETL, Chapter 11, Debtor, Case
No.: 2:17-bk-15007-RK (Bankr. C.D. Cal.).

The bankruptcy case came on for hearing before the court on Dec.
13, 2017 on the objections to claims filed by Dietl on Nov. 9,
2017. Having reviewed the objections and heard from Debtor and the
responding parties, the court determines that the objections are
procedurally defective.

In each of his written objections to claim, Debtor failed to
include: (1) a copy of the proof of claim; (2) a proof of service
of the objection; and (3) any evidence in support of the objection
as required by Local Bankruptcy Rules 3007-1(c)(1) and (2) and (3)
and 9013-1(c)(3)(A) and (i). Local Bankruptcy Rule
3007-1(c)(1)requires that an objection to claim be supported by
admissible evidence sufficient to overcome the evidentiary effect
of a properly documented proof of claim, and the evidence must
demonstrate that the proof of claim should be disallowed, reduced,
subordinated, re-classified, or otherwise modified.

As to Debtor's objections to the alleged proof of claims of Richard
O'Keefe, Margaret Dietl Schneiderman, Elizabeth Maria Dietl, and
Peggy Myers Jarvel, Debtor's objections are procedurally improper
because no proof of claim has been filed yet for any of these
parties in this case, and thus, there were no claims for Debtor to
object to. Thus, as to these alleged claims, the court denies the
objections without prejudice in case any of these parties later
file a proof of claim.

A copy of Judge Kwan's Order dated Jan. 23, 2018 is available at
https://is.gd/aQpptk from Leagle.com.

United States Trustee (LA), U.S. Trustee, represented by Hatty K.
Yip, Office of the UST/DOJ.

                    About Eugen Valentin Dietl

Eugen Valentin Dietl owns and operates a business called Weld Lab
which provides welding services.  He also generates income from his
Aerospace Corp. pension and Social Security.  

Eugen Valentin Dietl sought Chapter 11 protection (Bankr. C.D. Cal.
Case No. 17-15007) on April 24, 2017.  

The Debtor tapped Matthew D Resnik, Esq., at Simon Resnik Hayes LLP
as counsel.  Luis Garcia and Keller Williams of Keller Williams |
Santa Monica were appointed as Real Estate Broker on July 5, 2017.


EVIO INC: Sadler Gibb & Associates Casts Going Concern Doubt
------------------------------------------------------------
EVIO, Inc., filed with the U.S. Securities and Exchange Commission
its annual report on Form 10-K, disclosing a net loss of $3,590,049
on $3,021,030 of total revenue for the fiscal year ended September
30, 2017, compared to a net loss of $2,552,090 on $560,961 of total
revenue for the year ended in 2016.

The audit report of Sadler, Gibb & Associates, LLC, states that the
Company has negative working capital, recurring losses, and does
not have a source of revenues sufficient to cover its operations
costs.  These factors raise substantial doubt about its ability to
continue as a going concern.

The Company's balance sheet at September 30, 2017, showed total
assets of $6,017,934, total liabilities of $5,792,493, and a total
stockholders' deficit of $225,441.

A copy of the Form 10-K is available at:
                              
                       https://is.gd/Wzwp8b

                         About EVIO, Inc.  

Based in Bend, Oregon, EVIO, Inc., is a life science company
focused on advancing and analyzing cannabis as a means for
improving quality of life.  The Company provides analytical testing
services, advisory services and performs product research in its
accredited laboratory testing facilities.  The Company's EVIO Labs
division operating coast-to-coast provides state-mandated ancillary
services to ensure the safety and quality of the nation's cannabis
supply.



FINJAN HOLDINGS: BCPI I Equity Stake Down to 12.2%
--------------------------------------------------
BCPI I, L.P., BCPI Partners I, L.P., BCPI Corporation, Michael
Eisenberg and Arad Naveh reported to the Securities and Exchange
Commission that as of Jan. 8, 2018, they beneficially own 3,389,572
shares of common stock, par value $0.0001 per share, of Finjan
Holdings, Inc., constituting 12.2 percent of the shares
outstanding.

The 3,389,572 shares are held by BCPI I for itself and as nominee
for BCPI FF and for other individuals and entities, except that
BCPI GP, the general partner of both BCPI I and BCPI FF, may be
deemed to have sole power to dispose of these shares, BCPI Corp.,
the general partner of BCPI GP, may be deemed to have sole power to
dispose of these shares, and Eisenberg and Naveh, the directors of
BCPI Corp., may be deemed to have shared power to dispose of these
shares.

BCPI I sold shares of Finjan's Common Stock on the open market
totaling 377,181 Shares for the period from Nov. 16, 2017, through
Jan. 24, 2018.

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

                    https://is.gd/L2GK1H

                        About Finjan

Established over 20 years ago, Finjan -- http://www.finjan.com/--
is a cybersecurity company focused on four business lines:
intellectual property licensing and enforcement, mobile security
application development, advisory services, and investing in
cybersecurity technologies and intellectual property.  Licensing
and enforcement of the Company's cybersecurity patent portfolio is
operated by its wholly-owned subsidiary Finjan, Inc.  Finjan became
a wholly owned subsidiary of Finjan Holdings in June of 2013 after
a merger transaction, following which we began trading on the OTC
Markets.  The Company's common stock has been trading on the NASDAQ
Capital Market since May 2014.  Since the merger, the Company
continues to execute on its existing business lines while outlining
a vision and focusing on growth.  Finjan is based in East Palo
Alto, California.

Finjan reported a net loss attributable to common stockholders of
$6.43 million for the year ended Dec. 31, 2016, a net loss
attributable to common stockholders of $12.60 million for the year
ended Dec. 31, 2015, and a net loss of $10.47 million for the year
ended Dec. 31, 2014.  

As of Sept. 30, 2017, Finjan Holdings had $45.32 million in total
assets, $11.96 million in total liabilities, $18 million in
redeemable preferred stock and $15.35 million in total
stockholders' equity.


FIRST RIVER: Hires Donlin Recano & Co as Claims and Noticing Agent
------------------------------------------------------------------
First River Energy, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Delaware to hire Donlin, Recano &
Company, Inc., as claims and noticing agent.

Service to be provided by DRC are:

     a. prepare and serve required notices and documents in this
chapter 11 case in accordance with the Bankruptcy Code and the
Bankruptcy Rules in the form and manner directed by the Debtor
and/or the Court, including, if applicable, (i) notice of the
commencement of the case and the initial meeting of creditors under
section 341(a) of the Bankruptcy Code, (ii) notice of any claims
bar date, (iii) notices of transfers of claims, (iv) notices of
objections to claims and objections to transfers of claims, (v)
notices of any hearings on a disclosure statement and confirmation
of the Debtor's chapter 11 plan, including under Bankruptcy Rule
3017(d), (vi) notice of the effective date of any plan, and (vii)
all other notices, orders, pleadings, publications, and other
documents as the Debtor and/or the Court may deem necessary or
appropriate for an orderly administration of this chapter 11 case;


      b. prepare and file or cause to be filed with the Clerk an
affidavit or certificate of service for all notices, motions,
orders, other pleadings, or documents served within seven business
days of service that includes (i) either a copy of the notice
served or the docket number(s) and title(s) of the pleading(s)
served, (ii) a list of persons to whom it was mailed (in
alphabetical order) with their addresses, (iii) the manner of
service, and (iv) the date served;

      c. maintain an official copy of the Debtor's schedules of
assets and liabilities and statements of financial affairs, listing
the Debtor's known creditors and the amounts owed thereto;

      d. maintain a list of all potential creditors, equity
holders, and other parties in interest, and a "core" mailing list
consisting of all parties described in Bankruptcy Rule 2002 and
those parties that have filed a notice of appearance pursuant to
Bankruptcy Rule 9010;

      e. furnish a notice to all potential creditors of the last
date for filing proofs of claim and a form for filing a proof of
claim, after such notice and form are approved by the Court, and
notifying said potential creditors of the existence, amount, and
classification of their respective claims as set forth in the
Schedules, which may be effected by inclusion of such information
(or the lack thereof, in cases where the Schedules indicate no debt
due to the subject party) on a customized proof of claim form
provided to potential creditors;

      f. maintain a post office box or address for the purpose of
receiving claims and returned mail, and processing all mail
received;

      g. process all proofs of claim received, including those
received by the Clerk's office, and checking said processing for
accuracy, and maintaining the original proofs of claim in a secure
area;

      h. maintain an electronic platform for purposes of filing
proofs of claim;

      i. maintain the official claims register for the Debtor on
behalf of the Clerk and upon the Clerk's request; providing public
access to every proof of claim unless otherwise ordered by the
Court; providing the Clerk with certified, duplicate unofficial
Claims Register; and specifying in the Claims Register the
following information for each claim docketed: (i) the claim number
assigned; (ii) the date received; (iii) the name and address of the
claimant and agent, if applicable, who filed the claim; (iv) the
amount asserted; (v) the asserted classification(s) of the claim
(e.g., secured, unsecured, priority, etc.); (vi) identification of
the Debtor against which the claim is made; and (vii) any
disposition of the claim;

      j. provide public access to the Claims Register, if any,
including complete proofs of claim with attachments, if any,
without charge;

      k. implement necessary security measures to ensure the
completeness and integrity of the Claims Register and the
safekeeping of the original claims;

      l. record all transfers of claims and providing any notices
of such transfers as required by Bankruptcy Rule 3001(e);

      m. relocate, by messenger or overnight delivery, all of the
court-filed proofs of claim to the offices of DRC, not less than
weekly;

      n. upon completion of the docketing process for all claims
received to date for each case, turn over to the Clerk copies of
the Claims Register for the Clerk's review;

      o. monitor the Court's docket for all notices of appearance,
address changes, and claims-related pleadings and orders filed, and
making necessary notations on and/or changes to the Claims Register
and any service or mailing lists, including to identify and
eliminate duplicative names and addresses from such lists;

      p. assist in the dissemination of information to the public
and responding to requests for administrative information regarding
the case, as directed by the Debtor and/or the Court, including
through the use of a case website and/or call center;

      q. if the case is converted to chapter 7, contact the Clerk's
Office within three days of the notice to Claims and Noticing Agent
with entry of the order converting the case;

      r. thirty (30) days prior to the close of this case, to the
extent practicable, request that the Debtor submit to the Court a
proposed order dismissing DRC and terminating DRC's services upon
completion of its duties and responsibilities and upon the closing
of this case;

      s. within seven days' notice to DRC of entry of an order
closing the chapter 11 case, provide to the Court the final version
of the Claims Register as of the date immediately before the close
of the case; and

      t. at the close of this case, box and transport all original
documents, in proper format, as provided by the Clerk's office, to
(i) the Federal Archives Record Administration, located at Central
Plains Region, 200 Space Center Drive, Lee's Summit, Missouri
64064, or (ii) any other location requested by the Clerk's Office.

Alexander T. Leventhal,  President and Chief Executive Officer of
Donlin, Recano & Company, Inc., attests that DRC is a
"disinterested person" as that term is defined in section 101(14)
of the Bankruptcy Code with respect to the matters upon which it is
to be engaged.

DRC's hourly rates are:

     Senior Bankruptcy Consultant      $175
     Case Manager                      $140
     Technology/Programming Consultant $110
     Consultant/Analyst                $90
     Clerical                          $45

The agent can be reached through:

     Alexander T. Leventhal, Esq.
     DONLIN, RECANO & COMPANY, INC.
     48 Wall Street
     New York, NY 10005
     Phone: 212-481-1411
     Fax: 212-481-1416

                    About First River Energy

Based in San Antonio, Texas, First River Energy, LLC --
http://www.firstriverenergy.com/-- is engaged in the oil and gas
extraction business.  First River Energy filed a Chapter 11
petition (Bankr. D. Del. Case No. 18-10080) on Jan. 12, 2018.  In
its petition signed by CEO Deborah Kryak, the Debtor estimated
total assets and debt between $10 million and $50 million.  William
E. Chipman, Jr., Esq., at Chipman Brown Cicero & Cole LLP, serves
as counsel to the Debtor.  Donlin, Recano & Company, Inc., is the
claims agent.


FIRST RIVER: USEDC, et al., Seek Appointment of Chapter 11 Trustee
------------------------------------------------------------------
Producers U.S. Energy Development Corporation, et al., filed an
amended motion asking the U.S. Bankruptcy Court for the Western
District of Texas to appoint a Chapter 11 Trustee in the case of
First River Energy, LLC.

The Producers argue that the Debtor, without authority, filed a
Chapter 11 bankruptcy proceeding in Delaware after: (a) a receiver
was properly appointed pursuant the provisions of Chapter 64 of the
Texas Civil Practice and Remedies Code and (b) notice of such
receivership was sent to Debtor's counsel. Despite the appointment
of the receiver, the Debtor chose to disregard the Texas State
court's order and file a bankruptcy proceeding in Delaware. The
Producers contend that the Debtor's current management is incapable
of administering the Debtor's bankruptcy estate in accordance with
the fiduciary duties of a debtor-in-possession, such that the
appointment of a Chapter 11 Trustee is not only warranted but
imperative.

It is in the best interest of the creditors and the Debtor's estate
to appoint a Chapter 11 Trustee. Given the history of the Debtor's
current management, it is likely that the estate has substantial
claims against the Debtor’s current management. A Chapter 11
Trustee is far more likely to pursue those claims than the
Debtor-in- possession.

The Producers propose that Mr. Raymond Battaglia be appointed as
Chapter 11 Trustee. Mr. Battaglia is well-known for his expertise
in complex bankruptcy proceedings. His professional experience and
acumen make him ideally suited to deal with the complex issues that
are likely to arise in this case. Based on the Producers' knowledge
of Mr. Battaglia, the Producers respectfully suggest to the Court
and the United States Trustee that Mr. Battaglia is the best
candidate to serve as Chapter 11 Trustee in this case.

A copy of the Producers' Amended Motion is available at:

     http://bankrupt.com/misc/txwb18-50063-5.pdf

Counsel for U.S. Energy Development Corporation, Viceroy Petroleum,
L.P., Ageron Energy, LLC, Lewis Petro Properties, Inc., Crimson
Energy Partners IV, LLC, PetroEdge Energy IV LLC, Teal Natural
Resources, LLC, AWP Operating Company, RLU Oil & Gas, Inc., Killam
Oil Co, Ltd., WCS Oil and Gas Corporation and Herschap Brothers:

     William B. Kingman, State Bar No. 11476200
     LAW OFFICES OF WILLIAM B. KINGMAN, P.C.
     3511 Broadway
     San Antonio, Texas 78209
     Telephone: (210) 829-1199
     Facsimile: (210) 821-1114
     Email: bkingman@kingmanlaw.com

          -and-

     Eric J. Taube
     State Bar No. 19679350
     Mark C. Taylor
     State Bar No. 19713225
     Andrew P. Vickers
     State Bar No. 24084021
     WALLER LANSDEN DORTCH & DAVIS, LLP
     100 Congress Avenue, Suite 1800
     Austin, Texas 78701
     (512) 685-6400
     (512) 685-6417 (FAX)
     eric.taube@wallerlaw.com
     mark.taylor@wallerlaw.com

               About First River Energy

Based in San Antonio, Texas, First River Energy, LLC --
http://www.firstriverenergy.com/-- is engaged in the oil and gas
extraction business.  First River Energy filed a Chapter 11
petition (Bankr. D. Del. Case No. 18-10080) on Jan. 12, 2018.  In
its petition signed by CEO Deborah Kryak, the Debtor estimated
total assets and debt between $10 million and $50 million.  William
E. Chipman, Jr., Esq., at Chipman Brown Cicero & Cole LLP, serves
as counsel to the Debtor.


GATES GLOBAL: Moody's Hikes Corporate Family Rating to B2
---------------------------------------------------------
Moody's Investors Service upgraded the Gates Global LLC ratings,
including the senior unsecured notes to Caa1 from Caa2, the senior
secured bank credit facilities to B1 from B2, and the Corporate
Family Rating ("CFR") and Probability of Default Rating to B2 and
B2-PD from B3 and B3-PD, respectively. Moody's also assigned a
speculative grade liquidity rating of SGL-2, denoting good
liquidity. The ratings outlook is stable.

RATINGS RATIONALE

The ratings upgrade is driven by the meaningful debt reduction of
approximately $808 million (about 20% of the total debt) expected
from about $658 million in proceeds from the company's initial
public offering ("IPO") and $150 million in cash from Gates.
Moody's estimates that financial leverage (debt-to-EBITDA) will
decline to about 5.7x pro forma for the debt reduction, from around
7.0x (all metrics including Moody's standard adjustments). The
upgrade is also based on stable to improving fundamentals in key
industrial end markets that should support a moderate improvement
in the company's financial metrics over the next year. The IPO
issuer is Gates Industrial Corporation plc, a newly formed parent
holding company.

The B2 CFR considers Gates' relatively large scale (about $2.9
billion revenue) and strong competitive position as a premium
product across a number of industrial end markets and geographic
regions. The company's brand strength and sizeable aftermarket
business (at about two third of sales) underpin its healthy margins
and good free cash flow, which Moody's expects to be at least $200
million. These factors also temper the company's exposure to highly
cyclical end markets, softening automotive production and foreign
exchange headwinds. As well, moderate growth in industrial activity
and further execution of restructuring actions should continue to
support EBITDA margins at least in the low 20% range over the next
year. With solid business conditions, Moody's anticipates that
debt-to-EBITDA will decline below 5.5x and EBIT-to-interest will
approach 2.0x into 2019. Nonetheless, margins will remain under
pressure from rising material costs. Additionally, the company
remains exposed to event risk associated debt funded dividends or
share repurchases tied to the monetization the remaining ownership
by The Blackstone Group L.P. ("Blackstone") of about 85%, following
the IPO. Blackstone will retain control of the voting power. The
company's good liquidity profile, anchored by significant cash
balances and undrawn external financing facilities, lends support
to the ratings.

The stable rating outlook reflects expectations of a moderate
improvement in credit metrics over the next year, with operating
margins enhanced by about stable to positive trends in key
industrial end markets and continued progress in achieving cost and
restructuring efficiencies. The stable outlook is further supported
by the expectation that Gates will maintain at least good
liquidity.

The one-notch upgrades to the debt instrument ratings incorporate
the CFR upgrade. The B1 rating on the senior secured bank credit
facilities also reflects their position behind Gates' asset based
revolving credit facility, which has a first lien claim on assets
such as accounts receivables and inventory to which the rated
facilities have a second lien claim. The Caa1 rating on the senior
unsecured notes reflects the expected loss for this class of debt
in the capital structure due to the junior position behind the
larger amount of senior secured debt.

Upward ratings could occur with continued improvements in revenues
and achievement of cost efficiencies and pricing actions to offset
rising materials inflation, such that margins are sustained at
least in the mid 20% range, accompanied by sustained growth in the
company's end markets. Evidence of the application of excess cash
towards debt reduction would also support upwards rating momentum.
These factors would result in debt-to-EBITDA expected to remain
below 4.5x, free cash flow to debt in at least the high single
digits and a strong liquidity profile.

The ratings could be downgraded with deteriorating margins,
weakened liquidity with declining free cash flow generation and/or
increased reliance on the revolving credit facilities and
debt-to-EBITDA expected to be 6.0x or above on a sustained basis.
Debt-financed dividends or share repurchases would also drive
downward ratings pressure.

Moody's took the following actions:

Issuer: Gates Global LLC

Upgrades:

Corporate Family Rating, to B2 from B3;

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

Senior secured revolving credit facility due 2022, to B1 (LGD3)
from B2 (LGD3);

Senior secured term loans due 2024, to B1 (LGD3) from B2 (LGD3);

Senior unsecured notes due 2022, to Caa1 (LGD5) from Caa2 (LGD5).

Assignments:

Speculative Grade Liquidity Assessment, at SGL-2

The ratings outlook is stable.

The Caa1 rating on the company's 5.75% senior unsecured notes due
2022 ("euro notes") will be withdrawn upon evidence of redemption.

The principal methodology used in these ratings was Global
Manufacturing Companies, published in June 2017.

Gates Global LLC, located in Denver, Colorado, is a leading global
manufacturer of power transmission belts and fluid power products
that are highly engineered and critical components used in diverse
industrial and automotive applications, with aftermarket revenue
representing over 60% of sales of approximately $2.9 billion for
the last twelve months ended September 30, 2017. Gates became a
portfolio company of The Blackstone Group L.P in 2014. Post-IPO,
Blackstone remains the controlling shareholder, with approximately
85% of the common shares of Gates Industrial Corporation, plc, a
newly formed parent holding company for Gates Global LLC.


GREEKTOWN HOLDINGS: Ct. Dismisses Trustee Suit vs Tribe Defendants
------------------------------------------------------------------
District Judge Paul D. Borman affirmed the Bankruptcy Court's Sept.
29, 2016 opinion and order granting the Tribe defendants' motion to
dismiss and dismissing them with prejudice from the adversary
proceeding in the appeals case captioned BUCHWALD CAPITAL ADVISORS,
LLC, Litigation Trustee for the Greektown Litigation Trust,
Appellants, v. SAULT STE. MARIE TRIBE OF CHIPPEWA INDIANS; and
KEWADIN CASINOS GAMING AUTHORITY, Appellees, Case No. 16-cv-13643
(E.D. Mich.).

In this appeal, the Litigation Trustee seeks a reversal of the
Bankruptcy Court's holding that the Appellees, the Sault Ste. Marie
Tribe of Chippewa Indians and Kewadin Casinos Gaming Authority did
not waive their sovereign immunity to the claims asserted in the
Adversary Proceeding and dismissing them from the Adversary
Proceeding.

As the Litigation Trustee concedes, this appeal presents an issue
of first impression as neither the parties nor the Court has
unearthed a case in which a court has applied the equitable
doctrines of alter-ego/veil piercing and/or agency to find that an
Indian tribe waived it sovereign immunity. In the absence of a
different directive from Congress or the Supreme Court or the Sixth
Circuit limiting the breadth of tribal immunity, the Court is
constrained to reject the Litigation Trustee's novel theory of
implied waiver. The touchstone of the theory is the alleged conduct
of the Tribe Defendants in controlling the Debtors and allegedly
forcing the Debtors to initiate the underlying bankruptcy
proceedings. This conduct, regardless of how the Litigation Trustee
spins the theory, is the sole basis for implying a waiver that was
not expressed through the required formal board resolution
unequivocally consenting to suit on these Michigan Uniform
Fraudulent Transfers Act Banclaims.

There is no evidence in this case of clear express language,
unequivocally stating the Tribe Defendants' intent to consent to
the filing of these MUFTA claims against them. It is difficult to
see how, in light of the admonition that any waiver of tribal
sovereign immunity "cannot be implied and must be unequivocally
expressed," and that such an expression must manifest the tribe's
intent in "clear" and "unmistakable" terms, this Court can blaze a
new trail and find a waiver of tribal immunity based upon theories
of alter ego and veil piercing, doctrines that are equitable in
nature and necessarily require a finding of liability by
implication. "The doctrine of tribal sovereign immunity may well be
anachronistic and overbroad in its application. . . . But it
remains the law of the land until Congress or the Supreme Court
tells us otherwise." As the Sixth Circuit and many other courts
have noted, often this may not seem to lead to a fair result, but
the Court is bound to apply the law, not change it.

A full-text copy of Judge Borman's Jan. 23, 2018 Opinion and Order
is available at https://is.gd/If8e4X from Leagle.com.

Buchwald Capital Advisors, LLC, solely in its capacity as
Litigation Trustee to Greektown Litigation Trust, Appellant,
represented by Joel D. Applebaum -- japplebaum@clarkhill.com --
Clark Hill & Mark N. Parry -- mparry@mosessinger.com -- Moses and
Singer.

Sault Ste. Marie Tribe of Chippewa Indians & Kewadin Casinos Gaming
Authority, Appellees, represented by Douglas L. Lutz --
dlutz@fbtlaw.com -- Frost Brown, Grant Cowan -- gcowant@fblutz.com
-- Frost Brown Todd LLC & David A. Lerner --
dlerner@plunkettcooney.com -- Plunkett & Cooney.

                  About Greektown Holdings

Based in Detroit, Michigan, Greektown Holdings, LLC, and its
affiliates -- http://www.greektowncasino.com/-- operate
world-class casino gaming facilities located in Detroit's historic
Greektown district featuring more than 75,000 square feet of casino
gaming space with more than 2,400 slot machines, over 70 tables
games, a 12,500-square foot salon dedicated to high limit gaming
and the largest live poker room in the metropolitan Detroit gaming
market.

The Company and seven of its affiliates filed for Chapter 11
protection on May 29, 2008 (Bankr. E.D. Mich. Lead Case No.
08-53104).  The Debtors hired Daniel J. Weiner, Esq., Michael E.
Baum, Esq., and Ryan D. Heilman, Esq., at Schafer and Weiner PLLC,
as their bankruptcy counsel; Judy B. Calton, Esq., at Honigman
Miller Schwartz and Cohn LLP, as their special counsel; Conway
MacKenzie & Dunleavy as their financial advisor, and Kurtzman
Carson Consultants LLC as claims, noticing, and balloting agent.
The Official Committee of Unsecured Creditors tapped Clark Hill PLC
as its counsel.

Greektown Holdings listed assets and debts of $100 million to $500
million in its bankruptcy petition.

On June 1, 2009, the Debtors filed a proposed Chapter 11 Plan of
Reorganization.  On Dec. 7, 2009, certain noteholder entities, the
Official Committee of Unsecured Creditors of the Debtors, and
Deutsche Bank Trust Company Americas, as indenture trustee,
proposed their own plan of reorganization for the Debtors.  On Jan.
22, 2010, the Bankruptcy Court entered an order confirming the
Noteholder Plan.  The Plan was declared effective on June 30, 2010,
after Greektown Casino Hotel obtained unanimous approval from the
Michigan Gaming Control Board on June 28 of the transfer of the
Company's ownership from the Sault Ste. Marie Tribe of Chippewa
Indian to new investors.

                            *   *    *

As reported by the TCR on Feb. 28, 2014, Standard & Poor's Ratings
Services assigned Detroit-based gaming operator Greektown Holdings
LLC its 'B-' corporate credit rating.  The 'B-' corporate credit
rating reflects S&P's assessment of Greektown's business risk
profile as "vulnerable" and its assessment of the company's
financial risk profile as "highly leveraged," according to S&P's
criteria.


GV HOSPITAL: PCO Files 5th Interim Report
-----------------------------------------
Susan N. Goodman, the patient care ombudsman for GV Hospital
Management, LLC, submits a fifth interim report of her evaluation
regarding the patient care provided at Green Valley Hospital.

The PCO engaged with clinical site leadership telephonically and
reviewed ongoing quality assurance and risk management data through
December 2017. Accordingly, the PCO is comfortable submitting this
report based on remote monitoring of Debtor's operation. Should the
sale confirmation hearing move from the anticipated end-of-January
date, the PCO will consider engaging in an additional site visit to
confirm that patient interviews are consistent with those obtained
during prior site visits.

The PCO reports that the nurse-to-physician text communication tool
has been tabled for lack of clinician engagement, with resumption
of written or oral nurse-to-physician communication, depending on
hospitalist preference. Census swings continue to be a staffing
challenge with swings from eleven to thirty-three over a one-week
span reported. Swing bed patient census was reported as ranging
from one to five. Accordingly, a second inpatient wing has not been
staffed and opened. Rather, overflow inpatient beds, when needed,
have been staffed in the post-anesthesia care unit. Until
consistent census numbers support a second inpatient wing,
increased nursing coverage has been provided by PRN and agency
staff.

Leadership reported that the radiology "PMs" (recommended
preventative maintenance checks) were completed within the allowed
grace period. Additionally, a night radiology technician moved to
fill a newly created PACS Administrator position. While ongoing
recruitment and hiring efforts were reported, leadership indicated
that month-to-month attrition rates were improving.

A full-text copy of the PCO’s Fifth Interim Report dated Jan. 22,
2018 is available at:

     http://bankrupt.com/misc/azb4-17-03351-635.pdf

              About GV Hospital Management LLC

Green Valley Hospital -- http://www.greenvalleyhospital.com/-- is
a licensed and general acute care hospital open 24 hours a day,
seven days a week.  It cost more than $75 million to construct and
equip.  The facility opened in May of 2015.  The hospital is a
49-bed general acute care hospital with a 12-bed emergency
department.  The hospital currently has 337 employees and has
credentialed over 232 physicians on its medical staff.

GV Hospital Management, LLC dba Green Valley Hospital, and its
affiliates Green Valley Hospital, LLC dba Green Valley Hospital and
GV II Holdings, LLC, filed Chapter 11 petitions (Bankr. D. Ariz.
Case Nos. 17-03351, 17-03353 and 17-03354, respectively) on April
3, 2017.  Grant Lyon, chairman of the Board, signed the petitions.
The cases are jointly administered.

GV Hospital Management estimated $50 million to $100 million in
assets and liabilities. Green Valley Hospital estimated $1 million
to $10 million in assets and up to $100 million in liabilities.  GV
II Holdings estimated under $1 million in assets and $50 million to
$100 million in liabilities.

The cases are assigned to Judge Scott H. Gan.

The Debtors are represented by S. Cary Forrester, Esq., and John R.
Worth, Esq., at Forrester & Worth, as bankruptcy counsel.  The
Debtors hired Edwards Largay Mihaylo & Co., PLC as tax accountant.

The Office of the U.S. Trustee on May 17 appointed an official
committee of unsecured creditors.  The committee hired Perkins Coie
LLP as bankruptcy counsel.

Susan N. Goodman, RN JD, was appointed Patient Care Ombudsman for
GV Hospital Management, LLC.


HELIOS AND MATHESON: Closes Sale of $60 Million Notes
-----------------------------------------------------
Pursuant to the Securities Purchase Agreement, dated as of Jan. 11,
2018, by and between Helios and Matheson Analytics Inc. and an
institutional investor, the Company completed the sale and issuance
of a Series A-1 Note and a Series B-1 Note to the Buyer in the
aggregate principal amount of $25,000,000 and $35,000,000,
respectively, for aggregate consideration in the amount of
$60,000,000 received by the Company on the Closing Date consisting
of (i) a cash payment in the aggregate amount of $25,000,000, and
(ii) a secured promissory note payable by the Buyer to the Company
in the aggregate principal amount of $35,000,000.  The maturity
date of the Notes is Jan. 23, 2020.  The maturity date of the
Investor Note is Jan. 23, 2060.  On the Closing Date, in connection
with the closing of the Financing:

    * the Company issued the Notes;

    * the Company and the Buyer entered into the Note Purchase
      Agreement, pursuant to which the Buyer issued the Investor
      Note;

    * the Company and the Buyer entered into the Master Netting
      Agreement;

    * MoviePass Inc. entered into the Guaranty in favor of the
      Buyer; and

    * Theodore Farnsworth, the chief executive officer and
      Chairman of the Board of the Company, and Helios & Matheson
      Information Technology Ltd, of which Muralikrishna
      Gadiyaram, a director of the Company, is the chief executive

      officer, and its wholly-owned subsidiary, Helios & Matheson
      Inc., who collectively own approximately 17% of the
      Company's issued and outstanding common stock as of the
      Closing Date, entered into the Voting and Lockup Agreements
      with the Company.

As previously disclosed in the Jan. 11, 2018 Form 8-K, Canaccord
Genuity, Inc. acted as placement agent for the Financing. Canaccord
is entitled to (1) $1,000,000 in placement agent cash compensation
in connection with the sale of the Series A-1 Note, and (2) four
percent of gross proceeds received by the Company if and when the
Buyer makes a cash payment under the Investor Note.

In addition, Palladium Capital Advisors, LLC is entitled to (1) a
fee tail cash payment equal to $1,000,000 and (2) a warrant to
purchase 174,826 shares of common stock at an exercise price per
share equal to $11.44, in connection with the purchase of the
Series A-1 Note by the Buyer.  In addition, if and when the Company
receives a cash payment from the Buyer under the Investor Note,
Palladium will receive (1) four percent of gross proceeds actually
received by the Company, and (2) warrants to purchase shares of
common stock in an amount equal to eight percent (8%) of the number
of shares of common stock into which such corresponding amount of
Unrestricted Principal (as defined in the Series B-1 Note) is
initially convertible at $11.44, not including any Make-Whole
Amount (as defined in the Notes).  Assuming all of the Restricted
Principal (as defined in the Series B-1 Note), initially
$35,000,000, becomes Unrestricted Principal, Palladium will receive
warrants to purchase up to 244,756 shares of the Company's common
stock.

                   About Helios and Matheson

Helios and Matheson Analytics Inc. (NASDAQ: HMNY) --
http://www.hmny.com/-- provides information technology consulting,
training services, software products and an enhanced suite of
services of predictive analytics.  Servicing Fortune 500
corporations and other large organizations, HMNY focuses mainly on
BFSI technology verticals. HMNY's solutions cover the entire
spectrum of IT needs, including applications, data, and
infrastructure.  HMNY is headquartered in New York, NY and listed
on the NASDAQ Capital Market under the symbol HMNY.

The Company had a net loss of $7,381,071 and $2,110,117 for the
years ended Dec. 31, 2016 and 2015, respectively.  As a result,
these conditions had raised substantial doubt regarding its ability
to continue as a going concern.

As of Dec. 31, 2016, the Company had cash and working capital of
$2,747,240 and $1,229,389, respectively.  During the year ended
Dec. 31, 2016, the Company used cash from operations of $2,134,313.
In addition, as of the date the financial statements were issued,
the Company has notes receivable of $6,900,000 from a convertible
note holder.  Management believes that current cash on hand coupled
with the notes receivable makes it probable that the Company's cash
resources will be sufficient to meet the Company's cash
requirements through approximately April 2018.  If necessary,
management also determined that it is probable that external
sources of debt and/or equity financing could be obtained based on
management's history of being able to raise capital coupled with
current favorable market conditions.  As a result of both
management's plans and current favorable trends in improving cash
flow, the Company concluded that the initial conditions which
raised substantial doubt regarding the ability to continue as a
going concern have been alleviated.


HOOPER HOLMES: Brio Capital Lowers Stake to 3.9% as of Dec. 31
--------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, Brio Capital Master Fund Ltd. and Brio Capital
Management LLC disclosed that as of Dec. 31, 2017, they
beneficially own 1,043,507 shares of common stock of Hooper Holmes,
Inc., constituting 3.9 percent based on 26,768,498 shares of common
stock outstanding as of Nov. 14, 2017.  A full-text copy of the
regulatory filing is available for free at:

                     https://is.gd/xic7EB

                     About Hooper Holmes

Founded in 1899, Hooper Holmes, Inc. --
http://www.hooperholmes.com/-- is a publicly-traded New York
corporation that provides health risk assessment services.  With
the acquisition of Accountable Health Solutions, Inc. in 2015, the
Company has expanded to also provide corporate wellness and health
improvement services.  This uniquely positions the Company to
transform and capitalize on the large and growing health and
wellness market as one of the only publicly-traded, end-to-end
health and wellness companies.

Mayer Hoffman McCann P.C., in Kansas City, Missouri, the Company's
independent accounting firm, issued a "going concern" qualification
on the consolidated financial statements for the year ended Dec.
31, 2016, citing that the Company has suffered recurring losses
from operations, negative cash flows from operations and other
related liquidity concerns, which raises substantial doubt about
the Company's ability to continue as a going concern.

Hooper Holmes reported a net loss of $10.32 million on $34.27
million of revenues for the year ended Dec. 31, 2016, compared to a
net loss of $10.87 million on $32.11 million of revenues for the
year ended Dec. 31, 2015.  As of Sept. 30, 2017, Hooper Holmes had
$37.20 million in total assets, $42.11 million in total liabilities
and a total stockholders' deficit of $4.91 million.


HUMANIGEN INC: Dale Chappell Has 33% Stake as of Dec. 21
--------------------------------------------------------
In a Schedule 13D/A filed with the Securities and Exchange
Commission, these reporting persons reported beneficial ownership
of shares of common stock of Humanigen, Inc., as of Dec. 21, 2017:

                                       Shares      Percentage
                                    Beneficially      of
    Reporting Person                    Owned         Shares
    ----------------                ------------   ----------
Black Horse Capital LP                872,977         5.8%
Black Horse Capital Master Fund Ltd. 2,040,463       13.6%
Cheval Holdings, Ltd.                2,035,318       13.6%
Black Horse Capital Management LLC   2,908,295       19.4%
Dale Chappell                        4,948,758       33.0%

The aggregate percentage of Shares reported owned by each person is
based upon 14,986,712 Shares outstanding as of Nov. 10, 2017, as
disclosed by the Issuer on its quarterly report on Form 10-Q filed
with the SEC on Nov. 17, 2017.

On Dec. 21, 2016, Humanigen entered into a credit and security
agreement, as amended on March 21, 2017 and on July 8, 2017, with
Black Horse Capital Master Fund LTD, Black Horse Capital LP, Cheval
Holdings, Ltd., and Nomis Bay LTD.  On Dec. 1, 2017, the Issuer's
obligations matured under the Credit Agreement.  As of Dec. 21,
2017, the aggregate amount of the Issuer's obligations under the
Credit Agreement, including accrued interest and fees, approximated
$16.3 million.  On Dec. 21, 2017, the Issuer reached an agreement,
unanimously approved by the Issuer's board of directors, with the
Lenders on a series of transactions providing for, among other
things, the conversion of the Term Loans into common stock of the
Issuer, par value $0.001, in satisfaction and extinguishment of the
outstanding obligations under the Credit Agreement and the
cancellation of the Term Loans.

On Dec. 21, 2017, the Issuer entered into a Securities Purchase and
Loan Satisfaction Agreement and a Forbearance and Loan Modification
Agreement, each with the Lenders.  The Agreements provide for a
series of transactions pursuant to which, at the closing of the
Transactions, the Issuer will: (i) in exchange for the satisfaction
and extinguishment of the entire balance of the Term Loans, (a)
issue to the Lenders an aggregate of 59,786,848 shares of Common
Stock, and (b) transfer and assign to an affiliate of Nomis Bay,
all of the assets of the Issuer related to benznidazole, the
Issuer's former drug candidate; and (ii) issue to Cheval an
aggregate of 32,028,669 shares of Common Stock for total
consideration of $3,000,000.

Under the Purchase Agreement, at the Transaction Closing, the
Issuer will issue to the Lenders the New Lender Shares, of which
29,893,424 shares of Common Stock will be issued to the Black Horse
Entities and 29,893,424 shares of Common Stock will be issued to
Nomis Bay.  The issuance of the New Lender Shares to the Lenders
and the assignment of the Benz Assets to the JV Entity will result
in the satisfaction and extinguishment of the Issuer's outstanding
obligations under the Credit Agreement and the cancellation of the
Term Loans, other than the Bridge Loan.  At the Transaction
Closing, the Issuer will no longer be liable for repayment of its
outstanding obligations under the Credit Agreement, and all
security interests of the Lenders in the Issuer's assets will be
released.

Under the Purchase Agreement, at the Transaction Closing, the
Issuer will also issue to Cheval the New Black Horse Shares for
total consideration of $3,000,000 (including extinguishment of the
Bridge Loan).  On Dec. 21, 2017, concurrently with entering into
the Agreements, Cheval agreed to make a bridge loan to the Issuer
of $1,500,000.  Pursuant to the Forbearance Agreement, until the
Transaction Closing, the Bridge Loan will be treated as a secured
loan under the Credit Agreement.  The Bridge Loan will have
priority over the Claims Advances and the Term Loans in certain of
the Issuer's non-benznidazole related assets, including lenzilumab
and ifabotuzumab.  At the Transaction Closing, the entire amount of
the Bridge Loan will be credited to Cheval's $3,000,000 payment
obligation and will be converted into New Black Horse Shares and
all security interests of Cheval in the non-benznidazole assets
will be released.

If the parties complete the Transactions, the issuance of the New
Common Shares to the Black Horse Entities at the Transaction
Closing will result in a change of control of the Issuer, as the
Black Horse Entities and their affiliates will own more than a
majority of the Issuer's outstanding Common Stock.

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

                     https://is.gd/Gqs5ht

                      About Humanigen, Inc.

Formerly known as KaloBios Pharmaceuticals, Inc., Humanigen, Inc.,
(OTCQB: HGEN), -- http://www.humanigen.com/-- is a
biopharmaceutical company focused on advancing medicines for
patients with neglected and rare diseases through innovative,
accelerated business models.  Lead compounds in the portfolio are
benznidazole for the potential treatment of Chagas disease in the
U.S., and the proprietary monoclonal antibodies, lenzilumab and
ifabotuzumab.  Lenzilumab has potential for treatment of various
rare diseases, including hematologic cancers such as chronic
myelomonocytic leukemia (CMML) and juvenile myelomonocytic leukemia
(JMML).  Humanigen is based in Brisbane, California.

KaloBios filed a voluntary petition for bankruptcy protection under
Chapter 11 of Title 11 of the United States Bankruptcy Code (Bankr.
D. Del. Case No. 15-12628) on Dec. 29, 2015.  The Company was
represented by Eric D. Schwartz of Morris, Nichols, Arsht &
Tunnell.  KaloBios emerged from Chapter 11 bankruptcy six months
later.

HORNE LLP, in Ridgeland, Mississippi, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, noting that the Company has recurring losses
from operations that raise substantial doubt about its ability to
continue as a going concern.

KaloBios reported a net loss of $27.01 million in 2016 following a
net loss of $35.37 million in 2015.  As of Sept. 30, 2017,
Humanigen had $2.56 million in total assets, $24.14 million in
total liabilities and a total stockholders' deficit of $21.57
million.


IAC/INTERACTIVECORP: S&P Affirms 'BB' CCR & Alters Outlook to Pos.
------------------------------------------------------------------
S&P Global Ratings affirmed its 'BB' corporate credit rating on
IAC/InterActiveCorp. and revised the outlook to positive from
stable.

S&P said, "At the same time, we affirmed the 'BB' issue-level
rating on the company's senior unsecured notes and revised the
recovery rating to '3' from '4', indicating our expectation for
meaningful (50%-70%; rounded estimate: 65%) recovery in the event
of a payment default.

"The positive outlook reflects our expectation for improved credit
measures and revenue diversification in 2018, driven by robust
revenue and EBITDA growth at Match Group and ANGI Homeservices.
Performance by Match Group and ANGI Homeservices has been strong,
with double-digit percentage revenue growth and expanding EBITDA
margins. Despite headwinds faced by the company's publishing and
applications segments that continued to hurt revenue growth in
2017, we expect that both will modestly increase EBITDA in 2018,
supported by tight cost controls. IAC's adjusted EBITDA margin
improved to 18% for the 12 months ended Sept. 30, 2017, from 16.5%
a year ago. We expect it will improve to the low-20% area 2018.

"The positive outlook reflects our expectation that we could raise
the corporate credit rating if the company successfully integrates
and grows ANGI Homeservices revenue and EBITDA and lowers and
maintain its debt leverage below 1.5x.

"We could raise the corporate credit rating if IAC's revenue and
EBITDA base continue to diversify as ANGI Homeservices becomes a
meaningful EBITDA and cash flow contributor. Under our upgrade
scenario, we would expect more than $1 billion in revenue at ANGI
Homeservices and a sharp improvement in its EBITDA margin to a
low-teens percentage rate, strong operating performance at Match
Group, and forecast leverage below 1.5x on a consistent basis.

"We could revise our outlook to stable if the company increases its
ANGI Homeservices business due to integration challenges, or if it
faces operating challenges at Match Group such that leverage
remains above 1.5x."


IHEARTCOMMUNICATIONS INC: Unit Demands Repayment of $30M Note
-------------------------------------------------------------
Consistent with its previous disclosure, on Jan. 24, 2018, Clear
Channel Outdoor Holdings, Inc., an indirect, non-wholly owned
subsidiary of iHeartCommunications, Inc., (i) demanded repayment of
$30.0 million outstanding under the Revolving Promissory Note,
dated as of Nov. 10, 2005, between iHC, as maker, and CCOH, as
payee, as amended, and (ii) paid a special cash dividend to Class A
and B stockholders of record at the closing of business on Jan. 19,
2018, in an aggregate amount equal to $30.0 million, or $0.0824 per
share, using proceeds of the Demand.  As the indirect parent of
CCOH, iHC received approximately 89.5%, or approximately $26.8
million, of the dividend proceeds through its wholly-owned
subsidiaries.  Following satisfaction of the Demand, the balance
outstanding under the Note was reduced by $30.0 million.

                    About iHeartMedia, Inc. and
                     iHeartCommunications, Inc.

iHeartMedia, Inc. (PINK:IHRT), the parent company of
iHeartCommunications, Inc., is a global media and entertainment
company.  Based in San Antonio, Texas, iHeartCommunications
specializes in radio, digital, outdoor, mobile, social, live
events, on-demand entertainment and information services for local
communities, and uses its unparalleled national reach to target
both nationally and locally on behalf of its advertising partners.
The Company's outdoor business reaches over 34 countries across
five continents.

iHeartCommunications reported a net loss attributable to the
Company of $296.31 million in 2016, a net loss attributable to the
Company of $754.6 million in 2015, and a net loss attributable to
the Company of $793.8 million in 2014.  As of Sept. 30, 2017,
iHeartCommunications had $12.25 billion in total assets, $23.93
billion in total liabilities and a total stockholders' deficit of
$11.67 billion.

                           *    *    *

In March 2017, Fitch Ratings downgraded iHeartCommunications,
Inc.'s Long-Term Issuer Default Rating (IDR) to 'C' from 'CC'.  The
downgrade reflects iHeart's announcement on March 15, 2017, that
the company has commenced a global restructuring effort targeting
approximately $14.6 billion in debt including all of the
outstanding Term Loans and PGNs as well as the senior notes due
2021.

Also in March 2017, S&P Global Ratings lowered its corporate credit
rating on Texas-based media company iHeartMedia Inc. and its
subsidiary iHeartCommunications Inc. to 'CC' from 'CCC'.  The
rating outlook is negative.  The downgrade follows
iHeartCommunications' announcement that it has offered to exchange
five series of priority-guarantee notes, its senior notes due 2021,
and its term loan D and E for longer-dated debt; and, in certain
scenarios, stock and warrants, or contingent value rights.  "Under
all but one scenario, there would be a reduction in the principal
amount of debt outstanding and an extension of the debt maturity by
two years for exchanged debt," said S&P Global Ratings' credit
analyst Jeanne Shoesmith.  "The company's debt is trading at
significant discounts to par of 20%-60%, and we believe its capital
structure is unsustainable."

In December 2016, Moody's Investors Service affirmed
iHeartCommunications, Inc.'s 'Caa2' Corporate Family Rating.


INDIANTOWN COGENERATION: S&P Affirms BB+ Rating on $127.8MM Notes
-----------------------------------------------------------------
S&P Global Ratings affirmed the 'BBB+' rating on ICL's $268.4
million senior secured notes and the 'BB+' rating on its $127.8
million subordinated notes. S&P also revised the outlook on both
issues to positive from stable.

FPL, the off-taker of the project, acquired the plant from its
sponsor in January 2017 with the intention of significantly
reducing its dispatch due to economic and environmental reasons.
FPL also represented that it will continue to make payments under
the PPA and satisfy the bond requirements. The senior bonds are not
callable or defeasible until 2020 and will remain outstanding. In
2017, FPL ran the plant at only 4% of capacity, versus S&P's
forecast of 15%. The 4% dispatch reflected gas capacity constraints
at FPL and high demand during the peak months. FPL plans no
dispatch at all from the plant in 2018, as a new gas pipeline from
Alabama to FPL's Florida plants will eliminate its gas supply
constraints. In addition, the expected start-up of an additional
1,300 MW of capacity at FPL's Okeechobee Clean Energy Centre in
2019 would also eliminate the need for any ICL dispatch. This, in
S&P's view, will lead to a steep reduction in operating &
maintenance (O&M) and fuel expenses in comparison to its base case
forecast.

S&P said, "O&M costs already declined by more than 60% in 2017
against our forecast due to lower boiler maintenance and staff
reduction. The decline in expenses, particularly fixed O&M, will
more than offset the lost energy revenues, given the majority of
FPL's gross margin is derived from stable capacity payments. We
expect this to lead to significant improvement in debt service
coverage.

"The positive outlook reflects our expectation that there could be
a substantial improvement in ICL's debt service coverage ratios for
senior debt and subordinated debt (in comparison to our current
base case forecast), if the dispatch from the plant is reduced to
zero from 2018 onwards as envisaged by FPL. No dispatch from the
plant could reduce plant's O&M cost significantly, and also
eliminate the mismatch between its energy revenue and fuel cost,
leading to significantly better coverage indicators."


INDIGO NATURAL: Moody's Assigns B2 Corporate Family Rating
----------------------------------------------------------
Moody's Investors Service assigned a B2 Corporate Family Rating
(CFR) and B2-PD Probability of Default Rating (PDR) to Indigo
Natural Resources LLC (Indigo). Concurrently, Moody's assigned a B3
to the proposed $650 million senior unsecured notes. The rating
outlook is stable.

Indigo is a new legal entity that has been established as part of a
transaction whereby three separately operated entities (Indigo
Minerals LLC, Indigo Resources LLC, and Indigo Haynesville LLC)
will become wholly-owned subsidiaries and share a common capital
structure. Proceeds from the new senior notes will be used to
refinance a portion of outstanding debt, to redeem a portion of
preferred equity, and to pay related fees and expenses. Lenders are
prepared to close on a new 5-year $600 million borrowing base
senior secured revolving credit facility subject to Indigo
consummating the broader transaction. The transaction is expected
to close in early February 2018. Net proceeds of the offering will
be placed into an escrow account until the business combination is
consummated with an outside date of April 30, 2018.

"Indigo, the culmination of a business rollup, has a limited track
record, regional concentration, and a natural gas focus, but is
positioned with solid prospects for production growth that support
an improvement in credit metrics over time," commented Jonathan
Teitel, an Analyst at Moody's.

Assignments:

Issuer: Indigo Natural Resources LLC

-- Probability of Default Rating, Assigned B2-PD

-- Corporate Family Rating, Assigned B2

-- Senior Unsecured Regular Bond/Debenture, Assigned B3 (LGD5)

Outlook Actions:

Issuer: Indigo Natural Resources LLC

-- Outlook, Assigned Stable

RATINGS RATIONALE

Indigo's B2 CFR reflects the company's limited operating and
financial history, regional concentration, and natural gas focus.
The combination of the three distinct entities as part of this
transaction will benefit the company with increased scale in terms
of both production and reserves, and by extension the additional
financial flexibility this provides across the portfolio. The
rating reflects an acquisitive history that has enabled the company
to rapidly grow scale. Also considered is an asset base with a
significant proportion of undeveloped reserves that will need
capital investment (about 78% of total proved reserves) and
expectation for capital expenditures to exceed cash flow from
operations at least through early 2019. The rating is supported by
modest leverage, good retained cash flow to debt, and a sound
hedging program.

Pro forma for the transaction, debt to average daily production and
debt to proved developed (PD) reserves measure roughly $15,400 and
$6.00, respectively. During 2018, Moody's expects strong production
growth to drive debt to average daily production down to roughly
$11,000 and for debt to PD reserves to decrease to about $5.80 as
the company funds capital outspend with revolver drawings and PIK
interest increases the principal amount of bonds outstanding. The
company has over 75% of 2018 expected production hedged at a price
of roughly $2.95 per MMbtu. The concentration of the reserve base
in North Louisiana and East Texas exposes the company's financial
performance to local factors such as labor availability, access to
infrastructure, and regulations. Moody's expects the capital budget
to continue to be spent in this region reflecting the likely
continuation of geographically concentrated development activities.
The proximity of properties to Henry Hub does provide cost
benefits.

Moody's anticipates that Indigo will maintain an adequate liquidity
profile over the next 12 months as availability under its revolver
due 2023 supports outspend on capital expenditures relative to cash
flow from operations. The revolver is expected to have two
financial covenants including a maximum leverage ratio and a
minimum current ratio. Moody's expects the company to maintain
cushion to comply with these covenants over the next 12 months. The
pro forma capital structure also includes $186 million of preferred
equity (half the current amount following repurchases as part of
the transaction) with quarterly distributions at an annual rate of
10.5%. A minimum rate of 5% must be paid in cash while the
remainder can be paid in kind at the company's option.

Indigo's proposed $650 million senior unsecured notes due 2026 are
rated B3, one notch below the CFR, reflecting effective
subordination to the company's $600 million borrowing base revolver
due 2023 (unrated). The maximum revolver size is $1.5 billion. The
pro forma $264 million of 8.75% senior unsecured PIK toggle notes
due 2024 (unrated) rank pari passu with the new senior notes.
Holders of the PIK toggle notes have agreed to extend the optional
PIK payment period to January 2020 from January 2019 subject to
closing of the broader transaction.

The stable rating outlook reflects Moody's expectation for Indigo
to continue growing production over the next 12 to 18 months as it
develops its acreage while maintaining an adequate liquidity
profile.

Factors that could support an upgrade include successful execution
on both anticipated production growth and the business integration.
Retained cash flow (RCF) to debt above 30% and a leveraged full
cycle ratio (LCFR) above 1.5x could also support a ratings
upgrade.

Factors that could result in a downgrade include declining
production, RCF to debt below 15%, deterioration in liquidity, or
debt funded acquisitions or dividends.

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

Indigo, headquartered in Houston, Texas, is an independent
exploration and production company focused on natural gas
development (about 96% of production) in North Louisiana and East
Texas including within the Haynesville Shale, the Holly Vaughn area
within the Cotton Valley formation, and the Bossier Shale. Owners
of the combined company include Yorktown Partners, Martin
Sustainable Resources, Trilantic Capital Management, Ridgemont
Equity Partners, GSO, Beusa Energy, and company management.
Indigo's estimated average daily production during 2017 was 396
MMcfe/d.


INDIGO NATURAL: S&P Assigns B+ Corp. Credit Rating; Outlook Stable
------------------------------------------------------------------
S&P Global Ratings assigned its 'B+' corporate credit rating to
Indigo Natural Resources LLC. The outlook is stable.

S&P said, "At the same time, we assigned our 'B+' issue-level
rating and '3' recovery rating to the company's proposed $650
million senior unsecured notes. The '3' recovery rating indicates
our expectation of meaningful (50% to 70%, rounded estimate: 60%)
recovery of principal in the event of payment default.

"We expect the company will use proceeds to (i) redeem preferred
units for an amount equal to $253.2 million plus a $16.3 million
consent fee, (ii) redeem $150 million in existing senior notes for
an amount equal to $164 million, (iii) repay a portion of the
borrowings under the revolving credit facility, and (iv) pay
certain other fees and expenses."   

Indigo Natural Resources LLC is a private E&P company with
operations focused on natural gas development in the Haynesville,
Holly Vaughn, and Bossier plays in North Louisiana and East Texas.
As of Dec. 31, 2017, the company had proved reserves of about 4.5
trillion cubic feet equivalent (cfe). The reserves are almost
entirely natural gas with approximately 78% categorized as proved
undeveloped (PUD), which will require significant CAPEX to bring to
production. The company has been acquisitive in the past, acquiring
78,000 net acres from Chesapeake Energy in January 2017, which
included 250 wells that were producing approximately 30 million
cubic feet of gas per day.

S&P Global Ratings' outlook on Indigo is stable. The stable outlook
reflects S&P's view that Indigo Natural Resources LLC will continue
to increase production and reserves while maintaining adequate
liquidity and financial measures in line with its current rating
including FFO/debt above 12%. Additionally, the outlook is
supported by the company's strong hedging program, which provides a
measure of cash flow protection.

S&P said, "We could lower the rating if we expected FFO/debt to
approach 12% or debt/EBITDA to exceed 4x on a sustained basis. This
could occur if commodity prices were to fall sustainably below our
expectations, the company did not meet expected production growth,
or if capital spending were to be significantly above our
assumptions."

An upgrade would be possible if the company continues to improve
the scale of its reserves and production more consistent with 'BB'
rated peers (including increasing the content of its proved
developed reserves), while maintaining adequate liquidity and
FFO/debt above 30% and lowering its private equity ownership in the
company.


J.G. WENTWORTH: Completes Financial Restructuring
-------------------------------------------------
The J.G. Wentworth Company(R) on Jan. 25, 2018, disclosed that it
has successfully completed its reorganization in coordination with
its lenders ("Lenders"), pursuant to the Company's Joint
Prepackaged Chapter 11 Plan of Reorganization that was confirmed by
the U.S. Bankruptcy Court for the District of Delaware on January
17, 2018 ("the Plan").  The Company continued operations without
interruption throughout the brief, in-court restructuring process.

Through its Plan, the Company fully extinguished $449.5 million in
principal of outstanding debt, while securing a new revolving
credit facility of approximately $70 million, supplied by HPS
Investment Partners, LLC.  The Company estimates that its debt
service will be reduced from $32 million to approximately $5
million annually, and that its net leverage will be reduced from
approximately 12.4x to 1.0x as a result of the reorganization.  By
deleveraging its balance sheet, the Company has emerged from the
restructuring process with enhanced financial flexibility and the
ability to accelerate its long-term growth initiatives.

"[Thurs]day, we have reached the final milestone in the
restructuring process," said Stewart A. Stockdale, Chief Executive
Officer.  "The Company has emerged stronger and more financially
secure, allowing us flexibility to execute our business goals,
focusing on growth and expansion, and to continue serving our
customers' needs."

The efficient completion of the reorganization process reflects the
Company's alignment with its Lenders.  Lenders have exchanged their
claims under the Company's extinguished credit facility for cash
consideration and at least 95.5 percent of the equity in the
newly-restructured Company.

Throughout the reorganization process the Company has remained
steadfast in delivering business results.  J.G. Wentworth Home
Lending, LLC has demonstrated record growth in loan originations
and is increasing operational capacity through various technology
and process improvements.  The Company has also continued to lead
the market in structured settlement, annuity and lottery payment
purchasing.  Following the emergence, the Company is well
positioned to focus on operational excellence, growth, and
expansion.

The Company will retain its leadership team which remains committed
to delivering financial solutions that can meet a number of
consumer needs.

          About Orchard Acquisition and J.G. Wentworth

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

Orchard Acquisition Company, LLC, and four of its affiliates,
including The J.G. Wentworth Company, LLC, filed Chapter 11
bankruptcy petitions (Bankr. D. Del. Lead Case No. 17-12914) on
Dec. 12, 2017.  Stewart A. Stockdale, chief executive officer,
signed the petitions.  At the time of filing, the Debtors estimated
assets of $100 million to $500 million and estimated liabilities of
$100 million to $500 million.

The cases are assigned to Judge Kevin Gross.

Elisha D. Graff, Esq., Kathrine A. McLendon, Esq., Edward R.
Linden, Esq., and Randi Lynn Veenstra, Esq., at Simpson Thacher &
Bartlett LLP, in New York; and Edmon L. Morton, Esq., Tara C.
Pakrouh, Esq., Elizabeth S. Justison, Esq., and Sean M. Beach,
Esq., at Young Conaway Stargatt & Taylor, LLP, in Wilmington,
Delaware serve as the Debtors' counsel.

The Debtors' investment banker is Evercore Group L.L.C.  The
Debtors' transaction aAdvisor is Ankura Consulting Group, LLC, in
New York.  The Debtors' noticing and claims agent and
administrative advisor is Prime Clerk LLC.  The Debtors' tax
consultant and restructuring advisor is KPMG LLP.  The Debtors'
auditor is Ernst & Young LLP.


JAI INC: Hires C. Taylor Crockett P.C. as Attorney
--------------------------------------------------
Jai, Inc. seeks approval from the U.S. Bankruptcy Court for the
Northern District of Alabama, Southern Division, to employ C.
Taylor Crockett as its attorney.

Professional services to be rendered by Mr. Crockett are:

     a. provide the Debtor legal advice with respect to its powers
and duties as Debtor-In-Possession in the continued management of
its financial affairs and property;

     b. prepare on behalf of Debtor necessary schedules, lists,
applications, motions, answers, orders, ans reorganization papers
as is or may become necessary;

     c. review all leases and other corporate papers and prepare
any necessary motions to assume unexpired leases or executory
contracts and assist in preparation of corporate authorizations and
resolutions regarding Chapter 11 case; and

     d. perform any and all other legal services for
Debtor-In-Possession as may be necessary to achieve confirmation of
Chapter 11 Plan of Reorganization.

Mr. Crockett attests that he does not hold or represent an interest
adverse to the estate and he is a disinterested person as that term
is defined in Sec. 101(14) of the Bankruptcy Code.

Mr. Crocket has received $2,283.00 plus $1,717.00 (filing fee)
retainer fee and charges $375.00 per hour for all work performed.

The counsel can be reached through:

     C. Taylor Crockett, Esq.
     C. Taylor Crockett, P.C.
     2067 Columbiana Road
     Birmingham, AL 35216
     Phone: 205-978-3550
     E-mail: taylor@taylorcrockett.com

                          About Jai, Inc.

JAI, Inc., designs and manufactures cameras in the United States.
It offers cameras, infrared photoelectric controls, and security
products. The company was formerly known as JAI PULNiX, Inc. and
changed its name to JAI, Inc. in January, 2007. JAI, Inc. was
founded in 1982 and is based in San Jose, California. JAI, Inc.
operates as a subsidiary of JAI A/S.

Based in San Jose, California, Jai, Inc., filed a Chapter 11
petition (Bankr. N.D. Ala. Case No. 18-00171) on Jan. 15, 2017,
estimating under $1 million in both assets and liabilities.  The
Debtor is represented by C. Taylor Crokett, Esq. at C. Taylor
Crockett, P.C., as counsel.


KEURIG GREEN: Moody's Puts Ba2 CFR Under Review for Upgrade
-----------------------------------------------------------
Moody's Investors Service has placed the Ba2 Corporate Family
Rating, Ba3-PD Probability of Default Rating and debt instrument
ratings of Keurig Green Mountain, Inc. under review for upgrade.
The review follows announcement by Keurig that it has reached an
agreement to merge with Dr Pepper Snapple Group ("DPS", Baa1 rating
under review for downgrade). DPS, a publicly traded company, will
be the surviving legal entity and be renamed "Keurig Dr Pepper" at
closing.

The review for upgrade is based on Moody's expectation that Keurig
Dr Pepper will have a stronger credit profile than Keurig,
including enhanced scale, a broader brand and product portfolio,
and greater geographic diversity. Moody's has said that if the deal
is structured and consummated as announced, DPS's senior unsecured
rating will be lowered by one notch to Baa2, with a negative
outlook.

Moody's expects that at the close of the proposed transaction, all
of Keurig's rated debt will be repaid. As a result, the existing
ratings of Keurig Green Mountain will likely be withdrawn at
closing.

RATINGS RATIONALE

Moody's has taken the following rating actions on Keurig Green
Mountain, Inc.:

Ratings placed under review for upgrade:

Corporate Family Rating at Ba2;

Probability of Default Rating at Ba3-PD;

Senior secured bank credit facilities at Ba2 (LGD3)

Outlook actions:

Outlook changed to rating under review for upgrade from positive.

RATINGS RATIONALE

Keurig's Ba2 Corporate Family Rating reflects the company's
expanding base of category-leading Keurig single-cup brewers, which
in turn drive sales of high-margin single-serve portion packs that
generate the vast majority of the company's earnings and cash
flows. The ratings also are supported by the company's moderate
financial leverage and a balanced financial policy that has
allocated most of free cash flow to debt reduction. These credit
strengths are balanced against growing competitive pressures in the
single-serve coffee portion pack business that has led to a gradual
decline in the company's growth rate and category profit margins.
However, Moody's expects that Keurig will maintain high market
share for the foreseeable future, supported by its strong portfolio
of over 75 owned and licensed coffee bands.

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

Keurig Green Mountain, Inc., based in Waterbury, Vermont, is a
manufacturer of Keurig(R) single serve brewing systems and
beverages. These include specialty coffee, tea and other beverages,
in single serve packs for use with its brewers. The company's
annual sales approximate $4.3 billion. Keurig is wholly-owned by
JAB Holding Company S.a.r.l.

JAB Holding Company S.a.r.l. (Baa1 stable) is a privately held
investment holding company, focused on long-term investments in
consumer goods and retail companies with premium brands.


KEURIG GREEN: S&P Puts BB+ CCR on CreditWatch on Dr. Pepper Merger
------------------------------------------------------------------
U.S.-based Keurig Green Mountain (KGM) is merging with Dr. Pepper
Snapple Inc. (DPS). As part of the merger, DPS shareholders will
receive a one-time cash distribution of roughly $18.8 billion and
own 13% of the merged company. JAB Holding Company S.a r.l. (JAB)
and its partners will contribute $9 billion of new equity. JAB will
be the controlling shareholder. Mondelez International, JAB's
partner in Keurig, will hold an approximately 13%-14% stake in the
new company.

S&P Global Ratings placed all of its ratings on Burlington,
Mass.-based single-serve coffee manufacturer Keurig Green Mountain
Inc., including the 'BB+' corporate credit rating, on CreditWatch
with positive implications.

S&P said, "At the same time, we placed our ratings on Plano,
Texas-based Dr. Pepper Snapple Group Inc., including the 'BBB+'
corporate credit ratings, and senior unsecured ratings on
CreditWatch with negative implications. Concurrently, we affirmed
the 'A-2' short-term and commercial paper ratings.

"We estimate KGM had about $3.8 billion and DPS had roughly $4.7
billion in adjusted net debt outstanding as of Sept. 30, 2017. We
estimate the merged company's pro forma adjusted net debt will be
approximately $16.8 billion at close based on current merger terms
and financing expectations.

"Both CreditWatch listings follow KGM's announcement of plans to
merge with DPS. The merger will include roughly a $18.8 billion
distribution to DPS shareholders, whom we expect will own 13% of
the merged company (Keurig Dr Pepper)." JAB and its partners will
contribute $9 billion of new equity. JAB will be the controlling
shareholder of the new company. Mondelez International, JAB's
partner in Keurig, will hold an approximately 13-14% stake in the
new company. At close, the combined company's funded debt will be
about $16.6 billion, composed of $4.2 billion funded rollover debt
from DPS and about $12.4 billion of new debt.

S&P said, "The CreditWatch listings reflect our expectation that we
will raise our KGM ratings and lower our DPS ratings as a result of
this transaction.

"We will resolve both CreditWatch listings following our review of
the financial and business impact of the merger, including the
finalized capital structure and the combined company's ability to
reduce leverage and improve credit protection measures.

"Based on current information, we would likely assign a 'BBB'
corporate credit rating to the new combined entity. We would also
lower the rating on DPS' unsecured rollover debt and affirm the
'A-2' short-term and commercial paper ratings. We will also
withdraw the corporate credit and issue-level ratings on KGM if all
of its debt is repaid at the close of the transaction."


LIFETIME BRANDS: Moody's Assigns Ba3 CFR; Outlook Stable
--------------------------------------------------------
Moody's Investors Service assigned a Ba3 Corporate Family Rating
(CFR) and Ba3-PD Probability of Default Rating to Lifetime Brands,
Inc. Moody's also assigned a B1 rating to the proposed $275 million
senior secured term loan B and an SGL-2 speculative grade liquidity
rating. The rating outlook is stable.

"Proceeds from the term loan together with about $50 million of
revolver drawings will be used to fund the $315 million acquisition
of Filament Brands by Lifetime Brands, which was announced in
December 2017," said Kevin Cassidy, Senior Credit Officer at
Moody's Investors Service. Management expects the transaction to
close in the first quarter of 2018.

Both Lifetime Brands and Filament Brands design, source and sell
branded kitchenware, tableware and other products used in the home.
With its positions in non-traditional, high-growth channels like
kitchen and bath measurement tools, Filament will help extend
Lifetime's reach into important new channels. In addition, the
acquisition of Filament adds Starbucks as a significant new
customer. Filament's top brands include Rabbit, Chef'n, Taylor,
Salter and Springfield. Lifetime's top brands include Farberware,
KitchenAid and Mikasa.

Filament has higher operating margins than Lifetime. "Lifetime's
EBIT margins will improve by more than 200 basis points to around
8% because of the acquisition," noted Cassidy.

Ratings assigned:

Corporate Family Rating at Ba3;

Probability of Default Rating at Ba3-PD;

$275 million senior secured term loan due 2025 at B1 (LGD 4);

Speculative Grade Liquidity Rating at SGL-2;

The outlook is stable.

RATINGS RATIONALE

Lifetime Brands' Ba3 CFR reflects its modest scale with revenue
around $800 million, leading market position with various niche
house ware products and a broad product portfolio. The ratings also
reflect the low price point of most products and general demand
stability. Lifetime's ratings are constrained by high pro forma
financial leverage of about 5.0 times debt to EBITDA and modest
geographic diversification outside the United States. Lifetime
Brands competes against significantly larger, better resourced,
well-known manufacturers.

The SGL-2 rating reflects Moody's expectation that Lifetime Brands
will operate with good liquidity over the next 12-18 months. This
reflects the rating agency's view that the company will be able to
fund all of its basic obligations through internally generated cash
and cash on hand. Lifetime Brands intends to enter into a new $150
million asset based lending (ABL), which will expire in 2023.

The B1 ratings on the term loan is one notch lower than the Ba3
CFR, reflecting its subordination and hence junior position to the
unrated ABL. The rating on the term loan reflects the upstream
guarantees from operating subsidiaries.

The stable outlook reflects Moody's expectation that Lifetime
Brands' scale will remain moderate and its operations narrowly
concentrated in the home goods industry. In its outlook, Moody's
also assumes that demand for the company's products will remain
stable.

Ratings could be downgraded Lifetime Brands' operating performance
or liquidity weakens. The rating could also be lowered if the
company adopts a more aggressive financial policy with respect to
debt-financed acquisitions or dividends. Specifically, ratings
could be downgraded if debt to EBITDA is sustained above 4.5
times.

An upgrade would require a significant improvement in size and
end-market diversification. Debt to EBITDA would need to be
sustained below 3.0 times.

The principal methodology used in these ratings was Consumer
Durables Industry published in April 2017.

Both Lifetime Brands and Filament Brands design, source and sell
branded kitchenware, tableware and other products used in the home.
Pro forma revenue approximates $800 million.


LIFETIME BRANDS: S&P Assigns 'B+' CCR on Filament Brands Deal
-------------------------------------------------------------
U.S.-based-Lifetime Brands Inc. plans to acquire Filament Brands
for around $313 million using a combination of new bank debt and
stock to finance the transaction. S&P estimates the company's pro
forma debt to EBITDA will increase to above 4x for the 12 months
ended Sept. 30, 2017, from about 3.5x before the transaction.  The
acquisition will improve Lifetime's scale, product mix, and profit
margins.

S&P Global Ratings assigned its 'B+' corporate credit rating to
Garden City, N.Y.-based Lifetime Brands Inc. 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 proposed $275 million term
loan B due in 2025. The '3' recovery rating indicates our
expectation for meaningful recovery (50%-70%; rounded estimate:
50%) in a default scenario."

Proceeds from the term loan and about $53 million drawn on the
company's proposed $150 million asset-based lending (ABL) due in
2023 (unrated), and $98 million of equity to be issued to Filament
shareholders will fund the purchase, refinance outstanding ABL
balances, and cover fees and expenses. Following the transactions,
Filament shareholders will own about 27% of the company.

At the close of the transaction, S&P estimates the company will
have $413 million in adjusted debt outstanding.

All ratings are based on preliminary terms and subject to review
upon receipt of final documentation.

The ratings on Lifetime reflect the company's higher leverage
following the Filament acquisition, narrow business focus, limited
size, low EBITDA margin, and participation in a highly competitive,
fragmented, and modestly cyclical industry. Yet, S&P recognizes
that the company has leading market positions and scale in its
categories, diverse product offerings, and good brands.

S&P said, "The stable outlook reflects our expectation that
Lifetime will effectively integrate the acquisition and achieve its
planned cost savings. We expect the company to modestly deleverage
with excess cash flow and improved EBITDA. However, we believe that
the company will remain acquisitive and that leverage would remain
in the 4x area.

"We could consider lowering the ratings if the company's leverage
increases to about 5x or above on a sustained basis or its FOCF
declines substantially. We believe this could occur if the company
demonstrates a more aggressive financial policy by making another
large, debt-financed acquisition during the next 12 months.

"Although unlikely over the next 12 months, we could raise the
ratings if the company improves its scale by expanding into larger
product categories and management demonstrates less aggressive
financial policies by applying free cash flow toward debt
repayment, resulting in leverage sustained below 4x."


LONG-DEI LIU: PCO Submits 10th Interim Report
---------------------------------------------
Constance Doyle, the patient care ombudsman for Long-Dei Liu, M.D.,
filed with the U.S. Bankruptcy Court for the Central District of
California a tenth interim report for the period of Nov. 1, 2017,
through Dec. 31, 2017 finding that all care provided to the
patients by the Debtor is well within the standard of care.

In her November visit, the PCO reports that the needed supplies are
present, and the exam rooms afford proper privacy and ability to
carry out appropriate exams of patients. Dr. Liu maintains many
discount coupons he shares with his patients for such things as
vitamins and other pre-natal items. No HIPAA violations and there
is always a recorded note in charts for all patient encounters.

In December, the PCO notes that Dr. Liu continues to be on-call at
hospitals and recently covered another Physician’s
practice/delivery while the Physician was out of town. He assists
other physicians in surgery. Gynecology patient practice indicates
office visits for PAP smears, plus any other GYN needs.

A full-text copy of the PCO's Tenth Interim Report dated Jan. 1,
2018 is available at:

     http://bankrupt.com/misc/cacb8-16-11588-428.pdf

                        About Long-Dei Liu

Orange, Calif.-based Long-Dei Liu, MD, is a single practitioner who
has practiced obstetrics and gynecology since 1981.  Long-Dei Liu
filed for Chapter 11 bankruptcy protection (Bankr. C.D. Cal. Case
No. 16-11588). Judge Theodor Albert presides over the case.
Constance Doyle was appointed patient care ombudsman for the
Debtor.


LSF 10 CEDAR: S&P Lowers $560MM First-Lien Term Loan Rating to 'B'
------------------------------------------------------------------
S&P Global Ratings said it has lowered its issue-level rating on
Roswell, Ga.-based producer of resins and surface overlay products
LSF 10 Cedar Investments Ltd. (Arclin)'s $560 million first-lien
senior secured term loan ($558 million outstanding) to 'B' from
'B+'. The lowering of the issue-level rating follows the company's
proposed $40 million incremental add-on to the first-lien term
loan. This add-on is in addition to the company's previously
announced $40 million add-on to the first-lien term loan to repay a
portion of second-lien debt.

S&P has revised the recovery rating on the facility to '3' from
'2', indicating its expectation for meaningful (50%-70%; rounded
estimate: 65%) recovery in the event of a payment default.

The 'CCC+' issue-level rating on the $125 million second-lien
senior secured term loan ($85 million outstanding) is unchanged.
The recovery rating remains '6', indicating S&P's expectation for
negligible (0%-10%; rounded estimate: 0%) recovery to creditors in
the event of a payment default.

The borrower of the first-lien and second-lien term loans is New
Arclin U.S. Holding Corp. S&P has updated its recovery analysis
below to reflect the changes in Arclin's debt structure.

S&P's 'B' corporate credit rating and stable rating outlook on LSF
10 Cedar Investments Ltd. (Arclin) are unchanged.

RECOVERY ANALYSIS

Key analytical factors

S&P said, "Our recovery rating on Arclin's $560 million first-lien
term loan ($558 million outstanding) due 2024 is '3', which
indicates our expectation of meaningful (50%-70%; round estimate
65%) recovery in the event of a payment default. As per our
notching criteria, the issue-level rating on the term loan is 'B'.

"Our recovery rating on Arclin's $125 million second-lien term loan
($85 million outstanding) due 2025 is '6', which indicates our
expectation of negligible (0%-10%; round estimate 0%) recovery in
the event of a payment default. As per our notching criteria, the
issue-level rating on the term loan is 'CCC+'.

"Our simulated default scenario contemplates a default in 2021,
reflecting a more competitive environment coupled with increased
costs and a significant decline in sales volume across end
markets."

Simplified recovery waterfall

-- Emergence EBITDA: $90 mil.
-- Multiple: 5x
-- Gross recovery value: $445 mil.
-- Net recovery value for waterfall after admin. expenses (5%):
$425 mil
-- Obligor/nonobligor valuation split: 100%/0%
-- Estimated priority claims (asset-based lending facility or
other): $45 mil.
-- Remaining recovery value: $375 mil.
-- Estimated first-lien claim: $555 mil.
-- Value available for first-lien claim: $375 mil.
    --Recovery range: 50%-70%; rounded estimate 65%
-- Remaining recovery value: $0
-- Estimated second-lien claim: $90 mil.
-- Value available for second-lien claim: $0
    -—Recovery range: 0%-10%; rounded estimate 0%
Note: All debt amounts include six months of prepetition interest.

  Ratings List

  LSF 10 Cedar Investments Ltd. (Arclin)
   Corporate Credit Rating                  B/Stable/--

  Rating Lowered; Recovery Rating Revised
                                            To            From
  New Arclin U.S. Holding Corp.  
   Senior Secured                           B             B+
    Recovery Rating                         3(65%)        2(70%)


MARRONE BIO: Ardsley Advisory Has 11.74% Stake as of Dec. 31
------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, these reporting persons reported beneficial ownership
of shares of common stock of Marrone Bio Innovations, Inc., as of
Dec. 31, 2017:

                                      Shares      Percentage
                                   Beneficially       of
  Reporting Person                     Owned        Shares
  ----------------                 ------------   ----------
Ardsley Advisory Partners           3,681,580       11.74%
Philip J. Hempleman                 3,681,580       11.74%
Ardsley Partners I                  3,631,580       11.58%
Ardsley Partners Fund II, L.P.        595,300        1.90%
Ardsley Partners Advanced
Healthcare Fund, L.P.               1,189,700        3.79%
Ardsley Partners Renewable
Energy Fund, L.P.                   1,846,580        5.89%
Ardsley Duckdive Fund, L.P.            50,000        0.16%

The percentage ownership of the Reporting Persons is based on the
31,350,877 outstanding shares of Common Stock of the Issuer, as
disclosed on the Issuer's 10-Q filed with the SEC on Nov. 14,
2017.

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

                       https://is.gd/UEoN9W

                        About Marrone Bio

Based in  Davis, California, Marrone Bio Innovations, Inc., makes
bio-based pest management and plant health products.  Bio-based
products are comprised of naturally occurring microorganisms, such
as bacteria and fungi, and plant extracts.  The Company's current
products target the major markets that use conventional chemical
pesticides, including certain agricultural and water markets, where
the Company's bio-based products are used as alternatives for, or
mixed with, conventional chemical products.  

Ernst & Young LLP issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016,
stating that the Company has incurred losses since inception, has a
net capital deficiency, and has additional capital needs that raise
substantial doubt about its ability to continue as a going
concern.

Marrone Bio reported a net loss of $31.07 million in 2016, a net
loss of $43.7 million in 2015, and a net loss of $51.65 million in
2014.  As of Sept. 30, 2017, Marrone Bio had $37.39 million in
total assets, $81.05 million in total liabilities and a total
stockholders' deficit of $43.66 million.


MESOBLAST LIMITED: Applies for ASX Quotation of More Securities
---------------------------------------------------------------
Mesoblast Limited filed with the Australian Securities Exchange a
new issue announcement, application for quotation of additional
securities.  Mesoblast intends to issue 2,637,062 ordinary shares,
5,960,000 unquoted options to acquire ordinary shares and 1,500,000
incentive rights.  

Shares issued on the exercise of the incentive rights and unquoted
options will rank equally with quoted shares as from their date of
issue.

Issue Price Consideration:

   * Each incentive right and option was issued for no issue
     price.

   * 2,000,000 ordinary shares for nil consideration.

   * 381,150 ordinary shares for A$550,000.

   * 255,912 ordinary shares (fully paid) issued upon the exercise
     of options in accordance with the Company's Employee Share
     Option Plan for consideration of US$82,532.

Purpose of the issue:

   * 5,960,000 unquoted options to acquire ordinary shares were
     issued pursuant to the Company's Employee Share Option
     Plan, including 1,500,000 options to Jonathan R. Symonds,
     CBE, BA, FCA, a key strategic advisor to the Mesoblast CEO
     and board.

   * 255,912 ordinary shares (fully paid) issued upon the exercise
     of options in accordance with the Company's Employee Share
     Option Plan.

   * 1,500,000 incentive rights to Kentgrove Capital, being the
     incentive rights which Mesoblast is required to issue in
     accordance with the terms of the 2016 Facility Agreement.

   * 2,000,000 ordinary shares (Reserve Shares) to Kentgrove
     Capital, being the Reserve Shares which Mesoblast is required

     to issue to Kentgrove in accordance with the terms of the
     2016 Facility Agreement.

   * 381,150 ordinary shares to Kentgrove Capital for payment in
     connection with provision of facility in accordance with the
     terms of the 2016 Facility Agreement.

A full-text copy of the regulatory filing is available at:
     
                    https://is.gd/Tk3J2E

                       About Mesoblast

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

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

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


MONAKER GROUP: Pacific Grove Has 10.8% Stake as of Jan. 10
----------------------------------------------------------
In a Schedule 13D/A filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of shares of common stock of Monaker Group, Inc., as of Jan. 10,
2018:

                                     Shares      Percentage
                                  Beneficially       of
  Reporting Person                    Owned        Shares
  ----------------                ------------   ----------
Robert James Mendola, Jr.          2,121,463       10.8%
Pacific Grove Capital LP           2,121,463       10.8%
Pacific Grove Capital LLC          2,121,463       10.8%
Pacific Grove Capital GP LLC       2,121,463       10.8%
Pacific Grove Master Fund LP       2,121,463       10.8%
Pacific Grove International Ltd.   1,139,013        5.8%
Pacific Grove Partners LP            982,450        5.0%

Pacific Grove Master Fund LP purchased a total of 10,400 shares in
the open market from Nov. 20, 2017 through Dec. 26, 2017.

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

                       https://is.gd/I1zFMJ

                          About Monaker

Headquartered in Weston, Florida, Monaker Group, Inc., formerly
known as Next 1 Interactive, Inc. -- http://www.monakergroup.com/
-- operates online marketplaces for the alternative lodging rental
industry and facilitate access to alternative lodging rentals to
other distributors.  Alternative lodging rentals (ALRs) are whole
unit vacation homes or timeshare resort units that are fully
furnished, privately owned residential properties, including homes,
condominiums, apartments, villas and cabins that property owners
and managers rent to the public on a nightly, weekly or monthly
basis.  The Company's marketplace, NextTrip.com, unites travelers
seeking ALRs online with property owners and managers of vacation
rental properties located in countries around the world.  As an
added feature to the Company's ALR offering, the Company also
provides access to airline, car rental, hotel and activities
products along with concierge tours and activities, at the
destinations, that are catered to the traveler through its
Maupintour products.

LBB & Associates Ltd. LLP, in Houston, Texas, stated in its report
on the Company's consolidated financial statements for the year
ended Feb. 28, 2017, that the Company's accumulated deficit and
limited financial resources raise substantial doubt about the
Company's ability to continue as a going concern.

Monaker reported a net loss of $7.10 million for the year ended
Feb. 28, 2017, compared to a net loss of $4.55 million for the year
ended Feb. 29, 2016.  As of Nov. 30, 2017, Monaker Group had $8.62
million in total assets, $4.68 million in total liabilities and
$3.94 million in total stockholders' equity.


MOTORS LIQUIDATION: Sets Aside $37.8M for Q4 2017 Wind Down Costs
-----------------------------------------------------------------
Pursuant to the Second Amended and Restated Motors Liquidation
Company GUC Trust Agreement dated as of July 30, 2015 and between
the parties thereto, Wilmington Trust Company, acting solely in its
capacity as trust administrator and trustee of the Motors
Liquidation Company GUC Trust, is required to file certain GUC
Trust Reports (as that term is defined in the GUC Trust Agreement)
with the Bankruptcy Court for the Southern District of New York. In
addition, pursuant to that certain Bankruptcy Court Order
Authorizing the GUC Trust Administrator to Liquidate New GM
Securities for the Purpose of Funding Fees, Costs and Expenses of
the GUC Trust and the Avoidance Action Trust, dated March 8, 2012,
the GUC Trust Administrator is required to file certain quarterly
variance reports as described in the third sentence of Section 6.4
of the GUC Trust Agreement with the Bankruptcy Court.

On Jan. 26, 2018, the GUC Trust Administrator filed the GUC Trust
Report required by Section 6.2(c) of the GUC Trust Agreement
together with the Budget Variance Report, each for the fiscal
quarter ended Dec. 31, 2017.  In addition, the Motors Liquidation
Company GUC Trust announced that no distribution in respect of its
Units (as that term is defined in the GUC Trust Agreement) is
anticipated for the fiscal quarter ended Dec. 31, 2017.

During the quarter ended Sept. 30, 2017, no Unresolved Term Loan
Avoidance Action Claims were allowed, and thus the GUC Trust was
not required to distribute any assets to holders of those claims.
In addition, because the amount of Excess GUC Trust Distributable
Assets did not exceed the Distribution Threshold for the quarter
ended Sept. 30, 2017, no distribution to holders of Units was
required to be made in respect of that quarter.

During the quarter ended Dec. 31, 2017, certain Unresolved Term
Loan Avoidance Action Claims were allowed, and the GUC Trust is
required to distribute approximately $15,076 to holders of those
claims.  In addition, because the amount of Excess GUC Trust
Distributable Assets did not exceed the Distribution Threshold for
the quarter ended Dec. 31, 2017, no distribution to holders of
Units is required to be made in respect of such quarter.

As of the quarter ended Dec. 31, 2017, but prior to current quarter
activity and post-closing adjustments, the GUC Trust's
Distributable Assets consisted solely of $465,348,580 in cash and
marketable securities ($452,428,010 of which represents the
proceeds of the liquidated New GM Securities that were categorized
as GUC Trust Distributable Assets, and $12,920,570 of which
represents Dividend Assets).

As of Sept. 30, 2017, the GUC Trust had set aside from distribution
$30,956,946 to fund projected Wind-Down Costs and Reporting and
Transfer Costs.

During the three months ended Dec. 31, 2017, the amount of GUC
Trust Cash set aside from distribution to fund projected Wind-Down
Costs and Reporting and Transfer Costs of the GUC Trust increased
by $6,899,414 from the cash set aside as of Sept. 30, 2017, with
the total amount of such set aside cash aggregating $37,856,360 as
of Dec. 31, 2017.  That increase was due primarily to increases in
expected legal fees related to litigation associated with New GM
product recalls.  

A copy of the Bankruptcy Court filing is available for free at:

                    https://is.gd/ttvtxR

                  About Motors Liquidation

General Motors Corporation and three of its affiliates filed for
Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 09-50026) on
June 1, 2009.  The Honorable Robert E. Gerber presides over the
Chapter 11 cases.  Harvey R. Miller, Esq., Stephen Karotkin, Esq.,
and Joseph H. Smolinsky, Esq., at Weil, Gotshal & Manges LLP,
assist the Debtors in their restructuring efforts.  Al Koch at AP
Services, LLC, an affiliate of AlixPartners, LLP, serves as the
Chief Executive Officer for Motors Liquidation Company.  GM is also
represented by Jenner & Block LLP and Honigman Miller Schwartz and
Cohn LLP as counsel.  Cravath, Swaine, & Moore LLP is providing
legal advice to the GM Board of Directors.  GM's
financial advisors are Morgan Stanley, Evercore Partners and the
Blackstone Group LLP.  Garden City Group is the claims and notice
agent of the Debtors.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors and a separate Official Committee of Unsecured Creditors
Holding Asbestos-Related Claims.  Lawyers at Kramer Levin Naftalis
& Frankel LLP served as bankruptcy counsel to the Creditors
Committee.  Attorneys at Butzel Long served as counsel
on supplier contract matters.  FTI Consulting Inc. served as
financial advisors to the Creditors Committee.  Elihu Inselbuch,
Esq., at Caplin & Drysdale, Chartered, represented the Asbestos
Committee.  Legal Analysis Systems, Inc., served as asbestos
valuation analyst.

The Bankruptcy Court entered an order confirming the Debtors'
Second Amended Joint Chapter 11 Plan on March 29, 2011.  The Plan
was declared effect on March 31.

On Dec. 15, 2011, Motors Liquidation Company was dissolved.  On the
Dissolution Date, pursuant to the Plan and the Motors Liquidation
Company GUC Trust Agreement, dated March 30, 2011, between the
parties thereto, the trust administrator and trustee -- GUC Trust
Administrator -- of the Motors Liquidation Company GUC Trust,
assumed responsibility for the affairs of and certain claims
against MLC and its debtor subsidiaries that were not concluded
prior to the Dissolution Date.



NCSG CRANE: Moody's Withdraws Caa3 Corporate Family Rating
----------------------------------------------------------
Moody's Investors Service has withdrawn all ratings for NCSG Crane
& Heavy Haul Corporation (NCSG) due to a lack of sufficient
information.

Outlook Actions:

Issuer: NCSG Crane & Heavy Haul Corporation

-- Outlook, Changed To Rating Withdrawn From Negative

Withdrawals:

Issuer: NCSG Crane & Heavy Haul Corporation

-- Probability of Default Rating, Withdrawn , previously rated
    Caa3-PD

-- Corporate Family Rating, Withdrawn , previously rated Caa3

-- Senior Secured Regular Bond/Debenture (Foreign Currency) Aug
    15, 2019, Withdrawn , previously rated Ca (LGD4)

RATINGS RATIONALE

Moody's has decided to withdraw the ratings because it believes it
has insufficient or otherwise inadequate information to support the
maintenance of the ratings.

NCSG Crane & Heavy Haul Corporation (NCSG), is a privately owned,
fully operated and maintained, crane & heavy haul service provider
based in Edmonton, Alberta.


NELSON INC: Hires Paul A. Robinson as Attorney
----------------------------------------------
Nelson, Inc., seeks approval from the U.S. Bankruptcy Court for the
Western District of Tennessee, Western Division, to employ Paul A.
Robinson as one of its attorneys.

Professional services required of Mr. Robinson are:

     a. prepare and file the original bankruptcy petition and all
services related thereto;

     b. file all necessary pleadings, schedules and statements of
financial affairs;

     c. consult with the Debtor concerning all bankruptcy related
matters;

     d. prepare and file a disclosure statement, other necessary
documents, court appearances;

     e. assist in the negotiation, formulation and confirmation of
the Debtor’s plan;

     f. provide all other legal services necessary to complete the
Chapter 11 and obtain a confirmed plan.

Paul A. Robinson attests that he does not hold or represent an
interest adverse to the estate and is a disinterested person within
the meaning of 11 U.S.C. 101(14).

The attorney can be reached through:
  
     Paul A. Robinson  
     Law Offices Of Paul Robinson
     200 Jefferson Avenue 1075
     Memphis, TN 38103

                        About Nelson Inc.

Headquartered in Memphis, Tennessee, and founded in 1972, Nelson,
Inc. -- http://www.nelson-inc.net-- is an SBA Certified HUB Zone
contractor licensed in Tennessee, Mississippi, Arkansas, Louisiana,
Virginia, and the District of Columbia.  Nelson is a 100% African
American owned and operated firm with offices located in Memphis,
Washington, DC, North Mississippi and the Mississippi Gulf Coast.
During construction, Nelson provides all on-site management,
supervision, and administration as required, to assure the success
of this important reconstruction process.

Nelson, Inc., previously sought bankruptcy protection on May 4,
2011 (Bankr. W.D. Tenn. Case No. 11-24542).

Nelson, Inc., filed for Chapter 11 bankruptcy protection (Bankr.
W.D. Tenn. Case No. 17-29082) on Oct. 15, 2017, listing $5.62
million in total assets and $10 million in total liabilities.  Will
Nelson, president, signed the petition.


NRG REMA: GenOn Unit Strikes Forbearance Deal Thru Mid-April
------------------------------------------------------------
NRG REMA LLC, an indirect subsidiary of GenOn Energy, Inc., on
January 3, 2018, entered into a Forbearance Agreement with respect
to the Participation Agreement, dated as of August 24, 2000, by and
among:

     -- certain certificateholders of the pass through
        certificates;

     -- PSEGR Conemaugh Generation, LLC, as the Owner
        Participant;

     -- Conemaugh Lessor Genco LLC, the Owner Lessor;

     -- Wilmington Trust Company, and

     -- REMA,

relating to the undivided interest of the Conemaugh facility.

Pursuant to the Forbearance, Wilmington, the Owner Lessor, the
Owner Participant and the Consenting Certificateholders agreed to
temporarily forbear from exercising rights and remedies related to
certain events of default related to the requirement under the
Participation Agreement that REMA procure additional qualifying
credit support for the benefit of the Owner Lessor once the
required amount of qualifying credit support increases on January
13, 2018, pursuant to the terms of the Participation Agreement.

The Forbearance will remain effective until the earlier of (i) the
later of (a) April 15, 2018 at 12:01 a.m. New York City time and
(b) two weeks following the date on which the Owner Lessor, Owner
Participant and/or the Consenting Certificateholders provide
written notice to REMA of its intention to terminate the
Forbearance, and (ii) the date on which any event of termination as
specified in the Forbearance occurs.

Pursuant to the Participation Agreement, NRG REMA LLC -- a Delaware
limited liability company, as successor to Reliant Energy
Mid-Atlantic Power Holdings, LLC -- as the Facility Lessee -- is
required to maintain a so-called Qualifying Credit Support for the
benefit of the Owner Lessor.  The required available amount of the
Qualifying Credit Support is adjusted from time to time in
accordance with the Participation Agreement and was set to increase
by $15,776,500 on January 13, 2018 -- Required QCS Adjustment.

The Facility Lessee cannot comply with the Required QCS Adjustment
and (i) a Lease Event of Default will therefore exist under Section
16(l) of the Facility Lease Agreement, dated as of August 24, 2000,
between the Owner Lessor and the Facility Lessee; (ii) a Lease
Indenture Event of Default will therefore exist under the Lease
Indenture of Trust, Mortgage and Security Agreement, dated as of
August 24, 2000, between the Owner Lessor and Deutsche Bank Trust
Company Americas, a corporation organized and existing under the
laws of the State of New York, as successor in interest to Bankers
Trust Company -- Deutsche -- in its capacity as Lease Indenture
Trustee; and (iii) a Pass Through Event of Default will therefore
exist under Section 6.1 of that certain Pass Through Trust
Agreement C, dated as of August 24, 2000, between Deutsche, as Pass
Through Trustee and the Facility Lessee.

As a result of the Specified Defaults, the Consenting
Certificateholders will have the immediate right -- after giving
effect to any applicable grace period and subject to any other
conditions set forth in the Operative Documents -- to direct the
Pass Through Trustee to direct the Lease Indenture Trustee to
exercise any and all remedies under the Lease Indenture, including,
without limitation, (a) the initiation or continuation of any legal
action against the Facility Lessee, (b) instructing the Lease
Indenture Trustee to take any action permitted under the Operative
Documents or applicable law, (c) taking any action with respect to
the effects of a Lease Event of Default, Lease Indenture Event of
Default, Pass Through Event of Default, or any other breach and/or
default or event of default under the Operative Documents, and (d)
the preparation for or initiation of any legal process for payment
or otherwise permitted under the Operative Documents or applicable
law (including but not limited to, any enforcement action).

To facilitate negotiations for the amicable resolution and
settlement of various issues between the parties to the Operative
Documents, including a potential restructuring or recapitalization
transaction involving the Facility Lessee, Owner Lessor, Owner
Participant, Consenting Certificateholders and/or the Operative
Documents -- Potential Transaction -- the Facility Lessee has
requested that Wilmington, the Owner Lessor, Owner Participant and
the Consenting Certificateholders agree to forbear, during the
Forbearance Period, from (i) exercising their Rights and Remedies
and (ii) taking any action with respect to the effects of a Lease
Event of Default, Lease Indenture Event of Default, Pass Through
Event of Default, or any other breach and/or default or event of
default under the Operative Documents, in each case solely to the
extent arising from the occurrence and continuation of the
Specified Defaults to the extent it may result in the occurrence of
a Lease Event of Default, Lease Indenture Event of Default, Pass
Through Event of Default, or any other breach and/or default or
event of default under the Operative Documents, subject to the
terms and conditions of this Agreement.

Under the terms of the Forbearance, REMA will pay to the Consenting
Certificateholders, the Owner Lessor, and the Owner Participant
their fees, costs and expenses, including reasonable costs and
expenses of their counsel and financial advisors, incurred from
January 1, 2018 through the end of the forbearance period.

Further, as provided in the Forbearance, REMA made its January
lease payments under the various facility lease agreements in the
ordinary course.

The Owner Lessor and Owner Participant have engaged O'Melveny &
Myers LLP as counsel; and Guggenheim Partners, LLC as financial
advisor.

The Consenting Certificateholders have engaged Paul, Weiss,
Rifkind, Wharton & Garrison LLP as counsel; and Houlihan Lokey
Capital, Inc. as financial advisor.

A copy of the agreement is available at https://is.gd/4Z2sbo

As reported by the Troubled Company Reporter on Sept. 15, 2017, S&P
Global Ratings raised its issuer credit rating on NRG REMA LLC to
'CCC-' from 'CC'. The outlook is negative.

S&P also raised the issue-level rating on the company's
pass-through certificates to 'CCC+' from 'CCC'. The recovery rating
is '1', reflecting its expectation of very high (90%-100%; rounded
estimate: 95%) recovery in the event of default.

Genon Energy Inc., the parent of NRG REMA LLC and GenOn
Mid-Atlantic LLC, filed for bankruptcy on June 14, 2017. The
bankruptcy filing excluded NRG REMA LLC and GenOn Mid-Atlantic LLC.
These entities can operate on a stand-alone basis and were
considered ring-fenced from GenOn.


OCEANEERING INT'L: Moody's Lowers Senior Unsecured Rating to Ba1
----------------------------------------------------------------
Moody's Investors Service downgraded the senior unsecured ratings
of Oceaneering International, Inc.'s notes and credit facilities to
Ba1 from Baa3. Moody's concurrently assigned Oceaneering a Ba1
Corporate Family Rating, Ba1-PD Probability of Default Rating (PDR)
and SGL-1 Speculative Grade Liquidity Rating. The rating outlook
remains negative.

"The downgrade to speculative grade reflects Moody's view that a
sustained slowdown in offshore drilling and development activity
will delay demand recovery for Oceaneering's ROV services and keep
the company's leverage metrics elevated at least through 2019,"
said Sajjad Alam, Moody's Senior Analyst. "Despite prudent
liquidity management and significant free cash flow generation
since early-2015, Oceaneering will not be able to quickly reverse
its negative margin and leverage trends amid a severe and
protracted downturn."

Assignments:

Issuer: Oceaneering International, Inc.

-- Corporate Family Rating, Assigned Ba1

-- Probability of Default Rating, Assigned Ba1-PD

-- Speculative Grade Liquidity Rating, Assigned SGL-1

Downgrades:

Issuer: Oceaneering International, Inc.

-- $500 Million Senior Unsecured Notes, Downgraded to Ba1 (LGD4)
    from Baa3

-- $500 Million Senior Unsecured Revolver, Downgraded to Ba1
    (LGD4) from Baa3

-- $300 Million Senior Unsecured Term Loan, Downgraded to Ba1
    (LGD4) from Baa3

Outlook:

-- Maintain Negative Outlook

RATINGS RATIONALE

Moody's does not anticipate any meaningful improvement in offshore
drilling activity through 2019 and expects a late-cycle recovery
for ROV services. Upstream companies are still focusing on projects
with shorter cycle time and low capital requirements. Despite the
recent strength in oil prices, Moody's believes that there will be
a considerable lag between any price recovery and the ensuing
offshore spending growth. Sustained weakness in customer demand
combined with a highly competitive operating environment will
continue to challenge Oceaneering's earnings and credit metrics
through 2018.

Oceaneering's Ba1 CFR is supported by its leading market position
in the offshore remotely operated vehicles (ROV) segment, strong
liquidity, ability to generate free cash flow through the cycle,
and its diversified and strong customer base comprised of mostly
blue chip oil and gas companies. The rating also reflects the
company's declining earnings and increasing financial leverage as
well as the challenged outlook for the deepwater and
ultra-deepwater markets. Upstream companies have drastically
reduced investments in long-cycle and high-cost offshore projects
since 2014 and this reduced level of spending will likely continue
through 2019. Oceaneering debt/EBITDA ratio could hit 5x by
early-2019 under such a scenario. While Oceaneering's management
has exhibited conservative financial policies, including husbanding
cash and reducing/suspending dividends, a sustained downturn in
offshore drilling and development activity will continue to pose
heightened downside risk and make it difficult to restore
investment-grade credit metrics in the foreseeable future.

The negative rating outlook reflects Oceaneering's weakening trends
and poor industry fundamentals. The outlook could be revised to
stable if the company can exhibit sequential earnings growth in
consecutive quarters in an improving industry environment.

Due to the preponderance of a single class of debt in the capital
structure, Oceaneering's notes and credit facilities are rated Ba1,
the same level as the Corporate Family Rating. The notes and the
credit facilities rank pari-passu with all present and future
senior unsecured indebtedness of the company, and do not have
guarantees from Oceaneering's operating subsidiaries.

Oceaneering's very good liquidity is captured in the SGL-1 rating.
The company had $472 million of cash and an undrawn $500 million
revolving credit facility (due October 25, 2021) at September 30,
2017. Oceaneering has been able to generate free cash flow
throughout this downturn and will continue to do so in 2018
following the suspension of dividends in late 2017. Moody's does
not anticipate any refinancing issues with the company's $300
million term loan maturing in October 2019. Oceaneering's only
other debt, the $500 million 4.65% notes, mature in November 2024.

The rating could be downgraded if the debt/EBITDA ratio falls below
5x. Any significant reduction in cash balance or increased
shareholder distributions without a corresponding reduction in
leverage will also trigger a negative rating action. Given the
extremely cyclical nature of offshore drilling industry,
improvements in scale as well as diversification into less volatile
businesses or markets would strengthen Oceaneering's credit
profile. While an upgrade is unlikely in 2018, if the company could
sustain debt/EBITDA below 2.5x and generate increasing free cash
flow, a higher rating could be considered.

Oceaneering International, Inc. is a Houston, Texas based globally
diversified OFS company and a leading provider of remotely operated
vehicles to the offshore oil and gas industry.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in May 2017.


OCULAR THERAPEUTIX: Prices $32.5 Million Public Stock Offering
--------------------------------------------------------------
Ocular Therapeutix, Inc. announced the pricing of an underwritten
public offering of 6,500,000 shares of its common stock at a public
offering price of $5.00 per share for gross proceeds of $32.5
million.  This offering was made pursuant to a shelf registration
statement that was previously filed with and declared effective by
the Securities and Exchange Commission.  All of the shares in the
offering are to be sold by the Company.  In addition, the Company
has granted the underwriter of the offering a 30-day option to
purchase up to an additional 975,000 shares in the public offering
on the same terms and conditions.

Piper Jaffray & Co. is acting as sole manager and underwriter for
the offering.

The offering is expected to close on or about Jan. 29, 2018,
subject to customary closing conditions.

Ocular intends to use the net proceeds from the offering, together
with its existing cash and cash equivalents, to fund the planned
resubmission of its new drug application (NDA) for DEXTENZA, to
fund the clinical development of OTX-TP, OTX-TIC and OTX-TKI, to
fund additional preclinical and regulatory activities for its other
product candidates, including through its collaboration with
Regeneron, and for working capital and other general corporate
purposes and pursuit of its other research and development
efforts.


                   About Ocular Therapeutics

Ocular Therapeutix, Inc., headquartered in Bedford, Massachusetts
-- http://www.ocutx.com/-- is a biopharmaceutical company focused
on the development and commercialization of innovative therapies
for diseases and conditions of the eye using its proprietary
hydrogel platform technology.  Its bioresorbable hydrogel-based
drug product candidates are designed to provide extended delivery
of therapeutic agents to the eye.  Its lead product candidates are
DEXTENZA (dexamethasone insert), for the treatment of post-surgical
ocular inflammation and pain, allergic conjunctivitis and dry eye
disease, and OTX-TP, for the treatment of glaucoma and ocular
hypertension, which are extended-delivery, drug-eluting inserts
that are placed into the canaliculus through a natural opening
called the punctum located in the inner portion of the eyelid near
the nose.  Its intracanalicular inserts combine its hydrogel
technology with U.S. Food and Drug Administration, or FDA, approved
therapeutic agents with the goal of providing extended delivery of
drug to the eye.

Ocular reported a net loss of $44.70 million in 2016, a net loss of
$39.74 million in 2015, and a net loss of $28.64 million in 2014.
As of Sept. 30, 2017, Ocular had $64.39 million in total assets,
$28.47 million in total liabilities and $35.92 million in total
stockholders' equity.

"As of September 30, 2017, we had cash and cash equivalents of
$51.2 million and outstanding debt of $18.0 million.  Cash in
excess of immediate requirements is invested in accordance with our
investment policy, primarily with a view to liquidity and capital
preservation.  In August 2017, we announced that we expected to
realize savings in operating expenses, including personal costs, as
a result of streamlining headcount, as part of an initiative to
enhance operations and reduce expenses.  Based on our current plans
and forecasted expenses, with these costs savings, we believe that
existing cash and cash equivalents will fund operating expenses,
debt service obligations and capital expenditure requirements into
the fourth quarter of 2018.  If we are unable to obtain additional
financing, we will be required to implement further cost reduction
strategies.  These factors, and the factors described above,
continue to raise substantial doubt about our ability to continue
as a going concern," the Company stated in its quarterly report for
the period ended Sept. 30, 2017.


ONVOY LLC: S&P Lowers Corp. Credit Rating to 'B-', Outlook Stable
-----------------------------------------------------------------
U.S. telecommunications service provider Onvoy LLC's operating and
financial performance has deteriorated due to accelerating declines
in voice traffic from peering arrangements between U.S. wireless
carriers.

S&P Global Ratings lowered its corporate credit rating on
Minneapolis-based Onvoy LLC (d/b/a/ Inteliquent) to 'B-' from 'B'.
The outlook is stable.

S&P said, "At the same time, we lowered the rating on Onvoy's
first-lien debt to 'B-' from 'B'. The recovery rating remains '3',
which indicates our expectation of meaningful (50%-70%; rounded
estimate: 65%) recovery of principal and interest in the event of
payment default.

"In addition, we lowered the rating on Onvoy's second-lien debt to
'CCC' from 'CCC+'. The recovery rating remains '6', which indicates
our expectation of negligible (0%-10%; rounded estimate: 0%)
recovery of principal and interest in the event of payment
default."

The downgrade reflects deterioration in Onvoy's operating and
financial performance due to accelerated declines in voice traffic
in the company's switching business driven by peering arrangements
(which enable carrier interconnection) between U.S. wireless
carriers. The loss of Onvoy's voice traffic primarily stems from
T-Mobile establishing direct connections with AT&T and Verizon to
route long-distance calls, effectively replacing the company as a
facilitator of long-distance voice traffic between the carriers. As
a result of the significant reduction in minutes of use (MOU), S&P
expects a sharp decline in revenue and EBITDA margins along with
weaker credit metrics in fiscal year 2018 compared with its
previous forecast.  

S&P said, "The stable outlook reflects our expectation that while
one-time traffic losses related to carrier peering will hurt
financial performance in fiscal year 2018, we still expect
mid-single-digit percent revenue growth coupled with positive FOCF
in fiscal year 2019, such that adjusted leverage declines to the
mid-to low-5x area from about 6x in fiscal year 2018.

"We could lower the rating if Onvoy's operating performance is
materially weaker than we expect because of additional lost voice
traffic due to carrier peering arrangements, other contract losses,
or lower-than-anticipated growth in its next-generation or
outsourcing businesses, which results in a sharp decline in FOCF
and weaker liquidity. We could also lower the rating if the
company's financial commitments appeared unsustainable in the long
term.

"Although unlikely in the near term, we could raise the rating if
the company replaces lost voice traffic with other profitable
business, such that adjusted debt leverage is sustained below 5x
and we have more certainty around the future performance of the
company's earnings and cash flow. However, even under that
scenario, an upgrade would be contingent on Onvoy's owners
maintaining a financial policy that allows for leverage to be
sustained comfortably below 5x."


ORBCOMM INC: S&P Alters Outlook to Positive & Affirms 'B' CCR
-------------------------------------------------------------
S&P Global Ratings revised its outlook on Rochelle Park, N.J.-based
ORBCOMM Inc. to positive from stable. At the same time, S&P
affirmed the 'B' corporate credit rating.

S&P said, "We also affirmed the 'B' issue-level rating on the
company's $250 million 8% senior secured notes due in 2024. The
recovery rating remains '3', indicating our expectation for
meaningful (50%-70%; rounded estimate: 50%) recovery for lenders in
the event of a payment default."

The company's $25 million senior secured revolving credit facility
maturing in 2022 is unrated.

S&P said, "The outlook revision reflects our expectation that
ORBCOMM's good operating performance over the last year will lead
to a material improvement in credit metrics over the next year.
Product revenue through the first nine months of 2017 increased
46.3% year-over-year, driven by large volume orders including those
from J.B. Hunt and U.S. Postal Service. As a result, we believe the
company is well positioned for growth in 2018 as recently installed
products drive incremental, high-margin service revenue. While
modest in size, the company's recent acquisitions of inthinc and
Blue Tree Systems will also contribute to financial performance in
2018.

"The positive outlook reflects the potential for a higher rating
over the next year if the company continues to expand organically
while maintaining a disciplined financial approach to acquisitions,
with a deleveraging trajectory.

"We could raise the rating if adjusted leverage improves below 4.5x
on a sustained basis. An upgrade would also require our confidence
that the competitive environment will remain supportive of growth
prospects and stable pricing.

"We could revise the outlook to stable if adjusted leverage remains
above 4.5x over the next year. This could occur if pricing
competition intensifies or customer orders are delayed, causing
margins to underperform our base-case forecast by more than 150
basis points."


PAL HEALTH: Hires Heinold-Banwart Ltd as Accountant
---------------------------------------------------
Pal Health Technologies, Inc., seeks approval from the U.S.
Bankruptcy Court for the Central District of Illinois, Peoria
Division, to hire Heinold-Banwart Ltd as accountants.

The Debtor requires the assistance of an accountant in, among other
duties, preparation of its tax filings, certain payroll and
employee tax obligation forms, and assistance to the Debtor in
responding to due diligence requests of buyers in its scheduled
auction.

Heinold-Banwart's hourly rates are:

     Non-CPA staff              $100
     Manager level accountants  $150  
     Partner level accountants  $250

Neil M. Gerber, partner Heinold-Banwart, Ltd., attests that his
firm is a "disinterested person" pursuant to 11 U.S.C. Sec.
101(14).

The accountant can be reached through:

     Neil M. Gerber, CPA
     Heinold Banwart, Ltd.
     201 Clock Tower Drive, Third Floor   
     East Peoria, IL   61611-2449
     Tel: 309-694-4251   
     Fax: 309-694-4202

                   About PAL Health Technologies

Based in Pekin, Illinois, PAL Health Technologies, Inc., is a
manufacturer of prescription orthotic.  Since 1976, PAL has
provided a complete line of prescription ankle braces and
gauntlets, prescription diabetic/accommodative inserts, therapeutic
shoes as well as a number of off-the-shelf corrective and
preventative foot devices to a multitude of foot care practitioners
of various medical disciplines.

PAL Health Technologies sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Ill. Case No. 17-81712) on Nov. 30,
2017.  In the petition signed by Kimberly S. Chaney, general
manager, the Debtor estimated assets of less than $1 million and
liabilities of $1 million to $10 million.  

Judge Thomas L. Perkins presides over the case.

The Debtor's attorney is Sumner A. Bourne, Esq., at Rafool, Bourne
& Shelby P.C., in Peoria, Illinois.


PANDA STONEWALL: S&P Affirms 'BB-' CCR, Outlook Stable
------------------------------------------------------
S&P Global Ratings said it affirmed its 'BB-' ratings on all Panda
Stonewall's senior secured debt and letter of credit (LOC) and
revolving credit facilities. The outlook on the ratings is stable.
The recovery rating of '2' is unchanged, indicating S&P's
expectation for substantial (70%-90%; rounded estimate: 70%)
recovery in the event of default. Recovery expectations were
previously 80%.

S&P said, "Stonewall achieved construction completion in the second
quarter of 2017, which was within the time frame we had anticipated
during our review of the project when it was in the final stages of
construction. Although the power plant experienced some technical
issues on the hot reheat bypass valves, which are used to regulate
the steam entering into the condenser, the issues, which were
already resolved, were not major and should not pose a long-term
problem for the project's operational performance, in our view.
Stonewall came out of the construction phase less than a year ago,
so it's not uncommon for a newly built power plant of this size to
experience teething problems during the early operations phase.
Furthermore, the issues described above were unrelated to the
highly efficient Siemens SGT6-5000F gas turbines, and this model
has a long operational track record since its introduction in the
1990s. Overall, we expect Stonewall to continue to run at a heat
rate between 6,700 and 6,900 Btu per kilowatt hour (kWh) and
maintain a capacity factor between 75% and 80%.

"The stable outlook reflects our view that Panda Stonewall's
operational performance would remain in line with our expectations.
We anticipate the minimum DSCR in 2018 to be at least 1.55x.

"We could consider a downgrade if we believed that the project were
unable to maintain a minimum DSCR of 1.5x on a consistent basis
because of unfavorable wholesale power and capacity prices due to
weaker-than-anticipated market conditions, resulting in lower
operating cash flows. We could revise the outlook or lower the
rating if the project experienced unforeseen technical challenges
that might lead to higher operating and maintenance expenditures or
require a shut down for an extensive period of time.

"While unlikely in the near term, we would consider an upgrade if
we believed that the project could achieve a minimum DSCR of 2x in
our base case forecast. Such improvement to the minimum DSCR would
likely arise from favorable market conditions that could
substantially influence the power and capacity prices in PJM, as
well as a continuation of strong operations and access to
inexpensive natural gas."


PIN OAK: DOJ Watchdog Seeks Approval of R. Johns as Ch. 11 Trustee
------------------------------------------------------------------
Acting U.S. Trustee John P. Fitzgerald, III, asks the U.S.
Bankruptcy Court for the Northern District of West Virginia for an
order approving the appointment of Robert L. Johns as the Chapter
11 Trustee in the case of Pin Oak Properties, LLC.

To the best of the Acting U.S. Trustee's knowledge, the Chapter 11
Trustee does not have any connections with the debtors, creditors,
any party in interest, their respective attorneys and accountants,
the United States Trustee or any persons employed in the Office of
the United States Trustee.

The Acting U.S. Trustee is represented by:

     S. Alex Shay (WV Bar No. 13045)
     Office of U.S. Trustee
     United States Courthouse, Room 2025
     300 Virginia Street East
     Charleston, WV 25301
     304-347-3400

                  About Pin Oak Properties

Pin Oak Properties, LLC, operates the Middletown Mall located at
9429 W Mill Street, White Hall, Marion County, West Virginia.

Pin Oak Properties filed a Chapter 11 petition (Bankr. N.D. W.Va.
Case No. 17-00608) on June 7, 2017.  Dietrich Steve Fansler, its
managing member and 100% owner, signed the petition.

The Hon. Patrick M. Flatley is the case judge.

The Debtor has hired Gianola, Barnum, Bechtel & Jecklin, LC, in
Morgantown, West Virginia, as counsel; and Steven G. Williams,
CPA/ABV, as accountant.

An official committee of unsecured creditors has not been appointed
in the Chapter 11 case of Pin Oak Properties, LLC, as of July 27,
according to a court docket.


PS SYSTEMS: Hires PRO Tax & Accounting Services as Accountant
-------------------------------------------------------------
PS Systems, Inc., seeks approval from the U.S. Bankruptcy Court for
the District of Colorado to employ PRO Tax & Accounting Services,
Inc., to perform professional accounting services for the Debtor.

The Debtor seeks to hire Accountant to perform professional
accounting services including preparation of federal and state tax
returns, and any other tax and accounting services that the Debtor
requires.  Accountant may also assist the Debtor in preparing
monthly operating reports.

Mr. Harris will be the primary accountant in charge of the Debtor's
account. Mr. Harris' hourly rate is $75.  Other staff accounts that
may be assigned to the Debtor's account also bill at a rate of $75
per hour.

David Harris, President and Owner of PRO Tax & Accounting Services,
Inc., attests that he and his firm do not hold or represent any
other interests materially adverse to the estate and is
disinterested as defined in 11 U.S.C. Sec. 101(14).

The accountant can be reached through:

     David Harris
     PRO Tax & Accounting Services, Inc.
     2801 Youngfield St., Suite 141
     Golden, CO 80401
     Office: 303-914-8720
     Fax: 303-914-8739

                        About PS Systems

Based in Greenwood Village, Colorado, PS Systems Inc. holds several
patents and cross-licensing agreements for the use of patents to
develop underground reservoirs.  PS Systems sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Colo. Case No.
17-20197) on Nov. 3, 2017.  In the petition signed by Stan Peters,
its president, the Debtor estimated assets and liabilities of less
than $500,000.  Judge Michael E. Romero presides over the case.
Kutner Brinen, P.C., is the Debtor's legal counsel.


REIGN SAPPHIRE: Brio Capital Has 9.99% Stake as of Dec. 31
----------------------------------------------------------
Brio Capital Master Fund Ltd. and Brio Capital Management LLC
reported to the Securities and Exchange Commission that as of Dec.
31, 2017, they beneficially own 5,220,831 shares of common stock of
Reign Sapphire Corporation, constituting 9.99 percent of the shares
outstanding.

Brio Capital Management LLC is the investment manager of Brio
Capital Master Fund Ltd. and has the voting and investment
discretion over securities held by Brio Capital Master Fund Ltd.
Shaye Hirsch, in his capacity as managing member of Brio Capital
Management LLC, makes voting and investment decisions on behalf of
Brio Capital Management LLC in its capacity as the investment
manager of Brio Capital Master Fund Ltd.

The 5,220,831 shares include (i) 2,983,704 shares of common stock
and (ii) 2,237,127 shares of common stock issuable upon conversion
of a convertible note and exercise of warrants.  This amount
excludes 13,335,857 shares issuable upon conversion of the Note and
exercise of the Warrants since the Note and Warrants are not
convertible or exercisable when holder beneficially owns in excess
of 9.99% of the outstanding shares.

The percentage is based on 52,208,322 shares of common stock
outstanding as of Nov. 13, 2017, as reported in the quarterly
report on Form 10-Q filed by the Issuer with the Securities and
Exchange Commission on Nov. 13, 2017.

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

                      https://is.gd/n8S5j9

                      About Reign Sapphire

Reign Sapphire Corporation is a Beverly Hills-based,
direct-to-consumer, branded and custom jewelry company.  Reign
Sapphire was established as a vertically integrated "source to
retail" model for sapphires -- rough sapphires to finished jewelry;
a color gemstone brand; and a jewelry brand featuring Australian
sapphires.  Reign Sapphire is not an exploration or mining company
and is not engaged in exploration or mining activities.  Reign
Sapphire purchases rough sapphires in bulk, directly from
commercial miners in Australia.

Hall and Company, in Irvine, California, issued a "going concern"
opinion in its report on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company had an
accumulated deficit at Dec. 31, 2016 and 2015, recurring net
losses, and a working capital deficit at Dec. 31, 2016 and 2015,
which raises substantial doubt about its ability to continue as a
going concern.

As of Sept. 30, 2017, Reign Sapphire had $2.12 million in total
assets, $5.11 million in total liabilities and a total
shareholders' deficit of $2.98 million.


RENNOVA HEALTH: Securities Delisted from Nasdaq
-----------------------------------------------
The Nasdaq Stock Market LLC filed with the Securities and Exchange
Commission a Form 25-NSE notifying the removal from listing or
registration of Rennova Health, Inc.'s common stock and warrant on
the Exchange under Section 12(b) of the Securities Exchange Act of
1934.

                     About Rennova Health

Rennova Health, Inc. -- http://www.rennovahealth.com/-- provides
diagnostics and supportive software solutions to healthcare
providers, delivering an efficient, effective patient experience
and superior clinical outcomes.  Through an ever-expanding group of
strategic brands that work in unison to empower customers, the
Company is creating the next generation of healthcare.  The company
is headquartered in West Palm Beach, Florida.

Rennova Health reported a net loss attributable to common
stockholders of $32.61 million on $5.24 million of net revenues for
the year ended Dec. 31, 2016, compared with a net loss attributable
to common stockholders of $37.58 million on $18.39 million of net
revenues for the year ended Dec. 31, 2015.

As of Sept. 30, 2017, Rennova had $6.36 million in total assets,
$25.15 million in total liabilities and a total stockholders'
deficit of $18.78 million.

Green & Company, CPAs, in Temple Terrace, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has
significant net losses and cash flow deficiencies.  Those
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


RENTECH INC: Hires Prime Clerk LLC as Administrative Advisor
------------------------------------------------------------
Rentech, Inc., and Rentech WP U.S. Inc. seek approval from the U.S.
Bankruptcy Court for the District of Delaware to hire Prime Clerk
LLC as administrative advisor.

Bankruptcy administration services to be rendered by Prime Clerk
are:

     a. assist with, among other things, solicitation, balloting,
and tabulation of votes, and prepare any related reports, as
required in support of confirmation of a chapter 11 plan, and in
connection with such services,
process requests for documents from parties in interest, including,
if applicable, brokerage firms, bank back-offices, and
institutional holders;

     b. prepare an official ballot certification and, if necessary,
testify  in support of the ballot tabulation results;

     c. assist with the preparation of the Debtors' schedules of
assets and liabilities and statements of financial affairs and
gather data in conjunction therewith;

     d. provide a confidential data room, if requested;

     e. manage and coordinate any distributions pursuant to a
chapter 11 plan; and

     f. provide such other processing, solicitation, balloting, and
other administrative services described in the Engagement
Agreement, but not included in the Section 156(c) Application, as
may be requested from time to time by the Debtors, the Court, or
the Office of the Clerk of the Bankruptcy Court.

Prime Clerk's hourly rates are:

     Analyst                          $25 to $50
     Technology Consultant            $35 to $95
     Consultant/Senior Consultant     $60 to $165
     Director                        $170 to $195
     Solicitation Consultant             $185
     Director of Solicitation            $210

Shira D. Weiner, General Counsel of Prime Clerk, attest that Prime
Clerk is a "disinterested person" within the meaning of Bankruptcy
Code Section 101(14), as required by Section 327(a) of the
Bankruptcy Code, and does not hold or represent any interest
materially adverse to the Debtors' estates in connection with any
matter on which it would be employed.

Prime Clerk holds office at:

         Shira D. Weiner, Esq.
         Prime Clerk LLC
         830 3rd Avenue, 9th Floor
         New York, NY 10022
         Tel: (212) 257-5450
         E-mail: sweiner@primeclerk.com

                      About Rentech, Inc.

Rentech, Inc., has 37 direct and indirect non-debtor subsidiaries
in addition to Rentech WP U.S. Inc., which is a wholly owned direct
subsidiary of Rentech.  Rentech is a wood fibre processing company
with three core businesses: (i) contract wood handling and chipping
services; (ii) the manufacture and sale of wood pellets for the
U.S. heating market; and (iii) the manufacture, aggregation, and
sale of wood pellets for the utility and industrial power
generation market.

Rentech is effectively comprised of the following segments: (1)
NEWP and its non-debtor subsidiaries; (2) Fulghum and its U.S.
non-debtor subsidiaries; (3) the South American non-debtor
subsidiaries of Fulghum; (4) Rentech, Inc.'s direct and indirect
Canadian non-debtor subsidiaries; and (5) Rentech, Inc., Rentech
WP, and all other direct and indirect U.S. non-debtor subsidiaries
of Rentech, Inc.

Rentech, Inc. and Rentech WP U.S. Inc. sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 17-12958) on Dec. 19, 2017.  The
Chapter 11 cases are being jointly administered for procedural
purposes only pursuant to Bankruptcy Rule 1015(b).

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, and Latham
& Watkins LLP as counsel; RPA Advisors, LLC, as financial advisor;
and Prime Clerk LLC, as claims and noticing agent.


RENTECH INC: Hires RPA Advisors LLC as Financial Advisor
--------------------------------------------------------
Rentech, Inc., and Rentech WP U.S. Inc. seek approval from the U.S.
Bankruptcy Court for the District of Delaware to hire RPA Advisors,
LLC as their financial advisor.

Services to be rendered by RPA are:

     a. analyze and assess the near-term liquidity needs of the
Debtors;

     b. validate business plans and financial forecasts;

     c. develop or validate restructuring proposals for the
Debtors;

     d. conduct restructuring discussions with creditors and
stakeholders;

     e. interact with the Debtors' creditors and provide
information and support as necessary in conjunction with the
Debtors;

     f. evaluate, identify, and assist the Debtors in the
implementation of initiatives to enhance liquidity;

     g. assist in developing analyses supporting the restructuring
efforts of the Debtors;

     h. assist the Debtors in the development and preparation of
required reporting for the Court and other constituencies;

     i. provide testimony related to the chapter 11 cases, if
requested;

     j. assist in the implementation of restructuring plans as
directed by the Debtors; and

     k. provide other services requested by the Debtors from time
to time.

RPA's current standard hourly rates are:

     Executive Directors  $650-$925
     Consulting Staff     $325-$595
     Support Staff        $150-$215

Chip Cummins, Member of RPA Advisors, LLC, attests that RPA is a
"disinterested person" as that term is defined in Bankruptcy Code
Section 101(14).

The advisor can be reached through:

     Chip Cummins
     RPA ADVISORS, LLC
     45 Eisenhower Drive
     Paramus, NJ 07652
     Phone: 201-527-6660
     Fax: 201-527-6620
     Email: ccummins@rpaadvisors.com

                        About Rentech, Inc.

Rentech, Inc., has 37 direct and indirect non-debtor subsidiaries
in addition to Rentech WP U.S. Inc., which is a wholly owned direct
subsidiary of Rentech.  Rentech is a wood fibre processing company
with three core businesses: (i) contract wood handling and chipping
services; (ii) the manufacture and sale of wood pellets for the
U.S. heating market; and (iii) the manufacture, aggregation, and
sale of wood pellets for the utility and industrial power
generation market.

Rentech is effectively comprised of the following segments: (1)
NEWP and its non-debtor subsidiaries; (2) Fulghum and its U.S.
non-debtor subsidiaries; (3) the South American non-debtor
subsidiaries of Fulghum; (4) Rentech, Inc.'s direct and indirect
Canadian non-debtor subsidiaries; and (5) Rentech, Inc., Rentech
WP, and all other direct and indirect U.S. non-debtor subsidiaries
of Rentech, Inc.

Rentech, Inc. and Rentech WP U.S. Inc. sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 17-12958) on Dec. 19, 2017.  The
Chapter 11 cases are being jointly administered for procedural
purposes only pursuant to Bankruptcy Rule 1015(b).

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, and Latham
& Watkins LLP as counsel; RPA Advisors, LLC, as financial advisor;
and Prime Clerk LLC, as claims and noticing agent.


RESOLUTE ENERGY: MAC Recommends Retention of Financial Advisor
--------------------------------------------------------------
Representatives of Monarch Alternative Capital LP sent to Resolute
Energy Corporation's chief executive officer and the Company's
board of directors a letter on Jan. 24, 2018.

MAC has proposed in the January Letter that (x) the Issuer increase
stockholder representation on the Board by appointing two
individuals designated by it to the Board as independent directors,
(y) the Board form a committee consisting of the two Board members
designated by MAC and one other independent Board member for the
purpose of exploring potential strategic transactions, and (z) the
Issuer engage a reputable financial advisor with deep industry
expertise and relationships to assist the newly formed committee
and Board in evaluating and executing potential strategic
transactions.

To date, no understanding has been reached between the Reporting
Persons and the Issuer with respect to these issues.  

MAC, MDRA GP LP, and Monarch GP LLC reported to the Securities and
Exchange Commission that as of Jan. 24, 2018, they beneficially own
2,073,400 shares of common stock of Resolute Energy Corporation,
constituting 9.21 percent of the shares outstanding.

MAC serves as advisor to a variety of funds with respect to shares
of Common Stock of the Issuer directly owned by the Funds.  MDRA GP
LP is the general partner of MAC, with respect to shares of Common
Stock indirectly beneficially owned by virtue of that position.
Monarch GP LLC is the general partner of MDRA GP, with respect to
shares of Common Stock indirectly beneficially owned by virtue of
that position.

The 2,073,400 shares of Common Stock beneficially owned by the
Reporting Persons were acquired in open market transactions.  The
Funds expended an aggregate of approximately $52,604,536 of their
own investment capital to acquire the shares held by them.

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

                     https://is.gd/EX4rOz

                     About Resolute Energy

Based in Denver, Colorado, Resolute Energy Corp. --
http://www.resoluteenergy.com/-- is an independent oil and gas
company focused on the acquisition and development of
unconventional oil and gas properties in the Delaware Basin portion
of the Permian Basin of west Texas.  The Company's common stock is
traded on the NYSE under the ticker symbol "REN."

Resolute reported a net loss of $161.7 million in 2016, a net loss
of $742.3 million in 2015 and a net loss of $21.85 million in 2014.
The Company had $792.32 million in total assets, $866.08 million
in total liabilities and a total stockholders' deficit of $73.76
million as of Sept. 30, 2017.


REX ENERGY: Appoints New Chief Financial Officer
------------------------------------------------
Rex Energy Corporation has appointed Curt Walker, the Company's
current chief accounting officer, to the position of chief
financial officer, effective Jan. 22, 2018.  Mr. Walker will be
responsible for all financial, accounting and treasury functions,
as well as other related duties.

Mr. Walker has been the Company's chief accounting officer since
May 2012.  Prior to his promotion, he served as vice president,
accounting, and has been with Rex Energy since 2007.  Prior to
joining Rex, Mr. Walker was with YRC Worldwide, a Fortune 500
trucking and transportation company.  Mr. Walker holds a Bachelor
of Science degree in Accounting and an M.B.A., both from
Shippensburg University.

"Curt has been a key part of the Rex team for over a decade and has
been integral in the success of our company.  We are very pleased
that he has accepted the expanded role and we’re confident that
he is very qualified for the job," said Tom Stabley, president and
chief executive officer.

Thomas Rajan, the Company's previous CFO, has resigned from his
position.  The company said there have been no disagreements with
the Board of Directors or with executive management, and Mr.
Rajan's departure is not related to any issues regarding financial
disclosures, accounting or legal matters.  Mr. Stabley commented,
"We thank Thomas for his service over the last three years at Rex
and wish him the best going forward."

In connection with Mr. Rajan's resignation, on Jan. 25, 2018, the
Company and Mr. Rajan executed a separation and release agreement,
which will become effective on Feb. 1, 2018, unless earlier revoked
by Mr. Rajan.  The agreement provides, among other things, that Mr.
Rajan has waived and released all claims, known and unknown, that
he may have against the Company as of Jan. 25, 2018, and that he
will receive from the Company periodic payments equal to nine
months of base salary, a lump-sum bonus payment payable in March
2018, and nine months of COBRA continuation coverage premium
payments.  The Company expects the payments under the agreement to
be no greater than approximately $363,000 in the aggregate.

                   About Rex Energy Corporation

Headquartered in State College, Pennsylvania, Rex Energy --
http://www.rexenergy.com/-- is an independent oil and gas
exploration and production company with its core operations in the
Appalachian Basin.  The company's strategy is to pursue its higher
potential exploration drilling prospects while acquiring oil and
natural gas properties complementary to its portfolio.

Rex Energy reported a net loss of $176.7 million for the year ended
Dec. 31, 2016, a net loss of $361.0 million for the year ended Dec.
31, 2015, and a net loss of $42.65 million for the year ended Dec.
31, 2014.

                          *     *     *

As reported by the TCR on April 6, 2016, Standard & Poor's Ratings
Services said that it lowered its corporate credit rating on Rex
Energy Corp. to 'SD' from 'CC'.  "The downgrade follows Rex's
announcement that it has closed an exchange offer to existing
holders of its 8.875% and 6.25% senior unsecured notes for a new
issue of 8% senior secured second-lien notes due 2020 (not rated)
and shares of common equity," said Standard & Poor's credit analyst
Aaron McLean.

REX Energy Corporation carries a Ca Corporate Family Rating from
Moody's Investors Service.  "The downgrade reflects the poor
overall recovery prospects as indicated by REXX's PV-10 value.  The
negative outlook is driven by the weak commodity price environment,
specifically in natural gas pricing, which could further erode
REXX's recovery value," commented Sreedhar Kona, Moody's senior
analyst, as reported by the TCR on April 5, 2016.


RIO POZO: Hires Gammage & Burnham PLC as Counsel
------------------------------------------------
Rio Pozo, LLC, filed an amended application seeking approval from
the U.S. Bankruptcy Court for the District of Arizona to employ
Gregory J. Gnepper and the law firm of Gammage & Burnham, PLC as
counsel.

The professional services that counsel will render are:

     (a) give legal advice to Rio Pozo with respect to its powers
and duties in these proceedings;

     (b) assist Rio Pozo in the reorganization process;

     (c) negotiate with creditors and other interested parties on
Rio Pozo's behalf;

     (d) prepare on behalf of Rio Pozo the necessary applications,
answers, orders, reports and other legal papers; and

     (e) perform all other legal services for Rio Pozo which may be
necessary herein and for which Rio Pozo requires such professional
services.

The hourly rate for Gregory J. Gnepper and other partners at the
firm is $400. The hourly rates for associates and paralegals at the
firm, who may be utilized as appropriate, are $300 and $200,
respectively.

Gregory J. Gnepper attests that neither he nor Gammage & Burnham,
PLC, holds or represents any interest adverse to it or the
bankruptcy estate, and has any connection with the creditors,
except those affiliated with Rio Pozo, or any other party in
interest, or any of their respective attorneys, or any person
employed in the Office of the United States Trustee.

The counsel can be reached through:

     Gregory J. Gnepper, Esq.
     GAMMAGE & BURNHAM, PLC
     2 North Central Ave., 15th Floor
     Phoenix, AZ 85004
     Tel: 602-256-0566
     Fax: 602-256-4475
     E-mail: ggnepper@gblaw.com

                          About Rio Pozo

Rio Pozo, LLC is a privately held company based in Phoenix, Arizona
engaged in activities related to real estate.  Its principal place
of business is located at 4747 North Seventh Street, Suite 402,
Phoenix, AZ 85014.

Rio Pozo, LLC filed a voluntary petition under Chapter 11 of the
United States Bankruptcy Code (Bankr. D. Ariz Case No. 17-15149)
Dec. 27, 2017.  In the petition signed by Bradley D. Wilde,
manager, the Debtor estimated $1 million to $10 million in both
assets and liabilities.  Gregory J. Gnepper, Esq., at Gammage &
Burnham PLC, is the Debtor's counsel.




ROCKY MOUNTAIN: Files Amended 250M Common Shares Resale Prospectus
------------------------------------------------------------------
Rocky Mountain High Brands, Inc. has filed with the Securities and
Exchange Commission an amended Form S-1 registration statement
relating to the resale of up to 250,000,000 shares of its common
stock to be offered by the selling stockholder, GHS Investments,
LLC.  These 250,000,000 shares of common stock consist of up to
250,000,000 shares of common stock issuable to GHS under the terms
of an Equity Financing Agreement dated Oct. 12, 2017.
  
The Company's registration of the shares of common stock covered by
this prospectus does not mean that the selling stockholder will
offer or sell any of such shares of common stock.  The selling
stockholder may sell the shares of common stock covered by this
prospectus in a number of different ways and at varying prices.

GHS is an underwriter within the meaning of the Securities Act of
1933, and any broker-dealers or agents that are involved in selling
the shares may be deemed to be "underwriters" within the meaning of
the Securities Act of 1933 in connection with such sales.  In that
event, any commissions received by such broker-dealers or agents
and any profit on the resale of the shares purchased by them may be
deemed to be underwriting commissions or discounts under the
Securities Act of 1933.  The Company will bear all costs, expenses
and fees in connection with the registration of the common stock.
The selling stockholder will bear all commissions and discounts, if
any, attributable to its sales of its common stock.

Rocky Mountain's common stock is quoted on the OTCQB tier of the
electronic over-the-counter marketplace operated by OTC Markets
Group, Inc.  On Oct. 31, 2017, the last reported sales price for
the Company's common stock was $0.02 per share.

A full-text copy of the Form S-1/A is available for free at:

                      https://is.gd/QKKq6d

                      About Rocky Mountain

Dallas, Texas-based Rocky Mountain High Brands, Inc. (OTCMKTS:RMHB)
is a consumer goods brand development company specializing in
developing, manufacturing, marketing, and distributing hemp-infused
food and beverage products and spring water.  The Company currently
markets a lineup of five hemp-infused beverages.  RMHB is also
researching the development of a lineup of products containing
Cannabidiol (CBD).  The Company's intention is to be on the cutting
edge of the use of CBD in consumer products while complying with
all state and federal laws and regulations.

Rocky Mountain reported a net loss of $9.27 million for the year
ended June 30, 2017, following net income of $2.32 million for the
year ended June 30, 2016.  As of Sept. 30, 2017, Rocky Mountain had
$1.04 million in total assets, $7.49 million in total liabilities,
all current, and a total shareholders' deficit of $6.44 million.

Paritz & Company, P.A., in Hackensack, New Jersey, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended June 30, 2017, noting that the
Company has a shareholders' deficit of $7.304 million, an
accumulated deficit of $26.15 million at June 30, 2017, and has
generated operating losses since inception.  These factors, among
others, raise substantial doubt about the ability of the Company to
continue as a going concern.


ROOT9B HOLDINGS: Common Stock Delisted from Nasdaq
--------------------------------------------------
The Nasdaq Stock Market LLC filed a Form 25-NSE with the Securities
and Exchange Commission notifying the removal from listing or
registration of root9B Holdings, Inc.'s common stock on the
Exchange under Section 12(b) of the Securites Exchange Act of 1934.


                         About Root9B Holdings

root9B Holdings (OTCQB: RTNB) -- http://www.root9bholdings.com/--
is a provider of Cybersecurity and Regulatory Risk Mitigation
Services.  Through its wholly owned subsidiaries root9B and IPSA
International, the Company delivers results that improve
productivity, mitigate risk and maximize profits.  Its clients
range in size from Fortune 100 companies to mid-sized and
owner-managed businesses across a broad range of industries
including local, state and government agencies.

Root9B Technologies, Inc., changed its name to root9B Holdings,
Inc., effective Dec. 5, 2016, and relocated its corporate
headquarters from Charlotte, NC, to the current headquarters of
root9B, its wholly owned cybersecurity subsidiary, in Colorado
Springs, CO.

Root9B reported a net loss of $30.48 million for the year ended
Dec. 31, 2016, following a net loss of $8.33 million in 2015.  As
of March 31, 2017, Root9B Holdings had $16.84 million in total
assets, $15.80 million in total liabilities, and $1.03 million in
total stockholders' equity.

Cherry Bekaert LLP, in Charlotte, North Carolina, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, noting that Company has suffered
recurring losses from operations and has negative operating cash
flows and will require additional financing to fund the continued
operations.  The availability of such financing cannot be
assured.  These conditions raise substantial doubt about its
ability to continue as a going concern, the auditors said.


SAEXPLORATION HOLDINGS: Exchange Bid & Consent Solicitation Expire
------------------------------------------------------------------
SAExploration Holdings, Inc., announced the expiration at 5:00
p.m., New York City time, on Jan. 24, 2018, of its (A) offer to
eligible holders of record of its 10.000% Senior Secured Second
Lien Notes due 2019 and eligible holders of record of its 10.000%
Senior Secured Notes due 2019 to exchange any and all of its
Existing Notes and any and all of its Stub Notes, plus accrued and
unpaid interest from and including Jan. 15, 2018 thereon, for up to
(1) 1,883,964 newly issued shares of SAE's common stock, (2) 35,000
newly issued shares of SAE's Series A perpetual convertible
preferred stock, (3) 945,000 newly issued shares of SAE's Series B
convertible preferred stock (which is mandatorily convertible into
20,542,196 shares of Common Stock, subject to certain conditions,
and (4) 8,169,822 warrants to purchase 8,169,822 shares of Common
Stock, upon the terms and subject to the conditions set forth in
SAE's Exchange Offer Memorandum and Consent Solicitation Statement
dated Dec. 22, 2017 and (B) consent solicitation related to the
adoption of proposed amendments to each of the indenture governing
the Existing Notes and the indenture governing the Stub Notes, in
each case, together with the related security and collateral
agreements relating to the Notes, each as described in the
Memorandum.  The Proposed Amendments will not be operative until
the Exchange Offer is consummated according to its terms.  Any
outstanding Notes are subject to the terms of the agreements
implementing the applicable Proposed Amendments.  The complete
terms and conditions of the Exchange Offer and Consent Solicitation
are set forth in the Memorandum.

As of the Expiration Time, according to Epiq Corporate
Restructuring, the exchange agent for the Exchange Offer and the
Consent Solicitation, the aggregate principal amount of Existing
Notes tendered at or prior to the Expiration Time was $78,037,389,
or approximately 91.8% of the $84,989,643 of outstanding Existing
Notes; and, the aggregate principal amount of Stub Notes tendered
at or prior to the Expiration Time was $7,000, or less than 1.0% of
the $1,872,000 of outstanding Stub Notes.  The holders of Existing
Notes party to SAE's Restructuring Support Agreement dated as of
Dec. 19, 2017 have agreed to waive the minimum tender condition,
and SAE intends to accept all tendered Notes for exchange and
expects to pay the exchange consideration with respect to such
Notes on Jan. 29, 2018.  In exchange for each $1,000 principal
amount of Existing Notes plus accrued and unpaid interest from and
including Jan. 15, 2018 thereon or $1,000 principal amount of Stub
Notes plus accrued and unpaid interest from and including Jan. 15,
2018 thereon that are tendered by Holders at or before the
Expiration Time and accepted for exchange by SAE, Holders will
receive the Exchange Consideration, which consists of (i) 21.8457
New Common Shares, (ii) 0.4058 Series A Preferred Shares, (iii)
10.9578 Series B Preferred Shares, and (iv) 94.7339 Series C
Warrants.

The New Common Shares, the Series A Preferred Shares, the Series B
Preferred Shares, and the Series C Warrants have not been
registered under the Securities Act of 1933, as amended, or any
state securities laws, and unless so registered, may not be offered
or sold in the United States or to U.S. persons except pursuant to
an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable
state securities laws.  As a result, these securities will be
transfer restricted securities within the meaning of the U.S.
federal securities laws.

               About SAExploration Holdings, Inc.

Based in Houston, Texas, SAExploration Holdings, Inc. --
http://www.saexploration.com/--  is an internationally-focused
oilfield services company offering a full range of
vertically-integrated seismic data acquisition and logistical
support services in remote and complex environments throughout
Alaska, Canada, South America, Southeast Asia and West Africa.  In
addition to the acquisition of 2D, 3D, time-lapse 4D and
multi-component seismic data on land, in transition zones and
offshore in depths reaching 3,000 meters, SAE offers a full suite
of logistical support and in-field data processing services, such
as program design, planning and permitting, camp services and
infrastructure, surveying, drilling, environmental assessment and
reclamation and community relations.  SAE operates crews around the
world, performing major projects for its blue-chip customer base,
which includes major integrated oil companies, national oil
companies and large independent oil and gas exploration companies.
Operations are supported through a multi-national presence in
Houston, Alaska, Canada, Peru, Colombia, Bolivia, Brazil and New
Zealand.

SAExploration reported a net loss attributable to the Company of
$25.03 million for the year ended Dec. 31, 2016, a net loss
attributable to the Company of $9.87 million for the year ended
Dec. 31, 2015, and a net loss attributable to the Company of $41.75
million for the year Dec. 31, 2014.  The Company's balance sheet at
Sept. 30, 2017, showed $158.62 million in total assets, $143.33
million in total liabilities and $15.28 million in total
stockholders' equity.

                          *     *     *

In June 2016, S&P Global Ratings lowered its corporate credit
rating on SAExploration Holdings to 'CC' from 'CCC-'.  At the same
time, S&P lowered the issue-level rating on the company's senior
secured notes to 'CC' from 'CCC-'.  The outlook remains negative.
The downgrade follows SAExploration's announcement that it plans to
launch an exchange offer to existing holders of its 10% senior
secured notes for shares of common equity and a new issue of
second-lien notes.  Following the rating action, S&P withdrew the
corporate credit and issue-level ratings at the company's request.

In September 2016, Moody's Investors Service withdrew
SAExploration's 'Caa2' Corporate Family Rating and other ratings.
Moody's withdrew the rating for its own business reasons, as
reported by the TCR on Sept. 13, 2016.


SCHWEINEHAUS LLC: Hires Eugene G Douglas as Attorney
----------------------------------------------------
Schweinehaus, LLC seeks approval from the U.S. Bankruptcy Court for
the Western District of Tennessee, Western Division, to employ
Eugene G. Douglas as its attorney.

Professional services required of Mr. Douglas are:

     a. consult with the Debtor concerning all bankruptcy related
matters;

     b. prepare and file petition, schedules and associated
documents, court appearances;

     c. assist in the negotiation, formulation and confirmation of
the Debtor's plan; and

     d. provide all other legal services necessary to complete the
Chapter 11 and obtain a confirmed plan.

Eugene G. Douglas attests that he does not hold or represent an
interest adverse to the estate and is a disinterested person within
the meaning of 11 U.S.C. 101(14).

The attorney can be reached through:

     Eugene G. Douglass, Esq.
     Douglass & Runger, Attorneys at Law
     2820 Summer Oaks Drive
     Bartlett, TN 38134
     Phone: (901) 388-5804
     E-mail: gene@douglassrunger.com

                   About Schweinehaus, LLC

Based in Memphis, Tennessee, Schweinehaus, LLC filed a Chapter 11
petition (Bankr. W.D. Tenn. Case No. 18-20060) on Jan. 8, 2017,
estimating under $1 million in both assets and liabilities.  Eugene
G. Douglass, Esq., at Douglass & Runger, is the Debtor's counsel.



SCIENTIFIC GAMES: Moody's Rates New EUR325MM Secured Notes Ba3
--------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to Scientific Games
International, Inc.'s proposed EUR325 million senior secured Euro
notes due 2026 and a Caa1 rating to the company's proposed EUR250
million senior unsecured Euro notes due 2026. The company's
existing Ba3 rated revolver and term loan, Ba3 rated senior secured
notes (including proposed $500 million 5% notes due 2025 add-on),
Caa1 rated unsecured notes, and Caa1 rated senior subordinated
noted are unchanged. Scientific Games Corporation's (SGC) B2
Corporate Family Rating, B2-PD Probability of Default Rating and
SGL-2 Speculative Grade Liquidity rating are also unchanged. SGCs
rating outlook remains stable.

Proceeds from the proposed $500 million senior secured 5% notes
add-on, new EUR325 million senior secured Euro notes, and new
EUR250 million senior unsecured Euro notes, combined with proceeds
from the previously announced $3,775 million senior secured term
loan B5, will be used to repay approximately $185 million of
revolver borrowings, refinance the existing term loan B4, refinance
approximately $1,400 million of the company's existing 7% senior
secured notes, as well as pay related premiums, fees and expenses.

The proposed refinancing will reduce annual cash interest expense
and extend 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.

Assignments:

Issuer: Scientific Games International, Inc.

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

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

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.

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 Rates EUR350M Senior Secured Notes 'B+'
-------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '2'
recovery rating to Las Vegas-based Scientific Games Corp.'s
proposed EUR325 million senior secured notes due 2026. The '2'
recovery rating reflects S&P expectations for substantial recovery
(70% to 90%; rounded estimate: 80%) for lenders in the event of a
payment default.

S&P said, "We also assigned our 'B-' issue-level rating and '5'
recovery rating to the company's proposed EUR250 million senior
unsecured notes due 2026. The '5' recovery rating reflects our
expectation for modest (10% to 30%; rounded estimate: 10%) for
lenders in the event of a payment default."

The issue-level and recovery ratings on the company's existing $850
million 5% senior secured notes due 2025 (pro forma for the $500
million add-on) remain 'B+' and '2', respectively.

The proposed notes will be issued by Scientific Games' direct
subsidiary, Scientific Games International Inc. Scientific Games
plans to use proceeds from the proposed notes, along with a
previously announced $3.8 billion term loan B-5, and a $500 million
add-on to the company's existing 5% senior secured notes due 2025,
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.

Key analytical factors

S&P said, "Our recovery ratings on Scientific Games' revolver and
secured notes, senior unsecured notes, and subordinated notes are
'2', '5', and '6', respectively. Our simulated default scenario
contemplates a payment default in 2021, attributable to a prolonged
economic downturn that reduces consumer spending on gaming, extends
the gaming equipment replacement cycle, and meaningfully reduces
spending on new equipment. We assume a reorganization of Scientific
Games under a distressed scenario, using a 6x multiple to value the
company.

"We assume the revolver would be 85% drawn at the time of default.
For purposes of our analysis, we assume that Scientific Games'
domestic operating subsidiaries, which are guarantors of the credit
agreement and secured notes, generate about 75% of total EBITDA and
that foreign subsidiaries generate about 25%. --As a result, we
have attributed 75% ($4 billion) of the net available recovery
value to domestic operating entities, and 25% ($1.3 billion) to
foreign operating entities.

"Under our analysis, senior secured debtholders have a priority
claim against substantially all of the available domestic value ($4
billion) and a priority claim against 65% ($872 million) of the
foreign value ($1.3 billion), which represents the value we have
attributed to the foreign stock pledge. --Total value attributable
to senior secured claims would total $4.9 billion. We estimated
total first-lien senior secured claims of $6.2 billion at default,
leaving a first-lien unsecured deficiency claim of about $1.3
billion. The first-lien senior credit facilities' unsecured
deficiency claim and the senior unsecured notes claim (which we
estimate at about $2.6 billion at default) would constitute
pari-passu unsecured claims against the remaining $470 million of
recovery value, which represents the value we attribute to the 35%
unpledged foreign equity."

Simplified waterfall

-- Emergence EBITDA: $940 mil.
-- EBITDA multiple: 6.0x
-- Gross enterprise value: $5.6 bil.
-- Net recovery value after administrative expenses (5%): $5.4
bil.
-- Obligor/nonobligor valuation split: 75%/25%
-- Estimated first-lien secured debt: $6.2 bil.
-- Value available to secured debt: $4.9 bil.
    --Recovery expectations: 70%-90% (rounded estimate: 80%)
-- Estimated senior unsecured claims*: $3.9 bil.
-- Value available to unsecured claims: $470 mil.
    --Recovery expectations: 10%-30% (rounded estimate: 10%)
-- Estimated subordinated debt: $603 mil.
-- Value available to subordinated debt: $0
    --Recovery expectations: 0%-10% (rounded estimate: 0%)

Note: All debt amounts include six months of prepetition interest.
*Senior unsecured claims represent unsecured debt outstanding
(about $2.6 bil.) and the pari passu secured deficiency claim ($1.3
bil.).

RATINGS LIST

  Scientific Games Corp.
   Corporate Credit Rating                 B/Stable/--

  New Rating

  Scientific Games International Inc.

  EUR325 mil. notes due 2026  
   Senior Secured                          B+
    Recovery Rating                        2 (80%)  
  
  EUR250 million notes due 2026

   Senior Unsecured                        B-
    Recovery Rating                        5 (10%)


SOLBRIGHT GROUP: Losses Since Inception Casts Going Concern Doubt
-----------------------------------------------------------------
Solbright Group, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $2,896,651 on $3,291,100 of net sales for
the three months ended November 30, 2017, compared with a net loss
of $509,151 on $389,676 of net sales for the same period in 2016.

For the six months ended November 30, 2017, the Company recorded a
net loss of $6,705,188 on $8,569,141 of net sales, compared to a
net loss of $796,125 on $814,163 of net sales for the same period
last year.

At November 30, 2017, the Company had total assets of $18.23
million, total liabilities of $9.85 million, and a $8.39 million in
total stockholders' equity.

The Company has incurred net losses of approximately $53 million
since inception, including a net loss of approximately $7 million
for the six months ended November 30, 2017.  Additionally, the
Company still had both working capital and stockholders'
deficiencies at November 30, 2017 and negative cash flow from
operations since inception.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.
Management expects to incur additional losses in the foreseeable
future and recognizes the need to raise capital to remain viable.

The Company's plan, through potential acquisitions and the
continued promotion of its services to existing and potential
customers, is to generate sufficient revenues to cover its
anticipated expenses.  The Company is currently exploring several
options to meet its short-term cash requirements, including an
equity raise or loan funding from third parties.  Although no
assurances can be given as to the Company's ability to deliver on
its revenue plans, or that unforeseen expenses may arise, the
management of the Company believes that the revenue to be generated
from operations together with potential equity and debt financing
or other potential financing will provide the necessary funding for
the Company to continue as a going concern.

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

                      https://is.gd/ISTaao

                   About Solbright Group, Inc.

Solbright Group, Inc., formerly Arkados Group, Inc., conducts its
business activities through two subsidiaries, Arkados, Inc.
(Arkados) and SolBright Energy Solutions, LLC (SES).  The Company
deliver technology solutions for building and machine automation
and energy conservation and provide energy conservation services
such as LED lighting retrofits, HVAC system retrofits and solar
engineering, procurement and construction services.



STEINWAY MUSICAL: S&P Alters Outlook to Pos. & Affirms 'B-' CCR
---------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' corporate credit rating on
U.S.-based Steinway Musical Instruments Inc. and revised the
outlook to positive from stable.

S&P said, "At the same time we affirmed our 'B-' issue level rating
on the company's $305 million first-lien term loan, which matures
in September 2019. The recovery rating remains '3', indicating our
expectations for a meaningful (50%-70%; rounded estimate: 50%)
recovery in the event of payment default."

Total debt outstanding as of Sept. 30, 2017, was $314.6 million.

S&P said, "We expect the company will sustain its recent
operational and credit ratio improvement through 2018, including
debt to EBITDA at or below 5.5x and covenant cushion above 15%. We
believe a combination of strategies--namely the company's recent
move away from traditional print and media advertising of pianos in
favor of additional piano showrooms in key locations, and the
introduction of a higher-margin self-playing concert piano, the
Spirio--resulted in strong sales growth across key geographies in
the second half of fiscal 2017, notably Europe and Asia.
Furthermore, the company has recently implemented a visual
inventory management system within its Eastlake, Ohio, musical
instruments plant, which should help alleviate bottlenecks, thereby
increasing fixed cost absorption and overall plant efficiency.
Because of these improvements, we expect the company to reduce debt
to EBITDA to roughly 5.3x for fiscal 2017 as compared to our
previous forecast of 5.6x, while generating at least $30 million of
free operating cash flow that we believe the company will use to
pay down a portion of its term loan. As a result, we believe the
cushion on the company's total net leverage ratio covenant will
remain above 15% despite contractual covenant step downs later in
2018.

"The positive outlook reflects our view that the company will
sustain its improved operational improvements and cash flow
generation over the next twelve months.

"We could raise the ratings if we believe Steinway will refinance
its entire capital structure over the next few quarters without
materially increasing leverage, extending maturity dates while
maintaining forecasted covenant cushion of at least 15%.

"We could revise our outlook to stable if the company is unable to
maintain its recent operational improvements, resulting in free
operating cash flow falling below $15 million and debt to EBITDA
rising to and being sustained well above 6x, which could result
from a large debt-funded dividend."


SUNRISE HOSPICE: Hires Neilson Law as Attorney
----------------------------------------------
Sunrise Hospice, LLC, seeks approval from the U.S. Bankruptcy Court
for the District of Utah, Cenral Division, to hire Neilson Law
Group as attorneys.

Services to be provided by Neilson are:

     a. advise the Debtor and take all necessary or appropriate
actions at the Debtor's direction with respect to protecting and
preserving the Debtor's estate, including the defense of any
actions commenced against the Debtor,
the negotiation of disputes in which the Debtor is involved, and
the preparation of objections to claims filed against the
Debtor’s estate;  

     b. draft and develop all necessary or appropriate motions,
applications, answers, orders, reports, and other papers in
connection with the administration of the Debtor's estate on behalf
of the Debtor, as Debtor in
possession;  

     c. take all necessary or appropriate actions in connection
with a plan of reorganization and related disclosure statement(s)
and all related documents, and such further actions as may be
required in connection with the administration of the Debtor's
estate;
  
     d. take all necessary or appropriate actions in connection
with the reorganization of the Debtor and its operations and all
related actions and preparing such documentation as is necessary to
accomplish the  
reorganization of the Debtor; and  

     e. perform and advise the Debtor as to all other necessary
legal services in connection with the prosecution of the Debtor's
Case.  

The Debtor will be represented by Darren Neilson in this Case.  Mr.
Neilson's billing rate is $200 per hour.

Darren Neilson attests that  Neilson Law is a "disinterested
persons" as defined in Section 101(14) of the Bankruptcy Code and
as required by Section 327(a) of the Bankruptcy Code.

The attorneys can be reached through:

     Darren B. Neilson, Esq.
     NEILSON LAW, LLC
     2150 South 1300 East, Suite 360
     Salt Lake City, UT 84106
     Tel: 801-207-9500
     Fax: 877-563-7577
     E-mail: darren@neilsonlaw.co

                     About Sunrise Hospice

Sunrise Hospice, LLC, operates skilled nursing care facilities with
its principal place of business located at 1940 & 1950 South 375
East Orem, Utah 84058.  The company is a small business debtor as
defined in 11 U.S.C. Section 101(51D).

Sunrise Hospice filed a Chapter 11 petition (Bankr. D. Utah Case
No. 17-30690) on Dec. 13, 2017.  In the petition signed by Matthew
A. Baker, managing member, the Debtor disclosed $1.75 million total
assets and $1.25 million total liabilities as of Nov. 30, 2017.
Judge Kimball R. Mosier presides over the case.  Darren B. Neilson,
Esq., at Neilson Law LLC, is the Debtor's counsel.



TAFF LLC: Hires Allan D. NewDelman P.C. as Counsel
--------------------------------------------------
TAFF, LLC, doing business as Kit's House, seeks authority from the
U.S. Bankruptcy Court for the District of Arizona to employ Allan
D. NewDelman, P.C., as counsel.

The professional services that Allan D. New Delman, P.C., will
render are:

     (a) give the Debtor legal advice with respect to all matters
related to this case;

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

     (c) perform all other legal services for the Debtor which may
be necessary.

The firm's hourly billing rates are:

      Allan D. NewDelman        $395
      Roberta J. Sunkin         $315
      Paralegal              $150 to $200

Allan D. NewDelman attests that he and his firm do not have any
interest adverse to the Debtor or the estate.

The counsel can be reached through:

     Allan D. NewDelman, Esq.
     ALLAN D. NEWDELMAN, P.C.
     80 E Columbus Ave
     Phoenix, AZ 85012
     Phone:(602) 264-4550
     E-mail: anewdelman@adnlaw.net

                         About Taff LLC

Based in Maricopa, Arizona,TAFF, LLC, d/b/a Kit's House, filed a
Chapter 11 petition (Bankr. D. Ariz. Case No. 18-00177) on Jan. 8,
2017, estimating under $1 million both in assets and liabilities.
Allan D. NewDelman, Esq., at Allan D. NewDelman, P.C., is the
Debtor's counsel.


TERRAFORM GLOBAL: Moody's Hikes CFR to Ba3; Outlook Stable
----------------------------------------------------------
Moody's Investors Service upgraded the ratings of Terraform Global
Operating, LLC ("TGO" or "yieldco"), including its Corporate Family
Rating (CFR) to Ba3 from B3, Probability of Default rating to
Ba3-PD from B3-PD and senior unsecured rating to Ba3 from Caa1.
Moody's also upgraded TGO's Speculative Grade Liquidity Rating
("SGL") to SGL-2 from SGL-3. The rating outlook is stable.

This concludes the review of TGO's ratings initiated on January 4,
2018.

RATINGS RATIONALE

"The upgrade to Ba3 reflects TGO's ownership by a financially
strong entity and the elimination of contagion risk associated with
its former bankrupt sponsor," said Natividad Martel, Senior
Analyst. "The upgrade is also prompted by Moody's expectation that
the management team appointed by TGO's new indirect shareholders,
affiliates of Brookfield Asset Management Inc (Brookfield; Baa2
stable), will execute a financial plan that will include material
cost saving initiatives and significant deleveraging" added Martel.
This expectation reflects the cash tender offer launched on January
26, 2018 for over $521 million of TGO's still outstanding 9.75%
Senior Notes due 2022, a tender process that follows the issuer's
repurchase of around $239 million of these Notes.

The successful implementation of this plan, along with management's
focus on enhancing the operational performance of TGO's projects,
will significantly improve the yieldco's cash flow and capital
structure going forward. Importantly, rating action incorporates
Moody's view that Brookfield's affiliates will manage TGO's debt to
EBITDA such that it does not exceed 4.5x. on a sustained basis.
This is important because it will help to offset TGO's business
risk profile, which is higher compared to its yieldco peers because
all of its projects operate in emerging markets, and TGO does not
hedge its currency risk exposure.

The upgrade factors in the geographic diversification benefits from
the projects' location in seven countries, with assets spanning
multiple jurisdictions The main markets are Brazil, India and China
in terms of installed capacity (over 80% of the installed capacity)
and up-streamed cash flows to TGO.

The Ba3 CFR acknowledges the long-term contracted nature of TGO's
operations, which currently consist of twenty-eight solar and wind
projects (before the Biotherm acquisition). These projects operate
under power purchase agreements (PPA) with a weighted average
remaining life of around seventeen years. The majority of the
projects are unlevered which reduces structural subordination
considerations over the near-term. However, the absence of material
amount of amortizing debt at the projects exposes the yieldco's
cash flow to re-contracting risk over the long-term as project
contracts start to expire, constraining the rating.

The projects' credit quality is underpinned by an adequate weighted
average counterparty risk exposure. The vast majority of the
projects' off-takers consist of government or sub-sovereign related
entities, although their credit quality varies widely. For example,
counterparties include subsidiaries of Malaysia Airports Holdings
Berhad (A3 stable) in Malaysia and NTPC Limited (Baa2 stable) in
India, two highly rated entities However, counterparties also
include entities whose credit quality is weaker than their
countries' sovereign ratings. Notable examples include State-owned
electric distribution companies in India as well as Eskom Holdings
SOC Limited. (B1 under review for downgrade).

The Ba3 rating factors in Moody's expectation of an aggressive
dividend policy, which is typical for the yieldco sector; However,
unlike its yieldco peers, TGO is not exposed to the pressure of
meeting publicly stated dividend growth targets following its
recent delisting from NASDAQ stock market. This reduced pressure
also helps to mitigate the cash flow volatility that results from
TGO's higher business risk project portfolio.

Rating Outlook

Although the implementation of the new financial and operational
initiatives are not without execution risk, the stable outlook
considers the financial strength of TPO's new sponsor and
Brookfield's wide experience in the renewables sector. The stable
outlook anticipates that TGO will maintain an adequate liquidity
profile, that it will pursue a sustainable but conservative growth
strategy, and that exposure to construction risk associated with
new greenfield projects will remain moderate.

The stable outlook incorporates management's expectation that TGO
will gain access to the cash flows generated by its South African
operations after curing a technical event of default triggered by
the operational challenges at the Boshof solar project. The stable
outlook also factors in Moody's expectation that TGO's Chinese
projects will not be materially affected by congestion in the
Chinese renewable sector.

What can change the rating - Up

Limited near term upside potential exists for the rating given
TGO's business risk profile and the execution risk associated with
the new owner's financial plan. However, a material reduction in
TGO's leverage that improves the consolidated debt to EBITDA to
levels below 2.0x along with a track-record of a moderate dividend
policy and prudent financial policies on the part of the new owners
could over time trigger positive momentum on the TGO's rating
and/or outlook.

What can change the rating -- Down

A downgrade of the rating is possible if the implementation of
prudent financial policies does not occur or is unsuccessful, if
there are operating or cash flow generating problems at multiple
projects, if the yieldco adopts an aggressive, debt financed growth
strategy, if management fails to improve the projects cash flows
and operations, or financial and leverage metrics do not improve
significantly from current levels, specifically if the consolidated
debt to EBITDA exceeds 4.5x on a sustainable basis.

Upgrades:

Issuer: TerraForm Global Operating, LLC

-- Probability of Default Rating, Upgraded to Ba3-PD from B3-PD

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

-- Corporate Family Rating, Upgraded to Ba3 from B3

-- Senior Unsecured Regular Bond/Debenture, Upgraded to Ba3(LGD4)

    from Caa1(LGD5)

Outlook Actions:

Issuer: TerraForm Global Operating, LLC

-- Outlook, Changed To Stable From Rating Under Review

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

Headquartered in Bethesda, the total return company Terraform
Global Operating LLC's currently owns around 900MW (adjusted to
reflect its ownership-stakes) in wind (around 60% of the assets'
total capacity) and solar projects. The assets operate in seven
emerging markets, including Brazil (Ba2 negative), China (A1
stable) and India (Baa2 stable). TGO became a private entity
following its delisting from NASDAQ stock market.


TEXAS E&P: DOJ Watchdog Directed to Appoint Chapter 11 Trustee
--------------------------------------------------------------
Judge Stacey G. C. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas issued an order directing the U.S.
Trustee to appoint a Chapter 11 Trustee in the case of Texas E&P
Operating, Inc.

Upon the emergency unopposed motion to appoint a Chapter 11 Trustee
filed by the Official Committee of Unsecured Creditors, the court
finds that cause exists to appoint a chapter 11 trustee in this
case.

                 About Texas E&P Operating

Based in Richardson, Texas, the Texas E&P group of companies --
http://texasepgroup.com-- offer direct investment opportunities in
its oil and natural gas projects in the Southwestern United States.
From the initial investment to the production of each well, the
Group oversees each phase of development.  Texas E&P Operating is
an independent oil and natural gas operator, with specialties in
developing new and existing oil fields since 1994.  Texas E&P
Funding manages a diverse offering of oil and natural gas
investments.  Texas E&P Well Service is in the well workover and
completion industry, with dedication to safety and innovation.

Texas E&P Operating, Inc. fka Chestnut Exploration and Production,
Inc., filed for Chapter 11 bankruptcy protection (Bankr. N.D. Tex.
Case No. 17-34386) on Nov. 29, 2017, estimating its assets and
liabilities at between $10 million and $50 million each.  The
petition was signed by Mark A. Plummber, president.

Judge Stacey G. Jernigan presides over the case.

John Mark Chevallier, Esq., at McGuire, Craddock & Strother, P.C.,
serves as the Debtor's bankruptcy counsel.


TURNING POINT: S&P Ups Corp. Credit Rating to 'B+', Outlook Stable
------------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on
Louisville, Ky.-based Turning Point Brands Inc. to 'B+' from 'B'.
The outlook is stable.

S&P said, "At the same time, we raised our issue-level rating on
the company's first-lien debt to 'BB' from 'BB-' and on its
second-lien debt to 'B' from 'CCC+'. The recovery rating on the
first-lien debt remains '1', indicating our expectation for very
high recovery (90%-100%, rounded estimate: 95%) in the event of a
default. We revised the recovery rating on the second-lien debt to
'5' from '6', indicating our expectation of modest recovery
(10-30%, rounded estimate: 25%) in the event of a default. Debt
outstanding at Sept. 30, 2017, was about $210 million.

"The upgrade reflects our expectation that TPB will continue to
generate solid topline and profit growth, and that it will sustain
credit ratios consistent with its publicly communicated, company
defined leverage target of 2.5x-3.5x. We forecast leverage will
improve to the mid-3x area over the next year (from the low-4x area
at Sept. 30, 2017), driven by solid growth from its vaping and
moist snuff product portfolios, and good cash generation from
mature, high margin products such as cigarette papers and chewing
tobacco. Our ratings incorporate majority ownership by financial
sponsor Standard General and a large, widely held minority
ownership, which we believe should reduce the risk of excess
balance sheet leverage.  Although still majority sponsor
controlled, TPB has been well managed since Standard General became
an owner, and credit metrics have improved considerably. The
company recently initiated a dividend and we expect it will
continue to pursue modest acquisitions. However, we believe the
company would consider issuing equity, if necessary, rather than
debt for a larger acquisition opportunity in order to maintain its
leverage profile.

"The stable outlook reflects our expectation for continued credit
metric improvement as TPB implements price increases to offset
secular declines across most of its tobacco portfolio, while also
generating solid growth in the vaping and other nontobacco
categories. We forecast debt to EBITDA in the mid-3x area and
EBITDA interest coverage in the low-4x area in 2018.

"We could lower the rating if leverage weakens and is sustained
above 5x. This could occur if TPB adopts a more aggressive
financial policy, or if operating performance deteriorates
meaningfully, potentially due to unfavorable regulatory
developments, intensifying competition from larger competitors, a
weakening U.S. dollar (which would increase product costs), or
steeper than expected declines in its tobacco-related segments,
potentially due to rising gas prices. Leverage could weaken to 5x
if debt increases about $50 million or EBITDA declines about 20%.

"While highly unlikely over the next year, we could raise the
rating if the financial sponsor reduces its ownership and we
believe TPB will adopt more conservative financial policies,
including adjusted leverage sustained well below 4x. This would
also be predicated on our view that the evolving regulatory and
competitive environment will remain at least benign to TPB."


UBL INTERACTIVE: Angela Collette Named as Receiver in 'Alessi' Case
-------------------------------------------------------------------
Angela Collette was appointed as receiver of UBL Interactive, Inc.,
on Aug. 9, 2017, in the matter of William Alessi v. UBL
Interactive, Inc., case number 17 CvS 7847, in the General Court of
Justice Superior Division, State of North Carolina, County of
Mecklenburg, according to a Form 8-K/A filed with the Securities
and Exchange Commission.

                    About UBL Interactive

Headquartered in Charlotte, NC, UBL Interactive Inc. provides a
comprehensive set of online identity management tools and services
to businesses seeking to optimize their presence in location based
search results on web, mobile and social platforms.  These search
results typically are highly structured and include name, address,
phone number and enhanced profile information, as opposed to
excerpts of website information.  The company markets its services
under the product brand name of Universal Business Listing and UBL
and operate in part through the website www.UBL.org.  Its service
provides a cost-effective method for ensuring the distribution and
accuracy of individual business listing data across hundreds of
local web directories, search engines, mobile applications and
other sources of local listings data.  The company's profile
management services allow businesses to take control of profile
pages in leading, highly trafficked, search engines and social
media sites, providing enhanced content about their products and
services.  As part of these services, the company also provides an
expanding range of analytical and monitoring tools to increase its
customer value proposition.  UBL Interactive offers services in the
USA, Canada, The United Kingdom and Australia.

Li and Company, PC, in Skillman, New Jersey, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended Sept. 30, 2014, noting that the
Company had an accumulated deficit at Sept. 30, 2014 and a net loss
for the fiscal year then ended.  These factors raise substantial
doubt about the Company's ability to continue as a going concern.

As of June 30, 2015, UBL Interactive had $1.39 million in total
assets, $9.35 million in total liabilities and a total
stockholders' deficit of $7.95 million.


UBL INTERACTIVE: Hires Thayer O'Neal as Accountants
---------------------------------------------------
UBL Interactive, Inc. engaged Thayer O'Neal Company, LLC as
independent registered public accounting firm for UBL Interactive,
Inc. on or about Nov. 20, 2017.  The court-appointed Receiver of
the Company determined to engage the New Accounting Firm, and the
Board of Directors of the Company did not participate in the
determination.  

As disclosed by the Company in a Form 8-K filed with the Securities
and Exchange Commossion, "The Company has not consulted with the
New Accounting Firm during our two most recent fiscal years or
during any subsequent interim period prior to November 20, 2017
(the date of the New Accounting Firm's appointment), regarding (i)
the application of accounting principles to a specified
transaction, either completed or proposed; (ii) the type of audit
opinion that might be rendered on our financial statements, and
neither a written report was provided to us nor oral advice was
provided that the New Accounting Firm concluded was an important
factor considered by the Company in reaching a decision as to an
accounting, auditing or financial reporting issue; or (iii) any
matter that was either the subject of disagreement (as defined in
Item 304(a)(1)(iv) of Regulation S-K and the related instructions)
or a reportable event (within the meaning of Item 304(a)(1)(v) of
Regulation S-K)."

The Company's former independent registered public accounting firm
was Li and Company, PC, which was censured by the Public Company
Accounting Oversight Board on or about June 14, 2016, and which
firm had its registration revoked.  The Former Accounting Firm's
website is not functional, and the Company believes that the Former
Account Firm is no longer in business.  

                      About UBL Interactive

Headquartered in Charlotte, NC, UBL Interactive Inc. provides a
comprehensive set of online identity management tools and services
to businesses seeking to optimize their presence in location based
search results on web, mobile and social platforms.  These search
results typically are highly structured and include name, address,
phone number and enhanced profile information, as opposed to
excerpts of website information.  The company markets its services
under the product brand name of Universal Business Listing and UBL
and operate in part through the website www.UBL.org.  Its service
provides a cost-effective method for ensuring the distribution and
accuracy of individual business listing data across hundreds of
local web directories, search engines, mobile applications and
other sources of local listings data.  The company's profile
management services allow businesses to take control of profile
pages in leading, highly trafficked, search engines and social
media sites, providing enhanced content about their products and
services.  As part of these services, the company also provides an
expanding range of analytical and monitoring tools to increase its
customer value proposition.  UBL Interactive offers services in the
USA, Canada, The United Kingdom and Australia.

Li and Company, PC, in Skillman, New Jersey, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended Sept. 30, 2014, noting that the
Company had an accumulated deficit at Sept. 30, 2014 and a net loss
for the fiscal year then ended.  These factors raise substantial
doubt about the Company's ability to continue as a going concern.

As of June 30, 2015, UBL Interactive had $1.39 million in total
assets, $9.35 million in total liabilities and a total
stockholders' deficit of $7.95 million.


UNISON ENVIRONMENTAL: Hires Scarborough & Fulton as Counsel
-----------------------------------------------------------
Unison Environmental Service, LLC, seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Tennessee at
Chattanooga to employ David J. Fulton, Esq., and Scarborough &
Fulton as counsel.

Legal services to be rendered by S&F are:

     a. assist Debtor in the preparation of its schedules,
statement of affairs and the periodic financial reports required by
the Bankruptcy Code, the Bankruptcy Rules and any other order of
this Court;

     b. assist Debtor in consultation and negotiation and all other
dealings with creditors, equity, security holders and other parties
in interest concerning the administration of this case;

     c. prepare pleadings, conduct investigations and make court
appearances incidental to the administration of the Debtor's
estate;

     d. advise the Debtor of its rights, duties and obligations
under the Bankruptcy Code, Bankruptcy Rules, Local Rules and orders
of this Court;

     e. assist the Debtor in the development and formulation of a
plan of reorganization including the preparation of a plan,
disclosure statement and any other related documents for submission
to this Court and to Debtor's creditors, equity holders and other
parties in interest;

     f. advise and assist the Debtor with respect to litigation
related to the administration of Debtor's case;

     g. render corporate and other legal advise and performing all
those legal services necessary and proper to the functioning of the
Debtor during the pendency of this case; and

     h. take any and all necessary actions in the interest of the
Debtor and its estate incident to the proper representation of the
Debtor and the administration of this case.

S & F's hourly rates are:

     David J. Fulton     $375
     Legal Assistants    $125

David J. Fulton attests that his firm satisfies the disinterested
person standard as defined in Sec. 101(14) and 1107(b) of the
Bankruptcy Code.

The counsel can be reached through:

     David J. Fulton, Esq.
     SCARBOROUGH & FULTON  
     620 Lindsay St. Ste 240  
     Chattanooga, TN 37403  
     Tel: 423-648-1880  
     Fax: 423-648-1881 (fax)  
     E-mail: djf@sfglegal.com

               About Unison Environmental Service

Unison Environmental Services, LLC, provides waste treatment and
disposal services.  The company's principal assets are located at
6315 12th Ave East Tuscaloosa, AL 35405.

Unison Environmental Services filed a Chapter 11 (Bankr. E.D. Tenn.
Case No. 18-10113) on Jan. 11, 2018.  In the petition signed by
Jefferson Knox Horner, chief manager, the Debtor estimated $1
million to $10 million in total assets and liabilities.  Judge
Shelley D. Rucker presides over the case.  David J. Fulton, Esq.,
at Scarborough & Fulton, is the Debtor's counsel.


VILENO ENVIRONMENTAL: Hires BransonLaw PLLC as Counsel
------------------------------------------------------
Vileno Environmental, LLC, seeks authority from the U.S. Bankruptcy
Court for the Middle District of Florida, Orlando Division, to hire
Jeffrey S. Ainsworth and BransonLaw, PLLC, as its counsel.

Professional services BL is to render are:

     (a) prosecute and defend any causes of action on behalf of the
Debtor; prepare, on behalf of the Debtor, all necessary
applications, motions, reports and other legal papers;

     (b) assist in the formulation of a plan of reorganization and
preparation of disclosure statement;

     (c) provide all other services of a legal nature.  

Legal services will be billed at BL's standard hourly rates of the
respective attorneys and paralegals, which rates range from $400.00
to $100.00.

Jeffrey S. Ainsworth of BransonLaw, PLLC, attests that neither BL
nor any of its attorneys has any other interest, direct or
indirect, which may be affected by the proposed representation.

The counsel 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
      E-mail: jeff@bransonlaw.com

                     About Vileno Environmental

Vileno Environmental, LLC, filed a Chapter 11 petition (Bankr. M.D.
Fla. Case No. 16-07974) on Dec. 26, 2017.  The petition was signed
by Timothy L. Moon, Managing Member.  At the time of filing, the
Debtor estimated at least $50,000 in assets and $100,000 to
$500,000 in liabilities.  The Debtor's counsel is Jeffrey S.
Ainsworth, Esq., at BransonLaw, PLLC, in Orlando, Florida.


WALTER INVESTMENT: Hires Protiviti as Business Consultant
---------------------------------------------------------
Walter Investment Management Corp. asks the Hon. James L. Garrity,
Jr., to give his stamp of approval on the Debtor's request to
employ Protiviti, Inc., as its business consultant.

The Debtor requires Protiviti to perform business consulting
services during the Chapter 11 Case, nunc pro tunc to the Petition
Date, in accordance with the terms and conditions set forth in
Protiviti's master services agreement.

All services that Protiviti will provide to the Debtor will be:

     (a) at the request of the Debtor; and

     (b) appropriately directed by the Debtor to avoid
         duplicative efforts among the other professionals
         retained in the case.

The Debtor anticipates that Protiviti will perform financial and
compliance support services as requested by the Debtor, including,
without limitation, providing internal audit and related services
and evaluating the Debtor's internal controls and business risk
mitigation activities.

Based on the parties' Engagement Letters, Protiviti will provide
these non-exhaustive list of services:

     (A) Sarbanes-Oxley Support Services (Hourly Project)

         * Assist with planning, design, and testing as directed
           by Debtor;

         * Participate and lead, as directed, internal control
           walkthrough activities;

         * Coordinate internal control evaluation activities with
           the Debtor and the external audit team;

         * Provide the Debtor review of controls and coordinate
           approach and documentation standards with Debtor's
           external audit team; and

         * Follow Debtor-directed protocols for areas such as
           selection of controls for testing, selection of
           samples, walkthroughs, evaluation of results and
           documentation of results, and, if requested, reporting
           to Debtor's audit committee.

     (B) Internal Audit Support (Hourly Project)

         * Assist the Debtor's project manager with the annual
           risk assessment and the development of the annual
           internal audit plan.

     (C) HUD Compliance Audit Support (Hourly Project)

         * Provide support for activities associated with the
           Debtor's execution of the 2017 HUD Programs Audit
           Compliance Plan;

         * Assist with design, planning, and testing in the
           scoping document;

         * Provide management review of controls and coordinate
           approach and documentation standards with Debtor's
           external audit team; and

         * Provide project management support which may involve,
           but not be limited to, coordinating meetings, updating
           project plans, and tracking and collecting
           deliverables.

     (D) RMS Curtailment Audit Support (Fixed-Fee Project)

         * Audit the adequacy of the Debtor's Home Equity
           Conversion Mortgage default servicing and curtailment-
           related policies and procedures, compliance monitoring
           activities, and the completeness and accuracy of self-
           identified curtailments; and

         * Evaluate the status of the Debtor's corrective actions
           for claims reviewed through the 2016 remediation
           process in relation to previously-identified HUD
           claims and curtailment-related issues.

The Debtor notes that the firm will be assisting the Debtor in the
ordinary operation of its business affairs rather than to carry out
its statutory duties under the Bankruptcy Code. As such, the Debtor
would have proposed Protiviti as an "ordinary course professional"
in the Debtor's Motion Pursuant to 11 U.S.C. Sections 105(a), 327,
and 330 for Authority to Employ Professionals Used in Ordinary
Course Of Business, but for the fee caps proposed therein and the
notion that non-attorney professionals do not qualify for those
procedures.

Pursuant to the terms and conditions of the Engagement Letters, and
subject to the Court's approval, the Debtor proposes:

     (a) for Hourly Projects, to compensate Protiviti for the
         services set forth in the applicable Engagement Letters
         on an hourly basis in accordance with Protiviti's
         ordinary and customary rates in effect on the date such
         services are rendered, and reimburse actual and
         necessary costs and expenses incurred by Protiviti in
         connection with all services performed on behalf of the
         Debtor; and

     (b) for the Fixed-Fee Project, to compensate Protiviti on an
         all-inclusive fixed-fee basis for the services set forth
         in the applicable Engagement Letter.

Protiviti has not received a retainer from the Debtor.

During the 90 days before the Petition Date, the Debtor paid
Protiviti $1,758,286.30 in accordance with the terms and conditions
of its existing agreements.

The Debtor owes Protiviti approximately $0 in respect of services
provided by Protiviti prior to the Petition Date.

The hourly rates, subject to periodic adjustments, that Protiviti
professionals will charge pursuant to the applicable Engagement
Letters are:

     Billing Category           Hourly Billing Rate
     ----------------           -------------------
     Managing Director                 $350
     Director/Assoc. Director          $275
     Sr. Manager/Manager               $200
     Senior Consultant                 $140
     Consultant                        $120

The hourly rates are Protiviti's hourly rates for the work of its
professionals and staff members for the Hourly Projects set forth
in the applicable Engagement Letters.  These hourly rates reflect
Protiviti's normal and customary billing practices for engagements
of this complexity and magnitude. The Debtor believes these
compensation arrangements are market-based and reasonable
considering Protiviti's vast knowledge and experience.

For the Fixed-Fee Project, which is anticipated to require
approximately 415 hours of professional time (primarily at the
Senior Consultant level), the Debtor will pay Protiviti at a fixed
fee of $64,500, inclusive of any and all out-of-pocket expenses.
The Debtor believes this fixed-fee arrangement is market-based and
reasonable considering the complexity and magnitude of the work
requested, the discrete nature and duration of the project,
Protiviti's vast knowledge and experience, and Protiviti's sole
risk of having underestimated its commitment.

The Debtor also has agreed to certain indemnification obligations.

William Thomas -- William.Thomas@protiviti.com -- a Managing
Director of Protiviti, disclosed that Protiviti is aware that the
Debtor has retained Ernst & Young LLP as auditor and tax advisor,
and is also seeking retention of PricewaterhouseCoopers LLP as tax
consultants, providing services such as review of quarterly and
year-end valuations, advisement regarding federal, state, and local
tax, and assist with matters concerning taxing authorities.

Protiviti is providing distinctly different services as set forth
in the Engagement Letters, and such services are not expected to
duplicate those to be provided by either EY or PwC, or any other
professional retained in this Chapter 11 Case.

Mr. Thomas said the partners and professionals of Protiviti who are
anticipated to provide services pursuant to the Engagement Letters
do not have any material connection with the Debtor, its
affiliates, its significant creditors, or any other significant
party-in-interest, or to the Debtor's attorneys, the U.S. Trustee
or any judge in the United States Bankruptcy Court for the Southern
District of New York with respect to the matters for which
Protiviti is to be employed.

Mr. Thomas also disclosed that his firm Protiviti is a
"disinterested person" within the meaning of section 101(14) of the
Bankruptcy Code, and does not hold or represent an interest adverse
to the Debtor's estates.

                    About Walter Investment

Based in Fort Washington, Pennsylvania and established in 1958,
Walter Investment Management Corp., formerly known as Walter
Investment Management LLC -- http://www.walterinvestment.com/-- is
a diversified mortgage banking firm focused primarily on servicing
and originating residential loans, including reverse loans.  The
company services a wide array of loans across the credit spectrum
for its own portfolio and for GSEs, government agencies,
third-party securitization trusts and other credit owners.  The
company originates and purchases residential loans that it
predominantly sells to GSEs and government entities.

Walter Investment commenced a prepackaged Chapter 11 case (Bankr.
S.D.N.Y. Lead Case No. 17-13446) with a plan of reorganization
where the Company commits to reduce its outstanding corporate debt
by approximately $806 million through a combination of cancellation
of debt ($531 million) and principal pay-downs ($275 million).

As of Sept. 30, 2017, the Debtor had total assets of $14.97 billion
and total debt of $15.21 billion.

The case is assigned to Hon. James L. Garrity Jr.

Weil, Gotshal & Manges LLP, is the Debtor's counsel, with the
engagement led by Sunny Singh, Esq., Ray C. Schrock, P.C., and
Joseph H. Smolinsky, Esq.  The Debtor's investment banker is
Houlihan Lokey Capital, Inc.  The Debtor's restructuring advisor is
Alvarez & Marsal North America, LLC.  The Debtor's claims and
noticing agent is Prime Clerk LLC.

Counsel to an ad hoc group of Consenting Term Lenders:

     Patrick Nash Jr., P.C.
     Gregory Pesce, Esq.
     KIRKLAND & ELLIS LLP
     300 North LaSalle
     Chicago, IL 60654

Counsel to Credit Suisse AG, as administrative agent under the
Amended and Restated Credit Facility Agreement:

     Brian M. Resnick, Esq.
     Michelle McGreal, Esq.
     DAVIS POLK & WARDWELL LLP
     450 Lexington Ave
     New York, NY 10017

Counsel to an ad hoc group of Consenting Senior Noteholders:

     Gregory A. Bray, Esq.
     Haig M. Maghakian, Esq.
     MILBANK, TWEED, HADLEY & MCCLOY LLP
     2029 Century Park East, 33rd Floor
     Los Angeles, CA 90067

          - and -

     Dennis F. Dunne, Esq.
     MILBANK, TWEED, HADLEY & MCCLOY LLP
     28 Liberty Street
     New York, NY 10005

Counsel to Wilmington Savings Fund Society, FSB, a national banking
association, as successor trustee under the Prepetition Senior
Notes Indenture:

     Seth H. Lieberman, Esq.
     Matthew Silverman, Esq.
     Patrick Sibley, Esq.
     PRYOR CASHMAN
     7 Times Square
     New York, NY 10036

Counsel to Wells Fargo Bank, National Association, as trustee under
the Prepetition Convertible Notes Indenture:

     Curtis L. Tuggle, Esq.
     THOMPSON HINE
     335 Madison Avenue, 12th Floor
     New York, NY 10017

Counsel to Credit Suisse First Boston Mortgage Capital LLC, as
administrative agent under the DIP Warehouse Facilities:

     Gerard S. Catalanello, Esq.
     Karen Gelernt, Esq.
     James J. Vincequerra, Esq.
     ALSTON & BIRD LLP
     90 Park Avenue
     New York, NY 10016

Counsel to certain DIP Lenders:

     Sarah M. Ward, Esq.
     Mark A. McDermott, Esq.
     SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
     Four Times Square
     New York, NY 10036

Counsel to Fannie Mae:

     Darren L. Patrick, Esq.
     Steve Warren, Esq.
     O'MELVENY & MYERS LLP
     400 South Hope Street, 18th Floor
     Los Angeles, CA 90071

         - and -

     Jennifer Taylor, Esq.
     O'MELVENY & MYERS LLP
     Two Embarcadero Center, 28th Floor
     San Francisco, CA 94111

Counsel to Freddie Mac:

     Paul D. Moak, Esq.
     MCKOOL SMITH
     600 Travis Street, Suite 7000
     Houston, TX 77002

          - and –

     Kyle A. Lonergan, Esq.
     MCKOOL SMITH
     One Bryant Park, 47th Floor
     New York, NY 10036


WESTINGHOUSE ELECTRIC: Taps PwC as Auditor and Tax Service Provider
-------------------------------------------------------------------
Westinghouse Electric Company LLC, et al., filed a supplemental
application seeking approval from the U.S. Bankruptcy Court for the
Southern District of New York to amend and expand the retention and
employment of PricewaterhouseCoopers LLP as independent auditor and
tax services provider to perform audit services in connection with
Toshiba Nuclear Energy Holdings (US) Inc. and Toshiba Nuclear
Energy Holdings (UK) Ltd.

Services required of PwC are:

     (i) audit the combined financial statements with respect to
the Toshiba Nuclear Energy Holdings (US) Inc. and Toshiba Nuclear
Energy Holdings (UK) Ltd. as of and for the year ending March 31,
2017, and provide the Debtors with the audit report related to
those combined financial statements;

     (ii) communicate with the Debtors' audit committee and
management about any matters that PwC believes may require material
modifications to the financial information to make it conform with
accounting principles
generally accepted in the United States;

     (iii) examine evidence supporting the amounts and disclosures
in the financial statements, assessing accounting principles used
and significant estimates made by management, and evaluating the
overall financial
statement presentation;

     (iv) perform additional accounting services regarding the
Debtors' required financial reporting, including, but not limited
to, disclosures and financial reporting considerations triggered by
events during the audit year, as well as forensic data assistance
regarding the concerns over alleged accounting irregularities and
impacts of possible litigation and regulatory responses on behalf
of the Debtors; and

     (v) perform certain incremental audit and review procedures in
connection with the Debtors' chapter 11 cases, including, but not
limited to, analyzing the Debtors' identification of pre and
postpetition liabilities, reviewing the Debtors' combined financial
statements and reorganization expenses, understanding process
changes of new or modified controls established during the
bankruptcy process, and providing general accounting advice
regarding the adoption of debtor in possession accounting.

Hourly rates PwC will charge are:  

                              Assurance     Tax            
Specialists
                              Low    High    Low    High    Low  
High
Partner                       $ 706  $ 760   $ 812  $ 947   $ 778 $
1,025
Managing Director                 N/A        $ 492  $ 638   $ 639
$ 953
Director / Senior Manager         $ 452         $ 492       $ 561 $
799
Manager                       $ 319  $ 336      $ 386       $ 492
$ 622
Senior Associate              $ 232  $ 248      $ 300       $ 268
$ 512
Associate                     $ 138  $ 171      $ 223       $ 165
$ 446
Intern                            $ 56          $ 86        $ 52  $
125
Executive Assistant               $ 138         $ 160       $ 98  $
134

Sean T. Hoover, partner of the firm of PricewaterhouseCoopers LLP,
attests that PwC is a "disinterested person" within the meaning of
section 101(14) of the Bankruptcy Code.

PwC can be reached through:

     Sean T. Hoover
     PricewaterhouseCoopers LLP
     600 Grant Street
     Pittsburgh, Pennsylvania 15219
     United States of America
     Telephone: (412) 355 6000
     Fax: (412) 355 8089, (412) 391 0609

                                    About Westinghouse Electric

Westinghouse Electric Company LLC --
http://www.westinghousenuclear.com/-- is a U.S.-based nuclear
power company founded in 1999 that provides design work and
start-up help for new nuclear power plants and makes many of the
components.  Westinghouse manufactures and supplies the commercial
fuel products needed to run the plants, and it offers training,
engineering, maintenance, and quality management services.  Almost
50% of nuclear power plants around the world and about 60% of U.S.
plants are based on Westinghouse's technology.  Westinghouse's
world headquarters are located in the Pittsburgh suburb of
Cranberry Township, Pennsylvania.

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March 29,
2017.  The petitions were signed by AlixPartners' Lisa J. Donahue,
the Debtors' chief transition and development officer.

The Debtors disclosed total assets of $4.32 billion and total
liabilities of $9.39 billion as of Feb. 28, 2017.

The Hon. Michael E. Wiles presides over the cases.

Weil, Gotshal & Manges LLP serves as counsel to the Debtors.  The
Debtors hired AlixPartners LLP as financial advisor; PJT Partners
Inc. as investment banker; Kurtzman Carson Consultants LLC as
claims and noticing agent; K&L Gates as special counsel; and KPMG
LLP as tax consultant and accounting and financial reporting
advisor.

Toshiba Nuclear Energy Holdings (UK) Ltd. is represented by Albert
Togut, Esq., Brian F. Moore, Esq., and Kyle J. Ortiz, Esq., at
Togut, Segal & Segal LLP.

On April 7, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Proskauer Rose LLP is
the committee's bankruptcy counsel, and Houlihan Lokey Capital,
Inc., serves as its investment banker.

The Board of Directors of Westinghouse appointed a special panel
called the U.S. AP1000 Committee to oversee the company's
activities related to certain AP1000 nuclear plants located in
Georgia and South Carolina.


WILLIAM FOCAZIO: Seeks to Hire Bederson LLP as Accountant
---------------------------------------------------------
William Focazio, M.D. P.A., asks the U.S. Bankruptcy Court for the
District of New Jersey to employ Timothy J. King, CPA, at Bederson
LLP, as the Debtor's accountant.

Mr. King says he is certified in financial forensics and fraud
examination.

He also says Bederson has the appropriate accounting skills and
personnel needed to perform the accounting services the Debtor
requires.  The firm has previously been employed as accountants for
debtors and has extensive experience and expertise in performing
services of this type.

The Debtor proposes to pay the firm at these hourly rates:

     Partners               $390 to $515
     Managers               $305 to $325
     Senior Accountants         $265
     Semi Sr. Accountants       $240
     Staff Associate            $170
     Para Professionals         $170

Bederson has requested from the Debtor a $2,500 retainer.

Mr. King disclosed that Bederson served as accountants for the
Chapter 7 Trustee of East Brunswick Imaging Associates, any entity
in which Dr. Focazio was a Principal.

Mr. King attests that his firm firm, its members, shareholders,
partners, associates, officers and/or employees do not hold an
adverse interest to the estate; do not represent an adverse
interest to the estate; are disinterested under 11 U.S.C. Sec.
101(14); do not represent or hold any interest adverse to the
debtor or the estate with respect to the matter for which the firm
will be retained under 11 U.S.C. Sec. 327(e).

The firm may be reached at:

     Timothy J. King, CPA
     Bederson LLP
     347 Mt. Pleasant Avenue
     West Orange, NJ 07052

                  About Endo Surgical Center of
                        North Jersey, P.C.

Headquartered in Clifton, New Jersey, William Focazio, MD, PA, Endo
Surgical Center of North Jersey, and Fenner Ave., LLC are privately
held companies that operate in the health care industry
specializing in internal medicine and gastroenterology.

William Focazio, MD, PA and its affiliates Endo Surgical Center of
North Jersey and Fenner Ave., LLC sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D.N.J. Case No. 18-10752,
18-10753 and 18-10755, respectively) on Jan. 13, 2018.  The
petitions were signed by William Focazio, M.D., principal.  At the
time of filing, William Focazio, MD, PA has $1,130,000 in total
assets and $12,830,000 in total liabilities; and Endo Surgical
Center has $1,170,000 in total assets and $16,490,000 in total
liabilities.

Judge Vincent F. Papalia presides over the case.

Trenk DiPasquale Della Fera & Sodono, P.C., is the Debtor's
counsel.


WOODBRIDGE GROUP: Reaches Settlement with Creditors, Investors
--------------------------------------------------------------
Woodbridge Group of Companies, LLC and certain of its affiliates
and subsidiaries (together "the Company" or "Woodbridge") on Jan.
23, 2018, disclosed that, with the guidance of its experienced
transition Board of Managers led by the Honorable James M. Peck,
the Honorable Robert E. Gerber, and Jan Baker, it successfully
reset the Chapter 11 bankruptcy cases by aligning the interests of
major constituencies in a settlement of rigorous litigation.  In a
matter of days, the Board achieved a settlement in principle with
the Creditors Committee, SEC (subject to Commission approval), and
investor groups to establish go-forward governance, a process to
bring additional assets under the protection of the bankruptcy
cases, and organized fiduciary representation for the investors.

"We accomplished our goal. The transition Board volunteered to step
into a troubled situation fraught with litigation and moved with an
urgent sense of purpose to bring calm and stability to the cases,"
said Judge Peck, a member of the Board of Managers.  "We now
believe that Woodbridge is poised to achieve its goals of
maximizing asset values and recoveries to investors."

"Woodbridge needed a firm, measured, and experienced hand to guide
it during transition.  
Mr. Baker, Judge Peck, and Judge Gerber parachuted in, quickly
analyzed the situation, and resolved it," said Samuel A. Newman,
partner at Gibson Dunn & Crutcher LLP and counsel to Woodbridge.
"We sincerely thank them for their efforts and look forward to
working with the sustainable platform they established."

As part of the resolution, the new Board has been appointed and
will consist of a highly qualified group of managers: Richard
Nevins, M. Freddie Reiss, and Michael Goldberg.  "Each manager
brings a skillset uniquely qualifying him to guide Woodbridge
through a fair and transparent restructuring process," said Judge
Gerber.  "We feel good about this achievement."

"The creditors look forward to working with the new board of
managers to map out a path toward maximizing the returns to all the
constituents," said Richard Pachulski, partner at Pachulski Stang
Ziehl & Jones LLP and counsel to the creditors committee.  "The
creditors committee is grateful to retired Judge Gerber, retired
Judge Peck, and Mr. Baker and I feel personally indebted to these 3
fine professionals jumping into a highly contentious situation and
assisting in resolving the contested matters within 72 hours of
their involvement.  Contractors, vendors, employees, and investors
will all benefit from the stability created by this settlement."

Gibson Dunn & Crutcher LLP and Young, Conaway, Stargatt & Taylor,
LLP are serving as legal advisors to Woodbridge.

Pachulski Stang Ziehl & Jones LLP is serving as legal advisors to
the Creditors Committee.

                      About Woodbridge Group

Headquartered in Sherman Oaks, California, The Woodbridge Group
Enterprise -- http://www.woodbridgecompanies.com/-- is a
comprehensive real estate finance and development company.  Its
principal business is buying, improving, and selling high-end
luxury homes.  The Woodbridge Group Enterprise also owns and
operates full-service real estate brokerages, a private investment
company, and real estate lending operations.  The Woodbridge Group
Enterprise and its management team have been in the business of
providing a variety of financial products for more than 35 years,
and have been primarily focused on the luxury home business for the
past five years.  Since its inception, the Woodbridge Group
Enterprise has completed more than $1 billion in financial
transactions.  These transactions involve real estate, note buying
and selling, hard money lending, and alternative financial
transactions involving thousands of investors.

Woodbridge Group of Companies and certain of its affiliates filed
Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.
17-12560) on Dec. 4, 2017.  Woodbridge estimated assets and
liabilities at between $500 million and $1 billion.

Judge Kevin J. Carey presides over the case.

Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq.,
Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey,
Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher,
LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J.
Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway
Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

The Debtors' financial advisors are Larry Perkins, John Farrace,
Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman
at SierraConstellation Partners, LLC.  Beilinson Advisory Group is
serving as independent management to the Debtors.  Garden City
Group, LLC, is the Debtors' claims and noticing agent.

Pachulski Stang Ziehl & Jones is counsel to the Official Committee
of Unsecured Creditors; and FTI Consulting, Inc., serves as its
financial advisor.


[*] Edward Schatz Joins Capstone's Financial Advisory Group
-----------------------------------------------------------
Capstone Headwaters, an investment banking firm, has expanded its
Financial Advisory Services (FAS) Group with the addition of
Managing Director Edward Schatz.  He is based in Boston and will
assist clients in navigating through operating and financial
challenges by providing a variety of corporate restructuring,
transaction advisory, and specialty M&A services.

Mr. Schatz joins the firm from The O'Connor Group, Inc., where he
was a Managing Director focused on providing strategic and
managerial guidance to public and private companies.  Prior to The
O'Connor Group, Ed worked at PricewaterhouseCoopers ("PWC") and
Deloitte & Touche.  With over 20 years of transaction advisory
experience, and industry expertise in retail, manufacturing,
healthcare, high-tech, distribution, and transportation, Mr. Schatz
has been instrumental in the turnaround and restructuring of a wide
range of middle market companies with revenue ranging from $30
million to $300 million.  In addition to turnarounds and
restructurings, he has significant experience in the area of out of
court wind downs, liquidations, bankruptcies, and divestitures of
distressed businesses as well as buy and sell-side advisory
services.

"Ed brings diverse experience that fits perfectly with our growth
strategy plans for our group," said Brian Davies, Head of Capstone
Headwaters FAS group.  "His depth of turnaround and restructuring
expertise will be an immense benefit to our clients and greatly
impact the growth of our firm."

Mr. Schatz earned his BS in Accounting from Roger Williams
University with honors.  He is a Certified Insolvency and
Restructuring Advisor (CIRA) and maintains his Certified Public
Accounting (CPA) certification.

Capstone Headwaters' award-winning FAS Group helps middle market
companies navigate difficult operating and financial environments.
The team is comprised of senior executives with experience to
deploy senior leadership, stabilization and value for clients
rapidly.  The FAS approach is one of partnership: we team with the
relevant stakeholders, develop a plan for stabilizing, maximizing
and realizing value, implement action and help manage results.

                   About Capstone Headwaters

Capstone Headwaters -- http://www.capstoneheadwaters.com/-- is an
elite investment banking firm dedicated to serving the corporate
finance needs of middle market business owners, investors and
creditors.  Capstone Headwaters provides merger & acquisition,
private placement, corporate restructuring and financial advisory
services across 16 industry verticals to meet the lifecycle needs
of emerging enterprises.  Headquartered in Boston, MA and Denver,
CO, Capstone Headwaters has 20 offices in the US, UK and Brazil
with a global reach that includes over 300 professionals in 34
countries.


[*] Joseph Bain Joins Jones Walker's Houston Office as Partner
--------------------------------------------------------------
Jones Walker LLP on Jan. 25 disclosed that Joseph "Joe" Bain has
joined the Business & Commercial Litigation Practice Group as a
partner in the Houston office.

Mr. Bain focuses on bankruptcy, business restructuring, workouts,
and creditors' rights litigation.  He regularly advises clients on
insolvency issues that are specific to the oil, gas, and energy
industries, including recharacterization risks, executory contract
issues, treatment of statutory liens, application of bankruptcy
safe harbors applicable to energy companies, treatment of
utilities, and treatment of plugging and abandonment liabilities.
Mr. Bain also maintains a general commercial litigation practice.

Lara D. Pringle, head of the firm's Texas offices, said, "Joe is a
welcome addition to our expanding team of attorneys in Houston.
His extensive experience in bankruptcy law and knowledge of the
energy industry are assets that will help us better serve our
clients in the region and nationwide."

Mr. Bain is a graduate of Texas A&M University, where he received a
Bachelor of Business Administration, magna cum laude, and earned
his juris doctor degree, cum laude, from George Mason University
School of Law.  While in law school, he served as Articles Editor
of the George Mason Law Review.

                         About Jones Walker

Jones Walker LLP -- http://www.joneswalker.com-- is among the 120
largest law firms in the United States serving local, regional,
national, and international business interests with offices in
Alabama, Arizona, the District of Columbia, Florida, Georgia,
Louisiana, Mississippi, New York, and Texas.  The firm is committed
to providing a comprehensive range of legal services to major
multinational, public and private corporations, Fortune 500
companies, money center banks, worldwide insurers, and emerging
companies doing business in the United States and abroad.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
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Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2018.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***