TCR_Public/180213.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, February 13, 2018, Vol. 22, No. 43

                            Headlines

ACXIOM CORP: Egan-Jones Lowers FC Senior Unsecured Rating to BB+
ADVANCED SOLIDS: Selling Centrifuge and Centrifuge Stands
ALEXANDER ROESER: Proposes Sale of Kirkland Property for $857K
ALLIANCE ONE: CEO Touts Investments for Diversification
ALLIANCE ONE: Posts $88.3 Million Net Income in Third Quarter

ALTA MESA: Moody's Hikes CFR to B2 & Revises Outlook to Stable
AMERICAN AXLE: Egan-Jones Lowers FC Unsec. Debt Rating to BB-
ANTONIO ANABO: Next Level Buying Oakland Rental Property for $810K
APOLLO ENDOSURGERY: Wellington Trust No Longer a Shareholder
APPVION INC: Files Motion for Approval of Stalking Horse Agreement

AYTU BIOSCIENCE: Incurs $3.67 Million Net Loss in Second Quarter
BARNABAS VERES: Proposes Sale of Legg Mason Brokerage Account
BCML HOLDING: Case Summary & 6 Largest Unsecured Creditors
BE MY GUEST: Unsecured Creditors to be Paid 10% Under Latest Plan
BILL BARRETT: Provides Commodity Price and Derivatives Update

BILLNAT CORPORATION: Hires Marcus as Real Estate Broker
BIOSTAGE INC: Liu Agrees to Buy 302K Shares for $1 Million
BISON GLOBAL: Hoskins Buying International Durastar Truck for $61K
BLACKBERRY LTD: Egan-Jones Hikes FC Sr. Unsecured Rating to B+
BLAIR OIL: Trustee Selling Yuma Interests to Omega for $6K

BLUEGREENPISTA: Liquidating Plan to Pay Unsecured Claims in Full
BRANDENBURG FAMILY: Hutchins Buying Fairfield Property for $202K
BRIDGEPORT BIODIESEL: Case Summary & 20 Top Unsecured Creditors
BROOKFIELD RESIDENTIAL: S&P Alters Outlook to Pos. & Affirms B CCR
C & D FRUIT: Case Summary & 20 Largest Unsecured Creditors

CABOT OIL: Egan-Jones Hikes Senior Unsecured Ratings to BB
CHESAPEAKE ENERGY: BlackRock Has 5.7% Equity Stake as of Dec. 31
CHL LLC: Case Summary & 14 Unsecured Creditors
CJ MICHEL: Latest Plan to Pay Unsecured Claims in Full
COLUMBUS MCKINNON: Egan-Jones Lowers Sr. Unsecured Ratings to BB

COMSTOCK RESOURCES: Hodges Reports 8% Stake as of Dec. 31
CRYOPORT INC: Obtains $4.8 Million Proceeds from Warrants Exercise
DALLAS CO. SCHOOLS: Moody's Cuts $708K Amended Notes Rating to C
DAVID'S BRIDAL: Moody's Lowers CFR to Caa3; Outlook Negative
DIAMONDBACK ENERGY: Egan-Jones Hikes Sr. Unsecured Ratings to BB+

DONCASTERS FINANCE: Bank Debt Trades at 3.67% Off
DYNEGY INC: Egan-Jones Hikes LC Unsecured Debt Rating to B+
ECLIPSE BERRY: U.S. Trustee Forms 7-Member Committee
ECLIPSE BERRY: Wants to Complete Transaction with Superior Fruit
EDGEWELL PERSONAL: Egan-Jones Lowers Unsecured Debt Ratings to BB-

ELMIRA CITY: Moody's Lowers LT Issuer and GOLT Ratings to Ba3
EMPIRE RENTALS: Unsecured Creditors' Recovery Increased to 90%
ENDLESS SALES: Unsecured Claims Totals $384K Under Plan
ESCALERA RESOURCES: Selling Marianne Field Assets to Chaco for $40K
FAIRGROUNDS PROPERTIES: BC Buying Hurricane Property for $89K

FUN CITY AMUSEMENTS: Kennedy Buying All Assets for $250K
GEM ACQUISITION: S&P Puts 'B' ICR on Watch Neg on Stone Point Deal
GREEN FIELD: Court Narrows Claims in Trustee Suit vs Moreno, et al.
GREENE TECHNOLOGIES: Plan Outline Okayed, Plan Hearing on March 20
GREGORY APANOWICZ: $185K Sale of Barrackville Property Approved

HANESBRANDS INC: Egan-Jones Lowers Sr. Unsecured Ratings to BB
HELIOS AND MATHESON: All 4 Proposals Approved at Special Meeting
HELIX TCS: Inks Pledge and Security Agreement with BTC
HOLLYWOOD ONE: Frommeryer Buying Aberdeen Condo Unit 105 for $147K
HOLLYWOOD ONE: Nickles Buying Aberdeen Condo Unit 201 for $140K

HOOPER HOLMES: Extends Due Date of $2M SWK Loan to April 30
HOOPER HOLMES: Perritt Capital Has 2.4% Stake as of Dec. 31
HOPE INDUSTRIES: Case Summary & 6 Unsecured Creditors
HUMANIGEN INC: Appoints Dr. Rainer Boehm to Board of Directors
INFINERA CORP: Egan-Jones Hikes FC Sr. Unsecured Rating to BB+

INPIXON: Amends Prospectus on Class A Units Sale
INPIXON: Iliad Research Reports 7.6% Stake as of Feb. 7
ION GEOPHYSICAL: Incurs $30.2 Million Net Loss in 2017
IOWA FERTILIZER: S&P Affirms 'B' Ratings on 2013 & 2016 Sr. Debt
ISOLUX CORSAN: Proposes $150K Sale of All Assets to IBT Group

J. HOWARD RESTAURANT: Case Summary & 13 Unsecured Creditors
JANUS INTERNATIONAL: Moody's Lowers Rating on 1st Lien Loan to B2
JEFFREY BERGER: $825K Sale of Estes Park Property Approved
JERRY BATTEH: Niermann Buying Jacksonville Property for $95K
JOLIVETTE HAULING: Proposes Online Auction of Personal Property

KONA GRILL: Wellington Mgt No Longer a Shareholder as of Dec. 29
KONA GRILL: Wellington Trust Ceases as Shareholder as of Dc. 29
LAYNE CHRISTENSEN: Corre Partners Has 5.3% Stake as of Dec. 31
LIONS GATE: Egan-Jones Hikes Sr. Unsecured Ratings to BB
LOUISVILLE ARENA: Moody's Hikes Revenue Bonds Rating From Ba3

MAHIPAL RAVIPATI: Proposed Auction Sale of Vehicles Approved
MARQUIS DIAGNOSTIC: Case Summary & Largest Unsecured Creditors
MARRONE BIO: Ardsley Advisory Has 14.61% Stake as of Feb. 5
MATTEL INC: Egan-Jones Hikes FC Unsecured Debt Rating to BB
MEG ENERGY: Moody's Hikes Rating on US$750MM 2nd Lien Notes to B3

MESOBLAST LTD: Ends Dec. 31 Quarter With $47.4 Million in Cash
MICHELE MAYER: Proposes $112K Short Sale of Visalia Property
MPM HOLDINGS: Posts $19 Million Net Income in Fourth Quarter
NAKED BRAND: Failure to Hold Annual Meeting Triggers Noncompliance
NATIONAL TRUCK: Yolo Capital Has Valid Security Interests in Trucks

NEWFIELD EXPLORATION: Egan-Jones Hikes Sr. Unsec. Ratings to BB+
NNN 400 CAPITOL: Creditors to Get Full Payment Under the Plan
NUSTAR ENERGY: Moody's Lowers CFR to Ba2; Outlook Negative
OCULAR THERAPEUTIX: Summer Road Has 8.4% Stake as of Jan. 29
ONCOBIOLOGICS INC: Leases Additional Lab & Office Space in NJ

ONE HORIZON: Roc Nation Founder Offers Musical Artists to 123Wish
ORYX SOUTHERN: Moody's Assigns B2 Corporate Family Rating
PADCO ENERGY: Cross Keys Objects to Amended Disclosure Statement
PAYLESS INC: S&P Cuts CCR to 'CCC' on Weak Performance Trends
PHILADELPHIA ENERGY: Moody's Rates $120MM Secured DIP Loans Ba2

PIONEER NURSERY: $125K Private Sale of Personal Property Approved
PREMIER MARINE: Committee Sues ABN Over Midwest Deposit
QUANTUM CORP: Postpones Earnings Call Amid Probe
RADIANT MEDICAL: Case Summary & 20 Largest Unsecured Creditors
RAFAEL RUBIO: Blue Water Buying Ensenada Property for $5 Million

REMINGTON OUTDOOR: BofA, Lenders Amend Loan Agreements
REMINGTON OUTDOOR: Has Chapter 11 Restructuring Deal with Lenders
REMINGTON OUTDOOR: Projected Cash Flow as of Jan. 30
REMINGTON OUTDOOR: Term Loan B Lenders Agree to Forbearance
RESOLUTE ENERGY: Wellington Has 8.1% Stake as of Dec. 29

REX ENERGY: Restructuring Negotiation Process Ongoing
RFI MANAGEMENT: Plan Outline Okayed, Plan Hearing on March 1
ROBAROSA CORP: Plan and Disclosures Hearing Set for March 9
RONALD GOODWIN: Wood Buying Three Sedgwick Parcels for $250K
RONALD MICHAEL: Reselling Stock to First Trust Financial

SALON MEDIA: Reports $696,000 Net Loss for Third Quarter
SANITARY AND IMPROVEMENT: Proposed Plan of Adjustment Filed
SE PROFESSIONALS: Unsecured Creditors to Get 18% Under Plan
SE Y OH: $1.1M Sale of San Clemente Property to Morikawas Approved
SERENITY HOMECARE: PHC Buying QHH Stock for $1 Million

SHIEKH SHOES: Conducting Store Closing Sales at 45 Locations
SOUTHWORTH CO: Proposes March 31 Auction of Turners Falls Assets
STOLLINGS TRUCKING: $21K Sale of Five Vehicles to Brewer Approved
SYNIVERSE HOLDINGS: Moody's Affirms B3 CFR & B2 New Debt Rating
SYNIVERSE HOLDINGS: S&P Gives CCC+ Rating on $220MM 2nd Lien Loan

TADD WHOLESALE: Proposes Auction Sale of Lebanon Inventory
TAKATA CORP: Tort Claimant Committee Objects to Plan Disclosures
TEVA PHARMACEUTICALS: Egan-Jones Lowers Sr. Unsecured Ratings to BB
THINK TRADING: Proposes Auction of SSS's Remaining Inventory
TRACY CLEMENT: Trustee Wants to Enter Into Lease With Meadow

TRACY JOHN CLEMENT: Trustee Selling Absolute's Membership Units
VICTORY CAPITAL: Moody's Hikes CFR to Ba3 After Completion of IPO
VINCE'S BLACK: $375K Sale of All Assets to GRJ Approved
WALTER INVESTMENT: Exits Ch.11 Under Name of Ditech Holding
WHAA LLC: Joel's Automotive Buying Montclair Property for $844K

WHITING PETROLEUM: Egan-Jones Hikes Sr. Unsec. Ratings to B+
WILD CALLING: $25K Sale of All Assets to Great Life Approved
WOODBRIDGE GROUP: Centershot Selling Los Angeles Property for $1.5M
WORCESTER RE: Plan Outline Okayed, Plan Hearing on March 29
WPX ENERGY: Egan-Jones Hikes Senior Unsecured Ratings to B

XEROX CORP: Egan-Jones Hikes FC Sr. Unsecured Ratings to BB+
ZEST HOLDINGS: Moody's Puts B3 CFR on Review Direction Uncertain
[*] Robert J. Frezza Joins Ankura as Senior Managing Director
[^] Large Companies with Insolvent Balance Sheet

                            *********

ACXIOM CORP: Egan-Jones Lowers FC Senior Unsecured Rating to BB+
----------------------------------------------------------------
Egan-Jones Ratings Company, on January 11, 2018, downgraded the
foreign currency senior unsecured rating on debt issued by Acxiom
Corp to BB+ from BBB-.

Based in Conway, Arkansas, Acxiom Corporation operates as a
technology and enablement services company in the United States,
Europe, the Asia-Pacific, and internationally.


ADVANCED SOLIDS: Selling Centrifuge and Centrifuge Stands
---------------------------------------------------------
Advanced Solids Control, LLC asks the U.S. Bankruptcy Court for the
Western District of Texas to authorize the sale of (i) one
centrifuge stand for the cash sales price in the amount of $1,500
to International Sales, Inc.; and (ii) 10 centrifuge stands at the
minimum price of $1,000 each to any non-related third party.

The sales prices proposed for the items set forth approximate the
market value of the items proposed to be sold.  The sales are as
is, where is, and free and clear of all liens, claims and
encumbrances.  The Buyer has previously purchased equipment from
the Debtor pursuant to Court approved sales.  Both the Buyer and
any non-related third party are good forth purchasers as described
in the Bankruptcy Code.

All items proposed to be sold are pledged as collateral to WTF
Rentals, LLC.  WTF Rentals filed its secured Proof of Claim No. 26
in the amount of $3,263,549 on April 10, 2017, with the appropriate
security documents supporting its secured claim attached to the
Proof of Claim.  The amount owing to WTF Rentals has been reduced
significantly during the case.

An appraisal of the equipment was performed for WTF Rentals which
supports the proposed sales prices set forth.  Much of the
equipment needs repairs/refurbishment to bring it into working
condition.  The proceeds from the sale are to be paid to WTF
Rentals as a partial payment on its secured claim.

                   About Advanced Solids Control

Advanced Solids Control, LLC, is an oilfield service company
specializing in solids control for land-based oil and gas drilling
operations.  

Advanced Solids sought Chapter 11 protection (Bankr. W.D. Tex. Case
No. 16-52748) on Dec. 2, 2016.  In the petition signed by W. Lynn
Frazier, managing member, the Debtor estimated assets of less than
$50,000 and liabilities of less than $1 million.

William R. Davis, Jr., Esq., at Langley & Banack, Inc., serves as
bankruptcy counsel to the Debtor.  Pena and Grillo PLLC is special
counsel to the Debtor.


ALEXANDER ROESER: Proposes Sale of Kirkland Property for $857K
--------------------------------------------------------------
Alexander S. Roeser asks the U.S. Bankruptcy Court for the Middle
District of Florida to authorize the sale of the real property
located at 11207 NE 106th Place, Kirkland, Washington, and more
particularly described as Lot 17, Juanita View North, according to
the Plat thereof, recorded in Volume 152 of Plats, Page(s) 77
through 79, in King County, Washington, Parcel ID No.
376450-0170-03, to Pengchuan Zhang and Suiqing Bao for $857,000.

A major asset of the bankruptcy estate consists of the Debtor's
Real Property.  The tax assessed value of the Real Property is
$652,000.

These creditors may hold liens on the Subject Property:

     a. Select Portfolio Servicing, Inc., as Attorney in Fact for
The Bank of New York Mellon Trust Co., NA, et.al. - 1st Position
Mortgage in the amount of $614,902

     b. PNC Bank - 2nd Position Mortgage in the amount of $95,845

     c. Highlands Point - HOA (Estimated) in the amount of $1,800

     d. King County Tax Collector - 2018 Taxes in the estimated
amount of $5,972

There are no known liens on the Subject Property other than to
these creditors.

On Jan. 31, 2018, the Purchasers executed a Residential Real Estate
Purchase and Sale Agreement to purchase the Subject Property for
the sum of $857,000, free and clear of all liens and encumbrances,
with valid and enforceable liens attaching to the proceeds of the
sale.  

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

    http://bankrupt.com/misc/Alexander_Roeser_143_Sales.pdf

The proposed sale is on fair and equitable terms and is in the best
interest of the bankruptcy estate and its creditors.  All secured
creditors will be paid in full from the proceeds of the sale of the
Subject Property.

Pursuant to the Court's Order Authorizing Employment of Real Estate
Broker, the Debtor engaged Windermere Real Estate/East, Inc. to
list the Subject Property for sale.  In the Broker Order, the Court
also authorized the Debtor to pay the Broker a commission of 5%
from the sale of the Real Property.  The Broker has incurred
additional expenses of $1,475 to get the Subject Property into a
marketable condition.  These expenses include reconnecting
utilities and having the Subject Property professionally cleaned.

The Debtor asks authority to pay the Broker its commission and
reimburse it for its actual expenses at the closing of the sale of
the Subject Property.  He also asks authority to pay the normal and
customary expenses attributed to a seller of real property at the
closing of the Subject Property.

Finally, the Debtor asks that the Court waives the 14-day stay
required under Bankruptcy Rule 6004(h) and that any order on the
instant motion be effective upon entry.

The Purchasers:

          Pengchuan Zhang and Suiqing Bao
          Telephone: (626) 429-8240
          E-mail: penzhan@microsoft.com

Alexander S. Roeser sought Chapter 11 protection (Bankr. M.D. Fla.
Case No. 17-03910) on May 5, 2017.  The Debtor tapped Buddy D.
Ford, Esq., at Buddy D. Ford, P.A. as counsel.  On Aug. 31, 2017,
the Court appointed Keller Williams South Tampa as the Debtor's
Broker.


ALLIANCE ONE: CEO Touts Investments for Diversification
-------------------------------------------------------
Alliance One International, Inc.'s chief executive officer issued a
letter addressed to the Company's shareholders on Feb. 8, 2018.  A
full-text copy of the Letter is as follows:

Dear Shareholders,

With this letter, we share with you what may be one of the most
important developments for our company since the formation of
Alliance One International, 13 years ago.

Honor our past as we proudly pursue our future.  This is one of the
many mantras we live by here at Alliance One.  Over the past year,
we have spent a lot of time defining what we stand for through the
lens of our people.  Today these words are especially important to
us.  We started as a group of ambitious people who came together to
create significant impact among international leaf merchants.

Today, Alliance One does so much more than grow and package tobacco
leaves.  We are an agricultural company who puts the farmer at the
heart of everything we do.  We are a community of people who have
the courage to lead, who commit to and support each other, and who
promote and protect quality outcomes.

At Alliance One, we believe everything we do is to transform
people's lives so that together we can grow a better world.  We are
clear that our collective purpose will be at the forefront of
change -- with each next move well-measured, intentional and
dependent upon one another.

In our third quarter earnings release posted today, you will see
exciting new investments made to diversify our lines of products
and services.  These investments are part of our 'One Tomorrow'
transformation campaign and will require sustained momentum and
continued diligence.  As we move to the future, we plan to build on
our core competencies and add new capabilities that fit cohesively
into our value-added business model.

The balance for any company is to invest in tomorrow, while
delivering results today.  With this in mind, we have an intense
focus on running the company well.  Our desire to provide customers
with a consistent quality product and maintain our position at the
forefront of emerging trends, drives us to innovate on their
behalf.  Innovation and scaling our services are equally essential
to Alliance One's success.

It is a great responsibility to know that there are people around
the globe depending on us to be successful in our execution.  We
expect there will be lessons learned along the way and we are
committed to being open and transparent with all of you.  I'd like
to thank you, our shareholders, for giving us your trust and the
fuel to drive forward on this journey.

Sincerely,

/s/ Pieter Sikkel                                                 

Pieter Sikkel

President and Chief Executive Officer

                       About Alliance One

Morrisville, N.C.-based Alliance One International Inc. is
principally engaged in purchasing, processing, storing, and selling
leaf tobacco.  The Company purchases tobacco primarily in the
United States, Africa, Europe, South America and Asia for sale to
customers primarily in the United States, Europe and Asia.

Alliance One reported a net loss attributable to the Company of
$62.92 million for the year ended March 31, 2017, compared to net
income attributable to the Company of $65.53 million for the year
ended March 31, 2016.  

                          *     *     *

In September 2016, Moody's Investors Service upgraded Alliance
One's Corporate Family Rating (CFR) to 'Caa1' from 'Caa2' and
Probability of Default Rating to 'Caa1-PD' from 'Caa2-PD'.  The
Corporate Family Rating upgrade to Caa1 reflects Moody's somewhat
diminished concerns about Alliance One's liquidity, Moody's said.

In June 2017, S&P Global Ratings affirmed its 'CCC+' corporate
credit rating on Alliance One.  The rating outlook is negative.
The rating affirmation reflects S&P's forecast that the Company's
credit metrics will show modest improvement but remain very weak
over the next year, including adjusted debt to EBITDA in the mid-9x
area (compared to over 12x currently) and EBITDA to cash interest
coverage below 1.5x.  Despite S&P's forecast for modest
improvement, the company has missed its estimates over the last
several years.


ALLIANCE ONE: Posts $88.3 Million Net Income in Third Quarter
-------------------------------------------------------------
Alliance One International, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q reporting net
income of $88.32 million on $477.78 million of sales and other
operating revenues for the three months ended Dec. 31, 2017,
compared to a net loss of $15.59 million on $454.53 million of
sales and other operating revenues for the three months ended
Dec. 31, 2016.

For the nine months ended Dec. 31, 2017, the Company reported net
income of $56.64 million on $1.20 billion of sales and other
operating revenues compared to a net loss of $62.74 million on
$1.10 billion of sales and other operating revenues for the same
period a year ago.

The Company's balance sheet at Dec. 31, 2017, showed $2.05 billion
in total assets, $1.78 billion in total liabilities and $272.72
million in total stockholders' equity.

Pieter Sikkel, president and chief executive officer said, "Fiscal
year 2018 continues to progress in line with our expectations.  We
achieved solid sales growth during the third quarter when compared
to last year.  Our volume sold has increased, as crop sizes have
returned to more normal levels in many key markets despite reduced
crop sizes in Africa.  We are pleased with this quarter's results
and with the continued progress against our key initiatives and
strategic objectives.

"I am excited to announce that Alliance One has embarked on an
ambitious transformation plan called 'One Tomorrow.'  This
initiative will drive future growth opportunities and reshape our
brand as the trusted provider of responsibly produced,
independently verified, sustainable, and traceable agricultural
products and services.  As part of our 'One Tomorrow' long-term
business strategy, we are actively developing new business lines
and building upon the strength of our core operations.

"As we move forward with our 'One Tomorrow' initiative, Alliance
One will do much more than just package and sell tobacco leaves. We
are pursuing a larger purpose-driven brand vision with the goal of
transforming people's lives so that together we can grow a better
world.  We are an agricultural company where the farmer is at the
heart of everything we do.  As we move to the future, we will build
upon our core competencies, take measured steps to expand into
promising new sectors that grow our lines of business, and add new
capabilities that fit cohesively into our value-added business
model.

"This quarter's financial performance highlights both the
successful launch of new product lines as well as our proactive
efforts to meet the needs of our leaf business.

Compelling Market Opportunities

"Most of our new business lines focus on products that are
value-added or require some degree of processing.  These products
generally have higher margin potential than our core business and
play well to our strengths.  In January, we successfully acquired
majority stakes in two new joint ventures.  The extension into
growth segments, namely e-liquids, industrial hemp and cannabis,
expands Alliance One's presence in higher margin, fast-growing
categories.  We intend to broaden our business portfolio over the
next three to four years by focusing on consumer-driven
agricultural products, with increased operating margins when
compared to our historical leaf processing business.  Consistent
with our commitment to growth and incremental to our core leaf
earnings, our goal is to generate a significantly increasing
portion of our profit from new, higher-margin businesses by 2020.

E-Liquids

"In 2014 Alliance One saw an opportunity to apply the institutional
knowledge of our core business when we started Purilum, LLC as a
joint venture between IOTO E-Liquids America LLC and our
subsidiary, AOSP Investments, LLC ("AOSPI").  This investment in a
new and growing industry line represented the start of our journey
into a new future.

"Purilum sets the standard for excellence in flavor development,
product quality and compliance -- with current good manufacturing
practices.  Each ingredient used in its e-liquids and flavors is
subjected to an extensive review in order to maintain Purilum’s
position at the forefront of emerging trends.  This includes the
testing and evaluation of ingredients for flavors and e-liquids.
Ingredients include traceability from raw materials to finished
product, with batch labeling and quality verification.  These
industry-leading standards give Purilum the ability to consistently
meet the quality and capacity demands of its customers.

"In August 2017, AOSPI made a 40% equity investment in Nicotine
River, LLC.  This new joint venture has enhanced Purilum's revenue
and profitability growth, and Purilum's business is anticipated to
further expand as it utilizes its flavor expertise to support
product offerings for our new hemp and cannabis businesses.

Industrial Hemp

"In December 2017, our subsidiary Pure-Ag NC, LLC, acquired a 40%
equity position in North Carolina-based Criticality, LLC
("Criticality"), with triggers that allow for consolidation up to
50% on or after March 31, 2020.  Criticality utilizes the strength
of our farmer network to grow industrial hemp in North Carolina
under the state's pilot program, which is then used for cannabidiol
hemp oil ("CBD") extraction in Criticality's facility in North
Carolina.  Our five year goal is to become a leader in CBD
production and consumer products.

Cannabis

"In January 2018, our wholly owned indirect subsidiary, Canadian
Cultivated Products, Ltd. acquired a 75% equity position in
Canada's Island Garden Inc. ("CIG") and an 80% stake in Goldleaf
Pharm Inc. ("Goldleaf").

"CIG is one of only 35 companies fully licensed to produce and sell
medicinal cannabis under the Access to Cannabis for Medical
Purposes Regulations in Canada ("ACMPR"), and has a 20,000 square
foot indoor growing facility in Charlottetown, Prince Edward
Island.  Plans are underway to expand the current facilities by an
additional 250,000 square feet of greenhouse capacity at their
current site.  Currently CIG sells products direct to patients and
through distributors.  In January, CIG signed a Memorandum of
Understanding with the Province of Prince Edward Island to be one
of three suppliers chosen to supply the recreational cannabis
market that is expected to open in the summer 2018.

"Goldleaf is a late-stage applicant under the ACMPR for required
licensing to produce and sell medicinal cannabis in Ontario, Canada
and is currently completing construction of a 20,000 square foot
indoor growing facility with further expansion planned for an
additional 710,000 square feet of production over a three year
period.

"The combined Canadian cannabis acquisitions are anticipated,
subject to regulatory approvals, to have approximately 1 million
square feet of production space within a three year period and with
the opportunity to become a truly international cannabis company --
expanding into international markets as anticipated legalization of
medicinal and recreational cannabis use progresses around the
world.  These acquisitions will integrate and further advance
Purilum's flavor expertise as edibles and vaping products become
permitted under applicable law.

Continued Focus on the Core Business

"Included within our 'One Tomorrow' transformation initiative is a
continued focus on our core business.  We recognize that building
upon our core business requires us to remain focused on delivering
high-quality products and services to our core tobacco customers.
Additionally, our contracted farmer base remains a priority for us,
often producing a significant volume of non-tobacco crops utilizing
the inputs and agronomic expertise that our team provides.
Alliance One is working to find markets for these crops as part of
our ongoing efforts to improve farmer livelihoods.    

"Our fiscal year forecast is in line with our expectations. Through
the first nine months of the fiscal year, volume increased 1.7%
driven mostly by South America and Asia, and partially offset by
smaller, lower-quality African crops.  Excluding Africa, global
market conditions have been positive and weather patterns good,
supporting better growing conditions.  The heavy North American
hurricane season did not materially affect our contracted
flue-cured crop and qualities are generally good.  Additionally, we
anticipate that, in the fourth quarter, we will catch up with
delayed shipments, which resulted from a prolonged shortage of
containers in South America and China.

"Compared to the prior year, total sales increased $97.0 million or
8.8% to $1,202.1 million attributable to a 7.5% increase in average
sales price due to product mix primarily in South America, North
America, Asia and Europe.  Current year revenues increased by 8.8%
with total costs of goods and services sold increasing by 7.9%
which improved gross profit by 14.7% to $171.5 million, and gross
profit as a percentage of sales from 13.5% in the prior year to
14.3% in the current year.

"Current year sales included a higher ratio of lamina to byproducts
than in the prior year.  Average tobacco costs per kilo increased
8.9% predominantly from product mix, although they were offset
favorably by lower conversion costs from the larger current South
America crop.  The larger South America crop size this year was the
primary driver of processing and other revenues increasing 2.1%,
with processing costs decreasing 10.1% from lower conversion
costs.

"We are pleased to report that operating income increased by 50.7%
to $78.1 million when compared to the prior year.  In addition to a
stronger third quarter compared to the prior year, our fiscal year
2018 forecast remains unchanged with sales in a range of
$1,900.0-$2,000.0 million and Adjusted EBITDA in a range of
$165.0-$185.0 million.  By fiscal year-end, we also expect good
improvement in our net leverage ratio, defined as total debt minus
cash divided by Adjusted EBITDA.  Our goal remains to purchase
$25.0-$50.0 million per year of our more expensive debt.

"We will continue to enhance our sustainability and track and trace
capabilities.  Sustainability is core to everything we do and
central to our value proposition with customers and suppliers. From
the field, to our factories, to our products, to our customers'
products, every action we take is centered on the future with
emphasis on continuous improvement.  Our focus on sustainability
began many years ago, because it made sense for our business.  Only
recently has regulation started to catch-up to standards we
established for ourselves, in labor and environmental impact, as
well as the ability to track and trace crops through the supply
chain."

Mr. Sikkel, concluded, "Future prospects for our business are
bright. We are taking measured steps to strengthen our preferred
supplier role with customers, further developing our position as a
key supplier for both traditional requirements as well as next
generation products.  Looking forward, we have begun to transform
the company by diversifying our earnings stream through new
businesses that are complementary to and help support each other by
building on our core capabilities, institutional knowledge,
operational expertise and corporate values.  By developing a team
for the future, creating an innovation-driven culture, and
strengthening the balance sheet -- we plan to redeploy invested
capital with a goal of achieving net income growth over the next
four years.  These actions reflect our ongoing commitment to
providing high-quality products while meeting evolving customer and
consumer preferences.  Our transformation strategy is anticipated
to substantially improve the earnings potential and competitiveness
of our company.  We are excited about developing and maximizing
future opportunities to drive enhanced shareholder value."

                   Liquidity and Capital Resources

As of Dec. 31, 2017, available credit lines and cash were $543.8
million, comprised of $209.5 million in cash and $334.3 million of
credit lines, consisting of $60.0 million available under the U.S.
ABL facility for general corporate purposes (subject to limitations
on borrowing if unrestricted cash and cash equivalents exceed
$180.0 million), $268.4 million of notes payable to banks and $5.9
million of availability exclusively for letters of credit.  In the
future, the Company may elect to redeem, repay, make open market
purchases, retire or cancel indebtedness prior to stated maturity
under its various global bank facilities and outstanding public
notes, as they may permit.

                            Outlook
    
"We are excited to announce that Alliance One has embarked on an
ambitious transformation plan called "One Tomorrow."  This
initiative will drive future growth opportunities and reshape our
brand as the trusted provider of responsibly produced,
independently verified, sustainable, and traceable agricultural
products and services.  As part of our "One Tomorrow" long-term
business strategy, we are actively developing new business lines
and building upon the strength of our core operations.  Most of our
new business lines focus on products that are value-added or
require some degree of processing.  These products generally have
higher margin potential than our core business and play well to our
strengths.  In January, we successfully acquired majority stakes in
two new joint ventures.  This extension into high growth segments,
namely e-liquids, industrial hemp and cannabis, expands Alliance
One's presence in higher margin, fast-growing categories. We intend
to broaden our business portfolio over the next three to four years
by focusing on consumer-driven agricultural products, with
increased operating margins when compared to our historical leaf
processing business.  Consistent with our commitment to high growth
and incremental to our core leaf earnings, our goal is to generate
a significantly increasing portion of our profit from new,
higher-margin businesses by 2020.  Included within our "One
Tomorrow" transformation initiative is a continued focus on our
core business.  We recognize that building upon our core business
requires us to remain focused on delivering high quality products
and services to our core tobacco customers.  Additionally, our
contracted farmer base remains a priority for us, often producing a
significant volume of non-tobacco crops utilizing the inputs and
agronomic expertise that our team provides.  Alliance One is
working to find markets for these crops as part of our ongoing
efforts to improve farmer livelihoods.

"Future prospects for our business are bright.  We are taking
measured steps to strengthen our preferred supplier role with
customers, further developing our position as a key supplier for
both traditional requirements as well as next generation reduced
risk products.  Looking forward, we have begun to transform the
company by diversifying our earnings stream through new businesses
that are complementary to and help support each other by building
on our core capabilities, institutional knowledge, operational
expertise and corporate values.  By developing a team for the
future, creating an innovation-driven culture, and strengthening
the balance sheet -- we plan to redeploy invested capital with a
goal of achieving net income growth over the next four years,
ultimately improving shareholder value.  These actions reflect our
ongoing commitment to providing high-quality products while meeting
evolving customer and consumer preferences.  We are excited about
developing and maximizing future opportunities to drive enhanced
shareholder value."

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

                      https://is.gd/F09Vwb

                       About Alliance One

Morrisville, N.C.-based Alliance One International Inc. is
principally engaged in purchasing, processing, storing, and selling
leaf tobacco.  The Company purchases tobacco primarily in the
United States, Africa, Europe, South America and Asia for sale to
customers primarily in the United States, Europe and Asia.

Alliance One reported a net loss attributable to the Company of
$62.92 million for the year ended March 31, 2017, compared to net
income attributable to the Company of $65.53 million for the year
ended March 31, 2016.  

                          *     *     *

In September 2016, Moody's Investors Service upgraded Alliance
One's Corporate Family Rating (CFR) to 'Caa1' from 'Caa2' and
Probability of Default Rating to 'Caa1-PD' from 'Caa2-PD'.  The
Corporate Family Rating upgrade to Caa1 reflects Moody's somewhat
diminished concerns about Alliance One's liquidity, Moody's said.

In June 2017, S&P Global Ratings affirmed its 'CCC+' corporate
credit rating on Alliance One.  The rating outlook is negative.
The rating affirmation reflects S&P's forecast that the Company's
credit metrics will show modest improvement but remain very weak
over the next year, including adjusted debt to EBITDA in the mid-9x
area (compared to over 12x currently) and EBITDA to cash interest
coverage below 1.5x.  Despite S&P's forecast for modest
improvement, the company has missed its estimates over the last
several years.


ALTA MESA: Moody's Hikes CFR to B2 & Revises Outlook to Stable
--------------------------------------------------------------
Moody's Investors Service upgraded Alta Mesa Holdings, LP's
Corporate Family Rating (CFR) to B2 from B3, Probability of Default
Rating (PDR) to B2-PD from B3-PD, senior unsecured notes to B3 from
Caa1 and Speculative Grade Liquidity Rating to SGL-2 from SGL-3.
The rating outlook was revised to stable.

This concludes Moody's review for upgrade that was initiated on
August 17, 2017 following the company's announcement to merge with
Silver Run Acquisition Corporation II (SLRU, a public company) and
Kingfisher Midstream, LLC (Kingfisher, a private midstream
partnership). The merger closed on February 9, 2018.

"This transformative transaction will enable Alta Mesa to
significantly accelerate its development efforts in the STACK play,
lower midstream gathering, processing and transportation costs, and
gain broader access to capital markets," said Sajjad Alam, Moody's
Senior Analyst. "Large cash contribution from new owners has
facilitated debt reduction and augmented liquidity to comfortably
fund the 2018 capital program."

Issuer: Alta Mesa Holdings, LP

Ratings Upgraded:

-- Corporate Family Rating, Upgraded to B2 from B3

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

-- $500 million Senior Unsecured Notes due 2024, Upgraded to B3
    (LGD4) from Caa1 (LGD4)

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

Outlook action:

-- Change to Stable from Ratings Under Review

RATINGS RATIONALE

Pursuant to the merger agreement, Alta Mesa contributed its
upstream STACK assets, and Kingfisher contributed its gathering,
processing and storage assets, and merged with SLRU, and was
collectively renamed Alta Mesa Resources, Inc.(AMR), which will
begin trading under the ticker symbol AMR beginning February 12,
2018. Alta Mesa's prior owners and management will retain a 33%
interest in AMR and continue to have significant influence over
AMR's strategic direction and governance by transitioning into
senior management roles at AMR and by representing five of the
eleven Board seats of the merged company.

Alta Mesa Holdings, LP, the issuer of the $500 million 2024 notes,
will become an indirect wholly-owned subsidiary of AMR and own Alta
Mesa's upstream STACK assets, roughly 130,000 net acres in eastern
Kingfisher County, Oklahoma. The senior notes will be backed by
these STACK assets only, and will not have any guarantee from the
parent company (AMR) or Kingfisher. Alta Mesa will continue to
produce audited financial statements and file with the US
Securities and Exchange Commission.

In addition to the notes, Alta Mesa has a $350 million secured
borrowing base revolving credit facility with a priority-claim to
substantially all of Alta Mesa's oil and gas properties. The
revolver has a downstream guarantee from AMR. Given the contractual
subordination to the credit facility, the notes are rated B3, one
notch below the B2 CFR, under Moody's Loss Given Default
Methodology.

Alta Mesa's B2 CFR reflects its small but growing production and
proved developed (PD) reserve base and its concentrated land
position in the Oklahoma STACK play. Alta Mesa benefits from its
increasingly oil-weighted production, relatively low break-even
costs and substantially expanded resource base. The company has
identified more than four thousand economic gross drilling
locations, and plans to drill over 200 horizontal wells using a
10-11 rig program in 2018 significantly boosting production and
cash flow. Given management's desire to accelerate capital spending
in a stronger oil market, Moody's expect larger negative free cash
and some cost inflation in 2018 relative to 2017. The company has
repaid its revolver debt using merger related cash proceeds, and
the B2 CFR assumes the company will adjust the pace of capital
spending based on commodity price conditions and gradually move
towards break-even cash flow in 2019.

Alta Mesa should have good liquidity despite significant planned
outspending in 2018, which is reflected in the SGL-2 rating. In
connection with the merger transaction, Alta Mesa received $200
million of cash in 2017, which was used to reduce borrowings under
the company's revolver. The company received additional cash at
closing, and had roughly $340 million of balance sheet cash as of
February 9, 2018. Concurrent with the merger closing, the revolver
borrowing base was upsized to $350 million and the maturity date
was extended to February 2023. The company should be able to fund
its negative free cash flow using its substantial cash balance and
remain well in compliance with its credit facility financial
covenants through early 2019.

The rating outlook is stable. An upgrade could be considered if the
company can consistently exhibit organic production and PD reserves
growth, generate break-even free cash flow and increase production
near 50,000 boe/day. The ratings could be downgraded if the company
is unable to substantially achieve its production growth targets or
reduce negative free cash flow over time. A downgrade is also
likely if the RCF/debt ratio falls below 20%.

Alta Mesa Holdings, LP is an exploration and production company and
wholly-owned by Alta Mesa Resource, Inc., a Houston, Texas based
public company.

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


AMERICAN AXLE: Egan-Jones Lowers FC Unsec. Debt Rating to BB-
-------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 10, 2018, downgraded the
foreign currency senior unsecured rating on debt issued by American
Axle & Manufacturing Holdings, Inc. to BB- from BB.

Based in Detroit, Michigan, American Axle & Manufacturing Holdings,
Inc., together with its subsidiaries, designs, engineers,
validates, and manufactures driveline and drivetrain systems, and
related components and chassis modules for the automotive industry
in the United States, Canada, Mexico, South America, Asia, Europe,
and internationally.


ANTONIO ANABO: Next Level Buying Oakland Rental Property for $810K
------------------------------------------------------------------
Antonio H. Anabo asks the U.S. Bankruptcy Court for the Northern
District of California to authorize the sale of the rental property
located at 462 37th Street, Oakland, California to Next Level
Architecture, LLC for $810,000, subject to overbid at the hearing.

A hearing on the Motion is set for Feb. 22, 2018 at 10:00 a.m.

Prior to making the decision to file bankruptcy, the Debtor took
numerous steps to maintain his rental properties, including
negotiating with secured creditor for loan modification but were
unsuccessful.  He decided it is in the best interest of the estate,
given the equity in the Property, to sell it and use the sale
proceeds to fund his Plan of Reorganization which will pay off all
the arrears he has incurred.  

The Property is currently encumbered by a lien held by Wells Fargo
Home Mortgage with the current principal balance of $512,000.

On Jan. 19, 2018, the Debtor accepted an offer to purchase the
Property by the Buyer.  They entered into the California
Residential Purchase Agreement and Joint Escrow Instruction.

The principal terms of Agreement are:

     a. The purchase price is $810,000, free and clear of liens or
other interests and free and clear of any tenancy, except as
described.

     b. The Buyer has made a deposit of $10,000 into escrow upon
execution of the Agreement.

     c. The loan to Wells Fargo Home Mortgage will be paid in the
full amount of $512,000 plus accrued interest on the closing date.

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

     e. Escrow is to close 60 days or less upon acceptance and
subject to Court approval.

The proposed sale will pay out the first and only lien holder,
Wells Fargo Home Mortgage will be paid in full, from the proceeds
of the sale, in the amount of $512,000 plus accrued interest on the
closing date.  The remaining proceeds from the sale will be used to
fund the Debtor's Chapter 11 Plan of Reorganization.

The Debtor listed the Property for sale with Cielo Fuentes.  Since
that time the agent has listed the Property on the Multiple Listing
Service ("MLS") and has shown the property for the last couple of
months.

The Debtor proposes these overbidding procedures:

     a. The initial overbid must be at least $10,000 more than the
initial offer of $810,000.  The overbid must be on substantially
the same terms as set forth in the Purchase Agreement.

     b. Overbid increments will be $10,000 after the initial
overbid.

     c. Any successful overbidder must be able to close by the
Proposed Closing Date, or upon the Court's approval, whichever is
later.

     d. Any party wishing to overbid on the Property during the
hearing on the Motion must contact the Debtor's counsel at least 48
hours prior to the hearing and provide evidence of available
financial resources such as funds and/or proof of ability to
finance the Debtor's counsel up to the overbidder's maximum bid to
the Debtor's reasonable satisfaction.

     e. Any overbidder wishing to overbid on the Property during
the hearing must also submit, before the time of the hearing, a
deposit for the purchase of the Property, by cashier's check or
other cash equivalent in the amount of at least $10,000 made
payable to Tang & Associates Client Trust Account.  The successful
overbidder’s deposit will be applied towards the purchase of the
Property, and will not be refunded in the event the overbidder
cannot successfully close escrow, pursuant to the terms of the sale
as proscribed.

     f. If a broker brings a prospective bidder who is ultimately
the successful bidder and to whom the sale is approved, the broker
will share in the commission on the terms set forth in the
Agreement.

The Debtor has evaluated the offer on the Property and believes the
price is reasonable given market values and asks to apply the
proceeds of the sale to pay the lien holder on the Property.

The Creditor:

          WELLS FARGO HOME MORTGAGE
          8480 Stagecoach Cir
          rederick, MD 21701

Counsel for the Debtor:

          Kevin Tang, Esq.
          TANG & ASSOCIATES
          601 S. Figueroa Street, Suite 4050
          Los Angeles, CAa 90017
          Telephone: (213) 300-4525
          Facsimile: (213) 403-5545
          E-mail: tangkevin911@gmail.com

                      About Antonio H. Anabo

Antonio H. Anabo is a married man resident of the State of
California, Alameda County.  He has been employed by AC Transit as
a bus driver for the past 27 years.  His wife is unemployed.  His
assets are five real properties that were purchased between 1998
and 2006 for investment purposes and realization of gain.  

Antonio H. Anabo sought Chapter 11 protection (Bankr. N.D. Cal.
Case No. 16-42839) on Nov. 1, 2017.  The Debtor tapped Kevin Tang,
Esq., at Tang & Associates, as counsel.


APOLLO ENDOSURGERY: Wellington Trust No Longer a Shareholder
------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, Wellington Trust Company, National Association Multiple
Common Trust Funds Trust, Micro Cap Equity Portfolio reported that
as of Dec. 29, 2017, it no longer owned shares of common stock of
Apollo Endosurgery, Inc.  A full-text copy of the regulatory filing
is available for free at https://is.gd/pSm2h1

                   About Apollo Endosurgery

Headquartered in Austin, Texas, Apollo Endosurgery, Inc. --
http://www.apolloendo.com/-- is a medical device company focused
on less invasive therapies for the treatment of obesity, a
condition facing over 600 million people globally, as well as other
gastrointestinal disorders.  Apollo's device based therapies are an
alternative to invasive surgical procedures, thus lowering
complication rates and reducing total healthcare costs.  Apollo's
products are offered in over 80 countries today.  Apollo's common
stock is traded on NASDAQ Global Market under the symbol "APEN".

Apollo Endosurgery reported a net loss attributable to common
stockholders of $41.16 million for the year ended Dec. 31, 2016,
compared to a net loss attributable to common stockholders of
$36.38 million for the year ended Dec. 31, 2015.  As of Sept. 30,
2017, Apollo Endosurgery had $114 million in total assets, $57.16
million in total liabilities and $56.83 million in total
stockholders' equity.

According to the Company's quarterly report for the period ended
Sept. 30, 2017, "The Company has experienced operating losses since
inception and occasional debt covenant violations and has an
accumulated deficit of $169,706 as of September 30, 2017.  To date,
the Company has funded its operating losses and acquisitions
through equity offerings and the issuance of debt instruments.  The
Company's ability to fund future operations will depend upon its
level of future operating cash flow and its ability to access
additional funding through either equity offerings, issuances of
debt instruments or both."


APPVION INC: Files Motion for Approval of Stalking Horse Agreement
------------------------------------------------------------------
Appvion, Inc., on Feb. 8, 2018, disclosed that it has filed a
motion in the U.S. Bankruptcy Court for the District of Delaware
for approval of a stalking horse asset purchase agreement bid from
a group of its lenders (the "Purchaser") to acquire substantially
all of Appvion's assets in a sale process under Section 363 of the
Bankruptcy Code.

"After evaluating options to address our capital structure and
conducting extensive negotiations with our lenders, we determined
that a sale would be the best path forward for Appvion," said Kevin
Gilligan, Chief Executive Officer of Appvion.  "We expect that the
sale process will be seamless for our stakeholders and will not
disrupt our operations.  This process will bring a timely and
efficient conclusion to our restructuring and ensure that our
company emerges as a healthier, financially-stable business poised
to compete long term in the specialty paper market and further
invest in the innovation that has made Appvion a market leader."

Mr. Gilligan continued, "We believe that launching the sale process
with a going-concern offer from the Purchaser -- a long-term lender
to and supporter of our business -- is the best option for Appvion.
The transaction would maximize the value of our assets and create
the optimal long-term outcome for our employees, customers, and
vendors.  Importantly, this transaction would result in a
substantially deleveraged balance sheet for Appvion, upon which to
continue executing our business strategy.  We are confident that
Appvion would be an even stronger partner to all of our
stakeholders in the years to come as a result of this
transaction."

The agreement with the Purchaser, which is subject to higher or
otherwise better offers, provides a total consideration of $325
million plus the assumption of substantial liabilities.  Pursuant
to Section 363, Appvion intends to implement bid procedures to
allow other qualified bidders the opportunity to submit competing
bids through a court-supervised sale process.

The Court is scheduled to consider the proposed bid procedures on
March 1, 2018.  Appvion has requested authorization to proceed with
an auction on April 23, 2018, provided the Company receives
qualified overbids no later than April 19, 2018, at 4:00 p.m. (ET).
The Company would then select the best bidder for the ongoing
business at the conclusion of the auction, as applicable, and seek
approval of the sale to the Purchaser, or the successful bidder, at
a hearing shortly thereafter.

Interested bidders are encouraged to contact Alexander Rohan at
Guggenheim Securities at (212) 823-6648.

As previously announced, on October 1, 2017, Appvion and certain of
its subsidiaries filed voluntary Chapter 11 cases to facilitate a
balance sheet restructuring and better position the business for
long-term growth and success.

DLA Piper is serving as legal counsel to Appvion, Guggenheim is
serving as the Company's investment banker, and AlixPartners is
providing Chief Restructuring Officer services.

                     About Appvion Inc.

Appvion, Inc. -- http://www.appvion.com/-- produces thermal,
carbonless, security, inkjet, digital specialty, and colored
papers.  The Company is the largest manufacturer of direct thermal
paper in North America.  Headquartered in Appleton, Wisconsin,
Appvion operates coating and converting plants there and in West
Carrollton, Ohio and a pulp and paper mill in Roaring Spring,
Pennsylvania. The Company employs approximately 1,400 people and is
100% employee-owned.

Appvion, Inc. and five affiliated debtors each filed a voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
D. Del. Lead Case No. 17-12082) on Oct. 1, 2017.  The cases are
pending before the Honorable Kevin J. Carey.

Appvion Inc. disclosed total assets of $413,430,904 and total
liabilities of $714,758,194 as of Aug. 31, 2017.

DLA Piper is serving as legal counsel to Appvion, Guggenheim
Securities LLC is serving as the Company's investment banker, and
Alan Holtz of AlixPartners is serving as the Company's Chief
Restructuring Officer.  Prime Clerk LLC is the claims and noticing
agent.

On Oct. 11, 2017, Andrew Vara, acting U.S. trustee for Region 3,
appointed an official committee of unsecured creditors.  The
Committee retained Lowenstein Sandler LLP, as counsel, Klehr
Harrison Harvey Branzburg LLP, as Delaware co-counsel.

On Dec. 1, 2017, the court appointed Justin R. Alberto as the fee
examiner.  He tapped Bayard, P.A., as legal counsel.


AYTU BIOSCIENCE: Incurs $3.67 Million Net Loss in Second Quarter
----------------------------------------------------------------
Aytu Bioscience, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
of $3.67 million on $1.05 million of total revenue for the three
months ended Dec. 31, 2017, compared to a net loss of $4.81 million
on $794,172 of total revenue for the same period in 2016.

For the six months ended Dec. 31, 2017, the Company reported a net
loss of $7.91 million on $2.12 million of total revenue compared to
a net loss of $10.54 million on $1.49 million of total revenue for
the six months ended Dec. 31, 2016.

As of Dec. 31, 2017, the Company had $18.85 million in total
assets, $15.82 million in total liabilities and $3.03 million in
total stockholders' equity.

Operating expenses for the second quarter of 2018 were $5,045,000,
which was in line with the same quarter last year.

Cash used in operations for the quarter was $3,101,000, down 26%
from the first quarter of 2018.

"[W]e have financed operations through a combination of private and
public debt and equity financings including net proceeds from the
private placements of stock and convertible notes.  Although it is
difficult to predict our liquidity requirements, based upon our
current operating plan, as of the date of this Report, we believe
we will have sufficient cash to meet our projected operating
requirements into the fourth quarter of fiscal 2018, at which point
we anticipate the need for additional capital," Aytu Bioscience
said in the Quarterly Report.

The Company has recently begun to generate material revenues from
the commercialization of its products.  The Company recognized
approximately $1.1 million and $2.1 million in revenue from
Natesto, ProstaScint, MiOXSYS and Fiera sales during the three and
six months ended Dec. 31, 2017.  The Company has incurred
accumulated net losses since its inception, and at Dec. 31, 2017,
the Company had an accumulated deficit of $77.0 million.  Its net
loss was $3.7 million and $7.9 million for the three and six months
ended Dec. 31, 2017 and it used $7.3 million of cash in operating
activities during the six months ended Dec. 31, 2017.

As of Dec. 31, 2017, the Company had approximately $4.0 million in
cash including approximately $76,000 in restricted cash (that is
expected to be released in fiscal year 2018).  In addition, for the
quarter ended Dec. 31, 2017, and for the most recent four quarters
ended Dec. 31, 2017, the Company used an average of $3.2 million of
cash per quarter for operating activities.  Looking forward, the
Company expects cash used in operating activities to be in the
range of historical usage rates, therefore, indicating substantial
doubt about the Company's ability to continue as a going concern.
The Company expects to require a cash infusion during the fourth
quarter of fiscal year 2018 to sustain operations.

"With the expectation of continuing operating losses, the Company
expects that its current cash resources will not be sufficient to
sustain operations for a period greater than one year from the date
of this report.  The ability of the Company to continue its
operations is dependent on management's plans, which include
continuing to build on the historical growth trajectory of Natesto
and accessing the capital markets through the sale of our
securities.  Based on our ability to raise capital in the past as
well as our continued growth, the Company believes additional
financing will be available and will continue to be available to
support current level of operations for at least the next 12 months
from the date of this report.  There can be no assurance that such
financing will be available or on terms which are favorable to the
Company.  While management of the Company believes that it has a
plan to fund ongoing operations, there is no assurance that its
plan will be successfully implemented or realized."

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

                    https://is.gd/wKZDin

             Second Quarter 2018 Business Update

Aytu BioScience provided an overview of its business, including the
Company's operational and financial results for its fiscal second
quarter ended Dec. 31, 2017.  The Company will host a live
conference call and webcast today at 4:30 p.m. ET.  Conference call
details are provided at the end of this press release.

"I am pleased to report Aytu's second quarter results, which
reflect strong unit sales growth and cost management.  Natesto
prescriptions increased 23% over our first quarter of this fiscal
year to 2,501, which is up 317% over the same quarter last year,
while at the same time we reduced our sequential quarter cash
burn," commented Josh Disbrow, chief executive officer of Aytu
BioScience.

Mr. Disbrow continued, "While we are satisfied with Natesto unit
sales growth, and cash management, our dollar net sales figure is
temporarily not at the same growth rate as unit sales.  The reason
for the temporary disparity is due to discounting and coupon
incentives which are used to increase sales to first time Natesto
patients.  However, we expect to be able to accelerate growth and
reduce the level of discounting we have experienced with three
targeted strategic actions.  The first action is to roll out our
recently piloted Natesto Support Program, which allows us to
capture more prescription reimbursement, yielding more revenue for
each new prescription.  The Natesto Support Program is also
expected to lead to a higher refill rate on new prescriptions.
Second, we are pursuing third party payers to more broadly cover
Natesto, and third, we are continuing to invest in increasing the
body of clinical evidence supporting Natesto’s distinct efficacy
and safety profile."

Mr. Disbrow concluded, "During the quarter we also had a number of
additional operational highlights.  First, we continued to grow our
business internationally for our MiOXSYS male infertility device,
now sold in 36 countries worldwide.  Second, we uplisted to NASDAQ,
expanding our reach into the investment community. Additionally, we
announced the appointment of David Green as Chief Financial
Officer.  Mr. Green is a highly accomplished CFO, who brings an
extensive array of financial, accounting, and operational
experience to Aytu, including a background at both public and
private life sciences companies over his twenty-five-year career.
There was also some recent news that further cemented barriers to
entry in the nearly $2 billion U.S. testosterone replacement
therapy (TRT) market that Natesto addresses.  Taken as a whole, the
second quarter reinforced that Aytu has very strong momentum with a
well-positioned product portfolio and the personnel to maximize
shareholder value."

Q2 2018 Operational Highlights

   * Recognized $1.05 million in total revenue for the second
     quarter of fiscal 2018, representing a 32% increase over Q2
     fiscal 2017

   * Listed the Company's common shares on the NASDAQ Capital
     Market, on which trading of shares under the ticker symbol
     "AYTU" began Oct. 20, 2017

   * Increased Natesto prescription demand to 2,501 total
     prescriptions, representing a 317% increase over Q2 fiscal
     2017

   * Increased Natesto unit sales to wholesalers to over 7,100,
     representing a 397% increase over Q2 fiscal 2017’s pull-
     through demand levels

   * Increased the number of Natesto prescribers across the U.S.
     to 1,178, which represents a 174% increase over Q2 fiscal
     2017

   * Increased the number of MiOXSYS System placements globally to

     38 since the beginning of fiscal 2018 through the Company's
     distribution partners, representing an increase of 73% over
     the same period last year

                    About Aytu BioScience

Englewood, Colorado-based Aytu BioScience, Inc. (OTCMKTS:AYTU) --
http://www.aytubio.com/-- is a commercial-stage specialty
healthcare company concentrating on developing and commercializing
products with an initial focus on urological diseases and
conditions.  Aytu is currently focused on addressing significant
medical needs in the areas of urological cancers, hypogonadism,
urinary tract infections, male infertility, and sexual
dysfunction.

Aytu BioScience reported a net loss of $22.50 million for the year
ended June 30, 2017, a net loss of $28.18 million for the year
ended June 30, 2016, and a net loss of $7.72 million for the year
ended June 30, 2015.  Aytu BioScience reported a net loss of $4.24
million for the three months ended Sept. 30, 2017.


BARNABAS VERES: Proposes Sale of Legg Mason Brokerage Account
-------------------------------------------------------------
Barnabas J. Veres, Jr. and Theresa M. Veres ask the U.S. Bankruptcy
Court for the District of New Jersey to authorize the sale of some
or all of the approximately $22,785 securities within Legg Mason
brokerage account.

A hearing on the Motion is set for Feb. 27, 2018 at 10:30 a.m.  The
objection deadline is Feb. 20, 2018.

The Debtors filed the chapter 11 case to have the mortgage servicer
for their home loan evaluate the Debtor for a loan modification.
They received a trial loan modification offer from the mortgage
servicer on Nov. 1, 2017 and are in the process of implementing
that modification.  Their cash flow projections, however, require
an infusion of cash for next few months until they receive bonus
payments from employment.

The account from which the Debtors intend to sell stock is a Legg
Mason brokerage account that, as of the Petition Date, listed on
Schedule B of their petition.  They ask authority to sell some or
all of such account to make up a possible cash flow shortfall until
receiving bonus payments in the spring of 2018.  They're not aware
of any encumbrances on the brokerage account or the stocks
contained therein.

The proposed sale of stock is arguably within the ordinary course
of the Debtors' business affairs.  Nevertheless to the extent it is
not, the need to make up a short-term cash flow shortfall in what
otherwise appears to be a surplus case falls well within the
articulated business justification standard that governs the use,
sale or lease of property.

Barnabas J. Veres, Jr. and Theresa M. Veres sought Chapter 11
protection (Bankr. D.N.J. Case No. 17-21151) on May 31, 2017.  Andy
Winchell, Esq., at Law Offices of Andy Winchell PC serves as
counsel.


BCML HOLDING: Case Summary & 6 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: BCML Holding LLC
        500 Australian Ave. S.
        West Palm Beach, FL 33401

Business Description: BCML Holding LLC owns in fee simple
                      five condominium units in Miami and
                      Aventura, Florida, with an aggregate
                      appraisal value of $3.38 million.

Chapter 11 Petition Date: February 12, 2018

Case No.: 18-11600

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

Judge: Hon. Erik P. Kimball

Debtor's Counsel: Nathan G Mancuso, Esq.
                  MANCUSO LAW, P.A.
                  7777 Glades Rd # 100
                  Boca Raton, FL 33434
                  Tel: (561) 245-4705
                  E-mail: ngm@mancuso-law.com

Total Assets: $3.38 million

Total Liabilities: $3.61 million

The petition was signed by Erik Wesoloski, Esq., attorney in
fact/POA.

A full-text copy of the petition containing, among other items, a
list of the Debtor's six unsecured creditors is available for free
at:

          http://bankrupt.com/misc/flsb18-11600.pdf


BE MY GUEST: Unsecured Creditors to be Paid 10% Under Latest Plan
-----------------------------------------------------------------
Unsecured creditors of Be My Guest, LLC, will be paid not less than
10% of the allowed amount of their claims, according to the
company's latest disclosure statement which explains its proposed
Chapter 11 plan of reorganization.

According to the disclosure statement, the total amount of Class 1
general unsecured claims as of Jan. 25 is $2,005,153.20, of which
$850,000 is asserted by XO Construction and $514,000 is asserted by
CW Metals Inc.  Both are disputed claims.

Be My Guest also disclosed in the filing that Gaby LLC has escrowed
the sum of $50,000 with the disbursement agent for payment of
allowed general unsecured claims.  The company estimates that it
will ultimately result in a recovery by general unsecured creditors
of not less than 10% of the allowed amount of their claims.

A copy of the amended disclosure statement is available for free
at:

            http://bankrupt.com/misc/nysb17-10692-106.pdf

                      About Be My Guest

Be My Guest, LLC was formed for the purpose of assuming a certain
lease for commercial premises located at 14 East 58th Street, New
York, and thereafter, developing and operating a first class
restaurant at the premises.  Lucy Balan, who holds a 50% membership
interest in the Company, serves as its manager.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 17-10692) on March 22, 2017.  Ms.
Balan signed the petition.  At the time of the filing, the Debtor
estimated assets of less than $1 million and estimated liabilities
of $1 million to $10 million.

Judge Sean H. Lane presides over the case.  

Douglas J. Pick, Esq. at Pick & Zabicki LLP represents the Debtor
as bankruptcy counsel.  Citrin Cooperman & Company, LLP is the
Debtor's accountant.

The Debtor filed a disclosure statement, which explains its
proposed Chapter 11 plan of reorganization on May 16, 2017.


BILL BARRETT: Provides Commodity Price and Derivatives Update
-------------------------------------------------------------
Bill Barrett Corporation provided an update on certain fourth
quarter of 2017 items, including commodity price and derivatives
data and the weighted average basic and diluted shares outstanding.
The Company also announced that it will host a conference call on
Wednesday, Feb. 28, 2018, to discuss its fourth quarter 2017
financial and operating results.

For the fourth quarter of 2017, West Texas Intermediate oil prices
averaged $55.40 per barrel, Northwest Pipeline natural gas prices
averaged $2.60 per MMBtu and NYMEX natural gas prices averaged
$2.93 per MMBtu.  The Company had derivative commodity swaps that
settled in the fourth quarter of 2017 for 8,125 barrels of oil per
day tied to WTI pricing at $57.69 per barrel, 10,000 MMBtu of
natural gas per day tied to NWPL regional pricing at $2.96 per
MMBtu and no hedges in place for NGLs.

Based on preliminary unaudited results, the Company expects to
realize a cash commodity derivative gain of $2.0 million in the
fourth quarter due to positive derivative positions.  The Company
expects its fourth quarter commodity price differentials to
benchmark pricing - before commodity derivative gains and taking
into account delivery location and quality adjustments - to average
approximately: WTI less $2.44 per barrel for oil and NWPL less
$0.28 per thousand cubic feet for natural gas.  The
Denver-Julesburg Basin oil price differential averaged WTI less
$2.51 per barrel in the quarter.  NGL prices averaged approximately
44% of the WTI price per barrel of oil during the quarter.

The Company estimates that the weighted average common basic and
diluted shares for the fourth quarter will be approximately 83.1
million.

The Company plans to issue its fourth quarter 2017 financial and
operating results press release after the market close on Tuesday,
Feb. 27, 2018.  The Company will host a conference call on
Wednesday, Feb. 28, 2018, to discuss the results.  The call is
scheduled at 10:00 a.m. Eastern time (8:00 a.m. Mountain time).
Please join the webcast conference call live at
www.billbarrettcorp.com, accessible from the Investor Relations
page.  To join by telephone, call 855-760-8152 (631-485-4979
international callers) with passcode 9658234.  A replay of the call
will be available through March 7, 2018, at 855-859-2056
(404-537-3406 international) with passcode 9658234.

A full-text copy of a table summarizing the Company's hedge
position as of Feb. 7, 2018, is available for free at:

                    https://is.gd/UNqLcV

                     About Bill Barrett

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

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

                           *    *    *

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


BILLNAT CORPORATION: Hires Marcus as Real Estate Broker
-------------------------------------------------------
Billnat Corporation seeks authority from the U.S. Bankruptcy Court
for the Eastern District of Michigan to employ Marcus & Millichap
Real Estate Investment Services, as real estate broker to the
Debtor.

Billnat Corporation requires Marcus to market and sell the Debtor's
real property located located at 20352 Harper Ave., Harper Woods,
MI 48225; 13894 Northline Rd, Southgate, MI 48195; and 632 N.
Dibble Blvd., Lansing, Michigan 48915.

Marcus will be paid a commission of 6% of the purchase price.

Steven Chaben, senior vice president of Marcus & Millichap Real
Estate Investment Services, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Marcus can be reached at:

     Steven Chaben
     MARCUS & MILLICHAP REAL ESTATE
     INVESTMENT SERVICES
     99 Monroe Ave. NW
     Grand Rapids, MI 49503
     Tel: (616) 482-1600

              About Billnat Corporation

BillNat Corporation operates 20 retail pharmacies from leased
facilities in Southern Michigan under the name "Sav-On Drugs". It
was solely owned by Mr. William G. Newman until all of its capital
stock was acquired by the Frank W. Kerr Company in exchange for Mr.
Newman receiving additional shares of Kerr in a transaction that
closed in August 2015, but was retroactively effective as of Dec.
15, 2014.

Novi, Michigan-based Frank W. Kerr Company filed a Chapter 7
petition on Aug. 23, 2016.  The Debtor consented to and the Court
entered an order for relief under Chapter 11, converting the case
to a Chapter 11 proceeding (Bankr. E.D. Mich. Case No. 16-51724) on
Sept. 19, 2016.  Kerr tapped McDonald Hopkins PLC as counsel. Epiq
Bankruptcy Solutions, LLC, serves as the Debtor's noticing, claims
and balloting agent. The Debtor hired Conway Mackenzie Management
Services, LLC, as restructuring consultant and Jeffrey K. Tischler
as chief restructuring officer.

BillNat Corporation filed a petition seeking relief under Chapter
11 of the United States Bankruptcy Code (Bankr. E.D. Mich. Case No.
17-54357) on Oct. 13, 2017.

BillNat estimated assets of $10 million to $50 million and debt of
$50 million to $100 million.

The case judge is the Hon. Maria L. Oxholm.

On Nov. 9, 2017, the U.S. Trustee, Deniel M. McDermott, appointed
two creditors to serve on the official committee of unsecured
creditors in the Chapter 11 case of Billnat Corporation. The
Committee members are: (1) Curt Johnson, Credit Manager (Committee
Chair) and (2) Michelle Konwinski, Controller.

The Creditors Committee retained Lowenstein Sandler LLP as lead
counsel; Wolfson Bolton PLLC as local counsel; and BDO USA, LLP, as
financial advisor.


BIOSTAGE INC: Liu Agrees to Buy 302K Shares for $1 Million
----------------------------------------------------------
Biostage, Inc. entered into a securities purchase agreement with
Jinhui Liu on Feb. 2, 2018, pursuant to which the Investor agreed
to purchase in a private placement, and the Company agreed to
issue, 302,115 shares of the Company's common stock, par value
$0.01 per share at a purchase price of $3.31 per share.  Pursuant
to the terms of the Purchase Agreement, on Feb. 2, 2018, the
Investor paid a $100,000 deposit towards the purchase price for the
Private Placement.  The Private Placement is expected to close
later this month.

The Purchase Agreement includes customary representations,
warranties and covenants.  The shares of Common Stock to be issued
to the Investor will be sold and issued without registration under
the Securities Act in reliance on the exemptions provided by
Section 4(a)(2) of the Securities Act as transactions not involving
a public offering and Rule 506 promulgated under the Securities Act
as sales to accredited investors, and in reliance on similar
exemptions under applicable state laws.

The representations, warranties and covenants contained in the
Purchase Agreement were made solely for the benefit of the parties
to the Purchase Agreement.  In addition, such representations,
warranties and covenants (i) are intended as a way of allocating
the risk between the parties to the Purchase Agreement and not as
statements of fact, and (ii) may apply standards of materiality in
a way that is different from what may be viewed as material by
stockholders of, or other investors in, the Company.  Accordingly,
the Purchase Agreement is included with this filing only to provide
investors with information regarding the terms of transaction, and
not to provide investors with any other factual information
regarding the Company.  Stockholders should not rely on the
representations, warranties and covenants or any descriptions
thereof as characterizations of the actual state of facts or
condition of the Company or any of its subsidiaries or affiliates.
Moreover, information concerning the subject matter of the
representations and warranties may change after the date of the
Purchase Agreement, which subsequent information may or may not be
fully reflected in public disclosures.

A full-text copy of the Purchase Agreement is available for free at
https://is.gd/6sU6fU

                       About Biostage

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

Biostage reported a net loss of $11.57 million for the year ended
Dec. 31, 2016, compared to a net loss of $11.70 million for the
year ended Dec. 31, 2015.  The Company's balance sheet as of Sept.
30, 2017, showed $2.55 million in total assets, $2.07 million in
total liabilities and $477,000 in total stockholders' equity.

KPMG LLP, in Cambridge, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has suffered recurring
losses from operations and will require additional financing to
fund future operations which raise substantial doubt about its
ability to continue as a going concern.


BISON GLOBAL: Hoskins Buying International Durastar Truck for $61K
------------------------------------------------------------------
Bison Global Logistics, Inc. asks the U.S. Bankruptcy Court for the
Western District of Texas to authorize the sale of 2016
International 4300 Durastar Truck Cab and Chassis (VIN
3HAMMMMLXGL180257) with 24' Morgan Dry Freight Van Body (S/N
MTX16VB49226001) and Interlift ILT-35 Liftgate (S/N 98112007) to
Gene Hoskins for $60,525.

The Vehicle is subject to a lien in favor of Equify.  Equify filed
a Motion for Relief from Automatic Stay which was settled with an
agreement to sell the Vehicle.  Under the agreement with Equify,
the Debtor may sell the Vehicle for a minimum price of $50,000.  As
of Nov. 1, 2017, the amount of the debt to Equify was $59,227.  The
sales proceeds should satisfy the debt to Equify without any excess
proceeds.

On Jan. 29,, 2018, the Debtor received an offer to purchase the
Vehicle for $60,525, free and clear of liens, from the Buyer who is
prepared to fund the transaction immediately.  The Debtor scheduled
the Vehicle at $55,000.  Therefore, it believes that the sales
price is fair.  

Based on the agreement with Equify, the Debtor believes that Equify
consents to the sale.  All proceeds will be paid directly to
Equify.

The Court has granted the U.S. Trustee's Motion to Dismiss Case
with such order to be effective as of Feb. 12, 2018 at 5:00 p.m.
It also allowed any party to request that an exception to 11 U.S.C.
Section 349(b) be granted.  The Debtor asks that the Court orders
that the order granting the Motion will survive the dismissal of
the case.

The Purchaser:

          Gene Hoskins
          P.O. Box 347
          Smithville, TX 78957

The Creditor:

          EQUIFY FINANCIAL
          777 Main Street
          Ft. Worth, TX 76102

                   About Bison Global Logistics

Bison Global Logistics Inc. -- http://www.bisongl.com/-- is a  
privately owned transportation and logistics services provider.
Its principal place of business is 1201 Heather Wilde,
Pflugerville, Texas.  It has terminals located in Austin, Dallas
and San Antonio.

Bison Global's transportation offerings include local, regional,
and long haul trucking on Bison-owned equipment.  It serves a wide
array of companies and industries from the small locally owned
business to Fortune 1000 companies.

Bison Global sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Tex. Case No. 17-11154) on Sept. 14, 2017.  In
the petition signed by CEO Allen T. Love, the Debtor estimated
assets of $1 million to $10 million and liabilities of $10 million
to $50 million.  Judge Tony M. Davis presides over the case.
Barron & Newburger, P.C., is the Debtor's bankruptcy counsel.


BLACKBERRY LTD: Egan-Jones Hikes FC Sr. Unsecured Rating to B+
--------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 19, 2018, raised the foreign
currency senior unsecured rating on debt issued by BlackBerry Ltd
to B+ from B.

Headquartered in Waterloo, Canada, BlackBerry Limited operates as
security software and services company in securing, connecting, and
mobilizing enterprises worldwide.  The company was formerly known
as Research In Motion Limited and changed its name to BlackBerry
Limited in July 2013.


BLAIR OIL: Trustee Selling Yuma Interests to Omega for $6K
----------------------------------------------------------
Blair Oil Investments, LLC ("BOI") by Jeffrey A. Weinman, Chapter 7
Trustee of the bankruptcy estate of Peter H. Blair, asks the U.S.
Bankruptcy Court for the District of Colorado to authorize the sale
of BOI's interest in oil and gas leases with wells and production
equipment, oil and gas fixtures and personal property located in
Yuma County, Colorado to Omega Resources, Inc. for $6,000.

The Trustee informed and believes that the Debtor is the owner of
the Yuma Interests.  The Debtor has investigated the nature and
extent of these Yuma Interests.  It owns approximately 117 other
interests in other oil and gas interests which the Debtor is not
currently working.  Rather, other owners of interests are working
these wells.  It receives regular dividends and incurs expenses for
the other interests.

As an interest in oil and gas rights, the Debtor believes that
these Yuma Interests carry the potential for a significant risk to
the bankruptcy estate, including potential liability under the
Comprehensive Environmental Response, Compensation, and Liability
Act of 1980.  It desires to minimize the risks to the bankruptcy
estate and the potential for future liability.  As a result, the
Debtor has determined that it is in the Estate's and the creditors'
best interest to sell the Yuma Interests.

To that end, the Debtor and Wellco have entered into a Contract of
Sale for the Yuma Interests.  Under the terms of the Contract of
Sale, the Buyer will purchase all of the Estates' right, title and
interest in the Yuma Interests (including all wells and production
equipment, oil and gas fixtures and personal property), for the
price of $6,000.  The sale is without any representations of
warranty of title and is "as is, where is."  The Buyer is also
assuming all liabilities and operating costs associated with the
Yuma Interests from and after Jan. 1, 2018.  The sale to the Buyer
is conditioned on an order from the Court approving the sale.

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

     http://bankrupt.com/misc/Blair_Oil_257_Sales.pdf

To the best of the Debtor's knowledge, there are no persons or
parties who hold a prior properly perfected liens or encumbrances
in the Yuma Interests.

The Debtor has investigated the value of the Yuma Interests,
including the long term value, as well as the production value of
the interests should the price of oil and/or natural gas rise over
time.  Based upon its investigation, the Debtor believes that
$6,000 is the highest and best price for the Yuma Interests.  The
Estate will incur certain customary closing costs as part of the
sale of the Yuma Interests to the Buyer.

Specifically, the Debtor's proportionate share of operating
expenses for the months prior to Jan. 1, 2018, property taxes owing
for 2017.  The Debtor also believes that there will be sales taxes
of 5.9% on the personal property and equipment conveyed with the
sale, which will be approximately $354.  As it negotiated directly
with the Buyer for the purchase of the Yuma Interests, the Debtor
has not incurred any commissions or other broker fees.

The Debtor asserts that the approval of the sale of the Yuma
Interests to the Buyer is in the best interest of the bankruptcy
estate and the creditors and represents the best chance for a
meaningful distribution to the creditors.

The Debtor asks authority to pay all related closing costs,
including taxes, from the purchase price as part of the sale of the
Yuma Interests to the Buyer.  Such costs would be an administrative
expense of the Estate.  It also asks that the Court lifts the stay
provided by Fed.R.Bankr.P. 6004(h), which automatically stays for
14 days an order authorizing the use, sale or lease of property
other than cash collateral.

                  About Blair Oil Investments

Blair Oil Investments, LLC, is the owner of an interest in certain
oil and gas leases with wells and production equipment, oil and gas
fixtures and personal property located in Yuma County, Colorado.
It also owns 117 other interests in other oil and gas interests.

Blair Oil Investments sought Chapter 11 protection (Bankr. D. Col.
Case No. 15-15009) May 7, 2015.  The Debtor estimated assets and
liabilities in the range of $1 million to $10 million.  The Debtor
tapped Harvey Sender, Esq., at Sender Wasserman Wadsworth, P.C. as
counsel.

Peter H. Blair filed his voluntary petition for relief under
Chapter 11 of the Bankruptcy Code also on May 7, 2015 (Case No.
15-15008).  On Aug. 20, 2015, Mr. Blair's bankruptcy case was
converted to a case under Chapter 7.  Jeffrey A. Weinman is the
Chapter 7 trustee for Mr. Blair's bankruptcy estate.  Mr. Blair's
bankruptcy estate is the holder of 100% of the membership of BOI.


BLUEGREENPISTA: Liquidating Plan to Pay Unsecured Claims in Full
----------------------------------------------------------------
Unsecured creditors of Bluegreenpista Enterprises, Inc. will be
paid in full under a plan of liquidation proposed by the company's
Chapter 11 trustee.

Under the liquidating plan, creditors holding Class 8 general
unsecured claims will receive a cash payment in full with interest
at the federal judgment rate within 90 days of the effective date
of the plan.

Class 8 is impaired and general unsecured creditors are entitled to
vote on the plan.  The estimated amount of general unsecured claims
is $23,237.87.

The liquidating plan proposes to pay all allowed claims from the
2015 and 2016 crop proceeds generated by the company, which owned
and operated a 152-acre pistachio farm in Bakersfield, California.

As of Jan. 8, all assets of Bluegreenpista have been liquidated.
The trustee will make the payments and distributions of the funds
he holds pursuant to the provisions of the plan, according to the
trustee's disclosure statement filed with the U.S. Bankruptcy Court
for the Eastern District of California.

A copy of the disclosure statement is available for free at:

            http://bankrupt.com/misc/caeb15-12827-778.pdf

                 About Bluegreenpista Enterprises

Bluegreenpista Enterprises, Inc. owned and operated a 152-acre
pistachio farm in Bakersfield, California.

Headquartered in Newark, California, Bluegreenpista Enterprises
filed for Chapter 11 bankruptcy protection (Bankr. E.D. Calif. Case
No. 15-12827) on July 18, 2015, estimating its assets at up to
$50,000 and its liabilities at between $1 million and $10 million.
The petition was signed by Pinder Singh, president.  

Judge Fredrick E. Clement presides over the case.  The Debtor hired
The Turoci Firm Inc. as its bankruptcy counsel.

On Dec. 29, 2015, Randell Parker was appointed Chapter 11 trustee.
The trustee hired the Law Office of Trudi G. Manfredo as his legal
counsel.


BRANDENBURG FAMILY: Hutchins Buying Fairfield Property for $202K
----------------------------------------------------------------
The Brandenburg Family Limited Partnership asks the U.S. Bankruptcy
Court for the District of Maryland to authorize the sale of the
real property known as 10 Fawn Trail, Fairfield, Pennsylvania, and
the improvements located thereon, to Michael Hutchins for
$202,000.

The Fawn Trail Property is titled in the name of Dwight Brandenburg
and Rhonda Brandenburg, and held for the Debtor.  Dwight is the
general partner of the Debtor and Rhonda is a limited partner.  

On Nov. 8, 2017, the Brandenburgs entered into an Exclusive Right
to Sell Real Estate Contract with Susan Kelley and Kelly Real
Estate Professionals to market and sell the Fawn Trail Property.
The Listing Agreement provides for payment of commissions of 6% to
Kelley upon the sale of the Fawn Trail Property.  An application to
Authorize Employment of Kelley, to Assume the Listing Agreement
Between the Parties, and to Authorize Payment of Commissions at
Settlement has been filed contemporaneously with the Motion.

On Dec. 14, 2017, the Brandenburgs entered into a Standard
Agreement for the Sale of Real Estate with the Buyer for the Fawn
Trail Property in the amount of $202,000, with $1,000.  The sale
will be free and clear of liens, claims, encumbrances and interest,
with such liens, claims, encumbrances and interests to be paid from
the proceeds of sale at settlement.  Good cause exists as the
assumption of this executory contract will produce in excess of
$10,000 for the Debtor's estate.

The Fawn Trail Property is encumbered by a first lien in favor of
James and Anita Hill.  The Debtor estimates that at settlement, the
Hills will receive approximately $131,549 from the sales proceeds.


Prior to the filing, the Debtor agreed to pay Mark Buhr for the
repairs he made to the Fawn Trail Property in order to sell the
property to a FHA/VA purchaser totaling $34,627, and for repairs he
made pursuant to the home inspection of $1,567.  After payment of
costs and expenses of sale, including Kelley's commissions,
transfer costs and the Hills' lien, the Debtor anticipates that net
proceeds will be paid to the estate of approximately $10,092.

A copy of the sale Agreement and the proposed Seller's Estimated
Net Sheet attached to the Motion is available for free at:

   http://bankrupt.com/misc/Brandenburg_Family_128_Sales.pdf

The Creditors:

          James and Anita Hill
          609 Clubside Drive
          Taneytown, MD 21787

                   About The Brandenburg Family
                       Limited Partnership

Based in Jefferson, Maryland, The Brandenburg Family Limited
Partnership sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Md. Case No. 18-11041) on Jan. 25, 2018.  In the
petition signed by Dwight C. Brandenburg, managing partner, the
Debtor estimated assets and liabilities of $1 million to $10
million.  Judge Thomas J. Catliota presides over the case.
Mehlman, Greenblatt & Hare, LLC, is the Debtor's legal counsel.


BRIDGEPORT BIODIESEL: Case Summary & 20 Top Unsecured Creditors
---------------------------------------------------------------
Debtor: Bridgeport Biodiesel 2 LLC
        PO Box 750
        Nanuet, NY 10954

Business Description: Pearl River, New York-based Bridgeport
                      Biodiesel, LLC provides clean, renewable
                      biodiesel fuel made from recycled cooking
                      oil to the Tri State Area and the North
                      Eastern Seaboard.  

                      http://bridgeportbiodiesel.com/

Chapter 11 Petition Date: February 11, 2018

Case No.: 18-22244

Court: United States Bankruptcy Court
       Southern District of New York (White Plains)

Judge: Hon. Robert D. Drain

Debtor's Counsel: Michael A. Koplen, Esq.
                  LAW OFFICES OF MICHAEL A. KOPLEN
                  14 South Main Street, Suite 4
                  New City, NY 10956
                  Tel: (845) 623-7070
                  Fax: (845) 708-5597
                  E-mail: Atty@KoplenLawFirm.com

Total Assets: $32,078

Total Liabilities: $2.40 million

The petition was signed by Brent Baker, CEO.

A full-text copy of the petition, along with a list of 20 largest
unsecured creditors, is available for free at
http://bankrupt.com/misc/nysb18-22244.pdf


BROOKFIELD RESIDENTIAL: S&P Alters Outlook to Pos. & Affirms B CCR
------------------------------------------------------------------
Calgary, Alta.-based homebuilder Brookfield Residential Properties
Inc. (BRP) reduced debt because of stronger cash flow generation in
its fiscal fourth quarter, reducing debt leverage to roughly 5.4x
EBITDA and 46% debt to capital.

S&P Global Ratings revised its rating outlook on Brookfield
Residential Properties Inc. to positive from stable. At the same
time, S&P affirmed its 'B' corporate credit rating on BRP.

S&P said, "In addition, we affirmed our 'B+' issue-level ratings on
the company's senior unsecured notes, one notch above the corporate
credit rating. The recovery rating on the senior unsecured debt is
'2', indicating our expectation for substantial (70%-90%; rounded
estimate: 75%) recovery to bondholders in the event of a default.

"Our outlook revision to positive reflects our expectation for
improvement in BRP's leverage over the next 12 months such that
debt to EBITDA is in the 5x area and debt to capital remains below
50%. With signs of a recovery in one of the company's key markets
of Calgary offsetting some slowness in Ontario (due to new province
regulations aimed to stem rapidly rising prices), and stable growth
in its U.S. platform, we now forecast the company to maintain debt
at lower levels and expect debt to capital to remain within the 45%
to 50% range. We view this level as strong for the current 'B'
rating.

"The positive outlook reflects our expectation for the company
operate with debt to capital below 50% and debt to EBITDA of
5x-5.5x, with some seasonal fluctuation, but with EBITDA interest
coverage remaining within the 2x-3x area.

"If the company is able to exhibit stable growth in home closing
volume on both sides of the border and maintain lower debt such
that we are confident debt to EBITDA will be 5x or lower for its
fiscal 2018 and beyond, we may consider raising the rating to 'B+'
over the next 12 months.

"We could revise the outlook to stable over the next 12 months if
leverage exhibits volatility, with debt to capital rising above 50%
and debt to EBITDA sustained at over 6x. This may occur if debt
levels rise more than our base-case forecast anticipates due to
heavier spending for land acquisitions while working capital needs
are seasonally high during the middle of the year (second and third
quarter).

"Although we view it as a less likely scenario, we may lower the
rating over the next 12 months if we believe EBITDA interest
coverage will be sustained below 2x. We believe this could occur if
slowing activity in the Toronto market causes the company's
Canadian operations to materially underperform relative to our
forecast and overall profitability. Lowering the rating would also
likely require a slowdown of activity and a more negative outlook
for the company's U.S. platform, which is inconsistent with our
current view of U.S. housing."  


C & D FRUIT: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Affiliates that filed voluntary petitions seeking relief under
Chapter 11 of the Bankruptcy Code:

     Debtor                                      Case No.
     ------                                      --------
     C & D Fruit and Vegetable Co., Inc.         18-00997
     P.O. Box 110598
     Bradenton, FL 34211

     Trio Farms, L.L.C.                          18-00998
     P.O. Box 110598
     Bradenton, FL 34211

Business Description: C & D Fruit And Vegetable Co, Inc is a
                      grower, shipper and packer of fresh fruits
                      and vegetables, including green beans,
                      cucumbers, peppers, squash and strawberries.
                      The Company is family owned and ships under
                      the O'Brien Family Farm label.  The Company
                      ships throughout the United States and
                      Canada.

Chapter 11 Petition Date: February 9, 2018

Court: United States Bankruptcy Court
       Middle District of Florida (Tampa)

Debtors' Counsel: Edward J. Peterson, III, Esq.
                  STICHTER, RIEDEL, BLAIN & POSTLER, P.A.
                  110 East Madison Street, Suite 200
                  Tampa, FL 33602
                  Tel: (813) 229- 0144
                  Fax: (813) 229-1811
                  Email: epeterson@srbp.com

Estimated Assets and Liabilities:

                       Assets             Liabilities
                      ---------           -----------
C & D Fruit      $1 mil.-$10 million    $1 mil.-$10 million
Trio Farms       $1 mil.-$10 million    $1 mil.-$10 million

The petitions were signed by Thomas M. O'Brien, president.

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

          http://bankrupt.com/misc/flmb18-00997.pdf
          http://bankrupt.com/misc/flmb18-00998.pdf

A copy of C & D Fruit and Vegetable's list of 20 largest unsecured
creditors is available for free at:

       http://bankrupt.com/misc/flmb18-00997_creditors.pdf

A copy of Trio Farms, L.L.C.'s list of 20 largest unsecured
creditors is available for free at:

       http://bankrupt.com/misc/flmb18-00998_creditors.pdf


CABOT OIL: Egan-Jones Hikes Senior Unsecured Ratings to BB
----------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 12, 2018 upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Cabot Oil & Gas Corp to BB from BB-.

Cabot Oil & Gas Corp. is an oil and gas producer working in North
America. It engages in oil exploration, development, exploitation,
and production. The company, which was founded in 1989, is
headquartered in Houston.


CHESAPEAKE ENERGY: BlackRock Has 5.7% Equity Stake as of Dec. 31
----------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, BlackRock, Inc. reported that as of Dec. 31, 2017, it
beneficially owns 51,614,414 shares of common stock of Chesapeake
Energy Corp., constituting 5.7 percent of the shares outstanding.
A full-text copy of the regulatory filing is available at:

                     https://is.gd/wYFFug

                    About Chesapeake Energy

Based in Oklahoma City, Chesapeake Energy Corporation's (NYSE:CHK)
-- http://www.chk.com/-- is focused on discovering and developing
its large and geographically diverse resource base of
unconventional oil and natural gas assets onshore in the United
States.  The company also owns oil and natural gas marketing and
natural gas compression businesses.

Chesapeake Energy reported a net loss available to common
stockholders of $4.92 billion on $7.87 billion of total revenues
for the year ended Dec. 31, 2016, compared to a net loss available
to common stockholders of $14.85 billion on $12.76 billion of total
revenues for the year ended Dec. 31, 2015.

The Company had $11.98 billion in total assets, $12.68 billion in
total liabilities and a total deficit of $704 million as of Sept.
30, 2017.

                          *    *    *

In January 2017, S&P Global Ratings raised its corporate credit
rating on Chesapeake Energy to 'B-' from 'CCC+, and removed the
ratings from CreditWatch with positive implications where S&P
placed them on Dec. 6, 2016.  The rating outlook is positive.  "The
upgrade of Chesapeake to 'B-' reflects our assessment of the
company's improved liquidity profile and financial measures," said
S&P Global Ratings credit analyst Paul Harvey.

Chesapeake Energy carries a 'Caa1' corporate family rating from
Moody's Investors Service.  Moody's said Chesapeake's 'Caa1' CFR
incorporates its improving but modest cash flow generation at
Moody's commodity price estimates relative to the company's high
debt levels.


CHL LLC: Case Summary & 14 Unsecured Creditors
----------------------------------------------
Debtor: CHL, LLC
           dba Scott's Hill Village Developers
        P.O. Box 540
        Southern Pines, NC 28388

Business Description: CHL, LLC is the fee simple owner of a real
                      property located at Scotts Hill Village,
                      Wilmington, NC 28411 consisting of 57+ acres
                      of undeveloped land ($5,025,000) and 52
                      developed residential lots ($3,920,000)
                      located in New Hanover and Pender Counties.
                      
                      http://www.scottshillvillage.com/

Chapter 11 Petition Date: February 9, 2018

Case No.: 18-00630

Court: United States Bankruptcy Court
       Eastern District of North Carolina
       (Raleigh Division)

Judge: Hon. David M. Warren

Debtor's Counsel: Trawick H Stubbs, Jr., Esq.
                  Laurie B. Biggs, Esq.
                  STUBBS & PERDUE, P.A.
                  P. O. Drawer 1654
                  New Bern, NC 28563
                  Tel: 252 633-2700
                  Fax: 252 633-9600
                  E-mail: efile@stubbsperdue.com
                          lbiggs@stubbsperdue.com

Total Assets: $8.94 million

Total Liabilities: $19.39 million

The petition was signed by Ernest Woodrow Davis, Jr.,
member-manager.

A full-text copy of the petition, along with a list of 14 unsecured
creditors, is available for free at:

       http://bankrupt.com/misc/nceb18-00630.pdf


CJ MICHEL: Latest Plan to Pay Unsecured Claims in Full
------------------------------------------------------
Unsecured creditors of CJ Michel Industrial Services, LLC will be
paid in full under the company's latest plan to exit Chapter 11
protection.

According to the restructuring plan, creditors holding Class B
unsecured claims will be paid in full within 12 to 18 months from a
combination of CJMIS' annual net profits and the monthly insider
payments required by CJ Michel, the company's majority owner, under
the plan.  

Allowed unsecured claims are estimated at $1,300,483.79.

Based on the financial projections and insider payments, CJMIS will
have sufficient cash flow to pay its operating expenses and will be
capable of funding its restructuring plan.  

In addition to the company's net profits, Mr. Michel will
contribute an estimated $72,000 to $108,000 monthly in plan
payments (from the sale of his KY entity that shares the same legal
name as CJMIS or if that sale does not close then from funding from
the KY entity) commencing on April 1, according to the company's
latest plan filed with the U.S. Bankruptcy Court for the Eastern
District of Kentucky.

A copy of the first amended Chapter 11 plan is available for free
at:

            http://bankrupt.com/misc/kyeb17-51611-136.pdf

                CJ Michel Industrial Services

CJ Michel Industrial Services, LLC, has provided staffing and
contracting services for customers in the construction and
industrial sector for over 20 years.  Services are not limited to
the electrical trade but include OSHA certified, trade licensed and
fully-insured low-E, data/communications service technicians,
pipefitters, welders, iron workers, riggers, millwrights, concrete
tradesmen, and general tradesmen.

CJ Michel Industrial Services began to experience cash flow issues
after it borrowed money from nontraditional lending sources which
were primarily merchant cash advance lenders.  It has been unable
to reach out-of-court workout agreements with these lenders and
seeks a "breathing spell" to reorganize its business under Chapter
11 of the Bankruptcy Code in order to restructure its debts,
reorganize as a going concern, and maximize value for the benefit
of the creditors of its estate.

CJ Michel Industrial Services, based in Lancaster, Kentucky, filed
a Chapter 11 petition (Bankr. E.D. Ky. Case No. 17-51611) on Aug.
10, 2017.  In its petition, the Debtor estimated $0 to $50,000 in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Clarence J. Michel, Jr., member.  

The Hon. Gregory R. Schaaf presides over the case.  

Jamie L. Harris, Esq., at DelCotto Law Group PLLC, serves as
bankruptcy counsel to the Debtor.

No trustee or examiner has been appointed in the Chapter 11 case,
and no creditors' committee or other official committee has been
appointed.


COLUMBUS MCKINNON: Egan-Jones Lowers Sr. Unsecured Ratings to BB
----------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 16, 2018, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Columbus McKinnon Corp/NY to BB from BB+.

Based in New York, Columbus McKinnon Corporation is a global
designer, manufacturer and marketer of hoists, actuators, cranes,
rigging tools, digital power control systems, and other material
handling products serving various commercial and industrial end
user markets.



COMSTOCK RESOURCES: Hodges Reports 8% Stake as of Dec. 31
---------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of Comstock Resources, Inc. as of Dec. 31, 2017:

                                     Shares     Percentage
                                  Beneficially     of
  Reporting Persons                   Owned      Shares
  -----------------               ------------  ----------
Hodges Capital Holdings, Inc.      1,247,276       8.0%

Craig D. Hodges                    1,247,276       8.0%

First Dallas Securities, Inc.         45,106       0.2%

Hodges Capital Management, Inc.    1,202,170       7.7%

Hodges Fund, A Series of      
professionally Managed Portfolios    902,020       5.8%

Hodges Pure Contrarian Fund,
A Series of professionally
Managed Portfolios                    70,000       0.4%

The calculation of the percentage of beneficial ownership of the
Company's common stock is based upon 15,427,561 shares outstanding
on Nov. 2, 2017, as disclosed by the Company in its Quarterly
Report on Form 10-Q for the period ended Sept. 30, 2017.

All 1,247,278 of the reported shares collectively may be deemed as
beneficially owned by HCHI, which is the owner of FDSI and HCM,
and Craig D. Hodges, who is the controlling shareholder of HCHI.

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

                    https://is.gd/5yMkPe

                  About Comstock Resources

Comstock Resources, Inc. -- http://www.comstockresources.com/-- is
an independent energy company based in Frisco, Texas and is engaged
in oil and gas acquisitions, exploration and development primarily
in Texas and Louisiana.  The Company's stock is traded on the New
York Stock Exchange under the symbol CRK.

Comstock incurred a net loss of $135.1 million in 2016, a net loss
of $1.0 billion in 2015, and a net loss of $57.11 million in 2014.
As of Sept. 30, 2017, Comstock Resources had $899.6 million in
total assets, $1.22 billion in total liabilities and a total
stockholders' deficit of $328.44 million.

                          *     *     *

In September 2016, S&P Global Ratings raised its corporate credit
rating on Comstock Resources to 'CCC+' from 'SD' (selective
default).  The 'CCC+' corporate credit rating reflects S&P's view
that the company's debt levels are unsustainable under its current
price assumptions.  

Comstock Resources carries a 'Caa2' corporate family rating from
Moody's Investors Service.


CRYOPORT INC: Obtains $4.8 Million Proceeds from Warrants Exercise
------------------------------------------------------------------
Cryoport, Inc., announced on Feb. 8, 2018, the final results of the
Company's previously announced issuer tender offer to holders of
the Company's outstanding warrants to purchase one share of common
stock at an exercise price of $3.57 per share to exchange up to
2,000,000 of such Original Warrants for an equal number of warrants
to purchase one share of common stock at an exercise price of $3.00
per share, conditioned upon the immediate exercise of those New
Warrants.

The Offer expired at 5:00 p.m., Eastern Time on Feb. 2, 2018 and
was conducted pursuant to the terms and conditions set forth in the
Company's Tender Offer Statement on Schedule TO and the related
exhibits included therein, as amended, initially filed with the
Securities and Exchange Commission on Jan. 2, 2018.

In connection with the Offer, 1,590,797 Original Warrants were
properly tendered by holders of Original Warrants in exchange for
1,590,797 New Warrants, which were immediately exercised for gross
proceeds to the Company of approximately $4.8 million.

                       About Cryoport

Lake Forest, Calif.-based CryoPort, Inc. (OTC BB: CYRX) --
http://www.cryoport.com/-- is a provider of cryogenic logistics
solutions to the life sciences industry through its purpose-built
proprietary packaging, information technology and specialized cold
chain logistics expertise.  The Company provides logistics
solutions for biologic materials, such as immunotherapies, stem
cells, CAR-T cells and reproductive cells for clients worldwide.
Leading global companies, such as FedEx, UPS and DHL have each
separately selected Cryoport as the preferred cryogenic logistics
provider for time- and temperature-sensitive biological material.
Cryoport actively supports points-of-care, contract research
organizations, central laboratories, pharmaceutical companies,
contract manufacturers and university researchers.  The Company is
a Nevada corporation and its common stock is traded on the NASDAQ
Capital Market exchange under the ticker symbol "CYRX."

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

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

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


DALLAS CO. SCHOOLS: Moody's Cuts $708K Amended Notes Rating to C
----------------------------------------------------------------
Moody's Investors Service has downgraded the rating on Dallas
County Schools, TX's Amended and Restated Promissory Notes to C
from Ca, affecting $708,000 of outstanding debt. In addition,
Moody's affirms the district's B3 issuer long term rating and B3
underlying rating on the outstanding general obligation limited tax
(GOLT) bonds. The affirmation affects $36.6 million of outstanding
debt. The outlook remains negative.

RATINGS RATIONALE

The downgrade of the promissory notes to C reflects the ongoing
payment default on the notes and the expectation of significant
impairment to promissory note holders.

Affirmation of the B3 rating on the general obligation limited tax
(GOLT) bonds reflects the district's limited liquidity and ongoing
operating challenges until the district is dissolved on July 31,
2018. The B3 incorporates the continued levy of an ad valorem tax
sufficient to pay debt service on the GOLT bonds until they are
paid in full, which should result in full recovery to GOLT
bondholders.

The lack of a rating distinction between the GOLT bonds and the
issuer long term rating reflects the significant taxing margin
given the ample property tax revenues generated from the $0.10
maintenance and operating tax rate to pay debt service on the GOLT
bonds.

RATING OUTLOOK

The negative outlook reflects Moody's expectation the district's
low liquidity and limited ability to raise revenues could delay
payment of its obligations through the remainder of the current
school year; July 31, 2018. A default or delinquent payment of GOLT
debt service due June 1, 2018 or the prospect of a debt
restructuring resulting in a loss to GOLT bondholders could lead to
downward movement of the rating.

FACTORS THAT COULD LEAD TO AN UPGRADE

- Cash flows that illustrate sufficient liquidity to meet
   bondholder payments in full and on time

- Cessation of operations on July 31, 2018 resulting in stronger
   property tax revenues available to cover GOLT debt service

- Full payment of delinquent debt service owed to promissory note

   holders

- Improved expected recovery to promissory note holders

FACTORS THAT COULD LEAD TO A DOWNGRADE

- Failure to pay commitments on time and in full

- Debt restructuring that would impose a loss to GOLT bondholders

LEGAL SECURITY

The general obligation limited tax (GOLT) bonds are secured by and
payable from the proceeds of an annual ad valorem tax not to exceed
$0.10 per $1,000 of assessed value and levied on all taxable
property within Dallas County for maintenance and operations
purposes. Once the district is dissolved on July 31, 2018, Dallas
County will continue to levy an ad valorem tax on the district's
behalf sufficient to pay debt service on the GOLT bonds until they
are paid in full.

The promissory notes are payable from the gross revenues of the
enterprise funds and other legally available revenues, which
excludes property tax, state aid, and federal aid.

USE OF PROCEEDS

Not applicable.

PROFILE

In November 2017, a majority of Dallas County voters did not
approve a referendum to continue the operations of Dallas County
Schools. A dissolution committee appointed by the state comptroller
has assumed all financial decision making of the former Dallas
County Schools. The committee is required to continue providing
transportation services to member school districts through July 31,
2018. Per the dissolution legislation, transportation services to
member districts will cease and the committee will distribute
buses, vehicles and bus service centers to the member districts at
no cost. Dallas County will continue to levy an ad valorem tax
sufficient to pay debt service on the former Dallas County Schools
GOLT bonds until the bonds are paid in full.

The former Dallas County Schools did not provide student
instruction. Instead, the district provided various support
services to schools in and around Dallas County on a contractual
basis; primarily consisting of student transportation.


DAVID'S BRIDAL: Moody's Lowers CFR to Caa3; Outlook Negative
------------------------------------------------------------
Moody's Investors Service downgraded David's Bridal, Inc.'s
Corporate Family Rating ("CFR") to Caa3 from Caa2 and Probability
of Default Rating to Caa3-PD from Caa2-PD. Concurrently, Moody's
downgraded the company's senior secured term loan rating to Caa2
from Caa1, and senior unsecured notes rating to Ca from Caa3. The
outlook was changed to negative from stable.

"The downgrade and negative outlook reflect the increased
likelihood of a distressed exchange or other balance sheet
restructuring over the next 12-18 months, given David's Bridal's
lack of meaningful improvement in operating performance in 2017,
high leverage, and 2019 maturities, " said Moody's analyst Raya
Sokolyanska.

Moody's took the following rating actions for David's Bridal,
Inc.:

-- Corporate Family Rating, downgraded to Caa3 from Caa2

-- Probability of Default Rating, downgraded to Caa3-PD from
    Caa2-PD

-- $491 million ($520 million face value) senior secured term
    loan due October 2019, downgraded to Caa2 (LGD3) from Caa1
    (LGD3)

-- $270 million senior unsecured notes due October 2020,
    downgraded to Ca (LGD5) from Caa3 (LGD5)

-- Outlook, changed to Negative from Stable

RATINGS RATIONALE

David's Bridal's Caa3 CFR reflects the elevated risk of a
distressed exchange or other event of default given the company's
untenable capital structure with about 9 times total net leverage
(based on compliance certificate calculations) and near-term
maturities. David's Bridal's term loan matures in October 2019 and
its asset-based revolving credit facility has a springing maturity
of July 2019 should the term loan not be refinanced by then. Sector
headwinds including casualization and increased competition, as
well as company-specific execution issues and catch-up digital
investment, have driven a cumulative over 30% decline in earnings
since the peak in 2012. Moody's expects that any near-term earnings
improvement from lapping the 2016 website challenges and expansion
of DB Studio low-priced casual bridal gowns will be insufficient to
reduce leverage towards a sustainable level.

David's Bridal's fundamental value is supported by its
well-recognized banner, national footprint, and meaningful share of
the highly fragmented bridal gown market. Moody's expects the
company to have adequate liquidity in the next 12-18 months,
including modestly positive free cash flow generation and
sufficient availability under the $125 million asset-based
revolver.

The negative outlook reflects the elevated risk of a distressed
exchange or other balance sheet restructuring over the next 12-18
months.

The ratings could be upgraded if the company addresses its
maturities in a timely manner and achieves consistent growth in
revenue and EBITDA, while maintaining adequate overall liquidity.

The ratings could be downgraded if the risk of default increases or
Moody's recovery rate estimates deteriorate. The ratings could also
be downgraded if liquidity deteriorates for any reason.

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

David's Bridal, Inc. ("David's Bridal"), headquartered in
Conshohocken, PA, is a bridal retailer with 300 stores throughout
the U.S., 11 in Canada, and 4 in the UK. The company sells both
value-oriented wedding gowns at under $600 and higher price point
gowns up to $2,000, as well as other wedding- and special-occasions
apparel and accessories. Revenues for the twelve months ended
September 30, 2017 were approximately $740 million. The company has
been controlled by Clayton, Dubilier & Rice, LLC (75%) and Leonard
Green & Partners, L.P. (25%) since the October 2012 buyout from
Leonard Green & Partners, L.P.


DIAMONDBACK ENERGY: Egan-Jones Hikes Sr. Unsecured Ratings to BB+
-----------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 17, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Diamondback Energy Inc. to BB+ from BB.

Diamondback Energy, Inc. was founded in 2007 and is headquartered
in Midland, Texas. The Company is an independent oil and natural
gas company, focuses on the acquisition, development, exploration,
and exploitation of onshore oil and natural gas reserves in the
Permian Basin in West Texas.


DONCASTERS FINANCE: Bank Debt Trades at 3.67% Off
-------------------------------------------------
Participations in a syndicated loan under which Doncasters Finance
US LLC is a borrower traded in the secondary market at 96.33
cents-on-the-dollar during the week ended Friday, February 2, 2018,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.16 percentage points from the
previous week. Doncasters Finance pays 375 basis points above LIBOR
to borrow under the $159 million facility. The bank loan matures on
March 27, 2020. Moody's rates the loan 'B3' and Standard & Poor's
gave a 'B-' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
February 2.


DYNEGY INC: Egan-Jones Hikes LC Unsecured Debt Rating to B+
-----------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 23, 2018, upgraded the local
currency senior unsecured rating on debt issued by Dynegy Inc. to
B+ from B.

Headquartered in Houston, Texas, Dynegy Inc. produces and sells
electric energy, capacity, and ancillary services in the United
States.


ECLIPSE BERRY: U.S. Trustee Forms 7-Member Committee
----------------------------------------------------
The Office of the U.S. Trustee on Feb. 9 appointed seven creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 case of Eclipse Berry Farms, LLC.

The committee members are:

     (1) Crop Production Services Inc.
         Attn: Trish Pascoe
         P.O. Box 2757
         Boise, ID 83705
         Tel: (208) 286-6863
         Email: trish.pascoe@cpsagu.com   

     (2) BNSF Logistics, LLC
         Attn: Ron Edmundson
         2710 S. 48th Street
         Springdale, AR 72762
         Tel: (817) 310-7281
         Email: Ron.Edmundson@bnsflogistics.com

     (3) Coastal Cooling LLC
         Attn: Lawrence A. Snyder
         P.O. Box 1338
         Fremont, CA 94538
         Tel: (510) 656-2220
         Email: larrys@westernprecooling.com

     (4) TriCal, Inc.
         Attn: Vicente Blanco
         8100 Arroyo Circle
         Gilroy, CA 95020
         Tel: (831) 637-0195
         Email: ben.blanco@mac.com

     (5) Robert Mann Packaging Inc.
         c/o Douglas R. Balyeat
         1800-C Sarasota Parkway
         Conyers, GA 30013
         Tel: (678) 904-4168
         Email: dbalyeat@legal.prattindustries.com

     (6) John J. Jerue Truck Broker Inc.
         Attn: E. Luis Campano
         P.O. Box 33080
         Lakeland, FL 33807-3080
         Tel: (863) 607-5656
         Email: Lcampano@Jerue.com

     (7) Advanced Plant Nutrition LLC
         Attn: Ivaylo D. Datchev
         2888 Estates Drive
         Aptos, CA 95003
         Tel: (831) 239-4417
         Email: idatchev@apnllc.com

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

                    About Berry Eclipse Farms

Founded in 1999, Berry Eclipse Farms operates farms that produce
berry products. The company is based in Los Angeles, California.

Eclipse Berry Farms, LLC and its affiliates Harvest Moon Strawberry
Farms, LLC and Rosalyn Farms, LLC, filed Chapter 11 petitions (C.D.
Cal. Case Nos. 18-10443, 18-10453 and 18-10464, respectively) on
Jan. 16, 2018.  In the petition signed by CRO Robert Marcus,
Eclipse Berry Farms estimated $10 million to $50 million in assets
and less than $100 million in debt.

Hon. Barry Russell is the case judge.

The Debtors tapped Kevin H Morse, Esq. at Saul Ewing Arnstein &
Lehr LLP as counsel; and Murray Wise Capital LLC as financial
advisor.


ECLIPSE BERRY: Wants to Complete Transaction with Superior Fruit
----------------------------------------------------------------
Eclipse Berry Farms, LLC ("EBF"), and its affiliates ask the U.S.
Bankruptcy Court for the Central District of California to
authorize them to complete their transaction with Superior Fruit,
LLC in connection with the assumption of a majority of EBF's
leases, significant reimbursement and assumption of 2018 crop
expenses related to such leases, cash payments for the
reimbursement of labor related to such leases, purchase of certain
equipment, and purchase of certain inventory.

As their operations expanded, the Debtors began entering into
farming agreements with local farmers to ensure EBF's regional
farms were appropriately cared for by individuals with knowledge of
the local workers and conditions.  On June 26, 2016, EBF entered
into a Strawberry Farming Agreement with Robert Jones of West Coast
Berry, LLC ("WCB") for WCB to undertake and manage, inter alia, the
growing, harvesting, packing and handling of crops for certain EBF
leased farmland in Oxnard.  As of the Petition Date, both Debtors
and WCB asserted claims against the other for unpaid amounts
purported owed pursuant to the respective interpretation of the
Strawberry Farming Agreement.

The Debtors operations in Oxnard were operated out of a six-acre
parcel of real estate, commonly referred to as "Yard 6," where the
primary office, processing, shop and storage facilities for the
Oxnard operations were located.

On Jan. 14, 2017, EBF's remaining co-founder and Chairman, Wiviott
passed away.  At that time, their two members, the Gilfenbain
Family Trust and Ventura Strawberry Farms, Inc., decided to leave
the strawberry farming business and undertake a process to sell EBF
as a going-concern.

On March 22, 2017, the Debtors retained Murray Wise Capital, LLC
("MWC") to provide financial advisory services to EBF for the sale
of its strawberry growing, packing, and marketing businesses as a
going-concern.  In late-July 2017, Wells Fargo informed the Debtors
that Wells Fargo would no longer renew its long-standing $49
million lines of credit that were essential to their operations.
Shortly after Wells Fargo pulled the lines of credit, EBF's
financials showed a loss between $5-6 million for the first half of
2017.  As a result of its loss of financing and poor financial
results, all legitimate indications of interest were no longer
feasible as submitted for the purchase of the Debtors' assets as a
going concern.  They sought revised offers based on the material
change of circumstances but did not receive any.

On Sept. 6, 2017, with the consent of the respective managers and
members, the Debtors appointed Robert Marcus as Chief Restructuring
Officer ("CRO") to, inter alia, evaluate company operations and
implement procedures to maximize the recovery for all legally
interested parties.  Shortly after his appointment, with the
assistance of MWC, the CRO identified and began negotiations with
Jones and his subsequently organized affiliate Superior for the
assumption of certain agricultural leases, crop expense
reimbursement, and other potential asset purchases.

By Sept. 25, 2017, the CRO had agreed to terms with Superior that,
in summary, consisted of the assumption of a majority of EBF's
leases, significant reimbursement and assumption of 2018 crop
expenses related to such leases, cash payments for the
reimbursement of labor related to such leases, purchase of certain
equipment, and purchase of certain inventory.  A total of $5.5
million was paid to EBF prior to the Petition Date.

The details and values associated with the transaction are:

Asset to be Paid/Reimbursed/Assumed by Superior:        Amount

Reimbursement for Assigned Leases to Superior        $1,463,941
Processing Equipment and Inventory Purchase          $2,487,681
Farm Equipment Purchase                                $531,300
Packaging and I.P. Rights Purchase                     $300,000
Labor Reimbursement — Oxnard                           $515,000
Labor Reimbursement — Santa Maria                      $975,000
Labor Reimbursement — Salinas                          $827,214
2018 Paid Crop Reimbursement                           $370,288
2018 Yard 6 Lease Reimbursement (thru Jan. 31, 2018)    $10,000
                                                     -----------
Total to be Paid/Reimbursed by Superior:             $7,480,423
2018 Unpaid Crop Expense Assumption                  $2,687,664
                                                     -----------
Gross Value to the Bankruptcy Estates               $10,168,087

7 Credits to Superior for Amounts Paid/Assumed:          Amount
Amount Paid on 10/20/2017                           ($2,500,000)
Amount Paid on 12/11/2017                           ($3,000,000)
Assumption of Storage Costs Related to Inventory      ($199,935)
                                                     -----------
Net Total to be Paid by Superior:                    $1,780,488
                                                     ===========

The Debtors and Superior were attempting to complete the
transaction contemplated between EBF and Superior just prior to the
Petition Date.  However, due to certain threats made by Robert Mann
Packaging, Inc. that would have greatly prejudiced the Debtors'
assets and creditors' recovery, the Debtors were forced to file for
relief before the transaction could be completed.  

The terms of the transaction that remain to be completed are:

     a. Superior will pay EBF the remaining $1,780,489;

     b. EBF will assume and assign the "Yard 6" lease to Superior
and Superior will assume all liability beginning Feb. 1, 2018;

     c. Superior will continue to permit EBF to store its
historical books and records without charge in an intermodal
storage unit and will also store remaining vehicles awaiting
pick-up at "Yard 6" or other agreed location until further order of
the Court authorizing EBF to destroy such records.  At such time,
Superior will be entitled to keep the intermodal storage unit
without cost;

     d. EBF will assign all intellectual property rights to
Superiors and transfer GSI US, Inc. prefix 852298002 (i.e., the
Debtors' UPC code);

     e. EBF will, upon closing, provide Superior with all documents
necessary to effectuate the transaction, including, but not limited
to, bills of sale for the farming equipment, processing equipment,
frozen inventory, and packaging inventory subject to this
transaction, I.P. rights, and UPC code.

     f. Superior will be assigned and assume all remaining unpaid
2018 crop expenses related to the leases assumed, which total
$2,687,664;

     g. Superior will pay all outstanding storage costs owed for
frozen inventory in possession of Central Cold Storage, LLC and
Terminal Freezers, LLC, and reimburse the Debtors for any
post-petition payments for storage of the frozen inventory; and

     h. WCB, Superior, and Debtors will release each other of any
and all claims, causes of action, or any other liability arising
from the Strawberry Farming Agreement and prepetition default of
the Superior transaction.

Undoubtedly, a sound business purpose justifies closing the
transaction with Superior based on the temporal limitations,
resource requirements, and fair market value of the transaction,
which will net the estates in total $7,000,000+ in cash and the
release of $10,000,000+ more in liability.  The Debtors believe
that the terms of the transaction with Superior are fair and
reasonable and in the best interest of the estate.

VSF consents to the Superior transaction free and clear of liens,
claims, interests, and encumbrances, as set forth in the Motion,
and the Debtors ask authority to transfer the farming equipment,
processing equipment, and packaging inventory free and clear of
liens, claims, interests, and encumbrances, except as set forth.

The Debtors' proposed assumption and assignment of the Yard 6 lease
and of the remainder of the unpaid 2018 crop expenses is well
within their business judgment and will benefit all creditors of
the bankruptcy estates.  Superior's assumption of the unpaid 2018
crop expenses forever releases and discharges the Debtors of any
liability for these debts.  The Debtors will have no liability for
any unpaid 2018 crop expenses.

EBF asks a waiver of the 14-day stay of any order approving the
Motion and asks that the transaction as set forth be immediately
approved.

Counsel to Ventura Strawberry Farms:

          Alan I. Nahmias, Esq.
          MIRMAN, BUBMAN & NAHMIAS LLP
          21860 Burbank Boulevard, Suite 360
          Woodland Hills, CA 91367-7406

                    About Berry Eclipse Farms

Founded in 1999, Berry Eclipse Farms operates farms that produce
berry products.  The company is based in Los Angeles, California.

Eclipse Berry Farms, LLC and its affiliates Harvest Moon Strawberry
Farms, LLC and Rosalyn Farms, LLC, filed Chapter 11 petitions (C.D.
Cal. Case Nos. 18-10443, 18-10453 and 18-10464) on Jan. 16, 2018.
In the petition signed by CRO Robert Marcus, Eclipse Berry Farms
estimated $10 million to $50 million in assets
and less than $100 million in debt.

The Hon. Barry Russell is the case judge.

The Debtors tapped Kevin H Morse, Esq. at Saul Ewing Arnstein &
Lehr LLP as counsel; and Murray Wise Capital LLC as financial
advisor.


EDGEWELL PERSONAL: Egan-Jones Lowers Unsecured Debt Ratings to BB-
------------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 22, 2018, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Edgewell Personal Care Co to BB- from BB+.

Edgewell Personal Care is an American consumer products company
based in Chesterfield, Missouri. The company was formed in 2015
following the corporate split of Energizer Holdings.


ELMIRA CITY: Moody's Lowers LT Issuer and GOLT Ratings to Ba3
-------------------------------------------------------------
Moody's Investors Service has downgraded the City of Elmira, New
York's long-term Issuer and GOLT ratings to Ba3 from Ba2.
Concurrently, the outlook has been revised to stable from
negative.

RATINGS RATIONALE

The downgrade to Ba3 reflects the continued deterioration of the
city's finances, elevated debt, limited tax base, and low resident
wealth and incomes. The Ba3 also reflects the long time horizon of
management's long-term recovery plan.

RATING OUTLOOK

The stable outlook reflects Moody's expectation that while the city
is taking steps to combat its weak position, including planning a
substantial tax increase, the financial situation will remain
markedly strained for the near to medium term.

FACTORS THAT COULD LEAD TO AN UPGRADE

- Significant growth of the tax base and resident wealth and
   incomes

- Improved financial operations which allow the replenishment of
   reserves

- Improvement in liquidity and decreased reliance on cash flow
   borrowing

FACTORS THAT COULD LEAD TO A DOWNGRADE

- Significant increase in debt, including in cash flow borrowing

- Continued decline in liquidity and reserves

- Material contraction of tax base or resident wealth and incomes

LEGAL SECURITY

The bonds are secured by the city's general obligation pledge as
limited by the Property Tax Cap-Legislation (Chapter 97 (Part A) of
the Laws of the State of New York, 2011), unless overridden by the
City Council.

PROFILE

The City of Elmira is located in Chemung County (A1), in New York
State's (Aa1 stable) Southern Tier region. The city had a
population of 29,200 as of the 2010 census cycle.

RATING METHODOLOGY

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


EMPIRE RENTALS: Unsecured Creditors' Recovery Increased to 90%
--------------------------------------------------------------
Empire Rentals, LLC files with the U.S. Bankruptcy Court for the
District of Minnesota its first disclosure statement describing its
chapter 11 plan of reorganization.

The Debtor owes approximately $42,500 to general unsecured
creditors under Class 4. The Debtor proposes to pay them 90% of
their allowed unsecured claims ($38,250), at an interest rate of
zero percent (0.0%), payable as follows: $1593.75 paid monthly for
twenty-four months, with the first payment being due 10 days after
the Effective Date, for a total amount paid of $38,250. Class 4 is
impaired by the Plan.

The Debtor pursues the Plan to continue its business operations
subsequent to approval of its Plan of Reorganization. The Debtor
will make payments due under the Plan from business operations. The
Debtor does not require any capital infusion or additional loans,
and anticipates no adverse tax consequences to it as a result of
the Court confirming the Plan of Reorganization.

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

             http://bankrupt.com/misc/mnb17-31929-41.pdf

                      About Empire Rentals

Empire Rentals, LLC, a single asset real estate as defined in 11
U.S.C. Sec. 101(51B), has fee simple interests in real properties
located in Vermillion Township, Minnesota, valued at $2.82 million.
Empire Rentals filed a Chapter 11 petition (Bankr. D. Minn. Case
No. 17-31929) on June 9, 2017.  Vernon Napper, chief manager,
signed the petition.  The Debtor disclosed $3.22 million in total
assets and $1.71 million in total liabilities.  The Hon. Kathleen
H. Sanberg presides over the case.  John D. Lamey, III, Esq., at
Lamey Law Firm, P.A., serves as bankruptcy counsel.


ENDLESS SALES: Unsecured Claims Totals $384K Under Plan
-------------------------------------------------------
Endless Sales, Inc., files with the U.S. Bankruptcy Court for the
District of Colorado a Disclosure Statement to accompany its Joint
Plan of Reorganization dated January 22, 2018.

Class 5 is comprised of non-priority unsecured claims. The Debtor
expects total allowed unsecured claims to be approximately
$384,451. Under the Plan, Class 5 claimants will be entitled to
elect one of two options:

Option 1: Class 5 claimants electing Option 1 will receive a cash
payment in the amount of 25% of their allowed claim within sixty
days of the Effective Date of the Plan.

Option 2: Class 5 claimants electing Option 2 will receive a pro
rata distribution of monthly payments in an amount necessary to pay
their claims in full over three years from the Effective Date of
the Plan.

Class 5 claimants are required to make their election at the time
of submitting a vote to accept or reject the Debtor's Plan. If a
Class 5 claimant does not make an election, the Class 5 claimant
will receive Option 1 by default. Additionally, on or before the
Effective Date of the Plan, the Debtor will obtain an agreement
from Brian Firkins that he will waive distribution on account of
his Class 5 Claim.

The feasibility of the Debtor's Plan is supported by its
post-petition operations. Since the Petition Date, the Debtor has
consistently generated a net profit and has continued to expand its
operations while maintaining payments to BBVA Compass Bank, NA and
BMO Harris Bank. The Debtor also has sufficient cash on hand to
service all payments necessary following confirmation of the Plan.


The Debtor assumes that all unsecured creditors elect Option 1 or
receive Option 1 by default, the Debtor will be required to pay
$419,730 for the Class 3 Claim of BBVA Compass Bank and Class 5
Claims, in addition to any amounts necessary to pay administrative
and priority claims. The Debtor's cash balance on November 30, 2017
was $661,976, and the Debtor anticipates that this amount will
remain relatively stable through Plan confirmation. As such, the
Debtor anticipates having sufficient cash on hand to satisfy all
payments needed under the Plan.

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

            http://bankrupt.com/misc/cob17-11037-204.pdf

                       About Endless Sales

Based in Denver, Colorado, Endless Sales, Inc., is engaged in
buying, refurbishing and reselling used forklifts, and designs and
manufactures its own line of forklifts.  

Endless Sales, which conducts business under the name of Discount
Forklift, Discount Forklift Brokers and Octane Forklifts, filed a
Chapter 11 petition (Bankr. D. Colo. Case No. 17-11037) on Feb. 13,
2017.  The petition was signed by Brian Firkins, president.

The Debtor disclosed total assets of $2.56 million and total
liabilities in the amount of $1.78 million.

The case is assigned to Judge Elizabeth E. Brown.  

The Debtor is represented by Jeffrey S. Brinen, Esq., and Keri L.
Riley, Esq., at Kutner Brinen, P.C.  

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


ESCALERA RESOURCES: Selling Marianne Field Assets to Chaco for $40K
-------------------------------------------------------------------
Escalera Resources Co. asks the U.S. Bankruptcy Court for the
District of Colorado to authorize the private sale of its small
working interests in certain oil and gas wells and leases located
in Sweetwater County, Wyoming ("Marianne Field Assets") to Chaco
Energy Co. for $40,000, subject to adjustments.

The Marianne Field Assets are not included in the potential sale of
the Debtor's coal bed methane ("CBM") Atlantic Rim assets.  The
Marianne Field Assets consist of the Debtor's interests in and to
the following: (i) those certain Leases, which term includes
various oil and gas leases, working interests, units and
participating areas located in or on the Properties; (ii) all oil,
gas, water and injection wells located in or upon the Properties;
(iii) any currently existing pools or units which include any
Lands, all or part of any Leases or any Wells including those pools
or units shown on Exhibit A-2 to the PSA; (iv) all Hydrocarbons
produced from or attributable to the Leases, Lands and Wells from
and after the Effective Time; and (v) records associated with the
foregoing.  The Marianne Field Assets do not make up a material
portion of the assets, business or operations of the Debtor.

In late 2016, the Debtor engaged and as approved by Court order, it
retained Seaport Global Securities, LLC, an experienced investment
banking and financial firm, to market and to sell substantially all
of its assets via a stalking horse bidder and auction.  These
assets are primarily CBM assets located in a portion of Wyoming
referred to as the Atlantic Rim.  However, the Debtor also owns
interests in other wells and properties outside the Atlantic Rim
area, including the Marianne Field Assets, which were also included
in the initial marketing process.

Last winter, Seaport Global conducted an exhaustive marketing
process.  By March 1, 2017, three bids were received for
substantially all of the Debtor's assets.  During this process,
several things became apparent.  First, Warren Resources, Inc.,
which the Debtor considered the most likely buyer of the Debtor's
properties, would not be a bidder.  Second, some prospective buyers
indicated an interest in acquiring Warren's interests in the
Spyglass Hill Unit (also in the Atlantic Rim), in effect as a
condition to purchase of the Debtor's properties.  However, little
to no interest was expressed in the Debtor's non-CBM assets.   

Warren indicated an interest in selling its interest in the
Spyglass Hill Unit.  Accordingly, Debtor and Warren commenced
discussions through Seaport Global about a joint sale effort.
These discussions ultimately led to a Stipulation between Warren
and Debtor dated April 14, 2017, which the Court approved by Order
dated June 1, 2017.  Among other things, the parties agreed to
jointly market their Atlantic Rim properties.

The Debtor's non-CBM assets were not included in the joint sale
process.  The Debtor and Seaport Global split these assets in
several different packages, with the Marianne Field Assets being
part of a larger package, and in July 2017 Seaport Global listed
all of these packages for sale on the Petroleum Listing Service
("PLS").  

As a result of the PLS listing, on Nov. 6, 2017, the Debtor
received an offer from Chaco, a private oil and gas corporation
located in Denver, Colorado, to purchase the Marianne Field Assets.
Chaco is the operator of all but one of the wells.  No other
offers were received.  After negotiations, the Debtor and Chaco
entered into a Purchase and Sale Agreement executed Jan. 16, 2018,
but effective on July 1, 2017, subject to the Court approval.

The material terms of the PSA and the proposed Sale Order are:

     a. Purchase Price: The purchase price for the Marianne Field
Assets is $40,000, payable in full upon Closing and subject to
certain adjustments.  The PSA does not require an earnest money
deposit.

     b. Sale Free and Clear of Liens: The Marianne Field Assets are
being sold "as is, where is" without warranty of any kind, except
as provided in the PSA, and free and clear of all liens, claims and
encumbrances, with those Interests attaching to the net sale
proceeds of the Marianne Field Assets.

     c. Releases: The PSA contains a "Limitation on Damages"
clause, in which both Debtor and Chaco waive any and all claims
either party may have against the other for punitive damages, or
their respective consequential or indirect damages in connection
with the PSA and the transactions contemplated therein regardless
of fault.

     d. Private Sale: The PSA does not contemplate an auction.

     e. Closing: The Closing of the transaction must occur no later
than 15 days after entry of the Sale Order.

     f. Use of Proceeds: As requested later in this Motion, the
proposed Sale Order includes a provision authorizing the Debtor to
pay the Prepetition Taxes to the Sweetwater County, Wyoming
Treasurer at Closing.  Such payment will prevent the further
accrual of interest at 18% per annum on such claim.  The Debtor may
also pay at Closing the Postpetition Taxes which are accrued and
payable, since they are administrative expenses which are to be
paid in the ordinary course of business.

     g. Relief from Bankruptcy Rule 6004(h) and 6006(d): As
requested later in the Motion, the proposed Sale Order contains a
provision that such order will become effective immediately upon
entry pursuant to Bankruptcy Rules 6004(h) and 6006(d), rather than
being stayed until the entry of 14 days after the entry of the Sale
Order.

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

    http://bankrupt.com/misc/Escalera_Resources_550_Sales.pdf

The Marianne Field Assets are being sold subject to these liens,
claims and encumbrances:

     a. Royalties and overriding royalties, reversionary interests
and other burdens;

     b. All leases, unit agreements, pooling agreements, operating
agreements, Hydrocarbon production sales contracts, division orders
and other contracts, agreements and instruments applicable to the
Marianne Field Assets;

     c. Transfer Requirements applicable to the Marianne Field
Assets;

     d. Liens for current Taxes or assessments not yet delinquent
(or, if delinquent, (i) being contested in good faith by
appropriate actions, or (ii) which will attach to the sale proceeds
at Closing pursuant to the Sale Order);

     e. Materialman's, mechanic's, repairman's, employee's,
contractor's, operator's and other similar liens or charges arising
in the ordinary course of business for amounts not yet delinquent,
or, if delinquent, (i) being contested in good faith by appropriate
actions, or (ii) which will attach to the sale proceeds at closing
pursuant to the Sale Order;

     f. Rights of reassignment arising upon final intention to
abandon or release the Marianne Field Assets, or any of them;

     g. Easements, rights-of-way, servitudes, permits, surface
leases and other rights in respect of surface operations;

     h. All rights reserved to or vested in any Governmental Body
to control or regulate any of the Marianne Field Assets in any
manner and all obligations and duties under all applicable Laws, or
under any franchise, grant, license or permit issued by any such
Governmental Body;

     i. Any encumbrance on or affecting the Marianne Field Assets
which Chaco expressly assumes, bonds or pays at or prior to Closing
or which Debtor discharges at or prior to Closing;

     j. Calls on Hydrocarbon production under existing Contracts;

     k. Any other liens, charges, encumbrances, defects or
irregularities which do not, individually or in the aggregate,
materially interfere with the use or ownership of the Marianne
Field Assets subject thereto or affected thereby (as currently used
or owned), which would be accepted by a reasonably prudent
purchaser engaged in the business of owning and operating oil and
gas properties; and

     l. Liens granted under applicable joint or unit operating
agreements.

These parties may have a claim in Interest in the Marianne Field
Assets:

     a. Societe Generale, as Administrative Agent for the senior
secured lenders.  The Debtor is a party to a Credit Agreement dated
as of Aug. 29, 2014, with certain senior secured lenders, including
Societe Generale.  As of the Petition Date, the Debtor was indebted
to such lenders for not less than: (i) $36,886,300 in aggregate
principal amount; (ii) accrued and unpaid interest and fees of
$389,641; and (iii) additional amounts claimed as owed under the
credit facility.  As of the Petition Date, the Credit Facility was
collateralized by substantially all of the Debtor's oil and gas
producing properties and substantially all other assets.

     b. Sweetwater County, Wyoming Treasurer

On Dec. 2, 2015, the Court entered the Final Cash Collateral Orde.
As described in the Final Cash Collateral Order, as security for
the Adequate Protection Obligations, the senior secured lenders
have a valid, binding, continuing, enforceable, fully-perfected
perfected, non-voidable first priority lien and/or replacement lien
on, and security interest in, among other things, all of the
Debtor's rights in tangible and intangible assets.

Societe Generale, as Administrative Agent for the senior secured
lenders, has consented to the sale.  The Sweetwater County, Wyoming
Treasurer is owed prepetition taxes on the subject properties of
$211 plus accrued interest for gross proceeds-ad valorem taxes due.
It is also owed postpetiton taxes on such properties totaling
$165.  The Debtor asks authority to pay the Prepetition Taxes at
Closing.  Such payment will prevent the further accrual of interest
at 18% per annum on such claims.

The Debtor is unaware of any other Interests encumbering the
Marianne Field Assets.  It is unaware of any holder of a
Preferential Purchase Right that applies to the sale.

The Debtor asks that the order approving the Motion becomes
effective immediately upon entry pursuant to Bankruptcy Rules
6004(h).

The Purchaser:

          CHACO ENERGY CO.
          P.O. Box 1587
          Denver, CO 80201
          Telephone: (303) 744-1480
          Facsimile: (303) 744-1428
          E-mail: kurt@chacoenergy.com

                     About Escalera Resources

Headquartered in Denver, Colorado, Escalera Resources Co.
(OTCMKTS:ESCRQ) is an independent energy company engaged in the
exploration, development, production and sale of natural gas and
crude oil, primarily in the Rocky Mountain basins of the western
United States.  Escalera was incorporated in Wyoming in 1972 and
reincorporated in Maryland in 2001.  As of October 2015, the
Company had 22 employees, none of whom are subject to a collective
bargaining agreement.

Escalera Resources filed for Chapter 11 bankruptcy protection
(Bankr. D. Colo. Case No. 15-22395) on Nov. 5, 2015.  In the
petition signed by CFO Adam Fenster,
Escalera disclosed total assets of $97.7 million and total
liabilities of $67.7 million as of June 30, 2015.

Judge Thomas B. McNamara is assigned to the case.

The Debtor hired Onsager Guyerson Fletcher Johnson as bankruptcy
counsel; Hein & Associates, LLP, as accountants; Lindquist & Vennum
LLP, as special counsel in connection with the Humphrey litigation;
Jones & Keller, P.C., as special counsel for general corporate and
securities matters; Williams, Porter, Day & Neville, P.C. as
special counsel in the pursuit of a tax refund from the State of
Wyoming; and Seaport Global Securities LLC as investment banker.

On Nov. 13, 2015, the U.S. Trustee appointed an Official Unsecured
Creditors Committee.  

The Creditors Committee filed a motion to appoint a chapter 11
trustee on Oct. 16, 2016.  The Debtor filed a response, and the
parties informally agreed to put the matter on hold while Debtor
obtained and hired financial advisors to conduct a sale process and
file a new Plan.


FAIRGROUNDS PROPERTIES: BC Buying Hurricane Property for $89K
-------------------------------------------------------------
Fairgrounds Properties, Inc., asks the U.S. Bankruptcy Court for
the District of Utah to authorize the private sale of the real
property described as H-FAIR-14 located in Hurricane, Washington
County, Utah, to BC Creative Woodworks, LLC for $89,000, subject to
higher and better offers.

In 2007, the Debtor purchased 86 acres of real property located in
Hurricane, Utah, and developed it into industrial lots and then
sold them further construction and development by purchasers.
Though various sales over the years, as of the petition date, the
Debtor is left with approximately 31 acres, which have been divided
up into 19 lots.  The Debtor has completed the entire
infrastructure of remaining land including; completion of gutters,
paved entries and water/sewer.

Relevant to the Motion is lot 14 which is described as: "Lot 14
Fairgrounds Industrial Park, according to the Official Pat thereof,
on file in the Office of the Recorder of Washington County, State
of Utah."

The following pre-petition liens exist against the Lot 14 are: (i)
unpaid property taxes; (ii) Deed of Trust in favor of Town &
Country Bank, recorded Dec. 17, 2008, as entry number 20080048001;
(iii) Deed with Assignment of Rents in favor of Fairgrounds
Industrial Park, LLC, recorded April 06, 2007, as entry number
20070017678; and (iv) Deed of Trust in favor of Dakota Aggregate
LLC, recorded Feb. 24, 2014, as entry number 20140005359.

Cushman & Wakefield ("C & W") has marketed the Property for private
sale pursuant to a listing agreement from April 1, 2014.  It has
actively marketed the Property, including Lot 14 for private sale
pursuant to industry standards.   Subject to Bankruptcy Court
approval, on Nov. 02, 2017, the Debtor entered into the Sale
Agreement to sell Lot 14 to the Buyer.

The salient terms of the Agreement are:

     a. The purchase price if $89,000.

     b. The Buyer has made an earnest money deposit in the amount
of $1,000.

     c. The sale of Lot 14 is conditioned on the Court's entry of
an Order approving the Sale.

     d. The Settlement and close of the transaction will occur once
the Order is entered.

     e. The Debtor asks that the Court waives the 14-day appeal
period.

     f. The sale of the Property is "as is" with no representation
or warranties by the Debtor, except that the Debtor has authority
to enter into the Sale Agreement and sell the Property with Court
approval and will seek approval of the sale free and clear of liens
and interests.

     g. Authorize a break-up fee in favor of the Buyer of $5,000.

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

    http://bankrupt.com/misc/Fairgrounds_Properties_40_Sales.pdf  

In order to induce the Buyer to expend additional time, resources,
and uncertainty in submitting a "stalking horse" bid, the Debtor
agreed to provide, and to ask the Court's approval of the Break-Up
Fee.  It asks entry of an order approving the Break-Up Fee, which
is comprised of a break-up fee of $5,000, if Lot 14 is sold to a
party other than Buyer.

The proposed sale of Lot 14 is a private sale, and it is
anticipated that it will close in accordance with the terms of the
Sale Agreement.  However, the sale of Lot 14 is subject to higher
and/or better offers.  The Debtor will consider all written offers
for the purchase of Lot 14 made prior to the expiration of the
deadline set forth in the Notice of Hearing filed concurrently with
the Motion.

Upon closing of the sale, whether to the Buyer or to a person who
has submitted a higher and/or better offer, the Debtor will file a
Notice of Sale with the Court that provides information typically
required under Federal Rule of Bankruptcy Procedure 6004(f).  In
the event that a higher and/or better offer is received and
accepted for the sale of Lot 14, approval of the sale to the Buyer
will be deemed to be approval of the sale to the person submitting
the higher and/or better offer, with the Notice of Sale providing
an itemization of amounts obtained by the Debtor, as well as the
Break-Up Fee to the Buyer.

Following close of the sale of Lot 14, the Debtor anticipates
paying from the gross proceeds of the sale the costs of sale, which
will include a 6% commission as set forth in the Listing
Agreement.

The Debtor asks permission to pay (i) all unpaid property taxes
from the sale proceeds as they are secured by Lot 14 pursuant to
Utah law; (ii) PIB the remainder of the funds after paying costs
and taxes; (iii) 6% commission; and (iv) outstanding real property
taxes.

Fairgrounds Industrial Park, LLC has agreed to voluntarily release
its deed against Lot 14, and it will remain of record against the
rest of the Property with the same rights and priority, if any, as
it had on the Petition Date.  

The Debtor proposes to sell Lot 14 free and clear of this lien as
it is an avoidable transfer under 11 U.S.C. Section 544 and the
Uniform Fraudulent Transfer Act as adopted in Title 25 Chapter 6 of
the Utah Code.  Specifically, under Utah Code Ann. Sections
2-6-202(b) and 305(2) a transfer is avoidable if the debtor
incurred the obligation without receiving reasonable equivalent
value at a time when the Debtor was insolvent.  Furthermore, the
transfer was made within four years of the Petition Date.  The
Debtor was in a bankruptcy at the time of the transfer and did not
receive reasonable equivalent value for the transfer as the
obligation satisfied by allowing the transfer was an obligation of
Brett John personally and not that of the Debtor.

The Debtor asks the Court to waive the 14-day appeal period.

                 About Fairgrounds Properties

In 2007, Fairgrounds Properties, Inc., purchased 86 acres of real
property located in Hurricane, Utah.  It developed the property
into industrial lots and then sold them further construction and
development by purchasers.  Through various sales over the years,
as of Oct. 25, 2017, Fairgrounds is left with 31 acres, which have
been divided up into 19 lots.  The Company has completed the entire
infrastructure of remaining land including; completion of gutters,
paved entries and water/sewer.

The company previously sought bankruptcy protection (Bankr. D. Utah
Case No. 11-26803) in 2011.  Fairgrounds Properties' prior Plan of
Reorganization dated Dec. 8, 2011, was confirmed by Judge William
T. Thurman at the confirmation hearing held on April 5, 2012.

Fairgrounds Properties filed a Chapter 11 petition (Bankr. D. Utah
Case No. 17-29271) on Oct. 25, 2017.  In the petition signed by
Robert C. Stevens, its president, the Debtor estimated $1 million
to $10 million in both assets and liabilities.  Darren B. Neilson,
Esq., at Neilson Law, LLC, serves as bankruptcy counsel to the
Debtor.  Cushman & Wakefield is the Debtor's realtor.


FUN CITY AMUSEMENTS: Kennedy Buying All Assets for $250K
--------------------------------------------------------
Fun City Amusements, LLC, asks the U.S. Bankruptcy Court for the
District of Maryland to authorize the private sale of substantially
all assets to Lorraine Kennedy for $250,000.

A hearing on the Motion is set for March 2, 2018 at 11:30 a.m.  The
objection deadline is Feb. 23, 2018.

Under a Lease Agreement dated Aug. 25, 2014, the Landlord, FRP
Transit Business Park, LLC, leased the Premises known as 3131
Washington Boulevard Baltimore, Maryland to Works Fun Center, LLC,
for use as an Amusement Center.  

On Nov. 12, 2014, the Landlord, Fun City, LLC and Works Fun Center,
executed a First Amendment to Lease whereby the Landlord agreed to
substitute Fun City, LLC as the tenant under the Lease in the place
of Works Fun Center.  Pursuant to an Assignment of Lease dated Dec.
3, 2015, Fun City, LLC assigned the Lease to the Debtor.

On Dec. 6, 2017, the Landlord filed a Motion to Lift Stay and on
Feb. 2, 2018, the Debtor and the Landlord filed a Motion for
Miscellaneous Relief with a Consent Order resolving the Motion to
Lift Stay.

The Debtor has entered into a contract of sale of substantially all
of its assets to the Buyer by March 5, 2018 for $250,000, and the
sale is conditioned upon the requirement that the Debtor assign its
lease hold interest to the Buyer and the Landlord approve the sale
and assignment of lease.  The Court's approval is required to
effect the sale of substantially all of the assets and for the
assumption and assignment of the lease.  The sale will be free and
clear of all claims, liens, mortgages, security interests, charges,
encumbrances, and other interests of record, including tax liens.
All encumbrances will attach to the Debtor's proceeds of the sale.

The Debtor asks the Court to approve the assumption and assignment
of the lease with the Landlord, and to authorize it to make
payments from the sale proceeds.

It is expected that there will be adequate funds from the sale
proceeds from which distributions will be made for claims and
administrative expenses.  A notice of the Motion is being filed to
be served on all creditors of record and all notice recipients.

The Landlord:

          FRP TRANSIT BUSINESS PARK, LLC
          Care of FRP Development Corporation
          34 Loveton Circle, Suite 200
          Sparks Glencoe, MD 21152

Counsel for the Debtor:

          Chidi Onukwugha, Esq.
          ONUKWUGHA & ASSOCIATES, LLC
          729 East Pratt Street, Suite 560
          Baltimore, MD 21202
          Telephone: (410) 342-1120
          E-mail: Attorneyonukwugha@gmail.com

                   About Funcity Amusements

Funcity Amusements, LLC, sought Chapter 11 protection (Bankr. D.
Md. Case No. 16-26159) on Dec. 1, 2017.  In the petition signed by
Carolyn Prat, president, the Debtor estimated assets and
liabilities in the range of $100,001 to %500,000.  The Debtor
tapped Chidiebere Onukwugha, Esq., at Onukwugha & Associates, LLC
as counsel.


GEM ACQUISITION: S&P Puts 'B' ICR on Watch Neg on Stone Point Deal
------------------------------------------------------------------
S&P Global Ratings said it placed all of its ratings, including its
'B' long-term issuer credit rating on Genex Holdings Inc. and
parent company Gem Acquisition Inc. (collectively Genex), on
CreditWatch with negative implications.

The CreditWatch placement follows Genex's announcement that it has
reached a definitive agreement with Stone Point Capital that will
give funds managed by the private equity firm a majority stake in
the company. Stone Point was the previous majority owner of Genex
until 2014 when it sold it to existing owner Apax Partners. Terms
of the transaction were not disclosed. Genex is a leading provider
of cost containment services to the workers' compensation,
disability, and auto industries.

Credit Watch

S&P will monitor developments related to this transaction and
expect to resolve the CreditWatch listing shortly following a
review of the new financial sponsor's operating plans and financial
policy objectives, as well as Genex's new capital structure.


GREEN FIELD: Court Narrows Claims in Trustee Suit vs Moreno, et al.
-------------------------------------------------------------------
Bankruptcy Judge Kevin Gross of the U.S. Bankruptcy Court for the
District of Delaware addresses the claims of Alan Haperin, in his
capacity as Trustee of the GFES Liquidation Trust, in the case
captioned ALAN HALPERIN, AS TRUSTEE OF THE GFES LIQUIDATION TRUST,
Plaintiff, v. MICHEL B. MORENO; MOR MGH HOLDINGS, LLC; MOR DOH
HODLINGS, LLC; SHALE SUPPORT SERVICES, LLC; DYNAMIC GROUP HOLDIGNS,
LLC; DYNAMIC INDUSTRIES, INC.; FRAC RENTALS, LLC; TURBINE
GENERATION SERVICES, LLC; AERODYNAMIC, LLC; CASAFIN II, LLC; MORENO
PROPERTIES, LLC; ELLE INVESTMENTS, LLC; LQT INDUSTRIES, LLC (k/a
DYNAMIC ENERGY SERVICES INTERNATIONAL LLC, Defendants, Adv. Pro.
No. 15-50262 (KG) (Bankr. D. Del.).

Halperin, brought a motion for partial summary judgment against
Michel B. Moreno, MOR MGH Holdings, LLC, Aerodynamic, LLC, Casafin
II, LLC, Frac Rentals, LLC, and Turbine Generation Services, LLC.
From the 35 count amended complaint, the Trustee moved for summary
judgment on his breach of contract claims (Counts 11 and 12);
tortious interference with contract claims (Count 14); preference
action claims (Counts 19, 21, 23, and 24); objections to proofs of
claim from the recipients of preferential transfers (Count 29);
objections to Moreno's bankruptcy proofs of claim (Counts 30 and
31); and declaratory judgment claims (Counts 34 and 35).

In response to the Trustee's Motion, Defendants filed a
cross-motion seeking partial summary judgment on the preference
claims (Counts 19, 21, 23, and 24), and moved to deny the Trustee's
Motion on all remaining counts.

From 2011 to 2013, the Trustee argues that Moreno, in both his
personal capacity and capacity as a director, manager or otherwise,
continually acted in his best interest to the detriment of GFES,
its affiliated entities and its creditors. Through these
self-interested actions, Moreno allegedly caused significant harm
to GFES by breaching contracts, making preferential transfers and
using company funds and opportunities for his own personal gain.
Defendants sternly object to the all allegations lodged against
Moreno and the other entities, and in turn argue that the alleged
preferential transfers are unavoidable. It should be noted that
Defendants only filed a cross-motion for summary judgment. With
regard to the preferential transfer allegations (Counts 19, 21, 23,
and 24), with the remaining counts Defendants argue that the
Trustee has not met his burden and that those issues should proceed
to trial.

The Trustee asserts that GFES was harmed in the amount of
$5,961,923 and $10,000,000 by MOR MGH and MMR not performing their
obligations of the 2012 share purchase agreement (“SPA”) and
2013 SPA, respectively. Defendants counter that GFES was not harmed
by MOR MGH and MMR failing to satisfy the SPAs because Moreno was
still infusing GFES with liquidity.

The Trustee's breach of contract claims is founded upon the failure
of GFES to receive the payments promised in the SPAs. Missing from
the argument, however, is how the failure to pay affected GFES's
economic position. The Trustee points out that Defendants' argument
regarding Moreno's additional personal contributions outside the
SPAs may be misstated, with many of those contributions not being
"personal" at all, but instead requirements under the Tri-Party
Agreement or the 2012 SPA. At this stage in the proceeding, the
Court is unsure of how funneling the monies used for the Tri-Party
Agreement to pay the SPAs would have otherwise benefitted GFES.
From facts cited by each party, it is clear that in 2012 the
fracking industry began to deteriorate, causing GFES to face
substantial difficulties and to seek additional funding through the
SPAs to provide the company with much needed liquidity. This
pattern continued after the SPAs were signed (and even breached).
During GFES's effort to achieve liquidity, Moreno, wearing several
hats for several different entities, sought funding in different
ways. The Court is unsure what the consequences would have been had
MOR MGH and MMR satisfied the SPAs.

The corporate structure of GFES and its interplay with Defendants
is complicated. While the Court agrees with the Trustee that
certain monies were not paid as required by the SPAs, the Trustee
has not presented enough evidence to show that awarding damages
would make GFES whole.

The Trustee has not met his burden in showing that GFES was damaged
by Defendants' failure to satisfy the requirements under the SPAs
and summary judgment is therefore denied.

The Trustee also asserts that Moreno in his personal capacity
tortiously interfered with the performance by MOR MGH of the SPAs.
Throughout his opening brief and reply brief, the Trustee spends
many pages describing Moreno's actions from 2010 to 2013, and
arguing how those actions were contrary to the best interests of
GFES. These facts (many of which are disputed) may demonstrate
Moreno's performance, but absent in the Court's view is evidence of
malicious behavior and a similar state of mind surrounding such
actions. Despite a thorough recitation of the facts, the Court is
not satisfied at this time that Moreno acted with malicious intent
to breach the SPAs. A more complete and fully developed record is
necessary to determine this element. Summary judgment relating to
tortious interference is denied.

Upon analysis of all the Trustee's claims, the Court rules as
follows:

   1. The Court denies the Trustee summary judgment on breach of
the 2012 SPA and 2013 SPA (Counts 11 and 12).

   2. The Court denies the Trustee summary judgment on Moreno's
tortious interference with contract (Count 14).

   3. The Court grants summary judgment on the Frac Rentals
Transfers (Count 19) to the Trustee in part in the amount of
$69,137.97; and grants summary judgment in part to Defendants with
the remaining amount of $524,828.21 being unavoidable.

   4. The Court denies the Trustee summary judgment on the TGS
Transfer (Count 21).

   5. The Court grants summary judgment on the Aerodynamic
Transfers (Count 23) to the Trustee in part in the amount of
$110,000; and in part to Defendants with the remaining amount of
$165,000 being unavoidable.

   6. The Court grants summary judgment on the Casafin Transfers
(Count 24) to the Trustee in part in the amount of $466,414.94; and
in part to Defendants with the remaining amount of $151,983.01
being unavoidable.

   7. The Court denies the Trustee summary judgment on Moreno's
objection to the preference claims (Count 29) pursuant to Section
502(d).

   8. The Court grants the Trustee summary judgment on Moreno's
reimbursement and declaratory judgment claims (Counts 30, 34, and
35).

   9. The Court grants the Trustee summary judgment on Moreno's
administrative claims (Count 31).

The bankruptcy case is in re: GREEN FIELD ENERGY SERVICES, INC., et
al., Chapter 11, Debtors, Case No. 13-12783 (KG) (Jointly
Administered) (Bankr. D. Del.).

A full-text copy of Judge Gross' Opinion dated Jan. 24, 2018 is
available at https://is.gd/m1SBYE from Leagle.com.

Green Field Energy Services, Inc., Debtor, represented by Josef S.
Athanas -- josef.athanas@lw.com -- Latham & Watkins LLP, Sarah E.
Barr -- sarah.barr@lw.com -- Latham & Watkins LLP, Craig A.
Batchelor -- craig.batchelor@lw.com -- Latham & Watkins LLP, Kara
Hammond Coyle -- kcoyle@ycst.com -- Young Conaway Stargatt & Taylor
LLP, Christopher R. Harris -- Christopher.harris@lw.com -- Latham &
Watkins LLP, John A. Lister -- john.lister@lw.com -- Latham &
Watkins LLP, Dennis A. Meloro -- melorod@gtlaw.com -- Greenberg
Traurig, LLP, Michael R. Nestor -- mnestor@ycst.com -- Young
Conaway Stargatt & Taylor, Caroline Reckler --
caroline.reckler@lw.com -- Latham & Watkins LLP, Justin H. Rucki --
jrucki@ycst.com -- Young Conaway Stargatt & Taylor, LLP & Matthew
L. Warren -- matthew.warrent@lw.com -- Latham & Watkins LLP.

Steven A. Felsenthal, Examiner, represented by Briana Leigh Cioni
-- cioni@sbep-law.com -- Stutzman, Bromberg, Esserman & Plifka,
Peter C. D'Apice -- d'apice@sbep-law.com -- Steven A. Felsenthal --
felsenthal@sbep.law.com -- Stutzman, Bromberg, Esserman & Plifka, A
Professional Corporation, Daniel K. Hogan , HoganMcDaniel & Jacob
Newton -- newton@sbep-law.com -- Stutzman Bromberg Esserman &
Plifka A Professional Corporation.

U.S. Trustee, U.S. Trustee, represented by Tiiara N.A. Patton ,
United States Department of Justice Office of the United States
Trustee.

Liquidation Trustee for the GFES Liquidation Trust, Liquidating
Trustee, represented by Joseph N. Argentina, Jr. --
joseph.argentina@dbr.com -- Drinker Biddle & Reath LLP, Christopher
J. Battaglia , Halperin Battaglia Benzija LLP, Walter Benzija ,
Halperin Battaglia Benzija LLP, Debra J. Cohen , Halperin Battaglia
Benzija LLP, Howard A. Cohen -- hcohen@gibbonslaw.com -- Gibbons
P.C., Thomas M. Horan -- thoran@shawfishman.com -- Shaw Fishman
Glantz & Towbin LLC, Steven K. Kortanek -- steven.kortanek@dbr.com
-- Drinker Biddle & Reath LLP, Marek P. Krzyzowski --
mkrzyzowski@brownrudnick.com -- Brown Rudnick LLP, Joel S. Miliband
-- jmiliband@brownrudnick.com -- Brown Rudnick LLP, Robert J. Stark
-- rstark@brownrudnick.com -- Brown Rudnick LLP, Jocelyn Keynes
Szekretar & Scott A. Ziluck , Halperin Battaglia Benzija LLP.

                 About Green Field Energy

Green Field Energy Services, Inc., is an independent oilfield
services company that provides a wide range of services to oil and
natural gas drilling and production companies to help develop and
enhance the production of hydrocarbons.  The Company's services
include hydraulic fracturing, cementing, coiled tubing, pressure
pumping, acidizing and other pumping services.

Green Field Energy and two affiliates filed Chapter 11 petitions in
Delaware on Oct. 27, 2013, after defaulting on an $80 million
credit provided by an affiliate of Royal Dutch Shell Plc (Bankr. D.
Del. Case No. 13-bk-12783).

The Debtors hired Michael R. Nestor, Esq., and Kara Hammon Coyle,
Esq., at Young Conaway Stargatt & Taylor, LLP, in Wilmington,
Delaware; and Josef S. Athanas, Esq., Caroline A. Reckler, Esq.,
Sarah E. Barr, Esq., and Matthew L. Warren, Esq., at Latham &
Watkins LLP, in Chicago, Illinois, as attorneys.

Carl Marks Advisory Group LLC was hired as investment banker, and
Thomas E. Hill, from Alvarez & Marsal North America, LLC, was hired
as the Debtors' chief restructuring officer.

In its schedules, Green Field disclosed $306,960,039 in total
assets and $447,199,869 in total liabilities.

Roberta A. DeAngelis, The U.S. Trustee for Region 3, appointed six
members to the official committee of unsecured creditors in the
Chapter 11 cases of Green Field Energy Services, Inc., et al.

The Bankruptcy Court authorized the U.S. Trustee to appoint Steven
A. Felsenthal, Esq., as examiner.  He retained The Hogan Firm as
his counsel.

Leslie Turk, writing for Theind.com, reports that the case was
later converted to a Chapter 7 and its assets liquidated in a sale.


GREENE TECHNOLOGIES: Plan Outline Okayed, Plan Hearing on March 20
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of New York
will consider approval of Greene Technologies Incorporated's
Chapter 11 plan of reorganization at a hearing on March 20.

The hearing will be held at 10:30 a.m., at the U.S. Courthouse,
Room 236.

The court will also consider at the hearing final approval of the
company's disclosure statement, which it conditionally approved on
Jan. 24.

The order set a March 13 deadline for creditors to file their
objections and cast their votes accepting or rejecting the plan.

            About Greene Technologies Incorporated

Greene Technologies Incorporated filed a Chapter 11 bankruptcy
petition (Bankr. N.D.N.Y.. Case No. 17-60389) on March 31, 2017.
The petition was signed by Carol M. Rosenkrantz, president.  The
Debtor disclosed total assets of $795,274 and total liabilities of
$1.01 million.

Edward J. Fintel, Esq., at Edward J. Fintel & Associates, serves as
the Debtor's attorney.

The Debtor filed its proposed Chapter 11 plan of reorganization and
disclosure statement on January 23, 2018.


GREGORY APANOWICZ: $185K Sale of Barrackville Property Approved
---------------------------------------------------------------
Judge Patrick M. Flatley of the U.S. Bankruptcy Court for the
Northern District of West Virginia authorized Gregory John
Apanowicz's sale of the residence located at 414 Manley Street,
Barrackville, West Virginia to Zachary K. and Rebecca R. Johnson
for $185,000.

The sale is subject to the lien(s) being paid and a release
obtained from the holder of the mortgage.

Gregory John Apanowicz sought Chapter 11 protection (Bankr. N.D.
W.Va. Case No. 17-00595) on June 2, 2017.  The Debtor tapped D.
Conrad Gall, Esq., as counsel.


HANESBRANDS INC: Egan-Jones Lowers Sr. Unsecured Ratings to BB
--------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 10, 2018, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Hanesbrands Inc. to BB from BB+.

Based in North Carolina, Hanesbrands Inc. is a consumer goods
company, designs, manufactures, sources, and sells various basic
apparel for men, women, and children in the United States.



HELIOS AND MATHESON: All 4 Proposals Approved at Special Meeting
----------------------------------------------------------------
Helios and Matheson Analytics Inc. held a special meeting of
stockholders on Feb. 5, 2018, at which the stockholders:

   (1) approved an amendment to the Company's 2014 Equity
       Incentive Plan to (i) increase the aggregate number of
       shares of common stock authorized for issuance thereunder
       by 1,875,000 to an aggregate of 3,000,000 shares and (ii)
       account for an annual automatic increase in the number of
       shares of common stock authorized for issuance thereunder
       by the lesser of (A) 3,000,000 shares of the Company's
       common stock or the equivalent of such number of shares
       after the administrator of the Plan, in its sole
       discretion, has interpreted the effect of any stock split,
       stock dividend, combination, recapitalization or similar
       transaction; (B) a number of shares of common stock equal
       to 5% of the Company's common stock outstanding on January
       2nd of each year, and (C) an amount determined by the
       Company's Board of Directors;

   (2) approved the issuance of shares of common stock of the
       Company upon conversion of the senior convertible notes
       issued to institutional investors on Nov. 7, 2017, to the
       extent required by Nasdaq Listing Rule 5635;

   (3) approved the issuance of a warrant and, upon exercise of
       the warrant, the shares of common stock subject to the
       warrant, to an institutional investor on Nov. 7, 2017,
       to the extent required by Nasdaq Listing Rule 5635; and

   (4) approved an amendment to the Company's Certificate of
       Incorporation to increase the number of shares of
       authorized common stock from 100,000,000 to 500,000,000
       shares.
    
                     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.

As of Sept. 30, 2017, Helios and Matheson had $17.46 million in
total assets, $41.54 million in total liabilities, $2.09 million in
redeemable common stock and a total shareholders' deficit of $26.17
million.

The Company had a net loss of $7.38 million and $2.11 million 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
$2.74 million and $1.22 million, respectively.  During the year
ended Dec. 31, 2016, the Company used cash from operations of $2.13
million.  In addition, as of the date the financial statements were
issued, the Company has notes receivable of $6.900
million 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.


HELIX TCS: Inks Pledge and Security Agreement with BTC
------------------------------------------------------
Helix TCS, Inc. entered into a Pledge and Security Agreement with
BTC Investment LLC, the sole holder of the outstanding Series A
Preferred Stock of Bio-Tech Medical Software, Inc. (d/b/a
BioTrackTHC).  Pursuant to the Pledge Agreement, the Company agreed
to assume, in certain circumstances, the obligations of RSF5, LLC,
an affiliate of the Company's stockholder RSF4, LLC, under RSF5's
$1.75 million secured promissory note to BTC Investment.  RSF5
issued the RSF5 Promissory Note as part consideration for its
acquisition of all of BTC Investment's holdings of BioTrackTHC
Series A Preferred Stock and paid the remaining $6.75 million
consideration in cash.  If RSF5 defaults on the RSF5 Promissory
Note and BTC Investment so demands, the Company must issue to BTC
Investment a new promissory note for all amounts outstanding under
the RSF5 Promissory Note.  In that case, BTC Investment also will
transfer to the Company the BioTrackTHC Series A Preferred Stock it
holds as collateral for the RSF5 Promissory Note in exchange for
$50.00.  The Helix Promissory Note will have a 9-month term, bear
interest at 9% per year, and be secured by a second-priority
security interest in all of the Company's assets.

                       About Helix TCS

Based in Greenwood Village, Colorado, Helix TCS, Inc., provides its
clients with marijuana security services, including armed and
unarmed site security services and security guards.

BF Borgers CPA PC, in Lakewood, Colorado, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2017, citing that the Company has suffered recurring
losses from operations and has a significant accumulated deficit.
In addition, the Company continues to experience negative cash
flows from operations.  These factors raise substantial doubt about
the Company's ability to continue as a going concern.

Helix reported a net loss of $7.25 million in 2016 following a net
loss of $315,955 in 2015.  As of Sept. 30, 2017, Helix had $4.88
million in total assets, $3.29 million in total liabilities and
$1.58 million in total shareholders' equity.


HOLLYWOOD ONE: Frommeryer Buying Aberdeen Condo Unit 105 for $147K
------------------------------------------------------------------
Hollywood One, LLC, asks the U.S. Bankruptcy Court for the Southern
District of Florida to authorize the sale of the residential
condominium unit located at 4806 Mantlewood Way, #105, Aberdeen,
Maryland to Scott Frommeyer for $147,000.

The Debtor is the owner of multiple parcels of undeveloped land and
two residential condominium units in Harford County, Maryland.  One
of the two residential condominium units is the Unit 105.  Unit 105
is valued by the Maryland state tax assessor at $145,000 and by the
Web site http://www.zillow.com/at $141,903.

Fulton Bank holds a senior secured mortgage on the Maryland
Properties, including Unite 105.  According to its Proof of Claim,
the outstanding indebtedness on Fulton Bank's mortgage is
$1,608,761.  Fulton Bank has alleged that it holds additional
claims secured by the Maryland Properties which would bring the
total Fulton Bank debt to approximately $4.5 million dollars.  In
July 2017, the Debtor sold a portion of the Maryland Properties and
paid down $471,475 of the Fulton Bank debt.  

The Debtor has had Unit 105 listed for sale for parts of 2015, 2016
and 2017.  On July 6, 2017, the Court approved its application to
employ Rita Quintero and the Regional Team of Keller Williams
American Premier Realty as a real estate broker to market and sell,
among other things, Unit 105.  

On Jan. 28, 2018, the Debtor obtained a new contract to sell the
Property to the Buyer for $147,000, free and clear of all liens,
claims, and encumbrances, with all such liens, claims, and
encumbrances attaching to the sale proceeds.  The Contract sets a
proposed closing date of March 16, 2018.  The sale be on an "as is,
where is" basis without representations of any kind, except as
may be contained in the Contract.  An itemization of the proposed
settlement and closing costs will be filed upon receipt.

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

   http://bankrupt.com/misc/Hollywood_One_154_Sales.pdf

If approved, the Debtor intends to utilize the funds from the
proposed sale to further pay down Fulton Bank's secured claim or in
a manner agreed to by Fulton Bank.  Any payments made to Fulton
Bank pursuant to the sale are without prejudice to the Debtor's
right to object to Fulton Bank's claim in the bankruptcy case.

The Debtor believes that the only secured claims on Unit 105 are
held by the county tax collector and Fulton Bank.  The tax
collectors' claim will be paid in full at closing.  The Debtor
expects that Fulton Bank will consent to the proposed sale.
Further, the Debtor reserves the right to assert a bona-fide
dispute with regard to all or a portion of Fulton Bank's claims.

Depending on the Court's availability to conduct a hearing on the
Motion, the Debtor asks that the Court waives the 14-day stay if
necessary to be able to close on the sale to the Buyers as soon as
possible in order to comply with the Contract.

The Debtor believes that the proposed sale to the Buyers will
maximize the value and benefit of Unit 201 to creditors of the
estate.

                      About Hollywood One

Hollywood One LLC is the owner of multiple parcels of undeveloped
land and two residential condominium units in Harford County,
Maryland.  Hollywood One filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Fla. Case No. 17-13739) on March 28, 2017, estimating
under $1 million in both assets and liabilities.  Suzy Tate, Esq.,
at Suzy Tate, PA, serves as bankruptcy counsel to the Debtor.  The
Regional Team of Keller Williams American Premier Realty is the
Debtor's real estate broker.


HOLLYWOOD ONE: Nickles Buying Aberdeen Condo Unit 201 for $140K
---------------------------------------------------------------
Hollywood One, LLC, asks the U.S. Bankruptcy Court for the Southern
District of Florida to authorize the sale of the residential
condominium unit located at 4806 Mantlewood Way, #201, Aberdeen,
Maryland to Lawrence and Robin Nickle for $140,000.

The Debtor asks an expedited hearing prior to proposed closing date
of Feb. 22, 2018.

The Debtor is the owner of multiple parcels of undeveloped land and
two residential condominium units in Harford County, Maryland.  One
of the two residential condominium units is the Unit 201.  Unit 201
is valued by the Maryland state tax assessor at $145,000 and by the
website www.zillow.com at $170,000.

Fulton Bank holds a senior secured mortgage on the Maryland
Properties, including Unite 201.  According to its Proof of Claim,
the outstanding indebtedness on Fulton Bank's mortgage is
$1,608,761.  Fulton Bank has alleged that it holds additional
claims secured by the Maryland Properties which would bring the
total Fulton Bank debt to approximately $4.5 million dollars.  In
July 2017, the Debtor sold a portion of the Maryland Properties and
paid down $471,475 of the Fulton Bank debt.  

The Debtor has had Unit 201 listed for sale for parts of 2015, 2016
and 2017.  On July 6, 2017, the Court approved its application to
employ Rita Quintero and the Regional Team of Keller Williams
American Premier Realty as a real estate broker to market and sell,
among other things, Unit 201.  

On Nov. 16, 2017, the Debtor entered into a contract to sell Unit
201 for $160,000.  The Court approved the sale, but it did not
close due to the buyer's inability to obtain financing.  

On Jan. 14, 2018, the Debtor obtained a new contract to sell the
Property to the Buyers for $140,000.  The Contract sets a proposed
closing date of Feb. 22, 2018.  The sale will be free and clear of
all liens, claims, and encumbrances, with any liens, claims and
encumbrances to attach to the sale proceeds.  The sale be on an "as
is, where is" basis without representations of any kind, except as
may be contained in the Contract.  An itemization of the proposed
settlement and closing costs will be filed upon receipt.

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

   http://bankrupt.com/misc/Hollywood_One_153_Sales.pdf

If approved, the Debtor intends to utilize the funds from the
proposed sale to further pay down Fulton Bank's secured claim or in
a manner agreed to by Fulton Bank.  Any payments made to Fulton
Bank pursuant to the sale are without prejudice to the Debtor's
right to object to Fulton Bank's claim in the bankruptcy case.

The Debtor believes that the proposed sale to the Buyers will
maximize the value and benefit of Unit 201 to creditors of the
estate.

Depending on the Court's availability to conduct a hearing on the
Motion, the Debtor asks that the Court waives the 14-day stay if
necessary to be able to close on the sale to the Buyers as soon as
possible in order to comply with the Contract.

The Purchasers:

          Lawrence and Robin Nickle
          4806 Mantlewood Way, #201
          Anderdeen, MD 21001

                      About Hollywood One

Hollywood One LLC is the owner of multiple parcels of undeveloped
land and two residential condominium units in Harford County,
Maryland.  Hollywood One filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Fla. Case No. 17-13739) on March 28, 2017, estimating
under $1 million in both assets and liabilities.  Suzy Tate, Esq.,
at Suzy Tate, PA, serves as bankruptcy counsel to the Debtor.  The
Regional Team of Keller Williams American Premier Realty is the
Debtor's real estate broker.


HOOPER HOLMES: Extends Due Date of $2M SWK Loan to April 30
-----------------------------------------------------------
Hooper Holmes, Inc., has entered into a Third Amendment to the
Amended and Restated Credit Agreement dated as of May 11, 2017, by
and between the Company and SWK Funding LLC.  The Third Amendment
has an effective date of Feb. 1, 2018.

The Third Amendment extended the due date for a $2 million term
facility that makes up a portion of the overall facility under the
Credit Agreement to April 30, 2018, to provide the Company
additional liquidity during a traditionally slow period.  Under the
Third Amendment, the Company repaid $250,000 of the principal
balance of the $2 Million Facility on Feb. 1, 2018, agreed to make
an additional principal payment of $250,000 on or before March 15,
2018, paid a $10,000 amendment fee, and agreed to amend and restate
the outstanding warrants held by SWK for the purchase of shares of
the Company's common stock.  The Warrants, when amended on or
before May 4, 2018, will reflect an exercise price equal to the
lesser of (a) the closing price of the Company's common stock on
April 30, 2018, (b) the average closing price of the Company's
common stock over the five trading days preceding April 30, 2018,
or (c) the pre-amendment exercise price applicable to the Warrants
of $0.80 or $0.84, respectively.

In addition to extending the due date of the $2 Million Facility,
SWK agreed prospectively to waive the Company's compliance with
certain financial covenants as of Dec. 31, 2017, if the Company
were to determine, upon preparation of the Company's audited
financial statements, that it had failed to comply with the
covenants.

                      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.


HOOPER HOLMES: Perritt Capital Has 2.4% Stake as of Dec. 31
-----------------------------------------------------------
Perritt Capital Management, Inc., an investment adviser registered
under Section 203 of the Investment Advisers Act of 1940, reported
to the Securities and Exchange Commission that as of Dec. 31, 2017
it beneficially owns 632,668 shares of common stock of Hooper
Holmes, Inc., constituting 2.4 percent of the shares outstanding.
Perritt Funds, Inc. also reported beneficial ownership of 498,001
Common Shares of the Company as of that date.  The percent
ownership is based upon an aggregate of 26,768,498 shares
outstanding as of Oct. 31, 2017.  A full-text copy of the
regulatory filing is available at https://is.gd/Q99nfi

                      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.


HOPE INDUSTRIES: Case Summary & 6 Unsecured Creditors
-----------------------------------------------------
Debtor: Hope Industries, LLC
        853 West 4th Street
        London, KY 40741

Business Description: Hope Industries, LLC is a privately held
                      company based in London, Kentucky.

Chapter 11 Petition Date: February 9, 2018

Case No.: 18-60142

Court: United States Bankruptcy Court
       Eastern District of Kentucky (London)

Judge: Hon. Gregory R. Schaaf

Debtor's Counsel: Laura Day DelCotto, Esq.
                  DELCOTTO LAW GROUP PLLC
                  200 North Upper St
                  Lexington, KY 40507
                  Tel: (859) 231-5800
                  Fax: (859) 281-1179
                  E-mail: ldelcotto@dlgfirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Star Robbins Kusiak, member.

A full-text copy of the petition containing, among other items, a
list of the Debtor's six unsecured creditors is available for free
at:

         http://bankrupt.com/misc/kyeb18-60142.pdf


HUMANIGEN INC: Appoints Dr. Rainer Boehm to Board of Directors
--------------------------------------------------------------
Humanigen, Inc., announced the appointment of Rainer Boehm, M.D.,
MBA, to its board of directors effective Feb. 12, 2018.

"We are extremely pleased to welcome Rainer to our board of
directors, where his extensive experience will be pivotal in our
ongoing transformation to focus on making CAR-T therapy potentially
safer, better and more routine," said Cameron Durrant, M.D.,
chairman and chief executive officer of Humanigen.  "Rainer's
expertise in oncology drug development and commercialization and
track record of executing corporate and clinical strategies will be
invaluable as we reposition our pipeline in the CAR-T field and
develop our lead candidate lenzilumab to address CAR-T-related
neurotoxicity."

Boehm brings more than three decades of biopharmaceutical
leadership experience to Humanigen's board.  At Novartis for 29
years, he held roles of increasing responsibility culminating with
his position as chief commercial and medical affairs officer and as
ad interim CEO of Novartis' pharmaceuticals division. His
background spans senior leadership, marketing, sales and medical
affairs positions in both oncology and pharmaceuticals and he has
led regions around the world, including North America, Asia and all
emerging markets.  Boehm has overseen the launch and
commercialization of many new drugs in his career, including
blockbuster breakthroughs Cosentyx and Entresto, and major oncology
brands including Afinitor, Exjade, Tasigna, Femara, Zometa and
Glivec.  Among his many interests are developing healthcare leaders
and new business models in the industry.

"I am excited to join the Humanigen board of directors to help
guide the company as it seeks to realize the incredible potential
in new immunotherapy science and possibilities to address a real
need in CAR-T therapy," said Boehm.  "I look forward to the
opportunity to make a meaningful difference as Humanigen evolves
and develops its pipeline with the ultimate goal of making
patients’ lives better."

Boehm also currently serves on the board of directors for
Cellectis, a clinical-stage biopharmaceutical company focused on
immunotherapies based on gene-edited CAR-T cells; as an advisor in
leadership development for senior executives at the GLG Institute
in New York City; and as a consultant to healthcare companies.  He
graduated from the medical school at the University of Ulm in
Germany and received his MBA from Schiller University at the
Strasbourg campus in France.

                     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.


INFINERA CORP: Egan-Jones Hikes FC Sr. Unsecured Rating to BB+
--------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 10, 2018, upgraded the foreign
currency senior unsecured rating on debt issued by Infinera Corp to
BB+ from B+.

Based in Sunnyvale, California, Infinera Corporation is a
vertically integrated manufacturer of Wavelength division
multiplexing optical transmission equipment for the
telecommunications service provider market.



INPIXON: Amends Prospectus on Class A Units Sale
------------------------------------------------
Inpixon filed with the Securities and Exchange Commission an
amendment no.3 to its Form S-1 registration statement relating to
the offering of up to 417,537 Class A Units, with each Class A Unit
consisting of one share of its common stock, par value $0.001 per
share, and one warrant to purchase one share of our common stock.
The warrants will have an exercise price per whole share of not
less than __% of the public offering price of the Class A Units,
will be exercisable upon issuance and will expire five years from
the date of issuance.  Each share of common stock and Warrant that
is a part of a Class A Unit are immediately separable and will be
issued separately in this offering.

Inpixon is also offering to those purchasers, if any, whose
purchase of Class A Units in this offering would otherwise result
in the purchaser, together with its affiliates and certain related
parties, beneficially owning more than 4.99% (or, at the election
of such purchaser, 9.99%) of its outstanding common stock
immediately following the consummation of this offering, or to
those purchasers that elect to purchase such securities in their
sole discretion, the opportunity, in lieu of purchasing Class A
Units, to purchase up to an aggregate of 18,000 Class B Units. Each
Class B Unit will consist of one share of our newly designated
Series 3 convertible preferred stock with a stated value of $1,000
and convertible into approximately 208 shares of our common stock,
together with one Warrant to purchase a number of shares of
common stock as would have been issued to such purchaser if such
purchaser had purchased Class A units based on the public offering
price.  The shares of Series 3 Preferred do not generally having
any voting rights but are convertible into shares of common stock.
The shares of Series 3 Preferred and Warrants that are part of a
Class B Unit are immediately separable and will be issued
separately in this offering.

The Company is issuing in this offering (i) up to an aggregate of
417,537 shares of its common stock and Warrants to purchase 417,537
shares of common stock as components of the Class A Units, and (ii)
up to an aggregate of 18,000 shares of its Series 3 Preferred and
Warrants to purchase up to 3,757,829 shares of its common stock.
The Series 3 Preferred included in the Class B Units will be
convertible into an aggregate of 3,757,829 shares of common stock
and the Warrants included in the Class B Units will be exercisable
for an aggregate of 3,757,829 shares of common stock.  The Units,
the Series 3 Preferred, the Warrants and the common stock
underlying each such security are being registered pursuant to the
registration statement of which this prospectus is a part.  This
offering is being made on a best efforts basis and there is no
minimum amount of proceeds that is a condition of closing.


On Feb. 6, 2018, the last reported sale price of its common stock
was $4.79 per share.

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

                     https://is.gd/56ygiM

                         About Inpixon

Inpixon is a technology company that helps to secure, digitize and
optimize any premises with Indoor Positioning Analytics (IPA) for
businesses and governments in the connected world.  Inpixon Indoor
Positioning Analytics is based on radically new sensor technology
that finds all accessible cellular, Wi-Fi, Bluetooth and RFID
signals anonymously.  Paired with a high-performance, data
analytics platform, this technology delivers visibility, security
and business intelligence on any commercial or government premises
world-wide.  Inpixon's products, infrastructure solutions and
professional services group help customers take advantage of
mobile, big data, analytics and the Internet of Things (IoT).
Inpixon is headquartered in Palo Alto, California.

Inpixon reported a net loss of $27.50 million in 2016 following a
net loss of $11.72 million in 2015.  As of Sept. 30, 2017, Inpixon
had $35.20 million in total assets, $51.67 million in total
liabilities and a total stockholders' deficit of $16.46 million.

Marcum LLP, in New York, NY, issued a "going concern" opinion in
its report on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has recurring losses
from operations and expects to continue to have losses in the
foreseeable future.  These conditions raise substantial doubt about
its ability to continue as a going concern.


INPIXON: Iliad Research Reports 7.6% Stake as of Feb. 7
-------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Iliad Research and Trading, L.P., Iliad Management,
LLC; Fife Trading, Inc. and John M. Fife disclosed that as of Feb.
7, 2018, they beneficially own 119,296 shares of common stock of
Inpixon, constituting 7.6 percent of the shares outstanding.  The
percentage ownership is based on 46,843,673 shares of issued and
outstanding common stock as reported on Issuer's Form 424(b)(5)
filed with the SEC on Jan. 8, 2018 and subsequent 1-for-30
reverse-stock-split effectuated Feb. 6, 2018 resulting in 1,561,456
shares issued and outstanding.  A full-text copy of the regulatory
filing is available for free at https://is.gd/GMPPtE
  
                           About Inpixon

Inpixon is a technology company that helps to secure, digitize and
optimize any premises with Indoor Positioning Analytics (IPA) for
businesses and governments in the connected world.  Inpixon Indoor
Positioning Analytics is based on radically new sensor technology
that finds all accessible cellular, Wi-Fi, Bluetooth and RFID
signals anonymously.  Paired with a high-performance, data
analytics platform, this technology delivers visibility, security
and business intelligence on any commercial or government premises
world-wide.  Inpixon's products, infrastructure solutions and
professional services group help customers take advantage of
mobile, big data, analytics and the Internet of Things (IoT).
Inpixon is headquartered in Palo Alto, California.

Inpixon reported a net loss of $27.50 million in 2016 following a
net loss of $11.72 million in 2015.  As of Sept. 30, 2017, Inpixon
had $35.20 million in total assets, $51.67 million in total
liabilities and a total stockholders' deficit of $16.46 million.

Marcum LLP, in New York, NY, issued a "going concern" opinion in
its report on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has recurring losses
from operations and expects to continue to have losses in the
foreseeable future.  These conditions raise substantial doubt about
its ability to continue as a going concern.


ION GEOPHYSICAL: Incurs $30.2 Million Net Loss in 2017
------------------------------------------------------
ION Geophysical Corporation filed with the Securities and Exchange
Commission its annual report on Form 10-K reporting a net loss
attributable to the Company of $30.24 million on $197.55 million of
total net revenues for the year ended Dec. 31, 2017, compared to a
net loss attributable to the Company of $65.14 million on $172.80
million of total net revenues for the year ended Dec. 31, 2016.

Ion Geophysical reported a net loss attributable to the Company of
$1.39 million on $57.90 million of total net revenues for the three
months ended Dec. 31, 2017, compared to a net loss attributable to
the Company of $6.49 million on $35.36 million of total net
revenues for the three months ended Dec. 31, 2016.

As of Dec. 31, 2017, Ion Geophysical had $301.06 million in total
assets, $270.26 million in total liabilities and $30.80 million in
total stockholders' equity.

The Company reported an Adjusted EBITDA for the fourth quarter 2017
of $23.8 million, compared to $6.6 million one year ago.  The
Company's Adjusted net income and Adjusted EBITDA for the fourth
quarter 2017 excludes an expense of $6.1 million related to the
accelerated vesting and cash exercise of stock appreciation right
awards.  This accelerated vesting and cash exercise ultimately
saved approximately $7 million of additional cash and expense that
would have been incurred in the first quarter 2018.

Net cash flows from operations were $18.0 million during the fourth
quarter 2017, compared to $(1.7) million in the fourth quarter
2016.  Total net cash flows, including investing and financing
activities, were $11.8 million, compared to $(9.9) million in the
fourth quarter 2016.

Brian Hanson, the Company's president and chief executive officer,
commented, "I am pleased with our performance not only in the
fourth quarter, but also for every quarter throughout 2017.
Although the market recovery has been slow for many, our efforts
over the last two years to focus on select segments where capital
is flowing, along with our asset light strategy, has paid off.  As
a niche business in the larger E&P market, we surgically targeted
select geographic areas and production optimization opportunities
less dependent on cycle recovery and where our differentiated
technologies delivered significant value.

"In our E&P Technology and Services group, we continued to benefit
from our investment in multi-client data, generating solid growth
in new venture revenues throughout the year.  We had tremendous
success with our 3D reimaging programs, expanding our 3D data
library from 8,000 sq km to over 165,000 sq km in just two years.
In addition, after two years of very little new venture activity,
we launched five new programs in 2017, and already secured
underwriting for new programs in 2018.  Our data library is
exceptionally well positioned for upcoming license round activity
and 2018 is looking even better with more diverse interest in
programs across the globe.

"In our E&P Operations Optimization segment, we maintained our core
seismic software and equipment businesses while pursuing additional
opportunities for our technology in adjacent markets. For example,
we made significant headway in both executing deployments and
developing the shrink-wrapped version of Marlin, our operations
optimization platform.  In 2017, Marlin deployments more than
doubled with 39 new deployments across 19 projects, vastly
improving the situational awareness, safety and efficiency for a
wide array of offshore operational challenges.  In addition, we
offset some of the decline in seismic equipment revenues by selling
existing technology to new customers in scientific, military and
academic industries.  We are particularly proud of the development
effort to eliminate time-consuming calibrations for military diving
platforms by incorporating our highly differentiated compass from
our positioning solution.  This is an example of some exciting
investments we are making to broaden and diversify our customer
base by modifying existing ION technology for adjacent markets
outside of seismic.

"We expect 2018 will be a better year for ION, and as usual,
believe the back half of the year will be stronger than the first
half.  With almost $68 million in liquidity, we have sufficient
capital to retire our third lien indentures of $28.5 million, which
mature May 15, 2018.  Overall, we have positioned ourselves to take
advantage of a more normal 2018, and I look forward to speaking to
you in more detail about our 2017 results and 2018 outlook on our
earnings call."

Full year 2017 Adjusted EBITDA was $64.5 million, compared to $10.5
million in 2016.  Net cash flows from operations were $28.0
million, compared to $1.6 million in 2016.  Total net cash flows,
including investing and financing activities, were $(0.6) million,
compared to $(32.3) million in 2016.

At Dec. 31, 2017, the Company had total liquidity of $67.6 million,
consisting of $52.1 million of cash on hand and $15.5 million of
undrawn borrowing base available under its revolving credit
facility.  The borrowing base under this maximum $40.0 million
credit facility was $25.5 million, and there was $10.0 million of
indebtedness outstanding under the credit facility at Dec. 31,
2017.  The Company experienced a significant increase in its
accounts and unbilled receivables during the second half of 2017
due to the significant revenue increase, however, a majority of
those increases were part of the Company's foreign operations,
which are not included in the borrowing base calculation.

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

                      https://is.gd/xqq8yB

                           About ION

Headquartered in Delaware, ION Geophysical Corporation --
http://www.iongeo.com/-- is a provider of technology-driven
solutions to the global oil and gas industry.  ION's offerings are
designed to help companies reduce risk and optimize assets
throughout the E&P lifecycle.

                           *    *    *

In October 2016, S&P Global Ratings raised the corporate credit
rating on ION Geophysical to 'CCC+' from 'SD'.  The rating action
follows ION's partial exchange of its 8.125% notes maturing in 2018
for new 9.125% second-lien notes maturing in 2021.

In May 2016, Moody's Investors Service affirmed ION Geophysical's
'Caa2' Corporate Family Rating, and affirmed and appended its
Probability of Default Rating (PDR) at 'Caa2-PD/LD'.  ION's 'Caa2'
reflects its exposure to the highly volatile and cyclical seismic
sector, which is currently in the midst of a severe sector
down-turn, pressuring ION's earnings and cash flow generation.


IOWA FERTILIZER: S&P Affirms 'B' Ratings on 2013 & 2016 Sr. Debt
----------------------------------------------------------------
S&P Global Ratings said it affirmed its 'B' rating on Iowa
Fertilizer Co.'s (IFCo) series 2013 and 2016 senior debt. The
outlook on the ratings remains stable. S&P's '1' recovery rating on
the senior debt is unchanged, indicating its expectation for very
high (90%-100%; rounded estimate: 90%) recovery in the event of
default.

S&P rated the series 2018 bonds 'B', with a stable outlook. The
recovery rating of '1' is unchanged, reflecting its expectation of
very high (90%-100%; rounded estimate: 90%) recovery in the event
of default.

IFCo has completed a transaction with its bondholders to exchange a
total of $425 million principal between 2018 and 2022 for the same
amount of new tax-exempt senior secured bonds with sinking fund
payments between 2031 and 2037. The new series 2018 bonds rank on
parity with the series 2013 and series 2016 bonds, and the total
amount of outstanding bonds of $1.156 billion is the same as the
outstanding amount before the exchange. S&P said, "Our affirmation
stems from our view that the transaction is opportunistic because
bondholders will not receive less than the original promise based
on the terms of this transaction. While the debt maturities extend
beyond the original terms, we believe there is adequate offsetting
compensation. As per our criteria, we assume IFCo's new fertilizer
plant to have an estimated useful life of up to 30 years through
2046, so the sinking fund payments through 2037 under the revised
amortization profile is within our expected life of the asset."

S&P said, "The stable outlook reflects our view that the project
will pass the lenders' reliability test and run in full production.
We expect the DSCR in 2018 to be around 2x and a base-case minimum
DSCR of 1.48x for the entire tenor of the bonds.

"We could consider an upgrade if the project demonstrates its
ability to run in full production as it enters the second year of
the operations phase, after ramping up during the first year, and
achieve financial and operational performance in line with our
expectations. We could also consider an upgrade if the project
achieves a minimum DSCR, by our calculation, of 1.7x for the entire
tenor of the bonds. This could stem from sustainable improvement in
nitrogen fertilizer prices without a related increase in natural
gas pricing, perhaps due to supply constraints or more
robust-than-expected demand.

"We would lower the rating or revise the outlook if the project
experiences unforeseen technical challenges that may lead to higher
operating and maintenance expenditures or require a shutdown for an
extensive period in which fertilizer production level will be
affected. We could also take a rating action if depressed nitrogen
fertilizer prices and higher feedstock cost affect the minimum
DSCR, by our calculation, to fall below 1.5x on a consistent basis.
This could stem from a global supply-and-demand imbalance in
nitrogen fertilizer and rising U.S. natural gas prices."


ISOLUX CORSAN: Proposes $150K Sale of All Assets to IBT Group
-------------------------------------------------------------
Isolux Corsan, LLC, asks the U.S. Bankruptcy Court for the Western
District of Texas to authorize the sale of substantially all assets
to IBT Group, LLC, for $150,000.

Objections, if any, must be filed within 21 days from the date the
Motion was served.

Prepetition, the Debtor acted as a contractor for various
construction projects, primarily in the wind and solar fields.  It
currently owns minimal tangible hard assets, a certain amount of
cash which is diminishing every month as the case continues and has
no active ongoing contracts.

The Debtor has reached an agreement with the Purchaser to sell
substantially all of its non-cash assets free and clear of liens,
claims and encumbrances for $150,000.  The sale purchase price is
the result of arms-length negotiations between the parties.  The
proposed closing date is to occur no later than Feb. 15, 2018.  The
Debtor has taken actions to realize the greatest value for the sale
of its assets.  The proposed sale is a cash sale.  The Debtor is
selling the assets on an "as is, where is" basis.

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

       http://bankrupt.com/misc/Isolux_Corsan_40_Sales.pdf

The Debtor has marketed its business to a number of prospective
candidates.  The Debtor has received at least four serious
expressions of interest.  The Purchaser contract is the highest and
best offer under the circumstances.  It believes that Purchaser has
the wherewithal to consummate the proposed sale.  It does not
believe that the retention of a broker or investment banker would
result in a higher price.

The Purchaser:

          IBT GROUP, LLC
          Attn: Daniel Toledano
          1200 Brickell Avenue, Suite 1700
          Miami, FL 33131
          Telephone: (305) 358-5055
          E-mail: daniel.toledano@ibtgroup.com

The Purchaser is represented by:

          Juan T. O'Naghten, Esq.
          DIAZ & O'NAGHTEN
          2950 SW 27th Avenue, Suite 100
          Miami, FL 33133
          Telephone: (786) 888-6501
          E-mail: Juan.t.onaghten@ondlaw.com

                     About Isolux Corsan LLC

Based in Austin, Texas, Isolux Corsan, LLC --
http://www.isoluxcorsan.com/-- is a global company in the
concessions, energy, construction and industrial services industry,
with a track record spanning over 80 years of professional
activity.  It operates in more than 35 countries on four
continents.  Isolux Corsan operates in the engineering and
construction business of large-scale road, rail, hydraulic and
energy infrastructures.  Isolux Corsan, is the outcome of the
take-over of Corsan-Corviam by Isolux Wat in 2004.  Its parent
company Grupo Isolux Corsan, S.A. sought bankruptcy protection on
July 29, 2016 (Bankr. S.D.N.Y. Case No. 16-12202).

Isolux Corsan sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Tex. Case No. 17-52777) on Dec. 4, 2017.  In the
petition signed by Jose Antonio Alvarez Dodero, CEO and sole
manager, the Debtor estimated assets of $1 million to $10 million
and liabilities of $10 million to $50 million.  Judge Ronald B.
King presides over the case.  LANGLEY & BANACK, INCORPORATED,
serves as counsel to the Debtor.


J. HOWARD RESTAURANT: Case Summary & 13 Unsecured Creditors
-----------------------------------------------------------
Debtor: J. Howard Restaurant Partners, LLC
        dba Jaxton's Bistro & Bar
        9955 Barker Cypress Road, Suite 104
        Cypress, TX 77433

Type of Business: J. Howard Restaurant Partners, LLC, d/b/a  
                  Jaxton's Bistro & Bar operates a full service
                  restaurant and bar in Cypress, Texas, serving
                  Italian & French cuisine.  It is a small
                  business debtor as defined in 11 U.S.C. Section
                  101(51D).

Chapter 11 Petition Date: February 8, 2018

Case No.: 18-30576

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

Judge: Hon. Jeff Bohm

Debtor's Counsel: Margaret Maxwell McClure, Esq.
                  LAW OFFICE OF MARGARET M. MCCLURE
                  909 Fannin, Suite 3810
                  Houston, TX 77010
                  Tel: 713-659-1333
                  Fax: 713-658-0334
                  E-mail: margaret@mmmcclurelaw.com

Total Assets: $173,000

Total Liabilities: $1.19 million

The petition was signed by Jason Howard, managing member.

A copy of the Debtor's list of 13 unsecured creditors is available
for free at:

      http://bankrupt.com/misc/txsb18-30576_creditors.pdf

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

          http://bankrupt.com/misc/txsb18-30576.pdf


JANUS INTERNATIONAL: Moody's Lowers Rating on 1st Lien Loan to B2
-----------------------------------------------------------------
Moody's Investors Service downgraded the rating assigned to Janus
International Group, LLC's 1st Lien senior secured term loan due
2025 to B2 from B1 following company's recent announcement that it
is upsizing this term loan to $470 million from $440 million.
Concurrently, the company is reducing its 2nd Lien senior secured
term loan due 2026 by a like amount to $100 million from $130
million. Rating assigned to the 2nd Lien term loan remains Caa1.
The debt reallocation does not impact Janus's B2 Corporate Family
Rating nor its B2-PD Probability of Default Rating. Rating outlook
is stable.

The following rating/assessment is affected by this action:

Downgrades:

Issuer: Janus International Group, LLC

-- Senior Secured 1st Lien Term Loan, Downgraded to B2 (LGD3)
    from B1 (LGD3)

RATINGS RATIONALE

The downgrade of the 1st Lien term loan to B2 from B1 results from
the large amount of first-lien debt, now $470 million, representing
preponderance of debt in Janus's capital structure. Additionally,
reduction in second-lien debt, currently $100 million, lowers the
amount of first-loss absorption in a recovery scenario relative to
the first-lien term loan and further supports the downgrade of the
rating assigned to the 1st Lien term loan.

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

Janus International Group, LLC ("Janus"), headquartered in Temple,
GA, is a leading manufacturer and installer of steel roll-up doors,
locks and interior solutions designed for self-storage, industrial
and commercial door markets predominately in the United States and
some operations throughout Europe. Clearlake Capital Group, L.P.,
through its affiliates, is the primary owners of Janus. Revenues
for the 12 months through September 30, 2017 totaled approximately
$354 million. Janus is privately-owned and does not disclose
publicly available financial information.


JEFFREY BERGER: $825K Sale of Estes Park Property Approved
----------------------------------------------------------
Judge Benjamin P. Hursh of the U.S. Bankruptcy Court for the
District of Montana authorized Jeffrey W. Berger and Tami M. Berger
to sell the real property described as the Lot 1, Stanley Hills
Subdivision, PUD, Estes Park, Larimer County, Colorado to Philip W.
Hinrichs and Ryan D. Wells for $825,000.

The sale is free and clear of liens.

The sale proceeds will be used to satisfy (i) the costs of closing,
(ii) property taxes, (iii) the $41,250 real estate commission owed
to Randy Good with Coldwell Banker Estes Village Properties, and
(vi) the remaining balance to Yellowstone Bank.

Jeffrey W. Berger and Tami M. Berger sought Chapter 11 protection
(Bankr. D. Mont. Case No. 18-60032) on Jan. 16, 2018.  The Debtor
tapped PATTEN, PETERMAN, BEKKEDAHL & GREEN P.L.L.C., as counsel.



JERRY BATTEH: Niermann Buying Jacksonville Property for $95K
------------------------------------------------------------
Jerry Batteh asks the U.S. Bankruptcy Court for the Middle District
of Florida to authorize the sale of his rental property located at
2609 Clemson Road, Jacksonville, Florida, more particularly
described as: Lot 1, Block 1, of Lakewood, Unit No. 08, according
to the Plat thereof as recorded in Plat Book 21, page 85, of the
current public records of Duval County, Florida, to Dawn Niermann
for $95,000.

Objections, if any, must be filed within 21 days from the date the
Motion was served.

The Debtor is the owner of the Property.  He entered into Purchase
and Sale Agreement with the Buyer for the sale and purchase of the
Property for $95,000 with $1,000 earnest money.  The sale is not a
short sale.  

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

         http://bankrupt.com/misc/Jerry_Batteh_628_Sales.pdf

It would be in the best interest of all parties to authorize the
sale of the Property.

                      About Jerry Batteh

Jerry Batteh sought Chapter 11 protection (Bankr. M.D. Fla. Case
No. 11-05260) on July 18, 2011.  Edward P. Jackson, Esq., in
Jacksonville, Florida, serves as counsel to the Debtor.

The Debtor's Chapter 11 Plan was confirmed by order dated March 26,
2014.


JOLIVETTE HAULING: Proposes Online Auction of Personal Property
---------------------------------------------------------------
Jolivette Hauling, Inc., asks the U.S. Bankruptcy Court for the
Western District of Wisconsin to authorize the online auction sale
of personal property which were used in comiection with its
business activities to be conducted by Hansen & Young, Inc.

The Debtor wishes to dispose of all its personal property it owned
and any interest in said personal property it may have.  It
believes Co-Op Credit Union ("CCU") has a properly perfected first
position secured interest in its personal property, subject to the
objection by Farm Credit Services of America PCA ("FSA") and
subsequent stipulation and proposed order filed with the Court.

While there may be differing opinions as to the value of the
property, the consensus is the value of the property exceeds the
amount of indebtedness owed to CCU.  

The Debtor has filed an application to employ Hansen & Young, Inc.
as an auctioneer in the case pursuant to the proposed Personal
Property Auction Agreement.  The Debtor asks permission to sell the
Property by a public online auction located at
www.hansenandyoung.com.  Parties wishing to bid on the Property or
requiring further information about the auction should contact
Hansen & Young.  Any liens, claims and encumbrances will attach to
the proceeds of the sale.

Because a preliminary hearing and an adjourned preliminary hearing
have already taken place on the original and first amended Motion
and any objections to said Motions having since been withdrawn or
resolved and stipulated to by their respective parties, the Debtor
is also filing a Motion for Expedited Hearing to have the Second
Amended Motion heard on an expedited basis.  It also asks that the
14-day stay pursuant to Rule 6004(h) be waived.

By virtue of CCU's properly perfect security interest in the
property to be sold, CCU will be entitled to the net proceeds from
the Auction to be applied to the current indebtedness owed by the
Debtor to CCU, subject to the FSA Objection and stipulation, after
payment to Hansen & Young for its auction fee and other costs and
expenses related to the Auction.  Any excess proceeds above and
beyond the current indebtedness owed to CCU will be held in the
Swenson Law Group, LLC trust account until it is determined how
best to distribute those funds to any remaining claimants of the
estate.

Pursuant to the Auction Agreement, Hansen & Young will be entitled
to compensation as follows and as more fully set forth in the
Auction Agreement: 7% Buyers Fee and $3,500 Advertising Budget.

The Debtor further asks that the Court approves (a) payment of the
compensation to Hansen & Young, and authorize the Debtor to
disburse Hansen & Young's compensation to Hansen & Young from
proceeds of the Auction upon conclusion of the Auction; and (b) be
excused from complying with the procedural requirements of applying
for final allowance of said compensation.

The Debtor, working in conjunction with CCU, believes that the sale
via a public online auction is the best way to market and liquidate
the Property.

A copy of the assets to be sold and the Auction Agreement attached
to the Motion is available for free at:

   http://bankrupt.com/misc/Jolivette_Hauling_113_Sales.pdf

The Creditors:

          CO-OP CREDIT UNION
          100 E. Main Street
          P.O. Box 157
          Black River Falls, WI 54615

          FARM CREEDIT SERVICES OF AMERICA, PCA
          c/o Attorneys Wieting and Schense
          125 S. Jefferson Street, Ste. 101
          Green Bay, WI 54301

                    About Jolivette Hauling

Jolivette Hauling Inc is a licensed and bonded freight shipping and
trucking company running freight hauling business from Taylor,
Wisconsin.  On Aug. 31, 2017 Debtor had ceased its business
operations.

On March 27, 2017, the Debtor filed a voluntary petition under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. Wisc. Case No.
17-11005).  In the petition signed by James Jolivette, registered
agent, the Debtor estimated $1 million to $10 million in assets and
liabilities.

The Debtor is represented by Evan M. Swenson, Esq., at Swenson Law
Group LLC.

The Debtor hired Barry Hansen of Hansen & Young, Inc as auctioneer
for the sale of business equipment.


KONA GRILL: Wellington Mgt No Longer a Shareholder as of Dec. 29
----------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, Wellington Management Group LLP, Wellington Group
Holdings LLP, and Wellington Investment Advisors Holdings LLP
disclosed that as of Dec. 29, 2017, they have ceased to
beneficially own shares of common stock of Kona Grill, Inc.  A
full-text copy of the regulatory filing is available at:

                     https://is.gd/JoSpL7

                       About Kona Grill

Kona Grill, Inc., headquartered in Scottsdale, Arizona, Kona Grill,
Inc. currently owns and operates 45 upscale casual restaurants in
23 states and Puerto Rico.  The Company's restaurants offer freshly
prepared food, attentive service, and an upscale contemporary
ambiance.  The Company's high-volume upscale casual restaurants
feature a global menu of contemporary American favorites, sushi and
specialty cocktails.   Its menu items are prepared from scratch at
each restaurant location and incorporate over 40 signature sauces
and dressings, creating memorable flavor profiles that appeal to a
diverse group of customers.  Its diverse menu is complemented by a
full service bar offering a broad assortment of wines, specialty
cocktails, and beers.  Visit
www.konagrill.com for more information.

Kona Grill reported a net loss of $21.62 million for the year ended
Dec. 31, 2016, following a net loss of $4.49 million for the year
ended Dec. 31, 2015.  As of Sept. 30, 2017, Kona Grill had $103.59
million in total assets, $85.61 million in total liabilities and
$17.97 million in total stockholders' equity.

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


KONA GRILL: Wellington Trust Ceases as Shareholder as of Dc. 29
---------------------------------------------------------------
Wellington Trust Company, NA reported to the Securities and
Exchange Commission that as of Dec. 29, 2017, it no longer owns
shares of common stock of Kona Grill, Inc.  A full-text copy of the
regulatory filing is available for free at:

                       https://is.gd/zIUHyE

                         About Kona Grill

Kona Grill, Inc., headquartered in Scottsdale, Arizona, Kona Grill,
Inc. currently owns and operates 45 upscale casual restaurants in
23 states and Puerto Rico.  The Company's restaurants offer freshly
prepared food, attentive service, and an upscale contemporary
ambiance.  The Company's high-volume upscale casual restaurants
feature a global menu of contemporary American favorites, sushi and
specialty cocktails.   Its menu items are prepared from scratch at
each restaurant location and incorporate over 40 signature sauces
and dressings, creating memorable flavor profiles that appeal to a
diverse group of customers.  Its diverse menu is complemented by a
full service bar offering a broad assortment of wines, specialty
cocktails, and beers.  Visit www.konagrill.com for more
information.

Kona Grill reported a net loss of $21.62 million for the year ended
Dec. 31, 2016, following a net loss of $4.49 million for the year
ended Dec. 31, 2015.  As of Sept. 30, 2017, Kona Grill had $103.59
million in total assets, $85.61 million in total liabilities and
$17.97 million in total stockholders' equity.

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



LAYNE CHRISTENSEN: Corre Partners Has 5.3% Stake as of Dec. 31
--------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of shares of common stock of Layne Christensen Company as of Dec.
31, 2017:

                                        Shares     Percentage
                                     Beneficially     of
Reporting Persons                       Owned      Shares
-----------------                   ------------  ----------
Corre Opportunities Qualified
Master Fund, LP                        712,324        3.4%

Corre Opportunities II Master Fund, LP 307,533        1.5%

Corre Opportunities Fund, LP            95,725        0.5%

Corre Partners Advisors, LLC         1,115,582        5.3%

Corre Partners Management, LLC       1,115,582        5.3%

John Barrett                         1,128,165        5.4%

Eric Soderlund                       1,121,033        5.3%

The Shares and percentages disclosed are amounts that each
Reporting Person may be deemed to beneficially own if all
convertible notes held by the Reporting Persons were converted to
common stock.  Percentages are based on the sum of 19,882,366
shares outstanding reported as of Nov. 28, 2017 by the issuer on
the Oct. 31, 2017 10-Q filed on Dec. 5, 2017 and 1,184,962 shares
that the Reporting Persons may convert from all convertible notes
held by the Reporting Persons.

John Barrett and Eric Soderlund are each managing members of the
General Partner and the Investment Adviser, and as such each has
shared authority to dispose of and vote the shares of Common Stock.
Based on Rule 13d-3 of the Securities Exchange Act of 1934, as
amended, the General Partner, the Investment Adviser, and the
Managing Members may be deemed to beneficially own the shares of
Common Stock directly held by the Funds, but disclaim ownership for
any other purpose.

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

                      https://is.gd/eUlAMv

                   About Layne Christensen Co.

Layne Christensen Company -- http://www.layne.com/-- is a global
water management and services company, with more than 130 years of
industry experience, providing solutions to address the world's
water, minerals and infrastructure challenges.  The company's
customers include government agencies, investor-owned utilities,
industrial companies, global mining companies, consulting
engineering firms, heavy civil construction contractors, oil and
gas companies, power companies and agribusiness.  Layne Christensen
operates on a geographically dispersed basis, with approximately 72
sales and operations offices located throughout North America,
South America, and through our affiliates in Latin America.  Layne
maintains executive offices at 1800 Hughes Landing Boulevard, Suite
800, The Woodlands, Texas 77380.

Layne Christensen reported a net loss of $52.23 million for the
year ended Jan. 31, 2017, a net loss of $44.80 million for the year
ended Jan. 31, 2016, and a net loss of $109.32 million for the year
ended Jan. 31, 2015.

As of Oct. 31, 2017, Layne Christensen had $389.47 million in total
assets, $335.43 million in total liabilities and $54.03 million in
total equity.

"With respect to our 4.25% Convertible Notes, we have retained
advisors to assist us in evaluating alternatives and raising
capital to refinance or extend our debt to a date beyond October
15, 2019, and eliminate the accelerating maturity provisions of the
8.0% Convertible Notes.  We believe the refinance or extension of
our debt is likely based on current on-going discussions with
existing and new potential lenders, our improving financial
performance and credit quality, and the fact that our stock price
is above the $11.70 conversion price for the 8% Convertible Notes.
Although we believe these refinancing options are viable and
likely, because our plans to refinance or restructure our debt have
not been finalized, and therefore are not in our control (in part,
due to the fact that neither of our Convertible Notes can be
prepaid or have redemption provisions prior to February 2018),
these plans are not considered probable under the new standard.
Consequently, per the standard, these conditions, in the aggregate,
raise substantial doubt about our ability to continue as a going
concern within one year after the date these financial statements
are filed," said the Company in its quarterly report for the period
ended Oct. 31, 2017.


LIONS GATE: Egan-Jones Hikes Sr. Unsecured Ratings to BB
--------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 22, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Lions Gate Entertainment Corp to BB from BB-.

Founded in 1986 and headquartered in Santa Monica, California,
Lions Gate Entertainment Corp. engages in motion picture production
and distribution, television programming and syndication, home
entertainment, interactive ventures and games, and location-based
entertainment in Canada, the United States, and internationally.


LOUISVILLE ARENA: Moody's Hikes Revenue Bonds Rating From Ba3
-------------------------------------------------------------
Moody's Investors Service has upgraded to Baa3 from Ba3 the
outstanding underlying rating on various advance refunded
maturities of Louisville Arena Authority Inc.'s (LAA's) Project
Revenue Bonds, Series 2008 Bonds that were economically defeased by
the Series 2017A and 2017B Revenue Refunding Bonds. The outlook is
stable.

The following CUSIPs are affected: 49127KAX8, 49127KAY6, 49127KAZ3,
49127KBA7, 49127KBH2, 49127KBJ8, 49127KBK5, 49127KBL3, 49127KBM1,
49127KBN9, 49127KBP4.

RATINGS RATIONALE

The maintenance of the parity underlying rating on the securities
is due to the structure of the escrow agreement that requires LAA
to make up any shortfall that may occur. Thus, in this extreme
case, the advance refunded bonds are exposed to the underlying
credit quality of LAA.

The Baa3 rating reflects the LAA's high degree of cash flow
predictability and improved overall resiliency owing to a notable
reduction in annual debt service costs following a late 2017 debt
refinancing, coupled with the expected accelerated deleveraging due
to the addition of an excess cash sweep that is used to early
redeem debt over time. The credit profile also reflects the strong
support the LAA continues to enjoy from its key stakeholders,
including the recent extension and improvement of its three primary
long-term revenue agreements through the earlier of the end of 2054
or until the debt is repaid, with the Louisville & Jefferson County
Metropolitan Government (Metro Louisville, Aa1, stable), the
Commonwealth of Kentucky (Aa3, stable) and the University of
Louisville, KY (A3, negative). These extensions, coupled with
extensions of other long-term revenue agreements with the event and
sponsorship managers that include minimum annual revenue guarantees
plus revenue sharing for the next decade, provide a high degree of
overall cash flow predictability. This support is fundamental to
the long-term credit quality of the LAA and the support from the
stakeholders has been continually evidenced by the multiple parties
since the arena opened.

The more manageable capital structure reflected in the reduced
annual debt service costs and the addition of the cash sweep that
combined lower the amount of annual revenue growth required to
adequately cover the still rising debt service schedule on an
annual basis with a sufficient margin to ensure adequate excess
cash flow to fund capital reinvestment over time. Under most
scenarios, the more certain Metro Louisville and Tax Increment
Finance (TIF) revenues combined can cover the annual debt service
of the LAA bonds and at some point these combined revenues are able
to cover the maximum annual debt service (MADS) of the outstanding
LAA bonds, though this is not expected for several years. The
project's ability to achieve this resiliency fully depends on the
future growth in the more volatile sales tax based TIF revenues
collected within the 2-square mile downtown TIF district as they
account for about 90% of TIF revenues. However, if this does occur,
this would notably improve the cash flow predictability of the
revenues pledged to pay the bonds.

A strong liquidity profile helps mitigate the uncertainty related
to a potential loss of revenues owing to the pending FBI
investigations surrounding the team and the uncertain NCAA
sanctions that may impact the team's ability to attract talent and
field a quality team as well as the team's brand for a few years.
Depending on the severity of the sanctions, the impact could be
limited and short lived or could be more prolonged and deeper than
anticipated. Lower demand for premium seating, sponsorships, naming
rights, and general ticket sales would result in lower revenues to
the LAA, though this is not expected to be material given the
strong underlying support for the team and Moody's view that the
NCAA is unlikely to levy severe sanctions like not allowing the
team to play regular season games.

The LAA's liquidity is not only stronger in the near term, due to
the upfront funding of reserves, but remains strong over time as
annual excess cash flows are used to fund a renewal and replacement
(R&R) fund before remaining in an early debt redemption fund until
these excess funds are used to early redeem outstanding debt,
starting five years after financial close. The strong liquidity
available at financial close includes the debt funded $12 million
R&R fund, the temporary surety funded $10 million additional
liquidity reserve that is available for 7-years post financial
close, the cash funded O&M reserve that varies in size from 6
months to 12 months of future O&M costs depending on the time of
the year, and the 12 month debt service reserve that is 50% cash
funded and 50% surety funded. These multiple layers of liquidity
provide a strong buffer to unknown downside risks over the next
several years should they occur and provide sufficient cushion to
adequately balance the unknown potential impact of these risks as
final resolution will likely take some time.

Exposure to declines in attendance is mitigated by a long history
of strong fan support with historical attendance at home games
averaging 96% of capacity for men's basketball, as well as the new
agreement with the University of Louisville Athletic Association
(ULAA) that includes a minimum payment that along with the minimum
payment from the events manager, AEG, can cover the LAA's annual
operating and maintenance (O&M) expenses. This is key as these
revenues along with the team related ticket surcharge and
concession revenues are the only source of funds available to pay
the O&M costs. That being said, the performance of the University
of Louisville's men's and women's basketball teams remains an
underlying driver of long-term demand and revenue growth, yet to a
lesser extent now with the extension and changes in the revenue
agreements that provide a more predictable overall revenue base.

Outlook

The stable outlook reflects Moody's view that the project's
improved resiliency following completion of the refinancing is able
to withstand any near-term decline in pledged revenues while still
comfortably covering all costs and producing adequate debt service
coverage ratios. The outlook also considers the strong initial
liquidity that helps balance the risk of a sharp decline in
revenues due to the possible fall out from still uncertain NCAA
sanctions on the University of Louisville's men's basketball team.

Factors that could lead to an upgrade:

* Higher than forecast pledged revenue growth, especially from the
TIF revenues, that results in faster deleveraging and stronger than
forecast annual debt service coverage ratios above 1.75x on a
sustained basis

* Annual TIF revenues plus the Metro Louisville payment exceed the
maximum annual debt service on the bonds with a margin

Factors that could lead to a downgrade:

* Pledged revenues decline more than anticipated with limited
recovery prospects resulting in debt service coverage ratios below
1.25x on a sustained basis

Profile

Kentucky Economic Development Finance Authority (KEDFA) is the
conduit issuer and a political subdivision of the Commonwealth of
Kentucky authorized to issue revenue bonds to finance the costs of
economic development projects. KEDFA has lent the bond proceeds to
LAA pursuant to a loan agreement between the two parties. The LAA
has pledged its gross revenues to repay the loan, whose repayment
schedule mirrors the bond repayment schedule.

The Louisville Arena Authority (LAA, the arena, or the KFC Yum!
Center) is a 22,000 seat multipurpose arena with restaurants,
conference rooms, 72 suites, and a 760-space parking garage. Its
anchor tenant is the University of Louisville's men's and women's
basketball teams. In addition to the university events, the arena
is designed for concerts, corporate conventions, and could
accommodate a professional minor league sports team.

The principal methodology used in these ratings was Generic Project
Finance Methodology published in December 2010.


MAHIPAL RAVIPATI: Proposed Auction Sale of Vehicles Approved
------------------------------------------------------------
Judge Clifton R. Jessup, Jr. of the U.S. Bankruptcy Court for the
Northern District of Alabama authorized Mahipal Ravipati's sale of
a 2011 Honda Odyssey van and a 2013 Mercedes ML350 automobile at
public auction, free and clear of their respective liens.

A hearing on the Motion was held on Feb. 05, 2018.

Mahipal Ravipati sought Chapter 11 protection (Bankr. N.D. Ala.
Case No. 17-82502) on Aug. 24, 2017.  Judge Clifton R. Jessup, Jr.,
is the case judge.  The Debtor tapped Kevin M. Morris, Esq., and
Tazewell T. Shepard, IV, Esq., at SPARKMAN, SHEPARD & MORRIS, P.C.,
in Huntsville, Alabama, as counsel.



MARQUIS DIAGNOSTIC: Case Summary & Largest Unsecured Creditors
--------------------------------------------------------------
Lead Debtor: Marquis Diagnostic Imaging, LLC
             9945 Haynes Bridge Road
             Suite 200, Box 226
             Alpharetta, GA 30022

Type of Business: Marquis Diagnostic Imaging is an outpatient
                  diagnostic imaging center that provides a
                  comprehensive exam for  patients experiencing
                  serious heart conditions, stroke and other life-
                  threatening diseases.  Marquis offers MRI
                  (Magnetic Resonance Imaging), CT (Computed
                  Tomography), Ultrasound, and X-ray services.
                  The Company maintains its facilities in Gilbert
                  and Phoenix, Arizona.

Chapter 11 Petition Date: February 9, 2018

Affiliates that simultaneously filed Chapter 11 petitions:

   Debtor                                            Case No.
   ------                                            --------
   Marquis Diagnostic Imaging, LLC                   18-52365
   Marquis Diagnostic Imaging of North Carolina, LLC 18-52367
   Marquis Diagnostic Imaging of Arizona, LLC        18-52380

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Debtors' Counsel: Henry F. Sewell, Jr., Esq.
                  LAW OFFICES OF HENRY F. SEWELL, JR.
                  Suite 200
                  2964 Peachtree Road NW, Suite 555
                  Atlanta, GA 30305
                  Tel: 404-926-0053
                  Fax: 404-393-7832
                  E-mail: hsewell@sewellfirm.com

Assets and Liabilities:

                            Estimated            Estimated
                             Assets              Liabilities
                            ---------            -----------
MD Imaging, LLC        $1 mil.-$10 million       $0-$50,000
MD Imaging of NC            $0-$50,000      $1 mil.-$10 million
MD Imaging of Arizona  $1 mil.-$10 million  $1 mil.-$10 million

The petitions were signed by Gene Venesky, authorized
representative.

A copy of Marquis Diagnostic Imaging, LLC's petition containing,
among other items, a list of the Debtor's eight unsecured creditors
is available for free at:

          http://bankrupt.com/misc/ganb18-52365.pdf

A copy of Marquis Diagnostic Imaging of North Carolina, LLC's
petition containing, among other items, a list the Debtor's
four unsecured creditors is available for free at:

          http://bankrupt.com/misc/ganb18-52367.pdf

A copy of Marquis Diagnostic Imaging of Arizona's petition
containing, among other items, a list of 20 largest unsecured
creditors is available for free at:

          http://bankrupt.com/misc/ganb18-52380.pdf


MARRONE BIO: Ardsley Advisory Has 14.61% Stake as of Feb. 5
-----------------------------------------------------------
In a Schedule 13D filed with the Securities and Exchange
Commission, these entities reported beneficial ownership of shares
of common stock of Marrone Bio Innovations, Inc. as of Feb. 5,
2018:

                                         Shares     Percentage
                                      Beneficially     of
  Reporting Persons                       Owned      Shares
  -----------------                   ------------  ----------
Ardsley Advisory Partners              15,681,580     14.61%
Philip J. Hempleman                    15,681,580     14.61%
Ardsley Partners I                     15,631,580     14.56%
Ardsley Partners Fund II, L.P.            595,300      0.58%
Ardsley Partners Advanced
  Healthcare Fund, L.P.                1,189,700       1.17%
Ardsley Partners Renewable
  Energy Fund, L.P.                    13,846,580     12.90%
Ardsley Duckdive Fund, L.P.                50,000      0.05%

Each Reporting Person, as a member of a "group" with the other
Reporting Persons for the purposes of Section 13(d)(3) of the
Securities Exchange Act of 1934, as amended, may be deemed the
beneficial owner of the shares of Common Stock directly owned by
the other Reporting Persons.  Each Reporting Person disclaims
beneficial ownership of such shares except to the extent of his or
its pecuniary interest therein.

The principal business of Ardsley Advisory Partners is serving as
investment manager to certain private investment funds, including
Fund II, Healthcare Fund, Renewable Energy Fund and Duckdive Fund,
and to make investment decisions on behalf of these private
investment funds.  The principal business of Ardsley Partners is
serving as the general partner of certain limited partnerships,
including Fund II, Healthcare Fund and Renewable Energy Fund.  Mr.
Philip Hempleman serves as managing partner of the Advisor and the
General Partner.  The principal business of Fund II, Healthcare
Fund, Renewable Energy Fund and Duckdive Fund is serving as private
investment limited partnerships.

On Feb. 5, 2018, the Renewable Energy Fund purchased from the
Issuer an aggregate of 6,666,667 shares of Common Stock of the
Issuer as well as 5,333,333 warrants exercisable for shares of
Common Stock of the Issuer at an exercise price of $1.00 per share,
for total consideration of $5,000,000 derived from the Renewable
Energy Fund's working capital.

                  Renewable Purchase Agreement

On Dec. 14, 2017, the Renewable Energy Fund entered into a
Securities Purchase Agreement pursuant to which the Renewable
Energy Fund agreed to acquire from the Issuer 6,666,667 shares of
Common Stock of the Issuer as well as 5,333,333 warrants
exercisable for shares of Common Stock of the Issuer at an exercise
price of $1.00 per share.  The Common Stock of the Issuer and the
warrants of the Issuer were issued to the Renewable Energy Fund on
Feb. 5, 2018.  In connection with the Securities Purchase
Agreement, the Reporting Persons entered into a certain Voting and
Lock-Up Agreement and the Renewable Energy Fund entered into a
certain Registration Rights Agreement.

Pursuant to the Voting and Lock-Up Agreement, the Reporting Persons
have agreed to vote to elect certain persons designated by Ospraie
AG Science LLC and its affiliates to become members of the board of
directors of the Issuer.  The Reporting Persons are obligated to
vote to elect up to two designated persons to become members of the
Board at an annual meeting of the Issuer scheduled to take place in
2018.  The Reporting Persons are also obligated to vote to elect up
to two designated persons to become members of the Board at an
annual meeting of the Issuer scheduled to take place in 2019.

In addition, pursuant to the Voting and Lock-Up Agreement, the
Reporting Persons may not sell or otherwise dispose of any shares
of the Common Stock of the Issuer before Aug. 4, 2018.

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

                       https://is.gd/goqVIo

                 About Marrone Bio Innovations

Based in Davis, California, Marrone Bio Innovations, Inc. --
http://www.marronebio.com/-- 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.


MATTEL INC: Egan-Jones Hikes FC Unsecured Debt Rating to BB
-----------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 29, 2018, upgraded the foreign
currency senior unsecured rating on debt issued by Mattel Inc. to
BB from BB-.

Founded in 1945 and headquartered in El Segundo, California, Mattel
Inc. offers dolls and accessories, vehicles and play sets, and
games and puzzles under the Mattel Girls & Boys brands, including
Barbie, Monster High, Ever After High, Polly Pocket, DC Super Hero
Girl, Disney Classics, Hot Wheels, Matchbox, CARS, DC Comics, WWE
Wrestling, Minecraft, Max Steel, Little Mommy, BOOMco., and Toy
Story.


MEG ENERGY: Moody's Hikes Rating on US$750MM 2nd Lien Notes to B3
-----------------------------------------------------------------
Moody's Investors Service upgraded MEG Energy Corp.'s US$750
million senior secured second lien notes due 2025 to B3 from Caa1.
Moody's also affirmed the B3 Corporate Family Rating (CFR), B3-PD
Probability of Default Rating, Ba3 senior secured term loan and
revolver ratings, Caa2 senior unsecured notes rating and SGL-1
Speculative Grade Liquidity Rating. The outlook remains stable.

The action follows MEG's February 8, 2018 announcement of the sale
of its Access pipeline and Stonefell terminal for C$1.61 billion.
MEG will use C$1.225 billion of the proceeds to pay down the senior
secured term loan with the balance largely funding future capital
expenditures. The upgrade of the second lien notes to B3 is the
result of less priority ranking debt ahead of the second lien
notes, which improves recovery.

"While the asset sale will enable MEG to significantly reduce total
debt, cash flow will be reduced due to increased transportation
costs and wider heavy oil differentials, which mute the impact on
leverage through 2019," said Paresh Chari Moody's Assistant Vice
President.

Upgrades:

Issuer: MEG Energy Corp.

-- Senior Secured 2nd Lien Regular Bond/Debenture, Upgraded to
B3(LGD3) from Caa1(LGD4)

Affirmations:

Issuer: MEG Energy Corp.

-- Probability of Default Rating, Affirmed B3-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-1

-- Corporate Family Rating, Affirmed B3

-- Senior Secured 1st Lien Bank Credit Facility, Affirmed Ba3
    (LGD2)

-- Senior Unsecured Regular Bond/Debentures, Affirmed Caa2 (LGD5)

Outlook Actions:

Issuer: MEG Energy Corp.

-- Outlook, Remains Stable

RATINGS RATIONALE

MEG's B3 CFR is constrained by weak expected credit metrics (debt
to EBITDA about 6x, retained cash flow/debt about 10%,
EBITDA/interest about 2.5x) in 2018 and 2019, weak cash margins
driven by its 100% exposure to heavy oil, and concentration in one
asset, the Christina Lake oil sands project. The rating is
supported by very good liquidity, no term loan or note maturities
before 2023, and substantial reserves in key productive areas of
the Athabasca oil sands region that can be developed to grow
production.

MEG's liquidity is very good (SGL-1). At December 31, 2017, and pro
forma for the pipeline and terminal sale and repayment of the term
loan, MEG will have about C$740 million of cash. Combined with an
undrawn US$1.4 billion revolving credit facility, which matures in
2021, MEG will have ample liquidity to cover expected negative free
cash flow of about C$400 million through Q1 2019. MEG has no
financial covenants. The company's alternative liquidity is limited
because all of its assets are pledged to the senior secured
revolver and term loan.

In accordance with Moody's Loss Given Default (LGD) Methodology,
the combined pro forma US$1.6 billion secured revolving credit
facility and term loan, are rated Ba3, three notches above the B3
CFR, reflecting the loss absorption cushion provided by the lower
ranking second lien and unsecured notes. The second lien US$750
million notes are rated B3, and the US$800 million and the US$1
billion senior unsecured notes are rated Caa2, two notches below
the CFR.

The stable outlook reflects Moody's expectation that credit metrics
will remain steady and in-line with the rating through 2019.

The ratings could be upgraded if retained cash flow to debt and
EBITDA to interest are sustainably above 10% and 2x, respectively,
and liquidity is adequate.

The ratings could be downgraded if retained cash flow to debt is
below 5%, EBITDA to interest is below 1.5x or liquidity is weak.

MEG Energy Corp. is a publicly-listed Calgary, Alberta based
steam-assisted-gravity-drainage (SAGD) oil sands developer and
operator. In Q4 2017, MEG produced about 90,000 bbls/day of bitumen
(all production and reserves are net of royalties) in the Christina
Lake area of the Athabasca Oil Sands region in Northern Alberta.

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


MESOBLAST LTD: Ends Dec. 31 Quarter With $47.4 Million in Cash
--------------------------------------------------------------
Mesoblast Limited filed with the U.S. Securities and Exchange
Commission its quarterly report (for entities subject to Listing
Rule 4.7B) for the quarter ended Dec. 31, 2017.

At the beginning of the quarter, Mesoblast had cash and cash
equivalents of US$62.94 million.  Net cash used in operating
activities was US$14.86 million.  Net cash used in investing
activities was US$54,000.  Net cash used in financing activities
was US$519,000.  As a result, the Company had cash and cash
equivalents of US$47.38 million at the end of the quarter.

Mesoblast's cash and cash equivalents will be augmented by its
royalty and milestone income earned on sales of TEMCELL HS Inj. in
Japan; as well as interest income receipts.

Mesoblast is in advanced negotiations with selected pharmaceutical
companies with respect to potential partnering of certain Tier 1
product candidates.  If Mesoblast enters into a binding transaction
in the next quarter, Mesoblast expects that one effect of the
transaction is that its cash reserves are likely to increase.
Mesoblast does not make any representation or give any assurance
that such a binding transaction will be concluded.

Mesoblast has established an equity facility with Kentgrove Capital
for up to A$120 million/US$90 million to be used at its discretion
to provide additional funds as required.  In accordance with
contractual obligations to maintain this facility for the next 18
months, 2 million reserve shares (which can only be sold at the
Company's direction) and 1.5 million incentive rights were recently
issued to Kentgrove.

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

                    https://is.gd/LadXI3

                      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.


MICHELE MAYER: Proposes $112K Short Sale of Visalia Property
------------------------------------------------------------
Michele Ann Mayer asks the U.S. Bankruptcy Court for the Southern
District of California to authorize the short sale of her real
property located at 1348 East Sunnyview Ave., Visalia, California
for $112,000.

The Debtor is the owner of her principal residence in Lakeside,
California, and nine properties in Tulare County, California.  She
has sold three of The Rental Properties for profit and is holding
the proceeds in a blocked account for the benefit of creditors in
her Plan.

The Debtor has negotiated or is in the process of negotiating
"short sales" on four of the Rental Properties.  The Short Sale
Properties are overencumbered by liens and thus have no value to
the estate.  Furthermore, these properties are a drain on estate
resources insofar as they are not receiving rental income but
accrue expenses to maintain.

The Debtor wishes to "short sell" the Subject Property.  She asks
authorization from the Court to close the short sale only upon
agreement from all secured lenders.  She does not seek through the
Motion to adversely affect any creditor without their consent.

The Debtor previously filed a Motion to Sell the Subject Property
and Noticed the Motion on Oct. 25, 2017 which the Court granted on
Nov. 24, 2017.  The buyer at the time of the Motion cancelled the
agreement on Dec. 8, 2017 and the house was listed for sale again.

The fair market value of The Subject Property is $112,000.  The
Subject Property is a 3-bedroom, 2-bathroom, 1148 sq. ft.
single-family home in a planned unit development.  It has a common
area pool, recently replaced water heater and AC/Heater unit, but
the roof cannot be certified due to the wood construction and age,
and has dry rot in some areas.

The Broker undertook extensive marketing efforts to list and to
sell the Subject Property by listing it in the Tulare County MLS,
and picked up by Zillow, Realtor.com, Homes.com, and Broker
believes the sale price is a reasonable price reflective of the
fair market value of the Subject Property.  The Debtor's Broker
believes the offer is fair and reasonable and in the best interest
of the Debtor and her estate.

The Subject Property is encumbered by one deed of trust, in favor
of Ditech Financial, LLC as a first position lien in the
approximate amount of $159,088.  The total amount of encumbrances
on the Subject Property is approximately $159,088.  The Debtor has
entered into an agreement with her lenders to "short sell" the
Subject Property.  The agreed gross sales price is $112,000.

The Debtor has reached an agreement with Ditech to settle Ditech's
lien in full for $104,122.  The Debtor has received an approval
letter from Ditech confirming this agreement.  The Short Sale
Approval is subject to expiration on March 1, 2018.  However, the
Debtor's real estate broker is in active discussions with Ditech
and is confident the expiration date will be extended to allow the
short sale to close.

The commissions of $5,040 are to be paid to the brokers
facilitating the sale, with other liabilities and costs of sale in
the amount of $2,838, totaling $7,878.  The Debtor will receive no
proceeds or compensation in any form from the proposed short sale,
which would be approximately Feb. 28, 2018.

The estimated closing date for the short sale on the Subject
Property is Feb. 28, 2018.  However, it is anticipated that the
parties will request a short extension following the filing of the
Motion.  The sale will have no negative impact on unsecured
creditors or the estate, but will serve to increase cash flow and
reduce financial obligations of the Debtor, leading to a net
benefit for the estate.

The Debtor agrees to provide the Office of the United States
Trustee a copy of the escrow closing statement within 14 days of
the close of escrow as a condition to any approval of the Motion.

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

Lakeside, California-based Michele Ann Mayer sought Chapter 11
protection (Bankr. S.D. Cal. Case No. 16-07171) on Nov. 25, 2016.
The Debtor tapped Andrew Moher, Esq., at Moher Law Group, as
counsel.  She also engaged Cindy Coray and Modern Broker as her
real estate broker through March 5, 2018.


MPM HOLDINGS: Posts $19 Million Net Income in Fourth Quarter
------------------------------------------------------------
MPM Holdings Inc. announced results for the fourth quarter and year
ended Dec. 31, 2017.

"We are pleased to report another year of strong growth and margin
expansion," said Jack Boss, chief executive officer and president.
"Our continued momentum is reflective of the underlying
attractiveness and versatility of silicones technology, the breadth
of our applications and a clearly defined strategy to accelerate
profitable growth and transform our global operations. We continue
to improve our portfolio mix by focusing our investments in our
higher margin specialty products, as well as driving ongoing cost
and productivity initiatives.  As we look out into 2018, we see
continued strong demand, solid and improving industry fundamentals
and significant upside in the capital investments we have made in
our specialty product portfolio over the last several years."

Net sales for the three months ended Dec. 31, 2017 were $599
million, an increase of 10% compared with $544 million in the prior
year.  The increase in net sales was driven by volume gains in
Momentive's Performance Additives segment and the specialty portion
of the Company's Formulated and Basic Silicones product portfolio.
Volume gains were driven by increased demand in consumer,
automotive and personal care end markets.

Net income for the three months ended Dec. 31, 2017 was $19 million
compared with a net loss of $118 million in the prior year period.

Segment EBITDA for the three months ended Dec. 31, 2017 was $83
million, an increase of 28% compared with $65 million in the prior
year period.  The increase in Segment EBITDA was driven by volume
growth in the specialty portion of the Company's Formulated and
Basic Silicones product portfolio, operating leverage within the
Quartz Technologies segment and strategic capital investments.
Subsequent to quarter end, Momentive implemented price increases
across its entire product portfolio which are expected to benefit
the Company in fiscal year 2018.

Net sales for the twelve months ended Dec. 31, 2017 were $2.33
billion, an increase of 4% compared with $2.23 billion in the
prior-year.  The increase in net sales was driven by volume gains
in Momentive's Performance Additives segment and the specialty
portion of the Company's Formulated and Basic Silicones product
portfolio, partially offset by Momentive's strategic decision to
deemphasize the sale of lower margin products.  Volume gains were
driven by increased demand in consumer, automotive and electronics
end markets.

Net Income for the twelve months ended Dec. 31, 2017 was $0
compared with a net loss of $163 million in the prior year period.

Segment EBITDA for the twelve months ended Dec. 31, 2017 was $293
million, an increase of 23% compared with $238 million in the prior
year period.  The increase in Segment EBITDA was driven primarily
by the same factors that contributed to fourth quarter 2017 Segment
EBITDA growth.

At Dec. 31, 2017, Momentive had net debt, which is total debt less
cash and cash equivalents, of approximately $1.1 billion.  In
addition, at Dec. 31, 2017, Momentive had $387 million in
liquidity, including $173 million of unrestricted cash and cash
equivalents, and $214 million of availability under its senior
secured asset-based revolving loan facility (undrawn, with $56
million letters of credit outstanding).  Momentive expects to have
adequate liquidity to fund its operations for the foreseeable
future from cash on its balance sheet, cash flows provided by
operating activities and amounts available for borrowings under the
ABL facility.

As of Dec. 31, 2017, MPM Holdings had $2.71 billion in total
assets, $2.17 billion in total liabilities and $544 million in
total equity.

A full-text copy of the press release is available at:

                      https://is.gd/W3GFfW

                       About MPM Holdings

MPM Holdings Inc. -- http://www.momentive.com/-- is a holding
company that conducts substantially all of its business through its
subsidiaries.  Momentive's wholly owned subsidiary, MPM
Intermediate Holdings Inc., is a holding company for its wholly
owned subsidiary, Momentive Performance Materials Inc. and its
subsidiaries.

As a result of MPM's reorganization and emergence from Chapter 11
bankruptcy on Oct. 24, 2014, Momentive became the indirect parent
company of MPM in accordance with MPM's plan of reorganization
pursuant to MPM's emergence from Chapter 11 bankruptcy on the
Emergence Date.  Prior to its reorganization, MPM, through a series
of intermediate holding companies, was controlled by investment
funds managed by affiliates of Apollo Management Holdings, L.P.

Momentive, along with its subsidiaries, is a producer of silicones,
silicone derivatives and functional silanes.  Momentive is a global
leader in the development and manufacture of products derived from
quartz and specialty ceramics.

                          *    *    *

This concludes the Troubled Company Reporter's coverage of MPM
Holdings' until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.


NAKED BRAND: Failure to Hold Annual Meeting Triggers Noncompliance
------------------------------------------------------------------
Naked Brand Group Inc. received written notice from the Listing
Qualifications Staff of The Nasdaq Stock Market on Feb. 1, 2018,
notifying the Company that it no longer complies with Nasdaq
Listing Rule 5620(a) due to the Company's failure to hold an annual
meeting of stockholders within 12 months of the end of the
Company's fiscal year ended Jan. 31, 2017.  The Company delayed
holding its 2017 annual meeting of stockholders because of the
contemplated business combination with Bendon Limited and Bendon
Group Holdings Limited that would be submitted to the Company’s
stockholders for a vote at a meeting.

Nasdaq's notice has no immediate effect on the listing of the
Company's common stock on The Nasdaq Capital Market.  Under Nasdaq
Listing Rule 5810(c)(2)(G), the Company has 45 calendar days from
Feb. 1, 2018 to submit to Nasdaq a plan to regain compliance with
the Annual Meeting Requirement.  If Nasdaq accepts the Company’s
plan, Nasdaq may grant an extension of up to 180 calendar days from
the end of the fiscal year ended Jan. 31, 2017, or until July 30,
2018, to regain compliance.  If Nasdaq does not accept the
Company's plan, the Company will have the right to appeal such
decision to a Nasdaq hearings panel.

The Company intends to submit to Nasdaq, within the requisite
period, a plan to regain compliance with the Annual Meeting
Requirement.  There can be no assurance that Nasdaq will accept the
Company's plan or that the Company will be able to regain
compliance with the Annual Meeting Requirement or maintain
compliance with any other Nasdaq requirement in the future.

                    About Naked Brand Group

Madison, New York-based Naked Brand Group Inc. --
http://www.nakedbrands.com-- is an apparel and lifestyle brand
company that is currently focused on innerwear products for women
and men.  Under the Company's flagship brand name and registered
trademark "Naked", Naked Brand designs, manufactures and sells
men's and women's underwear, intimate apparel, loungewear and
sleepwear through retail partners and direct to consumer through
its online retail store http://www.wearnaked.com/ The Company has
a growing retail footprint for its innerwear products in premium
department and specialty stores and internet retailers in North
America, including accounts such as Nordstrom, Dillard's,
Bloomingdale's, Amazon.com, Soma.com, SaksFifthAvenue.com,
barenecessities.com and others.
  
Naked Brand reported a net loss of US$10.79 million for the year
ended Jan. 31, 2017, compared with a net loss of US$19.06 million
for the year ended Jan. 31, 2016.  As of Oct. 31, 2017, Naked Brand
had $4.87 million in total assets, $936,892 in total liabilities
and $3.94 million in total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended Jan.
31, 2017, stating that the Company incurred a net loss for the year
ended Jan. 31, 2017, and the Company expects to incur further
losses in the development of its business.  This condition raises
substantial doubt about the Company's ability to continue as a
going concern.


NATIONAL TRUCK: Yolo Capital Has Valid Security Interests in Trucks
-------------------------------------------------------------------
Bankruptcy Judge Katharine M. Samson issued an order denying
Debtors National Truck Funding LLC and American Truck Group LLC's
motion for partial summary judgment and denying Creditors Yolo
Capital Inc., Hannah Baby LLC, First United Management Inc., and
Moonpie FLP's cross-motion for partial summary judgment in the
adversary proceeding captioned NATIONAL TRUCK FUNDING LLC, AMERICAN
TRUCK GROUP LLC, Plaintiffs, v. YOLO CAPITAL INC., HANNAH BABY LLC,
FIRST UNITED MANAGEMENT INC., THE MOONPIE LIMITED PARTNERSHIP d/b/a
MOONPIE FLP, Defendants, Adv. No. 17-06049-KMS (Bankr. S.D.
Miss.).

The ultimate issue before the Court is whether the Creditors have a
valid, perfected security interest in cash proceeds--specifically,
in monies that NTF receives as rental payments for the semi-trucks
it leases to individual independent operators under rental
contracts. To fully resolve the dispute would require determining
under Count One of the three-count Complaint whether the Creditors
have valid, perfected security interests in the Trucks themselves.
At this juncture, however, and only for the purposes of the Motion
and the Cross-Motion, the Court assumes that relief under Count One
has been denied, meaning that the Creditors do have valid,
perfected security interests in the Trucks. Summary judgment is
thus considered only for Counts Two and Three.

Assuming the Creditors' perfected security interests in the Trucks,
the question under Count Two is whether the Creditors then
perfected a security interest in the Rental Agreements as proceeds.
The question under Count Three is whether the Creditors have any
basis besides the Rental Agreements on which to claim a security
interest in the Payments.

Under Article 9 of the Uniform Commercial Code, payments under a
lease are proceeds of the original collateral. The Creditors thus
have a basis besides the Rental Agreements on which to claim a
security interest in the Payments. The Motion is therefore denied
without reaching the question of whether the Creditors perfected a
security interest in the Rental Agreements.

Yet to resolve, however, is whether the payments are identifiable
such that a security interest could be perfected. The Cross-Motion,
which seeks an order that the Creditors have a valid and perfected
security interest in the payments, is therefore also denied.

Because whether the payments are "identifiable" is an issue of
material fact, the Creditors are not entitled to partial summary
judgment. And because the Trucks are a basis on which the Creditors
may claim a security interest in the Payments, the Debtors are not
entitled to partial summary judgment.

The bankruptcy case is in re: NATIONAL TRUCK FUNDING LLC, AMERICAN
TRUCK GROUP LLC, CHAPTER 11, Debtors, Case No. 17-51243-KMS (Bankr.
S.D. Miss.).

A full-text copy of Judge Samson's Opinion and Order dated Jan. 24,
2018 is available at https://is.gd/tEpXox from Leagle.com.

National Truck Funding, LLC, Debtor, represented by Joseph P.
Briggett -- jbrigett@lawla.com -- Lugenbuhl, Wheaton, Peck, Rankin
& Hubbard, Christopher T. Caplinger , Lugenbuhl Wheaton Peck Rankin
& Hubbar, Meredith S. Grabill -- mgrabill@lawla.com -- Lugenbuhl
Wheaton Peck Rankin & Hubbard, Benjamin W. Kadden --
bkadden@lawla.com -- Lugenbuhl Wheaton Peck Rankin & Hubbard,
Stewart Foster Peck -- speck@lawla.com -- Lugenbuhl Wheaton Peck
Rankin & Hubbard, James W. Thurman -- jthurman@lawla.com --
Lugenbuhl Wheaton Peck Rankin & Hubbard & William P. Wessler,
William P. Wessler.

United States Trustee, U.S. Trustee, represented by Christopher J.
Steiskal, Sr. , United States Trustee

                About National Truck Funding

Headquartered in Gulfport, Mississippi, National Truck Funding, LLC
-- http://nationaltruckfunding.com/-- retails and rents trucks.  
It operates as a subsidiary of American Truck Group, LLC --
http://americantruckgroup.com/    

National Truck and American Truck sought Chapter 11 protection
(Bankr. S.D. Miss. Case Nos. 17-51243 and 17-51244) on June 25,
2017.  Louis J. Normand, Jr., their manager, signed the petitions.

National Truck estimated its assets and liabilities at $10 million
to $50 million.  American Truck estimated its assets and
liabilities at $1 million to $10 million.

Judge Katharine M. Samson presides over the cases.

The Debtors hired Lugenbuhl, Wheaton, Peck, Rankin & Hubbard as
bankruptcy counsel; Wessler Law Firm as local counsel; Haworth
Rossman & Gerstman, LLC, as special counsel, Lefoldt & Company PA
as accountant; and Chaffe & Associates as restructuring advisor and
investment banker.


NEWFIELD EXPLORATION: Egan-Jones Hikes Sr. Unsec. Ratings to BB+
----------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 12, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Newfield Exploration Co to BB+ from BB.

Newfield Exploration Company, an independent energy company,
engages in the exploration, development, and production of crude
oil, natural gas, and natural gas liquids in the United States. The
company was founded in 1988 and is headquartered in The Woodlands,
Texas.


NNN 400 CAPITOL: Creditors to Get Full Payment Under the Plan
-------------------------------------------------------------
NNN 400 Capitol Center, LLC, and its affiliates submitted to the
U.S. Bankruptcy Court for the District of Delaware a Disclosure
Statement for use in solicitation of votes of their Joint Plan of
Reorganization filed on January 19, 2018.

A hearing on will be held on February 27, 2018 at 10:00 a.m. during
which time the Court will consider adequacy of the Debtors'
Disclosure Statement

Each of the Debtors are tenants in common in real estate and
improvements located at 400 W. Capitol Avenue, Little Rock,
Arkansas 72201 -- known as Regions Center Tower. Each Debtor was
formed for the purpose of acquiring such tenant in common interest
pursuant to an offering made by NNN 400 Capital Center in 2006.

The Debtors believe that the value of the Property is between
$44,000,000 and $49,000,000, based on an appraisal dated April 29,
2017. Since the appraisal, the Property has gained more tenants and
is presently lease at approximately 86%. The Debtors believe that
the additional leased space at the Property has further increased
the value of the Property.

The Plan contemplates the full payment as of the Effective Date of
Allowed Administrative Claims, Allowed Tax Claims, Allowed Priority
Claims, Allowed Secured Claims, and Allowed Unsecured Claims.

On the Effective Date, all property of the Estates will revest in
the Debtors, subject to the Liens expressly created or preserved by
the Plan, but otherwise free and clear of all other liens, claims,
interests and encumbrances.

Pursuant to the Plan, on the distribution date, the Debtors will
pay to Holders of Allowed Class 3 Unsecured Claims, the principal
amount of such Allowed Claims, without interest or fees. Class 3 is
unimpaired under the Plan and is conclusively presumed to have
accepted the Plan, and therefore, Class 3 Claims are not entitled
to vote the Plan.

The Debtors may have contingent Claims against each other, which
claims arise from the Tenants In Common Agreement (TIC). The TIC
imposes obligations on each of the Debtors with respect to the
funding of Property expenses. It further provide for the exercise
of buyout rights with respect to defaulting or dissenting tenants
in common of the Property.

The TIC Agreement also contains a call provision which provides
each of the Debtors as a TIC owner an option to purchase any other
Debtor's ownership interest who do not consent to the sale or
refinancing of the Property, which can only be exercised upon the
Debtors (owning 66 2/3% or more of the Property) consent to such
sale or refinancing.

Class 4 is comprised of Inter-TIC Claims, including claims by the
beneficial owners of the TICs, will be paid by the respective
Debtor in full on the Distribution Date. No interest will accrue or
be payable on account of any Inter-TIC Claims. Class 4 is
unimpaired under the Plan and is conclusively presumed to have
accepted the Plan.

As a result of the continued operation of the Property, including
the collection of revenue and the payment of expenses, the
existence and amount of any Claims arising under the TIC Agreement
have not been determined.

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

            http://bankrupt.com/misc/deb16-12728-244.pdf

                 About NNN 400 Capitol Center 16

NNN 400 Capitol Center 16, LLC and 23 of its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Lead Case No. 16-12728) on December 9, 2016.  The petitions were
signed by Charles D. Laird & Peggy Laird on behalf of Charles D.
Laird and Peggy Laird Revocable Trust dated April 21, 1999,
member.

On June 5, 2017, NNN 400 Capitol Center, LLC and seven other
affiliates of NNN 400 Capitol Center 16 filed Chapter 11 petitions.
The cases are jointly administered under Case No. 16-12728.

The cases are assigned to Judge Kevin Gross.

Whiteford, Taylor & Preston, LLC is the Debtors' bankruptcy counsel
while Rubin and Rubin, P.A. serves as their special counsel. The
Debtors hire Dilks Law Firm as special counsel to represent NNN 400
and its affiliates in a case filed against them by Colliers
Arkansas, Inc. (Case No. 60CV-17-5292) in the Circuit Court of
Pulaski County, Arkansas.

At the time of filing, NNN 400 Capitol Center 16, NNN 400 Capitol
Center 10 and NNN 400 Capitol Center 11 estimated both assets and
liabilities at $10 million to $50 million each.


NUSTAR ENERGY: Moody's Lowers CFR to Ba2; Outlook Negative
----------------------------------------------------------
Moody's Investors Service downgraded the ratings of NuStar Energy
L.P. (NuStar) and NuStar Logistics L.P. (NuStar Logistics),
including the Corporate Family Rating (CFR) to Ba2 from Ba1,
Probability of Default rating to Ba2-PD from Ba1-PD and ratings of
senior unsecured notes to Ba2 from Ba1. The ratings of NuStar
Logistic's subordinated notes were downgraded to B1 from Ba2 and
the ratings of preferred units issued at NuStar Energy L.P. were
downgraded to B1 from Ba3. The outlook remains negative.

"NuStar's decision to simplify its ownership structure and to cut
distributions to the common unit holders is a positive step to
developing a capital structure that will enable a timely
development of its Permian assets. However, NuStar's leverage will
remain high and it depends on its $1.75 billion 2020 revolver, as
well as support from the equity and debt markets to fund its cash
flow outspend and distributions in the next two-three years," said
Elena Nadtotchi, Moody's Vice President.

Downgrades:

Issuer: NuStar Energy L.P.

-- Probability of Default Rating, Downgraded to Ba2-PD from Ba1-
    PD

-- Corporate Family Rating, Downgraded to Ba2 from Ba1

-- Pref. Stock Preferred Stock, Downgraded to B1(LGD6) from
    Ba3(LGD6)

Issuer: NuStar Logistics L.P.

-- Subordinate Regular Bond/Debenture, Downgraded to B1(LGD6)
    from Ba2(LGD6)

-- Senior Unsecured Regular Bonds/Debentures, Downgraded to
    Ba2(LGD3) from Ba1(LGD3)

Issuer: NuStar Energy L.P.

-- Outlook, Remains Negative

Issuer: NuStar Logistics L.P.

-- Outlook, Remains Negative

Affirmations:

Issuer: NuStar Energy L.P.

-- Speculative Grade Liquidity Rating, Affirmed SGL-3

RATINGS RATIONALE

The downgrade of NuStar's ratings to Ba2 reflects the company's
high leverage with debt/EBITDA at 6.2x in 2017 and the lower
expectations for EBITDA growth in 2018 and 2019, which will result
in leverage declining more slowly than previously expected. The
rating also recognizes that the proposed cut in the distributions
to common unit holders to around $250 million per year from $400
million in 2017, as well as payments to the holders of preferred
units, assumed at $100 million, will keep FCF negative at $400
million in 2018. As NuStar is ramping up its investment in the
development of the recently acquired Permian Crude System, Moody's
expect the company's FCF to remain substantially negative in the
absence of further cuts in distributions in 2019 and 2020.

The Ba2 rating is materially supported by the assumption that the
company will take proactive measures in early 2018 to execute on
its financing plans for this year, including by issuing equity or
preferred instruments and by making divestments. The Ba2 rating
anticipates that these actions will allow NuStar to reduce leverage
(debt/EBITDA) to below 5.5x, which Moody's considers more
appropriate for the Ba2 rating.

Pending such actions, NuStar's liquidity profile is supported by
its committed $1.75 billion revolver facility that matures in 2020.
The credit facility is unsecured, but drawings are subject to a
material adverse change clause. The credit facility has one
financial covenant (debt/EBITDA of no greater than 5.0x from 2Q
2018). NuStar said that it was in compliance with the leverage
covenant at the end of 2017, though compliance cushion will be
tight during 2018, if the company needs to borrow under the
facility pending equity funding or divestments. Supporting NuStar's
liquidity profile is an unsecured capital structure and the
corresponding flexibility to sell assets to raise cash.

In the near term, NuStar Logistics L.P. will need to refinance its
7.65% $350 million senior notes due in April 2018. The next
significant maturity will be $450 million 4.80% senior notes due
2020.

Under Moody's Loss Given Default methodology, NuStar Logistics'
unsecured notes are rated Ba2, reflecting a debt capital structure
that is comprised of almost all unsecured debt. NuStar Logistics'
various unsecured bonds and its 2020 revolving credit facility are
unsecured and pari passu. NuStar Logistics' subordinated notes and
NuStar Energy's preferred units are rated B1, two notches below the
Ba2 CFR, reflecting their respective contractual and structural
subordination to NuStar Logistics' debt obligations. If the
revolver were to become secured or secured debt was added to the
capital structure then the senior unsecured notes would likely be
downgraded.

The Ba2 rating and the negative outlook take into account NuStar's
recent track record of lowering its operating guidance, and lower
than Moody's expected EBITDA ramp up on its Permian acquisition.
The company aims to grow its 2018 EBITDA to $600 - $650 million
(net of one time gains), compared to $595 EBITDA reported in 2017.
NuStar will need to deliver strong growth in earnings from its
Permian Crude System, to offset potential pressure on earnings from
the rollover of 45-50% of contracts in the South Texas Crude system
in 3Q 2018.

The negative outlook also factors risks associated with the timely
execution of the financing plans in 2018. The outlook may be
changed to stable if the company delivers on the financing plans,
reduces leverage and increases the headroom for future compliance
with the covenants in its revolver.

The ratings may be downgraded if the company is unable to deliver
on its funding plans to issue equity instruments and make
divestments, and reduce debt/EBITDA to 5.5x in 2018. A weakening in
liquidity may also cause a downgrade in the ratings.

NuStar's ratings may be upgraded if the company delivers on growth
potential of its $1.5 billion acquisition in the Permian Crude
System, and lays the foundations of the financial framework which
will allow it to maintain leverage sustainably below 4.5x
debt/EBITDA, while pursuing further growth opportunities. Sound
liquidity with higher covenant compliance headroom would be
necessary to achieve an upgrade.

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


OCULAR THERAPEUTIX: Summer Road Has 8.4% Stake as of Jan. 29
------------------------------------------------------------
Summer Road LLC reported to the Securities and Exchange Commission
that as of Jan. 29, 2018, it beneficially owns 3,027,488 shares of
common stock of Ocular Therapeutix, Inc., constituting 8.4 percent
of the shares outstanding.

The percentage ownership is based upon 36,158,202 shares of common
stock to be outstanding as of Jan. 29, 2017 as reported in the
Company's Prospectus Supplement filed pursuant to Rule 424(b)(5) on
Jan. 25, 2018.

Summer Road LLC is a family office under the Investment Advisers
Act Rule 202(a)(11)(G)-1.  Pursuant to investment management
agreements between itself and each of two "Family Clients", Summer
Road LLC exercises voting and dispositive power with respect to the
shares of Common Stock of the Company held by each of the Family
Clients.

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

                      https://is.gd/JF1Dbe

                    About Ocular Therapeutix

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.


ONCOBIOLOGICS INC: Leases Additional Lab & Office Space in NJ
-------------------------------------------------------------
Oncobiologics, Inc., entered into the sixth amendment to the lease
for its corporate headquarters located at 7 Clarke Drive, Cranbury,
NJ.  Under the sixth amendment, the Company leased approximately
21,274 square feet of adjacent laboratory and office space
commencing March 1, 2018 for a term of 10 years.  The term of the
existing lease has also been extended until Feb. 28, 2028.  Under
the amendment, the Company will make additional monthly lease
payments of $42,548 from March 1, 2018 through Feb. 28, 2023,
increasing to $48,930 beginning March 1, 2023 through the end of
the lease.

                       About Oncobiologics

Oncobiologics, Inc. -- http://www.oncobiologics.com/-- is a
clinical-stage biopharmaceutical company focused on identifying,
developing, manufacturing and commercializing complex biosimilar
therapeutics.  The Cranbury, New Jersey-based Company's current
focus is on technically challenging and commercially attractive
monoclonal antibodies, or mAbs, in the disease areas of immunology
and oncology.

Oncobiologics reported a net loss attributable to common
stockholders of $40.02 million for the year ended Sept. 30, 2017,
compared to a net loss attributable to common stockholders of
$63.13 million for the year ended Sept. 30, 2016.  As of Sept. 30,
2017, Oncobiologics had $20.73 million in total assets, $51.46
million in total liabilities, $2.92 million in series A convertible
preferred stock, and a $33.65 million total stockholders' deficit.

KPMG LLP, in Philadelphia, Pennsylvania, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2017, citing that the Company has incurred
recurring losses and negative cash flows from operations since
inception and has an accumulated deficit at Sept. 30, 2017 of
$186.2 million, $13.5 million of senior secured notes due in
December 2018 and $4.6 million of indebtedness that is due on
demand, which raises substantial doubt about its ability to
continue as a going concern.


ONE HORIZON: Roc Nation Founder Offers Musical Artists to 123Wish
-----------------------------------------------------------------
Laurence Brown Jr., aka Jay Brown, the founder and CEO of Roc
Nation, agreed to introduce A-List musical artists to 123Wish for
the purpose of having those artists engage in 123Wish experiences
with their fans.  In addition to the 100,000 shares granted to Mr.
Brown by the Company, Andrew Resnick and Natalia Weismann, the
co-founders of 123Wish, agreed to pay to Mr. Brown 3% of the net
proceeds received by them on the sale of 123Wish, based upon their
remaining holdings in 123Wish, as disclosed in a Form 8-K filed
with the Securities and Exchange Commission.

                    About One Horizon Group

Based in Limerick, Ireland, One Horizon Group, Inc. (NASDAQ: OHGI)
-- http://www.onehorizongroup.com/-- is a reseller of secure
messaging software for the growing gaming, security and education
markets including in China and Hong Kong.

The Company's independent accountants Cherry Bekaert LLP, in Tampa,
Fla., issued a "going concern" opinion in its report on the
Company's consolidated financial statements for the year ended Dec.
31, 2016, stating that the Company has recurring losses and
negative cash flows from operations that raise substantial doubt
about its ability to continue as a going concern.

One Horizon reported a net loss of $5.54 million on $1.61 million
of revenue for the year ended Dec. 31, 2016, compared to a net loss
of $6.30 million on $1.53 million of revenue for the year ended in
2015.  As of Sept. 30, 2017, One Horizon had $8.67 million in total
assets, $4.25 million in total liabilities and $4.42 million in
total stockholders' equity.

According to the Company's Form 10-Q for the period ended Sept. 30,
2017, "[T]he Company will pursue its revised operations and
business plan.  The Company expects to incur further non cash
losses in 2017 which, when combined with any costs incurred in
pursuing acquisition of new businesses, may generate negative cash
flows.  As of Sept. 30, 2017, the Company did not have any
available credit facilities.  As a result, it is in the process of
seeking new financing by way of sale of either convertible debt or
equities.  While it has been successful in the past in obtaining
the necessary capital to support its investment and operations,
there is no assurance that it will be able to obtain additional
financing under acceptable terms and conditions, or at all.  In the
event that the Company is unable to obtain sufficient additional
funding when needed in order to fund operations, it would not be
able to continue as a going concern and may be forced to severely
curtail or cease operations and liquidate the Company."


ORYX SOUTHERN: Moody's Assigns B2 Corporate Family Rating
---------------------------------------------------------
Moody's Investors Service assigned first time ratings to Oryx
Southern Delaware Holdings, LLC (Oryx), including a B2 Corporate
Family Rating (CFR), a B2-PD Probability of Default Rating (PDR),
and a B2 senior secured term loan rating. The outlook is stable.

The proceeds of the term loan will be used to fund a substantial
distribution to the current owners and repay existing bank debt
facility.

"Oryx's ratings are constrained by its small scale and the
company's reliance on increased production from the acreage
dedicated to Oryx in order to reduce high leverage to a sustainable
level. The Oryx II system needs to be completed so Oryx has
sufficient takeaway capacity to transport constrained and growing
volumes," commented Sreedhar Kona, Moody's Senior Analyst. "Oryx's
ratings benefit from the location of the company's assets in the
Delaware Basin and the projected volume growth from its acreage
dedications."

Assigned:

Issuer: Oryx Southern Delaware Holdings, LLC

-- Corporate Family Rating, assigned B2

-- Probability of Default Rating, assigned B2-PD

-- $800 million Senior Secured Term Loan, assigned B2 (LGD4)

Outlook, Stable

RATINGS RATIONALE

Oryx's B2 CFR reflects its high financial leverage, relatively
small scale and geographic concentration, and the volume risk from
Oryx's producer customers increasing their production. The company
has substantial crude oil gathering and transportation capacity
that is already operational and has approximately 190,000 barrels
per day (bbl/day) of oil flowing through its system. However, the
build out of the Oryx II system, expected to be operational by
year-end 2018, is critical for Oryx to increase its takeaway
capacity, capture constrained and growing volumes and increase cash
flow to reduce its high financial leverage. Moody's projects Oryx's
debt/EBITDA ratio will approach 6x by the end of 2018.

Oryx's ratings benefit from 100% fixed-fee acreage dedication
contracts with customers that have aggressive volume growth plans.
Additionally, Oryx's assets are located in Southern Delaware Basin,
one of the most active basins in North America with low breakeven
prices and significantly de-risked targets. Producers in the region
continue to be active with 34 horizontal rigs currently in
operation, a level which if sustained should help Oryx meet its
volume targets. The ratings also benefit from structural
enhancements like an excess cash flow sweep and debt service
reserve account.

The $800 million Term Loan maturing seven years from the closing of
the transaction is rated B2, the same as the CFR, under the Moody's
Loss Given Default Methodology. The $40 million Revolver maturing
five years from the closing of the transaction has a super priority
preference over the Term Loan. However, given small size of the
Revolver as compared to the Term Loan, the Term Loan is rated the
same as the CFR.

The stable outlook reflects Oryx's operational gathering and
transportation infrastructure that is expected to provide a base
level of cash flow that will help the company maintain or slightly
reduce its financial leverage, while the Oryx II infrastructure is
built. Moody's expects the oil-focused drilling activity in
Southern Delaware Basin to drive volume growth through Oryx.
Additionally, even with the completion of Phase I of Oryx II
system, Oryx will be able to transport significantly higher volumes
than its current capacity of 190,000 bbl/day.

Oryx's ratings could be upgraded if the company successfully
realizes its planned volume and corresponding earnings growth,
reducing debt/EBITDA to approach 5x while maintaining adequate
liquidity.

Ratings could be downgraded if debt/EBITDA is likely to remain
above 6x well beyond 2018 or if liquidity weakens substantially.

Moody's expects that Oryx will maintain adequate liquidity.
Following closing of the transaction, Oryx will have full
availability under its $40 million Senior Secured Super Priority
Revolver (with maturity of five years from closing of the
transaction), and cash funded Debt Service Reserve Account funded
to meet six months of debt service needs. Moody's expects the
company will be able to fund its debt service obligations and
minimal capital expenditures through cash from operations and if
need be, from the funds in the reserve accounts. Oryx has a
mandatory cash flow sweep provision on the term loan, resulting in
some debt reduction beyond mandatory amortization while leaving
minimal cash balance at Oryx. The Term Loan will have a minimum
debt service coverage ratio covenant of 1.1x, which will be tested
starting from September 30, 2018. In addition, the revolver will
have maintenance covenants of a Maximum Super Priority Leverage
Ratio to be less than 1.0x. Moody's expects the company to be in
compliance with its covenants through mid-2019. The Revolver and
Term Loan will have first priority lien on all assets of the
company.

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

Oryx Southern Delaware Holdings, LLC (Oryx) is a privately-held
crude oil gathering and transportation system in the Delaware
Basin. Oryx is owned by Quantum Energy Partners, Post Oak Energy
Capital, Wells Fargo Energy Capital, Management and private
investors.


PADCO ENERGY: Cross Keys Objects to Amended Disclosure Statement
----------------------------------------------------------------
Cross Keys Bank ("CKB") files an objection to the First Amended
Disclosure Statement with respect to the Chapter 11 Plan proposed
by the Debtor, PADCO Energy Services, LLC.

CKB is one of the largest creditors in the case, with a claim as of
the date of the commencement of this case in the amount of
$2,879,499.93, which is secured, in part, by a lien on certain
equipment of the Debtor.

CKB complains that the Debtor's Amended Plan proposes to partially
pay the general unsecured creditors in cash and permit equity to
retain its equity interests before paying its "disputed" secured
creditor, CKB, in cash and in full.

The Debtor's Amended Plan proposes to treat a portion of CKB's
claim, a mere $115,000, as secured, with the remainder as
unsecured. The secured portion of the claim will be amortized over
5 years with an interest rate of 6.25% per annum and the unsecured
portion of the claim will be satisfied from a pro rata distribution
of $300,000 to satisfy all unsecured claims. Thus, the Amended Plan
proposes to substantially and materially alter the contract rights
of CKB.

The Amended Plan provides that Debtor's owner (Carr) will retain
his Equity Interests for $75,000. The Amended Disclosure Statement
does not disclose how the value of the Equity Interests was
determined or the ultimate source of the $75,000.

Accordingly, it is clear that the Debtor will be unable to satisfy
Section 1129 (b)(2)(i) or (ii) because the Amended Plan does not
provide that each holder of a claim will receive or retain on
account of such claim property of a value equal to the allowed
amount of its claim or that the holder of any claim or interest
that is junior to the claims of these classes will not receive or
retain under the Amended Plan on account of such junior claim an
interest in property. Further, the Amended Disclosure Statement and
Amended Plan do not create a mechanism for dealing with the
disputed valuation of CKB’s collateral.

CKB contends that the Amended Disclosure Statement fails to
disclose that, based on its monthly operating reports filed to date
(through the period September 30, 2017), the Debtor has generated
under $115,000 in postpetition income since it filed for relief
under chapter 11 on October 4, 2016 and has a net loss of
$5,494.01, based on the monthly operating reports filed by the
Debtor as of January 22, 2018.

CKB contends that a further basis for the Court to reject the
Amended Disclosure Statement is the Debtor's failure to file a
monthly operating report since November 8, 2017, for the period
September 1, 2017, through September 30, 2017, and thus the
Debtor's failure to file its monthly operating report timely.

CKB contend that the Debtor has not accounted for or valued all its
property securing the claim of CKB. Moreover, the Debtor has not
amended either its schedules or provided in its Amended Disclosure
Statement that some of its property is commingled with the property
of the Debtor in PADCO Pressure Control, LLC, Case No. 16-51381
pending before the Court.

The Debtor's schedules value its equipment at only $1,110,968 as of
the Petition Date, but only a few months earlier, the Debtor
provided CKB with a balance sheet dated June 30, 2016, indicating
that the value of its machinery, equipment and vehicles was in
excess of $3,000,000.

Despite having full access to its equipment, CKB relates that the
Debtor has not generated any meaningful post-petition income, based
on its monthly operating reports, and has operated at a net loss.
The Debtor's monthly operating reports for the post-petition period
from September 1, 2017 through September 30, 2017, reveal that the
Debtor's business is not capable of being reorganized, and that the
Debtor is not complying with its obligations to file monthly
operating reports timely.

Moreover, CKB contends that the Debtor has failed to obtain Court
approval of any of its alleged agreements with Completion Service
Group, L.L.C. Its principal, Michael Carr, claims that the Debtor
has made post-petition agreements with CSG, a company which he
formed post-petition and listed himself as a member before he was
removed as a member after CSG came to the attention of CKB.
Furthermore, the Debtor supposedly is leasing its equipment and the
equipment of PPC, through CSG, to third parties, without prior
approval or even disclosure of the specifics of any of its alleged
agreements with CSG to the Bankruptcy Court or the creditors.

Finally, CKB notes that the Debtor failed to disclose its
relationship with CSG until the Debtor's principal was questioned
about it in a deposition. The Debtor's reluctant disclosure of its
relationship with CSG, the extent of that relationship and where,
to whom and/or under what terms CSG is leasing the Debtor’s and
apparently PPC's equipment as well, has been woefully and
intentionally inadequate.

                About Padco Energy Services, LLC

PADCO Pressure Control, L.L.C., based in Lafayette, LA, filed a
Chapter 11 petition (Bankr. W.D. La. Case No. 16-51381) on October
4, 2016. The Hon. Robert Summerhays presides over the case. Thomas
E. St. Germain, member of Weinsten & St. Germain, LLC, as
bankruptcy counsel.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities. The petition was signed
by Michael Carr, chief executive officer.

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


PAYLESS INC: S&P Cuts CCR to 'CCC' on Weak Performance Trends
-------------------------------------------------------------
Operating performance at footwear retailer Payless Inc. continued
to deteriorate meaningfully in the third quarter of fiscal 2017,
following its emergence from bankruptcy in August 2017, a trend S&P
expects to persist in fiscal 2018.

S&P Global Ratings lowered its corporate credit rating on
Kansas-based footwear retailer Payless Inc. to 'CCC' from 'B-'. The
outlook is negative.

S&P said, "At the same time, we lowered the issue-level ratings on
the company's $80 million first-lien tranche A-1 term loan to 'B-'
from 'B+'. The '1' recovery rating is unchanged, indicating our
expectations for very high (90%-100%; rounded estimate: 95%)
recovery in the event of a payment default. Additionally, we
lowered the issue-level rating on the company's $200 million
first-lien tranche A-2 term loan to 'CCC-' from 'B-' and revised
the recovery rating to '5' from '4', indicating our expectations
for modest (10%-30%; rounded estimate: 10%) recovery in the event
of a payment default."

The downgrade reflects the company's sustained weak operating
performance trends, intensified by supply chain issues following
the bankruptcy in 2017, which led to a sharp decline in same-store
sales and an increase in markdowns in recent quarters. S&P said,
"We expect performance will remain challenged over the next 12
months resulting in further weakening of liquidity through cash
burn. As a result, we are revising our assessment of the company's
liquidity to weak from adequate."

S&P said, "The negative outlook reflects our expectation that weak
operating performance trends will persist, given the potential for
continued supply chain issues, intensified competition, and lower
store traffic. We think these factors will lead to continued
meaningful cash burn and pressure liquidity, resulting in shrinking
availability on the ABL facility and possible covenant breach.

"We could lower our ratings on Payless if operating performance and
liquidity deteriorate further, such that we envision a specific
default scenario over the next six months. This could be the case
if significant cash burn result in additional draw on its ABL
facility and trigger the availability covenant, leading us to
believe that the company can no longer service its debt service
obligations going forward.

"Although unlikely over the next 12 months, we could consider an
upgrade if operating performance meaningfully improves on a
sustained basis, indicating that the company was able to address
its operational issues effectively and improve liquidity
meaningfully. Under this scenario, comparable-store sales would
stabilize in low-single-digit percent area, adjusted EBITDA margin
would expand 400 basis points above our base-case forecast,
resulting in meaningfully improved liquidity."



PHILADELPHIA ENERGY: Moody's Rates $120MM Secured DIP Loans Ba2
---------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to the $120 million
superiority secured debtor-in-possession loan (DIP term loan)
entered into by Philadelphia Energy Solutions Refining and
Marketing LLC (DIP) (PESRM) to provide the company with the
necessary liquidity during the Chapter 11 bankruptcy process. The
DIP term loan is provided by a majority of the pre-petition first
lien lenders that are contributing new money. PESRM, its parent
company - PES Holdings, LLC (PES) - and certain affiliates
(including North Yard Logistics, L.P.) filed for bankruptcy
protection under Chapter 11 on January 21, 2018. Subsequently,
Moody's withdrew all ratings for PESRM on January 25, 2018
following the bankruptcy filing.

Rating Assigned:

Issuer: Philadelphia Energy Solutions Refining and Marketing LLC
(DIP)

Senior Secured Term Loan, Assigned Ba2

RATINGS RATIONALE

The Ba2 rating reflects the size of the DIP term loan versus an
estimated recovery value under either a reorganization or
liquidation scenario. Other key considerations include: the
structural features of the DIP facility, the nature of the
bankruptcy and reorganization and the DIP size as a percentage of
pre-petition debt. The DIP term loan rating predominantly reflects
Moody's assessment that the collateral coverage provides the DIP
lenders with an adequate degree of protection, and the expectation
of emergence following the completion of Chapter 11 process over
the next few months. The collateral coverage available to the DIP
lenders consists of PESRM's non-intermediated inventory,
non-intermediated receivables, and property, plant and equipment,
but excludes North Yard Logistics assets. Moody's estimates total
collateral coverage of the DIP term loan to be between 1.5x-2.0x,
in the event of liquidation, which is consistent with a Ba score
for the collateral coverage factor in Moody's Debtor-in-Possession
Lending Rating Methodology. In addition, the ratio of the total DIP
term loan relative to pre-petition debt is low at less than 15%.

The DIP facility has a super priority first lien on substantially
all assets of PESRM and upstream guarantees from its subsidiaries.
The DIP credit agreement has a maturity of July 31, 2018.
Furthermore, the credit agreement contains a covenant that requires
PESRM's minimum liquidity to be at least $10 million, stepping down
to $5 million 30 days after its bankruptcy filing. Failure to meet
this requirement could trigger an event of default for the DIP term
loan. The DIP agreement also contains restrictive covenants,
including a requirement that the company does not exceed 110% of
the allowed capital spending (with some exceptions) contained in
the current capital expenditure budget.

PESRM's Chapter 11 filing was precipitated by weak crack spreads in
PADD I region, disappearance of the domestic crude procurement
advantage, and a large obligation to buy renewable energy credits
(RINs) to satisfy EPA regulatory mandates. These factors ultimately
rendered the company's capital structure untenable and it was
unable to refinance its term loan due April 2018.

This rating is assigned on a point-in-time basis, and will be
withdrawn as soon as practicable, before which it is subject to
monitoring.

The principal methodology used in this rating was
Debtor-In-Possession Lending published in March 2009.

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


PIONEER NURSERY: $125K Private Sale of Personal Property Approved
-----------------------------------------------------------------
Judge Fredrick E. Clement of the U.S. Bankruptcy Court for the
Eastern District of California authorized Pioneer Nursery, LLC's
private sale of personal property to Pioneer Nursery, Inc. for
124,600.

A hearing on the Motion was held on Jan. 31, 2018 at 1:30 p.m.

The assets to be sold are:

          Property Description                      Value
          --------------------                      -----
          10 x 12 Carriage Shed                    $1,500
          10 x 12 Building                         $1,000         

        
          8 x 20 C Train                           $1,500
          8 x 12 Shed                              $1,250         

          
          9 x 14 Shed                              $1,000
          Big Ball L. P. Fuel Tank                 $2,000
          33 x 12 Building                         $3,000
          8 x 27 C Trains                          $2,800
          Wurdinger Tray Filler                   $10,000
          2006 Ford Van                            $2,750
          (4) 8 x 20 Field Trailers                $4,000
          John Deere 544H Loader W/Cab,           $37,500
             S/N 585158, 6400 Hours
          4900 DT466E 1999 Dump Truck              $3,500
          Harlo Forklift, 4 x 4, Rops, S/N 91138  $12,500
          Harlo Forklift, 4 x 4, Rops, S/N 91805  $12,500
          John Deere 6420L 4 Wheel Drive Tractor   $3,500
             W/2 Post, S/N 3062, No Run
          Potato Peeler                               $50
          Kabota M7030N 2 Wheel Drive
             Tractor, S/N 21022, 4000 Hours        $3,000
          2015 Honda Pioneer 700 Vin # 100171      $4,500
            1326 Hours
          2016 Honda 1000 W/200 Hours
            Vin 4000108, Over Heats $6,500
          John Deere 825 I Gator                   $4,500
            943 Hours, Vin 014811
          2006 Gator TS 4x4 1334 Hours             $3,000
            Vin 013376
          John Deere LA150 2007 Mower                $250
            Vin 016367
          2006 E350 Passenger Van                  $2,500
            Vin 37935
                                                    -----
          Total Value                            $124,600

The 14-day stay imposed by Fed. R. Bankr. P. 6004(h) is waived.

                      About Pioneer Nursery

Founded in 1968, Pioneer Nursery Inc. is in the retail nurseries
and garden stores industry.  It owns crops -- either planted or
harvested -- of approximately 440,000 pistacio trees worth $7 per
tree having a total retail value of $3.08 million.  It posted gross
revenue of $4.55 million in 2016 and gross revenue of $7.78 million
in 2015.

Pioneer Nursery sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Cal. Case No. 17-13112) on Aug. 11,
2017.  Brian Blackwell, member, signed the petition.  At the time
of the filing, the Debtor disclosed $5.42 million in assets and
$245,701 in liabilities.  Judge Fredrick E. Clement presides over
the case.  Fear Waddell, P.C., is the Debtor's bankruptcy counsel.
Lewis Brisbois is the Debtor's insurance defense counsel.


PREMIER MARINE: Committee Sues ABN Over Midwest Deposit
-------------------------------------------------------
Premier Marine, Inc. filed with the U.S. Bankruptcy Court for the
District of Minnesota a disclosure statement to accompany its plan
of reorganization dated Jan. 26, 2018, disclosing that the Official
Committee of Unsecured Creditors has filed an adversary proceeding
against ABN Bank to determine the validity, extent, and priority of
ABN's security interests in the $1 million deposited by Midwest
Bank.

The Debtor and Trusek, pursuant to the Stipulation for Use of Cash
Collateral, as amended, and Final Stipulated Order Authorizing Use
of Cash Collateral and Granting Adequate Protection and subsequent
orders, acknowledged and agreed to the first priority lien of ABN,
including in the Midwest Deposit. In addition, the Debtor and
Trusek, by the Plan and the ABN Loan Documents, acknowledge and
agree to the first priority lien of ABN, including in the Midwest
Deposit. The Committee has agreed to dismissal of the Committee
Adversary with prejudice having determined that the validity and
priority of the ABN security interest in the Midwest Deposit does
not materially change the recovery to Class 16 unsecured creditors
in liquidation.

Previously under Class 17, general unsecured creditors are now
under Class 16. The Debtor estimates that allowed unsecured claims,
including contract rejection claims, will total between
approximately $8,000,000 and $8,500,000. The Reorganized Debtor
will make five Annual Earnings Distributions each in the amount of
10% of the Reorganized Debtor's Earnings. Holders of Allowed Class
16 claims will receive a Pro Rata share of each Annual Earnings
Distribution. The Minimum Earnings Distribution payable to Class 16
creditors over five years is $1,050,000. Earnings Distributions
will not exceed the Earnings Distribution Cap of $3,550,000.

The Reorganized Debtor projects a total recovery of approximately
$1,577,484 which represents an 18.5% recovery on $8,500,000 of
Allowed Class 16 claims. Should the Debtor exceed projections and
achieve the Earnings Distribution Cap, creditor recovery would be
41.7% on $8,500,000 of Allowed Class 16 claims.

The Debtor's initial plan provided that allowed general unsecured
claims in Class 17, including contract rejection claims, total
between $8,000,000 and $13,000,000. The Reorganized Debtor will
make four Annual Earnings Distributions each in the amount of 10%
of the Reorganized Debtor's pretax earnings. Holders of Allowed
Class 17 claims will receive a Pro Rata share of each Annual
Earnings Distribution. The Minimum Earnings Distribution to Class
17 creditors is $1,000,000. Maximum Earnings Distribution or the
Earnings Distribution Cap is $3,500,000. The Reorganized Debtor
projects a total recovery of approximately $1,000,000 which
represents a 12.5% recovery on $8,000,000 of Allowed Class 17
claims; a 10% recovery on $10,000,000 of Allowed Class 17 claims;
and a 7.7% recovery on $13,000,000 of Allowed Class 17 claims.

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

     http://bankrupt.com/misc/mnb17-32006-224.pdf

                      About Premier Marine

For 25 years, Premier Marine, Inc., has manufactured "Premier"
brand pontoon boats -- http://www.pontoons.com/-- in Wyoming,
Minnesota.  Premier Marine designs, builds and markets luxury
pontoons and holds many patents on manufacturing elements such as
furniture hinges, J-Clip rail fasteners and the PTX performance
package.  The family-owned and operated Company sells its pontoons
through boat dealers located throughout the United States and
Canada.

Premier Marine is a family owned business formed in 1992 by Robert
Menne and Eugene Hallberg.  The Menne family controls 72.8% of the
company equity.  Hallberg controls the remaining 27.2% and is
Premier's landlord.

Premier Marine, Inc., filed a Chapter 11 petition (Bankr. D. Minn.
Case No. 17-32006) on June 19, 2017.  

The need for reorganization in chapter 11 was precipitated by a
failed acquisition of another pontoon manufacturer in 2011.  The
Chapter 11 was filed in response to an eviction action commenced by
Hallberg for the nonpayment of rent.  The Chapter 11 is necessary
to attract a new equity partner, reject the Hallberg leases,
consolidate manufacturing under a single roof and reorganize the
business for the mutual benefit of the Debtor creditors, employees
and dealer network.

The bankruptcy petition was signed by Lori J. Melbostad, the
Debtor's president.  

The Debtor estimated assets and liabilities between $10 million and
$50 million.

The case is assigned to Judge Katherine A. Constantine.  

The Debtor's counsel are Michael F. McGrath, Esq., and Will R.
Tansey, Esq., at Ravich Meyer Kirkman McGrath Nauman & Tansey, A
Professional Association.  Guidesource's Richard Gallagher is the
Debtor's financial consultant.

On June 27, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Fafinski, Mark &
Johnson, P.A., represents the committee as bankruptcy counsel.


QUANTUM CORP: Postpones Earnings Call Amid Probe
------------------------------------------------
Quantum Corp. said it is postponing the release of its fiscal third
quarter 2018 results and its earnings conference call, which were
scheduled for Feb. 8, 2018.  The company is taking this action so
that Quantum's audit committee, in keeping with its strong
corporate governance practices, can complete an investigation into
accounting matters and related internal controls that were raised
in response to a recent inquiry by the Securities and Exchange
Commission.  In the meantime, the company provided an update on its
ongoing business transformation and cost savings initiative,
including the acceleration of certain cost reduction actions
announced last November.  Quantum also announced that the company
and its senior lenders have signed a term sheet to provide
additional financial flexibility under its credit facility.

     Postponement of Quarterly Results and Conference Call

On Jan. 11, 2018, Quantum received a subpoena from the SEC
regarding its accounting practices and internal controls related to
revenue recognition for transactions commencing April 1, 2016.
Following receipt of the SEC subpoena, the Company's audit
committee began an independent investigation with the assistance of
independent advisors, which is currently in process.  Because the
audit committee's investigation is ongoing, Quantum decided it was
prudent to postpone its quarterly results release and conference
call, pending conclusion of the investigation.  The company is
cooperating with the SEC and cannot predict the timing of
completion or outcome of either the audit committee's investigation
or the SEC's inquiry at this time.

    Update on Transformation and Cost Savings Initiative

In November 2017, Quantum committed to begin a cost reduction
initiative that would generate up to $35 million in annualized run
rate savings exiting fiscal 2019.  Today the company reported that
it is executing ahead of plan and now expects to enter fiscal 2019
with at least $35 million in annualized run rate savings - thereby
realizing the full savings a year earlier.

"As part of our multiyear transformation work, we have now
identified further efficiencies to rationalize our cost structure
and improve our go-to-market strategy so that we can better
capitalize on the strengths of our technology and solutions," said
Patrick Dennis, president and CEO of Quantum.  "This reflects my
focus since joining Quantum a few weeks ago - moving quickly to
ensure that our top priority is achieving sustained profitability
while continuing to deliver for our customers."

     Additional Flexibility Under Quantum's Credit Facility

Quantum also reported that the company and its senior lenders have
signed a term sheet designed to create additional flexibility under
the company's credit facility that would address recent covenant
violations and provide the time and ability for the company to
fully execute its business transformation.  Quantum expects this
flexibility would also give the company the resources it needs to
meet working capital requirements for the foreseeable future.  The
term sheet is subject to completion of a definitive agreement on
the amended credit facility, which will be filed as required.

"Our lenders have been extremely supportive of our ongoing efforts
to relax covenant requirements, free restricted cash and allow
retroactive application of cost savings for covenant calculations
to provide additional cushion," said Fuad Ahmad, senior vice
president and CFO of Quantum.

                      About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a storage company specializing in
backup, recovery and archive.  Quantum provides a comprehensive,
integrated range of disk, tape, and software solutions supported by
a world-class sales and service organization.

As of Sept. 30, 2017, Quantum Corp had $211.2 million in total
assets, $335.5 million in total liabilities and a total
stockholders' deficit of $124.3 million.  Quantum Corp reported net
income of $3.64 million for the year ended March 31, 2017, a net
loss of $76.39 million for year ended March 31, 2016, and net
income of $17.08 million for the year ended March 31, 2015.

As of September 30, 2017, the Company had $9.5 million of cash and
cash equivalents, which is comprised of cash deposits.

"We continue to focus on improving our operating performance,
including efforts to increase revenue and to control costs in order
to improve margins, return to consistent profitability and generate
positive cash flows from operating activities.  We believe that our
existing cash balances, cash flow from operating activities, and
available borrowing capacity will be sufficient to meet all
currently planned expenditures, debt service and contractual and
other obligations as they become due, and to sustain operations for
at least the next 12 months.  This belief is dependent upon our
ability to achieve gross margin projections and to control
operating expenses in order to provide positive cash flow from
operating activities.  Should we be unable to meet our gross margin
or expense objectives, it would likely have a material negative
effect on our liquidity and capital resources," said the Company in
its quarterly report for the period ended Sept. 30, 2017.


RADIANT MEDICAL: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Radiant Medical Imaging, LLC
        9945 Haynes Bridge Road
        Suite 200, Box 226
        Alpharetta, GA 30022

Type of Business: Radiant Medical Imaging, LLC, d/b/a Marquis
                  Diagnostic Imaging, is a diagnostic radiology
                  company in Gilbert, Arizona.  The Company
                  utilizes x-ray, radionuclides, ultrasound and
                  electromagnetic radiation to diagnose and treat
                  disease.  Marquis Diagnostic Imaging and two of
                  its subsidiaries sought bankruptcy protection on
                  Feb. 9, 2018  (Bankr. N.D. Ga. Case Nos. 18-
                  52365, 18-52367 and 18-52380).

Chapter 11 Petition Date: February 12, 2018

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Case No.: 18-52402

Debtor's Counsel: Henry F. Sewell, Jr.
                  LAW OFFICES OF HENRY F. SEWELL, JR., LLC
                  2964 Peachtree Road NW, Suite 555
                  Atlanta, GA 30305
                  Tel: 404-926-0053
                  Fax: 404-393-7832
                  E-mail: hsewell@sewellfirm.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Gene Venesky, manager of Management
Company of Radiant Medical Imaging.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 20 largest unsecured creditors is available
for free at:

          http://bankrupt.com/misc/ganb18-52402.pdf


RAFAEL RUBIO: Blue Water Buying Ensenada Property for $5 Million
----------------------------------------------------------------
Rafael R. Rubio asks the U.S. Bankruptcy Court for the Southern
District of California to authorize the sale of the real property
described as Lot #11 Street San Felipe-Puertecitos, 24 km Colonia
Gutierrez Polanco, Ensenada, Baja California, Mexico, to Blue Water
Resort S de RL de CV for $4,980,000.

A hearing on the Motion is set for March 5, 2018 at 2:30 p.m.

In his schedules, the Debtor listed in his Schedule "A" real
property lots described as 740 Hectors, San Felipe, Baja
California, Mexico with a current value of $30,000,000.  The Debtor
was identified as the sole owner of the Mexican Property.

The Debtor received authorization from the Court to hire a real
estate broker to market and sell the Mexican Property on June 15,
2017.  This authorization was renewed on Nov. 30, 2017.  Luis
Mendoza, Century 21 Award, visited the Mexican Property, researched
the viability of marketing the development of the Mexican Property,
and valued the Mexican Property at $30,000,000.  Accordingly, Luis
Mendoza, Century 21 Award, listed the Mexican Property for sale in
the amount of $30,000,000.

Over the last 7 months, Luis Mendoza, Century 21 Award, has been
actively marketing the Mexican Property and keeping the Court
apprised of his progress.  One viable potential Buyer has been
actively involved in negotiations with Luis Mendoza, Century 21
Award, and has made an offer of $4,980,000 for Lot #11 only.  This
offer was accepted by the Debtor and a contract for said sale was
negotiated between the parties.

On Jan. 29, 2018, a Contract was signed by the Buyer for
$4,980,000, free and clear of liens and interests.  This was the
only viable offer received on the Mexican Property.  The Mexican
Property will be sold "as is, where is" condition without
representations or warranties and transferred pursuant to the terms
of the contract and Mexican law.  It will be sold subject to all
easements, recorded restrictions and covenants running with the
land.

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

     http://bankrupt.com/misc/Rafael_Rubio_98_Sales.pdf

From the close of escrow, proceeds from the sale will be wired into
Thomas S. Engel, Esq.'s Attorney Client Trust Fund Account at Bank
of America, or a designated escrow account in the United States, to
be held for disbursement to creditors of the Estate, administrative
Fees and Costs, and the Debtor.  The escrow is anticipated to close
on the sale to the Buyer herein by late March 2018.  Accordingly,
the Debtor is respectfully asking that the Court retain
jurisdiction over the matter until the close of escrow and transfer
of possession of the Mexican Property from the Bankruptcy Estate to
the Buyer is consummated.

In light of the need to close the transaction without further
delay, the Debtor respectfully asks a waiver of the 14-day stay of
the Sale Order pursuant to Federal Rule of Bankruptcy Procedure
6004(h).

Counsel for the Debtor:

          Thomas S. Engel, Esq.
          ENGEL & MILLER
          964 Fifth Avenue, Suite 400
          San Diego, CA 92101-6130
          Telephone: (619) 544-1415
          Facsimile: (619) 544-1468

Rafael R. Rubio sought Chapter 11 protection (Bankr. S.D. Cal. Case
No. 17-02621) on April 30, 2017.  Thomas S. Engel, Esq., serves as
counsel to the Debtor.


REMINGTON OUTDOOR: BofA, Lenders Amend Loan Agreements
------------------------------------------------------
Gun maker Remington Outdoor Company, Inc. told investors on Monday
that the Company has obtained amendments to its credit agreements.

On February 12, 2018, ROC, FGI Holding Company LLC, FGI Operating
Company, LLC, and Bank of America, N.A., as the Term Loan B Agent,
entered into an incremental amendment to Term Loan B.

ROC agreed to loan an aggregate of $45 million to FGI Opco for
general corporate and working capital purposes and to pay fees and
expenses related to the foregoing.

Also on February 12, the Company entered into an amendment to the
Loan and Security Agreement dated as of April 19, 2012, among,
inter alia, FGI Holding, FGI Opco, the other borrowers and
guarantors party thereto, Bank of America, N.A., as administrative
agent, and the lenders party thereto.

Pursuant to the ABL Revolver Amendment, the amount of commitments
under the ABL Revolver will be permanently reduced to $204.0
million. The Amendment also imposes certain additional reporting
obligations on the part of the borrowers, requiring the delivery,
on a weekly basis, of certain cash flow forecasts and related
information.

ROC also disclosed that on Monday, the Company and its affiliates
entered into a letter agreement with certain  holders  --
Consenting Third Lien Creditors -- of the Company's 7.875% Senior
Secured Notes due 2020.

Pursuant to the Letter Agreement, the Consenting Third Lien
Creditors consented to ROC's, FGI Opco's and FGI Holding's entrance
into the Term Loan B Amendment and the consummation of the
transactions contemplated thereby. Additionally, ROC granted the
Consenting Third Lien Creditors a lien upon all property of ROC.

                     About Remington Outdoor

Based in Madison, North Carolina, Remington Outdoor Company, Inc.
-- https://www.remingtonoutdoorcompany.com/ -- manufactures and
markets firearms, ammunition, and related products for commercial,
military, and law enforcement customers worldwide.  The company
operates through two segments, Firearms and Ammunition.

The company is controlled by Cerberus Capital Management.
Remington's affiliated companies are FGI Holding Company, LLC; and
FGI Operating Company, LLC; Remington Arms Company, LLC; Barnes
Bullets, LLC; TMRI, Inc.; RA Brands, L.L.C.; and Remington Arms
Distribution Company, LLC.

As of Oct. 1, 2017, Remington listed $954.3 million in total assets
against $1.306 billion in total liabilities and $351.9 million in
stockholders' deficit.

                           *     *     *

As reported by the Troubled Company Reporter on Dec. 25, 2017,
Moody's Investors Service downgraded Remington Outdoor Company's
Corporate Family Rating (CFR) to Caa3 from Caa2 and its Probability
of Default Rating to Caa3-PD from Caa2-PD. The rating action
reflects Moody's concern with Remington's weak operating
performance, liquidity pressure from approaching maturities, and
the view that the company's capital structure is unsustainable. The
rating outlook is negative.

Moody's said it is very concerned that Remington will be unable to
refinance debt that comes due in April 2019 given its weak
operating performance and high financial leverage.

The TCR reported on Nov. 21, 2017, that S&P Global Ratings lowered
its corporate credit rating on Remington Outdoor to 'CCC-' from
'CCC+'. The outlook is negative.

"The rating downgrade reflects heightened default risk absent an
unforeseen and favorable change to operating results over the next
six months, based on our lowered revenue and cash flow forecasts
through 2018," S&P explained.  "We believe the deterioration in
operating cash flow could result in an unsustainable reliance on
the ABL revolver, weak liquidity, and a heightened risk of a
restructuring of some form over the next six to 12 months."


REMINGTON OUTDOOR: Has Chapter 11 Restructuring Deal with Lenders
-----------------------------------------------------------------
Remington Outdoor Company, Inc. on Monday confirmed reports from
last week that the company is looking to reorganize under Chapter
11 bankruptcy.

ROC disclosed in a note to its investors that on February 11, 2018,
the Company and its affiliate, FGI Operating Company, LLC, entered
into a restructuring support agreement with:

     (i) certain holders, or investment advisors or investment
managers to certain holders -- Consenting Term Loan Lenders -- of
certain claims arising under Term Loan B (holders of claims under
Term Loan B, the "First Lien Term Loan Lenders"), and

    (ii) certain holders -- Consenting Third Lien Creditors -- of
the Company's 7.875% Senior Secured Notes due 2020.

The Restructuring Support Agreement sets forth, subject to certain
conditions, the commitment of ROC, FGI Opco and certain of their
direct and indirect subsidiaries, and the Consenting Creditors to
support a comprehensive restructuring of the Debtors' existing
debt.

The Restructuring will be effectuated through a joint prepackaged
plan of reorganization to be filed, together with its Chapter 11
bankruptcy petitions, with the United States Bankruptcy Court for
the District of Delaware.

Certain principal terms of the Restructuring Support Agreement and
the Restructuring contemplated thereby are:

     * All existing unsecured and priority claims of the Company
and each of its subsidiaries (other than funded debt claims) will
be unimpaired, including trade payables.

     * With the consent of a majority of the holders of the First
Lien Term Loan Lenders and the Third Lien Noteholders, ROC will
provide a $45 million delayed draw first-out first lien term loan
to FGI Opco. This facility will roll into a debtor-in-possession
term loan upon the Chapter 11 filing.

     * The Consenting Creditors will provide a $100 million
debtor-in-possession term loan to fund the Company's Chapter 11
Cases. Upon exiting bankruptcy, the DIP Term Loan will be converted
into an exit term loan.

     * The Company will arrange a new asset-based loan (ABL)
facility at emergence, the proceeds of which will refinance the
existing ABL facility in full.

     * The First Lien Term Loan Lenders will equitize their claims
and receive 82.5% of the equity in Reorganized Remington. These
lenders will also receive their pro rata share of $2.67 million in
cash at emergence.

     * The Third Lien Noteholders, the professional fees of which
will be paid for as administrative expenses by ROC, will receive
(i) 17.5% of the equity in the post-Restructuring company through
the equitization of the ROC DIP Term Loan, and (ii) 4-year warrants
for 15% of the equity in Reorganized Remington at a strike price to
be derived at emergence based on a $700 million enterprise value.
The Third Lien Noteholders will also receive their pro rata share
of the remaining cash at ROC.

     * All causes of action available to the Debtors that are not
settled prior to the effective date of the Plan will be transferred
to a litigation trust, which will be funded with $5.0 million from
ROC.

     * The Debtors and the Consenting Creditors are obligated to,
among other things, support and not interfere with consummation of
the Restructuring and, as to the Consenting Creditors, vote their
claims in favor of the Plan.

The Restructuring Support Agreement may be terminated upon the
occurrence of certain events, including the failure to meet
specified milestones relating to the filing, confirmation, and
consummation of the Plan, among other requirements, in the event of
certain breaches by the parties under the Restructuring Support
Agreement, and upon the occurrence of any event of default under
the Term DIP Facility.

ROC cautioned that there can be no assurances that the
Restructuring will be consummated upon the terms described, or at
all.

Reuters, citing people familiar with the matter, reported last week
that ROC has reached out to banks and credit investment funds in
search of financing that will allow it to file for bankruptcy.  The
sources told Reuters that some potential financing sources,
including credit funds and banks, have balked at coming to
Remington's aid because of the reputation risk associated with such
a move.  Reuters notes that Remington was abandoned by some of
Cerberus' private equity fund investors after one of its Bushmaster
rifles was used in the Sandy Hook elementary school shooting in
Connecticut in 2012 that killed 20 children and six adults.

Reuters reported in January that Remington has been working with
investment bank Lazard on options to restructure its $950 million
debt pile.

Remington disclosed in its quarterly report for the quarterly
period ended Oct. 1, 2017, that as of that date, the Company had
outstanding debt of approximately $964.5 million, which consisted
of:

     * $250.0 million of outstanding 2020 Notes;
     * $550.7 million outstanding under our Term Loan B;
     * $150.6 million outstanding under the ABL Revolver;
     * $12.5 million outstanding under the Promissory Note; and
     * $0.7 million of other debt.

Reuters, citing Thomson Reuters data, also reports that the Company
faces a maturity of an approximately $550 million term loan in
2019.  It also has $250 million of bonds that come due in 2020 and
are trading at a significant discount to their face value at around
16 cents on the dollar.

The sources also told Reuters that the Company's term loan maturing
next year is trading at a significant discount to full value, at
around 50 cents on the dollar.

                     About Remington Outdoor

Based in Madison, North Carolina, Remington Outdoor Company, Inc.
-- https://www.remingtonoutdoorcompany.com/ -- manufactures and
markets firearms, ammunition, and related products for commercial,
military, and law enforcement customers worldwide.  The company
operates through two segments, Firearms and Ammunition.

The company is controlled by Cerberus Capital Management.
Remington's affiliated companies are FGI Holding Company, LLC; and
FGI Operating Company, LLC; Remington Arms Company, LLC; Barnes
Bullets, LLC; TMRI, Inc.; RA Brands, L.L.C.; and Remington Arms
Distribution Company, LLC.

As of Oct. 1, 2017, Remington listed $954.3 million in total assets
against $1.306 billion in total liabilities and $351.9 million in
stockholders' deficit.

                           *     *     *

As reported by the Troubled Company Reporter on Dec. 25, 2017,
Moody's Investors Service downgraded Remington Outdoor Company's
Corporate Family Rating (CFR) to Caa3 from Caa2 and its Probability
of Default Rating to Caa3-PD from Caa2-PD. The rating action
reflects Moody's concern with Remington's weak operating
performance, liquidity pressure from approaching maturities, and
the view that the company's capital structure is unsustainable. The
rating outlook is negative.

Moody's said it is very concerned that Remington will be unable to
refinance debt that comes due in April 2019 given its weak
operating performance and high financial leverage.

The TCR reported on Nov. 21, 2017, that S&P Global Ratings lowered
its corporate credit rating on Remington Outdoor to 'CCC-' from
'CCC+'. The outlook is negative.

"The rating downgrade reflects heightened default risk absent an
unforeseen and favorable change to operating results over the next
six months, based on our lowered revenue and cash flow forecasts
through 2018," S&P explained.  "We believe the deterioration in
operating cash flow could result in an unsustainable reliance on
the ABL revolver, weak liquidity, and a heightened risk of a
restructuring of some form over the next six to 12 months."


REMINGTON OUTDOOR: Projected Cash Flow as of Jan. 30
----------------------------------------------------
Gun maker Remington Outdoor Company, Inc. disclosed that prior to
signing the Restructuring Support Agreement, the Company entered
into non-disclosure agreements with the Consenting Creditors, or
their investment advisors or investment managers, in connection
with discussions relating to the potential restructuring of the
Company's debt.

In connection with these discussions, and pursuant to the terms of
the non-disclosure agreements, the Consenting Creditors were
provided with certain non-public information:

            Projected Cash Flow as of January 30, 2018
                          ($ in Millions)

            Jan '18  Feb '18  Mar '18  Apr '18  May '18  Jun '18
            -------  -------  -------  -------  -------  -------
Adjusted         0        2       (1)      (1)      (2)      (1)

Free Cash      (10)     (19)     (37)     (40)     (16)     (12)
Flow Before
Restructuring
Adjustment

Memo: Change    (0)     (20)     (29)     (27)     (17)     (12)
in Working
Capital

             December Year-to-Date 2017 Flash Results
               (Unaudited Preliminary, in Millions)

                        (A)            (PY)            V(PY)
                        ---            ----            -----
Net Revenue          $603.4          $865.1          $(261.7)
Gross Profit          126.0           236.9           (111.0)
Gross Profit %         20.9%           27.4%            -6.5pts
OPEX                   92.4           117.1             24.7
OPEX %                 15.3%           13.5%             1.8pts
EBITDA                 33.6           119.8            (86.3)
EBITDA %                5.6%           13.9%            -8.3pts

Remington said the information described above represented the
Company's best estimates as of January 31, 2018 and has not been
updated to reflect the Company's current forecast or outlook.

The Company also disclosed that, as of February 9, 2018 (a) the
cash position of FGI Opco and its subsidiaries, on a consolidated
basis, was approximately $8 million, and (b) the cash position of
ROC -- exclusive of the amount in (a) above -- was approximately
$76 million.  Other than as set forth in the description of the
Restructuring Support Agreement and Term Loan B Amendment above,
FGI Opco does not have any contractual right to the cash held by
ROC.

                     About Remington Outdoor

Based in Madison, North Carolina, Remington Outdoor Company, Inc.
-- https://www.remingtonoutdoorcompany.com/ -- manufactures and
markets firearms, ammunition, and related products for commercial,
military, and law enforcement customers worldwide.  The company
operates through two segments, Firearms and Ammunition.

The company is controlled by Cerberus Capital Management.
Remington's affiliated companies are FGI Holding Company, LLC; and
FGI Operating Company, LLC; Remington Arms Company, LLC; Barnes
Bullets, LLC; TMRI, Inc.; RA Brands, L.L.C.; and Remington Arms
Distribution Company, LLC.

As of Oct. 1, 2017, Remington listed $954.3 million in total assets
against $1.306 billion in total liabilities and $351.9 million in
stockholders' deficit.

                           *     *     *

As reported by the Troubled Company Reporter on Dec. 25, 2017,
Moody's Investors Service downgraded Remington Outdoor Company's
Corporate Family Rating (CFR) to Caa3 from Caa2 and its Probability
of Default Rating to Caa3-PD from Caa2-PD. The rating action
reflects Moody's concern with Remington's weak operating
performance, liquidity pressure from approaching maturities, and
the view that the company's capital structure is unsustainable. The
rating outlook is negative.

Moody's said it is very concerned that Remington will be unable to
refinance debt that comes due in April 2019 given its weak
operating performance and high financial leverage.

The TCR reported on Nov. 21, 2017, that S&P Global Ratings lowered
its corporate credit rating on Remington Outdoor to 'CCC-' from
'CCC+'. The outlook is negative.

"The rating downgrade reflects heightened default risk absent an
unforeseen and favorable change to operating results over the next
six months, based on our lowered revenue and cash flow forecasts
through 2018," S&P explained.  "We believe the deterioration in
operating cash flow could result in an unsustainable reliance on
the ABL revolver, weak liquidity, and a heightened risk of a
restructuring of some form over the next six to 12 months."


REMINGTON OUTDOOR: Term Loan B Lenders Agree to Forbearance
-----------------------------------------------------------
Gun maker Remington Outdoor Company, Inc. told investors on Monday
that on February 8, 2018, its affiliates, FGI Holding Company, LLC,
and FGI Operating Company, LLC, entered into a forbearance
agreement with Bank of America, N.A., as administrative agent, and
the lenders party to the Term Loan B Agreement dated as of April
19, 2012, by and among FGI Opco, FGI Holding, the guarantors and
lenders from time to time party thereto, the Term Loan B Agent, and
the other parties party thereto.

Pursuant to the Term Loan B Forbearance Agreement, the Term Loan B
Agent and lenders party thereto agreed that they would not, solely
by reason of the existence of certain "Events of Default" under
Term Loan B, exercise certain rights or remedies available under
Term Loan B or the other financing agreements and guaranties
entered into in connection therewith. The initial forbearance
period expired on February 9, 2018, at 11:59 p.m. New York time.

The forbearance period was renewed and will remain in effect until
the earlier of customary termination events and the termination of
the Restructuring Support Agreement that Remington entered into
with:

     (i) certain holders, or investment advisors or investment
managers to certain holders -- Consenting Term Loan Lenders -- of
certain claims arising under Term Loan B (holders of claims under
Term Loan B, the "First Lien Term Loan Lenders"), and

    (ii) certain holders -- Consenting Third Lien Creditors -- of
the Company's 7.875% Senior Secured Notes due 2020.

Reuters, citing people familiar with the matter, reported last week
that Remington reached a forbearance agreement with its creditors
following a missed coupon payment on its debt.

                     About Remington Outdoor

Based in Madison, North Carolina, Remington Outdoor Company, Inc.
-- https://www.remingtonoutdoorcompany.com/ -- manufactures and
markets firearms, ammunition, and related products for commercial,
military, and law enforcement customers worldwide.  The company
operates through two segments, Firearms and Ammunition.

The company is controlled by Cerberus Capital Management.
Remington's affiliated companies are FGI Holding Company, LLC; and
FGI Operating Company, LLC; Remington Arms Company, LLC; Barnes
Bullets, LLC; TMRI, Inc.; RA Brands, L.L.C.; and Remington Arms
Distribution Company, LLC.

As of Oct. 1, 2017, Remington listed $954.3 million in total assets
against $1.306 billion in total liabilities and $351.9 million in
stockholders' deficit.

                           *     *     *

As reported by the Troubled Company Reporter on Dec. 25, 2017,
Moody's Investors Service downgraded Remington Outdoor Company's
Corporate Family Rating (CFR) to Caa3 from Caa2 and its Probability
of Default Rating to Caa3-PD from Caa2-PD. The rating action
reflects Moody's concern with Remington's weak operating
performance, liquidity pressure from approaching maturities, and
the view that the company's capital structure is unsustainable. The
rating outlook is negative.

Moody's said it is very concerned that Remington will be unable to
refinance debt that comes due in April 2019 given its weak
operating performance and high financial leverage.

The TCR reported on Nov. 21, 2017, that S&P Global Ratings lowered
its corporate credit rating on Remington Outdoor to 'CCC-' from
'CCC+'. The outlook is negative.

"The rating downgrade reflects heightened default risk absent an
unforeseen and favorable change to operating results over the next
six months, based on our lowered revenue and cash flow forecasts
through 2018," S&P explained.  "We believe the deterioration in
operating cash flow could result in an unsustainable reliance on
the ABL revolver, weak liquidity, and a heightened risk of a
restructuring of some form over the next six to 12 months."


RESOLUTE ENERGY: Wellington Has 8.1% Stake as of Dec. 29
--------------------------------------------------------
Wellington Management Group LLP, Wellington Group Holdings LLP and
Wellington Investment Advisors Holdings LLP reported to the
Securities and Exchange Commission that as of Dec. 29, 2017, they
beneficially own 1,820,879 shares of common stock of Resolute
Energy Corp, constituting 8.09 percent of the shares outstanding.
Wellington Management Company LLP also reported beneficial
ownership of 1,810,959 Common Shares.

The securities as to which this Schedule is filed by Wellington
Management Group LLP, as parent holding company of certain holding
companies and the Wellington Investment Advisers, are owned of
record by clients of the Wellington Investment Advisers. Wellington
Investment Advisors Holdings LLP controls directly, or indirectly
through Wellington Management Global Holdings, Ltd., the Wellington
Investment Advisers.  Wellington Investment Advisors Holdings LLP
is owned by Wellington Group Holdings LLP. Wellington Group
Holdings LLP is owned by Wellington Management Group LLP.

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

                    https://is.gd/36YRxs

                   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, $866.1 million in
total liabilities and a total stockholders' deficit of $73.76
million as of Sept. 30, 2017.


REX ENERGY: Restructuring Negotiation Process Ongoing
-----------------------------------------------------
As noted in previous periodic filings by Rex Energy Corporation,
from time to time, the Company engages with its lenders or other
holders of its securities, including its 1.0%/8.0% senior secured
notes due 2020, its preferred stock, and its common stock,
regarding potential transactions, or otherwise opportunistically
considers strategic financing proposals that management believes
may be beneficial to the Company and its stakeholders.  These
transactions may include proposals for financing or
recapitalization, refinancing of existing debt, debt-for-debt or
debt-for-equity exchanges, or other restructuring transactions with
current investors, affiliates of the Company, and/or other
financing or strategic counterparties.

In September 2017, the Company entered into confidentiality
agreements and commenced discussions with legal and financial
advisors for a committee of holders of the senior notes, who have
represented to the Company that they hold a substantial portion of
the senior notes, to explore one or more possible restructuring,
financing, refinancing, reorganization, recapitalization,
amendment, waiver, forbearance, asset sale and/or similar
transactions involving the Company.  Subsequent to the date of the
execution of these confidentiality agreements, the Noteholder
Advisors (a) conducted due diligence on the Company and (b) engaged
in discussions with the Company and its advisors.

In early January 2018, the Company entered into confidentiality
agreements with the Noteholders to discuss a Possible Transaction.
During the course of those discussions, and subject to the
applicable NDAs, the Company shared certain confidential
information with the Noteholders.  The Company is obligated to
disclose such information in a Form 8-K pursuant to the terms of
the applicable NDAs.  Copies of the Cleansing Materials are
available for free at https://is.gd/7gmkGw

Also following entry into the NDAs, the Company and the Noteholders
engaged in negotiations with respect to a Possible Transaction.
The most recent term sheet proposals sent by each of the Company
and the Noteholders are available for free at:

                       https://is.gd/AI6GU1
                       https://is.gd/DwO03O

In addition, the most recent proposals for the material terms of an
amendment to the Company's existing term loan facility are
available for free at https://is.gd/imVaM0

The Company has not yet reached agreement on mutually acceptable
terms and conditions with the Noteholders regarding a Possible
Transaction.  Negotiations between the Company and the Noteholders
are ongoing.  There are no assurances that the Company and such
Noteholders will come to an agreement on the terms of a Possible
Transaction.

Rex Energy expects that it will continue to periodically assess its
financing alternatives and opportunistically engage with current or
potential investors, lenders, or financing providers regarding such
alternatives in the future.  Any financing, refinancing, or
restructuring arrangement may be on terms similar or dissimilar to
the proposal described herein, could be subject to additional terms
or conditions, could require specific approvals from existing
lenders, noteholders and/or shareholders, among others, and would
otherwise be subject to the negotiation and execution of definitive
documentation.  There can be no assurance that any such transaction
would result in additional liquidity or that any such transactions
can or will be consummated.

                  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 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.


RFI MANAGEMENT: Plan Outline Okayed, Plan Hearing on March 1
------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of North Carolina
will consider approval of RFI Management, Inc.'s Chapter 11 plan of
reorganization at a hearing on March 1.

The court will also consider at the hearing final approval of the
company's disclosure statement, which it conditionally approved on
Jan. 25.

The order set a Feb. 19 deadline for creditors to file their
objections and a Feb. 26 deadline to cast their votes accepting or
rejecting the plan.

The latest plan proposes a new treatment for Class 1 secured claim
of Swift Financial Corporation.  Under the plan, Swift Financial
will receive 17 monthly payments and its claim in the sum of
$113,838.02 will be paid in full, according to its second amended
disclosure statement.  

A copy of the second amended disclosure statement is available for
free at:

         http://bankrupt.com/misc/ncmb17-80247-186.pdf

                      About RFI Management

RFI Management, Inc., works as a subcontractor installing flooring
products and wall materials, principally in hotel properties across
the United States and in Puerto Rico.

RFI Management filed a Chapter 11 bankruptcy petition (Bankr.
M.D.N.C. Case No. 17-80247) on March 29, 2017.  Edward Rosa,
President, signed the petition.  At the time of filing, the Debtor
estimated assets and liabilities between $100,000 and $500,000.

James C. White, Esq., and Michelle M. Walker, Esq., at Parry
Tyndall White, serve as counsel to the Debtor.  Padgett Business
Services of NC is the Debtor's accountant.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.


ROBAROSA CORP: Plan and Disclosures Hearing Set for March 9
-----------------------------------------------------------
Bankruptcy Judge Brenda T. Rhoades conditionally approved Robarosa
Corporation's small business disclosure statement, dated Jan. 29,
2018, to accompany its proposed chapter 11 plan of reorganization.

March 8, 2018 is fixed as the last day for filing written
acceptances or rejections of the Debtor's proposed Chapter 11 plan
which must be received by 5:00 p.m. (CDT).

March 6, 2018 is fixed as the last day for filing and serving
written objections to final approval of the Debtor’s Disclosure
Statement; or confirmation of the Debtor’s proposed Chapter 11
plan.

The hearing to consider final approval of the Debtor's Disclosure
Statement and to consider the confirmation of the Debtor's proposed
Chapter 11 Plan is fixed and will be held on March 9, 2018 at 10:00
a.m. in the Plano Bankruptcy Courtroom, 660 N. Central Expressway,
Third Floor, Plano, Texas 75074.

All creditors holding allowed unsecured claims will be paid in full
on the Effective Date from the proceeds of the sale of the
Property.

The Debtor sell its interest in the Property to Ben Lange. Lange
will pay the amount necessary to pay the Allowed Claims.

A fundamental component of this Plan is the sale of the Debtor's
interest in the Property. The confirmation of this Plan will serve
as a Court finding that the Debtor has determined in the exercise
of their reasonable business judgment to sell its interest in the
Property. The Debtor has demonstrated good, sufficient and sound
business reasons and justification for the sale of its interest in
the Property as requested in the Plan. The sale of the interest in
the Property, under Section 363(b) and (f) of the Bankruptcy Code
and this Plan is in the best interests of the Debtor, its estate
and its creditors. The consideration to be paid constitutes
adequate and fair value for the Debtor’s interest in the
Property. The sale of the interest in the Property was negotiated
and entered into in good faith and from arm's-length positions
between the Debtor and the purchaser. The purchaser of the interest
in the Property is a good faith purchaser as that term is used in
Section 363(m) of the Bankruptcy Code.

A full-text copy of the Disclosure Statement dated Jan. 29, 2018,
is available at:

           http://bankrupt.com/misc/txeb17-41622-32.pdf

                      About Robarosa Corp

Robarosa Corporation has an interest in a property located at 4381
Highway 377, in Aubrey, Texas, valued at $2.7 million. The Debtor
filed a Chapter 11 petition (Bankr. E.D. Tex. Case No. 17-41622) on
July 31, 2017.  The petition was signed by Gail Cooper, trustee of
Master Hand Trust, the sole shareholder.

Judge Brenda T. Rhoades presides over the case.  Eric A. Liepins,
Esq., at Eric A. Liepins P.C. represents the Debtor.

At the time of filing, the Debtor estimates $2.75 million in assets
and $1.16 million liabilities.


RONALD GOODWIN: Wood Buying Three Sedgwick Parcels for $250K
------------------------------------------------------------
Ronald A. Goodwin and Michelle L. Goodwin filed with the U.S.
Bankruptcy Court for the District of Kansas a combined notice of
its proposed sale of three parcels of real property located in
Sedgwick County, Kansas to R.D. Wood for $250,000.

A hearing on the Motion is set for March 8, 2018 at 10:30 a.m.  The
objection deadline is Feb. 26, 2018.

The parcels are described as:

     a. Parcel 1: That part of the Southwest Quarter of Section 12,
Township 27 South, Range 2 West of the Sixth Principal Meridian,
Sedgwick County, Kansas described as commencing at the southwest
corner of said Southwest Quarter; thence north along the west line
of said Southwest Quarter, 1040.00 feet for a point of beginning;
thence continuing north along the west line of said Southwest
Quarter, 150.00 feet; thence east parallel with the south line of
said Southwest Quarter, 350.00 feet; thence north parallel with the
west line of said Southwest Quarter, 566.00 feet; thence east
parallel with the south line of said Southwest Quarter, 300.00
feet; thence south parallel with the west line of said Southwest
Quarter, 716.00 feet; thence west parallel with the south line of
said Southwest Quarter, 650.00 feet to the point of beginning, all
being subject to road rights-of-way of record.

     b. Parcel 2: That part of the Southwest Quarter of Section 12,
Township 27 South, Range 2 West of the Sixth Principal Meridian,
Sedgwick County, Kansas described as commencing at the southwest
corner of said Southwest Quarter; thence north along the west line
of said Southwest Quarter, 990.00 feet to the intersection with the
westerly extension of the north line of Lot 1, Vince Garcia
Addition, an Addition to Sedgwick County, Kansas, and for a point
of beginning; thence continuing north along the west line of said
Southwest Quarter, 50.00 feet; thence ease parallel with the south
line of said Southwest Quarter, 900.00 feet; thence south parallel
with the west line of said Southwest Quarter, 50.00 feet, more or
less, to a point on the north line of Crystal Gardens Addition,
Wichita, Sedgwick County, Kansas; thence west along the north line
of said Crystal Gardens and along the north line of Lot 1 in said
Vince Garcia Addition, and as extended west, 900.00 feet to the
point of beginning, all being subject to road rights-of-way of
record.

     c. Parcel 3: That part of the Southwest Quarter of Section 12,
Township 27 South, Range 2 West of the Sixth Principal Meridian,
Sedgwick County, Kansas described as commencing at the southwest
corner of said Southwest Quarter; thence north along the west line
of said Southwest Quarter, 1040.00 feet; thence east parallel with
the south line of said Southwest Quarter, 650.00 feet for a point
of beginning; thence north parallel with the west line of said
Southwest Quarter, 220.00 feet; thence east parallel with the south
line of said Southwest Quarter, 250.00 feet; thence south parallel
with the west line of said Southwest Quarter, 220.00 feet; thence
west parallel with the south line of said Southwest Quarter, 250.00
feet to the point of beginning.

The proposed sale will be made to the Buyer, a single person, for
the purchase price of $250,000.  The Real Estate has not been
claimed as exempt by the Debtors.  It will be sold in its present,
"as is" condition with no express or implied warranties; subject to
rights of way and easements of record; and free and clear of the
liens and encumbrances of record against the Real Estate.

The liens and encumbrances of record against the Real Estate are:

     a. Mortgage dated Jan. 17, 2008, recorded Jan. 23, 2008, as
DOC#/FLM-PG: 28947491, made by Goodwin Properties, L.L.C. to Rodney
Dale Nicholson and Margry A. Nicholson, husband and wife, in the
amount of $971,285;

     b. Judgment lien entered in Sedgwick County Case No. 16-CV-899
in the case styled Leonard E. Heller, Dorothy R. Harris and John D.
Harris, in their capacities as Trustees of the John B. and Dorothy
Ruth Harris AB Living Trust vs. Goodwin Properties, LLC, et al.,
Journal Entry of Judgment filed Nov. 18, 2016 in favor of the
Plaintiff in the amount of $1,236,823;

     c. Lis pendens arising from Sedgwick County Case No.
17-CV-1075 styled Dwight M. Diefenbach and Margie Diefenbach vs.
Goodwin Properties, L.L.C. et al., Petition filed May 3, 2017; and

     d. All right, title and interest of James and Marcia McAnarney
arising from an Affidavit of Equitable Interest filed April 20,
2016, Doc#FLM-PG 29602580.

From the sale proceeds, the Debtors will pay:

     a. the unpaid real estate taxes attributable to the Real
Estate prorated to the date of closing;

     b. their share of closing expenses for title insurance,
platting expenses, recording fees, closing fees, inspections and a
brokerage fee of six percent (6.00%) of the Purchase Price to be
divided between brokers Brodrick Jayroe and Kris Wessel;

     c. the fees of Baughman Co. or work related to rezoning the
real estate and developing a Community Unit Plan; and

     d. the Mortgage of Rodney Dale Nicholson and Margry A.
Nicholson with a principal of $484,901 as referenced.

Ronald A. Goodwin and Michelle L. Goodwin sought Chapter 11
protection (Bankr. D. Kan. Case No. 16-12205) on Nov. 8, 2017.  The
Debtors tapped Mark J. Lazzo, Esq., as counsel.


RONALD MICHAEL: Reselling Stock to First Trust Financial
--------------------------------------------------------
Ronald Michael, M.D., asks the U.S. Bankruptcy Court for the
Northern District of Indiana to authorize the sale of its 10,000
shares of stock in First Trust Financial Corp. to First Trust
Financial in exchange for the redemption of the First Trust Stock
and payment of the proceeds of the First Trust Stock and
accumulated dividends to the Federal Deposit Insurance Corp., as
receiver for First United Bank ("FDIC") pursuant to its perfected
interest in the First Trust Stock.

At the commencement of the case, the Debtor owned, and held legal
title to the First Trust Stock.  The First Trust Stock is in the
possession of the FDIC, pursuant to a Commercial Pledge Agreement
signed by the Debtor on April 21, 2006 in favor of First United
Bank.

The Debtor files the Motion in order to accept the offer of First
Trust Financial to redeem the First Trust Stock and pay the
proceeds of the First Trust Stock and accumulated dividends to the
FDIC pursuant to its perfected interest in the First Trust Stock.

The terms of the redemption provide for the price of $27.50 per
share and the accumulated dividends of $30,000 held by First Trust
Financial for the benefit of the Debtor since the bankruptcy
filing.  There are no broker or sales fees involved in the
transaction.  

The gross purchase price for the First Trust Stock is $275,000.
After the addition of the dividends held by First Trust Financial
of $30,000, the net proceeds of the sale, or $305,000, will be
available to pay the secured creditor, FDIC.  On April 14, 2017,
FDIC filed a proof of claim against the Debtor asserting a secured
claim in the amount $3,518,663, based on an alleged judicial lien
in all of the Debtor's assets.  The FDIC's possession of the First
Trust Stock certificates makes the FDIC claims secured as to the
First Trust Stock.

The Debtor, Illiana Neurospine Institute, LLC, and FDIC have
engaged in extensive negotiations with the assistance and advice of
the counsel and, subject to the Court's, have entered into a
Settlement Agreement which will resolve any claims between the
Debtors and FDIC.  The Debtor asks authority to sell the First
Trust Stock free and clear of all liens, claims, adverse interests
and encumbrances, except the lien of the FDIC, which attaches to
the proceeds of the sale.  Upon approval of the Court, and at
closing the Debtor will distribute the funds to the FDIC as payment
on its secured claim.  The secured claim of the FDIC will attach to
the net proceeds of the sale.

It is in the best interest of all creditors, including the FDIC, to
immediately apply the proceeds of the sale to the FDIC secured
claim.  The Debtor asks further, additional authority to pay the
entire net proceeds of the sale, immediately upon closing, to the
FDIC to be applied to the secured claim of the FDIC.  The Debtor
also asks for authority to pay sales costs/expenses, including
payment of usual and customary closing costs and real estate taxes
and pro-rations, at closing.

The Letter of Direction was negotiated and signed/accepted on Feb.
2, 2018.  First Trust Financial has expressed a need and urgency to
close.  The purchasers are anxious to close the First Trust Stock
redemption.  An order authorizing sale is stayed until 10 days
after entry of the order expires, unless the Court orders otherwise
pursuant to Fed. R. Bankr. P. 6004(l1).

The sale is part of, and within, the Debtor's ordinary course of
business.  This is a pre-confirmation sale and liquidation of a
part of the Debtor's assets and property.

The Creditor:

          FEDERAL DEPOSIT INSURANCE CORP.
          c/o Eric S. Rein
          Horwood Marcus & Berk Chartered
          500 W. Madison St., Suite 3700
          Chicago, IL 60661-4591

Ronald Michael, M.D., sought Chapter 11 protection (Bankr. N.D.
Ind. Case No. 16-23334) on Nov. 29, 2016.  Gordon E. Gouveia, Esq.,
serves as counsel to the Debtor.


SALON MEDIA: Reports $696,000 Net Loss for Third Quarter
--------------------------------------------------------
Salon Media Group, Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q reporting a net loss
of $696,000 on $1.24 million of revenues for the three months ended
Dec. 31, 2017, compared to a net loss of $5.41 million on $1.22
million of revenues for the three months ended Dec. 31, 2016.

For the nine months ended Dec. 31, 2017, the Company reported a net
loss of $2.06 million on $3.86 million of revenues compared to a
net loss of $7.12 million on $3.51 million of revenues for the nine
months ended Dec. 31, 2016.

As of Dec. 31, 2017, Salon Media had $1.38 million in total assets,
$3.72 million in total liabilities and a total stockholders'
deficit of $2.33 million.

The Company's operating expenses for the three months ending Dec.
31, 2017 were reduced to $1.8 million compared to $2.2 million for
the same period last year.  For the nine months ending Dec. 31,
2017, operating expenses were $5.5 million, compared to $6.2
million for the same period last year.  Net losses from operations
were $0.6 million during the three months ended Dec. 31, 2017, and
$1.7 million for the nine months ending Dec. 31, 2017, a decrease
from $1.0 million and $2.7 million, respectively, during the same
periods last year.  The decrease in losses resulted from a nominal
increase in revenues and a decrease in operating expenses.  In
addition, the financials included several non-recurring items,
including $0.4 million non-cash interest expense recorded for the
beneficial conversion feature of capital raising transactions
during the nine months ending
Dec. 31, 2017, as well as $4.4 million non-cash interest expense
recorded for the beneficial feature of capital raising transactions
in the nine months ending Dec. 31, 2016.

Salon has continued to roll out a strategy to produce original
video content focused on news, politics, and entertainment under
the banner of Salon TV, Salon Talks and Salon Stage, with a goal to
add high quality diversified content to Salon's Website, and to
attract premium video advertising that commands higher CPMs as
compared to display advertising.  Featured guests on Salon Talks
have included Senator Al Franken, scientist Bill Nye, Deepak
Chopra, Dan Rather, Pearl Jam guitarist Mike McCready and Van
Jones, among others, while Salon Stage hosted acoustic sets by,
among others, the Revivalists, Josh Ritter, Lukas Nelson, Bela
Fleck, Wyclef Jean and more.
  
Salon has been implementing a plan to offer a subscription program,
which is expected to launch in the March 2018 quarter, that will be
targeted at Salon users who prefer not to see advertisements.
Initially, Salon will offer an ad-free app for mobile and tablet.
Salon also plans to launch gated premium content initially to
international users, as user adoption is higher for this service in
countries in Europe.

Average unique visitors to the Salon.com Website during the quarter
ending Dec. 31, 2017 was 13.1 million, flat compared to the quarter
ending Dec. 31, 2016, and an increase of 11% compared to the
quarter ending Sept. 30, 2017, according to data compiled by Google
Analytics.  The Company's focus on growing traffic has shifted from
volume to quality, in order to maximize its ability to monetize its
page views with higher CPM video and display advertising.  The
Company attributes the flat traffic to a combination of events,
including the changes in the algorithms used by Facebook to promote
news content, which led to lower referral traffic from Facebook,
and reduced referral traffic from other major websites like Yahoo
and Twitter.

"Our overall shift toward leveraging technological and programmatic
solutions for digital publishing has created consistent results
that position us for future growth.  This quarter we made some
excellent progress in controlling our costs, growing audience and
re-launching video into a critically acclaimed property that is
beginning to scale," said Jordan Hoffner, CEO of Salon Media Group.
"These pillars will help propel the Salon Media Group towards
future growth."

           Salon has Historically Lacked Significant
             Revenues and has a History of Losses

Salon Media has a history of significant losses and expect to incur
a loss from operations for its fiscal year ending March 31, 2018
and potentially for future years.  Even if the Company attains
profitability, it may not be able to sustain or increase
profitability on a quarterly or annual basis.  If revenues grow
more slowly than the Company anticipates or operating expenses
exceed expectations, financial results will most likely be severely
harmed and its ability to continue operations will be seriously
jeopardized.

BPM LLP, Salon's independent registered public accounting firm for
the fiscal years ended March 31, 2017, 2016 and 2015, included a
"going-concern" audit opinion on the financial statements for those
years.  The audit opinions report substantial doubt about the
Company's ability to continue as a going concern, citing issues
such as the history of losses and absence of current profitability.
As a result of the factors noted in the going-concern opinions,
its stock price and investment prospects have been and will
continue to be adversely affected, thus limiting financing choices
and raising concerns about the realization of value on assets and
operations.

                Liquidity and capital resources

Net cash used in operations was approximately $0.7 million for the
nine months ended Dec. 31, 2017.  The principal uses of cash during
the nine months ended Dec. 31, 2017 were to fund the $2.0 million
net loss, inclusive of $0.4 million non-cash interest expense, $0.9
million stock-based compensation expense, and the net activities
from various working capital for the period.  The accounts
receivable, net as of Dec. 31, 2017 of approximately $0.8 million,
represent primarily advertising sales during the period, and are
expected to be collected within the next four months.

Net cash provided by financing activities was approximately $0.8
million and $1.2 million for the nine months ended Dec. 31, 2017
and Dec. 31, 2016, respectively, reflecting proceeds from
convertible promissory notes, short-term advances from related
parties and issuances of common stock, offset by repayments of
related party advances.

The Company estimates that it will require approximately $0.3
million in additional funding to meet its operating needs for the
remaining three months of fiscal 2018, ending March 31, 2018. Until
the collective bargaining negotiations with WGAE are finalized,
however, the Company will not have a clear idea of any potential
increase in its budget.  If planned revenues are less than
expected, or if planned expenses are more than expected, the cash
shortfall may be higher, which will result in a commensurate
increase in required financing.

During the nine months ended Dec. 31, 2017, the Company issued $275
in interest-free demand promissory notes and $510 in 10%
convertible promissory notes.  The Company said that if it were not
able to obtain additional funding from related parties or others,
it would be required to curtail or discontinue operations, or
consider other alternatives.

During the three months ended Dec. 31, 2017, the Company entered
into a securities purchase agreement with each of Spear Point
Capital Fund, LP, Erika Tanenbaum, Hilary Tanenbaum, Eu Revocable
Trust, TEC Opportunities, and Jordan Hoffner pursuant to which the
Company sold to the Bridge Note Purchasers an aggregate principal
amount of $510 in mandatorily convertible notes.  The notes have a
one-year maturity and bear a 10% interest rate.  The notes will
convert at a discount into shares of Common Stock upon a qualified
financing by the Company of at least $1 million.  In the event of
no conversion, the notes are payable in cash or convert into a
number of shares of common stock of the Company, rounded down to
the nearest whole share based on the Company's as diluted price per
share on the maturity date.  The notes will convert at a discount
into shares of Common Stock upon a qualified financing by the
Company of at least $1 million.  The conversion price will equal to
70% of the price per share paid in the qualified financing if such
financing occurs within four months from the date of the Securities
Purchase Agreement, or 70% less 2% per each month after the fourth
month anniversary; provided however that the Conversion Price will
never be less than the greater of (A) sixty percent (60%) of the
purchase price paid in the qualified financing and (B) the price
per share paid by investors in the most recently consummated
offering of the Company's common stock, or $0.0124 per share, the
conversion price in the Series A Mandatorily Convertible Preferred
Private Placement, if the financing occurs more than four months
after the date of the Securities Purchase Agreement.

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

                     https://is.gd/NgZNdD
     
                   About Salon Media Group

San Francisco, Calif.-based Salon Media Group (OTCQB: SLNM)
operates a news site, Salon.com. Salon.com covers breaking news,
politics, culture, technology and entertainment through
investigative reporting, fearless commentary and criticism,
provocative personal essays, and original editorial video.  In
1999, the Company had its initial public offering.  In 2001, the
Company adopted the name Salon Media Group, Inc.  Its common stock
is traded in the over-the-counter market and its stock symbol is
SLNM.PK.

Salon Media reported a net loss attributable to common stockholders
of $10.43 million on $4.57 million of net revenue for the year
ended March 31, 2017, compared to a net loss attributable to common
stockholders of $1.96 million on $6.95 million of net revenue for
the year ended March 31, 2016.  

BPM LLP, in San Francisco, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2017, noting that the Company has suffered
recurring losses and negative cash flows from operations and has an
accumulated deficit of $135.0 million as of March 31, 2017.  These
conditions raise substantial doubt about its ability to continue as
a going concern.


SANITARY AND IMPROVEMENT: Proposed Plan of Adjustment Filed
-----------------------------------------------------------
Sanitary and Improvement District No. 10 of Washington County,
Nebraska filed with the U.S. Bankruptcy Court for the District of
Nebraska a plan of adjustment, which proposes to pay four classes
of creditors.

Under the plan, all holders of administrative claims will be paid
in full, either from available funds held by the district or in the
form of general fund warrants issued throughout the pendency of the
district's bankruptcy.

In order to allow the continued operation of the district, the plan
proposes to pay service providers holding general fund warrants in
accordance with the terms of the warrants issued.  Principal and
interest on outstanding warrants will be paid not later than 60
days following the effective date.  Also, a $50,000 reserve will be
established for the general fund to ensure that services will not
be interrupted.  

As for holders of pre-bankruptcy construction fund warrants, which
make up the remainder of the district's debt, they will be provided
with certificates in accordance with the terms of the plan in
exchange for the cancellation of outstanding pre-bankruptcy
warrants.  The holder of the certificates may continue to receive
payments for as long as 15 years.

Meanwhile, construction fund warrants or post-petition construction
fund warrants may be issued by the district and are payable from
the construction fund of the district issued for capital outlay
expenditures and interest issued after the effective date if the
provisions of the plan have been complied with.

A copy of the district's plan of adjustment is available for free
at:

         http://bankrupt.com/misc/neb16-80010-27.pdf

The district is represented by:

     Mark J. LaPuzza, Esq.
     Pansing Hogan Ernst & Bachman LLP
     10250 Regency Circle, Suite 300
     Omaha, NE 68114  
     Phone: (402) 397-5500
     Fax: (402) 397-4853
     Email: mjlbr@pheblaw.com

          About Sanitary and Improvement District No. 10
                  of Washington County, Nebraska

Sanitary and Improvement District No. 10 of Washington County,
Nebraska was formed as a SID under Nebraska law in 2007.  The
district is a low-density residential development generally near
Fort Calhoun in Washington County, Nebraska.  The development
contains 50 residential lots and five outlots.  The total size of
the property within the district boundaries is approximately 225
acres.

Sanitary and Improvement District filed a Chapter 9 petition
(Bankr. D. Neb. Case No. 16-80010) on January 6, 2016.  Donna M.
Nissen, clerk, signed the petition.  

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

The case is assigned to Judge Thomas L. Saladino.  The Debtor hired
Pansing Hogan Ernst & Bachman LLP as its legal counsel.


SE PROFESSIONALS: Unsecured Creditors to Get 18% Under Plan
-----------------------------------------------------------
SE Professionals, S.C. files with the U.S. Bankruptcy Court the
Northern District of Illinois its First Amended Disclosure
Statement in conjunction with its First Amended Plan of
Reorganization.

Distributions under the Plan will be made from proceeds realized
from the continued operation of the Debtor's business by the
Debtor. The Debtor expects to generate cash to pay Administrative
Claims and Allowed Claims in Classes 1 through 4 in full.

Class 5 is comprised of holders of general unsecured Claims. Class
5 is impaired under the Plan. The Debtor estimates that
approximately sixty creditors hold Class 5 Claims aggregating
approximately $450,000.

Under the Plan, each holder of an allowed Class 5 claim will
receive a pro-rata share of eight quarterly payments in the amount
of $10,000 each with the first payment due on the first day of the
first month following the Effective Date, which payments may be
accelerated by the Debtor without penalty. This results in an
approximate 18% distribution.  The original plan did not specify
the estimated percentage of recovery for unsecured creditors.

Class 6 is comprised of the general unsecured, administrative, and
setoff Claims of D. King Aymond, M.D.  and Nicholas Aymond Trust
that aggregate in the approximate amount of $182,760. Dr. Aymond
and the Trust, however, have agreed to subordinate payment of such
Claims to all payments due under the Plan to prior classes in order
to facilitate Confirmation and effectuation of the Plan. Class 6 is
impaired under the Plan.

A full-text copy of the Disclosure Statement dated Jan. 18 is
available at:

            http://bankrupt.com/misc/ilnb17-18113-81.pdf

A full-text copy of the Disclosure Statement dated Jan. 22 is
available at:

            http://bankrupt.com/misc/ilnb17-18113-85.pdf

                      About SE Professionals

SE Professionals, doing business as Premier Vision, is a Wisconsin
service corporation which employs licensed optometrists and sells
eye-wear at three locations in the Milwaukee, Wisconsin area.  SE
Professionals' principal place of business is 840 W. Blackhawk St.,
Apt. 413, Chicago, Illinois, which is the residence of the
president, sole director and sole shareholder of SE, namely, D.
King Aymond, M.D.

SE Professionals filed a Chapter 11 petition (Bankr. N.D. Ill. Case
No. 17-18113) on June 14, 2017.  King D. Aymond, M.D., president,
signed the petition.  At the time of filing, the Debtor estimated
$100,000 to $500,000 in assets and $1 million to $10 million in
liabilities.

The case is assigned to Judge Donald R. Cassling.

The Debtor is represented by Arthur G Simon, Esq., at Crane,
Heyman, Simon, Welch & Clar.

No trustee, examiner or official committee of unsecured creditors
has been appointed in the case.


SE Y OH: $1.1M Sale of San Clemente Property to Morikawas Approved
------------------------------------------------------------------
Judge Mark S. Wallace of the U.S. Bankruptcy Court for the Central
District of California authorized Se Y. Oh's sale of the real
property located at 2928 Calle Gaucho, San Clemente, California,
consisting of a single family home, to Kazuyuki and Yuka Morikawa
for $1,077,000.

A hearing on the Motion was held on Jan. 29, 2018 at 2:00 p.m.

The Debtor is authorized to pay directly from the escrow all of
these charges:

     a. Real Property Taxes to the County of Orange;

     b. All liens and encumbrances of record, and any other liens
in which voluntary releases have been obtained prior to close of
escrow:

          i. The secured claim of Union Bank will be paid in full
from proceeds of the sale as a first position secured creditor.

          ii. Union Bank will not be surcharged with the costs of
sale; broker's commissions, attorneys' fees or any other
administrative claims, costs or expenses in connection with the
sale of the Subject Property.

          iii. In the event that the sale of the Subject Property
is not completed or funds are not received by Union Bank to satisfy
the Subject Loan in full after closing, Union Bank will retain its
lien for the full amount due under the Note;

          iv. If the Debtor fails to close escrow and payoff the
Subject Loan in accordance with this Order within 60 calendar days
of entry of the Order, the Debtor will file and notice a motion
with the court requesting an extension to complete the sale or the
sale Order will be void.

     c. A real estate brokerage fee in the sum of $53,850 to be
divided equally between the Debtor's broker and the Purchaser's
broker.  The Debtor in Possession expressly reserves all rights to
pursue any remedy-legal, administrative, regulatory, or
otherwise-against the estate’s broker regarding all or any
portion of that real estate brokerage fee; and

     d. All other reasonable and customary escrow fees, recording
fees, title insurance premiums, and closing costs necessary and
proper to conclude the sale of the Subject Property.

The net proceeds remaining due to the Debtor after payment of the
charges out of escrow will be deposited into the DIP account
#xxxxxxxx2359 at Union Bank.

Pursuant to 11 U.S.C. Section 363(m), absent a stay of the Order
pending appeal, the reversal or modification on appeal of this
Order, or any provision thereof, will not affect the validity of
the sale transaction approved hereby which is consummated prior to
such stay, reversal or modification on appeal.

The 14-day stay provided under Federal Rule of Bankruptcy Procedure
6004(D) and (H) is waived and a sale can be consummated immediately
after entry of the Order approving the sale.

                          About Se Y. Oh

Together with his spouse as community property, Se Y. Oh owns six 6
single family homes in Orange County.   The properties have total
gross value of $9.29 million with secured obligations on those
properties totaling $2.926 million.

Se Y. Oh sought Chapter 11 protection (Bankr. C.D. Cal. Case No.
17-13152) on Aug. 7, 2017.  The Debtor filed a prior Chapter 11
case in November 2016 which was dismissed, without a bar to
refiling, on April 18, 2017.

The Debtor tapped Stephen R. Wade, Esq., at The Law Offices of
Stephen R Wade, as counsel.  

Commencing in October 2016 the Debtor retained the services of
Lorettta Pierce, a licensed real estate saleswoman with the
brokerage of Keller Williams.


SERENITY HOMECARE: PHC Buying QHH Stock for $1 Million
------------------------------------------------------
Quality Home Health, Inc. ("QHH"), and and Serenity Homecare, LLC,
ask the U.S. Bankruptcy Court for the Western District of Louisiana
to authorize the sale of 100% of the QHH stock to PHC Ventures, LLC
for $1 million.

Serenity is owned by Thomas E. Cupples, II and Ana Medina Cupples
in 50% interests each.  Serenity is the sole owner of QHH, a home
health service company based in West Monroe, Louisiana, which is
not profitable and losing money.

Other than trade debt incurred in the ordinary course of business,
QHH has but one significant creditor, Mid-Delta Health Group, Inc.,
who holds an unsecured claim in the amount of $83,385.

Serenity has received an offer to purchase the entirety of issued
and outstanding stock of QHH from the Buyer.  PHC is a Louisiana
limited liability company newly formed for the purchase of the QHH
stock, organized by its member/manager, Dawne Smith, an individual
with no connection to the Debtors' respective businesses or
estates.

In connection with the sale, the Debtors have obtained a Letter of
Intent from PHC evidencing the intention to purchase 100% of QHH's
stock in exchange for $1 million, free and clear of all liens and
encumbrances.  Pursuant to the Agreement, PHC will purchase 100% of
the QHH stock in exchange for $1 million, made payable in the form
of (a) an initial cash payment at closing in the amount of
$250,000; and (b) $750,000 payable in 24 consecutive monthly
payments of no less than $31,250 until paid in full, pursuant to
the terms and conditions of a separately executed Promissory Note.

The terms of the sale contemplate closing to occur as soon as
possible after Court approval, with the Court being requested to
relieve the Debtors of the appeal delays given the continuing
losses to the estates being incurred.  Serenity will satisfy the
Mid-Delta debt from the proceeds of the initial payment on the
effective date, and PHC will further assume all assets and
liabilities of QHH, specifically including all trade debt incurred
in the ordinary course of business.

Additional terms of the Stock Purchase Agreement include PHC's
execution of a Security Agreement in favor of Serenity, granting a
secured interest in all of PHC's assets (tangible and intangible,
corporeal and incorporeal, movable and movable), to secure payment
of the purchase price under the Agreement and corresponding
Promissory Note; and execution of a Personal Guaranty by PHC's
principal owner, Smith, in favor of Serenity.  PHC, as purchaser,
must further indemnify, defend and hold Serenity harmless from any
and all claims and obligations arising and related to circumstances
occurring after the effective date.

The Debtors have determined that continued operation of QHH will
result in losses to the estates, and it is in the best interest of
the estate and its creditors to execute the Stock Purchase
Agreement.  In order to preserve the estate from continued
operating costs, it is in the best interest of the estate and its
creditors if the sale of QHH is had on an expedited basis.

The Debtors ask authority to enter into the Stock Purchase
Agreement, and remit proceeds from the sale to Mid-Delta in
satisfaction of the Mid-Delta debt.  They further show, upon
closing and satisfaction of the Mid-Delta debt, that the matter of
Quality Home Health, Inc., Case No. 17-80887 should be dismissed.

The Creditor:

          MID-DELTA HEALTH GROUP, INC.
          Attn: Jan Marie Hayden, Esq.
          E-mail: jhayden@bakerdonelson.com

                    About Serenity Homecare

Serenity Homecare, LLC, is a home health care service provider in
Alexandria, Louisiana.  Serenity Homecare and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D. La.
Lead Case No. 17-80881) on Aug. 22, 2017.  Thomas E. Cupples, II,
its member and manager, signed the petitions.  Judge John W. Kolwe
presides over the cases.  The cases are jointly administered.

Each of Serenity Homecare, Antigua Investments, Central Louisiana
Home, Cupples Holdings, Hospice Care of Avoyelles, Quality Home
Health I and Quality Home Health estimated under $50,000 in assets.
Serenity Homecare and Cupples Holdings estimated under $1 million
in liabilities.  Antigua Investments estimated $1 million to $10
million in liabilities.  Central Louisiana Home, Hospice Care of
Avoyelles and Quality Home Health I estimated under $500,000 in
liabilities. Quality Home Health estimated under $100,000 in
liabilities.

The Debtors tapped Gold, Weems, Bruser, Sues & Rundell, in
Alexandria, Louisiana, as counsel.


SHIEKH SHOES: Conducting Store Closing Sales at 45 Locations
------------------------------------------------------------
Shiekh Shoes, LLC, asks the U.S. Bankruptcy Court for the Central
District of California to authorize (i) it to self-manage and
conduct store closing sales at 45 of its stores; (ii) it to sell
all of its personal property at the closing stores in connection
with the closing sales; (iii) the sale guidelines for the closing
sales; and (iv) it to reject any lease relating to a closing store
pursuant to the lease rejection procedures.

Nike is the Debtor's critical, key supplier and vendor.  Its
products account for more than 60% of the Debtor's gross revenues.
As a result, following extensive negotiations, the Debtor and Nike
reached an agreement under which Nike would continue supplying the
Debtor with product immediately.  Under the Nike Agreement, the
Debtor commenced payments to Nike on account of its prepetition
debt, in exchange for Nike's resumption of shipments to the Debtor
on credit terms, with all outstanding indebtedness owed to Nike
afforded superpriority administrative status.

The Debtor asks authority to conduct a second round of inventory
clearance sales at certain identified stores for an estimated
period of 30 to 90 days.  The Closing Stores simply are not
profitable and the Debtor presently lacks the liquidity to purchase
necessary product to change this reality.  Moreover, however, the
Debtor understands that the product to be supplied by Nike on a
go-forward basis will not be sufficient to render the Closing
Stores profitable or otherwise worth maintaining going forward.
Therefore, he asks the Court to approve the relief sought to allow
the Debtor to start the Closing Sales immediately.

From the outset of the case, the Debtor contemplated closing
certain stores in pursuit of reorganization.  The decision to close
or maintain any particular store is based on multiple factors,
including the profitability of the store, the costs and expenses of
maintaining the store, the Debtor's success in negotiating more
favorable rent payment structures, the supply of product from key
vendors, and the Debtor's cash position and level of liquidity
successfully manage the process on their own.  Based on the
foregoing, it believes conducting the Closing Sales, followed by
rejection of the underlying leases, is the best option for the
Debtor, the Estate, and its creditors.

On Jan. 18, 2018, the Debtor filed a motion to approve sale and
bidding procedures in connection with the pursuit of a going
concern sale of substantially all assets.  It filed that motion and
agreed to pursue this track at the request of and in coordination
with the Committee as a potential "back-up" plan to reorganization.
The Court granted the Bidding Procedures Motion, with a sale
hearing currently set for March 7, 2018, following the submission
of bids by Feb. 20, 2018.

In addition to the foregoing, over the past several weeks, the
Debtor has engaged in extensive discussions with primary
constituencies in the case.  First, the Debtor engaged in
negotiations with many landlords in an attempt to reach agreements
for various rent concessions and other modifications to the
Debtor's leases.  Second, the Debtor has engaged in settlement
discussions with Comvest.  The Debtor and Comvest have reached an
agreement regarding Comvest's claim and participation in this case,
subject to documentation and Court approval.  Third, the Debtor has
discussed future operations and product mix, including upon
emergence from tes case, with certain key suppliers.  Fourth, the
Debtor and the Committee, together with their respective
representatives, counsel, and
financial advisors, have engaged in discussions regarding the
Debtor's proposed business plan and exit strategy.

Among the steps the Debtor has taken to date to position itself for
reorganization is the filing of a "first day" motion to retain
Gordon Brothers to conduct a first round of inventory
clearance/store closing sales at 31 identified stores.  After an
earlier interim order, on Jan. , 2018, the Court entered a final
order authorizing such relief.  Whereas the Debtor had authority to
conduct these sales at 31 stores, to date, the Debtor conducted
inventory clearance sales at only 17 of the stores subject to the
First Store Closing Motion.  With respect to those 17 stores, the
Debtor has generated gross revenues in the approximate aggregate
amount of slightly less than $3,000,000.

On Dec. 6, 2017, the Debtor filed a motion to authorize the
rejection of certain identified leases, subject to certain
qualifications.  The Committee opposed certain aspects of the
request.  Following negotiations, the Debtor and the Committee
entered the Rejection Procedures Stipulation, which addressed the
leases to be rejected and fixed a procedure for the future
rejection of leases subject to the Rejection Motion.  On Jan. 10,
2018, the Court entered the Rejection Procedures Order, which
approved the Rejection Procedures Stipulation.  To date, aside from
the leases identified in the Rejection Procedures Order, the Debtor
used the Rejection Procedures to reject another two leases.

The Debtor wants to conduct the Closing Sales in accordance with
the Sale Guidelines.  The guidelines are identical to those the
Court previously approved in connection with the First Store
Closing Motion, save for provisions in the prior guidelines that
related to or were associated with the Debtor retention and use of
Gordon Brothers to conduct and manage the sale process.

The salient terms of the Sales Guidelines are:

     a. The Sale will be conducted so that the stores in which
sales are to occur will remain open no longer than during the
normal hours of operation provided for in the respective leases for
the Stores.

     b. The Merchant may advertise the Sale as a "store closing,"
"sale on everything," "everything must go," or similar themed
sale.

     c. The Merchant will not make any alterations to interior or
exterior Store lighting.  No property of the landlord of a Store
will be removed or sold during the Sale.

     d. The Merchant will keep Store premises and surrounding areas
clear and orderly consistent with present practices.

     e. The Merchant will have the right to sell all furniture,
fixtures, and equipment located at the Stores ("FF&E").  The
Merchant may advertise the sale of the FF&E in a manner consistent
with these guidelines at the Stores.  The purchasers of any FF&E
sold during
the sale will be permitted to remove the FF&E either through the
back shipping areas at any time, or through other areas after Store
business hours.

     f. The Merchant may include additional inventory or goods in
the Sale, in each case in accordance with the terms of the Order
and these Sale Guidelines.

     g. At the conclusion of the Sale at each Store, pending
assumption or rejection of applicable leases, the landlords of the
Stores will have reasonable access to the Stores' premises as set
forth in the applicable leases.  The Merchant and its consultants
and representatives will continue to have exclusive and unfettered
access to the Stores.

     h. Post-petition rents will be paid by the Merchant as
required by the Bankruptcy Code until the rejection or assumption
and assignment of each lease.

     i. The rights of landlords against the Merchant for any
damages to a Store will be reserved in accordance with the
provisions of the applicable lease.

     j. If and to the extent that the landlord of any Store
affected hereby contends that Merchant is in breach of or default
under these Sale Guidelines, such landlord will email or deliver
written notice by overnight delivery on the Merchant's counsel as
follows:
David S. Kupetz, SulmeyerKupetz, A Professional Corp., 333 S. Hope
St., 35th Floor, Los Angeles, CA 90071.

A copy of the list of Closing Stores and the Sales Guidelines
attached to the Motion is available for free at:

           http://bankrupt.com/misc/Shiekh_Shoes_403_Sales.pdf

The Debtor currently maintains inventory at the Closing Stores in
the aggregate estimated amount of approximately $8,000,000.
Without intending to impose any particular time limitation, the
Debtor anticipates conducting the Closing Sales over a period
ranging from 30 to 90 days. Based on the Debtor's evaluation of the
Closing Sales at the Closing Stores, the Debtor projects generating
gross revenues in the estimated aggregate amount of approximately
$8,000,000.  By closing the Closing Stores and rejecting the
underlying leases, the Estate will shed expenses in the estimated
aggregate monthly amount of approximately $800,000.

The Debtor wants to manage and conduct the Closing Sales with its
in-house staff and store managers, and without any third party
liquidator.  It is capable of conducting the Closing Sales on its
own without outside assistance.  As an initial matter, although
Gordon Brothers used some of its own personnel, it also used the
Debtor's staff and store managers to manage and conduct the sales.


As discussed in the De La Riva Declaration, De La Riva was the
Debtor's in-house point of contact for Gordon Brothers for the 31
stores subject of the First Store Closing Motion.  Allowing the
Debtor to implement and run the Closing Sales internally and
without a third party liquidator will result in substantial costs
savings to the Estate in the aggregate estimated amount of
approximately $400,000 (and without hurting projected sales).  Such
costs savings will come by: (a) eliminating charges Gordon Brothers
passed on to the Debtor for lodging, mileage car rentals, and
meals; (b) eliminating the compensation due Gordon Brothers for the
store closing sale services; and (c) reducing the number of signage
ordered for the prior store closing sales (which the Debtor
believes may have been more than necessary).

The Debtor believes it is entitled to sell the assets free and
clear of any of their liens.  It believes all of these parties
consent to the Closing Sales, with their respective liens to attach
to the proceeds with the same validity and priority.

Accordingly, the Debtor asks the Court to authorize the Closing
Sales in accordance with the Sale Guidelines, and any side letter
agreement entered into between the Debtor and a landlord of an
affected Closing Store.  It also asks that the Court waives and
eliminates any requirement of having to obtain various state
licenses or comply with specific wage requirements observe state
and local waiting periods or time limits, and/or satisfy any
additional requirements in connection therewith with respect to
advertising and conducting the sale as a store closing or similar
type sale.

To maximize the value of the Debtor's assets and to minimize
unnecessary costs to the estate, the Debtor asks authority to
designate any property located at the Closing Stores as "Remaining
Property" and to abandon such Remaining Property located at any of
the Closing Stores once the applicable Closing Sale has terminated
without incurring liability to any person or entity.  Before
designating any assets as Remaining Property or abandoning any
Remaining Property at any Closing Store, the Debtor will have
determined in the exercise of its sound business judgment that such
Remaining Property to be abandoned by the Debtor is either (a)
burdensome to the Estate because removal and storage costs for the
Remaining Property are likely to exceed any net proceeds therefrom
or (b) of inconsequential value or benefit to the Estate.

The majority of the leases for the Closing Stores already are
authorized for rejection pursuant to the Rejection Procedures.
Only 11 of the Closing Stores related to leases that were not the
subject of the Rejection Motion and are not subject to the
Rejection Procedures.  The Debtor asks the Court to authorize the
rejection of those leases pursuant to those same rejection
procedures.

The relief sought is necessary for the Debtor to, among other
things, realize maximum return from the Closing Sales and
liquidations to provide essential operating liquidity to the
Debtor, minimize operating and administrative expenses, and
preserve maximum value for the Estate and creditors.  There is no
reason to delay the effectiveness of any such order entered by the
Court.  Accordingly, the Debtor asks the Court to waive the 14-day
stay pursuant to Fed. R. Bankr. P. 6004(h).

                      About Shiekh Shoes

Based in Ontario, California, Shiekh Shoes, LLC --
http://www.shiekhshoes.com/-- is a shoe retailer company with 79  
locations in California, five in Nevada, 11 in Arizona, 11 in
Texas, two in New Mexico, one in Oregon, six in Illinois, eight in
Michigan, and five in Washington.  Shiekh Shoes features brands
like Shiekh, Adidas, Puma, Timberland, Converse, among others.  It
offers dress, casual, athletic, infant, toddler, youth, basketball,
running, training, and skate shoes; slippers, sandals, wedges,
pumps, boots, high heels, and sneakers; and apparel.  The company
was founded in 1991.

Shiekh Shoes sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Cal. Case No. 17-24626) on Nov. 29, 2017.  In the
petition signed by CEO Shiekh E. Ellahi, the Debtor estimated
assets and liabilities of $50 million to $100 million.  

Judge Vincent P. Zurzolo presides over the case.  

The Debtor tapped SulmeyerKupetz, APC as its legal counsel; DJM
Realty Services, LLC as real estate lease consultant; and KGI
Advisors, Inc. as its financial advisor.

On Dec. 11, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee is
represented by Cooley LLP.


SOUTHWORTH CO: Proposes March 31 Auction of Turners Falls Assets
----------------------------------------------------------------
Southworth Co. filed with the U.S. Bankruptcy Court for the
District of Massachusetts a notice of its proposed public sale of
its right, title and interest in all its real estate and personal
property located at 36 Canal Street, Turners Falls, Massachusetts.

A hearing on the Motion is set for Feb. 15, 2018 at 11:00 a.m.

The sale will be conducted by Aaron Posnik & Co., Inc. at 36 Canal
Street, Turners Falls Massachusetts on March 31, 2018.  The website
address of the Auctioneer is http://www.posnik.com/

The proposed sale procedures are more particularly described in the
Debtor's Motion for Order Authorizing and Approving Public Sale of
Property of the Estate Free and Clear of Liens and Encumbrances, a
copy of which is available at no charge upon request from the
undersigned or on the website of the Court:
http://www.mab.uscourts.gov/

The Turners Falls Assets will be sold free and clear of all liens,
claims and encumbrances.  Any perfected, enforceable valid liens
will attach to the proceeds of the sale.

                     About Southworth Company

Southworth Company is a privately owned Massachusetts Corporation
organized in 1839 and headquartered in Agawam, Massachusetts.
Southworth has been engaged in the manufacture of specialty papers
for baking and health care applications, envelopes and office
paper, as well as greeting cards and gifts.

In 2006, Southworth acquired the Esleeck Paper Company in Turners
Falls where it operates as Turners Falls Paper Company.  The
Madison Park Group, a greeting card and gift company based in
Seattle, Washington, was acquired in 2012 and operates as a
division of Southworth.

Southworth Company filed a Chapter 11 petition (Bankr. D. Mass.
Case No. 17-30817) on Sept. 27, 2017.  In the petition signed by
John S. Leness, its president, the Debtor estimated $1 million to
$10 million in assets and $10 million to $50 million in
liabilities.

Judge Elizabeth D. Katz presides over the case.

Joseph B. Collins, Esq., at Hendel & Collins P.C., in Springfield,
Massachusetts, serves as counsel to the Debtor.  The Debtor hired
Doherty, Wallace, Pillsbury & Murphy P.C. as its special counsel.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors.  The Committee retained Shatz, Schwartz and
Fentin, P.C., as its bankruptcy counsel.


STOLLINGS TRUCKING: $21K Sale of Five Vehicles to Brewer Approved
-----------------------------------------------------------------
Judge Frank W. Volk of the U.S. Bankruptcy Court for the Southern
District of West Virginia authorized Stollings Trucking Co., Inc.'s
sale of (i) 2012 F250 Truck, SN 28097 for $3,500; (ii) 2009 GMC, SN
0691, for $2,000; (iii) 2011 GMC 1500 Series, SN 128527, for
$7,000; (iv) 2005 F650 Truck, SN 149868, for $7,000; ad (v) 2002
Envoy, SN 251834, for $1,000 to Charles Brewer.  The proceeds from
said sale free and clear of liens provide that the liens of the
taxing authorities attaches to the proceeds.

                    About Stollings Trucking

Stollings Trucking Company, Inc., began its operations in 1990.
Throughout the years, it both hauled coal and mined coal for its
own profit.  As it grew, it acquired more equipment and rolling
stock.  Stollings also obtained mining permits on property in Logan
County, West Virginia, and was a party to coal leases.

Stollings Trucking sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. W.Va. Case No. 15-20624) on Dec. 7,
2015.  In the petition signed by Rhonda Marcum, president, the
Debtor estimated assets and liabilities of $1 million to $10
million.

Judge Frank W. Volk presides over the case.

Joseph W. Caaldwell, Esq., at Caldwell & Riffee, in Charleston, WV,
is serving as counsel to the Debtor.


SYNIVERSE HOLDINGS: Moody's Affirms B3 CFR & B2 New Debt Rating
---------------------------------------------------------------
Moody's Investors Service has affirmed Syniverse Holdings, Inc.'s
B3 corporate family rating (CFR) and B2 (LGD3) rating on a proposed
first lien debt package comprised of an upsized $1.702 billion new
five-year term loan B and an up-to-$120 million five-year revolving
credit facility. Proceeds from this revised financing will be used
to repay the company's outstanding bank loans, and the additional
$150 million of proceeds under the upsized term loan, in
conjunction with proceeds from a proposed new $220 million six-year
second lien term loan, will be used to fully repay the $370 million
of notes due 2022 issued by Syniverse Foreign Holdings Corporation.
In connection with this revised refinancing transaction, Moody's
has assigned a Caa2 (LGD6) to the company's proposed second lien
secured instrument.

These ratings reflect Syniverse's continuing and steady improvement
in operating fundamentals as demonstrated by revenue growth
inflection in third quarter 2017 and continuing into the recent
fourth quarter, compared with the same periods the previous year.
EBITDA growth, which began in first quarter 2017 after many
quarters of declines, has been sustained through all quarters of
2017 compared with the same periods in 2016, and provides further
evidence of Syniverse's operational turnaround.

Additionally, Moody's affirms the Caa2 (LGD6) rating on Syniverse's
remaining $42 million of unsecured notes due 2019. Moody's will
withdraw the company's B3 (LGD3) rating previously assigned to its
existing first lien term loans and revolver upon repayment, as well
as the Caa2 (LGD6) rating on the $370 million of notes due 2022
issued by Syniverse Foreign Holdings Corporation. The ratings are
contingent upon Moody's review of final documentation and no
material change in the terms and conditions of the debt as
presented to Moody's. Syniverse's outlook remains stable.

A successful refinancing and maturity extension of Syniverse's
first lien term loans, issuance of a new second lien term loan, and
repayment of outstanding unsecured notes at Syniverse Foreign
Holdings Corporation reduces the company's near-term default risk
and improves its overall credit and debt maturity profile. The
planned transaction is aided by the company's improving fundamental
operating performance, including solid revenue growth in the second
half of 2017 which is expected to continue into 2018. Syniverse's
revenue mix is beginning to increasingly shift to new growth
products as legacy businesses decline at more stable rates. Margin
contributions from these new businesses are expected to expand over
time. Growth in the company's LTE portfolio as well as the
Enterprise & Intelligence Services (EIS) segment are now outpacing
the revenue and volume pressures from legacy CDMA and GSM clearing
and settling segments. Increased adoption of the company's
application-to-person and mobile engagement products are driving
growth rates in EIS businesses to over 20% currently. However, the
ability of these higher growing segments to continue expanding
revenue and further increasing margins is uncertain, and any
weakness or reversal of current positive operating trends could
quickly arrest Syniverse's deleveraging trajectory. Such a
negatively trending credit path in the next few quarters, absent
the success of this currently planned refinancing, could create a
much more difficult, if not insurmountable, refinancing hurdle in
April 2019 based on the existing and burdensome maturity wall of
about $1.55 billion of senior secured debt. Failure to address the
April 2019 maturities by the end of the first half of 2018 would
have negative rating implications.

Assignments:

Issuer: Syniverse Holdings, Inc.

-- Senior Secured Second Lien Term Loan, Assigned Caa2 (LGD6)

Outlook Actions:

Issuer: Syniverse Foreign Holdings Corporation

-- Outlook, Remains Stable

Issuer: Syniverse Holdings, Inc.

-- Outlook, Remains Stable

Affirmations:

Issuer: Syniverse Holdings, Inc.

-- Probability of Default Rating, Affirmed B3-PD

-- Corporate Family Rating, Affirmed B3

-- Senior Secured Bank Credit Facility, Affirmed B2 (LGD3)

-- Senior Unsecured Regular Bond/Debenture, Affirmed Caa2 (LGD6)

RATINGS RATIONALE

Syniverse's B3 CFR reflects its very high leverage, execution risk
in growth segments as transitioning technology standards stress its
core business model, and low free cash flow generation relative to
a sizable debt load. Moody's also believes the company faces a
concentrated customer base, which limits pricing leverage at
contract renewals, and rising competitive threats. Balancing these
risk factors are the scale of Syniverse's established business
serving a large and growing addressable market of mobile network
operators and enterprises globally, and the company's consistent
free cash flow generation which provides good liquidity.
Syniverse's secure interworking packet exchange network, which
directly connects to about half of the global mobile population, is
key to growth in new products and services. The competitive
benefits of this network have helped drive 2017 revenue and EBITDA
growth compared with the same periods the previous year, following
many difficult quarters of declines.

The company's stable outlook reflects the expectation that the
erosion of Syniverse's top line has stalled and that the current
revenue growth trajectory will continue. Moody's expects Syniverse
will continue to grow EBITDA and free cash flow, resulting in
consistent deleveraging. Moody's believes Syniverse's leverage
should trend towards 6x (Moody's adjusted) by year end 2019.
Leverage as of December 31, 2017 was around 7.4x.

Moody's expects Syniverse to have good liquidity over the next 12
months. At December 31, 2017, the company had approximately $128
million in cash or equivalents and free cash flow generation is
expected to increase steadily to approximately $120 million by
2019. The company has an existing undrawn revolver of $86 million
that matures on January 15, 2019 which is expected to be extended
and potentially increased to a maximum of $120 million under the
proposed refinancing transaction. The credit facilities will have a
springing maximum first lien leverage covenant which Moody's
believe will be set with ample cushion. Syniverse has limited
sources of alternative liquidity as the company's assets will be
encumbered by the credit facilities.

The ratings on the debt instruments reflect both the overall
probability of default of Syniverse, to which Moody's assign a PDR
of B3-PD and individual loss given default (LGD) assessments. The
first lien credit facilities are rated B2 (LGD3). The credit
facility is rated one notch higher than the CFR given the support
from the new second lien term loan and remaining existing unsecured
debt, which are both rated Caa2 (LGD6).

Moody's could consider a ratings upgrade if the company is able to
reduce leverage below 5x (Moody's adjusted) or generate free cash
flow to debt in excess of 10% on a sustained basis. The ratings
could be downgraded if liquidity deteriorates, or if leverage is
not on track to fall towards 6x by the end of 2019.

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

Headquartered in Tampa, Florida, Syniverse Holdings, Inc. is a
leading provider of interoperability and network services for
wireless telecommunication carriers. The company had revenue of
$794 million for the year ended December 31, 2017.


SYNIVERSE HOLDINGS: S&P Gives CCC+ Rating on $220MM 2nd Lien Loan
-----------------------------------------------------------------
S&P Global Ratings assigned its 'CCC+' issue-level and '6' recovery
ratings to Syniverse Holdings Inc.'s new $220 million second-lien
term loan due 2024. The '6' recovery rating indicates S&P's
expectation of negligible (0%-10%; rounded estimate: 0%) recovery
of principal and interest in the event of payment default.

The second-lien term loan is part of the company's new financing
package announced on Jan. 29, 2018, which is being modified as a
result of strong investor interest. The debt will now consist of a
$1.702 billion first-lien term loan B due in 2024 (increased from
$1.552 billion), a new $220 million second-lien term loan due in
2024, and a $120 million senior secured revolving credit facility
due in 2023. Net proceeds from the incremental first-lien term loan
and new second-lien term loan will be used to repay $370 million of
senior unsecured notes issued by Syniverse Holdings Inc.'s wholly
owned subsidiary Syniverse Foreign Holdings Corp.

S&P said, "Our 'B' corporate credit rating and secured debt rating
are unchanged, as is the stable outlook. We do not expect the
transaction to affect the company's credit measures, including
adjusted debt to EBITDA, which we expect will decline to the mid-6x
area over the next 12 months."

  RATINGS LIST

  Syniverse Holdings Inc.
   Corporate Credit Rating                   B/Stable/--


  New Rating
  Syniverse Holdings Inc.
  Senior Secured
   $220 mil second-lien term loan due 2024   CCC+
    Recovery Rating                          6(0%)


TADD WHOLESALE: Proposes Auction Sale of Lebanon Inventory
----------------------------------------------------------
TADD Wholesale Supply, LLC, asks the U.S. Bankruptcy Court for the
Middle District of Tennessee to authorize the sale of its inventory
located at 1010 Maddox Simpson Parkway, Lebanon, Tennessee at
auction, free and clear of liens.

The Debtor asks the Court to set the hearing on the Motion for Feb.
20, 2018, at 9:00 a.m.

The inventory consists of unsorted and unprocessed inventory
purchased from Amazon Fulfillment Services, Inc. pursuant to the
liquidation agreement that Debtor had in place with Amazon prior to
filing for bankruptcy relief.  The Debtor has spreadsheets composed
of shipping manifests contained in Excel format that more
particularly describe the inventory.  Those spreadsheets are
available upon request.

The auction will be held on Feb. 28, 2018, at a time to be
determined.  The inventory will be sold to the highest bidder and
payment will be accepted in the form of cash, check, credit card or
any other payment the Chief Restructuring Officer deems
acceptable.

The Debtor is the owner of the inventory.  Prior to filing for
bankruptcy relief the Debtor purchased liquidation inventory from
Amazon and then resold the items online.  It was unable to keep up
with the continued supply of inventory, which began to pile up
without processing and led to the filing of the instant case.

After appointment of a Chief Restructuring Officer, it has become
apparent that the business model of the Debtor was not generating
enough income to pay creditors and a decision has been made to
liquidate all inventory.  A short term need arises to be able to
have operating capital available to pay administrative expenses,
and therefore the auction is being proposed on an expedited basis
to keep the doors of the business open which a more complete and
structured liquidation can take place.

Additionally, if the auction occurs as scheduled on Feb. 28, 2018,
then the premises will be emptied and evacuated and the Debtor can
avoid the March lease payment and reduce administrative expenses.

The Notice of the Application will be sent to Kim Swafford,
Assistant United States Trustee; Robert Scruggs, Attorney for
BankTennessee, the secured creditor; and all other parties of
record on Feb. 2, 2018.  The Notice of the Application will be sent
to the Debtor and all other creditors and parties-in-interest on
Feb. 5, 2018.

From the sale proceeds, the Debtors propose to pay the costs of the
auctioneer, the ongoing administrative costs incurred by the Debtor
and then to pay the secured creditors pursuant to lien priority.

The Buyer will be the highest bidder for the inventory which may or
may not be an insider as defined by Section 101(13) and Rule 2014
of the Bankruptcy Code.  The sale of the inventory will be made
free and clear of all liens.

                 About TADD Wholesale Supply

TADD Wholesale Supply LLC --
http://stores.ebay.com/Tadd-Wholesale-Supply-- offers a variety of
products on eBay by allowing its customers to determine the price
by using the auction format.  The company has completed more than
1
million individual eBay listings in its career.  TADD Wholesale
lists more than 500 auctions seven days a week, 365 days a year.
The company's gross revenue amounted to $12.76 million in 2016 and
$11.75 million in 2015.

TADD Wholesale Supply sought Chapter 11 protection (Bankr. M.D.
Tenn. Case No. 17-07799) on Nov. 15, 2017.  In the petition signed
by Amber DeShon, its chief manager, the Debtor disclosed $2.77
million in total assets and $2.67 million in total liabilities.  

The case is assigned to Judge Marian F Harrison.  

Steven L. Lefkovitz, Esq., at Lefkovitz & Lefkovitz, is the
Debtor's counsel.  Gary M. Murphey of Resurgence Financial
Services, LLC, is the chief restructuring officer.


TAKATA CORP: Tort Claimant Committee Objects to Plan Disclosures
----------------------------------------------------------------
Roger Frankel, as the legal representative for individuals who
sustain personal injuries after June 25, 2017, arising from or
related to PSAN inflators or their component parts manufactured by
TK Holdings, Inc., et al., and Shonda McCall, individually, and as
parent and natural guardian to J.G.P., joined in the objection
raised by the Official Committee of Unsecured Tort Claimant
Creditors and the Official Committee of Unsecured Creditors to the
approval of the Disclosure Statement explaining the Debtors' Plan
and the confirmation of the Plan.

The Future Claimants' Represented pointed out that the lack of
specific disclosure as to the amount the Debtors currently
anticipate contributing to the proposed PSAN PI/WD Trust is
troubling for the holders of PSAN PI/WD Claims.  Also troubling is
the lack of information regarding the sources of funding for other
unsecured claims and their actual recovery, and the lack of
specificity regarding the justification for the proposed payments
to certain favored creditors (among others, NHTSA) before any
payments are made to other creditors holding claims of equal or
senior priority, the FCR said.

Ms. McCall asserts that there is no basis for the channeling
injunction under section 524(g) of the Bankruptcy Code, pointing
out that the scope of the channeling injunction runs afoul of
Bankruptcy Code section 524(g), which identifies the type of debtor
liability which may be channeled and the type of permitted claims
against non-debtor third parties which may be included in a
proposed channeling injunction.  The Debtors' liability for PSAN
PI/WD Claims sought to be channeled is not premised upon filed
civil actions "in personal injury, wrongful death, or
property-damage actions seeking recovery for damages allegedly
caused by the presence of, or exposure to, asbestos or
asbestos-containing products," a prerequisite for establishing a
channeling injunction under Code section 524, Ms. McCall said in
court papers.

The FCR is represented by:

     Karen B. Skomorucha Owenss, Esq.
     William P. Bowden, Esq.
     Katharina Earle, Esq.
     500 Delaware Avenue, 8th Floor
     P.O. Box 1150
     Wilmington, DE 19899-1150
     Tel: (302) 654-1888
     Fax: (302) 654-2067
     E-mail: wbowden@ashbygeddes.com
             kowens@ashbygeddes.com
             kearle@ashbygeddes.com

        -- and --

     Richard H. Wyron, Esq.
     FRANKEL WYRON LLP
     2101 L St., NW, Suite 800
     Washington, DC 20037
     Tel: (202) 903-0700
     Fax: (202) 627-3002
     E-mail: rwyron@frankelwyron.com

Ms. McCall is represented by:

     Daniel K. Astin, Esq.
     John D. McLaughlin, Jr., Esq.
     Joseph J. McMahon, Jr., Esq.
     Ciardi Ciardi & Astin
     1201 N. King Street
     Wilmington, DE 19801
     Telephone: (302) 658-1100
     Facsimile: (302) 658-1300
     E-mail: jmcmahon@ciardilaw.com

        -- and --

     Thomas P. Willingham, Esq.
     POPE McGLAMRY P.C.
     3391 Peachtree Road, NE, Suite 300
     Atlanta, GA 30326
     Tel: (404) 523-7706
     Fax: (404) 534-1648
     E-mail: tomwillingham@pmkm.com

                         About TK Holdings

Japan-based Takata Corporation (TYO:7312) --
http://www.takata.com/en/-- develops, manufactures and sells
safety products for automobiles. The Company offers seatbelts,
airbags, steering wheels, child seats and trim parts. Headquartered
in Tokyo, Japan, Takata operates 56 plants in 20 countries with
approximately 46,000 global employees worldwide. The Company has
subsidiaries located in Japan, the United States, Brazil, Germany,
Thailand, Philippines, Romania, Singapore, Korea, China and other
countries.

Takata Corp. filed for bankruptcy protection in Tokyo and the U.S.,
amid recall costs and lawsuits over its defective airbags. Takata
and its Japanese subsidiaries commenced proceedings under the Civil
Rehabilitation Act in Japan in the Tokyo District Court on June 25,
2017.

Takata's main U.S. subsidiary TK Holdings Inc. and 11 of its U.S.
and Mexican affiliates each filed voluntary petitions under Chapter
11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No.
17-11375) on June 25, 2017.  Together with the bankruptcy filings,
Takata announced it has reached a deal to sell all its global
assets and operations to Key Safety Systems (KSS) for US$1.588
billion.

Nagashima Ohno & Tsunematsu is Takata's counsel in the Japanese
proceedings. Weil, Gotshal & Manges LLP and Richards, Layton &
Finger, P.A., are serving as counsel in the U.S. cases.
PricewaterhouseCoopers is serving as financial advisor, and Lazard
is serving as investment banker to Takata.  Ernst & Young LLP is
tax advisor.  Prime Clerk is the claims and noticing agent. The
Debtors Meunier Carlin & Curfman LLC, as special intellectual
property counsel.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal
counsel, KPMG is serving as financial advisor, Jefferies LLC is
acting as lead financial advisor. UBS Investment Bank also provides
financial advice to KSS.

On June 28, 2017, TK Holdings, as the foreign representative of the
Chapter 11 Debtors, obtained an order of the Ontario Superior Court
of Justice (Commercial List) granting, among other things, a stay
of proceedings against the Chapter 11 Debtors pursuant to Part IV
of the Companies' Creditors Arrangement Act. The Canadian Court
appointed FTI Consulting Canada Inc. as information officer. TK
Holdings, as the foreign representative, is represented by McCarthy
Tetrault LLP.

The U.S. Trustee has appointed an Official Committee of Unsecured
Trade Creditors and a separate Official Committee of Tort
Claimants.

The Official Committee of Unsecured Creditors has selected
Christopher M. Samis, Esq., L. Katherine Good, Esq., and Kevin F.
Shaw, Esq., at Whiteford, Taylor & Preston LLC, in Wilmington,
Delaware; Dennis F. Dunne, Esq., Abhilash M. Raval, Esq., and Tyson
Lomazow, Esq., at Milbank Tweed Hadley & McCloy LLP, in New York;
and Andrew M. Leblanc, Esq., at Milbank, Tweed, Hadley & McCloy
LLP, in Washington, D.C., as its bankruptcy counsel.  The Committee
has also tapped Chuo Sogo Law Office PC as Japan counsel.

The Official Committee of Tort Claimants selected Pachulski Stang
Ziehl & Jones LLP as counsel.  Gilbert LLP will evaluate of the
insurance policies.  Sakura Kyodo Law Offices will serve as special
counsel.

Roger Frankel, the legal representative for future personal injury
claimants of TK Holdings Inc., et al., tapped Frankel Wyron LLP and
Ashby & Geddes PA to serve as co-counsel.

Takata Corporation ("TKJP") and affiliates Takata Kyushu
Corporation and Takata Services Corporation commenced Chapter 15
cases (Bankr. D. Del. Case Nos. 17-11713 to 17-11715) on Aug. 9,
2017, to seek U.S. recognition of the civil rehabilitation
proceedings in Japan. The Hon. Brendan Linehan Shannon oversees the
Chapter 15 cases. Young, Conaway, Stargatt & Taylor, LLP, serves as
Takata's counsel in the Chapter 15 cases.


TEVA PHARMACEUTICALS: Egan-Jones Lowers Sr. Unsecured Ratings to BB
-------------------------------------------------------------------
Egan-Jones Ratings Company, on January 15, 2018, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Teva Pharmaceutical Industries Limited to BB from
BBB-.

Based in Petach Tikva, Israel, Teva Pharmaceutical Industries
Limited develops, manufactures, markets, and distributes generic
medicines and a portfolio of specialty medicines worldwide.



THINK TRADING: Proposes Auction of SSS's Remaining Inventory
------------------------------------------------------------
Think Trading, Inc., and affiliates Funkytownmall.com ("FTM") and
Salon Supply Store, LLC ("SSS") ask the U.S. Bankruptcy Court for
the Southern District of Florida to authorize bidding procedures in
connection with the sale of all of SSS' remaining inventory of
salon supplies through a public auction.

The Debtors ask the Court to set the hearing on the Motion for Feb.
21, 2018.

SSS and FTM each operate retail internet sales businesses.  SSS's
product line primarily consists of nail salon supplies, while FTM
sells tattoo supplies and body jewelry.  Think Trading owns and
manages both FTM and SSS, (as well as another non-debtor entity)
and pays substantially all operational costs/expenses on their
behalf (i.e., payroll, rent, utilities, insurance, etc.).  SSS
currently maintains all of its inventory at the Think Trading
warehouse.  That inventory ("Personal Property") has a combined
liquidation value of approximately $30,000 to 40,000.  

Despite its best efforts, SSS has been unable to sell sufficient
inventory necessary to cover its administrative expenses, even
after substantially reducing the cost to its consumers.  As such,
SSS reasonably believes it in the best interests of the estate, the
Secured Creditors, and all other interested parties to liquidate
such remaining inventory via public auction.  Accordingly, through
the Motion, SSS asks authority to sell of Personal Property through
a public auction to be conducted by Harry P. Stampler, Inc., doing
business as Stampler Auctions.

Contemporaneously with the filing of the instant Motion, SSS will
be filing an application for authorization to employ and retain the
Auctioneer.  The Auctioneer proposes to physically conduct the
auction at the Think Trading warehouse.  The assets will be sold
piece by piece, by lots, and/or in bulk, as may be deemed necessary
and most beneficial to the estate and its creditors.  The auction
will be mobile and conducted at the Debtor's facility, directly
adjacent to the assets being sold; thus allowing any prospective
buyers a final chance to view the merchandise and creates a more
heated bidding atmosphere.

The Auctioneer was selected because it routinely conducts
bankruptcy auction sales and is very familiar with the South
Florida region.  Additionally, the Auctioneer has agreed to waive
the customary commission and instead has agreed to be compensated
solely from a 10% buyer's premium, and any expenses up to $4,925.
Through the Motion, SSS also asks approval of these Estimated Costs
associated with the Sale.

The Application contemplates that the Auctioneer will market and
sell the Personal Property and conduct both a live and on-line
auction of all SSS' interest in the Personal Property on March 8,
2018 at  11:00 a.m. (ET).  Upon the entry of an order approving the
Motion, SSS and the Auctioneer will market the Personal Property
and ask competitive bids according to the Proposal and will conduct
the Auction at the Think Trading warehouse located at 350 Hiatt
Drive, Palm Beach Gardens, Florida.

The salient terms of the Sale are:

     a. Minimum Qualified Bid: Due to the nature of the Personal
Property, they will be offered as a bulk package or in lots/groups
by asset category (i.e., furniture supplies, retail products,
etc.), with variable bids per lot/group.

     b. Warranties: None.  All assets are sold "as is, where is."

     c. Proposed Closing Date: All transactions will be consummated
at the Auction.

     d. Closing Conditions: Entry of the Sale Order and full
payment of invoices before property/merchandise will be released
from the Premises.

The Auction terms are:

     a. Proposed Auction Date: March 8, 2018, with initial offers
to be solicited online starting on Feb. 22, 2018

     b. Proposed Bid Deadline: n/a

     c. Initial Overbid Amount: n/a

     d. Minimum Incremental Bid (after Initial Overbid Amount):
n/a

     e. Estimated Costs: $4,925

The requirements of competing bidders are:

     a. Deposit: No entrance deposit required to register to
participation in the Auction.  The buyers are required to maintain
a 25% deposit on all items purchased.

     b. Documentation Requirements: Acknowledgement and acceptable
of bid procedures in order to obtain a paddle.

     c. Other Qualifying Conditions: All invoices must be paid in
full within 24 hours or any deposits will be forfeited.  All
property must be paid for and picked up during the time frames
announced by the Auctioneer at the sale, or buyer loses all right,
title and interest in such property.

Additionally, to the extent that some of the Personal Property
obtains no bids and fails to sell at the Auction, SSS asks
authority to abandon and/or dispose of any remaining Personal
Property in its best business judgment, including permitting
employees to take home any such unsold Personal Property, and/or
donation of same to local charities.

The Secured Creditors are:

     a. JP Morgan Chase Bank, NA, which holds a lien perfected by a
UCC-1 recorded on Feb. 7, 2014, with a remaining balance of
$89,193; and

     b. Celtic Bank, doing business as Kabbage, which holds a lien
perfected by a UCC-1 recorded on Aug. 15, 2017, with a remaining
balance of $72,500.

Upon information and belief, the Personal Property is subject only
to the lien of the Secured Creditors.  It is anticipated that the
proceeds from the proposed auction will net less than the total
amount owed to Chase and that Kabbage's secured interest in the
Personal Property will be completely stripped.

At the time of the filing of the Motion, SSS has not yet secured
the agreement of either of the Secured Creditors to the relief
sought .  However, it is anticipated that such consent will be
obtained from Chase prior to the requested hearing date.

The Debtor is asking expedited relief in connection with the
proposed Sale, and is asking authority to begin conduct the Auction
on March 8, 2018, at 11:00 a.m.

A copy of the assets to be sold attached to the Motion is available
for free at:

    http://bankrupt.com/misc/Ronald_Michael_192_Sales.pdf

                     About Think Trading Inc.

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

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

Think Trading, Funkytownmall.com and Salon Supply Store sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Fla. Case Nos. 17-24767 to 17-24769) on Dec. 12, 2017.  The cases
are jointly administered under Case No. 17-24767.  Gustavo
Mitchell, president of Think Trading and FunkytownMall.com, signed
the petitions.

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

Judge Erik P. Kimball presides over the cases.

The Debtors hired Lubliner Kish PLLC as Chapter 11 counsel.

The Debtors hired Jeffrey Pasternack, and the firm of Pasternack
Associates LLC, to provide accounting and bookkeeping services to
their bankruptcy estates.


TRACY CLEMENT: Trustee Wants to Enter Into Lease With Meadow
------------------------------------------------------------
Phillip L. Kunkel, Chapter 11 Trustee for Tracy John Clement, asks
the U.S. Bankruptcy Court for the District of Minnesota to
authorize him to enter into lease agreement with Meadow View Farms
pursuant to which the Debtor will lease to Meadow View Farms Parcel
Nos. 09.023.0010, 09.023.031, and 09.026.0010 ("Nolts Property"),
Parcel No. 33.0134.000 ("Miller 75 Property") and Parcel No.
33.032.000 ("Miller 80 Property") for $225/acre.

A hearing on the Motion is set for Feb. 21, 2018 at 9:30 a.m.  The
objection deadline is Feb. 16, 2018.

Pursuant to the terms of the Memorandum of Understanding, the
Debtor negotiated a Joint Venture Agreement with Meadow View Farms
pursuant to which the Debtor leased to Meadow View Farms all of his
agricultural land for $225/acre, with rent payable to the estate.
Under the arrangement, Meadow View Farms and the Debtor shared in
the profits from the operations, if any, on a 60/40 basis.  The
Court approved the Joint Venture Agreement on March 20, 2017.

The 2018 season is rapidly approaching and the Trustee believes
that securing leases of the agricultural land is in the best
interest of the estate.  Meadow View Farms has expressed an
interest in renting the agricultural land on the same terms and
conditions described in the Joint Venture Agreement ("2018 Lease").


The parcels to be leased to Meadow View Farms are: the Nolts
Property, the Miller 75 Property and the Miller 80 Property, the
Nolts Property, the Miller 75 Property and the Miller 80 Property
total 240 tillable acres.  Pursuant to the agreement of the
parties, the 2018 Lease will require a rental of $225/acre payable
on April 1, 2018.

It is the Trustee's understanding that Conrad Clement will consent
to the 2018 Lease, provided that he receives a portion of the net
proceeds for the jointly owned land.  It is also his understanding
that the secured lender consents to the 2018 Lease.

After discussing the matter with the parties in interest and
Steffes Auction Group, the Trustee believes that it is in the best
interest of the estate to enter into the 2018 Lease.

                 About Tracy John Clement

Tracy John Clement sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Minn. Case No. 16-31189) on April 11,
2016.  The Debtor tapped James C. Brand, Esq., at Fredrikson &
Byron PA, as counsel.

On May 3, 2016, the Office of the United States Trustee appointed
an Official Committee of Unsecured Creditors.

On Sept. 19, 2017, Phillip L. Kunkel was appointed as the Chapter
11 Trustee for the Debtor.  The attorneys for the Trustee are:

         Abigail M. McGibbon, Esq.
         P. Jason Thibodeaux, Esq.
         Abigail M. McGibbon, Esq.
         GRAY, PLANT, MOOTY, MOOTY & BENNETT, P.A.
         500 IDS Center
         80 South Eighth Street
         Minneapolis, MN 55402
         Tel: 612-632-3484
         Fax: 612-632-4000
         E-mail: jason.thibodeaux@gpmlaw.com
                 abigail.mcgibbon@gpmlaw.com

The Trustee retained Steffes Group, Inc., as auctioneer.


TRACY JOHN CLEMENT: Trustee Selling Absolute's Membership Units
---------------------------------------------------------------
Phillip L. Kunkel, Chapter 11 Trustee for Tracy John Clement, asks
the U.S. Bankruptcy Court for the District of Minnesota to
authorize the sale procedures in connection with the sale of 23
membership capital units of Absolute Energy, L.L.C. at an online
auction to be conducted by Steffes Group, Inc.

A hearing on the Motion is set for Feb. 21, 2018 at 9:30 a.m.  The
objection deadline is Feb. 16, 2018.

Each of the Units constitutes a membership interest in Absolute and
entitles the holder thereof to the rights and obligations set forth
in the Operating Agreement and other organizational documents of
Absolute as in effect from time to time.  A transfer or assignment
of a Unit by the Unit Holder is subject to certain restrictions and
requirements as set forth in the Absolute Organizational Documents.
The Trustee intends that the proposed sale procedures comply with
all applicable Unit Transfer Requirements, except as Absolute may
otherwise agree.

The Debtor is the current Unit Holder of record of the Units, and
the Units are property of the bankruptcy estate.  The Trustee
anticipates receiving all distributions allocated to the Units for
fiscal year 2017 prior to the effective date of the sale(s) of any
of the Units and all such distributions will remain property of the
bankruptcy estate notwithstanding the subsequent sale(s) of any of
the Units.

The Trustee asks authority to sell the Units free and clear of all
liens, encumbrances, and other interests, but subject to all of the
terms and conditions of the Absolute Organizational Documents,
including the Unit Transfer Requirements.  He believes that the
Units are not subject to any valid, perfected or enforceable lien
as that term is defined in section 101(37) of the Bankruptcy Code,
other than an "adequate protection" lien granted in favor of CUSB
Bank pursuant to that certain Order Approving Stipulation Regarding
Adequate Protection.  The Trustee further believes that no person
or entity other than the bankruptcy estate holds or asserts any
right or interest, including any right of first refusal or option
to purchase, in or to any of the Units other than as may otherwise
be set forth in the Absolute Organizational Documents.

The salient terms of the Sale Procedures are:

     a. Sale Notice: On Feb. 23, 2018, the Trustee will provide the
Sale Notic, of the Sale Procedures upon all Notice Parties.

     b. The Trustee, in consultation with Steffes and Absolute,
will determine the Qualified Bidders and Steffes them not later
than March 13, 2018.  

     c. Existing Unit Holders: In order for any person or entity
that is an existing Unit Holder as of March 12, 2018 to be a
Qualified Bidder, it must file confirmation or register no later
than March 12, 2018.

     d. Not Existing Unit Holders: In order for any person or
entity that is not an existing Unit Holder as of March 12, 2018 to
be a Qualified Bidder, it must file confirmation or register no
later than March 12, 2018.

     e. Auction: The Auction will be an online auction only.  It
will be conducted by Steffes at its website at
https://steffesgroup.com/Home/Auctions.  The Auction will commence
on March 14, 2018, and will continue until March 23, 2018.  Only
Qualified Bidders will be eligible to participate in the Auction.

     f. Auction Process: Each bid submitted will include, in
addition to the amount of the purchase price for the Unit(s)
subject to the bid, (i) a transfer fee payable to the bankruptcy
estate in the amount of $300 per Unit subject to the bid; and (ii)
a buyer's premium payable to Steffes in the amount of 5 of the
purchase price for the Unit(s) subject to the bid.  Any Qualified
Bidder that is not an existing Unit Holder as of March 12, 2018
must bid on not less than four of the Units with each bid
submitted.  All bidding will be conducted at the Auction and no
bids may be tendered or accepted after the Auction has concluded.
At the conclusion of the Auction, the Trustee, in consultation with
Steffes, will identify the Successful Bid(s) submitted by one or
more of the Qualified Bidder(s).

     g. Sale Hearing: March 29, 2018 at 10:30 a.m.

     h. Objection Deadline: No later than 5:00 p.m. (CT) on the
date that is two business days prior to the date of the Sale
Hearing

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

         http://bankrupt.com/misc/Tracy_Clement_649_Sales.pdf

The Trustee asks the Court to waive the 14-day stay of the Order
approving the Motion otherwise required under Fed. R. Bankr. P.
6004(h) to make the Order effective immediately.

                 About Tracy John Clement

Tracy John Clement sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Minn. Case No. 16-31189) on April 11,
2016.  The Debtor tapped James C. Brand, Esq., at Fredrikson &
Byron PA, as counsel.

On May 3, 2016, the Office of the United States Trustee appointed
an Official Committee of Unsecured Creditors.

On Sept. 19, 2017, Phillip L. Kunkel was appointed as the Chapter
11 Trustee for the Debtor.  The attorneys for the Trustee are:

         Abigail M. McGibbon, Esq.
         P. Jason Thibodeaux, Esq.
         Abigail M. McGibbon, Esq.
         GRAY, PLANT, MOOTY, MOOTY & BENNETT, P.A.
         500 IDS Center
         80 South Eighth Street
         Minneapolis, MN 55402
         Tel: 612-632-3484
         Fax: 612-632-4000
         E-mail: jason.thibodeaux@gpmlaw.com
                 abigail.mcgibbon@gpmlaw.com

The Trustee retained Steffes Group, Inc. as auctioneer.


VICTORY CAPITAL: Moody's Hikes CFR to Ba3 After Completion of IPO
-----------------------------------------------------------------
Moody's Investors Service upgraded Victory Capital Holdings, Inc.'s
corporate family rating (CFR) to Ba3 from B1 following the
completion of the company's initial public offering ("IPO"), the
net proceeds of which are expected to be used to reduce balance
sheet debt by approximately 30%. Moody's also upgraded the ratings
of the company's secured debt to Ba3 from B1. This concludes the
review of Victory's ratings that was initiated on January 24, 2018
following the announcement of its IPO filing. The rating outlook is
stable.

RATINGS RATIONALE

Victory commenced trading as a public company at $13.00 per share
on February 8, 2018. Victory has indicated its intention to use the
net IPO proceeds of $140 million to redeem a portion of its term
loan due 2025. The upgrade of the CFR to Ba3 from B1 reflects a
significant reduction in debt, expectations that lower debt service
costs will result in stronger cash flow generation, and adoption of
more conservative financial policies as a publicly-traded company,
including establishing a long-term net leverage target of 2.0x-2.5x
(Debt/EBITDA). Moody's estimates a reduction in adjusted financial
leverage to low 3x from 3.8x on a pro forma basis for the twelve
months ended September 30, 2017. The upgrade is further supported
by the proposed refinancing of the company's term loan, which would
reduce its annual cash interest expense by an estimated $19
million.

The stable outlook reflects Victory's longer term priorities to
invest in growth supporting initiatives and acquisitions as well as
to reduce leverage. However, Moody's notes that the company's AUM
resilience weakened after it experienced net outflows in 2017,
despite overall positive investment performance at its investment
Franchises. Despite the successful integration of new Franchises,
the company remains small relative to Moody's rated universe of
asset managers and concentrated due to its focus on a few key asset
classes.

The rating agency said that the following factors could lead to an
upgrade: 1) leverage (debt/EBITDA as defined by Moody's) sustained
below 2.5x; 2) net client inflows exceed 3% per year; 3)
accelerated business development with new clients; 4) successful
launches of unique, prudent, alpha-generative investment products.

Alternatively, the following factors could lead to a downgrade: 1)
leverage moves above 3.5x for a sustained period; 2) Net client
redemptions exceed 5-7% of firm AUM per year; 3) departure of key
staff.

Victory is an integrated multi-boutique asset manager headquartered
in Cleveland, Ohio. At year-end 2017, the company had assets under
management of $62 billion and total revenues of approximately $400
million.

The following ratings were upgraded:

- Corporate Family Rating, upgraded to Ba3 from B1;

- Senior Secured Bank Credit Facility, upgraded to Ba3 from B1;

- Probability of Default Rating, upgraded to Ba3-PD from B1-PD

- Outlook, changed to stable from ratings under review


VINCE'S BLACK: $375K Sale of All Assets to GRJ Approved
-------------------------------------------------------
Judge Donald Cassling of the U.S. Bankruptcy Court for the Northern
District of Illinois authorized Vince's Black Tie, Inc.'s sale of
substantially all assets to GRJ Enterprises, LLC for $250,000 plus
and additional amount not to exceed $125,000 in the aggregate to
cure the monetary defaults with respect to the non-residential real
estate leases.

A hearing on the Motion was held on Feb. 8, 2018 at 9:30 a.m.  

Vincent Geneva, as President of the Debtor, is authorized to
execute the Transaction Documents on behalf of the Debtor.

The sale is free and clear of all Encumbrances, with all
Encumbrances to attach to the net proceeds of the transaction.

The Debtor is authorized and directed, at the Closing, to assume
each of the Assumed Contracts, designated by the Buyer, and to
which it is a party, and to assign all such Assumed Contracts to
the Buyer free and clear of all Encumbrances.  In the event that
the Buyer does not designate an Assumed Contract to be assumed and
assigned on the date of closing of the APA, the Assumed Contract
will be deemed rejected.  In the event that the Debtor assumes and
seeks to assign an Assumed Contract at the Closing of the APA, but
the other party to the Assumed Contract objects to the adequate
assurance of future performance provided by the Buyer, such party,
within seven business days from the entry of this Order, will file
an objection with the Court setting forth the basis of the party's
opposition to the assignment of the Assumed Contract to the Buyer.
If an objection is timely filed by such party, the particular
Assumed Contract will neither be assumed by the Debtor nor assigned
to the Buyer until a further hearing before the Court.  

The Buyer is directed, as of the Closing Date, to perform under the
Assumed Contracts the obligations first arising or accruing after
the Closing Date in accordance with their respective terms, except
to the extent the Buyer and the relevant counter-party agree to
vary such terms.

On the Closing Date, the Debtor or the Buyer will (i) pay out of
the Purchase Price all Cure Amounts due, if any, on the Assumed
Contracts that the Buyer will assume at the Closing, not exceeding
the sum of $125,000 in the aggregate for all Cure Amounts.  Other
than the Cure Amount relating to each Assumed Contract, there are
no other amounts due on any of the Assumed Contracts required to be
paid. Upon payment of the Cure Amounts, all defaults and other
obligations of the Debtor under the Assumed Contracts arising or
accruing prior to the Closing will be deemed cured by payment of
the Cure Amounts, and the Buyer will have no liability or
obligation under the Assumed Contracts arising or accruing prior to
the Closing Date.

The automatic stay provisions of section 362 of the Bankruptcy Code
are vacated and modified to the extent necessary to implement the
terms and conditions of the APA and the provisions of the Order.

The Debtor is authorized and directed to pay from the proceeds of
the sale (a) all costs incurred in connection with the sale
including, without limitation, the cost of curing any defaults
pursuant to section 365 of the Bankruptcy Code.

As provided by Fed. R. Bankr. P. 7062, the Order will be effective
and enforceable immediately upon entry.  The provisions of Fed. R.
Bankr. P. 6004(g) and 6006(d) staying the effectiveness of this
Order for l0 days are hereby waived, and the Order will be
effective, and the parties may consummate the transactions
contemplated by the APA, immediately upon entry.  Time is of the
essence in closing the transaction and parties to the APA will be
authorized to close the sale as soon as possible consistent with
the terms and conditions of the APA.

                     About Vince's Black Tie

Based in Downers Grove, Illinois, Vince's Black Tie, Inc., operates
an upscale tuxedo rental and sales establishment.  Operating for
over 10 years, Vince's claims to be a premier supplier of tuxedo
and suit rental and sales for men's apparel wear throughout the
Chicago metropolitan area.

Vince's Black Tie filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 17-36681) on Dec. 11, 2017.  In its petition, signed by
its president, Vincent P. Genova, the Debtor estimated assets of
below $50,000 and liabilities at $500,000 to $1 million.  The
Debtor tapped Laxmi Sarathy, Esq., as lead counsel, and David
Herzog, Esq., of Herzog & Schwartz, P.C. as her co-counsel.


WALTER INVESTMENT: Exits Ch.11 Under Name of Ditech Holding
-----------------------------------------------------------
Walter Investment Management Corp. on Feb. 9, 2018, disclosed that
it successfully completed its financial restructuring plan and
emerged from Chapter 11 under the name Ditech Holding Corporation.
Trading in Ditech Holding's new common stock is expected to
commence on February 12, 2018 under the symbol "DHCP".  Through its
financial restructuring, the Company eliminated approximately $800
million1 of outstanding corporate debt from its balance sheet and
enhanced its financial flexibility.  

The Company has chosen Ditech Holding Corporation as the new name
for its parent company, as it reflects the Company's focus on its
strong core business and its commitment to serving customers.  The
Company remains committed to enhancing the customer experience
through the growth of its origination and servicing businesses and
by focusing on new technology, innovation, and other areas that are
critical to the Company's success.  With an industry leading team,
the Company expects demand for its quality products, services and
single source convenience to grow as it builds on its legacy as a
customer-driven organization.

George M. Awad, a continuing member of Ditech Holding's Board of
Directors, said, "We are emerging from this process with a new name
and an even stronger focus and ability to serve our customers.
Ditech Holding is beginning its next chapter with increased
financial flexibility and continued momentum in our efforts to
transform our business.  We are excited about the prospects of our
core business and are confident that we are well positioned to
drive profitable growth and create value for our shareholders."

Mr. Awad added, "We would like to thank all of our employees for
their dedication throughout this process.  They have been and will
continue to be the ultimate driver of our success.  We also thank
our customers and other business partners for their support
throughout this process.  Looking ahead, we are committed as ever
to our mission of enabling the dream of homeownership for our
customers and caring for them throughout their homeownership
lifecycle."

Following the completion of the restructuring, Ditech Holding will
continue to serve customers through its operating subsidiaries,
Ditech Financial LLC and Reverse Mortgage Solutions, Inc.   

Advisors

Weil, Gotshal & Manges LLP is acting as legal counsel, Houlihan
Lokey is acting as investment banking debt restructuring advisor
and Alvarez & Marsal North America, LLC is acting as financial
advisor to the Company in connection with the financial
restructuring.  The consenting term lenders are represented by
Kirkland & Ellis LLP as counsel and FTI Consulting as financing
adviser and the consenting senior noteholders are represented by
Milbank Tweed as counsel and Moelis & Company as financial
adviser.

                 About Ditech Holding Corporation

Ditech Holding -- http://www.ditechholding.com/-- is an
independent servicer and originator of mortgage loans and servicer
of reverse mortgage loans. Based in Fort Washington, Pennsylvania,
the Company has approximately 4,100 employees and services a
diverse loan portfolio.  

                     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.


WHAA LLC: Joel's Automotive Buying Montclair Property for $844K
---------------------------------------------------------------
WHAA, LLC asks the U.S. Bankruptcy Court for the Central District
of California to authorize the sale of the commercial property
located at 5512-A Arrow Hwy, Montclair, California to Joel's
Automotive, Inc. or its assignee for $844,000, subject to overbid.

A hearing on the Motion is set for Feb. 27, 2018 at 2:00 p.m.
Objections, if any, must be filed at least 14 days prior to the
scheduled hearing date on the Motion.

The Debtor owns two commercial buildings located at 5494 Arrow
Highway, Montclair, California; and the Property.  BioData Medical
Laboratories, Inc., an affiliated Debtor, was the tenant that
occupied the commercial buildings owned by WHAA.  Henry Wallach and
Akemi Uomoto are 50% shareholders of both WHAA and BioData.

WHAA owes secured creditor OSM Investment Co. approximately
$680,000 and TMC Financing (SBA) approximately $487,000 for both
Properties.  It also owes the San Bernardino Tax Collector
approximately $140,000 for both properties.  OSM and TMC also have
personal guarantees of the Debtor's primary shareholders Henry
Wallach and Akemi Uomoto.  TMC has commenced a state court action
against the guarantors which is pending at this time.

This case is affiliated with Debtor BioData filed on Nov. 28, 2016.
BioData was the tenant that occupied the commercial buildings
owned by WHAA.  BioData filed a chapter 11 case but it was
converted to chapter 7.  The BioData laboratory was being operated
by the trustee, Todd Frealy.

The BioData lab was sold by the Chapter 7 Trustee to Healthquest
Clinical Laboratory, Inc.  Concurrent with the sale, the Debtor
entered into a three month lease of the 5494 Arrow Highway building
at $13,000 per month.  The Property being sold is designed for
automotive repair use.  It is vacant except for BioData records
which are now owned by Healthquest.

Through the Motion, the Debtor proposes to sell the Property.  The
Property was initially listed for sale at $956,080.  After several
counteroffers and negotiations between the parties and other
interested persons, the Debtor accepted the offer of the Buyer to
purchase the Property for $844,000, free and clear of all liens,
claims, and interests.  The parties entered into Purchase and Sale
Agreement.  The Buyer's agent is Lorinda Johnson of Re3/Max
Resources .

The principal terms of the APA are:

     a. Purchase price is $844,000;

     b. The Property will be sold "as is, where is," with no
warranties or representations of any kind whatsoever;
     
     c. The Buyer will pay $84,400 as a cash down payment;

     d. The Buyer will pay the remainder of the purchase price by
obtaining a new loan.  The offer is contingent on the Buyer
obtaining a new loan.  The Buyer has until Feb. 28, 2018 to obtain
the new loan.

     e. The Buyer has made a deposit into escrow of $20,000.  The
Buyer will make an additional $20,000 upon removal of all
contingencies.  At that point, the deposits become non-refundable.

     f. The escrow is to close on March 15, 2018.

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

      http://bankrupt.com/misc/WHAA_LLC_107_Sales.pdf

The Debtor listed both properties for sale with Brian Melkesian of
Lee & Associates in Ontario in the beginning of July 2017.  The
listing agreement provided that Broker will be compensated 6% of
the purchase price or will share in the commission with a
prospective buyer's agent/broker (3% each).  The Property has been
listed on the Multiple Listing Service as well as advertised
locally and nationally.  It has been listed on the commercial real
estate websites: Costar, Loopnet, and AIR.

On July 6, 2017, the Debtor filed its Motion for Order Employing
Professional as Real Estate Broker, which the Court approved on
July 27, 2017.  The original listing price with Mr. Melkesian for
the two buildings was $1,129,440 for the 5494 property and $956,080
for the Property or a total of $2,085,000.  Recently, the Debtor's
managing member Henry Wallach authorized the Broker to reduce the
asking prices by a total of $160,000 to a total of $1,925,000 or
$165 per square foot.

Based on the forgoing, the Debtor and Broker believe that the
Buyer's offer is the best offer that will be received for the
purchase of the Property, and the Debtor has therefore chosen to
accept it.

The proposed sale will produce funds to pay the following:

     a. 1st Lienholder – OSM Loan Acquisitions IX Limited
Partnership: $260,000

     b. 2nd lienholder – TMC Financing - SBA: $174,000

     c. Property taxes: $54,000

     d. Agent commissions (6%): $50,000

     e. Other estimated closing costs (including but not limited to
escrow and title charges, government recording and transfer
charges)[2%]: $ 17,000

     f. U.S. Trustee fees: $ 4,875

The remaining proceeds of the sale is $284,125.  The liens will be
paid in full out of escrow.  The two secured lienholders have liens
on the Debtor's other parcel of real property, 5494 Arrow Hwy.  The
Debtor is a "pass through" entity for tax purposes and thus there
will be no tax consequences to the Debtor upon completion of the
sale.

The Debtor proposes these overbidding procedures:

     a. The initial overbid must be at least $35,000 more than the
initial bid of $844,000.  The overbid must be on substantially the
same terms as set forth in the complete Purchase and Sale
Agreement.

     b. The overbid increments will be $5,000 after the initial
overbid.

     c. Any successful overbidder must be able to close by the
Proposed Closing Date.

     d. Any party wishing to overbid on the Property during the
hearing on the Motion must contact the Debtor's counsel at least 36
hours prior to the hearing and provide evidence of available
financial resources such as funds and/or proof of ability to
finance up to the overbidder's maximum bid to the Debtor's
reasonable satisfaction.

     e. Any overbidder wishing to overbid on the Property during
the hearing must also submit, before the time of the hearing, a
deposit for the purchase of the Property, by cashier’s check or
other cash equivalent in the amount of at least $100,000 made
payable to "Simon Resnik Hayes LLP Client Trust Account."  The
successful overbidder's deposit will be applied towards the
purchase of the Property, and will not be refunded in the event the
overbidder cannot successfully close escrow pursuant to the terms
of the sale as proscribed.

     f. If an agent/broker brings a prospective bidder who is
ultimately the successful bidder and to whom the sale is approved,
that agent/broker will share in the commission with Broker; the
total commission will not exceed 6% (3% even split between them).

The Debtor believes that the proposed sale of the Property is in
the best interest of the estate and all creditors.  Accordingly, it
asks the Court to approve the relief sought.

The Debtor asks the Court to waive the 14-day stay of Bankruptcy
Rule 6004(h) to permit it to proceed with the close of escrow on
the sale as soon as possible.

The Purchaser:

          Joel M. Lebron, CEO
          JOEL'S AUTOMOTIVE, INC.
          Telephone: (909) 946-7687
          E-mail: JOELS.Automotive@verizon.net

The Creditors:

          OSM LOAN ACQUISITIONS IX LTD. PARTNERSHIP
          Stephen F. Lambert
          Lambert & Rogers, APLC
          359 West Madison Ave., Suite 100
          El Cajon, CA 92020

          TMC FINANCING - U.S. SMALL BUSINESS ADMINISTRATION
          David M. Wiseblood
          601 Montgomery Street, Suite 2000
          San Francisco, CA 94111

                         About Whaa LLC

Whaa LLC is the fee simple owner of a commercial building located
at 5494 E. Arrow Highway, Montclair, California, valued at
$975,000.  It also has a fee simple interest in an industrial
commercial property located at 5512 Arrow Highway, Montclair, with
a current value of $975,000.  

Biodata Medical Laboratories, Inc., an affiliate, sought bankruptcy
protection (Bankr. C.D. Cal. Case No. 16-20446) on Nov. 28, 2016.

Whaa LLC sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. C.D. Cal. Case No. 17-14661) on June 2, 2017.  Henry
Wallach, managing member, signed the petition.  At the time of the
filing, the Debtor disclosed $2.01 million in assets and $1.36
million in liabilities.  Judge Mark S. Wallace presides over the
case.  The Law Offices of Margarit Kazaryan serves as bankruptcy
counsel to the Debtor.



WHITING PETROLEUM: Egan-Jones Hikes Sr. Unsec. Ratings to B+
------------------------------------------------------------
Egan-Jones Ratings Company, on Jan. 12, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Whiting Petroleum Corp to B+ from B.

Whiting Petroleum Corporation is a petroleum and natural gas
exploration and production company headquartered in Denver,
Colorado.



WILD CALLING: $25K Sale of All Assets to Great Life Approved
------------------------------------------------------------
Judge Thomas B. McNamara of the U.S. Bankruptcy Court for the
District of Colorado authorized Wild Calling Pet Foods, LLC's sale
of substantially all assets to Great Life PetFood, LLC, for $25,000
plus assumption of liabilities.

The Court denied as moot the Debtor's Bid Procedure Motion.  The
Debtor indicated that the Bid Procedure Motion and the relief
sought therein is not applicable given that it did not receive any
competing bids.

A separate order will enter authorizing the sale subject to the
liens of TCJ, Super G Funding, LLC and the Colorado Department of
Revenue.

                  About Wild Calling Pet Food

Wild Calling Pet Food, LLC -- http://wildcalling.com-- is a
relatively new company in the pet food manufacturing industry.
Based in Greeley, Colorado, the family-owned company claims that
its line of dog and cat foods are all natural and grain-free with
added vitamins and minerals.

Wild Calling Pet Food filed a Chapter 11 petition (Bankr. D. Colo.
Case No. 17-19898) on Oct. 25, 2017.  In the petition signed by CEO
Timothy Petersen, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities.

The Hon. Thomas B. McNamara presides over the case.  

Joli A. Lofstedt, Esq., at Connolly & Lofstedt, P.C., is the
Debtor's bankruptcy counsel.


WOODBRIDGE GROUP: Centershot Selling Los Angeles Property for $1.5M
-------------------------------------------------------------------
Woodbridge Group of Companies, LLC, and its affiliates ask the U.S.
Bankruptcy Court for the District of Delaware to authorize their
Residential Purchase Agreement and Joint Escrow Instructions with
Cross Country Holdings Partnership in connection with the sale of
Centershot Investments, LLC's real property located at 8692
Franklin Avenue, Los Angeles, California, together with
Centershot's right, title, and interest in and to the buildings
located thereon and any other improvements and fixtures located
thereon, and any and all of its right, title, and interest in and
to the tangible personal property and equipment remaining on the
Real Property,  for $1,500,000.

The Debtors ask the Court to set the hearing on the Motion for Feb.
13, 2018 at 1:00 p.m. (ET) and the objection deadline for Feb. 8,
2018 at 4:00 p.m. (ET).

Seller Centershot purchased the Property in 2014 with the intention
of improving the Land through excavating the Land, constructing a
new high-end residential home thereon, and selling the Property as
a fully-developed residential real property.  Following the
purchase, however, initial analyses by the Debtors' architects
indicated that the costs of developing and improving the Property
would likely significantly exceed initial estimates.  

The Debtors thus determined that selling the Property on an "as is"
basis, rather than investing in its improvement, best maximized the
value of the Property; the Debtors' current management concurs with
this conclusion.  Discussions with potential purchasers through the
Debtors' marketing efforts further supported this conclusion.  Of
the offers that the Seller received for the Property, the
Purchaser's offer under the Purchase Agreement was the highest and
otherwise best.  Accordingly, the Debtors determined that selling
the property on an "as is" basis to the Purchaser is the best way
to maximize value of the Property.

The Debtors believe that they are authorized to honor the Purchase
Agreement and to close the Sale in the ordinary course of business
without the need for an order of the Court.  Nevertheless, the
title insurance company for the Property, Fidelity National Title
Insurance Co. has informed the Debtors that it requires a court
order to proceed with the closing of the Sale.  Thus, out of an
abundance of caution, and to provide assurances to the Title
Insurer to allow the Sale to close in manner satisfactory to the
Purchaser, the Debtors ask authority to close the Sale once
conditions for closing are satisfied.

On Nov. 21, 2017, the Purchaser signed Purchase Agreement with an
initial offer of $1,450,000.  On Nov. 29, 2017, the Seller
countersigned the Purchase Agreement subject to a counteroffer,
which the Purchaser made on Nov. 30, 2017 in the amount of
$1,500,000, free and clear of liens, claims, encumbrances, and
other interests.  The Debtors believe that this purchase price
provides significant value and, accordingly, accepted the
counteroffer on Dec. 3, 2017.

Following the Petition Date, because the Sale had not been closed
prior to the original closing date of Dec. 22, 2017, the Purchaser
and the Seller agreed to extend the term of the Purchase Agreement
to March 15, 2018.  Under the Purchase Agreement, the Purchaser
agreed to purchase the Property for $1,500,000, with a $50,000
initial cash deposit, a $200,000 down payment and the balance of
$1,250,000 provided through private financing.  The deposit is
being held by Portfolio Escrow, Inc. as escrow agent.

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

   http://bankrupt.com/misc/Woodbridge_Group_458_Sales.pdf

In connection with marketing the Property, the Debtors worked with
Mercer Vine, Inc., a non-Debtor affiliated brokerage company
pursuant to a pre-petition contractual arrangement.  On July 13,
2017, the Seller entered into that certain Vacant Land Listing
Arrangement agreement with Mercer Vine.  The Broker Agreement
provided Mercer Vine with the exclusive and irrevocable right to
market the Property for a fee in an amount of up to 5% of the
contractual sale price, while authorizing Mercer Vine to compensate
a cooperating purchaser's broker participating through the multiple
listing service by contributing a share of the Seller's Broker Fee
in an amount equal to up to 2.5% of the purchase price to the
purchaser's broker.  The Broker Agreement, which expired on Oct.
13, 2017, was extended by the Seller on Nov. 5, 2017 through Feb.
13, 2018 pursuant to an extension agreement.  The Purchase
Agreement is signed by Mercer Vine as listing firm and Sergio
Ramirez as cooperating broker.

In the Debtors' business judgment, closing the Sale with Purchaser
pursuant to the Purchase Agreement is the best way to maximize
value for the Debtors' estates and is more favorable than engaging
in costly litigation to reject the Purchase Agreement or Broker
Agreement.  Thus, in light of the exclusive terms of the Broker
Agreement and the delay and expense that would result from seeking
early termination or rejection of the Broker Agreement, the Debtors
ask authority to pay the Broker Fees by setting aside the
appropriate portion of proceeds of the Sale in the Proceeds
Account, paying the Purchaser's Broker Fee out of such proceeds,
and holding the Seller's Broker Fee pending the resolution of the
Asset Freeze or further order of the Court.

In addition to the Broker Fees, the Seller must also satisfy
certain required costs associated with the sale and transfer of
title of the Property to comply with the Purchase Agreement.  The
Other Closing Costs include, but are not limited to, recording
fees, title insurance policy costs, and property taxes.  The
Debtors also rely on outside vendors for escrow and title services
in connection with property sales.  In general, vendors are
mutually agreed on by the applicable Debtors and a purchaser prior
to the acceptance of an offer.

Absent authority to pay Other Closing Costs, the Seller will be
unable to close the Sale and receive sale proceeds for the Seller's
estate.  If the Seller is unable to make these payments, the
Purchaser may be entitled to rescind the Purchase Agreement or
assert other remedies that could lead to additional and unnecessary
claims.  Accordingly, the Debtors ask the ability to pay Other
Closing Costs in connection with the Sale in the ordinary course of
business.

All net proceeds of the Sale and the Broker Fees will be held in a
segregated escrow account held by Woodbridge Group of Companies,
LLC, which will be designated by the Debtors' officers in advance
of the closing of the Sale.  Such proceeds will be held in the
Proceeds Account pending further order of the Court, except that
the Purchaser's Broker Fee will be paid out of the Proceeds Account
in connection with the closing of the Sale.

The Property is subject to certain liens for the benefit of
Woodbridge Mortgage Investment Fund 2, LLC, which secure
indebtedness of the Seller to the Fund in connection with the
purchase and improvement of the Property.  Through the Debtors'
current management, the Fund has consented to the sale of the
Property free and clear of the Fund Liens.

As part of their operations, the Debtors rely upon, routinely
contract with, and are obligated to a number of third parties that
may be able to assert liens against or otherwise encumber the
Debtors' property to secure payment for certain goods and services
delivered or provided to the Debtors, or for other claims.  Certain
of the Operational Lien Claimants may have a right or interest,
whether or not such right or interest has been exercised, under
applicable law to assert and/or to perfect construction,
materialmen's, mechanics', or other statutory or common law liens.

Based on diligence conducted prior to and after the Petition Date,
the Debtors do not believe that the Property is subject to any
Operational Liens or Operational Lien Claims.

To successfully implement the foregoing, the Debtors ask a waiver
of the notice requirements under Bankruptcy Rule 6004(a) and the
14-day stay of any order authorizing the use, sale, or lease of
property under Bankruptcy Rule 6004(h).

                    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.  The Chapter 11
cases are being jointly administered

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.

An official committee of unsecured creditors was appointed in the
Chapter 11 Cases on Dec. 14, 2017.  On Jan. 23, 2018, the Court
approved a settlement providing for the formation of an ad hoc
noteholder group and an ad hoc unitholder group.


WORCESTER RE: Plan Outline Okayed, Plan Hearing on March 29
-----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Massachusetts is set
to hold a hearing on March 29 to consider approval of the Chapter
11 plan of reorganization for Worcester RE Investments, LLC.

The hearing will be held at 11:30 a.m., at Courtroom 3, Donohue
Federal Building and Courthouse.

The court had earlier approved the company's disclosure statement,
allowing it to start soliciting votes from creditors.  

The order, signed by Judge Christopher Panos on Jan. 25, set a
March 12 deadline for creditors to file their objections and cast
their votes accepting or rejecting the plan.

                  About Worcester RE Investments

Based in Worcester, Massachusetts, Worcester Re Investments, LLC,
owns 4 multi-family residential rental properties located at 23
Sigourney Street, Worcester, Massachusetts; 6 Hobson Street,
Worcester, Massachusetts; 6 Dorchester Street, Worcester,
Massachusetts; and 35 East Main Street, Milford, Massachusetts.
  
Worcester RE Investments sought Chapter 11 protection (Bankr. D.
Mass. Case No. 17-40511) on March 23, 2017, estimating assets of
$500,000 to $1 million and debt of $1 million to $10 million.  The
petition was signed by Felicio Lana, manager.  

Judge Christopher J. Panos is assigned to the case.

The Debtor tapped Gary M. Hogan, Esq., as Baker, Braverman &
Barbadoro, P.C., as counsel.

No creditors committee, trustee or examiner has been appointed.

The Debtor filed a proposed Chapter 11 plan of reorganization and
disclosure statement.


WPX ENERGY: Egan-Jones Hikes Senior Unsecured Ratings to B
----------------------------------------------------------
Egan-Jones Ratings Company, Jan. 14, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by WPX Energy Inc. to B from B-.

WPX Energy, Inc. is a petroleum and natural gas exploration company
headquartered in the Williams Center in Tulsa, Oklahoma.


XEROX CORP: Egan-Jones Hikes FC Sr. Unsecured Ratings to BB+
------------------------------------------------------------
Egan-Jones Ratings Company, on January 31, 2018, upgraded the
foreign currency senior unsecured rating on debt issued by Xerox
Corp. to BB+ from BB.  EJR retained the BB local currency senior
unsecured rating on the Company's debt.

Founded in 1906 and headquartered in Norwalk, Connecticut, Xerox
Corporation sells paper, wide-format systems, global imaging
systems network integration solutions, and electronic presentation
systems.


ZEST HOLDINGS: Moody's Puts B3 CFR on Review Direction Uncertain
----------------------------------------------------------------
Moody's Investors Service placed all ratings of Zest Holdings, LLC
under review with direction uncertain. The review follows the
announcement that funds advised by BC Partners have signed a
definitive agreement to acquire Zest from Avista Capital Partners.
Financial terms of the transaction have not been disclosed.

The following ratings were placed under review direction uncertain

Corporate Family Rating at B3

Probability of Default Rating at B3-PD

Senior secured first lien credit facilities at B3 (LGD 4)

As financing details have not been provided, there is uncertainty
regarding the company's future capital structure and the operating
and financial strategies of its new owners. The rating review will
focus on the post transaction capital structure and the company's
operating performance.

RATINGS RATIONALE

Excluding the announced acquisition by BC Partners, Zest's B3
Corporate Family Rating reflects its narrow product focus on dental
attachments and small scale. The ratings also reflect high leverage
with debt/EBITDA in excess of five times. Zest benefits from
favorable market trends within the dental sector, its track record
of organic growth, and high profit margins.

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

Headquartered in Carlsbad, CA, Zest Holdings, LLC. is a global
developer, manufacturer and distributor of medical devices used in
restorative dental procedures. Zest Holdings is currently owned by
private equity sponsor Avista Capital.


[*] Robert J. Frezza Joins Ankura as Senior Managing Director
-------------------------------------------------------------
Ankura on Feb. 7, 2018, announced the appointment of Robert J.
Frezza as Senior Managing Director.  A recognized restructuring
advisor with more than 33 years of experience, he has provided a
broad range of consulting services to clients in numerous
industries.  Over the past 19 years, he has specialized in leading
creditors through complex restructuring engagements in both
out-of-court and in-court chapter 11 proceedings.  Mr. Frezza is
based in New York.

Mr. Frezza will concentrate his efforts in helping to lead and
expand the firm's world-class lender advisory practice.  Mr. Frezza
also brings M&A and refinancing due diligence expertise working on
behalf of hedge funds, private equity-backed portfolio companies,
lenders, and acquisitive private and publicly held enterprises.  In
addition, he has acted as both a fact and expert witness in several
jurisdictions, including the Southern District of New York.

Before joining Ankura, Mr. Frezza was a managing director in
Deloitte's Corporate Restructuring Group.  Prior to that, he spent
14 years at Capstone Advisory Group advising creditors through some
of the most high-profile bankruptcy cases between 2001 and 2014,
including W.R. Grace, Polaroid, Sun Beam, and many others.  Earlier
in his career he led buy-side engagements in E&Y's Transaction
Services group after having spent eight years establishing and
growing the US division of Mazars International, a Paris-based
global accounting and consulting firm.

Ankura Co-President Kevin Lavin stated, "Bob is a great
professional and person.  He understands the lender advisory space
extremely well, has a tremendous reputation in the industry, and
believes in the strong culture of collaboration that resides within
our firm.  I am incredibly pleased that he has joined Ankura."

Mr. Frezza said, "I'm looking forward to joining Kevin and his
market leading turnaround and restructuring team to help expand
Ankura's lender advisory services.  Despite the firm's short
history, it is already a force to be reckoned with in the industry.
I'm excited to be working among such top-notch professionals who
are driven by creativity, collaboration, and a dedication to
superior client service."

Mr. Frezza can be reached at:

         Robert J. Frezza
         Senior Managing Director
         ANKURA
         750 Third Avenue, New York, NY 10017
         Main: +1 212 818 1555
         Direct: +1 646 968 3668
         Mobile: +1 973 271 2464
         E-mail: bob.frezza@ankura.com


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------
                                               Total
                                              Share-      Total
                                   Total    Holders'    Working
                                  Assets      Equity    Capital
  Company         Ticker            ($MM)       ($MM)      ($MM)
  -------         ------          ------    --------    -------
ABSOLUTE SOFTWRE  ALSWF US          94.0       (54.4)     (32.8)
ABSOLUTE SOFTWRE  OU1 GR            94.0       (54.4)     (32.8)
ABSOLUTE SOFTWRE  ABT CN            94.0       (54.4)     (32.8)
ABSOLUTE SOFTWRE  ABT2EUR EU        94.0       (54.4)     (32.8)
AGENUS INC        AGEN US          149.3       (51.6)      29.9
AGENUS INC        AGENUSD EU       149.3       (51.6)      29.9
ALTAIR ENGINEE-A  ALTR US          301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  8A2 QT           301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  8A2 GR           301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  ALTREUR EU       301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  8A2 TH           301.5       (60.2)     (92.4)
AMER RESTAUR-LP   ICTPU US          33.5        (4.0)      (6.2)
AMYRIS INC        AMRS US          138.6      (190.4)      (5.7)
AMYRIS INC        3A01 TH          138.6      (190.4)      (5.7)
AMYRIS INC        3A01 GR          138.6      (190.4)      (5.7)
AMYRIS INC        3A01 QT          138.6      (190.4)      (5.7)
AMYRIS INC        AMRSEUR EU       138.6      (190.4)      (5.7)
AMYRIS INC        AMRSUSD EU       138.6      (190.4)      (5.7)
APOLLO MEDICAL H  AMEH US           41.2        (7.3)      (7.0)
ARSANIS INC       ASNS US            7.6       (16.7)      (6.3)
ASPEN TECHNOLOGY  AZPN US          195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AST GR           195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AST TH           195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AZPNEUR EU       195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AST QT           195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AZPNUSD EU       195.8      (274.5)    (341.7)
ATLATSA RESOURCE  ATL SJ           193.5      (142.5)     (46.4)
AUTOZONE INC      AZO US         9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZ5 TH         9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZ5 GR         9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZOEUR EU      9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZ5 QT         9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZOUSD EU      9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      0HJL LN        9,397.1    (1,525.1)    (350.4)
AVAYA HOLDINGS C  AVYA US        5,898.0    (5,013.0)     (96.0)
AVEO PHARMACEUTI  AVEO US           41.7       (44.6)      23.7
AVEO PHARMACEUTI  AVEOUSD EU        41.7       (44.6)      23.7
AVEO PHARMACEUTI  0HJQ LN           41.7       (44.6)      23.7
AVID TECHNOLOGY   AVID US          225.3      (270.4)     (78.0)
AVID TECHNOLOGY   AVD GR           225.3      (270.4)     (78.0)
AXIM BIOTECHNOLO  AXIM US            3.3        (4.9)      (3.5)
BENEFITFOCUS INC  BNFT US          171.2       (37.0)       7.0
BENEFITFOCUS INC  BTF GR           171.2       (37.0)       7.0
BIOHAVEN PHARMAC  BHVN US          184.7       156.2      157.4
BIOHAVEN PHARMAC  2VN GR           184.7       156.2      157.4
BIOHAVEN PHARMAC  BHVNEUR EU       184.7       156.2      157.4
BIOHAVEN PHARMAC  2VN QT           184.7       156.2      157.4
BLACKSTAR ENTERP  BEGI US            6.3        (4.7)      (5.2)
BLUE BIRD CORP    BLBD US          248.8       (65.3)      11.2
BLUE RIDGE MOUNT  BRMR US        1,060.2      (212.5)     (62.4)
BOKU INC          BOKU LN            -           -          -
BOKU INC          BOKUGBX EU         -           -          -
BOMBARDIER INC-A  BBD/A CN      23,709.0    (3,623.0)     103.0
BOMBARDIER INC-B  BBD/B CN      23,709.0    (3,623.0)     103.0
BOMBARDIER INC-B  BBDBN MM      23,709.0    (3,623.0)     103.0
BOMBARDIER INC-B  0QZP LN       23,709.0    (3,623.0)     103.0
BRINKER INTL      EAT US         1,400.5      (552.9)    (257.4)
BRINKER INTL      BKJ GR         1,400.5      (552.9)    (257.4)
BRINKER INTL      BKJ QT         1,400.5      (552.9)    (257.4)
BRINKER INTL      EAT2EUR EU     1,400.5      (552.9)    (257.4)
BROOKFIELD REAL   BRE CN            95.0       (31.1)       3.0
BRP INC/CA-SUB V  DOO CN         2,575.8       (98.6)      91.1
BRP INC/CA-SUB V  B15A GR        2,575.8       (98.6)      91.1
BRP INC/CA-SUB V  BRPIF US       2,575.8       (98.6)      91.1
BUFFALO COAL COR  BUC SJ            49.8       (22.9)     (20.1)
BURLINGTON STORE  BURL US        2,843.4      (110.5)      22.8
BURLINGTON STORE  BUI GR         2,843.4      (110.5)      22.8
BURLINGTON STORE  BURL* MM       2,843.4      (110.5)      22.8
BURLINGTON STORE  BURLEUR EU     2,843.4      (110.5)      22.8
BURLINGTON STORE  BURLUSD EU     2,843.4      (110.5)      22.8
CADIZ INC         CDZI US           68.9       (76.3)       7.6
CADIZ INC         2ZC GR            68.9       (76.3)       7.6
CADIZ INC         0HS4 LN           68.9       (76.3)       7.6
CAESARS ENTERTAI  CZR US        14,353.0    (3,815.0)  (5,099.0)
CAESARS ENTERTAI  C08 GR        14,353.0    (3,815.0)  (5,099.0)
CAESARS ENTERTAI  CZREUR EU     14,353.0    (3,815.0)  (5,099.0)
CALIFORNIA RESOU  CRC US         6,183.0      (574.0)    (294.0)
CALIFORNIA RESOU  1CLB GR        6,183.0      (574.0)    (294.0)
CALIFORNIA RESOU  CRCEUR EU      6,183.0      (574.0)    (294.0)
CALIFORNIA RESOU  1CL TH         6,183.0      (574.0)    (294.0)
CALIFORNIA RESOU  1CLB QT        6,183.0      (574.0)    (294.0)
CALIFORNIA RESOU  CRCUSD EU      6,183.0      (574.0)    (294.0)
CAMBIUM LEARNING  ABCD US          155.0       (45.0)     (55.0)
CAREDX INC        CDNA US           75.1        (0.2)     (14.0)
CASELLA WASTE     WA3 GR           592.4       (60.5)      (1.4)
CASELLA WASTE     CWST US          592.4       (60.5)      (1.4)
CASELLA WASTE     WA3 TH           592.4       (60.5)      (1.4)
CASELLA WASTE     CWSTEUR EU       592.4       (60.5)      (1.4)
CASELLA WASTE     CWSTUSD EU       592.4       (60.5)      (1.4)
CDK GLOBAL INC    CDK US         2,690.0      (188.0)     514.1
CDK GLOBAL INC    C2G TH         2,690.0      (188.0)     514.1
CDK GLOBAL INC    CDKEUR EU      2,690.0      (188.0)     514.1
CDK GLOBAL INC    C2G GR         2,690.0      (188.0)     514.1
CDK GLOBAL INC    CDKUSD EU      2,690.0      (188.0)     514.1
CDK GLOBAL INC    C2G QT         2,690.0      (188.0)     514.1
CDK GLOBAL INC    0HQR LN        2,690.0      (188.0)     514.1
CHENIERE EN PART  CQH US             0.8        (0.1)      (0.1)
CHENIERE EN PART  CE4 GR             0.8        (0.1)      (0.1)
CHESAPEAKE ENERG  CHK* MM       11,981.0      (704.0)  (1,040.0)
CHOICE HOTELS     CZH GR           961.2      (200.4)     182.3
CHOICE HOTELS     CHH US           961.2      (200.4)     182.3
CINCINNATI BELL   CBB US         1,457.3      (133.5)       5.1
CINCINNATI BELL   CIB1 GR        1,457.3      (133.5)       5.1
CINCINNATI BELL   CBBEUR EU      1,457.3      (133.5)       5.1
CLEAR CHANNEL-A   C7C GR         5,580.5    (1,284.2)     337.6
CLEAR CHANNEL-A   CCO US         5,580.5    (1,284.2)     337.6
CLEVELAND-CLIFFS  CVA GR         2,953.4      (436.1)   1,092.4
CLEVELAND-CLIFFS  CVA TH         2,953.4      (436.1)   1,092.4
CLEVELAND-CLIFFS  CLF US         2,953.4      (436.1)   1,092.4
CLEVELAND-CLIFFS  CLF* MM        2,953.4      (436.1)   1,092.4
CLEVELAND-CLIFFS  CVA QT         2,953.4      (436.1)   1,092.4
CLEVELAND-CLIFFS  CLF2EUR EU     2,953.4      (436.1)   1,092.4
CLEVELAND-CLIFFS  CLF2 EU        2,953.4      (436.1)   1,092.4
CLEVELAND-CLIFFS  0I0H LN        2,953.4      (436.1)   1,092.4
COGENT COMMUNICA  CCOI US          729.9       (80.1)     236.8
COGENT COMMUNICA  OGM1 GR          729.9       (80.1)     236.8
CONSUMER CAPITAL  CCGN US            5.2        (2.5)      (2.6)
CROWN BAUS CAPIT  CBCA US            0.0        (0.0)      (0.0)
DELEK LOGISTICS   DKL US           422.9       (25.8)       5.5
DELEK LOGISTICS   D6L GR           422.9       (25.8)       5.5
DENNY'S CORP      DE8 GR           309.2       (97.6)     (45.4)
DENNY'S CORP      DENN US          309.2       (97.6)     (45.4)
DEX MEDIA INC     DMDA US        1,419.0    (1,284.0)  (1,999.0)
DINEEQUITY INC    DIN US         1,641.2      (216.7)      79.9
DINEEQUITY INC    IHP GR         1,641.2      (216.7)      79.9
DOLLARAMA INC     DOL CN         1,948.8       (15.3)     363.2
DOLLARAMA INC     DLMAF US       1,948.8       (15.3)     363.2
DOLLARAMA INC     DR3 GR         1,948.8       (15.3)     363.2
DOLLARAMA INC     DOLEUR EU      1,948.8       (15.3)     363.2
DOLLARAMA INC     DR3 TH         1,948.8       (15.3)     363.2
DOLLARAMA INC     DR3 QT         1,948.8       (15.3)     363.2
DOLLARAMA INC     DOLCAD EU      1,948.8       (15.3)     363.2
DOMINO'S PIZZA    EZV TH           816.2    (2,765.3)     194.1
DOMINO'S PIZZA    EZV GR           816.2    (2,765.3)     194.1
DOMINO'S PIZZA    DPZ US           816.2    (2,765.3)     194.1
DOMINO'S PIZZA    EZV QT           816.2    (2,765.3)     194.1
DOMINO'S PIZZA    DPZEUR EU        816.2    (2,765.3)     194.1
DOMINO'S PIZZA    DPZUSD EU        816.2    (2,765.3)     194.1
DUN & BRADSTREET  DB5 GR         2,301.0      (857.3)     (71.7)
DUN & BRADSTREET  DB5 TH         2,301.0      (857.3)     (71.7)
DUN & BRADSTREET  DNB US         2,301.0      (857.3)     (71.7)
DUN & BRADSTREET  DB5 QT         2,301.0      (857.3)     (71.7)
DUN & BRADSTREET  DNB1EUR EU     2,301.0      (857.3)     (71.7)
EGAIN CORP        EGAN US           37.4        (9.8)     (13.8)
ERIN ENERGY CORP  ERN US           229.5      (359.3)    (310.8)
ERIN ENERGY CORP  ERN SJ           229.5      (359.3)    (310.8)
EVERI HOLDINGS I  EVRI US        1,425.6      (123.8)      (5.1)
EVERI HOLDINGS I  G2C GR         1,425.6      (123.8)      (5.1)
EVERI HOLDINGS I  EVRIEUR EU     1,425.6      (123.8)      (5.1)
EVOLUS INC        EOLS US           77.5        (7.1)     (63.1)
FERRELLGAS-LP     FEG GR         1,705.0      (793.3)    (272.3)
FERRELLGAS-LP     FGP US         1,705.0      (793.3)    (272.3)
GAMCO INVESTO-A   GBL US           128.3       (96.3)       -
GEN COMM-A        GC1 GR         2,063.3        (2.7)      45.3
GEN COMM-A        GNCMA US       2,063.3        (2.7)      45.3
GEN COMM-A        GNCMAEUR EU    2,063.3        (2.7)      45.3
GEN COMM-B        GNCMB US       2,063.3        (2.7)      45.3
GENERAL CANNABIS  CANNUSD EU         2.8        (6.1)      (8.1)
GNC HOLDINGS INC  IGN GR         1,969.0       (24.7)     441.6
GNC HOLDINGS INC  GNC US         1,969.0       (24.7)     441.6
GNC HOLDINGS INC  IGN TH         1,969.0       (24.7)     441.6
GNC HOLDINGS INC  GNC1EUR EU     1,969.0       (24.7)     441.6
GNC HOLDINGS INC  GNC1USD EU     1,969.0       (24.7)     441.6
GNC HOLDINGS INC  GNC* MM        1,969.0       (24.7)     441.6
GNC HOLDINGS INC  0IT2 LN        1,969.0       (24.7)     441.6
GOGO INC          GOGO US        1,362.9      (155.5)     322.8
GOGO INC          G0G GR         1,362.9      (155.5)     322.8
GOGO INC          G0G QT         1,362.9      (155.5)     322.8
GOGO INC          GOGOUSD EU     1,362.9      (155.5)     322.8
GOGO INC          GOGOEUR EU     1,362.9      (155.5)     322.8
GOGO INC          0IYQ LN        1,362.9      (155.5)     322.8
GREEN PLAINS PAR  GPP US            92.3       (62.8)       5.6
GREEN PLAINS PAR  8GP GR            92.3       (62.8)       5.6
H&R BLOCK INC     HRB US         1,716.6      (412.8)      51.4
H&R BLOCK INC     HRB GR         1,716.6      (412.8)      51.4
H&R BLOCK INC     HRB TH         1,716.6      (412.8)      51.4
H&R BLOCK INC     HRB QT         1,716.6      (412.8)      51.4
H&R BLOCK INC     HRBEUR EU      1,716.6      (412.8)      51.4
H&R BLOCK INC     HRBUSD EU      1,716.6      (412.8)      51.4
H&R BLOCK INC     0HOB LN        1,716.6      (412.8)      51.4
HCA HEALTHCARE I  2BH GR        36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  HCA US        36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  2BH TH        36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  2BH QT        36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  HCAEUR EU     36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  HCAUSD EU     36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  0J1R LN       36,593.0    (4,995.0)   3,819.0
HELIOS & MATHESO  QCLN QT           17.5       (24.1)     (33.9)
HELIOS AND MATHE  HMNY US           17.5       (24.1)     (33.9)
HELIOS AND MATHE  HMNYEUR EU        17.5       (24.1)     (33.9)
HELIOS AND MATHE  HMNYUSD EU        17.5       (24.1)     (33.9)
HELIOS AND MATHE  HMNY LN           17.5       (24.1)     (33.9)
HORTONWORKS INC   HDP US           250.7       (65.0)     (39.1)
HORTONWORKS INC   14K GR           250.7       (65.0)     (39.1)
HORTONWORKS INC   14K QT           250.7       (65.0)     (39.1)
HORTONWORKS INC   HDPEUR EU        250.7       (65.0)     (39.1)
HORTONWORKS INC   HDPUSD EU        250.7       (65.0)     (39.1)
HORTONWORKS INC   0J64 LN          250.7       (65.0)     (39.1)
HP COMPANY-BDR    HPQB34 BZ     32,913.0    (3,408.0)     (94.0)
HP INC            HPQ* MM       32,913.0    (3,408.0)     (94.0)
HP INC            HPQ US        32,913.0    (3,408.0)     (94.0)
HP INC            7HP TH        32,913.0    (3,408.0)     (94.0)
HP INC            7HP GR        32,913.0    (3,408.0)     (94.0)
HP INC            HPQ TE        32,913.0    (3,408.0)     (94.0)
HP INC            HPQ CI        32,913.0    (3,408.0)     (94.0)
HP INC            HPQ SW        32,913.0    (3,408.0)     (94.0)
HP INC            HWP QT        32,913.0    (3,408.0)     (94.0)
HP INC            HPQCHF EU     32,913.0    (3,408.0)     (94.0)
HP INC            HPQUSD EU     32,913.0    (3,408.0)     (94.0)
HP INC            HPQUSD SW     32,913.0    (3,408.0)     (94.0)
HP INC            HPQEUR EU     32,913.0    (3,408.0)     (94.0)
HP INC            0J2E LN       32,913.0    (3,408.0)     (94.0)
IDEXX LABS        IDXX US        1,713.4       (53.8)     (32.6)
IDEXX LABS        IX1 GR         1,713.4       (53.8)     (32.6)
IDEXX LABS        IX1 TH         1,713.4       (53.8)     (32.6)
IDEXX LABS        IX1 QT         1,713.4       (53.8)     (32.6)
IDEXX LABS        IDXX AV        1,713.4       (53.8)     (32.6)
IDEXX LABS        0J8P LN        1,713.4       (53.8)     (32.6)
IMMUNOGEN INC     IMU GR           294.7       (17.9)     238.9
IMMUNOGEN INC     IMGN US          294.7       (17.9)     238.9
IMMUNOGEN INC     IMU TH           294.7       (17.9)     238.9
IMMUNOGEN INC     IMU QT           294.7       (17.9)     238.9
IMMUNOGEN INC     IMGNEUR EU       294.7       (17.9)     238.9
IMMUNOGEN INC     IMGNUSD EU       294.7       (17.9)     238.9
INNOVIVA INC      INVA US          367.3      (242.7)     189.9
INNOVIVA INC      HVE GR           367.3      (242.7)     189.9
INNOVIVA INC      INVAEUR EU       367.3      (242.7)     189.9
INSTRUCTURE INC   INST US          135.5       (10.9)     (24.0)
INSTRUCTURE INC   1IN GR           135.5       (10.9)     (24.0)
IRONWOOD PHARMAC  I76 GR           625.1       (17.6)     249.6
IRONWOOD PHARMAC  IRWD US          625.1       (17.6)     249.6
IRONWOOD PHARMAC  I76 TH           625.1       (17.6)     249.6
IRONWOOD PHARMAC  I76 QT           625.1       (17.6)     249.6
IRONWOOD PHARMAC  IRWDEUR EU       625.1       (17.6)     249.6
IWEB INC          IWBB US            0.1        (0.3)      (0.3)
JACK IN THE BOX   JBX GR         1,228.4      (388.0)    (122.7)
JACK IN THE BOX   JACK US        1,228.4      (388.0)    (122.7)
JACK IN THE BOX   JACK1EUR EU    1,228.4      (388.0)    (122.7)
JACK IN THE BOX   JBX QT         1,228.4      (388.0)    (122.7)
JACK IN THE BOX   JACK1USD EU    1,228.4      (388.0)    (122.7)
JUST ENERGY GROU  JE US          1,387.5       (75.7)     (71.4)
JUST ENERGY GROU  1JE GR         1,387.5       (75.7)     (71.4)
JUST ENERGY GROU  JE CN          1,387.5       (75.7)     (71.4)
KERYX BIOPHARM    KYX GR           141.6       (14.1)      96.5
KERYX BIOPHARM    KERX US          141.6       (14.1)      96.5
KERYX BIOPHARM    KYX TH           141.6       (14.1)      96.5
KERYX BIOPHARM    KYX QT           141.6       (14.1)      96.5
KERYX BIOPHARM    KERXEUR EU       141.6       (14.1)      96.5
KERYX BIOPHARM    KERXUSD EU       141.6       (14.1)      96.5
L BRANDS INC      LTD GR         7,816.0    (1,119.0)     911.0
L BRANDS INC      LTD TH         7,816.0    (1,119.0)     911.0
L BRANDS INC      LB US          7,816.0    (1,119.0)     911.0
L BRANDS INC      LBEUR EU       7,816.0    (1,119.0)     911.0
L BRANDS INC      LB* MM         7,816.0    (1,119.0)     911.0
L BRANDS INC      LTD QT         7,816.0    (1,119.0)     911.0
L BRANDS INC      LBUSD EU       7,816.0    (1,119.0)     911.0
L BRANDS INC      0JSC LN        7,816.0    (1,119.0)     911.0
LAMB WESTON       LW US          2,714.9      (474.9)     357.8
LAMB WESTON       0L5 GR         2,714.9      (474.9)     357.8
LAMB WESTON       LW-WEUR EU     2,714.9      (474.9)     357.8
LAMB WESTON       0L5 TH         2,714.9      (474.9)     357.8
LAMB WESTON       0L5 QT         2,714.9      (474.9)     357.8
LAMB WESTON       LW-WUSD EU     2,714.9      (474.9)     357.8
LANTHEUS HOLDING  LNTH US          281.0       (77.9)      90.5
LANTHEUS HOLDING  0L8 GR           281.0       (77.9)      90.5
LIVEXLIVE MEDIA   LIVX US            4.1        (3.9)      (7.5)
LOCKHEED MARTIN   LMT US        46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LOM GR        46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LOM TH        46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT1EUR EU    46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT* MM       46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT SW        46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LOM QT        46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT1CHF EU    46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT1USD EU    46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   0R3E LN       46,521.0      (609.0)   4,824.0
LOCKHEED-BDR      LMTB34 BZ     46,521.0      (609.0)   4,824.0
LOCKHEED-CEDEAR   LMT AR        46,521.0      (609.0)   4,824.0
MCDONALDS - BDR   MCDC34 BZ     32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MDO TH        32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCD TE        32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MDO GR        32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCD* MM       32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCD US        32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCD SW        32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCD CI        32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MDO QT        32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCDCHF EU     32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCDUSD EU     32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCDUSD SW     32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCDEUR EU     32,559.6    (3,477.6)   1,050.1
MCDONALDS CORP    MCD AV        32,559.6    (3,477.6)   1,050.1
MCDONALDS-CEDEAR  MCD AR        32,559.6    (3,477.6)   1,050.1
MDC PARTNERS-A    MDCA US        1,617.8      (328.8)    (220.3)
MDC PARTNERS-A    MD7A GR        1,617.8      (328.8)    (220.3)
MDC PARTNERS-A    MDCAEUR EU     1,617.8      (328.8)    (220.3)
MEDLEY MANAGE-A   MDLY US          135.5       (11.6)      35.7
MICHAELS COS INC  MIK US         2,306.1    (1,732.8)     482.5
MICHAELS COS INC  MIM GR         2,306.1    (1,732.8)     482.5
MIRAGEN THERAPEU  MGEN US           47.1        39.0       39.9
MIRAGEN THERAPEU  SGNLEUR EU        47.1        39.0       39.9
MIRAGEN THERAPEU  0K1R LN           47.1        39.0       39.9
MONEYGRAM INTERN  MGI US         4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N GR        4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N QT        4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N TH        4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  MGIEUR EU      4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  MGIUSD EU      4,546.1      (184.0)     (66.1)
MOODY'S CORP      DUT GR         8,605.2      (114.9)     517.3
MOODY'S CORP      MCO US         8,605.2      (114.9)     517.3
MOODY'S CORP      DUT TH         8,605.2      (114.9)     517.3
MOODY'S CORP      MCOEUR EU      8,605.2      (114.9)     517.3
MOODY'S CORP      DUT QT         8,605.2      (114.9)     517.3
MOODY'S CORP      MCO* MM        8,605.2      (114.9)     517.3
MOODY'S CORP      MCOUSD EU      8,605.2      (114.9)     517.3
MOODY'S CORP      0K36 LN        8,605.2      (114.9)     517.3
MOSAIC A-CLASS A  MOSC US            0.6        (0.0)      (0.0)
MOSAIC ACQUISITI  MOSC/U US          0.6        (0.0)      (0.0)
MOTOROLA SOLUTIO  MTLA GR        8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MTLA TH        8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MSI US         8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MOT TE         8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MTLA QT        8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MSI1EUR EU     8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MSI1USD EU     8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  0K3H LN        8,208.0    (1,727.0)   1,019.0
MSG NETWORKS- A   MSGN US          851.8      (743.2)     229.6
MSG NETWORKS- A   1M4 GR           851.8      (743.2)     229.6
MSG NETWORKS- A   1M4 TH           851.8      (743.2)     229.6
MSG NETWORKS- A   1M4 QT           851.8      (743.2)     229.6
MSG NETWORKS- A   MSGNEUR EU       851.8      (743.2)     229.6
NATHANS FAMOUS    NATH US           92.9       (85.0)      51.8
NATHANS FAMOUS    NFA GR            92.9       (85.0)      51.8
NATIONAL CINEMED  XWM GR         1,153.4       (61.9)      70.0
NATIONAL CINEMED  NCMI US        1,153.4       (61.9)      70.0
NATIONAL CINEMED  NCMIEUR EU     1,153.4       (61.9)      70.0
NAVISTAR INTL     IHR GR         6,135.0    (4,574.0)     515.0
NAVISTAR INTL     NAV US         6,135.0    (4,574.0)     515.0
NAVISTAR INTL     IHR TH         6,135.0    (4,574.0)     515.0
NAVISTAR INTL     IHR QT         6,135.0    (4,574.0)     515.0
NAVISTAR INTL     NAVEUR EU      6,135.0    (4,574.0)     515.0
NAVISTAR INTL     NAVUSD EU      6,135.0    (4,574.0)     515.0
NEBULA ACQUISITI  NEBUU US           0.0        (0.0)      (0.0)
NEW ENG RLTY-LP   NEN US           237.8       (32.4)       -
NYMOX PHARMACEUT  NYMX US            1.3        (0.7)      (0.7)
NYMOX PHARMACEUT  NYMXUSD EU         1.3        (0.7)      (0.7)
PAPA JOHN'S INTL  PZZA US          550.9       (39.4)      29.5
PAPA JOHN'S INTL  PP1 GR           550.9       (39.4)      29.5
PAPA JOHN'S INTL  PZZAEUR EU       550.9       (39.4)      29.5
PHILIP MORRIS IN  PM1EUR EU     42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PMI SW        42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM1 TE        42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  4I1 TH        42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM1CHF EU     42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  4I1 GR        42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM US         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM FP         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM1 EU        42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PMI1 IX       42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PMI EB        42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  4I1 QT        42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM LN         42,968.0   (10,230.0)   5,632.0
PINNACLE ENTERTA  PNK US         3,926.3      (343.8)     (90.2)
PINNACLE ENTERTA  65P GR         3,926.3      (343.8)     (90.2)
PLANET FITNESS-A  PLNT US        1,366.0      (139.6)      49.0
PLANET FITNESS-A  3PL TH         1,366.0      (139.6)      49.0
PLANET FITNESS-A  3PL GR         1,366.0      (139.6)      49.0
PLANET FITNESS-A  3PL QT         1,366.0      (139.6)      49.0
PLANET FITNESS-A  PLNT1EUR EU    1,366.0      (139.6)      49.0
PLANET FITNESS-A  PLNT1USD EU    1,366.0      (139.6)      49.0
PLANET FITNESS-A  0KJD LN        1,366.0      (139.6)      49.0
PLAYAGS INC       AGS US           639.8       (19.5)      30.6
PROS HOLDINGS IN  PH2 GR           288.7       (47.0)     100.0
PROS HOLDINGS IN  PRO US           288.7       (47.0)     100.0
QUANTUM CORP      QTM1USD EU       211.2      (124.3)     (48.3)
REATA PHARMACE-A  RETA US          160.4      (132.4)     108.2
REATA PHARMACE-A  2R3 GR           160.4      (132.4)     108.2
REATA PHARMACE-A  RETAEUR EU       160.4      (132.4)     108.2
REGAL ENTERTAI-A  RGC US         2,672.2      (855.2)     (59.1)
REGAL ENTERTAI-A  RETA GR        2,672.2      (855.2)     (59.1)
REGAL ENTERTAI-A  RGCEUR EU      2,672.2      (855.2)     (59.1)
REMARK HOLD INC   MARK US          109.7        (9.4)     (58.2)
REMARK HOLD INC   MARKUSD EU       109.7        (9.4)     (58.2)
RESOLUTE ENERGY   R21 GR           792.3       (73.8)    (109.3)
RESOLUTE ENERGY   REN US           792.3       (73.8)    (109.3)
RESOLUTE ENERGY   RENEUR EU        792.3       (73.8)    (109.3)
REVLON INC-A      REV US         3,167.8      (701.9)     241.5
REVLON INC-A      RVL1 GR        3,167.8      (701.9)     241.5
REVLON INC-A      RVL1 TH        3,167.8      (701.9)     241.5
REVLON INC-A      REVEUR EU      3,167.8      (701.9)     241.5
RH                RH US          1,801.6       (25.3)     219.2
RH                RS1 GR         1,801.6       (25.3)     219.2
RH                RH* MM         1,801.6       (25.3)     219.2
RH                RHEUR EU       1,801.6       (25.3)     219.2
RH                0KTF LN        1,801.6       (25.3)     219.2
ROKU INC          ROKU US          225.5       (42.8)      52.0
ROKU INC          R35 QT           225.5       (42.8)      52.0
ROKU INC          R35 GR           225.5       (42.8)      52.0
ROKU INC          ROKUEUR EU       225.5       (42.8)      52.0
ROKU INC          R35 TH           225.5       (42.8)      52.0
ROKU INC          ROKUUSD EU       225.5       (42.8)      52.0
ROKU INC          0KXI LN          225.5       (42.8)      52.0
ROSETTA STONE IN  RST US           196.8        (1.4)     (58.1)
ROSETTA STONE IN  RS8 GR           196.8        (1.4)     (58.1)
ROSETTA STONE IN  RST1EUR EU       196.8        (1.4)     (58.1)
RR DONNELLEY & S  DLLN GR        3,956.7      (163.0)     740.3
RR DONNELLEY & S  RRD US         3,956.7      (163.0)     740.3
RR DONNELLEY & S  DLLN TH        3,956.7      (163.0)     740.3
RR DONNELLEY & S  RRDEUR EU      3,956.7      (163.0)     740.3
RR DONNELLEY & S  RRDUSD EU      3,956.7      (163.0)     740.3
RYERSON HOLDING   RYI US         1,817.3       (14.4)     731.7
RYERSON HOLDING   7RY GR         1,817.3       (14.4)     731.7
RYERSON HOLDING   7RY TH         1,817.3       (14.4)     731.7
SALLY BEAUTY HOL  SBH US         2,113.3      (342.6)     573.7
SALLY BEAUTY HOL  S7V GR         2,113.3      (342.6)     573.7
SANCHEZ ENERGY C  SN US          2,240.1       (90.4)     (43.2)
SANCHEZ ENERGY C  SN* MM         2,240.1       (90.4)     (43.2)
SANCHEZ ENERGY C  13S GR         2,240.1       (90.4)     (43.2)
SANCHEZ ENERGY C  13S TH         2,240.1       (90.4)     (43.2)
SANCHEZ ENERGY C  13S QT         2,240.1       (90.4)     (43.2)
SANCHEZ ENERGY C  SNEUR EU       2,240.1       (90.4)     (43.2)
SANCHEZ ENERGY C  SNUSD EU       2,240.1       (90.4)     (43.2)
SBA COMM CORP     4SB GR         7,300.5    (2,257.8)    (698.6)
SBA COMM CORP     SBAC US        7,300.5    (2,257.8)    (698.6)
SBA COMM CORP     SBJ TH         7,300.5    (2,257.8)    (698.6)
SBA COMM CORP     SBACEUR EU     7,300.5    (2,257.8)    (698.6)
SBA COMM CORP     SBACUSD EU     7,300.5    (2,257.8)    (698.6)
SBA COMM CORP     0KYZ LN        7,300.5    (2,257.8)    (698.6)
SCIENTIFIC GAMES  SGMS US        7,062.4    (1,976.5)     554.8
SCIENTIFIC GAMES  TJW GR         7,062.4    (1,976.5)     554.8
SIGA TECH INC     SIGA US          148.7      (312.8)      27.9
SIRIUS XM HOLDIN  SIRI US        8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  RDO TH         8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  RDO GR         8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  RDO QT         8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  SIRIEUR EU     8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  SIRI AV        8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  SIRIUSD EU     8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  0L6Z LN        8,329.4    (1,523.9)  (2,350.6)
SIX FLAGS ENTERT  SIX US         2,528.3       (67.7)     (70.3)
SIX FLAGS ENTERT  6FE GR         2,528.3       (67.7)     (70.3)
SIX FLAGS ENTERT  SIXEUR EU      2,528.3       (67.7)     (70.3)
SIX FLAGS ENTERT  SIXUSD EU      2,528.3       (67.7)     (70.3)
SOLARWINDOW TECH  WNDW US            3.0        (0.9)       2.6
SOLARWINDOW TECH  2N0N GR            3.0        (0.9)       2.6
SOLARWINDOW TECH  WNDWUSD EU         3.0        (0.9)       2.6
SOLARWINDOW TECH  WNDW LN            3.0        (0.9)       2.6
SONIC CORP        SONC US          552.9      (237.3)      38.7
SONIC CORP        SO4 GR           552.9      (237.3)      38.7
SONIC CORP        SONCEUR EU       552.9      (237.3)      38.7
SONIC CORP        SO4 TH           552.9      (237.3)      38.7
STRAIGHT PATH-B   STRP US           10.1       (20.3)     (13.5)
STRAIGHT PATH-B   5I0 GR            10.1       (20.3)     (13.5)
SYNTEL INC        SYNT US          461.0       (63.6)     142.3
SYNTEL INC        SYE GR           461.0       (63.6)     142.3
SYNTEL INC        SYE TH           461.0       (63.6)     142.3
SYNTEL INC        SYE QT           461.0       (63.6)     142.3
SYNTEL INC        SYNT1EUR EU      461.0       (63.6)     142.3
SYNTEL INC        SYNT* MM         461.0       (63.6)     142.3
SYNTEL INC        SYNT1USD EU      461.0       (63.6)     142.3
TAILORED BRANDS   TLRD US        2,111.3       (15.0)     735.6
TAILORED BRANDS   WRMA GR        2,111.3       (15.0)     735.6
TAILORED BRANDS   TLRD* MM       2,111.3       (15.0)     735.6
TAILORED BRANDS   TLRDEUR EU     2,111.3       (15.0)     735.6
TAUBMAN CENTERS   TU8 GR         4,214.6      (142.5)       -
TAUBMAN CENTERS   TCO US         4,214.6      (142.5)       -
TAUBMAN CENTERS   0LDD LN        4,214.6      (142.5)       -
TINTRI INC        TNTR US          100.9       (68.4)       3.5
TINTRI INC        0LFL LN          100.9       (68.4)       3.5
TRANSDIGM GROUP   T7D GR        10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   TDG US        10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   T7D QT        10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   TDGEUR EU     10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   T7D TH        10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   TDGUSD EU     10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   0REK LN       10,112.1    (2,599.7)   1,447.9
TUPPERWARE BRAND  TUP US         1,298.1      (116.5)      35.1
TUPPERWARE BRAND  TUP GR         1,298.1      (116.5)      35.1
TUPPERWARE BRAND  TUP QT         1,298.1      (116.5)      35.1
TUPPERWARE BRAND  TUP TH         1,298.1      (116.5)      35.1
TUPPERWARE BRAND  TUP1EUR EU     1,298.1      (116.5)      35.1
TUPPERWARE BRAND  TUP1USD EU     1,298.1      (116.5)      35.1
ULTRA PETROLEUM   UPL US         1,862.1    (1,257.8)    (157.3)
ULTRA PETROLEUM   UPL1EUR EU     1,862.1    (1,257.8)    (157.3)
ULTRA PETROLEUM   UPM1 GR        1,862.1    (1,257.8)    (157.3)
ULTRA PETROLEUM   UPM1 TH        1,862.1    (1,257.8)    (157.3)
ULTRA PETROLEUM   UPM1 QT        1,862.1    (1,257.8)    (157.3)
ULTRA PETROLEUM   UPL1USD EU     1,862.1    (1,257.8)    (157.3)
UNISYS CORP       UIS EU         2,542.7    (1,325.7)     418.6
UNISYS CORP       UISCHF EU      2,542.7    (1,325.7)     418.6
UNISYS CORP       UISEUR EU      2,542.7    (1,325.7)     418.6
UNISYS CORP       UIS US         2,542.7    (1,325.7)     418.6
UNISYS CORP       UIS1 SW        2,542.7    (1,325.7)     418.6
UNISYS CORP       USY1 TH        2,542.7    (1,325.7)     418.6
UNISYS CORP       USY1 GR        2,542.7    (1,325.7)     418.6
UNISYS CORP       USY1 QT        2,542.7    (1,325.7)     418.6
UNITI GROUP INC   UNIT US        4,292.2    (1,052.9)       -
UNITI GROUP INC   8XC GR         4,292.2    (1,052.9)       -
UNITI GROUP INC   0LJB LN        4,292.2    (1,052.9)       -
VALVOLINE INC     VVV US         1,827.0      (194.0)     367.0
VALVOLINE INC     0V4 GR         1,827.0      (194.0)     367.0
VALVOLINE INC     0V4 TH         1,827.0      (194.0)     367.0
VALVOLINE INC     VVVEUR EU      1,827.0      (194.0)     367.0
VALVOLINE INC     0V4 QT         1,827.0      (194.0)     367.0
VECTOR GROUP LTD  VGR GR         1,409.9      (318.2)     431.7
VECTOR GROUP LTD  VGR US         1,409.9      (318.2)     431.7
VECTOR GROUP LTD  VGR QT         1,409.9      (318.2)     431.7
VECTOR GROUP LTD  VGREUR EU      1,409.9      (318.2)     431.7
VERISIGN INC      VRS TH         2,941.2    (1,260.3)     885.6
VERISIGN INC      VRS GR         2,941.2    (1,260.3)     885.6
VERISIGN INC      VRSN US        2,941.2    (1,260.3)     885.6
VERISIGN INC      VRS QT         2,941.2    (1,260.3)     885.6
VERISIGN INC      VRSNEUR EU     2,941.2    (1,260.3)     885.6
VERISIGN INC      VRSN* MM       2,941.2    (1,260.3)     885.6
VERISIGN INC      VRSNUSD EU     2,941.2    (1,260.3)     885.6
VIEWRAY INC       VRAY US           88.1       (26.6)      27.9
VIEWRAY INC       6L9 GR            88.1       (26.6)      27.9
VIEWRAY INC       VRAYEUR EU        88.1       (26.6)      27.9
VTV THERAPEUTI-A  VTVT US           24.1        (5.7)       9.3
VTV THERAPEUTI-A  5VT GR            24.1        (5.7)       9.3
W&T OFFSHORE INC  WTI US           887.4      (597.3)      34.5
W&T OFFSHORE INC  WTI1EUR EU       887.4      (597.3)      34.5
WEIGHT WATCHERS   WTW US         1,315.5    (1,080.7)     (12.7)
WEIGHT WATCHERS   WW6 GR         1,315.5    (1,080.7)     (12.7)
WEIGHT WATCHERS   WTWEUR EU      1,315.5    (1,080.7)     (12.7)
WEIGHT WATCHERS   WW6 TH         1,315.5    (1,080.7)     (12.7)
WEIGHT WATCHERS   WW6 QT         1,315.5    (1,080.7)     (12.7)
WEIGHT WATCHERS   WTWUSD EU      1,315.5    (1,080.7)     (12.7)
WIDEOPENWEST INC  WOW US         2,676.5      (288.3)     (50.7)
WIDEOPENWEST INC  WU5 TH         2,676.5      (288.3)     (50.7)
WIDEOPENWEST INC  WU5 GR         2,676.5      (288.3)     (50.7)
WIDEOPENWEST INC  WOW1EUR EU     2,676.5      (288.3)     (50.7)
WIDEOPENWEST INC  WU5 QT         2,676.5      (288.3)     (50.7)
WINGSTOP INC      WING US          121.1       (57.7)      (2.1)
WINGSTOP INC      EWG GR           121.1       (57.7)      (2.1)
WINGSTOP INC      WING1EUR EU      121.1       (57.7)      (2.1)
WINMARK CORP      WINA US           47.2       (39.4)      12.5
WINMARK CORP      GBZ GR            47.2       (39.4)      12.5
WORKIVA INC       WK US            155.6       (14.5)     (12.1)
WORKIVA INC       0WKA GR          155.6       (14.5)     (12.1)
WORKIVA INC       WKEUR EU         155.6       (14.5)     (12.1)
YELLOW PAGES LTD  Y CN             529.9      (218.8)      35.1
YELLOW PAGES LTD  YLWDF US         529.9      (218.8)      35.1
YRC WORLDWIDE IN  YRCW US        1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YEL1 GR        1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YEL1 TH        1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YEL1 QT        1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YRCWEUR EU     1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YRCWUSD EU     1,585.5      (353.5)     155.9
YUM! BRANDS INC   YUM US         5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   TGR GR         5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   TGR TH         5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUMEUR EU      5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   TGR QT         5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUMCHF EU      5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUM SW         5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUMUSD SW      5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUMUSD EU      5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   0QYD LN        5,311.0    (6,334.0)     995.0


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 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 ***