TCR_Public/180305.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, March 5, 2018, Vol. 22, No. 63

                            Headlines

ACER THERAPEUTICS: CEO Will Get an Annual Base Salary of $400,000
ALL SOD NURSERY: Hearing on Plan Confirmation Set for March 21
APEX XPRESS: March 5 Meeting Set to Form Creditors' Panel
ARROWHEAD RV: RVC USA Buying Marianna Property for $2.2 Million
AVENUE SHOPPES: May 7 Plan Confirmation Hearing

BACHRACH: Closes Remaining Stores Following Bankruptcy Filing
BENDCO INC: Case Summary & 20 Largest Unsecured Creditors
BENITEZ GONZALEZ: June 5 Plan Confirmation Hearing Set
BERLEY ASSOCIATES: Voluntary Chapter 11 Case Summary
BOEGEL FARMS: Proposes an Auction Sale of Kansas Real Properties

BOSS LITHO: MKM Buying 2006 Heidelberg Speedmaster for $625K
CANTRELL DRUG: Files for Temporary TRO v. FDA to Avert Closure
CAREY CRUTCHER: U.S. Trustee Unable to Appoint Committee
CARL WEBER: Wants Up To $250,000 in Financing From Principals
COMERCIAL CELTA: May 1 Disclosure Statement Hearing Set

DEEP OPERATING: March 19 Plan Confirmation Hearing Set
EVERMILK LOGISTICS: Needs More Time to Negotiate Plan
FIRESTAR DIAMOND: Three Nirav Modi Firms File for U.S. Bankruptcy
FM 544 PARK: Trustee Selling Plano Land to HOSS for $4.9M
GORDON BURR: Masters Gallery Contracted to Sell Artwork

GRESHAM & GRAHAM: Amends Plan Outline, Hearing Moved to March 22
H MELTON VENTURES: Trustee Selling All Assets of Courtyard Villa
HCR MANORCARE: To File Chapter 11 With QCP-Backed Plan
HIGH PLAINS: March 28 Plan Confirmation Hearing
HOLLYWOOD ONE: $145K Sale of Aberdeen Condo Unit 105 Approved

INTREPID POTASH: Narrows Net Loss to $22.9 Million in 2017
J. CIOFFI LEASING: April 3 Disclosures, Plan Confirmation Hearing
JBS USA: Moody's Hikes $900MM Notes Rating to B2; Outlook Negative
JET MIDWEST: March 8 Meeting Set to Form Creditors' Panel
JOSEPH HEATH: Groveton Woods Condo Unit to Be Sold for $365K

JOSEPH HEATH: Mount Zephyr Commons to Be Sold for $553K
LAURELS MEDICAL: Case Summary & 20 Largest Unsecured Creditors
LAYNE CHRISTENSEN: Files Updated 2017 Annual Report
LSB INDUSTRIES: Swings to $59.4 Million Net Loss in 2017
MARRONE BIO: PRIMECAP Management Has 8.37% Stake as of Dec. 31

MCHYL ENTERPRISES: Case Summary & 16 Unsecured Creditors
MEDOVEX CORP: Securities Delisted from Nasdaq
NEXT LISTING: Wants Exclusive Plan Filing Extended Through Aug. 1
ORANGE ACRES: Ongoing Talks Delay Filing of Plan
PENICK PRODUCE: March 7 Plan Confirmation Hearing

PHILADELPHIA HAITIAN: Case Summary & 12 Unsecured Creditors
PIONEER ENERGY: Provides Operations & Recent Developments Update
PREMIUM POINT: Chapter 15 Case Summary
QUADRANT 4: March 20 Hearing on Residual Software Platforms Sales
RAEISI GROUP: Case Summary & Unsecured Creditor

SAMUEL WYLY: $68K Sale of Arlington Stoneridge Interest Okayed
SCIENTIFIC GAMES: Incurs $242.3 Million Net Loss in 2017
SEARS FARM: Case Summary & 19 Largest Unsecured Creditors
SHAMROCK ROOFING: March 28 Plan Confirmation Hearing
SHIEKH SHOES: Store Closing Sales at 45 Locations Approved

SKYLINE RIDGE: Voluntary Chapter 11 Case Summary
SOLARWORLD AMERICAS: Obtains Additional $5M Loan for Operations
SOUTHCROSS ENERGY: Incurs $67.6 Million Net Loss in 2017
SPANISH BROADCASTING: Bluestone Holds 14.5% Stake as of March 1
TAKATA CORP: Files Sale Plan With Tokyo Court

TO YOUR HEALTH: Case Summary & 20 Largest Unsecured Creditors
TOYS R US: UK Unit Goes Into Administration
TRIDENT BRANDS: Delays Fiscal 2017 Form 10-K
UNSET PARTNERS: March 8 Status Conference Hearing on Sale Terms
VALLEY VIEW: Ex-Judge Peck, Now at MoFo, Comments on Clawback Case

VALLEY VIEW: Kleinberg Attorneys Comment on Clawback Case
W&T OFFSHORE: Swings to $79.7 Million Net Income in 2017
WHOLE ENERGY: Case Summary & 11 Unsecured Creditors
WORD INTERNATIONAL: Unsecureds to Recoup 100% Over 60 Months
YANKEE CLIPPER: Case Summary & 20 Largest Unsecured Creditors

[*] Alan Friedman Joins Shulman Hodges' Chapter 11 Practice
[^] BOND PRICING: For the Week from Feb. 26 to March 2, 2018

                            *********

ACER THERAPEUTICS: CEO Will Get an Annual Base Salary of $400,000
-----------------------------------------------------------------
The Board of Directors of Acer Therapeutics Inc. has approved a
form of employment agreement for the Company's executive officers,
and the Company's wholly owned subsidiary entered into individual
agreements with each of Chris Schelling, the Company's president
and chief executive officer; William Andrews, the Company's chief
medical officer; and Harry Palmin, the Company's chief financial
officer.

    Name              Title              Base Salary  Target Bonus
    ----              -----              -----------  ------------
    
Chris Schelling    President & CEO        $400,000        50%
William Andrews   Chief Medical Officer   $400,000        35%
Harry Palmin      Chief Financial Officer $340,000        35%

Pursuant to the individual's employment agreement, each executive
is compensated at the annual base rate and is eligible to receive
an annual discretionary cash bonus of up to the target bonus
percentage shown above of his base salary per 12-month period,
based upon the achievement of corporate objectives established from
time to time by the Company's Board of Directors.  In addition,
each executive receives the Company's standard benefits and
insurance coverage as generally provided to its employees. Each
executive's employment is at-will and he serves as an executive
officer at the discretion of the Company's Board of Directors.

In the event the executive's employment is terminated by the
Company without Cause or due to a Constructive Termination, in each
instance during the period commencing one month prior to a Change
in Control and terminating 12 months after such Change in Control,
the executive will be entitled to (i) a payment, less applicable
taxes and withholdings, equal to his then-current base salary for a
period of 12 months plus (ii) 1x times his annual discretionary
target bonus calculated for that period.  In the event the
executive's employment is terminated by the Company without Cause
or due to a Constructive Termination occurring outside of a Change
in Control Period, the executive will be entitled to a payment,
less applicable taxes and withholdings, equal to his then-current
base salary for a period of 12 months.  The executive would receive
any such payment in the form of a lump sum 60 days following such
termination of employment.  In addition, whether in the context of
a Change of Control or otherwise, (x) if the executive elects to
continue his health insurance coverage under COBRA, then the
Company will reimburse the executive for the same portion of the
executive's monthly premium over such 12-month period as the
Company is then paying for health insurance coverage for active
employees, and (y) to the extent not otherwise addressed by any
equity-based compensation arrangements, the executive will be
entitled to 12 months of credited vesting beyond the employment
termination date for any outstanding equity-based awards.  The
severance benefits are subject to the executive having been
continuously employed through the termination event as well as
executing and delivering a general release and waiver of claims in
favor of the Company.  The timing of any payments to the executive
under the employment agreement are subject to applicable
requirements of Section 409A of the Internal Revenue Code of 1986
and the related Treasury Regulations and may be delayed or reformed
to comply with such provisions.  In the event any payment or
benefit the executive might be entitled to receive would constitute
a "parachute payment" under Section 280G of the Internal Revenue
Code, such payment or benefit will be reduced so as not to trigger
excise tax under Section 4999 of that Code.

                     About Acer Therapeutics

Headquartered in Newton, MA, Acer Therapeutics, Inc. --
http://www.acertx.com/-- is a pharmaceutical company focused on
the acquisition, development and commercialization of therapies for
patients with serious rare and ultra-rare diseases with critical
unmet medical need.  Acer's late-stage clinical pipeline includes
two candidates for severe genetic disorders for which there are few
or no FDA-approved treatments: EDSIVO (celiprolol) for vEDS, and
ACER-001 (a fully taste-masked, immediate release formulation of
sodium phenylbutyrate) for urea cycle disorders (UCD) and Maple
Syrup Urine Disease (MSUD).  There are no FDA-approved drugs for
vEDS and MSUD and limited options for UCD, which collectively
impact more than 4,000 patients in the United States.  Acer's
product candidates have clinical proof-of-concept and mechanistic
differentiation, and Acer intends to seek approval for them in the
U.S. by using the regulatory pathway established under section
505(b)(2) of the Federal Food, Drug, and Cosmetic Act, or FFDCA,
that allows an applicant to rely for approval at least in part on
third-party data, which is expected to expedite the preparation,
submission, and potential approval of a marketing application.

On Sept. 19, 2017, Acer Therapeutics Inc. completed the merger with
Opexa Therapeutics, Inc., under which the stockholders of Acer
(including investors in a financing that closed concurrently with
the merger) become holders of 88.8% of combined company's
outstanding common stock, with Opexa shareholders retaining 11.2%.

Opexa incurred a net loss of $7.98 million for the year ended Dec.
31, 2016, compared to a net loss of $12.01 million for the year
ended Dec. 31, 2015.  As of Sept. 30, 2017, the Company had $17.01
million in total assets, $2.25 million in total liabilities and
$14.76 million in total stockholders' equity.

Malonebailey, LLP -- http://www.malonebailey.com/-- in Houston,
Texas, issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2016, citing that
the Company has incurred recurring losses, negative operating cash
flows and an accumulated deficit that raise substantial doubt about
its ability to continue as a going concern.

Acer Therapeutics said in its quarterly report for the period ended
Sept. 30, 2017, that the Company has experienced recurring losses
since inception.

"The Company plans to raise capital through equity and/or debt
financings.  There is no assurance, however, that the Company will
be able to raise sufficient capital to fund its operations on terms
that are acceptable, or that its operations will ever be
profitable.
  
"There is substantial doubt about the Company's ability to continue
as a going concern within one year after the date that the
accompanying financial statements are available to be issued and
these financial statements do not include any adjustments relating
to the recoverability of recorded asset amounts that might be
necessary as a result of the above uncertainty.  Based on available
resources, the Company believes that its cash and cash equivalents
currently on hand are sufficient to fund its anticipated operating
and capital requirements through the first half of 2018."


ALL SOD NURSERY: Hearing on Plan Confirmation Set for March 21
--------------------------------------------------------------
Judge Caryl E. Delano of the U.S. Bankruptcy Court for the Middle
District of Florida issued an order conditionally approving All Sod
Nursery, Inc.'s disclosure statement to accompany its chapter 11
plan.

Any written objections to the Disclosure Statement must be filed
with the Court and served no later than seven days prior to the
date of the hearing on confirmation.

The Court will conduct a hearing on confirmation of the Plan on
March 21, 2018 at 10:30 a.m. in Ft. Myers, FL - Room 4−117,
Courtroom E, United States Courthouse, 2110 First Street.

Parties in interest must submit their written ballot accepting or
rejecting the Plan no later than eight days before the date of the
Confirmation Hearing.

Objections to confirmation must be filed with the Court and served
no later than seven days before the date of the Confirmation
Hearing.

                   About All Sod Nursery Inc.

All Sod Nursery, Inc. operates a nursery located in Naples,
Florida, where young, premature plants, shrubs and trees are grown
until maturity and then offered for sale to the public.  In
addition to these products, the Company also sells sod and mulch to
landscaping companies for larger projects.

All Sod Nursery primarily operates out of its 4701 Radio Road
location which acts as a "pick-up" retail location at which the
plants, shrubs, trees, sod and mulch are sold.  It provides
delivery from this location for larger purchases.  In addition to
the Radio Road location, All Sod Nursery also utilizes land located
at 1150 Pheasant Roost Trail, Naples, Florida, where it grows the
plants, shrubs and trees until they are mature and ready for sale.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 17-07361) on August 21, 2017.  At
the time of the filing, the Debtor estimated assets and liabilities
of less than $1 million.

Judge Caryl E. Delano presides over the case.  Dal Lago Law
represents the Debtor as bankruptcy counsel.


APEX XPRESS: March 5 Meeting Set to Form Creditors' Panel
---------------------------------------------------------
Andy Vara, United States Trustee for Region 3, will hold an
organizational meeting on March 5, 2018, at 10:00 a.m. in the
bankruptcy cases of Apex Xpress, Inc. aka Apex.

The meeting will be held at:

               United States Trustee's Office
               One Newark Center, 1085 Raymond Blvd
               21st Floor, Room 2106
               Newark, NJ 07102

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

                      About Apex Xpress

Apex Xpress, Inc., formerly known as Apex Trucking, provides
transportation services. The Company offers copier, car, and
motorcycle transportation services, as well as warehousing, copier
installation, prepping, flatbed and building services. The Company
has locations in Secaucus, New Jersey, Brooklyn, Maryland and
Brockton, Massachusetts.  

Apex Xpress Inc. filed for bankruptcy protection (Bankr. N.J., Case
No. 18-13134) on February 16, 2018.  The petition was signed by
Robert M. Cerchione, president.  Hon. Stacey L. Meisel presides
over the case.  Saul Ewing Arnstein & Lehr LLP represents the
Debtor. The Debtor estimated assets of $1 million to $10 million,
and liabilities of $10 million to $50 million.


ARROWHEAD RV: RVC USA Buying Marianna Property for $2.2 Million
---------------------------------------------------------------
Arrowhead RV Sales, Inc., asks the U.S. Bankruptcy Court for the
Northern District of Florida, to authorize the sale of its entire
business interest in (i) 0.54 acre tract including a convenience
store and restaurant Jackson County Tax Parcel number
12-4N-10-0000-0260-0011, 4820 Highway 90, Marianna, Jackson County,
Florida, titled to Arrowhead RV Sales, Inc.; (ii) 1.256 acres of
realty including a rental house, shop building, and storage units
Jackson County Tax Parcel number 12-4N-10-0000-0270-0020, 4820
Highway 90, Marianna, Jackson County, Florida titled to Arrowhead
RV Sales, Inc.; (iii) 21.23 acre commercial tract with 6 rental
cabins and a laundry facility Jackson County Tax Parcel number
12-4N-10-0000-0260-0010, 4820 Highway 90, Marianna, Jackson County,
Florida titled to Arrowhead Campsites, Inc.; along with all
appurtenant rental trailers, commercial fixtures, and convenience
store and restaurant equipment and inventory to RVC USA Management
USA, LLC or assigns for $2,150,000.

The Debtor is the owner of the Property.  It is in the best
interest of the estate and of all the creditors that the Property
be sold to the proposed purchaser.  The Debtor believes that it has
negotiated a fair price for the sale.

The Debtor and the Buyer have entered into Buy-Sell Agreement for
the sale of the Property for $2,150,000, with $100,000 deposit.
The sale will be free and clear of any liens in order to give clear
title to the Buyer.  Any valid lien will attach to the proceeds of
the sale.

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

   http://bankrupt.com/misc/Arrowhead_RV_67_Sales.pdf

Proceeds from the sale will be distributed as follows: (i) first to
The Naumann Group Real Estate, Inc., which is entitled to 7% of the
gross proceeds, in the amount of $150,500; (ii) then to any unpaid
property taxes; next to the mortgage holder, PeoplesSouth Bank, in
satisfaction of its lien rights; and (ii) then the remaining
balance to the remaining creditors of the Debtor including the
Internal Revenue Service and the Florida Department of Revenue,
until all debts are paid in full; and any remaining balance to the
shareholder of the Debtor.

Counsel for Debtor:

          Allen P. Turnage, Esq.
          P.O. Box 15219
          Tallahassee FL 32317
          Telephone: (850) 224-3231
          Facsimile: (850) 224-2535
          E-mail: service@turnagelaw.com

                    About Arrowhead RV Sales

Based in Marianna, Florida, Arrowhead RV Sales Inc. provides
recreational vehicles and camping supplies products.  The Company
offers cabin rentals, boat ramp, tent sites, open fires, and
fishing pier services.

Arrowhead RV Sales filed a Chapter 11 petition (Bankr. N.D. Fla
Case No. 17-40518) on Nov. 17, 2017.  The Debtor estimated $500,001
to $1 million in total assets and $1,000,001 to $10 million in
total liabilities.  The Karen K. Specie presides over the case.
Allen Turnage at Allen Turnage, P.A., is the Debtor's counsel.  The
Debtor tapped Naumann Group Real Estate, Inc. as realtor.


AVENUE SHOPPES: May 7 Plan Confirmation Hearing
-----------------------------------------------
Judge Karen S. Jennemann of the U.S. Bankruptcy Court for the
Middle District of Florida conditionally approved the disclosure
statement explaining Avenue Shoppes, LLC's plan of reorganization.

An evidentiary hearing will be held on May 7, 2018, at 10:00 AM, to
consider and rule on the disclosure statement and any objections or
modifications and, if the Court determines that the disclosure
statement contains adequate information within the meaning of 11
U.S.C. Section 1125, to conduct a confirmation hearing, including
hearing objections to confirmation, 11 U.S.C. Section 1129(b)
motions, applications of professionals for compensation, and
applications for allowance of administrative claims.

The hearing may be adjourned from time to time by announcement made
in open Court without further notice.

Any party desiring to object to the disclosure statement or to
confirmation must file its objection no later than seven days
before the date of the Confirmation Hearing.

                     About Avenue Shoppes

Avenue Shoppes, LLC, is a privately held company in Windermere,
Florida, engaged in the business of real estate leasing. The
company's principal assets are located at 8204 Crystal Clear Lane
Orlando, Florida.

Avenue Shoppes previously sought bankruptcy protection (Bankr. M.D.
Fla. Case No. 11-02836) on March 1, 2011.  The company is an
affiliate of International Shoppes, LLC, which also filed for
Chapter 11 bankruptcy protection (Bankr. M.D. Fla. Case No.
17-07549) on Dec. 4, 2017.

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

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Avenue Shoppes, LLC as of Jan.
8, according to a court docket.


BACHRACH: Closes Remaining Stores Following Bankruptcy Filing
-------------------------------------------------------------
Bachrach is closing its doors after 140 years, presenting menswear
shoppers with the opportunity to have the renowned "Bachrach look"
at discounts of up to 50 percent off.  All told, millions of
dollars in stylish, high-end inventory­signature Bachrach suits,
shirts, pants, accessories and more­are available at 14
store-closing sales across eight states, as well as at Great
American Group and Tiger Group are conducting the liquidations on
behalf of the retailer's creditors.

The Los Angeles-based chain had briefly emerged from bankruptcy
after an earlier round of store closures, but filed for Chapter 11
again on Feb. 16, 2018 (Bankr. C.D. Cal. Case No. 18-bk-11744).

Scott Carpenter, President of GA Retail Solutions, noted that
Bachrach, which was founded in 1877, is a historic retailer with a
specific style and top-notch customer service.  "Its loyal
clientele associates the name not only with menswear of exceptional
quality and style, but also with highly-trained salespeople who are
adept at helping them look their best," he said.  "You walk into
Bachrach and they put together an entire outfit for you, right down
to the tie pin and the pocket square."

The store closings are underway at malls and other retail
properties in Texas, Virginia, New Jersey, Tennessee, Michigan,
Wisconsin, Indiana and Illinois.  A full list of stores is
available at https://www.bachrach.com/store-locator

The inventory being sold includes double-breasted, slim-fit,
modern-fit and three-piece suits; dress shirts, sport shirts and
sweaters; dress and casual pants; denim and jeans; coats, blazers
and vests; and accessories such as ties, label pins, cufflinks and
pocket squares, most of which are from the Bachrach brand.
"Bachrach is well-known for the way it balances universal appeal
while always staying edgy," Mr. Carpenter said.  "All of the
elements of Bachrach's signature look, from boutonnieres to
blazers, are available."

Best known in the Midwest, the chain had at one time operated 32
stores.  "Margins in the menswear sector have been shrinking due to
declining foot traffic at malls, stiff competition from e-commerce
retailers and significant shifts in consumer spending patterns,"
Mr. Carpenter noted.  "Unfortunately, Bachrach's store locations
were unable to survive these competitive pressures, despite its
strengths, such as high-quality merchandise and customer service."

Furniture, fixtures and equipment in the 14 stores are also
available for purchase.  Online shoppers will also find discounts
of up to 50 percent off at Bachrach.com for approximately the next
four to six weeks.

                    About B&B Bachrach LLC

Founded in 1877, the Bachrach -- http://www.bachrach.com/-- was
founded by Henry Bachrach, who opened a single store in Decatur,
Illinois, called "Cheap Charley" to serve the growing population of
professional gentlemen who were settling in and developing the
Midwest at the time.  In 1910, the name of the Company was changed
to Bachrach when the word "cheap" started to take on connotations
beyond merely a bargain.

Over the next century Bachrach evolved as a purveyor of fine men's
clothing, becoming a brand widely recognizable across not only the
Midwest, but throughout the United States.  Bachrach promotes its
brand as a menswear experience based upon a European fashion
aesthetic, superior customer service and an emphasis on lasting
customer relationships.  

B&B Bachrach, LLC, doing business as the Bachrach, sought Chapter
11 protection (Bankr. C.D. Cal. Case No. 17-15292), on April 28,
2017.  In the petition signed by Brian Lipman, managing member, the
Debtor estimated assets and liabilities ranging from $10 million to
$50 million.  

The case is assigned to Judge Neil W. Bason.

The Debtor is represented by Brian L Davidoff, Esq., at Greenberg
Glusker Fields Claman Machtinger LLP.  Solid Asset Solutions LP,
serves as the Debtor's liquidation consultant.  Grobstein Teeple,
LLP has been tapped as financial advisor.

On May 18, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee retained
Pachulski Stang Ziehl & Jones LLP as its legal counsel.


BENDCO INC: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Bendco, Inc.
        801 Houston Avenue
        Pasadena, TX 77502

Business Description: Bendco, Inc. -- http://www.bendco.com--
                      is a family-owned business that provides
                      heat induction bending, cold bending and
                      coiling services.  For more than 30 years,
                      the Company has offered custom bends and
                      coils for a wide variety of industries
                      including stadiums, roller coasters,
                      bridges, pipeline and subsea structures.
                      The Company is headquartered in Pasadena,
                      Texas.

Chapter 11 Petition Date: February 28, 2018

Case No.: 18-30849

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

Judge: Hon. David R Jones

Debtor's Counsel: Richard Lee Fuqua, II, Esq.
                  FUGUA & ASSOCIATES, P.C.
                  5005 Riverway, Ste. 250
                  Houston, TX 77056
                  Tel: 713-960-0277
                  E-mail: fuqua@fuqualegal.com
                          rlfuqua@fuqualegal.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by John Tharp, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at:

     http://bankrupt.com/misc/txsb18-30849_creditors.pdf

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

           http://bankrupt.com/misc/txsb18-30849.pdf


BENITEZ GONZALEZ: June 5 Plan Confirmation Hearing Set
------------------------------------------------------
Judge Enrique S. Lamoutte Inclan of the U.S. Bankruptcy Court for
the District of Puerto Rico has approved the disclosure statement
explaining Benitez Gonzalez & Asociados SE's plan of liquidation
after determining that the Disclosure Statement contains "adequate
information" as that term is defined in 11 U.S.C. Section 1125.

A hearing for the consideration of confirmation of the Plan and
objections as may be made to the confirmation of the Plan will be
held on June 5, 2018 at 10:00 a.m.

As previously reported by The Troubled Company Reporter, the
liquidation plan proposed by Wigberto Lugo-Mender, the Chapter 11
Trustee of the Debtor, will pay class 3 general unsecured creditors
a lump sum payment corresponding to the allowed amount of their
claims from the carve-out proceeds deposited in the Chapter 11
Trustee estate account.  Each member of Class 3 holding an allowed
claim will receive a lump sum distribution within 30 days from the
effective date, as per the Schedule Payments under the Plan of
Reorganization

The aggregate dividend under this class is limited to $20,000, as
this will be the maximum carve-out amount approved by BSLP Funding
LLC in the Plan of Liquidation for unsecured creditors. This class
is not impaired.

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

         http://bankrupt.com/misc/prb15-05940-11-137.pdf

                     About Benitez Gonzalez

Benitez Gonzalez & Asociados, SE, a special partnership, owns a
multi-residential project consisting of 122 residential dwellings
located at Arroyo, Puerto RIco.  The residential units are leased
through a federal reimbursement program to the Municipality of
Arroyo.

Benitez Gonzalez & Asociados, SE filed for Chapter 11 bankruptcy
protection (Bankr. D.P.R. Case No. 15-05940) on Aug. 4, 2015.  In
its petition signed by Manuel E. Benitez Gonzalez, managing
partner, the Debtor indicated $5.5 million in total liabilities.  

Charles Alfred Cuprill, Esq., served as bankruptcy counsel to the
Debtor.

On Oct. 28, 2015, a motion was filed by the U.S. Trustee seeking
the appointment of Wigberto Lugo-Mender as Chapter 11 Trustee.
After certain procedural matters raised by the principal secured
creditor of this estate, on Dec. 3, 2015, the Court entered order
granting the appointment of the Chapter 11 Trustee.

The Chapter 11 Trustee:

         Wigberto Lugo-Mender, Esq.
         Chapter 11 Trustee/ Attorney for the Estate
         100 Carr. 165 Suite 501
         Guaynabo, P.R. 00968-8052
         Tel: (787) 707-0404
         Fax: (787) 707-0412
         E-mail: wlugo@lugomender.com


BERLEY ASSOCIATES: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor: Berley Associates, Ltd
        237 South Street
        Morristown, NJ 07960

Business Description: Berley Associates, Ltd. lists its business
                      as Single Asset Real Estate (as defined
                      in 11 U.S.C. Section 101(51B)).  The Company
                      previously sought bankruptcy proteciton on
                      Sept. 5, 2012 (Bankr. D.N.J. Case No. 12-
                      32032).  It is an affiliate of Pazzo Pazzo,
                      Inc., which also filed a bankruptcy
                      petition under Chapter 11 of the Bankruptcy
                      Code on Feb. 23, 2018 (Bankr. D.N.J.
                      Case No. 18-13516).

Chapter 11 Petition Date: February 28, 2018

Case No.: 18-13914

Court: United States Bankruptcy Court
       District of New Jersey (Newark)

Judge: Hon. John K. Sherwood

Debtor's Counsel: Lawrence Berger, Esq.
                  BERGER & BORNSTEIN, LLC
                  237 South Steet
                  PO Box 2049
                  Morristown, NJ 07962-2049
                  Tel: (973) 993-8600
                  E-mail: lberger@uslandresources.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Lawrence S. Berger, president.

The Debtor failed to incorporate in the petition a list of its 20
largest unsecured creditors.

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

          http://bankrupt.com/misc/njb18-13914.pdf


BOEGEL FARMS: Proposes an Auction Sale of Kansas Real Properties
----------------------------------------------------------------
Boegel Farms, LLC, and its debtor-affiliates ask the U.S.
Bankruptcy Court for the District of Kansas to authorize the
auction sale of their real properties located in (i) Kearny County,
Kansas, consisting of the two remaining quarters pledged to
Security State Bank ("SSB"), consisting of 320 acres; and (ii) in
Greeley and Wichita Counties, Kansas currently pledged to RABO
AgriFinance, LLC, consisting of approximately 7,200 acres to be
conducted by Hutcheson Real Estate & Auction Co., Inc.

The Debtors believe that it is in the best interest of their
bankruptcy estate and their creditors to sell the Kearny Property
free and clear of liens and encumbrances.  The proceeds from the
auction will first be applied to auctioneer fees, ordinary costs of
sale, closing costs, recording costs, unpaid and pro rata real
property taxes, and U.S. Trustee fees (on account of any sales in
2018). Any remaining funds will be paid directly to SSB.

The description of said real property to be auctioned is (i) East
Half of S13-T23-R38, Kearny County, Kansas, consisting 320 acres.
This property is owned by Warren L. Boegel Trust UTA 2-07-07
("Revocable Trust"), Warren Boegel, Trustee.

In addition, the Debtors believe that it is in the best interest of
their bankruptcy estate and their creditors to sell the Greeley and
Wichita Counties Properties free and clear of all liens and
encumbrances.  The proceeds from the auction will first be applied
to auctioneer fees, ordinary costs of sale, closing costs,
recording costs, unpaid and pro rata real property taxes, and U.S.
Trustee fees (on account of any sales in 2018).  Any remaining
funds will be paid directly to Rabo.

The description of said real property to be auctioned is as
follows:

     a. Tract 1: (i) All of S30-T18-R38, Wichita County, Kansas
(640 acres); and (ii) North Half of S31-T18-R38, Wichita County,
Kansas (320 acres);

     b. Tract 2: (i) South Half of S29-T18-R38, Wichita County,
Kansas (320 acres); (ii) All of S32-T18-R38, Wichita County, Kansas
(640 acres); and (iii) North Half of S5-T19-R38, Wichita County,
Kansas (320 acres);

     c. Tract 3: (i) All of S28-18-38, Wichita County, Kansas (640
acres); (ii) Northwest Quarter of S33-T18-R38, Wichita County,
Kansas (160 acres); and (iii) South Half of S33-T18-R38, Wichita
County, Kansas (320 acres);

     d. Tract 4: Southwest Quarter of S6-T19-R38, Wichita County,
Kansas (160 acres);

     e. Tract 5: Northeast Quarter of S18-T19-R38, Wichita County,
Kansas (160 acres);

     f. Tract 6: North Half of S23-T19-R38, Wichita County, Kansas
(320 acres);

     g. Tract 7: Northeast Quarter of S20-T19-R38, Wichita County,
Kansas (160 acres);

     h. Tract 8: (i) Northwest Quarter of S30-T19-R38, Wichita
County, Kansas (160 acres); and (ii) Southeast Quarter of
S30-T19-R38, Wichita County, Kansas (160 acres);

     i. Tract 9: All of S33-T20-R38, Wichita County, Kansas (640
acres);

     j. Tract 10: Northeast Quarter of S11-T19-R39, Greeley County,
Kansas (160 acres);

     k. Tract 11: (i) South Half of S34-T19-R39, Greeley County,
Kansas (320 acres); and (ii) All of S3-T20-R39, Greeley County,
Kansas (640 acres); and

     l. Tract 12: (ii) All of S2-T20-R39, Greeley County, Kansas
(640 acres); and (ii) South Half of S35-T19-R39, Greeley County,
Kansas (320 acres).

There are no currently producing mineral rights on the Properties.
Mineral rights, if any, will not be sold with the Properties; such
rights will remain with the applicable Debtor.  

The net proceeds from the portion of the Property identified will
be delivered to Rabo only up to the amount remaining due on Rabo's
allowed secured claim, with the excess, if any, being delivered to
the bankruptcy estate.

     a. In determining the amount remaining due on Rabo's allowed
secured claim, such claim will consist of the amounts owed on Claim
Nos. 2 and 3 filed in Case No. 17-10222 as of the Petition Date in
the aggregate amount of $14,321,675 ($1,517,123 on Claim No. 2 plus
$12,804,553 on Claim No. 3), plus interest on the unpaid principal
balance of Claim Nos. 2 and 3 and attorney's fees accruing
thereafter from the Petition Date until the date sales proceeds are
delivered to Rabo from the sale of the Property, less payments made
to Rabo since the Petition Date.

     b. With respect to the calculation of post-petition interest
on Claim Nos. 2 and 3, the parties stipulate and agree that
conditioned upon full compliance by the Debtors with their
obligations under this Motion and any Order Granting the Motion,
interest will accrue on Rabo's allowed secured claim from the
Petition Date through Jan. 5, 2018 on the unpaid principal balance
of Claim Nos. 2 and 3 at the applicable contract interest rates of
interest related to those claims, plus one-half of the additional
interest rate allowed as "default rate" interest under the
contract.  From and after Jan. 6, 2018, interest will accrue on the
unpaid principal balance of Claim Nos. 2 and 3 at the contract rate
of interest without any default interest accruals.  The attorney's
fees for Rabo to be paid by the Debtors through the sale of their
real estate assets also will not be greater than $100,000 through
March 31, 2018, also conditioned on the Debtors being in full
compliance with the terms of this Motion and any Order granting the
Motion.  The counsel for Rabo will provide itemized billing
statements supporting such fees to the Debtors' counsel not later
than April 15, 2018, subject to appropriate redactions as are
necessary to protection attorney-client privilege.

     c. After the completion of the sale, and unless Rabo's allowed
secured claims is paid in full from the proceeds of sale, Rabo will
continue to retain its lien on and security interest in its
remaining collateral, including but not limited to its lien on the
$400,000 hold back currently on deposit in Hinkle Law's trust
account and its lien on the South Half of S14-T27-R38, Grant
County, Kansas (287 acres).  In the event that Rabo's allowed
secured claim is not paid in full from the sale of the 7200 acres
identified, Rabo will also be granted as additional collateral in
addition to its existing collateral a second priority security
interest in the Debtors' machinery, equipment, crops, and other
farm products, and all proceeds therefrom, currently encumbered by
the lien of SSB.  Any such deficiency will continue to accrue
interest at the contract rate.  The remaining deficiency balance
will be paid as set forth.  In the event that the proceeds from the
sale of the Properties exceed the amount necessary to pay Rabo's
allowed secured claim in full, any remaining proceeds will be paid
to Boegel Farms, LLC, to be utilized as set forth.

The Debtors ask Court approval to hold a public auction in order to
sell the Properties to be conducted by Hutcheson.  They ask
approval of their Contract with Hutcheson.  The auction will be
conducted not later than March 31, 2018, with closing to occur not
later than April 30, 2018.  Pursuant to the Contract, Hutcheson
will receive a commission of 2.5% of the auction price, which will
be deducted from the sales proceeds.  

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

   http://bankrupt.com/misc/Boegel_Farms_226_Sales.pdf

Pro rata taxes and recording fees associated with filing copies of
bankruptcy filings will be paid by the Debtors out of the sale
proceeds.  All title insurance, title examination, escrow or
settlement, and any other recording fees will be paid by the
successful bidder at auction.  The auction will have no reserve,
although SSB and Rabo will retain their credit bid rights against
all or any portion of their collateral and, if either party
exercises those rights and is the successful bidder for their
collateral, they will be required to pay at closing the commissions
owed to Hutcheson and pro rata taxes and recording fees that the
Debtors would otherwise pay at closing. The Property will be sold
subject to the Debtors' rights to continue growing and harvesting
the crops currently in the ground, which will all be harvested not
later than July 31, 2018.

In the event that the Debtors obtain either (i) an offer to
purchase the Properties on terms that are mutually acceptable to
the Debtors, SSB, and Rabo, or (ii) an unconditional and
irrevocable loan commitment from a bona fide lender that is
acceptable to the Debtors, SSB and Rabo and that is in an amount
sufficient to pay Rabo and SSB in full by no later than April 30,
2018, the auction may be cancelled.  Such a purchase offer or loan
commitment must be received not later than March 10, 2018 in order
to provide Hutcheson with sufficient opportunity to advertise the
cancellation of the auction.

The deadlines set forth for the date of the auction and the closing
of the sale may be extended by mutual agreement of the Debtors,
SSB, and Rabo without further order of the Court.  Upon the closing
of the sale of the Property, SSB will withdraw its Motion to
Appoint Trustee.

In the event that the net proceeds from the sale of the Properties
exceed the amount necessary to pay Rabo's allowed secured claim in
full, the Debtors will first pay any administrative expenses then
outstanding in the case, including but not limited to fees of the
United States Trustee that may be owed on account of the
distribution of proceeds from the sales of assets in 2018.
Thereafter, they will distribute any remaining net proceeds to SSB
and Smith Crop Consulting in a prorated amount vis a vis their
respective claims herein, up to the full remaining amount of their
claims.

The 7200 acres of real property serving as Rabo's collateral will
be auctioned in twelve separate tracks in the order set forth,
which has been targeted to generate the maximum possible revenue to
the estate in the discretion and professional judgment of
Hutcheson.  If the auction has generated sufficient proceeds to pay
the claims of Rabo, SSB, and Smith Crop Consulting in full, the
auction of the remaining tracts not yet sold, if any, may be
cancelled.

To the extent that the proceeds from the sale of the Property are
insufficient to repay the claims of SSB or Rabo in full, the
Debtors also will sell the South Half of S14-T27-R38, Grant County,
Kansas (287 acres) by auction no later than April 30, 2018, with
the auction to close no later than May 31, 2018.  Such auction will
be approved by an order granting the Motion on the same terms and
conditions set forth for the sale of the Properties, with the
exception of the date of the auction and the date of closing.  

Any remaining balance of the claims of SSB or Rabo will be paid in
full not later than Aug. 31, 2018 through liquidation of all
remaining collateral pledged to SSB and Rabo and through the
liquidation of any other nonexempt assets of the Debtors not
currently pledged to SSB or Rabo as will be necessary to pay the
claims of SSB and Rabo in full.  Such payment will be made using
funds on hand, proceeds from the sale of crops, proceeds from the
sale of machinery and equipment, loan proceeds, or any combination
thereof as may be available to the Debtors.

Any auction of machinery or equipment or other tangible assets will
be conducted by no later than July 31, 2018, with closing and
funding to occur by no later than Aug. 31, 2018.  Further, the
Debtors' use of cash collateral will continue to be in conformance
with all applicable orders of the Court, including the Court's
orders regarding the use of cash collateral as set forth in the
Agreed Order Extending Use of Cash Collateral and Exclusivity,
dated Sept. 27, 2017, and with the requirements described.  Upon
confirmation of a Chapter 11 plan, the Debtors' use of cash
collateral and other assets will comply in all respects with the
terms of the confirmed Chapter 11 plan.

Notwithstanding the foregoing Aug. 31, 2018 deadline to satisfy the
remainder of SSB's and Rabo's claims, the Debtors and Rabo
acknowledge that issues related to Warren Boegel's homestead,
including whether and when that homestead will be sold and the
terms of any restructuring of Rabo's claims against that asset, may
be modified by subsequent motion and order or a confirmed Chapter
11 plan, and all parties reserve their rights concerning the
homestead (except that that the Debtors' stipulate and agree that
Rabo has an unavoidable first priority lien on the $400,000
holdback and its lien against those funds will also attach to any
homestead purchased with the same validity and priority).

In the event that any deficiency remains owing to either Rabo or
SSB after the sale of the Property and the liquidation of their
other collateral and the liquidation of all remaining non-exempt
assets of the Debtors, both Rabo and SSB agree to release the
Debtors, Jack Boegel, Janice Boegel, and the Jack and Janice Boegel
Irrevocable Trust from any such remaining deficiency.  

There are no other liens against the Properties other than those
held by Rabo and SSB as set forth.  There also are no liens against
the South Half of S14-T27-R38, Grant County, Kansas (287 acres)
other than the consensual lien in favor of Rabo and statutory tax
liens.  The sale will be free and clear of liens, with liens to
attach to the proceeds of the sale.

The Debtors believe it is in the best interests of the bankruptcy
estate and their creditors to sell the Properties (as well as the
South Half of S14-T27-R38, Grant County, if necessary).  They
anticipate that the sale proposed will generate in excess of $13
million.  The remaining balances of the claims of Rabo, SSB, and
Smith Crop Consulting are less than $10.5 million.  As such, it is
very likely that the sale will retire all claims in these cases,
with the exception of certain equipment loans that are separately
collateralized.

Notwithstanding the approval of the Motion, the Debtors will
continue to be obligated by all existing orders of the Court,
including the Court's orders regarding the use of cash collateral.
Further, they stipulate and agree that until the allowed claims of
SSB and Rabo are paid in full, they will not use cash collateral
for the planting of any additional crops, and the Debtors' use of
cash
collateral for crop related activities will be limited to (a) the
use of cash collateral to liquidate all currently harvested crops
of the Debtor, and (b) the use of cash collateral to maintain,
harvest and thereafter liquidate the Debtors’ growing wheat
crops.

By no later than Feb. 28, 2018, the Debtors will either obtain
SSB's and Rabo's written consent to, or will file a motion for
approval of an order of the Bankruptcy Court approving, an updated
2018 crop budget which lists the authorized expenses related to
both the currently harvested crops and the Debtors' growing wheat
crops.

Upon confirmation of a Chapter 11 plan, the Debtors will be
obligated by the terms of the confirmed Chapter 11 plan.  They will
not propose a Chapter 11 plan in the case which is inconsistent
with the terms set forth regarding the treatment and payment of the
allowed claims of SSB and Rabo.

SSB is represented by:

          Bruce J. Woner, Esq.
          WONER, REEDER & GIRARD, P.A.
          P.O. Box 67689
          Topeka, KS 66667-0689
          Telephone: (785) 235-5330
          Facsimile: (785) 235-1615
          E-mail: woner@wrglaw.com

Rabo is represented by:

          Michael Johnson, Esq.
          RAY QUINNEY & NEBEKER, P.C.
          36 South State Street, Suite 1400
          Salt Lake City, UT 84111
          Telephone: (801) 323-3363
          Facsimile: (801) 532-7543
          E-mail: mjohnson@rqn.com

The Auctioneer:

          Shaun Hutcheson
          HUTCHESON REAL ESTATE & AUCTION CO.
          400 East Santa Fe Trail
          Lakin, KS 67860
          Telephone: (620) 355-7991
          Facsimile: (620) 355-7994
          E-mail: shaunhutcheson@hotmail.com

                       About Boegel Farms

Boegel Farms, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Kan. Case No. 17-10222) on Feb. 23,
2017, estimating its assets and debt at $10 million to $50 million.
The case is jointly administered with the bankruptcy cases of
Three Bo's, Inc. (Bankr. D. Kan. Case No. 17-10221) and Warren L.
Boegel and the Warren L. Boegel Trust UTA 2-07-07, Warren L.
Boegel,
Trustee (Bankr. D. Kan. Case No. 17-10224).

The petitions were signed by Jack Boegel, president.

The cases are assigned to Judge Robert E. Nugent.

David Prelle Eron, Esq. at Eron Law, P.A., is the Debtors' counsel.
GlassRatner Advisory & Capital Group LLC is the financial adviser.
Roger Schulz and Cathleen Mueller of Schulz and Leonard, P.C., are
the Debtors' accountant.  

No trustee has been appointed in the Debtors' cases.


BOSS LITHO: MKM Buying 2006 Heidelberg Speedmaster for $625K
------------------------------------------------------------
Boss Litho, Inc., asks the U.S. Bankruptcy Court for the Central
District of California to authorize the sale of its ownership
interest in its used 2006 Heidelberg Speedmaster 28" x 40"
six-color sheet fed Printing Press sin 547250 Model 102-6-p3+1 to
MKM Importers, Inc. for $625,000.

The Debtor asks that the Court set a hearing on the Motion on
shorten notice for March 8, 2018 at 8:30 a.m.

The Property no longer provides any benefit to the estate because
the Debtor no longer requires the Property to perform its business.
Therefore, its immediate sale of the Property will result in a
significant reduction of administrative liability for the estate.

The sale of the Property to MKM will be free and clear of all,
liens, claims and interests.  The Debtor believes that the Purchase
Price maximizes the value of the Property to the estate.  The Buyer
will pay a total of $625,000 and will make a deposit of $20,000.
The Property will be sold by MKM to The Department of Justice
(i.e., UNICOR, Federal Prison Industries, Inc.).  DOJ intends to
inspect the Property on Feb. 28, 2018.  If acceptable, the DOJ will
want delivery as soon as possible.

Due to the logistics involved in dismantling, transporting and then
reassembling the Property at the appropriate DOJ facility in
Hopewell, Virginia, MKM, and DOJ requires ownership of the Property
(free and clear of all liens and encumbrances) no later than March
10, 2018.  The full terms of the sale of the Property are set forth
in the Purchase Agreement.

The sale of the Property will not be subject to any overbid
procedure due to the terms and logistics of the Sale, and extensive
time on the market.  In addition, the Sale will be noticed to all
creditors and the Debtor has contacted at least 2 potential
additional purchasers postpetition (who are brokers/liquidators)
who have no interest in overbidding.  The Debtor bought this
machine live years ago for approximately $700,000 and is selling it
for $625,000, and believes that similar machines on the market are
for sale at approximately $450,000.  The Property was bought for a
very good price by the Debtor, and has low mileage, and thus, that
is why the Debtor can get a premium on the Purchase Price.  The
Debtor contends that an overbid process would likely result in no
better return to the bankruptcy estate than going forward with the
Sale.

The Property will be sold free and clear of all liens, claims and
encumbrances.  The Debtor believes that Bank of Hope through
BancLeasing asserts a first priority purchase money lien on the
Property in the amount of $195,066.  An email dates Feb. 14, 2017
from BancLeasing indicates that the payoff on the Heidelberg is in
the amount of $195,066.  That amount will be paid from the proceeds
of the Sale.  If Bank of Hope disputes that amount, or any other
party asserts liens on the Property, the Debtor will maintain the
Sale proceeds in a segregated account for at least 30 days and will
only disperse the proceeds to its general account once that amount
is determined and resolved.  Therefore, the Debtor asks that the
Court approves the Sale.

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

     http://bankrupt.com/misc/Boss_Litho_58_Sales.pdf

The Purchaser:

          Michael Marino, President
          MKM IMPORTERS, INC.
          152 Rockwell Road
          Newington, CT 06111
          Telephone: (860) 665-7885
          Facsimile: (860) 665-7831

                      About Boss Litho Inc.

Boss Litho, Inc. -- http://bosslitho.com-- is a printing and
packing company located in the City of Industry, California.

Boss Litho sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Cal. Case No. 18-11454) on Feb. 9, 2018.  In the
petition signed by Jean Paul Nataf, president, the Debtor estimated
assets and liabilities of $1 million to $10 million.  Judge Sandra
R. Klein presides over the case.  Kogan Law Firm, APC, is the
Debtor's counsel.


CANTRELL DRUG: Files for Temporary TRO v. FDA to Avert Closure
--------------------------------------------------------------
Dr. James L. McCarley, Jr., Founder and CEO of Cantrell Drug
Company, a 503B Registered Outsourcing Facility, on March 1
disclosed that his Company has filed for a Temporary Restraining
Order to prevent the FDA from shutting the Company down.  The
motion was filed in the United States Bankruptcy Court Eastern
District of Arkansas Little Rock Division.

Cantrell Drug Company, founded in 1952, provides sterile injectable
pharmaceuticals that are primarily used in hospitals.  These are
drugs that are either in short (sometimes critical) supply or ones
that require compounding in order to prepare the medication in a
final form for administering to patients.  Cantrell's products also
offer significant cost savings to hospitals who are under tight
budget constraints.

"My back is really against the wall," commented Dr. McCarley.  "The
FDA has inspected us twice in the last year and voiced concerns
about quality deficiencies that are strictly regulatory in nature
and not in response to any product problem or patient illness.  I
couldn't be a stronger advocate for the safety of patients
receiving our product.  Over the years, we've manufactured millions
of drug doses delivered to hundreds of hospitals and helped save
thousands of patients' lives.  My honest desire is to do things
right and fully comply with all the FDA's regulations.  I've
dedicated the last twelve months and most of my life's savings
trying to satisfy the Agency.  I even outsourced oversight of our
Quality Assurance and Quality Control (QA/QC) authority for batch
release to an expert third-party consulting firm.  I hired a senior
and seasoned QA/QC Director with years of experience working
specifically in the 503B field to work with our third-party
consultants and take the lead in documenting and communicating
fully and frequently with the FDA.  I had the facility and quality
systems inspected and re-inspected by several outside QA/QC
consulting firms.  Those independent experts concluded that we were
operating under a state of sufficient quality control for release
of safe product.  We have also implemented their suggestions for
improvements.  As one expert summarized in his report to Cantrell,
"it appears there is a communication problem -- not a compliance
problem!"

Despite all the company's efforts, Dr. McCarley heard very little
back from the FDA other than broad categorical statements.  "They
declined an invitation to re-inspect our facility.  They also
declined to have a conference call with us to discuss our progress
and what else they might need, leaving us guessing and trying to
cover all bases," commented Dr. McCarley.  "Then I get a letter,
dated December 27, 2017, from the US Department of Justice stating
we're still out of compliance, and they intend to file suit.  It's
like they're playing a game of 'got you.'" Dr. McCarley indicated
that none of this lines up with the FDA Commissioner's February
13th statement about creating a Center for Excellence that would
"provide much-needed education and training to improve product
quality, safety and purchaser confidence, and help the FDA adjust
its regulatory oversight to better match the scope of production of
an individual compounding pharmacy." Dr. McCarley added, "In fact,
I'll be kindly extending an invitation to the FDA Commissioner
today to visit us.  I think it would be great for him to see
first-hand the operations and capabilities of our company."

The letter from the DOJ to Cantrell indicated it would seek an
injunction in federal court to prohibit Cantrell from releasing
product unless Cantrell signed a Consent Decree of Permanent
Injunction.  In that Agreement with the FDA, Cantrell would have to
shut down production again.

"They want to shut us down for a third time in spite of everything
we've done, and this time it will be the end of the Company.  We
are a family-owned business, and we simply don't have the resources
to continue to fight a bureaucracy that makes broad claims against
us, gives little feedback, and ignores independent third-party
experts.  All this is at a snail's pace that would choke any small
business.  After the second shutdown, we were forced into Chapter
11 Bankruptcy.  At that time, I vowed it was my intent to pay all
my creditors 100 cents on the dollar.  In just a few short months
we've made tremendous progress, and, thanks to our loyal hospitals,
business is good -- very good. We've actually had to hire more
employees to expand production in order to meet hospital demand for
critical drug shortages.  A third shutdown will be the end.  And if
that happens, our hospital customers lose, their patients lose, and
our creditors lose."

Cantrell Drug previously filed for Chapter 11 Bankruptcy
reorganization on November 7, 2017 and is asking the Bankruptcy
Court to protect the interests of its creditors for a grace period
of at least 45 days during which time Cantrell hopes to negotiate a
resolution with the FDA while it continues its normal business
operations.  Among the drugs compounded by Cantrell is a Morphine
Sulfate injection used to relieve severe pain; that drug is listed
on the drug shortage list by the FDA and is considered to be in
critically short supply.  Currently, Cantrell produces over 80,000
Morphine Syringes every month and is planning to increase
production.  "If Cantrell Drug shuts down, thousands of patients
may not receive the pain medication they need and hospital
pharmacists will be scrambling.  All of this is in direct conflict
with Congress' intent to provide a solution for drug shortages
through 503B Outsourcing Facilities such as Cantrell," said
Dr. McCarley.

                       About Cantrell Drug

Established in 1952, Cantrell Drug Company --
https://www.cantrelldrug.com/ -- is a privately owned multi-faceted
specialty pharmaceutical company providing sterile and non-sterile
pharmaceutical preparations to meet the needs of patients,
physicians, clinics, and healthcare institutions throughout the
United States.  Cantrell Drug is comprised of two divisions: a
state-based custom compounding division primarily designed to
"bridge the gap" with commercial product drug shortages, and a FDA
registered division known as an "Outsource Human Drug Compounder."

Cantrell Drug Company filed a Chapter 11 petition (Bankr. D. Ark.
Case No. 17-16012) on Nov. 7, 2017.  James L. Mc Carley, Jr., its
CEO, signed the petition.  The case is assigned to Judge Phyllis M.
Jones.  The Debtor is represented by Kevin P. Keech, Esq. at Keech
Law Firm, P.A.  At the time of filing, the Debtor disclosed $15.11
million in assets and $7.46 million in liabilities.


CAREY CRUTCHER: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Carey Crutcher, Inc., as of March 1, 2018,
according to the court docket.

                     About Carey Crutcher

Carey Crutcher, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Tex. Case No. 17-36696) on Dec. 13, 2017, estimating
under $50,000 in assets and under $500,000 in liabilities.  The
Company is in the Navigational, Measuring, Electromedical, and
Control Instruments Manufacturing industry.  The Debtor hired Julie
M. Koenig, Esq., at Cooper & Scully, P.C., as counsel.


CARL WEBER: Wants Up To $250,000 in Financing From Principals
-------------------------------------------------------------
Carl Weber Green Properties, LLC, asks the U.S. Bankruptcy Court
for the District of New Jersey to authorize up to $250,000 in
debtor-in possession financing from the Debtor's principals, M.D.
Sass Municipal Finance Partners-II, LP, Municipal Finance
Partners-IV, LLC, and Municipal Finance Partners-V, LLC.

The loan will be used for paying post-petition real estate taxes,
insurance, administrative expenses and other post-petition
obligations as same may arise.  The Lenders request that the loan
be secured by a junior lien on the Real Property Holdings.

The Debtor is currently not generating revenues necessary to pay
the post-petition expenses of the Debtor, including, in particular,
the payment of real estate taxes and insurance as well as
professional fees and other expenses.

The Debtor requires funding from other sources in order to satisfy
post-petition expenses, including, real estate taxes and insurance.


The Debtor requires financing to pay the carrying costs associated
with the Real Property Holdings including real estate taxes and
insurance.  Because the Debtor does not currently generate any
income to meet its expenses, the Debtor has, understandably, been
unable to procure unsecured post-petition financing.

The Lenders have agreed to loan an amount not to exceed $75,000 on
an interim basis and ultimately up to $250,000; provided that the
loan is secured by a junior lien against the Real Property
Holdings.  As part of the terms of financing, and at its sole
discretion, the Lenders will be authorized to make advances to the
Debtor on an as-needed basis.  The Lenders propose that the loan
will accrue interest at a rate of 5% per annum.

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

         http://bankrupt.com/misc/njb17-29110-55.pdf

              About Carl Weber Green Properties

Carl Weber Green Properties, LLC, was formed on Oct. 9, 2012 as a
real estate holding company, which owns various parcels of real
property located in the State of New Jersey.  It was formed as a
special purpose vehicle to hold and monetize
real property assets.  The assets are all real properties obtained
through tax lien foreclosures conducted by members of the Company.

Carl Weber sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.N.J. Case No. 17-29110) on Sept. 20, 2017.  In the
petition signed by Manager Philip Sivin, the Debtor estimated
assets of $1 million to $10 million and liabilities of less than $1
million.

Giordano, Halleran & Ciesla, P.C., serves as counsel to the Debtor.


COMERCIAL CELTA: May 1 Disclosure Statement Hearing Set
-------------------------------------------------------
Judge Enrique S. Lamoutte Inclan of the U.S. Bankruptcy Court for
the District of Puerto Rico will convene a hearing on approval of
the disclosure statement explaining Comercial Celta Inc.'s plan for
May 1, 2018, at 10:00 a.m. to consider and rule upon the adequacy
of the disclosure statement and to consider objections to the
disclosure statement.

The Debtor's principal asset is a commercial building located at
Cupey Alto, Puerto Rico, which for the past several years has been
leased to unrelated tenants.  The only reason that triggered the
filing of the Chapter 11 petition was a State Court proceeding
being litigated at State Court with a former tenant named Russian
Roulette Inc. under civil case No.KAC2013-0919.  The case ended up
with a Judgment in favor of the tenant, now creditor, awarding
damages on a breach of contract.

Class 2 - General Unsecured Creditors consist of all general
unsecured creditors for which the debtor is the main obligor and
will include all claims included by the debtor on the schedules and
all those who filed a timely proof of claim.  The estimated maximum
liability on amounts under this class is in the amount of
$562,612.

   Russian Roulette      Claim #3        $485,000
   Quinoy Realty Corp.   Scheduled Amt.   $67,612

For the reason that Debtor contests any amounts due to claimant
Russian Roulette, Inc., and the amounts and nature of the claim is
still pending before the Puerto Rico Court of Appeals docketed as
KLCE 2016-02343, this class will not receive any payments or
dividends until final adjudication by the State Court of this
pending appeal.

In the event of a final ruling adverse to Debtor's contention
regarding the non-allowance of this claim, an amended Plan
providing alternative means for payments will be filed in order to
conform with the final disposition of the contested amounts now
being claimed.

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

            http://bankrupt.com/misc/prb17-00080-73.pdf

                      About Comercial Celta

Comercial Celta Inc.'s principal asset is a commercial building
located at Cupey Alto, Puerto Rico, which for the past several
years has been leased to unrelated tenants.

Comercial Celta filed a Chapter 11 bankruptcy petition (Bankr.
D.P.R. Case No. 17-00080) on Jan. 10, 2017, disclosing under $1
million in both assets and liabilities.  The Debtor is represented
by Wigberto Lugo Mender, Esq.

Prompting the Chapter 11 filing was a state court proceeding being
litigated at State Court with a former tenant named Russian
Roulette Inc. under Civil Case No.KAC2013-0919).  The state court
case ended up with a judgment in favor of the tenant, now creditor,
awarding damages on a breach of contract.  Notwithstanding an
appeal process, a foreclosure sale of this real property was
scheduled for January 2017.  The Debtor sought bankruptcy
protection to stop the foreclosure.


DEEP OPERATING: March 19 Plan Confirmation Hearing Set
------------------------------------------------------
Judge Karen K. Brown of the U.S. Bankruptcy Court for the Southern
District of Texas, Houston Division, conditionally approved the
disclosure statement explaining Deep Operating, LLC's plan of
reorganization after finding that the plan outline contains
adequate information.

March 19, at 11:00 a.m., is the date and time for a hearing on
confirmation of the Plan.

March 13 is the deadline for filing written acceptances or
rejections of the Plan.

As previously reported by The Troubled Company Reporter, under the
Plan, the general unsecured creditors are classified in Classes 3,
4 and 5: Class 3 consists of general unsecured claims that are not
secured by equity in the Debtor's Assets; Class 4 consists of
general unsecured claims of insiders; and Class 5 consists of
general unsecured claims of equity holders.

Class 3 will receive a distribution at the minimum of 25% of their
allowed claims, in deferred monthly disbursements from the Debtor's
revenues generated by its operations, as well as from recovery of
claims and amounts due to the estate.

Class 4 will only receive distributions if all allowed unsecured
claims are paid in full.

Class 5 will retain their interests in equity in the Reorganized
Debtor.

The Debtor intends to fund the Plan by the following means:

     (a) Texas Railroad Commission Services Bond. The Debtor has
posted a $50,000 servicer's cash bond with the Texas Railroad
Commission. The Debtor will withdraw its servicer's bond and obtain
release of these funds. The Debtor believes that it does not need
the servicer's bond to continue its operations as an oil and gas
company.

     (b) The Debtor will collect on accounts receivable owed to it.
The funds recovered will be used to satisfy obligations under the
Plan.

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

       http://bankrupt.com/misc/txsb17-33626-31.pdf

                     About Deep Operating

Deep Operating, LLC, is a Texas Limited Liability Company,
incorporated on February 13, 2014. The Debtor is a wholly owned
subsidiary of Deep Energy Exploration Partners, LLC, whose
principal place of business is located in Houston, Texas. The
Debtor conducts all oil and gas operations for Deep Energy
Exploration as well as other producers in Texas.

Deep Operating filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Tex. Case No. 17-33626) on June 8, 2017.  In the petition
signed by CEO Javier Arellano, the Debtor estimated $100,000 to
$500,000 in assets and $1 million to $10 million in liabilities.
The Hon. Karen K. Brown is the case judge.  John Vincent Burger,
Esq. of the Burger Law Firm, is counsel to the Debtor.


EVERMILK LOGISTICS: Needs More Time to Negotiate Plan
-----------------------------------------------------
Evermilk Logistics LLC, asks the U.S. Bankruptcy Court for the
Southern District of Indiana to extend until April 11, 2018, the
exclusive period during which the Debtor can solicit votes in
connection with its Chapter 11 plan.

As reported by the Troubled Company Reporter on Feb. 6, 2018, the
Debtor asked for an extension of the solicitation period to and
including March 12, 2018.

On Feb. 27, 2018, Judge Jeffrey J. Graham previously extended, at
the behest of the Debtor, the period during which only the Debtor
can solicit acceptance of its plan until March 12, 2018.

The Debtor is in negotiations regarding the amended plan and
disclosure statement, and a hearing will be held on March 12, 2018,
if objections to the amended plan and disclosure statement are
timely filed.  In light of the scheduled hearing on the amended
plan and disclosure statement, the Debtor requests an extension of
the deadline to solicit acceptances of its plan.

Copies of the court order and the motion are available at:

          http://bankrupt.com/misc/insb17-03613-139.pdf
          http://bankrupt.com/misc/insb17-03613-140.pdf

                     About Evermilk Logistics

Evermilk Logistics LLC -- http://www.evermilklogistics.net/-- is a
member-managed Indiana limited liability company wholly owned by
Teunis Jan Willemsen.  It operates a commercial milk hauling
trucking business.  Its principal place of business is at 6615 W.
500 N., Frankton, Indiana 46044.  Evermilk hauls milk for local
dairy farms that sell milk to Dairy Farmers of America.  Evermilk
has been taking milk to the Eastern and Central United States, and
currently is picking up 20-25 tanker loads of milk each day.  It
currently employs more than 60 driver and administrative or
maintenance personnel.

Evermilk Logistics LLC filed a Chapter 11 petition (Bankr. S.D.
Ind. Case No. 17-03613), on May 15, 2017.  In the petition signed
by Teunis Jan Willemsen, member, the Debtor estimated $100,000 to
$500,000 in assets and $1 million to $10 million in liabilities.

The case is assigned to Judge Jeffrey J. Graham.  

The Debtor is represented by Terry E. Hall, Esq., at Faegre Baker
Daniels LLP.

No trustee or examiner has been appointed, and no committee has yet
been appointed or designated.


FIRESTAR DIAMOND: Three Nirav Modi Firms File for U.S. Bankruptcy
-----------------------------------------------------------------
Chapter 11 bankruptcy petitions have been filed by Firestar
Diamond, Inc., and two other U.S. companies owned by Indian
billionaire Nirav Modi who has been accused of defrauding Punjab
National Bank (PNB) of close to $2 billion (Rs12,717 crore).

The U.S. Debtors -- Firestar Diamond, Inc., A. Jaffe, Inc., and
Fantasy, Inc. -- are affiliated with the Mumbai, India-based Nirav
Modi global diamond jewelry house.

Each of the U.S. Debtors is engaged in business as a wholesaler of
fine jewelry merchandise.

FDI and FI have $90 million of annual sales to some of the most
well-known and well regarded major department stores, major
specialty stores chains, wholesale clubs, and United States armed
services bases. Their accounts include Zales, Kay's, Jared's,
COSTCO, Sam's Club, Macy's, JC Penney, U.S. Navy, etc. FDI and FI
also hold a license for certain intellectual property relating to
the Endless Diamond brand and the touch-set jewelry design.

The centerpiece of the AJI business is its 125 year old luxury
bridal brand "A. JAFFE". AJI sells fine jewelry merchandise to
hundreds of the finest independent jewelry stores in America. AJI
sales had been growing in solid double digits for the last three
years and were projected to reach $23 million in fiscal 2018.

FDI is a wholly owned subsidiary of Firestar Group, Inc. ("FGI"), a
Delaware corporation. FGI is a wholly owned subsidiary of Synergies
Corporation, a Delaware corporation. Approximately 95% of the
equity of AJI is owned by Synergies. Synergies is a wholly owned
subsidiary of Firestar Holdings Limited ("FHL"), a Hong Kong
corporation. FHL is a wholly owned subsidiary of Firestar
International Limited ("FIL"), an India corporation. Nirav Modi
("Modi"), directly or indirectly, is the majority shareholder of
FIL.

                     Prepetition Secured Debt

FDI and FI are co-borrower debtors under a co-lending facility with
Israel Discount Bank of New York ("IDB") and HSBC Bank USA, N.A.,
which originated in 2008, in the aggregate amount of $28,000,000
(the "Loan Facility").

The Loan Facility is comprised of:

  (I) $8,600,000 outstanding under the IDB Revolving Credit
Facility in the original principal amount of $12,000,000, pursuant
to a Line Letter, dated as of Oct. 8, 2013 and effective as of
Sept. 30, 2013, executed by and among IDB, as lender, and FDI and
FI, as co-Borrower Debtors, and guaranteed by Modi personally, as
well as by FIL and FGI; and

(II) $11,400,000 outstanding under the HSBC Loan Agreement in the
principal amount of $16,000,000, pursuant to an Amended and
Restated Loan Agreement, dated as of Sept. 4, 2008, was executed by
and between HSBC, as lender, FDI, as borrower, and FI as
co-borrower.

               Events Leading to Chapter 11 Filing

Mihir Bhansali, president and sole director of FDI, explains that
three weeks ago, news reports surfaced out of India which alleged
that Modi, and certain foreign entities with which he was
affiliated, were involved in obtaining unauthorized loans from
Punjab National Bank ("PNB") in the form of letters of under taking
("LOU") which were used to fund payments to suppliers for
purchases. The aggregate amount of the allegedly unauthorized LOU
was initially reported as approximately $40 million.

By the following week, additional news reports surfaced out of
India in which PNB alleged that PNB bank officials colluded with
Modi, and that the parties had engaged in such conduct over an
extended period of time. PNB estimated that the magnitude of the
allegedly unauthorized was in excess of $1 billion. Those articles
also referenced other individuals and diamond jewelry companies
with which Modi is not affiliated. It is unclear how much of the
estimated $1 billion number quoted in the articles is purportedly
attributable to Modi, and entities with whom he is affiliated, and
how much is purportedly attributable to other unaffiliated third
parties.

PNB filed a criminal complaint in India in connection with the
foregoing allegations and India's Central Bureau of Investigation
is currently conducting an investigation.

Recently, authorities in India began attaching, seizing and/or
freezing various assets and properties belonging to Modi and
properties belonging to various entities in which he had a direct
or indirect ownership interest. This resulted in the immediate
closure of multiple business entities and, by some reports, the
loss of thousands of jobs for its employees.

Among the properties seized and businesses closed were factories in
India which produced most of the fine jewelry merchandise sold by
the Debtors to their customers. These entities in India also
provided certain back office and support functions for the
Debtors.

The sudden loss of its supply chain and back office support has
dramatically impacted the operations of the Debtors in the short
term.

The Debtors and their employees have worked over the past week or
so to: (i) procure alternate sources of supply; (ii) establish
alternate back office and support service functions; (iii) reassure
their vendors and customers that they had no involvement in the
alleged wrongful conduct; and (iv) reassure their customers and
vendors that they were committed to carrying on their business and
that swift action was being taken to mitigate the damage caused by
the actions in India.

The supply chain disruption and negative publicity have
dramatically impaired the Debtors' business operations in the short
term and have created a great deal of uncertainty and confusion in
the market about the Debtors' ability to continue to operate their
business as a going concern.

Without greater certainty and assurances, certain vendors have
expressed a reluctance to continue doing business with the Debtors
and certain customers have begun to explore moving certain of the
Debtors' programs to other suppliers.

As such, the Debtors filed these Chapter 11 cases in an effort to
preserve the going concern value of their businesses and effectuate
a sale or other transaction that will provide the resources
necessary to allow the Debtors' successful brands to continue to
thrive.

                           Case Strategy

During the pendency of these cases, the Debtors intend to continue
to operate their businesses while seeking an infusion of capital or
the sale of the Debtors' businesses, in whole or in parts, as a
going concern.

The Debtors expect that the Chapter 11 process will add a sense of
order, alleviate some of the concerns expressed by vendors and
customers and create a forum in which potential purchasers for all
or some of the businesses are willing to participate.

The Borrower Debtors have informed their secured lenders, IDB and
HSBC, of the intention to commence the Chapter 11 cases on an
emergency basis and are engaged in discussions with the lenders for
debtor in possession financing and use of cash collateral in order
to provide the liquidity necessary to sustain operations until a
sale or other transactions can be effectuated.

AJI, which has no secured lender, is engaged in discussions with
suppliers and potential financing sources which would enable it to
likewise sustain operations until such time as that business may be
sold.

Early expressions of interest in purchasing some or all of the
Debtors' business operations have been strong.

The Debtors intend to act quickly and efficiently to determine
which of the available restructuring options is in the best
interests of the estates and to preserve the going concern value of
the Debtors' substantial business operations.

                      About Firestar Diamond

Firestar Diamond Inc. procures, designs, manufactures, and
distributes diamond-studded jewelry. Firestar Diamond's operations
span the USA, Europe, the Middle East, the Far East and India. The
Company employs over 1200 people. Firestar Diamond has offices in
Mumbai, Surat, New York, Chicago, Johannesburg, Antwerp, Yerevan,
Dubai, and Hong Kong. A. Jaffe, Inc., a subsidiary of Firestar
Diamond, designs and manufacturers wedding rings and wedding
bands.

Firestar Diamond, Inc., A. Jaffe, Inc., and Fantasy, Inc. sought
Chapter 11 protection (Bankr. S.D.N.Y. Case Nos. 18-10509 to
18-10511) on Feb. 26, 2018.

Firestar Diamond estimated assets and debt of $50 million to $100
million.

The Hon. Sean H. Lane is the case judge.

Ian R. Winters, Esq., at Klestadt Winters Jureller Southard &
Stevens, LLP, serves as counsel to the Debtors.


FM 544 PARK: Trustee Selling Plano Land to HOSS for $4.9M
---------------------------------------------------------
Kevin McCullough, the Chapter 11 trustee for FM 544 Park Vista Ltd.
and Pavist LLC, ask the U.S. Bankruptcy Court for the Northern
District of Texas to authorize the sale of approximately 31.159
acres of raw, undeveloped land located in Plano, Collin County,
Texas to HOSS Holdings, LLC, for $4.9 million.

A hearing on the Motion is set for March 19, 2018 at 9:30 a.m.  The
objection deadline is March 16, 2018.

The Debtos' bankruptcy cases were somewhat contentious in the
beginning, and their initial attempt to sell the Land was met with
opposition.  Immediately upon his appointment, the Trustee reached
out to the parties involved in prior sale efforts to determine
whether a sale could be revived.  

Following the termination of the sale to Park Vista Seniors, LLC,
the Trustee set about exploring a traditional marketing and sale
process, and has been consulting with CBRE, a commercial real
estate firm with that purpose in mind.  But most recently, the
Trustee has been approached by Richard Shaw, the Debtors'
representative when these were debtor-in-possession cases, who has
put together another investment group, headed up by Roger Sefzik,
with the desire of purchasing the Land. As the Court has heard
previously, Mr. Shaw has been working towards the development of
the Land for the past four years, so he has a vested interest in
seeing his vision through to the end.

The new deal put together by Mr. Shaw and Mr. Sefzik is a sale of
the Land to the Buyer.  The purchase price is $4,900,000, which is
$400,000 more than the prior Court-approved sale, and the HOSS
Contract has some similar characteristics by way of added
assurances that allowed claims will be paid in full, as the Trustee
will retain a lien on the Land and the Buyer is a guarantor for the
payment of claims.  The proposed sale of the Land is on an "as is,
where is" basis, and free and clear of all liens, claims, interest,
and encumbrances, with any valid liens, claims, interests, and
encumbrances not otherwise paid at closing to attach to the
proceeds of the sale.

A $350,000 as earnest money deposit will be deposited with the
Title Company within 2 business days of the Effective Date.  The
date of the Closing will be on or before the 15th day following
entry of an order approving the sale of the Property, unless
otherwise stayed by order of the Court, with an option by the
Purchaser to extend the Closing for an additional 5 business days
for an additional $25,000 Earnest Money deposited in escrow with
the Title Company.

The proposed sale contemplates that all claimants or potential
claimants with mechanic's, contractor's, or materialman's lien
rights under Chapter 53 of the Texas Property Code will be paid at
closing.  The list of those claimants and amounts will be itemized
in the proposed order submitted to the Court at the time of
hearing, but the Trustee believes that list potentially to include:
Landstar Excavation; Ikemire Architects; Southwestern Blueprint;
Civil Point Engineers; Construction Rent-a-Fence; Roadstar Trucking
(Landstar subcontractor); Geoscience; and Ajnisha Investments.

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

    http://bankrupt.com/misc/FM_544_106_Sales.pdf

The Trustee is mindful of the uncertainty surrounding certain
claims of insiders that were disposed of in a Court-approved
settlement but which are now the subject of a Mr. Shaw's Motion to
Compel Compliance, but that uncertainty does not justify delaying
the action seeking approving of the HOSS Contract, particularly
since the Trustee has had the opportunity since the last sale
motion to seek outside guidance from CBRE on issues related to the
valuation, marketing and sale of the Land.  Based on the totality
of circumstances, the Trustee is satisfied that the proposed sale
is in the best interest of the estates.

The Trustee asks that the order approving the proposed sale be
effective immediately, thereby waiving the 14-day stay imposed by
Bankruptcy Rule 6004.  The waiver or elimination of the 14-day stay
is necessary for the sale to close as expeditiously as possible to
facilitate the Buyer's intended financing.

The Purchaser:

          HOSS HOLDINGS, LLC
          Attn: Roger D. Sefzik
          7161 Valley View Rd
          Ferndale, WA 98248

The Purchaser is represented by:

          Carl Friedsam, Esq.
          MARTIN & DROUGHT, P.C.
          Bank of America Plaza, 25th Floor
          300 Convent Street
          San Antonio, TX 78205-3789

The Title Company:

          CHICAGO TITLE INSURANCE CO.
          14160 N. Dallas Parkway, Suite 810
          Dallas, TX 75254
          Attn: Leslie Wheeler
          Telephone: (214) 373-6100
          Facsimile: (214) 987-4202
          E-mail: leslie.wheeler@ctt-tx.com

                      About FM 544 Park Vista

FM 544 Park Vista Ltd. was formed on April 29, 2014, to acquire and
prepare for development a 31.5 acre tract located in Plano, Collin
County, Texas as a 318-unit senior housing apartment complex.  The
general partner of FM 544 is Pavist, a limited liability company,
while the sole limited partner is Shaw Family Trust No. 3.

FM 544 Park Vista Ltd., based in Addison, Texas, filed a Chapter 11
petition (Bankr. N.D. Tex. Case No. 17-34255) on Nov. 7, 2017.
Pavist, LLC, filed a voluntary petition for relief under chapter 11
of the Bankruptcy Code (Bankr. N.D. Tex. Case No. 17-34274-11) on
Nov. 9.  Richard Shaw, their manager, signed the petitions.

The bankruptcy cases are being jointly administered for procedural
purposes only under the case of FM 544 Park Vista.  Judge Stacey G.
Jernigan presides over the cases.

FM 544 estimated $1 million to $10 million in both assets and
liabilities.

Joseph F. Postnikoff, Esq., at Goodrich Postnikoff & Associates,
LLP, is the Debtors' bankruptcy counsel.

Kevin D. McCullough is the court-appointed Chapter 11 trustee for
the Debtors.  
The Trustee retained his own firm, ROCHELLE McCULLOUGH, LLP, as
counsel.  He tapped Barg & Henson, P.C., as his accountant.


GORDON BURR: Masters Gallery Contracted to Sell Artwork
-------------------------------------------------------
Gordon Burr asks the U.S. Bankruptcy Court for the District of
Colorado to authorize its Consignment Agreement with Masters
Gallery for the marketing and sale of the eight pieces of valuable
artwork that he either owns individually or jointly with his
non-filing spouse.

The Artwork is encumbered by the first priority lien of CoBiz Bank.
The Debtor and CoBiz Bank have entered into an adequate protection
agreement which contemplates, among other things, the sale of the
Artwork.  At the time of the preparing of the Motion, the notice
period for the motion for approval of the adequate protection
agreement had not yet run.  Given the nature and value of the
Artwork it has been determined that the marketing and sale of the
Artwork should be conducted through an art gallery who regularly
sells high end artwork.

The Debtor has entered into a Consignment Agreement for the
marketing and sale of the Artwork with the Gallery.

The pertinent terms of the Consignment Agreement are:

      a. The Gallery will serve as the agent for the exclusive
purpose of marketing and selling the Artwork.

      b. The Artwork is being provided to the Gallery on a
consignment basis.

      c. The term of the Consignment Agreement expires on Sept. 30,
2018.

      d. The Gallery will be responsible for the delivery of the
Artwork from the Debtor to the Gallery.

      e. Attached as the final page to the Consignment Agreement is
a list of the Artwork, including the description of each piece of
Artwork, the artist, who owns the Artwork (the Debtor, the
non-filing spouse, or joint ownership) and the purchase price or
estimated market replacement cost for each piece of Artwork.

      f. While the Gallery will use its best effort to sell the
Artwork at the highest and best price, in no event will any piece
of Artwork be sold for less than 70% of the listed purchase price
or estimated market replacement price.

      g. The sale of the Artwork will be free of all liens, claims
and encumbrances.

      h. The Gallery's commission will be 50% of the retail price
received from the sale of the Artwork.

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

     http://bankrupt.com/misc/Gordon_Burr_79_Sales.pdf

The Gallery has been selected by the Debtor because it has
considerable experience in selling artwork such as the Artwork.
The Gallery has multiple locations including in Cherry Creek, Vail
and Santa Fe.  It can therefore locate each piece of Artwork in the
location most likely to maximize value.  The sale proceeds will be
used to satisfy all costs associated with the sale, including the
Gallery's commission, and then liens, claims and encumbrances of
upon the Artwork in the order of their priority to the extent
proceeds exist.

The Debtor is asking the Court's approval of the Consignment
Agreement and authorization to sell the Artwork free and clear of
all liens, claims and encumbrances.  The Consignment Agreement
provides the best means for liquidating the Artwork.  He needs an
art gallery such at the Art Gallery to market and sell the Artwork.
Given the nature and value of the Artwork, expertise is required
to maximize value.  Further, parties in the market for high end
artwork are most likely to look to an art gallery for such
purchases.  The Debtor believes the commission is fair and
reasonable; and is standard in the market place.  The marketing and
selling of the Artwork will also expose the Artwork to the market
place to assure the highest and best offer is received.

The Sellers:

          Gordon Burr and Kaja Sceery-Burr
          26 Columbine Piace
          Castle Rock, CO 80108
          Telephone: (720) 219-5980

The Gallery can be reached at:

          MASTERS GALLERY
          2616 E 3rd Avenue
          Denver, CO 80206
          Telephone: (303) 221-2449

                       About Gordon Burr

Gordon Burr, an individual who resides in Castle Rock, Colorado,
sought Chapter 11 protection (Bankr. D. Colo. Case No.
17-20537-JGR) on Nov. 16, 2017.  Among the assets owned by the
Debtor are eight pieces of valuable artwork.  Aaron A. Garber,
Esq., at Buechler & Garber, LLC, serves as counsel to the Debtor.


GRESHAM & GRAHAM: Amends Plan Outline, Hearing Moved to March 22
----------------------------------------------------------------
Judge Eddward P. Ballinger, Jr., of the U.S. Bankruptcy Court for
the District of Arizona will convene a hearing on March 22 to
consider approval of the disclosure statement explaining Gresham &
Graham General Partnership's First Amended Plan.

The last day for filing written objections to the Disclosure
Statement is fixed at five days prior to the Disclosure Statement
hearing.

Under the First Amended Plan, Beginning on the first business day
of the month following the Effective Date, the holders of Allowed
general unsecured claims in Class 4 will receive 36 equal monthly
payments of principal on account of their Allowed Claims. The total
amount to be paid to Class 4 is the lesser of the total of claims
in this Class or the liquidation value of the Debtor’s personal
property plus any excess capital contributions or sale/refinance
proceeds remaining after satisfaction of claims having higher
priority than general unsecured claims. At the end of three years,
the holders of Class 4 Claims will be paid the full outstanding
unpaid amount, if any, of their Allowed Claim. This Class is
Impaired.

Present estimates of administrative claims, priority tax claims,
and filed general unsecured claims indicate that the Plan will
require approximately $10,000 in initial funding, with the
exception of debt service payments made to holders of Allowed
Secured Claims. The Debtor estimates that its annual income after
all expenses (including payments to secured creditors, and
contributions from insiders) during the first year of the Plan will
be approximately $5,000, which amount will be paid to general
unsecured creditors. The Debtor will fund the Plan from the
following:

   a. income produced by any rentals of the real property it owns,

   b. the proceeds of a new value contribution to be contributed to
the Plan by the Debtor's principals; and

   c. the net proceeds from the sale of the Tempe and Heber
properties.

A copy of the First Amended Disclosure Statement dated Feb. 27 is
available at:

     http://bankrupt.com/misc/azb2-17-08801-40.pdf

A copy of the Disclosure Statement dated Jan. 10 is available at:

     http://bankrupt.com/misc/azb17-08801-30.pdf

        About Gresham & Graham General Partnership

Headquartered in Tempe, Arizona, Gresham & Graham General
Partnership listed its business as a single asset real estate (as
defined in 11 U.S.C. Section. 101(51B)).  Its principal assets are
located at 3907 Gresham Street #6, San Diego, CA 92109.

Gresham & Graham filed for Chapter 11 bankruptcy protection (Bankr.
D. Ariz. Case No. 17-08801) on July 31, 2017, estimating its assets
and liabilities at between $1 million and $10 million.  The
petition was signed by Theresa Littler, general partner.

Judge Eddward P. Ballinger Jr. presides over the case.

The Debtor previously sought bankruptcy protection on Jan. 20, 2012
(Bankr. D. Ariz. Case No. 12-01091) and Aug. 20, 2012 (Bankr. D.
Ariz. Case No. 12-18559).


H MELTON VENTURES: Trustee Selling All Assets of Courtyard Villa
----------------------------------------------------------------
Marilyn Garner, the Chapter 11 Trustee for H Melton Ventures LLC,
asks the U.S. Bankruptcy Court for the Northern District of Texas
to authorize the sale substantially all assets of its wholly owned
subsidiary, The Courtyard Villa, LLC.

The objection deadline is March 19, 2018.

The Trustee holds all membership interests in Courtyard Villa.
When the Chapter 11 was commenced, the mother of Henry Melton, Jr.,
Cinithia Melton, was operating a wedding venue and catering
business through Courtyard Villa in a leased location in Arlington,
Texas.  The lease was in the name of the Debtor, however, and in
default in excess of $100,000 at the time the Chapter 11 Trustee
was appointed.  Additionally, the lease expired by its own terms on
Jan. 31, 2018.

On Jan. 17, 2018 the landlord for the Courtyard Villa facility,
1801 Division, Inc., obtained relief from the automatic stay to
regain possession of the leasehold premises.  The landlord has now
sold the leasehold premises and has made an offer of $12,000 to
purchase the furniture, fixtures and equipment left in the
leasehold premises.

Although Courtyard Villa has debts which exceed the assets of that
subsidiary, the Trustee believes that the sale would be beneficial
to the Estate as a portion of the proceeds could be utilized to
partially satisfy obligations incurred in the Debtor's name for the
subsidiary.  In addition to the Debtor's lease obligation, the
Trustee is investigating whether other obligations of this
subsidiary were also incurred by the Debtor itself.

The furniture, fixtures and equipment of Courtyard Villa, to the
best of the Trustee's knowledge, are identified in the Exhibit A.

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

    http://bankrupt.com/misc/H_Melton_173_Sales.pdf

All funds will remain in a separate account for this subsidiary
until further court order addressing proper distribution of the
same.

                     About H Melton Ventures

H Melton Ventures LLC, based in Arlington, Texas, filed a Chapter
11 petition (Bankr. N.D. Tex. Case No. 17-43922) on Sept. 28, 2017,
estimating $1 million to $10 million in both assets and
liabilities, with the petitions signed by Michael Warden, its
manager.  Chapter 11 cases were also commenced by Michael G.
Warden
(Case No. 17-33888) and Henry J. Melton, II (Case No. 17-44206).  A
related case,
H. Melton Ventures RD, LLC, Case No. 17-44521, was also filed on
No. 6, 2017.

Mr. Melton, a resident of Dallas County, is the 90% owner,
president and CEO of HMV.  Mr. Warden, the manager, is the 10%
owner.

The Hon. Russell F. Nelms presides over the cases.

David D. Ritter, Esq., at Ritter Spencer PLLC, serves as bankruptcy
counsel to HMV.  Wiley Law Group, PLLC, is counsel to Mr. Melton,
and Melton Ventures RD.

A Chapter 11 Trustee was appointed for both HMV and Melton in
December 2017

Marilyn Garner was appointed as the Chapter 11 Trustee for HMV.
She tapped           CAVAZOS, HENDRICKS, POIROT & SMITHAM, P.C., in
Dallas, Texas, as counsel.

Scott M. Seidel is the Chapter 11 Trustee for Mr. Melton's estate.
Mr. Seidel retained his own firm,  Seidel Law Firm, in Plano,
Texas, as his general counsel in the case.


HCR MANORCARE: To File Chapter 11 With QCP-Backed Plan
------------------------------------------------------
Quality Care Properties, Inc. and HCR ManorCare, Inc. ("HCR
ManorCare") on March 2, 2018, disclosed that they have reached an
agreement to transition the ownership and leadership of HCR
ManorCare, including its skilled nursing, assisted living, hospice
and homecare businesses to QCP.  The transaction is expected to
recapitalize HCR ManorCare and provide stability and flexibility to
better react to today's rapidly changing post-acute care industry.
Under QCP's ownership and with new leadership, HCR ManorCare will
continue to focus on providing superior patient care in this vital
sector of healthcare.

QCP and HCR ManorCare have agreed to effect this transaction
through a prepackaged plan of reorganization pursuant to a Plan
Sponsor Agreement entered into between the parties.  HCR ManorCare,
Inc., the parent holding company for the HCR ManorCare operating
businesses, will voluntarily file for Chapter 11 under the United
States Bankruptcy Code in the coming days.  HCR ManorCare's
operating subsidiaries will not file for Chapter 11 and the parent
company's
Chapter 11 filing will have no impact on patient care or the
subsidiaries' operations.  Under the terms of the Plan Sponsor
Agreement and as contemplated in the prepackaged plan of
reorganization, all HCR ManorCare employees, creditors, vendors and
suppliers, aside from QCP, are expected to be unimpaired by the
transaction and paid in the ordinary course when due.  The
transaction is subject to bankruptcy court approval of the
prepackaged plan of reorganization and customary closing
conditions, including regulatory approval.  Bankruptcy court
approval is expected during the second quarter and the transaction
is expected to be completed during the third quarter of 2018.

Effective immediately, Guy Sansone, a Managing Director and
Chairman of the Healthcare Industry Group at global professional
services firm Alvarez & Marsal with significant skilled nursing
care facility operating experience, and Laura Linynsky, QCP's
Senior Vice President and a former Chief Operating Officer of
Sunrise Senior Living, Inc., will serve on behalf of QCP as
consultants and work closely with the HCR ManorCare management team
in order to facilitate a smooth transition of leadership and
ownership.  Following the completion of the transaction, Mr.
Sansone is expected to assume the role of HCR ManorCare's Chief
Executive Office and Ms. Linynsky is expected to serve as HCR
ManorCare's interim Chief Financial Officer.

Mark Ordan, QCP's Chief Executive Officer, said, "This agreement
facilitates a consensual resolution that provides stability and
flexibility for the business.  We see this as the best available
opportunity to improve a challenging situation.  We considered
every possible option and determined that entering this agreement
to take direct ownership of our tenant best positions QCP to
reposition the business to realize the potential of its properties
for QCP shareholders.  Under Guy and Laura's leadership, HCR
ManorCare will continue to support the excellent employees
providing long-term care, hospice and rehabilitation services, and
corporate services to enhance patient care and drive referrals."

Mr. Ordan continued, "In the coming weeks and months, we will work
closely with HCR ManorCare senior management and the rest of HCR
ManorCare's management and operating team to ensure a smooth
transition.  HCR ManorCare's team of skilled, dedicated and
compassionate employees will continue to be the ultimate driver of
the Company's superior patient care.  We look forward to completing
this transaction and to delivering long-term value to employees,
patients, residents and shareholders."

John R. Castellano, HCR ManorCare's Chief Restructuring Officer,
said, "We have invested a significant amount of time and effort in
developing this proposed solution for all constituents involved.
We believe that this agreement is a positive outcome for all of HCR
ManorCare's stakeholders.  Under our proposed plan, HCR ManorCare
employees and creditors, aside from QCP, will not be impaired while
we transition the ownership of the HCR ManorCare parent company to
QCP.  This represents an important step forward to strengthen the
Company's financial position and create value."

Steven M. Cavanaugh, HCR ManorCare's President and Chief Executive
Officer, stated, "We have worked with QCP to reach an agreement
that provides stability for our employees, residents and patients.
I am proud of the hard work and dedication that HCR ManorCare
employees have continued to demonstrate in delivering outstanding
care during difficult times.  We will work tirelessly through the
transition to ensure that the company continues to deliver the same
level of outstanding care."

Transaction Structure and Terms

At the closing of the transaction, QCP's claims against HCR
ManorCare under the Master Lease and guaranty, including the
deferred rent obligation and unpaid rent, will be exchanged and
released for 100% equity ownership of HCR ManorCare, with HCR
ManorCare becoming a wholly-owned indirect subsidiary of QCP.  In
connection with this transaction, QCP expects to no longer qualify
for status as a Real Estate Investment Trust (REIT).  No longer
attempting to qualify as a REIT enables QCP to own the operator of
the skilled nursing and assisted living/memory care facilities
across its high quality asset base, as well as the operator of HCR
ManorCare's hospice business, Heartland Hospice and Home Health
Care ("Heartland").  Heartland is one of the top five largest
hospice companies in the United States.

Additional details regarding the Plan Sponsor Agreement and the
transactions contemplated by the Agreement will be made available
in the Company's filings with the Securities and Exchange
Commission.  QCP expects to conduct an investor day in
approximately 60 days to provide an update on its strategy and
financial picture.

The controlling stockholders of HCR ManorCare have also signed a
restructuring support agreement in support of the transaction.

Concurrent with the signing of the Plan Sponsor Agreement, HCR
ManorCare made a rent payment to QCP of $23.5 million, which
represents the $14 million and $9.5 million payments previously due
on January 25 and February 10, 2018, respectively.  QCP expects to
receive rent payments from HCR ManorCare during the Chapter 11
period in accordance with the provisions of the Plan Sponsor
Agreement.  

Advisors

Sullivan & Cromwell LLP and Paul, Weiss, Rifkind, Wharton &
Garrison LLP are serving as QCP's legal counsel, Lazard and
Houlihan Lokey Capital, Inc. are serving as financial advisors and
Alvarez & Marsal is serving as an advisor.  Latham & Watkins and
Sidley Austin are serving as HCR ManorCare's legal counsel, AP
Services, LLC is serving as restructuring advisor and Moelis &
Company is serving as financial advisor.

                About Quality Care Properties

Headquartered in Bethesda, Maryland, Quality Care Properties, Inc.
(NYSE: QCP) is a real estate company focused on post-acute/skilled
nursing and memory care/assisted living properties.  QCP's
properties are located in 29 states and include 257
post-acute/skilled nursing properties, 61 memory care/assisted
living properties, a surgical hospital and a medical office
building as of October 20, 2017.

QCP was formed in 2016 to hold:

     * the HCR ManorCare, Inc. portfolio,
     * 28 other healthcare related properties,
     * a deferred rent obligation due from HCRMC under a master
       lease agreement -- Tranche B DRO; and
     * an equity method investment in HCRMC previously held by
       HCP, Inc.

QCP was a wholly owned subsidiary of HCP.  It was separated from
HCP, effective October 31, 2016.

At Sept. 30, 2017, QCP had total assets of $4,464,183,000 against
total liabilities of $1,804,133,000.

                           *     *     *

As reported by the Troubled Company Reporter on Oct. 24, 2017,
Moody's Investors Service confirmed QCP's ratings, including its
Caa1 corporate family rating (CFR) following QCP's announcement
that the REIT's work-out discussions with its struggling tenant,
HCR Manorcare, Inc. (HCR, unrated), are continuing.  Moody's said
the continued discussions indicate that both QCP and HCR are
pursuing an out-of-court resolution, a welcome development for QCP
from a credit perspective.

As reported by the TCR on Dec. 20, 2017, S&P Global Ratings lowered
its corporate credit rating on QCP to 'CCC' from 'B-' after the
company announced it would extend the deadline to negotiate with
HCR ManorCare until Jan. 15, 2018, with no amendment or waiver
reached on the covenant under its credit facilities.  HCR's
operating performance has weakened significantly, limiting the
company's ability to pay rent sufficient enough to alleviate a
covenant breach. According to S&P's projections, the debt service
coverage covenant (DSC) could be breached as early as the first or
second quarter of 2018.

                      About HCR ManorCare

HCR ManorCare is a provider of short-term, post-hospital services
and long-term care with a network of more than 500 skilled nursing
and rehabilitation centers, memory care communities, assisted
living facilities, outpatient rehabilitation clinics, and hospice
and home health care agencies.


HIGH PLAINS: March 28 Plan Confirmation Hearing
-----------------------------------------------
Judge Joseph G. Rosania, Jr., of the U.S. Bankruptcy Court for the
District of Colorado approved the disclosure statement explaining
High Plains Computing, Inc.'s Second Amended Plan and scheduled a
hearing for consideration of confirmation of the Plan for March 28,
2018, at 1:30 p.m.

Ballots accepting or rejecting the Plan must be submitted by the
holders of all claims or interests entitled to vote on the Plan on
or before 5:00 p.m. on March 23, 2018.

Any objection to confirmation of the Plan must be filed with the
Court on or before March 23, 2018.

As previously reported by The Troubled Company Reporter, Class 2
under the amended plan is the secured claim of Wells Fargo
Commercial Distribution Finance, LLC.  The principal amount of the
Class 2 claim costs will be allowed in the amount owed on the
Confirmation Date of the Plan and will continue to retain all liens
that secure its Claim.  The Class 2 Claim will bear interest at a
rate of 4% per annum.  The Debtor will pay the Class 2 Claim
$15,000 per month until paid.  This class is impaired.

The Debtor will restructure its debts and obligations and HPC will
continue to operate in the ordinary course of business.  Funding
for the Plan will be from income derived from HPC's ongoing
operations.  Roger Cree will continue as the Director and Chief
Executive Officer of HPC.

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

          http://bankrupt.com/misc/cob17-14819-254.pdf  

                 About High Plains Computing

High Plains Computing, Inc., doing business as HPC Solutions --
http://www.hpc-solutions.net/-- offers a broad portfolio of
services and solutions in Information Technology (IT), Unified
Communications and Professional Services for the government and
healthcare industries.  It works with manufacturers of IT software,
cloud computing, collaboration, storage, and integration.

The Company also offers professional services to include IT support
and developmental services, data management services, network
engineering, technical subject matter experts, administrative
services, engineering and more.

High Plains Computing, based in Denver, Colorado, filed a Chapter
11 petition (Bankr. D. Colo. Case No. 17-14819) on May 23, 2017.
In the petition signed by CEO Roger Cree, the Debtor estimated less
than $500,000 in assets and $1 million to $10 million in
liabilities.

Judge Joseph G. Rosania Jr. presides over the case.  

Lee M. Kutner, Esq., at Kutner Brinen, P.C., serves as bankruptcy
counsel to the  Debtor.

On Sept. 7, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


HOLLYWOOD ONE: $145K Sale of Aberdeen Condo Unit 105 Approved
-------------------------------------------------------------
Judge Laurel M. Isicoff of the U.S. Bankruptcy Court for the
Southern District of Florida authorized Hollywood One, LLC's sale
of the residential condominium unit located at 4806 Mantlewood Way,
#105, Aberdeen, Maryland to Scott Frommeyer for $145,000.

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

Notwithstanding the provisions of Bankruptcy Rule 6004(h), the
Order will be effective and enforceable immediately upon entry and
its provisions will be self-executing.

At closing, the Debtor or any settlement agent is authorized to
immediately pay from the sale proceeds outstanding real property
taxes and tax sale charges, if any, the closing costs identified in
the Sale Motion and in the Contract including a standard realtor's
commissions to Keller Williams American Premier Realty, LLC and any
participating broker, and such other closing costs as are deemed
customary and regular.

All net proceeds from the closing after payment of closing costs
will be delivered to Fulton Bank at closing along with a settlement
statement and will be applied in accordance with applicable law.
Within 10 days of receipt of funds, Fulton Bank will provide the
Debtor with an accounting detailing how the sales proceeds have
been applied.

The hearing to consider the Sale Motion scheduled for March 7, 2018
is cancelled.

                     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
less than $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.


INTREPID POTASH: Narrows Net Loss to $22.9 Million in 2017
----------------------------------------------------------
Intrepid Potash, Inc. filed with the Securities and Exchange
Commission its annual report on Form 10-K reporting a net loss of
$22.91 million on $157.60 million of sales for the year ended Dec.
31, 2017, compared to a net loss of $66.63 million on $210.94
million of sales for the year ended Dec. 31, 2016.

For the three months ended Dec. 31, 2017, the Company reported a
net loss of $1.38 million on $33.30 million of sales compared to a
net loss of $16.56 million on $42.18 million of sales for the same
period a year ago.   Net loss in both periods benefited from a $2.7
million tax benefit related to the monetization of an alternative
minimum tax carryback.

Gross margin of $1.1 million and $5.8 million in the fourth quarter
and full year of 2017, respectively, were increases of $8.1 million
and $35.0 million, respectively, compared to the same year-ago
periods.  Improvements in gross margin were the result of a higher
average net realized sales price per ton for potash and the
transition to lower-cost solar-only potash production, partially
offset by pricing softness for Trio.

As of Dec. 31, 2017, Intrepid Potash had $511.05 million in total
assets, $108.50 million in total liabilities and $402.55 million in
total stockholders' equity.

"We continue to execute on our transition and diversification
strategies, driving improvements in our year-over-year results,"
said Bob Jornayvaz, Intrepid's executive chairman, president, and
CEO.  "Potash segment margins benefited from our lower-cost
solar-only production profile, and improvements in the domestic
Trio market led to the first announced price increase since early
2015. International Trio sales volumes are trending upward and we
are working to optimize international shipment sizes to minimize
the higher transportation costs.  Water and by-product sales were
in line with our expectations for the quarter, providing meaningful
cash flow and a boost to our bottom line.  We have several
commitments in place for our water and maintain our expectation of
$20-30 million in sales during 2018."

Jornayvaz continued, "Our decision to build potash inventory going
into 2018 should allow us to capitalize on the recent price
increase.  Price increases for both potash and Trio are building on
the improved market conditions from the second half of 2017 and we
expect these solid fundamentals to carry through the first half of
2018.  We remain focused on optimizing our core operations and
expanding cash flow from diversified product offerings, while still
retaining our entrepreneurial spirit in exploring new opportunities
for growth."

Cash on hand as of Dec. 31, 2017, totaled $1.1 million and
availability under Intrepid's credit facility was $22.0 million. As
of Dec. 31, 2017, Intrepid had $60 million of senior notes
outstanding and $3.9 million outstanding under its asset-backed
credit facility with Bank of Montreal.

Total cash provided by operating activities for the year ended Dec.
31, 2017, was $17.2 million, an increase of $35.5 million compared
with the year ended Dec. 31, 2016.  The primary driver of this
increase was an overall decrease in expenses leading to a $43.7
million decrease in the Company's net loss for the year ended Dec.
31, 2017 compared to the year ended Dec. 31, 2016.

Total cash provided by investing activities decreased $40.4 million
in 2017, compared to 2016.  In 2016, the Company sold all of its
investments to fund operations.  The change from proceeds from the
sale of investments in 2016, was offset in 2017, by the sale of an
asset and less capital expenditures.

Total cash flows used in financing activities decreased $6.3
million in 2017, as compared to 2016, due to the repayment of $75
million of Notes, partially offset by the proceeds from the equity
offerings.

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

                      https://is.gd/G8fcr9

                         About Intrepid

Intrepid Potash (NYSE:IPI) -- http://www.intrepidpotash.com/-- is
the only U.S. producer of muriate of potash.  Potash is applied as
an essential nutrient for healthy crop development, utilized in
several industrial applications and used as an ingredient in animal
feed.  Intrepid also produces a specialty fertilizer, Trio, which
delivers three key nutrients, potassium, magnesium, and sulfate, in
a single particle.  Intrepid also sells water and by-products such
as salt, magnesium chloride, and brine.  Intrepid serves diverse
customers in markets where a logistical advantage exists; and is a
leader in the utilization of solar evaporation production, one of
the lowest cost, environmentally friendly production methods for
potash.  Intrepid's production comes from three solar solution
potash facilities and one conventional underground Trio mine.  The
Company is headquartered in Denver, Colorado.


J. CIOFFI LEASING: April 3 Disclosures, Plan Confirmation Hearing
-----------------------------------------------------------------
Judge Christine M. Gravelle of the U.S. Bankruptcy Court for the
District of New Jersey scheduled a joint hearing to determine the
adequacy of the disclosure statement explaining J. Cioffi Leasing &
Trucking, Inc.'s plan of reorganization, if approximate to confirm
the Debtor's Plan for April 3, 2018, at 2:00 p.m.

Written objections to the adequacy of the Disclosure Statement and
to the confirmation of the Plan must be filed no later than seven
days prior to the April 3 hearing.

                    About J. Cioffi Leasing

J. Cioffi Leasing & Trucking, Inc., doing business as J. Cioffi
Cargo Management, is a trucking/warehousing vendor for various
clients including U.S. Customs, picking up and storing seizures
made out of Port NY/NJ.  It operates out of a warehouse located in
Carteret, New Jersey.  In June of 2014, J. Cioffi and landlord,
CenterPoint Minue, LLC, entered into a five-year and six-month
commercial lease agreement for the leasing of the warehouse.

J. Cioffi Leasing & Trucking filed a Chapter 11 bankruptcy petition
(Bankr. D.N.J. Case No. 17-14967) on March 14, 2017.  In the
petition signed by Joseph Cioffi, president, the Debtor estimated
$100,000 to $500,000 in assets and $500,000 to $1 million in
liabilities.  The Debtor is represented by Christopher J. Balala,
Esq., at Scura, Wigfield, Heyer, Stevens & Cammarota, LLP.


JBS USA: Moody's Hikes $900MM Notes Rating to B2; Outlook Negative
------------------------------------------------------------------
Moody's Investors Service has upgraded to B2 from B3 the rating on
$900 million 6.75% 10-year notes due 2028 (the "2028 notes")
co-issued by JBS USA Lux S.A. ("JBS USA") and JBS USA Finance, Inc.
When originally issued on February 15, 2018 the notes were not
guaranteed
by parent company JBS S.A. (B3 negative) and were rated B3 by
Moody's. JBS S.A. subsequently guaranteed the notes leading to
upgrade. The rating outlook is negative.

The instrument rating upgrade to B2 from B3 reflects the credit
enhancement provided by the JBS S.A. guarantee on February 22,
2018. Previously, the 2028 notes were effectively subordinate to
the other unsecured notes in the capital structure, which have a
parent guarantee and thus, were rated a notch higher at B2 by
Moody's. At this point, all of the rated debt instruments of JBS
USA are guaranteed by JBS S.A.

JBS USA currently has $3.5 billion of unsecured notes rated B2, all
of which are guaranteed by JBS S.A. This amount includes the $700
million 8.250% notes due 2020 that will be redeemed using proceeds
from the recently issued 2028 notes. The company also has $3.6
billion of senior secured bank facilities, including a $900 million
ABL revolver (unrated) and a $2.7 billion term loan (rated B1),
which are also guaranteed by JBS S.A.

RATINGS RATIONALE

JBS USA's direct debt instruments are guaranteed by parent company
JBS S. A., which controls JBS USA in all material respects. Thus,
JBS USA's instrument ratings are driven primarily by the credit
profile of JBS S.A. Moody's expects that any future changes to the
JBS S.A.
Corporate Family Rating or outlook will be reflected in the debt
instrument ratings and ratings outlook of JBS USA.

Moody's has taken the following actions on JBS USA Lux, S.A.:

Rating upgraded:

$900 million senior unsecured notes due February 2028 to B2 from
B3.

The rating outlook is negative.

Net proceeds from the 2028 notes will be used to redeem all of the
outstanding $700 million 8.250% parent-guaranteed senior unsecured
notes due 2020 that also were issued by JBS USA and JBS USA
Finance. The remaining proceeds will be used to repay borrowings
under the
company's ABL revolving credit facility and to supplement cash
balances.

JBS USA operates the US beef and pork segments and the Australian
beef, lamb and Primo packaged meats operations of Brazil-based JBS
S.A., the largest protein processor in the world. JBS USA also owns
a controlling indirect 76.7% equity interest in US-based Pilgrim's
Pride
Corporation (Ba3 stable), the world's largest poultry prcessor.
Reported net sales for JBS S.A. and JBS USA for the twelve months
ended September 2017 were approximately BRL 162.1 billion (USD50.3
billion) and $35.0 billion, respectively.

The principal methodology used in this rating was Global Protein
and Agriculture Industry published in June 2017.


JET MIDWEST: March 8 Meeting Set to Form Creditors' Panel
---------------------------------------------------------
Andy Vara, United States Trustee for Region 3, will hold an
organizational meeting on March 8, 2018, at 10:00 a.m. in the
bankruptcy cases of Jet Midwest Group, LLC.

The meeting will be held at:

               Office of the U.S. Trustee
               844 King Street, Room 3209
               Wilmington, DE 19801

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

                    About Jet Midwest

Jet Midwest is a global, multifaceted, aircraft service provider.
The Company is a full-service commercial aircraft, engine, and
spare parts trading company, offering creative product support
solutions and maintenance services.  The Company was founded in
1997 and is headquartered in Wilmington, Delaware.  Visit
http://www.jetmidwestgroup.comfor more information.

Jet Midwest Group, LLC sought Chapter 11 bankruptcy protection
(Bankr. D. Del., Case No. 18-10395) on Feb. 26, 2018, listing $10
million to $50 million in assets and $10 million to $50 million in
liabilities. The petition was signed by Karen Kraus, chief
operating officer. Christopher A. Ward, Esq. of Polsinelli PC
represents the Debtor. Hon. Kevin Carey presides over the case.


JOSEPH HEATH: Groveton Woods Condo Unit to Be Sold for $365K
------------------------------------------------------------
Joseph F. Heath asks the U.S. Bankruptcy Court for the Eastern
District of Virginia to authorize the sale of the real property
described as Groveton Woods Condo, Unit 5, Phase 1, Tax Map ID
#92-4-13-5, as found at Deed Book 2001, Page 39641, in the Land
Records of Fairfax County, Virginia, and otherwise known as 7115
Mason Grove Court, Unit 5, Alexandria, Virginia, to Christopher
Owens and Brandon Owens for $365,000.

The Debtor and the Buyers entered into a contract dated Feb. 17,
2018, with Addendums, for the sale and purchase of the Property.
The is no Seller's real estate commission incurred in the
transaction, and only the Buyer's agent's commission of 3.5%
(total) commission is due on the sale.  The Property will be sold
for $365,000, free and clear of liens, with $7,000 deposit.

A copy f the contract attached to the Motion is available for free
at:

    http://bankrupt.com/misc/Joseph_Heath_315_Sales.pdf

The Property is encumbered by two liens: a Deed of Trust with
Chase/Select Portfolio Services with a balance of approximately
$316,129, and a tax lien held by the Internal Revenue Service in
the amount of $970,369.  The total of all liens on the Property
exceed the Property's value and the net proceeds which are expected
to come from the proposed sale.

The value received from the sale is appropriate.  A Comparative
Market Analysis of the Property which shows an average sale price
of comparable homes as $361,633.  A draft Alta Combined Settlement
Statement estimates that after payment of the Chase lien and the
expenses of sale, the sum of $48,871 would be payable to the IRS,
less a reserve for the United States Trustee's Quarterly fees.
Upon information and belief, the trust holders whose claims are
impaired by the proposed sale either have or will consent to the
sale.

The Debtor proposes to pay the first trust in its entirety from the
sale and turning over the balance at settlement to the IRS less an
appropriate reserve for the payment of the United States Trustee's
Quarterly Fees which will be incurred by the transaction.

The proposed sale is in the best interest of the estate, since it
represents the greatest value to the estate and to the creditors
which may be derived from the Property, and also because the sale
of the Property will reduce the indebtedness owed to the IRS, the
blanket lien holder, and help to create equity in the other
property securing their claims.

The Motion is consistent with the Second Amended Plan of the debtor
confirmed by the Court on Dec. 22, 2017.

The case is In re Joseph F. Heath (Bankr. E.D. Va. Case No.
16-13486).


JOSEPH HEATH: Mount Zephyr Commons to Be Sold for $553K
-------------------------------------------------------
Joseph F. Heath asks the U.S. Bankruptcy Court for the Eastern
District of Virginia to authorize the sale of the real property
described as Mount Zephyr Commons, Lot 3, Phase 1, Tax Map ID
#101-3-32-3, as found at Deed Book 14082, Page 1935, in the Land
Records of Fairfax County, Virginia, and otherwise known as 4233
Sonya Court, Alexandria, Virginia, to Said Assadullah Said, Soufia
Said, and Malika Said for $552,500.

The Debtor and the Buyers entered into a Contract dated Feb. 20,
2018, with Addendums, for the sale of the Property for $552,500,
free and clear of liens, with $7,500 deposit.  The is no Seller's
real estate commission incurred in the transaction, and only the
Buyer's agent's commission of 3.5% (total) commission is due on the
sale.

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

    http://bankrupt.com/misc/Joseph_Heath_316_Sales.pdf

The Property is encumbered by two liens: a Deed of Trust with
ASC/Specialized Loan Servicing with a balance of approximately
$476,061, and a tax lien held by the Internal Revenue Service in
the amount of $970,369.  The total of all liens on the Property
exceed its value and the net proceeds which are expected to come
from the proposed sale.

The value received from the sale is appropriate.  A Comparative
Market Analysis of the property shows an average sale price of
comparable homes as $540,000.  A draft Alta Combined Settlement
Statement estimates that after payment of the ASC lien and the
expenses of sale, the sum of $55,113 would be payable to the IRS,
less a reserve for the United States Trustee's Quarterly fees.

Upon information and belief, the trust holders whose claims are
impaired by the proposed sale either have or will consent to the
sale.  The Debtor proposes to pay the first trust in its entirety
from the sale and turning over the balance at settlement to the IRS
less an appropriate reserve for the payment of the United States
Trustee's Quarterly Fees which will be incurred by the
transaction.

The proposed sale is in the best interest of the estate, since it
represents the greatest value to the estate and to the creditors
which may be derived from the Property, and also because the sale
of the Property will reduce the indebtedness owed to the IRS, the
blanket lien holder, and help to create equity in the other
property securing their claims.

The case is In re Joseph F. Heath (Bankr. E.D. Va. Case No.
16-13486).


LAURELS MEDICAL: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Laurels Medical Services
           dba Chariot
        4617 Carrigan Lane
        Carmichael, CA 95608

Business Description: Laurels Medical Services is a privately held
                      company in Carmichael, California that
                      provides hospital transportation services.

Chapter 11 Petition Date: February 27, 2018

Case No.: 18-21107

Court: United States Bankruptcy Court
       Eastern District of California (Sacramento)

Judge: Hon. Ronald H. Sargis

Debtor's Counsel: Stephan M. Brown, Esq.
                  THE BANKRUPTCY GROUP, P.C.
                  3300 Douglas Blvd., Suite 100
                  Roseville, CA 95661
                  Tel: 916-462-8567
                  E-mail: eric@thebklawoffice.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Shiraz Mir, secretary.

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/caeb18-21107.pdf


LAYNE CHRISTENSEN: Files Updated 2017 Annual Report
---------------------------------------------------
Layne Christensen Company filed a current report on Form 8-K with
the Securities and Exchange Commission for the purpose of updating
its Form 10-K for the fiscal year ended Jan. 31, 2017 filed with
the SEC on April 10, 2017 to update the following items for all
periods presented and to update its Risk Factors.

   * In the first quarter of fiscal year 2018, Layne Christensen
     Company sold substantially all of the assets of its Heavy
     Civil business.  The results of operations related to the
     Heavy Civil business have been retrospectively presented as
     discontinued operations for all periods presented.

   * As part of management's continued analysis in connection with

     the Water Resources Business Performance Initiative, the
     Company determined a better reflection of cost of revenues is
     to include indirect project manager costs that historically
     have been presented in selling, general and administrative
     expenses.  The Company has corrected all periods presented in
     the accompanying Consolidated Statement of Operations.  The
     correction had no effect on net loss and does not affect the
     Consolidated Balance Sheets.

   * Gain on sale of fixed assets were previously reported in
     other income (expense), net within the Condensed Consolidated
  
     Statement of Operations, rather than separately as part of
     income (loss) from operations or within cost of revenues as
     per SEC Regulation S-X guidance.  The Company has corrected
     all periods presented in the accompanying Consolidated
     Statement of Operations.  The change in presentation had no
     effect on net loss and does not affect the Consolidated
     Balance Sheets.

Layne Christensen reported a net loss attributable to the Company
of $52.23 million on $464.78 million of revenues for the year ended
Jan. 31, 2017, compared to a net loss attributable to the Company
of $44.77 million on $518.10 million of revenues for the year ended
Jan. 31, 2016.

As of Jan. 31, 2017, Layne Christensen had $436.15 million in total
assets, $353.88 million in total liabilities and $82.26 million in
total equity.

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

                      https://is.gd/tEdrxh

                   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 its affiliates in Latin America.  Layne
maintains executive offices at 1800 Hughes Landing Boulevard, Suite
800, The Woodlands, Texas 77380.


LSB INDUSTRIES: Swings to $59.4 Million Net Loss in 2017
--------------------------------------------------------
LSB Industries, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K reporting a net loss
attributable to common stockholders of $59.44 million on $427.50
million of net sales for the year ended Dec. 31, 2017, compared to
net income attributable to common stockholders of $64.76 million on
$374.58 million of net sales for the year ended Dec. 31, 2016.

For the three months ended Dec. 31, 2017, LSB Industries reported a
net loss attributable to common stockholders of $6.99 million on
$88.91 million of net sales compared to a net loss attributable to
common stockholders of $28.65 million on $85.36 million of net
sales for the three months ended Dec. 31, 2016.

As of Dec. 31, 2017, LSB Industries had $1.18 billion in total
assets, $576.02 million in total liabilities, $174.95 million in
redeemable preferred stock and $438.19 million in total
stockholders' equity.

"Our sales increased while adjusted EBITDA declined modestly
relative to the fourth quarter of last year as increased production
from our El Dorado facility, higher product pricing and improved
demand for mining products was offset by the impact of downtime at
our Pryor facility," stated Daniel Greenwell, LSB's president and
CEO.

"With respect to the operating performance of our facilities,
Cherokee's ammonia plant once again ran at a 99% on-stream rate for
the quarter, which was its fifth consecutive quarter of running at
this level.  El Dorado had an ammonia plant on-stream rate of
approximately 77% in the fourth quarter, which was an improvement
over the fourth quarter of the previous year, but lower than the
90% rate it operated at through the first three quarters 2017 as a
result of nineteen days of downtime necessary to address mechanical
issues on a boiler and a heat exchanger as discussed on our third
quarter call.  Since returning to service in late October, El
Dorado's ammonia plant has been producing at a rate in excess of
1,300 tons per day with an on-stream rate from that point to date
of 99%.  As previously announced, Pryor resumed production in early
December after being taken out of service towards the end of
September to repair damage to electrical controls, wiring and
piping that resulted from a minor fire at its ammonia plant.  In
addition to those repairs, we completed more extensive maintenance
work during the downtime which we expect to allow Pryor to forgo a
full turnaround later in 2018 and consistently operate at
significantly higher on-stream rates, thus enabling us to better
capitalize on the improving pricing environment for ammonia.  While
we were disappointed with how Pryor operated for the fourth
quarter, we believe that the significant work that we have done
during the third and fourth quarters of 2017 combined with the
enhanced maintenance programs we are implementing, will allow us to
operate at improved on-stream rates."

Mr. Greenwell concluded, "So far in the first quarter of 2018,
prices for several of the products we produce and sell,
particularly ammonia, and high density ammonium nitrate (HDAN) have
been strengthening and are currently above their levels from the
first quarter of last year.  Pricing in 2017 was negatively
impacted by excess inventory in the distribution channel from new
capacity brought online by several of our competitors.  We believe
the market has largely absorbed this excess capacity at this point
and do not anticipate product pricing to return to the trough
levels we experienced in the second half of 2017 that depressed our
full year 2017 results.  Additionally, we are focused on the
significant technological enhancements we are making to our company
wide maintenance management system, which will improve our ability
to proactively address potential downtime causing issues and
improve the overall reliability of all our plants.  We are on track
to complete these enhancements by the end of our 2018 second
quarter and should start to see the benefit in the second half of
2018. We expect that the improved maintenance system and practices,
coupled with the higher selling prices for our products should
result in materially improved financial results."

Comparison of 2017 to 2016 periods:

   * Net sales of the Company's agricultural products were
     essentially flat during the quarter relative to the prior
     year period.  Stronger pricing for HDAN was offset by lower
     ammonia volumes resulting from downtime at its Pryor facility
     as well as weaker market pricing for ammonia.  Urea ammonium
     nitrate (UAN) sales included approximately 32,955 tons
     purchased from third parties to meet customer obligations
     during the Pryor downtime.  UAN selling prices were
     negatively impacted by forward orders taken during the summer
     months at lower selling prices.  Net sales of industrial
     ammonia increased as a result of higher volumes from improved
     on-stream rates at El Dorado.  Low density ammonium nitrate
    (LDAN) sales volumes for mining applications also increased as
     a result of its sales and marketing efforts and stronger
     overall demand from this market.  Sales of nitric acid from
     the Baytown facility increased as a result of rising levels
     of industrial manufacturing throughout the U.S.

   * Adjusted EBITDA from continuing operations was lower compared
     to the prior year period primarily due to the aforementioned
     downtime at the Pryor facility, partially offset by improved
     on-stream rates and lower fixed costs at El Dorado as
     compared to the fourth quarter of 2016.

          Financial Position and Capital Expenditures

As of Dec. 31, 2017, the Company's total cash position was $33.6
million.  Additionally, the Company had approximately $41.2 million
of borrowing availability under our Working Capital Revolver.
There were no borrowings under the Working Capital Revolver at Dec.
31, 2017.

Total long-term debt, including the current portion, was $409.4
million at Dec. 31, 2017 compared to $420.2 million at Dec. 31,
2016.  The aggregate liquidation value of the Series E Redeemable
Preferred at Dec. 31, 2017, inclusive of accrued dividends of $45.5
million, was $185.2 million.

Interest expense, net of capitalized interest, for the fourth
quarter of 2017 was $9.3 million compared to $9.8 million for the
same period in 2016.  For the full year of 2018, the Company
expects interest expense to be approximately $35 - $40 million.

Capital expenditures were approximately $10.3 million in the fourth
quarter of 2017.  For the full year of 2018, total capital
expenditures, which are related to maintaining and enhancing safety
and reliability at our facilities, are expected to be approximately
$35 million.

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

                     https://is.gd/JajTDm

                        LSB Industries

Headquartered in Oklahoma City, Oklahoma, LSB Industries, Inc. --
http://www.lsbindustries.com/-- manufactures and sells chemical
products for the agricultural, mining, and industrial markets.  The
Company owns and operates facilities in Cherokee, Alabama, El
Dorado, Arkansas and Pryor, Oklahoma, and operates a facility for a
global chemical company in Baytown, Texas.  LSB's products are sold
through distributors and directly to end customers throughout the
United States.

                          *    *    *

In November 2017, S&P Global Ratings affirmed its 'CCC' corporate
credit rating on LSB Industries.  S&P said the company continues to
experience operational issues at both its El Dorado and Pryor
plants, and although the company has shown improved operating
results thus far in 2017, S&P still views leverage metrics to be at
unsustainable levels for the next year.

In November 2016, Moody's Investors Service downgraded LSB's
corporate family rating (CFR) to 'Caa1' from 'B3', its probability
of default rating to 'Caa1-PD' from 'B3-PD', and the $375 million
guaranteed senior secured notes to 'Caa1' from 'B3'.  LSB's 'Caa1'
CFR rating reflects Moody's expectations that the combined
uncertainty over operational reliability and the compressed
margins, resulting from the low nitrogen fertilizer pricing
environment, could result in continued weak financial metrics for a
protracted period.


MARRONE BIO: PRIMECAP Management Has 8.37% Stake as of Dec. 31
--------------------------------------------------------------
PRIMECAP Management Company disclosed in a Schedule 13G/A filed
with the Securities and Exchange Commission that as of Dec. 31,
2017, it beneficially owns 2,625,600 shares of common stock of
Marrone Bio Innovations, Inc., constituting 8.37 percent of the
shares outstanding.  A full-text copy of the regulatory filing is
available for free at https://is.gd/OQKwE1

                  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.


MCHYL ENTERPRISES: Case Summary & 16 Unsecured Creditors
--------------------------------------------------------
Debtor: MCHYL Enterprises, Inc.
           dba All Pro Printing
           dba All Pro Direct Marketing
        11548 Pyramid Drive
        Odessa, FL 33556

Business Description: MCHYL Enterprises, Inc. is a privately
                      held company in Odessa, Florida that
                      provides printing and related support
                      activities.

Chapter 11 Petition Date: March 1, 2018

Case No.: 18-01594

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

Debtor's Counsel: Buddy D Ford, Esq.
                  BUDDY D. FORD, P.A.
                  9301 West Hillsborough Avenue
                  Tampa, FL 33615-3008
                  Tel: 813-877-4669
                  Fax: 813-877-5543
                  E-mail: Buddy@TampaEsq.com
                         All@tampaesq.com

                     - and -

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

Total Assets: $425,929

Total Liabilities: $1,550,000

The petition was signed by Thomas A. McLaren, president/CEO.

A full-text copy of the petition, along with a list of 16 unsecured
creditors, is available for free at:

            http://bankrupt.com/misc/flmb18-01594.pdf


MEDOVEX CORP: Securities Delisted from Nasdaq
---------------------------------------------
The Nasdaq Stock Market LLC filed a Form 25-NSE with the Securities
and Exchange Commission notifying the removal from listing or
registration of Medovex Corp.'s common stock and warrant on the
Exchange.

                       About Medovex Corp.

Headquartered in Alpharetta, Ga., Medovex Corp. is in the business
of designing and marketing proprietary medical devices for
commercial use in the United States and Europe.  It focuses on
development and commercialization of the DenerveX System, which
consists of the DenerveX Device and the DenerveX Pro-40 power
generator (DenerveX).  DenerveX is a device that is intended to be
used in the treatment of conditions resulting from the degeneration
of joints in the spine that cause back pain.  The DenerveX Pro-40
Power Generator is the power source for the DenerveX System.

Medovex reported a net loss of $16.22 million for the year ended
Dec. 31, 2016, compared to a net loss of $6.52 million for the year
ended Dec. 31, 2015.  As of Sept. 30, 2017, Medovex had $2.59
million in total assets, $592,190 in total liabilities and $2
million in total stockholders' equity.

Frazier & Deeter, LLC, in Atlanta, Georgia, issued a "going
concern" qualification in its report on the Company's financial
statements for the year ended Dec. 31, 2016, noting that the
Company's products are being developed and have not generated
revenues to date.  As a result, the Company has suffered losses
since its inception.  This raises substantial doubt about the
Company's ability to continue as a going concern.


NEXT LISTING: Wants Exclusive Plan Filing Extended Through Aug. 1
-----------------------------------------------------------------
Next Listing, LLC, and Bobby Alcozer and Mitzy Alcozer ask the U.S.
Bankruptcy Court for the Southern District of Texas to extend the
exclusivity during which only the Debtor can file a plan of
reorganization through and including Aug. 1, 2018.

The Debtor's current exclusivity ends April 30, 2018.  The Debtors
are associated with the real estate industry.  Hurricane Harvey and
8 weeks of rain have slowed down the recovery process in this
chapter 11 bankruptcy proceeding.  April 30, 2018, is too soon for
the Debtor, as well as the creditors to determine how well the
Debtor will recover, and it would be in the best interest of the
creditors.  

The Debtor believes that Aug. 1, 2018 is a more reasonable deadline
for filing the plan of reorganization.  This is the first extension
motion filed by the Debtor.  The United States Trustee does not
oppose this Motion.

A copy of the Debtors' request is available at:

         http://bankrupt.com/misc/txsb17-36042-38.pdf

                       About Next Listing

A real estate marketing company, Next Listing, LLC, filed a Chapter
11 petition (Bankr. S.D. Tex. Case No. 17-36042) on Oct. 31, 2017,
estimating under $1 million in assets and liabilities.  Margaret M.
McClure, Attorney at Law, serves as counsel to the Debtor.


ORANGE ACRES: Ongoing Talks Delay Filing of Plan
------------------------------------------------
Orange Acres Ranch Homeowners Association, Inc., asks the U.S.
Bankruptcy Court for the Middle District of Florida to extend the
exclusive periods during which only the Debtor can file a plan of
reorganization and solicit acceptance of plan through and including
March 27, 2018, and May 29, 2018, respectively.

As reported by the Troubled Company Reporter on Jan. 2, 2018, the
Debtor asked the Court to extend the exclusive plan filing and
solicitation periods through and including Feb. 27, 2018, and April
27, 2018, respectively.

The Court scheduled a hearing on that motion for Jan. 10, 2018, at
9:30 a.m.  At the Jan. 10, 2018 hearing, the Court continued the
hearing to Feb. 28, 2018.  On Feb. 20, 2018, the Court filed a
notice and rescheduled the Feb. 28, 2018, hearing to March 8, 2018.
Consequently, a court order has not been entered on the motion.  

The Debtor is continuing to work on the plan and discussing plan
treatment with parties in interest.  The Debtor had focused efforts
on third-party financing which is currently not available due to
the existence of agreements which are the subject of a pending
motion to reject.

The Debtor assures the Court that the latest request for extension
of the exclusive periods is not submitted for purposes of delay.

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

          http://bankrupt.com/misc/flmb17-04326-90.pdf

                About Orange Acres Ranch Homeowners

Orange Acres Ranch Homeowners Association, Inc., is listed as a
Florida Not For Profit Corporation, which owns and operates a
mobile home park known as Orange Acres Ranch.  The Park consists of
210 lots, including 73 unimproved lots.  The Park amenities include
a clubhouse and swimming pool.

Orange Acres Ranch Homeowners Association filed a Chapter 11
petition (Bankr. M.D. Fla. Case No. 17-04326) on May 18, 2017.  The
petition was signed by Brent Geary, its president.  At the time of
filing, the Debtor estimated assets and liabilities of $1 million
to $10 million.  The case is assigned to Judge Michael G.
Williamson.  The Debtor is represented by Scott A. Stichter, Esq.,
at Stichter Riedel Blain & Postler, P.A.


PENICK PRODUCE: March 7 Plan Confirmation Hearing
-------------------------------------------------
Judge Jason D. Woodard of the U.S. Bankruptcy Court for the
Northern District of Mississippi approved the disclosure statement
explaining Penick Produce Co., Inc., et al.'s joint plan and
reorganization, after finding that no timely objection to the
Disclosure Statement was made and that the Disclosure Statement
contains adequate information as required by Section 1125 of the
Bankruptcy Code.

The hearing to consider confirmation of the Plan and to hear any
other matters properly before the Court shall be held on Wednesday,
March 7, 2018, at 10:30 a.m. in Courtroom 4D, United States
Courthouse, Oxford, Mississippi.

Any objections to confirmation of the Plan, or to the Cure Amounts
stated in the Plan, must be filed with the Court on or before March
2, 2018.

                 About Penick Produce Company

Founded in 1991, Penick Produce Co., Inc., is a small organization
in the fresh fruits and vegetable companies industry located in
Vardaman, Mississippi.

Penick Produce, Co., and affiliates Penick Business LP and Penick
LP sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Miss. Lead Case No. 17-11522) on April 26, 2017.  

In the petition signed by Robert A. Langston, the Debtors'
president, Penick Produce estimated assets at $10 million to $50
million and debt at $1 million to $10 million.

Judge Jason D. Woodard presides over the cases.

Douglas C. Noble, Esq., at McCraney, Montagnet, Quin & Noble, PLLC,
serves as the Debtors' counsel.  Legacy Capital, Inc., is the
investment banker.

An official committee of unsecured creditors was appointed by the
U.S. Trustee on May 16, 2017, and modified on May 18, 2017.  The
Committee retained the Law Office of Derek A. Henderson, as
counsel.


PHILADELPHIA HAITIAN: Case Summary & 12 Unsecured Creditors
-----------------------------------------------------------
Debtor: Philadelphia Haitian Baptist Church of Orlando, Inc.
           aka Eglise Baptiste Haitienne Philadelphie
        PO Box 580812
        Orlando, FL 32858

Business Description: Philadelphia Haitian Baptist Church of
                      Orlando, Inc. is a privately held company in
                      Orlando, Florida categorized under the
                      religious organizations industry.  It
                      previously sought bankruptcy protection on
                      June 6, 2014 (Bankr. Md. Fla. Case No.
                      14-06667).

Chapter 11 Petition Date: February 28, 2018

Case No.: 18-01091

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

Judge: Hon. Cynthia C. Jackson

Debtor's Counsel: Cynthia E. Lewis, Esq.
                  LEWIS & MONROE, PLLC
                  PO Box 540163
                  Orlando, FL 32854 0163
                  Tel: (407) 872-7447
                  Fax: (407) 246-0008
                  E-mail: clewis@jamesmonroepa.com
                          JamesMonroe@JamesMonroePA.com

Total Assets: $5.25 million

Total Liabilities: $4 million

The petition was signed by Jean-Caroll Bernadin, pastor/president.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 12 largest unsecured creditors is available
for free at:

             http://bankrupt.com/misc/flmb18-01091.pdf


PIONEER ENERGY: Provides Operations & Recent Developments Update
----------------------------------------------------------------
From time to time, senior management of Pioneer Energy Services
meets with groups of investors and business analysts.  The Company
filed with the Securities and Exchange Commission copies of the
slides in connection with management's participation in those
meetings and participation in the 18th Annual Simmons Energy
Conference.  The slides provide an update on the Company's
operations and certain recent developments, which among others,
include the following:

Fourth Quarter 2017 Highlights

   * Industry-leading U.S. drilling margin per day of $9,411.

   * In Colombia, the seventh drilling rig is preparing to
     mobilize to begin operations early in the second quarter.

   * Coiled tubing revenue increased 29%, and generated a gross
     margin of 24%.

   * Full-year 2017 Total Recordable Incident Rate of less than
     1.0.

First Quarter 2018 Guidance

   * U.S. drilling utilization of 100% with average margins per
     day of $9,400 to $9,700.

   * International drilling utilization of 70% to 75% with average

     margins per day of $7,000 to $8,000.

   * Production services revenues up 10% to 15% sequentially with
     a gross margin of 24% to 26%.

The slides are available for free at https://is.gd/Gd2A9q

                          About Pioneer

Based in San Antonio, Texas, Pioneer Energy Services --
http://www.pioneeres.com/--provides well, wireline, and coiled
tubing services to producers in the U.S. Gulf Coast, offshore Gulf
of Mexico, Mid-Continent and Rocky Mountain regions through its
Production Services Segment.  Pioneer also provides contract land
drilling services to oil and gas operators in Texas, the
Mid-Continent and Appalachian regions and internationally in
Colombia through its Drilling Services Segment.

Pioneer Energy reported a net loss of $75.11 million in 2017, a net
loss of $128.4 million in 2016, a net loss of $155.1 million in
2015, and a net loss of $38.01 million in 2014.  As of Dec. 31,
2017, Pioneer Energy had $766.86 million in total assets, $556.77
million in total liabilities and $210.09 million in total
shareholders' equity.

                           *    *    *

In November 2017, Moody's upgraded Pioneer Energy Services'
Corporate Family Rating to 'Caa2' from 'Caa3'.  Pioneer' Caa2 CFR
reflects the company's elevated debt balance pro forma for the $175
million senior secured term loan issuance, as reported by the TCR
on Nov. 13, 2017.


PREMIUM POINT: Chapter 15 Case Summary
--------------------------------------
Lead Debtor: Premium Point Master Mortgage Credit Fund, Ltd.
             Century Yard, Cricket Square
             P.O. Box 493
             Grand Cayman
             Cayman Islands

Type of Business: Hedge Fund

Foreign
Proceeding
in Which
Appointment
of the Foreign
Representatives
Occurred:         Liquidation proceeding in Grand
                  Court of the Cayman Islands FSD
                  241 of 2017

Evidence of
Foreign
Proceeding:       Order dated December 14, 2017,
                  in the Cayman Proceeding

Chapter 15 Petition Date: March 1, 2018

Affiliated entities that commenced Chapter 15 bankruptcy cases:

    Debtor                                              Case No.
    ------                                              --------
Premium Point Master Mortgage Credit Fund, Ltd.         18-10586
Premium Point Offshore Mortgage Credit Fund, Ltd.       18-10587
Premium Point ERISA Master Mortgage Credit Fund, Ltd.   18-10588
Premium Point ERISA Offshore Mortgage Credit Fund, Ltd. 18-10589
Premium Point Master New Issue Opportunity Fund, Ltd.   18-10590
Premium Point Offshore New Issue Opportunity Fund, Ltd. 18-10591
Premium Point Mini-Master New Issue Opportunity Fund    18-10592
PPI ACQ, Ltd.                                           18-10593

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

Debtors'
Authorized
Representatives: Jeffrey Stower and Kris Beighton
                 Century Yard, Cricket Square
                 P.O. Box 493
                 Grand Cayman
                 Cayman Islands


Chapter 15
Petitioners'
Counsel:         James Bentley, Esq.
                 Harry S. Davis, Esq.
                 SCHULTE ROTH & ZABEL, LLP
                 919 Third Avenue
                 New York, NY 10022
                 Tel: (212) 756-2000
                 Fax: (212) 593-5955
                 E-mail: james.bentley@srz.com
                         harry.davis@srz.com

Estimated Assets: Unknown

Estimated Debts: Unknown

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

           http://bankrupt.com/misc/nysb18-10586.pdf


QUADRANT 4: March 20 Hearing on Residual Software Platforms Sales
-----------------------------------------------------------------
Judge Jack B. Schmetterer of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized the Settlement and Asset
Purchase Agreement of Quadrant 4 System Corp. and its affiliates
with BIP Lender, LLC, in connection with Quadrant 4's private sale
of residual software platforms for $1 million credit bid.

The Sale Procedures are approved in all respects subject to the
terms in the Order.

The notice of hearing for the sale of the Acquired Assets and any
related deadlines are approved and will be served by the Debtor.
The Sale Notice to be issued in connection with the proposed Sale
is approved and made a part in the Order.

A copy of the Sale Notice attached to the Order is available for
free at:

       http://bankrupt.com/misc/Quadrant_4_363_Order.pdf

The Court will conduct the Sale Hearing on March 20, 2018 at 11:00
a.m. (CT).  Any objection to the Sale must be filed at least two
days before the Sale Hearing.

Pursuant to Bankruptcy Rules 2002(a), 2002(d) and 6004, and with
the following manner of notice being found to be adequate and
sufficient notice of the relief sought in the Motion, including the
sale of the Acquired Assets, the Debtor be and is ordered and
directed to serve a copy of the Sale Notice within one business day
of entry of the Sale Procedures Order, to the Notice Recipients.

The stays provided for in Bankruptcy Rules 6004(h) and 6006(d) are
waived and the Sale Procedures Order will be effective immediately
upon its entry.

                    About Quadrant 4 System

Quadrant 4 System Corporation (OTC:QFOR) -- http://www.qfor.com/--
sells IT products and services.  Its revenues are primarily
generated from the placement of staffing or solution consultants,
and the sale and licensing of its proprietary cloud-based Software
as a Service (SaaS) systems, as well as a wide range of technology
oriented services and solutions.  The company's principal executive
offices are located in Schaumburg Illinois.  It also operates its
business from various offices located in Naples, Florida;
Alpharetta, Georgia; Bingham Farms, Michigan; Cranbury, New Jersey;
Pleasanton, California; and Ann Arbor, Michigan.

Quadrant 4 is the 100% owner of the issued and outstanding common
stock of Stratitude, Inc., a California corporation, which it
acquired on or about Nov. 3, 2016.  Concurrently with the
Stratitude Acquisition, Stratitude acquired certain of the assets
of Agama Solutions, Inc., a California corporation.  Both
Stratitude and Agama are located in Pleasanton and Fremont,
California and are
engaged in the IT business.

Quadrant 4 disclosed total assets of $47.05 million and total
liabilities of $31.39 million as of Sept. 30, 2016.

Quadrant 4 filed a Chapter 11 petition (Bankr. N.D. Ill. Case No.
17-19689) on June 29, 2017.   Stratitude, Inc., filed a Chapter 11
petition (Bankr. N.D. Ill. Case No. 17-30724) on Oct. 13, 2017.
The case is jointly administered with that of Quadrant 4.  

Quadrant 4, which was subject to a securities fraud probe that led
to the arrest and resignation of its top two executives seven
months ago, sought Chapter 11 protection after reaching a
settlement with the U.S. Securities and Exchange Commission and
signing deals to sell four business segments for at least $6.9
million.

The Debtors' cases are assigned to Judge Jack B. Schmetterer.

The Debtors' bankruptcy counsel is Adelman & Gettleman Ltd.  Nixon
Peabody LLP acts as special counsel to the Debtors for matters
concerning taxes, labor, ERISA, securities compliance,
international law, and related matters while Faegre Baker Daniels
LLP acts as special counsel for securities litigation.  The
Debtors
hired Silverman Consulting Inc. as financial consultant, and
Livingstone Partners, LLC, as investment banker.

On July 10, 2017, an official committee of unsecured creditors was
appointed in the Debtor's case.  The Committee retained Sugar
Felsenthal Grais & Hammer LLP as its legal counsel, and Amherst
Partners, LLC, as its financial advisor.


RAEISI GROUP: Case Summary & Unsecured Creditor
-----------------------------------------------
Debtor: Raeisi Group, Inc.
        459 W. Broadway, Suite 10
        Glendale, CA 91204

Business Description: Raeisi Group, Inc. is a privately held
                      company that owns a real property located at
                      20714 E. Convina Hills Road, Covina, CA
                      91724 valued by the Company at $1.60
                      million.  The Company is a small business
                      Debtor as defined in 11 U.S.C. Section
                      101(51D).  Raeisi Group is company based in
                      Glendale, California and was established on
                      Aug. 12, 2011.

Chapter 11 Petition Date: February 28, 2018

Case No.: 18-12224

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Robert N. Kwan

Debtor's Counsel: Christopher P. Walker, Esq.
                  LAW OFFICE OF CHRISTOPHER P. WALKER, P.C.
                  505 S Villa Real Dr Ste 103
                  Anaheim Hills, CA 92807
                  Tel: 714-639-1990
                  Fax: 714-637-1636
                  E-mail: cwalker@cpwalkerlaw.com

Total Assets: $2.04 million

Total Liabilities: $684,885

The petition was signed by Bahram Dadvar, secretary.

The Debtor lists Elin Khachatourian as its sole unsecured creditor
holding a claim of $36,500.

A full-text copy of the petition is available for free at:
  
         http://bankrupt.com/misc/cacb18-12224.pdf


SAMUEL WYLY: $68K Sale of Arlington Stoneridge Interest Okayed
--------------------------------------------------------------
Judge Harlin DeWayne Hale of the U.S. Bankruptcy Court for the
Northern District of Texas authorized the private sale by Samuel
Evans Wyly and Robert Yaquinto, Jr., the duly-appointed chapter 7
Trustee of Caroline D. Wyly, of their interest in Arlington
Stoneridge Associates, Ltd. to Virginia Fain for $67,500.

The sale is free and clear of all interests, if any, with any such
interest to attach to the net proceeds of the sale.

Within seven days after receipt by the each of the Movants of full
and final payment of the net sale proceeds from Arlington
Stoneridge Interests, the Movants will each file a Notice of Sale
with the Court listing the net proceeds received by their
respective estate.

The net proceeds from the sale of the Sam Wyly's ownership interest
in Arlington Stoneridge will be deposited and held in his DIP
account.  The net proceeds from the sale of the Probate Estate's
ownership interest in Arlington Stoneridge will be deposited and
held in the Trustee's estate account, pending further agreement
among the parties regarding distribution of such proceeds.

The stay under Bankruptcy Rule 6004(h) is waived; accordingly, the
terms of the Order will take effect and be enforceable
immediately.

                         About Sam Wyly

Samuel Wyly is a lifelong entrepreneur and author.  His first book,
1,000 Dollars & An Idea, is a biography that tells his story of
creating and building companies, including University Computing,
Michaels Arts & Crafts, Sterling Software, and Bonanza Steakhouse.
His second book, Texas Got It Right!, co-authored with his son,
Andrew, was gifted to roughly 450,000 students and teachers,
thought leaders, and readers, and continues to be a best-seller in
its Amazon category.

In September 2014, a federal judge ordered Mr. Wyly and the estate
of his deceased brother to pay more than $300 million in sanctions
after they were found guilty of committing civil fraud to hide
stock sales and nab millions of dollars in profits.

Samuel Wyly filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Tex. Case No. 14-35043) on Oct. 19, 2014, weeks after a judge
ordered him to pay several hundred million dollars in a civil fraud
case.

On Oct. 23, 2014, Dee Wyly filed her voluntary petition for relief
under chapter 11 of the Bankruptcy Code, thereby initiating her
bankruptcy case.

On Nov. 10, 2014, the Court ordered "the procedural consolidation
and joint administration of the chapter 11 cases of Samuel E. Wyly
and Caroline D. Wyly [under] Case No. 14-35043."

On Dec. 2, 2014, the Court entered an order appointing an official
committee of unsecured creditors in Sam's Case.

On Nov. 23, 2016, the Court converted Dee's Case to a case under
chapter 7 of the Bankruptcy Code and terminated the joint
administration of the bankruptcy cases.  Robert Yaquinto, Jr., was
subsequently appointed as the chapter 7 trustee to administer Dee
Wyly's bankruptcy estate.


SCIENTIFIC GAMES: Incurs $242.3 Million Net Loss in 2017
--------------------------------------------------------
Scientific Games Corporation filed with the Securities and Exchange
Commission its annual report on Form 10-K reporting a net loss of
$242.3 million on $3.08 billion of total revenue for the year ended
Dec. 31, 2017, compared to a net loss of $353.7 million on $2.88
billion of total revenue for the year ended Dec. 31, 2016.

As of Dec. 31, 2017, Scientific Games had $7.72 billion in total
assets, $9.75 billion in total liabilities, and a total
stockholders' deficit of $2.02 billion.

As of Dec. 31, 2017, the Company had cash and cash equivalents of
$788.8 million.

"We believe that our cash flow from operations, available cash and
cash equivalents and available borrowing capacity under our
existing or anticipated financing arrangements will be sufficient
to meet our liquidity needs for the foreseeable future; however, we
cannot assure that this will be the case.  We believe that
substantially all cash held outside the U.S. is free from legal
encumbrances or similar restrictions that would prevent it from
being available to meet our global liquidity needs," stated the
Company in the Annual Report.

Total cash held by the Company's foreign subsidiaries was $57.6
million as of Dec. 31, 2017.

Net cash provided by operating activities for the year ended Dec.
31, 2017 as compared to the prior year period increased primarily
due to a $174.5 million increase in incremental net earnings after
reconciling adjustments and changes in deferred taxes, partially
offset by changes in working capital accounts as the prior year
benefited from the timing of receivable collections and cash
disbursements coupled with various other changes in the Company's
working capital accounts.

Net cash used in investing activities increased primarily due to
the business acquisitions, the November 2017 acquisition of 36% of
the outstanding ordinary shares and other securities of NYX for
$91.9 million and $20.8 million in higher capital expenditures,
primarily associated with its recently launched WAP and other
participation units.  Capital expenditures are composed of
investments in systems, equipment and other assets related to
contracts, property and equipment, intangible assets and software.


Net cash provided by financing activities increased primarily due
to the February 2017 Refinancing, August 2017 Refinancing and
October 2017 Financing transactions and revolving credit facility
borrowings in anticipation of closing the NYX acquisition on Jan.
5, 2018, combined with lower principal payments on the long-term
debt during the period.  During the year ended Dec. 31, 2017, the
Company also incurred $58.7 million in debt issuance and deferred
financing costs.

Net cash provided by operating activities for the year ended Dec.
31, 2016 increased $4.8 million over the prior year.  The increase
in net cash provided by operating activities was primarily due to
the incremental net earnings, net of non-cash items of $97.3
million and a $92.5 million decrease in working capital and other
items.

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

                      https://is.gd/R9xepD

                     About Scientific Games

Based in Las Vegas, Nevada, Scientific Games Corporation
(NASDAQ:SGMS) -- http://www.scientificgames.com/-- is a gaming
entertainment company offering a portfolio of game content,
advanced systems, cutting-edge platforms and professional services.
The company offers technology-based gaming systems, digital
real-money gaming and sports betting platforms, casino table games
and utility products and lottery instant games, and a leading
provider of games, systems and services for casino, lottery and
social gaming.  Committed to responsible gaming, Scientific Games
delivers what customers and players value most: trusted security,
engaging entertainment content, operating efficiencies and
innovative technology.


SEARS FARM: Case Summary & 19 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Sears Farm, LLC
        1142 Executive Circle, Suite D
        Cary, NC 27511

Type of Business: Sears Farm, LLC owns various land parcels in
                  Cary, North Carolina having a total appraised
                  value of $11.05 million.

Chapter 11 Petition Date: March 1, 2018

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

Case No.: 18-00986

Judge: Hon. Stephani W. Humrickhouse

Debtor's Counsel: William P. Janvier, Esq.
                  JANVIER LAW FIRM, PLLC
                  311 E Edenton Street
                  Raleigh, NC 27601
                  Tel: 919 582-2323
                  Fax: 866 809-2379
                  Email: bill@janvierlaw.com

                    - and -

                  Kathleen O'Malley, Esq.
                  JANVIER LAW FIRM, PLLC
                  311 E. Edenton Street
                  Raleigh, NC 27601
                  Tel: 919 582-2323
                  Fax: 866 809-2379
                  E-mail: kathleen@janvierlaw.com

Debtor's
Special
Counsel:          Perry R. Safran, Esq.

                    - and -

                  Eric R. Spence, Esq.

Total Assets: $21.76 million

Total Liabilities: $7.75 million

The petition was signed by William W. Sears, member/manager.

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

           http://bankrupt.com/misc/nceb18-00986.pdf

List of Debtor's 19 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Betty Bitting                      Promissory Note        $40,000

BlueSpire Senior Living              Trade Debt           $99,345

Debbie Via                         Promissory Notes       $40,000

Donald Bitting                     Promissory Note        $40,000

Educational Information               Trade Debt          $13,950
Corporation

James and Nancy Sears              Promissory Note        $60,000

Linda S. Suggs                     Promissory Note       $110,000

McGuireWoods LLP                     Legal Fees           $10,807

Omer G. Ferrell &                 1976 Ford Truck         $18,500
Son Grading Co                     and 1978 Ford
                                      Tractor

Ragsdale Liggett PLLC                Legal Fees          $105,470

Safran Law Offices                   Legal Fees          $157,933

Samaritan Housing                  Promissory Note       $500,000
Foundation
Attn: Officer/Managing Agent
212 South Tryon
Street Suite 1000
Charlotte, NC 28281

SearStone North, LLC                    Loan              $93,000

Searstone Village                     HOA Dues            $63,599
Prop. Owners Asso

Summit Design &                 Consulting Services       $15,532
Engineering Service              Billed to Sears
                                Hackney Keener and
                                  Williams, Inc.

UMB Bank, N.A. as                 All Sears Farm               $0
Master Trustee                    real property
                                  except Lot #1

Wake County Revenue              Business Property        $40,332
Department                    tax and real property
                                      taxes

William Scotsman                Sales Office Rental       $10,932

William W. Sears                       Loan                $1,300


SHAMROCK ROOFING: March 28 Plan Confirmation Hearing
----------------------------------------------------
Judge Karen K. Brown of the U.S. Bankruptcy Court for the Southern
District of Texas, Houston Division, will convene a hearing on
March 28, 2018, at 11:00 a.m., to determine confirmation of the
plan of reorganization of Paul Martin, Shamrock Roofing and
Remodelling LLC of Spring Texas, and Spring Shamrock Holdings Co.,
Inc.

Judge Brown approved the disclosure statement explaining the
Debtor's Plan on Feb. 26.

March 26 is fixed as the last day for filing written acceptances or
rejections of the Plan.  March is also fixed as the last day for
filing and serving written objections to confirmation of the Plan.

The Plan contemplates that the Debtors will use of all postpetition
and post-Confirmation income/revenue, proceeds from the collection
of the Debtor's accounts receivables, proceeds from the sale of
assets, and proceeds from recovery of Voidable Transfers.  The Plan
further provides that the Debtors will retain all Estate property,
including all property of the Debtors as defined in 11 U.S.C.
Section 541, to the extent same are assets of the Debtors'
bankruptcy estates, as well as all Avoidance Actions.

The IRS has filed a Proof of Claim asserting an unsecured Priority
Claim in the amount of $82,362.12 for 2015 and 2016 taxes against
Debtor Paul Martin.  The Debtor, Paul Martin, will pay the IRS's
Unsecured Priority Claim in 60 equal monthly payments commencing on
the Effective Date with interest at the rate of 3% per annum.

In addition, the IRS is asserting an Unsecured Claim in the amount
of $4,791.48 for penalties against Debtor Paul Martin. In the event
the IRS Unsecured Claim is allowed as filed, the IRS will be paid
pursuant to the terms set forth for unsecured creditors in Class
8.

The IRS has filed a Proof of Claim asserting an unsecured Priority
Claim in the amount of $19.70 for 2014 and 2017 taxes against
Shamrock Roofing. The Debtor, Shamrock Roofing, will pay the IRS's
Unsecured Priority Claim in full on the Effective Date.

In addition, the IRS is asserting an Unsecured Claim in the amount
of $1,549.12 for penalties against Debtor Shamrock Roofing. In the
event the IRS Unsecured Claim is allowed as filed, the IRS will be
paid pursuant to the terms set forth for unsecured creditors in
Class 8.

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

            http://bankrupt.com/misc/txsb17-33689-68.pdf

                     About Shamrock Roofing

Shamrock Roofing of Spring, Texas was created to assist homeowners
with the high cost of roofing repairs and roof replacements.  Its
owner, Paul Martin, has been roofing in the gulf region for 12
years and Shamrock knows what GAF products hold up to its unique
environment.

Shamrock Roofing and Remodeling LLC of Spring Texas, filed a
Chapter 11 bankruptcy petition (Bankr. S.D. Tex. Case No. 17-33690)
on June 13, 2017, indicating under $1 million in both assets and
liabilities.  The Debtor is represented by Steven A. Leyh, Esq., at
Leyh Payne & Mallia, PLLC.


SHIEKH SHOES: Store Closing Sales at 45 Locations Approved
----------------------------------------------------------
Judge Vincent P. Zurzolo of the U.S. Bankruptcy Court for the
Central District of California authorized Shiekh Shoes, LLC (i) to
self-manage and conduct store closing sales at 45 of its stores;
(ii) to sell all of its personal property at the closing stores in
connection with the closing sales; and (iii) to reject any lease
relating to a closing store pursuant to the lease rejection
procedures.

An initial hearing on the Motion on shortened notice was held on
Feb. 22, 2018 at 9:30 a.m.  A continued hearing was held on Feb.
27, 2018, at 1:30 p.m.

The Debtor is authorized to conduct the Closing Sales at the
Closing Stores, and with such Closing Stores in accordance with the
Order, the Sale Guidelines, and any side letter entered into
between the Debtor and a landlord of an affected Closing Store,
which sales may be conducted as "store closing," "sale on
everything," "everything must go," "inventory liquidation," or
similar-themed sales.  In furtherance thereof, the Debtor and each
of its respective officers, employees, and agents are authorized to
execute such documents and to do such acts as are necessary or
desirable to carry out the Closing Sales and each of the
transactions and related actions contemplated or set forth
therein.

Notwithstanding any contrary provision in any lease or occupancy
agreement governing the Debtor's occupancy of a Closing Store, the
Debtor is authorized to discontinue operations at the Closing
Stores in accordance with this Order and the Sale Guidelines.  All
newspapers and other advertising media in which the Closing Sales
may be advertised and all landlords of the Closing Stores are
directed to accept the Order as binding authority so as to
authorize the Debtor to conduct the Closing Sales and the sale of
the Debtor's Personal Property, including any inventory and any
fixtures, furniture, and equipment pursuant to the Sale Guidelines,
including, without limitation, to conduct and advertise the sale of
the Personal Property in the manner contemplated by, and in
accordance with, this Order, the Sale Guidelines, and any side
letter agreement entered into between the Debtor and any landlord
of an affected Closing Store.

To the extent that the Closing Sales at the Closing Stores are
conducted in accordance with the Order and the Sale Guidelines, and
are therefore conducted under the supervision of the Court, such
Closing Sales are authorized notwithstanding (a) state and local
wage requirements for the Closing Sales; and (b) any federal, state
or local statute, ordinance, rule or licensing requirement directed
at regulating "going out of business," "store closing," similar
inventory liquidation sales, or bulk sale laws.  Given such
exemptions, the Debtor will be presumed to be in compliance with
any Liquidation Laws and are authorized to conduct the Closing
Sales in accordance with the terms of the Order and the Sale
Guidelines without the necessity of showing compliance with any
Liquidation Laws.

To the extent that any governmental unit disputes the Debtor's
compliance with any Liquidation Law, such governmental unit may
assert a dispute by serving a Dispute Notice of such Liquidation
Dispute on the counsel for the Debtor so as to ensure delivery
thereof within 14 days following entry of the Order.  If the Debtor
and such governmental unit are unable to resolve the Liquidation
Dispute within 14 days of service of the Dispute Notice, such
governmental unit may file a motion with the Court requesting
consideration and resolution of the Liquidation Dispute on an
expedited basis.

In furtherance of the foregoing, within two business days of the
entry of the Order, the Debtor will serve copies of it and the Sale
Guidelines to all interested parties.

The Debtor is hereby authorized to take such actions as may be
necessary and appropriate to advertise the sale as a "store
closing," "sale on everything," "everything must go," "liquidation
sale," "clearance outlet," or similar themed sale through the
posting of signs in accordance with the Sale Guidelines,
notwithstanding any applicable non-bankruptcy laws that restrict
such sales and activities, and notwithstanding any provision in any
lease, sublease, license or other agreement related to occupancy,
"going dark," or abandonment of assets, or other provisions that
purport to prohibit, restrict, or otherwise interfere with the
Closing Sales.

To the extent that disputes arise during the course of the Closing
Sales regarding laws regulating the use of sign-walkers, banners,
or other forms of advertising, and the Debtor is unable to resolve
the matter consensually with a governmental unit, any party may
request an expedited hearing before the Court pursuant to these
provisions.

All sales of all Personal Property will be "as is" and final, and
free and clear of any and all liens, claims, and encumbrances.

In accordance with interim and final orders regarding the Nike
Motion, absent Nike USA, Inc.'s express written consent, until
repayment in full to Nike USA on account of the Postpetition
Credit, the Debtor will not use any cash collateral to make any
payments other than on account of the Essential Expenses, in
accordance with the terms and conditions of the Nike Motion Interim
Order and any final order regarding the Nike Motion.  Further, the
first moneys generated by the Debtor pursuant to this Order will be
paid to Nike on account of the Postpetition Credit until it is paid
in full, subject only to a limited carve-out for Essential
Expenses.

The Debtor will remain responsible for the payment of any and all
sales taxes.  The Debtor is directed to remit all taxes accruing
from the Closing Sales to the applicable governmental units as and
when due.  

The Debtor and the respective landlord of each Closing Store are
authorized to enter into a side letter agreement to govern the
conduct of the Closing Sales at the applicable Closing Store and
such side letter agreements will control over the Sale Guidelines
and the Order.

With respect to any lease relating to a Closing Store, the Debtor
is authorized (but not required) to reject any Lease on these
Rejection Procedures:

     a. The Debtor must serve on both the counsel for the Official
Committee of Unsecured Creditors, the landlord for such Lease (or
its counsel), and the lessor of personal property that is leased
from a third party that is at the premises, if any, and file with
the Court, written notice of the Debtor's rejection of the Lease;

     b. The Debtor's service of the Rejection Notice pursuant to
the immediately preceding paragraph must be by e-mail, facsimile,
Federal Express, or overnight mail;

     c. The Debtor may serve any Rejection Notice immediately upon
entry of the Order;

     d. Should a party in interest object to the proposed rejection
by the Debtor of any Lease that is the subject of a Rejection
Notice, such party in interest must file and serve a written
objection so that such objection is filed with the Court and is
actually received no later than the date that is five business days
after the date the Debtor served the Rejection Notice by each of
the Debtor's counsel, counsel to the Committee, counsel to the
Debtor's postpetition lender(s), and the Office of the United
States Trustee;

     e. The Debtor may withdraw a Rejection Notice prior to the
10th day following its service of the Rejection Notice;

     f. To the extent the Debtor complies with the foregoing
Rejection Procedures for any Lease and no timely objection is filed
and served in accordance with these procedures, rejection of the
applicable Lease will be effective as of the later of (i) the 10th
day following the Debtor's service of the Rejection Notice, or (2)
the date the Debtor surrenders possession of the subject premises
to the applicable  landlord in broom clean condition with delivery
of the keys or "key codes" (as applicable) for the premises to such
landlord; and

     g. if an objection to a Rejection Notice is timely filed and
served in accordance with these Rejection Procedures, the Debtor
will schedule a hearing for the consideration of such objection.
If such objection is overruled or withdrawn, the rejection of such
Lease will be deemed to have occurred as of the later of (i) the
tenth day following the Debtor's service of the Rejection Notice,
or (ii) the Surrender Date.

On the effective date of each Lease rejection pursuant to the
Order, any and all personal property remaining in the leased
premises will be deemed abandoned under section 554 and/or section
363 of the Bankruptcy Code.  The applicable landlord is authorized
to dispose of the Abandoned Property in its sole and absolute
discretion without further order of the Court and without notice or
liability to the Debtor or any third-party claiming an interest in
such Abandoned Property.

To the extent that the Debtor proposes to sell or abandon Closing
Store assets that may contain any personal or confidential
information about the Debtor's employees or customers, the Debtor
will remove all such confidential information from such assets
before they are sold or abandoned.

In the event that the Debtor fails to timely pay any accruing
post-petition rent or occupancy charges to any of the Objecting
Landlords with respect to the Closing Stores, the respective
Closing Store landlord may bring an expedited motion to compel
payment and seek related appropriate relief.

Notwithstanding Bankruptcy Rule 6004(h), the order will be
effective and enforceable immediately upon its entry.

                        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 total
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.


SKYLINE RIDGE: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Skyline Ridge, LLC
        3400 E Finger Rock Circle
        Tucson, AZ 85718

Business Description: Skyline Ridge L.L.C. is an Arizona limited
                      liability company categorized under
                      residential contractor.

Chapter 11 Petition Date: March 1, 2018

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

Case No.: 18-01908

Judge: Hon. Brenda Moody Whinery

Debtor's Counsel: Michael W Baldwin, Esq.
                  MICHAEL BALDWIN, PLC
                  12080 E 8th Street
                  Tucson, AZ 85748-8903
                  Tel: 520-870-0709
                  E-mail: michael.baldwin@azbar.org

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Ahmad Zarifi, managing member and sole
owner.

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

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

          http://bankrupt.com/misc/azb18-01908.pdf


SOLARWORLD AMERICAS: Obtains Additional $5M Loan for Operations
---------------------------------------------------------------
SolarWorld Americas Inc., the largest U.S. maker of
crystalline-silicon solar cells and panels for 42 years, on Feb.
28, 2018, disclosed that its creditors have agreed to lend an
additional $5 million for operations as the company builds back
toward full capacity utilization and profitability.

"With this latest cash infusion, our creditors are demonstrating
their confidence in our company and its outlook for growth," said
Juergen Stein, CEO and President of SolarWorld Americas.  "We are
continuing to serve our customers, as we have done for decades.
They should read this update as yet another signal of our stable
financial footing."

The lenders previously extended a loan of $6 million, and they
permitted $6 million in proceeds from the sale of a warehouse
building to be used for operations.  The latest sum will help the
company to ramp to full capacity, adding about 200 employees and
concluding in the third quarter of 2018.  The company now employs
more than 300.

The company's outlook is further buoyed by the recent favorable
outcome of the Section 201 trade case brought by the company and
Suniva Inc.  President Trump imposed tariffs, starting the first
year at 30 percent, on imports of solar modules and, except for the
first 2.5 gigawatts each year, of solar cells from most countries.

The market has responded well to the tariffs, Stein said, and
customers continue to show strong interest in the company's
high-quality, U.S.-made products.

                        About SolarWorld

SolarWorld Americas Inc., the largest U.S. crystalline-silicon
solar manufacturer for more than 42 years, produces and sells
high-tech solar power solutions and, in doing so, contributes to a
cleaner energy supply throughout the Americas.  The company
maintains 430 megawatts of annual capacity to produce solar cells
and 550 MW of capacity to manufacture solar modules.  The company's
brand stands for a proven track record of quality and reliability,
and SolarWorld is the only producer whose industrial lineage has
outlived its products' 25- and 30-year performance guarantees.
SolarWorld upholds high social standards and commits itself to
resource- and energy-efficient production.  With its program
Solar2World, the company supports the expansion of solar power in
developing countries in Latin America.


SOUTHCROSS ENERGY: Incurs $67.6 Million Net Loss in 2017
--------------------------------------------------------
Southcross Energy Partners, L.P., filed with the Securities and
Exchange Commission its annual report on Form 10-K reporting a net
loss attributable to partners of $67.65 million on $665.9 million
of total revenues for the year ended Dec. 31, 2017, compared to a
net loss attributable to partners of $94.99 million on $548.72
million of total revenues for the year ended Dec. 31, 2016.

Southcross' net loss was $17.3 million for the quarter ended Dec.
31, 2017, compared to a loss of $39.5 million for the same period
in the prior year and a loss of $19.1 million for the quarter ended
Sept. 30, 2017.  Adjusted EBITDA was $17.3 million for the quarter
ended Dec. 31, 2017, compared to $18.4 million for the same period
in the prior year and $16.8 million for the quarter ended Sept. 30,
2017.  Adjusted EBITDA for the fourth quarter was higher than the
prior quarter due to higher South Texas gathering volumes and
improved NGL margins as the third quarter was unfavorably impacted
by Hurricane Harvey.

As of Dec. 31, 2017, Southcross Energy had $1.10 billion in total
assets, $604.6 million in total liabilities and $499.6 million in
total partners' capital.

For the quarter ended Dec. 31, 2017, growth and maintenance capital
expenditures were $4.9 million and were related primarily to work
to enhance system efficiency and capability.  For the year ended
Dec. 31, 2017, growth and maintenance capital expenditures were
$12.9 million net of producer reimbursements and were related
primarily to the installation of a new gas gathering pipeline in
Mississippi, the installation of a new upgraded amine system at the
Woodsboro processing facility and various projects to connect new
production to the Partnership's South Texas assets.  This compares
to $26.1 million net of producer reimbursements for the year ended
Dec. 31, 2016.

As of Dec. 31, 2017, Southcross had total outstanding debt of $527
million including $95 million drawn under its revolving credit
facility as compared to total outstanding debt of $560 million for
the same period in the prior year and $532 million for the quarter
ended Sept. 30, 2017.

In accordance with the amendment to Southcross' revolving credit
agreement executed Dec. 29, 2016, Southcross issued $15 million of
senior unsecured notes to certain funds managed by EIG Global
Energy Partners and Tailwater Capital in January 2018.  At Feb. 23,
2018, Southcross had $31.5 million in available liquidity.

Distributable cash flow for the quarter ended Dec. 31, 2017 was
$5.9 million, compared to $11.5 million for the same period in the
prior year and $6.4 million for the quarter ended Sept. 30, 2017.
The Partnership did not make a cash distribution for the quarter
ended Dec. 31, 2017 and is not allowed to make any cash
distributions until the Partnership's consolidated total leverage
ratio, as defined under its credit agreement, is at or below 5.0x
to 1.  At Dec. 31, 2017, the consolidated total leverage ratio was
approximately 8.1x to 1 compared to approximately 7.8x to 1 for the
quarter ended Sept. 30, 2017.  In addition, under the terms of the
Merger Agreement, the Partnership is not permitted, without the
prior written consent of AMID, to declare or pay any distribution
or dividends on its common units during the pendency of the
merger.

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

                      https://is.gd/QWoUa0

               About Southcross Energy Partners

Southcross Energy Partners, L.P. --
http://www.southcrossenergy.com/-- is a master limited partnership
that provides natural gas gathering, processing, treating,
compression and transportation services and NGL fractionation and
transportation services.  It also sources, purchases, transports
and sells natural gas and NGL.  Its assets are located in South
Texas, Mississippi and Alabama and include two gas processing
plants, one fractionation plant and approximately 3,100 miles of
pipeline.  The South Texas assets are located in or near the Eagle
Ford shale region.  Southcross is headquartered in Dallas, Texas.

                          *     *     *

In February 2017, S&P Global Ratings said that it affirmed its
'CCC+' corporate credit and senior secured issue-level ratings on
Southcross Energy Partners L.P.  The outlook is stable.  The rating
action reflects S&P's view that the recent credit agreement
amendment limits the likelihood of a default in the next two years
as the partnership will have an improved liquidity position and
need no longer adhere to its leverage covenants.

In January 2016, that Moody's Investors Service downgraded
Southcross Energy's Corporate Family Rating to 'Caa1' from 'B2'.
Southcross' Caa1 CFR reflects its high financial leverage, limited
scale, concentration in the Eagle Ford Shale and Moody's
expectation of continued high leverage and challenging industry
conditions into 2017.


SPANISH BROADCASTING: Bluestone Holds 14.5% Stake as of March 1
---------------------------------------------------------------
In a Schedule 13D/A filed with the Securities and Exchange
Commission, Bluestone Financial Ltd. reported that as of March 1,
2018, it beneficially owns 604,776 shares of Class A common stock
of Spanish Broadcasting Systems, Inc., constituting 14.51 percent
of the shares outstanding.

Bluestone, engaged in financial investing, is a Limited Company
incorporated under the laws of Bristish virgin Islands.  David
Tomasello is the managing director of Bluestone.

Bluestone said it intends to review its investments in the Issuer
on a continuing basis and may engage in discussions with the
Management and the Board of Directors concerning the business,
operations and future plans of the Issuer as it deems appropriate,
including potential Mergers and Acquisitions.

"The Reporting Person believes Spanish Broadcasting Systems shares
are undervalued and should maximize shareholders value by
partnering, selling part or all of the Company to a bigger, global
and well managed content and distribution media company like Sony
Corporation who owns the content and conduit necessary to take Mega
TV, La Musica streaming app and other SBS divisions to the next
level.

"By selling some underperforming and capital intensive assets like
Mega TV, SBS will be able to deleverage the balance sheet, grow
faster by entering into fast-growing business that are language
agnostic yet appeal to a broader Hispanic population.  In
particular, a partnership or merger with bilingual ecommerce
marketplace MercadoMagico.com, of which the Reporting Person owns a
controlling stake through its investment in NeoMagic Corporation.
Such partnership or merger would allow Spanish Broadcasting Systems
to build a powerful Hispanic online ecosystem (ecommerce and
entertainment) in the Americas and Southern Europe."

As indicated in the Form 10-Q filed by the Company with the SEC, as
of Nov. 6, 2017 there were 4,166,991 shares of Class A common stock
outstanding.

Bluestone has granted Mr. Tomasello the sole power to vote or
direct the vote of 604,776 shares of the Company's Class A Common
Stock.

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

                      https://is.gd/E7eSY0

                   About Spanish Broadcasting

Based in Miami, Florida, Spanish Broadcasting System, Inc.
(OTCMKTS:SBSAA) -- http://www.spanishbroadcasting.com/-- is a
Spanish-language media and entertainment company with radio and/or
television stations in the top U.S. Hispanic markets, including
Puerto Rico.  The Company's owned and operated radio stations serve
markets representing approximately 35% of the U.S. Hispanic
population, and its television operations serve markets
representing over 3.5 million Hispanic households.  The Company
produces and distributes Spanish-language content, including radio
programs, television shows, music and live entertainment through
its radio stations and its television group, MegaTV, which produces
over 70 hours of original programming per week.  MegaTV broadcasts
via its owned and operated stations in South Florida, Houston, and
Puerto Rico and through programming and/or distribution agreements
with other stations, as well as various cable and satellite
providers.

Crowe Horwath LLP, in Fort Lauderdale, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, stating that the 12.5% Senior Secured
Notes had a maturity date of April 15, 2017.  Cash from operations
or the sale of assets was not sufficient to repay the notes and
other short term obligations when they became due, which resulted
in significant liquidity requirements on the Company that raise
substantial doubt about its ability to continue as a going
concern.

As of Sept. 30, 2017, Spanish Broadcasting had $434.5 million in
total assets, $563.7 million in total liabilities and a total
stockholders' deficit of $129.2 million.  Spanish Broadcasting
reported a net loss of $16.34 million for the year ended Dec. 31,
2016, compared with a net loss of $26.95 million in 2015.

                          *     *     *

In May 2017, S&P Global Ratings withdrew its 'D' corporate credit
rating and issue-level ratings on Spanish Broadcasting System.  "We
withdrew the ratings because we were unlikely to raise them from
'D', based on SBS' ongoing plans to restructure its debt," said S&P
Global Ratings' credit analyst Scott Zari.  S&P had downgraded SBS
to 'D' on April 21, 2017, following the company's announcement that
it didn't repay its $275 million 12.5% senior secured notes that
were due April 15, 2017, as reported by the TCR on May 25, 2017.

In April 2017, Moody's Investors Service downgraded SBS's corporate
family rating to 'Ca' from 'Caa2'.  SBS's 'Ca' corporate family
rating reflects an elevated expected loss rate following the
recently announced default under the company's 12.5% senior secured
notes due April 2017.


TAKATA CORP: Files Sale Plan With Tokyo Court
---------------------------------------------
Takata Corporation, Takata Kyushu Corporation and Takata Service
Corporation on Feb. 28, 2018, each filed a proposed rehabilitation
plan with the Tokyo District Court.

According to Takata's Feb. 28 statement, going forward, on the
Tokyo District Court issuing orders to refer the proposed
rehabilitation plans to resolutions of creditors' meetings, the
proposed rehabilitation plans and voting rights forms, along  with
other relevant documents, will be sent to civil rehabilitation
creditors who have voting rights.  Matters such as the method of
exercise of voting rights by civil  rehabilitation creditors will
be determined by the orders issued by the Tokyo District Court.

As advised in the Company's Nov. 21, 2017, press release, "TAKATA
CORPORATION AND KSS SIGN DEFINITIVE ASSET PURCHASE AGREEMENT," we
have formulated the  proposed rehabilitation plans in order to
maximize repayments to civil rehabilitation creditors on the
premise of transferring substantially all of Takata Group's assets
and businesses to Key Safety Systems (the "Transactions").

Takata said the Transactions are expected to be consummated by
mid-April this year.

                      About Takata Corp

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.

                        *     *     *

In February 2018, the U.S. Bankruptcy Court for the District of
Delaware has confirmed the Fifth Amended Chapter 11 Plan of
Reorganization filed by TK Holdings, Inc. ("TKH"), Takata's main
U.S. subsidiary, and certain of TKH's subsidiaries and affiliates.


TO YOUR HEALTH: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: To Your Health Sprouted Bread & Flour Co., Inc.
           dba To Your Heatlh Sprouted Flour, Co.
        1138 Highway 82
        Fitzpatrick, AL 36029

Business Description: To Your Health Sprouted Bread and Flour Co.,
                      Inc., dba To Your Health Sprouted Flour Co.
                      is a woman-owned food processor business
                      that offers freshly milled flours from
                      organic sprouted grains.  The sprouting,
                      drying, and milling processes are all done
                      in-house at its 14,400 square-foot facility.
                      The Company makes organic sprouted grain
                      flours for baking healthy, delicious,
                      nutrient-rich foods.  The Company is
                      exporting its products to several countries
                      including Canada, Mexico, Australia, and the

                      United Kingdom.  

                      https://www.healthyflour.com/

Chapter 11 Petition Date: March 1, 2018

Case No.: 18-30584

Court: United States Bankruptcy Court
       Middle District of Alabama (Montgomery)

Judge: Hon. William R. Sawyer

Debtor's Counsel: Michael A. Fritz, Sr., Esq.
                  FRITZ LAW FIRM
                  25 South Court Street, Suite 200
                  Montgomery, AL 36104
                  Tel: 334-230-9790
                  Fax: 334-230-9789
                  E-mail: bankruptcy@fritzlawalabama.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Margaret "Peggy" Sutton, owner.

A full-text copy of the petition, along with a list of 20 largest
unsecured creditors, is available for free at
http://bankrupt.com/misc/almb18-30584.pdf


TOYS R US: UK Unit Goes Into Administration
-------------------------------------------
Toys "R" Us, Inc.'s UK arm, Toys "R" Us Limited, has gone into
administration in the United Kingdom.

Arron Kendall and Simon Thomas of Moorfields Advisory Limited, 88
Wood Street, London, EC2V 7QF were appointed Joint Administrators
on Feb. 28, 2018.  The Administrators now manage the affairs,
business and property of the Company.  The Administrators act as
agents only and without personal liability.

The Company has 105 stores with about 3,000 employees.

The Administrators said they will make every effort to secure a
buyer for all or part of the business.

The Administrators said all stores in the UK will remain open until
further notice.

According to BBC, Mr. Thomas said, "Whilst this process is likely
to affect many Toys R Us staff, whether some or all of the stores
will close remains to be decided."

"No stores have been closed by the Administrators and all sites are
currently open for trading.  The Administrators will manage the
store trading strategy whilst also evaluating the options regarding
the company's future and determining how to obtain the best
possible outcome for all creditors.  It remains to be decided if
some or all the stores will be closed, however, while the
Administrators evaluate their options, they will begin to implement
an orderly wind-down of the company's store portfolio," the Company
said in its Web site.

Toys "R" Us said that its continues to accept and redeem Gift Cards
for purchases made.

Toys "R" Us has been facing a GBP15 million tax bill and the
Company has been hit by poor sales.  The Company also has a funding
shortfall of at least GBP25 million in its pension scheme.

                        About Toys "R" Us

Toys "R" Us, Inc., is an American toy and juvenile-products
retailer founded in 1948 and headquartered in Wayne, New Jersey, in
the New York City metropolitan area.  Merchandise is sold in 880
Toys "R" Us and Babies "R" Us stores in the United States, Puerto
Rico and Guam, and in more than 780 international stores and more
than 245 licensed stores in 37 countries and jurisdictions.
Merchandise is also sold at e-commerce sites including Toysrus.com
and Babiesrus.com.

On July 21, 2005, a consortium of Bain Capital Partners LLC,
Kohlberg Kravis Roberts and Vornado Realty Trust invested $1.3
billion to complete a $6.6 billion leveraged buyout of the
company.

Toys "R" Us is a privately owned entity but still files with the
Securities and Exchange Commission as required by its debt
agreements.

The Company's consolidated balance sheet showed $6.572 billion in
assets, $7.891 billion in liabilities, and a stockholders' deficit
of $1.319 billion as of April 29, 2017.

Toys "R" Us, Inc., and certain of its U.S. subsidiaries and its
Canadian subsidiary voluntarily filed for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No. Case No.
17-34665) on Sept. 19, 2017.  In addition, the Company's Canadian
subsidiary voluntarily commenced parallel proceedings under the
Companies' Creditors Arrangement Act ("CCAA") in Canada in the
Ontario Superior Court of Justice.  The Company's operations
outside of the U.S. and Canada, including its 255 licensed stores
and joint venture partnership in Asia, which are separate entities,
are not part of the Chapter 11 filing and CCAA proceedings.

Grant Thornton is the monitor appointed in the CCAA case.

Judge Keith L. Phillips presides over the Chapter 11 cases.

In the Chapter 11 cases, Kirkland & Ellis LLP and Kirkland & Ellis
International LLP serve as the Debtors' legal counsel.  Kutak Rock
LLP serves as co-counsel.  Toys "R" Us employed Alvarez & Marsal
North America, LLC as its restructuring advisor; and Lazard Freres
& Co. LLC as its investment banker.  It hired Prime Clerk LLC as
claims and noticing agent.  A&G Realty Partners, LLC, serves as its
real estate advisor.

On Sept. 26, 2017, the U.S. Trustee for Region 4 appointed an
official committee of unsecured creditors.  The Committee retained
Kramer Levin Naftalis & Frankel LLP as its legal counsel; Wolcott
Rivers, P.C. as local counsel; FTI Consulting, Inc. as financial
advisor; and Moelis & Company LLC as investment banker.


TRIDENT BRANDS: Delays Fiscal 2017 Form 10-K
--------------------------------------------
Trident Brands Incorporated notified the Securities and Exchange
Commission via a Form 12b-25 regarding the delay in the filing of
its annual report on Form 10-K for the year ended Nov. 30, 2017.
Trident said that the Company is unable to file, without
unreasonable effort and expense, its Form 10-K Annual Report
because its auditor has not completed their audit of the Form 10-K.
It is anticipated that the Form 10-K, will be filed on or before
the 15th calendar day following the prescribed due date of the
Registrant's Form 10-K.

                      About Trident Brands

Based in Brookfield, Wisconsin, Trident Brands Incorporated, f/k/a
Sandfield Ventures Corp., owns a portfolio of nutritional products
and supplements under the Everlast(R) and Brain Armor(R) brands,
and functional food ingredients under the Oceans Omega brand.
These brands are focused on the fast growing supplements and
nutritional product and heart and brain health categories,
supported by an established contract manufacturing, supply chain
and research and development infrastructure, and a solid and
proactive management team, board of directors and advisors with
many years of experience in related categories.

Trident reported a net loss of $3.18 million on $168,042 of
revenues for the 12 months ended Nov. 30, 2016, compared to a net
loss of $3.16 million on $16,569 of revenues for the 12 months
ended Nov. 30, 2015.

As of Aug. 31, 2017, Trident had $7.75 million in total assets,
$11.05 million in total liabilities, and a total stockholders'
deficit of $3.29 million.


UNSET PARTNERS: March 8 Status Conference Hearing on Sale Terms
---------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts will hold a status conference on March 8, 2018 at
10:00 a.m. to address the deficiencies in the proposed sale order
submitted with respect to the sealed bid auction conducted by the
Court on Feb. 15, 2018 as it lacks essential terms and conditions
relative to the sale by Lynne Riley, the duly appointed Chapter 11
trustee of Sunset Partners, Inc., and Chapter 7 trustee of Bema
Restaurant Corp., of the Debtor's right, title and interest in
assets of the estate to Brown Ribbon Entertainment, LLC for $1.5
million.

The Trustee proposes to sell the Assets free and clear of liens,
claims, and interests.

The Assets consist of (i) all Kinds Common Victualler Alcohol
License (LN-2017-0337) and Common Victualler License (LN-2017-0238)
issued by the Town of Brookline, Massachusetts ; (2) all of the
Debtors' right, title and interest in the furniture, fixtures,
equipment, inventory, and goodwill; (3) the non-exclusive right to
use the trademarks, intellectual property and trade names of the
Sunset Cantina restaurant; and (4) all of the Debtors' right to
occupy the premises at 916 Commonwealth Avenue, Brookline, MA,
pursuant to new leases to be negotiated with the premises
landlord.

                     About Sunset Partners

Sunset Partners, Inc., is a Massachusetts corporation that owns and
operates two Boston area restaurants: the Sunset Grill & Tap
located at 130 Brighton Avenue, Allston, MA; and, the Sunset
Cantina located at 916 Commonwealth Avenue, Brookline, MA.
Affiliate Bema Restaurant Corporation, d/b/a Patron's, is a
Massachusetts corporation that owns and operates a Boston area
restaurant called Patrons, which is located at 138 Brighton Avenue,
Allston, Massachusetts.

Sunset Partners filed for Chapter 11 bankruptcy protection (Bankr.
D. Mass. Case No. 17-12178) on June 7, 2017, disclosing $1.05
million in total assets and $5.67 million in total liabilities.  

Bema Restaurant Corporation filed a Chapter 11 petition (Bankr. D.
Mass. Case No. 17-12434) on June 29, 2017, disclosing $1.12 million
in assets and $4.45 million in liabilities.

The cases are jointly administered and assigned to Judge Joan N.
Feeney.

David B. Madoff, Esq., and Steffani Pelton Nicholson, Esq., at
Madoff & Khoury LLP, served as bankruptcy counsel to the Debtors.
Verdolino & Lowey, P.C., served as the Debtors' accountant.

On Sept. 25, 2017, Lynee F. Riley was appointed as the Chapter 11
trustee to the Debtors.  The Trustee retained Casner & Edwards LLP
as counsel.


VALLEY VIEW: Ex-Judge Peck, Now at MoFo, Comments on Clawback Case
------------------------------------------------------------------
On Feb. 27, 2018, the U.S. Supreme Court handed down its decision
in an important bankruptcy case, Merit Management Group, LP v. FTI
Consulting, Inc.  The case addressed whether the safe harbor of the
Bankruptcy Code prohibits avoidance of a transfer made by or to a
financial institution, without regard to whether the institution
has a beneficial interest in the property transferred.

Available for comment is Hon. James M. Peck, global co-chair of
Morrison & Foerster's Business Restructuring + Insolvency Group.
Judge Peck is a former U.S. bankruptcy judge who presided over the
historic Lehman Brothers chapter 11 case, and is based in the
firm's New York office.

Judge Peck provides the following takeaways on the High Court's
ruling in Merit:
This is an important clarifying decision that advances the aims of
equitable distribution in bankruptcy cases and eliminates a much
criticized defense to avoidance actions, especially in the setting
of failed LBOs.

The mere fact that funds flowed through financial institutions
should not immunize the right to recover from the party that
received the ultimate financial benefit of the transaction.

Despite the fact that the decision is unanimous, the result is not
obvious and not expected from reading the literal words on the page
that speak to transfers made by, to or for the benefit of financial
institutions.

The Supreme Court has collapsed multiple transactions involving
financial intermediaries into a single transaction that disregards
the intermediate steps -- this is a judicial override of statutory
language in the interest of setting sound bankruptcy policy.
Notably this policy clarification is occurring in the Supreme Court
and not in Congress.

Judge Peck served as a U.S. Bankruptcy Judge for the Southern
District of New York from 2006 to 2014 and presided over the
chapter 11 and SIPA cases of Lehman Brothers and its affiliates,
constituting the largest bankruptcy filing in U.S. history.  Other
notable matters over which Judge Peck presided include the chapter
11 cases of Iridium, Quebecor, Charter Communications, Extended
Stay Hotels, and ION Media and the chapter 15 case of Japan
Airlines.  Judge Peck also brokered settlements in a number of
high-profile cases including American Airlines, Syms/Filenes, MF
Global, General Motors, Residential Capital, and Excel Maritime.

                Merit Management v. FTI Consulting

According to www.scotusblog.com, the case was affirmed and remanded
by the U.S. Supreme Court, 9-0, in an opinion by Justice Sotomayor
on Feb. 27, 2018.

The Bankruptcy Code allows trustees to set aside and recover
certain transfers for the benefit of the bankruptcy estate,
including certain fraudulent transfers "of an interest of the
debtor in property"; the Bankruptcy Code also sets out a number of
limits on the exercise of these avoiding powers, including the
Section 546(e) safe harbor - which, inter alia, provides that a
"trustee may not avoid a transfer that is a ... settlement payment
... made by or to (or for the benefit of) a ... financial
institution .. or that is a transfer made by or to (or for the
benefit of) a ... financial institution ... in connection with a
securities contract."  In the Chapter 11 bankruptcy filed by Valley
View Downs and its parent company, the only relevant transfer for
purposes of the Section 546(e) safe harbor is the transfer that the
trustee, FTI Consulting Inc., seeks to avoid, i.e., the transfer
from Valley View to Merit Management Group for the sale of Bedford
Downs Management's stock.

               About Centaur and Valley View Downs

Indianapolis, Indiana-based, Centaur, LLC, aka Centaur Indiana, LLC
-- http://www.centaurgaming.net/-- was involved in the development
and operation of entertainment venues focused on horse racing and
gaming.  The Company and its affiliates filed for Chapter 11
bankruptcy protection on March 6, 2010 (Bankr. D. Del. Case No.
10-10799).  Jeffrey M. Schlerf, Esq., at Fox Rothschild LLP,
assisted the Company in its restructuring effort.  The Company
disclosed assets of $584 million and debt of $681 million as of the
Petition Date.

Affiliates Centaur PA Land LP and Valley View Downs LP sought
protection on October 28, 2009 (Bankr. D. Del., Case No. 09-13761),
also represented by Fox Rothschild.  Centaur PA Land LP and Valley
View Downs filed for bankruptcy to keep alive a project to develop
a racetrack in Pennsylvania.  The filings were made following the
failure to make payments due that month on a $382.5 million
first-lien debt and a $192 million second-lien credit.

All the companies are subsidiaries of closely held Centaur Inc.

Centaur LLC was authorized in August 2010 to sell the Fortune
Valley Hotel & Casino 40 miles west of Denver to Luna Gaming
Central City LLC for $7.5 million cash, plus a $2.5 million note.

The Debtor obtained approval of its reorganization plan at a Feb.
18, 2011 confirmation hearing.  The Plan would slash the casino
operator's debt by two-thirds to $260 million.  The Plan, as
revised, is based on a settlement reached by the Debtors with the
Official Committee of Unsecured Creditors, the settlement was
entered among the Debtors, the Official Committee of Unsecured
Creditors, and Credit Suisse AG, Cayman Islands Branch, as
administrative agent and collateral agent for lenders that
provided first lien revolving credit and term loans prepetition.

Under the Plan, second-lien lenders are to split $3.4 million in
notes that pay in kind.  Unsecured creditors of Valley View Downs
now will receive the lesser of 50% paid in cash or a share of $1.5
million cash.  Other general unsecured creditors also will have the
lesser of half payment or sharing $650,000 in cash.

FTI Consulting, Inc., serves as Trustee to the Centaur LLC
Litigation Trust.


VALLEY VIEW: Kleinberg Attorneys Comment on Clawback Case
---------------------------------------------------------
The Supreme Court on Feb. 27, 2018, unanimously affirmed an
appellate court ruling interpreting the Bankruptcy Code Safe Harbor
provision for clawbacks, a decision that was closely anticipated by
participants in financial transactions involving a settlement
payment or a transfer made in connection with a securities
contract.

The decision, in Merit Management Group LP v. FTI Consulting, Inc.,
was the first Supreme Court test of the increasingly important Safe
Harbor.

Available for comment on the ruling are attorneys from Kleinberg
Kaplan, who have followed the Merit case, including earlier
iterations of it in circuit courts.

As the Kleinberg Kaplan attorneys explain in the alert written
before the oral arguments below, Safe Harbor has become
increasingly important to clawback action defendants, providing
defenses where none might otherwise exist and facilitating the
dismissal of cases before trial.  It generally precludes trustees
(and others representing the bankruptcy estate) from bringing
actions alleging preferences or constructive fraudulent transfers
based on federal bankruptcy law.

In Merit, the district court granted defendants' motion to dismiss,
holding the Safe Harbor applicable because the escrow agent, a
bank, was a financial institution, and that the payment that the
trustee sought to avoid had been made by the escrow agent to the
defendants.  The Court of Appeals for the Seventh Circuit, however,
reversed that ruling, reasoning that the escrow agent was a mere
conduit, and that the relevant entities for the purpose of Safe
Harbor are the original payor and the ultimate payee, neither of
which was a Financial Institution.  Several circuit court decisions
held differing opinions on what satisfies the Safe Harbor
decision.

A case currently before the United States Supreme Court could
significantly restrict the scope of an important defense to
clawback actions, limiting its usefulness for entities that are not
major financial institutions or large funds.  Based on recent oral
argument, the Bankruptcy Code safe harbor for clawbacks may be
given a narrow interpretation, leaving it available for most
practical purposes only to banks, large funds, and other large
financial institutions.  The case, Merit Management Group LP v. FTI
Consulting, Inc., constitutes the first Supreme Court test of the
increasingly important Safe Harbor.  While the direction of oral
argument is not a definitive guide to the Court's ultimate ruling,
the oral argument on the case suggests that the Court will not
adopt the current majority rule that Safe Harbor protections can be
triggered even when the only involvement of a financial institution
in the transaction is that it forwards funds to the ultimate
beneficiary.

The Safe Harbor

The Safe Harbor has become increasingly important to clawback
action defendants, providing defenses where none might otherwise
exist and facilitating the dismissal of cases before trial. It
generally precludes trustees (and others representing the
bankruptcy estate) from bringing actions alleging preferences or
constructive fraudulent transfers based on federal bankruptcy law.
From a plaintiff's perspective, constructive fraudulent transfer
actions, which generally require the plaintiff to prove only that
the transfer was made for less than reasonably equivalent value
while the transferor was insolvent, are easier to establish than
are actual intent actions.  The Safe Harbor also generally
precludes trustees (and others representing the bankruptcy estate)
from bringing fraudulent conveyance actions based on state law,
which often provides a reach-back period that is significantly
longer than the two year reach-back period established under the
Bankruptcy Code.

For the Safe Harbor to be applicable, the transaction must be of a
type specified in the statute, and be "by or to or for the benefit
of" one of several designated entities, such as brokers and
Financial Institutions (a defined term in the Bankruptcy Code).

The Merit issue

Merit involves efforts by the bankruptcy trustee to avoid as a
fraudulent conveyance payments made to the debtor's shareholders
from the proceeds of a sale of real estate.  The proceeds had been
escrowed following the sale and were paid to the shareholders by
the escrow agent (a bank) following an indemnity holdback period.
The defendants asserted the Safe Harbor as a defense.  There was no
dispute that the transfers were either "settlement payments" or
"payments made in connection with securities contracts," two of the
relevant types of transactions, so the only Safe Harbor issue
presented concerned the role of the Financial Institution in the
transaction.

The district court granted defendants' motion to dismiss, holding
the Safe Harbor applicable because the escrow agent, a bank, was a
Financial Institution, and that the payment that the trustee sought
to avoid had been made by the escrow agent to the defendants.  The
Court of Appeals for the Seventh Circuit reversed, reasoning that
the escrow agent was a mere conduit, and that the relevant entities
for the purpose of Safe Harbor are the original payor and the
ultimate payee, neither of which was a Financial Institution.

Several circuits, including the Second Circuit, have held that the
predicates of the Safe Harbor are satisfied if one of the entities
in a multi-step transaction is one of the statutorily designated
entities, even if that entity is a conduit with no economic stake
in the transaction.  The Supreme Court took Merit, likely in light
of the circuit split.  Oral argument was held in November.

Potential effect on other cases

A decision that affirms the Seventh Circuit ruling could have
significant effects on other cases.  At a minimum it would
significantly cut back the number of clawback defendants that could
make use of the Safe Harbor.  For example, in In re Tribune Company
Fraudulent Conveyance Litigation, the Second Circuit ruled that the
Safe Harbor applies to shield tens of thousands of defendants from
fraudulent conveyance liability, based in part on the existing
Second Circuit precedent regarding the conduit issue.

The Supreme Court has held in abeyance the certiorari petition
filed by the Tribune plaintiffs, presumably awaiting the
disposition of Merit.  Under the Seventh Circuit rule, the Tribune
case might be remanded for separate determinations for each
defendant regarding whether it is an eligible entity under the Safe
Harbor.  Defendants that are banks or large funds could still come
within the Safe Harbor protections, but other defendants might have
to defend the case on the merits.

Conversely, a reversal of the Seventh Circuit ruling could keep the
Safe Harbor available to a broad range of participants in
securities-related transactions.  And another possible result,
which was suggested during oral argument, would be a ruling that
turns on certain case-specific facts and that leaves unresolved the
circuit split.

More broadly, the past decade has seen a series of appellate court
decisions endorsing an increasingly broad interpretation of the
Safe Harbor.  Depending on the scope and breadth of the Supreme
Court's decision, many of those decisions may have to be
revisited.

Kleinberg Kaplan represents certain defendants in the Tribune
adversary proceedings.

                Merit Management v. FTI Consulting

According to www.scotusblog.com, the case was affirmed and remanded
by the U.S. Supreme Court, 9-0, in an opinion by Justice Sotomayor
on Feb. 27, 2018.

The Bankruptcy Code allows trustees to set aside and recover
certain transfers for the benefit of the bankruptcy estate,
including certain fraudulent transfers "of an interest of the
debtor in property"; the Bankruptcy Code also sets out a number of
limits on the exercise of these avoiding powers, including the
Section 546(e) safe harbor - which, inter alia, provides that a
"trustee may not avoid a transfer that is a ... settlement payment
... made by or to (or for the benefit of) a ... financial
institution .. or that is a transfer made by or to (or for the
benefit of) a ... financial institution ... in connection with a
securities contract."  In the Chapter 11 bankruptcy filed by Valley
View Downs and its parent company, the only relevant transfer for
purposes of the Section 546(e) safe harbor is the transfer that the
trustee, FTI Consulting Inc., seeks to avoid, i.e., the transfer
from Valley View to Merit Management Group for the sale of Bedford
Downs Management's stock.

               About Centaur and Valley View Downs

Indianapolis, Indiana-based, Centaur, LLC, aka Centaur Indiana, LLC
-- http://www.centaurgaming.net/-- was involved in the development
and operation of entertainment venues focused on horse racing and
gaming.  The Company and its affiliates filed for Chapter 11
bankruptcy protection on March 6, 2010 (Bankr. D. Del. Case No.
10-10799).  Jeffrey M. Schlerf, Esq., at Fox Rothschild LLP,
assisted the Company in its restructuring effort.  The Company
disclosed assets of $584 million and debt of $681 million as of the
Petition Date.

Affiliates Centaur PA Land LP and Valley View Downs LP sought
protection on October 28, 2009 (Bankr. D. Del., Case No. 09-13761),
also represented by Fox Rothschild.  Centaur PA Land LP and Valley
View Downs filed for bankruptcy to keep alive a project to develop
a racetrack in Pennsylvania.  The filings were made following the
failure to make payments due that month on a $382.5 million
first-lien debt and a $192 million second-lien credit.

All the companies are subsidiaries of closely held Centaur Inc.

Centaur LLC was authorized in August 2010 to sell the Fortune
Valley Hotel & Casino 40 miles west of Denver to Luna Gaming
Central City LLC for $7.5 million cash, plus a $2.5 million note.

The Debtor obtained approval of its reorganization plan at a Feb.
18, 2011 confirmation hearing.  The Plan would slash the casino
operator's debt by two-thirds to $260 million.  The Plan, as
revised, is based on a settlement reached by the Debtors with the
Official Committee of Unsecured Creditors, the settlement was
entered among the Debtors, the Official Committee of Unsecured
Creditors, and Credit Suisse AG, Cayman Islands Branch, as
administrative agent and collateral agent for lenders that
provided first lien revolving credit and term loans prepetition.

Under the Plan, second-lien lenders are to split $3.4 million in
notes that pay in kind.  Unsecured creditors of Valley View Downs
now will receive the lesser of 50% paid in cash or a share of $1.5
million cash.  Other general unsecured creditors also will have the
lesser of half payment or sharing $650,000 in cash.

FTI Consulting, Inc., serves as Trustee to the Centaur LLC
Litigation Trust.


W&T OFFSHORE: Swings to $79.7 Million Net Income in 2017
--------------------------------------------------------
W&T Offshore, Inc. filed with the Securities and Exchange
Commission its annual report on Form 10-K reporting net income of
$79.68 million on $487.09 million of revenues for the year ended
Dec. 31, 2017, compared to a net loss of $249.02 million on $399.98
million of revenues for the year ended Dec. 31, 2016.

For the three months ended Dec. 31, 2017, the Company reported net
income of $23.36 million on $129.09 million of revenues compared to
net income of $16.48 million on $115.21 million of revenues for the
same period during the prior year.

As of Dec. 31, 2017, W&T Offshore had $907.58 million in total
assets, $1.48 billion in total liabilities and a total
shareholders' deficit of $573.50 million.

The Company also reported its year-end 2017 proved reserves with a
100% reserve replacement rate and provided its 2018 capital
expenditure program, and first quarter and full year 2018
production and expense guidance.  Some of the key highlights for
the fourth quarter and full year 2017 included:

   * The Company's year-end 2017 SEC proved reserves were 74.2
     million barrels of oil equivalent, thus, the Company replaced
     just over 100% of its production for the year.

   * Production for the fourth quarter of 2017 averaged 37,526
     barrels of oil equivalent ("Boe") per day (or 3.5 million Boe
     for the quarter), 58% of which was oil and natural gas
     liquids ("NGLs"), compared to 40,254 Boe per day in the
     fourth quarter of 2016.  Fourth quarter production was
     impacted by well maintenance, weather, pipeline outages, and
     platform maintenance that collectively resulted in deferred
     production of almost 6,100 Boe per day.

   * Revenues were $129.1 million, up $13.9 million, or 12.1%
     compared to the fourth quarter of 2016.  Oil and NGLs sales
     made up 78% of revenues in the fourth quarter of 2017
     compared to 72% in the fourth quarter of 2016.

   * Operating income was $33.2 million, an increase of 55.6% over

     the fourth quarter of 2016.

   * Net income was $23.4 million or $0.16 per share.  Excluding
     special items, the Company's adjusted net income for the
     fourth quarter of 2017 was $24.2 million, representing a
     $16.5 million increase over the fourth quarter of 2016.
     Excluding special items, its earnings were $0.17 per share
     which represents an increase of $0.11 per share over the
     fourth quarter of 2016.

   * For the year 2017 cash flow from operating activities was
     $159.4 million which represents an increase of $145.2 million

     over the year 2016.

   * Adjusted EBITDA for the fourth quarter of 2017 was $72.9
     million, up $3.3 million compared to the fourth quarter of
     2016.  Adjusted EBITDA for the full year of 2017 was $268.4
     million, up $89.3 million over the full year 2016.  The
     Company's Adjusted EBITDA margin was 55% for the year of
     2017, up from 45% in 2016.

Tracy W. Krohn, W&T Offshore's Chairman and Chief Executive
Officer, stated, "Our successful drilling program, combined with
the effective development and excellent performance of some of our
major fields, allowed us to replace just over 100% of our
production on capital expenditures of only $130 million for the
year, which we funded with cash on hand and cash flow from
operations, i.e., within cash flow.  Production was down about 5%
compared to 2016, primarily due to pipeline and platform outages
along with tropical storm downtime.

"One of our objectives over the last few years following the
industry downturn has been to build our cash position while
maintaining steady production and proved reserve levels.  In 2017,
we successfully met those goals while increasing our cash balance
by $28.8 million to $99.1 million.  We expect to see further
improvement in our 2018 cash flow as well as increases in our cash
balances as our unhedged production benefits from higher oil prices
and our 2018 capital plan remains a modest $130 million.

"Additionally, we expect to receive $65.1 million of tax refunds in
2018, although a portion of it could occur later, related to
plugging and abandonment activities that allow us to capture net
operating loss carrybacks.  By ending 2017 with a strong cash
balance and building cash throughout 2018, we expect to be in a
good position to be able to either fund our upcoming 2019 debt
maturities during 2018 or refinance, or a combination of both, as
appropriate.

"Our capital expenditure program for 2018 is composed of select
lower-risk, high-return, oil-focused projects combined with higher
risk, higher return oil focused wells that, assuming success, would
be placed on production fairly quickly.  Our inventory of high
quality exploration drilling and field extension projects in the
Gulf of Mexico is based on advanced seismic and processing which
provide further insight into some of our key fields.

"To provide additional financial flexibility, as we have previously
reported, throughout 2017 and now into 2018 we have been working to
establish a drilling joint venture with private investors.  We are
in the final stages of establishing such a drilling joint venture
that will allow us to drill and exploit assets on a promoted basis
and with reduced capital outlay. We have completed negotiations
with an initial group of investors but are subject to funding at an
initial closing expected to occur by mid-March.  More investors may
join the joint venture before or after the initial closing.

"It's important to note that establishing an investment vehicle
with outside parties that will allow us to drill our wells on a
promoted basis, will enable our 2018 capital spending requirements,
as outlined in this press release, to be much lower. Once all
conditions to the initial closing of this joint venture are met we
will announce final terms and revise our 2018 capital budget.
Additionally, this joint venture could position us in the future to
participate in high quality prospects that we may not otherwise be
able to participate in," concluded Mr. Krohn.

It is expected that entities owned and controlled by Tracy W.
Krohn, chairman and chief executive officer of the Company, and his
family will invest on the same terms as are negotiated with
unaffiliated investors to acquire an approximate 4% interest in the
drilling joint venture.

Production for the fourth quarter of 2017 was 3.5 million Boe
compared to the fourth quarter 2016 of 3.7 million Boe.  Fourth
quarter 2017 production was comprised of 1.6 million barrels of
oil, 0.4 million barrels of NGLs and 8.7 billion cubic feet ("Bcf")
of natural gas.  Oil and NGLs production comprised 58% of total
production in the fourth quarter of 2017 compared to 55% of total
production in the fourth quarter of 2016.  Production for the
fourth quarter of 2017 was primarily impacted by well maintenance,
weather, pipeline outages, and platform maintenance that
collectively resulted in deferred production of almost 6,100 Boe
per day.

For the full year 2017, production was 14.6 million Boe, compared
to 15.4 million Boe in 2016.  Total 2017 production was comprised
of 7.1 million barrels of oil, 1.4 million barrels of NGLs and 36.8
Bcf of natural gas.  For the full year, production was impacted by
well maintenance, weather, pipeline outages, and platform
maintenance that collectively resulted in deferred production of
over 4,600 Boe per day.

The Mahogany, Ewing Bank 910, and Virgo fields delivered the
largest production increases for the year 2017 compared to the 2016
period because of our successful drilling, completion, recompletion
and workover programs.

For the fourth quarter of 2017 the Company realized crude oil sales
price was $55.83 per barrel, the Company's realized NGL sales price
was $27.55 per barrel and the Company realized natural gas sales
price was $2.95 per Mcf.  The combined average realized sales price
was $36.79 per Boe compared to $30.83 per Boe in the fourth quarter
of 2016.  For the full year of 2017 the Company's realized sales
price for crude oil was $48.13 per barrel (representing an increase
of 28.9% over 2016), its NGL realized sales price was $23.35 per
barrel (representing an increase of 36.2% over 2016) and its
realized sales price for natural gas was $2.96 per Mcf
(representing an increase of 17.0% over 2016).  The Company's
combined realized sales price was $33.02 per Boe compared to $25.76
per Boe for the full year 2016, representing an increase of 28.2%.
During the last two months of 2017 the Company's crude oil price
differentials became positive as the Brent/WTI differentials
widened and the light/heavy crude differentials narrowed.  The
Company believes this is primarily attributable to the turmoil in
Venezuela that has led to reduced imports of sour and heavy crude
oil into the United States.

Revenues for the fourth quarter of 2017 increased 12.1% to $129.1
million compared to $115.2 million in the fourth quarter of 2016.
The increase in revenues was due to a 19.3% increase in its
realized commodity price, offset by production volumes that were
adversely impacted by 6,100 Boe per day of deferred production as
previously mentioned.  The Company sold 37,526 Boe per day at an
average realized sales price of $36.79 per Boe compared to 40,254
Boe per day as compared to an average realized sales price of
$30.83 per Boe in the fourth quarter of 2016.

For the year 2017, revenues were $487.1 million, up 22% or $87.1
million over the 2016 period.  Revenues were up $100.8 million due
to higher prices, partially offset by lower production volumes.

Lease operating expense, which includes base lease operating
expenses, insurance premiums, workovers and facilities maintenance,
was $36.9 million in the fourth quarter of 2017 compared to $33.8
million in the fourth quarter of 2016.  On a component basis, base
lease operating expenses were $30.4 million, insurance premiums
were $2.6 million, workovers were $0.3 million and facilities
maintenance was $3.6 million.  Base LOE was up $2.2 million over
the fourth quarter of 2016 with higher incentive compensation
accruals due to significantly better financial performance and due
to increased activities at three of its fields.  Insurance premiums
were up $0.6 million while workover expenses decreased $1.9 million
due to the 2016 period reflecting higher activity.  Facilities
maintenance increased $1.0 million due to increased activity at
several fields but primarily associated with work at Matterhorn.
Finally, the 2016 period reflected a portion of an insurance
reimbursement related to settlement of a Hurricane Ike claim.

For the year 2017, LOE was $143.7 million which was $8.7 million
below the 2016 period due to lower base LOE and lower insurance
premiums.  Base LOE was lower by $10.5 million on a decrease in the
cost of goods and services resulting from structural operational
changes, reduced vendor pricing in the Gulf of Mexico and higher
production handling fees (cost offsets) at certain fields.

Depreciation, depletion, amortization and accretion, including
accretion for asset retirement obligations, was $11.25 per Boe for
the fourth quarter of 2017 compared to $10.50 per Boe for the
fourth quarter of 2016.  On a nominal basis, DD&A was $38.8 million
for the fourth quarter of 2017 which was flat with the fourth
quarter of 2016.  For the year 2017, DD&A on a nominal basis was
$155.7 million which is down $55.9 million from the 2016 period
primarily because of the ceiling test write-downs of $279.1 million
in the 2016 period which lowered the full cost pool subject to
depletion.

General and administrative expenses was $14.4 million for the
fourth quarter of 2017 and flat with the fourth quarter of 2016.
Decreases in medical claims and lower legal costs were entirely
offset by higher professional services associated with reservoir
engineering and higher surety bond premiums.  G&A for the full year
2017 was also flat compared to the full year of 2016.

Fourth quarter of 2017 reflects a loss of $0.6 million associated
with crude oil derivative contracts compared to a loss of less than
$0.1 million in the fourth quarter of 2016.  For the year 2017, the
Company realized a gain of $4.2 million compared to a loss of $2.9
million in the 2016 period.

Interest expense was $11.6 million in the fourth quarter of 2017,
flat with the fourth quarter of 2016.  For the year 2017, interest
expense was $45.8 million which represents a decrease of $46.4
million from the 2016 period due to the Exchange Transaction that
was completed on Sept. 7, 2016, when we exchanged $710.2 million of
our Unsecured Senior Notes for $301.8 million of new secured notes
and 60.4 million shares of common stock, and at the same time,
closed on a $75.0 million, 1.5 Lien Term Loan.  Interest expense
was also lower because we had no borrowings on the $150 million
revolving bank credit facility during 2017 compared to borrowings
averaging approximately $150.0 million from the beginning of
January 2016 until we closed on the Exchange Transaction.

The Company recorded an income tax benefit of $1.5 million in the
fourth quarter of 2017 on pre-tax income of $21.9 million compared
to income tax expense of $1.0 million on pre-tax income of $17.5
million in the fourth quarter of 2016.  Its annualized effective
tax rate for both periods was not meaningful.  The income tax
benefit in the 2017 period relates to NOL carryback claims made
pursuant to IRC Section 172(f) (related to rules for "specified
liability losses"-, which permit certain platform dismantlement,
well abandonment and site clearance costs to be carried back 10
years.  The full year 2017 reflects a tax benefit of $12.6 million
on pre-tax income of $67.1 million.  The benefit for 2017 reflects
an estimated tax refund of $13.0 million that we expect to receive
sometime in the second or third quarter of 2018 that relates to its
specified liability loss carryback for plugging and abandonment
expenditures made in 2017.

As of Dec. 31, 2017, the balance sheet reflects current income tax
receivables of $13.0 million and non-current income tax receivables
of $52.1 million.  The non-current income tax receivable relates to
the Company's NOL claims for the years 2012, 2013 and 2014 that
were carried back to prior years.  These various carryback claims
are made pursuant to IRC Section 172(f).

Tax Cuts and Jobs Act of 2017 modified certain U.S. Federal income
tax provisions available to corporations.  Along with lowering the
corporate income tax rate, the TCJA changed certain income tax
rules and deductions including cost recovery, limits on the
deductions of interest expense, the elimination of the deduction
from domestic production activities and utilization of net
operating losses.  Under the TCJA effective in 2018, the rules
related to specified liability losses have been eliminated and
additional claims will not be allowed in 2018 and forward.  The
TCJA does not affect the NOL carryback claims that the Company
previously filed nor does the TCJA affect the review process for
such claims.  As a result of TCJA, the Company's net deferred tax
assets and associated valuation allowance were provisionally
adjusted downwards by $105.9 million as of Dec. 31, 2017.  No other
changes were needed to either the income statement or balance sheet
as a result of the TCJA.

The Company reported net income for the fourth quarter of 2017 of
$23.4 million or $0.16 per common share.  Excluding special items,
its adjusted net income was $24.2 million and its earnings were
$0.17 per share.  For the fourth quarter of 2016 the Company
reported net income of $16.5 million, or $0.12 per common share;
excluding special items, adjusted net income for the fourth quarter
of 2016 would have been $7.7 million, or $0.06 per share.

Net cash provided by operating activities for the year 2017 was
$159.4 million which represents an increase of $145.2 million over
the year 2016.  Cash flows from operating activities, (before
changes in working capital, insurance reimbursements, escrow
deposits and ARO settlements), were $235.6 million in 2017 compared
to $103.1 million in 2016.

The increase in cash flows in 2017 was primarily due to higher
realized prices for all its commodities -- crude oil, NGLs and
natural gas, lower operating expenses and lower interest payments,
primarily offset by deferred production volumes.  The Company's
combined average realized sales price per Boe increased 28.2%,
which increased revenues by $100.8 million.  However, production
volumes decreased on a Boe basis by 5.2%, which lowered revenues by
$15.4 million.  Operating expenses decreased by $11.3 million and
interest expense decreased $46.4 million.  Interest payments
related to the debt that was part of the Exchange Transaction are
reported as a part of "cash flows from financing activities". Other
items affecting operating cash flows for 2017 were ARO settlements
of $72.4 million and an escrow deposit of $49.5 million to secure
the appeal of the Apache lawsuit, partially offset by insurance
reimbursements of $31.7 million.

Adjusted EBITDA for the fourth quarter of 2017 was $72.9 million
and the Company's Adjusted EBITDA margin was 56%.  Adjusted EBITDA
for the year 2017 was $268.4 million, up from $179.1 million in the
2016 period.  Its Adjusted EBITDA margin was 55% for the year 2017
compared to 45% for the 2016 period.

At Dec. 31, 2017, the Company's total liquidity was $248.8 million,
consisting of an unrestricted cash balance of $99.1 million and
$149.7 million of availability under its $150 million revolving
bank credit facility.

The Company's capital expenditures for oil and gas properties on an
accrual basis for the year 2017 were $130.0 million compared to
$48.6 million for the 2016 period ($106.2 million in the 2017
period on a cash basis compared to $83.8 million for the 2016
period).  In 2017 about 44% of the Company's capital expenditures
were dedicated to four drill wells at its Mahogany field while the
remainder was dedicated to new exploration wells at Ship Shoal 300,
Main Pass 286, and an unsuccessful well at South Timbalier 224.
The Company also performed recompletions at Main Pass 69, High
Island 22, Main Pass 108 and a number of other fields.  The
remaining expenditures were associated with development activities
and seismic.

Currently, the Company has established a 2018 capital program of
$130.0 million that includes 12 wells to be drilled (four of which
were started in 2017, one of which has been abandoned as a dry
hole), of which seven are deepwater wells and five are shelf wells.
Six of the deepwater wells and four of the shelf wells are
exploratory.  The budget also includes 12 recompletes that are
expected to cost approximately $7.5 million.  Approximately $35
million of the budget is related to projects that commenced in 2017
with the remainder dedicated to new projects in 2018. Additionally,
the Company estimates it will spend approximately $24 million on
plugging and abandonment activities in 2018.

The Company expects that this budget may result in a slight
decrease in its 2018 production compared to 2017.  The Company's
estimates of production for 2018 are a function of the timing of
the expenditures and the success of the wells and its other work
programs.  The Company's estimates do not yet reflect the full
impact of its proposed drilling joint venture.  Nor do these
estimates reflect what the Company believes are viable acquisition
opportunities that can increase both production and reserves.  The
Company continues to evaluate these opportunities and are confident
that it can execute on them as they arise.

Projects included in the 2018 capital spending plan that are
already under way include the completion of Ship Shoal 349
(Mahogany) A-17, a well that has found two new objectives in two
new sands; development of the Main Pass 286 #1, a successful 2017
exploration well; and Viosca Knoll 823 (Virgo) A-10 ST, a deepwater
development well that is up-dip to known pay.

New projects in the Company's 2018 capital program include two more
wells at the Mahogany field, the SS 349 A-5 ST2, a low-cost side
track well targeting the "P" sand; and the SS 359 A-20, an
exploration/exploitation well.  Two wells are also planned at Ewing
Bank 910 field, the ST 311 A-2 and A-3 wells, both of which are
low-risk, high-return exploration opportunities with multiple
stacked pay sands.  If successful, all of these wells can be
brought on line quickly via existing infrastructure and pipelines.
Additionally, the Company expects the recompletions that are
planned will provide low-cost production additions.

Virtually all of these projects meet the Company's objectives of
having a very high probability of success, expected high rates of
return and short-term payout, and the ability to boost production
levels in 2018 or early 2019.

OPERATIONS UPDATE

Ship Shoal 349 "Mahogany" (100% WI, operated, shelf):  The Company
recently completed the drilling of the A-17 well that found a
previously undiscovered deeper sand (V-Sand) and extended the known
limits of one of the field pay sands seen in earlier wells,
resulting in proved reserve additions with significant upside.  The
A-17 well will initially be completed in the newly discovered sands
with production expected to commence late in the first quarter.
Following the A-17 well, the Company will begin drilling the A-5 ST
well targeting the 'Q' and 'P' sands that were logged and evaluated
in the A-18 well drilled in 2017.  Workover and recompletion
opportunities continue to exist at Mahogany and will be done as
time and operating conditions permit.  Mahogany production averaged
over 6,900 Boe per day net to its interest in 2017.

Viosca Knoll 823 "Virgo": The Company recently mobilized a rig to
its Virgo Platform to commence what it anticipates will be a
multi-well deepwater drilling program.  The Company's first well in
the program, the A-10 ST well, targeted an up-dip attic position
nearby to a logged well in some of the deep main field pays.  The
well recently reached total depth of 16,770 feet and logged a
significant hydrocarbon column in its target objective. The Company
is now moving into completion mode and will likely have the well on
line during early second quarter.  Following the completion of the
A-10 ST, the Company expects to begin drilling the second well in
its drilling program at Virgo.  One attractive feature of this
drilling program is its ability to achieve early cash flow from the
wells due to the presence of infrastructure and our Virgo
production platform.  W&T Offshore, Inc. is the operator with an
80% working interest in the A-10 ST well.  The co-owner is EnVen
Energy Ventures, LLC, a wholly owned subsidiary of EnVen Energy
Corporation, with 20% working interest.

Ewing Bank 910 (36% - 50% WI, operated, deepwater): Two wells are
planned in the Company's Ewing Bank 910 field, which are the South
Timbalier 311 A-2 and A-3 wells.  The Company anticipates beginning
rig mobilization in the first quarter of 2018 with a likely spud
date sometime in the second quarter of 2018.  The Company believes
both of these wells are low-risk exploration opportunities with
multiple stacked pay sands. Assuming success, these wells can be
brought on line quickly via existing infrastructure and pipelines.

Main Pass 286 (100% WI, operated, shelf): This well was drilled
late in the fourth quarter of 2017 resulting in a new field
discovery.  The Company is evaluating its optimal development
scenarios, which will likely include bringing the production back
to a platform at MP 283 which is a nearby W&T owned facility.  The
Company expects to proceed with development later this year.
Although dependent upon final project sanction and its development
solution, the Company is expecting this discovery to achieve first
production sometime during early 2019.

Well Recompletions and Workovers: During 2017, the Company
performed 16 recompletions that added approximately 4,440 Boe per
day of initial production and 11 workovers that added approximately
6,600 Boe per day of initial production.  For 2018 the Company
anticipates performing 12 recompletions for a cost of around $7.5
million that will lead to additional production.

Year-End 2017 Proved Reserves

The Company's year-end 2017 SEC proved reserves were 74.2 million
Boe, or 445.3 Bcfe, with 57% comprised of liquids (46% crude oil
and 11% NGLs) and 43% natural gas.  The Company achieved a reserve
replacement rate in excess of 100% for calendar year 2017.  At year
end, approximately 74% of its 2017 proved reserves were classified
as proved developed producing, 10% as proved developed
non-producing and 16% as proved undeveloped.  This represents an
increase 15.2% in its proved developed reserves over 2016.

Total production in 2017 of approximately 14.6 million Boe was more
than offset by upward revisions to previous reserve estimates due
to successful well performance in several key fields, as well as
new extensions and discoveries.  The Company also had favorable
revisions due to an increase of $8.59 per barrel in crude prices
and an increase of $0.50 per Mcf in natural gas prices.  Total
proved reserves at year-end 2016 were 74.0 million Boe, 55% of
which were comprised of crude oil and NGLs.

The present value of the Company's reported SEC proved reserves,
discounted at 10% ("PV-10"), at such date was $992.9 million, up
32% from $754.9 million at the end of 2016.  The standardized
measure of future net cash flows of its SEC proved reserves was
$740.6 million at Dec. 31, 2017.  The 2017 SEC PV-10 is based on an
average crude oil price of $51.34 per barrel and average natural
gas price of $2.98 per Mcf, both after adjustment for quality,
transportation, fees, energy content, and regional price
differentials.  For purposes of calculating the SEC PV-10 for 2016,
the average crude oil price was $42.75 per barrel and the average
natural gas price was $2.48 per Mcf.

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

                      https://is.gd/ni7paE

                       About W&T Offshore

W&T Offshore, Inc. -- http://www.wtoffshore.com/-- is an
independent oil and natural gas producer with operations offshore
in the Gulf of Mexico and has grown through acquisitions,
exploration and development.  The Company currently has working
interests in 49 producing fields in federal and state waters and
has under lease approximately 700,000 gross acres, including
approximately 470,000 gross acres on the Gulf of Mexico Shelf and
approximately 230,000 gross acres in the deepwater.  A majority of
the Company's daily production is derived from wells it operates.

                         *     *     *

As reported by the TCR on April 14, 2017, S&P Global Ratings
affirmed its 'CCC' corporate credit rating on U.S.-based oil and
gas exploration and production (E&P) company W&T Offshore Inc.  The
rating outlook is negative.  "The affirmations follow our review of
W&T's capital structure and credit profile in light of challenging
conditions in the offshore E&P industry," said S&P Global Ratings
credit analyst Kevin Kwok.


WHOLE ENERGY: Case Summary & 11 Unsecured Creditors
---------------------------------------------------
Debtor: Whole Energy Fuels Corporation
        2905 Newmarket ST, STE 101-204
        Arlington, WA 98223

Business Description: Whole Energy Fuels Corporation,
                      headquartered in Arlington, Washington,
                      provides support services to biofuel
                      producers and is a biofuel distributor.
                      Whole Energy supports various feedstock and
                      biodiesel production efforts in British of
                      Columbia, Washington, Oregon and California
                      and has supported several projects in its
                      region.  

                      http://www.whole-energy.com/

Chapter 11 Petition Date: March 1, 2018

Court: United States Bankruptcy Court
       Western District of Washington (Seattle)

Case No.: 18-10831

Judge: Hon. Timothy W. Dore

Debtor's Counsel: John R. Rizzardi, Esq.
                  CAIRNCROSS & HEMPELMANN, P.S.
                  524 2nd Ave, Suite 500
                  Seattle, WA 98104-2323
                  Tel: 206-254-4444
                  E-mail: jrizzardi@cairncross.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Atul Deshmane, principal.

A full-text copy of the petition, along with a list of 11 unsecured
creditors, is available for free at:

                  http://bankrupt.com/misc/wawb18-10831.pdf


WORD INTERNATIONAL: Unsecureds to Recoup 100% Over 60 Months
------------------------------------------------------------
Word International Ministries filed with the U.S. Bankruptcy Court
for the District of South Carolina a small business disclosure
statement, dated Feb. 23, 2018, describing its proposed plan of
reorganization also dated Feb. 23, 2018.

General unsecured creditors are classified in Class 3(a) and will
receive a distribution of 100% of their allowed claims, to be
distributed in 60 equal monthly installments, commencing 30 days
after the effective date of confirmation. The Plan includes a
second class of unsecured claims, consisting of individuals who may
hold causes of actions against the Debtor based on conduct of the
Debtor or its agents. The claims in this class will not be
discharged and the claims will survive confirmation of the Plan.

The Debtor will fund its Plan, and pay its operating expenses, with
tithes and offerings from its members, and with proceeds from
rental property owned by the debtor.

Although the Church's tithes and offerings have fallen as a result
of declining membership, the amount received recently is showing an
increase. For the three month period from November 2017 through
January 2018, the tithes and offerings have averaged $1,226.43 each
month. The Church believes that after its financial problems have
been resolved that the number of members will grow and that its
tithes and offerings will increase to over $2,000 per month, at a
minimum.

In addition to the rental proceeds, the Church will receive $250
per month from a member for the remaining debt owed for the
transfer of real estate located at $103 Middle St., Sumter, SC.
Payments will be received for a period of 20 months, commencing
January 2018. It is anticipated that the tithe and offerings will
increase by the time the payments end and that the increase will
offset the amount of the monthly payments the Church had been
receiving.

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

     http://bankrupt.com/misc/scb17-04845-49.pdf

              April 19 Disclosure Statement Hearing

The hearing to consider the approval of the Disclosure Statement
will be held at the J. Bratton Davis United States Bankruptcy
Courthouse, 1100 Laurel Street, Columbia, South Carolina on April
19, 2018, at 11:00 AM.

April 11 is fixed as the last day for filing and serving in
accordance with Fed. R. Bankr. P. 3017(a) written objections to the
Disclosure Statement.

               About Word International Ministries

Word International Ministries is a religious organization based in
Sumter, South Carolina.  World International filed a Chapter 11
petition (Bankr. D.S.C. Case No. 17-04845) on Sept. 29, 2017.
Melody DuRant, its trustee manager, signed the petition.  At the
time of filing, the Debtor estimated $1 million to $10 million in
assets and $500,000 to $1 million in liabilities.  The Hon. David
R. Duncan presides over the case.  Reid B. Smith, Esq., of Bird &
Smith PA, is the Debtor's bankruptcy counsel.  No official
committee of unsecured creditors has been appointed in the Chapter
11 case.


YANKEE CLIPPER: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Yankee Clipper Distribution of California, Inc.
        13322 Los Robles Ct.
        Eastvale, CA 92880

Business Description: Yankee Clipper Distribution of California,
                      Inc. -- http://www.ycdistribution.com-- is
                      a privately held company in Eastvale,
                      California that provides third party
                      logistics services to the New York City and
                      Los Angeles areas.  With three warehouse
                      operations, Yankee Clipper offers
                      warehousing, inventory control and
                      distribution solutions to various
                      industries.

Chapter 11 Petition Date: March 1, 2018

Court: United States Bankruptcy Court
       Central District of California (Riverside)

Case No.: 18-11664

Judge: Hon. Meredith A. Jury

Debtor's Counsel: Michael Jay Berger, Esq.
                  LAW OFFICES OF MICHAEL JAY BERGER
                  9454 Wilshire Blvd 6th Floor
                  Beverly Hills, CA 90212-2929
                  Tel: 310-271-6223
                  Fax: 310-271-9805
                  E-mail: michael.berger@bankruptcypower.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Pavan Makker, chief executive officer.

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/cacb18-11664.pdf


[*] Alan Friedman Joins Shulman Hodges' Chapter 11 Practice
-----------------------------------------------------------
Shulman Hodges & Bastian LLP has brought tremendous depth and
experience to its Chapter 11 practice with the addition of its new
partner, Alan Friedman.

Mr. Friedman was formerly a partner with Irell & Manella and most
recently with Lobel Weiland Golden Friedman LLP. James Bastian,
head of SHB's insolvency practice group, noted, "We had the desire
and opportunity to bring a highly valued attorney to our practice
group and in Alan Friedman, we have added 30-plus years of
experience in high-end Chapter 11 cases. Many experts believe
Chapter 11 filings might be on the increase in the coming years and
with Alan on our team, we will be well-positioned to assist clients
in need of creative, but cost-effective help."

Leonard Shulman, managing partner of SHB, added, "We view the
Chapter 11 area as a growth area for our firm and by adding Alan
Friedman, we believe there are few insolvency departments in
southern California that can match our level of experience, talent
and competitive rates."

Shulman Hodges & Bastian LLP -- http://www.shbllp.com/-- is a
full-service business law firm founded in 1992 with offices in
Irvine and Riverside.


[^] BOND PRICING: For the Week from Feb. 26 to March 2, 2018
------------------------------------------------------------
  Company                   Ticker   Coupon Bid Price   Maturity
  -------                   ------   ------ ---------   --------
Alpha Appalachia
  Holdings Inc              ANR       3.250     2.048   8/1/2015
American Eagle Energy Corp  AMZG     11.000     1.148   9/1/2019
Appvion Inc                 APPPAP    9.000     8.576   6/1/2020
Appvion Inc                 APPPAP    9.000     8.576   6/1/2020
Arconic Inc                 ARNC      5.720   103.300  2/23/2019
Avaya Inc                   AVYA     10.500     4.154   3/1/2021
Avaya Inc                   AVYA     10.500     4.154   3/1/2021
BPZ Resources Inc           BPZR      6.500     3.017   3/1/2015
BPZ Resources Inc           BPZR      6.500     3.017   3/1/2049
Bon-Ton Department
  Stores Inc/The            BONT      8.000    18.500  6/15/2021
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp              BBEP      7.875     6.500  4/15/2022
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp              BBEP      8.625     6.688 10/15/2020
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp              BBEP      8.625     6.243 10/15/2020
BreitBurn Energy
  Partners LP / BreitBurn
  Finance Corp              BBEP      8.625     6.243 10/15/2020
Cenveo Corp                 CVO       6.000    47.750   8/1/2019
Cenveo Corp                 CVO       8.500     9.813  9/15/2022
Cenveo Corp                 CVO       8.500    10.500  9/15/2022
Cenveo Corp                 CVO       6.000    50.500   8/1/2019
Chassix Holdings Inc        CHASSX   10.000     8.000 12/15/2018
Chassix Holdings Inc        CHASSX   10.000     8.000 12/15/2018
Chukchansi Economic
  Development Authority     CHUKCH    9.750    61.561  5/30/2020
Claire's Stores Inc         CLE       9.000    68.842  3/15/2019
Claire's Stores Inc         CLE       8.875    23.195  3/15/2019
Claire's Stores Inc         CLE       7.750     8.685   6/1/2020
Claire's Stores Inc         CLE       9.000    69.993  3/15/2019
Claire's Stores Inc         CLE       7.750     8.685   6/1/2020
Claire's Stores Inc         CLE       9.000    70.218  3/15/2019
Cobalt International
  Energy Inc                CIEI      2.625    33.500  12/1/2019
Crane Co                    CR        2.750   100.232 12/15/2018
Cumulus Media Holdings Inc  CMLS      7.750    21.000   5/1/2019
EV Energy Partners LP /
  EV Energy Finance Corp    EVEP      8.000    49.197  4/15/2019
EXCO Resources Inc          XCOO      8.500     9.050  4/15/2022
Egalet Corp                 EGLT      5.500    46.250   4/1/2020
Emergent Capital Inc        EMGC      8.500    60.609  2/15/2019
Energy Conversion
  Devices Inc               ENER      3.000     7.875  6/15/2013
Energy Future
  Holdings Corp             TXU       9.750    90.000 10/15/2019
Energy Future
  Holdings Corp             TXU       5.550    14.043 11/15/2014
Energy Future
  Holdings Corp             TXU       6.500    15.000 11/15/2024
Energy Future
  Holdings Corp             TXU       6.550    15.625 11/15/2034
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc          TXU      11.250    39.438  12/1/2018
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc          TXU       9.750    39.500 10/15/2019
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc          TXU      11.250    38.500  12/1/2018
FGI Operating Co LLC /
  FGI Finance Inc           GUN       7.875    22.684   5/1/2020
FirstEnergy Solutions Corp  FE        6.050    35.621  8/15/2021
FirstEnergy Solutions Corp  FE        6.050    35.670  8/15/2021
FirstEnergy Solutions Corp  FE        6.050    35.670  8/15/2021
Fleetwood Enterprises Inc   FLTW     14.000     3.557 12/15/2011
GenOn Energy Inc            GENONE    9.500    83.438 10/15/2018
GenOn Energy Inc            GENONE    9.500    79.000 10/15/2018
GenOn Energy Inc            GENONE    9.500    83.524 10/15/2018
Gibson Brands Inc           GIBSON    8.875    80.255   8/1/2018
Gibson Brands Inc           GIBSON    8.875    79.289   8/1/2018
Gibson Brands Inc           GIBSON    8.875    80.217   8/1/2018
Homer City Generation LP    HOMCTY    8.137    38.750  10/1/2019
Iconix Brand Group Inc      ICON      1.500    97.750  3/15/2018
Illinois Power
  Generating Co             DYN       6.300    33.375   4/1/2020
Interactive Network Inc /
  FriendFinder
  Networks Inc              FFNT     14.000    70.250 12/20/2018
IronGate Energy
  Services LLC              IRONGT   11.000    31.250   7/1/2018
IronGate Energy
  Services LLC              IRONGT   11.000    32.625   7/1/2018
IronGate Energy
  Services LLC              IRONGT   11.000    32.473   7/1/2018
IronGate Energy
  Services LLC              IRONGT   11.000    32.473   7/1/2018
Las Vegas Monorail Co       LASVMC    5.500     4.037  7/15/2019
Lehman Brothers
  Holdings Inc              LEH       2.000     3.326   3/3/2009
Lehman Brothers
  Holdings Inc              LEH       5.000     3.326   2/7/2009
Lehman Brothers
  Holdings Inc              LEH       2.070     3.326  6/15/2009
Lehman Brothers
  Holdings Inc              LEH       4.000     3.326  4/30/2009
Lehman Brothers
  Holdings Inc              LEH       1.600     3.326  11/5/2011
Lehman Brothers
  Holdings Inc              LEH       1.500     3.326  3/29/2013
Lehman Brothers
  Holdings Inc              LEH       1.383     3.326  6/15/2009
Lehman Brothers Inc         LEH       7.500     1.226   8/1/2026
Linc USA GP / Linc
  Energy Finance USA Inc    LNCAU     9.625     2.250 10/31/2017
MF Global Holdings Ltd      MF        3.375    30.000   8/1/2018
MModal Inc                  MODL     10.750     6.125  8/15/2020
Mashantucket Western
  Pequot Tribe              MASHTU    7.350    15.250   7/1/2026
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC          MPO      10.750     4.062  10/1/2020
Molycorp Inc                MCP      10.000     1.301   6/1/2020
Morgan Stanley              MS        4.403    99.380   3/5/2018
Murray Energy Corp          MURREN   11.250    44.474  4/15/2021
Murray Energy Corp          MURREN   11.250    45.135  4/15/2021
Murray Energy Corp          MURREN    9.500    43.778  12/5/2020
Murray Energy Corp          MURREN    9.500    43.778  12/5/2020
New Gulf Resources LLC/
  NGR Finance Corp          NGREFN   12.250     7.014  5/15/2019
New Gulf Resources LLC/
  NGR Finance Corp          NGREFN   12.250     7.014  5/15/2019
New Gulf Resources LLC/
  NGR Finance Corp          NGREFN   12.250     7.014  5/15/2019
Nine West Holdings Inc      JNY       8.250     6.232  3/15/2019
Nine West Holdings Inc      JNY       6.125     7.977 11/15/2034
Nine West Holdings Inc      JNY       6.875     8.576  3/15/2019
Nine West Holdings Inc      JNY       8.250     6.599  3/15/2019
OMX Timber Finance
  Investments II LLC        OMX       5.540     6.656  1/29/2020
Orexigen Therapeutics Inc   OREX      2.750    34.000  12/1/2020
Orexigen Therapeutics Inc   OREX      2.750    39.865  12/1/2020
PaperWorks Industries Inc   PAPWRK    9.500    54.586  8/15/2019
PaperWorks Industries Inc   PAPWRK    9.500    54.313  8/15/2019
Powerwave Technologies Inc  PWAV      3.875     0.435  10/1/2027
Powerwave Technologies Inc  PWAV      2.750     0.435  7/15/2041
Powerwave Technologies Inc  PWAV      1.875     0.435 11/15/2024
Powerwave Technologies Inc  PWAV      3.875     0.435  10/1/2027
Powerwave Technologies Inc  PWAV      1.875     0.435 11/15/2024
Prospect Holding Co LLC /
  Prospect Holding
  Finance Co                PRSPCT   10.250    48.250  10/1/2018
Real Alloy Holding Inc      RELYQ    10.000    72.000  1/15/2019
Real Alloy Holding Inc      RELYQ    10.000    69.598  1/15/2019
Renco Metals Inc            RENCO    11.500    26.750   7/1/2003
Rex Energy Corp             REXX      6.250    31.405   8/1/2022
Rex Energy Corp             REXX      8.875    30.462  12/1/2020
SAExploration Holdings Inc  SAEX     10.000    56.415  7/15/2019
SandRidge Energy Inc        SD        7.500     1.852  2/15/2023
Sears Holdings Corp         SHLD      6.625    76.894 10/15/2018
Sears Holdings Corp         SHLD      6.625    77.844 10/15/2018
Sears Holdings Corp         SHLD      6.625    77.844 10/15/2018
Sears Holdings Corp         SHLD      8.000    42.284 12/15/2019
SiTV LLC / SiTV
  Finance Inc               NUVOTV   10.375    61.750   7/1/2019
SiTV LLC / SiTV
  Finance Inc               NUVOTV   10.375    64.375   7/1/2019
TerraVia Holdings Inc       TVIA      5.000     4.779  10/1/2019
TerraVia Holdings Inc       TVIA      6.000     5.707   2/1/2018
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc               TXU      11.500     0.974  10/1/2020
Texas Competitive
  Electric Holdings
  Co LLC / TCEH
  Finance Inc               TXU      11.500     0.974  10/1/2020
Toys R Us - Delaware Inc    TOY       8.750    15.563   9/1/2021
Toys R Us Inc               TOY       7.375    17.000 10/15/2018
Transworld Systems Inc      TSIACQ    9.500    27.885  8/15/2021
Transworld Systems Inc      TSIACQ    9.500    28.104  8/15/2021
UCI International LLC       UCII      8.625     4.780  2/15/2019
Walter Energy Inc           WLTG      8.500     0.834  4/15/2021
Walter Energy Inc           WLTG      9.875     0.834 12/15/2020
Walter Energy Inc           WLTG      9.875     0.834 12/15/2020
Walter Energy Inc           WLTG      9.875     0.834 12/15/2020
Westmoreland Coal Co        WLB       8.750    41.094   1/1/2022
Westmoreland Coal Co        WLB       8.750    40.679   1/1/2022
iHeartCommunications Inc    IHRT     14.000    11.536   2/1/2021
iHeartCommunications Inc    IHRT      7.250    20.474 10/15/2027
iHeartCommunications Inc    IHRT      6.875    29.721  6/15/2018
iHeartCommunications Inc    IHRT     14.000    11.554   2/1/2021
iHeartCommunications Inc    IHRT     14.000    11.550   2/1/2021


                            *********

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 ***