TCR_Public/180306.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, March 6, 2018, Vol. 22, No. 64

                            Headlines

11380 SMITH: Hires Brown Dunning as Special Litigation Counsel
2275 NE 120: Hires Investment Group as Real Estate Broker
3714 EVANS: Must File Plan and Disclosures Before May 7
8133 LEESBURG: Hires Millichap Real as Real Estate Broker
ABEINSA HOLDING: Rioglass Bid to Clarify Court Order Partly Granted

ACEMLA DE PUERTO RICO: Plan Confirmation Hearing Set for March 20
ALL STAR MEDICAL: Latest Plan Proposes to Pay Unsecureds 15%-25%
ALLY FINANCIAL: Appoints Jennifer LaClair as New CFO
AMEJ CORPORATION: Hires Eric A. Liepins as Counsel
AMERICAN AXLE: Fitch Affirms BB- Long-Term IDR; Outlook Stable

APOLLO ENDOSURGERY: Posts $27.3 Million Net Loss in 2017
AVOLON HOLDINGS: Fitch Assigns BB IDR & Rates $500MM Unsec Notes BB
AVOLON HOLDINGS: Moody's Rates New $500MM Sr. Unsecured Notes Ba3
AVOLON HOLDINGS: S&P Affirms BB+ CCR & Rates New Unsec. Notes 'BB'
BAL HARBOUR: Receiver Proposes Special Litigation Counsel

BLACKSMITH SQUARE: Hires Carrow Real as Real Estate Broker
BO EX VENTURES: March 29 Plan Confirmation Hearing
BP CHANEY: Hires Northern Realty as Real Estate Broker
BRION'S RESTAURANT: Case Summary & 20 Largest Unsecured Creditors
C & D FRUIT: Hires Stichter Riedel as Counsel

CAMBER ENERGY: Will Effect 1-for-25 Reverse Stock Split
COBALT INTERNATIONAL: Reports Net Loss of $968 Million in 2017
COGENT COMMUNICATIONS: Moody's Hikes Corporate Family Rating to B2
CONTINENTAL RESOURCES: Moody's Hikes CFR to Ba2; Outlook Positive
COPSYNC INC: Reaches Deal with Kologik on $600K Claim Transfer

DAILY GAZETTE: Trustee Unable to Appoint Committee
DANIEL EKE: U.S. Trustee Unable to Appoint Committee
DOCASA INC: Changes Fiscal Year End to Dec. 31
ENUMERAL BIOMEDICAL: Creditors May Get Nothing Under Exit Plan
ENVIRO BUILDERS: April 4 Plan Confirmation Hearing

FINJAN HOLDINGS: Settles with Symantec for $65 Million
FSA INC: Hires Lamey Law Firm as Counsel
GENERAL NUTRITION: Moody's Hikes Corporate Family Rating to B3
GOLD AND GREEN: Voluntary Chapter 11 Case Summary
GOODWILL INDUSTRIES: Hires FTI Consulting as Financial Advisor

GOODWILL INDUSTRIES: Hires Greenberg Traurig as Special Counsel
GREEN TERRACE: Hires Genovese Joblove as Bankruptcy Counsel
GREER APPLIANCE: Plan Outline Okayed, Plan Hearing on March 20
HCR MANORCARE: Case Summary & 30 Largest Unsecured Creditors
HCR MANORCARE: Files for Chapter 11 in Delaware with QCP Deal

HCR MANORCARE: Former CEO Ormond Due $116.7 Million
HCR MANORCARE: Terms of Restructuring Deal with Carlyle et al.
HEAVEN'S TREASURES: Case Summary & 20 Largest Unsecured Creditors
HEXION INC: Widens Net Loss to $234 Million in 2017
HIGH PLAINS COMPUTING: Files Second Amended Plan Outline

HOMEROOMS INC: Sale of Louisiana Hotel to Fund Proposed Plan
HRG GROUP: Moody's Puts B3 CFR Under Review for Upgrade
HUMANIGEN INC: Cheval Holdings Hikes Stake to 43.9% as of March 1
IHEARTCOMMUNICATIONS INC: Elects Not to Pay $138M Notes Interest
IHEARTMEDIA INC: GSO Sells Debt to Liberty Media

IHEARTMEDIA INC: Lenders Agree to Forbearance Thru March 7
IHEARTMEDIA INC: Terms of Company's Draft Restructuring Proposal
INTERNATIONAL PLACE: Taps Marcus & Millichap as Broker
JLF 114 LIBERTY: Voluntary Chapter 11 Case Summary
K-MAC HOLDINGS: Moody's Assigns B3 Corporate Family Rating

KAR AUCTION: Moody's Puts B1 CFR Under Review for Downgrade
KERR-ALBERT OFFICE: Hires Wernette Heilman as Counsel
LAKESHORE PROPERTIES: To Pay MLIC, Metlife Loans in 3 Years
LDJ ENTERPRISE: Hires John R.B. Braddock as Accountant
LENEXA HOTEL: Court Decision to Dismiss Chapter 11 Case Remains

LIFESTAT AMBULANCE: Wants Plan Filing Extended to April 30
LIGNUS INC: Latest Plan to Pay Unsecured Creditors in 8 Years
LUPETTO INC: Hires Becker & Poliakoff as Counsel
MANLEY TOYS: Bankruptcy Court Junks Aviva Bid for Stay Relief
MARKPOL DISTRIBUTORS: Case Summary & 20 Top Unsecured Creditors

MASSENGILL INVESTMENTS: Hires Scarborough & Fulton as Counsel
MEDOVEX CORP: Obtains $305,000 From Sale of Securities
MERITAGE HOMES: Fitch Rates $300MM Sr. Unsecured Notes 'BB'
MERITAGE HOMES: S&P Rates New $300MM Unsecured Notes 'BB'
MESOBLAST LIMITED: Posts H1 Net Profit of $6.7 Million

MORNINGSTAR MARKETPLACE: Case Summary & Unsecured Creditor
MOTORS LIQUIDATION: Forbearance Agreement With New GM Expires
MUSCLEPHARM CORP: Drexler Remains as President, CEO & Chairman
MY PERSONAL ADVISOR: Hires David A. Scholl as Counsel
NATIONAL AMUSEMENTS: S&P Affirms 'B+' CCR, Outlook Stable

NATIONAL ORTHOPEDICS: Court Directs U.S. Trustee to Appoint PCO
NEWALTA CORP: Moody's Puts Caa1 CFR On Review for Upgrade
NON-SURGICAL WELLNESS: Hires William Firm as Bankruptcy Counsel
OMEROS CORP: Incurs $53.5 Million Net Loss in 2017
ORWELL TRUMBULL: Hires Chiron Financial as Investment Banker

PATRIOT NATIONAL: Files Amended Disclosure Statement
PHASERX INC: Changes Case Caption to PZ Wind Down Inc.
Q&C PROPERTIES: Hires Piercy Bowler as Accountant
QEP RESOURCES: Fitch Puts 'BB' IDR on Watch Negative
QEP RESOURCES: S&P Puts 'BB+' CCR on CreditWatch Negative

QUALITY CARE: Delays Filing of Annual Report, Cites HCP Bankruptcy
QUALITY CARE: Needs More Time to Complete Its Form 10-K
QUALITY CARE: To Buy 100% of HCR ManorCare in Prepack Chapter 11
QUEST SOLUTION: Settles Debts with the Marins, Thomet and Zicman
QUIDDITCH ACQUISITION: Moody's Rates New $238MM Bank Loans B3

RES-CARE INC: S&P Affirms Then Withdraws 'B+' Corp Credit Rating
SALSGIVER INC: Case Summary & 20 Largest Unsecured Creditors
SEADRILL LTD: Reaches Separate Deals with Samsung & Daewoo
SEASTAR HOLDINGS: Committee Hires Bayard as Counsel
SEASTAR HOLDINGS: Committee Hires Gavin/Solmonese as Fin'l Advisor

SEVEN STARS: Expects Full-Year 2017 Revenue of $125M to $144M
SILO NAIL: April 4 Plan and Disclosure Statement Hearing
SKIP ONE SEAFOOD: Hires Leon A. Williamson as Counsel
SPECTRUM BRANDS: Moody's Affirms B1 CFR & Revises Outlook to Stable
TD MANUFACTURING: Proposes Plan to Exit Chapter 11 Protection

TERVITA CORP: Moody's Affirms B1 CFR After Proposed Newalta Merger
TERVITA CORP: S&P Puts 'B' CCR on Watch Pos. Amid Newalta Merger
TITAN ENERGY: Appoints Christopher Walker as COO
TIVO CORP: Strategic Alternatives No Impact on Moody's Ba3 Rating
VILLAGE VENTURE: Hires Neil Denman as Accountant

W. W. CONSTRUCTION: Taps Vanden Bos & Chapman, LLP as Attorney
WESTAMPTON COURTS: Disclosure Statement Hearing Set for March 20
WILLIAMS SEAFOOD: Disclosure Statement Hearing Set for March 29
WORLD ACCEPTANCE: S&P Affirms 'B+' ICR, Outlook Still Negative
YOSKAR LIQUORS: Wants Plan Filing Deadline Moved to May 29

Z-1 MANAGEMENT: Voluntary Chapter 11 Case Summary
[] Alan Friedman Joins Shulman Hodges' Chapter 11 Practice
[] Retailer Bankruptcy Filings Expected to Continue in 2018
[^] Large Companies with Insolvent Balance Sheet

                            *********

11380 SMITH: Hires Brown Dunning as Special Litigation Counsel
--------------------------------------------------------------
11380 Smith Rd. LLC seeks authority from the U.S. Bankruptcy Court
for the District of Colorado to employ Brown Dunning Walker PC as
special litigation counsel to the Debtor.

11380 Smith requires Brown Dunning to:

   -- provide representation to and for the interests of those
      parties in litigation, including contested matters and
      adversary proceedings, arising from or in, or related to,
      the petition or the bankruptcy proceedings; and

   -- provide such representation including the investigation of
      potential claims held by the Debtor and the estate,
      and if appropriate, the prosecution thereof.

Brown Dunning will be paid at these hourly rates:

     Douglas W. Brown, Partner            $375
     Neal K. Dunning, Partner             $375
     David C. Walker, Partner             $375
     Associates                       $200 to $250
     Paralegals                           $125

Brown Dunning will be paid a retainer in the amount of $10,000.

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

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

Brown Dunning can be reached at:

     Douglas W. Brown, Esq.
     BROWN DUNNING WALKER PC
     2000 South Colorado Blvd., Suite 700
     Denver, CO 80222
     Tel: (303) 329-3363
     Fax: (303) 393-8438
     E-mail: dbrown@bdwfirm.com

                   About 11380 Smith Rd. LLC

11380 Smith Rd LLC listed itself as a Single Asset Real Estate (as
defined in 11 U.S.C. Section 101(51B)).  The Company owns in fee
simple a real property located at 11380 Smith Road Aurora,
Colorado, with an estimated value of $6.50 million. The Company
posted gross revenue of $229,240 in 2017 and gross revenue of
$641,084 in 2016.

11380 Smith Rd LLC filed a Chapter 11 petition (Bankr. D. Col. Case
No. 18-10965) on Feb. 13, 2018.  In the petition signed by Louis
Hard, manager/member, the Debtor disclosed $9.13 million in total
assets and $4.76 million in total liabilities.  The Hon. Thomas B.
McNamara presides over the case.  Jeffrey Weinman, Esq. at Weiman &
Associates, P.C., is the Debtor's bankruptcy counsel.  Brown
Dunning Walker PC, is the special counsel.


2275 NE 120: Hires Investment Group as Real Estate Broker
---------------------------------------------------------
2275 NE 120 Street, LLC, seeks authority from the U.S. Bankruptcy
Court for the Southern District of Florida to employ Investment
Group Realty Company, as real estate broker to the Debtor.

2275 NE 120TH requires Investment Group to market and sell the
Debtor's real property located at 2275 NE 120 St., Miami, FL
33181.

Investment Group will be paid a commission of 6% of the total sales
price.

Martha Vias, member of Investment Group Realty Company, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Investment Group can be reached at:

     Martha Vias
     INVESTMENT GROUP REALTY COMPANY
     814 Ponce De Leon, Blvd, Suite 201
     Coral Gables, FL 33134
     Tel: (305) 496-6396

                  About 2275 NE 120TH Street

2275 NE 120 Street, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Fla. Case No. 18-11110) on Jan. 29, 2018.  The Debtor
hired Peter Spindel, Esq., PA, as counsel.



3714 EVANS: Must File Plan and Disclosures Before May 7
-------------------------------------------------------
Judge Caryl E. Delano of the U.S. Bankruptcy Court for the Middle
District of Florida ordered 3714 Evans LLC to file a plan and
disclosure statement on or before May 7, 2018.

The Disclosure Statement must, at the minimum, contain adequate
information pertaining to the Debtor in the following areas:

   (a) Pre- and post-petition financial performance;

   (b) Reasons for filing Chapter 11;

   (c) Steps taken by the Debtor since filing of the petition to
facilitate its reorganization;

   (d) Projections reflecting how the Plan will be feasibly
consummated;

   (e) A liquidation analysis; and

   (f) A discussion of the Federal tax consequences as described in
section 1125(a)(1) of the Bankruptcy
Code.

If the Disclosure Statement is timely filed, the Court will review
its adequacy. If the Disclosure Statement is found to be adequate,
the Court will enter an order of conditional approval, establishing
pertinent deadlines and scheduling the Consolidated Hearing.

If the Debtor fails to file a Plan and Disclosure Statement by the
Filing Deadline, the Court will issue an Order to Show Cause why
the case should not be dismissed or converted to a Chapter 7 case.

                    About 3714 Evans LLC

Based in Fort Myers, Florida 3714 Evans LLC is a privately held
company listing itself as a Single Asset Real Estate (as defined in
11 U.S.C. Section 101(51B)).

The Debtor sought protection under chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 18-00852) on Feb. 5, 2018, with
estimated assets of $100,000 to $500,000 and estimated liabilities
of $1 million to $10 million. The petition was signed by Kenneth
Berdick, principal.

The Debtor is represented by Charles R. Hayes, Esq. of the Law
Office of Charles R. Hayes, P.A.


8133 LEESBURG: Hires Millichap Real as Real Estate Broker
---------------------------------------------------------
8133 Leesburg Pike, LLC, seeks authority from the U.S. Bankruptcy
Court for the Eastern District of Virginia to employ Marcus &
Millichap Real Estate Investment Services, Inc., as real estate
broker to the Debtor.

8133 Leesburg requires Millichap Real to provide commercial real
estate brokerage services for the sale of the Debtor's real
property located at 8133 Leesburg Pike, Vienna, Virginia.

Millichap Real will be paid a commission of 1.25% of the gross
purchase price of the property.

Bryn Merrey, member of Millichap Real Estate Investment Services,
Inc., assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtor and its
estates.

Millichap Real can be reached at:

     Bryn Merrey
     MILLICHAP REAL ESTATE INVESTMENT SERVICES, INC.
     7200 Wisconsin Ave., Suite 1101
     Bethesda, MD 20814
     Tel: (202) 536-3700

                   About 8133 Leesburg Pike

8133 Leesburg Pike, LLC, is the owner of the real property located
at 8133 Leesburg Pike, Vienna, Virginia, improved by a multi-floor,
148,482 square foot, office building built in 1981 and acquired by
the company in December 2002.
It is the Debtor's goal and expectation in filing its Chapter 11
case to sell the Property at a price sufficient to pay in full all
of the Debtor's secured and unsecured debt.  

8133 Leesburg Pike, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Va. Case No. 18-10432) on Feb. 6, 2018.  The Debtor
hired Hirschler Fleisher as counsel.  Marcus & Millichap Real
Estate Investment Services, Inc., is the real estate broker.


ABEINSA HOLDING: Rioglass Bid to Clarify Court Order Partly Granted
-------------------------------------------------------------------
Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District
of Delaware granted in part and denied in part Rioglass Solar,
Inc.'s motion for limited consideration or clarification of an
order of the Court entered on July 13, 2017.

On March 29, 2016, Debtors Abeinsa Holding, Inc., including Abener
Teyma Mojave General Partnership, filed for Chapter 11 bankruptcy
petitions. On Dec. 15, 2016, the Court entered an Order confirming
the Debtors' Modified First Amended Plans of Reorganization and
Liquidation. The Plan became effective on March 31, 2017. Also on
March 31, 2017, the Reorganizing Debtors, including ATMGP, entered
into an agreement with Drivetrain, LLC-- the Litigation Trustee --
that assigned certain claims of those Debtors to the Litigation
Trust.

On July 11, 2016 ATMGP filed arbitration proceedings against
Rioglass before the International Chamber of Commerce asserting
breach of contract claims under the Supply Agreement and claiming
liquidated damages of $2.7 million arising from Rioglass' alleged
late deliveries. The parties dispute, strongly, how to characterize
the parties' interactions attempting to bring the Trust into the
Arbitration after the Plan's Effective Date.

On May 30, 2017, the Reorganized Debtor and the Trustee filed a
joint motion in the Court for entry of an Order (i) enforcing the
terms of the Confirmation Order and Plan to compel Rioglass to
consent to withdrawal of the Reorganized Debtor's arbitration
action and cease prosecution of claims against the Reorganized
Debtor, and (ii) for an award of (A) actual damages and (B)
sanctions. On May 31, 2017, the Trustee filed an adversary
complaint Court against Rioglass asserting breach of contract
claims under the Supply Contract.

After reviewing the parties' submissions, the Court entered an
Order on July 13, 2017, which combined portions of the proposed
forms of order, providing in relevant part that: (1) "The [Trust]
should be substituted as the sole claimant in ICC Case No 22103 ..
and [Rioglass] shall be the sole respondent"; (2) ATMGP "shall
withdraw as a claimant in and shall not in any respect be a party
to the First Arbitration . . ."; (3) the Adversary Proceeding
"shall be stayed pending the final resolution and determination of
the First Arbitration, provided however that Rioglass may apply to
lift such stay for the purpose of seeking discovery from ATMGP . .
." and (4) the [Second Arbitration] "shall promptly be withdrawn .
. ." and "[s]ubj ect to paragraph 5 [sic] of this Order, each party
shall bear its own costs and expenses, and no party shall seek or
make any application for costs or damages, including attorneys'
fees, in connection with the Second Arbitration."

On July 27, 2017, Rioglass filed its Motion asking the Court to
reconsider or clarify the July Order regarding three issues. The
first issue asserts that portions of the July Order that reference
paragraph 5, should, instead, reference paragraph 4. Second,
Rioglass asks the Court to clarify that it may assert a damages
claim against the Trust in the Arbitration arising from the Trust's
filing of the Adversary Proceeding, which Rioglass argues breaches
the agreement to arbitrate all Disputes. Third, Rioglass asks the
Court to clarify that the July Order allows the Arbitration
Tribunal to decide whether the Trust should be added to the
Arbitration by substitution or joinder. Except for the paragraph
number references, the Trust and ATMGP forcefully object to the
relief requested in the Rioglass Motion.

The first issue in this matter is easily resolved. The two
references in the July Order to paragraph 5, which should refer to
paragraph 4, are typographical errors that will be corrected in the
form of Order entered on the Rioglass Motion.

The Rioglass Motion points out flaws in the July Order that the
Court should clarify to prevent any manifest injustice that could
result due to any confusion about the Court's decision. There is no
dispute that the Supply Agreement between ATMGP and Rioglass
contained an arbitration provision.

In their attempt at settlement, the parties agreed that they could
apply to the Arbitration Tribunal for costs, including costs
associated with the discontinued arbitration and the Adversary
Proceeding. However, the settlement broke down when the parties
tried to document their different interpretations of the term
"costs." The Trust and ATMGP argue that they intended to preserve
the ability to apply under ICC Rules for an award of costs in favor
of the prevailing party. Rioglass, on the other hand, argues that
it intended to preserve its right to assert a damage claim for
attorneys' fees and costs incurred in responding to the Adversary
Proceeding which, it argues, was filed in violation of the Supply
Contract's arbitration provision. Rioglass argues that case law
permits claims for damages that arise when a party initiates suit
in violation of arbitration provision or forum selection clause.

As the parties could not reach agreement as to the meaning of
"costs" and in light of the presumption in favor of arbitrability,
the Court will revise the July Order to delete the exclusion of any
claims for costs related to the Adversary Proceeding. Instead, if
Rioglass asserts such a claim, the Arbitration Tribunal can decide
whether a damage claim based upon responding to the Adversary
Proceeding is appropriate or has any merit.

Rioglass similarly argues that the July Order should be clarified
to note that use of the word "substituted" in paragraph 2 was not
intended to dictate the appropriate filings and procedures that
should be taken to change the parties in the Arbitration. Rioglass
continues to claim that ICC Rules require that the Trust be added
as a party to the Arbitration through joinder. The Trust and ATMGP
argue in response that the Court properly ordered the Trust's
substitution in the Arbitration for ATMGP based upon language in
the Plan, Confirmation Order and the Litigation Trust Agreement.
Further, the Trust and ATMGP assert that "the Arbitral Tribunal had
no difficulty interpreting this Court's Order [and] issued its own
order on July 19 stating that the Trust would be substituted as the
sole claimant." No evidence to the contrary was offered by
Rioglass. This issue is now moot.

A full-text copy of Judge Carey's Opinion dated Feb. 26 is
available at:

    http://bankrupt.com/misc/deb16-10790-1742.pdf

                     About Abeinsa Holding

Abeinsa Holding Inc., Abengoa Solar LLC, Abeinsa EPC LLC, Abencor
USA, LLC, Nicsa Industrial Supplies LLC, Abener Construction
Services LLC, Abeinsa Abener Teyma General Partnership, Abener
Teyma Mojave General Partnership, Abener Teyma Inabensa Mount
Signal Joint Venture, Teyma USA & Abener Engineering and
Construction Services General Partnership, Teyma Construction USA,
LLC, Abener North America Construction L.P., and Inabensa USA, LLC,
filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.
16-10790) on March 29, 2016.  The petitions were signed by Javier
Ramirez as treasurer.  They listed $1 billion to $10 billion in
both assets and liabilities.

Abener Teyma Hugoton General Partnership and five other entities
filed separate Chapter 11 petitions on April 6, 2016; and Abengoa
US Holding, LLC, Abengoa US, LLC and Abengoa US Operations, LLC
filed Chapter 11 petitions on April 7, 2016.  The cases are
consolidated under Lead Case No. 16-10790.

DLA Piper LLP (US) represents the Debtors as counsel.  Prime Clerk
serves as the Debtors' claims and noticing agent.

Andrew Vara, acting U.S. trustee for Region 3, appointed five
creditors of Abeinsa Holding Inc. and its affiliates to serve on
the official committee of unsecured creditors.

The Abeinsa Committee is represented by MORRIS, NICHOLS, ARSHT &
TUNNELL LLP's Robert J. Dehney, Esq., Andrew R. Remming, Esq., and
Marcy J. McLaughlin, Esq.; and HOGAN LOVELLS US LLP's Christopher
R. Donoho, III, Esq., Ronald J. Silverman, Esq., and M. Shane
Johnson, Esq.

Delaware Bankruptcy Judge Kevin J. Carey in December 2016 confirmed
Abeinsa Holding Inc. and its affiliates' Chapter 11 plans.


ACEMLA DE PUERTO RICO: Plan Confirmation Hearing Set for March 20
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Puerto Rico will
consider approval of the Chapter 11 plans of reorganization filed
by ACEMLA De Puerto Rico Inc. and Latin American Music Co., Inc. at
a hearing on March 20.

The court will also consider at the hearing final approval of the
companies' disclosure statements, which it conditionally approved
on Feb. 15.

Creditors are required to file their objections and cast their
votes accepting or rejecting the plans three days prior to the
hearing.

                  About ACEMLA de Puerto Rico Inc.

ACEMLA de Puerto Rico Inc. is one of the four "Performance Rights
Organization" (PRO), in the United States and No. 76 in the CISAC
world roster.  It controls and licenses LAMCO's non-exclusive
performance rights and those of its affiliate music publisher's
editors and composers.  This institution was created to defend the
Latin composer's rights in the United States and the world, and it
is as such that in 1985, by an appeal presented before the highest
federal court in this country, against a decision of the Copyright
Royalty Tribunal against ASCAP, BMI and SESAC, is successful, and
since then ACEMLA operates as the fourth society, or a performance
Rights Society (PRO), in the United States.

ACEMLA de Puerto Rico Inc. and Latin American Music Co Inc. filed
Chapter 11 petitions (Bankr. D.P.R. Case Nos. 17-02021 and
17-02023) on March 24, 2017.  The Hon. Enrique S. Lamoutte Inclan
presides over the cases.  Gratacos Law Firm, PSC, serves as
bankruptcy counsel.

In its petition, ACEMLA estimated assets of less than $500,000 and
liabilities of $1 million to $10 million.  LAMCO estimated assets
and liabilities of less than $1 million.

A list of ACEMLA's nine largest unsecured creditors is available
for free at http://bankrupt.com/misc/prb17-02021.pdf


ALL STAR MEDICAL: Latest Plan Proposes to Pay Unsecureds 15%-25%
----------------------------------------------------------------
All-Star Medical, Inc. filed with the U.S. Bankruptcy Court for the
District of Alabama a third amended disclosure statement in
connection with its third amended Chapter 11 plan of reorganization
dated Feb. 26, 2018.

The latest plan provides a 60 month Pro Forma Budget that estimates
the Debtor's income and expenses on a going forward basis. This
Budget also includes the debt service payments scheduled to be made
to both secured and priority unsecured creditors. The Debtor
believes that this Pro Forma Budget presents the reader with a
reasonable estimate of its income and expenses over the life the
Plan. The Budget supports confirmation of the Debtor's plan because
it shows that the Plan as proposed is feasible. For instance, based
on the Pro Forma Budget, the Debtor's income and expenses including
plan payments show a net income of $10,076 at the end of year one
and $78,449 at the end of year five. Although payments to unsecured
creditors are not specifically scheduled, the resulting projected
net income is sufficient to support the Debtor's estimated pro rata
payments to unsecured creditors.

Allowed general unsecured creditors in Class 2 will now receive a
distribution equal to no less than 15% percent and as high as 25%
of their Allowed Claim over a period of five years from the
Effective Date of the Plan. The actual amount paid to unsecured
creditors will vary since Allowed Unsecured Claims are paid on a
pro-rata basis once all Allowed Unsecured Claims are determined.
Allowed Claims in this class shall receive monthly payments
starting on the Effective Date of the Plan over a period of sixty
consecutive months. These payments will be weighted so that the
majority of the payments made to creditors in this class will be
made during years 2-5 of the Debtor's plan.

The previous version of the plan proposed to pay general unsecured
creditors a distribution of only 10%.

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

     http://bankrupt.com/misc/alnb17-82507-11-117.pdf

A full-text copy of the Third Amended Plan is available at:

    http://bankrupt.com/misc/alnb17-82507-11-118.pdf

                   About All Star Medical

All Star Medical, LLC -- http://www.allstarmedical.com/-- is a
locally owned and operated medical equipment company located in
Albertville, Cullman, Huntsville and Madison, Alabama.  It is a
durable medical equipment company.  It provides home medical
equipment and medical supplies like respiratory equipment,
wheelchairs, hospital beds and medical supplies to patients
throughout north Alabama.  It has offices in Albertville, Cullman,
Huntsville, and Madison.  Its main office is located at 2407 South
Memorial Parkway, Huntsville, Alabama 35805.

All Star Medical filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Ala. Case No. 17-82507) on Aug. 24, 2017.  In the petition
signed by Philip Garmon, owner, the Debtor disclosed $1.37 million
in total assets and $2.12 million in total liabilities.  The Hon.
Clifton R. Jessup Jr. presides over the case.  Kevin D. Heard,
Esq., at Heard, Ary & Dauro, LLC, serves as the Debtor's bankruptcy
counsel.


ALLY FINANCIAL: Appoints Jennifer LaClair as New CFO
----------------------------------------------------
Following the retirement of Christopher A. Halmy as chief financial
officer of Ally Financial Inc., Jennifer A. LaClair was appointed
as chief financial officer of Ally effective March 1, 2018.  

In connection with her appointment as chief financial officer
designate of Ally effective Dec. 18, 2017, Ms. LaClair had received
(1) $550,000 in cash, (2) under the Ally Financial Inc. Incentive
Compensation Plan, amended and restated effective as of May 2, 2017
(ICP), $500,000 in restricted stock awards that will vest one-half
on the first anniversary of the grant date and one-half on the
second anniversary of the grant date, in each case, subject to her
continued employment through that time, and (3) relocation
benefits.  In addition, in consideration of that appointment, Ms.
LaClair in January 2018 had been awarded (a) under the Ally
Financial Inc. Annual Incentive Plan, amended effective Jan. 1,
2017 (AIP), $775,000 in cash, (b) under the ICP, $687,500 in
restricted stock awards that will vest one-third on the first
anniversary of the grant date, one-third on the second anniversary
of the grant date, and one-third on the third anniversary of the
grant date, in each case, subject to her continued employment
through that time, and (c) under the ICP, $687,500 in
performance-based restricted stock units (assuming attainment of
the related performance goals at the target) that will vest in
whole on the third anniversary of the grant date subject to the
attainment of the related performance goals and her continued
employment through that time.

Ms. LaClair is scheduled to receive, during 2018, an annual base
salary of $600,000 as well as benefits and perquisites generally
available to named executive officers other than Ally's chief
executive officer.  Ms. LaClair's target incentive compensation for
performance in 2018 is $775,000 in cash, $687,500 in restricted
stock units, and $687,500 in performance-based restricted stock
units under the AIP, the ICP, and the Ally Financial Inc. Executive
Performance Plan, amended and restated effective as of Jan. 1,
2018, in each case, if and as applicable at the time.

                     About Ally Financial

Ally Financial Inc. (NYSE: ALLY), formerly GMAC Inc., is a digital
financial services company and a top 25 U.S. financial holding
company offering financial products for consumers, businesses,
automotive dealers and corporate clients.  Ally's legacy dates back
to 1919, and the company was redesigned in 2009 with a distinctive
brand, innovative approach and relentless focus on its customers.
Ally has an award-winning online bank (Ally Bank Member FDIC and
Equal Housing Lender), which offers deposit, mortgage and credit
card products, one of the largest full service auto finance
operations in the country, a complementary auto-focused insurance
business, a growing digital wealth management and online brokerage
platform, and a trusted corporate finance business offering capital
for equity sponsors and middle-market companies.

GMAC obtained a $17 billion bailout from the U.S. government in
exchange for a 56.3 percent stake while allowing private equity
firm Cerberus Capital Management LP to keep 14.9 percent, and
General Motors Co. owning 6.7 percent.

Ally Financial reported net income of $929 million on $8.32 billion
of total financing revenue and other interest income for the year
ended Dec. 31, 2017, compared to net income of $1.06 billion on
$8.30 billion of total financing revenue and other interest income
for the year ended Dec. 31, 2016.  As of Dec. 31, 2017, Ally
Financial had $167.14 billion in total assets, $153.65 billion in
total liabilities and $13.49 billion in total equity.


AMEJ CORPORATION: Hires Eric A. Liepins as Counsel
--------------------------------------------------
AMEJ Corporation seeks authority from the U.S. Bankruptcy Court for
the Northern District of Texas to employ Eric A. Liepins, P.C., as
counsel to the Debtor.

AMEJ Corporation requires Eric A. Liepins to represent the Debtor
in the Chapter 11 bankruptcy proceedings.

Eric A. Liepins will be paid at these hourly rates:

     Attorneys               $275
     Paralegals           $30 to $50

Eric A. Liepins will be paid a retainer in the amount of $50,000.

Eric A. Liepins will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

Eric A. Liepins can be reached at:

     Eric A. Liepins, Esq.
     ERIC A. LIEPINS, P.C.
     12770 Coit Road, Suite 1100
     Dallas, TX 75251
     Tel: (972) 991-5591
     Fax: (972) 991-5788

                     About Amej Corporation

Amej Corporation, based in Bridgeport, Texas, is a gasoline service
station primarily engaged in selling gasoline and lubricating oils.
The Company also sells other merchandise, such as tires,
batteries, and other automobile parts, or perform minor repair
work.

AMEJ Corporation, based in Bridgeport, TX, filed a Chapter 11
petition (Bankr. N.D. Tex. Case No. 18-40682) on Feb. 21, 2018.
The Hon. Russell F. Nelms presides over the case.  In the petition
signed by Cindy Tak, secretary, the Debtor estimated $1 million to
$10 million in both assets and liabilities.  Eric A. Liepins, Esq.,
at Eric A. Liepins, P.C., serves as bankruptcy counsel to the
Debtor.


AMERICAN AXLE: Fitch Affirms BB- Long-Term IDR; Outlook Stable
--------------------------------------------------------------
Fitch Ratings has affirmed the Long-Term (LT) Issuer Default
Ratings (IDRs) of American Axle & Manufacturing Holdings, Inc.
(AXL) and its American Axle & Manufacturing, Inc. (AAM) subsidiary
at 'BB-'. In addition, Fitch has affirmed the ratings on AAM's
secured revolving credit facility, secured term loan A and secured
term loan B at 'BB+'/'RR1'. Fitch has affirmed the ratings on AAM's
senior unsecured notes at 'BB-'/'RR4'. The Rating Outlooks for both
AXL and AAM are Stable.

KEY RATING DRIVERS

AXL's ratings reflect the auto supplier's strong margins and the
increased scale and diversity of its book of business following its
acquisition of Metaldyne Performance Group Inc. (MPG) in April
2017, set against a backdrop of significantly increased
post-acquisition leverage. Following the acquisition, the breadth
of AXL's product offerings increased, with the company adding
powertrain components and metal castings to its existing driveline
and metal-formed products. More importantly, AXL has diversified
its customer base, with sales to General Motors Company (GM) now
comprising less than half of the company's revenue, down from 68%
in 2016. The acquisition has also increased the geographic
diversification of the company's business, in particular by
providing AXL with a larger presence in Europe than it previously
had.

In addition to the benefits of the acquisition, AXL continues to
work on the new driveline technologies that it had been developing
prior to the acquisition, in order to diversify its business away
from its traditional driveline products for light-duty trucks.
These products include the EcoTrac disconnecting all-wheel drive
(AWD) system for passenger cars and crossover utility vehicles
(CUVs) and the e-AAM electric drive system for electric and hybrid
vehicles. The latter system will be used to provide the motive
power for an upcoming electric CUV, and the company recently
announced that another manufacturer has chosen it for use in a
hybrid passenger car. AXL also continues to develop its QUANTUM
lightweight driveline products for passenger cars and light
trucks.

Despite the increased diversification, Fitch continues to have
several rating concerns. Notably, despite its enhanced
diversification, AXL remains heavily exposed to the North American
light truck market, particularly with GM, making it sensitive to
any changes in that company's light-truck production. This risk
will be heightened in the near term as GM is in the process of
introducing entirely new full-size trucks and SUVs over the next
several years. The light-duty driveline market is also
characterized by heavy competition, which is likely to persist
going forward. A few other suppliers offer driveline technologies
similar to AXL's, and some auto manufacturers produce their own
driveline components in-house. Also, although AXL is increasing its
exposure to electrified vehicles, it remains a small player in that
market, and some of its powertrain products could see a decline in
demand over time as vehicle electrification becomes more
widespread.

AXL's leverage increased significantly following the MPG
acquisition as the company issued new debt to pay for a portion of
the acquisition and to refinance MPG's pre-acquisition debt. AXL
announced at the time of the acquisition that it planned to use FCF
to reduce debt following the acquisition, with a net leverage
target of 2x by year-end 2019. As such, Fitch expects AXL's EBITDA
leverage to decline over the next couple of years as the company
works toward its 2x net leverage target by using excess cash to
repay debt. Leverage will also decline once a full year's worth of
MPG's EBITDA is included in the calculation.

Fitch expects gross EBITDA leverage (debt/Fitch-calculated EBITDA)
to decline to the low-3x range by year-end 2018 and to the high-2x
range by year-end 2019. Fitch expects the leverage reduction will
be driven by both lower debt and modest growth in EBITDA. Fitch
expects FFO adjusted leverage to decline to the high-3x range by
year-end 2018 and the low-3x range by year-end 2019. At year-end
2017, AXL had $4.1 billion in debt, resulting in EBITDA leverage of
3.5x and FFO adjusted leverage of 4.7x, although both leverage
figures were elevated as they included only about nine months of
MPG's EBITDA and FFO.

Fitch expects AXL to produce solidly positive FCF over the
intermediate term, with FCF margins generally running in the low-
to mid-single-digit range. Fitch expects capital spending as a
percentage of revenue to run at about 8% in 2018, and then to
decline over next several years toward more normalized levels near
6%. Elevated capital spending in the near term will be driven
primarily by investments to support the company's backlog of new
business. FCF in the LTM ended Dec. 31, 2017 was $156 million,
equal to a 2.5% FCF margin. However, this was lower than the
expected long-term run rate due to cash expenses tied to
operational restructuring and merger integration activities, as
well as elevated capital spending that was 7.8% of LTM revenue. FCF
in the period also included only nine months of MPG-related FCF.

AXL's pension plans remain relatively well funded. At year-end
2017, the company's plans were 83% funded, with an unfunded status
of only $122 million. The company contributed $4.4 million to its
pension plans in 2017, and it expects required contributions to
total about $2 million in 2018. Given AXL's liquidity position and
FCF prospects, Fitch does not currently view the company's pension
plans as a meaningful credit risk.

The Recovery Rating of 'RR1' assigned to AAM's secured revolving
credit facility and term loans reflects their collateral coverage,
which includes virtually all the assets of AXL, AAM and certain
guarantor subsidiaries, leading to expected recovery prospects in
the 90% to 100% range in a distressed scenario. The Recovery Rating
of 'RR4' assigned to AAM's senior unsecured notes reflects Fitch's
expectation that recovery prospects would be average, in the 30% to
50% range, in a distressed scenario.

DERIVATION SUMMARY

AXL has a relatively strong market position focusing primarily on
light vehicle driveline and powertrain components. It also has a
strong competitive position manufacturing castings and metal-formed
parts. AXL's revenue roughly doubled following its acquisition of
MPG, but at about $7 billion on an annual basis, it remains
moderately sized compared with the global auto supplier base.
However, it is now similar in size to Dana Incorporated, which is
one of AXL's primary competitors. Leverage following the MPG
acquisition is elevated relative to other 'BB'-category auto
suppliers, including Dana, Tenneco Inc. (BB+/Stable), Delphi
Technologies PLC (BB/Stable) and The Goodyear Tire & Rubber Company
(BB/Stable). Partially mitigating concerns over AXL's leverage are
its profitability and FCF performance, with expected long-term
EBITDA margins in the high-teens and FCF margins in the
mid-single-digits. Both measures are relatively strong for the
rating category and for auto suppliers, in general. AXL remains
focused on leverage reduction, and Fitch expects the company will
use available FCF to reduce debt over the next several years.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for the issuer
include:

-- U.S. light vehicle sales plateau in the mid-16 million to low-
    17 million unit range for the next several years, while global

    sales continue to rise modestly in the low-single-digit range;
-- EBITDA margins remain strong, in the 17% to 18% range, over
    the next several years;
-- Capital spending runs at about 8% of revenue in 2018, then
    trends toward 6% over the next several years;
-- FCF remains solidly positive, with FCF margins in the low- to
    mid-single-digit range;
-- Debt declines as the company works toward its 2x net leverage
    target;
-- Any excess cash is used to repay debt.

RATING SENSITIVITIES

Future developments that may, individually or collectively, lead to
a positive rating action:

-- Sustained FCF margins of 4% or higher;
-- Sustained EBITDA leverage below 3x;
-- Sustained FFO adjusted leverage in the low 3x range.

Future developments that may, individually or collectively, lead to
a negative rating action:

-- Significant disruptions or inefficiencies resulting from
    acquisition integration issues;
-- Sustained EBITDA leverage above 3.5x;
-- Sustained FFO adjusted leverage above 4x;
-- A sustained decline in the EBITDA margin to below 12%;
-- Sustained FCF margins below 2%.

LIQUIDITY

Fitch expects AXL's liquidity to remain adequate over the
intermediate term. As of Dec. 31, 2017, AXL had $377 million in
consolidated cash and cash equivalents, augmented by $866 million
of availability on its $900 million secured revolver (after
accounting for $34 million in letters of credit backed by the
facility). Fitch estimates that about 76% of the company's cash and
cash equivalents were located outside the U.S. at Dec. 31, 2017.

Based on its criteria, Fitch treats a portion of non-U.S. cash, as
well as and cash needed to cover seasonal needs and other
obligations, as "not readily available" for purposes of calculating
net metrics. Fitch had previously treated all non-U.S. cash as "not
readily available". However, with the passage of the U.S. Tax Cuts
and Jobs Act, going forward, Fitch will treat the portion of
non-U.S. cash needed to cover repatriation taxes as "not readily
available". In its forecasts, Fitch has treated $92 million of
AXL's consolidated cash as "not readily available", which is
Fitch's estimate of cash needed to cover both seasonality and the
repatriation tax.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings with a Stable Outlook:

American Axle & Manufacturing Holdings, Inc.
-- Long-term IDR at 'BB-'.

American Axle & Manufacturing, Inc.
-- Long-term IDR at 'BB-';
-- Secured revolving credit facility rating at 'BB+'/'RR1';
-- Secured term loan A at 'BB+'/'RR1';
-- Secured term loan B rating at 'BB+'/'RR1';
-- Senior unsecured notes rating at 'BB-'/'RR4'.


APOLLO ENDOSURGERY: Posts $27.3 Million Net Loss in 2017
--------------------------------------------------------
Apollo Endosurgery, Inc. filed with the Securities and Exchange
Commission its annual report on Form 10-K reporting a net loss of
$27.29 million on $64.31 million of revenues for the year ended
Dec. 31, 2017, compared to a net loss of $41.16 million on $64.65
million of revenues for the year ended Dec. 31, 2016.

As of Dec. 31, 2017, Apollo Endosurgery had $109.06 million in
total assets, $59.14 million in total liabilities and $49.91
million in total stockholders' equity.

Total Endo-bariatric sales increased 13% to $35.9 million in 2017,
compared to $31.9 million in 2016, comprising 56% of total revenue
in 2017 compared to 49% in 2016.  Excluding U.S. Orbera starter kit
sales, total Endo-bariatric sales increased 27% for the year. Total
OUS Endo-bariatric product sales increased 32%, or $5.2 million in
2017 compared to 2016, primarily due to higher OverStitch sales in
the Company's direct markets.  OUS direct market sales were 69% of
total OUS Endo-bariatric product sales in 2017 compared to 65% for
2016.  U.S. Endo-bariatric product sales for 2017 decreased 8%, or
$1.2 million when compared to 2016. Excluding U.S. Orbera starter
kit sales, U.S. Endo-bariatric product sales increased 20%, or $2.3
million in 2017 primarily due to higher OverStitch product sales
and higher Orbera product sales from the first half of 2017.

Total Surgical product sales in 2017 were $27.6 million, a decrease
of 15%, compared to $32.3 million in 2016.  Total OUS Surgical
product sales decreased 5% to $10.2 million in 2017 compared to
$10.7 million in 2016.  In the U.S. Surgical sales decreased 20% to
$17.4 million in 2017 compared to $21.6 million in 2016.

Gross margin increased to 62% for 2017 from 61% in 2016.  Cost of
sales included inventory impairment charges of $0.7 million and
$3.8 million for 2017 and 2016, respectively.  In 2016, the Company
recorded an inventory impairment charge related to expiring
finished good inventory and excess raw materials transferred from
Allergan as required under the transition services agreement.
Excluding inventory impairment charges, gross margin was 63% for
2017 and 67% for 2016.  This lower gross margin, excluding the
impact of inventory impairment charges, is due to the ongoing shift
in its product sales mix from higher margin Surgical products to
Endo-bariatric products that realize lower relative gross margins
and the shift in the mix of Apollo manufactured products sold as
discussed above in fourth quarter results.

Total operating expenses were $62.2 million in 2017, compared to
$60.2 million in 2016 primarily due to higher sales and marketing
expenses associated with its Endo-bariatric product sales growth.

Interest expense decreased $13.7 million in 2017, compared to 2016
mainly due to the elimination of non-cash charges associated with
the convertible notes that were exchanged for common stock.

Cash, cash equivalents and restricted cash were $31.4 million as of
Dec. 31, 2017.

On Dec. 4, 2017, the Company filed a registration statement on Form
S-3 to offer and sell up to a maximum amount of $50.0 million of
common stock and entered a sales agreement to sell up to $16.0
million of shares of those shares in an "at-the-market" program.

                     Fourth Quarter 2017 Results

Total revenues in the fourth quarter of 2017 were $16.1 million,
compared to $15.3 million in the fourth quarter 2016, an increase
of 5%.

Total Endo-bariatric sales increased 29% to $9.8 million in the
fourth quarter of 2017 compared to $7.6 million in the fourth
quarter of 2016, due to a 64%, or $2.5 million, increase in
Endo-bariatric product sales outside the U.S. ("OUS") as a result
of higher OverStitch sales in the Company's direct markets and the
introduction of Orbera365 in Europe.  OUS direct market sales were
64% of total OUS Endo-bariatric product sales in the fourth quarter
of 2017, compared to 59% in the fourth quarter of 2016.  In the
U.S., total Endo-bariatric product sales declined 7%, or $0.3
million in the fourth quarter of 2017 compared to the same quarter
of 2016.  Excluding U.S. Orbera starter kit sales, U.S.
Endo-bariatric product sales increased 8%, or $0.2 million for the
fourth quarter of 2017 due to higher physician adoption and
utilization of OverStitch products.

Total Surgical product sales in the fourth quarter 2017 were $6.2
million, a decrease of just under 20%, compared to $7.6 million in
the fourth quarter of 2016.  Total OUS Surgical sales decreased 12%
to $2.1 million for the fourth quarter of 2017 compared to $2.3
million for the fourth quarter of 2016.  In the U.S., Surgical
sales decreased 23% to $4.1 million for the fourth quarter of 2017
compared to $5.3 million for the fourth quarter of 2016.

Gross margin for the fourth quarter of 2017 was 58%, compared to
62% for the fourth quarter of 2016 as a result of a greater
proportion of the Company's overall product sales coming from our
Endo-bariatric products, which realize a lower gross margin than
our Surgical products.  Additionally, the mix of Apollo
manufactured products sold increased in the fourth quarter of 2017
resulting in more overhead charged as cost of goods sold compared
to the fourth quarter of 2016 when the Company was depleting the
inventory it purchased as part of the planned transition from
Allergan to Apollo.  The Company expects gross margin to improve as
it completes certain identified Endo-bariatric product gross margin
improvement projects and improve capacity utilization of the
Company's manufacturing facility over the next two years.

Total operating expenses were $15.2 million in the fourth quarter
of 2017, compared to $17.2 million in the fourth quarter of 2016
primarily due to decreased general and administrative expenses
related to transaction costs incurred in the fourth quarter of 2016
associated with the Lpath merger.

Interest expense for the fourth quarter of 2017 decreased $10.3
million when compared to the fourth quarter of 2016.  This decline
was largely due to non-cash charges associated with convertible
notes that were exchanged for common stock in connection with the
Lpath merger in the fourth quarter of 2016.

Net loss for the fourth quarter 2017 was $7.3 million compared to
$19.7 million for the fourth quarter 2016.

Todd Newton, CEO of Apollo, said, "The fourth quarter marks our
second consecutive quarter of consolidated total revenue growth on
the sales of our Endo-bariatric products especially in our
international markets.  Demand for OverStitch was especially strong
during the fourth quarter in all markets as the treatments possible
with this new technology gained physician adoption.  Our
Endo-bariatric product sales are now 60% of our total sales and we
look to build on this momentum in 2018."

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

                       https://is.gd/zEaRzY

                     About Apollo Endosurgery

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


AVOLON HOLDINGS: Fitch Assigns BB IDR & Rates $500MM Unsec Notes BB
-------------------------------------------------------------------
Fitch Ratings has assigned a Long-Term Issuer Default Rating (IDR)
of 'BB' to Avolon Holdings Funding Limited with a Stable Outlook
and an expected rating of 'BB' to Avolon Holdings Funding Limited's
$500 million unsecured notes due 2023. The company intends to use
the net proceeds from the notes offering for general corporate
purposes, which may include the future repayment of outstanding
indebtedness.

KEY RATING DRIVERS - IDRs and Senior Debt

Avolon Holdings Funding Limited's IDR is equalized with the IDR of
Avolon Holdings Limited (Avolon), since Avolon Holdings Funding
Limited is a direct wholly-owned subsidiary of Avolon created for
the purpose of issuing unsecured notes. Avolon is the parent
guarantor for the notes. The equalization of the unsecured notes
with Avolon's IDR reflects the firm's modest unsecured debt as a
portion of total debt (24.4% as of Dec. 31, 2017), as well as an
assessment of the pool of unencumbered assets, including $2.1
billion of unencumbered aircraft as of Dec. 31, 2017, which
provides support to unsecured creditors and suggests average
recovery prospects on the notes.

Avolon's ratings were last affirmed on Feb. 22, 2018, in
conjunction with the company's announcements that it would pay a
dividend of $250 million to its direct owner, Bohai Capital Holding
Co., Ltd. (Bohai Capital), amend its guarantee structure to
eliminate potential structural subordination amongst the debt
issuing entities, and introduce a mandatory redemption covenant,
limiting payments to Bohai Capital within certain thresholds.

Avolon's ratings reflect the company's high quality commercial
aircraft portfolio; scale and franchise strength as one of the
world's largest aircraft leasing companies; strong profitability;
robust risk controls; and strong management track record. The
ratings are constrained by Avolon's predominantly secured,
wholesale funded debt profile; elevated leverage, defined as gross
debt to tangible common equity; aggressive growth via its order
book and stated acquisition appetite; and qualitative
considerations surrounding Avolon's ownership structure.

Fitch does not publicly rate Bohai Capital or HNA Group Co. Ltd.
(HNA), Bohai Capital's majority owner, but views the entities as
having highly speculative risk profiles. The funding and liquidity
needs of HNA and Bohai Capital have indicated the potential for
capital extraction from Avolon during periods of stress, but the
mandatory redemption covenant is expected to limit payments from
Avolon to Bohai Capital.

RATING SENSITIVITIES - IDRs and Senior Debt

Avolon Holdings Funding Limited's IDR and senior unsecured debt
rating are primarily sensitive to changes in Avolon's IDR and
secondarily to the relative recovery prospects of the notes.

Avolon's ratings could benefit from execution on planned
deleveraging, resulting in debt/tangible common equity approaching
the company's long-term gross debt to tangible common equity target
of 2.5x-3.0x, and execution on planned deleveraging at Bohai
Capital, resulting in reduced double leverage. The maintenance of a
strong separation framework, including adherence to limitations on
capital extraction and/or intercompany loans and the mandatory
redemption covenant, would also be viewed favorably.

A sustained increase in gross debt to tangible common equity above
4.0x, as a result of an increased risk appetite or asset
underperformance by Avolon's owners, may result in negative rating
momentum.

Additionally, a perceived weakening of the credit risk profiles of
Avolon's direct or indirect owners; higher-than-expected aircraft
repossession activity; sustained deterioration in financial
performance or operating cash flows; and/or material weakening of
liquidity relative to financing needs may result in negative
pressure on the ratings.

Avolon is headquartered in Ireland and is a wholly-owned indirect
subsidiary of the Chinese public company, Bohai Capital Holding
Co., Ltd. Avolon is the world's third largest aircraft leasing
business as of Dec. 31, 2017, with 908 owned, managed and committed
aircraft and total assets of $27.1 billion.

Fitch assigns the following ratings:

Avolon Holdings Funding Limited
-- Long-Term IDR 'BB'; Outlook Stable;
-- Senior unsecured notes 'BB(EXP)'.

Fitch currently rates the following:

Avolon Holdings Limited
-- Long-Term IDR 'BB'; Outlook Stable;
-- Senior secured debt 'BB+'.

Avolon TLB Borrower 1 (Luxembourg) S.a.r.l.
-- Long-Term IDR 'BB'; Outlook Stable;
-- Senior secured debt 'BB+'.

Avolon TLB Borrower 1 (US) LLC
-- Long-Term IDR 'BB'; Outlook Stable;
-- Senior secured debt 'BB+'.

CIT Aerospace International
-- Senior secured debt 'BB+'.

CIT Aerospace LLC
-- Senior secured debt 'BB+'.

CIT Aviation Finance III Limited
-- Senior secured debt 'BB+'.

CIT Group Finance (Ireland)
-- Senior secured debt 'BB+'.

Park Aerospace Holdings Limited
-- Long-Term IDR 'BB'; Outlook Stable;
-- Senior unsecured notes 'BB'.


AVOLON HOLDINGS: Moody's Rates New $500MM Sr. Unsecured Notes Ba3
-----------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to the proposed
$500 million senior unsecured notes due 2023 issued by Avolon
Holdings Funding Limited, a funding subsidiary of aircraft leasing
company Avolon Holdings Limited (Avolon). The outlook for the
rating is stable.

RATINGS RATIONALE

Moody's rated the senior notes based on the consolidated credit
profile of parent and guarantor Avolon (Ba2 stable), the notes'
relative priority and proportion in Avolon's capital structure, as
well as the strength of the notes' asset coverage. The terms of the
new notes reflect recent amendments to Avolon's bond indentures to
include a mandatory redemption covenant that limits related party
advances and shareholder distributions under certain circumstances
and a revised guarantee structure that results in senior notes
issued by Avolon's subsidiaries being pari passu. The company
intends to use the proceeds of the notes for general corporate
purposes, which may include debt repayment.

Avolon's ratings are supported by its increased franchise strength
after its acquisition of the aircraft leasing business of CIT Group
Inc. (CIT, Ba2 stable) in April 2017, as well as the high quality
fleet and new aircraft order book that Moody's expect will result
in solid future profitability. The ratings also reflect Avolon's
moderate leverage profile compared to peers, steps the company has
taken to strengthen liquidity, but continued high reliance on
secured financing. Avolon's credit profile is constrained by the
weakened credit positions of parent Bohai Capital Holding Co., Ltd.
(Bohai) and its controlling shareholder, the HNA Group (HNA),
relating to liquidity challenges and high debt levels.

Avolon's rating outlook is stable, reflecting Moody's expectations
that the company will capably manage its leverage and liquidity
levels, its aircraft leasing and remarketing risk, and generate
strong operating results.

Moody's could upgrade Avolon's ratings if the company 1) further
diversifies its funding to include additional unsecured sources,
with a strong liquidity buffer; 2) maintains solid profitability
and capital adequacy levels; 3) effectively manages the financing
and lease risks of its committed aircraft orders; and 4)
successfully manages operating and financial risks relating to
weaker parent Bohai.

Moody's could downgrade Avolon's ratings if the firm pursues
aggressive growth that results in significantly higher leverage,
its liquidity position weakens, profitability declines materially
below peers, or if credit deterioration at its parent negatively
affects Avolon's financial profile.


AVOLON HOLDINGS: S&P Affirms BB+ CCR & Rates New Unsec. Notes 'BB'
------------------------------------------------------------------
S&P Global Ratings affirmed its ratings on Avolon Holdings Ltd.,
including the 'BB+' corporate credit rating. The outlook is
stable.

S&P said, "At the same time, we assigned our 'BB' issue-level and
'5' recovery ratings to subsidiary Avolon Holdings Funding Ltd.'s
proposed $500 million unsecured notes due in 2023, proceeds of
which will be used for general corporate purposes, including debt
repayment. The recovery rating indicates our expectation for modest
recovery (10%-30%; rounded estimate: 15%) in a default scenario.

"Our rating affirmation on Avolon Holdings reflects our continued
assessment that it is an insulated subsidiary of Bohai Capital
Holding Co. Ltd., whose controlling shareholder is China-based HNA
Group, as well as the 'bb+' stand-alone credit profile (SACP) on
the company. Our credit assessment on Bohai is 'bb', and our credit
assessment on HNA Group is 'ccc+', based on its deteriorating
liquidity.

"The stable outlook reflects our expectation that Avolon's earnings
and cash flow will continue to benefit from strong demand for
aircraft leasing, with EBIT interest coverage in the high-1x area
and FFO to debt in the high–single-digit percent area through
2019.

"We could lower our rating on Avolon over the next year if we no
longer consider Avolon to be an insulated subsidiary of Bohai or we
no longer consider Bohai to be delinked from HNA. This could occur
if we believed HNA's financial problems were to affect Bohai's or
Avolon's access to the capital markets.

"We are unlikely to raise our rating under the current ownership
structure. If this were to be revised, we could raise ratings if
aircraft lease rates improve significantly from their current
levels due to stronger demand, causing its EBIT interest coverage
to increase to at least 2.4x and its FFO-to-debt ratio to increase
to at least 9% for a sustained period."


BAL HARBOUR: Receiver Proposes Special Litigation Counsel
---------------------------------------------------------
Drew M. Dillworth, the court appointed receiver of Bal Harbour
Quarzo, LLC, a/k/a Synergy Capital Group, LLC, a/k/a Synergy
Investments Group, LLC, seeks authority from the U.S. Bankruptcy
Court for the Southern District of Florida to employ Genovese
Joblove & Battista, P.A., as special litigation counsel to the
Receiver.

The Receiver requires Genovese Joblove to investigate and, if
appropriate in the discretion of the Receiver, pursue any and all
claims or causes of action of the estate, including, without
limitation, claims under chapter 5 of the Bankruptcy Code, director
and officer liability claims, professional liability claims, and
aiding and abetting claims, any insiders of the Debtor, any
pre-petition professionals of the Debtor, Mercantil Commercebank,
N.A. and its affiliates, Beach Haus Bal Harbour, LLC and its
affiliates, or any third party that relate to or arise out of (i)
the actions taken by the Debtor or those in concert with the Debtor
to borrow an amount equal to approximately $38 million from dozens
of lenders/investors, (ii) the financing transactions and transfers
between the Debtor and the Lender, (iii) the negotiation and sale
of the Debtor's real estate assets to the Purchaser, and (iv) the
representation of the Debtor by any pre-petition professional.

Genovese Joblove will be paid as follows:

   i.    For any Recovery that is realized generated, received,
         obtained or accrued to or for the benefit of the estate
         prior to the filing of a complaint in respect of any
         Litigation Claim – 25% of such gross Recovery.

   ii.   For any Recovery that is realized, generated, received,
         obtained or accrued to or for the benefit of the estate
         after the filing of a complaint and before the filing of
         an answer to the complaint in respect of any Litigation
         Claim – 30% of such gross Recovery.

   iii.  For any Recovery that is realized, generated, received,
         obtained or accrued to or for the benefit of the estate
         after the filing of an answer to the complaint in
         respect of any Litigation Claim – 35% of such gross
         Recovery.

   iv.   For any Recovery that is realized, generated, received,
         obtained or accrued to the benefit of the estate after
         the filing of a notice of appeal of any judgment
         obtained by the Receiver/estate in respect of any
         Litigation Claim – 40% of such gross Recovery.

Paul J. Battista, shareholder of Genovese Joblove & Battista, P.A.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Genovese Joblove can be reached at:

     Paul J. Battista, Esq.
     GENOVESE JOBLOVE & BATTISTA, P.A.
     200 East Broward Blvd., Suite 1110
     Fort Lauderdale, FL 33301
     Tel: (954) 453-8000

                About Bal Harbour Quarzo, LLC

Bal Harbour Quarzo, LLC, also known as Synergy Capital Group, LLC,
also known as Synergy Investments Group, LLC, is a Florida limited
liability company based in Miami operating in the hotels and motels
industry.

Based in Fort Lauderdale, Florida, Bal Harbour Quarzo, LLC, through
its receiver, filed a Chapter 11 petition (Bankr. S.D. Fla. Case
No. 18-11793) on Feb. 16, 2018.  In the petition signed by Drew M.
Dillworth, receiver appointed by Florida State Court, the Debtor is
estimated to have $10 million to $50 million in total assets and
$50 million to $100 million in total liabilities.  Judge Raymond B
Ray presides over the case.  Eric J Silver, Esq., at Stearns Weaver
Miller Weissler Alhadeff & Sitterson, P.A., is the Debtor's
counsel.  Genovese Joblove & Battista, P.A., is special counsel.



BLACKSMITH SQUARE: Hires Carrow Real as Real Estate Broker
----------------------------------------------------------
Blacksmith Square Partners LLC seeks authority from the U.S.
Bankruptcy Court for the Northern District of New York to employ
Carrow Real Estate Services, LLC, as real estate broker to the
Debtor.

Blacksmith Square requires Carrow Real to market and sell the
Debtor's real property located at 2458 Route 9, Malta, NY 12118.

Carrow Real will be paid a commission of 6% of the total purchase
price.

Tom Miller, associate real estate broker of Carrow Real Estate
Services, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Carrow Real can be reached at:

     Tom Miller
     CARROW REAL ESTATE SERVICES, LLC
     99 Pine Street, Suite 102
     Albany, NY 12207
     Tel: (518) 462-7491
     Fax: (518) 462-0412

                About Blacksmith Square Partners

Blacksmith Square owns in fee simple interest a parcel of
undeveloped commercial real estate measuring 5.34 acre located at
2458 Route 9 Malta, NY 12020, valued by the Company at $3 million.
It is also the fee simple owner of a .7 acre of undeveloped
commercial property located at 11 Blacksmith Dr Malta, NY 12020,
valued by the Company at $150,000. Blacksmith Square is equally
owned by Neil Swingruber and Bruce Schnitz.

Blacksmith Square Partners LLC, based in Malta, NY, filed a Chapter
11 petition (Bankr. N.D.N.Y. Case No. 17-11745) on Sept. 20, 2017.
In the petition signed by Neil S. Swingruber, Jr., member, the
Debtor disclosed $3.15 million in assets and $3.05 million in
liabilities.  Michael Leo Boyle, Esq., at Tully Rinckey P.L.L.C.,
serves as bankruptcy counsel to the Debtor.




BO EX VENTURES: March 29 Plan Confirmation Hearing
--------------------------------------------------
Judge Stacey G.C. Jernigan of the U.S. Bankruptcy Court for the
Northern District of Texas conditionally approved Bo Ex Ventures,
LLC's small business first amended disclosure statement with
respect to its first amended plan of reorganization.

March 26, 2018 is fixed as the last day for filing written
acceptances or rejections of the Plan.

March 29, 2018 at 9:30 a.m. CST is fixed for the hearing on final
approval of the Disclosure Statement and for the hearing on
confirmation of the Plan.

March 26, 2018 at 5 P.M. CST is fixed as the last day for filing
and serving written objections to the Disclosure Statement and
confirmation of the Plan.

Class 2 under the amended plan is the secured claim of The Vant
Group, Inc.  The terms of the secured loan of The Vant Group, Inc.
will be reinstated in full, without any default, as of the
Effective Date. The estimated Claims in this Class are $494,000.

All Unsecured Claimants within Class 5 shall obtain 100% recovery
as follows: (a) the terms of the prepetition, unsecured loan by
BBVA Compass Bank to the Debtor, in the amount of $44,068.62, will
be reinstated in full, with no default, as of the Effective Date;
(b) American Express Bank, FSB shall be issued an unsecured
promissory note by the Debtor, in the principal amount of
$30,929.54, that will mature within 90 days after the Effective
Date and bear 2.99% annual interest and be paid in equal monthly
installments; and (c) Grable Martin Fulton shall be issued an
unsecured promissory note by the Debtor, in the principal amount of
$108,734.83, that will bear 2.99% annual interest and be paid in
equal monthly installments of $3,000 until fully satisfied.

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

     http://bankrupt.com/misc/txnb17-34117-11-74.pdf

                      About Bo Ex Ventures

Formed in July 2009, Bo Ex Ventures, LLC, is in the business of
providing IT management solutions to clients throughout Dallas,
Houston and Austin, Texas.  While it maintains several locations,
the company is headquartered in Dallas, Texas.  It currently has 14
employees and an outside consultant.

Bo Ex Ventures sought Chapter 11 protection (Bankr. N.D. Tex. Case
No. 17-34117) on Nov. 3, 2017.  H. Joseph Acosta, Esq., at
FisherBroyles, LLP, is representing the Debtor.


BP CHANEY: Hires Northern Realty as Real Estate Broker
------------------------------------------------------
BP Chaney, LLC, and its debtor-affiliates seek authority from the
U.S. Bankruptcy Court for the Northern District of Texas to employ
Northern Realty Group, LLC, as real estate broker to the Debtors.

BP Chaney requires Northern Realty to market and sell the Debtors'
real property.

Northern Realty will be paid a commission of 6% of the purchase
price of the property.

Will Northern, partner of Northern Realty Group, LLC, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Northern Realty can be reached at:

     Will Northern
     NORTHERN REALTY GROUP, LLC
     1253 W. Magnolia Ave.
     Forth Worth, TX 76104
     Tel: (817) 920-0000

                      About BP Chaney, LLC

BP Chaney, LLC, is a small business debtor as defined in 11 U.S.C.
Section 101(51D).  It is affiliated with Texas RHH LLC, which filed
for bankruptcy protection (Bankr. N.D. Tex. Case No. 17-43385) on
August 21, 2017.

BP Chaney sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Texas Case No. 17-42793) on July 3, 2017.  The
petition was signed by Misty Brady, sole member who also filed
Chapter 11 petition (Bankr. N.D. Tex. Case No. 17-41120) on March
20, 2017.

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

Judge Mark X. Mullin presides over the case.

The Debtor hired The Mitchell Law Firm, LP as bankruptcy counsel;
Jackson, Lee, O'Neill, Smith & Barrow LLP as special counsel; and
Dunn & Dill CPAs, LLC as accountant.


BRION'S RESTAURANT: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Brion's Restaurant, LLC
          dba Brion's Grille
        10621 Braddock Rd.
        Fairfax, VA 22032-2200

Business Description: Located in the heart of Fairfax County,
                      Brion's Restaurant, LLC is a locally owned
                      and community-oriented restaurant serving
                      New American cuisine since 1989.  Brion's
                      Grille is open seven days a week for lunch,
                      dinner, and its famous Sunday brunch.  It
                      also offers catering from cocktail hour with
                      hors d'oeuvres to an elaborate five course
                      wedding meal served by waiters.  

                      http://www.brionsgrille.com/

Chapter 11 Petition Date: March 2, 2018

Court: United States Bankruptcy Court
       Eastern District of Virginia (Alexandria)

Case No.: 18-10733

Debtor's Counsel: Steven B. Ramsdell, Esq.
                  TYLER, BARTL & RAMSDELL, P.L.C.
                  300 N. Washington St., Suite 310
                  Alexandria, VA 22314
                  Tel: (703) 549-5000
                  Fax: (703) 549-5011
                  E-mail: sramsdell@tbrclaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Brion D. Sumser, member.

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/vaeb18-10733.pdf


C & D FRUIT: Hires Stichter Riedel as Counsel
---------------------------------------------
C & D Fruit and Vegetable Co., Inc., and is debtor-affiliates, seek
authority from the U.S. Bankruptcy Court for the Middle District of
Florida to employ Stichter Riedel Blain & Postler, P.A., as counsel
to the Debtor.

C & D Fruit requires Stichter Riedel to:

   a. render legal advice with respect to the Debtors' powers and
      duties as Debtors in possession, the continued operation of
      the Debtors' businesses, and the management of their
      properties;

   b. prepare on behalf of the Debtors necessary motions,
      applications, notices, orders, reports, pleadings, and
      other legal papers;

   c. appear before the Court and the Office of the U.S.
      Trustee to represent and protect the interests of the
      Debtors;

   d. assist with and participate in negotiations with creditors
      and other parties in interest in formulating a plan of
      reorganization, draft such a plan and a related disclosure
      statement, and take necessary legal steps to confirm such a
      plan;

   e. represent the Debtors in all adversary proceedings,
      contested matters, and matters involving the administration
      of the cases;

   f. represent the Debtors in negotiations with potential
      financing sources and prepare contracts, security
      instruments, or other documents necessary to obtain
      financing; and

   g. perform all other legal services that may be necessary for
      the proper preservation and administration of the Chapter
      11 cases.

Stichter Riedel will be paid at these hourly rates:

     Attorneys                    $350-$425
     Associates                   $210-$375
     Paralegals                   $125-$200

Stichter Riedel will be paid a retainer in the amount of $50,000.

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

Edward J. Peterson, partner of Stichter Riedel Blain & Postler,
P.A., assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtors and
their estates.

Stichter Riedel can be reached at:

     Edward J. Peterson, Esq.
     STICHTER RIEDEL BLAIN & POSTLER, P.A.
     110 East Madison Street, Suite 200
     Tampa, FL 33602-4700
     Tel: (813) 229-0144
     Fax: (813) 229-1811

                 About C & D Fruit and Vegetable

Based in Bradenton, Florida, C & D Fruit and Vegetable Co., Inc.,
and Trio Farms, L.L.C., grow, ship, and pack fresh fruits and
vegetables, including green beans, cucumbers, peppers, squash and
strawberries. The companies are family owned and ships under the
O'Brien Family Farm label. They ship throughout the United States
and Canada.

C & D Fruit and Vegetable Co. and Trio Farms sought Chapter 11
protection (Bankr. M.D. Fla. Case Nos. 18-00997 & 18-00998) on Feb,
9, 2018.  In the petition signed by Thomas M. O'Brien, president, C
& D Fruit estimated assets and debt between $1 million and $10
million.  Edward J. Peterson, Esq., and Amy Denton Harris, Esq., at
Stichter, Riedel, Blain & Postler, P.A., serve as the Debtors'
counsel.


CAMBER ENERGY: Will Effect 1-for-25 Reverse Stock Split
-------------------------------------------------------
Camber Energy, Inc., announced that the Board of Directors of the
Company has approved a 1-for-25 reverse split of its issued and
outstanding shares of common stock.  The 1-for-25 reverse stock
split will be effective pre-market open on March 5, 2018, in
connection with the filing of a Certificate of Amendment to
Camber's Certificate of Incorporation and Camber's common stock
will begin trading on a split-adjusted basis when the market opens
on March 5, 2018.

At Camber's 2018 Annual Meeting of Stockholders held on Jan. 9,
2018, Camber's stockholders granted authority to the Board of
Directors, in its sole discretion, to determine whether to proceed
with a reverse stock split and, if the Board of Directors so
determined, to select the reverse stock ratio, in a ratio of
between 1-10 and 1-50, and to file a Certificate of Amendment to
Camber's Certificate of Incorporation to effect the reverse stock
split at the ratio determined by the Board of Directors.

When the reverse stock split becomes effective, every 25 shares of
Camber's issued and outstanding common stock (and those shares held
in treasury) will automatically be converted into one share of
common stock.  No fractional shares will be issued if, as a result
of the reverse stock split, a stockholder would otherwise become
entitled to a fractional share.  Instead, each stockholder will
have such aggregate fractional holdings rounded up to the next
whole share.  The reverse stock split will not impact any
stockholder's percentage ownership of Camber or voting power,
except for minimal effects resulting from the treatment of
fractional shares.  Following the reverse stock split, the number
of outstanding shares of Camber's common stock will be reduced by a
factor of twenty-five.  The Certificate of Amendment to Camber's
Certificate of Incorporation will not decrease the number of
authorized shares of common stock.

Camber's shares of common stock will continue to trade on the NYSE
American under the symbol "CEI" but will trade under a new CUSIP.
The reverse stock split is intended to increase the market price
per share of Camber's common stock in order to comply with the NYSE
continued listing standards relating to minimum price per share.
The reverse stock split will not cure Camber's non-compliance with
the NYSE continued listing rules regarding minimum levels of
stockholders' equity as described in prior filings.

ClearTrust, LLC, Camber's transfer agent, will act as the exchange
agent for the reverse stock split.  Please contact ClearTrust, LLC
for further information at (813) 235-4490.

Additionally, the Company has recently become aware of certain
investor relations materials and other promotional activities
relating to the Company's securities which have been distributed
by, and undertaken by, third parties.  To the Company's knowledge,
these materials and activities have been paid for by unknown third
parties.  Camber said those material and activities are not
associated or affiliated with the Company or its officers or
directors and have not been approved, sanctioned or paid for by the
Company.

"We caution investors to review our most recent current reports
filed with the Securities and Exchange Commission, our official
press releases and our periodic filings (including the financial
statements and results of operations contained therein), before
making any investment in the Company.  We further caution investors
to not trust as accurate or complete any information, emails or
reports touting the Company or its securities, which have not been
authorized, approved or sanctioned by the Company.

"We also advise that these third party investor relations materials
and stock promotional activities could lead to an artificial spike
in the trading price of our common stock, could be associated with
third parties trying to artificially inflate the price and trading
volume of our common stock and could furthermore result in a sharp
and precipitous decline in the value of our common stock, once such
unauthorized stock promotional activities have ceased."

                      About Camber Energy

Camber Energy (NYSE American: CEI) -- http://www.camber.energy.com/
-- is an independent oil and natural gas company based in Houston,
Texas with a field office in Gonzales, Texas.  The Company is
engaged in the acquisition, development and sale of crude oil,
natural gas and natural gas liquids from various known productive
geological formations, including from the Hunton formation in
Lincoln, Logan and Payne Counties, in central Oklahoma; the Cline
shale and upper Wolfberry shale in Glasscock County, Texas; and
recently in connection with our entry into the Horizontal San
Andres play on the Central Basin Platform of the Permian Basin in
West Texas announced on Jan. 3, 2017.  Incorporated in Nevada in
December 2003 under the name Panorama Investments Corp., the
Company changed its name to Lucas Energy, Inc. effective June 9,
2006 and effective Jan. 4, 2017, the Company changed its name to
Camber Energy, Inc.

Camber reported a net loss of $89.12 million on $5.30 million of
total net operating revenues for the year ended March 31, 2017,
compared to a net loss of $25.44 million on $968,146 of total net
operating revenues for the year ended March 31, 2016.  As of Dec.
31, 2017, Camber Energy had $18.18 million in total assets, $41.80
million in total liabilities and a total stockholders' deficit of
$23.61 million.

GBH CPAs, PC -- http://www.gbhcpas.com/-- in Houston, Texas,
issued a "going concern" opinion in its report on the consolidated
financial statements for the year ended March 31, 2017, citing that
the Company has incurred significant losses from operations and had
a working capital deficit at March 31, 2017.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern, the auditors said.


COBALT INTERNATIONAL: Reports Net Loss of $968 Million in 2017
--------------------------------------------------------------
Cobalt International Energy, Inc., filed with the Securities and
Exchange Commission its annual report on Form 10-K reporting a net
loss of $968.25 million on $53.89 million of oil, natural gas and
natural gas liquids revenues for the year ended Dec. 31, 2017,
compared to a net loss of $2.34 billion on $16.80 million of oil,
natural gas and natural gas liquids revenues for the year ended
Dec. 31, 2016.

As of Dec. 31, 2017, Cobalt International had $1.59 billion in
total assets, $3.39 billion in total liabilities and a total
stockholders' deficit of $1.79 billion.

Cobalt said that operating during the Chapter 11 cases for a long
period of time may harm its business.

"A long period of operations during the Chapter 11 Cases could have
a material adverse effect on our business, financial condition,
results of operations and liquidity.  So long as our Chapter 11
Cases continue, our senior management will be required to spend a
significant amount of time and effort diligently pursuing the
Chapter 11 Cases instead of focusing exclusively on our business
operations.  A prolonged period of operating during the Chapter 11
Cases also may make it more difficult to retain management and
other key personnel necessary to the success of our business.  In
addition, the Chapter 11 Cases and our expressed intent to sell all
or substantially all of our assets makes it likely that our vendors
and suppliers will lose confidence in us and will seek to establish
alternative commercial relationships.

"Furthermore, so long as the Chapter 11 Cases continue, we will be
required to incur substantial costs for professional fees and other
expenses associated with the administration of the Chapter 11
Cases, and we cannot predict the ultimate amount of all recoveries
for the claims that will be subject to a chapter 11 plan.

"If we are unable to obtain confirmation of our chapter 11 plan on
a timely basis, because of a challenge to the plan, a failure to
obtain an order from the Bankruptcy Court confirming the plan, or a
failure to satisfy the conditions to the effectiveness of the plan,
we may be forced to operate in chapter 11 for an extended period of
time while trying to develop a different chapter 11 plan that can
be confirmed.  Protracted Chapter 11 Cases would increase both the
probability and the magnitude of the adverse effects described
above."

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

                    https://is.gd/7nOxYu

                   About Cobalt International

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

Cobalt International Energy, Inc., and five of its subsidiaries
filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 17-36709) on Dec.
14, 2017.  In the petitions signed by CFO David D. Powell, the
Debtors reported total assets of $1.69 billion and total debt of
$3.16 billion as of Sept. 30, 2017.

The Debtors tapped Zack A. Clement PLLC as local bankruptcy
counsel; Kirkland & Ellis LLP and Kirkland & Ellis International
LLP as general bankruptcy counsel; Houlihan Lokey Capital, Inc., as
financial advisor and investment banker; Ernst & Young LLP as
auditor; and Kurtzman Carson Consultants LLC as claims and noticing
agent.  Baker Botts LLP and Susman Godfrey LLP serve as special
litigation counsel.

An official committee of unsecured creditors was appointed in the
Debtors' cases.  Pachulski Stang Ziehl & Jones LLP serves lead
counsel to the Committee; Snow Spence Green LLP as local counsel;
and Conway MacKenzie, Inc., as financial advisor.


COGENT COMMUNICATIONS: Moody's Hikes Corporate Family Rating to B2
------------------------------------------------------------------
Moody's Investors Service upgraded the corporate family rating
(CFR) of Cogent Communications Group, Inc. to B2 from B3 and the
company's probability of default rating (PDR) to B2-PD from B3-PD.
Moody's expects continued strong internet traffic growth will
sustain Cogent's consistent operating performance, enabling the
company to maintain leverage (Moody's adjusted) below 5x. Cogent is
also benefiting from an effective and growing sales force. Despite
operating in a highly competitive industry, the company's price and
value proposition continues to keep churn low and successfully
attract new customers across its global footprint. Moody's expect
continued high, organic revenue growth for at least the next few
years. Cogent's senior secured notes were upgraded to Ba3 from B1
and its senior unsecured notes were upgraded to B3 from Caa1.
Moody's also affirmed the company's speculative grade liquidity
rating (SGL) of SGL-1, indicating a very good liquidity position,
largely supported by $247 million of balance sheet cash as of
December 31, 2017. The outlook is stable.

Upgrades:

Issuer: Cogent Communications Finance, Inc.

Senior Unsecured Regular Bond/Debenture, Upgraded to B3(LGD5) from
Caa1(LGD5)

Issuer: Cogent Communications Group, Inc.

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

Corporate Family Rating, Upgraded to B2 from B3

Senior Secured Regular Bond/Debenture, Upgraded to Ba3(LGD2) from
B1(LGD2)

Outlook Actions:

Issuer: Cogent Communications Group, Inc.

Outlook, Changed To Stable From Positive

Affirmations:

Issuer: Cogent Communications Group, Inc.

Speculative Grade Liquidity Rating, Affirmed SGL-1

RATINGS RATIONALE

Cogent's B2 CFR is supported by a strong liquidity profile and
Moody's expectation for low double-digit revenue growth and modest
margin expansion. Moody's forecasts Cogent will continue its strong
growth due to robust internet traffic growth, its expanding and
diversified customer base, and a productive and growing sales
force. The company's low cost structure and targeted sales approach
make it a strong, nimble competitor against much larger companies,
including many which operate with heterogeneous networks with high
legacy cost structures. The rating is constrained by limited free
cash flow as a result of increasing shareholder returns, moderately
high leverage, small scale and a highly competitive environment.

The ratings for the debt instruments reflect both the overall
probability of default of Cogent, to which Moody's assigns a PDR of
B2-PD, and the loss given default (LGD) assessments of individual
debt instruments. Cogent's $375 million senior secured notes due
2022 are rated Ba3 (LGD2), two notches above the CFR to reflect
their senior position in the capital structure. The senior secured
notes are guaranteed by Cogent's domestic subsidiaries and secured
by a pledge of stock of 100% of Cogent's US subsidiaries and 65% of
the Company's non-U.S. subsidiaries. Cogent's $189 million of
senior unsecured notes due 2021 are rated B3 (LGD5), reflecting
their junior position to the 2022 notes. The 2021 notes were issued
by Cogent Communications Finance, Inc. (Cogent Finance), which was
subsequently merged with Cogent; Cogent assumed the obligations of
Cogent Finance under the 2021 Notes.

The stable outlook is based on Moody's view that while the
company's earnings and cash flows will continue to grow,
shareholder returns -- in the form of dividends and share buybacks
-- will increase in tandem. Moody's expects the company will
maintain sufficient liquidity while debt levels remain relatively
constant. Cogent's low cost structure and niche sales approach, in
conjunction with its aggressive shareholder return policy, will
prevent the company from generating meaningful positive free cash
flow for the near future.

Moody's could upgrade Cogent's ratings if leverage is sustained
below 4x (Moody's adjusted) and free cash flow is positive. Moody's
could downgrade Cogent's ratings if leverage is sustained above 5x
(Moody's adjusted) and if liquidity weakens or fails to improve,
especially without a revolving credit facility as a stopgap.

METHODOLOGY

The principal methodology used in these ratings was Communications
Infrastructure Industry published in September 2017.



CONTINENTAL RESOURCES: Moody's Hikes CFR to Ba2; Outlook Positive
-----------------------------------------------------------------
Moody's Investors Service has upgraded corporate family and
probability of default ratings of Continental Resources, Inc. to
Ba2/Ba2-PD from Ba3/Ba3-PD and ratings on the company's senior
unsecured notes to Ba2 (LGD 4) from Ba3(LGD 4). At the same time,
Moody's upgraded the company's Speculative Grade Liquidity (SGL)
rating to SGL-1 from SGL-2. The outlook on the ratings is
positive.

"The upgrade of Continental's ratings recognizes the improved
operating resilience of the business. Lower operating costs and
improved well execution should allow the company to maintain
production and remain free cash flow neutral even in a $40/bbl oil
price environment. Moody's expects Continental to strongly execute
on its growth plan, generate solid free cash flow and accelerate
repayment of debt in 2018, raising the resilience of its financial
profile," commented Elena Nadtotchi, Moody's Vice President -
Senior Credit Officer.

Upgrades:

Issuer: Continental Resources, Inc.

-- Probability of Default Rating, Upgraded to Ba2-PD from Ba3-PD

-- Speculative Grade Liquidity Rating, Upgraded to SGL-1 from
    SGL-2

-- Corporate Family Rating, Upgraded to Ba2 from Ba3

-- Senior Unsecured Notes, Upgraded to Ba2 (LGD4) from Ba3 (LGD4)

Outlook Actions:

Issuer: Continental Resources, Inc.

-- Outlook, Remains Positive

RATINGS RATIONALE

The upgrade of the corporate family rating to Ba2 recognizes the
improved operating profile of the company, with larger size of
production and developed reserves and better operating efficiency.
In 2018, Continental targets a steep 17%-24% annual production
growth and Moody's expect that it will be able to fund the
accelerated growth within the operating cash flows.

The Ba2 rating is constrained by high level of debt accumulated by
the company over 2010-2015 when it was building out its asset base.
Continental aims to cut debt to $6 billion in the near term, and to
$5 billion in the medium term. Assuming $50/bbl average oil price
and no dividends, Moody's expects the company to generate strong
FCF in 2018-2019 and use it to reduce debt. Moody's expects the
company to improve its RCF/debt coverage to 40% in 2018 from 32% in
2017 and debt/production to below $20,000/boe compared to
$26,400/boe at the end of 2017.

The positive outlook reflects stronger execution on drilling and
completion, that should drive profitable growth. The positive
outlook anticipates that the company will reduce balance sheet debt
in 2018-2019.

The Ba2 ratings could be upgraded should the company reduce debt to
below $6 billion and reduce its debt/production towards
$18,000/boe. The upgrade to Ba1 would require Continental to
sustain its leveraged full-cycle ratio (LFCR) in excess of 1.5x
while funding capital spending through the cash flow. The company's
ratings could be downgraded should retained cash flow to debt fall
towards 25% or the LFCR decline below 1.5x on a sustained basis.
Shareholder friendly actions may also put negative pressure on the
Ba2 ratings.

Continental's very good liquidity position is underpinned by its
resilient FCF generation and is reflected in SGL-1 Speculative
Grade Liquidity Rating. Continental has a $2.75 billion unsecured
credit facility that matures in May 2019. The company had
approximately $188 million drawn on its revolver at the end of 2017
and expects to repay the outstanding amounts from operating cash
flows in 2018. The credit facility requires maintenance of a 65%
net debt to capitalization ratio. Moody's do not believe the
covenant will limit the company's ability to access its unused
availability.

Continental has significant secondary liquidity as well, if needed,
in terms of potential asset monetization since it has significant
proved reserves with $11.8 billion PV-10 value. Continental's next
significant maturity is in 2022 when it will need to refinance $2
billion in senior unsecured notes.

Continental's senior notes are unsecured and are rated Ba2, the
same as the CFR. The company's revolving credit facility and term
loan are also unsecured and rank pari passu with the senior notes.

Continental Resources, Inc. (Continental) is an independent oil and
natural gas exploration and production (E&P) company, and holds
prominent position in the core of two major oil producing plays in
the US. Its operations are geographically concentrated in the
Bakken Shale play (in North Dakota and Montana) and in the Woodford
play in Oklahoma -- the South Central Oklahoma Oil Province (SCOOP)
and Northwest Cana areas. It also has meaningful acreage in the
STACK play.


COPSYNC INC: Reaches Deal with Kologik on $600K Claim Transfer
--------------------------------------------------------------
BankruptcyData.com reported that COPSync Inc. filed with the U.S.
Bankruptcy Court a motion approving the settlement and compromise
between the Debtor, on the one hand, and Kologik Capital, LLC, on
the other.  The motion explains, "After extensive and detailed
discussions and negotiations between the Parties and their
professionals, the Parties arrived at this mutually beneficial
agreement.  As a result, the sale was able to proceed without
impediment.  The terms of the agreement, read into the record at
the November 20, 2017 sale hearing, were that: (a) Making Sense
would sell its claim (Claim No. 39, as amended) to Kologik in
return for an equity interest in TAL, redeemable in the sum of
$600,000.00, (b) Making Sense would withdraw the Objection, (c) the
Debtor would transfer back to TAL two (2) percent of the ten (10)
percent of TAL's equity interests being transferred to the Debtor
through the Asset Purchase Agreement, and (d) Proof of Claim No.
39, filed by Making Sense LLC on November 8, 2017, and assigned to
Kologik on February 27, 2018 [P-169], as amended, is allowed as an
unsecured claim in the amount of $600,000.00 (collectively, the
'Compromise')." The Court scheduled an April 4, 2018 hearing on the
motion.

                       About COPsync

COPsync, Inc. was created in 2005 as a "software for a service" or
"SaaS" platform for law enforcement to share real-time information
amongst counties, agencies, and departments.  It was created in
response to the 2000 death of one of COPsync's co-founders'
colleagues and friends, Texas Department of Public Safety Trooper
Randy Vetter, who was killed making what he believed to be a
routine traffic stop for a seatbelt violation.  The Company's
products include nationally shared network of law enforcement
information COPsync Network, software-driven in-car HD video system
Vidtac, real-time threat alert system COPsync911, and court
buildings security provider COURTsync.

COPsync completed a $10.6 million equity financing capital raise in
November 2015 and became listed on the Nasdaq Capital Market
exchange (COYN).

COPsync, Inc., filed a voluntary petition for relief under chapter
11 of the Bankruptcy Code (Bankr. E.D. La. Case No. 17-12625) on
Sept. 29, 2017.  The Debtor estimated $1 million to $10 million in
both assets and liabilities.

The Debtor tapped John M. Duck, Esq., Robin B. Cheatham, Esq.,
Victoria P. White, Esq., and Scott R. Cheatham, Esq., at Adams and
Reese LLP, as counsel.  Jones Walker, LLP, serves as special
counsel.  Alliance Overnight Document Service, LLC, is the Debtor's
noticing agent.


DAILY GAZETTE: Trustee Unable to Appoint Committee
--------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Daily Gazette Company, as of March 1,
according to a court docket.

                  About Daily Gazette Company

Headquartered in Charleston, West Virginia, Daily Gazette Company
and its affiliates operate privately owned information and
entertainment businesses consisting of the flagship newspaper, The
Charleston Gazette-Mail, as well as a related website, weekly
publications, a saturation mail product and the following
verticals:

   http://www.wvcarfinder.com/
   http://www.wvrealestatefinder.com/
   http://www.wvjobfinder.com/
   http://www.gazettemailclassifieds.com/    

Daily Gazette Company and certain of its affiliates sought for
bankruptcy protection under Chapter 11 (Bankr. S.D. W.Va. Lead Case
No. 18-20028) on Jan. 30, 2018.  In the petition signed by Norman
W. Shumate III, authorized signatory, Daily Gazette Company
estimated assets of $1 million to $10 million and liabilities of
$10 million to $50 million.

Affiliates that simultaneously filed Chapter 11 petitions:

    Debtor                                      Case No.
    ------                                      --------
    Daily Gazette Company                       18-20028
    Daily Gazette Holding Company, LLC          18-20029
    Charleston Newspapers Holdings, L.P.        18-20030
    Daily Gazette Publishing Company, LLC       18-20032
    Charleston Newspapers                       18-20033
    G-M Properties, Inc.                        18-20034

Judge Frank W. Volk is the case judge.

The Debtors tapped Perkins Coie LLP, as lead counsel, and Supple
Law Office, PLLC, as co-counsel.  The Debtors hired Phil Murray and
Dirks, Van Essen & Murray as consultant and broker.


DANIEL EKE: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Daniel Eke and Associates, P.C., as of March
1, according to a court docket.

                  About Daniel Eke and Associates
  
Daniel Eke and Associates, P.C. (DE&A) is a minority-owned,
Certified Public Accounting firm.  Since 1991, DE&A has serviced
the needs of federal and state government agencies, small and
medium-size companies and non-profit organizations.

Based in Silver Spring, Maryland, Daniel Eke and Associates filed a
Chapter 11 petition (Bankr. D. Md. Case No. 18-11192) on Jan. 29,
2018, estimating under $1 million both in assets and liabilities.
Steven L. Goldberg, Esq., and James M. Greenan, Esq. at McNamee,
Hosea, Jernigan, Kim, Greenan & Lynch, P.A., serve as the Debtor's
counsel.


DOCASA INC: Changes Fiscal Year End to Dec. 31
----------------------------------------------
The Board of Directors of DOCASA Inc. has determined to change the
Company's fiscal year end to December 31st from August 31st.  The
Company believes this change will benefit the Company by aligning
its reporting periods to be more consistent with peer coffee
companies.  A Quarterly Report on Form 10-Q for the transition
period Sept. 1, 2017 through Dec. 31, 2017 will be filed.

                         About DOCASA

DOCASA, Inc. is focused on the investment in a rapidly growing
specialty coffee market principally in the United Kingdom.  Through
its subsidiary, Department of Coffee and Social Affairs Limited,
headquartered in London, England, it has established and is growing
a UK specialty coffee shop and online retail business.  DOCASA is
also pursuing the franchising and/or licensing of its branded shops
and premium product offering outside of the UK to countries where
the premium coffee market is rapidly expanding.  DOCASA continues
to review opportunities in the broader international coffee market.
DOCASA was incorporated in the State of Nevada on July 22, 2014,
under the name of FWF Holdings, Inc.  The Company changed its name
on Aug. 4, 2016.

Green & Company CPAs, Inc., in Temple Terrace, Florida, issued a
"going concern" qualification in its report on the consolidated
financial statements for the year ended Aug. 31, 2017.  The
independent auditors said that the Company reported a net loss of
$1,425,846 in 2017, and used cash for operating activities of
$731,424.  At Aug. 31, 2017, the Company had a working capital
deficit, shareholders' equity and accumulated deficit of $770,349,
$461,970 and $2,766,367, respectively.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern.

As of Nov. 30, 2017, DOCASA had $5.48 million in total assets,
$3.24 million in total liabilities and $2.23 million in total
shareholders' equity.


ENUMERAL BIOMEDICAL: Creditors May Get Nothing Under Exit Plan
--------------------------------------------------------------
Creditors of Enumeral Biomedical Holdings, Inc. and its affiliates
may not receive any payment for their claims if the companies do
not resolve their dispute with noteholders who assert approximately
$1.69 million in claims.

Holders of convertible notes issued by EBHI in May last year claim
that they are owed as much as $1.69 million and that the notes are
secured by a lien on the proceeds from the sale of the companies'
assets.

The companies are open to discussions with the noteholders
concerning resolution of the claims.  Absent such resolution, the
companies intend to file a complaint against the noteholders.  If
the noteholders prevail in the dispute, however, no funds will be
available for distribution to other creditors, according to the
companies' disclosure statement, which explains their proposed
Chapter 11 plan.

The plan provides that, subject to paying the expenses of the
companies' Chapter 11 cases as determined by the court, all funds
of the companies will be paid to their creditors.  These funds are
almost entirely attributable to the sale proceeds.

The plan places general unsecured claims in Class 3.  The range of
possible distributions on account of these claims could vary from
zero to 100 percent.  The available percentage is largely dependent
on the outcome of the noteholder litigation.  

On their schedules, the companies listed $752,400.59 in general
unsecured claims that are not contingent, unliquidated or
disputed.

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

            http://bankrupt.com/misc/mab18-10280-51.pdf

                  About Enumeral Biomedical

Headquartered in Cambridge, Massachusetts, Enumeral Biomedical
Holdings, Inc., formerly doing business as Cerulean Group, Inc. --
http://www.enumeral.com/-- is a biopharmaceutical company focused
on discovering and developing novel antibody immunotherapies that
help the immune system fight cancer and other diseases.  The
Company utilizes a proprietary platform technology that facilitates
the rapid high resolution measurement of immune cell function
within small tissue biopsy samples. Its initial focus is on the
development of a pipeline of next generation monoclonal antibody
drugs targeting established and novel immuno-modulatory receptors.

Enumeral Biomedical Holdings, Inc., Enumeral Biomedical Corp., and
Enumeral Securities Corporation sought for Chapter 11 protection
(Bankr. D. Mass. Case Nos. 18-10280 to 18-10282) on Jan. 29, 2018.
Kevin G. Sarney, interim president and CEO, signed the petitions.

Judge Frank J. Bailey is the case judge for Case Nos. 18-10280 and
18-10281, and Judge Joan N. Feeney is assigned to Case No.
18-10282.
               
At the time of filing, Enumeral Biomedical Holdings disclosed $1.6
million in assets and $2.54 million in debt.

Daniel C. Cohn, Esq. and Jonathan Horne, Esq., of Murtha Cullina
LLP, serve as the Debtors' counsel.


ENVIRO BUILDERS: April 4 Plan Confirmation Hearing
--------------------------------------------------
Judge James P. Smith of the U.S. Bankruptcy Court for the Middle
District of Georgia conditionally approved Enviro Builders, LLC's
small business disclosure statement with respect to a chapter 11
plan filed on Feb. 21, 2018.

April 2, 2018 is fixed as the last day for filing written
acceptances or rejections of the plan, and the last day for filing
and serving written objections to the disclosure statement and
confirmation of the plan.

April 4, 2018 at 11:00 A.M. at U.S. Bankruptcy Court, Courtroom A,
433 Cherry Street, Macon, Georgia is fixed for the hearing on final
approval of the disclosure statement and for the hearing on
confirmation of the plan.

                   About Enviro Builders LLC

Enviro Builders, LLC is a building contractor whose principal
assets are located at 345 Airport Road, Montezuma, Georgia.

Based in Elko, Georgia, Enviro Builders sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Ga. Case No.
17-50883) on April 26, 2017.  Wendell J. Kersey, Sr., managing
member, signed the petition.  

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

The Debtor previously filed for bankruptcy protection on (Bank.
M.D. Ga. Case No. 14-52558) on Oct. 24, 2014.


FINJAN HOLDINGS: Settles with Symantec for $65 Million
------------------------------------------------------
Finjan Holdings, Inc. and its subsidiary, Finjan, Inc., and
Symantec Corporation and its subsidiary, Blue Coat Systems,
announce they entered into a Confidential Definitive Agreement on
Feb. 28, 2018, whereby the companies resolved all pending
disputes.

As part of the settlement, the Symantec Parties will obtain a
license to, among others, the Finjan patents and pay the Finjan
Parties $65.0 million in cash within 20 days of the Effective Date
of the License and Settlement Agreement.  Further, upon acquisition
by Symantec of certain entities within four years from the
Effective Date, the Symantec Parties will pay additional license
fees of up to $45.0 million to the Finjan Parties, unless otherwise
mutually agreed to by the Company and Symantec.  The remaining
terms of the License and Settlement Agreement are confidential.

                         About Finjan

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

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

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


FSA INC: Hires Lamey Law Firm as Counsel
----------------------------------------
FSA, Inc., d/b/a The Unofficial Dive Bar & Grill, seeks authority
from the U.S. Bankruptcy Court for the District of Minnesota to
employ Lamey Law Firm, P.A., as counsel to the Debtor.

FSA, Inc. requires Lamey Law Firm to:

   a. provide analysis of the Debtor's business and its financial
      condition, planned use of cash collateral, payment of wages
      to employees;

   b. provide legal advice to determine whether filing a
      voluntary bankruptcy petition is potentially beneficial to
      the Debtor;

   c. prepare and file the petition for relief, statement of
      financial affairs, first day motions, and other documents
      required by the Bankruptcy Court; and

   d. represent the Debtor in connection with any hearings,
      adversary proceedings, or meetings of creditors, and file
      a plan of reorganization for the Debtor's business.

Lamey Law Firm will be paid at these hourly rates:

     Attorneys            $300
     Associates           $150
     Paralegals           $100

Prior to the Filing Date, T&C Restaurant Concepts paid a $6,000
pre-petition retainer to Lamey Law Firm, which included the court
filing fee of $1,717 and the Capital Lien adverse filing of
$592.20, to pay for pre-petition services of the Debtor with any
remainder to be held in trust for post-petition services, subject
to disbursement. The amount of $690.80 was transferred from Lamey
Law Firm's trust account to its operating account on February 20,
2018 for pre-petition services.

Lamey Law Firm will also be reimbursed for reasonable out-of-pocket
expenses incurred.

John D. Lamey III, partner at Lamey Law Firm, P.A., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Lamey Law Firm can be reached at:

     John D. Lamey III, Esq.
     LAMEY LAW FIRM, P.A.
     980 Inwood Avenue North
     Oakdale, MN 55128
     Tel: (651) 209-3550
     E-mail: jlamey@lameylaw.com

                        About FSA, Inc.

FSA, Inc., filed a Chapter 11 bankruptcy petition (Bankr. D. Minn.
Case No. Case 18-30465) on Feb. 20, 2018.  The Debtor hired John D.
Lamey III, Esq., at Lamey Law Firm, P.A., as counsel.


GENERAL NUTRITION: Moody's Hikes Corporate Family Rating to B3
--------------------------------------------------------------
Moody's Investors Service upgraded General Nutrition Center's
Inc.'s (GNC) Corporate Family Rating (CFR) from Caa1 to B3 and
assigned definitive ratings to the senior secured term loan due
2021 and the ABL FILO Term Loan due 2022. The definitive ratings
replace the provisional ratings assigned on February 14, 2018. The
outlook was changed to stable. Moody's also affirmed the B3 rating
on GNC's senior secured term loan due 2019. The $300 million senior
secured revolving credit facility due 2018 was withdrawn due to the
termination of the facility. Its SGL-4 rating was upgraded to an
SGL-2.

Upgrades:

Issuer: General Nutrition Centers, Inc.

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

-- Speculative Grade Liquidity Rating, Upgraded to SGL-2 from
    SGL-4

-- Corporate Family Rating, Upgraded to B3 from Caa1

Assignments:

Issuer: General Nutrition Centers, Inc.

-- Senior Secured Term Loan, Assigned B3(LGD4)

-- Senior Secured ABL FILO Term Loan, Assigned Ba3(LGD2)

Outlook Actions:

Issuer: General Nutrition Centers, Inc.

-- Outlook, Changed To Stable From Rating Under Review

Affirmations:

Issuer: General Nutrition Centers, Inc.

-- Senior Secured Term Loan, Affirmed B3(LGD4 from LGD3)

Withdrawals:

Issuer: General Nutrition Centers, Inc.

-- Senior Secured Revolving Credit Facility, previously rated
    B3(LGD3)

"GNC's successful refinancing has addressed its near term
maturities and improved liquidity as it continues to work to
stabilize its operating income as it executes its business
realignment", says Moody's Vice President, Christina Boni. Moody's
anticipates that GNC can continue to generate an estimated $100
million in free cash flow annually post the transaction to further
reduce debt and that liquidity will be further enhanced by the
anticipated preferred equity investment by Harbin Pharmaceuticals
Group ("Harbin").

RATINGS RATIONALE

GNC's B3 rating is supported by the company's well-known brand name
in its target markets along with Moody's favorable view of the
vitamin, mineral, and nutritional supplement ("VMS") category due
to favorable demographic trends in the United States. GNC has been
realigning its pricing and promotional cadence to improve its
customer traffic. Credit metrics have been under pressure but are
expected to improve as the company continues its turnaround and
receives net proceeds from a $300 million preferred equity
investment from Harbin.

Other key credit concerns include GNC's sizable concentration in
sports nutrition, which is a much more limited product segment with
a relatively smaller target market than the VMS product category.
Also considered is the potential risk arising from adverse
publicity and product liability claims with regard to certain
products sold by GNC, particularly diet products and herbs, two
faddish product categories that are more exposed to such risks and
earnings volatility.

The stable outlook incorporates Moody's view that operating
performance should stabilize albeit at a lower profitability level
as a result of its initiatives to improve its market positioning.
Moody's outlook also reflects the expectation that the net proceeds
from the Harbin preferred equity investment will be realized and
used to repay debt.

GNC's ratings could be upgraded over time if the company
demonstrates consistent stable to improving same store sales while
maintaining RCF to net debt at or above the mid-teens. An upgrade
would require that GNC to address all existing debt obligations
that mature prior to the maturity of its extended term loan and
debt/EBITDA sustained below 4.5x.

Ratings could be downgraded if the company were to see a material
decline in sales trends or operating margins, either through a
weakening competitive profile or material product-related risks.
Ratings could also be lowered if liquidity were to materially erode
or if the Harbin preferred equity investment is not completed.
Quantitatively, a ratings downgrade could occur if it appears that
debt/EBITDA will be sustained above 5.5x

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

General Nutrition Centers, Inc., headquartered in Pittsburgh, PA,
is a diversified, multi-channel business model which generates
revenue from product sales through company-owned retail stores,
domestic and international franchise activities, third-party
contract manufacturing, e-commerce and corporate partnerships. As
of December 31, 2017, GNC had more than 9,000 locations, of which
more than 6,700 retail locations are in the United States
(including approximately 2,400 Rite Aid franchise
store-within-a-store locations) and franchise operations in
approximately 50 countries.


GOLD AND GREEN: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Gold and Green Landscaping Corp.
        PO Box 945
        Port Chester, NY 10573-0945

Business Description: Gold and Green Landscaping Corp., based in
                      Port Chester, New York, provides
                      architectural, engineering, and related
                      services.  Its principal place of business
                      is located at 12 Bulkley Ave Port Chester,
                      NY 10573-3902.  The Company is a small
                      business Debtor as defined in 11 U.S.C.
                      Section 101(51D).

Chapter 11 Petition Date: March 2, 2018

Case No.: 18-22349

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

Judge: Hon. Robert D. Drain

Debtor's Counsel: Bruce H. Bronson, Jr., Esq.
                  BRONSON LAW OFFICES, P.C.
                  480 Mamaroneck Avenue
                  Harrison, NY 10528-0023
                  Tel: 877-385-7793
                  Fax: 888-908-6906
                  E-mail: ecf@bronsonlaw.net
                          hbbronson@bronsonlaw.net

Estimated Assets: $50,000 to $100,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Marta Alvarez, 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/nysb18-22349.pdf


GOODWILL INDUSTRIES: Hires FTI Consulting as Financial Advisor
--------------------------------------------------------------
Goodwill Industries of Southern Nevada, Inc., seeks authority from
the U.S. Bankruptcy Court for the District of Nevada to employ FTI
Consulting, Inc., as financial advisor to the Debtor.

Goodwill Industries requires FTI Consulting to:

   a. assist regarding the present level of operations and
      identification of areas of potential cost savings,
      including overhead and operating expense reductions and
      efficiency improvements;

   b. assist in the preparation of financial information for
      distribution to creditors and others, including, but not
      limited to, cash flow projections and budgets, cash
      receipts and disbursement analysis, analysis of various
      asset and liability accounts, and analysis of proposed
      transactions for which Court approval is sought;

   c. attend at meetings and assistance in discussions with
      vendors, banks and other secured lenders, any official
      committee if appointed in this chapter 11 case, the U.S.
      Trustee, other parties in interest and professionals hired
      by the same, as requested;

   d. assist and advice to the Debtor with respect to the
      identification of core business assets and the disposition
      of assets or liquidation of unprofitable
      operations/locations;

   e. assist with the identification of executory contracts and
      leases and performance of cost/benefit evaluations with
      respect to the affirmation or rejection of each;

   f. assist to the Debtor with information and analyses needed
      regarding the use of cash collateral, including, but not
      limited to, preparation for hearings regarding the use of
      cash collateral and related budgeting;

   g. assist in the preparation of information and analysis
      necessary for the confirmation of a plan in these chapter
      11 proceedings;

   h. litigate advisory services with respect to accounting and
      tax matters, along with expert witness testimony on case
      related issues as required by the Debtor; and

   i. render such other general business consulting or such other
      assistance as Debtor's management or counsel may deem
      necessary that are consistent with the role of a financial
      advisor and not duplicative of services provided by other
      professionals in the proceeding.

FTI Consulting will be paid at these hourly rates:

     Senior Managing Directors                         $725 to
$995
     Directors/Senior Directors/Managing Directors     $615 to
$815
     Consultants/Senior Consultants                    $325 to
$595
     Administrative/Paraprofessionals                  $130 to
$260

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

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

FTI Consulting can be reached at:

     Michael Tucker
     FTI CONSULTING, INC.
     Three Times Square, 9th Floor
     New York, NY 10036
     Tel: (212) 247-1010
     Fax: (212) 841-9350

                 About Goodwill Industries of
                      Southern Nevada, Inc.

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

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

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

Judge Bruce T. Beeley presides over the case.

Zachariah Larson, Esq., at Larson & Zirzow, LLC, serves as the
Debtor's bankruptcy counsel. The Debtor hired Kamer Zucker Abbott;
and Greenberg Traurig, LLP, as special counsels; Piercy Bowler
Taylor & Kern Certified Public Accountants & Business Advisors as
accountant and auditor; FTI Consulting, Inc., as financial advisor.


GOODWILL INDUSTRIES: Hires Greenberg Traurig as Special Counsel
---------------------------------------------------------------
Goodwill Industries of Southern Nevada, Inc., seeks authority from
the U.S. Bankruptcy Court for the District of Nevada to employ
Greenberg Traurig, LLP, as special counsel to the Debtor.

Goodwill Industries requires Greenberg Traurig to provide legal
services in connection with the Debtor's renegotiation and
restructuring of its Bonds with the Indenture Trustee.

The Bonds were issued pursuant to a Trust Indenture (the
"Indenture"), dated as of December 1, 2015, by and among the Public
Finance Authority, a joint powers commission under the laws of the
State of Wisconsin (the "Authority"), U.S. Bank National
Association, as trustee (the "Trustee"), and the Debtor, as
borrower. The Bonds are limited obligations of the Authority, and
secured by the Trust Estate (as defined in the Indenture), as
pledged to the Authority, and certain other rights, title, and
interest pledged by the Debtor to the Trustee.

Greenberg Traurig will be paid at these hourly rates:

     Attorneys               $525 to $750
     Paralegals                 $250

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

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

Greenberg Traurig can be reached at:

     Jim Mace, Esq.
     GREENBERG TRAURIG, LLP
     200 Park Avenue
     New York, NY 10166
     Tel: (212) 801-9200
     Fax: (212) 801-6400

                About Goodwill Industries of
                     Southern Nevada, Inc.

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

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

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

Judge Bruce T. Beeley presides over the case.

Zachariah Larson, Esq., at Larson & Zirzow, LLC, serves as the
Debtor's bankruptcy counsel. The Debtor hired Kamer Zucker Abbott;
and Greenberg Traurig, LLP, as special counsels; Piercy Bowler
Taylor & Kern Certified Public Accountants & Business Advisors as
accountant and auditor; FTI Consulting, Inc., as financial advisor.


GREEN TERRACE: Hires Genovese Joblove as Bankruptcy Counsel
-----------------------------------------------------------
Green Terrace Condominium Association, Inc., seeks authority from
the U.S. Bankruptcy Court for the Southern District of Florida to
employ Genovese Joblove & Battista, P.A., as bankruptcy counsel to
the Debtor solely for the period from Sept. 18, 2017 through Oct.
4, 2017.

Prior to the Petition Date, the Debtor's state court receiver,
Kolman Kenigsberg, removed the Debtor's previous board of directors
and appointed new members to the board (the "Receiver's Board").

By Order dated August 16, 2017, the Debtor, through the Receiver's
Board, retained Eric Rosen, Esq. and Fowler White Burnett, P.A. as
its counsel. By written notice dated August 22, 2017, a majority of
the voting interests in the Debtor recalled the Receiver's Board.

Pursuant to Florida Statutes, the Receiver's Board was deemed
recalled, and a new board consisting of Raymond Benel, Sandra
Matus, Tiara Bumgardner and Yolanda Samuels was appointed (the
"Replacement Board").

On September 19, 2017, the Debtor, through the Replacement Board,
served a notice of termination of Fowler White's engagement.

On September 20, 2017, Genovese Joblove filed its Expedited
Application to Employ Glenn D. Moses and the Law Firm of Genovese
Joblove & Battista as Debtor's Counsel on an Interim and Final
Basis ("Initial Retention Application").

Certain of the parties to this case disputed the validity of the
Replacement Board, whose intention it was to employ GJB as its
counsel. Conversely, certain of the parties disputed the validity
of the Receiver's Board. The issue of which of the Debtor's Board
of Directors was in control of the Association was presented to the
State of Florida, Department of Business and Professional
Regulation Division of Florida Condominiums, Timeshares and Mobile
Homes for resolution (the "Recall Appeal").

The dispute as to who controlled and/or spoke for the Debtor was
certainly one of the reasons the Bankruptcy Court determined that a
chapter 11 trustee should be appointed. On October 4, 2017, the
Court entered an Order directing the appointment of a chapter 11
trustee. Robert Furr was thereafter appointed as the Debtor's
chapter 11 trustee.

On February 8, 2018, the Court entered an Order Dismissing Case
with Prejudice (the "Dismissal Order"). The Dismissal Order
requires chapter 11 professionals to file final fee applications by
February 28, 2018.

On February 15, 2018, the State of Florida, Department of Business
and Professional Regulation Division of Florida Condominiums,
Timeshares and Mobile Homes ("DBPR") dismissed the Recall Appeal
filed by the Debtor's previous Board of Directors (i.e., the
Receiver's Board). As such, the Debtor was properly governed by the
Replacement Board at the time when it sought to retain Genovese
Joblove as its counsel.

Glenn D. Moses, partner of Genovese Joblove & Battista, P.A.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Genovese Joblove can be reached at:

     Glenn D. Moses, Esq.
     GENOVESE JOBLOVE & BATTISTA, P.A.
     100 S.E. 2nd Street, 44th Floor
     Miami, FL 33131
     Tel: (305) 349-2300
     Fax: (305) 349-2310
     E-mail: gmoses@gjb-law.com

              About Green Terrace Condominium
                       Association, Inc.

Green Terrace Condominium Association, Inc., through its receiver,
filed a Chapter 11 petition (Bankr. S.D. Fla. Case No. 17-19188) on
July 21, 2017.  In the petition signed by Kolman Kenigsberg as
receiver for the Debtor, the Debtor estimated less than $500,000 in
assets and $1 million to $10 million in liabilities.  Judge Paul G.
Hyman, Jr., presides over the case.  Eric A Rosen, Esq., at Fowler
White Burnett, P.A., serves as bankruptcy counsel.  Davenport
Property Management is the property manager.



GREER APPLIANCE: Plan Outline Okayed, Plan Hearing on March 20
--------------------------------------------------------------
The U.S. Bankruptcy Court for the District of South Carolina will
consider approval of the Chapter 11 plan of reorganization for
Greer Appliance Warehouse & Service, LLC at a hearing on March 20.

The hearing will be held at 10:30 a.m., at the Donald Stuart
Russell Federal Courthouse.

The court will also consider at the hearing final approval of the
company's disclosure statement, which it conditionally approved on
Feb. 15.

The order set a March 15 deadline for creditors to file their
objections and cast their votes accepting or rejecting the plan.

                  About Greer Appliance Warehouse
                           & Service LLC

Headquartered in Greer, South Carolina, Greer Appliance Warehouse &
Service, LLC is a single-asset real estate owned by Roger Tarbell.
Greer Appliance Warehouse & Service filed for Chapter 11 bankruptcy
protection (Bankr. D.S.C. Case No. 17-04069) on Aug. 15, 2017,
estimating less than $50,000 in assets and less than $500,000 in
liabilities.  Robert H. Cooper, Esq., at The Cooper Law Firm,
serves as the Debtor's bankruptcy counsel.

The Debtor filed its proposed Chapter 11 plan of reorganization and
disclosure statement on February 13, 2018.


HCR MANORCARE: Case Summary & 30 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: HCR ManorCare, Inc.
           aka HCRMC Operations, LLC
           aka HCR ManorCare, LLC
        333 North Summit Street
        Toledo, OH 43604

Business Description: HCR ManorCare -- https://www.hcr-
                      manorcare.com -- is a national healthcare
                      provider that, through certain non-debtor
                      providers, operates a network of more than
                      450 locations nationwide across the
                      following business segments: (a) skilled
                      nursing and inpatient rehabilitation
                      facilities (SNFs), memory care facilities,
                      and assisted living facilities; (b) hospice
                      and home health care agencies; and (c)
                      outpatient rehabilitation clinics and other
                      ancillary healthcare and related businesses.
                      Headquartered in Toledo, Ohio, HCR ManorCare
                      is a holding company that conducts business
                      operations through more than 300 wholly
                      owned or controlled subsidiaries that
                      comprise the Company, including the Non-
                      Debtor Providers.  The Company has operated
                      SNFs through the Non-Debtor Providers for
                      many decades and traded on the New York
                      Stock Exchange until 2007.  As of the
                      Petition Date, the Company has approximately
                      50,000 employees in full- and part-time
                      positions, including nurses, therapists,
                      medical directors and other health
                      professionals, maintenance technicians,
                      administrative support and other staff and
                      corporate personnel.

Chapter 11 Petition Date: March 4, 2018

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Case No.: 18-10467

Judge: Hon. Kevin Gross

Debtor's
Attorneys:       Larry J. Nyhan, Esq.
                 Dennis M. Twomey, Esq.
                 William A. Evanoff, Esq.
                 Allison Ross Stromberg, Esq.
                 Matthew E. Linder, Esq.
                 SIDLEY AUSTIN LLP
                 One South Dearborn Street
                 Chicago, Illinois, 60603
                 Tel: (312) 853-7000
                 Fax: (312) 853-7036
                 E-mail: lnyhan@sidley.com
                        dtwomey@sidley.com
                        wevanoff@sidley.com
                        astromberg@sidley.com
                        astromberg@sidley.com

Debtor's
Delaware
Attorneys:       Robert S. Brady, Esq.
                 Edmon L. Morton, Esq.
                 Justin H. Rucki, Esq.
                 Tara Pakrouh, Esq.      
                 YOUNG, CONAWAY, STARGATT & TAYLOR, LLP
                 1000 North King Street
                 Wilmington, DE 19801
                 Tel: 302-571-6600
                 Fax: 302-571-1253
                 E-mail: rbrady@ycst.com
                         emorton@ycst.com
                         jrucki@ycst.com
                         tpakrouh@ycst.com

Debtor's
Investment
Bankers:         MOELIS & COMPANY LLC
                 399 Park Avenue, 5th Floor
                 New York, New York 10022

Debtor's
Financial
Advisors:        AP SERVICES, LLC
                 909 Third Avenue,  
                 New York, New York, 10022

Debtor's
Claims &
Noticing
Agent:           EPIQ BANKRUPTCY SOLUTIONS, LLC
                 Web site: http://dm.epiq11.com/#/case/HCR/info

Total Assets as of Dec. 31, 2017: $4.264 billion

Total Liabilities as of Dec. 31, 2017: $7.118 billion

The petition was signed by John R. Castellano, chief restructuring
officer.

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

                 http://bankrupt.com/misc/deb18-10467.pdf

List of Debtor's 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Quality Care Properties, Inc.       Real Property     Undetermined
7315 Wisconsin Ave                Lease Obligations
Suite 250-W
Bethesda, MD 20814
Name: David Haddock, Esq.
Tel: (240) 223-4680
Email: dhaddock@qcpcorp.com

David Howard                         Litigation       Undetermined
Individually and on behalf
of the Wrongful Death
Beneficiaries of
Donald Lee Howard
c/o McHugh Fuller Law Group PLLC
97 Elias Whiddon Rd
Hattiesburg, MS 39402
Michael J Fuller, Esq.
Tel: (800) 939-5580
Email: mike@mchughfuller.com

Joseph Grasso                        Litigation       Undetermined
Executor of the Estate of
Mary Grasso, Joseph Grasso,
individually,
William Grasso, individually
c/o Dworken & Bernstein
60 South Park Place
Painesville, Ohio 44077
Patrick Murphy
Tel: (440) 946-7656
Email: pmurphy@dworkenlaw.com

Clara J. Columbus,                   Litigation       Undetermined
as Next of Kin of
Richard E. Columbus,
Deceased and on
Behalf of all Wrongful
Death Survivors of the Decedent
c/o Maples, Nix and Diesselhorst, PLLC
15401 N. May Avenue
Edmond, OK 73103
Ray Maples
Tel: (800) 539-0652
Email: ray@mndlawfirm.com

Lorraine F. Brosius,                 Litigation       Undetermined
as Executrix for the
Estate of William B. Brosius,
deceased
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Eugene T. Adkins by and              Litigation       Undetermined
through Glen J. Adkins,
Attorney-in-Fact
c/o Wilkes & McHugh, P.A.
One North Dale Mabry, Suite 800
Tampa, FL 33610
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Marika Delgado                        Litigation      Undetermined
Personal Representative
of the Estate of Sandra Shaw
c/o Wilkes & McHugh
2355 E. Camelback Rd, Suite 910
Phoenix, AZ 85016
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Kimberly Kallas                      Litigation       Undetermined
c/o Lawrence Raymond Bach
50 S Main Street
Akron, OH 44308
Lawrence Bach
Tel: (234) 281-4949
Email: jbach@rlbllp.com

Douglas McCalister                  Litigation        Undetermined
as Administrator for
the Estate of Donald E. McCalister
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Ronald A. Samsel and                Litigation        Undetermined
Richard J. Samsel,
as Co-Administrators of
the Estate of Mary
A. Samsel, deceased
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Jeffrey Stone                       Litigation        Undetermined
as administrator of the
estate of Rachel Stone, deceased
c/o Wilkes & McHugh, P.A.
429 North Broadway
Lexington, KY 40588-1747
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

The Estate of Bryan L. Slattery     Litigation        Undetermined
by and through EM Micki Slattery,
Personal Representative
c/o Wilkes & McHugh, P.A.
One North Dale Mabry, Suite 800
Tampa, FL 33610
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Margaret Ann Haney                  Litigation        Undetermined
as Executrix for the
Estate of Lillian J. Kuntz, deceased
c/o Wilkes & McHugh
437 Grant St.
Pittsburgh, PA 15219
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Kecia L. Johnson                    Litigation        Undetermined
as Administrator of the
Estate of William Henry
Johnson, Jr., deceased
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

John M. Starr,                       Litigation       Undetermined
as Administrator of the
Estate of Catherine J. Starr, Deceased
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Norman J. Brinton                    Litigation       Undetermined
by and through his
Attorney-in-Fact,
Joan D. Brinton
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Lorraine L. Davis,                   Litigation       Undetermined
Executrix of the Estate
of John L. Hudson
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Sandra L. Stutzman                   Litigation       Undetermined
by and through her
Attorney-in-Fact, Ann R. Russell
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

The Estate of Aida J. Peon           Litigation       Undetermined
by and through Mary Ann Torrens,
personal representative
c/o Wilkes & McHugh, P.A.
One North Dale Mabry, Suite 800
Tampa, FL 33610
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

The Estate of Arthur Hoddick         Litigation       Undetermined
by and through Andrew B. Hoddick, PR
c/o Wilkes & McHugh, P.A.
One North Dale Mabry, Suite 800
Tampa, FL 33610
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Bridget M. Whitley                   Litigation       Undetermined
Administrator Pendente Lite
for the Estate of Richard M.
McVey, deceased
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Walter W. Jackson                    Litigation       Undetermined
as PR of the Estate of
Phyllis W. Jackson, deceased
c/o Connor & Connor
224 Park Ave SE
Aiken, SC 29801
Ken Connor
Tel: (800) 226-0543
Email: ken@theconnorfirm.com

Colleen Bennett                      Litigation       Undetermined
as Independent Administrator
of the Estate of Mary
Parejko, deceased
c/o LEVIN & PERCONTI
325 North LaSalle Street, Suite 450
Chicago, IL 60654
Steven M. Levin
Email: sml@levinperconti.com

Keesha Lane                          Litigation       Undetermined
as Administratrix of the
Estate of Bobby Lane, Sr.
c/o Reddick Moss
1500 JFK Blvd., Suite 1145
Philadelphia, PA 19106
Brent Moss, Esq
Tel: (877) 907-7790
Email: brent@reddickmoss.com

Judy Wolf-Bolton                     Litigation       Undetermined
Administratrix of the
Estate of Lynn Wolff
c/o Stebner and Associates
870 Market Street, Suite 1212
San Francisco, CA 94102
Kathryn Stebner
Tel: (800) 610-9641
Email: kathryn@stebnerassociates.com

Sheila J. Dillard                    Litigation       Undetermined
Attorney-in-Fact for
Dorothy J. Winkfield
c/o Wilkes & McHugh
437 Grant St.
Pittsburgh, PA 15219
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Neil F. Braun                        Litigation       Undetermined
as Executor for the Estate of
Kathleen M. Braun
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Dora McGill                          Litigation       Undetermined
                       
as Executor for the Estate of
James McGill
c/o Wilkes & McHugh, P.A.
429 N. Broadway
Lexington, KY40588-1747
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Barbara L. Clauser                   Litigation       Undetermined
Attorney-in Fact for
Willard F. Gower
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com

Carol A. Rennick                     Litigation       Undetermined
Attorney-in-Fact for
Joanna Dronick
c/o Wilkes & McHugh
1601 Cherry Street, Suite 1300
Philadelphia, PA 19102
Tim McHugh
Tel: (813) 873-0026
Email: timothy@wilkesmchugh.com


HCR MANORCARE: Files for Chapter 11 in Delaware with QCP Deal
-------------------------------------------------------------
HCR ManorCare Inc., one of the largest skilled nursing home chains
in the U.S., filed a voluntary petition for reorganization under
Chapter 11 of the Bankruptcy Code in the United States Bankruptcy
Court for the District of Delaware on March 4, 2018, as required by
a Plan Sponsor Agreement in which its landlord, Quality Care
Properties Inc., will take control of the company.

On March 2, 2018, Quality Care Properties, a Maryland corporation,
entered into a plan sponsor agreement with HCR ManorCare, Inc., a
Delaware corporation, HCP Mezzanine Lender, LP, a Delaware limited
partnership and wholly owned subsidiary of QCP, and the lessors
identified therein.

The Plan Sponsor Agreement contemplates that, among other things,
pursuant to a prepackaged plan of reorganization of HCR ManorCare
under chapter 11 of the Bankruptcy Code, HCP Mezzanine Lender as
Purchaser will acquire all of the newly issued and outstanding
common stock of HCR ManorCare, in exchange for the discharge under
the Plan of all claims of QCP against HCR ManorCare and its
subsidiaries arising under the Guaranty of Obligations by HCR
ManorCare, effective as of February 11, 2013, of the Master Lease.

HCR's Plan will be based on, and will contain terms consistent in
form and substance with, the restructuring term sheet dated March
2, 2018 attached to and incorporated into the Plan Sponsor
Agreement.  The Plan includes these terms:

     * All of QCP's claims against HCR ManorCare will be
       cancelled in exchange for all of the issued and
       outstanding capital stock of the reorganized HCR
       ManorCare;

     * All creditors of HCR ManorCare other than QCP will be
       unimpaired under the Plan, including General Unsecured
       Claims in Class 5; and

     * The Plan will include customary releases and exculpation
       by HCR ManorCare of the reorganized HCR ManorCare, its
       current and former representatives, and QCP.

The Debtor and its Subsidiaries admit, stipulate and agree that:

   (i) as of March 2, (and taking into account payments made by
       HCR III to the Lessors), the Lessors were owed
       approximately $180,571,590  in unpaid Rent currently due
       and owing under the Master Lease, including $14,000,000
       in unpaid Rent due and owing since the date of the
       Second Forbearance Agreement until the date of this
       Agreement; and

  (ii) as of March 2, the Lessors were owed approximately
       $265,225,000 in unpaid Deferred Rent Obligations
       currently due and owing under the Master Lease.

The Plan Sponsor Agreement provides that, during the period prior
to the closing of the transactions contemplated by the Plan Sponsor
Agreement, Guy Sansone and Laura Linynsky will serve as consultants
reporting to QCP and will be provided with certain rights and
access to information of HCR ManorCare, as well as access to the
board of directors, officers and employees of HCR ManorCare,
subject to oversight by the Chief Restructuring Officer of HCR
ManorCare.

HCR ManorCare will also provide the QCP Consultants with
information and access to HCR ManorCare's properties and personnel
as they or QCP reasonably request to, among other things, formulate
a comprehensive, detailed business plan for HCR ManorCare for
implementation following the closing of the Transactions.
Following the completion of the Transactions, Mr. Sansone is
expected to assume the role of HCR ManorCare's Chief Executive
Officer and Ms. Linynsky is expected to serve as HCR ManorCare's
interim Chief Financial Officer.

The Plan Sponsor Agreement contains additional commitments by HCR
ManorCare and QCP relating to the voluntary chapter 11 filing for
reorganization by HCR ManorCare, including to use reasonable best
efforts to pursue entry of a confirmation order by the bankruptcy
court confirming a Plan consistent in form and substance with the
arrangements provided in the Term Sheet within 40 days of the
filing of the bankruptcy petition.

The consummation of the Transactions is subject to certain mutual
conditions, including (i) the receipt of certain state licensing
approvals with respect to the Transactions, (ii) the entry by the
bankruptcy court of a confirmation order confirming a Plan with
terms consistent in form and substance with those set out in the
Term Sheet, or otherwise reasonably acceptable to QCP and HCR
ManorCare, and such order having become a final order and (iii) no
entry of an order by the bankruptcy court dismissing the Chapter 11
Case or converting the Chapter 11 Case into a case under Chapter 7
of the Bankruptcy Code or an order materially inconsistent with the
Plan Sponsor Agreement, the Plan or the confirmation order in a
manner adverse to QCP.

The obligation of each party to consummate the Transactions is also
conditioned upon (i) compliance by the other party in all material
respects with its pre-closing obligations under the Plan Sponsor
Agreement, and (ii) the accuracy of the representations and
warranties of the other party as of the date of the Plan Sponsor
Agreement and as of the closing of the Transactions (subject to
customary materiality qualifiers).

The Plan Sponsor Agreement will automatically terminate if certain
milestones related to the Chapter 11 Case are not met.  The Plan
Sponsor Agreement may also be terminated by QCP if there has been a
material breach of the "no shop" covenant or if HCR III Healthcare
LLC, a wholly owned subsidiary of HCR ManorCare ("HCR III"), fails
to pay such cash and cash equivalents available to pay all or part
of the Reduced Cash Rent (as defined in the Master Lease) after
making all transfers of funds permitted under the credit agreement
of HCR ManorCare and its subsidiaries and retaining such reserves
and making such other expenditures that either the Chief
Restructuring Officer or the board of directors of HCR ManorCare
has determined would be necessary to allow HCR ManorCare to operate
in the ordinary course of business.  Either QCP or HCR ManorCare
may also terminate the Plan Sponsor Agreement if the Transactions
have not been consummated by September 30, 2018.

QCP and HCR ManorCare have made customary representations,
warranties and covenants in the Plan Sponsor Agreement.  Many of
the representations made by HCR ManorCare are subject to and
qualified by Material Adverse Effect (as defined in the Plan
Sponsor Agreement).  QCP and HCR ManorCare have also agreed to
customary covenants in the Plan Sponsor Agreement, including
covenants regarding the operation of the business of HCR ManorCare
and its subsidiaries prior to the effective time of the
Transactions and a "no shop" covenant prohibiting HCR ManorCare
from soliciting, providing non-public information in connection
with or entering into discussions or negotiations concerning
proposals relating to alternative business combination
transactions.  In addition, QCP and HCR ManorCare have agreed to
use their respective reasonable best efforts to prepare and file
all documentation to obtain required regulatory approvals.  The
Plan Sponsor Agreement provides that HCR ManorCare will use
reasonable best efforts to cooperate with QCP in connection with
any financing by QCP or HCR ManorCare, including the refinancing of
HCR ManorCare's indebtedness under the Centerbridge Facility (as
defined in the Plan Support Agreement).

On the closing date (the "Closing Date") of the Transactions, the
Lessors and HCR III will also enter into an amendment (the "Master
Lease Amendment") to the Master Lease and Security Agreement, dated
as of April 7, 2011, as amended and supplemented from time to time
(the "Master Lease") in the form attached to and incorporated into
the Plan Sponsor Agreement.  The Master Lease Amendment will
provide that, among other things, from the Closing Date until the
seventh anniversary of the Closing Date, HCR III will be permitted
to defer paying any portion of the monthly minimum rent due to the
Lessors to the extent that HCR III does not have cash and cash
equivalents available to make such payment in a calendar month
after HCR III retains amounts reasonably required, taking into
account projected receipts to satisfy HCR III's monthly cash needs
and liabilities reasonably anticipated to be paid in cash within
ninety days of the first business day of such calendar month.

In addition, pursuant to the Master Lease Amendment, HCR III's
existing deferred rent obligation and any accrued but unpaid rent
under the Master Lease will be released.  On the Closing Date, HCR
III and its subsidiaries to whom HCR III subleases certain
facilities will amend their applicable sublease agreements to
reflect the terms of the Master Lease Amendment.  Within seven days
after the Closing Date, HCR ManorCare, HCR III, and the lessors
under the Master Lease will terminate, release and discharge the
Guaranty.

A copy of the Plan Sponsor Agreement, dated March 2, 2018, by and
among HCR ManorCare, Inc., Quality Care Properties, Inc., HCP
Mezzanine Lender, LP and the lessors identified therein, is
available at https://is.gd/6vVN7z

HCR is represented by:

     Larry Nyhan, Esq.
     SIDLEY AUSTIN LLP
     One South Dearborn
     Chicago, IL 60603
     E-mail: lnyhan@sidley.com

HCR may be reached through:

     Richard A. Parr, General Counsel
     John Castellano, Chief Restructuring Officer
     HCR ManorCare, Inc.
     333 North Summit Street
     Toledo, Ohio  43604
     E-mail: rparr@hcr-manorcare.com
             jcastellano@alixpartners.com

QCP and MC Operations Investments, LLC, as QCP Holder, are
represented by:

     Audra D. Cohen, Esq.
     Andrew G. Dietderich, Esq.
     SULLIVAN & CROMWELL LLP
     125 Broad Street
     New York, NY 10004-2498
     Fax: (212) 558-3588
     E-mail: cohena@sullcrom.com
             dietdericha@sullcrom.com


HCR MANORCARE: Former CEO Ormond Due $116.7 Million
---------------------------------------------------
Jon Chavez, writing for the Toledo Blade, reports that an addendum
to the bankruptcy plan filed in U.S. Bankruptcy Court in
Wilmington, Del., states that HCR ManorCare's former CEO, Paul
Ormond, will receive $116.7 million owed to him stemming from a
deferred compensation agreement he signed in 2011 when the company
was bought by the Carlyle Group for $6.3 billion.

The report says Mr. Ormond also will receive medical, dental, and
vision coverage under his employment agreement, plus he also
receives office space, furnishings, and secretarial support
services provided by ManorCare -- but the accommodations cannot be
on company premises.

Mr. Ormond stepped down in September 2017 as ManorCare's president
and CEO.

According to the Blade, a New York newspaper reported last fall
that Mr. Ormond had been demanding $100 million in deferred
compensation and indicated that Quality Care likely would be liable
for the payment should it gain control of ManorCare.

HCR ManorCare filed for a prepackaged Chapter 11 bankruptcy on
March 4, listing up to $10 billion in both assets and liabilities.


HCR MANORCARE: Terms of Restructuring Deal with Carlyle et al.
--------------------------------------------------------------
Concurrently with the execution of the Plan Sponsor Agreement, HCR
ManorCare, Carlyle MC Partners, L.P., a Delaware limited
partnership, Carlyle Partners V-A MC, L.P., a Delaware limited
Partnership, Carlyle Partners V MC, L.P., a Delaware limited
partnership, CP V Coinvestment A, L.P., a Delaware limited
partnership, CP V Coinvestment B, L.P., a Delaware limited
partnership and MC Operations Investments, LLC, a wholly owned
indirect subsidiary of Quality Care Properties Inc., entered into a
restructuring support agreement.

Subject to the terms and conditions therein, the Restructuring
Support Parties, as the owners of common stock of HCR ManorCare,
covenanted to, among other things, support the Transactions and a
Plan consistent in form and substance with the arrangements set
forth in the Term Sheet, and not to take any action, directly or
indirectly, that could interfere with the confirmation of said Plan
or the consummation of the Transactions.  In addition, the
Restructuring Support Parties agreed not to transfer, sell or
pledge their HCR ManorCare common stock or the right to vote unless
the transferee of those shares joins the Restructuring Support
Agreement.

All obligations pursuant to the Restructuring Support Agreement
will terminate upon the earlier of the effective date of the Plan
or the date of termination of the Plan Sponsor Agreement.

As of March 2, 2018, the Restructuring Support Parties collectively
owned 38,901,801 shares of common shares of HCR ManorCare,
representing more than eighty percent of the total shares of common
stock of HCR ManorCare issued and outstanding on that date.

A copy of the Restructuring Support Agreement, including the
Restructuring Term Sheet, dated March 2, 2018, by and among HCR
ManorCare, Inc., Carlyle MC Partners, L.P., Carlyle Partners V-A
MC, L.P., Carlyle Partners V MC, L.P., CP V Coinvestment A, L.P.,
CP V Coinvestment A, L.P., CP V Coinvestment B, L.P., and MC
Operations Investments LLC, is available at https://is.gd/Vic7it

Carlyle MC Partners, L.P., Carlyle Partners V-A MC, L.P., Carlyle
Partners V MC, L.P., CP V Coinvestment A, L.P., and CP V
Coinvestment B, L.P., -- as Majority Holders -- are represented
by:

     Daniel T. Lennon, Esq.
     Roger G. Schwartz, Esq.
     J. Cory Tull, Esq.
     LATHAM & WATKINS LLP
     555 Eleventh Street, NW, Suite 1000
     Washington, D.C.  20004-1304
     E-mail: daniel.lennon@lw.com
            roger.schwartz@lw.com
            cory.tull@lw.com


HEAVEN'S TREASURES: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Heaven's Treasures Thrift and Value Stores, LLC
        979 Bethlehem Pike
        Montgomeryville, PA 18936

Business Description: Heaven's Treasures Thrift and Value Stores
                      LLC -- http://heavenstreasuresthrift.com--
                      was organized in December of 2016 with a
                      mission of operating a chain of retail
                      stores that will allow second chance
                      employment, financially support charities
                      and give affordable shopping experiences to
                      the greater community while keeping with its

                      corporate purpose.  The Company accepts
                      donations of all kinds -- from gently used
                      clothing, accessories, household items, to
                      furniture.  Heaven's Treasures has store
                      locations in Feasterville, Norristown,
                      Montgomeryville, Hatboro, and Bristol.

Chapter 11 Petition Date: March 2, 2018

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania (Philadelphia)

Case No.: 18-11434

Judge: Hon. Jean K. FitzSimon

Debtor's Counsel: Harry J. Giacometti, Esq.
                  Steven D. Usdin, Esq.
                  FLASTER/GREENBERG, P.C.
                  1835 Market Street, Suite 1050
                  Philadelphia, PA 19103
                  Tel: (215) 587-5680
                  Tel: (215) 279-9393
                  E-mail: harry.giacometti@flastergreenberg.com
                          steven.usdin@flastergreenberg.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by James M. Jones, president.

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/paeb18-11434.pdf


HEXION INC: Widens Net Loss to $234 Million in 2017
---------------------------------------------------
Hexion Inc. filed with the Securities and Exchange Commission its
annual report on Form 10-K reporting a net loss of $234 million on
$3.59 billion of net sales for the year ended Dec. 31, 2017,
compared to a net loss of $38 million on $3.43 billion of net sales
for the year ended Dec. 31, 2016.

For the three months ended Dec. 31, 2017, Hexion reported a net
loss of $88 million on $895 million of net sales compared to a net
loss of $97 million on $758 million of net sales for the same
period during the prior year.

As of Dec. 31, 2017, Hexion had $2.09 billion in total assets,
$4.83 billion in total liabilities and a total deficit of $2.74
billion.

"Hexion posted solid Segment EBITDA gains, sales growth of 18% and
volume increases of approximately 10%, respectively, in the fourth
quarter of 2017," said Craig A. Rogerson, chairman, president and
CEO.  "Our fourth quarter Segment EBITDA reflected continued strong
demand and year-over-year gains in our base epoxy resins, North
American forest products resins, and global formaldehyde
businesses."

Mr. Rogerson added: "Looking ahead, our outlook is positive for the
key end markets we serve.  We also expect to further realize the
structural cost savings from our recently announced restructuring
initiatives, which will support 2018 Segment EBITDA growth.  These
savings, along with continued growth across most product lines, are
expected to drive improved Segment EBITDA in 2018 versus the prior
year."

                   Global Restructuring Programs

In 2017, the Company achieved approximately $26 million of cost
savings, including reductions in selling, general and
administrative (SG&A) expenses and targeted site rationalizations.
In addition, Hexion recently identified approximately $40 million
in additional structural cost savings with approximately 90% of the
savings related to headcount reductions.  At Dec. 31, 2017, Hexion
had $50 million of total in-process cost savings comprised of $12
million in SG&A savings and $38 million in manufacturing savings.
The Company has taken the majority of the actions and the impact
will be essentially realized over the next 12 months.

                 Portfolio Optimization Initiatives

Hexion continues to position the Company for profitable growth by
strategically managing its portfolio.  In January 2018, Hexion
announced that it sold its ATG business to MUNZING CHEMIE GmbH. The
Company received approximately $50 million in proceeds from the
transaction, or approximately twelve times Segment EBITDA over the
last twelve months.  Hexion will use the sale proceeds for general
corporate purposes.

In addition, Hexion has initiated a process for the sale of a
portion of its Epoxy, Phenolic and Coatings Resins Segment.  The
Company expects that sale proceeds will be used to reduce its debt.
The Company does not intend to comment further on its strategic
activities unless and until it otherwise deems further disclosure
is appropriate or required.

                  Liquidity and Capital Resources

At Dec. 31, 2017, Hexion had total debt of approximately $3.7
billion compared to $3.5 billion at Dec. 31, 2016.  In addition, at
Dec. 31, 2017, the Company had $346 million in liquidity comprised
of $97 million of unrestricted cash and cash equivalents, $227
million of borrowings available under the Company's senior secured
asset-based revolving credit facility and $22 million of time
drafts and availability under credit facilities at certain
international subsidiaries.  Pro forma liquidity reflecting
proceeds from the ATG transaction totaled approximately $395
million.  Hexion expects to have adequate liquidity to fund its
ongoing operations for the next twelve months from cash on its
balance sheet, cash flows provided by operating activities and
amounts available for borrowings under its credit facilities.

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

                      https://is.gd/IxfKQZ

                          About Hexion

Based in Columbus, Ohio, Hexion Inc. -- http://www.hexion.com/--
is a producer of thermosetting resins, or thermosets, and a
producer of adhesive and structural resins and coatings.  Hexion
Inc. serves the global wood and industrial markets through a broad
range of thermoset technologies, specialty products and technical
support for customers in a diverse range of applications and
industries.  Hexion Inc. is controlled by investment funds
affiliated with Apollo Global Management, LLC.

                          *     *     *

In February 2017, S&P Global Ratings affirmed its 'CCC+' corporate
credit rating on Hexion Inc. and revised the rating outlook to
stable from negative.  S&P said it could lower the ratings during
the next year if liquidity weakens from current levels, increasing
the likelihood that Hexion might not meet its payment obligations.

In January 2017, Moody's Investors Service lowered the Corporate
Family Rating (CFR) of Hexion Inc. to 'Caa2'.  Hexion's 'Caa2' CFR
reflects its elevated leverage of over 9 times, weak cash flow from
operations and negative free cash flow.


HIGH PLAINS COMPUTING: Files Second Amended Plan Outline
--------------------------------------------------------
High Plains Computing, Inc., filed with the U.S. Bankruptcy Court
for the District of Colorado a second amended disclosure statement
to accompany its first amended plan of reorganization dated Feb.
23, 2018.

The Unsecured Creditors Committee consisting of two creditors,
AvePoint Public Sector, Inc. and Silicon Mechanics, Inc. was
appointed on Sept. 7, 2017. The Court entered an Order authorizing
the Committee's employment of Buechler & Garber, LLC as its counsel
on Sept. 15, 2017. As of Oct. 31, 2017, B&G has incurred fees in
the amount of $13,694.50, and costs in the amount of $103.24. The
latest filing asserts that the fees and costs have increased since
this time and are expected to total around $25,000 upon the
Effective Date of the Plan, but such amount could increase or
decrease depending upon the level of litigation in the case.

A copy of the Second Disclosure Statement is available at:

     http://bankrupt.com/misc/cob17-14819-256.pdf

A copy of the First Amended Plan is available at:

     http://bankrupt.com/misc/cob17-14819-255.pdf

The Troubled Company Reporter previously reported that 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.

                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.


HOMEROOMS INC: Sale of Louisiana Hotel to Fund Proposed Plan
------------------------------------------------------------
Homerooms, Inc. filed with the U.S. Bankruptcy Court for the
Western District of Louisiana a disclosure statement with respect
to its proposed chapter 11 plan.

The Debtor will sell its hotel located at 2503 SE Evangeline
Thrwy., Lafayette Louisiana, and use the proceeds of the sale to
pay all Allowed Claims in full, including the secured claim of Gulf
Coast Bank.

The secured claim of Michael Munro will not be paid under this plan
until all other Allowed Claims have been paid in full.

All Allowed Unsecured Claims, with the exception of claims of
companies owned by Michael Munro, will be paid in full by the sale
of the Hotel. If these claims cannot be paid in full, they will be
paid to the extend funds are available from the sale. Allowed
Unsecured Claims will be paid only after the Priority Tax Claims
are paid in full. The Debtor estimates the amount of non-insider
unsecured claims to be $54,504.

The Hotel is currently listed for sale for $3,400,000 with Danny
Nugier of Southwest Real Estate, LLC. This listing price is a
$1,000,000 reduction from the previous asking price. The listing
price of the Hotel will be reduced until it is sold.

Homerooms, Inc. will continue to manage its own affairs
post-confirmation. Michael J. Munro, Sr. will continue to oversee
all operations as president.

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

     http://bankrupt.com/misc/lawb17-51324-35.pdf

                         About Homerooms Inc.

Homerooms, Inc., dba Cypress Tree Inn, operates a hotel at 2503 SE
Evangeline Thruway, Lafayette, Louisiana.  The hotel property has a
current value of $4 million.  Homerooms posted gross revenue of
$150,000 in 2016 and gross revenue of $150,000 in 2015.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. La. Case No. 17-51324) on October 10, 2017.
Michael J. Munro, Sr., its president, signed the petition.

At the time of the filing, the Debtor disclosed that it had $4.10
million in assets and $4.69 million in liabilities.

Judge Robert Summerhays presides over the case.

The Debtor previously sought bankruptcy protection (Bankr. W.D. La.
Case No. 12-50136).  The case filed on February 10, 2012.


HRG GROUP: Moody's Puts B3 CFR Under Review for Upgrade
-------------------------------------------------------
Moody's Investors Services placed HRG Group, Inc.'s ratings on
review for upgrade. This follows the announcement on Monday that
Spectrum Brands, Inc. (Spectrum Brands/B1 stable) and HRG reached a
definitive merger agreement in which Spectrum Brands will combine
with HRG. As a result, HRG's shareholders will effectively hold
HRG's interests in Spectrum Brands following the combination. The
number of shares HRG's stockholders will receive at the closing
will be adjusted to reflect HRG's net debt position. HRG expects
the transaction to close by June 2018.

This transaction essentially concludes HRG's strategic review of
its business that it started in November 2016. After this
transaction closes, HRG will not have any significant operations or
investments.

RATINGS RATIONALE

Moody's rating review will focus on the structure and closing of
the transaction.

Ratings placed on review for upgrade:

Corporate Family Rating at B2;

Probability of Default Rating at B2-PD;

Unsecured notes at Caa1

Rating unchanged:

Speculative Grade Liquidity Rating at SGL-2

The principal methodology used in this rating was the Global
Consumer Durables methodology published in April 2017.

HRG Group is a holding company whose principal focus historically
was to acquire or enter into combinations with businesses in
diverse segments. The company's main operating subsidiary is
Spectrum Brands.


HUMANIGEN INC: Cheval Holdings Hikes Stake to 43.9% as of March 1
-----------------------------------------------------------------
As of March 1, 2018, Black Horse Capital LP may be deemed to
beneficially own 5,996,710 shares of common stock of Humanigen,
Inc., Black Horse Capital Master Fund Ltd. may be deemed to
beneficially own 13,997,832 Shares and Cheval Holdings, Ltd. may be
deemed to beneficially own 46,876,309 Shares, constituting
approximately 5.6%, 13.1% and 43.9%, respectively, of the
outstanding Shares.

Humanigen issued to each of the Domestic Fund, the Offshore Fund
and Cheval 5,123,733 Shares, 11,957,369 Shares and 44,840,991
Shares, respectively, for amounts owed by the Company under the
Credit Agreement and in total consideration of $3,000,000.

The aggregate percentage of Shares reported owned by each person is
based upon approximately 106,802,229 Shares outstanding as of Feb.
27, 2018.

Black Horse Capital Management LLC, by virtue of its relationships
with Domestic Fund and Cheval, may be deemed to beneficially own
the 52,873,019 Shares beneficially owned by the Domestic Fund and
Cheval, constituting approximately 49.5% of the outstanding
Shares.

Dale Chappell, by virtue of his relationships with the Domestic
Fund, the Offshore Fund and Cheval, may be deemed to beneficially
own the 66,870,851 Shares owned by each of the Domestic Fund, the
Offshore Fund and Cheval, constituting approximately 62.6% of the
outstanding Shares.

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

                      https://is.gd/d7KxFF

                     About Humanigen, Inc.

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

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

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

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


IHEARTCOMMUNICATIONS INC: Elects Not to Pay $138M Notes Interest
----------------------------------------------------------------
iHeartCommunications, Inc. announced that its Board of Directors
has elected not to make the interest payments due on March 1, 2018
of approximately $59.1 million with respect to its outstanding
11.25% Priority Guarantee Notes due 2021 and of approximately $78.8
million with respect to its outstanding 9.0% Priority Guarantee
Notes due 2021.  The Company's Board of Directors elected not to
make the payments as active discussions continue among its lenders,
noteholders, and financial sponsors regarding a comprehensive debt
restructuring.  Under the indentures governing the Notes, the
Company has a 30-day grace period to make the interest payments
before such default triggers an event of default.

                    About iHeartMedia, Inc. and
                     iHeartCommunications, Inc.

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

iHeartCommunications reported a net loss attributable to the
Company of $296.31 million in 2016, a net loss attributable to the
Company of $754.6 million in 2015, and a net loss attributable to
the Company of $793.8 million in 2014.

As of Sept. 30, 2017, iHeartCommunications had $12.25 billion in
total assets, $23.93 billion in total liabilities and a total
stockholders' deficit of $11.67 billion.

                           *    *    *

As reported by the TCR on Feb. 12, 2018, Fitch Ratings has affirmed
iHeartCommunications, Inc.'s Long-Term Issuer Default Rating (IDR)
at 'C'.  iHeart's 'C' IDR reflects the likelihood for a near-term
default and potential restructuring event, which increased
following the company's strategic decision to not pay the $106
million cash interest payment on a more junior piece of debt that
was due on Feb. 1, 2018.

Also in February 2018, S&P Global Ratings lowered its corporate
credit ratings on Texas-based iHeartMedia Inc. and its iHeart
subsidiary to 'SD' (selective default) from 'CC'.  The downgrade
follows iHeart's recent announcement that it did not make a $106
million net cash interest payment on its 12%/14% senior notes due
2021.  The payment was due on Feb. 1.

HeartCommunications' carries a 'Caa2' Corporate Family Rating from
Moody's Investors Service.


IHEARTMEDIA INC: GSO Sells Debt to Liberty Media
------------------------------------------------
Sridhar Natarajan and Emma Orr, writing for Bloomberg News,
reported last week that GSO Capital Partners, credit unit of
Blackstone Group, has exited its position at iHeartMedia Inc. after
selling roughly $400 million of iHeart debt to billionaire John
Malone's Liberty Media, according to people with knowledge of the
matter.  The sources asked not to be identified because the
information is private.

Bloomberg noted that Liberty accumulated a position in the debt to
inject itself into restructuring talks for iHeart in an effort to
take control of its radio business.

As widely reported, Liberty Media offered to finance iHeart's
bankruptcy in exchange for a 40% stake in the reorganized company.
Liberty is still negotiating with the senior creditor group,
Bloomberg reported.

                    About iHeartMedia, Inc. and
                     iHeartCommunications, Inc.

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

iHeartCommunications reported a net loss attributable to the
Company of $296.31 million in 2016, a net loss attributable to the
Company of $754.6 million in 2015, and a net loss attributable to
the Company of $793.8 million in 2014.

As of Sept. 30, 2017, iHeartCommunications had $12.25 billion in
total assets, $23.93 billion in total liabilities and a total
stockholders' deficit of $11.67 billion.

                           *    *    *

As reported by the TCR on Feb. 12, 2018, Fitch Ratings has affirmed
iHeartCommunications, Inc.'s Long-Term Issuer Default Rating (IDR)
at 'C'.  iHeart's 'C' IDR reflects the likelihood for a near-term
default and potential restructuring event, which increased
following the company's strategic decision to not pay the $106
million cash interest payment on a more junior piece of debt that
was due on Feb. 1, 2018.

Also in February 2018, S&P Global Ratings lowered its corporate
credit ratings on Texas-based iHeartMedia Inc. and its iHeart
subsidiary to 'SD' (selective default) from 'CC'.  The downgrade
follows iHeart's recent announcement that it did not make a $106
million net cash interest payment on its 12%/14% senior notes due
2021.  The payment was due on Feb. 1.

HeartCommunications' carries a 'Caa2' Corporate Family Rating from
Moody's Investors Service.


IHEARTMEDIA INC: Lenders Agree to Forbearance Thru March 7
----------------------------------------------------------
iHeartCommunications, Inc. and certain lenders party thereto, on
March 4, 2018, entered into a Forbearance Agreement, with respect
to the Credit Agreement, dated as of May 13, 2008, as amended and
restated as of February 23, 2011, among the Company, as the parent
borrower, the subsidiary co-borrowers and foreign subsidiary
revolving borrowers party thereto, iHeartMedia Capital I, LLC, as a
guarantor, Citibank, N.A., as administrative agent, swing line
lender and letter of credit issuer, and the other lenders from time
to time party thereto.

The Consenting Lenders constitute the lenders required under the
Credit Agreement to grant a forbearance.

Pursuant to the Forbearance Agreement, the Consenting Lenders
agreed to temporarily forbear from accelerating the obligations
under the Credit Agreement or otherwise exercising any rights or
remedies thereunder as a result of any actual or prospective event
of default under Section 8.01(e) of the Credit Agreement resulting
from the Company's failure to make an interest payment beyond the
applicable grace period with respect to its 14.00% Senior Notes due
2021 that was originally due on February 1, 2018.

The forbearance became effective upon all parties' execution
thereof and will terminate immediately and automatically upon the
earliest to occur of (i) March 7, 2018 at 11:59 p.m. Central time
and (ii) an event of default under the Credit Agreement other than
those that resulted in the entry into the Forbearance Agreement.

Pursuant to the Forbearance Agreement, the Company agreed to not
make payments on account of any indebtedness or obligations under
the indentures governing the Company's legacy notes and the
Company's 14.00% Senior Notes due 2021 during the Forbearance
Period.

iHeartCommunications has engaged in discussions with its
stakeholders with respect to the restructuring of its capital
structure. In connection with the discussions, iHeartMedia, Inc.,
the indirect parent of the Company, and the Company have been
working on a proposed draft restructuring support agreement and
related proposed draft restructuring term sheet with advisors to
groups of the Company's noteholders, lenders and equity holders.

The draft restructuring support agreement and related draft
restructuring term sheet have been shared by the advisors with the
groups they represent.

A copy of iHeartMedia's Proposed Draft Restructuring Support
Agreement, dated March 3, 2018, is available at
https://is.gd/igaH1g

A copy of iHeartMedia's Proposed Draft Restructuring Term Sheet,
dated March 3, 2018, is available at https://is.gd/yJtmEj

No agreement has been reached with respect to the discussions, and
discussions remain ongoing.

iHeartMedia, Inc. said it will continue to work with all of its
constituents to develop a consensual transaction to allocate
consideration among its various stakeholders. There can be no
assurances that a consensual transaction or any agreement will be
reached.

iHeartMedia is represented by:

     Anup Sathy, P.C., Esq.
     William A. Guerrieri, Esq.
     Benjamin M. Rhode, Esq.
     KIRKLAND & ELLIS LLP
     300 North LaSalle Street
     Chicago, IL 60654
     E-mail: anup.sathy@kirkland.com
             will.guerrieri@kirkland.com
             benjamin.rhode@kirkland.com

          - and -

     Christopher J. Marcus, P.C., Esq.
     AnnElyse S. Gibbons, Esq.
     KIRKLAND & ELLIS LLP
     601 Lexington Avenue
     New York, New York 10022
     E-mail: christopher.marcus@kirkland.com
             annelyse.gibbons@kirkland.com

Counsel to the ad hoc group of holders of Term Loan Credit Facility
Claims and PGN Claims --- 9.000% Priority Guarantee Notes due 2019,
9.000% Priority Guarantee Notes due 2021, 11.250% Priority
Guarantee Notes due 2021, 9.000% Priority Guarantee Notes due 2021,
and 10.625% Priority Guarantee Notes due 2023, issued by
iHeartCommunications, Inc. -- that are parties to the Third
Cooperation Agreement dated June 16, 2017:

     Bruce Bennett, Esq.
     JONES DAY
     555 South Flower Street, Fiftieth Floor
     Los Angeles, CA 90071
     Email address: bbennett@jonesday.com

The Term Loan/PGN Group also has hired PJT Partners LP as advisor.

The Term Lender Group is represented by:

     Michael D. Messersmith, Esq.
     ARNOLD & PORTER KAYE SCHOLER LLP
     70 W. Madison Street
     Chicago, IL 60602
     Email: michael.messersmith@arnoldporter.com

          - and -

     Alan Glantz, Esq.
     ARNOLD & PORTER KAYE SCHOLER LLP
     250 W. 55th Street
     New York, NY 10019
     E-mail: alan.glantz@arnoldporter.com

An ad hoc group of holders of 2021 Notes Claims -- 14.000% senior
notes due 2021, issued by iHeartCommunications, Inc. -- is
represented by:

     Robert Klyman, Esq.
     Matthew J. Williams, Esq.
     GIBSON, DUNN & CRUTCHER LLP
     333 South Grand Avenue
     Los Angeles, CA 90071
     Email: rklyman@gibsondunn.com
            mjwilliams@gibsondunn.com

2021 Noteholder Group also engaged GLC Advisors & Co. as advisor.

The so-called Consenting Sponsors, which comprise the holders of,
or nominees, investment advisors, sub-advisors or managers of funds
that hold Equity Interests that have executed and delivered
counterpart signature pages to the Restructuring Support Agreement
to counsel to the Company Parties, are represented by:

     Matthew S. Barr, Esq.
     Jacqueline Marcus, Esq.
     Gabriel A. Morgan, Esq.
     WEIL, GOTSHAL & MANGES LLP
     767 Fifth Avenue
     New York, New York 10153
     E-mail: matt.barr@weil.com
             Jacqueline.marcus@weil.com
             Gabriel.morgan@weil.com


                    About iHeartMedia, Inc. and
                     iHeartCommunications, Inc.

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

iHeartCommunications reported a net loss attributable to the
Company of $296.31 million in 2016, a net loss attributable to the
Company of $754.6 million in 2015, and a net loss attributable to
the Company of $793.8 million in 2014.

As of Sept. 30, 2017, iHeartCommunications had $12.25 billion in
total assets, $23.93 billion in total liabilities and a total
stockholders' deficit of $11.67 billion.

                           *    *    *

As reported by the TCR on Feb. 12, 2018, Fitch Ratings has affirmed
iHeartCommunications, Inc.'s Long-Term Issuer Default Rating (IDR)
at 'C'.  iHeart's 'C' IDR reflects the likelihood for a near-term
default and potential restructuring event, which increased
following the company's strategic decision to not pay the $106
million cash interest payment on a more junior piece of debt that
was due on Feb. 1, 2018.

Also in February 2018, S&P Global Ratings lowered its corporate
credit ratings on Texas-based iHeartMedia Inc. and its iHeart
subsidiary to 'SD' (selective default) from 'CC'.  The downgrade
follows iHeart's recent announcement that it did not make a $106
million net cash interest payment on its 12%/14% senior notes due
2021.  The payment was due on Feb. 1.

HeartCommunications' carries a 'Caa2' Corporate Family Rating from
Moody's Investors Service.


IHEARTMEDIA INC: Terms of Company's Draft Restructuring Proposal
----------------------------------------------------------------
iHeartmedia, Inc., expects to spin off Clear Channel Outdoor
Holdings, Inc., and hand over ownership of the unit to the holders
of its Term Loan Credit Facility Claims and PGN Claims, according
to a disclosure to the Securities and Exchange Commission.

The spin-off will be implemented according to a Chapter 11
bankruptcy.

iHeartmedia has been expected to seek bankruptcy protection any
time soon.  

On Monday, iHeartmedia disclosed that it continues to engage in
discussions with its stakeholders with respect to the restructuring
of its capital structure, and that the Company has been working on
a proposed draft restructuring support agreement and related
proposed draft restructuring term sheet with advisors to groups of
the Company's noteholders, lenders and equity holders.

iHeartmedia expects to stay in bankruptcy in 300 days.

According to a draft term sheet, iHeartmedia proposed that upon
emergence from a planned Chapter 11 bankruptcy, the Company's pro
forma exit capital structure will consist of:

     * A senior secured asset-based revolving credit facility on
       terms as determined by the Company and the Consenting Term
       Loan/PGN Group Creditors in their reasonable discretion,
       and set forth in a supplement to the Plan, sufficient to
       fund the distributions required by the Plan.

     * $5,750 million in principal amount of secured debt.

     * Reorganized iHeart equity to be issued to holders of Term
       Loan Credit Facility Claims, PGN Claims, 2021 Notes
       Claims, Legacy Notes Claims, and holders of Equity
       Interests in iHeart.

PGN Claims mean the 9.000% Priority Guarantee Notes due 2019,
9.000% Priority Guarantee Notes due 2021, 11.250% Priority
Guarantee Notes due 2021, 9.000% Priority Guarantee Notes due 2021,
and 10.625% Priority Guarantee Notes due 2023, issued by
iHeartCommunications, Inc.

The Term Loan Credit Facility means the Term Loan D Facility due
2019 and the Term Loan E Facility due 2019.

Under the proposed draft term sheet, each holder of a Term Loan
Credit Facility Claim or PGN Claim will receive, in full and final
satisfaction, compromise, settlement, release, and discharge of and
in exchange for such Term Loan Credit Facility Claim or PGN Claim,
its pro rata share and interest in:

   (a) $5.550 billion in principal amount of New Secured Debt to
       be issued by Reorganized iHeart pursuant to the Plan upon
       the occurrence of the Restructuring Effective Date;

   (b) [Cash in an amount equal to (I) the pro forma amount of
       balance sheet cash of the Company Parties available after
       giving effect to the Restructuring Effective Date,
       capitalizing Clear Channel, the consummation of the Plan
       and all Restructuring Transactions, and all debt
       reductions and repayments, the payment of all fees,
       expenses, and related uses of cash on the Restructuring
       Effective Date in accordance with the Plan, minus (II)
       $[_____________] million.]

   (c) a distribution of (i) Special Warrants, (ii) Reorganized
       iHeart Common Stock, or (iii) a combination of Special
       Warrants and Reorganized iHeart Common Stock, which
       (inclusive of the shares of Reorganized iHeart Common
       Stock that may be received in connection with the
       exercise of the Special Warrants) will constitute, in the
       aggregate, 93.25 percent of the Reorganized iHeart Common
       Stock, subject to dilution on account of a Post-Emergence
       Equity Incentive Program; and

   (d)  100% of the common equity in Clear Channel owned by the
       Company or its subsidiaries.

Claims related to the 14.000% senior notes due 2021, issued by
iHeartCommunications, Inc. -- 2021 Notes Claims -- and the 6.875%
senior notes due 2018 and 7.250% senior notes due 2027, issued by
iHeartCommunications, Inc. -- Legacy Notes Claims -- will be
classified together under the Plan.  Each holder of a 2021 Notes
Claim or Legacy Claim will receive, in full and final satisfaction,
compromise, settlement, release, and discharge of and in exchange
for such 2021 Notes Claim or Legacy Claim, its pro rata share and
interest in:

   (a) [At the option of the Required Consenting Cooperating
       Group Creditors, either (i) $200 million in principal
       amount of New Secured Debt to be issued by Reorganized
       iHeart pursuant to the Plan upon the occurrence of the
       Restructuring Effective Date or (ii) cash in an amount
       equal to $200 million]; and

   (b) a distribution of (i) Special Warrants, (ii) Reorganized
       iHeart Common Stock, or (iii) a combination of Special
       Warrants and Reorganized iHeart Common Stock, which
       (inclusive of the shares of Reorganized iHeart Common
       Stock that may be received in connection with the exercise
       of the Special Warrants) will constitute, in the
       aggregate, 5.00% of the Reorganized iHeart Common Stock,
       subject to dilution on account of the Post-Emergence
       Equity Incentive Program. Any Special Warrants or other
       Warrants shall have a nominal exercise price.

The treatment of General Unsecured Claims will have to be agreed to
among the parties, iHeartmedia says.

While, each holder of an Equity Interest will receive, in full and
final satisfaction, compromise, settlement, release, and discharge
of and in exchange for such Equity Interest, its pro rata share and
interest in a distribution of (i) Special Warrants, (ii)
Reorganized iHeart Common Stock, or (iii) a combination of Special
Warrants and Reorganized iHeart Common Stock, which (inclusive of
the shares of Reorganized iHeart Common Stock that may be received
in connection with the exercise of the Special Warrants) will
constitute, in the aggregate, 1.75 percent of the Reorganized
iHeart Common Stock, subject to dilution on account of the
Post-Emergence Equity Incentive Program.

All claims held by Clear Channel against iHeartCommunications,
Inc., pursuant to the terms of an intercompany revolving promissory
note, will receive treatment in a form and substance acceptable to
the Company Parties, CCOH, and the Required Consenting Term
Loan/PGN Group Creditors.

In its proposal iHeartmedia's proposal says the Company's
Restructuring will be effectuated pursuant to certain "Milestones"
including:

     * the Plan, Disclosure Statement, and a motion for approval
       of the Disclosure Statement, all in form and substance
       reasonably acceptable to the Company Parties and
       Consenting Stakeholders, shall be filed in the Chapter 11
       Cases within [60] days of the Petition Date;

     * an order approving the Disclosure Statement shall be
       entered by the Bankruptcy Court within [180] days of the
       Petition Date;

     * an order confirming the Plan shall be entered by the
       Bankruptcy Court within [300] days of the Petition Date;
       and

     * the Restructuring Effective Date shall occur within [365]
       days of the Petition Date; provided that the Parties shall
       negotiate in good faith a reasonable extension of the
       Outside Date if the Parties have otherwise complied with
       the terms of the Definitive Documents and all other events
       and actions necessary for the occurrence of the
       Restructuring Effective Date have occurred other than the
       receipt of regulatory or other approval of a governmental
       unit necessary for the occurrence of the Restructuring
       Effective Date.

A copy of iHeartMedia's Proposed Draft Restructuring Support
Agreement, dated March 3, 2018, is available at
https://is.gd/igaH1g

A copy of iHeartMedia's Proposed Draft Restructuring Term Sheet,
dated March 3, 2018, is available at https://is.gd/yJtmEj

                    About iHeartMedia, Inc. and
                     iHeartCommunications, Inc.

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

iHeartCommunications reported a net loss attributable to the
Company of $296.31 million in 2016, a net loss attributable to the
Company of $754.6 million in 2015, and a net loss attributable to
the Company of $793.8 million in 2014.

As of Sept. 30, 2017, iHeartCommunications had $12.25 billion in
total assets, $23.93 billion in total liabilities and a total
stockholders' deficit of $11.67 billion.

                           *    *    *

As reported by the TCR on Feb. 12, 2018, Fitch Ratings has affirmed
iHeartCommunications, Inc.'s Long-Term Issuer Default Rating (IDR)
at 'C'.  iHeart's 'C' IDR reflects the likelihood for a near-term
default and potential restructuring event, which increased
following the company's strategic decision to not pay the $106
million cash interest payment on a more junior piece of debt that
was due on Feb. 1, 2018.

Also in February 2018, S&P Global Ratings lowered its corporate
credit ratings on Texas-based iHeartMedia Inc. and its iHeart
subsidiary to 'SD' (selective default) from 'CC'.  The downgrade
follows iHeart's recent announcement that it did not make a $106
million net cash interest payment on its 12%/14% senior notes due
2021.  The payment was due on Feb. 1.

HeartCommunications' carries a 'Caa2' Corporate Family Rating from
Moody's Investors Service.


INTERNATIONAL PLACE: Taps Marcus & Millichap as Broker
------------------------------------------------------
International Place at Tysons, LLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Virginia to employ
Marcus & Millichap Real Estate Investment Services, Inc., as real
estate broker to the Debtor.

International Place requires Marcus & Millichap to market and sell
the Debtor's real property located at 8201 Leesburg Pike, Vienna,
Virginia.

Marcus & Millichap will be paid a commission of 1.25% of the
purchase price of the properties.

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

Marcus & Millichap can be reached at:

     Bryn Merrey
     MARCUS & MILLICHAP REAL ESTATE
     INVESTMENT SERVICES, INC.
     7200 Wisconsin Ave., 1101
     Bethesda, MD 20814
     Tel: (202) 536-3700

              About International Place at Tysons

International Place at Tysons is a mixed-use development project by
Stafford, Virginia-based developer, Garrett Cos. It owns a real
property located at 8201 Leesburg Pike, Vienna.  Meanwhile,
Leesburg's key asset is a real property located at 8133 Leesburg
Pike, Vienna.

The owners of the project, International Place at Tysons, LLC, and
8133 Leesburg Pike, LLC, filed petitions for Chapter 11 bankruptcy
protection (Bankr. E.D. Va. Case Nos. 18-10431 and 18-10432) on
Feb. 6, 2018.

In the petitions signed by Andrew S. Garrett, president of manager,
each debtor estimated $10 million to $50 million in assets and $10
million to $50 million in debt.

The Hon. Brian F. Kenney oversees the cases.

Hirschler Fleischer is the Debtors' legal counsel.


JLF 114 LIBERTY: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: JLF 114 Liberty, LLC
        114 Liberty Street, Apt. 8
        New York, NY 10006

Business Description: JLF 114 Liberty, LLC listed its business
                      as a Single Asset Real Estate (as defined
                      in 11 U.S.C. Section 101(51B)).

Chapter 11 Petition Date: March 2, 2018

Case No.: 18-10608

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

Debtor's Counsel: Paul A. Rachmuth, Esq.
                  PAUL A. RACHMUTH, ESQ.
                  265 Sunrise Highway, Ste. 62
                  Rockville Centre, NY 11570
                  Tel: (516) 330-0170
                  Email: paul@paresq.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by James A. Fernandez, managing member.

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/nysb18-10608.pdf


K-MAC HOLDINGS: Moody's Assigns B3 Corporate Family Rating
----------------------------------------------------------
Moody's Investors Service assigned first time ratings to K-Mac
Holdings Corp., including a B3 Corporate Family Rating (CFR) and
B3-PD Probability of Default Rating. Moody's additionally assigned
B2 ratings to K-Mac's proposed $50 million senior secured 1st lien
revolver and $355 million senior secured 1st lien term loan, and a
Caa2 rating to its proposed $115 million senior secured 2nd lien
term loan. The outlook is stable.

Proceeds from the proposed $355 million 1st lien term loan and $115
million 2nd lien term loan will be used to fund a $96 million cash
dividend to shareholders, refinance approximately $364 million of
existing outstanding debt, and pay $10 million in related
transaction fees and expenses. The ratings are subject to the
execution of the proposed transaction and Moody's receipt and
review of final documentation.

"K-Mac's B3 CFR reflects the company's high leverage as a result of
the proposed dividend refinancing, its modest size and scale, and
regional concentration," stated Adam McLaren, Moody's AVP-Analyst.
Moody's expects lease adjusted leverage on a pro-forma basis of
near 6.6x for the year ended 12/31/17. However, the ratings also
recognize the strength and awareness of the Taco Bell brand,
K-Mac's good liquidity and the expectation that leverage will
improve from levels following closing.

Assignments:

Issuer: K-Mac Holdings Corp

-- Probability of Default Rating, Assigned B3-PD

-- Corporate Family Rating, Assigned B3

-- Senior Secured Revolving Credit Facility, Assigned B2(LGD3)

-- Senior Secured 1st Lien Term Loan, Assigned B2(LGD3)

-- Senior Secured 2nd Lien Term Loan, Assigned Caa2(LGD5)

Outlook Actions:

Issuer: K-Mac Holdings Corp

-- Outlook, Assigned Stable

RATINGS RATIONALE

The B3 Corporate Family Rating reflects K-Mac's high leverage
level, given the company's modest size and scale with regards to
total number of restaurants and revenue, restaurant concentration
in the south central region of the US, notably Oklahoma, Arkansas
and Missouri, as well as an aggressive financial policy. The rating
is supported by the strength, value proposition, and high level of
awareness of the Taco Bell brand. The rating is further supported
by the company's good liquidity and expectation that leverage will
come down as a result of debt repayment above required amortization
levels.

The stable outlook reflects Moody's view that debt protection
metrics will gradually improve as new locations continue to be
developed, existing stores remodeled and management focuses on debt
reduction over and above required amortization. The stable outlook
also reflects that K-Mac will continue to have good liquidity.

Factors that could result in an upgrade include stronger credit
metrics, with continued increase in size, scale, and geographic
diversification. A higher rating would require debt to EBITDA under
5.5 times and EBIT coverage of interest expense of near 1.75 times,
on a sustained basis. An upgrade would also require good
liquidity.

A downgrade could occur if credit metrics weaken from current
levels (6.6x pro-forma lease adjusted debt to EBITDA) or if a more
aggressive financial policy, including additional debt financed
dividends without prior reductions in leverage, were instituted. A
deterioration in liquidity could also result in a downgrade.

The principal methodology used in these ratings was Restaurant
Industry published in January 2018.

K-Mac Holdings Corp., headquartered in Fort Smith, Arkansas, owns
and operates 285 Taco Bell and 6 Golden Corral franchised
restaurants throughout the south central region of the US. Annual
revenue is approximately $450 million. K-Mac is majority owned by
Lee Equity Partners.


KAR AUCTION: Moody's Puts B1 CFR Under Review for Downgrade
-----------------------------------------------------------
Moody's Investors Service placed KAR Auction Services, Inc.'s
credit ratings, including the B1 Corporate Family Rating (CFR) and
Ba2 and B3 ratings for its senior secured and senior unsecured
debt, respectively, under review for downgrade. The ratings action
was prompted by the company's announcement that it plans to
spin-off its Insurance Auto Auctions (IAA) salvage auction business
into a separate publicly-traded company. The remaining businesses
will mainly comprise KAR's whole car auction and floor plan lending
services.

RATINGS RATIONALE

The planned separation of the businesses is expected to be complete
within the next 12 months. KAR expects to file financial
disclosures of the two entities on a standalone basis and provide
details of capital structures at the two entities over the next few
months. Management expects to target credit ratings for the
standalone entities that will be consistent with KAR's existing
credit ratings.

Moody's placed KAR's ratings under review for downgrade to reflect
standalone entities' diminished scale and revenue diversity as well
as uncertainty about their financial risk profile and
profitability. The salvage auction business had strong demand
prospects and was growing at higher organic growth rates than the
whole car auction business. Moody's review of KAR's ratings will
focus on (i) the final capital structure, (ii) profitability and
capital requirements, including acquisition strategy, and, (iii)
financial policies of the successor entities upon separation.
Assuming that total leverage (including borrowings under
securitization facilities) at the standalone entities is similar to
KAR's existing leverage and no material changes in financial
performance or structure, Moody's expects the CFR to be either
confirmed or downgraded by one notch.

The existing B1 CFR reflects KAR's large scale and leading market
position in the used and salvage vehicles auction services
industry. Moody's expects the consolidated company to generate
revenue growth of about 6% in 2018, maintain leverage near 5x and
generate free cash flow of about 4% of total adjusted debt.

The following ratings were placed on review for downgrade:

Issuer: KAR Auction Services, Inc.

-- Corporate Family Rating, B1

-- Probability of Default Rating, B1-PD

-- Senior secured revolving credit facility due 2021, Ba2 (LGD2)

-- Senior secured term loan due 2021, Ba2 (LGD2)

-- Senior secured term loan due 2023, Ba2 (LGD2)

-- Senior notes due 2025, B3 (LGD5)

Outlook Actions:

Issuer: KAR Auction Services, Inc.

-- Outlook, Changed to Rating Under Review from Stable

KAR is a leading provider of vehicle auction services in North
America and the UK.


KERR-ALBERT OFFICE: Hires Wernette Heilman as Counsel
-----------------------------------------------------
Kerr-Albert Office Supply, Inc., seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Michigan to employ
Wernette Heilman PLLC, as counsel to the Debtor.

Kerr-Albert Office requires Wernette Heilman to:

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

   b. administer the bankrutcy case and the exercise of oversight
      with respect to Debtor's affairs, including all issues
      arising from or impacting Debtor or the Chapter 11 case;

   c. prepare necessary applications, motions, memoranda, orders,
      reports, and other legal papers;

   d. appear in Court and at meetings to represent the interests
      of the Debtor;

   e. negotiate with creditors and other parties in interest;

   f. prepare and prosecute a Chapter 11 plan of reorganization;
      and

   g. perform all other legal services for Debtor in connection
      with the Chapter 11 case.

Wernette Heilman will be paid at these hourly rates:

     Attorneys                   $310-$320
     Paralegals                  $115

Before commencement of the bankruptcy case, Wernette Heilman
received the amount of $10,000. Wernette Heilman applied $7,527.09
of this amount to fees and expenses incurred before the filing of
the Chapter 11 bankruptcy petition but not yet billed, and $1,717
to the Chapter 11 filing fee.

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

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

Wernette Heilman can be reached at:

     Ryan D. Heilman, Esq.
     Michael R. Wernette, Esq.
     WERNETTE HEILMAN PLLC
     24725 W. 12 Mile Rd., Suite 110
     Southfield, MI 48034
     Tel: (248) 663-5146
     E-mail: ryan@wernetteheilman.com

          About Kerr-Albert Office Supply, Inc.

Founded in 1961, Kerr-Albert Office Supplies is a family owned
business in Port Huron, Michigan. The Company operates a store that
provides a full line of products and services in office supplies,
equipment and furniture industry. The Company has two convenient
locations to service the Metro Detroit and Port Huron areas.
http://www.kerralbert.com/

Kerr-Albert Office Supply, Inc., based in Port Huron, MI, filed a
Chapter 11 petition (Bankr. E.D. Mich. Case No. 18-41510) on
February 5, 2018. The Hon. Marci B McIvor presides over the case.
Ryan D. Heilman, Esq., at Wernette Heilman PLLC, serves as
bankruptcy counsel.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities. The petition
was signed by Ernest Albert, president.



LAKESHORE PROPERTIES: To Pay MLIC, Metlife Loans in 3 Years
-----------------------------------------------------------
Lakeshore Properties of South Florida LLC, Okeechobee CC-1 Land
Trust, Okeechobee CC-II Land Trust and Okeechobee CC-III Land Trust
filed with the U.S. Bankruptcy Court for the Southern District of
Florida a joint third amend disclosure statement describing their
joint third amended plan of reorganization dated Feb. 27, 2018.

The joint third amended plan provides that the Debtors intend to
restructure and satisfy the loans with MLIC Asset Holdings and
Metropolitan Life Insurance Company or MetLife. Upon the Effective
Date, the Debtors will distribute to MLIC $500,000 from the plan
escrow and commence making payments. The $500,000 will be used to
satisfy an approximately $299,000 loan due from Lakeshore.
Approximately $127,000 will be utilized to reimburse MetLife and
MLIC for protective advances on behalf of the Debtors and the
balance of approximately $72,000 will be applied to reduce the
outstanding balance on the prepetition balance. The Debtors have
listed the ranch in Okeechobee County, Florida for sale for
$17,000,000. If and when the ranch sells, the Debtors will utilize
the proceeds to pay-off the loans due to MLIC first and the
balance, if any, will be utilized to pay the remaining principal
due to MetLife or pay down amounts due to MLIC and MetLife. In
addition, the Debtors will utilize the field grown tree inventory
owned by Okeechobee Farm Lands, Inc., to further reduce the balance
due to MetLife and MLIC from tree sales by Manuel Diaz Farms.

The Debtors' financial projections show that the Debtors will have
sufficient revenues to pay the obligations under the Plan. The Plan
provides for the payment of all principal due to MetLife and MLIC
within three years from the Effective Date of the Plan. The Debtors
will accomplish this through land sales and tree sales. The Debtors
own the land upon which substantial ornamental trees are grown
pursuant to a lease with Okeechobee Farm Lands, Inc., who is the
owner of the field grown trees. Economic conditions have been
unfavorable for the disposition of either the land or the
liquidation of the tree inventory. With the destruction caused by
Hurricane Irma throughout Florida and the Caribbean, these Debtors
are able to benefit from Okeechobee Farm Lands' vast inventory that
will be utilized to help rebuild many areas that were adversely
impacted by the hurricane's destruction.

A copy of the Joint Third Amended Disclosure Statement is available
at:

      http://bankrupt.com/misc/flsb17-21866-93.pdf

A copy of the Third Amended Joint Reorganization Plan is available
at:

     http://bankrupt.com/misc/flsb17-21866-94.pdf

         About Lakeshore Properties  of South Florida

Formed in 2002, Lakeshore Properties of South Florida, LLC, is a
Florida Limited Liability Company engaged in activities related to
real estate.  Its principal assets are located in Okeechobee
County, Florida.

Lakeshore Properties of South Florida filed for Chapter 11
bankruptcy protection (Bankr. S.D. Fla. Case No. 17-21866) on Sept.
28, 2017.  In the petition signed by Manuel C. Diaz, its managing
member, the Debtor estimated assets up to $50,000 and its
liabilities at $10 million and $50 million.  Judge Robert A. Mark
presides over the case.  Nicholas B. Bangos, Esq., at Nicholas B.
Bangos, P.A., serves as the Debtor's bankruptcy counsel.  An
official committee of unsecured creditors has not been appointed in
the Chapter 11 case.


LDJ ENTERPRISE: Hires John R.B. Braddock as Accountant
------------------------------------------------------
LDJ Enterprise, LLC, seeks authority from the U.S. Bankruptcy Court
for the Northern District of Mississippi to employ John R.B.
Braddock, CPA, as accountant to the Debtor.

LDJ Enterprise requires John R.B. Braddock to:

   (a) analyze books and records which reflect the operation of
       the Debtor's business prior and subsequent to commencement
       of the bankruptcy case;

   (b) prepare financial statements for the Debtor and its
       affiliates;

   (c) examine transactions between the Debtor and various of its
       creditors and affiliates within two years before
       commencement of this case and subsequent thereto;

   (d) review the loans receivable and all transactions between
       the Debtor and its officers, employees, or stockholders;

   (e) participate in the taking of inventories of the Debtor's
       assets;

   (f) review cash receipts and disbursements for various periods
       prior to commencement of the bankruptcy case;

   (g) review all financial information prepared for the Debtor's
       business operation during administration of the bankruptcy
       case;

   (h) analyze financial and accounting aspects of various
       contract negotiations which may occur during the operation
       of the Debtor's business;

   (i) evaluate claims asserted by various creditors;

   (j) review and prepare pro forma balance sheets, profit and
       loss statements, and other projections of the Debtor's
       future business operation;

   (k) assist the Debtor in evaluating or formulating provisions
       of a Plan of Reorganization herein;

   (l) participate in meetings of the Debtor and Court hearings
       as appropriate; and

   (m) report to and consult with the Debtor and its
       representatives concerning the foregoing and such other
       financial or accounting matters on behalf of the Debtor as
       may become necessary in the bankruptcy case.

John R.B. Braddock will be paid at the hourly rate of $200.

John R.B. Braddock will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

John R.B. Braddock can be reached at:

      John R.B. Braddock
      JOHN R.B. BRADDOCK, CPA
      16420 E 9 Mile Rd
      Eastpointe, MI 48021

                    About LDJ Enterprise

Headquartered in Tupelo, Mississippi, LDJ Enterprise, LLC, filed
for Chapter 11 bankruptcy protection (Bankr. N.D. Miss. Case No.
17-11088) on March 23, 2017, estimating assets and liabilities of
less than $50,000.  Lisa Pulliam, its administrator, signed the
petition. The Debtor tapped Dalton Middleton, Esq., at Middleton &
Tinsley Law Firm, PLLC, to serve as legal counsel in connection
with its Chapter 11 case.


LENEXA HOTEL: Court Decision to Dismiss Chapter 11 Case Remains
---------------------------------------------------------------
Judge Dale L. Somers of the U.S. Bankruptcy Court for the District
of Kansas entered an order granting Debtor Lenexa Hotel, L.P.'s
motion to dismiss its chapter 11 case after granting Holiday
Hospitality Franchising, LLC's motion for reconsideration and
estimation of secured claims. The motion of HHF to convert the
Debtor's case to Chapter 7 is denied.

The Court held its first hearing on the competing motions on Sept.
8, 2017, when it heard extensive arguments on the motions. There
was no request for discovery or for an evidentiary hearing. At the
close of the hearing, the parties and the United States Trustee
were granted leave to file additional briefs. Briefs were filed by
Debtor, HHF, and CoreFirst Bank & Trust, the Debtor's secured
lender. In addition, CoreFirst filed a proof of claim for
$20,785,920.06, comprised of a secured claim of $13,490,000, the
value of Debtor's real property, and an unsecured claim of
$7,295,920.06.9

On Sept. 29, 2017, during a telephonic hearing, the Court announced
its findings of fact and conclusions of law. Based on consideration
of the relevant factors from Helmers, the Court concluded that
dismissal would be in the best interests of creditors and the
estate.

HHF filed a motion for reconsideration on Oct. 10, 2017. HHF argued
that the Court erred when granting the motion to dismiss because
it: (1) improperly relied on CoreFirst's proof of claim that was
filed after the hearing on the competing motions; (2) mistakenly
construed the work-out agreement between Debtor, CoreFirst, and
Steven J. Craig; and (3) should have held an evidentiary hearing
before ruling on the competing motions. Debtor and CoreFirst
opposed reconsideration. HHF also filed an objection to CoreFirst's
proof of claim.

The Court granted the motion to reconsider. It pointed out that
when it granted the motion to dismiss, HHF had clearly waived any
right to an evidentiary hearing. It further noted it had relied on
statements of CoreFirst's counsel in the bank's brief about the
amount of the bank's secured claim if only three of its five
mortgages secured its claim, rather than on the bank's post-hearing
proof of claim. Nevertheless, the Court found that HHF’s
challenges to the estimated amount of CoreFirst's secured claim
could have merit and should be considered. The Court ruled that an
evidentiary hearing would be held on one issue, estimating the
amount of CoreFirst's secured claim, and if necessary, a subsequent
evidentiary hearing would be held to estimate Ventura Hotel
Corporation's secured claim. With respect to the other ground for
reconsideration, the Court held that any misunderstanding of the
work-out agreement was not material to its decision to dismiss.

Upon deliberation, the Court concludes that the estimations of
CoreFirst's and Ventura's claims and the expiration of the work-out
agreement do not change the result -- dismissal of the case is in
the best interests of creditors and the estate.

First, the Court observes that the basic premises supporting
dismissal have not changed as a result of the hearings after the
motion to reconsider was granted. The hotel still must be sold; the
sale proceeds will be maximized by a sale outside of bankruptcy,
rather than in Chapter 7; and if the sale took place in a Chapter 7
proceeding, the sale proceeds would likely be less than the
estimated claims secured by the property, leaving no equity for the
payment of unsecured claims. When initially granting dismissal, the
Court estimated that CoreFirst's secured claim would exceed the
value of the real property, leaving no value in Debtor's primary
asset for payment of unsecured creditors.

After two evidentiary hearings, the Court now estimates CoreFirst's
secured claim to be less than the value of the real property,
leaving some equity beyond that claim, but also estimates Ventura's
secured claim to be far in excess of that remaining equity. If the
case were converted to Chapter 7, unsecured creditors would be
unlikely to receive any distribution attributable to the sale of
the real property. In addition, if the Court's claim estimates are
correct, in a Chapter 7 case, CoreFirst's and Ventura's unsecured
claims would dwarf those of the other unsecured creditors, whom HHF
erroneously argues would benefit from conversion.

As previously observed, the Debtor's only significant asset other
than its real property is its claim against HHF that is being
litigated in federal district court. During oral argument following
the Jan. 17, 2018 evidentiary hearing, counsel for HHF did not
dispute the Court's observation that HHF's motivation for its
vigorous opposition to dismissal appears to be to obtain the
transfer of control of that litigation to a Chapter 7 trustee. But
the Court fails to comprehend how this would benefit unsecured
creditors other than HHF. In addition, if the case is dismissed and
Debtor obtains a judgment, unsecured creditors could use state and
federal law remedies to obtain payment of their claims.

A full-text copy of Judge Somers' Memorandum Opinion and Judgment
dated Feb. 26, 2018 is available at:

     http://bankrupt.com/misc/ksb16-22172-289.pdf

About Lenexa Hotel

Lenexa Hotel owns and operates a hotel at 12601 West 95th Street,
Lenexa, Kansas 66215.  It is a Kansas limited partnership that was
originally formed in 1982.  After formation, Lenexa acquired the
Hotel, which had been operating at the site since construction in
1971.  The hotel has operated under various brands throughout its
history, and currently operates under a franchise agreement with
Holiday Hospitality Franchising, Inc., under the Crowne Plaza
brand.

Lenexa Hotel filed a Chapter 11 bankruptcy petition (Bankr. D.
Kan.
Case No. 16-22172) on Nov. 1, 2016.  In its petition, the Debtor
estimated $1 million to $10 million in assets and $10 million to
$50 million in liabilities.  The petition was signed by Stephen J.
Craig, president.

Lentz Clark Deines PA represents the Debtor as counsel.  Brennan
Fagan and Fagan Emert & Davis, LLC, and the Skepnek Law Firm have
been tapped as special counsel.  Michele C. Hammann, SS&C
Solutions, Inc, and Summers, Spencer & Company, P.A., serve as
accountants.


LIFESTAT AMBULANCE: Wants Plan Filing Extended to April 30
----------------------------------------------------------
Lifestat Ambulance Service, Inc., asks the U.S. Bankruptcy Court
for the Western District of Pennsylvania to extend until April 30,
2018, the exclusive period during which only the Debtor can file a
plan of reorganization.

The deadline for the Debtor to file a Chapter 11 Plan and
Disclosure Statement expires on Feb. 27, 2018, pursuant to the
agreed scheduling court order dated Sept. 18, 2017.

The Debtor continues to operate as a Debtor in possession and
continues to meet the operating requirements of a Chapter 11
Debtor.

The Debtor has filed monthly financial reports for each month of
the Chapter 11 proceeding up through December 2017.  The Debtor is
still preparing the report for January 2018 and that report will
filed imminently.

The Debtor has paid all U.S. Trustee fees as they have come due
since the filing of the Chapter 11 case.

The Debtor continues to honor the cash collateral agreement with
First National Bank of PA and CAN Capital Asset Servicing, Inc.

The Debtor desires to file a consensual plan with secured creditors
but needs more time in order to negotiate and prepare a feasible
Chapter 11 Plan.

Since reaching an agreement with respect to cash collateral with
First National Bank of PA and CAN Capital Asset Servicing, Inc., no
creditors or parties in interest have taken a position adverse to
allowing the Debtor to continue to operate while it continues to
reorganize and ultimately file a Chapter 11 Plan.

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

        http://bankrupt.com/misc/pawb17-70646-99.pdf

              About Lifestat Ambulance Service

Headquartered in Saltsburg, Pennsylvania, Lifestat Ambulance
Service, Inc., filed for Chapter 11 bankruptcy protection (Bankr.
W.D. Pa. Case No. 17-70646) on Aug. 31, 2017, estimating its assets
and liabilities at between $100,001 and $500,000.  Christopher M.
Frye, Esq., at Steidl & Steinberg, serves as the Debtor's
bankruptcy counsel.


LIGNUS INC: Latest Plan to Pay Unsecured Creditors in 8 Years
-------------------------------------------------------------
Unsecured creditors of Lignus, Inc., will be paid in full within
eight years after the company's proposed Chapter 11 plan of
reorganization is confirmed, according to filings with the U.S.
Bankruptcy Court for the Southern District of California.

Under the latest plan, creditors holding Class 6 general unsecured
claims will be paid in full, with interest, within eight years
after confirmation, and that the company may be required on the
eighth year to secure funding from lending sources outside of its
normal business operations to fully pay the claims.

Lignus believes that the amount will be small enough and manageable
enough to be able to secure such funding.  The amount is estimated
to be approximately $25,000, according to the company's latest
disclosure statement filed on Feb. 15.

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

             http://bankrupt.com/misc/casb17-05475-95.pdf

                        About Lignus, Inc.

Established in 2004, Lignus, Inc., is a privately held company
engaged in the lumber, plywood, and millwork trade.  Lignus filed a
Chapter 11 petition (Bankr. S.D. Cal. Case No. 17-05475) on Sept.
8, 2017.  In the petition signed by CFO Jose Gaitan, the Debtor
estimated assets and liabilities between $1 million and $10
million.  

The case is assigned to Judge Christopher B. Latham.  The Debtor
hired the Law Offices of Kit J. Gardner as its bankruptcy counsel;
Curry Advisors, A Professional Law Corporation, as special counsel;
and Integro Consultants as accountant.


LUPETTO INC: Hires Becker & Poliakoff as Counsel
------------------------------------------------
Lupetto, Inc., seeks authority from the U.S. Bankruptcy Court for
the Southern District of Florida to employ Becker & Poliakoff,
P.A., as counsel to the Debtor.

Lupetto, Inc., requires Becker & Poliakoff to:

   a. give advice to the Debtor with respect to his powers and
      duties as debtor-in-possession;

   b. advise the Debtor with respect to its responsibilities in
      complying with the U.S. Trustee's Operating Guidelines and
      Reporting Requirements and with the rules of the Court;

   c. prepare motions, pleadings, orders, applications, adversary
      proceedings, and other legal documents necessary in the
      administration of the case;

   d. protect the interests of the Debtor in all matters pending
      before the Court; and

   e. represent the Debtor in negotiation with his creditors in
      the preparation of a plan.

Becker & Poliakoff will be paid based upon its normal and usual
hourly billing rates. The firm will also be reimbursed for
reasonable out-of-pocket expenses incurred.

Jon Polenberg, a partner at Becker & Poliakoff, P.A., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Becker & Poliakoff can be reached at:

     Jon Polenberg, Esq.
     Yasin Daneshfar, Esq.
     BECKER & POLIAKOFF, P.A.
     1 East Broward Blvd., Suite 1800
     Fort Lauderdale, FL 33301
     Tel: (954) 987-7550
     Fax: (954) 985-4176
     E-mail: jpolenberg@polenbergcooper.com
             ydaneshfar@polenbergcooper.com

                         About Lupetto

Lupetto, Inc., is a privately held company in Miami Beach, Florida
engaged in activities related to real estate.

Lupetto, Inc., based in Miami Beach, FL, filed a Chapter 11
petition (Bankr. S.D. Fla. Case No. 18-10791) on Jan. 22, 2018.  In
the petition signed by Monica Tirado, vice president, the Debtor
estimated $500,000 to $1 million in assets and $1 million to $10
million in liabilities.  The Hon. Robert A Mark presides over the
case.  Jon Polenberg, Esq., at Becker & Poliakoff, P.A., serves as
bankruptcy counsel.




MANLEY TOYS: Bankruptcy Court Junks Aviva Bid for Stay Relief
-------------------------------------------------------------
Judge Jerrold N. Poslusny, Jr., of the U.S. Bankruptcy Court for
the District of New Jersey entered an order denying the motion for
stay relief filed by ASI, Inc., f/k/a Aviva Sports, Inc.

The Court previously issued a ruling as to part of the motion and
reserved as to the remainder. Debtor Manley Toys Limited is a
foreign corporation that has entered voluntary liquidation
proceedings of the Hong Kong Companies (Winding Up and
Miscellaneous Provisions) Ordinance of Hong Kong statutory law. On
March 22, 2016, Matt Ng and Robert Lees, in their capacities as the
duly appointed joint and several liquidators of the Debtor filed a
petition under Chapter 15 of Title 11 of the United States Code on
behalf of the Debtor for recognition of a foreign main proceeding.
On April 1, 2016, the Court entered a provisional stay order, which
incorporated the protections of section 362 of the Bankruptcy Code
by its terms. Aviva filed this motion on Sept. 13, 2016. The
Liquidators oppose the Motion.

Aviva wished to move forward with two causes of action against Toy
Quest Limited, an affiliate of the Debtor; the first is a claim for
fraudulent transfer, and the second is an alter ego claim.

In addition Aviva sought stay relief to: (a) take post-judgment
discovery from the Debtor or the Liquidators concerning the
judgment it obtained against the Debtor or regarding the judgment
it obtained against Manley Toy Direct; (b) request from courts in
the United States relief with respect to the Debtor or the
Liquidators to ensure the preservation of evidence relating to the
judgments it obtained against the Debtor or Manley Toy Direct; (c)
seek injunctive sanctions against the Debtor for violating
post-judgment discovery orders issued pre-petition by the Minnesota
Federal Court; and (d) seek to amend complaints or judgments to
include third parties.

Aviva argued that the alter ego and fraudulent transfer claims are
not being brought against the Debtor or its property, but instead
against an affiliate of the Debtor. Therefore, Aviva argued,
neither the Stay Order, nor the automatic stay, should apply to
prevent Aviva from bringing these claims, or, in the alternative,
that the stay should be lifted to permit Aviva to move forward with
those actions. In response, the Liquidators argued that Aviva
should be stayed from pursuing these actions, as the actions
themselves are property of the Debtor, and as such can be brought
only by the Liquidators. Thus, the issue here is whether these
claims belong to the Debtor, or whether they may be brought by
individual creditors.

Under Hong Kong law, while fraudulent transfer claims may be
available to individual creditors outside of a liquidation
proceeding, these claims belong to the Liquidators once the
corporation is being wound up. Preserving these claims for the
Liquidators ensures that all creditors of equal priority share pari
passu, which is a policy wholly consistent with U.S. Bankruptcy
law. Regarding the alter ego claim, the Court finds this claim is
not available to Aviva because, assuming Aviva’s allegations are
accurate, a ruling in its favor would benefit all creditors
equally, making this a generalized claim, properly brought by the
Liquidators. Further, for the same policy reasons that the
fraudulent transfer claims are not available, permitting Aviva to
move forward with an alter ego claim individually would risk
violating the policy of equality of distribution, allowing Aviva to
recover its claim against assets of the Debtor at the expense of
other creditors of equal rank. The Court concludes that the stay
properly applies to fraudulent transfer and alter ego claims
against the non-debtor Toy Quest, and only the Liquidators may
bring such claims. As such, that portion of the relief requested in
the motion is denied.

The Court also finds that Aviva's request for relief to pursue
orders in other courts requiring the Liquidators to preserve
evidence related to the judgments Aviva has obtained is too broad.
The Liquidators have mandates under Hong Kong law and have stated
they are taking steps to preserve such evidence. Any additional
specific requirements Aviva wishes to have imposed upon the
Liquidators should be made with this Court, which will make a
determination on a case by case basis. Similarly, Aviva's request
for relief to pursue injunctive sanctions against the Debtor is
denied, as the Debtor is no longer operating, and any such relief
would merely the Liquidators ability to marshal the Debtor's
assets.

However, Aviva's requests for relief from the stay to permit Aviva
to pursue post-judgment discovery form the Debtor or the
Liquidators, and to amend any judgments or complaints is granted to
the extent consistent with this opinion.

A full-text copy of Judge Poslusny's Memorandum Decision dated Feb.
23, 2018 is available at:

     http://bankrupt.com/misc/njb16-15374-276.pdf

Matt Ng and John Robert Lees filed a petition under Chapter 15 of
the Bankruptcy Code for Hong Kong-based Manley Toys Limited on
March 22, 2016 (Bankr. D.N.J., Case No.: 16-15374).  Manley Toys is
engaged in the development, sourcing, and marketing of toys,
children's products and party supplies.  The case is before Judge
Jerrold N. Poslusny Jr.

The Chapter 15 Petitioners are represented by Stephen M. Packman,
Esq., at Archer & Greiner, P.C., in Haddonfield, New Jersey.


MARKPOL DISTRIBUTORS: Case Summary & 20 Top Unsecured Creditors
---------------------------------------------------------------
Debtor: Markpol Distributors, Inc.
        955 Lively Blvd.
        Wood Dale, IL 60191

Business Description: Markpol Distributors, Inc. --
                      http://markpoldistributors.com-- is a
                      food distributor specializing in European
                      grocery merchandise imported from European
                      exporters.  The Company's customers may
                      select an offering of 4 to 24 feet
                      selection of assorted grocery merchandise
                      appealing to the American and European
                      consumer.  Markpol is headquartered
                      in Wood Dale, Illinois.

Chapter 11 Petition Date: March 2, 2018

Court: United States Bankruptcy Court
       Northern District of Illinois (Chicago)

Case No.: 18-06105

Judge: Hon. Benjamin A. Goldgar

Debtor's Counsel: Shelly A. DeRousse, Esq.
                  FREEBORN & PETERS LLP
                  311 South Wacker Drive, Suite 3000
                  Chicago, IL 60606
                  Tel: 312-360-6315
                  Fax: 312-360-6520
                  E-mail: sderousse@freeborn.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Mark Kozyra, 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/ilnb18-06105.pdf


MASSENGILL INVESTMENTS: Hires Scarborough & Fulton as Counsel
-------------------------------------------------------------
Massengill Investments, LLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Tennessee to employ
Scarborough & Fulton, as counsel to the Debtor.

Massengill Investments requires Scarborough & Fulton to:

   a. assist the Debtor in the preparation of its schedules,
      statement of affairs and the periodic financial reports
      required by the Bankruptcy Code, the Bankruptcy Rules and
      any other order of the Court;

   b. assist the Debtor in consultation and negotiation and all
      other dealings with creditors, equity, security holders and
      other parties in interest concerning the administration of
      the bankruptcy case;

   c. prepare pleadings, conduct investigations and make court
      appearances incidental to the administration of the
      Debtor's estate;

   d. advise the Debtor of its rights, duties and obligations
      under the Bankruptcy Code, Bankruptcy Rules, Local Rules
      and orders of the Court;

   e. assist the Debtor in the development and formulation of a
      plan of reorganization including the preparation of a plan,
      disclosure statement and any other related documents for
      submission to the Court and to Debtor's creditors, equity
      holders and other parties in interest;

   f. advise and assist the Debtor with respect to litigation
      related to the administration of Debtor's case;

   g. render corporate and other legal advise and perform all
      those legal services necessary and proper to the
      functioning of the Debtor during the pendency of the
      bankruptcy case; and

   h. take any and all necessary actions in the interest of the
      Debtor and its estate incident to the proper representation
      of the Debtor and the administration of the bankruptcy
      case.

Scarborough & Fulton will be paid at these hourly rates:

     Attorneys                    $375
     Legal Assistants             $125

Scarborough & Fulton will be paid a retainer in the amount of
$15,000, and the filing fee of $1,717.

Scarborough & Fulton will also be reimbursed for reasonable
out-of-pocket expenses incurred.

David J. Fulton, sole member of the firm, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Scarborough & Fulton can be reached at:

     David J. Fulton, Esq.
     SCARBOROUGH & FULTON
     620 Lindsay St. Ste 240
     Chattanooga, TN 37403
     Tel: (423) 648-1880
     Fax: (423) 648-1881
     E-mail: djf@sfglegal.com

                   About Massengill Investments

Massengill Investments LLC, doing business as Premier Tire & Auto
Service, is a privately held company in Cleveland, Tennessee in the
general automotive repair shop business.

Massengill Investments LLC, based in Cleveland, TN, filed a Chapter
11 petition (Bankr. E.D. Tenn. Case No. 18-10733) on Feb. 20, 2018.
The Hon. Shelley D. Rucker presides over the case.  In the
petition signed by Barry L. Massengill, member, the Debtor
estimated $1 million to $10 million in both assets and liabilities.
David J. Fulton, Esq., at Scarborough & Fulton, serves as
bankruptcy counsel to the Debtor.


MEDOVEX CORP: Obtains $305,000 From Sale of Securities
------------------------------------------------------
MedoveX Corporation entered into a securities purchase agreement
with selected accredited investors on Feb. 26, 2018, pursuant to
which the Company sold an aggregate of 770,000 shares of Common
Stock and 385,000 Warrants to purchase Common Stock.  The Offering
resulted in $308,000 in gross proceeds to the Company.  

The Warrants have a five year term commencing six months from
issuance and an exercise price of $0.75.  The shares were sold at
$0.40 per share.  The Warrants are exercisable on a cashless basis
in the event that the underlying shares are not subject to an
effective registration statement.  The Shares of Common Stock sold
in the Offering were registered in the Company's effective
registration statement on Form S-3 (Reg No. 333-217411).

Each of the Investors is an "accredited investor" as that term is
defined in Rule 501 of Regulation D promulgated under the
Securities Act of 1933, as amended, and the warrants were sold to
them in reliance on the exemption from registration provided by
Rule 506 and Section 4(2) of the Act.

                       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.


MERITAGE HOMES: Fitch Rates $300MM Sr. Unsecured Notes 'BB'
-----------------------------------------------------------
Fitch Ratings has assigned a 'BB'/'RR4' rating to Meritage Homes
Corporation's (NYSE: MTH) offering of $300 million senior unsecured
notes due 2028. The notes will rank equally with all of the
company's other senior unsecured debt. The company intends to use
the net proceeds from the notes offering to repay borrowings under
its revolving credit facility of $250 million, including $175
million of borrowings from the redemption of MTH's $175 million
4.5% senior notes, which was completed on Feb. 26, 2018, and the
remainder for general corporate purposes.

KEY RATING DRIVERS

Moderate Geographic Diversity; Focused on Sweet Spots in the
Market: MTH operates in 22 markets in nine states, with
particularly heavy exposure to Texas, Arizona, California and
Florida. According to Builder Magazine, MTH ranked as the eighth
largest builder in the country in 2016. The company typically
focuses on the trade-up market, which has been the strongest
segment during the earlier part of this upcycle. However, MTH is
skewing its mix now more toward the first-time buyers segment (as
are other homebuilders), which is positioned better for this latter
part of this upcycle. MTH had a 30% entry-level mix in terms of
communities at year-end 2017 and aims to bring the mix within 35%
to 40% by year-end 2018.

Entry-Level/First-Time Buyer: The entry-level/first-time homebuyer
has typically represented about 40% of total industry housing sales
(new and existing). During the housing recovery that segment has
remained at approximately 30% of the total. Fitch expects that
customer segment will be more vibrant during the remainder of the
upcycle and help spur growth for MTH. The company has been buying
land over the past two years and designing and offering town homes
and smaller detached dwellings to serve the more affluent
entry-level/first-time buyer under its Entry Level Plus and
LiVE.NOW product offerings. MTH's high energy efficient standards
will be helpful in marketing to this customer segment.

Credit Metrics: MTH's Fitch-calculated net debt/capitalization
ratio (excluding $75 million of cash classified by Fitch as not
readily available for working capital) has consistently ranged from
40% to 45% for the past eight quarters and was 43% as of Dec. 31,
2017. Debt/EBITDA was about 4.1x at year-end of 2017, relatively
flat from 4.0x at year-end 2016 and 4.2x at year-end 2015. Interest
coverage was 4.0x, consistent with fiscal years 2015 and 2016.
Fitch expects MTH's credit metrics will be relatively stable in the
next few years, with net debt/capitalization between 40% to 45%,
debt/EBITDA between 3.5x to 4.0x and interest coverage around
4.0x.

Land and Development Spending: The company spent about $1 billion
on land and development activities during 2017, modestly higher
than the $901 million spent during 2016. MTH had negative cash flow
from operations (CFFO) of $103.4 million in 2016 and $87.1 million
in 2017. Management expects land and development spending will be
relatively flat in 2018 compared with 2017. Fitch expects the
company will again be modestly CFFO negative in 2018, and Fitch is
comfortable with this strategy given the company's liquidity
position and management's demonstrated ability to manage land and
development spending. Fitch expects management will pull back on
spending if the current moderate recovery stalls or dissipates.

Land Position: As of Dec. 31, 2017, the company controlled 34,319
lots of which 68.1% were owned and the remaining lots controlled
through options. Based on LTM closings, MTH controlled 4.5 years of
land and owned roughly 3.0 years of land. The company's owned lot
position is in line with the homebuilders in Fitch's coverage,
while its total lot position is slightly below the group's
five-year average.

Speculative (Spec) Building Activity: As of Dec. 31, 2017, MTH had
2,086 spec homes, of which 31% were completed. Total specs at the
end of the year were 23.3% higher versus the year ago period. This
translates to about 8.5 specs per community at Dec. 31, 2017
compared with 7.0 last year.

The company has spec homes in order to facilitate delivery of homes
on an immediate-need basis, particularly for its entry level
products. Of the total number of homes closed during 2017, 49% were
spec homes, which included both those started as spec and those
started under a contract that was later cancelled and became spec
inventory. In general, spec homes carry a lower margin compared
with presold homes, as was particularly the case during the sharp
housing downturn. However, according to management, the margins for
spec homes compared to pre-sold homes have narrowed quite a bit at
this stage of the cycle.

DERIVATION SUMMARY

MTH's rating reflects the company's execution of its business model
in the current moderately recovery housing environment, its
conservative land policies, geographic diversity and healthy
liquidity position. The ratings also take into account MTH's
ongoing emphasis on the entry level/first-time buyer, which is
expected to gradually represent a higher portion of home purchases
after not being as prominent during most of this upcycle.

MTH's credit metrics, including net debt/capitalization of 43%,
debt/EBITDA of about 4.0x and interest coverage of 4.0x, are
modestly weaker than that of Lennar (BB+/Positive), including net
debt/capitalization of 36%. MTH is also smaller (8th largest
builder with 2017 home closings of 7,709) and less geographically
diversified compared to Lennar (2nd largest builder with 29,322
home closings in 2017).

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for the issuer
include:

-- Total housing starts increase 5% (single-family starts improve

    7.5%), while new and existing home sales grow 8.0% and 1.5%,
    respectively, in 2018;
-- MTH's is modestly cash flow negative as the company continues
    to build its lot position;
-- The company's net debt/capitalization ratio remains between
    40% to 45%;
-- MTH's debt/EBITDA is between 3.5x to 4.0x and interest
    coverage remains around 4.0x during 2018;
-- The company maintains an adequate liquidity position (above
    $400 million with a combination of unrestricted cash and
    revolver availability).

RATING SENSITIVITIES

Developments that May, Individually or Collectively, Lead to
Positive Rating Action
-- MTH shows further improvement in credit metrics (such as net
    debt/capitalization consistently below 40%), while maintaining

    a healthy liquidity position (in excess of $500 million in a
    combination of cash and revolver availability) and generates
    consistent positive cash flow from operations as it manages
    its land and development spending.

Developments that May, Individually or Collectively, Lead to
Negative Rating Action
-- There is sustained erosion of profits due to either weak
    housing activity, meaningful and continued loss of market  
    share, and/or ongoing land, materials and labor cost pressures

    (resulting in margin contraction and weakened credit metrics,
    including net debt/capitalization sustained above 45%) and MTH

    maintains an overly aggressive land and development spending
    program that leads to consistent negative cash flow from
    operations, higher debt levels and diminished liquidity
    position. In particular, Fitch will be focused on assessing
    the company's ability to repay debt maturities with available
    liquidity and internally generated cash flow.

LIQUIDITY

Adequate Liquidity Position: At Dec. 31, 2017, MTH had $170.7
million of cash and no borrowings under its $625 million revolver
that matures in July 2021. MTH's maturities are well-laddered, with
the next major maturity in 2020, when $300 million of 7.15% senior
notes mature.

FULL LIST OF RATING ACTIONS

Fitch assigns the following rating to Meritage Homes Corporation:
-- $300 million senior unsecured notes offering due 2028
    'BB/RR4'.

Fitch currently rates Meritage Homes Corporation as follows:
-- Long-Term Issuer Default Rating 'BB';
-- Senior unsecured debt 'BB'/'RR4'.


MERITAGE HOMES: S&P Rates New $300MM Unsecured Notes 'BB'
---------------------------------------------------------
S&P Global Ratings assigned its 'BB' issue-level rating and '3'
recovery rating to Meritage Homes Corp.'s proposed $300 million
senior unsecured notes due 2028. The '3' recovery rating indicates
our expectation of meaningful (50%-70%, rounded estimate: 65%)
recovery in the event of payment default. S&P expects the company
to use proceeds from the issuance to repay $175 million of bonds
maturing in March 2018 and the remainder for general corporate
purposes.

S&P said, "Our rating on Meritage reflects the company's top-10
position in the fragmented, cyclical U.S. housing market, as well
as credit measures that are commensurate with the rating pro forma
for this notes issuance, with debt to EBITDA maintained between 3x
and 4x."

Ratings List

  Meritage Homes Corp.
   Corporate Credit Rating               BB/Stable/--

  New Rating
  Meritage Homes Corp.
   Senior Unsecured
   $300 mil sr notes due 2028            BB
    Recovery Rating                      3(65%)


MESOBLAST LIMITED: Posts H1 Net Profit of $6.7 Million
------------------------------------------------------
Mesoblast Limited provided the market with an update on its
operational highlights and consolidated financial results for the
six months ended Dec. 31, 2017 (the half-year of FY2018).  

Revenues in the half-year of FY2018 were significantly increased to
US$14.6 million, compared with US$0.9 million in the corresponding
period in 2017, an increase of US$13.7 million.  Net cash outflows
from operating activities for the half-year were reduced by US$11.2
million (24%), compared with the half-year of FY2017.  The Company
recorded a profit after tax of US$6.7 million, compared with a loss
after tax of US$39.8 million for the comparative period.

At Dec. 31, 2017, the Company had cash reserves of US$47.4 million.
Mesoblast is in advanced discussions with certain potential
strategic partners to strengthen its cash position to support
ramp-up of its commercial activities.

                     Operational Highlights

This has been a landmark period for Mesoblast.  The Company's first
Phase 3 trial reported the successful achievement of its primary
endpoint of Day 28 overall response for remestemcel-L (MSC-100-IV)
in steroid-refractory acute Graft Versus Host Disease (aGVHD).

This cell therapy is now well positioned to be Mesoblast's first
approved product in the United States.

Based on interactions with the United States Food and Drug
Administration (FDA), Mesoblast believes that successful results
from the completed Phase 3 trial through Day 100, together with Day
180 safety and quality of life parameters in these patients, may
provide sufficient clinical evidence for filing for MSC-100-IV in
the United States under an accelerated approval pathway.

In December 2017, Mesoblast received a Regenerative Medicine
Advanced Therapy (RMAT) designation from the FDA for MPC-150-IM in
end-stage heart failure patients with Left Ventricular Assist
Devices (LVADs).  The RMAT designation under the 21st Century Cures
Act aims to expedite the development of regenerative medicine
therapies intended for the treatment of serious diseases and
life-threatening conditions.  This trial completed enrollment in
the reporting period and the 12 month data readout will occur in Q3
CY2018.

Enrollment in Mesoblast's Phase 3 trial evaluating its proprietary
allogeneic mesenchymal precursor cell (MPC) product candidate
MPC-06-ID for chronic low back pain is expected to complete
imminently.

Full 52-week results in Mesoblast's Phase 2 trial of MPC-300-IV in
biologic refractory rheumatoid arthritis showed an early and
durable effect from a single infusion.

The strength of Mesoblast's intellectual property portfolio and its
strategy to protect its commercial rights were highlighted with the
license to TiGenix NV (TiGenix) of certain of its patents.  This
license supports the global commercialization of their
adipose-derived mesenchymal stem cell product Cx601 for the local
treatment of fistulae by Takeda Pharmaceutical Company Ltd.
Mesoblast will receive up to EUR20 million (approximately US$24
million) in payments, as well as single digit royalties on net
sales of Cx601.

                       Financial Highlights

At Dec. 31, 2017, the Company had cash reserves of US$47.4 million.
Revenues in the half-year of FY2018 were significantly increased
to US$14.6 million, compared with US$0.9 million in the
corresponding period in 2017, an increase of US$13.7 million.
Revenues for the period included US$11.8 million in connection with
the Company's patent license agreement with TiGenix which was
signed in the reporting period (including the upfront receipt of
US$5.9 million upon execution of its patent license agreement as
well as a further US$5.9 million recognized in the period but due
within 12 months), and milestone and royalties of US$2.6 million in
connection with sales of TEMCELL HS. Inj. by its licensee in Japan,
JCR Pharmaceuticals Co., Ltd (JCR).

Net cash outflows from operating activities for the half-year were
reduced by US$11.2m (24%), compared with the half-year of FY2017,
primarily as a result of a reduction of US$4.7 million in payments
to suppliers and employees and increased inflows of US$6.5 million
relating to the receipts from TiGenix and JCR.

The Company recorded a profit after tax of US$6.7 million, compared
with a loss after tax of US$39.8 million for the comparative
period.

A non-cash income tax benefit of US$26.2 million was recognized in
the half-year FY2018 as a result of changes in tax rates.  On Dec.
22, 2017, the United States signed into law the Tax Cuts and Jobs
Act (the Tax Act), which changed many aspects of U.S. corporate
income taxation, including a reduction in the corporate income tax
rate from 35% to 21%.

Mesoblast retains an equity facility for up to A$120 million/US$90
million, to be used at its discretion over the next 18 months to
provide additional funds as required.

               Financial Results for the Six Months
                      Ended December 31, 2017

Revenues were US$14.6 million in the half-year of FY2018 compared
with US$0.9 million in the half-year of FY2017, an increase of
US$13.7 million.

In addition to increasing revenues, the Company contained spend
whilst increasing its R&D investment in Tier 1 clinical programs by
deferring manufacturing production and constraining management and
administration costs.  Research and development expenses increased
by US$2.6 million (9%) and management and administration costs
increased by US$0.3 million (3%), these increases were offset by
cost savings of US$5.4 million (76%) for manufacturing for the
half-year of FY2018, compared with the half-year of FY2017.

There was a decrease of US$26.5 million (58%) in the loss before
income tax for the half-year of FY2018, compared with the half-year
of FY2017.

The main items which impacted the loss before income tax movement
were:

   * Revenues: the Company recognized milestone revenue of US$12.8
     million in the half-year of FY2018 compared to US$Nil in the
     half-year of FY2017, an increase of US$12.8 million.
     Milestone revenue of US$12.8 million in the half-year of
     FY2018 comprised: US$5.9 million (EUR5.0 million) upfront
     payments received upon execution of the Company's patent
     license agreement with TiGenix; a further US$5.9 million
     (EUR5.0 million) of milestone revenue was recognized in
     relation to product Cx601 under the terms of the TiGenix
     patent license agreement; and US$1.0 million in sales
     milestones on achievement of cumulative sales milestones on
     TEMCELL by its licensee in Japan, JCR.

     The Company recognized commercialization revenues from
     royalties on sales of TEMCELL by JCR of US$1.6 million in the
     half-year of FY2018 compared with US$0.7 million in the half-
     year of FY2017, an increase of US$0.9 million (139%).

   * Research and Development expenses were US$31.6 million for
     the half-year of FY2018, compared with US$29.0 million for
     the half-year of FY2017, an increase of US$2.6 million (9%)
     as the Company invested in Tier 1 clinical programs.

   * Manufacturing expenses were US$1.7 million for the half-year
     of FY2018, compared with US$7.1 million for the half-year of
     FY2017, a decrease of US$5.4 million (76%) due to a reduction

     in manufacturing activity because sufficient quantities of
     clinical grade product were previously manufactured for all
     ongoing clinical trials.

   * Management and Administration expenses were US$10.6 million
     for the half-year FY2018, compared with US$10.3 million for
     the half-year of FY2017, an increase of US$0.3 million (3%)
     due to increased labour costs for non-cash share based
     payments partially offset by a decrease in corporate overhead

     expenses such as rent, IT costs and professional service
     fees.

The overall decrease in loss before income tax also includes
movements in other items which did not impact current cash
reserves, such as: fair value remeasurement of contingent
consideration, and foreign exchange movements within other
operating income and expenses.

A non-cash income tax benefit of US$26.2 million and was recognized
in the half-year FY2018 in relation to the net change in deferred
tax assets and liabilities recognized on the balance sheet during
the period, primarily due to a revaluation of our deferred tax
assets and liabilities recognized as a result of changes in tax
rates.  On Dec. 22, 2017, the United States signed into law the Tax
Cuts and Jobs Act (the Tax Act), which changed many aspects of
United States corporate income taxation, including a reduction in
the corporate income tax rate from 35% to 21%.  The Company
recognized the tax effects of the Tax Act in the half-year FY2018,
the most significant of which was a tax benefit resulting from the
remeasurement of deferred tax balances to 21%.

A non-cash income tax benefit of US$6.2 million was recognized in
the half-year FY2017 in relation to the net change in deferred tax
assets and liabilities recognized on the balance sheet during the
period.

The net profit attributable to ordinary shareholders was US$6.7
million, or 1.46 cents earnings per share, for the half-year of
FY2018, compared with a net loss of US$39.8 million, or 10.41 cents
loss per share, for the half-year of FY2017.

             Financial Results for the Three Months
            Ended December 31, 2017 (second quarter)

Revenues were US$13.4 million in the second quarter of FY2018
compared with US$0.6 million in the second quarter of FY2017, an
increase of US$12.8 million.

In addition to increasing revenues the Company contained spend
whilst increasing its R&D investment in Tier 1 clinical programs by
deferring manufacturing production and constraining management and
administration costs.  Research and development expenses increased
by US$1.2 million (8%) and management and administration costs
increased by US$0.7 million (16%), these increases were offset by
cost savings of US$3.0 million (79%) for manufacturing for the
second quarter of FY2018, compared with the second quarter of
FY2017.

There was a decrease of US$13.5 million (58%) in the loss before
income tax for the second quarter of FY2018, compared with the
second quarter of FY2017.

The main items which impacted the loss before income tax movement
were:

   * Revenues: the Company recognized milestone revenue of US$12.3

     million in the second quarter of FY2018 compared to US$Nil in

     the second quarter of FY2017, an increase of US$12.3 million.

     Milestone revenue of US$12.3 million in the second quarter of

     FY2018 comprised: US$5.9 million (EUR5.0 million) upfront
     payments received upon execution of the Company's patent
     license agreement with TiGenix; a further US$5.9 million   
     (EUR5.0 million) of milestone revenue was recognized in
     relation to product Cx601 under the terms of the TiGenix
     patent license agreement; and US$0.5 million in sales
     milestones on achievement of cumulative sales milestones on
     TEMCELL by its licensee in in Japan.

     The Company recognized commercialization revenues from     
     royalties on sales of TEMCELL by its licensee in Japan, JCR,
     of US$0.9 million in the second quarter of FY2018 compared
     with US$0.4 million in the second quarter of FY2017, an
     increase of US$0.5 million (119%).

   * Research and Development expenses were US$16.2 million for
     the second quarter of FY2018, compared with US$15.0 million
     for the second quarter of FY2017, an increase of US$1.2
     million (8%) as the Company invested in Tier 1 clinical
     programs.

   * Manufacturing expenses were US$0.8 million for the second
     quarter of FY2018, compared with US$3.8 million for the
     second quarter of FY2017, a decrease of US$3.0 million (79%)
     due to a reduction in manufacturing activity because
     sufficient quantities of clinical grade product were
     previously manufactured for all ongoing clinical trials.

   * Management and administration expenses were US$5.6 million
     for the second quarter FY2018, compared with US$4.9 million   

     for the second quarter of FY2017, an increase of US$0.7
     million (16%) due to increased labour costs for non-cash
     share based payments partially offset by a decrease in
     corporate overhead expenses such as rent, IT costs and
     professional service fees.

The overall decrease in loss before income tax also includes
movements in other items which did not impact current cash
reserves, such as: fair value remeasurement of contingent
consideration, and foreign exchange movements within other
operating income and expenses.

A non-cash income tax benefit of US$23.3 million and was recognized
in the second quarter FY2018 in relation to the net change in
deferred tax assets and liabilities recognized on the balance sheet
during the period, primarily due to a revaluation of our deferred
tax assets and liabilities recognized as a result of changes in tax
rates.  On Dec. 22, 2017, the United States signed into law the Tax
Cuts and Jobs Act (the Tax Act), which changed many aspects of U.S.
corporate income taxation, including a reduction in the corporate
income tax rate from 35% to 21%.  The Company recognized the tax
effects of the Tax Act in the second quarter FY2018, the most
significant of which was a tax benefit resulting from the
remeasurement of deferred tax balances to 21%.



A non-cash income tax benefit of US$3.1 million was recognized in
the second quarter FY2017 in relation to the net change in deferred
tax assets and liabilities recognized on the balance sheet during
the period.

The net profit attributable to ordinary shareholders was US$13.7
million, or 2.91 cents earnings per share, for the second quarter
of FY2018, compared with a net loss of US$20.1 million, or 5.22
cents loss per share, for the second quarter of FY2017.

The financial report has been independently reviewed.  The
financial report is not subject to a qualified independent review
statement.  The independent audit review report includes the
following statement:

   "We draw attention to Note 1(i) in the half-year financial
    report, which indicates that the Group incurred net cash
    outflows from operations for the six months ended 31 December
    2017 of USD35.2 million.  As a result, the Group is dependent
    on entering into a partnership with a third party for funding
    of operations and/or raising capital through the issue of new
    shares, together with successfully maintaining certain cost
    containment and deferment strategies.  These conditions, along
    with other matters set forth in Note 1(i), indicate the      
    existence of a material uncertainty that may cast significant
    doubt about the Group's ability to continue as a going
    concern."

Directors of Mesoblast Limited in office at any time during or
since the end of the six months ended Dec. 31, 2017 were:

     Name                           Position
     ----                           --------
     Silviu Itescu              Executive Director

     Brian Jamieson             Chairman

     William M Burns            Non-executive Director, Vice
                                Chairman

     Donal O'Dwyer              Non-executive Director, Chair of
                                Nomination and Remuneration
                                Committee

     Eric Rose                  Non-executive Director, Chair of
                                Science and Technology Committee

     Michael Spooner            Non-executive Director, Chair of
                                Audit and Risk Committee

     Ben-Zion Weiner            Non-executive Director

A full-text copy of the press release is available at:

                     https://is.gd/ySIjLU

                        About Mesoblast

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

Mesoblast Limited reported a net loss before income tax of US$90.21
million for the year ended June 30, 2017, a net loss before income
tax of US$90.82 million for the year ended June 30, 2016, and a net
loss before income tax of US$96.24 million for the year ended June
30, 2015.  

As of Dec. 31, 2017, Mesoblast had US$664.81 million in total
assets, US$89.20 million in total liabilities and US$575.60 million
in total equity.

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


MORNINGSTAR MARKETPLACE: Case Summary & Unsecured Creditor
----------------------------------------------------------
Debtor: Morningstar Marketplace, Inc.
        P.O. Box 364
        Thomasville, PA 17364

Business Description: Morningstar Marketplace, Inc., --
                      https://morningstarmarketplace.net/--
                      operates a farm market that offers a
                      selection of local fruit, veggies, and baked
                      good specialties.  The market also sells
                      crafts, collectibles, clothing, jewelry, pet
                      supplies, sports cards, candies, nuts,
                      socks, shoes, cosmetics, wellness products,
                      plants, books, and so much more.
                      Morningstar Marketplace is located 7 miles
                      west of York, PA on Route 30 and just 35
                      miles from Lancaster, 61 miles north of
                      Baltimore, 24 miles east of Gettysburg and
                      29 miles south of Harrisburg (Hershey Park).
                      It opens year-round every Saturday & Sunday
                      from 8:00 to 4:00.

Chapter 11 Petition Date: March 2, 2018

Court: United States Bankruptcy Court
       Middle District of Pennsylvania (Harrisburg)

Case No.: 18-00875

Judge: Hon. Henry W. Van Eck

Debtor's Counsel: Stephen Wade Parker, Esq.
                  MOONEY AND ASSOCIATES
                  230 York Street
                  Hanover, Pa 17331
                  Tel: 717-632-4656
                  E-mail: Mooneybkecf@gmail.com
                          swp@mooney4law.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Andrew Lentz, president.

The Debtor lists Shiloh Paving as its sole unsecured creditor
holding a claim of $0.

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

         http://bankrupt.com/misc/pamb18-00875.pdf


MOTORS LIQUIDATION: Forbearance Agreement With New GM Expires
-------------------------------------------------------------
As previously disclosed, including most recently on Feb. 13, 2018
in the Motors Liquidation Company GUC Trust Quarterly Report on
Form 10-Q for the quarter ended Dec. 31, 2017, the GUC Trust is
involved in litigation concerning purported economic losses,
personal injuries and/or death suffered by certain lessees and
owners of vehicles manufactured by General Motors Corporation prior
to its sale of substantially all of its assets to NGMCO, Inc.,
n/k/a General Motors LLC ("New GM").  Certain of the Potential
Plaintiffs have filed lawsuits against New GM, filed motions
seeking authority from the Bankruptcy Court for the Southern
District of New York to file claims against the GUC Trust, or are
members of a putative class covered by those actions.

As previously disclosed, on Sept. 12, 2017, the GUC Trust entered
into a Forbearance Agreement with New GM pursuant to which (i) the
GUC Trust agreed not to seek an order estimating the claims of the
Potential Plaintiffs or seek the issuance of additional "Adjustment
Shares" from New GM until the final resolution of certain
litigation, (ii) New GM agreed to pay the costs of the GUC Trust's
litigation in connection with the Late Claims Motions and related
litigation, and (iii) New GM and the GUC Trust agreed to negotiate
an appropriate rate of return from New GM should any GUC Trust
distributions be held up solely due to the Late Claims Motions
litigation.  

The Forbearance Agreement remained subject to certain conditions,
including obtaining the approval of the Bankruptcy Court, and was
scheduled to automatically terminate on Dec. 29, 2017 in the event
that the Bankruptcy Court had not yet entered the Approval Order.
On Dec. 28, 2017, the GUC Trust and New GM entered into a First
Amendment to Forbearance Agreement which extended the Outside Date
to Feb. 28, 2018.  

As of Feb. 28, 2018, the Bankruptcy Court had not entered the
Approval Order, and the Forbearance Agreement terminated on that
date pursuant to its terms.

                    About Motors Liquidation

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

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

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

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


MUSCLEPHARM CORP: Drexler Remains as President, CEO & Chairman
--------------------------------------------------------------
MusclePharm Corporation entered into an amended and restated
executive employment agreement with Ryan Drexler, effective Feb. 1,
2018, pursuant to which Mr. Drexler agreed to continue to serve as
the Company's president and chief executive officer and as the
Chairman of the Board of Directors of the Company.

Unless terminated earlier in accordance with its terms, the
Agreement will continue in effect until the third anniversary of
the Effective Date, and will automatically renew for additional
one-year periods at the end of such three-year period and
thereafter unless notice of non-renewal is given in accordance with
the terms of the Agreement.

The Agreement provides for an initial annual base salary of
$700,000, and such base salary will increase to $750,000 beginning
on Jan. 1, 2020.  Mr. Drexler is eligible to receive cash-based
incentive bonuses of up to $350,000, based upon the achievement of
specified performance goals.  In addition, Mr. Drexler is eligible
to receive a 2018 performance bonus in an amount equal to 75% of
his then-current base salary, based upon the achievement of certain
gross profit margins and recognized revenue thresholds.  Mr.
Drexler and the Company will negotiate in good faith to devise a
mutually agreeable performance bonus plan for the 2019 fiscal year
and fiscal years thereafter.  Mr. Drexler is also eligible for
grants of equity awards available to other senior executives of the
Company as may be determined by the Board of Directors of the
Company or its compensation committee.

Concurrent with entry into the Agreement, Mr. Drexler and the
Company entered into a Transaction Bonus Agreement, dated Feb. 26,
2018.  Pursuant to the Bonus Agreement, upon the occurrence of a
qualifying sale (as that term is defined in the Bonus Agreement),
and provided that at the time of the qualifying sale, Mr. Drexler
is an owner of at least 20% of the shares of the Company, Mr.
Drexler will be entitled to a transaction bonus equal to 10% of the
aggregate purchase price (as that term is defined in the Bonus
Agreement), if such price is in excess of $50 million.

Under the Agreement, Mr. Drexler has agreed to certain restrictions
on solicitation, which continue for 12 months following the
termination of his employment, if his employment is terminated due
to disability, by him for good reason or by the Company with or
without cause, due to expiration of the employment period by notice
of non-renewal or due to termination of his employment upon a
notice of termination (as those terms are defined in the
Agreement).  The agreement also contains restrictions with respect
to disclosure of the Company's confidential information.

                       About MusclePharm

Headquartered in Denver, Colorado, MusclePharm Corporation
(OTCQB:MSLP) -- http://www.muslepharm.com/-- develops and
manufactures a full line of National Science Foundation approved
nutritional supplements that are 100 percent free of banned
substances.  MusclePharm is sold in over 120 countries and
available in over 5,000 U.S. retail outlets, including GNC and
Vitamin Shoppe.  MusclePharm products are also sold in over 100
online stores, including bodybuilding.com, Amazon.com and
Vitacost.com.

MusclePharm reported a net loss of $3.47 million on $132.5 million
of net revenue for the year ended Dec. 31, 2016, compared to a net
loss of $51.85 million on $166.9 million of net revenue for the
year ended Dec. 31, 2015.

As of Sept. 30, 2017, MusclePharm had $30.11 million in total
assets, $41.57 million in total liabilities and a total
stockholders' deficit of $11.45 million.


MY PERSONAL ADVISOR: Hires David A. Scholl as Counsel
-----------------------------------------------------
My Personal Advisor, LLC, seeks authority from the U.S. Bankruptcy
Court for the Eastern District of Pennsylvania to employ the Law
Office of David A. Scholl, as counsel to the Debtor.

My Personal Advisor requires David A. Scholl to represent the
Debtor in the Chapter 11 bankruptcy proceedings.

David A. Scholl will be paid at the hourly rate of $300. David A.
Scholl will be paid a retainer in the amount of $10,000.

David A. Scholl will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

David A. Scholl can be reached at:

     David A. Scholl, Esq.
     LAW OFFICE OF DAVID A. SCHOLL
     512 Hoffman Street
     Philadelphia, PA. 19148
     Tel: (610) 550-1765
     Fax: (215) 316-0175

                  About My Personal Advisor

My Personal Advisor, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Pa. Case No. 18-11154) on Feb. 21, 2018.  The Debtor
hired the Law Office of David A. Scholl, as counsel.


NATIONAL AMUSEMENTS: S&P Affirms 'B+' CCR, Outlook Stable
---------------------------------------------------------
S&P Global Ratings affirmed its 'B+' corporate credit ratings on
Norwood, Mass.-based National Amusements Inc. (NAI) and its
operating subsidiary NAI Entertainment Holdings LLC, which S&P
analyzes on a consolidated basis. The rating outlook remains
stable.

S&P said, "We also revised our our assessment of NAI's consolidated
country risk assessment to low from intermediate.

"Our consolidated country risk assessment on NAI reflects the
weighted average of the country risk assessments for the company
across all countries where it has operations. Our revised
assessment followed our revised and improved country risk
assessment for Argentina, which reflects advances in the country's
economic policies, strengthening of its institutions, and our
expectation for further initiatives that will boost investor and
consumer sentiment.

"The stable rating outlook reflects our expectation that, despite
its exposure to volatile box-office performance, NAI will be able
to maintain compliance with its covenants and strong liquidity
because of its equity holdings in Viacom Inc. and CBS Corp. We also
expect that the company won't have any difficulty refinancing its
2018 debt maturities.

"We could lower our corporate credit rating on NAI if the combined
amount of its cash on the balance sheet and revolver availability
falls below $150 million. This could occur if further dividend cuts
at CBS or Viacom, combined with continued deterioration in theater
operations, leads to negative free operating cash flow and the
company's inability to access its revolvers due to lack of
compliance with financial maintenance covenants."

An upgrade would likely require significant improvements in NAI's
theater-level operations and EBITDA margin and the company relying
less on dividend income to meet its fixed charges, which include
interest expense and maintenance capital expenditures. This would
likely occur if NAI's adjusted leverage declined to below 5x and
its theater operations generate a significantly higher level of
EBITDA on a sustained basis.


NATIONAL ORTHOPEDICS: Court Directs U.S. Trustee to Appoint PCO
---------------------------------------------------------------
Judge Erik P. Kimball of the United States Bankruptcy Court for the
Southern District of Florida has entered an order directing U.S.
Trustee to appoint a patient care ombudsman to monitor the quality
of patient care and to represent the interests of the patients of
National Orthopedics and Neurosurgery, P.A. or file a motion with
the Court showing that such appointment is not necessary for the
protection of patients under the specific circumstances of this
case.

                 About National Orthopedics and Neurosurgery, P.A.

National Orthopedics and Neurosurgery, P.A. --
http://nationalorthoandneuro.com/-- fka Jeffrey L. Kugler, M.D.
P.A. offers treatment options for orthopedic injuries.  With
locations in Lake Worth and Royal Palm Beach, Florida, the Company
is helping patients from all over the Southeast.

National Orthopedics and Neurosurgery filed a Chapter 11 petition
(Bankr. S.D. Fla. Case No. 18-11757), on February 15, 2018,
disclosing $1.02 million assets and $1.86 million debts. The
Petition was signed by Jeffrey L. Kugler, director. The case is
assigned to Judge Erik P. Kimball. The Debtor is represented by
Robert C. Furr, Esq. at Furr & Cohen.


NEWALTA CORP: Moody's Puts Caa1 CFR On Review for Upgrade
---------------------------------------------------------
Moody's Investors Service placed Newalta Corporation's ratings,
including its Caa1 Corporate Family Rating, under review for
upgrade following the announcement that it reached an agreement to
combine businesses with Tervita Corporation (Tervita, B1). Tervita
has obtained fully committed bridge financings and other sources of
funding to repay all of Newalta's existing debt, which totaled
about C$350 million at December 31, 2017.

On Review for Upgrade:

Issuer: Newalta Corporation

-- Probability of Default Rating, Placed on Review for Upgrade,
    currently Caa1-PD

-- Corporate Family Rating, Placed on Review for Upgrade,
    currently Caa1

-- Senior Unsecured Regular Bond/Debenture, Placed on Review for
    Upgrade, currently Caa2(LGD4)

Outlook Actions:

Issuer: Newalta Corporation

-- Outlook, Changed To Rating Under Review From Stable

RATINGS RATIONALE

The review for upgrade reflects Moody's expectation that Newalta's
debt will likely be repaid or assumed by Tervita, but even in the
unlikely event that it remains a standalone unguaranteed subsidiary
of Tervita, it's business prospects will improve under Tervita's
ownership. The review will focus on the consummation of the
transaction as well as the ultimate capital structure of Newalta
post acquisition. The transaction is subject to shareholder and
regulatory approval and is expected to close by mid-2018.

Newalta is a Calgary, Alberta-based oilfield waste management
service provider.


NON-SURGICAL WELLNESS: Hires William Firm as Bankruptcy Counsel
---------------------------------------------------------------
Non-Surgical Wellness, Inc., seeks authority from the U.S.
Bankruptcy Court for the Central District of California to employ
The William Firm, as general bankruptcy counsel to the Debtor.

Non-Surgical Wellness requires William Firm to:

   a. represent the Debtor and Debtor's other professionals in
      hearings or proceedings before the Bankruptcy Court, and in
      any other court where the Debtor's rights may be affected;

   b. represent the Debtor in matters, and advise and assist the
      Debtor with respect to compliance with the requirements of
      the U.S. Trustee;

   c. advise the Debtor in matters pertaining to bankruptcy law
      and other applicable laws, including matters pertaining to
      the rights and remedies of the Debtor as to the assets of
      the estate and creditor claims;

   d. prepare and assist in the preparation of reports, accounts,
      pleadings and other filings related to the Debtor's pending
      Chapter 11 case;

   e. investigate and pursue the claims and interests of the
      Debtor and the estate and conduct examinations of witness,
      claimants or interested parties relating thereto;

   f. assist the Debtor and the Debtor's professionals in the
      formulation, confirmation and implementation of a Chapter
      11 Plan and any negotiations pertaining thereto; and

   g. take such other and further action and perform such other
      services as the Debtor may reasonably require in connection
      with the Chapter 11 case.

William Firm will be paid at the hourly rate of $225-$425.

William Firm received an initial prepetition retainer of $15,000 on
November 2017. One day prior to the petition date, William Firm
received an additional retainer of $12,000, of which the filing fee
of $1,717 was deducted, leaving a retainer of $10,283.

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

J. Scott Williams, principal of The William Firm, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

William Firm can be reached at:

     J. Scott Williams, Esq.
     THE WILLIAM FIRM
     15615 Alton Pkwy, Suite 175
     Irvine, CA 92618
     Tel: (949) 660-8680
     Fax: (866) 284-8670
     E-mail: jwilliams@williamsbkfirm.com

                  About Non-Surgical Wellness

Non-Surgical Wellness, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. C.D. Cal. Case No. 18-1034) on Jan. 17, 2018, indicating
under $1 million in both assets and liabilities.  The Debtor is
represented by J. Scott Williams, Esq., at The William Firm.


OMEROS CORP: Incurs $53.5 Million Net Loss in 2017
--------------------------------------------------
OMEROS Corporation filed with the Securities and Exchange
Commission its annual report on Form 10-K reporting a net loss of
$53.48 million on $64.82 million of total revenue for the year
ended Dec. 31, 2017, compared to a net loss of $66.74 million on
$41.61 million of total revenue for the year ended Dec. 31, 2016.

As of Dec. 31, 2017, Omeros had $116.32 million in total assets,
$119.14 million in total liabilities and a total shareholders'
deficit of $2.81 million.

For the quarter ended Dec. 31, 2017, revenues were $13.8 million,
all relating to sales of OMIDRIA.  This compares to OMIDRIA
revenues of $12.9 million for the same period in 2016.  On a
sequential quarter-over-quarter basis, OMIDRIA revenue decreased
$7.9 million, or 36.5%, despite the fact that unit pricing and the
total number of vials sold to ASCs and hospitals was unchanged from
the quarter ended Sept. 30, 2017.  Under the Company's accounting
policies, it is not able to recognize a majority of the revenue
related to OMIDRIA inventories held by wholesalers at year end
because of uncertainty around OMIDRIA reimbursement following
expiration of pass-through status on Jan. 1, 2018 and resulting
reduced first quarter sell-through.  In addition, a $2.4 million
charge to revenue was recorded in the fourth quarter for vials that
the company reserved for returns by the ASCs and hospitals
anticipated in 2018.

Total operating costs and expenses for the three months ended
Dec. 31, 2017 were $27.9 million compared to $24.8 million for the
same period in 2016.  The change in the current year quarter was
primarily due to higher third-party manufacturing scale up costs
for the Company's OMS721 program and higher third-party development
expenses for its product candidates.

For the three months ended Dec. 31, 2017, Omeros reported a net
loss of $16.6 million, or $0.34 per share, again reflecting the
inability to recognize wholesaler inventories at year end and which
included non-cash expenses of $4.5 million ($0.09 per share).  This
compares to the prior year's fourth quarter when Omeros reported a
net loss of $19.6 million, or $0.45 per share, which included
non-cash expenses of $5.2 million ($0.12 per share).  The reduction
in cash, cash equivalents and short-term investments from the third
quarter to the fourth quarter was $3.1 million.

As of Dec. 31, 2017, the company had $83.7 million of cash, cash
equivalents and short-term investments available for operations and
$5.8 million in restricted cash, with an additional $17.1 million
in accounts receivable.  The company also has the ability, at its
sole discretion, to borrow $45.0 million from its existing lenders
through May 20, 2018, subject to customary closing conditions.

At Dec. 31, 2017, the company had cash, cash equivalents and
short-term investments available for operations of $83.7 million
with an additional $17.1 million in accounts receivable.  The
company has the ability to borrow an additional $45.0 million from
existing lenders through May 20, 2018.

"The company's progress during the fourth quarter of 2017 continued
to build on our accomplishments earlier in the year," said Gregory
A. Demopulos, M.D., chairman and chief executive officer of Omeros.
"Following consistently positive OMS721 data, we now have three
ongoing Phase 3 clinical programs -- IgA nephropathy, aHUS and,
most recently, stem-cell TMA.  With breakthrough therapy, fast
track and orphan designations across these indications, we are
continuing our interactions with FDA and European regulatory
authorities to expedite approval pathways and, in the near term, to
discuss accelerated and conditional approvals in stem-cell TMA.
Next up is OMS527, on track to enter the clinic in mid-year for the
treatment of nicotine addiction.  Our frustration, shared by
physicians nationwide, remains patients' restricted access to
OMIDRIA following its pass-through expiration on January 1.
Congressional and administrative efforts are ongoing, and we look
forward to resolving this issue soon.  We are confident that
OMIDRIA in 2018 will continue to fuel the advancement of our
pipeline and OMS721 toward commercialization, helping to save
lives."

Ernst & Young LLP, in Seattle, Washington, issued a "going concern"
opinion in its report on the consolidated financial statements for
the year ended Dec. 31, 2017, stating that
the Company has suffered recurring losses from operations and has
stated that substantial doubt exists about the Company's ability to
continue as a going concern.

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

                       https://is.gd/fw3e7P

                     About Omeros Corporation

Omeros Corporation -- http://www.omeros.com-- is a
commercial-stage biopharmaceutical company committed to
discovering, developing and commercializing small-molecule and
protein therapeutics for large-market as well as orphan indications
targeting inflammation, complement-mediated diseases and disorders
of the central nervous system.  The Company's drug product OMIDRIA
(phenylephrine and ketorolac intraocular solution) 1% / 0.3% is
marketed for use during cataract surgery or intraocular lens (IOL)
replacement to maintain pupil size by preventing intraoperative
miosis (pupil constriction) and to reduce postoperative ocular
pain.  In the European Union, the European Commission has approved
OMIDRIA for use in cataract surgery and other IOL replacement
procedures to maintain mydriasis (pupil dilation), prevent miosis
(pupil constriction), and to reduce postoperative eye pain.  Omeros
has multiple Phase 3 and Phase 2 clinical-stage development
programs focused on: complement-associated thrombotic
microangiopathies; complement-mediated glomerulonephropathies;
Huntington's disease and cognitive impairment; and addictive and
compulsive disorders.  In addition, Omeros has a diverse group of
preclinical programs and a proprietary G protein-coupled receptor
(GPCR) platform through which it controls 54 new GPCR drug targets
and corresponding compounds, a number of which are in preclinical
development.  The company also exclusively possesses a novel
antibody-generating platform.  The Company is headquartered in
Seattle, Washington.


ORWELL TRUMBULL: Hires Chiron Financial as Investment Banker
------------------------------------------------------------
Orwell-Trumbull Pipeline Co., LLC, and Chiron Financial, LLC, filed
a joint application for an order seeking authority from the U.S.
Bankruptcy Court for the Northern District of Ohio to employ Chiron
Financial LLC as investment banker.

Chiron Financial will:

     a. prepare an information memorandum describing the Debtor,
its historical performance and prospects, including its existing
contracts, marketing and sales, labor force, management and
financial projections;

     b. assist in preparing a data room of all necessary and
appropriate documents needed in connection with a proposed
transaction;

     c. assist in developing lists of potential lenders, investors
and/or purchasers, as appropriate, to be contacted by Chiron
Financial or the Debtor;

     d. coordinate the execution of confidentiality agreements with
potential lenders, investors and purchasers wishing to review the
information memorandum described above;

     e. assist the company in coordinating site visits for
interested lenders, investors and purchasers, including engaging
with the Debtor's management team to develop appropriate
presentations for such visits;

     f. solicit competitive offers from potential lenders,
investors and purchasers;

     e. advise and assist the company in structuring potential
financing, restructurings or sales, including, without limitation,
assistance with negotiating agreements documenting such
transactions; and

     g. provide additional professional services reasonably
requested by the Debtor's management team through the closing of
any transaction.

Jay H. Krassoff, managing director of Chiron Financial attests that
his firm is a "disinterested person," as defined in section 101(14)
of the Bankruptcy Code.

Fees Chinron Financial will charge are:

    * Minimum Transaction Fee.  Upon the closing of any Financing,
Restructuring or Sale (each, as used in this Application, as
defined in the Engagement Agreement), a minimum transaction fee in
the amount of $375,000, payable in cash via wire transfer or
certified check.

    * Financing Fee.  Upon the closing of any Financing with any
Party, a financing fee in an aggregate amount equal to (i) 5.0% of
the first $10,000,000 of the aggregate amount of such Financing and
(ii) 3.0% of the amount, if any, by which the aggregate amount of
such Financing obtained by the Debtor exceeds $10,000,000.

    * Restructuring Fee.  Upon the closing of any Restructuring, a
restructuring fee in an aggregate amount equal to (i) 5.0% of the
first $10,000,000 of the aggregate amount of such Restructuring and
(ii) 3.0% of the amount, if any, by which the aggregate amount of
such Restructuring exceeds $10,000,000.

    * Sale Fee.  Upon the consummation of a Sale to any party, a
sale fee in an aggregate amount equal to (i) 5.0% of the first
$10,000,000 of the aggregate amount of Total Consideration (as used
in this Application, as defined in the Engagement Agreement) and
(ii) 3.0% of the amount, if any, by which the Total Consideration
exceeds $10,000,000.00.

The firm can be reached through:

     Jay H. Krasoff
     CHIRON FINANCIAL LLC
     1301 McKinney, Suite 2800
     Houston, TX 77010
     Phone: (713) 929-9080

                 About Orwell Trumbull Pipeline

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

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

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

Glenn E. Forbes, Esq., at Forbes Law LLC, serves as bankruptcy
counsel to the Debtor.  Dettelbach Sicherman & Baumgart, LLCPA;
Kravitz Brown & Dortch, LLC; and Wuliger and Wuliger, is the
Debtor's special counsel.  Chiron Financial LLC is the Debtor's
investment banker.


PATRIOT NATIONAL: Files Amended Disclosure Statement
----------------------------------------------------
BankruptcyData.com reported that Patriot National filed with the
U.S. Bankruptcy Court an amended Disclosure Statement on March 1,
2018. According to the Disclosure Statement, "Pursuant to the Plan,
all of the issued and outstanding equity interests in PNI and each
of its direct and indirect subsidiaries (the 'Subsidiary Debtors')
will be extinguished, and the First Lien Lenders (or their
designees) will receive 100% of newly issued equity interests in
Reorganized PNI and each of the Reorganized Subsidiary Debtors on
account of a portion of their claims arising under their applicable
financing agreements as further described below. Additionally, the
Plan provides for the creation of a Litigation Trust and for the
transfer free and clear into the Litigation Trust of all of the
Debtors' Litigation Claims, which include avoidance actions,
commercial tort claims, including claims against certain of the
Debtors' current and former officers and directors, claims against
certain of the Debtors' former professionals, and other claims
against third parties held by the Debtors. The proceeds from the
settlement or successful prosecution of the causes of action
transferred to the Litigation Trust will be distributed pursuant to
the Litigation Proceeds Waterfall -- the Cash proceeds of the
Litigation Claims will first be used to pay Litigation Trust
Expenses, then to repay amounts borrowed under the Litigation Trust
Facility and then to repay any indebtedness incurred under the DIP
Facility or Exit Facility. Remaining Cash proceeds from the
Litigation Claim will then be split with 80% being distributed
rateably to holders of Allowed First Lien Lender Deficiency Claims
and 20% being allocated to the GUC Cash Pool for distribution to
holders of Allowed General Unsecured Claims and Allowed
Subordinated Claims pursuant to the GUC Cash Pool Waterfall.
Allowed Priority Claims and Allowed Other Secured Claims will
either be paid in full, reinstated, or otherwise rendered
unimpaired. Allowed Continuing Vendor Claims and Allowed Continuing
Retail Agent Claims will be paid in full in the ordinary course of
business, or if such amounts are overdue on the Effective Date of
the Plan, in two equal installments with the first such installment
occurring on the Effective Date and the second occurring six months
after the Effective Date. The Plan provides for Allowed DIP Claims,
Allowed Administrative Expense Claims, Allowed Priority Tax Claims
and U.S. Trustee Fee Claims to receive 100% recoveries or such
other treatment as is agreed to in writing among such Holder, the
Debtors and the First Lien Agents. On the Effective Date,
Reorganized Debtors will enter into a new credit facility (the
'Exit Facility') with commitments sufficient to (a) repay in full
all amounts outstanding under the DIP Facility, (b) make the cash
distributions contemplated by the Plan, (c) provide working capital
for the ongoing business operations of the Reorganized Debtors, and
(d) pay all related transaction costs and expenses. The Exit
Facility shall have a first priority lien upon and security
interest in substantially all of the assets of the Reorganized
Debtors. The Plan also provides for the Reorganized Debtors to
enter into a New Term Loan Facility on the Effective Date. The New
Term Loan Facility will be used to make certain distributions to
the First Lien Lenders under the Plan. The New Term Loan Facility
shall have a second priority lien upon and security interest in
substantially all of the assets of the Reorganized Debtors."

                    About Patriot National

Fort Lauderdale, Florida-based Patriot National, Inc., also known
as Old Guard Risk Services, Inc., through its subsidiaries,
provides agency, underwriting and policyholder services to its
insurance carrier clients, primarily in the workers' compensation
sector.  Patriot National -- http://www.patnat.com/provides  
general agency services, technology outsourcing, software
solutions, specialty underwriting and policyholder services, claims
administration services and self-funded health plans to its
insurance carrier clients, employers and other clients.  Patriot
was incorporated in Delaware in November 2013.  

The Company completed its initial public offering in January 2015
and its common stock is listed on the New York Stock Exchange under
the symbol "PN."

Patriot National, Inc., and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 18-10189) on Jan. 30, 2018.  In the
petitions signed by CRO James S. Feltman, the Debtors disclosed
$159.4 million in total assets and $242.2 million in total debt as
of Dec. 31, 2017.

The Debtors have tapped Laura Davis Jones, Esq., James E. O'Neill,
Esq., and Peter J. Keane, Esq., at Pachulski Stang Ziehl & Jones
LLP and Kathryn A. Coleman, Esq., Christopher Gartman, Esq., and
Jacob Gartman, Esq., at Hughes Hubbard & Reed LLP as bankruptcy
Counsel; Pachulski Stang Ziehl & Jones LLP as co-counsel and
conflicts counsel; Duff & Phelps, LLC, as financial advisor; and
Conway Mackenzie Management Services, LLC, as provider of EVP of
Finance and related advisory services.  Prime Clerk LLC --
https://cases.primeclerk.com/patnat -- is the Debtors' claims,
noticing and balloting agent.

James S. Feltman of Duff & Phelps, LLC, has been tapped as chief
restructuring officer to the Debtors.

The Office of the U.S. Trustee has named two creditors -- Jessica
Barad and MCMC LLC -- to serve on the official committee of
unsecured creditors in the Debtors' cases.


PHASERX INC: Changes Case Caption to PZ Wind Down Inc.
------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
PhaseRx's motion for an order authorizing the Debtor to amend the
case caption used in the Chapter 11 Case. As previously reported,
"On February 1, 2018 the Court entered the Order (A) Approving the
Asset Purchase Agreement Between the Debtor and the Purchaser, (B)
Authorizing the Sale to the Purchaser of Substantially All of the
Debtor's Assets Free and Clear of Liens, Claims, Encumbrances, and
Interests, pursuant to which, among other things, the Court
approved the sale of the Acquired Assets to Roivant Sciences GmbH
(the 'Buyer'). The Sale closed on February 2, 2018. Pursuant to
Section 4.7 of the APA, the Debtor is required to change its
corporate and business name. Since the closing of the Sale, the
Debtor has taken steps to change its corporate name as PZ Wind
Down, Inc."

                       About PhaseRx, Inc.

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

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

Judge Christopher S. Sontchi presides over the case.

Christopher A. Ward, Esq. and Shanti M. Katona, Esq., at Polsinelli
PC, serve as counsel to the Debtor.  Cowen and Company, LLC is the
Debtor's investment banker. Donlin, Recano & Company, Inc. stands
as the Debtor's claims and noticing agent.


Q&C PROPERTIES: Hires Piercy Bowler as Accountant
-------------------------------------------------
Q&C Properties, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of Nevada to employ Piercy Bowler Taylor & Kern,
as accountant to the Debtor.

Q&C Properties requires Piercy Bowler to:

   -- assist the Debtor in the preparation of financial
      statements, tax returns, and general financial organization
      of the Debtor's business; and

   -- assist the Debtor in the preparation of monthly operating
      reports.

Piercy Bowler will be paid at the hourly rate of $500.

On December 2017, the Debtor paid Piercy Bowler the amount of
$2,330 for services rendered in connection with the case.

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

To the best of the Debtor's knowledge the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Piercy Bowler can be reached at:

     PIERCY BOWLER TAYLOR & KERN
     6100 Elton Ave., Suite 1000
     Las Vegas, NV 89107
     Tel: 702-384-1120
     Fax: 702-870-2474

                     About Q&C Properties

Founded in 2005, Q&C Properties, LLC, operates a car wash business
at 3265 S. Nellis Boulevard, Las Vegas, Nevada 89121.  The
company's gross revenue amounted to $937,437 in 2016 and $848,812
in 2015.  Q&C Properties is owned by Steven D. Rice (55%) and
Donald Rice (45%).

Q&C Properties filed a Chapter 11 petition (Bankr. D. Nev. Case No.
17-16663) on Dec. 14, 2017.  In the petition signed by Steven D.
Rice, its managing member, the Debtor disclosed $2.25 million in
assets and $4.90 million in liabilities.  The case is assigned to
Judge Laurel E. Davis.  Marjorie A. Guymon, Esq., at Goldsmith &
Guymon, P.C., is the Debtor's counsel.


QEP RESOURCES: Fitch Puts 'BB' IDR on Watch Negative
----------------------------------------------------
Fitch Ratings has placed the ratings of QEP Resources, Inc. (QEP),
including the 'BB' Issuer Default Ratings (IDRs) and senior
unsecured debt ratings, on Rating Watch Negative following the
announcement of strategic initiatives to transition to a pure play
Permian basin company.

The Rating Watch Negative reflects the expected reduction in size,
scale, and diversification upon the planned sale of the Uinta,
Williston, and Haynesville assets as well as the announced $1.25
billion share repurchase program. Fitch intends to maintain the
Rating Watch Negative until the Uinta and Williston assets are
sold, which Fitch expects to take place in the second half of 2018.
Upon the sale of the Uinta and Williston assets, Fitch would likely
downgrade QEP's long-term IDR by one to two notches subject to
allocation of proceeds and greater visibility on further
divestiture and development plans. Further negative rating actions
may be taken upon execution of the Haynesville sale, subject to
capital allocation between debt reduction, shareholder rewards and
capital reinvestments. The company's longer-term operational,
financial, and M&A strategy following its shift to a pure play
Permian producer will also be key factors in assessing QEP's credit
profile .

KEY RATING DRIVERS

Continued Repositioning of Assets: QEP closed on their Pinedale
divestiture in September 2017 and their Permian acquisition in
October 2017. While the Pinedale divestiture resulted in sizeable
reductions to production volumes and cash flows, Fitch viewed the
redeployment of capital towards higher growth and margin Permian
acreage and production as supportive to the credit profile in the
medium term. The acquired Permian assets are at a relatively early
stage in their development, requiring capital to grow production,
but provide the company with additional scale within the Midland
basin.

The further portfolio optimization that was recently announced may
result in the divestitures of QEP's Uinta, Williston and
Haynesville assets leading to the company becoming a pure play
Permian operator. The announced repositioning will materially
reduce production, with QEP guiding 2018 production of around
136mboe/d for all assets, including about 39mboe/d from the
Permian. While Fitch acknowledges that production should increase
quickly once QEP becomes a pure play Permian producer, QEP will
most likely have to be acquisitive to maintain production scale and
preserve an appropriate reserve life. QEP's current footprint in
the Northern Midland Basin is 44,000 net acres with approximately
1,900 drilling locations.

Manageable Leverage Expectations: Fitch anticipates QEP to continue
to prudently manage debt/EBITDA in the 1.5x to 2.0x range,
consistent with historical, pre-downturn levels. Overall debt
balances are expected to be reduced as the company uses proceeds
from any asset sales to right-size the balance sheet for the
forecasted production and cash flow base.

Negative to Neutral FCF: Fitch forecasts negative free cash flow
(FCF) in 2018 and 2019, assuming a $50/WTI and $52.5/WTI oil price
environment, moving towards FCF neutrality in 2020. Fitch
anticipates near-term shortfalls will be initially funded with the
credit facility, with asset sale proceeds likely used to repay
these borrowings. Fitch recognizes that management expects cash
flow neutrality by 2019 at a $55/WTI with the Permian becoming
self-funding thereafter.

DERIVATION SUMMARY

QEP Resources, in its current form, is a multi-basin producer with
solid financial metrics but the recently announced initiative to
transition to a pure-play Northern Midland Permian producer with
approximately 44,000 net acres will reduce size and
diversification. QEP's average production in 2017 of approximately
146mboe/d is greater than both DJ Basin, oil-weighted Extraction
Oil and Gas, Inc (B+/Stable) at 51.8mboe/d and Pinedale
gas-oriented Ultra Petroleum Corp (BB-/Stable) at approximately
126.3 mboe/d. Reduced production from the sale of the non-Permian
assets is likely to put production closer to Extraction, which also
has a single basin focus with approximately 171,000 net core acres
in the DJ basin. Resolute Energy Corporation (B-/Stable), a pure
play Southern Delaware Permian producer, has approximately half the
Permian acreage footprint of QEP at approximately 21,000 net acres.
Fitch also expects Resolute to be acquisitive to build scale in the
Permian

QEP's 2017 expected debt/EBITDA is strong for the category at 3.0x
and in line with peers. Fitch expects the company to return to
mid-cycle debt/EBITDA metrics in the 1.5x to 2.0x range, consistent
with QEP's historical leverage metrics.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Fitch Rating Case for the Issuer
-- WTI oil price that trends up from $50/barrel in 2018 to a
    long-term price of $55/barrel;
-- Henry Hub gas that trends up from $3/mcf to a long-term price
    of $3.25/mcf;
-- Uinta and Williston basin sales in the second half of 2018,
    with Haynesville thereafter;
-- Debt reduction resulting in mid-cycle debt/EBITDA in a range
    of 1.5x to 2.0x throughout the forecast;
-- Cash flow deficits funded with revolver and asset sale
    proceeds, with asset sale proceeds reducing drawn amounts on
    the revolver.

RATING SENSITIVITIES

Developments that May, Individually or Collectively, Lead to
Positive Rating Action
-- Increased production size and scale in key basins;
-- Mid-cycle debt/EBITDA at or below 3.0x;
-- Debt/flowing barrel under $15,000 and/or debt/1P below
    $5.0/boe on a sustained basis.

Developments that May, Individually or Collectively, Lead to
Negative Rating Action
-- Reduced size and scale through the completion of the Uinta and

    Willison Sales;
-- Further asset sales reducing size and diversification;
-- Material reduction in size of drilling inventory without a
    credible, credit conscious plan to replace inventory;
-- Mid-cycle debt/EBITDA at or above 4.0x.

Fitch expects the Rating Watch Negative to be resolved upon
completion of the Uinta and Williston sales. Upon completion, Fitch
would likely downgrade the IDR by one to two notches subject to
allocation of proceeds and greater visibility on further
divestiture and development plans. Fitch anticipates the Rating
Sensitivities will be evolving as the asset base of QEP evolves.

LIQUIDITY

Adequate Liquidity: QEP's adequate liquidity positions supported by
the company's $1.25 billion unsecured revolver due 2022 subject to
a springing maturity date of Feb. 1, 2021 if more than $400 million
of the 2020 and 2021 notes are outstanding at the time of the
springing maturity. The credit facility is subject to certain
covenants that may limit the amount of borrowing capacity,
including a consolidated leverage ratio not to exceed 4.0x through
Dec. 31, 2018 and moves to 3.75x thereafter. The credit agreement
also has a Present Value to Consolidated Net Funded Debt Ratio
(PV-9 test) during a Debt Ratings Trigger Period of at least 1.25x
prior to or on Dec. 31, 2018, moving to 1.4x in 2019, and moving to
1.5x any time after Jan. 1, 2020. QEP is currently not subject to
the PV-9 covenant.

Maturities Likely To Be Managed Post Sale: QEP's maturity profile
is clear until 2020 when approximately $51.7 million of notes are
due, with $397.6 million, $500 million and $650 million due in
2021, 2022, and 2023, respectively. Fitch expects asset sale
proceeds will be used to reduce debt to a level where debt/EBITDA
will be around 1.5x to 2.0x based on historical company levels.
Nonetheless, Fitch believes that longer term refinancing risk could
rise without the addition of meaningful Permian drilling inventory
(currently estimated at eight to 15 years, subject to activity)
following the divestment of the non-Permian assets.

FULL LIST OF RATING ACTIONS

Fitch has place the following ratings on Rating Watch Negative:

QEP Resources, Inc.
-- Long-term IDR 'BB';
-- Senior unsecured credit facility 'BB'/'RR4';
-- Senior unsecured notes 'BB'/'RR4'.

The Rating Watch is Negative.


QEP RESOURCES: S&P Puts 'BB+' CCR on CreditWatch Negative
---------------------------------------------------------
S&P Global Ratings placed its ratings, including its 'BB+'
corporate credit rating, on U.S.-based oil and gas exploration and
production (E&P) company QEP Resources Inc. on CreditWatch with
negative implications.

S&P said, "We also placed the 'BB+' senior unsecured debt rating on
CreditWatch with negative implications. The recovery rating on the
debt remains '3', indicating our expectation of meaningful
(50%-70%; rounded estimate: 55%) recovery in the event of payment
default.

"The CreditWatch placement of QEP's ratings reflects at least a 50%
probability we will lower the ratings if the company successfully
divests itself of its Williston and Uinta assets, as proposed. We
view smaller scale in terms of reserves and production, as well as
increased geographic concentration in the Permian Basin as
unfavorable for credit quality. We expect the company to use sale
proceeds to fund development of its Permian properties, repay debt,
and repurchase shares under a $1.25 billion authorization. While
debt repayment could improve financial leverage, we anticipate that
the overall effect of the divestitures to result in lower ratings.
The resulting ratings will depend on the amount and use of sale
proceeds.

"We expect to resolve the CreditWatch listing when we have clarity
on how successful the company is in divesting its assets outside
the Permian basin and on the use the sale proceeds. QEP's initial
timeline is to begin marketing its Williston and Uinta assets in
March or April of 2018. We anticipate the company will reach sales
agreements later this year and the resolution will depend on amount
and use of proceeds and follow our discussion with management
regarding the company's planned reserve and production growth.

"We could lower the rating should the company successfully divest a
large portion of planned marketed assets. We could return the
outlook to stable if it appears that the proposed transactions will
not close as proposed."


QUALITY CARE: Delays Filing of Annual Report, Cites HCP Bankruptcy
------------------------------------------------------------------
Quality Care Properties, Inc., said in a regulatory filing with the
Securities and Exchange Commission that it is unable to timely file
its Annual Report on Form 10-K for the year ended December 31,
2017, without unreasonable effort and expense.

The Company on March 2, 2018, entered into a plan sponsor agreement
with HCR ManorCare, Inc., HCP Mezzanine Lender, LP, a wholly owned
subsidiary of the Company, and certain lessor subsidiaries of the
Company.

The Plan Sponsor Agreement contemplates that, among other things,
pursuant to a prepackaged plan of reorganization of HCRMC under
Chapter 11 of the Bankruptcy Code, Purchaser will acquire all of
the issued and outstanding capital stock of HCRMC, in exchange for
the discharge under the Prepackaged Plan of all claims of the
Company against HCRMC and its subsidiaries arising under HCRMC's
guarantee of the master lease with HCR III Healthcare, LLC.

According to QCP, due to the entry into the Plan Sponsor Agreement,
additional management time and resources are necessary to complete
all steps and tasks necessary to finalize the Company's annual
financial statements and other disclosures required to be included
in the 2017 10-K, including, among other things, management's going
concern analysis with respect to the Company in accordance with
Accounting Standards Codification Topic 205, Presentation of
Financial Statements - Going Concern (Subtopic 205-40). As a
result, the Company cannot, without unreasonable effort or expense,
file the 2017 Form 10-K on or prior to the prescribed due date of
March 1, 2018.

The Company expects to file the 2017 Form 10-K on or before March
16, 2018, the fifteenth calendar day following March 1, 2018.

                      About Quality Care

Quality Care Properties, Inc., headquartered in Bethesda, Maryland,
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 and an equity method investment in
HCRMC previously held by HCP, Inc.

As of Sept. 30, 2017, Quality Care had $4.46 billion in total
assets, $1.80 billion in total liabilities, $1.93 million in
redeemable preferred stock and $2.65 billion in total equity.

                           *    *    *

In December 2017, S&P Global Ratings lowered its corporate credit
rating on Quality Care Properties to 'CCC' from 'B-'.  "The
downgrade reflects our view that QCP has limited covenant cushion
and a heightened probability of breaching its DSC covenant as early
as the first or second quarter of 2018 absent an amendment of its
credit facilities, waiver by the lenders, or possible debt or
company reorganization.

In October 2017, Moody's Investors Service confirmed Quality Care's
ratings, including its 'Caa1' corporate family rating following
QCP's announcement that the REIT's work-out discussions with its
struggling tenant, HCR Manorcare, Inc. (HCR, unrated), are
continuing.


QUALITY CARE: Needs More Time to Complete Its Form 10-K
-------------------------------------------------------
Quality Care Properties, Inc., disclosed in a regulatory filing
with the Securities and Exchange Commission that it is unable to
timely file its annual report on Form 10-K for the year ended Dec.
31, 2017 without unreasonable effort and expense.

As disclosed in the Company's Current Report on Form 8-K filed with
the SEC on March 2, 2018, the Company on March 2, 2018 entered into
a plan sponsor agreement with HCR ManorCare, Inc., HCP Mezzanine
Lender, LP, a wholly owned subsidiary of the Company
("Purchaser"), and certain lessor subsidiaries of the Company.  The
Plan Sponsor Agreement contemplates that, among other things,
pursuant to a prepackaged plan of reorganization of HCRMC under
title 11 of the United States Code, the Purchaser will acquire all
of the issued and outstanding capital stock of HCRMC, in exchange
for the discharge under the Prepackaged Plan of all claims of the
Company against HCRMC and its subsidiaries arising under HCRMC's
guarantee of the master lease with HCR III Healthcare, LLC.  Due to
the entry into the Plan Sponsor Agreement, additional management
time and resources are necessary to complete all steps and tasks
necessary to finalize the Company's annual financial statements and
other disclosures required to be included in the 2017 10-K,
including, among other things, management's going concern analysis
with respect to the Company in accordance with Accounting Standards
Codification Topic 205, Presentation of Financial Statements --
Going Concern (Subtopic 205-40).  As a result, the Company cannot,
without unreasonable effort or expense, file the 2017 Form 10-K on
or prior to the prescribed due date of March 1, 2018.  The Company
expects to file the 2017 Form 10-K on or before March 16, 2018, the
fifteenth calendar day following March 1, 2018.

                      About Quality Care

Quality Care Properties, Inc., headquartered in Bethesda, Maryland,
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 and an equity method investment in
HCRMC previously held by HCP, Inc.

As of Sept. 30, 2017, Quality Care had $4.46 billion in total
assets, $1.80 billion in total liabilities, $1.93 million in
redeemable preferred stock and $2.65 billion in total equity.

                           *    *    *

In December 2017, S&P Global Ratings lowered its corporate credit
rating on Quality Care Properties to 'CCC' from 'B-'.  "The
downgrade reflects our view that QCP has limited covenant cushion
and a heightened probability of breaching its DSC covenant as early
as the first or second quarter of 2018 absent an amendment of its
credit facilities, waiver by the lenders, or possible debt or
company reorganization.

In October 2017, Moody's Investors Service confirmed Quality Care's
ratings, including its 'Caa1' corporate family rating following
QCP's announcement that the REIT's work-out discussions with its
struggling tenant, HCR Manorcare, Inc. (HCR, unrated), are
continuing.


QUALITY CARE: To Buy 100% of HCR ManorCare in Prepack Chapter 11
----------------------------------------------------------------
Quality Care Properties, Inc. (NYSE: QCP) and HCR ManorCare, Inc.,
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 officer 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 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 Feb. 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 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.

                        About Quality Care

Quality Care Properties, Inc., headquartered in Bethesda, Maryland,
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 and an equity method investment in
HCRMC previously held by HCP, Inc.

As of Sept. 30, 2017, Quality Care had $4.46 billion in total
assets, $1.80 billion in total liabilities, $1.93 million in
redeemable preferred stock and $2.65 billion in total equity.

                           *    *    *

In December 2017, S&P Global Ratings lowered its corporate credit
rating on Quality Care Properties to 'CCC' from 'B-'.  "The
downgrade reflects our view that QCP has limited covenant cushion
and a heightened probability of breaching its DSC covenant as early
as the first or second quarter of 2018 absent an amendment of its
credit facilities, waiver by the lenders, or possible debt or
company reorganization.

In October 2017, Moody's Investors Service confirmed Quality Care's
ratings, including its 'Caa1' corporate family rating following
QCP's announcement that the REIT's work-out discussions with its
struggling tenant, HCR Manorcare, Inc. (HCR, unrated), are
continuing.


QUEST SOLUTION: Settles Debts with the Marins, Thomet and Zicman
----------------------------------------------------------------
Quest Solution, Inc. entered into two settlement agreements with
David and Kathy Marin on Feb. 28, 2018.  Pursuant to the first
Marin Settlement Agreement, the Company and the Marins agreed to
reduce the Company's purchase price for all of the capital stock of
Bar Code Specialties, Inc., which was acquired by the Company from
the Marins in November 2014.  In the 2014 acquisition, the Company
had issued David Marin a promissory note for $11,000,000 of which
an aggregate of $10,696,465 was outstanding as of Feb. 26, 2018,
which includes accrued interest earned but not paid.  Pursuant to
the Marin Settlement I Agreement, the amount of the indebtedness
owed to Marin was reduced by $9,495,465 bringing the total amount
owed to $1,201,000.  Section 3.1 of the original note was amended
to provide that the Company will pay the Marins 60 monthly payments
of $20,000 each commencing the earlier of (i) Oct. 26, 2018 and
(ii) the date that the Company's obligation to Scansource, Inc.,
currently in the amount of $2,800,000 is satisfied and all amounts
currently in default under the credit agreement with Scansource
(currently approximately $ 6.0 Million) is reduced to $2.0 million.
The Marins have agreed to release their security interest against
the Company.  In connection with the $9,495,465 reduction in the
purchase price, the Company issued the Marins three year warrants
to purchase an aggregate of 3,000,000 shares of Common Stock at an
exercise price of $0.20 per-share.

On Feb. 28, 2018, the Company entered into an additional settlement
agreement with the Marins whereby the Company settled a promissory
note owed to the Marins in the original principal amount of
$100,000 which currently had a balance of $111,064 in its entirety
in exchange for an aggregate of 85,000 shares of the Company's
Series C Preferred Stock.  The Series C Preferred Stock has a
liquidation value and conversion price of $1.00 per share and
automatically converts into Common Stock at $1.00 per share in the
event that the Company's common stock has a closing price of $1.50
per share for 20 consecutive trading days.  The preferred stock
pays a 6% dividend commencing two years from issuance. During the
first two years, the Series C Preferred stock will neither pay or
accrue the dividend.  The Company also agreed to transfer title to
a vehicle that was being utilized by Mr. Marin to David Marin.  In
exchange therefor, the $100,000 Note and the accrued interest
thereon was cancelled in its entirety.

On Feb. 28, 2018, the Company entered into a settlement agreement
with Kurt Thomet whereby the Company settled its indebtedness to
Mr. Thomet in the current amount of $5,437,136 in full in exchange
for 60 monthly payments of $12,500 each commencing the earlier of
(i) Oct. 26, 2018 or (ii) the date when the Company's obligation
under its promissory note with Scansource, Inc. currently in the
amount of $2,800,000 is satisfied and all amounts currently due
under the credit agreement with Scansource (currently approximately
$6.0 million) is reduced to $2.0 million.  In addition, the Company
issued Mr. Thomet an aggregate of 500,000 shares of restricted
common stock and 1,000,000 shares of Series C Preferred Stock with
the same rights and restrictions.

On Feb. 28, 2018, the Company entered into a settlement agreement
with Goerge Zicman whereby the Company settled its indebtedness to
Mr. Zicman in the current amount of $1,304,198 in full in exchange
for 60 monthly payments of $3,000 each commencing the earlier of
(i) Oct. 26, 2018 or (ii) the date when the Company's obligation
under its promissory note with Scansource, Inc. currently in the
amount of $2,800,000 is satisfied and all amounts currently due
under the credit agreement with Scansource (currently approximately
$6.0 million) is reduced to $2.0 million.  In addition, the Company
issued Mr. Zicman an aggregate of 100,000 shares of common stock
and 600,000 shares of Series C Preferred Stock with the same rights
and restrictions as described above in the description of the Marin
Settlement II Agreement.

Each of the Marins, Thomet and Zicman entered into a voting
agreement with the Company whereby they agreed to vote any shares
of common stock beneficially owned by them and also agreed to a
leakout restriction whereby they each agreed not to sell more than
10% of the common stock beneficially owned during any 30-day
period.

On Feb. 28, 2018, the Company entered into a five-year employment
agreement with David Marin to serve as a sales officer of the
Company.  Pursuant to the Employment Agreement, Mr. Marin shall
receive a salary of $15,000 per month during the term of this
employment.  He is also entitled to a commission of 20% of the
Company's gross profit on the Company's net revenues derived from
sales to any customers that Marin is directly responsible for
facilitating and/or closing.  This commission structure is
consistent with Mr. Marin's previous commission structure.  In
addition, Mr. Marin may be entitled to a bonus at the discretion of
the Company's Board.

On Feb. 26, 2018, the Company entered into a lease termination
agreement with David and Kathy Marin whereby it cancelled the lease
for the premises located at 12272 Monarch St., Garden Grove,
California effective as of April 20, 2018.

The Company issued an aggregate of 600,000 shares of Common Stock,
3,000,000 three-year warrants to purchase Common Stock at $0.20 per
share and 1,685,000 shares of Series C Preferred Stock in
connection with the Feb. 28, 2018 settlement agreements.

                     About Quest Solution

Quest Solution, formerly known as Amerigo Energy, Inc., is a
Specialty Systems Integrator focused on Field and Supply Chain
Mobility.  The Company is also a manufacturer and distributor of
consumables (labels, tags, and ribbons), RFID solutions, and
barcoding printers.  Founded in 1994, Quest is headquartered in
Eugene, Oregon, with offices in the United States.

Prior to 2008, the Company was involved in various unrelated
business activities.  From 2008-2014 the Company was involved in
multiple businesses inclusive of an oil and gas investment company.
Due to changes in market conditions, management determined to look
for acquisitions which were positive cash flow and would provide
immediate shareholder value.  In January 2014, the first such
acquisition was completed of Quest Marketing Inc. (dba Quest
Solution, Inc.).

The Company has acquired a significant working capital deficit and
issued a substantial amount of subordinated debt in connection with
its acquisitions.  As of June 30, 2017, the Company had a working
capital deficit of $14,940,888 and an accumulated deficit of
$33,808,344.  The Company said its continuation as a going concern
is dependent upon its ability to generate sufficient cash flow to
meet its obligations on a timely basis to obtain additional debt or
equity financing for working capital or refinancing (restructuring
of subordinated debt) as may be required and, ultimately, to attain
profitable operations.

The Company's independent accounting firm RBSM, LLP, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2016.  The auditors said the
Company has a working capital deficiency and significant
subordinated debt resulting from acquisitions.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.

Quest Solution incurred a net loss attributable to common
stockholders of $14.21 million for the year ended Dec. 31, 2016,
following a net loss attributable to common stockholders of $1.71
million for the year ended Dec. 31, 2015.  As of Sept. 30, 2017,
Quest Solution had $28.77 million in total assets, $44.84 million
in total liabilities and a total stockholders' deficit of $16.06
million.


QUIDDITCH ACQUISITION: Moody's Rates New $238MM Bank Loans B3
-------------------------------------------------------------
Moody's Investors Service assigned a B3 rating to Quidditch
Acquisition, Inc.'s proposed $35 million senior secured revolving
credit facility and $203 million senior secured term loan. In
addition, Moody's assigned Quidditch a B3 Corporate Family Rating
(CFR) and B3-PD Probability of Default Rating (PDR). The outlook is
stable.

Proceeds from the proposed senior secured bank facilities and
approximately $135 million of common equity contributed by
affiliates of Apollo Global Management, LLC (Apollo) will be used
to fund the acquisition of Qdoba Restaurant Corp. ("Qdoba") from
Jack-in-the-Box Inc. Moody's ratings and outlook are subject to
receipt and review of final documentation.

"The ratings reflect Quidditch's high leverage and modest interest
coverage pro forma for the acquisition and the difficulty of
executing its strategy to stabilize and reverse weak same store
sale performance while transitioning to a standalone company. "
stated Bill Fahy, Moody's Senior Credit Officer. "However, the
ratings also reflect Quidditch's material scale in terms of
systemwide restaurants and sales, reasonable level of brand
awareness, material franchise operations and good liquidity" stated
Fahy.

Assignments:

Issuer: Quidditch Acquisition, Inc.

-- Probability of Default Rating, Assigned B3-PD

-- Corporate Family Rating, Assigned B3

-- Senior Secured Bank Credit Facility, Assigned B3(LGD3)

Outlook Actions:

Issuer: Quidditch Acquisition, Inc.

-- Outlook, Assigned Stable

RATINGS RATIONALE

Quidditch is constrained by its high debt/EBITDA (about 6x) and
modest EBIT interest coverage (around 1.0x) pro forma for the
proposed transaction and weak same store sales performance. In
addition, the challenges with successfully executing a strategy to
improve its labor model, revamp the menu and enhance its marketing
efforts while transitioning to standalone company remain a concern.
However, the company benefits from its material scale with about
726 restaurants and over $820 million of systemwide sales,
reasonable level of brand awareness, and good day-part mix (split
between lunch and dinner). Additionally, the company's meaningful
franchise component provides some earnings stability to offset
company owned operations that are exposed to expense pressure.
Qdoba's transition service and employment agreement with
Jack-in-the-Box that will last for up to 12 months after the close
of the transaction with personnel support for up to 9 months will
help facilitate an orderly transition. The material amount of
contributed equity to partially finance the acquisition and good
liquidity are also credit positives.

The stable outlook reflects Moody's expectation that Quidditch
successfully transitions to a standalone company and achieves its
targeted levels of operating improvements and costs synergies over
time. The outlook also reflects Moody's expectation that the
company maintains good liquidity.

Factors that could result in a downgrade include an inability to
transition to a standalone company over the near term or strengthen
operating margins . Specifically, ratings could be downgraded if on
a sustained basis debt to EBITDA was above 6.0 times, EBIT to
interest was below 1.3 times or liquidity deteriorated for any
reason.

The ratings could be upgraded in the event a sustained improvement
in operating performance resulted in stronger credit metrics with
debt to EBITDA below 5.5 times and coverage of around 1.75 times. A
higher rating would also require maintaining good liquidity.

The B3 rating on the senior secured $35 million revolver and $203
million term loan, the same as the CFR, reflects the majority
position within Quidditch's capital structure that this debt
represents, its covenant lite structure and limited amount of other
debt and non-debt liabilities that are junior to the bank
facility.

Qdoba is one of the largest Mexican fast-casual dining chain in the
US. Qdoba is a wholly-owned subsidiary of Quidditch which is owned
by affiliates of Apollo Global Management, LLC. Annual revenues are
about $450 million.


RES-CARE INC: S&P Affirms Then Withdraws 'B+' Corp Credit Rating
----------------------------------------------------------------
S&P Global Ratings affirmed its 'B+' corporate credit rating on
U.S.–based health care services provider Res-Care Inc. The
outlook is stable.

S&P subsequently withdrew the rating at the company's request.


SALSGIVER INC: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Lead Debtor: Salsgiver, Inc.
             dba Burghbars
             dba Gotlit
             301 Fifth Street
             Freeport, PA 16229

Business Description: Salsgiver, Inc., based in Freeport,
                      Pennsylvania, is a wired telecommunications
                      carrier offering internet, phone and
                      video services to residential and
                      business clients.  The Company also
                      provides telecom services including
                      fiber optic design, fiber optic route
                      engineering, make ready engineering,
                      pole survey/field measurements,
                      electronic pole profiles, fiber optic
                      construction and installation, fiber optic
                      splicing, dark fiber leases, and lit fiber
                      services.  

                      http://gotlit.com/www.salsgiver.com

Chapter 11 Petition Date: March 2, 2018

Affiliates that simultaneously filed Chapter 11 petitions:

     Debtor                                       Case No.
     ------                                       --------
     Salsgiver, Inc.                              18-20803
     Salsgiver Telecom, Inc.                      18-20805
     Salsgiver Communications, Inc.               18-20806

Court: United States Bankruptcy Court
       Western District of Pennsylvania (Pittsburgh)

Judge: Hon. Thomas P. Agresti (18-20803 and 18-20806)
       Hon. Jeffery A. Deller (18-20805)

Debtors' Counsel: Kelly Esther McCauley, Esq.
                  WHITEFORD, TAYLOR & PRESTON, LLC
                  200 First Avenue, 3rd Floor
                  Pittsburgh, PA 15222
                  Tel: 412-618-5602
                  Fax: 412-618-5597
                  Email: Kmccauley@wtplaw.com

                    - and -

                  Daniel R. Schimizzi, Esq.
                  WHITEFORD, TAYLOR & PRESTON, LLC
                  200 First Avenue, Floor 3
                  Pittsburgh, PA 15222
                  Tel: 412-275-2401
                  Email: dschimizzi@wtplaw.com

Assets and Liabilities:

                            Estimated    Estimated
                              Assets    Liabilities
                            ---------   -----------
Salsgiver, Inc.          $0-$50,000   $1 mil.-$10 million
Salsgiver Telecom        $0-$50,000  $100,000-$500,000
Salsgiver Comm.          $0-$50,000        $0-$50,000

The petitions were signed by Loren M. Salsgiver, president.

A full-text copy of Salsgiver, Inc.'s petition containing, among
other items, a list of the Debtor's 20 largest unsecured creditors
is available for free at:

         http://bankrupt.com/misc/pawb18-20803.pdf

A full-text copy of Salsgiver Telecom, Inc.'s petition containing,
among other items, a list of the Debtor's 20 largest unsecured
creditors is available for free at:

         http://bankrupt.com/misc/pawb18-20805.pdf

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

         http://bankrupt.com/misc/pawb18-20806.pdf


SEADRILL LTD: Reaches Separate Deals with Samsung & Daewoo
----------------------------------------------------------
BankruptcyData.com reported that Seadrill Ltd. filed with the U.S.
Bankruptcy Court a motion for entry of (a) stipulation and agreed
order approving a settlement with Samsung Heavy Industries Co and
(b) a stipulation and agreed order approving a settlement with
Daewoo Shipbuilding & Marine Engineering Co., Ltd.

According to the report, under the SHI stipulation and agreed
order, "The SHI Contracts shall be deemed rejected as of the date
of entry of the order approving the SHI Stipulation and Agreed
Order. Subject only to entry of the Confirmation Order, the Debtors
and SHI shall grant mutual releases. The Debtors shall have an
exclusive period from February 28, 2018 to May 28, 2018 (the
'Exclusive Period') to identify a buyer for the SHI Drillships. SHI
shall receive on the Effective Date of the Plan $10 million in cash
(the 'Settlement Payment'). The order approving the Disclosure
Statement (the 'Disclosure Statement Order') provided for SHI to
have an Allowed General Unsecured Claim against Seadrill Limited
for purposes of voting on the Plan, and participation in the Rights
Offering procedures in the amount of four hundred sixty-four
million dollars ($464,000,000). The Disclosure Statement Order
provided for SHI to have an Allowed General Unsecured Claim against
Draco and Dorado (in Class C3 of the Plan), for purposes of voting
on the Plan, and participation in the Rights Offering procedures if
applicable, in the respective amounts of $233 million against Draco
and $231 million against Dorado."

The report adds, under the DSME stipulation and agreed order,"The
DSME Contracts shall be deemed rejected as of February 28, 2018,
and upon approval of the Stipulations by the Court. The Debtors
shall have an exclusive period from February 28, 2018 to May 28,
2018 (the 'Exclusive Period') to identify a buyer for the DSME
Drillships. DSME shall receive on the Effective Date of the Plan $7
million in cash (the 'Settlement Payment'). The Disclosure
Statement Order provided for DSME to have an Allowed General
Unsecured Claim against Seadrill Limited for purposes of voting on
the Plan, and participation in the Rights Offering procedures in
the amount of $600 million. Upon entry of the Confirmation Order,
DSME will receive an Allowed General Unsecured Claim against SDRL
for distribution purposes under the Plan and all purposes under
these Chapter 11 Cases, in the amount of $600 million. Upon entry
of the Confirmation Order, in full and final satisfaction of any
and all claims against Aquila and Libra (Class C3 of the Plan),
DSME will receive an Allowed General Unsecured Claim against Aquila
in the amount of $310 million and against Libra in the amount of
$290 million for distribution and voting purposes."

                     About Seadrill Ltd

Seadrill Limited is a deepwater drilling contractor providing
drilling services to the oil and gas industry.  It is incorporated
in Bermuda and managed from London.  Seadrill and its affiliates
own or lease 51 drilling rigs, which represents more than 6% of the
world fleet.

As of Sept. 12, 2017, Seadrill employed 3,760 highly-skilled
individuals across 22 countries and five continents to operate
their drilling rigs and perform various other corporate functions.

As of June 30, 2017, Seadrill had $20.71 billion in total assets,
$10.77 billion in total liabilities and $9.94 billion in total
equity.

Seadrill reported a net loss of US$155 million on US$3.17 billion
of total operating revenues for the year ended Dec. 31, 2016,
following a net loss of US$635 million on US$4.33 billion of total
operating revenues for the year ended in 2015.

After reaching terms of a reorganization plan that would
restructure $8 billion of funded debt, Seadrill Limited and 85
affiliated debtors each filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. S.D. Tex.
Lead Case No. 17-60079) on Sept. 12, 2017.

Together with the chapter 11 proceedings, Seadrill, North Atlantic
Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan")
commenced liquidation proceedings in Bermuda to appoint joint
provisional liquidators and facilitate recognition and
implementation of the transactions contemplated by the RSA and
Investment Agreement, and Simon Edel, Alan Bloom and Roy Bailey of
Ernst & Young are to act as the joint and several provisional
liquidators.

In the Chapter 11 cases, the Company has engaged Kirkland & Ellis
LLP as legal counsel, Houlihan Lokey, Inc. as financial advisor,
and Alvarez & Marsal as restructuring advisor.  Slaughter and May
has been engaged as corporate counsel, and Morgan Stanley served as
co-financial advisor during the negotiation of the restructuring
agreement.  Advokatfirmaet Thommessen AS is serving as Norwegian
counsel.  Conyers Dill & Pearman is serving as Bermuda counsel.
Prime Clerk serves as claims agent.

The United States Trustee for Region 7 formed an official committee
of unsecured creditors with seven members: (i) Computershare Trust
Company, N.A.; (ii) Daewoo Shipbuilding & Marine Engineering Co.,
Ltd.; (iii) Deutsche Bank Trust Company Americas; (iv) Louisiana
Machinery Co., LLC; (v) Nordic Trustee AS; (vi) Pentagon Freight
Services, Inc.; and (vii) Samsung Heavy Industries Co., Ltd.

Kramer Levin Naftalis & Frankel LLP is serving as lead counsel to
the Committee.  Cole Schotz P.C. is local and conflicts counsel to
the Committee.  Zuill & Co (in exclusive association with Harney
Westwood & Riegels) is serving as Bermuda counsel.  London-based
Quinn Emanuel Urquhart & Sullivan, UK LLP, is serving as English
counsel.  Parella Weinberg Partners LLP is the investment banker to
the Committee.  FTI Consulting Inc. is the financial advisor.


SEASTAR HOLDINGS: Committee Hires Bayard as Counsel
---------------------------------------------------
The Official Committee of Unsecured Creditors of Seastar Holdings,
Inc., and its debtor-affiliates seeks authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain Bayard,
P.A., as counsel to the Committee.

The Committee requires Bayard to:

   a) provide legal and strategic advice to the Committee with
      respect to its rights, duties, and powers in these cases;

   b) assist and advise the Committee in its consultations and
      negotiations with the Debtors in connection with the
      administration of these cases;

   c) assist the Committee in its investigation of the acts,
      conduct, assets, liabilities, and financial condition of
      the Debtors;

   d) assist the Committee in analyzing the claims of the
      Debtors' creditors and the Debtors' capital structure and
      in negotiating with holders of claims, including analysis
      of possible objections to the priority, amount,
      subordination, or avoidance of claims and transfers of
      property in consideration of such claims;

   e) advise and represent the Committee in connection with all
      matters arising in these cases, including the Debtors'
      motion to incur DIP financing;

   f) appear, on behalf of the Committee, before this Court and
      any other federal, state, or appellate court as may be
      necessary in connection with these chapter 11 cases;

   g) appear, on behalf of the Committee, at any meetings of
      creditors that may be held in connection with these cases;

   h) prepare, on behalf of the Committee, any pleadings or other
      documents that may need to be filed in these cases,
      including, without limitation, motions, memoranda,
      complaints, objections, and responses or replies to any of
      the foregoing;

   i) monitor the case docket and responding, as needed,
      regarding matters directly or indirectly impacting the
      Committee or affecting the Committee's interests in these
      cases;

   j) participate in calls and otherwise corresponding with the
      Committee;

   k) prepare, update, and distribute critical dates memoranda
      and working group lists;

   l) handle inquiries and calls from creditors and counsel to
      interested parties regarding pending matters and the
      general status of these cases; and

   m) provide such other services as may be required or are
      otherwise deemed to be in the interests of the Committee in
      accordance with the Committee's powers and duties as set
      forth in the Bankruptcy Code, the Bankruptcy Rules, the
      Local Rules, order of this Court, or other applicable
      source of law.

Bayard will be paid at these hourly rates:

     Partners                    $500 to $1,050
     Associates                  $315 to $475
     Paraprofessionals           $240 to $295

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

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

Bayard can be reached at:

         Justin R. Alberto, Esq.
         BAYARD, P.A.
         600 N. King Street, Suite 400
         Wilmington, DE 19801
         Tel: (302) 655-5000
         Fax: (302) 658-6395
         E-mail: jalberto@bayardlaw.com

                     About Seastar Holdings

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

SeaStar Holdings, Inc., along with affiliates Seaborne Virgin
Islands, Inc., and Seaborne Puerto Rico, LLC, sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 18-10039) on Jan. 8, 2018.
SeaStar Holdings estimated assets of $1 million to $10 million and
debt of $10 million to $50 million as of the bankruptcy filing.

The Hon. Christopher S. Sontchi is the case judge.

Adam G. Landis, Esq., Kerri K. Mumford, Esq., and Travis J.
Ferguson, Esq., at Landis Rath & Cobb LLP, serve as the Debtors'
bankruptcy counsel.  Sonoran Capital Advisors LLC is the Debtors'
restructuring advisor.  Stinson Leonard Street LLP is the special
regulatory counsel.  Seabury Corporate Advisors LLC is the
investment banker.  Rust Consulting/Omni Bankruptcy is the claims
and noticing agent.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Jan. 23, 2018,
appointed two creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of SeaStar Holdings,
Inc., and its affiliates.  The Committee retained Bayard, P.A., as
counsel; Gavin/Solmonese LLC, as financial advisor.


SEASTAR HOLDINGS: Committee Hires Gavin/Solmonese as Fin'l Advisor
------------------------------------------------------------------
The Official Committee of Unsecured Creditors of Seastar Holdings,
Inc., and its debtor-affiliates, seeks authorization from the U.S.
Bankruptcy Court for the District of Delaware to retain
Gavin/Solmonese LLC, as financial advisor to the Committee.

The Committee requires Gavin/Solmonese to:

   a) review and analyze the businesses, management, operations,
      properties, financial condition and prospects of the
      Debtors;

   b) review and analyze historical financial performance, and
      transactions between and among the Debtors, their
      creditors, affiliates and other entities;

   c) review the assumptions underlying the business plans and
      cash flow projections for the assets involved in any
      potential asset sale or plan of reorganization;

   d) determine the reasonableness of the projected performance
      of the Debtors, both historically and future;

   e) monitor, evaluate and report to the Committee with respect
      to the Debtors' near-term liquidity needs, material
      operational changes and related financial and operational
      issues;

   f) review and analyze all material contracts and
      agreements;

   g) assist and procure and assembling any necessary validations
      of asset values;

   h) provide ongoing assistance to the Committee and the
      Committee's legal counsel;

   i) evaluate the Debtors' capital structure and making
      recommendations to the Committee with respect to the
      Debtors' efforts to reorganize their business operations
      and confirm a restructuring or liquidating plan;

   j) assist the Committee in preparing documentation required in
      connection with creating, supporting or opposing a plan and
      participating in negotiations on behalf of the Committee
      with the Debtors or any groups affected by a plan;

   k) assist the Committee in marketing the Debtors' assets with
      the intent of maximizing the value received for any such
      assets from any such sale;

   l) provide ongoing analysis of the Debtors' financial
      condition, business plans, capital spending budgets,
      operating forecasts, management and the prospects for their
      future performance, and;

   m) provide such other tasks as the Committee or its counsel
      may reasonably request in the course of exercise of the
      Committee's duties in these cases.

Gavin/Solmonese will be paid at the hourly rate of $450-$700.

Gavin/Solmonese will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

Gavin/Solmonese can be reached at:

     Edward T. Gavin
     GAVIN/SOLMONESE LLC
     919 N. Market Street, Suite 600
     Wilmington, DE 19801
     Tel: (302) 655-8997
     Fax: (302) 655-6063

                     About Seastar Holdings

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

SeaStar Holdings, Inc., along with affiliates Seaborne Virgin
Islands, Inc., and Seaborne Puerto Rico, LLC, sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 18-10039) on Jan. 8, 2018.
SeaStar Holdings estimated assets of $1 million to $10 million and
debt of $10 million to $50 million as of the bankruptcy filing.

The Hon. Christopher S. Sontchi is the case judge.

Adam G. Landis, Esq., Kerri K. Mumford, Esq., and Travis J.
Ferguson, Esq., at Landis Rath & Cobb LLP, serve as the Debtors'
bankruptcy counsel. Sonoran Capital Advisors LLC is the Debtors'
restructuring advisor.  Stinson Leonard Street LLP is the special
regulatory counsel.  Seabury Corporate Advisors LLC is the
investment banker. Rust Consulting/Omni Bankruptcy is the claims
and noticing agent.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Jan. 23, 2018,
appointed two creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of SeaStar Holdings,
Inc., and its affiliates.  The Committee retained Bayard, P.A., as
counsel; Gavin/Solmonese LLC as financial advisor.


SEVEN STARS: Expects Full-Year 2017 Revenue of $125M to $144M
-------------------------------------------------------------
Seven Stars Cloud Group, Inc., provided updates on 2017 pending
financial results, fiscal year 2018 revenue guidance and initiation
of fiscal year 2018 EBITDA guidance.
  
SSC management is expecting that in fiscal year 2018, the Company,
via its fintech-powered digital financial services business and
seven product engines, will generate $280 million in revenue and
$35 million in EBITDA.

SSC now foresees full-year 2017 revenue to be in the range of $125
million to $144 million upon the anticipated timely completion of
its 2017 audit by BF Borgers CPA PC.  While this was short of the
Company's earlier and recent guidance, the result is anticipated to
be in the 256%-310% growth range over 2016 revenue.

Commenting on the Company's achievements in 2017 as well as outlook
for 2018, Mr. Bruno Wu, Chairman & CEO of Seven Stars Cloud stated:
"We experienced our fair share of opportunities and challenges in
2017 and generated what is anticipated to be record revenue and
revenue growth."

"Management is focused on building the Company for long term
growth, profitability and success.  This is more than evident in
the performance delta between 2017 revenue results and any other
prior year in the Company's existence.  This evolution and progress
includes significant transformational work in solving for lagging
and embedded legacy issues while at the same time balancing and
addressing current and go forward execution activities."

"Unanticipated personnel issues that led to internal communication
and internal administrative oversights that materialized during the
Company's 2017 fiscal year, resulted in what is anticipated to be
2017 revenue that is below prior and recent guidance expectations.
However, the Company and management specifically, believes that it
has taken strong and immediate actions to cure the causes of these
deficiencies.  Because of the foundation built and steps taken
during 2017, the Company believes it is well positioned for
continued growth in 2018.  Specifically:

   * Management successfully transitioned the Company, formerly
     strictly focused on VOD content distribution in China, into a

     global financial technology firm;

   * The Company executed the first phase of its strategic and
     integration plan by acquiring, investing in, or partnering
     with firms focused on Artificial Intelligence, Blockchain and

     Alternative Trading System platforms;

   * SSC is poised to launch the second phase of its strategic
     plan in 2018 and expects to introduce a Global Trading
     Partner Network that enables partners to list and trade
     financial products both cost effectively and seamlessly
     across the globe;

   * The Company relieved its former chief executive officer of
     his responsibilities and Mr. Robert G. Benya joined the
     Company as president, chief revenue officer & Board director.
     Mr. Benya is responsible for leading the Company's US
     operations with specific focus on revenue generating
     initiatives.  In addition, Mr. Benya is overseeing plans to
     open a US HQ in NYC in 2018 and is working to supplement the
     global management team with additional US-based senior
      executives.

Mr. Wu continued, "Given the high level of 2017 strategic plan
accomplishments as well as operational and personnel adjustments
continually implemented in the midst of all of the forward motion,
SSC estimates the Company will generate $280 million in revenue and
$35 million in EBITDA in 2018."

                        About Seven Stars

Seven Stars Cloud Group, Inc., formerly Wecast Network, Inc. --
http://www.sevenstarscloud.com/-- is an Intelligent Industrial
Internet (3I) platform, creating an artificial intelligent &
fintech-powered, supply chain solution for commercial enterprises.
By utilizing cutting-edge and all-encompassing fintech-powered
technologies plus resources such as Artificial Intelligence,
Blockchain, Cloud Computing & Data ("ABCD"), Seven Stars Cloud
provides efficient, secure and margin-expanding digital supply
chain solutions and asset-backed securitization for global
industrial energy, commodity, exhibition/trade show & Intellectual
Property, clients & markets.  The company is headquartered in
Tongzhou District, Beijing, China.  

KPMG Huazhen LLP, in Beijing, China, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2016, noting that the
Company incurred recurring losses from operations, has net current
liabilities and an accumulated deficit that raise substantial doubt
about its ability to continue as a going concern.

Webcast reported a net loss of $27.43 million in 2016 following a
net loss of $8.54 million in 2015.  As of Sept. 30, 2017, Seven
Stars had $71.55 million in total assets, $47.76 million in total
liabilities, $1.26 million in convertible redeemable preferred
stock, and $22.53 million in total equity.


SILO NAIL: April 4 Plan and Disclosure Statement Hearing
--------------------------------------------------------
Judge Paul M. Glenn of the U.S. Bankruptcy Court for the Middle
District of Florida conditionally approved Silo Nail LLC's small
business disclosure statement with respect to its chapter 11 plan
dated Feb. 22, 2018.

Creditors and other parties in interest must file with the court
their ballots accepting or rejecting the Plan no later than 14 days
before the date of the Confirmation Hearing.

April 4, 2018 is fixed for the hearing on final approval of the
disclosure statement and for the hearing on confirmation of the
plan. The hearing will be held at 2:00 p.m.  in 4th Floor Courtroom
A, 300 North Hogan Street, Jacksonville, Florida.

Any objections to Disclosure or Confirmation must be filed and
served seven days before the confirmation hearing.

                    About Silo Nail LLC

Silo Nail LLC owns and operates a nail salon located at 2219 County
Road 220, Suite 314, Middleburg, Florida.  It filed for Chapter 11
bankruptcy protection (Bankr. M.D. Fla. Case No. 17-03970) on Nov.
15, 2017, estimating assets and liabilities of less than $500,000.
Taylor J. King, Esq., at the Law Offices of Mickler & Mickler, is
the Debtor's bankruptcy counsel.


SKIP ONE SEAFOOD: Hires Leon A. Williamson as Counsel
-----------------------------------------------------
Skip One Seafood, Inc., seeks authority from the U.S. Bankruptcy
Court for the Middle District of Florida to employ the Law Office
of Leon A. Williamson, Jr., P.A., as counsel to the Debtor.

Skip One Seafood requires Leon A. Williamson to:

   a. take all action necessary to protect and preserve the
      estate of the Debtor including the prosecution of actions
      on its behalf, and objecting to claims filed against the
      Estate, if appropriate;

   b. prepare, on behalf of the Debtor, applications, answers,
      orders, reports and papers, required in connection with the
      administration of the Estate;

   c. counsel the Debtor with regard to its rights and
      obligations as Debtor in Possession;

   d. prepare and file schedules of assets and liability;

   e. prepare and file a Plan of Reorganization and Disclosure
      Statement; and

   f. perform all other necessary legal services in connection
      with the Chapter 11 case.

Leon A. Williamson will be paid based upon its normal and usual
hourly billing rates. The firm will also be reimbursed for
reasonable out-of-pocket expenses incurred.

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

Leon A. Williamson can be reached at:

     Leon A. Williamson, Jr.
     LAW OFFICE OF LEON A. WILLIAMSON, JR. P. A.
     306 South Plant Ave., Suite B
     Tampa, FL 33606
     Tel: (813) 253-3109
     Fax: (813) 253-3215
     E-mail: Leon@LwilliamsonLaw.com

                     About Skip One Seafood

Skip One Seafood, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Fla. Case No. 18-00874) on Feb. 5, 2018, estimating
under $1 million in both assets and liabilities.  The Law Office of
Leon A. Williamson, Jr., P.A., is the Debtor's counsel.


SPECTRUM BRANDS: Moody's Affirms B1 CFR & Revises Outlook to Stable
-------------------------------------------------------------------
Moody's Investors Service affirmed the ratings of Spectrum Brands,
Inc., including the B1 Corporate Family Rating (CFR) and B1-PD
Probability of Default Rating, and changed the outlook to stable
from developing. This follows the announcement on Monday that
Spectrum and HRG Group reached a definitive merger agreement
pursuant to which Spectrum Brands will combine with HRG. As a
result, HRG's shareholders will effectively hold HRG's interests in
Spectrum Brands directly following the combination. Spectrum Brands
expects the transaction to close by June 2018.

Following the transaction, National Corporation ("Leucadia"), will
hold approximately 13% of the combined company and another 45% of
the combined company will be widely held by HRG's legacy
stockholders. Spectrum will assume approximately $324 million of
HRG's net debt at closing. Under this new ownership structure,
Spectrum Brands will be an independent company with a widely
distributed shareholder base.

"This transaction removes the uncertainty about the company's
capital structure and inherent risks that were present with the HRG
ownership," said Kevin Cassidy, Senior Credit Officer, at Moody's
Investors Service.

Ratings affirmed:

Spectrum Brands, Inc.

Corporate Family Rating at B1;

Probability of Default Rating at B1-PD;

Senior unsecured notes at B2 (LGD 5);

Senior secured credit facility at Ba1 (LGD 2);

Speculative grade liquidity rating at SGL-1

RATING RATIONALE

The B1 Corporate Family Rating reflects Spectrum's significant size
with pro forma revenue over $3 billion, but also its modestly high
pro forma leverage. Pro forma debt/EBITDA is currently near 4.5
times, but Moody's expects it to fall below 4.0times in the next 12
-18 months due to debt repayment from internally generated cash and
from proceeds Spectrum will receive from the sale of its appliance
and battery businesses. Ratings benefit from Spectrum's good
product diversification with products ranging from pet supplies and
household insect control, residential locksets and automotive care.
The rating also reflects the general stability in operating
performance and Moody's expectation that credit metrics will
continue improving in the near to mid-term, despite modest top line
organic growth. The rating is constrained by competition with
bigger and better capitalized companies.

The stable outlook reflects Moody's view that Spectrum's operating
performance will remain good, and that the company will sustain
financial leverage, measured as debt/EBITDA, around 4 times.
Moody's expects Spectrum's acquisitive nature and shareholder
return focus to continue. The outlook also reflects Moody's
expectation of significant debt repayment with the proceeds from
asset sales.

Deterioration in operating performance could result in a downgrade.
Additionally, debt/EBITDA sustained over 5 times or single digit
EBIT margins could result in a downgrade.

Spectrum would need to reduce financial leverage, with debt/EBITDA
sustained below 4 times, before Moody's would consider an upgrade.
Moody's would also need to obtain greater clarity regarding
Spectrum's use of proceeds from assets sales before the rating
agency would consider an upgrade.

Headquartered in Middleton, Wisconsin, Spectrum Brands, Inc.
("Spectrum Brands") is a global consumer product company with a
diverse product portfolio. Product segments include lawn and
garden, electric shaving and grooming, pet supplies, household
insect control, residential locksets, and automotive care. Pro
forma revenue approximates $3.4 billion.


TD MANUFACTURING: Proposes Plan to Exit Chapter 11 Protection
-------------------------------------------------------------
TD Manufacturing LLC filed with the U.S. Bankruptcy Court for the
District of Colorado its proposed plan to exit Chapter 11
protection.

According to the restructuring plan, creditors holding Class 4
general unsecured claims will share on a pro rata basis monies
deposited into an unsecured creditor account.

TD Manufacturing will deposit 2% of its gross revenues into the
unsecured creditor account every month after the effective date of
the plan and for a period of five years.  

Every time three deposits are made into the account, the balance of
the account will be distributed to creditors holding administrative
claims.  Once these creditors are paid in full, the balance of the
account will be distributed to general unsecured creditors.

According to the company's disclosure statement, $9,600 will be
paid to the unsecured creditor account for the first year of the
plan; $10,080 for the second year; $10,584 for the third year;
$11,113 for the fourth year; and $11,668 for the fifth year.

The overall feasibility of the plan is premised upon the
restructuring of TD Manufacturing's debt.  The reduction of its
secured debt and a restructuring of payment to secured creditors
will permit the company to operate profitably.  The company's
ongoing business operations will provide a means of funding the
plan, according to its disclosure statement filed on Feb. 15.

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

            http://bankrupt.com/misc/cob17-14243-156.pdf

                      About TD Manufacturing

Based in Greeley, Colorado, TD Manufacturing LLC --
http://www.t-dmanufacturing.com/-- operates a metal manufacturing
and powder coating shop that specializes in plasma table cutting,
welding, sand blasting, and powder coating.

TD Manufacturing sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 17-14243) on May 9, 2017.
In the petition signed by Luke Yockim, manager, the Debtor
disclosed $286,671 in assets and $1.40 million in liabilities.

The case is assigned to Judge Michael E. Romero.

Aaron A. Garber, Esq., at Buechler & Garber, LLC, serves as the
Debtor's bankruptcy counsel.  Dickensheet & Associates, Inc. was
hired as auctioneer.


TERVITA CORP: Moody's Affirms B1 CFR After Proposed Newalta Merger
------------------------------------------------------------------
Moody's Investors Service affirmed Tervita Corporation's B1
Corporate Family Rating (CFR), B1-PD Probability of Default Rating
and B2 senior secured notes rating. The outlook remains stable.

On March 1, 2018, Tervita and Newalta Corporation (Newalta, Caa1
rating under review) announced an agreement to combine businesses.
Tervita has obtained fully committed bridge financings and other
sources of funding to refinance all of Newalta's existing debt,
which totaled about C$350 million at December 31, 2017. The
transaction is subject to shareholder and regulatory approval and
is expected to close by mid-2018.

"The affirmation of Tervita's ratings following the announced
merger with Newalta reflects the increased size and scale that is
offset by an increase in debt that results in 2019 leverage being
higher than previously expected," said Paresh Chair Moody's
AVP-Analyst.

Outlook Actions:

Issuer: Tervita Corporation

-- Outlook, Remains Stable

Affirmations:

Issuer: Tervita Corporation

-- Probability of Default Rating, Affirmed B1-PD

-- Corporate Family Rating, Affirmed B1

-- Senior Secured Regular Bond/Debenture, Affirmed B2 (LGD4)

RATINGS RATIONALE

Tervita's B1 CFR is supported by its competitive advantage and
barrier-to-entry of its landfill and Transfer, Remediation &
Disposal (TRD) facilities, its extensive network of fixed facility
waste management sites across the Western Canadian Sedimentary
Basin (WCSB), significant portion of EBITDA that is tied to
production and contracts, and good liquidity and expected positive
free cash flow in 2018. The rating is constrained by its exposure
to volatile drilling and completion activity, concentration in the
TRD and landfill business with little EBITDA coming from other
segments, its concentration in Western Canada, and adequate
expected debt to EBITDA excluding synergies in 2018 (4.2x) assuming
6 months of combined entity that will improve towards 3.5x in 2019
due to a full year benefit of Newalta.

Tervita's liquidity is good. At September 30, 2017, Tervita had
C$129 million of cash and C$121 million available (after C$79
million in letters of credit) under its C$200 million secured
revolving credit facility, due December 2019. Moody's expect
positive free cash flow in 2018. Moody's expect Tervita will
maintain compliance with all three of its financial covenants.
Alternative sources of liquidity are limited as all assets are
largely pledged to the secured lenders.

In accordance with Moody's Loss Given Default (LGD) Methodology,
the suggested rating for the US$360 million senior second lien
notes is B1, reflecting the amount of priority ranking secured debt
in the form of the C$200 million revolving credit facility and very
modest loss absorption cushion provided by trade payables and lease
rejection claims. However,Moody's views the B2 rating on the senior
secured notes as more appropriate due to the very modest cushion
the cyclically moving trade payables provide.

The rating outlook is stable because Moody's expect leverage to
remain in-line for the rating through 2019 despite the increase in
leverage from the Newalta merger.

The ratings could be upgraded if debt to EBITDA is below 2.5x (LTM
Sept 30-2017 3.7x) and EBITDA to interest is above 4x (LTM Sept
30-2017 2.7x), which are strong metrics that will offset Tervita's
small size and its business concentration.

The ratings could be downgraded if debt to EBITDA is above 4.5x
(LTM Sept 30-2017 3.7x) or EBITDA to interest is below 3x (LTM Sept
30-2017 2.7x).

Tervita, based in Calgary, Alberta, is an privately-owned oilfield
services company that largely focuses on providing waste treatment
and disposal solutions to oil & gas producers in Western Canada.



TERVITA CORP: S&P Puts 'B' CCR on Watch Pos. Amid Newalta Merger
----------------------------------------------------------------
S&P Global Ratings said it placed its 'B' long-term corporate
credit rating and senior unsecured debt rating on Tervita Corp. on
CreditWatch with positive implications. The '3' recovery rating on
the company's senior unsecured debt is unchanged, and reflects
S&P's expectation of meaningful (50%-70%) recovery in a default
scenario.

The CreditWatch placement follows Tervita's announcement that the
company plans to merge with Newalta Corp. As part of the
transaction, Tervita will assume Newalta's debt, and Newalta
shareholders will get approximately 11% of the new combined
entity's total shares. Tervita plans to repay Newalta's existing
debt with the fully committed bridge financing, as well as other
available funding sources, until a long-term financing structure is
in place. S&P expects the transaction to close by the end of
second-quarter 2018, subject to shareholder approval and customary
closing conditions, including receipt of regulatory approval.

S&P said, "We expect to resolve the CreditWatch placement once the
transaction closes, which we expect by the end of second-quarter
2018, and we assess Tervita's pro forma capital structure and
credit measures. We expect any upgrade would be limited to one
notch. Should the transaction not be completed, we will reassess
Tervita's credit profile."


TITAN ENERGY: Appoints Christopher Walker as COO
------------------------------------------------
Titan Energy, LLC, and its subsidiaries announced the appointment
of Christopher Walker as chief operating officer of Titan, which
will take effect as of March 9th.

Mr. Walker has served as vice president of operations since
February 2016.  Mr. Walker also served in senior operations
leadership positions at Titan's predecessor since July 2012.  While
at Titan and its predecessor, Mr. Walker has worked on almost all
of the Company's former and current operated and non-operated asset
positions, including the Eagle Ford Shale, Fort Worth Basin, Utica
Shale, Coalbed Methane, and Mississippi Lime.

Prior to joining Titan, Mr. Walker held field engineer and district
technical supervisor positions with BJ Services/Baker Hughes from
2007 to 2012, specializing in hydraulic fracturing design and
execution.  Mr. Walker graduated from Texas A&M University with a
BS in Agricultural Engineering.

Daniel Herz, chief executive officer of Titan, stated, "We are very
excited to welcome Chris into his new position, where he will lead
our operating and technical team.  Chris's thorough understanding
of our operating areas, strong leadership, and technical experience
will continue to be a significant asset for our Company."

Mark Schumacher, currently president and head of operations for
Titan, will leave his positions effective March 9, 2018 to pursue
other business activities.

Daniel Herz added, "I would also like to thank Mark for his
tremendous contributions during his tenure here at Titan.  All of
Mark's efforts helped shepherd Titan through the challenges of the
commodity price downturn and we wish him much success in his future
endeavors."

Mark Schumacher stated, "I am happy to transition the Chief
Operating Officer role to Chris, who is someone that I have had the
pleasure of working alongside for many years at Titan.  Chris will
continue to be an invaluable leader within the organization. I
would like to thank Titan management and all of the employees for
the opportunity to work together over the last six years."

                       About Titan Energy

Pittsburgh, Pennsylvania-based Titan Energy, LLC is an independent
developer and producer of natural gas, crude oil and NGLs, with
operations in basins across the United States with a focus on the
horizontal development of resource potential from the Eagle Ford
Shale in South Texas.  The Company is a sponsor and manager of
Drilling Partnerships in which the Company co-invest, to finance a
portion of its natural gas, crude oil and natural gas liquids
production activities.  Titan Energy is the Successor to the
business and operations of ARP, a Delaware limited partnership
organized in 2012.

For the period from Sept. 1 through Dec. 31, 2016, Titan Energy
reported a net loss of $33.31 million.  For the period from  Jan.
1, 2016, through Aug. 31, 2016, the Company reported a net loss of
$177.43 million.

Grant Thornton LLP, in Cleveland, Ohio, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2016, citing that the
Company does not have sufficient liquidity to repay all of its
current debt obligations.  The Company's business plan for 2017
contemplates asset sales, obtaining additional working capital, and
the refinancing or restructuring of its credit agreements to
long-term arrangements, or other modifications to its capital
structure.  The Company's ability to achieve the foregoing elements
of its business plan, which may be necessary to permit the
realization of assets and satisfaction of liabilities in the
ordinary course of business, is uncertain and raises substantial
doubt about its ability to continue as a going concern.

As of Sept. 30, 2017, Titan Energy had $605.4 million in total
assets, $605.5 million in total liabilities and a $61,000 total
members' deficit.


TIVO CORP: Strategic Alternatives No Impact on Moody's Ba3 Rating
-----------------------------------------------------------------
Moody's Investors Service said that TiVo Corporation's ("TiVo", Ba3
stable) February 27 announcement that its board of directors and
management team are exploring strategic alternatives has no
immediate impact on the company's ratings or outlook.

TiVo Corporation's products and services enable content discovery
and advertising in the entertainment technology industry. The
Company has a leading patent portfolio covering aspects of content
discovery, digital video recording ("DVR") and video-on- demand
("VOD") functionality, multi-screen functionality, as well as
interactive applications and advertising, which are used in
deploying Interactive Program Guides ("IPG") and DVRs. TiVo
generated $826.5 million in revenue in 2017.



VILLAGE VENTURE: Hires Neil Denman as Accountant
------------------------------------------------
Village Venture Realty, Inc., seeks authority from the U.S.
Bankruptcy Court for the Eastern and Western District of Arkansas
to employ Neil Denman, CPA, as accountant to the Debtor.

Village Venture requires Neil Denman to:

   a. give the Debtor accounting and tax advice with respect to
      its position and duties as Debtor in Possession in the
      operation of its business and management of its finances;

   b. prepare on behalf of Debtor, all necessary financial
      reports, monthly operating reports, quarterly summary
      reports, reconciliation, tax returns, and any other
      reports, compilations or documents relating thereto and to
      appear before this Court and any other court in reference
      thereto; and

   c. perform all other accounting and tax services for Debtor
      that may be necessary.

Neil Denman will be paid at the hourly rate of $135. Neil Denman
will also be reimbursed for reasonable out-of-pocket expenses
incurred.

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

Neil Denman can be reached at:

     Neil Denman
     310 Natural Resources Drive
     Little Rock, AR 72205
     Tel: (501) 229-8806

                 About Village Venture Realty

Village Venture Realty, Inc., doing business as Village Ventures
Realty, Inc., and ERA Equity Group, is a privately held real estate
company based in Hot Springs Village, Arizona. Village Venture
lists and sells properties of other people and buys properties for
subdivisions, building out roads, utilities, and other
infrastructure. The company also entered into the business of
financing home sales in its subdivisions.

The Company previously sought bankruptcy protection on Feb. 8, 2016
(Bankr. W.D. Ark. Case No. 16-72187) and on Sept. 14, 2016 (Bankr.
W.D. Ark. Case No. 16-70284).

Village Venture again sought Chapter 11 protection (Bankr. W.D.
Ark. Case No. 17-73221) on Dec. 28, 2017.  In the petition signed
by Gary Coleman, ites president, the Debtor estimated $1 million to
$10 million in both assets and liabilities.  Jennifer M. Lancaster,
Esq., at Lancaster Law Firm, serves as bankruptcy counsel to the
Debtor.  ABC Law Center is the co-counsel.



W. W. CONSTRUCTION: Taps Vanden Bos & Chapman, LLP as Attorney
--------------------------------------------------------------
W. W. Construction, LLC, seeks authority from the U.S. Bankruptcy
Court for the District of Oregon to hire Vanden Bos & Chapman, LLP,
as its attorney.

The professional services that VBC is to render are:

     (a) give the Debtor legal advice with respect to Debtor's
powers and duties as debtor-in-possession in the operation of
Debtor's business;

     (b) institute such adversary proceedings as are necessary in
the case;

     (c) represent the Debtor generally in the proceedings and to
propose on behalf of Debtor as debtor-in-possession necessary
applications, answers, orders, reports and other legal papers; and


     (d) perform all other legal services for the
debtor-in-possession or to employ an attorney for such professional
services.

The current hourly rates of VBC are:

     Robert J Vanden Bos, Managing Partner   $520
     Ann K. Chapman, Partner                 $450
     Douglas Ricks, Partner                  $395
     Christopher Coyle, Partner              $375
     Certified Bankruptcy Assistants         $250
     Legal Assistants                        $130

Douglas R. Ricks assures the Court that VBC has no connection with
the creditors or any other adverse party or its attorneys, and VBC
represents no interest adverse to the Debtor as
debtor-in-possession or to the estate in the matters upon which VBC
is to be engaged.

The counsel can be reached through:

     Douglas R. Ricks, Esq.
     VANDEN BOS & CHAPMAN, LLP
     319 SW Washington St., Ste. 520
     Portland, OR 97204
     Tel: 503-241-4861
     Fax: 503-241-3731
     E-mail: vbcservicedougr@yahoo.com

                      About W. W. Construction

W. W. Construction, LLC, is a family owned and operated business
founded in 1988 and is headquartered in Newport, Oregon.  Acting as
a general and sub contractor, W. W. Construction provides
excavating, site work and underground utilities for projects
located across the Northwest.

W. W. Construction filed a Chapter 11 petition (Bankr. D. Ore. Case
No. 18-60234) on Jan. 29, 2018.  In the petition signed by Beth
Wheeler, managing member, the Debtor estimated $1 million to $10
million both in assets and liabilities.  The case is assigned to
Judge David W Hercher.  Douglas R. Ricks, Esq. at Vanden Bos &
Chapman, LLP, is the Debtor's counsel.


WESTAMPTON COURTS: Disclosure Statement Hearing Set for March 20
----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of New Jersey is set to
hold a hearing on March 20, at 2:00 p.m., to consider approval of
the disclosure statement, which explains the proposed Chapter 11
plan of reorganization for Westampton Courts Condominium One
Association.

The hearing will take place at Courtroom 3.  Objections must be
filed no later than seven days prior to the hearing.

                     About Westampton Courts
                   Condominium One Association

Westampton Courts Condominium One Association filed a Chapter 11
bankruptcy petition (Bankr. D.N.J. Case No. 17-30543) on Oct. 10,
2017, listing under $1 million in both assets and liabilities.  The
Debtor hired Allen I. Gorski, Esq., at Gorski & Knowlton PC, as
attorney, and McGovern Legal Services, as special counsel.


WILLIAMS SEAFOOD: Disclosure Statement Hearing Set for March 29
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Georgia is
set to hold a hearing on March 29, at 10:00 a.m., to consider
approval of 3 Sea Sons, LLC's disclosure statement, which explains
its proposed Chapter 11 plan of reorganization for Williams Seafood
Restaurant, Inc.

The hearing will take place at the U.S. Courthouse, Bankruptcy
Courtroom 228.  Objections to the disclosure statement are due by
March 23.

                 About Williams Seafood Restaurant

Headquartered in Savannah, Georgia, Williams Seafood Restaurant,
Inc. filed for Chapter 11 protection (Bankr. S.D. Ga. Case No.
17-40819) on June 2, 2017, listing its estimated assets at $1
million to $10 million and estimated liabilities at $500,000 to $1
million. The petition was signed by Carol Williams Schwalbe,
president.


WORLD ACCEPTANCE: S&P Affirms 'B+' ICR, Outlook Still Negative
--------------------------------------------------------------
S&P Global Ratings affirmed its 'B+' issuer credit rating on World
Acceptance Corp. The outlook remains negative.

Rationale

S&P's rating on World Acceptance reflects the company's exposure to
regulatory and operational risks, as well as its concentrated
funding. The company's low leverage and strong cash flow generation
partially offset some of these weaknesses.

Outlook

The negative outlook reflects the company's near-term refinancing
risk and regulatory risks related to the investigation into
potential violations of the FCPA. Further, S&P has some uncertainty
regarding future charge-offs and delinquent loans, specifically in
the company's Mexico operations.

Downside scenario

S&P said, "We could lower our rating within the next 12 months if
the company's charge-offs increase beyond 16% on a sustained basis,
or if it has difficulty renewing its credit facility on acceptable
terms. We may also lower our rating on World Acceptance if leverage
increases to more than 1.5x, or if regulatory, legislative, or
operational obstacles cause a further decline in financial or
operational performance over the next 12 months."

Upside scenario

An upgrade is unlikely over the next 12 months. However, S&P could
revise the outlook to stable if the company is able to improve its
operating performance while finding long-term replacements for
management roles and is able to renew or diversify its funding
facilities at favorable terms. Successful resolution of the
investigation into potential violations of the FCPA could also
support a stable outlook.

  Ratings Score Snapshot
  Issuer Credit Rating                     B+/Negative/--

  SACP                                     b+
   Anchor                                  bb+
   Entity Specific Anchor adjustments      0
   Business Position                       Moderate (-1)
   Capital, Leverage, and Earnings         Very Strong (+2)
   Risk Position                           Weak (-2)
   Funding And Liquidity               Moderate and Adequate (-1)
   Comparable Ratings Adjustment           -1

  External Influence                       0
   Government Influence                    0
   Group Influence                         0
   Rating Above The Sovereign              0


YOSKAR LIQUORS: Wants Plan Filing Deadline Moved to May 29
----------------------------------------------------------
Yoskar Liquors, Inc., asks the U.S. Bankruptcy Court for the
District of New Jersey to extend until May 29, 2018, the exclusive
period during which only the Debtor can file a plan of
reorganization.

A hearing on the Debtor's request is set for March 27, 2018, at
11:00 a.m.

The Debtor's exclusive right to file a plan was set for Nov. 30,
2017.  The Court has previously entered an court order on Nov. 29,
2017, extending the Debtor's exclusivity period through Feb. 28,
2018.

The Debtor has now retained new attorneys who need additional time
to prepare and file a Plan of Reorganization.

Copies of the notice and certification in support of the notice of
the Debtor's request for exclusivity extension are available at:

           http://bankrupt.com/misc/njb17-12196-61.pdf
           http://bankrupt.com/misc/njb17-12196-61-1.pdf

                      About Yoskar Liquors

Yoskar Liquors, Inc., sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 17-12196) on Feb. 3,
2017.  In the petition signed by Luisa Rodriguez, president, the
Debtor estimated assets of less than $50,000 and liabilities of
less than $500,000.  Leonard S. Singer, Esq., at Zazella & Singer,
Esqs., serves as the Debtor's bankruptcy counsel.


Z-1 MANAGEMENT: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Z-1 Management, LLC
        P.O. Box 22188
        Memphis, TN 38122

Business Description: Z-1 Management, LLC is a privately held
                      company whose principal assets are located
                      at 3035 Directors Row Memphis, Tennessee.

Chapter 11 Petition Date: March 2, 2018

Court: United States Bankruptcy Court
       Western District of Tennessee (Memphis)

Judge: Hon. Paulette J. Delk

Debtor's Counsel: Russell W. Savory, Esq.
                  BEARD & SAVORY, PLLC
                  119 South Main Street, Suite 500
                  Memphis, TN 38103
                  Tel: (901) 523-1110
                  E-mail: russ@bsavory.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Lawrence Migliara, Jr., member.

The Debtor did not file a list of its 20 largest unsecured
creditors.

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

         http://bankrupt.com/misc/tnwb18-21898.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.


[] Retailer Bankruptcy Filings Expected to Continue in 2018
-----------------------------------------------------------
Retailer bankruptcy filings in 2017 approached numbers not seen
since the Great Recession -- a trend that will continue for the
rest of this year and likely into 2019 as well, writes Michael
McGrail, Chief Operating Officer of Tiger Group, in a column for
ABL Advisor, an online publication serving the asset-based lending
community.

While some analysts predict either a slowdown in bankruptcies and
store closures or even an outright reversal of fortunes for
retailers this year, Mr. McGrail cites strong headwinds facing U.S.
department stores, mall-based specialty retailers and smaller
furniture chains, among others.  "The safest bet, as we see it, is
that today's generally positive economic trends will not be enough
to save many of the decades-old chains that are nearing the end of
their lifecycles," observes Mr. McGrail, a veteran of the ABL
sector.

All told, at least 21 major retailers filed for bankruptcy
protection last year.  Working alone or with partners, Tiger Group
ran liquidation sales for Gander Mountain, Gordmans, RadioShack, MC
Sports, Vanity, Sears Canada and hhgregg, to name a few.  As
McGrail notes in the column, the firm also entered into multiple
private deals involving undisclosed retailers, virtually all of
which were household names.  Meanwhile, the list of high-profile
bankruptcies in 2017 also includes the likes of Limited, Wet Seal,
Eastern Outfitters, BCBG Max Azria, Rue21, True Religion,
Perfumania, Vitamin World and Aerosoles.

In the Feb. 21 column ("Retail Bankruptcies -- Will the Shakeout
Persist?"), Mr. McGrail writes that most of the bigger transactions
in 2017 involved companies that were massively overleveraged -- a
situation facing many other retail chains in today's market.  "When
you are unable to cover your interest and bond payments," he
writes, "your demise will be dictated by financing. Of course, if
the Federal Reserve raises interest rates to more 'normal' levels
this year, a possibility that at the time of this writing had begun
to roil the stock market, the move would further increase the
likelihood of overleveraged chains needing to restructure."

He also points to the weakened state of many retail operators
today.  Traditional chains face stiff competition from the likes of
Amazon.com and Walmart.com, but they are also paying the price for
aggressive expansion strategies executed in years past,
Mr. McGrail says.

"While the bulk of retailer expansion occurred prior to 2008, a few
retailers have selectively opened new stores as the economy
gradually recovered," he writes.  "However, expansion stores in new
markets typically need time to achieve local recognition and
community goodwill before turning a profit.  Given the ongoing
contraction of sales in U.S. brick-and-mortar retailing, the
generally lower profits at such expansion stores are now a
liability for those chains that chose to grow."

Meanwhile, changes in consumer spending patterns are visible on a
number of fronts.  Mr. McGrail notes that national retailers used
to sign leases running anywhere from 10 to 20 years.  Today, some
of these chains are asking for short-term leases with five-year
renewal options, he relates.

The shift in spending can also be seen in the lower recovery values
on liquidations in certain retail segments.  "In furniture, hanging
a going-out-of-business sign no longer results in the same level of
traffic and sales it once did," Mr. McGrail writes.  "The same is
true of GOBs for mall-based retail stores due to less foot traffic.
Smartphone-addicted tweens, once the prime sales target, now
barely acknowledge the existence of malls.  As a result, U.S. mall
traffic decreased 5.5% year-over-year in 2017 alone. Additionally,
per-store inventory levels are relatively small in mall-based
chains, which puts significant constraints on the advertising spend
during a liquidation.  Historically, what worked was to simply rely
on the existing traffic at the mall to propel the GOB.  As this
traffic wanes, recoveries for mall-based stores decrease in kind."

In U.S. retailing, there are certainly some positive stories, he
says.  Many chains have made significant progress in adapting to
the new normal by shedding underperforming stores, ramping up
omni-channel capabilities, adding food, shrinking store prototypes,
signing store-in-store deals and the like.  Bearing this in mind,
one could argue that we're experiencing a normal evolution and that
the term "retail apocalypse" is a hyperbolic cliche, Mr. McGrail
writes.  "Nonetheless," he concludes, "the unfortunate reality is
that brick-and-mortar stores are clearly in the midst of an ongoing
shakeout.  Irrespective of economic conditions, the ABL sector can
count on a continued, dramatic transformation of the retail
industry."


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------
                                                Total
                                               Share-      Total
                                    Total    Holders'    Working
                                   Assets      Equity    Capital
  Company         Ticker             ($MM)       ($MM)      ($MM)
  -------         ------           ------    --------    -------
ABSOLUTE SOFTWRE  ALSWF US           92.3       (56.6)     (34.0)
ABSOLUTE SOFTWRE  OU1 GR             92.3       (56.6)     (34.0)
ABSOLUTE SOFTWRE  ABT CN             92.3       (56.6)     (34.0)
ABSOLUTE SOFTWRE  ABT2EUR EU         92.3       (56.6)     (34.0)
AGENUS INC        AJ81 GR           149.3       (51.6)      29.9
AGENUS INC        AGEN US           149.3       (51.6)      29.9
AGENUS INC        AJ81 TH           149.3       (51.6)      29.9
AGENUS INC        AGENEUR EU        149.3       (51.6)      29.9
AGENUS INC        AJ81 QT           149.3       (51.6)      29.9
AGENUS INC        AGENUSD EU        149.3       (51.6)      29.9
ALTAIR ENGINEE-A  ALTR US           301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  8A2 QT            301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  ALTREUR EU        301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  8A2 GR            301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  8A2 GZ            301.5       (60.2)     (92.4)
ALTAIR ENGINEE-A  8A2 TH            301.5       (60.2)     (92.4)
AMER RESTAUR-LP   ICTPU US           33.5        (4.0)      (6.2)
AMYRIS INC        AMRS US           138.6      (190.4)      (5.7)
AMYRIS INC        3A01 TH           138.6      (190.4)      (5.7)
AMYRIS INC        3A01 GR           138.6      (190.4)      (5.7)
AMYRIS INC        3A01 QT           138.6      (190.4)      (5.7)
AMYRIS INC        AMRSEUR EU        138.6      (190.4)      (5.7)
AMYRIS INC        AMRSUSD EU        138.6      (190.4)      (5.7)
APOLLO MEDICAL H  AMEH US            41.2        (7.3)      (7.0)
ARSANIS INC       ASNS US             7.6       (16.7)      (6.3)
ASPEN TECHNOLOGY  AZPN US           195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AST GR            195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AST TH            195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AZPNEUR EU        195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AST QT            195.8      (274.5)    (341.7)
ASPEN TECHNOLOGY  AZPNUSD EU        195.8      (274.5)    (341.7)
ATLATSA RESOURCE  ATL SJ            193.5      (142.5)     (46.4)
AUTOZONE INC      AZO US          9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZ5 TH          9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZ5 GR          9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZOEUR EU       9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZ5 QT          9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZOUSD EU       9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      0HJL LN         9,397.1    (1,525.1)    (350.4)
AVID TECHNOLOGY   AVID US           225.3      (270.4)     (78.0)
AVID TECHNOLOGY   AVD GR            225.3      (270.4)     (78.0)
AXIM BIOTECHNOLO  AXIM US             3.3        (4.9)      (3.5)
BENEFITFOCUS INC  BNFT US           171.2       (37.0)       7.0
BENEFITFOCUS INC  BTF GR            171.2       (37.0)       7.0
BIOHAVEN PHARMAC  BHVN US           184.7       156.2      157.4
BIOHAVEN PHARMAC  2VN GR            184.7       156.2      157.4
BIOHAVEN PHARMAC  BHVNEUR EU        184.7       156.2      157.4
BIOHAVEN PHARMAC  2VN TH            184.7       156.2      157.4
BIOHAVEN PHARMAC  2VN QT            184.7       156.2      157.4
BLACKSTAR ENTERP  BEGI US             6.3        (4.7)      (5.2)
BLUE BIRD CORP    BLBD US           248.8       (65.3)      11.2
BLUE RIDGE MOUNT  BRMR US         1,060.2      (212.5)     (62.4)
BOKU INC          BOKU LN             -           -          -
BOKU INC          BOKUGBX EU          -           -          -
BOMBARDIER INC-A  BBD/A CN       25,006.0    (3,732.0)   1,837.0
BOMBARDIER INC-A  BDRAF US       25,006.0    (3,732.0)   1,837.0
BOMBARDIER INC-B  BBD/B CN       25,006.0    (3,732.0)   1,837.0
BOMBARDIER INC-B  BDRBF US       25,006.0    (3,732.0)   1,837.0
BOMBARDIER INC-B  BBDBN MM       25,006.0    (3,732.0)   1,837.0
BOMBARDIER INC-B  0QZP LN        25,006.0    (3,732.0)   1,837.0
BRINKER INTL      EAT US          1,400.5      (552.9)    (257.4)
BRINKER INTL      BKJ GR          1,400.5      (552.9)    (257.4)
BRINKER INTL      BKJ QT          1,400.5      (552.9)    (257.4)
BRINKER INTL      EAT2EUR EU      1,400.5      (552.9)    (257.4)
BROOKFIELD REAL   BRE CN             95.0       (31.1)       3.0
BRP INC/CA-SUB V  DOO CN          2,575.8       (98.6)      91.1
BRP INC/CA-SUB V  B15A GR         2,575.8       (98.6)      91.1
BRP INC/CA-SUB V  BRPIF US        2,575.8       (98.6)      91.1
BUFFALO COAL COR  BUC SJ             49.8       (22.9)     (20.1)
BURLINGTON STORE  BURL US         2,843.4      (110.5)      22.8
BURLINGTON STORE  BUI GR          2,843.4      (110.5)      22.8
BURLINGTON STORE  BURL* MM        2,843.4      (110.5)      22.8
BURLINGTON STORE  BURLEUR EU      2,843.4      (110.5)      22.8
BURLINGTON STORE  BURLUSD EU      2,843.4      (110.5)      22.8
CADIZ INC         CDZI US            68.9       (76.3)       7.6
CADIZ INC         2ZC GR             68.9       (76.3)       7.6
CADIZ INC         0HS4 LN            68.9       (76.3)       7.6
CAESARS ENTERTAI  CZR US         14,353.0    (3,815.0)  (5,099.0)
CAESARS ENTERTAI  C08 GR         14,353.0    (3,815.0)  (5,099.0)
CAESARS ENTERTAI  CZREUR EU      14,353.0    (3,815.0)  (5,099.0)
CALIFORNIA RESOU  CRC US          6,207.0      (720.0)    (249.0)
CALIFORNIA RESOU  1CLB GR         6,207.0      (720.0)    (249.0)
CALIFORNIA RESOU  CRCEUR EU       6,207.0      (720.0)    (249.0)
CALIFORNIA RESOU  1CL TH          6,207.0      (720.0)    (249.0)
CALIFORNIA RESOU  1CLB QT         6,207.0      (720.0)    (249.0)
CALIFORNIA RESOU  CRCUSD EU       6,207.0      (720.0)    (249.0)
CAMBIUM LEARNING  ABCD US           155.0       (45.0)     (55.0)
CARDLYTICS INC    CDLX US            93.4        (9.2)      38.0
CARDLYTICS INC    CYX TH             93.4        (9.2)      38.0
CARDLYTICS INC    CDLXEUR EU         93.4        (9.2)      38.0
CARDLYTICS INC    CYX QT             93.4        (9.2)      38.0
CAREDX INC        CDNA US            75.1        (0.2)     (14.0)
CASELLA WASTE     WA3 GR            614.9       (37.9)      (4.2)
CASELLA WASTE     CWST US           614.9       (37.9)      (4.2)
CASELLA WASTE     WA3 TH            614.9       (37.9)      (4.2)
CASELLA WASTE     CWSTEUR EU        614.9       (37.9)      (4.2)
CASELLA WASTE     CWSTUSD EU        614.9       (37.9)      (4.2)
CDK GLOBAL INC    CDK US          2,690.0      (188.0)     514.1
CDK GLOBAL INC    C2G TH          2,690.0      (188.0)     514.1
CDK GLOBAL INC    CDKEUR EU       2,690.0      (188.0)     514.1
CDK GLOBAL INC    C2G GR          2,690.0      (188.0)     514.1
CDK GLOBAL INC    CDKUSD EU       2,690.0      (188.0)     514.1
CDK GLOBAL INC    C2G QT          2,690.0      (188.0)     514.1
CDK GLOBAL INC    0HQR LN         2,690.0      (188.0)     514.1
CHESAPEAKE ENERG  CHK* MM        12,425.0      (372.0)    (831.0)
CHESAPEAKE ENERG  CHKUSD EU      12,425.0      (372.0)    (831.0)
CHOICE HOTELS     CZH GR            927.6      (212.1)     108.4
CHOICE HOTELS     CHH US            927.6      (212.1)     108.4
CINCINNATI BELL   CBB US          2,162.4      (143.1)     353.1
CINCINNATI BELL   CIB1 GR         2,162.4      (143.1)     353.1
CINCINNATI BELL   CBBEUR EU       2,162.4      (143.1)     353.1
CLEAR CHANNEL-A   C7C GR          5,580.5    (1,284.2)     337.6
CLEAR CHANNEL-A   CCO US          5,580.5    (1,284.2)     337.6
CLEVELAND-CLIFFS  CVA GR          2,953.4      (444.1)   1,092.4
CLEVELAND-CLIFFS  CVA TH          2,953.4      (444.1)   1,092.4
CLEVELAND-CLIFFS  CLF US          2,953.4      (444.1)   1,092.4
CLEVELAND-CLIFFS  CLF* MM         2,953.4      (444.1)   1,092.4
CLEVELAND-CLIFFS  CVA QT          2,953.4      (444.1)   1,092.4
CLEVELAND-CLIFFS  CLF2EUR EU      2,953.4      (444.1)   1,092.4
CLEVELAND-CLIFFS  CVA GZ          2,953.4      (444.1)   1,092.4
CLEVELAND-CLIFFS  CLF2 EU         2,953.4      (444.1)   1,092.4
CLEVELAND-CLIFFS  0I0H LN         2,953.4      (444.1)   1,092.4
COCONNECT INC     CCON US             0.0        (0.1)      (0.1)
COGENT COMMUNICA  CCOI US           710.6      (102.5)     231.6
COGENT COMMUNICA  OGM1 GR           710.6      (102.5)     231.6
COMMUNITY HEALTH  CYH US         17,450.0      (165.0)   1,712.0
COMMUNITY HEALTH  CG5 GR         17,450.0      (165.0)   1,712.0
COMMUNITY HEALTH  CG5 TH         17,450.0      (165.0)   1,712.0
COMMUNITY HEALTH  CG5 QT         17,450.0      (165.0)   1,712.0
COMMUNITY HEALTH  CYH1EUR EU     17,450.0      (165.0)   1,712.0
COMMUNITY HEALTH  CYH1USD EU     17,450.0      (165.0)   1,712.0
CONSUMER CAPITAL  CCGN US             5.2        (2.5)      (2.6)
DELEK LOGISTICS   DKL US            443.5       (29.2)      18.7
DELEK LOGISTICS   D6L GR            443.5       (29.2)      18.7
DENNY'S CORP      DE8 GR            323.8       (97.4)     (53.6)
DENNY'S CORP      DENN US           323.8       (97.4)     (53.6)
DEX MEDIA INC     DMDA US         1,419.0    (1,284.0)  (1,999.0)
DINE BRANDS GLOB  DIN US          1,750.2      (146.7)      99.9
DINE BRANDS GLOB  IHP GR          1,750.2      (146.7)      99.9
DOLLARAMA INC     DOL CN          1,948.8       (15.3)     363.2
DOLLARAMA INC     DLMAF US        1,948.8       (15.3)     363.2
DOLLARAMA INC     DR3 GR          1,948.8       (15.3)     363.2
DOLLARAMA INC     DR3 GZ          1,948.8       (15.3)     363.2
DOLLARAMA INC     DOLEUR EU       1,948.8       (15.3)     363.2
DOLLARAMA INC     DR3 TH          1,948.8       (15.3)     363.2
DOLLARAMA INC     DR3 QT          1,948.8       (15.3)     363.2
DOLLARAMA INC     DOLCAD EU       1,948.8       (15.3)     363.2
DOMINO'S PIZZA    EZV TH            836.8    (2,735.4)     181.5
DOMINO'S PIZZA    EZV GR            836.8    (2,735.4)     181.5
DOMINO'S PIZZA    DPZ US            836.8    (2,735.4)     181.5
DOMINO'S PIZZA    EZV QT            836.8    (2,735.4)     181.5
DOMINO'S PIZZA    DPZEUR EU         836.8    (2,735.4)     181.5
DOMINO'S PIZZA    DPZUSD EU         836.8    (2,735.4)     181.5
DUN & BRADSTREET  DB5 GR          2,480.9      (811.2)      41.3
DUN & BRADSTREET  DB5 TH          2,480.9      (811.2)      41.3
DUN & BRADSTREET  DNB US          2,480.9      (811.2)      41.3
DUN & BRADSTREET  DB5 QT          2,480.9      (811.2)      41.3
DUN & BRADSTREET  DNB1EUR EU      2,480.9      (811.2)      41.3
EGAIN CORP        EGAN US            37.4        (9.8)     (13.8)
EGAIN CORP        EGCA GR            37.4        (9.8)     (13.8)
EGAIN CORP        EGANEUR EU         37.4        (9.8)     (13.8)
EGAIN CORP        0IFM LN            37.4        (9.8)     (13.8)
ENPHASE ENERGY    ENPH US           169.1        (9.1)      38.7
ENPHASE ENERGY    ENPHUSD EU        169.1        (9.1)      38.7
ENPHASE ENERGY    0QYE LN           169.1        (9.1)      38.7
ERIN ENERGY CORP  ERN US            229.5      (359.3)    (310.8)
ERIN ENERGY CORP  ERN SJ            229.5      (359.3)    (310.8)
ESPERION THERAPE  ESPR US           444.4      (396.3)     171.8
ESPERION THERAPE  0ET GR            444.4      (396.3)     171.8
ESPERION THERAPE  ESPREUR EU        444.4      (396.3)     171.8
ESPERION THERAPE  0ET QT            444.4      (396.3)     171.8
ESPERION THERAPE  ESPRUSD EU        444.4      (396.3)     171.8
ESPERION THERAPE  0IIM LN           444.4      (396.3)     171.8
EVERI HOLDINGS I  EVRI US         1,425.6      (123.8)      (5.1)
EVERI HOLDINGS I  G2C GR          1,425.6      (123.8)      (5.1)
EVERI HOLDINGS I  EVRIEUR EU      1,425.6      (123.8)      (5.1)
EVOLUS INC        EOLS US            77.5        (7.1)     (63.1)
EVOLUS INC        EVL GR             77.5        (7.1)     (63.1)
EVOLUS INC        EOLSEUR EU         77.5        (7.1)     (63.1)
FERRELLGAS-LP     FEG GR          1,705.0      (793.3)    (272.3)
FERRELLGAS-LP     FGP US          1,705.0      (793.3)    (272.3)
FTS INTERNATIONA  FTSI US           831.0      (468.5)     323.9
FTS INTERNATIONA  FT5 QT            831.0      (468.5)     323.9
GAMCO INVESTO-A   GBL US            128.3       (96.3)       -
GENERAL CANNABIS  CANNUSD EU          2.8        (6.1)      (8.1)
GNC HOLDINGS INC  IGN GR          1,516.6      (162.0)     478.1
GNC HOLDINGS INC  GNC US          1,516.6      (162.0)     478.1
GNC HOLDINGS INC  IGN TH          1,516.6      (162.0)     478.1
GNC HOLDINGS INC  GNC1USD EU      1,516.6      (162.0)     478.1
GNC HOLDINGS INC  GNC1EUR EU      1,516.6      (162.0)     478.1
GNC HOLDINGS INC  GNC* MM         1,516.6      (162.0)     478.1
GNC HOLDINGS INC  0IT2 LN         1,516.6      (162.0)     478.1
GOGO INC          GOGO US         1,403.2      (191.6)     276.6
GOGO INC          G0G QT          1,403.2      (191.6)     276.6
GOGO INC          G0G GR          1,403.2      (191.6)     276.6
GOGO INC          GOGOUSD EU      1,403.2      (191.6)     276.6
GOGO INC          GOGOEUR EU      1,403.2      (191.6)     276.6
GOGO INC          0IYQ LN         1,403.2      (191.6)     276.6
GREEN PLAINS PAR  GPP US             92.3       (62.8)       5.6
GREEN PLAINS PAR  8GP GR             92.3       (62.8)       5.6
H&R BLOCK INC     HRB US          1,716.6      (412.8)      51.4
H&R BLOCK INC     HRB GR          1,716.6      (412.8)      51.4
H&R BLOCK INC     HRB TH          1,716.6      (412.8)      51.4
H&R BLOCK INC     HRB QT          1,716.6      (412.8)      51.4
H&R BLOCK INC     HRBEUR EU       1,716.6      (412.8)      51.4
H&R BLOCK INC     HRBUSD EU       1,716.6      (412.8)      51.4
H&R BLOCK INC     0HOB LN         1,716.6      (412.8)      51.4
HCA HEALTHCARE I  2BH GR         36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  HCA US         36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  2BH TH         36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  2BH QT         36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  HCAEUR EU      36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  HCAUSD EU      36,593.0    (4,995.0)   3,819.0
HCA HEALTHCARE I  0J1R LN        36,593.0    (4,995.0)   3,819.0
HERBALIFE LTD     HOO GR          2,895.1      (334.7)     953.5
HERBALIFE LTD     HLF US          2,895.1      (334.7)     953.5
HERBALIFE LTD     HOO QT          2,895.1      (334.7)     953.5
HERBALIFE LTD     HLFEUR EU       2,895.1      (334.7)     953.5
HERBALIFE LTD     HOO GZ          2,895.1      (334.7)     953.5
HERBALIFE LTD     HLFUSD EU       2,895.1      (334.7)     953.5
HORTONWORKS INC   HDP US            250.7       (65.0)     (39.1)
HORTONWORKS INC   14K GR            250.7       (65.0)     (39.1)
HORTONWORKS INC   14K QT            250.7       (65.0)     (39.1)
HORTONWORKS INC   HDPEUR EU         250.7       (65.0)     (39.1)
HORTONWORKS INC   HDPUSD EU         250.7       (65.0)     (39.1)
HORTONWORKS INC   0J64 LN           250.7       (65.0)     (39.1)
HP COMPANY-BDR    HPQB34 BZ      35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQ* MM        35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQ US         35,245.0    (2,742.0)  (2,132.0)
HP INC            7HP TH         35,245.0    (2,742.0)  (2,132.0)
HP INC            7HP GR         35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQ TE         35,245.0    (2,742.0)  (2,132.0)
HP INC            HWP QT         35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQ CI         35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQ SW         35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQCHF EU      35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQUSD EU      35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQUSD SW      35,245.0    (2,742.0)  (2,132.0)
HP INC            HPQEUR EU      35,245.0    (2,742.0)  (2,132.0)
HP INC            7HP GZ         35,245.0    (2,742.0)  (2,132.0)
HP INC            0J2E LN        35,245.0    (2,742.0)  (2,132.0)
IDEXX LABS        IDXX US         1,713.4       (53.8)     (32.6)
IDEXX LABS        IX1 GR          1,713.4       (53.8)     (32.6)
IDEXX LABS        IX1 TH          1,713.4       (53.8)     (32.6)
IDEXX LABS        IX1 QT          1,713.4       (53.8)     (32.6)
IDEXX LABS        IDXX AV         1,713.4       (53.8)     (32.6)
IDEXX LABS        IX1 GZ          1,713.4       (53.8)     (32.6)
IDEXX LABS        0J8P LN         1,713.4       (53.8)     (32.6)
IMMUNOGEN INC     IMU GR            294.7       (17.9)     238.9
IMMUNOGEN INC     IMGN US           294.7       (17.9)     238.9
IMMUNOGEN INC     IMU TH            294.7       (17.9)     238.9
IMMUNOGEN INC     IMU QT            294.7       (17.9)     238.9
IMMUNOGEN INC     IMU GZ            294.7       (17.9)     238.9
IMMUNOGEN INC     IMGNEUR EU        294.7       (17.9)     238.9
IMMUNOGEN INC     IMGNUSD EU        294.7       (17.9)     238.9
INNOVATE BIOPHAR  INNT US             3.4        (1.5)      (3.8)
INNOVIVA INC      INVA US           367.3      (242.7)     165.6
INNOVIVA INC      HVE GR            367.3      (242.7)     165.6
INNOVIVA INC      INVAEUR EU        367.3      (242.7)     165.6
INNOVIVA INC      HVE GZ            367.3      (242.7)     165.6
IWEB INC          IWBB US             0.1        (0.3)      (0.3)
JACK IN THE BOX   JBX GR          1,157.6      (374.6)     138.0
JACK IN THE BOX   JACK US         1,157.6      (374.6)     138.0
JACK IN THE BOX   JACK1EUR EU     1,157.6      (374.6)     138.0
JACK IN THE BOX   JBX GZ          1,157.6      (374.6)     138.0
JACK IN THE BOX   JBX QT          1,157.6      (374.6)     138.0
JACK IN THE BOX   JACK1USD EU     1,157.6      (374.6)     138.0
JUST ENERGY GROU  JE US           1,387.5       (75.7)     (71.4)
JUST ENERGY GROU  1JE GR          1,387.5       (75.7)     (71.4)
JUST ENERGY GROU  JE CN           1,387.5       (75.7)     (71.4)
KERYX BIOPHARM    KYX GR            158.9       (14.1)      96.1
KERYX BIOPHARM    KERX US           158.9       (14.1)      96.1
KERYX BIOPHARM    KYX TH            158.9       (14.1)      96.1
KERYX BIOPHARM    KYX QT            158.9       (14.1)      96.1
KERYX BIOPHARM    KERXEUR EU        158.9       (14.1)      96.1
KERYX BIOPHARM    KERXUSD EU        158.9       (14.1)      96.1
L BRANDS INC      LTD GR          8,148.5      (751.0)   1,262.2
L BRANDS INC      LTD TH          8,148.5      (751.0)   1,262.2
L BRANDS INC      LB US           8,148.5      (751.0)   1,262.2
L BRANDS INC      LBEUR EU        8,148.5      (751.0)   1,262.2
L BRANDS INC      LB* MM          8,148.5      (751.0)   1,262.2
L BRANDS INC      LTD QT          8,148.5      (751.0)   1,262.2
L BRANDS INC      LBUSD EU        8,148.5      (751.0)   1,262.2
L BRANDS INC      0JSC LN         8,148.5      (751.0)   1,262.2
LAMB WESTON       LW US           2,714.9      (474.9)     357.8
LAMB WESTON       0L5 GR          2,714.9      (474.9)     357.8
LAMB WESTON       LW-WEUR EU      2,714.9      (474.9)     357.8
LAMB WESTON       0L5 TH          2,714.9      (474.9)     357.8
LAMB WESTON       0L5 QT          2,714.9      (474.9)     357.8
LAMB WESTON       LW-WUSD EU      2,714.9      (474.9)     357.8
LEGACY RESERVES   LRT GR          1,493.1      (271.7)     (32.2)
LEGACY RESERVES   LGCY US         1,493.1      (271.7)     (32.2)
LEGACY RESERVES   LRT QT          1,493.1      (271.7)     (32.2)
LEGACY RESERVES   LRT GZ          1,493.1      (271.7)     (32.2)
LIVEXLIVE MEDIA   LIVX US             4.1        (3.9)      (7.5)
LOCKHEED MARTIN   LMT US         46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LOM GR         46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LOM TH         46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LOM QT         46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT* MM        46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT SW         46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT1EUR EU     46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT1CHF EU     46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LMT1USD EU     46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   LOM GZ         46,521.0      (609.0)   4,824.0
LOCKHEED MARTIN   0R3E LN        46,521.0      (609.0)   4,824.0
LOCKHEED-BDR      LMTB34 BZ      46,521.0      (609.0)   4,824.0
LOCKHEED-CEDEAR   LMT AR         46,521.0      (609.0)   4,824.0
MANNKIND CORP     MNKDUSD EU         84.6      (214.7)     (30.4)
MCDONALDS - BDR   MCDC34 BZ      33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MDO TH         33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCD TE         33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MDO GR         33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCD* MM        33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCD US         33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCD SW         33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MDO QT         33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCD CI         33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCDCHF EU      33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCDUSD EU      33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCDUSD SW      33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCDEUR EU      33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MDO GZ         33,803.7    (3,268.0)   2,436.6
MCDONALDS CORP    MCD AV         33,803.7    (3,268.0)   2,436.6
MCDONALDS-CEDEAR  MCD AR         33,803.7    (3,268.0)   2,436.6
MDC PARTNERS-A    MDCA US         1,698.9       (92.6)    (232.9)
MDC PARTNERS-A    MD7A GR         1,698.9       (92.6)    (232.9)
MDC PARTNERS-A    MDCAEUR EU      1,698.9       (92.6)    (232.9)
MEDLEY MANAGE-A   MDLY US           135.5       (11.6)      35.7
MICHAELS COS INC  MIK US          2,306.1    (1,732.8)     482.5
MICHAELS COS INC  MIM GR          2,306.1    (1,732.8)     482.5
MIRAGEN THERAPEU  MGEN US            47.1        39.0       39.9
MIRAGEN THERAPEU  0K1R LN            47.1        39.0       39.9
MONEYGRAM INTERN  MGI US          4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N GR         4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N QT         4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N TH         4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  MGIEUR EU       4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  MGIUSD EU       4,546.1      (184.0)     (66.1)
MOODY'S CORP      DUT GR          8,594.2      (114.9)     517.3
MOODY'S CORP      MCO US          8,594.2      (114.9)     517.3
MOODY'S CORP      DUT TH          8,594.2      (114.9)     517.3
MOODY'S CORP      DUT QT          8,594.2      (114.9)     517.3
MOODY'S CORP      MCOEUR EU       8,594.2      (114.9)     517.3
MOODY'S CORP      MCO* MM         8,594.2      (114.9)     517.3
MOODY'S CORP      DUT GZ          8,594.2      (114.9)     517.3
MOODY'S CORP      MCOUSD EU       8,594.2      (114.9)     517.3
MOODY'S CORP      0K36 LN         8,594.2      (114.9)     517.3
MOSAIC A-CLASS A  MOSC US             0.6        (0.0)      (0.0)
MOSAIC ACQUISITI  MOSC/U US           0.6        (0.0)      (0.0)
MOTOROLA SOLUTIO  MTLA GR         8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MTLA TH         8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MSI US          8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MOT TE          8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MTLA QT         8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MSI1EUR EU      8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MTLA GZ         8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  MSI1USD EU      8,208.0    (1,727.0)   1,019.0
MOTOROLA SOLUTIO  0K3H LN         8,208.0    (1,727.0)   1,019.0
MSG NETWORKS- A   MSGN US           851.8      (743.2)     229.6
MSG NETWORKS- A   1M4 GR            851.8      (743.2)     229.6
MSG NETWORKS- A   1M4 TH            851.8      (743.2)     229.6
MSG NETWORKS- A   1M4 QT            851.8      (743.2)     229.6
MSG NETWORKS- A   MSGNEUR EU        851.8      (743.2)     229.6
NATHANS FAMOUS    NATH US            92.9       (85.0)      51.8
NATHANS FAMOUS    NFA GR             92.9       (85.0)      51.8
NATIONAL CINEMED  XWM GR          1,153.4       (61.9)      70.0
NATIONAL CINEMED  NCMI US         1,153.4       (61.9)      70.0
NATIONAL CINEMED  NCMIEUR EU      1,153.4       (61.9)      70.0
NAVISTAR INTL     IHR GR          6,135.0    (4,574.0)     515.0
NAVISTAR INTL     NAV US          6,135.0    (4,574.0)     515.0
NAVISTAR INTL     IHR TH          6,135.0    (4,574.0)     515.0
NAVISTAR INTL     IHR QT          6,135.0    (4,574.0)     515.0
NAVISTAR INTL     IHR GZ          6,135.0    (4,574.0)     515.0
NAVISTAR INTL     NAVEUR EU       6,135.0    (4,574.0)     515.0
NAVISTAR INTL     NAVUSD EU       6,135.0    (4,574.0)     515.0
NEW ENG RLTY-LP   NEN US            237.8       (32.4)       -
NYMOX PHARMACEUT  NYMX US             1.3        (0.7)      (0.7)
NYMOX PHARMACEUT  NYMXUSD EU          1.3        (0.7)      (0.7)
OMEROS CORP       3O8 GR            116.3        (2.8)     (26.3)
OMEROS CORP       OMER US           116.3        (2.8)     (26.3)
OMEROS CORP       3O8 TH            116.3        (2.8)     (26.3)
OMEROS CORP       OMEREUR EU        116.3        (2.8)     (26.3)
OMEROS CORP       OMERUSD EU        116.3        (2.8)     (26.3)
OMEROS CORP       0KBU LN           116.3        (2.8)     (26.3)
PAPA JOHN'S INTL  PZZA US           555.6       (99.2)      37.1
PAPA JOHN'S INTL  PP1 GR            555.6       (99.2)      37.1
PAPA JOHN'S INTL  PZZAEUR EU        555.6       (99.2)      37.1
PENN NATL GAMING  PN1 GR          5,234.8       (73.1)    (129.0)
PENN NATL GAMING  PENN US         5,234.8       (73.1)    (129.0)
PHILIP MORRIS IN  PM1EUR EU      42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PMI SW         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM1 TE         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  4I1 TH         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM1CHF EU      42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  4I1 GR         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM US          42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM FP          42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM1 EU         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  4I1 QT         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PMI1 IX        42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PMI EB         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  4I1 GZ         42,968.0   (10,230.0)   5,632.0
PHILIP MORRIS IN  PM LN          42,968.0   (10,230.0)   5,632.0
PINNACLE ENTERTA  PNK US          3,950.2      (321.0)     (60.7)
PINNACLE ENTERTA  65P GR          3,950.2      (321.0)     (60.7)
PLANET FITNESS-A  PLNT US         1,092.5      (136.9)      65.0
PLANET FITNESS-A  3PL TH          1,092.5      (136.9)      65.0
PLANET FITNESS-A  3PL GR          1,092.5      (136.9)      65.0
PLANET FITNESS-A  3PL QT          1,092.5      (136.9)      65.0
PLANET FITNESS-A  PLNT1EUR EU     1,092.5      (136.9)      65.0
PLANET FITNESS-A  PLNT1USD EU     1,092.5      (136.9)      65.0
PLANET FITNESS-A  0KJD LN         1,092.5      (136.9)      65.0
PLAYAGS INC       AGS US            639.8       (19.5)      30.6
PROS HOLDINGS IN  PH2 GR            288.7       (47.0)     100.0
PROS HOLDINGS IN  PRO US            288.7       (47.0)     100.0
QUANTUM CORP      QTM1USD EU        211.2      (124.3)     (48.3)
REATA PHARMACE-A  RETA US           135.3      (147.0)      85.5
REATA PHARMACE-A  2R3 GR            135.3      (147.0)      85.5
REATA PHARMACE-A  RETAEUR EU        135.3      (147.0)      85.5
REGAL ENTERTAI-A  RGC US          2,842.9      (855.8)     (98.1)
REGAL ENTERTAI-A  RETA GR         2,842.9      (855.8)     (98.1)
REGAL ENTERTAI-A  RGCEUR EU       2,842.9      (855.8)     (98.1)
REMARK HOLD INC   3SWN GR           109.7        (9.4)     (58.2)
REMARK HOLD INC   MARK US           109.7        (9.4)     (58.2)
REMARK HOLD INC   MARKEUR EU        109.7        (9.4)     (58.2)
REMARK HOLD INC   MARKUSD EU        109.7        (9.4)     (58.2)
RESOLUTE ENERGY   R21 GR            792.3       (73.8)    (109.3)
RESOLUTE ENERGY   REN US            792.3       (73.8)    (109.3)
RESOLUTE ENERGY   RENEUR EU         792.3       (73.8)    (109.3)
RESTORATION ROBO  HAIR US            16.0       (14.0)      (7.5)
RESTORATION ROBO  HAIRUSD EU         16.0       (14.0)      (7.5)
REVLON INC-A      REV US          3,167.8      (701.9)     241.5
REVLON INC-A      RVL1 GR         3,167.8      (701.9)     241.5
REVLON INC-A      REVEUR EU       3,167.8      (701.9)     241.5
RH                RH US           1,801.6       (25.3)     219.2
RH                RS1 GR          1,801.6       (25.3)     219.2
RH                RH* MM          1,801.6       (25.3)     219.2
RH                RHEUR EU        1,801.6       (25.3)     219.2
RH                0KTF LN         1,801.6       (25.3)     219.2
ROSETTA STONE IN  RST US            196.8        (1.4)     (58.1)
ROSETTA STONE IN  RS8 GR            196.8        (1.4)     (58.1)
ROSETTA STONE IN  RS8 TH            196.8        (1.4)     (58.1)
ROSETTA STONE IN  RST1EUR EU        196.8        (1.4)     (58.1)
ROSETTA STONE IN  RST1USD EU        196.8        (1.4)     (58.1)
RR DONNELLEY & S  DLLN GR         3,904.5      (202.9)     663.9
RR DONNELLEY & S  RRD US          3,904.5      (202.9)     663.9
RR DONNELLEY & S  DLLN TH         3,904.5      (202.9)     663.9
RR DONNELLEY & S  RRDEUR EU       3,904.5      (202.9)     663.9
RR DONNELLEY & S  RRDUSD EU       3,904.5      (202.9)     663.9
RYERSON HOLDING   RYI US          1,817.3       (14.4)     731.7
RYERSON HOLDING   7RY GR          1,817.3       (14.4)     731.7
SALLY BEAUTY HOL  SBH US          2,113.3      (342.6)     573.7
SALLY BEAUTY HOL  S7V GR          2,113.3      (342.6)     573.7
SANCHEZ ENERGY C  SN US           2,470.6       (41.6)    (111.7)
SANCHEZ ENERGY C  SN* MM          2,470.6       (41.6)    (111.7)
SANCHEZ ENERGY C  SNUSD EU        2,470.6       (41.6)    (111.7)
SBA COMM CORP     4SB GR          7,320.2    (2,599.1)     (19.4)
SBA COMM CORP     SBAC US         7,320.2    (2,599.1)     (19.4)
SBA COMM CORP     SBJ TH          7,320.2    (2,599.1)     (19.4)
SBA COMM CORP     SBACEUR EU      7,320.2    (2,599.1)     (19.4)
SBA COMM CORP     4SB GZ          7,320.2    (2,599.1)     (19.4)
SBA COMM CORP     SBACUSD EU      7,320.2    (2,599.1)     (19.4)
SBA COMM CORP     0KYZ LN         7,320.2    (2,599.1)     (19.4)
SCIENTIFIC GAMES  SGMS US         7,725.3    (2,027.0)   1,136.6
SCIENTIFIC GAMES  TJW GR          7,725.3    (2,027.0)   1,136.6
SHELL MIDSTREAM   SHLX US         1,366.5      (565.9)     148.7
SHELL MIDSTREAM   49M GR          1,366.5      (565.9)     148.7
SHELL MIDSTREAM   49M TH          1,366.5      (565.9)     148.7
SHELL MIDSTREAM   49M QT          1,366.5      (565.9)     148.7
SHELL MIDSTREAM   SHLXUSD EU      1,366.5      (565.9)     148.7
SIGA TECH INC     SIGA US           148.7      (312.8)      27.9
SIRIUS XM HOLDIN  SIRI US         8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  RDO TH          8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  RDO GR          8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  RDO QT          8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  SIRIEUR EU      8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  RDO GZ          8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  SIRI AV         8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  SIRIUSD EU      8,329.4    (1,523.9)  (2,350.6)
SIRIUS XM HOLDIN  0L6Z LN         8,329.4    (1,523.9)  (2,350.6)
SIX FLAGS ENTERT  SIX US          2,456.7       (10.7)     (76.8)
SIX FLAGS ENTERT  6FE GR          2,456.7       (10.7)     (76.8)
SIX FLAGS ENTERT  SIXEUR EU       2,456.7       (10.7)     (76.8)
SIX FLAGS ENTERT  SIXUSD EU       2,456.7       (10.7)     (76.8)
SOLARWINDOW TECH  WNDW US             3.0        (0.9)       2.6
SOLARWINDOW TECH  WNDWUSD EU          3.0        (0.9)       2.6
SONIC CORP        SONC US           552.9      (237.3)      38.7
SONIC CORP        SO4 GR            552.9      (237.3)      38.7
SONIC CORP        SONCEUR EU        552.9      (237.3)      38.7
SONIC CORP        SO4 TH            552.9      (237.3)      38.7
STRAIGHT PATH-B   STRP US            10.1       (20.3)     (13.5)
STRAIGHT PATH-B   5I0 GR             10.1       (20.3)     (13.5)
SYNTEL INC        SYNT US           483.7       (12.9)     157.2
SYNTEL INC        SYE GR            483.7       (12.9)     157.2
SYNTEL INC        SYE TH            483.7       (12.9)     157.2
SYNTEL INC        SYE QT            483.7       (12.9)     157.2
SYNTEL INC        SYNT1EUR EU       483.7       (12.9)     157.2
SYNTEL INC        SYNT* MM          483.7       (12.9)     157.2
SYNTEL INC        SYNT1USD EU       483.7       (12.9)     157.2
TAILORED BRANDS   TLRD US         2,111.3       (15.0)     735.6
TAILORED BRANDS   WRMA GR         2,111.3       (15.0)     735.6
TAILORED BRANDS   TLRD* MM        2,111.3       (15.0)     735.6
TAILORED BRANDS   TLRDEUR EU      2,111.3       (15.0)     735.6
TANDEM DIABETES   TNDM US            95.3       (29.1)      28.1
TANDEM DIABETES   TNDMUSD EU         95.3       (29.1)      28.1
TAUBMAN CENTERS   TU8 GR          4,214.6      (142.5)       -
TAUBMAN CENTERS   TCO US          4,214.6      (142.5)       -
TAUBMAN CENTERS   0LDD LN         4,214.6      (142.5)       -
TINTRI INC        TNTR US           100.9       (68.4)       3.5
TINTRI INC        0LFL LN           100.9       (68.4)       3.5
TOWN SPORTS INTE  CLUB US           236.7       (78.0)       5.4
TRANSDIGM GROUP   T7D GR         10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   TDG US         10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   T7D QT         10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   TDGEUR EU      10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   T7D TH         10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   TDGUSD EU      10,112.1    (2,599.7)   1,447.9
TRANSDIGM GROUP   0REK LN        10,112.1    (2,599.7)   1,447.9
TUPPERWARE BRAND  TUP US          1,388.0      (119.4)     (28.3)
TUPPERWARE BRAND  TUP GR          1,388.0      (119.4)     (28.3)
TUPPERWARE BRAND  TUP QT          1,388.0      (119.4)     (28.3)
TUPPERWARE BRAND  TUP GZ          1,388.0      (119.4)     (28.3)
TUPPERWARE BRAND  TUP TH          1,388.0      (119.4)     (28.3)
TUPPERWARE BRAND  TUP1EUR EU      1,388.0      (119.4)     (28.3)
TUPPERWARE BRAND  TUP1USD EU      1,388.0      (119.4)     (28.3)
ULTRA PETROLEUM   UPL US          1,862.1    (1,257.8)    (157.3)
ULTRA PETROLEUM   UPM1 GR         1,862.1    (1,257.8)    (157.3)
ULTRA PETROLEUM   UPM1 TH         1,862.1    (1,257.8)    (157.3)
ULTRA PETROLEUM   UPL1USD EU      1,862.1    (1,257.8)    (157.3)
UNISYS CORP       UIS EU          2,542.7    (1,325.7)     418.6
UNISYS CORP       UISCHF EU       2,542.7    (1,325.7)     418.6
UNISYS CORP       UISEUR EU       2,542.7    (1,325.7)     418.6
UNISYS CORP       UIS US          2,542.7    (1,325.7)     418.6
UNISYS CORP       UIS1 SW         2,542.7    (1,325.7)     418.6
UNISYS CORP       USY1 TH         2,542.7    (1,325.7)     418.6
UNISYS CORP       USY1 GR         2,542.7    (1,325.7)     418.6
UNISYS CORP       USY1 GZ         2,542.7    (1,325.7)     418.6
UNISYS CORP       USY1 QT         2,542.7    (1,325.7)     418.6
UNITI GROUP INC   UNIT US         4,330.1    (1,123.6)       -
UNITI GROUP INC   8XC GR          4,330.1    (1,123.6)       -
UNITI GROUP INC   0LJB LN         4,330.1    (1,123.6)       -
VALVOLINE INC     VVV US          1,827.0      (194.0)     367.0
VALVOLINE INC     0V4 GR          1,827.0      (194.0)     367.0
VALVOLINE INC     0V4 TH          1,827.0      (194.0)     367.0
VALVOLINE INC     VVVEUR EU       1,827.0      (194.0)     367.0
VALVOLINE INC     0V4 QT          1,827.0      (194.0)     367.0
VECTOR GROUP LTD  VGR GR          1,328.3      (331.8)     409.1
VECTOR GROUP LTD  VGR US          1,328.3      (331.8)     409.1
VECTOR GROUP LTD  VGR QT          1,328.3      (331.8)     409.1
VECTOR GROUP LTD  VGREUR EU       1,328.3      (331.8)     409.1
VERISIGN INC      VRS TH          2,941.2    (1,260.3)     885.6
VERISIGN INC      VRS GR          2,941.2    (1,260.3)     885.6
VERISIGN INC      VRSN US         2,941.2    (1,260.3)     885.6
VERISIGN INC      VRS QT          2,941.2    (1,260.3)     885.6
VERISIGN INC      VRSNEUR EU      2,941.2    (1,260.3)     885.6
VERISIGN INC      VRS GZ          2,941.2    (1,260.3)     885.6
VERISIGN INC      VRSN* MM        2,941.2    (1,260.3)     885.6
VERISIGN INC      VRSNUSD EU      2,941.2    (1,260.3)     885.6
VIEWRAY INC       VRAY US            88.1       (26.6)      27.9
VIEWRAY INC       6L9 GR             88.1       (26.6)      27.9
VIEWRAY INC       VRAYEUR EU         88.1       (26.6)      27.9
VTV THERAPEUTI-A  VTVT US            27.9       (19.6)      (6.6)
W&T OFFSHORE INC  WTI US            907.6      (573.5)      22.4
W&T OFFSHORE INC  UWV GR            907.6      (573.5)      22.4
W&T OFFSHORE INC  WTI1EUR EU        907.6      (573.5)      22.4
WAYFAIR INC- A    W US            1,213.4       (48.3)      77.1
WAYFAIR INC- A    1WF GR          1,213.4       (48.3)      77.1
WAYFAIR INC- A    1WF TH          1,213.4       (48.3)      77.1
WAYFAIR INC- A    WEUR EU         1,213.4       (48.3)      77.1
WAYFAIR INC- A    1WF QT          1,213.4       (48.3)      77.1
WAYFAIR INC- A    WUSD EU         1,213.4       (48.3)      77.1
WEIGHT WATCHERS   WTW US          1,246.0    (1,011.5)    (134.0)
WEIGHT WATCHERS   WW6 GR          1,246.0    (1,011.5)    (134.0)
WEIGHT WATCHERS   WW6 QT          1,246.0    (1,011.5)    (134.0)
WEIGHT WATCHERS   WW6 TH          1,246.0    (1,011.5)    (134.0)
WEIGHT WATCHERS   WTWEUR EU       1,246.0    (1,011.5)    (134.0)
WEIGHT WATCHERS   WW6 GZ          1,246.0    (1,011.5)    (134.0)
WEIGHT WATCHERS   WTWUSD EU       1,246.0    (1,011.5)    (134.0)
WESTERN UNION     WU US           9,231.4      (491.4)  (1,132.3)
WESTERN UNION     W3U GR          9,231.4      (491.4)  (1,132.3)
WESTERN UNION     W3U TH          9,231.4      (491.4)  (1,132.3)
WESTERN UNION     W3U QT          9,231.4      (491.4)  (1,132.3)
WESTERN UNION     WUEUR EU        9,231.4      (491.4)  (1,132.3)
WESTERN UNION     W3U GZ          9,231.4      (491.4)  (1,132.3)
WESTERN UNION     WUUSD EU        9,231.4      (491.4)  (1,132.3)
WESTERN UNION     0LVJ LN         9,231.4      (491.4)  (1,132.3)
WIDEOPENWEST INC  WOW US          2,676.5      (288.3)     (50.7)
WIDEOPENWEST INC  WU5 GR          2,676.5      (288.3)     (50.7)
WIDEOPENWEST INC  WOW1EUR EU      2,676.5      (288.3)     (50.7)
WIDEOPENWEST INC  WU5 QT          2,676.5      (288.3)     (50.7)
WINGSTOP INC      WING US           119.8       (48.3)      (3.0)
WINGSTOP INC      EWG GR            119.8       (48.3)      (3.0)
WINGSTOP INC      WING1EUR EU       119.8       (48.3)      (3.0)
WINMARK CORP      WINA US            48.4       (30.7)      11.9
WINMARK CORP      GBZ GR             48.4       (30.7)      11.9
WORKIVA INC       WK US             157.7       (16.9)     (14.0)
WORKIVA INC       0WKA GR           157.7       (16.9)     (14.0)
WORKIVA INC       WKEUR EU          157.7       (16.9)     (14.0)
YELLOW PAGES LTD  Y CN              529.9      (218.8)      35.1
YELLOW PAGES LTD  YLWDF US          529.9      (218.8)      35.1
YRC WORLDWIDE IN  YRCW US         1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YEL1 GR         1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YEL1 TH         1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YEL1 QT         1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YRCWEUR EU      1,585.5      (353.5)     155.9
YRC WORLDWIDE IN  YRCWUSD EU      1,585.5      (353.5)     155.9
YUM! BRANDS INC   YUM US          5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   TGR GR          5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   TGR TH          5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   TGR QT          5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUMEUR EU       5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUMCHF EU       5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUM SW          5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUMUSD SW       5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   YUMUSD EU       5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   TGR GZ          5,311.0    (6,334.0)     995.0
YUM! BRANDS INC   0QYD LN         5,311.0    (6,334.0)     995.0


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2018.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***