TCR_Public/180313.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 13, 2018, Vol. 22, No. 71

                            Headlines

A'GACI L.L.C.: Committee Hires Emerald as Financial Advisor
A'GACI L.L.C.: Committee Hires Lewis Brisbois as Counsel
ABILITY NETWORK: Fitch Puts 'B' IDR on Positive Watch
ACASTA ENTERPRISES: Provides Update on Ongoing Strategic Review
ALLIED IV LLC: Hires Backenroth Frankel as Counsel

ALLIED IV LLC: Hires Coritsidis & Lambros as Special Counsel
ALPHA NATURAL: Can Junk Agreement with J. Organ, 4th Cir. Rules
AMERICAN STEEL: Seeks Approval to Use Cash Collateral
AMERICAN STEEL: Summit Bank Seeks to Ban Cash Collateral Use
AMERICAN TANK: Selling 2006 Fontaine 53 Foot Drop Deck Trailer

APPLICATION CONSULTANTS: June 21 Chapter 727 Claims Bar Date
APPVION INC: Keybank & Committee Object to DIP Financing Motion
ASCENT RESOURCES: Hires PJT Partners as Investment Banker
ASCENT RESOURCES: Hires Prime Clerk as Administrative Advisors
ASCENT RESOURCES: Hires Sullivan & Cromwell as Counsel

ASCENT RESOURCES: Hires Young Conaway as Co-Counsel
B. VALDEZ CONSTRUCTION: Hires Carl M. Barto as Bankruptcy Counsel
BELLFLOWER FUNDING: Case Summary & 30 Largest Unsecured Creditors
BOBILEFF CORPORATION: Hires Fitzmaurice & Demergian as Counsel
CENVEO INC: Gets Final Order on $290-Mil. DIP Financing Motion

CHINA FISHERY: BANA, Noteholders Oppose Intercompany Claims Deal
CHINA FISHERY: Damanzaiho Vessel Open for Overbids Til Mar. 16
CHRISTOPHER RIDGEWAY: Law Firm Awarded Reduced Compensation
COBALT INT'L: Names Successful Bidders on 5 Assets
COLONIAL PENNIMAN: Deed of Easement Gives Same Rights to Successors

COPSYNC INC: Court OKs Modified Payment Schedule to Kologik
CUMULUS MEDIA: Wants Plan Filing Deadline Moved to July 26
CYN RESTAURANTS: May Continue Using Cash Collateral Until April 6
CYPRESS-LAGUNA: Allowed to Expend Cash Collateral Until April 11
DANA INC: Merger With GKN Unit No Impact on Moody's Ba3 CFR

DELOS MEGACORE: Case Summary & 4 Unsecured Creditors
DIAMOND CONTRACT: Hires Boyle & Valenti as Bankruptcy Counsel
EOC GROUP: Moody's Assigns B2 Corporate Family Rating
FALLBROOK TECHNOLOGIES: U.S. Trustee Unable to Appoint Committee
FARRIN ENTERZARI-ULLAH: Dist. Ct. Upholds Dismissal of Ch. 7 Case

FOCUS FINANCIAL: S&P Affirms 'B+' ICR, Outlook Stable
FOCUS LEARNING: Trinity Basin Buying Dallas Land for $6.4 Million
G.A.F. SEELIG: Hires MYC & Associates as Auctioneer
GAINESVILLE HOSPITAL: Medtronic, 2 Others Step Down from Committee
GOLD COAST FREIGHTWAYS: June 16 Chapter 727 Claims Bar Date Set

GROUP MIDLAND: Bank Wins Summary Judgment vs. C. Hira
HARDES PARTNERSHIP: U.S. Trustee Unable to Appoint Committee
HOAG URGENT: Court Denies Continued Cash Collateral Use
HORNBLOWER HOLDCO: S&P Assigns 'B' CCR, Outlook Stable
HORNBLOWER SUB: Moody's Assigns B2 Corporate Family Rating

HOUSTON REGIONAL: Comcast Wins Bid for Partial Summary Judgment
HUBBARD RADIO: Moody's Rates Proposed $302MM Term Loans B1
ICPW LIQUIDATION: Hires Skadden Arps as Special Counsel
IHEARTCOMMUNICATIONS INC: Fitch Lowers Long-Term IDR to RD
IHEARTMEDIA INC: Talks with Lenders & Bondholders Continue

IO AT TECH: Sets Procedures for Austin Property
IRIDIUM COMMUNICATIONS: Moody's Assigns B2 Corporate Family Rating
IRIDIUM COMMUNICATIONS: S&P Assigns 'B-' Corporate Credit Rating
ITM ENTERPRISES: Hires Eric A. Liepins as Counsel
JAMES WATKINS: CNH Suit vs PPI, CNBT Remanded to State Court

JASON MAZZEI: Nguyen Buying Wilkes-Barre Property for $16.5K
JC PENNEY: Fitch Rates New $400MM Secured Notes Due 2025 'BB-'
JEJP LLC: MNA Buying Industrial Equipment for $3 Million
JET MIDWEST: Seeks Interim Access to Cash Collateral
JETT RACING: Hires Enrique M. Solis as Bookkeeper

KATY INDUSTRIES: Court Enters Interim Approval of Plan Disclosures
LAKESHORE FARMS: Hires Evans & Mullinix as Counsel
LAWRENCE BARREGO: Pesce Buying West Harrison Property for $950K
LAWRENCE D. FROMELIUS: Galena Road Buying Lacon Property for $150K
LEVERETTE TILE: Cabinet Depot Buying All Assets for $370K

MACOM TECHNOLOGY: S&P Lowers CCR to 'B' on Operating Weakness
MANITOWOC COMPANY: Moody's Hikes CFR to B3; Outlook Stable
MCDERMOTT INT'L: S&P Rates $2.15BB Term Loan Due 2025 'BB-'
MCDERMOTT TECHNOLOGY: Moody's Assigns Ba3 CFR; Outlook Stable
MCHYL ENTERPRISES: Seeks Authority to Use Cash Collateral

MEI DEVELOPMENT: June 21 Chapter 727 Claims Bar Date Set
MIAMI INTERNATIONAL: Case Summary & 20 Largest Unsecured Creditors
MICHAEL KALFUS: Corteses Buying Boonton Property for $849K
MICHAEL LEVITZ: Proposes Sale of Seattle Vacant Parcel for $600K
MILDRED DELI: Bankr. Court Allows FLSA Litigation to Proceed

MOBILE DIAGNOSTIC: May 19 Chapter 727 Claims Bar Date Set
NEXT LISTING: Given Until Aug. 1 to File Plan of Reorganization
OREXIGEN THERAPEUTICS: Case Summary & 30 Top Unsecured Creditors
OREXIGEN THERAPEUTICS: Intends May Bankruptcy Auction for Assets
PANTAGIS DINER: Hires Tomas Espinosa as Attorney

PATTINIS LLC: Hires Owen & Dunivan as Special Counsel
PC USA RE: Hires Development Specialists as Financial Advisor
PETE GOULD: U.S. Trustee Unable to Appoint Committee
PHASERX INC: Seeks Bankruptcy Case Dismissal
POST EAST: Allowed to Use Cash Collateral for March 2018 Expenses

PREMIER DIAGNOSTIC: Chapter 727 Claims Bar Date Set for May 19
PRINCETON ALTERNATIVE: Voluntary Chapter 11 Case Summary
PROTEA BIOSCIENCES: Seeks 90-Day Exclusive Periods Extension
PUERTO RICO: Court Approves Grievance Resolution Protocol
QUEST RARE: To Present Motion to Homolgate Proposal Under BIA

REMINGTON OUTDOOR: Lenders Move Ch.11 Filing Deadline to March 18
ROCCO IANNACCHINO: Court Withdraws Reference of Claims vs. A. Vigna
RUSSEL METALS: Moody's Hikes CFR to Ba2; Outlook Stable
RUSSEL METALS: S&P Rates New C$125MM Senior Unsecured Notes 'BB+'
S&K MACHINEWORKS: Seeks 60-Day Access to Cash Collateral

SAMBILL LLC: Hires Willis & Wilkins as Counsel
SHREE SWAMINARAYAN: Committee Hires Fox Rothschild as Attorney
SOUTH COAST: Selling 314 LyondellBasell Shares for Market Value
SOUTHSIDE CHURCH: U.S. Trustee Unable to Appoint Committee
SPRINGLEAF FINANCE: Moody's Rates New $1.25BB Sr. Unsec. Notes B2

SS&C TECHNOLOGIES: S&P Assigns 'BB' Rating on Term Loan B-3 & B-4
STAG INDUSTRIAL: Fitch Affirms BB+ Preferred Stock Rating
STOP ALARMS: Trustee Selling/Abandoning Personal Property
STYLES FOR LESS: Hires Hilco IP as IP Consultant
TRINQUILITY CORP: Hires Hatillo Law as Counsel

UNITED CHARTER: Hires Mok Accountancy as Accountant
UNIVERSAL LAND: March 28 Auction Includes Additional Real Property
W. W. CONSTRUCTION: Granite Buying 2005 Trailking Trailer for $19K
WALKING CO: Gets Interim Order to Access $57.3M Bankr. Financing
WARREN C. HAVENS: Court Junks Bid to Conduct Limited Discovery

WESTMORELAND COAL: S&P Cuts ICR to 'CCC-', On CreditWatch Negative
WHEELCHAIR SALES: Wants to Use Cash Collateral Through April 2018
WILLIAM D. ABRAHAM: Appeal in Tex. App. Docket Abated Due to Ch. 11
WRIGHTWOOD GUEST: District Court Affirms Surcharge Order
YORAVI INVESTMENT: Hires Enrique Peral Soler as Special Counsel

ZOHAR FUNDS: To Monetize Assets to Pay All Claims in Full
ZOHAR III: Voluntary Chapter 11 Case Summary
[*] Aaron Hammer Joins Horwood Marcus as Bankruptcy Practice Chair
[*] Brian Bacal Joins Canaccord's Canadian Restructuring Team
[*] George Davis Joins Latham & Watkins' Restructuring Practice

[^] Large Companies with Insolvent Balance Sheet

                            *********

A'GACI L.L.C.: Committee Hires Emerald as Financial Advisor
-----------------------------------------------------------
The Official Committee of Unsecured Creditors of A'GACI, L.L.C.,
seeks authorization from the U.S. Bankruptcy Court for the Western
District of Texas to retain Emerald Capital Advisors, as financial
advisor to the Committee.

The Committee requires Emerald to:

   a) review and analyze the Debtor's operations, financial
      condition, business plan, strategy, and operating
      forecasts;

   b) assist the Committee in evaluating any proposed debtor-in-
      possession financing;

   c) assist in the determination of an appropriate capital
      structure for the Debtor;

   d) advise the Committee as it assesses the Debtor's executory
      contracts including assume versus reject considerations;

   e) assist and advise the Committee in connection with its
      identification, development, and implementation of
      strategies related to the potential recoveries for the
      unsecured creditors as it relates to the Debtor's Chapter
      11 plan;

   f) assist the Committee in understanding the business and
      financial impact of various restructuring alternatives of
      the Debtor;

   g) assist the Committee in its analysis of the Debtor's
      financial restructuring process, including its review of
      the Debtor's development of plans of reorganization and
      related disclosure statements;

   h) assist the Committee in evaluating, structuring and
      negotiating the terms and conditions of any proposed
      transaction, including the value of the securities, if any,
      that may be issued to thereunder;

   i) assist in the evaluation of the asset sale process,
      including the identification of potential buyers;

   j) assist in evaluating the terms, conditions, and impact of
      any proposed asset sale transactions;

   k) assist the Committee in evaluating any proposed merger,
      divestiture, joint-venture, or investment transaction;

   l) assist the Committee to value the consideration offered by
      the Debtor to unsecured creditors in connection with the
      sale of the Debtor's assets or a restructuring;

   m) provide testimony, as necessary, in any proceeding before
      the Bankruptcy Court; and

   n) provide the Committee with other appropriate general
      restructuring advice.

Emerald will be paid at these hourly rates:

     Managing Partners               $550-$600
     Managing Directors              $500
     Vice Presidents                 $400-$450
     Associates                      $300-$350
     Analysts                        $200-$250

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

John P. Madden, senior managing partner of Emerald Capital
Advisors, 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 Debtor; (b) has not been, within two years before the date
of the filing of the Debtor's chapter 11 petition, directors,
officers or employees of the Debtor; 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 Debtor, or for any other reason.

Emerald can be reached at:

     John P. Madden
     EMERALD CAPITAL ADVISORS
     70 East 55th Street, 17th Floor
     New York, NY 10022
     Tel: (212) 201-1904
     Fax: (212) 731-0307

              About A'GACI L.L.C.

Founded in San Antonio, Texas, A'GACI, L.L.C. --
http://www.agacistore.com/-- is a fast-fashion retailer of women's
apparel and accessories. A'GACI attracts young, fashion-driven
consumers through its value-pricing and frequent introductions of
new and trendy merchandise. It operates specialty apparel and
footwear stores under the A'GACI banner as well as a
direct-to-consumer business comprised of its e-commerce Web site
http://www.agacistore.com/Stores feature an assortment of tops,
dresses, bottoms, jewelry, and accessories sold primarily under the
Company's exclusive A'GACI label. In addition, the Company sells
shoes under its sister brand labels of O'Shoes and Boutique Five.

A'GACI, L.L.C., filed a Chapter 11 petition (Bankr. W.D. Tex. Case
No. 18-50049) on Jan. 9, 2018. In the petition signed by
manager/CMO David Won, the Debtor disclosed $82 million in total
assets and $62 million in total liabilities as of Nov. 25, 2017.

The case is assigned to Judge Ronald B. King.

Haynes and Boone, LLP, serves as the Debtor's bankruptcy counsel;
Berkeley Research Group is the financial advisor; and SSG Advisors,
LLC, is the investment banker.  Kurtzman Carson Consultants LLC,is
the claims, noticing & balloting agent.

In its schedules, A'Gaci listed total assets of $37.3 million,
including $16.3 million in inventory and about $8.9 million in
cash, and about $54.7 million in total liabilities.

On January 25, 2018, the Office of U.S. Trustee appointed the
Official Committee of Unsecured Creditors of A'GACI, L.L.C. The
Committee hires Lewis Brisbois Bisgaard & Smith, LLP, as counsel;
Emerald Capital Advisors, as financial advisor.



A'GACI L.L.C.: Committee Hires Lewis Brisbois as Counsel
--------------------------------------------------------
The Official Committee of Unsecured Creditors of A'GACI, L.L.C.,
seeks authorization from the U.S. Bankruptcy Court for the Western
District of Texas to retain Lewis Brisbois Bisgaard & Smith, LLP,
as bankruptcy counsel to the Committee.

The Committee requires Lewis Brisbois to:

   a. advise the Committee concerning its rights, powers, and
      responsibilities under the Bankruptcy Code;

   b. provide aid and assistance in dealing with the Debtor in
      the administration of this case, including, without
      limitation, advice in communicating with the Committee's
      constituents regarding significant matters in the case;

   c. assist and advise the Committee in any proposed sale of the
      Debtor's assets;

   d. provide representation in all negotiations and proceedings
      involving the Debtor, creditors, and other parties in
      interest in matters relating to, inter alia, the
      administration of the estate, terms of the Debtor's Chapter
      11 plan of reorganization or liquidation, confirmation of
      the Chapter 11 plan, and all other legal aspects of the
      Debtor's Chapter 11 case;

   e. assist the Committee's investigation of the acts, conduct,
      assets, liabilities and financial condition of the Debtor
      and of the operation of the Debtor's business and any other
      matters relevant to the case;

   f. assist the Committee in requesting the appointment of a
      trustee or examiner, or conversion or dismissal of the
      Chapter 11 case, should such actions be necessary;

   g. represent the Committee in all hearings and other
      proceedings;

   h. review and analyze all applications, orders, financial
      statements, and schedules of the Debtor and advise the
      Committee accordingly;

   i. assist the Committee in the preparation of agreements,
      motions, applications, responses, orders, complaints, and
      any other pleadings necessary to further the Committee's
      interests and objectives; and

   j. perform such other legal services as the Committee may
      require under the circumstances of this case to advance the
      Committee's interests in accordance with the powers and
      duties established by the Bankruptcy Code.

Lewis Brisbois will be paid at these hourly rates:

     Attorneys                      $350-$550
     Paraprofessionals              $150

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

Richard S. Lauter, partner of Lewis Brisbois Bisgaard & Smith, LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and (a)
is not creditors, equity security holders or insiders of the
Debtor; (b) has not been, within two years before the date of the
filing of the Debtor's chapter 11 petition, directors, officers or
employees of the Debtor; 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
Debtor, or for any other reason.

Lewis Brisbois can be reached at:

     Richard S. Lauter, Esq.
     633 West 5 th Street, Suite 4000
     Los Angeles, CA 90071
     Tel: 213-680-5064
     Fax: 213-250-7900
     E-mail: ichard.lauter@lewisbrisbois.com

              About A'GACI L.L.C.

Founded in San Antonio, Texas, A'GACI, L.L.C. --
http://www.agacistore.com/-- is a fast-fashion retailer of women's
apparel and accessories. A'GACI attracts young, fashion-driven
consumers through its value-pricing and frequent introductions of
new and trendy merchandise. It operates specialty apparel and
footwear stores under the A'GACI banner as well as a
direct-to-consumer business comprised of its e-commerce Web site
http://www.agacistore.com/Stores feature an assortment of tops,
dresses, bottoms, jewelry, and accessories sold primarily under the
Company's exclusive A'GACI label. In addition, the Company sells
shoes under its sister brand labels of O'Shoes and Boutique Five.

A'GACI, L.L.C., filed a Chapter 11 petition (Bankr. W.D. Tex. Case
No. 18-50049) on Jan. 9, 2018. In the petition signed by
manager/CMO David Won, the Debtor disclosed $82 million in total
assets and $62 million in total liabilities as of Nov. 25, 2017.

The case is assigned to Judge Ronald B. King.

Haynes and Boone, LLP, serves as the Debtor's bankruptcy counsel;
Berkeley Research Group is the financial advisor; and SSG Advisors,
LLC, is the investment banker.  Kurtzman Carson Consultants LLC,is
the claims, noticing & balloting agent.

In its schedules, A'Gaci listed total assets of $37.3 million,
including $16.3 million in inventory and about $8.9 million in
cash, and about $54.7 million in total liabilities.

On January 25, 2018, the Office of U.S. Trustee appointed the
Official Committee of Unsecured Creditors of A'GACI, L.L.C. The
Committee hires Lewis Brisbois Bisgaard & Smith, LLP, as counsel;
Emerald Capital Advisors, as financial advisor.


ABILITY NETWORK: Fitch Puts 'B' IDR on Positive Watch
-----------------------------------------------------
Fitch Ratings has placed ABILITY Network Inc.'s (ABILITY) ratings
on Positive Watch. The rating action follows ABILITY's announcement
that it has reached a definitive agreement to be acquired by
Inovalon Holdings, Inc. in a cash and stock transaction valued at
$1.2 billion. The transaction is anticipated to close as early as
April 2018. The ratings apply to $525 million of outstanding debt
and a $20 million revolving credit facility (RCF), with
issue-specific ratings noted below.

KEY RATING DRIVERS

Transaction Lowers Debt Leverage: As a result of Inovalon's lower
pre-transaction total debt/EBITDA after distributions (2.3x as of
LTM Dec. 31, 2017), the combination with ABILITY-- including the
debt financing -- results in Fitch-calculated pro forma leverage of
approximately 5.2x as of Dec. 31, 2017 versus ABILITY's pro forma
leverage of approximately 8x following a Dec. 2017 recapitalization
and dividend to shareholders. Inovalon management has indicated
that debt repayment will be the primary use of FCF after the
transaction closes, with management targeting net leverage of less
than 3.0x in 2020.

Inovalon plans on financing the transaction with cash and
investments on its balance sheet along with a new $980 million term
loan B at LIBOR+250bps based on the term sheet filed. The proceeds
will be used to repay ABILITY's debt consisting of a $375 million
first lien term loan and a $150 million second lien term loan as
well as refinance Inovalon's existing $236.3 million term loan
(balance as of Dec. 31, 2017). The transaction is expected to close
in April 2018. The deal would create a vertically integrated
cloud-based healthcare platform with the potential to connect
payors, providers, pharmaceutical companies, and medical device
companies with relevant medical data, analytics and insights that
assist with the transition to value-based care.

Combination Has Mixed Business Implications: The combined company
would be approximately 4x the size in revenues of standalone
ABILITY and diversify ABILITY's end markets beyond healthcare
providers (91% of ABILITY's 2017 revenues) to include health
insurers (54% pro forma) and pharmaceutical companies (11% pro
forma), reducing provider exposure to 34% on a pro forma basis.
However, the combination will also result in a lower recurring
revenue base percentage (74% vs. 99% at legacy ABILITY) as Inovalon
continues to work on switching to a subscription based sales model,
and increased concentration amongst the largest customers (pro
forma top-10 client revenue 41% of total 2017 revenue vs. legacy
ABILITY 5% of 2017 revenue). In addition, pro forma EBITDA margins
are expected to be lower as ABILITY's high 40% to low 50% margins
as calculated by Fitch are offset by Inovalon's mid 20% EBITDA
margins.

Durable Revenue Stream/Niche Segment: ABILITY is a provider of
cloud-based software for healthcare providers, with a product suite
focused on workflow solutions. The majority of revenues are derived
from subscription based software sales, which provides good
visibility into the future revenue stream. Fitch believes the
stickiness of ABILITY's revenues is supported by a lack of customer
concentration and a high historical retention rate. While Fitch
does not believe switching costs for healthcare IT customers are
particularly high, ABILITY's value proposition related to the
company's network service vendor relationships with Medicare
Administrative Contractors (MACs) should support customer
retention.

High EBITDA Margins: ABILITY generates high operating EBITDA
margins that are better than healthcare IT segment peers, and also
demonstrates good FCF conversion. High margins are due to some
favorable attributes of the business model, including relatively
low R&D intensity and a low-cost go-to-market approach that
involves a web-based sales and product implementation strategy.
Fitch believes these advantages are sustainable. R&D spend should
be relatively predictable and consistent, since ABILITY's product
suite is well developed and comprehensive with offerings dedicated
to each of the end markets the company targets. Pro forma margins
of the combined business will be lower than standalone ABILITY.

Good Customer Value Proposition: The low price point of ABILITY's
products should provide opportunities to expand and support the 2%
organic pricing growth assumption in Fitch's ratings case forecast
for the issuer. The company's healthcare provider customers are
facing headwinds to volumes and profitability due to a combination
of factors that are encouraging patients and payors to seek care in
lower-cost settings, particularly in the acute and post-acute
segments. Fitch believes that the low-cost nature of ABILITY's
products makes them less susceptible to cost cutting and
containment initiatives by healthcare providers, but industry
headwinds could influence growth of new customers.

DERIVATION SUMMARY

ABILITY Network's 'B' IDR reflects the company's favorable
operating profile in comparison to healthcare IT segment peers,
including Cerner Corp., AthenaHealth Inc., Allscripts Healthcare
Solutions, Medassets Inc., Omnicell Inc., Quality Systems Inc.,
Computer Programs & Systems, Epocrates LLC and Healthstream Inc.
(none of these companies are currently rated by Fitch). ABILITY has
higher margins than this group because of a low-cost go-to-market
strategy and lower intensity of R&D expenditures. The 'B' IDR also
reflects ABILITY's weaker financial profile relative to this peer
group, with a highly leveraged balance sheet pro forma for the
leveraged recapitalization.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Its Rating Case for Standalone
ABILITY Include:
-- Mid- to high-single-digit annual revenue growth, with about 1%

    contributed by acquisitions and the rest driven by contracted
    revenue growth;
-- Contracted revenue growth assumption based on 2.0% to 2.5%
    growth in pricing, 92% retention of existing contracts and
    high-single-digit growth in new contracts and existing
    contract upsells;
-- Operating EBITDA margins sustain around 46%;
-- Capital intensity steady at 5.5%;
-- No additional dividend payments and FCF margins sustain above

    10%;
-- FCF split between small, tuck-in type M&A and term loan
    repayments (including 1% required amortization of first-lien
    term loan);
-- Leverage (total debt/EBITDA) of 8x pro forma for the leveraged

    recapitalization, declining to 6.6x by the end of 2020.

RATING SENSITIVITIES

Fitch expects to publish updated rating sensitivities around the
time of the close of the acquisition. ABILITY could be affirmed and
removed from Rating Watch if the acquisition fails to materialize.

Below are Fitch's rating sensitives for standalone ABILITY:

Developments That May, Individually or Collectively, Lead to
Positive Rating Action
-- An expectation for leverage (total debt/EBITDA) sustained at
    or below 5x;
-- An expectation for operating EBITDA margin sustained above 50%

    and FCF margin sustained above 15%;
-- Fitch does not envision positive momentum at this time, as
    achieving leverage of 5x by the end of 2020 would require
    double-digit growth in revenues through the forecast period
    and a significant amount of FCF applied to debt repayment.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action
-- An expectation of flat EBITDA through the forecast period;
-- An expectation for operating EBITDA margins of around 40% and
    FCF margin approaching breakeven in 2020;
-- An expectation for leverage (total debt/EBITDA) sustained at
    or above 8x.

LIQUIDITY

Decent Liquidity Despite High Leverage: Fitch forecasts
EBITDA/interest paid of about 1.8x for standalone ABILITY through
the forecasted period, adequate relative to the 'B' rating. As part
of a leveraged recapitalization transaction in late 2017, ABILITY
extended the term loan maturities to 2024 - 2025. Annual
amortization is limited to 1% of the first-lien term loan principal
amount, which can be funded with FCF generation in the ratings
case. ABILITY's liquidity position is further supported by a decent
balance of unrestricted cash after the recapitalization and the
expectation for continued positive FCF.

FULL LIST OF RATING ACTIONS

Fitch has placed the follow ratings on Positive Watch:

ABILITY Network Inc.
-- Long-Term Issuer Default Rating 'B';
-- Senior first-lien secured revolver 'BB'/'RR1';
-- Senior first-lien secured term loan at 'BB'/'RR1';
-- Senior second-lien term loan at 'CCC+'/'RR6'.

Recovery Assumptions for Standalone ABILITY

The 'BB'/'RR1' rating for ABILITY's $20 million revolver and $375
million first-lien term loan reflect recovery of 94% of the
outstanding principal amount in a hypothetical bankruptcy scenario;
the 'CCC+'/'RR6' rating on the $150 million second-lien term loan
reflects recovery of 2%. The claims waterfall assumes:
-- Full draw of the $20 million revolver available balance;
-- 10% deduction from enterprise value (EV) for administrative
    claims;
-- 1% concession payment made by the first-lien lenders for the
    benefit of the second lien lenders.
-- Fitch estimates an EV on a going-concern basis of $374 million

    for ABILITY after deduction of administrative claims. The EV
    assumption is based on post-reorganization EBITDA of $59
    million and a 7x recovery EBITDA multiple.

The post-reorganization EBITDA estimate is 10% lower than Fitch's
2017 EBITDA forecast of $66 million. This assumes that
deterioration in cash flow precipitated by underinvestment in the
business is ameliorated post-reorganization by corrective actions
taken to restore competitiveness of the company's software product
offerings.

In its 13th edition "Bankruptcy Enterprise Values and Creditor
Recoveries" case study, Fitch notes seven past reorganizations in
the technology sector where the median recovery multiple was 4.9x.
Of these companies, only two were in the software subsector: Allen
Systems Group, Inc. and Aspect Software Parent, Inc., which
realized recovery multiples of 8.4x and 5.5x, respectively. Fitch
believes the Allen Systems Group, Inc. reorganization is highly
supportive of the 7.0x multiple assumed for ABILITY given similar
product profiles, as both are providers of specialty software to a
niche client base where market shares are defendable.

Current public company trading multiples (average of 18.1x for a
group of public healthcare IT peers) and historical transaction
multiples (19.0x median for software companies acquired since 2006)
also inform the 7.0x estimate; Fitch believes ABILITY would receive
a lower recovery multiple than these reference points given an
assumption that stressed operations lead to the recovery scenario.


ACASTA ENTERPRISES: Provides Update on Ongoing Strategic Review
---------------------------------------------------------------
Acasta Enterprises Inc. (TSX: AEF) on March 8, 2018, provided an
update on the proposed sale (the "Proposed Transaction") of its
Stellwagen business unit ("Stellwagen") to Martello Finance Company
Limited ("Martello") and the strategic review being overseen by a
special committee of independent directors (the "Special
Committee").

"On February 6, 2018, we announced a transaction to sell Stellwagen
back to Doug Brennan and various other shareholders.  We have
launched a comprehensive restructuring plan that is crucial to
preserving the long-term value of our consumer products businesses.
Given the Company's financial position and aggregate indebtedness,
we believe this is the most prudent course of action.  We remain
focused on completing this transaction and in doing so achieving a
significant improvement to the Company's financial position,"
commented Geoff Beattie, Chairman of Acasta. "We are taking
immediate and decisive actions to reduce our cost structure and our
indebtedness.  We will execute this plan in a timely and prudent
manner and remain focused on meeting our financial commitments,
which will allow us to re-assess our strategic alternatives."

Status of Negotiations with Martello

Acasta and Martello are engaged in ongoing negotiations on a
definitive agreement with respect to the Proposed Transaction.  The
parties are making progress and expect to be in a position to enter
into a definitive agreement by March 21, 2018.  The Proposed
Transaction contemplates the sale of Stellwagen to an affiliate of
Martello (the "Purchaser"), the previous owner of Stellwagen, in
exchange for:

   -- the cancellation of 26 million class B shares in the capital
of Acasta ("Class B Shares") beneficially owned by Martello and
other Acasta shareholders that are shareholders of the Purchaser,
representing approximately 27% of the issued and outstanding Class
B Shares;

   -- the payment to Acasta of U.S.$35 million in cash;

   -- downside protection of up to U.S.$5 million if the proceeds
realized from the monetization of Acasta's profit participating
notes ("PPNs") of Stelloan Investment Company I DAC, which have a
book value of U.S.$47.5 million, are at specified levels below a
certain threshold; and

   -- termination of the earn-out from Acasta's acquisition of
Stellwagen in January 2017.

Extension Agreement with Lenders

In light of the progress being made in the negotiations, Acasta has
entered into a second extension agreement (the "Second Extension
Agreement") with the lenders (the "Lenders") under its U.S.$150
million credit facility (the "Credit Facility") to extend the
deadline for payment of U.S.$25 million that would have otherwise
been due on March 8, 2018 (the "Principal Payment").  Under the
terms of the Second Extension Agreement, the Lenders and Acasta
have agreed, among other things, to further extend the deadline for
the Principal Payment to March 21, 2018.  The Second Extension
Agreement also provides that if Acasta has received the prior
written consent of the Lenders to enter into a Proposed Transaction
and has subsequently entered into a definitive agreement with
respect to the Proposed Transaction on or before March 21, 2018,
but the Proposed Transaction has not closed by March 21, 2018, the
deadline for the Principal Payment will automatically be extended
further to March 31, 2018.

Strategic Review and Board and Management Changes

The Special Committee is considering a number of alternatives in
addition to the Proposed Transaction to maximize shareholder value
and pay down debt.  Acasta currently has approximately U.S.$183.5
million aggregate principal amount of bank indebtedness
outstanding, excluding the indebtedness pursuant to the MS Credit
Agreement (as defined below) and other indebtedness relating to
Stellwagen's aircraft.  Acasta's bank indebtedness consists of
approximately U.S.$115 million outstanding under the Credit
Facility and approximately U.S.$68 million aggregate principal
amount of indebtedness under a credit facility with TD Canada Trust
and Canadian Imperial Bank of Commerce to which Apollo Health and
Beauty Care Partnership and Apollo Laboratories Inc. (collectively,
"Apollo") and JemPak Corporation ("JemPak") are parties.  All of
the available proceeds from the Proposed Transaction and the sale
of the PPNs will be used to reduce amounts outstanding under the
Credit Facility.

To generate additional proceeds to facilitate further repayment of
the debt outstanding under the Credit Facility, Acasta has engaged
a leading international investment bank to help monetize the PPNs.
The Special Committee is also in the process of completing a review
of the consumer products group ("CPG") platform and evaluating the
potential sale of a portion of the CPG assets, and has hired a
leading Canadian investment bank to assist with this review.

The Special Committee is also focused on restructuring Acasta's
corporate overhead with a view to reducing Acasta's corporate cost
structure.  This review will be undertaken in the context of the
decision by the Special Committee to pursue managed strategic
change and focus on its consumer products platform and options for
value creation in this sector, for which a private equity strategy
is no longer relevant.  In connection with this change in approach,
there will be organizational changes to more appropriately support
Acasta's redirected focus.  Recognizing that his professional
experience is not in the consumer products sector, Dr. Anthony R.
Melman has stepped down as Chief Executive Officer and as a
director of Acasta, effective March 8, 2018.  
Ian Kidson, the Chief Financial Officer, will serve as interim
Chief Executive Officer.

Exemptive Relief Application

Martello owns 21,280,160 of the outstanding Class B Shares,
representing an approximate 22.4% ownership interest (calculated on
a non-diluted basis).  All of the share capital of Martello is held
in trust for Douglas Brennan, who is the Chief Executive Officer of
Stellwagen.

In addition, Alon Ossip and Martin Goldfarb, the co-Chief Executive
Officers of JemPak, a wholly-owned subsidiary of Acasta, and
Belinda Stronach, a founder of Acasta, are part of the purchasing
group (the "Purchasing Group") and will be investing in the
Purchaser, including by tendering some of their Class B Shares to
Acasta as partial consideration pursuant to the Proposed
Transaction.  Accordingly, the Proposed Transaction is a "related
party transaction" under Multilateral Instrument 61-101 –
Protection of Minority Security Holders in Special Transactions
("MI 61-101").  In addition, since the Proposed Transaction will
involve the acquisition by Acasta of 26 million Class B Shares held
by the Purchasing Group, it is also an "issuer bid" under National
Instrument 62-104 – Take-Over Bids and Issuer Bids ("NI
62-104").

The Proposed Transaction would ordinarily be subject to valuation
and minority approval requirements under MI 61-101 because the fair
market value of the subject matter of and the fair market value of
the consideration for the Proposed Transaction, insofar as it
involves "interested parties" (as defined in MI 61-101), exceeds
25% of Acasta's market capitalization.  Acasta will be relying on
the "financial hardship" exemption from both the valuation and
minority approval requirements of MI 61-101, for the reasons set
out in more detail below.

Acasta has also applied to the Ontario Securities Commission (the
"OSC") for relief from the issuer bid requirements under NI 62-104
and MI 61-101.  In the exemptive relief application, Acasta has
proposed that the relief be conditioned upon Acasta having received
executed written consents from Acasta shareholders representing a
majority of holders of Class B Shares (a) who are fully informed in
respect of the Proposed Transaction, and (b) none of whom are
interested parties or their related parties or joint actors (such
shareholders, the "Disinterested Shareholders").  Acasta expects
that it will be able to obtain these consents.  Acasta has also
proposed that the relief be conditioned upon the receipt by the
Special Committee of an opinion from Blair Franklin Capital
Partners Inc. ("Blair Franklin") that the consideration to be
received by Acasta in connection with the Proposed Transaction is
fair, from a financial point of view to Acasta.  Furthermore,
Acasta has also agreed, as part of its application, that it will
not close the Proposed Transaction until at least 7 calendar days
from the granting of the exemptive relief.  There can be no
assurances as to whether such exemptive relief will be granted, and
the exemptive relief, if granted, may impose additional
restrictions, conditions and/or obligations.

Acasta understands that the OSC will communicate its decision as to
whether to issue the exemptive relief on or about March 14, 2018.
If a definitive agreement in respect of the Proposed Transaction is
executed and the relief is obtained, Acasta expects to be able to
complete the Proposed Transaction approximately one week following
the granting of the relief.

Alleviation of Financial Hardship

As noted above, the Special Committee intends to rely on the
financial hardship exemption to the valuation and minority approval
requirements under MI 61-101.  In order to rely on this exemption,
MI 61-101 requires that certain detailed disclosure be provided
about the factors and events that led to the financial hardship and
how the Proposed Transaction will alleviate it.  This disclosure is
set out below.

The Special Committee has unanimously determined in good faith that
(a) Acasta is currently in serious financial difficulty, as absent
the closing of the Proposed Transaction, Acasta would be unable to
make the Principal Payment at the required time, and (b) the
Proposed Transaction is designed to, and will improve Acasta's
financial position, as all available cash proceeds to be obtained
on closing will be used to make the Principal Payment and will
improve Acasta's debt to EBITDA ratio, which is estimated to be
5.15 as at December 31, 2017.  Provided that (i) an acceptable
definitive agreement for the Proposed Transaction can be negotiated
with Martello; (ii) the required prior written consents of the
Lenders are obtained by Acasta with respect to the Proposed
Transaction; (iii) a majority of Disinterested Shareholders sign
written consents in support of the Proposed Transaction; and (iv)
Blair Franklin delivers an opinion that the consideration to be
received by Acasta in connection with the Proposed Transaction is
fair, from a financial point of view, to Acasta, the Special
Committee is prepared to unanimously approve the Proposed
Transaction and conclude that the terms of the Proposed Transaction
are reasonable in the circumstances.

In December 2017, Acasta announced that Stellwagen entered into a
revolving credit and security agreement with Morgan Stanley Asset
Funding Inc. (the "MS Credit Agreement").  The intended use of
proceeds of the MS Credit Agreement required consent of a majority
of the Lenders.  Accordingly, Acasta reached out to its majority
lender (the "Majority Lender") to negotiate the terms under which
the Majority Lender would provide consent.

During the course of discussions with the Majority Lender on the
terms of the consent, Acasta's expectations for the 2018 results of
operations of its businesses declined.  In addition, management of
Stellwagen communicated that it was going to require additional
working capital liquidity support during the first quarter of 2018.
In early January 2018, management alerted the board of directors
of Acasta (the "Board") that, based on projected performance,
Acasta was at risk of failing to comply with its covenants under
the Credit Facility as of March 31, 2018. Specifically, Acasta was
at risk of breaching a covenant under the Credit Facility that
required Acasta to maintain a debt to EBITDA multiple of under
5.25.

While the discussions were ongoing with the Majority Lender, Acasta
was simultaneously in discussions with Martello and Almada Inc.
("Almada"), a company controlled by Alon Ossip and Martin Goldfarb,
in respect of a potential aircraft operating lease fund. Among
other things, it was expected that his fund would generate fee
revenue for Stellwagen and provide funding for its developing fund
business.  However, Acasta, Martello and Almada were unable to
reach agreement on acceptable business terms for the fund. Shortly
afterwards, on January 19, 2018, Martello sent a letter to the
Board demanding changes to the Board.  Martello also issued a press
release and filed an updated early warning report on January 22,
2018 noting that it had delivered this letter.

Acasta continued to negotiate with the Majority Lender during
January.  Geoff Beattie, the Chairman of Acasta and the Chair of
the Special Committee led the negotiations with the Majority
Lender.  In response to the ongoing deterioration of Acasta's
business, projections that showed that Acasta's expected 2018
financial performance was going to be weaker than expected and
Martello's delivery of the letter to the Board, the Majority Lender
required more stringent terms than Acasta originally contemplated
in order to provide its consent.  In particular, the Majority
Lender demanded an immediate U.S.$5 million repayment of debt plus
the Principal Payment by
March 1, 2018.

Acasta and the Majority Lender agreed that the Majority Lender
would provide its consent in exchange for an immediate paydown of
U.S.$5 million of principal plus the Principal Repayment by March
1, 2018 pursuant to an amending agreement executed by Acasta and
the Lenders (as amended, the "Amending Agreement").  In order to
fund the Principal Payment, Acasta entered into the Term Sheet on
February 6, 2018 and the Amending Agreement and the Term Sheet were
publicly disclosed.

Management and the Special Committee considered various
alternatives to the sale of Stellwagen, but in each case were
constrained by the immediate need to make the Principal Payment.
Specifically, management and the Special Committee considered the
sale of other assets in order to raise funds to pay the obligations
under the Credit Facility and improve Acasta's financial situation.
Management and the Special Committee concluded that such sales
were either impracticable or would require more time to complete
than was available to Acasta in the circumstances.  Management and
the Special Committee also considered the potential for an equity
or rights offering, but received advice that this was not
feasible.

The Proposed Transaction is, in the judgment of management and the
Special Committee, the only transaction available to Acasta that is
reasonably capable of generating sufficient proceeds to make the
Principal Payment within the timeframe required under the Second
Extension Agreement.  Absent the Proposed Transaction, Acasta will
default under the Credit Facility by failing to make the Principal
Payment as required under the Second Extension Agreement and would
also potentially breach its debt to EBITDA covenant of 5.25 under
the Credit Facility during 2018.  This in turn would result in a
cross-default under Acasta's other debt arrangements and could put
Acasta at risk for an insolvency filing.

The proceeds from the Proposed Transaction will remedy Acasta's
immediate financial problems by enabling Acasta to make the
Principal Payment.  It should also ensure that Acasta remains
onside its debt to EBITDA covenant under the Credit Facility.

Advisors

The Special Committee has retained the services of Blair Franklin
Capital Partners Inc. to provide an independent financial
assessment as to the fairness, from a financial point of view, of
the consideration to be received by Acasta pursuant to the Proposed
Transaction, and has engaged Osler, Hoskin & Harcourt LLP as
independent legal advisor to the Special Committee.


ALLIED IV LLC: Hires Backenroth Frankel as Counsel
--------------------------------------------------
Allied IV, LLC, seeks authority from the U.S. Bankruptcy Court for
the Eastern District of New York to employ Backenroth Frankel &
Krinsky, LLP, as counsel to the Debtor.

Allied IV, LLC, requires Backenroth Frankel to:

   a. provide the Debtor with legal counsel regarding her powers
      and duties as a debtor-in possession in the continued
      operation of its business and management of its property
      during the Chapter 11 case;

   b. prepare on behalf of the Debtor all necessary applications,
      answers, orders, reports, and other legal documents which
      may be required with the Chapter 11 case;

   c. provide the Debtor with legal services regarding
      formulating and negotiating a plan of reorganization with
      creditors; and

   d. perform such other legal services for the Debtor as
      required during the Chapter 11 case, including but not
      limited to, the institution of actions against third
      parties, objections to claims, and the defense of actions
      which may be brought by third parties against the Debtor.

Backenroth Frankel will be paid at these hourly rates:

         Attorneys          $350
         Paralegals         $125

Backenroth Frankel will be paid a retainer in the amount of
$5,000.

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

Mark A. Frankel, a partner at Backenroth Frankel & Krinsky, 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.

Backenroth Frankel can be reached at:

     Mark A. Frankel, Esq.
     BACKENROTH FRANKEL & KRINSKY, LLP
     800 Third Avenue
     New York, NY 10022
     Tel: (212) 593-1100

                      About Allied IV, LLC

Allied IV, LLC, listed itself as a single asset real estate ,as
defined in 11 U.S.C. Section 101(51B).  The Company is the fee
simple owner of a real property located at 113-18 Liberty Avenue
Richmond Hill, New York 11419 valued by the Company at $10 million.
Allied IV filed as a domestic limited liability company in the
State of New York on Aug. 15, 2013.

Allied IV LLC, based in Great Neck, NY, filed a Chapter 11 petition
(Bankr. E.D.N.Y. Case No. 18-40884) on Feb. 19, 2018.

In the petition signed by Bahram Hakakian, as officer of Venture
Realty Inc., the Debtor's managing member, the Debtor estimated $10
million in assets and $2.11 million in liabilities.

The Hon. Elizabeth S. Stong presides over the case.

Mark A. Frankel, Esq., at Backenroth Frankel & Krinsky, LLP, serves
as bankruptcy counsel to the Debtor.  Coritsidis & Lambros, PLLC,
is the special real estate and litigation counsel.


ALLIED IV LLC: Hires Coritsidis & Lambros as Special Counsel
------------------------------------------------------------
Allied IV, LLC, seeks authority from the U.S. Bankruptcy Court for
the Eastern District of New York to employ Coritsidis & Lambros,
PLLC, as special real estate and litigation counsel to the Debtor.

Allied IV, LLC requires Coritsidis & Lambros to represent and
provide legal services in connection with the Debtor's estate in
the Chapter 11 bankruptcy proceedings.

Coritsidis & Lambros will be paid at the hourly rate of $350-$450.

Coritsidis & Lambros will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Michael Coritsidis, a partner at Coritsidis & Lambros, 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.

Coritsidis & Lambros can be reached at:

     Michael Coritsidis, Esq.
     CORITSIDIS & LAMBROS, PLLC
     46 Trinity Place
     New York, NY 10006
     Tel: (212) 797-4600

                      About Allied IV, LLC

Allied IV, LLC, listed itself as a single asset real estate ,as
defined in 11 U.S.C. Section 101(51B).  The Company is the fee
simple owner of a real property located at 113-18 Liberty Avenue
Richmond Hill, New York 11419 valued by the Company at $10 million.
Allied IV filed as a domestic limited liability company in the
State of New York on Aug. 15, 2013.

Allied IV LLC, based in Great Neck, NY, filed a Chapter 11 petition
(Bankr. E.D.N.Y. Case No. 18-40884) on Feb. 19, 2018.

In the petition signed by Bahram Hakakian, as officer of Venture
Realty Inc., the Debtor's managing member, the Debtor estimated $10
million in assets and $2.11 million in liabilities.

The Hon. Elizabeth S. Stong presides over the case.

Mark A. Frankel, Esq., at Backenroth Frankel & Krinsky, LLP, serves
as bankruptcy counsel to the Debtor.  Coritsidis & Lambros, PLLC,
is the special real estate and litigation counsel.


ALPHA NATURAL: Can Junk Agreement with J. Organ, 4th Cir. Rules
---------------------------------------------------------------
In the appeals case captioned DAVID J. PIERCE TRUST U/A, dated
February 23, 2011; NANCY P. GETTINGER; MARY EVELYN AMSTUTZ; ANNE E.
FRANKLIN; JOHN PAUL ORGAN; JUDITH LYNN ORGAN; MARY EVELYN AMSTUTZ
TESTAMENTARY TRUST, Creditors-Appellants, v. ALPHA NATURAL
RESOURCES, INCORPORATED, Debtor-Appellee, No. 17-1339 (4th Cir.),
the bankruptcy debtors moved pursuant to reject an agreement
entered between John and Eunice Organ and one of the debtors'
predecessors.

Appellants and successors-in-interest to the Organs objected,
arguing that the agreement conveyed to the Organs an interest in
property that is not subject to termination under section 365. In
thorough, well-reasoned opinions, the bankruptcy court held that
the debtors could reject the agreement, and the district court
affirmed that decision. Appellants appeal the final order of the
district court.

The Fourth Circuit reviews de novo the legal conclusions of the
bankruptcy court and the district court, and reviews for clear
error the factual findings of the bankruptcy court. Having
carefully considered the parties' arguments in light of these
review standards, the Fourth Circuit finds no error in either the
lower courts' legal conclusions or factual findings. The Fourth
Circuit, therefore, affirms the final order of the district court
substantially for the reasons stated by the district court.  

A copy of the Fourth Circuit's Decision dated Feb. 20, 2018 is
available at https://is.gd/b2qTgM from Leagle.com.

Augustus C. Epps, Jr. -- aepps@cblaw.com -- Clint A. Nichols,
CHRISTIAN & BARTON, LLP, Richmond, Virginia; Lori A. McMullen --
lmcmullen@crowleyfleck.com -- CROWLEY FLECK PLLP, Sheridan,
Wyoming; Peter M. Pearl -- ppearl@spilmanlaw.com -- SPILMAN, THOMAS
& BATTLE, PLLC, Roanoke, Virginia, for Appellants.

Tyler P. Brown -- tpbrown@hunton.com -- Henry P. (Toby) Long, III
-- hlong@hunton.com -- Justin F. Paget -- jpaget@hunton.com --
HUNTON & WILLIAMS LLP, Richmond, Virginia; Patrick J. Crank, CRANK
LEGAL GROUP, P.C., Cheyenne, Wyoming, for Appellees.

               About Alpha Natural Resources

Headquartered in Bristol, Virginia, Alpha Natural --
http://www.alphanr.com/-- is a coal supplier, ranked second
largest among publicly traded U.S. coal producers as measured by
2014 consolidated revenues of $4.3 billion.  As of August 2015,
Alpha had 8,000 full time employees across many different states,
with UMWA representing 1,000 of the employees.

Alpha Natural Resources, Inc. (Bankr. E.D. Va. Case No. 15-33896)
and its affiliates filed separate Chapter 11 bankruptcy petitions
on Aug. 3, 2015, listing $9.9 billion in total assets as of June
30, 2015, and $7.3 billion in total liabilities as of June 30,
2015.

The petitions were signed by Richard H. Verheij, executive vice
president, general counsel and corporate secretary.

Judge Kevin R. Huennekens presides over the cases.

David G. Heiman, Esq., Carl E. Black, Esq., and Thomas A. Wilson,
Esq., at Jones Day serve as the Debtors' general counsel.  Tyler P.
Brown, Esq., J.R. Smith, Esq., Henry P. (Toby) Long, III, Esq., and
Justin F. Paget, Esq., serve as the Debtors' local counsel.

Rothschild Group is the Debtors' financial advisor.  Alvarez &
Marshal Holdings, LLC, is the Debtors' investment banker.  Kurtzman
Carson Consultants, LLC, is the Debtors' claims and noticing
agent.

The U.S. Trustee for Region 4 appointed seven creditors of Alpha
Natural Resources Inc. to serve on the official committee of
unsecured creditors.  Dennis F. Dunne, Esq., Evan R. Fleck, Esq.,
and Eric K. Stodola, Esq., at Milbank, Tweed, Hadley & McCloy LLP;
and William A. Gray, Esq., W. Ashley Burgess, Esq., and Roy M.
Terry, Jr., Esq. at Sands Anderson PC, represent the Committee.

Alpha Natural Resources on July 7, 2016, said its plan of
reorganization has been confirmed by the Bankruptcy Court.  On July
26, Alpha Natural Resources and its affiliates emerged from Chapter
11 bankruptcy protection.  The reorganized company is a smaller,
privately held company operating 18 mines and eight preparation
plants in West Virginia and Kentucky.


AMERICAN STEEL: Seeks Approval to Use Cash Collateral
-----------------------------------------------------
American Steel Processing Company seeks authorization from the U.S.
Bankruptcy Court for the Northern District of Florida to use cash
collateral in order to maintain its business operations and protect
its ability to reorganize in accordance with Chapter 11 of the
Code.

As of February 26, 2018, the total principal indebtedness owing by
the Debtor to Summit Bank, N.A. was approximately $1,682,427.
Summit Bank asserts a security interest in the Debtor's accounts
receivable, specific items of equipment and a blanket security
interest in all equipment.

As of the Petition Date, Summit Bank claims a lien on known
accounts receivable -- approximately $129,619 -- which was due from
Covanta.  The receivable was paid into the Debtor's prepetition
restricted account at Summit Bank.  However, Summit Bank has frozen
the account and refused to release the funds.

The Debtor claims that the funds on deposit are essential and
necessary for the Debtor to operate because the Debtor requires
money to pay for ongoing business expenses, pay utilities and those
expenses customarily associated with operation and management of a
fast paced national business as it has locations in Florida,
Alabama and Pennsylvania, and to pay for other indispensable
purposes.

Eventually, if Debtor fails to timely pay such items, the Debtor
will be forced to close down entirely all of its operations, which
will result in irreparable injury to the Debtor, its creditors, and
will prevent its chances for an effective reorganization.

Prior to filing the Chapter 11, the Debtor attempted to work out a
pre-filing cash collateral agreement. However, the Debtor and
Summit Bank have not reached an agreement with Summit Bank
regarding use of cash collateral nor adequate protection.

As such, in the event the Court does not authorize the use of cash
collateral, the Debtor believes it will be unable to maintain its
current business operations and propose plan of reorganization.

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

         http://bankrupt.com/misc/flnb18-50060-20.pdf

                American Steel Processing Company

American Steel Processing Company is a steel fabricator in Panama
City, Florida, founded in July 1998.  American Steel Processing
filed a Chapter 11 petition (Bankr. N.D. Fla. Case No. 18-50060) on
Feb. 26, 2018.  In the petition signed by Thomas J. Fanell,
president/CEO, the Debtor estimated assets and liabilities at $1
million to $10 million.  The case is assigned to Judge Karen K.
Specie.  The Debtor is represented by Charles M. Wynn, Esq., at
Charles Wynn Law Offices, P.A.


AMERICAN STEEL: Summit Bank Seeks to Ban Cash Collateral Use
------------------------------------------------------------
Summit Bank, N.A., asks the U.S. Bankruptcy Court for the Northern
District of Florida to prohibit American Steel Processing Company
from using its cash collateral.

Summit Bank objects to the Debtor's use of its equipment
collateral, its pre-petition receivable and its cash collateral,
including any and all income generated by the inventory and
equipment and any and all pre-petition and post-petition accounts
receivable.

To the extent that the Debtor seeks to use the equipment
collateral, the pre-petition receivable and/or cash collateral
post-petition, Summit Bank asks the Court to protect and sequester
its cash collateral as follows: (a) application of the receivable
to the debt owed to Summit Bank; and/or (b) adequate protection to
include post-petition replacement liens on accounts receivable and
on any new inventory or equipment; (c) monthly adequate protection
payments for the use of Summit Bank's cash collateral and equipment
collateral; and (d) confirmation of and maintenance of casualty
insurance on the equipment collateral and all of the Debtor's
equipment and inventory.

Summit Bank is a secured creditor in this case and has a first
position blanket lien on the Debtor's equipment, inventory and
accounts receivable, and has a purchase money lien with respect to
specific collateral. According to the Debtor's voluntary petition,
Summit Bank is undersecured with a total claim of approximately
$1,435,696, and as of Feb. 20, 2018, the Debtor had a prepetition
account receivable subject to Summit Bank's Receivable Demand,
totaling $129,000.

Under 11 U.S.C. Sec. 363(c)(2), a debtor is prohibited from using a
creditor's cash collateral absent a court order or the consent of
all parties that have an interest in the collateral.  Summit Bank
has not authorized or consented to any post-petition use of its
cash collateral and its interest in the cash collateral is not
adequately protected under U.S.C Section 363.

Attorneys for Summit Bank:

         Sarah S. Walton, Esq.
         Philip A. Bates, Esq.
         Philip A. Bates, P.A.
         P.O. Box 1390
         Pensacola, FL 32591-1390
         Telephone: (850) 470-0091
         Facsimile: (850) 470-0441
         E-mail: pbates@philipbates.net
                 swalton@philipbates.net

                American Steel Processing Company

American Steel Processing Company is a steel fabricator in Panama
City, Florida, founded in July 1998.  American Steel Processing
filed a Chapter 11 petition (Bankr. N.D. Fla. Case No. 18-50060) on
Feb. 26, 2018.  In the petition signed by Thomas J. Fanell,
president/CEO, the Debtor estimated assets and liabilities at $1
million to $10 million.  The case is assigned to Judge Karen K.
Specie.  The Debtor is represented by Charles M. Wynn, Esq., at
Charles Wynn Law Offices, P.A.


AMERICAN TANK: Selling 2006 Fontaine 53 Foot Drop Deck Trailer
--------------------------------------------------------------
American Tank Co., Inc., asks the U.S. Bankruptcy Court for the
Western District of Louisiana to authorize the sale of a 2006
Fontaine 53 foot drop deck trailer bearing VIN 13N25330871539425.

The Debtor owns the trailer.  It believes that a sale of the
trailer could obtain between $21,000 and $18,500 for the trailer.
It is currently not necessary for the purposes of reorganization.


The Debtor is asking authority to sell the trailer wherein the
proceeds would be deposited in the DIP account for general
operations.

                   About American Tank Company

American Tank Company, Inc., specializes in fabrication, design,
erection, disassembly, inspection and maintenance of API 12B and
AWWA D103 Bolted Tanks.  

American Tank, based in New Iberia, Louisiana, filed a Chapter 11
petition (Bankr. W.D. La. Case No. 17-51160) on Sept. 5, 2017.  In
the petition signed by Larry J. Romero, its president, the Debtor
disclosed $1.76 million in assets and $1.83 million in liabilities.


Judge Robert Summerhays presides over the case.  

William C. Vidrine, Esq., at Vidrine & Vidrine, PLLC, serves as
bankruptcy counsel.  The Debtor hired Fran R. Henderson, as its
accountant.


APPLICATION CONSULTANTS: June 21 Chapter 727 Claims Bar Date
------------------------------------------------------------
A petition was filed on February 21, 2018, commencing an assignment
for the benefit of creditors pursuant to chapter 727, Florida
Statutes, by Application Consultants, Inc., assignor, with
principal place of business at 415 Montgomery Road #165, Altamonte
Springs, FL 32714 to Mark Healy, assignee.

Pursuant to Section 727.105, Fla. Stat., no proceeding may be
commenced against the Assignee except as provided in Chapter 727,
and excepting the case of a consensual lienholder enforcing its
rights in personal property or real property collateral, there
shall be no levy, execution, attachment or the like, in connection
with any judgment of claim against assets of the Estate, in the
possession, custody or control of the Assignee.

To receive any dividend in this proceeding, interested parties must
file on or before June 21, 2018, a proof of claim with the
Assignee:

     Mark Healy
     Michael Moecker & Associates, Inc.
     1883 Marina Mile Blvd., Suite 106
     Fort Lauderdale, FL 33315

The case is, In re: APPLICATION CONSULTANTS, INC., Assignor, to
MARK HEALY, Assignee, Case No. 2018-CA-000465-16-K, pending before
the CIRCUIT COURT OF THE EIGHTEENTH JUDICIAL CIRCUIT IN AND FOR
SEMINOLE COUNTY, FLORIDA CIVIL DIVISION.


APPVION INC: Keybank & Committee Object to DIP Financing Motion
---------------------------------------------------------------
BankruptcyData.com reported that KeyBank National Association and
Appvion Inc.'s official committee of unsecured creditors filed with
the U.S. Bankruptcy Court separate objections to the motion of the
debtors to incur senior DIP financing. The committee asserts, "To
the extent that it was unclear to this Court and other parties in
interest thus far that the Debtors' only goal in these Chapter 11
Cases is the appeasement of the Majority Lender, the relief
requested under the Senior DIP Motion removes any remaining doubt.
Through a single pleading, filed on an emergent basis where no
emergency exists, the Debtors seek to refinance their postpetition
secured credit facility, through a structure designed to trample
upon the rights of other creditors and ensure that there will be no
competitive auction process for the sale of the Debtors' assets.
The Debtors allege that they are in need of additional liquidity in
order to finance operations through the conclusion of their sale
process and these Chapter 11 Cases. Having already invested
hundreds of millions of dollars in the Debtors, the Majority Lender
is understandably willing to provide this additional financing of
up to $15 million to protect its investment.  However, the relief
requested through the Senior DIP Motion goes far beyond simply
providing additional liquidity to protect the Majority Lender's
investment. Not only does the relief requested through the Senior
DIP Motion advance the Majority Lender's agenda of ensuring that
there is no competitive bidding process and that the Debtors will
hand over the keys to the Majority Lender, but the Debtors seek
permission to pay the Majority Lender approximately $685,000 in new
fees for this privilege. The Committee submits that the requested
relief is inappropriate, not supported by applicable law, and
should not be approved by this Court. Moreover, the Debtors seek
such drastic relief on an expedited basis solely to appease the
Majority Lender in its role as the proposed Stalking Horse
Purchaser, not to 'avoid immediate and irreparable harm to the
estate.'  The Debtors should not be allowed to game the system by
using increased DIP financing to eviscerate the substantive rights
of other creditor constituents and to provide an advantage to the
Majority Lender in its capacity as the proposed Stalking Horse
Purchaser. Moreover, the Majority Lender should certainly not be
permitted to receive a fee for acting in its own self-interest.
Accordingly, the Committee respectfully requests that this Court
defer consideration of the Senior DIP Motion until the next omnibus
hearing."

                     About Appvion Inc.

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

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

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

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

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

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


ASCENT RESOURCES: Hires PJT Partners as Investment Banker
---------------------------------------------------------
Ascent Resources Marcellus Holdings, LLC, and its debtor-affiliates
seek authority from the U.S. Bankruptcy Court for the District of
Delaware to employ PJT Partners LP, as investment banker to the
Debtors.

Ascent Resources requires PJT Partners to:

   a. assist in the evaluation of the Debtors' businesses and
      prospects;

   b. assist in the development of the Debtors' long-term
      business plan and related financial projections;

   c. analyze the Debtors' financial liquidity and evaluate
      alternatives to improve such liquidity;

   d. evaluate the Debtors' debt capacity and alternative capital
      structures;

   e. provide strategic advice with regard to restructuring or
      refinancing the Debtors' Obligations, including analyzing
      various restructuring scenarios and the potential impact of
      these scenarios on the recoveries of those stakeholders
      impacted by the Restructuring;

   f. coordinate, lead and participate in negotiations among the
      Debtors and its creditors and other interested parties;

   g. value securities offered by the Debtors in connection with
      a Restructuring;

   h. advise the Debtors and negotiate with lenders with respect
      to potential waivers or amendments of various credit
      facilities;

   i. assist in the pursuit of a Restructuring;

   j. assist in the pursuit of Asset Dispositions, as mutually
      agreed between the Debtors and PJT Partners;

   k. participate in hearings in these chapter 11 cases and
      provide expert witness testimony concerning any of the
      subjects encompassed by the other investment banking
      services;

   l. assist in the development of financial data and
      presentations to the Board of Directors of Ascent
      Resources, LLC, various creditors and other third parties;
      and

   m. provide such other advisory services as are customarily
      provided in connection with the analysis and negotiation of
      a Restructuring, as requested and mutually agreed.

PJT Partners will be paid as follows:

   i.    a monthly advisory fee (the "Monthly Fee") in the amount
         of $175,000 per month from the Effective Date (i.e.,
         September 1, 2016) through December 31, 2016 and
         $150,000 per month thereafter, payable by the Debtors in
         cash as follows: (a) for the first month (i.e.,
         September 1 –September 30, 2016) in advance within two
         business days of execution of this Agreement; and (b)
         for each month thereafter, in advance on the first day
         of each month;

   ii.   a DIP financing fee (the "DIP Financing Fee") for any
         debtor-in-possession ("DIP") financing arranged by PJT
         Partners, at the Debtors' request, earned and payable
         upon receipt of a binding commitment letter. If access
         to the financing is limited by orders of the bankruptcy
         court, a proportionate fee shall be payable with respect
         to each available commitment (irrespective of
         availability blocks, borrowing base, or other similar
         restrictions). The DIP Financing Fee will be calculated
         as 1.0% of the total issuance size for DIP financing. No
         DIP Financing Fee will be earned by PJT Partners for any
         capital raised from existing stakeholders listed on
         Schedule I to the Engagement Letter, other than through
         general solicitation led by PJT Partners;

   iii.  an additional fee (the "Restructuring Fee") equal to
         $5,250,000 earned and payable upon consummation of a
         Restructuring. In the event that the Debtors attempt to
         implement the Restructuring by means of a pre-
         negotiated chapter 11 plan, the Restructuring Fee is
         earned and payable upon "the receipt of sufficient
         commitments, agreements or other expressions of
         intention to accept" such plan. 7 50% of all Monthly
         Fees earned after January 1, 2017 will be credited
         against the Restructuring Fee.

   iv.   in the event the Debtors requests, in writing, the
         assistance of PJT Partners in regard to an Asset
         Disposition then, upon the consummation of that Asset
         Disposition, an Asset Disposition fee ("Asset
         Disposition Fee") payable in cash at the closing of such
         Asset Disposition calculated as, for any individual
         Asset Disposition:

         a. 1.25% of Asset Disposition Value 9 up to
            $300,000,000; plus

         b. 1% of Asset Disposition Value above $300,000,000;

         c. provided, for any transaction with one of the two
            counter-parties that have already submitted an
            indication of interest to the Debtor then the Asset
            Disposition Fee shall be 75% of the above stated
            percentage; and

         d. PJT Partners will credit 50% of any Asset Disposition
            Fee against the Restructuring Fee.

   v. reimbursement of all reasonable out-of-pocket expenses
      incurred during this engagement, including, but not limited
      to, travel and lodging, direct identifiable data
      processing, document production, publishing services and
      communication charges, courier services, working meals,
      reasonable fees and expenses of PJT Partners' counsel
      (without the requirement that the retention of such counsel
      be approved by this Court) and other reasonable and
      necessary expenditures, payable upon rendition of invoices
      setting forth in reasonable detail the nature and amount of
      such expenses.

Steven Zelin, partner in the restructuring and special situations
group of PJT Partners LP, 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.

PJT Partners can be reached at:

     Steven Zelin
     PJT PARTNERS LP
     280 Park Avenue
     New York, NY 10017
     Tel: (212) 364-7800

                    About Ascent Resources
                        Marcellus Holdings

Oklahoma City-based Ascent Resources Marcellus Holdings, LLC and
its wholly owned subsidiaries, Ascent Resources - Marcellus, LLC
("ARM") and Ascent Resources Marcellus Minerals, LLC were formed to
acquire, explore for, develop, produce and operate natural gas and
oil properties in the Marcellus Shale.  The ARM Entities currently
own or have the right to develop 43,000 net acres in northern West
Virginia.

Ascent Resources Marcellus Holdings and 2 affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the
United States Bankruptcy Code (Bankr. D. Del. Lead Case No.
18-10265) on Feb. 6, 2017.

Ascent Resources, LLC, Ascent Resources Utica Holdings, LLC, Ascent
Resources - Utica, LLC and Ascent Resources Management Services,
LLC -- Ascent Entities -- are not included in the ARM Restructuring
and their operations remain unaffected by the ARM Restructuring.

The Ascent Entities are separate and distinct entities that have
their own capital structures, financing and operations. The Ascent
Entities do not guarantee any of the ARM Entities debt.

The Debtors tapped SULLIVAN & CROMWELL LLP as general bankruptcy
counsel; YOUNG CONAWAY STARGATT & TAYLOR, LLP, as bankruptcy
co-counsel; D.R. PAYNE & ASSOCIATES, INC., as restructuring
advisor; PJT PARTNERS, as financial advisor; and PRIME CLERK LLC,
as claims agent.


ASCENT RESOURCES: Hires Prime Clerk as Administrative Advisors
--------------------------------------------------------------
Ascent Resources Marcellus Holdings, LLC, and its debtor-affiliates
seek authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Prime Clerk LLC, as administrative advisor to
the Debtors.

Ascent Resources requires Prime Clerk to:

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

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

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

   d. provide a confidential data room, if requested;

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

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

Prime Clerk will be paid at these hourly rates:

     Director of Solicitation                    $210
     Solicitation Consultant                     $190
     COO and Executive VP                      No charge
     Director                                 $175 to $195
     Consultant/Senior Consultant              $65 to $165
     Technology Consultant                     $35 to $95
     Analyst                                   $30 to $50

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

Benjamin J. Steele, vice president of Prime Clerk, 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.

Prime Clerk can be reached at:

     Benjamin J. Steele
     PRIME CLERK, LLC
     830 3rd Avenue, 9th Floor
     New York, NY 10022
     Tel: (212) 257-5450

              About Ascent Resources Marcellus
                       Holdings, LLC

Oklahoma City-based Ascent Resources Marcellus Holdings, LLC and
its wholly owned subsidiaries, Ascent Resources - Marcellus, LLC
("ARM") and Ascent Resources Marcellus Minerals, LLC were formed to
acquire, explore for, develop, produce and operate natural gas and
oil properties in the Marcellus Shale.  The ARM Entities currently
own or have the right to develop 43,000 net acres in northern West
Virginia.

Ascent Resources Marcellus Holdings and 2 affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the
United States Bankruptcy Code (Bankr. D. Del. Lead Case No.
18-10265) on Feb. 6, 2017.

Ascent Resources, LLC, Ascent Resources Utica Holdings, LLC, Ascent
Resources - Utica, LLC and Ascent Resources Management Services,
LLC -- Ascent Entities -- are not included in the ARM Restructuring
and their operations remain unaffected by the ARM Restructuring.

The Ascent Entities are separate and distinct entities that have
their own capital structures, financing and operations. The Ascent
Entities do not guarantee any of the ARM Entities debt.

The Debtors tapped SULLIVAN & CROMWELL LLP as general bankruptcy
counsel; YOUNG CONAWAY STARGATT & TAYLOR, LLP, as bankruptcy
co-counsel; D.R. PAYNE & ASSOCIATES, INC., as restructuring
advisor; PJT PARTNERS, as financial advisor; and PRIME CLERK LLC,
as claims agent.


ASCENT RESOURCES: Hires Sullivan & Cromwell as Counsel
------------------------------------------------------
Ascent Resources Marcellus Holdings, LLC, and its debtor-affiliates
seek authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Sullivan & Cromwell LLP, as counsel to the
Debtors.

Ascent Resources requires Sullivan & Cromwell to:

   a. advise the Debtors with respect to their powers and duties
      as debtors and debtors-in-possession, including the legal
      and administrative requirements of operating in chapter 11;

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

   c. assist with the preservation of the Debtors' estates,
      including the prosecution of actions commenced under the
      Bankruptcy Code or otherwise on their behalf, and
      objections to claims filed against the estates;

   d. prepare and prosecute on behalf of the Debtors all motions,
      applications, answers, orders, reports and papers necessary
      for the administration of the estates;

   e. negotiate and prepare on the Debtors' behalf chapter 11
      plan(s), disclosure statement(s) and all related agreements
      and documents;

   f. advise the Debtors with respect to any sale of assets and
      negotiate and prepare on the Debtors' behalf all agreements
      related thereto;

   g. advise the Debtors with respect to certain corporate,
      financing and tax matters as requested by the Debtors and
      without duplication of other professionals' services;

   h. appear before the Court, and any appellate courts, and
      protect the interests of the Debtors' estates before such
      courts; and

   i. perform all other legal services in connection with these
      chapter 11 cases as requested by the Debtors and without
      duplication of other professionals' services.

Sullivan & Cromwell will be paid at these hourly rates:

     Partners                           $1,150 to $1,435
     Of Counsel/Special Counsel         $1,100 to $1,390
     Associates                           $550 to $990
     Legal Assistants                     $300 to $435

At all times during the 90 days immediately preceding the Petition
Date, Sullivan & Cromwell held as security for payment of its fees
and expenses a retainer in the amount of $250,000, which retainer
the Debtors funded on January 26, 2017. On February 2, 2018, the
Debtors funded the retainer with an additional $500,000. As of the
Petition Date, Sullivan & Cromwell hold as security for payment of
its fees and expenses a retainer in the amount of $750,000.

Sullivan & Cromwell will also be reimbursed for reasonable
out-of-pocket expenses incurred.

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   Question:  Did you agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  Yes. As discussed herein, Sullivan & Cromwell does
              not ordinarily determine its fees solely on the
              basis of hourly rates. For the purposes of its
              engagement by the Debtors, Sullivan & Cromwell has
              agreed that it will charge for services performed
              during these chapter 11 cases, and will apply to
              the Court for approval of such charges, on the
              basis of the hourly rates described in this
              Declaration. The hourly rates set forth herein are
              the same or less than the hourly rates used by
              Sullivan & Cromwell when preparing estimates of
              fees under its normal billing practices.

              In particular, the rates for the more senior
              timekeepers for each class of personnel represent a
              discount from the rates used by Sullivan & Cromwell
              when preparing estimates of fees under its normal
              billing practices for non-bankruptcy engagements.

   Question:  Do any of the professionals included in this
              engagement vary their rate based on the geographic
              location of the bankruptcy case?

   Response:  No.

   Question:  If you represented the client in the 12 months
              prepetition, disclose your billing rates and
              material financial terms for the prepetition
              engagement, including any adjustments during the 12
              months prepetition. If your billing rates and
              material financial terms have changed postpetition,
              explain the difference and the reasons for the
              difference.

   Response:  Response:  As of January 1, 2018, Sullivan &
              Cromwell performed services for the Debtors at
              the same hourly rate proposed in connection with
              these chapter 11 cases. Prior to January 1, 2018,
              Sullivan & Cromwell performed services for the
              Debtors at hourly rates determined with reference
              to its hourly rates for bankruptcy engagements
               during that period or earlier periods.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  The Debtors have approved Sullivan & Cromwell's
              budget and staffing plan for the period from the
              Petition Date to April 15, 2018. If necessary,
              Sullivan & Cromwell expects to submit for approval
              by the Debtors prospective budgets and staffing
              plans for the duration of these chapter 11 cases.

Robert W. Kelly II, partner of Sullivan & Cromwell LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Sullivan & Cromwell can be reached at:

     Andrew G. Dietderich, Esq.
     Brian D. Glueckstein, Esq.
     Alexa J. Kranzley, Esq.
     SULLIVAN & CROMWELL LLP
     125 Broad Street
     New York, NY 10004
     Tel:  (212) 558-4000
     Fax:  (212) 558-3588

              About Ascent Resources Marcellus
                       Holdings, LLC

Oklahoma City-based Ascent Resources Marcellus Holdings, LLC and
its wholly owned subsidiaries, Ascent Resources - Marcellus, LLC
("ARM") and Ascent Resources Marcellus Minerals, LLC were formed to
acquire, explore for, develop, produce and operate natural gas and
oil properties in the Marcellus Shale.  The ARM Entities currently
own or have the right to develop 43,000 net acres in northern West
Virginia.

Ascent Resources Marcellus Holdings and 2 affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the
United States Bankruptcy Code (Bankr. D. Del. Lead Case No.
18-10265) on Feb. 6, 2017.

Ascent Resources, LLC, Ascent Resources Utica Holdings, LLC, Ascent
Resources - Utica, LLC and Ascent Resources Management Services,
LLC -- Ascent Entities -- are not included in the ARM Restructuring
and their operations remain unaffected by the ARM Restructuring.

The Ascent Entities are separate and distinct entities that have
their own capital structures, financing and operations. The Ascent
Entities do not guarantee any of the ARM Entities debt.

The Debtors tapped SULLIVAN & CROMWELL LLP as general bankruptcy
counsel; YOUNG CONAWAY STARGATT & TAYLOR, LLP, as bankruptcy
co-counsel; D.R. PAYNE & ASSOCIATES, INC., as restructuring
advisor; PJT PARTNERS, as financial advisor; and PRIME CLERK LLC,
as claims agent.


ASCENT RESOURCES: Hires Young Conaway as Co-Counsel
---------------------------------------------------
Ascent Resources Marcellus Holdings, LLC, and its
debtor-affiliates, seek authority from the U.S. Bankruptcy Court
for the District of Delaware to employ Young Conaway Stargatt &
Taylor, LLP, as co-counsel to the Debtors.

Ascent Resources requires Young Conaway to:

   a. provide legal advice and services regarding local rules,
      practices, and procedures and provide substantive and
      strategic advice on how to accomplish the Debtors' goals in
      connection with the prosecution of these cases, bearing in
      mind that the Court relies on co-counsel such as Young
      Conaway to be involved in all aspects of each bankruptcy
      proceeding;

   b. review, comment, and prepare drafts of documents to
      be filed with the Court as co-counsel to the Debtors;

   c. appear in Court and at any meeting with the U.S. Trustee
      for the District of Delaware (the "U.S. Trustee") and any
      meeting of creditors at any given time on behalf of the
      Debtors as their co-counsel;

   d. perform various services in connection with the
      administration of these cases, including, without
      limitation, (i) prepare agenda letters, certificates of
      no objection, certifications of counsel, notices of fee
      applications and hearings, and hearing binders of documents
      and pleadings; (ii) monitor the docket for filings and
      coordinate with Sullivan & Cromwell LLP ("Sullivan &
      Cromwell") on pending matters that need responses; (iii)
      prepare and maintain critical dates memoranda to monitor
      pending applications, motions, hearing dates, and other
      matters and the deadlines associated with the same; (iv)
      handle inquiries and calls from creditors and counsel to
      interested parties regarding pending matters and the
      general status of these cases; and (v) coordinate with
      Sullivan & Cromwell on any necessary responses;

   e. prosecute a chapter 11 plan; and

   f. perform all other services assigned by the Debtors, in
      consultation with Sullivan & Cromwell, to Young Conaway as
      co-counsel to the Debtors; to the extent the Firm
      determines that such services fall outside of the scope of
      services historically or generally performed by Young
      Conaway as co-counsel in a bankruptcy proceeding, Young
      Conaway will file a supplemental declaration pursuant to
      Bankruptcy Rule 2014.

Young Conaway will be paid at these hourly rates:

     Pauline K. Morgan                   $920
     Joel Waite                          $920
     Kara Hammond Coyle                  $595
     Ian J. Bambrick                     $470
     Allison S. Mielke                   $360
     Debbie Laskin, Paralegal            $285

Young Conaway received an initial retainer of $50,000 on January 4,
2017, in connection with the planning and preparation of initial
documents and its proposed post-petition representation of the
Debtors.  In addition, Young Conaway received payments prior to the
Petition Date in the sum of $54,091.  After deducting necessary
expenses, Young Conaway continues to hold a Retainer in the amount
of $51,060.

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

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

   a. Young Conaway has not agreed to a variation of its standard
      or customary billing arrangements for this engagement;

   b. None of the Young Conaway's professionals included in this
      engagement have varied their rate based on the geographic
      location of these chapter 11 cases;

   c. Young Conaway was retained by the Debtors pursuant to an
      engagement agreement dated as of December 8, 2016. The
      billing rates and material terms of the prepetition
      engagement are the same as the rates and terms described in
      the Application and herein.

   d. The Debtors have approved or will be approving a
      prospective budget and staffing plan for Young Conaway's
      engagement for the postpetition period as appropriate. In
      accordance with the U.S. Trustee Guidelines, the budget may
      be amended as necessary to reflect changed or unanticipated
      developments.

Pauline K. Morgan, partner of Young Conaway Stargatt & Taylor, LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Young Conaway can be reached at:

     Pauline K. Morgan, Esq.
     Kara Hammond Coyle, Esq.
     Joel A. Waite, Esq.
     Kara Hammond Coyle (No. 4410)
     YOUNG CONAWAY STARGATT & TAYLOR, LLP
     Rodney Square, 1000 North King Street
     Wilmington, DE 19801
     Tel:  (302) 571-6600
     Fax:  (302) 571-1253

              About Ascent Resources Marcellus
                         Holdings, LLC

Oklahoma City-based Ascent Resources Marcellus Holdings, LLC and
its wholly owned subsidiaries, Ascent Resources - Marcellus, LLC
("ARM") and Ascent Resources Marcellus Minerals, LLC were formed to
acquire, explore for, develop, produce and operate natural gas and
oil properties in the Marcellus Shale.  The ARM Entities currently
own or have the right to develop 43,000 net acres in northern West
Virginia.

Ascent Resources Marcellus Holdings and 2 affiliated debtors each
filed a voluntary petition for relief under Chapter 11 of the
United States Bankruptcy Code (Bankr. D. Del. Lead Case No.
18-10265) on Feb. 6, 2017.

Ascent Resources, LLC, Ascent Resources Utica Holdings, LLC, Ascent
Resources - Utica, LLC and Ascent Resources Management Services,
LLC -- Ascent Entities -- are not included in the ARM Restructuring
and their operations remain unaffected by the ARM Restructuring.

The Ascent Entities are separate and distinct entities that have
their own capital structures, financing and operations. The Ascent
Entities do not guarantee any of the ARM Entities debt.

The Debtors tapped SULLIVAN & CROMWELL LLP as general bankruptcy
counsel; YOUNG CONAWAY STARGATT & TAYLOR, LLP, as bankruptcy
co-counsel; D.R. PAYNE & ASSOCIATES, INC., as restructuring
advisor; PJT PARTNERS, as financial advisor; and PRIME CLERK LLC,
as claims agent.


B. VALDEZ CONSTRUCTION: Hires Carl M. Barto as Bankruptcy Counsel
-----------------------------------------------------------------
B. Valdez Construction & Development, Inc., seeks authority from
the U.S. Bankruptcy Court for the Southern District of Texas to
employ the Law Office of Carl M. Barto, as bankruptcy counsel to
the Debtor.

B. Valdez Construction requires Carl M. Barto to:

   a. advise the Debtor with respect to its rights, duties and
      powers in these cases;

   b. assist and advise the Debtor in its consultations relative
      to the administration of these cases;

   c. assist the Debtor in analyzing the claims of the creditors
      and in negotiating with such creditors;

   d. assist the Debtor in the analysis of and negotiations with
      any third party concerning matters relating to, among other
      things, the terms of the plan of reorganization;

   e. represent the Debtor at all hearings and other proceedings;

   f. review and analyze all applications, orders, statements of
      operations, and schedules filed with the Court and advise
      the Debtor as to its propriety;

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

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

Carl M. Barto will be paid at the hourly rate of $350. Carl M.
Barto will be paid a retainer in the amount of $6,000. It will also
be reimbursed for reasonable out-of-pocket expenses incurred.

Carl M. Barto, partner of the Law Office of Carl M. Barto, 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.

Carl M. Barto can be reached at:

     Carl M. Barto, Esq.
     LAW OFFICE OF CARL M. BARTO
     817 Guadalupe St.
     Laredo, TX 78040
     Tel: (956) 725.7500
     Fax: (956) 722.6732
     E-mail: cmblaw@netscorp.net

                 About B. Valdez Construction
                       & Development, Inc.

B. Valdez Construction & Development, Inc., filed a Chapter 11
bankruptcy petition (Bankr. S.D. Tex. Case No. 17-50262) on Dec.
23, 2017, disclosing under $1 million in both assets and
liabilities.  Carl M. Barto, Esq., at the Law Office of Carl M.
Barto, serves as counsel to the Debtor.



BELLFLOWER FUNDING: Case Summary & 30 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor affiliates that filed voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code:

    Debtor                                        Case No.
    ------                                        --------
    Bellflower Funding, LLC                       18-10507
    14140 Ventura Boulevard, Suite 302
    Sherman Oaks, CA 91423

    Wall 123, LLC                                 18-10508
    14140 Ventura Boulevard, #302
    Sherman Oaks, CA 91423

Business Description: Bellflower Funding, LLC and Wall 123, LLC
                      are affiliates of the Woodbridge Group of
                      Companies, LLC, whose cases are currently
                      being jointly administered under the Lead
                      Case No. 17-12560.  Headquartered in Sherman
                      Oaks, California, The Woodbridge Group
                      Enterprise is a comprehensive real estate
                      finance and development company.  

                      http://woodbridgecompanies.com/

Chapter 11 Petition Date: March 9, 2018

Judge: Hon. Kevin J. Carey

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

Debtors'
Delaware
Bankruptcy
Counsel:          Sean Matthew Beach, Esq.
                  YOUNG, CONAWAY, STARGATT & TAYLOR LLP
                  1000 North King Street
                  Wilmington, DE 19801
                  Tel: 302-571-6600
                  Fax: 302-576-3281
                  Email: sbeach@ycst.com

Debtors'
General
Bankruptcy
Counsel:          KLEE, TUCHIN, BOGDANOFF & STERN LLP

Debtors'
Claims &
Noticing
Agent:            GARDEN CITY GROUP INC.

Estimated Assets: $500 million to $1 billion

Estimated Liabilities: $500 million to $1 billion

The petitions were signed by Bradley D. Sharp, chief restructuring
officer.

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

         http://bankrupt.com/misc/deb18-10507.pdf
         http://bankrupt.com/misc/deb18-10508.pdf

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
G3 Group                                Trade            $992,112  
   
8020 Floral Ave
Los Angeles, CA 90046
Tel: (805) 557-1075
Email: docs@gthreegroup.com

Dane Coyle Custom Homes Inc.            Trade            $784,207
23945 Calabasas Rd Ste 101
Calabasas, CA 91302
Ophelia Ovenson
Tel: (805) 857-0198

Precise Investment Group              Commission         $679,800
14140 Ventura Blvd, Suite 302
Sherman Oaks, CA 91423

Builder's Team                          Trade            $594,628
8949 Sunset Blvd #201
West Hollywood CA 90069
Tel: (310) 734-7846
Email: info@buildersteam.com

City of Los Angeles                     Trade            $571,477
PO Box 30879
Los Angeles, CA 90030-0879
Tel: (213) 473-3231

Janckila Construction Inc.              Trade            $527,223
75 Buckskin Dr
Carbondale, CO 81623
Bret Byman
Tel: (970) 963-7239
Email: ken@janckilaconstruction.com

David Goldman                        Commission          $379,800
14140 Ventura Blvd, Suite 302
Sherman Oaks, CA 91423

OHS Design & Development LLC            Trade            $353,700
50 Shatto PL, #411
Los Angeles, CA 90020
Paul Oh
Tel: (213) 739-1512
Email: info@ohsdd.com

Brook Church-Koegel                  Commission          $349,800
14140 Ventura Blvd, Suite 302
Sherman Oaks, CA 91423

The I-Grace Company                     Trade            $284,081
1964 Westwood Blvd, Ste 425
Los Angeles, CA 90025
John Gasparyan
Tel: (310) 645-1555
Email: info@igrace.com

Nicole Walker                        Commission          $279,800
14140 Ventura Blvd, Suite 302
Sherman Oaks, CA 91423

Darin Baker                          Commission          $229,800

Sean Renninger                       Commission          $229,191

KAA Design Group Inc.                   Trade            $172,383

Los Angeles Dept of Water and Power     Trade            $154,615

John Labib & Associates                 Trade            $132,390
Email: info@labibse.com

Kim Tavares                          Commission          $100,473

Alba Environmental Services Inc.        Trade             $92,080
Email: info@albademo.com

BT Construction & Development           Trade             $88,530
Email: btconstruction@mac.com

Steve Glick                           Commission          $73,898

Boswell Construction                    Trade             $70,902
Email: info@buildboswell.com

HM DG Inc.                              Trade             $68,234
Email: info@hmdginc.com

Studio Tim Campbell                     Trade             $62,748
Email: info@studiomk26.com

Plus Development LLC                    Trade             $61,700
Email: la@plusdevelopmentgroup.com

A Logan Insurance Brokerage             Trade             $59,481
Email: info@aloganins.com

Walker Workshop Design Build            Trade             $59,460
Email: info@walkerworkshop.com

Standard LLP                            Trade             $55,000
Email: info@standardarchitecture.com

StudioMK27 Arquitetos Ltda              Trade             $45,000
Email: info@studiomk26.com

Ronald Diez                           Commission          $27,558

Javid Construction Inc.                 Trade             $25,686
Email: timmyjavid@hotmail.com


BOBILEFF CORPORATION: Hires Fitzmaurice & Demergian as Counsel
--------------------------------------------------------------
Bobileff Corporation d/b/a Bobileff Motorcar Company, seeks
authority from the U.S. Bankruptcy Court for the Southern District
of California to employ Fitzmaurice & Demergian, as counsel to the
Debtor.

Bobileff Corporation requires Fitzmaurice & Demergian to:

   a. prepare, inter alia, of bankruptcy schedules, statement of
      financial affairs, records and reports as required by the
      Federal Rules of Bankruptcy Procedure, Local Bankruptcy
      Rules and the U.S. Trustee's Guidelines & Operating and
      Reporting Requirements;

   b. prepare of applications, amendments, motions and
      proposed orders to be submitted to the Court, as deemed
      necessary;

   c. prepare applications to employ professionals, and
      compensation of insiders as necessary;

   d. represent the Debtor's best interest against any relief
      from stay proceedings from secured creditor FENB or its
      successors in interest or any other objection or claim of
      unsecured creditor;

   e. advise the Debtor and prepare documents in connection with
      the continued operation of the Debtor's business;

   f. advise the Debtor and prepare documents in connection with
      any liquidation of any of the Debtor's assets;

   g. assist the Debtor and prepare documents in connection
      with a plan of reorganization, disclosure statement and
      obtaining confirmation of the proposed plan of
      reorganization; and

   h. provide all other actual and necessary general case
      administration and representations as may be required by
      Debtor, the Court and the U.S. Trustee's Guidelines to
      successfully represent the estate's best interest.

Fitzmaurice & Demergian will be paid at the hourly rate of $395.

Fitzmaurice & Demergian will be paid a retainer in the amount of
$50,000. The amount of $ $12,579.50 was consumed as filing fees and
initial services for work done pre-petition.

Jack F. Fitzmaurice,  a partner at Fitzmaurice & Demergian, 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.

Fitzmaurice & Demergian can be reached at:

     Jack F. Fitzmaurice, Esq.
     FITZMAURICE & DEMERGIAN
     339 Hilltop Dr., Suite 101
     Chula Vista, CA 91910
     Tel: (619) 591-1000
     Fax: (619) 591-1010
     E-mail: jackf@fitzmauricelaw.com

                   About Bobileff Corporation

Bobileff Corporation, headquartered in San Diego, California, is a
full service provider of automotive repair and maintenance. The
Company specializes in the restoration and sale of select used
Italian cars like Ferrari, Lamborghini,  Maserati.  Gary Bobileff
founded the Company in 1979. http://www.bobileff.com/

Bobileff Corporation, based in San Diego, CA, filed a Chapter 11
petition (Bankr. S.D. Cal Case No. 18-00459) on Jan. 30, 2018.  In
the petition signed by Gary Bobileff, president, the Debtor
estimated $1 million to $10 million in both assets and liabilities.


Jack F. Fitzmaurice, Esq., at Fitzmaurice & Demergian, serves as
bankruptcy counsel.


CENVEO INC: Gets Final Order on $290-Mil. DIP Financing Motion
--------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court
approved, on a final basis, Cenveo Inc.'s financing motion. As
previously reported, "To obtain liquidity critical to funding its
operations and these chapter 11 cases, Cenveo, with the assistance
of Rothschild, completed an exhaustive marketing process to solicit
proposals for debtor-in-possession financing from members of the
First Lien Noteholder Group, the Prepetition ABL Lenders, Brigade,
in its capacity as cross-over lender under the First and Second
Lien Notes, an institution holding the entire amount outstanding
under the FILO Notes and a majority of the amount outstanding under
the Unsecured Notes, and five other institutions. This exhaustive
process was ultimately successful, culminating in a $190 million
ABL DIP Facility provided by the Prepetition ABL Lenders and a new
$100 million DIP Term Facility backstopped by more than a majority
of the holders of First Lien Notes. The DIP Term Facility will pay
down, and create availability under, the ABL DIP Facility. In turn,
the availability under the ABL DIP Facility will provide sufficient
liquidity to fund these chapter 11 cases and Cenveo's general
corporate operations, support foreign operations, finance
operational restructuring and cost-savings initiatives, and,
importantly, make payments to Cenveo's vendors and other
participants in Cenveo's supply chain."

                         About Cenveo

Headquartered in Stamford, Connecticut, Cenveo (NASDAQ:CVO) --
http://www.cenveo.com/-- is a global provider of print and related
resources, offering world-class solutions in the areas of custom
labels, envelopes, commercial print, content management and
publisher solutions.  The Company provides a one-stop offering
through services ranging from design and content management to
fulfillment and distribution.  With a worldwide distribution
platform, the Company says it delivers quality solutions and
services every day to its more than 100,000 customers.

After reaching an agreement with holders of a majority of its first
lien debt to support a Chapter 11 plan of reorganization, Cenveo
Inc. and its domestic subsidiaries filed voluntary petitions for
reorganization under Chapter 11 of the U.S. Bankruptcy Code in
White Plains, New York (Bankr. S.D.N.Y. Lead Case No. 18-22178) on
Feb. 2, 2018.  The Chapter 11 filing does not include foreign
entities, such as those located in India.

As of Dec. 31, 2017, Cenveo disclosed total assets of $789,547,000
and total debt of $1,426,133,000.

The Debtors tapped Kirkland & Ellis LLP as counsel; Rothschild Inc.
as investment banker; Zolfo Cooper LLC as restructuring advisor;
and Prime Clerk LLC as notice, claims & balloting agent, and
administrative advisor.

The U.S. Trustee for Region 2 appointed an official committee of
unsecured creditors in the Debtors' cases.


CHINA FISHERY: BANA, Noteholders Oppose Intercompany Claims Deal
----------------------------------------------------------------
BankruptcyData.com reported that the senior noteholder committee
and Bank of America, N.A. (BANA) filed with the U.S. Bankruptcy
Court separate objections to China Fishery Group's chapter 11
trustee and the other Debtor's joint motion for an order approving
the settlement agreement netting intercompany claims among and
between CFG Peru Singapore, the other Debtors, and the non-debtor
affiliates, including the CFG Peru Singapore subsidiaries.  Bank of
America asserts, "In this Objection, BANA does not seek to stop the
sale of the Peruvian Opcos; it has throughout these Chapter 11
Cases strongly advocated for such a sale. Nor does BANA oppose the
settlement and netting of the Intercompany Claims if that will
facilitate a successful sale.  BANA merely seeks through this
Objection to correct the unique and altogether unfair prejudice it
alone will sustain as a result of the Netting of claims as
specifically proposed by the Other Debtors and Trustee.  Where the
Motion solidifies the immediate cash payment from sale proceeds to
creditors like the Noteholders who are situated similarly to BANA,
it forces BANA to wait for payment, if it comes at all, and in so
doing, to place its trust in the very Debtors and the Ng family on
whose actions BANA fought so hard to impose restraint.  That is a
bridge too far, and as to BANA, the Motion contradicts every
assurance of post-sale treatment BANA had received from both the
Chapter 11 Trustee and the Other Debtors.  As to BANA, the netting
defects are fixable, but to date, the Motion's proponents have
refused any fix and, as a result, BANA respectfully submits that
because its treatment under the Motion is altogether inequitable
and prejudicial, the Motion in its current form should be denied."

            About China Fishery Group Limited (Cayman)

China Fishery Group Limited (Cayman) and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Lead Case No. 16-11895) on June 30, 2016.

In the petition signed by CEO Ng Puay Yee, China Fishery Group
estimated its assets at $500 million to $1 billion and debt at $10
million to $50 million.

The cases are assigned to Judge James L. Garrity Jr.

Weil, Gotshal & Manges LLP has been tapped to serve as lead
bankruptcy counsel for China Fishery and its affiliates other than
CFG Peru Investments Pte. Limited (Singapore).  Weil Gotshal
replaces Meyer, Suozzi, English & Klein, P.C., the law firm
initially hired by the Debtors.  The Debtors have also tapped
Klestadt Winters Jureller Southard & Stevens, LLP, as conflict
counsel; Goldin Associates, LLC, as financial advisor; RSR
Consulting LLC as restructuring consultant; and Epiq Bankruptcy
Solutions, LLC, as administrative agent.  Kwok Yih & Chan serves as
special counsel.

On Nov. 10, 2016, William Brandt, Jr., was appointed as Chapter 11
trustee for CFG Peru Investments Pte. Limited (Singapore), one of
the Debtors.  Skadden, Arps, Slate, Meagher & Flom LLP serves as
the trustee's bankruptcy counsel; Hogan Lovells US LLP serves as
special counsel; and Quinn Emanuel Urquhart & Sullivan, LLP, serves
as special litigation counsel.


CHINA FISHERY: Damanzaiho Vessel Open for Overbids Til Mar. 16
--------------------------------------------------------------
BankruptcyData.com reported that China Fishery Group filed with the
U.S. Bankruptcy Court a notice of sale of a non-debtor vessel in
accordance with non-debtor asset sale order. The notice states, "If
a party is interested in submitting an overbid for the
'Damanzaihao', such overbid must be received by March 16, 2018 at
4:00 p.m. (Eastern Time). Pursuant to the Non-Debtor Asset Sale
Order, the Chapter 11 Trustee proposes to enter into the
transaction (the 'Proposed Transaction'), which involves the
private sale or transfer of the 'Damanzaihao', a non-debtor vessel
to a single buyer or group of related buyers. The Trustee intends
to sell the 'Damanzaihao', a fishing vessel currently anchored in
the port of Chimbote, Peru, to Windspeed Enterprise Limited, a
British Virgin Islands limited liability company. CFG Peru
Singapore subsidiary involved is Sustainable Fishing Resources
S.A.C., with a consideration of $10,800,000."

           About China Fishery Group Limited (Cayman)

China Fishery Group Limited (Cayman) and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Lead Case No. 16-11895) on June 30, 2016.

In the petition signed by CEO Ng Puay Yee, China Fishery Group
estimated its assets at $500 million to $1 billion and debt at $10
million to $50 million.

The cases are assigned to Judge James L. Garrity Jr.

Weil, Gotshal & Manges LLP has been tapped to serve as lead
bankruptcy counsel for China Fishery and its affiliates other than
CFG Peru Investments Pte. Limited (Singapore). Weil Gotshal
replaces Meyer, Suozzi, English & Klein, P.C., the law firm
initially hired by the Debtors. The Debtors have also tapped
Klestadt Winters Jureller Southard & Stevens, LLP, as conflict
counsel; Goldin Associates, LLC, as financial advisor; RSR
Consulting LLC as restructuring consultant; and Epiq Bankruptcy
Solutions, LLC, as administrative agent. Kwok Yih & Chan serves as
special counsel.

On Nov. 10, 2016, William Brandt, Jr., was appointed as Chapter 11
trustee for CFG Peru Investments Pte. Limited (Singapore), one of
the Debtors. Skadden, Arps, Slate, Meagher & Flom LLP serves as the
trustee's bankruptcy counsel; Hogan Lovells US LLP serves as
special counsel; and Quinn Emanuel Urquhart & Sullivan, LLP, serves
as special litigation counsel.


CHRISTOPHER RIDGEWAY: Law Firm Awarded Reduced Compensation
-----------------------------------------------------------
Judge Douglas D. Dodd of the U.S. Bankruptcy Court for the Eastern
District of Louisiana granted Adams and Reese, LLP application for
compensation for representing debtor Christopher Martin Ridgeway in
his individual chapter 11 case as well as in an appeal before the
United States Court of Appeals for the Sixth Circuit.

A&R sought $967,776.76 in fees and costs. Stryker Corporation and
Howmedica Osteonics objected to the application. The court awarded
A&R $282,811.02 on an interim basis and after an evidentiary
hearing ordered the parties to file supplemental memoranda.

Ridgeway's contentious chapter 11 case concluded with a confirmed
plan of reorganization fully paying all but one allowed
pre-bankruptcy claim. Stryker, the debtor's sole remaining unpaid
creditor, holds an unliquidated unsecured claim based on a federal
trial court judgment against Ridgeway and his wholly owned
business, Stone Surgical, LLC, for $745,195.

Stryker objected to A&R's fees on several grounds. Its unresolved
objections as of the evidentiary hearing were:

   1. A&R was not authorized to represent the chapter 11 debtor in
his appeal and fees for that work should be disallowed.

   2. Even if A&R's engagement included the appellate work, the
bankruptcy estate should not bear all the fees for the appeal
because A&R simultaneously represented Stone Surgical, a
co-appellant and debtor's affiliate.

   3. A&R is not entitled to payment at paralegal rates for
administrative or clerical work.

   4. A&R is not entitled to compensation for services for which
time entries are redacted or vague or for which excessive time was
billed.

The Court finds that all but one of Stryker's challenges has
merit.

Regarding A&R's fee application, the Court finds that the fee
requested merit reductions.

A review of the billing statements for the appellate work supports
a finding that A&R lawyers imprudently spent excessive amounts of
time handling the appeal. The billing statements also reveal
charges for multiple conferences and telephone conferences about
appeal matters among A&R lawyers on June 30; July 7, 11 and 12;
August 8; and September 16 and 28, 2016.

To summarize, "the court's supervisory power is not limited to the
situation in which the fees are ethically excessive. Courts can
limit fee requests that exceed the outer limit of reasonableness,
where the fee 'has resulted in such an enrichment at the expense of
the client that it offends a court's sense of fundamental fairness
and equity.' A fee can exceed the outer limit of reasonableness
'without necessarily being so "clearly excessive" as to justify a
finding of a breach of ethics.'"

The evidence supports awarding A&R a fee of $300,000 for
prosecuting the appeal on behalf of both Ridgeway and Stone
Surgical.

The next issue is the portion that the estate should bear. Stryker
contends that Stone Surgical should pay half of the fees A&R seeks
for its appellate work because A&R represented both Ridgeway and
Stone in the appellate court. In response, A&R maintains that Stone
Surgical was only nominally a party in the Michigan litigation,
though it concedes that Stone would have benefitted had the court
of appeals reversed the trial court. A&R argues against dividing
the total sought between Ridgeway and Stone but offers no specific
suggestion for reducing the debtor's share of the bill.

Stone is a classic free rider: it seeks to pay nothing for A&R's
services on appeal even though success on appeal would revive a
presumably valuable claim against Stryker and Howmedica.
Stone Surgical stood to benefit had its appeal succeeded and
permitted it to pursue $165 million in state law claims, and so it
should bear part of the cost of the appeal.

Assessing half of the fees to Stone is neither unreasonable nor
unfair to A&R or Stone. The latter personally guaranteed A&R's fees
for the Ridgeway engagement; the former bargained to accept payment
from Stone Surgical if for any reason Ridgeway or his bankruptcy
estate were unable to pay the fees. Accordingly, of the $300,000
the court deems reasonable for the appeal, A&R is entitled to
payment of $150,000 from Ridgeway; it may seek the balance from
Stone Surgical.

In summary, the court awards A&R on a final basis fees of $402,238
and $17,489.52 in costs for its work on the debtor's bankruptcy,
and fees of $150,000 and $3,580.87 in costs for its work on the
debtor's appeal.

A full-text copy of Judge Dodd's Memorandum Opinion dated Feb. 27,
2018 is available at:

    http://bankrupt.com/misc/laeb16-10643-680.pdf

Christopher Martin Ridgeway filed a Chapter 11 bankruptcy petition
(Bankr. E.D. La. Case No. 16-10643) on March 23, 2016, and is
represented by attorneys at Adams and Reese, LLP.


COBALT INT'L: Names Successful Bidders on 5 Assets
--------------------------------------------------
BankruptcyData.com reported that Cobalt International Energy filed
with the U.S. Bankruptcy Court a notice of successful bidders and
backup bidders. The notice states, "At the Auction, the Debtors, in
consultation with the Consultation Parties, determined the
following Bids to be Successful Bids and Backup Bids: as to the
Debtors' Heidelberg assets, the Successful Bidder is W&T Offshore,
Inc. with a Bid of $31.1 million; as to the Debtors' Shenandoah
assets, the Successful Bidder is Navitas Petroleum US, LLC with a
Bid of $1.8 million; as to the Debtors' North Platte assets, the
Successful Bidders are Total E&P USA, Inc. and Statoil Gulf of
Mexico LLC with a Bid of $339 million, and the Backup Bidder is GOM
Offshore Holdings LLC5; as to the Debtors' Anchor assets, the
Successful Bidder is Total E&P USA, Inc. with a Bid of $181
million, and the Backup Bidder is GOM Offshore Holdings LLC; and as
to the Debtors' exploration assets, the Successful Bidder is Total
E&P USA, Inc. with a Bid of $25 million, and the Backup Bidder is
GOM Offshore Holdings LLC."

                  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.


COLONIAL PENNIMAN: Deed of Easement Gives Same Rights to Successors
-------------------------------------------------------------------
Appellants/Cross-Appellees John and Maxine Williams and
Appellee/Cross-Appellant Colonial Penniman LLC in the appeals case
captioned JOHN WILLIAMS, et al., Appellants/Cross-Appellees, v.
COLONIAL PENNIMAN, LLC, Appellee/Cross-Appellant, Civil Action No.
4:17cv109 (E.D. Va.), appeal certain decisions of the U.S.
Bankruptcy Court for the Eastern District of Virginia.

Appellee acquired an 8.42 acre parcel of land on the James River
from Appellants on Jan. 15, 2007. As part of that transfer,
Appellee and Appellants entered into a deed of easement with the
Property as the dominant estate and Appellants' remaining property
as the subservient estate. After Appellee subdivided the Property
for development, the Parties began disputing the scope of the
easement, and Appellants used barriers to restrict access.

Upon review, District Judge Henry Coke Morgan, Jr. remands the
matter to the Bankruptcy Court for further proceedings regarding
the management of the bankruptcy estate but otherwise affirms the
remainder of the opinion in two particular respects: finding that
the Deed of Easement permits all uses "for the benefit of Appellee
and finding that Appellee's successors in interest will have the
same rights in the Deed of Easement as Appellee has.

The Court's rulings on these issues are independent of and do not
alter the zoning requirements of James City County as they apply to
the Appellee's property, nor do they invade the jurisdiction of the
bankruptcy court to manage this pending bankruptcy proceeding
including the requirements in contracts for sale in the bankruptcy
estate.

A full-text copy of Judge Morgan's Opinion and Order dated Feb. 22,
2018 is available at https://is.gd/6qKVTw from Leagle.com.

John Williams & Maxine Williams, Appellants, represented by Paul
Arthur Driscoll -- paul@zemanianlaw.com -- Zemanian Law Group &
Peter G. Zemanian -- pete@zemanianlaw.com -- Zemanian Law Group.

Colonial Penniman, LLC, Appellee, represented by William Greer
McCreedy, II, The McCreedy Law Group, PLLC.

EVB, successor by merger to Virginia Company Bank, Mark C. Hanna,
Trustee & Conway H. Shield, Trustee, Appellees, represented by
Kimberly Ann Taylor, Kepley Broscious & Biggs PLC.

Headquartered in Williamsburg, VA, Colonial Penniman, LLC filed for
Chapter 11 bankruptcy protection (Bankr. E.D. Va. Case No.
16-50394) on March 24, 2016, with estimated assets of $1 million to
$10 million and estimated liabilities at $1 million to $10 million.
The petition was signed by C. Lewis Waltrip, II, Trustee, manager.


COPSYNC INC: Court OKs Modified Payment Schedule to Kologik
-----------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
COPSync's motion for entry of agreed amended order (a) approving
the sale of assets free and clear with liens, claims and
encumbrances attaching to the proceeds; (b) approving purchase
agreement; (c) determining that the purchaser is a good faith
purchaser pursuant to Section 363(m); (d) approving the assumption
and assignment of certain contracts and leases; and (e) abrogating
the bankruptcy rule 6004(h) stay of the order. As previously
reported, "According to the Asset Purchase Agreement the purchase
price for the Debtor's assets consisted of (i) a credit bid in the
amount of $1,000,000 arising from secured debt owned by Kologik
Capital; (ii) repayment by Kologik Capital of the DIP financing
owed by the Debtor to an affiliate of Kologik Capital, Kologik
Finance Partners, LLC; (iii) issuance of 10% of equity in the
parent of Kologik Capital, Kologik, LLC f/k/a Thinkstream
Acquisition, LLC ('Kologik'); and (iv) the payment of $600,000 cash
on or before 60 days from the date of closing. The Debtor and
Kologik Capital, along with Kologik, have worked closely to
negotiate a slight modification of the payment schedule due under
the Asset Purchase Agreement. Kologik Capital has made several
payments totalling $389,000 and as of the date of the filing of
this motion owes $211,000 on the purchase price due under the Asset
Purchase Agreement. Given the good faith shown to date by Kologik
Capital in making payments, the relatively small amount of
additional time needed for Kologik Capital to make the remaining
payment, not to mention that the Debtor maintains an equity
interest in Kologik, the Debtor and Kologik Capital wish to amend
the terms of the Asset Purchase Agreement only as follows, with all
other terms remaining in force and effect: Paragraph 2(a)(iii) is
amended to state, '$600,000 in cash, payable as follows: (1)
$39,000 on or before February 2, 2018; (2) an additional $50,000 on
or before February 12, 2018; (3) an additional $300,000 on or
before March 2, 2018, and (4) all remaining amounts due on or
before March 16, 2018."

                         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.


CUMULUS MEDIA: Wants Plan Filing Deadline Moved to July 26
----------------------------------------------------------
BankruptcyData.com reported that Cumulus Media Inc. filed with the
U.S. Bankruptcy Court a motion for entry of an order extending the
exclusive periods to file a chapter 11 plan and solicit acceptances
thereof, through and including July 26, 2018 and September 24,
2018, respectively. The extension motion explains, "The Plan's
deleveraging of the Debtors' balance sheet affords the Company a
'fresh start' and provides a foundation for the long-term viability
of the Company's businesses for the benefit of its employees,
customers and other stakeholders. The Debtors have achieved
significant progress in these Chapter 11 Cases on an expedited
timeline, including obtaining both requisite financing (through the
consensual use of cash collateral) to stabilize and continue their
operations in the ordinary course of business and approval of the
disclosure statement for the Plan while avoiding the cost or
distraction of significant value-eroding litigation. Nevertheless,
significant work remains to be done. Accordingly, the Debtors need
to maintain the exclusive right to file a chapter 11 plan and
solicit votes thereon to achieve their remaining objectives as
efficiently and expeditiously as possible. In contrast, allowing
the exclusivity periods to expire would introduce unnecessary
uncertainty and confusion into the Chapter 11 Cases and will impose
substantial additional costs on the Debtors' estates. The facts and
circumstances of these Chapter 11 Cases more than justify an
initial modest four-month extension of the Debtors' exclusive
periods in which to file and solicit votes on a plan." The Court
scheduled a March 21, 2018 hearing to consider the extension motion
with objections due by March 16, 2018.

                     About Cumulus Media

Cumulus Media Inc. (OTCQX: CMLS) — http://www.cumulus.com/— is
a radio broadcasting company. The Company is also a provider of
country music and lifestyle content through its NASH brand, which
serves through radio programming, NASH Country Weekly magazine and
live events. Its product lines include broadcast advertising,
digital advertising, political advertising and non-advertising
based license fees. Its broadcast advertising includes the sale of
commercial advertising time to local, national and network clients.
Its digital advertising includes the sale of advertising and
promotional opportunities across its Websites and mobile
applications. Its across the nation platform generates content
distributable through both broadcast and digital platforms.

Based in Atlanta, Georgia, Cumulus Media Inc. and 36 of its
affiliates, including NY Radio Assets, LLC, and Westwood One, Inc.,
sought voluntary protection under Chapter 11 of the Bankruptcy Code
(Bankr. S.D.N.Y. Lead Case No. 17-13381) on Nov. 29, 2017.

In the petition signed by Richard Denning, senior vice president
and general counsel, the Debtors estimated assets of $1 billion to
$10 billion and estimated liabilities of $1 billion to $10
billion.

The case is assigned to Hon. Shelley C. Chapman.

The Debtors are represented by Paul M. Basta, Esq., Lewis R.
Clayton, Esq., Jacob A. Adlerstein, Esq., and Claudia R. Tobler,
Esq., at Paul, Weiss, Rifkind, Wharton & Garrison LLP, in New York.
PJT Partners LP serves as the Debtors' investment banker.  Alvarez
& Marsal North America, LLC, serves as the Debtors' restructuring
advisor.  EPIQ Bankruptcy Solutions, LLC, serves as the Debtors'
claims, notice and balloting agent.

The U.S. Trustee for Region 2 on Dec. 11, 2017, appointed seven
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases.


CYN RESTAURANTS: May Continue Using Cash Collateral Until April 6
-----------------------------------------------------------------
Judge Ann M. Nevins of the U.S. Bankruptcy Court for the District
of Connecticut has entered a third preliminary order authorizing
Cyn Restaurants LLC to collect and use the cash collateral to
continue the usual and ordinary course of its business by paying
those budgeted expenditures through April 6, 2018 as set forth on
the budget.

Any objection to the continued use of cash collateral must be filed
and served no later than March 23, 2018.  A further hearing on the
continued use of cash collateral will be held on March 28, 2018, at
10:00 a.m.

The approved Budget for March 2018 shows total cash disbursements
of approximately $61,015.

Prior to the Petition Date, the Debtor and Webster Bank, as well as
Community Investment Corp. were parties to Loans and Security
Agreements pursuant to which, among other things, Webster Bank and
Community Investment Corp. provided the Debtor with a loans and
credit facilities secured by liens and/or security interests in
substantially all of the Debtor's assets.

As of the Petition Date, the Debtor was indebted to Webster Bank in
the amount of $382,176 and was also indebted to Community
Investment Corp. in the amount of $208,000.

Webster Bank and Community Investment Corp. are granted
post-petition claims against the Debtor's estate, which will have
priority in payment over any other indebtedness and/or obligations
now in existence or incurred hereafter by the Debtor and over all
administrative expenses or charges against the Debtor's property.

As security for the Adequate Protection Claim, Webster Bank and
Community Investment Corp. are granted enforceable and perfected
replacement liens and/or security interests in the postpetition
assets of the Debtor's estate equivalent in nature, priority and
extent to the liens and/or security interests of Webster Bank and
Community Investment Corp., in the Pre-Petition Collateral and the
proceeds and products thereof.

Additionally, the Debtor will pay Webster Bank $1,360 as adequate
protection for March, 2018. The Debtor will also continue to keep
the Collateral fully insured against all loss, peril and hazard and
make Webster Bank and Community Investment Corp. loss payees as
their interests appear under such policies.

A full-text copy of the Third Preliminary Order is available at

        http://bankrupt.com/misc/ctb18-30185-54.pdf

                    About Cyn Restaurants

Based in Shelton, Connecticut, Cyn Restaurants LLC is engaged in
the business of the operation of a restaurant known as Stone's
Throw located at 337 Roosevelt Drive, Seymour, CT.

Cyn Restaurants filed a Chapter 11 petition (Bankr. D. Conn. Case
No. 18-30185) on Feb. 5, 2018.  In the petition signed by Peter
Hamme, the Debtor estimated $100,000 to $500,000 in assets and
$500,001 to $1 million in liabilities.  James M. Nugent, Esq., at
Harlow, Adams & Friedman, P.C., is the Debtor's counsel.


CYPRESS-LAGUNA: Allowed to Expend Cash Collateral Until April 11
----------------------------------------------------------------
Judge Theodor C. Albert of the U.S. Bankruptcy Court for the
Central District of California has entered an order authorizing
Cypress Urgent Care, Inc. and Laguna Dana Urgent Care, Inc.
(collectively, the "Cypress-Laguna Debtors"), directly or through
Radiant Physician Group, to use and expend cash collateral during
the interim period through and including April 11, 2018.

Any and all financial institutions holding funds of the bankruptcy
estates are instructed to allow the Cypress-Laguna Debtors to
utilize such funds during the interim period.

During the interim period, the Cypress-Laguna Debtors are
authorized to make monthly expenditures in an amount not to exceed
115% of the actual and necessary expenditures set forth in the
Operative Budget without the consent or approval of Opus or further
Court order.

Opus Bank is granted a replacement lien in the Cypress-Laguna
Collateral and all prepetition and postpetition assets, including
the Cypress-Laguna Debtors' accounts, inventory and equipment, in
which and to the extent the Cypress-Laguna Debtors hold an
interest, whether tangible or intangible, whether by contract or
operation of law. Such replacement lien will have the same extent
and priority as any duly perfected and unavoidable liens in cash
collateral held by Opus Bank as of Petition Date.

In addition, the Cypress-Laguna Debtors will continue to tender to
Opus Bank a monthly adequate protection payment in the amount of
$9,250 payable to Opus Bank by no later than the 25th of each month
that such payment is due. Opus Bank will apply any amounts received
to reduce the indebtedness secured by the Collateral as permitted
under the applicable loan documents.

The Cypress-Laguna Debtors are required to provide periodic
reporting in the format consistent with the prior cash collateral
reports provided by the Cypress-Laguna Debtors. The Cypress-Laguna
Debtors are also required to provide Opus Bank and David P.
Stapleton, in his capacity as the Receiver, copies of Cash
Collateral Reports

The status conference in these jointly-administered bankruptcy
cases is hereby continued to April 11, 2018 at 10:00 a.m. The
hearing on the Cash Collateral Motion is continued to April 11,
2018 at 11:00 a.m.

Any brief in support of the Cash Collateral Motion or the Dismissal
Motion must be filed and served on or before March 28, 2018. Any
opposition to such brief must be filed and served on or before
April 4, 2018.

A full-text copy of the Order is available at

                 http://bankrupt.com/misc/cacb17-13077-482.pdf

Attorneys for Secured Creditor Opus Bank

         Barry A. Smith, Esq.
         Steven M. Spector, Esq.
         Anthony J. Napolitano, Esq.
         Buchalter, A Professional Corporation
         1000 Wilshire Boulevard, Suite 1500
         Los Angeles, CA 90017-2457
         Telephone: (213) 891.0700
         Facsimile: (213) 896.0400
         E-mail: bsmith@buchalter.com
                 sspector@buchalter.com
                 anapolitano@buchalter.com

                 About Hoag Urgent Care-Tustin

Hoag Urgent Care-Tustin, Inc., and its affiliates operate five
urgent care clinics located throughout Southern California.

Hoag Urgent Care-Tustin and its affiliates filed Chapter 11
bankruptcy petitions (Bankr. C.D. Cal. Case No. 17-13077) on Aug.
2, 2017.  In the petitions signed by Dr. Robert C. Amster,
president, the Debtors estimated assets and liabilities of $1
million to $10 million.

Judge Theodor Albert presides over the cases.  

The Debtors hired Baker & Hostetler LLP as legal counsel;
Keen-Summit Capital Partners LLC as investment banker; and
Grobstein Teeple LLP as their accountants.


DANA INC: Merger With GKN Unit No Impact on Moody's Ba3 CFR
-----------------------------------------------------------
The announcement by Dana Incorporated that it has signed definitive
agreements to combine with the Driveline division of GKN plc (GKN
Driveline) is a positive credit development for the long-term but
does not currently impact Dana's Ba3 Corporate Family Rating, or
stable rating outlook.

Dana Incorporated, headquartered in Maumee, Ohio, is a global
manufacturer of driveline, sealing and thermal management products
serving OEM customers in the light vehicle, commercial vehicle and
off-highway markets. Revenue for the 2017 was approximately $7.2
billion.


DELOS MEGACORE: Case Summary & 4 Unsecured Creditors
----------------------------------------------------
Debtor: Delos Megacore, Ltd.
        10541 Berry Knoll Drive
        Dallas, TX 75212

Business Description: Delos Megacore, Ltd. is a privately
                      held company in Dallas, Texas.

Chapter 11 Petition Date: March 11, 2018

Case No.: 18-40992

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Judge: Hon. Mark X. Mullin

Debtor's Counsel: Jeff P. Prostok, Esq.
                  FORSHEY & PROSTOK, LLP
                  777 Main St., Suite 1290
                  Ft. Worth, TX 76102
                  Tel: 817-877-8855
                  E-mail: jpp@forsheyprostok.com
                          jprostok@forsheyprostok.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by John H. Carney, manager.

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

    http://bankrupt.com/misc/txnb18-40992_creditors.pdf

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

         http://bankrupt.com/misc/txnb18-40992.pdf


DIAMOND CONTRACT: Hires Boyle & Valenti as Bankruptcy Counsel
-------------------------------------------------------------
Diamond Contract Flooring, LLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Pennsylvania to employ
Boyle & Valenti Law, P.C., as bankruptcy counsel to the Debtor,
substituting McDowell Posternock Apell & Detrick, P.C.

By Order dated Nov. 1, 2017, McDowell Posternock Apell & Detrick,
P.C. On Dec. 31, 2017, McDowell Posternock ceased practicing law.

Diamond Contract requires Boyle & Valenti to:

   a. advise the Debtor of its rights, powers, and duties as
      debtor-in-possession in continuing to operate and manage
      its assets;

   b. advise the Debtor concerning, and assist in the negotiation
      and documentation of the use of cash collateral and debtor-
      in-financing, debt restructuring and related transactions;

   c. review the nature and validity of agreements relating to
      the Debtor's business and advise the Debtor in connection
      therewith;

   d. review the nature and validity of liens, asserted against
      the Debtor and advise to the enforceability of such liens;

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

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

   g. advise the Debtor concerning and prepare responses to,
      applications, motions pleadings, notices and other papers
      which may be filed in the Debtor's Chapter 11 case;

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

   i. prosecute claims on behalf of the Debtor; and

   j. perform all other legal services for and on behalf of the
      Debtor which may be necessary or appropriate in the
      administration of the Chapter 11 case.

Boyle & Valenti will be paid at these hourly rates:

         Attorneys        $300 to $350
         Paralegals          $100

Boyle & Valenti will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Carrie Jeanne Boyle, a partner at Boyle & Valenti Law, 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.

Boyle & Valenti can be reached at:

     Carrie Jeanne Boyle, Esq.
     BOYLE & VALENTI LAW, P.C.
     10 Gove Street
     Haddonfield, NJ 08003
     Tel: (856) 499-3335
     Fax: (856) 216-7456
     E-mail: cboyle@b-vlaw.com

               About Diamond Contract Flooring

Diamond Contract Flooring, LLC, is a privately held company in
Bensalem, Pennsylvania, and has been in the business of
wholesale-floor coverings since 2000.  The company sells and
installs carpeting, tile, hardwoods and other types of flooring for
residential and commercial establishments in both Pennsylvania and
New Jersey.

Diamond Contract Flooring filed a Chapter 11 petition (Bankr. E.D.
Pa. Case No. 17-16672) on Sept. 29, 2017.  In the petition signed
by Christopher Diamond, president, the Debtor disclosed $142,481 in
assets and $1.32 million in liabilities.

The Hon. Eric L. Frank presides over the case.

McDowell Posternock Apell & Detrick, P.C., serves as bankruptcy
counsel to the Debtor, and later substituted by Boyle & Valenti
Law, P.C., as bankruptcy counsel.


EOC GROUP: Moody's Assigns B2 Corporate Family Rating
-----------------------------------------------------
Moody's Investors Service assigned first time ratings to EOC Group,
Inc. ("Mavis"), including a B2 Corporate Family Rating. Moody's
also assigned a B1 rating to the company's senior secured revolving
credit facility and 1st lien term loan and delayed draw term loan.
Moody's also assigned a Caa1 rating to the company's 2nd lien term
loan and delayed draw term loan. These new ratings are being issued
in conjunction with the acquisition of Mavis by affiliates of
Golden Gate Capital for roughly $1.85 billion, which equates to a
rough multiple of around 16 times. Mavis will then be combined with
another Golden Gate portfolio company, Express Oil Change & Tire
Engineers ("Express"). The rating outlook is stable.

"The ratings reflect the strength of Mavis brand and franchise in
the replacement tire segment in the geographies in which
itoperates, as well as the risks inherent in a sponsor-owned
company," states Moody's Vice Presdient Charlie O'Shea. "Leverage
is very high for the rating and will fluctuate depending on the
cadence of acquisitions but interest coverage is acceptable
especially given the cadence of acquisitions," continued O'Shea.
"In addition, Moody's expects dividends to the sponsor to be
minimal in the medium term."

Assignments:

Issuer: EOC Group, Inc.

-- Probability of Default Rating, Assigned B2-PD

-- Corporate Family Rating, Assigned B2

-- Senior Secured Revolving Credit Facility, Assigned B1(LGD3)

-- Senior Secured 1st Lien Term Loan, Assigned B1(LGD3)

-- Senior Secured 1st Lien Delayed Draw Term Loan, Assigned
    B1(LGD3)

-- Senior Secured 2nd Lien Term Loan, Assigned Caa1(LGD5)

-- Senior Secured 2nd Lien Delayed Draw Term Loan, Assigned
    Caa1(LGD5)

Outlook Actions:

Issuer: EOC Group, Inc.

-- Outlook, Assigned Stable

RATINGS RATIONALE

The B2 Corporate Family Rating considers Mavis' market position in
an extremely-fragmented segment of retail, with penetration and
brand recognition clearly evident in its chosen markets, as well as
high proforma leverage (over 8.5 times), due to the fully-priced
structure of the acquisition, but should moderate as the company
integrates the two businesses. Ratings also consider the company's
financial sponsor ownership, with a key rating driver very limited
dividends until Mavis' leverage profile improves meaningfully and
becomes more predictable. Mavis' liquidity profile, which Moody's
characterizes as good, is another key factor, with the expectation
that the revolving credit facilty will be minimally used.

The stable outlook hinges on Mavis' ability to successfully source,
finance, and integrate new acquisition opportunities such that they
are accretive from an EBITDA perspective within 12-18 months.

An upgrade is unlikely over the medium term given the expectation
that credit metrics will remain weak. Over time, ratings could be
upgraded if debt/EBITDA settles in at a level approaching 6 times
provided EBIT/interest was sustained above 2 times.

Ratings would be downgraded in the event meaningful sponsor
dividends occur prior to some improvement of credit metrics either
via operating results or debt repayments such that debt/EBITDA is
likely to settle in the low 7 times range or EBIT/interest began
trending around 1.5 times.

EOC Group, Inc. is the parent company of Mavis Discount Tire, Inc.
and Express Oil Change & Tire Engineers, and is owned by affiliates
of Golden Gate Capital.


FALLBROOK TECHNOLOGIES: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------------
The Office of the U.S. Trustee on March 9 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Fallbrook Technologies Inc.

                   About Fallbrook Technologies

Fallbrook Technologies -- http://www.fallbrooktech.com/-- is the
inventor of the revolutionary NuVinci [(R)] continuously variable
planetary (CVP) technology, which enables performance and
efficiency improvements for machines that use an engine, pump,
motor, or geared transmission system -- including urban mobility
vehicles, cars and trucks, industrial equipment, and many other
applications.  Fallbrook has a unique collective development model
and community through which NuVinci technology licensees share
enhancements, which adds to the value of the technology and
accelerates product development.  This approach enables
forward-looking companies, who wish to create visionary new
products with NuVinci technology, to move quickly from concept to
market commercialization.  Fallbrook is based in Cedar Park near
Austin, Texas, USA and holds rights to over 800 patents and patent
applications worldwide.

Fallbrook Technologies filed a Chapter 11 petition (Bankr. D. Del.
Case No. 18-10384) together with its affiliates Fallbrook
Technologies International Co. (Bankr. D. Del. Case No. 18-10385);
Hodyon, Inc. (Bankr. D. Del. Case No. 18-10386) and Hodyon Finance,
Inc. (Bankr. D. Del. Case no. 18-10387) on Feb. 26, 2018.

In the petitions signed by Roy Messing, chief restructuring
officer, lead debtor Fallbrook Technologies Inc. indicated $50
million to $100 million in total assets and $100 million to $500
million in total liabilities.

The cases are assigned to the Judge Mary F. Walrath.

The Debtors hired Jordan A. Wishnew, Esq. at Shearman & Sterling
LLP as their general counsel; and Betsy L. Feldman, Esq. at Young
Conaway Stargatt & Taylor, LLP as their local counsel.


FARRIN ENTERZARI-ULLAH: Dist. Ct. Upholds Dismissal of Ch. 7 Case
-----------------------------------------------------------------
Appellant Farrin B. Enterzari-Ullah in the appeals case captioned
ARRIN B. ENTERZARI-ULLAH, Appellant, v. THE COLUMBIA CONDOMINIUM,
Appellee, No. 18 Civ. 1380 (PAE) (S.D.N.Y) filed an emergency
motion seeking reversal of an order dated Feb. 13, 2018 by the
Honorable Shelley C. Chapman, United States Bankruptcy Judge. That
order, which dismissed Ullah's fourth successive bankruptcy
petition as made in bad faith and barred Ullah from filing
successive such petitions, effectively cleared the way for the sale
on Feb. 21, 2018 of Ullah's condominium unit. On Feb. 20, 2018,
appellee the Columbia Condominium filed a letter response urging
denial of the motion. District Judge Paul A. Engelmayer denied
Ullah's emergency motion.

The bankruptcy cases arises out of a lien held by the Condominium
on Ullah's condominium unit resulting from Ullah's failure to pay
common charges. On Oct. 6, 2015, Ullah filed for relief under
Chapter 11 of the Bankruptcy Code. During those proceedings, the
Condominium filed, and the Bankruptcy Court granted, a motion for
relief from the automatic stay.

On May 16, 2016, Ullah filed a Chapter 7 case arising from the same
foreclosure, also before Judge Chapman. Ullah's initial, Chapter 11
bankruptcy case was still pending. On June 14, 2016, the Bankruptcy
Court dismissed the Chapter 7 case, construed the petition as a
motion to convert the pending Chapter 11 case to a Chapter 7 case,
and granted the motion to convert. Ullah thereupon withdrew the
original petition, as converted, and Judge Chapman dismissed the
case.

On July 26, 2017, Ullah filed yet another bankruptcy petition, her
third, arising from the same foreclosure.  This petition, brought
under Chapter 11 and also before Judge Chapman, remains pending.

On Jan. 22, 2018, in connection with her third petition, Ullah
filed an emergency motion in the United States District Court to
reverse Judge Chapman's order lifting the automatic stay. On Jan.
24, 2018, Judge Gardephe denied that motion on the ground that the
notice of appeal had not been timely filed.

On Jan. 24, 2018, with the 17-12053 bankruptcy case still pending,
Ullah filed a fourth petition -- the Chapter 7 petition from which
this appeal is taken. On Feb. 13, 2018, Judge Chapman dismissed the
fourth petition as having been filed in bad faith. On Feb. 16,
2018, Ullah filed an emergency motion to reverse Judge Chapman's
order.

The Court denies Ullah's emergency motion on both procedural and
substantive grounds.

As to procedural deficiencies: Ullah's motion seeks to "reverse
Judge Chapman's order dated Feb. 13, 2018."But to grant such relief
-- i.e., to revive Ullah's fourth bankruptcy action as potentially
meritorious -- the Court would require a complete record and
briefing. Given the press of time, the Condominium has not had a
full opportunity to develop its arguments for affirmance. Moreover,
to the extent that Ullah recasts the relief she seeks as a request
that the Court intervene to stay the auction scheduled for Feb. 21,
2018, Ullah effectively asks the Court to vitiate Judge Gardephe's
and Judge Chapman's orders in the third petition, as well as Judge
Chapman's order in the fourth, so as to re-impose the automatic
stays that Judge Chapman held were properly lifted. Ullah does not,
however, appeal Judge Gardephe's ruling dismissing her appeal. The
Court will not permit Ullah to end-run this proper procedure.

As to substantive deficiencies: Assuming arguendo that the Court
may reverse Judge Chapman's Order without the benefit of full
briefing and an appellate record, Ullah's motion is substantively
without merit. The Court has taken judicial notice of the
proceedings underlying this bankruptcy litigation. The documents
filed there amply demonstrate that Judge Chapman's Order was
proper.

A full-text copy of the Court's Opinion and Order dated Feb. 20,
2018 is available at https://is.gd/nADXXx from Leagle.com.

Farrin B. Enterzari-Ullah, Appellant, pro se.

The Columbia Condominium, Appellee, represented by Vincent J.
Roldan, Vandenberg & Feliu.

Farrin Batool Enterzari-Ullah filed for chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Case No. 17-12053) on July 26, 2017.


FOCUS FINANCIAL: S&P Affirms 'B+' ICR, Outlook Stable
-----------------------------------------------------
S&P Global Ratings said it affirmed its 'B+' issuer credit rating
on Focus Financial Partners LLC. The outlook remains stable.

S&P said, "We also affirmed our 'B+' issue rating on the company's
first-lien credit facility and 'B-' issue rating on its second-lien
term loan. We revised our recovery rating on the first-lien
facility to '4', indicating our expectation for modest recovery
(45%) for debtholders in the event of payment default, from '3'
(50%). The recovery rating on the second-lien term loan remains at
'6', indicating negligible (0%) recovery prospects.

The ratings affirmation reflects that, despite the projected
increase in debt following Focus' announcement of a $200 million
add-on to its first-lien term loan, S&P continues to expect
leverage will moderate in the next 12 months given the strong
growth in cash flow generation year over year.

Focus ended 2017 with leverage of approximately 7x given the
issuances of first- and second-lien term loans to fund the
investment into the company by Stone Point Capital LLC and KKR & Co
L.P. S&P said, "Initially, we projected that leverage would decline
to closer to 6x in 2018 as a result of growing cash flow generation
combined with relatively stable debt levels. Despite increased debt
associated with the transaction, our leverage expectation remains
similar, in the range of 6.0x-6.5x, because the increase in
leverage is largely offset by enhanced cash flow generation due to
further planned registered investment adviser acquisitions."

S&P said, "The stable outlook reflects our expectation that Focus
will operate with leverage between 6x and 6.5x during the next 12
months while growing mostly through acquisitions.

"We would consider lowering the ratings if leverage surges above 7x
on a sustained basis as a result of further debt issuances or
meaningful cash flow deterioration.

"We could consider raising the ratings if the company operates with
leverage comfortably below 5x and we deem that decline as
permanent."


FOCUS LEARNING: Trinity Basin Buying Dallas Land for $6.4 Million
-----------------------------------------------------------------
Focus Learning Academy, Inc., asks the United States Bankruptcy
Court Northern District of Texas to authorize the sale of a 10-acre
parcel of land in southwest Dallas, more commonly known as 2524 W.
Ledbetter Drive, Dallas, Dallas Counrt, Texas to Trinity Basin
Preparatory, Inc. for $6.4 million.

The Debtor is a non-profit corporation that previously operated the
Property.  The Property is subject to a recently renewed specific
use permit ("SUP"), which is a 5-year permit issued by the City of
Dallas, allowing for the operation of a charter school on the
Property.

The Debtor ceased operations of its charter school at the end of
the 2017 school year, and its TEA charter was revoked in August of
2017.  As the end of the 2017 school year was approaching, the
Debtor was negotiating a sale of the Property with two area charter
school entities.

On April 5, 2017, the Debtor entered into a Purchase and Sale
Agreement with Trinity Basin, a non-profit corporation that
operates five TEA-authorized charter schools in the Dallas/Fort
Worth area and would like to use the Property to open a sixth
TEA-authorized charter school.

After the April 5, 2017 Purchase and Sale Agreement was executed
and Trinity Basin took over the process of renewing the SUP for the
Property with the City of Dallas.  The City of Dallas renewed the
SUP effective Sept. 26, 2017 for a 5-year period ending Sept. 26,
2022.  Before a sale could be consummated, the Property was posted
for foreclosure causing the Debtor to file its voluntary petition
under Chapter ll on Dec. 4, 2017.  Since the Petition Date, the
Debtor, Trinity Basin and the secured lender on the Property have
been negotiating the terms of a sale of the Property.

Subject to the Court's approval, the Debtor now desires to sell the
Property, free and clear of all liens, claims and encumbrances
(save and except the lien and collateral rights of the Successor
Trustee and the 2018 ad valorem taxes which have accrued), to
Trinity Basin and Trinity Basin has agreed to purchase from the
Debtor all of the bankruptcy estate's interest in the Property,
which includes, in addition to the legal description referenced
above, the Debtor's arguably nominal reversionary interest in
amounts held in trust by UMB Bank, N.A. ("Successor Trustee")
pursuant to the financing documents for the Bonds.  Funds held in
the Trust Estate for the Bonds will, post transfer, remain subject
to the interests of the Successor Trustee pursuant to the financing
documents for the Bonds.

Generally speaking, the sale price is $6.4 million, subject to the
terms and conditions shown on the Tenn Sheet, as agreed between the
Debtor, Trinity Basin, and the Successor Trustee.  The proposed
form of Purchase and Sale Agreement between the Debtor and Trinity
Basin, consistent with the Term Sheet, will be filed with the Court
no later than five days prior to the hearing on the Motion.

The Successor Trustee holds a lien on the Property.  It Trustee is
the successor Master Trustee under the Master Trust Indenture and
Security Agreement and Supplemental Master Trust Indenture No. 1,
each dated May 1, 2011, between Wells Fargo Bank National
Association and the Debtor, and is also the successor trustee for
the Bonds issued pursuant to the Trust Indenture and Security
Agreement dated May l, 2011 between Wells Fargo and Beasley Higher
Education Finance Corp.

As the Successor Trustee under the Note Indentures, the Successor
Trustee is the owner and holder of two secured debts in the
original principal amount of (a) $8,835,000 and (b) $625,000 for
the benefit of the owners of the Bonds.  As of the Petition Date,
the unpaid principal and interest asserted to be due under the
Notes was $9,038,069.

The Notes are secured by (a) a Deed of Trust and Security Agreement
(with Assignment of Rents and Leases), dated effective May 2, 2011,
and recorded in the deed records of Dallas County, Texas on May 31,
2011 (Instrument No. 201100135992); (b) Loan Agreement dated May 1,
2011 by and between Beasley and the Debtor; and (c) various UCC-1
Financing Statements for Public Finance Transactions filedwith the
Secretary of State of the State of Texas beginning with the UCC-1
filed on June 2, 2011 and subsequent ones filed on June 30, 2011.


The Loan Documents are attached to the Successor Trustee's pending
Motion for Relief from Automatic Stay filed on Jan. 24, 2018.  As
detailed in the Term Sheet, in addition to obtaining the Court's
approval of the sale proposed herein, the Successor Trustee needs
authorization for its consent to the proposed sale.  The parties
therefore agree that any order granting the Motion be effective
only upon the Successor Trustee's receipt of the Minnesota Order.

The Debtor now asks authority to sell the Property to the Buyer
free and clear of liens, claims, and encumbrances, except for the
claims of the Successor Trustee pursuant to the Loan Documents and
the Deed of Trust and (i), which are to remain on the Property and
on the Trust Estate for the Bonds.  Any liens, claims, and
encumbrances on the Property, other than the claims of the
Successor Trustee pursuant to the Loan Documents and the Deed of
Trust, will attach to the proceeds of the sale of the Property.

All but $50,000 of the funds currently held by the Successor
Trustee in the Trust Estate for the Bonds will be retained by the
Successor Trustee.  The referenced $50,000 is sought to be
contributed to the Debtor following closing.  Other usual and
customary closing costs will be paid by the Buyer.  This will
include the cost of title insurance and the year of closing ad
valorem taxes on the Property, but will not include any attorneys'
fees of the Debtor or the Successor Trustee.  The year of closing
ad valorem tax lien will be expressly retained on the Property
until payment by the Buyer of the year of closing taxes, plus any
penalties or interest which may ultimately accrue thereon, in the
ordinary course of business.

The Debtor, along with the Successor Trustee and Trinity Basin,
believes that the highest and best use for the Property is
operation of a TEA-approved charter school.  There is no equity in
the Property.

The Debtor asks that the Court specifically order that the
provisions of Bankruptcy Rule 6004(h) do not apply to any order
approving the sale of the Property.

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

    http://bankrupt.com/misc/Focus_Learning_34_Sales.pdf

                  About Focus Learning Academy

Focus Learning Academy is a non-profit corporation that previously
operated a Texas Education Agency authorized charter school on a
10-acre parcel of land in southwest Dallas.  The Company ceased
operations of its charter school at the end of the 2017 school
year, and its TEA charter was revoked in August of 201 7.

Focus Learning Academy filed a Chapter 11 petition (Bankr. N.D.
Tex. Case No. 17-34564) on Dec. 4, 2017.  In the petition signed by
Leroy McClure, Jr., its president, the Debtor estimated $10 million
to $50 million in assets and $1 million to $10 million in
liabilities.  Judge Stacey G. Jernigan presides over the case.  The
Debtor is represented by Eric A. Liepins, Esq. at Eric A. Liepins,
P.C., as counsel.


G.A.F. SEELIG: Hires MYC & Associates as Auctioneer
---------------------------------------------------
G.A.F. Seelig, Inc., seeks authority from the U.S. Bankruptcy Court
for the Eastern District of New York to employ MYC & Associates,
Inc., as auctioneer to the Debtor.

G.A.F. Seelig requires MYC & Associates to sell by public and
online auction the furniture, fixtures, equipment, vehicles and
related assets the Debtor identified and located at 59-05 52nd
Avenue, Queens, NY 11377.

MYC & Associates will be paid a commission pursuant to Rule 6005-1
of the Local Bankruptcy Rules for the Eastern District of New
York.

MYC & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Victor Moneypenny, principal of MYC & Associates, 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.

MYC & Associates can be reached at:

     Victor Moneypenny
     MYC & ASSOCIATES, INC.
     1110 South Avenue, Suite 22
     Staten Island, NY 10314
     Tel: (347) 273-1258

                      About G.A.F. Seelig

Headquartered in Woodside, New York, G.A.F. Seelig, Inc., is a
family owned company that distributes dairy products (skims,
lo-fats, whole milk), creams, yogurts, juices, water, imported and
domestic cheeses, purees, raviolis and pastas, oils and vinegars,
chocolate and an ever expanding array of food service items.

G.A.F. Seelig, Inc., filed Chapter 11 petitions (Bankr. E.D.N.Y.
Case Nos. 17-46968) on Dec. 30, 2017.  In the petition signed by
Rodney P. Seelig, president, the Debtor estimated assets of $1
million to $10 million and total liabilities of $1 million to $10
million.

The Debtors tapped Michael L Moskowitz, Esq., at Weltman &
Moskwitz, LLP, as bankruptcy counsel.


GAINESVILLE HOSPITAL: Medtronic, 2 Others Step Down from Committee
------------------------------------------------------------------
The Office of the U.S. Trustee on March 9 disclosed in a court
filing that Medtronic, Morrison Management Specialists, Inc. and
Voice Products Service, LLC, are no longer members of the official
committee of unsecured creditors in Gainesville Hospital District's
Chapter 9 case.

The remaining committee members are:

     (1) Roger McMullen
         AmerisourceBergen Drug Corp.
         10910 Lee Vista Blvd., Suite 401
         Orlando, FL 32829
         Phone: (407)-454-6637
         Email: rmcmullen@amerisourcebergen.com

     (2) Justin B. Tilley
         Northstar Anesthesia, P.A.
         6225 N. State Highway 121, Suite 200
         Irving, TX 75038
         Phone: (214)-687-0532
         Fax: (214)-687-0996
         Email: Justin.tilley@northstaranesthesia.com

               About Gainesville Hospital District

Gainesville Hospital District filed a Chapter 9 petition (Bankr. E.
D. Tex. Case No. 17-40101) on January 17, 2017.  The petition was
signed by Ramin Roufeh, chief executive officer.  At the time of
the filing, the Debtor estimated its assets and liabilities at $10
million to $50 million.

The Debtor is represented by:

     William R. Greendyke, Esq.
     Julie Goodrich Harrison, Esq.
     NORTON ROSE FULBRIGHT US LLP
     1301 McKinney Street, Suite 5100
     Houston, Texas 77010-3095
     Tel: 713-651-5151
     Fax: 713-651-5246

          - and -

     Ryan E. Manns, Esq.
     NORTON ROSE FULBRIGHT US LLP
     2200 Ross Avenue, Suite 3600
     Dallas, TX 75201-7932
     Tel: 214-855-8000
     Fax: 214-855-8200

The U.S. trustee for Region 6 on Feb. 1 appointed five creditors of
Gainesville Hospital District to serve on the official committee of
unsecured creditors.  The Committee consists of creditors
AmerisourceBergen Drug Corp.; Medtronic; Morrison Management
Specialists, Inc.; NorthStar Anesthesia, P.A.; and Voice Products
Service, LLC.   At a meeting held February 7, 2017, the Committee
selected as its counsel:

     Andrew H. Sherman, Esq.
     Boris I. Mankovetskiy, Esq.
     Lucas F. Hammonds, Esq.
     Sills Cummis & Gross P.C.
     The Legal Center
     One Riverfront Plaza
     Newark, NJ 07102
     E-mail: asherman@sillscummis.com
             bmankovetskiy@sillscummis.com
             lhammonds@sillscummis.com

          - and -

     Joseph J. Wielebinski, Esq.
     Kevin M. Lippman, Esq.
     Thomas Berghman, Esq.
     Munsch Hardt Kopf & Harr, P.C.
     500 North Akard Street, Suite 3800
     Dallas, TX 75201-6659
     Telephone (214) 855-7500
     Facsimile (214) 978-4375
     E-mail: JWielebinski@munsch.com
             KLippman@munsch.com
             TBerghman@munsch.com

The Debtor's DIP Lender is Universal Health Services, Inc.

Susan Goodman has been appointed Patient Care Ombudsman.  She may
be reached at:

     Susan Goodman
     MESCH CLARK ROTHSCHILD
     259 N. Meyer Avenue
     Tucson, AZ 85701-1090
     Tel: 520-624-8886
     Fax: 520-798-1037


GOLD COAST FREIGHTWAYS: June 16 Chapter 727 Claims Bar Date Set
---------------------------------------------------------------
A Petition was filed on February 16, 2018, commencing an Assignment
for the Benefit of Creditors proceedings, pursuant to Chapter 727,
Florida Statutes, by Assignor, Gold Coast Freightways, Inc., which
is based at 3245 Meridian Parkway, Weston, FL 33331.

Pursuant to Florida Statutes Section 727.105, no proceeding may be
commenced against the Assignee except as provided in Chapter 727
and except in the case of a secured creditor enforcing its rights
and collateral under Chapter 679, there shall be no levy,
execution, attachment, or the like in the respect of any judgment
against assets of the estate, other than real property, in the
possession, custody, or control of the Assignee, Philip J. von
Kahle as Assignee.

To receive any dividend in this proceeding, interested parties must
file on or before June 16, 2018, the a Proof of Claim form with the
Assignee:

     Philip von Kahle
     Michael Moecker & Associates
     1883 Marina Mile Boulevard, Suite 106
     Fort Lauderdale, FL 33315

The Chapter 727 case is, In re: GOLD COAST FREIGHTWAYS, INC., a
Florida Corporation, Assignor, To: PHILIP J. VON KAHLE, Assignee,
CASE NO: CACE18003766, IN THE CIRCUIT COURT OF THE 17TH JUDICIAL
CIRCUIT IN AND FOR BROWARD COUNTY, FLORIDA.


GROUP MIDLAND: Bank Wins Summary Judgment vs. C. Hira
-----------------------------------------------------
District Judge Jane J. Boyle entered an order granting Pacific
Premier Bank's motion for summary judgment in the case captioned
PACIFIC PREMIER BANK, Plaintiff, v. CHETNA HIRA, Defendant, Civil
Action No. 3:17-CV-0312-B (N.D. Tex.).

Pacific moved for summary judgment on its breach-of-guaranty claim.
In its view, the summary-judgment evidence establishes that Hira
executed the Guaranty with Pacific and breached it by failing to
make monthly payments on behalf of Group Midland Hotels, LLC, after
GMH defaulted. Hira argues in her Response that the Court may not
grant Pacific's Motion for Summary Judgment because a genuine
dispute of material fact exists regarding how the balance of the
loan was calculated. Hira correctly points out, and Pacific does
not dispute, that Pacific applied the Property Proceeds to the
principal of the loan, not to the accruing interest. But Hira
contends that the Note requires Pacific to apply GMH's payments to
the interest before the principal. Hira asserts that these two
facts conflict, so the Court may not enter summary judgment in
Pacific's favor. Pacific argues in its Reply that whether the
Property Proceeds were applied to the principal or interest is not
sufficiently material to deny its motion for summary judgment
because it is irrelevant in deciding whether Hira is liable for
breaching the Guaranty. But even if how the Property Proceeds were
applied to the loan was material, Pacific argues the evidence does
not create a dispute because the Note only governs monthly
installments and in no way indicates that lump-sum payments like
the Property Proceeds must first be applied to the interest.

The evidence Pacific has provided indicates that there is no
genuine dispute of material fact and that Pacific is entitled to
judgment as a matter of law. Pacific has demonstrated that it
entered into the Guaranty with Hira, that Hira breached the
Guaranty, which is unconditional, by failing to pay monthly
installments on behalf of GMH upon GMH's default despite several
demands by Pacific, and that Pacific upheld its end of the bargain
by loaning GMH money. And the Court agrees with Pacific that how
the Property Proceeds were applied is not material because whether
the Property Proceeds were applied to the interest or to the
principal does not in any way "affect the outcome of the suit,"
that is, whether Hira breached the Guaranty. But even if it did,
the Note does not require Pacific to apply the Property Proceeds to
the interest before the principal--the portion of the Note Hira
references only regulates monthly installment payments. So even
when viewing the evidence in a light most favorable to Hira, the
premise of Hira's only argument in her Response is incorrect. For
these reasons, the Court grants Pacific's motion for summary
judgment as to Pacific's breach-of-guaranty claim.

A copy of Judge Boyle's Memorandum Opinion and Order dated Feb. 23,
2018 is available at https://is.gd/B9TMr5 from Leagle.com.

Pacific Premier Bank, Plaintiff, represented by Robert P. Latham --
blatham@jw.com -- Jackson Walker LLP & Lindsey Marsh --
lmarsh@jw.com -- Jackson Walker LLP.

Chetna Hira, Defendant, represented by Edward Jason Dennis --
jdennis@lynnllp.com -- Lynn Pinker Cox Hurst LLP & Jared D.
Eisenberg -- jeisenberg@lynnllp.com -- Lynn Pinker Cox & Hurst
LLP.

ADR Provider, Mediator, represented by Ross W. Stoddard, III, Ross
W Stoddard III, Attorney.

                  About Group Midland Hotels

Group Midland Hotels, LLC, operates a hotel formerly known as
Travelodge located in Midland, Texas.  

Group Midland Hotels filed a Chapter 11 petition (Bankr. W.D. Tex.
Case No. 17-70021), on Feb. 6, 2017.  The petition was signed by
Chetna Hira, managing member.  The case is assigned to Judge Tony
M. Davis.  At the time of the filing, the Debtor estimated its
assets and liabilities at $1 million to $10 million.

No trustee, examiner or committee has been appointed in the case.


HARDES PARTNERSHIP: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------
The Office of the U.S. Trustee on March 9 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Hardes Partnership.

Hardes Partnership is represented by:

     Robert L. Meadors, Esq.
     Brende & Meadors LLP
     P.O. Box 1024
     Sioux Falls, SD 57101-1024
     Tel: 605-333-0070
     Fax: 605-333-0121
     Email: rlm@bsmllp.com

                     About Hardes Partnership

Hardes Partnership is a privately-held company in the crop farming
industry located in Miller, South Dakota.  Its gross revenue
amounted to $974,721 in 2017 and $1.88 million in 2016.

Hardes Partnership sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. S.D. Case No. 18-30011) on March 8,
2018.  Wade Hardes, managing partner, signed the petition.  

At the time of the filing, the Debtor disclosed $1.03 million in
assets and $11.33 million in liabilities.  

Judge Charles L. Nail, Jr. presides over the case.


HOAG URGENT: Court Denies Continued Cash Collateral Use
-------------------------------------------------------
The Hon. Theodor C. Albert of the U.S. Bankruptcy Court for the
Central District of California has entered an order denying the
continued use of cash collateral as it relates to the following
debtors: Hoag Urgent Care - Tustin, Inc.; Hoag Urgent Care -
Huntington Harbour, Inc.; Hoag Urgent Care - Orange, Inc.; and Hoag
Urgent Care - Anaheim Hills, Inc.

A full-text copy of the Order is available at

        http://bankrupt.com/misc/cacb17-13077-481.pdf

                 About Hoag Urgent Care-Tustin

Hoag Urgent Care-Tustin, Inc., and its affiliates operate five
urgent care clinics located throughout Southern California.

Hoag Urgent Care-Tustin and its affiliates filed Chapter 11
bankruptcy petitions (Bankr. C.D. Cal. Case No. 17-13077) on Aug.
2, 2017.  In the petitions signed by Dr. Robert C. Amster,
president, the Debtors estimated assets and liabilities of $1
million to $10 million.

Judge Theodor Albert presides over the cases.  

The Debtors hired Baker & Hostetler LLP as legal counsel;
Keen-Summit Capital Partners LLC as investment banker; and
Grobstein Teeple LLP as their accountants.


HORNBLOWER HOLDCO: S&P Assigns 'B' CCR, Outlook Stable
------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to San
Francisco, CA-based cruise vessel operator Hornblower HoldCo LLC.
The outlook is stable.

S&P said, "At the same time, we assigned our 'B+' issue-level
rating to Hornblower's proposed $390 million credit facility,
consisting of a $60 million revolver due 2023 and a $330 million
term loan due 2025. The recovery rating is '2', reflecting our
expectation for substantial (70% to 90%; rounded estimate: 70%)
recovery for lenders in a payment default." Hornblower's direct
subsidiary, Hornblower Sub LLC, will be the borrower under the
credit facility.

Proceeds from the term loan, along with an equity contribution from
private equity firm Crestview Partners and management rollover
equity, will be used to acquire Hornblower, to repay existing debt
at the company, and for transaction fees and expenses.

S&P said, "The 'B' corporate credit rating reflects our forecast
for Hornblower to generate modest levels of free cash flow and
maintain good levels of EBITDA interest coverage through 2020, even
in a scenario where Hornblower is unsuccessful at renewing either
of its Alcatraz or Statue of Liberty concessions, which expire in
May 2019 and September 2019, respectively. We believe that under
either scenario, modest EBITDA growth under Hornblower's remaining
concessions (Niagara Cruises and NYC Ferry) and other business
segments (overnight cruises, cruises and events, and contract
services), combined with expected net cash proceeds from asset
sales, would result in good excess cash balances and revolver
availability. Hornblower expects to receive proceeds from the sale
of its NYC ferry vessels to NYC, as permitted through a put/call
option with the New York City Economic Development Corp. (NYCEDC).
Half of the expected net cash proceeds, after satisfaction of a
reimbursement payment to the prior owners, will be required to pay
down term loan balances, and the other half we believe would be
available as additional liquidity.

"The stable outlook reflects our expectation for Hornblower to
renew at least one of its two concessions (Alcatraz and Statue)
that are coming up for renewal next year, and that Hornblower will
continue to generate modest levels of free cash flow and improve
credit measures through 2020.
  
"We could lower ratings in a scenario where Hornblower was
unsuccessful at renewing both the Alcatraz and Statue concessions,
since in this scenario we believe free cash flow generation would
be minimal and expose the company to potential liquidity pressure
if revenue declined even modestly. In this scenario, we also would
likely have a less favorable view of Hornblower's business position
and would therefore expect the company to maintain an even lower
level of adjusted leverage.

"We could consider higher ratings if Hornblower was successful at
renewing both its Alcatraz and Statue concessions, and we expected
adjusted leverage would be maintained under 5x. Before raising the
rating, we would also want to be confident that adjusted leverage
below 5x was aligned with the financial policy of Hornblower's
financial sponsor owner."


HORNBLOWER SUB: Moody's Assigns B2 Corporate Family Rating
----------------------------------------------------------
Moody's Investors Service assigned first time ratings to Hornblower
Sub, LLC, including a B2 Corporate Family Rating, B2-PD Probability
of Default Rating, and a B2 rating to the company's proposed senior
secured bank facilities. The rating outlook is stable.

"The B2 rating reflects the benefits of the company's exclusive
contracts with its ferry concessions and Moody's expectation that
the company's leverage will be modest at below 5.0x," state Pete
Trombetta, Moody's Lodging and Cruise analyst. "The rating is
constrained by the potential to lose two important concessions as
the contracts expire in 2019," added Trombetta.

The company has entered into an agreement whereby Crestview
Partners will acquire a substantial ownership stake in Hornblower,
with management retaining the balance. The acquisition, along with
fees and expenses and some cash to the balance sheet, will be
funded using a proposed $330 million senior secured term loan and a
combination of new equity from Crestview and management rollover
equity.

Assignments:

Issuer: Hornblower Sub, LLC

-- Probability of Default Rating, Assigned B2-PD

-- Corporate Family Rating, Assigned B2

-- Senior Secured Bank Credit Facilities, Assigned B2 (LGD4)

Outlook Actions:

Issuer: Hornblower Sub, LLC

-- Outlook, Assigned Stable

RATINGS RATIONALE

The assignment of a B2 Corporate Family Rating reflects the
exclusive nature of Hornblower's contracts to operate ferry
concessions at two National Park Service locations (Alcatraz and
Statue of Liberty/Ellis Island) and the Canadian side of the
Niagara Falls for the Canadian Parks Commission. The company is
also the exclusive operator of the NYC Ferry system which serviced
about 2.9 million passengers from May 2017 through December 2017.
Additionally, the rating reflects its modest leverage -- Moody's
expects the company will reduce 5.0x out of the box leverage to
about 4.2x by the end of 2018 (including Moody's standard
adjustments) through absolute debt reduction and earnings
improvement.

The company's ratings are constrained by the fact that two of its
concession agreements, which have been previously extended, are
currently anticipated to expire in 2019 and there is some risk that
the company may not renew these concessions. The Alcatraz and
Statue of Liberty concessions are meaningful contributors to total
EBITDA and losing one or both of these could have a negative impact
to the company's earnings. Partially offsetting this concern is
Moody's expectation that as the incumbent operator, the company has
insight in what it takes to operate these concessions effectively,
and will be competitive in the bidding process. Also, if the
company were to lose one or both of the bids, there are other uses
for the vessels, including selling the vessels to a successor,
using the vessels for other concession operations, winning other
bids on potential new concessions, relocating vessels to other
markets, or other purposes.

Hornblower has good liquidity reflected by Moody's estimates that
the company's internal cash flow and cash balances will be
sufficient to cover its debt service, capex and mandatory debt
amortization needs over the next 12 months. The company is expected
to have a $60 million revolver in place with some borrowings
expected to cover seasonal needs. The revolver is expected to have
a springing coverage covenant which Moody's do not expect to be
tested over the next 12 months.

The B2 rating assigned to the senior secured debt -- the same as
the Corporate Family Rating -- reflects the fact that the entire
capital structure is made up of a single class of debt.

The stable rating outlook reflects Moody's view that over the next
12 to 18 months Hornblower will be able to maintain leverage of
below 5.0x and EBITA/interest coverage of above 2.5x.

The ratings could be downgraded should leverage exceed 5.5x and
EBITA/interest expense remained below 2.0x. Ratings could be
upgraded should the company renew both the Alcatraz and Statue of
Liberty/Ellis Island concessions and maintain debt/EBITDA below 4.5
and EBITA/interest expense above 3.0x.

Through its various subsidiaries Hornblower Holdco is a
concessioner of ferry transportation services to the National Park
Service for Alcatraz Island and the Statue of Liberty / Ellis
Island and the Niagara Parks Commission for the Canadian side of
Niagara Falls, and is the exclusive operator of the NYC Ferry
system. The company also provides cruises & events services in
California and New York, operates overnight cruises on the
Mississippi River and in the Pacific Northwest, as well as provides
maritime operations and management services to public and private
clients. The company, which is headquartered in San Francisco,
California, generates about $500 million of annual gross net
revenues and does not file public financials.


HOUSTON REGIONAL: Comcast Wins Bid for Partial Summary Judgment
---------------------------------------------------------------
In the case captioned ROBERT E OGLE, Plaintiff(s), v. COMCAST
CORPORATION, INC., et al., Defendant(s), Adversary No. 15-3144
(Bankr. S.D. Tex.), Ogle, as Trustee of the Houston Regional Sports
Network Litigation Trust, filed his First Amended Complaint against
Comcast Corporation, Inc., et al, in order to pursue claims for
fraudulent misrepresentation, promissory estoppel, and breach of
contract extending from Comcast's alleged scheme to acquire Houston
Regional Sports Network, L.P.'s assets in bankruptcy.

Comcast moved for partial summary judgment on the Trustee's claims.
Upon analysis of the facts, Bankruptcy Judge Marvin Isgur granted
Comcast's motion.

After the Court granted Comcast's motion in part and denied it in
part, the Court ordered the Trustee to file a supplemental response
to the remaining portion of Comcast's motion and include, as
attachments, matters that could be made into an admissible form at
trial that would permit a reasonable factfinder to conclude that
the Network incurred provable damages as a result of Comcast's
alleged misrepresentations. To meet this burden, the Trustee must
demonstrate that he can establish, by a preponderance of the
evidence, that the Network would have entered into a more favorable
transaction than the one that the Network consummated with
AT&T/DirecTV had it not relied on Comcast's representations that it
would make a stalking horse bid for the Network.

Although he filed the supplemental responses as required, the
Trustee's supplemental responses and evidence fail to carry his
burden under the Court's August 9 order. In particular, the
Trustee's allegations--uncontested at the summary judgment stage by
Comcast--that the Network's market of potential acquirers was
duopolistic undermine his case. Accepting the Trustee's arguments
as true, the only potential buyers of the Network were Comcast and
AT&T/DirecTV. Accordingly, the remainder of Comcast's motion for
partial summary judgment is granted.

A full-text copy of Judge Isgur's Memorandum Opinion dated Feb. 21,
2018 is available at https://is.gd/APjqMQ from Leagle.com.

Robert E Ogle, Plaintiff, represented by Miriam Michelle Carreras,
The Lanier Law Firm, Ryan Daniel Ellis, The Lanier Law Firm PC,
Christopher Lee Gadoury, The Lanier Law Firm PC & W. Mark Lanier,
Attorney at Law.

Comcast Corporation, Inc., Comcast Sports Management Services, LLC,
Comcast Cable Communications, LLC, Houston SportsNet Finance, LLC,
Houston SportsNet Holdings, LLC, National Digital Television
Center, LLC, Comcast SportsNet California, LLC, NBCUniversal Media,
LLC, Jon Litner, John Ruth, Robert Pick & Madison Bond, Defendants,
represented by Vincent P. Slusher  -- vince.slusher@dbr.com --
Drinker Biddle & Reath LLP.

                  About Houston Regional

Houston Regional Sports Network is a joint enterprise among
affiliates of the Houston Astros baseball team, the Houston Rockets
basketball team, and Houston SportsNet Holdings, LLC -- "Comcast
Owner" -- an affiliate of Comcast Corporation.  The Network has
three limited partners -- Comcast Owner, Rockets Partner, L.P., and
Astros HRSN LP Holdings LLC.  The primary purpose of Houston
Regional Sports Network is to create and operate a regional sports
programming service that produces, exhibits, and distributes sports
programming on a full-time basis, including live Astros and Rockets
games within the league-permitted local territories.

An involuntary Chapter 11 bankruptcy petition was filed against
Houston Regional Sports Network, L.P. d/b/a Comcast SportsNet
Houston (Bankr. S.D. Tex. Case No. 13-35998) on Sept. 27, 2013.

The involuntary filing was launched by three units of Comcast/NBC
Universal and a television-related company.  The petitioners are:
Houston SportsNet Finance LLC, Comcast Sports Management Services
LLC, National Digital Television Center LLC, and Comcast SportsNet
California, LLC.

The petitioning creditors asked the Bankruptcy Judge to appoint an
independent Chapter 11 trustee "to conduct a fair and open auction
process for the Network's business assets on a going concern
basis."

Counsel for the petitioning creditors are Howard M. Shapiro, Esq.,
at Wilmer Cutler Pickering Hale and Dorr LLP; George W. Shuster,
Jr., Esq., at Wilmer Cutler Pickering Hale and Dorr LLP; Vincent P.
Slusher, Esq., at DLA Piper; and Arthur J. Burke, Esq., at Davis
Polk & Wardwell LLP.

Judge Marvin Isgur presides over the case.

The Network was officially placed into Chapter 11 bankruptcy
pursuant to a Feb. 7 Order for Relief.  It won approval to hire
Haynes and Boone, Charles A. Beckham, Jr., Esq., Henry Flores,
Esq., Abigail Ottmers, Esq., and Christopher L. Castillo, Esq., as
counsel.  It also hired Conway MacKenzie, Inc., as financial
advisor.

Harry Perrin, Esq., represented Astros owner Jim Crane.  Alan
Gover, Esq., represents the Rockets.

The Astros were represented by Richard B. Drubel, Esq., Colleen A.
Harrison, Esq., and Jonathan R. Voegele, Esq., at Boies, Schiller &
Flexner LLP, in Hanover, NH; and Scott E. Gant, Esq., at Boies,
Schiller & Flexner in Washington, DC.  Comcast Corporation and
NBCUniversal Media, LLC, are represented by Vincent P. Slusher,
Esq., Eli Burriss, Esq., Andrew Mayo, Esq., and Andrew Zollinger,
Esq., at DLA Piper; Arthur J. Burke, Esq., Timothy Graulich, Esq.,
and Dana M. Seshens, Esq., at Davis Polk & Wardwell LLP; and Howard
M. Shapiro, Esq., and Craig Goldblatt, Esq., at Wilmer Cutler
Pickering Hale and Dorr LLP.  Attorney for McLane Champions, LLC
and R. Drayton McLane, Jr., are Wayne Fisher, Esq., at Fisher Boyd
& Huguenard, LLP.

On Oct. 30, 2014, Bankruptcy Judge Marvin Isgur approved the
restructuring plan that hands control of Comcast SportsNet Houston
to DirecTV and AT&T Inc.  The plan would shut down the network and
then relaunch it under the name Root Sports Houston.


HUBBARD RADIO: Moody's Rates Proposed $302MM Term Loans B1
----------------------------------------------------------
Moody's Investors Service assigned B1 rating to Hubbard Radio, LLC
proposed $252 million extended term loan B, $40 million add-on
first lien term loan and $10 million revolving credit facility. The
amended term loan and the add-on term loan will mature co-terminus
in 2025, and revolving credit facility will mature in 2023. The
company is raising incremental $40 million in proceeds to finance
its acquisition of KSHE-FM and KPNT-FM radio stations from Emmis
Communications for $45 million. The incremental add-on term loan
will be pari passu with the existing and amended term loan. The
company's Corporate Family Rating (CFR) remains unchanged at B1,
and its Probability of Default rating remains unchanged at B2-PD.
Speculative Grade Liquidity rating is also unchanged at SGL -- 2.
The outlook remains stable.

Assigned:

Issuer: Hubbard Radio, LLC

-- $252 million 1st Lien Senior Secured Term Loan due 2025:
    Assigned B1, LGD3

-- $40 million Add-On 1st Lien Senior Secured Term Loan due 2025:

    Assigned B1, LGD3

-- $10 million 1st Lien Senior Secured Revolving Credit Facility
    due 2023: Assigned B1, LGD3

Unchanged

-- Corporate Family Rating: B1

-- Probability-of-Default Rating: B2-PD

-- Speculative Grade Liquidity Rating: SGL - 2

Outlook : Stable

Unchanged (to be withdrawn upon repayment):

-- $252 million outstanding 1st Lien Senior Secured Term Loan due

    2022: B1, LGD3 (to be withdrawn upon repayment)

-- $10 million Senior Secured Revolving Credit Facility due 2020:

    B1, LGD3 (to be withdrawn upon repayment)

RATINGS RATIONALE

On February 22, Hubbard Radio entered into an agreement with Emmis
Communications to purchase two radio stations in the St. Louis
market from Emmis for $45 million, increasing Hubbard's cluster to
a total of five FM stations in this market. The company is expected
to acquire KSHE (94.7) and KPNT (105.7), both of which play rock
music and are in the top-3 ranking in the Adults 25-54 demographic.
The purchase is subject to FCC approval. Moody's expect Hubbard to
benefit from incremental revenues and scale for its portfolio in
St. Louis, providing for operational synergies within the St. Louis
market. Pro-forma for the acquisition, Hubbard Radio will own 4 out
of the top 5 Adults 25-54 stations and top 5 ranked Men 25-54
stations in St. Louis. The acquisition further broadens Hubbard's
reach and partially alleviates its dependence on the Washington, DC
and Chicago markets, which contribute over 40% of total revenues.

Hubbard is well positioned in its B1 corporate family rating,
having grown its revenues by 4% in 2017 and increased its EBITDA by
approximately 6%. The company generated revenue growth in
Washington, DC, Seattle, and St. Louis. Ratings remain supported by
the lead rankings of most of the company's stations offset by the
mature and cyclical nature of radio advertising demand, as well as
revenue concentration in two markets. Over the course of 2017,
Hubbard repaid approximately $40 million in debt, while retaining
good cost controls. Although planned acquisitions of two stations
from Emmis results in incrementally higher leverage of 4.2x, there
will be additional EBITDA contribution and opportunities for
greater fixed cost leverage. Moody's expect management to remain
committed to de-levering further, with expected leverage declining
towards mid-3x by the end of FY 2018. Since the initial funding in
2011, the company consistently reduced debt balances resulting in
improved leverage compared to its initial 5.6x in 2011. The
company's lead rankings support good EBITDA margins over 30%
(including Moody's standard adjustments). Looking forward, Moody's
expect Hubbard's consolidated revenue will be generally flat
allowing the company to reduce leverage through good free cash flow
(approximately $35-$40 million), which will be partially impacted
through higher capital expenditures due to expected 2018
relocations.

Lack of scale and significant revenue concentration constrain
ratings. Moody's could consider a rating upgrade if operating
performance continues to stabilize and the company continues to
apply free cash flow to reduce debt balances resulting in
debt-to-EBITDA being sustained comfortably below 3.25x with free
cash flow-to-debt expected to remain above 15%. Liquidity would
also need to remain good. Ratings could be downgraded if the
company is unable to maintain core revenue due to weak advertising
demand in one or more of Hubbard's key markets or due to increased
competition resulting in the loss of lead rankings or EBITDA margin
erosion. A downgrade could also be considered if debt financed
acquisitions, dividends or weak performance were to result in
debt-to-EBITDA being sustained above 5.0x or if liquidity
deteriorates.

The principal methodology used in these ratings was Media Industry
published in June 2017.

Formed in 2011, Hubbard Radio, LLC is a family controlled and
privately held media company that owns and operates radio stations
in seven of top 30 markets, including Chicago, Washington, D.C.,
Minneapolis/St. Paul, St. Louis, Cincinnati, Seattle, and Phoenix.
Hubbard also operates 2060 Digital, LLC, a national digital
marketing agency based in Cincinnati, OH. Headquartered in St.
Paul, MN, the company is affiliated with Hubbard Broadcasting Inc.,
a television and radio broadcasting company that was started in
1923. Net revenues for the 12 months ending September 2017 for
Hubbard on a standalone basis were approximately $216 million.


ICPW LIQUIDATION: Hires Skadden Arps as Special Counsel
-------------------------------------------------------
ICPW Liquidation Corporation, and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the Central District
of California to employ Skadden Arps Slate Meagher & Flom LLP, as
special counsel to the Debtors.

ICPW Liquidation requires Skadden Arps to:

   a. review the June 16, 2017 Report of Investigation by RGP and
      certain underlying documents relevant to that
      investigation;

   b. provide legal advice in connection with whether the Debtor
      should issue a restatement, take employment or other
      disciplinary action against certain members of senior
      management, and disclose the issues under investigation
      to the SEC or other applicable regulatory or government
      agencies;

   c. respond to an inquiry or investigation by the SEC or any
      other regulatory or government agencies and communicating
      with the Debtors' external auditors; and

   d. provide information or advice to the directors, officers or
      employees in their corporate capacities in conjunction with
      the above

Skadden Arps will be paid at these hourly rates:

     Partners/Of Counsels                $975-$1,495
     Counsels/Special Counsels           $970-$1,150
     Associates                          $415-$965
     Legal Assistants                    $220-$385

Skadden Arps was a general unsecured creditor of the Debtors'
estates.  Skadden Arps filed a proof of claim against ICPW
California in the amount of $342,142. Pursuant to the Joint Notice,
Skadden Arps's allowed general unsecured claim has been paid in
full.  Therefore, Skadden Arps is no longer a general unsecured
creditor of the Debtors' estates.

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

Van C. Durrer II, a partner at Skadden Arps Slate Meagher & Flom,
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.

Skadden Arps can be reached at:

     Van C. Durrer II, Esq.
     SKADDEN ARPS SLATE MEAGHER & FLOM LLP
     300 S Grand Ave, Suite 3400
     Los Angeles, CA 90071
     Tel: (213) 687-5000

              About ICPW Liquidation Corporation

Ironclad Performance Wear Corporation designs and manufactures
branded performance work wear for a variety of construction,
do-it-yourself, industrial, sporting goods and general services
markets.  Since inception, the company has leveraged its
proprietary technologies to design task-specific technical gloves
and performance apparel designed to improve the wearer's ability to
perform specific job functions.

Ironclad's gloves are available through industrial suppliers,
hardware stores, home centers, lumber yards, and sporting goods
retailers nationwide; and through authorized distributors in North
America, Europe, Australia, Middle East, Asia and South America.

Ironclad Performance Wear Corp, a California corporation and
Ironclad Performance Wear Corp, a Nevada corporation sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Cal. Case Nos. 17-12408 and 17-12409) on Sept. 8, 2017.  The cases
are jointly administered and are assigned to Judge Martin R.
Barash.

In the petitions signed by CEO Geoffrey L. Greulich, Ironclad
California estimated assets of $10 million to $50 million and
liabilities of $1 million to $10 million.  In its schedules,
Ironclad Nevada disclosed $16.6 million in assets and $8.05 million
in debt.

Levene, Neale, Bender, Yoo & Brill L.L.P serves as counsel to the
Debtors. Skadden Arps Slate Meagher & Flom LLP, is special counsel.
Craig-Hallum Capital Group LLC is the Debtor's financial advisor.

On Sept. 22, 2017, the U.S. Trustee appointed an official committee
of unsecured creditors in the Debtors' cases.  The Committee
retained Brown Rudnick LLP as its legal counsel; and Province Inc.
as financial advisor.

An Official Committee of Equity Security Holders also has been
established in the case.  The equity panel retained Dentons US LLP
as counsel.

On Nov. 14, 2017, the Debtors entered into an Asset Purchase
Agreement with Brighton-Best International, Inc. (BBI) pursuant to
which BBI purchased from the Debtors substantially all of their
assets for (1) an aggregate amount of $25,250,000 and (2) the
assumption of certain of the Debtors' liabilities.

Pursuant to the sale, the Debtors were required to file all
necessary documents to amend their name to not include "Ironclad"
or any derivative thereof or other similar name. The Debtors may
however may identify themselves using the words "formerly known as
Ironclad Performance Wear Corporation" or "FKA Ironclad Performance
Wear Corporation" solely in the body of Bankruptcy Court pleadings
and in a footnote on the caption page of Bankruptcy Court
pleadings. The Debtors complied.  Accordingly, on November 17,
2017, the Financial Industry Regulatory Authority (FINRA) notified
that the name change of Ironclad Performance to ICPW Liquidation
Corporation will be effective in the market as of Nov. 20, 2017.


IHEARTCOMMUNICATIONS INC: Fitch Lowers Long-Term IDR to RD
----------------------------------------------------------
Fitch Ratings has downgraded iHeartCommunications, Inc.'s (iHeart)
Long-Term Issuer Default Rating (LT IDR) to 'RD' from 'C' and
affirmed the company's issue ratings. Fitch has also affirmed the
'B-' IDRs for Clear Channel Worldwide Holdings (CCWW) and Clear
Channel International B.V. (CCIBV). The Rating Outlook on the
outdoor subsidiaries is Stable.

The downgrade of iHeart's IDR to 'RD' reflects the extension of the
initial forbearance agreement that expired on March 7, 2018. The
initial forbearance followed the March 3, 2018 expiration of the
30-day grace period that resulted from a missed interest payment,
due Feb 1, 2018, on the 14% senior unsecured notes due 2021.

While the company entered into a forbearance agreement with certain
lenders to prevent the acceleration of iHeart's senior debt, the
company failed to reach a resolution in negotiations by March 7 and
has thus extended the forbearance agreement until the earliest of
March 12 (at 11:59pm CT) and an Event of Default under the credit
agreement other than the missed interest payment. Under the
forbearance agreement, iHeart agreed not to make payments on the
more junior iHeart debt, including the 14% senior notes due 2021
and the legacy notes. Fitch believes that the only resolution of
the company's capital structure is through a near-term
restructuring event or a potential bankruptcy filing.

The company continues to negotiate with its lenders and filed a
restructuring term sheet concurrent with the initial forbearance
agreement. The term sheet included plans for a separation or
spin-off of Clear Channel Outdoor Holdings (CCOH), CCWW's indirect
parent, with the senior secured term loan and priority guarantee
note lenders (PGN) receiving all of iHeart's current 89.5% economic
interest in the outdoor subsidiary. Additionally, a restructured
iHeart capital structure would consist of a new ABL facility and
$5.75 billion in new secured debt. The existing term loan and PGN
lenders would receive a pro rata interest in $5.55 billion in new
secured debt, a cash amount equal to balance sheet cash after
giving effect to the restructuring, and a 93.25% equity interest in
a recapitalized iHeart (warrants and shares of common stock). The
junior debt holders (14% notes due 2021 and legacy notes) would
receive $200 million in new secured debt and 5% equity interest in
a recapitalized iHeart. The existing equity owners would receive a
1.75% equity interest in a recapitalized iHeart.

The company's restructuring term sheet continues to differ largely
from the cooperation group lenders' plan (dated as of Feb. 8, 2018)
in regard to the amount of equity that the existing equity owners
receive in the recapitalized structure. The lenders' group plan has
detailed that secured term loan and PGN holders would receive a
94.75% interest in a recapitalized iHeart, junior lenders would
receive the remaining 5.25% equity interest and the existing equity
owners would not receive any equity in the recapitalized iHeart.
The lenders' plan also gives the senior secured term loan and PGN
holders all of iHeart's 89.5% economic interest in the outdoor
subsidiary.

KEY RATING DRIVERS

Missed Interest Payment, Extended Forbearance Agreement: On Feb. 1,
iHeart decided not to pay the $106 million in cash interest that
was owed to holders of its 14% senior notes due 2021. The decision
was strategic in nature as the company had been negotiating with
its various lending groups to reach an out-of-court restructuring.
iHeart had a 30-day grace period to make the interest payment that
was to have expired on March 3. Prior to the grace period's
expiration, the company entered into a forbearance agreement with
certain lenders to prevent the acceleration of iHeart's senior
debt. The forbearance agreement was further extended until the
earliest of March 12 (at 11:59pm CT) and an Event of Default under
the credit agreement other than the missed interest payment. Under
the forbearance agreement, iHeart agreed not to make payments on
the more junior iHeart debt, including the 14% senior notes due
2021 and the legacy notes. Fitch believes that the only resolution
of the company's capital structure is through a near-term
restructuring event or a potential bankruptcy filing. The
outstanding balance on the intercompany note with CCOH was $1.051
billion as of Sept. 30, 2017, and CCOH would become a senior
unsecured credit of iHeart if the company were to file for
bankruptcy.

Global Restructuring Efforts Continues: On March 15 2017, iHeart
commenced a global restructuring targeting approximately $14.6
billion in debt including substantially all of iHeart's outstanding
debt. To date there has been minimal progress with lenders (just
0.4% of notes have been tendered). iHeart extended the exchange
offers for the 21st time (until March 16) in efforts to continue
discussions with lenders.

Highly Levered: iHeart's gross leverage was 12.9x for the LTM
period ended Sept. 30 2017 and has been modestly increasing due to
weaker than expected operating performance and debt issuance.
iHeart issued a $150 million add-on to the 8.75% senior notes at
international subsidiary, CCIBV to bolster liquidity. Year-to-date
adjusted OIBDAN was lower than Fitch's expectations, owing to
higher radio programming expenses (talent renewals) and investment
in sales as well as higher outdoor site lease expenses offset
somewhat by the company's cost reduction efforts. iHeart's FCF
deficits expanded to $688 million for the LTM period, as compared
to $418 million in FY 2016, driven by reduced operating cash flow
and unfavorable working capital swings.

Tight Liquidity: Cash balances were low at just $64 million as of
Sept. 30, 2017, excluding the $222 million in cash at subsidiary
Clear Channel Outdoor Holdings, Inc. (CCOH), of which $206 million
is held internationally. A positive, iHeart refinanced and extended
its ABL facility until 2020. The facility includes a $250 million
revolving component which will fluctuate based on the borrowing
base. $65 million was outstanding under the ABL revolver as of the
refinancing announcement.

Outdoor Ratings: CCWW's IDR considers its stand-alone credit
profile and its legal and operational relationship with iHeart.
CCWW is an indirect wholly owned subsidiary of CCOH, an 89.5%
indirectly owned subsidiary of iHeart that holds all its outdoor
assets. Although there is material protection for CCWW, iHeart is
expected to continue to extract cash from the entity.

Cash Leakage Pressures Outdoor Subsidiaries' Credit Profile: Fitch
believes that the credit profile of the outdoor subsidiary has
weakened owing to continued cash leakage to parent, iHeart. Through
a combination of asset sales, debt issuance and weaker operating
performance, Clear Channel Outdoor's gross leverage has increased
to 9.0x for the LTM period, up from 7.8x at year-end 2016.

DERIVATION SUMMARY

iHeart's 'RD' IDR reflects the extension of the initial forbearance
agreement that expired on March 7, 2018. The initial forbearance
followed the March 3, 2018 expiration of the 30-day grace period
that resulted from a missed interest payment, due Feb 1, 2018, on
the 14% senior unsecured notes due 2021. iHeart is the largest
terrestrial radio broadcasters, with a significant presence in
larger markets, which affords the company the ability to garner
EBITDA margins toward the high-end of the peer group. However,
iHeart is unable to support its capital structure, including high
cash interest costs that absorb all of the company's EBITDA
margins.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Fitch Rating Case for the Issuer

-- Radio revenue growth relatively flat reflecting secular
    challenges in the radio segment and offset somewhat by the
    return of political revenues in even years.
-- Fitch estimates declines in Outdoor revenue in 2017 reflect
    impact of non-core asset divestitures and that consolidated
    Outdoor revenues return to flat to low single-digit growth in
    2018.
-- EBITDA margins compresses in 2017 and remain at this level due

    to higher costs.
-- Fitch estimates capex at the mid-point of management guidance
    of between $275-300 million for 2017. Capex approximating 5%
    of revenues thereafter.
-- iHeart fails to pay $106 million cash interest payment within
    the 30-day grace period. The company is in default under the
    indenture for the 14% senior notes due 2021. The company
    enters a Chapter 11 bankruptcy.

iHeartCommunications, Inc.: The Recovery Rating reflects Fitch's
expectation that the enterprise value of the company and hence
recovery rate for its creditors will be maximized in a
restructuring scenario (as a going concern) rather than
liquidation. Fitch estimates an adjusted distressed enterprise
valuation of $6.9 billion using a 6.0x multiple and $1.1 billion in
going-concern EBITDA, which is on par with stand-alone Radio LTM
EBITDA given Fitch expectations that iHeart is closer to a
restructuring event.

-- 6.0x Multiple is slightly below recent trading and transaction

    multiples. Fitch believes it incorporates the level of
    deterioration in the operating profile of the radio business
    under a distressed scenario.
-- Most recently, the public radio broadcasting peer set is
    trading at an EV/EBITDA multiple of 7.0x on average. Entercom
    Communications Corp. (Entercom) announced its acquisition of
    CBS Radio Inc. in February 2017. The merger transaction was
    valued at $2.86 billion or 7.2x projected 2017 cash flow per
    SNL Kagan. This marks a significant deterioration from
    historical transaction multiples.
-- Assumes CCOH is sold for $5.5 billion at a 9.5x EBITDA
    multiple and once CCOH debt is paid off, 89.5% of the
    remaining value goes to iHeart. By Fitch's estimates, residual

    value to iHeartCommunications' debt holders is roughly $450
    million.
-- Assumes the $1.051 billion CCOH intercompany loan is an
    unsecured obligation.
-- Recovery assumes proceeds are distributed pro rata among banks

    and senior note holders.
-- Assumes fully drawn ABL Facility.
-- The recovery analysis implies a 'C' issue rating and on the
    senior secured credit facilities and secured priority
    guarantee notes and a Recovery Rating of 'RR4'. The recovery
    implies a 'C' issue rating for the unsecured PIK notes and the

    iHeart legacy (pre-LBO) notes and a Recovery Rating of 'RR6'.

Clear Channel Worlwide Holdings, Inc.: Fitch estimates an adjusted
distressed enterprise valuation of $3.5 billion using a 7.0x
multiple and $410 million in going-concern EBITDA. The
going-concern EBITDA reflects the impact on revenues of a softening
in the advertising market, which negatively impacts outdoor
advertising revenues. Additionally, given the high fixed costs,
EBITDA declines by a greater degree than revenues.

-- The 7.0x multiple incorporates the Clear Channel Outdoor's
    leading position in North America. Fitch estimates that iHeart

    sold domestic non-core outdoor assets for a multiple of
    roughly 12.5x in 2016. Additionally, current public trading
    multiples are in the 11x-13x range.
-- Assumes fully drawn subsidiary revolving credit facility of
    $75 million.
-- The recovery implies a 'B+' issue rating on the senior
    unsecured notes, +2 from the 'B-' IDR and an 'RR2'. The
    recovery model implies a 'CCC+' issue rating and 'RR5' for the

    senior subordinated notes.

Clear Channel International B.V.: Fitch estimates an adjusted
distressed enterprise valuation of $602 million using a 6.0x
multiple and $101 million in going-concern EBIDA. The going-concern
EBITDA reflects the impact on revenues of a softening in the
advertising market, which negatively impacts outdoor advertising
revenues. Additionally, given the high fixed costs, EBITDA declines
by a greater degree than revenues. The 6.0x multiple reflects the
overall smaller scale of Clear Channel's international operations.
The recovery model implies a 'B+' issue rating for the senior
unsecured notes, +2 from the 'B-' LT IDR, and an 'RR2' category.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action
-- Fitch does not expect any near-term improvement in the rating.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action
-- A negative rating action to 'D' would be taken if iHeart
    lenders declare an event of default related to the company's
    missed interest payment, accelerating the iHeartCommunications

    debt, which will result in a bankruptcy filing.

LIQUIDITY

Liquidity was tight at 3Q'17 2017 with just $64 million in
stand-alone iHeart balance sheet cash. iHeart had $286.4 million in
balance sheet cash less $222.4 million held by subsidiary CCOH.
Additionally, the company refinanced and extended its ABL facility
in November. The facility includes a $300 million term loan
component and a $250 million revolving component that will
fluctuate based on the borrowing base. $365 million was outstanding
at the time of the refinancing, including $65 million under the ABL
revolver.

iHeart's FCF deficits increased over the course of 2017 ($688
million for the LTM period ending September 2017 up from $418
million in full-year 2016), driven by higher operating expenses,
weaker results in the radio unit, and unfavorable working capital
swings owing mostly to slower accounts receivable collections.

Fitch estimates $1.8 billion in cash interest payments over the
next 12 months. iHeart also has near-term debt maturities including
$175 million of 6.875% senior notes due on June 15, 2018 and $25
million in contractual catch-up payments on the iHeart 14% senior
notes due 2021. The company's big hurdle remains the $8.3 billion
maturity wall in 2019.

FULL LIST OF RATING ACTIONS

Fitch has downgraded the following rating:

iHeartCommunications, Inc. (iHeart):
-- Long-Term IDR to 'RD' from 'C'.

Fitch has affirmed the following ratings:

iHeartCommunications, Inc. (iHeart):
-- Senior secured term loans at 'C'/'RR4';
-- Senior secured priority guarantee notes at 'C'/'RR4';
-- Senior unsecured guarantee notes due 2021 at 'C'/'RR6';
-- Senior unsecured legacy notes at 'C'/'RR6'.

Clear Channel Worldwide Holdings, Inc. (CCWW):
-- Long-term IDR at 'B-';
-- Senior unsecured notes at 'B+'/'RR2';
-- Senior subordinated notes at 'CCC+'/'RR5'.

Clear Channel International B.V. (CCIBV):
-- Long-term IDR at 'B-';
-- Senior unsecured notes at 'B+'/'RR2'


IHEARTMEDIA INC: Talks with Lenders & Bondholders Continue
----------------------------------------------------------
iHeartMedia, Inc., disclosed in a regulatory filing with the
Securities and Exchange Commission that the Company and its
indirect subsidiary iHeartCommunications, Inc., remains in
discussions with stakeholders with respect to the restructuring of
the Company's capital structure.

The Company is expected to commence bankruptcy proceedings any day
from now once the talks are concluded.  In the revised proposal,
the Company said it intends to file bankruptcy petitions in the
United States Bankruptcy Court for the Southern District of Texas.


In connection with those discussions, iHeartMedia and
iHeartCommunications have been working on a proposed draft
restructuring support agreement and related proposed draft
restructuring term sheet with advisors to groups of
iHeartCommunications' noteholders, lenders and equity holders.

On Monday, iHeartMedia filed with the SEC revised versions of the
draft restructuring support agreement and related draft
restructuring term sheet reflecting further negotiations with the
advisors have been shared by the advisors with the groups they
represent.

No agreement has been reached, and discussions remain ongoing.

iHeartMedia said it will continue to work with its principal
creditor and equity 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 said.

A copy of iHeartMedia's Proposed Draft Restructuring Support
Agreement, dated March 11, 2018, is available at
https://is.gd/pzmrYJ

A copy of iHeartMedia's Proposed Draft Restructuring Term Sheet,
dated March 11, 2018, is available at https://is.gd/9yTgUD

iHeartMedia is represented in these negotiations 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.


IO AT TECH: Sets Procedures for Austin Property
-----------------------------------------------
10 at Tech Ridge LP asks the U.S. Bankruptcy Court for the Western
District of Texas to authorize the bidding procedures in connection
with the sale of approximately 28 acres of real estate in North
Austin with the street address of 12600 McCallen Pass, Austin,
Texas, and related assets at auction.

The Debtor was formed to own and build a 26 building, 351 unit
apartment complex ("Project").  In connection with such activities,
the Debtor acquired the Real Estate.  The development of the
Project was to be, and was, partially funded through a HUD endorsed
loan acquired from Berkadia Commercial Mortgage, LLC in the
original principal amount of $33,399,400.  The Berkadia Loan was
secured by, among other things, by the Real Estate and related
assets.

On Aug. 21, 2014, the Debtor and ICI Construction, Inc. entered a
Construction Contract for the purpose of constructing the Project,
and construction of the Project was commenced.  The Debtor asserted
that ICI failed to perform its obligations under the Construction
Contract, and Debtor terminated the Construction Contract on July
15, 2016.  At the time of the termination of the Construction
Contract, the Debtor believes that the Project was approximately
53% complete and several months beyond the date when construction
was to have been completed.

On July 22, 2016, the Debtor filed an action in Travis County
District Court against ICI, and later amended its claims to include
an action against Hartford Fire Insurance Co., who had issued a
performance bond in favor of the Debtor.  ICI filed counterclaims
against the Debtor for allegedly wrongfully terminating the
Construction Contract, and filed a lien claim against the Real
Estate for amounts that they asserted were due to them under the
Construction Contract and were unpaid.

After the termination of the Construction Contract, all
construction activities terminated, and although the Debtor
attempted to find a replacement contractor to complete the Project,
the Project has been in a state of partial construction for over a
year as the litigation proceeded.  The Debtor secured the Project
by fencing it and providing security to protect the construction
materials that were left on site at the time of the termination of
the Construction Contract.

Over the several month periods following the termination of the
Construction Contract, the Debtor continued to make payments to
Berkadia and to pay taxes and costs for protecting the Project.  In
addition, it attempted to negotiate with Berkadia and HUD (whose
approval was required in order insure support of the Berkadia Loan)
to resolve the Berkadia Loan and to proceed with the litigation
over the Project.

In the summer of 2017, HUD insisted that the Debtor commence making
payments of principal, in addition to interest on the Berkadia
Loan.  The Debtor was unwilling and unable to fund these additional
capital requirements under the circumstances, but Berkadia did not
take any action to foreclose or otherwise deal with the dangerous
situation at the Property.  Given the limbo that existed with
respect to the construction and the disposition of the Project, the
Debtor elected to file for Chapter 7 bankruptcy and dispose of the
Project in that manner.

The Chapter 7 trustee, after reviewing the situation and with
continued inactivity by Berkadia and HUD to foreclose on the
Project, moved to abandon the Property.  The Debtor elected to
convert the bankruptcy case to a Chapter 11 proceeding in order to
proceed with the disposition of the Project.  

Since the conversion of the case to a proceeding under Chapter 11,
the Debtor has been attempting to negotiate with Berkadia towards a
disposition of the Project.  To date, no agreement has been
reached, Berkadia has not moved for relief from the automatic stay
nor sought to take control or foreclose on the Project, and has not
consented, despite requests, to a sale process that will result in
the disposition of the Project.  The Counsel believes that there is
significant interest in the Property due to its location, and the
Debtor believes and asserts that it can sell the Project in the
short term for an amount which will substantially reduce or
eliminate the debt to Berkadia and to HUD.

By the Motion, the Debtor asks to sell the Real Estate and all
improvements and construction materials that are located on the
Real Estate.  The Debtor is not able to provide an estimate of the
gross proceeds anticipated from the sale at this time.  Each of the
Letters of Intent received by the Debtor prior to the Motion
proposes a purchase price which is lower than the debt owed to
Berkadia which the Debtor calculated on the initial filing date to
be $15,101,359.  However, it believes that in a competitive sales
process, the actual purchase price will likely exceed the amounts
contained in the two Letters of Intent.

The Debtor asks the net sales proceeds will be remitted to Berkadia
at closing.  However, to the extent that Berkadia does not
voluntarily agree to eliminate or limit its credit bid rights under
11 U.S.C. Section 363(k), it asks that a portion of the sales
proceeds be withheld so that it may attempt to surcharge the
proceeds with the costs of sale and fees related to the bankruptcy
proceeding.

Berkadia claims to hold secured debt of approximately $15,101,359;
outstanding ad valorem taxes for 2017 are approximately $167,212.
Additionally, ICI asserts a disputed Mechanics and Materialman's
lien in the amount of $5,673,394.  At least one subcontractor,
Power Design, while asserting a claim against the payment bond
obtained by ICI for the benefit of subcontractors has asserted a
contingent Mechanics and Materialman's lien against the Real Estate
in the amount of approximately $1,000,000.  Such lien and claim is
also disputed by the Debtor.  Unsecured claims at the time of
filing were approximately $63,411, excluding the under-secured
claims of the parties asserting liens, both disputed and
undisputed.  These amounts are preliminary, unaudited, and
represent the Debtor's best estimates at the time of the filing.

Given the on-going costs of preserving and protecting the Project,
which is currently being funded by the general partner of the
Debtor without significant hope of recovery of such costs, the
Debtor asks that the Court approves the process outlined:

     a. The Debtor proposes that a sale of the Property be an all
cash sale, on an "as is" basis, with the successful bidder to
assume all closing costs, including any title policy, and that the
closing occur within 30 days or less of the date when such
Purchaser is approved by the Court.  It proposes that the proceeds
of sale (except as provided above in the event that a surcharge is
requested against Berkadia) be disbursed at the time of closing for
the payment of taxes, and against the liens asserted in the order
of priority, but with all monies that might be payable to parties
asserting disputed liens (if any) to be retained or escrowed
pending resolution of the lien disputes or claims.

     b. The Debtor will prepare a form of Asset Purchase Agreement,
which will be filed in this case and provided to all prospective
bidders in connection with a marketing process for the Property.

     c. Bid Deadline: April 30, 2018 by 5:00 p.m. (CT) with a good
faith deposit in an amount equal to 10% of the purchase price
offered

     d. The Debtor will also entertain entering into Stalking Horse
Agreement with a Stalking Horse Purchaser.  Any and all Potential
Bidders interested in becoming a Stalking Horse Purchaser must
submit a Qualified Bid by April 6, 2018 by 5:00 p.m. (CT).  The
Debtor proposes to designate any Stalking Horse Purchasers on April
18, 2018.

     e. Stalking Horse Hearing: April 23, 2018

     f. The Debtor asks that the Court sets a deadline for the
filing of any objections to the approval of any Stalking Horse
Purchaser, Stalking Horse Agreement, and Bid Protections no later
than April 20, 2018 at 5:00 p.m. (CT).

     g. Auction: May 2, 2018 at the office of the Debtor's Counsel
with No Floor Bid

     h. Sale Hearing: May 8, 2018 at 10:00 a.m. (CT)

     i. Notice of Assumption and Assignment: May 11,2018

     j. Deadline to File Auction Results: May 9, 2018

     k. Sale Objection Deadline: Two business days prior to Sale
Hearing

     l. Entry of Sale Order: May (TBD), 2018

     m. Consummation of Sale: June 1, 2018

The Bidding Process affords the Debtor a sufficient opportunity to
pursue a sale process that will maximize the value of the Property
for the benefit of their estate under the circumstances.

To facilitate the Sale Transaction, the Debtor proposes these
procedures for notifying counterparties to executory contracts and
unexpired leases of potential cure amounts in the event the Debtor
decides to assume and assign such contracts or leases:

     a. Notice of Assumption and Assignment: Three business days
after the Auction, the Debtor will file with the Court and serve on
all counterparties a notice of assumption, assignment and sale.

     b. Objections, if any, must be filed no later than May 18,
2018.

     c. If a counterparty to a 365 Contract files a timely
objection, and the parties are unable to consensually resolve the
dispute prior to the hearing to resolve any such objection, the
amount to be paid or reserved with respect to such objection will
be determined at the Assumption/Assignment Hearing on May 31,
2018.

A copy of the APA and the Bidding Procedures attached to the Motion
is available for free at:

    http://bankrupt.com/misc/IO_at_Tech_75_Sales.pdf

The Debtor asks that the Court authorizes the Sale of the Property
free and clear of any and all liens, claims, charges, encumbrances
and interests.

To preserve the value of the Debtor's estate and limit the costs of
administering and preserving the Property, it is critical that the
Debtor close the sale of the Property as soon as possible after all
closing conditions have been met or waived.  Accordingly, it asks
that the Court waives the 14-day stay periods under Bankruptcy
Rules 6004(h) and 6006(d).

The Creditor:

          BERKADIA COMMERCIAL MORTGAGE, LLC
          12444 Powerscourt Drive
          Suite 400
          St. Louis, MO 63131

ICI can be reached at:

          ICI CONSTRUCTION
          5057 Keller Springs Rd.
          #200
          Addison, TX 75001

                    About IO at Tech Ridge

IO at Tech Ridge, LP, is a limited partnership that owns a
partially constructed apartment project in Austin, Travis County,
Texas.  IO at Tech Ridge filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Tex. Case No. 17-11540) on Dec. 11, 2017.  The Debtor
hired Nicholas B. Bangos, P.A., as counsel.


IRIDIUM COMMUNICATIONS: Moody's Assigns B2 Corporate Family Rating
------------------------------------------------------------------
Moody's Investors Service assigned a B2 corporate family rating
(CFR), a B2-PD probability of default rating (PDR) and a SGL-2
speculative grade liquidity (SGL) rating to Iridium Communications
Inc. (Iridium). Moody's also assigned a Caa1 (LGD6) rating to the
company's proposed $360 million senior unsecured note offering at
Iridium. The company intends to use the proceeds to fund capital
investments, contribute additional funds to an existing debt
service reserve account associated with a fully drawn $1.8 billion
credit facility with BPI France Assurant Export SAS (BPIAE) issued
at Iridium Satellite LLC (an operating subsidiary of Iridium),
repay a vendor note with satellite manufacturer Thales Alenia
Space, and for general corporate purposes. The outlook is stable.

Assignments:

Issuer: Iridium Communications Inc.

-- Probability of Default Rating, Assigned B2-PD

-- Speculative Grade Liquidity Rating, Assigned SGL-2

-- Corporate Family Rating, Assigned B2

-- Senior Unsecured Regular Bond/Debenture, Assigned Caa1 (LGD6)

Outlook Actions:

Issuer: Iridium Communications Inc.

-- Outlook, Assigned Stable

RATINGS RATIONALE

Iridium's B2 CFR reflects its small scale, high leverage and
projected peak negative free cash flow for 2018 as the company
nears completion of a multi-year capital investment in Iridium NEXT
(NEXT), a next-generation satellite constellation now partially
deployed and expected to be fully operational by second half 2018.
Iridium NEXT replaces the company's 20-plus year old legacy
constellation with the same number of 66 cross-linked satellites,
as well as nine in-orbit spares and six ground spares. Four
additional launches of a total of 35 satellites remain until
completion of the NEXT constellation. While there is a small
probability of a potential industry-driven launch delay or a single
SpaceX launch failure that destroys a payload of Iridium
satellites, Moody's expects the completion of NEXT would likely
only be delayed under such a scenario by about four to six months.
The loss of Iridium satellites due to launch failure would have no
effect on the current business model. Further, given adequate
liquidity post this proposed financing, satellite availability via
existing ground spares and proceeds from robust insurance plans,
Moody's expects that Iridium would likely absorb such a setback
without the need for additional capital to complete the NEXT
constellation. The need for this proposed financing is due to about
a year's extension of NEXT's originally planned mid-2017
completion, which was driven by both satellite manufacturing delays
and a SpaceX launch failure preceding a scheduled Iridium satellite
launch.

While the company will continue to provide the same fully global
coverage that its existing legacy network provides, NEXT's improved
technology will increase capacity multi-fold, deliver faster data
speeds, and improve overall economics for existing products and
services. In addition to an existing solid and still growing base
of commercial and government customers, NEXT's enhanced
capabilities are anticipated to drive market share gains in the
maritime and internet of things (IoT) end markets with attractive
broadband and data solutions services. NEXT will also allow Iridium
to derive a new revenue stream by enabling global aircraft
surveillance services provided by Aireon, a company in partnership
with air navigation service providers worldwide.

Post the expected full deployment of NEXT in 2018, capital spending
will decrease by over 90% to maintenance capital spending levels in
subsequent years. Iridium is projected to generate strong free cash
flow beginning in 2019 with significant double-digit growth
thereafter, assuming minimal if any shareholder dividends. This
cash will primarily be used to fund steadily increasing principal
amortization requirements under the BPIAE credit facility, which
also includes a cash sweep feature. The rating is further supported
by Iridium's lower-risk wholesale distribution model, high margins,
currently high cash balances, a sizable, high quality and growing
existing customer base, a seasoned and proven management team, and
the high barriers to entry associated with the satellite industry.

Iridium's SGL-2 short-term liquidity rating indicates Moody's
expectation that the company will sustain good liquidity through
the next 12 to 18 months due to its large cash balances. Iridium is
projected to remain free cash flow negative in 2018 due to the
capital spending associated with deploying the remaining 35
satellites necessary to complete the NEXT constellation over four
additional launches currently scheduled to be completed in second
half 2018. As of December 31, 2017, Iridium had $298 million in
unrestricted cash and no revolver. The unsecured note offering is
expected to increase unrestricted cash balances by about $169
million, and increase an existing debt service reserve account
associated with the BPIAE credit facility by $87 million, for a pro
forma total of $466 million in unrestricted cash and $189 million
in restricted cash. Under reduced near-term principal repayment
amounts, which are contingent upon the successful placement of the
$360 million of unsecured notes, the BPIAE credit facility would
require principal payments totaling $72 million in 2018 and $126
million in 2019. Further, in the event unrestricted cash balances
fall below $75 million, up to a total of $87 million can be
released from BPIAE debt service reserve account, an important
lender accommodation that effectively serves as a revolver-like
liquidity source.

The ratings on existing debt instruments reflect both the overall
probability of default of Iridium, and individual loss given
default (LGD) assessments. The senior unsecured notes held at
Iridium are rated Caa1 (LGD6). The notes are rated two notches
lower than the B2 CFR given their junior position in the capital
structure. The first lien senior secured $1.8 billion BPIAE credit
facility (not rated) held at Iridium Satellite LLC is secured by
substantially all material owned tangible and intangible assets of
Iridium Satellite LLC and by all of the material domestic
subsidiaries of Iridium.

The stable outlook reflects Moody's expectation that the Iridium
NEXT deployment will be completed on schedule and that the company
will continue to produce healthy revenue growth that will lead to
debt/EBITDA (Moody's adjusted) falling to below 6.5x by 2019. The
stable outlook also reflects Moody's expectation that Iridium will
maintain ample cash on hand.

Due to forecasted high leverage and negative free cash flow, an
upgrade is unlikely over the next 12 to 18 months. However, upward
rating pressure would ensue if Iridium were to sustainably generate
free cash flow and debt/EBITDA (Moody's adjusted) approached 4.5x.

Downward rating pressure could develop if liquidity becomes
strained, revenue growth stalls, or if Iridium is unable to improve
its free cash flow profile. Additional debt-financed acquisitions
or investments which result in a deterioration of cash flow or a
material increase in leverage could also result in a downgrade.

With headquarters in McLean, Virginia, Iridium Communications Inc.
is the only commercial provider of mission-critical and
highly-reliable voice and data communications services on a fully
global coverage basis, connecting people, organizations and assets
to and from anywhere, in real time through its unique L-band
satellite network. During the last 12 months ended December 31,
2017, the company generated $448 million in revenue.


IRIDIUM COMMUNICATIONS: S&P Assigns 'B-' Corporate Credit Rating
----------------------------------------------------------------
Iridium Communications Inc., a satellite provider of voice, data,
and machine-to-machine (M2M) solutions, plans to offer $360 million
of senior unsecured notes as financing to complete the final stages
of its deployment of its Iridium NEXT constellation resulting in
leverage between 8.5x-9.0x in 2018.

S&P Global Ratings assigned its 'B-' corporate credit rating to
McLean, Va.-based Iridium Communications Inc. The outlook is
negative.

S&P said, "At the same time, we assigned a 'CCC' issue-level rating
and '6' recovery rating to Iridium Communications Inc.'s proposed
$360 million of unsecured notes due 2023. The '6' recovery rating
indicates our expectation for negligible (0%-10%; rounded estimate:
0%) recovery for lenders in the event of a payment default."

The company's $1.8 billion Bpifrance Assurance Export S.A.S.
(BPIAE) credit facility is unrated.

The rating reflects Iridium's very high financial leverage,
operations in a fairly narrow telecommunications niche, short-term
commercial contracts that could result in customer churn or pricing
pressure on renewals, concentration of revenue with the DoD, and
the risks still involved with launching the remaining Iridium NEXT
satellites. These factors are somewhat offset by the company's
global network, high barriers to entry, improved bandwidth enabled
by its Iridium NEXT satellite constellation, and strong margins
that we expect to improve as the company increases revenue. While
leverage is currently very high, we believe there is a path to
de-lever upon completion of the Iridium NEXT constellation. For
starters, capital expenditures will decline substantially, enabling
positive cash generation and debt reduction in 2019. Iridium also
stands to benefit from global aircraft surveillance opportunities
through a joint venture called Aireon, in which it currently owns
about a 39% stake, as well as growth opportunities enabled by
greater throughput and a larger addressable market, mainly in the
maritime and aviation markets.

The outlook is negative. While S&P's base-case assumes
de-leveraging through earnings growth and debt reduction, it also
recognizes risks surrounding the remaining launches of the Iridium
NEXT satellites and renegotiation of the company's contract with
the DoD.

S&P said, "We could lower the rating if the company fails to renew
its contract with the DoD, if it suffers launch failures that
impair its competitive position, or if growth does not materialize
in the company's voice and data and M2M businesses, leading to
leverage remaining above 7.5x for a sustained period.

"We could revise the outlook to stable if the company successfully
launches the remaining satellites in the Iridium NEXT constellation
and renews its contract with the DoD, such that leverage approaches
7.5x over the next year. We could raise the rating if leverage were
to fall below 6.5x, which we believe is unlikely to occur until
mid-2020."


ITM ENTERPRISES: Hires Eric A. Liepins as Counsel
-------------------------------------------------
ITM Enterprises, LLC, 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.

ITM Enterprises 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/Legal Assistants      $30 to $50

Eric A. Liepins will be paid a retainer in the amount of $5,000.

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

Eric A. Liepins, 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.

                     About ITM Enterprises

ITM Enterprises, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. N.D. Tex. Case No. 18-40767-11) on Feb. 28, 2018.  The
Debtor hired Eric A. Liepins, Esq., at Eric A. Liepins, P.C., as
counsel.

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


JAMES WATKINS: CNH Suit vs PPI, CNBT Remanded to State Court
------------------------------------------------------------
Chief Bankruptcy Judge Janice Miller Karlin grants Defendant
PrairieLand Partners, Inc. and Plaintiff CNH's motions to remand
the adversary proceeding captioned CNH Industrial Capital America,
LLC, Plaintiff, v. PrairieLand Partners Inc. and Community National
Bank & Trust-Chanute, Defendants, Adversary Proceeding Case No.
17-7023 ( Bankr. D. Kan.).

Four years ago, Debtors James Robert Watkins Jodi Karen Watkins
traded one encumbered tractor for another and apparently went on
their way. Although this commonplace exchange of collateral occurs
routinely in large farming operations, Plaintiff CNH Industrial
Capital America, LLC now alleges that its first priority security
interest in the collateral was not recognized and the tractor
proceeds were sent elsewhere. The dispute now before the Bankruptcy
Court is CNH's state court conversion claim against the two other
creditors involved in the transaction.

The Bankruptcy Court finds that it does not have jurisdiction over
this removed matter because the removing party--Defendant Community
National Bank & Trust-Chanute, has not satisfied its burden to show
that the state court petition is related to Debtors' Chapter 11
bankruptcy. The Bankruptcy Court further finds that even if it did
have jurisdiction, it would exercise its discretion to remand the
matter under either 28 U.S.C. section 1334(c)(1) (permissive
abstention) or 28 U.S.C. section 1452(b) (equitable remand). As a
result, the motions to remand are granted. The proceeding is
remanded to its original court for resolution.

A full-text copy of Judge Karlin's Order dated Feb. 20, 2018 is
available at https://is.gd/4BaeGF from Leagle.com.

CNH Industrial Capital America LLC, Plaintiff, represented by
Kelsey Nicole Frobisher -- kfrobisher@foulston.com -- Foulston
Siefkin LLP.

PrairieLand Partners Inc, Defendant, represented by Creath L.
Pollak, Minter & Pollak & John B. Swearer.

Community National Bank & Trust-Chanute, Defendant, represented by
Creath L. Pollak, Minter & Pollak.

James Robert Watkins and Jodi Karen Watkins sought Chapter 11
protection (Bankr. D. Kan. Case No. 17-40389) on April 14, 2017.
The Debtors tapped Tom R. Barnes, II, Esq., at Stumbo Hanson LLP as
counsel.


JASON MAZZEI: Nguyen Buying Wilkes-Barre Property for $16.5K
------------------------------------------------------------
Jason J. Mazzei asks the U.S. Bankruptcy Court for the Western
District of Pennsylvania to authorize the sale of a residential
building located at 119 Wood Street, Wilkes-Barre, Pennsylvania to
Kelly Thi Nguyen for $16,500.

A hearing on the Motion is set for March 22, 2018 at 2:00 p.m.

The Debtor owns said property as evidenced by the deed recorded in
the Luzerne County Courthouse.  There are no secured mortgage liens
against the property.

The Debtor and the Purchaser have entered into an agreement of
sale, whereby the Seller has agreed to sell and the Purchaser has
agreed to purchase the real property.  The Purchaser will pay
$16,500 for said property.  The sale of the real estate is an "as
is" sale and subject to the approval of the Court.  The sale must
be a judicial sale, free and clear of all liens and encumbrances
and claims against the Debtor.  In order to convey good title, it
will be necessary that all these interests, claims and encumbrances
be divested as liens against the real property and shifted to the
funds realized from the sale.

The Debtor reserves the right to challenge the validity of any lien
or claim at the time of distribution.  The Seller will not pay any
real estate commission in this transaction.  The settlement date
per the Purchase Agreement is scheduled for March 30, 2018.

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

          http://bankrupt.com/misc/Jason_Mazzei_295_Sales.pdf

The Debtor asks the Court that the settlement officer be authorized
to make the following disbursements: (i) payoff of any existing
real estate tax liens, if any; (ii) all real estate transfer
stamps; (iii) Court approved attorney fees, if any; (iv) any other
closing items necessary to consummate the transaction, including
but not limited to deed preparation and recording fees, notary
fees, etc.; and (v) the balance of the net proceeds payable to any
secured and priority creditors in the case, with the remainder to
be paid to allowed unsecured creditors until such time as payments
are made equal to a 100% distribution

The sale is in the best interest of all parties since it will help
the Debtor consummate his Chapter 11 Plan of Reorganization.

The Purchaser:

          Kelly Thi Nguyen
          117 Wood St.
          Wilkes Barre, PA 18702

Jason Mazzei is a licensed real estate agent currently conducting
business at 416 East Second Avenue, Tarentum, Pennsylvania.  Mr.
Mazzei sought Chapter 11 protection (Bankr. W.D. Pa. Case No.
16-24827) on Dec. 30, 2016.  The Debtor tapped Albert G. Reese, Jr,
Esq., at Law Office of Albert G. Reese, Jr., as counsel.


JC PENNEY: Fitch Rates New $400MM Secured Notes Due 2025 'BB-'
--------------------------------------------------------------
Fitch Ratings has assigned a 'BB-'/'RR3' rating to J. C. Penney
Corporation, Inc.'s new $400 million 8.625% senior second lien
secured notes due 2025. Fitch has also affirmed J. C. Penney
Company, Inc. (JCP) and J. C. Penney Corporation, Inc.'s Long-Term
Issuer Default Ratings (IDR) at 'B+', and has downgraded the senior
unsecured notes to 'B+'/'RR4' from 'BB-'/'RR3'. The Rating Outlook
is Stable.

The new class of notes will be guaranteed on a secured basis,
jointly and severally, by J.C. Penney and certain domestic
subsidiaries of JCP that guarantee J. C. Penney's senior secured
term loan facility and existing senior secured notes. Both the term
loan facility and senior secured notes are secured by (a)
first-lien mortgages on 285 owned and ground-leased stores (subject
to certain restrictions primarily related to Principal Property
owned by J. C. Penney Corporation, Inc.) and eight owned
distribution centers; (b) a first lien on intellectual property
(trademarks including J. C. Penney, Liz Claiborne, St. John's Bay
and Arizona), machinery and equipment; (c) a stock pledge of J. C.
Penney Corporation and all of its material subsidiaries.

J. C. Penney intends to use the net proceeds to pay the tender
consideration for portions of its 8.125% senior notes due 2019 and
5.65% senior notes due 2020. The company commenced a tender offer
for up to $95 million of the $175 million senior notes due 2019 and
up to $225 million of the $360 million senior notes due 2020. If
any or all of the tender securities (up to the tender cap for each
series of tender securities) are not purchased in the tender
offers, or to the extent J. C. Penney has net proceeds from the
offering remaining after payment of the tender consideration and
fees and expenses associated with the offering of the notes and the
tender offers, it intends to use the net proceeds from the offering
of the notes for general corporate purposes, which may include
further retirement of its existing notes, including defeasance of
any untendered tender securities.

The new note issuance along with cash on hand enables J.C. Penney
to successfully address its 2019/2020 maturities of $535 million
with nothing due in 2021.

J. C. Penney's 'B+' rating reflects the meaningful turnaround in
the business over the last few years with EBITDA improving to $886
million in 2017 (excluding asset sale gains and adding back
non-cash based compensation) from $275 million in 2014 due to both
sales growth and cost reductions. Fitch expects annual EBITDA to
remain in the mid-$800 million annually over the next 24 to 36
months, and leverage is expected to be in the mid-5x given
expectations for some debt paydown. From a comparable store sales
perspective, Fitch expects the company to largely offset the
weakness in women's apparel (24% of sales) with investments in
areas such as home and appliances (13% of sales), beauty/Sephora,
private brands and its own omnichannel offerings.

KEY RATING DRIVERS

Flat Comps: Fitch expects J. C. Penney to sustain flat comparable
store sales (comps) in 2018/2019, in line with the flat comps in
2016/2017, given the ongoing traffic challenges at mid-tier
mall-based apparel retailers, as volume continues to shift online
and to discount channels such as fast fashion and off-price.

At its analyst-day meeting in August 2016, J. C. Penney identified
$1.2 billion to $1.7 billion in incremental sales opportunity from
a base of $12.6 billion in the areas of private brands, beauty,
special sizes and home. While J. C. Penney is seeing strong growth
in some of these categories -- particularly home and Sephora --
Fitch expects underlying store traffic and core apparel sales to
decline in the low- to mid-single-digits. Women's apparel accounts
for $3 billion or 24% of revenue. Fitch estimates this business has
been declining by mid-single digits annually while men's apparel
and accessories (22% of revenue) and children's apparel (10% of
revenue) have likely been flat to modestly negative. As J. C.
Penney has acknowledged, the women's business has been
over-assorted in traditional women's clothing and under-assorted in
casual, contemporary and activewear. Fitch views the turnaround in
this business as challenging, as it plays catch up to both existing
and new entrants in a crowded space.

J.C. Penney has been investing significantly in its home business,
which accounted for 13% of its total revenue in 2016, via
appliances, window coverings, soft home and mattresses, and has
also partnered with Ashley Furniture. The company has used less
productive areas of its stores for these initiatives, which do not
require heavy upfront inventory investment, as purchases are
shipped directly from the manufacturers. It added major appliances
to more than 500 locations in 2016 and another 100 locations in
2017. It also expanded mattresses in over 300 locations in 2017,
showcasing them in around 500 stores.

These initiatives were put in place to take advantage of the
significant decline in sales at Sears; as of fourth quarter 2016
(4Q16), J.C. Penney and Sears were co-located in more than 400
malls. Hardlines is the largest category at Sears Holdings,
accounting for $9.6 billion (or 43% of consolidated revenue) in
2016 and a projected $7.3 billion in 2017. Of this, almost $7
billion was generated within the Sears mall-based stores in 2016;
Fitch projects $5.7 billion in 2017. Hardlines includes categories
such as consumer electronics, appliances and home improvement, in
addition to sporting goods and housewares. Major competitors in the
space include Home Depot and Lowe's, Best Buy, and more recently,
J.C. Penney, have all made significant investments to grow share in
some of these categories. Apparel and soft home represented $5.6
billion (25% of Sears' consolidated revenue) in 2016 and is
projected at $4.3 billion in 2017, roughly split evenly between
Kmart and Sears stores. This could provide another opportunity for
J. C. Penney to pick up some share.

Fitch projects comps will be flat over the next 24 to 36 months
with the weakness in apparel offset by growth in its home and
women's accessories businesses (13% of total revenue and includes
Sephora). Fitch has assumed flat growth in most categories, and a
decline of 3% to 5% annually in women's apparel offset by 5% growth
in home and women's accessories to derive flat comp expectations.
Comps could grow 1% to 2% due to (i) a better than expected
performance in women's apparel versus Fitch's projected 3% to 5%
decline, and/or (ii) higher than projected mid-single-digit growth
in home (due to accelerated share losses at Sears) and women's
accessories (includes Sephora), which combined account for 26% of
total sales.

EBITDA Expected to Be Range-Bound: J. C. Penney demonstrated a
meaningful turnaround in its business over the last three years,
with EBITDA at $886 million in 2017 (excluding asset sales gains
and adding back non-cash based compensation) versus $275 million in
2014. Weaker than expected comps over the last few years versus
management's expectations have been offset by continued cost
reductions.

Going forward, gross margin improvement through increased private
brand penetration and benefits from merchandising system/supply
chain/pricing optimization is likely to be offset by investments in
areas such as online and the growth of the appliance business.
Fitch expects some gross margin expansion in 2018 as J.C. Penny
cycles against the significant inventory liquidation sales related
to store closings in 2017. SG&A expenses are expected to be
modestly lower growing forward on store closings. However,
investments in growth businesses and increased wage and healthcare
costs could put upward pressure on expenses. Fitch expects annual
EBITDA to remain in the mid-$800 million annually over the next 24
to 36 months.

Strong Liquidity/Stable Leverage: Total liquidity (cash and
revolver availability) at the end of Feb. 3, 2018 was in excess of
$2 billion. Fitch expects FCF to be in the $100 million range
annually. Adjusted debt/EBITDAR was at the end of 2017, and Fitch
expects leverage to remain in the mid-5x over the next 24 to 36
months.

DERIVATION SUMMARY

J. C. Penney's 'B+' rating reflects the meaningful turnaround in
the business over the last few years with EBITDA improving to $886
million in 2017 from $275 million in 2014, due to both sales growth
and cost reductions. Fitch expects annual EBITDA to remain around
$850 million annually over the 24 to 36 months and leverage is
expected to be in the mid-5x given expectations for some debt
paydown.

J. C. Penney has seen a material 30% decline in total sales since
2010 versus its investment-grade rated peers such as Macy's, Inc.
and Kohl's Corporation (both rated BBB/Negative), which have had
fairly stable top lines during this period. Both Kohl's and Macy's
have a better developed omnichannel offering and profitability is
higher at 10%+ EBITDA margins versus 8% at J.C. Penney. Finally,
leverage for both Macy's and Kohl's is expected to trend in the
mid-to-high 2x range versus the mid-5x for J.C. Penney.

Sears Holding Corporation's 'C' rating reflects multiyear top-line
market share and EBITDA declines, which have led to concerns
regarding long-term competitive viability. The company faces
significant restructuring risk given the high cash burn since 2013,
which necessitated significant liquidity infusion via asset sales
or secured debt. The company recently launched a distressed debt
exchange to address upcoming maturities. J. C. Penney has
positioned itself to benefit from Sears' market share losses in the
home and appliance segments.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Its Rating Case for the Issuer
-- Comps are expected to be flat in 2018/2019, with growth in
    home, beauty and online offsetting weakness in apparel;
-- EBITDA is expected to trend in the mid-$800 million range
    annually;
-- FCF is expected to be $100 million annually assuming no
    material swings in neutral working capital;
-- Adjusted debt/EBITDAR is expected to be in the mid 5x over the

    next 24 to 36 months.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action
A positive rating action could occur if J. C. Penney's comps are in
the positive low single digits, yielding EBITDA sustainably over $1
billion, and if the company continues to pay down debt, such that
leverage moves below 5x.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action
A negative rating action could occur if comps turn negative, annual
EBITDA trends below mid-$800 million leading to lower than expected
FCF and causing leverage to be above 5.5x.

LIQUIDITY

Strong Liquidity: J. C. Penney had cash and cash equivalents of
$185 million as of Oct. 28, 2017, and $1.8 billion available under
its $2.35 billion credit facility after accounting for $211 million
for outstanding borrowings, $135 million in letters of credit and
$200 million in minimum excess availability it must maintain. The
company ended 2017 with total liquidity in excess of $2 billion.

FCF was approximately $60 million in 2017 compared to negative $93
million in 2016. In addition, the company generated $96 million in
proceeds from sale of operating assets in 2016 and $154 million in
2017. Fitch expects FCF to be in the $100 million range annually.

Recovery Analysis

For issuers with IDRs at 'B+' and below, Fitch performs a recovery
analysis for each class of obligations of the issuer. The issue
ratings are derived from the IDR and the relevant Recovery Rating
(RR) and notching, based on Fitch's recovery analysis that places a
liquidation value under a distressed scenario in the low to mid-$5
billion range (taking into seasonal working capital build). The
liquidation value is higher than the going-concern value, which
Fitch estimates at about $3 billion, based on a going-concern
EBITDA of $750 million and a 4x multiple.

Fitch has applied a 70% advance rate against inventory level as a
proxy for a net orderly liquidation value of the assets. In coming
up with a real estate value of $3.5 billion, Fitch valued the
approximate 415 owned stores at $7 million each (versus the
appraised value of $7.8 million in May 2013) and the eight owned
distribution centers at $50 million each. The $750 million
going-concern EBITDA assumption reflects revenue of $9.5 billion,
or 20% lower than current levels (on a 52-week basis), at an 8%
EBITDA margin given the mix of its business. The 4.0x multiple is
lower than the 5.4x median multiple for retail going-concern
reorganizations, the 12-year retail market multiples of 5x to 11x,
and 7x to 12x for retail transaction multiples. The 4.0x multiple
reflects the significant share losses by department stores to other
formats over the last 10 to 15 years and Fitch's expectation that
department stores sales will continue to decline in the low single
digits annually.

J. C. Penney's $2.35 billion senior secured asset-backed loan (ABL)
facility that matures in June 2022 is rated 'BB+'/'RR1', which
indicates outstanding recovery prospects (91%-100%) in a distressed
scenario. The facility is secured by a first-lien priority on
inventory and receivables, with borrowings subject to a borrowing
base. Any proceeds of the collateral will be applied first to the
satisfaction of all obligations under the revolving facility.

J. C. Penney is required to maintain a minimum excess availability
at all times of not less than (a) $200 million in the event that
10% of the line cap (the lesser of total commitments under the
credit facility or the borrowing base) is equal to or greater than
$200 million or (b) the greater of (i) 10% of line cap and (ii)
$150 million in the event that 10% of the line cap is less than
$200 million.

The $1.635 billion term loan and $500 million senior secured notes
due June 2023 are also expected to have outstanding recovery
prospects of 91% to 100%, leading to a 'BB+'/'RR1' rating. Both the
term loan facility and senior secured notes are secured by (a)
first-lien mortgages on 285 owned and ground-leased stores (subject
to certain restrictions primarily related to Principal Property
owned by J. C. Penney Corporation, Inc.) and eight owned
distribution centers; (b) a first lien on intellectual property
(trademarks including J. C. Penney, Liz Claiborne, St. John's Bay
and Arizona), machinery and equipment; (c) a stock pledge of J. C.
Penney Corporation and all of its material subsidiaries and all
intercompany debt; and (d) second lien on inventory and accounts
receivable that back the ABL facility. The term loan and senior
secured notes rank pari passu in terms of priority of payment.

The $400 million senior second lien secured notes due 2025 are
expected to have good recovery prospect of 51% to 70%, leading to a
'BB-'/'RR3' rating. The notes are secured by a second lien on the
term loan and senior secured notes. Fitch assumes that the senior
notes will benefit only modestly from the excess of the term loan
real estate collateral and share on a prorata basis with the
unsecured notes on the remaining collateral. The senior unsecured
notes are rated 'B+'/'RR4', indicating average recovery prospects
(31% to 50%).

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

J. C. Penney Company
-- Long-Term IDR at 'B+'.

J. C. Penney Corporation
-- Long-Term IDR at 'B+';
-- Senior first-lien secured debt at 'BB+'/'RR1' .

Fitch has downgraded the following ratings:

J. C. Penney Corporation
-- Senior unsecured notes to 'B+'/'RR4' from 'BB-'/'RR3'.

Fitch has assigned the following ratings:

J.C. Penney Corporation
-- Senior second lien secured notes 'BB-'/RR3'.

The Rating Outlook is Stable.


JEJP LLC: MNA Buying Industrial Equipment for $3 Million
--------------------------------------------------------
JEJP, LLC, doing business as Precision Machined Products, asks the
U.S. Bankruptcy Court for the Southern District of Texas to
authorize the sale of industrial equipment used to fabricate
downhole equipment for the oil and gas industry to Machinery
Network Auctions ("MNA") for $2,975,000.

Objections, if any, must be filed within 20 days of the date the
Motion was served.

The Debtor ceased operations in October of 2017, and only retained
administrative staff to administer its books and records and to
pursue offers on its assets.  The Debtor owns the Assets.  An
appraisal of the Assets dated Oct. 5, 2016, lists the orderly
liquidation value of the equipment at $2,914,000 and the forced
sale liquidation value of the equipment at $2,233,000.

After the appraisal was performed, the Debtor sold a Nomura CNC
Horizontal Boring & Milling Machining Center for $77,500, an Okum
CNC Vertical machining center for $40,000, a Lehman Lethe MDL 2516
x 192 for $110,000 with Court permission.  

After marketing the Assets over the past four months, the Debtor
has accepted the highest offer for the Assets from MNA.  This is a
cash offer in the amount of $2,975,000, to be paid within two
business days after Court approval of the sale.  MNA will have 60
days to conduct an auction of the Assets.  They are allowed up to
$150,000 for marketing and other expenses.  

Any funds received, excluding the Buyer's Premium in excess of the
Purchase Price plus Expenses will be divided equally between the
Debtor and MNA.  MNA will provide the Debtor a full and complete
auction accounting and payment of the Debtor's portion of the
Excess Proceeds, if any, within 14 days of the close of the
auction.

A copy of the Purchase Contract and Bill of Sale attached to the
Motion is available for free at:

     http://bankrupt.com/misc/JEJP_LLC_123_Sales.pdf

These entities are claiming a lien on the assets:

     a. Aldine Independent School District ("AISD"), Klein ISD
("KISD") and Harris County/City of Houston ("Taxing Authorities")
by
virtue of their statutory tax liens on all of the Debtor's assets.
AISD is owed $193,926, KISD is owed $54,648, and Harris County is
owed $262,982 with interest at the rate of 12% from Jan. 31, 2018
until closing.

     b. Texas Citizens Bank by virtue of its promissory note,
security agreement and UCC-1 Financing Statement.  Texas Citizens
Bank is owed $2,114,489.  

Eastgroup Properties, LP by virtue of its perfected landlord's lien
on the assets, for the remaining balance of approximately $348,956.


Texas Citizens Bank and Eastgroup Properties have each agreed with
the Debtor that Texas Citizens Bank and Eastgroup Properties will
each discount its secured claim by $100,000, in exchange for a full
and final release by the Estate, by the Debtor, and by its related
parties, of any and all claims, causes of action, and other matters
of whatever scope, nature, or category which all or any of the
releasing parties have or claim or might claim against Texas
Citizens Bank or Eastgroup Properties directly or indirectly
related to the prior dealings between the releasing parties and the
released parties in any manner whatsoever.  The parties agree and
represent that such full, final, and total release is a material
consideration for such accommodation by Texas Citizens Bank and
Eastgroup Properties, but for which neither would agree to the
deductions described, or to the terms of the Order.  Such release
will be consummated and enacted upon entry of an Order by the Court
granting the Motion, without further action or documentation, and
will survive the entry of such Order and performance thereon.

The proceeds from the Purchase Price will be paid to the following
secured creditors at closing in full satisfaction of their
respective claims: (i) Aldine ISD - $193,926; (ii) Klein ISD -
$54,648; (iii) Harris County, et al. - $262,982; (iv) Texas
Citizen's Bank - $2,033,338; and EastGroup Properties, LP -
$230,107.

Any Excess Proceeds after the auction will be held for the benefit
of administrative claimants and neither the Texas Citizens Bank nor
EastGroup Properties will participate in the distribution of Excess
Proceeds.  The offer is to purchase the Assets free and clear of
all liens, claims, and encumbrances.  The Assets will be purchased
as is, with all faults and defects, if any.  MNA will be
solely responsible for removing the Assets from the Leased Premises
within 120 days after entry of an order approving the sale of the
Assets.   The Debtor believes, in its best business judgment, that
it has maximized the value to the estate of the Asset.  It is
unlikely that the sale will result in any income tax liability to
the Estate.

The Assets will be sold free and clear of all liens, claims,
interests and encumbrances.  However, the sale will not be free and
clear of the 2018 tax liens for AISD and Harris County.  The
Buyer(s) will assume responsibility for the payment of the 2018
taxes.

The Creditors:

         ALDINE INDEPENDENT SCHOOL
         14909 Aldine Westfield Rd.
         Houston, TX 77032-3027

         TEXAS CITIZENS BANK
         1800 Nasa Parkway
         Houston, TX 77058-3502

                        About JEJP LLC

JEJP, LLC, d/b/a Precision Machined Products, filed a Chapter 11
petition (Bankr. S.D. Tex. Case No. 16-33646) on July 22, 2016.
The petition was signed by Paul Williams, chairman.  The Debtor
estimated assets of less than $100,000 and liabilities of $1
million to $10 million at the time of the filing.

Judge David R. Jones presides over the case.  

Julie Mitchell Koenig, Esq., at Cooper & Scully, PC, is the
Debtor's bankruptcy counsel.  The Debtor hired EEPB P.C. CPAs and
Business Advisors as its accountant.

An official committee of unsecured creditors has not yet been
appointed.


JET MIDWEST: Seeks Interim Access to Cash Collateral
----------------------------------------------------
Jet Midwest Group, LLC, asks the U.S. Bankruptcy Court for the
District of Delaware for interim authority to use cash collateral
solely for the purposes of funding the types and corresponding
amounts of itemized expenditures contained in the Budget.

The Debtor entered into a Security Agreement with F. Paul Ohadi
Trust Dated December 15, 1999 ("Ohadi Trust"), as security for
repayment of a loan from Ohadi Trust to the Debtor and Jet Midwest,
Inc. The Debtor and the Ohadi Trust also entered an Aircraft
Mortgage. As of the Petition date, there is approximately
$6,042,565 in principal and interest outstanding under the
Prepetition Loan Documents.

The Prepetition Loan Documents requires the Debtor to pay the Ohadi
Trust monthly interest payments of $91,000. The Debtor proposes to
pay the Ohadi Trust the monthly interest payments in the amount of
$91,000 post petition.

Pursuant to a contract the Debtor has with Airborne Wireless
Network to test wireless internet in airplanes and provide other
services, in lieu of cash payments for such services, Airborne and
the Debtor agreed that the Debtor would be paid in Airborne stock.
The agreements further provide that the Debtor's position may not
be diluted. As a result, each time Airborne issues new stock, the
Debtor receives additional new stock.

According to Airborne's notice of default and demand, the Debtor's
existing shares in Airborne were delivered to Ohadi Trust, who
currently holds possession of the existing stock certificates.  In
the coming months, Airborne may issue 200,000 shares for the
benefit of Debtor.

In view of that, the Debtor proposes that the automatic stay be
modified so that Airborne may deliver any additional Airborne stock
received to the Ohadi Trust as adequate protection for the use of
its cash collateral in this Chapter 11 Case. The Airborne stock
would further adequately protect the Ohadi Trust in the Debtor's
use of Cash Collateral.

The Debtor submits that it is vital to the success of the Debtor's
efforts in this Chapter 11 Case that the Debtor immediately obtains
access to Cash Collateral. The preservation of the Debtor's
business depends heavily upon the expeditious approval of the use
of cash collateral for general working capital purposes. Absent the
Court's approval of the interim use of cash collateral, the Debtor
faces a substantial risk of severe disruption to its business
operations and irreparable damage to its relationships with its
vendors.

A full-text copy of the Order is available at

          http://bankrupt.com/misc/deb18-10395-10.pdf

                       About Jet Midwest

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

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


JETT RACING: Hires Enrique M. Solis as Bookkeeper
-------------------------------------------------
Jett Racing & Sales, Inc., seeks authority from the U.S. Bankruptcy
Court for the Southern District of Texas to employ Enrique M.
Solis, III, as bookkeeper to the Debtor.

Jett Racing requires Enrique M. Solis to prepare the monthly
operating reports required in the Chapter 11 bankruptcy
proceedings.

Enrique M. Solis will be paid at the hourly rate of $45. Enrique M.
Solis will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Enrique M. Solis III, 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.

Enrique M. Solis can be reached at:

     Enrique M. Solis III
     Midland, TX

                  About Jett Racing & Sales

Founded in 1977, Jett Racing & Sales, Inc., is an electronics and
car accessories retailer in Laredo, Texas. It owns fee simple
interests in (a) a real property located at 1301 Lincoln Street,
Laredo, Texas, Lots 3, 4 & 5 of Block 37 of Laredo's Western
Division Webb County, Texas, valued by the Company at $1.50
million; (b) a lot and building located at 1110 Lincoln Street,
Laredo, Texas, S 52/1 of Lot 5 Ex- Trapezoidal Strip on East Side
Blk 41 WD valued by the Company at $240,000; (c) a lot and building
located at 2008 Matamoros St. Laredo, Texas Lot 4 of Block 291
Laredo's Western Division valued by the Company at $221,000; and
(d) a lot and building located at 6102 Gilbert Laredo, Texas,
valued by the Company at $1.4 million. It also holds a leasehold
interest in a lot and building located at 5201 Bob Bullock Loop
Laredo, Texas 78041.

Jett Racing previously sought bankruptcy protection (Bankr. S.D.
Tex. Case No. 11-50285) on May 12, 2011.

Jett Racing filed another Chapter 11 petition (Bankr. S.D. Tex.
Case No. 17-50201) on Sept. 30, 2017.  Wolf Hofman, the president,
signed the petition. Judge Eduardo V. Rodriguez presides over the
case.  The Debtor disclosed $7.08 million in assets and $7.44
million in liabilities.  Jesse Blanco, Jr., Esq., is the Debtor's
bankruptcy counsel.


KATY INDUSTRIES: Court Enters Interim Approval of Plan Disclosures
------------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an interim order approving Katy Industries and its official
committee of unsecured creditors' Joint Chapter 11 Combined Plan of
Liquidation and related Disclosure Statement. As previously
reported, "This Combined Plan and Disclosure Statement contemplates
the appointment of a Plan Administrator who, under the terms of
this Combined Plan and Disclosure Statement, shall make
Distributions for the benefit of Holders of various Allowed Claims.
Section 10 provides general procedures concerning Distributions
under the Plan, including the deemed consolidation of the Debtors'
Estates with respect to Allowed General Unsecured Claims. This
means that the separate Debtors and Estates will be treated as if
they were a single Debtor with a single Estate, so that Claims
enforceable against more than one Estate will be treated as a
single Claim against the consolidated Estate. Other procedures in
Section 10 include: (i) disallowance of post-petition interest,
(ii) treatment of undeliverable distributions, (iii) preservation
of the Debtors' setoff rights, and (iv) minimum distribution
amounts and disposition of any residual Cash. Section 12 provides a
comprehensive proposed settlement regarding Retiree Claims and the
termination of the Debtors' Retiree Life Insurance Plan, which is
necessary given that the Debtors have no continuing operations and
limited funds available for distribution. Under the Retiree
Settlement, (i) the Retiree Life Insurance Plan will terminate,
(ii) the Debtors will make a lump-sum payment of $50,000 to the
Retirees' Committee for distribution to the Retirees, (iii) claims,
if any, under the Debtors' self-insured medical plan will have
continued to be honored during a 60-day 'runoff period'
post-termination, and (iv) Retiree Claims will be released and
discharged upon the Retirees' Committee's receipt of the Retiree
Settlement Amount."

The Court subsequently scheduled an April 25, 2018 hearing to
consider the Combined DSP, with objections due by April 13, 2018,
according to the report.

                   About Katy Industries

Katy Industries, Inc. -- http://www.katyindustries.com/-- a
publicly traded Delaware corporation, and its wholly-owned direct
and indirect subsidiaries were organized as a Delaware corporation
in 1967.  The Company is a well-known manufacturer, importer, and
distributor of commercial cleaning and consumer storage products as
well as a contract manufacturer of structural foam products. It
distributes its products across the United States and Canada. It is
best known for such brands as Continental, Huskee, Color Guard,
Wilen, Muscle Mop, Contico, Tuffbin, and SilverWolf, among many
others.

The Company operates three manufacturing facilities located in
Jefferson City, Missouri, Tiffin, Ohio, and Fort Wayne, Indiana,
with its corporate headquarters located in St. Louis, Missouri.

Katy Industries, Inc., and its affiliates filed a voluntary
petition for relief under the Bankruptcy Code (Bankr. D. Del. Lead
Case No. 17-11101) on May 14, 2017. In the petition signed by CRO
Lawrence Perkins, Katy Industries disclosed $821,321 in assets and
$58,421,346 in liabilities.

Stuart M. Brown, Esq., at DLA Piper LLP (US), is the Debtors'
bankruptcy counsel. JND Corporate Restructuring is the claims and
noticing agent.

M.J. Renick & Associates LLC has been appointed by the Court as fee
examiner.

On July 31, 2017, the Office of the U.S. Trustee formed a committee
of retirees. The Retirees’ Committee hired Womble Carlyle
Sandridge & Rice, LLP as legal counsel.


LAKESHORE FARMS: Hires Evans & Mullinix as Counsel
--------------------------------------------------
Lakeshore Farms, Inc., seeks authority from the U.S. Bankruptcy
Court for the Western District of Missouri to employ Evans &
Mullinix, P.A., as counsel to the Debtor.

Lakeshore Farms requires Evans & Mullinix to represent the Debtor
and provide legal services required in representing a Chapter 11
Debtor-in-possession.

Evans & Mullinix will be paid at these hourly rates:

         Attorneys        $300
         Paralegals       $100

On Feb. 13, 2018, GDD Lakeshore Properties, LLC, an entity formed
by Jonathan Russell on Feb. 3, 2015, paid Evans & Mullinix a
retainer in the amount of $35,000, which includes the filing fee of
$1,717.  The retainer has been used to compensate Evans & Mullinix
in the amount of $12,697, for the services rendered through the
filing date and the filing fee.  The remaining funds shall be used
to pay post-petition services until the retainer is exhausted.

Evans & Mullinix will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Joanne B. Stutz, a partner at Evans & Mullinix, 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.

Evans & Mullinix can be reached at:

         Joanne B. Stutz, Esq.
         EVANS & MULLINIX, P.A.
         7225 Renner Road, Suite 200
         Shawnee, KS 66217
         Tel: (913) 962-8700
         Fax: (913) 962-8701
         E-mail: jstutz@emlawkc.com

                     About Lakeshore Farms

Lakeshore Farms, Inc., is a farming operation, owned by Jonathan
Russell and formed on Jan. 26, 2001, with its principal place of
business located at 24806 Highway 69, Forest City, Missouri 64551.


Lakeshore Farms filed a Chapter 11 petition (Bankr. W.D. Mo. Case
No. 18-50077) on Feb. 28, 2018.  In the petition signed by Jonathan
L. Russell, president, the Debtor disclosed $8.52 million in assets
and $5.57 million in liabilities.  The Hon. Brian T. Fenimore
presides over the case.  Joanne B. Stutz, Esq., at Evans &
Mullinix, P.A., serves as bankruptcy counsel to the Debtor.


LAWRENCE BARREGO: Pesce Buying West Harrison Property for $950K
---------------------------------------------------------------
Lawrence M. Barrego asks the U.S. Bankruptcy Court for the Southern
District of New York to authorize the short sale of his rights,
title and interest in the residential property located at 794 Lake
Street, Front, West Harrison, New York, Tax Map Designation Block
984, Lot 7, to Danilo Pesce for $950,000.

A hearing on the Motion is set for March 28, 2018 at 10:00 a.m.
The objection deadline is March 21, 2018 at 12:00 p.m.

The Debtor resides at the property commonly known as 794 Lake
Street, Rear, West Harrison, New York 10604, which is his principal
residence.  The Debtor owns Property he proposes to sell.  His
estranged spouse resides in the Property but is not in title.  A
prepetition matrimonial action was commenced in the Supreme Court,
Westchester County, however, no judgment of divorce or interim
relief has been entered in that action.

Citizen's Bank, N.A. holds the only mortgage and lien on the
Property.  Citizen's Proof of Claim filed in the case states the
balance due under the mortgage is approximately $2,255,021.

The Debtor entered into a Contract of Sale which provides for a
short sale of his Property to the Buyer for $950,000, with $75,000
downpayment.  The parties executed the Contract of Sale.  The
Creditor approved the Debtor's short sale under the terms set forth
in the approval letter dated Feb. 22, 2018.

The Debtor makes the Application for an Order authorizing him to
sell his right, title and interest in and to the Property, and to
distribute the proceeds as provided in Creditor's Approval Letter,
summarized as follows:

     Purchase Price:                     $950,000
     Real Estate Commission:             ($47,500)
     Estimated Settlement Charges:        ($6,915)
     Net Proceeds To Citizens:           $895,585

The sale of the Debtor's Property maximizes the benefit to the
estate by satisfying the unsecured portion of Creditor's lien and
releasing the Debtor from his financial obligation with respect to
a short sale deficiency of approximately $1,305,021.  Accordingly,
the Debtor respectfully asks that the Court approves the relief
sought.

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

   http://bankrupt.com/misc/Lawrence_Barrego_38_Sales.pdf

The Purchaser is represented by:

          John Jay Hogan, Esq.
          HOGAN & ROSSI
          3 Starr Ridge Road, Ste 200
          Brewster, NY 10509
          Telephone: (845) 279-2986

Counsel for the Debtor:

          Amanda Medina, Esq.
          524 Winchester Road
          Norfolk, CT 06058
          Telephone: (914) 941-4485
          E-mail: Abogado1@aol.com

Lawrence M. Barrego sought Chapter 11 protection (Bankr. S.D.N.Y.
Case No. 17-22902) on filed June 5, 2017.  The Debtor tapped Amanda
Medina, Esq., as counsel.


LAWRENCE D. FROMELIUS: Galena Road Buying Lacon Property for $150K
------------------------------------------------------------------
Lawrence D. Fromelius asks the U.S. Bankruptcy Court for the
Northern District of Illinois to authorize the sale of a parcel,
approximately 12 acres, located at 812/814 State Street, Lacon,
Marshall County, Illinois, with Parcel ID Numbers of 04-24-300-009,
04-24-252-001, and 04-24-252-002, to Galena Road Gravel, Inc. for
$150,000.

A hearing on the Motion is set for March 13, 2018, at 9:30 a.m.

The Debtor's Third Amended Plan of Reorganization specifies that
his real estate assets will remain in the bankruptcy estate so that
they can be sold post-confirmation.  The Plan contemplates an
orderly sale of real estate to generate funds to pay the Anne Marie
Barry Trust, among others.  One of the parcels is the Lacon
Property.

Consistent with the Plan, the Debtor has been endeavoring to sell
the Lacon Property, and, as such, received the Sale Agreement from
the Purchaser.  The Purchaser owns a business and land that is
adjacent to the Lacon Property and has expressed interest in
expanding its footprint to include the Lacon Property.  The Sale
Agreement contemplates that the Purchaser will have no more than a
60-day period to conduct due diligence on the Lacon Property, after
which time the Debtor anticipates the sale will close.  The sale
will be free and clear of all interests, liens, claims and
encumbrances of any kind or nature whatsoever.

Also, the Debtor placed a value of $100,000 on the Lacon Property,
and the Purchaser agreed to pay $150,000, with $5,000 as earnest
money.  Based upon his own knowledge of the Lacon Property and
discussions with others, the Debtor believes the purchase price is
fair and reasonable.  The Anne Marie Barry Trust also has consented
to the sale price.  The Debtor will not receive any benefit from
the sale other than the consideration being paid, which will be
used to further implement his Plan.

The Debtor respectfully asks that the Court enters an order
authorizing him to enter into the Sale Agreement on shortened
notice and, if appropriate, to consummate the sale of the Lacon
Property to the Purchaser.

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

   http://bankrupt.com/misc/Lawrence_Fromelius_316_Sales.pdf

The Purchaser:

          GALENA ROAD GARVEL, INC.
          4520 Main Street, Suite 1500
          Kansas City, MO 64111
          Attn: Peter Powell
          E-mail: pep@phrholdings.com

The Purchaser is represented by:

          Michael J. Adrian, Esq.
          LATHROP & GAGE LLP
          Pierre Laclede Center
          7701 Forsyth Boulevard, Suite 500
          Clayton, Missouri 63105
          Telephone: (314) 613-2832
          Facsimile: (314) 613-2801
          E-mail: madrian@lathropgage.com

                   About Lawrence Fromelius

Lawrence D. Fromelius filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 15-22373) on June 29, 2015.  The Debtor tapped William J.
Factor, Esq., Ariane Holtschlag, Esq., and Jeffrey K. Paulsen,
Esq., at FactorLaw, as counsel.

L. Fromelius Investment Properties LLC filed a Chapter 11 petition
(Bankr. N.D. Ill. Case No. 15-22943) on July 2, 2015, and Golden
Marina Causeway LLC filed for relief under Chapter 11 (Bankr. N.D.
Ill. Case No. 16-03587) on Feb. 5, 2016.

Mr. Fromelius is the sole member of Investment Properties.  He is
also the sale member of East Greenfield Investors LLC, which in
turn is the sole member of Golden Marina Causeway LLC.  On Nov. 24,
2015, Lawrence Fromelius filed his initial plan of reorganization
and on Dec. 1, 2016, Investment Properties filed its initial plan
of reorganization.  Both of the plans have been amended to
incorporate changes requested by creditors, including the Ann Marie
Barry Trust, which has filed a claim of approximately $6 million.
Currently, the Debtors and the Ann Marie Barry Trust are
negotiating the terms of a disclosure statement to accompany the
plans.

Golden Marina owns two parcels of real estate, located at 302 and
311 East Greenfield Avenue in Milwaukee, Wisconsin.  The parcel at
311 E. Greenfield consists of 47 acres and the smaller parcel at
302 E. Greenfield is approximately 1 acre.

On Aug. 8, 2017, the Court appointed At World Properties, LLC, as
broker for the Debtor.

On Oct. 3, 2017, the Court entered an order confirming the Debtor's
Third Amended Plan of Reorganization dated Feb. 7, 2017, as amended
May 12, 2017.


LEVERETTE TILE: Cabinet Depot Buying All Assets for $370K
---------------------------------------------------------
Leverette Tile, Inc., doing business as Leverette Home Design
Center, asks the U.S. Bankruptcy Court for the Middle District of
Florida to authorize the bidding procedures in connection with the
sale of substantially all assets to Cabinet Depot, LLC or its
assigns for $369,338.

The Debtor has determined that it can no longer operate as a going
concern as it is not generating enough income to continue to
operate and pay debt service in the normal course.  On Dec. 20,
2017, it filed an Expedited Motion to Liquidate.  On Jan. 10, 2018
and on Feb. 22, 2018, the Court held hearings on the Motion to
Liquidate and granted the motion in part.  The Court has scheduled
a continued hearing on the Motion to Liquidate for March 22, 2018
at 2:00 p.m.

The Debtor has secured a Buy and Sell Agreement for the sale of
substantially all of its assets.  The prospective purchaser is
Cabinet Depot or its assigns, and consists of a total purchase
price of $369,338, which is comprised of a cash component of $
$271,688 and an additional $97,650 in future payments under a
payment plan for assumed liabilities of vehicle loans and unsecured
creditors.

Based on the Debtor's business judgment, the Cabinet Depot Purchase
Agreement is fair and the highest and best offer received to date.
It believes that its highest and best value will be generated
through either an immediate sale to Cabinet Depot or an auction of
essentially all of its assets.

Subject to the conditions set forth elsewhere in the Motion, the
Debtor asks authority to sell its Assets to Cabinet Depot pursuant
to the terms of the Purchase Agreement.  If another bidder timely
submits a higher and better offer than the Debtor requests
authority to sell to the Higher Bidder with the Cabinet Depot
Purchase Agreement as a backup contract.

As outlined, the Higher Bidder must adhere to the Court Authorized
bid procedures in order to be eligible to bid.  Through the Motion,
the Debtor asks that the Court schedules a preliminary hearing to
enter an order that, among other relief requested, establishes the
bid procedures, establishes reasonable buyer protection and
essentially sets forth the "ground rules" for the purchase of the
Assets.  Among other things, the Debtor will seek the following
terms and conditions:

     a. "AS-IS": The Assets will be sold "As-Is" with no
representations or warranties of any kind, except those relating to
the Debtor's conveyance of good and marketable title, free and
clear of liens, claims, and encumbrances.  All liens and
encumbrances will be transferred to the sale proceeds.

     b. The sale of the Assets will be subject to the same terms
and conditions as the Purchase Agreement except as modified by
Court Order.

     c. Deposit: At the time a bidder is determined to be eligible,
the bidder will deposit with the Debtor's counsel a deposit of
$10,000.  The Deposit will be made payable to the Johnson Pope
Bokor Ruppel & Burns, LLP and will then be held in an interest
bearing, non-IOTA account by the Debtor's bankruptcy counsel.

     d. Breakup fees, bid increments etc.: The Debtor will seek
reasonable and typical buyer protection and incentives which will
be discussed at the preliminary hearing and incorporated into an
Order.

     e. Closing: The closing of any sale of the Assets would occur
not later than 30 days after the Court's entry of the Final Sale
Order.  The Debtor will be authorized to execute any releases and
other documents necessary to clear title to the property where an
interest-holder refuses to do so.

     f. Additional Terms: The sale of the Assets will be
consummated by delivery to the purchaser of all appropriate and
required closing documents in exchange for the balance of the
Purchase Price, and will be on such additional terms as are typical
of transactions of this type. Sale Proceeds will be net of closing
costs, including filing fees, brokers' commissions, title insurance
costs and attorneys' fees and expenses will be deducted first from
the proceeds of the sale.

Pursuant to the Purchase Agreement, the Debtor will also assume
and/or assign to the Purchaser certain prepetition executory
contracts to which the Debtor is a party and which have not yet
been assumed by the Debtor in the case and certain contracts,
leases and obligations entered into by the Debtor after the
commencement of the case, which Contracts have been designated by
the Purchaser in the Purchase Agreement.

The Debtor's request that any lessor or other party to any Contract
to be assumed and/or assigned to the Purchaser that objects to,
and/or asserts any cure claims, defaults or any other claims
against the Debtor in connection with, the proposed assumption
and/or assignment must file on or before the Bid Deadline.

If necessary, based upon liens and encumbrances, the Debtor asks
that the Court finds that any court approved sale either to Cabinet
Depot or by auction will determine the value of the Assets sold.
The valuation will also determine the secured status of any liens
or encumbrances.  All proceeds will be deposited into a non-IOTA
interest bearing trust account.

The proposed sale is supported by sound business justifications.
Absent a sale, the value of the business will decline.  The sale
will preserve jobs and spare the Debtor's employees and their
families from the hardship and dislocation that will result if the
Debtor is forced to cease its operations.

Additionally, the Debtor asks that the Court fixes the time for
objections to the proposed sale of the Assets in advance of the
Final Sale Hearing pursuant to Fed.R.Bankr.P. 6004(b) or to such
other time as the Court deems reasonable.  Due to the exigent
circumstances of the case, the fixing at this time of procedures
for the sale of the Debtor's assets is essential and necessary.
Certainly, the relief sought would be greater value if granted
immediately.

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

   http://bankrupt.com/misc/Leverette_Tile_125_Sales.pdf

The Purchaser:

          THE CABINET DEPOT LLC
          420 Palisado Ave.
          Windsor, CT 06095

                      About Leverette Tile

Leverette Tile, Inc., based in Hudson, Florida, is a kitchen and
bath remodeling contractor and a granite countertop and cabinet
fabricator.  Leverette Tile filed a Chapter 11 petition (Bankr.
M.D. Fla. Case No. 17-07840) on Sept. 5, 2017.  Brian Leverette,
president, signed the petition.  The Debtor estimated $100,000 to
$500,000 in assets and $1 million to $10 million in liabilities as
of the bankruptcy filing.  Alberto F. Gomez, Jr., Esq., at Johnson
Pope Bokor Ruppel & Burns, LLP, serves as bankruptcy counsel to the
Debtor.  An official committee of unsecured creditors has not yet
been appointed in the Chapter 11 case.


MACOM TECHNOLOGY: S&P Lowers CCR to 'B' on Operating Weakness
-------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Lowell,
Mass.-based MACOM Technology Solutions Holdings Inc. to 'B' from
'B+'. The outlook is stable.

S&P said, "We also lowered the issue-level rating on the company's
first-lien secured term loan to 'B' from 'B+'. The recovery rating
remains '3', indicating our expectation of average (30%-50%;
rounded estimate: 50%) recovery in the event of payment default."

The downgrade on MACOM Technology Solutions follows the company's
first quarter fiscal 2018 earnings results, which were sharply
affected by weak demand from key Chinese communications
infrastructure customers. Revenues declined 21% sequentially,
following the previous quarter's 14% sequential decline, led by its
telecom segment's revenue declines of 39% year over year. Adjusted
EBITDA declined 63% from the prior quarter, to approximately $17
million, stemming mostly from product mix as high-margin product
demand was pushed out, and higher research and development (R&D)
spending--partly resulting from earlier-than-expected
commercialization of generative adversarial networks (GaN) on
Silicon wireless amplifier and L-PIC transceiver programs.

The outlook on Lowell, Mass.-based high-performance optical, RF,
and analog semiconductor products manufacturer MACOM Technology
Solutions Inc. is stable, reflecting S&P Global Ratings'
expectation that recovering optical networking component demand
will support improvement of adjusted leverage to below 6x over the
next 12 months.

S&P said, "We could lower the rating if communications
infrastructure spending fails to recover, or commercialization and
adoption of critical growth technologies such as GaN on Silicon or
L-PIC is further delayed, such that leverage becomes sustained
above 6x. Alternatively, additional debt-financed acquisitions that
would cause leverage to raise over 6x could potentially lead to a
downgrade.

"While unlikely over the next 12 months, we could consider an
upgrade if telecommunications investment spending experiences a
sustainable recovery and ASP's for optical networking components
remain sufficiently stable to support a rebound in MACOM's telecom
and datacenter businesses such that leverage subsides and remains
below 4x."


MANITOWOC COMPANY: Moody's Hikes CFR to B3; Outlook Stable
----------------------------------------------------------
Moody's Investors Service upgraded the ratings of The Manitowoc
Company, Inc. (Manitowoc), with the Corporate Family Rating (CFR)
to B3 from Caa1 and the second lien notes initially issued at MTW
Cranes Escrow Corp to B3 from Caa1, and Probability of Default
Rating (PDR) to B3-PD from Caa1-PD. The company's Speculative Grade
Liquidity (SGL) rating was affirmed at SGL-3. The rating outlook is
stable.

RATINGS RATIONALE

The upgrade of Manitowoc's ratings reflects expectations of
improving credit metrics, with debt to EBITDA of 5.4 times and
EBITA to interest of 0.8 times in 2017 compared to 10.2 times and
-0.2 times in 2016 (on a Moody's adjusted basis), respectively.
Manitowoc's revenue is expected to grow in 2018 following multiple
years of contraction, as many of the company's key end markets for
heavy duty cranes have improved. Revenue growth is supported by
strong orders and backlog results in Q4 2017, both of which
increased by over 70% compared to Q4 2016. The company has offered
new products which accounted for more than 40% of Q4 2017 revenue.
The EBITA margin grew to 2.7% in 2017 from a loss in 2016 (on a
Moody's adjusted basis), and Moody's expects continuing margin
expansion in 2018 as a result of plant consolidation and headcount
reduction. However, significant margin expansion will remain slow
to materialize until plant utilization levels improve materially.
The expected margin expansion excludes the effect of a possible 25%
tariff on steel imported to the US, although such a tariff is
unlikely to hurt Manitowoc's market share as its domestic
competitors are likely to be affected similarly. With better
profitability and initiatives that allow capital expenditures to be
cut, free cash flow should improve over time although stay negative
in 2018 because of working capital build up.

The stable rating outlook reflects expectations for earnings growth
and earnings driven de-leveraging going forward, which are
supported by Manitowoc's commitment to further reduce costs and
improve margins. The recent surge in new orders and backlog
provides good revenue visibility in 2018. The stable outlook also
incorporates the view that the proposed 25% tariff on steel will
not materially impact Manitowoc's operations.

The SGL-3 liquidity rating reflects expectations for adequate
liquidity. In 2017 Manitowoc generated $49 million of free cash
flow, largely attributable to inventory conversion and other
working capital improvements. However, Moody's expects negative
free cash flow in 2018 due to an increase in working capital
requirement. Nevertheless, Moody's expect that the $119 million of
cash holdings at year-end 2017, together with good availability
under its $225 million ABL revolving credit facility due 2021 to
support the company's liquidity needs through the next twelve
months. The ABL facility is subject to a springing financial
maintenance covenant of 1 times fixed charge ratio test.

The ratings could be downgraded if debt to EBITDA is expected to
increase to over 6.25 times or if EBITDA to Interest is expected to
remain under 1.0 times for 4 quarters. Continued deterioration in
the company's liquidity, especially restricted access to its ABL
facility such as a covenant becomes effective, would also
contribute to a downgrade.

The ratings could be upgraded if debt to EBITDA is expected to be
in the low 5 times range and trending lower, and EBITDA coverage of
interest of over 2.0 times and deemed to be on an improving
trajectory. A meaningful and sustained improvement in crane sales
and margins, along with strong working capital management, would
also be supportive of positive ratings action.

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

The Manitowoc Company, Inc., headquartered in Milwaukee, WI, is a
leading provider of engineered lifting equipment for the global
construction industry, including lattice-boom cranes, tower cranes,
mobile telescopic cranes and boom trucks. The company has three
reportable segments based on region, the Americas, Europe and
Africa and Middle East and Asia Pacific. Manitowoc's 2017 total
combined revenues were approximately $1.6 billion.

The following summarizes rating action:

Moody's upgraded the following ratings:

Issuer: Manitowoc Company, Inc. (The)

Corporate Family Rating, B3 from Caa1;

Probability of Default Rating, B3-PD from Caa1-PD;

Senior Secured Regular Bond/Debenture, B3 (LGD3) from Caa1
(LGD4).

Moody's affirmed the following ratings:

Issuer: Manitowoc Company, Inc. (The)

Speculative Grade Liquidity Rating, SGL-3.

Outlook:

Issuer: Manitowoc Company, Inc. (The)

The rating outlook is stable.


MCDERMOTT INT'L: S&P Rates $2.15BB Term Loan Due 2025 'BB-'
-----------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '2'
recovery rating to McDermott International Inc.'s proposed senior
secured $2.15 billion term loan due 2025 co-issued by McDermott
Technology (Americas) Inc., McDermott Technology (US) Inc., and
McDermott Technology B.V. The '2' recovery rating indicates S&P's
expectation for substantial recovery (70%-90%; rounded estimate:
75%) of principal in the event of a payment default.

S&P said, "At the same time, we assigned our 'B-' issue-level
ratings and '6' recovery ratings to the company's proposed $950
million senior unsecured notes due 2024 and $550 million senior
unsecured notes due 2026, co-issued by McDermott Technology
(Americas) Inc. and McDermott Technology (US) Inc. The '6' recovery
rating indicates our expectation for negligible recovery (0%-10%;
rounded estimate: 0%) of principal in the event of a payment
default."

In December 2017, McDermott announced an agreement to combine with
energy industry infrastructure and technology provider, Chicago
Bridge & Iron Company N.V. (CB&I) in an all-stock transaction.
McDermott plans to use proceeds from the proposed term loan and
notes to refinance the existing debt at CB&I, its own existing
debt, and synthetic letter of credit facility, as well as to pay
transaction fees and expenses. McDermott expects the transaction
will close in the second quarter of 2018.

S&P said, "We expect to affirm our 'B+' corporate credit rating on
McDermott and remove it from CreditWatch once the transaction
closes. We expect pro forma credit measures to deteriorate from
current levels, with 2018 adjusted debt to EBITDA around 5x and
free operating cash flow (FOCF)-to-adjusted debt in the
low-single-digit percent range. However, we believe this is offset
by the improvement in the company's business risk, as the planned
transaction would increase the company's scale and provide
additional diversity, as a vertically integrated onshore-offshore
provider with broader capabilities."

Issue Ratings--Recovery Analysis

Key analytical factors

-- S&P assigned its 'BB-' issue-level rating and '2' recovery
rating to the company's proposed senior secured term loan. S&P also
assigned its 'B-' issue-level rating and '6' recovery rating to the
company's proposed unsecured notes."

-- S&P's simulated default scenario contemplates a default
following a period of slowdown in the oil and gas exploration
services along with a significant loss-making contract in the
company's portfolio.

-- S&P believes McDermott would most likely file for
reorganization in the U.S. and emerge as a going concern.

-- S&P assumes the proposed letter of credit (LOC) facility is 50%
drawn in its default scenario.

Simulated default assumptions

-- Simulated year of default: 2022
-- EBITDA at emergence: $610 million
-- EBITDA multiple: 5x

Simplified waterfall

-- Net enterprise value (after 5% admin. exp.): $2.9 billion
-- Collateral value available to first lien debt: $2.8 billion
-- Secured first-lien debt claims: $3.69 billion
    --Recovery expectations: 70%-90% (rounded estimate: 75%)
-- Collateral value available to senior unsecured claims: $0
-- Senior unsecured claims: $2.452 billion
    --Recovery expectations: 0%-10% (rounded estimate: 0%)

Note: All debt amounts include six months of prepetition interest.
Collateral value equals asset pledge from obligors after priority
claims plus equity pledge from nonobligors after nonobligor debt.

Ratings List

  McDermott International Inc.
   Corporate Credit Rating               B+/Watch Neg/--

  New Ratings
  McDermott Technology (Americas) Inc.
  McDermott Technology (US)   Inc. McDermott Technology B.V.
  Senior Secured
    $2.15 bil term ln due 2025           BB-
     Recovery Rating                     2(75%)

  McDermott Technology (Americas) Inc.
  McDermott Technology (US) Inc.
   Senior Unsecured
    $950 mil sr nts due 2024             B-
     Recovery Rating                     6(0%)
    $550 mil sr nts due 2026             B-
     Recovery Rating                     6(0%)


MCDERMOTT TECHNOLOGY: Moody's Assigns Ba3 CFR; Outlook Stable
-------------------------------------------------------------
Moody's Investors Service assigned a Ba3 corporate family rating
and a Ba3-PD probability of default rating to McDermott Technology
(Americas), Inc. (McDermott). Concurrently, Moody's assigned Ba2
ratings to the company's proposed senior secured credit facilities,
including a $1.0 billion revolving credit facility and a $2.15
billion term loan, and a B2 rating to the proposed $1.5 billion of
senior unsecured notes. Moody's also assigned a speculative grade
liquidity rating of SGL-2. The rating outlook is stable. The
ratings have been assigned pending final legal documentation for
these borrowings and the completion of the combination of McDermott
International Inc.with Chicago Bridge & Iron Company N.V. (CB&I).
The ratings for McDermott International, Inc. remain under review
for upgrade and will be withdrawn after the merger with CB&I is
completed.

"McDermott's ratings reflect the upside earnings potential and the
size and diversification benefits it will gain from the combination
with CB&I, while also acknowledging the risks related to merging
two sizeable organizations, especially considering the recent
performance issues at CB&I" said Michael Corelli, Moody's Vice
President -- Senior Credit Officer and lead analyst for McDermott
Technology (Americas), Inc.

Assignments:

Issuer: McDermott Technology (Americas), Inc.

-- Probability of Default Rating, Assigned Ba3-PD

-- Speculative Grade Liquidity Rating, Assigned SGL-2

-- Corporate Family Rating, Assigned Ba3

-- Gtd Senior Secured Bank Credit Facilities, Assigned Ba2 (LGD3)

-- Senior Unsecured Regular Bonds/Debentures, Assigned B2(LGD5)

Outlook Actions:

Issuer: McDermott Technology (Americas), Inc.

-- Outlook, Assigned Stable

RATINGS RATIONALE

McDermott and CB&I (unrated) have agreed to combine in an all-stock
transaction, which has been approved by the Boards of both
companies and is expected to be completed in the second quarter of
2018. It remains subject to certain foreign regulatory approvals,
approval by McDermott's and CB&I's shareholders and other customary
closing conditions. Upon completion of the transaction, McDermott
shareholders will own approximately 53% of the combined company and
CB&I shareholders will own approximately 47%. The estimated
enterprise value of the transaction is about $7 billion based on
the closing share price of McDermott on March 5, 2018.

The pro forma metrics of the combined companies will be weaker than
McDermott on a standalone basis, but still supportive of the
assigned Ba3 corporate family rating. McDermott announced its
intention to raise about $3.7 billion in debt to fund the
redemption of existing debt, pay transaction fees and support its
working capital and letters of credit requirements. Moody's
estimates the combined adjusted leverage ratio (debt/EBITDA) will
be in the range of 4.0x-5.0x and the interest coverage ratio
(EBITA/Interest Expense) around 2.0x-2.7x assuming adjusted EBITDA
of $800 million - $1.0 billion in 2018.

McDermott's rating also reflects the significantly larger scale,
broader geographic, end market and customer diversity and expanded
technical capabilities the company will gain from the combination
with CB&I. The combined company will have revenues of almost $10
billion and a backlog of $15.3 billion versus $3 billion in
revenues and a backlog of only $3.9 billion for McDermott as a
standalone entity. The companies also anticipate ample cross
selling opportunities with existing customers and potential cost
synergies of at least $250 million.

The rating is constrained by the recent performance issues at CB&I
and the risk they will continue in the future, as well as the high
exposure to fixed price contracts. It also reflects the risks
related to the integration of two sizeable and independent
companies serving different end markets. These risks are somewhat
tempered by McDermott's successful track record of bidding and
executing on fixed price contracts, strengthening customer
relationships and Moody's has assigned a speculative grade
liquidity rating of SGL-2 since controlling and reducing costs
under its current management team over the past four years.

Moody's has assigned a speculative grade liquidity rating of SGL-2
since McDermott is expected to have good pro forma liquidity
consisting of a sizeable cash balance and full availability on its
$1 billion revolving credit facility. Its liquidity could
strengthen in 2018 if it is able to temper the performance issues
and reduce the working capital investments at CB&I, since McDermott
is expected to generate positive free cash flow on a standalone
basis in 2018.

The stable outlook presumes the company will produce annualized
adjusted EBITDA in the range of $800 million - $1.0 billion over
the next 12 to 18 months and result in credit metrics that are
appropriate for the Ba3 rating.

The ratings are not likely to experience upward pressure in the
short term considering the uncertainties around the integration of
the two organizations and demonstrating a materially improved
operating performance at the legacy CB&I operations. However, an
upgrade is possible if the company successfully integrates CB&I and
reduces its leverage ratio to below 3.5x and raises its interest
coverage ratio above 3.5x.

Negative rating pressure could develop if weaker than expected
operating results and cash flow result in the leverage ratio being
sustained above 5.0x or the interest coverage ratio below 2.25x. A
significant reduction in borrowing availability or liquidity could
also result in a downgrade.

McDermott Technology (Americas), Inc., is an operating subsidiary
of McDermott International, Inc. McDermott is a full-service
integrated engineering and construction company that provides
engineering, procurement, construction and installation (EPCI) and
module fabrication services exclusively to the upstream offshore
oil & gas sector. Its customers include national, major integrated
and other oil and gas companies. During the twelve months ended
December 31, 2017 the company reported revenues of $3.0 billion and
had a backlog of $3.9 billion, with about 58% of the backlog in The
Middle East (MEA), 30% in the Americas, Europe and Africa (AEA) and
12% in Asia (ASA). McDermott has entered into an agreement to merge
with Chicago Bridge & Iron Company N.V. (CB&I), which provides
conceptual design, engineering, procurement, fabrication,
modularization, construction, commissioning and technology services
to customers in the energy infrastructure market. It generated
revenues of $6.7 billion during the twelve months ended December
31, 2017 and had a backlog of $11.4 billion, with approximately 70%
of the backlog in the United States.


MCHYL ENTERPRISES: Seeks Authority to Use Cash Collateral
---------------------------------------------------------
MCHYL Enterprises, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Middle District of Florida to use cash,
accounts receivable and other income derived from the Debtor's
operations to fund its operating expenses and costs of
administration in this Chapter 11 case for the duration of the
chapter 11 case.

In order for the Debtor to remain in business, it is imperative
that it have the use of the cash collateral. The Debtor says that
it must have access to and authorization to use cash collateral
which is necessary to avoid immediate and irreparable harm to the
Debtor's estate.  The cash collateral will be used to maintain
business operations and preserve value of the estate.  Among other
things, the Debtor proposes to use Cash Collateral in accordance
with the Budget for payment of necessary owner/operators,
employees, supplies, and ordinary business expenses related to its
operations.

The proposed 6-month Budget provides total expenses of
approximately $1,092,795 covering the months of March through
August 2018.

The Debtor believes that these creditors may claim blanket liens
against its assets: American Express Bank, FSB, which asserts claim
in the amount of $85,000; First Home Bank, which asserts claim in
the amount of $300,000; Synovus Bank, which asserts claim in the
amount of $98,000; Regents Capital Corporation, which asserts claim
in the amount of $5,500; and First Corporate Solutions
(collectively, the "Secured Creditors").

In addition, the following creditors hold first position liens on
specific assets of the Debtor: Geneva Capital, LLC holds a claim in
the amount of $10,000; Xerox Corporation holds a claim in the
amount of $800,000; Audi Financial Services holds a claim in the
amount of $17,500; and Lincoln Automotive Financial holds a claim
in the amount of $5,300.

The Debtor estimates that the collective claims of the Secured
Creditors are secured by $145,629.55 after deducting the first
position liens on the Geneva, Xerox, Audi and Lincoln Collateral.
The Secured Creditor Assets includes $34,269.55 in accounts
receivables which are less than ninety days old and the Debtor
expects to collect.

As adequate protection for the use of cash collateral, the Debtor
offers the Secured Creditors the following:

      (a) Post-petition replacement liens on the Secured Creditor
Assets to the same extent, validity and priority as existed
pre-petition;

      (b) The right to inspect the Secured Creditor Assets; and

      (c) Copies of monthly financial documents generated in the
ordinary course of business and other information as the Secured
Creditors reasonably request with respect to the Debtor's
operations.

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

          http://bankrupt.com/misc/flmb18-01594-5.pdf

                   About MCHYL Enterprises

MCHYL Enterprises, Inc., is a privately held company in Odessa,
Florida that provides printing and related support activities.
MCHYL Enterprises filed a Chapter 11 petition (Bankr. M.D. Fla.
Case No.), on March 1, 2018.  In the petition signed by Thomas A.
McLaren, president/CEO, the Debtor disclosed $425,929 in total
assets and $1,550,000 in total liabilities.  Buddy D Ford, Esq.,
and Jonathan A. Semach, Esq., at Buddy D. Ford, P.A., serve as the
Debtor's counsel.


MEI DEVELOPMENT: June 21 Chapter 727 Claims Bar Date Set
--------------------------------------------------------
A petition commencing an Assignment for the Benefit of Creditors,
pursuant to Chapter 727, Florida Statutes, was made by MEI
Development Corporation and The MEI Healthcare Group, LLC, as
Assignor, on February 21, 2018, to Philip J. Von Kahle of Michael
Moecker & Associates, Inc., as Assignee.

The Assigner is headquartered at 11772 West Sample Road, Coral
Springs, Florida 33065.

The Assignee has offices at 1883 Marina Mile Blvd., Suite 106, Fort
Lauderdale, Florida, 33315.

Pursuant to Section 727.105, Fla, Stat., no proceeding may be
commenced against Assignee except as provided in Chapter 727, and
excepting the case of a consensual lien holder enforcing its rights
in personal property or real property collateral, there shall be no
levy, execution, attachment or the like, in connection with any
judgment or claim against assets of the Estate, in the possession,
custody or control of Assignee.

To receive any distribution in this proceeding, interested parties
must file on or before June 21, 2018, a proof of claim with:

     Philip J. Von Kahle, Assignee
     MICHAEL MOECKER & ASSOCIATES, INC.
     1883 Marina Mile Blvd., Suite 106
     Fort Lauderdale, Florida , 33315

The cases are MEI DEVELOPMENT CORPORATION, THE MEI HEALTHCARE
GROUP, LLC, Case Nos. CACE-18-004050 (25), and CACE-18-004030 (12),
in the CIRCUIT COURT OF THE 17TH JUDICIAL CIRCUIT IN AND FOR
BROWARD COUNTY, FLORIDA COMPLEX BUSINESS AND TORT DIVISION.


MIAMI INTERNATIONAL: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: Miami International Medical Center, LLC
           dba The Miami Medical Center
        5959 NW 7 St
        Miami, FL 33126

Type of Business: The Miami Medical Center is a 67-bed hospital
                  located at 5959 N.W. Seventh St. Miami, Florida.
                  The Hospital temporarily suspended all health
                  care services effective Oct. 30, 2017.  V

                  http://www.miamimedicalcenter.com/

Chapter 11 Petition Date: March 9, 2018

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

Case No.: 18-12741

Judge: Hon. Laurel M Isicoff

Debtor's Counsel: Peter D. Russin, Esq.
                  MELAND RUSSIN & BUDWICK, P.A.
                  200 S Biscayne Blvd. #3200
                  Miami, FL 33131
                  Tel: (305) 358-6363
                  Fax: (305) 358-1221
                  E-mail: prussin@melandrussin.com

Debtor's
Claims
Agent:            TRUSTEE SERVICES, INC.

Total Assets: $21.39 million

Total Liabilities: $67.27 million

The petition was signed by Jeffrey Mason, chief administrative
officer.

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

         http://bankrupt.com/misc/flsb18-12741.pdf

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Akerman LLP                         Professional          $285,945
350 East Las Olas Blvd.               Services
Ste 1600
Fort Lauderdale, FL 33301

Aramark Healthcare                     Services         $1,442,889
Support Services, LLC                  Provided
c/o Jonathan L. Swichar, Esq.
Duane Morris LLP
30 S 17 St
Philadelphia, PA
19103-4196

Arthrex                           Medical Supplies        $407,580
1370 Creekside Blvd                   Purchased
Naples, FL 34108

Cardinal Health                   Medical Supplies      $1,211,985
Medical Products & Serv               Purchased
PO Box 905867
Charlotte, NC
28290-5867

Daniel T Alfonso MD                 Convertible           $227,611
12401 Pine Needle Ln                   Notes
Miami, FL 33156

Florida Department of Revenue      Sales and Use          $187,321
5050 W Tennessee St                    Tax
Tallahassee, FL 32399

Johnson and                      Medical Supplies         $246,261
Johnson Healthcare                  Purchased
PO Box 406663
Atlanta, GA 30384

LDR                              Medical Supplies         $346,375
13785 Research Blvd, Ste 200        Purchased
Austin, TX 78750

Lifecell Corporation             Medical Supplies         $309,091
One Millennium Way                  Purchased
Somerville, NJ 08876

Miami Anesthesia                    Services              $802,608
Services LLC                        Provided
3716 NE 208 Ter
Miami, FL 33180

Molina Inpatient                    Services              $145,800
Service Inc                         Provided
151 N Nob Hill Rd, Ste 306
Fort Lauderdale, FL 33324

nThrive Inc                         Services              $200,000
PO Box 733492                       Provided
Dallas, TX
75373-3492

Nuvasive                        Medical Supplies          $481,556
7475 Lusk Blvd                     Purchased
San Diego, CA 92121

OHL-Arellano                     Final Award            $1,459,886
Construction                    in Arbitration
Company
7051 SW 12 St
Miami, FL 33144

One Blood Inc                      Services               $158,422
8869 Commodity Cir                 Provided
Orlando, FL 32819

Roberto A. Miki, MD              Convertible              $227,611
6301 SW 110 St                      Notes
Pinecrest, FL 33156

Specialty Care, Inc.              Services                $237,358
Dept 1614                         Provided
PO Box 11407
Birmingham, AL
35246-1614

Stryker Instruments           Medical Supplies            $162,024
4100 E Milham Ave                purchased
Kalamazoo, MI 49001

Stryker Orthopedics           Medical Supplies            $187,584
325 Corporate Dr                 purchased
Mahwah, NJ 07430

Univ of Miami Miller             Services                 $493,888
UMDC Dept of                     Provided
Pathology
PO Box 405776
Atlanta, GA 30384


MICHAEL KALFUS: Corteses Buying Boonton Property for $849K
----------------------------------------------------------
Michael and Robin Kalfus ask the U.S. Bankruptcy Court for the sale
of the real property they jointly owned located at 68 Hillcrest
Road, Boonton Township, New Jersey to John and Margaret Cortese for
$849,000, subject to higher or better offers.

A hearing on the Motion is set for March 27, 2018 at 10:00 a.m.

The Debtors’' case was commenced on the eve of a foreclosure sale
concerning the Property.  Prior to the Petition Date, they listed
the Property for sale and retained Keller Williams-Metropolitan to
assist with the sale of the Property.

The Property is a single family contemporary home and was marketed
on more than two-hundred websites.  It was originally listed for
$1.1 million with a previous realtor, but was subsequently reduced
to $889,000 following the retention of Keller Williams in September
2017.  Since September 2017, the listing price was lowered once,
and the realtor held five public open houses and one realtor broker
open house.  It was shown to approximately 25 qualified buyers.  

Following a three-month period, the Debtor received three offers.
The first offer was for $820,000 which was contingent on the sale
of another property.  The second offer was for $820,000 which was
contingent on the sale of another property.  The third, which is
the current offer, was for $849,000.  

Subject to Court authorization, the Debtors have entered into a
Purchase Agreement of Sale for Real Estate to purchase the Property
for a purchase price of $849,000 with the Purchasers free and clear
of any and all liens, claims or interests.  The Purchase Agreement
and the sale to the Purchaser are contingent upon and subject to
the Court's approval.

The pertinent terms of the Purchase Agreement are:

     a. The Purchase Agreement provides for a $849,000 purchase
price with no initial deposit and an additional deposit of $30,000
due two weeks from the contract date.

     b. The closing is anticipated to occur within 30 days of
Bankruptcy Court approval.

     c. The performance of Purchaser is contingent on obtaining of
a mortgage commitment in the amount of $676,720.  The balance of
the purchase will be due at closing.

     d. All representations made by the Seller in the Purchase
Agreement, any riders or addenda to the Purchase Agreement, and any
attorney review letters are made to the best of the Seller's
knowledge, information and belief and will not survive closing of
title.  The Seller specifically makes no representations regarding
the Property which pertain to any time prior to Seller's ownership
of the Property.

     e. The Seller assumes risk of loss or damage to the subject
premises by fire or otherwise until closing.  In case the premises
should suffer damage beyond normal wear and tear, the Seller will
repair or agree to provide at closing an agreed upon amount of a
credit for said damage prior to closing.  In the case where the
cost of repairs exceeds 10% of the purchase price, the parties may
attempt to negotiate a resolution and if one cannot be made, either
party may cancel the Purchase Agreement and all deposit monies will
be returned.

     f. All waivers must be in writing.  Any deposit monies paid by
or on behalf of Buyer will be refunded in full to Buyer should
either party declare the Purchase Agreement null and void in
conformity with the Purchase Agreement.  In the event one of the
parties to this agreement will default, the other party will have
such remedies as may be provided by law and equity.

     g. The Purchase Agreement will be construed, interpreted and
enforced pursuant to the laws of the State of New Jersey.

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

     http://bankrupt.com/misc/Michael_Kalfus_12_Sales.pdf

The Property may be encumbered by certain other liens as set forth
in detail in the title report.  Liens that may encumber the
Property include: (a) any and all unpaid property taxes in amount
of $4,104; (b) mortgage lien owed to Haven Savings Bank in the
amount of $655,862; (b) mortgage lien owed to First Constitution
Bank in the amount of $32,907; (d)  the IRS secured lien, in the
amount $86,113; (e) judgments docketed with the Superior Court of
New Jersey: (i) Lakeland Bank – Judgment No.: J-001873-2017 -
$23,478; (ii) Division of Taxation – Judgment No.: DJ-05891-2017
- $47,361; (iii) Albert Kenney – Judgment No.: DJ-104305-2017 -
$50,000; (iv) Dixon Bros – Judgment No.: DJ-135900-2017 - $7,771;
and (v) Albert Kenney – Judgment No.: CV-001059-2012 - $50,000.

The Debtors respectfully ask that the Realtor and real estate
counsel be paid from the proceeds without separate application, and
further asks that the Debtors; the counsel reserve in escrow
$25,000 from the sale proceeds, subject to approval of the
counsel's fee application.

The Debtors assert that given the goal by the parties in this case
to sell the Property and bring the case to conclusion in the short
term, there is cause to waive the stay and the Debtors ask that
upon approval of the sale, the 14-day period pursuant to Rule
6004(h) be waived by the Court.

Proposed Counsel for Debtors:

          Guillermo J. Gonzalez, Esq.
          SCURA,WIGFIELD, HEYER,
          STEVENS&CAMMAROTA, LLP
          1599 Hamburg Turnpike
          Wayne, New Jersey 07470
          Telephone: (973) 696-8391

Michael Kalfus and Robin Kalfus sought Chapter 11 protection
(Bankr. D.N.J. Case No. 18-13396) on Feb. 22, 2018.  The Debtors
tapped John J. Scura, III, Esq., at Scura, Heyer & Stevens, LLP, as
counsel.


MICHAEL LEVITZ: Proposes Sale of Seattle Vacant Parcel for $600K
----------------------------------------------------------------
Michael D. Levitz asks the U.S. Bankruptcy Court for the Western
District of Washington to authorize the sale of a vacant parcel
located at 305 Erie Avenue, Seattle, Washington, King County tax
parcel number 982920-0390, to Dean I. Yonev and Ralitsa G. Mandeva
and/or assigns for $600,000.

A hearing on the Motion is set for March 23, 2018 at 9:30 a.m.  The
objection deadline is March 16, 2018.

Mr. Levitz resides at 3718 E. Alder Street, Seattle, Washington,
which has the King County tax parcel number 982920-0385.
Immediately adjoining this lot is the Vacant Parcel.  The legal
description for the Vacant Parcel is included in the title report
attached to the accompanying declaration of realtor Sandy Eagon.  

As detailed on the accompanying declaration of Michael Levitz,
originally the Residence and the Vacant Parcel were one parcel.
This was the case when Chevy Chase Bank issued its loan in 2004, as
evidenced by the fact that its deed of trust includes only the tax
parcel number for the Residence.

In the intervening years, Mr. Levtiz undertook efforts to split his
land into two parcels to increase the value, including demolishing
a carport structure in 2009 that stood on the Vacant Parcel,
grading of the Vacant Parcel, and applying to split the Vacant
Parcel into its own lot.

Mr. Levitz hired realtor Sandy Eagon to list the Vacant Parcel for
sale and also to conduct market analyses of the two properties.  As
set forth on those market analyses, his actions along with the
recent growth in the real estate market have led to an increase in
the total value of the two lots to approximately $1.275 million.
The details of the offers that have been received as a result of
listing the Vacant Parcel are set forth in detail on the
accompanying declaration of Sandy Eagon.  The highest offer was for
$625,000, and based on that fact, plus the fact that it appears to
be from strong buyers, the Debtor believes this is the superior
offer.

As detailed on Mr. Levitz's declaration, he had previously found an
interested buyer, JRM Builders, LLC, and a purchase and sale
agreement had been entered into in January of 2015 for $515,000.
Unfortunately that sale was never able to close because the lender
at that time would not agree to sale of one of the parcels due to
the fact that a foreclosure sale was pending imminently.  For some
time the parties had hoped that that sale would be able to close
eventually, and so Mr. Levitz never returned the earnest money that
he received in the amount of $35,000.  On that basis, JRM Builders
has now filed a proof of claim in the bankruptcy case for $35,000.


Mr. Levitz would otherwise move forward with closing the sale with
this original buyer, but the value of the Vacant Parcel has
increased in the three years since that offer was made, such that
it no longer represents the fair market value and is therefore not
in the best interest of the estate.

There are several judgment liens against the property in favor of
the Debtor's ex-wife, Inesa Levitz.  Mr. Levitz believes that these
are paid in full and will seek to file satisfactions of judgment.
The title report also indicates a junior deed of trust in favor of
Ruth Moen.  The Debtor questions whether funds are still owed to
Ruth Moen, based upon the declaration received by the Debtor from
his ex-wife, Inesa Levitz, that the balance owed on attorney fees
has already been paid.  In any event, the senior deed of trust
purportedly held by U.S. Bank National Association as trustee for
Chevy Chase Funding, LLC mortgage backed certificates series
2005-1, claims it is owed $969,000, an amount which far exceeds the
proposed sale price.  Therefore, any claims by Inesa Levitz or Ruth
Moen are unsecured.  In this case, the senior deed of trust clearly
exceeds the value of the Vacant Parcel (even with Mr. Levitz's
asserted claims against the lender), leaving no equity for Ms.
Levitz' or Ruth Moen's liens to attach to.

By selling the Vacant Parcel, the Debtor will create equity in his
retained residence, giving him a homestead exemption and possibly
equity for junior secured claims, which would otherwise be left
unsecured without the sale of the Vacant Parcel.  Sale of the
Vacant Parcel is also consistent with Mr. Levitz's available
remedies as a Chapter 11 DIP.

The Debtor asks a sale free and clear of liens to the Buyers for
$600,000, with $25,000 as earnest money.  He would propose that any
amount remaining from sale after payment of normal closing costs be
held by escrow, the trust account of his counsel, or some other
designated account pending further order of the Court.  He has
proposed the holdback in order not to delay sale and thereby avoid
loss of value in the property to foreclosure and/or increasing
mortgage liens.

The Debtor notes that the sale proceeds by themselves, and without
any deduction from the amount owed on the first deed of trust for
his several claims against the lender, will more than pay the
accumulated arrears and bring the note current.  The equity created
by the sale in the Debtor's remaining residence for both the debtor
and his creditors will not be lost due to the threatened
foreclosure.

As detailed in the amended complaint filed in Mr. Levitz's related
adversary case, case number 18-01000, he has raised several claims
against the lender which he believes will reduce the amount owing
on the loan.  Therefore it is appropriate for the sale proceeds to
be held until those calculations have been determined by the Court.
Likewise, he believes there is a dispute with Ms. Moen as to
whether she is owed any funds.  He would like to investigate
further and present evidence to the Court.

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

           http://bankrupt.com/misc/Michael_Levitz_36_Sales.pdf

The Purchasers:

          Dean I. Yonev and
          Ralitsa G. Mandeva
          4217 32nd Ave. West
          Seattle, WA 98199
          E-mail: dyonev0963@gmail.com

Michael Dean Levitz sought Chapter 11 protection (Bankr. W.D. Wash.
Case No. 16-15200) on Nov. 30, 2017.  

Counsel for the Debtor:

          Jeffrey B. Wells, Esq.
          WELLS AND JARVIS, P.S.
          502 Logan Building
          500 Union Street
          Seattle, WA 98101-2332
          Telephone: (206) 624-0088
          Facsimile: (206) 624-0086



MILDRED DELI: Bankr. Court Allows FLSA Litigation to Proceed
------------------------------------------------------------
A motion for relief from the automatic stay for a Fair Labor
Standards Act litigation pending in the U.S. District Court for the
Southern District of New York was filed against Mildred Deli
Grocery, Inc., and non-debtors Colombia Nunez and Aurelia Medina.
The motion was filed on Jan. 29, 2018, by the plaintiffs in the
FLSA Litigation, comprised of Jesus Tecun, Manuel Cipriano Mejia,
Concepcion Sanchez Alonso, Cristina Gatica Luna, Lauro Garzon
Valencia, Miriam Pinos Buendia and all other similarly situated
employees and former employees of the defendants. The Debtor filed
an opposition to the motion.

Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern
District of New York granted the motion effective 60 days from the
date of this Opinion.

The Bankruptcy Code imposes an automatic stay of nearly all
litigation against the debtor. But a party in interest can seek
relief from this automatic stay "for cause." The Bankruptcy Code
does not define the phrase "for cause," and in determining whether
"cause" exists to lift the stay for prepetition litigation, courts
consider the Sonnax Factors:

   * whether relief would result in a partial or complete
resolution of the issues,

   * the lack of any connection with or interference with the
bankruptcy case,

   * whether the other proceeding involves the debtor as a
fiduciary,

   * whether a specialized tribunal with the necessary expertise
has been established to hear the cause of action,

   * whether the debtor's insurer has assumed full responsibility
for defending the action,

   * whether the action primarily involves third parties,

   * whether litigation in another forum would prejudice the
interests of other creditors,

   * whether the judgment claim arising from the other action is
subject to equitable subordination,

   * whether movant's success in the other proceeding would result
in a judicial lien avoidable by the debtor,

   * the interests of judicial economy and the expeditious and
economical resolution of litigation,

   * whether the parties are ready for trial in the other
proceeding, and

   * the impact of the stay on the parties and the balance of
harms.

The Movants have established sufficient cause to lift the automatic
stay. While the automatic stay generally affords the debtor
breathing room essential for the debtor to make a fresh start and
assure creditors receive equitable distribution of the debtor's
assets, the facts here weigh in favor of granting relief from the
stay. The pending FLSA Litigation raises serious issues concerning
the Debtor and the Non-Debtor Defendants. The case was trial ready
when the bankruptcy case was filed. Permitting the trial to proceed
will allow the amount of the claim, if any, against the Debtor to
be fixed.

The Movants may not take any action to recover any judgment from
the Debtor if they are successful in the pending litigation;
recovery on any judgment will have to await completion or dismissal
of the Debtor's bankruptcy case. The Court will, however, delay the
effectiveness of the Order lifting the stay for 60 days, to allow
the Debtor to either resolve the case by proposed settlement, or
prepare to defend the case at trial. Scheduling of the trial is
obviously for the District Court to decide.

The Court concludes that Sonnax Factors 2, 4, and 10, in
particular, tip the scale in favor of permitting the FLSA
Litigation to proceed.

A full-text copy of Judge Glenn's Memorandum Opinion dated Feb. 28,
2018 is available at:

     http://bankrupt.com/misc/nysb18-10077-19.pdf

Attorneys for FLSA Creditors:

     Joshua S. Androphy, Esq.
     MICHAEL FAILLACE & ASSOC., P.C.
     60 East 42nd Street, Suite 4510
     New York, NY 10165
     JAndrophy@Faillacelaw.com

Attorney for Debtor Mildred Deli Grocery, Inc.:

     Julio E. Portilla, Esq.
     LAW OFFICES JULIO E. PORTILLA, P.C.
     555 Fifth Avenue, 17th Floor
     New York, NY 10017

Mildred Deli Grocery, Inc. filed for chapter 11 bankruptcy
protection (Bankr. S.D.N.Y. Case No. 18-10077) on Jan. 10, 2018,
and is represented by Julio E. Portilla, Esq. of the Law Office of
Julio E. Portilla, P.C.


MOBILE DIAGNOSTIC: May 19 Chapter 727 Claims Bar Date Set
---------------------------------------------------------
A Petition was filed on Jan. 19, 2018, commencing an Assignment for
the Benefit of Creditors proceeding, pursuant to Chapter 727,
Florida Statutes, by Mobile Diagnostic Imaging, Inc., d/b/a MDI
Wellness Solutions, as Assignor, to Kenneth A. Welt, Assignee.

MDI has its principal place of business at 12555 Orange Drive,
Suite 101, Davie, Florida 33330.

Pursuant to Section 727.105, Fla. Stat., no proceeding may be
commenced against the Assignee except as provided in Chapter 727,
and excepting the case of a consensual lienholder enforcing its
rights in personal property or real property collateral, there
shall be no levy, execution, attachment or the like, in connection
with any judgment or claim against assets of the Estate, in the
possession, custody or control of the Assignee.

To receive any dividend in this proceeding, interested parties must
file on or before May 19, 2018, a proof of claim with:

     Kenneth A. Welt, as Assignee
     8201 Peters Road, #1000
     Plantation, Florida 33324

Attorneys for Assignee:

     BRETT D. LIEBERMAN, Esq.
     THOMAS M. MESSANA, Esq.
     MESSA NA, P.A.
     401 East Las Olas Boulevard, Suite 1400
     Fort Lauderdale, FL 33301
     Telephone: (954) 712-7400
     Facsimile: (954) 712-7401
     Email: blieberman@messana-law.com

The case is, In re: ASSIGNMENT FOR THE BENEFIT OF CREDITORS OF
MOBILE DIAGNOSTIC IMAGING, INC. d/b/a MDI WELLNESS SOLUTIONS,
Assignor, TO: KENNETH A. WELT, Assignee, Case No. CACE 18-001581,
IN THE CIRCUIT COURT OF THE 17TH JUDICIAL CIRCUIT IN AND FOR
BROWARD COUNTY, FLORIDA.


NEXT LISTING: Given Until Aug. 1 to File Plan of Reorganization
---------------------------------------------------------------
Judge Karen K. Brown of the U.S. Bankruptcy Court for the Southern
District of Texas has extended, at the behest of Next Listing, LLC
and Robert Allen Alcozer, the exclusivity to file their chapter 11
plan of reorganization.

The Debtor's current exclusivity ends April 30, 2018. Hurricane
Harvey and 8 weeks of rain have slowed down the recovery process in
this chapter 11 bankruptcy proceeding.  The Debtor said that April
30, 2018, is too soon for the Debtor, as well as the creditors to
determine how well the Debtor will recover, and it would be in the
best interest of the creditors. The Debtor believed that Aug. 1,
2018 is a more reasonable deadline for filing the plan of
reorganization.  

                       About Next Listing

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



OREXIGEN THERAPEUTICS: Case Summary & 30 Top Unsecured Creditors
----------------------------------------------------------------
Debtor: Orexigen Therapeutics, Inc.
        3344 N. Torrey Pines Court, Suite 200
        La Jolla, CA 92037

Type of Business: Orexigen Therapeutics, Inc., based in La Jolla,
                  California, is a biopharmaceutical company
                  focused on the treatment of weight loss and
                  obesity.  The company's mission is to help
                  improve the health and lives of patients
                  struggling to lose weight.  Orexigen's first
                  product, Contrave (naltrexone HCl and bupropion
                  HCl extended release), was approved in the U.S.
                  in September 2014.  In the European Union, the
                  medicine has been approved under the brand name
                  Mysimba (naltrexone HCl/bupropion HCl prolonged
                  release).  Orexigen is undertaking a range of
                  development and commercialization activities,
                  both on its own and with strategic partners, to
                  bring Contrave/Mysimba to patients around the
                  world.  Orexigen is a publicly traded company
                  with its shares listed on The NASDAQ Global
                  Select Market under the ticker symbol "OREX".
                  The Company has 111 employees in the U.S.
                  
                  http://www.orexigen.com/

Chapter 11 Petition Date: March 12, 2018

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

Case No.: 18-10518

Judge: Hon. Kevin Gross

Debtor's
General
Bankruptcy
Counsel:             Christopher R. Donoho, III, Esq.
                     Christopher R. Bryant, Esq.
                     John D. Beck, Esq.
                     HOGAN LOVELLS US LLP
                     875 Third Avenue
                     New York, NY 10022
                     Tel: (212) 918-3000
                     Fax: (212) 918-3100
                     Email: Chris.Donoho@hoganlovells.com
                            christopher.bryant@hoganlovells.com
                            john.beck@hoganlovells.com

Debtor's
Delaware
Bankruptcy
Counsel:             Robert J. Dehney, Esq.
                     Andrew R. Remming, Esq.
                     Jose F. Bibiloni, Esq.
                     MORRIS, NICHOLS, ARSHT & TUNNELL LLP
                     1201 N Market Street, 16th Floor
                     PO Box 1347
                     Wilmington, DE 19801
                     Tel: (302) 658-9200
                     Fax: (302) 658-3989
                     Email: rdehney@mnat.com
                            aremming@mnat.com
                            jbibiloni@mnat.com

Debtor's
Financial
Advisor:             ERNST AND YOUNG LLP

Debtor's
Investment
Banker:              PERELLA WEINBERG PARTNERS

Debtor's
Notice,
Claims &
Balloting
Agent:               KURTZMAN CARSON CONSULTANTS LLC
                     Orexigen Claims Processing Center
                     c/o KCC
                     2335 Alaska Ave.
                     El Segundo, CA 90245
                     Tel: (888) 830-4646

Total Assets as of Nov. 30, 2017: $265,100,000

Total Debts as of Nov. 30, 2017: $226,400,000

The petition was signed by Michael A. Narachi, president and chief
executive officer.

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

              http://bankrupt.com/misc/deb18-10518.pdf

List of Debtor's 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
US Bank National Association     Indenture Trustee   $38,942,000
60 Livingston Avenue           to 2.75% Convertible
St. Paul, MN 55107                Exchange Senior
Rick Prokosch                      Notes Due 2020
Tel: (651) 466-6619
Email: rick.prokosch@usbank.com

Wilmington National Trust        Indenture Trustee    $25,343,000
Association                     to 2.75% Convertible
1100 Market Street               Senior Notes Due
Wilmington, DE 19890                   2020
W. Thomas Morris II
Tel: (302) 636-6432
Email: TMorris@WilmingtonTrust.com

VML, Inc.                           Trade Debt        $13,903,843
303 2nd Street
North Tower, Suite 300
San Francisco, CA 94107
Legal Department
Fax: (816) 817-1065

McKesson Specialty Arizona, Inc.    Savings Card       $7,500,000
PO Box 370                          Adjudicator
Chicago, IL 60693
McKesson Patient Relationship Solutions
General Manager
Fax: (480) 663-4990

Cardinal Health 105, Inc.             Title Model       $5,541,434
Specialty Pharmaceutical Services     Settlement
15 Ingram Boulevard
La Vergne, TN 37086
Associate General Counsel
Fax: (614) 757-8919

Young & Rubicam, Inc.                  Trade Debt       $5,162,397
3 Columbus Circle
New York, NY 10019
Chief Financial Officer
Fax: (212) 537-9371
VP, Legal & Corporate Affairs
Email: legal@yrgrp.com

Inventiv Commercial Services           Trade Debt       $3,775,000
500 Atrium Drive
Somerset, NJ 08873
VCS General Counsel President
Fax: (732) 537-4999

Google, Inc.                           Trade Debt         $925,643
488 Madison Avenue, 4th floor
San Francisco, CA 94139
Legal Department
Fax: (653) 253-0001

CVS Caremark                            MCO/PBM           $926,700
9501 E Shea Blvd. Road
Scottsdale, AZ 85260
Vice President, Manufacturer
Contracting, Law Department
Fax: (480) 314-8231

McKesson Specialty Arizona, Inc.       Wholesaler               -
PO Box 370
Chicago, IL 60693
General Manager
Fax: (480) 663-4990

Facebook                               Trade Debt        $548,712
555 Madison Ave, Suite 1201
Chicago, IL 60693
Legal Department
Tel: (650) 543-4800
Email: legal@facebook.com

Cardinal Health                        Wholesaler               -
7000 Cardinal Place
Dublin, OH 43017
Vice President
Fax: (614) 757-8337

Oregon Health Science University         Royalty          $476,000
601 Union Street, Suite 4860
Portland, OR 97239
Legal Department
Fax: (503) 494-4729

Abelson-Taylor                         Trade Debt         $430,639
33 W. Monroe St.
Chicago, IL 60603
Tel: (312) 894-5500
Email: info@abelsontaylor.com

Patheon, Inc.                           Inventory/        $289,189
2335 Oxford Avenue                      Warehouse
Chicago, IL 60673
General Counsel
Fax: (919) 474-2269

AmerisourceBergen Corporation           Wholesaler              -
227 Washington St.
Conshohocken, PA 19428
General Counsel
Fax: (610) 727-3608

Express Scripts                          MCO/PBM         $177,954

OptumRx, Inc.                            MCO/PBM         $172,908

Microsoft Online                        Trade Debt        $97,236

IQVIA Inc.                              Trade Debt        $96,991

Hyatt Regency La Jolla                  Trade Debt        $84,605

ProCare Pharmacy Benefit Manager,        MCO/PBM          $81,412
Inc

Cardinal Health 105, Inc               Third Party        $77,720
                                        Logistics

Prime Therapeutics, Inc.                 MCO/PBM          $74,220

PPD Development                         Trade Debt        $65,851

Carleson Production Group               Trade Debt        $59,533

Compliance Implementation Services        MCO/PBM         $56,253
                                         Services

Takeda Pharmaceuticals America, In      Trade Debt              -

KARIM KHOJA                             Pending                 -
                                       Litigation

Everyday Health Media LLC               Pending                 -
                                       Litigation


OREXIGEN THERAPEUTICS: Intends May Bankruptcy Auction for Assets
----------------------------------------------------------------
Orexigen Therapeutics, Inc., a biopharmaceutical company focused on
the treatment of obesity, on March 12, 2018, disclosed that it has
elected to file a voluntary petition under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
Delaware. Orexigen also intends to file a motion seeking
authorization to pursue an auction and sale process under Section
363 of the U.S. Bankruptcy Code.  The proposed bidding procedures,
if approved by the court, would require interested parties to
submit binding offers to acquire substantially all of Orexigen's
assets, which would be purchased free and clear of the company's
indebtedness and other liens and interests.  Such parties could
include strategic and financial buyers, and the process is expected
to proceed according to the following timeline:

   -- Bids expected to be submitted by May 21, 2018
   -- Structured auction targeted to commence no later than May 24,
2018
   -- Sale intended to be concluded by July 2, 2018

"The Board and management team have thoroughly assessed all of our
strategic options and believe that this process represents the best
possible solution for Orexigen, taking into account our financial
needs," said Michael Narachi, President and CEO of Orexigen.
"While we have been working closely with our noteholders and have
the support of a controlling number of senior secured noteholders,
our debt covenant requirements and near-term cash flow needs have
necessitated the protection afforded by a court-driven process."

Mr. Narachi continued, "Orexigen was founded on the premise of
helping to improve the health and lives of patients struggling to
lose weight.  This mission has been at the core of creating
patient-centric solutions that help customers and patients in
meaningful and relevant ways.  Since the launch of Contrave, nearly
800,000 patients in the U.S. have benefitted1, and, through a
successful transaction process, we intend that this growing patient
demand will continue to be served."  

Orexigen has filed a series of motions with the court seeking to
ensure the continuation of normal operations during this process.
Orexigen has the support of a controlling number of its senior
secured noteholders for this process, who have made a $35 million
financing commitment.  The company believes that this commitment
provides it with sufficient liquidity to conduct its business in an
uninterrupted manner, fund its chapter 11 case, including the sale
of its assets, and to continue to meet its operational and
financial obligations, including: continued servicing of
distributors, wholesalers and global partners to ensure timely
fulfillment of orders and shipments of Contrave(R) (naltrexone HCl
and bupropion HCl extended release)/Mysimba(TM) (naltrexone HCl and
bupropion HCl prolonged release); the timely payment of employee
wages and salaries; and satisfaction of other obligations to
patients and physicians who depend on this important therapy.  In
addition, to attempt to preserve the value of its net operating
losses, Orexigen has filed a motion with the court to establish
limitations on trading in Orexigen's common stock by beneficial
owners of at least 4.5% of Orexigen's common stock during the
pendency of the bankruptcy proceedings.

Additional information about this process and proposed asset sale,
as well as other documents related to the restructuring and
reorganization proceedings, is available through Orexigen's claims
agent Kurtzman Carson Consultants LLC at www.kccllc.net/orexigen.

Orexigen's legal counsel is Hogan Lovells US LLP and its financial
advisors are Perella Weinberg Partners LP and Ernst & Young LLP.

The petition was filed in United States Bankruptcy Court for the
District of Delaware, Case No. 18-10518.

Recent Business Highlights

   -- Contrave is the No.1 prescribed weight loss brand in the
U.S.
   -- 2.3M prescriptions have been written in the U.S. since
launch
   -- >100,000 unique U.S. prescribers of Contrave since launch
   -- 23% year-over-year TRx growth in the U.S. in 2017
   -- 21% year-over-year TRx growth in the U.S. in 2018 to date
   -- All-time highs in weekly TRx volume (19,247), branded TRx
market share (48.7%) and telemedicine/home delivery volume (2,288)
achieved in early March 2018
   -- 2017 U.S. Contrave net sales of ~$75M compared to ~$47M2 in
2016
   -- 2017 global supply revenue from international partners of
~$13M compared to ~$5M in 2016
   -- Implemented streamlined and innovative U.S. commercial model,
with expected annual savings of ~$40M in 2018, under the current
plan, compared to 2017
   -- Launched in 24 of 68 partnered countries, with an additional
14 launches currently planned in 2018
   -- U.S. market exclusivity solidified through 2030 following
favorable ruling in patent litigation
   -- Recent FDA acceptance of a significantly more efficient
approach for completion of a cardiovascular outcomes post marketing
requirement

1 Source: IQVIA NPA data Sept 2014 through Jan 2018 and the IQVIA
Persistence and Adherence study conducted June 2016

2 Includes net sales as reported by our former partner pursuant to
the terms of our former collaboration agreement for periods prior
to the completed acquisition of Contrave, coupled with net sales as
recorded by Orexigen after the completed acquisition of Contrave.

                    About Contrave and Mysimba

Contrave, marketed as Mysimba in the European Union, is a
prescription-only, FDA-approved weight-loss medication believed to
work on two areas of the brain—the hunger center and the reward
system—to reduce hunger and help control cravings.  The exact
neurochemical effects of Contrave/Mysimba leading to weight loss
are not fully understood.  Contrave/Mysimba contains two medicines,
bupropion, a relatively weak inhibitor of the neuronal reuptake of
dopamine and norepinephrine and naltrexone, an opioid antagonist.

Contrave, approved by the FDA in September 2014, is indicated for
use as an adjunct to a reduced-calorie diet and increased physical
activity for chronic weight management in adults with an initial
body mass index (BMI) of 30 kg/m2 or greater (obese), or 27 kg/m2
or greater (overweight) in the presence of at least one
weight-related comorbid condition (e.g., hypertension, type 2
diabetes mellitus or dyslipidemia).  In the European Union, Mysimba
was approved in March 2015.

Orexigen is committed to helping eligible patients learn about
Contrave and recommends patients in the U.S. visit www.contrave.com
for additional information.

For full U.S. prescribing information please visit
www.contrave.com.

Important Safety Information for CONTRAVE and MYSIMBA (per U.S.
prescribing information)

(naltrexone HCl and bupropion HCl) 8 mg/90 mg extended-release
tablets

One of the ingredients in CONTRAVE, bupropion, may increase the
risk of suicidal thinking in children, adolescents, and young
adults.  CONTRAVE patients should be monitored for suicidal
thoughts and behaviors.  In patients taking bupropion for smoking
cessation, serious neuropsychiatric adverse events have been
reported.  CONTRAVE is not approved for use in children under the
age of 18.

Stop taking CONTRAVE and call a healthcare provider right away if
you have any of the following symptoms, especially if they are new,
worse, or worry you: thoughts about suicide or dying; attempts to
commit suicide; depression; anxiety; feeling agitated or restless;
panic attacks; trouble sleeping (insomnia); irritability;
aggression, anger, or violence; acting on dangerous impulses; an
extreme increase in activity and talking (mania); other unusual
changes in behavior or mood.

Do not take CONTRAVE if you have uncontrolled high blood pressure;
have or have had seizures; use other medicines that contain
bupropion such as WELLBUTRIN, APLENZIN or ZYBAN; have or have had
an eating disorder; are dependent on opioid pain medicines or use
medicines to help stop taking opioids such as methadone or
buprenorphine, or are in opiate withdrawal; drink a lot of alcohol
and abruptly stop drinking; are allergic to any of the ingredients
in CONTRAVE; or are pregnant or planning to become pregnant.

Before taking CONTRAVE, tell your healthcare provider about all the
medicines you take, including prescription and over-the-counter
medicines, vitamins, and herbal supplements. Do not take any other
medicines while you are taking CONTRAVE unless your healthcare
provider says it is okay.

Tell your healthcare provider about all of your medical conditions
including if you have: depression or other mental illnesses;
attempted suicide; seizures; head injury; tumor or infection of
brain or spine; low blood sugar or low sodium; liver or kidney
problems; high blood pressure; heart attack, heart problems, or
stroke; eating disorder; drinking a lot of alcohol; prescription
medicine or street drug abuse; are 65 or older; diabetes; pregnant;
or breastfeeding.

CONTRAVE may cause serious side effects, including:

Seizures.  There is a risk of having a seizure when you take
CONTRAVE. If you have a seizure, stop taking CONTRAVE, tell your
healthcare provider right away.

Risk of opioid overdose.  Do not take large amounts of opioids,
including opioid-containing medicines, such as heroin or
prescription pain pills, to try to overcome the opioid-blocking
effects of naltrexone.

Sudden opioid withdrawal.  Do not use any type of opioid for at
least 7 to 10 days before starting CONTRAVE.

Severe allergic reactions.  Stop taking CONTRAVE and get medical
help immediately if you have any signs and symptoms of severe
allergic reactions: rash, itching, hives, fever, swollen lymph
glands, painful sores in your mouth or around your eyes, swelling
of your lips or tongue, chest pain, or trouble breathing.

Increases in blood pressure or heart rate.

Liver damage or hepatitis.  Stop taking CONTRAVE if you have any
symptoms of liver problems: stomach area pain lasting more than a
few days, dark urine, yellowing of the whites of your eyes, or
tiredness.

Manic episodes.

Visual problems (angle-closure glaucoma).  Signs and symptoms may
include: eye pain, changes in vision, swelling or redness in or
around the eye.

Increased risk of low blood sugar (hypoglycemia) in people with
type 2 diabetes mellitus who also take medicines to treat their
diabetes (such as insulin or sulfonylureas).

The most common side effects of CONTRAVE include nausea,
constipation, headache, vomiting, dizziness, trouble sleeping, dry
mouth, and diarrhea.

These are not all the possible side effects of CONTRAVE. Tell your
healthcare provider about any side effect that bothers you or does
not go away.

Use of CONTRAVE

CONTRAVE is a prescription weight-loss medicine that may help some
adults with a body mass index (BMI) of 30 kg/m2 or greater (obese),
or adults with a BMI of 27 kg/m2 or greater (overweight) with at
least one weight-related medical problem such as high blood
pressure, high cholesterol, or type 2 diabetes, lose weight and
keep the weight off.

CONTRAVE should be used with a reduced-calorie diet and increased
physical activity
It is not known if CONTRAVE changes your risk of heart problems or
stroke or of death due to heart problems or stroke
It is not known if CONTRAVE is safe and effective when taken with
other prescription, over-the-counter, or herbal weight-loss
products
CONTRAVE is not approved to treat depression or other mental
illnesses, or to help people quit smoking (smoking cessation).  One
of the ingredients in CONTRAVE, bupropion, is the same ingredient
in some other medicines used to treat depression and to help people
quit smoking.

Ask your doctor or healthcare professional if CONTRAVE is right for
you.  Please see Full Prescribing Information, including Medication
Guide, for CONTRAVE.

You are encouraged to report negative side effects of prescription
drugs to the FDA.  Visit www.fda.gov/medwatch or call
1‑800‑FDA‑1088.

                    About Obesity & Weight Loss

Obesity is a serious and rising health epidemic and has been
declared a disease by the American Medical Association.  It is
estimated that about 110 million adults are overweight or
struggling with obesity; however, only 3% are treated with a
prescription weight loss medicine.  By 2030, the percentage of
Americans who struggle with obesity could reach 51 percent.
Obesity can increase the risk of heart disease, type 2 diabetes,
some types of cancer, sleep apnea, and a variety of other
conditions.  Weight loss is complex and for many people diet and
exercise alone may not be enough.  Two areas of the brain play an
important role in weight loss.  The hypothalamus, your hunger
center, regulates hunger and the mesolimbic reward system can cause
cravings even when you are not hungry.  Other areas of the brain
may be involved.

                  About Orexigen Therapeutics

Orexigen Therapeutics, Inc. (NASDAQ: OREX) --
http://www.orexigen.com/-- is a biopharmaceutical company focused
on the treatment of weight loss and obesity.  The company's mission
is to help improve the health and lives of patients struggling to
lose weight.  Orexigen's first product, Contrave(R) (naltrexone HCl
and bupropion HCl extended release), was approved in the U.S. in
September 2014.  In the European Union, the medicine has been
approved under the brand name Mysimba(TM) (naltrexone HCl/
bupropion HCl prolonged release). Millions around the globe
continue to face challenges of weight loss.  Orexigen is
undertaking a range of development and commercialization
activities, both on its own and with strategic partners, to bring
Contrave / Mysimba to patients around the world.  As a
patient-centric company, Orexigen continues to focus not only on
innovating medicine for the treatment of obesity, but to also offer
unique resources and healthcare delivery options to improve the
patient experience.


PANTAGIS DINER: Hires Tomas Espinosa as Attorney
------------------------------------------------
Pantagis Diner, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of New Jersey to employ Tomas Espinosa, Esq., as
attorney to the Debtor.

Pantagis Diner requires Tomas Espinosa to:

   -- provide legal representation to the Debtor-in-possession in
      the Chapter 11 case; and

   -- provide legal assistance and prepare a Chapter 11 plan of
      reorganization.

Tomas Espinosa will be paid at these hourly rates:

         Attorneys         $400
         Paralegals         $50

Tomas Espinosa will be paid a retainer in the amount of $6,000.

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

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

Tomas Espinosa can be reached at:

     Tomas Espinosa, Esq.
     8324 Kennedy Blvd.
     North Bergen, NJ 07047
     Tel: (201) 223-1803
     Fax: (201) 223-1893
     E-mail: te@lawespinosa.com

                      About Pantagis Diner

Based in Edison, New Jersey, Pantagis Diner, LLC
--http://pantagisdiner.com/--is a small organization in the
restaurants industry founded in 2008. The restaurant offers
sandwiches, wraps and paninis, burgers, and Italian cuisine and
seafood.

Pantagis Diner sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. N.J. Case No. 17-33944) on Nov. 28, 2017.  In the
petition signed by Stephen A. Pantagis, its sole member, the Debtor
disclosed $850,000 in assets and $1.20 million in liabilities.
Judge Kathryn C. Ferguson presides over the case.



PATTINIS LLC: Hires Owen & Dunivan as Special Counsel
-----------------------------------------------------
Pattinis LLC, d/b/a Pattinis Bistro & Skate, seeks authority from
the U.S. Bankruptcy Court for the Middle District of Florida to
employ Owen & Dunivan, PLLC, as special counsel to the Debtor.

Pattinis LLC requires Owen & Dunivan to represent the Debtor in a
lawsuit, styled American Infoage, LLC v. Pattinis, LLC., Case No.:
18-cc-009211, presently pending in the County Court for
Hillsborough County, Florida. In the lawsuit, American Infoage, LLC
is attempting to evict the Debtor.

Owen & Dunivan will be paid at the hourly rate of $300.  Owen &
Dunivan has accepted a retainer of $1,500 which was paid by a
non-debtor, Andre Scott. It will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Bryant H. Dunivan, a partner at Owen & Dunivan, 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.

Owen & Dunivan can be reached at:

         Bryant H. Dunivan, Esq.
         OWEN & DUNIVAN, PLLC
         615 W De Leon St.
         Tampa, FL 33606
         Tel: (813) 502-6768

                      About Pattinis LLC

Pattinis LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 17-09138) on Oct. 30, 2017.  At the
time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of less than $500,000.  Buddy D. Ford,
Esq., and Jonathan A. Semach, Esq., at Buddy D. Ford P.A., serve as
the Debtor's bankruptcy counsel.  An official committee of
unsecured creditors has not been appointed in the case.



PC USA RE: Hires Development Specialists as Financial Advisor
-------------------------------------------------------------
PC USA RE, LLC, seek authority from the U.S. Bankruptcy Court for
the Southern District of Florida to employ Development Specialists,
Inc., as financial advisor and accountant to the Debtors.

PC USA RE requires Development Specialists to:

   a. review the Debtor's records for asset analysis and
      recovery;

   b. assist the Debtor in preparing monthly reports;

   c. assist the Debtor in formulating periodic budgets;

   d. perform a preference and fraudulent avoidance analyses; and

   e. assist Debtor in all tax matters.

   f. advise the Debtor on financial issues relating to plan of
      reorganization; and

   g. perform all other financial and accounting services that
      may be necessary for the proper preservation and
      administration of this Chapter 11 case.

Development Specialists will be paid based upon its normal and
usual hourly billing rates. Development Specialists will be paid a
retainer in the amount of $10,000. The firm will also be reimbursed
for reasonable out-of-pocket expenses incurred.

Yale Scott Bogen, managing director of Development Specialists,
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 Debtors and
their estates.

Development Specialists can be reached at:

     Yale Scott Bogen
     DEVELOPMENT SPECIALISTS, INC.
     500 West Cypress Creek Road, Suite 400
     Fort Lauderdale, FL 33309
     Tel: (305) 374-2717

                        About PC USA RE

Each of PC USA RE, LLC and STRE LLC is a lessor of real estate
based in Miami Gardens, Florida.  The debtors list their business
as Single Asset Real Estate (as defined in 11 U.S.C. Section
101(51B)), whose principal assets are located at 708-716 South
Dixie Highway Hallandale, FL 33009.

PC USA RE, LLC and STRE LLC sought Chapter 11 protection (Bankr.
S.D. Fla. Lead Case No. 18-12378 and 18-12392) on Feb. 28, 2018.
In the petitions signed by Doron Topaz, manager, PC USA RE
estimated $500,000 to $1 million in assets and $1 million to $10
million in liabilities, and STRE LLC estimated less than $50,000 in
both assets and liabilities.

The Hon. Robert A Mark presides over the case.

Daniel Y. Gielchinsky, Esq., at Daniel Y. Gielchinsky, P.A., serves
as bankruptcy counsel to the Debtors.  Development Specialists,
Inc., is their financial advisor.


PETE GOULD: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Pete Gould & Sons, Inc. as of March 9,
according to a court docket.

                    About Pete Gould & Sons

Founded in 1966, Pete Gould & Sons, Inc., provides general
contracting services such as constructing water and sewer mains.
Pete Gould & Sons, based in Ravenswood, WV, filed a Chapter 11
petition (Bankr. N.D.W. Va. Case No. 18-20047) on Feb. 5, 2018.  In
the petition signed by Bryan Gould, member, the Debtor estimated $1
million to $10 million in both assets and liabilities.  The Hon.
Frank W. Volk presides over the case.  Joseph W. Caldwell, Esq., at
Caldwell & Riffee, serves as bankruptcy counsel.


PHASERX INC: Seeks Bankruptcy Case Dismissal
--------------------------------------------
BankruptcyData.com reported that Phaserx Inc. filed with the U.S.
Bankruptcy Court a motion to dismiss its Chapter 11 case.  The
motion explains, "Having sold substantially all of its assets,
rejected the unexpired leases of non-residential real property and
executory contracts that were not sold, and identified all known
chapter 11 administrative claims that will be paid in full, or as
agreed between the parties, prior to the conclusion of the Chapter
11 Case, the Debtor seeks to dismiss this Chapter 11 Case in order
to bring closure to not only the chapter 11 bankruptcy, but the
Debtor's corporate existence.  Dismissal will allow all
stakeholders to make a clean break from the Debtor and move on with
other business relationships.  The Debtor strongly believes that
dismissal is a more favorable result than conversion to a case
under chapter 7 of the Bankruptcy Code as it will allow
stakeholders to cease monitoring a bankruptcy case where there is
no likelihood of any recovery under any circumstance.  Dismissal is
further warranted in a case such as this where there are a minimal
number of creditors that are affected by the relief requested." The
Court scheduled a March 26, 2018 hearing on the motion.

                       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 Dec. 11, 2017.  In the petition signed by Robert W.
Overell, Ph.D., president and CEO, the Debtor disclosed $4.10
million in assets and $5.60 million in liabilities as of Sept. 30,
2017.

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.


POST EAST: Allowed to Use Cash Collateral for March 2018 Expenses
-----------------------------------------------------------------
Judge Ann M. Nevins of the U.S. Bankruptcy Court for the District
of Connecticut entered an 11th order authorizing Post East, LLC, to
use rentals and other funds that may constitute cash collateral in
which Connect REO, LLC, asserts secured interests.

A continued hearing on the use of cash collateral is scheduled for
March 28, 2018, at 10:00 a.m.

The use of cash collateral, or escrow for future use, may be up to
the total amount of the projected expenses for the month of March
2018, which is projected to be $11,266 of cash and rental proceeds
in accordance with the Budget, allowing up to 10% overage in any
category for the period from March 1 through March 31, 2018, or
through the occurrence of the Effective Date of a confirmed plan of
reorganization, whichever is earlier, which sum includes one
monthly adequate protection payment of $6,500 payable to Connect
REO, LLC.

To the extent the interest of Respondent in such cash collateral
may be proven, and to the extent the cash collateral is used, the
claimant is granted secured interests in all post-petition rents
and leases as the same may be generated, provided, however that the
post-petition secured interest will be subordinate to all Chapter
11 quarterly fees that will become due pursuant to 28 U.S.C.
Section 1930(a)(6).

A full-text copy of the Order is available at

           http://bankrupt.com/misc/ctb16-50848-280.pdf

                        About Post East

Post East, LLC, owns real estate at 740-748 Post Road East,
Westport, Connecticut.  The property is a commercial real estate
which presently has seven leased spaces.  The secured creditor is
Connect REO, LLC, which is owed $1,043,000.

Post East filed for Chapter 11 bankruptcy protection (Bankr. D.
Conn. Case No. 16-50848) on June 27, 2016.  In the petition signed
by Michael F. Calise, member, the Debtor estimated assets and
liabilities at $1 million to $10 million at the time of the
filing.
  
The Debtor's bankruptcy counsel is Carl T. Gulliver, Esq., at Coan
Lewendon Gulliver & Miltenberger LLC.  The Debtor's mortgage broker
is Richard J. Chappo of Chappo LLC.


PREMIER DIAGNOSTIC: Chapter 727 Claims Bar Date Set for May 19
--------------------------------------------------------------
A petition was filed on Jan. 19, 2018, commencing an Assignment for
the Benefit of Creditors proceeding, pursuant to Chapter 727,
Florida Statutes, by Premier Diagnostic Testing, Inc., Assignor,
with its principal place of business at 12555 Orange Drive, Suite
101, Davie, Florida 33330, to Kenneth A. Welt, as Assignee.

Pursuant to Section 727.105, Fla. Stat., no proceeding may be
commenced against the Assignee except as provided in Chapter 727,
and excepting the case of a consensual lienholder enforcing its
rights in personal property or real property collateral, there
shall be no levy, execution, attachment or the like, in connection
with any judgment or claim against assets of the Estate, in the
possession, custody or control of the Assignee.

To receive any dividend in this proceeding, interested parties must
file on or before May 19, 2018, a proof of claim with:

     Kenneth A. Welt
     8201 Peters Road, #1000
     Plantation, Florida 33324

Counsel to Assignee:

     BRETT D. LIEBERMAN, Esq.
     THOMAS M. MESSANA, Esq.
     MESSANA, P.A.
     401 East Las Olas Boulevard, Suite 1400
     Fort Lauderdale, FL 33301
     Telephone: (954) 712-7400
     Facsimile: (954) 712-7401
     Email: blieberman@messana-law.com

The case is, In re: ASSIGNMENT FOR THE BENEFIT OF CREDITORS OF
PREMIER DIAGNOSTIC TESTING, INC., Assignor, TO: KENNETH A. WELT,
Assignee, Case No. CACE 18-001553, IN THE CIRCUIT COURT OF THE 17TH
JUDICIAL CIRCUIT IN AND FOR BROWARD COUNTY, FLORIDA.


PRINCETON ALTERNATIVE: Voluntary Chapter 11 Case Summary
--------------------------------------------------------
Affiliates that filed voluntary petitions for relief under Chapter
11 of the Bankruptcy Code:

     Debtor                                       Case No.
     ------                                       --------
     Princeton Alternative Funding LLC             18-14600
     100 Canal Pointe Blvd, Ste 208
     Princeton, NJ 08540-7063

     Princeton Alternative Income Fund, LP         18-14603
     100 Canal Pointe Blvd, Ste 208
     Princeton, NJ 08540-7063

Type of Business: Princeton Alternative Funding LLC, (PAF) --
                  http://www.princetonalternativefunding.com-- is
                  a fund management company and general partner of
                  the Princeton Alternative Income Fund II (PAIF2)
                  and the Princeton Alternative Income Fund I
                  (PAIF).  PAIF2 is an open-ended, 3(c)(7) debt
                  fund that provides credit facilities to select,
                  consumer-facing lenders in the alternative
                  lending marketplace.  The Fund seeks to deliver
                  high, non-correlated returns for sophisticated
                  investors while mitigating risk through an
                  exclusive corporate partnership between PAFM and
                  MicroBilt.  MicroBilt, a Consumer Reporting
                  Agency (CRA) regulated by the FTC and the CFPB,
                  provides analytics and monitoring capabilities.
                  Princeton Alternative Funding (PAF) is majority
                  owned by Princeton Alternative Funding
                  Management, LLC.

Chapter 11 Petition Date: March 9, 2018

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

Judge: Hon. Michael B. Kaplan

Debtors' Counsel: Valerie A. Hamilton, Esq.
                  SILLS CUMMIS & GROSS, P.C.
                  1 Riverfront Plaza
                  Newark, NJ 07102-5418
                  Tel: (609) 227-4600
                  Fax: (609) 227-4646
                  E-mail: vhamilton@sillscummis.com

Assets and Liabilities:

                       Estimated            Estimated
                        Assets             Liabilities
                       ----------          -----------
Alt. Funding       $50,000-$100,000      $1 mil.-$10 million
Alt. Income Fund  $50 mil.-$100 million  $1 mil.-$10 million

The petitions were signed by John Cook, authorized representative.

The Debtors each did not file a list of 20 largest unsecured
creditors together with a petition.

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

           http://bankrupt.com/misc/njb18-14600.pdf
           http://bankrupt.com/misc/njb18-14603.pdf


PROTEA BIOSCIENCES: Seeks 90-Day Exclusive Periods Extension
------------------------------------------------------------
Protea Biosciences, Inc. and Protea Biosciences Group, Inc. request
the U.S. Bankruptcy Court for the Northern District of West
Virginia to extend the exclusive period for the Debtors to file and
obtain acceptance of a plan for a period of 90 days.

The Debtors claim that they have cause for the extension of the
exclusivity period based on the following:

      A. The Debtors' cases involve more than $10 million in debt
and remaining assets worth an uncertain amount. There are also
significant and complex assets that need to be administered
including, the benefits of net operating losses and potential
claims against third parties which need to be analyzed and
preserved;

      B. The Debtors are in the process of negotiating a possible
transaction that could form the basis of their plan. The Debtors
need additional time to consummate the negotiations which the
Debtors currently believe could yield the highest and best return
for the creditors;

      C. The Debtors are investigating potential litigation claims
which may impact proposed reorganization plan;

      D. The Debtors continue to progress toward reorganization in
good faith. No trustee has been appointed and no party has ever
alleged the Debtors are not proceeding in good faith;

      E. The Debtors are paying their post-petition debts as they
become due;

      F. The Debtors have very good prospects of filing a viable
plan. The Debtors currently have no secured debt and the Debtors
believe that a reorganization plan would yield a return in excess
of what the creditors would receive in chapter 7 liquidation;

      G. The Debtors' case has only been pending since December 1,
2017, a short time for the Debtors to fully analyze possible plans
and scenarios that will lead to a successful reorganization; and

      H. The Debtors are not seeking the extension to pressure
creditors.

                   About Protea Biosciences

Headquartered in Morgantown, West Virginia, Protea Biosciences Inc.
-- https://www.proteabio.com/ -- is a bioanalytics technology
company that provides analytical and diagnostic solutions for the
rapid and direct identification, mapping and display of the
molecules present in living cells and biological samples.

Protea Biosciences, Inc., and its affiliate Protea Biosciences
Group, Inc., sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. W.Va. Case Nos. 17-01200 and 17-01201) on Dec. 1,
2017.

At the time of the filing, Protea Biosciences disclosed $5.16
million in assets and $13.64 million in liabilities.  Protea
Biosciences Group disclosed $2.7 million in assets and $18.2
million in liabilities.

Judge Patrick M. Flatley presides over the case.  

The Debtors hired Buchanan Ingersoll & Rooney PC as their legal
counsel; and Compass Advisory Partners, LLC, as their restructuring
advisor.

The U.S. Trustee for Region 7 appointed an official committee of
unsecured creditors in the Debtors' cases.  Leech Tishman Fuscaldo
& Lampl, LLC, is the Committee's legal counsel and Johnson Law,
PLLC, is its local counsel.


PUERTO RICO: Court Approves Grievance Resolution Protocol
---------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
the American Federation of State, County and Municipal Employees
and the AFL-CIO and American Federation of Teachers' motion for an
order to permit the resolution of employment arbitration and
grievance proceedings.  As previously reported, "From the outset of
these title III cases, the Court has recognized the desirability
of, and has encouraged the parties to negotiate, a 'global
protocol' to permit the efficient administration of employment
arbitration and grievance proceedings. Today, there are thousands
of such proceedings, virtually all of them stopped in their tracks
by the Commonwealth of Puerto Rico's ('Commonwealth') erroneous
assertion that they are subject to the stay provided under section
301(a) of title III of the Puerto Rico Oversight, Management and
Economic Stability Act of 2016 ('PROMESA') (the 'Title III Stay').
The Unions disagree with the Commonwealth and submit that the Title
III Stay does not apply to these agency administrative proceeding.
Perversely, the continued stay of routine administrative
proceedings on which these employees rely to assure that they will
have safe and fair conditions of employment runs directly counter
to the Commonwealth's efforts to rebuild.  By depriving employees
of a timely hearing and resolution of arbitrations and grievances,
the misapplication of the Title III Stay to these routine
administrative matters sends public employees exactly the wrong
message at the wrong time: it tells them that their rights as
public employees are not respected and that they cannot have any
certainty about their employment status, work conditions or
compensation. It effectively encourages them to join the exodus
from the island. By this motion, the Unions therefore respectfully
ask the Court to grant a limited and common sense order to prevent
those destructive consequences. The Unions request that this Court
enter an order lifting the automatic stay as to the most urgent
Prepetition Proceedings - those involving discharge or discipline
of an employee, all of which the Unions have already provided ample
notice to AAFAF and met and conferred over specifically - until
such time as a global protocol can be agreed upon for resolving all
of the outstanding Prepetition Proceedings, and again understanding
that these discharge or discipline matters would proceed in the
normal course through resolution but not to the collection of any
monetary award against the Commonwealth. Finally, the Unions
request an order declaring that the Title III Stay does not apply
in any event to the Postpetition Proceedings."

                      About Puerto Rico

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

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

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

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

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

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

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

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

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

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

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

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

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

                    Bondholders' Attorneys

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

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

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

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

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

                          Committees

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


QUEST RARE: To Present Motion to Homolgate Proposal Under BIA
-------------------------------------------------------------
Quest Rare Minerals Ltd. on March 9, 2018, disclosed that on March
23, 2018, Quest will present a Motion to homologate the proposal
(the "Motion") that was accepted by the statutory majority of
Quest's creditors (the "Proposal"), the whole pursuant to Part III
of the Bankruptcy and Insolvency Act (Canada).  The Proposal
provides, among other things, for the reorganization of Quest's
share capital, whereby all issued and outstanding Quest shares will
be cancelled, the whole in accordance with Section 191 of the
Canada Business Corporations Act (the "Reorganization").

Subsequent to the issuance, if any, of an order from the Quebec
Superior Court approving the Proposal and Reorganization as well as
execution of the Proposal by Quest, Quest will file Articles of
Reorganization reflecting the Reorganization with the Director
under the Canada Business Corporations Act.

The Motion will be presented on March 23, 2018 at the Montreal
Courthouse (1, Notre-Dame St. E., Montreal, QC, H2Y 2B6), in room
16.10 at 8:45 a.m.

                           About Quest

Quest Rare Minerals Ltd. is a Canadian-based company focused on
becoming an integrated producer of rare earth metal oxides and a
significant participant in the rare earth elements (REE) material
supply chain.  Quest is led by a management team with in-depth
experience in chemical and metallurgical processing.  Quest's
objective is the establishment of major hydrometallurgical and
refining facilities in Becancour, Quebec, to separate and produce
strategically critical rare earth metal oxides.  These industrial
facilities will process mineral concentrates extracted from Quest's
Strange Lake mining properties in northern Quebec and recycle lamp
phosphors utilizing Quest's efficient, eco-friendly "Selective
Thermal Sulphation (STS)"1 process.


REMINGTON OUTDOOR: Lenders Move Ch.11 Filing Deadline to March 18
-----------------------------------------------------------------
Remington Outdoor Company, Inc., disclosed that on March 10, 2018,
the Company and its affiliate, FGI Operating Company, LLC, entered
into an amendment to the Restructuring Support Agreement, dated as
of February 11, 2018, by and among ROC, FGI Opco, certain holders
or investment advisors or investment managers to the First Lien
Term Loan Lenders, of certain claims arising under the Term Loan
Agreement, dated as of April 19 2012, by and among FGI Opco, FGI
Holding Company, LLC, the guarantors and lenders from time to time
party thereto, Ankura Trust Company, LLC, as successor agent
effective March 2, 2018, and the other parties thereto, and certain
holders of the Company's 7.875% Senior Secured Notes due 2020 --
Consenting Third Lien Creditors -- or investment advisors or
investment managers to certain Consenting Third Lien Creditors.

Pursuant to the RSA Amendment, the parties further extended certain
milestones contained in the Restructuring Support Agreement,
including the extension to March 18, 2018 of the milestone for
filing by ROC, FGI Opco and certain of their direct and indirect
subsidiaries of voluntary petitions for reorganization under
Chapter 11 of the United States Bankruptcy Code in the United
States Bankruptcy Court for the District of Delaware.

The Lenders agree to give Remington until:

     -- 11:59 p.m. (prevailing Eastern Time) on March 15, 2018,
        to commence solicitation of a prepackaged bankruptcy
        plan;

     -- 11:59 p.m. (prevailing Eastern Time) on March 18, 2018,
        to commence Chapter 11 cases; and

     -- 11:59 p.m. (prevailing Eastern Time) on March 19, 2018,
        to file a Plan, Disclosure Statement, and Disclosure
        Statement Motion, each in form and substance reasonably
        satisfactory to the Requisite Consenting Creditors.

Remington has retained as counsel:

     Gregory A. Bray, Esq.
     Roland Hlawaty, Esq.
     Milbank, Tweed, Hadley & McCloy LLP
     28 Liberty Street
     New York, NY 10005
     Facsimile: (212) 822 5735
     E-mail: gbray@milbank.com
             rhlawaty@milbank.com

          - and -

     Laura Davis Jones, Esq.
     Pachulski Stang Ziehl & Jones LLP
     919 North Market Street, 17th Floor
     Wilmington, DE 19801
     E-mail: ljones@pszjlaw.com

Counsel to Consenting Term Loan Creditors:

     Andrew Parlen, Esq.
     Joseph Zujkowski, Esq.
     O'Melveny & Myers LLP
     Times Square Tower
     7 Times Square
     New York, NY 10036
     Telephone: (212) 326-2000
     Email: aparlen@omm.com
            jzujkowski@omm.com

          - and -

     Mark D. Collins, Esq.
     Richards, Layton & Finger, P.A.
     920 North King Street
     Wilmington, DE 19801
     Facsimile: (302) 651-7701
     E-mail: collins@RLF.com

Counsel to Consenting Third Lien Creditors:

     Rachel C. Strickland, Esq.
     Joseph G. Minias, Esq.
     Willkie Farr & Gallagher LLP
     787 Seventh Avenue
     New York, NY 10019
     Telephone: (212) 728-8000
     Facsimile: (212) 728-8111
     E-mail: rstrickland@willkie.com
             jminias@willkie.com

          - and -

     Edmon L. Morton, Esq.
     Young Conaway Stargatt & Taylor, LLP
     Rodney Square
     1000 North King Street
     Wilmington, DE 19801
     Telephone: (302) 571-6637
     Facsimile: (302) 576-3320
     E-mail: emorton@ycst.com

                     About Remington Outdoor

Based in Madison, North Carolina, Remington Outdoor Company, Inc.
-- https://www.remingtonoutdoorcompany.com/ -- manufactures and
markets firearms, ammunition, and related products for commercial,
military, and law enforcement customers worldwide.  The company
operates through two segments, Firearms and Ammunition.

The company is controlled by Cerberus Capital Management.
Remington's affiliated companies are FGI Holding Company, LLC; and
FGI Operating Company, LLC; Remington Arms Company, LLC; Barnes
Bullets, LLC; TMRI, Inc.; RA Brands, L.L.C.; and Remington Arms
Distribution Company, LLC.

As of Oct. 1, 2017, Remington listed $954.3 million in total assets
against $1.306 billion in total liabilities and $351.9 million in
stockholders' deficit.

                          *     *     *

In December 2017, Moody's Investors Service downgraded Remington
Outdoor's Corporate Family Rating (CFR) to 'Caa3' from 'Caa2' and
its Probability of Default Rating to 'Caa3-PD' from 'Caa2-PD'.  The
rating action reflects Moody's concern with Remington's weak
operating performance, liquidity pressure from approaching
maturities, and the view that the company's capital structure is
unsustainable.  The rating outlook is negative.  Moody's said it is
very concerned that Remington will be unable to refinance debt that
comes due in April 2019 given its weak operating performance and
high financial leverage.

In November 2017, S&P Global Ratings lowered its corporate credit
rating on Remington Outdoor to 'CCC-' from 'CCC+'.  The outlook is
negative.  "The rating downgrade reflects heightened default risk
absent an unforeseen and favorable change to operating results over
the next six months, based on our lowered revenue and cash flow
forecasts through 2018," S&P explained.  "We believe the
deterioration in operating cash flow could result in an
unsustainable reliance on the ABL revolver, weak liquidity, and a
heightened risk of a restructuring of some form over the next six
to 12 months."

Reuters, according to Thomson Reuters data, reported in February
2018 that the Company faces a maturity of an approximately $550
million term loan in 2019; and $250 million of bonds that come due
in 2020.


ROCCO IANNACCHINO: Court Withdraws Reference of Claims vs. A. Vigna
-------------------------------------------------------------------
Plaintiffs Rocco Iannacchino and Rocco's Landscaping, Inc., as
debtors, commenced the adversary proceeding captioned ROCCO
IANNACCHINO and ROCCO'S LANDSCAPING, INC., Plaintiffs/Debtors, v.
JOHN RUZZA, JOANN RUZZA, CHRIS CASTLE, CASTLE LAW, P.A., ANTHONY
VIGNA, CCTT GROUP, THE PILLOW FOUNDATION, FTB SECURITIZATION
AUDITING, LLC, MARIA MALAVE, TONY PALMA and "JOHN DOE#1" THROUGH
"JOHN DOE#10," the last 10 names being fictitious and unknown to
the Plaintiff, Defendants, No. 15-cv-09408 (NSR) (S.D.N.Y.)
asserting claims against various defendants, including Anthony
Vigna.

Defendant Vigna now moves to withdraw the reference of Plaintiffs'
ninth, tenth and eleventh causes of action in the adversary
proceeding from the U.S. Bankruptcy Court for the Southern District
of New York to the U.S. District Court for the Southern District of
New York.  District Judge Nelson S. Roman grants Defendant Vigna's
motion.

On or about July 30, 2015, Plaintiffs as debtors commenced the
adversary proceeding asserting 14 claims against various
Defendants. Plaintiffs' ninth, tenth and eleventh causes of action
sounding in breach of contract, legal malpractice and breach of
fiduciary duty are asserted solely against Defendant Vigna.
Plaintiffs allege, inter alia, that Iannacchino and/or Rocco's
Landscaping retained Defendant Vigna, an attorney, pursuant to a
written agreement, to provide legal advice and services to defend
Plaintiff Iannacchino in a pending foreclosure action and to seek a
mortgage modification. Plaintiff Iannacchino made, and Defendant
Vigna accepted, an initial down payment for services to be rendered
and agreed to make future payments.

While the statute does not define the term "cause," courts in the
Second Circuit have generally focused on factors cited in Orion
Pictures Corp. v. Showtime Networks, Inc., such as judicial
economy, uniformity in the administration of bankruptcy law,
reduction of forum shopping, and jury trial considerations. The
framework established by the Second Circuit begins with the
threshold question of whether the case involves a core or non-core
proceeding, "since it is upon this issue that questions of
efficiency and uniformity will turn."

Here, all three relevant claims are state court claims and arise
from Defendant Vigna's failure to provide adequate legal services
pursuant to an agreement. All three claims are also factually
intertwined. Notably, Defendant Vigna has demanded a jury trial.
Pre-petition breach of contract claims asserted by a debtor against
a party to the pre-petition contract, who has filed no claim with
the bankruptcy court, are deemed non-core. Professional malpractice
claims which arise pre-petition are likewise deemed non-core
claims. Finally, a state law claim for breach of fiduciary duty
based on pre-petition conduct that could exist independent of a
pending Bankruptcy case against a law firm has been deemed
non-core. Thus, it is the Court's determination that all of the
claims which are the subject of Defendant Vigna's motion are
non-core.

Upon consideration of the Orion factors, the Court finds that they
weigh in favor of withdrawal of the reference from the Bankruptcy
Court. As the Court has noted, the claims are non-core claims. Two
of the claims, breach of contract and legal malpractice, are legal
in nature. The breach of fiduciary duty claim, though factually
related to the breach of contract claim, is equitable in nature.
However, to the extent Plaintiffs seek compensatory damages, such
claim may be viewed as legal in nature. Legal claims weigh in favor
of withdrawal as they typically implicate the right to a jury
trial. Though Plaintiffs tacitly suggest that Defendant Vigna's
application is an attempt at forum shopping, there is no evidence
before the Court supporting such an allegation.

The bankruptcy case is in re: ROCCO IANNACCHINO, Chapter 11 Debtor,
Case No. 14-22077 (S.D.N.Y.).

A full-text copy of Judge Roman's Opinion and Order dated Feb. 20,
2018 is available at https://is.gd/Od0UNu from Leagle.com.

Rocco Iannacchino & Rocco's Landscaping, Inc., Plaintiffs,
represented by Anne Julia Penachio, Penachio Malera, L.L.P.

Anthony Vigna, Defendant, represented by David Stephen Wilck --
david.wilck@rivkin.com -- Rivkin Radler, LLP & Seth B. Goldberg --
seth.goldberg@rivkin.com -- Rivkin Radler LLP.


RUSSEL METALS: Moody's Hikes CFR to Ba2; Outlook Stable
-------------------------------------------------------
Moody's Investors Service upgraded Russel Metals, Inc.'s corporate
family rating to Ba2 from Ba3, its probability of default rating to
Ba2-PD from Ba3-PD and its senior unsecured note rating to Ba3 from
B1. At the same time, Moody's assigned a Ba3 rating to Russel's
proposed $125 million senior unsecured notes. The company plans to
use the proceeds from the note offering to pay down borrowings on
its credit facility. Moody's also affirmed Russel's Speculative
Grade Liquidity Rating of SGL-2. The ratings outlook is stable.

"The upgrade of Russel Metals' ratings reflect the significant
improvement in the company's operating performance and credit
metrics and the expectation these trends will continue over the
next 12 to 18 months," said Michael Corelli, Moody's Vice President
-- Senior Credit Officer and lead analyst for Russel Metals.

Upgrades:

Issuer: Russel Metals, Inc.

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

-- Corporate Family Rating, Upgraded to Ba2 from Ba3

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

    from B1(LGD5)

Assignments:

Issuer: Russel Metals, Inc.

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

Outlook Actions:

Issuer: Russel Metals, Inc.

-- Outlook, Changed To Stable From Positive

Affirmations:

Issuer: Russel Metals, Inc.

-- Speculative Grade Liquidity Rating, Affirmed SGL-2

RATINGS RATIONALE

Russel Metals' Ba2 corporate family rating reflects its moderate
size and scale, relatively low leverage, good liquidity and the
counter-cyclical working capital investment that enhances liquidity
in down markets. However, the rating also reflects the company's
low profit margins, volatile free cash flow and high dividend
payout ratio. In addition, the rating incorporates Russel's
exposure to the highly cyclical oil & gas sector and steel price
volatility, which have caused high variability in its recent
operating results and credit metrics.

Russel Metals' operating performance improved substantially in
2017, with its revenues rising by about 28% and its adjusted EBITDA
increasing 70% to $262 million versus $154 million in 2016. The
significant improvement was the result of higher oil and gas sector
capital spending, increased demand from other industrial end
markets and improved steel and energy product prices. This led to
substantially stronger credit metrics, with its leverage ratio
declining to around 2.3x (Debt/EBITDA) in December 2017 from 2.8x
in December 2016, and its interest coverage ratio (EBITA/Interest
Expense) rising to about 7.2x from 3.5x. Its profitability has also
significantly improved with adjusted EBIT margin rising to 6.3%
from 3.7%, but still remaining at a low level due to competitive
pressures and the low margins inherent in the distribution business
model.

Moody's anticipates that Russel's operating results and credit
metrics will improve further in 2018 supported by moderately
improved demand and higher product prices. Therefore, Moody's
expect the company to produce adjusted EBITDA in the range of $270
million - $290 million in 2018. Its credit metrics will also
continue to strengthen, but this will be tempered by the
significant increase in borrowings in 2017 to invest in working
capital to support increased demand and the payment of about $94
million in annual dividends. The company's decision to issue $125
million of senior notes will enhance its liquidity and extend its
debt maturities, but it will also modestly raise its annual
interest costs by about $2 million and reduce its financial
flexibility by replacing revolving credit facility borrowings with
longer term fixed rate debt. As a result, Moody's anticipate its
adjusted leverage ratio will decline to about 2.0x and its interest
coverage ratio will decline modestly to about 7.0x at the end of
2018. These metrics are strong for the current rating, but the
assigned rating also reflects the company's weak profit margins,
its exposure to the highly cyclical oil & gas sector and steel
price volatility, and its high dividend payout ratio.

Russel Metals' SGL-2 rating reflects its good liquidity profile
supported by its $126 million cash balance and $143 million of
availability on its primary C$400 million revolving credit facility
as of December 31, 2017. The company had $223 million in borrowings
and $34 million in letters of credit outstanding. Russel had
negative free cash flow of about $185 million in 2017 due to $94
million in dividend payments and about $251 million in investments
in working capital to support stronger demand. Moody's expect the
company to produce positive free cash flow in 2018 as working
capital remains relatively flat, enabling Russel to maintain a good
liquidity position. Its liquidity was recently enhanced since it
amended and extended the credit facility on February 6, 2018 and
increased total borrowing capacity to $450 million from $400
million and extended the maturity to September 2021. Its liquidity
will rise by about $125 million more if it completes the proposed
$125 million note offering since the proceeds will be used to pay
down its revolver borrowings.

The stable outlook reflects Moody's expectation that Russel's
operating performance and credit metrics will continue to
strengthen in 2018 and remain somewhat strong for its rating.

Upside rating movement could occur if the company increases its
scale and broadens its end market diversity, while sustaining
retained cash flow of at least 20% of outstanding debt and an
operating margin above 8%.

A downgrade is not likely in the near term, but could be considered
if Russel's operating results and credit metrics deteriorate
substantially. Downside triggers would include a leverage ratio
above 4.0x, retained cash flow of less than 15% of outstanding debt
or an operating margin below 5%.

Russel Metals, headquartered in Mississauga, Ontario, is a leading
North American metal distributor with 65 metals service centers and
68 energy products locations in Canada and the US. The company
operates in three metal distribution segments. Metals Service
Centers (50% of LTM revenue) distributes carbon hot rolled and cold
finished steel, pipe and tubular products, stainless steel and
aluminum products. Energy Products (39%) distributes oil country
tubular goods, line pipe, valves and fittings. Steel Distributors
(11%) sells steel in large volumes to steel service centers and
large equipment manufacturers. For the LTM period ended December
31, 2017, the company had approximately $3.3 billion in revenues
with about 70% of its revenues generated in Canada (all figures are
in Canadian dollars unless otherwise noted).

The principal methodology used in these ratings was Distribution &
Supply Chain Services Industry published in December 2015.


RUSSEL METALS: S&P Rates New C$125MM Senior Unsecured Notes 'BB+'
-----------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB+' issue-level rating
and '4' recovery rating to Canada-based Russel Metals Inc.'s
proposed C$125 million senior unsecured notes issuance. The '4'
recovery rating indicates our expectation for average (30%-50%;
rounded estimate 35%) recovery for its unsecured noteholders in our
simulated default scenario. S&P expects the company will use
proceeds from this offering primarily to repay amounts drawn under
its corporate revolving credit facility, which totaled close to
C$210 million at year-end 2017.

S&P said, "Our 'BB+' long-term corporate credit rating and stable
outlook on Russel are unchanged following the issuance, which is
effectively neutral to the company's credit measures. In our view,
the bond issuance and corresponding increase in credit capacity
enhance the company's financial flexibility to manage higher
working capital requirements, particularly in a rising steel price
environment and periods of higher shipment volumes, as they help
fund tuck-in acquisitions." The company recently upsized its
revolver by C$50 million and extended its maturity to 2021,
resulting in C$400 million in total availability (excluding letters
of credit). However, the notes issuance also increase the
permanence of the company's debt structure for several years, and
the potential for higher leverage related to future short-term
facility draws.

S&P said, "The corporate credit rating primarily reflects our view
of Russel's position as one of the largest metals distributions
companies in North America, with a strong market position in
Canada, a diversified customer base, and historically modest
leverage. The rating also takes into account the company's
comparatively low margins, and exposure to highly volatile steel
prices and energy market conditions that we expect will contribute
to fluctuations in Russel's prospective credit measures. Russel
ended 2017 with credit measures roughly in line with our
expectations, with notable improvement in its energy products
segment. Our estimates for 2018 and 2019 are unchanged and do not
incorporate the potential for tariffs to be imposed on Canadian
steel exports into the U.S., which remains uncertain."

ISSUE RATINGS--RECOVERY ANALYSIS

Key analytical factors

-- S&P derives its '4' recovery rating and 'BB+' issue-level
rating on the proposed note issuance based on a simulated distress
scenario that assumes Russel is restructured as a going concern in
2023.

-- In this scenario, S&P derives a gross enterprise valuation of
about C$525 million, based on an emergence EBITDA proxy of a little
more than C$95 million and 5.5x multiple that is consistent with
multiples applied to its peers in the downstream metals and mining
sector.

-- S&P 's EBITDA proxy is close to its estimate of Russel's fixed
charges in the simulated default year, and represents a significant
decline relative to the company's EBITDA in 2017.

-- S&P assumes the company's secured corporate revolving credit
facility is 85% drawn in the simulated default year, and fully
covered by the underlying collateral (after 5% administrative
expenses). As a result, S&P assumes the remaining net enterprise
value is available to senior unsecured creditors, including the
proposed notes (which will rank pari passu with Russel's existing
notes)."

Simulated default assumptions

-- Simulated year of default: 2023
-- EBITDA at emergence: C$95 million
-- EBITDA multiple: 5.5x

Simplified waterfall

-- Net enterprise value (after 5% administrative costs): C$498
million
-- Valuation split in % (obligors/non-obligors): 100/0 Priority
claims (cash flow revolver, 85% drawn): C$346 million
-- Total value available to unsecured claims: C$152 million
-- Senior unsecured debt claims: C$438 million
    --Recovery expectations: 30%-50% (rounded estimate 30%)

All debt amounts include six months of prepetition interest.

  Ratings Assigned
   C$125 million senior unsecured      BB+
   Recovery rating                     4(35%)


S&K MACHINEWORKS: Seeks 60-Day Access to Cash Collateral
--------------------------------------------------------
S&K Machineworks and Fabrication, Inc., requests the U.S.
Bankruptcy Court for the Southern District of Alabama to authorize
its use of cash collateral for a period of sixty days.

The Debtor needs permission to use cash collateral to pay its
expenses in the ordinary course of operating its business, which
includes, payments to vendors, suppliers and employees, to those
pre-petition critical vendors, and to make adequate protection
payments to Regions Bank as ordered by the Court or agreed by the
parties.

The Debtor obtained a loan in the principal amount of $2,200,000
from REFCO and RCEF. In order to secure Debtor's obligations to
RCEF and REFCO under the Master Agreement, the Debtor granted RCEF
and REFCO a first priority security interest in its cash collateral
and personal property collateral (Loan #1).

Regions Bank made a second secured loan to Debtor in the original
principal amount of $968,000, which is secured by mortgage liens on
real property owned by the Debtor located in Mobile County and
Baldwin Count (Loan #2).

Regions Bank made a third loan to Debtor in the original principal
amount of $100,000 which was increased to the principal amount of
$400,000, which is secured by a security interest in all of the
accounts of the Debtor (Loan #3). Regions Bank has also extended to
Debtor a Business Visa Account (Loan #4).

By virtue of that certain Cross-Default and Cross-Collateralization
Agreement, Loans #1, #2, #3, and #4 were cross-collateralized so
that all collateral for each of Loans #1, #2, #3, and #4 became
security, jointly and severally, for any and all amounts due under
each of the Loans.

Regions Bank, through its counsel, has consented to the Debtor's
use of cash collateral.

Accordingly, the Debtor proposes to pay Regions Bank the amounts
of: $11,000 per month on the last day of February 2018 and March
2018. $12,500 per month on the last day of April 2018, and May
2018, $13,500 per month on the last day of June 2018 and July 2018,
and $14,500 on the last day of August 2018 and each month
thereafter, until either a reorganization plan is confirmed or this
case is dismissed or converted, whichever occurs first.

The Debtor will maintain insurance on all collateral and will pay
all property taxes on Region Bank's collateral which are due and
payable subsequent to the Petition Filing Date.

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

         http://bankrupt.com/misc/alsb18-00543-7.pdf

              About S&K Machineworks and Fabrication

S&K Machineworks and Fabrication, Inc., a/k/a Coastal Industrial
Fabrication -- http://www.skmachineworks.com/-- offers CNC
machining, conventional machining, and fabrication services.  These
services include pump repair, shaft repair, gear box rebuilding,
reclamation of mechanical parts associated with heavy equipment,
valve repair, and fabrication.  The Company's facility is divided
into a CNC shop of 6,000 sq-ft., a conventional machine shop of
2,000 sq-ft., a fabrication shop of 20,000 sq-ft., a 2,400 sq-ft.
facility dedicated to all stainless steel fabrication work, a 2400
sq-ft. coating/painting shop, 1,200 sq-ft. of office space, and 800
sq-ft. chemical storage area.  The Company is headquartered in Bay
Minette, Alabama.  

S&K Machineworks and Fabrication sought Chapter 11 protection
(Bankr. S.D. Ala. Case No. 18-00543) on Feb. 12, 2018.  In the
petition signed by Bill Kinggard, president, the Debtor had $1.83
million in total assets and $4.25 million in total liabilities.
The Debtor is represented by Irvin Grodsky, Esq. at Irvin Grodsky
P.C.


SAMBILL LLC: Hires Willis & Wilkins as Counsel
----------------------------------------------
Sambill, LLC, seeks authority from the U.S. Bankruptcy Court for
the Western District of Texas to employ Willis & Wilkins, L.L.P.,
as counsel to the Debtor.

Sambill, LLC requires Willis & Wilkins to:

   a. give the Debtor legal advice with respect to its power and
      duties as Debtor-in-possession in the continued operation
      of its personal management of its property;

   b. take necessary action to collect property of the estate and
      file suits to recover the same;

   c. represent the Debtor as Debtor-in-possession in connection
      with the formulation and implementation of a Plan of
      Reorganization and all matters incident thereto;

   d. prepare on behalf of the Debtor as Debtor-in-possession
      necessary applications, answers, orders, reports and other
      legal papers;

   e. object to disputed claims; and

   f. perform all other legal services for the Debtor as Debtor-
      in-possession which may be necessary in the bankruptcy
      case.

Willis & Wilkins will be paid at the hourly rate of $375.

Willis & Wilkins will be paid a retainer in the amount of $17,500.

Willis & Wilkins will also be reimbursed for reasonable
out-of-pocket expenses incurred.

James S. Wilkins, a partner at Willis & Wilkins, 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.

Willis & Wilkins can be reached at:

          James S. Wilkins, Esq.
          WILLIS & WILKINS, L.L.P.
          711 Navarro Street, Suite 711
          San Antonio, TX 78205-1711
          Tel: (210) 271-9212
          Fax: (210) 271-9289

                      About Sambill, LLC

Sambill, LLC, based in Boerne, Texas, filed a Chapter 11 petition
(Bankr. W.D. Tex. Case No. 18-50345) on Feb. 17, 2018.  In the
petition signed by Sam Bournias, managing member, the Debtor
estimated $1 million to $10 million in both assets and liabilities.
The Hon. Craig A. Gargotta presides over the case.  James S.
Wilkins, Esq., at Willis & Wilkins, L.L.P., serves as bankruptcy
counsel to the Debtor.


SHREE SWAMINARAYAN: Committee Hires Fox Rothschild as Attorney
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of Shree Swaminarayan
Satsang Mandal, Inc., seeks authorization from the U.S. Bankruptcy
Court for the District of New Jersey to retain Fox Rothschild LLP,
as attorney to the Committee.

The Committee requires Fox Rothschild to:

   a. provide legal advice to the Committee with respect to its
      powers and duties in all matters pertaining to the
      bankruptcy case;

   b. prepare, on behalf of the Committee, all necessary
      applications, motions, answers, orders, reports and other
      legal papers required or appropriate in connection with the
      bankruptcy case;

   c. analyze the Debtor's financial condition to determine the
      best course of action to follow in order to achieve the
      best possible outcome for all creditors;

   d. appear in Court and protect the interest of the Committee
      and all unsecured creditors;

   e. represent the Committee in any adversary proceedings
      whether commenced by it or against it in connection with
      the bankruptcy case; and

   f. perform all other legal services for the Committee that may
      be reasonable or necessary in the bankruptcy case in the
      exercise of its duties to represent the interests of all
      general unsecured creditors.

Fox Rothschild will be paid at these hourly rates:

         Partners             $265 to $875
         Counsel              $160 to $895
         Associates           $210 to $575
         Paralegals           $130 to $400

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

Mark E. Hall, a partner at Fox Rothschild, 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 Debtor; (b) has not
been, within two years before the date of the filing of the
Debtor's chapter 11 petition, directors, officers or employees of
the Debtor; 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 Debtor, or for any other
reason.

Fox Rothschild can be reached at:

         Mark E. Hall, Esq.
         Paul J. Labov, Esq.
         Joseph A. Caneco, Esq.
         FOX ROTHSCHILD LLP
         49 Market Street
         Morristown, NJ 07960-5122
         Tel: (973) 992-4800
         Fax: (973) 992-9125
         E-mail: mhall@foxrothschild.com
                 plabov@foxrothschild.com
                jcaneco@foxrothschild.com

                    About Shree Swaminarayan
                         Satsang Mandal

Shree Swaminarayan Satsang Mandal Inc. filed a Chapter 11 petition
(Bankr. E.D. Tex. Case No. 17-42100) on Sept. 26, 2017.  At the
time of filing, the Debtor estimated less than $1 million both in
assets and liabilities.

On Dec. 6, 2017, the case was transferred to the U.S. Bankruptcy
Court for the District of New Jersey and was assigned a new case
number (Case No. 17-34558). Judge Michael B. Kaplan presides over
the case.

The Debtor tapped Andrew J. Kelly, Esq., at The Kelly Firm, P.C.,
and Joyce W. Lindauer, Esq., and Sarah M. Cox, Esq., at Joyce W.
Lindauer Attorney, PLC, as counsel.

The Official Committee of Unsecured Creditors formed in the case
retained Fox Rothschild LLP, as attorney.


SOUTH COAST: Selling 314 LyondellBasell Shares for Market Value
---------------------------------------------------------------
South Coast Supply Co. asks the U.S. Bankruptcy Court for the
Southern District of Texas to authorize the sale of its 314 shares
of Class A common stock in LyondellBasell Industries N.V. for the
current market value.

A hearing on the Motion is set for March 26, 2018 at 10:30 a.m.
Objections, if any, must be filed within 21 days of the date the
Motion was served.

The Debtor scheduled the Shares in Schedule A/B.  The scheduled
value was $33,595, based on the share price of $107 on Dec. 17,
2017.  As of the filing of the Motion, the value of the Shares is
roughly $39,000.

The Debtor has an outstanding revolving loan with Briar Capital,
L.P., and Briar Capital Working Capital Fund, LLC has filed a proof
of claim in the amount of $2,563,191 as a secured creditor and
asserts that it has a first lien in and against all of the Debtor's
assets including, but not limited to, the Shares.  As a result, the
cash revenues received by the Debtor from the sale of the Shares
are the cash collateral of Briar Capital.

The Agreed Second Interim Order Authorizing Use of Cash Collateral
Nunc Pro Tunc was entered Feb. 26, 2018, and a final hearing on
authority to use cash collateral is set on March 12, 2018.  The
Debtor has discussed the sale of the Shares with Briar Capital and
has agreed that the proceeds of the sale will be deposited into a
segregated account and will not be disbursed unless and until: (i)
the Debtor obtains the prior written consent of Briar Capital; (ii)
the Court enters an order directing the disbursement; or (iii)
disbursement is required pursuant to a confirmed plan of
reorganization.  Accordingly, Briar Capital’s lien rights are
adequately protected.  No other creditor has a lien or claim to the
Shares.

The purchase price of the Shares will be the highest price
obtainable, because they will be sold on the New York Stock
Exchange for the current market value.  As such, the Debtor
believes that purchase price will be fair and reasonable, and the
relief sought is in the best interest of the estate and its
creditors.

The Creditor:

          BRIAR CAPITAL WORKING
          CAPITAL FUND, LLC
          1500 CityWest Blvd.
          Suite 560
          Houston, TX 77042-2351

          BRIAR CAPITAL, L.P.
          1500 CityWest Blvd.
          Suite 560
          Houston, TX 77042-2351

                     About South Coast Supply

Founded in 1972 and headquartered in Houston, Texas, South Coast
Supply Company -- http://www.southcoastsupply.com/-- is a
distributor of industrial equipment including flanges, weld
fittings, long weld necks, OD & ID heads, pipe, valves, pressure
fittings and piping accessories.  South Coast is a dependable
supply source for engineering/construction, vessel fabricators,
heat exchanger industry, original equipment manufacturers (OEM),
industrial contractors, gas transmission companies, mechanical
contractors, water/wastewater industry and companies in oil and gas
exploration/processing industries in the U.S. and export market.

South Coast Supply Company filed for Chapter 11 bankruptcy
protection (Bankr. S.D. Tex. Case No. 17-35898) on Oct. 20, 2017,
estimating its assets and liabilities at between $1 million and $10
million.  The petition was signed by Steven Mark Gray, CEO.

Judge Karen K. Brown presides over the case.

Miles H. Cohn, Esq., at Crain, Caton & James, P.C., serves as the
Debtor's bankruptcy counsel.


SOUTHSIDE CHURCH: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Southside Church of Christ of Jacksonville,
Inc. as of March 9, according to a court docket.

                 About Southside Church of Christ
                       of Jacksonville Inc.

Southside Church of Christ of Jacksonville, Inc. sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
18-00219) on January 24, 2018.

In its petition signed by Harold A. Rollinson, president, the
Debtor disclosed that it had estimated assets of $1 million to $10
million and liabilities of less than $1 million.  

Judge Jerry A. Funk presides over the case.


SPRINGLEAF FINANCE: Moody's Rates New $1.25BB Sr. Unsec. Notes B2
-----------------------------------------------------------------
Moody's Investors Service assigned a B2 rating to the new
seven-year senior unsecured notes in the amount of $1.25 billion
issued by Springleaf Finance Corporation, a subsidiary of OneMain
Holdings, Inc.  The rating outlook is positive.

In the same rating action, Moody's assigned the following
provisional ratings to OneMain Holdings' shelf program filed on
November 7, 2017, under which the new notes were issued:

Springleaf Finance Corporation:

Gtd Senior Unsecured Shelf -- (P)B2

Gtd Subordinated Shelf -- (P)B3

Gtd Junior Subordinated Shelf -- (P)Caa1

Gtd Senior Unsecured Regular Bond/Debenture, Assigned B2,
positive

OneMain Holdings, Inc.:

The assigned provisional ratings for each debt class are shown as
non-backed (assuming no guarantee from Springleaf Finance
Corporation). Should the debt securities issued by OneMain
Holdings, Inc. be guaranteed by Springleaf Finance Corporation, the
ratings would be equalized with those of Springleaf Finance
Corporation.

Senior Unsecured Shelf -- (P)Caa1

Subordinated Shelf -- (P)Caa2

Junior Subordinated Shelf-- (P)Caa3

RATINGS RATIONALE

The B2 rating assigned to Springleaf Finance's new notes is based
upon terms and conditions that are consistent with the issuer's
existing senior unsecured debt. New notes will rank pari passu with
all existing senior notes of Springleaf Finance and will mature in
2025. Springleaf Finance intends to use the proceeds from the
offering for general corporate purposes, which may include a
partial redemption of OneMain Financial Holdings, LLC's ("OneMain
Financial") 7.25% Senior Notes due 2021 and other debt
repurchases.

OneMain Holdings' corporate family rating of B2 reflects its
improved capitalization, liquidity, and funding profile since the
acquisition of OneMain Financial in November 2015. Factors
presently constraining the rating at B2 include OneMain Holdings'
still elevated leverage and substantial acquisition-related
charges, which have pressured its earnings and delayed deleveraging
through earnings retention.

The positive outlook on the ratings reflects Moody's expectation
that OneMain Holdings' earnings will continue to strengthen in the
next few quarters as a significant portion of the
acquisition-related charges abates, and that the company will
continue to improve its capitalization through earnings retention.

OneMain Financial's senior unsecured debt is rated B1, one notch
higher than the consolidated company's CFR. This is due to OneMain
Financial's solid capitalization, as well as the bond indenture
covenants that impose restrictions on leverage and limit
shareholder distributions that could otherwise weaken OneMain
Financial's capital buffer.

Springleaf Finance's senior unsecured debt is rated B2, one notch
below OneMain Financial's senior unsecured rating. Springleaf
Finance's debt does not have structural protections in its
indenture covenants like OneMain Financial's. Also reflected in the
rating differentiation is Moody's view that Springleaf Finance has
a weaker capitalization given a relative size of the intercompany
note receivable created upon the acquisition of OneMain Financial.

Factors that could lead to an upgrade:

OneMain Holdings' corporate family rating could be upgraded if
OneMain Holdings 1) continues its progress toward de-leveraging
through earnings retention by achieving a ratio of tangible common
equity to tangible managed assets in excess of 10%; 2) demonstrates
consistently strong earnings with an average annual return on
assets of at least 2%; 3) continues to maintain a strong liquidity
profile with an ample availability under its warehouse facilities
and balanced debt maturities. Springleaf Finance's and OneMain
Financial's ratings will be closely aligned with those of OneMain
Holdings and, therefore, would likely be upgraded together with the
ratings of the holding company.

Factors that could lead to a downgrade:

The outlook could be revised to stable if OneMain Holdings' future
earnings prove to be weaker than anticipated, which would delay
further deleveraging. The outlook could also be revised to stable
if the company chooses not to de-lever through earnings retention,
pursuing instead a more aggressive financial policy through capital
distributions.

Moody's might downgrade the ratings if OneMain Holdings' financial
performance meaningfully deteriorates, resulting in financial
losses and equity erosion, or if the company increases its
leverage. Moody's might also downgrade the ratings in case of
weakening of the company's underwriting criteria in order to pursue
an aggressive loan portfolio growth.

Springleaf Finance's and OneMain Financial's ratings will be
closely aligned with those of OneMain Holdings and, therefore,
would likely be downgraded together with the ratings of the holding
company. In addition, negative rating pressure could develop on
OneMain Financial's ratings if its leverage increases
substantially, or if the structural protections afforded to it
through its debt indenture covenants were weakened and no longer
provided the credit protection they do.


SS&C TECHNOLOGIES: S&P Assigns 'BB' Rating on Term Loan B-3 & B-4
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB' issue-level rating and '3'
recovery rating to Windsor, Conn.-based SS&C Technologies Inc.'s
$5.045 billion term loan B-3, and its 'BB' issue-level rating and
'3' recovery rating to SS&C European Holdings S.A.R.L.'s $1.8
billion term loan B-4. The '3' recovery rating indicates our
expectation of meaningful (50%-70%; rounded estimate: 50%) recovery
in the event of default. The 'BB' issue-level and '3' recovery
ratings on the existing term loan B-1 ($528 million balance at
close) and term loan B-2 ($8 million balance at close) are
unchanged.

Though the $6.845 billion total amount of these new issuances is
higher than the $6.13 billion cited in our Feb. 27, 2018, report,
the incremental proceeds will be used to repay existing term loan B
lenders who opted into the new term loan B issuances. There is no
material change to the total term loan B amounts from what S&P
Global Ratings previously rated. All other ratings on the company
are unchanged.

RATINGS LIST

  SS&C Technologies Inc.
   Corporate Credit Rating        BB/Negative/--

  New Ratings
  SS&C Technologies Inc.
   Senior Secured $5.045 bil   term loan B-3 due 2025      BB
     Recovery Rating              3 (50%)

  SS&C European Holdings S.A.R.L.
   Senior Secured $1.8 bil   term loan B-4 due 2025        BB
     Recovery Rating              3 (50%)


STAG INDUSTRIAL: Fitch Affirms BB+ Preferred Stock Rating
---------------------------------------------------------
Fitch Ratings has affirmed the ratings of STAG Industrial, Inc.
(NYSE: STAG) and its operating partnership STAG Industrial
Operating Partnership, L.P. (collectively, the company), including
the Long-Term Issuer Default Ratings (IDRs), at 'BBB'. Fitch has
also assigned a 'BBB' rating to the previously announced $150
million committed term loan STAG plans to draw down during the
first half of 2018 (1H18) and the $20 million unsecured notes due
February 2027.  

Fitch's ratings for STAG reflect the company's credit strengths,
which include appropriate leverage and fixed charge coverage
metrics for the rating, solid liquidity, a sizable unencumbered
asset pool and improving access to unsecured debt capital.

Fitch expects STAG to operate through the cycle with metrics that
are appropriate for the 'BBB' rating, including net debt to
annualized recurring EBITDA (adjusted for partial period
investments) sustaining in the mid 5.0x range and fixed charge
coverage above 3.0x.

KEY RATING DRIVERS

Appropriate Leverage: Fitch projects the company will sustain
leverage around 5.5x during the next three years on an annualized
basis, which is within the company's stated operating band of
5x-6x. Fitch estimates that STAG's leverage was 4.9x based on an
annualized run rate of recurring operating EBITDA for the quarter
ending Dec. 31, 2017 and 5.3x for FY2017. The company's leverage
increases to 5.6x after including the company's preferred stock,
which is given 50% equity credit.

Single Tenant Focus: STAG has a differentiated strategy with regard
to both its product and market focus compared to other public REIT
peers in the industrial property sector. Its portfolio consists of
single tenant asset buildings versus multi-tenant buildings that
other REITs pursue. This focus creates incremental risk in that
there is more of a binary outcome in STAG's portfolio; each
building is either 100% leased or 0% leased. Therefore, a partial
impact when an individual tenant vacates its space does not exist
in the same manner that it does for multi-tenant buildings, where
the remainder of the building is still occupied. However, this
market concentration also presents opportunities from the
perspective that there is less competition and the other players in
the space tend not to be as sophisticated or well-capitalized as
typical institutional buyers, which creates enhanced pricing and
return potential. Moreover, STAG's ownership of an entire portfolio
of these types of buildings creates a mitigating effect, where it
has approximately 95% overall occupancy that its smaller, less
capitalized competitors in the space cannot replicate. The
company's management team focuses on the binary aspect of the cash
flow of individual, single-tenant, industrial properties and the
opportunity for cash flow growth across markets, industries,
segments and property sizes. This differentiated business model is
thoughtful in its considerations of leasing, asset management,
credit and capital market funding, which Fitch views favorably.

STAG's growth strategy on the acquisition of single tenant
industrial buildings, includes warehouse/distribution properties
(89.3% of annualized base rent (ABR)), manufacturing assets (8.1%)
and flex/office space (1.3%). The company's emphasis on relative
value has predominantly led it to acquire properties in secondary
markets throughout the United States by sourcing third party
purchases and structured sale-leasebacks. Such transactions
typically range in price from $5 million to $50 million.

The company has only minimal exposure to what market participants
generally consider 'core' U.S. industrial and logistics markets,
which include Chicago, Los Angeles/Inland Empire, Dallas - Fort
Worth, Atlanta and New York/Northern New Jersey. Fitch views this
as a credit negative, all else equal, given superior liquidity
characteristics for industrial assets in these 'core' markets both
in terms of financing capacity and transaction volumes. However,
the portfolio's granular geographic diversity should help reduce
cash flow volatility; STAG's top 10 markets comprise less than half
(45.8%) of total annualized base rent (ABR), with no market
representing greater than 10%.

Differentiated Strategy within Fragmented Market: In addition to
the company's focus on relative value across the top 60 markets,
where it believes more attractive pricing and consequently higher
potential returns can be found, STAG further looks to differentiate
itself by exploiting the fragmented nature of its market approach.
Its current market share in target markets is less than 1% of the
$250 billion single-tenant industrial market, providing growth
opportunities in the company's target asset class. The company
presently has approximately a 40/50/10 allocation to primary,
secondary and tertiary markets, respectively.

At Dec. 31, 2017, secondary markets comprised the plurality of
STAG's portfolio (49.9% of annualized base revenue), followed by
primary markets (42.4%) and tertiary markets (7.7%). The company
defines primary markets as the 34 largest industrial metropolitan
areas, which each have approximately 200 million or more in net
rentable square footage. Secondary industrial markets have net
rentable square footage ranging from approximately 25 million to
approximately 200 million and tertiary markets are those with less
than 25 million square feet of net rentable industrial square
footage.

Limited Organic Growth: Fitch expects STAG's same store net
operating income (SSNOI) to be flat to slightly positive through
Fitch projection period as occupancy losses offset solidly positive
leasing spreads. STAG's SSNOI growth will likely trail its
industrial REIT peers due to the company's strategy of acquiring
100% occupied single-tenant industrial buildings. As the company
grows larger and its acquisitions season, the law of large numbers
essentially pulls STAG's portfolio occupancy rate closer to market
(roughly 93% to 95%). However, the same-store pool only represents
approximately two-thirds of the company's existing portfolio and it
averages annual rent escalations of ~2%; therefore, Fitch projects
the total existing in-place portfolio to experience internal growth
of ~1% for FY2018.
STAG is generally compensated for this occupancy loss through
higher going-in yields for acquisitions. The company's leasing
spreads and tenant retention rates are generally in-line with its
peers, which Fitch views as alternative measures of portfolio
quality and functionality.

STAG's cash SSNOI declined by -0.4% during the fourth quarter of
2017 (4Q17) and -0.1% for the year ended 2017. This follows
positive 2.6% and 0.6% SSNOI growth during 2016 and 2015,
respectively, which reversed a negative trend that included SSNOI
declines of 2.3% and 2.2% in 2014 and 2013, respectively. STAG
retained 59% of its expiring leased square footage for the year
ended Dec. 31, 2017, which was lower than the company's long-term
average of 70% but was related to certain operational decisions
made over the course of the year to let specific leases expire in
order to generate higher rental rates or opportunistic vacant
property sales. The result was a decrease in tenant retention to
59% from 73% in 2017 but with minimal impact to occupancy and
stronger rent growth expectation prospectively.

Improving Capital Access: STAG's issuances of senior unsecured
notes in July 2014, October 2014, December 2014, February 2015 and
December 2015 have been important milestones in the company's
transition to a predominantly unsecured borrowing strategy,
evidencing broader access to unsecured debt capital. However,
STAG's unsecured debt capital access remains somewhat less
established than similarly rated peers pending an inaugural public
unsecured bond offering and further private placement issuance.
Prior to the company's inaugural private placement issuance, STAG's
unsecured borrowings were limited to three bank term loans, as well
as drawdowns under the company's unsecured revolver. However, the
company continues to moves towards an entirely unsecured debt
strategy with only $59 million of mortgage debt (~5.0% of total
debt) remaining in its capital structure.

Solid Portfolio Diversification: STAG's portfolio has good
diversification from a geographic perspective with no market
comprising as much as 10% of ABR. At Dec. 31, 2017, Philadelphia
had the highest concentration of any market at 9.9% of ABR; the
company's top 10 markets only comprise 45.8% of ABR. Likewise, STAG
has strong tenant diversification; its largest tenant, General
Services Administration only represents 2.6% of annualized base
rent and the top 10 tenants only comprise 13.9% of ABR. In
addition, STAG has reasonable industry diversification among its
tenant base, although it does have moderate concentration in its
highest represented industries with automotive at 13.8% of ABR and
air freight & logistics at 12.5% of ABR.

Straightforward Business Model: STAG has not made investments in
ground-up development or unconsolidated joint venture partnerships,
in contrast to many of its industrial REIT peers. The absence of
these items helps simplify the company's business model, improve
financial reporting transparency and reduce potential contingent
liquidity claims, which Fitch views positively.

Preferred Stock Notching: The two-notch differential between STAG's
IDR and preferred stock rating is consistent with Fitch's criteria
for a U.S. REIT with an IDR of 'BBB'. These preferred securities
are deeply subordinated and have loss absorption elements that
would likely result in poor recoveries in the event of a corporate
default.

DERIVATION SUMMARY

STAG's ratings reflect the issuer's sound portfolio of industrial
real estate that is well distributed across the United States with
a solid management team and leverage that is relatively low for the
rating category. The company has a relatively simple business model
with minimal exposure to joint ventures or development risk. These
strengths are partially offset by lower anticipated organic growth
than industrial peers due to its single tenant asset concentration.
STAG possesses a smaller portfolio relative to higher rated
industrial REIT peers, such as Prologis and Duke Realty with weaker
demonstrated access to capital than these companies. However, STAG
does exhibit stronger diversification, more conservative financial
policies and potentially less volatility than lower rated
industrial peers, Rexford and Terreno.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Fitch Rating Case for the Issuer
-- SSNOI growth in the 1%-2% range over the forecast period;
-- Acquisitions of $600 million, $650 million, $750 million, and
    $800 million in 2018, 2019, 2020, and 2021, respectively;
-- Dispositions of $200 million to 250 million annually;
-- Equity issuance of $150 million in 2018, $250 million in 2019,

    and $300 million in 2020 and 2021.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action
-- Leverage calculated on an annualized basis adjusted for
    acquisitions sustaining below 5.0x (leverage was 5.3x as of
    Dec. 31, 2017);
-- Further expansion of STAG's unsecured debt capital access;
-- Fixed charge coverage sustaining above 4.0x (coverage was 4.1x

    for the year ended Dec. 31, 2017).

Developments That May, Individually or Collectively, Lead to
Negative Rating Action
-- Indications that STAG's property portfolio is not competing
    effectively within its markets, which could include below
    market leasing velocity and rent growth and weak SSNOI growth
    for seasoned acquisitions;
-- Fitch's expectation for leverage sustaining above 6x;
-- Fixed charge coverage sustaining below 3.0x;
-- Unencumbered assets to net unsecured debt of below 2.0x.

LIQUIDITY

Adequate Liquidity: Fitch calculates that STAG's liquidity coverage
is 1.3x for the period from Jan. 1, 2018 to Dec. 31, 2019. This
results in a liquidity surplus of ~$105 million, assuming the
company draws on the delayed draw term loan before July 2018. Fitch
defines liquidity coverage as sources of liquidity (unrestricted
cash, availability under the revolving credit facility, and
expected retained cash flows from operating activities after
dividend payments) divided by uses of liquidity (debt maturities
and recurring capital expenditures), adjusting for known pro forma
activities.

FULL LIST OF RATING ACTIONS

Fitch has affirmed STAG's ratings:
STAG Industrial, Inc.
-- Issuer Default Rating (IDR) at 'BBB';
-- Preferred stock at 'BB+'.

STAG Industrial Operating Partnership, L. P.
-- IDR at 'BBB';
-- Unsecured revolving credit facility at 'BBB';
-- Unsecured term loans at 'BBB';
-- Unsecured notes at 'BBB'.

The Rating Outlook is Stable.


STOP ALARMS: Trustee Selling/Abandoning Personal Property
---------------------------------------------------------
Michael E. Collins, the Chapter 11 Trustee of Stop Alarms Holdings,
Inc. and Stop Alarms, Inc., asks the U.S. Bankruptcy Court for the
Northern District of Georgia to authorize him (i) to sell personal
property by auction; and (ii) to employ Morris Realty & Auction
Group, LLC to conduct auction sales of the auction property; (iii)
to sell other personal property by private sale to Titan Low
Voltage, LLC for $2,500; and (iv) to abandon unsold property; and
(v) to destroy records of the Debtors relating to historical
account.

On Feb. 7, 2018, the Court entered the Sale Order under which the
Trustee was authorized to sell substantially all the Debtors'
operating assets to Frase Protection, Inc.  The Term Sheet that was
approved by the Sale Order gave Frase the option to take or not
take certain personal property assets of the Debtor.  The sale of
assets to Frase has now closed and the estate retains certain
personal property, including furniture, equipment, vehicles and
inventory, which Frase has elected not to take.

The Trustee asks authority to sell certain of these retained assets
through an auction process.  The Auction Property is listed as
Exhibit A.  He asks that the Court approves Morris to conduct this
auction process free and clear of liens, with such liens attaching
to the proceeds of the sale of the collateral.  The sale of the
Auction Property should be approved as an exercise of the Trustee's
business judgment.  The Trustee believes that an auction sale of
the Auction Property will maximize the value of this property for
the Debtors' estates.

Morris proposes to charge a non-estate buyer's premium of 10% to be
retained by Morris and not included in the funds to be turned over
to the Trustee.  In addition, Morris will receive a 5% commission
on the gross sales plus reimbursement for actual expenses.  Morris
shall be paid the commission and expense reimbursement only after
application to and approval of such amounts by the Court.
Additionally, Morris will assist with the destruction of the
records and will be compensated for such services.

The Trustee further asks authority to sell the Private Sale
Property to Titan pursuant to private sale for $2,500.  The Private
Sale Property is listed as Exhibit B.  The sale of the Private Sale
Property should be approved as an exercise of the Trustee's
business judgment.  

The Private Sale Property are parts manufactured by Siemens.  Only
monitoring companies who use this brand of parts would have an
interest in purchasing them.  Given this limited market, the
Trustee is skeptical of the success of an auction sale of the
Private Sale Property.  The Trustee believes that a private sale to
Titan of the Private Sale Property without paying auctioneer fees
or other sale-related charges is in the best interest of the
estates.  The Trustee asks that the Court approves the private sale
of the Private Sale Property free and clear of liens, with such
liens attaching to the proceeds of the sale of the collateral.

The Debtors' personal property assets, including the Auction
Property and the Private Sale Property, with the exception of their
vehicles, are subject to the perfected liens of Bernard Carney Jr.
and Bernard Carney, III.  The Carneys have agreed to waive their
security interests in the Auction Property and the Private Sale
Property.

Although the Trustee is optimistic that the auction of the Auction
Property by Morris will result in the sale of all of the Auction
Property, there is a chance that no bids may be registered for some
of the Auction Property.  If this occurs, he asks approval to
abandon such Abandonable Property because it has inconsequential
value to the Debtors' estates.

Additionally, there are certain records relating to customer
contracts that are no longer necessary to the administration of the
estates and need to be destroyed in a manner that ensures the
privacy interests of the customers are protected.  To deal with
these Records, the Trustee has contacted Morris to shred the
Records.  The Trustee asks that the Court approves Morris'
destruction of the Records.

A copy of Exhibits A and B attached to the Motion is available for
free at:

         http://bankrupt.com/misc/Stop_Alarms_221_Sales.pdf

The Creditors:

          Bernard J. Carney III
          8001 Centerview Parkway
          Suite 103
          Cordova, TN 38018-4276

          Bernard J. Carney Jr.
          8001 Centerview Parkway
          Suite 103
          Cordova, ATN 38018-4276

The Auctioneer:

          MORRIS REALTY & AUCTION GROUP, LLC
          2133 Whitten Road,
          Memphis, TN 38133

                       About Stop Alarms

Headquartered in Memphis, Tennessee, Stop Alarms --
http://www.stopalarmsystems.com/-- is a security company providing
security solutions for every aspect of security and life safety
across the residential and commercial marketplace.  It provides
home security and automation via an Alarm.com enabled iPhone, iPad,
Android, and other mobile apps.

Stop Alarms Holdings, Inc., and affiliate Stop Alarms, Inc., filed
for Chapter 11 bankruptcy protection (Bankr. N.D. Ga. Lead Case No.
17-57661) on April 28, 2017. Patrick Massey, president, signed the
petitions.  The cases are jointly administered.

Stop Alarms Holdings estimated assets of less than $500,000 and
liabilities of $1 million to $10 million.  SAI estimated assets of
less than $1 million and liabilities of $1 million to $10 million.


David L. Bury, Jr., Esq., at Stone & Baxter, LLP, serves as the
Debtors' bankruptcy counsel.  Alexander Thompson Arnold PLLC is the
Debtors' public accountants.

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


STYLES FOR LESS: Hires Hilco IP as IP Consultant
------------------------------------------------
Styles For Less, Inc., seeks authority from the U.S. Bankruptcy
Court for the Central District of California to employ Hilco IP
Services, LLC d/b/a Hilco Streambank, as intellectual property
consultant to the Debtor.

Styles For Less requires Hilco IP to:

   a. collect, secure, and analyze all available information and
      data concerning the IP;

   b. prepare marketing materials, subject to the Debtor's prior
      approval, to inform potential purchasers of the
      availability of the IP for sale, assignment, license, or
      other disposition;

   c. advise the Debtor on a proposed purchase price and form of
      consideration for the IP;

   d. develop and execute a sales and marketing program designed
      to elicit proposals to acquire the IP from qualified
      acquirers with a view toward completing one or more sales,
      assignments, licenses, or other dispositions of the IP
      ("Transaction") following an auction or auctions under
      Section 363 of the Bankruptcy Code (the "Auction");

   e. identify and contact selected qualified buyers ("Buyers"
      and individually, "Buyer") for a Transaction;

   f. assist the Debtor in arranging for potential Buyers to
      conduct due diligence investigations;

   d. assist the Debtor in connection with the conduct of the
      Auction and the transfer of the IP to the Buyer(s) who
      offer the highest or otherwise best consideration for
      the IP, as determined by the Court; and

   e. execute of all other marketing and sales activities related
      to the IP.

Hilco IP 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.

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

David Peress, executive vice president of Hilco IP Services, LLC
d/b/a Hilco Streambank, 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.

Hilco IP can be reached at:

     David Peress
     HILCO IP SERVICES, LLC
     D/B/A HILCO STREAMBANK
     1500 Broadway, Suite 810
     New York, NY 10036
     Tel: (212) 610-5663

                     About Styles For Less

Styles For Less, Inc., a "fast fashion" company, offers trend
seekers the hottest styles of clothing, shoes, accessories and more
at discounted prices. In the past 20 years the company has grown to
more than 160 store locations. Styles For Less was founded in 1992
and is based in Anaheim, California.

Styles For Less filed a Chapter 11 petition (Bankr. C.D. Cal. Case
No. 17-14396) on Nov. 6, 2017.  The Debtor estimated assets and
debt of $10 million to $50 million.  The Hon. Mark S Wallace is the
case judge.  The Debtor tapped Winthrop Couchot Golubow Hollander,
LLP, as counsel.

Peter C. Anderson, U.S. Trustee for the Central District of
California appointed seven creditors to serve on the official
committee of unsecured creditors in the Chapter 11 case.



TRINQUILITY CORP: Hires Hatillo Law as Counsel
----------------------------------------------
Trinquility Corp. seeks authority from the U.S. Bankruptcy Court
for the District of Puerto Rico to employ Hatillo Law Office, PSC,
as counsel to the Debtor.

Trinquility Corp. requires Hatillo Law to:

   a. give the Debtor legal advice with respect to its powers and
      duties as debtor in possession in the continued operation
      of its business and management of its property;

   b. prepare on behalf of the Debtor as debtor in possession
      necessary applications, answers, orders, reports and other
      legal papers; and

   c. perform all other legal services for the Debtor as debtor-
      in-possession which may be necessary, and it is necessary
      for the Debtor as debtor-in-possession to employ an
      attorney for professional services.

Hatillo Law will be paid at these hourly rates:

         Attorneys        $250
         Paralegals        $50
         Law Clerks        $50

Hatillo Law will be paid a retainer in the amount of $6,202.

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

Jaime Rodriguez Perez, a partner at the Hatillo Law Office, 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.

Hatillo Law can be reached at:

     Jaime Rodriguez Perez, Esq.
     HATILLO LAW OFFICE, PSC
     Urb. Rexville, BB021 Calle 38
     Bayamo, PR 00938
     Tel: (787) 797-4174
     Fax: (638) 9704
     E-mail: jaime_rodriguez_perez@yahoo.com

                    About Trinquility Corp.

Trinquility Corp. filed a Chapter 11 bankruptcy petition (Bankr.
D.P.R. Case No. 18-00738) on Feb. 12, 2018, estimating under $1
million in both assets and liabilities.  The Debtor is represented
by Jaime Rodriguez Perez, Esq., at Hatillo Law Office, PSC.


UNITED CHARTER: Hires Mok Accountancy as Accountant
---------------------------------------------------
United Charter LLC, seeks authority from the U.S. Bankruptcy Court
for the Eastern District of California to employ Mok Accountancy
Corporation, as accountant to the Debtor.

United Charter requires Mok Accountancy to:

   (a) prepare monthly operating reports; and

   (b) prepare tax returns for the within Chapter 11 bankruptcy
       estate.

Mok Accountancy 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.

Marco Yee, partner of Mok Accountancy Corporation, 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.

Mok Accountancy can be reached at:

     Marco Yee
     MOK ACCOUNTANCY CORPORATION
     181 2nd Ave., Suite 688
     San Mateo, CA 94401
     Tel: (650) 342-2121

                   About United Charter LLC

United Charter LLC, owner of certain properties in Stockton,
California, filed a Chapter 11 petition (Bankr. E.D. Cal. Case No.
17-22347) on April 7, 2017.  In the petition signed by Raymond
Zhang, managing member, the Debtor estimated assets and liabilities
ranging from $1 million to $10 million.  The case is assigned to
Judge Ronald H. Sargis.  The Debtor is represented by Jeffrey J.
Goodrich, Esq., at Goodrich & Associates.


UNIVERSAL LAND: March 28 Auction Includes Additional Real Property
------------------------------------------------------------------
Universal Land & Livestock, LLC, asks the U.S. Bankruptcy Court for
the Southern District of Indiana to authorize the sale of a portion
of its real estate located in Vermillion County, Indiana,
consisting of approximately 1,044 gross acres, at auction.

The Debtor owns the Additional Real Estate.  On Jan. 5, 2018, the
Debtor filed its Motion Pursuant to 11 U.S.C. Section 363 for an
Order Authorizing and Approving the Sale of Debtor's Real Estate to
Hicks Farms, Inc., Free and Clear of Liens, Claims, Interests, and
Encumbrances with Valid Liens to Attach to Sale Proceeds which was
granted by the Court.  Subsequently, Hicks Farm gave notice of
termination of the Real Estate Purchase Agreement pursuant to
Section 3 thereof due to its lack of ability to timely secure
funding to meet the closing deadlines.

On Feb. 20, 2018, the Debtor obtained Court approval to sell
approximately 2,300 acres or real estate owned by the Debtor at
auction, and obtained Court approval to retain Lowderman Auction &
Real Estate to conduct the Auction.  The Debtor desires to maintain
the services of the Auctioneer to conduct and hold an auction of
the Real Estate under the same Employment Order.  The Auction of
the Real Estate is scheduled for March 27, 2018.

By the Motion, the Debtor asks to include and sell the Additional
Real Estate at the Auction, free and clear of all liens, claims,
interests and encumbrances.  The Auction and marketing will be at
the Auctioneer's discretion with timely advertising.  The estimated
advertising budget will be $80,000 which will be prorated between
the sale of the equipment, livestock and frozen genetics of the
Debtor, as well as assets belonging to Mark and Jame Krieger and
Krieger Farms.  The Debtor, with the assistance of the Auctioneer
and the cooperation of all creditors, will take extensive efforts
to contact all known possible parties that might be interested in
purchasing the Additional Real Estate at the Auction.  

Pursuant to this Sale Motion, the Debtor asks an Order to transfer
the Additional Real Estate as a legal, valid and effective transfer
of the Additional Real Estate which will vest the Purchaser with
all right, title and interest in the Additional Real Estate free
and clear of any liens and claims of any and every kind or nature
whatsoever.  The Debtor believes the sale of the Additional Real
Estate is in the best interest of the estate and creditors.

First Financial Bank is the only lienholder with respect to the
Additional Real Estate other than potential real estate taxes which
will be paid at closing.

The Debtor also asks that if no objections are filed or pending at
the time of hearing on the Motion, that the Court waives the 14-day
stay imposed by Rule 6004(h) of the Federal Rules of Bankruptcy
Procedure.

                       About Universal Land

Universal Land & Livestock, LLC, owns and operates a cattle-fishing
operation located in Vermillion County, Indiana.  The cattle
finishing business includes a cow/calf operation in house breeding,
and finishing cattle off to market weight fats.  The Company owns
3,800 acres of farm ground located in Vermillion County, Indiana;
Vigo County, Indiana; and Edgar County, Illinois.

Universal Land filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Ind. Case No. 17-80750) on Nov. 9, 2017.  In the petition
signed by Peter Krieger, partner, the Debtor estimated its assets
and debt at between $10 million and $50 million.  

Judge Jeffrey J. Graham presides over the case.

John Joseph Allman, Esq., and David R. Krebs, Esq., at Hester Baker
Krebs LLC, serve as the Debtor's bankruptcy counsel.


W. W. CONSTRUCTION: Granite Buying 2005 Trailking Trailer for $19K
------------------------------------------------------------------
W. W. Construction, LLC, filed with the U.S. Bankruptcy Court for
the District of Oregon a notice of its sale of a 2005 Trail King
trailer, plate number HU84584, VIN 1TKA048255M050810, Title Number
1607547903, to Granite Excavation, Inc., for $19,000.

A hearing on the Motion is set for March 28, 2018 at 9:00 a.m.
Objections, if any, must be filed within 21 days the Notice was
served.

The Debtor's estimated value of $25,000 on its Schedule A/B.  It
does not need the 2005 Trail King trailer for its reorganization
and would benefit from the immediate cash infusion.

Any competing bids must be submitted no later than March 15, 2018,
and must exceed the Buyer's offer by at least $5,000.

                    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.


WALKING CO: Gets Interim Order to Access $57.3M Bankr. Financing
----------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order approving on an interim basis, The Walking Company
Holdings' motion to approve debtor in possession financing,
approving postpetition financing, and authorizing use of cash
collateral.  The lead borrower is The Walking Company (the 'Lead
Borrower' or 'TWC'), and the remaining borrowers are Footsmart, and
Big Dog USA, ('Bi Do'). The Walking Company Holdings is party to
the DIP Facility as the parent.

BankruptcyData cited the motion as noting that "[T]he Debtors seek
authority to consummate a new $57.25 million senior, secured
debtor-in-possession financing facility (the 'DIP Facility') with
Wells Fargo Bank, National Association on the terms set forth in
the DIP Agreement, consisting of a revolving facility in an amount
up to $50 million and a term loan facility in an amount up to $7.25
million. The proceeds of the DIP Facility will be used to repay the
existing Prepetition Revolving Credit Obligations and Prepetition
Term Loan Obligations, and to provide continued access to financing
for the Debtors on a postpetition basis pending consummation of the
Debtors' chapter 11 reorganization plan. Revolver borrowings under
the DIP Facility for purposes of the Interim Order shall not exceed
$25 million. The term loan under the DIP Facility is subject to
entry of the Final Order. All Obligations under the Term Loan shall
bear interest on the Daily Balance thereof at a rate per annum
equal to the Term Loan Interest Rate (i.e., greater of (A) LIBOR
Rate and (B) 1% plus (ii) 10.50%). Usual and customary commitment
and Letter of Credit fees for facilities of this type and purpose,
including a closing fee of $250,000 payable to the DIP Agent on
account of the revolving facility and $36,250 payable to the DIP
Term Agent on account of the term facility."

According to the report, the scheduled a final hearing to consider
the DIP facility on April 4, 2018.

                    About The Walking Company

The Walking Company is the leading national specialty retailer of
high-quality, technically designed comfort footwear and
accessories, and offers a selection of premium comfort brands
including ABEO, Dansko, ECCO, Taos, and more.  The Walking Company
operates 208 stores in premium malls across the nation and the
company’s website http://www.thewalkingcompany.com/

On March 6, 2018, The Walking Company Holdings, Inc., along with
affiliates The Walking Company, Big Dog USA, Inc., and FootStmart,
Inc., filed voluntary petitions for relief under Chapter 11 of the
United States Bankruptcy Code (Bankr. D. Del. Lead Case No.
18-10474).  The cases are pending joint administration before the
Honorable Laurie Selber Silverstein.

Pachulski Stang Ziehl & Jones LLP is the Debtors' counsel.
Consensus Advisory Services LLC is the financial advisor.  Kurtzman
Carson Consultants LLC is the claims and noticing agent.

Choate, Hall & Stewart LLP, led by Kevin J. Simard, Esq., and
Womble Bond Dickinson, led by Matthew P. Ward, Esq., serve as
counsel to the DIP Agent, DIP Term Agent, the Prepetition Senior
Agent, and the Prepetition Term Agent.

Irell & Manella LLP, led by Jeffrey M. Reisner, Esq., is counsel to
the Prepetition Subordinated Creditors.


WARREN C. HAVENS: Court Junks Bid to Conduct Limited Discovery
--------------------------------------------------------------
In the case captioned WARREN C. HAVENS, Petitioner, v. XAVIER
BECERRA, Respondent, Case No. 17-cv-06772-PJH (N.D. Cal.),
petitioner Havens, a former detainee, has filed a pro se petition
for a writ of habeas corpus pursuant to 28 U.S.C. section 2254.
Petitioner was sentenced to five days in Alameda County Jail after
being found in contempt by the Alameda County Superior Court.
Petitioner has filed a motion to conduct limited discovery.
District Judge Phyllis J. Hamilton denied the motion.

Petitioner alleged that he was improperly found in contempt of a
state court order for filing a Chapter 11 Bankruptcy petition; and
he was unlawfully held in contempt for defending the rights of the
State of California and the United States by seeking to put a
nonprofit corporation into bankruptcy after it was taken over by
private parties for their illegal gain. Liberally construed, the
court found that the first claim could be viewed as a challenge to
the sufficiency of the evidence.

Petitioner seeks to depose two different parties of the bankruptcy
action. Petitioner has not sufficiently explained how this relates
to his being found in contempt by the state court. Unlike an
ordinary civil litigant, a habeas petitioner must obtain court
permission before he may conduct any discovery. Discovery is only
allowed to the extent that the district court, in the exercise of
its discretion and for good cause shown, allows it. Petitioner has
not shown good cause for the court to permit discovery in this
habeas action.

A copy of Judge Hamilton's Order dated Feb. 20, 2018 is available
at https://is.gd/rSTv2r from Leagle.com.

Warren C. Havens, Petitioner, pro se.

Xavier Becerra, Attorney General State of CA, Respondent,
represented by Alice Bemis Lustre, California Attorney General.


WESTMORELAND COAL: S&P Cuts ICR to 'CCC-', On CreditWatch Negative
------------------------------------------------------------------
U.S.-based coal producer Westmoreland Coal Co. (WLB) has disclosed
substantial doubt as to its ability to comply with its covenants
during the year ending Sept. 30, 2018. An uncured breach of the
covenants would trigger cross-default provisions and all debt would
become immediately due.

S&P Global Ratings lowered its issuer credit rating on Englewood,
Colo.–based Westmoreland Coal Co. to 'CCC-' from 'CCC' and placed
all of its ratings on the company on CreditWatch with negative
implications.

S&P said, "At the same time, we lowered our issue-level rating on
Oxford Mining Co. LLC's (the issuing subsidiary of Westmoreland
Resource Partners LP) first-lien term loan to 'CC' from 'CCC'. The
'4' recovery rating remains unchanged, indicating our expectation
for average recovery (30%-50%; rounded estimate: 45%) to creditors
in the event of a payment default.

"In addition, we lowered our issue-level rating on Westmoreland
Coal's first-lien term loan and 8.75% senior secured notes to
'CCC-' from 'CCC'. The '4' recovery rating remains unchanged,
indicating our expectation for average recovery (30%-50%; rounded
estimate: 35% revised from 40%) to creditors in the event of a
payment default.

"The rating downgrade reflects our view that Westmoreland Coal Co.
(WLB) could breach its fixed charge coverage in the next three to
six months. This would cause a cross default with its term loan and
senior notes that would become immediately due. Westmoreland has a
$321 million term loan that matures in December 2020, and $350
million of senior secured notes that mature in January 2022.

"Furthermore, we view Westmoreland Resource Partners LP's (WMLP)
contemplated restructuring transaction as tantamount to default.
WMLP has $311.7 million (including payment-in-kind [PIK] interest)
term loan debt outstanding, due December 2018. Earlier this year,
WLB announced that a proposed restructuring transaction would
include a transfer of full ownership of the asset collateral to the
term loan lenders."

"WLB's stand-alone operating performance reflects the continued
decline in demand for coal-fired power generation in the U.S. and
the competition from low-priced natural gas. By the end of 2018, we
expect the total volumes sold by the parent will have declined by
about 24%, since 2016. We believe these challenges will limit the
parent's access to capital, especially as its $50 million revolving
credit facility (RCF) is due in December 2018. As of September
2017, WLB's adjusted debt was $1.3 billion (including asset
retirement, pension, and post-retirement obligations, operating
lease, and other debt adjustments). WLB announced a potential
termination of services to WMLP on June 1, 2018. WLB did not
receive any distributions from WMLP in 2017, and we expect that
will continue to be the case in 2018. Although WMLP has long-term
supply contracts (longer than one year) with investment-grade
neighboring power plants, it faces pricing pressure in Ohio from
variable price contracts. Furthermore, upcoming maturities could
result in a liquidity shortfall within the next 12 months.  

"We believe the group's production volumes will be tightly
correlated to natural gas prices, a major substitute for coal used
by utility companies. Our expectation of natural gas prices of $3
per million Btu (mmBtu) as well as company-specific visibility into
2018 volume and price commitments ground our volume and price
expectations in 2018. Furthermore, the U.S. GDP growth assumption
is the main performance driver for industrial customers. This end
market driver further supports our volume and price assumptions in
2018.

"The CreditWatch with negative implications indicates that we may
lower or affirm our ratings. We expect that WLB will default or
pursue a debt restructuring within the next three to six months. We
base our expectation on WLB's potential covenant breach under its
revolving credit facility, which would accelerate the company's
term loan and senior secured notes. We will resolve the CreditWatch
once this potential breach is resolved.

"We would lower the issuer credit rating on WLB if any of the
events of default occur, or if the company pursues a debt
restructuring. This would include breaching a covenant, or altering
the terms of its credit agreement.

"We could affirm the issuer credit rating on WLB if the company
obtains a fixed charge coverage waiver. Although unlikely, this
could also happen if WLB amends its credit agreement and we do not
consider this transaction distressed."


WHEELCHAIR SALES: Wants to Use Cash Collateral Through April 2018
-----------------------------------------------------------------
Wheelchair Sales & Services, Inc., requests the U.S. Bankruptcy
Court for the Northern District of Illinois to authorize its use of
the cash collateral of its creditor, McKesson Corporation, through
April 2018.

The proceeds of the operations of the Debtor, including the sale of
inventory, constitute cash collateral under the Bankruptcy Code.
The Debtor requires the use of cash collateral to pay utilities,
salaries, wages, rent, credit card processing, and other operating
expenses, and to purchase new inventory.

Among the creditors of the Debtor is McKesson Corporation, which
holds a lien on substantially all of the Debtor's assets, which are
limited to personal property, including machinery & equipment,
inventory, and accounts receivable. The balance due and owing to
McKesson is approximately $862,000. The Debtor believes that the
machinery & equipment, inventory, and accounts receivable have a
combined value, net of uncollectable account, of approximately
$350,000, and that McKesson is not fully secured.

In addition to the lien of McKesson, the Debtor believes that
Sunrise Medical (US) LLC claims a lien on its assets, with an
amount due of approximately $125,000. The Debtor believes, however,
that this lien is not perfected, as the perfection lapsed in 2014,
five years after the last filed financing statement.

Accordingly, the Debtor proposes to make an adequate protection
payment of $1,500/month to McKesson, which represents an amount
approximately equal to 5% interest, per annum, on the secured
amount of the McKesson's claim. In addition, the Debtor proposes to
grant McKesson a replacement lien on all newly-acquired assets of
the type on which McKesson currently holds a lien.
A full-text copy of the Debtor's Motion is available at:

          http://bankrupt.com/misc/ilnb18-05186-7.pdf

               About Wheelchair Sales & Service

Wheelchair Sales & Service Inc. is a medical equipment supplier in
New Lenox, Illinois.  The Company offers medical equipment such as
respirators, wheelchairs, home dialysis systems, or monitoring
systems, that are prescribed by a physician for a patient's use in
the home and that are usable for an extended period of time.

Wheelchair Sales & Services, Inc., d/b/a WS&S Globam Medical, filed
a Chapter 11 petition (Bankr. N.D. Ill. Case No. 18-05186) on Feb.
26, 2018.  In the petition signed by William M. Downs, stockholder,
the Debtor disclosed $579,965 in total assets and $1.04 million in
total debt.  The case is assigned to Judge Donald R Cassling. The
Debtor is represented by David P. Lloyd, Esq. at David P. Lloyd,
Ltd.  


WILLIAM D. ABRAHAM: Appeal in Tex. App. Docket Abated Due to Ch. 11
-------------------------------------------------------------------
Appellee in the appeals case captioned WILLIAM D. ABRAHAM,
Appellant, v. IGSFA MANAGEMENT, LLC., Appellee, No. 08-17-00129-CV
(Tex. App.) filed a suggestion of bankruptcy reflecting that
Appellant Abraham filed a voluntary petition seeking relief under
Chapter 11 of the Bankruptcy Code on Feb. 6, 2018. Pursuant to 11
U.S.C. section 362(a), any further action in this appeal is
automatically stayed.

Under these circumstances, and for administrative purposes, the
Texas Court of Appeals orders that the submission setting for Feb.
22, 2018 is vacated, and the appeal is removed from the Court's
docket and abated.

A copy of the Court's Order dated Feb. 20, 2018 is available at
https://is.gd/PGGY72 from Leagle.com.

J. Morgan Broaddus, III , Michael Shane , for IGSFA Management,
Appellee.

Joseph Dean Vasquez , for William D. Abraham, Appellant.

William David Abraham filed for chapter 11 bankruptcy protection
(Bankr. W.D. Tex. Case No. 18-30184) on Feb. 6, 2018, and is
represented by Omar Maynez, Esq. of Maynez Law.


WRIGHTWOOD GUEST: District Court Affirms Surcharge Order
--------------------------------------------------------
In the appeals cases captioned N RE: WRIGHTWOOD GUEST RANCH, LLC,
Case Nos. ED CV 17-895 MWF, ED CV 17-947 MWF (C.D. Cal.), Reid &
Hellyer, APC, and Walter Wilhelm Law Group, a Professional
Corporation, appeal from the bankruptcy court's Order Granting
Trustee's Motion for an Order Authorizing a Surcharge Under 11
U.S.C. section 506(c) in the Amount of $350,000, which was issued
on April 4, 2017. District Judge Michael W. Fitzgerald affirmed the
bankruptcy court's order.

WWLG submitted Appellants' joint opening brief on Nov. 6, 2017. On
Dec. 6, 2017, Appellee Richard J. Laski Lt., Chapter 11 Trustee,
submitted an answering brief and request that the appeals be
dismissed for lack of standing.

The bankruptcy court's reasoning behind the Surcharge Order and the
parties' arguments in the briefs rest almost entirely on the Ninth
Circuit's interpretation of 11 U.S.C. section 506(c), as set forth
in In re Debbie Reynolds. Both Appellants and the Trustee
acknowledge that Debbie Reynolds is currently the law in the Ninth
Circuit. Moreover, all parties acknowledge that, in light of the
circumstances of this action, Debbie Reynolds controls.

Here, as in Debbie Reynolds, unsecured creditors argue that the
surcharge distributed to the Trustee Professionals should be
considered estate property and distributed pro rata pursuant to the
priority scheme set forth in section 507. Appellants argue that
Debbie Reynolds is bad law because it encourages trustees and
secured creditors to engage in "mischief" by cutting deals to label
expenses as surcharges, such that unsecured creditors would be
excluded. Indeed, as Appellants point out, the bankruptcy court
itself noted the possibility for this kind of mischief, while also
acknowledging that Debbie Reynolds was "binding".

As Appellee, the Trustee argues that the holding in Debbie Reynolds
makes sense: section 506(c) surcharges are intended to reimburse
claimants for reasonable and necessary expenses that directly
benefited the secured creditor. To distribute a surcharge on a pro
rata basis pursuant to section 507 to all holders of administrative
claims would defeat the purpose of the provision.

Rather than argue that Debbie Reynolds is somehow not applicable
here or is distinguishable on the present facts, Appellants urge
the Court to disregard this binding "bad law" in favor of the
approach followed by the Fourth Circuit and the Court of Appeals
for the District of Columbia. In particular, Appellants urge the
Court to follow In re NETtel Corp., in which the bankruptcy court
rejected Debbie Reynolds because of potential unfairness to
unsecured administrative creditors, such as Appellants, and
concluded that a section 506(c) surcharge is "held in the estate
and distributed according to preference rules" established by the
Bankruptcy Code. Appellants acknowledge that NETtel is not binding
on this Court.

Whatever misgivings the bankruptcy court or this Court might have
about the holding in Debbie Reynolds, it is controlling, and the
bankruptcy court correctly applied it here. Accordingly, the Court
affirms the bankruptcy court's Surcharge Order.

A copy of the Court's Order dated Feb. 22, 2018 is available at
https://is.gd/0z7FSp from Leagle.com.

Wrightwood Guest Ranch, LLC, Debtor, represented by Douglas A.
Plazak -- dplazak@rhlaw.com -- Reid and Hellyer.

Reid and Hellyer, APC & Committee of Unsecured Creditors,
Appellants, represented by Douglas A. Plazak, Reid and Hellyer &
Scott Talkov -- stalkov@rhlaw.com -- Reid and Hellyer.

Richard J. Laski, Chapter 11 Trustee & Arent Fox, LLP, Appellees,
represented by Aram Ordubegian -- aram.ordubegian@arentfox.com --
Arent Fox LLP & Moriah Douglas Flahaut --
douglas.flahaut@arentfox.com -- Arent Fox LLP.

Wilshire Partners of California, Appellee, pro se.

                About Wrightwood Guest Ranch

Wrightwood Guest Ranch LLC, a California limited liability company,
provides recreational services such as Snow Play, Zip Line,
endurance races, logging and other outdoor events at a 300-acre
property it owns in Wrightwood area of Los Angeles County.  WGR
also operates a wedding and special event center at a 2.45-acre
property at Wrightwood area.

WGR is 60% owned by Richard and Judy Halllett and 40% owned by GREF
WGR I, LLC, an affiliate of secured creditor GreenLake Real Estate
Fund, LLC.  WGR owns 100% of the interests in Wrightwood Guest
Ranch Holdings, LLC, which in turns owns 100% of the interests in
Wrightwood Canopy Tours, LC.

Being concerned about GreenLake's threat of foreclosure, unsecured
creditors Masterpiece Marketing, Larry Rundle, and Snyder
Dorenfeld, filed an involuntary petition against Wrightwood Guest
Ranch LLC (Bankr. C.D. Cal. Case No. 15-17799) on Aug. 5, 2015.
The Petitioners' counsel is Douglas A Plazak, Esq., at Reid &
Hellyer, APC, in Riverside, California.

The Bankruptcy Court on Aug. 31, 2015, granted Wrightwood Guest
Ranch's request for relief under Chapter 11 and vacated the
Involuntary Petition filed against the Debtor.

The case is assigned to Judge Scott C. Clarkson.

The Debtor tapped Walter & Wilhelm Law Group as bankruptcy counsel;
Hall & Company as accountants; and Baker, Manock & Jensen as
special counsel.


YORAVI INVESTMENT: Hires Enrique Peral Soler as Special Counsel
---------------------------------------------------------------
Yoravi Investment, Inc., has filed an amended application with the
U.S. Bankruptcy Court for the District of Puerto Rico seeking
approval to hire Enrique Peral Soler, Esq., as special counsel to
the Debtor.

Yoravi Investment requires Enrique Peral Soler to represent and
assist the Debtor in the litigation of the claim filed by RM Trust
and Supermercado Caguas Centro 2, Inc.

Enrique Peral Soler will be paid at the hourly rate of $175.

Enrique Peral Soler will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Enrique Peral Soler, Esq., assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Enrique Peral Soler can be reached at:

     Enrique Peral Soler, Esq.
     Carr. 165, No. 100, Suite 210
     Guaynabo, PR 00966
     Tel: (787) 360-6035

                     About Yoravi Investment

Yoravi Investments, Inc., owns a real estate property at Centro
Comercial Turabo Gardens valued at $1.10 million. Y oravi
Investments sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.P.R. Case No. 17-05446) on Aug. 1, 2017.  In the
petition signed by Rafael E. Acosta Santiago, vice-president and
treasurer, the Debtor disclosed $1.15 million in assets and
$714,000 in liabilities.  Judge Edward A. Godoy presides over the
case.  The Debtor tapped Godreau & Gonzalez Law, LLC, as counsel.


ZOHAR FUNDS: To Monetize Assets to Pay All Claims in Full
---------------------------------------------------------
Lynn Tilton, the sole director of Zohar CDO 2003-1, Zohar CDO
2003-1 Corp., Zohar II 2005-1, Limited, Zohar II 2005-1 Corp.,
Zohar III, Limited, and Zohar III, Corp. (collectively, the "Zohar
Funds"), on March 12, 2018, disclosed that the Zohar Funds have
filed a voluntary Chapter 11 petition.  The Zohar Funds are seeking
the protection of the Bankruptcy Court in order to monetize their
valuable assets and pay off all allowed claims in full.

The March 12 filing will have no effect on the operations of the
Portfolio Companies to whom the Zohar Funds have made senior
secured loans.  Business will continue as usual at the Portfolio
Companies during the pendency of the bankruptcy, as this filing
does not in any way trigger any defaults on Portfolio Company loans
or business contracts or otherwise disrupt the companies'
operations.

Ms. Tilton explained: "The Zohar Funds have been tied up in
litigation for years -- with no effect other than to prevent me
from refinancing the Portfolio Company loans and selling those same
companies in order to maximize value for all of the Funds'
stakeholders.  With the process and protections afforded under the
Bankruptcy Code, we can now put to the side the fighting and focus
on the strategy the Funds were structured to execute: to maximize
and monetize the value of the assets for the benefit of all of the
Funds' stakeholders.  It is expected that all claims will be repaid
in full."

As part of the March 12 filing, and in order to proceed as quickly
and efficiently as possible, the Zohar Funds proposed that the
Court appoint Mark Kirschner of Goldin Associates as Chief
Restructuring Officer.  Mr. Kirschner was previously the head of
the bankruptcy and reorganization practice at Jones Day and has
been an advisor and court appointed trustee in major bankruptcy
matters, including Refco, Tribune, Le-Natures, Superior National,
and Yellowstone Mountain Club.

The Zohar Funds are structured as collateralized loan obligations
("CLOs") and have issued notes and preference shares to investors
and made loans to the Portfolio Companies using the proceeds.
Ms. Tilton and her Affiliates hold substantial equity stakes in
these Portfolio Companies, which include iconic American
manufacturing companies with tens of thousands of employees.
Certain non-Zohar affiliates, as well as third party banks, are
also lenders to the Portfolio Companies.

Pursuant to the Bankruptcy Code, the March 12 filing will stay
certain litigation matters involving the Zohar Funds that were
commenced after Ms. Tilton voluntarily resigned as Collateral
Manager in 2016 and was replaced by Alvarez & Marsal Zohar
Management, LLC. Ms. Tilton said: "While I stepped down as
Collateral Manager to enable me to focus fully on maximizing the
value of the Portfolio Companies for the benefit of all
stakeholders, both at the respective Portfolio Companies and the
Funds, it has become increasingly clear that value cannot be
maximized in the litigious and charged atmosphere that currently
exists.  Unfortunately, I have come to the conclusion that Chapter
11 is the only path forward to maximize the value of the Zohar
Funds' assets."

The Zohar Funds' bankruptcy counsel is Young Conaway Stargatt &
Taylor.  The Chapter 11 petition was filed in the U.S. Bankruptcy
Court for the District of Delaware.


ZOHAR III: Voluntary Chapter 11 Case Summary
--------------------------------------------
Affiliates that filed voluntary petitions for relief under Chapter
11 of the Bankruptcy Code:

     Debtor                                          Case No.
     ------                                          --------
     Zohar III, Corp.                                18-10512
     350 Fifth Avenue
     c/o Goldin Associates, LLC
     New York, NY 10118

     Zohar II 2005-1 Corp.                           18-10513
     Zohar CDO 2003-1, Corp.                         18-10514
     Zohar III, Limited                              18-10515
     Zohar II 2005-1, Limited                        18-10516
     Zohar CDO 2003-1, Limited                       18-10517

Type of Business: Zohar CDO 2003-1, Zohar CDO 2003-1 Corp., Zohar
                  II 2005-1, Limited, Zohar II 2005-1 Corp., Zohar
                  III, Limited, and Zohar III, Corp are investment
                  funds structured as collateralized loan
                  obligations.

Chapter 11 Petition Date: March 11, 2018

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

Debtors' Counsel: Michael R. Nestor, Esq.
                  YOUNG CONAWAY STARGATT & TAYLOR, LLP
                  Rodney Square
                  1000 North King Street
                  Wilmington, DE 19801
                  Tel: 302-571-6600
                  Fax: 302-571-1253
                  E-mail: bankfilings@ycst.com
                          mnestor@ycst.com

Estimated Assets: $1 billion to $10 billion

Estimated Liabilities: $500 million to $1 billion

The petition was signed by Lynn Tilton, director.

Ms. Tilton stated that Zohar III, Corp.'s 20 largest unsecured
creditors are unknown at the time of the filing.

Full-text copies of Zohar III, Corp and Zohar II 2005-1's petitions
are available for free at:

        http://bankrupt.com/misc/deb18-10512.pdf
        http://bankrupt.com/misc/deb18-10513.pdf


[*] Aaron Hammer Joins Horwood Marcus as Bankruptcy Practice Chair
------------------------------------------------------------------
Horwood Marcus & Berk Chartered ("HMB"), a preeminent provider of
legal services in business and finance, litigation, trusts and
estates, real estate and state and local taxes, on March 6
disclosed that accomplished corporate reorganization, bankruptcy
and creditor's rights attorney Aaron L. Hammer joined the firm as a
partner and chair of the firm's bankruptcy, reorganization and
creditors' rights practice.

Mr. Hammer is a nationally renowned insolvency practitioner, with a
reputation for finding practical, efficient solutions for his
clientele.  Recognized by Chambers USA Guide to America's Leading
Lawyers for Business for his "unrivaled business judgment and
client service," Aaron's practice includes bankruptcies and
workouts across the United States and in many foreign countries.
Twice, he led his firms in receiving the Turnaround Management
Association's ("TMA") prestigious Large Transaction of the Year
award.  In 2014, the award was granted for his work in the
international transaction of AgFeed Industries USA, LLC, et al.
(Bankr. D. Del.), and in 2009, the award was given for his work in
Trinsic, Inc. (Bankr. S.D. Ala.).

"Aaron's extensive experience with complex insolvency problems adds
tremendous depth to our bankruptcy practice and will provide great
value to a wide array of our existing clients," said HMB Managing
Partner, Jeffrey Hechtman.  "Our clients look to our attorneys as
trusted advisors for their business needs; Aaron fits right in and
allows us to further expand the range of services we bring to
clients."

A leader in the community, Mr. Hammer is an active member of Young
Presidents' Organization, serving as a Membership Officer to the
Chicagoland Chapter, and an active participant in the
Anti-Defamation League, serving on its local Board of Directors and
as the former Director of Development.  In 2015, Mr. Hammer served
as President of the TMA's Chicago/Midwest Chapter and has
maintained many senior leadership positions within the chapter and
TMA Global over his career.

"HMB's core value of putting ‘client service first' and its
established culture of 'delivering excellence' represents
everything I strive to achieve for my clients," said Mr. Hammer.
"I could not be happier to join this team of incredible
professionals and bring my twenty years of experience to the firm
and its clients."

The attorneys at Horwood Marcus & Berk Chartered partner with
clients ranging from entrepreneurs to the Fortune 500's top 10 most
successful companies to achieve their unique business and personal
goals.  Horwood Marcus & Berk combines the resources and diversity
of a sophisticated commercial law practice with the entrepreneurial
atmosphere and creativity of a boutique law firm.


[*] Brian Bacal Joins Canaccord's Canadian Restructuring Team
-------------------------------------------------------------
Canaccord Genuity on March 6, 2018, announced the expansion of its
North American Debt Finance & Restructuring practice with the
addition of Brian Bacal as Managing Director and Head of Canadian
Restructuring.

"We are very pleased to welcome Brian Bacal, who brings an
outstanding track record of advising on a broad range of
restructuring engagements both in Canada and the U.S.," said Chris
Blackwell, Managing Director and Head of Investment Banking.  "The
addition of dedicated Canadian-based expertise adds a strong
complement for our existing team in the U.S. and strengthens our
advisory capability for clients in Canada."

The Canaccord Genuity Debt Finance & Restructuring team provides
fully independent strategic advice without the inherent conflict of
its lending competitors.  The group draws upon deep expertise and
relationships across a fully integrated global platform, to deliver
a broad range of opportunities and solutions for companies seeking
to better utilize their balance sheets and unlock greater value
within their capital structure.

Starting in April, Mr. Bacal will be based in Toronto and will work
closely with our restructuring advisory professionals in Canaccord
Genuity's U.S. operation.  Together, they will build upon Canaccord
Genuity's history of restructuring advisory mandates with notable
U.S. and Canadian companies, while they continue to enhance
collaboration with their counterparts across the firm's global
operations.

Mr. Bacal brings more than a decade of experience to his role, most
recently as a senior member of the recapitalization and
restructuring group at Moelis & Company, where he led coverage in
Canada for the group and advised on many Canadian, U.S. and
cross-border assignments since 2009.  In this role, he oversaw
in-court and out-of-court financial restructurings, provided
advisory services including liability management and reduction,
covenant amendments, maturity extensions, stressed and distressed
asset acquisitions and sales, and insolvency planning and
execution. Brian has led multi-party negotiations on behalf of
creditors and debtors and his expertise spans nearly every major
industry sector, including aerospace, consumer goods, energy,
financial institutions, industrials, healthcare, infrastructure,
lodging, media, metals and mining, power & utilities, retail,
services, technology and telecom.  He began his career at Greenhill
& Co. in 2006.  Mr. Bacal holds an HBA from the Richard Ivey School
of Business.

                      About Canaccord Genuity

Canaccord Genuity -- http://www.canaccordgenuity.com/-- is the
global capital markets division of Canaccord Genuity Group Inc.
(TSX: CF), offering institutional and corporate clients idea-driven
investment banking, merger and acquisition, research, sales and
trading services with capabilities in North America, Europe, Asia,
Australia and the Middle East.  

                  About Canaccord Genuity Group Inc.

Through its principal subsidiaries, Canaccord Genuity Group Inc is
an independent, full-service financial services firm, with
operations in two principal segments of the securities industry:
wealth management and capital markets.  Established in 1950, the
Company has offices in 10 countries worldwide, including Wealth
Management offices located in Canada, the UK, Guernsey, Jersey, the
Isle of Man and Australia.  Canaccord Genuity, the international
capital markets division, operates in Canada, the US, the UK,
France, Ireland, Hong Kong, China, Australia and Dubai.

Canaccord Genuity Group Inc. is publicly traded under the symbol CF
on the TSX.


[*] George Davis Joins Latham & Watkins' Restructuring Practice
---------------------------------------------------------------
Latham & Watkins LLP on March 12, 2018, disclosed that George Davis
has joined the firm's New York office and will serve as Global
Co-Chair of the Restructuring, Insolvency & Workouts Practice
within the Finance Department.  Mr. Davis has an extensive track
record advising public and private companies around the world on
some of the most complex restructurings in- and out-of-court.
Additionally, he has significant experience representing creditor
groups and investors in many of the highest-profile restructurings
of the past two decades.  

"We are thrilled to welcome such an accomplished restructuring
lawyer to Latham," said Bill Voge, Chair and Managing Partner of
Latham & Watkins.  "George's capabilities are strategically aligned
to the current and future needs of our clients. His presence will
be a tremendous asset to our bankruptcy practice."

Mr. Davis has handled matters across multiple industries including
chemicals, automotive, steel, financial services, energy, power
generation, and telecommunications.  He has consistently been
recognized by numerous publications and organizations, including
Chambers Global,Chambers USA, The Legal 500, and Turnarounds &
Workouts, among others, over the past 15 years.

"George is a highly-regarded restructuring and insolvency attorney
who has earned his place as a leader in the bankruptcy space," said
Michele Penzer, Office Managing Partner of Latham & Watkins in New
York, NY.  "Clients will be well-served by his solutions-oriented
approach to facilitating resolutions to their most challenging
circumstances."

"Clients in the US and abroad facing bet-the-company situations
will benefit from George's extensive experience advising companies
and boards," said Mitchell Seider, Global Co-Chair of the firm's
Restructuring, Insolvency & Workouts Practice.  "George's
reputation for thoughtful, creative solutions is well-earned, and
we're thrilled to welcome him to the firm."

Scott Gottdiener, Global Chair of Latham's Finance Department
noted: "George's addition in New York complements our growing
national and global bankruptcy practice.  We are confident that he
will be an excellent addition to our team as we continue our
commitment to helping clients through their most challenging
business decisions."

Mr. Davis is the second restructuring lawyer to join Latham in
recent weeks.  Jeffrey Bjork joined the firm in Los Angeles in
February.

"Latham's integrated global platform delivers the right kind of
support that clients need as they design and implement the most
complex financial restructurings," said Mr. Davis.  "I'm excited to
join a team that is so well-regarded for its creative and
business-minded approach, and to work together with colleagues
around the world to support my clients' most pressing needs."

Mr. Davis joins Latham from O'Melveny & Myers LLP.  He received his
JD with distinction from Hofstra School of Law and graduated magna
cum laude from the State University of New York at Binghamton.


[^] 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)
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)
AUTODESK INC      AUD GR          4,113.6      (256.0)    (245.3)
AUTODESK INC      AUD TH          4,113.6      (256.0)    (245.3)
AUTODESK INC      ADSK US         4,113.6      (256.0)    (245.3)
AUTODESK INC      AUD QT          4,113.6      (256.0)    (245.3)
AUTODESK INC      ADSK* MM        4,113.6      (256.0)    (245.3)
AUTODESK INC      AUD GZ          4,113.6      (256.0)    (245.3)
AUTODESK INC      ADSK AV         4,113.6      (256.0)    (245.3)
AUTODESK INC      ADSKEUR EU      4,113.6      (256.0)    (245.3)
AUTODESK INC      ADSKUSD EU      4,113.6      (256.0)    (245.3)
AUTODESK INC      ADSK LN         4,113.6      (256.0)    (245.3)
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      AZ5 QT          9,397.1    (1,525.1)    (350.4)
AUTOZONE INC      AZOEUR EU       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
BIOXCEL THERAPEU  BTAI US             1.4        (1.0)      (1.4)
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-B  BBD/B CN       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             93.5       (31.4)       3.9
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)
CACTUS INC- A     WHD US            266.5       (36.2)     111.1
CACTUS INC- A     43C GR            266.5       (36.2)     111.1
CACTUS INC- A     43C QT            266.5       (36.2)     111.1
CACTUS INC- A     WHDEUR EU         266.5       (36.2)     111.1
CACTUS INC- A     43C TH            266.5       (36.2)     111.1
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
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           158.6       (14.3)     (71.4)
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 US         12,425.0      (372.0)    (831.0)
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     DOLEUR EU       1,948.8       (15.3)     363.2
DOLLARAMA INC     DR3 GZ          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    E0P GR            169.1        (9.1)      38.7
ENPHASE ENERGY    ENPH US           169.1        (9.1)      38.7
ENPHASE ENERGY    E0P TH            169.1        (9.1)      38.7
ENPHASE ENERGY    ENPHEUR EU        169.1        (9.1)      38.7
ENPHASE ENERGY    E0P QT            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
EOS PETRO INC     EOPT US             0.1       (23.5)     (23.4)
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          1,687.1      (809.8)    (175.9)
FERRELLGAS-LP     FGP US          1,687.1      (809.8)    (175.9)
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)       -
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  GNC1EUR EU      1,516.6      (162.0)     478.1
GNC HOLDINGS INC  GNC1USD 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          2,561.3      (698.1)     617.6
H&R BLOCK INC     HRB GR          2,561.3      (698.1)     617.6
H&R BLOCK INC     HRB TH          2,561.3      (698.1)     617.6
H&R BLOCK INC     HRB QT          2,561.3      (698.1)     617.6
H&R BLOCK INC     HRBEUR EU       2,561.3      (698.1)     617.6
H&R BLOCK INC     HRBUSD EU       2,561.3      (698.1)     617.6
H&R BLOCK INC     0HOB LN         2,561.3      (698.1)     617.6
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            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)     220.6
IMMUNOGEN INC     IMGN US           294.7       (17.9)     220.6
IMMUNOGEN INC     IMU TH            294.7       (17.9)     220.6
IMMUNOGEN INC     IMU QT            294.7       (17.9)     220.6
IMMUNOGEN INC     IMU GZ            294.7       (17.9)     220.6
IMMUNOGEN INC     IMGNEUR EU        294.7       (17.9)     220.6
IMMUNOGEN INC     IMGNUSD EU        294.7       (17.9)     220.6
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
INTERNAP CORP     IP9N GR           586.5        (1.0)     (22.4)
INTERNAP CORP     INAP US           586.5        (1.0)     (22.4)
INTERNAP CORP     INAPEUR EU        586.5        (1.0)     (22.4)
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
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
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  1S1 GR             47.1        39.0       39.9
MIRAGEN THERAPEU  SGNLEUR EU         47.1        39.0       39.9
MIRAGEN THERAPEU  0K1R LN            47.1        39.0       39.9
MONEYGRAM INTERN  MGI US          4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N GR         4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N QT         4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  9M1N TH         4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  MGIEUR EU       4,546.1      (184.0)     (66.1)
MONEYGRAM INTERN  MGIUSD EU       4,546.1      (184.0)     (66.1)
MOODY'S CORP      DUT GR          8,594.2      (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          5,969.0    (4,583.0)     705.0
NAVISTAR INTL     NAV US          5,969.0    (4,583.0)     705.0
NAVISTAR INTL     IHR TH          5,969.0    (4,583.0)     705.0
NAVISTAR INTL     IHR QT          5,969.0    (4,583.0)     705.0
NAVISTAR INTL     IHR GZ          5,969.0    (4,583.0)     705.0
NAVISTAR INTL     NAVEUR EU       5,969.0    (4,583.0)     705.0
NAVISTAR INTL     NAVUSD EU       5,969.0    (4,583.0)     705.0
NEBULA ACQUISITI  NEBUU US            0.0        (0.0)      (0.0)
NEBULA ACQUISITI  NEBU US             0.0        (0.0)      (0.0)
NEW ENG RLTY-LP   NEN US            237.8       (32.4)       -
NYMOX PHARMACEUT  NYMX US             1.3        (0.7)      (0.7)
NYMOX PHARMACEUT  NYMXUSD EU          1.3        (0.7)      (0.7)
OMEROS CORP       3O8 GR            116.3        (2.8)      82.1
OMEROS CORP       OMER US           116.3        (2.8)      82.1
OMEROS CORP       3O8 TH            116.3        (2.8)      82.1
OMEROS CORP       OMEREUR EU        116.3        (2.8)      82.1
OMEROS CORP       OMERUSD EU        116.3        (2.8)      82.1
OMEROS CORP       0KBU LN           116.3        (2.8)      82.1
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  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
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)
RESOLUTE ENERGY   R21 GR            792.3       (73.8)    (109.3)
RESOLUTE ENERGY   REN US            792.3       (73.8)    (109.3)
RESOLUTE ENERGY   RENEUR EU         792.3       (73.8)    (109.3)
REVLON INC-A      REV US          3,167.8      (701.9)     241.5
REVLON INC-A      RVL1 GR         3,167.8      (701.9)     241.5
REVLON INC-A      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
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          1,711.9        (7.4)     701.2
RYERSON HOLDING   7RY GR          1,711.9        (7.4)     701.2
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
SIGA TECH INC     SIGA US           144.7      (323.1)      30.6
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)
SOLARWINDOW TECH  WNDW US             3.0        (0.9)       2.6
SOLARWINDOW TECH  WNDWUSD EU          3.0        (0.9)       2.6
SOLARWINDOW TECH  WNDW LN             3.0        (0.9)       2.6
SONIC CORP        SONC US           552.9      (237.3)      38.7
SONIC CORP        SO4 GR            552.9      (237.3)      38.7
SONIC CORP        SONCEUR EU        552.9      (237.3)      38.7
SONIC CORP        SO4 TH            552.9      (237.3)      38.7
STARCO BRANDS IN  STCBD US            0.3        (1.0)      (1.0)
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            76.2       (91.7)     (21.7)
TINTRI INC        0LFL LN            76.2       (91.7)     (21.7)
TOWN SPORTS INTE  T3D GR            236.7       (78.0)       5.4
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          1,513.0    (1,154.6)     (81.1)
ULTRA PETROLEUM   UPL1EUR EU      1,513.0    (1,154.6)     (81.1)
ULTRA PETROLEUM   UPM1 GR         1,513.0    (1,154.6)     (81.1)
ULTRA PETROLEUM   UPM1 TH         1,513.0    (1,154.6)     (81.1)
ULTRA PETROLEUM   UPM1 QT         1,513.0    (1,154.6)     (81.1)
ULTRA PETROLEUM   UPL1USD EU      1,513.0    (1,154.6)     (81.1)
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)
VTV THERAPEUTI-A  5VT GR             27.9       (19.6)      (6.6)
W&T OFFSHORE INC  WTI US            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  WU5 QT          2,676.5      (288.3)     (50.7)
WIDEOPENWEST INC  WOW1EUR EU      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
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 ***