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         T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, June 16, 2018, Vol. 22, No. 166

                            Headlines

EXCO RESOURCES: Incurs $1.6MM Net Loss in April
ZOHAR III: Incurs $499,752 Net Loss for April
[*] Beard Group 25th Annual Distressed Investing Conference Nov. 26

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EXCO RESOURCES: Incurs $1.6MM Net Loss in April
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BankruptcyData.com reported that EXCO Resources filed with the U.S.
Bankruptcy Court a monthly operating report for April 2018. For the
month, the Debtors reported a $1.6 million net loss on $32.8
million in net revenue; $2.1 million in general and administrative
expenses; $6.2 million in reorganization items; $22.5 million in
total costs and expenses; $7.8 million in depletion, depreciation
and amortization and $4.9 million in professional fees -
restructuring. Total cash and cash equivalents at the beginning and
end of the month was $50.1 million and $52.1 million, respectively,
with net cash flow of $2.1 million and cash disbursements of $50.6
million on $64.7 million in cash receipts.

                    About EXCO Resources

EXCO Resources, Inc. (otc pink:XCOO) --
http://www.excoresources.com/-- is an oil and natural gas  
exploration, exploitation, acquisition, development and production
company headquartered in Dallas, Texas with principal operations in
Texas, North Louisiana and the Appalachia region.  EXCO's
headquarters are located at 12377 Merit Drive, Suite 1700, Dallas,
TX 75251.

EXCO Resources, Inc., and 14 of its affiliates sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 18-30155) on Jan. 15,
2018.  EXCO disclosed total assets of $829.1 million and total debt
of $1.355 billion as of Sept. 30, 2017.

The Debtors' cases have been assigned to the Honorable Marvin
Isgur.

The Debtors tapped Gardere Wynee Sewell LLP, and Kirkland & Ellis
LLP, as bankruptcy counsel; PJT Partners LP as financial advisor;
Alvarez & Marsal North America, LLC, as restructuring advisor; and
Epiq Bankruptcy Solutions, LLC, as claims agent.

An official committee of unsecured creditors has been appointed in
the case.  The committee is represented by lawyers at Jackson
Walker and Brown Rudnick.


ZOHAR III: Incurs $499,752 Net Loss for April
---------------------------------------------
BankruptcyData.com reported that Zohar III Corp. filed with the
U.S. Bankruptcy Court a monthly operating report for the period of
April 2018. For the period, the Company reported a net loss of
$499,752 on $2.1 million in net revenue. The Debtor paid $877,500
in professional fees. Cash at the beginning and end of the period
was $2.9 million and $3.4 million, respectively, with a net cash
flow of $480,694.

                   About Zohar III Corp.

Zohar III, Corp., and its affiliates are investment funds
structured as collateralized loan obligations.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Case Nos. 18-10512 to 18-10517) on March 11,
2018.

In the petition signed by Lynn Tilton, director, the Debtors
estimated $1 billion to $10 billion in assets and $500 million to
$1 billion in liabilities.

Young Conaway Stargatt & Taylor, LLP, is the Debtors' bankruptcy
counsel.


[*] Beard Group 25th Annual Distressed Investing Conference Nov. 26
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Conway MacKenzie is the latest sponsor for Beard Group's 2018
Distressed Investing (DI) Conference on Nov. 26, 2018.

Conway, a global management consulting and financial advisory firm,
joins law firm Foley & Lardner, DSI (Development Specialist Inc.),
provider of management consulting and financial advisory services,
and Longford Capital, a private investment company, in partnering
with the DI Conference, as it marks its Silver (25th) Anniversary
this year. This milestone denotes the event as the oldest,
influential DI conference in U.S. The day-long program will be held
at The Harmonie Club in New York City.  All four firms have been
supporting the DI Conference in past.

For a quarter of a century, the DI Conference's focus has been on
"Maximizing Profits in the Distressed Debt Market."  The event also
serves as a forum for leaders in corporate restructuring, lending
and debt and equity investments to gather and discuss the latest
topics and trends in the distressed investing industry, as well as
exchange ideas about high-profile chapter 11 bankruptcy proceedings
and out-of-court restructurings. These are distinguished
professionals who place their resources and reputations at risk to
produce stellar results by preserving jobs, rebuilding broken
businesses, and efficiently redeploying underutilized assets in the
marketplace.

The conference will also feature:

     * a luncheon presentation of the Harvey K. Miller Award to
       Edward I. Altman, Professor of Finance, Emeritus, New York
       University's Stern School of Business.  The award will be
       presented by last year's winner billionaire Marc Lasry,
       Altman's  former student.

     * an evening awards dinner recognizing the 2018 Turnarounds
       & Workouts Outstanding Young Restructuring Lawyers.

To register for the one-day conference visit:

          https://www.distressedinvestingconference.com/
     Discounted early registration tickets are now available.

To learn how you can be a sponsor and participate in shaping the
day-long program, contact:

            Bernard Tolliver at bernard@beardgroup.com
                   or Tel: (240) 629-3300 x-149

To learn about media sponsorship opportunities to bring your outlet
into the view of leaders in corporate restructuring, lending and
debt and equity investments, and

to expand your network of news sources, contact:

                 Jeff Baxt at jeff@beardgroup.com
                    or (240) 629-3300, ext 150


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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.

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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
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re-mailing and photocopying) is strictly prohibited without prior
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