/raid1/www/Hosts/bankrupt/TCR_Public/181112.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, November 12, 2018, Vol. 22, No. 315

                            Headlines

4 WEST HOLDINGS: Omega Entities Opposes DLA Piper Fees
40 CARLETON: Nov. 14 Hearing on Plan and Disclosure Statement Set
46 CARLETON: Nov. 14 Disclosure Statement Hearing Set
ABA HOLDING: $1.4M Private Sale of Brooklyn Property Approved
AEGEAN MARINE: Nov. 15 Meeting Set to Form Creditors' Panel

ALGOMA STEEL: Moody's Assigns B3 Corp Family Rating, Outlook Stable
ALL-STATE FIRE: To Pay $5.1MM to Creditors Under 2nd Amended Plan
ALSTRAW ENTERPRISES: $106K Sale of Plaza Coin Laundry Approved
AMERICAN TIRE: Amends Plan Outline, Shareholders to Split $30M
AMERICAN TIRE: Obtains Final Order on DIP Financing Motion

AMY ELECTRIC: Objections to Disclosure Statement Due Dec. 3
ATLANTA AUCTION: U.S. Trustee Unable to Appoint Committee
BAUSCH HEALTH: Moody's Raises CFR to B2, Outlook Stable
BAUSCH HEALTH: S&P Affirms 'BB-' Rating on Sr. Secured Term Loan B
BROOKSTONE HOLDINGS: Completes Acquisition Deal with Bluestar

C1 HOLDINGS: Moody's Reviews B2 CFR for Downgrade on CVC Fund Deal
CASHMAN EQUIPMENT: Property Sale Authority Extended Thru Nov. 2
CD HALL LLC: Seeks to Hire Realty Group as Realtor
CENTRO GROUP: U.S. Trustee Forms 5-Member Committee
CHAPELDALE PROPERTIES: $103K Sale of Baltimore Property Approved

CHINA FISHERY: Court OKs Settlement on Silliker Joint Venture
CLOUD PEAK: S&P Lowers Issuer Credit Rating to 'CCC+', Outlook Neg.
COMMSCOPE HOLDING: Moody's Reviews CFR for Downgrade on ARRIS Deal
COMMSCOPE HOLDING: S&P Affirms BB- ICR & Alters Outlook to Negative
CONSTANT VELOCITY: Seeks to Hire WSB as Accountant

CSC DEVELOPERS: Dec. 11 Disclosure Statement Hearing
D.S.C. LTD.: Voluntary Chapter 11 Case Summary
DANA INC: Moody's Affirms Ba3 CFR & Cuts Unsec. Notes Rating to B2
DAVID AINSWORTH: $392K Sale of Property to Arguindegui Okayed
DEALER TIRE: Moody's Assigns B2 CFR, Outlook Stable

DEALER TIRE: S&P Alters Outlook to Negative & Affirms 'B' CCR
DILLE FAMILY: Plan Payments to Start June 2019
DIVERSE LABEL: Combicut Buying Knife & Related Equipment for $385K
DIVERSE LABEL: Excelsior Buying Forklift & Equipment for $8K
DOUGLAS L. JOHNSON: Proposed $146K Sale of Property Partly Approved

E. MENDOZA & CO: Dec. 11 Disclosure Statement Hearing Set
EDWARD ASSOCIATES: Hires Caldwell & Riffee as Counsel
EEI ACQUISITION: Unsecured Creditors' Recovery Unknown Under Plan
EGALET CORPORATION: U.S. Trustee Unable to Appoint Committee
FLYNN RESTAURANT: Moody's Affirms B3 CFR, Outlook Stable

FLYNN RESTAURANT: S&P Affirms 'B' ICR, Outlook Stable
FULLBEAUTY BRANDS: S&P Lowers Issuer Credit Rating to 'D'
GALMOR'S/G&G STEAM: L. Pritchard Objects to Disclosure Statement
HERITAGE HOME: Software License Deal Not Identified, SAP Says
IEA ENERGY: Moody's Affirms B3 Corp. Family Rating, Outlook Stable

IX DESIGN BUILDERS: Nov. 19 Plan Confirmation Hearing Set
JENESS UNIFORM: Nov. 14 Disclosure Statement Hearing Set
K&S UTILITY: Dec. 5 Plan Confirmation Hearing
LA CASA DI ARTURO: Unsecured Creditors to Get 100%, Plus 2.26%
LAURITSEN FIREWOOD: BFN to Get Quarterly Payments until 2025

LEWIS SPECIALTIES: Unsecured Creditors to Get $30,000 Over 60 Mos.
LOU FASCIO: Unsecureds to Get 100% in 36 Months at 4%
MICHAEL BAKER: Moody's Raises CFR to B2, Outlook Stable
MODERN PROMOS: Case Summary & 20 Largest Unsecured Creditors
NEW ATHENS: Plan Confirmation Hearing Set for Nov. 20

NEW LIFE HOLINESS: DOJ Watchdog Wants Ch. 11 Case Dismissed
NSC WHOLESALE: Has Interim Approval to Conduct Store Closing
NSC WHOLESALE: Sets Bidding Procedures for Assets
OPEN ROAD: Court OKs Settlement with Showtime Networks
OPEN ROAD: Seeks Approval of KERP, To Make Payments Up to $206,000

PACIFIC DRILLING: Hires Ernst & Young S.A. as Luxembourg Auditor
PARKLAND FUEL: S&P Rates New C$250MM Senior Unsecured Notes 'BB'
PGHC HOLDINGS: Nov. 15 Meeting Set to Form Creditors' Panel
PHOENIX RISES: Secured Creditor to Get $575K Before Jan. 31
PIERSON LAKES: Sponsors to Get 100%, Plus 4.36% Under Plan

PLASTIC POWERDRIVE: Taps Springer Brown as Counsel
PLATFORM SPECIALTY: Moody's Rates Proposed $1.08BB Loans 'Ba2'
PLATFORM SPECIALTY: S&P Affirms 'BB-' ICR, Outlook Stable
PREMIER EXHIBITIONS: Sale to Lenders Group for $19.5M Okayed
PROCESS AMERICA: Hires SLBiggs as Accountant

PROMISE HEALTHCARE: Nov. 13 Meeting Set to Form Creditors' Panel
PUMAS CAB: To Surrender 2 Taxi Medallions to Secured Creditor
REBUILTCARS CORP: Court Confirms 3rd Amended Plan
RELAY SHOE: Nov. 28 Plan and Disclosure Statement Hearing Set
REX ENERGY: Court Confirms Amended Plan of Liquidation

RYNARD PROPERTIES: To Sell Housing Project to Fund Exit Plan
SALVADOR CORDERO: Trustee's $2.2M Sale of Kihei Property Approved
SAM INDUSTRIAS: Chapter 15 Case Summary
SAN FRANCISCO SHIP: Hires Larson Gross as Accountant
SANCHEZ ENERGY: S&P Lowers ICR to 'CCC', Outlook Negative

SIMPLY GREEK: Hires Forbes Law LLC as Attorney
SPICY VINES: Hires Michael Fallon as Counsel
SUMMIT HME: Case Summary & 20 Largest Unsecured Creditors
T.C. RENFROW: Nov. 26 Disclosure Statement Hearing
TACO BUENO: Nov. 16 Meeting Set to Form Creditors' Panel

TONAWANDA COKE: Hires Hodgson Russ as Counsel
TOYS R US: Bid Procedures for Sale of Shared Services Biz Okayed
TRINITY INVESTMENT: Taps Haines, Isenbarger & Skiba as Accountant
TRITON AUTOMATION: Hires Gadd Business Consultants as Consultants
VALEANT PHARMACEUTICALS: Fitch Gives BB- Rating on Add-On Loan

VALLEY LUMBER: Plan Confirmation Hearing Set for Nov. 20
VICTORY CAPITAL: Moody's Affirms Ba3 CFR, Outlook Stable
VISION INVESTMENT: Hires Bose McKinney & Evans as Special Counsel
VISION INVESTMENT: Hires Haines, Isenbarger & Skiba as Accountant
WALDRON DEVELOPMENT: Petrini-Poli Buying Chicago Property for $1M

WALLER MARINE: Disclosure Statement Hearing Continued to Nov. 20
WILSON MANIFOLDS: Hire Moecker Auctions as Appraiser
WOODBRIDGE GROUP: $265K Sale of Stone Mountain Property Approved
WOW WEE: Hires Landwehr Law Firm as Attorney
WPB HOSPITALITY: Taps CBRE Inc. as Real Estate Broker

WPB HOSPITALITY: U.S. Trustee Unable to Appoint Committee
XPEERANT INCORPORATED: U.S. Trustee Unable to Appoint Committee
ZAMINDAR PROPERTIES: Dec. 3 Disclosure Statement Hearing Set
ZAYO GROUP: Moody's Reviews B2 CFR for Downgrade on Split-Up Plans
[^] BOND PRICING: For the Week from November 5 to 9, 2018


                            *********

4 WEST HOLDINGS: Omega Entities Opposes DLA Piper Fees
------------------------------------------------------
BankruptcyData.com reported that OHI Asset RO and certain
affiliates (the "Omega Entities") filed an objection to the interim
fee request of DLA Piper (US) as set forth in the fifth monthly
application for allowance of compensation for services rendered and
for reimbursement of expenses as counsel.

BankruptcyData related that the objection asserts, "The July
Monthly Statement seeks $878,955.50 in fees and $42,142.42 in
expenses. Following the Debtors' admission of a flawed
understanding of their plan of reorganization, the Court concluded
that the Plan has at all times been un-confirmable given the
Debtors' financial state. The Omega Entities submit that payment of
any further fees pertaining to the Debtors' Plan should not and
cannot take place. To submit a plan based on either a misreading of
its clear provisions, or based on a failed understanding of the
Debtors' finances (or both), runs afoul of section 330(a)(3)(C). At
a minimum, the Omega Entities respectfully submit that the payment
of any amounts in this category is inappropriate at this time and
not in conformity with sections 330(a)(3)(C) and (D) or the
applicable Johnson Factors, based on this Court's ruling that the
Plan's plain language renders it un-confirmable. In addition, in a
separate category of "Court Hearings," the July Monthly Statement
seeks $72,285.50 in fees for court hearings and related preparation
in connection with the Plan and Disclosure Statement. Finally, in a
separate category of 'Litigation and Contested Matters,' the July
Monthly Statement seeks $352,453.50 in fees. In addition, the July
Monthly Statement seeks $72,285.50 in fees incurred for 'Court
Hearings.' All of this time, save approximately $20,000 that was
spent on the Committee's motion to enforce its alleged settlement
with the Omega Entities, related to the extensive litigation the
Debtors had to undertake based on their mis-reading of the Plan."

                    About 4 West Holdings

4 West Holdings, Inc., et al. -- http://www.orianna.com/-- are  
licensed operators of 41 skilled nursing facilities and manage on
skilled nursing facility located in seven states: Georgia, Indiana,
Mississippi, North Carolina, South Carolina, Tennessee and
Virginia.  In addition, one of related entity, Palladium Hospice
and Palliative Care, LLC f/k/a Ark Hospice, LLC provides hospice
and palliative care services at certain of the Facilities and other
third party locations.  They employ approximately 5,000 people,
including but not limited to, nurses, nursing assistants, social
workers, regional directors and supervisors.

4 West Holdings, Inc., and 134 of its affiliates and subsidiaries
filed voluntary petitions in the U.S. Bankruptcy Court for the
Northern District of Texas in Dallas seeking relief under the
provisions of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D.
Tex. Lead Case No. 18-30777) on March 6, 2018, with a restructuring
plan that contemplates the transfer of 22 facilities to new
operations.

The Debtors continue to operate their businesses and manage their
properties as debtors-in-possession.  4 West Holdings estimated $10
million to $50 million in assets and $50 million to $100 million in
liabilities as of the filing.

The Hon. Harlin DeWayne Hale is the case judge.

The Debtors tapped DLA Piper LLP (US) as bankruptcy counsel;
Houlihan Lokey as investment banker; Crowe Horwath LLP as financial
advisor; Ankura Consulting Group, LLC, as interim management
services provider; and Rust Consulting/Omni Bankruptcy as claims
agent.

The Office of the U.S. Trustee on March 19, 2018, appointed an
official committee of unsecured creditors.  The Committee tapped
Norton Rose Fulbright US LLP as its legal counsel, and CohnReznick
LLP as its financial advisor.


40 CARLETON: Nov. 14 Hearing on Plan and Disclosure Statement Set
-----------------------------------------------------------------
The Bankruptcy Court will convene a combined hearing on the
adequacy of the disclosure statement and confirmation of the plan
of reorganization filed by 40 Carleton Avenue Corp. on November 14,
2018 at 2:00 p.m.

Charles Luchetti is the sole owner of 40 Carleton Avenue Corp,
which was incorporated for the purpose of owning and operating a
parcel of real property located at 40 Carleton Avenue, Islip
Terrace, NY 11752.  Mr. Lucchetti is also the sole owner of 46
Carleton Avenue Corp., another debtor, which is in the business of
owning and operating the real property located at 46 Carleton
Avenue, Islip Terrace, NY, 11752.  From 1992, the premises were
leased to entities in the business of tire sales.

The only claim that may be included in Class 2 General Unsecured
Claim is the unsecured portion of the claim of the Internal Revenue
Service in the sum of $6,156.  The Debtor will pay the full amount
of the Allowed Class 2 Claim monthly over a period of 60 months,
with no interest.  The monthly payment to holders of Claims in this
Class under the Debtor's Plan will be in the sum of $102.

The Reorganized Debtor's stock will continue to be held and owned
100% by Mr. Lucchetti.

All monies to be used to make payments under the Plan will be
derived from the Debtor's operations, as well as from contribution
by Mr. Lucchetti.

A copy of the Disclosure Statement is available at
https://tinyurl.com/ycywb79j from PacerMonitor.com at no charge.

40 Carleton Avenue Corp. filed a voluntary Chapter 11 petition
(Bankr. E.D.N.Y. Case No. 17-77838) on December 22, 2017, and is
represented by Raymond W. Verdi, Jr., Esq., at Law Offices of
Raymond W. Verdi, Jr., PC.


46 CARLETON: Nov. 14 Disclosure Statement Hearing Set
-----------------------------------------------------
The Bankruptcy Court will convene a combined hearing to consider
approval of the disclosure statement and confirmation of the plan
of reorganization filed by 46 Carleton Avenue Corp. on November 14,
2018 at 2:00 p.m.  Objections to the adequacy of the Disclosure
Statement or to confirmation of the Plan must be filed by November
7.

The Debtor is a New York corporation incorporated by Charles
Lucchetti, the owner of 100% of the Debtor.  The Debtor is in the
business of owning and operating the real property located at 46
Carleton Avenue, Islip Terrace, NY, 11752.  Luchetti is also the
sole owner of 40 Carleton Avenue Corp, which was incorporated for
the purpose of owning and operating a parcel of real property
located at 40 Carleton Avenue, Islip Terrace, NY 11752.  From 1992,
the premises were leased to entities in the business of tire
sales.

The only claim that may be included in Class 2 General Unsecured
Claim is the unsecured portion of the claim of the Internal Revenue
Service in the sum of $6,156.  The Debtor will pay the full amount
of the Allowed Class 2 Claim monthly over a period of 60 months,
with no interest.  The monthly payment to holders of Claims in this
Class under the Debtor's Plan will be in the sum of $102.

The Reorganized Debtor's stock will continue to be held and owned
100% by Mr. Lucchetti.

All monies to be used to make payments under the Plan will be
derived from the Debtor's operations, as well as from contribution
by Mr. Lucchetti.

A copy of the Disclosure Statement is available at
https://tinyurl.com/ybhxs6ef from PacerMonitor.com at no charge.

46 Carleton Avenue Corp. filed a voluntary Chapter 11 petition
(Bankr. E.D.N.Y. Case No. 17-77840) on December 22, 2017, and is
represented by Raymond W Verdi, Jr., Esq., at Law Offices of
Raymond W. Verdi, Jr., PC.


ABA HOLDING: $1.4M Private Sale of Brooklyn Property Approved
-------------------------------------------------------------
Judge Carla E. Craig of the U.S. Bankruptcy Court for the Eastern
District of New York authorized A B A Holding, LLC's private sale
of its residential property located at 1615 Dorchester Road,
Brooklyn, New York, known on the Kings County Tax Map as Block
5159, Lot 36, to Laura Morrison and Daniel Lichtman for
$1,365,000.

The sale is free and clear of all liens, claims and encumbrances,
with such liens, claims and encumbrances to attach to the sale
proceeds.

At the closing of the sale, the Debtor will pay the following
creditors the following amounts (subject to change upon receipt of
an updated payoff letter from HSBC Bank USA NA): (i) HSBC Bank USA
NA - $1,216,615; (ii) NYC Dept of Finance - $527; (iii) NYC Office
of Administrative Trials and Hearings: $3,565; (iv) National Grid -
$1,000; (v) LG Fairmont Inc. - $15,000; (vi) Coldwell Banker (the
co-broker) - $15,000; (vii) United States Trustee - $13,975; and
(viii) John Lehr, P.C. (to be held in escrow pending fee
application - $30,000.

The Debtor is authorized and directed to pay any and all taxes
including operational expenses including but not limited to
government charges, water, sewer and electric charges at closing
without further order of the Court.

The provisions of the Order will be immediately effective upon its
entry and any actions taken pursuant thereto will survive entry of,
and will govern with respect to any conflict with, any other order.


The proceeds arising from the sale of the Property to the Purchaser
and received by the Debtor under the Agreement will be disbursed at
closing to all allowed secured claims and lienholders in full
satisfaction of their liens and the Debtor may pay any necessary
standard costs of closing therefrom, and the balance of the sale
proceeds will be deposited into the Debtor's counsel's escrow
account to be distributed in accordance with the Debtor's Plan, to
pay ordinary and necessary expenses, or until further Order of the
Court.

Notwithstanding the foregoing, provided the Debtor has reserved for
or paid 100% of all claims scheduled or filed against it, including
Administration Claims and professional fees, the Debtor may use the
remainder of the sale proceeds to pay equity holders in the Debtor
pursuant to the terms of the Plan.

The stay required by Bankruptcy Rule 6004(h) is waived, for cause,
and the Order is effective immediately upon its entry.

The of the Property is occurring pursuant to a confirmed Plan.  The
sale of the Property will not be taxed under any law imposing a
stamp or similar tax as provided for in Section 1146(a) of the
Bankruptcy Code including (a) the transfer of the Property; (b) the
creation of any mortgage, deed of trust, lien, pledge or other
security interest; (c) the making or assignment of any contract,
Lease or sublease; or (d) the making or delivery of any deed or
other instrument or transfer under, in furtherance of, or in
connection with the Plan.  All such transfers, assignments and
sales will not be subject to any stamp tax, or other similar tax
held to be a stamp tax or other similar tax by applicable law.

                      About A B A Holding

A B A Holding LLC formed is a single-asset real estate entity.  It
owns a three- story, two-family residential property located at
1615 Dorchester Road, Brooklyn, New York 11226.  Its principal
(without the advice of counsel) filed the instant case under
Chapter 7 (Bankr. E.D.N.Y. Case No. 18-40282) on Jan. 18, 2018.
After filing the case, he realized that the case should have been
filed under Chapter 11 and brought a motion to convert the case the
Chapter 11 on the same day the case was filed.

John Lehr, Esq., in New Hyde Park, New York, serves as counsel to
the Debtor.

LG Fairmont is the real estate broker.


AEGEAN MARINE: Nov. 15 Meeting Set to Form Creditors' Panel
-----------------------------------------------------------
William K. Harrington, United States Trustee, for Region 2, will
hold an organizational meeting on November 15, 2018, at 11:00 a.m.
in the bankruptcy case of Aegean Marine Petroleum Network Inc., et
al.

The meeting will be held at:

         Lotte New York Palace
         (Spellman Room)
         455 Madison Avenue
         New York, NY  10022

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

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

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

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

          About Aegean Marine Petroleum Network Inc.

Aegean Marine Petroleum Network Inc. -- http://www.ampni.com-- is
an international marine fuel logistics company that markets and
physically supplies refined marine fuel and lubricants to ships in
port and at sea.  The Company procures product from various sources
(such as refineries, oil producers, and traders) and resells it to
a diverse group of customers across all major commercial shipping
sectors and leading cruise lines.  Currently, Aegean has a global
presence in more than 30 markets and a team of professionals ready
to serve its customers wherever they are around the globe.

Aegean Marine Petroleum Network Inc., et. al., sought bankruptcy
protection on November 6, 2018  (Bankr. D. Del. Lead Case No. Case
No. 18-13374).  The jointly administered cases are pending before
Judge Hon. Michael E. Wiles.

The petition was signed by Spyridon Fokas, general counsel and
secretary.

The Debtor has total estimated assets of $1 billion to $10 billion
and total estimated liabilities of $500 million to $1 billion.

The Debtors tapped Kirkland & Ellis International LLP as general
counsel; Moelis & Company as Financial Advisor; Ernst & Young LLP,
as restructuring advisor; Epiq Bankruptcy Solutions, LLC as claims
agent.



ALGOMA STEEL: Moody's Assigns B3 Corp Family Rating, Outlook Stable
-------------------------------------------------------------------
Moody's Investors Service assigned ratings to Algoma Steel Inc.,
following the company's plan to emerge from bankruptcy, consisting
of a B3 corporate family rating, B3-PD probability of default
rating, and a B3 rating to its proposed $300 million senior secured
term loan. The ratings outlook is stable.

The proceeds from the term loan will be used as part of the
financing arrangement in Algoma's exit from Companies' Creditors
Arrangement Act protection which it entered into in November 2015.


Assignments:

Issuer: Algoma Steel Inc.

Probability of Default Rating, Assigned B3-PD

Corporate Family Rating, Assigned B3

Gtd Senior Secured Term Loan, Assigned B3 (LGD3)

Outlook Actions:

Issuer: Algoma Steel Inc.

Outlook, Assigned Stable

RATINGS RATIONALE

Algoma's B3 CFR is constrained by 1) its small size (2.3 million
tons/year of steel shipments), 2) a single production site, with a
single operating blast furnace, 3) cash flow volatility due to
exposure to the volatile steel market and lack of control over raw
material prices, 4) higher capital spending for strategic
investment expected once out of bankruptcy proceedings and 5) a
competitive disadvantage relative to US steel peers because of the
25% U.S. steel tariff and incremental freight cost because of
Algoma's location. Algoma benefits from 1) favorable short-term
fundamentals of the US steel market, 2) relatively low cost hot
rolled steel making capabilities, using its Direct Strip Production
Complex, 3) Government (combined federal and provincial) debt
financing to assist with needed modernization, 4) expected adjusted
leverage of less than 6x, and 4) good liquidity.

Algoma's new capital structure will consist of a $250 million ABL
revolver which is expected to be substantially undrawn at close, a
$300 million secured term loan, and a $73 million take-back loan
secured by the Port of Algoma. The ABL has a first priority
security on receivables and inventory and a second priority over
the rest of Algoma's assets (other than the port), while the term
loan has second priority security on receivables and inventory and
first priority over the rest of Algoma's assets (other than the
port).

Algoma has good liquidity. Sources total about CAD$430 million
compared to minimal uses in the next four quarters. Liquidity
sources consist of about CAD$300 million available under its $250
million ABL credit facility (due in 2023), and Moody's expected
free cash flow around CAD$130 million over the next four quarters,
compared to a 1% mandatory term loan amortization in this
timeframe. Algoma's credit facility is subject to springing fixed
charges coverage covenants if credit facility's availability falls
below an amount defined in the agreement, but Moody's does not
expect the covenant to be applicable in the next four quarters.

The stable outlook reflects its expectation that Algoma will keep
adjusted leverage below 6x (except in years when the blast furnace
requires a two month shutdown for turnaround maintenance), and will
be able to fund its expected increased capital spend program with
internal sources and agreed to government capital spending
assistance. It also incorporates its expectation that the company
will not experience operational disruptions at its plant or from
its suppliers.

The ratings could be upgraded if the company is able to generate
consistent positive free cash flow, adjusted debt/EBITDA is
sustained below 4.0x (expected to be 5x at fiscal year-end 2020
(March 2020)) and (CFO-dividend)/debt is sustained above 15%
(expected to be 5% March 2020).

The ratings could be downgraded if the company experiences material
disruptions that result in a weaker than expected operating
performance, there is a material deterioration the company's
liquidity or if adjusted debt/EBITDA is sustained above 6.0x
(expected to be 5x at March 2020) and (CFO-dividend)/debt sustained
below 5% (expected to be 5% March 2020).

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

Algoma Steel Inc., headquartered in Sault Saint Marie, Ontario, is
a steel producer utilizing one 2.6 million tons operational blast
furnace and shipped 2.3 million tons during fiscal year-end 2018.
Algoma manufactures sheet and plate, with sheet products accounting
for approximately 85% of its sales. Algoma's revenue for the twelve
months ending June 30, 2018 was CAD$2.1 billion, with about 60%
generated in the U.S. and most of the rest in Canada.


ALL-STATE FIRE: To Pay $5.1MM to Creditors Under 2nd Amended Plan
-----------------------------------------------------------------
All-State Fire Protection, Inc. and Raymond S. Gibler filed with
the U.S. Bankruptcy Court for the District of Colorado filed a
Disclosure Statement in Support of their Second Amended Joint Plan
of Reorganization dated November 1, 2018.

All-State will pay the sum of not less than $5,117,824 to creditors
over the life of the Plan. Of that amount, $3,013,738 will be paid
to All-State's priority tax claims, representing the principal
amount of the priority tax claims with interest.

During the Plan, All-State's secured creditors (including secured
tax liens) will receive $1,297,042. Unsecured non-priority
creditors of All-State will be paid $891,695 representing a 100%
return to unsecured creditors on the principal amount of their
claims over five years.

Under the Plan, All-State's ability to pay unsecured creditors has
increased substantially. It has less debt to pay following the
settlement agreements with National Automatic Sprinkler Industry,
et al., and with American Contractors Indemnity Company. Similarly,
the remaining unsecured creditors will benefit from a reduced pool
of creditors.

Likewise, Mr. Gibler's secured creditors will not be impaired under
the Plan. Mr. Gibler has approximately $24,736.97 of unsecured
creditors who have filed proofs of claim as a result of personal
credit. Such debt does not include his personal liability on any
creditor claims against All-State or his personal guarantees of
All-State's debts. Over the Life of the Plan, Mr. Gibler will pay
approximately $67,943 to the Gibler Creditor Fund, which will
result in 100% repayment to unsecured creditors.

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

      http://bankrupt.com/misc/cob17-15844-430.pdf

All-State is represented by:

     Kenneth J. Buechler, Esq.
     BUECHLER & GARBER, LLC
     999 18 Street, Suite 1230-S
     Denver, CO 80202
     Tel: 720-381-0045
     Fax: 720-381-0382
     Email: ken@BandGlawoffice.com

Raymond Gibler is represented by:

     Jeffrey S. Brinen, Esq.
     KUTNER BRINEN, P.C.
     1660 Lincoln St., Suite 1850
     Denver, CO 80264
     Tel.: (303) 832-2418
     Fax: (303) 832-1510
     Email: jsb@kutnerlaw.com

                     About All-State Fire Protection, Inc.

All-State Fire Protection, Inc., based in Wiggins, Colo.,
specializes in the installation of fire sprinkler systems for
residential and commercial clients.

All-State Fire Protection filed a Chapter 11 petition (Bankr. D.
Colo. Case No. 17-15844) on June 23, 2016, estimating $1 million to
$10 million in assets and liabilities. The petition was signed by
Raymond Gibler, president.

The Hon. Thomas B. McNamara presides over the case.

Kenneth J. Buechler, Esq., at Buechler & Garber, serves as
bankruptcy counsel to the Debtor.


ALSTRAW ENTERPRISES: $106K Sale of Plaza Coin Laundry Approved
--------------------------------------------------------------
Judge Brian F. Kenney of the U.S. Bankruptcy Court for the Eastern
District of Virginia authorized Alstraw Enterprises, Inc.'s sale of
the leasehold improvements, the real estate leases and all of the
personal property assets in coin operated laundry location in
Dumfries, Virginia, also known as The Plaza Coin Laundry, to Majdi
(Mark) Kassir for $106,000.

The closing of the sale will occur on Nov. 1, 2018.

Should Majdi (Mark) Kassir not close on the purchase by Nov. 1,
2018 or with 10 days thereafter, then at the election of the
Debtor, the sale property will be sold to Dr. Amar Mukhtar, Awad
Abdalla, and Nutaila Osman for $104,000.

The stay pursuant to Rule 6004(h) of the federal Rules of
Bankruptcy Procedure is waived.

All costs of sale and settlement and a broker's fee of 10% (to be
apportioned between the estate's agent and the buyer's agent), and
the broker's expenses, not to exceed $3,000 (as provided for in the
Order appointing Sales Agent entered on July 12, 2018), will be
disbursed at closing, in addition with the lease, provided such
fees do not exceed $7,500, will be paid directly to the landlord,
the Dumfries Shopping Center, at settlement with the remaining net
balance to be placed in the DIP Account and to be preserved therein
until further order of the Court.

                  About Alstraw Enterprises

Alstraw Enterprises, Inc. operates four coin laundries at separate
locations, including Dulles Park, Herndon, Dumfries and Manassas.
Each of these businesses occupy leased space and some have
different names under which they do business, the Dumfries location
being known as "Plaza Coin Laundry" and Herndon being known as the
"The Herndon Coin Laundry."

Alstraw Enterprises, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Va. Case No. 18-11430) on April 23, 2018.  

The Debtor hired Richard G. Hall, as counsel.  Stephen Karbelk of
Auction Markets, LLC was appointed as the sales agent for the
Debtor on July 12, 2018.  Scott W. Miller of Analytic Financial
Group, LLC, was appointed as a financial advisor for the Debtor
retroactively to June 15, 2018, on July 17, 2018.



AMERICAN TIRE: Amends Plan Outline, Shareholders to Split $30M
--------------------------------------------------------------
BankruptcyData.com reported American Tire Distributors filed an
amended Disclosure Statement in respect of its Joint Plan of
Reorganization and a blacklined version of that Disclosure
Statement, reflecting changes from the version of Oct. 15, 2018.

BankruptcyData related that in addition to the attachment of
significant exhibits, the amended Disclosure Statement reflects the
following significant developments:

- Support for the Plan amongst the Debtors' "Consenting Term Loan

   Lenders" has risen to 78% from 67%,

- Estimated Recovery for holders of the Debtors' Senior
   Subordinated Notes is expected to be 54.6%,

- Holders of the Debtors' outstanding 838,551,089 shares are
   expected to recover $0.036 per share (splitting a $30 million
   pool),

- A committee of unsecure creditors has been appointed, and

- Pursuant to the Valuation Analysis, the Reorganized Debtors
   will have an implied equity value at emergence of approximately
  
   $604 million at the midpoint.

The following exhibits were filed with the Disclosure Statement:

   Exhibit E – Liquidation Analysis.
   Exhibit F – Valuation Analysis.
   Exhibit G – Financial Projections.

According to the valuation analysis, "Based upon and subject to the
review and analysis described herein, and subject to the
assumptions, limitations and qualifications described herein,
Moelis’ view, as of October 16, 2018, was that the estimated
going concern enterprise value of the Reorganized Debtors, as of an
assumed Effective Date for purposes of Moelis' valuation analysis
of December 31, 2018 (the "Assumed Effective Date"), would be in a
range between $1,875 million and $2,125 million. The midpoint of
our enterprise valuation range is $2,000 million.  Based upon our
range of estimated going concern enterprise value of the
Reorganized Debtors of between $1,875 million and $2,125 million
and assumed net debt of $1,396 million (assuming a debt balance of
$1,431 million and a pro forma cash balance of $35 million as of
December 31, 2018) as provided by the Debtors, the imputed estimate
of the range of equity value for the Reorganized Debtors, as of the
Assumed Effective Date, is between approximately $479 million and
$729 million, with a midpoint estimate of $604 million."

According to the financial projections, "ATD has projected a
reduction of PLT unit sales from 35.7 million in 2018 to 34.2
million in 2019 in accounting for the trends noted above. These are
partially offset by new business contribution of approximately 2.5
million units in 2019 growing to approximately 4.5 million units in
2020. The Financial Projections also include a 1% to 2%
steady-state organic volume growth in its base unit sales which is
consistent with historical patterns, and 2% to 3% average selling
price inflation. Within its major channels, ATD has estimated
growth from 2020 through 2023 at 0.5% to 1% for its core
independent tire retailers, 1% to 2% for car dealers, 7% for
e-commerce sales, and an increase of 30% in corporate accounts in
2020 from new business contributions, stabilizing at 2.5% from 2021
through 2023. The Financial Projections reflect the improvement of
ATD's year-end-days payable from 50 days at end of 2018 to 55 days
by the end of 2019. Year-end-days payable remains constant at 55
days from end of 2019 through end of 2023. Prepetition accounts
payable is assumed to be paid as part of ATD’s court-approved
first day orders or upon emergence as part of the Plan. The
Financial Projections assume capital spending of $60 million in
2019, increasing to $65 million in 2020 and remaining at this level
through the end of the forecast period."

The following is an updated summary of classes, claims, voting
rights and projected recoveries:

  Class 1 ("Other Secured Claims") is unimpaired, deemed to accept

  the Plan and not entitled to vote. Estimated allowed claims are
  $500,000 and estimated recovery is 100%.

  Class 2 ("Other Priority Claims")  is unimpaired, deemed to
  accept the Plan and not entitled to vote.of $500,000. Estimated
  allowed claims are $500,000 and estimated recovery is 100%.

  Class 3 ("ABL Claims")  is unimpaired, deemed to accept the Plan

  and not entitled to vote. Estimated allowed claims are $0 and
  estimated recovery is 100%.

  Class 4 ("Term Loan Claims") is impaired and entitled to vote.
  Estimated allowed claims are $1,050,000,000 (in principal
  amount) and estimated recovery is 54.6%.

  Class 5 ("Senior Subordinated Notes Claims") is impaired and
  entitled to vote. Estimated allowed claims are $695,000,000 (in
  principal amount) and estimated recovery is 100%.

  Class 6 ("General Unsecured Claims") is unimpaired, deemed to
  accept the Plan and not entitled to vote. Estimated allowed
  claims are $616,144,244 and estimated recovery is 100%.

  Class 7 ("Intercompany Claims") is unimpaired/Impaired deemed to

  accept/reject the Plan and not entitled to vote.

  Class 8 ("Section 510(b) Claims") is impaired, deemed to reject
  the Plan and not entitled to vote. Estimated allowed claims are
  $0 and estimated recovery is 0%.

  Class 9 ("Intercompany Interests") is unimpaired/Impaired,
  deemed to accept/reject the Plan and not entitled to vote.
  
  Class 10 ("Interests") is impaired and entitled to vote.
  Estimated recovery is approximately $30 million in aggregate or
  $0.036 per share.

                   About ATD Corp/American Tire

Headquartered in Huntersville, North Carolina, ATD Corporation and
its subsidiaries -- https://www.atd-us.com -- are distributors of
replacement tires with more than 140 distribution centers and 1,400
delivery vehicles servicing a geographic region covering more than
90 percent of the replacement tire market for passenger vehicles
and light trucks in the United States.  ATD offers the broadest
variety of products and value-added services that range from
premium-quality tires and popular custom wheels to business support
services and online platforms that cater to tire retailers and
their potential customers.  ATD has its own proprietary
private-label and exclusive tire brands, such as Hercules and
Ironman, to supplement its supply of industry-leading brand-name
tires, including Continental, Michelin, Pirelli, Cooper, Nexen,
Toyo-Nitto, Hankook, Kumho, and Falken among others.  The Debtors
and their non-debtor subsidiaries currently employ approximately
5,500 people in the United States and Canada.

ATD Corporation and eight of its affiliates filed for bankruptcy on
Oct. 4, 2018 (Bankr. D. Del. Lead Case No. 18-12221).  In the
petition signed by CFO William Williams, the Debtors estimated
assets and liabilities of $1 billion to $10 billion.

The Hon. Kevin J. Carey presides over the cases.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel; Pachulski Stang
Ziehl & Jones LLP as local bankruptcy counsel; Moelis & Company as
financial advisor; AlixPartners LLP as restructuring advisor; and
Kurtzan Carson Consultants, LLC as notice and claims agent.

Andrew Vara, acting U.S. trustee for Region 3, appointed an
official committee of unsecured creditors on Oct. 19, 2018.


AMERICAN TIRE: Obtains Final Order on DIP Financing Motion
----------------------------------------------------------
BankruptcyData.com reported that the Court hearing the American
Tire Distributors case issued a final order authorizing the Debtors
to (i) obtain debtor-in-possession ("DIP") financing and (ii)
utilize cash collateral.  

BankruptcyData related that DIP Financing Motion "requests approval
of a DIP Facility that will provide continued access to the
Debtors' prepetition asset-based revolver, plus approximately $200
million of incremental liquidity. Additionally, the noteholder
group will provide a $250 million DIP FILO Loan, which is
subordinate to, but shares the same lien as, the ABL DIP Loans. The
Debtors request that the Court authorize the Debtors to obtain
senior secured post-petition financing on a super-priority priming
lien basis and for each of the Debtors other than the Borrowers
(the 'Guarantors') to guaranty the Borrowers' obligations in
connection with the DIP Facility, on a super-priority basis in the
aggregate principal amount of up to $1,230,000,000, consisting of
(i) a senior secured super-priority revolving credit facility,
swing line loans, and letters of credit in the aggregate principal
amount of up to $980,000,000 (the 'ABL DIP Loan'), and (ii) a
$250,000,000 senior secured super-priority first-in last-out term
loan facility (the 'DIP FILO Loan'), which shall be available in
full upon entry of the Final Order to repay and discharge the
Prepetition U.S. FILO Loans, pursuant to the terms and conditions
of the Post-Petition Credit Agreement (the 'DIP Loan Agreement').
Revolving commitments ('U.S. Tranche 1 Commitment' and 'Canadian
Tranche 2 Commitment' are $800,000,000 (not including an additional
$180,000,000 of Canadian ABL Revolving Commitments)."

                   About ATD Corp/American Tire

Headquartered in Huntersville, North Carolina, ATD Corporation and
its subsidiaries -- https://www.atd-us.com -- are distributors of
replacement tires with more than 140 distribution centers and 1,400
delivery vehicles servicing a geographic region covering more than
90 percent of the replacement tire market for passenger vehicles
and light trucks in the United States.  ATD offers the broadest
variety of products and value-added services that range from
premium-quality tires and popular custom wheels to business support
services and online platforms that cater to tire retailers and
their potential customers.  ATD has its own proprietary
private-label and exclusive tire brands, such as Hercules and
Ironman, to supplement its supply of industry-leading brand-name
tires, including Continental, Michelin, Pirelli, Cooper, Nexen,
Toyo-Nitto, Hankook, Kumho, and Falken among others.  The Debtors
and their non-Debtor subsidiaries currently employ approximately
5,500 people in the United States and Canada.

ATD Corporation and eight of its affiliates filed for bankruptcy on
Oct. 4, 2018 (Bankr. D. Del. Lead Case No. 18-12221).  In the
petition signed by CFO William Williams, the Debtors estimated
assets and liabilities of $1 billion to $10 billion.

The Hon. Kevin J. Carey presides over the cases.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel; Pachulski Stang
Ziehl & Jones LLP as local bankruptcy counsel; Moelis & Company as
financial advisor; AlixPartners LLP as restructuring advisor; and
Kurtzan Carson Consultants, LLC as notice and claims agent.

Andrew Vara, acting U.S. trustee for Region 3, appointed an
official committee of unsecured creditors on Oct. 19, 2018.


AMY ELECTRIC: Objections to Disclosure Statement Due Dec. 3
-----------------------------------------------------------
Judge C. Kathryn Preston of the U.S. Bankruptcy Court for the
Southern District of Ohio conditionally approved the second amended
disclosure statement explaining Amy Electric, Inc.'s Chapter 11
plan.

A hearing to consider final approval of the Disclosure and
confirmation of the plan of reorganization shall be held beginning
on December 6, 2018, at 10:00 a.m.

Objections to the Disclosure pursuant to Bankruptcy Rule 3017.1
shall be filed on or before December 3, 2018.

Further, Judge Preston noted that parties in interest who are
eligible to vote on the Plan may cast one ballot for each class for
which they are eligible to vote, accepting or rejecting the Plan.
Each original ballot accepting or rejecting a Plan must be sent to
counsel for the Plan proponent, so as to be received by counsel on
or before November 26, 2018.

                              About Amy Electric

Amy Electric, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ohio Case No. 18-51225) on March 7,
2018.  In the petition signed by Michael Yoder, president, the
Debtor estimated assets of less than $100,000 and liabilities of
less than $500,000.  Judge C. Kathryn Preston presides over the
case.  The Debtor tapped Nobile & Thompson Co., L.P.A., as its
legal counsel.


ATLANTA AUCTION: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Atlanta Auction Access, Inc. as of Nov. 7,
according to a court docket.

                About Atlanta Auction Access Inc.

Atlanta Auction Access, Inc. is a used car dealer based in
Fairburn, Georgia.  It is the fee simple owner of a real property
located at 5575 Frontage Road, Forest Park, Georgia.  The Debtor
valued the property at $1.2 million.

Atlanta Auction Access sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 18-66549) on October 1,
2018.  At the time of the filing, the Debtor disclosed $1,240,440
in assets and $1,225,000 in liabilities.  

The Debtor tapped Joseph Chad Brannen, Esq., at The Brannen Firm,
LLC as its legal counsel.


BAUSCH HEALTH: Moody's Raises CFR to B2, Outlook Stable
-------------------------------------------------------
Moody's Investors Service upgraded the ratings of Bausch Health
Companies Inc. including the Corporate Family Rating to B2 from B3,
the Probability of Default Rating to B2-PD from B3-PD, the senior
secured rating to Ba2 from Ba3 and the senior unsecured rating to
B3 from Caa1. At the same time, Moody's affirmed the Speculative
Grade Liquidity Rating at SGL-1. Following these actions, the
outlook is stable.

"The upgrade reflects continued progress in Bausch Health's
turnaround including organic growth in major business lines,
resolution of the Xifaxan patent challenge, and Moody's expectation
for continued debt reduction," stated Michael Levesque, Moody's
Senior Vice President.

Although debt/EBITDA will remain high at about 7.5x for the next 12
months due to the ongoing impact of patent expirations, Moody's
believes that a decline to 7.0x is increasingly likely in 2020
based on the strength of Bausch Health's underlying businesses,
growth in core products like Xifaxan and continued debt repayment.


Ratings upgraded:

Bausch Health Companies Inc.:

  Corporate Family Rating to B2 from B3

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

  Senior secured bank credit facilities to Ba2 (LGD2) from Ba3
(LGD2)

  Senior secured notes to Ba2 (LGD2) from Ba3 (LGD2)

  Unsecured notes to B3 (LGD5) from Caa1 (LGD5)

Valeant Pharmaceuticals International:

  Unsecured notes to B3 (LGD5) from Caa1 (LGD5)

  VRX Escrow Corp. (obligations assumed by Bausch Health Companies
Inc.):

  Unsecured notes to B3 (LGD5) from Caa1 (LGD5)

Rating affirmed:

Speculative Grade Liquidity Rating at SGL-1

Outlook actions:

Bausch Health Companies Inc. and Valeant Pharmaceuticals
International: revised to stable from positive

There is no outlook on VRX Escrow Corp.

RATINGS RATIONALE

Bausch Health's B2 Corporate Family Rating reflects its high
financial leverage with gross debt/EBITDA of about 7.5 times. The
credit profile also reflects the challenges that Bausch Health
faces to sustainably improve its organic growth, as well as resolve
legal matters. Patent expirations over the next 12 months will
erode earnings, causing debt/EBITDA to remain around 7.5x even with
steady debt reduction. However, patent expirations will moderate by
late 2019 and, combined with growth in newer products, deleveraging
will result. The credit profile is supported by Bausch Health's
good scale with over $8 billion of revenue, solid product diversity
and good free cash flow due to high margins, low taxes and capital
expenditures.

The SGL-1 Speculative Grade Liquidity Rating reflects Moody's
expectation the Bausch Health will maintain very good liquidity
over the next 12-18 months. This is based on ample free cash flow,
limited near-term debt amortization and maturities, and large
capacity under the $1.225 billion revolving credit facility.
Moody's anticipates that Bausch Health will maintain ample cushion
under this 4.0 maximum secured debt/EBITDA covenant in the
revolving credit facility.

The rating outlook is stable, incorporating Moody's expectation
that debt/EBITDA will decline to 7.0x in 2020.

Factors that could lead to an upgrade include improvement in
organic growth, successful launches of new products, and
significant resolution of outstanding legal matters. Specifically,
sustaining debt/EBITDA below 6.5 times with CFO/debt approaching
10% could support an upgrade.

Factors that could lead to a downgrade include significant
reductions in pricing or utilization trends of key products,
escalation of legal issues or large litigation-related cash
outflows, or sustaining debt/EBITDA above 7.5 times.

Bausch Health Companies Inc. is a global company that develops,
manufactures and markets a range of pharmaceutical, medical device
and over-the-counter products. These are primarily in the
therapeutic areas of eye health, gastroenterology and dermatology.


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


BAUSCH HEALTH: S&P Affirms 'BB-' Rating on Sr. Secured Term Loan B
------------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' issue-level rating and '1'
recovery rating on Bausch Health Companies Inc.'s (formerly Valeant
Pharmaceuticals International Inc.) senior secured term loan B due
in 2025, issued by wholly owned subsidiary Valeant Pharmaceuticals
International, with a proposed $750 million add-on. The debt is
rated the same as the company's existing senior secured debt.

The add-on is part of an announced plan by Bausch Health to
refinance $1.5 billion outstanding in unsecured debt maturing in
2021 with a combination of $1.5 billion in senior secured term loan
and senior secured notes (unrated).   

S&P said, "Our issuer credit rating remains 'B' with a stable
outlook. We also affirmed all other ratings on Bausch Health,
including our 'BB-' senior secured rating and 'B-' senior unsecured
debt ratings.

"Our 'BB-' rating and '1' recovery rating on Bausch Health's senior
secured debt reflects our expectations for very high (90%-100%;
rounded estimate: 95%) recovery in event of default. The 'B-'
rating and '5' recovery rating on Bausch Health's unsecured debt
indicates our expectations for modest (10%-30%; rounded estimate:
20%) recovery in the event of payment default." The proposed
transaction is leverage-neutral, with proceeds earmarked to repay
$1.5 billion of the company's unsecured debt due in 2021.

Bausch Health's substantial scale and revenue diversity, multiple
growth drivers (such as Xifaxan), an improving product pipeline,
and a lessening impact from lost sales due to patent expirations
continue to support our favorable assessment of the company's
business profile. The company has limited therapeutic
concentration, with only one drug--Xifaxan, a treatment for
irritable bowel syndrome--accounting for more than 10% of
revenues.

S&P believes that after several years of declining sales due to
patent expirations and pricing pressures, Bausch could resume
growth in revenues, EBITDA, and cash flows as early as 2019,
enabling the company to continue to steadily deleverage. The
company's Bausch + Lomb (eye care) and gastrointestinal (GI, mainly
Xifaxan) franchises are the key growth drivers. Collectively
accounting for roughly 76% of total sales, Bausch + Lomb generated
3% growth for the nine months ended Sept. 30, 2018, while the GI
franchise expanded 16%.

  RATINGS LIST

  Bausch Health Companies Inc.

  Issuer Credit Rating        B/Stable/--

  Ratings Affirmed; Recovery Ratings Unchanged

  Bausch Health Companies Inc.
  Valeant Pharmaceuticals International
   Senior Secured             BB-
    Recovery Rating           1(95%)

  Ratings Affirmed; Recovery Expectations Revised
                              To               From
  Bausch Health Companies Inc.
  Valeant Pharmaceuticals International
   Senior Unsecured           B-               B-
    Recovery Rating           5(20%)           5(25%)


BROOKSTONE HOLDINGS: Completes Acquisition Deal with Bluestar
-------------------------------------------------------------
BankruptcyData.com reported that Bluestar Alliance announced that
it had completed its acquisition of the Brookstone brand. In a
press release announcing the closing, Bluestar stated that its
partner in the acquisition, Apex Digital Inc., would operate the
Brookstone website and airport stores.

Commenting on the acquisition, Bluestar Alliance CEO Joseph Gabbay
stated, "We are excited to begin renewing Brookstone's innovation
and its flow of new products to the market. London Luxury is the
brand's first new licensee, known for its expertise in the bedding,
home textile and memory foam categories. We are thrilled to have
London Luxury as our licensee partner as they exemplify the
standard consumers will expect from the Brookstone brand. We are
also seeing strong interest from a myriad of prospective licensees
as well as enthusiastic retail partners. Contracts with
best-in-class manufacturers in key categories including massage
products, home environment, audio and travel products are already
expected to close this week."

"Apex Digital is a great partner to run the Brookstone website and
airport stores," said Ralph Gindi, COO of Bluestar Alliance LLC.
"Apex is a major player in the consumer electronics market,
developing advanced products and distributing them to the largest
U.S. retailers, including Microsoft retail, Costco and Staples.
They will operate the Brookstone.com website and e-commerce
business, as well as the airport stores. Their great experience in
e-commerce will bring tremendous synergies to the partnership and
dramatically improve the performance and productivity of
Brookstone's e-commerce business to state-of-the-art. Apex is the
perfect partner to build on and extend Brookstone's heritage of
innovation into the next decade."

                      About Brookstone Holdings

Founded in 1965, Brookstone Holdings Corp. is a U.S.-based product
developer and retailer of wellness, entertainment, and travel
products that are fun to discover, smart to use and beautiful in
design.  Brookstone products are available at its 35 retail
locations in airports throughout the U.S., online at Brookstone.com
and through select premium retailers worldwide.

Brookstone Holdings and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Lead Case No.
18-11780) on Aug. 2, 2018.

In the petitions signed by Stephen A. Gould, secretary, the Debtors
estimated assets of $50 million to $100 million and liabilities of
$100 million to $500 million.

Judge Brendan Linehan Shannon presides over the cases.

The Debtors tapped Gibson, Dunn & Crutcher LLP as their bankruptcy
counsel; Young Conaway Stargatt & Taylor, LLP as Delaware counsel;
Berkeley Research Group, LLC as financial advisor; GLC Advisors &
Co. as investment banker; and Omni Management Group, Inc., as
administrative agent.


C1 HOLDINGS: Moody's Reviews B2 CFR for Downgrade on CVC Fund Deal
------------------------------------------------------------------
Moody's Investors Service has placed C1 Holdings Corp.'s ratings
under review for downgrade, including the company's B2 Corporate
Family Rating, B2-PD Probability of Default Rating, and the B2
rating on C1's first lien term loan. The issuer's SGL-3 Speculative
Grade Liquidity rating is unchanged. The review was prompted by the
announcement that C1's parent company, ConvergeOne Holdings, Inc.
will be acquired by affiliates of CVC Fund VII in an all-cash
transaction valued at approximately $1.8 billion. While details
relating to the financing of this transaction have not been
disclosed, ConvergeOne's debt leverage stands to rise meaningfully
in the absence of a material equity contribution to fund the
purchase, putting downward pressure on the company's credit
profile.

On Review for Downgrade:

Corporate Family Rating, Placed on Review for Downgrade, currently
B2

Probability of Default Rating, Placed on Review for Downgrade,
currently B2-PD

Senior Secured First Lien Term Loan, Placed on Review for
Downgrade, currently B2 (LGD4)

Outlook revised to Rating Under Review from Stable

RATINGS RATIONALE

Moody's review will focus on ConvergeOne's pro forma capital
structure, liquidity profile, expected pace of debt reduction, and
future operating strategy. While the company has not announced
capitalization plans associated with the pending privatization or
disclosed how much equity funding will be contributed by CVC in
conjunction with the transaction, the rating review principally
reflects Moody's concern of a meaningfully more levered pro forma
capital structure.

The principal methodology used in these ratings was Business and
Consumer Service Industry published in October 2016.

ConvergeOne is a provider of integrated communications solutions
and managed services. Moody's expects the company to generate pro
forma sales of $1.6 billion in 2018.


CASHMAN EQUIPMENT: Property Sale Authority Extended Thru Nov. 2
---------------------------------------------------------------
Judge Melvin S. Hoffman of the U.S. Bankruptcy Court for the
District of Massachusetts has issued an interim order extending the
effect of the Order Authorizing Sales of Certain Assets Free and
Clear of All Liens, Claims and Interests from the termination date
under the Sale Extension Order through and including Nov. 2, 2018,
on the same terms and conditions set forth in the Sale Order and
the Sale Extension Order.

The Interim Hearing was held on Oct. 22, 2018.  A continued hearing
on the Sale Motion is scheduled for Nov. 1, 2018, at 10:00 a.m.
(ET).

                   About Cashman Equipment Corp.

Headquartered in Boston, Massachusetts, Cashman Equipment Corp. --
http://4barges.com/-- was founded in 1995 as a barge rental and
marine contracting company with a fleet of 10 barges, 9 of which
were built in the 1950s and 1960s.  Cashman Equipment and certain
of its affiliates and subsidiaries own, operate, rent, and sell a
fleet of vessels, including inland and ocean barges, marine
accommodation barges, specialized oil spill recovery barges, and
tugs, as well as marine equipment, such as cranes, accommodation
units, and marine pollution skimmers.

Cashman Equipment and certain of its affiliates and subsidiaries,
Cashman Scrap & Salvage, LLC, Servicio Marina Superior, LLC, Mystic
Adventure Sails, LLC, and Cashman Canada, Inc., filed Chapter 11
petitions (Bankr. D. Mass. Lead Case No. 17-12205) on June 9,
2017.

The petitions were signed by James M. Cashman, the Debtors'
president.  Mr. Cashman also commenced his own Chapter 11 case
(Bankr. D. Mass. Case No. 17-12204).  The cases are jointly
administered.


CD HALL LLC: Seeks to Hire Realty Group as Realtor
--------------------------------------------------
CD Hall LLC, seeks authority from the U.S. Bankruptcy Court for the
District of Nevada to employ General Realty Group, Inc., as realtor
to the Debtor.

CD Hall LLC requires Realty Group to market and sell the Debtor's
property located at 5348 North Rainbow Blvd., Las Vegas, Nevada
89130.

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

Jay Dana, partner of General Realty Group, 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.

Realty Group can be reached at:

     Jay Dana
     GENERAL REALTY GROUP, INC.
     6330 S Eastern
     Las Vegas, NV 89119
     Tel: (702) 736-4664

              About CD Hall LLC

C.D. Hall LLC owns a child day care center in Las Vegas, Nevada.
The company previously sought protection from creditors on Nov. 29,
2013 (Bankr. D. Nev. Case No. 13-20032).

C.D. Hall LLC again sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Nev. Case No. 18-13058) on May 25, 2018.
In the petition signed by Jhonna Diller, managing member, the
Debtor estimated assets and liabilities ranging from $1 million to
$10 million. The Hon. Laurel E. Babero presides over the case. The
Debtor is represented by Ryan A. Aanderson, Esq. of Andersen Law
Firm, Ltd.



CENTRO GROUP: U.S. Trustee Forms 5-Member Committee
---------------------------------------------------
The U.S. Trustee for Region 21 on Nov. 9 appointed five creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 case of Centro Group, LLC.

The committee members are:

     (1) Steven G. Twele, Nominee
         Pinnacle Consulting, LLC
         c/o Apex Oil Company  
         8235 Forsyth Blvd., Suite 400
         St. Louis, MO 63105
         Phone: 314-889-9664
         Fax: 314-889-9645   
         Email: stwele@pci-stl.com

     (2) Jaime A. Pozo
         Martha Pozo-Diaz
         Pozo-Diaz & Pozo, P.A.
         9260 Sunset Drive, Suite 119
         Miami, FL 33173
         Phone: 305-412-7360   
         Fax: 305-412-7301   
         Email: jpozo@pdplawyers.com
         Email: mpdiaz@pdplawyers.com

     (3) Carlos G. Molina
         Chief Financial Officer
         United Way of Miami-Dade, Inc.
         3250 S. W. 3rd Avenue
         Miami, FL 33129
         Phone: 305-646-7065   
         Email: cmolina@unitedwaymiami.org

     (4) Oscar J. Vila
         Director/Authorized Person
         Liquor Management, LLC Trade
         Name: Crown Wine and Spirits
         201 Alhambra Circle, Suite 702
         Coral Gables, FL 33134   
         Phone: 305-461-4888

     (5) John Lie-Nielsen  
         Chief Executive Officer
         Fund Street, LLC
         3390 Mary Street, Suite 305
         Coconut Grove, FL 33133
         Phone: 786-237-2792   
         Email: john.ln@oneparkfinancial.com

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

                   About Centro Group and ProHCM

Centro Group, LLC is a full service, wholesale group benefits,
human capital, and technology service consulting firm committed to
positioning their clients for future growth.  It is headquartered
in Miami, Florida with additional offices in the Boston and St.
Louis areas.

Centro Group, LLC and ProHCM Holdings, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case Nos.
18-23155 and 18-23156) on October 23, 2018.

In the petitions signed by CEO Joseph Markland, Centro Group
estimated assets of less than $50,000 and liabilities of $1 million
to $10 million.  ProHCM disclosed $4,284,714 in assets and
$4,238,898 in liabilities.

Judge Jay A. Cristol presides over the cases.

The Debtors tapped Shraiberg, Landau & Page, P.A., as their legal
counsel.


CHAPELDALE PROPERTIES: $103K Sale of Baltimore Property Approved
----------------------------------------------------------------
Judge Thomas J. Catliota of the U.S. Bankruptcy Court for the
District of Maryland authorized Chapeldale Properties, LLC to sell
the lot identified as Lot 6 on the plat entitled "Resubdivision
Plat, Part of Part I, Chapeldale," as shown on a plat book recorded
in the Land Records of Baltimore County at Plat Book WJR, No. 28,
folio 98 and further identified by Tax ID No. 02-25-00-005874, to
Surinder Singh, or his assignee for $102,500.

The sale is free and clear of liens, with liens attaching only to
the proceeds.

To the extent that Maryland Concrete Foundations, Inc. receives
less than the full amount of its claim, any lien securing such
claim will be released and the balance of the claim will be deemed
"unsecured."

2016 Ultra Safe Fund, LLC will submit in writing any claim asserted
by it within 15 days.

The Debtor is authorized to pay closing expenses, including Real
Estate Commissions and recording costs as described in the Motion
together with the Secured Claims of the Respondents.

The Debtor will file a copy of the Settlement sheet within 10 days
of closing.

                 About Chapeldale Properties

Chapeldale Properties LLC was incorporated in Maryland in 1998.
Its principal assets are located in Baltimore County.  Chapeldale
Properties sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Md. Case No. 17-26995) on Dec. 21, 2017.  In the
petition signed by Ronald Talbert, its manager, the Debtor
estimated assets of less than $500,000 and liabilities of $1
million to $10 million.  Judge David E. Rice presides over the
case.  The Debtor tapped the Law Offices of David W. Cohen as its
legal counsel.


CHINA FISHERY: Court OKs Settlement on Silliker Joint Venture
-------------------------------------------------------------
BankruptcyData.com reported that the Court hearing the China
Fishery Group case granted authority for a settlement agreement
between its affiliate Debtor Pacific Andes International Holdings
(BVI) Limited ("PAIH BVI"), non-Debtor Pacific Andes Food Limited
(BVI) ("PA Food") and Merieux Nutrisciences Corporation ("MXNS") in
respect to the Silliker Joint Venture.

BankruptcyData related that the Motion noted, "After extensive
arms'-length negotiations, PAIH BVI, PA Food, and MXNS have
resolved disputes relating to the MXNS Claim, and the related
Shareholders Agreement and Cash Deposit Agreement by agreement that
the parties will walk away from their respective claims against one
another and resume their productive ordinary course relationship
that has been in place since 2010.  This resolution is memorialized
in the Settlement Agreement and PAIH BVI has determined, in the
exercise of its sound business judgment, that entry into and
performance under the Settlement Agreement is in the best interests
of PAIH BVI, its estate, and its creditors, as it provides a
mechanism for PAIH BVI to maintain its ownership in the Silliker JV
while extinguishing the MXNS Claim against PAIH BVI without
requiring any cash payment by the Debtors. Under the Settlement
Agreement, the parties have agreed to a settlement with the
following key terms: MXNS agrees to withdraw the MXNS Claim on the
effective date of the Settlement Agreement. PAIH BVI shall be
relieved of its obligations under the Cash Deposit Agreement.  PAIH
BVI shall also be entitled to retain in full the Cash Deposits.  In
exchange, PA Food and PAIH BVI shall forgive the PA Food Loan and
PAIH BVI Loan respectively. On the effective date of the Settlement
Agreement, MXNS agrees to waive any Call Right based on the filing
of the Chapter 11 Cases and PAIH BVI shall retain its 20% interest
in Silliker JV."

            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.


CLOUD PEAK: S&P Lowers Issuer Credit Rating to 'CCC+', Outlook Neg.
-------------------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Gillette,
Wyo.—based Cloud Peak Energy Resources LLC to 'CCC+' from 'B-'.
The outlook is negative.

S&P said, "At the same time, we lowered the issue-level rating on
the company's second-lien notes to 'CCC+' from 'B-' and our
issue-level rating on the company's senior unsecured notes to
'CCC-' from 'CCC'. The '4' recovery rating on the second-lien notes
is unchanged, indicating our expectation of average (30%-50%;
rounded estimate: 45% revised from 30% due to lower revolver
commitment) recovery for lenders in the event of a payment default.
The '6' recovery rating on the unsecured notes is unchanged,
indicating our expectation of negligible (0%-10%; rounded estimate:
0%) recovery for lenders in the event of a payment default.

"The downgrade reflects our expectation of deteriorating earnings
and cash flow due to weak domestic conditions coupled with elevated
operating costs in the next 12 months. We forecast interest
coverage just below 1x for 2019, based on annual interest payments
of about $50 million in the next 12 months (including $43 million
of senior debt interest).

"The negative outlook reflects our expectation that the company
will breach its maximum leverage covenant within the next year,
which increases the refinancing risk and could lead to a distressed
exchange of company's senior notes due 2021 and 2024, currently
trading at discount to par. The covenant breach is driven by
deteriorating earnings due to declining domestic volumes, lower
price realizations, and higher operating costs.

"We could lower the rating if we anticipate Cloud Peak will enter
into a distressed exchange within the next 12 months. This could
happen if the company breaches a covenant and amends its credit
agreement to resolve the covenant restrictions or reduce its
interest expense.

"We could revise the outlook to stable if domestic price
realizations increase by at least 5% to about $12.88/ton from
current assumptions, allowing the company to satisfy its covenant
requirements with at least a 15% cushion. Under this scenario, we
would expect adjusted EBITDA to improve by 30% to about $75
million. We could also revise the outlook to stable if the company
resolves the risk of a covenant breach over the next year, most
likely if the resolution does not alter the terms in any lending
agreements."


COMMSCOPE HOLDING: Moody's Reviews CFR for Downgrade on ARRIS Deal
------------------------------------------------------------------
Moody's Investors Service placed CommScope Holding Company, Inc.'s
credit ratings, including its Ba2 Corporate Family Rating, under
review for downgrade after the company announced it was acquiring
ARRIS International Plc for approximately $7.4 billion. The SGL-1
rating is unchanged at this time.

CommScope is planning to finance the acquisition with $900 million
of combined cash, $5.3 billion of new secured debt, $1.0 billion of
senior unsecured debt, and $1.0 billion of Carlyle convertible
preferred equity. Based on the proposed financing and assuming no
material deviations in financial policies and performance from
Moody's current expectations, Moody's would likely conclude the
review by downgrading the Corporate Family Rating, Probability of
Default Rating, senior unsecured debt, and senior secured debt by
one notch.

Given CommScope's public commitment to direct the vast majority of
its free cash flow (Moody's projects over $700 million annually) to
reduce leverage, Moody's expects CommScope's gross adjusted debt to
EBITDA to approach the low 5x level in about two years from about
6x on a pro forma basis (excluding restructuring and transactions
costs) at closing.

Ratings Rationale

Moody's review will focus on CommScope's pro forma capital
structure, its expected pace of deleveraging, as well as the
company's acquisition posture and longer term financial policies.
The review will also consider the company's strategy to achieve
revenue and cost synergies, while also executing on CommScope's
ongoing efforts to capitalize on evolving technology trends
including 5G and IoT.

Moody's Senior Credit Officer Matthew Jones noted, "we view the two
companies' product lines as complementary and the acquisition as
strategically positive for CommScope." The ARRIS acquisition more
than doubles CommScope's revenues and positions the company well
with their cable and telco customer base and will allow the
combined company to better address evolving technology trends.
Jones added, "we expect modest cost synergies as well as
cross-selling and bundling opportunities from the combination."

Though Moody's expects declines to ARRIS's set-top box business,
the cable and telco industries are expected to continue to spend
heavily on upgrading other customer equipment, headend and related
network equipment, and software to accommodate increasing bandwidth
demands, new products and a migration to OTT and IP based
platforms. While revenues can be volatile in any given year, the
combined business is expected to grow modestly on an organic basis
over the next several years.

CommScope's liquidity will likely weaken as a result of the
acquisition and the existing SGL-1 rating could be downgraded.
Currently, CommScope has a very good liquidity profile, supported
by $546 million of cash and short term investments and an undrawn
$506 million revolver as of June 30, 2018.
The following ratings were affected:

On Review for Downgrade:

Issuer: CommScope Holding Company, Inc.

  Probability of Default Rating, Placed on Review for Downgrade,
currently Ba2-PD

  Corporate Family Rating, Placed on Review for Downgrade,
currently Ba2

Issuer: CommScope Technologies LLC

  Senior Unsecured Regular Bond/Debenture, Placed on Review for
Downgrade, currently Ba3 (LGD4)

Issuer: Commscope, Inc.

  Senior Secured Bank Credit Facility, Placed on Review for
Downgrade, currently Baa3 (LGD2)

  Senior Unsecured Regular Bond/Debenture, Placed on Review for
Downgrade, currently Ba3 (LGD4)

Outlook Actions:

Issuer: CommScope Holding Company, Inc.

  Outlook, Changed To Rating Under Review From Stable

CommScope Holding Company Inc. is the holding company for CommScope
Inc., a leading global supplier of connectivity and infrastructure
solutions targeted towards the wireless industry, telecom service
and cable service providers as well as the enterprise market.
CommScope's proposed acquisition of ARRIS will add one of the
largest providers of equipment to the cable television and
broadband industries. Pro forma revenues were approximately $11.2
billion in FY 2017.

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


COMMSCOPE HOLDING: S&P Affirms BB- ICR & Alters Outlook to Negative
-------------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' issuer credit rating on
Hickory, N.C.-based CommScope Holding Co. Inc. but revised the
outlook to negative from stable.

S&P said, "At the same time, we placed our 'BB+' issue-level rating
on the company's secured term loan and our 'BB-' issue-level
ratings on its unsecured notes on CreditWatch with negative
implications.

"The outlook revision reflects our view that the company will
operate near the limit of the 'BB-' rating with pro forma S&P
Global Ratings-adjusted leverage in the low-6x area, not including
the $150 million expected cost savings. We treat the new $1 billion
convertible preferred equity as debt since we believe that there
could be an incentive for CommScope to eventually negotiate a
redemption with proceeds from a new debt issuance. We expect
leverage to fall to the mid-5x area in 2019 and to the high-4x area
in 2020. Despite higher leverage than similarly rated peers, we
view the company's commitment to use cash flow for debt repayment
rather than share repurchases as credible, given its track record
following the Broadband Network Solutions (BNS) acquisition in
2015. We think the company could realize more than the $150 million
projected cost savings due to its good track record of cost
management and the modest amount relative to the total cost base."

The negative outlook reflects higher leverage than similarly rated
peers and the risk that a macroeconomic downturn could preclude the
company from reducing leverage below 5x in 2020 as we expect.

S&P said, "We could lower the rating if leverage remains above 5x
on a sustained basis, which would likely be due to a weakening
macroeconomic environment in which the company's large
telecommunications customers push out investment spending and force
price concessions.

"We could revise the outlook to stable within 12 months if the
company reduces leverage to the low-5x area with prospects to go
below 5x in 2020. For this to occur, customer demand would likely
need to remain stable, and the company would need to capture its
expected cost reductions and use nearly all of its excess cash to
repay debt. We think this is possible given the company's track
record of cost management and debt repayment following the BNS
acquisition."


CONSTANT VELOCITY: Seeks to Hire WSB as Accountant
--------------------------------------------------
Constant Velocity Transmission Lines, Inc., seeks authority from
the U.S. Bankruptcy Court for the Eastern District of California to
employ WSB Accounting, as accountant to the Debtor.

Constant Velocity requires WSB Accounting to provide accounting
services necessary during the Chapter 11 bankruptcy case.

WSB Accounting will be paid at the hourly rate of $55.

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

William Bowns, partner of WSB Accounting, 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.

WSB Accounting can be reached at:

     William Bowns
     WSB ACCOUNTING
     1100 Melody Lane, Suite 202
     Roseville, CA 95678
     Tel: (916) 384-6262

        About Constant Velocity Transmission Lines, Inc.

Constant Velocity Transmission Lines, Inc. --
https://www.mitcables.com/ -- is a privately held company engaged
in the manufacturing of audio and video equipment. Its patented
Multipole Technology offers better bass, better mid-range, and
smoother highs painted on a "blacker background". Its patented
Filterpole Technology provides power conditioning solutions to
address "powerline noise" improving audio and video experience.

Constant Velocity Transmission Lines, Inc., based in Rocklin, CA,
filed a Chapter 11 petition (Bankr. E.D. Cal. Case No. 18-25576) on
Sept. 1, 2018. The Hon. Christopher D. Jaime presides over the
case. Gabriel Liberman, Esq., at the Law Offices of Gabriel
Liberman, APC, serves as bankruptcy counsel.  In the petition
signed by Bruce Brisson, president, the Debtor disclosed $742,564
in assets and $1,578,452 in liabilities.



CSC DEVELOPERS: Dec. 11 Disclosure Statement Hearing
----------------------------------------------------
The hearing to consider approval of the Disclosure Statement
explaining CSC Developers, LLC's Chapter 11 plan of reorganization
will be held at the Donald Stuart Russell Federal Courthouse, 201
Magnolia Street, Spartanburg, South Carolina on December 11, 2018,
at 10:30 AM.

December 4, 2018 is fixed as the last day for filing and serving in
accordance with Fed. R. Bankr. P. 3017(a) written objections to the
Disclosure Statement.

Headquartered in Greer, South Carolina, CSC Developers, LLC, filed
for Chapter 11 bankruptcy protection (Bankr. D.S.C. Case No.
18-02053) on April 23, 2018, estimating its assets at up to
$50,000 and its liabilities at between $500,001 and $1 million.
Robert H. Cooper, Esq., at The Cooper Law Firm serves as the
Debtor's bankruptcy counsel.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case of CSC Developers, LLC, as of May 22, 2018,
according to the court docket.


D.S.C. LTD.: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: D.S.C. Ltd.
           aka Baywinds Athletic Club
        5507 Milan Road
        Sandusky, OH 44870-5858

Business Description: D.S.C. Ltd. operates in the athletic club
                      and gymnasiums industry.  The Company is
                      headquartered in Sandusky, Ohio and was
                      established in 1992.

Chapter 11 Petition Date: November 8, 2018

Court: United States Bankruptcy Court
       Northern District of Ohio (Toledo)

Case No.: 18-33514

Judge: Hon. John P. Gustafson

Debtor's Counsel: Donald Ray Harris, Esq.
                  DONALD HARRIS LAW FIRM
                  158 Columbus Ave
                  Sandusky, OH 44870-2502
                  Tel: (419)621-9388
                  Fax: (419)239-2315
                  E-mail: don@donaldharrislawfirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $100,000 to $500,000

The petition was signed by Carl Heuckroth, member/CEO.

The Debtor failed to submit a list of its 20 largest unsecured
creditors at the time of the filing.

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

          http://bankrupt.com/misc/ohnb18-33514.pdf


DANA INC: Moody's Affirms Ba3 CFR & Cuts Unsec. Notes Rating to B2
------------------------------------------------------------------
Moody's Investors Service affirmed the Corporate Family and
Probability of Default Ratings of Dana Incorporated. In a related
action, Moody's downgraded the existing senior unsecured notes to
B2 from B1, and assigned a Baa3 rating Dana's senior secured bank
credit facilities. The Speculative Grade Liquidity Rating is
affirmed at SGL-1. The rating outlook is stable.

The new $375 million senior secured term loan B and incremental
$225 million term loan A will be used to fund Dana's previously
announced agreement to acquire the Drive Systems business of the
Oerlikon Group . Oerlikon Drive Systems is global manufacturer of
high-precision gears; planetary hub drives for wheeled and tracked
vehicles; and products, controls, software that support vehicle
electrification across the mobility industry. It had revenues of
approximately $730 million in 2017. Dana will acquire Oerlikon
Drive Systems for approximately $600 million, representing about 6x
EBITDA before synergies. Subject to customary regulatory approvals,
the acquisition is expected to close in the first quarter of 2019.


The following ratings were affirmed:

Dana Incorporated:

  Corporate Family Rating, at Ba3

  Probability of Default Rating, at Ba3-PD

  Speculative Grade Liquidity Rating, at SGL-1

The following ratings were assigned:

Dana Incorporated:

  $750 million senior secured revolving credit facility due 2022,
Baa3 (LGD2)

  $495 million (remaining amount) senior secured Term Loan A due
2022, Baa3 (LGD2)

  $375 million senior secured Term Loan B due 2026, Baa3 (LGD2)

The following ratings were downgraded:

Dana Incorporated:

  $300 million 6.0% senior unsecured notes due 2023, to B2 (LGD5)
from B1( LGD5)

  $425 million 5.5% senior unsecured notes due 2024, to B2 (LGD5)
from B1( LGD5)

Dana Financing Luxembourg Sarl:

  $400 million 5.75% senior unsecured notes due 2025, to B2 (LGD5)
from B1( LGD5)

  $375 million 6.5% senior unsecured notes due 2026, to B2 (LGD5)
from B1( LGD5)

Outlook Actions:

Issuer: Dana Financing Luxembourg Sarl

  Outlook, Remains Stable

Issuer: Dana Incorporated

  Outlook, Remains Stable

RATINGS RATIONALE

The affirmation of Dana's Ba3 CFR incorporates the company's strong
position as a manufacturer of driveline products to the automotive
industry, end market and regional diversity, and moderate customer
concentrations. Dana has successfully integrated its 2017 Brevini
acquisition and Moody's has stated that the company's recent
acquisitions and attempted acquisitions have been strategic
positive events. These actions support further diversification of
Dana's end markets, and product offerings, including Dana's vehicle
electrification products. These considerations are balanced with
the expectation of a moderate Debt/EBITDA of 3.2x (inclusive of
Moody's standard adjustments and before anticipated synergies) for
the LTM period ending September 30, 2018 pro forma for acquisition
of Oerlikon Drive Systems. This pro forma leverage should moderate
in the coming quarters as Dana benefits from improving commercial
vehicle sales in North America and improving off-highway sales.
This performance should mitigate plateauing global automotive
demand including expected weakening 2nd half 2018 automotive demand
in Asia. The Ba3 rating incorporates Dana's acquisitive posture
over the recent years, including the attempted acquisition of
Driveline division of GKN plc, which could have doubled the
company's scale and significantly increased Debt/EBITDA.

The downgrade of Dana's senior unsecured notes reflects the
increased proportion of senior secured debt in the company's
capital structure.

Dana's SGL-1 Speculative Grade Liquidity Rating incorporates its
expectation of a very good liquidity profile following the
acquisition of Oerlikon supported by substantial cash balances,
positive free cash flow generation, and the $750 million cash flow
revolving credit facility due June 2022. Dana's cash balances and
marketable securities were about $358 million as of Sepember 30,
2018 and should improve by year-end 2018 with seasonal trends.
Moody's estimates Dana's free cash flow generation to improve to
the $250 million range over the next 12-15 months inclusive of the
Oerlikon acquisition. The revolving credit facility is estimated to
be unfunded at closing and remain largely available over the next
12-15 months. The revolver contains a minimum first lien leverage
ratio test, under which Moody's anticipates adequate cushion over
the near-term.

Dana stable rating outlook balances the company's improving
operating performance with the company's acquisitive posture.

Factors that could lead to higher ratings for Dana include
sustained revenue growth leading to improved operating performance,
generating EBITA/interest coverage consistently over 3.5x,
debt/EBITDA of 3.0x or lower, and consistent positive free cash
flow generation, while maintaining a very good liquidity profile.
Other factors supporting an upgrade would be cost structure
improvements, better positioning the company to contend with the
cyclicality in its industry, and continued discipline in return of
capital to shareholders.

Future events that have potential to drive Dana's outlook or
ratings lower include the failure to maintain win rates on new
contracts, production volume declines at the company's OEM
customers, or material increases in raw materials costs that cannot
be passed on to customers or mitigated by restructuring efforts
resulting in EBITA/interest coverage approaching 2.0x, or
debt/EBITDA over 4.0x. Other developments that could lead to a
lower outlook or ratings include deteriorating liquidity or
aggressive shareholder return policies resulting in increased
leverage.

The principal methodology used in these ratings was Global
Automotive Supplier Industry published in June 2016.

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 LTM period ending September
30, 2018 was approximately $8.0 billion.


DAVID AINSWORTH: $392K Sale of Property to Arguindegui Okayed
-------------------------------------------------------------
Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas authorized David W. Ainsworth, Sr.'s sale of the
real property located at 3325 Barber Road, Robstown, Texas to
Arguindegui Real Estate, Ltd., for $391,825.

The sale is free and clear of all liens, claims, encumbrances and
interests.

After payment of closing costs and ad valorem taxes, proceeds of
the sale will be paid to Prosperity Bank pursuant to the March 21,
2018, Order Authorizing Post Petition Liens on Estate Property to
Secure Related Non Debtor's Refinancing and Extension of Line of
Credit with Prosperity Bank, which proceeds will be applied to
Debtor’s personal guaranty of his Trucking Company's working
capital line of credit and other corporate obligations.

Notwithstanding anything to the contrary contained in the Sale
Motion or the related Sale Contract, the Buyer will take the
Property subject to ad valorem tax liens which secured payment of
the 2018 ad valorem taxes assessed or to be assessed against the
Property, and these liens will remain until the 2018 taxes are paid
in full.

Pursuant to Rule 6004(h) of the Federal Rules of Bankruptcy
Procedure, the Order will be effective immediately upon entry and
the 14-day stays under such rule is waived.

David W. Ainsworth, Sr. sought Chapter 11 protection (Bankr. S.D.
Tex. Case No. 17-20418) on Oct. 2, 2017.  The Debtor tapped
Nathaniel Peter Holzer, Esq., at Jordan Hyden Womble Culbreth &
Holzer PC, as counsel.


DEALER TIRE: Moody's Assigns B2 CFR, Outlook Stable
---------------------------------------------------
Moody's Investors Service assigned new ratings for Dealer Tire, LLC
(New), including a B2 Corporate Family Rating and a B2-PD
Probability of Default Rating. Concurrently, Moody's assigned B2
ratings to the company's proposed senior secured first-lien credit
facilities, including a $150 million revolver and a $975 million
term loan. All existing ratings for the pre-LBO entity will be
withdrawn upon closing of the proposed transaction and concurrent
repayment of the underlying debt obligations. The rating outlook is
stable.

"Dealer Tire is levering its balance sheet at a time when the tire
replacement industry is undergoing systemic change and experiencing
heightened competitive pressure," said Moody's analyst, Inna
Bodeck.

"Dealer Tire will be challenged to maintain current profitability
levels, and our expectation of a more aggressive stance with
respect to acquisition activity under new financial sponsor
ownership will likely keep financial risk in a more elevated state
than historically."

While Moody's effectively downgraded its ratings for the company --
previously rated B1 by the rating agency -- it did acknowledge
Dealer Tire's prospective ability to win business with other OEMs
and more broadly across regions, which would allow the company to
gain scale.

The following ratings have been assigned for Dealer Tire, LLC
(New):

Corporate Family Rating, assigned B2

Probability of Default, assigned B2-PD

$150 million Senior Secured First Lien Revolving Credit Facility,
assigned B2 (LGD3)

$975 million Senior Secured First Lien Term Loan, assigned B2
(LGD3)

Outlook, assigned Stable

The following ratings for Dealer Tire, LLC are unchanged and will
be withdrawn upon closing of the proposed transaction and
concurrent repayment in full of the existing bank debt and
termination of credit facilities:

Corporate Family Rating, at B1

Probability of Default, at B2-PD

$150 million Senior Secured Revolving Credit Facility due 2021, at
B1 (LGD3)

$688 million Senior Secured Term Loan due 2021, at B1 (LGD3)

Outlook, at Stable

RATINGS RATIONALE

Dealer Tire's ratings (B2 Corporate Family Rating, Stable outlook)
broadly reflect the company's good competitive position within the
dealer channel of the replacement tire market, balanced by
persistent pressure within the tire replacement industry, customer
concentration and high leverage. Dealer Tire's top three customers
and suppliers represent more than half of the company's total
revenues and purchases, respectively. This creates heightened
vulnerability to customer and/or supplier losses, shifts in client
purchasing strategies, and pricing pressure.

Even so, Dealer Tire is a leader in the growing dealership channel
of the replacement tire market and has developed a differentiated
business model, according to the rating agency. Moody's projects
that the company will generate approximately $20 million of free
cash flow over the next twelve months. Moody's also anticipates
that Dealer Tire's adjusted debt-to-EBITDA (6.2x for the LTM period
ended 6/30/2018, pro-forma for the buyout by Bain Capital) will
stay elevated over the coming year, as the company makes the final
payment to former Simple Tire owners with proceeds from an
anticipated draw under its revolving credit facility, and
particularly as profitability remains pressured with increased
competition in the marketplace.

The stable ratings outlook reflects Moody's expectation that Dealer
Tire will maintain relatively consistent revenue and earnings
growth, but that leverage will remain range-bound at elevated
levels, with modest improvement not anticipated until after 2019.
The outlook is also supported by the agency's projection of
positive free cash flow and maintenance of at least an adequate
liquidity profile. Moody's assumes a successful integration of the
recently acquired Simple Tire business.

Higher ratings could be supported by application of free cash flow
towards permanent debt repayment, while a good liquidity profile is
maintained. Ratings could also improve if the company's growth and
profit levels continue to support EBITDA-to-interest expense
approaching 3x and debt-to-EBITDA sustained below 5.0x.
Consideration of a prospective ratings upgrade would also likely
entail an expectation that the company would employ more
conservative financial policies, in general.

Ratings could be downgraded if Dealer Tire loses market share
within the dealership channel of the replacement tire market
following the loss of a key customer, or if it is unable to
successfully integrate acquisitions as planned and profitability
weakens. Lower ratings could also be prompted if profitability
weakens, debt-to-EBITDA is maintained above 6.0 times, or
EBIT-to-interest expense is maintained below 2.0 times. A
deterioration in liquidity and/or more aggressive financial
policies could also pressure ratings.

The principal methodology used in these ratings was Distribution &
Supply Chain Services Industry published in June 2018.

Dealer Tire, LLC, headquartered in Cleveland, Ohio, is primarily
engaged in the business of distributing replacement tires through
alliance relationships with automobile OEMs and their dealership
networks in the US. The company also provides warranty processing,
billing services, logistics services, marketing programs and
training for its customers. Dealer Tire operates out of 41
distribution points throughout the United States. Upon transaction
closing, the company will be partially owned by private equity firm
Bain Capital. Dealer Tire recently acquired two companies,
including on-line replacement tire seller Simple Tire LLC and
automotive aftermarket warranty provider Sonsio, LLC. Pro-forma for
these two acquisitions, revenue for the twelve-month period ended
June 2018 would have been approximately $1.7 billion.


DEALER TIRE: S&P Alters Outlook to Negative & Affirms 'B' CCR
-------------------------------------------------------------
S&P Global Ratings affirmed its 'B' corporate credit rating on
Cleveland, Ohio-based aftermarket tire distributor Dealer Tire LLC,
and revised the outlook to negative from stable.

S&P said, "At the same time, we assigned our 'B' issue-level rating
and '3' recovery rating to the company's proposed $150 million cash
flow revolver and $975 million first-lien term loan. The '3'
recovery rating indicates our expectation that debtholders would
realize meaningful (50%-70%; rounded estimate: 50%) recovery in the
event of a payment default.

The outlook revision to negative reflects the increased probability
that Dealer Tire's credit metrics will be weaker than our
expectations over the next 12 months. The new debt issuance in
conjunction with its acquisition by Bain Capital increases leverage
above 6x. While S&P expects Dealer Tire to reduce this leverage
over the next couple of years, there is a risk that higher costs
from growing and integrating new businesses such as Simple Tire,
tire distribution in China, as well as supplying new dealership
customers like Southeast Toyota, keep leverage ratios at more
stressed levels. The reduction of leverage is also dependent upon
successfully raising tire prices to cover increases in raw material
costs.  

S&P said, "The negative outlook reflects our view that there is an
increased risk that operational issues and costs involved with
growing and integrating Simple Tire, China operations, and new
dealerships cause margins to fall below expectations for the
rating, which could cause debt-to-EBITDA to remain above 6x.

"We could lower the ratings in the next year if the company's
debt-to-EBITDA stays above 6x or if it generates FOCF to debt below
3% on a sustained basis. This could happen if EBITDA declines more
than expected in the next year, due to a loss of customers,
increased competition, or operational difficulties. It could also
be caused by a debt-financed acquisition.  

"We could revise the outlook to stable if debt-to-EBITDA drops
closer to mid-5x range. The company must also continue to
successfully operate its new businesses, maintain its share in the
dealer distribution market, and maintain margins of at least 9%."


DILLE FAMILY: Plan Payments to Start June 2019
----------------------------------------------
Dille Family Trust submits a disclosure statement to accompany its
chapter 11 plan dated November 1, 2018.

The Debtor's general unsecured non-tax claims amount to a total of
$805,963.09. The periodic payments to each Class of unsecured
creditors will begin on June 1, 2019 if funds become available from
the revenue stream due to the Estate on account of its interest in
BR25C, LLC and from net proceeds of recovery actions.

BR25C, LLC will receive sufficient revenue from licensing of
intellectual property within 12 months to pay everyone in full.

Apart form the licensing of intellectual property, other source of
funds for planned payments, including funds necessary for capital
replacement, repairs, or improvements may be taken from IMGlobal
contract or through a public auction of all of the Debtor's
assets.

Under the Plan, Class 1 Administrative creditors will be paid in
full on the Effective Date or the ordinary course of business, or
as otherwise agreed by the parties. After payment in full of Class
1, Class 2 General Unsecured Creditors will be paid from BR25C, LLC
on a pro rata basis, until their claims are paid in full. Lastly,
Class 3, consisting of the beneficiary interests held by the
beneficiaries of the Debtor, shall be canceled, annulled,  and
voided on the Effective Date, and holders thereof shall be entitled
to no distribution whatsoever under this Plan or in the Bankruptcy
Case on account of such Beneficiary Interests.

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

      http://bankrupt.com/misc/pawb18-24771-383.pdf

The Debtor is represented by:

     Daniel I. Herman, Esq.
     GEER AND HERMAN, P.C.
     2100 Wilmington Road
     New Castle, PA 16105
     Tel: (724) 652-0511
     Email: Daniel@geerandherman.com

              About Dille Family Trust

Dille Family Trust, which is involved in the licensing of
intellectual property associated with the fictional character "Buck
Rogers," filed a Chapter 11 petition (Bankr. W.D. Pa. Case No.
16-24771) on Nov. 28, 2017, and is represented by Donald R.
Calaiaro, Esq., at Calairao Valencik.



DIVERSE LABEL: Combicut Buying Knife & Related Equipment for $385K
------------------------------------------------------------------
Diverse Label Printing, LLC, asks the U.S. Bankruptcy Court for the
Middle District of North Carolina to authorize the sale of a knife
sharpening equipment to Combicut, Inc., for $385,000.

The Equipment is comprised of (i) eight E50 Knecht Hand Knife
Sharpeners at $45,625 each; (ii) four USK 160S Knecht Manual
Sharpeners at $1,500 each; and (iii) one A950 Sharpener at
$14,000.

On July 9, 2017, the Debtor entered into a CML Master Equipment
Lease Agreement Number 6795-FML1 with Bank Capital Services LLC,
doing business as F.N.B. Equipment Finance ("BCS"), a subsidiary of
First National Bank.

On Oct. 30, 2017, the parties executed CML Lease Schedule FML3
pursuant to which BCS leased to the Debtor two Knecht E50 Automatic
Hand Knife Sharpening Machines supplied by Knecht North America,
Inc.  Lease Schedule FML3 provided for a lease term of 84 months
and granted to the Debtor an option to purchase the equipment for
$1.  BCS filed UCC-1 Financing Statements with the N.C. Secretary
of State, and the Debtor does not dispute the extent or validity of
the BCS lien upon these assets.

On Oct. 30, 2017, the parties executed CML Lease Schedule FML4
pursuant to which BCS leased to the Debtor two Knecht E50 Automatic
Hand Knife Sharpening Machines supplied by Knecht North America,
Inc.  Lease Schedule FML4 provided for a lease term of 84 months
and granted to the Debtor an option to purchase the equipment for
$1.  BCS filed UCC-1 Financing Statements with the N.C. Secretary
of State, and the Debtor does not dispute the extent or validity of
the BCS lien upon these assets.

On Oct. 30, 2017, the parties executed CML Lease Schedule FML5
pursuant to which BCS leased to the Debtor four Knecht E50
Automatic Hand Knife Sharpening Machines supplied by WDS, Inc.,
doing business as Womens Distribution Services.  Lease Schedule
FML5 provided for a lease term of 84 months and granted to the
Debtor an option to purchase the equipment for $1.  BCS failed to
file UCC-1 Financing Statements with the N.C. Secretary of State
with respect to this equipment, and the Debtor disputes the
validity of the lien of BCS upon these assets.

The Debtor also owns other knife sharpening equipment which is
subject to liens or security interests in favor of First National
Bank of Pennsylvania ("FNB"), as more particularly described in the
motion and interim orders authorizing the use of cash collateral,
consisting of four USK 160S Knecht Manual Sharpeners and one A950
Sharpener, and the Debtor does not dispute the extent or validity
of the FNB lien upon these assets.

The Debtor has received an offer from the Purchaser to purchase the
Equipment for a total of $385,000, free and clear of liens or
security interests.

BCS is the only creditor holding a lien or security interest upon
the four E50 Knecht Hand Knife Sharpeners supplied by Knecht North
America, Inc.  Upon information and belief, BCS consents to the
sale of these machines, provided that all net proceeds derived
therefrom are paid to BCS at or promptly after the closing.

BCS was granted a security interest in the four E50 Knecht Hand
Knife Sharpeners supplied by WDS, Inc., but the security interest
was not properly perfected and is the subject of bona fide
dispute.

The four USK 160S Knecht Manual Sharpeners and one A950 Sharpener
are subject to the lien or security interest held by FNB.  Upon
information and belief, FNB consents to the sale of these machines,
provided that all net proceeds derived therefrom are paid to FNB at
or promptly after the closing.

BCS has filed a proof of claim which asserts a security interest
only in the four machines supplied by Knecht North America, Inc.
and does not assert a security interest in the four machines
supplied by WDS, Inc.

The Debtor asks the Court for the following relief: (i) authorize
the sale of the equipment as set forth, free and clear of liens and
interests; (ii) transfer the lien or security interest asserted by
BCS and FNB, respectively, to the proceeds of sale, subject to
further Orders of the Court; (iii) authorize the distribution to
BCS of the net sale proceeds derived from the four machines
supplied by Knecht North America, Inc.; (iv) authorize the
distribution to FNB of the net sale proceeds derived from the four
USK 160S Knecht Manual Sharpeners and the one A950 Sharpener; and
(v) require that the sale proceeds derived from the four machines
supplied by WDS, Inc., be held by the Debtor pending further orders
of the Court.

                 About Diverse Label Printing

Diverse Label Printing, LLC, a company in Burlington, North
Carolina, specializes in producing labels for food, food
processing, supermarket, consumer goods, and other uses.  Diverse
Label sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. M.D.N.C. Case No. 18-10792) on July 23, 2018.  In the
petition signed by CEO Ed Bidanset, the Debtor disclosed
$15,750,989 in assets and $10,499,186 in liabilities.  Judge
Catharine R. Aron presides over the case.  The Debtor tapped hire
Northen Blue, LLP, as its legal counsel.  An Official Committee of
Unsecured Creditors has been appointed in the case.



DIVERSE LABEL: Excelsior Buying Forklift & Equipment for $8K
------------------------------------------------------------
Diverse Label Printing, LLC, asks the U.S. Bankruptcy Court for the
Middle District of North Carolina to authorize the sale of pallet
racking, forklift, hydraulic pallet jack, pallet floor scale and
miscellaneous office furniture and equipment located at premises
formerly leased by the Debtor at 2851 S. East Ave., Unit 7, Fresno,
California to Excelsior Integrated, Inc. for $7,500.

The Debtor is vacating the premises and desires to liquidate the
Sale Assets, which have a value of approximately $7,500, and would
be costly to remove and liquidate from another location.

The Sale Assets are subject to liens or security interests in favor
of First National Bank of Pennsylvania ("FNB"), as more
particularly described in the motion and interim orders authorizing
the use of cash collateral.  The Debtor does not dispute the
validity of the FNB liens on the Sale Assets.

The Debtor has received an offer from the Purchaser to purchase the
Sale Assets for a total of $7,500, free and clear of liens or
security interests.  The Purchaser has no connection to the Debtor.
There will be no commission or other costs of sale that would be
incurred in connection with the sale other than sales tax (if any)
and routine costs associated with the transfer of title.

The Sale Assets are subject to the lien or security interest held
by FNB.  Upon information and belief, FNB consents to the sale of
the Sale Assets, provided that all net proceeds derived therefrom
are paid to FNB at or promptly after the closing.  

The Debtor asks the Court for the following relief: (i) authorize
the sale of the equipment as set forth above, free and clear of
liens and interests; (ii) transfer the lien or security interest
asserted by FNB to the proceeds of sale; and (iii) authorize the
distribution to FNB of the net sale proceeds derived from the Sale
Assets.

                  About Diverse Label Printing

Diverse Label Printing, LLC, a company in Burlington, North
Carolina, specializes in producing labels for food, food
processing, supermarket, consumer goods, and other uses.  Diverse
Label sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. M.D.N.C. Case No. 18-10792) on July 23, 2018.  In the
petition signed by CEO Ed Bidanset, the Debtor disclosed
$15,750,989 in assets and $10,499,186 in liabilities.  

Judge Catharine R. Aron presides over the case.  

The Debtor tapped Northen Blue, LLP, as its legal counsel.

An Official Committee of Unsecured Creditors has been appointed in
the case.  Shumaker Loop & Kendrick, led by David H. Conaway,
serves as counsel to the Debtor.



DOUGLAS L. JOHNSON: Proposed $146K Sale of Property Partly Approved
-------------------------------------------------------------------
Judge Shon Hastings of the U.S. Bankruptcy Court for the District
of North Dakota authorized in part Douglas L. Johnson's sale to
Larry Grindy of the following assets: (i) Burke County minerals for
$9,360; (ii) cross country side dump and heavy equipment trailer
for $90,000; (iii) two heavy haul 53' step trailers for $50,000.

The sale is free and clear of liens.

The Court held a hearing on Oct. 25, 2018.

The Debtor's request to sell the Mandan home free and clear of
liens will be held in abeyance until Nov. 6, 2018, to allow the
parties time to resolve their dispute.  The Court will revisit the
request at a hearing scheduled on Nov. 6, 2018, unless the parties
resolve their dispute and submit a proposed order before the date.

Douglas L. Johnson Sought Chapter 11 protection (Bankr. D.N.D. Case
No. 16-30199) on April 26, 2016.  The Debtor tapped David J Smith,
Esq., at Smith Barke Porsborg Schweigert & Armstr, as counsel.


E. MENDOZA & CO: Dec. 11 Disclosure Statement Hearing Set
---------------------------------------------------------
The Bankruptcy Court will convene a hearing to approve the
disclosure statement explaining E. Mendoza & Co. Inc.'s Chapter 11
Plan on December 11, 2018 at 10:00 a.m.

The Debtor intend to make these payments to its creditors through
the Plan:

   1. Payment of all administrative expenses on the later of the
Effective Date, the date the Administrative Claims become allowed,
or as agreed to with the holder of each Administrative Claim. At
least 50% of the payment of these expenses will come from the sale
of three vehicles (two Mercedes Benz and a Corvette).

   2. Payment of 100% of Secured portion of Creditor Condado 2 LLC,
that is for approximately $655,000.00 through at least 16 payments
of $4,093.75 in interest until the sale of two real estate
properties (during 16 months)that will yield the secured amount.
The unsecured portion of 2,934,550.03 will receive 56.70% of the
amount allocated for the general unsecured claims.

   3. Payment of 100% of Secured Creditor Banco Popular de Puerto
Rico in relation to the property at Boneville Terrace Caguas for
$155,203.45, with the sale of the property within 16 months.

   4. Payment of 100% of Secured Creditor CRIM's claim, $8,740.53,
through monthly payments of $161.96 during 5 years, that includes
annual interest of 4.25%.

   5. Payment of 100% of the expected allowed amount of priority
claims, such as CRIM, Personal Property, Internal Revenue Service,
Municipality of San Juan (Patente), PR Department of Treasury, PR
State Insurance Fund, for a total expected allowed amount of
$95,595.00. Debtors will pay a monthly payment of 1,560.43,854.,
during the five years of the plan, commencing on the Effective
Date. This treatment applies only to those claims recognized by the
debtor and/or those paid in full on the effective date, and/or
those settled with claimants.

   6. General unsecured creditors will receive one lump sum
payment, distributed in pro-rata basis from the amount allowed by
plan. The lump sum payment is of $5,000.00. The expected allowed
amount by plan of these claims approximately for $5,175,442.00.
This amount represents .10% of the total unsecured claims

   7. All holders of the Debtor's equity interests will keep their
interests.

The Plan is to be funded with the available funds originating from
the Debtor's operations.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y94uugoa from PacerMonitor.com at no charge.

                About E. Mendoza & Co., Inc.

E. Mendoza & Co. Inc., based in San Juan, Puerto Rico, filed a
Chapter 11 petition (Bankr. D.P.R. Case No. 16-06661) on Aug. 22,
2016.  The petition was signed by Marta Fernandez Torres, its
secretary.  The Debtor estimated $0 to $50,000 in assets and $1
million to $10 million in liabilities at the time of the filing.
The Debtor is represented by Nelson Robles Diaz, Esq., at the
Nelson Robles Diaz Law Offices, PSC.



EDWARD ASSOCIATES: Hires Caldwell & Riffee as Counsel
-----------------------------------------------------
Edward Associates, LLC, seeks authority from the U.S. Bankruptcy
Court for the Southern District of West Virginia to employ Caldwell
& Riffee, as counsel to the Debtor.

Edward Associates requires Caldwell & Riffee to:

   a. prepare the petition, schedules and statement of
      financial affairs;

   b. file all necessary applications, motions and other
      pleadings regarding matters to be submitted to the Court;

   c. advise management of the Debtor regarding the rights, power
      and duties of the Debtor;

   d. represent the Debtor regarding an "equity cushion" of the
      secured creditor.

Caldwell & Riffee will be paid at the hourly rate of $300.

Caldwell & Riffee will be paid a retainer in the amount of $5,000.

Caldwell & Riffee will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Joseph W. Caldwell, partner of Caldwell & Riffee, 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.

Caldwell & Riffee can be reached at:

     Joseph W. Caldwell, Esq.
     CALDWELL & RIFFEE
     3818 MacCorkle Avenue, SE
     Charleston, WV 25364
     Tel: (304) 925-2100
     Fax: (304) 925-2193
     E-mail: jcaldwell@caldwellandriffee.com

              About Edward Associates, LLC

Edward Associates, LLC, based in Charleston, WV, filed a Chapter 11
petition (Bankr. S.D. W.Va. Case No. 18-20528) on October 29, 2018.
Joseph W. Caldwell, Esq. at Caldwell & Riffee, serves as bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Charles E.
Boll, II, manager.



EEI ACQUISITION: Unsecured Creditors' Recovery Unknown Under Plan
-----------------------------------------------------------------
Debtor Old Pole, Inc., f/k/a EEI Acquisition Corp., together with
Debtor P&G Capital, LLC, filed a joint plan of reorganization and
accompanying disclosure statement.

The estimated recovery to unsecured creditors is not ascertainable
yet because it depends on significant variables. The plan provides
that all money left in the accounts of both Debtors after payment
of administrative expenses will be devoted to payments to unsecured
debtors.

The treatment of other classes of claim specifically secured claim
of Fora Financial Business Loans, LLC, is the result of a
settlement of a disputed claim.  Fora's claim is based on a
pre-petition loan agreement under which Fora loaned $450,000 to EEI
and received a security interest in all of the personal property
owned by EEI as collateral for the loan. The Fora Settlement
provides that Fora will receive a total payment of $100,000 in two
installments provided that the Plan is confirmed prior to February
28, 2019, which will free up approximately $150,000 for
distribution to Unsecured Creditors whose claims are included in
Class IV. The settlement of the Fora claim provides that Fora will
also receive an allowed unsecured claim of $145,000 in the
Bankruptcy Case, but that the unsecured claim will be cancelled,
settled, and released provided that the Plan is confirmed by
February 28, 2019, which will ensure that the claims of Unsecured
Creditors are not diluted by the additional unsecured claim
becoming part of the claims pool.

The treatment of the secured claim of National Funding, Inc., is
set forth in the disjunctive. If National Funding and the Debtor
are able to settle the disputed secured claim of National Funding
along the same lines as the settlement reached with Fora, National
Funding will receive, in full and final satisfaction of its claims
against EEI and the guarantors, a Cash Payment in the amount of
$60,000 on the Effective Date, and an additional Cash Payment of
$5,000 within 30 days after the Effective Date, without interest.

The Plan provides for the payment of secured claims, priority
claims such as taxes, fees due to the Office of the U.S. Trustee,
salaries and legal fees and distributes all of the remaining money
on a pro-rata basis to Unsecured Creditors.

A full-text copy of the Disclosure Statement dated October 31, 2018
available at:

           http://bankrupt.com/misc/ohnb18-1813963aih-117.pdf

Counsel for the Debtors:

     Thomas W. Coffey, Esq.
     Coffey Law LLC
     2430 Tremont Avenue
     Cleveland, OH 44113
     Tel: (216) 870-8866
     Email: tcoffey@tcoffeylaw.com

                     About EEI Acquisition Corp.
                     d/b/a Engineered Endeavors

EEI Acquisition Corp., d/b/a Engineered Endeavors --
http://www.engend.com/-- designs and manufacturers tapered steel  
pole structures for utility, transmission, substation, wireless
and
disguised applications.

EEI Acquisition Corp., d/b/a Engineered Endeavors, filed a Chapter
11 petition (Bankr. N.D. Ohio Case No. 18-13963) on July 3, 2018.
In the petition was signed by Patrick H. Deloney, president, the
Debtor disclosed total assets of $2.71 million and total
liabilities of $8.88 million.  The case is assigned to Judge
Arthur
I. Harris.  Thomas W. Coffey, Esq. of Coffey Law LLC, is the
Debtor's counsel.


EGALET CORPORATION: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------
The Office of the U.S. Trustee on Nov. 9 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Egalet Corporation.

                     About Egalet Corporation

Headquartered in Wayne, Pennsylvania, Egalet Corporation is a fully
integrated specialty pharmaceutical company focused on developing,
manufacturing and commercializing innovative treatments for pain
and other conditions.

Egalet Corporation and Egalet US Inc. sought bankruptcy protection
on Oct. 30, 2018 (Bankr. D. Del., Lead Case No. Case No. 18-12439).
The petition was signed by Robert Radie, president and chief
executive officer.  

The Debtors declared total assets of $99,980,000 and total debts of
$143,338,000.

The Debtors tapped Dechery LLP as general counsel; Young Conaway
Stargatt & Taylor, LLP, as local Delaware counsel; Berkeley
Research Group LLC as financial restructuring advisor; Piper
Jaffray & Co. as investment banker; and Kurtzman Carson Consultants
LLC as claims agent.


FLYNN RESTAURANT: Moody's Affirms B3 CFR, Outlook Stable
--------------------------------------------------------
Moody's Investors Service affirmed Flynn Restaurant Group LP's B3
Corporate Family Rating and B3-PD Probability of Default Rating.
Moody's also affirmed the B2 ratings on Flynn's $60 million senior
secured 1st lien revolver and upsized senior secured 1st lien term
loan, and affirmed the Caa2 rating to the company's upsized senior
secured 2nd lien term loan. The outlook is stable.

Proceeds from the proposed $205 million incremental 1st lien term
loan and $50 million incremental 2nd lien term loan, along with
$246 million of sale leaseback proceeds, $35 million of proceeds
from the sale of fee interests of other property, and $51 million
of cash from the balance sheet, will be used to acquired 368 Arby's
restaurants and their related assets from United States Beef
Corporation for $559 million, reimburse capital expenditures of $22
million, and pay approximately $6 million in related transaction
fees and expenses. The ratings are subject to the execution of the
proposed transaction and Moody's receipt and review of final
documentation.

"The affirmation of the B3 reflects the benefits of size and scale
for Flynn following the acquisition of the 368 Arby's units from US
Beef, with a third concept now part of the credit group (4th
overall for FRG), without increasing leverage from its current
level near 7 times," stated Adam McLaren, Moody AVP-Analyst. The
affirmation also considers the strength and awareness of the Taco
Bell and Panera Bread brands, Flynn's adequate liquidity and the
expectation that leverage will improve from levels following
closing.

Outlook Actions:

Issuer: Flynn Restaurant Group LP

Outlook, Remains Stable

Affirmations:

Issuer: Flynn Restaurant Group LP

Probability of Default Rating, Affirmed B3-PD

Corporate Family Rating, Affirmed B3

Senior Secured 1st Lien Revolving Credit Facility, Affirmed B2
(LGD3)

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

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

RATINGS RATIONALE

Flynn's credit profile (B3 CFR) reflects its high leverage level,
elevated capital expenditure requirements to fund remodel and
growth initiatives, and acquisitive nature of the company. The
rating is supported by the strength, scale, diversification, and
high level of awareness that the Taco Bell, Panera Bread and to be
acquired Arby's brands provide. The rating is further supported by
the company's adequate liquidity and expectation that leverage will
come down as development and acquired units reach run-rate margin
levels.

The stable outlook reflects Moody's view that debt protection
metrics will gradually improve as new locations continue to be
developed and existing units are remodeled. The stable outlook also
reflects that Flynn will continue to have adequate liquidity.

Factors that could result in an upgrade include debt to EBITDA
migrating towards 5.5 times and EBIT coverage of interest expense
over 1.5 times, on a sustained basis. An upgrade would also require
the successful integration of recent acquisitions and good
liquidity.

A downgrade could occur if credit metrics do not improve from
current levels by year end 2019, including if debt to EBITDA were
not maintained below 7 times. EBIT to Interest expense below 1.1x
or a deterioration in liquidity could also result in a downgrade.

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

Flynn Restaurant Group LP, headquartered in San Francisco,
California, owns and operates 282 Taco Bells, 135 Panera Breads,
368 to be acquired Arby's, and 460 Applebee's franchised
restaurants throughout the US. The Applebee's restaurants are
excluded from the credit group, which includes the Pan American
Group, Bell American Group, and to be acquired Arby's subsidiaries.
Flynn's pro-forma annual revenue is approximately $2.3 billion on a
consolidated basis, $1.1 billion for the credit group. Flynn is
owned by Ontario Teachers' Pension Plan, Flynn management, and Main
Post Partners.


FLYNN RESTAURANT: S&P Affirms 'B' ICR, Outlook Stable
-----------------------------------------------------
S&P Global Ratings affirmed its 'B' issuer credit rating on
California-based Applebee's, Taco Bell, and Panera Bread franchisee
Flynn Restaurant Group LP. The outlook is stable.

S&P said, "At the same time, we affirmed our 'B' issue-level rating
on the company's first-lien debt, consisting of a $60 million cash
flow revolver due in 2023 and a $605 million (upsized from $400
million) term loan due in 2025. The '3' recovery rating is
unchanged and indicates our expectation for meaningful (50%-70%;
rounded estimate: 65%) recovery in the event of a payment default.
Additionally, we affirmed our 'CCC+' issue-level rating on the
company's $150 million (upsized from $100 million) second-lien term
loan due in 2026. The '6' recovery rating is unchanged and
indicates our expectation for negligible (0%-10%; rounded estimate:
0%) recovery in the event of a payment default."

The upsized debt facilities will be guaranteed by Flynn's Taco
Bell, Panera Bread, and Arby's operations through a restricted
credit group structure.

S&P said, "The ratings affirmation reflects our expectation for
modestly strengthened competitive position, which is offset by some
upfront deterioration in credit metrics following the proposed
acquisition and debt upsizes, resulting in a net neutral impact on
the rating. We expect leverage to improve meaningfully to the
low-6x area by the end of fiscal 2019--primarily on EBITDA
contribution from the newly acquired 360-plus Arby's units--from
the mid-7x area at fiscal-year end 2018 (pro forma for the
transaction).

"The stable outlook reflects our expectation for meaningful
improvement in credit metrics following the initial deterioration
immediately after the debt upsizes, driven by EBITDA expansion on
the contributions from the newly acquired Arby's units, stable
performance in the Applebee's segment, and net unit growth in the
Taco Bell and Panera Bread segments. Pro forma for the transaction,
leverage would be in around mid-7x and we expect it to improve
meaningfully to the low-6x area over the next 12 months.

"We could lower the rating if operating performance is meaningfully
below our expectations, such that we expect adjusted debt to EBITDA
to remain elevated above 7x, and the FCC ratio declines to the
low-1x area on a sustained basis. For example, this could happen if
the company experiences meaningful integration issues with the
newly acquired Arby's units, such as slower-than-expected progress
in improving the performance, while performance at existing brands
also becomes challenged from heightened competition and/or
increasing commodity and labor costs, causing decline in comparable
sales growth or EBITDA margin decline in excess of 150 basis points
in fiscal 2019.

"Although unlikely over the next year, we could raise the rating if
operating performance is significantly above our expectations, such
that we expect adjusted debt to EBITDA below 5x and a FCC ratio of
2.2x or better on a sustained basis. This would likely be driven by
the successful integration of the Arby's brand, with sustained
generally positive sales trends across all of its brands, while
maintaining stable or improving margins. We will also likely assess
the business more favorably based on continued diversification and
expansion of the revenue and EBITDA base. We would also have to
believe that the company is unlikely to return to leverage above
5x, supported by a less aggressive financial policy."


FULLBEAUTY BRANDS: S&P Lowers Issuer Credit Rating to 'D'
---------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on FULLBEAUTY
Brands Holdings Corp. to 'D' (default) from 'CCC-'.

S&P said, "At the same time, we lowered our issue-level rating on
its first-lien term loan facility to 'D' from 'CCC-'. The '4'
recovery rating remains unchanged, indicating our expectation for
average recovery (30%-50%; rounded estimate: 35%) of principal and
prepetition interest.

"Additionally, we lowered our issue-level rating on the company's
second-lien term loan facility to 'D' from 'C'. The '6' recovery
rating remains unchanged, indicating our expectation for negligible
recovery (0%-10%; rounded estimate: 0%) of principal and
prepetition interest.

"The downgrade follows the company's missed interest payment on its
$345 million second-lien term loan maturing 2023. Although the
company has sufficient liquidity to make this interest payment, we
believe it is currently negotiating with its lenders and anticipate
that an out-of-court restructuring of the capital structure will be
the most likely outcome. We will continue to monitor the situation
going forward."


GALMOR'S/G&G STEAM: L. Pritchard Objects to Disclosure Statement
----------------------------------------------------------------
Leslie Pritchard objects to the disclosure statement explaining
Galmor's/G&G Steam Service, Inc.'s plan.

Pritchard, a creditor and party in interest filed the objection
individually and/or derivatively on behalf of Estate of Shirley Jo
Galmor, Galmor Family Limited Partnership, Galmor Management LLC,
Bobby Don and Shirley Jo Galmor Living Trust, Galmor Family Trust,
and Galmor Contribution Trust.

According to the objections, the Disclosure Statement fails to
provide adequate information within the meaning of 11 U.S.C. Sec.
1125 of the U.S. Bankruptcy Code. Pritchard noted that no
projections accompany the Disclosure Statement. Likewise, the
Disclosure Statement fails to indicate that claims such as the
claim of Pritchard could increase substantially once the claims are
liquidated, thus reducing the purported 10% distribution.

Pritchard claimed that the Debtor's purported lease with  Galmor
Family Limited Partnership (GFLP) is speculative as the Debtor has
not produced a written lease or there was no written lease that
exists. Further, the disclosure statement failed to address how any
loss of revenue from the GFLP lease will affect the feasibility of
the Plan.

In addition, Pritchard noted that the Disclosure Statement does not
indicate how a reorganized Debtor could or would be able to
maintain operations with the loss of one or more current
facilities. Also, Pritchard pointed out that the Debtor has not
adequately disclosed what appears to be a blatant misappropriation
of funds from the Debtor during the pendency of the case.

Pritchard has requested that the Debtor provide its accounting
database file through informal discovery, and for a period Prichard
was under the impression as a result of communications with
Debtor's counsel that informal discovery would result in the
production of the database file. Informal discovery has ceased
apparently, at least for the time being, and thus approval of the
Disclosure Statement and the timetable for consideration of the
Plan should be delayed until the accounting database file is
produced and adequate time is provided for review of the books and
records of the Debtor.

Mr. Pritchard is represented by:

     Jeff Carruth, Esq.
     WEYCER, KAPLAN, PULASKI & ZUBER, P.C.
     3030 Matlock Rd., Suite 201
     Arlington, TX 76015
     Tel: (817) 795-5416
     Fax: (866) 666-5322
     E-mail: jcarruth@wkpz.com

                 About Galmor's/G&G Steam Service

Galmor's/G&G Steam Service, Inc., based in Shamrock, TX, filed a
Chapter 11 petition (Bankr. N.D. Tex. Case No. 18-20210) on June
19, 2018.  In the petition signed by Michael Stephen Galmor,
president, the Debtor estimated $1 million to $10 million in assets
and liabilities.  The Hon. Robert L. Jones presides over the case.
Max R. Tarbox, Esq., at Tarbox Law, P.C., serves as bankruptcy
counsel and Hartzog Conger Cason & Neville, as special counsel.


HERITAGE HOME: Software License Deal Not Identified, SAP Says
-------------------------------------------------------------
BankruptcyData.com reported that SAP America filed an objection to
Heritage Home Group's motion for the sale of intellectual property
and other assets related to the Broyhill, Thomasville, Drexel,
Drexel Heritage, and Henredon Brands. The objection asserts, "To
date, the Debtors have not identified the Software License
Agreement as an executory contract that could be potentially
assumed and assigned as part of such sale. However, it is unclear
from the Sale Motion and subsequent communications with Debtors'
counsel whether the Debtors intend to transfer SAP's software as
part of the sale of assets. To the extent that the Debtors wish to
transfer SAP's software to any purchaser, the Debtors must assume
and assign the Software License Agreement and pay the applicable
cure amount. The assumption and assignment of the Software License
Agreement can only be effected with SAP's consent, which the
Debtors have neither sought nor obtained. In addition, the Software
License Agreement expressly limits the use of the software provided
thereunder for the benefit of any third party.  To the extent the
Debtors seek to provide any transition services to the purchaser,
they must comply with the terms of the Software License
Agreement."

                About Heritage Home Group LLC

Heritage Home Group LLC -- http://www.heritagehome.com/-- designs,
manufactures, sources and retails home furnishings.  The company
markets its products through a wide range of channels, including
its own Thomasville retail stores and through interior designers,
multi-line or independent retailers and mass merchant stores.  It
was formed by an affiliate of KPS Capital Partners, LP in November
2013 to acquire the brand portfolio and certain related assets of
Furniture Brands International, Inc.

Heritage Home Group and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Case Nos.
18-11736 to 18-11740) on July 29, 2018.

In the petitions signed by Robert D. Albergotti, chief
restructuring officer, Heritage Home Group estimated assets of $100
million to $500 million and liabilities of $100 million to $500
million.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP as their
legal counsel; Houlihan Lokey Capital, Inc. as their investment
banker; and Kurtzman Carson Consultants LLC as claims and noticing
agent.

On July 31, 2018, the Court authorized the joint administration of
the Debtors' chapter 11 cases.

On Aug. 31, 2018, the Court appointed Kurtzman Carson Consultants,
LLC, as the Debtors' administrative advisor.


IEA ENERGY: Moody's Affirms B3 Corp. Family Rating, Outlook Stable
------------------------------------------------------------------
Moody's Investors Service downgraded IEA Energy Services, LLC's
Speculative Grade Liquidity Rating to SGL-3, from SGL-2, and
affirmed its other existing ratings for the company, including the
B3 Corporate Family Rating and B3-PD Probability of Default Rating,
and the B2 ratings for its senior secured credit facilities. The
rating outlook remains stable.

IEA recently closed on its anticipated refinancing with less
favorable terms than contemplated by Moody's at the time of its
initial ratings assignment. Notably, the company's annual mandatory
term loan amortization increased from 1% to 10%, the applicable
margin increased by 100 basis points to 6.25%, and the financial
maintenance covenant was tightened. Moody's estimates that IEA's
revised financing terms will create an incremental $30 million drag
on liquidity annually.

"IEA's free cash flow after mandatory debt service will now be only
breakeven in 2019, rendering the company more reliant on a
relatively small revolver with only adequate covenant cushion,"
according to Harold Steiner, Moody's lead analyst for IEA.

The following rating actions were taken by Moody's for IEA Energy
Services, LLC:

Ratings downgraded:

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


Ratings affirmed:

Corporate Family Rating, affirmed at B3

Probability of Default Rating, affirmed at B3-PD

$50 million Gtd Senior Secured First Lien Revolver, affirmed at B2
(LGD3)

$300 million Gtd Senior Secured First Lien Term Loan, affirmed at
B2 (LGD3)

Outlook actions:

Outlook, remains stable

RATINGS RATIONALE

IEA Energy Services, LLC's B3 Corporate Family Rating broadly
reflects the company's inherent revenue volatility due to its
dependence on the Renewable Energy Production Tax Credit (PTC) and
its resulting aggressive acquisition strategy as it seeks to
diversify its operations. Moody's expects the company's growth to
be strong over the next two years but subsequently decline
materially as the expiration of the aforementioned subsidy dents
demand. IEA's acquisitions of CCS and William Charles will help to
diversify revenue, but these companies are nonetheless concentrated
in cyclical end markets and still leave the consolidated customer
base fairly concentrated. Additionally, Moody's anticipates that
IEA will continue to pursue acquisitions, likely slowing the pace
of deleveraging and creating ongoing integration risk. The rating
is supported, however, by the company's entrenched position in the
wind power construction market, along with a relatively modest debt
burden (albeit now with more onerous debt service costs). With
adjusted debt-to-EBITDA of about 4.5x (as of June 30, 2018, pro
forma the acquisitions of CCS and William Charles), IEA's balance
sheet is less levered than comparably rated construction companies,
which should provide the firm with some flexibility to deal with
Moody's projected performance decline in 2021.

The stable ratings outlook reflects Moody's expectation that IEA
will grow its revenues by approximately 30% through 2019 while
maintaining adjusted EBITDA margins in the 9% to 10% range and
generating still healthy but more moderate free cash flow after
mandatory debt service in the $20 to $40 million dollar range. The
outlook also assumes that the company will successfully integrate
its recent acquisitions.

The ratings could be upgraded if the company is able to
successfully diversify its operations such that the expiration of
the PTC is expected to have only a modest adverse impact on
financial and operating performance, or if projected annual
capacity additions post-PTC are sustained at or above 7.0 GW (2017
actual additions were 7.0 GW). Quantitatively, Moody's believes
this would be reflected by post-PTC debt-to-EBITDA sustained at or
below 3.0x and FCF-to-debt sustained above 5%.

The ratings could be downgraded if the company encounters problems
integrating acquisitions and/or experiences lower than expected
revenue and earnings growth, or if liquidity deteriorates.
Quantitatively, Moody's believes this would be reflected by
debt-to-EBITDA sustained above 5.0x or FCF-to-debt below 2.5%.

The principal methodology used in these ratings was Construction
Industry published in March 2017.

Headquartered in Indianapolis, Indiana, IEA Energy Services, LLC is
an engineering, procurement and construction company that primarily
serves the wind farm construction (42% of pro forma revenue),
transportation (26%) and rail (13%) end markets. IEA is a
subsidiary of Infrastructure & Energy Alternatives, Inc. (NASDAQ:
IEA), which is majority owned by Oaktree Capital Management on a
fully diluted basis. Pro forma revenue as of June 30, 2018 is
approximately $1.077 billion.


IX DESIGN BUILDERS: Nov. 19 Plan Confirmation Hearing Set
---------------------------------------------------------
The Bankruptcy Court has conditionally approved the disclosure
statement explaining IX Design Builders, LLC's plan of
reorganization and scheduled the confirmation hearing for November
19, 2018 at 9:00 a.m.

As reported by the Troubled Company Reporter, the Debtor proposes
to pay unsecured claims 10 cents pro rata per dollar amount of the
claim.  The amount will be paid over a period of three years with
the first payment to made one year from the date of confirmation of
the plan and on the same date thereafter for two more years.

The Debtor will make payments from continued construction
operations of Ryan Reynolds and personal capital contributions from
Ryan Reynolds as needed to effectuate the terms of the plan.

A copy of the Disclosure Statement is available for free at:

     http://bankrupt.com/misc/neb18-40373-46.pdf  

IX Design Builders, LLC, a small residential construction and
remodeling company, filed for chapter 11 bankruptcy protection
(Bankr. D. Neb. Case No. 18-4037) on March 8, 2018, and is
represented by John C. Hahn, Esq. of Wolfe, Snowden, Hurd, Luers &
Ahl, LLP.



JENESS UNIFORM: Nov. 14 Disclosure Statement Hearing Set
--------------------------------------------------------
The Bankruptcy Court scheduled for November 14, 2018 at 11:00 a.m.,
the hearing on the motion for conditional approval of the
disclosure statement explaining Jeness Uniform Centers, LLC.

The Plan provides for one class of Secured Claims and one class of
Unsecured Claims, as well as one class of equity.  Unsecured
creditors will receive a total of $82,500.00 through the Plan,
which payments will be paid annually on a pro-rata basis, unless
any of the Unsecured Creditors accept different treatment. This
represents a return of 21.21% of the claims.

According to the Debtor, this is more than they would receive in a
chapter 7 case. In a chapter 7 they would receive $74,217.01, or
19% on their claims.

The Debtor will retain its assets in personal property, with new
value being contributed by Richard Cruce.  He will contribute
$250.00/month for 36 months (total of $9,000.00), the source of
which will be from his personal funds and/or income.

A copy of the Disclosure Statement is available at
https://tinyurl.com/yd9xhw7d from PacerMonitor.com at no charge.

                  About Jeness Uniform Centers

Jeness Uniform Centers, LLC, filed a Chapter 11 petition (Bankr.
E.D. Va. Case No. 18-71557) on May 2, 2018.  At the time of the
filing, the Debtor estimated assets of less than $500,000 and
liabilities of less than $500,000.  Judge Frank J. Santoro
presides
over the case.  The Debtor hired Roussos Glanzer & Barnhart,
P.L.C., as counsel.


K&S UTILITY: Dec. 5 Plan Confirmation Hearing
---------------------------------------------
Judge Harlin D. Hale of the U.S. Bankruptcy Court for the Northern
District of Texas conditionally approved the disclosure statement
explaining K&S Utility Contractors, Inc.'s Chapter 11 plan of
reorganization.

The hearing to consider final approval of the Debtor's Disclosure
Statement, if a written objection has been timely filed, and to
consider the confirmation of the Debtor's proposed Chapter 11 Plan
is fixed and shall be conducted on December 5, 2018 at 9:00 A.M.

November 28, 2018 is fixed as the last day for filing written
acceptances or rejections of the Debtor's proposed Chapter 11 plan
which must be received by 5:00 p.m. (CST) on that date at the
offices of T. Craig Sheils, Sheils Winnubst, PC, 1701 N. Collins
Blvd., Suite 1100, Richardson, Texas 75080, facsimile number (972)
644-8180.

Likewise, November 28, 2018 is fixed as the last day for filing and
serving written objections to: (1) final approval of the Debtor's
Disclosure Statement; or (2) confirmation of the Debtor's proposed
Chapter 11 plan pursuant to Fed. R. Bankr. P. 3020(b)(1) and all
comments or objections not timely filed and served by such deadline
shall be deemed waived.

                   About K&S Utility Contractors

K&S Utility Contractors, Inc., is a water main contractor based in
Seagoville, Texas.

K&S Utility Contractors filed a Chapter 11 petition (Bankr. N.D.
Tex. Case No. 18-31636) on May 14, 2018, listing $500,000 to $1
million in estimated assets and $1 million to $10 million in
estimated liabilities.  The petition was signed by Glenda Koller,
president.  The case is assigned to Judge Harlin DeWayne Hale.

Thomas Craig Sheils, Esq., at SHEILS WINNUBST P.C., is the Debtor's
counsel.


LA CASA DI ARTURO: Unsecured Creditors to Get 100%, Plus 2.26%
--------------------------------------------------------------
La Casa Di Arturo Inc. filed with the U.S. Bankruptcy Court for the
Eastern District of New York a disclosure statement for small
business under Chapter 11 plan of reorganization.

Under the Plan, general unsecured creditors are classified in Class
1 and will receive a distribution of 100% of their allowed claims
plus interest at the rate of 2.26%.

The Debtor, likewise, owed $10,000.00 to Morrison Tenenbaum PLLC
for administrative expenses and $9,304.00 for Internal Revenue
Service. If allowed, payment for Internal Revenue Service shall be
paid in full in regular installments and shall be paid over a
period not exceeding 5 years from the order of relief.

The Debtor is represented by:

     Lawrence F. Morrison, Esq.
     Brian J. Hufnagel, Esq.
     MORRISON TENENBAUM PLLC
     87 Walker Street, Floor 2
     New York, NY 10013
     Tel: (212) 620-0938
     Fax: (646)390-5095

A full-text copy of the Disclosure Statement dated November 1, 2018
is available at:

        http://bankrupt.com/misc/nyeb18-42340-27.pdf

                    About La Casa Di Arturo Inc.

La Casa Di Arturo Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 18-42340) on April 25,
2018. In the petition signed by Scott Giunta, president, the Debtor
estimated assets of less than $100,000 and liabilities of less than
$500,000. The Debtor tapped Morrison-Tenenbaum, PLLC as its legal
counsel.


LAURITSEN FIREWOOD: BFN to Get Quarterly Payments until 2025
------------------------------------------------------------
Lauritsen Firewood & Rental, Inc., filed with the U.S. Bankruptcy
Court for the Western District of Wisconsin a plan of
reorganization and disclosure statement.

Under the Plan, Class 6 is composed of a secured claim to which
Hiawatha National Bank shall be allowed a secured claim in the
amount of $1,644,519.56 as of September 20, 2018. The claim is
comprised of the obligations memorialized in HNB Loan Nos. 76829,
77001, 77377, 77378, 77451, 78249. Each of the component loans will
mature on the 20th anniversary of the Confirmation Date. Interest
on each of the component loans will accrue at the initial rate of
6.0%, which rate shall adjust every 5 years on the anniversary of
the Confirmation Date, to equal WSJ Prime+1.25%.

The interest under Class 6 shall be calculated based on a 360 day
year. Payments will be due monthly on the 1st day of each month,
commencing December 1, 2018. Payments will be based on a 30 year
amortization.

Further, the allowed secured claims under Class 7, composed of
other secured claims, shall be be paid in full in 84 equal monthly
payments starting on the Distribution Date with interest. The
creditors in this class shall retain any prepetition lien on Debtor
property.

Under Class 7, Hiawatha National Bank shall be allowed a secured
claim in the amount of $569,710.31 as of September 20, 2018. This
claim is comprised of the obligations memorialized in HNB Loan Nos.
76393, 76567, 78250.

Also under Class 7 is Bank First National (BFN), which shall be
allowed a fully secured claim in such amounts as are from time to
time due and owing by Debtor which claim was in the sum of
approximately $67,448.75 plus attorneys fees and costs as of May
17, 2017. Debtor shall make quarterly payments of at least
$2,773.79 to BFN on the first day each quarter, commencing on the
first day of November, 2018 and continuing on the first day of each
quarter thereafter, such as on February 1, May 1, August 1,
November 1. Interest shall accrue at the rate of 4.0% per annum.

All sums due BFN from Debtor including but not limited to all sums
due for principal, interest, attorneys fees, costs, and other loan
charges pursuant to the Loan Documents shall be due and payable, in
full, on August 1, 2025 to BFN.

Small Unsecured Creditors under Class 9 shall be allowed for small
creditor claims of $250 or less shall be paid, in full, with
interest, within one year after the Distribution Date, or when
allowed, whichever is later. On the other hand, Class 10, composed
of other unsecured creditors shall be allowed claims which are to
be paid in full with interest in 60 equal monthly payments starting
on the Distribution Date.

The Debtor is represented by:

     Joshua D. Christianson, Esq.
     CHRISTIANSON & FREUND, LLC
     920 So. Farwell St., Ste. 1800
     Eau Claire, WI 54702-0222
     Tel: 715.832.1800

A full-text copy of the Disclosure Statement dated November 1,
2018, is available at

http://bankrupt.com/misc/wiwb17-11785-312.pdf

           About Lauritsen Firewood & Rental

Lauritsen Firewood & Rental Inc. is a firewood delivery company.
Based in Cushing, Wisconsin, it provides wood heating, firewood
chopping, and flat roofing.

Lauritsen Firewood sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wis. Case No. 17-11785) on May 17,
2017.  Derek Lauritsen, president, signed the petition.  At the
time of the filing, the Debtor disclosed $6.67 million in assets
and $3.47 million in liabilities.

Judge Catherine J. Furay presides over the case.

Joshua D. Christianson, Esq., Christianson & Freund, LLC, in Eau
Claire, WI, serves as counsel to the Debtor.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case.


LEWIS SPECIALTIES: Unsecured Creditors to Get $30,000 Over 60 Mos.
------------------------------------------------------------------
Lewis Specialties Trucking Service, LLC filed with the U.S.
Bankruptcy Court for the Eastern District of Texas a disclosure
statement for small business under Chapter 11.

Under the Plan, general unsecured creditors are classified in Class
6 and will receive a distribution of 8% of their allowed claims to
be paid a total of $500.00 in equal monthly installments of
principal in the amount of $30,000.00 over 60 consecutive months
beginning 30 days after confirmation of the final plan. No interest
shall be paid.

The Debtor anticipates the continued operations of the business to
fund the Plan.

The Debtor is represented by:

     Diane S. Barron, Esq.
     BARRON AND BARRON, LLP
     660 North Central Expressway, Ste. 101,
     Plano, TX 75074
     Tel: (972) 422-9377
     Fax: (972) 578-9707
     Email: dsbarron@rbarronlaw.com

A full-text copy of the Disclosure Statement dated November 1, 2018
is available for free at:

      http://bankrupt.com/misc/txeb18-10175-64.pdf

              About Lewis Specialties Trucking

Founded in 1992, Lewis Specialties Trucking Service LLC --
http://www.lewisspecialties.com/-- offers full-service truck and
trailer maintenance, truck painting, washing, repairs, and
refurbishing, to name a few.

The Debtor previously filed a Chapter 11 petition (Bankr. E.D. Tex.
Case No. 17-10270) on May 5, 2017.

Lewis Specialties Trucking Service filed a Chapter 11 petition
(Bankr. E.D. Tex. Case No. 18-10175) on May 4, 2018.  The Hon. Bill
Parker presides over the case.  In the petition signed by Antonio
Lewis, president, the Debtor disclosed $626,800 in assets and $1.21
million in liabilities.  Diane S. Barron, Esq., at Barron and
Barron, L.L.P., serves as bankruptcy counsel.


LOU FASCIO: Unsecureds to Get 100% in 36 Months at 4%
-----------------------------------------------------
Lou Fascio Inc., dba the Big Reno Show, filed a disclosure
statement explaining its plan of reorganization providing that
unsecured creditors, classified in Class 4, will be paid 100% of
their allowed claims by the debtor in 36 monthly installments with
interest at the discount rate of 4% per annum.  The estimated
recovery to unsecured creditors is around $213,620.58.

The Debtor will pay the Class 4 claims on a pro-rata basis in 36
installments of $5,000 per month for the first calendar year
commencing on the Effective Date, $6,000 for month for the second
calendar year, and $7,000 per month for the third calendar year, so
that all unpaid principal and interest on the allowed Class 4 claim
will be paid in full 36 months after the Effective Date.  The
allowed general claim of Sylvia Fascio arising from her consulting
agreement that pays $5,000 per month will be rejected.

The treatment of other classes of claims are secured by security
agreement and UCC-1 financing statement. They will retain its
existing security interest on its outstanding loan balance.

The Debtor will fund the Plan payments through revenues from its
ongoing business operations.  The Debtor projects that its current
monthly revenues with average of $28,900 per month for 2018. The
debtor believes that it will continue to earn sufficient revenues
to fund the proposed plan.

A full-text copy of the Disclosure Statement dated December 12,
2018, is available at:

         http://bankrupt.com/misc/nvb18-1850379btb-26.pdf

Attorney for Debtor:

     Stephen R. Harris, Esq.
     Harris Law Practice LCC
     6151 Lakeside Drive, Suite 2100
     Reno, NV 89511
     Tel: (775) 786-7600
     Email: steve@harrislawreno.com

                      About Lou Fascio Inc.

Lou Fascio, Inc. conducts trade shows in the Northern Nevada area.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Case No. 18-50379) on April 10, 2018.  In the
petition signed by Lou Fascio III, president, the Debtor estimated
assets of less than $500,000 and liabilities of less than
$500,000.
Judge Bruce T. Beesley presides over the case.  The Debtor tapped
Harris Law Practice, LLC, as its legal counsel.


MICHAEL BAKER: Moody's Raises CFR to B2, Outlook Stable
-------------------------------------------------------
Moody's Investors Service has upgraded the Corporate Family Rating
of Michael Baker International, LLC to B2 from B3 and concurrently
upgraded the rating of the 8.75% senior secured notes due 2023 to
B2 from Caa1. The rating outlook is stable.

RATINGS RATIONALE

The rating upgrades follow several corporate and debt structure
changes in recent months that have improved the company's prospects
for profitability and steady free cash flow generation.

Michael Baker finalized its Balad, Iraq Airfield base operations
contract with the US Air Force in the summer of 2018, which enabled
a long-awaited collection on unbilled receivables. The associated
subsidiary, Sallyport Holdings, was then spun-off and sold
resulting in divestiture proceeds. Michael Baker applied these cash
inflows toward debt reduction, including a $170 million prepayment
on the first lien term loan, leaving only $80 million outstanding
on the loan. Further, on November 1, 2018 the company received a
$66.8 million distribution from an interest retained in Sallyport
Holdings. Along with $13 million of new drawing under the revolver,
the first lien term loan was fully repaid.

The CFR has been upgraded to B2 from B3 with debt/EBITDA below 5x
pro forma for the spin-off and debt reduction, versus 5.8x LTM
Q2-2018. Moody's expects free cash flow of $15 - $20 million
annually. The CFR also incorporates $1.5 billion of backlog at
Q2-2018 (pro forma for the spin-off of Sallyport Holdings) and the
company's long-standing brand within the US as a design and
engineering services contractor on infrastructure related projects.
While the company's scale and specialization on design/engineering
rather than construction limits the range of contracts that Michael
Baker can prime, the company's track record and qualifications
nonetheless support a diverse contract portfolio with many
favorable subcontractor positions.

Moody's expects the US construction spending growth rate to slow to
3%-5% in 2019 from 4%-6% in 2018 but the growing market should
enable Michael Baker's management to capitalize on the more narrow
business portfolio that followed the Sallyport Holdings spin-off.
Following the spin-off the company will no longer pursue defense
sector related services and projects, which should permit better
return on marketing expenditures and a more streamlined
organizational structure.

The liquidity profile is adequate with low cash but about $43
million available on the asset-based revolving credit line at June
30, 2019, pro forma for the term loan repayment. The company no
longer has scheduled quarterly debt amortization. While the
revolver, which expires May 2022, features a minimum fixed charge
maintenance covenant, the test only applies when borrowing
availability declines below $10 million, as defined.

The 8.75% senior secured notes due 2023 were upgraded two notches
to B2 from Caa1 despite only a one notch upgrade of the CFR because
the term loan repayment eliminated an effectively senior debt claim
within the capital structure that had been pressuring the
stress-scenario recovery prospects of the notes. With the notes
comprising most of the company's total funded debt, the note rating
has been raised on par with the CFR.

The stable rating outlook reflects the likelihood that Michael
Baker will reduce revolver borrowing through free cash flow
generation near-term. The pursuit of rather sizeable design/build
projects, where the company typically holds subcontractor position,
could drive higher than historical marketing expense near term but
Moody's nonetheless anticipates EBITDA margin above 12% with EBITDA
to interest above 2.5x. The outlook also anticipates stability of
the capital structure.

Upward rating momentum would depend on significantly greater scale,
leverage sustained below 4x with annual free cash flow approaching
$75 million. A good liquidity profile, including expectation of low
revolver borrowing would probably accompany an upgrade.

Downward rating pressure would follow leverage rising above 6x,
expectation of lackluster free cash generation (i.e. below $10
million per annum) or a weakening liquidity profile.

The following rating actions were taken:

Upgrades:

Issuer: Michael Baker International, LLC

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

Corporate Family Rating, Upgraded to B2 from B3

Senior Secured Regular Bond/Debenture, Upgraded to B2 (LGD3) from
Caa1 (LGD5)

Outlook Actions:

Issuer: Michael Baker International, LLC

Outlook, Remains Stable

Michael Baker International, LLC, is specializes in engineering,
planning, and consulting services, offering a full continuum of
solutions. Estimated revenues in 2018, pro forma for divestitures
of SC3 and Sallyport, are $625 million. The company is
majority-owned by DC Capital Partners, LLC

The principal methodology used in these ratings was Business and
Consumer Service Industry published in October 2016.


MODERN PROMOS: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Modern Promos, L.L.C.
        7400 Metro Blvd, Suite 400
        Edina, MN 55439

Business Description: Edina, Minnesota-based Modern Promos, L.L.C.
                      -- http://modernpromos.com-- is a brand
                      activation agency specializing in planning
                      and activating impactful brand experience by
                      activating directly with brands or
                      partnering with key advertising, public
                      relations and marketing agencies.  Modern
                      Promos works closely with agency or brand
                      teams to create custom experiences and
                      activations with branded elements such as
                      signage, tents, wrapped vehicles, displays,
                      digital photo experiences, and digital media
                      such as virtual reality, social media, lead
                      retrieval and customized data capture.

Chapter 11 Petition Date: November 8, 2018

Court: United States Bankruptcy Court
       District of Minnesota (Minneapolis)

Case No.: 18-43517

Judge: Hon. Michael E. Ridgway

Debtor's Counsel: Steven B. Nosek, Esq.
                  STEVEN NOSEK, P.A.
                  ATTORNEY AT LAW
                  2855 Anthony Ln S, Ste 201
                  St Anthony, MN 55418
                  Tel: 612-335-9171
                  E-mail: snosek@noseklawfirm.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jonathon E. Nelson, CEO/president.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 20 largest unsecured creditors is available
for free at:

          http://bankrupt.com/misc/mnb18-43517.pdf


NEW ATHENS: Plan Confirmation Hearing Set for Nov. 20
-----------------------------------------------------
Judge Laura K. Grandy will convene a hearing to consider approval
of the Disclosure Statement and Confirmation of Plan for New Athens
Home for the Aged on Nov. 20, 2018 at 9:00 a.m.  The deadline to
Object to Disclosure Statement is Nov. 14.

           About New Athens Home for the Aged

New Athens Home for the Aged is a small, non-profit, nursing home
with 53 beds based at 203 South Johnson Street in New Athens,
Illinois. The provider participates in the medicare & Medicaid
programs and provides resident counseling services.

New Athens Home for the Aged filed a Chapter 11 petition (Bankr.
S.D. Ill. Case No. 18-30148) on Feb. 9, 2018.  Robert E. Eggmann,
Esq. and Thomas H. Riske, Esq., at Carmody MacDonald, P.C., serve
as counsel to the Debtor.



NEW LIFE HOLINESS: DOJ Watchdog Wants Ch. 11 Case Dismissed
-----------------------------------------------------------
Paul A. Randolph, the Acting United States Trustee for Region 8,
asks the U.S. Bankruptcy Court for the Western District of
Tennessee to dismiss the Chapter 11 case of New Life Holiness, or
in the alternative, appoint a trustee.

On October 25, 2018, the U.S. Trustee received information
indicating that the Debtor's principals/executives, i.e., the
church's pastor and his wife, have each been arrested for identity
theft, forgery, and theft of property in excess of $10,000.00 in
violation of State law. The criminal allegations against them
indicate that there was mishandling of the church's monies and/or
finances.

The U.S. Trustee noted that such could be indicative of gross
mismanagement, which would be cause for dismissal of its Chapter 11
petition pursuant to 11 U.S.C. Sec. 1112 (b)(4)(B) of the
Bankruptcy Code, or for the Court to order the appointment of a
Chapter 11 trustee pursuant to Sec. 1104(a).

                     About New Life Holiness

New Life Holiness sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Tenn. Case No. 18-21532) on Feb. 21,
2018.  In the petition signed by Frederick Smith, pastor, the
Debtor estimated assets of less than $50,000 and liabilities of
less than $100,000.  Judge Jennie D. Latta presides over the case.
Douglass & Runger is the Debtor's bankruptcy counsel.


NSC WHOLESALE: Has Interim Approval to Conduct Store Closing
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
NSC Wholesale Holdings LLC and affiliates (i) to operate under
their  consulting agreement dated as of Oct. 16, 2018 with a
contractual joint venture comprised of Hilco Merchant Resources,
LLC and Gordon Brothers Retail Partners, LLC; (ii) to conduct store
closing or similar themed sales of Merchandise and FF&E (both as
defined in the Consulting Agreement) in accordance with the terms
or the store closing sale guidelines, on an interim basis.

The Final Hearing will be held on Nov. 14, 2018, at 10:00 a.m.
(ET).  The objection deadline is Nov. 9, 2018.  The Debtors will
file their reply(s) to to objections by Nov. 12, 2018 at 4:00 p.m.
(ET).

The Consulting Agreement is assumed on an interim basis pending
entry of a final order pursuant to section 365 of the Bankruptcy
Code.  The Debtors are authorized to act and perform in accordance
with the terms of the Consulting Agreement, including, making
payments required by the Consulting Agreement to the Consultant
without the need for any application of the Consultant or a further
order of the Court.

The Debtors are authorized, on an interim basis pending the Final
Hearing, pursuant to 105(a) and 363(b)(1) of the Bankruptcy Code,
to immediately begin and conduct Inventory Sales at the Stores in
accordance with the Interim Order, the Sale Guidelines, the
Consulting Agreement and any Side Letter.  The Sale Guidelines are
approved in their entirety on an interim basis.

The Debtors are authorized to discontinue operations at the Stores
in accordance with the Interim Order and the Sale Guidelines.

All sales of Sale Assets will be "as is" and final.  However, as to
the Stores, all state and federal laws relating to implied
warranties for latent defects will be complied with and are not
superseded by the sale of said goods or the use of the terms "as
is" or "final sales."

Further, as to the Stores, the Debtors and/or the Consultant will
accept return of any goods purchased during the Inventory Sales
that contain a defect which the lay consumer could not reasonably
determine was defective by visual inspection prior to purchase for
a full refund, provided that the consumer must return the
merchandise within seven days of purchase, the consumer must
provide a receipt, and the asserted defect must in fact be a
"latent" defect.  Signs stating that "refunds may only be for
merchandise having a latent defect, when returned within 7 days of
purchase," will be posted at the cash register area of the Stores.

Pursuant to section 363(f) of the Bankruptcy Code, the Consultant,
on behalf of the Debtors, is authorized to sell and all sales of
Merchandise or FF&E, pursuant to the Inventory Sales, whether by
the Consultant or the Debtors, will be free and clear of any and
all Encumbrances.  To the extent that the Debtors propose to sell
or abandon Offered FF&E which may contain personal and/or
confidential information about the Debtor's employees and/or
customers, the Debtors will remove the Confidential Information
from such items of Offered FF&E before such sale or abandonment.

The Debtors and/or the Consultant (as the case may be) are
authorized and empowered to transfer Merchandise and Offered FF&E
among the Stores.  The Consultant is authorized to sell the
Debtors' Offered FF&E and abandon the same, in each case, as
provided for and in accordance with the terms of the Consulting
Agreement.

Within three business days of entry of this Interim Order, the
Debtors will serve copies of the Interim Order, the Consulting
Agreement and the Sale Guidelines, upon all interested parties.

In accordance with Section J of the Consulting Agreement, the
Consultant is authorized on an interim basis to supplement the
Merchandise in the Inventory Sales with goods of like kind and no
lesser quality as customarily sold in the Stores.

No later than five days prior to the Final hearing, the Consultant
will file a declaration disclosing connections to the Debtors,
their creditors, and any other parties in interest in these Chapter
11 Cases.

Notwithstanding Bankruptcy Rule 6004(h), the Interim Order will
take effect immediately upon its entry.

A copy of the Consulting Agreement attached to the Interim Order
attached to the Order is available for free at:

    http://bankrupt.com/misc/NSC_Wholesale_37_Order.pdf

                      About NSC Wholesale

NSC Wholesale Holdings and its subsidiaries --
https://www.nwlshop.com/ -- own and operate a chain of 11 general
merchandise close-out  stores located in four states:
Massachusetts, New Jersey, New York and Pennsylvania.  The Stores,
which operate under the name "National Wholesale Liquidators," are
targeted to lower and lower/middle income customers in densely
populated urban and suburban markets.  At October 2018, the Company
had 695 employees, 629 of whom are employed on a full time basis
and 66 of whom are employed part time.  

On Oct. 24, 2018, NSC Wholesale and six of its subsidiaries filed
for bankruptcy in the U.S. Bankruptcy Court for the District of
Delaware under Lead Case No. 18-12394.  The petition was signed by
Scott Rosen, CEO.

Hon. Kevin J. Carey presides over the cases.

The Debtors estimated assets and liabilities at $10 million to $50
million each.

The Debtors tapped Saul Ewing Arnstein & Lehr LLP as bankruptcy
counsel; Getzler Henrich & Associates LLC and SSG Advisors LLC as
financial advisor and investment banker; and Omni Management Group
Inc. as claims & noticing agent.



NSC WHOLESALE: Sets Bidding Procedures for Assets
-------------------------------------------------
Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District
of Delaware will convene a hearing on Nov. 5, 2018 at 3:00 p.m.
(ET) to consider the bidding procedures of NSC Wholesale Holdings,
LLC and affiliates in connection with the sale of property and
other related interests at auction.

The objection deadline is Nov. 2, 2018 at 4:00 p.m. (ET).

The Debtors' primary assets include inventory, certain equipment, a
significant litigation claim, and certain leasehold interests in
non-residential real property in Massachusetts, New Jersey, New
York and Pennsylvania. The Debtors do not own any real property.
They also own numerous trademarks related to the "National
Wholesale Liquidators" brand that provide them a competitive edge
in their markets.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Nov. 26, 2018 at 12:00 p.m. (ET)

     b. Initial Bid: The sum of the amount of (i) the purchase
price under the Stalking Horse Agreement, plus (ii) any break-up
fee, expense reimbursement, or other bid protection provided under
the Stalking Horse Agreement, plus (iii) $100,000

     c. Deposit: 10% of the total consideration

     d. Auction: The Auction will be held on Nov. 27, 2018 at 10:00
a.m. (ET) at the offices of Saul Ewing Arnstein & Lehr LLP, 1201 N.
Market Street, Suite 2300, Wilmington, DE 19801

     e. Bid Increments: $100,000

     f. Sale Hearing: Nov. 28, 2018 at a time to be determined by
the Court

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

    http://bankrupt.com/misc/NSC_Wholesale_37_Order.pdf

                    About NSC Wholesale

NSC Wholesale Holdings and its subsidiaries --
https://www.nwlshop.com/ -- own and operate a chain of 11 general
merchandise close-out stores located in four states: Massachusetts,
New Jersey, New York and Pennsylvania.  The Stores, which operate
under the name "National Wholesale Liquidators," are targeted to
lower and lower/middle income customers in densely populated urban
and suburban markets.  At October 2018, the Company had 695
employees, 629 of whom are employed on a full time basis and 66 of
whom are employed part time.  

On Oct. 24, 2018, NSC Wholesale and six of its subsidiaries filed
for bankruptcy in the U.S. Bankruptcy Court for the District of
Delaware under Lead Case No. 18-12394.  The petition was signed by
Scott Rosen, CEO.

Hon. Kevin J. Carey presides over the cases.

The Debtors estimated assets and liabilities at $10 million to $50
million.

The Debtors tapped Saul Ewing Arnstein & Lehr LLP as bankruptcy
counsel; Getzler Henrich & Associates LLC and SSG Advisors LLC as
financial advisor and investment banker; and Omni Management Group
Inc. as claims & noticing agent.


OPEN ROAD: Court OKs Settlement with Showtime Networks
------------------------------------------------------
BankruptcyData.com reported that Open Road Films requested Court
approval of a settlement agreement with Showtime Networks and IM
Global (the "Settlement Agreement").

BankruptcyData related that the motion explains, "The following is
a summary of the material terms of the Settlement Agreement: a) The
Settlement Agreement shall not become effective unless and until
both of the following conditions are satisfied: (i) the Saban
Agreement is executed and becomes effective and (ii) the Proposed
Order granting the Motion has been entered and become final, is
unstayed, and is no longer subject to appeal or other challenge
(the date on which both conditions have occurred, the 'Agreement
Effective Date'). The Settlement Agreement shall become null and
void unless the Agreement Effective Date occurs on or before
January 1, 2019. b) Effective upon the Agreement Effective Date,
SNI, on behalf of itself and the OR/IMG Released Parties releases
Open Road, IM Global, and their respective predecessors,
successors, parent companies, subsidiaries and companies with which
they share common ownership (including but not limited to all the
Debtors), and their respective officers, directors, managers, and
attorneys (collectively, the 'SNI Released Parties') from any and
all claims, causes of action, debts, damages and other liability in
connection with, relating to, or arising out of the Saban
Assignment ('Released Claims')."

                            About Open Road

Open Road Films, LLC, together with its affiliated debtors, is an
independent distributor of motion pictures in the United States and
licenses motion pictures in ancillary markets, principally to home
entertainment, pay television, subscription and transactional
video-on-demand, free television, and other non-theatrical
entertainment distribution markets.

Open Road Films, LLC, and its affiliates sought Chapter 11
protection (Bankr. D.Del. Lead Case No. 18-12012) on Sept. 6, 2018.
Open Road estimated assets and debt of $100 million to $500
million.

The Hon. Laurie Selber Silverstein is the case judge.

Young Conaway Stargatt & Taylor, LLP, led by Robert F. Poppiti,
Jr., Esq., Michael R. Nestor, Esq., Sean M. Beach, Esq., Ian J.
Bambrick, Esq. serves as counsel to the Debtors.  Klee, Tuchin,
Bogdanoff & Stern LLP, led by Michael L. Tuchin, Esq., Jonathan M.
Weiss, Esq., Sasha M. Gurvitz, Esq. also serves as counsel to the
Debtors.  FTI Consulting, Inc. acts as restructuring advisors and
Donlin Recano & Company is claims and noticing agent to the
Debtors.


OPEN ROAD: Seeks Approval of KERP, To Make Payments Up to $206,000
------------------------------------------------------------------
BankruptcyData.com reported that Open Road Films requested Court
authority to  implement a key employee retention program (the
"KERP").  The KERP motion explains, "The participants in the KERP
(collectively, the "KERP Participants") are 14 valuable non-insider
members of the Debtors' workforce.  The KERP Participants include
individuals that perform all or substantial portions of their work
for the Debtors, but are formally employed by an affiliated
non-debtor entity. Under the KERP, if earned, KERP Payments range
from approximately 6% to 17% of the respective KERP Participant's
annual base salary.  The average base salary for the KERP
Participants (allocated across all of the Debtors and their
non-debtor affiliates) is approximately $130,000, and the average
KERP Payment, if earned, is approximately $15,000.  The aggregate
amount of the potential KERP Payments is approximately $206,000,
and the total potential cost of the KERP to the Debtors' estates,
including the anticipated payroll taxes related to the KERP
Payments, is estimated at roughly $222,000."

The Debtors also filed with the Court a motion to redact and file
under seal certain information contained in the KERP motion, which
notes, "The Confidential Information that the Debtors are
requesting authority to redact and file under seal includes the
names, departments, and titles of the KERP Participants, as well as
their potential KERP Payments.  Disclosure of the Confidential
Information could be a serious detriment to workforce morale or
cause harm or distress to the KERP Participants.  These potential
negative effects are the very harm that the KERP is designed to
avoid, as the goal of the KERP is, among other things, to bolster
workforce morale, and to motivate certain valuable non-insider
members of the Debtors' workforce to continue working diligently
throughout the Sale process, for the benefit of the Debtors’
estates, creditors and other stakeholders.  The retention of the
KERP Participants throughout the marketing and Sale process, and
for an appropriate period of time after closing of the Sale, is
critical to maximizing value, successfully prosecuting these Cases,
and effectively and efficiently winding down the Debtors’
estates.  Thus, the protection of the Confidential Information will
provide a tangible benefit to all stakeholders, while its
disclosure would potentially work significant, unnecessary harm."

                         About Open Road

Open Road Films, LLC, together with its affiliated debtors, is an
independent distributor of motion pictures in the United States and
licenses motion pictures in ancillary markets, principally to home
entertainment, pay television, subscription and transactional
video-on-demand, free television, and other non-theatrical
entertainment distribution markets.

Open Road Films, LLC, and its affiliates sought Chapter 11
protection (Bankr. D.Del. Lead Case No. 18-12012) on Sept. 6, 2018.
Open Road estimated assets and debt of $100 million to $500
million.

The Hon. Laurie Selber Silverstein is the case judge.

Young Conaway Stargatt & Taylor, LLP, led by Robert F. Poppiti,
Jr., Esq., Michael R. Nestor, Esq., Sean M. Beach, Esq., Ian J.
Bambrick, Esq. serves as counsel to the Debtors.  Klee, Tuchin,
Bogdanoff & Stern LLP, led by Michael L. Tuchin, Esq., Jonathan M.
Weiss, Esq., Sasha M. Gurvitz, Esq. also serves as counsel to the
Debtors.  FTI Consulting, Inc. acts as restructuring advisors and
Donlin Recano & Company is claims and noticing agent to the
Debtors.


PACIFIC DRILLING: Hires Ernst & Young S.A. as Luxembourg Auditor
----------------------------------------------------------------
Pacific Drilling, S.A., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the Southern District of New
York to employ Ernst & Young S.A. to provide Luxembourg
audit-related services, nunc pro tunc to Oct. 22, 2018.

Specifically, in accordance with the Law of 10 August 1915 on
commercial companies, as amended, EY Lux has been appointed as
independent auditor in Luxembourg for the purpose of issuing a
report in relation to the proposed increase of capital of PDSA in
return for the contribution in kind relating to:

-- several debt instruments referred to as the "2020 Notes," "2018
Term Loan B," and "2017 Notes" indentures, and

-- funding arising from the Equity Commitment Agreement.

Fees EY Lux intends to charge the Debtors are:

     a. EY Lux's fees for the Services will be based on fees, which
will be billed as work progresses, are based on the time required
by the individuals assigned to the engagement plus administrative
allowance, travel and out-of-pocket expenses. Individual hourly
rates vary according to the degree of responsibility involved and
the experience and skill required. Should any additional costs
arise during the course of its engagement, EY Lux will discuss and
agree on these costs with the Debtors.

     b. Although it will bill the Debtors on an hourly-rate basis,
EY Lux estimates that its fees will be approximately EUR 64,500,
plus a 5% administrative and public supervision allowance, travel
and out-of-pocket expenses.

Alban Aubree, partner of Ernst & Young S.A., assures the Court that
EY Lux does not hold nor represent any interest materially adverse
to the Debtors' estates in the matters for which EY Lux is proposed
to be retained and is a "disinterested person," as such term is
defined in section 101(14) of the Bankruptcy Code and as required
under section 327(a) of the Bankruptcy Code.

The firm can be reached through:

     Alban Aubree
     Ernst & Young S.A.
     35E avenue John F. Kennedy
     L1855 Luxembourg
     Phone: +352 42124 1
     Fax: +352 42 124 5555
     ernst.young@lu.ey.com

                      About Pacific Drilling

Pacific Drilling S.A. (OTC: PACDQ) a Luxembourg public limited
liability company (societe anonyme), operates an international
offshore drilling business that specializes in ultra-deepwater and
complex well construction services. Pacific Drilling --
http://www.pacificdrilling.com/-- owns seven high-specification
floating rigs: the Pacific Bora, the Pacific Mistral, the Pacific
Scirocco, the Pacific Santa Ana, the Pacific Khamsin, the Pacific
Sharav and the Pacific Meltem. All drillships are of the latest
generations, delivered between 2010 and 2014, with a combined
historical acquisition cost exceeding $5.0 billion. The average
useful life of a drillship exceeds 25 years.

On Nov. 12, 2017, Pacific Drilling S.A. and 21 affiliates each
filed a voluntary petition for relief under Chapter 11 of the
United States Bankruptcy Code (Bankr. S.D.N.Y. Lead Case
No.17-13193). The cases are pending before the Honorable Michael E.
Wiles and are jointly administered.

Pacific Drilling disclosed $5.46 billion in assets and $3.18
billion in liabilities as of Sept. 30, 2017.

The Debtors tapped Sullivan & Cromwell LLP as bankruptcy counsel
but was later replaced by Togut, Segal & Segal LLP; Evercore
Partners International LLP as investment banker; AlixPartners, LLP,
as restructuring advisor; Alvarez & Marsal Taxand, LLC as executive
compensation and benefits consultant; Ince & Co LLP and Jones
Walker LLP as special counsel; and Prime Clerk LLC as claims and
noticing agent.

The RCF Agent tapped Shearman & Sterling LLP, as counsel, and PJT
Partners LP, as financial advisor.

The ad hoc group of RCF Lenders engaged White & Case LLP, as
counsel.

The SSCF Agent tapped Milbank Tweed, Hadley & McCloy LLP, as
counsel, and Moelis & Company LLC, as financial advisor.

The Ad Hoc Group of Various Holders of the Ship Group C Debt, 2020
Notes and Term Loan B tapped Paul, Weiss, Rifkind, Wharton &
Garrison, in New York as counsel.


PARKLAND FUEL: S&P Rates New C$250MM Senior Unsecured Notes 'BB'
----------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB' issue-level and '4'
recovery ratings to Parkland Fuel Inc.'s proposed C$250 million
senior unsecured notes due 2027. The '4' recovery reflects S&P's
expectation of average (30%-50%, rounded estimate 45%) recovery in
a default scenario. The issue-level and recovery ratings are the
same as those on Parkland's existing unsecured notes.

S&P said, "We expect the company will use the proceeds to repay
borrowings under existing credit facilities. The company will also
borrow C$770 million from its new credit facilities to fund its
acquisition of 75% of Sol Investments Ltd. Should the company's
final capital structure be materially different from the proposed
offering, we could reassess our issue-level and recovery ratings on
Parkland's unsecured debt.

"All other ratings, including our 'BB' long-term issuer credit
rating on Parkland, are unchanged."

  RATING LIST
  Parkland Fuel Corp.
  Issuer credit rating                    BB/Stable/--

  Ratings Assigned
  Parkland Fuel Corp.
  C$250M sr unsec notes due 2027          BB
   Recovery rating                        4(45%)


PGHC HOLDINGS: Nov. 15 Meeting Set to Form Creditors' Panel
-----------------------------------------------------------
Andy Vara Acting United States Trustee, for Region 3, will hold an
organizational meeting on November 15, 2018, at 10:00 a.m. in the
bankruptcy case of PGHC Holdings, Inc.

The meeting will be held at:

         Delaware State Bar Association
         405 King Street, 2nd Floor
         Wilmington, DE 19801

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

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

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

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

                 About PGHC Holdings

PGHC Holdings, Inc. and its subsidiaries are owner-operators of
quick-service restaurants in New England under the Papa Gino's and
D'Angelo Grilled Sandwiches brands.  Founded in 1961, Papa Gino's
is a local quick-service restaurant pizza chain serving handmade
artisan pizzas. D'Angelo Grilled Sandwiches offers made-to-order
grilled and deli sandwiches, wraps and other freshly-prepared
dishes.

PGHC Holdings, Inc., et. al., sought bankruptcy protection on
November 5, 2018  (Bankr. D. Del. Lead Case No. Case No. 18-12537).
).  The jointly administered cases are pending before Judge Hon.
Mary F. Walrath. The petition was signed by Corey D. Wendland,
chief financial officer.

The Debtor has total estimated assets of $0 to $50,000 and total
estimated liabilities of $50 million to $100 million.

The Debtors tapped Morris, Nichols, Arsht & Tunnell LLP as general
counsel; North Point Advisors LLC as investment banker; CR3
Partners, LLC, as financial & restructuring advisor; Hilco Real
Estate LLC, as real estate and lease consulting advisor; and Epiq
Corporate Restructuring LLC as claims and notice agent.



PHOENIX RISES: Secured Creditor to Get $575K Before Jan. 31
-----------------------------------------------------------
The Phoenix Rises, LLC, filed with the U.S. Bankruptcy Court for
the Eastern District of New York a Second Amended Plan of
Reorganization.

National Loan Investors, L.P. (NLI), a secured creditor, is
expected to receive its claim totaling $575,674.96 on or before
January 31, 2019.

Pursuant to a separate Order of the Court, retroactive to October
1, 2018, and on the first day of each month thereafter, the Debtor
is directed to make monthly adequate protection payments to NLI in
the amount of $3,000.00 each, which are each to be applied to
interest, until the Allowed NLI Secured Claim is paid in full.

Upon the failure of the Debtor to (a) pay the Allowed Secured Claim
of NLI by January 31, 2019 from Exit Financing; or (b) obtain a
Sale Approval Order by January 31, 2019, subject to extension with
the consent of NLI, which shall not be unreasonably withheld; or
(c) close on a Court approved sale by February 28, 2019, and pay
the Allowed NLI Secured Claim in full, by such date; subject to a
60 day extension with the consent of NLI, which shall not be
unreasonably withheld; or (d) the Debtor's failure to make adequate
protection payments to NLI, then NLI may present an order modifying
the automatic stay pursuant to Sec. 362(d)(1) of the Bankruptcy
Code, in order to permit NLI, its successors and assigns, to
enforce all rights and remedies at law and equity under and in
connection with the loan documents and that certain judgment of
foreclosure and sale entered July 25, 2017 in the state court
foreclosure action pending in Kings County bearing Index No.
502070/2013.

Phoenix Rises is represented by:

     Mitchell Greene, Esq.
     ROBINSON BROG LEINWAND GREENE GENOVESE & GLUCK P.C.
     875 Third Avenue, 9th Floor
     New York, NY 10022
     Tel: (212) 603-6300

A full-text copy of the Disclosure Statement dated November 1, 2018
is available at:

      http://bankrupt.com/misc/nyeb18-42184-36.pdf

                     About The Phoenix Rises

The Phoenix Rises, LLC, owns the real property and improvements
located at 934 E. 51st Street, Brooklyn, New York.  Phoenix Rises
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
E.D.N.Y. Case No. 18-42184) on April 19, 2018.  In the petition
signed by Mark Bobb, managing member, the Debtor estimated assets
of $1 million to $10 million and liabilities of less than $1
million. Judge Elizabeth S. Stong presides over the case.


PIERSON LAKES: Sponsors to Get 100%, Plus 4.36% Under Plan
----------------------------------------------------------
Pierson Lakes Homeowners Association filed with the U.S. Bankruptcy
Court for the Southern District of New York its final disclosure
statement and plan of reorganization.

There are two classes of secured claims under the Plan. Both
classes will be paid in full. Likewise, the Creditors in each
unsecured class will receive a distribution of 100% of their
allowed claims.

     *Class 1 consists of the Allowed Secured Claim of Popular Bank
on the First Loan in the present principal amount of $225,176.85.
The Allowed Class 1 Claim shall be paid, inclusive of contract
(non-default) interest set forth in the applicable loan documents,
at the rate of $3,472.38 per month. The payments commenced in April
2018 and shall continue after the Effective Date of the Plan on the
first day of each consecutive month thereafter until October 2024.

     *Class 2 consists of the Allowed Secured Claim of Popular Bank
on the Second Loan in the present principal amount of $200,880.28.
The Allowed Class 2 Claim shall be paid in full, inclusive of
contract (non-default) interest set forth in the applicable loan
documents, at the rate of $2,626.01 per month. The payments
commenced in April 2018 and shall continue after the Effective Date
of the Plan on the first day of each consecutive month thereafter
until January 2026.

     *Class 3 consists of Allowed General Unsecured Convenience
Claims. General Unsecured Convenience Claims means Allowed Claims
that would otherwise be classified as General Unsecured Claims but,
with respect to each Allowed Claim either (i) the aggregate amount
of such claim is less than $2,500.00; or (ii) the aggregate amount
of such claim is reduced to $2,500.00 by agreement with holder of
such claim.

     *Class 4 consists of the Allowed Claim of the Sponsors. The
Sponsors shall receive a 100% distribution on the Allowed Class 4
Claim, plus post–Confirmation Date interest at the rate of 4.36%.
The Allowed Class 4 Claim shall be satisfied by giving the Sponsors
a credit not greater than $339,043.00, representing the balance of
the maintenance credit claimed by the Sponsors as of the Petition
Date running from the Petition Date through and including
approximately December 2019.

     *Class 5 consists of the Allowed Claim of EONS. Claim under
this class shall be paid from the proceeds of the D&O policy,
otherwise, payment shall come from the proceeds of a special
assessment of the Members and levied against all Lots situated in
Phase I, except Lot 12, which is owned by the Sponsors in the same
proportional increments and payment terms described in Class 4 of
the Plan.

     *Class 6 consists of the Members of the PLHA. All present and
future Members of the Development shall retain their ownership
interest in their respective Lots and shall remain subject to the
terms and conditions of the Declaration, the Offering Plan and the
By-laws, as each may be amended.

The Debtor is represented by:

     Gary M. Kushner, Esq.
     Scott D. Simon, Esq.
     GOETZ FITZPATRICK LLP
     One Penn Plaza, 31st Floor
     New York, NY 10119
     Tel: 212-695-8100
     Email: gkushner@goetzfitz.com
            ssimon@goetzfitz.com

A full-text copy of the Disclosure Statement dated November 1, 2018
is available for free at:

            http://bankrupt.com/misc/nysb18-22463-100.pdf

            About Pierson Lakes Homeowners Association Inc.

Pierson Lakes Homeowners Association, Inc., is a tax-exempt
homeowners association based in Sterlington, New York.

Pierson Lakes Homeowners Association filed a Chapter 11 petition
(Bankr. S.D.N.Y. Case No. 18-22463) on March 27, 2018.  In the
petition signed by Sean Rice, president, the Debtor disclosed $1.55
million in assets and $3.49 million in liabilities. The Hon. Robert
D. Drain presides over the case.  Gary M. Kushner, Esq., and Scott
D. Simon, Esq., at Goetz Fitzpatrick LLP, serve as bankruptcy
counsel to the Debtor.


PLASTIC POWERDRIVE: Taps Springer Brown as Counsel
--------------------------------------------------
Plastic PowerDrive Products, LLC, seeks authority from the U.S.
Bankruptcy Court for the Northern District of Illinois (Chicago) to
hire Richard G. Larsen and the law firm of Springer Brown, LLC, as
his attorneys in this bankruptcy case.

Professional services Springer Brown will provide are:

     a. consult with the Debtor concerning its powers and duties as
debtor in possession, the continued operation of its business and
the Debtor's management of the financial and legal affairs of its
estate;

     b. consult with the Debtor and with other professionals
concerning the negotiation, formulation, preparation, and
prosecution of a Chapter 11 plan and disclosure statement;

     c. confer and negotiate with the Debtor's creditors, other
parties in interest, and their respective attorneys and other
professionals concerning the Debtor's financial affairs and
property, Chapter 11 plans, claims, liens, and other aspects of
this case;

     d. appear in court on behalf of the Debtor when required, and
will prepare, file and serve such applications, motions,
complaints, notices, orders, reports, and other documents and
pleadings as may be necessary in connection with this case; and

     e. provide the debtor with such other services as the Debtor
may request and which may be necessary in the circumstances.

Springer Brown's hourly rates are:

     Richard G. Larsen       $405
     David R. Brown          $400       
     Joshua D. Greene        $400

Springer Brown has received a prepetition retainer from the Debtor
in the sum of $7,500, and $1,717 filing fee.

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

Richard G. Larsen, a partner at Springer Brown, 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.

Springer Brown can be reached at:

     Richard G. Larsen, Esq.
     SPRINGER BROWN, LLC
     300 South County Farm Rd., Suite I
     Wheaton, IL 60187
     Tel: (630) 510-0000
     Fax: (630) 510-0004
     E-mail: rlarsen@springerbrown.com

               About Plastic PowerDrive Products

Plastic PowerDrive Products, LLC, has specialized in supplying
high-precision, plastic components to a wide range of demanding
industries such as: computer peripheral equipment, office machines,
power tools, medical devices, gaming equipment and
telecommunications.

Plastic PowerDrive Products filed a voluntary petition under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
18-28907) on Oct. 15, 2018, listing under $1 million in assets and
liabilities.  Richard G. Larsen, Esq., at Springer Brown, LLC,
represents the Debtor.


PLATFORM SPECIALTY: Moody's Rates Proposed $1.08BB Loans 'Ba2'
--------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to Platform
Specialty Products Corporation's proposed credit facilities,
including a $330 million five-year revolver and a $750 million
seven-year term loan. All other ratings remain unchanged and under
review. Proceeds from the proposed credit facilities together will
the expected proceeds from the sale of Platform's Arysta
LifeScience Ltd. agricultural chemicals business will be used to
repay existing senior secured credit facilities and unsecured notes
due in 2022 and 2023. Platform is in the process of selling its
Arysta business to UPL Limited (Baa3 positive) for $4.2 billion in
cash, subject to certain adjustments. The company is targeting an
expected close of the transaction, which is subject to regulatory
approvals, by December 31, 2018. Platform will be renamed Element
Solutions Inc. after the transaction closes.

Assignments:

Issuer: Platform Specialty Products Corporation

  Gtd Senior Secured Bank Credit Facility, Assigned Ba2 (LGD2)

RATINGS RATIONALE

Platform's B2 corporate family rating, B2-PD probability of default
rating and instrument ratings remain under review for upgrade,
which Moody's initiated on July 24, 2018 after the proposed sale of
the Arysta business was announced. The company indicated that it
has received regulatory approvals from Brazil, Colombia, South
Africa and the United States, but is still awaiting approvals from
the European Union and a few other jurisdictions. If the
transaction closes as expected, Moody's expects to upgrade
Platform's corporate family rating to Ba3. Although the divestiture
of Arysta will cut the company's scale and earnings in half and
reduce product diversity, Moody's views the transaction positively
as it will allow the company to improve credit metrics and focus on
a portfolio of specialty chemicals businesses with growth rates in
line with GDP, while also eliminating seasonality and exposure to
commodity crop prices related to the agricultural chemicals
business. Following the sale, Platform's capital structure is
expected to consist of the proposed secured credit facilities and
the existing $800 million unsecured notes due in 2025. The ultimate
rating on the notes (Caa1, RUR-UP) will depend on the amount of the
secured debt in the final capital structure.

Platform's ratings reflect expected moderate leverage following the
sale of the company's agricultural chemicals business, strong
margins supported by the asset-light business model and solid
globally diversified business with leading positions in niche
segments. Pro forma for the sale and new debt issuance, Moody's
expects the company to have debt/EBITDA of 3.9 times in the twelve
months ended September 30, 2018, including Moody's standard
adjustments, and pro forma interest coverage of 5.6 times.
Including $25 million of projected cost synergies due to the
elimination of the holding company costs following the sale of
Arysta, Moody's pro forma adjusted leverage is 3.7 times and
interest coverage would be 5.9 times. The company's management
publicly indicated that it intends to keep unadjusted net leverage
below 3.5 times, which represents a marked shift to a more
conservative financial policy. The proposed credit facilities allow
for issuance of incremental debt not to exceed the greater of $460
million or 1 time consolidated EBITDA plus an unlimited amount up
to 3.5 times first lien net leverage or 5 times senior secured net
leverage or 2 times fixed charge coverage ratio for the unsecured
debt. The rating is constrained by the lack of operating history
under the lower financial leverage target and expectations that
projected free cash flow will be used for share repurchases and M&A
in addition to further debt reduction. Given the company's strong
margins, low capital expenditure requirements and a significant
reduction in interest, the company should generate at least $200
million of free cash flow a year.

Platform's ratings reflect leading positions in electronics and
industrial and specialty chemicals with diverse operations and a
global customer base, but also significant exposure to cyclical end
markets such as automotive, construction and oil & gas production
as well as exposure to foreign currencies and commodity metal
prices. Most of the products Platform sells are consumable and are
not tied to new capital investments which should provide greater
revenue stability. Platform's electronics business (63% of sales)
is focused on assembly solutions (50% of the segment) and circuit
board technology (35%) for consumer electronics, such as cell
phones and TVs, telecom infrastructure, auto electronics, servers
and data storage and medical and aerospace. The company's exposure
to the cyclical semiconductor industry is only 9% of sales and
Platform's products for this end market are also consumable and do
not depend on project-based capex. The company's industrial
solutions segments (37% of sales) is exposed to some cyclical
markets such as automotive, construction, consumer electronics, oil
and gas production and consumer packaged goods. Platform's
automotive segment growth depends not only on automotive sale
trends but on the increase of its products usage in vehicles due to
ongoing trend for lightweighting and fuel efficiency as well as
increasing usage of electronics. Moody's believes that this is a
portfolio of high margin specialty chemicals and materials that
should generate organic growth at or above GDP, however Moody's
also expects the company to pursue targeted M&A to supplement its
organic growth in areas where it does not have sufficient scale or
leadership positions.

Moody's expects the company to maintain good liquidity supported by
cash balances, free cash flow generation and availability under its
revolving facility. Pro forma for the transaction, Platform is
projected to have over $400 million in cash and full availability
under the new $330 million five-year revolving facility. The
revolver will have a springing first lien net leverage ratio
covenant of 5 times if it is more than 30% drawn. There is
significant headroom under the covenant and Moody's does not
anticipate the covenant to be triggered. The company is expected to
generate at least $200 million of free cash flow (excluding costs
related to the transaction).

The Ba2 rating on the proposed secured credit facilities reflects
their senior position in the proposed capital structure. The credit
facilities are secured by first lien on the assets of the borrower
and guarantors, which include domestic subsidiaries. The borrower
and guarantors generate roughly 20% of EBITDA, excluding corporate
overhead in the US, and roughly 30% of assets.

The other ratings remain under review for upgrade. The review will
focus on the closure of the transaction as expected, ultimate
capital structure and on management's appetite for acquisitions and
share repurchases over the next several years, along with its
willingness to take net leverage above its target range of
3.0x-3.5x, even temporarily, to accelerate growth and meet
shareholders expectations.

Headquartered in West Palm Beach, Florida, Platform Specialty
Products Corporation (Platform) is a public company that produces a
wide array of specialty chemicals and materials primarily sold into
the industrial and agricultural markets. Pro forma for the sale of
the agricultural chemicals business, the company had sales of $1.97
billion in the twelve months ended September 2018 and Moody's
adjusted EBITDA of approximately $443 million. Platform was founded
by investors Martin Franklin and Nicolas Berggruen in 2013 as an
acquisition vehicle focused on the specialty chemical industry.


PLATFORM SPECIALTY: S&P Affirms 'BB-' ICR, Outlook Stable
---------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' issuer credit ratings on
Platform Specialty Products Corp. and its subsidiary MacDermid Inc.
The outlooks remain stable.

S&P said, "At the same time, we assigned our 'BB' issue-level
rating (one notch above the issuer credit rating) and '2' recovery
rating to Platform Specialty Products Corp.'s proposed $1.08
billion senior secured credit facility. The '2' recovery rating
indicates our expectation for substantial (70%-90%; rounded
estimate: 85%) recovery in the event of a payment default. The
borrowers on the proposed facility are Platform Specialty Products
Corp. and MacDermid Inc.

"Additionally, we affirmed our 'BB-' issue-level rating on the
company's existing senior secured debt. The '3' recovery rating
remains unchanged, indicating our expectation for meaningful
recovery (50%-70%; rounded estimate: 65%) in the event of a payment
default. We expect to withdraw our ratings on this debt at close of
the deal once it has been fully repaid.

"We also affirmed our 'B+' issue-level rating on Platform's
unsecured debt. The '5' recovery rating remains unchanged,
indicating our expectation for modest (10%-30%; rounded estimate:
10%) recovery in the event of a payment default.

"Upon the close of the company's sale of its Agricultural Solutions
Business to UPL Ltd. and the repayment of all of its existing debt,
other than the $800 million unsecured notes due 2025, we will raise
our issue-level rating on the unsecured notes to 'BB-' and revise
the recovery rating to '4'. We will also withdraw all of our other
issue-level and recovery ratings at that time.

"Our ratings on Platform Specialty Products Corp. consider the
company's transformation plan and its intention to mainly use the
proceeds from the sale of its Agricultural Solutions Business to
pay down a meaningful portion of its outstanding debt. We believe
that the company's loss of business diversity and scale due to the
sale will negatively affect our assessment of its pro forma
business. Importantly, we note that the company will more than
offset the loss of EBITDA, mainly by paying down its debt with the
proceeds from the sale, such that its FFO-to-total debt ratio
improves to near 20% on a weighted average basis from around 7% as
of the end of the second quarter of 2018.

"The stable outlook on Platform reflects our view that the
transaction--as outlined by the company--is credit neutral because
the improvement in its credit measures will be offset by the loss
of EBITDA and diversity from the divestiture of its agriculture
segment. This assumes that the company executes the transaction on
a timely basis and utilizes the proceeds to pay down around $4
billion of its debt. A key assumption we make is that the company
will adhere to its stated long-term debt leverage target of
3.0x-3.5x (which is roughly in line with what we expect its
adjusted metrics to be). We anticipate that the company will be
prudent with its shareholder rewards, growth opportunities, and
capital spending, especially during potential downturns, so that it
can maintain this targeted level of debt leverage. We expect the
company to at least sustain its high profitability with EBITDA
margins of over 20%. We expect Platform's FFO-to-total debt ratio
to be around 20% at the current rating if the transaction proceeds
as planned. We believe that its credit quality will remain
unchanged if the transaction does not proceed and there is no
resulting impact on its operating performance or capital structure
due to the cancellation. In such a scenario, we expect the combined
business (specialty chemicals and agricultural chemicals) to
maintain a FFO-to-total debt ratio of less than 12%.

"We could lower our ratings on Platform in the next year if the
company is unable to execute its plan to reduce its debt such that
its FFO-to-debt ratio remains below 12% following the transaction.
We could also lower the ratings if unexpected weakness in global
demand or raw-material cost pressures constrain the improvement in
its debt leverage despite the transaction proceeding as envisaged.
We could also lower the rating if the transaction does not go ahead
and the company's FFO-to-total debt ratio weakens from 2017
levels.

"We could raise our ratings on Platform by one notch in the next
year if its earnings exceed our expectations such that its
FFO-to-total debt ratio rises above 20% and we believe that
management will be committed to maintaining it at this level. We
believe this could occur if the company improves its profitability
beyond our current expectations on higher-than-anticipated levels
of demand in the autos and consumer electronics end markets."


PREMIER EXHIBITIONS: Sale to Lenders Group for $19.5M Okayed
------------------------------------------------------------
BankruptcyData.com reported that the Court hearing the Premier
Exhibitions case approved the (i) asset purchase agreement ("the
APA") between the Debtors and Premier Acquisition Holdings (the
'Stalking Horse Purchaser'), a Delaware limited liability company
formed by affiliates of members of the Ad Hoc Group, the Secured
Lenders, and PacBridge Capital Partners (HK) for a purchase price
of $19,500,000, (ii) authorizing the sale of the the debtors'
transferred assets and (iii) approving a settlement with the
Pacbridge parties.

                      About RMS Titanic

Premier Exhibitions, Inc. (Nasdaq: PRXI), located in Atlanta,
Georgia, is a presenter of museum quality exhibitions throughout
the world.  Premier -- http://www.PremierExhibitions.com/--
develops and displays unique exhibitions for education and
entertainment including Titanic: The Artifact Exhibition, BODIES.
The Exhibition, Tutankhamun: The Golden King and the Great
Pharaohs, Pompeii The Exhibition, Extreme Dinosaurs and Real
Pirates in partnership with National Geographic.  The success of
Premier Exhibitions lies in its ability to produce, manage, and
market exhibitions.

RMS Titanic and seven of its subsidiaries filed voluntary petitions
for reorganization under Chapter 11 of the Bankruptcy Code (Bankr.
M.D. Fla. Lead Case No. 16-02230) on June 14, 2016.  In the
petitions signed by former CFO and COO Michael J. Little, the
Debtors estimated both assets and liabilities of $10 million to $50
million.

The Chapter 11 cases are assigned to Judge Paul M. Glenn.

Daniel F. Blanks, Esq., and Lee D. Wedekind, III, Esq., at Nelson
Mullins Riley & Scarborough LLP, serve as the Debtors' counsel.
The Debtors employ Brian A. Wainger, Esq., at Kaleo Legal as
special litigation counsel, outside general counsel, securities
counsel, and conflicts counsel; Robert W. McFarland, Esq., at
McGuireWoods LLP as special litigation counsel; Steven L. Berson,
Esq., at Dentons US LLP and Dentons Canada LLP as outside general
counsel and securities counsel; Oscar N. Pinkas, Esq., at Dentons
LLP as outside general counsel and securities counsel.

The Debtors also employed Ronald L. Glass as Chief Restructuring
Officer and GlassRatner Advisory & Capital Group, LLC, as financial
advisors.

Guy Gebhardt, acting U.S. trustee for Region 21, on Aug. 24, 2016,
appointed three creditors to serve on an official committee of
unsecured creditors.  The Committee hired Avery Samet, Esq. and
Jeffrey Chubak, Esq., at Storch Amini & Munves PC, and Richard R.
Thames, Esq. and Robert A. Heekin, Jr., Esq., at Thames Markey &
Heekin, P.A., as counsel.

The official committee of equity security holders of Premier
Exhibitions Inc. retained Peter J. Gurfein, Esq., at Landau
Gottfried & Berger LLP as counsel; Jacob A. Brown, Esq., and
Katherine C. Fackler, Esq., at Akerman LLP as Co-Counsel; and Teneo
Securities LLC as financial advisor.


PROCESS AMERICA: Hires SLBiggs as Accountant
--------------------------------------------
Process America, Inc., seeks authority from United States
Bankruptcy Court for the Central District of California (San
Fernando Valley) to hire to employ SLBiggs, A Division of
SingerLewak, as accountant to the Debtor.

Process America requires SLBiggs to:

     a. perform a tax analysis and provide financial advice and
consulting services to Debtor ad Debtor's CRO related to analysis
of Debtor's tax obligations;

     b. prepare Federal and State tax returns and all required
accompanying accounting, statements and schedules, and coordinate
the filing of returns with Special Procedures/Bankruptcy units of
the State and Federal taxing authorities;

     c. review Debtor's books and records, and prepare accounting
and financial reports as may be necessary to perform the services
identified;

     d. perform other accounting, tax and consulting work, as may
be required, to assist the Debtor, Debtor's CRO and attorneys in
the administration of the bankruptcy case and disposition of
assets.

SLBiggs will be paid on these hourly rates:

     Samuel R. Briggs - Partner                $525
     Brian Landau, Partner                     $450
     Erin Corriveau, Directors              $350 to $400
     Managers/Supervising Accountants       $200 to $285
     Senior and Junior Accountants          $115 to $195
     Paraprofessionals                      $100 to $125

Samuel R. Biggs, a partner at SLBiggs, 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.

SLBiggs can be reached at:

     Samuel R. Biggs
     SLBIGGS, A DIVISION OF SINGERLEWAK, LLP
     10960 Wilshire Boulevard Floor 7
     Los Angeles, CA 90024
     Tel: (310) 477-3924

                     About Process America

Based in Canoga Park, California, Process America, Inc., filed a
voluntary petition under Chapter 11 of the title 11 of the US
Bankruptcy Code (Bankr. C.D. Cal. Case no. 12-19998) on Nov. 12,
2012.  Ron Bender, Esq. at LEVENE, NEALE, BENDER, YOO & BRILL LLP,
represents the Debtor.  Judge Maureen Tighe presides over the case.
At the time of filing, the Debtor estimated $1 million to $10
million in assets and $10,000,001 to $50,000,000 in liabilities.


PROMISE HEALTHCARE: Nov. 13 Meeting Set to Form Creditors' Panel
----------------------------------------------------------------
Andy Vara Acting United States Trustee, for Region 3, will hold an
organizational meeting on November 13, 2018, at 10:00 a.m. in the
bankruptcy cases of Promise Healthcare Group LLC, et al.

The meeting will be held at:

         United States Trustee Meeting Room
         Earle Cabell Federal Building
         1100 Commerce Street, Room 524
         Dallas, Texas 75242

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

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

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

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

                       About Promise Healthcare

Established in 2003, Promise Healthcare is a is a specialty
post-acute care health company headquartered in Boca Raton,
Florida.

Promise Healthcare Group, LLC, et. al., sought bankruptcy
protection on November 4, 2018  (Bankr. D. Del. Lead Case No. Case
No. 18-12491). The petition was signed by Andrew Hinkelman, chief
restructuring officer.

The Debtor has total estimated assets of $0 to $50,000 and total
estimated liabilities of $50 million to $100 million.

The Debtors tapped DLA Piper LLP and Waller Lansden Dortch & Davis,
LLP as general counsel; FTI Consulting, as financial and
restructuring advisor; Houlihan Lokey and MTS Health Partners,
L.P., as investment bankers; and Prime Clerk LLC as claims agent.


PUMAS CAB: To Surrender 2 Taxi Medallions to Secured Creditor
-------------------------------------------------------------
Pumas Cab Corp. amended the disclosure statement explaining its
Chapter 11 plan of reorganization to disclose that it has reached
an agreement to offer secured creditor Melrose Credit Union a
surrender of two taxi medallions #7N82 and #7N84, which serve as
collateral of the loan.  Further, the Amended Plan offers Melrose
an amount of $262,500 in full settlement of the total amount of the
resulting deficiency, in one lump sum payment, to be paid within 30
days of the entry of an order approving the settlement agreement.

A copy of the Amended Disclosure Statement is available at
https://tinyurl.com/y8cwglek from PacerMonitor.com at no charge.

                      About Pumas Cab Corp.

Pumas Cab Corp. is a small business debtor as defined in 11 U.S.C.
Section 101(51D) under the taxi and limousine service industry.  It
is an affiliate of Quizphi Cab Corp., which sought bankruptcy
protection (Bankr. E.D.N.Y. Case No. 17-44085) on Aug. 7, 2017.

Pumas Cab Corp., based in Astoria, New York, filed a Chapter 11
petition (Bankr. E.D.N.Y. Case No. 17-44151) on Aug. 10, 2017.  In
the petition signed by Nelly Lucero, secretary, the Debtor
disclosed $12,415 in assets and $2.64 million in liabilities.  The
Hon. Carla E. Craig presides over the Pumas Cab case.



REBUILTCARS CORP: Court Confirms 3rd Amended Plan
-------------------------------------------------
The Bankruptcy Court has approved the third amended disclosure
statement and confirmed the third amended plan of reorganization
filed by Rebuiltcars Corporation.  A post-confirmation hearing will
be held on November 14, 2018 at 10:30 a.m.

The Third Amended Disclosure Statement provides that, in general,
the Debtor will pay Administrative Claims, two Unclassified Classes
and two classes of Creditors Claims (Class One has five sub
classes).

The source of payment for these claims will be the Debtor's
income.

With respect to the Creditor Claims:

   1. The following parties have filed secured claims and are now
being treated as secured under the Plan except as stated:

      Class 1A - First Home Bank
      Class 1B - Swift Capital
      Class 1C - Automobile Finance Corporation
      Class 1D - 1st Global Capital
      Class 1E - Capital Merchant Services, LLC

   2. For taxes to the Department of the Treasury-Internal Revenue
Service for $4,290.07 priority unsecured (Unclassified) and
Illinois Department of Revenue for $515.19 (Unclassified).  

   3. One Superpriority Class of First Home Bank to be paid
$17,213.69 based upon value of inventory.  

   4. One class of unsecured claims totaling $56,535.16 which does
not include Disallowed Claims or Claims that are currently Objected
to: The unsecured class (Class 2) contains all of the Allowed and
not Objected to unsecured non-priority claims against the Debtor
which includes general unsecured claims as listed on the Disclosure
Statement.  The Plan provides that this class of claims be paid at
$424.02 per month pro rata (45%).
  
   5. Secured Claims will be paid interest on payments subsequent
to April 14, 2017 at the rate of interest if one is stated in the
Plan except for the  secured claim of the Internal Revenue Service
(4%).

   6. Any uncashed checks or returned distributions will be the
property of the Debtor.  The Debtor advises all Creditors and other
parties-in-interest that under Section 1127(a) of the Bankruptcy
Code, the Debtor may, within certain limits, modify the Plan at any
time before confirmation.  Further negotiations between the Debtor
and one or more of their creditors may result in such
modifications.  The Debtor does not expect or intend to agree to
modifications that would materially and adversely influence the
feasibility of the Plan as now constituted.  The Debtor will bring
all such proposed modifications to the attention of the Bankruptcy
Court by appropriate pleading before they become effective.

The Debtor will make all payments out of its future income from
operation of its business.  The Debtor expects to receive net
income sufficient to pay all Claims.  The Debtor intends to
continue the operations of its business which, based upon
historical data, should generate a profit sufficient to pay the
monies required under the Plan.  All distributions under the Plan
will be made from the Debtor.

A copy of the Third Amended Disclosure Statement from
PacerMonitor.com is available at https://tinyurl.com/y9ekqo86 at no
charge.

                     About Rebuiltcars Corp

Rebuiltcars Corporation filed a Chapter 11 petition (Bankr. N.D.
Ill. Case No. 17-11811) on April 14, 2017.  The petition was signed
by Mindaugas Kazakevicius, president.  The Debtor estimated $50,000
to $100,000 in assets and $500,000 to $1 million in liabilities.
The case is assigned to Judge Timothy A. Barnes.  The Debtor is
represented by Paul M. Bach, Esq., at the Bach Law Offices.



RELAY SHOE: Nov. 28 Plan and Disclosure Statement Hearing Set
-------------------------------------------------------------
The Bankruptcy Court has approved, on an interim basis, the
disclosure statement explaining the combined plan and disclosure
statement filed by The Relay Shoe Company, f/k/a The Rockport
Company, LLC, and its debtor affiliates.

A hearing to consider (a) final approval of the Combined Plan and
Disclosure Statement as containing adequate information within the
meaning of Section 1125 of the Bankruptcy Code and (b) confirmation
of the Combined Plan and Disclosure Statement will be held on
November 28, 2018 at 10:00 a.m. (Eastern Time).  The Confirmation
Hearing may be continued from time to time without further notice
other than the announcement by the Debtors in open court of the
adjourned date(s) at the Confirmation Hearing or any continued
hearing or as indicated in any notice filed with the Bankruptcy
Court.

All objections and responses to confirmation of the Plan or the
final approval of the adequacy of the Combined Plan and Disclosure
Statement must: be filed on or before November 19, 2018.

The Official Committee of Unsecured Creditors applauded the
Debtors' consummation of a sale that resulted in the assumption of
tens of millions of dollars of unsecured claims, and says it
supports the Debtors' efforts to wind down their estates through
the proposed Plan.  The Committee, however, complained that the
Disclosure Statement does not currently provide sufficient
information for creditors to make an informed judgment about the
Plan, and therefore fails to meet the requirements Section 1125(b),
for the following reasons:

   * First, the Plan contemplates the payment of administrative and
priority claims in full, as required by section 1129(a)(9) but
fails to demonstrate that there will actually be sufficient funding
to make the necessary payments.

   * The Disclosure Statement projects a range of 0-8% as the
recovery for general unsecured creditors of the U.S. Debtors, but
it lacks any context for how the Debtors arrived at that figure and
where within this range the Debtors think it is most likely that
recoveries will fall.

   * The Committee has not been provided with a liquidation
analysis as of the filing hereof, and the Committee therefore
reserves its right to supplement this objection or to seek an
adjournment of the hearing to approve the Disclosure Statement.

The Committee's Objection was filed by Christopher M. Samis, Esq.,
L. Katherine Good, Esq., and Aaron H. Stulman, Esq., at Whiteford,
Taylor & Preston LLC, in Wilmington, Delaware; and Jay R. Indyke,
Esq., Robert Winning, Esq., and Sarah A. Carnes, Esq., at Cooley
LLP, in New York.

             About The Rockport Company

The Rockport Company, LLC, and its subsidiaries are global
designers, distributors, and retailers of comfort footwear in more
than 50 markets worldwide.

The Rockport Company, et al., sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Case No. 18-11145) on May 14, 2018,
estimating under $100 million to $500 million in assets and
liabilities.

The Chapter 11 petitions were signed by Paul Kosturos, the Debtors'
interim chief financial officer.

Debtor Rockport Canada ULC is the operating entity for the Debtors'
business in Canada.  Rockport Canada is a wholly-owned subsidiary
of Rockport, and all material decisions regarding Rockport Canada
and its operations are made by Rockport personnel in the United
States. Accordingly, the center of main interests for Rockport
Canada is located in the United States.  On May 16, 2018, the
Debtors commenced an ancillary proceeding under Part IV of the
Companies' Creditors Arrangement Act (Canada) in Toronto, Ontario,
Canada before the Ontario Superior Court of Justice (Commercial
List).

The Debtor's counsel are Mark D. Collins, Esq., Michael J.
Merchant, Esq., Amanda R. Steele, Esq., Brendan J. Schlauch, Esq.,
and Megan E. Kenney, Esq., at Richards, Layton & Finger, P.A.  The
Debtors' Canadian bankruptcy counsel is Borden Ladner Gervais LLP;
their investment banker is Houlihan Lokey Capital, Inc.; and their
restructuring and interim management advisor is Alvarez & Marsal
North America LLC.  Prime Clerk serves as the Debtors' claims,
noticing agent and administrative advisor.  Deloitte Tax LLP, as
tax service provider.

Counsel to the Prepetition Noteholders and DIP Note Purchasers are
My Chi To, Esq., and Daniel E. Stroik, Esq., at Debevoise &
Plimpton LLP; Bradford J. Sandler, Esq., and James E. O'Neill,
Esq., at Pachulski Stang Ziehl & Jones LLP.

Counsel to the Collateral Agent and DIP Notes Agent are Joshua
Spencer, Esq., at Holland & Knight LLP; and Bradford J. Sandler,
Esq., and James E. O'Neill, Esq., at Pachulski Stang Ziehl & Jones
LLP.

Counsel to the ABL Administrative Agent and DIP ABL Agent are
Donald E. Rothman, Esq., Lon M. Singer, Esq., Jaime Rachel Koff,
Esq., and Jeremy Levesque, Esq., at Riemer Braunstein LLP; and
Gregory A. Taylor, Esq., at Ashby & Geddes, P.A.

Counsel to CB Marathon Opco, LLC, an affiliate of Charlesbank
Equity Fund IX, Limited Partnership, the Stalking Horse Bidder, are
Jon Herzog, Esq., Joseph F. Bernardi, Jr., Esq., and William
Weintraub, Esq., at Goodwin Procter LLP; and David Fournier, Esq.,
and Evelyn Meltzer, Esq., at Pepper Hamilton LLP.

The U.S. Trustee for Region 3 on May 23, 2018, appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of The Rockport Company LLC.  The Committee
taps Jay R. Indyke, Esq., Robert Winning, Esq., Sarah A. Carnes,
Esq., and Lauren A. Reichardt, Esq., at Cooley LLP, in New York;
and Christopher M. Samis, Esq., L. Katherine Good, Esq., and Aaron
H. Stulman, Esq., at Whiteford, Taylor & Preston LLC, in
Wilmington, Delaware.



REX ENERGY: Court Confirms Amended Plan of Liquidation
------------------------------------------------------
BankruptcyData.com reported that the Court hearing the Rex Energy
Corporation case issued an order confirming the Debtors' Amended
Plan of Liquidation.

The Debtors shifted to a Plan of Liquidation from a Plan of
Reorganization after the sale of substantially all of the Debtors'
assets for $600.5 million to PennEnergy Resources.

BankruptcyData noted that "The Original Plan, as described in the
Original Disclosure Statement, included a 'toggle' feature,
toggling from a sale-focused plan to a debt-for-equity plan based
on the outcome of the Debtor's ongoing sale process. Specifically,
the sale-based trajectory in the Original Plan provided the
framework for an organized liquidation of the Debtors following
entry of an order approving the sale of the Debtors; assets to a
third party and the consummation of such sale.  On August 31, 2018,
the parties focused efforts in connection with the sale of the
Debtor's assets culminated in the entry of an order (Docket No.
8410 (the 'Sale order') approving the sale of substantially all of
the Debtors' assets to PennEnergy Resources, LLC. Upon entry of the
Sale Order, the Debtors' path forward to concluding these cases
crystalized: the Debtors would follow the sale-based path in the
Original Plan. To refine the means for concluding these cases and
supplement the framework already set forth in the Original Plan,
the Debtors filed the Amended Plan of Liquidation and the Amended
Disclosure Statement for Amended Plan of Liquidation."

Iin respect of claims, classes, voting rights and projected
recoveries:
  
Class 1 ("Priority Claims") are considered unimpaired and are
deemed to accept/ not entitled to vote. The projected approximate
amount of allowed claims/interests is $20-$25 million and projected
Plan recovery is 100%.

Class 2 ("Prepetition Second Lien Claims") are considered impaired
and are entitled to vote. The projected approximate amount of
allowed claims/interests is $615-$620 million and projected Plan
recovery is 26% -28%.

Class 3 ("Other Secured Claims") are considered unimpaired and are
deemed to accept/not entitled to vote. The projected approximate
amount of allowed claims/interests is $0-$500,000 and projected
Plan recovery is 100%.

Class 4 ("General Unsecured Claims") are considered impaired and
are deemed to reject/ not entitled to vote. The projected
approximate amount of allowed claims/interests is $0 - $5 million5
and projected Plan recovery is 0%.

Class 5 ("Intercompany Claims") are considered impaired and are
deemed to reject/ not entitled to vote. The projected approximate
amount of allowed claims/interests is N/A and projected Plan
recovery is N/A.

Class 6 ("Section 510(b) Claims") are considered impaired and are
deemed to reject/not entitled to vote. The projected approximate
amount of allowed claims/interests is $0 and projected Plan
recovery is 0%.

Class 7 ("Interests") are considered impaired and are deemed to
reject/ not entitled to vote. The projected approximate amount of
allowed claims/interests is N/A and projected Plan recovery is
N/A.

                      About Rex Energy Corp.

Rex Energy Corporation -- http://www.rexenergy.com/-- and its
subsidiaries are independent oil and gas companies operating in the
Appalachian Basin, engaged in the acquisition, production,
exploration and development of oil, natural gas and natural gas
liquids.  They are focused on drilling and exploration activities
in the Marcellus Shale, Utica Shale and Upper Devonian Shale.  Rex
Energy is headquartered in State College, Pennsylvania and became a
public company in 2007.  

On May 18, 2018, Chapter 11 cases were filed by Rex Energy
Corporation (Bankr. W.D. Pa. Case No. 18-22033) and its affiliates
R.E. Gas Development, LLC (Bankr. W.D. Pa. Case No. 18-22032), Rex
Energy Operating Corp. (Case No. 18-22034), and Rex Energy I, LLC
(Case No. 18-22035).  R.E. Gas Development is the lead case.

In the petitions signed by Thomas C. Stabley, president and CEO,
the Debtors listed total assets of $851,000,957 and total debt of
$984,529,090 as of April 30, 2018.

Judge Jeffery A. Deller presides over the cases.

James D. Newell, Esq., Timothy P. Palmer, Esq., and Tyler S.
Dischinger, Esq., at Buchanan Ingersoll & Rooney PC and Scott J.
Greenberg, Esq., Michael J. Cohen, Esq., Anna Kordas, Esq., Thomas
A. Howley, Esq., and Rachel Biblo Block, Esq., at Jones Day, serve
as the Debtors' bankruptcy counsel.

The Debtors tapped Perella Weinberg Partners as their investment
banker; FTI Consulting, Inc., as financial advisor; and Prime Clerk
LLC as claims and noticing agent.

The Office of the U.S. Trustee for Region 3 appointed an official
committee of unsecured creditors on May 29, 2018.  The Committee
tapped Brown Rudnick LLP as its lead counsel; and Leech Tishman
Fuscaldo & Lampl, LLC, as its local counsel.


RYNARD PROPERTIES: To Sell Housing Project to Fund Exit Plan
------------------------------------------------------------
Rynard Properties Hilldale, LP, filed a plan of reorganization and
accompanying disclosure statement proposing to improve the
occupancy rate of the multi-family housing project located at 3500
Westline Dr., in Memphis, Tennessee, and sell the Property through
Foresite Realty Management, LLC, to pay the Debtor's secured claims
and other creditors.

Pending the consummation of the Sale of Project, Class 1 Secured
Claims will receive no payments. Foresite will have one year from
the Effective Date of Plan to market and sell the Project. If the
Project is not sold within the one-year period the Project may be
sold at auction or at the election of Wells Fargo foreclosed.

The payments to be made under the Plan pending Sale of Project will
come from several sources: First, available cash on hand on the
Effective Date and income from operation of the Project will be
used in making the payments to Administrative Class under the Plan
pending the Sale of Project.

On or after the Effective Date, the Reorganized Debtor through
operation of the Project under Foresite operating funds of Project
will provide sufficient amounts to fund the payments to Class 2
Unsecured Priority Claims in the estimated amount of $3,710.00.

Class 3 will receive payment of all funds up to the amount of their
claims after closing costs and payment of Class 1 from the Sale of
the Project.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y9lox4u3 from PacerMonitor.com at no charge.

                About Rynard Properties Hilldale

Rynard Properties Hilldale LP, a Tennessee limited partnership,
operates a 148-unit multifamily apartment complex of Section 8
housing named Hilldale Apartments in the Frayser area of Memphis,
Tennessee, and currently has LEDIC operating the complex as
leasing
agent.

Rynard Properties Hilldale LP, based in Fishers, IN, filed a
Chapter 11 petition (Bankr. W.D. Tenn. Case No. 16-31248) on Dec.
7, 2016.  The petition was signed by John Bartle, Chief Restr.
Off.
& Sec. for GP, Hilldale GP, LLC.  The Debtor estimated $1 million
to $10 million in both assets and liabilities at the time of the
filing.

The case is assigned to Judge Jennie D. Latta.

The Debtor hired the Law Office of Toni Campbell Parker as its
legal counsel; Foresite Realty Management, LLC as real property
manager; and Foresite Realty Partners, LLC as real estate broker.


SALVADOR CORDERO: Trustee's $2.2M Sale of Kihei Property Approved
-----------------------------------------------------------------
Judge Robert J. Faris of the U.S. Bankruptcy Court for the District
of Hawaii authorized Richard A. Yanagi, the duly appointed and
Chapter 11 Trustee for the estate of Salvador Cacho Cordero, to
sell interest in the real property commonly referred to as 1794 S.
Kihei Road, Kihei, Hawaii ("Aloha Marketplace") to Michael Russell
and Nathan St. Cyr or their nominee for $2 million.

A hearing on the Motion was held on Oct. 22, 2018 at 2:00 p.m.

The sale is "as is," free and clear of any and all liabilities,
encumbrances, interests, or claims.

The escrow is authorized to disburse sale proceeds on the terms set
forth in the Purchase Agreement and Amendment, including: (i) any
ordinary and customary closing costs of sale including, standard
seller's title policy, real property taxes, conveyance tax, and
recordation fees; (ii) a commission of 5% to be split between the
Trustee's realtor, Moffett Properties, and the Buyers' realtor,
McEntire Realty; and (iii) the balance of proceeds to be held in
escrow pending agreement between the Trustee and First Hawaiian
Bank or further order of the Court.

The Order will (a) be effective, binding and enforceable
immediately upon entry, and (b) not be stayed pursuant to Rule
6004(h) of the Federal Rules of Bankruptcy Procedure.

Pursuant to Rules 2002, 6004 and 9014 of the Federal Rules of
Bankruptcy Procedure and Rule 54(b) of the Federal Rules of Civil
Procedure, the Court determines that there is no just reason for
delay and expressly directs that the Order will be entered as a
final judgment.

                   About Salvador Cacho Cordero

Salvador Cacho Cordero sought Chapter 11 protection (Bankr. D.
Hawaii Case No. 17-01071) on Oct. 15, 2017.  The Debtor tapped
Ramon J. Ferrer, Esq., at Law Office of Ramon J. Ferrer, as
counsel.

On Jan. 17, 2018, the Trustee was appointed as chapter 11 trustee
of the Debtor's estate.

On Jan. 22, 2018, the Court authorized the Trustee to employ Choi &
Ito as counsel.

On April 20, 2018, the Court authorized the Trustee to employ
Moffett Properties to assist the Trustee with marketing and selling
certain properties.


SAM INDUSTRIAS: Chapter 15 Case Summary
---------------------------------------
Chapter 15 Debtor:          SAM Industrias S.A.
                            Km 5 da RJ 115 - Rodovia Nova Iguacu
                            Adrianopolis, Santa Rita
                            Nova Iguacu, Rio de Janei 27700-000
                            Brazil


Business Description:       SAM Industrias S.A. is engaged in the
                            manufacture of plated/laminated, wire
                            and bars made of copper.  Sam
                            Industrias also invests in other
                            companies.

Chapter 15 Petition Date:   November 8, 2018

Court:                      United States Bankruptcy Court
                            Southern District of Florida (Miami)

Chapter 15 Case No.:        18-23941

Judge:                      Hon. Robert A. Mark

Foreign Representative:     Carlos Magno, Nery e Medeiros
                            Sociedade de Advogados
                            Avenida Almirante Barroso, 97
                            Grupo 408
                            Rio de Janeiro, RJ 20031- 0050
                            Brazil

Foreign Proceeding
in Which Appointment
of the Foreign
Represetative
Occurred:                   Case No. 0002017-60.2007.8.19.0001,
                            2nd Business Court of the City of Rio
                            de Janeiro

Foreign
Representative's
Counsel:                    Gregory S. Grossman, Esq.
                            SEQUOR LAW PA
                            1001 Brickell Bay Drive, 9th Floor
                            Miami, FL 33131
                            Tel: (305) 372-8282
                            Email: ggrossman@sequorlaw.com

                              - and -

                            Nyana A. Miller, Esq.
                            SEQUOR LAW P.A.
                            1001 Brickell Bay Dr., 9th Floor
                            Miami, FL 33131
                            Tel: 305-372-8282x296
                                (304)372-8282
                            Email: nmiller@sequorlaw.com

Estimated Assets:           Unknown

Estimated Debts:            Unknown

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

            http://bankrupt.com/misc/flsb18-23941.pdf


SAN FRANCISCO SHIP: Hires Larson Gross as Accountant
----------------------------------------------------
San Francisco Ship Repair, Inc., seeks approval from the U.S.
Bankruptcy Court for the Western District of Washington to hire
Larson Gross PLLC as its accountant for Chapter 11 counsel for SFSR
for the limited purpose of preparing SFSR's 2017 income tax return,
and any income future tax returns that it may need to complete.

Larson Gross neither represents nor holds any interest adverse to
the interest of the Debtor's estate, according to court filings.

The firm can be reached through:

     Daniel Obbink
     Larson Gross PLLC
     2211 Rimland Dr., Suite 422
     Bellingham, WA  98226
     Phone: 360 734 4280
     Fax: 360 734 4893

                About San Francisco Ship Repair

San Francisco Ship Repair, Inc., was formerly engaged in the
business of ship and boat building and repairing before it ceased
operations in May 2017.  

The Company's parent, Puglia Engineering Inc., sought bankruptcy
protection on April 14, 2018 (Bankr. W.D. Wash. Case No.
18-41324).

Based in Bellingham, Washington, San Francisco Ship Repair filed a
Chapter 11 petition (Bankr. W.D. Wash. Case No. 18-41350) on April
17, 2018.  In the petition signed by Neil Turney, president, the
Debtor disclosed $8.03 million in liabilities.  The case is
assigned to Judge Mary Jo Heston.  Steven J. Reilly, Esq., at The
Tracy Law Group PLLC, serves as counsel to the Debtor.


SANCHEZ ENERGY: S&P Lowers ICR to 'CCC', Outlook Negative
---------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Sanchez
Energy Corp. to 'CCC' from 'B' and revised the outlook to negative
from stable.

S&P said, "At the same time, we lowered our issue-level rating on
Sanchez' $500 million senior secured notes to 'B-' from 'BB-'. The
recovery rating is '1', indicating our expectation of very high
(90% to 100%; rounded estimate: 95%) recovery in the event of a
payment default.

"We also lowered the issue-level rating on the company's senior
unsecured debt to 'CCC-' from 'B-'. The recovery rating on the
unsecured debt is '5', indicating our expectation of modest
(10%-30%; rounded estimate: 20%) recovery in the event of a payment
default.

"The downgrade reflects our view that Sanchez' capital structure is
unsustainable and that the risk of debt restructuring is high. The
company has faced operational challenges and lower-than-expected
production growth since the "Comanche" acquisition of Eagle Ford
assets from Anadarko in March 2017. As a result, we expect leverage
to remain well in excess of 5x in 2018 and 2019. In addition,
Sanchez put in place a complex financial structure with its
financial partner GSO (an affiliate of Blackstone) at the time of
the acquisition, effectively ring-fencing a portion of the cash
flow from these new assets.

"The negative outlook incorporates Sanchez' elevated leverage and
our view that the risk of a distressed debt exchange is high.
Although we are cognizant of the company's efforts to address its
capital structure and the possibility of an asset sale, the trading
levels on the notes indicate a high risk of debt restructuring.

"We could lower the rating if the company enters into a debt
exchange that we view as distressed or if we foresee a clear path
to default within the next six months.

"We could raise the rating if we no longer consider the risk of a
distressed debt exchange as high."


SIMPLY GREEK: Hires Forbes Law LLC as Attorney
----------------------------------------------
Simply Greek Uptown LLC seeks authority from the U.S. Bankruptcy
Court for the Northern District of Ohio (Cleveland) to hire Glenn
E. Forbes and Forbes Law LLC as attorneys.

Services to be rendered by Forbes Law are:

     a. advise the Debtor as to its rights, duties and powers as a
Debtor in possession;

     b. prepare and file the Statements, Schedules, Plans and other
documents and pleadings necessary to be filed by the Debtor in this
case;

     c. represent the Debtor at all hearings, meetings of
creditors, conferences, trials, and other proceedings in this case;
and

     d. perform other legal services as may be necessary in
connection with this case.

Forbes Law will charge $300 per hour for time spent in Court and
for other time spent by the attorney and $125 per hour for time
spent by paralegals of the firm.

Glenn E. Forbes, Esq. attests that he and his law firm are
disinterested persons, as that term is defined in the Bankruptcy
Code, and do not hold or represent an interest adverse to the
estate with respect to the matter on which they are proposed to be
employed.

The counsel can be reached through:

     Glenn E. Forbes, Esq.
     FORBES LAW LLC
     166 Main Street
     Painesville, OH 44077
     Phone: 440-357-6211
     Fax: 440-357-1634
     E-mail: gforbed@geflaw.net
            bankruptcy@geflaw.net

                    About Simply Greek Uptown

Based in Cleveland, Ohio, Simply Greek Uptown LLC is a quick-serve
restaurant serving authentic Greek cuisine.  Simply Greek Uptown
filed a voluntary petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ohio Case No. 18-16614) on Nov. 2,
2018, listing under $1 million in assets and liabilities.  Glenn E.
Forbes, at Forbes Law LLC, represents the Debtor.


SPICY VINES: Hires Michael Fallon as Counsel
--------------------------------------------
Spicy Vines LLC seeks authority from the U.S. Bankruptcy Court for
the Northern District of California (Santa Rosa) to hire Michael
Fallon as counsel.

The professional services which Michael Fallon will render are the
general representation of the debtor in this case and the
performance of all legal services for the debtor which may be
necessary.

Michael Fallon will charge the following rates:

     Michael C. Fallon: $500 per hour
     Michael C. Fallon, Jr.: $300 per hour
     Legal Assistant: $150 per hour

Michael C. Fallon, Esq., assures the Court that he does not
represent any interest adverse to the debtor, or this estate, and
is a disinterested person within the meaning of 11 U.S.C. Sec.
101(14).

Mr. Fallon can be reached at:

          Michael C. Fallon, Esq.
          Attorney at Law
          100 E Street, Suite 219
          Santa Rosa, CA 95404
          Tel: (707) 546-6770
          Fax: (707) 546-5775
          E-mail: mcfallon@fallonlaw.net

                       About Spicy Vines

Spicy Vines LLC produces spiced wines and offers its products
through retailers and online.

An involuntary petition under Chapter 11 of the Bankruptcy Code was
filed by three petitioning creditors of Spicy Vines, LLC, on Oct.
18, 2018.  On Nov. 1, 2018, a stipulation by and between the
petitioning creditors and the debtor for the entry of an Order for
Relief under chapter 11 was filed with this court.  An Order for
Relief under chapter 11 was entered (Bankr. N.D. Cal. Case No.
18-10715) on November 1, 2018.

The petitioning creditors were Douglas B. Hackett, Brush Bernard,
CPAs and Joyce Law Group, APC.  Steven M. Olson, Esq., at the Law
Office of Steven M. Olson, is the petitioners' counsel.


SUMMIT HME: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Summit HME, Inc.
           dba Summit Home Medical Equipment
           dba Lift and Go
        1070 Arion Circle, Suite 164
        San Antonio, TX 78216

Business Description: Summit HME, Inc. is a family-owned
                      home medical equipment supplier in
                      San Antonio, Texas.  Summit HME provides a
                      wide array of durable home medical
                      equipment, aids and supplies including:
                      oxygen, CPAP and BiPAP devices and supplies,
                      mobility products such as scooters and
                      wheelchairs, enteral nutrition and more.
                      In addition to home medical equipment
                      products, the Company provides additional
                      services such as insurance-billing, home
                      delivery and setup, clinical programs,
                      emergency support and home evaluations and
                      installations of its accessibility product
                      lines.  For more information, visit
https://summithmeinc.com

Chapter 11 Petition Date: November 8, 2018

Court: United States Bankruptcy Court
       Western District of Texas (San Antonio)

Case No.: 18-52675

Judge: Hon. Craig A. Gargotta

Debtor's Counsel: Anthony H. Hervol, Esq.
                  LAW OFFICE OF H. ANTHONY HERVOL
                  4414 Centerview Dr, Suite 200
                  San Antonio, TX 78228
                  Tel: (210) 522-9500
                  Fax: (210) 522-0205
                  Email: hervol@sbcglobal.net

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Shawn R. McCormick, president/CEO.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 20 largest unsecured creditors is available
for free at:

           http://bankrupt.com/misc/txwb18-52675.pdf


T.C. RENFROW: Nov. 26 Disclosure Statement Hearing
--------------------------------------------------
Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas conditionally approved the disclosure statement
explaining T.C. Renfrow Land L.P.'s  Chapter 11 plan.

November 26, 2018 at 4:00 p.m. is fixed for the hearing on final
approval of the disclosure statement, if a written objection has
been timely filed, and for the hearing on confirmation of the
plan.

November 22, 2018 is fixed as the last day for filing written
objections to the disclosure statement and confirmation of the
plan.

                     About T.C. Renfrow L.P.

T.C. Renfrow Land L.P. holds the deed of trust on a land with house
located at 7633 Miller Road, #2, Houston, Texas, valued at $7.5
million.  It separately holds the deed of trust on a land with
house located at 4035 SCR Road Rocksprings, Texas, with a current
value of $595,000.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Tex. Case No. 17-33540) on June 5, 2017. Timothy
C. Renfrow, manager of ACR GP, LLC, signed the petition. At the
time of the filing, the Debtor disclosed $8.13 million in assets
and $3.9 million in liabilities.

The case is assigned to Judge Marvin Isgur.  The Debtor hired The
Gerger Law Firm PLLC as its legal counsel; Valbridge Property
Advisors as its valuation expert; and Richard A. Roome, P.C. as its
accountant.


TACO BUENO: Nov. 16 Meeting Set to Form Creditors' Panel
--------------------------------------------------------
William T. Neary, United States Trustee, for Region 6, will hold an
organizational meeting on November 16, 2018, at 11:00 a.m. in the
bankruptcy case of Taco Bueno Restaurants, Inc., et al.

The meeting will be held at:

         United States Trustee Meeting Room
         Earle Cabell Federal Building
         1100 Commerce Street, Room 524
         Dallas, Texas 75242

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

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

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

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

                  About Taco Bueno

Founded in Abilene, Texas in 1967, Taco Bueno --
https://www.tacobueno.com -- is a quick service restaurant chain
offering Tex-Mex-style Mexican cuisine in a casual restaurant
environment.  Taco Bueno owns and operates 140 stores plus 29
franchised locations across Texas, Oklahoma.

Taco Bueno Restaurants, Inc., et. al., sought bankruptcy protection
on November 6,2018  (Bankr. N. D. Tex. Lead Case No. Case No.
18-33678).  The jointly administered cases are pending before Judge
Hon. Stacey G. Jernigan.

The Debtor has total estimated assets of $10 million to $50 million
and total estimated liabilities of $100 million to $500 million.

The Debtors tapped Vinson & Elkins LLP as general counsel; Houlihan
Lokey Capital, Inc, as investment banker; Berkeley Research Group
LLC as financial restructuring advisor; Jones LaSalle Americas,
Inc. as real estate advisor and Prime Clerk LLC as claims agent.


TONAWANDA COKE: Hires Hodgson Russ as Counsel
---------------------------------------------
Tonawanda Coke Corporation seeks authority from the United States
Bankruptcy Court for the Western District of New York (Buffalo) to
hire Hodgson Russ LLP as counsel.

As of October 15, 2018, Hodgson was handling: (a) probation
violation and sentencing matters in the Western District of New
York; (b) labor and employment law issues including negotiations
with the Union representing the Debtor's hourly employees; (c)
general administrative and civil environmental matters; and (d)
pending civil litigation matters situated in Erie and Niagara
Counties in New York state.

The Debtor requires and will continue to require Hodgson's services
with respect to the Hodgson Existing Matters.

Hodgson will also serve as the Debtor's general bankruptcy counsel
and will advise the Debtor or its estate with respect to its duties
under the Bankruptcy Code.

Hodgson's current customary rates are:

     Lawyers           $235-$725
     Paraprofessionals $135-$325

     Gary M. Graber, Esq.   $460
     James C. Thoman        $350
     Jeffrey Stravino       $380
     Reena Dutta            $330

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

Gary M. Graber, Esq. partner in the law firm Hodgson Russ 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.

Hodgson Russ can be reached at:

     Gary M. Graber, Esq.
     HODGSON RUSS LLP
     The Guaranty Building
     140 Pearl Street, Suite 100
     Buffalo, NY 14202
     Tel: 716-848-1273
     E-mail: ggraber@hodgsonruss.com

                          About Tonawanda Coke Corporation

Tonawanda Coke Corporation -- http://www.tonawandacoke.com-- is an
ISO 9001 Registered merchant producer of high-performance foundry
coke to the U.S. and Canadian foundry, and insulation and sugar
beet industries.  The company was founded in 1917 and is
headquartered in Tonawanda, New York.

Tonawanda Coke Corporation filed a voluntary petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. W.D.N.Y. Case No.
18-12156) on October 15, 2018. The petition was signed by Michael
K. Durkin, president.

Garry M. Graber, Esq. at Hodgson Russ LLP represents the Debtor as
counsel. The case is assigned to Judge Michael J. Kaplan.

At the time of filing, the Debtor estimates $10 million to $50
million in both assets and liabilities.


TOYS R US: Bid Procedures for Sale of Shared Services Biz Okayed
----------------------------------------------------------------
BankruptcyData.com reported that the Court hearing the Toys "R" Us
case approved bidding procedures in respect of the sale of its
shared services business.  Central to the bidding procedures motion
is the agreement of the Debtors' Term B Lenders to serve as a
stalking horse bidder with a credit bid of $57.5 million.

BankruptcyData noted that "Toys Delaware -- through its
Disinterested Directors -- has determined that a potential sale of
the Shared Services Business should be pursued prior to the
effective date of the Plan. The Debtor believes that the proposed
sale process will afford the most likely purchasers of the Shared
Services Business -- the now or soon-to-be independent regional
enterprises and the Taj Noteholders -- the opportunity to
competitively bid for the Assets and assume responsibility for the
operations of the Shared Service Business following the
consummation of the sale. As part of this decision to market and
sell the Shared Services Business, the Debtor and the Disinterested
Directors negotiated an agreement of various significant terms and
conditions, including, without limitation, an agreement by the Ad
Hoc Group of B-4 Lenders (a) to withdraw their objections to
entering into a Transition Services Agreement with the purchaser of
the France business; (b) to cap their credit bid for the Shared
Services Business at $57.5 million, subject to a minimum overbid of
$500,000; and (c) that the applicable acquisition vehicle or Toys
Delaware successor entity assume all obligations under the various
Transition Services Agreements in connection with the Plan."

The order also approved the following general timeline: (i) a
November 8, 2018 deadline to submit qualified competing bids, (ii)
an auction date, if necessary, of November 9, 2018 and (iii) a
November 13, 2018 sale hearing.

All objections to the Bid Procedures Motion are overruled.  

Before the Bankruptcy Court entered its ruling, the Ad Hoc Group of
Taj Noteholders filed an objection to the proposed sale of the
Debtors' Shared Services Business. The Noteholders asserted, "The
proposed sale of the Shared Services Business -- through which Toys
Delaware provides critical information technology and other
back-office services to its current and former affiliates around
the world -- is seemingly a sham process consistent with the B-4
Lenders' ongoing campaign of threatening to weaken the Toys "R" Us
operating businesses in an attempt to extract additional value for
themselves."

                       About Toys "R" Us

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

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

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

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

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

Grant Thornton is the monitor appointed in the CCAA case.

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

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

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

                         Toys "R" Us UK

Toys "R" Us Limited, Toys "R" Us, Inc.'s UK arm with 105 stores and
3,000 employees, was sent into administration in the United Kingdom
in February 2018.

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

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

                   Liquidation of U.S. Stores

Toys "R" Us, Inc., on March 15, 2018, filed with the U.S.
Bankruptcy Court a motion seeking Bankruptcy Court approval to
start the process of conducting an orderly wind-down of its U.S.
business and liquidation of inventory in all 735 of the Company's
U.S. stores, including stores in Puerto Rico.

                       Propco I Debtors

Toys "R" Us Property Company I, LLC and its subsidiaries own fee
and leasehold interests in more than 300 properties in the United
States.  The Debtors lease the properties on a triple-net basis
under a master lease to Toys-Delaware, the operating entity for all
of TRU's North American businesses, which operates the majority of
the properties as Toys "R" Us stores, Babies "R" Us stores or
side-by-side stores, or subleases them to alternative retailers.

Toys "R" Us Property was founded in 2005 and is headquartered in
Wayne, New Jersey.  Toys 'R' Us Property operates as a subsidiary
of Toys "R" Us Inc.

Company LLC, MAP Real Estate LLC, TRU 2005 RE I LLC, TRU 2005 RE II
Trust, and Wayne Real Estate Company LLC -- Propco I Debtors --
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
E.D. Va. Lead Case No. 18-31429) on March 20, 2018.  The Propco I
Debtors sought and obtained procedural consolidation and joint
administration of their Chapter 11 cases, separate from the Toys
"R" Us Debtors' Chapter 11 cases.

The Propco I Debtors estimated assets of $500 million to $1 billion
and liabilities of $500 million to $1 billion.

Judge Keith L. Phillips presides over the Propco I Debtors' cases.

The Propco I Debtors hired Klehr Harrison Harvey Branzburg, LLP;
and Crowley, Liberatore, Ryan & Brogan, P.C., as co-counsel.  The
Debtors also tapped Kutak Rock LLP. They hired Goldin Associates,
LLC, as financial advisors.


TRINITY INVESTMENT: Taps Haines, Isenbarger & Skiba as Accountant
-----------------------------------------------------------------
Trinity Investment Group, LLC, seeks authority from the U.S.
Bankruptcy Court for the Northern District of Indiana (Fort Wayne
Division) to hire David O. Cole, CPA, and Haines, Isenbarger &
Skiba, LLC to render accounting services during the pendency of
this case.

Debtor requires the services of the accountant for preparation of
reports, financial statements, and matters related to tax forms and
returns.

Haines' current hourly rates are:

     Staff                 $100
     Senior                $140
     Manager               $200
     Sr. Manager/Director  $295
     Partner               $330

David O. Cole, CPA, director of forensic accounting services at
Haines, attests that neither he nor his firm represents any
interest adverse to the Debtor in Possession or its estate in the
matters upon which they are to be engaged.

The firm can be reached through:

     David O. Cole, CPA
     Haines, Isenbarger & Skiba, LLC
     4630-8 West Jefferson Blvd.
     Fort Wayne, IN 46804
     Office: (260) 436-9500
     Fax: (260) 436-8765
     E-mail: dcole@hainescpa.com

                  About Trinity Investment

Trinity Investment Group, LLC, is a privately held company in
Bluffton, Indiana that operates under the restaurants and other
eating places industry.  Trinity Investment Group filed a Chapter
11 petition (Bankr. N.D. Ind. Case No. 18-10627) on April 13, 2018.
In the petition signed by James E. Miller II, president, the
Debtor estimated $100,000 to $500,000 in assets and $1 million to
$10 million in liabilities.  Judge Robert E. Grant presides over
the case.  Daniel J. Skekloff, Esq., and Scot T. Skekloff, Esq., at
Haller & Colvin, PC, represent the Debtor.


TRITON AUTOMATION: Hires Gadd Business Consultants as Consultants
-----------------------------------------------------------------
Triton Automation Group LLC seeks authority from the United States
Bankruptcy Court for the Eastern District of Michigan (Detroit) to
hire Kenneth S. Gadd of Gadd Business Consultants as its
consultant.

The Debtor has consulted with Kenneth S. Gadd of Gadd Business
Consultants for the purpose of consulting with the business about
business and financial practices and financial reporting and
projections necessary for Debtor to fulfill it's Chapter 11 duties
and obligations and to a successful reorganization under Chapter 11
of the Code.

Gadd Business Consultants to a compensation of $4,500 per month for
business consulting services.

Kenneth S. Gadd, principal of Gadd Business Consultants, attests
that his firm does not hold or represent any interest adverse to
the estate and is "disinterested persons" within the meaning of the
11 U.S.C. 101(14).

The firm can be reached through:

     Kenneth S. Gadd
     Gadd Business Consultants
     4974 Helen St., Ste. 1
     Dearborn, MI 48126
     Phone: +1 313-943-3150

                 About Triton Automation Group

Triton Automation Group LLC -- http://www.triton-automation.com/--
is a robotics engineering firm. Triton offers full preventative
maintenance and refurbishment services.  The Company operates out
of a 14,000 square feet facility in Port Huron, Michigan.  Triton
was founded in 2012 by Philip Peloso.

Triton Automation Group filed its voluntary petition for Chapter 11
bankruptcy (Bankr. E.D. Mich. Case No. 18-54684)on Oct. 30, 2018.
In the petition signed by Philip J. Peloso, member, the Debtor
estimated $500,000 to $1 million in assets and $1 million to $10
million in liabilities.  Kimberly Ross Clayson, Esq., David P.
Miller, Esq., and Peter F. Schneider, Esq. of Clayson, Schneider &
Miller, P.C., serve as counsel to the Debtor.



VALEANT PHARMACEUTICALS: Fitch Gives BB- Rating on Add-On Loan
--------------------------------------------------------------
Fitch Ratings has assigned a 'BB-'/'RR1' rating to Valeant
Pharmaceuticals International's (VPI) add-on senior secured term
loan. The net proceeds of this offering, along with other secured
debt and cash on hand, are expected to be used to fund a tender
offer to repurchase $1.5 billion of its 7.5% senior unsecured notes
due 2021. Fitch expects the transaction to be leverage neutral. The
ratings apply to approximately $25.1 billion of debt outstanding at
Sept. 30, 2018. The Rating Outlook is Stable.

KEY RATING DRIVERS

Lingering High Leverage: Bausch Health Companies Inc.'s (Bausch;
VPI's parent) balance sheet is highly leveraged due to past
acquisitions funded in part with significant debt and suboptimal
operations management under the leadership of prior management. The
company has made decent progress in reducing the absolute level of
debt outstanding, having reduced debt by approximately $7.4 billion
since March 31, 2016 with a combination of internally generated
cash flow and proceeds from asset divestitures. However, leverage
remains high, with gross debt to EBITDA of approximately 7.4x, and
to date, deleveraging has depended upon debt paydown, rather than
growth in EBITDA.

Return to Growth in 2019: Bausch operates with a reasonably diverse
business model relative to its products, customers and geographies
served. Many of the company's businesses are comprised of
defensible product portfolios, which Fitch believes are capable of
generating durable margins and cash flows. Expected long-term
growth for Bausch's eye health (Bausch + Lomb/International) and
gastrointestinal (GI/Salix) businesses support the company's
operating prospects, and Fitch believes the dermatology business
should return to growth in 2019-2020 upon the launch of new
products. This supports an expectation for a return to positive
growth in EBITDA in intermediate term, which is important to the
company's longer term efforts to repair the balance sheet.

Challenges Remain in Stabilizing Operations: Bausch has made
significant progress in shoring up its operating profile during the
past seven quarters. The company has stabilized its Salix and
Bausch + Lomb/International businesses, investing in additional
sales force for Salix and reducing overall firm operating costs
through improved efficiencies and divestitures. However, the
company continues to face operating challenges on various fronts,
including price and volume headwinds in the dermatology business,
the loss of patent protection on some of its branded drugs, and
litigation. Nevertheless, Fitch views the company's internal and
more narrowed focus under the new management team as a constructive
underpinning to further improving operations.

Reliance on New Products: The stabilization of Bausch's operating
profile has involved an increased focus on developing an internal
research and development pipeline, which Fitch believes is
supportive of the company's credit profile over the long term.
However, it is early days, and the company still faces some
challenges. Specifically, Bausch needs to ramp up the utilization
of recently-approved products. These include Siliq (for the
treatment of moderate-to-severe plaque psoriasis, although with
safety restrictions) and Vyzulta (glaucoma). Bryhali (dermatology)
was tentatively approved and the potential approval of Duobrii or
IDP-118 (dermatology) should help to strengthen the company's
dermatology business. Advancing late-stage pipeline products that
are focused on eye health and GI is also important for Bausch's
longer-term growth prospects.

Near-Term Liquidity Exists: Bausch consistently generates positive
FCF and has satisfied most debt maturities until 2021, not taking
into account near-term loan amortizations. The company's ability to
tap the credit markets for unsecured notes issues in late 2017 and
early 2018 was an important step forward for the prospects of
refinancing shorter dated maturities.

Parent Subsidiary Linkage: Fitch links the ratings of Bausch Health
Companies Inc. (parent) and Valeant Pharmaceuticals International
(subsidiary). The linkage reflects the strong legal and operational
ties between the parent and the subsidiaries.

DERIVATION SUMMARY

Bausch, rated 'B-'/Outlook Stable, is significantly larger and more
diversified than peers Mallinckrodt plc (bb-*/Negative) and Endo
International plc Endo (b+*/Negative). While all three manufacture
and market specialty pharmaceuticals and have maturing
pharmaceutical products, Bausch's Bausch + Lomb/International (B+L)
business meaningfully decreases business concentration risk
relative to Mallinckrodt and Endo. B+L offers operational
diversification in terms of geographies and payers. Many of its
products are purchased directly by customers without the
requirement of a prescription.

However, Bausch's lower rating reflects gross debt leverage that is
much higher than peers. The company accumulated a significant
amount of debt through numerous acquisitions. Bausch's prior
management also had some operational issues, including suboptimal
resource allocation to select businesses. New management has been
focusing on reducing leverage by applying operating cash flow and
divestiture proceeds to debt reduction.

KEY ASSUMPTIONS

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

  -- Forecasted revenue declining in 2018 and returning to growth
thereafter. Fitch expects the loss of exclusivity (LOE) on products
will be a roughly $470 million headwind to revenues in 2018. The
growth of Siliq and potentially Duobrii and Bryhali should help
return the dermatology business to growth in 2019-2020.

  -- EBITDA of $3.3 billion to $3.4 billion in 2018 and increasing
during the intermediate term, driven by revenue growth, improved
sales mix and cost control.

  -- Normalized annual FCF of $1 billion to $1.2 billion.

  -- Continued debt reduction utilizing FCF.

  -- Leverage declining to near 7.0x by the end of 2019.

  -- Fitch projects continued compliance under the debt agreement
financial maintenance covenants during the forecast period.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action

  -- An expectation of gross debt leverage (total debt/EBITDA)
durably below 7.0x.

  -- Bausch continues to make progress in stabilizing operations
and refrains from pursuing large strategic transactions, and EBITDA
growth turns positive in 2019.

  -- Forecasted FCF remains significantly positive.

  -- Debt maturities are successfully addressed well in advance
through a combination of debt reduction and refinancing.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action

  -- Material operational stress returns without a clear path to
stabilize in the near term.

  -- FCF significantly and durably deteriorates.

  -- Refinancing risk increases and the prospect for meaningful
leverage reduction weakens.

  -- Gross debt leverage (total debt/EBITDA) continues to trend
higher from year-end 2018 levels.

LIQUIDITY

Bausch had adequate near-term liquidity at Sept. 30, 2018,
including cash on hand of $973 million and roughly $980 million
availability under its $1.225 billion revolving credit facility
that matures on June 1, 2023. Availability was reduced by $75
million of revolver borrowings and $170 million in letters of
credit. The company's refinancing activities have largely satisfied
debt maturities until 2021. Fitch estimates at Sept. 30, 2018, that
Bausch had debt maturities and loan amortizations of roughly $125
million in 2018, $230 million in 2019, $228 million in 2010, $2.6
billion in 2021 and $1.5 billion in 2022.

Fitch forecasts 2018 FCF of $1.0 billion to $1.2 billion, and the
rating incorporates an expectation that the company will continue
to prioritize use of cash for debt reduction ahead of acquisitions
or share repurchases. Bausch has consistently generated
significantly positive FCF during 2015-2017, despite facing serious
operating challenges. Fitch expects the company to maintain
adequate headroom under the debt agreement financial maintenance
covenants during the 2018-2021 forecast period.

FULL LIST OF RATING ACTIONS

Fitch currently rates the following issuers:

Bausch Health Companies Inc.

  -- Long-term Issuer Default Rating (IDR) 'B-';

  -- Senior secured bank facility 'BB-'/'RR1' (100%);

  -- Senior secured notes 'BB-'/'RR1' (100%);

  -- Senior unsecured notes 'B-'/'RR4' (40%).

The Rating Outlook is Stable.

Valeant Pharmaceuticals International

  -- Long-term IDR 'B-';

  -- Senior secured bank facility 'BB-'/'RR1' (100%);

  -- Senior unsecured notes 'B-'/'RR4' (40%).

The Rating Outlook is Stable.

Recovery Assumptions

The recovery analysis assumes that Bausch would be considered a
going concern in bankruptcy and that the company would be
reorganized rather than liquidated. Fitch estimates a going concern
enterprise value (EV) of $17.9 billion for Bausch and assumes that
administrative claims consume 10% of this value in the recovery
analysis.

The going concern EV is based upon estimates of post-reorganization
EBITDA and the assignment of an EBITDA multiple. Fitch's estimate
of Bausch's going concern EBITDA of $2.4 billion is 25% lower than
the forecasted 2018 EBITDA, reflecting a scenario where the recent
stabilization in the base business is reversed and the company is
not successful in commercializing the R&D pipeline.

Fitch assumes Bausch will receive a going-concern recovery multiple
of 7.5x EBITDA. This is slightly higher than the 6.0x-7.0x Fitch
typically assigns to specialty pharmaceutical manufacturers,
representing Bausch and Lomb's relatively more durable consumer
products focus and the company's larger scale and broader product
portfolio than peers. The current average 2018 forward trading
multiple of Bausch and the company's closet peers is 9.9x.

Fitch applies a waterfall analysis to the going concern EV based on
the relative claims of the debt in the capital structure, and
assumes that the company would fully draw the revolvers in a
bankruptcy scenario. The senior secured credit facility, including
the term loans and revolver, and senior secured notes, have
outstanding recovery prospects of 100% in a reorganization scenario
and are rated 'BB-'/'RR1', three notches above the IDR. The senior
unsecured notes recover 40% and are rated 'B-'/'RR4'.


VALLEY LUMBER: Plan Confirmation Hearing Set for Nov. 20
--------------------------------------------------------
The Bankruptcy Court has approved the disclosure statement
explaining Valley Lumber Company, Inc.'s second amended plan of
reorganization and scheduled the hearing to consider confirmation
of the Plan for November 20, 2018 at 01:30 PM.

As reported by the Troubled Company Reporter, the Allowed Unsecured
Claims of the unsecured creditors will be paid from 50% of the Net
Plan Profits of Debtor for five years or until paid in full. This
payment will be calculated on an annual basis by March 15 of each
Plan year, and paid by May 15 of each Plan year. The current total
unsecured claim is $1,517,962.72. With a predicted five-year payout
of $960,862.00, the estimated unsecured payout will be 63.3%.

The remaining 50% of Net Plan Profits is reserved for taxes and
capital needs during the Plan.

A copy of the Second Amended Disclosure Statement is available for
free at:

     http://bankrupt.com/misc/alnb17-72121-11-210.pdf  

                About Valley Lumber Company

Valley Lumber Company, Inc., based in Hackleburg, Alabama --
http://www.valleylumbercompany.com/-- manufactures, sells, and
delivers lumber, timbers, and glulams.  The company has added
several products over the 25 plus years in business including
plywood, post, poles, boards and siding.

Valley Lumber Company filed a Chapter 11 petition (Bankr. N.D. Ala.
Case No. 17-72121) on Dec. 8, 2017.  Steven D. Hammack, president,
signed the petition. The case is assigned to Judge Jennifer H.
Henderson.  The Debtor is represented by Stuart M. Maples, Esq., at
Maples Law Firm, PC.  At the time of filing, the Debtor estimated
$0 to $50,000 in assets and $1 million to $10 million in
liabilities.



VICTORY CAPITAL: Moody's Affirms Ba3 CFR, Outlook Stable
--------------------------------------------------------
Moody's Investors Service has affirmed the Ba3 corporate family
rating and senior secured debt rating of Victory Capital Holdings,
Inc. following its announcement that it will acquire USAA Asset
Management Company, a holding of United Services Automobile
Association (USAA -- insurance financial strength Aaa, stable). The
probability of default rating was also affirmed at Ba3-PD. The
outlook on Victory's ratings is stable.

"Victory has a proven track record of successfully integrating
boutique investment firms into its multi-boutique platform.
However, AMCO is the largest and most complex acquisition that the
company has undertaken so far. In affirming the ratings, Moody's
considered the significant integration risks associated with the
transaction as well as the increase to leverage resulting from its
financing" said Analyst, Rokhaya Cissé.

Victory will add approximately $1.12 billion to its existing term
loan B to fund the acquisitions of USAA Asset Management Company
(for approximately $850 million) as well as the previously
announced purchase of Harvest Volatility Management, LLC (for
approximately $300 million). Total senior secured debt outstanding
increases to approximately $1.4 billion from $280 million as of 30
September.

The following rating actions were taken:
Affirmations:

Issuer: Victory Capital Holdings, Inc.

Corporate Family Rating, affirmed Ba3

Senior Secured Bank Credit Facility, affirmed Ba3

Probability of Default Rating, affirmed Ba3-PD

Outlook Action:

Issuer: Victory Capital Holdings, Inc.

Outlook, Remains Stable

RATINGS RATIONALE

Victory's Ba3 CFR reflects its balanced asset mix, scale, and
expanded distribution capabilities following the acquisition of
USAA Asset Management Company. This acquisition, in conjunction
with the prior acquisition of Harvest Volatility Management, would
more than double Victory's assets under management to approximately
$144 billion and provide the company with new fixed income
investment capabilities that diversify its exposure to capital
market risks. Victory will also gain access to the broader
direct-member channel of USAA.

However, offsetting the improvement to Victory's business profile
are the significant increase in leverage and the integration risks
of the transaction. Pro forma debt-to-EBITDA, as calculated by
Moody's, will rise to between 3.5x to 4.0x (depending on the
associated cost synergies realized) from 2.2x as of 30 September.
Moody's believes Victory's historical commitment to manage its
capital structure prudently, while pursuing its growth strategies,
will be challenged with this increase to leverage.

The rating agency said that the following factors could lead to an
upgrade: 1) leverage (debt/EBITDA as defined by Moody's) sustained
below 2.5x; 2) net client inflows exceeding 3% per year; 3)
accelerated business development with new clients; or 4) successful
launches of unique, prudent, alpha-generative investment products.


Alternatively, the following factors could lead to a downgrade: 1)
leverage rising above 3.5x for a sustained period; 2) net client
redemptions exceeding 5-7% of firm AUM per year; or 3) the
departure of key staff.

Victory is an integrated multi-boutique asset manager headquartered
in Cleveland, Ohio. At 30 September, the company had assets under
management of $64 billion and year --to-date total revenues of
approximately $317 million. USAA Asset Management Company, with
$69.2 billion in assets under management, is based in San Antonio,
Texas and provides investment management products and services
primarily to the USAA network.

The principal methodology used in these ratings was "Asset
Managers: Traditional and Alternative" published in December 2015.


VISION INVESTMENT: Hires Bose McKinney & Evans as Special Counsel
-----------------------------------------------------------------
Vision Investment Group, Inc., seeks authority from the U.S.
Bankruptcy Court for the Northern District of Indiana, Fort Wayne
Division to employ Sandra Perry and Bose McKinney & Evans LLP, as
special counsel, for the purpose of advising and representing the
Debtor on employment law matters.

Bose McKinney & Evans LLP  will charge a 2018 hourly rate of $205
and 2019 hourly rate of $220.

Sandra Perry if Bose McKinney & Evans LLP attests that her firm has
no connection with the creditors or any other party in interest and
has no interest adverse to the Debtor or its estate.

The counsel can be reached through:

     Sandra Perry, Esq.
     BOSE McKINNEY & EVANS LLP
     111 Monument Circle, Suite 2700
     Indianapolis, IN 46204
     Tel: (317) 684-5116
     Fax: (317) 223-0116
     E-mail: sperry@boselaw.com

                About Vision Investment Group

Based in Bluffton, Indiana, Vision Investment Group, Inc., filed a
Chapter 11 petition (Bankr. N.D. Ind. Case No. 18-10864) on May 11,
2018, estimating $100,001 to $500,000 in assets and $1 million to
$10 million in liabilities.  Daniel J. Skekloff, at Haller &
Colvin, PC, is the Debtor's counsel.


VISION INVESTMENT: Hires Haines, Isenbarger & Skiba as Accountant
-----------------------------------------------------------------
Vision Investment Group, Inc., seeks authority from the U.S.
Bankruptcy Court for the Northern District of Indiana, Fort Wayne
Division to hire David O. Cole, CPA, and Haines, Isenbarger &
Skiba, LLC, to render accounting services during the pendency of
this case.

Debtor requires the services of the accountant for preparation of
reports, financial statements, and matters related to tax forms and
returns.

Haines' current hourly rates are:

     Staff                 $100
     Senior                $140
     Manager               $200
     Sr. Manager/Director  $295
     Partner               $330

David O. Cole, CPA, director of forensic accounting services at
Haines, attests that neither he nor his firm represents any
interest adverse to the Debtor in Possession or its estate in the
matters upon which they are to be engaged.

The firm can be reached through:

     David O. Cole, CPA
     Haines, Isenbarger & Skiba, LLC
     4630-8 West Jefferson Blvd.
     Fort Wayne, IN 46804
     Office: (260) 436-9500
     Fax: (260) 436-8765
     E-mail: dcole@hainescpa.com

                 About Vision Investment Group

Based in Bluffton, Indiana, Vision Investment Group, Inc., filed a
Chapter 11 petition (Bankr. N.D. Ind. Case No. 18-10864) on May 11,
2018, listing $100,001 to $500,000 in assets and $1 million to $10
million in liabilities.  Daniel J. Skekloff at Haller & Colvin, PC,
is the Debtor's counsel.


WALDRON DEVELOPMENT: Petrini-Poli Buying Chicago Property for $1M
-----------------------------------------------------------------
Waldron Development Co. asks the U.S. Bankruptcy Court for the
Northern District of Illinois to authorize the sale of the real
estate located at 3838 North Kenmore, Chicago, Illinois to Chris
Petrini-Poli for $1.01 million.

The Property is a three-flat in the Wrigleyville area of Chicago,
and is subject to a mortgage and assignment of rents securing a
debt of approximately $824,994 in favor of Wilmington Trust,
National Association, not in its individual capacity, but solely as
trustee for MFRA Trust 2015-1.

The Debtor retained Ten-X to implement an auction process for the
sale of the Property.  The Property received some bids at the
preliminary auction but did not receive a bid that reflected the
true value of the Property.  The Debtor then determined that there
would be better success marketing the Property on the MLS rather
than holding a second auction.  

After considerable marketing efforts over the last year, the Debtor
has obtained an offer for the Property of $1.01 million, which it
believes maximizes value for all creditors and will result in the
payment of creditors in full.

The Buyer and the Debtor have entered into their purchase
agreement.  The PA provides for an all-cash offer without any
financing contingencies and acknowledges that the Property is being
sold on an "as is" basis.  

Through the Motion, the Debtor requests authority to execute the PA
and to proceed with the sale of the Property on the terms set forth
therein, and to shorten the notice period for the sale to nine days
pursuant to Bankruptcy Rule 9006.

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

   http://bankrupt.com/misc/Waldron_Development_97_Sales.pdf

A hearing on the Motion is set for Oct. 31, at 9:30 a.m.

               About Waldron Development Company

Waldron Development Company owns a three-flat apartment building at
3838 North Kenmore, Chicago, Illinois.

Waldron Development sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ill. Case No. 17-37011) on Dec. 14,
2017.  The Debtor intends to use Chapter 11 to effectuate a sale of
the building under Section 363(b) of the Bankruptcy Code, or to
restructure the debt on the building.

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of less than $1 million.  

Judge Jacqueline P. Cox presides over the case.

The Debtor tapped The Law Office of William J. Factor, Ltd., as its
legal counsel; Larry Goldsmith and the firm of CJBS, LLC, as its
accountants; and Ten-X LLC as its marketplace and transaction host
relating to the sale of the Real Property.


WALLER MARINE: Disclosure Statement Hearing Continued to Nov. 20
----------------------------------------------------------------
The Bankruptcy Court has continued the hearing to consider approval
of the disclosure statement explaining Waller Marine, Inc.'s first
amended plan of reorganization to November 20, 2018 at 1:00 p.m.
To the extent Okin Adams, the Debtor's counsel, will be filing an
amended disclosure statement and plan, it must be filed by November
19.

On July 20, 2018, the Debtor and David Waller filed (i) an
objection to Claim numbers 14
and 21 of Diversity Max, LLC, requesting that Claim numbers 14 and
21 be disallowed in their entirety, and (ii) a motion to estimate
the claims of Diversity Max, LLC, requesting that the court
estimate Diversity Max's claims at zero for purposes of voting and
distribution.
On August 16, 2018, the Debtor and David Waller filed an
additional objection to Claim numbers 14 and 21 based on separate
but related reasons to disallow those claims.  On October 9, 2018,
the Court entered its order precluding Diversity Max, et al. from
voting on the Debtors' Plans, but denying the motion to estimate
without prejudice.  On that same date, the Court entered its order
disallowing Claim number 14 in its entirety.

Under the First Amended Plan, each holder of Class 3 General
Unsecured Claims will receive its Pro Rata share in:

   (1) Proceeds from the Reorganized Debtor's retained causes of
action, if any; and

   (2) Fifty-one percent (51%) of any federally taxable profits
from the Reorganized Debtor within the next four (4) tax years
(i.e., 2018, 2019, 2020 and 2021) (the "WMI Tax Credit
Distributions"), not to exceed the full amount of each creditor's
Allowed Class 3 Claim.

The Plan explains that for every year until and including 2021 that
the Reorganized Debtor reports taxable income to the Internal
Revenue Service for operations of the Reorganized Debtor that is
"sheltered" by the WMI Tax Credit (the "WMI Tax Credit Offset"),
the Reorganized Debtor will pay 51% of the WMI Tax Credit Offset,
pro rata, to the Holders of Allowed Class 3 Claims.

Upon the Effective Date, in exchange for the cancellation of the
Waller Administrative Claim, David Waller will retain 51.0% of his
equity in the Reorganized Debtor.

The Plan will be funded from (i) prosecution of Retained Causes of
Action, (ii) a Cash investment in the amount necessary for the
Reorganized Debtor to pay the Allowed Administrative Claims (the
"Cash Investment") by WMS Holdings, Inc., in exchange for 49.0% of
the Equity Interest in the Reorganized Debtor and (iii) a funding
commitment by WMS to the Reorganized Debtor to continue business
operations.

A copy of the First Amended Plan is available at
https://tinyurl.com/yacwv7wv from PacerMonitor.com at no charge.

A copy of the Amended Disclosure Statement is available at
https://tinyurl.com/ybajmnkz from PacerMonitor.com at no charge.

                     About Waller Marine

Waller Marine, Inc. -- http://www.wallermarine.com/-- provides  
design, construction management, regulatory assistance, project
development and contractual compliance to the marine
transportation
and offshore industries.  Founded in 1974 and based in Houston,
Texas, WMI is a licensed engineering firm with EPC capabilities.
It
claims to be a leader in Floating Gas to Liquids (GTL), Floating
Power Generation and Floating Liquefaction.

Waller Marine filed for Chapter 11 bankruptcy protection (Bankr.
S.D. Tex. Case No. 17-34230) on July 7, 2017, estimating its
assets
and liabilities at between $1 million and $10 million.  The
petition was signed by David B. Waller, president, who also sought
bankruptcy protection (Bankr. S.D. Tex. Case No. 17-34047) on June
30, 2017.  Judge Jeff Bohm presides over the case.

Christopher Adams, Esq., at Okin & Adams LLP, serves as the
Debtor's bankruptcy counsel.


WILSON MANIFOLDS: Hire Moecker Auctions as Appraiser
----------------------------------------------------
Wilson Manifolds, Inc. and Keith Donald Wilson, the company's
president, seek approval from the U.S. Bankruptcy Court for the
Southern District of Florida to hire Eric Rubin and Moecker
Auctions, Inc., as appraiser.

To advance its reorganization effort, the Debtor requires a
professional appraisal of its Business Assets. An appraisal will
specifically assist the Debtor in crafting a Chapter 11 plan and
will be a useful exhibit to the Debtor’s disclosure statement.

Moecker has agreed to complete the appraisal for the fee of $150.00
per hour, with an estimated total cost of between $1,400-$1,900.

Eric Rubin, partner of Moecker Auctions, 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.

Moecker Auctions can be reached at:

     Eric Rubin
     MOECKER AUCTIONS, INC.
     1883 W State Rd, Suite 106
     Fort Lauderdale, FL 33315
     Tel: (954) 252-2887

                    About Wilson Manifolds

Wilson Manifolds, Inc. manufactures products for the automotive and
racing industries.  It specializes in custom-built and installed
parts for high-performance vehicles.  

Wilson Manifolds sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 18-21658) on Sept. 21,
2018.  The case is jointly administered with the Chapter 11 case of
Keith D. Wilson, the company's president (Bankr. S.D. Fla. Case No.
18-21662).  In the petition signed by Mr. Wilson, Wilson Manifolds
estimated assets of less than $50,000 and liabilities of $1 million
to $10 million.

The Debtor tapped Hoffman, Larin & Agnetti, P.A., as its legal
counsel; and Steven Siegalaub of Siegelaub, Rosenberg, Golding &
Feller, P.A., as its accountant.


WOODBRIDGE GROUP: $265K Sale of Stone Mountain Property Approved
----------------------------------------------------------------
Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District
of Delaware authorized Woodbridge Group of Companies, LLC and its
affiliated debtors to sell Bellflower Funding, LLC's real property
located at 6287 Memorial Drive, Stone Moountain, Georgia, together
with the Seller's right, title, and interest in and to the
buildings located thereon and any other improvements and fixtures
located thereon, and any and all of the Seller's right, title, and
interest in and to the tangible personal property and equipment
remaining on the real property as of the date of the closing of the
sale, to 2018 Longterm RE, LLC for $265,000.

The sale is free and clear of all liens, claims, interests, and
encumbrances.

All proceeds of the Sale (net of the Broker Fee and Other Closing
Costs) will be paid to the Debtors into the general account of
Debtor Woodbridge Group of Companies, LLC, and such net proceeds
will be disbursed and otherwise treated by the Debtors in
accordance with the Final DIP Order.

The Debtors are authorized and empowered to pay the Broker Fee to
Newmark in an amount up to 6% of the gross sale proceeds.

Any title insurer, escrow agent, or other intermediary
participating in a closing of the Sale of the Property is
authorized to disburse all funds at the closing of the Sale
pursuant to the applicable settlement statement or escrow
instructions provided by the parties to such Sale.

The terms and conditions of the Order will be immediately effective
and enforceable upon its entry notwithstanding any applicability of
Bankruptcy Rule 6004(h).

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

   http://bankrupt.com/misc/Woodbridge_Group_2896_Order.pdf

                      About Woodbridge Group

Headquartered in Sherman Oaks, California, The Woodbridge Group
Enterprise -- http://www.woodbridgecompanies.com/-- is a
comprehensive real estate finance and development company.  Its
principal business is buying, improving, and selling high-end
luxury homes.  The Woodbridge Group Enterprise also owns and
operates full-service real estate brokerages, a private investment
company, and real estate lending operations.  The Woodbridge Group
Enterprise and its management team have been in the business of
providing a variety of financial products for more than 35 years,
and have been primarily focused on the luxury home business for the
past five years.  Since its inception, the Woodbridge Group
Enterprise has completed more than $1 billion in financial
transactions.  These transactions involve real estate, note buying
and selling, hard money lending, and alternative financial
transactions involving thousands of investors.

Woodbridge Group of Companies and certain of its affiliates filed
Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.
17-12560) on Dec. 4, 2017.  Woodbridge estimated assets and
liabilities at between $500 million and $1 billion.  The Chapter 11
cases are being jointly administered.

Judge Kevin J. Carey presides over the case.

Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq.,
Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey,
Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher,
LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J.
Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway
Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

The Debtors' financial advisors are Larry Perkins, John Farrace,
Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman
at SierraConstellation Partners, LLC.  Beilinson Advisory Group is
serving as independent management to the Debtors.  Garden City
Group, LLC, is the Debtors' claims and noticing agent.

Pachulski Stang Ziehl & Jones is counsel to the Official Committee
of Unsecured Creditors; and FTI Consulting, Inc., serves as its
financial advisor.

An official committee of unsecured creditors was appointed in the
Chapter 11 cases on Dec. 14, 2017.  On Jan. 23, 2018, the Court
approved a settlement providing for the formation of an ad hoc
noteholder group and an ad hoc unitholder group.


WOW WEE: Hires Landwehr Law Firm as Attorney
--------------------------------------------
Wow Wee, LLC, seeks authorization from the U.S. Bankruptcy Court
for the Eastern District of Louisiana to employ Landwehr Law Firm
as attorney.

Professional services that Landwehr Law Firm will render:

     (a) give debtor legal advice with respect to its powers and
duties as debtor-in-possession in the continued management of its
property;

     (b) assist debtor in the disposition, through this proceeding,
of assets which it no longer needs in the management of its
property;

     (c) prepare on behalf of your applicant, as
debtor-in-possession, necessary applications, answers, orders,
reports and other legal papers; and

     (d) perform all other legal services for the debtor, as
debtor-in-possession, which may be necessary.

The Debtor has agreed to pay Landwehr Law Firm for services
rendered at the rate of $350 per hour, plus costs incurred.

The sum of $10,000 will be held as a retainer by Landwehr Law Firm
for services rendered and costs incurred in this Chapter 11
proceeding.

Darryl T. Landwehr, Esq., of Landwehr Law 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.

Landwehr may be reached at:

     Darryl T. Landwehr, Esq.
     Landwehr Law Firm
     1010 Common Street, Suite 1710
     New Orleans, LA 70112
     Tel: (504) 561-8086

                      About Wow Wee, LLC

Based in Cut Off, Louisiana, Wow Wee, LLC filed a voluntary
petition for relief under Chapter 11 of Title 11, United States
Code (Bankr. E.D. La. Case No. 18-12729) on Oct. 12, 2018,
estimating under $1 million in assets and liabilities.  Darryl T.
Landwehr, Esq., at Landwehr Law Firm, is the Debtor's counsel.


WPB HOSPITALITY: Taps CBRE Inc. as Real Estate Broker
-----------------------------------------------------
WPB Hospitality, LLC, seeks approval from the U.S. Bankruptcy Court
for the District of Colorado to hire Larry Kaplan and Mark
Darrington of CBRE, Inc., as broker/realtor to market and sell the
real property located at  16161 E 40th Avenue, Denver, CO 80239.

CBRE Inc. will be paid a commission of 3% of the purchase price.

Larry Kaplan, senior vice president of CBRE, 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.

CBRE Inc. can be reached at:

     Larry Kaplan
     Mark Darrington
     CBRE, Inc.
     1225 17th Street, Suite 3200
     Denver, CO 80202
     Phone: 303-628-1781

                     About WPB Hospitality

WPB Hospitality, LLC, is a single asset real estate company (as
defined in 11 U.S.C. Section 101(51B)) whose principal assets are
located at 16161 E. 40th Ave Denver, Colorado.

WPB Hospitality sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 18-18636) on Oct. 3,
2018.  In the petition signed by Wanda Bertoia, owner, the Debtor
estimated assets of less than $50,000 and liabilities of $10
million to $50 million.  Judge Elizabeth E. Brown presides over the
case.  The Debtor tapped Lindquist-Kleissler & Company, LLC as its
legal counsel.


WPB HOSPITALITY: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of WPB Hospitality, LLC as of Nov. 7, according
to a court docket.

                     About WPB Hospitality

WPB Hospitality, LLC, is a single asset real estate company (as
defined in 11 U.S.C. Section 101(51B)) whose principal assets are
located at 16161 E. 40th Ave Denver, Colorado.

WPB Hospitality sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 18-18636) on Oct. 3,
2018.  In the petition signed by Wanda Bertoia, owner, the Debtor
estimated assets of less than $50,000 and liabilities of $10
million to $50 million.  Judge Elizabeth E. Brown presides over the
case.  The Debtor tapped Lindquist-Kleissler & Company, LLC as its
legal counsel.


XPEERANT INCORPORATED: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Xpeerant Incorporated as of Nov. 9,
according to a court docket.

                       About Xpeerant Inc.

Headquartered in Fort Collins, Colorado, Xpeerant Incorporated is a
recruitment agency that supplies employees to companies within the
semi-conductor and technical industry.

Xpeerant Inc. filed its voluntary petition pursuant to Chapter 11
of the Bankruptcy Code (Bankr. D. Colo. Case no. 18-17700) on
August 31, 2018.  The petition was signed by Gary Petty, authorized
representative.  At the time of filing, the Debtor disclosed
$48,215 in total assets and $1,469,565 in total liabilities.
Kutner Brinen PC, led by Lee M. Kutner, serves as counsel to the
Debtor.


ZAMINDAR PROPERTIES: Dec. 3 Disclosure Statement Hearing Set
------------------------------------------------------------
The Bankruptcy Court has conditionally approved the disclosure
statement explaining Zamindar Properties, LLC's small business plan
and scheduled the hearing to consider final approval of the
Disclosure Statement and confirmation of the Plan for December 3,
2018 at 10:00 a.m.  

Objections to disclosure statement and plan are due November 20.
Ballots accepting or rejecting the Plan are also due by November
20.

Class 9, the General Unsecured Creditors will be paid a fixed
dividend of $60,000 over time without any post-confirmation
interest. The Debtor will pay a fixed dividend of $60,000 over five
years without interest. The Debtor will make payments of $1,000 for
12 months of each year for 5 years which is a total of 60 payments.
The projected dividend to class 9 is estimated to be 26.5%; but the
percentage will be adjusted depending on the final amounts of
allowed claims in this class; this class will include any
undersecured claim of mortgage holders and any contingent guaranty
claims. Currently the unsecured pool is estimated to be $226,149.

Payments under the Plan will come from rents collected by the
Debtor.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y8hncknk from PacerMonitor.com at no charge.

                   About Zamindar Properties

Owned by Fenix Capital LLC, Zamindar Properties, LLC, operates
commercial and residential real estate units in its business.
Zamindar owns 10 properties; two 3-unit buildings; five duplexes
and a commercial office building a mixed-use  building and a
four-unit residential building.

Zamindar Properties sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 16-23385) on Sept. 9,
2016.  In the petition signed by Joann Jenkins, president, the
Debtor estimated its assets and liabilities at $1 million to $10
million.  Zamindar Properties tapped Calaiaro Valencik as legal
counsel.  The case is assigned to Judge Carlota M. Bohm.  No
official committee of unsecured creditors has been appointed in
the
case.


ZAYO GROUP: Moody's Reviews B2 CFR for Downgrade on Split-Up Plans
------------------------------------------------------------------
Moody's Investors Service has placed the ratings of Zayo Group, LLC
on review for downgrade, including its B2 corporate family rating,
B2-PD probability of default rating, Ba2 senior secured bank credit
facility ratings and B3 senior unsecured note ratings. Zayo's SGL-2
speculative grade liquidity rating is not affected at this time.

The review for downgrade was prompted by Zayo's recent announcement
that it plans to separate into two publicly-traded companies by
calendar year end 2019, with one company, Zayo Infra Co, comprised
of most of Zayo's infrastructure businesses and the other,
Enterprise Co, focused mainly on enterprise services. The company
may convert Zayo Infra Co to a real estate investment trust by
January 1, 2020 as well. It is expected that Enterprise Co will
enter into a long-term master customer agreement with Zayo Infra Co
to provide network connectivity services and that Zayo Infra Co may
maintain up to a 9.9% ownership stake in Enterprise Co.

While this corporate reorganization reduces some of Zayo's existing
business complexity, Moody's review will focus on Zayo Infra Co's
leverage and cash flow following the Enterprise Co spin-off and
Zayo Infra Co REIT conversion. This structural simplification could
negatively impact competitive positioning, sustainable growth
opportunities and financial policy at Zayo Infra Co, the successor
company to Zayo and where Zayo's currently existing debt will
remain outstanding, resulting in potential downward ratings
pressure.

Zayo Infra Co will be comprised of Zayo's current Fiber Solutions
and zColo business segments, as well as the Wavelength and IP
Transit businesses of Zayo's Transport segment. Enterprise Co will
be comprised of the Zayo's current Enterprise Networks segment, as
well as the currently separated Allstream segment, along with the
slower growing SONET and Ethernet businesses of Zayo's Transport
segment.

If or when it is rated, and based on its final capital structure,
Moody's would apply the Telecommunications Service Providers Rating
Methodology to Enterprise Co. Prior to its spin-off, Moody's
expects proceeds of debt to-be-issued at Enterprise Co will be
available to Zayo Infra Co for potential debt pay down.

On Review for Downgrade:

Issuer: Zayo Group, LLC

Probability of Default Rating, Placed on Review for Downgrade,
currently B2-PD

Corporate Family Rating, Placed on Review for Downgrade, currently
B2

Senior Secured Revolving Credit Facility, Placed on Review for
Downgrade, currently Ba2 (LGD2)

Senior Secured Term Loan B1, Placed on Review for Downgrade,
currently Ba2 (LGD2)

Senior Secured Term Loan B2, Placed on Review for Downgrade,
currently Ba2 (LGD2)

Senior Unsecured Regular Bond/Debenture, Placed on Review for
Downgrade, currently B3 (LGD5)

Outlook Actions:

Issuer: Zayo Group, LLC

Outlook, Changed To Rating Under Review From Stable

RATINGS RATIONALE

Headquartered in Boulder, Colorado, Zayo Group, LLC is a provider
of bandwidth infrastructure and network-neutral interconnection
services with significant fiber network assets and international
reach. The company emphasizes its communications infrastructure
business which is divided into four key segments along with other
revenues. Zayo also operates a noncore business segment, Allstream.



[^] BOND PRICING: For the Week from November 5 to 9, 2018
---------------------------------------------------------
  Company                   Ticker  Coupon Bid Price     Maturity
  -------                   ------  ------ ---------     --------
Acosta Inc                  ACOSTA   7.750    33.020    10/1/2022
Acosta Inc                  ACOSTA   7.750    33.731    10/1/2022
Alpha Appalachia
  Holdings LLC              ANR      3.250     2.048     8/1/2015
American Tire
  Distributors Inc          ATD     10.250    18.000     3/1/2022
American Tire
  Distributors Inc          ATD     10.250    30.000     3/1/2022
Appvion Inc                 APPPAP   9.000     1.125     6/1/2020
Appvion Inc                 APPPAP   9.000     1.480     6/1/2020
BPZ Resources Inc           BPZR     6.500     3.017     3/1/2015
BPZ Resources Inc           BPZR     6.500     3.017     3/1/2049
Bank of America Corp        BAC      5.150    99.905   11/15/2018
Bank of America Corp        BAC      5.250    99.903   11/15/2018
Bank of America Corp        BAC      5.250    99.903   11/15/2018
Bon-Ton Department
  Stores Inc/The            BONT     8.000     7.000    6/15/2021
Cenveo Corp                 CVO      6.000    25.449     8/1/2019
Cenveo Corp                 CVO      8.500     1.175    9/15/2022
Cenveo Corp                 CVO      6.000     1.133    5/15/2024
Cenveo Corp                 CVO      6.000    25.449     8/1/2019
Cenveo Corp                 CVO      8.500     1.175    9/15/2022
Chesapeake Energy Corp      CHK      2.250    96.500   12/15/2038
Chukchansi Economic
  Development Authority     CHUKCH   9.750    64.553    5/30/2020
Chukchansi Economic
  Development Authority     CHUKCH  10.250    64.500    5/30/2020
Community Choice
  Financial Inc             CCFI    12.750    51.625     5/1/2020
Community Choice
  Financial Inc             CCFI    12.750    51.625     5/1/2020
Community Choice
  Financial Inc             CCFI    10.750    55.466     5/1/2019
Corning Inc                 GLW      6.625   101.525    5/15/2019
DBP Holding Corp            DBPHLD   7.750    44.244   10/15/2020
DBP Holding Corp            DBPHLD   7.750    44.244   10/15/2020
EXCO Resources Inc          XCOO     8.500    17.592    4/15/2022
Egalet Corp                 EGLT     5.500    10.375     4/1/2020
Emergent Capital Inc        EMGC     8.500    86.811    2/15/2019
Endologix Inc               ELGX     2.250    97.000   12/15/2018
Energy Conversion
  Devices Inc               ENER     3.000     7.875    6/15/2013
Energy Future Intermediate
  Holding Co LLC /
  EFIH Finance Inc          TXU      9.750    37.875   10/15/2019
FedEx Corp                  FDX      8.000   100.751    1/15/2019
Fleetwood Enterprises Inc   FLTW    14.000     3.557   12/15/2011
General Electric Co         GE       3.500    99.901   11/15/2018
General Electric Co         GE       2.030    98.565   11/21/2042
Goldman Sachs
  Group Inc/The             GS       2.250    99.872   11/15/2018
Goldman Sachs
  Group Inc/The             GS       2.250    99.890   11/15/2018
Goldman Sachs
  Group Inc/The             GS       2.250    99.893   11/15/2018
Hexion Inc                  HXN      9.200    52.818    3/15/2021
Homer City Generation LP    HOMCTY   8.137    38.750    10/1/2019
JPMorgan Chase & Co         JPM      3.565    99.378   11/16/2018
Lehman Brothers
  Holdings Inc              LEH      5.000     3.326     2/7/2009
Lehman Brothers
  Holdings Inc              LEH      2.000     3.326     3/3/2009
Lehman Brothers
  Holdings Inc              LEH      2.070     3.326    6/15/2009
Lehman Brothers
  Holdings Inc              LEH      1.383     3.326    6/15/2009
Lehman Brothers
  Holdings Inc              LEH      1.500     3.326    3/29/2013
Lehman Brothers
  Holdings Inc              LEH      1.600     3.326    11/5/2011
Lehman Brothers
  Holdings Inc              LEH      4.000     3.326    4/30/2009
Lehman Brothers Inc         LEH      7.500     1.226     8/1/2026
MModal Inc                  MODL    10.750     6.125    8/15/2020
Mashantucket Western
  Pequot Tribe              MASHTU   7.350    16.000     7/1/2026
Midstates Petroleum
  Co Inc / Midstates
  Petroleum Co LLC          MPO     10.750     0.874    10/1/2020
Monsanto Co                 MON      1.850    99.996   11/15/2018
OMX Timber Finance
  Investments II LLC        OMX      5.540     4.157    1/29/2020
Orexigen Therapeutics Inc   OREXQ    2.750     5.125    12/1/2020
Orexigen Therapeutics Inc   OREXQ    2.750     5.125    12/1/2020
PHI Inc                     PHII     5.250    85.801    3/15/2019
PaperWorks Industries Inc   PAPWRK   9.500    53.866    8/15/2019
PaperWorks Industries Inc   PAPWRK   9.500    53.866    8/15/2019
Pernix Therapeutics
  Holdings Inc              PTX      4.250    44.049     4/1/2021
Pernix Therapeutics
  Holdings Inc              PTX      4.250    44.049     4/1/2021
PetroQuest Energy Inc       PQUE    10.000    43.000    2/15/2021
PetroQuest Energy Inc       PQUE    10.000    42.875    2/15/2021
PetroQuest Energy Inc       PQUE    10.000    42.875    2/15/2021
Powerwave Technologies Inc  PWAV     2.750     0.155    7/15/2041
Powerwave Technologies Inc  PWAV     3.875     0.155    10/1/2027
Powerwave Technologies Inc  PWAV     1.875     0.155   11/15/2024
Powerwave Technologies Inc  PWAV     1.875     0.155   11/15/2024
Powerwave Technologies Inc  PWAV     3.875     0.155    10/1/2027
RAIT Financial Trust        RASF     4.000    99.398    10/1/2033
Renco Metals Inc            RENCO   11.500    29.000     7/1/2003
Rex Energy Corp             REXX     8.000    27.800    10/1/2020
Rex Energy Corp             REXX     8.000    25.309    10/1/2020
Rolta LLC                   RLTAIN  10.750    12.129    5/16/2018
Sable Permian Resources
  Land LLC / AEPB
  Finance Corp              AMEPER   7.125    59.627    11/1/2020
Sable Permian Resources
  Land LLC / AEPB
  Finance Corp              AMEPER   7.125    59.700    11/1/2020
Sanchez Energy Corp         SN       7.750    44.504    6/15/2021
SandRidge Energy Inc        SD       7.500     0.701    2/15/2023
Sears Holdings Corp         SHLD     8.000    10.000   12/15/2019
Sempra Texas Holdings Corp  TXU      5.550    12.070   11/15/2014
SiTV LLC / SiTV
  Finance Inc               NUVOTV  10.375    48.250     7/1/2019
SiTV LLC / SiTV
  Finance Inc               NUVOTV  10.375    48.500     7/1/2019
Sprint Communications Inc   S        9.000    99.829   11/15/2018
Sprint Communications Inc   S        9.000    99.789   11/15/2018
TRU Taj LLC / TRU Taj
  Finance Inc               TOY     12.000    56.500    8/15/2021
TRU Taj LLC / TRU Taj
  Finance Inc               TOY     12.000    60.500    8/15/2021
TerraVia Holdings Inc       TVIA     5.000     4.644    10/1/2019
TerraVia Holdings Inc       TVIA     6.000     4.644     2/1/2018
Toys R Us - Delaware Inc    TOY      8.750     6.000     9/1/2021
Toys R Us Inc               TOY      7.375     7.000   10/15/2018
Transworld Systems Inc      TSIACQ   9.500    50.040    8/15/2021
Transworld Systems Inc      TSIACQ   9.500    25.859    8/15/2021
Verizon Communications Inc  VZ       2.550    99.776    6/17/2019
Walter Energy Inc           WLTG     9.875     0.834   12/15/2020
Walter Energy Inc           WLTG     8.500     0.834    4/15/2021
Walter Energy Inc           WLTG     9.875     0.834   12/15/2020
Walter Energy Inc           WLTG     9.875     0.834   12/15/2020
Washington Mutual Bank /
  Debt not acquired
  by JPMorgan               WAMU     5.550     0.708    6/16/2010
Westmoreland Coal Co        WLBA     8.750    41.000     1/1/2022
Westmoreland Coal Co        WLBA     8.750    27.125     1/1/2022
iHeartCommunications Inc    IHRT    14.000    12.500     2/1/2021
iHeartCommunications Inc    IHRT     9.000    73.875   12/15/2019
iHeartCommunications Inc    IHRT     9.000    73.358   12/15/2019
iHeartCommunications Inc    IHRT    14.000    12.665     2/1/2021
iHeartCommunications Inc    IHRT    14.000    12.665     2/1/2021
iHeartCommunications Inc    IHRT     9.000    73.358   12/15/2019
iHeartCommunications Inc    IHRT     9.000    73.358   12/15/2019
rue21 inc                   RUE      9.000     1.789   10/15/2021



                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2018.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
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are $25 each.  For subscription information, contact Peter A.
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                   *** End of Transmission ***