/raid1/www/Hosts/bankrupt/TCR_Public/190121.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, January 21, 2019, Vol. 23, No. 20

                            Headlines

166 HILLSIDE: Seeks to Hire Dal Lago Law as Legal Counsel
21ST CENTURY: Court Grants Objection to Andrew Woods Claim
8800 LLC: Seeks Authority to Use Cash Collateral Through June 3
A V CAR & HOME: Taja Renews Offer to Purchase Property for $2.3MM
ACRISURE LLC: S&P Assigns 'B' Rating New Senior Secured Notes

ADAMIS PHARMACEUTICALS: Sandoz Launches SYMJEPITM in the US
ADVANCED SPORTS: Bankr. Administrator Names Luis Salazar as CPO
AKORN INC: S&P Cuts ICR to 'B-' on Continued Business Uncertainty
ALEXANDER SEAWRIGHT: Voluntary Chapter 11 Case Summary
ALLEN CROSTHWAIT: D. Baird Not Entitled to Prejudgment Interest

ALLIED CONSOLIDATED: Rail Rights Part of Creditor Trust's Assets
ANGEL MEDICAL: Unsecureds to Get $500K Under Prepack Plan
APSLEY MEDICAL: Taps Langley & Banack as Legal Counsel
ARCHDEKIN INVESTMENTS: Ruling in S. Archdekin's Favor Partly Upheld
ASSOCIATED ASPHALT: S&P Affirms 'B' ICR on Improved Margins

B. & J. PROPERTY: Case Summary & 20 Largest Unsecured Creditors
BELLA SPOSA: Capital Contributions from Officers to Fund Plan
BIBHU LLC: Court Junks Alicia Vergara's Rule 2004 Discovery Bid
BLACK BOX: Terminates Registration of Common Stock
BLUE BEE: Wants to Continue Using Cash Collateral Until May 18

BLUE EARTH: Bankr. Ct. Retains Jurisdiction of Trustee Suit vs DHC
BP FISHER LAW: Case Summary & 20 Largest Unsecured Creditors
CACTUS CIRCLE: Taps Willis & Wilkins as Legal Counsel
CAJUN ELECTRIC: Ruling in Favor of NRG, et al., in JRC Suit Flipped
CAMBER ENERGY: Evaluating Merger and Acquisition Opportunities

CANDLE CONNECTION: Bankr. Court Confirms Chapter 11 Plan
CBAK ENERGY: Yunfei Li Hikes Stake to 17.6% as of Jan. 7
CD MANAGEMENT: Case Summary & 7 Unsecured Creditors
CHAMPION BLDRS: Jan. 23 Auction of Personal Property Approved
CHRISTOPHER RIDGEWAY: Ct. Junks Stryker Bid to Release Escrow Funds

CITADEL WATFORD: M. Dunaway, et al., Bid to Junk Trustee Suit Nixed
CLOUDBREAK ENTERTAINMENT: Trustee Hearing Continued to Jan. 22
COTTER TOWER: Plan to be Funded from Property Sales Proceeds
CROCKETT COGENERATION: Moody's Cuts Sr. Sec. Notes Rating to Caa3
CUREMED.COM INC: Court to Consider Appointment of Receiver

DIFFUSION PHARMACEUTICALS: Robert Ruffolo Quits as Director
DIGICEL GROUP: Moody's Affirms Caa1 Corp. Family Rating
DITECH HOLDING: Reaches Forbearance Agreements Creditors
ELANAR CONSTRUCTION: Case Summary & 20 Largest Unsecured Creditors
ELAS LLC: Has Authorization to Use Ocwen Cash Collateral

ELEMENTS BEHAVIORAL: PCO Files 3rd Report
ENCOUNTER MEDICAL: Says PCO Not Necessary
ENERGY FUTURE: NEI Appeal vs EALP, et al., Withdrawn from Mediation
EXGEN RENEWABLES IV: Moody's Lowers Sr. Sec. Debt Rating to B2
EYEPOINT PHARMACEUTICALS: Signs $20M Sales Agreement with B. Riley

FENOCHE ENERGY: Moody's Cuts Sr. Sec. Notes to Caa2, Outlook Neg.
FIELD SPORT: Case Summary & 12 Unsecured Creditors
FW INVESTMENTS: Seeks to Hire Blanchard Law as Legal Counsel
GARCES RESTAURANT: Court Awards CRC $325K in Fees and Expenses
GREGORY GILBERT: Pinands Buying Tahoe Property for $853K

GRIFFON CORP: Fitch Affirms B+ LT IDR, Outlook Stable
GYMBOREE GROUP: Case Summary & 50 Largest Unsecured Creditors
H N HINCKLEY: Thompson Buying 2006 Ford Box Truck for $12K Cash
HELIOS AND MATHESON: Yunxi Deng Stake at 0.04% as of Dec. 31
HOLBROOK SEARIGHT: Seeks Authorization to Use Cash Collateral

HORNBLOWER SUB: S&P Assigns 'B+' Rating on $42.5MM Term Loan B-1
HOVNANIAN ENTERPRISES: Issues $25 Million Notes to GSO Capital
ICONIX BRAND: Has Until May 27 to Regain Nasdaq Compliance
INPIXON: Has 4.2M Issued and Outstanding Shares of Common Stock
IOTA COMMUNICATIONS: Successfully Completes Tender Offer

J CREW GROUP: Millard Drexler Quits as Director and Chairman
JIT INDUSTRIES: Discloses Procedures on New Value Contribution
JOSEPHINE C. BELLO: Court Dismisses Suit vs Federal Defendants
JOY ENTERPRISES: Case Summary & 20 Largest Unsecured Creditors
JUPITER RESOURCES: S&P Discontinues 'D' Issuer Credit Rating

KOFAX PARENT: S&P Assigns 'B' ICR Amid Nuance Communications Deal
KRISTIN J. WRIGHT: H. Hart Bid to Exclude Sanchez Evidence Tossed
LA TRINIDAD: Jan. 29 Hearing on Disclosure Statement
LAKESHORE FARMS: Feb. 21 Plan and Disclosure Statement Hearing Set
LAS AMERICAS 74-75: Jan. 25 Hearing on Plan Confirmation

LEWIS FAMILY: Case Summary & 2 Unsecured Creditors
LEWIS FT. LAUDERDALE: Case Summary & 2 Unsecured Creditors
LUBY'S INC: Two Current Directors Will Step Down
MANSFIELD BOAT: Allowed to Use Cash Collateral on Interim Basis
MARVIN B. NGWAFON: Seeks to Hire Weiss Law Group as Legal Counsel

MATTRESS FIRM: Texas Court Reinstates Oldacre, et al.'s Appeal
MERCEDES HOMES: Creditor Trustee Selling Remnant Assets for $15K
MESOBLAST LIMITED: Draws Down $15M From Exiting Credit Facility
MONITRONICS INTERNATIONAL: Ascent Hires Moelis for Strategic Review
MR. COOPER: S&P Lowers Long-Term ICR to 'B', Outlook Stable

NEW BERN: CCW Summary Judgment Bid on WCC Indemnity Claim Allowed
NOVAN INC: Receives Noncompliance Notice from Nasdaq
ODYSSEY CONTRACTING: District Ct. Dismisses Appeal as Improper
PACIFIC GAS: S&P Lowers ICR to 'D' on Missed Interest Payment
PARKER DRILLING: Seeks to Hire Jackson Walker as Local Counsel

PEANUT CO: Kallevigs' $606K Sale of Bucyrus Residential Propty. OKd
PHYLLIS HANEY: Vallis Buying Chippewa Property for $160K
POST HOLDINGS: Moody's Upgrades CFR to B1, Outlook Stable
PREFERRED CARE: PCO Files 2nd Report for Five Facilities
PREMIERE ORTHO-PEDO: Seeks to Hire Weiss Law Group as Counsel

PRESCRIPTION ADVISORY: Plan to Convert Unsecured Debt to New Equity
PROJECT LEOPARD: Moody's Affirms B2 CFR, Outlook Negative
RADIOLOGY PARTNERS: S&P Retains 'B' ICR Amid Acquisitions
RANDAL D. HAWORTH: PCO Files 4th Interim Report
RFS SPORTS: Case Summary & 14 Unsecured Creditors

RUBY PIPELINE: Moody's Cuts Sr. Unsec. Notes to Ba2, Outlook Neg.
SANABI INVESTMENTS: Jan. 30 Hearing on Disclosure Statement
SCIENCE APPLICATIONS: S&P Raises ICR to 'BB+', Off CreditWatch
SEMGROUP CORP: Moody's Affirms B2 CFR, Outlook Stable
SKYPORT GLOBAL: Ruling Favoring ECAL, et al., vs Kubbernus Upheld

SLIGO PARKWAY: Unsecureds to Get $300 Per Month for 36 Months
SMART BATTERY: Seeks to Hire Mark S. Roher as Legal Counsel
SPA 810: Cash Collateral Use for January 2019 Expenses Okayed
SPI ENERGY: Will Raise $7.6 Million from Private Placement
ST. MARYS CEMENT: Moody's Rates $500MM Unsec. Notes Due 2041 'Ba2'

TACO BUENO: Court Approves Plan Outline; Confirms Prepackaged Plan
TAYLOR ASSOCIATES: Court Dismisses Suit vs Zamias Defendants
THAI LEMAR: Seeks to Hire JPC Law Office as Attorney
TOP TIER: Discloses Assertions, Allegations Against Shaw's Claims
TOPAZ SOLAR: Moody's Lowers Sr. Sec. Debt Rating to Caa2

VORAS ENTERPRISE: Jan. 23 Plan, Disclosure Statement Hearing
VOYAGER LEARNING: Hires Lowenstein Sandler as Counsel
WAND NEWCO: Moody's Assigns B2 Corp. Family Rating, Outlook Stable
WEINSTEIN COMPANY: Claim Filing Deadline Set For February 15
WEINSTEIN COMPANY: MUFG, UEI Lose Summary Judgment Bid vs AIIH

WELLNESS ANALYSIS: Wade Rosenburg Objects to Disclosure Statement
WHITE TAIL AUTO: Seeks to Hire Scott B. Riddle as Legal Counsel
WILLIAM PARKER: Court Allows GCAP Prepetition Default Interest
WOODBRIDGE GROUP: $300K Sale of Sachs' Carbondale Properties Okayed
WPB HOSPITALITY: Rite A Way Buying Denver Property for $9M

WYNTHROP PARTNERS: Case Summary & Unsecured Creditor

                            *********

166 HILLSIDE: Seeks to Hire Dal Lago Law as Legal Counsel
---------------------------------------------------------
166 Hillside LLC seeks approval from the U.S. Bankruptcy Court for
the Middle District of Florida to hire Dal Lago Law as its legal
counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist in the formulation of a plan of
liquidation; prosecute and defend causes of action on behalf of the
Debtor where special counsel is deemed unnecessary; and provide
other legal services related to its Chapter 11 case.

Michael Dal Lago, Esq., president of Dal Lago Law, charges an
hourly fee of $370.  The rates for associates and paraprofessionals
range from $165 to $250 per hour.

The firm received a pre-bankruptcy retainer of $8,830.50 from the
Debtor's principal.

Mr. Dal Lago disclosed in a court filing that the firm and its
attorneys are "disinterested" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Michael R. Dal Lago, Esq.
     Dal Lago Law
     999 Vanderbilt Beach Road, Suite 200
     Naples, FL 34108
     Telephone: 239-571-6877
     Email: mike@dallagolaw.com

                      About 166 Hillside LLC

166 Hillside LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-10706) on Dec. 13,
2018.  At the time of the filing, the Debtor estimated assets of $1
million to $10 million and liabilities of $1 million to $10
million.  The case is assigned to Judge Caryl E. Delano.  Dal Lago
Law is the Debtor's counsel.



21ST CENTURY: Court Grants Objection to Andrew Woods Claim
----------------------------------------------------------
21st Century Oncology Holdings, Inc., and its affiliated
reorganized debtors filed an objection to Claim No. 175 filed on
behalf of Andrew L. Woods.

Bankruptcy Judge Robert D. Drain granted the Claim objection as to
Woods' claim for post-petition prejudgment interest, and as to
pre-judgment interest on any portion of Woods' claim that is
capped, because it is not provided by the Employment Contract.
However, prepetition prejudgment interest at the applicable Florida
law rate will be allowed on the non-capped portion of the Claim
(that is, the portion of the Claim that was owing before or on
termination, without acceleration).

The Claim is based on 21C's prepetition termination of the
Employment Contract without cause on Sept. 23, 2016 and nonpayment
of amounts owing thereunder. There is no dispute that Woods was a
highly compensated 21C executive whose job included, among other
things, lobbying on the Debtors' behalf, a role critical to the
Debtors' heavily regulated business. As stated in the rider to the
Claim, Woods asserts an aggregate amount owing of $11,097,245.46 as
follows, plus accruing post-petition pre-judgment interest and
post-petition legal fees. Woods' right to the unpaid severance,
bonus payments, and benefits is governed by paragraph 3(b) and Art.
5 of the Employment Contract.

The Claim asserts that all three incentive bonuses in Employment
Contract were triggered pre-petition -- on Dec. 28, 2015, in
February 2015 and on or about July 2015, respectively. The Claim
seeks only $9 million of such bonuses because 21C made the initial,
$1 million payment on the first, $5 million bonus in January 2016.


The Debtors point out that the plain terms of the Employment
Contract provide that the bonuses are not payable upon their
triggering event but, instead, "annually over a five year period,
with the first payment payable within five business days following
the [trigger event]." Woods' right to the full amount of incentive
bonus payments is accelerated only upon certain types of Contract
termination, but not others, and, moreover, only if Woods timely
executes the Release. Thus, the Debtors argue, under the plain
terms of section 502(b)(7), with the exception of bonus
installments coming due and payable before or the Employment
Contract's termination (without acceleration) and one year's
projected payments thereafter, Woods' bonus claim must be
disallowed because it is compensation coming due only as a result
of acceleration upon Contract termination.

After a thorough analysis, the Court holds that the portion of the
Claim comprising Woods' accelerated bonuses is capped pursuant to
11 U.S.C. section 502(b)(7) in the way asserted in the Claim
Objection, including, if Woods is able to establish his right to a
bonus under both 3(b)(ii) and 3(b)(iii), as to both such bonuses.

The Claim Objection is also granted (a) pursuant to 11 U.S.C.
section 502(b)(2), as to Woods' claim for post-petition prejudgment
interest, and (b) pursuant to 11 U.S.C. section 502(b)(7), as to
prejudgment interest on any portion of Woods' claim that is capped,
because it is not provided by the Employment Contract. However,
pre-petition prejudgment interest at the applicable Florida law
rate will be allowed on the non-capped portion of the Claim.

The Court will not allow attorneys fees incurred in connection with
any portion of the Claim that the Debtors have not disputed. The
Claim Objection also is granted as to Woods' claim to attorneys'
fees relating to his capped claim, because they are not provided by
the Employment Contract as required by 11 U.S.C. section
502(b)(7)(A) and, moreover, he is not the prevailing party on the
"cap" issue. Attorneys' fees might be allowed to the extent related
to the portion of Woods' third bonus claim that would not be capped
under 11 U.S.C. section 502(b)(7) – that is, the portion owing,
without acceleration, before or on the Employment Contract's
termination date. However, the Court has not determined the
prevailing party on the issue of Woods' entitlement to a third
bonus. Thus the Court will decide whether Woods has an allowed
claim for such fees after deciding whether the parties intended the
bonuses under Employment Contract 3(b)(ii) and (iii) to be mutually
exclusive.

A copy of the Court's Memorandum Decision dated Jan. 11, 2019 is
available at:

    http://bankrupt.com/misc/nysb17-22770-1291.pdf

                    About 21st Century

Fort Myers, Florida-based 21st Century Oncology Holdings, Inc.
(NYSEMKT:ICC), formerly Radiation Therapy Services Holdings, Inc.,
is a physician-led provider of integrated cancer care (ICC)
services.  It operates an integrated network of cancer treatment
centers and affiliated physicians in the world which, as of
December 31, 2015, deployed approximately 947 community-based
physicians in the fields of radiation oncology, medical oncology,
breast, gynecological, general surgery and urology.  As of December
31, 2015, the Company's physicians provided medical services at
approximately 375 locations, including over 181 radiation therapy
centers, of which 59 operated in partnership with health systems.
Its cancer treatment centers in the United States are operated
under the 21st Century Oncology brand.

As of Sept. 30, 2016, 2st Century had $1.05 billion in total
assets, $1.39 billion in total liabilities, $472.34 million in
series A convertible redeemable preferred stock, $19.24 million in
non-controlling interests -- redeemable and a total deficit of
$833.89 million.

21st Century and 59 U.S. affiliates filed Chapter 11 petitions
under the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No. 17-22770)
on May 25, 2017.  At the time of the filing, the Debtors estimated
their assets and debt at $1 billion to $10 billion.  The bankruptcy
cases are before the Hon. Judge Robert D. Drain.

Lorenzo Marinuzzi, Esq., at Morrison & Foerster LLP, serves as the
Debtors' bankruptcy counsel.  Kurtzman Carson Consultants LLC is
the Debtors' claims and noticing agent.

On June 8, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The Committee has
tapped Morrison & Foerster LLP as counsel and Berkeley Research
Group, LLC, and financial advisor.


8800 LLC: Seeks Authority to Use Cash Collateral Through June 3
---------------------------------------------------------------
8800 LLC seeks authorization from the U.S. Bankruptcy Court for the
Central District of California to use of cash collateral in
accordance with the Debtor’s operating budget for the 19-week
period from Jan. 22, 2019 through and including June 3, 2019.

The Debtor's authority to use cash collateral pursuant to the
Second Cash Collateral Order will expire on Jan. 21, 2019.
Therefore, the Debtor seeks authority to continue using cash
collateral in accordance with its 19-week operating budget.

The Debtor has no ability to continue to operate and preserve its
business as a going concern unless it can use its current cash and
future revenue generated by its business to pay its operating
expenses, including, but not limited to, payroll, utilities, rent,
and to replenish inventory for the Restaurant.

The Debtor intends to use cash to (i) pay all of the expenses set
forth in the Budget, with authority to deviate from the line items
contained in the Budget by up to 10% by line item and 10% in the
aggregate without the need for any further Court order; and (ii)
pay all quarterly fees owing to the Office of the U.S. Trustee and
all expenses owing to the Clerk of the Bankruptcy Court.

The Debtor has three secured creditors, consisting of:

    (A) Sysco Los Angeles, Inc. is owed approximately $4,300, as of
the Petition Date. The Debtor contends that it is current with all
payments to Sysco.

    (B) On Deck Capital has a claim of approximately $17,000
secured by a second priority lien on all or substantially all of
the Debtor's assets. The $17,000 amount represents the approximate
outstanding balance owed by the Debtor to On Deck as of the
Petition Date, on account of a $125,000 business loan.

    (C) Arcarius LLC has a claim of approximately $178,000 secured
by a third priority lien on all or substantially all of the
Debtor's assets. The $178,000 amount represents the approximate
outstanding balance owed by the Debtor to Arcarius as of the
Petition Date, on account of a $140,000 of a loan dated June 18,
2018 from Arcarius to the Debtor.

Given the Debtor’s current operating and projected operating
performance and the fact that the going concern value of the
Debtor's business would be lost if the Debtor was forced to shut
down its business, the Debtor submits that the Secured Creditors
are adequately protected, and substantially benefited by the
Debtor's continued operation of its business and use of cash
collateral.

Based on the current estimated aggregate value of the collateral
(including the Debtor's cash, accounts receivable, inventory, fixed
assets, and other assets), which the Debtor believes is worth
approximately $1.6 million as of the Petition Date, the Debtor
submits that the Secured Creditors' liens (securing the Secured
Creditors' claims in the aggregate amount of approximately
$200,000) are adequately protected by a substantial and meaningful
equity cushion.

Further, the Debtor believes that the collateral will not be
depreciating in any meaningful amount in the short run, and thus
there is no need for the Debtor to be required to make adequate
protection payments.

In addition, as further adequate protection of the Debtor's use of
cash collateral, the Debtor proposes that its continued operation
will protect the value of the Secured Creditors' collateral, and
that the Secured Creditors would receive replacement liens against
the Debtor's post-petition assets. Such replacement liens will have
the same validity, priority, and extent as the prepetition liens
held by the Secured Creditors against the Debtor's cash.

Also, consistent with the First Cash Collateral Order and Second
Cash Collateral Order, as additional adequate protection for the
Debtor's use of the cash collateral of Arcarius, the Debtor will
agree to continue making daily payments to Arcarius of $250 for
five days per week (i.e., aggregate payments of $1,250 per week)
during the continued cash collateral period.

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

             http://bankrupt.com/misc/cacb18-17263-118.pdf

                         About 8800 LLC

8800 LLC is a privately held company whose principal assets are
located at 8800 Sunset Blvd. West Hollywood, CA 90069.  8800 LLC
filed a Chapter 11 petition (Bankr. C.D. Cal. Case No. 18-17263) on
June 22, 2018.  In the petition signed by Alan Nathan, managing
member, the Debtor estimated assets and liabilities at $1 million
to $10 million.  The case is assigned to Judge Robert N. Kwan.  The
Debtor is represented by lawyers at Levene, Neale, Bender, Yoo &
Brill L.L.P.


A V CAR & HOME: Taja Renews Offer to Purchase Property for $2.3MM
-----------------------------------------------------------------
A V Car and Home, LLC, filed its first amended disclosure statement
with respect to its chapter 11 plan of liquidation.

The amended disclosure statement provides that Taja Investments,
LLC has renewed its offer to purchase the Washington D.C. Property
for $2.3 million, provided that the Debtor can provide clear title
to the Property that would be insurable by a commercial title
insurance company. Taja has provided a letter from Capital Bank
advising that Taja's principal, Michael Watson, is a long-time
client of Capital Bank in excellent standing and based upon their
current lending relationship, and a recent review of Mr. Watson's
financial profile, it would finance the purchase of the Property
subject to standard underwriting terms and conditions.

A copy of the redlined First Amended Disclosure Statement is
available at https://tinyurl.com/yavdtsrn from Pacermonitor.com at
no charge.

                    About A V Car & Home

A V Car & Home LLC, a company based in Washington, DC, is engaged
in activities related to real estate.  A V Car & Home sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. D.C.
Case No. 18-00434) on June 20, 2018.  In the petition signed by
Shawntell Parker, authorized representative, the Debtor estimated
assets of $1 million to $10 million and liabilities of $1 million
to $10 million.  Judge Martin S. Teel, Jr., presides over the case.


ACRISURE LLC: S&P Assigns 'B' Rating New Senior Secured Notes
-------------------------------------------------------------
S&P Gobal Ratings said that it assigned its 'B' debt ratings to
Acrisure LLC's proposed new senior secured notes, expected to total
$500 million maturing in 2024.

S&P said, "We expect Acrisure to use the purposed $500 million in
additional debt to fund bolt-on acquisitions and for general
corporate purposes. The ratings on Acrisure Holdings Inc. and its
core subsidiaries--including our 'B' long-term issuer credit
rating, 'B' first-lien credit facility debt ratings, and 'CCC+'
second-lien term loan debt rating--are unaffected by the new senior
secured notes."

S&P said, "Our 'B' long-term issuer credit rating on Acrisure
reflects its fair business risk profile and highly leverage
financial risk profile. Acrisure has a fair business position in
the highly competitive, fragmented, and cyclical middle-market
insurance brokerage industry. Our financial risk assessment
includes our expectation that Acrisure will maintain significant
debt in its capital structure to fund its aggressive acquisition
strategy using debt and debt-like instruments."

  Ratings List

  Acrisure LLC
   Senior Secured                         B
  
  New Rating

  Acrisure LLC
   Senior Secured nts due 2024            B
     Recovery Rating                      3(60%)



ADAMIS PHARMACEUTICALS: Sandoz Launches SYMJEPITM in the US
-----------------------------------------------------------
Adamis Pharmaceuticals Corporation's marketing and commercial
partner, Sandoz Inc. (Sandoz), a Novartis division, has launched
SYMJEPI (epinephrine) 0.3 mg Injection in the US market for the
emergency treatment of allergic reactions (Type 1), including
anaphylaxis.  Sandoz is launching this medicine as an affordable,
single-dose, pre-filled syringe alternative to epinephrine
auto-injectors.

SYMJEPI will be rolled out via a phased launch and will initially
be available in the institutional setting, an established channel
where Sandoz Inc. has significant experience and knowledge,
followed by introduction into the retail market.

SYMJEPI 0.3 mg Injection is indicated for the emergency treatment
of allergic reactions (Type 1), including anaphylaxis, to stinging
and biting insects, allergen immunotherapy, foods, drugs,
diagnostic testing substances and other allergens, as well as
idiopathic or exercise-induced anaphylaxis.  SYMJEPI 0.3 mg
Injection is intended for immediate administration in patients who
weigh 66 pounds or more and are determined to be at an increased
risk for anaphylaxis.

Dr. Dennis J. Carlo, president and chief executive officer of
Adamis Pharmaceuticals, stated, "This launch is a significant
milestone in the history of our company.  Both Symjepi 0.3 mg and
Symjepi 0.15 mg products stem from Adamis' commitment to develop
and provide high quality, affordable treatment options to patients.
With recent news of epinephrine product shortages in the US, we
worked together with Sandoz in getting this potentially life-saving
quality product into the market as quickly as possible.  We are
very excited to be partnered with Sandoz and anticipate a
successful launch of this product."

The Company said it is also working closely with Sandoz to prepare
for the US launch of Symjepi 0.15 mg Injection, approved by the US
Food and Drug Administration in September 2018, to treat patients
who weigh between 33 and 65 pounds.

                         About Adamis

San Diego, Calif.-based Adamis Pharmaceuticals Corporation
(OTCQB:ADMP) -- http://www.adamispharmaceuticals.com/-- is a
specialty biopharmaceutical company primarily focused on developing
and commercializing products in various therapeutic areas,
including respiratory disease and allergy.  The company's Symjepi
(epinephrine) Injections 0.3mg and 0.15mg were approved for use in
the emergency treatment of acute allergic reactions, including
anaphylaxis.  Adamis recently announced a distribution and
commercialization agreement with Sandoz, a division of Novartis
Group, to market Symjepi in the U.S. Adamis is developing a
sublingual tadalafil product candidate as well as additional
product candidates, using its approved injection device, and a
metered dose inhaler and dry powder inhaler devices.  The company's
subsidiary, U.S. Compounding, Inc., compounds sterile prescription
drugs, and certain nonsterile drugs for human and veterinary use,
to patients, physician clinics, hospitals, surgery centers and
other clients throughout most of the United States.

Adamis incurred a net loss of $25.53 million in 2017 compared to a
net loss of $19.43 million in 2016.  As of Sept. 30, 2018, the
Company had $70.22 million in total assets, $12.40 million in total
liabilities and $57.82 million in total stockholders' equity.

The report from the Company's independent accounting firm Mayer
Hoffman McCann P.C., in San Diego, California, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company has incurred
recurring losses from operations, and is dependent on additional
financing to fund operations.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.


ADVANCED SPORTS: Bankr. Administrator Names Luis Salazar as CPO
---------------------------------------------------------------
U.S. Bankruptcy Administrator of the Middle District of North
Carolina, William P. Miller, Esq., appoints Luis Salazar as the
Consumer Privacy Ombudsman of Advanced Sports Enterprises, Inc.

The appointment was made pursuant to Section 332 of the Bankruptcy
Code, Federal rule of Bankruptcy Procedure 6004 and the Court's
Order directing the Bankruptcy Administrator to appoint a consumer
privacy ombudsman for the Debtor.

In a Verified Statement, Mr. Salazar disclosed that he is a
"disinterested person" within the meaning of Section 101(14) and
332(a) of the Bankruptcy Code.

Mr. Salazar can be reached at:

     Luis Salazar, Esq.
     SALAZAR LAW
     2000 Ponce de Leon Boulevard
     Penthouse, Coral Gables, FL 33134

        About Advanced Sports Enterprises

Advanced Sports Enterprises, Inc., designs, manufactures and sells
bicycles and related goods and accessories.

Advanced Sports, Inc., is a wholesale seller of bicycles and
accessories.  ASI owns the following bicycle brands and is
responsible for their design manufacture and worldwide
distributions: Fuji, Kestrel, SE Bikes, Breezer, and Tuesday.

Performance Direct, Inc., designs, manufactures and sells bicycles
and related goods and accessories and operates a national
distribution of these goods under the Performance Bicycle brand
through an internet website business via the URL
http://www.performancebike.com/    
   
Bitech, Inc., operates 104 retail stores across 20 states under the
Performance Bicycle brand related to the sale of bicycles and
elated good and accessories.  The businesses of Performance and
Bitech operate in conjunction with each other and they share a
number of services and a distribution warehouse.

Nashbar Direct, Inc., designs, manufactures and sells bicycles and
related goods and accessories under the Bike Nashbar brand through
an internet website business via the URL
http://www.bikenashbar.com/ The businesses of Nashbar also operate
in conjunction with Performance and share services and a
distribution warehouse.

Advanced Sports Enterprises and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. M.D.N.C. Lead Case
No. 18-80856) on Nov. 16, 2018.  

Advanced Sports Enterprises estimated assets of $1 million to $10
million and liabilities of $10 million to $50 million while
Advanced Sports, Inc., estimated assets of $100 million to $500
million and liabilities of $50 million to $100 million.  

The Hon. Benjamin A. Kahn is the case judge.

The Debtors tapped Northen Blue, LLP and Flaster/Greenberg P.C. as
their bankruptcy counsel; D.A. Davison & Co. as investment banker;
Clear Thinking Group LLC as financial advisor; and Kurtzman Carson
Consultants LLC as claims, noticing and balloting agent.

William Miller, the bankruptcy administrator for the Middle
District of North Carolina, appointed an official committee of
unsecured creditors on Nov. 27, 2018.  The committee tapped Waldrep
LLP and Cooley LLP as its legal counsel, and Province Inc. as its
financial advisor.


AKORN INC: S&P Cuts ICR to 'B-' on Continued Business Uncertainty
-----------------------------------------------------------------
S&P Global Ratings lowered the rating on Akorn Inc. to 'B-' from
'B' on growing concern over the company's ability to resolve
increasing challenges, most recently a US Food and Drug
Administration (FDA) warning letter related to findings at its
Decatur, Ill., manufacturing plant. The company already faces
increasing competition, expenses, and pricing pressure, all of
which reduced EBITDA and cash flow generation. It has new
management, may need to refocus staff after its recent failed
merger with Fresenius Kabi AG, and is investigating and potentially
remediating data integrity issues.

The stable outlook reflects the company's still sizable cash
balance, which gives management time to address these issues and
eventually increase EBITDA and cash flow.



ALEXANDER SEAWRIGHT: Voluntary Chapter 11 Case Summary
------------------------------------------------------
Debtor: Alexander Seawright Transportation, LLC
        4247 Crane Blvd
        Jackson, MS 39216

Business Description: Alexander Seawright Transportation, LLC
                      provides transportation and shipping
                      services across the United States.  Its
                      fleet of trucks specializes in hauling
                      refrigerated freight and produce.

Chapter 11 Petition Date: January 18, 2019

Court: United States Bankruptcy Court
       Southern District of Mississippi
       (Jackson-3 Divisional Office)

Case No.: 19-00217

Judge: Hon. Neil P. Olack

Debtor's Counsel: Craig M. Geno, Esq.
                  LAW OFFICES OF CRAIG M. GENO, PLLC
                  587 Highland Colony Pkwy.
                  Ridgeland, MS 39157
                  Tel: 601 427-0048
                  Fax: 601-427-0050
                  E-mail: cmgeno@cmgenolaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jon Seawright, manager.

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/mssb19-00217.pdf


ALLEN CROSTHWAIT: D. Baird Not Entitled to Prejudgment Interest
---------------------------------------------------------------
In the case captioned DAVID E. BAIRD, Plaintiff, v. ALLEN EDWARD
CROSTHWAIT, Defendant, A.P. No. 15-01089-JDW (Bankr. N.D. Miss.),
Bankruptcy Judge Jason D. Woodard entered an order denying
Plaintiff's motion to amend final judgment to determine interest
and to determine prejudgment interest and lift the stay.

A hearing was held on Dec. 18, 2018, where the Court heard argument
and took the matter under advisement. As discussed in open court,
the Plaintiff failed to request prejudgment interest in any of his
pleadings prior to entry of the Court's Memorandum Opinion and
Final Judgment, which is fatal to his request for prejudgment
interest. The Plaintiff is entitled to post-judgment interest
without such a request or explicit inclusion in the Final Judgment.
Thus, the Second Motion for Prejudgment Interest is due is denied.

Here, the Plaintiff did not request prejudgment interest in any of
his pleadings prior to the entry of the Memorandum Opinion, nor did
he put on any evidence regarding prejudgment interest at trial. He
filed numerous pleadings and never mentioned prejudgment interest
or included an amount in his damages request that could be
attributable to prejudgment interest. Also, there is no mention of
prejudgment interest in the pretrial order.

The Plaintiff's first actual request for prejudgment interest, his
Second Motion for Prejudgment Interest, was filed after the trial,
after the Memorandum Opinion was entered, after the attorney's fees
were determined, and after the Final Judgment was entered. This
request was made almost two months after the trial took place. The
Defendant objected to the Second Motion for Prejudgment Interest.
There was no express or implied consent by the Defendant at any
point.

The Plaintiff did not request prejudgment interest until after the
Final Judgment was entered. Under Mississippi law, this request is
too late and, thus, the Plaintiff is not entitled to prejudgment
interest.

In sum, the Plaintiff's request for prejudgment interest was
untimely and his request for post-judgment interest was unnecessary
and thus, the Final Judgment is not due to be amended.

A copy of the Court's Order dated Dec. 19, 2018 is available at
https://bit.ly/2M6DIue from Leagle.com.

David E. Baird, Plaintiff, represented by Stephen P. Livingston,
Sr. & Rex F. Sanderson.

Allen Edward Crosthwait, Defendant, represented by Craig M. Geno,
Law Offices of Craig M. Geno, PLLC.

Based in Houston, Mississippi, Allen Edward Crosthwait filed for
chapter 11 bankruptcy protection ((Bankr. N.D. Miss. Case No.
05-19292) on  Oct. 14, 2005, with estimated assets at $1 Million to
$10 Million and estimated debts at $1 Million to $10 Million.


ALLIED CONSOLIDATED: Rail Rights Part of Creditor Trust's Assets
----------------------------------------------------------------
Trustee John Lane filed a motion for Clarification of Plan
Provision and Rights of Creditor Trustee. Creditor United States
Steel Corporation filed a Response in Support of Trustee's Motion.
In his Motion, the Trustee seeks clarification regarding whether
the Confirmed Plan of Reorganization provided for the transfer of
various rail rights to the Creditor Trust with the real property
or, instead, that those rights are controlled by the Reorganized
Debtor as part of the "Litigation Claims."

Bankruptcy Judge John P. Gustafson finds that the Confirmed Plan
unambiguously provides that the rail rights at issue in this matter
are property of the Creditor Trust, and were not separated from the
300 Acres of Industrial Real Estate and transferred to the
Reorganized Debtor by implication as part of the Litigation Claims.
To hold otherwise would be to contradict the plain meaning of the
language used on the Confirmed Plan.

Trustee filed his Motion for Clarification of Plan Provision and
Rights of Creditor Trustee on Nov. 12, 2018, arguing that
clarification was needed so that he could be certain that various
rail rights associated with the estate are property of the Creditor
Trust. Trustee asserts that clarification is needed in order for
the Creditor Trust to negotiate for the sale of railway-affected
property. His position is that the rail rights should be regarded
as assets of the Creditor Trust, pursuant to the Confirmed Plan.
This issue arises in the context of the negotiation of a sale of a
parcel of land that the Creditor Trust has called the "Brown Beaver
Parcel," which has been represented to be "under contract."

Reorganized Debtor filed its Response to Trustee's Motion, arguing
that it believes it has "all right, title and interest in the rail
rights and rail easement rights4 pursuant to Article VI of the
Confirmed Plan."

At issue, in this case, is the interpretation of a confirmed
Chapter 11 plan of reorganization. Here, the court finds that an
application of Ohio's rules of contract interpretation to the
Confirmed Plan weighs heavily in favor of the Trustee’s argument
that the rail rights at issue are property of the Creditor Trust.

In applying Ohio's rules of contract interpretation, the court
finds that the Confirmed Plan unambiguously states that all assets,
other than the Litigation Claims, became property of the Creditor
Trust as of the effective date of the Confirmed Plan. In other
words, the court construes "all of the real and personal property
of the Debtor, both tangible and intangible, except the Litigation
Claims" to mean what it says. The language describing the Creditor
Trust Assets is broad, with the Confirmed Plan stating that Trust
Assets "include without limitation the following:" The "300 Acres
of Industrial Real Estate" is specifically included in the Trust
Assets, with no stated limitation relating to rail rights.

Though Reorganized Debtor argues that the term "Litigation Claims"
encompasses rail rights because some of those claims relate to
disputes over use of rail easements, the court finds this argument
unpersuasive because it contradicts the ordinary meaning of the
Confirmed Plan’s language.

In sum, the Court orders that all rail rights transferred with the
"300 Acres of Industrial Real Estate," are part of the assets of
the Creditor Trust, and may be sold with the real estate pursuant
to the provisions for sale set forth in the Confirmed Plan.

A copy of the Court's Memorandum Opinion and Order dated Jan. 11,
2019 is available at:

     http://bankrupt.com/misc/ohnb16-40675-611.pdf

           About Allied Consolidated Industries

Co-founded on March 7, 1973, by current president, John R. Ramun,
and his father, Michael Ramun, Allied Erecting and Dismantling,
Inc., provided industrial dismantling of decommissioned industrial
facilities.  In 1985, Allied Industrial Scrap, Inc., Allied
Industrial Equipment, Inc., Allied Industrial Development
Corporation, and Allied Industrial Contracting, Inc., came into
being.  The Allied companies' complex at 1999 Poland venue,
Youngstown, Ohio includes a 25,000 square foot office building and
a new 218,000 square foot machine shop, office, and training
facility.

Allied Consolidated Industries, Inc., is the parent company.
President John R. Ramun is a 75% shareholder and his brother,
Michael D. Ramun, is a 25% shareholder.

Allied Consolidated Industries, Allied Erecting and Dismantling,
Allied Gator, Inc., and Allied Industrial Scrap sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ohio Lead Case
No. 16-40675) on April 13, 2016.  The petitions were signed by John
R. Ramun, president.

The Court approved the retention of Suhar & Macejko, LLC, as
counsel for the Debtors on May 12, 2016.  The Court entered an
agreed order approving the retention of Inglewood Associates, LLC,
as turnaround managers on May 13, 2016.  The Court approved the
retention of Eckert Seamans Cherin & Mellott, LLC, as special
counsel on July 18, 2016.

The Debtors have sought approval to employ Landmark Real Estate
Services, LLC, as the non-exclusive real estate broker in
connection with the listing for sale of 240 acres of properties for
a listing period through June 30, 2017.

On May 16, 2016, the United States Trustee filed a notice of
appointment of an Official Committee of Unsecured Creditors.  On
June 30, 2016, the bankruptcy court granted the committee's
application to retain counsel.

On July 11, 2016, the bankruptcy court entered an order granting
substantive consolidation of the estates of the debtor companies.

On June 19, 2017, the Court confirmed the Debtor's Second Amended
Joint Plan of Reorganization. Thereafter the Creditor Trust was
created in accordance with Article 8 of the Plan and the Trust
Agreement.  John Lane was appointed as Trustee.

The estates of each of the Debtors were substantively consolidated
into the estate of Allied Consolidated Industries, Case No.
16-40675.


ANGEL MEDICAL: Unsecureds to Get $500K Under Prepack Plan
---------------------------------------------------------
General Unsecured Claims against Angel Medical Systems, Inc., are
impaired and each holder of such claim will receive its pro rata
share of $500,000 under the Debtor's prepackaged plan of
reorganization.

General unsecured claims, classified in Class 6, has an estimated
recovery up to 100%, subject to dilution for unknown unliquidated,
disputed, and contingent claims.

Class 3 - 2012 Secured Notes Claims are impaired with estimated
recovery of 12%. Each Holder will receive its pro rata share of the
Junior Noteholder New Common Stock Allocation.

Class 4 - 2014 Secured Notes are impaired. Each Holder will receive
its pro rata share of the Junior Claims with estimated Recovery of
12%. Noteholder New Common Stock Allocation.

Class 5 - 2016 Secured Notes Claims are impaired with estimated
recovery of 100%. Each Holder will receive its pro rata share of
the Senior Noteholder New Series A Preferred Stock Allocation.

Class 8 - Old Equity Interests are impaired.  On the Effective
Date, all Old Equity Interests shall be cancelled and Holders of
Old Equity Interests and Claims arising from or related to Old
Equity Interests that are subject to subordination under section
510(b) of the Bankruptcy Code shall not receive or retain any
property on account thereof.

On the Effective Date, the Reorganized Debtor shall be deemed to
have adopted the Amended and Restated Articles of Incorporation and
the Debtor will continue to exist after the Effective Date as a
Delaware corporation. All Cash necessary for the Reorganized Debtor
to make payments required by the Plan shall be obtained from (a)
existing Cash balances, (b) the DIP Facility, and (c) sale and
issuance of New Series A Preferred Stock under the New Series A
Preferred Stock Purchase Documents. On the Effective Date, upon the
terms and subject to the conditions set forth in the Plan and the
Amended and Restated Articles of Incorporation, the Reorganized
Debtor shall issue, sell and deliver the New Common Stock to
holders of 2012 New Note Claims and 2014 Note Claims.

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

         http://bankrupt.com/misc/deb18-1812903-5.pdf

                About Angel Medical Systems Inc.

Angel Medical Systems, Inc. -- http://www.angel-med.com/-- is a
manufacturer of cardiac medical devices headquartered in Eatontown,
New Jersey.

Angel Medical Systems sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Case No. 18-12903) on Dec. 31,
2018.  At the time of the filing, the Debtor estimated assets of $1
million to $10 million and liabilities of $50 million to $100
million.

The Debtor tapped Morris James LLP as its bankruptcy counsel, and
Honigman Miller Schwartz and Cohn LLP as co-counsel with Morris
James.


APSLEY MEDICAL: Taps Langley & Banack as Legal Counsel
------------------------------------------------------
Apsley Medical Group, PA received approval from the U.S. Bankruptcy
Court for the Western District of Texas to hire Langley & Banack,
Inc., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

William Davis Jr., Esq., a partner at Langley and the attorney who
will be handling the case, charges an hourly fee of $375.  His firm
received a retainer of $12,500, which included the filing fee.

Mr. Davis disclosed in a court filing that his firm neither holds
nor represents any interest adverse to the Debtor and its
bankruptcy estate.

Langley can be reached through:

     William Davis, Jr., Esq.
     Langley & Banack, Inc.
     745 E. Mulberry, Suite 700
     San Antonio, TX 78212
     Phone: (210) 253-7135/(210) 736-6600
     Email: wrdavis@langleybanack.com

                  About Apsley Medical Group PA

Apsley Medical Group, PA sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Texas Case No. 19-50062) on Jan. 10,
2019.  At the time of the filing, the Debtor had estimated assets
of less than $50,000 and liabilities of less than $500,000.  The
case is assigned to Judge Ronald B. King.  Langley & Banack, Inc.,
is the Debtor's legal counsel.



ARCHDEKIN INVESTMENTS: Ruling in S. Archdekin's Favor Partly Upheld
-------------------------------------------------------------------
In the appeals case captioned SYBIL ANNE ARCHDEKIN, Respondent, v.
JARRETT ALAN ARCHDEKIN, Appellant, No. SC96640 (Mo.), Judge
Patricia Breckenridge reversed the trial court's award to Sybil
Archdekin of retroactive maintenance in the final judgment. In all
other respects, the final judgment is affirmed.

Jarrett Alan Archdekin ("Husband") appeals from the trial court's
final judgment dissolving his marriage to Sybil Anne Archdekin
("Wife"). In 2013, the trial court initially entered its
Interlocutory Judgment Entry for Dissolution of Marriage, which
dissolved the marriage, divided a small amount of marital property,
and, among other things, ordered Husband to pay Wife $1,500 per
month in maintenance, retroactive to Nov. 1, 2011. The
interlocutory judgment, however, did not divide all the parties'
property because of a bankruptcy stay. The trial court twice
modified the interlocutory judgment to correct clerical errors and
to attempt to authorize appeal of the interlocutory provisions
pursuant to Rule 74.01(b). On April 19, 2016, the trial court
entered its Final Judgment Entry and Dissolution of Marriage, which
divided the remainder of the parties' property and, again, ordered
Husband to pay Wife $1,500 per month in maintenance retroactive to
Nov. 1, 2011.

On appeal, Husband asserts the maintenance awarded in the
interlocutory judgments was not final and was, thereby, erroneous
because it was made prior to the final division of the parties'
property and awarded maintenance retroactively. He also contends
the trial court erred in finding Wife met the statutory criteria
for maintenance and in the amount of maintenance awarded.

This Court finds the trial court's Second Amended Interlocutory
Judgment was not a final, appealable judgment because it did not
order a complete distribution of marital property. The trial
court's award of maintenance, therefore, was not final until entry
of the April 19, 2016 judgment. Likewise, the trial court's
retroactive award of maintenance in the interlocutory judgments was
erroneous because a retroactive maintenance award is not authorized
under section 452.335. Nevertheless, although the need for and
amount of maintenance was erroneously determined prior to the final
disposition of property, such error was not material because the
final division of property did not make any significant change in
the award of property to the parties.

Additionally, in its final judgment, the trial court erroneously
applied a modification of maintenance standard based on the invalid
award of maintenance from the interlocutory order. But Husband was
not prejudiced by the application of the improper standard because
the trial court made alternative findings under the proper standard
that did not materially change the award of maintenance.

Finally, the trial court did not misapply the law in determining
Wife's need for maintenance or the amount of maintenance because
any errors were not material and, therefore, do not require
reversal of the maintenance award. The award of retroactive
maintenance in the final judgment is reversed. In all other
respects, the final judgment is affirmed.

A copy of the Court's Decision dated Dec. 18, 2018 is available at
https://bit.ly/2RoaIE2 from Leagle.com.

The husband was represented by Craig D. Ritchie of Ritchie, Soper &
Schutt LLC, in St. Joseph, (816) 387-8200.

The wife was represented by James D. Boggs of The Boggs Law Firm in
Kansas City, (816) 587-6688.


ASSOCIATED ASPHALT: S&P Affirms 'B' ICR on Improved Margins
-----------------------------------------------------------
S&P Global Ratings noted that U.S.-based Asphalt distributor
Associated Asphalt Partners LLC (AA) benefitted from improved
market conditions in 2018 leading to strong volumes and margins.

S&P thus affirms its 'B' issuer credit and senior secured debt
ratings on Associated Asphalt. S&P based the senior secured rating
on the '3' recovery rating reflecting its expectation of meaningful
(50%-70%; rounded estimate: 65%) recovery.  

S&P said, "The affirmation reflects our view that the company's
leverage will remain below 6x in 2019.

"The stable outlook reflects our expectation that AA will maintain
adequate liquidity to service debt obligations and leverage less
than 6x excluding peak working capital borrowings. We expect 2019
debt-to-EBITDA leverage to be between 5.5x and 5.75x

"We could lower the ratings on AA if we viewed liquidity as less
than adequate or if we expected adjusted debt to EBITDA to be
sustained above 6x. This could occur due to a prolonged period of
intense competition, which pressures margins and volumes.

"We view an upgrade unlikely within the next 12 months. However, we
could consider a positive rating action if the company's
competitive landscape improves and it reduces debt materially below
4.5x on a sustained basis."



B. & J. PROPERTY: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: B. & J. Property Investments, Inc.
        4490 Silverton Rd. NE
        Salem, OR 97305

Business Description: B. & J. Property Investments, Inc. is
                      a privately held company engaged in
                      commercial and industrial machinery and
                      equipment rental and leasing.

Chapter 11 Petition Date: January 17, 2019

Court: United States Bankruptcy Court
       District of Oregon (Eugene)

Case No.: 19-60138

Judge: Hon. Peter C. McKittrick

Debtor's Counsel: Timothy J. Conway, Esq.
                  TONKON TORP LLP
                  1600 Pioneer Tower
                  888 SW 5th Ave
                  Portland, OR 97204
                  Tel: (503) 802-2027
                       (503) 221-1440
                  E-mail: tim.conway@tonkon.com

                     - and -

                   Ava L. Schoen, Esq.
                   TONKON TORP LLP
                   1600 Pioneer Tower
                   888 SW 5th Ave
                   Portland, OR 97204
                   Tel: (503) 802-2143
                   E-mail: ava.schoen@tonkon.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by William Berman, president.

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

    http://bankrupt.com/misc/orb19-60138_creditors.pdf

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

          http://bankrupt.com/misc/orb19-60138.pdf


BELLA SPOSA: Capital Contributions from Officers to Fund Plan
-------------------------------------------------------------
Bella Sposa, LLC filed with the U.S. Bankruptcy Court for the
District of Nevada a disclosure statement describing its proposed
plan of reorganization dated Jan. 8, 2019.

Under the plan, Class 2 consists of Deutsche Bank secured claim in
the amount of $825,000 as of Jan. 1, 2019. Debtor seeks to enforce
a modification agreement entered into with Deutsch Bank in 2011.
The modification reduced the principal balance of the Note secured
by Deed of Trust from $1,150,000 to $825,000 due to the declining
valuation of the property. Debtor will pay off this debt by making
payments of $1,000 per month using capital contributions from
officers.

Class 3 unsecured claims will be paid in full using capital
contributions from the Debtor's officers on the plan Effective
Date.

The plan will be funded by capital contributions from officers of
the Debtor.

A copy of the Disclosure Statement is available at
https://tinyurl.com/yc6ef297 from Pacermonitor.com at no charge.

                    About Bella Sposa

Bella Sposa, LLC is a lessor of real estate based in Las Vegas,
Nevada. The company previously sought bankruptcy protection on Nov.
1, 2016 (Bankr. D. Nev. Case No. 16- 15869).

The company again filed for chapter 11 protection (Bankr. D. Nev.
Case No. 18-15922) on Oct. 1, 2018, with estimated assets $500,000
to $1 million and estimated liabilities of $1 million to $10
million. The petition was signed by Christopher Villareale,
manager.

Judge August B. Landis presides over the case.


BIBHU LLC: Court Junks Alicia Vergara's Rule 2004 Discovery Bid
---------------------------------------------------------------
Bankruptcy Judge Martin Glenn entered an order denying Alicia
Vergara's application for Rule 2004 for examination of Debtor Bibhu
LLC by Testimony of Robert Beard and Bibhu Mohapatra, and of Their
LLC, Fly Art.

Vergara sought an order authorizing extensive Rule 2004 discovery,
including examination of witnesses and document production, from
the Debtor (documents only), Beard, Mohapatra, and Fly Art.

Bibhu Mohapatra and Robert Beard filed an objection to the
Application. Through non-debtor Fly Art LLC,  Mohapatra and Beard
indirectly own 54.68% of the equity of the debtor Bibhu LLC. The
Chapter 11 Trustee of the Debtor, Yann Geron, also filed an
objection to the Application.

Mohapatra and Beard argued that Vergara has failed to establish
good cause for the Rule 2004 examination of Mohapatra and Beard.
Mohapatra and Beard contended that it is not clear what "claim" the
applicant is seeking to establish by means of the proposed
examination. During the argument on the Application, Vergara's
attorney said that the state court claims against Mohapatra and
Beard include fraud.

Geron characterizes the Application as "efforts of one creditor who
is seeking to prosecute non-estate claims against third parties
outside of this bankruptcy case and whose efforts will bring no
benefit to this estate." Furthermore, Geron contends that Vergara
improperly seeks discovery in the bankruptcy case for use in the
pending state court civil litigation against the Mohapatra, Beard
and Fly Art. This, Geron argues, provides a sufficient basis for
denying the Application.  In addition, Geron asserts that the
Application duplicates his efforts in investigating the Debtor’s
financial affairs and in pursuing recovery for the creditors.

The Court finds that Vergara's Application does not fulfill the
purpose of a Rule 2004 examination. It does not seek to "discover
the nature and extent of the bankruptcy estate in order to
distribute the debtor's assets for the benefit of its creditors."
Vergara's unsecured claim in the bankruptcy case is based on a
promissory note. It is only in the state court action against
Beard, Mohapatra, and Fly Art that the more-difficult-to-prove
fraud claim is alleged. Vergara is seeking Rule 2004 discovery for
the improper purpose of obtaining discovery for the pending state
court civil litigation. The application for Rule 2004 discovery is,
therefore, denied.

A copy of the Court's Memorandum Opinion and Order dated Jan. 10,
2019 is available at:

     http://bankrupt.com/misc/nysb17-10042-125.pdf

                       About Bibhu LLC

Bibhu, LLC filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y.
Case No. 17-10042) on Jan. 10, 2017.  In the petition signed by its
authorized representative, Bihbu Mohapatra, the Debtor estimated
less than $100,000 in assets and less than $1 million in
liabilities.

Judge Martin Glenn presides over the case.

Alla Kachan, Esq., at the Law Offices of Alla Kachan P.C. serves as
the Debtor's bankruptcy counsel.

Yann Geron was appointed Chapter 11 trustee for the Debtor.


BLACK BOX: Terminates Registration of Common Stock
--------------------------------------------------
Black Box Corporation has filed with the Securities and Exchange
Commission a Form 15-12G notifying the termination of registration
of its common stock under Section 12(g) of the Securities Exchange
Act of 1934.  As a result of the Form 15 filing, the Company is no
longer required to file certain reports under the Exchange Act with
the SEC.

                        About Black Box

Black Box Corporation -- http://www.blackbox.com/-- is a digital
solutions provider dedicated to helping customers design, build,
manage, and secure their IT infrastructure.  Offerings under the
Company's services platform include unified communications, data
infrastructure and managed services.  Offerings under the Company's
products platform include IT infrastructure, specialty networking,
multimedia and keyboard/video/mouse switching.

Black Box reported a net loss of $100.09 million for the year ended
March 31, 2018, compared to a net loss of $7.05 million for the
year ended March 31, 2017.  As of Sept. 29, 2018, Black Box had
$297.8 million in total assets, $237.8 million in total
liabilities, and $59.94 million in total stockholders' equity.

The audit opinion included in the company's Annual Report on Form
10-K for the year ended March 31, 2018 contains a going concern
explanatory paragraph expressing substantial doubt about the
Company's ability to continue as a going concern.  BDO USA, LLP,
the Company's auditor since 2005, noted that the Company has
suffered recurring losses from operations, has negative operating
cash flow and is dependent upon raising additional capital or
refinancing its debt agreement to fund operations that raise
substantial doubt about its ability to continue as a going concern.


BLUE BEE: Wants to Continue Using Cash Collateral Until May 18
--------------------------------------------------------------
Blue Bee, Inc., d/b/a ANGL, seeks authority from the U.S.
Bankruptcy Court for the Central District of California to continue
using cash collateral in accordance with the Debtor's operating
budget for the e 16-week period from Jan. 27, 2019 through and
including May 18, 2019.

The Debtor requires use of cash collateral to (i) pay all of the
expenses set forth in the Budget, with authority to deviate from
the line items contained in the Budget by up to 20%, on both a line
item and aggregate basis, with any unused portions to be carried
over into the following weeks; and (ii) pay all quarterly fees
owing to the Office of the U.S. Trustee and all expenses owing to
the Clerk of the Bankruptcy Court.

As of the Petition Date, the Debtor was a borrower under three
separate loans with Pacific City Bank, two of which have since been
fully repaid and satisfied, leaving just one outstanding loan.
Specifically, the Debtor is the borrower under a U.S. Small
Business Administration loan with Pacific City Bank, pursuant to a
Loan Agreement between the Debtor and the Bank. The Debtor is
currently indebted to the Bank in the amount of approximately
$1,180,000 under the SBA Loan. Pacific City Bank is asserting a
lien against substantially all of the assets of the Debtor and its
predecessor, Angl, Inc.

Prior to the Petition Date, the Debtor also obtained a secured loan
in the amount of $6,000 from Fashblvd, Inc. Flashblvd asserts a
lien against substantially all of the assets of the Debtor. The
California State Board of Equalization also has one active state
tax lien in the approximately sum of $24,160.

On Oct. 12, 2018, Pacific City Bank sought the conversion of the
Debtor's bankruptcy case to one under Chapter 7 or, alternatively,
the dismissal of the Debtor's bankruptcy case. The Bank Motion was
resolved consensually by the Debtor and the Bank pursuant to the
terms and conditions set forth in the Parties' Stipulation filed
and approved by the Court on Nov. 5, 2018.

The Settlement Stipulation requires, among other things, that the
Debtor make adequate protection payments of $10,000 per month to
the Pacific City Bank. In addition, the Settlement Stipulation
requires the Debtor to file a Plan in this case by April 30, 2019,
unless the parties mutually agree to an extension of such
deadline.

The Debtor anticipates that, as of Jan. 27, 2019 (the beginning
date of the proposed new Budget), it will be holding cash on hand
of approximately $179,212, security deposits totaling approximately
$53,215, inventory valued at approximately $2,100,000 (at cost),
and FF&E with an estimated fair market value of approximately
$550,000.

The Debtor believes that the total amount currently owed to the
Secured Creditors is approximately $1,210,160, calculated as
follows: (i) approximately $1,180,000 to Pacific City Bank; (ii)
$6,000 to Fashblvd, and (iii) approximately $24,160 to the SBOE.
Given the aggregate value of the Debtor's assets (i.e.,
approximately $2,882,427), and the total estimated amount currently
owed to the Debtor's Secured Creditors (i.e., approximately
$1,210,160), the Debtor contends Secured Creditors are adequately
protected by an equity cushion of more than 135%.

In addition, the Debtor also proposes to provide its Secured
Creditors with replacement liens and security interests against the
Debtor's post-petition assets, with such replacement liens to have
the same extent, validity, and priority as the pre-petition liens
held by such Secured Creditors against the Debtor's assets. Such
replacement liens will provide the Secured Creditors with further
adequate protection.

A full-text copy of the Motion is available at

             http://bankrupt.com/misc/cacb16-23836-426.pdf

                          About Blue Bee

Headquartered near downtown Los Angeles, California in Vernon,
California, Blue Bee, Inc., doing business as ANGL, is a retailer
doing business under the "ANGL" brand offering stylish and
contemporary women's clothing at reasonable prices to its
fashion-savvy customers.  As of Oct. 19, 2016, Blue Bee owns and
operates 21 retail stores located primarily in shopping malls
throughout the state of California.  Founders Jeff Sunghak Kim and
his wife, Young Ae Kim, continue to be actively involved in Blue
Bee's business operations as the President and Secretary of the
Company, respectively.

Blue Bee filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
16-23836) on Oct. 19,2016.  Jeff Sungkak Kim, its president, signed
the petition.  The Debtor estimated assets and liabilities at $1
million to $10 million.  Judge Sandra R. Klein is the case judge.
The Debtor is represented by Juliet Y. Oh, Esq., at Levene, Neale,
Bender, Yoo & Brill LLP.


BLUE EARTH: Bankr. Ct. Retains Jurisdiction of Trustee Suit vs DHC
------------------------------------------------------------------
Movant Davidoff Hutcher & Citron LLP in the case captioned BRADLEY
D. SHARP, Trustee, Chapter 11, Respondent, v. DAVIDOFF HUTCHER &
CITRON LLP, Movant, Adv. Case No. 18-03015 (N.D. Cal.) is a
defendant in an Adversary Proceeding pending in the U.S. Bankruptcy
Court for the Northern District of California. DHC moves to
withdraw the reference from the Bankruptcy Court over a legal
malpractice claim asserted against the firm by the Trustee in the
Adversary Proceeding. The Trustee opposes. In his Recommendation to
this Court, the Bankruptcy Judge (Hon. Dennis Montali) recommended
that withdrawal of the reference not occur until he has handled all
pre-trial matters in the Adversary Proceeding.

District Judge William H. Orrick agrees with the approach
recommended by Judge Montali. Once all pre-trial matters are
resolved, Judge Montali will refer the malpractice claim for
resolution by the District Court.

Consistent with the recommendation, the Court holds that Judge
Montali should retain jurisdiction over this claim until all
pre-trial matters are resolved. While the legal malpractice
Adversary Procedure claim may be "core," as it is in effect a
counterclaim asserted against DHC's Chapter 11 Claim, the Court
concludes it is a Stern claim. The evidence submitted shows that
the factual predicate for the malpractice claim (legal advice
starting in 2012 and ending in April 2014, resulting in legal fees
incurred by a different firm and a confirmed judgment against Blue
Earth, Inc. in late 2015) is different from the factual predicate
of DHC's Chapter 11 Claim (for legal services performed from
November 2015 through early 2016).

In these circumstances, the Court agrees with Judge Montali that
absent consent and absent waiver, the legal malpractice claim must
be ultimately resolved in District Court. However, given the
Bankruptcy Court's experience with the affairs of BEI generally in
the underlying Chapter 11 proceedings as well as need for Judge
Montali to resolve questions surrounding other legal services
provided by DHC with respect to both DHC's Chapter 11 Claim and the
Trustee's first two claims in the Adversary Proceeding,
efficiencies are well-served by allowing Judge Montali to handle
the pre-trial matters on the legal malpractice claim, certify the
status of the proceeding and recommend when the matter is suitable
for withdrawal from the Bankruptcy Court. At that point, DHC may
move to withdraw the reference so that the matter can be tried to a
jury in District Court.

A copy of the Court's Order dated Dec. 17, 2018 is available at
https://bit.ly/2Fo3o54 from Leagle.com.

Bradley Sharp, Respondent, represented by H. Troy Romero --
tromero@romeropark.com -- Romero Park & Wiggins PS.

Davidoff Hutcher & Citron LLP, Chapter 11 Litigation Trustee,
Movant, represented by Kendra L. Basner , Hinshaw & Culbertson LLP,
Peter L. Isola -- pisola@hinshawlaw.com -- Hinshaw & Culbertson LLP
& Joanna Lee Storey -- jstorey@hinshawlaw.com -- Hinshaw &
Culbertson, LLP.

                      About Blue Earth

Blue Earth, Inc., and its subsidiaries are comprehensive providers
of alternative/renewable energy solutions for small and
medium-sized commercial and industrial facilities.  Blue Earth
builds, manages, owns and operates independent power generation and
management systems geared towards helping commercial and industrial
building owners save energy and money, and reduce their carbon
footprint.

Blue Earth, Inc., and Blue Earth Tech, Inc., filed Chapter 11
bankruptcy petitions (Bankr. N.D. Calif., Case Nos. 16-30296 and
16-30297) on March 21, 2016.  The petitions were signed by Robert
G. Powell as CEO.  The Debtors' other subsidiaries are not included
in the filing.

The Debtors estimated both assets and liabilities in the range of
$10 million to $50 million.

Pachulski, Stang, Ziehl & Jones LLP serves as the Debtors' counsel.
Eos Capital Advisors LLC and Ice Glen Associates, LLC act as
valuators of the Debtors' assets.  Kurtzman Carson Consultants LLC
represents the Debtors as claims and noticing agent.

A 2-member panel has been appointed to serve as the Official
Committee of Unsecured Creditors in the case.

Judge Dennis Montali has been assigned the cases.


BP FISHER LAW: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: BP Fisher Law Group, LLP
        1900 Main Street, Suite 610
        Irvine, CA 92614

Business Description: BP Fisher Law Group, LLP is a law firm in
                      Irvine, California.

Chapter 11 Petition Date: January 15, 2019

Court: United States Bankruptcy Court
       Central District of California (Santa Ana)

Case No.: 19-10158

Judge: Hon. Theodor Albert

Debtor's Counsel: Marc C. Forsythe, Esq.
                  GOE & FORSYTHE, LLP
                  18101 Von Karman Avenue Ste 1200
                  Irvine, CA 92612
                  Tel: 949-798-2460
                  Fax: 949-955-9437
                  E-mail: kmurphy@goeforlaw.com
                          mforsythe@goeforlaw.com

                     - and -

                  Robert P. Goe, Esq.
                  GOE & FORSYTHE, LLP
                  18101 Von Karman, Ste 1200
                  Irvine, CA 92612
                  Tel: 949-798-2460
                  Fax: 949-955-9437
                  E-mail: rgoe@goeforlaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Matthew C. Browndorf, manager of Plutos
Sama, LLC.

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/cacb19-10158.pdf


CACTUS CIRCLE: Taps Willis & Wilkins as Legal Counsel
-----------------------------------------------------
Cactus Circle Investments LLC received approval from the U.S.
Bankruptcy Court for the Western District of Texas to hire Willis &
Wilkins, LLP, as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist the Debtor in the preparation and
implementation of a plan of reorganization; and provide other legal
services related to its Chapter 11 case.

Willis & Wilkins charges an hourly fee of $375.  The retainer fee
is $10,000.

James Wilkins, Esq., the attorney who will be handling the case,
disclosed in a court filing that he has no business and
professional connections with the Debtor, creditors or any other
"party-in-interest."

Willis & Wilkins can be reached through:

     James S. Wilkins, Esq.
     Willis & Wilkins, LLP
     711 Navarro Street, Suite 711
     San Antonio, TX 78205-1711
     Phone: 210-271-9212
     Email: jwilkins@stic.net

                About Cactus Circle Investments

Cactus Circle Investments LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. W.D. Tex. Case No. 18-53054) on Dec.
28, 2018.  At the time of the filing, the Debtor estimated assets
of less than $1 million and liabilities of less than $500,000.  The
case is assigned to Judge Craig A. Gargotta.  Willis & Wilkins,
LLP, is the Debtor's counsel.



CAJUN ELECTRIC: Ruling in Favor of NRG, et al., in JRC Suit Flipped
-------------------------------------------------------------------
Plaintiff John River Cartage, Inc., in the case captioned JOHN
RIVER CARTAGE, INC., v. LOUISIANA GENERATING, LLC, ET AL, No. 2018
CA 1611 (La. App.) appeals a judgment in favor of the defendants,
NRG Energy, Inc.; Louisiana Generating LLC; and Headwaters
Resources, Inc. sustaining a partial peremptory exception raising
the objection of no cause of action and dismissing, with prejudice,
the anti-trust claims alleged in JRC's first amended master
petition.

The Court of Appeal of Louisiana reverses the judgment of the trial
court because the trial court improperly sustained a partial
exception of no cause of action. In addition, since the judgment on
appeal was premised on an earlier judgment of the trial court that
also improperly sustained a partial exception of no cause of
action, and dismissed, without prejudice, JRC's anti-trust claims
set forth in its master petition, the Court vacates the earlier
judgment and remands with instructions for further proceedings.

In the Oct. 25, 2018 judgment on appeal, the trial court sustained
the objection of no cause of action with respect to JRC's
anti-trust claims alleged in JRC's first amended master petition;
however, the judgment did not dismiss JRC's claims against HRI
and/or NRG/LaGen that were based on conversion or on violations of
LUTPA. Hence, the judgment on appeal is a judgment partially
sustaining a peremptory exception raising the objection of no cause
of action.

Generally, an exception of no cause of action should not be
maintained in part; the purpose of this general rule is to prevent
a multiplicity of appeals that forces an appellate court to
consider the merits of the action in a piecemeal fashion. If there
are two or more items of damages or theories of recovery that arise
out of the operative facts of a single transaction or occurrence, a
partial judgment on an exception of no cause of action should not
be rendered to dismiss an item of damages or theory of recovery. In
such a case, there is truly only one cause of action, and a
judgment partially maintaining the exception is generally
inappropriate. Id. However, if two or more actions are cumulated
that could have been brought separately because they were based on
operative facts of separate and distinct transactions or
occurrences, a partial judgment may be rendered to dismiss one
action on an exception of no cause of action, while leaving the
other actions to be tried on the merits. Id. In such a case, there
are truly several causes of action, and a judgment maintaining the
exception as to one separate and distinct cause of action is
generally appropriate.

Thus, in considering an exception of no cause of action in
multi-claim litigation in which the court might rule in favor of
the exceptor on less than all claims or on the rights of less than
all parties, the court must first determine whether (1) the
petition asserts several demands or theories of recovery based on a
single cause of action arising out of one transaction or
occurrence; or (2) the petition is based on several separate and
distinct causes of action arising out of separate and distinct
transactions or occurrences. If the former, then the court should
overrule the exception of no cause of action when the petition
states a cause of action as to any demand or theory of recovery; if
the latter, then the court should maintain the exception in part.

In this case, JRC's claims against the defendants are based on the
operative facts culminating in the January 20, 2011 agreement
between HRI and NRG/LaGen and the effects of that agreement. Based
on the facts alleged, JRC asserts that it is entitled to damages
from HRI and NRG/LaGen based on three distinct possible theories of
recovery — wrongful conversion (and conspiracy to commit
conversion), violations of LUTPA, and violations of anti-trust law.
The defendants do not maintain or dispute that JRC's master
petition -- both original and amended -- has stated a cause of
action for conversion or for violations of LUTPA; rather, they only
argue that JRC has failed to state a cause of action for violations
of anti-trust law. However, based on our de novo review of JRC's
master petitions, we find that JRC's claims against HRI and
NRG/LaGen for conversion, violations of LUTPA, and violations of
anti-trust law, arise out of the same operative facts of a single
transaction or occurrence -- i.e., the Jan. 20, 2011 agreement.

Therefore, since there is no dispute that JRC has asserted a cause
of action for damages for conversion and violations of LUTPA, the
Court must conclude that a judgment maintaining an exception of no
cause of action in part with respect to JRC's anti-trust claims was
clearly improper. The exception of no cause of action should have
been overruled; therefore, the Court reverses the Oct. 25, 2018
judgment of the trial court.

A copy of the Court's Decision dated Dec. 19, 2018 is available at
https://bit.ly/2RKcTRB from Leagle.com.

Jason L. Melancon, Robert C. Rimes, Frank Tomeny, III, Baton Rouge,
LA, Attorneys for Appellant, Plaintiff-John River Cartage, Inc.

Jeffrey N. Boudreaux, William L. Caughman, III, Baton Rouge, LA,
Attorneys for Appellees, Defendant-Louisiana Generating, LLC and
NRG Energy, Inc.

Keith L. Richardson , Baton Rouge, LA, and R. Bryan Barnes ,
Columbia, South Carolina, and Randall L. Allen, Lee A. Deneen ,
Atlanta, Georgia, Attorneys for Appellee, Headwaters Resources,
Inc.


CAMBER ENERGY: Evaluating Merger and Acquisition Opportunities
--------------------------------------------------------------
Camber Energy, Inc., disclosed that the Company has had discussions
with multiple investment banking firms to assist with identifying a
merger or acquisition candidate and is contemplating engaging a
firm in the event that a transaction is not completed with any of
the current opportunities being explored in the near future.  The
Company has been actively seeking and considering acquisitions and
merger candidates, but intends to aggressively expand and expedite
the scope of the process to identify accretive transactions.

There can be no assurance that the Company's efforts will result in
any transaction.  The Company has not set a timetable for the
completion of a transaction and does not intend to discuss or
disclose further developments related to efforts unless and until
its Board of Directors has approved a specific action or otherwise
determined that further disclosure is appropriate.

Separately, management has received a high volume of emails, calls
and text messages from shareholders regarding the company's recent
transactions and future prospects.  Due to the significant number
of requests, the Company may not have sufficient resources to
respond to all communications.  Additionally, the Company would
like to clarify its general practice, which is to avoid disclosing
information to individual shareholders or potential shareholders
which is not made through a publicly available filing or release.

In some cases, where shareholders have questions or request
information of a material non-public nature, the Company may choose
to refrain from responding to such questions/requests to avoid the
potential to inadvertently disclose material non-public
information.  Moving forward, when and if warranted, the Company
plans to address shareholder questions and comments in such public
filings and releases.

The Company reminds shareholders that the Company makes information
regarding the Company, its results of operations and material
agreements and events in press releases and Form 8-K filings, as
well as periodic reports (reports on Form 10-Q and 10-K), which
contain financial information regarding the company and disclosures
of material transactions and agreements.  

                       About Camber Energy

Based in San Antonio, Texas, Camber Energy, Inc. (NYSE American:
CEI) -- http://www.camber.energy/-- is an independent oil and gas
company engaged in the development of crude oil, natural gas and
natural gas liquids in the Hunton formation in Central Oklahoma in
addition to anticipated project development in the Texas
Panhandle.

Camber Energy reported a net loss of $24.77 million for the year
ended March 31, 2018, compared to a net loss of $89.12 million for
the year ended March 31, 2017.  As of Sept. 30, 2018, the Company
had $6.98 million in total assets, $4.69 million in total
liabilities, and $2.29 million in total stockholders' equity.

GBH CPAs, PC's audit opinion included in the company's Annual
Report on Form 10-K for the year ended March 31, 2018 contains a
going concern explanatory paragraph stating that the Company has
incurred significant losses from operations and had a working
capital deficit as of March 31, 2018.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


CANDLE CONNECTION: Bankr. Court Confirms Chapter 11 Plan
--------------------------------------------------------
Bankruptcy Judge Frederick P. Corbit issues his findings of fact
and conclusions of law in relation to the confirmation of The
Candle Connection, Inc.'s chapter 11 plan.

The court found that provisions of Chapter 11 of the United States
Code have been complied with and the Plan has been proposed in good
faith and not by any means forbidden by law.

Each holder of a claim or interest has accepted the Plan or will
receive or retain under the Plan property of a value, as of the
effective date of the Plan, that is not less than the amount that
such holder would receive or retain if the Debtor was liquidated
under Chapter 7 of the Code on such date, or the Plan does not
discriminate unfairly, and is fair and equitable with respect to
each class of claims or interests that is impaired under and has
not accepted the Plan.

In addition, confirmation of the Plan is not likely to be followed
by the liquidation, or the need for further financial
reorganization of the Debtor, or (b) if the Plan is a plan of
liquidation, the Plan sets a time period in which liquidation will
be accomplished, and provides for the eventuality that the
liquidation is not accomplished in that time period.

The bankruptcy case is in re: The Candle Connection, Inc., Chapter
11, Debtor, No. 18-01266-FPC11 (Bankr. E.D. Wash.).

A copy of the Court's Findings and Conclusions is available at
https://bit.ly/2D6nxdB and https://bit.ly/2AHCbX2 from Leagle.com.

The Candle Connection Inc, Debtor, represented by Charles R.
Steinberg, Steinberg Law Firm PS.

US Trustee, U.S. Trustee, represented by James D. Perkins, US Dept
of Justice/U S Trustee Office.

            About The Candle Connection

Family owned and operated, The Candle Connection was first
established in 1991.  The original shop was located in the
historical Motteler Building and relocated to its present location
in 2006.  Along with outstanding customer service, the company
takes great pride in providing quality candles, 99% of which are
made in the USA with the rest from Germany and Denmark. Its diverse
selections and styles, along with a wide range of candle
accessories are unsurpassed.

The Candle Connection Inc. filed a Chapter 11 petition (Bankr. E.D.
Wash. Case No. 18 01266) on May 1, 2018, listing under $1 million
in both assets and liabilities.  

Charles R. Steinberg, Esq. at Steinberg Law Firm PS, is the
Debtor's counsel.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.


CBAK ENERGY: Yunfei Li Hikes Stake to 17.6% as of Jan. 7
--------------------------------------------------------
In a Schedule 13D/A filed with the Securities and Exchange
Commission, Yunfei Li disclosed that as of Jan. 7, 2019, he
beneficially owns 5,592,685 shares of common stock of CBAK Energy
Technology, Inc., which represents 17.6 percent of the shares
outstanding.  The percentage is based on 31,770,518 shares of
common stock that are deemed to be outstanding (including 5,098,040
shares to be issued pursuant to the cancellation agreement that the
Company entered into with two individual creditors, including the
Reporting Person, on Jan. 7, 2019 and all of the restricted shares
granted to the Reporting Person that have not been vested and
issued).

On Jan. 7, 2019, the Reporting Person entered into a cancellation
agreement with the Company pursuant to which, the Reporting Person
acquired 1,666,667 shares of Common Stock in exchange for the
cancelation of $1.7 million that CBAK Energy owed to the Reporting
Person, at the exchange price of $1.02 per share.  Upon receipt of
the Shares, the Reporting Person will release the Company from any
claims, demands and other obligations relating to the Debt.

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

                      https://is.gd/famclh

                        About CBAK Energy

Dalian, China-based CBAK Energy Technology, Inc., formerly China
BAK Battery, Inc. -- http://www.cbak.com.cn-- is engaged in the
business of developing, manufacturing and selling new energy high
power lithium batteries, which are mainly used in the following
applications: electric vehicles; light electric vehicles; and
electric tools, energy storage, uninterruptible power supply, and
other high power applications.

CBAK Energy reported a net loss of US$21.46 million for the year
ended Dec. 31, 2017 compared to a net loss of US$12.65 million for
the year ended Sept. 30, 2016.  As of Sept. 30, 2018, the Company
had $132.15 million in total assets, $128.18 million in total
liabilities, and $3.97 million in total equity.

Centurion ZD CPA Limited, in Hong Kong, China, the Company's
auditor since 2016, issued a "going concern" opinion in its report
on the consolidated financial statements for the year ended Dec.
31, 2017 stating that the Company has a working capital deficiency,
accumulated deficit from recurring net losses and significant
short-term debt obligations maturing in less than one year as of
Dec. 31, 2017.  All these factors raise substantial doubt about its
ability to continue as a going concern.


CD MANAGEMENT: Case Summary & 7 Unsecured Creditors
---------------------------------------------------
Debtor: CD Management of Shelbyville, Inc.
        7105 Windham Parkway
        Prospect, KY 40059

Business Description: CD Management of Shelbyville, Inc. is
                      a privately held company in Prospect,
                      Kentucky whose principal assets are
                      located at 7602 Third Street Road, 8019
                      Beulah Church Road, 4200 Wallingford Lane
                      and 66 Brunerstown Road.

Chapter 11 Petition Date: January 18, 2019

Court: United States Bankruptcy Court
       Western District of Kentucky (Louisville)

Case No.: 19-30145

Judge: Hon. Joan A. Lloyd

Debtor's Counsel: Michael W. McClain, Esq.
                  MCCLAIN DEWEES, PLLC
                  6008 Brownsboro Park Boulevard, Suite H
                  Louisville, Ky 40207
                  Tel: 502-749-2388
                  Fax: 888-779-7428
                  E-mail: mmcclain@mcclaindewees.com
                          rdewees@mcclaindewees.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jeff Owen, manager.

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

          http://bankrupt.com/misc/kywb19-30145.pdf


CHAMPION BLDRS: Jan. 23 Auction of Personal Property Approved
-------------------------------------------------------------
Judge Robert E. Nugent of the U.S. Bankruptcy Court for the
District of Kansas authorized Champion Bldrs., LLC's sale of all
its right, title, and interest in and to the personal property at
auction to be conducted at 1836 SW 65th Street, Topeka, Kansas on
Jan. 23, 2019 at 9:30 a.m.

The personal property will be subject to unpaid ad valorem taxes
that will be due the Shawnee County Treasurer and paid at closing.
It will be sold free and clear of any claimed liens and
encumbrances of record, with the net proceeds of sale, after
payment of costs of sale set forth below, subject to the alleged
liens of Alliance Bank and Hartford Fire Insurance Company.  Any
liens will attach to the net proceeds of sale.  

The cost of sale will include reasonable and necessary expenses
allocated on a pro rata basis to the extent of participation in the
proceeds including, but not limited to, the following:

     A. Ad valorem taxes due the Shawnee County Treasurer;

     B. Auctioneer's commission to Bud Palmer Auction in the sum of
15%.

     C. Auctioneer's expenses for advertising ($1,000) and set up
($300) in the total estimated sum of $1,300.

     D. The Debtor's attorneys fees in the sum of $2,500 for time
associated with organizing the sale, preparation of various
motions, orders and court hearing.

     E. Estimated postage and photocopying expense in the sum of
$100.

     F. Filing fee of the Motion for Sale in the amount of $181.

     G. United States Trustee fees in the estimated amount of
$1,625.

The remaining proceeds will be held pending the filing of a Proof
of Claim by Alliance Bank substantiating its liens on equipment,
personal property and motor vehicles.  Upon substantiation of
perfection, a separate motion to distribute funds to Alliance Bank
will be filed by the Debtor, and to the extent funds are available,
to Hartford Fire Insurance Co., a subordinate lienholder.  The
expenses set forth in paragraph 7 will be paid under separate
application and order.

A copy of the list of assets to be sold attached to the Motion is
available for free at:

    http://bankrupt.com/misc/Champion_Bldrs_42_Sales.pdf  

                      About Champion Bldrs.

Champion Bldrs, LLC, based in Topeka, KS, filed a Chapter 11
petition (Bankr. D. Kan. Case No. 18-12175) on Nov. 6, 2018.  In
the petition signed by Greg L. Murray, president/manager, the
Debtor disclosed $1,964,150 in assets and $3,411,715 in
liabilities.  The Hon. Robert E. Nugent oversees the case.  Edward
J. Nazar, Esq., at Hinkle Law Firm LLC, serves as bankruptcy
counsel.


CHRISTOPHER RIDGEWAY: Ct. Junks Stryker Bid to Release Escrow Funds
-------------------------------------------------------------------
Bankruptcy Judge Elizabeth W. Magner denied Stryker Corporation and
Howmedica Osteonics Corporation's motion to release escrow funds.

On Sept. 30, 2013, Stryker filed suit against Debtor Christopher
Ridgeway and others for damages arising from alleged patent
infringement, use of trade secrets, breach of employment contract
and other causes of action. On March 9, 2016, the U.S. District
Court for the Western District of Michigan entered a partial
judgment in favor of Stryker and against Debtor for $745,195 in
damages. Prior to the entry of the Michigan Judgment, the District
Court also entered an Order of Sanctions against Debtor for
discovery abuses. In both instances, the Court awarded attorneys'
fees and costs neither of which were liquidated as of the
bankruptcy filing.

On March 23, 2016, Ridgeway filed a voluntary Petition for Relief
under Title 11, chapter 11 of the United States Code. On July 27,
2016, Stryker filed a proof of claim for $3,432,147.71.

Debtor's Second Amended Plan of Reorganization, as immaterially
modified on Nov. 1, 2016, came up for confirmation on Nov. 2, 2016.
Under the terms of the Plan, the Stryker Claim was placed in class
9. Because of Debtor's pending appeal on the Michigan Judgment and
contemplated objection to the Stryker Claim, Class 9 was not paid
in full on the Effective Date. The Stryker Claim was payable only
after resolution of the appeal of the Michigan Judgment and
Debtor's Objection to the Stryker Claim.

Stryker objected to the Plan alleging it violated the absolute
priority rule. That objection was settled through an immaterial
modification to the Plan defining the interest rates and periods of
payment on the Stryker Claim. The Court confirmed the Plan in its
amended form on April 3, 2017and the Plan became Effective on April
13, 2017.

According to the Plan, the Confirmation Order, and the Escrow
Agreement, no distribution on account of the Stryker Claim is due
until a final, non-appealable order is entered on the Objection to
the Stryker Claim. Since a timely appeal was filed on the Fee
Order, no final, non-appealable order exists.

The Plan provides that the Escrow Account only makes payments to
"allowed claims." Section 1.4 of the Plan defines the term
"Allowed" and establishes that when any "Claim" is "Disputed," an
"Allowed" Claim is one that is allowed by "Final Order."

Section 4.9 of the Plan provides that of the $4,250,000 placed in
the Escrow Account, $3,432,147.71 was deposited as specific
consideration of the amount alleged in the Stryker Claim and that
"[a]ny payment to Stryker and Howmedica under the Plan on their
Allowed Unsecured Claims will be provided from the amounts
deposited in the Escrow Account." Specifically, section 4.9 of the
Plan states: "The Provisional Stryker Escrow Amount will be
disbursed from the Escrow Account . . . after the entry of a . . .
'Sixth Circuit Final Judgment.'"

Moreover, the Escrow Agreement and its attached exhibits provide
that any request for distribution to Stryker must either identify
"the Plan provision" and section in the final, confirmed Plan
itself authorizing the particular dollar amount distribution
requested; or attach a copy of one or more "final, non-appealable
orders, judgments, or decrees," fixing the particular dollar amount
distribution requested, "entered by the Bankruptcy Court or such
other court possessing jurisdiction to adjudicate Stryker's claim
which fixes the amount of such Stryker Distribution."The final,
confirmed Plan contained no provisions to pay particular amounts to
Stryker on the Effective Date, and required that any payment be
proceeded by entry of final, non-appealable orders establishing the
amount of such payments.

Additionally, Stryker argues that it is due disbursement because
section 4.9 of the Plan states: [T]he Provisional Stryker Escrow
Account will be dispersed pro rata between Stryker and Howmedica on
or before sixty (60) days following the Sixth Circuit Final
Judgment.

Stryker's reliance on this portion of the Plan is misplaced and
overlooks its context. The portion of the Plan contemplates that a
non-appealable order, regarding the Sixth Circuit Appeal, would be
entered after the Provisional Stryker Escrow Amount is determined
by a final, non-appealable order. While the Sixth Circuit Appeal
has been reduced to a final judgment, the determination of the
Provisional Stryker Escrow Amount which includes the resolution of
the Objection, has not been finalized.

Alternatively, Stryker asks the Court to modify the Plan to allow
for a partial disbursal. The Court declines to modify the Plan to
allow Stryker a partial payment on its Claim because (1) the
Objection to the Claim is on appeal and (2) payment of a portion of
the Stryker Claim may impair Debtor's right to pursue the appeal.

The bankruptcy case is in re: CHRISTOPHER MARTIN RIDGEWAY, Chapter
11, Debtor, Case No. 16-10643 (Bankr. E.D. La.).

A copy of the Court's Reasons for Decision dated Dec. 19, 2018 is
available at https://bit.ly/2D7BojK from Leagle.com.

Christopher Martin Ridgeway, Debtor, represented by James Blazek,
Robin B. Cheatham -- robin.cheatham@arlaw.com  -- Adams & Reese
LLP, Scott R. Cheatham -- scott.cheatham@arlaw.com -- Adams &
Reese, LLP & Philip Anthony Franco, Adams and Reese LLP.

Office of the U.S. Trustee, U.S. Trustee, represented by Mary S.
Langston , Office of the U.S. Trustee.

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


CITADEL WATFORD: M. Dunaway, et al., Bid to Junk Trustee Suit Nixed
-------------------------------------------------------------------
In the case captioned Gavin/Solmonese LLC, Liquidation Trustee for
the Citadel Creditors' Grantor Trust, successor to Citadel Watford
City Disposal Partners, L.P., et al., Plaintiff, v. Citadel Energy
Partners, LLC., et al., Defendants, Adv. Proc. No. 17-50024 (KJC)
(Bankr. D. Del.), Bankruptcy Judge Kevin J. Carey denied Defendants
Mark Dunaway, Carl Coward, Alastair Smith, and North Dakota Water
Partners, LLC's motion to dismiss the amended complaint filed by
Gavin/Solmonese LLC, as liquidation trustee for the Citadel
Creditors' Grantor Trust, alleging breach of fiduciary duty, fraud
and concealment, among other claims.

The Amended Complaint contains fourteen counts against various
defendants. Counts 1-3 allege derivative claims for breach of
fiduciary duty. Counts 4-5 assert claims of fraud. Counts 6-7
allege fraudulent transfer claims. Counts 8-10 set out claims of
conversion, unjust enrichment and negligence. Counts 11-13 apply to
defendants who are not parties to these motions. Finally, Count 14
seeks turnover of books and records under Bankruptcy Code section
524(e). The Movants allege that the Liquidation Trustee failed to
state claims upon which relief can be granted pursuant to Rule
12(b)(6). The motions allege that the Twombly/Iqbal standard has
not been met and that claims are not pled with sufficient
particularity to the defendants. The Court disagrees.

Under Fed. R. Civ. P. 8(a)(2), made applicable by Fed. R. Bankr. P.
7008, a pleading must contain "a short and plain statement showing
that the pleader is entitled to some relief." The pleading standard
does not require detailed factual allegations; but it must be more
than a defendant-unlawfully-harmed-me accusation. To survive a Rule
12(b)(6) motion to dismiss, a plaintiff must show that the grounds
of his entitlement to relief amount to more than labels and
conclusions, and a formulaic recitation of a cause of action's
elements will not suffice. "A claim has facial plausibility when
the pleaded factual content allows the court to draw the reasonable
inference that the defendant is liable for the misconduct
alleged.""The plausibility standard is not akin to a probability
requirement, but it asks for more than a sheer possibility that a
defendant has acted unlawfully.Two principals underlie the Twombly
standard. First, a court's acceptance of a complaint's allegations
as true is inapplicable to legal conclusions, and threadbare
recitals of cause of action elements, supported by conclusory
statements, will not suffice. Second, determining whether a
complaint states a plausible cause of action requires the court to
rely on its experience and common sense. Simply stated, Twombly
requires that a pleading nudge claims "across the line from
conceivable to plausible."

Counts 4-5 sufficiently plead the elements for fraud. First, the
Amended Complaint alleges that the Citadel Partners made false
representations to the investors about how their monies would be
used, and which entities owned particular assets. The Amended
Complaint alleges falsifying, destroying, or failing to keep
records, removal of records from business premises, and falsifying
tax returns, among other things. Second, the Citadel Partners made
these representations knowing they were false and intending that
investors act (or refrain from acting) based on the false
statements. The Amended Complaint also alleges that the Citadel
Partners deliberately withheld information from investors about
business operations. Finally, given the alleged fiduciary
relationship, it was justifiable for the investors to rely on the
Citadel Partners' representations. Finally, the Amended Complaint
alleges that damage resulted from the fraud in amounts to be proven
at trial.

The facts underlying the fraud claims in Counts 4-5 contain more
than conclusory statements. Allegations about specific actions (and
inactions) make it plausible for the Court to infer that fraud may
have occurred. Further discovery into the allegations is
appropriate. The Court takes the allegations as true and holds that
the Twombly/Iqbal standard is met.

Conversion is the "wrongful exercise of dominion over the property
of another, in denial of his right, or inconsistent with it." To
establish a successful conversion claim, the Liquidation Trustee
must establish that, at the time of the alleged conversion: (i) the
estate held an interest in the property; (ii) it had a right to
possession of the property; and (iii) the defendants converted the
property. The Amended Complaint alleges that on multiple occasions,
the Debtors' property was converted for the personal use of another
entity. It alleges that monies belonging to one entity were used to
pay the expenses of another entity, or to pay partners personally.
Further, the Amended Complaint alleges that investors provided
monies to the Debtors, then the Movants converted those monies for
the use of other entities or used the funds for other purposes
without authorization. Count 8 of the Amended Complaint
appropriately alleges the elements of conversion.

Section 542 requires an entity in possession of property of the
estate to deliver that property, or value thereof, to the trustee.
"A properly pleaded complaint asserting a claim for turnover must
allege an undisputed right to recover the claimed debt." Turnover
is not appropriate when there is a legitimate dispute over property
ownership. The Amended Complaint requests turnover of all books and
records relating to the Debtors. Based on the Amended Complaint's
allegations of falsifying or destroying records of the Debtors, the
Trustee's turnover claim is valid and appropriate.

A copy of the Court's Opinion dated Dec. 17, 2018 is available at
https://bit.ly/2VPtjaH from Leagle.com.

Gavin/Solmonese, Liquidation Trustee for the Citadel Creditors'
Grantor Trust, successor to Citadel Watford Disposal Partners,
L.P.., et al., Plaintiff, represented by Johnna Darby --
jdarby@foxrothschild.com --  Fox Rothschild LLP & Thomas M. Horan
-- thoran@foxrothschild.com -- Fox Rothschild LLP.

CITADEL ENERGY PARTNERS, LLC., a Wyoming limited liability company,
Defendant, pro se.

FORT BERTHOLD WATER PARTNERS, L.P., a Delaware limited partnership,
Defendant, pro se.

STANTON DODSON, Defendant, pro se.

Mark Dunaway, Defendant, represented by R. Grant Dick, IV --
gdick@coochtaylor.com -- Cooch and Taylor P.A. & Robert W. Pedigo
-- rpedigo@coochtaylor.com -- Cooch and Taylor.

      About Citadel Watford City Disposal Partners, L.P.

Citadel Watford City Disposal Partners, L.P., et al., were engaged,
principally, in providing fluid management services to America's
oil and gas producers including the safe, controlled disposal of
flowback and produced water.

Citadel Watford City Disposal Partners, LP and its affiliates
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
D. Del. Lead Case No. 15-11323) on June 19, 2015.  The Debtor is
represented by Michael Busenkell, Esq., at Gellert Scali Busenkell
& Brown, LLC.

The Office of the U.S. Trustee has appointed an official committee
of unsecured creditors in the Debtors' cases.  The Committee
retained Shaw Fishman Glantz & Towbin LLC as counsel.


CLOUDBREAK ENTERTAINMENT: Trustee Hearing Continued to Jan. 22
--------------------------------------------------------------
Judge Neil W. Bason of the U.S. Bankruptcy Court for the Central
District of California has entered an Order to continue the hearing
on the motion for the appointment of a Chapter 11 trustee for
Cloudbreak Entertainment, Inc. to February 26, 2019, at 2:00 P.M.

The Order was made pursuant to the stipulation by and between the
Debtor and the United States Trustee, filed on January 8, 2019,
regarding the Continuance of Motion for the Appointment of a
Chapter 11 Trustee.

            About Cloudbreak Entertainment Inc.

Santa Monica, California-based Cloudbreak Entertainment, Inc. filed
for Chapter 11 protection (Bankr. C.D. Cal. Case No. 15-28443) on
Dec. 1, 2015. The Debtor estimated asset and debts at $1 million to
$10 million.

Judge Neil W. Bason presides over the case.  Jeremy V. Richards,
Esq., at Pachulski Stang Ziehl & Jones LLP represents the Debtor as
bankruptcy counsel.

No trustee or examiner has been appointed in the Debtor's case.


COTTER TOWER: Plan to be Funded from Property Sales Proceeds
------------------------------------------------------------
Cotter Tower-Oklahoma, L.P. filed with the U.S. Bankruptcy Court
for the Western District of Texas a disclosure statement regarding
its plan of liquidation dated Jan. 8, 2019.

Under the plan, each holder of an Allowed General Unsecured Claim
in Class 2 which has not been paid in full as of the Effective Date
will receive Cash in an amount equal to the principal amount of
such Allowed Claim, plus post-petition interest at the Plan Rate on
such Allowed Claim. The Debtor will pay such Allowed Claims out of
the Oklahoma Property Sales Proceeds as follows: (a). In the event
a Class 2 creditor holds a Claim that is not a Disputed Claim, it
will be paid by the Disbursing Agent on, or as soon as reasonably
practicable thereafter, the Effective Date; or. In the event a
Class 2 creditor holds a claim that is a Disputed Claim, it will be
paid by the Disbursing Agent within 30 days of the date its Claim
becomes an Allowed Claim through the entry of a Final Order or by
stipulation between the Debtor and any such Claimant.

The Plan will be funded from the Property Sales Proceeds, any
Registry Funds, and any other funds received from the liquidation
of the Debtor's assets. There is sufficient cash on hand to fully
fund the Debtor's Plan of Liquidation. The Title Company which
closed the sale of the Property is presently holding for the Debtor
more than $2,200,000 in sale proceeds, and Debtor's representatives
believe the total allowed claims remaining unpaid in this case will
be less than $500,000, even assuming all contested claims are
allowed as filed.

Debtor believes there are no risks in being able to fulfill the
requirements of the Plan, as there are sufficient proceeds from the
sale of the Property remaining to facilitate full payment of all
allowed administrative, priority, secured and general unsecured
claims in this case.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y76c6l49 from Pacermonitor.com at no charge.

                 About Cotter Tower-Oklahoma

Cotter Tower - Oklahoma, L.P., owns the Cotter Ranch Tower located
at 100 N. Broadway Ave., in Oklahoma City, Oklahoma.  Cotter Ranch
Tower, also known as Chase Tower, is a 36-story glass tower,
located in the heart of the Central Business District.  The Tower
features an underground concourse system which connects to majority
of Central Business District, private covered and adjoining public
parking, card key access and elevator security codes, renovated
lobby and newly updated common areas.

Cotter Tower - Oklahoma, L.P., which is based in San Antonio,
Texas, filed a Chapter 11 petition (Bankr. W.D. Tex. Case No.
17-52844) on Dec. 12, 2017.

In its petition, the Debtor estimated $10 million to $50 million in
both assets and liabilities.  The petition was signed by Marcus P.
Rogers, as independent administrator for the estate of James F.
Cotter, acting as president on behalf of Cotter Ranch Tower, LLC,
general partner, acting on behalf of and authorized representative
for the Debtor.

The Hon. Craig A. Gargotta presides over the case.

The Law Office of H. Anthony Hervol serves as bankruptcy counsel to
the Debtor.


CROCKETT COGENERATION: Moody's Cuts Sr. Sec. Notes Rating to Caa3
-----------------------------------------------------------------
Moody's Investors Service has downgraded the rating assigned to
Crockett Cogeneration, LP senior secured notes to Caa3 from B1 and
revised the outlook to negative from stable.

RATINGS RATIONALE

The downgrade to Caa3 is driven solely by the expected bankruptcy
filing of Pacific Gas & Electric Company (PG&E: Caa3, negative)
which was downgraded to Caa3 on January 14, 2019 and has a negative
outlook. PG&E's credit quality serves as a cap to Crockett's rating
since the Project derives the majority of its revenue and cash flow
under a long-term power purchase agreement (PPA) with PG&E that
expires in 2026. PG&E's expected bankruptcy filing on or about
January 29, 2019 is driven by the utility's declining financial
position, and increasingly limited flexibility as wildfire
liabilities mount, collateral posting is required, and higher
investments in wildfire safety and prevention are mandated.

Rating Outlook

The negative outlook on Crockett reflects the negative outlook on
PG&E and the possibility that PG&E could seek to reject the PPA
with Crockett in a bankruptcy or would not meet its contractual
obligations.

Factors that could lead to a downgrade

Crockett's rating could be downgraded if as a result of PG&E's
bankruptcy filing, the project's power purchase agreement is
terminated or renegotiated on less favorable terms. Also,
Crockett's rating would be negatively affected if the project lost
its Qualifying Facility (QF) status.

Factors that could lead to an upgrade

Given the negative outlook, upgrade rating pressure is unlikely. A
revision of PG&E's outlook to stable would likely lead to a stable
rating outlook at Crockett if PG&E's requirements under the PPA
continue to be met without interruption or delays.

Furthermore, while unlikely in the near-term, Crockett's rating
could be upgraded if PG&E's rating were upgraded and if the project
maintained a strong operating performance.

Issuer Background

Crockett is a California limited partnership formed in 1986 to own
and operate a 240 megawatt natural gas-fired electric power and
steam cogeneration facility located at the C&H sugar refinery in
Crockett, California. The entire electric output is sold to PG&E
under a 30-year Power Purchase Agreement (PPA) that expires in May
2026, and the steam is sold to C&H under a steam sales agreement
that expires in 2026. The facility operates as a QF as defined
under the Public Utility Regulatory Policies Act of 1978 (PURPA).
Consolidated Asset Management Services (CAMS) provides operations
and maintenance services.

Crockett is currently indirectly owned by GEPIF NAP I Holdings,
LLC, who is indirectly owned by an infrastructure fund managed by
BlackRock, and 8.27% by Osaka Gas Company, Ltd.

The principal methodology used in these ratings was Power
Generation Projects published in June 2018.


CUREMED.COM INC: Court to Consider Appointment of Receiver
----------------------------------------------------------
The State Tax Commission, the State Attorney General and all other
interested parties or their counsel, show cause before the Supreme
Court of the State of New York, New York County, Room 581, located
at 111 Centre St., New York, New York 10013, on Jan. 17, 2019, at
10:15 a.m., on why an order should not be made and entered to:

  a) appointing a temporary receiver pursuant to CPLR 6401 and
Business Corporation law;

  b) requiring respondent to cede control of the business and
operations of CureMD.com Inc., both domestic and foreign, to the
temporary receiver; restraining respondent and all persons acting
under its authority and control or in concert or privity with them,
including any officers or directors of the company;

  c) in the alternative, enjoining and restraining Company and its
agents, servants, employees, and any and all other persons acting
on the respondent's behalf or in concert with Company, from
disbursing any monies received or to be received in connection with
the Company, except to pay expenses approved by the Court;

  d) ordering the dissolution of the Company as requested in the
petition, if Iman Kamal, as administratix of the estate of Kamal
Hashmat ("petitioner") is found to be the sold shareholder of the
Company or in the alternative;

  e) granting the petitioner such other and further relief as the
Court deems just, proper and equitable.

CureMD.com Inc. -- https://www.curemd.com/ -- provides health
information systems and services.


DIFFUSION PHARMACEUTICALS: Robert Ruffolo Quits as Director
-----------------------------------------------------------
Robert R. Ruffolo, Jr., Ph.D. resigned from the board of directors
of Diffusion Pharmaceuticals Inc. effective as of Jan. 15, 2019.
Mr. Ruffolo served as the Chairman of the Science and Technology
Committee of the Board prior to his resignation.  Mr. Ruffolo
indicated that his decision to resign was due to his desire to
focus on other personal pursuits and was not the result of any
disagreement with the Company, the Company's management or the
Board.

                 About Diffusion Pharmaceuticals

Based in Charlottesville, Virginia, Diffusion Pharmaceuticals Inc.
-- http://www.diffusionpharma.com/-- is a clinical-stage
biotechnology company focused on extending the life expectancy of
cancer patients by improving the effectiveness of current
standard-of-care treatments including radiation therapy and
chemotherapy.  Diffusion is developing its lead product candidate,
trans sodium crocetinate (TSC), for use in the many cancers where
tumor hypoxia (oxygen deprivation) is known to diminish the
effectiveness of SOC treatments.  TSC targets the cancer's hypoxic
micro-environment, re-oxygenating treatment-resistant tissue and
making the cancer cells more vulnerable to the therapeutic effects
of SOC treatments without the apparent occurrence of any serious
side effects.

Diffusion incurred a net loss attributable to common stockholders
of $2.61 million in 2017 compared to a net loss attributable to
common stockholders of $18.03 million in 2016.  As of Sept. 30,
2018, the Company had $23.59 million in total assets, $2.68 million
in total liabilities, and $20.90 million in total stockholders'
equity.

"We have a history of operating losses and expect to continue to
incur losses in the forseeable future, which raises substantial
doubt about our ability to continue as a going concern," the
Company stated in its Quarterly Report on Form 10-Q for the period
ended Sept. 30, 2018.  "We currently have no sources of revenue and
our ability to continue as a going concern is dependent on our
ability to raise capital to fund our future business plans.
Additionally, volatility in the capital markets and general
economic conditions in the United States may be a significant
obstacle to raising the required funds."

On March 2, 2018, Diffusion received a written notice from the
staff of the Listing Qualifications Department of the Nasdaq Stock
Market LLC indicating the Company was not in compliance with Nasdaq
Listing Rule 5550(a)(2) because the bid price for the Company's
common stock had closed below $1.00 per share for the previous 30
consecutive business days.  In accordance with Nasdaq Listing Rule
5810(c)(3)(A), the Company has 180 calendar days from the date of
such notice, or until Aug. 29, 2018, to regain compliance with the
minimum bid price requirement.  On Aug. 30, 2018, the Company
received a written notice from the Staff providing that, although
the Company had not regained compliance with the Minimum Bid Price
Rule by Aug. 29, 2018, in accordance with Nasdaq Listing Rule
5810(c)(3)(F), the Staff had determined that the Company is
eligible for an additional 180 calendar days from the date of such
notice, or until Feb. 25, 2019, to regain compliance with the
Minimum Bid Price Rule.


DIGICEL GROUP: Moody's Affirms Caa1 Corp. Family Rating
-------------------------------------------------------
Moody's Investors Service appended the "limited default"
designation to the probability of default rating of Digicel Group
Limited, following the completion of its exchange offer, which
Moody's considers as a distressed exchange under its definition of
default, and upgraded Digicel's PDR to Caa1-PD/LD from Caa3-PD. At
the same time, Moody's upgraded the rating of the new 2022 notes
issued at Digicel Group One Limited to Caa1 from Caa2, assigned a
Caa3 rating to the new 2022 notes at Digicel Group Two Limited and
downgraded the rating of the new 2024 notes at DGL2 to Caa3 from
Caa2. Moody's affirmed Digicel's Caa1 corporate family rating, as
well as the ratings of its other debt instrument. The outlook on
all ratings remains stable. The LD designation will be removed
within three business days.

Affirmations:

Issuer: Digicel Group Limited

Corporate Family Rating, Affirmed Caa1

Senior Unsecured Regular Bond/Debenture, Affirmed Caa3 to (LGD6)
from (LGD5)

Issuer: Digicel Limited

Senior Unsecured Regular Bond/Debenture, Affirmed B3 (LGD3)

Issuer: Digicel International Finance Limited

Senior Secured Bank Credit Facility, Affirmed B1 (LGD1)

Upgrades:

Issuer: Digicel Group Limited

Probability of Default Rating, Upgraded to Caa1-PD/LD (/LD
appended) from Caa3-PD

Issuer: Digicel Group One Limited

Senior Secured Regular Bond/Debenture, Upgraded to Caa1 (LGD4) from
Caa2 (LGD4)

Downgrade:

Issuer: Digicel Group Two Limited

Senior Unsecured Regular Bond/Debenture, Downgraded to Caa3 (LGD5)
from Caa2 (LGD5)

Assignment:

Issuer: Digicel Group Two Limited

Senior Unsecured Regular Bond/Debenture, Assigned Caa3 (LGD5)

RATINGS RATIONALE

On January 14, 2019, Digicel closed a par-for-par exchange of its
existing USD2.0 billion 8.250% senior unsecured notes due 2020 and
USD1.0 billion 7.125% senior unsecured notes due 2022 at Digicel
Group Limited for new USD1.0 billion 8.250% senior secured notes
due 2022 at DGL1, USD937 million 8.250% senior unsecured notes due
2022 at DGL2 and USD979 million 9.125% cash pay/PIK senior
unsecured notes due 2024 at DGL2. DGL1 and DGL2 are indirectly and
directly owned by Digicel Group Limited.

Despite the benefits coming from the debt extension by around two
years, Moody's considers this transaction as a distressed exchange,
mainly because of the company's untenable capital structure, with
high leverage (around 6.7x gross debt-to-EBITDA, as adjusted by
Moody's) and high refinancing risk. The LD designation indicates a
limited default, reflecting the default on a portion of the group's
debt. The upgrade of the PDR to Caa1-PD/LD from Caa3-PD, aligning
it again with the Caa1 CFR, reflects the relatively lower
probability of another debt restructuring in the near term and the
use of a firm-wide loss given default assumption of 50%.

The affirmation of Digicel's Caa1 CFR reflects its high leverage
and untenable capital structure, with the company still facing
large debt maturities in the coming years and a weakening liquidity
profile. While Digicel benefits from product and geographic
diversification, leading market positions and high operating
margins, it is present in emerging markets with a history of
instability and exposure to adverse weather events and currency
depreciation.

The Caa1 rating to the new 2022 DGL1 notes and Caa3 rating to the
new 2022 DGL2 notes and 2024 DGL2 notes, reflects the ranking of
the notes behind the debt instruments at Digicel International
Finance Limited (rated B1 - stable) and Digicel Limited (rated B3 -
stable). Moody's rates the 2022 DGL1 notes Caa1, two notches higher
than the notes at DGL2, due to the loss absorption provided by the
large amount of debt instruments ranked behind the DGL1 notes,
namely USD937 million of 2022 notes at DGL2, USD979 million of 2024
notes at DGL2 and USD84 million of remaining 2020 and 2022 notes at
DGL, all rated Caa3. In addition, under the final note indenture,
the notes at DGL1 are secured by collateral which includes the
capital stock of Digicel Pacific Limited, a material contributor to
the group's cash flow (around 20% of Digicel's consolidated
EBITDA), and DGL1's receivable under the Digicel (Central America)
Group Limited credit facility. Excess proceeds from asset sales
would be used to make an offer to purchase the notes at DGL1 and
DGL2 with the first USD350 million to make an offer to purchase
DGL2 2022 notes.

The completion of the exchange offer and extension of the debt
maturity profile provides Digicel with additional time to address
its operating issues and highly-leveraged capital structure. The
company made some changes to its product offering and pricing which
it expects to drive a return to revenue and earnings growth.
Digicel has also undertaken a transformation program, which will
lead to expense savings and more effective cash management, and
pursues asset sales, which proceeds will be used to repay debt.
However, the company continues to face a number of challenges that
constrain operating improvements, which include difficult economic
and operating conditions in some of the company's large markets,
exposure of the company's operations to natural disasters and
volatility of local currencies. The group continues to face high
refinancing risk with its next large bond maturity taking place in
April 2021 (USD1.3 billion of notes at Digicel Limited).

Digicel's liquidity has been weakening for several quarters, with
negative free cash flow resulting in a decline in the company's
cash balance and the full drawing of its revolving credit facility,
while the increase in leverage resulted in tight leeway under its
financial covenants.

The stable outlook reflects Moody's expectations that Digicel will
gradually return to positive free cash flow, resulting in some
improvement to its financial and liquidity profile.

Digicel's ratings could be downgraded if the company's liquidity
continues to weaken, it does not refinance its debt maturities well
ahead of time, its free cash flow remains negative, or if its debt
to EBITDA (Moody's adjusted) ratio does not improve, increasing the
likelihood of some form of debt restructuring.

Digicel's ratings could be upgraded if the company's liquidity
improves and its leverage declines, driven by a clear improvement
in its operating performance, a return to positive free cash flow
generation and the completion of asset sales.



DITECH HOLDING: Reaches Forbearance Agreements Creditors
--------------------------------------------------------
Ditech Holding Corporation and certain of its subsidiaries entered
into forbearance agreements on Jan. 16, 2019, with (i) certain
holders of greater than 75% of the aggregate principal amount of
the outstanding Second Lien Notes, (ii) certain lenders holding
greater than 50% of the sum of (a) the loans outstanding, (b)
letter of credit exposure and (c) unused Commitments under the
Credit Agreement at such time and the administrative agent and
collateral agent under the Credit Agreement and (iii) the requisite
buyers and variable funding noteholders, as applicable, under the
Warehouse Facility Agreements.

Pursuant to the Forbearance Agreements, subject to certain terms
and conditions, the 2L Holders, Credit Agreement Forbearing Parties
and Warehouse Lenders have agreed to temporarily forbear from the
exercise of any rights or remedies they may have in respect of the
aforementioned events of default or other defaults or events of
default arising out of or in connection therewith. The Forbearance
Agreements terminate on Feb. 8, 2019, unless certain specified
circumstances cause an earlier termination.

As previously disclosed, the Board of Directors of Ditech Holding
elected not to make the approximately $9 million cash interest
payment due and payable on Dec. 17, 2018 with respect to the
Company's outstanding 9.0% Second Lien Senior Subordinated PIK
Toggle Notes due 2024 issued under the indenture governing the
Second Lien Notes.  The Company had sufficient liquidity on
Dec. 17, 2018 to make the Interest Payment.  However, the Board
elected not to make the Interest Payment as active discussions
continue with certain of the Company's creditors and other parties
in interest regarding the Company's previously announced evaluation
of strategic alternatives.

The Company's failure to make the Interest Payment within thirty
days after it was due and payable constitutes an "event of default"
under the Indenture.  As active discussions are still ongoing
regarding the Company's evaluation of strategic alternatives, the
Board determined that the Company would not make the Interest
Payment prior to the expiration of the thirty day grace period even
though it had sufficient liquidity to do so as of Jan. 16, 2019,
resulting in an event of default under the Indenture.  An event of
default under the Indenture also constitutes an "event of default"
under the Company's Second Amended and Restated Credit Agreement,
dated as of Feb. 9, 2018  and certain of the Company's warehouse
facility agreements.

                          Terminates COO

On Jan. 14, 2019, the Company entered into a Termination Letter
Agreement with its Chief Operating Officer, Ritesh Chaturbedi,
pursuant to which Mr. Chaturbedi's employment with the Company has
terminated.  Under the terms of the Letter Agreement, and
consistent with the terms of Mr. Chaturbedi's employment letter
agreement with the Company dated April 18, 2018, Mr. Chaturbedi is
entitled to receive a severance benefit equal to one-times Mr.
Chaturbedi's current base salary, payable in installments over a
period of 12 months, subject to Mr. Chaturbedi executing and not
revoking a release of claims against the Company.  Mr. Chaturbedi's
obligations under his Confidentiality, Non-Interference, and
Invention Assignment Agreement with the Company dated April 18,
2018 will continue in full force and effect.

                      About Ditech Holding

Ditech Holding Corporation -- http://www.ditechholding.com/-- is
an independent servicer and originator of mortgage loans and
servicer of reverse mortgage loans.  Based in Fort Washington,
Pennsylvania, the Company has approximately 3,300 employees and
service a diverse loan portfolio.

Ditech Holding incurred a net loss of $426.9 million in 2017
following a net loss of $833.9 million in 2016.  As of Sept. 30,
2018, Ditech Holding had $12.33 billion in total assets, $12.27
billion in total liabilities, and $55.18 million in total
stockholders' equity.

"The Company continues to actively refine its liquidity plan and
intends to take all appropriate actions in an effort to ensure that
it has adequate liquidity to meet its debt service obligations and
other liabilities and commitments.  Based on the assessment of the
Company's liquidity for the next twelve months from the date of
issuance of these financial statements, management has concluded
that while there can be no assurance that the Company's recent and
future actions will be successful in mitigating the above risks and
uncertainties, including the impact of market conditions and the
Company's ability to close MSR sales and other transactions at
valuations and within timeframes necessary to maintain sufficient
liquidity levels, the Company's current plans, which are considered
probable of occurring, provide enough liquidity to meet its
obligations over the next twelve months from the date of issuance
of these financial statements. However, the potential for an
in-court supervised Chapter 11 process in order to implement a
strategic transaction ... raises substantial doubt about the
Company's ability to continue as a going concern," the Company
stated in its Quarterly Report for the period ended Sept. 30, 2018.


ELANAR CONSTRUCTION: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: Elanar Construction Co.
        6620 Belmont Ave.
        Chicago, IL 60634

Business Description: Founded in 2001, Elanar Construction is a
                      privately held company in the commercial &
                      residential construction industry.

Chapter 11 Petition Date: January 18, 2019

Court: United States Bankruptcy Court
       Northern District of Illinois (Eastern Division)

Case No.: 19-01576

Judge: Hon. Timothy A. Barnes

Debtor's Counsel: Arthur G. Simon, Esq.
                  CRANE, SIMON, CLAR & DAN
                  135 S. Lasalle St Suite 3705
                  Chicago, IL 60603
                  Tel: 312 641-6777
                  Fax: 312 641-7114
                  E-mail: asimon@cranesimon.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Ross Burns, 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/ilnb19-01576.pdf


ELAS LLC: Has Authorization to Use Ocwen Cash Collateral
--------------------------------------------------------
The Hon. Victoria S. Kaufman of the U.S. Bankruptcy Court for the
Central District of California has entered an order authorizing
Elas, LLC to use the cash collateral of Ocwen Loan Servicing, LLC.

                          About Elas LLC

Elas, LLC, owns 100% interest in two real estate properties located
in Los Angeles, California having a total current value of $1.98
million.

Elas, LLC, doing business as Calnopoly, LLC, filed a Chapter 11
petition (Bankr. C.D. Cal. Case No. 18-12494) on Oct. 8, 2018.  The
petition was signed by Latrice Allen, managing member. The case is
assigned to Judge Victoria S. Kaufman.  The Debtor is represented
by Anthony Obehi Egbase, Esq. of A.O.E Law & Associates, APC.  At
the time of filing, the Debtor had $1,986,300 in total assets and
$1,026,878 in estimated liabilities.



ELEMENTS BEHAVIORAL: PCO Files 3rd Report
-----------------------------------------
David N. Crapo, the Patient Care Ombudsman for EBH Topco, LLC,
Elements Behavioral Health, Inc., and certain of its affiliates,
filed his third report, which covers the reporting period beginning
October 19, 2018 and ending January 9, 2019, when four of the
Debtor's Operating Facilities ceased operations.

In connection with the December 31, 2018 sale closing, the
following Operation Facilities ceased operations: (i) Promises
Malibu; (ii) Promises Malibu Vista; (iii) The Ranch Mississippi;
and (iv) Journey Healing Centers in Utah.

Based on the Report, the PCO has made the following findings:

   * The quality of care provided to the operating Debtors’
patients, including patient safety, remains acceptable, and is not
currently declining or otherwise materially compromised;

   * The oversight and supervision provided by the management of
the operating Debtors and the Elements Behavioral Health corporate
cffices and the competence, attentiveness and loyalty of the
operating Debtors' clinical will likely uncover the quality of care
deficits if they arise; and

   * Having the PCO received bi-weekly reports and other materials
regarding quality of care and the operating Debtors’ operations
that could affect the resident quality of care will provide a
reasonable basis to monitor whether the quality of care, including
patient safety, provided by the operating Debtors is declining or
otherwise materially compromised.

In general, the PCO reported that an analysis of multiple sources
of information regarding the current performance of the remaining
operating facilities and the Debtors' existing structures and
policies and procedures reveals that the mental and behavioral
health facilities they operate continue to provide the same level
of patient care and safety it historically provided since before
the Petition Date. Moreover, the PCO noted that the Debtors' level
of patient care and safety are adequate and stable.

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

      http://bankrupt.com/misc/deb18-11212-679.pdf

              About Elements Behavioral Health

Long Beach, California-based EBH Topco, LLC, along with its
subsidiaries -- http://www.elementsbehavioralhealth.com/-- are
providers of behavioral health services and residential drug and
alcohol addiction treatment. The Elements Behavioral Health(R)
family of programs offers comprehensive, innovative treatment for
substance abuse, sexual addiction, trauma, eating disorders, and
other mental health disorders.

EBH Topco, LLC (Lead Case), Elements Behavioral Health, Inc., and
certain of its affiliates sought Chapter 11 bankruptcy protection
on May 23, 2018 (Bankr. D. Del. Lead Case No. 18-11212).

In the petition signed by CRO Martin McGahan, the Debtors estimated
$50 million to $100 million in assets and under $100 million to
$500 million in liabilities.

Hon. Brendan Linehan Shannon presides over the Debtors' cases.

Christopher A. Ward, Esq., Shanti M. Katona, Esq., Stephen J.
Astringer, Esq., and Jeremy R. Johnson, at Polsinelli PC, serve as
counsel to the Debtors. The Debtors tapped Alvarez & Marsal LLC as
initial restructuring advisor; Houlihan Lokey Capital, Inc. As
investment banker; and Donlin, Recano & Company, Inc. as the notice
and claims agent.

On June 11, 2018, Andrew Vara, acting U.S. trustee for Region 3,
appointed an official committee of unsecured creditors. The
Committee retained Bayard P.A. as legal counsel; Arent Fox LLP as
co-counsel; and Zolfo Cooper, LLC as financial advisor.


ENCOUNTER MEDICAL: Says PCO Not Necessary
-----------------------------------------
Encounter Medical Associates, LLC asks the U.S. Bankruptcy Court
for the Northern District of Georgia to enter an order finding that
the appointment of a patient care ombudsman is not necessary.

The Debtor is a private entity that is engaged in offering to the
general public services for the diagnosis or treatment of injury or
disease and is a health care business as defined by Section
101(27A) of the Bankruptcy Code.

In support of its request, the Debtor stated that it does not
provide long-term care to patients and does not provide inpatient
care. Further, the Debtor noted that the case is a small business
case and the impact that the additional cost of an ombudsman and
the likelihood of a successful reorganization is significant.

Hence, the Debtor asks the Court to enter an order finding that the
appointment of a patient care ombudsman is not necessary for the
protection of patients under the specific facts of the case.

      About Encounter Medical Associates

Encounter Medical Associates, LLC, a medical group in Cumming,
Georgia, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Ga. Case No. 19-20009) on Jan. 3, 2019.  At the time
of the filing, the Debtor estimated assets of less than $50,000 and
liabilities of $1 million to $10 million.


ENERGY FUTURE: NEI Appeal vs EALP, et al., Withdrawn from Mediation
-------------------------------------------------------------------
Chief Magistrate Judge Mary Pat Thynge recommends that the appeals
case captioned NEXTERA ENERGY, INC., Appellant, v. ELLIOTT
ASSOCIATES, L.P., et al., Appellees, C. A. No. 18-1769-RGA (D.
Del.) be withdrawn from the mandatory referral for mediation and
proceed through the appellate process of the Court.

As a result of a screening process, the issues involved in this
case are not amenable to mediation and mediation at this stage
would not be a productive exercise, a worthwhile use of judicial
resources nor warrant the expense of the process.

The parties have engaged in informal discussions regarding the
issues to the appeal, but have not reached a consensual resolution.


A copy of the Court's Recommendation dated Dec. 20, 2018 is
available at https://bit.ly/2FsvNXr from Leagle.com.

NextEra Energy, Inc., Appellant, represented by Adam G. Landis --
landis@lrclaw.com -- Landis Rath & Cobb LLP & Matthew B. McGuire --
mcguire@lrclaw.com  -- Landis Rath & Cobb LLP.

Elliott Associates, L.P., Elliott International, L.P., Liverpool
Limited Partnership & UMB Bank. N.A., Appellees, represented by
Scott D. Cousins -- scousins@bayardlaw.com -- Bayard, P.A., Erin R.
Fay -- efay@bayardlaw.com -- Bayard, P.A. & Gregg Mattisen Galardi
-- Gregg.Galardi@ropesgray.com -- Ropes & Gray LLP.

EFH Plan Administrator Board, Appellee, represented by Mark David
Collins -- collins@rlf.com -- Richards, Layton & Finger, PA, Daniel
J. DeFranceschi -- defranceschi@rlf.com -- Richards, Layton &
Finger, PA & Jason Michael Madron -- madron@rlf.com -- Richards,
Layton & Finger, PA.

                    About Energy Future

Energy Future Holdings Corp., formerly known as TXU Corp., is a
privately held diversified energy holding company with a portfolio
of competitive and regulated energy businesses in Texas. Oncor, an
80 percent-owned entity within the EFH group, is the largest
regulated transmission and distribution utility in Texas. The
Company delivers electricity to roughly three million delivery
points in and around Dallas-Fort Worth. EFH Corp. was created in
October 2007 in a $45 billion leverage buyout of Texas power
company TXU in a deal led by private-equity companies Kohlberg
Kravis Roberts & Co. and TPG Inc.

On April 29, 2014, Energy Future Holdings and 70 affiliated
companies sought Chapter 11 bankruptcy protection (Bankr. D. Del.
Lead Case No. 14-10979) after reaching a deal with some key
financial stakeholders to keep its businesses operating while
reducing its roughly $40 billion in debt.

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi (CSS).

As of Dec. 31, 2013, EFH Corp. reported assets of $36.4 billion in
book value and liabilities of $49.7 billion. The Debtors had $42
billion of funded indebtedness as of the bankruptcy filing.

EFH's legal advisor for the Chapter 11 proceedings is Kirkland &
Ellis LLP, its financial advisor is Evercore Partners and its
restructuring advisor is Alvarez & Marsal. The TCEH first lien
lenders supporting the restructuring agreement are represented by
Paul, Weiss, Rifkind, Wharton & Garrison, LLP as legal advisor, and
Millstein & Co., LLC, as financial advisor.

The EFIH unsecured creditors supporting the restructuring Agreement
are represented by Akin Gump Strauss Hauer & Feld LLP, as legal
advisor, and Centerview Partners, as financial advisor. The EFH
equity holders supporting the restructuring agreement are
represented by Wachtell, Lipton, Rosen & Katz, as legal advisor,
and Blackstone Advisory Partners LP, as financial advisor. Epiq
Systems is the claims agent.

Wilmington Savings Fund Society, FSB, the successor trustee for the
second-lien noteholders owed about $1.6 billion, is represented by
Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A.
Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq.,
Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey,
Esq., and Howard L. Siegel, Esq.

On May 13, 2014, the U.S. Trustee appointed the Official Committee
of TCEH Unsecured Creditors in the Chapter 11 Cases. The TCEH
Committee is composed of (a) the Pension Benefit Guaranty
Corporation; (b) HCL America, Inc.; (c) BNY, as Indenture Trustee
under the EFCH 2037 Notes due 2037 and the PCRBs; (d) LDTC, as
Indenture Trustee under the TCEH Unsecured Notes; (e) Holt Texas
LTD, d/b/a Holt Cat; (f) ADA Carbon Solutions (Red River); and (g)
Wilmington Savings, as Indenture Trustee under the TCEH Second Lien
Notes. The TCEH Committee retained Morrison & Foerster LLP as
counsel; Polsinelli PC as co-counsel and conflicts counsel; Lazard
Freres & Co. LLC as investment banker; FTI Consulting, Inc., as
financial advisor; and Charles River Associates as an energy
consultant.

On Oct. 27, 2014, the U.S. Trustee appointed the Official Committee
of Unsecured Creditors representing the interests of the unsecured
creditors for EFH, EFIH, EFIH Finance, and EECI, Inc. The EFH/EFIH
Committee is composed of (a) American Stock Transfer & Trust
Company, LLC; (b) Brown & Zhou, LLC c/o Belleair Aviation, LLC; (c)
Peter Tinkham; (d) Shirley Fenicle, as successor-in-interest to the
Estate of George Fenicle; and (e) David William Fahy. The EFH/EFIH
Committee retained Montgomery, McCracken, Walker & Rhodes, LLP, as
co-counsel and conflicts counsel; AlixPartners, LLP, as
restructuring advisor; Sullivan & Cromwell LLC as counsel;
Guggenheim Securities as investment banker; and Kurtzman Carson
Consultants LLC as noticing agent for both the TCEH Committee and
the EFH/EFIH Committee.

Given the size and complexity of the Chapter 11 Cases, the U.S.
Trustee proposed, and the Debtors and the TCEH Committee agreed, to
recommend that the Bankruptcy Court appoint a committee to, among
other things, review and report as appropriate on fee applications
and statements submitted by the professionals paid for by the
Debtors' Estates. The Fee Committee is comprised of four members:
(a) one member appointed by and representative of the Debtors
(Cecily Gooch, Vice President and Special Counsel for
Restructuring, Energy Future Holdings); (b) one member appointed by
and representative of the TCEH Creditors' Committee (Peter Kravitz,
Principal and General Counsel, Province Capital); (c) one member
appointed by and representative of the U.S. Trustee (Richard L.
Schepacarter, Trial Attorney, Office of the United States Trustee);
and (d) one independent member (Richard Gitlin, of Gitlin and
Company, LLC). The Fee Committee retained Godfrey & Kahn, S.C., as
counsel; and Phillips, Goldman & Spence, P.A., as co-counsel.

On Aug. 29, 2016, Judge Sontchi confirmed the Chapter 11 exit Plans
of two of Energy Future Holdings Corp.'s subsidiaries, power
generator Luminant and retail electricity provider TXU Energy Inc.
(the "T-Side Debtors"). The Plan became effective on Oct. 3, 2016.

On Aug. 20, 2017, Sempra Energy (NYSE:SRE) announced an agreement
to acquire Energy Future Holdings, the indirect owner of 80 percent
of Oncor Electric Delivery Company, LLC, operator of the largest
electric transmission and distribution system in Texas. Under the
agreement, Sempra Energy will pay approximately $9.45 billion in
cash to acquire Energy Future and its ownership in Oncor, while
taking a major step forward in resolving Energy Future's
long-running bankruptcy case. The enterprise value of the
transaction is approximately $18.8 billion, including the
assumption of Oncor's debt.

On Nov. 3, 2017, the Bankruptcy Court entered an order closing the
Chapter 11 cases of 40 affiliate debtors. The claims asserted
against, and interests asserted in, the Closing Cases are
transferred to the lead case of Texas Competitive Electric Holdings
Company LLC, Case No. 14-10978. A list of the Closing Cases is
available for free at:

      http://bankrupt.com/misc/EnergyFuture_decreeclosing40.pdf


EXGEN RENEWABLES IV: Moody's Lowers Sr. Sec. Debt Rating to B2
--------------------------------------------------------------
Moody's Investors Service downgraded to B2 from Ba2 the rating
assigned to the senior secured debt of ExGen Renewables IV, LLC.
The rating is outlook is negative.

RATINGS RATIONALE

The rating action is driven entirely by the expected bankruptcy
filing of Pacific Gas & Electric Company's (PG&E: Caa3, negative)
which was downgraded to Caa3 on January 14, 2019 and has a negative
outlook. PG&E's expected bankruptcy filing on or about January 29,
2019 is driven by the utility's declining financial position, and
increasingly limited flexibility as wildfire liabilities mount,
collateral posting is required, and higher investments in wildfire
safety and prevention are mandated.

PG&E remains a key offtaker within EGR IV's portfolio since PG&E's
is the sole offtaker for the AVSR solar project, which provides
almost 40% of EGR IV's cash flows. Additionally, a bankruptcy of
PG&E is an event of default at AVSR's project level debt that would
restrict the payment of dividends from AVSR. Without dividends from
AVSR, holding company level only financial metrics would severely
drop resulting in holdco level DSCR modestly above the 1.10x
financial covenant threshold assuming EGR IV's other assets perform
well. Also, little would be left for the excess cash sweep and any
further significant stress event like a low wind resource year or a
major outage could result in EGR IV breaching its financial
covenant and potentially drawing on its reserves. Over the longer
term, EGR IV's ability to refinance its debt would be severely
limited since EGR IV's contracted cash flows would be insufficient
to repay its debt in such a scenario unless EGR IV's projects were
able to enter into new contracts at attractive prices.

Notwithstanding the factors affecting the off-taker's credit
quality at its AVSR subsidiary, Moody's expects EGR IV will achieve
financial performance within the originally expected range of
around 6% to 7% consolidated FFO to debt and 1.30x to 1.40x
consolidated DSCR assuming PG&E continues to honor its contractual
obligations although holdco level DSCR will decline to modestly
above the 1.10x financial covenant since a bankruptcy of PG&E would
result in any dividends becoming trapped at AVSR.

Rating Outlook

EGR IV's negative rating outlook reflects the negative outlook on
PG&E since 40% of EGR IV's dividends are sourced from the AVSR
project that sells all of its output to PG&E.

Factors that could lead to a downgrade

Due to the degree of diversity in its portfolio, EGR IV's rating
would not necessarily move in lockstep with any further downgrade
of PG&E's rating. Nevertheless, EGR IV's rating would be downgraded
should PG&E seek to reject its contract with AVSR or if EGR IV is
unable to receive dividends from AVSR for an extended period of
time. EGR IV could also be downgraded if a substantial portion of
the portfolio incurs major operational problems or if EGR IV is
unable to comply with its financial covenant.

Factors that could lead to a upgrade

EGR IV's rating outlook could be changed to stable if PG&E affirmed
the contract at AVSR and any default at AVSR is resolved to allow
dividends to flow to EGR IV. Furthermore, while unlikely in the
near-term, EGR IV's rating could be upgraded if PG&E's rating were
upgraded and if EGR IV's overall operational and financial
performance remain within expectations.

ExGen Renewables IV, LLC, a holding company, indirectly owns around
a 1 GW (net ownership adjusted) portfolio of 33 operating solar,
wind and biomass power projects spread over 15 states. The projects
reached commercial operations from 2007 through 2017 and most of
the assets have operating company level debt while a few others
have tax equity financings. Almost half of EGR IV's dividends flow
through ExGen Renewables Partners, LLC (EGRP), a joint venture with
John Hancock Life Insurance Company (USA). ExGen indirectly owns
100% of EGR IV. As of September 2018, EGR IV had $834 million of
holding company debt outstanding under its senior secured term
loan.

The principal methodology used in this rating was Power Generation
Projects published in June 2018.


EYEPOINT PHARMACEUTICALS: Signs $20M Sales Agreement with B. Riley
------------------------------------------------------------------
EyePoint Pharmaceuticals, Inc. entered into an At Market Issuance
Sales Agreement with B. Riley FBR, Inc. on Jan. 18, 2019, to create
an at the market equity program under which the Company from time
to time may offer and sell shares of its common stock, par value
$0.001 per share, having an aggregate offering price of up to
$20,000,000 through or to B. Riley FBR.

Subject to the terms and conditions of the Sales Agreement, B.
Riley FBR will use its commercially reasonable efforts to sell the
Shares from time to time, based upon the Company's instructions.
The Company has provided the Agent with customary indemnification
rights, and the Agent will be entitled to a commission of up to
3.0% of the gross proceeds from each sale of the Shares.

Sales of the Shares, if any, under the Sales Agreement may be made
in transactions that are deemed to be "at the market offerings" as
defined in Rule 415 under the Securities Act of 1933, as amended.
The Company has no obligation to sell any of the Shares and may at
any time suspend offers under the Sales Agreement or terminate the
Sales Agreement.

The Shares to be sold under the Sales Agreement, if any, will be
issued and sold pursuant to the Company's shelf registration
statement on Form S-3 (File No 333-228581), previously filed with
the Securities and Exchange Commission on Nov. 28, 2018 and
declared effective by the SEC on Dec. 11, 2018.  A prospectus
supplement related to the Company's at the market equity program
will be filed with the SEC on Jan. 18, 2019.

               About EyePoint Pharmaceuticals

EyePoint Pharmaceuticals, formerly pSivida Corp. --
http://www.eyepointpharma.com/-- headquartered in Watertown, MA,
is a specialty biopharmaceutical company committed to developing
and commercializing innovative ophthalmic products in indications
with high unmet medical need to help improve the lives of patients
with serious eye disorders.  With the approval by the FDA on Oct.
12, 2018 of YUTIQ three-year treatment of chronic non-infectious
uveitis affecting the posterior segment of the eye, the Company has
developed five of the six FDA-approved sustained-release treatments
for eye diseases.

EyePoint Pharmaceuticals incurred a net loss of $53.17 million for
the year ended June 30, 2018, compared to a net loss of $18.48
million for the year ended June 30, 2017.  As of Sept. 30, 2018,
the Company had $88.85 million in total assets, $41.15 million in
total liabilities, and $47.70 million in total stockholders'
equity.

Deloitte & Touche LLP, in Boston, Massachusetts, the Company's
auditor since 2008, issued a "going concern" qualification in its
report on the consolidated financial statements for the year ended
June 30, 2018, stating that the Company's anticipated recurring use
of cash to fund operations in combination with no probable source
of additional capital raises substantial doubt about its ability to
continue as a going concern.


FENOCHE ENERGY: Moody's Cuts Sr. Sec. Notes to Caa2, Outlook Neg.
-----------------------------------------------------------------
Moody's Investors Service has downgraded Panoche Energy Center,
LLC's senior secured notes to Caa2 from Baa3. The ratings are no
longer under review for downgrade and the rating outlook is
negative.

RATINGS RATIONALE

The downgrade to Caa2 is driven solely by the expected bankruptcy
filing of Pacific Gas & Electric Company (PG&E: Caa3, negative)
which was downgraded to Caa3 on January 14, 2019 and has a negative
outlook. PG&E's credit quality serves to limit Panoche's rating
since the Project derives all of its revenue and cash flow under a
long-term power purchase agreement (PPA) with PG&E that expires in
2029. PG&E's expected bankruptcy filing on or about January 29,
2019 is driven by the utility's declining financial position, and
increasingly limited flexibility as wildfire liabilities mount,
collateral posting is required, and higher investments in wildfire
safety and prevention are mandated.

The rating is positioned one notch above the offtaker's rating
level reflecting Panoche's position and capacity value as a peaking
unit in a high load pocket, as well as termination claims under the
PPA which aid recovery prospects in a default scenario.

Notwithstanding the factors affecting the off-taker's credit
quality, Panoche's operational and financial performance is
expected to remain adequate if PG&E continues to honor its
contractual obligations

Rating Outlook

The negative outlook on Panoche reflects the negative outlook on
PG&E and the possibility that PG&E could seek to reject the PPA
with Panoche in a bankruptcy or would not meet its contractual
obligations.

Factors that could lead to a downgrade

Panoche's rating could be downgraded if as a result of PG&E's
bankruptcy filing, the project's power purchase agreement is
terminated without the honoring of contractually determined
termination payments, or if PG&E's obligations under the PPA are
interrupted or renegotiated on less favorable terms.

Factors that could lead to an upgrade

Given the negative outlook, upgrade rating pressure is unlikely. A
revision of PG&E's outlook to stable would likely lead to a stable
rating outlook at Panoche if PG&E's requirements under the PPA
continue to be met without interruption or delays.

Furthermore, while unlikely in the near-term, Panoche's rating
could be upgraded if PG&E's rating were upgraded and if the project
maintained a strong operating performance.

Panoche Energy Center, LLC owns an approximate 400 MW natural
gas-fired simple-cycle generating facility operating primarily as
an intermediate and peaking generation plant. Panoche consists of
four GE LMS100 turbine units and is located 50 miles west of the
City of Fresno in Firebaugh, California. Panoche is owned by
affiliates of Ares Management, L.P.

The principal methodology used in these ratings was Power
Generation Projects published in June 2018.


FIELD SPORT: Case Summary & 12 Unsecured Creditors
--------------------------------------------------
Debtor: Field Sport, Inc.
        12912 Thornbury Lane
        Corona, CA 92880

Business Description: Field Sport, Inc. is a privately held
                      company in California that manufactures
                      machine guns and grenade launchers.

Chapter 11 Petition Date: January 18, 2019

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

Case No.: 19-10457

Judge: Hon. Scott H. Yun

Debtor's Counsel: Javier H. Castillo, Esq.
                  CASTILLO LAW FIRM
                  145 E. Rowland Street, Suite A
                  Covina, CA 91723
                  Tel: (626) 331-2327
                  Fax: (888) 229-0087
                  E-mail: jhcecf@gmail.com
                          jcastillolaw@gmail.com

Total Assets: $54,757

Total Liabilities: $13,398,167

The petition was signed by Yongming Sui, CEO.

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

         http://bankrupt.com/misc/cacb19-10457.pdf


FW INVESTMENTS: Seeks to Hire Blanchard Law as Legal Counsel
------------------------------------------------------------
FW Investments of Florida, LLC, seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire
Blanchard Law, P.A., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Blanchard Law charges these hourly fees:

     Jake Blanchard, Esq.     $275
     Associate Attorney       $250
     Paralegal                 $90

The firm received $10,000 as a retainer and $1,717 for the filing
fee.  

Jake Blanchard, Esq., at Blanchard Law, disclosed in a court filing
that the firm's attorneys do not represent any interest adverse or
potentially adverse to the Debtor and its bankruptcy estate.

The firm can be reached through:

     Jake Blanchard, Esq.
     Blanchard Law, P.A.
     1501 Belcher Road South, Suite 2b
     Largo, FL 33771
     Phone: (727)-531-7068
     Fax: (727) 535-2086
     E-mail: jake@jakeblanchardlaw.com

                 About FW Investments of Florida

FW Investments of Florida, LLC sought protection under Chapter 11
of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 19-00168) on Jan.
9, 2019.  At the time of the filing, the Debtor estimated assets of
less than $50,000 and liabilities of less than $500,000.


GARCES RESTAURANT: Court Awards CRC $325K in Fees and Expenses
--------------------------------------------------------------
Bankruptcy Judge Jerrold N. Poslusny, Jr. approved the final fee
application of CohnReZnick Capital Markets Securities, LLC, Garces
Restaurant Group, Inc.'s investment banker, for services rendered
from May 2 through August 1, 2018, and reimbursement of expenses.

The Fee Application seeks a fee of $318,006 and $7,500 in expenses,
for a total award of $325,506. The Official Committee of Unsecured
Creditors and the United States Trustee oppose the reasonableness
of the Fee Application. M&T Bank, the Debtors’ senior secured
lender, filed a limited objection, arguing there are insufficient
funds to cover professionals’ claims and expenses.

Professional compensation is generally governed by two sections of
the Bankruptcy Code. Section 328 allows a trustee to retain a
professional "on any reasonable terms and conditions of employment,
including . . . on a contingent fee basis." Once approved, a court
cannot alter the fee arrangement unless the "terms and conditions
prove to have been improvident in light of developments not capable
of being anticipated . . . ." Section 330, on the other hand,
authorizes a court to award "reasonable compensation for actual,
necessary services rendered . . ." and "reimbursement for actual,
necessary services." Reasonableness is based on the nature, extent,
and value of services, considering the time spent, rates charged,
whether the services were necessary or beneficial to the estate,
whether the services were performed in a reasonable time, the
professional's skills and experience, and whether a fee request is
commensurate with fees charged by similar professionals in
non-bankruptcy cases.

The parties disagree on which section governs the Fee Application.
The Committee and the U.S. Trustee argue that consideration of the
Fee Application is governed by section 330, while CRC argues
section 328 applies. CRC asserts, that even if section 330 applies,
the Retention Order contains a carve-out, whereby a reasonableness
inquiry should be limited to whether the fee requested is
"consistent with other investment banking fees earned during an
expedited section 363 marketing process." The parties’ dispute
stems from a hybrid review allowed in the Retention Order.

The Court holds that the parties could have agreed or sought a
Court ruling to more narrowly define "Consideration" and CRC's fee
structure. For example, the parties could have limited the cash
portion of Consideration to be $2 million unless increased at an
auction, or to carve-out any cash increase by a successful bidder
if the amount of cash after an auction failed to meet M&T's
benchmark. But no such parameters were included. All the parties
knew that M&T might not have agreed to a sale if the initial $2
million cash offer did not increase substantially, its counsel
stated as much at several hearings. Nevertheless, the parties
submitted an agreed order that defines Consideration to include
"any cash." Accordingly, CRC's percentage fee will be measured by
the total Consideration of $4,612,042.

Based on the evidence submitted, the Court finds that the $268,006
transaction fee (which includes CRC's voluntary 15% reduction) is
consistent with fees charged in comparable cases. Beginning with
retainers, the retainer in the cases cited ranged from $50,000 to
$125,000 and averaged $75,000. CRC's retainer was $50,000, at the
bottom range of retainer fees and below the average retainer of the
cases cited. Accordingly, the retainer is reasonable.

Next, the transaction fees requested in the cases cited ranged from
$200,000 to $650,750. The total consideration in the cases cited
ranged from $1.9 million to $38 million, with a marketing period of
three to six months. The transaction fees requested as a percentage
of the total consideration ranged from 1.5% to 10.5%, and averaged
5.54%. Here, the $268,006 transaction fee is 5.81% of the total
Consideration of about $4.6 million. The transaction fee is within
the range of the cases cited, and the average is reasonable,
although slightly higher than that of the cases cited. The higher
percentage fee in these cases is fairly attributed to the Debtors'
shorter marketing period than in other cases and the need to
expedite a sale process while preserving the best transaction
value. It could also be attributed to the fact that the sale price
was at the lower end of the range, and in the Court's experience,
lower sale prices result in higher percentage fees. For these
reasons, the $268,006 transaction fee is reasonable.

Finally, CRC seeks $7,500 in reimbursement expenses. This amount is
not opposed, is reasonable, and therefore it will be allowed.

The Court, therefore, approves a fee of $318,006 and $7,500 in
expenses, for a total award of $325,506. CRC shall apply the
$50,000 retainer to the total award and the Debtors are directed
and authorized to pay the remaining fee of $268,006 and $7,500 in
expenses for a total payment of $275,506.

A copy of the Court's Opinion dated Jan. 11, 2019 is available at:

     http://bankrupt.com/misc/njb18-19054-546.pdf

              About Garces Restaurant Group

Garces Restaurant Group, Inc., which conducts business under the
name Garces Group, is a Philadelphia-based hospitality group
operating more than a dozen restaurants from Philadelphia to New
York City, including Amada, Distrito, Tinto, Village Whiskey,
Garces Trading Company, JG Domestic, Volver, The Olde Bar, Buena
Onda, Ortzi, a Spanish Basque-inspired restaurant, at the new LUMA
Hotel Times Square and three restaurants, Okatshe, Olon and Bar
Olon at Tropicana Atlantic City.  Garces Events is a full-service
catering and event division with exclusive venues such as Kimmel
Center for the Performing Arts, Cira Centre and CHUBB Hotel &
Conference Center, among others.  The group also offers additional
services through the Garces Foundation, a philanthropic
organization dedicated to Philadelphia's underserved immigrant
community; and Luna Farm, Chef Garces' 40-acre farm in Bucks
County, Pennsylvania.

Garces Restaurant Group and 18 affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D.N.J. Lead Case No.
18-19054) on May 2, 2018.

In the petitions signed by John Fioretti, interim CEO, Garces
Restaurant estimated assets of $100,000 to $500,000 and liabilities
of $1 million to $10 million.

Judge Jerrold N. Poslusny Jr. presides over the cases.

The Debtors tapped Porzio, Bromberg & Newman, P.C., as their legal
counsel; Eisneramper LLP as financial advisor; and Cohnreznick
Capital Market Securities, LLC, as investment banker and placement
agent.  Omni Management is the claims agent.


GREGORY GILBERT: Pinands Buying Tahoe Property for $853K
--------------------------------------------------------
Gregory L. Gilbert and Rebekah E. Gilbert ask the U.S. Bankruptcy
Court for the District of Nevada to authorize the sale of the real
property located at 1115 Big Pine Court, Tahoe City, California to
Christopher Joseph Pinand and Renee Pinand for $852,700, subject to
overbid at the hearing on the Motion.

A hearing on the Motion is set for Feb. 5, 2019 at 2:00 p.m.

At the time the case was filed, the Debtors owned the Big Pine
Property, which is encumbered by a first deed of trust securing a
loan owed to DRI Mortgage Opportunity Funds LP ("DRI") with an
outstanding balance of approximately $680,000.

On Dec. 24, 2018, the Debtors accepted the Pinands' offer to
purchase the Big Pine Property for $852,700.  The parties entered
into their Residential Offer and Acceptance Agreement.  The
Purchase Agreement provides for a Feb. 11, 2019, deadline to close
escrow on the sale.  The sale will be free and clear of any
interests.

The Debtors ask authority to pay the costs of sale, including
escrow fees and brokers' commissions and the first trust deed
holder, with the net proceeds delivered to the Debtors.  

The Debtors estimate these disbursements as follows:

     a. Fidelity National Title - $8,527 (Estimated Sellers Costs
of Sale);

     b. Agent Commissions - $42,635 (2.5% Buyers' Agent; 2.5%
Sellers' Agent);

     c. DRI $685,000 - Mortgage holder; and

     d. The Debtors - $112,538 (Estimated Net Proceeds)

The Debtors believe the purchase price of $852,700 is fair and
maximizes the value of their assets.  Based upon the foregoing,
they submit that the sale of the Big Pine Property is fair,
equitable and a sound business decision.  They further believe the
sale is in the best interests of the creditors and the estate and
that the estate would be prejudiced if the Debtor does not sell
their assets to the Pinands.

Based on the foregoing, the Debtors respectfully ask that the Court
approves the sale of the Big Pine Property to the Pinands,
according to the terms of the Purchase Agreement.  They further ask
the Court waives the 14-day stay on or before the order granting
the Motion under Fed. R. Bankr. P. 6004(h), so the sale may close
by Feb. 11, 2019, as required by the Purchase Agreement.  Finally,
the Debtor ask for the Court's approval for the disbursement of the
$852,700 in sales proceeds from the Big Pine Property to pay all of
the sellers' costs of closing, including title/escrow fees and real
estate commissions, the claim of DRI on account of its first deed
of trust, with the remaining net sales proceeds paid to the
Debtors.

Gregory L. Gilbert and Rebekah E. Gilbert sought Chapter 11
protection (Bankr. D. Nev. Case No. 18-50772) on July 17, 2018.
The Debtor tapped Kevin A. Darby, Esq., at Darby Law Practice, Ltd.
as counsel.

Counsel for Debtor:

          Kevin A. Darby, Esq.
          DARBY LAW PRACTICE, LTD.
          E-mail: kad@darbylawpractice.com


GRIFFON CORP: Fitch Affirms B+ LT IDR, Outlook Stable
-----------------------------------------------------
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of
'B+' on Griffon Corporation. Fitch has also affirmed its
'BB+'/'RR1' rating on the company's senior secured credit facility
and 'B+'/'RR4' rating on its senior unsecured notes. The Rating
Outlook is Stable.

KEY RATING DRIVERS

Business Portfolio Shift: Griffon completed several sizable
transactions in fiscal 2018 (ended Sept. 30), including the sale of
its plastics business and the acquisitions of ClosetMaid and
CornellCookson. These transactions cemented a shift in Griffon's
business portfolio toward home and building products, which now
represent 84% of sales. Griffon's other segment, which makes
advanced radar and communication systems, represents 16% of sales.
The company benefits from the diversity associated with selling
into the residential, commercial and defense markets, though its
results are now more closely tied to the housing market.

Aggressive Financial Posture: The company's acquisition spending in
fiscal 2018 of $431 million was more than covered by the $475
million of proceeds from sale of the Clopay plastics business to
Berry Global Group. However, the company accelerated its share
repurchases to $46 million during the year from $16 million in
fiscal 2017, and paid a special dividend of around $40 million. As
a result, debt levels increased during the year and debt/EBITDA
remains elevated at 6.7x at year-end fiscal 2018 (or in the low-6x
range pro forma for a full year of CornellCookson EBITDA), above
Fitch's original expectations.

Expected Deleveraging: Management is now focused on reducing
leverage, and Fitch expects debt/EBITDA will improve to around 6x
at the end of fiscal 2019 and 5x at the end of fiscal 2020.
Acquisition activity is expected to be limited over the near term
as the company integrates its recent acquisitions, with cash flow
focused primarily on debt reduction and share repurchases are
deemphasized. The company will continue to look at bolt-on
acquisition opportunities, but will likely refrain from larger
acquisitions while integrating ClosetMaid and CornellCookson.

Below Average Margins: Griffon generates below-average margins
relative to other diversified industrials and building products
companies, reflecting competitive conditions within its markets and
its significant exposure to the big box retail channel. Margins
have been affected recently by acquisition and higher input costs
related to tariffs on steel and certain imports from China. Fitch
believes there is modest upside to the company's margins over the
next few years from savings related to the integration of recent
acquisitions.

Weak FCF: Griffon generated weak FCF after dividends in recent
years due to its margin profile and higher capital intensity in its
plastics business. FCF was negative in fiscal 2018 due to losses
from the discontinued plastics business, the $40 million special
dividend and growth in working capital. FCF is expected to turn
positive in fiscal 2019 and approach $40 million to $50 million in
2020, supported by gradually improving margins, manageable capex as
a percentage of revenues of 2.0%-2.5% annually, and measured
increases in the dividend.

Moderate Growth Potential: Griffon's home and building products
businesses are tied to the repair and replacement market, with less
exposure to new construction. Growth in this segment has been
offset by recent weakness in the defense electronics business.
Fitch believes the consolidated business can generate low
single-digit organic growth over time, supplemented by
acquisitions.

Strengths and Concerns: Rating strengths include end-market
diversity, strong positions in niche building products and defense
markets, and moderate long-term growth potential. Rating concerns
include limited pricing power, customer concentrations, weak FCF,
elevated leverage and integration risk related to the ClosetMaid
and CornellCookson acquisitions.

DERIVATION SUMMARY

With $2 billion in revenue, Griffon is smaller than other
diversified building products companies such as Fortune Brands,
Masco and USG. However, Griffon has a solid market presence in its
end markets of tools, garage doors and defense electronics. The
company's EBITDA margin of 8.6% in fiscal 2018 is well below its
larger industry peers, reflecting competitive market conditions and
its significant customer concentrations with big box retailers. The
company also has higher financial leverage than these peers. No
country-ceiling, parent/subsidiary or operating environment aspects
affect the rating.

KEY ASSUMPTIONS

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

  -- Sales are forecast to grow 11% in fiscal 2019 from
acquisitions, mid-single-digit organic growth, and flat results
from defense electronics. Sales are expected to grow at around 4%
beyond fiscal 2019, driven by low single digit organic growth and
bolt-on acquisitions;

  -- EBITDA margins are modestly lower in fiscal 2019 due to cost
headwinds, and begin to recover in fiscal 2020, approaching 10%
longer-term;

  -- Capex as a percentage of revenues are assumed to range from
2.0%-2.5% annually;

  -- FCF turns positive in fiscal 2019 and approaches $40 million
to $50 million in 2020;

  -- Debt levels are reduced in fiscal 2019 and 2020, using
existing cash and FCF. Debt/EBITDA improves from 6.7x (or the
low-6x range pro forma for a full year of CornellCookson EBITDA) at
the end of fiscal 2018 to around 6x in fiscal 2019 and 5x in fiscal
2020.

Recovery Assumptions

The recovery analysis assumes that Griffon would be considered a
going-concern in bankruptcy and that the company would be
reorganized rather than liquidated. Fitch has assumed a 10%
administrative claim. The going-concern EBITDA estimate of $146
million reflects Fitch's view of a sustainable, post-reorganization
EBITDA level, upon which the agency bases the valuation of the
company. The going-concern EBITDA reflects a potential weakening of
the housing market as well as the potential for the loss of a
significant customer, given that Griffon has large customer
concentrations.

An EV multiple of 6x is used to calculate a post-reorganization
valuation and reflects a mid-cycle multiple. Transactions involving
building products companies include a 10.3x multiple on the 2015
buyout of Lafarge and an 8.0x multiple on the 2015 buyout of
Woodcraft Industries. In addition, Griffon is estimated to have
paid around 7.4x EBITDA for ClosetMaid and 10x EBITDA for
CornellCookson.

The secured revolving credit facility is assumed to be fully drawn
upon default. The credit facility and other secured loans are
senior to the senior unsecured notes in the waterfall. The analysis
results in 'RR1' for the secured revolver (fully drawn at $350
million), representing outstanding recovery prospects (91%-100%).
The waterfall also indicates a 'RR4' for the senior unsecured
notes, corresponding to average recovery prospects (31%-50%).

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action

  -- Maintenance of a more conservative financial posture leading
to a reduction in debt/EBITDA to below the mid-4x range and
FFO-adjusted leverage to below the mid-5x range on a sustained
basis;

  -- An improvement in FCF margins to above 4%.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action

  -- A continued aggressive financial posture, with share
repurchases in excess of FCF;

  -- Debt/EBITDA is sustained above the mid-5x range and
FFO-adjusted leverage above the mid-6x range on a sustained basis;


  -- A FCF margin consistently below 2%.

LIQUIDITY

Liquidity: As of Sept. 30, 2018, GFF had total liquidity of $380
million, consisting of $70 million of cash and $310 million in
available funds under its revolver, net of outstanding borrowings
and letters of credit. GFF's maturity schedule is manageable. The
company does not have a major maturity until 2021, when the
revolver matures, and 2022, when the company's $1 billion in senior
unsecured notes mature.

Capital Structure: As of Sept. 30, 2018, the company's total debt
was $1.1 billion, and was composed of $1 billion of senior
unsecured notes, $25 million under the company's senior secured
revolver, and approximately $110 million of other secured debt
(mortgages, ESOP loans, foreign term loans and capital leases).

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

Griffon Corporation

  -- Long-Term IDR at 'B+';

  -- Senior secured credit facilities at 'BB+'/'RR1';

  -- Senior unsecured notes at 'B+'/'RR4'.

The Rating Outlook is Stable.


GYMBOREE GROUP: Case Summary & 50 Largest Unsecured Creditors
-------------------------------------------------------------
Eleven affiliates that have filed voluntary petitions seeking
relief under Chapter 11 of the Bankruptcy Code:

      Debtor                                  Case No.
      ------                                  --------
      Gymboree Group, Inc. (Lead Case)        19-30258
         dba Giraffe New OPCO, Inc.
      71 Stevenson Street, Suite 2200
      San Francisco, CA 94105

      Gym-Card, LLC                           19-30248
      Gymboree Retail Stores, LLC             19-30249
      Gymboree Distribution, Inc.             19-30250
      Gymboree Island, LLC                    19-30251
      Gymboree Intermediate Corporation       19-30252
      Gymboree Wholesale, Inc.                19-30253
      Gym-Mark, Inc.                          19-30254
      Gymboree Operations, Inc.               19-30255
      Gymboree Manufacturing, Inc.            19-30256
      Gymboree Holding Corporation            19-30257

Business Description: San Francisco-based Gymboree Group owns
                      a portfolio of three children's clothing and

                      accessories brands, Gymboree, Janie and Jack

                      and Crazy 8, each offering a different
                      product line with a distinct brand identity
                      and targeted product offering.  Since its
                      start in 1976, Gymboree Group has grown from
                      offering mom-and-baby classes in the San
                      Francisco Bay Area to currently operating
                      over 900 retail stores in the United States
                      and Canada, along with franchises around the
                      world.  Visit https://www.gymboree.com for
                      more information.

Chapter 11 Petition Date: January 17, 2019

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

Judge: Hon. Keith L. Phillips

Debtor's
Local
Counsel:     Michael A. Condyles, Esq.
             Peter J. Barrett, Esq.
             Jeremy S. Williams, Esq.
             Brian H. Richardson, Esq.
             KUTAK ROCK LLP
             901 East Byrd Street, Suite 1000
             Richmond, Virginia 23219-4071
             Tel: (804) 644-1700
             Fax: (804) 783-6192
             E-mail: Michael.Condyles@KutakRock.com
                     Peter.Barrett@KutakRock.com
                     Jeremy.Williams@KutakRock.com
                     Brian.Richardson@KutakRock.com

Debtors'
General
Bankruptcy
Counsel:     Dennis F. Dunne, Esq.
             Evan R. Fleck, Esq.
             Michael W. Price, Esq.
             MILBANK, TWEED, HADLEY & M C CLOY LLP
             28 Liberty Street
             New York, New York 10005
             Tel: (212) 530-5000
             Fax: (212) 530-5219
             E-mail: ddunne@milbank.com
                     efleck@milbank.com
                     mprice@milbank.com

Debtors'
Investment
Banker &
Financial
Advisor:     STIFEL, NICOLAUS & COMPANY, INCORPORATED

Debtors'
Financial
Advisor:     BERKELEY RESEARCH GROUP, LLC

Debtors'
Claims,
Balloting,
& Noticing
Agent:       PRIME CLERK LLC
             https://cases.primeclerk.com/gym/Home-DocketInfo

Debtors'
Real Estate
Consultant:  HILCO REAL ESTATE, LLC

Gymboree Group's
Estimated Assets: $100 million to $500 million

Gymboree Group's
Estimated Liabilities: $50 million to $100 million

The petition was signed by John W. Kimmins, authorized signatory.

A full-text copy of Gymboree Group's petition is available for free
at:

          http://bankrupt.com/misc/vaeb19-30258.pdf

List of Debtors' 50 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Hansoll Textile Ltd.                Trade Payable      $12,094,790
David Park
Hansoll Textile Bldg.
268 Songpa-Daero
Songpa-Gu
Seoul, Korea
Tel: 822-3287-8084
Email: davidpark@hansoll.com

Tip Top Fashions Ltd                Trade Payable       $9,705,592
Mr. Tofazal Al
Industrial Plote No-1 (5th Floor), BL
Dhaka, Bangladesh
Tel: 8809666778800
Email: ali_t@standard-group.com

Pan Pacific Co Ltd.                  Trade Payable      $7,128,557
Simon Chong
12, Digital-RO 31 GIL
Guro-Dong 197-21
Guro-Gu
Seoul, 08380
Korea
Tel: 82-2-3494-9135
Email: simonchong@pti-pacific.com

Mawna Fashions Ltd.                  Trade Payable      $5,578,573
Abdul Kader Anu
BGMEA Complex (12th Floor) 23/1
Dhaka, 1215
Bangladesh
Tel: 880-2-7790060-67
Email: anu@dbl-group.com

Concept Knitting Limited             Trade Payable      $5,285,564
Ahmed Arif Billah
House # B-105 (1st Floor), Road #8
New Dohs, Mohakhali
Dhaka, 1206
Bangladesh
Tel: 8809814730
Email: arif@mascoknit.com

Royal Classic Mills (P) Ltd          Trade Payable      $4,698,146
Mr. Gopal
31, Magalam Road
Puliyamara Thottam, Katapalayam,
Tiruppur
Tamil Nadu, 641604
India
Tel: 91-421-3011300
Email: gopal@rcg.in

Shartex International Trading        Trade Payable      $4,454,648
Harry Meng
Helena Yao
10F Block A
688 Dalian Road
Shanghai, 20082
China
Tel: 8809666778800
Email: menghua@shartex.net
helena_yao@shartex.net

Lim Line Apparel Co. Ltd.            Trade Payable      $4,196,095
Mr. Songchai Sankingthong
Mr. Paiboon Puriteerangkul
844/60 Charoen Krung Road SOI
Wat
Chan Nai
Bang Kho Laem
Bangkok, 10120
Thailand
Tel: (66) 02 289 4688
Email: song@limline.co.th
paiboonp@limline.co.th

Tongxiang Colax Industrial           Trade Payable      $4,129,538
Jason Yu
Fiona Liu
Zhejiang Zhejiang Province
Jiaxing City
China
Tel: 0573-88922968
Email: jasonyu@colax.cn
fionaliu@colax.cn

Eastman Exports Global Clthg         Trade Payable      $3,965,829
Mr. Chandranan
5/59, 1st Street, Sri Lakshmi Nagar
Pitchampalayam Pudur, Tiruppur
Tamil Nadu, 641603
India
Tel: 91-421-4301234
Email: nc@eastmanexports.com

Suntex Garments Ltd.                 Trade Payable      $3,926,128
Sun Zhen
Grace Yan
A-308 Dalang Woolen Trade Ctr
Dongguan, China
Tel: 86-25-84677942
Email: zhunsun@njsuntex.com
graceyan@njsuntex.com

Pt. Mondrian                         Trade Payable      $3,890,112
Gunawan Sutanto
JL. KH. Hasyim Asari By Pass No. 171
Srogo, Mojayan, Klaten Tengah
Kabupaten Klaten
Jawa Tengah, 57416
Indonesia
Tel: +62 272 232181
Email: gunawan@mondrian.co.id

Weihai Reap International            Trade Payable      $3,754,344
Trading Co. Ltd.
Alan Yang
Daisy Sun
16F, Jiahe International Mansion
No. 55, South Haibin Road
Weihai, Shandong, 264200
China
Tel: 86-631-5961737
Email: alan_yang@whreap.com
daisy_sun@whreap.com

Pao Yuan Garments Corp.             Trade Payable       $3,703,117
Henry Ho
Nicky T.
2F,3, Lane 616
Chung Shan Rd., Sec. 2,
Chungho City
New Taipei City
Taiwan
Tel: 886-2-22259090
Email: Henry@py.com.tw
nicky_t@py.com.tw

PT. Bina Busana Internusa           Trade Payable       $3,369,774
Toto Subianto
JL. Inspeksi Cakung Drain
KM 2 Semer Timur
Cakung Cilincing
North Jakarta, 14260
Indonesia
Tel: 62-21-44833077
Email: toto.subianto@bbigarment.co.id

Panwin Designs Limited              Trade Payable       $3,241,312
Mohammad Mohsen
CS-576, Baniarchala, Pantax More
P.O. Bhabanipur, P.S. Gazipur
Sadar, Safari Park Rd 1740
Bangladesh
Tel: +88 01713450819
Email: mohsen@panwin.org

KG Fashion Co. Ltd.                 Trade Payable       $3,208,388
James Jung
39-8 Samseong-Dong
Ganghan-Gu
Seoul, Korea
Tel: (82)-2-546-2536
Email: jamesjung@kgfashion.com

General Lion Footwear Intl Ltd.     Trade Payable       $3,092,991
Eddie Lau
Minsa Tang
Pat Kan
1 Expo Drive
Wanchai
Hong Kong
Tel: 852-2173-1103
Email: eddielau@glfhk.com.hk
minsa@glfhk.com.hk
pat@glfhk.com.hk

Li & Fung                               Expense         $3,065,070
Robert Schmidt
David Fisher
Marc Compagnon
Lifung Tower
11th Floor
888 Cheung Sha Wan Road
Kowloon
Hong Kong
Tel: 212-715-9527
Fax: 212-715-8000
Email: RSchmidt@KRAMERLEVIN.com
DFisher@KRAMERLEVIN.com
marccompagnon@lifung.com

AFA Sourcing Limited                Trade Payable       $3,000,644
Michael
Rm 3116-18 31/F
1 Hung To Rd
Kwun Tong
Hong Kong
Tel: 852-39065777
Email: michael.kule@afasourcing.com

Simon Property Group                     Rent           $2,632,171
Pervis Bearden, Jamie Christman
225 West Washington Street
Indianapolis, IA 46204
Tel: 317-263-7608
     317-989-8988
Email: pbearden@simon.com
jchristman@simon.com

Jubilee Tex                         Trade Payable       $2,625,142
Mr. Balu
Radakrishnan Nagar, Kumarswami
Nagar
Picham Palayam Puthur, Tiruppur
Tamil Nadu, 641603
India
Tel: +91 421 2471720
Email: balu@jubileetex.net

Next Collections Ltd.               Trade Payable       $2,583,902
Mr. Azad
Mouza - Diya Khali
1323-1325 Beron Savar
Dhaka
Bangladesh
Tel: 880-02-9897848
Email: azad@hameemgroup.com

Bunzl PLC                               Expense         $2,182,350
Paul Luxem
7351 Boone Ave N
Brooklyn Park, MN 55428-1007
Tel: 614-670-1816
Email: pluxem@ddsjit.com

Xiamen Welleast Co. Ltd.            Trade Payable       $2,163,866
Alex Chai
Nanch Zeng
29/F, Lixin Square
No.90, Hubin South Road
Siming Road, Xiamen
Fujian, 361003
China
Tel: 86-13532830918
Email: alex@welleast.com.cn
nancy@welleast.com.cn
alison@welleast.com.cn

Zhangjiagang Dongdu Textile        Trade Payable        $2,108,357
Ge Hui Hua
398 Chang'an Road
Yangshe Town
Zhangjiagang, 215600
China
Tel: 0512-58224515
Email: ghh@ddtextile.com
mxh@ddtextile.com

Yumark Enterprises Corp.            Trade Payable       $2,053,052
Allen Fu
Fanny Cheng
Sec2 Tunghwa S Rd, 14F No. 67
Ta An Chu
Taiwan
Tel: 886 2 27003435
Email: Allen@yumark.com.tw
fanny@yumark.com.tw

Great Lakes Woodworking Co, Inc.       Expense          $1,728,759
Bill Walsh, Brenda Tonmblin
11345 Mound Road
Detroit, MI 48212
Tel: 313-892-8503
Email: bwalsh@glwdetroit.com
btonmblin@glwdetroit.com

Pro-Hot Enterprise Co. Ltd.          Trade Payable      $1,687,169
Echo Liao
4th Floor, No. 12, Lane 181, Section 2
Jui Zong Road, Nei Hu District
Taipei, 11494
Taiwan
Tel: 886-2-2799-5848
Email: Echo@prohot-tp.com

Glory Industries Ltd.                 Trade Payable     $1,548,073
Ms. Tajrina Mannan
12 Senang Crescent
Singapore, 416586
Singapore
Tel: 88-01966673294
Fax: 64420442
Email: tajrinamannan@gmail.com

Pt. Dan Liris                         Trade Payable     $1,505,904
Amumpuni
Kelurahan Banaran
Kecamatan Drogol
Kabupaten Sukoharjo, Central Java
57193
Indonesia
Tel: 62 271 714 400 ext 237
Email: amumpuni@danliris.com

Textiles Camones S.A.                 Trade Payable     $1,473,067
Carlos Camones
Peru, AV Sta Josefina
Puente Piedra
Peru
Tel: (511) 411-2970 ext 502
Fax: 511 548 0005
Email: ccgv@textilescamones.com

Tooku Trading Corporation Ltd.        Trade Payable     $1,389,603
Greg
Unit 1305 13F Prosperity Place
6 Shing YIP Street
Kwun Tong
Hong Kong
Tel: 13515253361
Email: greggruber@jdunited.com

Qingdao Yijia Inter-Com Co. Ltd.      Trade Payable     $1,297,520
Mike Tian
Steven Ren
Room 829 830 Building A No.6
Hongkong Middle Road Shinan
Qingdao CN
Hong Kong
Tel: 13356855685
Email: mike@tang-buy.com
steven@tang-buy.com

Wing Forward Co., Ltd.                Trade Payable     $1,233,527

Sam Hui
Unit 8B, 4/F
Hilder Centre, 2 Sung Ping St.
Hunghom
Hong Kong
Tel: 852 27660398
Email: kshui@earylfashion.com

Glider Co. Ltd.                       Trade Payable     $1,218,187
Kathleen Wang
Wyne Sund
10643 4F, No.222, Sec.2 Jinshan S. Rd.
Taipei
Taiwan (R.O.C.)
Tel: 886-2-2321-1885
Email: Kathleen.wang@glider.com.tw
Ahwen.sun@gymail.com

Nam Po Footwear Ltd.                  Trade Payable     $1,195,541
Karen
4/F, Gemmy Ld. Bldg
12 Hung To Rd
Kwun Tong, Kowloon
Hong Kong
Tel: 2389-0581
Fax: 86 757-866-5468
Email: karenmiao@nanbao1992.com

Top Rise Industrial Co. Ltd.          Trade Payable     $1,139,654
Katherine Lai
Virginia Choy
B 9/F, Hop Hing, Indusrial Building
704 Castle Peak
Kowloon
Hong Kong
Tel: 852 2744 7910
Email: Katherine@toprise-gmt-fty.com
virginia@toprise-gmt-fty.com

Winga Garment Factory                 Trade Payable     $1,093,653
Raymond Cheung
Jojo Chou
Unit 23-28A Profit Industrial
Building, 11/F, 1-15
Kwai Fung Crescent
Kwai Chung, New Territories
Hong Kong
Tel: (852) 2421-2127
Fax: 852-2489-1108
Email: raymond.cheung@winga.com.hk
jojo.chow@winga.com.hk

J.K. Knit Composite Ltd.             Trade Payable      $1,053,853
MD. Tanvir
Green Orlando (3rd & 4th Floor)
KA -42/4, Pragati Sarani
Baridhara, Dhaka 1229
Bangladesh
Tel: 88-02-7745500
Fax: 8419476
Email: tanvir@jkgroupbd.com

Springfield Garment Co. Ltd.         Trade Payable      $1,049,699
Mrs. Lekphong Chulphongsathorn
Ms. Somrak Pirapaladi Sai
33 SOI 33/1 Petchkasem Road
Bang Wa, Phasi Charoen
Bangkok, 10160
Thailand
Tel: 662-8688145-7
Email: lekphong@springfieldgarment.com
somrak@springfieldgarment.com

TA Trading Co., Ltd.                 Trade Payable        $992,969
Byung-Gil Ko
2F, 277-25, Sungsu 2GA
3 Dong
Sung Dong-Gu, Seoul
Korea
Tel: 82-2-6910-7709
Fax: 82-2-3436-7801
Email: bgko1@ta-trading.co.kr

Brookfield Property Partners              Rent            $977,843
Tory Benson, Jerry Mattioli
250 Vesey Street
15th Floor
New York, NY 10281
Tel: 312-960-5000
     312-960-5220
Fax: 212-417-7214
Email: tory.benson@brookfieldpropertiesretail.com
jerry.mattioli@brookfieldpropertiesretail.com

Cognizant Technology Solutions          Expense           $917,005
Roopesh Cuppala
500 Frank W. Burr Boulevard
Teane, CK, NJ 07666
Tel: 925-967-6168
Fax: 201-801-0243
Email: roopesh_cuppala@gymboree.com

TDX Tech                                Expense           $864,757
Kelly Bennewitz
5735 Old Shakopee Road W, Suite 100
Bloomington, MN 55437
Tel: 952-936-9280
Email: kbennewitz@tdxtech.com

Eastman Exports Global Clthg         Trade Payable        $749,699
Mr. Chandranan
5/591, Sri Lakshmi Nagar
Pitchapalayam Pudur
Tirupur, Tamilnadu 641 603
India
Tel: 91-421-4301234
Fax: 91-421-4301205
Email: nc@eastmanexports.com

Bigger Textile Holdings Ltd.         Trade Payable        $739,181
Ivan Wong
Rm D 6/F Gemstar TWR
23 Man Lok St
Hung Hom
Hong Kong
Tel: 852-2335-6568
Email: ivan@bigger.com.hk

Pt. Sansan Saudaratex Jaya           Trade Payable        $732,779
Budi Danubrata
Jalan Cibaligo No. 33
Cibeureum, Cimahi Sel
Kota Cimahi, Jawa Barat 40522
Indonesia
Tel: +62 22 6033-788
Fax: 62-22-6035004-6074802
Email: budi@ptsansan.co.id

Merit Tat International Ltd.         Trade Payable        $724,930
Robert Lok
RM H 5/F Tung Kin Fty Bldg
200-202 TSAT TSE Mui Rd
North Point
Hong Kong
Tel: 852-25633398
Fax: 852-28055071

Vijay Garments Limited               Trade Payable        $712,213
Mr. Sharan Reddy
Plot #D3(2)
MEPZ (Special Economic Zone)
Tambaram, Tamil Nadu
India
Tel: 98842 57691
Email: sharanredy@vijaygroup.org


H N HINCKLEY: Thompson Buying 2006 Ford Box Truck for $12K Cash
---------------------------------------------------------------
H N Hinckley & Sons, Inc., filed with the U.S. Bankruptcy Court for
the District of Massachusetts a notice of its proposed private sale
of a 2006 Ford Box Truck to Joe Thompson for $12,000, cash.

A hearing on the Motion is set for Feb. 20, 2019 at 11:30 a.m.  The
objection deadline is Feb. 6, 2018 at 4:30 p.m.

The sale will take place no later than 15 days after entry of an
order allowing the sale.  The terms of the proposed sale are more
particularly described in the Debtor's Motion for Order Authorizing
and Approving Private Sale of 2006 Truck filed with the Court on
Jan. 11, 2019.  A Copy of the Motion to Approve 2006 Truck Sale is
available upon request from the counsel for the Debtor.

The Truck will be sold subject to all existing liens, attachments,
and encumbrances.  The Debtor does not believe the Truck is subject
to any liens, attachments, or encumbrances.  To the extent a lien
is of record in favor of Martha's Vineyard Savings Bank, the
underlying obligation has been satisfied.  The Proposed Buyer will
be responsible for registration of the Trailer and for the payment
of all registration fees and sales tax.  The Proposed Buyer is
required to pay the balance of the purchase price, by certified
check or cashier's check, at closing.  

Through the Notice, higher offers for the Property are hereby
solicited.  Any higher offer for the Property must be in the amount
of at least $12,600.  Higher offers must be on all the same terms
and conditions provided in the Motion to Approve 2006 Truck Sale
and the Notice, other than purchase price.

If the sale is not completed by the buyer approved by the Court,
the Court, without further hearing, may approve the sale of the
Property to the next highest bidder.

The Purchaser:

          Joe Thompson
          P.O. Box 1570
          West Tisbury, MA

                      About H N Hinckley & Sons

H N Hinckley & Sons, Inc., headquartered in Vineyard Haven,
Massachusetts, is a dealer of building material and supplies.  H N
Hinckley & Sons filed a Chapter 11 petition (Bankr. D. Mass. Case
No. 18-10398) on Feb. 6, 2018.  In the petition signed by Wayne M.
Guyther III, president, the Debtor estimated assets and liabilities
at $1 million to $10 million.  The case is assigned to Judge Joan
N. Feeney.  The Debtor tapped Posternak Blankstein & Lund LLP as
its legal counsel and Schlossberg LLC as the special counsel.


HELIOS AND MATHESON: Yunxi Deng Stake at 0.04% as of Dec. 31
------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, Yunxi Deng reported that as of Dec. 31, 2018, he
beneficially owns 625,000 shares of common stock of Helios and
Matheson Analytics Inc., which represents 0.04% of the shares
outstanding.  The amount beneficially owned by the Reporting Person
is determined based on 1,668,207,926 shares of common stock
outstanding as of Dec. 5, 2018, as the Issuer reported in its Form
8-K filed with the SEC on Dec. 31, 2018.  A full-text copy of the
regulatory filing is available at no charge at:
https://is.gd/dH5P8L

                    About Helios and Matheson

Helios and Matheson Analytics Inc. -- http://www.hmny.com/-- is a
provider of information technology services and solutions, offering
a range of technology platforms focusing on big data, business
intelligence, and consumer-centric technology.  More recently, to
provide greater value to stockholders, the Company has sought to
expand its business primarily through acquisitions that leverage
its capabilities and expertise.  The Company is headquartered in
New York City, has an office in Miami Florida and has an office in
Bangalore India.  The Company's common stock is listed on The
Nasdaq Capital Market under the symbol "HMNY".

Helios and Matheson reported a net loss of $150.8 million for the
year ended Dec. 31, 2017, compared to a net loss of $7.38 million
for the year ended Dec. 31, 2016.  As of Sept. 30, 2018, Helios and
Matheson had $132.70 million in total assets, $60.62 million in
total liabilities, and $72.08 million in total stockholders'
equity.

The report from the Company's independent accounting firm Rosenberg
Rich Baker Berman, P.A., in Somerset, New Jersey, on the
consolidated financial statements for the year ended Dec. 31, 2017,
includes an explanatory paragraph stating that the Company has
suffered recurring losses from operations and negative cash flows
from operating activities.  This raises substantial doubt about the
Company's ability to continue as a going concern.


HOLBROOK SEARIGHT: Seeks Authorization to Use Cash Collateral
-------------------------------------------------------------
Holbrook Searight, LLC, and Seabrook Dental Laboratory, LLC, seeks
authorization from the U.S. Bankruptcy Court for the Western
District of Washington to cash collateral through April 30, 2019.

The Debtors intend to use cash collateral for the purpose of paying
ordinary and necessary business expenses, including a monthly
payment to Columbia State Bank in the amount of $8,000 per month,
retroactive from September, 2018 forward which will constitute a
partial interest payment on the obligation due Columbia State
Bank.

Seabrook Dental Laboratory is in the business of manufacturing
dental prosthetics as requested by dentists on behalf of their
patients, and Holbrook/Searight is a real estate holding company
renting its building located at 7125 224th Street SE, Mountlake
Terrace, Washington 98043 and certain items of personal property to
a single tenant, Seabrook Dental Laboratory pursuant to the terms
of a Rental Agreement. The Laboratory has agreed to pay the
Holbrook monthly rent of $9,375 per month which is the sole income
of Holbrook.

Seabrook Dental Laboratory believes there are 4 parties with
potential secured interest in its cash collateral: (i) Columbia
State Bank, (ii) APZB Industries aka Can Capital, (iii) World
Business Lenders, LLC, and (iv) Global Funding Experts, LLC. While
these Potential Secured Parties appear to hold blanket liens on the
assets of Seabrook Dental Laboratory, the Debtors believe that it
is in the best interest the all of the Potential Secured Parties
that the Laboratory be granted authority to use its cash collateral
to pay its ordinary and necessary expenses including a monthly
payment for real property taxes that have come due since the
petition date.

The Debtors assert that payment of ordinary and necessary expenses
by Seabrook Dental Laboratory without making a direct payment to
the Potential Secured Parties is in the best interest of secured
parties as the value of the business will likely be maximized by
the continued and uninterrupted operation of the business
enterprise and will likely increase the return to the parties in
the event of a sale of the going concern.

A search of the records of Snohomish County reveals 2 creditors
with a potential interest in the cash collateral rents of Holbrook
Searight LLC by virtue of a filed Deed of Trust and a Mortgage.
Specifically, a Deed of Trust in favor of (i) Columbia State Bank;
and (ii) World Business Lenders, LLC, encumbering commercial
property owned by Holbrook Searight, LLC located at 7125 224th St.
SW, Mountlake Terrace, Washington, and providing for an assignment
of rents.

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

           http://bankrupt.com/misc/wawb18-13499-130.pdf

                    About Holbrook/Searight

Seabrook Dental Laboratory, LLC --
https://www.seabrookdentallab.com/ -- is an independent, full
service dental laboratory in Edmonds, Washington.  Seabrook Dental
offers the newest technology and dental prosthetic solutions to
dentist clients.

Seabrook Dental Laboratory filed for Chapter 11 bankruptcy
protection (Bankr. W.D. Wash. Case No. 18-13499) on Sept. 6, 2018.
In the petition signed by Timothy R. Holbrook, managing member, the
Debtor estimated its assets and liabilities at between $1 million
and $10 million.  Judge Christopher M. Alston oversees the case.
Thomas D. Neeleman, Esq., at Neeleman Law Group, P.C., serves as
the Debtor's bankruptcy counsel.  No official committee of
unsecured creditors has been appointed in the Chapter 11 case.


HORNBLOWER SUB: S&P Assigns 'B+' Rating on $42.5MM Term Loan B-1
----------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '2'
recovery rating to San Francisco-based cruise vessel operators
Hornblower Sub LLC and American Queen Sub LLC's $42.5 million
incremental term loan B-1 due 2020. The '2' recovery rating
indicates S&P's expectation for substantial recovery (70% to 90%;
rounded estimate: 70%) for lenders in the event of a payment
default. Hornblower Sub LLC and American Queen Sub LLC are direct
subsidiaries of Hornblower HoldCo LLC and are the borrowers under
the credit facility.

Hornblower used the proceeds from the incremental term loan, along
with cash on hand, to fund the acquisition of two vessels, the
Victory I and Victory II, to add to its American Queen overnight
cruise segment. The acquisition of these vessels provides American
Queen the ability to service new markets, including the Great Lakes
region. S&P said, "In our view, the addition of these vessels to
the portfolio supports a higher assumed emergence valuation and
this increased valuation largely offsets the additional term loan B
debt in our simulated hypothetical default scenario. In our
simulated default scenario, we assume the maturity on the
incremental term loan is extended to the year of default. However,
we believe the company will have sufficient liquidity to repay this
short-dated maturity through revolver availability, cash flow
generation and cash proceeds we expect it will receive from the
sale of its NYC ferry vessels to NYC, which is permitted through a
put/call option with the New York City Economic Development Corp."


S&P said, "The acquisition of the two ships is modestly leveraging,
although Hornblower has sufficient cushion to absorb the additional
debt under our base-case forecast. Pro forma for the acquisition,
we expect Hornblower's leverage to remain in the low- to mid-4x
area in 2019, compared with our previous expectation that leverage
would improve to 4x. In addition, the National Park Service
recently announced the award of a new 15-year concession contract
for Alcatraz to Hornblower effective May 2019, which reduces the
risk of near-term concession expirations. Hornblower's Statue of
Liberty concession expires in September 2019, and we expect a
tender process will commence this year for a new concession. We
expect the company's leverage in 2019 will be below our 5x upgrade
threshold, however we are unlikely to raise the rating until we
have greater clarity regarding the Statue of Liberty concession.
Additionally, we would want to be confident that Hornblower's
financial sponsor owner would allow the company to sustain adjusted
debt to EBITDA below 5x, primarily because financial sponsors
frequently engage in debt-financed acquisitions or shareholder
returns over time."

Key analytical factors:

-- S&P's recovery ratings on Hornblower's senior secured debt
remain '2' despite the incremental term loan.

-- S&P said, "We assume that in an event of default, Hornblower
would reorganize as a going concern. Our simulated default scenario
assumes a default in 2022 driven by the loss of key concession
agreements, along with a period of prolonged economic weakness that
meaningfully weakens tourism, or an unexpected weather-related
event that results in service disruptions over an extended period
of time."

-- Hornblower's domestic subsidiaries and a 65% pledge of stock of
Hornblower's foreign subsidiary in Canada guarantee the credit
facility. The Canadian subsidiary holds the company's Niagara
operations, which represent around 20% of EBITDA. It is S&P's
understanding, however, that Hornblower's Canadian subsidiary does
not have any debt, and therefore it believes all of this entity's
value would ultimately be available to satisfy secured claims under
the credit facility.

-- S&P assumes Hornblower's $60 million revolver is 85% drawn at
the time of default.

Simplified waterfall:

-- Emergence EBITDA: $52 million
-- EBITDA multiple: 6.0x
-- Gross recovery value: $315 million
-- Net recovery value after administrative expenses (5%): $299
million
-- Obligor/nonobligor valuation split: 77%/23%
-- Value available from obligor and 65% stock pledge of
nonobligor: $275 million
-- Additional value available from nonobligor: $24 million
-- Total value available for secured debt: $299 million
-- Estimated secured debt at default: $426 million
-- Recovery range: 70% to 90% (rounded estimate: 70%)
All debt amounts include six months of prepetition interest.

  RATINGS LIST
  Hornblower HoldCo LLC
  Issuer Credit Rating                         B/Stable/--

  New Rating
  Hornblower Sub LLC American Queen Sub LLC    $42.5M
     senior secured term loan B-1 due 2020     B+
   Recovery rating                             2 (70%)



HOVNANIAN ENTERPRISES: Issues $25 Million Notes to GSO Capital
--------------------------------------------------------------
K. Hovnanian Enterprises, Inc., a wholly owned subsidiary of
Hovnanian Enterprises, Inc., has completed its previously announced
private placement issuance of $25,000,000 aggregate principal
amount of 10.500% Senior Secured Notes due 2024 to GSO Capital
Partners LP or one or more funds managed or advised by it, pursuant
to a Note Purchase Agreement, dated Jan. 15, 2019, among K.
Hovnanian, Hovnanian, as a guarantor, the subsidiary guarantors
party thereto and the Purchasers.  The Additional Notes were issued
as additional notes of the same series as the $400,000,000
aggregate principal amount of 10.500% Senior Secured Notes due 2024
issued by K. Hovnanian on July 27, 2017.

In connection with the sale of the Additional Notes, K. Hovnanian,
Hovnanian, the Notes Subsidiary Guarantors and Wilmington Trust,
National Association, as trustee and as collateral agent, entered
into a Seventh Supplemental Indenture, to the Indenture, dated as
of July 27, 2017 among K. Hovnanian, Hovnanian, the subsidiary
guarantors, the Trustee and the Collateral Agent.
  
The Notes and the guarantees thereof are secured by pari passu
liens with K. Hovnanian's 10.000% Senior Secured Notes due 2022 on
substantially all the assets of K. Hovnanian, Hovnanian and the
Notes Subsidiary Guarantors, subject to permitted liens and certain
exceptions.  The liens securing the Notes rank junior to the liens
securing K. Hovnanian's $125.0 million senior secured revolving
loan credit facility and any other future secured obligations that
are senior in priority with respect to the assets securing the
Notes.
  
The Notes bear interest at 10.500% per annum and mature on
July 15, 2024.  Interest on the Notes is payable semi-annually on
January 15 and July 15 of each year, beginning (in the case of the
Additional Notes) on July 15, 2019, to holders of record at the
close of business on January 1 or July 1, as the case may be,
immediately preceding each such interest payment date.
  
The Indenture contains restrictive covenants that limit, among
other things, the ability of Hovnanian and certain of its
subsidiaries, including K. Hovnanian, to incur additional
indebtedness, pay dividends and make distributions on common and
preferred stock, repurchase subordinated indebtedness and common
and preferred stock, make other restricted payments (including
investments), sell certain assets (including in certain land
banking transactions), incur liens, consolidate, merge, sell or
otherwise dispose of all or substantially all of their assets and
enter into certain transactions with affiliates.  The Indenture
also contains customary events of default which would permit the
holders of the Notes to declare those Notes to be immediately due
and payable if not cured within applicable grace periods, including
the failure to make timely payments on the Notes or other material
indebtedness, the failure to satisfy covenants, the failure of the
documents granting security for the Notes to be in full force and
effect, the failure of the liens on any material portion of the
collateral securing the Notes to be valid and perfected and
specified events of bankruptcy and insolvency.
  
In connection with the issuance of the Additional Notes and
execution of the Seventh Supplemental Indenture, (i) K. Hovnanian,
Hovnanian, the Notes Subsidiary Guarantors, the Collateral Agent,
the Trustee, Wilmington Trust, National Association, in its
capacity as Junior Joint Collateral Agent, Wilmington Trust,
National Association, in its capacity as Revolving Loan Agent, and
Wilmington Trust, National Association, in its capacity as Mortgage
Tax Collateral Agent, entered into a Confirmation and
Acknowledgement, pursuant to which the parties acknowledged that
the Notes constitute "Secured Notes" and "Junior Claims" and the
holders of the Notes constitute "Noteholders" and "Junior
Creditors", for all purposes under the Amended and Restated
Intercreditor Agreement and Mortgage Tax Collateral Agency
Agreement which, among other agreements, govern the relationship
between certain parties holding K. Hovnanian's secured debt,
including the Notes; and (ii) K. Hovnanian, Hovnanian, the Notes
Subsidiary Guarantors, the Collateral Agent and the Junior Joint
Collateral Agent entered into the Confirmation and Acknowledgement
(Collateral Agency Agreement), dated Jan. 15, 2019, pursuant to
which the parties acknowledged that the Notes constitute "Secured
Notes" and the holders of the Notes constitute "Secured Noteholder
Parties" for all purposes under the Collateral Agency Agreement,
dated as of July 27, 2017, as amended, restated, supplemented or
otherwise modified from time to time, pursuant to which Wilmington
Trust, National Association, was appointed joint collateral agent
for the secured parties with respect to the Notes and the secured
parties with respect to the 2022 Notes.

               About Hovnanian Enterprises

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian
and headquartered in Matawan, New Jersey, designs, constructs,
markets, and sells single-family detached homes, attached townhomes
and condominiums, urban infill, and active lifestyle homes in
planned residential developments.  The Company is a homebuilder
with operations in Arizona, California, Delaware, Florida, Georgia,
Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina,
Texas, Virginia, Washington, D.C. and West Virginia.  The Company's
homes are marketed and sold under the trade names K. Hovnanian
Homes, Brighton Homes.

Hovnanian Enterprises reported net income of $4.52 million for the
year ended Oct. 31, 2018, compared to a net loss of $332.19 million
for the year ended Oct. 31, 2017.  As of Oct. 31, 2018, the Company
had $1.66 billion in total assets, $2.11 billion in total
liabilities, and a total stockholders' deficit of $453.50 million.

                        *   *    *

In August 2018, Moody's Investors Service affirmed Hovnanian
Enterprises, Inc.'s ratings, including its Caa1 Corporate Family
Rating.  Moody's said the rating action reflects Moody's view that
the controversy surrounding the company's financing with interest
payment restrictions and related derivatives market considerations
appears to have been resolved and risks of potential near-term
default events have somewhat subsided.

As reported by the TCR on July 11, 2018, S&P Global Ratings raised
its corporate credit rating on Red Bank, N.J.-based Hovnanian
Enterprises to 'CCC+' from 'CC'.  The rating outlook is negative.
S&P said "The upgrade of Hovnanian reflects the conclusion of the
proposed exchange offering for any and all of its $440 million 10%
senior secured notes and $400 million 10.5% senior secured notes."

In June 2018, Fitch Ratings upgraded Hovnanian Enterprises' Issuer
Default Rating (IDR) to 'CCC' from 'C'.  The rating action follows
the company's announcement that it has cured the default associated
with the non-payment of interest that was due on May 1, 2018 on $26
million of 8% notes due 2019 held by K. Hovnanian at Sunrise Trail
III, LLC and the withdrawal of the exchange offer of the 10% and
10.5% notes for new 3% unsecured notes.


ICONIX BRAND: Has Until May 27 to Regain Nasdaq Compliance
----------------------------------------------------------
The Nasdaq Hearings Panel granted Iconix Brand Group, Inc.'s
request for continued listing of the Company's common stock on The
Nasdaq Global Select Market pursuant to an extension through May
27, 2019, subject to the condition that the Company regain
compliance with its Nasdaq listing rules by such date and provide
the Panel with certain interim progress reports.  If the Company
does not regain compliance with the Nasdaq listing rules by May 27,
2019 or, based on the Company's interim progress reports, the Panel
reconsiders the extension before then, Nasdaq will delist the
Company's common stock from the Nasdaq Global Select Market.

On Nov. 27, 2018, Iconix Brand received a written notice from
Nasdaq that the Company's common stock would be delisted from the
Nasdaq Global Select Market.  In accordance with Nasdaq's
procedures, the Company appealed the Nasdaq's determination by
requesting a hearing before a Nasdaq Hearings Panel to seek
continued listing, which stayed the delisting of the Company's
common stock.  The Hearing occurred on Jan. 10, 2019.

                     About Iconix Brand

Broadway, New York-based Iconix Brand Group, Inc. --
http://www.iconixbrand.com/-- is a brand management company and
owner of a diversified portfolio of over 30 global consumer brands
across the women's, men's, entertainment, home and international
segments.  The Company's business strategy is to maximize the value
of its brands primarily through strategic licenses and joint
venture partnerships around the world, as well as to grow the
portfolio of brands through strategic acquisitions.  Iconix Brand
owns, licenses and markets a portfolio of consumer brands
including: Candie's, Bongo, Joe Boxer, Rampage, Mudd, London Fog,
Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc
Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter,
Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee
Cooper, and Artful Dodger; and interests in Material Girl, Ed
Hardy, Truth or Dare, Modern Amusement, Buffalo, Hydraulic, and
PONY brands.  The Company licenses its brands to a network of
retailers and manufacturers.

Iconix Brand incurred a net loss attributable to the Company of
$489.3 million in 2017, a net loss attributable to the Company of
$252.1 million in 2016, and a net loss attributable to the Company
of $186.5 million in 2015.  As of Sept. 30, 2018, the Company had
$711.3 million in total assets, $751.6 million in total
liabilities, $34.64 million in redeemable non-controlling interest,
and a total stockholders' deficit of $74.90 million.

The Company stated in its 2017 Annual Report that due to certain
developments, including the decision by Target Corporation not to
renew the existing Mossimo license agreement following its
expiration in October 2018 and by Walmart, Inc., not to renew the
existing Danskin Now license agreement following its expiration in
January 2019, and the Company's revised forecasted future earnings,
the Company forecasted that it would unlikely be in compliance with
certain of its financial debt covenants in 2018 and that it may
otherwise face possible liquidity challenges in 2018.  The Company
said these factors raised substantial doubt about its ability to
continue as a going concern.  The Company's ability to continue as
a going concern is dependent on its ability to raise additional
capital and implement its business plan.


INPIXON: Has 4.2M Issued and Outstanding Shares of Common Stock
---------------------------------------------------------------
As of Jan. 18, 2019, Inpixon has issued and outstanding (i)
4,209,240 shares of common stock, par value $0.001 per share, (ii)
1 share of Series 4 Convertible Preferred Stock which is
convertible into 202 shares of Common Stock, and (iii) 3,251 shares
of Series 5 Convertible Preferred Stock which are convertible into
approximately 976,277 shares of Common Stock (subject to rounding
for fractional shares).

                        About Inpixon

Headquartered in Palo Alto, California, Inpixon is a technology
company that helps to secure, digitize and optimize any premises
with Indoor Positioning Analytics (IPA) for businesses and
governments in the connected world.  Inpixon Indoor Positioning
Analytics is based on new sensor technology that finds all
accessible cellular, Wi-Fi, Bluetooth and RFID signals anonymously.
Paired with a high-performance, data analytics platform, this
technology delivers visibility, security and business intelligence
on any commercial or government premises worldwide.  Inpixon's
products, infrastructure solutions and professional services group
help customers take advantage of mobile, big data, analytics and
the Internet of Things (IoT).

Inpixon reported a net loss of $35.03 million for the year ended
Dec. 31, 2017, compared to a net loss of $27.50 million for the
year ended Dec. 31, 2016.  As of Sept. 30, 2018, Inpixon had $12.99
million in total assets, $3.96 million in total liabilities and
$9.02 million in total stockholders' equity.

Marcum LLP, in New York, the Company's auditor since 2012, issued a
"going concern" opinion in its report on the Company's consolidated
financial statements for the year ended Dec. 31, 2017, citing that
the Company has a significant working capital deficiency, has
incurred significant losses and needs to raise additional funds to
meet its obligations and sustain its operations.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.

                    Nasdaq Noncompliance

Inpixon received a letter from the Listing Qualifications Staff of
The Nasdaq Stock Market LLC on May 17, 2018, indicating that, based
upon the closing bid price of the Company's common stock for the
last 30 consecutive business days beginning on April 5, 2018 and
ending on May 16, 2018, the Company no longer meets the requirement
to maintain a minimum bid price of $1 per share, as set forth in
Nasdaq Listing Rule 5550(a)(2).


IOTA COMMUNICATIONS: Successfully Completes Tender Offer
--------------------------------------------------------
Iota Communications, Inc., successfully completed on Jan. 11, 2019,
a tender offer to its class of Warrants to purchase Common Stock
with an exercise price of $0.3753 issued between March 2018 and
July 2018.  Iota raised approximately $4,624,586 in gross cash
proceeds from the exercise of 12,322,368 Warrants as part of the
tender offer.  Participating investors will receive 14,786,844
shares of Common Stock by Feb. 15, 2019, but likely at an earlier
date.  Investors also received credits for 14,351,047 MHz-Pops to
be used to acquire new spectrum licenses.

Iota offered its existing Warrant holders the opportunity to
exercise their Warrants and receive up to 21,937,793 shares of
Iota's common stock, a 20% bonus.  Approximately 81% of the
Company's outstanding Warrants were exercised in the tender offer.

Net proceeds are anticipated to be approximately $4,114,589 after
deducting solicitation agent fees and other offering expenses and
are expected to primarily be used for expanding Iota's IoT network
business in addition to other general working capital purposes.

Barclay Knapp, Iota's Chairman and chief executive officer
commented, "We are very pleased with the results of our Tender
Offer, and want to thank all of our Warrant holders for their
consideration and support.  This offering is expected to improve
our shareholders equity and reduce our warrant overhang as we
prepare for our uplisting to a major exchange.  The approximate
$4.1 million in proceeds will primarily be used to accelerate the
development of our new, nationwide wireless carrier network system
dedicated to IoT connectivity, in addition to other general working
capital purposes."

GP Nurmenkari, Inc. acted as the placement agent with respect to
the Tender Offer.

The complete terms of the tender offer were set forth in the Tender
Offer Statement on Schedule TO and related exhibits filed with the
Securities and Exchange Commission on Dec. 11, 2018, as amended.
Copies of the Schedule TO, the prospectus and other related
materials are available on the SEC's website, at www.sec.gov.

                     About Iota Communications

Newark, New Jersey-based Iota Communications, Inc., formerly known
as Solbright Group, Inc -- https://www.iotacommunications.com/ --
is a new, nationally-available, wireless carrier network system and
applications platform dedicated to the Internet of Things. Iota
sells recurring-revenue solutions that optimize energy usage,
sustainability and operations for commercial and industrial
facilities -- principally to Enterprise customers - both directly
and via third-party relationships.  Iota also offers important
ancillary products and services which facilitate the adoption of
its subscription-based services, including solar energy, LED
lighting, and HVAC implementation services.

Solbright reported a net loss of $15.80 million for the year ended
May 31, 2018, compared to a net loss of $3.34 million for the year
ended May 31, 2017.  As of Aug. 31, 2018, Solbright had $15.03
million in total assets, $6.38 million in total current
liabilities, and $8.64 million in total stockholders' equity.

The audit opinion included in the company's Annual Report on Form
10-K for the year ended May 31, 2018 contains a going concern
explanatory paragraph.  RBSM LLP, in New York, the Company's
auditor since 2016, stated that the Company has suffered recurring
losses from operations, will require additional capital to fund its
current operating plan, and has stated that substantial doubt
exists about the Company's ability to continue as a going concern.


J CREW GROUP: Millard Drexler Quits as Director and Chairman
------------------------------------------------------------
Millard S. Drexler has resigned from the Board of Directors of J.
Crew Group, Inc. and as Chairman of the Board, effective Jan. 18,
2019.  Mr. Drexler will continue to serve as a strategic advisor to
the Office of the CEO and the Board.  Mr. Drexler served as a
director of the Company and as Chairman of the Board since 2003 and
was the Company's chief executive officer from 2003 to July 2017.
Chad Leat has been appointed by the Board to succeed Mr. Drexler as
Chairman of the Board, also effective immediately.

                      About J.Crew Group

J.Crew Group, Inc. -- http://www.jcrew.com/-- is an
internationally recognized omni-channel retailer of women's, men's
and children's apparel, shoes and accessories.  As of Nov. 29,
2018, the Company operates 227 J.Crew retail stores, 127 Madewell
stores, jcrew.com, jcrewfactory.com, madewell.com, and 175 factory
stores (including 42 J.Crew Mercantile stores).

J.Crew Group incurred a net loss of $124.95 million for the year
ended Feb. 3, 2018, compared to a net loss of $23.51 million for
the year ended Jan. 28, 2017.  As of Nov. 3, 2018, J.Crew Group had
$1.39 billion in total assets, $2.58 billion in total liabilities,
and a total stockholders' deficit of $1.19 billion.


JIT INDUSTRIES: Discloses Procedures on New Value Contribution
--------------------------------------------------------------
JIT Industries, Inc., filed a second amended Chapter 11 plan and
accompaying disclosure statement to provide additional language on
the Absolute Priority Rule and procedures for determination and
contribution of new value under the Plan.

The equity security holders' offer of $1,000.00 as new value is
based upon the following:
the Debtor is currently insolvent; should the Debtor liquidate,
allowed secured creditors could expect a payout of approximately
14% of their allowed claims; no property or residual interests
would remain following liquidation; and equity security holders
would expect to receive no return from the liquidation.

Further, pursuant to the terms of the Plan and the Debtor's
projected financials, the Debtor projects to remain insolvent until
the completion of its 60-month payment plan in its the plan of
reorganization. The Debtor does not expect to pay any dividends
during this 5-year period. Thus, any purchaser of the Debtor's
equity secured interest bears the possibility that its security
interest will have no value until five years after the Effective
Date.

While the Debtor proposes its Plan in good-faith and believes that
it can successfully reorganize, there is substantial risk in any
business investment for equity-security holders, especially for an
insolvent company attempting to reorganize.

Should parties other than the current owners desire to submit
competing offers to purchase
the Debtor Company, those offers will be subject to the following
terms and conditions:

   a. Should any bids be received by the Estate, an auction will be
conducted at the
law offices of SPARKMAN, SHEPARD & MORRIS, P.C., 303 Williams
Avenue Suite 1411, Huntsville, Alabama, 35801 on the last business
day prior to the day of the Effective Date at 11:00 A.M.

   b. In order to participate in the Auction, a competing bidder
must:

      (1) Present to the Estate's attorney at least (3) business
days prior to the Auction Date with appropriate evidence of its
financial ability to consummate a contract should such party be the
successful bidder at the Auction;

      (2) At least three (3) business days prior to the Auction
Date pay an earnest money deposit of $1,000.00 to the Estate or
suitable escrow agent.

   c. The Estate will serve notice of competing bids on all parties
requesting such
notice, including all qualified bidders.

   d. The Estate may accept one or more back-up offers at the
conclusion of the Auction.

   e. Failure to comply with the Bidding Procedures will result in
the disqualification of any competing bidder.

   f. Should the Estate receive no qualifying bids prior to the
Auction Date, the Estate will cancel the auction. Accordingly, then
the Estate accept the Equity Security Holders' present offer of new
value.

Class 2 - General Unsecured Claims are impaired. The Debtor will
start making monthly payments of $3,000.00, split on a pro-rata
basis between all creditors in this Class ($1,100,000.00 in
estimated claims in this Class), until the sum of 20% of the total
allowed claims in this Class are paid. Thereafter, any remaining
balance on the claims in this Class will be discharged. Payments to
creditors in class are estimated to last for
a term of 60 months.

Class 1 - Secured Claim (Hill/Hill/Overbee) are impaired. The
creditors in this class's allowed secured claim will be paid in
full over the course of a 60-month term with interest accruing at
the federal default judgment rate, with a standard amortization
schedule for the term. Except as otherwise provided, this creditor
will retain all security interests in any collateral. (Estimated
monthly payment of $1,700.00 for an allowed secured claim of
$100,000.00).

Class 3 - De Minimis Claim are impaired.  City of Huntsville's
claim totals $157.44, of which $107.44 is a priority claim and
$50.00 in general unsecured. As stated above, the Debtor will pay
the priority portion in full upon the Effective Date of the Plan.
Under Class 3, the Debtor will pay 20% of the general unsecured
portion of the City of Huntsville’s claim within ten days of the
Effective Date, whereupon the balance of this claim will be
discharged. (Total payment $117.44). The Internal Revenue Service's
general unsecured claim totals $3,120.00. The Debtor will pay 20%
of the allowed claim within ten days of the Effective Date,
whereupon the balance of this claim will be discharged. (Total
payment $624.00).

Class 4 - Interests of Equity Interest Holders in the Debtor are
impaired. Equity interest holders will retain their membership
interests in the Debtor and, in order to comply with the new value
exception to the absolute priority rule, will contribute the sum of
$1,000.00 to the Debtor entity by or before the Plan's Effective
Date.

The Debtor's normal cash flow and contributions of new value by
equity security holders shall be the sole source of funds for the
payments to creditors authorized by the U.S. Bankruptcy Court's
confirmation of this Plan. The Debtor reserves the right to sell
collateral for the purpose of providing some funding for the Plan
as the Debtor deems necessary.

A full-text copy of the Second Amended Disclosure Statement dated
December 27, 2018, is available at:

         http://bankrupt.com/misc/alnb18-1880892CRJ11-141.pdf

                     About JIT Industries

JIT Industries, Inc., a company based in Hartselle, Alabama,
manufactures, repairs and services fluid power, process control,
mil-spec fasteners and aerospace hardware.

JIT Industries sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ala. Case No. 18-80892) on March 23, 2018.  In
the petition signed by Ginger McComb, president, the Debtor
estimated assets of less than $500,000 and liabilities of $1
million to $10 million.  Judge Clifton R. Jessup Jr. presides over
the case.

The Debtor is represented by Tazewell T. Shepard, Esq., at
Sparkman, Shepard & Morris, P.C., in Huntsville, Alabama.


JOSEPHINE C. BELLO: Court Dismisses Suit vs Federal Defendants
--------------------------------------------------------------
Bankruptcy Judge Daniel S. Opperman granted the Defendants' motion
to dismiss the adversary proceeding captioned JOSEPHINE C. BELLO,
M.D., PLC, Plaintiff, v. ALEX AZAR, in his capacity as SECRETARY OF
THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES and
CENTERS FOR MEDICARE AND MEDICAID SERVICES, Defendants, Adversary
Proceeding Case No. 18-3042-dof (Bankr. E.D. Mich.).

The Plaintiff, Josephine C. Bello, M.D., PLC, filed the adversary
proceeding seeking the turnover of funds held by Defendants, Alex
Azar, the Secretary of the United States Department of Health and
Human Services, the Centers for Medicare and Medicaid Services, and
the Wisconsin Physicians Service by virtue of certain recoupment
rights claimed by Defendants. Defendants seek dismissal of
Plaintiff's complaint because the Court lacks jurisdiction in that
Plaintiff has not exhausted its administrative remedies. Plaintiff
argues the Court does have jurisdiction because of an exception.

The Court must determine whether it has jurisdiction to consider
Plaintiff's Complaint. Generally, as to district courts, Title 42,
Sections 405(g) and (h), govern court review of a provider's
request for reimbursement. Section 405(g) provides for federal
district court review only of a final decision of the Secretary
made after an administrative hearing.

The Sixth Circuit Court of Appeals has repeatedly dismissed actions
involving Medicare where a plaintiff has not yet exhausted its
administrative remedies.

However, a minority of courts have held that the statutory bar on
federal jurisdiction over unexhausted Medicare disputes does not
apply to bankruptcy court jurisdiction under 28 U.S.C. section
1334, reasoning the plain language of section 405(h) expressly bars
only section 1331 and section 1346 jurisdiction over unexhausted
Medicare disputes. The Nurses' Registry Court criticized the
majority view that, based on legislative history, the limitation to
section 1331 and section 1346 contained in section 405(h) is the
result of a drafting or codification error. According to the
Nurses' Registry Court, the drafting error analysis fails because
the power of courts to correct apparent drafting errors is sharply
limited, and because, despite a congressional statement to the
contrary, the amendment that in part removed specific reference to
bankruptcy jurisdiction statute also contained substantive
amendments to Social Security and Medicare. In contrast, the
majority view is that the amendments removing the statute that
specifically referenced a bankruptcy court's jurisdiction was the
result of a drafting error.

While Plaintiff vigorously argues that this Court should adopt the
minority view and allow this case to continue, the Court adopts the
majority view endorsed by the Sixth Circuit Court of Appeals. While
the minority line of cases note that later revisions omitted
reference to bankruptcy court jurisdiction, the revisions also
state that Congress did not intend to effectuate any substantive
change. Absent a clear direction from Congress or the Sixth Circuit
Court of Appeals, the majority should be followed. Since the
Plaintiff has not exhausted its administrative remedies, this Court
does not have jurisdiction.

In sum, the Court lacks jurisdiction to hear unexhausted Medicare
disputes and no exception to this rule applies in this case. The
Court grants Defendants' motion to dismiss for this reason and does
not address the remaining issues raised by Defendants.

A copy of the Court's Opinion dated Dec. 20, 2018 is available at
https://bit.ly/2FuaV1o from Leagle.com.

Josephine C. Bello, M.D., PLC, Debtor In Possession, represented by
Steven J. Cohen -- cohen@wmllp.com -- & Michael D. Lieberman --
michael.lieberman@kirkland.com

                   About Josephine C. Bello

Josephine C. Bello, M.D., PLC. sought protection under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Mich. Case No. 18-30456) on
Feb. 27, 2018.  In the petition signed by Josephine C. Bello,
managing member, the Debtor estimated assets of less than $500,000
and liabilities of less than $1 million.  Daniel S. Oppmanflint
presides over the case.  The Debtor hired Lieberman, Gies & Cohen,
PLLC as its legal counsel, and Pro Accounting & Tax, PLC as its
accountant.


JOY ENTERPRISES: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Joy Enterprises, Inc.
          fdba Subway of Union Springs, Inc.
          fdba Subway of Headland, Inc.
        PO Box 1116
        Eufaula, AL 36072

Business Description: Joy Enterprises is a domestic corporation
                      that operates Subway restaurants in Alabama.

Chapter 11 Petition Date: January 17, 2019

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

Case No.: 19-10092

Judge: Hon. William R. Sawyer

Debtor's Counsel: Collier H. Espy, Jr., Esq.
                  ESPY, METCALF & ESPY, P.C.
                  P.O. Drawer 6504
                  326 North Oates Street
                  Dothan, AL 36302-6504
                  Tel: 334-793-6288
                  E-mail: kc@espymetcalf.com

Total Assets: $384,617

Total Liabilities: $4,684,019

The petition was signed by Mark Joy, 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/almb19-10092.pdf


JUPITER RESOURCES: S&P Discontinues 'D' Issuer Credit Rating
------------------------------------------------------------
S&P Global Ratings discontinued its ratings, including the 'D'
issuer credit rating, on Calgary, Alta.-based exploration and
production company Jupiter Resources Inc.

On Oct. 1, 2018, S&P lowered its issuer credit and issue level
ratings on Jupiter to 'D' (default) from 'CCC+' after the company
missed an interest payment on its US$1.1 billion 8.5% senior
unsecured notes due 2022. Since then, the company completed a debt
recapitalization transaction, which resulted in elimination of all
rated debt outstanding.



KOFAX PARENT: S&P Assigns 'B' ICR Amid Nuance Communications Deal
-----------------------------------------------------------------
S&P Global Ratings noted that Kofax Parent Ltd. (Kofax), parent of
Kofax Inc., has entered into a definitive agreement to acquire
Nuance Communications' (NDI's) document imaging business for $400
million. Kofax will finance the acquisition with a $410 million
incremental first-lien term loan and a $20 million incremental
revolving credit facility, which will be undrawn at close. NDI's
revenues have declined in recent years due to customer losses and
other company-specific issues, but S&P expects it to stabilize
going forward, contributing to modest pro forma revenue growth for
Kofax.  S&P expects Kofax's adjusted leverage to be near 6x at
acquisition close, or about half a turn higher than its previous
expectation, declining to
the 5x area by fiscal 2019.

S&P is assigning its 'B' issuer credit rating to Kofax and affirms
its 'B' issue-level and '3' recovery ratings to the company's
first-lien credit facility consisting of the term loan and the
revolver. S&P also withdrew its rating on Kofax Inc.  

S&P said, "The rating primarily reflects our expectation that Kofax
Parent Ltd. (Kofax) will be able to stabilize Nuance
Communications' (NDI's) revenues, which had been declining in
recent years, contributing to overall low-single-digit top line
growth for the combined business. The NDI acquisition is sizeable,
increasing Kofax's scale by over 50% to nearly $600 million, but we
expect the company will be able to integrate the combined platforms
and generate steady free operating cash flow (FOCF) while
maintaining pro forma leverage near 6x area. We believe the company
has a good track record of managing through acquisitions and
carve-outs, further lending support to our stable outlook.

"The stable outlook on Kofax reflects better operating performance
and our expectation that the company will successfully integrate
NDI's business while achieving modest organic revenue and EBITDA
growth with good cash flow generation.

"We could lower our rating on Kofax if it can't stabilize NDI's
revenues or successfully integrate the combined business, leading
to adjusted leverage above 7x. We could also lower our rating if
the company's FOCF-to-debt ratio falls to the low-single-digit
percent area on a sustained basis.

"Although unlikely over the near term, we could raise our rating on
Kofax if it can achieve consistent mid-single-digit organic revenue
growth through greater demand for its digital transformation
platform. We would also need the company to commit to and sustain
leverage below 5x while maintaining an FOCF-to-debt ratio in the
high-single-digit percent area."



KRISTIN J. WRIGHT: H. Hart Bid to Exclude Sanchez Evidence Tossed
-----------------------------------------------------------------
On June 13, 2016, Plaintiff Hoyt Hart, a California attorney, filed
the action captioned HOYT HART, Plaintiff, v. SCOTT R. LARSON, et
al., Defendants, Case No. 3:16-cv-01460-BEN-MDD (S.D. Cal.) against
his former co-counsel Defendants Scott Larson P.C. and Scott
Larson, a Colorado attorney, as well as Larson's clients,
Defendants Marvin and Jo Ann Storm. Two claims remain: (1) Fraud
against Larson, and (2) Quantum Meruit against all Defendants. In
preparation for trial on Feb. 12, 2019, Hart filed two motions in
limine to exclude evidence.

Upon review, District Judge Roger T. Benitez denies Hart's first
motion in limine (Sanchez v. Hart judgment) but grants the second
motion in limine (Hart's wife's chapter 11 filing).

Hart contends the Sanchez case and judgment should be excluded to
avoid "prejudicial jury confusion." The Court may exclude evidence
admissible under Rule 608 "if its probative value is substantially
outweighed by a danger of . . . unfair prejudice, confusing the
issues, misleading the jury, undue delay, wasting time, or
needlessly presenting cumulative evidence." The allegations and
resulting judgment in Sanchez describe Hart's fraudulent conduct
and thus, are relevant to Hart's character for truthfulness.
Meanwhile, Hart does not identify any specific prejudice, unfair or
otherwise, that would result from the introduction of this highly
probative evidence, claiming only that "jurors might believe that
the Sanchez case and/or judgment somehow matter negatively as to
their assessment of Hart's conduct in this case." The Court is
confident that the jury will be capable of distinguishing between
Hart's misconduct in Sanchez and the issues at stake in the present
action. Accordingly, the Court cannot find this evidence, though
prejudicial to Hart, is unfairly prejudicial or that the risk of
unfair prejudice outweighs the evidence's probative value. Thus,
for the previous reasons, evidence of Hart's conduct in Sanchez,
including the judgment entered against him, may be admissible, if
offered at trial. The motion is denied.

Hart also moves to exclude any mention of the Chapter 11 bankruptcy
filed by his wife, Kristin Wright, which he contends is irrelevant
and would result in "prejudicial jury confusion." Defendants
respond that the bankruptcy filing is entirely relevant because (1)
should Hart prevail, any damages awarded in his case will become
part of the bankruptcy estate and used to pay creditors, and (2)
should Defendants prevail, the bankruptcy estate will likely object
on the grounds that Hart lacked standing to pursue the case without
the bankruptcy court's involvement. These hypotheticals, however,
do not show how Hart's wife's bankruptcy filing is a "fact . . . of
consequence in determining the action, or "has any tendency to make
a fact more or less probable."

Defendants argue the bankruptcy filings contain information about
the "value, operations, and profitability" of Hart's law practice,
which is relevant to Hart's quantum meruit claim for the reasonable
value of his services. Specifically, the bankruptcy filings'
inclusion of information about Hart's law practice, experience
level, and income earned over the years may be relevant to
determining Hart's reasonable hourly rate. Although Defendants are
correct that this evidence may have some relevance, albeit slight,
the probative value of that evidence is substantially outweighed by
the risks of unfair prejudice to Hart, confusion of the issues, and
misleading the jury. Indeed, the jury is likely to be confused by
evidence going to Hart's wife's Chapter 11 bankruptcy and
associated filings, including how that evidence relates to the
jury's credibility determinations and ultimate findings. Further,
Hart's wife is not a party to this action, and her bankruptcy
filing has little, if anything, to do with the claims in this
lawsuit. Accordingly, because these risks substantially outweigh
the evidence's nominal probative value, the motion is granted.

A copy of the Court's Order dated Dec. 17, 2018 is available at
https://bit.ly/2D8jcq9 from Leagle.com.

Hoyt Hart, Plaintiff, represented by William R. Fuhrman, Law
Offices of William Robert Fuhrman.

Scott R. Larson, Scott R. Larson, P.C., Marvin Storm, DVM & Jo Ann
Storm, Defendants, represented by James R. Lance  --
jlance@noonanlance.com -- Noonan Lance Boyer & Banach, LLP, Micaela
P.S. Banach -- mbanach@noonanlance.com -- Noonan Lance Boyer &
Banach, LLP & Olga Yuriyevna Bryan -- obryan@noonanlance.com --
Noonan Lance Boyer & Banach, LLP.

George Sanchez, Miscellaneous Party, represented by Daniel J.
Williams, Law Offices of Daniel J. Williams.

                          About Kristin Wright

Kristin J. Wright filed for chapter 11 bankruptcy protection
(Bankr. S.D. Cal. Case No. 18-02122) on April 8, 2018, and is
represented by Antoinette E. Freeburg, Esq. of Freeburg Law Firm,
LPA.


LA TRINIDAD: Jan. 29 Hearing on Disclosure Statement
----------------------------------------------------
A hearing on approval of disclosure statement explaining La
Trinidad Elderly LP SE's Chapter 11 plan of reorganization is
scheduled for January 29, 2019 at 3:00 PM.

Objections to the form and content of the disclosure statement
should be in writing and filed less than fourteen (14) days prior
to the hearing.

Class 3 - General Unsecured Creditors.  Those who filed a proof of
claim and those secured creditors, who after the Debtor's efforts
have agreed to be considered part of their claim as unsecured, are
included in this class. The debt under this class has been
estimated by the Debtor in the amount of $1,200,000.  This class
will be paid in cash and in full on the later of (a) the Effective
Date of the Plan or (b) the Entry of a Court Order authorizing the
disbursement of sales proceeds realized upon transfer of the
property on the terms detailed in the Plan of Reorganization.

Class 5 - Loiza Ponce Holdings, LLC are impaired. This class is
comprised by the amounts claimed by Loiza Ponce, LLC.  The Debtor
schedules this creditor in the amount of $3,677,104 and classified
this as a disputed claim pending against this estate.  The Debtor
schedules and classified this creditor as a disputed claim which is
contested by way of the adversary proceeding filed by the Debtor on
December 5, 2018.  Any dividend to this class will only after the
entry of a final Judgment to be entered by the Honorable Court and
in accordance with the distribution provisions contained in the
Plan of Reorganization.

The Debtor will have sufficient funds to make all payments due
under this Plan. Upon Order to be entered by the Honorable Court
upon a Motion for Sale of Property to be filed, the Debtor will
complete an orderly transfer of the real property, the operations
and the existing rental agreements to a qualified operator subject
to the liens and restrictive covenants imposed by "PRHFA". With the
sales proceeds obtained from the sale, the Debtor will provide lump
sum payments for all classes to which the Plan proposes a payment
distribution.

A full-text copy of the Disclosure Statement dated December 24,
2018, is available at:

         http://bankrupt.com/misc/prb18-1805549ESL11-84.pdf

              About La Trinidad Elderly LP SE

La Trinidad Elderly LP SE is a privately-held company in San Juan,
Puerto Rico, engaged in activities related to real estate.

La Trinidad Elderly sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.P.R. Case No. 18-05549) on Sept. 25,
2018.  In the petition signed by Jorge A. Rios Pulperio, president
and managing partner, the Debtor disclosed that it had estimated
assets of $1 million to $10 million and liabilities of $10 million
to $50 million.  Judge Brian K. Tester presides over the case.


LAKESHORE FARMS: Feb. 21 Plan and Disclosure Statement Hearing Set
------------------------------------------------------------------
Bankruptcy Judge Brian T. Fenimore conditionally approved Lakeshore
Farms, Inc.'s disclosure statement with regard to its proposed
chapter 11 plan.

Feb. 21, 2019 at 10:00 AM is fixed for the hearing on final
approval of the disclosure statement and for the hearing on
confirmation of the plan related matters at US Courthouse,
Courtroom 6B 400 E. 9th St. Kansas City, MO 64106.

Feb. 14, 2019 is the deadline for filing with the Court objections
to the disclosure statement or plan confirmation and submitting to
counsel for the plan proponent ballots accepting or rejecting the
plan.

A full-text copy of the Disclosure Statement is available at
https://tinyurl.com/y87usa4a from PacerMonitor.com at no charge.

                    About Lakeshore Farms

Lakeshore Farms, Inc., is a privately held company in Forest City,
Missouri in the oilseed and grain farming industry.  Lakeshore
Farms filed a Chapter 11 petition (Bankr. W.D. Mo. Case No.
18-50077) on Feb. 28, 2018.  In the petition signed by Jonathan L.
Russell, president, the Debtor disclosed $8.52 million in total
assets and $5.57 million in total debt.  The case is assigned to
Judge Brian T. Fenimore.  The Debtor is represented by Joanne B.
Stutz of Evans & Mullinix, P.A.


LAS AMERICAS 74-75: Jan. 25 Hearing on Plan Confirmation
--------------------------------------------------------
Bankruptcy Judge Edward A. Godoy issued an order approving Las
Americas 74-75, Inc.'s disclosure statement referring to an amended
Plan filed on Nov. 12, 2018.

Objections, acceptances or rejections of the Plan may be filed in
writing by the holders of all claims. The term under Bankruptcy
Rule 2002(b) is shortened to 10 days, to expire on Jan. 22, 2019.

A hearing for the consideration of confirmation of the Plan and of
such objections as may be made to the confirmation of the Plan will
be held on Jan. 25, 2019 at 9:30 AM at the United States Bankruptcy
Court, Jose V. Toledo Federal Building and U.S. Courthouse, 300
Recinto Sur street, Courtroom #1, second floor, Old San Juan,
Puerto Rico.

The Troubled Company Reporter previously reported that under the
Plan, the total amount owed to general unsecured creditors, other
than owed by the Debtor to governmental units, is $9,422 and will
be paid in full without interest in a lump sum within two years
from effective date. The same terms will apply to payments for the
unsecured portion of the allowed claims of governmental units which
amounts to $25,759.

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

      http://bankrupt.com/misc/prb15-01527-318.pdf

                About Las Americas 74-75

Las Americas 74-75, Inc., was incorporated in 2004 by Porfirio
Guzman and Maria M. Benitez, and is the owner of certain real
estate property located at the Hato Rey Ward, in San Juan, Puerto
Rico, right next to the reorganized area of Plaza Las Americas. Las
Americas 74-75, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.P.R., Case No. 15-01527) on March 2,
2015.

The petition was signed by Omar Guzman Benitez, vice president. The
case is assigned to Judge Edward Godoy.

Las Americas 74-75 tapped Carmen Conde Torres, Esq., at C. Conde &
Associates, in San Juan, Puerto Rico, as counsel; and Albert
Tamarez Vasquez as accountant.

Las Americas disclosed total assets estimated at $21.2 million and
total debt estimated at $18.7 million.

No official committee of unsecured creditors has been appointed in
the case.


LEWIS FAMILY: Case Summary & 2 Unsecured Creditors
--------------------------------------------------
Debtor: Lewis Family Ft. Lauderdale Partnership, Ltd.
        P.O. Box 461060
        Fort Lauderdale, FL 33316

Business Description: Lewis Family Ft. Lauderdale Partnership is
                      a Single Asset Real Estate Debtor (as
                      defined in 11 U.S.C. Section 101(51B)).

Chapter 11 Petition Date: January 18, 2019

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Case No.: 19-10782

Judge: Hon. Raymond B. Ray

Debtor's Counsel: Robert C. Furr, Esq.
                  FURR & COHEN
                  2255 Glades Rd #301E
                  Boca Raton, FL 33431
                  Tel: (561) 395-0500
                  Fax: (561) 338-7532
                  Email: ltitus@furrcohen.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Stephen R. Lewis, president of Lewis
Ft. Lauderdale, Inc.

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

         http://bankrupt.com/misc/flsb19-10782.pdf


LEWIS FT. LAUDERDALE: Case Summary & 2 Unsecured Creditors
----------------------------------------------------------
Debtor: Lewis Ft. Lauderdale, Inc.
        P.O. Box 461060
        Fort Lauderdale, FL 33316

Business Description: Lewis Ft. Lauderdale, Inc. is a Single Asset
                      Real Estate Debtor (as defined in 11 U.S.C.
                      Section 101(51B)).

Chapter 11 Petition Date: January 18, 2019

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Case No.: 19-10779

Judge: Hon. Raymond B Ray

Debtor's Counsel: Robert C. Furr, Esq.
                  COHEN & FURR
                  2255 Glades Rd #301E
                  Boca Raton, FL 33431
                  Tel: (561) 395-0500
                  Fax: (561) 338-7532
                  E-mail: ltitus@furrcohen.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Stephen R. Lewis, president.

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

       http://bankrupt.com/misc/flsb19-10779.pdf


LUBY'S INC: Two Current Directors Will Step Down
------------------------------------------------
Luby's, Inc. announced changes to its Board of Directors as well as
its corporate governance policies.  As part of its commitment to
ongoing board refreshment, in 2019 the Company will add two new
independent directors to replace two incumbent directors, and the
Board will choose a new chair.

"Luby's has recently been engaged in in-depth discussions with many
of our shareholders, and based on the feedback we have received, we
have chosen to accelerate our plans to transform the Board and to
move forward with several corporate governance changes," said
Gasper Mir, III, Independent Chairman of Luby's. "With the planned
addition of these two new directors and the already-announced
addition of Twila Day to our slate of nominees for the 2019 Annual
Meeting of Shareholders, we will have three new independent
directors added to the Board this year - ensuring that we continue
to have the right mix of experience and skillsets, coupled with
fresh perspectives, to help steer the turnaround that is underway
at Luby's and create value for all shareholders.  As I am
approaching the Board's retirement age limit, I have also decided
to hand over the chairmanship to another independent director this
year.  The Board will choose a new chair in 2019."

Board Refreshment

The Board is searching for two new independent directors.  The
Company will solicit shareholder input throughout the director
identification process, with a focus on strong, hands-on restaurant
operating and turnaround experience.  The Board will appoint the
two new independent directors consistent with its existing thorough
review process.  At the time that each new independent director is
appointed to the Board, one incumbent director will retire.

Board Leadership Change

The Luby's Board will also elect a new independent Chairman of the
Board in 2019.  Gasper Mir, III, will remain on the Board as an
independent director.

Corporate Governance Changes

Based on feedback received from shareholders, the Board also
announced the following changes, all to be implemented following
the 2019 Annual Meeting:

   * Luby's will introduce a plurality voting standard for
     contested director elections moving forward.  For legal
     reasons, it is not possible to change the vote standard for
     the upcoming 2019 Annual Meeting.

   * In uncontested director elections, the Company will introduce
     a resignation policy, meaning that directors who do not
     receive a majority of the votes cast at the Annual Meeting
     will be required to tender their resignation.

Luby's recommends that shareholders vote FOR the election of ALL of
the Company's Board of Directors nominees on the WHITE proxy card.

                        About Luby's

Houston, Texas- based Luby's, Inc. (NYSE: LUB) --
http://www.lubysinc.com/-- operates 142 restaurants nationally as
of Nov. 7, 2018: 82 Luby's Cafeterias, 59 Fuddruckers, and 1
Cheeseburger in Paradise.  The Company is also the franchisor for
104 Fuddruckers franchise locations across the United States
(including Puerto Rico), Canada, Mexico, Panama, and Colombia.
Luby's Culinary Contract Services provides food service management
to 30 sites consisting of healthcare, higher education, sport
stadiums, and corporate dining locations.

Luby's reported a net loss of $33.56 million for the year ended
Aug. 29, 2018, compared to a net loss of $23.26 million for the
year ended Aug. 30, 2017.  As of Aug. 29, 2018, Luby's had $199.98
million in total assets, $87.36 million in total liabilities, and
$112.6 million in total shareholders' equity.

Grant Thornton LLP, in Houston, Texas, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Aug. 29, 2018, noting that the
Company sustained a net loss of approximately $33.6 million and net
cash used in operating activities of approximately $8.5 million.
The Company's term and revolving debt of approximately $39.5
million is due May 1, 2019.  The Company was in default of certain
debt covenants of its term and revolving credit agreements maturing
on May 1, 2019.  On Aug. 24, 2018, the lenders agreed to waive the
existing events of default resulting from any breach of certain
financial covenants or the limitation on maintenance capital
expenditures, in each case that may have occurred during the period
from and including May 9, 2018 until Aug. 24, 2018, and any related
events of default.  Additionally, the lenders agreed to waive the
requirements that the Company comply with certain financial
covenants until Dec. 31, 2018, at which time the Company will be in
default without an additional waiver or alternative financing.
These conditions, along with other matters, raise substantial doubt
about the Company's ability to continue as a going concern.


MANSFIELD BOAT: Allowed to Use Cash Collateral on Interim Basis
---------------------------------------------------------------
The Hon. Harlin DeWayne Hale of the U.S. Bankruptcy Court for the
Northern District of Texas has signed an interim order authorizing
Mansfield Boat and RV Storage, LLC to use cash collateral.

The Debtor is authorized to use cash collateral solely for the
expenditures listed on the Budget on an interim monthly basis for
December, 2018 and January 2019 until further hearing on the Cash
Collateral Motion, which is scheduled for Jan. 28, 2019 at 1:30
p.m.

Pender Capital Asset Based Lending Fund I, LP is granted a
replacement lien and security interest on the Debtor's cash
collateral to the same extent that such lien existed on the
Petition Date. In addition, the Debtor will pay $35,000 to Pender
within five days of the entry of the Interim Order and another
$35,000 in January 2019.

According to the Interim Order, the Debtor will provide (i) all
management and financial reports that it receives from its property
management company to Pender within one day of receipt and (ii)
cash expenditure reports on each Friday showing a comparison of the
Debtor's actual income and expenses to the projected income and
expenses in the Budget for the preceding week.

A full-text copy of the Interim Order is available at

               http://bankrupt.com/misc/txnb18-33926-36.pdf

                    About Mansfield Boat and RV Storage

Mansfield Boat and RV Storage, LLC, operates a self-storage
facility in Mansfield, Texas.  

Mansfield Boat and RV Storage sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Texas Case No. 18-33926) on Dec.
3, 2018.  At the time of the filing, the Debtor estimated assets of
$10 million to $50 million and liabilities of $1 million to $10
million.  The case is assigned to Judge Harlin DeWayne Hale.  The
Debtor tapped Lusky & Associates, P.C., as its legal counsel.


MARVIN B. NGWAFON: Seeks to Hire Weiss Law Group as Legal Counsel
-----------------------------------------------------------------
Marvin B. Ngwafon DDS MFS PC seeks approval from the U.S.
Bankruptcy Court for the District of Columbia to hire The Weiss Law
Group, LLC as its legal counsel.

The firm will advise the Debtor regarding the administration of its
bankruptcy estate; participate in settlement negotiations; assist
in the preparation of a bankruptcy plan; and provide other legal
services related to its Chapter 11 case.

Brett Weiss, Esq., the attorney who will be handling the case,
charges an hourly fee of $495.

Mr. Weiss disclosed in a court filing that the firm and its
attorneys do not represent any interest adverse to the Debtor's
bankruptcy estate.

The firm can be reached through:

     Brett Weiss, Esq.
     The Weiss Law Group, LLC
     6404 Ivy Lane, Suite 650   
     Greenbelt, MD 20770   
     Phone: (301) 924-4400   
     E-mail: brett@BankruptcyLawMaryland.com

                About Marvin B. Ngwafon DDS MFS PC

Marvin B. Ngwafon DDS MFS PC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D.D.C. Case No. 19-00035) on Jan. 12,
2019.  At the time of the filing, the Debtor estimated assets of
less than $50,000 and liabilities of less than $50,000.  The case
is assigned to Judge S. Martin Teel, Jr.  The Weiss Law Group, LLC,
is the Debtor's counsel.



MATTRESS FIRM: Texas Court Reinstates Oldacre, et al.'s Appeal
--------------------------------------------------------------
Judge Evelyn V. Keyes grants appellee Mattress Firm, Inc.'s motion
and reinstates the appeals case captioned Oldacre McDonald, LLC,
and Mark McDonald, et al. v. Mattress Firm, Inc., No.
01-18-00548-CV (Tex. App.).

The appeal was stayed pursuant to the "Suggestion of Bankruptcy"
notice that appellee had filed on Oct. 5, 2018. That notice stated
that appellee had filed a Chapter 11 petition for relief, assigned
to Case No. 18-12241-BLS, in the U.S. Bankruptcy Court for the
District of Delaware.

On Dec. 6, 2018, appellee filed the unopposed motion to reinstate
and for an extension of time to file its appellee's brief. Appellee
states that the bankruptcy court's Nov. 16, 2018 order confirmed
appellee's Chapter 11 Plan of Reorganization and provided that the
automatic stay will continue until the Effective Date, when
appellee will be discharged and the stay will be lifted. Thus,
appellee requests reinstatement because the stay has been lifted,
and further requests a 60-day extension of time to file its brief
because there are three sets of appellants' briefs filed to address
and the stay interrupted its preparation of its brief. Accordingly,
the Court grants appellee's motion to reinstate and for an
extension of time.

A copy of the Court's Order dated Dec. 18, 2018 is available at
https://bit.ly/2VRc8W5 from Leagle.com.

Alistair B. Dawson -- adawson@beckredden.com -- Owen McGovern --
omcgovern@beckredden.com -- Charles "Chad" Randall Flores, Alyssa
McDaniel, for Oldacre McDonald, LLC and Mark McDonald, Appellant.

John B. Thomas -- jthomas@hicks-thomas.com -- Paul L. Mitchell,
Stephen McBride Loftin, J. Stephen Barrick --
sbarrick@hicks-thomas.com -- Abbie Gallimore Sprague, for Mattress
Firm, Inc., Appellee.

Thomas W. Pirtle, Buffy Kay Martines, for Alexander Deitch, Chase
Ventures LLC, ABR Investment LLC and Preferred Realty, LLC,
Appellee.

Alexander Carl Chae, for Ryan Vinson, Appellee.

                    About Mattress Firm

Founded in 1986, Mattress Firm -- https://www.mattressfirm.com/ --
is a specialty mattress retailer headquartered in Houston, Texas,
operating more than 3,230 stores across 49 states (including
franchise locations).  Mattress Firm offers a broad selection of
mattress products and bedding accessories from leading
manufacturers and brand names, including Serta, Simmons, tulo,
Sleepy's, Chattam & Wells and Purple.

Mattress Firm and its affiliate-debtors filed a voluntary petition
for relief under chapter 11 of the Bankruptcy Code in the U.S.
Bankruptcy Court for the District of Delaware (Bankr. D. Del. Lead
Case No. 18-12241) on Oct. 5, 2018.

At the time of filing, the Debtors estimated $1 billion to $10
billion in both assets and liabilities.

Sidley Austin LLP, led by Bojan Guzina, Matthew E. Linder, and
Blair M. Warner, serves as the Debtors' legal counsel.  Young
Conaway Stargatt & Taylor, LLP, led by Robert S. Brady, Edmon L.
Morton, and Ashley E. Jacobs, serves as the Debtors' Delaware
counsel. AlixPartners, LLP, is the Debtors' financial advisor;
Guggenheim Securities, LLC is the Debtors' investment banker; and
Epiq Bankruptcy Solutions is the Debtors' claims and noticing
agent.


MERCEDES HOMES: Creditor Trustee Selling Remnant Assets for $15K
----------------------------------------------------------------
James S. Feltman, the Creditor Trustee for the Mercedes Homes
Creditor Trust, ask the U.S. Bankruptcy Court for the Southern
District of Florida to authorize the sale of all known or unknown
property, assets or claims of the Creditor Trust to Alpha Assets
Corp. for $15,000, cash.

The Creditor Trustee believes that substantially all assets of the
Creditor Trust have been administered.  The Litigation has been
prosecuted and resolved; judgments have been monetized and sold
pursuant to Court approval; claims have been allowed, resolved,
withdrawn or eliminated; and funds have been distributed to
unsecured creditors.  Following an extensive process, the total
amount of allowed general unsecured claims in the Creditor Trust
equals $25,764,377.

Pursuant to prior orders of the Court, the unsecured creditors
received several interim distributions, and most recently a final
distribution, for a total distribution of 22.25%.

On March 1, 2018, the Court entered the Final Distribution Order,
pursuant to which, among other things, the Creditor Trustee was
authorized to distribute all Surplus Funds to the Bankruptcy Bar
Foundation without further order of the Court.  The Creditor
Trustee has made the final distribution to creditors, and is the
process of closing out the case including the distribution of the
Surplus Funds to the Foundation pursuant to the Final Distribution
Order.

he Creditor Trustee was recently approached by Alpha Assets to
acquire the Remnant Assets, i.e., any assets of the Creditor Trust
that have not been administered.   In connection therewith, the
Creditor Trustee has entered into an Asset Purchase Agreement to
sell the Remnant Assets for the sum of $15,000, free and clear of
any liens, claims or encumbrances.

By the Motion, the Creditor Trustee seeks the authority to sell the
Remnant Assets to Alpha Assets for an all cash payment of $15,000,
with the purchase price to be paid within 14 days of the entry of
the Order approving the sale.  The sale will be "as is, where is,"
with no representations or warranties, including as to whether any
Remnant Assets exist.

The Creditor Trustee submits that the purchase price is fair and
reasonable, and represents fair value from the disposition of the
Remnant Assets.   The Creditor Trustee does not believe that there
are any liens on the Remnant Assets.

In connection with and in furtherance of the Final Distribution
Order, the Creditor Trustee asks authority to distribute the net
sale proceeds to the Foundation.  The total sale price is $15,000
and total allowed claims equal $25,764,377. Therefore, if the full
sale price were distributed pro rata to the remaining allowed
claims, the distribution would be de minimis (less than a fraction
of 1 cent).   Accordingly, the Creditor Trustee asks authority to
distribute the net sale proceeds to the Foundation.

In connection therewith, the Creditor Trustee asks authority to
pay, without further Court approval, up to $6,000 from the sale
proceeds to cover the fees and costs of administering the sale of
the Remnant Assets including asking Court approval and related
noticing costs.

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

    http://bankrupt.com/misc/Mercedes_Homes_3674_Sales.pdf

                      About Mercedes Homes

Headquartered in Melbourne, Florida, Mercedes Homes Inc. --
http://www.mercedeshomes.com-- operates a homebuilding company
that was established in 1983 by Howard Buescher, a 23-year veteran
of the homebuilding business and his daughter Susan Girard.  The
Company employs approximately 400 people who sell, and construct,
homes of distinctive quality in over 80 communities in Florida,
Texas and North and South Carolina.

The 2011 case is the second bankruptcy filing by Mercedes Homes of
the Carolinas.  Mercedes Homes Inc. and 10 affiliates filed for
Chapter 11 protection (Bankr. S.D. Fla. Lead Case No. 09-11191) on
Jan. 26, 2009.  Sean T. Cork, Esq., Tina M. Talarchyk, Esq., and
Craig D. Hansen, Esq., at Squire, Sanders & Dempsey, LLP,
represented the Debtors in the 2009 case.  Richard M. Williamson
and Alvarez & Marsal North American LLC served as the Debtors'
chief restructuring officer, Odyssey Capital Group LLC as valuation
expert, Michael P. Kahn & Associates LLC as financial advisor and
Kurtzman Carson Consultants LLC as claims and noticing agent.  The
Debtors' Schedules of Assets and Liabilities delivered to the
bankruptcy court in March 2009 show $309 million in assets
available to pay liabilities totalling $280 million, $224 million
of which is owed to secured creditors.  M. Bryant Gatrell, Esq., at
Moore & Van Allen PLLC, represented the agent for the Debtors'
prepetition first lien facilities.  Jay M. Sakalo, Esq., at Bilzin
Sumberg Baena Price & Exelrod, LLP, represented the agent for the
Debtors' prepetition second lien facility.


MESOBLAST LIMITED: Draws Down $15M From Exiting Credit Facility
---------------------------------------------------------------
Mesoblast Limited has drawn down a further US$15 million from its
US$75 million, non-dilutive, four-year credit facility with
Hercules Capital, Inc.  The funds will be used primarily to ramp up
Mesoblast's product commercialization programs including building
out a targeted sales force for its product candidate for acute
graft versus host disease (aGVHD).

The additional non-dilutive capital was made available after the
success of Mesoblast's product candidate Revascor (MPC-150-IM) in
having significantly reduced hospitalization rates from major
gastrointestinal bleeding in patients with end-stage heart failure
and a left ventricular assist device (LVAD) compared with controls
in the 159-patient Phase 2 trial funded by the U.S. National
Institutes of Health.

Mesoblast plans to meet with the U.S. FDA during the first half of
2019 to discuss a potential approval pathway for Revascor having
met this clinically meaningful outcome in LVAD patients.

Additionally, Mesoblast plans to submit a rolling Biologics License
Application with the FDA for use of remestemcel-L in treating aGVHD
in children in early 2019 and will execute on the product
candidate's market access and commercialization strategy. There are
no FDA approved treatments for this disease with high mortality.

Scott Bluestein, chief investment officer of Hercules Capital,
said: "We are pleased with the continued clinical and corporate
progress of Mesoblast since the original funding of our credit
facility.  We have made available a US$15 million second advance
following Mesoblast's performance in 2018.

"This additional advance once again demonstrates Hercules' unique
ability to continue to finance our companies through multiple value
inflection points."

An additional draw of US$25 million from the Hercules facility may
occur through Q4 2019 subject to certain conditions.  There are no
warrants associated with this credit facility.

                       About Mesoblast

Headquartered in Melbourne, Australia, Mesoblast Limited (ASX:MSB;
Nasdaq:MESO) -- http://www.mesoblast.com/-- is a global developer
of innovative cell-based medicines.  The Company has leveraged its
proprietary technology platform to establish a broad portfolio of
late-stage product candidates with three product candidates in
Phase 3 trials - acute graft versus host disease, chronic heart
failure and chronic low back pain due to degenerative disc disease.
Through a proprietary process, Mesoblast selects rare mesenchymal
lineage precursor and stem cells from the bone marrow of healthy
adults and creates master cell banks, which can be industrially
expanded to produce thousands of doses from each donor that meet
stringent release criteria, have lot to lot consistency, and can be
used off-the-shelf without the need for tissue matching.  Mesoblast
has facilities in Melbourne, New York, Singapore and Texas and is
listed on the Australian Securities Exchange (MSB) and on the
Nasdaq (MESO).

Mesoblast reported a net loss attributable to the owners of
Mesoblast of US$35.29 million for the year ended June 30, 2018,
compared to a net loss attributable to the owners of Mesoblast of
US$76.81 million for the year ended June 30, 2017.  As of Sept. 30,
2018, Mesoblast had US$688.78 million in total assets, US$161.19
million in total liabilities, and US$527.59 million in total
equity.

PricewaterhouseCoopers, in Melbourne, Australia, the Company's
auditor since 2008, issued a "going concern" opinion in its report
on the consolidated financial statements for the year ended June
30, 2018.  The auditors noted that the Company has suffered
recurring losses from operations that raise substantial doubt about
its ability to continue as a going concern.


MONITRONICS INTERNATIONAL: Ascent Hires Moelis for Strategic Review
-------------------------------------------------------------------
Ascent Capital Group, Inc., the parent company of Monitronics
International, Inc. (doing business as "Brinks Home Security"),
issued a press release announcing that it has initiated a process
to consider potential strategic alternatives, including an
investment in the Company or its operating subsidiary Brinks Home
Security by a third party.  Moelis & Company LLC has been retained
as financial advisor to assist with this review.

The Company has not set a definitive timetable for completing the
review, and there can be no assurance that the process will result
in a transaction.  The Company does not intend to disclose
developments or provide updates on the progress or status of this
process unless and until further disclosure is appropriate or
required.

                       About Monitronics

Farmers Branch, Texas-based Monitronics International, Inc. --
http://www.mymoni.com/-- provides residential customers and
commercial client accounts with monitored home and business
security systems, as well as interactive and home automation
services.  The Company is supported by a network of independent
Authorized Dealers providing products and support to customers in
the United States, Canada and Puerto Rico.  Its wholly owned
subsidiary, LiveWatch is a Do-It-Yourself home security firm,
offering professionally monitored security services through a
direct-to-consumer sales channel.  Monitronics is a wholly-owned
subsidiary of Ascent Capital Group, Inc. Monitroics was
incorporated in the state of Texas on Aug. 31, 1994.  At Dec. 31,
2017, the Company had more than 1,330 full-time employees and over
100 part-time employees, all of which are located in the United
States.

Monitronics reported net losses of $111.3 million in 2017, $76.30
million in 2016 and $72.44 million in 2015.  As of Sept. 30, 2018,
the Company had $1.70 billion in total assets, $1.90 billion in
total liabilities and a total stockholders' deficit of $202.90
million.

                          *     *     *

In September 2018, S&P Global Ratings lowered its issuer credit
rating on Monitronics to 'CC' from 'CCC'.  The downgrade follows
Monitronics' announcement on Aug. 30, 2018, of a proposed
transaction to exchange its 9.125% senior unsecured notes due 2020
for a combination of new $585 million cash and paid-in-kind (PIK)
(7.75% cash and 3.75% PIK) unsecured notes due 2023, up to $100
million of cash from parent company Ascent and warrants.
Monitronics is also proposing amendments to eliminate the
restrictive covenants governing the 2020 notes, including certain
events of default.

In July 2018, Moody's Investors Service, Inc., downgraded
Monitronics International's Corporate Family Rating to 'Caa2', from
'B3'.  The downgrade of Monitronics' CFR reflects strains on the
company's liquidity and capital structure caused by impending
maturities, as well as its continued lackluster operating
performance.


MR. COOPER: S&P Lowers Long-Term ICR to 'B', Outlook Stable
-----------------------------------------------------------
S&P Global Ratings said it lowered its long-term issuer credit
rating on Mr. Cooper Group Inc. (COOP) to 'B' from 'B+'. The
outlook is stable.

S&P said, "At the same time, we lowered our issue rating on COOP's
unsecured notes to 'B' from 'B+'. The recovery rating of '3'
remains unchanged, indicating our expectation of a meaningful (65%)
recovery in the event of default.

"The downgrade reflects our expectation that leverage will rise to
6.0x-6.5x over the next 12 months. The increase in leverage is
driven by recent acquisitions and the company's intent to fund the
transactions with financing of its mortgage servicing rights (MSRs)
and cash. In January 2019, COOP announced its definitive agreement
to acquire servicing rights underlying $24 billion in
government-sponsored enterprise (GSE) mortgages, enter into a
subservicing contract for additional $24 billion in mortgages, and
purchase the Seterus mortgage-servicing platform from IBM.
Additionally, in November 2018, the firm announced the acquisition
of Pacific Union Financial. Both transactions are expected to close
by first-quarter 2019. In August 2018, COOP also acquired Assurant
Mortgage Solutions Group, a global provider of risk management
solutions, for $35 million in cash with additional consideration
dependent on achieving certain performance targets.

"The stable outlook on COOP and its subsidiaries reflects our
expectation of leverage to be 6.0x-6.5x over the next 12 months.
Our outlook also considers no integration risk related to the
acquisitions of Seterus and Pacific Union LLC, and the firm's
growing market position as the largest nonbank mortgage servicer.

"A downgrade is unlikely over the next 12 months. Over time, we
could lower the ratings if the firm operates at leverage above 6.5x
or if debt to tangible equity rises above 2.0x on a sustained
basis. Although less likely, we could also lower our rating if the
firm discloses significant regulatory or compliance failures, such
that it affects its operating profitability or market position.

"We could raise the ratings over the next six to 12 months if the
firm scales back on material acquisitions and sustains leverage
below 5.0x while maintaining its favorable market position as a
mortgage servicer and originator."



NEW BERN: CCW Summary Judgment Bid on WCC Indemnity Claim Allowed
-----------------------------------------------------------------
On remand from the district court, Bankruptcy Judge Stephani W.
Humrickhouse allows third-party defendant Curenton Concrete Works,
Inc.'s motion for summary judgment on Weaver Cooke Construction,
LLC's contractual indemnity claim.

In both of its supplemental memoranda, Curenton argued that the
court should, on remand, enter summary judgment for it based upon
the contributory negligence analysis as set forth in the Stock
Indemnity Remand Order. In addition, Curenton contends the court
could enter summary judgment as to the indemnity claim on the
alternate basis of proximate cause, which Curenton cites in its
first supplemental response, or on the "alternate theory"
referenced in the footnote to the District Court Curenton Indemnity
Order, which Curenton offers to further address at some future time
if the court wishes. In its responsive memoranda, Weaver Cooke
argues that Curenton "did not raise Weaver Cooke's alleged
contributory negligence in support of Curenton's motion for summary
judgment on Weaver Cooke's indemnity claim," and further has failed
to put forward "its own specific evidence which establishes as a
matter of law that Weaver Cooke was contributorily negligent with
respect to the installation of the balconies." Weaver Cooke also
maintains that at this juncture, Curenton should be limited to the
argument it advanced in its initial motion and argued on appeal --
that there was no evidence of a breach of duty by Curenton -- and
is precluded from conflating that position with the "lack of
proximate cause" argument discussed in the Stock Indemnity Remand
Order.

On remand, having fully considered the facts presented, the court
will allow Curenton's motion on grounds that were discussed in the
ECM Indemnity Remand Order and are equally applicable to Curenton:
Namely, that Weaver Cooke's indemnity claim was precluded on
grounds that the indemnity agreement excluded damages to the
subject of the contract itself, i.e., "the Work." Further, the
court concludes that Weaver Cooke's contributory negligence in
connection with the sequencing that was necessary to achieve
waterproofing of the exterior balcony doors precludes it, under
N.C.G.S. section 22B-1, from seeking indemnity from Curenton.

The case is in re: NEW BERN RIVERFRONT DEVELOPMENT, LLC, Plaintiff,
v. WEAVER COOKE CONSTRUCTION, LLC; TRAVELERS CASUALTY AND SURETY
COMPANY OF AMERICA; J. DAVIS ARCHITECTS, PLLC; FLUHRER REED PA; and
NATIONAL ERECTORS REBAR, INC. f/k/a NATIONAL REINFORCING SYSTEMS,
INC., Defendants, and WEAVER COOKE CONSTRUCTION, LLC; and TRAVELERS
CASUALTY AND SURETY COMPANY OF AMERICA, Defendants,
Counterclaimants, Crossclaimants and Third-Party Plaintiffs, v. J.
DAVIS ARCHITECTS, PLLC, FLUHRER REED PA, SKYSAIL OWNERS
ASSOCIATION, INC.; NATIONAL REINFORCING SYSTEMS, INC., ROBERT P.
ARMSTRONG, JR., ROBERT ARMSTRONG, JR., INC., SUMMIT DESIGN GROUP,
INC., CAROLINA CUSTOM MOULDING, INC., CURENTON CONCRETE WORKS,
INC., WILLIAM H. DAIL d/b/a DD COMPANY, EAST CAROLINA MASONRY,
INC., GOURAS, INC., HAMLIN ROOFING SERVICES, INC., HUMPHREY HEATING
& AIR CONDITIONING, INC.; PERFORMANCE FIRE PROTECTION, LLC;
RANDOLPH STAIR AND RAIL COMPANY; STOCK BUILDING SUPPLY, LLC; PLF OF
SANFORD, INC. f/d/b/a LEE WINDOW & DOOR COMPANY; UNITED FORMING,
INC. a/d/b/a UNITED CONCRETE, INC.; JOHNSON'S MODERN ELECTRIC
COMPANY, INC.; and WATERPROOFING SPECIALITIES, INC.,
Crossclaimants, Counterclaimants and Third-Party Defendants. and
NATIONAL ERECTORS REBAR, INC. Defendant, Counterclaimant,
Crossclaimant and Third-Party Plaintiff, v. ROBERT P. ARMSTRONG,
JR., ROBERT ARMSTRONG, JR., INC., SUMMIT DESIGN GROUP, INC., JMW
CONCRETE CONTRACTORS, and JOHNSON'S MODERN ELECTRIC COMPANY, INC.
Third-Party Defendants. and J. DAVIS ARCHITECTS, PLLC, Third-Party
Plaintiff, v. McKIM & CREED, P.A., Third-Party Defendant. and
GOURAS, INC., Third-Party Defendant and Fourth-Party Plaintiff, v.
RAFAEL HERNANDEZ, JR., CARLOS CHAVEZ d/b/a CHAVEZ DRYWALL, 5 BOYS,
INC. and ALEX GARCIA d/b/a/ JC 5, Fourth-Party Defendants. and
STOCK BUILDING SUPPLY, LLC, Third-Party Defendant and Fourth-Party
Plaintiff, v. CARLOS O. GARCIA, d/b/a/ C.N.N.C., Fourth-Party
Defendant.

A copy of the Court's Order dated Dec. 19, 2018 is available at
https://bit.ly/2sqDCEy from Leagle.com.

Jeld-Wen, Inc., Movant, represented by David M. Grogan --
grogan@slk-law.com -- Shumaker Loop & Kendrick, LLP.

New Bern Riverfront Development, LLC, Plaintiff, represented by
Daniel K. Bryson  -- dan@wbmllp.com --  Whitfield, Bryson & Mason,
LLP, Matthew E. Lee -- matthew@wbmllp.com -- Whitfield, Bryson &
Mason, LLP, John A. Northen, Northen Blue, LLP, Vicki L. Parrott,
Northen Blue, LLP & Jeremy R. Williams, Whitfield Bryson & Mason
LLP.

Humphrey Heating and Air Conditioning, Inc., Defendant, pro se.
National Erectors Rebar, Inc., Defendant, represented by Patsy A.
Cook, William M. Black, Jr., Attorneys, Christopher J.
Derrenbacher, Lewis Brisbois Bisgaard & Smith LLP &Jennifer M. St.
Clair.

Travelers Casualty and Surety Company of America, Defendant,
represented by Matthew C. Bouchard, Lewis & Roberts P.L.L.C. &
Carter B. Reid, Watt, Tieder, Hoffar & Fitzgerald, LLP.

J. Davis Architects, PLLC, Defendant, represented by Jeffrey D.
Bradford, Brown Law LLP, Gregory W. Brown, Brown Law LLP & Kristi
Lyn Gavalier, Brown Law LLP.

Weaver Cooke Construction, LLC, Counter-Claimant, represented by
Luke J. Farley, Conner Gwyn Schenck PLLC, Joseph P. Gram, Conner
Gwyn Schenck PLLC & C. Hamilton (Hank) Jarrett, III, Conner Gwyn
Schenck, PLLC.

           About New Bern Riverfront Development

Cary, North Carolina-based New Bern Riverfront Development, LLC, is
the developer of SkySail Condominium, consisting of 121 residential
condominiums (plus 1 commercial/non-residential unit) located on
Middle Street on the waterfront in historic downtown New Bern,
North Carolina, and sells the SkySail Condominiums in the ordinary
course of business.  New Bern Riverfront filed for Chapter 11
bankruptcy protection (Bankr. E.D.N.C. Case No. 09-10340) on Nov.
30, 2009.  John A. Northen, Esq., at Northen Blue, LLP, represents
the Debtor.  The Company disclosed $31,515,040 in assets and
$25,676,781 in liabilities as of the Chapter 11 filing.

New Bern Riverfront has filed an Amended Plan of Reorganization,
which represents a consensual plan negotiated with the Debtor's
secured creditor, Wells Fargo Bank, N.A.  The Debtor contemplates
selling properties.


NOVAN INC: Receives Noncompliance Notice from Nasdaq
----------------------------------------------------
Novan, Inc., received a notice from the staff of the Nasdaq Stock
Market LLC on Jan. 14, 2019, notifying the Company that, for the
last 30 consecutive business days, the market value of the
Company's listed securities has been below the minimum $50.0
million requirement for continued inclusion on The Nasdaq Global
Market pursuant to Nasdaq Listing Rule 5450(b)(2)(A).  The Staff
also noted that the Company did not meet alternative requirements
for satisfying continued listing criteria found in Nasdaq Listing
Rule 5450(b)(3)(A).

The Company has 180 calendar days, or until July 15, 2019, to
regain compliance with the Rule.  If, at any time before July 15,
2019, the market value of the Company's listed securities closes at
$50.0 million or more for a minimum of 10 consecutive business
days, the Staff will provide written notification to the Company
that it complies with the Rule.

If the Company does not regain compliance with the Rule by July 15,
2019, the Staff will provide written notification to the Company
that its common stock is subject to delisting.  At that time, the
Company may either apply for listing on The Nasdaq Capital Market,
provided it meets the continued listing requirements of that
market, or appeal the decision to a Nasdaq Listing Qualifications
Panel.  In the event of an appeal, the Company's securities would
remain listed on The Nasdaq Global Market pending a decision by the
Panel following the hearing.  The Company is currently evaluating
its options for regaining compliance.

                       About Novan Inc.

Based in Morrisville, North Carolina, Novan Inc. --
http://www.novan.com/-- is a clinical-stage biotechnology company
focused on leveraging nitric oxide's natural antiviral and
immunomodulatory mechanisms of action to treat dermatological and
oncovirus-mediated diseases.  Nitric oxide plays a vital role in
the natural immune system response against microbial pathogens and
is a critical regulator of inflammation.  The Company's ability to
harness nitric oxide and its multiple mechanisms of action has
enabled it to create a platform with the potential to generate
differentiated product candidates.  The two key components of the
Company's nitric oxide platform are its proprietary Nitricil
technology, which drives the creation of new chemical entities, or
NCEs, and its topical formulation science, both of which the
Company uses to tune the Company's product candidates for specific
indications.

Novan incurred a net loss and comprehensive loss of $37.12 million
in 2017 following a net loss and comprehensive loss of $59.69
million in 2016.  As of Sept. 30, 2018, the Company had $29.69
million in total assets, $31.99 million in total liabilities and a
total stockholders' deficit of $2.29 million.

The report from the Company's independent accounting firm
PricewaterhouseCoopers LLP on the consolidated financial statements
for the year ended Dec. 31, 2017, includes an explanatory paragraph
stating that the Company has suffered recurring losses from
operations, negative cash flow from operating activities, and has
an accumulated deficit that raise substantial doubt about its
ability to continue as a going concern.


ODYSSEY CONTRACTING: District Ct. Dismisses Appeal as Improper
--------------------------------------------------------------
District Judge Cathy Bissoon entered an order dismissing the
appeals case captioned ODYSSEY CONTRACTING CORP., Appellant, v. L&L
PAINTING CO., INC. and FEDERAL INSURANCE COMPANY, Appellees, Civil
Action Nos. 18-456, 18-458 (W.D. Pa.) as well as the parties'
adversarial bankruptcy proceeding.

The Bankruptcy Court held a trial, and afterward, it issued a
detailed 42-page memorandum opinion, holding that Odyssey was, in
fact, the breaching-party. Accordingly, the Bankruptcy Court
contemporaneously-issued an order directing the parties to resolve
the adversarial proceeding "in compliance with [their]
Stipulation." The order closed by directing the parties to file a
joint-status report, shortly thereafter, regarding their
compliance.

L&L's motion to dismiss the appeal is well taken. Although L&L
urges that the relevant inquiries be addressed under the rubric of
Federal Civil Rules 16 and/or 60, the Court believes that the
Stipulation, alone, is the starting and ending point. Similarly,
neither side's cited-case law is particularly illuminating, as
relates to the specific issues and circumstances involved; and the
Court's independent research has failed to uncover on-point legal
authority. At bottom, the Court is left with the
specific-circumstances presented, and common sense notions of
judicial administration and fairness.

The Court is immovable in its conclusion that an appeal to the
District Court is improper; and remanding the case so that the
Bankruptcy Court further may interpret and enforce its order
approving the Stipulation appears senseless (given that Odyssey
most-likely would appeal the resulting-decision to this Court).
Similarly, forcing Odyssey's hand to negotiate and execute a
release likely would result in additional, protracted
legal-wrangling; and it would not result in L&L's presumed end-goal
(namely, preventing or undermining Odyssey's appeal to the
Circuit).

Under the circumstances, the Court will modify the Bankruptcy
Court's order dated March 20, 2018, such that it constitutes a
dismissal of the adversarial action, with prejudice, in conformity
with the parties' Stipulation.

Consistent with the foregoing, the Bankruptcy Court's Order dated
March 20, 2018 is modified, as follows:

1. The Bankruptcy Court having determined after trial that Odyssey
was the breaching party, L&L's damages claim(s) for the said
breach(es) are deemed to exceed Odyssey's damages claims for all of
its claims including its claims (a) against L&L and Federal for
alleged non-payment for work performed and/or other alleged
breaches, and (b) against L&L for alleged conversion of Odyssey's
equipment, tools, and other property; and, thereupon, all of the
parties' pending claims are disposed of in their entirety with
prejudice.

2. The disposition of the parties' respective claims in paragraph
"1" shall include all their damages claims for alleged non-payment,
breach of contract, conversion, and any and all other alleged
wrongdoing of any type or description; and shall also include each
party's respective claims for interest, costs, attorneys' fees, and
any and all other charges, claims, or causes of action of any
nature which each party has asserted, could have asserted, or may
at any time in the future assert against any other party relating
to the Project or the work at the Project; and the proceeding is
deemed to be finally concluded in all respects.

Otherwise, L&L's motion to dismiss is granted.

A copy of the Court's Order dated Dec. 20, 2018 is available at
https://bit.ly/2VTIWxF from Leagle.com.

ODYSSEY CONTRACTING CORP., Appellant, represented by Chris
Georgoulis -- cg@georgoulis.com. -- Georgoulis PLLC, James Lainas
-- jl@georgoulis.com -- Georgoulis PLLC, Robert O. Lampl , Benedum
Trees Building, John P. Lacher, Benedum Trees Building & Sy O.
Lampl , Robert O Lampl Law Office.

L&L PAINTING CO., INC. & FEDERAL INSURANCE COMPANY, Appellees,
represented by Allen James Ross -- ajross@duanemorris.com -- Duane
Morris LLP, Charles Fastenberg -- cfastenberg@duanemorris.com --
Duane Morris LLP, Jeffrey W. Spear -- JWSpear@duanemorris.com --
Duane Morris LLP, Joel M. Walker -- jmwalker@duanemorris.com --
Duane Morris, Jose A. Aquino -- jaaquino@duanemorris.com -- Duane
Morris LLP & Jessica Priselac -- JPriselac@duanemorris.com -- Duane
Morris LLP.

                 About Odyssey Contracting

Odyssey Contracting Corp. is a Pennsylvania corporation which was
formed in 1987 and which is based in Houston, Pennsylvania. The
Debtor is engaged in the business of bridge painting and repair
which services it provides throughout the United States.

Odyssey Contracting Corp. filed a Chapter 11 petition (Bankr. W.D.
Pa. Case No. 15-22330) on June 29, 2015.  In the petition signed by
Stavros Semanderes, president, the Debtor estimated $1 million to
$10 million in assets and liabilities.

The Hon. Carlota M. Bohm presides over the case.  

Robert O. Lampl, Esq., at Robert O. Lampl, Attorney at Law, serves
as the Debtor's counsel.  

On Dec. 29, 2016, the Debtor filed a Chapter 11 plan of
reorganization and disclosure statement.  Ongoing business
operations will not be the primary source of funding for the
Debtor's Plan.  Rather, the primary source of funding for the
Debtor's Plan is the litigation in which the Debtor is seeking
damages in the approximate aggregate amount $28,000,000.


PACIFIC GAS: S&P Lowers ICR to 'D' on Missed Interest Payment
-------------------------------------------------------------
S&P Global Ratings noted that Pacific Gas & Electric Co. (Pac Gas)
missed the $21.6 million interest payment on its $800 million 5.4%
senior notes maturing on Jan. 15, 2040.
There is a 30-day grace period with noteholders. S&P does not
expect the company to make this payment during the grace period
given the company's announcement that it expects to file for
bankruptcy protection and commence a reorganization under Chapter
11 of the U.S.
Bankruptcy Code on Jan. 29, 2019.

S&P thus lowered its issuer credit rating on Pacific Gas to 'D'
from 'CC'. At the same time, S&P lowered its issue-level rating on
the $800 million 5.4% senior notes maturing on Jan. 15, 2040, to
'D' from 'CC'. The '1' recovery rating is unchanged, reflecting its
expectation of very high recovery (90% or greater). S&P also
lowered the short-term rating and commercial paper rating on Pac
Gas to 'D' from 'C'. All other ratings are unchanged.


PARKER DRILLING: Seeks to Hire Jackson Walker as Local Counsel
--------------------------------------------------------------
Parker Drilling Company seeks approval from the U.S. Bankruptcy
Court for the Southern District of Texas to hire Jackson Walker
L.L.P.

The firm will represent the company and its affiliates as local and
conflicts counsel in their Chapter 11 cases.  The services to be
provided by the firm include advising the Debtors regarding local
rules, practices and procedures, and representing them in matters
where their lead counsel, Kirkland & Ellis LLP and Kirkland & Ellis
International LLP, may have a conflict.

Jackson Walker will charge these hourly fees:

     Elizabeth Freeman     $715
     Matthew Cavenaugh     $675
     Jennifer Wertz        $565
     Kristhy Peguero       $485
     Vienna Anaya          $420

The hourly rates for other restructuring attorneys range from $385
to $795.  Legal assistants and paralegals charge between
$185 per hour and $295 per hour.

Matthew Cavenaugh, Esq., a partner at Jackson Walker, disclosed in
a court filing that he and his firm are "disinterested" as defined
in section 101(14) of the Bankruptcy Code.

In accordance with Appendix B-Guidelines for reviewing fee
applications filed by attorneys in larger Chapter 11 cases, Mr.
Cavenaugh disclosed in a court filing that his firm has not agreed
to a variation of its standard billing arrangements for its
employment with the Debtors, and that no Jackson Walker
professional has varied his rate based on the geographical location
of the Debtors' cases.

Mr. Cavenaugh also disclosed that the firm represented the Debtors
during the week immediately before their bankruptcy filing using
these hourly rates:

     Elizabeth Freeman                    $715
     Jennifer Wertz                       $565
     Kristhy Peguero                      $485
     Vienna Anaya                         $420
     Other Attorneys                  $385 - $795
     Legal Assistant/Paralegal        $185 - $295  

The firm can be reached through:

     Matthew D. Cavenaugh, Esq.
     Jackson Walker L.L.P.
     1401 McKinney Street, Suite 1900
     Houston, TX 77010
     Phone: 713-752-4200
     Fax: 713-752-4221
     Email: mcavenaugh@jw.com

                   About Parker Drilling Company

Houston-based Parker Drilling (OTC:PKDSQ) --
http://www.parkerdrilling.com/-- provides drilling services and
rental tools to the energy industry.  The Company's Drilling
Services business serves operators in the inland waters of the U.S.
Gulf of Mexico utilizing Parker Drilling's barge rig fleet and in
select U.S. and international markets and harsh environment regions
utilizing Parker-owned and customer-owned equipment.  The Company's
Rental Tools Services business supplies premium equipment and well
services to operators on land and offshore in the U.S. and
international markets.

Parker Drilling Company and 19 subsidiaries sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 18-36958) on Dec. 12,
2018.  

Parker Drilling reported $937,219,000 in assets and $695,489,000 in
liabilities as of Sept. 30, 2018.

The Hon. Marvin Isgur is the case judge.

Kirkland & Ellis LLP is serving as legal advisor to Parker in
connection with the restructuring.  Moelis & Company is serving as
Parker's investment banker, and Alvarez & Marsal is serving as its
financial advisor. Jackson Walker L.L.P. is the local and conflicts
counsel.  Prime Clerk LLC is the claims agent.

Akin Gump Strauss Hauer & Feld LLP is serving as legal advisor to
the stakeholders that are parties to the RSA, and Houlihan Lokey is
serving as financial advisor.


PEANUT CO: Kallevigs' $606K Sale of Bucyrus Residential Propty. OKd
-------------------------------------------------------------------
Judge Dale l. Sommers of the U.S. Bankruptcy Court for the District
of Kansas authorized Eric and Kara Kallevig, affiliates of The
Peanut Co, LLC, to sell their principal residence and real property
located at 10921 West 247th Street, Bucyrus, Kansas to Joshua
Flaming, Amy Flaming, amc Margaret Willson and Charles Willson,
amc, for $606,000.

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

                       About The Peanut Co

The Peanut Co, LLC, is a privately held company whose principal
assets are located at 7489 W. 161st Overland Park, Kansas.  Peanut
Co. and its affiliates sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Kan. Case Nos. 18-20850 to 18-20852) on
April 25, 2018.  The debtor-affiliates are Marcy, LLC, and Eric Rue
Kallevig and Kara Lynn Kallevig.  In the petition signed by Eric
Rue Kallevig, sole member and owner, Peanut Co estimated assets of
less than $50,000 and liabilities of $1 million to $10 million.  
The Debtors hired Patton Knipp Dean LLC and Mann Conroy, LLC, as
legal counsel, and Carpani and Gordon, P.A., as special tax
counsel.


PHYLLIS HANEY: Vallis Buying Chippewa Property for $160K
--------------------------------------------------------
Phyllis J. Haney asks the U.S. Bankruptcy Court for the Western
District of Pennsylvania to authorize the sale of the real property
located at 191 Blackhawk Road, Chippewa Township, Beaver County,
Pennsylvania, Beaver County Tax Parcel #57-132-0119.000, to Dawnlyn
T. Valli and William J. Valli for $160,000.

The Debtor owns the Real Estate.

The Debtor and the Buyers have entered into a Standard Agreement
for the Sale of Real Estate on Nov. 19, 2018.  The purchase price
for the Real Property is $160,000. The hand money in the amount of
$1,000 is being held by the Realtor/Broker.  

The Real Property is being sold "as-is, where-is," and free of all
liens, claims and encumbrances.  The liens, claims and
encumbrances, if any, are hereby transferred to the proceeds of the
sale, if and to the extent that they may be determined to be valid
liens against the Real Property sold in accordance with their
validity or priority.

The Respondents which may hold liens, claims and encumbrances
against the Personal Property are: (i) Argent Mortgage Co.; (ii)
Strassburger, McKenna Gutnick and Gefsky; (iii) Wesbanco Bank f/k/a
ESB Bank; (iv) Brady’s Run Sanitary Authority; (v) Internal
Revenue Service, and (vi) Pennsylvania Department of Revenue.

The Debtor believes, and therefore avers, that the proposed sale is
fair and reasonable and acceptance and approval of the same is in
the best interest of the Estate.

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

    http://bankrupt.com/misc/Phyllis_Haney_96_Sales.pdf

The Buyers:

          Dawnlyn T. Valli and William J. Valli
          113 Allison Dr.
          Ellwood city, PA 16117

Counsel for Debtor:

          Robert O Lampl, Esq.
          John P. Lacher, Esq.
          David L. Fuchs, Esq.
          Ryan J. Cooney, Esq.
          Sy O. Lampl, Esq.
          ROBERT O LAMPL LAW OFFICE
          223 Fourth Avenue, 4th Fl.
          Pittsburgh, PA 15222
          Telephone: (412) 392-0330
          Facsimile: (412) 392-0335
          E-mail: rlampl@lampllaw.com

Phyllis J. Haney sought chapter 11 protection (Bankr. W.D. Pa. Case
No. 18-22636) on June 29, 2018.  The Debtor tapped Robert O Lampl,
Esq. , at Robert O Lampl Law Office, as counsel.



POST HOLDINGS: Moody's Upgrades CFR to B1, Outlook Stable
---------------------------------------------------------
Moody's Investors Service upgraded ratings of Post Holdings, Inc.
Ratings upgraded include the Corporate Family Rating to B1 from B2,
Probability of Default Rating to B1-PD from B2-PD, senior secured
debt ratings to Ba1 from Ba2 and senior unsecured debt ratings to
B2 from B3. Moody's also affirmed the company's Speculative Grade
Liquidity rating at SGL-1. The outlook on all ratings is stable.

The rating upgrades reflect improvement in Post's credit profile
over the past several years that has been achieved primarily
through acquisitions, and to a lesser extent, core earnings growth.
These improvements include increased scale, broader product
diversity, and a more balanced financial policy.

Since Post was spun off from Ralcorp Holdings in 2012, the company
has grown through a steady pace of acquisitions from about $960
million in sales to approximately $5.5 billion. The resulting
increase in scale and earnings diversity has improved the company's
capacity to manage through anticipated periods of high financial
leverage, which is inherent in its growth-through-acquisitions
strategy.

Product diversity declined somewhat following the divestiture of
the private brands business last October, but is still good. The
company's highest category concentration is in ready-to-eat cereal,
which is a highly profitable, but gradually declining category. The
divestiture caused the proportion of sales from RTE cereal sales to
rise from 36% to 40%. Notwithstanding the weak growth prospects for
the cereal category, Post's cereal brands should continue to
contribute high margins and strong cash flow for the foreseeable
future, which Moody's expects will be used to support future
acquisitions.

Ratings upgraded:

Post Holdings, Inc.

Corporate Family Rating upgraded to B1 from B2;

Probability of Default Rating upgraded to B1-PD from B2-PD;

$800 million Senior Secured Revolving Credit Facility expiring
March 2022 upgraded to Ba1 (LGD2) from Ba2 (LGD2);

$1,310 million Senior Secured Term Loan maturing May 2024 upgraded
to Ba1 (LGD2) from Ba2 (LGD2);

$1,000 million 5.50% Senior Unsecured notes due 2025 upgraded to B2
(LGD4) from B3 (LGD5);

$122 million 8.00% Senior Unsecured notes due 2025 upgraded to B2
(LGD4) from B3 (LGD5);

$1,710 million 5.00% Senior Unsecured notes due 2026 upgraded to B2
(LGD4) from B3 (LGD5);

$1,326 million 5.75% Senior Unsecured notes due 2027 upgraded to B2
(LGD4) from B3 (LGD5);

$961 million 5.625% Senior Unsecured notes due 2028 upgraded to B2
(LGD4) from B3 (LGD5).

Ratings affirmed:

Post Holdings, Inc.

Speculative Grade Liquidity Rating affirmed at SGL-1.

Outlook is revised to stable from positive.

RATINGS RATIONALE

The B1 Corporate Family Rating reflects Post's
growth-through-acquisitions strategy and related periods of high
financial leverage. The ratings are supported by the strong cash
flow generated by the slowly declining, but highly profitable
ready-to-eat cereal business, which generates 40% of sales. The
company's refrigerated food segment, which represents 45% of sales,
is also an important contributor to earnings. However, the large
commercial egg business within this segment generates much lower
margins and periodically, high earnings volatility. Finally, the
company's credit profile is supported by good product diversity,
moderate geographic sales diversity and solid brand equities in
high margin categories.

The SGL-1 Speculative Grade Liquidity rating reflects very good
liquidity characterized by over $500 million in annual free cash
flow and over $200 million of excess cash.

The stable outlook reflects Moody's expectation that Post will
continue to demonstrate the capacity and willingness to quickly
restore its credit metrics following leveraged acquisitions.

The ratings could be upgraded if the pace of Post's acquisitions
slows, operating profit margins remain stable, and the company
sustains debt/EBITDA below 5.5 times.

The ratings could be downgraded if operating performance
deteriorates, debt to EBITDA is sustained above 6.5 times, or if
free cash flow turns negative.

The principal methodology used in these ratings was Global Packaged
Goods published in January 2017.

Based in St. Louis Missouri, Post Holdings manufactures, markets
and distributes food products in categories that include RTE
cereal, retail and foodservice egg and potato products, retail side
dishes, retail cheese and sausage products, protein shakes, bars
and healthy snacks. Annual net sales approximate $5.5 billion.


PREFERRED CARE: PCO Files 2nd Report for Five Facilities
--------------------------------------------------------
Patricia M. McGillan, Esq., the appointed Patient Care Ombudsman
for Preferred Care, Inc., filed a second report covering the period
from August 1, 2018 through November 30, 2018.

The PCO noted that five facilities received on-site visits,
including Española Health facilities, which was subsequently
closed voluntarily.   

During visits, the PCO noted that the grievance/concern processes
at Bloomfield Health Facilities, LP and Silver City Health
Facilities, LP continue to need improvement.

In the Bloomfield facilities, the PCO noted that several complaints
appeared to be as state allegations of neglect or poor treatment
which, according to the PCO, require an investigation that should
include interviews of the reporting complainant, the resident or
authorized representative and any individuals with information
about the issue. The complaints reviewed by the PCO in the facility
were limited to conducting staff interviews and a review of the
resident’s medical record, without interviews of those directly
affected. On the other hand, the PCO found poor recognition of
concerns requiring investigation at Silver City facilities. The PCO
recommended that an investigation should include an interview of
the resident, if possible, authorized representative, reporter of
the complaint, staff on duty, any witnesses to the event, and
documentation.

Likewise, the PCO observed that the grievance process at Española
Health Facilities, LP continues to require improvement, including
cursory investigations and problematic handling of potential
regulatory violations.

Moreover, the Grievance/Concern process at Pinnacle Health
Facilities XXXIII, LP has just been reorganized at the direction of
the new administrator. The PCO reported that the facility has
instituted a new process and forms, which if successfully
implemented, would represent a best practice.

Similarly, the PCO observed that the Grievance/Concern process at
Santa Fe Health Facilities - Casa Real, LP was effective. The PCO
added that the facility has met regulatory requirements.

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

         http://bankrupt.com/misc/txnb17-44642-1501.pdf

            About Preferred Care

Preferred Care, Inc., is a Delaware corporation that is owned by
Mr. Thomas Scott.  PCI is a holding company for numerous wholly
owned, non-debtor subsidiaries that collectively own four mental
health facilities located in Mississippi, a developmental facility
in Florida, and a management contract for the operations of a
skilled nursing home in Texas.

The Debtors, other than PCI, operate 33 skilled nursing facilities
in Kentucky and New Mexico.  Their non-debtor affiliates operate an
additional 75 skilled nursing facilities in ten additional states.
Accordingly, the Debtors and their non-debtor affiliates operate
108 skilled nursing, assisted living and independent living
facilities in 12 states (approximately 11,500 beds and 9,300
residents).

Preferred Care, Inc., and 33 of its affiliates sought Chapter 11
protection (Bankr. N.D. Tex. Case No. 17-44642) on Nov. 13, 2017.
The Debtors' bankruptcy proceedings have been jointly administered
under the PCI's bankruptcy case.

The Debtors are represented by Foley Gardere, which was formed
following the combination of Foley & Lardner LLP and Gardere Wynne
Sewell LLP.  Preferred Care initially hired Gardere Wynne Sewell
LLP as its legal counsel.  Focus Management Group, USA, Inc.,
serves as the Debtors' financial advisor; KPMG LLP, serves as tax
return preparers and tax consultants; and JND Corporate
Restructuring serves as claims, noticing and balloting agent.

Artesia Health Facilities GP, LLC; Bloomfield Health Facilities GP,
LLC; and several other entities -- so-called GP Debtors-32 --
sought Chapter 11 protection on July 6, 2018, and their cases are
jointly administered with Preferred Care's. They have hired
Rochelle McCullough L.L.P. as their bankruptcy counsel.

An official committee of unsecured creditors has been appointed in
the Chapter 11 cases, and is represented by Gray Reed & McGraw LLP
as counsel and CohnReznick LLP as financial advisor.


PREMIERE ORTHO-PEDO: Seeks to Hire Weiss Law Group as Counsel
-------------------------------------------------------------
Premiere Ortho-Pedo PLLC seeks approval from the U.S. Bankruptcy
Court for the District of Columbia to hire The Weiss Law Group, LLC
as its legal counsel.

The firm will advise the Debtor regarding the administration of its
bankruptcy estate; participate in settlement negotiations; assist
in the preparation of a bankruptcy plan; and provide other legal
services related to its Chapter 11 case.

Brett Weiss, Esq., the attorney who will be handling the case,
charges an hourly fee of $495.

Mr. Weiss disclosed in a court filing that the firm and its
attorneys do not represent any interest adverse to the Debtor's
bankruptcy estate.

The firm can be reached through:

     Brett Weiss, Esq.
     The Weiss Law Group, LLC
     6404 Ivy Lane, Suite 650   
     Greenbelt, MD 20770   
     Phone: (301) 924-4400   
     Email: brett@BankruptcyLawMaryland.com

                    About Premiere Ortho-Pedo

Premiere Ortho-Pedo PLLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.D.C. Case No. 19-00034) on Jan. 12, 2019.
At the time of the filing, the Debtor estimated assets of less
than $50,000 and liabilities of less than $50,000.  The case is
assigned to Judge S. Martin Teel, Jr.


PRESCRIPTION ADVISORY: Plan to Convert Unsecured Debt to New Equity
-------------------------------------------------------------------
Prescription Advisory Systems & Technology, Inc. filed with the
U.S. Bankruptcy Court for the District of Delaware a disclosure
statement with respect to its plan of reorganization dated Jan. 8,
2019.

The Plan is a plan of reorganization, whereby the Debtor intends to
convert most of its unsecured debt to new equity in the Reorganized
Debtor. The Debtor will remain in business with a cleaner balance
sheet, with greater prospects to attract more investment money, if
necessary, and to expand its business operations. On the Effective
Date, the Debtor will issue New Common Stock in satisfaction of
Allowed Claims and Equity Interests. The New Common Stock will be
valued at the New Common Stock Price of $.50 per share, which the
Debtor believes constitutes fair market value for the New Common
Stock.

Under the Plan, Administrative Claims and Priority Claims are
unclassified and are to be paid in full, or upon such other terms
as the Debtor and the affected Claimants may agree. Class 1 DIP
Claims will receive (i) payment in equal monthly installments over
a 36 month period, and (ii) 250,000 shares of New Common Stock in
the Reorganized Debtor. Class 2 Secured Claims, if any, are
Impaired and at the option of the Debtors, Holders of Allowed
Secured Claims will receive payment in full, abandonment of their
collateral, or the net proceeds of the sale of their collateral.
Class 3 Unsecured Claims are Impaired and each Holder of an Allowed
Class 3 Claim will receive, at their option, either (i) New Common
Stock in the Reorganized Debtor at a multiple of 1.6 times the
Allowed Unsecured Claim, or (ii) payment of their Allowed Unsecured
Claim, with no interest, over 60 months. Class 4 Unsecured
Noteholders Claims are Impaired and each Holder of an Allowed Class
3 Claim will receive New Common Stock in the Reorganized Debtor at
a multiple of 1.44 times the Allowed Unsecured Noteholder Claim.
Class 5 Preferred Equity Interests are Impaired and each Holder of
an Allowed Class 5 Interest will receive 1.2 shares of New Common
Stock in the Reorganized Debtor for every 1 share of Preferred
Equity Interests. Finally, Class 6 Common Equity Interests are
Impaired and each Holder of an Allowed Class 6 Interest will
receive 1 share of New Common Stock in the Reorganized Debtor for
every 1 share of Common Equity Interests.

The Plan complies with the feasibility requirement because the
Debtor is a reorganizing with much less debt owed than prior to the
Petition Date allowing the Debtor to continue to focus on growth of
its business and increasing revenues.

A copy of the Disclosure Statement is available at
https://tinyurl.com/ydxgwed9 from Pacermonitor.com at no charge.

                 About Prescription Advisory

Prescription Advisory Systems & Technology, Inc. --
https://pastrx.com -- is a privately held company that developed a
prescription software to deal with prescription overdose epidemic.
The Company's product PASTRx is a software that helps doctors treat
patients with chronic pain and reduce the abuse of controlled
substances.  Benefits of PastRx include valuable medical
information at a glance, ability to drill down for more detail,
automatic checks for many patient risks, reduction in clerical
work, and records of compliance.  The company was incorporated in
2013 and is based in Jenkintown, Pennsylvania.

Prescription Advisory Systems & Technology, Inc. sought bankruptcy
protection on November 13, 2018  (Bankr. D. Del. Lead Case No. Case
No. 18-12601).  In the petition signed by Richard G. Bunker, Jr.,
CEO, the Debtor estimated assets of $0 to $50,000 and liabilities
of $1 million to $10 million.  The Debtor tapped Bielli & Klauder,
LLC as general counsel.


PROJECT LEOPARD: Moody's Affirms B2 CFR, Outlook Negative
---------------------------------------------------------
Moody's Investors Service affirmed Project Leopard Holdings, Inc.'s
ratings including its B2 Corporate Family Rating and B2 senior
secured debt ratings after its announced debt upsizing to fund the
$400 million acquisition of Nuance Communications Inc.'s document
imaging business. The NDI acquisition enhances Kofax's position as
a leading provider of capture software and adds to the company's
relationships with manufacturers of multifunction printers.
Although initial estimates of Kofax's and NDI's run rate
performance and credit metrics are strong, audited financial
statements are still in process and numerous adjustments are likely
still required. The ratings outlook remains negative.

RATINGS RATIONALE

Kofax's credit profile reflects the combined companies' leading
positions in the multi-channel capture and financial process
automation software markets, good liquidity and moderate pro forma
leverage compared to many other software industry leveraged
buyouts. Leverage at closing of the NDI acquisition is estimated at
5x pro forma for numerous run rate adjustments, but substantially
higher on an actual basis. The ratings also reflect the challenges
of stabilizing revenue declines at NDI and integrating the
businesses. Kofax has largely turned around performance
post-separation from Lexmark in July 2017 after several years of
declines. Though leverage is moderate compared to many other
enterprise software buyouts, the company has a lower proportion of
equity in the capital structure.

The negative outlook reflects integration challenges from the NDI
acquisition as well as the preliminary status of historical
financial statements and numerous adjustments required to estimate
the run rate performance of the combined businesses. The outlook
could be stabilized upon receipt and assessment of audited
financial statements. The ratings could face downward pressure if
performance declines, adjusted free cash flow to debt is not on
track to get to 5%, or leverage is sustained over 6.5x. The ratings
could be upgraded if revenues grow significantly, leverage is
expected to be sustained under 4.5x, and free cash flow to debt
greater than 10%.

Liquidity is expected to be good based on an estimated $60 million
of cash at close, an upsized, undrawn $80 million revolver, and
expected positive free cash flow over the next twelve months.

The following ratings were affirmed:

Issuer: Project Leopard Holdings Inc.

Probability of Default Rating, Affirmed B2-PD

Corporate Family Rating, Affirmed B2

Senior Secured Term Loan, Affirmed B2 (LGD4)

Senior Secured Revolving Credit Facility, Affirmed B2 (LGD4)

Outlook Actions:

Issuer: Project Leopard Holdings Inc.

Outlook, Remains Negative

The principal methodology used in these ratings was Software
Industry published in August 2018.


RADIOLOGY PARTNERS: S&P Retains 'B' ICR Amid Acquisitions
---------------------------------------------------------
S&P Global Ratings said that Radiology Partners Holdings LLC's
acquisitions of Austin Radiological Association (ARA) and Desert
Radiology do not affect its rating on the company. While the
acquisitions exceed S&P's merger and acquisition expectations for
Radiology Partners, adjusted leverage and cash flows metrics remain
appropriate and it has limited concerns regarding its ability to
quickly integrate the acquired operations. The company will fund a
portion of the transactions with $365 million of incremental
first-lien debt.

S&P said, "Our recovery estimate for the first-lien term loan
remains 55%, despite the slightly increased proportion of
first-lien debt in the company's capital structure, due to the
additional EBITDA stemming from the acquisitions.

"Our overall view of the business is unchanged, given the continued
still-limited size and narrow focus of providing radiology
services. ARA adds the leading radiology practice in Austin, Texas
and one of the largest radiology groups in the U.S., while the
addition of Desert Radiology adds the leading radiology practice in
Las Vegas, Nevada. We continue to believe Radiology Partners is
well positioned to benefit from ongoing consolidation among
radiology groups, but we recognize the space is highly competitive
with low barriers to entry, which may enable the emergence of other
consolidators.

"The rating also reflects the company's highly leveraged financial
risk profile, with our expectation of adjusted debt leverage above
8x for the next few years. Radiology Partners has grown very
rapidly during its six years, and we expect the company to remain
very acquisitive, supplementing mid- to high-single-digit organic
revenue growth with about $100 million to $300 million in annual
spending on acquisitions. Because the business is not capital
intensive, we expect this level of operating performance will
generate more than $20 million in free operating cash flow (FOCF)
in 2019. While the company does not pay dividends, its aggressive
business plan ensures it will use cash flow for acquisitions or to
build capacity for future issuances as opposed to debt reduction.
For these reasons, we believe the company will sustain leverage
above the 7x level.

"The stable rating outlook reflects our expectation that the
company will generate 6%-8% organic growth and sustain margins
around 16%-18% through a mix of organic and acquisitive growth. We
expect the company to sustain leverage over 7x and to generate at
least $20 million of FOCF in 2019."

ISSUE RATINGS--RECOVERY ANALYSIS

Key analytical factors

Radiology Partners' capital structure consists of a $150 million
first-lien revolver due 2023, an $800 million first-lien term loan
due 2023, a $365 million add-on to the first lien, and $282.5
million second-lien term loan.

S&P assumes the revolver will be 85% drawn, LIBOR of 250 basis
points at default, and some rise in margin following a breach in
financial covenants.

Given the continued demand for its services, we believe Radiology
Partners would remain a viable business and would therefore
reorganize rather than liquidate following a hypothetical payment
default. S&P said, "Consequently, we have used an enterprise value
methodology to evaluate recovery prospects. We valued the company
on a going-concern basis using a 5.5x multiple off our projected
EBITDA at default, which is consistent with the multiple used for
similar health care services companies."

Simulated default assumptions

-- Simulated year of default: 2022
-- EBITDA at emergence: $139 million
-- EBITDA multiple: 5.5x

Simplified waterfall

-- Net enterprise value (after 5% administrative costs): $725
million
-- Collateral value available to secured creditors: $725 million
-- Secured first-lien debt: $1,293 million
    --Recovery expectations: 50%-70%; rounded estimate: 55%
-- Total value available to unsecured claims: $0 million
-- Unsecured claims: $864 million
    --Recovery expectations: 0%; rounded estimate: 0%

  RATINGS LIST

  Radiology Partners Holdings LLC
   Issuer Credit Rating                  B/Stable/--

  Radiology Partners Inc.
   Senior Secured First Lien             B
    Recovery Rating                      3 (55%)
   Senior Secured Second Lien            CCC+
    Recovery Rating                      6 (0%)



RANDAL D. HAWORTH: PCO Files 4th Interim Report
-----------------------------------------------
Elliot M. Hirsch, M.D., the duly appointed successor Patient Care
Ombudsman for Randal Haworth, M.D., Inc., filed a fourth interim
report for the period of November 1, 2018 through December 21,
2018.

During visit, the PCO observed that the Debtors' main office and
surgical center were inviting and clean. The PCO noted that the
Debtor provides appropriate equipment for such a center.  

Moreover, the PCO also observed that the Debtor's staff was very
kind and attentive to patients. The PCO added that the staff is
extremely aware of the policies and procedures implemented to make
the office and center efficient and a positive experience for the
patients.

The PCO will continue to monitor and is available to respond to any
concerns or questions of the Court or interested party. Further,
the PCO recommends not posting to social media any videos that show
anyone other than Dr. Haworth performing or demonstrating
invasive/non-invasive procedures. The PCO noted that he will be in
contact with the Institute for Medical Quality (IMQ) to obtain
information regarding the complaint which was based on a video
posted to social media showing a patient undergoing a Vaser
liposculpture procedure.

A full-text copy of the Fourth Interim Report is available for free
at:

       http://bankrupt.com/misc/cacb18-16306-121.pdf

                About Randal D. Haworth

Randal D. Haworth M.D. Inc. filed a Chapter 11 bankruptcy petition
(Bankr. C.D. Cal. Case No. 18-16306) on May 31, 2018, estimating
less than $1 million in assets and liabilities.  

The Debtor tapped Havkin & Shrago, Attorneys At Law, as counsel.

Elliot M. Hirsch was appointed as patient care ombudsman in the
Debtor's case.

On Aug. 9, 2018, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Buchalter is the
Committee's legal counsel.


RFS SPORTS: Case Summary & 14 Unsecured Creditors
-------------------------------------------------
Debtor: RFS Sports, Inc.
        2077 S. Vineyard Ave.
        Ontario, CA 91761

Business Description: RFS Sports, Inc. is a privately held
                      company in Ontario, California that
                      manufactures and supplies sports equipment.
                      The Company filed its Articles of
                      Incorporation in the State of California on
                      Aug. 27, 2013.

Chapter 11 Petition Date: January 18, 2019

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

Case No.: 19-10456

Judge: Hon. Mark S. Wallace

Debtor's Counsel: Javier H. Castillo, Esq.
                  CASTILLO LAW FIRM
                  145 E. Rowland Street, Suite A
                  Covina, CA 91723
                  Tel: (626) 331-2327
                  Fax: (888) 229-0087
                  E-mail: jhcecf@gmail.com
                          jcastillolaw@gmail.com

Total Assets: $352,490

Total Liabilities: $13,399,012

The petition was signed by Yongming Sui, CEO.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 14 unsecured creditors is available for free
at:

          http://bankrupt.com/misc/cacb19-10456.pdf


RUBY PIPELINE: Moody's Cuts Sr. Unsec. Notes to Ba2, Outlook Neg.
-----------------------------------------------------------------
Moody's Investors Service downgraded the senior unsecured notes
rating of Ruby Pipeline, LLC to Ba2 from Baa3. Moody's concurrently
assigned Ruby a Ba2 Corporate Family Rating and a Ba2-PD
Probability of Default Rating. The rating outlook was changed to
negative from review for downgrade. This rating action concludes
the review of Ruby's ratings that began on November 21, 2018.

The downgrade and negative outlook was prompted by the downgrade of
Pacific Gas & Electric Company's senior unsecured rating to Caa3
from Ba3 on January 14, 2019.

"The downgrade of Ruby reflects the importance of PG&E Company to
Ruby's credit rating given its position as Ruby's principal
shipper, with take-or-pay arrangements expiring in 2026 that
comprise about 35% of Ruby's contracted volumes and 25% of total
capacity," said Terry Marshall, Moody's Senior Vice President.
"While we believe that the natural gas contracted to PG&E is needed
by PG&E and will continue to flow, the very high likelihood of a
bankruptcy filing by PG&E and its parent, PG&E Corporation, reduces
the quality of the cash flow from PG&E and creates uncertainty
about the potential for renegotiation of the contract terms and the
ability of Ruby to realize in full its right to collateral against
the PG&E contracts."

Downgrades:

Issuer: Ruby Pipeline, LLC

Senior Unsecured Notes, Downgraded to Ba2 (LGD3) from Baa3 Rating
Under Review

Assignments:

Issuer: Ruby Pipeline, LLC

Probability of Default Rating, Assigned Ba2-PD

Corporate Family Rating, Assigned Ba2

Outlook Actions:

Issuer: Ruby Pipeline, LLC

Outlook, Changed To Negative From Rating Under Review

RATINGS RATIONALE

Ruby's Ba2 CFR is constrained by: 1) the weak credit quality of its
principal shipper -- Pacific Gas & Electric Company (PG&E Company,
Caa3 negative); 2) material recontracting risk starting in 2021
when about 65% of Ruby's contracts mature; and 3) high
distributions to shareholders: FFO-dividends/debt will be about 10%
in 2019 (9% at LTM Sept-18). Ruby benefits from: 1) transportation
contracts for 71% of its capacity; and 2) currently contracted cash
flow through 2020 with FFO/Debt around 30% and FFO plus
interest/interest at 5.5x as debt amortizes (23% and 4.4x,
respectively at LTM Sept-18).

The negative outlook reflects Ruby's significant exposure to PG&E
Company and the potential for renegotiation of the contract terms
with PG&E and Ruby's ability to fully realize in full its right to
collateral against the PG&E contracts.

Ruby's ratings could be downgraded if there is a significant change
to its contracts terms with PG&E or if liquidity weakens.

Ruby's ratings could be upgraded following a stabilization of the
PG&E contract situation and the receipt of cash collateral by Ruby
per the terms of its contract with PG&E. Ruby would also have to
maintain a ratio of FFO to debt above 15% and a ratio of FFO minus
dividends to debt over 5% for an upgrade.

Ruby's liquidity is adequate. Moody's expects Ruby will generate
about $260 million in cash from operations in 2019 after capital
expenditures but before $88 million of required senior notes
amortization, with most of the remaining $170 million being
distributed to the partners. Because it's a relatively new
pipeline, maintenance capital expenditures are minimal - less than
$1 million per year. Ruby does not have a revolving credit facility
as its liquidity needs are met from internally generated cash flow.
As of September 30, 2018, Ruby had a $140 million term loan
maturing on 29th March 2019, which Moody's expects to be either
extended or repaid using a committed subordinated debt facility
provided by subsidiaries of the partners that matures in 2026. The
company is expected to remain in compliance with its sole financial
covenant (debt to EBITDA less than 5.5x (3.46x at LTM Sept-18).

Ruby's senior unsecured notes are rated Ba2, the same level as the
CFR. The term loan (unrated) is pari passu with the notes. The
subordinated debt from the partners is too small relative to the
senior debt to provide a meaningful loss absorption cushion under
Moody's Loss Given Default methodology.

The principal methodology used in these ratings was Natural Gas
Pipelines published in July 2018.


SANABI INVESTMENTS: Jan. 30 Hearing on Disclosure Statement
-----------------------------------------------------------
On January 30, 2019 at 3:00 P.M., the hearing to consider the
approval of the Disclosure Statement explaining Sanabi Investments,
L.L.C.'s plan of reorganization will be held in the United States
Bankruptcy Court, Courtroom 8 (8th Fl), 301 N Miami Ave., Miami, FL
33128.

January 23, 2019 is the last day for filing and serving Objections
to the Disclosure Statement.

Class 6 - General Unsecured Creditors are impaired. Total claim
amount of $524,495.06 with a plan payment term for 5 years. Total
Plan Payments: $20,000.  Quarterly plan payment amount of
$1,000.00. The allowed general unsecured claims will receive a
total of $20,000.00 to be paid in quarterly installments of
$1,000.00 for 5 years.

Class 1 - Secured Claim of Newtek Small Business Finance, LLC, are
impaired with a claim amount of $469,551.25. Amount secured is
$189,419.00 and amount unsecured is $280,132.25. Class 1 is secured
by all personal property, proceeds and products of the Debtor. The
Debtor proposes to treat the secured claim in equal monthly
installments over sixty (60) months at $3,796.00 per month.
Repayment shall be based upon the existing contract, with the
interest rate of 7.5%. The unsecured claim will be treated in Class
6.

Class 3 - Secured Claim of USB Leasing LT are impaired with a claim
amount of $26,600.00. Arrears at $2,925.00. Class 3 is secured by a
2017 Range Rover. The Debtor proposes to continue to make monthly
lease payments pursuant to the lease. The Debtor will cure the
arrears over 1 year, totaling equal monthly payments of $243.75 per
month.

The funds to make the initial payments will come from the Debtor in
Possession's Bank account. Funds to be used to make cash payments
pursuant to the Plan will derive from the Debtor's income.

A full-text copy of the Disclosure Statement dated December 26,
2018, is available at:

         http://bankrupt.com/misc/flsb18-1816699LMI-70.pdf

                    About Sanabi Investments

Sanabi Investments, L.L.C. filed a Chapter 11 petition (Bankr. S.D.
Fla. Case No. 18-16699) on June 1, 2018.  In the petition signed by
Saady Bijani, managing member, the Debtor estimated $50,000 to
$100,000 in assets and $500,000 to $1 million in liabilities.  Chad
T. Van Horn, Esq., at the Law Offices of Alla Kachan, P.C., is the
Debtor's counsel.


SCIENCE APPLICATIONS: S&P Raises ICR to 'BB+', Off CreditWatch
--------------------------------------------------------------
S&P Global Ratings raises its issuer credit rating on Science
Applications International Corp. to 'BB+' from 'BB' and removed the
ratings from CreditWatch. At the same time, S&P raised its
issue-level rating on the company's first-lien credit facility,
which consists of a $400 million revolver, $1.068 billion term loan
A due 2023, and $1.05 term loan B due 2025, to 'BB+' from 'BB'. The
'3' recovery rating is unchanged.  

S&P said, "The upgrade reflects SAIC's recently completed
acquisition of Engility on terms similar to those we expected when
we placed the ratings on CreditWatch with positive implications on
Sept. 11, 2018. SAIC purchased Engility for approximately $2.5
billion, with Engility's shareholders receiving 0.45 shares of SAIC
stock for each share of Engility stock held. SAIC also assumed
approximately $950 million of Engility's, which it refinanced with
a new term loan. The term loan was part of a new senior secured
credit facility the company entered into in October 2018 consisting
of a $400 million revolver due 2023, a $1.068 billion term loan A
due 2023 (used to refinance Engility's debt), and a $1.05 billion
term loan B due 2025 (used to refinance its own debt). None of
Engility's debt remains outstanding.

"The stable outlook reflects SAIC's broader scale and scope after
acquiring Engility, as well as our expectation that company's
elevated debt leverage after the acquisition will improve in the
near term. While we expect debt to EBITDA to be between 4.2x-4.6x
in 2019, a smooth integration of the new business should result in
leverage dropping to 3.2x-3.6 in 2020.

"We could lower the rating on SAIC if leverage remains above 4x
beyond 2019 and we expect it to stay there. This could occur if the
company experiences integration problems or does not realize
planned synergies. It could also happen if government spending
declines, the company loses major contracts or share repurchases,
or acquisitions are higher than we expect.

"Although unlikely in the next 12 months, we could raise the rating
on SAIC if debt to EBITDA decreases below 3x and management commits
to maintaining it at that level. This could occur if margins
improve more than we expect due to higher synergies or other
operating improvements and the company pays down more debt than the
required amortization."




SEMGROUP CORP: Moody's Affirms B2 CFR, Outlook Stable
-----------------------------------------------------
Moody's Investors Service affirmed SemGroup Corporation's Corporate
Family Rating at B2, its Probability of Default Rating at B2-PD,
and its senior unsecured notes rating at B3. Moody's upgraded
SEMG's Speculative Grade Liquidity Rating to SGL-2 from SGL-3. The
outlook on all SEMG's ratings is stable.

At the same time, Moody's affirmed HFOTCO LLC's Ba3 CFR, its Ba3-PD
PDR and Ba3 ratings assigned to its senior secured term loan. The
outlook on all ratings of HFOTCO is stable.

The rating actions follow the announcement by SEMG that it has
formed a joint venture, SemCAMS Midstream ULC, with KKR. SEMG will
have operating control and hold 51% of the shares in the joint
venture. SEMG will contribute assets of its Canadian subsidiary to
the joint venture and receive approximately $453 million in net
cash proceeds that it will use to repay debt at SEMG level.
Furthermore, the joint venture has agreed to acquire Meritage
Midstream ULC assets in Canada for C$600 million ($449 million).
The joint venture will be funded via a contribution of C$515
million ($385 million) in cash equity and C$300 million ($224
million) in preferred notes from KKR and will also enter into C$800
million ($598 million) credit facility that will be established on
a non-recourse basis to SEMG.

"The joint venture creates a new funding platform to support
development of the Canadian infrastructure through complementary
acquisition of Meritage Midstream assets and future growth
projects", said Elena Nadtotchi, Moody's Senior Credit Officer. "By
establishing a new financing structure at the joint venture level,
SEMG adds another degree of structural complexity and subordination
to its consolidated capital structure. The negative credit impact
of the transaction on SEMG's unsecured creditors will be mitigated
by the prepayment of all amounts outstanding on SEMG's priority
secured revolver."

A complete list of Moody's rating actions is as follows:

Upgrades:

Issuer: SemGroup Corporation

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

Affirmations:

Issuer: HFOTCO LLC

Probability of Default Rating, Affirmed Ba3-PD

Corporate Family Rating, Affirmed Ba3

Senior Secured Term Loan, Affirmed Ba3 (LGD4)

Issuer: SemGroup Corporation

Probability of Default Rating, Affirmed B2-PD

Corporate Family Rating, Affirmed B2

Senior Unsecured Notes, Affirmed B3 (LGD5)

Outlook Actions:

Issuer: HFOTCO LLC

Outlook, Remains Stable

Issuer: SemGroup Corporation

Outlook, Remains Stable

RATINGS RATIONALE

SEMG's B2 CFR reflects its leveraged balance sheet, despite the
company taking tangible steps to reduce debt after the highly
levered acquisition of HFOTCO LLC (Ba3 stable) caused its
debt/EBITDA to peak at 7.4x in 2017, up from 3.8x in 2016. SEMG
raised debt, placed preferred convertible notes and raised capital
by divesting significant minority stakes in its principal pipelines
to help pay for the acquisition in 2018. Its Canadian joint venture
with KKR will allow SEMG to accelerate development of the Canadian
assets, while leveraging capital contributions of the private
equity partner. Calculated on a pro rata basis for its ownership in
the JV, its leverage should be maintained at around 6x in 2019 and
decline further in 2020, backed by organic growth in earnings in
its Canadian joint venture and at HFOTCO.

The B3 rating on SEMG's senior unsecured notes, one notch below the
CFR level, reflects their subordinate position in the capital
structure relative to the company's $1 billion secured credit
facility under Moody's Loss Given Default Methodology. Moody's also
notes a relatively high level of structural subordination in SEMG's
capital structure and estimates that HFOTCO and the new Canadian
joint venture (SEMG's share) will contribute about 50% of
consolidated EBITDA going forward, while their assets and cash
flows will support about 40% of debt (consolidated on pro rata
basis).

HFOTCO'S Ba3 CFR reflects the expectation that steady growth in
EBITDA backed by capital investment will continue to drive
deleveraging of the balance sheet. Moody's expects that HFOTCO's
stand-alone leverage will continue to improve and decline to below
5.5x in 2019 from 6.7x in 2018. The Ba3 CFR also reflects the
company's advantaged location, diverse mix of high-credit quality
counterparties and relative stability in earnings. HFOTCO is
expected to pay out all of its distributable cash flow to SEMG.
Although SEMG will contribute cash to HFOTCO for capital projects,
distributions from HFOTCO will be an essential component of SEMG
reaching its dividend growth target.

The Ba3 rating on HFOTCO's senior secured credit facility is the
same as the Ba3 CFR. Although the credit facility ranks behind
HFOTCO's $225 million super senior Hurricane Ike bonds in
liquidation preference, the size of the bonds is relatively small
and the stable earnings profile of the company's long-lived assets
should provide meaningful value for covering the term loan.
Accordingly, Moody's views the Ba3 rating is more appropriate than
what is suggested by Moody's Loss Given Default methodology.

SEMG's SGL-2 Speculative Grade Liquidity Rating reflects good
liquidity through 2019, supported by full availability under its $1
billion credit facility, as well as balance sheet cash. The credit
facility expires in March 2021 and is governed by three financial
covenants: leverage of no more than 5.5x, interest coverage of no
less than 2.5x, and senior secured leverage of no more than 3.5x.
These covenants do not consider HFOTCO's debt or interest expense.
Moody's expects that the company will remain in compliance with
these covenants through 2019. Dividend coverage is expected to be
adequate through 2019 at 1.3x after subtracting maintenance-level
capital spending. Following completion of the proposed repayment of
SemGroup's debt, the next maturity will be the $400 million senior
unsecured notes due in 2022.

HFOTCO's liquidity is underpinned by its operating cash flows and
declining CAPEX requirements beyond 2018. While Moody's assumes
that HFOTCO will pay out all of its distributable cash flow to the
shareholder, SEMG is expected to contribute necessary capital to
HFOTCO to cover capital spending shortfalls. The liquidity,
therefore, is based on the expectation that SEMG will continue to
support liquidity and capital spending needs of the subsidiary.

In June 2018, HFOTCO extended the maturity to 2025 and up-sized its
senior secured guaranteed term B facility. Moody's expects HFOTCO
to remain in compliance with the financial covenants under the term
B facility in the next 12-18 months.

SEMG's stable outlook reflects Moody's expectation that growing
earnings contribution from Canadian operations and HFOTCO will
allow the company to continue deleveraging. Ratings could be
upgraded if pro-rata consolidated leverage declines further and
debt/EBITDA appears sustainable below 6x and dividend coverage is
maintained above 1.2x. Ratings would likely be downgraded if
leverage increases to above 7x.

HFOTCO's stable outlook reflects the consistent nature of the
company's operations and that growth through 2019 can be funded
without a significant increase in debt. Ratings are unlikely to be
upgraded without an upgrade of SEMG. Higher leverage with
standalone debt/EBITDA above 7.5x would likely lead to a downgrade;
a downgrade of SEMG could also lead to a downgrade of HFOTCO.

The principal methodology used in these ratings was Midstream
Energy published in December 2018.

Tulsa, Oklahoma-based SemGroup owns a diverse suite of midstream
assets focused on the gathering, processing, transportation, and
storage of crude oil and natural gas across several major North
American oil and gas basins.

Houston, Texas- based HFOTCO is one of the largest providers of
residual fuel and crude oil storage in the U.S. Gulf Coast with
approximately 18 million barrels of tankage. HFOTCO provides
additional ancillary services and optionality for its customers,
including product heating, blending and transportation services for
regional refiners, major integrated oil companies and trading
operations.


SKYPORT GLOBAL: Ruling Favoring ECAL, et al., vs Kubbernus Upheld
-----------------------------------------------------------------
Appellants Robert Kubbernus and Balaton Group, Inc. challenge the
trial court's judgment entered after a jury trial in favor of
appellees ECAL Partners, Ltd. et al., in their suit against
appellants for securities violations under the Texas Securities Act
("TSA"), breach of contract, breach of fiduciary duty, and fraud.
In two issues, appellants contend that the evidence is insufficient
to support the jury's findings in favor of appellees on their
claims for securities violations and attorney's fees under the TSA;
certain appellees cannot bring suit under the TSA; and certain
appellees' securities-violations claims are barred by the TSA's
statute of repose.

Upon careful consideration of the facts presented, the Court of
Appeals of Texas affirmed the trial court's decision.

In a portion of their first issue, appellants argue that the
evidence is legally and factually insufficient to support the
jury's findings in favor of appellees on their claims for
securities violations under the TSA because there is no evidence of
any material untruth or omission or that "the damages awarded to
[appellees] were proximately caused by [any] untruth or omission."

Appellants first assert that the evidence is legally and factually
insufficient to establish that they made any material
misrepresentations or omissions to appellees.

Here, appellees presented ample evidence that supports the jury's
finding that appellants made material misrepresentations or
omissions to appellees, and appellants have not demonstrated that
no evidence supports the finding. And appellants have not
demonstrated that the jury's finding is so contrary to the
overwhelming weight of the evidence as to be clearly wrong and
manifestly unjust. Accordingly, the Court holds that the evidence
is legally and factually sufficient to support the jury's finding
that appellants made "an untrue statement of a material fact or an
omission to state a material fact necessary in order to make the
statements made, in the light of the circumstances under which they
are made, not misleading." Thus, the Court overrules this portion
of appellants' first issue.

Appellants next assert that the evidence is legally and factually
insufficient to establish that any material misrepresentation or
omission made by them caused the "damages awarded to [appellees]."
In response, appellees assert that they need not have proved
causation.

The TSA provides that "[a] person who offers or sells a security .
. . by means of an untrue statement of a material fact or an
omission to state a material fact necessary in order to make the
statements made . . . not misleading, is liable to the person
buying the security from him." This provision establishes the
elements (and defenses) of a cause of action for misrepresentations
or omissions made in connection with a securities transaction.
Notably, loss causation is not an element of a
securities-violations claim brought under this particular provision
of the TSA.

Accordingly, the Court holds that appellees were not required to
prove causation as an element of their claims for securities
violations under the TSA. The Court overrules this portion of
appellants' first issue.

In their second issue, appellants argue that the evidence is
factually insufficient to support the trial court's award of
attorney's fees to appellees because appellees "needed to segregate
[their] fees incurred advancing their TSA claims against
appellants."

Appellants do not assert that the attorney's fees awarded by the
trial court are unreasonable, unnecessary, or inequitable. Rather,
they assert that "[i]n a case involving dozens of
plaintiffs/defendants and numerous theories of liability, some
portion of [appellees'] attorney's fees are likely unrecoverable"
and appellees "made no attempt to segregate recoverable fees from
those incurred in pursuing losing or non-fee-recoverable claims."
Essentially, appellants contend that appellees have failed to
properly segregate non-recoverable fees from those fees that are
recoverable in the instant case.

The Court holds that it is not necessary for an attorney to keep
separate records documenting the exact amount of time spent
pursuing one claim versus another to prove that the amount of
attorney's fees sought is sufficiently segregated. Rather,
segregation is sufficiently established if an attorney testifies
that a given percentage of the time worked would have been
necessary even if the claim for which attorney's fees are
unrecoverable had not been asserted. The Court concludes that
appellees sufficiently segregated their attorney's fees.

Accordingly, the Court holds that the trial court did not err in
awarding appellees attorney's fees as it did pursuant to TSA
article 581-33(D)(7). The Court overrules appellants' second
issue.

The appeals case is ROBERT KUBBERNUS AND BALATON GROUP, INC.,
Appellants, v. ECAL PARTNERS, LTD., DRACO CAPITAL, INC., ROBERT
MENDEL, AS ASSIGNEE OF EDWARD PASCAL, ROBERT MENDEL, ROBERT MENDEL,
AS ASSIGNEE OF STANLEY BERAZNIK, ROBERT MENDEL, AS ASSIGNEE OF DON
BUI, ROBERT MENDEL, AS ASSIGNEE OF BEN ARIANO, 3791068 CANADA,
INC., PETER TAYLOR, DARSHAN KHURANA, MATTEO NOVELLI, SEQUOIA
AGGRESSIVE GROWTH FUND, LTD., AS ASSIGNEE OF ACHIM GLAUNER, SEQUOIA
AGGRESSIVE GROWTH FUND, LTD., AS ASSIGNEE OF KARL-HEINZ GLAUNER,
SEQUOIA AGGRESSIVE GROWTH FUND, LTD., AS ASSIGNEE OF CHRISTIAN
GLAUNER, SEQUOIA AGGRESSIVE GROWTH FUND, LTD., SEQUOIA AGGRESSIVE
GROWTH FUND, LTD., AS SUCCESSOR TO SEQUOIA DIVERSIFIED GROWTH FUND,
SEQUOIA AGGRESSIVE GROWTH FUND, LTD., AS ASSIGNEE OF RIG III, LTD.,
SEQUOIA AGGRESSIVE GROWTH FUND, LTD., AS ASSIGNEE OF ARAN ASSET
MANAGEMENT, SEQUOIA AGGRESSIVE GROWTH FUND, LTD., AS ASSIGNEE OF
SEMPER GESTION, S.A., EOSPHOROS ASSET MANAGEMENT, INC., ASHWIN
SAIRAM, 99869 CANADA, INC., DAVID BURTNIK, MARY HANEMAAYER, MARLENE
TERSIGNI, AND GEORGE DEWOLF, Appellees, No. 01-16-00174-CV (Tex.
App).

A copy of the Court's Opinion dated Dec. 20, 2018 is available at
https://bit.ly/2HkjYEO from Leagle.com.

F. Eric Fryar -- eric@fryarlawfirm.com -- for Jo Ann Schermerhorn,
Appellee.

Jeremy Gaston -- jgaston@hcgllp.com -- Walter J. Cicack --
wcicack@hcgllp.com -- Jeremy Masten -- jmasten@hcgllp.com -- for
Robert Kubbernus and Balaton Group, Inc., Appellant.

Joshua Alexander Norris , Robert M. Manley --
rmanley@mckoolsmith.com -- Lara Pringle -- lpringle@joneswalker.com
-- Robert B. Bieck, Jr. , for CenturyTel, Appellant.

                      About SkyPort Global

Satellite and terrestrial communication service provider SkyPort
Global Communications, Inc. -- http://www.skyportglobal.com/--
sought Chapter 11 protection (Bankr. S.D. Tex. Case No. 08-36737)
on Oct. 24, 2008.  Edward L. Rothberg, Esq., at Weycer Kaplan
Pulaski & Zuber, in Houston, represents the Debtor.  At the time of
the chapter 11 filing, the Debtor reported $8,736,791 in assets and
was unable to estimate its liabilities.  The Court confirmed
Skyport's Chapter 11 Plan of Reorganization orally from the bench
at a hearing held on Aug. 7, 2009.  The Court entered an order
confirming the Plan on Aug. 12, 2009.


SLIGO PARKWAY: Unsecureds to Get $300 Per Month for 36 Months
-------------------------------------------------------------
Sligo Parkway LLC and Edward Woody filed a Fourth Amended
Disclosure Statement in connection with their Fourth Amended Joint
Plan of Reorganization dated December 24, 2018, to modify the
treatment of claims.

Class 7 - All Allowed Unsecured Claims will receive treatment as
follows: Beginning on the first day of the first full month that is
at least thirty (30) days after the Effective Date, the Debtor will
pay monthly payments into a Class 7 Claim Fund for 36 months in the
amount of $300 per month for total Class 7 Claim distributions of
$10,800.  Disbursements from the Class 7 Fund will be made
quarterly, beginning on the first day of the first full calendar
quarter after the Effective Date. Class 7 Claims are impaired. The
Debtor believes that the total amount of the claims in this class
will be approximately $800,000, consisting primarily of the
unsecured deficiency claims held by Deutsche Bank, PNC Bank and
Wells Fargo.

Class 8 - Convenience Class (Allowed Unsecured Claims in an amount
lower than $1,500). Within ninety (90) days after the Effective
Date the holders of all Allowed Unsecured claims lower than $1,500
will receive a cash payment equal to 90% of their allowed claims

The holders of Class 2 Claims, unless they agree otherwise, will be
paid in full thirty (30) days after the Effective Date. Debtor does
not believe there are any claims included within this class. Debtor
intends to pay holders of Class 3 Claims a stream of payments
payable over five years after the Petition Date at an interest rate
of six percent (6%). The Debtor does not believe there are any
claims included within this class.

Class 4 Claim are impaired. Deutsche Bank asserts a secured claim
against Debtor pursuant to a security interest in the Firestone
Property. Deutsche Bank will retain its lien in the Firestone
Property. Under the Plan, the monthly payments payable to Deutsche
Bank on account of its secured Class 4 claim will be $2,962.67 per
month. Deutsche Bank has filed a proof of claim in the amount of
$1,490,940.50.

Class 5 Claim are impaired. PNC asserts a secured claim against
Debtor pursuant to a consensual security interest in the Firestone
Property. The Debtor scheduled this claim in the amount of
$123,750. PNC will retain its lien in the Firestone Property.
Eighty-four (84) months based on a 360 month amortization schedule,
payments beginning on the first day of the first full month after
the effective date. The unsecured portion of the Total PNC Claim
will be included in Class 7 under this Plan and treated as a
general unsecured claim.

Class 6 Claim are impaired. Wells Fargo asserts a secured claim
against Debtor pursuant to a judgment lien in the Firestone
Property. The Debtor scheduled this claim in the amount of $2,773.
Wells Fargo will retain its lien in the Firestone Property.
Eighty-four (84) months based on a 360 month amortization schedule,
payments beginning on the first day of the first full month after
the effective date. The unsecured portion of the Total Wells Fargo
Claim will be included in Class 7 under this Plan and treated as a
general unsecured claim.

Class 9 Interests. Following the Effective Date, the holders of the
outstanding equity security interests in the Debtor will retain
such interests. Edward Woody is the sole equity security holder of
the Debtor. The Class 8 Interests are unimpaired.

The Debtor and Woody believe that the Plan is feasible. Mr. Woody
has agreed to pay rent and/or capital contributions to Sligo
Parkway LLC in an amount equal to the payments described above to
Classes 1 through 8.  On the other hand, upon a conversion to
Chapter 7 or other liquidation Debtor and Mr. Woody believe that
proceeds upon the sale of the Firestone Property would be
significantly less than the claim asserted by Deutsche Bank, and
therefore that all other creditors would receive nothing.
Accordingly, the Plan proponents believe that creditors are faring
at least as well under the Plan as they would upon a forced
liquidation of the Firestone Property.

A redlined version of the Fourth Amended Disclosure Statement dated
December 26, 2018, is available at:

         http://bankrupt.com/misc/mdb18-1720745-93.pdf

                      About Sligo Parkway

Sligo Parkway listed its business as a single asset real estate (as
defined in 11 U.S.C. Section 101(51B)).  It owns a fee simple
interest in a property located at 415 Firestone Drive Silver
Spring, Maryland 20906, valued at $842,204.  The Debtor previously
sought bankruptcy protection on July 9, 2015 (Bankr. D. Md. Case
No. 15-19754).

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Md. Case No. 17-20745) Aug. 9, 2017, listing $842,229 in total
assets and $1.12 million in total liabilities.  The petition was
signed by Edward Woody, managing member.

Judge Thomas J. Catliota presides over the case.

Richard S. Basile, Esq., at Richard Basile, Esq., serves as the
Debtor's bankruptcy counsel.


SMART BATTERY: Seeks to Hire Mark S. Roher as Legal Counsel
-----------------------------------------------------------
Smart Battery, LLC, seeks approval from the U.S. Bankruptcy Court
for the Southern District of Florida to hire The Law Office of Mark
S. Roher, P.A., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; represent the Debtor in negotiation with its
creditors in the preparation of a bankruptcy plan; and provide
other legal services related to its Chapter 11 case.

Mark Roher, Esq., the attorney who will be handling the case,
charges an hourly fee of $400.  His firm will be paid a retainer of
$25,000.  

Mr. Roher and his firm do not represent any interest adverse to the
Debtor, according to court filings.

The firm can be reached through:

     Mark S. Roher, Esq.
     The Law Office of Mark S. Roher, P.A.
     150 S. Pine Island Road, Suite 300
     Fort Lauderdale, FL 33324
     Phone: (954) 353-2200
     Email: mroher@markroherlaw.com

                     About Smart Battery LLC

Smart Battery, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 19-10463) on Jan. 13,
2019.  At the time of the filing, the Debtor estimated assets of
less than $50,000 and liabilities of less than $500,000.  The case
is assigned to Judge John K. Olson.


SPA 810: Cash Collateral Use for January 2019 Expenses Okayed
-------------------------------------------------------------
The Hon. Daniel P. Collins of the U.S. Bankruptcy Court for the
District of Arizona authorized SPA 810, LLC to use cash collateral
to pay the current operating expenses as set forth on the budget
for the month of January 2019.

A hearing to consider further use of cash collateral is set for
January 29, 2019 at 2:30 p.m.

The Debtor has an immediate need of funds to operate and maintain
its business operations, and minimize business disruption, all of
which require the use of cash collateral pursuant to the terms of
this Order.

Princeton Franchise Partners, LLC asserts a lien in substantially
all of the Debtor's personal property assets as of the Petition
Date, including all cash collateral as defined in section 363(a) of
the Bankruptcy Code.

Princeton will have, and is granted, a replacement lien on assets
acquired by the Debtor after the Petition Date of the same type as
the assets on which Princeton held lien on the Petition Date. Said
Replacement Liens will secure Princeton to the extent necessary to
adequately protect Princeton from any diminution in value of its
interests in property of the Debtor's estate as a result of the
entry of the Order and the use of cash collateral. The Replacement
Liens will have the same validity, priority, and enforceability as
Lender's lien on the Debtor's assets as of the Petition Date.

The Debtor will provide to Princeton a comparison of the Budget to
actual receipts and disbursements on the 15th and 30th days of each
month. The Debtor will also work with Princeton to provide
financial information as reasonably requested by Princeton.

A full-text copy of the Order is available at

           http://bankrupt.com/misc/azb18-06718-325.pdf

                        About Spa 810 LLC

SPA 810, LLC -- https://www.spa810.com/ -- owns and operates spas.
It is headquartered in Scottsdale, Arizona, with locations in
Texas, Arkansas, Florida, Iowa, Minnesota, Georgia, Oklahoma,
Colorado, and Kentucky.

SPA 810 and affiliate Phoenix Global Consulting Services sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz.
Case Nos. 18-06718 and 18-06719) on June 11, 2018.  

At the time of the filing, SPA 810 estimated assets of less than
$500,000 and liabilities of less than $1 million to $10 million;
and Phoenix Global estimated less than $50,000 in assets and less
than $1 million in liabilities.

The Debtors tapped Dickinson Wright PLLC as their legal counsel.
SPA 810 hired Jonathan Miller, CPA, PC, as its accountant.  It
hired Warshawsky Seltzer, PLLC as special counsel.

On June 22, 2018, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors in the Debtors' cases.
The committee retained Tiffany & Bosco,P.A. as its legal counsel.


SPI ENERGY: Will Raise $7.6 Million from Private Placement
----------------------------------------------------------
SPI Energy Co., Ltd. has entered into share purchase agreements
with certain existing shareholders (including certain key
management personnel of the Company) and other investors, to
purchase an aggregate of 6,600,000 ordinary shares of the Company
at a price of US$1.16 per Share, for a total consideration of
approximately US$7.6 million.  The outside closing date is April
14, 2019.

The Shares are being offered and sold solely to non-U.S. investors,
on a private placement basis in reliance on Regulation S
promulgated under the U.S. Securities Act of 1933, as amended. The
completion of the above transaction is subject to the satisfaction
of customary closing conditions.  The Purchasers are subject to a
90-day lock-up period beginning on the closing date.

The ordinary shares have not been and will not be registered under
the Securities Act of 1933, as amended, and may not be offered or
sold in the United States absent registration or an applicable
exemption from registration.

Net proceeds from the transaction are intended to be used for
expansion of SPI Energy's global PV project activities and general
corporate purposes.

                      About SPI Energy

SPI Energy Co., Ltd. -- http://investors.spisolar.com/-- is a
global provider of photovoltaic (PV) solutions for business,
residential, government and utility customers and investors.  SPI
Energy focuses on the EPC/BT, storage and O2O PV market including
the development, financing, installation, operation and sale of
utility-scale and residential PV projects in China, Japan, Europe
and North America.  The Company operates an online energy
e-commerce and investment platform in China, as well as B2B
e-commerce platform offering a range of PV and storage products in
Australia.  The Company has its operating headquarters in Hong Kong
and maintains global operations in Asia, Europe, North America and
Australia.

SPI reported a net loss attributable to shareholders of the Company
of $91.08 million for the year ended Dec. 31, 2017, compared to a
net loss attributable to shareholders of the Company of $220.69
million for the year ended Dec. 31, 2016.  As of June 30, 2018, SPI
Energy had $312.23 million in total assets, $413.95 million in
total liabilities, and a total deficit of $101.71 million.


ST. MARYS CEMENT: Moody's Rates $500MM Unsec. Notes Due 2041 'Ba2'
------------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to the proposed
USD500 million senior unsecured notes due 2041 to be issued by
Votorantim Cimentos' wholly owned subsidiary St. Marys Cement Inc.
and unconditionally guaranteed by Votorantim Cimentos S.A. ("VCSA",
Ba2 stable). VCSA's existing ratings and its Ba2 CFR (corporate
family rating) remain unchanged. The ratings outlook remains
stable.

The proposed issuance is part of VCSA's corporate restructuring and
will be executed through a like-for-like exchange offer up to
USD500 million, conditioned to a minimum amount of USD300 million,
and consent solicitation on the existing USD1.15 billion notes
issued by Votorantim Cimentos International S.A. and guaranteed by
VCSA and Votorantim S.A. ("VSA", Ba2 stable) also due 2041. The new
issuance will not increase VCSA's leverage metrics since it will
replace existing indebtedness.

In addition to the exchange offered, the company is launching a
tender offer up to USD650 million for the VCI notes maturing in
2041, 2022 and 2021, conditioned to a minimum of USD500 million.
Proceeds for the tender offer is expected to come from a capital
increase of BRL2.0 billion from VSA, subject to the consummation of
Fibria sale. Any excess amount on the tender could be funded with
cash on hands from VCSA.

The rating of the proposed notes assumes that the issuance will be
successfully completed as planned and will replace existing debt,
and that the final transaction documents will not be materially
different from draft legal documentation reviewed by Moody's to
date and assume that these agreements are legally valid, binding
and enforceable.

Rating assigned:

Issuer: St. Marys Cement Inc.

USD500 million backed senior unsecured global notes due 2041: Ba2 -
unconditionally guaranteed by Votorantim Cimentos S.A.

Stable Outlook

The company's existing ratings are unchanged:

Issuer: Votorantim Cimentos S.A.

Corporate Family Rating: Ba2

Stable Outlook

Issuer: Votorantim Cimentos International S.A.

EUR227 million backed senior unsecured global notes due 2021: Ba2 -
unconditionally guaranteed by Votorantim Cimentos S.A.

EUR356 million backed senior unsecured global notes due 2022: Ba2 -
unconditionally guaranteed by Votorantim Cimentos S.A.

USD1,150 million backed senior unsecured global notes due 2041: Ba2
- unconditionally guaranteed by Votorantim Cimentos S.A. and
Votorantim S.A.

Issuer: St. Marys Cement Inc.

USD500 million backed senior unsecured global notes due 2027: Ba2 -
unconditionally guaranteed by Votorantim Cimentos S.A.

RATINGS RATIONALE

VCSA's Ba2 ratings reflect its leading position in Brazil, its
adequate liquidity, its large scale and integrated operations, and
its affiliation with its parent Votorantim S.A. ("VSA", Ba2
stable), a company with established audit, finance and strategy
committees, as well as written financial policies that restrict
leverage and require a minimum cash position. VSA drew about 35% of
its total EBITDA in the 12 months ended September 2018 from the
cement subsidiary.

Because VCSA is a fully owned subsidiary of VSA, its ratings
reflect the likelihood of its support from its parent. The two
companies have cross-acceleration provisions and guarantees in part
of their outstanding debt, and VSA includes VCSA as a material
subsidiary in its financial statements.

In 2016 & 2017, VSA capitalized VCSA for a total BRL 2.7 billion
(~USD 725 mm); part of the resources came from the IPO of Nexa
Resources S.A. (Ba2 stable), demonstrating VSA's willingness and
ability to support its main subsidiaries.

A reduction in debt over time as well as the corporate
restructuring reflect VCSA's strategy of streamlining its corporate
organization in terms of cross-acceleration provisions and
corporate guarantees to and from other companies within VSA,
another step towards a potential equity offering of the cement
business. As of September 2018, 37% of VCSA's gross debt had
corporate guarantees from VSA, down from 89% at the end of 2013.
VCSA also guarantees around 3.6% of VSA's total debt. The proposed
new issuance will not have a guarantee from VSA further reducing
the amount of VCSA's debt guaranteed by VSA, but given the
importance of VCSA to VSA's operations, Moody's would expect to see
continued support from the parent.

A difficult environment for the cement business in Brazil, which
represents around 50% of the company's revenues/EBITDA, continues
to hold back VCSA's financial metrics, based on the country's
economic slowdown and corruption investigations against heavy
construction companies, which have elevated VCSA's leverage. Yet
for all of these risks, market conditions will stabilize in 2019
for cement producers in Brazil, with gradual recovery in demand ,
following a cumulative 25% decline since 2014. Moody's forecasts
that VCSA's adjusted debt/EBITDA will decline to around 5.5x in
2019 -- not considering the effects from the new capital increase -
from 7.4x for the 12 months through September 30, 2018, a rise from
6.6x from December 31, 2017. Recent divestments of non-core assets,
capital injections from the parent, declining capital spending, and
a medium-term recovery of operations at home will all help improve
VCSA's consolidated leverage.

VCSA has strong liquidity, based on the maintenance of a large cash
balance in proportion to short-term debt. VCSA had BRL3.2 billion
cash on hand as of September 30, 2018, covering its short-term debt
by 2.6x. Moreover, the company has USD500 million in revolving
credit facilities that mature in 2023. Moody's expects that VCSA
will generate more substantial positive free cash flow starting in
2019, when its capital expansion program will ease more
significantly, almost dropping to maintenance levels of around
BRL1.0 billion from an average of around BRL1.5 billion in the past
4 years.

The stable outlook on the company reflects its expectation that
market conditions for cement producers, mainly in Brazil, will
remain stable or increase slightly in 2019, following a cumulative
25% decline since 2014. Nonetheless, Moody's believes that VCSA
will continue to prudently manage its capital spending and dividend
distributions to maintain adequate liquidity to service its
financial obligations. The stable outlook also takes into
consideration the fact that if operations weaken further, the
company will make the necessary adjustments in its capital spending
to maintain its financial profile.

An upgrade of VCSA's ratings would depend on an upgrade of Brazil's
government bond rating, and improvements in the conditions for the
Brazilian cement industry in which the company is able to improve
its operating performance such that adjusted EBIT to interest
expense is sustained above 4.0x (0.9x for the 12 months through
September 2018) and adjusted retained cash flow ("RCF") to net debt
increases to levels above 20% (9.2% for the 12 months through
September 2018), while decreasing leverage to below 3.5x (7.4x for
the 12 months through September 2018). All ratios incorporate
Moody's standard adjustments.

The ratings could be downgraded if Brazil's government bond rating
should be further downgraded, or if the company's liquidity profile
deteriorates or if its capital structure weakens, with adjusted
Debt to Ebitda above 5.0x after the execution of the expansion
plans without prospects for reduction. Performance falling below
its expectations, indicated by retained cash flow to net debt below
10% for a sustained period could also lead to negative rating
actions.

Headquartered in Sao Paulo and one of the main subsidiaries of VSA,
VCSA is the sixth-largest cement company worldwide in terms of
installed capacity excluding Chinese companies. For the 12 months
ended September 30, 2018, VCSA reported consolidated revenue of
BRL12.5 billion. The company has operations in North and South
America, Europe, Africa and Asia.


TACO BUENO: Court Approves Plan Outline; Confirms Prepackaged Plan
------------------------------------------------------------------
Bankruptcy Judge Stacey G. Jernigan issues her findings of fact and
conclusions of law with regard to the order approving Taco Bueno
Restaurants, Inc.'s disclosure statement and confirming its joint
prepackaged chapter 11 plan of reorganization.

The Court holds that the Disclosure Statement contains (a)
sufficient information of a kind consistent with the disclosure
requirements of all applicable nonbankruptcy laws, rules, and
regulations, including the Securities Act (to the extent
applicable), and (b) "adequate information" with respect to the
Debtors, the Plan, and the transactions contemplated therein, and
is approved in all respects.

The Plan, including the various documents and agreements in the
Plan Supplement, provides adequate and proper means for
implementation of the Plan, including, without limitation: (a) the
restructuring of the Debtors' balance sheet and other financial
transactions provided for by the Plan; (b) the adoption, filing,
and implementation of the New Organizational Documents; (c) the
consummation of the Restructuring Transactions in accordance with
the Plan; (d) the general authority for the Debtors to take all
actions necessary or appropriate to effect any transaction
described in, approved by, or necessary or appropriate to
effectuate Plan, as set forth more fully in Article IV of the Plan;
(e) the issuance of securities, including the New Common Stock; (f)
the cancellation of certain existing agreements, obligations,
instruments, and Interests; (g) the continued vesting of the assets
of the Debtors' Estates in the Reorganized Debtors; (h) the
execution, delivery, filing, or recording of all contracts,
instruments, releases, and other agreements or documents in
furtherance of the Plan, including those certain Consulting
Agreements filed in the Plan Supplement and any other Definitive
Documentation; and (i) provisions governing distributions under the
Plan, thereby satisfying section 1123(a)(5) of the Bankruptcy
Code.

The Debtors have negotiated, developed, and proposed the Plan in
good faith and not by any means forbidden by law, thereby
satisfying section 1129(a)(3) of the Bankruptcy Code. In so
determining, the Court has considered the facts and record of the
Chapter 11 Cases, the Disclosure Statement, and evidence proffered
or adduced at the Confirmation Hearing, and examined the totality
of the circumstances surrounding the filing of the Chapter 11
Cases, the Plan, and the process leading to Confirmation, including
the overwhelming support from the Voting Class, the Committee, and
other stakeholders for the Plan. The Debtors' Chapter 11 Cases were
filed, and the Plan was proposed, with the legitimate purpose of
allowing the Debtors to implement the Restructuring Transactions,
reorganize, and emerge from chapter 11 with a financially
deleveraged capital structure, which will allow them to conduct
their businesses and satisfy their ongoing obligations with
adequate liquidity and capital resources. The Plan (including all
documents necessary to effectuate the Plan), the Plan Supplement,
and the Plan Documents were negotiated in good faith and at arm's
length among the Debtors, Taco Supremo, and the Committee.

Additionally, the deal that the Debtors negotiated with Taco
Supremo and the Committee that is embodied in the Plan, including
the Committee Settlement and support for the Consulting Agreements,
reflects the best possible compromise that could be reached given
the facts and circumstances surrounding the Debtors and these
Chapter 11 Cases. Further, the Plan's classification,
indemnification, exculpation, release, and injunction provisions
have been negotiated in good faith and at arm's length, are
consistent with sections 105, 1122, 1123(b)(6), 1123(b)(3)(A),
1129, and 1142 of the Bankruptcy Code, and are each integral to the
Plan, supported by valuable consideration, and necessary for the
Debtors' successful reorganization.

The Plan also satisfies the requirements of section 1129(a)(11) of
the Bankruptcy Code. The financial projections filed with the Plan
Supplement and the other evidence supporting Confirmation of the
Plan proffered or adduced by the Debtors at or prior to the
Confirmation Hearing: (a) are reasonable, persuasive, credible, and
accurate as of the dates such analyses or evidence was prepared,
presented, or proffered; (b) utilize reasonable and appropriate
methodologies and assumptions; (c) have not been controverted by
other evidence; (d) establish that the Plan is feasible and
Confirmation of the Plan is not likely to be followed by the
liquidation, or the need for further financial reorganization of
the Reorganized Debtors or any successor to the Reorganized Debtors
under the Plan; and (e) establish that the Reorganized Debtors will
have sufficient funds available to meet their obligations under the
Plan.

The bankruptcy case is in re: TACO BUENO RESTAURANTS, INC., et al.,
Chapter 11, Debtors, Case No. 18-33678 (Jointly Administered)
(Bankr. N.D. Tex.).

A copy of the Court's Findings dated Dec. 19. 2018 is available at
https://bit.ly/2ROOBpy from Leagle.com.

Taco Bueno Restaurants, Inc., Debtor, represented by David S. Meyer
-- dmeyer@velaw.com  -- Vinson & Elkins LLP, Jessica C. Peet --
jpeet@veelaw.com -- Vinson & Elkins LLP, Matthew J. Pyeatt  --
mpyeatt@velaw.com -- Vinson & Elkins, L.L.P., Garrick Chase Smith
-- gsmith@velaw.com -- Vinson & Elkins LLP & Matthew David Struble
-- mstruble@velaw.com -- Vinson & Elkins, LLP.

United States Trustee, U.S. Trustee, represented by Stephen McKitt,
United States Trustees.

Official Committee of Unsecured Creditors, Creditor Committee,
represented by Patrick J. Carew -- pcarew@kilpatricktownsend.com --
Kilpatrick Towsend & Stockton, LLP, Gianfranco Finizio --
gfinizio@kilpatricktownsend.com -- Kilpatrick Townsend & Stockton,
LLP & David M. Posner -- dposner@kilpatricktownsend.com --
Kilpatrick Townsend & Stockton LLP.

                About Taco Bueno Restaurants

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., and its affiliates sought bankruptcy
protection on Nov. 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.

Taco Bueno Restaurants estimated assets of $10 million to $50
million and liabilities of $100 million to $500 million as of the
bankruptcy filing.

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.

The Office of the U.S. Trustee on Nov. 16, 2018, appointed five
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases.  The Committee retained Kilpatrick
Townsend & Stockton LLP, as counsel, and Province, Inc., as
financial advisor.


TAYLOR ASSOCIATES: Court Dismisses Suit vs Zamias Defendants
------------------------------------------------------------
District Judge Kim R. Gibson granted the Defendants' motion to
dismiss the case captioned FIFTH THIRD BANK, an Ohio Banking
Corporation, Plaintiff, v. THE ESTATE OF SAMUEL C. ZAMIAS,
DECEASED; KATHLEEN ZAMIAS, individually and as Executrix of the
Estate of Samuel Zamias; DAMIAN G. ZAMIAS, a resident of
Pennsylvania; STEPHEN G. ZAMIAS, a resident of Pennsylvania;
CHRISTOPHER ZAMIAS, a resident of Pennsylvania; ERIK ZAMIAS, a
resident of Pennsylvania; SAMANTHA ZAMIAS, a resident of
Pennsylvania; MICHAEL ZAMIAS, a resident of Pennsylvania;
TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY, an Iowa
Corporation; and TRANSAMERICA LIFE INSURANCE COMPANY, an Iowa
Corporation, Defendants, Case No. 3:18-cv-133 (W.D. Pa.).

Fifth Third Bank brought claims against the Zamias Defendants for
fraudulent transfer and constructive fraud under the Pennsylvania
Uniform Voidable Transactions Act (Count I) and for civil
conspiracy (Count III). Fifth Third brought a breach of fiduciary
duty claim against Defendant Kathleen Zamias, both as an individual
and as Executrix of the Estate of Samuel C. Zamias (Count II). And
finally, Fifth Third brought a claim for injunctive relief against
Defendants Transamerica Occidental Life Insurance Company and
Transamerica Life Insurance Company (Count IV).

Fifth Third financed real-estate development projects that members
of the Zamias family undertook in the mid-2000s. In April 2007,
Fifth Third loaned $20,000,000 to a Zamias-owned entity called
Taylor Associates, LP. In June 2008, Fifth Third loaned $11,400,000
to a Zamiasowned entity called Pittston Associates, LP. Certain
members of the Zamias family--George Zamias, Mariana Zamias,
Defendant Damian Zamias, Defendant Stephen Zamias, and the late
Samuel Zamias (whose estate, wife, and children are defendants in
this lawsuit)--personally guaranteed repayment of the Taylor and
Pittston Loans.

Both loans were modified and amended after their execution. Taylor
Associates, LP and Pittston Associates, LP filed for Chapter 11
bankruptcy in 2015. In 2015, the Zamias Guarantors entered into a
Deficiency Note and Settlement Agreement on the Pittston Loan. As
of June 2018, the outstanding balances of the Taylor and Pittston
Loans total more than $6,000,000.

The Third Circuit has laid out a three-prong test to analyze
whether a declaratory judgment action is ripe for adjudication.
First, courts must look to whether the parties' interests are
adverse. Second, courts must examine whether a judicial judgment
will conclusively resolve the controversy before the Court. Third,
courts must evaluate whether judgment in a case would be of
practical help or use. After analyzing these factors, the Court
finds that Fifth Third's Claims are not ripe for disposition.

Courts must also evaluate the potential hardship to the parties if
the Court withholds adjudication because a dispute is not yet ripe.
The Zamias Defendants argue that Fifth Third will not face undue
hardship if it is required to "wait until facts develop to create a
concrete controversy for adjudication or show whether the relief
sought is even necessary." Fifth Third argues, on the other hand,
that it would suffer hardship if the Court refuses to hear this
case because it will have to undertake "the burdensome, and
potentially impossible, effort it will take to unwind the
fraudulent conveyance once the Policy is paid to the Zamias
Non-Guarantors."

The Court is not persuaded that Fifth Third will face undue
hardship if the Court decides not to hear this case on ripeness
grounds. If future events require Fifth Third to protect its
interests in court, Fifth Third can bring the exact same type of
declaratory judgment action with a more fully developed factual
background. Moreover, the Court is not persuaded that it will be
impossible for Fifth Third to protect its rights if the Policy's
death benefit becomes payable. If the Taylor and Pittston Loans
have not been satisfied when the Policy's death benefit becomes
payable, Fifth Third will be able to file the same sort of
declaratory judgment action and seek a temporary restraining order
to ensure that the Policy's death benefit is not paid out
improperly.

In conclusion, the Court finds that Fifth Third's claims fail the
first, second, and possibly the third prong of the ripeness test.
Further, the Court finds that Fifth Third will not suffer undue
hardship if the Court refuses to hear this case on ripeness
grounds. Thus, this case must be dismissed because the underlying
controversy is not ripe for judicial review.

A copy of the Court's Memorandum Opinion dated Dec. 17, 2018 is
available at https://bit.ly/2SQgJ97 from Leagle.com.

FIFTH THIRD BANK, an Ohio Banking Corporation, Plaintiff,
represented by Kerri Coriston Sturm -- ksturm@bernsteinlaw.com --
Bernstein-Burkley, PC & John J. Richardson, Bernstein-Burkley,
P.C.

THE ESTATE OF SAMUEL C. ZAMIAS, DECEASED & SAMANTHA ZAMIAS, a
resident of Pennsylvania, Defendants, represented by James D.
Miller -- jmiller@babstcalland.com -- Babst Calland Clements and
Zomnir, P.C.

KATHLEEN ZAMIAS, individually and as Executrix of the Estate of
Samuel Zamias, DAMIAN G. ZAMIAS, a resident of Pennsylvania,
STEPHEN G. ZAMIAS, a resident of Pennsylvania, CHRISTOPHER ZAMIAS,
a resident of Pennsylvania, ERIK ZAMIAS, a resident of Pennsylvania
& MICHAEL ZAMIAS, a resident of Pennsylvania, Defendants,
represented by David E. White, Babst, Calland, Clements & Zomnir &
James D. Miller , Babst Calland Clements and Zomnir, P.C.

TRANSAMERICA LIFE INSURANCE COMPANY, an Iowa Corporation,
Defendant, represented by Joel C. Hopkins, Saul Ewing.

Based in Johnstown, PA, Taylor Associates, LP filed for chapter 11
bankruptcy protection (Bankr. W.D. Pa.) on May 20, 2015, with
estimated assets and liabilities at 1 million to $10 million
respectively.


THAI LEMAR: Seeks to Hire JPC Law Office as Attorney
----------------------------------------------------
Thai Lemar Inc., seeks authority from the U.S. Bankruptcy Court for
the District of Puerto Rico to employ JPC Law Office, as attorney
to the Debtor.

Thai Lemar requires JPC Law Office to:

   a. advise the Debtor with respect to its duties, powers and
      responsibilities in the case under the laws of the U.S. and
      Puerto Rico in which the debtor in possession conducts its
      Operations;

   b. advise the Debtor in connection with a determination on
      whether a reorganization is feasible and if not, help the
      Debtor in the orderly liquidation of its assets;

   c. assist the Debtor with respect to negotiations with
      creditors for the purpose of achieving a reorganization or
      an orderly liquidation;

   d. prepare necessary complaints, answers, orders, reports,
      memoranda of law and any other legal paper or document
      required in the above captioned case;

   e. appear before the Bankruptcy Court or any other court in
      which the Debtor asserts a claim, interest or defense
      related to the bankruptcy case;

   f. perform such other legal services for debtor as may be
      required in the proceeding or in connection with the
      operation of the Debtor's business including, but not
      limited to, notarial services; and

   g. employ other professional services, if necessary.

JPC Law Office will be paid at the hourly rate of $175.

JPC Law Office will be paid a retainer in the amount of $12,000.

JPC Law Office will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Jose M Prieto Carballo, partner of JPC Law Office, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

JPC Law Office can be reached at:

     Jose M Prieto Carballo, Esq.
     JPC LAW OFFICE
     P.O. Box 363565
     San Juan, PR 00936-3565
     Tel: (787) 607-2066
     E-mail: jpc@jpclawpr.com

                      About Thai Lemar Inc.

Thai Lemar, Inc., sought Chapter 11 protection (Bankr. D.P.R. Case
No. 18-07263) on Dec. 13, 2018, estimating less than $1 million in
both assets and liabilities.  Jose M. Prieto Carballo, Esq., at JPC
Law Office, serves as counsel to the Debtor.



TOP TIER: Discloses Assertions, Allegations Against Shaw's Claims
-----------------------------------------------------------------
Top Tier Site Development, LLC, and the Official Committee of
Unsecured Creditors filed a modified first amended disclosure
statement explaining their first amended joint chapter 11 plan.

The Debtor discloses that Shaw's, Inc. disputes the allegations
concerning Shaw's in this disclosure statement and denies all
liability. Nothing in the disclosure statement, or in any order
approving the disclosure statement, will, impair, limit, alter or
amend any of Shaw's, the Debtor's or its bankruptcy estate's rights
and defenses with regard to claims of the estate and the Debtor
alleged against Shaw's. Shaw's, the Debtor and its bankruptcy
estate reserve and preserve all rights, remedies, and defenses with
respect to Debtor's assertion of Shaw's Claims.

A copy of the Modified First Amended Disclosure Statement is
available at https://tinyurl.com/yby2jyeh from Pacermonitor.com at
no charge.

              About Top Tier Site Development Corp.

Top Tier Site Development, Corp. -- http://www.tt-sd.com/-- is a
full-service contracting company in Lakeville, Massachusetts, with
a focus on wireless communication, commercial and residential
construction.

Top Tier Site Development sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 17-14107) on Nov. 2,
2017.  In the petition signed by Robert Santoro, its president, the
Debtor disclosed $1.96 million in assets and $5.41 million in
liabilities.

Judge Joan N. Feeney presides over the case.

James P. Ehrhard, Esq., of Ehrhard & Associates, P.C., is the
Debtor's legal counsel. The Debtor hired Baker, Braverman &
Barbadoro, P.C., as its special counsel and T.G. Mayer & Co., PC as
its accountant.

On Jan. 12, 2018, the U.S. Trustee for the District of
Massachusetts appointed an official committee of unsecured
creditors.  The Committee retained Jeffrey D. Sternklar, LLC, as
its legal counsel.


TOPAZ SOLAR: Moody's Lowers Sr. Sec. Debt Rating to Caa2
--------------------------------------------------------
Moody's Investors Service downgraded to Caa2 from Baa2 the rating
assigned to the senior secured debt of Topaz Solar Farms LLC due
2039. The ratings are no longer under review for downgrade and the
rating outlook is negative.

RATINGS RATIONALE

The rating action is driven entirely by the expected bankruptcy
filing of Pacific Gas & Electric Company (PG&E: Caa3, negative)
which was downgraded to Caa3 on January 14, 2019 and has a negative
outlook. PG&E's credit quality serves to limit Topaz Solar's rating
since the project derives all of its revenue and cash flow under a
long-term power purchase and sales agreement (PPA) with PG&E that
expires in October 2039. Additionally, a bankruptcy filing of PG&E
is an event of default under the PPA between PG&E and Topaz and
such a default would eventually lead to an event of default under
Topaz Solar's bond indenture subject to cure periods. PG&E's
expected bankruptcy filing on or about January 29, 2019 is driven
by the company's declining financial position, and increasingly
limited flexibility as wildfire liabilities mount, collateral
posting is required, and higher investments in wildfire safety and
prevention are mandated.

The rating action also reflects an expectation of above average
recovery in the event of a default at Topaz Solar which supports
the borrower's rating above the unsecured rating of PG&E. Assuming
a default and using conservative assumptions, Moody's estimates
that the value of Topaz Solar under a new PPA priced around recent
contracted prices for renewables and termination claims under the
PPA should result in recovery well above 50% for the senior secured
debt.

Notwithstanding the factors affecting the off-taker's credit
quality, Topaz Solar's operational and financial performance is
expected to continue to remain strong if PG&E continues to honor
its contractual obligations, owing to resource production levels
generally at or above the forecasted P50 levels. Because of the
performance of the solar resource, Topaz Solar's financial
performance has historically been stronger than anticipated and the
project has achieved debt service coverage ratios (DSCR) ranging
from 1.8x to 2.0x over the last three years.

Rating Outlook

Topaz Solar's negative outlook reflects the negative outlook on
PG&E and the possibility that PG&E would seek to reject the PPA
with Topaz in a bankruptcy or would not meet its contractual
obligations.

Factors that could lead to a downgrade

Topaz Solar's rating would likely be downgraded if the PPA were
rejected or renegotiated by PG&E or if the expectations for loss
given default at Topaz were to deteriorate.

Factors that could lead to a upgrade

A revision of PG&E's outlook to stable would likely lead to a
stable rating outlook at Topaz Solar. Furthermore, while unlikely
in the near-term, Topaz's rating could be upgraded if PG&E's rating
were upgraded and if the project's operational and financial
performance remains in line with recent historical results.

Topaz Solar Farms LLC, an indirect subsidiary of Berkshire Hathaway
Energy Company (BHE, A3 stable), is a 550 MWac thinfilm
photovoltaic solar generating project in San Luis Obispo County,
California. The project was acquired in 2012 from First Solar,
Inc., who completed construction and remains responsible for
project operations and maintenance. All of the output from the
project is sold to PG&E under a PPA expiring in October 2039.

The principal methodology used in this rating was Power Generation
Projects published in June 2018.


VORAS ENTERPRISE: Jan. 23 Plan, Disclosure Statement Hearing
------------------------------------------------------------
The hearing to consider approval of the Disclosure Statement and
confirmation of the Plan of Voras Enterprise Inc., will be on Jan.
23, 2019 at 3:45 p.m., before the Honorable Nancy H. Lord, United
States Bankruptcy Judge, in Courtroom 3577 at the United States
Bankruptcy Court for the Eastern  District of New York, Conrad B.
Duberstein Courthouse, 271-C Cadman Plaza East, Brooklyn, New York
11201-1800.

The confirmation hearing has been continued to Jan. 23 at the
behest of the counsel of 619 Throop Acquisitions, LLC, the proposed
purchaser.  According to the proposed purchaser's counsel,
negotiations are still progressing relating to the various options
relating to the Brooklyn Legal Lease.

The proposed purchaser's counsel can be reached at:

     Kevin J. Nash, Esq.
     GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
     22nd Floor
     1501 Broadway
     New York, NY 10036
     Tel: (212) 221-5700
     Fax: (212) 730-4518
     Email: KNash@WFGLaw.com

                 About Voras Enterprise

Voras Enterprise Inc., a/k/a Voras Enterprises Inc., is a
nonprofit, tax-exempt corporation that provides community housing
development services within the Brooklyn, New York area.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr.
E.D.N.Y. Case No. 17-45570) on Oct. 26, 2017.  In the petition
signed by Jeffrey E. Dunston, president and CEO, the Debtor
estimated its assets and liabilities at between $1 million and $10
million.  Judge Nancy Hershey Lord presides over the case.  The
Debtor tapped DiConza Traurig Kadish LLP as legal counsel, and
Keen-Summit Capital Partners, LLC, as its real estate advisor.


VOYAGER LEARNING: Hires Lowenstein Sandler as Counsel
-----------------------------------------------------
Voyager Learning Company seeks authority from the U.S. Bankruptcy
Court for the District of New Jersey to employ Lowenstein Sandler
LLP, as counsel to the Debtor.

Voyager Learning requires Lowenstein Sandler to:

   (a) provide the Debtor with legal advice and prepare all
       necessary documents regarding debt restructuring,
       bankruptcy, and asset dispositions;

   (b) take all necessary actions to protect and preserve the
       Debtor's estates during the pendency of this Chapter 11
       Case, including the prosecution of actions on the Debtor's
       behalf, the defense of actions commenced against the
       Debtor, negotiations concerning litigation in which the
       Debtor is involved and objecting to claims filed against
       the estate;

   (c) prepare on behalf of the Debtor all necessary motions,
       applications, answers, orders, reports and papers in
       connection with the administration of the Chapter 11
       Case, including without limitation, the preparation and
       defense of retention papers and fee applications for the
       Debtor's professionals, both proposed and retained,
       including Lowenstein Sandler;

   (d) counsel the Debtor with regard to its rights and
       obligations as the Debtor in possession;

   (e) appear in Court to protect and promote the interests of
       the Debtor; and

   (f) perform all other legal services for the Debtor which may
       be necessary and proper in these proceedings and in
       furtherance of the Debtor's Chapter 11 Case.

Lowenstein Sandler will be paid at these hourly rates:

     Partners               $600 to $1,350
     Senior Counsel         $470 to $790
     Associates             $370 to $640
     Paralegals             $200 to $350

Lowenstein Sandler was paid by the Debtor in the amount of $100,000
for prepetition fees, disbursements and retainers in connection
with the Chapter 11 case.  As of the Petition Date, Lowenstein held
approximately $11,511.50 of unused retainer.

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

Andrew Behlmann, a partner at Lowenstein Sandler, 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.

Lowenstein Sandler can be reached at:

     Kenneth A. Rosen, Esq.
     Jeffrey D. Prol, Esq.
     Andrew Behlmann, Esq.
     LOWENSTEIN SANDLER LLP
     One Lowenstein Drive
     Roseland, NJ 07068
     Tel: (973) 597-2500
     Fax: (973) 597-2400

              About Voyager Learning Company

Voyager Learning Company, based in Montclair, New Jersey, is a
publisher of solutions for the education, automotive and power
equipment markets.

Voyager Learning Company, and its affiliates sought Chapter 11
protection (Bankr. D.N.J. Lead Case No. 18-26301) on Aug. 14, 2018.
In the petition signed by Scott McWhorter, general counsel, the
Debtors estimated assets and liabilities of $1 million to $10
million.  

The Hon. Stacey L. Meisel is the case judge.  

Loweinstein Sandler LLP, led by Kenneth A. Rosen, serves as counsel
to the Debtors.


WAND NEWCO: Moody's Assigns B2 Corp. Family Rating, Outlook Stable
------------------------------------------------------------------
Moody's Investors Service assigned a B2 Corporate Family Rating and
B2-PD Probability of Default Rating to Wand NewCo 3, Inc. Moody's
also assigned a B1 rating to the company's proposed $300 million
first lien revolver facility and proposed $1,850 million first lien
term loan, and a Caa1 to the proposed $600 million second lien term
loan. The rating outlook is stable.

Proceeds from the proposed debt issuance, along with new equity to
be issued, will be used to fund the merger between CH Hold Corp.
("Caliber", rated B2 stable) and Wand Intermediate I LP ("ABRA",
rated B2 stable), to refinance both companies' existing debt and to
pay related fees and expenses. Under the terms of the merger
agreement, private equity firm Hellman & Freidman LLC -- ABRA's
majority shareholder since 2014 -- will become the majority
shareholder of the combined company. Both OMERS and Leonard Green &
Partners, L.P. ("LGP") will remain significant minority
shareholders in the combined company. OMERS currently owns a
majority stake in Caliber and LGP owns a minority stake. The
ratings are subject to the execution of the proposed transaction
and Moody's receipt and review of final documentation.

"This proposed merger makes strategic sense as it combines the
number 1 and number 3 companies in the highly-fragmented auto
collision space," stated Moody's Vice President Charlie O'Shea.
"Assuming the merger is completed as proposed, the new entity will
have unmatched scale and geographic coverage, with over 1,000
locations resulting in almost nationwide coverage and over $3.2
billion in LTM revenue, as well as the additional competitive
advantage of an expanded platform of services," continued O'Shea.
"There are inherent risks in any combination of this sort, however
Moody's notes that both companies have a strong history of
executing and integrating acquisitions, and the combination creates
significant synergy opportunities."

Assignments:

Issuer: Wand NewCo 3, Inc.

Probability of Default Rating, Assigned B2-PD

Corporate Family Rating, Assigned B2

Gtd Senior Secured 1st Lien Revolving Credit Facility, Assigned B1
(LGD3)

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

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

Outlook Actions:

Issuer: Wand NewCo 3, Inc.

Outlook, Assigned Stable

RATINGS RATIONALE

Wand NewCo's B2 Corporate Family Rating reflects the company's
leading market position -- with practically national coverage - in
the highly fragmented collision repair sub-sector, and its strong
relationships with national and major insurance carriers which
represent the vast majority of its revenues. The rating also
reflects the company's credit metrics, with leverage on a
debt/EBITDA basis at 6.9x and coverage on a EBIT basis at around
1.0x for the twelve months period ending September 2018, pro forma
for the proposed merger transaction and expected synergies. Moody's
expects credit metrics to improve in the intermediate term driven
by earnings growth as the company integrates the merger, continues
to execute its footprint expansion and leverages its increased
scale. In addition, benefits from strong industry fundamentals
should continue to support stable and predictable demand for its
services. The rating incorporates both Caliber's and ABRA's
aggressive growth strategy and financial policies, as well as the
inherent integration risks that come with a transaction of this
size. Wand NewCo's liquidity profile is good, driven by positive
free cash flow before acquisitions and access to the proposed $300
million revolving credit facility.

The stable outlook reflects Moody's expectations that Wand NewCo
will successfully integrate the proposed merger and execute its
footprint expansion strategy, resulting in meaningful EBITDA growth
over the next 12-24 months. Pro forma credit metrics are estimated
to improve over the period with leverage declining below 6.5 times
and interest coverage as measured by EBITA/interest approaching 1.5
times.

Ratings could be upgraded if the company can sustainably grow its
topline and EBITDA margins resulting in debt/EBITDA around 5.5x and
EBITA/interest around 2.0 times (metrics are proforma for
acquisitions). An upgrade would also require at least a good
liquidity profile, improvement in free cash flow, and a financial
policy surrounding shareholder returns that would support credit
metrics at those levels.

Ratings could be downgraded if the company's operating performance
worsens or aggressive financial policies resulted in debt/EBITDA
sustained above 6.5 times or EBITA/interest was maintained below
1.25 times (metrics are proforma for acquisitions), or if liquidity
were to deteriorate for any reason.

Wand NewCo 3, Inc. is a leading collision repair provider with over
1,000 locations in the United States under the Caliber Collision
and ABRA Auto Body Repair of America banners, with combined LTM
revenues of over $3.2 billion. The company is majority owned by
Hellman & Freidman LLC.

The principal methodology used in these ratings was Retail Industry
published in May 2018.


WEINSTEIN COMPANY: Claim Filing Deadline Set For February 15
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware set Feb. 15,
2019, at 5:00 p.m. (ET) as last date and time for each person or
entity to file proofs of claim against The Weinstein Company
Holdings LLC and its debtor-affiliates.

Proofs of claim and requests for payment of administrative claims
must be filed on or before the applicable Bar Date either:

    i) electronically through Epiq’s website at
http://dm.epiq11.com/twc,or

   ii) physically:

       a) by first-class mail at:

          The Weinstein Company Holdings, LLC
          Claims Processing Center
          c/o Epiq Bankruptcy Solutions, LLC
          P.O. Box 4419
          Beaverton, Oregon, 97076-4419

          -- or --

       b) by overnight mail, courier service, hand delivery, or in
person at:

          The Weinstein Company Holdings, LLC
          Claims Processing Center
          c/o Epiq Bankruptcy Solutions, LLC
          10300 SW Allen Boulevard
          Beaverton, Oregon, 97005

                   About The Weinstein Company

The Weinstein Company (TWC) -- http://www.WeinsteinCo.com/-- is a
multimedia production and distribution company launched in 2005 in
New York by Bob and Harvey Weinstein, the brothers who founded
Miramax Films in 1979.  TWC also encompasses Dimension Films, the
genre label founded in 1993 by Bob Weinstein.  During Harvey and
Bob's tenure at Miramax and TWC, they have received 341 Oscar
nominations and won 81 Academy Awards.

TWC dismissed Harvey Weinstein in October 2017, after dozens of
women came forward to accuse him of sexual harassment, assault or
rape.

The Weinstein Company Holdings LLC and 54 affiliates sought Chapter
11 protection (Bankr. D. Del. Lead Case No. 18-10601) on March 19,
2018 after reaching a deal to sell all assets to Lantern Asset
Management for $310 million.

The Weinstein Company Holdings estimated $500 million to $1 billion
in assets and $500 million to $1 billion in liabilities.

The Hon. Mary F. Walrath is the case judge.

Cravath, Swaine & Moore LLP is the Debtors' bankruptcy counsel,
with the engagement led by Paul H. Zumbro, George E. Zobitz, and
Karin A. DeMasi, in New York.

Richards, Layton & Finger, P.A., is the local counsel, with the
engagement headed by Mark D. Collins, Paul N. Heath, Zachary I.
Shapiro, Brett M. Haywood, and David T. Queroli, in Wilmington,
Delaware.

The Debtors also tapped FTI Consulting, Inc., as restructuring
advisor; Moelis & Company LLC as investment banker; and Epiq
Bankruptcy Solutions, LLC, as claims and noticing agent.

The Office of the U.S. Trustee for Region 3 appointed an official
committee of unsecured creditors on March 28, 2018.  The committee
hire hired Pachulski Stang Ziehl & Jones, LLP as its legal counsel,
and Berkeley Research Group, LLC as its financial advisor.


WEINSTEIN COMPANY: MUFG, UEI Lose Summary Judgment Bid vs AIIH
--------------------------------------------------------------
In the case captioned AI INTERNATIONAL HOLDINGS (BVI) LTD.,
Plaintiff, v. MUFG UNION BANK, N.A.; as administrative and
collateral agent and UNIONBANCAL EQUITIES, INC. Defendants, Adv.
No. 18-50486 (Bankr. D. Del.), Bankruptcy Judge Mary F. Walrath
denied the Defendants' motion for summary judgment  on the
complaint filed by Plaintiff AI International Holdings, Ltd.
requesting a determination that the Defendants' claims and liens
are invalid, in whole or in part.

The Defendants contend that they are entitled to summary judgment
because (1) the Plaintiff's claims are barred by res judicata and
(2) the Plaintiff does not allege facts establishing it has an
injury in fact to support standing to challenge the extent,
validity, or amount of the Defendants' secured claims.

On March 19, 2018, Debtors The Weinstein Company Holdings, LLC, and
its affiliates, filed for relief under chapter 11 of the Bankruptcy
Code. The Plaintiffs lent $45 million to Borrower 2016, which was
secured by Company's interests in the stock of Global Film, by
Global Film's interest in distribution and exploitation rights to
certain Foreign Film Collateral, and by Holdings' membership
interests in TV. The Plaintiff filed proofs of claim asserting a
secured claim in excess of $46 million.

The Court entered a final order authorizing the Debtors to obtain
post-petition financing on April 19, 2018 (the "Final DIP Order").
The Final DIP Order authorized a DIP loan of up to $25 million
between the Debtors and MUFG, as administrative agent for itself
and the other DIP lenders. Early in the case, the Debtors sought
approval to sell substantially all of their assets to Lantern
Capital for $310 million. On April 6, 2018, the Court approved the
Debtors' proposed bidding procedures, but when no overbid was
received, the Court entered a Sale Order on May 9, 2018, confirming
the sale to Lantern.

Here, the Defendants argue that the express provisions of the Sale
Order bar the Plaintiff from challenging the allocation of the sale
proceeds set forth in the APA. They contend that the Court
specifically authorized the allocation of the sale proceeds to the
Defendants under the Sale Order.

The Court finds that even if the allocation set forth in Section
2.7 of the APA was somehow incorporated into the Sale Order by
paragraph 62 it is still limited by paragraph 8 of the Sale Order,
which unambiguously states that any amount distributed to the
pre-petition lenders pursuant to the Sale Order "shall be subject
to disgorgement to the extent any Challenge asserted in accordance
with the terms of the Final DIP Order is ultimately sustained by
the Court." To interpret section 2.7(i) of the APA and paragraph 62
of the Sale Order to prevent a party from raising a proper
challenge pursuant to the Final DIP Order would violate the
traditional canons of contract construction by nullifying paragraph
8 of the Sale Order and would indirectly modify the terms of the
Final DIP Order, without notice. Therefore, the Court concludes
that the Sale Order does not bar the Plaintiff from prosecuting its
complaint.

The Defendants further argue that the Plaintiff is barred by res
judicata from asserting its claims because of the terms of the
Final DIP Order. They contend that the Plaintiff cannot challenge
their claims or liens because it did not comply with the terms of
the Final DIP Order by performing a proper investigation and
obtaining standing to bring a challenge before filing its
complaint.

In response, the Plaintiff argues that it properly asserted a
challenge in accordance with the terms of the Final DIP Order, and
therefore res judicata cannot preclude the Plaintiff from
challenging the Defendants' claims. The Plaintiff distinguishes the
cases cited by the Defendants, noting that in each case cited by
the Defendants the challenging party either did not raise a
challenge within the time period contemplated by the order or the
order did not allow for a challenge to be brought at all. Here, on
the other hand, the Final DIP Order expressly allowed for a
challenge to be raised, and the Plaintiff raised such challenge
within the specified time limit.

The Court agrees that res judicata does not prevent the Plaintiff
from asserting its challenge. The plain language of the Final DIP
Order specifically provides for such a challenge in paragraph 16,
which states that a non-debtor party-in-interest has "[75] days
from the Petition Date . . . to investigate the validity . . . of
the Pre-Petition Liens . . . and to assert any other claims or
causes of action against the Pre-Petition Secured Parties." The
Plaintiff's complaint was filed within that time period.

A copy of the Court's Memorandum Opinion dated Dec. 20, 2018 is
available at https://bit.ly/2QHY1yN from Leagle.com.

AI International Holdings (BVI) Ltd., Plaintiff, represented by
Davis Lee Wright -- dwright@mmwr.com -- Montgomery McCracken Walker
& Rhoads LLP.

MUFG Union Bank, N.A., as administrative and collateral agent,
Defendant, represented by Sean Matthew Beach -- sbeach@ycst.com --
Young, Conaway, Stargatt & Taylor & Michael S. Neiburg --
mneiburg@ycst.com -- Young Conaway Stargatt & Taylor, LLP.

Union Bancal Equities, Inc., Defendant, represented by Sean Matthew
Beach , Young, Conaway, Stargatt & Taylor, Robert S. Brady, Young,
Conaway, Stargatt & Taylor, LLP, William B. Freeman, Katten Muchin
Rosenman LLP, Jerry L. Hall , Katten Muchin Rosenman LLP, Elizabeth
Soper Justison -- ejustison@ycst.com -- Young Conaway & Michael S.
Neiburg, Young Conaway Stargatt & Taylor, LLP.

                 About The Weinstein Company

The Weinstein Company (TWC) -- http://www.WeinsteinCo.com/-- is a
multimedia production and distribution company launched in 2005 in
New York by Bob and Harvey Weinstein, the brothers who founded
Miramax Films in 1979.  TWC also encompasses Dimension Films, the
genre label founded in 1993 by Bob Weinstein.  During Harvey and
Bob's tenure at Miramax and TWC, they have received 341 Oscar
nominations and won 81 Academy Awards.

TWC dismissed Harvey Weinstein in October 2017, after dozens of
women came forward to accuse him of sexual harassment, assault or
rape.

The Weinstein Company Holdings LLC and 54 affiliates sought Chapter
11 protection (Bankr. D. Del. Lead Case No. 18-10601) on March 19,
2018 after reaching a deal to sell all assets to Lantern Asset
Management for $310 million.

The Weinstein Company Holdings estimated $500 million to $1 billion
in assets and $500 million to $1 billion in liabilities.

The Hon. Mary F. Walrath is the case judge.

Cravath, Swaine & Moore LLP is the Debtors' bankruptcy counsel,
with the engagement led by Paul H. Zumbro, George E. Zobitz, and
Karin A. DeMasi, in New York.

Richards, Layton & Finger, P.A., is the local counsel, with the
engagement headed by Mark D. Collins, Paul N. Heath, Zachary I.
Shapiro, Brett M. Haywood, and David T. Queroli, in Wilmington,
Delaware.

The Debtors also tapped FTI Consulting, Inc., as restructuring
advisor; Moelis & Company LLC as investment banker; and Epiq
Bankruptcy Solutions, LLC as claims and noticing agent.

The Office of the U.S. Trustee for Region 3 appointed an official
committee of unsecured creditors on March 28, 2018.  The committee
hired Pachulski Stang Ziehl & Jones, LLP as its legal counsel, and
Berkeley Research Group, LLC as its financial advisor.


WELLNESS ANALYSIS: Wade Rosenburg Objects to Disclosure Statement
-----------------------------------------------------------------
Creditor Wade Rosenburg filed an objection to Wellness Analysis,
LLC's disclosure statement explaining its chapter 11 plan.

Rosenburg is a creditor of the Debtor holding an agreed judgment in
the amount of $475,000 that was entered by 680th Judicial District
Court in Collin County, Texas. Rosenburg has filed a proof of claim
in this proceeding based on this judgment in the amount of
$526,904.64 which includes pre-bankruptcy interest, attorney fees
and post-sale receivables.

Rosenburg complains that the Disclosure Statement inaccurately
portrays certain facts involved in the dispute between the Debtor
and Rosenburg. The Debtor provides a brief statement of the
business transactions between the Debtor and Rosenburg that
ultimately led to a judgment being entered against the Debtor. The
statement incorrectly describes the agreement regarding outstanding
accounts receivable of Toxicology in that not all receivables were
part of the sale. The Debtor also fails to mention that the parties
took part in a required mediation at which the Debtor agreed to
additional terms and subsequently defaulted on those terms as well.
The Debtor also fails to disclose that its President and majority
shareholder, is in a person's chapter 11 bankruptcy proceeding in
this district.

The Disclosure Statement also fails to provide a full explanation
of business events occurring prior to, and after, the Bankruptcy
case. The Disclosure Statement fails to provide adequate
information related to why the business found it necessary to file
chapter 11 bankruptcy. No financial information has been provided
to show cash flow in 2017 to the date of bankruptcy to allow
creditors to analyze the Debtor’s ability to service its existing
debt. Nor is there sufficient discussion of its sublease to Elite
Laboratory, LLC to allow creditors to analysis the only source of
income available to the Debtor in its reorganization. There are no
current accounting showing the revenue from Elite Laboratory nor
future projections to determine the Debtor’s ability to service
its debt. Additionally, the Debtor should provide a better
explanation of how it intends to overcome any factors that led to
its financial difficulty such as obtaining the necessary licenses
to conduct operations.

A copy of Rosenburg's Objection is available at
https://tinyurl.com/y987628p from Pacermonitor.com at no charge.

The Troubled Company Reporter previously reported that the Class 6
unsecured creditors will share pro rata in the unsecured creditors
pool. The Debtor will make 60 monthly payments commencing on the
Effective Date in an amount necessary to pay all allowed unsecured
creditors in full. The insider claims of Chikh will not participate
in the Class 6 creditor pool. Based upon the Proof of claim on file
and the Debtor schedules, the total Class 6 claims should not
exceed $100,000.

A full-text copy of the Disclosure Statement dated Dec. 4, 2018, is
available at:

         http://bankrupt.com/misc/txeb18-1841066-77.pdf

Counsel for Wade Rosenburg:

     John Paul Stanford, Esq.
     QUILLING, SELANDER, LOWNDS, WINSLETT & MOSER P.C.
     2001 Bryan Street, Suite 1800
     Dallas, Texas 75201
     (214) 871-2100 (Telephone)
     (214) 871-2111 (Facsimile)

                 About Wellness Analysis

Wellness Analysis LLC operates a clinical medical laboratory in
Farmer Branch, Texas.  The laboratory conducts tests on clinical
specimens to get specific information about the health of a patient
to help in diagnosing, treating and preventing diseases.

Wellness Analysis filed its voluntary petition for relief under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Tex. Case No.
18-41066) on May 24, 2018.  In the petition signed by Mustopha
Oulad Chikh, sole member, the Debtor estimated $1 million to $10
million in assets and liabilities.  Eric A. Liepins and the law
firm of Eric A. Liepins, P.C., serve as the Debtor's counsel.


WHITE TAIL AUTO: Seeks to Hire Scott B. Riddle as Legal Counsel
---------------------------------------------------------------
White Tail Auto Transport, LLC, seeks approval from the U.S.
Bankruptcy Court for the Northern District of Georgia to hire the
Law Office of Scott B. Riddle, LLC as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; conduct examinations incidental to the
administration of its Chapter 11 case; assist in the preparation of
a plan of reorganization; and provide other legal services related
to its Chapter 11 case.

Scott Riddle, Esq., managing member of the firm and the attorney
who will be handling the case, charges an hourly fee of $350.

The Debtor paid $15,000 for the services provided by the firm
before and after the filing of its case, the remaining portion of
which is being held as a retainer.  The Debtor also paid $1,717 for
the filing fee.

Mr. Riddle disclosed in a court filing that he does not and has not
represented any interest adverse to the Debtor.

The firm can be reached through:

     Scott B. Riddle, Esq.
     Law Office of Scott B. Riddle, LLC
     Tower Place 100, Suite 1800
     3340 Peachtree Road, NE
     Atlanta, GA 30326
     Phone: 404-815-0164
     Fax: 404-815-0165
     Email: scott@scottriddlelaw.com

                About White Tail Auto Transport

White Tail Auto Transport, LLC, sought protection under Chapter 11
of the Bankruptcy Code (Bankr. N.D. Ga. Case No. 19-50513) on Jan.
10, 2019.  At the time of the filing, the Debtor  estimated assets
of less than $50,000 and liabilities of less than $50,000.


WILLIAM PARKER: Court Allows GCAP Prepetition Default Interest
--------------------------------------------------------------
Bankruptcy Judge Stephani W. Humrickhouse overruled the objections
of Debtors William Douglas Parker, Jr. and Diana Lynne Parker to
Georgia Capital, LLC's claim as it relates to the accrual of
prepetition default interest and the Debtors' objection to the
Second Interim Application for Fees and Costs.

GCAP argued that no court has ever found default interest
provisions in large commercial loan agreements to be unconscionable
under North Carolina law, and instead maintains that North Carolina
law expressly allows borrowers and lenders to agree to any interest
rate they choose. In considering whether a prepayment penalty is
allowable under North Carolina law, Judge Fox compared the law
governing prepayment penalties to the law governing interest rates.
GCAP also contends that North Carolina courts have rejected the
defense of "unconscionability" related to fees and costs for loans
not limited by the usury statutes, citing Citibank, South Dakota,
N.A. v. Palma.

Under the facts of this case and with the law of the case as
established in the District Court Order, the court cannot find a
basis to disallow prepetition default interest. As stated by the
district court, that is not to say that equitable principles may
never apply to the allowance or disallowance of prepetition
interest under section 502, but in this case the Parkers have not
demonstrated that unconscionability is a defense to default
interest under North Carolina law.

The Parkers also submitted a "Further Objection to the Second
Interim Fee Application" of GCAP, which provides, "It is the
position of the Debtors that if this Court finds that all or a
portion of the loan agreement by and between [GCAP] and the Debtors
is unconscionable, then this Court should also find that it is not
appropriate for further attorney fees to be awarded based on a
contract which contains provisions that are unconscionable." No
further explanation of the Parkers' position was given.

Although the Parkers were invited to clarify their position with
respect to the basis for denial of the requested fees, they failed
to adequately do so. Accordingly, the court finds no basis to deny
the fees requested by GCAP, and the Second Interim Application for
Fees and Costs will be allowed.

The bankruptcy case is in re: WILLIAM DOUGLAS PARKER, JR. DIANA
LYNNE PARKER, Chapter 11, Debtors, Case No. 12-03128-8-SWH (Bankr.
E.D.N.C.).

A copy of the Court's Order dated Dec. 19, 2018 is available at
https://bit.ly/2AFwCs0 from Leagle.com.

William Douglas Parker, Jr., Debtor, represented by Blake P.
Barnard, Janvier Law Firm, PLLC, William F. Braziel, III , Janvier
Law Firm, PLLC, Charles M. Ivey, III , Ivey, McClellan,  Gatton &
Siegmund, LLP, William P. Janvier , Janvier Law Firm, PLLC,
Samantha Y. Moore, Janvier Law Firm, PLLC & Justine S.
O'Connor-Petts, Janvier Law Firm.

Diana Lynne Parker, Joint Debtor, represented by Blake P. Barnard,
Janvier Law Firm, PLLC, William F. Braziel, III, Janvier Law Firm,
PLLC, Charles M. Ivey, III, Ivey, McClellan, Gatton & Siegmund,
LLP, William P. Janvier, Janvier Law Firm, PLLC, Samantha Y. Moore,
Janvier Law Firm, PLLC & Justine S. O'Connor-Petts, Janvier Law
Firm.


WOODBRIDGE GROUP: $300K Sale of Sachs' Carbondale Properties Okayed
-------------------------------------------------------------------
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 Debtor Sachs Bridge Investments, LLC's
real property located at (i) 416 Crystal Canyon Drive, Carbondale,
Colorado, and (ii) 424 Crystal Canyon Drive, Carbondale, Colorado,
together with 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 Re Development Corp. for $300,000.

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

All proceeds of the Sale (net of the Broker Fees 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 Fees out
of the gross Sale proceeds by paying the Seller's Broker Fee in an
amount up to 2.5% of such proceeds and by paying the Purchaser's
Broker Fee in an amount up to 2.5% of such 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_3322_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.

Venable LLP is the Fiduciary Committee of Unitholders' legal
counsel.

Drinker Biddle & Reath LLP is counsel to the Ad Hoc Group of
Noteholders, and Conway MacKenzie, Inc., as its financial advisor.

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.


WPB HOSPITALITY: Rite A Way Buying Denver Property for $9M
----------------------------------------------------------
WPB Hospitality, LLC, asks the U.S. Bankruptcy Court for the
District of Colorado to authorize the sale of an incomplete hotel
under construction on a four-acre parcel located at 16161 E. 40th
Avenue, Denver, Colorado, to Rite A Way, LLC for $9 million.

WPB owns the subject property located in the Gateway Park business
district near Denver International Airport upon which is a
partially constructed hotel.  The construction of the hotel was
temporarily stopped due to problems with the contractor, architect
and the construction management company.

American Lending Center, LLC, whose business address is at 1 World
Trade Center, Ste. 1180, Long Beach, California, is a secured
creditor of WPB.  In 2008 Wanda Bertoia purchased the property.
Bertoia had paid approximately $2.4 million for the property in
2008.

On Nov. 1, 2018, WPB made its first post-petition interest payment
to American Lending Center, LLC ("ALC") in the amount of $35,582;
and on Dec. 3, 2018, its second in the amount of $35,685.  The
counsel for the Debtor as been advised that on Jan. 2, 2019 WPB
made its third monthly post-petition interest payment to ALC in the
amount of $35,828.

ALC had filed a Motion for Relief from the Automatic Stay on Oct.
18, 2018 asserting the within Single Asset Real Estate
reorganization was a bad faith filing and that relief from the
automatic stay should be granted.  As of the Petition date ALC
represented that the total amounts due on both Notes A and B was
$5,122,900.

The Debtor responded to ALC's Motion for Relief from Stay and
asserted that the case was not a bad faith filing and that cause
did not exist for granting relief from stay including but not
limited due to the fact that the subject property is worth
approximately $4 million more than ALC's alleged debt; that WPB has
been making monthly interest payments to ALC and that the Debtor
had additional secured or unsecured creditors that would be
foreclosed out if ALC were granted relief from the automatic stay.


A preliminary hearing was held on ALC' Motion for Relief from Stay
on Dec. 13, 2018.  Minute Order dated Dec. 13, 2018; the Court
determined that there were evidentiary issues which required
setting a final hearing on ALC's Motion for Relief from Stay.  The
final hearing on ALC's Motion for Relief from Stay is scheduled for
Jan. 4, 2019 at 9:30 a.m.

Post-petition, the Debtor employed CBRE, Inc. to market the
property.  The Application for Employment of CBRE, Inc. was filed
on Nov. 2, 2018, and the Court entered the Order approving the
application on Nov. 14, 2018.  CBRE did not actively market the
property until the Order for their employment was approved.  Since
that date, CBRE has obtained two purchase offers for the property.


The first offer is from Rite A Way, LLC for $9 million.  The offer
is essentially a cash offer and can be closed within 15 days of
Bankruptcy Court approval of a sale.

The second offer is from Brinkman Capital, LLC for a gross amount
of $9.4 million.  The Contract requires the payment of an In-House
fee to Brinkman's In-House Realtors which results in a net Contract
price of $9.237 million.

The Brinkman offer contains a longer due diligence and closing
period but is from an exceptionally viable and stable purchaser.  
The Brinkman offer provides that a closing could not take place
until after approximately 60 days including a longer due diligence
period.

The Debtor has elected to accept the offer from Right-A-Way.
Right-A-Way has formed an entity, Denver East Hospitality, LLC and
Right-A-Way, LLC desires to assign its rights pursuant to the
Contract to Denver East Hospitality, LLC in order to close and
purchase the property in the name of Denver East Hospitality, LLC.


The Contract is dated Nov. 19, 2018.  It was signed by Bertoia on
Dec. 22, 2018 on behalf of WPB.

The Contract provides, inter alia, for the following:

     a) The Purchase Price is $9 million;

     b) The Buyer has delivered $250,000 in earnest money;

     c) The Buyer will pay $8.75 million in cash at closing;

     d) The Property is being sold on as "as is" basis without
warranties or representations;

     e) The Contract provides that Buyer would like to close within
15 days after mutual execution of the Contract although the
Contract is specifically contingent upon Court approval.

     f) Any sale of the Property is subject to bankruptcy court
approval pursuant to paragraph 30 of the contract.

     g) The contract is also contingent on Court approval for the
Debtor's paying a brokerage commission of three percent (3%) of the
sales price out of the sales proceeds to Mark Darrington and Larry
Kaplan of CBRE, Inc.

The Debtor has explored alternatives to selling the property.  Its
true desire was to develop the property into a full-fledged
operating hotel.   The Debtor hoped to create a significant number
of jobs through an operating hotel.  It made significant progress
towards refinancing the project which would have facilitated
completion of the construction.   

The Debtor believes that constraints exists with the existing
financing; the relatively short time frame for refinancing; and the
construction mismanagement among other factors have mitigated in
favor of the Debtor simply selling the property.

The Debtors have obtained an Owners and Encumbrances Report from
Land Title Guaranty Co. on the subject real property.  The O&E is
dated Nov. 14, 2018.

An updated title report was obtained on the property on Dec. 11,
2018 from Fidelity National Title.

The following is the summary of alleged liens and encumbrances:

     Note A & B, DOT      ALC                       $5,310,330
     Storm Drain Lien     City & County of Denver   $      135
     Real Property Taxes  City & County of Denver   $  101,341
     Mechanic lien        Rio Grande Co.            $   53,830
     Mechanic lien        O'Brien Concrete          $   13,887
     Mechanic lien        United Rentals            $   64,467
     Mechanic lien        Redd Iron, Inc.           $   53,220
     Mechanic lien        Metro Building Products   $    4,650
     Mechanic lien        Summit Services Group     $    3,520
     Mechanic lien        HD Supply Construction    $    3,556
     Mechanic lien        Waste Connections         $    5,335
     Use Taxes            City and County of Denver $  139,394
     Total                                          $5,818,133

Pursuant to the Contract to Buy and Sell Real Estate (Commercial),
CBRE, Inc. as the Court approved realtors for the Debtor are
entitled to a 3% commission in the amount of $270,000.   The
realtor has estimated the net sale proceeds from the sale of the
subject property including payment of real estate commission,
closing costs and transactional fees (except liens or encumbrances)
to be $8.73 million.

The Debtor intends on paying the only Notes and Deeds of Trust a
total of $5 million at closing with the balance, if any, of ALC's
claim to attach to the net sale proceeds.  Similarly, the Debtor
only intends to pay the City and County of Denver's Storm Drain
Lien described below in the amount of $135.  It also intends on
paying the City and County of Denver's Secured Lien for past due
real property taxes in the amount of $101,205 for the period Jan.
1, 2017 through Dec. 31, 2017.

The Debtor believes that the remaining mechanic lien claimants and
other claims are in bona fide dispute.  Nevertheless, all net sale
proceeds will be escrowed and any of the other lien claimants
interest in the property, if any, will attach to the net sale
proceeds.  Accordingly all creditors in the within case are
protected.

The Debtor intends on filing a Motion to Shorten the Notice period
for the within Motion from 21 to 14 days.

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

    http://bankrupt.com/misc/WPB_Hospitality_123_Sales.pdf

The Purchaser:

          RITE A WAY, LLC
          1508 Stillwater Ave.
          Cheyenne, WY 82009
          Telephone: (307) 631-5080

                     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 oversees the
case.  The Debtor tapped Lindquist-Kleissler & Company, LLC, as its
legal counsel.



WYNTHROP PARTNERS: Case Summary & Unsecured Creditor
----------------------------------------------------
Debtor: Wynthrop Partners, LP
        14971 Mt. Olivet Road
        Stewartstown, PA 17363-8560

Business Description: Wynthrop Partners is a Single Asset Real
                      Estate Debtor (as defined in 11 U.S.C.
                      Section 101(51B)).  The Company owns
                      three real estate properties located in
                      Windsor Borough, Pennsylvania, having a
                      total current value of $2.25 million.

Chapter 11 Petition Date: January 17, 2019

Court: United States Bankruptcy Court
       Middle District of Pennsylvania (Harrisburg)

Case No.: 19-00197

Judge: Hon. Henry W. Van Eck

Debtor's Counsel: Brent Diefenderfer, Esq.
                  CGA LAW FIRM
                  135 North George Street
                  York, PA 17401
                  Tel: 717 848-4900
                  Fax: 717 843-9039
                  E-mail: bdiefenderfer@cgalaw.com

Total Assets: $2,345,811

Total Liabilities: $640,696

The petition was signed by Sylvia R. Barclay, managing member.

The Debtor lists The Rutt Family Sonshine, LP as its sole unsecured
creditor holding an unknown amount of claim.

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

             http://bankrupt.com/misc/pamb19-00197.pdf


                            *********

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