/raid1/www/Hosts/bankrupt/TCR_Public/190306.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, March 6, 2019, Vol. 23, No. 64

                            Headlines

1265 MCBRIDE: Exclusive Plan Filing Period Extended Until June 18
7215 N OAKLEY: Judge Extends Exclusive Filing Period to April 30
ACHAOGEN INC: Armistice Owns 4.9% Stake as of Feb. 15
ACHAOGEN INC: Robert Duggan Has 14.9% Stake as of Feb. 25
AGILE THERAPEUTICS: Will Raise $7.8-Mil. Through Private Placement

ALGODON GROUP: Receives Notice of Allowance on Trademark Filing
ALTA MESA: S&P Cuts ICR to CCC- on Limited Liquidity, Outlook Neg.
APPLESPRINGS INC: Exclusive Filing Period Extended Until April 3
ARSHAM METAL: Case Summary & 20 Largest Unsecured Creditors
BLACK RIDGE: Perkins Capital Owns 6.3% Stake as of Dec. 31

BRISTOW GROUP: Moody's Lowers CFR to 'Caa2', Outlook Still Negative
CADIZ INC: Odey Asset Entities Have 3.3% Stake as of Dec. 31
CALIFORNIA RESOURCES: S&P Affirms 'CCC+' ICR, Outlook Negative
CELADON GROUP: Towle & Co. Has 9.7% Stake as of Dec. 31
CHILTON COUNTY HCA: Fitch Keeps 2015A Sales Tax Bonds on Watch Neg.

COCRYSTAL PHARMA: OPKO Health Has 8.9% Stake as of Dec. 31
COMSTOCK RESOURCES: Reports 109% Growth in Proved Oil & Gas Reserve
CORAL POINTE: Seeks to Extend Exclusivity Period to May 25
CREDIT ACCEPTANCE: S&P Rates New $400MM Sr. Unsecured Notes 'BB'
DATACOM SYSTEMS: Seeks to Extend Exclusive Filing Period to May 27

EASTMAN KODAK: Southeastern Asset Reports 30.4% Equity Stake
ELEMENTS BEHAVIORAL: Sets Sale Procedures for De Minimis Assets
EVERGREEN STABLES: Case Summary & 5 Unsecured Creditors
GAP INC: S&P Places BB+ ICR on Watch Negative on Old Navy Spinoff
GOGO INC: Stelliam Has 9.5% Equity Stake as of Dec. 31

GOODWILL INDUSTRIES: Files Chapter 11 Plan of Reorganization
GYMBOREE CORP: Enters Into Asset Purchase Agreement
GYMBOREE GROUP: The Gap & TCP Brands Emerge as Successful Bidders
HEKMATJAH FAMILY: Taps BRC Advisors as Real Estate Broker
HOUSE OF FLOORS: Exclusive Filing Period Extended Until March 29

INPIXON: CVI Investments Has 4.9% Stake as of Dec. 31
JACK DEPONT: Irving Buying Shady Side Property for $180K
JASMEN CORPORATION: Cvase Summary & 16 Unsecured Creditors
JOHNSON CONTROLS: Fitch Assigns B+ First-Time IDR, Outlook Stable
JOSE M. MONTALVO: Castillo Buying Raymondville Property for $18K

KINGS AUTO: Selling Overland Park Personal Property for $160K
KINGS REAL: Selling Overland Park Real Property for $1.2M
KONA GRILL: Renaissance Technologies Has 6.5% Stake as of Dec. 31
KONA GRILL: Richard Hauser Has 4.8% Stake as of Dec. 31
MAGELLAN HEALTH: S&P Lowers ICR to 'BB+' on Earnings Deterioration

MARRONE BIO: Van Herk Investments Holds 9.9% Stake as of Feb. 21
MCP REAL ESTATE: Simons Buying 7-Acre Clarksburg Parcel for $335K
MICROVISION INC: AWM Investment Has 8.1% Stake as of Dec. 31
NEIMAN MARCUS: S&P Downgrades ICR to 'CC' on Distressed Exchange
NEONODE INC: AWM Investment Has 9.4% Stake as of Dec. 31

NEOVASC INC: Tiara Featured in Update Presentation at the CRT 2019
NEW TRINITY COAL: Case Summary & 20 Largest Unsecured Creditors
NVA HOLDINGS: S&P Affirms 'B' ICR on Strong Growth, Outlook Stable
OMEROS CORP: Incurs $126.8 Million Net Loss in 2018
ONE CALL: S&P Raises Long-Term ICR to 'CCC', Outlook Negative

POP'S PAINTING: Exclusive Filing Period Extended Until April 1
PROPEL SCHOOLS, CA: S&P Alters Revenue Bond Outlook to Negative
R & B SERVICES: Exclusive Plan Filing Period Extended to April 22
REPUBLIC METALS: Exclusive Plan Filing Period Extended Until May 1
REPUBLIC METALS: Proposes Sale of Remaining Assets

RESOLUTE ENERGY: Monarch Alternative Ceases to be a Shareholder
SALLE FAMILY: Salle Buying Newland Property for $515K
SAN JACINTO VENTURES: Voluntary Chapter 11 Case Summary
SHOE SHIELDS: Trustee Seeks to Hires Quilling Selander as Counsel
SPANISH BROADCASTING: HCN & Bardin Own 9.8% of Class A Shares

STEELE AVIATION: Seeks to Hire Louis J. Esbin as Counsel
SYNERGY PHARMACEUTICALS: $200M Assets Sale to Bausch Health Okayed
SYNERGY PHARMACEUTICALS: Files 2nd Amended Plan
TEREX CORP: Moody's Rates $200MM Incremental Term Loan B-1 'Ba2'
THINGS REMEMBERED: Designates Enesco as Successful Bidder

TRAILSIDE LODGING: Seeks to Hire Whiteford Taylor as Counsel
TRIDENT HOLDING: Seeks to Hire Ankura as Financial Advisor
TRIDENT HOLDING: Seeks to Hire PJT Partners as Investment Banker
TRIDENT HOLDING: Seeks to Hire Skadden Arps as Counsel
TRUGREEN LIMITED: Moody's Affirms B2 CFR & Rates 1st Lien Loans B1

U & J CAFE: Selling Large Portion of Restaurant Assets for $140K
UNITI GROUP: Commences Process to Seek Credit Agreement Amendment
UNITI GROUP: Delays Annual Report After Windstream's Bankruptcy
VIDEOLOGY INC: Seeks to Extend Exclusive Filing Period to June 4
WESTERN COMMUNICATIONS: Hires Grove Mueller as Accountant

WESTWIND MANOR: Case Summary & 40 Largest Unsecured Creditors
WILLIAM PERTL: Proposes an Auction of All Real/Personal Properties
WINDSTREAM HOLDINGS: Gets Access to $400M in Interim Financing
XENETIC BIOSCIENCES: Signs Deal to Acquire Innovative CAR T
[*] Chad Dale Joins Proskauer's Corporate Department as Partner


                            *********

1265 MCBRIDE: Exclusive Plan Filing Period Extended Until June 18
-----------------------------------------------------------------
Judge John Sherwood of the U.S. Bankruptcy Court for the District
of New Jersey extended the period during which 1265 McBride Ave.,
LLC has the exclusive right to file a Chapter 11 plan through June
18, and to solicit acceptances for the plan through August 16.

Thomas O'Beirne, member of 1265 McBride, previously disclosed in a
court filing that efforts to market the company's real property for
sale have not been successful enough and that if the property is
not sold, the plan will be funded with a new capital contribution
from him. Mr. O'Beirne, however, expressed belief that a sale of
the property is still possible.  If sold, the company will be able
to pay in full the mortgage claim and the remaining claims against
its bankruptcy estate, he said.  

                      About 1265 McBride Ave.

1265 McBride Ave. LLC owns a real property located at 1265-1267
McBridge Avenue Woodland Park, New Jersey, having an appraised
value of $6.63 million.

1265 McBride sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.N.J. Case No. 18-22659) on June 22, 2018.  In the
petition signed by Thomas J. O'Beirne, sole member, the Debtor
disclosed $6.65 million in assets and $6.67 million in liabilities.
Judge John K. Sherwood presides over the case.  

The Debtor tapped Rabinowitz, Lubetkin & Tully, LLC as legal
counsel; Steven A. Reiss & Company, LLC as accountant; and USA Tax
Appeals LLC as appraiser.


7215 N OAKLEY: Judge Extends Exclusive Filing Period to April 30
----------------------------------------------------------------
Judge Deborah Thorne of the U.S. Bankruptcy Court for the Northern
District of Illinois extended the period during which 7215 N
Oakley, LLC has the exclusive right to file a Chapter 11 plan
through April 30, and to solicit acceptances for the plan through
May 30.

The bankruptcy judge set a hearing to determine the value of 7215 N
Oakley's property for April 15, at 10:00 a.m.

                        About 7215 N Oakley

7215 N Oakley LLC is an Illinois limited liability corporation with
its principal offices located at 30 Coventry Road, Northfield,
Illinois 60093.  7215 N Oakley listed its business as Single Asset
Real Estate (as defined in 11 U.S.C. Section 101(51B)).

7215 N Oakley filed a Chapter 11 petition (Bankr. N.D. Ill. Case
No. 18-07309) on March 14, 2018.  In the petition signed by Nick
Stein, manager, the Debtor estimated both assets and liabilities of
at least $10 million.  The case is assigned to Judge Deborah L.
Thorne.  Robert W Glantz, Esq., at Shaw Fishman Glantz & Towbin
LLC, is the Debtor's counsel.


ACHAOGEN INC: Armistice Owns 4.9% Stake as of Feb. 15
-----------------------------------------------------
Armistice Capital, LLC, Armistice Capital Master Fund Ltd., and
Steven Boyd disclosed in a Schedule 13G filed with the Securities
and Exchange Commission that as of Feb. 15, 2019, they beneficially
own 3,178,884 shares of common stock of Achaogen, Inc., which
represents 4.99 percent of the shares outstanding.   A full-text
copy of the regulatory filing is available for free at:
https://is.gd/8IPK0h

                      About Achaogen, Inc.

South San Francisco, California-based Achaogen, Inc. --
http://www.achaogen.com/-- is a biopharmaceutical company
committed to the discovery, development, and commercialization of
novel antibacterials to treat multi-drug resistant gram-negative
infections.  Achaogen's first commercial product is ZEMDRI, for the
treatment of adults with complicated urinary tract infections,
including pyelonephritis.  The Achaogen ZEMDRI program was funded
in part with federal funds from the Biomedical Advanced Research
and Development Authority (BARDA).  The Company is currently
developing C-Scape, an orally-administered
beta-lactam/beta-lactamase inhibitor combination, which is also
supported by BARDA. C-Scape is investigational, has not been
determined to be safe or efficacious, and has not been approved for
commercialization.

Achaogen incurred a net loss of $125.6 million in 2017, a net loss
of $71.22 million in 2016, and a net loss of $27.09 million in
2015.  As of Sept. 30, 2018, Achaogen had $97.30 million in total
assets, $62.51 million in total liabilities, $10 million in
contingently redeemable common stock, and $24.78 million in total
stockholders' equity.

As of Sept. 30, 2018, the Company had working capital of $41.0
million and unrestricted cash, cash equivalents and short-term
investments of $58.2 million. On Nov. 5, 2018, the Company
announced that it has begun a review of strategic alternatives to
maximize shareholder value, including but not limited to the
potential sale or merger of the Company or its assets.  The Company
may be unable to identify or execute such strategic alternatives
for it, and even if executed such strategic alternatives may not
enhance stockholder value or its financial position. The Company
also announced on Nov. 5, 2018 a restructuring of its organization
to preserve cash resources which is expected to reduce total
operating expenses by approximately 35-40 percent, excluding
one-time charges.  The restructuring is expected to be largely
completed before the end of 2018.  The restructuring is designed to
focus the Company's cash resources on the continued successful
launch of ZEMDRI and advancing C-Scape. These estimates are subject
to a number of assumptions, and actual results may differ.  The
Company may also incur additional costs not currently contemplated
due to events that may occur as a result of, or that are associated
with, the restructuring.

"Based on our available cash resources, which exclude restricted
cash and $25.0 million which will be collateralized in connection
with the SVB Loan Agreement if our cash balance falls below a
certain threshold, we believe we have sufficient funds to support
current planned operations through the middle of the first quarter
of 2019.  This condition results in the assessment that there is
substantial doubt about our ability to continue as a going
concern," the Company said in its Quarterly Report for the period
ended Sept. 30, 2018.


ACHAOGEN INC: Robert Duggan Has 14.9% Stake as of Feb. 25
---------------------------------------------------------
In a Schedule 13D/A filed with the Securities and Exchange
Commission, these entities reported beneficial ownership of shares
of common stock of Achaogen, Inc. as of Feb. 25, 2019:

                                       Shares       Percent
                                     Beneficially     of
   Reporting Person                     Owned        Class
   ----------------                  ------------  -----------
Robert W. Duggan                      9,389,734       14.9%
Genius Inc.                              72,170    Less Than 1%
Blaze-On Corporation                     30,000    Less Than 1%
Robert W. Duggan Foundation             100,255    Less Than 1%

The aggregate percentage of Shares reported owned by each of the
Reporting Persons is based on 63,206,001 Shares outstanding, as of
Feb. 22, 2019, which is the total number of Shares outstanding as
advised by the Issuer on Feb. 25, 2019.

As of the close of business on Feb. 25, 2019, Mr. Duggan directly
owned 9,187,309 Shares.  As the sole shareholder of Genius Inc.,
Mr. Duggan may be deemed the beneficial owner of the 72,170 Shares
owned by Genius Inc.  As the sole officer and sole director of
Blaze-On, Mr. Duggan may be deemed the beneficial owner of the
30,000 Shares owned by Blaze-On.  As the President of RWD
Foundation, Mr. Duggan may be deemed the beneficial owner of the
100,255 Shares owned by RWD Foundation.

A full-text copy of the regulatory filing is available for free at:
https://is.gd/dlTuPO

                       About Achaogen, Inc.

South San Francisco, California-based Achaogen, Inc. --
http://www.achaogen.com/-- is a biopharmaceutical company
committed to the discovery, development, and commercialization of
novel antibacterials to treat multi-drug resistant gram-negative
infections.  Achaogen's first commercial product is ZEMDRI, for the
treatment of adults with complicated urinary tract infections,
including pyelonephritis.  The Achaogen ZEMDRI program was funded
in part with federal funds from the Biomedical Advanced Research
and Development Authority (BARDA).  The Company is currently
developing C-Scape, an orally-administered
beta-lactam/beta-lactamase inhibitor combination, which is also
supported by BARDA. C-Scape is investigational, has not been
determined to be safe or efficacious, and has not been approved for
commercialization.

Achaogen incurred a net loss of $125.6 million in 2017, a net loss
of $71.22 million in 2016, and a net loss of $27.09 million in
2015.  As of Sept. 30, 2018, Achaogen had $97.30 million in total
assets, $62.51 million in total liabilities, $10 million in
contingently redeemable common stock, and $24.78 million in total
stockholders' equity.

As of Sept. 30, 2018, the Company had working capital of $41.0
million and unrestricted cash, cash equivalents and short-term
investments of $58.2 million. On Nov. 5, 2018, the Company
announced that it has begun a review of strategic alternatives to
maximize shareholder value, including but not limited to the
potential sale or merger of the Company or its assets.  The Company
may be unable to identify or execute such strategic alternatives
for it, and even if executed such strategic alternatives may not
enhance stockholder value or its financial position. The Company
also announced on Nov. 5, 2018 a restructuring of its organization
to preserve cash resources which is expected to reduce total
operating expenses by approximately 35-40 percent, excluding
one-time charges.  The restructuring is expected to be largely
completed before the end of 2018.  The restructuring is designed to
focus the Company's cash resources on the continued successful
launch of ZEMDRI and advancing C-Scape. These estimates are subject
to a number of assumptions, and actual results may differ.  The
Company may also incur additional costs not currently contemplated
due to events that may occur as a result of, or that are associated
with, the restructuring.

"Based on our available cash resources, which exclude restricted
cash and $25.0 million which will be collateralized in connection
with the SVB Loan Agreement if our cash balance falls below a
certain threshold, we believe we have sufficient funds to support
current planned operations through the middle of the first quarter
of 2019.  This condition results in the assessment that there is
substantial doubt about our ability to continue as a going
concern," the Company said in its Quarterly Report for the period
ended Sept. 30, 2018.


AGILE THERAPEUTICS: Will Raise $7.8-Mil. Through Private Placement
------------------------------------------------------------------
Agile Therapeutics, Inc., has entered into a definitive stock
purchase agreement with Perceptive Advisors, LLC, for the private
placement of approximately 8.4 million shares of common stock at
$0.93 per share, resulting in expected gross proceeds of
approximately $7.8 million.  The price per share is at least equal
to the lower of (i) the closing price per share of the Company's
common stock (as reflected on Nasdaq.com) as of the close of the
trading day immediately prior to the execution of the purchase
agreement; or (ii) the average closing price per share of our
common stock (as reflected on Nasdaq.com) for the five trading days
immediately prior to the execution of the purchase agreement. The
private placement is expected to close on or about March 4, 2019
subject to customary closing conditions.

"We are very pleased to have completed this private placement and
with the vote of confidence from Perceptive," said Al Altomari,
chairman and chief executive officer.  "This financing provides us
with the resources necessary to pursue approval of our lead product
candidate, Twirla."

Agile Therapeutics plans to use the net proceeds of the offering to
fund working capital and general corporate purposes.

                     About Agile Therapeutics

Agile Therapeutics, headquartered in Princeton, New Jersey --
http://www.agiletherapeutics.com/-- is a forward-thinking women's
healthcare company dedicated to fulfilling the unmet health needs
of today's women.  The Company's product candidates are designed to
provide women with contraceptive options that offer freedom from
taking a daily pill, without committing to a longer-acting method.
Its lead product candidate, Twirla, (ethinyl estradiol and
levonorgestrel transdermal system), also known as AG200-15, is a
once-weekly prescription contraceptive patch that has completed
Phase 3 trials.  Twirla is based on Agile's proprietary transdermal
patch technology, called Skinfusion, which is designed to provide
advantages over currently available patches and is intended to
optimize patch adhesion and patient wearability.

The report from the Company's independent accounting firm Ernst &
Young LLP, the Company's auditor since 2010, 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, has experienced delays in the
approval of its product candidate and has stated that substantial
doubt exists about the Company's ability to continue as a going
concern.

Agile reported a net loss of $28.30 million in 2017, a net loss of
$28.74 million in 2016 and a net loss of $30.33 million in 2015. As
of Sept. 30, 2018, Agile Therapeutics had $31.59 million in total
assets, $8.41 million in total current liabilities and $23.18
million in total stockholders' equity.


ALGODON GROUP: Receives Notice of Allowance on Trademark Filing
---------------------------------------------------------------
Algodon Group, Inc. has been granted a Notice of Allowance from the
United States Patent and Trademark Office for the trademark filing
of Gaucho - Buenos Aires, the new luxury, fashion, and leather
accessories direct to consumer brand (GauchoBuenosAires.com) based
in Argentina.  The U.S. trademark filing covers goods and services
such as apparel, leather accessories and other products, jewelry,
cosmetic fragrances and home goods.

Gaucho – Buenos Aires is scheduled to premiere its Winter fashion
show at the prestigious Designers BA (Buenos Aires' own "fashion
week") on March 18, 2019.  The event and exclusive runway show will
feature social media influencers and television stars from the U.S.
and Argentina.

Founded by entrepreneur Scott Mathis and headed up by Argentine
designers Santiago Gallo and Carmen Vils, Gaucho + Buenos Aires
blends the quality of a bygone era with a sophisticated, modern,
global outlook.  The brand's beautifully handcrafted clothing and
accessories herald the birth of Argentina's finest designer label.
Gaucho – Buenos Aires's premier Resort Collection debuted to
fashion industry media at Algodon Mansion in Buenos Aires in
October 2018.

Gaucho - Buenos Aires embodies the spirit of Argentina -- its grand
history, its folklore and its revival as a global center of luxury.
Inspired by the sophisticated elegance of the great European
maisons, Gaucho - Buenos Aires is also rooted in the traditions of
native, nomadic culture.  With its ambitious couture, ready-to-wear
and high-street fashion offering, this is the brand in which
Argentine luxury finds its contemporary expression.

"We are so excited to take this next step towards our objective of
becoming the top luxury, fashion and leather accessories brand in
Argentina," said Scott Mathis, Algodon's founder, chairman and CEO.
"We anticipate that our e-commerce platform will be ready to go
live in just a few weeks, after a brief soft launch for our
shareholders.  Thanks to the hard work and extraordinary talent of
our young Argentine designers, Santiago Gallo and Carmen Vils, we
will soon be ready for our premiere on the world stage."

Established in Buenos Aires, the Gaucho story is one of impeccable
timing.  Once dubbed the Paris of South America for its exquisite
Belle Epoque style, the city is thriving again and entering a new
golden age.  The time is ripe for Buenos Aires to align itself with
Milan, New York, Paris and London as a global fashion capital, and
Gaucho - Buenos Aires will be its bold ambassador.

Gaucho's goal is to reintroduce the world to the grandeurs of the
city's elegant past, intertwined with an altogether deeper cultural
connection: the strength, honor and integrity of the Gaucho.  Seen
in the intricate stitching of handmade leather, or the exquisite
workmanship of an embossed belt buckle, "Gaucho" style is a
world-renowned symbol of Argentine craftsmanship. Blending the
quality of a bygone era with a sophisticated, modern, global
outlook, the brand's beautifully handcrafted clothing and
accessories herald the birth of Argentina's finest designer label.

                      About Algodon Group

Through its wholly-owned subsidiaries, Algodon Group, Inc.,
formerly known as Algodon Wines & Luxury Development Group, Inc.
-- http://www.algodongroup.com/-- invests in, develops and
operates real estate projects in Argentina.  Based in New York,
Algodon operates a hotel, golf and tennis resort, vineyard and
producing winery in addition to developing residential lots located
near the resort.  The activities in Argentina are conducted through
its operating entities: InvestProperty Group, LLC, Algodon Global
Properties, LLC, The Algodon - Recoleta S.R.L, Algodon Properties
II S.R.L., and Algodon Wine Estates S.R.L. AWLD distributes its
wines in Europe through its United Kingdom entity, Algodon Europe,
LTD.

Algodon Wines reported a net loss attributable to common
stockholders of $8.25 million for the year ended Dec. 31, 2017,
compared to a net loss attributable to common stockholders of
$10.04 million for the year ended Dec. 31, 2016.  As of Sept. 30,
2018, Algodon Group had $5.26 million in total assets, $4.89
million in total liabilities, $9.02 million in series B convertible
redeemable preferred stock, and a total stockholders' deficiency of
$8.65 million.

Marcum LLP, in New York, the Company's auditor since 2013, issued a
"going concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2017, citing that the
Company 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.


ALTA MESA: S&P Cuts ICR to CCC- on Limited Liquidity, Outlook Neg.
------------------------------------------------------------------
S&P Global Ratings on March 4 lowered the issuer credit ratings on
Houston-based oil and gas exploration and production company Alta
Mesa Resources Inc. and its subsidiary Alta Mesa Holdings L.P. to
'CCC-' from 'CCC+'.

S&P also lowered its issue–level rating on Alta Mesa Holdings'
senior unsecured debt to 'CCC-' from 'CCC+'.

The downgrade reflects S&P's view of Alta Mesa Resources' recent
announcement that it is expected to take a $3.1 billion impairment
charge and that it has increased borrowings on its RCF(revolving
credit facility) to $278 million.  These events follow a 2019
capital expenditure announcement that Alta Mesa will be making
significant cuts to production, as well as delaying the release of
its annual report.

"Given current commodity prices, these factors put stress on Alta
Mesa's $500 million bond pricing and, we believe, put the company
at risk of a distressed debt exchange within the next six months
through which noteholders will receive significantly less than par
value," S&P said.

Furthermore, S&P believes Alta Mesa could struggle to maintain
sufficient financial performance and liquidity. The company's 2019
strategy outlined by its new management team shows significant
decrease in capital expenditures to roughly $270 million(combined
for both upstream and midstream) as well as production at 30,000
barrels of oil equivalent per day. These factors, along with
depleting availability on the Alta Mesa Holdings revolving credit
facility, heighten S&P's concern regarding Alta Mesa's liquidity.
S&P forecasts that Alta Mesa requires the remaining availability of
the aforementioned revolver to fund its operations, as opposed to
having the capability to operate within operating cash flows. The
resulting increase in debt would result in diminished leverage
covenant headroom, and any additional unforeseen negative events
could cause Alta Mesa to breach this covenant, according to S&P.

"The negative outlook on Alta Mesa reflects the possibility of the
company participating in a distressed exchange that causes us to
downgrade its issuer credit rating to 'SD' due to our view that a
selective default has occurred. This, along with growing liquidity
and covenant headroom concerns, suggests that the company's
operational and financial performance may deteriorate further if
Alta Mesa cannot fund its operations at a sustainable level through
cash flow generation," S&P said.

S&P said it could lower the rating if Alta Mesa participates in a
debt exchange  for its $500 million senior unsecured notes that is
for less than par value.

"We could raise our ratings on Alta Mesa if the company  outlines a
strategy that will support a sustainable level of development
activity and if it achieves sufficient liquidity. We expect this
would require the company to provide modest  production growth
under our base-case assumptions," S&P said.  "Additionally, we
would also need to be confident that the company would not
undertake a potential distressed exchange or other similar
transaction." S&P said that in order for it to raise the rating,
these actions would likely need to occur in concert with a more
modest financial strategy and improving market conditions.


APPLESPRINGS INC: Exclusive Filing Period Extended Until April 3
----------------------------------------------------------------
Judge Carlota Bohm of the U.S. Bankruptcy Court for the Western
District of Pennsylvania extended the period during which
AppleSprings, Inc. has the exclusive right to propose a Chapter 11
plan of reorganization and disclosure statement to April 3.

AppleSprings previously disclosed in court filings that the
additional extension was necessary, pointing out that the company
recently had a deal approved to sell most of its assets which, if
closed, would materially affect the direction of its bankruptcy
case.

                     About AppleSprings Inc.

AppleSprings Inc., doing business as DQ Grill & Chill, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Pa.
Case No. 18-22312) on June 7, 2018.  In the petition signed by
Douglas J. Zappi, president, the Debtor estimated assets of less
than $1 million and liabilities of less than $1 million.  Judge
Carlota M. Bohm presides over the case.  The Debtor tapped Robert O
Lampl Law Office as its legal counsel.  No official committee of
unsecured creditors has been appointed in the Chapter 11 case.


ARSHAM METAL: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Arsham Metal Industries, Inc.
           aka Arsham Aluminum Alloys
        11280 Charles Road
        Houston, TX 77041

Business Description: Arsham Metal Industries, Inc. is a full
                      service scrap metal processing and
                      recycling company based in Houston, Texas.
                      The company provides copper, brass, lead,
                      iron, steel, and brass recycling and
                      processing services.

Chapter 11 Petition Date: March 4, 2019

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Case No.: 19-31268

Judge: Hon. David R. Jones

Debtor's Counsel: Melissa Anne Haselden, Esq.
                  HOOVER SLOVACEK LLP
                  Galleria II Tower
                  5051 Westheimer, Suite 1200
                  Houston, TX 77056
                  Tel: 713.977.8686
                  Fax: 713.977.5395
                  E-mail: Haselden@hooverslovacek.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jeffery Arsham, chief operating
officer.

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

           http://bankrupt.com/misc/txsb19-31268.pdf


BLACK RIDGE: Perkins Capital Owns 6.3% Stake as of Dec. 31
----------------------------------------------------------
Perkins Capital Management, Inc. disclosed in a Schedule 13G/A
filed with the Securities and Exchange Commission that as of Dec.
31, 2018, it beneficially owns 30,021,032 shares of common stock
(includes 29,976,032 common equivalents and 45,000 warrants
exercisable within 60 days) of Black Ridge Oil & Gas, which
represents 6.3 percent of the shares outstanding.  A full-text copy
of the regulatory filing is available for free at:
https://is.gd/0jS7L4

                      About Black Ridge

Black Ridge Oil & Gas -- http://www.blackridgeoil.com/-- is a
company focused on acquiring, investing in, and managing the oil
and gas assets for its partners.  The Company continues to pursue
asset acquisitions in all major onshore unconventional shale
formations that may be acquired with capital from its existing
joint venture partners or other capital providers.  Black Ridge is
based in Minneapolis, Minnesota.

M&K CPAS, PLLC, the Company's auditor since 2010, issued a "going
concern" qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2017, stating that the
Company suffered a net loss from operations and negative cash flows
from operations, which raise substantial doubt about its ability to
continue as a going concern.

Black Ridge reported a net loss attributable to the Company of
$392,529 in 2017 following net income attributable to the Company
of $29.94 million in 2016.  As of Sept. 30, 2018, the Company had
$142.8 million in total assets, $447,029 in total liabilities,
$140.2 million in redeemable non-controlling interest, and $2.18
million in total stockholders' equity.


BRISTOW GROUP: Moody's Lowers CFR to 'Caa2', Outlook Still Negative
-------------------------------------------------------------------
Moody's Investors Service downgraded Bristow Group Inc.'s Corporate
Family Rating (CFR) to Caa2 from B3, Probability of Default Rating
(PDR) to Caa2-PD from B3-PD, senior secured rating to Caa1 from B2,
and senior unsecured notes to Caa3 from Caa2. The Speculative Grade
Liquidity Rating was downgraded to SGL-4 from SGL-3. The rating
outlook remains negative.

"The downgrade reflects Bristow's declining liquidity and continued
weak financial performance, management's determination of material
weakness in internal controls over financial reporting, as well the
elevated default risk posed by possible non-financial covenant
violation and debt reclassification that may occur if the company
is unable to successfully assess its historical compliance with
covenants or obtain necessary waivers," said Sajjad Alam, Moody's
Senior Analyst. "While the company has asserted that it is not
aware of any non-compliance in its secured financing and helicopter
lease agreements that have not been cured or waived, it is unclear
how long it will take to complete management's review of existing
processes and controls and remedy the internal control deficiency,
when Bristow will be able to complete its assessments and obtain
any necessary waivers from various lenders and lessors as they work
through this matter with its auditor, and whether Bristow will be
able to produce financial statements within a reasonable timeframe
without adverse or qualifying statements from its auditor."

Issuer: Bristow Group Inc.

Downgraded:

  - Corporate Family Rating, Downgraded to Caa2 from B3

  - Probability of Default Rating, Downgraded to Caa2-PD from
B3-PD

  - Senior Secured Rating, Downgraded to Caa1 (LGD3) from B2
(LGD3)

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

  - Speculative Grade Liquidity Rating, Downgraded to SGL-4 from
SGL-3

Outlook:

  - Maintain Negative Outlook

RATINGS RATIONALE

Bristow's Caa2 CFR reflects its very high financial leverage and
the associate debt service cost; elevated default risk due to
delayed financial reporting, potential non-financial covenant
violation, and the uncertainty around the company's ability to
continue as a going concern; and persistent negative free cash flow
generation that continues to drain liquidity. If the company's
auditor includes a "going concern" statement in the annual 10-K
filing, it would trigger an "Event of Default" under Bristow's
certain secured equipment financings. The rating also considers the
poor outlook for the offshore oil and gas industry, and Moody's
expectation of persistent pricing pressure due to industry-wide
helicopter overcapacity. Moody's expects negative free cash flow
generation to continue through fiscal 2020 leaving very limited
cash cushion in early 2020 unless the company is able to execute
assets sales or raise funding through other means. Bristow's
ratings are supported by its global scale, leading market position
in the offshore helicopter services industry, long-term and
non-cyclical search and rescue (SAR) contract with the UK
government, large and modern fleet of mostly owned aircraft,
contractual relationship with a diverse group of oil and gas
customers, and consistent commitment to safety.

Financial leverage will remain elevated around 7x through fiscal
2020 and additional projected negative free cash flow will further
stress liquidity. The company has not filed its fiscal third
quarter 2019 financials on due date and management has concluded
that there is "material weakness" in internal controls involving
certain non-financial covenants of its secured financing and lease
agreements.

Bristow's liquidity is weak, which is reflected in the SGL-4
rating. Despite cutting capex, Bristow could still generate $70-$80
million of negative free cash flow in fiscal 2020. As of December
31, 2018, Bristow had $231 million of balance sheet cash and $6
million of availability under its ABL facility, but Moody's
estimates total liquidity would be lower following the $20 million
breakup fee payment to Columbia Helicopters (unrated) and likely
negative free cash flow generation since December 31. Bristow has
been returning leased helicopters and selling unencumbered
helicopters to boost liquidity, but it has been a slow process thus
far.

Bristow's senior notes are rated Caa3, one notch below the Caa2 CFR
given the significant amount of secured debt in the capital
structure. The secured term loan is rated one notch above the CFR
at Caa1 because of their priority-claim to Bristow's assets in a
potential default scenario. Moody's Loss Given Default Methodology
indicates a two notch separation between the CFR and the secured
notes, but Moody's believes that the assigned Caa1 rating is more
appropriate given that secured lenders do not have an all-asset
pledge reducing potential recoveries in the event of a default.

The negative outlook reflects Bristow's declining liquidity,
projected negative free cash flow generation and the elevated risk
of default. A downgrade is likely if the company is unable to cure
the potential covenant breach or any default event or if total
liquidity falls below $100 million. An upgrade could be considered
if the company resolves its financial reporting and covenant
issues, provides visibility around how it plans to remedy control
weakness, and maintains adequate liquidity while improving
earnings.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in May 2017.

Bristow Group Inc., headquartered in Houston, Texas, is a leading
provider of helicopter transportation services to the oil and gas
industry worldwide.


CADIZ INC: Odey Asset Entities Have 3.3% Stake as of Dec. 31
------------------------------------------------------------
Odey Asset Management Group Ltd, Odey Asset Management LLP, Odey
Holdings AG, and Robin Crispin William Odey disclosed in a Schedule
13G/A filed with the Securities and Exchange Commission that as of
Dec. 31, 2018, they beneficially own 811,048 shares of common
stock, par value $0.01 per share, of Cadiz Inc., which represents
3.31 percent of the shares outstanding.

The Shares reported for Odey Asset Management LLP represent shares
held for the benefit of investment advisory clients of OAM LLP.
Odey Asset Management Group Ltd is the managing member of OAM LLP,
Odey Holdings AG is the sole stockholder of OAM Ltd, and Mr. Odey
is the sole stockholder of Odey Holdings.

A full-text copy of the regulatory filing is available for free at:
https://is.gd/tvlvG9

                          About Cadiz

Founded in 1983, Cadiz Inc. -- http://www.cadizinc.com/-- is a
publicly-held renewable resources company that owns 70 square miles
of property with significant water resources in Southern
California.  The Company maintains an organic agricultural
development in the Cadiz Valley of eastern San Bernardino County,
California and is partnering with public water agencies to
implement the Cadiz Water Project, which over two phases will
create a new water supply for approximately 400,000 people and make
available up to 1 million acre-feet of new groundwater storage
capacity for the region.  Cadiz abides by a wide-ranging "Green
Compact" focused on environmental conservation and sustainable
practices to manage its land, water and agricultural resources.
Cadiz is headquartered in Los Angeles, California.

Cadiz Inc. reported a net loss and comprehensive loss of $33.86
million in 2017, a net loss and comprehensive loss of $26.33
million in 2016, and a net loss and comprehensive loss of $24.01
million.  As of Sept. 30, 2018, the Company had $72.32 million in
total assets, $152.23 million in total liabilities and a total
stockholders' deficit of $79.90 million.


CALIFORNIA RESOURCES: S&P Affirms 'CCC+' ICR, Outlook Negative
--------------------------------------------------------------
S&P Global Ratings on March 4 affirmed its 'CCC+' issuer credit
rating on California Resources Corp. (CRC), its 'B' issue-level
rating on the company's first-lien debt, its 'B-' issue-level
rating on the company's second-lien debt, and its 'CCC-'
issue-level rating on the company's senior unsecured debt.

The affirmation reflects S&P's expectation that CRC will continue
to support its liquidity by balancing its spending with its cash
flow, selling non-core assets, and potential for joint ventures in
2019 as mentioned in the company's fourth quarter conference call.
Nevertheless, S&P remain concerned that the company's looming 2021
maturities and other debt obligations (which currently total nearly
$2.0 billion including the 2014 credit facility) could be difficult
to refinance if the conditions in the capital markets and crude oil
prices are not favorable.

S&P notes that CRC's $1.3 billion 2017 credit agreement due 2022
has a springing maturity of 91 days prior to the Dec. 31 2021
maturity of the $1.0 billion outstanding 2016 term loan if more
than $100 million of it is outstanding on that date. It views
capital-market access for most non-investment grade companies as
challenging and believes it would be particularly hard for
companies with high debt leverage, such as CRC among others, to
access the markets.

"Our concern about CRC's liquidity offset its otherwise improved
financial measures as CRC's exposure to favorable Brent crude oil
pricing in 2018 and its well-placed hedges in 2019 have supported
its near-term leverage, which should average between 6x and 7x over
the next 24 months," S&P said.

The negative outlook on CRC reflects the company's need to
effectively manage its liquidity during a time of both volatile
crude oil prices and capital-market conditions with $100 million of
outstanding debt maturing in Jan 2020, followed by about $2.0
billion of debt maturities and other obligations  in 2021. Absent a
material improvement in crude oil prices and/or capital markets, or
if CRC is unable to refinance at acceptable terms, S&P believes CRC
could seek a debt restructuring or refinancing it would view as
distressed.

"We could lower our ratings on CRC if it fails to maintain
sufficient liquidity and proactively address its upcoming
maturities beginning with the 5% senior notes in 2020.
Additionally, if the company commences a refinancing or
restructuring that we consider distressed, we could lower our
ratings," S&P said. This would most likely occur if crude oil
prices remain soft and the capital markets continue to prove very
challenging for non-investment grade companies, according to S&P.

"We could revise our outlook on CRC to stable if it is able to
adequately address its upcoming maturities without engaging in a
refinancing that we view as distressed. This would most likely
occur if the conditions in the capital markets improve and we come
to expect that crude oil prices, and the company's resulting cash
flow, will increase," S&P said.


CELADON GROUP: Towle & Co. Has 9.7% Stake as of Dec. 31
-------------------------------------------------------
Towle & Co. disclosed in a Schedule 13G/A filed with the Securities
and Exchange Commission that as of Dec. 31, 2018, it beneficially
owns 2,689,370 shares of common stock of Celadon Group, Inc., which
represents 9.73 percent of the shares outstanding.  A full-text
copy of the regulatory filing is available for free at
https://is.gd/47gKnh

                          About Celadon

Celadon Group, Inc. -- http://www.celadongroup.com/-- provides
long haul, regional, local, dedicated, intermodal,
temperature-protect, and expedited freight service across the
United States, Canada, and Mexico.  The Company also owns Celadon
Logistics Services, which provides freight brokerage services,
freight management, as well as supply chain management solutions,
including logistics, warehousing, and distribution.  The Company is
headquartered in Indianapolis, Indiana.

In a press release dated April 2, 2018, Celadon stated that based
on issues identified in connection with the Audit Committee
investigation and management's review, financial statements for
fiscal years ended June 30, 2014, 2015, 2016, and the quarters
ended Sept. 30 and Dec. 31, 2016, will be restated.  Celadon's new
senior management team, led by the Company's new chief financial
officer and new chief accounting officer, commenced a review of the
Company's current and historical accounting policies and
procedures.  The internal investigation and management review have
identified errors that will require adjustments to the previously
issued 2014, 2015, 2016, and 2017 financial statements.

On April 18, 2018, Peter Elkins, lead analyst at the New York Stock
Exchange LLC, filed a Form 25 with the Securities and Exchange
Commission notifying the removal from listing or registration of
Celadon's common stock on the Exchange.

Celadon, on Jan. 31, 2019, entered into a Thirteenth Amendment to
Amended and Restated Credit Agreement by and among the Company,
certain subsidiaries of the Company as guarantors, Bank of America,
N.A., as lender and administrative agent, Wells Fargo Bank, N.A.,
and Citizens Bank, N.A., both as lenders, which amends the
Company's existing Amended and Restated Credit Agreement dated Dec.
12, 2014, among the same parties.  Among other changes, the
Amendment eliminated the automatic $60 million reduction to the
aggregate lender commitments, maximum amount of outstanding
indebtedness (including loans and letters of credit), and loan
sub-limit, which was scheduled to take effect on Jan. 31, 2019.


CHILTON COUNTY HCA: Fitch Keeps 2015A Sales Tax Bonds on Watch Neg.
-------------------------------------------------------------------
Fitch Ratings has maintained the Rating Watch Negative on the
following Chilton County Health Care Authority (HCA), AL bonds:

  -- $36.7 million limited obligation sales tax bonds, series 2015A
(Chilton County Hospital Project) at 'B'.

SECURITY

The bonds are a limited obligation of the authority payable from a
first lien on the proceeds of a 1% general sale and use tax levied
by and imposed within the county. The bonds are also backed by a
debt service reserve fund (DSRF) equal to maximum annual debt
service (MADS).

ANALYTICAL CONCLUSION

NON-INVESTMENT GRADE REFLECTS REVENUE UNCERTAINTY: Heightened
uncertainty continues to exist with respect to the validity of the
pledged sales tax revenue following the August 2018 Alabama Supreme
Court ruling against the authority and Chilton County. The Supreme
Court ruling reversed an earlier trial court decision against the
plaintiff, who is seeking to repeal the sales tax on procedural
grounds. In January, the state Supreme Court declined an
application for rehearing, and therefore, the trial court will
ultimately decide on the legality of the tax. Fitch believes that
the Supreme Court ruling materially increases the risk of repeal of
the sales tax that is the sole source of bond repayment.

COLLECTIONS REMAIN SOUND: No payment default currently exists with
respect to the bonds, and the sales tax continues to be collected.
Sales tax collections increased roughly 4.4% yoy in fiscal 2018
with pledged revenue covering debt service by 1.7x. Monthly
collections through January 2019 remain solid. Additionally, the
authority maintains cash balances in the debt service and DSRFs
totaling $3.22 million on Feb. 28, 2019.

COURT AND LEGISLATIVE IMPLICATIONS PENDING: The county and the
authority approved, in conjunction with the local legislative
delegation, to have curative and retroactive legislation introduced
during the 2019 state legislative session, which convenes March 5.
Meanwhile, after the matter was remanded to the trial court the
plaintiff filed a motion for a preliminary injunction against the
sales tax. The county and authority filed responsive pleadings to
stay the injunction and for the court to suspend proceedings until
the state legislature can consider the proposed legislation in the
upcoming session. No orders have been entered by the trial court
since the matter was remanded in January.

NEGATIVE WATCH PENDING RESOLUTION OF LITIGATION: The Negative Watch
reflects the expectation of a downgrade to 'C' if the collection of
the sales tax is enjoined or repealed, as in that event bondholders
would effectively be left in an unsecured position. A resolution of
the lawsuit contesting the validity of the sales tax may take
longer than six months.

Economic Resource Base

The Chilton County Health Care Authority is a public hospital
corporation authorized by the Alabama Legislature to acquire,
construct, install and equip and operate health care facilities
within Chilton County (population of about 44,000). The authority
is governed by a nine-member board of directors appointed by the
Chilton County Commissioners. The bonds were issued to fund a new
30-bed general hospital to meet the healthcare needs of the county,
which had not been served by a hospital since 2013. The authority
completed the construction of the new hospital in 2016. The
authority entered into a long-term lease with St. Vincent's Health
System (STVH), a subsidiary of Ascension Health, and St. Vincent's
Chilton, LLC (STVC) to operate the hospital.

RATING SENSITIVITIES

RESOLUTION OF LITIGATION: A legal resolution that eliminates the
sales tax without compensating action would result in a rating
downgrade to 'C'. Conversely, in the event of action of the courts
and/or the state legislature that provides satisfactory assurance
of the validity and continued levy and collection of the sales tax
pledged to bondholders, the rating would be considered in the
context of Fitch's dedicated tax analysis, and would likely be
upgraded. A resolution of the lawsuit may take longer than six
months.

CREDIT PROFILE

The pledged revenue consists of a 1% general sales and use tax
authorized by the Alabama Legislature in 2014 for the explicit and
sole purpose of providing funds to pay the costs of construction,
maintenance and operation of hospital facilities in the county.
Imposition of the sales tax received overwhelming support from
county voters at an advisory referendum in June 2014 (roughly 80%
pass rate).

Fitch placed the bonds on Rating Watch Negative in November 2016 in
response to filing of the litigation challenging the tax on
procedural grounds. At that time, Fitch believed it was unlikely
that the court would rule the tax invalid; however, the assignment
of the Negative Watch reflected the severity of the potential
outcome of the case, which was inherently unknowable. Fitch noted
that a ruling in favor of the plaintiff would effectively leave
bondholders in an unsecured position, at which point an event of
default would be considered imminent or inevitable absent other
action and the rating lowered to 'C'.

The Chilton County Circuit Court ruled on June 19, 2017 in favor of
the county and authority. The plaintiff appealed the circuit
court's ruling to the Alabama Supreme Court. On Aug. 31, 2018, the
state Supreme Court announced a decision that the sales tax
authorizing act is unconstitutional because of a failure to provide
notice of a provision of the act repealing a prior local act for
the county that had authorized a similar sales tax. The decision
remanded the case to the trial court for further proceedings.

It is not possible at this point to predict with any precision when
the litigation will be concluded and there can be no certainty as
to the ultimate outcome of the challenge at this time.

REVENUE TRENDS REMAIN SOUND

Revenue collections reported by the authority remain solid. Sales
tax revenues in fiscal 2018 (year-end Sept. 30) were reported at
$4.09 million or 1.7x MADS. Year-to-date collections through Jan.
31, 2018 totaled $1.5 million or an increase of 9% through the same
point in fiscal 2017.

Also at fiscal 2018 year-end, the authority reported balances of
approximately $1.4 million in the DSF and $2.4 million in the DSRF
(which is in excess of MADS in 2022). If the sales tax was to be
repealed or enjoined, the reported amounts currently held in the
DSF and DSRF would be sufficient to cover the $2.366 million in
debt service due in 2019 (interest only payment on May 1, and
principal and interest payments on Nov. 1).

SEPARATION OF OPERATING RISK

A third party operator has a long-term lease on the hospital,
limiting operating risk. Furthermore, based on the legal opinion of
external counsel, Fitch believes there is a reasonable basis to
conclude that the revenues pledged to repay the bonds are 'special
revenues' under the provisions of Chapter 9 and would not be
subordinated to the necessary operating expenses of the county, the
authority, or the hospital facility financed from bond proceeds
following commencement of a bankruptcy proceeding. The rating
therefore does not consider the hospital's operating risk.


COCRYSTAL PHARMA: OPKO Health Has 8.9% Stake as of Dec. 31
----------------------------------------------------------
OPKO Health, Inc. beneficially owns 2,659,685 shares of common
stock of Cocrystal Pharma, Inc. as of Dec. 31, 2018, which
represents 8.9 percent of the shares outstanding, according to its
recent filing with the Securities and Exchange Commission.  As of
Nov. 6, 2018, the total number of issued and outstanding Common
Stock of the Issuer was 29,923,076, as reported in the Issuer's
Quarterly Report on Form 10-Q.

This number does not include securities owned by Frost Gamma
Investment Trust, an affiliate of Phillip Frost, MD.  FGIT holds
3,655,265 shares of Common Stock and options to purchase 8,749
shares of Common Stock.  Dr. Phillip Frost is the sole trustee of
FGIT.  OPKO disclaims beneficial ownership of the securities of the
Issuer owned by FGIT and Dr. Frost.  

OPKO initially reported its holdings in Cocrystal Pharma, Inc. on a
Schedule 13D filed on Dec. 5, 2014.  The Original Schedule 13D was
filed pursuant to a Joint Filing Agreement, by and among OPKO,
Raymond F. Schinazi, Phillip Frost, M.D., Frost Gamma Investments
Trust, Bracrystal Pharmaceuticals, LLC, Gary Wilcox, Roger
Kornberg, Sam Lee, and Steven Rubin.  OPKO believes it is eligible
to report its holdings on a Schedule 13G and is filing this
Schedule 13G solely on its behalf.

In connection with undertakings made to the SEC, as part of a
previously announced settlement, OPKO is evaluating all of its
strategic minority investments and reporting under Section 13(d) of
the Exchange Act.  In connection with this evaluation, OPKO may
make additional or amended filings pursuant to Section 13(d) and/or
Section 13(g) of the Exchange Act reflecting group membership.

A full-text copy of the Schedule 13G/A is available for free at:

                      https://is.gd/Cbudoo

                       About Cocrystal Pharma

Cocrystal Pharma, Inc., formerly known as Biozone Pharmaceuticals,
Inc., is a clinical stage biotechnology company discovering and
developing novel antiviral therapeutics that target the replication
machinery of hepatitis viruses, influenza viruses, and noroviruses.
The company is headquartered in Tucker, Georgia.

Cocrystal Pharma reported a net loss of $613,000 on $0 of grant
revenues for the year ended Dec. 31, 2017, compared to a net loss
of $74.87 million on $0 of grant revenues for the year ended Dec.
31, 2016.  As of Sept. 30, 2018, the Company had $124.17 million in
total assets, $13.27 million in total liabilities and $110.90
million in total stockholders' equity.

The Company's auditors issued an audit opinion for the year ended
Dec. 31, 2017 which contained what is referred to as a "going
concern" opinion. BDO USA, LLP, in Seattle, Washington, noted that
the Company has suffered recurring losses from operations and has
an accumulated deficit that raise substantial doubt about its
ability to continue as a going concern.


COMSTOCK RESOURCES: Reports 109% Growth in Proved Oil & Gas Reserve
-------------------------------------------------------------------
Comstock Resources, Inc. announced that its proved oil and natural
gas reserves as of Dec. 31, 2018 were estimated by its independent
petroleum engineering firm at 23.6 million barrels of crude oil and
2,283 billion cubic feet ("Bcf") of natural gas or 2,424 billion
cubic feet of natural gas equivalent ("Bcfe") as compared to total
proved reserves of 1,162 Bcfe as of Dec. 31, 2017.

The 2,424 Bcfe of proved reserves at Dec. 31, 2018 were 29% proved
developed and 86% were operated by Comstock.  The present value,
using a 10% discount rate, of the future net cash flows before
income taxes of the proved reserves (the "PV-10 Value") was
approximately $1.8 billion, using average first of the month 2018
prices of $2.90 per Mcf for natural gas and $61.21 per barrel for
oil.  The PV-10 Value increased 103% from the PV-10 Value in 2017
of $866 million.  The oil and natural gas prices used in
determining the Dec. 31, 2018 proved reserve estimates were 26%
higher for oil and relatively unchanged for natural gas as compared
to prices used at Dec. 31, 2017.

Comstock produced 1.8 million barrels of oil and 100 Bcf of natural
gas or 111 Bcfe in 2018 including production from the Bakken shale
properties commencing on Aug. 14, 2018.  In the fourth quarter of
2018, Comstock's production averaged 10,587 barrels of oil per day
and 336 million cubic feet ("MMcf") of natural gas per day, or 400
million cubic feet equivalent ("MMcfe") per day.  The fourth
quarter of 2018 production increased 57% as compared to the fourth
quarter of 2017.

The significant growth in production and proved reserves was
primarily attributable to the contribution of 23.1 million barrels
of oil and 51 Bcf of natural gas by entities controlled by Dallas
businessman Jerry Jones and his family on Aug. 14, 2018, the
expansion of the Company's future drilling plans for 2019 and
future years resulting from additional cash flow available to
Comstock from the contributed properties, and the Company's
successful Haynesville shale drilling and acquisition activities.
During 2018, Comstock acquired Haynesville shale properties with
254 Bcfe of proved reserves and added 1,014 Bcfe of proved reserves
from its drilling program in 2018 and the expected increase in
drilling activities over the next five years.  The 2018 proved
reserve estimates include 299 (187.4 net) proved undeveloped
Haynesville or Bossier shale locations as compared to 83 (60.7 net)
proved undeveloped locations at Dec. 31, 2017. Performance related
revisions of previous estimates added an additional 41 Bcfe.

Comstock spent $64.9 million for its acquisition activities and
$267.1 million on development activities in 2018.  Based on the
2018 proved reserve additions, Comstock's "all-in" finding costs
were approximately 25 cents per Mcfe.  Comstock spent $224.4
million on development activity in the Haynesville and Bossier
shale including $197.2 million on drilling and completing wells and
an additional $27.2 million on refrac and other development
activity. Comstock drilled 49 (17.0 net) horizontal wells in 2018,
which had an average lateral length of approximately 8,300 feet.
Comstock also completed 16 (4.2 net) wells that were drilled in
2017.  Thirty (11.9 net) of the wells drilled in 2018 were also
completed in 2018.  The Company expects that the remaining 19 (5.1
net) wells will be completed in 2019.  Comstock also spent $42.7
million of development costs on its other properties primarily on
completing 24 (7.0 net) Bakken shale wells.

                           About Comstock

Comstock Resources, Inc. (NYSE: CRK) is an independent energy
company based in Frisco, Texas and is engaged in oil and gas
acquisitions, exploration and development primarily in Texas and
Louisiana.

Comstock Resources reported a net loss of $92.75 million for the
period from Jan. 1, 2018, through Aug. 13, 2018 (Predecessor).  For
the period from Aug. 14, 2018 through Dec. 31, 2018 (Successor),
the Company reported net income of $64.12 million. The Company
reported a net loss of $111.40 million for the year ended Dec. 31,
2017 (Predecessor).  As of Dec. 31, 2018 (Successor), Comstock
Resources had $2.18 billion in total assets, $1.61 billion in total
liabilities, and $569.57 million in total stockholders' equity.


CORAL POINTE: Seeks to Extend Exclusivity Period to May 25
----------------------------------------------------------
Coral Pointe 604 LLC asked the U.S. Bankruptcy Court for the
Southern District of Florida to extend the period during which it
has the exclusive right to file a Chapter 11 plan through May 25,
and to solicit acceptances for the plan through July 25.

The extension, if granted by the court, would give the company more
time to negotiate a consensual plan with its lender, according to
court filings.

                    About Coral Pointe 604

Based in Miami Beach, Florida, Coral Pointe 604, LLC, filed a
voluntary petition under Chapter 11 of the US Bankruptcy Code (S.D.
Fla. Case No. 18-23013) on Oct. 19, 2018, estimating less than $1
million in assets and liabilities.  Joel M. Aresty, Esq., serves as
counsel to the Debtor.

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


CREDIT ACCEPTANCE: S&P Rates New $400MM Sr. Unsecured Notes 'BB'
----------------------------------------------------------------
S&P Global Ratings on March 4 assigned its 'BB' debt rating on
Credit Acceptance Corp.'s (BB/Stable/--) proposed offering of $400
million in senior unsecured notes due 2026. The company intends to
use the proceeds from the senior offering for general corporate
purposes and to pay associated fees and expenses. Pro forma for the
transaction, S&P expects debt to adjusted total equity to be
approximately 2.2x, within its range for the current rating. Full
year 2018 financial statements reported in late January showed the
company has continued to grow earnings while maintaining stable
leverage.

  RATINGS LIST

  Credit Acceptance Corp.
   Issuer Credit Rating                   BB/Stable/--

  New Rating

  Credit Acceptance Corp.
   Senior Unsecured
    Proposed $400 mil. notes due 2026     BB



DATACOM SYSTEMS: Seeks to Extend Exclusive Filing Period to May 27
------------------------------------------------------------------
Datacom Systems, Inc. and Datacom Systems Holdings, LLC asked the
U.S. Bankruptcy Court for the Northern District of New York to
extend the period during which they have the exclusive right to
file a Chapter 11 plan through May 27, and to solicit acceptances
for the plan through July 22.

The extension, if granted by the court, would give the companies
more time to pursue a plan supported by creditors and to maximize
recovery for creditors, according to their attorney, Maureen Bass,
Esq., at Cullen and Dykman LLP, in New York.

Since the petition date, the companies have been actively engaged
in the administration of their Chapter 11 cases, including
negotiations with their secured creditors concerning a plan and
negotiations for financing arrangements to ensure a successful
emergence from bankruptcy.  The companies have also worked
cooperatively with other major constituencies to minimize disputes,
according to court filings.

                       About Datacom Systems

Datacom Systems, Inc. -- https://new.datacomsystems.com/ -- is a
Network TAP (test access point), Network Packet Broker, and Bypass
Switch manufacturer that has worked with major telecommunication
companies, government agencies and financial institutions.  It
provides secure In-Line access to its clients' network for
security, analysis and monitoring.  It is a wholly owned subsidiary
of Datacom Systems Holdings, LLC. The company is headquartered in
East Syracuse, New York.

Datacom Systems and Datacom Systems Holdings sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N.D.N.Y. Lead Case
No. 18-30766) on May 25, 2018.  The Debtors' Chapter 11 cases have
been consolidated for procedural purposes only and are being
jointly administered pursuant to an order of the Court entered on
May 30, 2018.

In the petition signed by CFO Patrick McKenna, both debtors
estimated assets of less than $1 million and liabilities of $1
million to $10 million.

Judge Margaret M. Cangilos-Ruiz presides over the cases.  Cullen
and Dykman LLP, led by Maureen T. Bass, and Travis Powers, serves
as the Debtors' counsel.

No official committee of unsecured creditors has been appointed in
the Debtors' bankruptcy cases.


EASTMAN KODAK: Southeastern Asset Reports 30.4% Equity Stake
------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission on Feb. 14, 2019, Southeastern Asset Management, Inc.
reported that it beneficially owns 16,454,200 shares of common
stock of Eastman Kodak Company, which represents 30.4 percent based
on 54,220,852 shares of Common Stock outstanding.  Longleaf
Partners Small-Cap Fund also reported beneficial ownership of
14,714,319 shares.  A full-text copy of the regulatory filing is
available for free at https://is.gd/qm9q7h

                        About Eastman Kodak

Eastman Kodak Company -- http://www.kodak.com/-- is a technology
company focused on imaging.  The Company provides -- directly and
through partnerships with other innovative companies -- hardware,
software, consumables and services to customers in graphic arts,
commercial print, publishing, packaging,electronic displays,
entertainment and commercial films, and consumer products markets.
For additional information on Kodak, visit kodak.com.  Kodak is
headquartered in Rochester, New York.  

                            Going Concern

The Company stated in its Quarterly Report for the period ended
Sept. 30, 2018, that it has $395 million of outstanding
indebtedness under the Senior Secured First Lien Term Credit
Agreement.  The loans made under the First Lien Term Credit
Agreement become due on the earlier to occur of (i) the maturity
date of Sept. 3, 2019 or (ii) the acceleration of those loans
following the occurrence of an event of default.  The Company also
has issued approximately $85 million and $96 million of letters of
credit under the Amended and Restated Credit Agreement as of Sept.
30, 2018 and Dec. 31, 2017, respectively.  Should the Company not
repay, refinance or extend the maturity of the loans under the
existing First Lien Term Credit Agreement prior to June 5, 2019,
the termination date will occur under the Amended Credit Agreement
on that date unless the Amended Credit Agreement has been amended
in the interim.  Upon the occurrence of the termination date under
the Amended Credit Agreement, the obligations thereunder will
become due and the Company will need to provide alternate
collateral in place of the letters of credit issued under the
Amended Credit Agreement.

As of Sept. 30, 2018 and Dec. 31, 2017, Kodak had approximately
$238 million and $344 million, respectively, of cash and cash
equivalents.  $122 million and $172 million was held in the U.S. as
of Sept. 30, 2018 and Dec. 31, 2017, respectively, and $116 million
and $172 million were held outside the U.S. Cash balances held
outside the U.S. are generally required to support local country
operations and may have high tax costs or other limitations that
delay the ability to repatriate, and therefore may not be readily
available for transfer to other jurisdictions. Outstanding
inter-company loans to the U.S. as of Sept. 30, 2018 and Dec. 31,
2017 were $379 million and $358 million, respectively, which
includes short-term intercompany loans from Kodak's international
finance center of $81 million and $59 million as of Sept. 30, 2018
and Dec. 31, 2017, respectively.  In China, where approximately $60
million and $108 million of cash and cash equivalents was held as
of Sept. 30, 2018 and Dec. 31, 2017, respectively, there are
limitations related to net asset balances that may impact the
ability to make cash available to other jurisdictions in the world.
Kodak had a net decrease in cash, cash equivalents, and restricted
cash of $109 million, $122 million, and $158 million for the years
ended Dec. 31, 2017, 2016, and 2015, respectively, and a decrease
in cash, cash equivalents, and restricted cash of $113 million for
the nine months ended Sept. 30, 2018.

As of Nov. 9, 2018, Kodak has debt coming due within twelve months
and does not have committed financing or available liquidity to
meet those debt obligations if they were to become due in
accordance with their current terms.  In October 2018, Kodak
entered into a non-binding work letter with an existing lender
under the First Lien Term Credit Agreement and another potential
financing source, which outlines the terms and conditions of a
proposed new term loan facility.  The proceeds from the proposed
new facility, if consummated, would be used to refinance the loans
under the First Lien Term Credit Agreement in full.  The
non-binding work letter replaces the non-binding letter of intent
entered into during the third quarter of 2018.  Under the
non-binding work letter, Kodak has agreed to work exclusively with
the potential financing sources to reach a binding commitment
letter setting out the key terms of the proposed new facility.
Kodak is currently in negotiations with the potential financing
sources regarding the terms of the proposed new facility, however,
there can be no assurance that Kodak and the potential financing
Kodak has retained an investment banker in connection with a sale
of its Flexographic Packaging segment and is in negotiations on an
exclusive basis to sell this segment.  Net proceeds from any sale
of Kodak's Flexographic Packaging segment will be used to reduce
outstanding term loan debt.  Under the terms of the First Lien Term
Credit Agreement, Kodak is required to maintain a Secured Leverage
Ratio.  The Secured Leverage Ratio is generally determined by
dividing secured debt, net of U.S. cash and cash equivalents, by
consolidated EBITDA, as calculated under the First Lien Term Credit
Agreement.  The consolidated EBITDA, as calculated under the First
Lien Term Credit Agreement, could be adversely affected by the sale
process or the sale of the Flexographic Packaging segment, which
could result in non-compliance with a debt covenant.  

Additionally, Kodak is facing liquidity challenges due to negative
cash flow.  Based on forecasted cash flows, there are uncertainties
regarding Kodak's ability to meet commitments in the U.S. as they
come due.  Kodak's plans to improve cash flow include reducing
interest expense by decreasing the debt balance using proceeds from
asset sales, including the sale of the Flexographic Packaging
segment; further restructuring Kodak's cost structure; and paring
investment in new technology by eliminating, slowing, and
partnering with investors in product development programs.  The
sale of the Flexographic Packaging segment and/or refinancing of
the loans under the First Lien Term Credit Agreement are not solely
within Kodak's control.  Executing agreements for the sale or a
refinancing of the First Lien Term Credit Agreement and the timing
for a closing of the sale or a refinancing of the First Lien Term
Credit Agreement are dependent upon several external factors
outside Kodak's control, including but not limited to, the ability
of the Company to reach acceptable agreements with different
counterparties and the time required to meet conditions to closing
under a sale agreement or credit facility.

Kodak makes no assurances regarding the likelihood, certainty or
timing of consummating any asset sales, including of the
Flexographic Packaging segment, refinancing of the Company's
existing debt, or regarding the sufficiency of any such actions to
meet Kodak's debt obligations, including compliance with debt
covenants, or other commitments in the U.S. as they come due.
Kodak said these conditions raise substantial doubt about its
ability to continue as a going concern.


ELEMENTS BEHAVIORAL: Sets Sale Procedures for De Minimis Assets
---------------------------------------------------------------
EBH Topco, LLC, and affiliates ask the U.S. Bankruptcy Court for
the District of Delaware to authorize (i) the procedures for the
sale or abandonment of their assets with de minimis value outside
the ordinary course of business; and (ii) them to pay commissions
and/or fees, if any, related to sales without the need for further
Court approval.

On July 24, 2018 the Court entered its Sale Order, pursuant to
which, among other things, it approved the sale of the Debtors'
Assets to Project Build Behavioral Health, LLC.  While the Buyer
purchased substantially all of their assets pursuant to the Sale
Order, the Buyer has elected not to have some of the Debtors'
facilities assigned to it and has elected not to purchase certain
miscellaneous assets located at those facilities.  Moreover, no
bids were received for the purchase of such assets during the sale
process.  To that end, the Debtors have sought, through separate
motions, the authority to reject certain leases and contracts.  

Throughout the course of the wind down of these Chapter 11 Cases,
the Debtors may identify additional locations or assets that Buyer
wishes to exclude from the Sale and that are no longer necessary
for the Debtors to conduct their remaining business and wind down
efforts.  Such assets will require liquidation or closure.
Additionally, in some instances, the costs to relocate, store, and
maintain some assets may outweigh any potential recovery the
Debtors may receive from a future sale.

In the course of evaluating the business and navigating through
wind down efforts, the Debtors may encounter opportunities or,
given the circumstances of these Chapter 11 Cases, the need to
dispose of de minimis assets, including, but not limited to, (i)
medical equipment that was not acquired by the Buyer and is no
longer used in the ordinary course of the Debtors' business, (ii)
owned office equipment and furniture not acquired by Buyer, and
(iii) other assets that prove to be burdensome to retain and
maintain, and unnecessary during the wind down of these Chapter 11
Cases.

The Debtors submit that the Procedures will allow them to
efficiently realize any proceeds as a result of liquidation of the
De Minimis Assets, and dispose of the De Minimis Assets, without
incurring the delay and costs of preparing, filing, serving, and
having hearings on motions for approval of each disposition of the
De Minimis Assets.

Additionally, the Debtors believe that, in certain circumstances,
the highest and best value for De Minimis Assets may be generated
through the use of a third party and such use of a third party is
in the best interest of the estates and could maximize value for
the De Minimis Assets.  Notwithstanding, the Debtors are not
required to retain an auctioneer by way of the Motion.

Accordingly, by the Motion, they ask to (i) sell certain De Minimis
Assets to one or more purchasers, free and clear of all liens,
claims, interests and encumbrances in accordance with the
Procedures set forth in this Motion, (ii) pay reasonable, customary
commissions or fees to third-party brokers and/or auctioneers, as
applicable and needed, in connection with De Minimis Assets sales,
or (iii) abandon certain De Minimis Assets, as the case may be,
without further approval of the Court.

To avoid the unnecessary costs and delays associated with obtaining
specific Court authorization, on multiple occasions, for each
proposed sale or abandonment of property, as the case may be, of
relatively de minimis value, the Debtors propose these Procedures
for the sale or abandonment of any De Minimis Asset:

     (1) Without further hearing or order of the Court, with the
express consent of Buyer, in its capacity as the Prepetition First
Lien Lender and DIP Lender, and with notice via e-mail or overnight
delivery to the United StatesTrustee, the Debtors will be
authorized to immediately consummate sales or other disposition of
the De Minimis Assets with a selling price equal to or less than
$25,000, free and clear of all liens, claims, interests and
encumbrances, with such Liens attaching solely to the sale proceeds
in the same validity, extent and priority immediately prior to such
sale, and the Debtors are authorized to pay any broker and/or
auctioneer fees related to such sales.

     (2) With the express consent of the Buyer, in its capacity as
the Prepetition First Lien Lender and DIP Lender, the Debtors will
give notice via e-mail or overnight delivery service of the
proposed sale or disposition of a De Minimis Asset with a selling
price greater than $25,000 but less than $100,000 to (i) the United
States Trustee, and (ii) any known party that the Debtors
reasonably believe could claim an interest in the De Minimis Asset
proposed to be sold or abandoned.  The notice will specify the De
Minimis Assets to be sold or otherwise disposed of, the identity of
the purchaser, the commission or fee of any third party assisting
with the sale, and the transaction price.

     (3) The Notice Parties will have five (5) business days from
the date on which the notice is sent to object to, or request
additional time to evaluate, the sale or disposition.  Any
objection or request for more time to consider the sale or
disposition must be in writing and served upon counsel to the
Debtors: Polsinelli PC, 222 Delaware Avenue, Suite 1101,
Wilmington, DE 19801; Attn: Shanti M. Katona, Esq. If no written
objection or written request for additional time is timely served
upon and received by the Debtors' counsel, the Debtors will be
authorized to consummate the proposed sale transaction or
disposition and to take such actions as are reasonable or necessary
to close the transaction, pay any broker commissions and/auction
fees, and obtain the proceeds. Any sale or transfer of De Minimis
Assets will be free and clear of all Liens, with such Liens
attaching solely to the sale proceeds in the same validity, extent
and priority immediately prior to such sale.  If an objection or
request for additional time is timely served, the Debtors will seek
Court approval of the sale or disposition by scheduling a hearing
on such sale on shortened notice, subject to the Court's
availability.

Nothing in the Procedures would prevent the Debtors, in their
discretion, from seeking the separate approval of the Court at any
time of any proposed transaction upon notice and a hearing,
independent of the Procedures.  For the avoidance of doubt,
separate Court
approval will be required for any single sale that exceeds
$100,000.

To facilitate the proposed sale transactions, the Debtors ask that
the Court authorizes that the sales of property pursuant to this
Motion be free and clear of any and all such Liens with any such
Liens to automatically be transferred and attach to the sale
proceeds of the Assets.

The payment of commissions or fees to third parties by the Debtors
may assist them in connection with the sale of any De Minimis Asset
sales and is in the best interest of their estate and their
creditors.  The use of brokers and/or auctioneers in certain
instances
may aid in the timely and efficient disposition of the De Minimis
Assets and will allow the Debtors to gain the maximum value from
the De Minimis Assets to be sold.  Notwithstanding, the Debtors are
not required to hire an auctioneer or any other third party in
order to sell the De Minimis Assets and may choose to sell such De
Minimis Assets on their own accord.

Pursuant to Bankruptcy Rule 6004(h), the Debtors ask a waiver of
any stay of the effectiveness of an order granting this Motion, to
the extent that it applies to the relief requested in the Motion.

A hearing on the Motion is set for Feb. 28, 2019 at 11:00 a.m.  The
objection deadline is Feb. 19, 2019 at 4:00 p.m.

               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 oversees 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.



EVERGREEN STABLES: Case Summary & 5 Unsecured Creditors
-------------------------------------------------------
Debtor: Evergreen Stables Farm, LLC
        8250 Old Columbia Road
        Fulton, MD 20759

Business Description: Evergreen Stables Farm, LLC owns in fee
                      simple 20 acres of land located at 8250 Old
                      Columbia Road, Fulton, Maryland
                      having a comparable sale value of
                      $3.2 million.  The Debtor provides license
                      for use of barn and leases out two bedroom
                      apartments.  Evergreen Stables also has
                      100% membership interest in real estate
                      located at 956 Marzoff Road, Deale,
                      Maryland.

Chapter 11 Petition Date: March 4, 2019

Court: United States Bankruptcy Court
       District of Maryland (Baltimore)

Case No.: 19-12776

Debtor's Counsel: Diana L. Klein, Esq.
                  KLEIN & ASSOCIATES, LLC
                  2450 Riva Road
                  Annapolis, MD 21401
                  Tel: (443)569-4574
                  Fax: 410 573-1615
                  E-mail: diana@klein-lawfirm.com
                          klein-tp@hotmail.com

Total Assets: $3,456,328

Total Liabilities: $2,345,715

The petition was signed by Tiffany Andrews, authorized member.

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

              http://bankrupt.com/misc/mdb19-12776.pdf


GAP INC: S&P Places BB+ ICR on Watch Negative on Old Navy Spinoff
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S&P Global Ratings on March 4 placed all of its ratings on The Gap
Inc., including the 'BB+' issuer credit rating, on CreditWatch with
negative implications.

S&P took the rating actions following Gap's announcement that it
will spin off its Old Navy business into a stand-alone, publicly
traded company. The spinoff will remove a well performing segment
of Gap's overall business and reduce the total revenue base by
about half. The legacy Gap's competitive position will weaken,
although the prospective capital structure could balance the less
diverse business, according to S&P.

"The CreditWatch placement reflects our view that Gap's announced
spinoff of its Old Navy business will weaken its competitive
position. We do not have any information regarding Gap's
prospective capital structure. The transaction is expected to be
completed in 2020," S&P said.

S&P said a key determination of an affirmation or downgrade will be
the prospective financial risk profile, given its view that the
loss of Old Navy weakens the company's competitive position. "We
expect to update this CreditWatch when we have more clarity on the
expected structure of the transaction and resolve it near closing,"
S&P said.


GOGO INC: Stelliam Has 9.5% Equity Stake as of Dec. 31
------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, Stelliam Investment Management, LP, Stelliam GP LLC,
and Ross Margolies disclosed that as of Dec. 31, 2018, they
beneficially own 8,305,000 shares of common stock of Gogo, Inc.,
which represents 9.5 percent of the shares outstanding.

Stelliam Investment Management serves as investment manager of the
Master Fund, Long Fund and Opportunity Fund and sub-adviser to the
Other Fund, Stelliam GP is the general partner of Stelliam
Investment Management, and Mr. Margolies is the managing member of
Stelliam GP.  Each of Stelliam Investment Management, Stelliam GP,
and Mr. Margolies may be deemed to be the beneficial owner of
Shares held for the accounts of the Funds.

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

                      https://is.gd/AcR0Jk

                          About Gogo

Gogo Inc. -- http://www.gogoair.com/-- is a global provider of
broadband connectivity products and services for aviation.  The
company designs and sources innovative network solutions that
connect aircraft to the Internet, and develop software and
platforms that enable customizable solutions for and by its
aviation partners.  Gogo's products and services can be found on
thousands of aircraft operated by the leading global commercial
airlines and thousands of private aircraft, including those of the
largest fractional ownership operators.  Gogo is headquartered in
Chicago, Illinois with additional facilities in Broomfield, CO and
locations across the globe.

Gogo reported a net loss of $162.03 million for the year ended Dec.
31, 2018, compared to a net loss of $172.0 million for the year
ended Dec. 31, 2017.  As of Dec. 31, 2018, Gogo Inc. had $1.26
billion in total assets, $1.53 billion in total liabilities, and a
total stockholders' deficit of $268.8 million.

                           *     *     *

In May 2018, Moody's Investors Service downgraded Gogo Inc.'s
(Gogo) corporate family rating (CFR) to 'Caa1' from 'B3'. According
to Moody's, Gogo's 'Caa1' CFR reflects its small scale, competitive
operating environment, low margins, high leverage (12.9x Moody's
adjusted at year end 2017), and the expectation of negative free
cash flow into at least 2019 as the company heavily invests in the
rollout of in-flight connectivity technology to additional carriers
outside the North American market, where it currently benefits from
critical mass in the commercial aviation segment and a dominant
position in business aviation.

As reported by the TCR on May 8, 2018, S&P Global Ratings lowered
its corporate credit rating on Chicago-based Gogo Inc. to 'CCC+'
from 'B-'.  "The downgrade reflects our expectation that previously
announced equipment issues will weigh on operating and financial
performance in 2018, which we expect will have a carry-over effect
on the company's growth in 2019. As a result, we believe there
could be a liquidity shortfall in the second half of 2019 absent
improvements in operating performance and planned cost saving
initiatives," S&P said.


GOODWILL INDUSTRIES: Files Chapter 11 Plan of Reorganization
------------------------------------------------------------
Goodwill Industries of Southern Nevada, Inc., filed a Chapter 11
plan of reorganization and accompanying disclosure statement.

Class 4 consists of Allowed General Unsecured Claims against the
Debtor. Holders of Class 4 Allowed General Unsecured Claims shall
receive their Pro Rata share of the Unsecured Creditor Distribution
within thirty (30) days of the latest of: (a) the date all proceeds
are received from all Litigation Claims; (b) the expiration of the
Claims Objection Deadline, or if any Claims Objections are pending
as of that deadline, the date of the entry of a Final Order
adjudicating all remaining Claim Objections.

Class 1(a) consists of any Allowed Bondholder Series A-1 Claims.
Each Holder of an Allowed Bondholder Series A-1 Claim shall receive
the treatment as generally set forth in the Bondholder Term Sheet
attached as Exhibit 2, and as more particularly set forth in the
Amended and Restated Bondholder Documents to be included in the
Plan Supplement, which shall include, but not be limited to: (a)
the repayment in full of all principal; (b) within 60 days
following the Effective Date of the Plan, the Reorganized Debtor
shall pay an amount sufficient: (i) to satisfy in full all
reasonable fees and costs of the Indenture Trustee and its
Professionals incurred during the Chapter 11 Case; and (ii) the
amount necessary to restore the bond reserve fund in full in
accordance with the Amended and Restated Bondholder Documents.

Class 1(b) consists of any Allowed Bondholder Series A-2 Claims.
Each Holder of an Allowed Bondholder Series A-2 Claim shall receive
the treatment as generally set forth in the Bondholder Term Sheet
attached as Exhibit 2, and as more particularly set forth in the
Amended and Restated Bondholder Documents to be included in the
Plan Supplement, which shall include, but not be limited to: (a)
the repayment in full of all principal; (b) within 60 days
following the Effective Date of the Plan, the Reorganized Debtor
shall pay an amount sufficient: (i) to satisfy in full all
reasonable fees and costs of the Indenture Trustee and its
Professionals incurred during the Chapter 11 Case; and (ii) the
amount necessary to restore the bond reserve fund in full in
accordance with the Amended and Restated Bondholder Documents.

Class 1(c) consists of any Allowed Bondholder Series B Claims. Each
Holder of an Allowed Bondholder Series B Claim shall receive the
treatment as generally set forth in the Bondholder Term Sheet
attached as Exhibit 2, and as more particularly set forth in the
Amended and Restated Bondholder Documents to be included in the
Plan Supplement, which shall include, but not be limited to: (a)
the repayment in full of all principal; (b) within 60 days
following the Effective Date of the Plan, the Reorganized Debtor
shall pay an amount sufficient: (i) to satisfy in full all
reasonable fees and costs of the Indenture Trustee and its
Professionals incurred during the Chapter 11 Case; and (ii) the
amount necessary to restore the bond reserve fund in full in
accordance with the Amended and Restated Bondholder Documents.

Unless otherwise provided in the Plan, payments required by the
Plan on and after the Effective Date will be satisfied from: (a)
the Debtor's cash generated from its operations; provided, however,
that excepting and excluding therefrom the Donor-Restricted Funds,
which shall solely and exclusively be used in accordance with
Section 4.3; (b) the pursuit and liquidation of the Litigation
Claims, in the reasonable discretion of the Debtor or the
Reorganized Debtor.

A hearing to consider confirmation will be held on April 3, 2019,
at 2:00 p.m.

A full-text copy of the Disclosure Statement dated February 19,
2019, is available at https://tinyurl.com/yy586kdc from
PacerMonitor.com at no charge.

       About Goodwill Industries of Southern Nevada Inc.

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

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

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

Judge Bruce T. Beeley oversees the case.

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





GYMBOREE CORP: Enters Into Asset Purchase Agreement
---------------------------------------------------
The Children's Place, Inc., the largest pure-play children's
specialty apparel retailer in
North America, on March 4, 2019, disclosed that, as part of an
auction held in connection with Gymboree's bankruptcy proceeding, a
wholly-owned subsidiary of the Company has entered into an Asset
Purchase Agreement with Gymboree Group, Inc. and related entities
to acquire intellectual property and related assets of Gymboree and
Crazy 8 (the "Gymboree Assets") for $76 million in cash.  The
Gymboree Assets include the worldwide rights to the names
"Gymboree" and "Crazy 8" and other intellectual property, including
trademarks, domain names, design rights, and customer databases.
The acquisition of the Gymboree Assets is subject to the approval
of the United States Bankruptcy Court for the Eastern District of
Virginia at a hearing scheduled for March 4 and other standard
closing conditions.

The purchase price is expected to be funded by cash on hand and
borrowings under the Company's revolving credit facility.  The
acquisition is anticipated to be accretive to Adjusted EPS
beginning in Fiscal Year 2020 following low teens percentage
dilution to Fiscal Year 2019 Adjusted EPS as the Company makes
incremental investments to support the strategic opportunities
provided by the Gymboree Assets.

Jane Elfers, President and CEO said, "Gymboree's recent bankruptcy
announcement and our agreement to acquire the Gymboree Assets
significantly strengthens our long-term position.  Control of the
Gymboree brand and IP will now allow us to meaningfully expand our
previously targeted market share opportunity.  The acquisition will
be an attractive vehicle to expand our business across price and
channel.  It will provide us with a path to revitalize the Gymboree
brand across various channels, including e-commerce, TCP stores,
wholesale, and international."

Ms. Elfers concluded, "We have always had a great deal of respect
for the loyal Gymboree customer.  We heard her passionate response
to Gymboree's merchandising changes loudly and clearly and we are
prepared for the opportunity to fill the void for this product in
the marketplace.  Importantly, the Gymboree customer, like our
customer, is digitally savvy, and our accelerated investment in
digital capabilities in 2018 puts us in a stronger position to be
able to bring these new customers into our omni-channel ecosystem.
We look forward to maximizing the multiple opportunities that this
acquisition will provide to create value for our shareholders."

                    About The Children's Place

The Children's Place is the largest pure-play children's specialty
apparel retailer in North America.  The Company designs, contracts
to manufacture, sells at retail and wholesale, and licenses to sell
fashionable, high-quality merchandise at value prices, primarily
under the proprietary "The Children's Place," "Place" and "Baby
Place" brand names.  As of February 2, 2019, the Company operated
972 stores in the United States, Canada and Puerto Rico, an online
store at www.childrensplace.com, and had 217 international points
of distribution open and operated by its eight franchise partners
in 20 countries.

                      About Gymboree Group

Gymboree Group, Inc., is a portfolio of children's brands operating
specialty retail stores with high-quality clothing and accessories
for children.  The Company currently operates 380 Gymboree stores
in the United States and Canada.  Gymboree Group's family of brands
includes Gymboree, Janie and Jack and Crazy 8, with hundreds of
retail stores across the United States, Canada and Puerto Rico as
well as online stores at http://www.gymboree.com/,
http://www.janieandjack.com/and http://www.crazy8.com/

In October 2010, The Gymboree Corp. was acquired by Bain Capital
Private Equity, LP and certain of its affiliated investment funds
or investment vehicles managed or advised by it for approximately
$1.8 billion.

The Gymboree Corp. and seven affiliates each filed a Chapter 11
voluntary petition (Bankr. E.D. Va. Lead Case No. 17-32986) on June
11, 2017.  Kirkland & Ellis LLP served as the Company's legal
counsel, AlixPartners LLP was the financial advisor and Lazard
Freres was the investment banker.  Prime Clerk was the claims and
noticing agent.

In September 2017, Gymboree Corp. successfully completed its
financial restructuring and emerged from Chapter 11 as a new
corporation under the name Gymboree Group, Inc.  The Company's
court-confirmed Plan of Reorganization which went into effect Sept.
29, eliminated more than $900 million of debt from its balance
sheet and claimed to have right-sized the company's store
footprint.



GYMBOREE GROUP: The Gap & TCP Brands Emerge as Successful Bidders
-----------------------------------------------------------------
BankruptcyData.com reported that Gymboree Group Inc. (i) notified
the Court of the results of its March 1, 2019 auction and (ii)
filed a pair of asset purchase agreements reflecting the terms of
the sale of (a) assets related to the Janie and Jackie(R) business
to The Gap, Inc. and (b) certain intellectual property assets
related to the Gymboree(R) and Crazy 8(R) businesses to TCP Brands,
LLC. TCP is a subsidiary of Children's Place, Inc., which describes
itself as "the largest pure-play children's specialty apparel
retailer in North America."

Pursuant to the terms of the asset purchase agreement, dated March
1, 2019, between the Debtors and JJ Successful Bidder (the “JJ
Asset Purchase Agreement”),

The GAP has agreed to pay aggregate consideration comprised of (i)
$35.0 million and (ii) the assumption of certain assumed
liabilities. For its $35.0 million, The GAP is getting the totality
of what the JJ Asset Purchase Agreement calls the "Jewel Business,"
ie the Debtors' "Janie and Jack(R)" business as conducted as of
March 1, 2019, "including (i) the Jewel E-Commerce Business, (ii)
the Jewel Brick and Mortar Business and (iii) designing, sourcing,
importing, marketing, advertising, promoting, distributing and
selling children's clothing and apparel under the brand name 'Janie
and Jack(R)' through distribution and sales to domestic and
international customers and distributors and through the Jewel
Brick and Mortar Business and/or the Jewel E-Commerce Business.

TCP Brands has agreed to pay aggregate consideration of (i) $76.0
million in cash and (ii) the assumption of certain assumed
liabilities. For its $76 million, TCP is getting the totality of
the Debtors' intellectual property in the Gymboree and Crazy 8
brands.

                     About Gymboree Group

San Francisco-based Gymboree Group -- https://www.gymboree.com/ --
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.

Gymboree Group, Inc., and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No.
19-30258) on Jan. 17, 2019.  At the time of the filing, Gymboree
Group estimated assets of $100 million to $500 million and
liabilities of $50 million to $100 million.

The cases are assigned to Judge Keith L. Phillips.

The Debtors tapped Milbank, Tweed, Hadley & McCloy LLP as general
bankruptcy counsel; Kutak Rock LLP as local counsel; Stifel,
Nicolaus & Company, Incorporated and Berkeley Research Group, LLC
as financial advisors; Hilco Real Estate, LLC as real estate
Consultant; and Prime Clerk LLC as real estate consultant.

John Fitzgerald, acting U.S trustee for Region 4, appointed an
official committee of unsecured creditors on Jan. 23, 2019.  The
Committee tapped Hahn & Hessen LLP as lead counsel; Pachulski Stang
Ziehl & Jones LLP, as counsel; Tavenner & Beran, PLC, as local
counsel; Whiteford Taylor & Preston LLP, as Virginia co-counsel.


HEKMATJAH FAMILY: Taps BRC Advisors as Real Estate Broker
---------------------------------------------------------
Hekmatjah Family Limited Partnership seeks authority from the U.S.
Bankruptcy Court for the Central District of California to appoint
BRC Advisors, Inc., as real estate broker.

Hekmatjah Family requires BRC Advisors to market and sell the
Debtor's interest in the condominium building located at 9315
Alcott Street, Los Angeles, California.

BRC Advisors will be paid a commission of 4% of the purchase
price.

Ardeshir Ishal, senior vice president of BRC Advisors, Inc.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

BRC Advisors can be reached at:

     Ardeshir Ishal
     BRC ADVISORS, INC.
     9100 Wilshie Blvd., Suite 880W
     Beverly Hills, CA 90212
     Tel: (310) 525-3703

                   About Hekmatjah Family LP

Hekmatjah Family Limited Partnership is a real estate lessor whose
principal assets are located at 9315 Alcott Street Los Angeles,
California.

Hekmatjah Family Limited Partnership filed a voluntary Chapter 11
petition (Bankr. C.D. Cal. Case No. 18-13023) on Dec. 17, 2018.  In
the petition signed by Daniel Braum, general partner, the Debtor
estimated $1 million to $10 million in assets, and $10 million to
$50 million in liabilities.  The Debtor tapped Stella A. Havkin,
Esq., at Havkin & Shrago, Attorneys at Law, as its legal counsel.



HOUSE OF FLOORS: Exclusive Filing Period Extended Until March 29
----------------------------------------------------------------
Judge Mindy Mora of the U.S. Bankruptcy Court for the Southern
District of Florida granted the request of House of Floors of Palm
Beach, Inc. to extend the period during which it has the exclusive
right to file a Chapter 11 plan through March 29, and to solicit
acceptances for the plan through May 28.

The extension would allow the company to continue negotiation with
its main secured vendor Shaw Industries Group, Inc. concerning the
treatment of the vendor's claim and the overall feasibility of the
plan, according to court filings.

                About House of Floors of Palm Beach

House of Floors of Palm Beach Inc. -- http://www.houseoffloors.com/
-- provides floorcovering installations & cleaning services to both
the commercial and residential industries.  The company is based in
Boca Raton, Florida.

House of Floors of Palm Beach filed a Chapter 11 petition (Bankr.
S.D. Fla. Case No. 18-15236) on April 1, 2018.  In the petition
signed by Donald Brodsky, president, the Debtor disclosed $1.09
million total assets and $1.73 million total debt.  Judge Mindy A.
Mora is the case judge.  

Robert C. Furr, Esq., at Furr & Cohen, is the Debtor's counsel.
Thomas Regan and the accounting firm of Moss, Krusick & Associates,
LLC, serve as accountants.


INPIXON: CVI Investments Has 4.9% Stake as of Dec. 31
-----------------------------------------------------
CVI Investments, Inc., and Heights Capital Management, Inc.,
disclosed in a Schedule 13G/A filed with the Securities and
Exchange Commission that as of Dec. 31, 2018, they beneficially own
83,082 shares of common stock of Inpixon, which represents 4.9
percent of the shares outstanding.

The number of Shares reported as beneficially owned consists of
Shares issuable upon the exercise of warrants to purchase Shares.
The Warrants are not exercisable to the extent that the total
number of Shares then beneficially owned by a Reporting Person and
its affiliates and any other persons whose beneficial ownership of
Shares would be aggregated with such Reporting Person for purposes
of Section 13(d) of the Exchange Act, would exceed 4.99%.

The Company's Prospectus Supplement (to Prospectus dated June 5,
2018, Registration No. 333-223960), filed on Dec. 7, 2018 indicates
there were 1,581,880 Shares outstanding as of Dec. 6, 2018.  All
numbers give effect to the 1-for-40 reverse stock split effected by
the Company on Nov. 2, 2018.

Heights Capital Management, Inc., which serves as the investment
manager to CVI Investments, Inc., may be deemed to be the
beneficial owner of all Shares owned by CVI Investments, Inc.  

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

                     https://is.gd/uz3phg

                         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.


JACK DEPONT: Irving Buying Shady Side Property for $180K
--------------------------------------------------------
Jack Joseph DePont and Lee Dufief DePont ask the U.S. Bankruptcy
Court for the District of Maryland to authorize the sale of the
improved real esate located at 1208 and 1210 Holly Ave., Shady
Side, Maryland to Lisa Sidney Irving for $180,000.

The Debtor, Jack Joseph Depont owns a 12.5% ownership interest in
the property, which is described in the Deed assigning him an
ownership interest.  His sister, Lynn T. Depont, who owned a 50%
ownership interest in the property, conveyed the entirety of her
interest to Mr. DePont and his other siblings, Robert A. Depont,
Thomas A. Depont, and Mary Jean Osborne on June 14, 2018, prior to
her passing on Aug. 5, 2018.  

Wells Fargo holds a first mortgage of approximately $100,000 on the
property, which will be paid in full at the time of settlement.

The Debtor filed a motion to approve the employment of Mike Dunn,
Ray Mudd and Schwartz Realty, Inc., on Jan. 17, 2019.  No
objections have been filed as of the filing of the Motion.

On behalf of the Debtor, Jack Depont, and his siblings, the Agents
secured a Residential Contract of Sale for the sale of the subject
property.  On Jan. 22, 2019, the siblings, as the contract sellers,
and the Buyer, entered into a Residential Contract of Sale by which
the Depont Siblings have contract to sell and Ms. Irving has agreed
to buy the property for $180,000.  The settlement is scheduled to
take place on March 8, 2019 at EmKay Title Solutions, LLC.  The
contract was obtained vis-à-vis an arms-length transaction between
the sellers and the Buyer.  The Buyer has paid a good faith deposit
of $1,000, which deposit has been placed in escrow with EmKay Title
Solutions, LLC, pending the Settlement of the sale of the property.


EmKay Title Solutions, LLC, has requested that Mr. Depont obtain an
order approving the sale of his interest from the bankruptcy court.
The approximate fees for closing, and approximate net to the
sellers is included in Exhibit 2.  Mr. DePont is entitled to a 12.5
interest in the sales proceeds, which should amount to
approximately $8,000 to $8,500.

The Depont Siblings, upon information and belief, believe that
Wells Fargo, the secured creditor, asserts a deed of trust lien
against the property, which Deed of Trust is recorded in the Land
Records for Anne Arundel County.  The outstanding balance on the
said Deed of Trust lien, including any outstanding arrears, is
approximately $100,000.  The contract sales price is more than
sufficient to pay the deed of trust in full.

There are no further liens on the property to the best of the
Debtors' knowledge, information and belief.  The Debtors desire to
sell the property free and clear of the deed of trust lien of Wells
Fargo, the secured creditor, with the lien attaching to the
proceeds of the sale.  

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

   http://bankrupt.com/misc/Jack_DePont_114_Sales.pdf

Jack Joseph DePont and Lee Dufief DePont sought Chapter 11
protection (Bankr. D. Md. Case No. 15-18136) on June 8, 2015.  On
Jan. 13, 2016, the Debtors' Plan was confirmed by the Court.


JASMEN CORPORATION: Cvase Summary & 16 Unsecured Creditors
----------------------------------------------------------
Debtor: Jasmen Corporation
           dba TAZ's
        207-209 S. Wilmington Street
        Raleigh, NC 27601

Business Description: Jasmen Corporation is a privately held
                      North Carolina business corporation.

Chapter 11 Petition Date: March 4, 2019

Court: U.S. Bankruptcy Court
       Eastern District of North Carolina
       (Raleigh Division)

Case No.: 19-00956

Judge: Hon. David M. Warren

Debtor's Counsel: Samantha Y. Moore, Esq.
                  JANVIER LAW FIRM, PLLC
                  311 E Edenton Street
                  Raleigh, NC 27601
                  Tel: 919 582-2323
                  Fax: 866 809-2379
                  E-mail: samantha@janvierlaw.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Taiseer A. Zarka, owner.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 16 unsecured creditors is available for free
at:

        http://bankrupt.com/misc/nceb19-00956.pdf


JOHNSON CONTROLS: Fitch Assigns B+ First-Time IDR, Outlook Stable
-----------------------------------------------------------------
Fitch Ratings has assigned First-Time, Long-Term Issuer Default
Ratings (IDRs) of 'B+' to Johnson Controls Power Solutions (JCPS)
and its Panther BF Aggregator 2 LP subsidiary (Panther).

In addition, Fitch has assigned a rating of 'BB+'/'RR1' to
Panther's secured asset based lending (ABL) revolving credit
facility and ratings of 'BB'/'RR2' to Panther's first lien secured
revolving credit facility, first lien secured U.S. Dollar Term Loan
B, first lien secured Euro Term Loan B and first lien secured
notes. Fitch has also assigned a rating of 'B-'/'RR6' to Panther's
senior unsecured notes.

The ratings apply to a $500 million ABL revolver, a $750 million
first lien revolver, $8.2 billion in first lien secured debt and
$1.95 billion in senior unsecured debt. The Rating Outlook is
Stable.

KEY RATING DRIVERS

Ratings Overview: JCPS's ratings reflect the company's relatively
strong business profile balanced against the highly levered capital
structure that Fitch expects the company to have following its
upcoming acquisition by Brookfield Business Partners L.P.
(Brookfield, the primary investor) and Caisse de depot et placement
du Quebec (CDPQ). JCPS's top market position as the world's largest
manufacturer of low-voltage vehicle batteries, its consistently
high profitability and the non-discretionary nature of its
products, with 75% of its revenue derived from the less cyclical
vehicle aftermarket, are all strong credit positives. However,
Fitch expects pro forma EBITDA leverage to be close to 7.0x when
the acquisition closes and to remain above 5.0x even two years
after the transaction closes.

Future Business Prospects: Fitch's believes JCPS will have strong
business prospects moving forward. Virtually all motor vehicles use
a low-voltage battery for certain functions, including fully
electric vehicles. As such, Fitch expects battery demand will
continue to grow along with the number of global vehicles in
service, regardless of how those vehicles are powered. Vehicle
batteries are also non-discretionary items, making demand somewhat
resistant to changes in the economic cycle. As vehicles become more
technologically complex, vehicle manufacturers are also
increasingly shifting toward the use of more advanced absorbent
glass mat (AGM) and enhanced flooded (EFB) batteries that generally
carry higher margins, which will benefit JCPS over the intermediate
term.

Rating Risks: Aside from its high financial leverage, other rating
concerns include heavy industry competition, volatile raw material
costs, possible technological change and potential environmental
concerns related to the lead and sulfuric acid that are primary
ingredients in most low-voltage vehicle batteries. However, JCPS
has a relatively good track record managing most of these concerns.
The company has strong relationships with many global aftermarket
battery distributors and most global vehicle manufacturers, and its
top market position provides it with advantages over its smaller
competitors. JCPS also has generally been able to pass through
higher raw material costs to its customers via changes in pricing,
although it may not always be able to fully offset the change in
material costs. The company's environmental record has also been
relatively good, especially compared with certain other battery
manufacturers with spottier records, although there is always a
degree of risk associated with the substances used in battery
manufacturing.

Cost Savings Initiatives: JCPS and Brookfield have identified
between $300 million and $400 million of detailed cost savings
opportunities that the company plans to undertake following the
acquisition. The company estimates the savings plans will take
about three to four years to fully implement. Fitch views the
savings as largely achievable, and it has incorporated the low end
of the range into its forecasts. The largest cost savings
opportunity, which accounts for over half the total, involves
improving the efficiency of the company's operations by optimizing
its manufacturing and distribution footprint and reducing
complexity in the number of products offered. Other cost savings
targets involve procurement savings, as well as transportation and
logistics cost improvements.

Solid FCF: Fitch also expects JCPS to produce consistently positive
FCF going forward. FCF in the near term will be pressured somewhat
by elevated capex, which Fitch estimates will run at a little over
4% of revenue over the next couple of years as the company
continues to make investments related to new products and expanding
its manufacturing footprint. As those investments are completed,
Fitch expects capex to trend down toward 3% of revenue over the
following years. As the company's capex investments wind down,
Fitch expects FCF margins to strengthen toward the mid-single-digit
range from the low-single-digit range over the next couple of
years.

Debt and Leverage: Fitch expects JCPS to have close to $11 billion
in debt, including off-balance-sheet factoring, when the
acquisition closes. This is expected to include about $8.2 billion
in first lien secured debt, consisting of U.S. dollar- and
Euro-denominated term loans and secured notes, as well as $1.95
billion in senior unsecured notes. The remaining debt will largely
consist of off-balance sheet factoring. Fitch expects at least a
portion of the term loan debt to be amortizing, which, along with
prepayment flexibility, will allow the company to reduce debt over
the next few years. However, the company is likely to have a
substantial amount of non-amortizing debt that may lead to
significant refinancing risk over the longer term.

As a result of its substantial debt load, Fitch expects JCPS's
gross EBITDA leverage to be high for at least the next several
years. Including estimated off-balance-sheet factoring, Fitch
expects pro forma EBITDA leverage to be close to 7.0x at the close
of the acquisition. Fitch expects the company will target available
FCF toward debt reduction over the next several years, and
declining debt, along with an expected rise in EBITDA, will lead to
EBITDA leverage declining to the low-5x range over the intermediate
term. This will still be relatively high, as most Fitch-rated auto
suppliers with IDRs in the 'B' range have typically had EBITDA
leverage in the 3.5x to 5.0x range. However, as noted earlier,
Fitch views JCPS's strong business profile as a partial offset to
the company's high leverage.

Fitch expects FFO-adjusted leverage to also be high over the
intermediate term. Fitch expects pro forma FFO-adjusted leverage to
be in the low-8x range at the close of the acquisition, falling to
the low-6x range over the next several years.

Ratings Notching: The rating of 'BB+'/'RR1' on JCPS's ABL revolver
reflects its full collateral coverage and the likelihood of a
recovery in the 91%-100% range in a distressed scenario. The
ratings of 'BB'/'RR2' on JCPS's first lien secured credit facility
(which includes the cash flow revolver and the Term Loan Bs) and
first lien secured notes reflect their substantial collateral
coverage and superior recovery prospects in the 71%-90% range in a
distressed scenario. The recovery prospects are weighed down
somewhat by the substantial amount of first lien debt in JCPS's
capital structure, as well as the higher priority of the ABL and
the off-balance sheet factoring. The rating of 'B-'/'RR6' on JCPS's
senior unsecured notes reflects Fitch's expectation that recovery
would be poor in a distressed scenario, with recovery in the 0%-10%
range due to the substantial amount of higher-priority secured debt
in the capital structure.
DERIVATION SUMMARY

JCPS has a very strong competitive position as the largest
low-voltage vehicle battery manufacturer in the world, with the
company responsible about one-third of the industry's total
production. Although the company counts many of the global original
equipment manufacturers (OEMs) as its customers, roughly
three-quarters of its sales are into the global vehicle
aftermarket. As batteries are a non-discretionary replacement item,
JCPS's strong aftermarket presence provides the company with a more
stable revenue stream through the cycle than auto suppliers that
are predominantly tied to new vehicle production, such as
BorgWarner, Inc. (BBB+/Stable) or Delphi Technologies PLC
(BB/Stable). The company's heavy aftermarket weighting makes it
more comparable with global tire manufacturers, such as Compagnie
Generale des Etablissements Michelin (A-/Stable) and The Goodyear
Tire & Rubber Company (BB/Stable), or other suppliers with a
significant aftermarket concentration, such as Tenneco Inc.
(BB-/Stable).

JCPS's margins are strong for an auto supplier, with forecast
EBITDA margins running in the high-teens to low-20% range over the
next several years, which is stronger than some investment-grade
auto suppliers, such as BorgWarner or Aptiv PLC (BBB/Stable), while
forecast FCF margins in the low- to mid-single-digit range are
consistent with the pre-dividend FCF margins of those same
investment-grade issuers. However, forecast post-closing EBITDA
leverage of nearly 7x is very high compared with the rated auto
suppliers, and forecast leverage over 5x at year-end 2020 is still
quite high. By comparison, Fitch estimates Tenneco's leverage will
be in the mid-3x range about one year following the closing of its
acquisition of Federal-Mogul LLC, which took place in late 2018.
Over the longer term, Fitch expects JCPS's leverage to decline due
a combination of ongoing sales growth on a rise in the number of
global vehicles in use, increasing margins, and post-acquisition
debt reduction.

KEY ASSUMPTIONS

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

  -- Fitch's forecast is on a standalone pro forma basis and
assumes the acquisition is completed as envisioned;

  -- Global replacement battery demand grows in the low- to
mid-single digit range though the forecast, principally due to a
continued rise in the number of global vehicles in use;

  -- OEM battery demand is flat to down slightly in the near term
on weaker global production levels, then rises in the
low-single-digit range in the later years of the forecast;

  -- In addition to aftermarket and OEM demand, revenue increases
on positive mix shifts to higher priced AGM and EFB batteries and
modest price increases on traditional batteries;

  -- Margins improve through the forecast as a result of operating
leverage on higher production levels, as well as improving price
and mix and the attainment of the $300 million of cost savings;

  -- Capital spending declines through the forecast as the company
completes its near-term investments;

  -- The company uses available FCF to accelerate debt reduction.

Recovery Analysis

The recovery analysis assumes JCPS would be considered a going
concern and would be reorganized rather than liquidated. Fitch has
assumed a 10% administrative claim in the recovery analysis.

JCPS's recovery analysis reflects a potential severe downturn in
vehicle battery demand and assesses the going concern pro forma
EBITDA at approximately $1.6 billion based on the company's stable
operations, high operating margins, significant percentage of
aftermarket revenue, and the non-discretionary nature of its
products. The $1.6 billion ongoing EBITDA assumption is roughly
in-line with Fitch's forecast pro forma EBITDA for 2019 and 2020.

Fitch has used a 6x multiple to calculate a post-reorganization
valuation. According to the "Automotive Bankruptcy Enterprise
Values and Creditor Recoveries" report published by Fitch in
September 2018, about 44% of auto-related defaulters had exit
multiples above 5x, with about 28% in the 5x to 7x range. However,
the median multiple observed across 18 issuers was only 4.7x.
Within the report, Fitch observed that 92% of the bankruptcy cases
analyzed were resolved as a going concern. Automotive defaulters
were typically weighed down by capital structures that became
untenable during a period of severe demand weakness, due either to
economic cyclicality or the loss of a significant customer, or they
were subject to significant operational issues. While JCPS has a
highly leveraged capital structure, Fitch believes the company's
business profile is stronger than most of the profiles included in
the automotive bankruptcy observations.

Fitch utilizes the 6x EV multiple based on JCPS's strong global
market position and the non-discretionary nature of the company's
replacement batteries. In addition, Brookfield's acquisition of
JCPS currently values the company at an EV over 8x (excluding
expected post-acquisition cost savings). All of JCPS's debt will be
guaranteed by certain foreign and domestic subsidiaries.

Consistent with Fitch's criteria, the recovery analysis assumes
that about $720 million in estimated of off-balance-sheet factoring
is replaced with a super-senior facility that has the highest
priority in the distribution of value. Fitch also assumes a full
draw on the $500 million ABL, which receives the second priority in
the distribution of value after the factoring. The assumed full
draw is based on the relatively low limit on the facility relative
to the collateral backing it, especially the accounts receivable.
Due to the ABL's first-lien claim on ring-fenced collateral, the
facility receives a Recovery Rating of 'RR1' with an expected
recovery in the 91%-100% range.

The analysis also assumes a full draw on the $750 million cash flow
revolver. As such, the first lien secured debt totals $8.95 billion
outstanding and receives a lower priority than the ABL in the
distribution of value hierarchy, in part due to its second lien
claim on the ABL's collateral. This results in a Recovery Rating of
'RR2' with an expected recovery in the 71%-90% range.

The $1.95 billion of senior unsecured notes have the lowest
priority in the distribution of value. This results in a Recovery
Rating of 'RR6' with an expected recovery in the 0%-10% range,
owing to the significant amount of secured debt positioned above it
in the hierarchy.

RATING SENSITIVITIES

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

  -- Maintaining Fitch-calculated EBITDA margins in the
high-teens;

  -- Reducing gross EBITDA leverage to 5.0x;

  -- Reducing lease-adjusted FFO gross leverage to 6.0x;

  -- Increasing the FCF margin to 3.0%.

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

  -- A decline in the Fitch-calculated EBITDA margin to the
low-teens for a prolonged period;

  -- Gross EBITDA leverage remaining above 6.5x without a clear
path to de-levering;

  -- Lease-adjusted FFO gross leverage remaining above 7.5x without
a clear path to de-levering;

  -- FCF margins remaining near 1.5% for a multiyear period.

LIQUIDITY

Fitch expects JCPS's liquidity to remain sufficient for its
operating and investing needs over the intermediate term. However,
liquidity will primarily be in the form of revolver capacity, as
Fitch expects the company's cash balances to average only about $20
million to $30 million at most times. That said, revolver capacity,
which is expected to include both the $500 million ABL facility and
the $750 million secured cash flow revolver, will provide the
company with good financial flexibility over the intermediate term.
Excluding factoring-related debt, Fitch expects debt-related
obligations to be light over the next several years, consisting
primarily of Term Loan B amortization payments that Fitch estimates
at $32 million per year. Pension contributions are also expected to
be relatively low, with estimated contributions of about $1 million
in 2019.

Fitch expects JCPS's FCF to generally be sufficient to cover its
seasonal cash needs. As a result, based on its criteria, Fitch has
treated all of JCPS's cash as readily available in its forecasts.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following ratings with Stable Outlooks:

Johnson Controls Power Solutions

  -- Long-Term IDR 'B+'.

Panther BF Aggregator 2 LP

  -- Long-Term IDR 'B+';

  -- ABL Revolver Rating 'BB+'/'RR1';

  -- First Lien Secured Revolver Rating 'BB'/'RR2';

  -- First Lien Secured Term Loan B Rating 'BB'/'RR2';

  -- First Lien Secured Notes Rating 'BB'/'RR2';

  -- Senior Unsecured Notes Rating 'B-'/'RR6'.


JOSE M. MONTALVO: Castillo Buying Raymondville Property for $18K
----------------------------------------------------------------
Jose Marcos Montalvo asks the U.S. Bankruptcy Court for the
Southern District of Texas to authorize the private sale of the
undeveloped real property located in Raymondville, Willacy County,
Texas, more particularly described as Tract 1, Raymondville
Original Townsite Block 4, Lots 19 -21, to Ms. Georgina Castillo
for $18,000.

Objections, if any, must be filed within 21 days from the date of
service.

The Debtor is owner of the property.  The property is listed on
Schedule A of his bankruptcy schedules.  The property is not
necessary to the operation of his business in that Debtor proposes
to maintain all other income producing properties for the operation
of his business and in that respect only, the property is not
necessary to the administration of the estate.

The value of and debt owed on the tracts of land proposed to be
sold are as follows: Value - $18,480; Debt - $850; Lienholder -
Texas A.G.    The Debtor believes that the total debt on the
property is approximately $850.  The proposed sale price of
$18,000, in addition to paying off the debt on the property, will
reduce any future tax liabilities on the estate.  

The Debtor proposes to sell the property to the Buyer, in
accordance with a commercial contract.  The proposed sale price is
in the amount of $18,000 to be paid by a $3,000 downpayment and
monthly payments as stated in the seller financing addendum.  The
$18,000.00 proposed sales price is below the county appraised value
which is $18,480.

Applying a discount factor of 25% to the aforementioned appraisal
value of the property ($18,480) would net a liquidated value of
$13,860.  The sale price is at 97.4% of the county appraised value.
The sale of the property will prevent any more ad valorem taxes on
the property from accumulating.  

All tax liens on the Property will be paid upon closing.  The
Debtor proposes that the net proceeds be deposited into the
registry of the Court, after all closing costs and other reasonable
expenses, if any, including but not limited to title policy fees,
recording fees, payment of delinquent ad valorem taxes, tax
certificates, attorney's fees, and other expenses related to the
closing of the sale.  All other junior liens and encumbrances which
are subordinate to the liens of the ad valorem taxing entities will
be divested by the sale, but will attach to the proceeds.  The
Debtor asks that it be authorized to complete the private sale
pursuant to section 363(f) of Title 11, United States Code, after
notice and hearing.

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

             http://bankrupt.com/misc/Jose_Montalvo_337_Sales.pdf

The bankruptcy case is in re JOSE MARCOS MONTALVO; d/b/a MONTALVO
ROOFING AND CONSTRUCTION; d/b/a MONTALVO ROOFING; d/b/a MONTALVO
ENTERPRISES LLC (Bankr. S.D. Tex. Case No. 16-70186).



KINGS AUTO: Selling Overland Park Personal Property for $160K
-------------------------------------------------------------
Kings Auto Services, Inc. ("KASI"), asks the U.S. Bankruptcy Court
for the District of Kansas to authorize the Purchase and Sale
Agreement with Independence Dining Venture, LLC in connection with
the sale of the personal property located at 151st and Antioch
(8665 W. 151St Street) in Overland Park, Johnson County, Kansas,
for $160,000.

The Debtor owns two automobile service and repair facilities
located in Overland Park, Johnson County, Kansas.  One service
facility is located at 151St and Antioch (8665 W. 151St Street) and
consists of about 48,764 sf. or 1.12 acres of land and a 5,500 sq.
ft. concrete block and EIFS building with 10 garage bays.  The
other service facility is located near 95th Street and Antioch
(9001 W. 95th Street) and consists of 28,532 for 0.66 acres of land
and a 2,550 sq. ft. brick and EIFS building with 5 garage bays.

The 151St facility is leased by KASI and had been leased since
2002. The 95th street facility is also leased by KASI and had been
leased since 1997.

In 2012 the principals of KASI (Mr. & Mrs. Timothy King, Sr. and
Elizabeth (Renee) King) formed Kings Real Estate L.C. ("KRE"),
purchased both properties, and improved the buildings with a new
roof and other renovations.  In June of 2017, the Debtor executed a
promissory note and mortgage to Lift Line Partners, a Connecticut
Limited Liability Company that is not registered to do business in
the state of Kansas.  The promissory note is best described as a 12
month note with interest rate of 12% per annum payable as interest
only in arrears, beginning on Aug. 1, 2017, in the amount of
$13,000 per month and is secured by both the 95m Street and 151St
Street
locations.

KRE leased part of the parking lot at 151st street to Car Gallery
Inc., a Kansas Corporation, (registered and in good standing).
Rent due to KRE from Car Gallery and KASI are $3,750 (Car Gallery),
$7,130 (KASI - 151St Street) and $5,100 (KASI - 95th Street), for a
total of $15,980.

On April 29, 2018, the Kansas Department of Revenue ("KDOR") seized
all of KASI's personal property and improperly changed the locks on
both service facilities and locked KRE & KASI out of the two
premises.  KDOR's actions caused a sudden and unexpected cessation
in KASI’s business operations which impaired its ability to pay
rent to KRE.  Without any rental income from KASI, KRE was not able
to satisfy its promissory note obligations as scheduled.

On June 4, 2018, KASI filed the voluntary Chapter 11 petition.  On
Oct. 2, 2018, KRE filed an emergency voluntary Chapter 11 petition
(case number 18-22054) and on Oct. 16, 2018, Lift Line filed its
motion for relief from the automatic stay to which Debtor filed a
timely objection.  In its objection to the motion for relief from
the automatic stay in case number 18-22054, the Debtor sought time
to market the property in a commercially reasonable manner and take
such additional steps as necessary to reorganize its debt.

The Debtor has diligently marketed its property and been taking
steps to reorganize its debt and has obtained a Purchase Sale
Agreement for the 151St Facility in the amount of $1.36 million.
Further, the parties have entered into a First Amendment To
Purchase And Sale Agreement.  Said sale is contingent only as to a
reasonable due diligence inspection on behalf of buyer, approval by
the Court of the sale of the real property owned by KRE in case
number 18-22054, approval of the sale of the personal property
owned by KASI in case number 18-21136, a 3% sales commission,
customary tax prorations, costs of closing, reasonable attorney
fees, and valid liens of record.  The sale is scheduled to close in
45 days from Dec. 10, 2018.

The purchase price, per the PSA, allocates $1.2 million to KRE for
the real property and $160,000 to KASI for the personal property.
The Motion To Approve Partial Sale Of Personal Property only
pertains to the personal property located at the 151St St.
location.  A separate Amended Motion To Approve Partial Sale Of
Real Property located at the 151st St. location will be filed
contemporaneously with the Amended Motion, in case number
18-22054.

The sale, if granted, will qualify as quarterly disbursements for
the purpose of assessing quarterly fees due to the United States
Trustee, under 28 U.S.C. Section 1930.

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


   http://bankrupt.com/misc/KingsAuto_80_Sales.pdf  

                   About Kings Auto Service

Kings Auto Services, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Kan. Case No. 18-21136) on June 4,
2018.  In the petition signed by Timothy S. King, president, the
Debtor estimated assets of less than $50,000 and liabilities of
less than $50,000.  The Debtor tapped Dvorak Law, Chartered, as its
legal counsel.


KINGS REAL: Selling Overland Park Real Property for $1.2M
---------------------------------------------------------
Kings Real Estate, L.C. ("KRE"), asks the U.S. Bankruptcy Court for
the District of Kansas to authorize the Purchase and Sale Agreement
with Independence Dining Venture, LLC in connection with the sale
of the real property located at 151st and Antioch (8665 W. 151St
Street) in Overland Park, Johnson County, Kansas, for $1.2
million.

The Debtor owns two automobile service and repair facilities
located in Overland Park, Johnson County, Kansas.  One service
facility is located at 151St and Antioch (8665 W. 151St Street) and
consists of about 48,764 sf. or 1.12 acres of land and a 5,500 sq.
ft. concrete block and EIFS building with 10 garage bays.  The
other service facility is located near 95th Street and Antioch
(9001 W. 95th Street) and consists of 28,532 for 0.66 acres of land
and a 2,550 sq. ft. brick and EIFS building with 5 garage bays.

The 151St facility is leased by Kings Auto Services, Inc. ("KASI")
and had been leased since 2002. The 95th street facility is also
leased by KASI and had been leased since 1997.

In 2012 the principals of KASI (Mr. & Mrs. Timothy King, Sr. and
Elizabeth (Renee) King) formed KRE, purchased both properties, and
improved the buildings with a new roof and other renovations.  In
June of 2017, the Debtor executed a promissory note and mortgage to
Lift Line Partners, a Connecticut Limited Liability Company that is
not registered to do business in the state of Kansas.  The
promissory note is best described as a 12 month note with interest
rate of 12% per annum payable as interest only in arrears,
beginning on Aug. 1, 2017, in the amount of $13,000 per month and
is secured by both the 95m Street and 151St Street locations.

KRE leased part of the parking lot at 151st street to Car Gallery
Inc., a Kansas Corporation, (registered and in good standing).
Rent due to KRE from Car Gallery and KASI are $3,750 (Car Gallery),
$7,130 (KASI - 151St Street) and $5,100 (KASI - 95th Street), for a
total of $15,980.

On April 29, 2018, the Kansas Department of Revenue ("KDOR") seized
all of KASI's personal property and improperly changed the locks on
both service facilities and locked KRE & KASI out of the two
premises.  KDOR's actions caused a sudden and unexpected cessation
in KASI’s business operations which impaired its ability to pay
rent to KRE.  Without any rental income from KASI, KRE was not able
to satisfy its promissory note obligations as scheduled.

On June 4, 2018, KASI filed the voluntary Chapter 11 petition.  On
Oct. 2, 2018, KRE filed an emergency voluntary Chapter 11 petition
(case number 18-22054) and on Oct. 16, 2018, Lift Line filed its
motion for relief from the automatic stay to which Debtor filed a
timely objection.  In its objection to the motion for relief from
the automatic stay in case number 18-22054, the Debtor sought time
to market the property in a commercially reasonable manner and take
such additional steps as necessary to reorganize its debt.

The Debtor has diligently marketed its property and been taking
steps to reorganize its debt and has obtained a Purchase Sale
Agreement for the 151St Facility in the amount of $1.36 million.
Further, the parties have entered into a First Amendment To
Purchase And Sale Agreement.  Said sale is contingent only as to a
reasonable due diligence inspection on behalf of buyer, approval by
the Court of the sale of the real property owned by KRE in case
number 18-22054, approval of the sale of the personal property
owned by KASI in case number 18-21136, a 3% sales commission,
customary tax prorations, costs of closing, reasonable attorney
fees, and valid liens of record.  The sale is scheduled to close in
45 days from Dec. 10, 2018.

The purchase price, per the PSA, allocates $1.2 million to KRE for
the real property and $160,000 to KASI for the personal property.
The Amended Motion only pertains to the real property located at
the 151st location.  A separate Motion To Approve Partial Sale Of
Personal Property located at the 151St St. location will be filed
contemporaneously with the Second Amended Motion, in case number
18-21136.

The sale, if granted, will qualify as quarterly disbursements for
the purpose of assessing quarterly fees due to the United States
Trustee, under 28 U.S.C. Section 1930.

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


   http://bankrupt.com/misc/Kings_Real_55_Sales.pdf

                   About Kings Realty Enterprises

Kings Realty Enterprises, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 16-42299) on May
25, 2016.  In the petition signed by Nissan Pinchasov, officer, the
Debtor estimated assets and liabilities in the range of $500,000 to
$1 million.  The Debtor tapped Eric H Horn, Esq., at Vogel Back &
Horn, P.c. as counsel.


KONA GRILL: Renaissance Technologies Has 6.5% Stake as of Dec. 31
-----------------------------------------------------------------
Renaissance Technologies LLC and Renaissance Technologies Holdings
Corporation reported in a Schedule 13G/A filed with the Securities
and Exchange Commission that as of Dec. 31, 2018, they beneficially
own 858,959 shares of common stock of Kona Grill, Inc., which
represents 6.48 percent of the shares outstanding.  A full-text
copy of the regulatory filing is available for free at:

                    https://is.gd/4JdmWB

                      About Kona Grill

Kona Grill, Inc., headquartered in Scottsdale, Arizona, Kona Grill,
Inc. -- http://www.konagrill.com/-- currently owns and operates 44
restaurants in 22 states and Puerto Rico.  Its restaurants feature
a global menu of contemporary American favorites, award-winning
sushi and craft cocktails.  Additionally, Kona Grill has two
restaurants that operate under a franchise agreement in Dubai,
United Arab Emirates, and Vaughan, Canada.

Kona Grill incurred a net loss of $23.43 million in 2017 and a net
loss of $21.62 million in 2016.  As of Sept. 30, 2018, Kona Grill
had $78.59 million in total assets, $75.74 million in total
liabilities, and $2.84 million in total stockholders' equity.

The Company has incurred losses resulting in an accumulated deficit
of $88.5 million and outstanding borrowings under a credit facility
of $33.5 million as of Sept. 30, 2018.  As of Sept. 30, 2018, the
Company has cash and cash equivalents and short-term investment
balance totaling $4.0 million and net availability under the credit
facility of $2.2 million, subject to compliance with certain
covenants.  The Company has implemented various initiatives to
increase sales and reduce costs to increase profitability.

"Management expects to utilize existing cash and cash equivalents
and short-term investments, along with cash flow from operations,
and the available amounts under the credit facility, to provide
capital to support the business, to maintain and refurbish existing
restaurants, and for general corporate purposes.  Any reduction of
cash flow from operations or an inability to draw on the credit
facility may cause the Company to take appropriate measures to
generate cash.  The failure to raise capital when needed could
impact the financial condition and results of operations.
Additional equity financing, to the extent available, may result in
dilution to current stockholders and additional debt financing, if
available, may involve significant cash payment obligations or
financial covenants and ratios that may restrict the Company's
ability to operate the business.  There can be no assurance that
the Company will be successful in its plans to increase
profitability or to obtain alternative capital and financing on
acceptable terms, when required or if at all," the Company stated
in its Quarterly Report for the period ended
Sept. 30, 2018.


KONA GRILL: Richard Hauser Has 4.8% Stake as of Dec. 31
-------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Richard J. Hauser reported that as of Dec. 31, 2018, it
beneficially owns 641,788 shares of common stock of Kona Grill,
which represents 4.8 percent of the shares outstanding.  This
Amount includes (i) 48,000 shares issuable upon the exercise of
stock options, and (ii) 386,893 shares owned by the Reporting
Person's spouse, 100,000 shares owned by Kona MN, LLC, of which the
Reporting Person and the Reporting Person's spouse are control
persons, and 4,000 shares owned by a trust for the benefit of the
Reporting Person's children.  A full-text copy of the regulatory
filing is available for free at https://is.gd/QqFN1E

                        About Kona Grill

Kona Grill, Inc., headquartered in Scottsdale, Arizona, Kona Grill,
Inc. -- http://www.konagrill.com/-- currently owns and operates 44
restaurants in 22 states and Puerto Rico.  Its restaurants feature
a global menu of contemporary American favorites, award-winning
sushi and craft cocktails.  Additionally, Kona Grill has two
restaurants that operate under a franchise agreement in Dubai,
United Arab Emirates, and Vaughan, Canada.

Kona Grill incurred a net loss of $23.43 million in 2017 and a net
loss of $21.62 million in 2016.  As of Sept. 30, 2018, Kona Grill
had $78.59 million in total assets, $75.74 million in total
liabilities, and $2.84 million in total stockholders' equity.

The Company has incurred losses resulting in an accumulated deficit
of $88.5 million and outstanding borrowings under a credit facility
of $33.5 million as of Sept. 30, 2018.  As of Sept. 30, 2018, the
Company has cash and cash equivalents and short-term investment
balance totaling $4.0 million and net availability under the credit
facility of $2.2 million, subject to compliance with certain
covenants.  The Company has implemented various initiatives to
increase sales and reduce costs to increase profitability.

"Management expects to utilize existing cash and cash equivalents
and short-term investments, along with cash flow from operations,
and the available amounts under the credit facility, to provide
capital to support the business, to maintain and refurbish existing
restaurants, and for general corporate purposes.  Any reduction of
cash flow from operations or an inability to draw on the credit
facility may cause the Company to take appropriate measures to
generate cash.  The failure to raise capital when needed could
impact the financial condition and results of operations.
Additional equity financing, to the extent available, may result in
dilution to current stockholders and additional debt financing, if
available, may involve significant cash payment obligations or
financial covenants and ratios that may restrict the Company's
ability to operate the business.  There can be no assurance that
the Company will be successful in its plans to increase
profitability or to obtain alternative capital and financing on
acceptable terms, when required or if at all," the Company stated
in its Quarterly Report for the period ended Sept. 30, 2018.


MAGELLAN HEALTH: S&P Lowers ICR to 'BB+' on Earnings Deterioration
------------------------------------------------------------------
S&P Global Ratings on March 4 announced that it lowered its issuer
credit rating on Magellan Health Inc. (MGLN) to 'BB+' from 'BBB-',
and said the outlook is stable.

At the same time, S&P lowered its issue-level rating on the
company's unsecured notes to 'BB+' from 'BBB-' and assigned a
recovery rating of '3', indicating its expectation of  a meaningful
(50%-70%, rounded estimate: 65%) recovery in the event of a payment
default.

The downgrade reflects MGLN's significant earnings underperformance
in 2018, resulting in significantly elevated leverage levels (3.3x
as of Dec. 31, 2018). "While we expect the company to focus on
improving earnings and reducing leverage over the next year, we
believe S&P adjusted leverage will remain above 2.0x in 2019-2020,
leading to our reassessment of its financial risk profile to
intermediate from modest," S&P said.

S&P said the stable outlook reflects its expectation of modest
earnings improvement and deleveraging over the next 12 to 24
months, resulting in sustained competitive positioning and an
intermediately levered financial risk profile (2x-3x) over the next
two years.

"We may lower the ratings in the next 12 to 24 months if continued
underperformance results in leverage remaining above 3x, our view
of MGLN's business position weakens, or liquidity becomes less than
adequate as shown by its covenant cushion remaining below 10%," S&P
said.

S&P said it may raise the rating over the next 12 to 24 months if
stabilized and improving business trends result in leverage
improving to less than 2x and it believes this improvement is
sustainable. Factors that could lead to this result include
improved performance in key MCC markets, a lower medical/operating
cost structure, and profitable contract growth, according to S&P.


MARRONE BIO: Van Herk Investments Holds 9.9% Stake as of Feb. 21
----------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, these entities reported beneficial ownership of
10,962,103 shares of common stock of Marrone Bio Innovations, Inc.,
as of Feb. 21, 2019:

  * Van Herk Investments B.V.
  * Van Herk Private Equity Investments B.V.
  * Stichting Administratiekantoor Penulata
  * Van Herk Management Services B.V.
  * Onroerend Goed Beheer- en Beleggingsmaatschappij A. van Herk
    B.V.
  * A. van Herk Holding B.V.
  * Stichting Administratiekantoor Abchrys
  * Adrianus van Herk

The 10,962,103 shares of Common Stock represents 9.9 percent of the
shares outstanding.

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

                     https://is.gd/ZuqFZq

                About Marrone Bio Innovations

Based in Davis, California, Marrone Bio Innovations, Inc. --
http://www.marronebio.com/-- discovers, develops and sells
innovative biological products for crop protection, plant health
and waterway systems treatment.  MBI has screened over 18,000
microorganisms and 350 plant extracts, leveraging its in-depth
knowledge of plant and soil microbiomes enhanced by advanced
molecular technologies to rapidly develop seven effective and
environmentally responsible pest management products to help
customers operate more sustainably while uniquely improving plant
health and increasing crop yields.  Supported by a robust portfolio
of over 400 issued and pending patents around its superior natural
product chemistry, MBI's currently available commercial products
are Regalia, Grandevo, Venerate, Majestene, Haven Stargus and
Amplitude, Zelto and Zequanox.

The Company incurred a net loss of $30.92 million in 2017 and a net
loss of $31.07 million in 2016.  As of Sept. 30, 2018, Marrone Bio
had $50.54 million in total assets, $32.49 million in total
liabilities, and $18.04 million in total stockholders' equity.

The report from the Company's independent accounting firm Ernst &
Young LLP, the Company's auditor since 2008, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company's historical
operating results and negative working capital indicate substantial
doubt exists about the Company's ability to continue as a going
concern.


MCP REAL ESTATE: Simons Buying 7-Acre Clarksburg Parcel for $335K
-----------------------------------------------------------------
MCP Real Estate Holding, LLC, asks the U.S. Bankruptcy Court for
the Southern District of West Virginia to authorize the sale of a
7-acre parcel of real property located off of North 12th Street,
Clarksburg, Harrison County, West Virginia to Simons Crossing
Limited Partnership for $325,000.

The Debtor owns a 129.7-acre parcel of real property located off of
North 12th Street, Clarksburg, Harrison County, West Virginia.  The
Buyer has presented the Debtor with an acceptable offer to purchase
seven acres of this property.  First Exchange Bank has a valid
first lien on the subject property. The offered purchase price for
the 7-acre parcel of property is $325,000.00.

The prospective Purchaser is a disinterested party.  The Debtor
believes that it is the best price that it will be able to obtain
for the property.  It proposes that the holder of the first deed
of trust, should receive $15,000 per acre or $105,000 at closing
per prior dealings between the parties.

The Debtor asks the Court to approve the sale free and clear of
liens and to authorize it to pay at closing the first lien holder
First Exchange Bank $15,000 per acre or $105,000 and that any other
closing costs that are normal and usual be paid, including, but not
limited to, the cost of the preparation of the deed, the recording
costs and all current or unpaid real estate taxes on the entire
tract of land with the remainder to be paid to the debtor to fund
further development costs.

On information and belief, the best interest of the estate would be
served by the Debtor retaining $192,997 to complete units #1, #2,
#3 and #4 so they can be sold with a portion of the proceeds from
the sale of the townhouses being used to complete the remaining
townhouses.

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

     http://bankrupt.com/misc/MCP_Real_26_Sales.pdf

                About MCP Real Estate Holding

MCP Real Estate Holding, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. S.D. W.Va. Case No. 19-30026) on Jan. 23, 2019.
The Debtor hired Pepper & Nason, as attorney.



MICROVISION INC: AWM Investment Has 8.1% Stake as of Dec. 31
------------------------------------------------------------
AWM Investment Company, Inc. disclosed in a Schedule 13G/A filed
with the Securities and Exchange Commission that as of Dec. 31,
2018, it beneficially owns 8,157,718 shares of common stock of
MicroVision, Inc., which represents 8.1 percent of the shares
outstanding.

AWM Investment Company, Inc., a Delaware Corporation, is the
investment adviser to Special Situations Fund III QP, L.P., Special
Situations Cayman Fund, L.P., Special Situations Technology Fund,
L.P., and Special Situations Technology Fund II, L.P.  As the
investment adviser to the Funds, AWM holds sole voting and
investment power over 2,284,005 shares of Common Stock of the
Issuer held by SSFQP, 880,619 Shares held by Cayman, 784,592 Shares
held by TECH and 4,208,502 Shares held by TECH II.

A full-text copy of the regulatory filing is available for free at:
https://is.gd/pRd2oz

                        About MicroVision

Based in Redmond, Washington, MicroVision, Inc. --
http://www.microvision.com/-- is the creator of PicoP scanning
technology, an ultra-miniature laser projection and sensing
solution for mobile consumer electronics, automotive head-up
displays and other applications.  PicoP scanning technology is
based on the Company's patented expertise in micro-electrical
mechanical systems (MEMS), laser diodes, opto-mechanics, and
electronics and how those elements are packaged into a small form
factor, low power scanning engine that can display, interact and
sense, depending on the needs of the application.

MicroVision incurred net losses of $24.24 million in 2017, $16.47
million in 2016, and $14.54 million in 2015.  As of Sept. 30, 2018,
the Company had $29.97 million in total assets, $17.92 million in
total liabilities and $12.04 million in total shareholders'
equity.

Moss Adams LLP, in Seattle, Washington, the Company's auditor since
2012, issued a "going concern" opinion in their report on the
consolidated financial statements for the year ended Dec. 31, 2017,
stating that the Company has suffered recurring losses from
operations and has an accumulated deficit that raise substantial
doubt about its ability to continue as a going concern.


NEIMAN MARCUS: S&P Downgrades ICR to 'CC' on Distressed Exchange
----------------------------------------------------------------
S&P Global Ratings on March 4 lowered its issuer credit rating on
The Neiman Marcus Group LLC to 'CC' from 'CCC-' following the
company's announcement that it has reached an agreement in
principle with a majority of its debtholders on a comprehensive
restructuring plan for its capital structure.  S&P believes the
proposed transactions represent a material discount to par and that
a distressed exchange is a virtual certainty.

S&P also lowered the issue-level rating on the term loan facility
to 'CC' from 'CCC-', commensurate with the issuer rating. The '3'
recovery on the term loan is unchanged. The 'C' issue-level rating
and '6' recovery rating on the company's unsecured notes are
unchanged.

"The downgrade reflects our view of a distressed exchange of Neiman
Marcus' capital structure, including its $2.95 billion term loan
and $1.5 billion in unsecured notes, as a near certainty. We base
our opinion on the company's recent announcement of an agreement in
principle was reached with debtholders on a comprehensive
restructuring plan," S&P said.

The contemplated restructuring includes:

-- Issuance of second- and third-lien notes;

-- Exchange of unsecured debt;

-- Maturity extension on the $2.95 billion term loan facility;

-- Paydown of the term loan facility using proceeds from the
second-lien notes; and

-- Granting of certain liens and collateral to the proposed debt.


The negative outlook reflects S&P's intent to lower its issuer
credit rating on Neiman Marcus to 'SD' and its issue-level rating
on the company's term loan and unsecured notes to 'D' when the
company completes the announced distressed exchange.


NEONODE INC: AWM Investment Has 9.4% Stake as of Dec. 31
--------------------------------------------------------
AWM Investment Company, Inc. disclosed in a Schedule 13G/A filed
with the Securities and Exchange Commission that as of Dec. 31,
2018, it beneficially owns 880,279 shares of common stock of
Neonode Inc., which represents 9.4 percent of the shares
outstanding.

AWM Investment Company, Inc., a Delaware corporation (AWM), is the
investment adviser to Special Situations Technology Fund, L.P.
(TECH) and Special Situations Technology Fund II, L.P. (TECH II).
(TECH and TECH II will hereafter be referred to as the Funds).  As
the investment adviser to the Funds, AWM holds sole voting and
investment power over 41,656 shares of Common Stock and 78,400
Warrants to purchase Shares of the Issuer held by TECH and 278,623
Shares and 481,600 Warrants to purchase Shares held by TECH II.
The Warrants may be exercised to the extent that the total number
of shares of Common Stock then beneficially owned does not exceed
9.99% of the outstanding shares.

A full-text copy of the regulatory filing is available for free at:
https://is.gd/abiHcb

                         About Neonode

Neonode Inc. (NASDAQ:NEON) -- http://www.neonode.com/-- develops,
manufactures and sells advanced sensor modules based on the
company's proprietary zForce AIR technology.  Neonode zForce AIR
Sensor Modules enable touch interaction, mid-air interaction and
object sensing and are ideal for integration in a wide range of
applications within the automotive, consumer electronics, medical,
robotics and other markets.  The company also develops and licenses
user interfaces and optical interactive touch solutions based on
its patented zForce CORE technology.  To date, Neonode's technology
has been deployed in approximately 62 million products, including 3
million cars and 59 million consumer devices.  The company is
headquartered in Stockholm, Sweden and was established in 2001.

Neonode reported a net loss attributable to the Company of $4.70
million in 2017, a net loss attributable to the Company of $5.29
million in 2016 and a net loss attributable to the Company of $7.82
million in 2015.  As of Sept. 30, 2018, Neonode had $9.66 million
in total assets, $3.63 million in total liabilities and $6.03
million in total stockholders' equity.

The Company has incurred significant operating losses and negative
cash flows from operations since its inception.  The Company
incurred net losses of approximately $0.8 million and $2.5 million
and $1.1 million and $3.0 million for the three and nine months
ended Sept. 30, 2018 and 2017, respectively, and had an accumulated
deficit of approximately $184.6 million and $183.7 million as of
Sept. 30, 2018 and Dec. 31, 2017, respectively.  In addition,
operating activities used cash of approximately $2.3 million and
$4.7 million for the nine months ended Sept. 30, 2018 and 2017,
respectively.

"We expect our revenues from license fees, non-recurring
engineering fees and embedded sensor module sales will enable us to
reduce our operating losses going forward.  In addition, we have
improved the overall cost efficiency of our operations, as a result
of the transition from providing our customers a full custom design
solution to providing standardized sensor modules which require
limited custom design work.  We intend to continue to implement
various measures to improve our operational efficiencies.  No
assurances can be given that management will be successful in
meeting its revenue targets and reducing its operating loss," the
Company stated in its Quarterly Report for the period ended  Sept.
30, 2018.


NEOVASC INC: Tiara Featured in Update Presentation at the CRT 2019
------------------------------------------------------------------
Neovasc Inc.'s Tiara transcatheter mitral valve replacement device
was featured in an update presentation at the Cardiovascular
Research Technologies (CRT) meeting being held March 2-5, 2019 in
Washington, DC.

The update presentation was provided by Danny Dvir, MD, of the
Cardiac Clinic & Services at the University of Washington Medical
Center, and titled, "TIARA: Design, Clinical Results and Next
Steps" on Sunday, March 3rd.  The presentation provided an overview
of the data from the 70 patients that have been treated to date
with the Tiara mitral valve replacement device, including 25
patients in the TIARA-II European CE Mark Clinical Study, 23
patients in TIARA-I Early Feasibility Clinical Study and 22
patients in Special Access/Compassionate Use.  This presentation
also included data on the successful use of Tiara in patients with
previous aortic valve replacements and mitral rings.  Similar data
was recently published in Circulation: Cardiovascular
Interventions, on "Transcatheter Mitral Valve Replacement in
Patients with Previous Aortic Valve replacement".

"We are pleased to have the Tiara featured in a presentation at the
CRT meeting this week. To date, our Tiara has been implanted into
70 patients, of which 65 of the implants were successful, with
excellent acute results," stated Fred Colen, CEO of Neovasc. "We
look forward to continuing to build greater awareness for the Tiara
through medical conference presentations and peer reviewed
articles."

The University of Washington Medical Center is a participating
center in the TIARA-I Early Feasibility Study.

CRT, one of the world's leading interventional cardiology
conferences, is attended by more than 3,000 interventional and
endovascular specialists.  At the 2018 meeting, CRT featured the
first live complex coronary case performed entirely by women. That
live case was one of 16, and future CRT meetings will feature more
live cases.  The conference, held each year in Washington, DC, is
supported by MedStar Heart & Vascular Institute and serves as a
forum for physician and health-care professional education about
new cardiovascular technology and interventional procedures in the
field.  The meeting is actually several conferences at once, with
tracks including CRT Valve & Structural, CRT Endovascular,
Technology & Innovation, Atherosclerosis & Research, and Nurses &
Technologists.

                        About Neovasc Inc.

Based in Richmond, British Columbia, Neovasc Inc. --
http://www.neovasc.com/-- is a specialty medical device company
that develops, manufactures and markets products for the rapidly
growing cardiovascular marketplace.  Its products include the
Neovasc Reducer, for the treatment of refractory angina, which is
not currently available in the United States and has been available
in Europe since 2015, and the Tiara, for the transcatheter
treatment of mitral valve disease, which is currently under
clinical investigation in the United States, Canada and Europe.

Neovasc reported a net loss of US$22.91 million for the year ended
Dec. 31, 2017, compared to a net loss of US$86.49 million for the
year ended Dec. 31, 2016.  As restated, the Company's restated
balance sheet as of Sept. 30, 2018, showed US$17.37 million in
total assets, US$33.44 million in total liabilities, and a total
deficit of US$16.07 million.

Grant Thornton issued a "going concern" opinion in its report on
the consolidated financial statements for the year ended Dec. 31,
2017, stating that the Company incurred a consolidated net loss of
US$24.86 million during the year ended Dec. 31, 2017, and, as of
that date, the Company's consolidated current liabilities exceeded
its current assets by US$6.06 million.  The auditors said these
conditions, along with other matters, indicate the existence of a
material uncertainty that casts substantial doubt about the
Company's ability to continue as a going concern.


NEW TRINITY COAL: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: New Trinity Coal Incorporated
        P.O. Box 100
        Oak Hill, WV 25901
        
Business Description: New Trinity Coal Incorporated is a producer
                      of metallurgical coal from its deep water
                      mine located in West Virginia, USA.

Chapter 11 Petition Date: March 4, 2019

Court: United States Bankruptcy Court
       Southern District of West Virginia (Charleston)

Case No.: 19-20088

Debtor's Counsel: James M. Pierson, Esq.
                  PIERSON LEGAL SERVICES
                  PO Box 2291
                  Charleston, WV 25328
                  Tel: (304) 925-2400
                  Email: jpierson@piersonlegal.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $100 million to $500 million

The petition was signed by Gunjan Gupta, president and CEO.

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

            http://bankrupt.com/misc/wvsb19-20088.pdf

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Bill Miller Equipment Sales                               $106,500
10200 Parkersburg Rd
Eckhart Mines, MD 21528

Boone County                                               $51,019
Sheriff Tax Office
200 State St.
Madison, WV 25130

CBIZ Valuation Group                                       $26,119
4851 LBJ Freeway, Suite 800
Dallas, TX 75244

Clark Coal and Coke Laboratory                             $18,735
1801 Route 51 South, Building 9
Jefferson Hills,, PA 15025

Compliance Mon Lab                                         $45,662
50 Caney Branch Road
Chapmanville, WV 25508

Cramer Security                                           $260,985
P.O. Box 1082
Beckley, WV 25802

Dominion Carbon Sales                                      $27,074
12001 Ravenna Drive
Chesterfield, VA 23838

Doss Engineering                                           $16,199
2313 Woodland Ave SW
Charleston, WV 25303

Elite Coal Services                                        $90,615
PO BOX 1025
Summersville, WV 26651

Essar Global Fund                 Unperfected          $61,012,326
Limited (EGFL)                   blanket lien
Essar House
10 Frere Felix De
Valois Street
Port Louis, Mauritius

Gallagher Coal Research                                     $8,758
PO BOX 1227
Crab Orchard, WV 25827

Guardco                                                   $125,935
PO BOX 64
Belfry, KY 41514

JPMorgan Chase Bank                                        $36,003
PO BOX 973636
Dallas, TX 75397

Moutain State Co                                           $57,509
PO BOX 0
Hazard, KY 41701

RT Rogers Oil Co Inc                                       $21,125
153 Grace Street
Hinton, WV 25951

Sheriff of Boone County                                    $42,273
200 State Street, Ste 102
Madison, WV 25130

Sheriff of Mingo Co                                       $457,600
P.O. Box 1270
Williamson, WV 25661

State of WV State                State Lien Tax           $253,618
Tax Deaprtment
1124 Smith Street
Charleston, WV 25301

Strum                                                      $71,917
PO BOX 650
Bridgeport, WV 26330

US Dept of the                                             $12,731
Interior Office of Surface
Mining Reclamation
3 Parkway Center
Pittsburgh, PA 15220


NVA HOLDINGS: S&P Affirms 'B' ICR on Strong Growth, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings on March 1 affirmed its 'B' issuer credit rating
on NVA Holdings Inc. It also affirmed its 'B' issue-level rating
and '3' recovery rating on NVA's first-lien credit facility and the
'CCC+' issue-level rating and '6' recovery rating on its senior
secured notes.

S&P notes NVA's business risk profile has meaningfully improved
over the past few years as a result of the improved scale of
operations but it affirmed its 'B' issuer credit rating on the
company reflecting its expectation that leverage will still remain
high, well above 6x over the next few years.

NVA has grown at a rapid pace as a result of debt-financed
acquisitions and continued strong organic growth, including 34% for
the year-over-year period ended Dec. 31, 2018. Total revenues for
the trailing-12-month period were about $1.5 billion, an amount
substantially higher than rated peers.

NVA's increasing scale versus its rated peers moderately
strengthens its negotiating power with its suppliers and leads to
stronger cash flow generation, further supporting NVA's acquisition
driven growth strategy. This has helped improve the company's
business risk over the past few years. S&P is affirming the
existing ratings because it expects NVA's aggressive growth
strategy, which is still mainly funded with incremental debt, to
sustain leverage above 6x over the next few years.

The stable outlook reflects S&P's expectation that NVA will
continue generating acquisition-driven, double-digit percent
revenue growth and that EBITDA margins will remain stable. At the
same time, S&P expects the company's aggressive debt-financed
growth strategy will cause it to sustain leverage above 6x through
fiscal-year-end 2020.


OMEROS CORP: Incurs $126.8 Million Net Loss in 2018
---------------------------------------------------
Omeros Corporation has filed with the Securities and Exchange
Commission its Annual Report on Form 10-K reporting a net loss of
$126.75 million for the year ended Dec. 31, 2018, compared to a net
loss of $53.48 million for the year ended Dec. 31, 2017.

Revenues for the full year 2018 were $29.9 million, a decrease of
53.9 percent compared to $64.8 million for the full year 2017.  The
decrease in OMIDRIA revenue in 2018 was primarily attributable to
the lack of separate payment for OMIDRIA under Medicare Part B from
Jan. 1, 2018 through Sept. 30, 2018.

Total operating costs and expenses for the year ended Dec. 31, 2018
were $142.1 million, an increase of $33.4 million compared to 2017.
The increase from the prior year related primarily to higher
third-party manufacturing scale-up costs for the Company's
narsoplimab program as it continues to increase its production
capacity to meet anticipated clinical and commercial requirements,
as well as higher costs associated with initiation of our Phase 3
clinical trial of narsoplimab in IgA nephropathy and our Phase 1
clinical trial for OMS527, its PDE7 program for addiction and
compulsive disorders.

As of Dec. 31, 2018, Omeros had $95.93 million in total assets,
$37.35 million in total current liabilities, $1.57 million in lease
obligation (net of current portion), $148.98 million in unsecured
convertible senior notes, $8.17 million in deferred rent, and a
total shareholders' deficit of $100.15 million.

Ernst & Young LLP, in Seattle, Washington, issued a "going concern"
opinion in its report on the consolidated financial statements for
the year ended Dec. 31, 2018 stating that the Company has suffered
losses from operations and has stated that substantial doubt exists
about the Company's ability to continue as a going concern.

                       Fourth Quarter 2018

For the quarter ended Dec. 31, 2018, revenues were $22.0 million,
all relating to sales of OMIDRIA.  This compares to OMIDRIA
revenues of $13.8 million for the same period in 2017.  On a
sequential quarter-over-quarter basis, OMIDRIA revenue increased by
$17.4 million from the third quarter of 2018.  The increase from
the prior periods reflects strong demand for OMIDRIA from ASCs and
hospitals following reinstatement of pass-through reimbursement on
Oct. 1, 2018.

Total operating costs and expenses for the three months ended Dec.
31, 2018 were $40.5 million compared to $27.9 million for the same
period in 2017.  The change in the current year quarter was
primarily due to increased research and development spending, which
includes manufacturing scale-up costs, as the Company continues to
advance narsoplimab for the treatment of HSCT-TMA towards
regulatory submission in the U.S. and Europe, incremental Phase 3
clinical costs for its narsoplimab program in IgA nephropathy and
increased Phase 1 clinical costs for OMS527, its PDE7 program for
addiction and compulsive disorders.

For the three months ended Dec. 31, 2018, Omeros reported a net
loss of $23.5 million, or $0.48 per share, which included non-cash
expenses of $4.9 million ($0.10 per share).  This compares to the
prior year's fourth quarter when Omeros reported a net loss of
$16.6 million, or $0.34 per share, which included non-cash expenses
of $4.5 million ($0.09 per share).

At Dec. 31, 2018, the company had cash, cash equivalents and
short-term investments available for operations of $60.5 million.

In November 2018 Omeros issued $210.0 million of 6.25 percent
unsecured Convertible Senior Notes due Nov. 15, 2023. Concurrently,
Omeros entered into a capped call transaction significantly
reducing the potential dilution if the convertible notes are
settled in common shares, and repaid all amounts then outstanding
under its existing notes payable.  Omeros recorded a one-time $13.0
million charge on early extinguishment of debt and a $13.0 million
income tax benefit in the quarter ended Dec. 31, 2018.

"We're pleased with the record OMIDRIA sales in the fourth quarter,
which, together with stronger than historical demand for the
product in January and February, form the basis for our
expectations of substantial growth through 2019," said Gregory A.
Demopulos, M.D., Omeros' chairman and chief executive officer.
"Adding to our success with OMIDRIA, we have significantly advanced
narsoplimab, our MASP-2 inhibitor, toward what we anticipate will
be its first in a line of approvals, with our team currently
preparing a BLA for stem cell-associated TMA.  Behind stem-cell
TMA, narsoplimab is in Phase 3 trials for IgA nephropathy and for
aHUS, and we anticipate success here as well. OMS527 for addiction
is in a Phase 1 clinical program, and our MASP-3 inhibitor, OMS906,
and small-molecule inhibitor of MASP-2 are slated to enter the
clinic next year.  We've also expanded our pipeline into
immuno-oncology with antagonists against GPR174, a novel target
that, based on our animal and ex-vivo human data, increasingly
appears to control a critical axis in the treatment of cancers.
Across our programs, 2019 looks to be a year of tremendous
achievements that we expect will ultimately improve — and save --
patients' lives."

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

                     https://is.gd/BC4mcP

                   About Omeros Corporation

Omeros Corporation -- http://www.omeros.com/-- is a
commercial-stage biopharmaceutical company committed to
discovering, developing and commercializing small-molecule and
protein therapeutics for large-market as well as orphan indications
targeting inflammation, complement-mediated diseases and disorders
of the central nervous system.  The Company's drug product OMIDRIA
(phenylephrine and ketorolac intraocular solution) 1% / 0.3% is
marketed for use during cataract surgery or intraocular lens (IOL)
replacement to maintain pupil size by preventing intraoperative
miosis (pupil constriction) and to reduce postoperative ocular
pain.  In the European Union, the European Commission has approved
OMIDRIA for use in cataract surgery and other IOL replacement
procedures to maintain mydriasis (pupil dilation), prevent miosis
(pupil constriction), and to reduce postoperative eye pain.  Omeros
has multiple Phase 3 and Phase 2 clinical-stage development
programs focused on: complement-associated thrombotic
microangiopathies; complement-mediated glomerulonephropathies;
Huntington's disease and cognitive impairment; and addictive and
compulsive disorders.  In addition, Omeros has a diverse group of
preclinical programs and a proprietary G protein-coupled receptor
(GPCR) platform through which it controls 54 new GPCR drug targets
and corresponding compounds, a number of which are in pre-clinical
development.  The company also exclusively possesses a novel
antibody-generating platform.  The Company is headquartered in
Seattle, Washington.



ONE CALL: S&P Raises Long-Term ICR to 'CCC', Outlook Negative
-------------------------------------------------------------
S&P Global Ratings on March 1 raised its long-term issuer credit
rating on U.S. workers' compensation medical cost-containment
provider One Call Corp. to 'CCC' from 'SD' and said the outlook is
negative.

S&P also raised its debt ratings on the company's first-lien notes
due 2024 to 'CCC' from 'D', and first-lien term loan due 2020 to
'CCC' from 'CC'. It lowered its debt rating on the company's
first-lien revolver due 2020 to 'CCC' from 'CCC+'. S&P also lowered
its debt rating on the company's first-lien term loans due 2022 to
'D' from 'CC' and immediately afterwards, it raised the ratings on
these issues to 'CCC'. The recovery rating on the company's senior
secured first-lien facilities remains '3', indicating S&P's
expectation of meaningful (50%-70%; rounded estimate: 50%) recovery
in the event of a payment default.

Additionally, S&P raised its debt ratings on the company's
second-lien notes due 2024 to 'CC' from 'D', and lowered its debt
ratings on the company's senior unsecured notes due 2021 to 'CC'
from 'CCC-'. The recovery rating on these issues remains '6',
indicating S&P's expectation of negligible (0%-10%; rounded
estimate: 0%) recovery in the event of a payment default.

The upgrade follows S&P's review of the company's credit profile
subsequent to the exchange completed on Feb. 26, 2019, on its
first-lien term loan, and on Feb. 6, 2019, on its first- and
second-lien notes. Collectively between these two transactions,
both of which S&P viewed as distressed exchanges, the company has
replaced $145 million of 7.5% first-lien notes due 2024, $113
million of 10% second-lien notes due 2024, and $104 million of
LIBOR plus 5.25% first-lien term loan due 2022 with $339 million of
new first-lien PIK Toggle (11.00% PIK, 7.50% cash) notes due 2024.
The rating reflects S&P's view that although the completed
exchanges alleviate around $30 million of annual cash interest
requirements, the company remains susceptible to a default (which
would likely take the form of another distressed exchange or
financial covenant breach) over the next 12 months given its
weakened performance and liquidity, highly elevated leverage
levels, and tight financial covenant.

S&P assesses One Call's liquidity as less than adequate. Although
the cash interest save from the completed exchanges ($12 million
saved for 2019, $30 million on a run-rate basis) has helped the
company's liquidity position, it remains tight with sources over
uses of liquidity of around 1x for the next 12 months, and negative
sources minus uses of liquidity with a 15% decline in EBITDA,
according to S&P.

Principal liquidity sources:

-- $20 million-$25 million of combined revolver availability and
balance-sheet cash post-exchange

-- Minimal cash-flow generation over the next 12 months

Principal liquidity uses:

-- Required annual debt amortization of $10 million

-- $25 million-$30 million of capital expenditures over the next
12 months (about $15 million-$20 million run rate, and an
additional $10 million-$20 million to fund IT system conversion)

-- No debt maturities in 2019, $37 million in 2020, and $6 million
in 2021

Covenants:

-- One Call has a springing revolver covenant (when revolver is
more than 20% drawn) on its $56.6 million first-lien revolver due
August 2022. The covenant has a first-lien leverage maximum of 7x
(steps down to 6.75x at year-end 2020). As of third-quarter 2018,
the cushion on this covenant was adequate at 18%. However, with the
additional $90 million in first-lien debt through the completed
exchanges, the covenant cushion will compress and S&P's anticipate
a tight cushion in the 3%-8% range through 2019.

The outlook is negative. Given the tight covenant cushion
post-exchange, there is a heightened possibility of a covenant
breach if the company does not meet S&P's base-case operating
forecasts (which are essentially flat in 2019 relative to 2018).

Additionally, given the company's unsustainable capital structure
and its history of exchange offers, S&P thinks there is a
possibility the company would consider another distressed exchange
in the next 12 months, particularly if underperformance continues
in 2019 and liquidity weakens further. Finally, if liquidity
weakens further due to underperformance relative to expectations,
it is possible the company will have difficulty organically funding
its $37 million debt maturity in 2020.

S&P would lower the rating by one notch if it believes a default
(which could take the form of another distressed exchange or a
financial covenant breach) is inevitable over the next six months.

S&P could raise the rating if the company profitably grows earnings
and cash flows such that liquidity improves, credit metrics
strengthen (including EBITDA coverage comfortably above 1x), and
the covenant cushion strengthens (sustained at least above 10%),
leading S&P to believe that the likelihood of a default (which
would include a covenant breach or another distressed exchange) is
limited within the next 12 months. This scenario would include
demonstrated success on the company's turnaround plan, including
increasing new business and retention trends, tangible benefits
from operational and system improvement efforts, and materially
reduced restructuring spend.

-- S&P has updated its recovery analysis of One Call. S&P has
revised all of its debt ratings, reflecting the issuer rating and
traditional recovery analysis.

-- The first-lien recovery ratings remain unchanged at '3', but
deteriorate to a rounded estimate of 50% from 65% due to the
additional first-lien debt. The recovery ratings on the second-lien
and unsecured debt (the 1.5-lien is unrated) remain '6' (0%).

-- S&P's simulated default scenario contemplates a payment default
in 2020 arising from significant business losses and cost
overruns.

-- S&P has valued the company on a going-concern basis using a 5x
multiple over S&P's projected emergence EBITDA.

-- S&P believes lenders would achieve the greatest recovery value
through reorganization rather than liquidation of the business.

-- Year of default: 2020

-- Emergence EBITDA: $171 million

-- EBITDA multiple: 5x

-- Gross enterprise value (EV): $855 million

-- Net EV (after 5% administrative costs) $812 million

-- Obligor/nonobligor valuation split (%): 100/0

-- Collateral value available to first-lien lenders: $812 million

-- Secured first-lien debt: $1.57 billion

-- Recovery expectations: 50%-70% (rounded estimate: 50%)

-- Collateral value available to 1.5 lien, second-lien, and
unsecured lenders: $0

-- Secured 1.5 lien debt: $349 million

-- Secured second-lien debt: $306 million

-- Total unsecured debt: $6 million

-- Recovery expectations: 0%-10% (rounded estimate: 0%)

All debt amounts include six months of prepetition interests.


POP'S PAINTING: Exclusive Filing Period Extended Until April 1
--------------------------------------------------------------
Judge Caryl Delano of the U.S. Bankruptcy Court for the Middle
District of Florida granted the request of Pop's Painting Inc. and
Pop's Coatings, Inc. to extend the period during which they have
the exclusive right to file a Chapter 11 plan to April 1.

The bankruptcy judge also moved the deadline for the companies to
file a plan and disclosure statement to June 30.

                   About Pop's Painting

Pop's Painting -- http://www.popsinc.net/-- is a privately held
company in Lakeland, Florida, that offers abrasive blasting,
protective coatings and liners, powder coating, and intumescent
coatings to individual and/or small business clients. The company's
subsidiary, Pop's Coatings, provides the industry with powder
coating, fusion bonded epoxy, Teflon, and other coatings and liners
requiring heat cure.

Pop's Painting Inc. and Pop's Coatings, Inc., each filed a
voluntary Chapter 11 petition (Bankr. M.D. Fla. Case No. 18-04673
and Case No. 18-04674) on June 4, 2018.  The cases are assigned to
Judge Caryl E. Delano.

Stichter, Riedel, Blain & Postler, P.A., serves as the Debtors'
counsel.

At the time of filing, Pop's Painting estimated $1 million to $10
million in both assets and liabilities; and Pop's Coatings
estimated $50,000 to $100,000 in assets and $500,000 to $1 million
in liabilities.


PROPEL SCHOOLS, CA: S&P Alters Revenue Bond Outlook to Negative
---------------------------------------------------------------
S&P Global Ratings on March 1 revised its outlook to negative from
stable and affirmed its 'BB+' rating on Allegheny County Industrial
Development Authority, Pa.'s series 2013 charter school revenue
bonds, issued on behalf of School Facilities Development Inc. (SFD)
for Propel Schools--Braddock Hills.

At the same time, S&P Global Ratings revised its outlook to
negative from stable and affirmed its 'BBB-' rating on Allegheny
County Industrial Development Authority, Pa.'s:

-- Series 2013 charter school revenue bonds, issued on behalf of
SFD for Propel Charter Schools – East;

-- Series 2010B charter school revenue bonds, issued for Propel
Charter Schools-McKeesport (Propel McKeesport); and

-- Series 2010A charter school revenue bonds, issued for Propel
Charter Schools-Montour (Propel Montour).

"The negative outlook reflects our view of the parent organization
Propel Charter Schools' or Propel's weakening enterprise profile,"
said S&P Global Ratings credit analyst Kaiti Wang. "Propel consists
of eight charter schools and three of them are operating with
expired charters. The uncertainty caused by the unresolved charter
renewals and upcoming renewals this year and in 2020 are, in our
view, credit risks that could result in a lower rating within the
one-year outlook period," Ms. Wang added.

Under state law, the current charter will remain in force until a
decision for revocation or nonrenewal is made.

Propel is the only charter school system in the Pittsburgh region
to operate more than two schools. Propel Braddock Hills is one of
eight separately chartered schools currently administered by Propel
Schools. The eight schools serve primarily K-8: Propel Homestead
(Homestead K-8 and Andrew Street High School), McKeesport, East,
Montour (K-12 in fiscal 2018), Braddock Hills (K-12), Northside,
Hazelwood, and Pitcairn. Each school is a legally separate entity
with its own charter and reports its own financial statements.
Management also reports consolidated audits for all Propel schools
plus the administration unit in the system.


R & B SERVICES: Exclusive Plan Filing Period Extended to April 22
-----------------------------------------------------------------
Judge Carla Craig of the U.S. Bankruptcy Court for the Eastern
District of New York extended the period during which R & B
Services Inc. has the exclusive right to file a Chapter 11 plan
through April 22, and to solicit acceptances for the plan through
June 21.

The extension would give R & B Services more time to develop
projections for the plan and negotiate claims with creditors,
including the Internal Revenue Service, the company disclosed in
court filings.

                     About R & B Services

R & B Services Inc. is a construction company based in New York.
Its services include general contracting, demolition excavation
utility and site work.

R & B Services sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D.N.Y. Case No. 18-43646) on June 24, 2018.  In the
petition signed by Reginald Bridgewater, president, the Debtor
estimated assets of $1 million to $10 million and liabilities of $1
million to $10 million.  Judge Carla E. Craig presides over the
case.  The Debtor tapped Sichenzia Ross Ference Kesner LLP as its
legal counsel; and Mohen Cooper LLC as special counsel.


REPUBLIC METALS: Exclusive Plan Filing Period Extended Until May 1
------------------------------------------------------------------
Judge Sean Lane of the U.S. Bankruptcy Court for the Southern
District of New York granted the request of Republic Metals
Refining Corp. and its affiliated debtors to extend the period
during which they have the exclusive right to file a Chapter 11
plan through May 1, and to solicit acceptances for the plan through
June 30.

                  About Republic Metals Refining

Founded in 1980, Republic Metals Refining Corporation and its
affiliates are refiner of precious metals with a primary focus on
gold and silver.  They have the capacity to produce approximately
80 million ounces of silver and 350 tons of gold, along with over
55 million pieces of minted products per annum.  Suppliers ship
unrefined gold and silver to Republic for refining from all over
The United States and the Western Hemisphere.  They provide their
products and services to a diverse base of global mining
corporations, financial institutions and jewelry manufacturers.

Republic Metals Refining, Republic Metals Corporation and Republic
Carbon Company, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case Nos. 18-13359 to 18-13361) on
Nov. 2, 2018.

In the petition signed by CRO Scott Avila, Republic Metals Refining
estimated assets of $1 million to $10 million and liabilities of
$100 million to $500 million.

The Debtors tapped Akerman LLP as their legal counsel; Paladin
Management Group, LLC as financial advisor; and Donlin, Recano &
Company, Inc., as claims and noticing agent.

On Nov. 19, 2018, the Office of the United States Trustee for
Region 2 appointed an official committee of unsecured creditors.
The Committee retained Cooley LLP, as counsel; and CBIZ Accounting,
Tax & Advisory of New York, LLC, and CBIZ, Inc., as financial
advisor.


REPUBLIC METALS: Proposes Sale of Remaining Assets
--------------------------------------------------
Republic Metals Refining Corp. and affiliates filed with the U.S.
Bankruptcy Court for the Southern District of New York a notice of
their proposed sale of remaining assets.

On Nov. 28, 2018, the Debtors filed their Prepaid Customer Motion,
which sought permission from the Court to sell approximately $8.2
million of material, composed of $3.2 million worth of customers’
orders that were packaged and awaiting shipment on the Filing Date
and an additional $5 million worth of inventory that while
available for packaging on the Filing Date, remained in the
Debtors’ general inventory.

On Dec. 11, 2018, the Debtors filed their Supplement to the Prepaid
Customer Motion, which asked for Court authority, with the consent
of the Secured Parties and the Committee, to settle the claims of
customers asserting an ownership interest in regards to the
Packaged Product and any Additional Claims, without further Court
order under limited parameters described in the Supplement.   On
Jan. 4, 2019, the Court entered its Prepaid Sale Order.

Pursuant to "Paragraph 2" of the Prepaid Sale Order, the Debtors
were not allowed to sell the prepaid goods shown as to the
following Customers on Exhibit B of the Prepaid Customer Motion
which were part of the Packaged Goods ("Remaining Packaged Goods"):
(i) APMEX; (ii) Bayside Metal Exchange; (iii) Mid-States; (iv) MK
Management; (v) My Gold Limited; (vi) NCF; (vii) Prince & Izant;
(viii) Texas Precious Metals; (ix) Cornerstone Capital; (x) GMR
Gold; and (xi) Scotsman Coin.

Pursuant to "Paragraph 3" of the Prepaid Sale Order, the Debtors
were not authorized to sell the following additional goods
("Remaining Additional Goods"): (i) AG 1 OZ .9999 APMEX/RMC RND -
$7,448.04 (506 ); (ii) AG 1 OZ DOVE RND - $64,033.98 (3,795); (iii)
AG 1 OZ JERUSALEM RND - $81,038.98 (4,795); (iv) AG 1 OZ MY GOLD
STAG RND - $15,260 (1,000); (v) AG 10 OZ .9999 APMEX/RMC BAR -
$97,246.50 (6,500); (vi) AG 100 OZ .9999 APMEX/RMC BAR -
$221,175.00 (15,000); (vii) AG KILO MYGOLD STAG BAR - $2,422.21
(161); (viii) AU 1 OZ APMEX BAR - $121,502.50 (100); and (ix) AU 1
OZ TEXAS PREC. METALS BAR - $123,270 (100).

In addition to the Remaining Packaged Goods and Remaining
Additional Goods, the Debtors possess identified and segregated
materials claimed by various customers ("Remaining Unprocessed
Material") with estimated values as shown: (i) Alamos Gold Inc. -
$1,805,080; (ii) Bay Area Metals - $35,062; (iii) Los Filos/Leagold
- $1,757,586; (iv) Midwest Refineries - $2,882; (v) Pollock-Cameron
Investments Corp., o/a Vancouver Gold Buyer - $88,501; (vi)
Pyropure, Inc. (Pyromet) - $93,466; (vii) So Accurate - $116,522;
(viii) Wharf Resources (U.S.A.), Inc. - $298,090; and (ix) Marigold
Mining Co. - $312,788.

The Debtors are also in possession of 700 units of AG 10 OZ Pyromet
Bars which Pyropure, Inc. (Pyromet) has asserted an ownership
interest in.  Additionally, RMC owns and has title to consigned
goods being held by consignees as bailees for RMC.  The Brink's Co.
has in its possession of certain materials which the Debtors assert
belong to the estate.  

Finally, the Debtors have the following assets in consignment with
the identified third parties and as to which material the Debtors
assert belong to the estate:

          Consignee              Gold     Silver

           Apmex                   5         17
       Doc Investments                    2,505
        First Majestic Silver               482
       Global Bullion              2      1,655
        Gold Depot               643
       Horizon Metals            322
         KARKOUR               1,061      7,125
       Liberty Coin              116      6,376
           MMX                              500
       So-Accurate               322
           USGB                   72      2,613
       Grand Total             2,542     21,273


On Dec. 21, 2018 the Debtors filed their Sale Procedure Motion.
The Court, on Jan. 11, 2019, entered its Order Granting Sale
Procedure Motion.  The Sale Procedure Motion, among other things,
scheduled a Sale Hearing to take place on Feb. 13, 2019.  The
closing of a sale of substantially all of the Debtors' Assets, as
that term is defined in the stalking horse Asset Purchase Agreement
between Debtor Republic Metal Corp/ and Valcambi S.A., to the
highest and best bidder, is expected to take place on Feb. 28,
2019.   

The Debtors are continuing to liquidate the last of their metals
and raw materials in anticipation of the closing of the sale and
the delivery of the Debtors' premises to the Court approved buyer.
They ask Court authority to process and sell the Remaining Assets
free and clear of all liens, claims, rights, title, interests, and
encumbrances, with the Claims to attach to the proceeds of such a
sale.  Specifically, the Debtors propose to monetize the Remaining
Assets on a wholesale basis, as expeditiously as possible, in
whatever manner the CRO determines in his business judgment will be
most beneficial to the bankruptcy estate.  This includes melting or
processing the Remaining Assets for sale in the ordinary course of
business.

The Debtors anticipate that various Customers and the Senior
Lenders will assert competing liens and/or property interest rights
to the Remaining Assets and their sale proceeds.  Therefore, the
Motion is filed to put all parties that may claim an interest in
the Remaining Assets on notice of the Debtors' intent to melt,
process, reprocess, and sell Remaining Property while maintaining
the status quo as the ownership dispute over of the Remaining
Property plays out through the Court's other procedures instituted
and approved for those matters.   

To implement the foregoing successfully, the Debtors respectfully
ask a waiver of the notice requirements under Bankruptcy Rule
6004(a) and the 14-day stay of an order authorizing the use, sale,
or lease of property under Bankruptcy Rule 6004(h).

A hearing on the Motion is set for Feb. 21, 2019 at 10:00 a.m.
(ET).  The objection deadline is Feb. 14, 2019 at 4:00 p.m. (ET).

                 About Republic Metals Refining

Founded in 1980, Republic Metals Refining Corporation and its
affiliates are refiner of precious metals with a primary focus on
gold and silver.  They have the capacity to produce approximately
80 million ounces of silver and 350 tons of gold, along with over
55 million pieces of minted products per annum.  Suppliers ship
unrefined gold and silver to Republic for refining from all over
The United States and the Western Hemisphere.  They provide their
products and services to a diverse base of global mining
corporations, financial institutions and jewelry manufacturers.

Republic Metals Refining, Republic Metals Corporation and Republic
Carbon Company, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case Nos. 18-13359 to 18-13361) on
Nov. 2, 2018.

In the petition signed by CRO Scott Avila, Republic Metals Refining
estimated assets of $1 million to $10 million and liabilities of
$100 million to $500 million.  

The Debtors tapped Akerman LLP as their legal counsel; Paladin
Management Group, LLC as financial advisor; and Donlin, Recano &
Company, Inc. as claims and noticing agent.


RESOLUTE ENERGY: Monarch Alternative Ceases to be a Shareholder
---------------------------------------------------------------
Monarch Alternative Capital LP, MDRA GP LP, and Monarch GP LLC
disclosed in a Schedule 13D/A filed with the Securities and
Exchange Commission that as of March 1, 2019, they have ceased to
beneficially own any shares of common stock of Resolute Energy
Corporation.

A direct wholly owned subsidiary of Cimarex merged with and into
Resolute Energy Corporation on March 1, 2019.  Pursuant to the
Merger Agreement, at the effective time of the Merger, each share
of Common Stock and restricted stock of Resolute Energy was
converted, at each Reporting Person's option and subject to
proration procedures as set forth in the Merger Agreement, into the
right to receive an amount in cash, without interest, equal to
$14.00 and 0.2366 validly issued, fully paid and non-assessable
shares of common stock of Purchaser, par value $0.01 per share.
The closing price of Purchaser Common Stock on March 1, 2019 was
$73.08.

A full-text copy of the regulatory filing is available for free at:
https://is.gd/Z2SWw1

                        Cimarex Resolute LLC

Denver-based Cimarex, formerly known as Resolute Energy, is an
independent oil and gas exploration and production company with
principal operations in the Permian Basin and Mid-Continent areas
of the U.S.  For more information, visit https://www.cimarex.com.
The Company's common stock is traded on the NYSE under the ticker
symbol "XEC."

Resolute incurred a net loss available to common shareholders of
$7.70 million in 2017 following a net loss available to common
shareholders of $161.7 million in 2016.  As of Sept. 30, 2018, the
Company had $897.8 million in total assets, $992.6 million in total
liabilities and a total stockholders' deficit of $94.84 million.


SALLE FAMILY: Salle Buying Newland Property for $515K
-----------------------------------------------------
Salle Family Land Trust, LLC, asks the U.S. Bankruptcy Court for
the Western District of North Carolina to authorize the private
sale of the real property consisting of a 2,813 sq. ft. house on
0.75 acres located at 137 N. Ridge Drive, Newland, North Carolina
to David A. Salle for $515,000.

The Debtor is the titled owner of the property. The Avery County
tax office PIN for the parcels is 1822-00-30-9421-00000.  The most
recent county tax valuation on Feb. 2, 2018 was $510,200.  The
Debtor also had the property independently appraised by Ben Jones
Appraisal Services, Inc, 903 Bairds Creek Rd, Vilas, NC 28692 on
Sept. 22, 2017 which valuation was determined to be $517,000.

The Debtor has entered into a contract to sell the 137 N. Ridge
property to the Buyer for the price of $515,000.  The parties have
executed their Offer to Purchase and Contract.  The sale will be
made free and clear of any liens, encumbrances or other claims to
the
property with any valid liens to attach to the proceeds of the
sale.

The Debtor's property is subject to a first mortgage held by Boyd
Hard Money Lending, LLC in the approximate amount of $391,857.  It
is subject to a pre-petition property tax obligation in the amount
of $1,990 and a current post-petition property tax obligation in
the amount of $2,806.

The Buyer is a Managing Member of Salle Family Land Trust, LLC and
is a personal guarantor to the Boyd Hard Money Lending, LLC
mortgage.  The sale is a proposed sale "at or greater than" market
value to an insider, as defined in Bankruptcy Code 11 U.S.C.
Section 101(a)(31).

From the proceeds of the sale, the first mortgage pertaining to the
subject property by Boyd Hard Money Lending, LLC will be paid in
full, and any outstanding ad valorem taxes will be paid in full.  A
flat fee $1,000 real estate commission will be paid to APX
Realty, LLC 1873 Tynecastle Hwy, Banner Elk, NC 28604, NCREC
license #C30002.

The Debtor and thereafter dispersed to the remaining creditors
totaling $18,507 as outlined in the Second Amended Plan and Second
Amended Disclosure Statement, generally as follows:

     Unsecured Claim Creditors:

          Carolina Pool Service - $3,000
          Francisco Huendo - $3,000
          HughesNet Communications Inc. - $397
          Piedmont Natural Gas - $898

     Secured Claim Creditor: Mountain Air Property - $3,484

     Priority Claim Creditor: Avery County Tax Office - $1,728

     Administrative Claims - $6,000

A hearing on the Motion is set for March 5, 2019 at 10:00 a.m.
Objections, if any, mus tbe filed within 21 days from the date of
Notice.

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

     http://bankrupt.com/misc/Salle_Family_70_Sales.pdf

               About Salle Family Land Trust

Salle Family Land Trust, LLC, is engaged in activities related to
real estate.  The company is the fee simple owner of three real
properties located in Newland and Burnsville, North Carolina,
valued by the company at $1.03 million in the aggregate.

Salle Family Land Trust filed a voluntary Chapter 11 petition
(Bankr. W.D.N.C. Case No. 18-10214) on May 25, 2018.  In the
petition signed by David Salle, managing member, the Debtor
disclosed $1.03 million in total assets and $644,798 in total
liabilities.  The case is assigned to Judge George R. Hodges.
Benson T. Pitts, Esq., at Pitts, Hay & Hugenschmidt, P.A., is the
Debtor's counsel.


SAN JACINTO VENTURES: Voluntary Chapter 11 Case Summary
-------------------------------------------------------
Debtor: San Jacinto Ventures, LLC
          dba Abilene Hotel
        22110 Cassini Ct.
        Richmond, TX 77407

Business Description: San Jacinto Ventures, LLC filed as a
                      Domestic Limited Liability Company (LLC) in
                      the State of Texas on March 29, 2016, as
                      recorded in documents filed with Texas
                      Secretary of State.

Chapter 11 Petition Date: March 4, 2019

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Case No.: 19-31260

Debtor's Counsel: Adelita Cavada, Esq.
                  ADELITA CAVADA LAW
                  10004 Wurzbach Rd. #159
                  San Antonio, TX 78230
                  Tel: 210-880-5299
                  Fax: 833-851-3160
                  E-mail: adelita@adelitacavadalaw.com
                          adelitacavadalaw@gmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Mohamad Tawil, director.

The Debtor did not 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/txsb19-31260.pdf


SHOE SHIELDS: Trustee Seeks to Hires Quilling Selander as Counsel
-----------------------------------------------------------------
Christopher J. Moser, the Chapter 11 Trustee of Shoe Shields LLC,
and its debtor-affiliates, seeks authority from the U.S. Bankruptcy
Court for the Northern District of Texas to employ Quilling
Selander Lownds Winslett & Moser, P.C., as counsel to the Trustee.

The Trustee requires Quilling Selander to:

   a. assist the Trustee in determining the extent of property of
      the estate;

   b. investigate and pursue both litigation claims and avoidance
      claims on behalf of the bankruptcy estate;

   c. review proofs of claim filed against the Debtors' estate,
      prepare appropriate objection to claims and to represent
      the Trustee at any claim objection hearings;

   d. give the Trustee legal advice with respect to his duties as
      Trustee;

   e. take such action as is necessary to preserve, protect and
      collect property of the estate;

   f. assist the Trustee in monitoring the operations and
      financial accountability of the Debtor's business;

   g. prepare on behalf of the Trustee all necessary
      applications, answers, orders, objections, reports and
      other legal documents; and

   h. perform any and all other legal services for the Trustee
      which may be necessary herein.

Quilling Selander will be paid at these hourly rates:

     Shareholders              $300 to $500
     Associates                $200 to $275
     Paralegals                   $100

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

John Paul Stanford, a shareholder of Quilling Selander Lownds
Winslett & Moser, 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.

Quilling Selander can be reached at:

     John Paul Stanford, Esq.
     QUILLING SELANDER LOWNDS
     WINSLETT & MOSER, P.C.
     2001 Bryan Street, Suite 1800
     Dallas, TX 75201
     Tel: (214) 871-2100
     Fax: (214) 871-2111

                      About Shoe Shields

Based in Addison, Texas, OSR Patent LLC filed a voluntary Chapter
11 petition (Bankr. N.D. Tex. Case No. 19-30180) on Jan. 18, 2019.
An affiliate, Shoe Shields LLC, also filed a voluntary Chapter 11
petition (Bankr. N.D. Tex. Case No. 19-03007) on Jan. 24, 2019.

In the petition signed by Sangeeta Rajpal, manager, OSR Patent
estimated $100,001 to $500,000 in assets and $50,001 to $100,000 in
liabilities.  John J. Gitlin, Esq., in Dallas, Texas, serves as
counsel to the Debtors.

On Feb. 13, 2019, an order granting a motion to appoint trustee was
entered by the court.  Christopher J. Moser was thereafter
appointed as the Chapter 11 Trustee of the Debtors' bankruptcy
estate.  The Trustee hired Quilling Selander Lownds Winslett &
Moser, P.C., as counsel.


SPANISH BROADCASTING: HCN & Bardin Own 9.8% of Class A Shares
-------------------------------------------------------------
In a Schedule 13G/A filed with the Securities and Exchange
Commission, these entities reported beneficial ownership of shares
of Class A common stock, $0.0001 par value, of Spanish Broadcasting
System, Inc. as of Dec. 31, 2018:

                                           Shares      Percent
                                         Beneficially     of
  Reporting Person                          Owned       Class
  ----------------                      ------------   -------
Bardin Hill Investment Partners LP        416,000        9.8%
Halcyon Management Holdings GP LLC        416,000        9.8%
HCN LP                                    292,540        6.9%
HCN GP LLC                                292,540        6.9%
Bardin Hill Event-Driven Master Fund LP   123,460        2.9%
Bardin Hill Fund GP LLC                   123,460        2.9%
Jason Dillow                              416,000        9.8%

The address of the principal business office of each of the
Reporting Persons is 477 Madison Avenue, 8th Floor, New York, NY
10022.

The securities reported are directly held by HCN LP and Bardin Hill
Master Fund.  Bardin Hill Partners is the investment manager of
each of the Funds, and pursuant to Investment Management
Agreements, Bardin Hill Partners exercises voting and investment
power over securities directly held by the Funds.  Halcyon
Management is the general partner of Bardin Hill Partners.  HCN GP
is the general partner of HCN.  Bardin Hill GP is the general
partner of Bardin Hill Master Fund.  Jason Dillow is the chief
executive officer and chief investment officer of Bardin Hill
Partners.

A full-text copy of the regulatory filing is available for free at:
https://is.gd/BYTVdQ

                  About Spanish Broadcasting

Based in Miami, Florida, Spanish Broadcasting System, Inc.
(OTCMKTS:SBSAA) -- http://www.spanishbroadcasting.com/-- owns and
operates radio stations located in the top U.S. Hispanic markets of
New York, Los Angeles, Miami, Chicago, San Francisco and Puerto
Rico, airing the Tropical, Regional Mexican, Spanish Adult
Contemporary, Top 40 and Urbano format genres SBS also operates
AIRE Radio Networks, a national radio platform of over 250
affiliated stations reaching 94% of the U.S. Hispanic audience.
SBS also owns MegaTV, a network television operation with
over-the-air, cable and satellite distribution and affiliates
throughout the U.S. and Puerto Rico, produces a nationwide roster
of live concerts and events, and owns a stable of digital
properties, including La Musica, a mobile app providing
Latino-focused audio and video streaming content and HitzMaker, a
new-talent destination for aspiring artists.

The report from the Company's independent accounting firm Crowe
Horwath LLP, the Company's auditor since 2013, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the 12.5% Senior Secured Notes
had a maturity date of April 15, 2017.  Cash from operations or the
sale of assets was not sufficient to repay the notes when they
became due.  In addition, for the year ended Dec. 31, 2017, the
Company had a working capital deficiency and negative cash flows
from operations.  These factors raise substantial doubt about its
ability to continue as a going concern.

Spanish Broadcasting reported net income of $19.62 million for the
year ended Dec. 31, 2017, compared to a net loss of $16.34 million
for the year ended Dec. 31, 2016.  As of Sept. 30, 2018, Spanish
Broadcasting had $437.7 million in total assets, $530.24 million in
total liabilities, and a total stockholders' deficit of $92.57
million.

                             *   *   *

In May 2017, S&P Global Ratings withdrew its 'D' corporate credit
rating and issue-level ratings on Spanish Broadcasting System.  "We
withdrew the ratings because we were unlikely to raise them from
'D', based on SBS' ongoing plans to restructure its debt," said S&P
Global Ratings' credit analyst Scott Zari.  S&P had downgraded SBS
to 'D' on April 21, 2017, following the company's announcement that
it didn't repay its $275 million 12.5% senior secured notes that
were due April 15, 2017, as reported by the TCR on May 25, 2017.

In April 2017, Moody's Investors Service downgraded SBS's corporate
family rating to 'Ca' from 'Caa2'.  SBS's 'Ca' corporate family
rating reflects an elevated expected loss rate following the
default under the company's 12.5% senior secured notes due April
2017, said Moody's.


STEELE AVIATION: Seeks to Hire Louis J. Esbin as Counsel
--------------------------------------------------------
Steele Aviation, Inc., seeks authority from the U.S. Bankruptcy
Court for the Central District of California to employ the Law
Offices of Louis J. Esbin, as counsel to the Debtor.

Steele Aviation requires Louis J. Esbin to:

   a. provide the Debtor, with legal advice with respect to
      powers and duties as a Debtor in the Administration of
      the Estate and property of the Estate, including as
      bankruptcy counsel, only and not to appear generally, with
      respect to any state court litigation pending as of the
      Filing Date, and with respect to the Debtor's rights,
      claims or interests versus those of parties in interest in
      the Estate;

   b. appear on behalf of the Debtor at all meetings required
      under the Guidelines of the Office of the U.S. Trustee,
      where counsel for Debtor would be in the best interest of
      the Estate and Debtor;

   c. negotiate on behalf of the Debtor, only and not on behalf
      of any other entity in which the Debtor may have an
      interest, when it may be necessary to enable Debtor to
      administer the Estate and property of the Estate, including
      as bankruptcy counsel with respect to the Debtor's rights,
      claims or interests;

   d. advise the Debtor, only and not any other entity in which
      the Debtor may have an interest, regarding rights and
      duties in connection with the assumption or rejection of
      executor contracts and leases;

   e. prepare or review on behalf of the Debtor, only and not any
      entity in which the Debtor may have an interest, certain
      required or necessary applications, motions, answers,
      orders, reports and other legal papers or documents,
      including as bankruptcy counsel with respect to the
      Debtor's rights, claims or interests;

   f. negotiate on behalf of the Debtor, only and not any entity
      in which the Debtor may have an interest, with holders of
      secured and unsecured claims and equity security interest
      holders, including as bankruptcy counsel with respect to
      the Debtor's rights, claims or interests versus those of
      parties in interest in the Estate; and

   g. initiate or defend, or assist the Debtor, only and not any
      entity in which the Debtor may have an interest, in the
      prosecution or defense, in any proceedings which may arise
      in the Case, and take such other necessary action in other
      matters, for which legal counsel is required, and which may
      affect the administration of the Estate, including as
      bankruptcy counsel with respect to the Debtor's rights,
      claims or interests versus those of parties in interest in
      the Estate.

Louis J. Esbin will be paid at these hourly rates:

     Partners                    $550
     Associates                  $250
     Paralegals                  $150

Louis J. Esbin will be paid a retainer of $20,000, of which $10,000
was paid on February 4, 2019, for prepetition services rendered and
a cost retainer was paid of $2,500, including for the filing fee of
$1,717. There remains an unpaid balance for the retainer of $10,000
that is due and payable by February 20, 2019, for which Louis J.
Esbin requests permission for the Debtor to pay Louis J. Esbin. The
entirety of $2,500 was applied to prepetition services rendered and
there is being held in trust the balance of $7,500.

Louis J. Esbin will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Louis J. Esbin, partner of the Law Offices of Louis J. Esbin,
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.

Louis J. Esbin can be reached at:

     Louis J. Esbin, Esq.
     LAW OFFICES OF LOUIS J. ESBIN
     27451 Tourney Road, Suite 120
     Valencia, CA 91355
     Tel: (661) 254-5050
     Fax: (661) 254-5252
     E-mail: Louis@Esbinlaw.com

                    About Steele Aviation

Steele Aviation, Inc., based in Burbank, California, is a privately
held company in the air transportation industry that operates and
deals in all sizes of aircraft for business and personal use. The
Company also deals in commercial airline products and is a
specialist in off market assets.

Steele Aviation, Inc., based in Burbank, CA, filed a Chapter 11
petition (Bankr. C.D. Cal. Case No. 19-11239) on Feb. 5, 2019.  In
the petition signed by Nicolas Steele, president, the Debtor
estimated up to $50,000 in assets and $1 million to $10 million in
liabilities.  The Hon. Julia W. Brand oversees the case.  Louis J.
Esbin, Esq., at the Law Offices of Louis J. Esbin, serves as
bankruptcy counsel.





SYNERGY PHARMACEUTICALS: $200M Assets Sale to Bausch Health Okayed
------------------------------------------------------------------
BankruptcyData.com reported that the Bankruptcy Court hearing the
Synergy Pharmaceuticals case issued an order approving the sale of
substantially all of the Debtors' assets to Bausch Health for total
consideration of approximately $200 million.

Earlier, the Debtors had selected stalking horse bidder Bausch
Health Companies Inc. and Bausch Health Ireland Limited (together
"BH") as the successful bidder for all their assets. In a revised
agreement BH has agreed to pay up to $200 million in cash. The cash
price includes a payment of up to $14.45 million to Debtor Synergy
Pharmaceuticals Inc. (the "Parent") to cover employee-related
severance costs.

                About Synergy Pharmaceuticals

Synergy (NASDAQ: SGYP) -- http://www.synergypharma.com/-- is a  
biopharmaceutical company focused on the development and
commercialization of novel gastrointestinal (GI) therapies.  The
company has pioneered discovery, research and development efforts
around analogs of uroguanylin, a naturally occurring human GI
peptide, for the treatment of GI diseases and disorders.
Synergy's
proprietary GI platform includes one commercial product
TRULANCE(R)
(plecanatide) and a second product candidate - dolcanatide.

Synergy Pharmaceuticals Inc. (Lead Case) and its subsidiary
Synergy
Advanced Pharmaceuticals, Inc. filed voluntary Chapter 11
petitions
(Bankr. S.D.N.Y. Lead Case No. 18-14010) on Dec. 12, 2018.  

In the petitions signed by Gary G. Gemignani, executive vice
president and chief financial officer, the Debtors posted total
assets of $83,039,825 and total liabilities of $179,282,378 as of
Sept. 30, 2018.

The Debtors tapped Skadden, Arps, Slate, Meagher & Flom LLP as
bankruptcy counsel; Sheppard, Mullin, Richter & Hampton LLP as
special counsel; FTI Consulting, Inc. as financial advisor;
Centerview Partners Holdings LP as investment banker; and Prime
Clerk LLC, as notice and claims agent.


SYNERGY PHARMACEUTICALS: Files 2nd Amended Plan
-----------------------------------------------
BankruptcyData.com reported that Synergy Pharmaceuticals, et al.,
filed a second Amended Plan and a related Disclosure Statement and
also filed redlines of those documents showing changed from
versions filed on January 24.

BankruptcyData related that the two impaired (and entitled to vote)
classes are expected to split $26.1 million of the "Excess Sales
Proceeds" from the Debtors' approximately $200 million cash sale of
substantially all of its assets to Bausch Health Companies Inc. and
Bausch Health Ireland Limited (together, "BH" or the "Stalking
Horse Bidder").

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

Class 1 ("Other Priority Claims") is unimpaired, deemed to accept,
and not entitled to vote on the Plan. Estimated Recovery is 100%.

Class 2 ("Other Secured Claims") is unimpaired, deemed to accept,
and not entitled to vote on the Plan. Estimated Recovery is 100%.

Class 3 ("Term Loan Claims") is impaired and entitled to vote on
the Plan. The estimated aggregate amount of claims is
$37,105,161.21 and the estimated recovery is 35%. Each Holder of an
Allowed Term Loan Claim shall receive: (a) first, its Pro Rata
Share of the amount equal to 50% of Excess Sale Proceeds until the
earlier of (i) payment in full of all Allowed General Unsecured
Claims (including allowed post-petition interest, if any) or
(ii)payment of $36 million of the Allowed Term Loan Claims (plus
Term Loan Interest, if any); (b) second, if (i) occurs before (ii)
as set forth in (a) above, its Pro Rata Share of 100% of the Excess
Sale Proceeds until payment of $36 million of the Allowed Term Loan
Claims (plus Term Loan Interest, if any); and (c) third, after (i)
payment in full of all Allowed General Unsecured Claims (including
allowed post-petition interest, if any) and (ii) payment of $36
million of the Allowed Term Loan Claims (plus Term Loan Interest,
if any), its Pro Rata Share of the amount equal to 50% of Excess
Sale Proceeds until all Allowed Term Loan Claims (plus Term Loan
Interest, if any) are paid in full.

Class 4 ("General Unsecured Claims") is impaired and entitled to
vote on the Plan. The estimated aggregate amount of claims is
$38,600,000 and the estimated recovery is 34%. Each Holder of an
Allowed General Unsecured Claim shall receive beneficial interests
in the Litigation Trust entitling each Holder of an Allowed General
Unsecured Claim to receive its Pro Rata Share of any recovery from
Causes of Action or Avoidance Actions that vest in the Litigation
Trust on the Effective Date in accordance with Section 5.03 of the
Plan and: (a) first, its Pro Rata Share of the amount equal to 50%
of Excess Sale Proceeds until the earlier of (i) payment in full of
all Allowed General Unsecured Claims (including allowed
post-petition interest, if any) or (ii) payment of $36 million of
the Allowed Term Loan Claims(plus Term Loan Interest, if any); (b)
second, if (ii) occurs before (i) as set forth in (a) above, its
Pro Rata Share of 100% of the Excess Sale Proceeds until all
Allowed General Unsecured Claims (including allowed post-petition
interest, if any) are paid in full; and (c) third, its Pro Rata
Share of the recoveries from the Litigation Trust, if any, until
such Allowed General Unsecured Claim (including allowed
post-petition interest, if any) is paid in full.

Class 5 ("Section 510(b) Claims") is impaired, deemed to reject and
not entitled to vote on the Plan. Estimated Recovery is 0%.

Class 6 ("Intercompany Claims") is impaired, deemed to reject and
not entitled to vote on the Plan. Estimated Recovery is 0%.

Class 7 ("Intercompany Interests") is impaired, deemed to reject
and not entitled to vote on the Plan. Estimated Recovery is 0%.

Class 8 ("Interests") is impaired, deemed to reject and not
entitled to vote on the Plan.

Subject to Bankruptcy Court approval of the sale of substantially
all of their assets to the Stalking-Horse Bidder, the Debtors
estimate that there will be approximately $26.1 million of Excess
Sale Proceeds, which under the Plan will be split on a 50-50 basis
between the Holders of Allowed Term Loan Claims and Holders of
Allowed General Unsecured Claims.

Accordingly, each Holder of an Allowed Term Loan Claim will receive
its Pro Rata Share of a total of approximately $13.05 million to be
distributed to Holders of Allowed Term Loan Claims and each Holder
of an Allowed General Unsecured Claim will receive its Pro Rata
Share of a total of approximately $13.05 million to be distributed
to Holders of Allowed General Unsecured Claims. Any recoveries from
the Causes of Action and Avoidance Actions vested in the Litigation
Trust will be distributed pro rata to Holders of Allowed General
Unsecured Claims until all Allowed General Unsecured Claims are
paid in full.

After all Allowed General Unsecured Claims are paid in full, any
recoveries from the Litigation Trust will be shared ratably between
Holders of Allowed Section 510(b) Claims until paid in full and
Holders of Allowed Interests in Synergy Pharmaceuticals. Any
recoveries from the Causes of Action and Avoidance Actions that
vest in the Litigation Trust will be distributed pro rata to
Holders of Allowed General Unsecured Claims until all Allowed
General Unsecured Claims are paid in full.

After all Allowed General Unsecured Claims are paid in full, any
recoveries from the Litigation Trust will be shared ratably between
Holders of Allowed Section 510(b) Claims until paid in full and
Holders of Allowed Interests in Synergy Pharmaceuticals.

                   About Synergy Pharmaceuticals

Synergy (NASDAQ: SGYP) -- http://www.synergypharma.com/-- is a  
biopharmaceutical company focused on the development and
commercialization of novel gastrointestinal (GI) therapies.  The
company has pioneered discovery, research and development efforts
around analogs of uroguanylin, a naturally occurring human GI
peptide, for the treatment of GI diseases and disorders.
Synergy's
proprietary GI platform includes one commercial product
TRULANCE(R)
(plecanatide) and a second product candidate - dolcanatide.

Synergy Pharmaceuticals Inc. (Lead Case) and its subsidiary
Synergy
Advanced Pharmaceuticals, Inc. filed voluntary Chapter 11
petitions
(Bankr. S.D.N.Y. Lead Case No. 18-14010) on Dec. 12, 2018.  

In the petitions signed by Gary G. Gemignani, executive vice
president and chief financial officer, the Debtors posted total
assets of $83,039,825 and total liabilities of $179,282,378 as of
Sept. 30, 2018.

The Debtors tapped Skadden, Arps, Slate, Meagher & Flom LLP as
bankruptcy counsel; Sheppard, Mullin, Richter & Hampton LLP as
special counsel; FTI Consulting, Inc. as financial advisor;
Centerview Partners Holdings LP as investment banker; and Prime
Clerk LLC, as notice and claims agent.


TEREX CORP: Moody's Rates $200MM Incremental Term Loan B-1 'Ba2'
----------------------------------------------------------------
Moody's Investors Service assigned a Ba2 to Terex Corporation's new
$200 million Incremental Term Loan B-1. Proceeds will repay
outstandings under the revolving credit facility. The issuance does
not impact the other ratings of Terex including the Corporate
Family Rating of B1. The rating outlook is stable.

RATINGS RATIONALE

Terex's ratings take into account its well established brand and
broad product offerings, and expectations for improved financial
results through 2019 with debt to EBITDA likely to decrease to the
low 3.0x level. Moody's anticipates that the Aerial Work Platforms
(AWP) and Materials Processing (MP) businesses will benefit from
fleet replacement needs as backlog was up double digits on a year
over year basis. Also supporting the ratings is Terex's plans to
sell its Demag Mobile Cranes business for $215 million, and exit
the mobile cranes product line in Oklahoma City. The Cranes
business had been a drag on Terex's results.

Nonetheless, Moody's also anticipates that Terex will continue with
a sizeable share repurchase as the company's current buyback
program of $300 million exceeds annual expected free cash flow
generation. This could result in additional debt.

The stable rating outlook reflects the expectation that Terex will
continue to de-lever to the low 3.0x debt to EBITDA (inclusive of
Moody's standard adjustments) range as it manages costs more
effectively to drive margin expansion. Moody's expects EBITA
margins to exceed 7% by the end of 2019.

Ratings could be upgraded if Terex maintains strong margins at AWP
and MP, as well as the expectation of sustained debt to EBITDA of
below 3.5x and EBITA to interest of greater than 3.5x in light of
share buyback programs, as well as addressing the cranes business.

The ratings could be downgraded if debt to EBITDA is anticipated to
rise and be sustained at or above 4.5x. Expectations of weakening
operating margins, especially a material weakening of the AWP
business could lead to a downgrade. Additionally, EBITA to interest
sustained under 2.5x could result in a ratings downgrade if deemed
to be weakening further. Also, plans for a more aggressive
financial policy with increased focus on shareholder returns may
pressure ratings down.

The following summarizes Moody's rating action:

Assignments:

Issuer: Terex Corporation, Inc.

  - Incremental Term Loan B-1, assigned Ba2 (LGD2)

The principal methodology used in this rating was Global
Manufacturing Companies published in June 2017.

Terex Corporation, based in Westport, CT, is a global manufacturer
of lifting and material processing products and services. The
company reports in three business segments: Aerial Work Platforms
(AWP), Cranes, and Materials Processing (MP). Terex delivers
lifecycle solutions to a broad range of industries and offers
financial products and services to assist in the acquisition of
Terex equipment through Terex Financial Services. Terex's revenues
at the end of December 31, 2018 was approximately $5.1 billion.


THINGS REMEMBERED: Designates Enesco as Successful Bidder
---------------------------------------------------------
BankruptcyData.com reported that Things Remembered Inc., et al.,
notified the Bankruptcy Court that they (i) had not received any
bids other than the $17.5 million stalking horse bid submitted by
Enesco Properties, LLC prior to the bid deadline, (ii) had
cancelled the auction scheduled for March 4, 2019 and (iii) had
designated Enesco as the Successful Bidder.

The Stalking Horse Bidder proposes to purchase the Debtors'
direct-sales business, a significant number of U.S. stores, and
related assets for cash consideration of approximately $17.5
million, subject to certain adjustments.

The Court scheduled a continuation of the sale hearing for March 6,
2019.

                  About Things Remembered

Things Remembered, Inc., along with affiliates, are multi-channel
personalized apparel and accessory retailers. Their retail approach
focuses on customized gifts for milestone occasions such as
weddings, birthdays, holidays, and graduations.  The Company offers
their merchandise through their catalog, e-commerce website, and
approximately 400 stores in shopping malls throughout the United
States and Canada.  They are headquartered in Highland Heights,
Ohio.

Things Remembered, along with two affiliates filed for Chapter 11
bankruptcy (Bankr. D.Del. Case No. 19-10234) on Feb. 6, 2019.  In
the petitions signed by CRO Robert J. Duffy, the Debtors estimated
$50 million to $100 million in assets and $100 million to $500
million in liabilities.

Judge Kevin Gross oversees the Debtors' cases.

Landis Rath & Cobb LLP serves as the Debtors' local bankruptcy
counsel and Kirkland & Ellis LLP serves as general bankruptcy
counsel. Berkeley Research Group, LLC serves as restructuring
advisor to the Debtors; Stifel, Nicolaus & Co., Inc. and Miller
Buckfire & Co., Inc. as financial advisor and investment banker;
and Prime Clerk, LLC as notice and claims agent. Davies Ward
Phillips & Vineberg LLP serves as acting Canadian counsel.


TRAILSIDE LODGING: Seeks to Hire Whiteford Taylor as Counsel
------------------------------------------------------------
Trailside Lodging, LP, seeks authority from the U.S. Bankruptcy
Court for the Western District of Pennsylvania to employ Whiteford
Taylor & Preston, LLP, as counsel to the Debtor.

Trailside Lodging requires Whiteford Taylor to:

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

   (b) attend meetings, and negotiate with representatives of
       creditors and other parties in interest and advise and
       consult on the conduct of the Chapter 11 Case, including
       all of the legal and administrative requirements of
       operating in chapter 11;

   (c) prepare motions, applications answers, orders, reports,
       papers and other pleadings necessary to administer the
       Debtor's estates and assist the Debtor with operating in
       chapter 11;

   (d) prepare and negotiate on the Debtor's behalf plan of
       reorganization, disclosure statement and all related
       agreements and documents and take any necessary action
       on behalf of the Debtor to obtain confirmation of such
       plan;

   (e) appear before the Bankruptcy Court, and any other courts
       to protect the interests of Debtor and the estate; and

   (f) perform any and all other necessary legal services in
       connection with these chapter 11 case.

Whiteford Taylor will be paid at these hourly rates:

     Attorneys                  $370-$615
     Paralegals                 $285

Whiteford Taylor will be paid a retainer in the amount of $7,500.

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

Michael J. Roeschenthaler, a partner at Whiteford Taylor & Preston,
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.

Whiteford Taylor can be reached at:

     Michael J. Roeschenthaler, Esq.
     Kelly E. McCauley, Esq.
     Daniel R. Schimizzi, Esq.
     WHITEFORD TAYLOR & PRESTON, LLP
     200 First Avenue, Third Floor
     Pittsburgh, PA 15222
     Tel: (412) 618-5601
     Fax: (412) 275-2404
     E-mail: mroeschenthaler@wtplaw.com

                     About Trailside Lodging

Trailside Lodging, LP, based in Pittsburgh, PA, filed a Chapter 11
petition (Bankr. W.D. Pa. Case No. 19-20524) on February 10, 2019.
The Hon. Thomas P. Agresti oversees the case.  The Debtor hired
Whiteford Taylor & Preston, LLP, as counsel.  In the petition
signed by Nathan Morgan, member, the Debtor estimated $1 million to
$10 million in assets and $500,000 to $1 million in liabilities.




TRIDENT HOLDING: Seeks to Hire Ankura as Financial Advisor
----------------------------------------------------------
Trident Holding Company, LLC, and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the Southern District
of New York to employ Ankura Consulting Group, LLC, as financial
advisor to the Debtors.

Trident Holding requires Ankura to:

   a. review the Debtors' existing cash flow forecasts, and to
      the extent necessary, assist management in updating or
      refining the cash flow forecasts, including reviewing
      management's pending liquidity improvement plans;

   b. assist management with reviewing alternative business
      configuration scenarios with respect to the Debtors'
      laboratory business;

   c. review management's revenue improvement and expense
      reduction plans and the related projections of benefits
      included in the Debtors' business plan and advise with
      respect to revisions and updates based on Ankura's review;

   d. assist management in preparing historical and projected
      EBITDA to cash flow reconciliation analyses, including
      reviewing in-period and out-of-period adjustments;

   e. perform comprehensive analysis of the Debtors' recent
      performance and prepare a summary report, working with
      management, outlining Ankura's analyses and findings;

   f. summarize Ankura's finding in one or more reports,
      schedules, or other deliverables to be determined in
      conjunction with management;

   g. review management-prepared, 2019 budget and longer-term
      financial projections and advise and assist management with
      any required revisions and updates;

   h. assist the Debtors in analyzing projected revenues
      and other underlying assumptions and trends;

   i. assist management in developing sensitivity analyses on the
      projections focusing on key areas of risk and opportunity
      in order to help develop a high-confidence set of financial
      projections;

   j. summarize Ankura's finding in one or more reports,
      schedules, or other deliverables to be determined in
      conjunction with management;

   k. assist management in responding to third-party due
      diligence requests;

   l. assist management with other financial forecasting and
      planning analyses as may be requested and agreed to by the
      Debtors and Ankura;

   m. assist the Debtors and its other retained professionals in
      preparing for a filing under Chapter 11 of the U.S. States
      Bankruptcy Code; and

   n. assist the Debtors in the management and administration of
      Chapter 11 cases, in the event of a filing.

Ankura will be paid at these hourly rates:

     Sr. Managing Directors & Managing Directors   $815 to $995
     Senior Directors & Directors                  $550 to $710
     Senior Associates & Associates                $300 to $475
     Paraprofessionals                             $150 to $250

Ankura will also be paid as follows:

   (a) Weekly Advisory Fee: A weekly fee ("Weekly Fee") based on
       the actual hours expended at our standard hourly rates
       that are in effect when the Services are rendered.
       Notwithstanding the foregoing, aggregate Weekly Fees
       during the course of this engagement for the Phase I
       component of the Services shall be limited to: (i) $12,500
       per week for the four-week period beginning on the
       effective date and ending on November 25, 2018, (ii)
       $75,000 per week for the four-week period beginning
       November 26, 2018, (iii) $60,000 per week thereafter

   (b) Completion Fee: To the extent Ankura's Weekly Fees exceed
       the Weekly Cumulative Fee Cap, the amount of Weekly Fees
       for each week in excess of the Weekly Cumulative Fee Cap
       up to a maximum of $20,000 per week.

Ankura will be paid a retainer in the amount of $85,000.

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

Russell A. Perry, senior managing director of Ankura Consulting
Group, LLC, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtors and
their estates.

Ankura can be reached at:

     Russell A. Perry
     ANKURA CONSULTING GROUP, LLC
     15950 Dallas Parkway, Suite 750
     Dallas, TX 75248
     Tel: (214) 200-3680

                  About Trident Holding Company

Trident -- http://www.tridentusahealth.com/-- is a national
provider of bedside diagnostic and related services in the United
States, with operations in more than 35 states serving more than
12,000 post -acute care, assisted living facilities, and
correctional facilities. It provides a high volume of services
including X-ray, ultrasound, laboratory, cardiac monitoring,
vascular access services, on-site nurse practitioner-based primary
care and more.  Trident employs approximately 5,600 people.

Trident Holding Company, LLC and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case
No. 19-10384) on Feb. 10, 2019.  The Debtors disclosed $584 million
in assets and $867 million in liabilities as of as of Dec. 31,
2018.

The Debtors tapped Skadden, Arps, Slate, Meagher & Flom LLP and
Togut, Segal & Segal LLP as their legal counsel; PJT Partners LP as
investment banker and financial advisor; Ankura Consulting Group,
LLC as restructuring advisor; and Epiq Corporate Restructuring,
LLC, as claims and noticing agent and administrative advisor.


TRIDENT HOLDING: Seeks to Hire PJT Partners as Investment Banker
----------------------------------------------------------------
Trident Holding Company, LLC, and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the Southern District
of New York to employ PJT Partners LP, as investment banker to the
Debtors.

Trident Holding requires PJT Partners to:

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

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

   (c) assist in the development of financial data and
       presentations to the Debtors' Board of Directors, various
       creditors and other third parties;

   (d) analyze the Debtors' financial liquidity and evaluate
       alternatives to improve such liquidity;

   (e) analyze various restructuring scenarios and the potential
       impact of these scenarios on the recoveries of those
       stakeholders impacted by the Restructuring;

   (f) provide strategic advice with regard to restructuring or
       refinancing the Debtors' Obligations;

   (g) evaluate the Debtors' debt capacity and alternative
       capital structures;

   (h) participate in negotiations among the Debtors and their
       creditors, suppliers, lessors, and other interested
       parties;

   (i) value securities offered by the Debtors in connection with
       a Restructuring;

   (j) advise the Debtors and negotiate with lenders with respect
       to potential waivers or amendments of various credit
       facilities;

   (k) assist in arranging financing for the Debtors, as
       requested;

   (l) provide expert witness testimony concerning any of the
       subjects encompassed by the other investment banking
       services;

   (m) assist the Debtors in preparing marketing materials in
       conjunction with a possible Transaction;

   (n) assist the Debtors in identifying potential buyers or
       parties-in-interest to a Transaction and assist in the due
       diligence process;

   (o) assist and advise the Debtors concerning the terms,
       conditions, and impact of any proposed Transaction; and

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

PJT Partners will be paid as follows:

   (a) Monthly Fee: The Debtors will pay PJT a monthly advisory
       fee (the "Monthly Fee") in the amount of $150,000;

   (b) Capital Raising Fee: The Debtors will pay PJT a capital
       raising fee (the "Capital Raising Fee") for any financing
       arranged by PJT Partners, at the Debtor's request, earned
       and payable upon the closing of such financing. If access
       to the financing is limited by orders of the bankruptcy
       court, a proportionate fee shall be payable with respect
       to each available commitment (irrespective of availability
       blocks, borrowing base, or other similar restrictions).
       The Capital Raising Fee will be calculated as: 1% of the
       total issuance size for debt financing that is pari passu
       or senior in priority to the 1L Debt, 3% of the total
       issuance size for debt financing junior in priority to the
       1L Debt; and 5% of the issuance amount for equity
       financing, less 50% of any Capital Raising Fee earned in
       respect of capital raised from any entity that was, as of
       the date that such party was first approached to
       participate in any financing for the Debtors following the
       date of the Engagement Letter, a direct or indirect
       equity holder of the Company (an "Existing Equity
       Holder"). Notwithstanding the forgoing, to the extent that
       any portion of a Capital Raising Fee would otherwise be
       payable under the Engagement Letter in respect of a
       financing raised from an Existing Equity Holder in a
       transaction that is separate from and not a part of a
       Restructuring, the Capital Raising Fee will be reduced by
       such amount;

   (c) Restructuring Fee: The Debtors will pay PJT an additional
       fee (the "Restructuring Fee") equal to $4,000,000 upon the
       consummation or closing of a chapter 11 plan or any other
       Restructuring pursuant to an order of the Bankruptcy Court
       or other applicable court of a Restructuring;

   (d) Transaction Fee: Upon the consummation of a Transaction,
       the Debtors will pay PJT a Transaction fee ("Transaction
       Fee") payable in cash at the closing of such Transaction
       directly out of the gross proceeds of the Transaction
       calculated as 0.85% of the Transaction Value. In the event
       that both a Transaction Fee and a Restructuring Fee are
       payable in respect of the same transaction or series of
       related, contemporaneous transactions, PJT Partners may
       choose to be paid either the Transaction Fee or the
       applicable Restructuring Fee but not both; and

   (e) Expense Reimbursements: The Debtors will reimburse PJT
       Prtners for all reasonable and documented out-of-pocket
       expenses incurred during this engagement, including, but
       not limited to, travel and lodging, direct identifiable
       data processing, document production, publishing services
       and communication charges, courier services, working
       meals, reasonable fees and expenses of PJT Partners'
       counsel.

Mark Buschmann, a partner in the Restructuring and Special
Situations Group at PJT Partners LP, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

PJT Partners can be reached at:

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

                    About Trident Holding

Trident -- http://www.tridentusahealth.com/-- is a national
provider of bedside diagnostic and related services in the United
States, with operations in more than 35 states serving more than
12,000 post -acute care, assisted living facilities, and
correctional facilities. It provides a high volume of services
including X-ray, ultrasound, laboratory, cardiac monitoring,
vascular access services, on-site nurse practitioner-based primary
care and more.  Trident employs approximately 5,600 people.

Trident Holding Company, LLC and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case
No. 19-10384) on Feb. 10, 2019.  The Debtors disclosed $584 million
in assets and $867 million in liabilities as of as of Dec. 31,
2018.

The Debtors tapped Skadden, Arps, Slate, Meagher & Flom LLP and
Togut, Segal & Segal LLP as their legal counsel; PJT Partners LP as
investment banker and financial advisor; Ankura Consulting Group,
LLC as restructuring advisor; and Epiq Corporate Restructuring,
LLC, as claims and noticing agent and administrative advisor.


TRIDENT HOLDING: Seeks to Hire Skadden Arps as Counsel
------------------------------------------------------
Trident Holding Company, LLC, and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the Southern District
of New York to employ Skadden Arps Slate Meagher & Flom LLP, as
counsel to the Debtors.

Trident Holding requires Skadden Arps to:

   (a) advise the Debtors with respect to their powers and duties
       as the Debtors and debtors-in-possession in the continued
       management and operation of their businesses and
       properties;

   (b) advise the Debtors with respect to the analysis of their
       prepetition credit agreement and existing indentures
       governing their convertible notes, and the negotiation of
       their postpetition financing;

   (c) attend meetings and negotiate with representatives of
       creditors and other parties-in-interest and advise and
       consult on the conduct of the cases, including all of the
       legal and administrative requirements of operating in
       chapter 11;

   (d) take all necessary actions to protect and preserve the
       Debtors' estates, including the prosecution of actions on
       the Debtors' behalf, the defense of actions commenced
       against the Debtors' estates, negotiations concerning
       litigation in which the Debtors may be involved, and
       objections to claims filed against the Debtors' estates;

   (e) prepare on behalf of the Debtors all motions,
       applications, answers, orders, reports, and papers
       necessary to the administration of the estates;

   (f) negotiate and prepare on the Debtors' behalf plans of
       reorganization, disclosure statements, and all related
       agreements or documents, and take any necessary action on
       behalf of the Debtors to obtain confirmation of such
       plans;

   (g) appear before the Bankruptcy Court, any appellate courts,
       and the U.S. Trustee, and protect the interests of the
       Debtors' estates before such courts and the U.S. Trustee;
       and

   (h) perform all other necessary legal services and provide all
       other necessary legal advice to the Debtors in connection
       with these Chapter 11 Cases.

Skadden Arps will be paid at these hourly rates:

     Partners               $1,125 to $1,695
     Counsels               $1,075 to $1,270
     Associates               $475 to $1,050

During the 90 days prior to the Petition Date, Skadden Arps
received total payments in the amount of $2,445,539.  As of the
Petition Date, the Firm was holding, on behalf of the Debtors, a
retainer in the amount of $650,000.

In the year prior to the Petition Date, Skadden Arps received
$4,826,094 in total compensation from the Debtors for various legal
services performed.

Based upon outstanding prepetition fees and expenses identified and
accounted for as of the date hereof, and assuming application of
all such fees and expenses against the Retainer, Skadden Arps had
approximately $91,517.18 11 remaining in the Retainer as of the
Petition Date.

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

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

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

   Response:  No.

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

   Response:  No.

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

   Response:  Skadden Arps represented the client in the 12
              months prepetition. During that period, Skadden
              Arps charged its customary billing rates with
              certain discounts for a now completed financing
              transaction. On January 1, 2019, Skadden Arps
              raised its billing rates, as it does customarily
              from time to time. The material financial terms for
              the prepetition engagement remained the same, as he
              engagement was on an hourly basis.

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

   Response:  Skadden Arps and the Debtors have developed a
              Skadden Arps-specific prospective budget based on
              the DIP facility budget and staffing plan to comply
              with the U.S. Trustee's requests for information
              and additional disclosures, and any orders of this
              Court. Recognizing that unforeseeable fees and
              expenses may arise in large chapter 11 cases,
              Skadden Arps and the Debtors may need to amend the
              Skadden Arps budget as necessary to reflect changed
              circumstances or unanticipated developments. The
              preliminary budget is intended as an estimate of
              budgeted fees and not a cap of potential fees and
              expenses which may be incurred

Ron E. Meisler, partner of Skadden Arps Slate Meagher & Flom LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

Skadden Arps can be reached at:

     James J. Mazza, Jr., Esq.
     SKADDEN ARPS SLATE
     MEAGHER & FLOM LLP
     155 N. Wacker Dr.
     Chicago, IL 60606-1720
     Tel: (312) 407-0700
     Fax: (312) 407-0411
     E-mail: James.Mazza@skadden.com

                  About Trident Holding Company

Trident -- http://www.tridentusahealth.com/-- is a national
provider of bedside diagnostic and related services in the United
States, with operations in more than 35 states serving more than
12,000 post -acute care, assisted living facilities, and
correctional facilities. It provides a high volume of services
including X-ray, ultrasound, laboratory, cardiac monitoring,
vascular access services, on-site nurse practitioner-based primary
care and more.  Trident employs approximately 5,600 people.

Trident Holding Company, LLC and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case
No. 19-10384) on Feb. 10, 2019.  The Debtors disclosed $584 million
in assets and $867 million in liabilities as of as of Dec. 31,
2018.

The Debtors tapped Skadden, Arps, Slate, Meagher & Flom LLP and
Togut, Segal & Segal LLP as their legal counsel; PJT Partners LP as
investment banker and financial advisor; Ankura Consulting Group,
LLC as restructuring advisor; and Epiq Corporate Restructuring,
LLC, as claims and noticing agent and administrative advisor.


TRUGREEN LIMITED: Moody's Affirms B2 CFR & Rates 1st Lien Loans B1
------------------------------------------------------------------
Moody's Investors Service affirmed TruGreen Limited Partnership's
B2 Corporate Family Rating (CFR) and B2-PD Probability of Default
Rating following the company's announcement of a debt-financed
share repurchase and recapitalization. Concurrently, Moody's
assigned B1 ratings to the company's new senior secured first lien
revolver and term loan. No action has been taken on the existing
first lien debt, the B1 ratings for which will be withdrawn
following successful completion of the aforementioned
recapitalization and the concurrent repayment of related debt and
extinguishment of the revolving credit facility. The ratings
outlook is stable.

TruGreen plans to raise $965 million of new first lien term debt to
repay its existing $790 million first lien term loan and repurchase
the 30% equity stake held by The Scotts Miracle-Gro Company (Ba2
stable). Approximately $79 million of cash from the balance sheet
will also be used to effect the repurchase.

Moody's views the transaction as a credit negative development
given that it increases leverage from approximately 5.1x to 5.8x
(Moody's-adjusted debt-to-EBITDA using December 31, 2018 expected
EBITDA) and raises cash interest expense by approximately $12
million. However, Moody's affirmed the company's B2 CFR on the
expectation that operating performance will remain sufficient to
sustain leverage below 6.0x, with free cash flow-to-debt remaining
robust in the mid-single digit percentage range.

"Leverage will remain elevated," according to Harold Steiner,
Moody's lead analyst for TruGreen, "with only modest improvement
expected in revenue and earnings growth, and notwithstanding the
new management team's focus on growth."

"Even so, the company's robust cash generation and surprising
stability through cycles lends support to our maintenance of
current ratings," added Steiner.

Moody's took the following rating actions for TruGreen Limited
Partnership:

Corporate Family Rating, affirmed B2

Probability of Default Rating, affirmed B2-PD

Senior Secured First Lien Revolver due 2024, assigned B1 (LGD3)

Gtd Senior Secured First Lien Term Loan due 2026, assigned B1
(LGD3)

Outlook Actions:

Outlook, remains Stable

Ratings to be withdrawn:

Senior Secured First Lien Revolver due 2021, B1 (LGD3) (no action)

Senior Secured First Lien Term Loan due 2023, B1 (LGD3) (no
action)

RATINGS RATIONALE

TruGreen Limited Partnership's B2 CFR broadly reflects the
company's market leading position and historic stability balanced
by a large debt burden. TruGreen is the largest lawn care service
provider in the US and competes predominantly against a fragmented
set of local competitors. The company's scale confers benefits, and
enables investment in increasingly important technological
offerings and digital advertising. Despite a discretionary service
offering, the company exhibits fairly consistent retention rates
and profitability levels during economic downturns. Following the
proposed repurchase of Scotts' minority equity stake, Moody's views
debt-to-EBITDA leverage (Moody's-adjusted, 5.8x based on 2018E
EBITDA) and associated financial risk as high, both on an absolute
basis and in relation to the company's valuation. Deleveraging will
be limited in 2019 as Moody's expects revenue and earnings growth
to remain modest despite the new management team's focus on
reinvigorating growth.

The stable outlook reflects Moody's expectation of revenue growth
in the 1% to 3% range (notwithstanding price increases in excess of
that), relatively flat EBITA margins, and debt-to-EBITDA leverage
sustained in the high-5.0x range in 2019.

The ratings could be upgraded if the company can maintain
debt-to-EBITDA below 4.5x, free cash flow-to-debt above 8%, solid
liquidity, and balanced financial policies.

The ratings could be downgraded if Moody's anticipates
debt-to-EBITDA will exceed 6.0x, free cash flow-to-debt will be at
or below 2%, EBITA-to-interest falls below 1.5x, or liquidity
weakens.

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

Based in Memphis, Tennessee, TruGreen is a leading lawn care
services provider in North America. The company is controlled by
affiliates of private equity sponsor Clayton, Dublier & Rice.
Moody's expects TruGreen to generate revenue of about $1.4 billion
in 2019.


U & J CAFE: Selling Large Portion of Restaurant Assets for $140K
----------------------------------------------------------------
U & J Cafe, LLC, doing business as Mortar & Pestle, dba Mortar &
Pestle Cafe, asks the U.S. Bankruptcy Court for the Middle District
of Florida to authorize the sale of a large portion of its assets
to Florida Ave Ent, LLC for $140,000.

The Debtor operates a restaurant under the Mortar & Pestle Café in
the Seminole Heights district of Tampa, Florida.  Recently, it
entered into a Purchase Agreement with the Purchaser through which
the Purchaser will acquire the Purchased Assets.  The Purchase
Agreement was included as Addendum 1 to a Lease Agreement between
the Debtor's affiliate, U&J Realty, LLC and the Purchaser.  A copy
of the Lease Agreement is being filed with the Court
contemporaneously with the filing of the instant motion.  The
Debtor will also provide copies of the Lease Agreement to
parties-in-interest upon request.

Under the Purchase Agreement, the Purchaser is obligated to pay the
Debtor the sum of $140,000 as follows: (a) $28,000 upon approval of
the sale by the Court; and (b) $2,000 per month beginning May 10,
2019, and continuing through Feb. 28, 2023.  Should the Purchaser
default on said payments, it is required to immediately surrender
the Purchased Assets back to the Debtor.   

The following creditors may claim an interest in the Purchased
Assets: (i) Seacoast Bank - $48,213; (ii) Navitas Credit Corp. -
$34,165; (iii) Hitachi Capital America Corp. - $51,226; and (iv)
Synovus Bank - $48,848.  There are no known liens on the Purchased
Assets other than these creditors.

The Debtor is not obligated to provide the Purchaser with clear
title on the assets until the Purchaser has completed the payments
set forth.  Therefore, the Debtor is not asking to have the
Purchased Assets sold free and clear of the Secured Creditors
liens.  Instead, the Purchaser will take the Purchased Assets
subject to the Secured Creditors liens.

Under the Lease Agreement, the Purchaser intends to take possession
of the leased premises and the Purchased Assets on Feb. 11, 2019.
Therefore, the Debtor asks relief on an emergency basis.

The Debtor asks that the 14-day stay required under Bankruptcy Rule
§6004(h) be waived, and that any order granting the Motion is
effective immediately upon entry.

                       About U & J Cafe

Based in Tampa, Florida, U & J Cafe, LLC, d/b/a Mortar & Pestle,
d/b/a Mortar & Pestle Cafe, a restaurant operator, filed a
voluntary Chapter 11 Petition (Bankr. M.D. Fla. Case No. 18-04940)
on June 14, 2018.  It is an affiliate of U & J Realty, LLC, which
sought bankruptcy protection on June 1, 2018 (Bankr. M.D. Fla. Case
No. 18-04591).

In the petition signed by Ujwal Patel, manager, the Debtor
disclosed total assets of $119,910 and total liabilities of $2.06
million as of the bankruptcy filing.

The Debtor is represented by Buddy D Ford, Esq., at Buddy D. Ford,
P.A., in Tampa, Florida.



UNITI GROUP: Commences Process to Seek Credit Agreement Amendment
-----------------------------------------------------------------
Uniti Group Inc. has commenced a process to seek an amendment and
limited waiver under the Company's credit agreement.  The Amendment
would, among other things, waive any default resulting from a going
concern modification to the audit opinion the Company expects to
receive from PricewaterhouseCoopers LLP as a result of the recent
bankruptcy filing by Windstream Holdings, Inc. and all its
subsidiaries.  In connection with the Amendment, the Company may
agree to certain restrictions under its credit agreement during the
pendency of the Windstream bankruptcy, including a provision
generally limiting our ability to pay future cash dividends to an
amount that does not to exceed 90% of our taxable income (excluding
capital gains).

For the 2018 tax year, the Company paid dividends attributable to
its capital stock of approximately $435 million, and in January
2019 the Company paid a dividend attributable to its capital stock
of approximately $110 million related to the 2019 tax year.  Under
the Amendment, the Company expects dividends attributable to its
capital stock paid applicable to the 2019 tax year to be limited to
approximately $250 million, and aggregate dividends paid during the
upcoming four quarters to be limited to approximately $140
million.

                       About Uniti Group

Little Rock, Arkansas-based Uniti -- http://www.uniti.com/-- is an
internally managed real estate investment trust engaged in the
acquisition and construction of mission critical communications
infrastructure, and is a provider of wireless infrastructure
solutions for the communications industry.  The Company is
principally focused on acquiring and constructing fiber optic
broadband networks, wireless communications towers, copper and
coaxial broadband networks and data centers.  As of Sept. 30, 2018,
Uniti owns 5.4 million fiber strand miles, approximately 850
wireless towers, and other communications real estate throughout
the United States and Latin America.

Uniti reported a net loss attributable to common shareholders of
$16.55 million for the year ended Dec. 31, 2017, compared to a net
loss attributable to common shareholders of $5.49 million for the
year ended Dec. 31, 2016.  As of Sept. 30, 2018, Uniti Group had
$4.57 billion in total assets, $5.89 billion in total liabilities,
$85.76 million in convertible preferred stock, and a total
shareholders' deficit of $1.40 billion.

                           *    *    *

As reported by the TCR on Feb. 25, 2019, S&P Global Ratings lowered
its issuer credit rating on Unti Group's Corporate Family Rating to
'CCC-' from 'CCC+'.  The lower rating follows the downgrade of
Uniti's principal leasing tenant, Windstream Holdings Inc.

Also in February 2019, Moody's Investors Service downgraded
downgraded Uniti Group Inc.'s corporate family rating (CFR) to Caa2
from Caa1 following the downgrade of Windstream Services, LLC
(Windstream).


UNITI GROUP: Delays Annual Report After Windstream's Bankruptcy
---------------------------------------------------------------
Uniti Group, Inc., has filed with the Securities and Exchange
Commission a Notification of Late Filing on Form 12b-25 with
respect to its Annual Report on Form 10-K for its fiscal year ended
Dec. 31, 2018.  

Certain subsidiaries of the Company are the landlords under a
long-term exclusive triple-net lease, pursuant to which these
subsidiaries lease telecommunications network assets, including
fiber and copper networks and other real estate to Windstream
Holdings, Inc.  For the year ended Dec. 31, 2018, 68.2% of the
Company's revenues were derived from leasing the Distribution
Systems to Windstream Holdings pursuant to the Master Lease.  On
Feb. 25, 2019, Windstream filed a voluntary petition for relief
under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy
Court for the Southern District of New York.  As of the prescribed
time for filing the Annual Report, the Company and its auditors,
PricewaterhouseCoopers LLP, are continuing to assess the impact of
Windstream's bankruptcy petition on the Company's financial
statements.  Based on currently available information as of
March 4, 2019, PwC expects its audit opinion for fiscal year ended
Dec. 31, 2018 will include an explanatory paragraph indicating
there is substantial doubt as to the Company's ability to continue
as a going concern.  If the Company receives a going concern
opinion, it would constitute an event of default under the
Company's credit agreement, and the Company is seeking a waiver
from its lenders.  The Company has taken, and intends to continue
to take, actions to ensure that it can continue to operate as a
going concern as a result of Windstream's bankruptcy petition.  The
Company believes that on or before the fifteenth calendar day
following the prescribed due date of the Annual Report it will be
able to finalize its financial statements reflecting the impact of
Windstream's bankruptcy petition.

The Company expects to report total revenues of approximately
$1,017.6 million for the year ended Dec. 31, 2018 compared to total
revenues of $916.0 million for the year ended Dec. 31, 2017. The
approximately $101.6 million increase in total revenues is
primarily attributable to the Company's Fiber Infrastructure
segment and the timing of the acquisitions of Southern Light, LLC
and Hunt Telecommunications, LLC, which were both acquired on
July 3, 2017.  Southern Light and Hunt contributed revenues of
approximately $132.8 million and $61.9 million to the Company's
consolidated results for the year-ended Dec. 31, 2018 and for the
period from the date of acquisition through Dec. 31, 2017,
respectively.  The Company expects to report net income
attributable to common shareholders of approximately $8.0 million
for the year ended Dec. 31, 2018 compared to a net loss
attributable to common shareholders of approximately $16.5 million.
The approximately $24.5 million increase in net income
attributable to common shareholders is attributable to the increase
in revenues within its Fiber Infrastructure Segment, offset
primarily by increased operating expense, general and
administrative expense, and depreciation and amortization all
related to the timing to the Southern Light and Hunt acquisitions
in July 2017.

                        About Uniti Group

Little Rock, Arkansas-based Uniti -- http://www.uniti.com/-- is an
internally managed real estate investment trust engaged in the
acquisition and construction of mission critical communications
infrastructure, and is a provider of wireless infrastructure
solutions for the communications industry.  The Company is
principally focused on acquiring and constructing fiber optic
broadband networks, wireless communications towers, copper and
coaxial broadband networks and data centers.  As of Sept. 30, 2018,
Uniti owns 5.4 million fiber strand miles, approximately 850
wireless towers, and other communications real estate throughout
the United States and Latin America.

Uniti reported a net loss attributable to common shareholders of
$16.55 million for the year ended Dec. 31, 2017, compared to a net
loss attributable to common shareholders of $5.49 million for the
year ended Dec. 31, 2016.  As of Sept. 30, 2018, Uniti Group had
$4.57 billion in total assets, $5.89 billion in total liabilities,
$85.76 million in convertible preferred stock, and a total
shareholders' deficit of $1.40 billion.

                           *    *    *

As reported by the TCR on Feb. 25, 2019, S&P Global Ratings lowered
its issuer credit rating on Unti Group's Corporate Family Rating to
'CCC-' from 'CCC+'.  The lower rating follows the downgrade of
Uniti's principal leasing tenant, Windstream Holdings Inc.

Also in February 2019, Moody's Investors Service downgraded
downgraded Uniti Group Inc.'s corporate family rating (CFR) to Caa2
from Caa1 following the downgrade of Windstream Services, LLC
(Windstream).


VIDEOLOGY INC: Seeks to Extend Exclusive Filing Period to June 4
----------------------------------------------------------------
Videology, Inc. asked the U.S. Bankruptcy Court for the District of
Delaware to extend the period during which the company and its
affiliates have the exclusive right to file a Chapter 11 plan
through June 4, and to solicit acceptances for the plan through
Aug. 5.

The extension, if granted by the court, would give the companies
more time to resolve plan-related issues and negotiate and prepare
a plan, according to their attorney, Patrick Reilley, Esq., at Cole
Schotz P.C., in Wilmington, Delaware.

Since the issuance of the last court order extending the
exclusivity filing period, the companies have continued to
prosecute their bankruptcy cases by reviewing and reconciling
claims; analyzing unnecessary contracts to reject; reviewing and
producing documents related to the mediation involving the
committee of unsecured creditors, Group M UK Digital Ltd., the ad
hoc group of convertible noteholders, CRG Financial, and Sky UK
Limited; and addressing various other issues related to the
administration of their cases.

The companies' progress to date and the nature and extent of
activity contemplated for the next couple of months provides ample
cause to extend the exclusive periods, Mr. Reilley said in a court
filing.

                       About Videology Inc.

Videology, Inc., headquartered in Baltimore, Maryland, is a
privately-held, venture-backed company specializing in television
and video advertising.  It was founded in 2007 by Scott Ferber.

Videology and its affiliates sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Del. Lead Case No. 18-11120) on May
10, 2018.  In the petitions signed by CEO Scott A. Ferber, the
Debtors estimated assets of $10 million to $50 million and
liabilities of $100 million to $500 million.

Judge Brendan Linehan Shannon presides over the cases.

The Debtors tapped Cole Schotz P.C. as their legal counsel; Hogan
Lovells US LLP and Hogan Lovells International LLP as special
corporate counsel; and Berkeley Research Group as financial
advisor.  

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on May 17, 2018.  The Committee tapped Cooley
LLP as its lead counsel; Whiteford, Taylor & Preston LLC as its
Delaware counsel; and Gavin/Solmonese LLC as its financial advisor.


WESTERN COMMUNICATIONS: Hires Grove Mueller as Accountant
---------------------------------------------------------
Western Communications, Inc., seeks authority from the U.S.
Bankruptcy Court for the District of Oregon to employ Grove Mueller
& Swank P.C., as accountant to the Debtor.

Western Communications requires Grove Mueller to assist in the
preparation of the Debtor's 2018 financial statements, and
preparation of the Debtor's 2018 federal and state tax returns.

Grove Mueller will be paid at these hourly rates:

     Chuck Swank            $315
     Devan Esch             $275
     Kevin Harding          $110

The Debtor owed Grove Mueller in the amount of $43,300.  The firm
waived this amount and any other prepetition claims in full.

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

Devan W. Esch, partner of Grove Mueller & Swank P.C., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Grove Mueller can be reached at:

     Devan W. Esch
     GROVE MUELLER & SWANK P.C.
     475 Cottage St., NE Suite 200
     Salem, OR 97301
     Tel: (503) 581-7788

                  About Western Communications

Western Communications, Inc., is a small market newspaper, niche
publishing, printing, and digital media company with publications
spread throughout Oregon (six publications) and California (two
publications).  It is headquartered in Bend, Oregon.

Western Communications previously sought bankruptcy protection
(Bank. D. Oregon Case No. 11-37319) on Aug. 23, 2011.

Western Communications sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ore. Case No. 19-30223) on Jan. 22,
2019.  At the time of the filing, the Debtor estimated assets of
$10 million to $50 million and liabilities of $10 million to $50
million.  The case is assigned to Judge Trish M. Brown.  Tonkon
Torp LLP is the Debtor's counsel.


WESTWIND MANOR: Case Summary & 40 Largest Unsecured Creditors
-------------------------------------------------------------
Ten affiliates that have filed voluntary petitions seeking relief
under Chapter 11 of the Bankruptcy Code:

   Debtor                                              Case No.
   ------                                              --------
   Westwind Manor Resort Association, Inc. (Lead Case) 19-50026
   15 Mason, Suite A
   Irvine, CA 92618

   Warrior Custom Golf, Inc.                           19-50027
   Warrior Acquisitions, LLC                           19-50028
   Warrior Golf Development, LLC                       19-50029
   Warrior Golf Assets, LLC                            19-50030
   Warrior Golf Venture, LLC                           19-50031
   Warrior Golf Management, LLC                        19-50032
   Warrior ATV Golf, LLC                               19-50033
   Warrior Premium Properties, LLC                     19-50034
   Warrior Golf, LLC                                   19-50035

Business Description: Westwind Manor Resort Association, Inc. and
                      its subsidiaries operate two distinct
                      business segments.  Warrior Custom Golf
                      focuses on the manufacture and sale of
                      custom golf clubs.  Warrior Acquisitions
                      manages affiliates, like Warrior Golf, LLC
                      that own and manage golf courses.  Warrior
                      Custom Golf was founded in 1998 by Brendan
                      Flaherty.  It develops, manufactures
                      markets and sells affordable custom golf
                      clubs and related equipment to golfers
                      worldwide.  Warrior Custom Golf's products
                      are custom built to the specifications of
                      each customer.  Warrior Acquisitions is the
                      manager of six entities that own and operate
                      18 golf courses and parcels of land located
                      throughout the United States.  Both segments

                      of the business are headquartered in Irvine,

                      California.

Chapter 11 Petition Date: March 4, 2019

Court: United States Bankruptcy Court
       Southern District of Texas (Laredo)

Judge: Hon. David R. Jones

Debtors' Counsel: Michael D. Warner, Esq.
                  Benjamin L. Wallen, Esq.
                  COLE SCHOTZ P.C.
                  301 Commerce Street, Suite 1700
                  Ft. Worth, TX 76102
                  Tel: (817) 810-5250
                  Fax: (817) 810-5255
                  Email: mwarner@coleschotz.com
                         bwallen@coleschotz.com

Debtors'
Financial
Advisor:       FORCE TEN PARTNERS LLC

Debtors'
Claims &
Noticing
Agent:            DONLIN, RECANO & COMPANY, INC.
                  Re: Westwind Manor Resort Association, Inc.
                  P.O. Box 199043
                  Blythebourne Station
                  Brooklyn, NY 11219
                  Toll Free: (866) 745-0270
                  Fax: (212) 481-1416
                  https://is.gd/xolQcT

Assets and Liabilities:

                              Estimated            Estimated
Case No.                       Assets             Liabilities
--------                -------------------  --------------------
Westwind Manor Resort         $0 to $50,000         $0 to $50,000
Warrior Custom Golf      $1-mil. to $10-mil.  $10-mil. to $50-mil.
Warrior Acquisitions          $0 to $50,000   $100,000 to $500,000
Warrior Golf Development $1-mil. to $10-mil.   $1-mil. to $10-mil.
Warrior Golf Assets      $1-mil. to $10-mil.   $1-mil. to $10-mil.
Warrior Golf Venture     $1-mil. to $10-mil.   $1-mil. to $10-mil.
Warrior Golf Management  $1-mil. to $10-mil.   $1-mil. to $10-mil.
Warrior ATV Golf         $1-mil. to $10-mil.   $1-mil. to $10-mil.
Warrior Premium          $1-mil. to $10-mil.   $1-mil. to $10-mil.
Warrior Golf            $10-mil. to $50-mil.  $10-mil. to $50-mil.

The petitions were signed by Jeremy Rosenthal, chief restructuring
officer.

A full-text copy of the Lead Debtor's petition is available for
free at:

            http://bankrupt.com/misc/txsb19-50026.pdf
                      
Consolidated List of Debtors' 40 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Anthony Ivankovich                    Note           $2,000,000
791 Crandon Blvd.
Key Biscayne, FL 33149

2. Raymond J. Kiefer                     Note           $1,220,019
1147 Bayshore Dr.
Antioch, IL 60002-1483

3. A and O Family, LLC                   Note           $1,121,644
1150 Michigan Ave.
Wilmette, IL 60091-1976

4. Mark & Linda Price                    Note           $1,054,119
2601 Secretariat Ct.
Evansville, IN 47720-2386

5. Donald P. Grzankowski                 Note             $871,100
2239 Preservation Green Ct.
Sun City Center, FL
33573-4417

6. Mark Bauman                           Note             $802,547
2320 Vanreen Dr.
Colorado Springs, CO
80919-5593

7. Dr. Susan Winchell                    Note             $596,503
810 CR 133 Rd
Wharton, TX 77488-2051

8. Gregory A. Caretto                    Note             $590,993
P.O. Box 2018
Vail, CO 81658-2018

9. Richard C. Klamer Living              Note             $558,462
Trust
Richard C. Klamer, Trustee
3450 34th St.
Hamilton, MI 49419-9547

10. Thomas J. Hilty, Jr.                 Note             $465,324
10707 NW 27th St.
Terrebonne, OR
97760-9763

11. R.E. Alexander                       Note             $441,845
9411 South Church St.
Pahrump, NV 89048-8349

12. John & Carla Synatschk               Note             $392,691
1100 US Hwy 385
Springlake, TX
79082-6319

13. Karen K. Parrish Trust Deed          Note             $388,923
3753 Barrel Loop
The Villages, FL
32163-2758

14. James L. Olsen                       Note             $382,797
Revocable Trust
117 Carolina Forest Rd
Chapel Hill, NC
27516-9033

15. Dan Garrison                         Note             $350,000
19303 San Solomon
Springs CT
Cypress, TX 77433-4076

16. Thomas Adler                         Note             $344,037
140 Hards Ln
Lawrence, NY
11559-1315

17. Thomas Mark & Diane                  Note             $325,874
Johnston
P.O. Box 1055
Jefferson, NC
28640-1055

18. William Odell TTEE & Ella            Note             $323,821
Odell TTEE
1206 Knights Gate Ct
Sun City Center, FL
33573-5895

19. Elliot Family Trust                  Note             $301,156
February 11, 2011
355 San Mateo Dr.
Menlo Park, CA
94025-5346

20. William P. Heddles Trust             Note             $276,888
P.O. Box 100
Tiffin, OH 44883

21. Cicil Mellinger                      Note             $255,126
215 N. 56th Ave. #17
Yakima, WA 98908-5116

22. John Synatschk                       Note             $250,000
1100 US Hwy 385
Springlake, TX
79082-6319

23. CJ & WM Reed Family                  Note             $238,431
1986 Revocable Trust
10036 La Placita, CA
95670-3139

24. David Walker                         Note             $232,223
9735 W. Diablo Dr
Las Vegas, NV
89148-4628

25. Ron Stemen                           Note             $227,937
308 Upham Dr
Johnston, OH
43031-1029

26. Coley Docter Inc.                    Trade            $226,732
420 Stevens Avenue
Suite 310
Solana Beach, CA 92075

27. Diane J. Luoto                       Note             $223,481
16782 Fairfield St.
Livonia, MI 48154-2906

28. Donald Grzankowski                   Note             $200,000
P.O. Box 45119
Westlake, OH 44145-0629

29. Robert Elliot                        Note             $200,000
c/o Elliot Family Trust
355 San Mateo Drive
Menlo Park, CA 94025

30. Wilfred M. Luoto                     Note             $200,000
16782 Fairfield St
Livonia, MI 48154-2906

31. Equity Trust, FBO Jeffrey            Note             $190,562
Bibler
P.O. Box 451159
Westlake, OH 44145-0629

32. Leonoard J. Kuczynski                Note             $182,607
4925 Valley Woods Dr
Independence, OH
44131-5241

33. The Philip C. Shoaf Trust            Note             $172,748
1059 Marie Ave
Martinez, CA 94553-3520

34. The Mintz Family Trust               Note             $169,731
Cheryl L. Mintz, Trustee
3205 White Sands Way
League City, TX
77573-0703

35. Elizabeth Ann Harlow                 Note             $165,602
PO box 2326
Appomattox, VA
24522-2326

36. Erwin L. Cooper                      Note             $161,972
7766 W State Rd 45
47403-9252

37. Roger & Rosemary Nelson              Note             $150,000
280 Victor Ave.
Longwood, FL
32750-6157

38. Don Copus                            Note             $150,000
46 Ridge Rd
Pleasant Ridge, MI
48069-1122

39. Charles E. Huss                      Note             $141,435
1705 Hillcrest Ct, Box 348
Mendota, IL 61342-0348

40. Ross Oliver                          Note             $139,588
9417 35th Ave. NE
Marysville, WA
98270-7252


WILLIAM PERTL: Proposes an Auction of All Real/Personal Properties
------------------------------------------------------------------
William Shane Pertl, Pertl Ranch, LLC, and Pertl Ranch Feeders,
LLC, ask the U.S. Bankruptcy Court for the District of Kansas to
authorize the sale of (i) substantially all real estate and
personal property owned by Debtors Pertl Ranch and Pertl Ranch
Feeders ("Entities"); (ii) portions of real estate and personal
property owned by Mr. Pertl; and (iii) portions of real estate and
personal property that Mr. Pertl owns with Co-owners Mindy J.
Montgomery, and Ronald Pertl and Joyce Pertl, through their chapter
7 trustee, Robert L. Baer, by auction.

The real estate and the personal property proposed to be auctioned
are described more fully on Exhibits 1 and 2.

The Debtors own and operate a farm and ranch facility located in
and around Lucas, Kansas.  Pertl Ranch Feeders owns a 933.8 acres
feed lot capable of holding 30,000 head of cattle, a 472.1- acre
tract of pasture and grass land with water rights, approximately
six miles away, and a variety of machinery, equipment, rolling
stock, and inventory used in the feed lot operation.  Pertl Ranch
owns 505.4 acres of crop and grassland, and leases over 3,000
additional acres, used in the production of crops, forage, and
silage to feed the cattle in the feedlot.  Thus, the Entities are
symbiotic with one another.  Mr. Pertl and his grandparents, Joyce
and Ron Pertl, own an additional 458.91 acres of crop and grassland
together, subject to relief from stay being granted in their
chapter 7 case.

The Entities believe that it is in the best interest of their
bankruptcy estates and their creditors to sell all of their real
estate and personal property located in Lincoln, Russell, Mitchell
and Ellis Counties, in the state of Kansas, free and clear of liens
and encumbrances, by public auction.  

Mr. Pertl believes that it is in the best interest of his
bankruptcy estates and his creditors to sell portions of his real
estate and personal property located in Lincoln, Russell, Mitchell
and Ellis Counties, in the state of Kansas, free and clear of liens
and encumbrances, by public auction.  He also believes that it is
in the best interest of his bankruptcy estates and his creditors to
sell portions of real estate and personal property, which he owns
with Co-owner Mindy J. Montgomery, located in Lincoln, Russell,
Mitchell and Ellis Counties, in the state of Kansas, free and clear
of liens and encumbrances, by public auction.  Both the Debtor's
interest, which is property of the estate, and the interest of
Co-owner Mindy J. Montgomery, will be sold.  Co-owner Mindy J.
Montgomery consents to the proposed sale.

Additionally, Mr. Pertl asks conditional approval to sell property
co-owned with Ronald Pertl and Joyce Pertl, through their chapter 7
trustee, Robert L. Baer.  The Debtors will file a motion for relief
from the automatic stay in that chapter 7 case, and any relief
granted as to such property that also constitutes property of that
estate will be conditioned on the terms of an order granting relief
from the stay in that case.

The Debtors ask Court approval to hold a public auction in order to
sell the Property.  The proposed auction will be conducted by
Marshall Land Brokers and Auctioneers through the brokerage firm of
AgStar Land Brokers.  Separate Auctions are scheduled to be held
on:

    a. April 18, 2019 for real estate located in Lincoln, Russell,
and Mitchell Counties;

    b. April 19, 2019 for real estate located in Ellis County;

    c. April 25, 2019 for personal property located in Lincoln,
Russell, and Mitchell Counties; and

    d. April 26, 2019 for personal property located in Ellis
County.

The proposed auctions will close not later than 30 days following
the date of the applicable auction.  Marshall and AgStar will
receive a commission of 4% of the auction price for any real
property, plus an additional 1% if the buyer was represented by an
agent, and 5% of the auction price for any personal property, all
of which will be deducted from the sales proceeds.  All title
insurance, title examination, escrow or settlement, and any other
recording fees will be paid by the successful bidder at auction.

The auction will have no reserve, although each applicable secured
creditor will retain its credit bid rights against all or any
portion of their collateral, and, if either party exercises those
rights and is the successful bidder for their collateral, they will
be required to pay at closing the commissions owed to Marshall and
AgStar and pro rata taxes and recording fees that would otherwise
be paid at closing.  The Property will be sold subject to the
Debtors' rights to continue growing and harvesting the crops
currently in the ground, which will all be harvested not later than
July 31, 2018.

There are perfected liens against the Property held by BankCentral,
N.A., Belt Leasing, LLC, CNH Industrial Capital, Conterra
Agricultural Capital, Deere & Co. (and/or its affiliated entities),
GemCap Lending I, LLC, Northland Capital, and One Main Financial.
The secured claims of the applicable creditor will attach to the
proceeds of the sale with the same extent, validity, and priority
as the liens on the Property immediately prior to the sale.

The Debtors will submit a subsequent notice of the order of the
auction, which will list out the separate parcels.  Any party in
interest will have the right to object to the order of the sale.
However, in no instance will an item of Property encumbered by the
senior lien of one creditor be sold together with an item of
Property encumbered by the senior lien of another creditor.

The proceeds from the auction will first be applied to ordinary
costs of sale, closing costs, auction costs, broker and auctioneer
commissions, and pro rata real property taxes.  Thereafter,
proceeds will be used to pay administrative expenses directly
related to the sale, including but not limited to attorney fees and
fees of the United States Trustee.  The foregoing costs and fees
will be assessed against each auctioned item on a pro-rata basis.
Thereafter, proceeds will be distributed to the creditor holding
the most senior secured claim as may be agreed by the parties or
subsequently determined by the Court, until all liens secured by
the applicable item of Property have been paid in full.
Thereafter, all remaining net proceeds will be distributed to the
applicable Debtor or co-owner.

The sale of the Property is in accordance with the Debtors' attempt
to mitigate damages and to facilitate the timely sale of the
Property. Debtors estimate the value of the Property to be
$19,723,995, not including leased assets.  The debts secured by the
Property are approximately $16,555,000.  In addition to the
Property, the majority of these claims are also secured by land
owned solely in the name of Ronald and Joyce Pertl, valued at
$640,000.  Based upon this, it appears that there is equity
available in the assets to pay all creditors.

A copy of Exhibits 1 and 2 attached to the Motion is available for
free at:

    http://bankrupt.com/misc/William_Pertl_21_Sales.pdf

                        About Pertl Ranch

Pertl Ranch, LLC -- https://pertlranch.com/ -- is a privately held
company in Hays, Kansas in the cattle ranching and farming
business.  The Company provides cattle feeding services utilizing
homegrown hay and local grain sourcing to help keep feed costs low
and quality high.  Pertl Ranch also offers custom hay, custom
planting, and farm management services.

Pertl Ranch Feeders, LLC and Pertl Ranch, LLC filed voluntary
petitions (Bankr. D. Kan. Case No. 19-10130 and 19-10131) on Jan.
29, 2019, and are represented by David P. Eron, Esq. in Wichita,
Arkansas.

In the petitions signed by William Shane Pertl, member manager,
Pertl Ranch Feeder estimated $1 million to $10 million in assets
and $10 million to $50 million in liabilities; and Pertl Ranch LLC
estimated $10 million to $50 million in assets and the same range
of liabilities.


WINDSTREAM HOLDINGS: Gets Access to $400M in Interim Financing
--------------------------------------------------------------
BankruptcyData.com reported that Windstream Holdings Inc., et al.,
have sought and obtained Bankruptcy Court authority to access $400
million in interim bankruptcy financing, and use cash collateral.

The proposed debtor-in-possession (DIP) financing will be made
available pursuant to a senior secured, superpriority DIP credit
facility in an aggregate principal amount of up to $1 billion and
will be comprised of (a) a revolving credit facility (the DIP
Revolving Facility) with  aggregate commitments of up to $500
million, including a letter of credit sub-facility in an aggregate
amount of up to $50 million (the "DIP L/C Sub-Facility"), and (b) a
term loan facility (the "DIP Term Loan Facility" and, together with
the DIP Revolving Facility, the "DIP Facilities") in an aggregate
principal amount of $500 million.

Key Terms of the DIP Facilities:

* Borrower: Windstream Service, LLC

* Guarantors: Holdings and each existing and future direct and
  indirect domestic subsidiary of the Borrower to the extent
required
  by Section 5.10 of the Existing Credit Facility.

* DIP Financing Lenders: With respect to the Term Facility, the
  Arranger and the other institutions, and other financial
  institutions or entities acceptable to Citi and the Borrower
  (collectively, the "Term Lenders")

* Arranger: Citigroup Global Markets Inc. ("CGMI") on behalf of
Citi
  and each Additional Arranger (collectively, together with their
  affiliates, the "Arranger").

* DIP Facilities: Term Facility - A superpriority term loan
facility
  (the "Term Facility") in an aggregate principal amount of up to
  $500,000,000 (the "Term Loan Commitments"). Amounts paid or
prepaid
  under the Term Facility may not be reborrowed.

* Term Facility Initial Availability: A portion of the Term Loan
  Commitments shall be available to the Borrower in an amount equal

  to the lesser of $300,000,000 and such other amount as may be
  approved by order of the Bankruptcy Court.

* Revolving Facility - A superpriority non-amortizing revolving
  credit facility (the "Revolving Facility" and, together with the

  Term Facility, the "Facilities") in an aggregate principal amount

  of up to $500,000,000 (the "Revolving Commitments" and, together

  with the Term Loan Commitments, the "Commitments").

* Revolving Facility Initial Availability: Interim availability
under
  the Revolving Facility will be to $100,000,000.

* Maturity: The maturity date of the Facilities will be (and all
  loans and obligations under the Facilities shall be repaid in
full
  in cash on) the stated maturity, which shall be the date that is
24
  months after the Closing Date.

* Interest Rates: (i) the Applicable Margin (as defined in the Fee

  Letter) plus the Alternate Base Rate which shall be defined as
the
  highest of (i) Citibank's base rate, (ii) the three-month
  certificate of deposit rate plus 1/2 of 1%, (iii) the Federal
Funds
  Effective Rate plus 1/2 of 1% and (iv) the one-month LIBO Rate
plus
  1.00% per annum, in each case, calculated on a 365/366-day basis

  and payable monthly in arrears; or (ii) the Applicable Margin
plus
  the current LIBO rate as quoted by Reuters Screen LIBOR01 Page,
  adjusted for reserve requirements, if any, and subject to
customary
  change of circumstance provisions, for interest periods of one
  month (the "LIBO Rate"), calculated on a 360-day basis and
payable
  at the end of the relevant interest period, but in any event at
  least quarterly; provided that the LIBO Rate will at no time be
  less than 0% per annum.

                        About Windstream Holdings

Windstream Holdings, Inc. and its subsidiaries are providers of
advanced network communications and technology solutions for
businesses across the United States.  They also offer broadband,
entertainment and security solutions to consumers and small
businesses primarily in rural areas in 18 states.

Windstream Holding Inc. and its subsidiaries filed for bankruptcy
protection (Bankr. S.D.N.Y., Lead Case No. 19-22312) on Feb. 25,
2019.

The Debtors had total assets of $13,126,435,000 and total debts of

$11,199,070,000 at Jan. 31, 2019.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as counsel; PJT Partners LP as financial advisors
and investment bankers; Alvarez & Marsal North America LLC as
restructuring advisor; and Kurtzman Carson Consultants as notice
and claims agents.


XENETIC BIOSCIENCES: Signs Deal to Acquire Innovative CAR T
-----------------------------------------------------------
Xenetic Biosciences, Inc. has signed an agreement to acquire the
novel CAR T ("Chimeric Antigen Receptor T Cell") platform
technology, called "XCART," a proximity-based screening platform
capable of identifying CAR constructs that can target
patient-specific tumor neoantigens, with a demonstrated proof of
mechanism in B-cell Non-Hodgkin lymphomas.  The XCART technology,
developed by The Scripps Research Institute in collaboration with
the Shemyakin-Ovchinnikov Institute of Bioorganic Chemistry, is
believed to have the potential to significantly enhance the safety
and efficacy of cell therapy for B-cell lymphomas by generating
patient- and tumor-specific CAR T cells.  The acquisition is
subject to conditions typical for a transaction of this kind,
including appropriate stockholder approvals, and is expected to
close in the first half of 2019.

"This acquisition is a transformative step in the strategic
evolution of Xenetic," commented Jeffrey Eisenberg, chief executive
officer of Xenetic.  "With this novel and differentiated CAR T
technology, we are now positioned in a field that is at the
forefront in the development of new oncology therapeutics, which we
believe will drive significant value for shareholders.  The XCART
platform was designed to target personalized, patient-specific
tumor neoantigens and has demonstrated promising preclinical data
in an area of significant unmet medical need.  Our R&D efforts will
focus initially on leveraging the XCART platform to develop
cell-based therapeutics for the treatment of B-cell Non-Hodgkin
lymphomas, an initial global market opportunity estimated to exceed
$5 billion per year."

The XCART technology platform was designed by its originators to
utilize an established screening technique to identify peptide
ligands that bind specifically to the unique B-cell receptor on the
surface of an individual patient's malignant tumor cells.  The
peptide is then inserted into the antigen-binding domain of a CAR,
and a subsequent transduction/transfection process is used to
engineer the patient's T cells into a CAR T format which redirects
the patient's T cells to attack the tumor.  Essentially, the XCART
screening platform is the inverse of a typical CAR T screening
protocol wherein libraries of highly specific antibody domains are
screened against a given target.  In the case of XCART screening,
the target is itself an antibody domain, and hence highly specific
by its nature.  The XCART technology creates the possibility of
personalized treatment of lymphomas utilizing a CAR with an
antigen-binding domain that should only recognize, and only be
recognized by, the unique BCR of a particular patient's B-cell
lymphoma.

Matthew John Frigault, M.D., a member of Xenetic's Scientific
Advisory Board and medical oncologist in the Hematologic Malignancy
Program at the Massachusetts General Hospital Cancer Center,
Assistant Director of the Cellular Therapy Service, and Instructor
at Harvard Medical School commented, "Adoptive cell therapy, and
CAR T in particular, has been an area of great interest in recent
years, and an area that I have built my career around.  There are a
number of CAR T products in development and the existing therapies
can be highly efficacious, but not all patients respond, and the
side effects can be frequent and serious, even life threatening."

An expected result for XCART is limited off-tumor toxicities, such
as B-cell aplasia.  Xenetic's clinical development program will
seek to confirm the early preclinical results, and to demonstrate a
more attractive safety profile than existing therapies.

Under the terms of the transaction, Xenetic will acquire all
outstanding shares of Hesperix S.A., a newly-formed Swiss entity to
which all XCART owners and inventors other than Scripps have
assigned their rights to XCART, and will exclusively license
Scripps' rights in the technology, in exchange for an aggregate
7,500,000 shares of Xenetic common stock.

                      About Xenetic Biosciences

Lexington, Massachusetts-based Xenetic Biosciences, Inc., is a
clinical-stage biopharmaceutical company focused on the discovery,
research and development of next-generation biologic drugs and
novel orphan oncology therapeutics.  Xenetic's lead investigational
product candidate is oncology therapeutic XBIO-101 (sodium
cridanimod) for the treatment of progesterone resistant endometrial
cancer.

Xenetic incurred a net loss of $3.59 million in 2017 compared to a
net loss of $54.21 million in 2016.  As of Sept. 30, 2018, the
Company had $15.53 million in total assets, $4.23 million in total
liabilities and $11.29 million in total stockholders' equity.

The report from the Company's independent accounting firm Marcum
LLP, the Company's auditor since 2015, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company has had recurring
net losses and continues to experience negative cash flows from
operations.  These conditions raise substantial doubt about its
ability to continue as a going concern.


[*] Chad Dale Joins Proskauer's Corporate Department as Partner
---------------------------------------------------------------
International law firm Proskauer on March 4 announced the arrival
of Chad Dale as a partner in its Corporate Department, resident in
the Boston office.

"As a seasoned leader in corporate reorganizations and debt
restructurings, Chad understands the goals and strategies of our
clients and will be a great asset to our insolvency business," said
Martin Bienenstock, partner and chair of Proskauer's Business
Solutions, Governance, Restructuring & Bankruptcy Group.

Mr. Dale has over 25 years of experience in corporate
reorganizations and debt restructurings.  He represents troubled
companies, equity sponsors, creditor committees, indenture
trustees, secured and unsecured lenders, trustees and receivers in
complex out-of-court debt restructurings, and formal insolvency
proceedings, including bankruptcies and receiverships.  He has also
served as a court appointed Chapter 11 trustee and frequently
represents purchasers of financially distressed businesses.  Mr.
Dale received his B.S. with honors from the University of Dayton,
and his J.D. from Northeastern University School of Law.

"Chad is a great addition to our insolvency practice, and will
provide us with further expertise as we continue the global
expansion of our debtors' and creditors' rights, special situations
and distressed investing practices," said Steven Ellis, co-head of
The Private Credit Group and member of the Firm's Executive
Committee.

Proskauer has had major roles in some of the largest, most
contested and highest-profile
chapter 11 and sovereign restructuring cases in America today.  The
Firm currently represents The Financial Oversight and Management
Board for Puerto Rico as lead outside counsel for the historic
restructuring of Puerto Rico as the first US territory ever
authorized to undergo a bankruptcy process, involving 63
instrumentalities, approximately $74 billion of bond debt, and $55
billion of underfunded public pension liabilities.



                            *********

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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2019.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000.

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