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

              Thursday, October 3, 2019, Vol. 23, No. 275

                            Headlines

3691 LAS VEGAS BLVD: Unsecureds to Get 1 Payment of $2,500
705 INC: $125K Sale of Interest Movable Property to TRC Approved
ABSOLUTE DIMENSIONS: Unsecureds to Get Monthly Payments Over 10 Yrs
ACOSTA INC: Moody's Lowers CFR to Ca, Outlook Stable
AKCAFE OF NEW YORK: Unsecured Creditors to Get 5% Under Plan

ALTA MESA: U.S. Trustee Forms 7-Member Committee
ANKA BEHAVIORAL: Court Approves Disclosure Statement
ARLEN HOUSE: Nov. 26 Hearing on Disclosure Statement
B. & J. PROPERTY: Plan Solicitation Period Extended Until Dec. 31
BAYOU STEEL: Idles Operations, Looking for Buyer

BOBALU INC: Case Summary & 10 Unsecured Creditors
BUTLER SPECIALTIES: Oct. 15 Auction of All Assets Set
C & F STURM: Case Summary & 4 Unsecured Creditors
CALPINE CORP: Moody's Alters Outlook on Ba3 CFR to Stable
CF INDUSTRIES: Egan-Jones Hikes Senior Unsecured Ratings to BB+

CGI GAJU: Exclusivity Period Extended Until Oct. 18
CGI PARAMOUNT: Exclusivity Period Extended Until Oct. 18
CLARE OAKS: Exclusivity Period Extended Until Feb. 6
CLEAR CHANNEL: Fitch Withdraws B- LT IDR for Commercial Reasons
CLEARWATER TRANSPORTATION: $1.2M Sale of Austin Assets Okayed

COSTA HOLLYWOOD: Case Summary & 20 Largest Unsecured Creditors
DANICA ASSOCIATES: $15K Sale of Subway Store Equipment Okayed
DEAN FOODS: Egan-Jones Lowers Senior Unsecured Ratings to CCC
DIGITAL REALTY: Fitch Gives BB+ Rating to Series L Preferred Stock
DONALD GARROW: $190K Sale of Charleston Property to Glas Approved

EB HOLDINGS II: Case Summary & 20 Largest Unsecured Creditors
EP TECHNOLOGY: Asks Court for Permission to Use Cash Collateral
EQUIFAX INC: Egan-Jones Lowers Sr. Unsec. Ratings to BB+
FORESIGHT ENERGY: Moody's Lowers Corp. Family Rating to Caa2
FOREVER 21: List of Up to 178 Stores Closing by End of Year

FRED'S INC: Oct. 28 Auction of Real Estate Assets Set
FT/R LLC: $10.2M Sale of 59-Acre Land in Friendswood Approved
FURIE OPERATING: Nov. 12 Auction of All Assets Set
HIGH TIDE TRANSPORT: U.S. Trustee Unable to Appoint Committee
HVI CAT: $1.25M Private Sale of REDU Asset Denied Without Prejudice

IDL DEVELOPMENT: Exclusivity Period Extended Until Oct. 25
INTERLOGIC OUTSOURCING: Sale of All Assets to PrimePay Approved
JAMES M THOMPSON: Voluntary Chapter 11 Case Summary
JRND LLC: Complete Business Solutions Says Plan Unconfirmable
JTWW INC: Files Reorganization Plan; Unsecureds Paid in 10 Years

JULIETTE FALLS: U.S. Trustee Unable to Appoint Committee
LATITUDE 360: Trustee's $1.3M Sale of Buford Property to AGT Okayed
LATITUDE 360: Trustee's $5K Sale of All Remnant Assets Abated
LATITUDE 360: Trustee's $5K Sale of Remnant Assets Abated
LAWSON NURSING: $1.8M Sale of All Assets to Jefferson Okayed

LMT CAPITAL: Case Summary & 2 Unsecured Creditors
MCQUILLEN PLACE: Has Until Oct. 4 to File Chapter 11 Plan
MMM HOLDINGS: Moody's Assigns B1 CFR, Outlook Stable
MODERN POULTRY: Ex-Worker Has Issues With Disclosure Statement
MONTESQUIEU, INC: New Board Members Named

MORGAN DIRTWORKS: Taps Jimmy L. Veith as Bankruptcy Counsel
NRG ENERGY: Egan-Jones Raises Senior Unsecured Ratings to B
ORANGE COUNTY: Seeks to Extend Exclusivity Period to April 16
PALMER-TECH SERVICES: May Use Cash Collateral Thru Oct. 12
PURDUE PHARMA: U.S. Trustee Forms 9-Member Committee

RANCHER'S LEGACY: U.S. Trustee Forms 5-Member Committee
RANCHER’S LEGACY: May Continue Using Cash Until Final Hearing
REGAL ROW FINA: Gets Access to $39K Cash for A Month's Operation
RONALD BUSCHMANN: $188K Sale of On Target Membership Interest OK'd
ROOFTOP GROUP: U.S. Trustee Appoints 2 New Committee Members

SAFE HARBOR: Proposes $150K Financing From SHC Holdings
SAHBRA FARMS: Exclusivity Period Extended Until Jan. 13
SCOTTY'S HOLDINGS: $20K Sale of A Pots' Vehicles to Sun King Okayed
SCOTTY'S HOLDINGS: $41K Sale of Liquor License/Wine Inventory OK'd
SIENNA BIOPHARMACEUTICALS: U.S. Trustee Forms 3-Member Committee

SOMERVILLE BREWING: Wants to Use Cash Collateral Thru Oct. 31
SONJA COLBERT: $813K Sale of Oakland Property to IPX Approved
SUNPOWER CORP: Egan-Jones Lowers Sr. Unsec. Ratings to CCC-
TAJAY RESTAURANTS: Seeks to Extend Exclusivity Period to Jan. 15
TENNECO INC: Fitch Affirms BB- LongTerm IDR, Outlook Stable

THOMAS COOK: Chapter 15 Case Summary
US STEEL: Fitch Lowers LongTerm IDR to B+, Outlook Stable
WALTON BUSINESS: Sale of Walton Property to Waltonia Approved
WEATHERLY OIL: $41K Sale of East Gates Assets to Bull Approved
WEWORK COMPANIES: Fitch Cuts Rating to CCC+ Amid S-1 Withdrawal

WINE VALLEY: May Use Cash Collateral Until Further Court Order
[*] Levinson Joins Debevoise as Co-Chair of Restructuring Group
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

3691 LAS VEGAS BLVD: Unsecureds to Get 1 Payment of $2,500
----------------------------------------------------------
3691 Las Vegas Blvd LLC filed a Chapter 11 plan of reorganization
and a first Disclosure Statement.

Class 3 - General Unsecured Claims. Holders of Class 3 General
Unsecured Claims on the Effective Date shall, in full satisfaction,
settlement, release and exchange for such Allowed General Unsecured
Claims, shall receive 1 payment of $2,500.00.

Class 4 - Equity Interest of the Debtor. The Equity Interest of the
Debtor are unimpaired by the Plan and conclusively deemed to have
accepted the Plan, pursuant to Bankruptcy Code section 1126(f) to
the extent the Debtor’s members make the required contribution of
$2,500.00. No solicitation is required.

On the Effective Date payments to Creditors' in Classes 1-3 shall
be funded from the Debtor's equity interest holder contributions
and rental income once the required certificate of occupancy is
obtained from the County.

A full-text copy of the First Disclosure Statement dated September
25, 2019, is available https://tinyurl.com/yxs6vj89 from
PacerMonitor.com at no charge.

Attorney for the Debtor:

     Steven L. Yarmy, Esq.
     7464 W Sahara Ave, STE 8
     Las Vegas, Nevada 89117
     (702) 586-3513
     (702) 586-3690 FAX
     sly@stevenyarmylaw.com

                    About 3691 Las Vegas Blvd

Based in Las Vegas, Nevada, 3691 Las Vegas Blvd LLC, a fee simple
owner of a real property, filed a voluntary Chapter 11 Petition
(Bankr. D. Nev. Case No. 19-15209) on August 14, 2019. The case is
assigned to Hon. August B. Landis.

The Debtor's counsel is Steven L. Yarmy, Esq., in Las Vegas,
Nevada.

At the time of filing, the Debtor had total assets of $1,200,000
and total liabilities of $548,944. The petition was signed by John
Compagno, manager.


705 INC: $125K Sale of Interest Movable Property to TRC Approved
----------------------------------------------------------------
Judge Douglas D. Dodd of the U.S. Bankruptcy Court for the Middle
District of Louisiana authorized 705, Inc., doing business as
Bogie's, to sell to TRC Management, Inc., for $125,000:

     a) The Debtor's right, title and interest in the name Bogie's,
Bogie's Bar, Bogie's Bar & Grill, or any other derivative term
"Bogie's," including the Debtor's right, title and interest in the
trade names "Bogie's Bar registered with the Louisiana Secretary of
State as Book Number 65-9206;

     b) Any right, title and interest the Debtor may still have in
that certain lease by and between the Debtor, as lessee, and
Butler, as lessor, dated Feb. 1, 2018, and recorded April 3, 2019
as Orig. 860, Budl. 12879 in the official Records of East Baton
Rouge Parish;

     c) Any and all equipment used by the Debtor in the operation
of Bogie's Bar, including, but not limited to, coolers, ice
machines, fountain machines, televisions, the point of sale system,
sound equipment, audio/visual equipment, and internet routers and
cables, but excluding picnic tables, washer/dryer, tools, rake,
ping-pong table, air curtains by the front door, and the
under-counter bar cooler stored by the office; and  

     d) All memorabilia, including but not limited to jerseys, golf
flags, helmets and posters located at 705 E. Boyd Drive, Baton
Rouge, LA 70808.

The sale is free and clear of all liens, encumbrances, claims and
interests, with those liens, encumbrances, claims and interests
referring and attaching to the proceeds of the sale.

With the consent of the opposing parties, the 14-day stay on
execution of the Order under FED. R. BANKR. P. 6004(h) is
abrogated.

                          About 705 Inc.

705, Inc., which conducts business under the name Bogie's, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D. La.
Case No. 19-10784) on July 7, 2019.  In the petition signed by
Aaron "Mugsy" Saulnier, president, 705, Inc., was estimated to have
assets of less than $1 million and liabilities of less than
$500,000.  The case has been assigned to Judge Douglas D. Dodd.
705, Inc. is represented by Richmond Law Firm, LLC.

David Asbach, acting U.S. trustee for Region 5, on Aug. 28, 2019,
appointed three creditors to serve on the official committee of
unsecured creditors in the Debtor's case.



ABSOLUTE DIMENSIONS: Unsecureds to Get Monthly Payments Over 10 Yrs
-------------------------------------------------------------------
Absolute Dimensions, LLC, filed a First Disclosure Statement
submitted in conjunction with Debtor’s First Plan of
Reorganization dated September 25, 2019.

Class 1 is the Administrative Convenience Class and is comprised of
Allowed Unsecured Claims equal to or less than $5,000.00. The
holder of Allowed Claims will be paid in full in Cash on the
Effective Date and, therefore, are Unimpaired.

Class 4 is the Allowed Unsecured Claims in excess of $5,000.00 are
impaired. Class 4 creditors will be paid in full in monthly
payments, distributed Pro Rata, over a term of ten years with
interest at 4% per annum. That is fifteen days after the Effective
Date.

Class 3 is the Allowed Priority Tax Claims are impaired. Unless the
holders of Class 3 Claims accept different treatment, they will
receive on the Effective Date a payment equal to one-half of their
Allowed Claims in Cash and the balance of their Allowed Claims will
be paid over a term of forty-eight months in equal monthly
installments with interest.

Class 5 is the Allowed Secured Claim of Emprise Bank are impaired.
Class 6 is to be paid in full in monthly payments amortized over a
term of ten years with a balloon payment in five years. Interest
will accrue at 6.610% per annum.

Class 6 is the Interest Holders’ Class are impaired. The Interest
Holders have agreed to limit their compensation and, therefore, are
Impaired. They will retain their Interests in the Debtor, subject
only to those limitations on compensation described herein and in
the Plan.

The Debtor proposes to continue in business with its present owners
and management and pay its creditors in full as provided in the
Plan.

A full-text copy of the First Disclosure Statement dated September
25, 2019, is available at https://tinyurl.com/y6t4jukp from
PacerMonitor.com at no charge.

Attorneys for the Debtor:

     Thomas Gilman, Esq.
     Hinkle Law Firm LLC
     1617 N. Waterfront Pkwy, Ste. 400
     Wichita, KS 67206-6639
     Phone: (316) 267-2000
     Fax: (316)264-1518
     Email: tgilman@hinklaw.com

               About Absolute Dimensions

Founded in 2004, Absolute Dimensions, LLC --
https://www.absolutedimensions.com/ -- is machine parts
manufacturer and supplier in Wichita, Kansas.

Absolute Dimensions filed a voluntary Chapter 11 petition (Bankr.
D. Kan. Case No. 19-10489) on March 29, 2019.  In the petition
signed by Stephen Brittain, managing member, Absolute Dimensions
estimated less than $50,000 assets and less than $10 million debt.
Judge Robert E. Nugent oversees the case.  W. Thomas Gilman, Esq.,
at Hinkle Law Firm, LLC, is the Debtor's counsel.


ACOSTA INC: Moody's Lowers CFR to Ca, Outlook Stable
----------------------------------------------------
Moody's Investors Service downgraded Acosta, Inc.'s ratings
following the deemed limited default by virtue of a missed
principal payment on its non-extended revolving credit facility
which expired on September 26, 2019. Moody's downgraded the
Corporate Family Rating to Ca from Caa3, the Probability of Default
Rating to C-PD/LD from Caa3-PD, the first lien senior secured bank
credit facilities rating to Ca from Caa2 and the unsecured notes
rating to C from Ca. The outlook is stable.

Acosta has entered into a forbearance agreement with its lenders.
As a part of this agreement, Moody's expects that Acosta will not
make the 1 October 2019 interest payment to its senior unsecured
lenders. Given Acosta's unsustainably high leverage and the
significant level of 2021 debt maturities, Moody's expects that a
restructuring of Acosta's debt is imminent.

The following ratings are downgraded:

Issuer: Acosta, Inc.

  Corporate Family Rating, Downgraded to Ca from Caa3

  Probability of Default Rating, Downgraded to C-PD /LD from
  Caa3-PD

  Senior Secured First Lien Term Loan, Downgraded to Ca (LGD4)
  from Caa2 (LGD3)

  Senior Secured First Lien Revolving Credit Facility, Downgraded
  to Ca (LGD4) from Caa2 (LGD3)

  Senior Secured First Lien Multi Currency Revolving Credit
  Facility, Downgraded to Ca (LGD4) from Caa2 (LGD3)

  Senior Unsecured Regular Bond/Debenture, Downgraded to C (LGD6)
  from Ca (LGD5)

Outlook Actions:

Issuer: Acosta, Inc.

  Outlook, Remains Stable

RATINGS RATIONALE

Acosta's Ca CFR reflects expectations of an imminent debt
restructuring following its missed principal payment and an
expectation for a missed interest payment along with its
unsustainably high leverage and sizable 2021 debt maturities. It
also reflects Moody's view of a lower than average recovery on
Acosta's debt given its weaker earnings trend and lower valuation
than previous expectations. Acosta's fully drawn $33.5 million
revolving credit facility expired on September 26, 2019. Its $143.4
million revolving credit facility expires on June 25, 2021 and its
$2 billion term loan is due in September 2021. For the twelve
months ended July 31, 2019, Acosta's debt-to-EBITDA was 11.5x
(inclusive of Moody's lease adjustments) and EBITA-to-interest
expense was 1.2x.

The stable outlook acknowledges that ratings fully reflect Moody's
anticipated recovery levels.

Acosta's ratings could be upgraded should it successfully achieve
an out of bankruptcy restructuring of its debt maturities which
results in a sustainable level of debt and interest expense going
forward with an adequate liquidity profile.

Acosta's probability of default rating could be downgrade to D
should it pursue a formal reorganization under US Bankruptcy Code.

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

Headquartered in Jacksonville, FL, Acosta, Inc. is the second
largest provider of outsourced sales and merchandising services to
retailers, manufacturers, suppliers, and producers of primarily
food-related consumer packaged goods. Revenues are close to $1.6
billion for the LTM ended July 31, 2019. Acosta is primarily owned
by affiliates of the Carlyle Group.


AKCAFE OF NEW YORK: Unsecured Creditors to Get 5% Under Plan
------------------------------------------------------------
AkCafe of New York LLC, d/b/a Babylon Hookah Lounge, provides this
First Amended Disclosure Statement.

Class 2 - General Unsecured Claims are impaired. The Debtor will
make a first and final Pro Rata Distribution of Cash to each holder
of an Allowed Class 2 General Unsecured Claim in an amount equal to
5% of its Allowed Claim, on the Effective Date in full satisfaction
of such Claim.

The initial Effective Date Distributions contemplated to be made
under the Plan shall be funded from Cash set aside by the Debtor
from its operating revenues during the course of the Chapter 11
Case.

A full-text copy of the First Amended Disclosure Statement dated
September 25, 2019, is available at https://tinyurl.com/y4fxozw8
from PacerMonitor.com at no charge.

Counsel to the Debtor:

     Douglas J. Pick, Esq.
     Eric C. Zabicki, Esq.
     PICK & ZABICKI LLP
     369 Lexington Avenue, 12th Floor
     New York, New York 10017
     (212) 695-6000

                 About Akcafe of New York

Akcafe of New York LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. N.Y. Case No. 18-13052) on Oct. 5,
2018.  At the time of the filing, the Debtor estimated assets of
less than $500,000 and liabilities of less than $1 million.  The
Debtor tapped Pick & Zabicki LLP as its legal counsel.


ALTA MESA: U.S. Trustee Forms 7-Member Committee
------------------------------------------------
The Office of the U.S. Trustee on Sept. 27, 2019, appointed seven
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of Alta Mesa Resources, Inc. and Alta Mesa
Holdings, LP.

The committee members are:

     (1) U.S. Bank, N.A. as Indenture Trustee
         1420 Fifth Ave. Seattle, WA 98101   
         Diana Jacobs
         (206) 344-4680  
         diana.jacobs@usbank.com

     (2) Bollenbach Enterprises LP
         14736 N. Counsil Road
         Oklahoma City, OK 73142
         Melvin Bollenbach
         (405)721-3733
         melbfarms@outlook.com

     (3) Wilks Bros., LLC
         333 Shops Blvd., Suite 102
         Willow Park, TX 76087
         Morgan Neff
         (817) 212-3398
         morgan.neff@wilksbrothers.com

     (4) Tenaris Global Services
         2200 West Loop South, Suite 800
         Houston, TX 77027
         Morgan Tarlton Hotzel
         (713) 585-3039
         mhotzel@tenaris.com

     (5) QES Pressure Pumping
         1415 Louisiana, Suite 2900
         Houston, TX 77002
         Max Bouthillette
         (713) 623-7117
         maxb@qesinc.com

     (6) Kodiak Gas Services, LLC
         15320 Hwy 105 W, Suite 210
         Montgomery, TX 77356  
         Craig Collins
         (936) 539-3300
         craig.collins@kodiakgas.com

     (7) Baker Hughes Oilfield Services
         2001 Rankin Road
         Houston, TX 77073
         Christopher J. Ryan
         (713) 416-1063
         chris.ryan@bakerhughes.com
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                    About Alta Mesa Resources

Alta Mesa Resources, Inc., is an independent energy company focused
on the development and acquisition of unconventional oil and
natural gas reserves in the Anadarko Basin in Oklahoma, and through
Kingfisher Midstream, LLC, provides best-in-class midstream energy
services, including crude oil and gas gathering, processing and
marketing and produced water disposal to producers in the STACK
play.

Alta Mesa reported $1.4 billion in assets and $864 million in
liabilities as of Dec. 31, 2018.

Alta Mesa and six affiliates sought Chapter 11 protection (Bankr.
S.D. Tex. Case No. 19-35133) on Sept. 11, 2019.

The Hon. Marvin Isgur is the case judge.

The Debtors tapped Porter Hedges LLP and Latham & Watkins LLP as
attorneys; and Perella Weinberg Partners LP and its affiliate Tudor
Pickering Holt & Co Advisors LP as investment banker.  Prime Clerk
LLC is the claims agent.


ANKA BEHAVIORAL: Court Approves Disclosure Statement
----------------------------------------------------
The Disclosure Statement of Anka Behavioral Health, Incorporated,
is approved.

November 7, 2019 at 10:00 a.m., in Courtroom 220, 1300 Clay Street
Oakland, CA is fixed for the commencement of the hearing on
confirmation of the Plan.

The last day for filing and serving written objections to
confirmation of the Plan is fixed as November 1, 2019, 5:00 p.m.
PT.

If the Plan is not confirmed, the Court will consider the pending
motion of the United States Trustee to appoint a trustee to
liquidate remaining Assets or to dismiss the Case. If the case is
dismissed, the creditors would lose the ability to get a recovery
from the Avoidance Actions or the D&O Insurance.

In addition to the liens on the accounts receivable, the Bank's
Claim is also supported by guarantees by Debtor's two wholly-owned
subsidiaries AP&H, Inc. and ANKA MHSA Holding Company LLC, and also
secured by the real property owned by the Subsidiaries. The Debtor
is cooperating with the Bank to sell the real property owned by the
Subsidiaries and will be applying the net proceeds to reduce the
Bank’s Claim. Nothing in the Plan affects the continued existence
of the Subsidiaries or causes any transfer of assets of the
Subsidiaries to the Debtor or to the Liquidation Trustee.

In addition, the Debtor had a policy of insurance for claims made
against its officers with an aggregate limit of $5 million.  The
Committee and the Bank have notified the Debtor of potential claims
that may be covered by the D&O Insurance, and the Debtor duly and
timely tendered these claims to the insurance broker and the issuer
of the D&O Insurance policy. The validity and value of such claims
is unknown. Any recoveries of insurance proceeds on the Committee's
claim may also become part of the pool of assets that can be
distributed to unsecured creditors. The Bank has also tendered
claims under the D&O Insurance policy, which the Committee
disputes, but which may affect the amount of proceeds available to
unsecured creditors.

(i) The Class 2 Bank Claim. The Class 2 Bank Claim is Impaired
under the Plan. The Class 2 Bank Claim shall be an Allowed Claim in
the amount of $7,050,000.00. Under the Plan, the Holder of the
Allowed Class 2 Bank Claim shall: (a) (i) retain past the Effective
Date its pre-Petition Date Liens on the Bank Collateral and its
Replacement Liens on the Replacement Lien Collateral, and (ii)
retain all payments or other distributions made by the Debtor to
the Bank prior to the Effective Date, including all proceeds
received from the liquidation of the Bank A/R Collateral and all
proceeds received from the Bank Real Property Collateral; and (b)
receive on the Effective Date, or as soon thereafter as may be
practicable, (i) the Specific Liquidation Proceeds of the Bank Real
Property Collateral and (ii) the difference, if any, between (x)
$682,000.00 and (y) the Bank A/R Payments received between
September 1, 2019 and the Effective Date.  Commencing on the
Effective Date, until the date that the Bank Gap Claim has been
satisfied in full, the Liquidation Trustee shall distribute to the
Bank: (i) 60% of all proceeds received from the liquidation of the
Bank A/R Collateral until the Professional Fee Fund has been funded
up to the Professional Fee Carve Out Fund Cap; and, then,
thereafter (ii) 97% of all proceeds received from the liquidation
of the Bank A/R Collateral. To the extent the Bank Gap Claim is not
satisfied in full from the liquidation of the Bank A/R Collateral
after the Effective Date, the Bank shall receive the first funds
received by the Liquidation Trust from any source until the Bank
Gap Claim is satisfied in full.

Post-Confirmation Management. From and after the Effective Date,
the Liquidation Trustee shall manage the Liquidation Trust and
control and perform all post-Confirmation responsibilities,
including implementation of the Plan, filing required
post-confirmation reports, and paying required United States
Trustee quarterly fees. From and after the Effective Date, all fees
shall be paid to the Liquidation Trustee and any other
Professionals retained by the Liquidation Trustee without approval
of the Bankruptcy Court. The Liquidation Trustee shall provide, on
a quarterly basis, reporting to the Trust Oversight Committee as
well as any creditors who request it. Such reporting should consist
of a summary of receipts and disbursements as well as reporting
relating to estate property and claims activity.

A full-text copy of the Disclosure Statement dated September 25,
2019, is available at https://tinyurl.com/y6zvru7e from
PacerMonitor.com at no charge.

Attorneys for the Committee:

     MICHAEL A. SWEET
     FOX ROTHSCHILD LLP
     345 California Street, Suite 2200 San Francisco, CA 94104
     Telephone (415) 364-5540
     Facsimile: (415) 391-4436
     Email: msweet@foxrothschild.com

Attorneys for Debtor:

     Richard A. Lapping
     TRODELLA & LAPPING LLP
     540 Pacific Avenue San Francisco, CA 94133
     Telephone: (415) 399-1015
     Facsimile: (415) 651-9004
     Email: Rich@TrodellaLapping.com

        -- and --

     Tracy Green
     WENDEL, ROSEN LLP
     1111 Broadway, Suite 2400
     Oakland, CA 94607-4028
     Telephone: (510) 834-6600
     Facsimile: (510) 834-1928
     Email: tgreen@wendel.com

               About Anka Behavioral Health

In operation since 1973, Anka Behavioral Health, Inc. --
https://www.ankabhi.org/ -- is a 501(c)3 non-profit behavioral
healthcare corporation. It offers crisis residential treatment,
transitional residential treatment, and long-term residential
treatment for children and adults experiencing a psychiatric
emergency or behavioral crisis. Anka's residential-based facilities
are located in Contra Costa, Alameda, Solano, Sonoma, Santa Clara,
Fresno, San Luis Obispo, Santa Barbara, Ventura, Los Angeles, and
Riverside Counties in California, and Tuscola County in Michigan.

ANKA Behavioral Health sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Cal. Case No. 19-41025) on April 30,
2019.  At the time of the filing, the Debtor estimated assets of
between $1 million and $10 million and liabilities of between $10
million and $50 million.

The case is assigned to Judge William J. Lafferty.

The Debtor tapped Trodella & Lapping, LLP and Wendel, Rosen, Black
& Dean, LLP as legal counsel; BPM LLP as financial advisor; and
Donlin Recano & Company, Inc. as claims and noticing agent.

The U.S. Trustee for Region 17 appointed a committee of unsecured
creditors on May 8, 2019.  The committee is represented by Fox
Rothschild LLP.


ARLEN HOUSE: Nov. 26 Hearing on Disclosure Statement
----------------------------------------------------
The court has set a hearing to consider approval of the Disclosure
Statement of Arlen House East 715, LLC, is moved to November 26,
2019 at 2:00 p.m., in United States Bankruptcy Court, 301 North
Miami Avenue, Courtroom 7, Miami, Florida 33128.

The last day for filing and serving objections to the disclosure
statement is on November 19, 2019 (seven days before Disclosure
Hearing).

     Attorney for Debtor:

     Joel Aresty
     309 1st Ave S
     Tierra Verde, FL 33715

                  About Arlen House East 715

Based in Miami Beach, Florida, Arlen House East 715, LLC, filed a
voluntary petition under chapter 11 of the U.S.  Bankruptcy Code
(Bankr. S.D. Fla. Case No. 18-16263) on May 24, 2018, listing under
$1 million in both assets and liabilities. The Petition was signed
by Laurent Benzaquen, authorized representative of debtor. The
Debtor is represented by Joel M. Aresty, Esq., at Joel M. Aresty,
P.A., as counsel.


B. & J. PROPERTY: Plan Solicitation Period Extended Until Dec. 31
-----------------------------------------------------------------
Judge Peter McKittrick of the U.S. Bankruptcy Court for the
District of Oregon extended the period during which B. & J.
Property Investments, Inc. and William Berman can solicit
acceptances for their Chapter 11 plan through Dec. 31.

                      About B. & J. Property Investments

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

B. & J. Property Investments filed a Chapter 11 petition (Bankr. D.
Ore. Case No. 19-60138) on Jan. 17, 2019.  In the petition signed
by William Berman, president, the Debtor disclosed assets of
between $1 million and $10 million and liabilities of the same
range.  The case is assigned to Judge Peter C. McKittrick.  The
Debtor is represented by Tonkon Torp LLP.  Janet Schroer, Esq.,
serves as the Debtor's special counsel.



BAYOU STEEL: Idles Operations, Looking for Buyer
------------------------------------------------
Bayou Steel Group d/b/a BD LaPlace, LLC, Bayou Steel BD Holdings,
L.L.C., and BD Bayou Steel Investment, L.L.C. on Oct. 1, 2019,
conducted a reduction in force, idled most of its operations, and
filed for protection under chapter 11 of the Bankruptcy Code.  

This unfortunate situation, Bayou Steel said, was created by a
severe lack in liquidity at the Company, which resulted in a
default with its senior secured lender, and created a situation
where the Company could no longer purchase raw materials.

The Company said it will continue to engage in limited production
to finalize finished goods over the next few weeks and will use the
bankruptcy process to sell off the remainder of its inventory and
attempt to sell substantially all of its reaming assets via section
363 of the Bankruptcy Code to a strategic or financial buyer that
will hopefully re-start operations.

                        About Bayou Steel

Bayou Steel BD Holdings, L.L.C., is a North American company
focused on the production of long carbon steel products.  The
Company manufactures beams, angles, channels, flats, round bars,
and square bars.  Bayou Steel Group -- https://bayousteelgroup.com/
-- was formed in 2016 and is headquartered in La Place, Louisiana.

Bayou Steel BD Holdings, L.L.C., BD Bayou Steel Investment, L.L.C,
and BD LaPlace, LLC sought Chapter 11 protection (Bankr. D. Del.
Lead Case No. 19-12153) on Oct. 1, 2019.

The Hon. Karen B. Owens is the case judge.

The Debtors tapped POLSINELLI PC as counsel; and CANDLEWOOD
PARTNERS, LLC, as financial advisor and investment banker.
KURTZMAN CARSON CONSULTANTS LLC is the claims agent.


BOBALU INC: Case Summary & 10 Unsecured Creditors
-------------------------------------------------
Debtor: Bobalu, Inc.
        Villas Del Sol
        203 Calle Marbella
        Carolina, PR 00985

Business Description: Bobalu Inc. is a privately held company
                      headquartered in Carolina, Puerto Rico.
                      The Company previously sought bankruptcy
                      protection on Aug. 29, 2017 (Bankr. D. P.R.
                      Case No. 17-06083) and May 6, 2016 (Bankr.
                      D. P.R. Case No. 16-03662).

Chapter 11 Petition Date: October 1, 2019

Court: United States Bankruptcy Court
       District of Puerto Rico (Old San Juan)

Case No.: 19-05691

Judge: Hon. Mildred Caban Flores

Debtor's Counsel: Enrique M. Almeida Bernal, Esq.
                  Zelma Davila, Esq.
                  ALMEIDA & DAVILA, PSC
                  PO Box 191757
                  San Juan, PR 00919-1757
                  Tel: (787) 722-2500
                  Fax: (787) 777-1376
                  E-mail: adecfmail@gmail.com
                          info@almeidadavila.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Lourdes Milagros Santiago Torres,
president.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 10 unsecured creditors is available for free
at:

            http://bankrupt.com/misc/prb19-05691.pdf


BUTLER SPECIALTIES: Oct. 15 Auction of All Assets Set
-----------------------------------------------------
Judge Lena Mansori James of the U.S. Bankruptcy Court for the
Middle District of North Carolina (i) authorized the bidding and
sales procedures of Butler Specialties, Inc., T/A Butlerbuilt
Motorsports Equipment, Inc., and (ii) approved its agreement with
stalking horse bidder, if one is procured, in connection with the
sale of all assets by auction.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Oct. 7, 2019 at 5:00 p.m.

     b. Initial Bid: Any Qualified Bidder's initial Overbid will be
at least $5,000 in excess of the Baseline Bid

     c. Deposit: 10% of the proposed purchase price

     d. Auction: In the event that the Debtor receives at least two
Qualified Bids by the Bid Deadline, the Debtor will conduct an
auction of the Acquired Assets to determine the highest and
otherwise best bid with respect to the Acquired Assets.  No later
than Oct. 9, 2019, the Debtor will notify all Qualified Bidders of
(i) the highest or otherwise best Qualified Bid and (ii) confirm
the time and place of the Auction.  The Auction will commence at
10:00 a.m. at the offices of the Nardone Law Firm, PLLC, 241 Church
Street NE, Concord, North Carolina on Oct. 15, 2019.  The Debtor
will ask approval of the sale of the Acquired Assets to the
Successful Bidder at the Auction at the sale hearing.   In the
event that only one Qualified Bid is received by the Bid Deadline,
the Debtor will report the same to the Court, will declare it the
Successful Bidder, and will ask approval of the sale of the
Acquired Assets to the Successful Bidder at the sale hearing.

     e. Bid Increments: $5,000

     f. Sale Hearing: Oct. 18, 2019, at 9:30 a.m.

Whichever of the Successful Bidder and Back-Up Bidder actually
completes the purchase ofthe Acquired Assets, will have 30 days
following the Closing to notify the Debtor or 321 Capital Partners
of any executory contracts such purchaser wishes to assume in
connection with the purchase, and all actions reasonably necessary
to assume and assign said contracts pursuant to Section 365 of the
Code will be taken.

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

     http://bankrupt.com/misc/Butler_Specialties_139_Order.pdf  
  
                     About Butler Specialties

Founded in 1981, Butler Specialties, Inc. --
https://www.butlerbuilt.net/ -- is a manufacturer of motorsports
car seats.  Located in Concord, N.C., Butler also offers safety
products for the motorsports industry and is a dealer for Arai
Helmets, Hooker Harness seat belts and NecksGen Head and Neck
Restraints.  

Butler Specialties sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D.N.C. Case No. 19-50417) on April 23,
2019.  At the time of the filing, the Debtor disclosed $1,180,685
in assets and $3,821,628 in liabilities.  The case is assigned to
Judge Lena M. James.  

Nardone Law, PLLC, is the Debtor's bankruptcy counsel.  Three
Twenty-One  Capital Partners, LLC, is the investment banker.



C & F STURM: Case Summary & 4 Unsecured Creditors
-------------------------------------------------
Debtor: C & F Sturm, LLC
        439 N. Sierra Bonita Avenue
        Los Angeles, CA 90036

Business Description: C & F Sturm LLC classifies its business
                      as Single Asset Real Estate (as defined in
                      11 U.S.C. Single 101(51B)).  The Company
                      is the 100% owner of property lots 511 & 515
                      Las Vegas Blvd, Las Vegas, Nevada having an
                      appraised value of $1.50 million.

Chapter 11 Petition Date: October 1, 2019

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Case No.: 19-21593

Judge: Hon. Ernest M. Robles

Debtor's Counsel: Stella A. Havkin, Esq.
                  HAVKIN & SHRAGO ATTORNEYS AT LAW
                  5950 Canoga Avenue, Ste 400
                  Woodland Hills, CA 91367
                  Tel: 818-999-1568
                  Fax: 818-305-6040
                  E-mail: stella@havkinandshrago.com

Total Assets: $1,500,500

Total Liabilities: $126,488

The petition was signed by Christina M. De Musee, manager.

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

         http://bankrupt.com/misc/cacb19-21593.pdf


CALPINE CORP: Moody's Alters Outlook on Ba3 CFR to Stable
---------------------------------------------------------
Moody's Investors Service revised Calpine Corporation's outlook to
stable from negative and affirmed all of its ratings, including its
Ba3 Corporate Family Rating, Ba2 senior secured rating and B2
senior unsecured rating.

Affirmations:

Issuer: Calpine Corporation

  Corporate Family Rating, Affirmed Ba3

  Probability of Default Rating, Affirmed Ba3-PD

  Senior Secured Bank Credit Facility, Affirmed
  Ba2 (LGD3)

  Senior Secured Regular Bond/Debenture, Affirmed
  Ba2 (LGD3)

  Senior Unsecured Regular Bond/Debenture, Affirmed
  B2 (LGD5)

Issuer: Calpine Construction Finance Company, L.P.

  Senior Secured Bank Credit Facility, Affirmed
  Ba2 (LGD3)

Outlook Actions:

Issuer: Calpine Corporation

  Outlook, Changed To Stable From Negative

Issuer: Calpine Construction Finance Company, L.P.

  Outlook, Changed To Stable From Negative

RATINGS RATIONALE

"We stabilized Calpine's outlook because the company is benefiting
from improved market conditions in Texas and California," said Toby
Shea VP -- Sr. Credit Officer. Additional cash flows from these
market improvements will raise Calpine's cash flow to debt ratio to
14%" added Shea. This will offset the risk of a contract rejection
by its bankrupt counterparty, Pacific Gas & Electric Company
(PG&E), which we think has been reduced since PG&E's recent filing
of its restructuring plan, and the soft wholesale market conditions
that exist today in PJM."

Calpine's fundamental credit profile continues to reflect the
inherent volatility exhibited by its large and geographically
diversified merchant power generation portfolio and is leveraged
with a run rate debt to EBITDA of about 5x and a CFO pre-WC to debt
ratio of about 14% this year.

Calpine owns mainly high-efficiency gas-fired power plants in the
three major unregulated markets of the US -- PJM (Mid-Atlantic
region), Texas, and California. Although having mostly gas plants
creates fuel concentration risk, Moody's considers these
high-efficiency gas plants to be economically attractive in the
current gas price environment because their production cost is
below that of coal and nuclear power plants.

Due to the improved commodity market conditions in Texas and
California, Calpine's CFO pre-WC to debt has risen to 13% for the
last twelve months ending 30 June 2019, from 11% in 2018 and 8% in
2017 and 2016. According to the current forward prices, Calpine
should generate a CFO pre-WC to debt of 14% over the 2019 to 2021
period.

Its base case assumption is that PG&E will not reject Calpine's
power purchase agreements, supported by its recent Plan of
Reorganization filing, but even if it did, the additional cash
flows from the market improvements should be enough to allow
Calpine to withstand the negative cash flow impacts of a contract
rejection scenario.

Liquidity analysis

Calpine's speculative grade liquidity rating is unchanged at SGL-1.
The company continues to possess very good liquidity, with $297
million of unrestricted cash on hand as of June 30, 2019 and about
$1.36 billion of unused capacity on its corporate revolving credit
facilities.

Calpine's next upcoming debt maturity is $750 million of senior
secured notes due in January 2022 which it plans to pay off in
2019. The closest maturity after that is $1.25 billion senior
unsecured notes due in January 2023. Calpine's debt covenants
include an interest coverage ratio that must be above 1.5x and a
Debt to EBITDA ratio that cannot exceed 7.0x. As of 30 June 2019,
the company was well in compliance with all of its covenants.

The company generated over $1.0 billion of free cash flow as of 30
June 2019 on a rolling twelve-month basis and is forecast to
generate over $1 billion of free cash flow on a run-rate basis.

Rating outlook

Calpine's stable outlook reflects its expectation that the improved
commodity environment will be sustained over at least the next
twelve to eighteen months. Moreover, Moody's believes that, with
all else being equal, Calpine's cash flows are strong enough to
withstand any disruptions caused by PG&E's bankruptcy, should it
occur, and private equity owner ECP's value extraction activities.

Factors that could lead to an upgrade

Moody's could take a positive rating action should the company's
CFO pre-WC to debt reach or exceed 15% on a sustained basis.
However, Moody's does not believe an upgrade to be likely because
Energy Capital Partners favors the use of debt leverage. Although
it has not thus far been overly aggressive, high debt levels will
continue to constrain the rating.

Factors that could lead to a downgrade

Moody's would likely take a negative rating action should the
company's CFO pre-W/C to debt fall below 11% on a sustained basis,
its business risk deteriorates significantly due to market
downturns, there are material divestitures that reduce scale and
diversity, or if there are substantial distributions to ECP that
adversely affects credit quality.

Corporate Profile

Headquartered in Houston, Texas, Calpine is a major U.S.
independent power company that operates 77 power plants, with
capacity of approximately 25.9 gigawatts (GW) of electricity in
U.S. and Canada. Calpine's generation portfolio is dominated by
gas-fired plants except for 725 MW of geothermal capacity in
California.

Calpine Corporation is owned by a consortium of investors that is
led by ECP and includes Access Industries and the Canada Pension
Plan Investment Board. ECP is a private equity firm focused on
investing in North America's energy infrastructure.

The principal methodology used in these ratings was Unregulated
Utilities and Unregulated Power Companies published in May 2017.


CF INDUSTRIES: Egan-Jones Hikes Senior Unsecured Ratings to BB+
---------------------------------------------------------------
Egan-Jones Ratings Company, on September 25, 2019, upgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by CF Industries Holdings Incorporated to BB+ from BB.

CF Industries Holdings, Inc. is a North American manufacturer and
distributor of agricultural fertilizers, based in Deerfield,
Illinois, a suburb of Chicago. It was founded in 1946 as the
Central Farmers Fertilizer Company.


CGI GAJU: Exclusivity Period Extended Until Oct. 18
---------------------------------------------------
Judge Sandra Klein of the U.S. Bankruptcy Court for the Central
District of California extended the period during which only CGI
Gaju LLC can file a Chapter 11 plan to Oct. 18.  

The company can solicit acceptances for the plan until Dec. 16,
according to the bankruptcy judge's order.

                      About CGI Gaju LLC and Affiliates

CGI Gaju LLC and CGI Paramount LLC are privately held companies in
Los Angeles, California. The Debtors have filed voluntary petitions
seeking relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Cal. Case Nos. 19-15879 and 19-15881) on May 20, 2019.  The
petitions were signed by Dong Y. Lee, managing member.

The Debtors are represented by Levene, Neale, Bender, Yoo & Brill
LLP.

The Hon. Sandra R. Klein is the case judge.

At the time of filing, CGI Gaju disclosed $285,457 in assets and
$1,044,248 in debts, while CGI Paramount disclosed $514,153 in
assets and $1,393,507 in debts.


CGI PARAMOUNT: Exclusivity Period Extended Until Oct. 18
--------------------------------------------------------
Judge Sandra Klein of the U.S. Bankruptcy Court for the Central
District of California extended the period during which only CGI
Paramount LLC can file a Chapter 11 plan to Oct. 18.  

The company can solicit acceptances for the plan until Dec. 16,
according to the bankruptcy judge's order.

                      About CGI Gaju LLC and Affiliates

CGI Gaju LLC and CGI Paramount LLC are privately held companies in
Los Angeles, California. The Debtors have filed voluntary petitions
seeking relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Cal. Case Nos. 19-15879 and 19-15881) on May 20, 2019.  The
petitions were signed by Dong Y. Lee, managing member.

The Debtors are represented by LEVENE, NEALE, BENDER, YOO & BRILL
LLP.

The Hon. Sandra R. Klein is the case judge.

At the time of filing, CGI Gaju disclosed $285,457 in assets and
$1,044,248 in debts, while CGI Paramount disclosed $514,153 in
assets and $1,393,507 in debts.



CLARE OAKS: Exclusivity Period Extended Until Feb. 6
----------------------------------------------------
Judge Pamela Hollis of the U.S. Bankruptcy Court for the Northern
District of Illinois extended the period during which only Clare
Oaks can file a Chapter 11 plan to Feb. 6, 2020, and the period to
solicit acceptances for the plan to April 6, 2020.

Consistent with its fiduciary duty, Clare Oaks will use the
extended exclusivity period to continue to negotiate with all
stakeholders with the goal of maximizing value for all
stakeholders.  Because its Chapter 11 case is in its early stage,
the company believes there exist certain contingencies in its sale
process that could have a significant impact on the terms of any
plan it will propose.

Clare Oaks said it has made significant progress in negotiating
with its creditors and administering the case, including obtaining
a court order, which approved the bid process governing the sale of
its assets.  Currently, the company is negotiating an asset
purchase agreement with the stalking horse bidder and is soliciting
inputs from bondholders and the unsecured creditors' committee.  It
continues to engage with other potentially interested bidders in
the hopes of encouraging a competitive bid process and an auction.
A sale hearing is set to be held in late November.

                         About Clare Oaks

Clare Oaks -- https://www.clareoaks.com/ -- is a not-for-profit
corporation that operates a continuing care retirement community.
Its facilities and services include independent living, assisted
living, skilled nursing, rehabilitation, and memory care services.
The Debtor previously sought bankruptcy protection on Dec. 5, 2011
(Bankr. N.D. Ill. Case No. 11-48903).

Clare Oaks sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ill. Case No. 19-16708) on June 11, 2019.  At the
time of the filing, the Debtor estimated assets of between $10
million and $50 million and liabilities of between $100 million and
$500 million.  

The case is assigned to Judge Donald R. Cassling.

The Debtor tapped Polsinelli PC as legal counsel; Solic Capital
Advisors LLC as financial advisor; and Stretto LLC as claims and
balloting agent and as administrative advisor.

The Office of the U.S. Trustee on June 28, 2019, appointed seven
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Clare Oaks.  Notices of appearance were
filed by David J. Gold, Esq., Yasamin N. Oloomi, Esq., and Eric E.
Walker, Esq., at Perkins Coie, in Chicago, Illinois, on behalf of
the Creditors' Committee.

The Office of the U.S. Trustee on July 9, 2019, appointed Wendell
Webb, an unsecured creditor of Clare Oaks, as new member of the
official committee of unsecured creditors in the company's Chapter
11 case.  Meanwhile, Harold Koenen, who was appointed on June 28,
resigned from the committee, according to court filings.



CLEAR CHANNEL: Fitch Withdraws B- LT IDR for Commercial Reasons
---------------------------------------------------------------
Fitch Ratings affirmed and withdrawn the ratings for Clear Channel
Outdoor Holdings, and its operating subsidiaries, Clear Channel
Worldwide Holdings and Clear Channel International B.V., including
the Long-Term Issuer Default Ratings at 'B-'. The Rating Outlook is
Stable. Fitch is withdrawing Clear Channel's ratings for commercial
reasons. Fitch reserves the right in its sole discretion to
withdraw or maintain any rating at any time for any reason it deems
sufficient.

The ratings were withdrawn for commercial purposes.

KEY RATING DRIVERS

Fitch views positively the company's proactive efforts to manage
the balance sheet and improve the company's financial profile as it
operates as a standalone company. The 'B-' ratings reflect Clear
Channel's still high leverage and weaker financial metrics as
compared with peers. The ratings also incorporate Fitch's positive
view of the out-of-home (OOH) subsector, its relative insulation
from the secular headwinds affecting other traditional media
categories and Clear Channel's dominant position as the second
largest owner of outdoor advertising assets on a global basis.

Strong Asset Portfolio: Clear Channel benefits from its strong
market position with owned and operated display structures in 44 of
the 50 largest markets in the U.S., including all of the 20 largest
markets. Clear Channel also has more than 450,000 displays across
31 countries in international territories and is the second largest
outdoor advertising player based on revenues behind J.C. Decaux.
Operations are generally concentrated in metro areas with dense
populations. Clear Channel generated revenues and EBITDA of $2.7
billion and $588 million, respectively, for the LTM period ended
June 30, 2019.

Effective Advertising Medium: The long-term stability of the
outdoor business and relative immunity to secular challenges facing
other traditional advertising media position outdoor advertising to
be an attractive medium for advertisers. Fitch is optimistic about
the outdoor industry, given the low price point, captive audience
and government regulation of inventory as a barrier to entry.

Meaningful Barriers to Entry: Clear Channel faces limited
competition in its U.S. markets as a result of billboard
regulation. Federal law regulates billboards along interstates and
other federal roadways and requires states to maintain control over
billboards' size, lighting and spacing. This regulation could
hinder the construction of new billboards and control the number of
digital billboards. Regulation in international markets varies by
territory but provides limitations on the quantity and placement of
outdoor displays. Fitch believes the regulation reinforces the
value of Clear Channel's outdoor displays.

Digital Boards Offers Growth: Americas Outdoor has 79,000 displays
(over 1,400 digital or just 2% of total) weighted toward billboards
displays (72%). While digital inventory is a small proportion of
the total, it accounted for 30% of aggregate Americas Outdoor
revenues in fiscal 2018. The International Outdoor segment has
380,000 displays (over 13,500 digital or 4% of total) weighted
toward street furniture (52%). Digital displays offer targeted
advertising capabilities and the ability to display multiple ads
per location. As such, Fitch expects digital board conversion to
provide incremental opportunities for top-line and EBITDA
expansion. However, Clear Channel's digital board conversion is
constrained by regulations. This creates some lumpiness to the
business as Clear Channel takes advantage of opportunities for
digital build as they become available.

Still High Debt Burden: Management remains focused on strengthening
the company's financial profile as the company now operates as a
standalone entity following the separation from iHeart. Clear
Channel announced an equity issuance on July 25 (100 million shares
at $3.50 per share). The anticipated net proceeds of the offering
and balance sheet cash will be used to redeem roughly $333.5
million of aggregate CCWW 9.25% senior subordinated notes due 2024.
Fitch estimates that pro forma leverage will approximate 8.8x down
from 9.0x for the LTM period ending June 30, 2019, adjusting for
the planned debt reduction. The repayment will also reduce annual
cash interest expense by approximately $30 million. Notably,
underwriters have a 30-day option to purchase up to an additional
15 million shares, which could provide for an added $50 million in
proceeds to redeem the CCWW subordinated notes.

Additionally, Clear Channel also commenced a refinancing of all of
the outstanding senior unsecured notes at the CCWW and CCIBV
subsidiaries in August 2019. While the refinancing is leverage
neutral, Fitch estimates an incremental annual cash interest
savings from the anticipated lower average cost of the new secured
debt. Fitch expects that lower cash interest payments will bolster
FCF generation, returning the company to positive FCF in fiscal
2020. However, the aggregate debt burden remains high.

Improved Liquidity: Clear Channel had balance sheet cash of $372.5
million and $44.3 million in availability under its
receivables-based revolving credit facility as of June 30, 2019.
Clear Channel's liquidity will benefit from the new $200 million
senior secured revolver. Pro forma for the refinancing
transactions, Clear Channel has just modest annual amortization for
the term loan B (1% or $20 million per year). The next large
maturity comes when the $1.9 billion of 9.25% senior subordinated
notes mature in 2024.

Cyclical Revenues: Nearly all revenues are advertising, subjecting
Clear Channel's operating performance to cyclicality and
seasonality. Fitch expects the outdoor industry to continue
tracking the overall macroeconomic environment, given the largely
discretionary nature of advertising spend. The industry declined
15.6% in 2009, but grew 4.1% in 2010 and 4.0% in 2011.

DERIVATION SUMMARY

Clear Channel's ratings consider the company's strong portfolio of
outdoor display assets in the U.S. and international territories
and Fitch's favorable view of the outdoor advertising subsector,
which remains insulated from the audience fragmentation affecting
other mediums. Clear Channel has more scale than peers Lamar
Advertising Corp. and OUTFRONT Media, Inc. — more than 1.5x on a
revenue basis — but its margins lag at roughly 22%. While Clear
Channel's domestic margins compare favorably with peers, its
international margins are much lower due to the business mix —
with a concentration toward street furniture, which is a lower
margin business — and lack of sufficient international scale.
Fitch expects the international markets will remain a drag on Clear
Channel's consolidated margins. Clear Channel is also much more
highly levered, with pro forma leverage (total debt with equity
credit to EBITDA) of roughly 8.8x, relative to Lamar and OUTFRONT,
which are levered at 4.0x and 4.8x, respectively.

KEY ASSUMPTIONS

  -- Low single-digit outdoor revenue growth over the forecast
period;

  -- EBITDA margins modestly improving on cost management and
increasing penetration of digital boards;

  -- Annual capex of $215 million-$225 million — roughly 8% of
revenues;

  -- FCF turns positive in fiscal 2020 due to planned debt
repayment and lower annual cash interest payments from recent
refinancing, as well as improving EBITDA generation;

  -- No sizable near-term debt amortization (new term loan
amortizes at 1% per year);

  -- Fitch-calculated leverage approaches 8.0x by fiscal 2021.

CCOH and CCWW Recovery Considerations

  -- The CCOH and CCWW Recovery Ratings reflect Fitch's
expectations that the enterprise value of the company and hence
recovery rate for its creditors will be maximized in a
restructuring scenario as a going concern rather than liquidation.
Fitch assumes a 10% administrative claim.

  -- Fitch estimates an adjusted distressed enterprise valuation
for CCOH of $3.3 billion using a 7.0x multiple and $531 million in
going-concern EBITDA. CCOH's going-concern EBITDA is based on LTM
EBITDA of roughly $588 million. Fitch stresses EBITDA by assuming
that an economic downturn results in a cyclical decline in
advertising revenues, which negatively affects outdoor advertising
revenues. Given the high fixed costs, EBITDA declines by a greater
degree than revenues.

  -- The 7.0x multiple is higher than the median TMT emergence
enterprise value/EBITDA multiple of 5.5x, reflecting CCOH's leading
position in the outdoor advertising subsector, with a weighting of
outdoor assets in attractive large markets and urban areas. CCOH
has owned and operated display structures in most of the top 50
U.S. markets, including all of the top 20. It also incorporates
Fitch's positive view of the outdoor advertising sector, given the
meaningful barriers to entry posed by billboard regulation, its
captive audience and relative immunity to the secular challenges
facing other traditional media sectors. Fitch also expects
investment and conversion to digital displays present an
opportunity for top-line growth and margin expansion. The 7x
multiple incorporates current public market trading multiples in
the 15.0x-17.0x range. Fitch also estimates that iHeart sold
domestic noncore outdoor assets for a multiple of roughly 12.5x in
2016.

  -- Fitch assumes a 70% draw of the $125 million receivables-based
credit (ABL) facility and a full draw of the proposed $200 million
senior secured revolving credit facility. CCOH has a $2.0 billion
senior secured term loan and $1.25 billion secured notes following
the August 2019 refinancing. CCOH also has $1.9 billion of 9.25%
senior subordinated notes outstanding, following the $333.5 million
debt repayment. These notes have 'stepped up' to become senior
unsecured obligations following the refinancing transaction, as the
CCWW senior notes have been repaid and replaced with secured debt
in the capital structure.

  -- The new secured debt benefits from a first lien pledge of 100%
of the equity of each restricted wholly owned domestic subsidiary
(and 65% equity of the first-tier foreign subsidiaries) and a first
lien security interest in substantially all personal property that
is not ABL collateral. It also has a second priority interest in
all ABL collateral.

  -- The recovery analysis results in a 'BB-'/'RR1' issue and
recovery rating for the CCOH secured debt, implying expectations
for 91%-100% recovery. The recovery analysis results in a
'CCC'/'RR6' issue and recovery rating for the CCWW senior unsecured
notes, reflecting Fitch's expectations of limited recovery
prospects given the preponderance of more senior debt in the
capital structure. Fitch does not rate the ABL facility.

RATING SENSITIVITIES

Rating Sensitivities are no longer relevant given the rating
withdrawals.

LIQUIDITY AND DEBT STRUCTURE

Improved Liquidity: Clear Channel had balance sheet cash of $372.5
million as of June 30, 2019. Fitch views Clear Channel's August
2019 refinancing activities positively as it improved liquidity and
extended all near-term maturities. Pro forma for the refinancing,
Clear Channel's new term loan B will have just modest annual
mandatory amortization (1% per year or $20 million). Clear Channel
also repaid $335 million of the CCWW 9.25% senior unsecured notes
in July 2019. The remaining $1.9 billion of CCWW notes come due in
2024.

Clear Channel will benefit from the additional capacity provided by
the $200 million senior secured revolver. The company also
refinanced and extended the maturity on the $125 million
asset-based (receivables) facility to 2024.

Clear Channel had FCF deficits (excluding dividends) of $59 million
for the LTM period ended June 30, 2019. Fitch expects Clear Channel
will return to positive FCF generation in fiscal 2020 owing to
annual cash interest savings from the debt repayment and
refinancing, as well as anticipated revenue and EBITDA expansion.


CLEARWATER TRANSPORTATION: $1.2M Sale of Austin Assets Okayed
-------------------------------------------------------------
Judge Craig A. Gargotta of U.S. Bankruptcy Court for the Western
District of Texas authorized Clearwater Transportation, Ltd. (i) to
sell and transfer to The Hertz Corp. or its assignee of its assets
in Austin, Texas, including its rental car operations at the Austin
Bergstrom International Airport, for an aggregate purchase price of
$1,199,468; and (ii) to assume and assign the following concession
agreements, under which the Debtor operates at ABIA: (i) its Dollar
Rent a Car Concession Agreement, dated Feb. 20, 2013, with the
City, (ii) its Thrifty Rent-a-Car Concession Agreement, dated Feb.
20, 2013, with the City, (iii) its Dollar Rent a Car Consolidated
Rental Car Facility Sublease Agreement, dated Feb. 20, 2013, as
amended from time to time, with the Austin ConRac, LLC and (iv) its
Thrifty Rent-a-Car Consolidated Rental Car Facility Sublease
Agreement, dated Feb. 20, 2013, as amended from time to time,
between Debtor and the Conrac.

Pursuant to the Parties global and integrated Sale and Transfer
Transaction, the Debtor, the City and the Conrac will undertake the
following transactions and make these payments:  

     (a)  Upon payment by Hertz of the Cure Amounts to the City and
the Conrac, including the Conrac's actual pecuniary loss claim, and
the payment to the Texas State Comptroller, the City and the Conrac
will consider Debtor in "Good Standing" for purposes of the
Concession Agreements and Subleases such that Debtor will be
entitled to the reimbursement of the Debtor's Rent and O&M Costs
for Sublease Agreement Year October 2017 to September 2018, and
for the Sublease Agreement Year October 2018 to September 2019
(which will not close until November 2019 and the amounts will be
determined at or after that time period).  The Conrac and the City
will thereafter take the actions provided for and required in the
Concession Agreements, the Master Lease between the City and the
Conrac, and the Subleases to obtain funds from the Bond Trustee for
such Sublease Reimbursements.  Upon receipt of the Sublease
Reimbursements from the Bond Trustee, the Conrac will ACH such
funds to the City for application to the City's claim against
Debtor for the 5% Motor Vehicle Rental Tax owed by Debtor to the
City pursuant to the City Ordinance related to the Town Lake
Project Bonds; and

     (b) Once Buyer has posted its Letters of Credit with the City
as beneficiary to secure the obligations under the Concession
Agreements, the City will release the Frost Bank Letters of Credit
posted by Debtor to secure its obligations under the Concession
Agreements and thereafter Debtor and the City will take the actions
necessary to have such Letters of Credit cancelled.  Once the
Letters of Credit are cancelled, Frost Bank may apply a portion of
the Debtor's funds that had been held to secure the payment of such
Letters of Credit to any obligations of Frost agreed to by Debtor
or ordered by the Court, and Debtor will instruct Frost to transfer
the remaining balance of such funds as follows: (i) $10,000 to the
Debtor; (ii) the amount due to the City to pay any Service Center
Lease obligations for October, November and/or December 2019, as
applicable; (iii) payment to the City of $43,068 for February
obligations under the Concession Agreements and Service Center
Lease and certain other obligations to the City under the
Concession Agreements; and (iv) the balance of the remaining funds
to the City for application to the City's 5% Motor Vehicle Tax
Claim.

Per the APA, the Debtor's License Agreements with Hertz will be
terminated at the time of Closing and such terminations are
approved.

The Debtor is authorized to keep its Rental Car Service Area Lease
Agreement with the City of Austin in effect for up to three months
after Closing (i.e., through Dec. 31, 2019) so it may liquidate its
rental fleet vehicles.  The City will bill the Debtor and the
monthly lease payments will be made from the funds on deposit at
Frost as reflected.  Once Debtor vacates the Service Center Lease
premises, Debtor will advise the City and the Service Center Lease
will be terminated.  The Debtor will give the City at least 10 days
notice of the date it will vacate the Service Center Lease
premises.

The Debtor is authorized to provide general releases to Hertz and
its affiliates, including avoidance actions, as provided in the
APA.   It is also authorized to provide to the City and the Conrac
general releases, including the release of any avoidance actions.
Such releases are hereby approved as appropriate upon the Closing
of the Sale and Transfer Transaction.

The sale is free and clear of any and all Claims and Interests,
subject only to the Assumed Liabilities.  Any and all Claims and
Interests against the Assets will attach to the funds received by
the Debtor from Hertz.

The Debtor will hold such funds in its Tax Account and, as soon as
practical within 30 days from Closing, (and before any filing to
convert or dismiss the Chapter 11 case) , disburse such funds to
Travis County, unless within 21 days of the entry date of the
Order, a party-in-interest files an objection with the Court to
such disbursement.  In the event of an objection, the Court will
determine the disposition of such funds in a further order of the
Court.

Pursuant to Sections 105(a) and 365 of the Bankruptcy Code, and
subject to and conditioned upon the closing of the Sale, the
Debtor's assumption and assignment to the Buyer, and the Buyer's
assumption on the terms set forth in the Agreement, of the Assigned
Contracts is approved.

As agreed by the City and the Conrac, the breakdown of the total
Cure Amounts due to be paid by Hertz is as follows:

     a. To the City the total amount of $456,989, which includes
repayment of all of  the CFC's owed by Dollar of  $143,119 and by
Thrifty of $152,526;

     b. To the Conrac: $255,556, including $50,000 in attorney's
fees as actual pecuniary loss; and

     c. To the Texas Comptroller of Public Accounts: $230,923.

As adequate assurance of future performance, the Buyer will deliver
two Letters of Credit (one under the Dollar Concession Agreement
and one under the Thrifty Concession Agreement) to the City with
the City as beneficiary in amounts equal to the Letters of Credit
currently in place from the Debtor (or in such other amounts as
required by the Concession Agreements and agreed to by Buyer and
the City), with such  Letters of Credit delivered at Closing or as
soon as reasonably practicable thereafter (but in no event later
than Oct. 19, 2019).  Once those Buyer Letters of Credit are
posted, the City and Debtor will take the actions referenced
earlier in the Order to release and cancel Debtor's existing
Letters of Credit so the funds held at Frost to secure such Letter
of Credit can be disbursed as provided in the Order.  

The payments to be made by the Conrac to the City in connection
with the City's 5% Motor Vehicle Tax Claim related to the Town Lake
Project Bonds from the Sublease Reimbursements due the Debtor and
the payments to the City for such 5% Motor Vehicle Tax Claim by
Debtor from the funds held at Frost related to the Letters of
Credit are also necessary cure costs in connection with the
assumption and assignment of the Assigned Contracts and those
payments are fully authorized.

The Buyer shall, at the time of Closing, as provided in the APA and
as part of the Sale and Transfer Transaction, make cash payments in
the amounts of: (a)  $180,000 to the Debtor's counsel, Dykema
Gossett PLLC, for the Debtor's counsel's legal fees and expenses as
administrative costs in connection with the Case as part of the
Parties global and integrated compromise, settlement,
implementation and release agreements so that the Sale and Transfer
Transaction can be closed, implemented and effectuated.  The
Debtor's counsel will hold such funds as a "carve out" retainer
pending final approval of its fees in the Case.  If the Debtor's
counsel's unpaid fees for the Case do not exceed $180,000, the
Debtor's counsel will refund the excess balance to the Estate for
distribution to creditors; and (b) $20,000 to Debtor for ongoing
and future use to pay administrative expenses of the Estate so that
the Debtor can satisfy obligations arising during the Case in
connection with the wind-down of its business.  

Upon closing, the Debtor will pay $25,000 to the United States
Trustee for quarterly fees payable, using the $20,000 received from
Hertz (which is earmarked for that purpose) plus $5,000 in other
cash of the Estate.  If the Debtor does not have sufficient funds
available, Dykema will pay $5,000 from the "carve out retainer"
payment to the Debtor so the latter may pay the $25,000 to the
United States Trustee for quarterly fees.

As of the date of the Order, the Debtor's and Hertz's termination
of the License Documents per the APA and Ancillary Documents is
approved, and the Debtor's License Documents will be deemed
terminated on the Closing Date to reflect that the Debtor has
ceased operating at ABIA.

For the sake of clarity, under the APA and with respect to the
transactions approved by the Order, the Debtor is not transferring
to Hertz any of its leased or financed vehicles, nor is Debtor
assigning or transferring to Hertz any rights, privileges,
obligations, duties, or any other contractual benefits or burdens
under its vehicle fleet leases and related agreements or its
vehicle fleet financing agreements and related agreements.

All time periods set forth in the Order will be calculated in
accordance with Bankruptcy Rule 9006(a).

The Order will take effect immediately and will not be stayed
pursuant to Bankruptcy Rules 6004(g), 6004(h), 6006(d), 7062, 9014,
or otherwise.  The Debtor and the Buyer are authorized to close the
Sale immediately upon entry of the Order.

                About Clearwater Transportation

Clearwater Transportation, Ltd., a company in San Antonio, Texas,
that provides car rental services, sought protection under Chapter
11 of the Bankruptcy Code (Bankr. W.D. Tex. Case No. 19-50292) on
Feb. 7, 2019.  At the time of the filing, the Debtor estimated
assets of $1 million to $10 million and liabilities of the same
range.  The case is assigned to Judge Craig A. Gargotta.  Dykema
Gossett PLLC is the Debtor's legal counsel.


COSTA HOLLYWOOD: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Costa Hollywood Property Owner, LLC
           d/b/a Costa Hollywood Beach Resort
        777 North Ocean Drive
        Hollywood, FL 33019

Business Description: Costa Hollywood Property Owner, LLC --
                      -- https://www.costahollywoodresort.com/ -
                      is a privately held company in the traveler
                      accommodation industry.  The Company owns
                      and operates Costa Hollywood Beach Resort,
                      a resort hotel in Hollywood Beach, Florida.
                      Costa Hollywood Beach Resort offers rooms
                      and suites featuring an elevated design
                      aesthetic and luxe decor.

Chapter 11 Petition Date: September 19, 2019

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

Case No.: 19-22483

Judge: Hon. Raymond B. Ray

Debtor's Counsel: Peter D. Russin, Esq.
                  MELAND RUSSIN & BUDWICK, P.A.
                  200 S. Biscayne Blvd. #3200
                  Miami, FL 33131
                  Tel: (305) 358-6363
                  Fax: (305) 358-1221
                  E-mail: prussin@melandrussin.com

Estimated Assets: $50 million to $100 million

Estimated Liabilities: $50 million to $100 million

The petition was signed by Moses Bensusan, manager and sole
member.

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

        http://bankrupt.com/misc/flsb19-22483.pdf

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Centrada Solutions, LLC            Trade Debt           $68,168
5010 Riverside Drive, # 300
Irving, TX 75039

2. Cielo Restaurant LLC               Trade Debt           $95,301
   
777 N Ocean Dr # SF
Hollywood, FL 33019

3. D-Essentials Inc.               Interior Design         $92,417
218 S Dixie Hwy
Hallandale, FL 33009

4. FA Development                      Contract           $771,000
and Real Estate
343 Commercial
Street #212
Boston, MA 02109

5. General Caulking                   Trade Debt           $70,435
And Coatings Co., Inc.             
101 NW 176 St
Mami, FL 33169

6. Gustavo Carlos                      Contract           $260,000
Lescovich Ramos                    (did not close)
Parada 6 de la Brava
Edif Icon Bravia
Depto #707
Punta del Este
Uruguay

7. Hyvac, Inc.                        Trade Debt          $378,510
312 S Military Trail
Deerfield Beach, FL 33442

8. Italkraft LLC                      Trade Debt           $82,750
2900 NW 77 Ct
Doral, FL 33122

9. JM Plastering, Inc.                Trade Debt          $149,493
16333 NW 84 Ave
Hialeah, FL 33015

10. La Cuisine Intl                   Trade Debt           $64,372
Distributors, Inc.
2005 NW 115 Ave
Miami, FL 33172

11. Mr Glass Doors &                  Trade Debt          $422,063
Windows Inc.
8120 NW 84 St
Miami, FL 33166

12. National Fire                     Trade Debt          $119,816
Protection, LLC
3125 W Commercial Blvd, # 200
Ft Lauderdale, FL 33309

13. National Service                 Construction         $168,418
Group & Associates, Inc                Cleaning
2890 West State Road 84, Ste 116
Fort Lauderdale, FL 33312

14. Pablo Haeffner &                   Contract           $227,500
Rita Cassia DaSilva                 (did not close)
c/o Alexander M. Turner, Esq.
Law Offices of Alexander M.
Turner, P.A.
317 Seventy First St
Miami Beach, FL 33141

15. Poma Construction Corp.           Trade Debt          $186,248
2049 SW Poma Dr Bldg#1
Palm City, FL 34990

16. Renacer LLC                        Contract           $401,250
444 Brickell Ave, Suite 828         (did not close)
Miami, FL 33131

17. Ruben Eduardo                      Contract           $312,000
Reyes Herrera                       (did not close)
c/o Thomas R. Shahady Shahady &
Wurtenberger, P.A.
7900 Peters Rd, Ste B-200
Fort Lauderdale, FL 33324

18. SOS Security LLC                   Security            $77,896
PO Box 6373
Parsippany, NJ 07054

19. Stones Unlimited, LLC             Trade Debt           $72,299
2114 SW 60 Way
Miramar, FL 33023

20. Unlimited Electrical              Trade Debt          $673,023
Contractors
3500 Park Central Blvd N
Pompano Beach, FL 33064


DANICA ASSOCIATES: $15K Sale of Subway Store Equipment Okayed
-------------------------------------------------------------
Judge Mindy A. Mora of the U.S. Bankruptcy Court for the Southern
District of Florida authorized Danica Associates, LLC's sale of all
equipment used or useable in the operation of its franchised Subway
Store, Store No. 23173, located at 8252 Jog Road, Boynton Beach,
Florida, to Nexus Mainstream, LLC for $15,000.

The proceeds from the sale will be paid 90% to secured creditor
Valley National Bank in full satisfaction of Valley National Bank's
pre- and post-petition secured claims as to Store 23173 only and
property located within, with the balance of the proceeds to be
paid to the Debtor.

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

                    About Danica Associates

Danica Associates, LLC, filed a Chapter 11 petition (Bankr. S.D.
Fla. Case No. 18-12476) on March 2, 2018.  In the petition signed
by Rite K. Weller, managing member, the Debtor estimated at least
$50,000 in assets and $100,000 to $500,000 million in liabilities.
The case is assigned to Judge Paul G. Hyman, Jr.  The Debtor is
represented by David Lloyd Merrill, Esq., at Merrill PA.



DEAN FOODS: Egan-Jones Lowers Senior Unsecured Ratings to CCC
-------------------------------------------------------------
Egan-Jones Ratings Company, on September 26, 2019, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Dean Foods Company to CCC from B. EJR also
downgraded the rating on commercial paper issued by the Company to
C from B.

Dean Foods Company is an American food and Beverage Company and the
largest dairy company in the United States. Headquartered in
Dallas, Texas, the company maintains plants and distributors in the
United States.


DIGITAL REALTY: Fitch Gives BB+ Rating to Series L Preferred Stock
------------------------------------------------------------------
Fitch Ratings assigned a 'BB+' rating to the Series L cumulative
redeemable preferred stock to be issued by Digital Realty Trust,
Inc. The Rating Outlook is Stable.

DLR's credit strengths include a global platform, granular tenant
base, good access to multiple forms of capital, strong liquidity,
conservative capital-raising strategy and strong management. These
credit positives are balanced by a less established record in the
commercial real estate market, more limited access to the liquid
investment market and less leveragability relative to other
commercial property asset classes.

KEY RATING DRIVERS

Leverage To Stabilize: Fitch expects leverage (net debt to
recurring operating EBITDA) to revert back to a mid-5x range by FYE
2019 after closing on the JV portion of its recently announced
Mapletree transaction. Fitch expects leverage to further decline to
the low-5x range in 2020 as DLR completes the asset sale of the
Mapletree transaction in early 2020 and closes the expected $1.1
billion forward equity offering. Net debt to recurring operating
EBITDA was at 5.7x for the TTM ended June 30, 2019 and DLR's
leverage is 0.7x higher when including 50% of preferred stock as
debt for the TTM ended June 30, 2019.

Fitch expects net debt to recurring operating EBITDA to sustain
near 5.0x throughout the forecast period, consistent with the
company's historical leverage levels and current financial policy.
REIT fixed-charge coverage (recurring operating EBITDA adjusted for
straight line rents and maintenance capex relative to interest and
preferred dividends) is expected to sustain at mid to high 3x
through the projection period.

Global Platform, Diverse Product Offering: DLR's product offering
consists of turn-key flex, powered base buildings, colocation and
interconnection across its approximately 220 data centers (DC)
worldwide. Through acquisitions over the last few years, the
company diversified its product offering and became a one-stop shop
for DC needs. DLR benefits from a granular tenant roster and
average lease terms of over five years. With the Ascenty
transaction, DLR has increased its international market exposure in
one of Latin America's largest markets.

Diversified Capital Access: DLR presents strong access to both
equity and debt-capital markets. The issuer has accessed the U.S.
dollar-, euro- and U.K. pound-denominated debt capital markets with
multiple bond issuances, issued multiple series of preferred
equity, and continues to issue common equity with an at-the-market
program currently in place. DLR also entered into several JVs with
sizable domestic and foreign partners, most recently the JV with
Mapletree and the Ascenty JV with Brookfield Infrastructure. The
company has access to a range of currencies under its global
revolving credit facility and multi-currency term loans. In 2018,
DLR added a Japanese yen-denominated revolving credit facility. The
company's sterling and euro bonds function as a natural hedge given
its exposure to the U.K. and Eurozone countries.

Strong Asset Ownership: Fitch views DLR's ownership of the vast
majority of its DC portfolio as a positive, although this is offset
by what Fitch views as more limited secured mortgage capital access
versus other REIT asset groups. Fitch calculates DLR's ratio of
unencumbered assets (unencumbered NOI divided by a stressed 9%
capitalization rate) divided by unsecured debt (UA/UD) at around
1.8x at June 30, 2019. However, when including the pro-forma
proceeds from the current transaction and the expected $1.1 billion
forward equity issuance, Fitch expects UA/UD coverage to return to
around 2.0x, which is in line with other investment-grade REITs.

Limited Contingent Liquidity: DLR's ratings are constrained by what
Fitch views as limited availability of mortgage capital for DCs,
which reduces the company's sources of contingent liquidity
relative to other commercial real estate property types during
periods of potential financial stress. Fitch also believes the
asset class has limited alternative uses, which further limits
downside protection. To offset this potential downside, Fitch's
rating sensitivities maintain more conservative credit metrics
relative to other 'BBB' category REITs with commercial tenants.

Capital Intensity Limits FCF: Fitch believes the active external
investment programs of most DC operators will constrain
pre-dividend FCF generation in the next few years, limiting
positive ratings momentum. FCF, defined as cash from operations
less capex, was immaterial to negative for most leading DC
providers and Fitch does not expect near-term changes in this
dynamic, as DLR continues to spend heavily to capture market
demand. However, significant investment capital flowing into this
space brings supply/demand imbalance risks over time. DLR allocated
76%-125% of NOI toward maintenance and revenue-generating capex in
the past few years and Fitch expects a similar level in 2019-2022.
Fitch conservatively estimates maintenance capex for DC operators
is likely 10%-20% of NOI, which is above issuer-provided guidance
and consistent with the hotel and office sectors at the high end of
the commercial real estate property-type spectrum.

Secular Industry Tailwinds: Secular tailwinds continue to benefit
the U.S. DC hosting and service industry due to global internet
adoption, smartphone/mobile usage, IT outsourcing and migration
from on-premise DCs. Fitch believes demand will remain strong for
global DC services over the coming years and support DLR's revenue
growth. Customers generally enter into multi-year service contracts
and DLR has a relatively low churn rate, which should further
support cash flow stability. Fitch believes these factors provide
for a high degree of predictability in DLR's organic financial
outlook.

Cloud Risk and Opportunity: Fitch believes large, diversified
technology firms with fast-growing cloud computing operations, such
as Microsoft Corp. (AA+/Stable), Amazon.com, Inc. (A+/Positive) and
Alphabet Inc., could cause further divergence of growth and credit
profiles across the sector. DC competition is intense; pricing is
under pressure and market-share dynamics are changing.
Cloud/hyperscale providers Amazon (Amazon Web Services [AWS]),
Microsoft (Azure) and Alphabet (Google Cloud Platform) have each
scaled their business dramatically in the past few years, taking
share and transforming the way enterprises and small businesses
think about DC needs. Even though Equinix, Inc. (BBB-/Stable) and
DLR still lead as stand-alone DC providers, Fitch believes the
dominance of each has declined.

Deep Management Bench, Conservative Principles: DLR's management
team has extensive DC real estate expertise and capital markets
experience. DLR also has a track record of funding large-scale
acquisitions on a leverage-neutral basis, prefunding the equity
portion at the announcement of the transaction to minimize
capital-market execution risk, which Fitch views positively.

Preferred Stock Notching: The two-notch differential between DLR's
IDR and preferred-stock rating is consistent with Fitch's
Corporates Hybrids Treatment and Notching Criteria. The securities
are deeply subordinated and have loss-absorption elements that
would likely result in poor recoveries in the event of a corporate
default.

DERIVATION SUMMARY

Fitch's rating reflects the strong and diverse tenant profile and
the wide range of product offerings that make the company a
one-stop shop for DC needs. Despite DLR's smaller size, Fitch rates
the company higher than Equinix (BBB-/Stable) due to DLR's larger
owned unencumbered property portfolio, which enhances its
contingent liquidity and its longer remaining lease terms averaging
around five years across its portfolio versus Equinix's one- to
three-year leases that expose it to greater cash flow volatility.

The industry benefits from strong longer-term secular demand for DC
space given the expected growth in the need for backup, storage and
cloud computing, as well as overall growth in technology generally.
Fitch's ratings acknowledge meaningful competitive risk from large
technology providers such as Amazon, Microsoft and Alphabet that
have scaled their DC offerings meaningfully in recent years and
continue to capture share. Fitch believes this risk is mitigated to
a certain extent by long-term contracts in place, hybrid DC
architectures that will include both public/private cloud and
colocation, and cloud providers relying on colocation providers
such as DLR for wholesale space. However, Fitch believes it is
critical to monitor this key credit risk.

Both Equinix and DLR maintain a global footprint that enhances
connectivity and value to its tenants. Fitch's rating sensitivities
generally contemplate DLR maintaining more conservative credit
metrics relative to other 'BBB' category REITs with commercial
tenants, due to the shallower depth of private institutional equity
and secured mortgage debt capital access for DCs relative to major
REIT property types.

Fitch links and synchronizes the Issuer Default Ratings of the
parent REIT and subsidiary operating partnership due to the
entities operating as a single enterprise with strong legal and
operational ties. No country ceiling or operating environment
aspects have an impact on the rating.

KEY ASSUMPTIONS

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

  -- Relatively flat SSNOI growth in 2019, due to high
     competition and DFT portfolio expirations, with slow recovery
     in 2020-2022 driven by higher GAAP lease spreads;

  -- Ascenty transaction moves into unconsolidated JV, DLR makes
     a $150 million development contribution to the Ascenty JV
     in 2019;

  -- JV portion of the Mapletree transaction closes in late 2019,
     asset sales portion closes in early 2020;

  -- Closing of $1.1 billion forward-equity offering in 2020,
     with smaller annual issuances thereafter of $200 million
     -$300 million under ATM;

  -- Annual development/acquisition activity of around $1.3
     billion in 2019-2021. Dispositions of $100 million annually
     through the forecast with the remainder funded by net
     debt proceeds;

  -- Adjusted FFO (AFFO) payout ratio remains at around the
     60%-70% range, allowing DLR to meaningfully retain cash
     after distributions.

RATING SENSITIVITIES

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

  -- Fitch's expectation of net debt to recurring operating EBITDA
     sustaining below 5x in conjunction with increased mortgage
     lending activity in the data center sector, demonstrating
     contingent liquidity for the property type;

  -- Fitch's expectation of REIT fixed-charge coverage
     (recurring operating EBITDA adjusted for straight line
     rents and maintenance capex relative to interest and
     preferred dividends) sustaining above 3x.

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

  -- Fitch's expectation of net debt to recurring operating
     EBITDA sustaining above 6x;

  -- Fitch's expectation of REIT fixed-charge coverage (recurring
     operating EBITDA adjusted for straight line rents and
     maintenance capex relative to interest and preferred
     dividends) sustaining below 2.5x;

  -- Fitch's expectation of unencumbered asset coverage
     of unsecured debt (UA/UD), at a stressed 9% capitalization
     rate, sustaining below 2.0x;

  -- Sustained declines in rental rates and same-property net
     operating income.

LIQUIDITY AND DEBT STRUCTURE

Strong Liquidity Position: Fitch estimates DLR's sources of
liquidity (unrestricted cash, availability under its revolving
credit facilities, and retained cash flow after
dividends/distributions) to be sufficient to cover debt maturities
and committed expenditures by 2.7x through 2020 before
incorporating proceeds from this issuance. DLR has a well-laddered
maturity profile with no significant near-term maturities through
2021 and no year representing over 10% of total debt. DLR has also
retained significant amounts of capital through a below-average
AFFO payout ratio in the high-60% to low-70% range.


DONALD GARROW: $190K Sale of Charleston Property to Glas Approved
-----------------------------------------------------------------
Judge Caryl E. Delano of the U.S. Bankruptcy Court for the Middle
District of Florida authorized Donald Albert Garrow's sale of the
real property located at 2333 Tall Sail Drive, Unit J/610,
Charleston, South Carolina to Alan R. Glas and Patricia A. Glas for
$190,000.

A hearing on the Motion was held on Sept. 25, 2019, at 10:30 a.m.

The sale is free and clear of all liens and encumbrances, and the
sale conveys all interests of the Debtor and his Non-Debtor
Spouse.

The Debtor is authorized to pay all ordinary and necessary expenses
of the closing of the sale, including any outstanding unpaid real
property taxes pro-rated through closing in accordance with the
Sale Contract for a total sale price of not less than $190,000, and
the closing on said sale may proceed immediately as the Court
waives the 14-day provision for rehearing or approval provided by
Bankruptcy Rule 8002.  

The Debtor will be authorized to pay his realtor a commission not
to exceed 6% of the sale price from the proceeds of the sale in
accordance with the Order on Application for Approval of Employment
of Real Estate Broker, when entered by the Court.  Until the Order
is entered the commission will be held by the Debtor's Counsel in
its Trust Account and may be distributed upon entry of said Order.


After the payment of all associated costs of the sale as set forth,
the balance of said proceeds will be sent by wire, Cashier's check
or Escrow check to the Debtor's attorneys, Cole & Cole Law P.A. who
will establish a non-IOTA DIP account and hold said funds therein
until further order of the Court.     

Donald Albert Garrow sought Chapter 11 protection (Bankr. M.D. Fla.
Case No. 19-06933) on July 24, 2019.  The Debtor tapped Richard
John Cole, III, Esq., at Cole & Cole Law, P.A., as counsel.


EB HOLDINGS II: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: EB Holdings II, Inc.
        2777 N. Stemmons Fwy, Suite 1800
        Dallas, TX 75207

Business Description: EB Holdings II Inc. is a holding company
                      with assets consisting primarily of
                      1,078,993 ordinary shares of Eco-Bat
                      Technologies Ltd, which represent 86.811% of
                      the outstanding ordinary shares of EBT.  EBT
                      is a parent company for a group of companies
                      whose core activities are the smelting,
                      refining, manufacturing, and marketing of
                      lead and lead products, with significant
                      additional revenue streams from a diverse
                      range of other metals and products.  EBT is
                      the globally largest producer of and
                      recycler of lead.  The Company previously
                      sought bankruptcy protection on May 18, 2017
                      (Bankr. D. Nev. Case No. 17-12642).

Chapter 11 Petition Date: September 30, 2019

Court: United States Bankruptcy Court
       District of Nevada (Las Vegas)

Case No.: 19-16364

Judge: Hon. August B. Landis

Debtor's Counsel: Gregory E. Garman, Esq.
                  GARMAN TURNER GORDON LLP
                  650 White Drive, Suite 100
                  Las Vegas, NV 89119
                  Tel: (725)777-3000
                  Fax: 725-777-3112
                  E-mail: ggarman@gtg.legal

                    - and -

                  Talitha B. Gray Kozlowski, Esq.
                  GARMAN TURNER GORDON LLP
                  650 White Drive, Suite 100
                  Las Vegas, NV 89119
                  Tel: (725) 777-3000
                  E-mail: tgray@gtg.legal

                     - and -

                  Teresa M. Pilatowicz, Esq.
                  GARMAN TURNER GORDON LLP
                  650 White Drive, Suite 100
                  Las Vegas, Nevada 89119
                  Tel: (725) 777-3000
                  E-mail: tpilatowicz@gtg.legal

Debtor's
Financial
Advisor:          ARMORY SECURITIES


Debtor's
Claims,
Noticing, and
Solicitation
Agent:            PRIME CLERK LLC
                 
https://cases.primeclerk.com/ebholdings/Home-DocketInfo

Total Assets: $1,176,337,232

Total Liabilities: $2,615,508,039

The petition was signed by Howard M. Meyers, president.

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

              http://bankrupt.com/misc/nvb19-16364.pdf

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Golden Tree Asset Management                       $604,792,950
Lux Sarl
c/o Paul Weiss
Rifkind Wharton Garrison
Paul Basta, K. Kornish, P. Donnelly
1285 Avenue of the Americas
New York, NY 10019

2. Mount Kellet Master                                $290,102,652
Fund II-A L.P.
c/o Paul Weiss Rifkind
Wharton Garrison
Attn: Paul Basta, K.
Cornish, P. Donnelly
1285 Avenue of the Americas
New York, NY 10019

3. Grace Bay III                                      $184,124,770
Holdings Sarl
c/o Paul Weiss
Rifkind Wharton Garrison
Attn: Paul Basta, K.
Cornish, P. Donnelly
1285 Avenue of the Americas
New York, NY 10019

4. GoldenTree Distressed Master                       $171,462,060
Fund 2014
c/o Paul Weiss Rifkind Wharton Garrison
Paul Basta, K. Cornish, P. Donnelly
1285 Avenue of the Americas
New York, NY 10019

5. Clareant SCF Sarl                                  $165,119,698
c/o Paul Weiss Rifkind
Wharton Garrison
Attn: Paul Basta, K. Cornish, P. Donnell
1285 Avenue of the Americas
New York, NY 10019

6. Arvo Investment Holdings S.a.r.l                   $152,859,703
c/o Paul Weiss Rifkind Wharton Garrison
Attn: Paul Basta, K. Cornish, P. Donnelly
1285 Avenue of the Americas
New York, NY 10019

7. Sankaty European                                   $114,918,724
Investments, S.a.r.l.
4 Rue Lou Hemmer
Findel 1748
Luxembourg

8. SPC Lux S.a.r.l.                                    $94,491,466
c/o Paul Weiss Rifkind Wharton Garrison
Attn: Paul Basta, K.
Cornish, P. Donnelly
1285 Avenue of the Americas
New York, NY 10019

9. Goldman Sachs                                       $89,731,016
Lending Partners LLC
200 West St.
New York, NY 10282

10. Kneiff Tower S.a.r.l.                              $85,011,112
c/o Paul Weiss Rifkind Wharton Garrison
Attn: Paul Basta, K. Cornish, P. Donnelly
Avenue of the Americas
New York, NY 10019

11. Sound Point Credit                                 $69,497,898
Opportunities Master Fund L.P.
c/o Paul Weiss Rifkind
Wharton Garrison
1285 Avenue of the Americas
New York, NY 10019

12. GN3 SIP L.P.                                       $66,924,012
300 Park Avenue, 21st Floor
New York, NY 10022

13. NatWest Markets Plc                                $65,830,295
c/o Jones Day
Attn: Sid Levinson
250 Vesey Street
New York, NY 10281

14. Sound Point Beacon                                 $55,447,453
Master Fund L.P.
c/o Paul Weiss
Rifkind Wharton Garrison
1285 Avenue of the Americas
New York, NY 10019

15. Paulson Credit Opportunities                       $48,743,558
Master Ltd.
Attn: Jones Day
Attn: Sid Levinson
250 Vesey Street
New York, NY 10281

16. Global Special Situations                          $45,726,695
Luxembourg
c/o Paul Weiss Rifkind
Wharton Garrison
Paul Basta, K. Cornish, P. Donnelly
1285 Avenue of the Americas
New York, NY 10019

17. Susquehanna Ireland Limited                        $44,804,506
c/o Jones Day
Attn: Sid Levinson
250 Vesey Street
New York, NY 10281

18. BG Select Investments                              $37,774,261
(Ireland) Ltd.
32 Moesworth Street
Dublin 2 DO2 Y512
Ireland

19. Boats Investments                                  $27,119,868
Netherlands BV
Prins Bernhardplein 200
Amsterdam 1097
JB, Netherlands

20. Royal London Sterling                              $26,761,897
Extra Yield Bond Fund
30 Herbert Street
Dublin 2 Ireland


EP TECHNOLOGY: Asks Court for Permission to Use Cash Collateral
---------------------------------------------------------------
EP Technology Corporation U.S.A. asks the U.S. Bankruptcy Court for
the Central District of Illinois to authorize use of cash
collateral pursuant to a budget in order to fund business
operations and the administration of its Chapter 11 case.  

The budget provides for $137,313 in total disbursements for the
week ending Oct. 4, 2019, of which $67,883 is for salary expense;
$28,541 for selling and marketing; and $18,219 for health
insurance.   

A copy of the budget can be accessed for free at:

           
http://bankrupt.com/misc/EP_Technology_4(2)_Cash_Budget.pdf

The Debtor seeks to grant UPS Capital Corporation a post-petition
perfected security interest in and lien on the same type of
collateral that secured UPS' prepetition interest.

                      About EP Technology

EP Technology Corporation U.S.A., founded in 1997, is a developer
and manufacturer of video surveillance products, digital video
recorders, security cameras.  

The Company sought Chapter 11 protection (Bankr. C.D. Ill. Case No.
19-90927) on Sept. 23, 2019 in Urbana, Illinois.  In the petition
signed by Kevin Wan, president, the Debtor estimated assets at $10
million to $50 million and liabilities within the same range.
Judge Mary P. Gorman oversees the Debtor's case.  FACTORLAW is the
Debtor's counsel.  



EQUIFAX INC: Egan-Jones Lowers Sr. Unsec. Ratings to BB+
--------------------------------------------------------
Egan-Jones Ratings Company, on September 24, 2019, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Equifax Incorporated to BB+ from BBB.

Headquartered in Atlanta, Georgia, Equifax Incorporated is one of
the three largest consumer credit reporting agencies, along with
Experian and TransUnion. Equifax collects and aggregates
information on over 800 million individual consumers and more than
88 million businesses worldwide.


FORESIGHT ENERGY: Moody's Lowers Corp. Family Rating to Caa2
------------------------------------------------------------
Moody's Investors Service downgraded Foresight Energy, LLC's
Corporate Family Rating to Caa2 from B3, first lien senior secured
credit facilities to Caa1 from B2, and $425 million 11.5% Second
Lien Senior Secured Notes due 2023 to Caa3 from Caa2. The action
follows the company's announcement that it elected to exercise the
30 day grace period on 11.5% Senior Secured Notes due 2023. Moody's
also downgraded the company's Speculative Grade Liquidity Rating to
SGL-4 from SGL-2. The long-term ratings are placed on review for
further downgrade.

"Foresight's capital structure is not sustainable amid a sharp
reduction in pricing for export thermal coal in 2019 and
intensifying competition for declining domestic demand," said Ben
Nelson, Moody's Vice President -- Senior Credit Officer and lead
analyst for Foresight Energy, LLC.

Downgrades:

Issuer: Foresight Energy, LLC

  Probability of Default Rating, Downgraded to Caa2-PD from B3-PD;
  Placed Under Review for further Downgrade

  Speculative Grade Liquidity Rating, Downgraded to SGL-4 from
  SGL-2

  Corporate Family Rating, Downgraded to Caa2 from B3; Placed
  Under Review for further Downgrade

  Senior Secured 1st Lien Revolving Credit Facility, Downgraded
  to Caa1 (LGD3) from B2 (LGD3); Placed Under Review for
  further Downgrade

  Senior Secured 1st Lien Term Loan, Downgraded to Caa1 (LGD3)
  from B2 (LGD3); Placed Under Review for further Downgrade

  Senior Secured 2nd Lien Regular Bond/Debenture, Downgraded
  to Caa3 (LGD5) from Caa2 (LGD5); Placed Under Review for
  further Downgrade

Outlook Actions:

Issuer: Foresight Energy, LLC

Outlook, Changed To Rating Under Review From Stable

RATINGS RATIONALE

The downgrade and review for downgrade is prompted by a missed
interest payment. Foresight did not make a $24.4 million interest
payment on the 11.5% Senior Secured Notes due 2023 on 1 October
2019. Foresight intends to evaluate its options during the grace
period and the company's debt is trading well below par today. If
the company does not make the payment within the grace period,
events of default will be triggered under the credit agreement
governing the first lien senior secured credit facilities and a
master lease agreement. Moody's definition of default considers
non-payment beyond the grace period in an indenture to be
tantamount to default even if an extension is negotiated. The
review will focus on the company's plans to meet or restructure its
financial obligations. While the company operates low-cost mining
assets, a substantive deterioration in export prices for thermal
coal is a major challenge for the company, which is heavily-focused
on exports, competing with stronger and better-capitalized coal
companies in a declining domestic market, and operating with a
highly-leveraged balance sheet that reduces financial flexibility.

The Caa2 CFR reflects the company's high financial leverage for a
coal company (4.5x Debt/EBITDA; LTM 6/30/2019), expected negative
free cash flow given the significant drop in prices for export
thermal coal and drop in prices for domestic thermal coal, and high
likelihood of a restructuring in the near term. Fundamentally, the
company's credit profile is Foresight's credit profile is
principally constrained by the challenges of operating with a
leveraged balance sheet in an industry with ongoing secular decline
in domestic demand and historical volatility in export demand. The
company operates four underground mining complexes in the Illinois
Basin with longwall technology and very competitive cash costs. The
company's low cash costs help offset smaller scale compared to some
rated peers, operational concentration in four mining complexes,
and focus on a single mining basin. Significant reserves, emphasis
on larger coal-fired power plants with scrubbers, and demonstrated
ability to increase export volumes help support credit quality.

The SGL-4 reflects weak liquidity to support operations. The
company reported $3 million of cash and $45 million of availability
under its revolving credit facility at 30 June 2019. While the
company had been generating solid discretionary cash flow before
dividends and expansionary capital spending, and during the second
quarter earnings conference call guided toward positive free cash
flow generation in 2019, Moody's expects that cash flow generation
will weaken in the second half of 2019 and, absent improvement in
export prices, weaken meaningfully in 2020. The expected reduction
in cash flow generation will leave the company with insufficient
liquidity to support operations and likely result in a covenant
violation in the coming quarters.

Environmental, social, and governance factors are important factors
influencing Foresight's credit quality. The company is exposed to
ESG issues typical for a company in the coal mining industry,
including increasing global demand for renewable energy that is
detrimental to demand for coal, especially in the United States and
Western Europe. From an environmental perspective the coal mining
sector is also viewed as: (i) very high risk for air pollution and
carbon regulations; (ii) high risk for soil and water pollution,
land use restrictions, and natural and man-made hazards; and (iii)
moderate risk for water shortages. Social issues include specific
health risks, such as black lung disease, and typical safety issues
associated with mining. Governance issues include financial policy
challenges associated with operating a cyclical business within a
publicly-traded company, including balancing shareholder returns
with maintaining liquidity to support operations during cyclical
downturns, overlaid with the risks associated with master-limited
partnerships, including a propensity for heavy dividends.
Foresight's ESG profile balances less significant environmental and
social risks compared to most rated coal companies, driven largely
by the company's portfolio of newer assets with fewer legacy
liabilities, with more significant governance risks, driven largely
by the MLP structure and majority control by Murray Energy
Corporation.

The company's ratings are on review for downgrade. Moody's could
downgrade the ratings in response to a distressed debt exchange or
bankruptcy filing. Moody's could upgrade the ratings in response to
a negotiated solution that positions the company with better
liquidity, including an expectation for positive free cash flow.

Foresight Energy, LLC is 100% owned by Foresight Energy LP, which
is a Master Limited Partnership. Murray Energy has 80% voting
interest in Foresight Energy GP LLC, and approximately 52% of all
outstanding limited partner units in Foresight Energy LP (common
and subordinated). Foresight is a thermal coal producer operating
in the Illinois Basin. Currently, the company has four operating
mining complexes and 2.1 billion tons of coal reserves. Foresight
generated approximately $1.1 billion in revenue in 2018.

The principal methodology used in these ratings was Mining
published in September 2018.


FOREVER 21: List of Up to 178 Stores Closing by End of Year
-----------------------------------------------------------
Forever 21 Inc. submitted to the bankruptcy court a list of 178
underperforming brick-and mortar stores locations that it could
potentially close as part of its bankruptcy proceedings.

As of the Petition Date, the Debtors operate 549 retail stores in
45 states, Guam and Puerto Rico.  The planned closures represent
about a third of Forever 21's entire fleet of stores in the U.S.

According to the list, the landlords hardest hit by the planned
closures are haven, Connecticut-based Westfield (18 locations
nationwide), Pittsford, New York-based Macerich (16), Bloomfield
Hills, Michigan-based Taubman (10), Tanger (9), Brookfield (8), and
Washington Prime Group (8).

States most affected by the planned closures are California (42
stores), New York (18), and Texas (9).

The privately held fast-fashion retailer noted, however, that it
does not anticipate closing all 178 store locations as negotiations
for rent concessions are ongoing with certain of the landlords.

"As the Debtors negotiate rent concessions and other operational
improvements with the applicable landlords, the Debtors expect that
it will be in the Debtors' best interest not to conduct Store
Closings at certain locations," the Company's attorney, Laura Davis
Jones, at Pachulski Stang Ziehl & Jones LLP, said in court
filings.

The Debtors added that they may close additional stores that are
not on the list.

"Where the Debtors are unable to obtain sufficient relief in the
lease negotiations concerning stores that are on the cusp of
failing to meet certain performance standards, such stores will
close as part of the Store Closings (which may begin simultaneously
or on a rolling basis, depending on the relative timing the various
Lease Negotiations conclude)," Ms. Jones stated.

The Debtors, with the assistance of RCS Real Estate Advisors and
restructuring advisors Alvarez & Marsal North America, LLC, began
lease negotiations with landlords before the bankruptcy filing.

The Debtors seek to commence the sales for the up to 178 stores no
later than Oct. 31, 2019 and expect the sales and Store closings to
be completed and the properties vacated by Dec. 31, 2019.  To the
extent the Debtors determine to close any additional stores, such
related sales may continue into 2020.

The list of 178 stores was filed as an exhibit to a motion filed by
the Debtors to assume a consulting agreement between Forever 21,
Inc. and the contractual joint venture comprised of Gordon Brothers
Retail Partners, LLC and Hilco Merchant Resources, LLC.
Gordon/Hilco has agreed to conduct store closing sales for
locations identified by the Debtors.

             LIST OF 178 STORES SLATED FOR CLOSURE

  Store
  Number   Store Name        Address                  Landlord
  ------  ----------         -------                  --------
3516  Dimond Center         Anchorage, AK    Dimond Center LLC
2175  TANGER OUTLETS FOLEY  Floley, AL     COROC/RIVIERA L.L.C
624   Outlet S Of Grand R   Leeds, AL                     TORG
3513  Arrowhead Towne C.    Glendale, AZ              Macerich
667   Mariposa Mall         Nogales, AZ         CommPros, Inc.
3512  Anaheim Plaza         Anaheim, CA           Kimco Realty
3542  Santa Anita           Arcadia, CA              Westfield
337   901 State St.         Santa Barbara, CA      Aryana, LLC
37    Parkway Plz           Cajon, CA          Starwood Retail
5116  Westfield Topanga P.  Canoga Park, CA          Westfield
3520  Chico Mall            Chico, CA                Centenial
6006  Sun Valley            Concord, CA                Taubman
5115  Westfield Culver      Culver City, CA          Westfield
3010  Solano                Fairfield, CA      Starwood Retail
2133  PALLADIO              Folsom, CA         Broadstone Land
3524  Fresno Fashion Fair   Fresno, CA          Pacific Retail
5108  Glendale Galleria     Glendale, CA     Brookfield Retail
738   Americana at Brand    Glendale, CA                Caruso
3510  Lakewood Center Mall  Lakewood, CA              Macerich
729   Hollywood & Highland  Los Angeles, CA                CIM
706   Beverly Center        Los Angeles, CA            Taubman
5119  Garden State Plaza    Los Angeles, CA          Westfield
3518  Vintage Faire         Modesto, CA               Macerich
3533  Del Monte Shopping    Monterey, CA       American Assets
17    Fashion Island        Newport Beach, CA   Irvine Company
663   The Plant             Nuys, CA         Decron Properties
3001  Pasadena              Pasadena, CA         St. John Land
434   River at Rancho M     Rancho Mirage, CA             CBRE
19    Galleria @ South Bay  Redondo Beach, CA              QIC
3538  Galleria at Tyler     Riverside, CA      Riverside Assoc
792   Galleria @ Roseville  Roseville, CA            Westfield
3503  Northridge Mall       Salinas, CA        Starwood Retail
3515  Inland Center         San Bernardino, CA        Macerich
199   The Shops @ Tanforan  San Bruno, CA          Forest City
695   Mission Valley        San Diego, CA            Westfield
38    University Town C.    San Diego, CA            Westfield
6010  2 Stockton Street     San Francisco, CA          Invesco
49    Oakridge Mall         San Jose, CA             Westfield
157   Hillsdale Shopping    San Mateo, CA    Related Companies
348   Northgate Mall        San Rafael, CA        MerloneGeier
342   Scottsdale Fashion    Scottsdale, CA            Macerich
238   Fashion Square        Sherman Oaks, CA         Westfield
797   The Oaks              Thousand Oaks, CA         Macerich
484   Tulare Outlet         Tulare, CA            Woodmont Co.
692   Tustin Marketplace    Tustin, CA          Irvine Company
314   Valencia Town Center  Valencia, CA             Westfield
266   Pacific V Mall        Ventura, CA               Macerich
776   Flatiron Crossing     Bloomfield, CO            Macerich
103   Denver Pavillions     Denver, CO         Gart Properties
307   Orchard Town Center   Westminster, CO             Vestar
3530  Danbury Fair Mall     Danbury, CT               Macerich
621   Foxwoods Outlets      Mashantucket, CT            Tanger
60    Meriden Square Mall   Meriden, CT              Westfield
768   Stamford Town Center  Stamford, CT               Taubman
488   Shops at Georgetown   Washington DC           JT Premier
3009  Woodies Building      Washington, DC       Douglas Devt.
448   Rehoboth III Outlet   Rehoboth Beach, DE          Tanger
5101  Altamonte Springs     Altamonte S., FL        Brookfield
368   Destin Commons        Destin, FL               Turnberry
382   701 Lincoln Road      Miami Beach, FL          Comras Co
709   The Mall at Millenia  Orlando, FL                 Forbes
206   The Gardens           Palm Beach Gardens, FL      Forbes
5105  Pembroke Pines        Pembroke, FL            Brookfield
702   International         Tampa, FL                  Taubman
754   The Shops @Wiregrass  Wesley Chapel, FL              QIC
109   Stonecrest            Lithonia, GA          Urban Retail
645   Savannah Outlets      Pooler, GA                  Tanger
600   Guam Premier Outlets  Guam                      SPE, LLC
53    Pearlridge Shopping   Aiea, HI          Washington Prime
51    Kaahumanu Center      Kahului, HI                    JLL
359   Royal Hawaiian        Honolulu, HI         Festival Co's
654   Ka Makana Alii        Kapolei, HI        DeBartolo Devt.
2147  OUTLETS OF DES MOINES Altoona, IA        NED ALTOONA LLC
356   Lincoln Park          Chicago, IL         Arcadia Realty
5109  Water Tower Place     Chicago, IL      Brookfield Retail
474   10 South State St.    Chicago, IL    Madison Capital/ASB
127   Geneva Commons        Geneva, IL       Mid-America Asset
677   Kildeer Village Sq.   Kildeer, IL         Bond Companies
3002  Yorktown Center       Lombard, IL         Pacific Retail
648   Forest Plaza          Rockford, IL      Washington Prime
726   Old Orchard           Skokie, IL               Westfield
2106  Clay Terrace          Carmel, IN        Washington Prime
419   Eastland Mall         Evansville, IN            Macerich
678   Shops At Perry Cr.    Plainfield, IN        Metropolis L
254   Legend at Village W.  Kansas City, KS      Walton Street
633   Juban Crossing        Denham Springs, LA             CBL
365   Mall of Acadiana      Lafayette, LA                  CBL
670   Lake Charles          Lake Charles, LA     Stirling Prop
632   449 Washington St.    Boston, MA          Mosbacher Prop
2101  South Bay Center      Boston, MA                 [Other]
349   343 Newbury Street    Boston, MA          343 Management
61    Montgomery Mall       Bethesda, MD             Westfield
2138  TANGER OCEAN CITY     Ocean City, MD  OCEAN CITY FACTORY
655   Ellsworth Place       Silver Spring, MD              GBT
182   Wheaton Mall          Silver Spring, MD        Westfield
5102  Towson Town Center    Towson, MD       Brookfield Retail
66    Great Lakes Crossing  Auburn Hills, MI           Taubman
2128  TANGER GRAND RAPIDS   Byron Center, MI            Tanger
122   Woodland Mall  Grand  Rapids, MI                   PREIT
796   Twelve Oaks Mall      Novi, MI                   Taubman
2174  MACOMB MALL           Roseveille, MI            Macerich
5118  Mall of America       Bloomington, MN MOAC MALL HOLDINGS
6003  Country Club Plaza    Kansas City, MO            Taubman
2169  SUMMIT FAIR           LEE'S SUMMIT, MO  Summit Fair, LLC
770   West County Center    Peres, MO                      CBL
629   Crossroads Center     Gulfport, MS                   DDR
601   Asheville Outlets     Asheville, NC    New England Devt.
194   Northlake Mall        Charlotte, NC      Starwood Retail
331   Cross Creek Mall      Fayetteville, NC               CBL
795   Cherry Hill Mall      Cherry Hill, NJ              PREIT
375   Deptford Mall         Deptford Township, NJ     Macerich
330   Brunswick Square      East Brunswick NJ Washington Prime
673   Hanover Commons       East Hanover, NJ        Urban Edge
439   Hamilton Mall         Mays Landing, NJ    Kravco Company
6013  Short Hills           Short Hills, NJ            Taubman
676   Santa Fe Place        Santa Fe, NM           Perkinscoie
2172  THE SUMMIT            Reno, NV  G&I   VLL RENO OPERATING
3007  Crossgates Mall       Albany, NY                 Pyramid
620   490 FULTON STREET     Brooklyn, NY                 Crown
785   Kings Plaza Mall      Brooklyn, NY              Macerich
647   Woodbury Centre       Central Valley, NY    Kimco Realty
2140  TANGER DEERPARK       Deer Park, NY               Tanger
5129  Roosevelt Field       Garden City, NY     Simon Property
435   Atlas Park            Glendale, NY              Macerich
492   Oakdale Mall          Johnson City, NY        Urban Edge
292   Sunrise Mall          Massapequa, NY           Westfield
336   Gallera at Crystal R  Middletown, NY             Pyramid
2114  Sangertown Square     New Hartford, NY           Pyramid
271   Soho                  New York, NY       Allied Partners
614   World Trade Center    New York, NY             Westfield
481   Fashion Outlets       Niagara Falls, NY         Macerich
644   The Mall At Greece R  Rochester, NY            Wilmorite
92    Destiny USA           Syracuse, NY               Pyramid
71    White Plains Galleri  White Plains, NY    Pacific Retail
333   Jefferson Valley      Yorktown H, NY    Washington Prime
5110  Kenwood Center        Cincinnati, OH   Brookfield Retail
146   Dayton Mall           Dayton, OH        Washington Prime
2129  TANGER JEFFERSONVILL  Jeffersonville, OH          Tanger
625   LIBERTY CENTER        Liberty T, OH                  JLL
155   Eastwood Mall         Niles, OH           Cafaro Company
213   Valley River Center   Eugene, OR                Macerich
463   Millcreek Mall        Erie, PA         Warner Management
277   Monroeville Mall      Monroeville, PA                CBL
482   1708 Chestnut Street  Philadelphia, PA             PREIT
2126  PLYMOUTH MEETING      Plymouth, PA                 PREIT
172   Willow Grove Park     Willow Grove, PA             PREIT
431   Plaza Del Caribe      Ponce, PR       Plaza Del Cribe SE
2125  MAGNOLIA              Florence, SC                 PREIT
2171  TANGER CHARLESTON     North Charleston, SC        Tanger
3536  Hamilton Place        Chattanooga, TN               BELK
372   Cool Springs Galleria Franklin, TN                   CBL
489   Westgate Mall         Amarillo, TX                   JLL
719   La Palmera            Corpus Christi, TX  Trademark Prop
669   Mall De Las Aguilas   Eagle Pass, TX                 JLL
688   Glade Parks           Euless, TX     Glade Lifestyle LLC
2127  TANGER FORT WORTH     Forth Worth, TX             Tanger
5106  Stonebriar Centre     Frisco, TX       Brookfield Retail
423   Willow Bend           Plano, TX          Starwood Retail
608   Village @ Cumberland  Tyler, TX        Retail Connection
664   Central Texas M       Waco, TX                      RPAI
2131  TANGER PARK CITY      Park City, UT               Tanger
413   City Creek Center     Salt Lake City, UT         Taubman
3508  South Towne Center    Sandy, UT           Pacific Retail
744   Fair Oaks             Fairfax, VA                Taubman
2117  Manassas Pyramid      Manassa, VA                Pyramid
125   Macarthur             Norfolk, VA        Starwood Retail
798   Regency Square        Richmond, VA    Cushman& Wakefield
2107  OUTLET COLL. SEATTLE  Auburn, WA        Washington Prime
389   Bellevue Square       Bellevue, WA    Kemper Development
376   601 Pine Street       Seattle, WA         Colliers Int'l
640   Trails At Silverdale  Silverdale, WA          Center Cal
751   Southcenter Mall      Tukwila, WA              Westfield
5114  Southcenter Mall      Tukwila, WA              Westfield
649   Valley Mall           Union GAP, WA           Center Cal
293   Morgantown Mall       Morgantown, WV    Washington Prime
341   West Towne Mall       Madison, WI                    CBL
5104  Mayfair Mall          Wauwatosa, WI    Brookfield Retail
651   Huntington Mall       Barboursville, WV   Cafaro Company

                            *     *     *

David Silverman, senior director in Fitch Ratings' corporates
group, said, "Forever 21 appears to be a victim of its own rapid
expansion and changing tastes in fashion and consumer spending
which have pressured top-line results.

"Like many other mall-based apparel retailers, Forever 21 expects
to re-emerge as a smaller, more focused chain. However, apparel
brands in decline face significant headwinds in returning to
customer popularity and ongoing profitability. This can be seen in
recent unsuccessful re-emergence efforts by Gymboree, Payless, and
Charming Charlie.

"Ultimately Fitch expects continued declines in mall-based square
footage over the coming years, but believes the mall will remain an
important shopping destination given the expectation that the
majority of retail sales will continue to be made at a physical
retail location."

                         About Forever 21

Founded in 1984, and headquartered in Los Angeles, California,
Forever 21, Inc. -- http://www.forever21.com/-- is a fast fashion
retailer of women's, men's and kids clothing and accessories and is
known for offering the hottest, most current fashion trends at a
great value to consumers.  Forever 21 delivers a curated assortment
of new merchandise brought in daily.

As of the bankruptcy filing, the Debtors operated 534 stores under
the Forever 21 brand in the U.S. and 15 stores under beauty and
wellness brand, Riley Rose.

On Sunday, Sept. 29, 2019, Forever 21, Inc. and 7 of its U.S.
subsidiaries each filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. D. Del.
Lead Case No. 19-12122).

According to the petition, Forever 21 has estimated liabilities on
a consolidated basis of between $1 billion and $10 billion against
assets of the same range.

Kirkland & Ellis LLP is serving as the Company's legal advisor,
Alvarez & Marsal as its restructuring advisor, and Lazard as its
investment banker.  The law firm of Pachulski Stang Ziehl & Jones
LLP is the local bankruptcy counsel.  Prime Clerk is the claims
agent.


FRED'S INC: Oct. 28 Auction of Real Estate Assets Set
-----------------------------------------------------
Judge Christopher S. Sontchi of the U.S. Bankruptcy Court for the
District of Delaware (i) authorized the sales procedures of Fred's,
Inc. and affiliates in connection with the sale of the real estate
assets identified on Exhibit B at auction; (ii) authorized them to
retain and compensate their brokers, ARC Realty, LLC and Binswanger
Southern Co.

The salient terms of the Sales Procedures are:

     a. Deadline to Announce Stalking Horse Bidder(s), if any: Oct.
11, 2019 at 5:00 p.m.  

     b. Stalking Horse Objection Deadline - Oct. 15, 2019 at noon

     c. Hearing on Objections to Designated Stalking Horse
Bidder(s) (only if timely objections thereto have been filed) -
Oct. 16, 2019 at 3:00 p.m.

     d. Bid Deadline - Oct. 21, 2019 at 4:00 p.m.

     e. Auction - Oct. 28, 2019 at 9:00 a.m.  The Auction will be
held at the offices of Morris, Nichols, Arsht & Tunnell LLP, 1201
North Market Street, Wilmington, Delaware 19899 (or such other
reasonable location as the Debtors may hereafter designate on
reasonable notice).  The Debtors may cancel the auction if no
competing bids are received by filing a notice of cancellation on
the docket by 2:00 p.m. on Oct. 27, 2019.

     f. Winning Bidder(s) Announced - Oct. 29, 2019

     g. Sale Hearing - Oct. 30, 2019 at 12:00 noon

     h. Last Day to Consummate Transactions - Nov. 15, 2019

The Debtors are authorized to retain the Brokers in accordance with
the terms of their respective Brokerage Agreements, and to pay
compensation to the Brokers in accordance with the terms of their
respective Brokerage Agreements with such amount payable only out
of the proceeds of any successful Transaction or Transactions at
closing following approval of such Transaction or Transactions by
the Court.  The Brokers will not act as dual agents, and will file
certificates of disinterestedness within 10 business days of entry
of the Order.

The Bid Requirements set forth in the Motion are approved.

The Debtors are authorized, but not required, to designate one or
more stalking horse bidders in consultation with the DIP Agent and
the Committee, and award such bidder(s) Stalking Horse Protections
in the maximum amount set forth in the Motion by or before Oct. 11,
2019 at 5:00 p.m., and will file notice of any such designations.

The Auction and Hearing Notice is approved.

Within one day of the entry of the Order or as soon thereafter as
reasonably practicable, the Debtors will cause the Auction and
Hearing Notice to be served upon the Notice Parties and, to the
extent not included in the Notice Parties, all taxing jurisdictions
where the Real Estate Assets are located.

The Debtors are authorized to establish one or more segregated,
interest-bearing escrow accounts for the purpose of holding bidder
deposits, and may pay any reasonable fees attendant to such
accounts.  Bidder deposits will not become property of the Debtors
absent a further order of the Court finding that a successful
bidder is not entitled to the return of its deposit.

Notwithstanding the possible applicability of Bankruptcy Rules
6004(h), 7062, 9014, or otherwise, the Order will be immediately
effective and enforceable upon its entry.

The requirements set forth in Bankruptcy Rule 6003 are satisfied by
the contents of the Motion.

A copy of the Exhibit B and Sales Procedures attached to the Motion
is available for free at:

    http://bankrupt.com/misc/Freds_Inc_112_Sales.pdf

                         About Fred's Inc.

Since 1947, Fred's, Inc. (NASDAQ:FRED) -- http://www.fredsinc.com/
-- has been an integral part of the communities it serves
throughout the southeastern United States.  Fred's mission is to
make it easy AND exciting to save money.  Its unique discount
value
store format offers customers a full range of value-priced everyday
items, along with terrific deals on closeout merchandise throughout
the store.

Fred's, Inc., and its subsidiaries sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 19-11984) on Sept. 9, 2019 in
Delaware.  In the petitions signed by Joseph M. Anto, CEO, the
Debtors disclosed $474,774,000 in assets and $380,167,000 in
liabilities as of May 4, 2019.

The Hon. Christopher S. Sontchi oversees the cases.

The Debtors tapped Morris, Nichols, Arsht & Tunnell LLP as counsel;
Kasowitz Benson Torres LLP as general bankruptcy counsel; Akin Gump
Strauss Hauer & Feld LLP as special counsel; Epiq Bankruptcy
Solutions LLC as claims and noticing agent; and Berkeley Research
Group, LLC, as financial advisor.


FT/R LLC: $10.2M Sale of 59-Acre Land in Friendswood Approved
-------------------------------------------------------------
Judge Jeffrey P. Norman of the U.S. Bankruptcy Court for the
Southern District of Texas authorized FT/R, LLC's sale of the
59.385 acres of undeveloped land situated in the City of
Friendswood, Galveston County, Texas, more particularly described
as: (i) Tract 1 comprised of 45.194 acres at ABST 184 M SLOAN
SURVEY TR 19-1; (ii) Tract 2 comprised of 4.959 acres at ABST 184
PAGE 2 M SLOAN SUR TR 15-1; and (iii) Tract 3 comprised of 9.232
acres located at ABST 184 M SLOAN SUR TR 15, for not less than
$10,248,926 to either D. R. Horton-Texas, Ltd. or Gehan Homes,
Ltd.

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

At closing, the Debtor is authorized to pay the following
obligations: (i) Texas Gulf Bank in the approximate amount of $5
million; (ii) Perry Homes in the approximate amount of amount of
$1,674,450; (iii) Angel Brothers Construction in the approximate
amount of $434,744; (iv) Texaclean Services, LLC in the approximate
amount of $28,200; (v) pro-rated real property ad valorem taxes for
the current tax year; plus (vi) all reasonable and necessary
closing costs.

The remaining balance of sales proceeds will be held by the Debtor
pending approval of its Plan of Reorganization.

Upon payment of its lien, Perry Homes will execute a release of
lien to facilitate the Debtor's recordation of the plat as part of
the closing process.

                          About FT/R LLC

FT/R, LLC, a Single Asset Real Estate Debtor (as defined in 11
U.S.C. Section 101(51B)), sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Texas Case No. 19-80176) on June 3,
2019.

At the time of the filing, the Debtor had estimated assets of
between $10 million and $50 million and liabilities of $1 million
and $10 million.  

The case is assigned to Judge Jeffrey P. Norman.  The Debtor is
represented by Waldron & Schneider, L.L.P.


FURIE OPERATING: Nov. 12 Auction of All Assets Set
--------------------------------------------------
Judge Laurie Selber Silverstein of the U.S. Bankruptcy Court for
the District of Delaware authorized the bidding procedures of Furie
Operating Alaska, LLC, and affiliates in connection with the sale
of substantially all assets at auction.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: 12:00 p.m. (ET) on Nov. 7, 2019

     b. Initial Bid: The Debtors, in consultation with the
Consultation Parties, may select a Qualified Bidder to serve as the
minimum bid for substantially all of their assets or any grouping
or subset of their assets.

     c. Deposit: 10% of the cash purchase price

     d. Auction: Auction (if necessary) will be held at the offices
of McDermott Will & Emery LLP, 340 Madison Avenue, New York, New
York 10173 at 10:00 a.m. (ET) on Nov. 12, 2019

     e. Bid Increments:  The Debtors, in their Permitted
Discretion, may determine appropriate minimum bid increments or
requirements for each round of bidding.

     f. Sale Hearing: 10:00 a.m. (ET) on Nov. 20, 2019

     g. Sale Objection Deadline: 12:00 p.m. (ET) on Nov. 15, 2019

     h. Closing: The later of (i) Jan. 6, 2020 or (ii) such later
date as may be agreed to by the Debtors and the DIP Agent

     i. The DIP Secured Parties will be deemed Qualified Bidders
and the DIP Agent will have the right to credit bid the DIP
Obligations, in accordance with the DIP Documents and subject to
the Carve-Out, the DIP Orders, the New Side Letter, and the
Prepetition Intercreditor Agreement, up to the full amount of the
DIP Obligations in any sale contemplated by the Bidding
Procedures.

The other dates events relating to the Bidding Procedures are:

     a. Within 3 Business Days after entry of the Bidding
Procedures Order - Deadline for the Debtors to file and serve Sale
Notice

     b. Oct. 9, 2019 - Deadline for the Debtors to file and serve
Potential Assumption and Assignment Notice

     c. 4:00 p.m. (ET) on Oct. 23, 2019 - Assumption and Assignment
Objection Deadline

     d. 5:00 p.m. (ET) on Oct. 25, 2019 - (i) Deadline for the
Debtors to file and serve (i) a Stalking Horse Supplement (if any)
or (ii) form of purchase agreement; (ii) Deadline for the Debtors
to file and serve the proposed form of Sale Order

     e. 10 calendar days after service of a Stalking Horse
Supplement (if any) - Stalking Horse Objection Deadline (if any)

     f. 4:00 p.m. (ET) on Nov. 8, 2019 - Stalking Horse Adequate
Assurance Objection Deadline (if any)

     g. 12:00 p.m. (ET) on the first calendar day after the Auction
is completed - Deadline for the Debtors to file and serve Notice of
Auction Results

The Noticing Procedures as set forth in the Order and the Motion,
including the form of Sale Notice, is approved.  Within three
Business Day after entry of the Order, the Debtors will serve the
Sale Notice to the Sale Notice Parties.

The assumption and assignment procedures set forth in the Motion
and as modified by the Order, including the form of Potential
Assumption and Assignment Notice, are approved.   On Oct. 9, 2019,
the Debtors will file with the Court, and cause to be published on
the Case Information Website, the Potential Assumption and
Assignment Notice and the Executory Contract List.

Any Bankruptcy Rule (including, but not limited to, Bankruptcy Rule
6004(h), 6006(d), 7062 or 9014) or Local Bankruptcy Rule that might
otherwise delay the effectiveness of the Order is waived, and the
terms and conditions of this Order will be effective and
enforceable immediately upon its entry.

All time periods set forth in the Order will be calculated in
accordance with Bankruptcy Rule 9006(a).

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

    http://bankrupt.com/misc/Furie_Operating_185_Order.pdf

                  About Furie Operating Alaska

Headquartered in Anchorage Alaska, Furie Operating Alaska LLC and
its affiliates operate as independent energy companies primarily
focused on the acquisition, exploration, production, and
development of offshore oil and gas properties in the State of
Alaska's Cook Inlet region.  They hold a majority working interest
in 35 competitive oil and gas leases in the Cook Inlet.
Additionally, they wholly own and operate an offshore production
platform in the middle of the Cook Inlet to extract natural gas
under the oil and gas leases.

Furie Operating Alaska and its affiliates, Cornucopia Oil & Gas
Company LLC, and Corsair Oil & Gas LLC, filed voluntary petitions
for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.
Case Nos. 19-11781 to 19-11783) on Aug. 9, 2019.  In the petitions
signed by Scott M. Pinsonnault, interim COO, the Debtors were
estimated to have $10 million to $50 million in assets and $100
million to $500 million in liabilities.

Matthew P. Ward, Esq. at Womble Bond Dickinson (US) LLP and Timothy
W. Walsh, Esq., at McDermott Will & Emery LLP, serve as the
Debtors' counsel.  Seaport Global Securities LLC is the Debtors'
investment banker; and Ankura Consulting Group is the financial
advisor.  Prime Clerk LLC is the claims and noticing agent, and
administrative advisor.


HIGH TIDE TRANSPORT: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The U.S. Trustee, until further notice, will not appoint an
official committee of unsecured creditors in the Chapter 11 case of
High Tide Transport LLC, according to court dockets.
    
                     About High Tide Transport
  
High Tide Transport LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 19-03196) on Aug. 20,
2019.  At the time of the filing, the Debtor was estimated to have
assets of between $100,001 and $500,000 and liabilities of the same
range.  The case has been assigned to Judge Jerry A. Funk.  The
Debtor is represented by The Law Offices of Jason A. Burgess, LLC.


HVI CAT: $1.25M Private Sale of REDU Asset Denied Without Prejudice
-------------------------------------------------------------------
Judge Martin R. Barash of the U.S. Bankruptcy Court for the
Southern District of New York denied without prejudice HVI Cat
Canyon, Inc.'s private sale of property known as the Richfield East
Dome Unit ("REDU") asset to REDU Holdings, LLC for $1.25 million.

A hearing on the Motion was held on Sept. 23, 2019 at 10:00 a.m.

                   About HVI Cat Canyon Inc.

HVI Cat Canyon, Inc., is a privately held oil and gas extraction
company based in New York.

HVI Cat Canyon sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 19-12417) on July 25, 2019.  In the
petition signed by Alex G. Dimitrijevic, president and COO, the
Debtor was estimated to have assets of between $100 million and
$500 million and liabilities of the same range.  

On Aug. 28, 2019, the New York Court entered an order transferring
the venue to U.S. Bankruptcy Court for the Northern District of
Texas, and assigned Case No. 19-32857.

Weltman & Moskowitz, LLP, is the Debtor's bankruptcy counsel.

The Office of the U.S. Trustee on Aug. 9, 2019, appointed three
creditors to serve on the official committee of unsecured creditors
in the Debtor's case.


IDL DEVELOPMENT: Exclusivity Period Extended Until Oct. 25
----------------------------------------------------------
Judge Christopher Panos of the U.S. Bankruptcy Court for the
District of Massachusetts extended the period during which only IDL
Development, Inc. can file a Chapter 11 plan to Oct. 25, and the
period during which the company can solicit acceptances for its
plan to Dec. 27.

                    About IDL Development

IDL Development, Inc. is engaged in research in the field of
"electromagnetic chemistry," which is the use of electromagnetic
fields to manipulate, generate and change the properties of matter.
Organized in 2014, IDL Development conducts research activities
from a leased facility in Taunton, Massachusetts, and is funded
through private equity investment.    

IDL Development sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 18-14808) on Dec. 29,
2018.  At the time of the filing, the Debtor estimated assets of $1
million to $10 million and liabilities of $10 million to $50
million.  The case is assigned to Judge Joan N. Feeney.  Murphy &
King, Professional Corp. is the Debtor's counsel.



INTERLOGIC OUTSOURCING: Sale of All Assets to PrimePay Approved
---------------------------------------------------------------
Judge Harry C. Dees, Jr. of the U.S. Bankruptcy Court for the
Northern District of Indiana authorized Interlogic Outsourcing,
Inc., and affiliates to sell substantially all assets to PrimePay,
LLC.

In exchange, PrimePay will assume certain liabilities and will pay
the amounts set forth:

     a. $3.5 million payable at Closing, less the amount of the
Deposit, by wire transfer of immediately available funds to an
account designated in writing by the Sellers;

     b. if the product of (i) the monthly recurring payroll
processing revenues (not including W-2 charges and delivery
charges) of the Business for the monthly period ending Jan. 31,
2020, multiplied by (ii) 12 equals or exceeds $3 million, then
$500,000 (in addition to the amount set forth in Section 3.1(a) of
the APA) will be payable to Seller by wire transfer of immediately
available funds, which will be due and payable on Feb. 15, 2020;
provided, that, such customers remain active and processing their
payroll on the Purchaser's services for a minimum of 30 days
following the expiration of the Transition Period; and

     c. if the product of (i) the monthly recurring payroll
processing revenues (not including W-2 charges and delivery
charges) of the Business for the monthly period ending April 30,
2020, multiplied by (ii) 12 equals or exceeds $7 million, then
$300,000 (in addition to the amounts set forth in Sections 3.1(a)
and (b) of the APA) will be payable to Seller by wire transfer of
immediately available funds in three equal installments of
$100,000, which will be due and payable on May 15, 2020, June 15,
2020 and July 15, 2020, respectively; provided, that, such
customers remain active and processing their payroll on the
Purchaser's services for a minimum of 30 days following the
expiration of the Transition Period.

The form of Asset Purchase Agreement is approved.  Subject to
review and written consent of the DIP Lender, which consent will
not be unreasonably withheld, the Transition Services Agreement
contemplated under the Asset Purchase Agreement, incorporating the
terms stated on the record at the Sale Hearing, is also approved.

The sale is free and clear of all Liens, with any Liens in such
Transferred Assets, or proceeds thereof, to attach to the proceeds
of such sale.

There will be no rent accelerations, assignment fees, increases, or
any other fees charged to the Successful Bidder, its successors or
assigns, or the Debtors as a result of the assumption and
assignment of the Selected Contracts.

All defaults or other obligations will be deemed cured by the
Successful Bidder's payment or other satisfaction of the cure
amounts, if any, associated with the Purchased Contracts.  Payment
of the Cure Costs pursuant to the Asset Purchase Agreement is
authorized.

For the avoidance of doubt, nothing in the Sale Order authorizes
the Debtors to assume, reject, or assume or assign their rights to
the TaxEx Software as provided in that certain Agreement for
Transfer of Rights Related to Software, dated July 1, 2011, by and
between Crystal Solutions, Inc. and Interlogic Outsourcing, Inc.

Upon Closing of the Sale, the customers will have the right,
without the need to seek a lifting of the stay imposed under
section 362(a) of the Bankruptcy Code, to terminate any and all
payroll processing agreements they may have with the Debtors.

KeyBank National Association will continue to provide its ACH
payment processing services associated with the Debtors' payroll
and payroll tax processing requirements, utilizing the same bank
accounts as in use, and subject to the terms, conditions, and
procedures in effect, prior to the date of this Sale Order, in
return for the service fees for such services as agreed to by
KeyBank and the Successful Bidder, which service fees will be paid
to KeyBank by the Successful Bidder on a monthly basis, with such
ACH services to continue for a period of not less than 90 days
following the Closing of the Sale, or for such other period as is
mutually agreed by KeyBank and the Debtors, with the consent of the
Successful Bidder.

The proceeds of the Sale will be immediately remitted to the DIP
Lender upon closing of the Sale and applied by the DIP Lender in
accordance with the terms of the DIP Order.  

The Sale Order will constitute findings of fact and conclusions of
law and will take effect immediately upon execution thereof.

Notwithstanding the possible applicability of Bankruptcy Rules
6004(h), 6006(d), 7052, 9014 or otherwise, the terms and conditions
of the Order will be immediately effective and enforceable upon its
entry.

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

     http://bankrupt.com/misc/Interlogic_Outsourcing_359_Order.pdf


                 About Interlogic Outsourcing

Founded in Elkhart, Indiana in 2002 and operating under the trade
name IOIPay, Interlogic Outsourcing, Inc., and its related entities
-- https://www.ioipay.com/ -- are a locally based payroll processor
with a national customer base and footprint.  They provide payroll,
payroll tax, and benefit administration services directly to
clients in the United States, as well as through a network of
licensees in the United States and Canada.

Interlogic Outsourcing and six affiliates sought Chapter 11
protection (Bankr. N.D. Ind. Lead Case No. 19-31445) on Aug. 10,
2019.  In the petition, Interlogic Outsourcing is estimated to have
less than $10 million in assets and at least $10 million in
liabilities.  

The Hon. Harry C. Dees, Jr., is the case judge.  

The Debtors tapped Jacobson Hile Kight LLC and Paul Hastings LLP as
their counsel, and Prime Clerk LLC as their claims agent.

The Office of the U.S. Trustee appointed a committee of unsecured
creditors on Aug. 22, 2019.


JAMES M THOMPSON: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Lead Debtor: James M. Thompson Enterprises, Inc.
             11328 Paseo Drive
             Fort Myers, FL 33912

Business Description: James M. Thompson Enterprises is the parent
                      company of the other remaining Debtors and
                      James M. Thompson, Jr. controls the majority
                      ownership in all of the Debtors by way of
                      his ownership of JMTE.

Chapter 11 Petition Date: October 1, 2019

Court: United States Bankruptcy Court
       Middle District of Florida (Ft. Myers)

Six affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

   Debtor                                           Case No.
   ------                                           --------
   James M. Thompson Enterprises, Inc. (Lead Case)  19-09351
   James M. Thompson One, LLC                       19-09353
   James M. Thompson Two, LLC                       19-09354
   James M. Thompson Three, LLC                     19-09355
   James M. Thompson Four, LLC                      19-09357
   James M. Thompson Cape Coral, LLC                19-09358

Debtors' Counsel: Michael R. Dal Lago, Esq.
                  DAL LAGO LAW
                  999 Vanderbilt Beach Road, Suite 200
                  Naples, FL 34108
                  Tel: (239) 571-6877
                  E-mail: mike@dallagolaw.com

James M. Thompson Enterprises'
Estimated Assets: $0 to $50,000

James M. Thompson Enterprises'
Estimated Liabilities: $500,000 to $1 million

The petitions were signed by James M. Thompson, Jr., president.

James M. Thompson Enterprises failed to include in the petition a
list of its 20 largest unsecured creditors.  A full-text copy of
the petition is available for free at:

            http://bankrupt.com/misc/flmb19-09351.pdf


JRND LLC: Complete Business Solutions Says Plan Unconfirmable
-------------------------------------------------------------
Creditor Complete Business Solutions Group, Inc., objects to the
confirmation of the Plan of Reorganization and the approval of the
Disclosure Statement filed by JRND, LLC on Aug. 2, 2019.

The Plan, according to CBSG, is unsuitable for confirmation at this
time for the following reasons:

   a) The Debtor has not received the requisite majority in number,
or percentage in dollars, of ballots cast of all impaired classes
as required by 11 U.S.C. section 1129(a)(8) and (9);

   b) As per the creditors who entered into merchant credit
agreements with the Debtor, the Plan proposes that to the extent
that CBSG's claim is allowed, such claims will be treated as a
Class 9 unsecured allowed claim. The proposed treatment for Class 9
Unsecured Allowed Claims contemplates payment of a fixed amount,
which is unreasonably long.

   c) The Plan violates the fair and equitable requirement of 11
U.S.C. section 1129(b)(2)(B) to the extent the Debtor will retain
property of the estate, particularly proceeds from the adversary
proceeding/avoidance actions, while creditors will not be paid in
full.

   d) The Plan violates the absolute priority rule because the Plan
does not purport to pay Class 9 General Unsecured Creditors in full
and the Debtor’s equity is retaining its equity interests.

   e) The Plan fails to provide an adequate means for
implementation. The plan does detail the amount of administrative
expense claims that must be paid by the Effective Date of the plan,
which is a requirement for confirmation. If the debtor’s cash is
sufficient to pay the current administrative expense claims, which
amounts are unknown, no projections are provided to show how
Debtor’s operations will be sufficient to pay all proposed plan
payments.

   f) The Plan does not demonstrate it is feasible, as neither the
Plan nor the Disclosure Statement provides Debtor's financial
projections for the proposed ten-year payment schedule.

A full-text copy of the Disclosure Statement is available at
https://tinyurl.com/y6rf7nh6  from PacerMonitor.com at no charge.

Attorney for Complete Business Solutions Group, Inc

     Richard J. McIntyre, Esquire
     Katie Brinson Hinton, Esq.
     McIntyre Thanasides Bringgold
        Elliott Grimaldi Guito & Matthews, P.A.
     500 E. Kennedy Blvd., Suite 200
     Tampa, FL 33602
     Telephone: (813) 223-0000
     Facsimile: (813) 899-6069
     E-mail: rich@mcintyrefirm.com
     E-mail: katie@mcintyrefirm.com

                          Terms of Plan

As reported in the TCR, JRND LLC filed a disclosure statement and
chapter 11 plan of reorganization dated August 2, 2019.  Under the
Plan, holders of allowed unsecured claims will be paid in full,
except that the maximum sum to be paid will not be greater than an
aggregate sum of $147,081.97, which the Debtor believes is the
maximum amount of legitimate allowed claims.  Each holder of an
Allowed Unsecured Claim will be paid a Pro Rata share of the
unsecured pot if not paid in full. Payments will be made over 120
months and will commence on the thirtieth day after a final order
determining all remaining Disputed Claims. Payments will continue
until the Unsecured Pot or 100% of all unsecured claims are paid in
full.

The Plan contemplates that the Reorganized Debtor will continue to
operate the Debtor's business. The Reorganized Debtor believes the
cash flow generated from the continued operation of the Debtor's
business will be sufficient to meet the operating needs and Plan
Payments.

A copy of the Disclosure Statement is available at
https://tinyurl.com/y33py5kw from Pacermonitor.com at no charge.

                          About JRND LLC

JRND LLC sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. M.D. Fla. Case No. 19-00774) on Feb. 4, 2019.  At the time
of the filing, the Debtor estimated assets of less than $50,000 and
liabilities of less than $1 million.  The case is assigned to Judge
Cynthia C. Jackson.  Ainsworth and Branson Law, PLLC, is the
Debtor's legal counsel.

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




JTWW INC: Files Reorganization Plan; Unsecureds Paid in 10 Years
----------------------------------------------------------------
According to the Disclosure Statement, dated Sept. 26, 2019, JTWW,
Inc., operator of two restaurants in the City of Spokane, is
proposing a Plan of Reorganization.

The Plan contemplates the continued operation of the restaurants.
The Debtor believes that income will rise in 2019 and beyond, as
the Debtor gets the business stable again, limit losses due to
theft, and increase the quality of the restaurants.

Holders of unsecured claims totaling $508,722 will recover 100% and
will be paid from the Debtor's income.  Payments will be paid
quarterly, beginning in five years after confirmation of the Plan,
and will be paid in full prior to 10 years after confirmation.

The shareholders -- consisting of Wayne Walton and Jeremy Thelin --
will retain their interest in the reorganized debtor.

The Debtor intends to pay Wayne Walton, an insider of the Debtor,
$1,200 per week.  Mr. Walton works at least sixty hours a week on
behalf of the Debtor, and his duties include the overall management
of the restaurants.  The Debtor also intends to pay the Debtor's
other insider, Jeremy Thelin, the amount of$1,000 per week.  Mr.
Thelin works full time for the Debtor, and his duties include the
overall maintenance and repairs of the restaurants, and keeping of
the Debtor's books.  Both salaries are less than prior to the
bankruptcy.  The insiders' continued work for the Debtor is
necessary for a successful reorganization.

A full-text copy of the Disclosure Statement is available at
https://tinyurl.com/y5hfpyv7 from PacerMonitor at no charge.

                         About JTWW Inc.

JTWW, Inc. operates Wasabi Asian Bistro -- a restaurant located at
10208 N. Division St. Spokane, Washington.  JTWW filed a Chapter 11
petition (Bankr. E.D. Wash. Case No. 19-00236), on Jan. 30, 2019.
In the petition signed by its president Wayne Walton, the Debtor
was estimated to have assets ranging between $100,001 and $500,000
and liabilities ranging between $500,001 and $1 million.  Timothy
R. Fischer, Esq., at Winston & Cashatt, Lawyers, is serving as the
Debtor's counsel.


JULIETTE FALLS: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
The U.S. Trustee, until further notice, will not appoint an
official committee of unsecured creditors in the Chapter 11 case of
Juliette Falls Properties, LLC, according to court dockets.

                 About Juliette Falls Properties

Juliette Falls Properties, LLC, filed a voluntary Chapter 11
petition (Bankr. M.D. Fla. Case No. 19-02937) on Aug. 1, 2019,
estimating under $1 million in both assets and liabilities.
Richard A. Perry, P.A., led by founding partner Richard A. Perry,
is the Debtor's counsel.


LATITUDE 360: Trustee's $1.3M Sale of Buford Property to AGT Okayed
-------------------------------------------------------------------
Judge Barbara Ellis-Monro of the U.S. Bankruptcy Court for the
Middle District of Florida authorized Mark Healy, the Chapter 11
trustee for Latitude 360, Inc., to sell the real property located
at 3932 Sudderth Road, Buford, Georgia to AGT Acquisition, LLC,
pursuant to the terms of their Commercial Sales Agreement, for $1.3
million.

The sale is free and clear of any liens, claims, and encumbrances,
with such liens attaching to the Net Sales Proceeds.
  
The Debtor is authorized to use and distribute the Sales Proceeds
referenced in the Motion in the amount of $1.3 million, for payment
of all customary closing costs (including broker's commissions of
$130,000) with all remaining net proceeds to be held in trust until
further order of the Court.

Notwithstanding Bankruptcy Rule 6004 or otherwise, the Order will
be effective immediately on entry and any stay of the Order is
waived so that Debtor and Buyer may close the sale contemplated
herein immediately upon entry of the Order, as the Buyer is
preparing to complete an exchange of real property, and the Sale
Proceeds will be disbursed as stated immediately upon the closing
of the sale.

                        About Latitude 360

Three creditors of Latitude 360, Inc. -- formerly known as Latitude
Global, Inc. and formerly known as Latitude Global Acquisition
Corp. -- filed an involuntary Chapter 11 bankruptcy petition
against the Jacksonville, Florida-based company (Bankr. M.D. Fla.
Case No. 17-00086) on Jan. 10, 2017.

The petitioning creditors are TBF Financial, LLC, which listed a
$68,955 judgment claim; Dex Imaging, Inc., which asserts a $207,291
judgment claim; and N. Robert Elson, Trustee of the N. Robert Elson
Trust of 1996, dated March 18, 1996, which listed a $33,697
judgment claim.  The petitioning creditors are represented by
Catrina Humphrey Markwalter, Esq., at Gillis Way & Campbell LLP as
counsel.

Mark C. Healy was appointed Chapter 11 trustee.  The Trustee
retained Gillis Way & Campbell as counsel, and Michael Moecker and
Associates, Inc., as financial advisor.


LATITUDE 360: Trustee's $5K Sale of All Remnant Assets Abated
-------------------------------------------------------------
Judge Jerry A. Funk of the U.S. Bankruptcy Court for the Middle
District of Florida abated the consideration of the sale by Mark
Healy, the Chapter 11 trustee for Latitude 360, Inc., of all of the
Debtor's remnant assets to Oak Point Partners, LLC for $5,000, free
and clear of all interests, subject to overbid.

After review, the Court determines that the prescribed filing fee
of $181 was not paid as required by the Bankruptcy Court Schedule
under 28 U.S.C. Section 1930.

Consideration of the Motion is abated until the deficiency is
corrected.

The Clerk's Office is directed to serve a copy of the Order on
interested parties.

                        About Latitude 360

Three creditors of Latitude 360, Inc. -- formerly known as Latitude
Global, Inc. and formerly known as Latitude Global Acquisition
Corp. -- filed an involuntary Chapter 11 bankruptcy petition
against the Jacksonville, Florida-based company (Bankr. M.D. Fla.
Case No. 17-00086) on Jan. 10, 2017.

The petitioning creditors are TBF Financial, LLC, which listed a
$68,955 judgment claim; Dex Imaging, Inc., which asserts a $207,291
judgment claim; and N. Robert Elson, Trustee of the N. Robert Elson
Trust of 1996, dated March 18, 1996, which listed a $33,697
judgment claim.  The petitioning creditors are represented by
Catrina Humphrey Markwalter, Esq., at Gillis Way & Campbell LLP as
counsel.

Mark C. Healy was appointed Chapter 11 trustee.  The Trustee
retained Gillis Way & Campbell as counsel, and Michael Moecker and
Associates, Inc., as financial advisor.


LATITUDE 360: Trustee's $5K Sale of Remnant Assets Abated
---------------------------------------------------------
Judge Jerry A. Funk of the U.S. Bankruptcy Court for the Middle
District of Florida abated the consideration of the sale by Mark
Healy, the Chapter 11 trustee for Latitude 360, Inc., of the
Debtor's remnant assets to Oak Point Partners, LLC for $5,000, free
and clear of all interests, subject to overbid.

After review, the Court determines that the Motion is deficient as
follows:

     a. Service upon the Parties in Interest List, defined by Local
Rule 1007-2, a current mailing matrix obtained from the Clerk of
Court is not indicated.  

      b. Service upon the Debtor at the Debtor's address of record
is not indicated.  

      c. The prescribed filing fee of $181 was not paid as required
by the Bankruptcy Court Schedule under 28 U.S.C. Section 1930.

Consideration of the Motion is abated until the deficiency is
corrected.  No additional filing fee will be assessed for the
filing of any amended motion filed for the purposes of correcting
the noted deficiency.

The Clerk's Office is directed to serve a copy of the Order on
interested parties.

                        About Latitude 360

Three creditors of Latitude 360, Inc. -- formerly known as Latitude
Global, Inc. and formerly known as Latitude Global Acquisition
Corp. -- filed an involuntary Chapter 11 bankruptcy petition
against the Jacksonville, Florida-based company (Bankr. M.D. Fla.
Case No. 17-00086) on Jan. 10, 2017.

The petitioning creditors are TBF Financial, LLC, which listed a
$68,955 judgment claim; Dex Imaging, Inc., which asserts a $207,291
judgment claim; and N. Robert Elson, Trustee of the N. Robert Elson
Trust of 1996, dated March 18, 1996, which listed a $33,697
judgment claim.  The petitioning creditors are represented by
Catrina Humphrey Markwalter, Esq., at Gillis Way & Campbell LLP as
counsel.

Mark C. Healy was appointed Chapter 11 trustee.  The Trustee
retained Gillis Way & Campbell as counsel, and Michael Moecker and
Associates, Inc., as financial advisor.


LAWSON NURSING: $1.8M Sale of All Assets to Jefferson Okayed
------------------------------------------------------------
Judge Gregory L. Taddonio of the U.S. Bankruptcy Court for the
Western District of Pennsylvania authorized William G. Krieger, the
Chapter 11 Trustee of Lawson Nursing Home, Inc., to sell
substantially all of the Debtor's assets to Jefferson Hills
Holdings, LLC for $1.8 million.

A hearing on the Motion was held on Sept. 27, 2019 at 10:00 am.
(ET).  The objection deadline was Sept. 20, 2019 at 4:00 p.m.
(ET).

The sale is free and clear of any and all Liens, with any such
Liens to attach to the proceeds of the sale.

The Successful Bidder will not assume, nor be deemed to assume
responsibility for any liability or obligation of the Debtor and/or
its bankruptcy estate.

Subject to Section 506(b) of the Bankruptcy Code and the Order, the
Chapter 11 Trustee is authorized to pay at closing the following
secured claims of:

     a. Huntington National Bank: (i) $634,330 Loan - $543,030;
(ii) $100,000 Loan - $106,139; (iii) $200,000 Line of Credit (DIP
Loan) - $ 185,476; and (iv) Attorney Fees Thru 9/25/19 - $119,596

     b. Johnson's Pharmaceutical Services, Inc.: Judgment -
$67,537

     c. Commonwealth of PA Dept. of Rev.: Judgment - $853

     d. County of Allegheny: Municipal Liens - $15,971

These amounts are subject to adjustment at or prior to closing,
including but not limited to, additional lending, continuing
interest attorneys' fees and costs.

Further, the Chapter 11 Trustee is authorized, but not required, to
pay those costs and expenses customarily paid at closing on real
estate transactions, including but not limited to, town, county and
school taxes, water, sewer and other similar expenses.  The Chapter
11 Trustee will file a report of the Sale in accordance with Local
Rule 6004-1(c)(4) within seven days of the Closing Date.

Further, at closing, the Chapter 11 Trustee is authorized to pay
those post-petition administrative expenses owed to Trilogy Mission
RX, LLC, doing business as Pharmacy Care Advocates, also known as
PCA Mission Pharmacy, Pennsylvania American Water Co. and A/B
Nursing Home Self Insurance Trust Fund for Workers' Compensation as
set forth in and consistent with the Stipulations and/or Consent
Orders entered by the Court.

For the avoidance of doubt, the Chapter 11 Trustee and the
Successful Bidder may make non-material changes to the APA up to
the Closing Date to fix typographical or other minor errors or
omissions, provided that the Chapter 11 Trustee files a copy of the
final executed APA in the Chapter 11 Case if any modifications are
made to the APA following entry of the Order.

Notwithstanding the provisions of Bankruptcy Rule 6004(h) of the
Bankruptcy Code, the Order will not be stayed for 14 days after
entry and will be effective immediately upon entry.  The Chapter 11
Trustee and the Successful Bidder are authorized to close on the
Sale immediately upon entry of the Order.

The automatic stay provision of Section 362 of the Bankruptcy Code
is vacated and modified to the extent necessary to implement the
provisions of the Order and the terms and conditions of the APA.

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

     http://bankrupt.com/misc/Lawson_Nursing_408_Order.pdf

                    About Lawson Nursing Home

Lawson Nursing Home, Inc., is a nursing home in Jefferson Hills,
Pennsylvania. It is a small facility with 50 beds and has
for-profit, corporate ownership. Lawson Nursing Home sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Pa.
Case No. 18-23979) on October 10, 2018.  In the petition signed by
Derek R. Glaser, president, the Debtor was estimated to have assets
of $1 million to $10 million and liabilities of the same range.

The Debtor tapped Donald R. Calaiaro, Esq., at Calaiaro Valencik as
its legal counsel.

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

William G. Krieger was appointed as the Chapter 11 Trustee of
Lawson Nursing Home.  The Trustee retained Leech Tishman Fuscaldo &
Lampl, LLC, as counsel, and Gleason & Associates, P.C., as
financial advisor.


LMT CAPITAL: Case Summary & 2 Unsecured Creditors
-------------------------------------------------
Debtor: LMT Capital Management LLC
        35 Wireless Way
        Southampton, NY 11968

Business Description: LMT Capital Management LLC owns in fee
                      simple a property located in Southampton,
                      New York having an appraised value of $2.5
                      million.

Chapter 11 Petition Date: October 1, 2019

Court: United States Bankruptcy Court
       Eastern District of New York (Central Islip)

Case No.: 19-76782

Judge: Hon. Louis A. Scarcella

Debtor's Counsel: Harold Seligman, Esq.
                  LONG & TUMINELLO, LLP
                  120 Fourth Avenue
                  Bay Shore, NY 11706
                  Tel: (631) 666-2500
                  Fax: (631) 666-8401
                  E-mail: hseligman@msn.com

Estimated Assets: $1 million to $10 million

Total Liabilities: $1,818,000

The petition was signed by John Liegey, member.

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

         http://bankrupt.com/misc/nyeb19-76782.pdf


MCQUILLEN PLACE: Has Until Oct. 4 to File Chapter 11 Plan
---------------------------------------------------------
McQuillen Place Company LLC has until Oct. 4 to file its Chapter 11
plan and disclosure statement, according to an order signed by
Judge Thad Collins of the U.S. Bankruptcy Court for the Northern
District of Iowa.

McQuillen Place Company, LLC, also known as Classic Cleaners and
Classic Cleaners of Charles City, is a privately held company that
is engaged in activities related to real estate. The company sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Iowa Case No. 19-00507) on April 25, 2019.  In the petition signed
by its member, Charles M. Thomson, the company disclosed assets
ranging between $1 million to $10 million and liabilities of the
same range. The Law Office of Charles M. Thomson serves as its
counsel. The Hon. Thad J. Collins is assigned to the case.


MMM HOLDINGS: Moody's Assigns B1 CFR, Outlook Stable
----------------------------------------------------
Moody's Investors Service assigned a B1 corporate family rating and
(P)B1 senior secured debt ratings to MMM Holdings, LLC. The new
ratings are assigned in connection with Summit Partners' proposed
acquisition of MMM's ultimate parent, InnovaCare, Inc., financed
with new equity, a $550 million 7-year senior, secured term loan
and an $80 million 5-year revolving credit facility. The outlook is
stable.

The following ratings were assigned to MMM Holdings, LLC:

  -- Corporate family rating at B1;

  -- Senior secured term loan rating at (P)B1;

  -- Revolving credit facility at (P)B1;

  -- Outlook is stable.

ICH US Intermediate Holdings II, Inc. and ICH Flow-Through LLC are
co-borrowers on the term loan and revolving credit facility.

Moody's expects to convert the provisional ratings to definitive
ratings at closing and funding of the deal.

RATINGS RATIONALE

The CFR and instrument ratings reflect MMM's operating company's
solid profitability, leading market share in the Puerto Rico
Medicare Advantage (MA) market, and solid MA membership growth of
25% since 2017 amidst favorable reimbursement rate trends after six
years (2011 – 2017) of severe MA reimbursement rate cuts (21%)
pursuant to the Affordable Care Act. Another credit positive is
MMM's vertical integration, including ownership of an independent
physician's network, a medical service organization and chronic
care clinics. These capabilities drive MMM's leading medical loss
ratio in Puerto Rico. Despite a significant increase in debt,
projected 2019 year-end debt-to-EBITDA with Moody's adjustments
remains well under 3.0x on a pro-forma basis.

Credit challenges include MMM's small scale, geographic
concentration in Puerto Rico and the lowest RBC capital ratio among
Moody's rated peers. In addition, the significant goodwill from the
acquisition adversely impacts the quality of capital. With
approximately 520 thousand members, MMM is the smallest health
insurer in Moody's rated universe.

Approximately half of MMM's members are enrolled in Medicare
Advantage and the other half in Medicaid, which is a significant
concentration in government business. Furthermore, almost its
entire business is located in the Commonwealth of Puerto Rico (Ca
negative), which remains under severe financial stress. Medicaid
typically is a shared responsibility between the US federal
government and the "state." The Medicaid risks, however, are
somewhat mitigated because for two reasons: 1) Medicaid contributes
only about 5% of earnings, and; 2) the US is currently paying
basically all the Medicaid costs, although the authorizing
legislation expires at the end of September and has not yet been
extended, a credit risk. Finally, MMM's RBC capital ratio at the
company action level (CAL) was only 100%. While the company is
planning to boost RBC to 125% going forward, it would still be well
below peer levels.

The stable outlook reflects the positive MA reimbursement
environment and solid claims and expense controls which Moody's
believes will continue, along with favorable MA demographic trends
on Puerto Rico as well as south Florida, where MMM has started up a
new MA plan.

RATINGS DRIVERS

Moody's could upgrade MMM if the company meets the following
drivers: 1) risk-based capital ratio at company action level at or
above 150% of company action level; 2) MA membership growth
continues in general and the Florida plan, currently at 2,100
members, achieves 15-20% or more of total MA members; 3) Meaningful
percentage of earnings is from outside Puerto Rico on a sustained
basis while sustaining current profitability metrics.

Conversely, Moody's could downgrade MMM under the following
conditions: 1) risk-based capital ratio at company action remains
below 115%; 2) MA membership drops 10% or more from current levels,
and; 3) debt-to-EBITDA exceeds 3.5x on a sustained basis.

The principal methodology used in these ratings was US Health
Insurance Companies published in May 2018.

InnovaCare, Inc., the parent company of MMM Holdings, is a
privately-owned company incorporated in Puerto Rico and
headquartered in Fort Lee, New Jersey.


MODERN POULTRY: Ex-Worker Has Issues With Disclosure Statement
--------------------------------------------------------------
Caleb Millwood, a creditor, objects to the approval of the
Disclosure Statement and Plan Summary for Modern Poultry Systems,
LLC dated September 26, 2019 in conjunction with the Debtor's Plan
of Reorganization.

Caleb Millwood claims that the termination of Millwood's rights in
the Disclosure Statement does not comport with the minimal Due
Process rights afforded a creditor that has filed a proof of
claim.

Further, according to Millwood, the Debtor has not filed any
affidavit stating it had no Worker's Compensation Insurance
Policies, General Liability Policies, any other insurance policies,
or that it was not a member of any Worker's Compensation fund,
which might provide insurance coverage or payment to Caleb Millwood
for his catastrophic workplace injuries.  Rather, the Debtor has
only filed an Affidavit Regarding Insurance Coverage regarding
inventory and equipment.  

Attorneys for Caleb Millwood:

     Taylor Rouse, (ROU012)
     Joseph M. Cloud, (CLO004)
     CLOUD RYAN & ROUSE, LLC
     525 Madison Street Suite 210
     Huntsville, AL 35801
     Phone: (256) 801-1000
     Fax: (256) 801-0101
     E-mail: taylor@cloudryanlaw.com
            joe@cloudryanlaw.com

                          Terms of Plan

As reported in the TCR, Modern Poultry Systems, LLC, filed a
Chapter 11 plan and accompanying disclosure statement that provides
that holders of general unsecured claims -- in the
amount of $2,273,763 -- will be paid 10 percent of the amount of
their claims over 72 months, with no interest, with total estimated
plan payments to of $1,960.67 per month, beginning in month 12
following the Effective Date of the Plan.  

A full-text copy of the Disclosure Statement dated Aug. 29, 2019,
is available at https://tinyurl.com/y3uo8z6c from PacerMonitor.com
at no charge.

                About Modern Poultry Systems

Modern Poultry Systems, LLC, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Ala. Case No. 19-40259) on Feb.
19, 2019.  At the time of the filing, the Debtor was estimated to
have assets of less than $1 million and liabilities of less than
$500,000.  The case is assigned to Judge James J. Robinson.
Tameria S. Driskill, LLC, is the Debtor's legal counsel.


MONTESQUIEU, INC: New Board Members Named
-----------------------------------------
Montesquieu Inc. et al, filed with the bankruptcy court a notice of
modifications to the plan supplement to their Amended Combined Plan
of Reorganization and Disclosure Statement dated Sept. 26, 2019.

The Plan Supplement is modified to provide that the board members
of the Reorganized Debtors will be (i) Fonda Hopkins, and (ii)
Daren Barone.  The Debtor also shared a copy of the proposed bylaws
that will become effective on the Effective Date.

A copy of the filing from PacerMonitor.com is available at:
https://is.gd/LBL4v1

                     About Montesquieu Inc.

Montesquieu, Inc., is a wine maker headquartered in San Diego,
California that focuses on producing "first-rate boutique" wines
from family-owned and operated vineyards.  The Company is committed
to producing hand-crafted, limited-production, and exquisite
wines.

Montesquieu, Inc., based in San Diego, CA, and its affiliates
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
19-10599) on March 20, 2019.  The Hon. Brendan Linehan Shannon
oversees the case.

In their petitions, Montesquieu, Inc., estimated assets and
liabilities of $100,000 to $500,000; Montesquieu Corporation's
estimated assets of $1 million to $10 million, and estimated
liabilities of $50,000 to $100,000; and WG Best Weinkellerie
estimated assets of $100,000 to $500,000, and estimated liabilities
of $1 million to $10 million.

Mette H. Kurth, Esq., at Fox Rothschild LLP, serves as bankruptcy
counsel to the Debtor.


MORGAN DIRTWORKS: Taps Jimmy L. Veith as Bankruptcy Counsel
-----------------------------------------------------------
Morgan Dirtworks asks the U.S. Bankruptcy Court for the Eastern
District of Oklahoma for authority to employ the law firm of Jimmy
L. Veith PC to represent it in its Chapter 11 proceedings, and to
provide the necessary legal services relating to the Chapter 11
reorganization.

Jimmy L. Veith attests that his law firm represents no interests
adverse to Morgan Dirtworks; Bucky Morgan, the Debtor's President,
CEO and sole stockholder; or any class of creditors.

Mr. Veith will provide his services at an hourly rate of $150 per
hour.  A legal assistant will charge $50 per hour.

                   About Morgan Dirtworks

Morgan Dirtworks, Inc. f/k/a Morgan Development, LLC, is a grading
and excavation contractor in Ardmore, Oklahoma.  The Company filed
for chapter 11 bankruptcy protection (Bankr. E.D. Okla. Case No.
19-81097) on September 23, 2019.  The Hon. Tom R. Cornish oversees
the case.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Bucky
Morgan, its president and CEO.

Jimmy L. Veith PC, Attorney at Law, serves as the debtors'
bankruptcy counsel.



NRG ENERGY: Egan-Jones Raises Senior Unsecured Ratings to B
-----------------------------------------------------------
Egan-Jones Ratings Company, on September 23, 2019, upgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by NRG Energy Incorporated to B from B-.

NRG Energy, Inc. is a large American energy company,
dual-headquartered in Princeton, New Jersey and Houston, Texas. It
was formerly the wholesale arm of Northern States Power Company,
which became Xcel Energy, but became independent in 2000. NRG
Energy is involved in energy generation and retail electricity.


ORANGE COUNTY: Seeks to Extend Exclusivity Period to April 16
-------------------------------------------------------------
Orange County Bail Bonds, Inc. asked the U.S. Bankruptcy Court for
the Central District of California to extend the period during
which only the company can file a Chapter 11 plan of reorganization
to April 16, 2020 and the period to solicit acceptances for the
plan to Aug. 14, 2020.

Orange County Bail said it cannot properly formulate a plan without
knowing the amount of funds it will receive from the sale of a
residential property, which the company intends to use to pay
claims of creditors.  

The company's only disputed secured creditor is Legal Service
Bureau, Inc., which holds a contingent and unliquidated secured
claim of $542,506.  Orange County Bail does not have the funds to
pay the creditor without foreclosing on the property.  Currently,
the company is negotiating with the trustee appointed in the
property owner's Chapter 7 case to liquidate the property.

                 About Orange County Bail Bonds

Orange County Bail Bonds Inc. -- http://www.bailall.com/-- is a
bail bond service headquartered in Santa Ana, Calif. The company is
family owned and operated, and specializes in bail bonds for
drug-related and drunk driving DUI offenses, spousal abuse and
domestic violence charges, prostitution solicitation charges,
felonies, and misdemeanors. Starting in 1963, the company has been
servicing Orange County, Los Angeles, Riverside, San Bernardino,
and San Diego.

Orange County Bail Bonds sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Cal. Case No. 19-12411) on June 21,
2019.  At the time of the filing, the Debtor estimated assets of
less than $1 million and liabilities of between $1 million and $10
million. The case is assigned to Judge Erithe A. Smith.  Marc
Forsythe, Esq., at Goe & Forsythe, LLP is the Debtor's counsel; and
Griffiths Diehl & Company, Inc., as accountant to the Debtor.



PALMER-TECH SERVICES: May Use Cash Collateral Thru Oct. 12
----------------------------------------------------------
Judge Jack B. Schmetterer of the U.S. Bankruptcy Court for the
Northern District of Illinois allows Palmer-Tech Services Inc. to
continue using cash collateral through Oct. 12, 2019 pursuant to a
Court-approved budget.

The Debtor is directed to submit certain documents to PNC Bank
N.A., by Oct. 9, 2019, which documents include a current A/R aging
report; profit and loss statement for the period from Sept. 16 to
Oct. 9, 2019; a balance sheet; and a budget-to-actual analysis of
the expenditures.

A further hearing is set on Oct. 10, 2019 at 10:30 a.m.

A copy of the Agreed Order and the budget can be accessed for free
at:

      http://bankrupt.com/misc/Palmer_Tech_19_Cash_AgreedORD.pdf

                  About Palmer-Tech Services

Palmer-Tech Services Inc. -- https://www.palmercanning.com/ --
located in Chicago, Illinois, assembles, fabricates, and installs
canning machinery for the canned beverage industry.

Palmer-Tech Services filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Ill. Case No. 19-26085) on Sept. 16, 2019 in Chicago,
Illinois.  In the petition signed by Michael Palmer, president, the
Debtor was estimated to have both assets and liabilities ranging
from $1 million to $10 million.  The Hon. Jack B. Schmetterer is
the case judge.  FACTORLAW is the Debtor's counsel.



PURDUE PHARMA: U.S. Trustee Forms 9-Member Committee
----------------------------------------------------
The U.S. Trustee for Region 2 on Sept. 27, 2019, appointed nine
creditors to serve on an official committee of unsecured creditors
in the Chapter 11 cases of Purdue Pharma L.P. and its affiliates.

The committee members are:

     (1) West Boca Medical Center
         21644 Florida Highway
         Boca Raton, Florida 33428  
         Attention: Paige Kesman
         Assistant General Counsel  
         Telephone: (496) 892-2000

      (2) CVS Caremark Part D Services L.L.C.
         CaremarkPCS Health, L.L.C.   
         2211 Sanders Road, NBT-9   
         Northbrook, Illinois 60062  
         Attention: Andrea Zollett
         Senior Legal Counsel   
         Telephone: (847) 599-4106

     (3) LTS Lohmann Therapy Systems Corporation   
         21 Henderson Drive   
         West Caldwell, New Jersey 07006   
         Attention: Stephanie Satz
         General Counsel (US)   
         Telephone: (973) 276-8925

     (4) Blue Cross and Blue Shield Association   
         1310 G Street NW   
         Washington, DC 20005   
         Attention: Brendan Stuhan
         Assistant General Counsel   
         Telephone: (202) 942-1069

     (5) Pension Benefit Guaranty Corporation  
         1200 K Street, NW  
         Washington, DC 20005   
         Attention: Adi Berger, Director   
         Telephone: (202) 326-4000

     (6) Kara Trainor     
   
     (7) Ryan Hampton     

     (8) Cheryl Juaire     

     (9) Walter Lee Salmons
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                        About Purdue Pharma

Purdue Pharma L.P. and its subsidiaries --
http://www.purduepharma.com/-- develop and provide prescription
medicines and consumer products that meet the evolving needs of
healthcare professionals, patients, consumers and caregivers.

Purdue's subsidiaries include Adlon Therapeutics L.P., focused on
treatment for Attention-Deficit/Hyperactivity Disorder (ADHD) and
related disorders; Avrio Health L.P., a consumer health products
company that champions an improved quality of life for people in
the United States through the reimagining of innovative product
solutions; Imbrium Therapeutics L.P., established to further
advance the emerging portfolio and develop the pipeline in the
areas of CNS, non-opioid pain medicines, and select oncology
through internal research, strategic collaborations and
partnerships; and Greenfield Bioventures L.P., an investment
vehicle focused on value-inflection in early stages of clinical
development.

Opioid makers in the U.S. are facing pressure from a crackdown on
the addictive drug in the wake of the opioid crisis and as state
attorneys general file lawsuits against manufacturers.  More than
2,000 states, counties, municipalities and Native American
governments have sued Purdue Pharma and other pharmaceutical
companies for their role in the opioid crisis in the U.S., which
has contributed to the more than 700,000 drug overdose deaths in
the U.S. since 1999.

OxyContin, Purdue Pharma's most prominent pain medication, has Been
the target of over 2,600 civil actions pending in various state and
federal courts and other fora across the United States and its
territories.

On Sept. 15 and 16, 2019, Purdue Pharma L.P. and 23 affiliated
debtors each filed a voluntary petition for relief under Chapter 11
of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No.
19-23649), after reaching terms of a preliminary agreement for
settling the massive opioid litigation facing the Company.

The Company's consolidated balance sheet at Aug. 31, 2019, showed
$1.972 billion in assets and $562 million in liabilities.

U.S. Bankruptcy Judge Robert Drain, in White Plains, New York, has
been assigned to oversee Purdue's Chapter 11 case.

Davis Polk & Wardwell LLP and Dechert LLP are serving as legal
counsel to Purdue. PJT Partners is serving as investment banker,
and AlixPartners is serving as financial advisor.  Prime Clerk LLC
is the claims agent.


RANCHER'S LEGACY: U.S. Trustee Forms 5-Member Committee
-------------------------------------------------------
The U.S. Trustee for Region 12 on Sept. 27, 2019, appointed five
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Rancher's Legacy Meat Company.

The committee members are:

     (1) Creditor: Upper Iowa Beef, LLC        
         4614 Hwy 63
         Circle Springs, IA 52155

         Contact Person: Bart Seebach
         Phone: 563-547-3329    
         Email: seebachlaw.ia@outlook.com  

     (2) Creditor: J&B Partners   
         J&B Wholesale Dist.Inc.     
         13200 43rd St NE   
         St. Michael, MN 55376

         Contact Person: Denise Boock
         Phone: 763-497-3913   
         Email: denise.boock@jbgroup.com

     (3) Creditor: Empirical Foods, Inc.   
         d/b/a NVM Distribution, LLC    
         950 Willow Drive   
         Dakota Dunes, SD 57049

         Contact Person: Rich Jochum
         Phone: 605-217-8032  
         Email: RJochum@empiricalfoods.com  

     (4) Creditor: Ben E. Keith Company    
         7650 Will Rogers Blvd   
         Fort Worth, TX 76140

         Contact Person: Dan Harvick  
         Phone: 817-759-6337  
         Email: dlharvick@benekeith.com

     (5) Creditor: Great Plains Beef LLC    
         PO Box 82545   
         Lincoln, NE 68501

         Contact Person: Don Straight
         Phone: 402-326-5914  
         Email: don-straight@piedmontefe.com
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                   About Rancher's Legacy Meat

Rancher's Legacy Meat Co. -- https://rancherslegacy.com/ -- owns
and operates an animal slaughtering and processing facility in
Vadnais Heights, Minn.  Rancher's Legacy Meat was built to produce
fresh and frozen ground meat in patty and bulk configurations.

Rancher's Legacy sought Chapter 11 protection (Bankr. D. Minn. Case
No. 19-32928) on Sept. 20, 2019.  In the petition signed by Arlyn
J. Lomen, president, the Debtor listed total assets of $13,291,000
and total liabilities of $26,897,956 as of the petition date.
Judge Michael E. Ridgway is assigned the case.  Foley & Mansfield
P.L.L.P., represents the Debtor.


RANCHER’S LEGACY: May Continue Using Cash Until Final Hearing
---------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Minnesota authorizes
Rancher's Legacy Meat Co., to use cash collateral through the final
hearing on Oct. 23, 2019, pursuant to the budget.

The budget provides for $532,810 in total disbursements for the
first week of October 2019, a copy of which can be accessed for no
charge at:
   
       http://bankrupt.com/misc/Ranchers_Legacy_25_Cash_Ord.pdf

The Debtor may grant replacement liens to James L. Ratcliff and ULF
in the same priority and effect as their respective interests.  

A final hearing on the motion is set for 9 a.m. on Oct. 23.

                  About Rancher's Legacy Meat

Rancher's Legacy Meat Co. -- https://rancherslegacy.com/ -- owns
and operates an animal slaughtering and processing facility in
Vadnais Heights, Minnesota.  Rancher's Legacy Meat was built to
produce fresh and frozen ground meat in patty and bulk
configurations.

Rancher's Legacy sought Chapter 11 protection (Bankr. D. Minn. Case
No. 19-32928) on Sept. 20, 2019.  In the petition signed by Arlyn
J. Lomen, president, the Debtor listed total assets of $13,291,000
and total liabilities of $26,897,956 as of the Petition Date.  

Judge Michael E Ridgway is assigned the case.  FOLEY & MANSFIELD
P.L.L.P., represents the Debtor.


REGAL ROW FINA: Gets Access to $39K Cash for A Month's Operation
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas
approves the motion filed by Regal Row Fina, Inc. to use $39,401 in
cash collateral pursuant to the budget, a copy of which can be
accessed for free at:

       http://bankrupt.com/misc/Regal_Row_35_Cash_InterimORD.pdf

Pursuant to the Interim Order:

   (a) The Court directs the Debtor to timely file and pay all tax
obligations including the payment of postpetition payroll taxes,
postpetition payroll deposits and filing of postpetition employee
tax returns.

   (b) The Court grants the Secured Lender replacement liens and
security interests co-extensive with its prepetition liens, which
liens are automatically perfected.

   (c) The Court further directs the Debtor to deposit into a DIP
account all cash and accounts receivables collected by the Debtor
postpetition.  

The Court will convene a final hearing on Oct. 16, 2019 at 1:30
p.m.  Objections must be filed no later than 4 p.m. of Oct. 14,
2019.  

                       About Regal Row Fina

Regal Row Fina, Inc., sought Chapter 11 protection (Bankr. N.D.
Tex. Case No. 19-33060) in Dallas, Texas, on Sept. 11, 2019.  Joyce
W. Lindauer Attorney, PLLC, is the Debtor's counsel.  No trustee or
examiner, nor an official committee has been appointed in the
Debtor's case.


RONALD BUSCHMANN: $188K Sale of On Target Membership Interest OK'd
------------------------------------------------------------------
Judge Andrea K. McCord of the U.S. Bankruptcy Court for the
Southern District of Indiana authorized Ronald E. Buschmann's
private sale of 100% membership interest in On Target Training
Professionals, LLC to P.A.B. Properties, LLC, for $188,000,
pursuant to the terms of the Member Interest Sale Agreement.

The Debtor will make from the proceeds of the sale a
pre-confirmation distribution to the Kentucky Department of Revenue
equal to the sale price, in partial satisfaction of its priority
claim.

Ronald E. Buschmann sought Chapter 11 protection (Bankr. S.D. Ind.
Case No. 19-90168) on Feb. 4, 2019.  The Debtor tapped William P.
Harbison, Esq., at Seiller Waterman, LLC, as counsel.


ROOFTOP GROUP: U.S. Trustee Appoints 2 New Committee Members
------------------------------------------------------------
The Office of the U.S. Trustee on Sept. 27, 2019, disclosed in a
court filing that Chiat Thian Chew and Polar Ventures Overseas
Limited were appointed as new members of the official committee of
unsecured creditors in Rooftop Group International Pte. Ltd.'s
Chapter 11 case.

As of Sept. 27, the committee members are:

     (1) Brian Dlugash 4A
         12 Shipyard Lane Quarry Lane
         Hong Kong Hong Kong
         Phone: +852 27112474 ext. 769
         Fax: +852 28563488
         Email: bdd@wpl.com.hk

     (2) PICA Australia Pty., Ltd.
         c/o Sian Mimmo, Managing Director
         11/37 Kellor Park Drive
         Kellor Park 3042 Australia
         Phone: +61 39336 7336
         Fax: +61 39336 4336
         Email: sian@pica.com.au

     (3) Begaline Limited
         c/o Tan Aik Keong, Director
         Vanterpool Plaza, 2nd Floor
         Wickams Cay1, Road Town
         Tortola, British Virgin Islands

         Mailing Address: 57B Devonshire Road #15-06  
         Singapore 239899  
         Phone: +65 97331799  
         Email: aikkeong@gmail.com

     (4) Chiat Thian Chew
         74 Robinson Road, Block 1
         Apt. 12B, Midlevels
         Hong Kong
         Phone: +852-512-988-00
         Email: Thian.chew@polar-ventures.com

     (5) Polar Ventures Overseas Limited
         c/o Alan Yamashita, Managing Partner
         Rooms 703-704, 7th Floor, Wing On House
         71 Des Voeux Road, Central
         Hong Kong
         Phone: +852-910-410-60
         Alan.yamashita@polar-ventures.com

                   About Rooftop Group Int'l

Rooftop Group International Pte. Ltd. is a private limited company
organized under the laws of Singapore.  It was formed to hold
certain intellectual property assets, including registered
trademarks and patents, relating to the manufacture and sale of
hobby-grade drones under the name Propel RC(R).  At present, it has
no operations and has no employees, and its remaining assets are
composed almost entirely of certain patents, trademarks, and other
intellectual property.  In addition, it licenses certain of its
trademarks to Amax Industrial Group China Co, Ltd., under a
nonexclusive license agreement.

Certain of Rooftop Group's prepetition secured creditors commenced
collection actions against the Debtor in Singapore courts
pertaining to prepetition debt obligations under which the Debtor
was either a primary obligor or guarantor.  The Debtor's
intellectual property assets are not encumbered by any lien or
security interest; however, a portion of the outstanding equity in
the Debtor is pledged to secure repayment of certain of the
Debtor's prepetition obligations and certain prepetition creditors
assert liens on certain asset classes other than intellectual
property.

To preserve the value of its intellectual property assets for the
benefit  of all its unsecured creditors, on April 30, 2019, the
Debtor filed a voluntary petition for relief under chapter 11 of
the Bankruptcy Code (Bankr. N.D. Tex. Case No. 19-31443).  In the
petition  signed by Darren Matloff, director, the Debtor estimated
$1 million to $10 million in assets and $50 million to $100 million
in liabilities.  The Hon. Harlin DeWayne Hale oversees the case.
The Debtor is represented by Reed Smith LLP.

The Office of the U.S. Trustee on June 13, 2019, appointed three
creditors to serve on an official committee of unsecured creditors
in the Chapter 11 case.  The committee is represented by Barnes &
Thornburg LLP.


SAFE HARBOR: Proposes $150K Financing From SHC Holdings
-------------------------------------------------------
Safe Harbor Construction Group Inc. seeks permission from the U.S.
Bankruptcy Court for the District of New Jersey to obtain secured
financing of up to $150,000 from SHC Holdings.  

The Debtor proposes that SHC Holdings be permitted to enter into
secured financing with Velocity Commercial Capital LLC for up to
$332,500, which funds will be disbursed: (i) for the satisfaction
of a settlement amounting to $100,000 with Daniel Smith and Vitoria
Simon; and (ii) for the settlement of claims under the Windowrama
Judgment.  The balance will be used for the DIP Financing agreement
between the Debtor and SHC Holdings.

The $150,000 financing from SHC Holdings will be on these terms:

    * SHC will provide for a period of 10 years a line of credit
for the Debtor in the principal amount of $150,000.

    * All sums will bear interest at 9% simple interest per annum.

A hearing on the motion is set for 10 a.m. on Oct. 22, 2019.

SHC Holdings' attorneys:

     Darren M. Baldo, Esq.
     BALDO LAW FIRM
     4093 QUakerbridge Rd.
     Princeton Jet, NJ 08550

                 About Safe Harbor Construction

Safe Harbor Construction Group Inc. sought Chapter 11 protection
(Bankr. D.N.J. Case No. 19-24968) on Aug. 1, 2019 in Trenton, New
Jersey.  Steven J. Abelson, Esq., at ABELSON & TUESDALE, is the
Debtor's counsel.


SAHBRA FARMS: Exclusivity Period Extended Until Jan. 13
-------------------------------------------------------
Judge Alan Koschik of the U.S. Bankruptcy Court for the Northern
District of Ohio extended the period during which only Sahbra Farms
Inc. can file a Chapter 11 plan through the earlier of 45 days
after the Ohio Supreme Court issues a decision in the case of
Shelley Materials, Inc. v. The City of Streetsboro, or Jan. 13,
2020.

Sahbra Farms Inc. -- a horse breeder in Streetsboro, Ohio -- sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Ohio Case No. 19-51155) on May 16, 2019.  In the petition signed by
its president, David Gross, the Debtor diclosed $3,286,476 in
assets and $2,684,224 in debts.  The Hon. Alan M. Koschik is the
case judge. The Debtor is represented by Thomas W. Coffey, Esq. at
Coffey Law LLC.



SCOTTY'S HOLDINGS: $20K Sale of A Pots' Vehicles to Sun King Okayed
-------------------------------------------------------------------
Judge Jeffrey J. Graham of the U.S. Bankruptcy Court for the
Southern District of Indiana authorized Scotty's Holdings, LLC and
its debtor-affiliates to sell A Pots & Pans Production, LLC's two
vehicles: (i) a 2014 Mercedez Benz Sprinter 3500, with a VIN ending
in 1716, and (ii) a 2015 Nissan NV 1500/2500, with a VIN ending in
4208, to Sun King Brewing Co., LLC for $20,000.

The Debtor will hold the Vehicle's Sale Proceeds in its counsel's
trust account subject to further order of the Court.

The provisions of this order will become effective immediately.
The Rule 6004(h) 14-day stay is waived.

                     About Scotty's Holdings

Scotty's Brewhouse is a craft beer sports bar with 16 locations
throughout Indiana, Illinois, Ohio, Florida, and Texas.  The
original Scotty's Brewhouse was opened in Muncie, Indiana in 1996.

Scotty's Holdings, LLC, and its affiliates, including Scotty's
Brewhouse, filed voluntary petitions seeking relief under Chapter
11 of the Bankruptcy Code (Bankr. S.D. Ind. Lead Case No. 18-09243)
on Dec. 11, 2018.  In the petitions signed by Berekk Blackwell,
executive manager, Scotty's Holdings estimated $1 million to $10
million in both assets and liabilities and Scotty's Brewhouse
estimated $100,000 to $500,000 in both assets and liabilities.

The Debtors hired Quarles & Brady LLP, and Hester Baker Krebs LLC,
as attorneys.



SCOTTY'S HOLDINGS: $41K Sale of Liquor License/Wine Inventory OK'd
------------------------------------------------------------------
Judge Jeffrey J. Graham of the U.S. Bankruptcy Court for the
Southern District of Indiana authorized Scotty's Holdings, LLC and
its debtor-affiliates to sell to Chatham Tap Butler, LLC, Scotty's
Brewhouse Butler, LLC's (i) liquor license, no. RR49-31969, for
$40,000; and (ii) unopened wine and alcohol, consisting of
approximately 65 bottles of various liquors and approximately 35
bottles of red table-wine, for $725.

All terms of the Asset Purchase Agreement are approved.

The Court directs the Indiana Alcohol and Beverage Commission to
allow the transfer of the License from the Debtor to the Purchaser
consistent with Indiana Code 7.1-3-24-8 subject to any further
requirements of the Indiana Code.

The Purchaser will legally be entitled to operate under the License
after the Purchaser has complied with Indiana Code 7.1-3-24-10 and
obtained the chairman's approval.

The Debtor will hold the License's Sale Proceeds in its counsel's
trust account subject to further order of the Court.

The Inventory's Sale Proceeds will be paid to Huntington National
Bank at closing.

The License's Sale Proceeds will be subject to liens, claims,
interests, and encumbrances, if any, in the same manner and
priority as they exist on the date of this order.  The Debtor and
any person or entity claiming or asserting a lien, claim, interest,
and/or encumbrance in the License or the License's Sale Proceeds
will have their rights reserved to assert such interest in the
License's Sale Proceeds at a later time.

The provisions of the Order will become effective immediately.  The
Rule 6004(h) 14-day stay is waived.

                     About Scotty's Holdings

Scotty's Brewhouse is a craft beer sports bar with 16 locations
throughout Indiana, Illinois, Ohio, Florida, and Texas.  The
original Scotty's Brewhouse was opened in Muncie, Indiana in 1996.

Scotty's Holdings, LLC, and its affiliates, including Scotty's
Brewhouse, filed voluntary petitions seeking relief under Chapter
11 of the Bankruptcy Code (Bankr. S.D. Ind. Lead Case No. 18-09243)
on Dec. 11, 2018.  In the petitions signed by Berekk Blackwell,
executive manager, Scotty's Holdings estimated $1 million to $10
million in both assets and liabilities and Scotty's Brewhouse
estimated $100,000 to $500,000 in both assets and liabilities.

The Debtors hired Quarles & Brady LLP, and Hester Baker Krebs LLC,
as attorneys.


SIENNA BIOPHARMACEUTICALS: U.S. Trustee Forms 3-Member Committee
----------------------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on Sept. 27, 2019,
appointed three creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of Sienna
Biopharmaceuticals, Inc.

The committee members are:

     (1) Therapeutics, Inc.
         Attn: Daniel Placquadio
         9025 Balboa Avenue, Suite 100
         San Diego, CA 92123
         Phone: 858-571-1800, Ext 107
         Fax: 858-571-1234   

     (2) Johnson Matthey, Inc.  
         Attn: Amy Donohue-Babiak
         435 Devon Park Drive, Suite 600
         Wayne, PA 19087-1998
         Phone: 610-971-3084
         Fax: 610-971-3022   

     (3) MedPharm Ltd.
         Attn: Eric Evans, Unit 1
         Chancellor Court, 50 Occam Road
         Guildford Surrey GU2 7AB UK
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                  About Sienna Biopharmaceuticals

Sienna Biopharmaceuticals, Inc. -- http://www.SiennaBio.com/-- is
a clinical-stage biopharmaceutical company focused on bringing
unconventional scientific innovations to patients whose lives
remain burdened by their disease.  It hopes to build a unique,
diversified, multi-asset portfolio of therapies in immunology and
inflammation that target select pathways in specific tissues, with
its initial focus on one of the most important 'immune' tissues,
the skin.

The Debtor disclosed $107,625,000 in assets and $80,642,000 in
liabilities as of June 30, 2019.

Sienna Biopharmaceuticals sought Chapter 11 protection (Bankr. D.
Del. Case No. 19-12051) on Sept. 16, 2019.

The Hon. Mary F. Walrath is the case judge.

The Debtor tapped Young Conaway Stargatt & Taylor LLP as counsel;
Latham & Watkins LLP as co-counsel; Cowen and Company LLC as
investment banker; and Force 10 Partners as financial advisor.
Epiq Corporate Restructuring LLC is the claims agent.


SOMERVILLE BREWING: Wants to Use Cash Collateral Thru Oct. 31
-------------------------------------------------------------
Somerville Brewing Company asks the U.S. Bankruptcy Court for the
District of Massachusetts to authorize use of up to $280,000 in
cash collateral through Oct. 31, 2019, pursuant to the budget.  The
Debtor discloses that it has $37,449.60 of cash on hand and
accounts receivable.

The 30-day budget provides for $68,700 in cost of sales; $151,230
in operating expenses of which $88,000 is for payroll; and $25,100
for rent, among others.  A copy of the budget can be accessed for
free at: http://bankrupt.com/misc/Somerville_6(1)_Cash_Budget.pdf

The Debtor also seeks to use non-cash collateral in order to
continue operations.  It has approximately over $2,113,800 in
physical and intangible assets including brewery and restaurant
equipment, kegs and cooperage, perishable and non-perishable
inventory, as well as eight capital leases for equipment, among
others.

As adequate protection, the Debtor proposes to grant its secured
creditors with replacement liens on the cash proceeds and other
collateral acquired post-petition in the same amount and priority
enjoyed before the Petition Date.
                                        
                 About Somerville Brewing Co.

Somerville Brewing Company, a/k/a Slumbrew, d/b/a American Fresh
Brewhouse, produces a wide variety of traditional and experimental
Slumbrew brand beer styles.

Somerville Brewing Company filed a Chapter 11 bankruptcy petition
(Bankr. D. Mass. Case No. 19-13300) on Sept. 27, 2019 in Boston,
Massachusetts.  In the petition signed by Jeffrey Leiter, the
Debtor's president and treasurer, the Debtor was estimated to have
assets between $1 million to $10 million and liabilities within the
same range as of the bankruptcy filing.  The Hon. Frank J. Bailey
is the case judge.  Parker & Lipton is the Debtor's counsel.


SONJA COLBERT: $813K Sale of Oakland Property to IPX Approved
-------------------------------------------------------------
Judge Charles Novack of the U.S. Bankruptcy Court for the Northern
District of California authorized Sonja Nicolle Colbert's sale of
the real property located at 1109 Seminary Avenue, Oakland,
California to IPX 1031 Exchange Services, Inc., as qualified
intermediary for Andrew Woodside Carter, for $812,500.

A hearing on the Motion was held on Sept. 17, 2019 at 10:00 a.m.

The Debtor is authorized to (i) pay all necessary closing costs
from the proceeds of sale of the Real Property; (ii) make payment
of a broker's commission in the amount of $20,313 from the proceeds
of sale of the Real Property; and (iii) pay the deed of trust of
Wells Fargo Bank in full pursuant to its payment demand.

The sale is free and clear of the deed of trust recorded July 24,
2000 as Instrument No. 2000218719 of Official Records in the amount
of $55,694 currently in favor of CIT Group, Inc.

Any proceeds remaining from the sale will be held by Asset Exchange
Company and will not be dispersed without further Order of the
Court.

The lien of CIT Group, Inc. will attach to the Net Proceeds pending
further Order of the Court in the same order of priority, validity,
force, and effect that the lienholders had prior to the sale,
subject to any claims or defenses the Debtor may possess with
respect to each lien.

The Bankruptcy Rule 6004(h) is waived.

Sonja Nicolle Colbert sought Chapter 11 protectin (Bankr. N.D. Cal.
Case No. 19-41729) on July 30, 2019.  The Debtor tapped Marc
Voisenat, Esq., at Law Offices of Marc Voisenat, as counsel.



SUNPOWER CORP: Egan-Jones Lowers Sr. Unsec. Ratings to CCC-
-----------------------------------------------------------
Egan-Jones Ratings Company, on September 23, 2019, upgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by SunPower Corporation to CCC- from CCC.

Headquartered in San Jose, California, SunPower Corporation is an
American energy company that designs and manufactures crystalline
silicon photovoltaic cells and solar panels based on an
all-back-contact solar cell invented at Stanford University.


TAJAY RESTAURANTS: Seeks to Extend Exclusivity Period to Jan. 15
----------------------------------------------------------------
Tajay Restaurants, Inc. asked the U.S. Bankruptcy Court for the
Western District of Texas to extend the period during which only
the company and its affiliates can file a Chapter 11 plan to Jan.
15, 2020, and the period to solicit acceptances for the plan to
March 15, 2020.

The requested extension, if granted, will provide the companies
with sufficient time to complete the sale of their assets and
negotiate a successful completion of their Chapter 11 cases.

The companies have made significant progress in furtherance of
proposing a plan. Among other things, they have obtained court
approval for the sale of substantially all of their assets and are
in the process or marketing the assets in preparation for the
upcoming auction.

The companies are working towards the sale with the support and
consent of the lender, the unsecured creditors' committee and other
key stakeholders. They anticipate closing the sale by Dec. 31, and
anticipate promptly filing a plan to successfully conclude their
cases immediately following the sale.

                   About Tajay Restaurants

Restaurant owners Tajay Restaurants Inc. and its subsidiaries
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
W.D. Tex. Lead Case No. 19-70067) on May 16, 2019.  The petitions
were signed by Omar Misleh, authorized agent. At the time of the
filing, the Debtors estimated assets of between $1 million and $10
million, and liabilities of the same range.  The cases are assigned
to Judge Tony M. Davis. Waller Lansden Dortch & Davis, LLP is
serving as its legal counsel.

No request for the appointment of a trustee or examiner has been
made. An official committee of unsecured creditors was appointed on
June 4, 2019.



TENNECO INC: Fitch Affirms BB- LongTerm IDR, Outlook Stable
-----------------------------------------------------------
Fitch Ratings affirmed the Long-Term Issuer Default Rating of
Tenneco Inc. at 'BB-'. In addition, Fitch has affirmed TEN's
secured revolving credit facility, secured term loan and senior
secured note ratings at 'BB+'/'RR1'. Fitch has also affirmed TEN's
senior unsecured note rating at 'BB-'/'RR4'.

Fitch's ratings apply to a $1.5 billion secured revolving credit
facility, $3.4 billion in secured term loans, $1.2 billion in
senior secured notes and $725 million in senior unsecured notes.

The Rating Outlook for TEN is Stable.

KEY RATING DRIVERS

Ratings Overview: TEN's ratings are supported by its strong market
position as a top global supplier of powertrain, emission control,
ride control, and aftermarket vehicle components. Fitch expects
demand for TEN's emission control products to remain strong over
the intermediate term as global emissions requirements for light,
commercial and off-highway vehicles continue to tighten. Fitch also
expects the ride-control business to have solid demand prospects
over the long term as the global auto industry looks to offer
increasingly sophisticated suspension systems, and growth in these
products will be supported by the industry's shift toward electric
and automated vehicles. Fitch expects demand for TEN's name-brand
aftermarket products to remain strong, with good growth prospects
in emerging markets on a higher vehicle population, even if new
vehicle sales decline. On the other hand, TEN's powertrain
business, while likely to see solid demand over the intermediate
term, is at risk over the longer term as increased electrification
and internal combustion engine downsizing will likely result lower
overall demand for traditional powertrain components.

TEN's ratings also reflect the substantial increase in the
company's leverage that resulted from the company's acquisition of
Federal-Mogul LLC (FM) in October 2018. TEN funded the acquisition
through a combination of cash, incremental borrowing and stock, and
it assumed much of FM's on- and off-balance sheet debt. As a result
of the acquisition, TEN ended 2018 with about $6.5 billion in debt
(including off-balance sheet factoring), up from about $1.8 billion
at YE 2017. Fitch estimates pro-forma gross EBITDA leverage
following the closing was about 4.3x, nearly double TEN's
pre-acquisition leverage of 2.2x at YE 2017.

Planned Separation: Following TEN's acquisition of FM, it has been
focused on assimilating FM's operations into TEN's legacy business
and achieving the expected synergies laid out at the time of the
acquisition announcement. In addition, following the combination of
the two companies, TEN plans to split into two separate companies:
a powertrain and emission control company (New Tenneco) and an
aftermarket and ride performance company (DRiV). The separation was
originally expected to occur about a year after the closing of the
FM acquisition, or around the late third or early fourth quarter of
2019. TEN now expects the separation to take place around the
middle of 2020.

Although TEN has delayed the separation, the company continues to
work on achieving the planned acquisition synergies, and the delay
has not affected TEN's ratings. Because of continued uncertainty
around the exact structure of the New Tenneco and DRiV businesses,
Fitch's rating analysis is based on the company's current
organizational structure and does not make any assumptions about
the timing or structure of the separation.

Key Rating Concerns: Rating concerns include industry cyclicality,
volatile raw material costs, and industry technological change.
Cyclical risk is partially mitigated by the company's increased
presence in the automotive aftermarket space following the FM
acquisition, as it tends to be less economically sensitive than
sales to original equipment manufacturers (OEMs). Also offsetting
the effect of cyclicality are ever-tightening global emissions
regulations, which Fitch expects will drive secular growth in the
market for TEN's emissions control products. As with other auto
suppliers, TEN seeks to minimize the effect of volatility in raw
material prices by passing along a substantial portion of the
change in its material costs to its customers. Technological
change, especially the shift toward electrified powertrains, will
be a long-term challenge for New Tenneco but in the near term, it
is expected to have only a limited impact. Fitch expects the
effects of technological change will be less pronounced on DRiV's
business.

Increasing FCF: Fitch expects TEN's FCF to be slightly negative in
2019, in part due to restructuring expenses and other cash costs
tied to the FM acquisition and the upcoming separation. However,
Fitch expects FCF to improve in 2020, with FCF margins rising
toward 2%. Fitch expects capex as a percentage of revenue to run
roughly in the 3.5% to 4.0% range through 2020, which is generally
in line with normalized historical levels over the past several
years. FCF in the LTM ended June 30, 2019, was a usage of ($629)
million, equal to a -4.0% FCF margin. Fitch's FCF calculation is
adjusted for the effect of period-to-period changes in off-balance
sheet factored receivables, which Fitch treats as a change in
financing cash flows. FCF going forward will be supported by TEN's
decision to suspend its common dividend in the second quarter of
2019, which Fitch estimates will increase FCF by about $20 million
per quarter.

Improving Leverage and Coverage: Fitch expects TEN's gross EBITDA
leverage (debt, including off-balance sheet
factoring/Fitch-calculated EBITDA) to be in the low-4x range at YE
2019 and to decline toward the mid-3x range through 2020. Fitch
expects funds from operations (FFO) adjusted leverage to end 2019
in the mid-7x range and to decline toward the 5x range through
2020. Fitch expects FFO adjusted leverage will be inflated over
intermediate term as a result of lower FFO as the company
restructures its business following the FM acquisition and prepares
for the separation. Actual gross EBITDA leverage was 6.3x and FFO
adjusted leverage was 11.7x at June 30, 2019, but both metrics were
negatively affected by the timing of the FM acquisition.

Fitch expects total debt, including off-balance sheet factoring, to
end 2019 around $6.4 billion and to decline toward $6.1 billion
through 2020 as the company uses FCF to reduce debt, in part to
prepare for the separation. Actual debt, including off-balance
sheet factoring, was $6.8 billion at June 30, 2019.

Fitch expects TEN's FFO fixed charge coverage to be about 2x at YE
2019 and to rise toward 3x through 2020 as a result of
substantially higher FFO and declining debt levels. Actual FFO
fixed charge coverage at June 30, 2019 was 1.7x, but this was
negatively affected by the timing of the FM acquisition. Fitch
expects EBITDA interest coverage (LTM EBITDA/gross interest
expense) to end 2019 in the mid-4x range and to rise toward 5x
through 2020. As of June 30, 2019, TEN's actual EBITDA interest
coverage was 4.4x, but this was also affected by the FM acquisition
timing.

Antitrust Investigations: in 2014 antitrust authorities in various
jurisdictions began investigating possible violations of antitrust
laws by multiple automotive parts suppliers, including TEN.
However, the European Commission's (EC) closed the case without
penalty in April 2017 and the U.S. Department of Justice (DOJ) has
granted conditional leniency through the Antitrust Division's
Corporate Leniency Policy. The DOJ's leniency policy limits TEN's
exposure, and in exchange for the company's self-reporting and
continuing cooperation with the DOJ's investigation, the DOJ will
not bring any criminal antitrust prosecution nor seek any criminal
fines or penalties against TEN.

TEN and certain of its competitors are also currently defendants in
civil putative class action litigation in the U.S. and Canada
related to the antitrust investigations. However, because TEN
received conditional leniency from the DOJ, its civil liability in
the U.S. follow-on actions is limited to single damages, and it
will not be jointly and severally liable with the other defendants.
TEN established a $132 million reserve in 2017 for settlement costs
to resolve its antitrust matters, which primarily involves the
resolution of civil suits and related claims. Through June 30,
2019, TEN had paid $79 million to resolve various claims related to
the investigation.

Ratings Notching: TEN's secured revolver, Term Loan A, Term Loan B
and senior secured notes all have a recovery rating of 'RR1' and
are rated two notches above TEN's Long-Term IDR, reflecting their
substantial collateral coverage, which includes virtually all of
the company's U.S. assets and up to 66% of the stock of its
first-tier foreign subsidiaries. TEN's senior unsecured notes have
recovery rating of 'RR4', reflecting Fitch's expectations for an
average recovery in a distressed scenario.

DERIVATION SUMMARY

Following its acquisition of FM, TEN has a relatively strong
competitive position focusing on powertrain, clean air and ride
control technologies for automotive, commercial vehicle and
off-road machinery OEMs, as well as a large presence in branded
automotive aftermarket parts and components. The company's Tier 1
technologies are likely to grow in demand over the intermediate
term as its OEM customers increasingly focus on ways to improve
powertrain fuel efficiency, reduce emissions and improve vehicle
ride quality. At the same time, the company's aftermarket business
will insulate it somewhat from the heavier cyclicality of the Tier
1 business, while providing growth opportunities as the on-road
vehicle fleet ages in both developed and developing markets.

Although the company's clean air and powertrain businesses could
come under pressure over the longer term as the global auto
industry increasingly focuses on vehicle electrification, over the
intermediate term, tightening regulations on emissions from
internal combustion engines will likely drive increased demand for
TEN's emission control products. At the same time, growing demand
for increasingly sophisticated active suspension systems is likely
to drive increased profitability in TEN's ride control business.
However, compared with certain auto suppliers that focus on
high-technology vehicle safety and automation systems, such as
Aptiv PLC (BBB/Stable) or Visteon Corporation, TEN's business is
primarily tied to traditional engine and suspension products that
affect vehicle performance characteristics.

In terms of size, TEN is among the largest U.S. auto suppliers, but
it is smaller than the largest global auto suppliers, such as
Continental AG (BBB+/Stable), Magna International Inc. or Robert
Bosch GmbH (F1). Fitch expects TEN's margins to be roughly
consistent with issuers in the high-'BB' range over the
intermediate term. However, Fitch expects the company's credit
protection metrics, particularly leverage and coverage, will be
more consistent with a low-'BB' IDR, even after synergies resulting
from the Federal-Mogul acquisition.

TEN plans to split into two separate companies by mid-2020: an
aftermarket and ride performance business and a powertrain
technologies business. TEN's ratings are based on the company's
current organizational structure and do not consider the planned
separation of the business.

KEY ASSUMPTIONS

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

  -- Fitch's Base Case assumes that U.S. light vehicle sales run at
about 16.9 million units in 2019, down about 2% from 2018, while
global sales decline in the low-single-digit range.

  -- After 2019, U.S. industry sales run in a 16.5 million to 17
million unit range for several years, while global sales rise at a
low-single-digit rate.

  -- Fitch's modeling considers the consolidated company, New
Tenneco and DRiV, as a single entity through the forecast.

  -- Expense and working capital synergies are achieved according
to the company's plans;

  -- Capital spending runs at about 4% of revenue through the
forecast, reflecting the company's ongoing investments to support
new product programs and geographical growth;

  -- Off-balance sheet factoring remains at roughly $1 billion
through the forecast period;

  -- The company pulls back on most share-repurchase activity over
the next several years as it focuses on leverage reduction;

  -- The company keeps roughly $350 million in consolidated cash on
hand (excluding adjustments for not readily available cash).


RATING SENSITIVITIES

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

  -- An increase in TEN's value-added FCF margin to about 3% on a
consistent basis;

  -- A sustained decline in post-acquisition EBITDA leverage to
3.0x or lower;

  -- A sustained decline in post-acquisition FFO-adjusted leverage
to 3.5x or lower;

  -- A sustained increase in post-acquisition FFO fixed-charge
coverage to 3.5x or higher.

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

  -- A severe decline in global vehicle production that leads to
reduced demand for TEN's products;

  -- A sustained decline in the post-acquisition value-added FCF
margin to breakeven or below;

  -- An inability to reduce post-acquisition EBITDA leverage to
below 4.0x over the intermediate term;

  -- An inability to reduce post-acquisition FFO-adjusted leverage
to below 4.5x over the intermediate term;

  -- An inability to maintain post-acquisition FFO fixed-charge
coverage above 3.0x;

  -- An adverse outcome from the ongoing antitrust investigation
that leads to a significant decline in liquidity or an increase in
leverage.

LIQUIDITY AND DEBT STRUCTURE

Solid Liquidity: Fitch expects TEN's liquidity to remain solid. As
of June 30, 2019, TEN had $384 million of unrestricted cash and
cash equivalents. In addition to its cash, TEN had $1.2 billion in
availability on its $1.5 billion secured revolver, after accounting
for $250 million in outstanding borrowings and $20 million in
letters of credit backed by the facility.

Based on its criteria, Fitch treats cash needed to cover seasonal
needs and other obligations, as "not readily available" for
purposes of calculating net metrics. Due to the seasonality in
TEN's business, Fitch has treated $285 million of TEN's
consolidated cash at June 30, 2019 as not readily available.

Debt Structure: TEN's debt structure primarily consists of
borrowings on its secured credit facility (which includes a Term
Loan A, Term Loan B and revolver), senior secured notes that were
assumed as part of the FM acquisition, senior unsecured notes and
off-balance sheet factoring that Fitch treats as debt.

TEN's off-balance sheet factoring includes the effect of supply
chain financing programs that the company has with some of its
aftermarket customers to whom the company has entered into extended
payment terms. If the financial institutions involved in these
programs were to curtail or end their participation, TEN might need
to borrow from its revolver to offset the effect, but it could also
mitigate at least a portion of the effect by exercising its
contractual right to shorten the payment terms with these
particular aftermarket customers.

SUMMARY OF FINANCIAL ADJUSTMENTS

Fitch has adjusted TEN's debt to include off-balance-sheet factored
receivables.


THOMAS COOK: Chapter 15 Case Summary
------------------------------------
Three affiliates that concurrently filed voluntary petitions for
relief under Chapter 15 of the Bankruptcy Code:

    Chapter 15 Debtor                            Case No.
    -----------------                            --------
    Thomas Cook Group plc (Lead Case)            19-12984
    200 Aldersgate
    London EC1A 4HD
    United Kingdom

    Thomas Cook Group Treasury Limited           19-12985

    Thomas Cook Finance 2 plc                    19-12986

Business Description: Thomas Cook Group plc --
                      https://www.thomascookgroup.com/ -- was a
                      British global travel group that
                      operated in two separate segments:
                      a tour operator and an airline.  On
                      Sept. 23, 2019 Thomas Cook went into
                      compulsory liquidation.

Chapter 15
Petition Date:        September 16, 2019

Court:                United States Bankruptcy Court
                      Southern District of New York  
                      (Manhattan)

Judge:                Hon. Martin Glenn

Foreign
Representative:       Dr. Peter Fankhauser
                      200 Aldersgate
                      London EC1A 4HD
                      United Kingdom

Debtors'
U.S. Counsel:         Adam J. Goldberg, Esq.
                      Shaun C. Lee, Esq.
                      LATHAM & WATKINS LLP
                      885 Third Avenue
                      New York, New York 10022-4834
                      Tel: 212-906-1200
                      Fax: 212-751-4864
                      E-mail: adam.goldberg@lw.com
                              shaun.lee@lw.com

Estimated Assets:     Unknown

Estimated Debts:      Unknown

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

        http://bankrupt.com/misc/nysb19-12984.pdf


US STEEL: Fitch Lowers LongTerm IDR to B+, Outlook Stable
---------------------------------------------------------
Fitch Ratings downgraded U. S. Steel Corp.'s Long-Term Issuer
Default Rating to 'B+' from 'BB-'. The Rating Outlook is Stable.

The downgrade reflects a combination of the fully debt-funded
acquisition of a 49.9% interest in Big River Steel for cash
consideration of around $700 million during a period of elevated
capital spending, which is expected to be partially debt-funded
with around $1.6 billion of incremental debt, and weaker steel
market conditions. The anticipated near-term debt issuance and
Fitch's view of debt repayment being unlikely over the next few
years is expected to result in total adjusted debt to EBITDAR
sustained in the 4.5x-5.0x range through the ratings horizon. Fitch
views the decision to acquire an interest in BRS as positive longer
term, as U. S. Steel is effectively adding newer, lower cost, more
technologically advanced capacity, which Fitch believes will reduce
volatility through the cycle given the highly variable cost
structure and relatively low maintenance capex associated with
electric arc furnace (EAF) production.

The Stable Outlook reflects U. S. Steel's continued focus on cost
reduction and operational efficiency and Fitch's expectation of
annual operating EBITDA of around $1 billion through the forecast
period on average, barring a significant weakening in steel market
conditions. Heavy capital spending associated with the asset
revitalization program (ARP) and the Mon Valley Works investment is
expected to result in negative FCF through 2021. However, Fitch
views these capital investments as positive longer term, given
Fitch's expectation that these projects will improve operational
efficiency and lower U. S. Steel's cost structure, in addition to
lowering sustaining capex and expanding its higher-margin product
mix.

KEY RATING DRIVERS

Big River Steel Transaction: On Oct. 1, 2019, U. S. Steel announced
its intention to acquire a 49.9% equity stake in Big River Steel
for approximately $700 million with a call option to purchase the
remaining 50.1% within the next four years. Fitch expects the
company to fund the BRS transaction with $700 of debt, which is in
addition to a previously anticipated debt raise of approximately
$1.6 billion over the next few years to fund a portion of capital
project spending. Given U. S. Steel has no near-term maturities and
the expected completion of the majority of projects and associated
earnings benefits are not expected to be realized until 2021 or
after, Fitch believes the company is unlikely to pay down debt over
the ratings horizon.

Fitch views the BRS transaction as positive longer-term given U. S.
Steel is adding newer, more technologically advanced capacity which
Fitch expects to lower the company's cost structure. Fitch views
the variable cost structure and relatively low maintenance capex
associated with EAF production as improving U. S. Steel's
profitability and reducing volatility through the cycle. However,
given Fitch's expectation of a meaningful debt raise and the
expectation U. S. Steel will not repay debt over the rating
horizon, Fitch expects total adjusted debt to EBITDAR to be in the
4.5x-5.0x range.

Asset Revitalization Program Spending: In 2017, U. S. Steel began
its $2 billion four-year ARP, which involves total capex of
approximately $1.5 billion. The program is focused on the company's
Flat-rolled segment and is expected to increase profitability,
productivity and operational efficiency. U. S. Steel reported ARP
EBITDA benefits of $111 million in 2018. Total capex spent on the
ARP through 2018 was $584 million, suggesting $916 million of
remaining capex over the next 2 years in order to complete the
program by management's 2020 target. However, Fitch continues to
believe U. S. Steel has flexibility as to the timing and scope of
spending.

The company expects to spend $300 million-$350 million in capex
related to the ARP in 2019, which leaves approximately $550
million-$600 million of remaining capex in 2020. Fitch views the
ARP positively and believes the company's decision to significantly
invest in its critical steelmaking assets will result in a lower
cost structure and improve profitability through the cycle.

Mon Valley Works Investment: On May 2, 2019, in addition to the
ARP, U. S. Steel announced a $1.2 billion investment on an endless
casting and rolling facility at Mon Valley Works and a cogeneration
plant at Clairton Works. The bulk of the capex is expected to be
$400 million in 2020 and $650 million in 2021. The endless casting
and rolling facility will be the first facility of this type in the
United States and one of only a handful in the world. This process
is expected to result in lower conversion costs, improve yield and
expand the company's higher margin downstream product mix for a
broad range of customers. First coil is expected in 2022 and U. S.
Steel expects the investment to reduce costs by $35/ton at Mon
Valley Works.

Additional Capital Investments: On Feb. 11, 2019, U. S. Steel
announced plans to restart completion of its Fairfield EAF which
has 1.6 million tons of annual capacity and is expected to begin
producing steel in the second half of 2020. Over the next two
years, U. S. Steel expects to spend $280 million to finish
construction of the Fairfield EAF which will supply rounds to be
consumed internally within its Tubular segment seamless pipe
operations. U. S. Steel believes the Fairfield EAF will improve its
Tubular segment cost structure and expects to achieve $90/ton of
cost reductions. The company also plans to spend $130 million on a
Dynamo line at USSK in 2020 which is expected to result in $35
million of EBITDA benefit within its USSE segment.

Negative FCF Expectations: Fitch expects domestic and European
steel markets to be weaker compared with 2018, although does not
currently believe the price environment will be as weak as 2016
depressed levels. Given expectations for weaker market conditions,
Fitch expects flat to modestly declining domestic flat-rolled
volumes, lower European flat-rolled volumes, and declining steel
prices. Fitch estimates total capex will be $4.0 billion-$4.5
billion over the 2019-2021 time period, although believes U. S.
Steel has flexibility to adjust the timing of spending on projects
should market conditions materially weaken.

Fitch believes the combination of weaker steel market conditions
and heavy capital spending, expected to peak in 2020-2021, will
result in negative FCF through 2021. This is partially offset by
the company having no near-term maturities and its view that
capital investments will improve the company's future FCF
generating ability.

DERIVATION SUMMARY

U. S. Steel is larger in terms of annual shipments compared with
EAF steel producer Commercial Metals Company (BB+/Stable) and
smaller and less diversified compared with majority EAF steel
producer Gerdau S.A. (BBB-/Stable) and globally diversified steel
producer ArcelorMittal S.A. (BBB-/Stable). U. S. Steel has
favorable leverage metrics and product diversification compared
with CMC, although CMC's profitability is less volatile resulting
in more stable margins and leverage metrics through the cycle. U.
S. Steel's leverage on a total adjusted debt/EBITDAR basis has
generally compared less favorably with ArcelorMittal and Gerdau.

U. S. Steel compares favorably on size, raw material
self-sufficiency, diversification and leverage metrics although is
less profitable compared with domestic integrated steel producer AK
Steel Holding Corp. (AK Steel). AK Steel has focused on increasing
its proportion of its higher value-added product mix over the past
few years, which has benefitted average selling prices and
profitability. U. S. Steel is larger in terms of total shipments
although is less profitable and has weaker credit metrics compared
with domestic EAF producer Steel Dynamics, Inc. U. S. Steel is
smaller, less diversified and has weaker credit metrics compared
with domestic EAF producer Nucor.

KEY ASSUMPTIONS

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

  -- Declining steel price environment throughout the forecast
period;

  -- Flat-rolled shipments of 10.7 million shipments in 2019,
declining modestly thereafter;

  -- Lower capacity utilization negatively affects margins,
partially offset by cost-reduction efforts;

  -- Tubular segment shipments and prices relatively flat through
the forecast period;

  -- Capex of around $1.2 billion in 2019, peaking in 2020-2021,
and declining to more historical levels in 2022;

  -- Portion of capex is funded with debt;

  -- No share repurchases after 2019.

The recovery analysis assumes U. S. Steel would be reorganized as a
going concern in a bankruptcy rather than liquidated.

Assumptions for the going concern (GC) approach: Fitch has assumed
a bankruptcy scenario exit GC EBITDA of $700 million. The GC EBITDA
estimate is reflective of a mid-cycle sustainable EBITDA level upon
which Fitch bases the enterprise valuation. The $700 million GC
EBITDA estimate compares with 2018 operating EBITDA of
approximately $1.5 billion and 2016 operating EBITDA of
approximately $400 million which represent domestic steel market
high and low points respectively. The GC EBITDA estimate is
weighted slightly toward the lower end of the mid-point to reflect
the volatility of prices and the cyclical end market demand in
addition to Fitch's view that the company could potentially exit a
hypothetical bankruptcy scenario with a smaller operational
footprint.

Fitch generally applies EBITDA multiples that range from 4.0x-6.0x
for metals and mining issuers given the cyclical nature of
commodity prices. Fitch applied a 5.0x multiple to the GC EBITDA
estimate to calculate a post-reorganization enterprise value of
$3.15 billion after an assumed 10% administrative claim. Fitch
assumed the ABL credit facility is 80% drawn in the recovery
analysis.

The allocation of value in the liability waterfall results in a
recovery rating of 'RR1' for the first lien secured ABL credit
facility resulting in a 'BB+' rating and a recovery rating of 'RR4'
for the senior unsecured level resulting in a 'B+' rating.

RATING SENSITIVITIES

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

  -- Total adjusted debt/EBITDAR sustained below 4.0x;

  -- EBITDAR margins sustained above 7.5%;

  -- Continued progress on capital spending projects and targeted
cost reduction materializing.

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

  -- Total adjusted debt/EBITDAR sustained above 5.0x;

  -- EBITDAR margins sustained below 6.0%;

  -- Significant amount of additional debt issuance not offset with
asset sales or an equity raise;

  -- A material weakening of domestic steel market conditions
leading to significantly larger than expected negative FCF.

LIQUIDITY AND DEBT STRUCTURE

Solid Liquidity: As of June 30, 2019, U.S. Steel had $651 million
of cash and cash equivalents and full availability under its $1.5
billion ABL credit facility. In addition, the company had $296
million available under its USSK credit facilities.


WALTON BUSINESS: Sale of Walton Property to Waltonia Approved
-------------------------------------------------------------
Judge Jerry C. Olshue, Jr. of the U.S. Bankruptcy Court for the
Northern District of Florida authorized Walton Business Center Land
Trust's sale of the real proeprty located in Walton County,
Florida, legally described in Exhibit A, to Waltonia, LLC, which
secures repayment of the debt owed to William and Jo Ann Bierbaum
pursuant to that Mortgage accompanying the Bierbaums' Claim 1-1,
Part 4.

The Debtor's transfer of the Property to Waltonia is subject to the
Mortgage.  For the avoidance of doubt, the Court's approval of the
Debtor's transfer of the Property to Waltonia must not be construed
as operating to satisfy or extinguish the lien encumbering the
Property that the Debtor granted the Bierbaums pursuant to the
Mortgage.

The Debtor and the Bierbaums will expeditiously cooperate in
good-faith with respect to the execution of any instrument that
America's Title Corp. may require in connection with closing the
refinancing loan being extended to the Debtor by Hancock Whitney
Bank in accordance with the terms of that certain commitment issued
by Westcor Land Title Insurance Co.

As a condition of granting the Motion approving the Debtor's
transfer of the Property to Waltonia, the Court requires the Title
Company to disburse the total amounts owed to the Bierbaums upon
closing of the refinance transaction directly to the Bierbaums'
counsel, c/o the Clark Partington Trust Account, attention Robert
J. Powell, Esq.

Only upon disbursement to the Bierbaums' counsel of the total
amounts owed to the Bierbaums may the Title Company record any
satisfaction or release of the Mortgage that the Bierbaums must
execute in the transaction.  

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

      http://bankrupt.com/misc/Walton_Business_81_Sales.pdf

             About Walton Business Center Land Trust

Walton Business Center Land Trust dated Nov. 14, 2013 is a Florida
land trust whose owners is a Florida LLC named Waltonia LLC whose
managing members are Stephen Mathews and Elma Earl Mathews.  The
Trust is the owner of mixed residential and commercial property  in
Walton County, Florida.  The real property is rented out and on a
monthly basis the Debtor generates gross rents of approximately
$3,600.  Expenses, including an adequate protection payment, are
approximately $2,005 per month.   The value of the Debtor's real
property is approximately $400,000.

The Trust sought Chapter 11 protection (Bankr. N.D. Fla. Case No.
18-30214-JCO) on March 9, 2018.

On Aug. 12, 2019, the Court confirmed the Debtor's Amended Small
Business Chapter 11 Plan.

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

The Trustee's attorneys:

        ANCHORS SMITH GRIMSLEY
        Shiraz A. Hosein
        909 Mar Walt Drive, Suite 1014
        Fort Walton Beach, Florida 32547
        Tel: (850) 863-4064
        Fax: (850) 664-5728
        E-mail: sahosein@aslegal.com
     



WEATHERLY OIL: $41K Sale of East Gates Assets to Bull Approved
--------------------------------------------------------------
Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas authorized Weatherly Oil & Gas, LLCs' Assignment,
Bill of Sale, and Conveyance, dated Sept. 1, 2019, with Bull Oil
Co., LLC, in connection with the private sale of its Nacogdoches,
Texas oil and gas assets ("East Gates Assets") for $41,025, subject
to any adjustments as customary for pre and post Effective Time
expenses, revenues, and taxes affecting the East Gates Assets.

The Debtor is authorized to take any and all actions necessary or
appropriate to consummate the Sale.

The sale is free and clear of all Liens, Claims, and Interests.
All such Liens, Claims, and Interests will attach to the proceeds
of the Sale of the East Gates Assets.

The Cash Proceeds of the Sale authorized by the Order will be
remitted to the Debtor and will be subject to the terms of the
Final Financing Order.  

Pursuant to Sections 105(a), 363(b)(1), and 365(a) of the
Bankruptcy Code, the Debtor's Sale, assumption, and assignment of
the Assumed Contracts to the Buyer is approved.

The Debtor is authorized to pay the EnergyNet Fee as provided in
the EnergyNet Agreement as they relate to the Sale.  EnergyNet's
commission of $2,256 will be deducted from the proceeds of the
Sale.  To the extent there is inconsistency between the terms of
the EnergyNet Agreement and the Order, the terms of the Order will
govern.

Exxon Mobil Corp. filed the Objection by Exxon Mobil Corp. to the
Debtors' Emergency Motion (A) Authorizing the Sale of Debtors' East
Gates Assets Free and Clear of Liens, Claims, Interests and
Encumbrances to BRG Lone Star, Ltd.; (B) Authorizing the Assumption
and Assignment of Certain Executory Contracts and Unexpired Leases
in Connection Therewith; and (C) Granting Related Relief.  The
Exxon Objection relates to a Farmout Agreement and asserts that any
cure amount in relation to the Farmout Agreement must be determined
in accordance with the applicable provisions of the Order Approving
Disclosure Statement with Respect to Third Amended Plan of
Liquidation and Confirming the Third Amended Plan of Liquidation of
Weatherly Oil & Gas, LLC Pursuant to Chapter 11 of the Bankruptcy
Code.

The terms of the Confirmation Order relating to Exxon and the
Farmout Agreement are contained in paragraph 49, pages 19-21, of
the Confirmation Order.  Any other term of the Motion or the Order
notwithstanding, the determination of any cure amount in relation
to the Farmout Agreement will be determined in accordance with and
pursuant to the applicable provisions of the Confirmation Order.
This provision resolves the Exxon Objection.

All time periods set forth in this Order will be calculated in
accordance with Bankruptcy Rule 9006(a).

The requirements set forth in Bankruptcy Local Rule 9013-1 and the
Complex Case Procedures are satisfied by the contents of the
Motion.

Notwithstanding Bankruptcy Rules 6004(h) and 6006(d), the Order
will be effective and enforceable immediately upon its entry.

A copy of the PSA attached to the Order is available for free at:

    http://bankrupt.com/misc/Weatherly_Oil_626_Order.pdf

                    About Weatherly Oil & Gas

Weatherly Oil & Gas, LLC -- https://www.weatherlyop.com/ -- is a
Fort Worth-based oil and natural gas company primarily focused on
exploiting natural resources in the Ark-La-Tex region. Weatherly is
operated by an affiliate Weatherly Operating, LLC.

Weatherly Oil & Gas filed a voluntary petition under Chapter 11 of
the US Bankruptcy Code (Bankr. S.D. Tex. Case No. 19-31087) on Feb.
28, 2019.  In the petition signed by Scott Pinsonnault, chief
restructuring officer, the Debtor was estimated to have $50 million
to $100 million in assets and $100 million to $500 million in
liabilities.

Matthew D. Cavenaugh, Esq., at Jackson Walker LLP, serves as
counsel to the Debtor.


WEWORK COMPANIES: Fitch Cuts Rating to CCC+ Amid S-1 Withdrawal
---------------------------------------------------------------
Fitch downgraded WeWork Companies LLC and We Co. by two notches to
'CCC+' following the company's formal withdrawal of its IPO
registration statement. Fitch has also downgraded the senior
unsecured note rating to 'CCC'/'RR5'. The Rating Outlook is
Negative. The downgrade and Outlook reflect WeWork's uncertain
liquidity profile in the absence of its earlier plan to raise at
least $3 billion in an IPO plus $4 billion in senior secured debt
along with $2 billion in letter of credit capacity. Fitch
anticipates that WeWork will dramatically scale back its growth
ambitions and associated overhead expense that led to its
precarious liquidity position. Additionally, while Fitch is not
seeing evidence of this at present, Fitch sees the potential for
WeWork's business and market position to be harmed by customers
that hesitate to sign membership agreements, particularly
enterprises. This is in addition to the company's potential
retrenchment from the leasing market, particularly in gateway
cities where it has become one of the largest private tenants,
reducing the relative attractiveness of a WeWork lease but also
potentially reducing landlord incentive to invest in capital
improvements going forward. To the extent WeWork is able to
negotiate a firmly committed financing plan and demonstrate
successful implementation of any turnaround plan, Fitch could
revisit the rating.

The senior secured credit facility rating was withdrawn with the
following reason: --The facility was contingent on a successful
initial public offering by Dec. 31, 2019 that will not occur.

KEY RATING DRIVERS

Liquidity and Funding Plan Uncertain: In the absence of an IPO and
associated senior secured debt raise, WeWork does not have
sufficient funding to meet its growth plan. In response, the
company is expected to curtail opening new locations and reconsider
its aggressive shift into tertiary cities and farther flung
locales. The company had under $2.5 billion in unrestricted cash at
June 30, 2019 and is due $1.5 billion and $200 million from
SoftBank in April 2020 and second-half 2020, respectively. Fitch
estimates this amount would provide four to eight quarters of
funding based upon recent cash burn trends. However, Fitch
estimates the company ended third-quarter 2019 with under $1.5
billion in unrestricted cash and will face material restructuring
cash charges as it reduces its workforce, which had reached over
12,500 in the second quarter.

Business Model Sustainability: Fitch believes WeWork will attempt
to pursue a more balanced financial model that results in the
potential for sooner attainment of profitability and FCF
generation. However, the risk that the company is unable to
restructure itself successfully has increased materially. There has
been management turnover and it is possible employee morale is
deteriorated given anticipated large scale headcount reductions in
addition to reduced value of equity-based compensation, which has
been sizable. Additionally, Fitch is concerned that enterprises,
which constituted 40% of memberships as of June 30, 2019, could
become hesitant to enter into membership agreements with WeWork,
potentially destabilizing the business. While it is unclear whether
landlords are pulling back from WeWork, a reduction in leasing
demand by the company could lead to downward pressure on rents in
key gateway cities where WeWork is a major private tenant, reducing
the potential relative attractiveness of a WeWork lease.

Management and Governance: WeWork has taken definitive steps to
improve its governance structure, reducing the control of the
founder and placing day-to-day management in the hands of
experienced operators. The co-CEOs will have to manage a
restructuring and turnaround within the context of a company that
has been growing at a triple digit rate for several years. Fitch
believes the new management team has a pre-existing contingency
plan to operate its existing locations which do have reasonable
unit economics. However, this is set against the backdrop of
liquidity concerns, the need to restructure, and the potential that
headline risk could result in a pullback by key customers and
partners.

Recovery and Notching: Fitch's recovery analysis assumes that
WeWork would be considered a going-concern in bankruptcy and that
the company would be reorganized rather than liquidated. Fitch
assumes guarantor subsidiaries' leases are proportional to their
percentage of assets and assumes operating lease claims would be
pari passu with the senior unsecured notes in addition to corporate
guarantees and surety bonds. Fitch further assumes WeWork's standby
letters of credit, assumed fully utilized adjusted for locations
expected to remain open in reorganization less cash collateral, are
equal in rank to senior secured claims. As described in further
detail, Fitch assumes WeWork's going concern EV assuming
guarantor's portion of pre-growth EBITDA at June 30, 2019, reduced
by an estimate of normalized, restructured overhead expense, and
uses a 5x multiple in reflection of the potential that WeWork's
market position and brand is compromised. Additionally, Fitch
assumes a proportion of value from mature non-guarantor locations
is available, although reduced to a degree due to uncertainty over
the business model. After assumption of a 10% administrative claim,
the distribution of value yields a recovery ranked in the 'RR5'
category for the senior unsecured notes.

DERIVATION SUMMARY

Fitch considers WeWork's profile to be most aligned with business
services companies, given the nature of its value proposition as
essentially a services platform targeted at businesses of all
sizes. This is augmented by a meaningful technology component,
which sits on top of traditional commercial real estate leasing.
WeWork's rating reflects a combined consideration of business and
financial profile rating factors (consistent with the factors
associated with Fitch's Business Services Ratings Navigator), both
on a current and prospective basis given its relatively early stage
of development as a company.

On the business profile side, Fitch sees WeWork's now potentially
diminished market position and scale, diversification, execution
and expertise as consistent with 'BB' ratings category or lower
rated business services peers. WeWork compares somewhat favorably
on several dimensions within these factors including its global
brand, market position among shared workspace providers, size, and
moderately diversified range of services with the opportunity to
expand along with a diverse spectrum of end-markets both from
business size, industry vertical and increasing geography basis.
Fitch sees WeWork's contracted income and renewal risk as
consistent with the 'BB' rating category due to its membership
agreements being short-term, albeit bolstered by greater than 40%
of memberships being held by entities with 500 or more employees,
although sees risk that enterprise customers could pull back from
the company. WeWork is exposed to meaningful in-sourcing risk due
to the economic environment, particularly among its enterprise
clients, although enterprise clients may seek additional
flexibility for their real estate needs during an economic
downturn, to the extent enterprise customers do not perceive
significant continuity risk in WeWork.

With regards to WeWork's financial profile, Fitch sees WeWork's
near-term profitability and financial structure as consistent with
the lower end of 'B' to 'CCC' rating category peers, reflecting a
worsening over time and Fitch now expects WeWork's specific metrics
to be subject to greater uncertainty over the ratings horizon,
exposing the company to greater risk in the event of a macro shock
or restructuring difficulty. Moreover, WeWork's lack of
profitability of its existing business and by extension financial
structure are correlated with weakly rated peers, exacerbated by an
aggressive expansion strategy, particularly investment in SG&A has
materially weakened the company's credit protection metrics. On the
financial flexibility category, Fitch sees WeWork's profile as
consistent with 'B' to 'CCC' ratings category peers given its
uncertain liquidity position and limited sources of funding.

Fitch considers factors for highly speculative issuers in a
relative fashion. WeWork's business model is redeemable and its
strategy faces significant execution risk as it is likely to embark
on a major restructuring. FCF has remained consistently negative
having worsened over the past year and while Fitch no longer
expects the company to expand aggressively, the company's FCF
outlook is subject to risks and uncertainties. Fitch now sees
WeWork's deleveraging capacity as fairly limited. However,
management now appears committed to improvement in its traditional
credit protection metrics over growth in the near to intermediate
term. The company has reduced the voting power and board
representation of the former CEO and co-founder improving
governance although related party transactions remain unresolved.

KEY ASSUMPTIONS

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

  - No further financing contemplated beyond the $1.7 billion
    due from SoftBank in 2020;

  - Expansion plan is halted such that existing open locations
    plus those expected to open over the remainder of 2019 and
    early 2020 constitute the desk fleet over the forecast
    horizon;

  - A pullback from expansion in tertiary cities and more far
    flung geographies leads to a stabilization in average
    revenue per physical member (ARPPM);

  - Overhead is reduced substantially through workforce
    restructuring and sales and marketing and pre-opening
    expense given expected expansion retrenchment;

  - Attainment of break-even operating EBITDA at in early to
    mid-2021;

  - Cash restructuring charges incurred in 2019 and 2020;

  - No further acquisitions and disposition of non-core
    businesses.

KEY RECOVERY RATING ASSUMPTIONS

The recovery analysis assumes that We Co. would be reorganized as a
going-concern in bankruptcy rather than liquidated;

Fitch has assumed a 10% administrative claim.

Going-Concern (GC) Approach

  - WeWork's going concern EBITDA is based on LTM June 30, 2019
operating EBITDA of negative $675 million, representing the
estimated 75% share of consolidated operating EBITDA that guarantor
subsidiaries represent;

  - The going-concern EBITDA estimate reflects Fitch's view of a
sustainable, post-reorganization EBITDA level upon which Fitch
bases the valuation of the company;

  - The going-concern EBITDA is $267 million, above LTM EBITDA, to
reflect the contribution margin of $454 million from existing
guarantor locations 75% of an assumed $250 million of normalized
SG&A, higher than previously to reflect reduced ability to rely
upon equity compensation, adjusted for assumed restructuring to
reflect closing of unprofitable locations and a ceasing of
expansion in reorganization;

  - Offsetting factors include in process locations that will come
into service and generate positive EBITDA balanced by a degree of
overhead that will need to be maintained;

  - Additionally, WeWork's value proposition could diminish to some
global enterprises with a smaller network.

EV Multiple Approach

An EV multiple of 5x is used to calculate a post-reorganization
valuation. The estimate considered the following factors:

  - The historical bankruptcy exit multiple for companies WeWork's
sector ranged from 4x-7x, with a median reorganization multiple of
6.0x;

  - Current EV multiples of public companies in the Business
Services sector trade well above the historical reorganization
range. The median forward EV multiple for this sector is about 10x.
Historical multiples ranged from 6x-12x;

  - WeWork does have unique characteristics that would allow for a
higher multiple in its unique brand and stake in JVs;

  - However, uncertainty surrounding WeWork's business model and
the high degree of strategy and execution risk leads Fitch to
utilize a recovery multiple that is below the sector median.

RATING SENSITIVITIES

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

Fitch does not anticipate positive rating action over the near term
in the absence of a credible business plan and associated financing
strategy that is expected to improve liquidity to a level that
exceeds the next six quarters of anticipated funding needs.

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

  - Reduction in liquidity to below four quarters of anticipated
funding needs.

  - Degradation in business profile possibly reflecting a material
pullback in customer leasing activity, particularly enterprises,
and/or otherwise inability to successfully operate existing
locations while restructuring workforce.

LIQUIDITY AND DEBT STRUCTURE

Uncertain Liquidity: WeWork had cash and cash equivalents of $2.5
billion at June 30, 2019. The company had $576 million of
restricted cash primarily collateralizing letters of credit issued
to provide credit support to location leases. $536 million of cash
was held by the company's joint ventures. Fitch estimates that
WeWork's unrestricted cash declined by approximately $1 billion in
the third quarter and assumes that approximately $500 million is
held by the JVs. With the proceeds due from SoftBank, and assuming
WeWork is able to successfully restructure its workforce without
degrading its existing business, Fitch believes the company has
approximately four quarters of liquidity. This estimate is
uncertain and subject to risks related to customer pullback, the
potential negative feedback loop of lease market price declines as
WeWork steps back in addition to localized and broader slowdowns.

Refinancing Risk: WeWork had $669 million of principal outstanding
on its 2025 senior notes, limiting its immediate refinancing risk.
However, given the company's uncertain liquidity, WeWork is subject
to risk that it is unable to access markets to meet ongoing
liquidity needs let alone unforeseen financial challenges.
Additionally, WeWork's 2015 amended and restated $650 million
credit facility and 2017 amended $500 million standby letter of
credit facility will terminate in November 2020. As of June 30,
2019, $1.0 billion letters of credit were outstanding. While the
letters of credit for leased locations decay over time, WeWork is
subject to the risk that it would be unable to continue to meet the
terms of a significant portion of its leases without providing
additional credit support in the form of cash security or other
means that might not be available.


WINE VALLEY: May Use Cash Collateral Until Further Court Order
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of West
Virginia granted the motion filed by The Wine Valley, LLC, to use
cash collateral, as agreed upon with American Express National
Bank.

The Debtor is permitted to use cash collateral until a further
court order.

As adequate protection, American Express National Bank is granted a
post-petition replacement lien on the Debtor's cash collateral, and
a monthly payment of $2,000 by the Debtor.

                      About The Wine Valley

The Wine Valley, LLC, owns and operates a restaurant/bar business.
The Company employs some 20 to 25 persons and generates
approximately $114,133 gross revenue monthly.  Wine Valley filed a
Chapter 11 bankruptcy petition (Bankr. S.D. W.Va. Case No.
19-20218) on May 23, 2019, with  under $1 million in estimated
assets and liabilities.  The Debtor is represented by Joseph W.
Caldwell, Esq., at Caldwell & Riffee.


[*] Levinson Joins Debevoise as Co-Chair of Restructuring Group
---------------------------------------------------------------
Debevoise & Plimpton LLP said Sidney Levinson has joined the firm's
New York office as a Partner in its Restructuring Group.

Mr. Levinson, who will serve as Co-Chair of the Group, brings to
the firm more than 30 years of experience representing bondholders,
secured lenders, debtors, trustees and creditors' committees in
complex and challenging restructuring and bankruptcy proceedings.
His representations have involved the retail and gaming industries,
airlines, major league sports teams, energy and chemical companies
and real estate developers, among others.

"Sid's experience representing all sides of a bankruptcy or workout
transaction, combined with his proven litigation experience and
accomplishments as an in-court advocate, broadens our ability to
lead significant restructuring matters for our clients," said
Natasha Labovitz, Co-Chair of the Restructuring Group. "We have
worked with Sid over the years and have long admired the quality of
his work and dedication to his clients."

Presiding Partner Michael Blair added, "Sid's proven track record
in handling complex restructuring matters makes him an exceptional
addition to the team.  His arrival further positions Debevoise to
assist our clients through any economic cycle."

Mr. Levinson said, "As a firm with a strong growth story, a
platform of marquee practices and an unrivalled reputation among
clients, Debevoise is ideally positioned to grow its restructuring
practice on both the debtor and creditor side.  I look forward to
working with the entire Debevoise team in that pursuit."

Throughout his career, Mr. Levinson has been recognized as a
leading lawyer by various legal directories and trade publications
and has written and spoken extensively on restructuring issues.  He
is a fellow in the American College of Bankruptcy and previously
served as a subcommittee co-chair for the ABA's Business Bankruptcy
Committee.  From 1992 until 1995, Mr. Levinson was a trial attorney
in the U.S. Department of Justice (Civil Division), specializing in
bankruptcy and commercial litigation.  He received his B.A. from
Brandeis University in 1985 and his J.D. from the University of
California, Los Angeles in 1988.  Prior to his arrival at
Debevoise, Mr. Levinson was co-head of the New York restructuring
practice at another international law firm.

Debevoise's Restructuring Group advises on high-profile,
out-of-court restructurings, strategic transactions and litigation
involving distressed businesses, Chapter 11 cases and cross-border
insolvencies. The group, which represents companies, creditors,
sponsors, boards of directors, acquirers and other
parties-in-interest in complex distressed situations, brings
extensive trial and transaction experience and an in-depth
knowledge of finance and bankruptcy law to complex matters.

Debevoise & Plimpton LLP is a premier law firm with market-leading
practices, a global perspective and strong New York roots.  We
deliver effective solutions to our clients' most important legal
challenges, applying clear commercial judgment and a distinctively
collaborative approach.



[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re HAIFA, L.L.C.
   Bankr. S.D. Ala. Case No. 19-13355
      Chapter 11 Petition filed September 25, 2019
         See http://bankrupt.com/misc/alsb19-13355.pdf
         represented by: Robert M. Galloway, Esq.
                      GALLOWAY WETTERMARK EVEREST & RUTENS, LLP
                         E-mail: bgalloway@gallowayllp.com

In re Roslyn Sefardic Center Corp.
   Bankr. E.D.N.Y. Case No. 19-76652
      Chapter 11 Petition filed September 25, 2019
         See http://bankrupt.com/misc/nyeb19-76652.pdf
         represented by: Sergei Orel, Esq.
                         Kareem El Nemr, Esq.
                         SERGEI OREL LLC
                         E-mail: sorel@sergei-orel.com

In re Abundant Life Outreach, Inc.
   Bankr. M.D. Pa. Case No. 19-04091
      Chapter 11 Petition filed September 25, 2019
         See http://bankrupt.com/misc/pamb19-04091.pdf
         represented by: Craig A. Diehl, Esq.
                         LAW OFFICES OF CRAIG A. DIEHL
                         E-mail: cdiehl@cadiehllaw.com

In re Baldomero V. Cisneros
   Bankr. E.D. Cal. Case No. 19-14052
      Chapter 11 Petition filed September 25, 2019
         represented by: Leonard K. Welsh, Esq.

In re Freight King Inc.
   Bankr. N.D. Cal. Case No. 19-51949
      Chapter 11 Petition filed September 26, 2019
         See http://bankrupt.com/misc/canb19-51949.pdf
         represented by: Rattan Dev S. Dhaliwal, Esq.
                         DHALIWAL LAW GROUP, INC.
                         E-mail: ecf@attorneydhaliwal.com

In re Shezad Sanaullah and Helen Nitsios
   Bankr. N.D. Fla. Case No. 19-40513
      Chapter 11 Petition filed September 26, 2019
         represented by: Robert C. Bruner, Esq.
                         BRUNER WRIGHT, P.A.
                         E-mail: rbruner@brunerwright.com

                           - and -

                         Byron Wright, III, Esq.
                         BRUNER WRIGHT, P.A.
                         Email: twright@brunerwright.com

In re Palm Coast Capital Investment Group, LLC
   Bankr. S.D. Fla. Case No. 19-22837
      Chapter 11 Petition filed September 26, 2019
         See http://bankrupt.com/misc/flsb19-22837.pdf
         represented by: Brian K. McMahon, Esq.
                         BRIAN K. MCMAHON
                         E-mail: briankmcmahon@gmail.com

In re Steven H. Kranitz and Adrienne G. Kranitz
   Bankr. S.D. Fla. Case No. 19-22879
      Chapter 11 Petition filed September 26, 2019
         represented by: Aaron A. Wernick, Esq.
                         E-mail: awernick@furrcohen.com

In re Neal Electric, Inc.
   Bankr. N.D. Ga. Case No. 19-65232
      Chapter 11 Petition filed September 26, 2019
         See http://bankrupt.com/misc/ganb19-65232.pdf
         represented by: Joseph Chad Brannen, Esq.
                         THE BRANNEN FIRM, LLC
                         E-mail: chad@brannenlawfirm.com

In re Mark Murdock and Michelle Murdock
   Bankr. D. Id. Case No. 19-40921
      Chapter 11 Petition filed September 26, 2019
         represented by: Aaron J. Tolson, Esq.
                         E-mail: ajt@aaronjtolsonlaw.com

In re Thomas R. McConnell and Susan K. McConnell
   Bankr. S.D. Ind. Case No. 19-07217
      Chapter 11 Petition filed September 26, 2019
         represented by: John Woodrow Nelson, Esq.
                         LAW OFFICE OF JOHN NELSON
                         E-mail: jwnelso1@yahoo.com

In re Park Height's Angel Incorporated
   Bankr. D. Md. Case No. 19-22853
      Chapter 11 Petition filed September 26, 2019
         See http://bankrupt.com/misc/mdb19-22853.pdf
         represented by: David Erwin Cahn, Esq.
                         LAW OFFICE OF DAVID CAHN, LLC
                         E-mail: cahnd@cahnlawoffice.com

In re Michael Krichevsky
   Bankr. E.D.N.Y. Case No. 19-45244
      Chapter 11 Petition filed August 29, 2019
         Filed Pro Se

In re Edward Chien Yuan Huang
   Bankr. E.D.N.Y. Case No. 19-45899
      Chapter 11 Petition filed September 26, 2019
         represented by: Bruce Weiner, Esq.
                         ROSENBERG MUSSO & WEINER LLP
                         E-mail: courts@nybankruptcy.net

In re Daniel Montaigne
   Bankr. E.D.N.Y. Case No. 19-76655
      Chapter 11 Petition filed September 26, 2019
         represented by: Ronald D. Weiss, Esq.
                         E-mail: weiss@ny-bankruptcy.com

In re Dolores Joanne Pinto
   Bankr. S.D.N.Y. Case No. 19-23722
      Chapter 11 Petition filed September 26, 2019
         represented by: Anne J. Penachio, Esq.
                         PENACHIO MALARA LLP
                         E-mail: apenachio@pmlawllp.com

In re Mary R. Dohler
   Bankr. W.D. Pa. Case No. 19-10976
      Chapter 11 Petition filed September 26, 2019
         represented by: Guy C. Fustine, Esq.
                         KNOX MCLAUGHLIN GORNALL & SENNETT, P.C.
                         E-mail: mwernick@kmgslaw.com

In re Olde Library Office Complex Partnership
   Bankr. W.D. Pa. Case No. 19-23767
      Chapter 11 Petition filed September 26, 2019
         See http://bankrupt.com/misc/pawb19-23767.pdf
         represented by: Keila Estevez, Esq.
                         BERNSTEIN-BURKLEY, PC
                         E-mail: kestevez@bernsteinlaw.com

In re Francisco J. Baez Rivera and Marta M. Rodriguez Hernandez
   Bankr. D.P.R. Case No. 19-05511
      Chapter 11 Petition filed September 26, 2019
           represented by: Modesto Bigas Mendez, Esq.
                         MODESTO BIGAS LAW OFFICE
                         E-mail: modestobigas@yahoo.com

In re Richard Lyons
   Bankr. M.D. Tenn. Case No. 19-06264
      Chapter 11 Petition filed September 26, 2019
         represented by: LEFKOVITZ AND LEFKOVITZ, PLLC
                         E-mail: slefkovitz@lefkovitz.com

In re Simon Esthel Zubras and Phyllis Marie Zubras
   Bankr. N.D. Tex. Case No. 19-32753
      Chapter 11 Petition filed August 20, 2019
         represented by: Melissa S. Hayward, Esq.
                         HAYWARD & ASSOCIATES PLLC
                         E-mail: MHayward@HaywardFirm.com

In re Michael Robert Eades and Mary Dan Eades
   Bankr. N.D. Tex. Case No. 19-32763
      Chapter 11 Petition filed August 20, 2019
         represented by: Bryan C. Assink, Esq.
                         BONDS ELLIS EPPICH SCHAFER JONES LLP
                         E-mail: bryan.assink@bondsellis.com

In re Dove Real Estate & Association Management LLC
   Bankr. C.D. Cal. Case No. 19-13770
      Chapter 11 Petition filed September 27, 2019
         See http://bankrupt.com/misc/cacb19-13770.pdf
         represented by: Daniel J. Weintraub, Esq.
                         WEINTRAUB & SELTH APC
                         E-mail: dan@wsrlaw.net

In re Judith B. Spring
   Bankr. M.D. Fla. Case No. 19-06324
      Chapter 11 Petition filed September 27, 2019
         represented by: Melissa A. Youngman, Esq.
                         MELISSA A. YOUNGMAN, PA
                         E-mail:  
                         melissayoungman@melissayoungman.com

In re Mexican Restaurant Group LLC
   Bankr. S.D. Fla. Case No. 19-22918
      Chapter 11 Petition filed September 27, 2019
         Filed Pro Se

In re Masvidal Financial Holdings Corp.
   Bankr. S.D. Fla. Case No. 19-22968
      Chapter 11 Petition filed September 27, 2019
         See http://bankrupt.com/misc/flsb19-22968.pdf
         represented by: John P. Arcia, Esq.
                         JOHN PAUL ARCIA, PA
                         E-mail: parcia@arcialaw.com

In re Elder Attie Hermon Montgomery Foundation
   Bankr. N.D. Ill. Case No. 19-27509
      Chapter 11 Petition filed September 27, 2019
         See http://bankrupt.com/misc/ilnb19-27509.pdf
         represented by: Joel A. Schechter, Esq.
                         LAW OFFICES OF JOEL SCHECHTER
                         E-mail: joelschechter1953@gmail.com

In re 89 Route 6A, LLC
   Bankr. D. Mass. Case No. 19-13298
      Chapter 11 Petition filed September 27, 2019
         See http://bankrupt.com/misc/mab19-13298.pdf
         represented by: Peter M. Daigle, Esq.
                         DAIGLE LAW OFFICE
                         E-mail: pmdaigleesq@yahoo.com

In re Whistler Partners, LLC
   Bankr. S.D.N.Y. Case No. 19-36556
      Chapter 11 Petition filed September 27, 2019
         See http://bankrupt.com/misc/nysb19-36556.pdf
         represented by: Julie Cvek Curley, Esq.
                         KIRBY AISNER & CURLEY LLP
                         E-mail: jcurley@kacllp.com

In re Aurora Home Care, Inc.
   Bankr. W.D.N.Y. Case No. 19-12012
      Chapter 11 Petition filed September 27, 2019
         See http://bankrupt.com/misc/nywb19-12012.pdf
         represented by: Frederick J. Gawronski, Esq.
                         COLLIGAN LAW, LLP
                         E-mail: fgawronski@colliganlaw.com

In re Yippie Doodle Corporation
   Bankr. S.D. Tex. Case No. 19-35389
      Chapter 11 Petition filed September 27, 2019
         See http://bankrupt.com/misc/txsb19-35389.pdf
         represented by: Russell Van Beustring, Esq.
                         THE LANE LAW FIRM, PLLC
                         E-mail: russell.beustring@lanelaw.com

In re Green World Council Bluffs LLC
   Bankr. W.D. Wash. Case No. 19-13565
      Chapter 11 Petition filed September 27, 2019
         Filed Pro Se

In re Reliable Repairs and Remodels, Inc.
   Bankr. E.D. Ark. Case No. 19-15207
      Chapter 11 Petition filed September 30, 2019
         See http://bankrupt.com/misc/areb19-15207.pdf
         represented by: Brandon M. Haubert, Esq.
                         WH LAW
                         E-mail: bk@wh.Law
                                 brandon@wh.law

In re Eminel P. Halsted
   Bankr. N.D. Cal. Case No. 19-10723
      Chapter 11 Petition filed September 27, 2019
         represented by: Joan M. Chipser, Esq.
                         LAW OFFICES OF JOAN M. CHIPSER
                         E-mail: joanchipser@sbcglobal.net

In re Zion Tabernacle Missionary Baptist Church
   Bankr. N.D. Cal. Case No. 19-42209
      Chapter 11 Petition filed September 29, 2019
         See http://bankrupt.com/misc/canb19-42209.pdf
         represented by: Selwyn D. Whitehead, Esq.
                         LAW OFFICES OF SELWYN D. WHITEHEAD
                         E-mail: selwynwhitehead@yahoo.com

In re Dana Aaron Linett
   Bankr. S.D. Cal. Case No. 19-05831
      Chapter 11 Petition filed September 30, 2019
         represented by: John Smaha, Esq.
                         SMAHA LAW GROUP, APC
                         E-mail: jsmaha@smaha.com

In re Steven James Chavez
   Bankr. D. Colo. Case No. 19-18000
      Chapter 11 Petition filed September 16, 2019
         represented by: Joshua Sheade, Esq.
                         E-mail: joshua@berkencloyes.com

In re KAI-ZEN Holdings, LLC
   Bankr. N.D. Ga. Case No. 19-65497
      Chapter 11 Petition filed September 30, 2019
         Filed Pro Se

In re Lloyd Lee Shanks and Consuelo Islas Shanks
   Bankr. N.D. Ga. Case No. 19-65637
      Chapter 11 Petition filed September 30, 2019
         represented by: Paul Reece Marr, Esq.
                         PAUL REECE MARR, P.C.
                         E-mail: paul.marr@marrlegal.com

In re Hague Textiles, Inc.
   Bankr. D. Mass. Case No. 19-13323
      Chapter 11 Petition filed September 30, 2019
         See http://bankrupt.com/misc/mab19-13323.pdf
         represented by: David B. Madoff, Esq.
                         MADOFF & KHOURY LLP
                         E-mail: madoff@mandkllp.com
                                 alston@mandkllp.com

In re Charlene Corporation
   Bankr. D. Md. Case No. 19-22991
      Chapter 11 Petition filed September 30, 2019
         See http://bankrupt.com/misc/mab19-22991.pdf
         represented by: Michael S. Woll, Esq.
                         WOLL & WOLL, P.A.
                         E-mail: michaelswoll@wolllaw.com

In re Franklin Alcides Mancia
   Bankr. D. Md. Case No. 19-22961
      Chapter 11 Petition filed September 27, 2019
         Filed Pro Se

In re Kathleen Gordon
   Bankr. D. Md. Case No. 19-23024
      Chapter 11 Petition filed September 30, 2019
         represented by: William C. Johnson, Jr., Esq.
                         E-mail: wcjjatty@yahoo.com

In re Beignet, Inc.
   Bankr. S.D.N.Y. Case No. 19-13121
      Chapter 11 Petition filed September 30, 2019
         See http://bankrupt.com/misc/nysb19-13121.pdf
         represented by: Courtney Davy, Esq.
                         LAW OFFICE OF COURTNEY K. DAVY, LLP
                         E-mail: courtneydavy.esq@gmail.com

In re Noelle F. Cappello
   Bankr. S.D.N.Y. Case No. 19-23742
      Chapter 11 Petition filed September 30, 2019
         represented by: Linda M. Tirelli, Esq.
                         TIRELLI LAW GROUP, LLC
                         E-mail: ltirelli@tw-lawgroup.com

In re Akilah Israel
   Bankr. E.D. Pa. Case No. 19-16158
      Chapter 11 Petition filed September 30, 2019
      See http://bankrupt.com/misc/paeb19-16158.pdf
           Filed Pro Se

In re McColl M&M Ranch, LLC
   Bankr. E.D. Tex. Case No. 19-20148
      Chapter 11 Petition filed September 30, 2019
         See http://bankrupt.com/misc/txeb19-20148.pdf
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS
                         E-mail: eric@ealpc.com

In re Tony R. Luckie
   Bankr. E.D. Tex. Case No. 19-42693
      Chapter 11 Petition filed September 30, 2019
         represented by: Christopher J. Moser, Esq.
                         QUILLING SELANDER LOWNDS WINSLETT MOSER
                         E-mail: cmoser@qslwm.com

In re Amagazi, LLC
   Bankr. S.D. Tex. Case No. 19-35476
      Chapter 11 Petition filed September 30, 2019
         See http://bankrupt.com/misc/txsb19-35476.pdf
         represented by: Margaret Maxwell McClure, Esq.
                         LAW OFFICE OF MARGARET M. MCCLURE
                         E-mail: margaret@mmmcclurelaw.com

In re AFGO Development Company, Inc.
   Bankr. S.D. Tex. Case No. 19-35506
      Chapter 11 Petition filed September 30, 2019
         Filed Pro Se

In re Hardwicke Investment Group, LLC
   Bankr. W.D. Tex. Case No. 19-52311
      Chapter 11 Petition filed September 29, 2019
         See http://bankrupt.com/misc/txwb19-52311.pdf
         represented by: Michael D. Paul, Esq.
                         MICHAEL D. PAUL, PLLC
                         E-mail: mdeanpaul@gmail.com

In re Huntsinger Ventures, LLC
   Bankr. W.D. Tex. Case No. 19-52338
      Chapter 11 Petition filed September 30, 2019
         See http://bankrupt.com/misc/txwb19-52338.pdf
         represented by: William R. Davis, Jr., Esq.
                         LANGLEY & BANACK, INC.
                         E-mail: wrdavis@langleybanack.com

In re Curtis Clifford Cain
   Bankr. E.D. Va. Case No. 19-13218
      Chapter 11 Petition filed September 28, 2019
         represented by: Michael Jacob Owen Sandler, Esq.
                         FISHER-SANDLER, LLC
                         E-mail: sandlerlaw@yahoo.com

In re Alma Angelina Chavez-Nunez
   Bankr. E.D. Cal. Case No. 19-26175
      Chapter 11 Petition filed October 1, 2019
         represented by: John G. Downing, Esq.

In re David J. Omlor
   Bankr. M.D. Fla. Case No. 19-09340
      Chapter 11 Petition filed October 1, 2019
         represented by: Buddy D. Ford, Esq.
                         BUDDY D. FORD, P.A.
                         E-mail: Buddy@TampaEsq.com

In re Starz Acquisition, LLC
   Bankr. M.D. Fla. Case No. 19-09370
      Chapter 11 Petition filed October 1, 2019
         See http://bankrupt.com/misc/flmb19-09370.pdf
         represented by: Michael R. Dal Lago, Esq.
                         DAL LAGO LAW
                         E-mail: mike@dallagolaw.com

In re Alberto Gomez Cordova
   Bankr. S.D. Fla. Case No. 19-23231
      Chapter 11 Petition filed October 1, 2019
         represented by: Luis F. Navarro, Esq.
                         E-mail: bankruptcy@nhlawpl.com

In re Alani Property Source Co. Inc.
   Bankr. N.D. Ga. Case No. 19-65703
      Chapter 11 Petition filed October 1, 2019
         Filed Pro Se

In re T & A Mobile LLC
   Bankr. D. Md. Case No. 19-23029
      Chapter 11 Petition filed September 30, 2019
         Filed Pro Se

In re Cultivation Station Inc.
   Bankr. E.D. Mich. Case No. 19-53993
      Chapter 11 Petition filed October 1, 2019
         See http://bankrupt.com/misc/mieb19-53993.pdf
         represented by: Donald C. Darnell, Esq.
                         DARNELL, PLLC
                         E-mail: dondarnell@darnell-law.com

In re Diefenderfer Family Holdings, LLC
   Bankr. E.D. Mich. Case No. 19-54007
      Chapter 11 Petition filed October 1, 2019
         See http://bankrupt.com/misc/mieb19-54007.pdf
         represented by: Donald C. Darnell, Esq.
                         DARNELL, PLLC
                         E-mail: dondarnell@darnell-law.com

In re Robert Diefenderfer and Kristen Diefenderfer
   Bankr. E.D. Mich. Case No. 19-54011
      Chapter 11 Petition filed October 1, 2019
         represented by: Donald C. Darnell, Esq.
                         E-mail: dondarnell@darnell-law.com

In re Blue Ridge Site Development Corporation of NC
   Bankr. E.D.N.C. Case No. 19-04528
      Chapter 11 Petition filed October 1, 2019
         See http://bankrupt.com/misc/nceb19-04528.pdf
         represented by: Danny Bradford, Esq.
                         PAUL D. BRADFORD, PLLC
                         E-mail: dbradford@bradford-law.com

In re Jason E. Money
   Bankr. E.D. Tex. Case No. 19-42741
      Chapter 11 Petition filed October 1, 2019
         represented by: Alexander Matthew Alagha, Esq.
                         BOWDICH & ASSOCIATES, PLLC
                         E-mail: malagha@bowdichlaw.com


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 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.
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                   *** End of Transmission ***