/raid1/www/Hosts/bankrupt/TCR_Public/191107.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, November 7, 2019, Vol. 23, No. 310

                            Headlines

360 MORTGAGE: Taps Lanier, Daniels & Tredennick as Special Counsel
900 CESAR CHAVEZ: Case Summary & 4 Unsecured Creditors
AMD DEALERSHIP: Seeks to Hire Orenstein Law Group as Legal Counsel
AMERICAN ROCK: Moody's Raises CFR to B2, Outlook Stable
ASHFORD HOSPITALITY: Egan-Jones Lowers Sr. Unsecured Ratings to B+

AURORA HOME: U.S. Trustee Unable to Appoint Committee
BOBALU INC: Seeks to Hire Tamarez CPA as Accountant
BOROWIAK IGA: U.S. Trustee Unable to Appoint Committee
BURFORD CAPITAL: S&P Assigns 'BB-' Long-Term ICR; Outlook Stable
CALAIS REGIONAL: Seeks to Hire Kelly Remmel as Special Counsel

CAPITAL RESTAURANT: Seeks Court Approval to Hire OCPs
CASA SYSTEMS: Moody's Lowers CFR to B3, Outlook Negative
CHARTER HIGH SCHOOL: S&P Cuts 2013 Revenue Bond Rating to 'CCC'
CHENIERE CORPUS: Moody's Rates $1BB Sec. Notes Ba1, Outlook Pos
CHHATRALA GRAND: Seeks to Hire Brower Vander as Special Counsel

COMMUNITY HEALTH: Egan-Jones Lowers Sr. Unsecured Ratings to CCC
COMMUNITY HEALTH: Fitch Lowers Issuer Default Rating to C
CONSTELLIS HOLDINGS: S&P Lowers ICR to 'CCC+'; Outlook Negative
DANA INC: Fitch Rates Proposed $300MM Sr. Unsec. Notes 'BB+'
DANA INC: Moody's Rates New $300MM Sr. Unsec. Notes 'B2'

DATUM TECHNOLOGIES: Unsecured to Get at Least 10% of Sale Proceeds
DESTINATION MATERNITY: U.S. Trustee Forms 5-Member Committee
DRW HOLDINGS: Moody's Assigns B1 Rating to $300MM First Lien Loan
DURA AUTOMOTIVE: U.S. Trustee Forms 5-Member Committee
EP TECHNOLOGY: U.S. Trustee Unable to Appoint Committee

ERESEARCH TECHNOLOGY: Moody's Assigns B3 CFR, Outlook Stable
FALLS EVENT: Clyde Snow Represents Stickel Entities
FORD MOTOR: Egan-Jones Lowers Senior Unsecured Ratings to BB
GRANITE VALLEY: Voluntary Chapter 11 Case Summary
GREEN COUNTRY ENERGY: S&P Cuts Rating to 'B'; Outlook Negative

HOACTZIN PARTNERS: Gets Interim Approval to Hire CRO
HOUGHTON MIFFLIN: S&P Affirms 'B-' ICR; Outlook Stable
INTERRA INNOVATION: BMSS Manager Appointed as Committee Chairman
JAIME JIMENEZ: Trustee Selling Lemon Grove Property for $410K
KAISER AND ASSOCIATES: Plan Has $40,000 for Unsecured Claims

LITTLE YORK BELTLINE: Case Summary & 8 Unsecured Creditors
MASTER'S UNIVERSITY: S&P Assigns 'BB+' Rating to 2019 Rev. Bonds
NAJEEB AHMED KHAN: U.S. Trustee Forms 3-Member Committee
NEWELL BRANDS: S&P Cuts ICR to 'BB+' on Lower Debt Reduction
NYMAN HOLDINGS: Taps Berkshire Hathaway as Real Estate Agent

OPEN TEXT: S&P Lowers Unsec. Debt Rating to BB on Upsized Revolver
ORANGE COUNTY INSURANCE: Garrett Buying Orange Property for $379K
PLYMOUTH EDUCATIONAL CENTER: S&P Lowers 2005 Bond Rating to 'D'
PORTERS NECK COUNTRY: Ex-Members Seek Committee Appointment
QSH/SANDERS GLEN, GA: S&P Cuts Bond Ratings to 'BB+'; Outlook Neg.

RADER LODGE: Proposes Auction Sale of Mitchell County Property
REAVANS ANNEX: Case Summary & Unsecured Creditors
REGAL ROW: Victron Stores Buying Property for $2.5 Million
REGENSBURG HOLDING: Case Summary & 2 Unsecured Creditors
SALSGIVER INC: Seeks to Hire QSI President Michael Starkey

SANNAURU FAMILY: Case Summary & 2 Unsecured Creditors
SCULPT MEDICAL: Case Summary & 20 Largest Unsecured Creditors
SERVICENOW INC: Egan-Jones Hikes Sr. Unsec. Ratings to B
SIENNA BIOPHARMA: Notice Procedures for Equity Securities Approved
SIRGOLD INC: Trustee Gets Approval to Hire Maltz Auctions

SOUTHCROSS ENERGY: To Enter Into $227.5M Exit Facilities
SOUTHWESTERN ENERGY: Egan-Jones Hikes FC Sr. Unsec. Rating to BB+
TELEGUAM HOLDINGS: Moody's Lowers 1st Lien Loans Rating to B2
THOMASRILEY STRATEGIES: Seeks Approval to Hire Financial Advisor
TRC COS: S&P Affirms 'B' Issuer Credit Rating; Outlook Stable

VILLAGE HEALTH: U.S. Trustee Unable to Appoint Committee
WESTERN COMMUNICATIONS: Selling Smith River Property for $265K
WESTERN ROBIDOUX: Seeks to Retain German May as Special Counsel
WILLIAM FOCAZIO: Selling Two Vehicles for $105K
YIPPIE DOODLE : U.S. Trustee Unable to Appoint Committee

ZENERGY BRANDS: U.S. Trustee Forms 3-Member Committee
ZUMOBI INC: U.S. Trustee Unable to Appoint Committee
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

360 MORTGAGE: Taps Lanier, Daniels & Tredennick as Special Counsel
------------------------------------------------------------------
360 Mortgage Group, LLC, seeks approval from the U.S. Bankruptcy
Court for the Western District of Texas to hire The Lanier Law
Firm, P.C. and Daniels & Tredennick, L.P. as litigation counsel.

The firms will represent the Debtor in the prosecution of claims
against Fortress Investment Group LLC.

Pursuant to the terms of their contract with the Debtor, the firms
are entitled to payment for their services in an amount equal to
(i) 40 percent of the Debtor's total recovery if the recovery is
made prior to the filing of a notice of appeal and an appeal bond
by any party; or (ii) 45 percent of the Debtor's total recovery if
the recovery is made after a notice of appeal has been filed by any
party.  

Lanier and Daniels & Tredennick are "disinterested" within the
meaning of Section 101(14) of the Bankruptcy Code, according to
court filings.

Lanier can be reached through:

     Alex J. Brown, Esq.
     The Lanier Law Firm, P.C.
     10940 W. Sam Houston Pkwy N., Suite 100
     Houston, TX
     Phone: 713-659-5200
     Fax: 713-659-2204
     Email: Alex.Brown@LanierLawFirm.com

Daniels & Tredennick can be reached through:

     Douglas A. Daniels, Esq.
     Daniels & Tredennick, L.P.
     6363 Woodway Drive, Suite 965
     Houston, TX 77057
     Phone: 713-917-0024
     Fax: 713-917-0026
     Email: doug.daniels@dtlawyers.com  

                     About 360 Mortgage Group

360 Mortgage Group, LLC, a provider of mortgage services, sought
Chapter 11 protection (Bankr. W.D. Tex. Case No. 19-11375) on Oct.
7, 2019.  The Debtor was estimated to have assets of $1 million to
$10 million and liabilities of the same range as of the bankruptcy
filing.  The Hon. Tony M. Davis is the case judge.  Husch Blackwell
LLP, led by Lynn H. Butler, Esq., is the Debtor's legal counsel.


900 CESAR CHAVEZ: Case Summary & 4 Unsecured Creditors
------------------------------------------------------
Four affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

     Debtor                                       Case No.
     ------                                       --------
     900 Cesar Chavez, LLC (Lead Case)            19-11527
     814 Lavaca Street
     Austin, TX 78701

     905 Cesar Chavez, LLC                        19-11528
     5th and Red River, LLC                       19-11529
     7400 South Congress, LLC                     19-11530

Business Description: 900 Cesar Chavez, LLC is engaged in renting
                      and leasing real estate properties.  The
                      Debtors are Single Asset Real Estate
                      entities (as defined in 11 U.S.C. Section
                      101(51B)).

Chapter 11 Petition Date: November 4, 2019

Court: United States Bankruptcy Court
       Western District of Texas (Austin)

Judge: Hon. Tony M. Davis

Debtors'
Bankruptcy
Counsel:          Evan J. Atkinson, Esq.
                  WALLER LANSDEN DORTCH & DAVIS LLP
                  100 Congress Ave, Suite 1800
                  Austin, TX 78701
                  Tel: 512-685-6400
                  Fax: 512-472-5248
                  Email: Evan.Atkinson@wallerlaw.com

                    - and -

                  Morris D. Weiss, Esq.
                  WALLER LANSDEN DORTCH & DAVIS, LLP
                  100 Congress Ave Suite 1800
                  Austin, TX 78701-4042
                  Tel: 512-685-6400
                  Fax: 512-685-6417
                  E-mail: morris.weiss@wallerlaw.com

900 Cesar Chavez's
Estimated Assets: $1 million to $10 million

900 Cesar Chavez's
Estimated Liabilities: $10 million to $50 million

The petition was signed by Brian Elliott, corporate counsel.

A full-text copy of 900 Cesar Chavez's petition containing, among
other items, a list of the Debtor's four unsecured creditors is
available for free at:

           http://bankrupt.com/misc/txwb19-11527.pdf


AMD DEALERSHIP: Seeks to Hire Orenstein Law Group as Legal Counsel
------------------------------------------------------------------
AMD Dealership Mesquite, LLC, seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Texas to hire
Orenstein Law Group, P.C. as its legal counsel.
   
The firm will provide services in connection with the Debtor's
Chapter 11 case, which include legal advice regarding its powers
and duties under the Bankruptcy Code; investigation of its
financial condition and business; and the preparation of a
reorganization plan.

The firm's hourly rates are:

     Rosa Orenstein     $475
     Nathan Nichols     $300
     Legal Assistants   $100

Orenstein received a retainer in the amount of $50,000, which
included the filing fee of $1,717.

Orenstein is "disinterested" within the meaning of Section 101(14)
of the Bankruptcy Code, according to court filings.

The firm can be reached through:

     Rosa R. Orenstein, Esq.
     Orenstein Law Group, P.C.
     1201 Elm St, Suite 4020
     Dallas, TX, TX 75270
     Tel: (214) 757-9101
     Fax: (972) 764-8110
     Email: rosa@orenstein-lg.com

                     AMD Dealership Mesquite

AMD Dealership Mesquite, LLC -- https://www.mazdaofmesquite.com/ --
is a Mazda car dealer serving Plano, Garland, Rockwall, Mesquite
and surrounding areas.  It operates the Mazda of Mesquite
dealership where it sells new and used automobiles.  It is 100%
owned by Paradigm Auto Investments, LLC, a company owned by Emmett
Murphy and his spouse Lila A. Murphy.  Mr. Murphy owns 96% of
Paradigm while Ms. Murphy owns 4% of the company.

On Oct. 3, 2019, AMD Dealership Mesquite sought Chapter 11
protection (Bankr. E.D. Tex. Case No. 19-42757) in Sherman, Texas.
The Debtor was estimated to have $10 million to $50 million in
assets and liabilities as of the bankruptcy filing.  The Hon.
Brenda T. Rhoades is the case judge.  Orenstein Law Group, P.C.,
led by Rosa R. Orenstein, is the Debtor's counsel.


AMERICAN ROCK: Moody's Raises CFR to B2, Outlook Stable
-------------------------------------------------------
Moody's Investors Service upgraded American Rock Salt Company LLC's
corporate family rating to B2 from B3 and probability of default
rating from B2-PD from B3-PD. Instrument ratings are detailed. The
outlook is stable.

Upgrades:

Issuer: American Rock Salt Company LLC

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

Corporate Family Rating, Upgraded to B2 from B3

Senior Secured 1st Lien Term Loan, Upgraded to B2 (LGD4) from B3
(LGD4)

Outlook Actions:

Issuer: American Rock Salt Company LLC

Outlook, Remains Stable

RATINGS RATIONALE

The upgrade reflects the improved credit profile and its view that
a strong projected operating performance, continuously solid demand
for deicing salt and higher expected realized prices in the next
12-18 months will allow the company to sustain debt protection
metrics appropriate for the B2 rating. The company's debt/EBITDA,
as adjusted by Moody's declined from 6.6x in fiscal 2017 to 3.6x in
the twelve months ended June 30, 2019. Moody's expects debt/EBITDA
as adjusted by Moody's, to range between below 4x and 7x over the
rating horizon depending on the number of snow and ice events. The
upgrade also assumes the company will not pursue a dividend
recapitalization or make a significant distribution that will
increase its indebtedness, reduce financial flexibility and
constrain its ability to maintain a credit profile appropriate for
the B2 rating through mild winters.

Customer salt inventories were low following the above-average
winter weather events during the 2017-2018 winter season and
another harsh winter season in 2018-2019, supporting strong demand
for deicing salt and benefitting US salt producers including
American Rock Salt. Although the improvement in ARS's credit
metrics is mostly attributed to favorable winter season (high
number of snow and ice events) and the resulting increase in EBITDA
and free cash flow, the company is capable of generating modest
free cash flow through mild winters as well, by scaling back
production, reducing costs and limiting margin compression.

American Rock Salt is expected to have an adequate liquidity for at
least the next 12 months. Moody's anticipates positive cash flow
from operations on an annual basis, but expect significant
quarterly variation due to the seasonality of the salt business and
the need to build up inventories in advance of the selling season.
The company builds cash on the balance sheet in the first and
second fiscal quarters (fourth and first calendar quarters) as it
collects accounts receivable from the snow season and uses most of
its cash in the third and fourth fiscal quarters. Moody's expects
the company will rely on its $60 million asset-based revolving
credit facility (unrated) to fund inventory build-up before
collecting significant cash in the first calendar quarter of the
year. As of June 30, 2019, the company had $7 million in cash and
cash equivalent and approximately $25 million of availability under
the RCF. The revolver is subject to borrowing base and expires in
2025. The revolver commitment steps down to $30 million from March
to August each year and contains a springing fixed charge coverage
ratio test of 1.1x if revolver excess availability is less than 10%
of the borrowing base. Moody's does not expect the covenant will be
triggered over the next four quarters.

The stable outlook reflects its expectation that the company
continues to generate free cash through mild winters. The stable
outlook also assumes the company does not perform a dividend
recapitalization.

By the nature of its business, i.e. deriving 100% of its revenues
from underground mining of rock salt deposits, American Rock Salt
faces a number of ESG risks typical for a company in the mining
industry, including compliance with stringent health, safety and
environmental regulations. However, the ESG risks for ARS are
generally lower than those of base and precious metals producers
because salt mining is considered less hazardous and requires less
processing (crushing and grinding). The governance risk is above
average given the company's private equity ownership has shown to
support an aggressive dividend policy with a significant amount of
cash flows that had historically been distributed to shareholders.

Moody's sees limited upside to the company's ratings due to its
current business profile (operating a single mine), modest size and
history of re-levering the company. However, quantitatively,
Moody's would consider an upgrade if the company pays down debt so
that in mild (trough) winter conditions leverage does not exceed
4x, the company maintains good liquidity and a conservative
financial policy (i.e. does not continually dividend out excess
cash or lever up to take advantage of improved earnings).

Moody's could downgrade the ratings if in mild (trough) winter
conditions leverage is expected to exceed 7.5x, interest coverage
to fall below 2x and sustained liquidity (cash and revolver
availability) to decline below $30 million. Moody's could also
downgrade the ratings if the company undertakes a large
debt-financed acquisition or sizeable dividend recapitalization or
makes a significant distribution that will constrain its ability to
maintain a credit profile appropriate for the B2 rating through
mild winters.

The principal methodology used in these ratings was Chemical
Industry published in March 2019.

American Rock Salt Company LLC produces highway deicing rock salt.
The company operates a single mine in upstate New York and sells
primarily to state and local government agencies in the
northeastern United States. The firm is a wholly-owned subsidiary
of American Rock Salt Holdings LLC, which is closely-held by
private investors including some members of management. The company
does not publicly disclose its financial statements. Headquartered
in Retsof, NY, American Rock Salt generated approximately $298
million in revenue for the twelve months ended June 30, 2019.


ASHFORD HOSPITALITY: Egan-Jones Lowers Sr. Unsecured Ratings to B+
------------------------------------------------------------------
Egan-Jones Ratings Company, on November 1, 2019, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued Ashford Hospitality Trust Incorporated to B+ from BB-.

Ashford Hospitality Trust is a real estate investment trust (REIT)
focused on investing opportunistically in the hospitality industry
in upper upscale, full service hotels.



AURORA HOME: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
The Office of the U.S. Trustee on Nov. 1, 2019, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Aurora Home Care Inc.

                      About Aurora Home Care

Aurora Home Care, Inc. is a licensed home care services agency
specializing in the provision of excellent private duty nursing
services.

Aurora Home Care, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D.N.Y. Case No. 19-12012 ) on Sept. 27,
2019.  At the time of the filing, the Debtor had estimated assets
of between $100,001 and $500,000 and liabilities of between
$500,001 and $1 million.  The case is assigned to Judge Carl L.
Bucki.  The Debtor is represented by Frederick J. Gawronski, Esq.,
at Colligan Law, LLP.


BOBALU INC: Seeks to Hire Tamarez CPA as Accountant
---------------------------------------------------
Bobalu, Inc., seeks approval from the U.S. Bankruptcy Court for the
District of Puerto Rico to hire an accountant.
   
In an application filed in court, the Debtor proposes to employ
Tamarez CPA, LLC to provide these services:

     (a) reconciliation of financial information to assist Debtor
in the preparation of monthly operating reports;

     (b) assist in the reconciliation and clarification of proof of
claims filed and amount due to creditors, including tax
investigation initiated by the PR Department of Treasury;
  
     (c) provide general accounting and tax services to prepare
quarterly tax returns, withholding statements, year-end reports and
income tax preparation; and

     (d) assist the Debtor in the preparation of supporting
documents for its Chapter 11 reorganization plan.

Tamarez will be paid a fixed monthly fee of $700.

Albert Tamarez-Vasquez, the firm's accountant who will be providing
the services, disclosed in court filings that he is "disinterested"
within the meaning of Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Albert Tamarez-Vasquez
     Tamarez CPA, LLC
     P.O. Box 194136
     San Juan, PR 00919-4136
     Phone: (787) 795-2855
     Fax: (787) 200-7912
     Email: atamarez@tamarezcpa.com

                         About Bobalu Inc.

Bobalu Inc., a privately held company headquartered in Carolina,
P.R., sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D.P.R. Case No. 19-05691) on Oct. 1, 2019.  At the time of
the filing, the Debtor had estimated assets of less than $50,000
and liabilities of between $1 million and $10 million.  The case is
assigned to Judge Mildred Caban Flores.  The Debtor is represented
by Enrique M. Almeida Bernal, Esq., and Zelma Davila, Esq., at
Almeida & Davila, PSC.


BOROWIAK IGA: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The Office of the U.S. Trustee on Nov. 1 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Borowiak IGA Foodliner Inc.

                      About Borowiak IGA

Borowiak IGA Foodliner, Inc., d/b/a Borowiak's IGA, --
https://www.borowiaksonline.com/ -- is a food retailer in Southern
Illinois offering canned foods and dry goods, beverages, cocktails,
breads, casseroles, and other related products.  The Debtor owns
and operates three grocery stores located in Albion, Mt. Carmel and
Carterville, Ill.  Earlier in 2019, the Debtor has closed its
stores in Mt. Vernon, Centralia and Grayville.  In late 2018, the
Debtor closed one store in Lawrenceville.

The Debtor sought Chapter 11 protection (Bankr. S.D. Ill. Case No.
19-40699) on Sept. 17, 2019 in Benton, Illinois.  In the petition
signed by Trevor Borowiak, president, the Debtor disclosed
$2,205,931 in assets and $9,097,877 in liabilities.  Judge Laura K.
Grandy is assigned the Debtor's case.  Antonik Law Offices
represents the Debtor.


BURFORD CAPITAL: S&P Assigns 'BB-' Long-Term ICR; Outlook Stable
----------------------------------------------------------------
S&P Global Ratings said it assigned its 'BB-' long-term issuer
credit ratings to Burford Capital Ltd., Burford Capital LLC, and
Burford Capital Global Finance LLC. The outlook is stable.

The ratings reflect Burford's leading market position in the
litigation finance niche, its relatively low leverage, and its
strong track record of investment returns since inception in 2009.
Conversely, the ratings also reflect the binary nature of
investment outcomes in litigation finance investing with little
principal protection, and the potential liquidity risks associated
with a large amount of unfunded commitments combined with a highly
illiquid investment portfolio that yields unpredictable litigation
investment realizations.

The stable outlook reflects S&P's expectation that as Burford
continues to grow both its balance sheet and investment management
businesses, the company will be able to maintain its currently
favorable investment return profile where, despite a relatively
high number of failed investments, the successful investments
provide more than sufficient compensation because of their
asymmetric return profile. The stable outlook also considers
Burford's low leverage (debt to ATE of 0.46x as of June 30, 2019)
and S&P's expectation that Burford would remain below 1.0x over the
next 12 months.

"We could lower our ratings on Burford if leverage increases beyond
1.0x on a sustained basis. We could also lower the ratings if we
believe that Burford's investment performance weakens considerably,
which could be indicated by lowered investment realizations over a
six to 12 month period or by a rise in the ratio of cases that are
concluded with a return less than invested principal," S&P said.

"We view an upgrade as unlikely over the next 12 months. Over the
longer term, we could upgrade the company if its portfolio reaches
a maturity and diversification that would reduce potential
lumpiness of revenues and provide a more stable and predictable
flow of earnings," the rating agency said.


CALAIS REGIONAL: Seeks to Hire Kelly Remmel as Special Counsel
--------------------------------------------------------------
Calais Regional Hospital seeks approval from the U.S. Bankruptcy
Court for the District of Maine to hire Kelly, Remmel & Zimmerman
as special counsel.
   
The firm will provide legal advice regarding health care law and
related regulatory matters.

Julius Ciembroniewicz, Esq., the firm's attorney who will be
providing the services, charges an hourly fee of $320.

Mr. Ciembroniewicz disclosed in court filings that the firm does
not represent any interest adverse to the Debtor and will not
represent anyone in matters adverse to the Debtor while it is in
bankruptcy.

Kelly Remmel can be reached through:

     Julius Ciembroniewicz, Esq.
     Kelly, Remmel & Zimmerman
     53 Exchange St.  
     P.O. Box 597  
     Portland, ME 04112
     Phone: (207) 775-1020  
     Fax: (207) 773-4895
     Email: JuliusC@krz.com
            info@krz.com

                  About Calais Regional Hospital

Based in Calais, Maine, Calais Regional Hospital --
https://www.calaishospital.org/ -- operates as a non-profit
organization offering cardiac rehabilitation, emergency, food and
nutrition, home health, inpatient care unit, laboratory, nursing,
radiology, respiratory care and stress testing, surgery, and social
services.

Calais Regional Hospital filed a Chapter 11 Petition (Bankr. D.
Maine Case No. 19-10486) on Sept. 17, 2019.  At the time of filing,
the Debtor had estimated assets and liabilities of $10 million to
$50 million.

The case is assigned to Hon. Michael A. Fagone.

The Debtor's attorneys are Sage M. Friedman, Esq., Andrew Helman,
Esq., Katherine Krakowka, Esq., Kelly McDonald, Esq., at Murray
Plumb & Murray, in Portland, Maine.


CAPITAL RESTAURANT: Seeks Court Approval to Hire OCPs
-----------------------------------------------------
Capital Restaurant Group, LLC, seeks approval from the U.S.
Bankruptcy Court for the Northern District of Georgia to hire
professionals used in the "ordinary course" of business.

The request, if granted by the court, would allow the Debtor to
hire OCPs without having to file separate employment applications.

The Debtor also proposes that the compensation for each OCP be
limited to monthly fees (exclusive of expenses) of $15,000.

One of the OCPs that the Debtor seeks to employ is Madison,
Wis.-based AJ Restaurant Accounting, LLC.  The firm will provide
accounting services to the Debtor in the ordinary course of
business.

                  About Capital Restaurant Group

Capital Restaurant Group, LLC owns and operates 17 restaurants in
South Carolina under franchise agreements with Burger King
Corporation.  It employs over 400 people in the greater Orangeburg,
Charleston, and Myrtle Beach communities and employs up to 600
people during its peak season.

Capital Restaurant Group filed a voluntary Chapter 11 petition
(Bankr. N.D. Ga. Case No. 19-65910) on Oct. 10, 2019.  At the time
of the filing, the Debtor had estimated assets of between
$10,000,001 and $50 million and liabilities of between $1,000,001
and $10 million.  

The case is assigned to Judge Wendy L. Hagenau.  Benjamin Keck at
Rountree, Leitman & Klein, LLC, represents the Debtor as counsel.


CASA SYSTEMS: Moody's Lowers CFR to B3, Outlook Negative
--------------------------------------------------------
Moody's Investors Service downgraded Casa Systems, Inc.'s Corporate
Family Rating to B3 from B2 and Probability of Default Rating to
B3-PD from B2-PD. The company's senior secured credit facility
rating was downgraded to B3 from B2. The Speculative Grade
Liquidity Rating was downgraded to SGL-3 from SGL-2. The rating
outlook was changed to negative from stable. The downgrade follows
Casa's announcement of earnings for the third fiscal quarter ended
September 2019 and lowered guidance for fiscal 2019.

RATINGS RATIONALE

The B3 CFR reflects elevated business risk and financial pressures
encountered by Casa in recent periods, driven by delays in its
customers' spending on network infrastructure upgrades.
Management's public guidance indicates limited EBITDA generation in
2019 (especially when reduced by stock based compensation per
Moody's methodology), and free cash flow for the year will be
negative. Casa's core cable equipment operations are facing an
industry technology transition with high uncertainty of outcomes
and timing, while its wireless business has not yet increased its
scale. While the credit profile benefits from adequate cash
liquidity, Moody's expects free cash flow in 2020 to be about
breakeven.

The rating is supported by diversification of the business
portfolio across cable, wireless, and fixed telecom markets. The
advent of customer spending on 5G network upgrades and a recovery
of customer spending on cable network upgrades would support higher
levels of revenue generation and profitability, if it were to occur
in late 2020 or in subsequent periods. Moody's believes that the
technology and competitive landscape in Casa's markets remain
fluid, with a high degree of variance around potential outcomes and
therefore low forecast visibility. Casa's operating strategy in
2019 has focused on bolstering strategic positioning with increased
R&D and SG&A expenses, which may be beneficial for returning to
growth but in the short-term has pressured profitability. Possible
cost reduction actions in 2020 would help support the credit
profile.

The negative outlook reflects limited earnings generation relative
to debt balances and uncertainty of recovery over the next 12 to 18
months. The outlook could be revised to stable if Casa demonstrates
sustained revenue and earnings improvement from current levels,
with an expectation of positive free cash flow. The ratings could
be upgraded if Casa demonstrates consistent revenue growth and
positive free cash flow, and if leverage is sustained below 6.0x.
The ratings could be downgraded if earnings fail to recover from
current levels, negative free cash flow is sustained, or liquidity
weakens.

Casa's adequate liquidity, as reflected in the liquidity rating of
SGL-3, is supported by available cash balances as of September 30,
2019 of about $124 million. Free cash flow is expected to be about
breakeven over the next 12-18 months. The $25 million revolving
credit facility (currently undrawn) is subject to a springing net
leverage covenant of 5.0x if utilization exceeds 30%. Based on
management's public guidance, Moody's does not expect the company
to meet the 5.0x level in the fourth quarter of 2019, which will
prevent utilization of the revolver above the 30% threshold.

The B3 ratings for Casa's senior secured credit facilities reflect
a B3-PD Probability of Default Rating ("PDR") and a Loss Given
Default assessment of LGD3. The facility ratings are consistent
with the CFR reflecting the single class of secured debt comprising
the preponderance of Casa's capital structure.

Casa is majority owned by its chairman and chief executive officer
and Summit Partners, with a total director and officer ownership
position of about 64%. The board of directors is comprised of two
management members, a Summit Partners representative, and four
unaffiliated directors. The company's near-term financial policy is
focused on investment in technology and capabilities to support its
competitive position in the evolving cable and wireless network
equipment industries.

The following rating actions were taken:

Downgrades:

Issuer: Casa Systems, Inc.

Corporate Family Rating, Downgraded to B3 from B2

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

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

Senior Secured Term Loan, Downgraded to B3 (LGD3) from B2 (LGD4)

Senior Secured Revolving Credit Facility, Downgraded to B3 (LGD3)
from B2 (LGD4)

Outlook Actions:

Issuer: Casa Systems, Inc.

Outlook, Changed To Negative From Stable

The principal methodology used in these ratings was Diversified
Technology published in August 2018.

With revenues pro forma for acquisitions of about $343 million
projected for 2019, Casa provides networking solutions to the
cable, wireless and telecom industries.


CHARTER HIGH SCHOOL: S&P Cuts 2013 Revenue Bond Rating to 'CCC'
---------------------------------------------------------------
S&P Global Ratings lowered its long-term rating to 'CCC' from
'CCC+' on the Philadelphia Authority for Industrial Development,
Pa.'s series 2013 charter school revenue bonds, issued for The
Designing Futures Foundation on behalf of Charter High School for
Architecture & Design (CHAD). The outlook remains negative.

"The downgrade is based on our view that CHAD, which surrendered
its charter and announced that it would cease school operations on
June 30, 2020, is unlikely to have its program continue under any
other educational operator," said S&P Global Ratings credit analyst
James Gallardo. "However, despite the school's impending closure at
the end of fiscal 2020, we expect CHAD to make its fiscal 2020 debt
service payments on the 2013 bonds, including its Dec. 31, 2019
payment, from operating and other reserves."

In accordance with S&P's criteria, ratings in the 'CCC' category
reflect its view that there is greater than a one-in-two likelihood
of default.

The negative outlook reflects S&P's anticipation that CHAD will
close as a charter school on June 30, 2020, which will severely
curtail its financial operations and ability to service its debt
beyond the near term.


CHENIERE CORPUS: Moody's Rates $1BB Sec. Notes Ba1, Outlook Pos
---------------------------------------------------------------
Moody's Investors Service assigned a Ba1 rating to Cheniere Corpus
Christi Holdings, LLC's $1.0 billion senior secured note offering.
The outlook for CCH is positive.

Proceeds from the offering will be used to refinance and retire a
similar amount outstanding under CCH's $4.8 billion term loan due
June 2024. The senior secured notes will rank pari passu with CCH's
term loan and its five series of existing senior secured notes
totaling approximately $5.5 billion, also rated Ba1.

Assignments:

Issuer: Cheniere Corpus Christi Holdings, LLC

Senior Secured Regular Bond/Debenture, Assigned Ba1

RATINGS RATIONALE

The Ba1 rating assigned to CCH's secured notes reflects the stable
and meaningful cash flow stream expected under long-term LNG Sale
and Purchase Agreements with nine third-party financially sound
rated off-takers. CCH has continued its transition to an operating,
cash flow producing asset with investment grade characteristics.
Significant milestones achieved this year include the substantial
completion and commercial operation of Trains 1-2, the start of two
20-year Sale and Purchase Agreements (SPA), the receipt of
meaningful equity contributions from Cheniere Energy, Inc.
(Cheniere: not rated) including $130 million to prepay the CCH term
loan and progress in constructing Train 3, which is ahead of
schedule.

These positives are balanced by CCH's highly leveraged capital
structure (approximately $10.3 billion of debt), operational risk
as Trains 1&2 increase operating activities and construction risk
around Train 3, which is expected to achieve commercial operation
in the first half of 2021.

Rating Outlook

The positive outlook considers an expectation that CCH's financial
outlook will continue to improve as operational activities ramp-up,
thereby producing incremental cash flow, and as progress continues
around Train 3 construction.

Factors that could lead to an upgrade

Consideration of an upgrade to investment grade would likely
require 1) progress on Cheniere's publicly stated plan to convert
the senior secured paid-in-kind notes due 2025 at an affiliate of
CCH to Cheniere common equity as soon as March 2020, 2)
satisfactory operational track record relating to Trains 1-2, 3) an
understanding of the company's financial strategy post construction
cycle and 4) continued construction progress relating to Train 3.

Factors that could lead to a downgrade

In light of the positive rating outlook, a negative rating action
appears unlikely; however, unexpected delays, significant cost
overruns relating to construction of Train 3 or material
deterioration in the credit profiles of its contractual off-takers
could cause a revision of the outlook to stable.

CCH owns Corpus Christi Liquefaction, LLC, a three train liquefied
natural gas project in Corpus Christi, Texas with a capacity of
13.5 million tonnes per annum (mtpa), and Cheniere Corpus Christi
Pipeline, L.P., a 23-mile long natural gas pipeline which will
bring feedstock to CCL from various intrastate and interstate
pipelines. CCH is a wholly-owned subsidiary of Cheniere.

The principal methodology used in this rating was Generic Project
Finance published in April 2018.


CHHATRALA GRAND: Seeks to Hire Brower Vander as Special Counsel
---------------------------------------------------------------
Chhatrala Grand Rapids, LLC and Bhogal Enterprises, LLC seek
approval from the U.S. Bankruptcy Court for the Eastern District of
Michigan to hire Brower Vander Veen, PLC as special counsel.
   
The firm will provide legal services in connection with the
acquisition, transfer and registration of a B-Hotel liquor license
and any other matters relating to the liquor license.

Brower Vander charges an hourly fee of $300 for its services.

Brennan Gorman, Esq., at Brower Vander, disclosed in court filings
that the firm and its members are "disinterested" within the
meaning of Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Brennan J. Gorman, Esq.
     Brower Vander Veen, PLC
     800 First St., Suite 357
     Muskegon, MI 49443
     Email: info@bvvlaw.com

               About Chhatrala Grand Rapids and
                     Bhogal Enterprises

Chhatrala Grand Rapids, LLC, and its affiliate Bhogal Enterprises,
LLC, operate hotels and motels.  

Chhatrala Grand and Bhogal Enterprises sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E.D. Mich. Lead Case No.
19-03908) on Sept. 16, 2019.

At the time of the filing, Chhatrala Grand had estimated assets of
less than $50,000 and liabilities of between $10 million and $50
million while Bhogal Enterprises had estimated assets of less than
$50,000 and liabilities of between $100,000 and $500,000.  

The case is assigned to Judge John T. Gregg.  The Debtor is
represented by Mark H. Shapiro, Esq., at Steinberg Shapiro & Clark.


COMMUNITY HEALTH: Egan-Jones Lowers Sr. Unsecured Ratings to CCC
----------------------------------------------------------------
Egan-Jones Ratings Company, on October 29, 2019, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Community Health Systems Incorporated to CCC from
CCC+.

Community Health Systems is a Fortune 500 company based in
Franklin, Tennessee. It was the largest provider of general
hospital healthcare services in the United States in terms of
number of acute care facilities. As of December 31, 2016, it owns,
leases or operates 158 hospitals in 22 states.



COMMUNITY HEALTH: Fitch Lowers Issuer Default Rating to C
---------------------------------------------------------
Fitch Ratings downgraded Community Health Systems, Inc.'s Issuer
Default Rating to 'C' from 'CCC' following the company's
announcement of an offer to exchange a series of senior unsecured
notes due 2022. The downgrade results from Fitch viewing the
transaction as a distressed debt exchange. Per Fitch's criteria,
the IDR will be downgraded to Restricted Default upon the
completion of the DDE. The IDR will subsequently be re-rated to
reflect the post-DDE credit profile. Fitch has also assigned a
'B'/'RR1' rating to the $500 million 8% senior secured notes due
2026 (tack-on notes).

The ratings on CHS's asset-based lending facility (ABL), revolving
credit facility, first lien senior secured notes, and junior lien
secured notes, none of which are involved in the potential exchange
offer, are not affected by the rating action. However, the ratings
on certain of these securities may change based on the recovery
prospects for these lenders in the post transaction capital
structure. Specifically, Fitch thinks recovery prospects for the
junior lien secured notes, which are currently rated 'CCC-'/'RR5',
may be lower due to a higher amount of prior ranking debt in the
capital structure.

The transaction contemplates a tender offer to exchange the $2.6
billion 6.875% senior unsecured notes due 2022 for $700 million of
8% first lien senior secured notes due 2027 as well as up to $1.9
billion of 6.875% senior unsecured notes due 2028. The new first
lien notes will share in the collateral securing the existing
first-lien senior secured notes on a pari-passu basis. The maximum
amount of new notes issued through the exchange offer will be $2.6
billion. Upon completion of the DDE, Fitch will assign ratings to
the exchanged notes; it is not relevant to the ratings that the new
securities will be the products of a DDE.

Fitch understands that the company plans to use the proceeds of the
2026 tack-on notes to retire $121 million of unsecured notes due
2020 and to pay down balances outstanding on the revolving credit
facility and the ABL; the company plans to cancel the revolving
credit facility agreement after repaying the outstanding balance.
Cancellation of this agreement is a condition to completion of the
exchange offer.

KEY RATING DRIVERS

Exchange Addresses Some Liquidity Concerns: The terms of the
proposed transactions would address near-term liquidity issues by
pushing out a large 2022 unsecured debt maturity wall and
eliminating the financial maintenance covenants in the revolving
credit facility agreement, which Fitch thinks the company is in
danger of breaching in 2020. This would buy the company more time
to execute an operational turn-around plan focused on restoring
organic growth and improving profitability of hospitals in certain
targeted markets. However, the exchange would not address the key
credit concerns of a high overall debt burden and weak FCF
generation.

Very High Debt Burden: Community Health System's balance sheet has
been highly leveraged since the acquisition of rival hospital
operator Health Management Associates, LLC (HMA) in late 2014
because EBITDA growth has been hampered by difficulties in
integration and secular headwinds to patient volumes in rural and
small suburban hospital markets. Fitch-calculated leverage at Sept.
30, 2019 was 10.0x (and 9.2x adjusting for certain one-time items
related to elevated bad expense and professional liability expense
that are not expected to reoccur), versus 5.2x prior to the
acquisition. The terms of the proposed exchange offer are expected
to be neutral to total leverage, but will raise first lien secured
leverage by about 0.8x EBITDA, to nearly 8.0x.

CHS paid down about $3 billion of term loans since the beginning of
2016 using the proceeds from the spinoff of Quorum Health Corp.,
the sale of a minority interest in several hospitals in Las Vegas
and a series of smaller divestitures. Proceeds from a February 2019
debt issuance paid down the remaining term loan balance, giving the
company greater flexibility in use of future divestiture proceeds.
While Fitch believes CHS's recent hospital sales have been for
multiples of EBITDA that are slightly deleveraging, erosion in the
base business has swamped the effect, resulting in a steady
increase in the company's leverage since mid-2016.

Incremental Progress Addressing Capital Structure: CHS has slowly
been addressing concerns in the liquidity profile through a series
of transactions culminating in the currently contemplated exchange
of the 2022 unsecured notes. A June 2018 transaction Fitch
considered a distressed debt exchange (DDE) slightly enhanced
near-term liquidity by pushing out a 2019-2020 debt maturity wall.
Proceeds of secured note issuances in June 2018 and February 2019
paid down secured bank term loans. The issuance of these
longer-dated notes incrementally improved the debt maturity
profile. If the company is successful in exchanging the 2022
unsecured notes, it will remove a significant overhang on the
liquidity profile, but large maturities will remain in each of
2021, 2023 and 2024.

Forecast Reflects Hospital Divestitures: Fitch's $1.6 billion
operating EBITDA forecast for CHS in 2019 reflects completed
hospital divestitures and hospitals under definitive agreement for
sale. The company divested 43 hospitals with $4.5 billion of
annualized revenues during 2017 and 2018, raising about $2 billion
of cash proceeds and leaving a footprint of 112 hospitals in 20
states, which has further decreased to 102 hospitals as of Sept.
30, 2019. The divestiture program is part of a longer-term plan to
improve same-hospital margins and sharpen focus on markets with
better organic operating prospects.

The company is working on further divestitures of a group of
hospitals producing $550 million of annual revenues with
mid-single-digit EBITDA margins, after selling 12 hospitals in the
first 10 months of 2019. Annual revenue of hospitals divested
through the end of the third quarter of 2019 as part of the
divestiture plan was about $2 billion and generated approximately
$750 million in gross proceeds. Similar to the earlier
divestitures, the valuations imply a deleveraging multiple, but
with nearly $14.0 billion of debt outstanding, long-term repair of
the balance sheet will require the company to expand EBITDA through
a return to organic growth and expansion of profitability in the
group of remaining hospitals. The company expects to conclude its
divestiture program in mid-2020.

Headwinds to Less-Acute Volumes: CHS's legacy hospital portfolio
faces secular headwinds to less-acute patient volumes. Volume
trends are highly susceptible to weak macroeconomic conditions and
seasonal influences on flu and respiratory cases. Health insurers
and government payors recently increased scrutiny of short-stay
admissions and preventable hospital readmissions. CHS's
same-hospital operating trends were weak in 2017 and 2018, although
quarterly results showed sequential improvement in yoy performance
on various patient volume measures throughout 2018 and in the first
nine months of 2019. The operating EBITDA margin also showed signs
of stabilization during 2018-2019 after five consecutive quarters
of yoy declines in this metric in first-quarter 2017 to
first-quarter 2018.

Repositioning Will Require Investment: A strategy of repositioning
the hospital portfolio around larger, faster-growing markets is
well aligned with secular trends. However, Fitch believes
successful execution of this plan is not without challenges from
both an operational-execution and capital-investment perspective,
particularly as it is occurring at a time when cash flow is
depressed relative to historical levels and there is a certain
amount of management attention consumed by executing the
divestiture program.

CHS produced cash flow from operations (CFFO) of $178 million in
2018, including a $266 million payment to settle legal liabilities
related to hospitals acquired from HMA. Forecasting is complicated
by the timing of divestitures, but Fitch currently expects CFFO of
about $500 million in 2019. At the 4% capital intensity management
guided to in 2019, this would result in FCF of negative $4
million.

DERIVATION SUMMARY

CHS's previous 'CCC' Issuer Default Rating (IDR) reflects the
company's weak financial flexibility with high gross debt leverage
and stressed FCF generation (CFFO less capex and dividends). The
operating profile is among the weakest in the investor-owned acute
care hospital category due to a historical focus on rural and small
suburban hospital markets that are facing secular headwinds to
organic growth. Fitch believes that some of the company's hospital
markets may require additional capital investment to improve
organic growth and profit margins, and this is concerning since
cash generation is thin.

KEY ASSUMPTIONS

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

  - Revenue decline of 6% in 2019 reflects completed divestitures
and divestitures under definitive agreement;

  - Same-hospital revenue growth of 2% throughout the forecast
period is driven by pricing as patient volumes are assumed to be
flat;

  - EBITDA before associate and minority dividends of $1.6 billion
in 2019 assumes an operating EBITDA margin of 11.6%;

  - CFFO of about $500 million in 2019;

  - Total debt/EBITDA after associate and minority dividends is
around 9.0x through the 2019-2022 forecast period.

RATING SENSITIVITIES

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

Per Fitch's criteria, CHS's IDR will be downgraded to Restricted
Default (RD) upon the completion of the debt exchange. The IDR will
subsequently be re-rated to reflect the post-DDE credit profile.
Fitch currently expects the re-rated post-exchange IDR to be no
higher than 'CCC+' given CHS's high debt burden and weak FCF
generation. Relative to the prior 'CCC' IDR, factors that would
support an upgrade to 'CCC+' include:

  - The operational turn-around plan gains traction, evidenced by
stabilization in the Operating EBITDA margin and building on the
recent trend of better growth in organic patient volumes.

  - An expectation that ongoing CFFO generation will be sufficient
to fund investment in the remaining hospital markets to support an
expectation of improved organic growth;

  - An expectation that the company will be able to successfully
refinance the note maturities beginning in 2021.

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

A post DDE IDR that is lower than the previous 'CCC' would reflect
an expectation that the company will struggle to refinance upcoming
maturities, leading Fitch to expect either another DDE or a more
comprehensive restructuring.

LIQUIDITY AND DEBT STRUCTURE

Liquidity Slim but Adequate: Between organic cash generation,
access to committed lines of credit and divestiture proceeds, Fitch
believes CHS has slim but adequate access to capital to fund
day-to-day operations and maturity of $155 million of senior
unsecured notes due Nov. 15, 2019. Sources of liquidity include
$157 million of cash on hand at Sept. 30, 2019 and availability
under the $1 billion asset-based lending (ABL) facility; $457
million was outstanding under the ABL facility at Sept. 30, 2019,
and availability is subject to a borrowing base calculation. The
company also had about $240 million available under the $385
million revolving credit facility after taking into account $145
million in outstanding letters of credit, though CHS expects to
terminate this cash flow revolver in conjunction with the exchange
offer. Fitch forecasts EBITDA/interest paid of 1.5x in 2019. The
terms of the proposed exchange will slightly increase cash interest
expense, increasing the headwind to FCF generation.

Recovery Analysis: Fitch's recovery assumptions result in a
recovery rate for CHS's approximately $8.1 billion of first-lien
senior secured debt, which includes the ABL, revolving credit
facility, and senior secured notes, within the 'RR1' range to
generate a three-notch uplift to the debt issue ratings from the
IDR. The $3.1 billion senior secured junior priority notes are
notched down by one to reflect estimated recoveries in the 'RR5'
range, and the $3.1 billion unsecured notes are notched down by two
to reflect estimated recoveries in the 'RR6' range. Fitch assumes
that CHS would fully draw the $1 billion ABL facility and the $385
million bank credit facility revolver prior to a bankruptcy
scenario and includes those amounts in the claims waterfall.

Fitch estimates an enterprise value (EV) on a going concern basis
of $9.0 billion for CHS, after a deduction of 10% for
administrative claims. The EV assumption is based on
post-reorganization EBITDA after payments to non-controlling
interests of $1.4 billion and a 7.0x multiple. Fitch's post
reorganization EBITDA estimate assuming ongoing deterioration in
the business is offset by corrective measures taken to arrest the
decline in EBITDA after the reorganization. The EBITDA estimate is
7% lower than Fitch's 2019 forecasted EBITDA. This differs from
Fitch's typical approach to determining post-reorganization EBITDA
for hospital companies, which implements a 30%-40% decline to LTM
EBITDA based on the operational attributes of the acute care
hospital sector, including a high proportion of revenue generated
by government payors, the legal obligation of hospital providers to
treat uninsured patients, and the highly regulated nature of the
hospital industry. The CHS recovery scenario is different in that
it reflects a reorganization provoked by secular headwinds to
organic growth in rural hospital markets rather than a regulatory
change that leads to lower payments to the industry.

There is a dearth of bankruptcy history in the acute care hospital
segment. In lieu of data on bankruptcy emergence multiples in the
sector, the 7.0x multiple employed for CHS reflects a history of
acquisition multiples for large acute care hospital companies with
similar business profiles as CHS in the range of 7.0x-10.0x since
2006 and the average public trading multiple (EV/EBITDA) of CHS's
peer group (HCA, UHS, LPNT and THC), which has fluctuated between
approximately 6.5x and 9.5x since 2011. CHS has recently sold
hospitals in certain markets for a blended multiple that Fitch
estimates is higher than the 7.0x assumed in the recovery analysis.
However, Fitch believes the higher multiple on recent transactions
is due to strong interest by strategic buyers in markets where they
have an existing footprint and so is not necessarily indicative of
the multiple that the larger CHS entity would command.

Upon completion of the DDE, Fitch will assign debt issue ratings
based upon a recovery analysis of the revised capital structure. In
a simplistic scenario that assumes the entire $2.6 billion
principal amount of the senior unsecured notes due 2022 are
tendered, and the assumptions used to calculate the enterprise
value available for claims are unchanged, Fitch estimates recovery
for the junior lien secured notes will drop to the 'RR6' range.

ESG CONSIDERATIONS

Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of 3 - ESG issues are credit
neutral or have only a minimal credit impact on the entity, either
due to their nature or the way in which they are being managed by
the entity.

CHS has an ESG Relevance Score of 4 for Exposure to Social Impacts
due to societal and regulatory pressures to constrain growth in
healthcare spending in the U.S. This dynamic has a negative impact
on the credit profile, and is relevant to the rating in conjunction
with other factors.


CONSTELLIS HOLDINGS: S&P Lowers ICR to 'CCC+'; Outlook Negative
---------------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Constellis
Holdings LLC to 'CCC+' from 'B-', and its issue-level ratings on
the company's first- and second-lien credit facilities to 'CCC+'
and 'CCC-', respectively.

The downgrade reflects S&P's view that Constellis's slower than
expected earnings improvement could make its capital structure
unsustainable over the long term.

Constellis continues to struggle with startup costs associated with
new contracts, revenues from new contracts not growing as fast as
planned, and the increased proportion of lower-margin domestic
work. Simultaneously, the company has struggled to grow its
backlog, with billings outpacing bookings in 2019, making it
unlikely that revenues will grow to previously expected levels. S&P
also expects free cash flow to be negative in 2019 and 2020 as the
company invests in new programs and reaches breakeven only by 2021.
Although credit ratios are improving, both the pace and extent are
less than the rating agency expected, resulting in debt toEBITDA
remaining near or above 8x through 2021."

The negative outlook on Constellis reflects that, while there are
no near-term debt maturities or imminent cash liquidity issues,
continued weak earnings and term loans trading well below par could
create an incentive for the company to pursue a distressed
exchange. Although S&P expects Constellis's credit ratios to
improve modestly in the second half of 2019 and into 2020 as new
programs ramp up, its ratios will still remain very weak, with debt
to EBITDA near or above 8x into 2021.

"We could lower our rating on the company if we believe that it
will likely default within 12 months due to a near-term liquidity
crisis or if we believe it is likely that the company would engage
in a distressed exchange offer or redemption. A liquidity crisis
would likely be driven by the loss of a key contract resulting in
further earnings deterioration, or additional cash outflows for
working capital needs," S&P said.

"We could revise the outlook to stable if we no longer have
concerns about potential near-term liquidity issues or the
possibility of a distressed exchange, but still viewed the capital
structure as unsustainable long term. This could occur if
Constellis's earnings and cash flow improve faster than we expect,
resulting in positive cash flow and lower debt leverage," the
rating agency said.


DANA INC: Fitch Rates Proposed $300MM Sr. Unsec. Notes 'BB+'
------------------------------------------------------------
Fitch Ratings assigned a rating of 'BB+'/'RR4' to Dana
Incorporated's proposed issuance of $300 million in senior
unsecured notes due 2027. Proceeds from the notes will be used to
fund a tender offer for DAN's $300 million in 6% senior unsecured
notes due 2023. DAN's Long-Term Issuer Default Rating is 'BB+' and
the Rating Outlook is Stable.

KEY RATING DRIVERS

Ratings Overview: DAN's ratings are supported by the company's
market position as a top global supplier of driveline components
for light, commercial and off-road vehicles, as well as sealing and
thermal products. The diversification of DAN's products is a credit
strength, limiting its exposure to any single end-market, although
the company's light vehicle business is primarily weighted toward
pickups and sport utility vehicles (SUVs).

Key Rating Issues: Rating concerns include industry cyclicality,
particularly in the commercial and off-highway vehicle sectors, and
volatile raw material costs. With over 40% of DAN's revenue tied to
the highly cyclical commercial and off-road vehicle segments, the
company is exposed to potentially greater revenue volatility than
suppliers that are primarily tied to the light vehicle sector,
which tends to be relatively more stable. However, DAN's more
varied product portfolio provides a level of customer
diversification not seen at its primary competitors, which could
provide benefits in an industry downturn, and commercial and
off-road vehicle components tend to carry higher margins than those
for light vehicles.

DAN's acquisition strategy is also a potential credit risk,
although Fitch expects most acquisitions will be relatively modest
and of a "bolt-on" nature. The company's attempted acquisition of
GKN plc's driveline business in 2018, which would have grown DAN's
revenue by over 80% while increasing debt by about $2 billion, was
opportunistic and not representative of DAN's typical acquisition
strategy. Also, Fitch expects DAN to consider potential
acquisitions within the context of its plan to strengthen its
credit metrics. The Oerlikon Drive Systems (ODS) acquisition
completed in February 2019 was the company's largest in several
years, and although the company funded the acquisition primarily
with debt, its decision to use term loans rather than notes has
given it the flexibility to reduce the debt in the future with
available cash.

Solid Cash Flow Generation: Fitch expects DAN to produce positive
post-dividend FCF over the next several years, with FCF margins
generally running in the low-4% range over the longer term. Fitch
expects FCF margins will benefit from the attainment of synergies
related to recent acquisitions, particularly the ODS acquisition,
as well as benefits from continued cost control efforts and higher
expected production volumes. Fitch expects capital spending as a
percentage of revenue to normalize at about 4% over the next
several years, down from an expected 5% in 2019, following the
completion of several large capital projects. In 2019, Fitch
expects DAN's FCF margin will be closer to 1.5%, in part as a
result of a discretionary $62 million pension contribution related
to the transfer of its largest U.S. plan to annuities, as well as
higher restructuring costs.

Declining Leverage: Fitch expects DAN's gross EBITDA leverage
(debt/Fitch-calculated EBITDA) to be in the low-2x range at YE 2019
and to potentially decline below 2x by YE 2020, absent any
additional debt-funded acquisitions. Fitch expects DAN will reduce
leverage through a combination of debt reduction and increased
EBITDA. The company's two term loans provide it with the
flexibility to accelerate debt reduction using FCF if it chooses to
do so. Fitch expects FFO-adjusted leverage to be in the mid-3x
range by YE 2019 and to decline toward the mid-2x range over the
next several years.

Strengthening Coverage Metrics: Fitch expects DAN's FFO
fixed-charge coverage to end 2019 in the mid-4x range and to
potentially rise above 5x in 2020 as a result of increased FFO on
higher business levels and declining debt. Fitch expects EBITDA
interest coverage (LTM EBITDA/gross interest expense) to rise
toward 10x over the next couple of years as EBITDA grows and debt
levels decline.

DERIVATION SUMMARY

DAN has a relatively strong competitive position focusing primarily
on driveline systems for light, commercial and off-road vehicles.
It also manufactures sealing and thermal products for vehicle
powertrains and drivetrains. DAN's driveline business competes
directly with the driveline businesses of American Axle &
Manufacturing Holdings, Inc. and Meritor, Inc. (BB-/Positive),
although American Axle focuses on light vehicles, while Meritor
focuses on commercial and off-road vehicles. From a revenue
perspective, DAN is similar in size to American Axle, although
American Axle's driveline business is a little larger than DAN's
light vehicle driveline business. Compared with Meritor, DAN has
roughly twice the annual revenue overall, and DAN's commercial and
off-highway vehicle driveline segments are a little larger overall
than Meritor's commercial truck and industrial segment.

DAN's EBIT and EBITDA margins are roughly in-line with auto
suppliers in the low-'BBB' range. However, EBITDA leverage is more
consistent with auto suppliers in the 'BB' range, such as Delphi
Technologies PLC (BB/Stable) or The Goodyear Tire & Rubber Company
(BB/Stable).

KEY ASSUMPTIONS

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

  -- 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.

  -- The global commercial vehicle market remains relatively strong
through 2019 and begins a cyclical decline after that. The global
off-road vehicle market weakens in the latter half of 2019 and is
somewhat volatile in subsequent years.

  -- Revenue grows in 2019 as a result of acquisitions,
particularly the ODS acquisition, as well as DAN's backlog of new
business. Beyond 2019, growth moderates as the effect of new
product programs is partially offset by slower global light and
commercial vehicle industry production.

  -- EBITDA margins remain relatively strong, in the low-teens,
over the next several years.

  -- FCF margins are solid, in the low-single-digit range in 2019
due to restructuring costs and the voluntary pension contribution
and then grow to the mid-single-digit range over the next several
years on more normalized spending levels.

  -- Capital spending runs near 5% of revenue in 2019, within the
recent historical range, and then declines toward 4% in the
following years as several significant capital projects are
completed.

  -- The company generally maintains a solid liquidity position,
with any excess cash used for debt reduction, acquisitions or share
repurchases.

RATING SENSITIVITIES

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

  - Sustained gross EBITDA leverage below 2.0x;

  - Sustained post-dividend FCF margin above 2.0%;

  - Sustained FFO-adjusted leverage below 2.5x;

  - Sustained FFO fixed charge coverage above 5.5x.

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

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

  - A debt-funded acquisition that leads to weaker credit metrics
for a prolonged period;

  - Sustained gross EBITDA leverage above 2.5x;

  - Sustained FCF margin below 1.0%;

  - Sustained EBITDA margin below 10%;

  - Sustained FFO-adjusted leverage above 3.5x;

  - Sustained FFO fixed charge coverage below 3.0x.

LIQUIDITY AND DEBT STRUCTURE

Strong Liquidity: As of Sept. 30, 2019, DAN had $422 million of
consolidated cash, cash equivalents and marketable securities. In
addition to its cash on hand, DAN maintains additional liquidity
through a $1.0 billion secured revolver that is guaranteed by the
company's wholly owned U.S. subsidiaries and is secured by
substantially all of the assets of DAN and the guarantor
subsidiaries. The revolver expires in 2024. As of Sept. 30, 2019,
$100 million was drawn on the revolver, and $21 million of the
available capacity was used to back letters of credit, leaving $879
million in available capacity prior to the upsizing. The revolver
draw was used to reduce DAN's Term Loan B borrowings by $100
million.

Based on the seasonality in DAN's business, Fitch has treated $110
million of DAN's cash and cash equivalents as not readily available
for the purpose of calculating net metrics. This is an amount that
Fitch estimates DAN would need to hold to cover negative operating
cash flow, maintenance capex and common dividends without resorting
to temporary borrowing. The $110 million figure is higher than the
$53 million used in 2018 due to Fitch's revised view on the level
of cash the company would need to hold to cover seasonality based
on seasonal cash patterns in 2018.

Debt Structure: DAN's debt structure primarily consists of
borrowings on its secured credit facility (which includes a term
Loan A, term Loan B and revolver) and senior unsecured notes issued
by both DAN and its Dana Financing subsidiary.


DANA INC: Moody's Rates New $300MM Sr. Unsec. Notes 'B2'
--------------------------------------------------------
Moody's Investors Service assigned a B2 rating to Dana
Incorporated's new $300 million senior unsecured notes. The net
proceeds from the notes, together with cash on hand, are expected
to be used to fund the tender offer of the company's existing $300
million senior unsecured noted due 2023 and pay related fees and
expenses. All other ratings of Dana's debt are unaffected,
including the corporate family rating at Ba3. The rating outlook is
stable.

The following rating was assigned:

Dana Incorporated:

New $300 million senior unsecured note due 2027, B2 (LGD5).

RATINGS RATIONALE

The ratings reflect Dana's competitive position as a manufacturer
of driveline products and a Tier 1 supplier to the automotive
original equipment manufacturers, along with expectations of a
moderate level of financial leverage going forward with debt to
EBITDA in the mid 3x range. As a key global automotive supplier,
Dana benefits from end-market and regional diversity, as well as
relatively balanced customer concentrations. Dana's focus on larger
vehicles has also aided performance as the large vehicles have been
outgrowing overall sedans, a trend which is expected to continue.
Dana's EBITA margin has been relatively solid, and Moody's expects
the margin to be in the 8% range over the coming year.

The ratings could be upgraded with expectations of sustained
revenue growth leading to improved operating performance,
EBITA/interest over 3.5x, debt/EBITDA of 3.0x or lower, and
consistent positive free cash flow, while maintaining a very good
liquidity profile. Other factors supporting an upgrade would be
cost structure improvements, to better position the company to
contend with the cyclicality and continued discipline in return of
capital to shareholders.

The ratings could be downgraded with the failure to maintain win
rates on new contracts, production volume declines at the company's
OEM customers without mitigating cost savings, or material
increases in raw materials costs that cannot be passed on to
customers or mitigated by restructuring efforts resulting in
EBITA/interest coverage approaching 2.0x, or debt/EBITDA over 4.0x.
Other developments that could lead to ratings include deteriorating
liquidity or aggressive shareholder return policies resulting in
increased leverage.

The principal methodology used in this rating was Global Automotive
Supplier Industry published in June 2016.

Dana Incorporated, headquartered in Maumee, Ohio, is a global
manufacturer of driveline, sealing and thermal management products
serving OEM customers in the light vehicle, commercial vehicle and
off-highway markets. Revenue for the LTM period ending September
30, 2019 was approximately $8.6 billion.


DATUM TECHNOLOGIES: Unsecured to Get at Least 10% of Sale Proceeds
------------------------------------------------------------------
Datum Technologies LLC, filed a liquidating plan that proposes to
pay claims from proceeds of the sale of all assets.

Datum Technologies LLC has filed a motion to sell substantially all
of its assets to AVIT, LLC.  AVIT has proposed to pay $1,050,000
for the assets and assume certain liabilities.  The sale motion
contemplates an auction procedure for higher and better offers with
a closing to occur before Dec. 31, 2019.  There will be a carve-out
from the sale for the benefit of general unsecured claims.  The
Debtor will remain in existence to wind down, reconcile proofs of
claim and distribute.  The Debtor will liquidate the remaining
assets for the benefit of creditors having allowed Claims.

QF Debt Holdings LLC, the secured creditor, will receive (i) an
allowed secured claim in the amount of the sum of (a) all cash
collateral held by the Debtor as of the Petition Date, plus (b) the
sale price resulting from the Sale (currently $1,050,000); and (ii)
an allowed general unsecured claim in the amount of the difference
between $5,930,000 and the foregoing Allowed Secured Claim.   QF
agrees to a carve-out from the sale proceeds of 10% of the amounts
otherwise distributable to it as a result of the sale, for the
benefit of general unsecured creditors.

The Debtor owes for unsecured debts, not including the unsecured
portion of the secured debts, $823,508.81.  Holders of allowed
general unsecured claims will receive their pro rata share of the
Unsecured Creditor Carve-Out less post-Effective Date
administrative fees and expenses.  The Plan defines "Unsecured
Creditor Carve-Out" means (a) 10% of the sale proceeds carved out
from the Lender's allowed secured claim, plus (b) in the event that
the Bankruptcy Court orders that Subordination Agreement is valid
and enforceable by Lender, an additional carve-out of 50% of any
monies distributable to TG Frost pursuant to the Plan on account of
TG Frost's claims.

The equity interests will be cancelled, and holders of those
interests will receive nothing under the Plan.

A full-text copy of the Disclosure Statement dated October 28,
2019, is available at https://tinyurl.com/y3pxuv7l from
PacerMonitor.com at no charge.

Proposed attorneys for Datum Technologies:

     Lori V. Vaughan
     Lara R. Fernandez
     TRENAM, KEMKER, SCHARF, BARKIN,
     FRYE, O’NEILL & MULLIS P.A.
     101 E. Kennedy Blvd., Suite 2700
     Tampa, FL 33602
     Telephone: (813) 223-7474

                  About Datum Technologies

Datum Technologies LLC -- https://www.datumtechnologies.com/ -- is
an IT services company focused on the multi-unit restaurant
industry, managing both restaurant and corporate level technology
throughout the United States. At the store level, the Company
implements, supports, and maintains a variety of points-of-sale
(POS), back office platforms, and integrations (online ordering,
loyalty, gift cards, kitchen video).  At the corporate level, it
supports above-store platforms for menu management and reporting,
along with business networking, servers, telecommunications,
desktop & peripheral products.

Datum Technologies sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 19-09507) on Oct. 7,
2019.  In the petition signed by CEO Rafael Alfonzo, the Debtor
disclosed $1,164,551 in assets and $9,846,580 in debts.  Lori V.
Vaughan, Esq. at TRENAM LAW serves as the Debtor's counsel.


DESTINATION MATERNITY: U.S. Trustee Forms 5-Member Committee
------------------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on Nov. 1, 2019,
appointed five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Destination
Maternity Corporation and its affiliates.
  
The committee members are:

     (1) Pan Pacific, Ltd.
         Attn: Suk Won Lim,  
         12, Digital-ro 31-gil
         Seoul, Korea
         Phone: 82 2 3494 9322
         Fax: 82 2 830 1011   

     (2) United Parcel Service, Inc.
         Attn: Jill Termini
         55 Glenlake Parkway, NE
         Atlanta, GA 30328
         Phone: 404-828-6455
         Fax: 404-828-6912    

     (3) Doolim Corporation
         Attn: Demian Jeon
         5F, Sungjin-bldg  
         47, Seongnae-ro 6-gil
         Gangdong-gu
         Seoul, Korea
         Phone: 82 2 2224 2028
         Fax: 82 2 478 8635

     (4) Brookfield Property REIT, Inc.
         Attn: Julie Minnick Bowden
         350 N. Orleans Street, Suite 300
         Chicago, IL 60654
         Phone: 312-960-2707
         Fax: 312-442-6374

     (5) Furi Design Inc.
         Attn: Steven Lee
         4225 St. Dominique, Suite 310
         Montreal, Quebec, H2W2T5
         Phone: 514-908-7224
         Fax: 514-908-7224
  
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 Destination Maternity

Destination Maternity is a designer and omni-channel retailer of
maternity apparel in the United States, with the only nationwide
chain of maternity apparel specialty stores, as well as a deep and
expansive assortment available through multiple online distribution
points, including our three brand-specific websites.

As of August 3, 2019, Destination Maternity operated 937 retail
locations, including 446 stores in the United States, Canada and
Puerto Rico, and 491 leased departments located within department
stores and baby specialty stores throughout the United States and
Canada.  It also sells merchandise on the Internet, primarily
through Motherhood.com, APeaInThePod.com and
DestinationMaternity.com websites.  Destination Maternity sells
merchandise through its Canadian website, MotherhoodCanada.ca,
through Amazon.com in the United States, and through websites of
certain of our retail partners, including Macys.com.

Destination Maternity's 446 stores operate under three retail
nameplates: Motherhood Maternity(R), A Pea in the Pod(R) and
Destination Maternity(R). It also operates 491 leased departments
within leading retailers such as Macy's(R), buybuy BABY(R) and
Boscov's(R).  Generally, the company is the exclusive maternity
apparel provider in its leased department locations.

Destination Maternity and its two subsidiaries sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 19-12256) on Oct. 21,
2019.  As of Oct. 5, 2019, Destination Maternity disclosed assets
of $260,198,448 and liabilities of $244,035,457.

The Hon. Brendan Linehan Shannon is the case judge.

The Debtors tapped Kirkland & Ellis LLP as legal counsel; Greenhill
& Co., LLC as investment banker; Landis Rath & Cobb LLP as local
bankruptcy counsel; Hilco Streambank LLC as intellectual property
advisor; Prime Clerk LLC as claims agent; and Berkeley Research
Group, LLC as restructuring advisor.  BRG's Robert J. Duffy has
been appointed as chief restructuring officer.


DRW HOLDINGS: Moody's Assigns B1 Rating to $300MM First Lien Loan
-----------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to a new $300
million Senior Secured First Lien Term Loan and a B1 issuer rating
to DRW Holdings, LLC. The facility will be used for general
corporate purposes and to increase trading capital at DRW's
operating subsidiaries. DRW's rating outlook is stable.

Assignments:

Issuer: DRW Holdings, LLC

Issuer Rating, Assigned B1

Senior Secured 1st Lien Term Loan, Assigned B1

Outlook Actions:

Issuer: DRW Holdings, LLC

Outlook, Assigned Stable

RATINGS RATIONALE

DRW is a technology-driven trading and liquidity-providing
corporation in operation since 1992. The firm commands strong
market shares in numerous futures and options contracts. Following
the global financial crisis, the firm also expanded into
proprietary real estate and venture capital investing.

The B1 rating reflects DRW's solid track record of performance
through various market environments and emphasis on liquid
instruments in most of its trading. DRW is also diversified by
trading strategy, asset class and venue. This provides some cushion
against market cycles and has allowed the firm to record very few
periods of loss.

The liquidity provision and algorithmic strategies result in a
liquid rapidly-turning balance sheet with minimal valuation risk to
its trading positions. DRW's deliberative and experienced
partnership culture and comprehensive risk controls is also a
credit strength. The members (most of whom have been together for
two decades) have demonstrated an ability to nimbly respond to
changing market conditions -- which has led to a positive skew to
trading revenues -- particularly within the liquidity-provision and
algorithmic strategies.

The B1 rating also reflects DRW's limited line-of-business
diversification and the inherently high level of operational risk
of DRW's trading activities. This could result in losses and a
deterioration in liquidity and funding in the event of a risk
management failure. Although DRW trades liquid instruments, its
balance sheet is highly-levered, and the firm has some reliance on
prime brokers with considerable discretion to change financing
terms. DRW mitigates this risk by diversifying amongst prime
brokers and calibrating financing terms with the prime brokers that
are consistent with its strategy.

The firm's substantial portfolio of less-liquid commercial real
estate and venture capital investments also presents a challenge to
the B1 rating. Although the portfolio is diversified and DRW has a
solid track record of selling these investments for gains, the
portfolio also ties up capital and may be exposed to write-downs in
a general commercial real-estate or market downturn.

The B1 rating also incorporates one notch of structural
subordination relative to the credit worth of DRW's operating
subsidiaries. Although certain subsidiaries are providing upstream
guarantees to the term loan, these guarantors do not represent a
substantial majority of the equity or cash flows within the group

Factors that could lead to an upgrade

A substantial reduction in balance sheet leverage or in the size of
real estate and venture capital portfolio, leaving more equity to
support trading activity

Factors that could lead to a downgrade

Substantial trading loss or risk control failure

Decline in liquidity or funding diversification or substantial
decrease in capital

DRW Holdings, LLC is a technology-driven trading corporation
headquartered in Chicago and in operation since 1992. The firm has
grown steadily to over 1000 employees operating in ten offices and
commands strong market shares in numerous OTC futures and options
contracts.

The principal methodology used in these ratings was Securities
Industry Market Makers published in June 2018.


DURA AUTOMOTIVE: U.S. Trustee Forms 5-Member Committee
------------------------------------------------------
Paul Randolph, acting U.S. trustee for Region 8, on Nov. 1
appointed five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Dura Automotive
Systems LLC and its affiliates.
  
The committee members are:

     (1) MetalKraft Industries  
         Aaron Singer
         1944 Shumway Hill Road
         Wellsboro, PA 16901
         570-724-6800 x129
         Aaron@metalkraftpm.com  

     (2) MultiTech Industries, Inc.
         Michael Farr
         350 Village Drive
         Carol Stream, IL 60188
         michaelf@argonautpe.com

     (3) Young Technology, Inc.
         Byung Sohn
         900 W.Fullerton Ave.
         Addison, IL 60101
         630-690-4320
         briansohn@ytinc.com

     (4) Lorentson Mfg. Co. SW., Inc.
         John Routt
         PO Box 932
         Kokomo, IN 46903
         765-452-4425
         JRoutt@lorentson.com

     (5) TF-Metal U.S.A., LLC
         Dolores A. Daidone
         70 Precision Drive
         Walton, KY 41094
         859-485-3977 x 104
         ddaidone@tfmetalus.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 Dura Automotive Systems

Dura Automotive Systems, LLC, together with its affiliates, is an
independent designer and manufacturer of automotive systems,
including mechatronic systems, exterior systems, and lightweight
structural systems, among others.  It is nationally certified in
the United States by the Women's Business Enterprise Council, and
operates 25 facilities in 13 countries throughout North America,
South America, Europe and Asia.  Headquartered in Auburn Hills,
Mich., the company -- https://www.duraauto.com/ -- employs
approximately 7,400 individuals.

Dura Automotive Systems sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Tenn. Lead Case No. 19-06741) on Oct.
17, 2019.

At the time of the filing, the Debtors had estimated assets of
between $100 million and $500 million and liabilities of between
$100 million and $500 million.  

The cases have been assigned to Judge Randal S. Mashburn.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as bankruptcy counsel; Bradley Arant Boult
Cummings LLP as local counsel; Portage Point Partners, LLC as
restructuring advisor; Jefferies LLC as financial advisor and
Investment banker; and Prime Clerk LLC as claims agent.


EP TECHNOLOGY: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------
The Office of the U.S. Trustee on Nov. 1, 2019, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of EP Technology Corporation
USA.

                        About EP Technology

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

EP Technology Corporation 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.


ERESEARCH TECHNOLOGY: Moody's Assigns B3 CFR, Outlook Stable
------------------------------------------------------------
Moody's Investors Service assigned a B3 Corporate Family Rating and
a B3-PD Probability of Default Rating to eResearch Technology, Inc.
Moody's also assigned B2 ratings to the company's proposed senior
secured first lien credit facilities, consisting of a $200 million
revolving credit facility expiring 2024 and a $1.155 billion term
loan due 2026. Proceeds from the new first lien term loan, the
unrated $395 million second lien term loan, and new common equity
from the private equity firms Nordic Capital and Astorg Partners
(as well as rollover equity contribution from Novo Holdings and
management), will be used to finance the acquisition of ERT in a
leveraged buyout transaction. The outlook is stable.

"The meaningful $330 million increase in debt and the deterioration
of credit metrics due to the leveraged buyout transaction weakly
positions the company within the B3 rating category with pro forma
debt-to-EBITDA leverage increasing to 7.9x from 6.3x for the twelve
months ended June 30, 2019," said Vladimir Ronin, Moody's lead
analyst for the company. "However, ongoing expansion in ERT's
bookings combined with growth in clinical trials, support good
projected growth in ERT's earnings, and solid free cash flow
generation that provide capacity to manage the higher debt and
interest burden, and de-leverage over the next two years," added
Ronin.

Moody's took the following rating actions:

Issuer: eResearch Technology, Inc.

Corporate Family Rating, Assigned B3

Probability of Default Rating, Assigned B3-PD

Proposed Gtd Senior Secured First Lien Revolving Credit Facility,
Assigned B2 (LGD3)

Proposed Gtd Senior Secured First Lien term loan, Assigned B2
(LGD3)

Outlook: Assigned Stable

Ratings assigned are subject to receipt and review of final
documentation.

Moody's took no action on and will withdraw all ratings under
Explorer Holdings, Inc. (including the B3 CFR) relating to the
pre-transaction capital structure when the debt is repaid as part
of the proposed transaction.

RATINGS RATIONALE

ERT's B3 CFR broadly reflects its very high financial leverage with
pro forma Moody's adjusted debt-to-EBITDA of 7.9x for the twelve
months ended June 30, 2019. The B3 also reflects the elevated
financial risk associated with private equity ownership evidenced
by aggressively high initial debt levels following the proposed
leveraged buy-out, as well as an aggressive track record of growth
through debt-funded acquisitions. The rating is also constrained by
ERT's significant customer concentration (albeit across a number of
different clinical trials), as well as the risk that larger better
capitalized companies could choose to pursue developing their own
electronic clinical outcome assessments. However, the rating is
supported by the company's strong market position in the niche
electronic based clinical outcome assessment market, solid growth
prospects driven by favorable industry fundamentals, solid EBITA
margins and high revenue visibility provided by contract backlog.

Moody's expects ERT's recent revenue declines related to
integration of the four recent acquisitions, to extend into early
2020. However, meaningful growth in the backlog in the last six
months indicates that the company has largely overcome the
operating challenges and that revenue growth in the high single
digits should return by mid-2020. The revenue growth coupled with
the company's cost saving initiatives will drive earnings expansion
that Moody's projects will reduce debt-to-EBITDA leverage to below
7.0x in 2020.

The stable outlook reflects Moody's expectation that ERT will
benefit from high single-digit earnings growth, cost saving
initiatives, and solid free cash flow generation, which will
support company's ability reduce leverage and maintain good
liquidity. However, even with expected EBITDA growth, leverage is
expected to remain very high due to company's aggressive financial
policies.

The ratings could be downgraded if operating performance
deteriorates, free cash flow weakens, or the company does not
reduce leverage. Liquidity deterioration, aggressive financial
policies or EBITA-to-interest below 1.25x would also cause a
ratings downgrade.

The ratings could be upgraded if the company generates meaningful
profitable revenue growth and demonstrates a commitment to less
aggressive financial policies such that debt-to-EBITDA is sustained
below 6.0x and free cash flow as a percentage of debt is maintained
above 5%.

The proposed first lien term loan is expected to have no financial
maintenance covenants while the proposed revolving credit facility
will contain a springing maximum first lien leverage ratio that
will be tested when the revolver is more than 40% drawn. In
addition, the first lien credit facility contains incremental
facility capacity up to the greater of $210 million or 100%
consolidated EBITDA, plus an additional amount subject to either a
5.5x pro forma First Lien Net Leverage Ratio, 7.2x Secured Net
Leverage Ratio, or 7.45x Total Net Leverage. Additionally,
depending on interest coverage ratio, the company may also be able
to incur unsecured debt subject to the 2.0x interest coverage
ratio. Terms allow for the release of guarantees when any
subsidiary ceases to be wholly owned and there are no "blocker"
provisions providing additional restrictions on top of the covenant
carve-outs to limit collateral leakage through transfers of assets
to unrestricted subsidiaries. There are leverage-based step-downs
in the asset sale prepayment requirement to 50% and 0% if the First
Lien Leverage Ratio is equal to or less than 5.0x and 4.5x,
respectively.

Social and governance considerations are material to ERT's credit
profile. Social risks for ERT can include a data breach event,
where intellectual property and other internal types of sensitive
records could be subject to legal or reputational issues. However,
management monitors its social risks closely, including data
protection, and workforce resource planning. Among governance
considerations, ERT's financial policies under private equity
ownership are aggressive, reflected in high initial debt levels
following the proposed leveraged buy-out, as well as a track record
of supplementing organic growth with material debt-funded
acquisitions.

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

ERT is a provider of centralized cardiac safety, respiratory
efficacy services, and electronic clinical outcome assessment
solutions to biopharmaceutical sponsors and contract research
organizations involved in the clinical trial of new drugs. The
company is largely owned private equity firms Nordic Capital and
Astorg Partners. ERT generated revenue of approximately $574
million for the twelve months ended June 30, 2019.


FALLS EVENT: Clyde Snow Represents Stickel Entities
---------------------------------------------------
In the Chapter 11 cases of The Falls Event Center LLC; The Falls At
Gilbert, LLC; The Falls At Mcminnville, LLC; The Falls At St.
George, LLC; The Falls At Fresno, LLC; The Falls At Clovis, LLC;
The Falls Of Littleton, LLC; The Falls At Cutten Road, LLC; The
Falls At Stone Oak Parkway, LLC; The Falls At Beaverton, LLC; And
The Falls At Roseville, LLC, the law firm of Clyde Snow & Sessions
submitted a verified statement pursuant to Rule 2019 to disclose
that, the firm is representing the following creditors:

(1) Walter R. Stickel, an individual

(2) W.R. and E.M. Stickel Family 1986 Revocable Trust, Walter R.
    Stickel is a Trustee of this Trust

(3) Walt Stickel Body & Frame Shop Inc., Walter R. Stickel is the
    President of this entity

(4) Brent Davies Pulley, and individual

(5) Brent D. Pulley Revocable Trust, Brent D. Pulley is a Trustee
    of this Trust

(6) Brent D. Pulley DMD, Ltd., Brent D. Pulley is the President of
    this entity

The foregoing Creditors are persons, entities, and/or trusts that
provided funds to the Debtor.

For the information and belief, formed after a reasonable inquiry,
neither CSS nor any of its attorneys have ever represented the
Debtor or any principal of the Debtor in any matter.

CSS has informed each of the Creditors in writing of the potential
for conflicts of interest that exist or may arise when a law firm
is representing multiple creditors in a bankruptcy case. CSS has
received the necessary written authorizations to allow it to
represent each of the Creditors in this Bankruptcy case. In
undertaking the joint representation of the Creditors, RQN does not
believe that the interests of one or more of these persons will be
adversely affected by RQN's representation of the others.

Counsel for Walter R. Stickel, W.R. and E.M. Stickel Family 1986
Revocable Trust, Walt Stickel Body & Frame Shop Inc., Brent Davies
Pulley, Brent D. Pulley Revocable Trust, and Brent D. Pulley DMD,
Ltd. can be reached at:

          CLYDE SNOW & SESSIONS
          James W. Anderson, Esq.
          Jonathan D. Bletzacker, Esq.
          One Utah Center, Thirteenth Floor
          201 South Main Street
          Salt Lake City, UT 84111
          Telephone: (801) 322-2516
          Facsimile: (801) 521-6280
          E-mail: jwa@clydesnow.com
                  jdb@clydesnow.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/xXcg79

                    About The Falls Event Center

The Falls Event Center LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Utah Case No. 18-25116) on July 11,
2018.  At the time of the filing, the Debtor was estimated to have
assets of $50 million to $100 million and liabilities of $100
million to $500 million.   

Judge R. Kimball Mosier oversees the case.  

Ray Quinney & Nebeker P.C. is the Debtor's legal counsel.  The
Debtor tapped Gil Miller and his firm Rocky Mountain Advisory, LLC,
as restructuring advisors.

On July 27, 2018, the U.S. Trustee appointed an official committee
of unsecured creditors in the case.

In November 2018, Judge R. Kimball Mosier entered an order
appointing a Chapter 11 trustee.  DORSEY & WHITNEY LLP is the
Trustee's counsel.


FORD MOTOR: Egan-Jones Lowers Senior Unsecured Ratings to BB
------------------------------------------------------------
Egan-Jones Ratings Company, on October 28, 2019, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Ford Motor Company to BB from BB+.

Ford Motor Company is an American multinational automaker that has
its main headquarters in Dearborn, Michigan, a suburb of Detroit.
It was founded by Henry Ford and incorporated on June 16, 1903. The
company sells automobiles and commercial vehicles under the Ford
brand and most luxury cars under the Lincoln brand.


GRANITE VALLEY: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Granite Valley Grande, LLC
        2 Park Plaza, 1140
        Irving, CA 92614

Business Description: Granite Valley Grande, LLC is a Single
                      Asset Real Estate debtor (as defined in 11
                      U.S.C. Section 101(51B)).

Chapter 11 Petition Date: November 5, 2019

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Case No.: 19-33747

Judge: Hon. Harlin DeWayne Hale

Debtor's Counsel: Vickie L. Driver, Esq.
                  CROWE & DUNLEVY, P.C.
                  2525 McKinnon St., Suite 425
                  Dallas, TX 75201
                  Tel: 214-420-2142
                  Fax: 214-736-1747
                  Email: Vickie.Driver@crowedunlevy.com
                         vdriver@crowedunlevy.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Allen L. Boerner, principal and founder
of Granite Investment Group, manager of Granite Valley Grande,
LLC.

The Debtor did not file a list of its 20 largest unsecured
creditors together with the petition.

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

         http://bankrupt.com/misc/txnb19-33747.pdf


GREEN COUNTRY ENERGY: S&P Cuts Rating to 'B'; Outlook Negative
--------------------------------------------------------------
S&P Global Ratings removed Green Country Energy LLC (GCE) from
CreditWatch where it was placed with negative implications on Aug.
12 following a seven-day forced outage.

Since GCE's negative CreditWatch placement, S&P has revised its
financial projections to reflect what it estimates is a nearly $1
million decrease in cash flows attributable to the outage, which,
after accounting for lower fuel costs due to updated S&P
assumptions, lowers the expected buffer in the debt service reserve
(DSR) to cover the 2022 mandatory redemption to a narrow $620,000.

As such, S&P removed GCE from CreditWatch and downgraded the
project to 'B' from 'B+' to reflect the reduction in expected cash
balances needed to meet the redemption. The recovery rating is
unchanged at '1' (90-100%; rounded estimate 95%), indicating the
rating agency's expectation for very high recovery in a default.

GCE is a 795 megawatt (MW) natural-gas-fired combined cycle power
plant in Jenks, Oklahoma. The project began operations in February
2002 and has a 20-year dependable capacity conversion sale
agreement (CSA) with Exelon Generation Co. LLC (Exelon). The
project and its holding company are bankruptcy-remote from parent
J-Power USA Generation L.P., a joint venture between John Hancock
Life Insurance Co. and J-Power North America Holdings Co. Ltd.

Following the summer outage, S&P has increased the amount of the
DSR that it expects to be drawn by around $840,000, resulting in
around $626,000 of remaining cushion in the reserve.
On Aug. 1, 2019, unit 2's steam turbine generator experienced a
forced outage as the result of a fault in the steam turbine
generator exciter. Unit 2 was quickly back online by Aug. 7, and
has not experienced any problems since. But the outage caused a
0.9% reduction in availability (around 46 forced outage hours), and
as it occurred during a peak month, it will affect availability on
a rolling calendar basis. Thus, capacity revenues are expected to
be around $180,000 lower in 2019 (affecting August, September, and
December), and $240,000 lower in 2020 (affecting January, February,
June, and July), for a total revenue loss over two years of
$420,000.

"The negative outlook, which we expect could remain in place for
several years, reflects our view that in the absence of a contract
to cover 2022-2024, the shortfall in the cash trap account could
increase as a result of lower revenues, higher costs, weaker
operational performance, or larger maintenance expenses. This, in
our view, could lead to a default," S&P said.

S&P will continue to monitor the cash balances in the next year. It
believes that maintaining at least the current modest cushion is
pivotal to maintaining the rating.

"Because the cushion in the DSR is so small, we would likely lower
the rating by a notch if there are any material forced outages,
unanticipated maintenance or repairs that reduce capacity payments,
increased operating expenses, or higher MM funding requirements. We
could lower the rating by multiple notches if the reserve is
projected to be depleted and we don't think that a reasonable
recovery is possible," S&P said.

Because it does not expect a new contract in the next year, S&P is
unlikely to revise the outlook to stable before then. However, S&P
could take a positive rating action if the project extended the
CSA, entered into another contract supported by lenders, favorably
changed the terms and conditions of its agreements, or increased
the cushion in the DSR (which the rating agency views as unlikely
given capacity payments are largely fixed and there are limited
opportunities for cost savings). In addition, the sponsor could try
to mitigate the shortfall. S&P does not assume that this will
occur, but if done it could support the rating. In all cases the
rating agency's minimum coverage would have to rise above 1.0x.


HOACTZIN PARTNERS: Gets Interim Approval to Hire CRO
----------------------------------------------------
Hoactzin Partners, L.P. received interim approval from the U.S.
Bankruptcy Court for the Northern District of Texas to hire Hughree
Brooks, Esq., as its chief restructuring officer.

Mr. Brooks, an attorney and owner of Amelia Exploration LLC, will
provide these services in connection with the Debtor's Chapter 11
case:

     a. work with vendors and any current or prospective lender;

     b. supervise, control and monitor all cash receipts and
disbursements;

     c. implement and supervise all aspects of the Debtor's
activities, including any sale of its assets;

     d. direct and supervise the formulation of budgets and plans;


     e. develop all aspects of financial, operational, and
administrative direction and plans;  

     f. act as the Debtor's liaison with creditors and governmental
entities;  

     g. manage the Debtor's case and administration process; and

     h. have any additional authority conferred by the Debtor and
agreed to by the CRO.

The Debtor will pay the CRO $16,000 per month (calculated at $200
per hour for a maximum of 80 hours per month unless additional
time is expressly authorized in advance).

Mr. Brooks disclosed in court filings that he does not hold any
interest materially adverse to the Debto's bankruptcy estate.

Mr. Brooks maintains an office at:

     Hughree Brooks, Esq.
     2406 Vanderbilt Court
     Rowlett, TX 75088

                    About Hoactzin Partners

Hoactzin Partners, L.P., a privately held company in the oil and
gas investment business, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Tex. Case No. 19-33545) on Oct. 26,
2019.

At the time of the filing, the Debtor was estimated to have assets
of between $1 million and $10 million and liabilities of the same
range.

The case is assigned to Judge Stacey G. Jernigan.

The Debtor is represented by Hudson M. Jobe, Esq., and Timothy A.
York, Esq., at Quilling, Selander, Lownds, Winslett & Moser, P.C.


HOUGHTON MIFFLIN: S&P Affirms 'B-' ICR; Outlook Stable
------------------------------------------------------
S&P Global Ratings affirmed its 'B-' issuer credit rating on
Houghton Mifflin Harcourt (HMH), which currently plans to refinance
its existing term loan and pay related fees with a new $330 million
term loan, $350 million of secured debt, and $102 million of cash
on hand.  The outlook remains stable.

The rating agency also assigned its 'B' issue-level rating and '2'
recovery rating to the proposed term loan. Once fully repaid, S&P
expects to withdraw the ratings on the existing debt.

The ratings affirmation reflects HMH's exposure to cyclical K-12
textbook spending and volatile free operating cash flow generation,
which has historically been robust at the top of the cycle and
negative during the trough of the cycle. While S&P expects HMH to
deliver strong FOCF generation in 2019 and 2020, the rating agency
believes FOCF could turn negative over the next 2-3 years if the
addressable new adoption textbook market returns to 2018 levels.
S&P believes HMH's proposed refinancing provides flexibility, and
recent restructuring initiatives to reduce costs should support
debt reduction with FOCF. The company has also made progress in
growing its extensions segment, which is less exposed to cyclical
curriculum spending. If the company achieves its planned cost
efficiencies and continues to grow its extensions business at an
accelerated pace, S&P believes FOCF could remain positive through
the bottom of the new textbook adoption cycle. In S&P's view,
additional debt reduction beyond annual amortization over the next
12 to 24 months ahead of the next trough would also support rating
upside consideration.

The stable outlook reflects S&P's expectation for high-single-digit
to low-double-digit FOCF to debt for the next 12 months due to
significant growth in the addressable market, and for HMH to
maintain or modestly increase its market share.

"We could raise the issuer rating if management continues to reduce
debt with FOCF, and we believe HMH's restructuring efforts to
reduce operating costs and increase its extensions billings will
result in consistent through-the-cycle neutral to positive FOCF.
This would include FOCF to debt remaining in the low- to
mid-single-digit area or higher through the next trough in the
addressable K-12 textbook market," S&P said.

"We could lower the rating if we expect HMH to lose market share or
underperform guidance on new adoption opportunities, resulting in
its inability to generate positive FOCF. In this scenario, we would
consider HMH's vulnerability and dependence on favorable conditions
to meet its financial commitments," the rating agency said.


INTERRA INNOVATION: BMSS Manager Appointed as Committee Chairman
----------------------------------------------------------------
The U.S. Trustee for Region 1 announced in a Nov. 4, 2019, filing
with the U.S. Bankruptcy Court for the District of Massachusetts
that Alison MacLaren was appointed as chairman of the official
committee of unsecured creditors in InTerra Innovation Inc.'s
Chapter 11 case.

Ms. MacLaren is an accounts receivable manager at Ballard Mack
Sales & Service, Inc.  Ballard is one of the three unsecured
creditors appointed on Oct. 31 to serve on the committee.

                   About InTerra Innovation

InTerra Innovation, Inc. -- http://www.interra-innovation.com/--
is a specialty construction materials company focused on providing
innovative solutions for the design, manufacture, delivery and
installation of products for the construction industry throughout
the United States.  It offers mobile mixing, specialty grouting,
thermal grouting, lightweight cellular concrete, and concrete and
specialty pumping.

InTerra sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Mass. Case No. 19-13469) on Oct. 11, 2019.  In the
petition signed by Frederick P. Hooper, president, the Debtor was
estimated to have assets ranging between $1 million to $10 million
and debts of the same range.  The Hon. Frank J. Bailey is the case
judge.  InTerra tapped Ruberto, Israel & Weiner, P.C. to serve as
its counsel.


JAIME JIMENEZ: Trustee Selling Lemon Grove Property for $410K
-------------------------------------------------------------
Ronald E. Stadtmueller, the Chapter 7 Trustee of Jaime Jimenez,
asks the U.S. Bankruptcy Court for the Southern District of
California to authorize him to sell the real property of the
bankruptcy estate which is located at 2150 Main Street, Lemon
Grove, California, APN 480-613-17-0, to Jose R. Delgado and
Cristina Saucedo for $410,000, subject to overbid.

In his schedules, Debtor listed in his Schedule A the Property with
a current value of $407,941, encumbered by a secured claim serviced
by Bayview Financial in the amount of $290,000.  The Debtor was
identified as the sole owner of such Property.  The Debtor's
Schedule C filed on the Petition Date further listed the Property
exempt as his homestead in the amount of $100,000.

However, despite statements asserted in the Debtor's petition, the
facts are that on the Petition Date the Debtor had no legal right
to claim a homestead exemption in the Property due to the fact he
does not nor ever has resided at the Property, but in fact resides
in Mexico.  Furthermore, the Property was occupied by tenants of
the Debtor up through the Petition Date.  Such facts are verified
by the Debtor's own testimony at his 341 meeting.

On Nov. 14, 2017 the Debtor amended his schedules to claim a
$22,975 exemption in the Property under 11 U.S.C. Section
522(d)(3).  On Dec. 11, 201, he again amended his schedules to
reduce his claimed exemption in the Property to $8,300 pursuant to
11 U.S.C. Section 522(d)(5).

The Trustee received authorization from the Court to hire a real
estate broker to market and sell the Property.  Bonnie Kipperman,
the agent for such broker, visited the Property, researched current
comparable area sales, and valued the Property at approximately
$399,900.  Accordingly, Ms. Kipperman listed the Property for sale
in the amount of $399,900.

Within several weeks the Trustee received multiple offers for the
purchase of the Property, with at least one offer above the listing
price.  Pursuant to a request from the Trustee, Ms. Kipperman
requested that all potential purchasers submit their best offer for
the purchase of the Property.  

On Dec. 27, 2017, the Trustee received an addendum offer from the
Buyers to purchase the Property for $410,000.  As this was the
highest and best offer submitted, the Trustee prepared a
Counteroffer for the Buyers, which was accepted, and an agreement
to purchase the Property was executed.  The Property will be sold
"as is, where is" condition without any representations or
warranties and transferred by quitclaim deed.  It will be sold
subject to all easements, recorded restrictions and covenants
running with the land.

Upon opening escrow, the Trustee obtained a copy of the Preliminary
Title Report ("PTR") for the Property.  The PTR revealed that there
was a 1st Lien Holder with secured by the deed of trust in the
amount of $340,000 in 2004.  It appears that this lien is being
serviced by Bayview Financial pursuant to the Debtor's schedules.
The PTR also shows that the State of California Employment
Department filed a state tax lien in the amount of $2,175 in 2008.
It further indicates that the City of San Diego has filed an
abstract of judgment against the Property in the amount of $664.

In addition, the PTR lists a "pending Court Action" recorded
against the Property by Charles A. Sirois, San Diego Superior Court
Case No. 37-2017-00017755-CU-OR-CTL.  Mr. Sirois filed a
pre-petition lawsuit against the Debtor over the cancellation of a
purchase agreement for the sale of the Property, and the action was
stayed by these bankruptcy proceedings.  This recorded lien is
disputed by the Trustee.  Finally, the PTR further indicates that
property taxes in the amount of $2,383, plus $248 in penalties and
costs, is assessed against the Property.

From the close of escrow, and subject to submittal of verifications
of demands from the 1st Lien Holder, these liens and encumbrances
and projected expenses will be paid:

     a. First Mortgage Lien - The Trustee is informed and believes
and thereon alleges that the amount owing the 1st Lien Holder is
approximately $290,000.  Such note is secured by a recorded deed of
trust encumbering the Property.  The Trustee was informed that the
amount due and owing as of April 12, 2017 was $281.431;  

     b. California State Tax lien in the amount of $2,175;

     c. City of San Diego abstract of judgment in the amount of
$664;

     d. Pro-rata portion of the $2,383.47 (plus penalty and costs
in the amount of $248) of property taxes incurred by the close of
escrow;

     e. Escrow closing costs; and

     f. Broker's Commission of 5%.

The Trustee disputes the validity of the Sirois lien filed pursuant
to a pending lawsuit regarding a contract for sale of the Property.
Such lien will not be paid upon close of escrow, but the Property
will be sold free and clear of such lien.

The Trustee respectfully asks that the Property be sold subject to
overbid with the initial overbid in the amount of $420,000 -- that
is, $10,000 more than the current sales amount, with  suggested
increments thereafter as approved by the Court in the minimum
amount of $5,000.  Any overbidder will have to purchase the
Property on the same terms and conditions as Buyers.  Additionally,
any overbidder would have to advise by  February 1, 2018, at 5:00
p.m. by email to the Trustee (ronstadtmueller@aol.com) and his
broker (Bonnie Kipperman – bonniebjk@gmail.com) of any desire to
overbid plus provide written verification of ability to fund said
sale (such as a letter from a lending institution evidencing
approval of buyer for a loan sufficient to close the transaction
and deposit account
statement showing sufficient funds to close) and deliver to the
Trustee by Feb. 3, 2018 a cashier's check payable to the Trustee in
the amount of $15,000 to match the Buyers’ deposit of $5,000 plus
the initial overbid amount of $10,000.

If the successful overbidder is unable to close the transaction, it
is respectfully requested that the Trustee be authorized to contact
the previous highest bidder to see if it is willing to close the
transaction based on its bid, and if it is so willing, then be able
to consummate the sale to it without further notice to creditors.

Escrow is anticipated to close on the sale to the Buyers herein by
late February 2018.  Accordingly, the Trustee is respectfully
requesting that the Court retain jurisdiction over the matter until
the close of escrow and transfer of possession of the Property from
the Bankruptcy Estate to the Buyers is consummated.  

In light of the need to close the transaction without further
delay, the Trustee respectfully asks a waiver of the 14-day stay of
the Sale Order pursuant to Federal Rule of Bankruptcy Procedure
6004(h).  

Finally, under the terms of the anticipated sale of the Property,
the 1st Lien Holder's claim in the principal sum of approximately
$290,000 secured by a Deed of Trust will be paid off first in
accordance with the sale.  Such payoff would be in accordance with
any payoff note as provided by the 1st Lien Holder at the time of
escrow closing.  However, should the sale of the Property be sold
as a result of an overbid, the 1st Lien Holder will likewise be
paid off first in accordance with any payoff note provided at the
time of escrow closing.  Should the sale anticipated not occur, the
1st Lien Holder will retain its lien for the full amount due and
owing and in accordance with the total payoff due on the 1st Lien
Holder's Deed of Trust.

The Trustee does not object to the 1st Lien Holder's right to
require an updated payoff demand prior to the close of any escrow.
The Trustee further agrees that the 1st Lien Holder's Deed of Trust
will not be surcharged in any way with the costs of the
sale/auction or any other administrative claims, costs or expenses
in connection with the sale/auction of the Property.

The Trustee is asking that the sale be subject to overbid with an
initial overbid in the amount of $420,000 with suggested increments
of $5,000 thereafter.

Counsel for Trustee:

        Ronald E. Stadtmueller, Esq.
        Kathryn M. Otto, Esq.
        10755 Scripps Poway Pkwy., #370
        San Diego, CA 92131
        Telephone: (858) 564-9310

Jaime Jimenez filed his Chapter 7 voluntary petition for relief
under Chapter 7 of the United States Bankruptcy Code on Sept. 19,
2017.  Ronald E. Stadtmueller was appointed as the Chapter 7
trustee in the case.



KAISER AND ASSOCIATES: Plan Has $40,000 for Unsecured Claims
------------------------------------------------------------
According to its Disclosure Statement, Kaiser And Associates, DDS,
P.A., will make payments under the Chapter 11 Plan from revenue
generated by the continued operation of the Debtor's business.  On
a post-petition basis, the Debtor says it has operated profitably.
The Debtor shall make payments under the Plan from revenue
generated by the continued operation of the Debtor's business.

Under the Plan, general unsecured creditors each with claims of
$1,001 or greater will receive a total of $20,000, payable in
quarterly installments, over a period of 60 months with interest
accruing at the federal judgment rate.  Small general unsecured
creditors -- each holding claims in the amount of $1,000 or less --
will be paid their allowed pro rata share of $20,000, with payments
to be be made in two equal installments.  According to the
Disclosure Statement, usnecured claims in the case total
$126,876.72.

A full-text copy of the Disclosure Statement dated Oct. 28, 2019,
is available at https://tinyurl.com/yxd2wnno from PacerMonitor.com
at no charge.

Attorney for Debtor:

     JASON L. HENDREN
     REBECCA F. REDWINE
     BENJAMIN E.F.B. WALLER
     HENDREN, REDWINE & MALONE, PLLC
     4600 Marriott Drive, Suite 150
     Raleigh, NC 27612
     Telephone: (919) 420-7867
     Facsimile: (919) 420-0475
     E-mail: jhendren@hendrenmalone.com
             rredwine@hendrenmalone.com
             bwaller@hendrenmalone.com

               About Kaiser and Associates

Kaiser and Associates, DDS, P.A., is a North Carolina professional
association that operates a dental practice.   Kaiser and
Associates, DDS, P.A., sought Chapter 11 protection (Bankr.
E.D.N.C. Case No. 19-01944) on April 30, 2019, estimating less than
$1 million in both assets and liabilities.  HENDREN REDWINE &
MALONE, PLLC is the Debtor's counsel.


LITTLE YORK BELTLINE: Case Summary & 8 Unsecured Creditors
----------------------------------------------------------
Debtor: Little York Beltline GP, LLC
        4713 W. Lovers Ln., Suite 200
        Dallas, TX 75209

Business Description: Little York Beltline GP, LLC classifies its
                      business as Single Asset Real Estate (as
                      defined in 11 U.S.C. Section 101(51B)).

Chapter 11 Petition Date: November 4, 2019

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Case No.: 19-33727

Judge: Hon. Stacey G. Jernigan

Debtor's Counsel: Howard Marc Spector, Esq.
                  SPECTOR & COX, PLLC
                  12770 Coit Road
                  Banner Place, Suite 1100
                  Dallas, TX 75251
                  Tel: (214) 365-5377
                  Fax: (214) 237-3380
                  E-mail: hspector@spectorcox.com
                          hms7@cornell.edu

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Reagan K. Vidal, managing member of BVC
Advisors, LLC.

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

     http://bankrupt.com/misc/txnb19-33727_creditors.pdf

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

          http://bankrupt.com/misc/txnb19-33727.pdf


MASTER'S UNIVERSITY: S&P Assigns 'BB+' Rating to 2019 Rev. Bonds
----------------------------------------------------------------
S&P Global Ratings assigned its 'BB+' long-term rating to the
California Municipal Finance Authority's series 2019 revenue bonds,
issued for The Master's University and Seminary (TMUS), Calif. The
outlook is stable.

"The rating reflects our view of TMUS' adequate enterprise and
financial profiles," said S&P Global Ratings credit analyst Phillip
Pena.

S&P assessed TMUS' enterprise profile as adequate, characterized by
a solid matriculation rate, stable enrollment, and a niche in
Christian education. It assessed TMUS' financial profile as
adequate, characterized by full-accrual operating surpluses over
the past two years, below-average available resources, and a
manageable pro forma maximum annual debt service burden. Although
S&P assessed TMUS' enterprise profile and financial profile as
adequate, the rating on TMUS is currently 'BB+' based on
accreditation risk.

In July 2018, the university received the sanction of probation
from its accreditor--Western Association of Schools and Colleges
Senior College and University Commission (WSCUC)--for lack of
compliance with WSCUC standards related to management, governance,
and transparency. TMUS has taken immediate and long-term actions to
address these standards, and it has implemented more than 60 steps
to come into compliance with WSCUC standards. While management
believes the university's accreditation issues will likely be
resolved by June 2020, S&P views the uncertainty related to
accreditation as a credit risk that separates TMUS from
higher-rated peers with similar demand and financial metrics.

The stable outlook reflects S&P's opinion that, during the one-year
outlook period, TMUS will work toward full accreditation with the
WSCUC. The rating agency also expects that the university will
maintain its trend of full-accrual operating surpluses, and will
maintain its niche market position as a provider of Christian
higher education.

The $24.1 million series 2019 bonds will refund the university's
existing direct-purchase debt with US Bank and fund various capital
projects on campus.


NAJEEB AHMED KHAN: U.S. Trustee Forms 3-Member Committee
--------------------------------------------------------
The U.S. Trustee for Region 9 on Nov. 1, 2019, appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Najeeb Ahmed Khan.
  
The committee members are:

     (1) The Commodore Corporation
         Attn: Barry S. Shein
         P.O. Box 577
         Goshen, IN 465270577

     (2) Roman Catholic Diocese of Charleston
         Attn: Elaine H. Fowler
         901 Orange Grove Road
         Charleston, SC 29407

     (3) K-Z, Inc.
         Attn: Trevor Q. Gasper
         601 East Beardsley Ave.
         Elkhart, IN 46514
  
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 Najeeb Ahmed Khan

Najeeb Ahmed Khan sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Mich. Case No. 19-04258) on Oct. 8,
2019.  The case is assigned to Judge Scott W. Dales.


NEWELL BRANDS: S&P Cuts ICR to 'BB+' on Lower Debt Reduction
------------------------------------------------------------
S&P Global Ratings lowered its long-term issuer credit rating on
Newell Brands Inc. to 'BB+' from 'BBB-' and its commercial paper
rating on the company to 'B' from 'A-3'.

The rating actions follow the company's announcement that it plans
to retain the Mapa Spontex and Quickie businesses, which it had
previously identified for sale. S&P said this decision will prevent
the company from meeting the rating agency's debt reduction and
deleveraging expectations.

Meanwhile, S&P lowered its issue-level rating on the company's
unsecured notes to 'BB+' from 'BBB-' and assigned a '4' recovery
rating, which indicates the rating agency's expectation that
lenders would receive average recovery (30%-50%; rounded estimate:
45%) of principal in the event of a default.

Newell's leverage will remain elevated because of its decision to
retain assets that it had previously attempted to sell.

Newell has decided to retain its Mapa Spontex and Quickie
businesses, which S&P had expected would generate about $500
million of proceeds for the company to use for debt reduction. S&P
still expects the company to sell its U.S. playing cards business
and use the about $200 million of proceeds to pay down its debt.
With this revision to the company's asset sale strategy, S&P now
expects that Newell will reduce its outstanding debt by slightly
over $1 billion in 2019, which compares with the rating agency's
previous expectations for about $1.5 billion of debt repayment.
Therefore, S&P now forecasts that the company's debt leverage will
remain in the mid-4x area as of the end of 2019 and in the high-3x
area in 2020, despite incremental EBITDA from its retained
businesses, which compares with the rating agency's previous
forecast for debt leverage in the 4x area this year and in the
mid-3x area in 2020.

"The stable outlook reflects our expectation that Newell will
continue to demonstrate improving sales and margins as it benefits
from its business simplification initiatives," S&P said, adding
that this should enable the company to reduce its leverage to 4x or
below over the next 12 months. The rating agency believes the
company will maintain its leverage at this level thereafter.

"We could downgrade Newell if it faces new top-line or margin
challenges, potentially stemming from increased competition in the
industry, prolonged economic weakness that reduces consumer
spending, or higher-than-expected commodity or tariff pressures
that it cannot offset with price increases or productivity
improvements. These factors could lead to market share losses or
erode the company's margin such that its leverage rises above
4.25x," S&P said, adding that it could lower its ratings on the
company if the company prioritizes shareholder returns over paying
down its debt, leading its leverage to rise above such level.

"We could raise our ratings on Newell if it continues to strengthen
its profitability by increasing its sales, its margins benefit from
further cost-savings initiatives and management's business
simplification efforts, and it improves its debt leverage toward
the mid-3x area. We would also expect the company to adopt a less
aggressive financial policy in respect to acquisitions and
shareholders returns such that we believe it will sustain its
leverage at this level before raising our rating," S&P said.


NYMAN HOLDINGS: Taps Berkshire Hathaway as Real Estate Agent
------------------------------------------------------------
Nyman Holdings, LLC, seeks approval from the U.S. Bankruptcy Court
for the District of Utah to hire a real estate agent.

In an application filed in court, the Debtor proposes to employ
Berkshire Hathaway HomeServices Utah Properties and the firm's real
estate agent, Brian Leishman, to market and sell its real property
located at 753 South 100 East, Logan, Utah.

Berkshire will get 6 percent of the purchase price as commission.
If a buyer's agent is involved in the conclusion of the sale, the
commission will be divided equally between Berkshire and the
buyer's agent.

Mr. Leishman disclosed in court filings that he is "disinterested"
within the meaning of Section 101(14) of the Bankruptcy Code.

Berkshire can be reached through:

     Brian Leishman
     Berkshire Hathaway HomeServices Utah Properties
     6340 S. 3000 E., Suite 600
     Salt Lake City, UT 84121
     Office: 435.770.9000
     Mobile: 435.770.9000
     Fax: 801.990.0499
     Email: brianleishman@bhhsutah.com

                       About Nyman Holdings

Nyman Holdings, LLC -- https://www.nymanfh.com/ -- owns a funeral
home serving the entire Cache Valley and surrounding areas.  Nyman
Holdings sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Utah Case No. 19-22667) on April 18, 2019.  At the time
of the filing, the Debtor had estimated assets of between $1
million and $10 million and liabilities of between $1 million and
$10 million.  The case is assigned to Judge Kevin R. Anderson.  The
Debtor is represented by Cohne Kinghorn, P.C.


OPEN TEXT: S&P Lowers Unsec. Debt Rating to BB on Upsized Revolver
------------------------------------------------------------------
S&P Global Ratings lowered its issue-level ratings on Open Text
Corp.'s senior unsecured debt to 'BB' from 'BB+' based on the
upsizing of the company's revolving credit facility (RCF) to US$750
million from US$450 million.

S&P has also revised its recovery prospects on the senior unsecured
debt to reflect higher secured claims (upsized RCF and existing
term loan B [TLB]) ahead of the unsecured debtholders. It has
revised the recovery rating on the senior unsecured debt to '5'
(10%-30%; rounded estimate: 20%) from '4' (30%-50%, rounded
estimate: 30%). Open Text is also extending the maturity on its RCF
to 2024 from 2022.

S&P's 'BB+' issuer credit rating (ICR), with a stable outlook, on
Open Text is unaffected by this transaction. Also, since the
transaction does not affect the recovery of the senior secured
debt, S&P has affirmed 'BBB-' issue-level ratings, with '1'
recovery ratings, on the upsized RCF and existing TLB.

In S&P's view, this transaction improves the company's liquidity
position to support Open Text's increasing scale and growth
initiatives. It projects the company to generate US$800
million-US$900 million in annual S&P adjusted free operating cash
flow from long-tenured contractual customer relationships and
moderate capital expenditure requirements; as a result, the rating
agency does not expect the upsized RCF to pressure credit metrics.
S&P's ratings incorporate its view of the company's desire to use
its balance-sheet capacity for acquisitions, thereby supporting
Open Text's overall growth strategy. Therefore, S&P forecasts the
company's low single-digit organic EBITDA growth will lead to an
adjusted debt-to-EBITDA ratio of 2.0x-2.5x over the next 12-24
months including bolt-on acquisitions to supplement Open Text's
growth in the larger enterprise information management market.

ISSUE RATINGS – RECOVERY ANALYSIS

Key analytical factors:

-- S&P's simulated default scenario incorporates the assumption
that Open Text would default in 2024.

-- In this scenario, intensifying competition and reduced demand
for the company's products and services, which could result from
technology failure or changing market preferences, lead to lost
customers and sharply weaker operating performance.

-- S&P assumes that Open Text would be reorganized or sold as a
going concern as opposed to being liquidated.

-- S&P has used an operational adjustment of 15% to derive the
emergence EBITDA, reflecting its view that Open Text would have a
higher level of debt on the path to default.

-- S&P's recovery analysis yields a net default enterprise value
of US$2.1 billion. This is based on a 6.5x multiple of US$334
million of emergence EBITDA estimate and 5% administrative
expenses.

-- Due to this, the senior secured claims have a '1' recovery
rating, indicating S&P's expectation for very high (90%-100%;
rounded estimate: 95%) recovery in the event of a default, leading
to an issue-level rating of 'BBB-'.

-- S&P typically caps issue-level ratings for entities with 'BB+'
ICRs at one notch above the ICR. It believes that the recovery
prospects for the creditors of such issuers, which are assumed
further away from any hypothetical default, might be less
predictable and more variable than those of lower-rated issuers.

-- The remaining value of US$423 million after servicing the
senior secured claims will be available to the senior unsecured
noteholders, leading to a modest (10%-30%; rounded estimate: 20%)
recovery in the event of a default, and an issue-level rating of
'BB'.

Simulated default assumptions:

-- Emergence EBITDA: US$334 million
-- Multiple: 6.5x
-- Gross recovery value: US$2.2 billion

Simplified waterfall:

-- Net recovery value for waterfall after administrative expenses
(5%): US$2.1 billion

-- Obligor/non-obligor valuation split: 97%/3%

-- Estimated priority claims: 0

-- Remaining recovery value (obligor/non-obligor): US$2.0
billion/US$22 million

-- Estimated senior secured claim: US$1.64 billion

-- Value available for senior secured claims: US$2.0 billion

-- Recovery range: 90%-100% (rounded estimate: 95%)

-- Estimated senior unsecured notes claim: US$1.7 billion

-- Value available for unsecured claim: US$423 million

-- Recovery range: 10%-30% (rounded estimate: 20%)

All debt amounts include six months of prepetition interest.

  Ratings List
  Downgraded; Recovery Rating Revised  
                                   To      From
  Open Text Corp.

  Open Text Inc.

  Open Text ULC

   Senior Unsecured                BB      BB+
   Recovery Rating              5(20%)     4(30%)

  Ratings Affirmed; Recovery Rating Unchanged  

  Open Text Corp.

  Open Text Inc.

  Open Text ULC

   Senior Secured           BBB-
   Recovery Rating         1(95%)


ORANGE COUNTY INSURANCE: Garrett Buying Orange Property for $379K
-----------------------------------------------------------------
Orange County Insurance Brokerage, Inc., doing business as Beaty
Insurance, asks the U.S. Bankruptcy Court for the Eastern District
of Texas to authorize the sale of the commercial property known as
3410 Lutcher Dr., Orange, Orange County, Texas to Garrett Capital,
Inc. for $379,393.

Objections, if any, must be filed within 21 days from the date the
Motion was served.

The property is listed on Schedule A of the Debtor's schedules at
an approximate value of $380,000.  

A sale of the property has been negotiated by the Debtor to the
Buyer for $379,393.  The parties have executed their Commercial
Contract - Improved Property.

To the best of the Debtor's knowledge, the 1st lien against the
property is held by Bridge City State Bank in the approximate
amount of $379,393.  The note will be assumed by the Buyer at
closing, thereby releasing the Debtor.  

There is a Judgment held by CommunityBank of Texas, along with a
Deed of Trust lien in the approximate amount of $75,000.  This lien
will not be paid at closing.

There are outstanding property taxes owed to Orange County for
2019.  The taxes will be paid in full at closing.

The Judgment lien held by CommunityBank of Texas should be deemed
an unsecured debt, by virtue of there being no equity in the
property.   

The property has been marketed for over a year, and there have been
no other valid offers on the property.  As such, the Debtor
believes this is the best offer and fair value for the property.  

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

     http://bankrupt.com/misc/Orange_County_Insurance_45_Sales.pdf


The Purchaser:

        GARRETT CAPITAL, INC
        3260 Eastex Freeway
        Beaumont, TX 77703
        Telephone: (409) 988-2928
        E-mail: collin@gangenterprises.com

                   About Orange County Insurance
                        d/b/a Beaty Insurance

Orange County Insurance Brokerage, Inc., an insurance agency in
Orange, Texas, sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Tex. Case No. 19-10278) on June 19, 2019.  At the
time of the filing, the Debtor disclosed $1,143,220 in assets and
$1,929,624 in liabilities.  The case is assigned to Judge Bill
Parker.  Maida Clark Law Firm, P.C., is the Debtor's legal
counsel.



PLYMOUTH EDUCATIONAL CENTER: S&P Lowers 2005 Bond Rating to 'D'
---------------------------------------------------------------
S&P Global Ratings lowered its long-term rating on Plymouth
Educational Center Charter School, Mich.'s series 2005 public
school academy revenue and refunding bonds to 'D' from 'CC'.

The lowered rating follows Plymouth's missed bond principal payment
on Nov. 1, 2019, as permitted under its forbearance agreement
between the school and U.S. Bank N.A., as trustee. The agreement is
effective from July 1, 2019, to June 30, 2020, and permits Plymouth
to miss bond principal payments during this time frame; S&P
understands the school will continue to make interest payments. The
term may be extended for an additional year with a signed written
amendment. Under S&P's criteria, it considers the non-payment of
principal and interest in a timely and full manner as equivalent to
default.


PORTERS NECK COUNTRY: Ex-Members Seek Committee Appointment
-----------------------------------------------------------
Ex-members of Porters Neck Country Club Inc. have filed a motion to
appoint a special committee to represent former club members who
hold unsecured claims.

In their motion, Mack Armstrong and Robert Graebener asked the U.S.
Bankruptcy Court for the Eastern District of North Carolina to
appoint a special committee in Porters Neck's Chapter 11 case that
will consist of not more than five members.

The group's attorney, Trawick Stubbs Jr., Esq., at Stubbs & Perdue,
P.A., said the interests of former members are distinct from those
asserted by general unsecured claimants and current members in that
they are only after of the repayment of their claims.

"Given the large number of unsecured creditors consisting almost
entirely of active and former members, formation of a special
committee of former members facilitates the adequate representation
of this group by simplifying notice requirements and improving
administrative efficiency of these proceedings," Mr. Stubbs said in
court papers.

Mr. Stubbs maintains an office at:

     Trawick H. Stubbs, Jr.
     Laurie B. Biggs N.C.
     Stubbs & Perdue, P.A.
     310 Craven Street,
     P.O. Box 1654
     New Bern, NC 28563
     Phone: 1-800-348-9404 / 252-633-2700
     Email: tstubbs@stubbsperdue.com   
            lbiggs@stubbsperdue.com  

                  About Porters Neck Country Club

Porters Neck Country Club, Inc. --
https://www.portersneckcountryclub.com/ -- is a full-service
country club, boasting an 18-hole, Tom Fazio-designed golf course,
in Wilmington, North Carolina.  The club, which promotes a family
oriented environment, also has seven state-of-the-art Har-Tru
tennis courts, a swimming complex, a fitness center and dining
facilities.

Porters Neck Country Club sought Chapter 11 protection (Bankr.
E.D.N.C. Case No. 19-04309) on Sept. 19, 2019, in Wilmington, N.C.
The Debtor was estimated to have $1 million to $10 million in
assets and liabilities as of the bankruptcy filing.  The Hon.
Joseph N. Callaway is the case judge.  Hendren Redwine & Malone,
PLLC is the Debtor's counsel.


QSH/SANDERS GLEN, GA: S&P Cuts Bond Ratings to 'BB+'; Outlook Neg.
------------------------------------------------------------------
S&P Global Ratings lowered its ratings on Indiana Finance
Authority's series 2018A and 2018B health facilities revenue bonds,
issued for QSH/Sanders Glen LLC's Sanders Glen project, to 'BB+'
from 'BBB-'. The outlook is negative.

"The downgrade follows a material deterioration in the project's
financial performance in fiscal 2018, as reported in partial year
audited financials, culminating in a decrease in net cash flow from
pro forma projections," said S&P Global Ratings credit analyst
Daniel Putler. "This translated to a decline in single-year maximum
annual debt service coverage below 1.10x, which, in conjunction
with loss coverage we consider highly vulnerable, caps the rating
at 'BB+' under criteria."

The negative outlook reflects S&P's view that financial strength
and debt service coverage may continue to deteriorate, if occupancy
pressures persist in line with unaudited mid-year interim data.
Accordingly, S&P anticipates at least a one-in-three likelihood of
a lower rating within the one-year outlook period.


RADER LODGE: Proposes Auction Sale of Mitchell County Property
--------------------------------------------------------------
Rader Lodge, Inc., asks the U.S. Bankruptcy Court for the District
of Kansas to authorize the public auction sale of the real property
located in Mitchell County, Kansas, together with all items of
personal property located thereon.

A hearing on the Motion is set for Nov. 14, 2019 at 10:30 a.m.  The
objection deadline is Oct. 31, 2019.

The real property is legally described as follows, to-wit:

     Tract 1: Section 21, Township 6, Range 9 West of the 6th P.M.
located in the South Half of the Northwest Quarter of the Northwest
Quarter, except the right of way, Mitchell County, Kansas,
consisting of 18.75 acres - Deed Book / Page 95 / 524 101 / 377 116
l 311 02/D34; and

     Tract 2: Section 21, Township 6, Range 9 West of the 6tn P.M.,
West 790' of the South Half of the Northwest Quarter lying North of
railroad of Hwy 128, Mitchell County, Kansas w Deed Book / Page 98
/ 632 102 / 78 102 / 79 01 / D34.

The Real Property and Personal Property are subject to the liens of
the Mitchell County Treasurer.  The Mitchell County Treasurer filed
a tax lien in the total sum of $108,246, plus further accruing
interest, secured by the Real Property plus various items of
Personal Property.  A Proof of Claim (Claim #2) has been filed by
Mitchell Comty, Kansas.

The Real Property is further subject to the liens of the Kansas
Department of Revenue (Claim #1) in the total sum of $5,708, plus
further accruing interest.  The sum of $158 of the claim is deemed
unsecured.  The claim is for state income tax for the years 2017
and 2018.

The tax liens of Mitchell County and the Kansas Department of
Revenue will be paid from the proceeds of sale, together with the
costs of sale as more fully set forth.  The Internal Revenue
Service filed a Proof of Claim (Claim #3) as an unsecured priority
claim in the sum of $29,977 and an additional general unsecured
claim in the sum of $5,599.

Two other unsecured Proofs of Claim have been filed, LVNV Funding
LLC (Claim #4) in the sum of $1,129 and Four Rivers Development,
Inc. (Claim #5) in the sum of $44,741.  

The proceeds of sale will be used to pay to pay the costs of sale,
including:

     a. Auctioneer's commission to Hanson Auction & Realty at the
rate of 6% of the gross proceeds of sale;

     b. Title insurance to NKC Title, LLC and/or Security 1st
Title;

     c. Unpaid Debtor's attorneys' fees due Hinkle Law Firm in the
estimated amount of $12,250;

     d. United States Trustee fees associated with the proceeds of
sale calculated

     e. Secured claims of Mitchell County, Kansas and Kansas
Department of Revenue;

     f. Unsecured priority claim of the Internal Revenue Service;

     g. To the extent funds are available, the unsecured claims of
the Internal Revenue Service, Kansas Department of Revenue, LVNV
Funding LLC and Four Rivers Development, Inc. to be paid on a pro
rata basis.

Upon completion of the title evidence, an amended or restated
motion and notice will be filed.  However, it is anticipated that
the Motion will provide appropriate notice under Rule 2002 and Rule
6004 of the Federal Rules of Bankruptcy Procedure of the Debtor's
intent to sell the Real Property and Personal Property.

The sale of the Real Property has been consented to by Mitchell
County, Kansas as set forth below by the signature of its counsel
of record.

The sale of Real Property and Personal Property will be "as-is,
where-is" with no express or implied warranties or representations.


The Debtor asks that the sale of the Real Property and Personal
Property be made free and clear of all interests, liens, claims and
encumbrances.

The proposed sale is a valid exercise of the Debtor's business
judgment, and is in the best interest of the estate, its creditors
and all parties-in-interest.

                      About Rader Lodge

Rader Lodge, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
D. Kan. Case No. 19-10128) on Jan. 29, 2019, estimating under $1
million in both assets and liabilities.  The case is assigned to
Judge Robert E. Nugent.  The Debtor is represented by Edward J.
Nazar, Esq., at Hinkle Law Firm, L.L.C.


REAVANS ANNEX: Case Summary & Unsecured Creditors
-------------------------------------------------
Three affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

     Debtor                                        Case No.
     ------                                        --------
     Reavans Annex LLC                             19-33704
     1519 Annex Avenue
     Dallas, TX 75204

     Reavans Gilbert LLC                           19-33705
     4425 Gilbert Avenue
     Dallas, TX 75219

     Reavans Lake Avenue, LLC                      19-33707
     4710 Lake Avenue
     Dallas, TX 75219

Business Description: Each of Reavans Annex and Reavans Lake
                      Avenue classifies its business as Single
                      Asset Real Estate (as defined in 11 U.S.C.
                      Section 101(51B).  Reavans Gilbert is an
                      investment company, including hedge fund or
                      pooled investment vehicle (as defined in 15
                      U.S.C. Section 80a-3).

Chapter 11 Petition Date: November 4, 2019

Court: United States Bankruptcy Court
       Northern District of Texas (Dallas)

Judge: Hon. Harlin DeWayne Hale

Debtors' Counsel: Joyce W. Lindauer, Esq.
                  JOYCE W. LINDAUER ATTORNEY, PLLC
                  12720 Hillcrest Road, Suite 625
                  Dallas, TX 75230
                  Tel: (972) 503-4033
                  Fax: (972) 503-4034
                  Email: joyce@joycelindauer.com

Reavans Annex's
Estimated Assets: $1 million to $10 million

Reavans Annex's
Estimated Liabilities: $500,000 to $1 million

Reavans Gilbert's
Estimated Assets: $10 million to $50 million

Reavans Gilbert's
Estimated Liabilities: $500,000 to $1 million

Reavans Lake's
Estimated Assets: $1 million to $10 million

Reavans Lake's
Estimated Liabilities: $100,000 to $500,000

The petitions were signed by Nick Ichimaru, manager.

Full-text copies of the petitions are available for free at:

          http://bankrupt.com/misc/txnb19-33704.pdf
          http://bankrupt.com/misc/txnb19-33705.pdf
          http://bankrupt.com/misc/txnb19-33707.pdf

A full-text copy of Reavans Annex's list of three unsecured
creditors is available for free at:

       http://bankrupt.com/misc/txnb19-33704_creditors.pdf

A full-text copy of Reavans Gilbert's list of two unsecured
creditors is available for free at:

       http://bankrupt.com/misc/txnb19-33705_creditors.pdf

A full-text copy of Reavans Lake's list of three unsecured
creditors is available for free at:

       http://bankrupt.com/misc/txnb19-33707_creditors.pdf


REGAL ROW: Victron Stores Buying Property for $2.5 Million
----------------------------------------------------------
Regal Row Fina, Inc., asks the U.S. Bankruptcy Court for the
Northern District of Texas to authorize the sale of assets,
consisting of (1) the real property located at 1607 Regal Row,
Dallas, Texas comprised of both land and improvements; (2) the
personal property used in the Debtor's business such as racks,
equipment, fixtures and furnishings; and (3) inventory, to Victron
Stores, L.P. for $2.5 million.

The objection deadline is Nov. 12, 2019.

The Debtor owns the Property, all as defined and identified in the
Contract of Purchase of Business Assets.  The Debtor asks to sell
the Property to the Purchaser as set forth in the Contract for $2.5
million.  The sale will be free and clear of all liens, claims and
encumbrances, and such liens, claims and encumbrances will attach
to the sale proceeds in the order of priority and with
the same validity as they attached to the Property.  The sale
proceeds will be held by the title company or in trust pending an
order of distribution approved by the Court.   

Providence Bank claims a lien on the Property in the approximate
amount of $794,466.  Wallis State Bank claims a lien on the
Property in the approximate amount of $805,718.  World Fuel claims
a lien on the Property in the approximate amount of $20,000.
Grandy's may claim a lien on the Property in the approximate amount
of $37,440.  Texas Lottery claims a lien on the Property in the
approximate amount of $1,881.  The IRS claims a lien on the
Property in the amount of $103,354.  Dallas County claims a lien
for taxes in the amount of $38,820.  The Texas  Comptroller claims
a lien on the Property in the amount of $48,676.  Per the Contract
$200,000 has to be held back from the sale for possible
environmental clean-up.  The Debtor has estimated closing costs to
not exceed $50,000.  All total it will take approximately
$2,101,321 to close the sale.  The following list of creditors and
payments is made without waiving the Debtor's right to dispute such
claims.    

The Real Property is also allegedly subject to the liens described
in these instruments ("Wallis State Bank Liens"):

     A. A deed of trust to secure an indebtedness in the amount
shown below:

          Amount: $1.8 million
          Dated: June 28, 2012
          Trustor/Grantor: Regal Row Fina, Inc.
          Trustee: John P. Farrell
          Beneficiary: Wallis State Bank
          Recording Date: July 5, 2012
          Recording No: D212161127, Real Property Records, Tarrant
County, Texas and 201200294288, Real Property Records, Dallas
County, Texas

     B. Assignment of Rents and Leases as shown below:

          Assigned to: Wallis State Bank
          Assigned by: Regal Row Fina, Inc.
          Recording Date: July 5, 2012
          Recording No: D212161128, Real Property Records, Tarrant
County, Texas and 201200294289, Real Property Records, Dallas
County, Texas

     C. A deed of trust to secure an indebtedness in the amount
shown below:

          Amount: $925,000
          Dated: June 28, 2012
          Trustor/Grantor: Regal Row Fina, Inc.
          Trustee: John P. Farrell
          Beneficiary: Wallis State Bank
          Recording Date: July 5, 2012
          Recording No: 201200192835, Real Property Records, Dallas
County, Texas

     D. Assignment of Rents and Leases as shown below:

          Assigned to: Wallis State Bank
          Assigned by: Regal Row Fina, Inc.
          Recording Date: July 5, 2012
          Recording No: 201200192836, Real Property Records, Dallas
County, Texas

     E. A deed of trust to secure an indebtedness in the amount
shown below:

          Amount: $365,000
          Dated: Oct. 5, 2012
          Trustor/Grantor: Regal Row Fina, Inc.
          Trustee: John P. Farrell
          Beneficiary: Wallis State Bank
          Recording Date: Oct. 22, 2012
          Recording No: 201200313983, Real Property Records, Dallas
County, Texas

     F. Assignment of Rents and Leases as shown below:

          Assigned to: Wallis State Bank
          Assigned by: Regal Row Fina, Inc.
          Recording Date: Oct. 22, 2012
          Recording No: 201200313984, Real Property Records, Dallas
County, Texas

The Real Property is also allegedly subject to the liens described
in these instruments ("Tax Ease Lien"):

     A. A deed of trust to secure an indebtedness in the amount
shown below:

          Amount: $20,949
          Dated: Feb. 26, 2013
          Trustor/Grantor: Regal Row Fina, Inc.
          Trustee: Howard Marc Spector
          Beneficiary: Tax Ease Funding, LLC
          Recording Date: March 21, 2013
          Recording No: 201300085928, Real Property Records, Dallas
County, Texas
          This amount is paid.

     B. Certified Statement of Transfer of Tax Lien:

          Recording Date: April 10, 2013
          Recording No.: 201300109857, Real Property Records,
Dallas County, Texas

The Real Property is also allegedly subject to the liens described
in these instruments ("Providence Liens"):

     A. A deed of trust to secure an indebtedness in the amount
shown below:

          Amount: $200,000
          Dated: May 10, 2019
          Trustor/Grantor: Regal Row Fina, Inc.
          Trustee: Randall H. McCauley et al
          Beneficiary: Providence Bank of Texas, SSB
          Recording Date: May 10, 2019
          Recording No: 201900120408, Real Property Records, Dallas
County, Texas

     B. A deed of trust as follows:

          Dated: May 10, 2019
          Trustor/Grantor: Regal Row Fina, Inc.
          Trustee: Randall H. McCauley et al
          Beneficiary: Providence Bank of Texas, SSB
          Recording Date: May 10, 2019
          Recording No: 201900120469, Real Property Records, Dallas
County, Texas

The Real Property is also allegedly subject to the lien described
in this instrument ("Broker’s Lien"):

          Recording Date: April 12, 2019
          Recording No.: 201900091336, Real Property Records,
Dallas County, Texas
          This amount is disputed.

The Real Property is also allegedly subject to the lien described
in this instrument ("Grandy's Lien"):

     A deed of trust to secure an indebtedness in the amount shown
below:

          Amount: $358,626.95
          Dated: May 15, 2019
          Trustor/Grantor: Regal Row Fina, Inc.
          Trustee: Matthew A. Nowak
          Beneficiary: Grandy's LLC
          Recording Date: June 25, 2019
          Recording No: 201900162950, Real Property Records, Dallas
County, Texas
          This amount is disputed.

The Property is subject to standby fees, taxes, and assessments by
ad valorem taxing authorities for the calendar year 2019 ("Property
Tax Liens").

From the proceeds of the sale, the Debtor proposes to:

     a. pay usual and customary closing costs, including, but not
limited to, the premium for the owner policy of title insurance for
the insured amount equal to the Purchase Price (subject to any
allocations in the Contract), the Debtor's half of the escrow fee,
etc.;  

     b. pay the holder(s) thereof, as the case maybe, any amount
necessary to satisfy the Property Tax Liens then due against the
Property along with a pro rata share of the then current year’s
property taxes;  

     c. to the extent the same is valid and subsisting and
encumbers all or a portion of the Property, pay to the holder
thereof any amount necessary to satisfy the Wallis State Bank
Liens, in exchange for a recordable Release of said lien;

     d. to the extent the same is valid and subsisting and
encumbers all or a portion of the Property, pay to the holder
thereof any amount necessary to satisfy the Tax Ease Lien, in
exchange for a recordable Release of said lien to the extent not
already paid; and

     e. to the extent the same is valid and subsisting and
encumbers all or a portion of the Property, pay to the holder
thereof any amount necessary to satisfy the Providence Bank Liens,
in exchange for a recordable Release of said lien.

The Debtor has not employed a broker for the sale of the Property.
The Buyer has retained a Broker and is proposing to pay his fee.

The Debtor asks that the 14-day period following the entry of an
Order allowing the sale be waived pursuant to Rule 6004(h).

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

      http://bankrupt.com/misc/Regal_Row_43_Sales.pdf

The Purchaser is represented by:

        Walid Alameddine
        VICTRON STORES, L.P.
        105 YMCA Drive
        Waxahachie, TX 75615
        Telephone: (469) 517-2000
        Facsimile: (469) 517-0843
        E-mail: alamedwi@victrongroup.com

                       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.



REGENSBURG HOLDING: Case Summary & 2 Unsecured Creditors
--------------------------------------------------------
Debtor: Regensburg Holding Corp
        251 Majors Path
        Southampton, NY 11968

Business Description: Regensburg Holding Corp is a Single Asset
                      Real Estate debtor (as defined in 11 U.S.C.
                      Section 101(51B)).  The Debtor previously
                      sought bankruptcy protection on July 16,
                      2019 (Bankr. E.D.N.Y. Case No. 19-75031).

Chapter 11 Petition Date: November 5, 2019

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

Case No.: 19-77579

Judge: Hon. Louis A. Scarcella

Debtor's Counsel: Jeffrey Arlen Spinner, Esq.
                  JEFFREY ARLEN SPINNER
                  35 Pinelawn Road, Suite 106E
                  Melville, NY 11747
                  Tel: 203-570-6676
                  Fax: 631-676-7346
                  E-mail: retjcc@gmail.com

Total Assets: $3,000,000

Total Liabilities: $2,184,000

The petition was signed by Charles R. Regensburg Jr., secretary.

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/nyeb19-77579.pdf


SALSGIVER INC: Seeks to Hire QSI President Michael Starkey
----------------------------------------------------------
Salsgiver Inc. and its affiliates filed separate applications
seeking approval from the U.S. Bankruptcy Court for the Western
District of Pennsylvania to hire Michael Starkey, president of QSI
Consulting, Inc.

Mr. Starkey will provide analysis, support and expert testimony in
connection with the adversary proceedings in which Salsgiver,
Salsgiver Telecom, Inc. and Salsgiver Communications, Inc. are
involved.

QSI's hourly rates range from $125 to $510 depending upon the
services and the experience level of the firm's member providing
the services.  

Neither Mr. Starkey nor anyone in his firm holds any interest
adverse to the Debtor and its bankruptcy estate, according to court
filings.

Mr. Starkey maintains an office at:

     Michael Starkey
     QSI Consulting, Inc.
     Phone: 636-272-4127
     Email: mstarkey@qsiconsulting.com

                       About Salsgiver Inc.

Based in Freeport, Pennsylvania, Salsgiver Inc. --
http://gotlit.com/-- and -- http://www.salsgiver.com/-- is a
wired telecommunications carrier offering internet, phone and video
services to residential and business clients.  The company also
provides telecom services.

Salsgiver and its affiliates Salsgiver Telecom, Inc. and Salsgiver
Communications, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case Nos. 18-20803, 18-20805 and
18-20806) on March 2, 2018.

In their petitions signed by Loren M. Salsgiver, president, the
Debtors estimated assets of less than $50,000.  Salsgiver disclosed
$1 million to $10 million in liabilities.  Salsgiver Telecom
estimated less than $500,000 in liabilities while Salsgiver
Communications estimated less than $50,000 in liabilities.  

Judge Thomas P. Agresti oversees the cases.

The Debtors are represented by the Law Offices of Robert O. Lampl.


SANNAURU FAMILY: Case Summary & 2 Unsecured Creditors
-----------------------------------------------------
Debtor: Sannauru Family Limited Partnership
        355 Bunker Hill Rd
        Houston, TX 77024

Business Description: Sannauru Family Limited Partnership is a
                      privately held company in Texas whose
                      business is categorized under real estate.

Chapter 11 Petition Date: November 4, 2019

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

Case No.: 19-36180

Judge: Hon. Jeffrey P. Norman

Debtor's Counsel: Kevin M. Madden, Esq.
                  LAW OFFICES OF KEVIN MICHAEL MADDEN, PLLC
                  5225 Katy Freeway, Ste 520
                  Houston, TX 77007
                  Tel: 281-888-9681
                  Fax: 832-538-0937
                  Email: kmm@kmaddenlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Sandeep N. Patel, manager of the General
Partner.

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

      http://bankrupt.com/misc/txsb19-36180_creditors.pdf

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

           http://bankrupt.com/misc/txsb19-36180.pdf


SCULPT MEDICAL: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Sculpt Medical, LLC
           a/k/a SculptMed Medical Spa
           o/d/s Robert Kilpatrick
           o/d/s Julian Orenstein
           o/d/s David Stocker
        6955 S. York Street, Suite 412
        Littleton, CO 80122

Business Description: Sculpt Medical, LLC --
                      https://www.sculptmed.net -- provides laser
                      treatments, cosmetic care, and body
                      contouring services.

Chapter 11 Petition Date: November 5, 2019

Court: United States Bankruptcy Court
       District of Colorado (Denver)

Case No.: 19-19577

Judge: Hon. Kimberley H. Tyson

Debtor's Counsel: Jenny M.F. Fujii, Esq.
                  KUTNER BRINEN, P.C.
                  1660 Lincoln St., Ste. 1850
                  Denver, CO 80264
                  Tel: 303-832-2400
                  E-mail: jmf@kutnerlaw.com

Total Assets: $145,233

Total Liabilities: $1,821,114

The petition was signed by Robert Kilpatrick, member.

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

           http://bankrupt.com/misc/cob19-19577.pdf


SERVICENOW INC: Egan-Jones Hikes Sr. Unsec. Ratings to B
--------------------------------------------------------
Egan-Jones Ratings Company, on November 1, 2019, upgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by ServiceNow, Incorporated to B from B-.

ServiceNow, Incorporated is an American cloud computing company
with its headquarters in Santa Clara, California. It was founded in
2004 by Fred Luddy. ServiceNow is listed on the New York Stock
Exchange and is a constituent of the Russell 1000 Index.



SIENNA BIOPHARMA: Notice Procedures for Equity Securities Approved
------------------------------------------------------------------
Sienna Biopharmaceuticals, Inc. filed with the U.S. Bankruptcy
Court of the District of Delaware a notice of the interim order (i)
establishing notice and hearing procedures for trading of equity
securities.

On the Petition Date, the Debtor filed a motion seeking entry of an
order (a) establishing notification and hearing procedures for
trading of equity securities and (b) granting related relief.  On
Sept. 18, 2019, the Court entered the Interim Order approving the
procedures in order to preserve the Debtor's Tax Attributes.  A
final hearing on the Motion was held Oct. 15, 2019 at 11:30 a.m.
(ET).  Any objections to the relief granted in the Interim Order
must be filed with the Court and served upon counsel for the Debtor
no later than seven days prior to the Final Hearing.

Pursuant to the Interim Order, these procedures will apply to
holding and trading of Sienna equity securities:

      a. Any purchase, sale, or other transfer of Sienna equity
securities in violation of the procedures set forth will be null
and void ab initio as an act in violation of the automatic stay
under sections 362 and 105(a) of the Bankruptcy Code.

      b. Any person or entity who currently is or becomes a
Substantial Shareholder will file with the Court, and serve on the
Debtor's counsel, (i) Latham & Watkins LLP, 355 South Grand Avenue,
Suite 100, Los Angeles, California 90071 (Attn: Peter M. Gilhuly
and Ted A. Dillman), and (ii) Young Conaway Stargatt & Taylor, LLP,
Rodney Square, 1000 North King Street, Wilmington, Delaware 19801
(Attn: Michael R. Nestor and Kara Hammond Coyle), a notice of such
status, in the form of Exhibit 1 attached to the Interim Order, on
or before the later of (i) 20 calendar days after the date of the
Notice and (ii) 14 calendar days after becoming a Substantial
Shareholder.

      c. At least 14 calendar days prior to effectuating any
transfer of equity securities that would result in an increase in
the amount of Stock beneficially owned by a Substantial Shareholder
or would result in a person or entity becoming a Substantial
Shareholder, such Substantial Shareholder (or person or entity that
may become a Substantial Shareholder) will file with the Court, and
serve on counsel to the Debtor, advance written notice, in the form
of Exhibit 2 attached to the Interim Order, of the intended
transfer of equity securities.

      d. At least 14 calendar days prior to effectuating any
transfer of equity securities that would result in a decrease in
the amount of Stock beneficially owned by a Substantial Shareholder
or would result in a person or entity ceasing to be a Substantial
Shareholder, such Substantial Shareholder will file with the Court,
and serve on counsel to the Debtor, advance written notice, in the
form of Exhibit 3 attached to the Interim Order, of the intended
transfer of equity securities.

      e. The Debtor will have 14 calendar days after receipt of a
Notice of Proposed Transfer to file with the Court and serve on
such Substantial Shareholder an objection to any proposed transfer
of equity securities described in the Notice of Proposed Transfer
on the grounds that such transfer may adversely affect the
Debtor’s ability to utilize its Tax Attributes.  If the Debtor
files an objection, such transaction will not be effective unless
approved by a final and non-appealable order of the Court.  If the
Debtor does not object within such 14-day period, such transaction
may proceed solely as set forth in the Notice of Proposed Transfer.
Further transactions within the scope of the Paragraph (e) must be
the subject of additional notices as set forth herein, with an
additional 14-day waiting period.

      f. For purposes of these procedures, (A) a "Substantial
Shareholder" is any person or entity which beneficially owns at
least 4.5% of all issued and outstanding shares (equal to, as of
Aug. 27, 2019, approximately 1,391,000 shares) of the common stock
of Sienn, and (B) "ownership" (or any variation thereof of the
Stock and Options to acquire the Stock) will be determined in
accordance with applicable rules under Section 382 of title 26 of
the United States Code, the Internal Revenue Code of 1986, as
amended, Treasury Regulations promulgated thereunder, and rulings
issued by the IRS, and thus, to the extent provided therein, from
time to time will include, without limitation, (i) direct and
indirect ownership (e.g., a holding company would be considered to
beneficially own all shares owned or acquired by its subsidiaries);
(ii) ownership by the holder’s family members and persons acting
in concert with the holder to make a coordinated acquisition of
stock; and (iii) ownership of an Option to acquire the Stock, but
only to the extent such Option is treated as exercised under
Treasury Regulations Section 1.382-4(d).  An "Option" to acquire
stock includes all interests described in Treasury Regulations
Section 1.382-4(d)(9), including any contingent purchase, warrant,
convertible debt, put, stock subject to risk of forfeiture,
contract to acquire stock, or similar interest, regardless of
whether it is contingent or otherwise not currently exercisable.

Upon the request of any person, the counsel to the Debtor will
provide a form of each of the required notices described.

A copy of the Interim Order may be obtained free of charge online
at https://dm.epiq11.com/Sienna.

                  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.

Sienna Biopharmaceuticals sought Chapter 11 protection (Bankr. D.
Del. Case No. 19-12051) on Sept. 16, 2019.  The Debtor disclosed
$107,625,000 in assets and $80,642,000 in liabilities as of June
30, 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.


SIRGOLD INC: Trustee Gets Approval to Hire Maltz Auctions
---------------------------------------------------------
Salvatore LaMonica, the Chapter 11 trustee for Sirgold Inc.,
received approval from the U.S. Bankruptcy Court for the Southern
District of New York to hire Maltz Auctions, Inc.

The firm will oversee the public auction of the Debtor's
properties, including diamonds and other gemstones.

Richard Maltz, chief executive officer of Maltz Auctions, disclosed
in court filings that the firm is "disinterested" within the
meaning of Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Richard B. Maltz
     Maltz Auctions, Inc.
     39 Windsor Place
     Central Islip, NY 11722
     Phone: 516.349.7022
     Fax: 516.349.0105
     Email: info@MaltzAuctions.com

                       About Sirgold Inc.

An involuntary petition was filed on October 21, 2016, against
Sirgold, Inc. by petitioning creditors, B.H.C. Diamonds (USA) Inc.,
Diacurve USA LLC, and JKS Diamond Inc. for relief under Chapter 7.

The case was converted to one under Chapter 11 (Bankr. S.D.N.Y.
Case No. 16-12963) on November 17, 2016.

The case is assigned to Judge Shelley C. Chapman.  Gary M. Kushner,
Esq. and Scott D. Simon, Esq., at Goetz Fitzpatrick LLP, serve as
bankruptcy counsel.

On Dec. 8, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee is
represented by Pick & Zabicki, LLP. Citrin Cooperman & Company LLP
serves as its accountant.

Salvatore LaMonica, Esq., has been appointed as Chapter 11 trustee
for the Debtor.  LaMonica Herbst & Maniscalco, LLP is the trustee's
legal counsel.


SOUTHCROSS ENERGY: To Enter Into $227.5M Exit Facilities
--------------------------------------------------------
SOUTHCROSS ENERGY PARTNERS, L.P., et al., fined-tuned its proposed
Chapter 11 plan on Oct. 28, 2019.  

According to the Plan, the Debtors are entering into an exit
revolving credit facility comprised of up to $75,000,000 first lien
revolving credit facility with a sublimit of up to $45,000,000 for
letters of credit made pursuant to the Exit Revolving Credit
Facility Agreement, or such other amounts as agreed to by the
Debtors and the Majority Ad Hoc Group.

The Debtors will enter into an Exit Term Loan, comprised of a
second lien term loan made pursuant to the Exit Term Loan Agreement
in the amount of $152,542,000 or such lesser amount as agreed to by
the Debtors and the Majority Ad Hoc Group based upon the amount of
New Preferred Units, if any, issued to holders of Allowed Roll-Up
DIP Claims and holders of Allowed Class 3 Claims.

The Prepetition Revolving Credit Facility Claims shall be
(a)Allowed under the Plan.  Each holder of an Allowed Prepetition
Revolving Credit Facility Claim shall receive:

   (a) the Prepetition Revolving Credit Facility Exit Term Loan
Distribution.  Prepetition Revolving Credit Facility Exit Term Loan
Distribution means 15.7% of the Exit Term Loan, which is equal to
$23,949,094 of the Exit Term Loan, or such lesser amount as agreed
to by the Debtors and the Majority Ad Hoc Group based upon the
amount of New Preferred Units, if any, issued to holders of Allowed
Roll-Up DIP Claims and holders of Allowed Class 3 Claims.

   (b) if applicable, the Prepetition Revolving Credit Facility New
Preferred Units Distribution.  Prepetition Revolving Credit
Facility New Preferred Units Distribution means 15.7% of the New
Preferred Units (if issued).

   (c) the Prepetition Revolving Credit Facility New Common Units
Distribution.  Prepetition Revolving Credit Facility Revolving
Credit Facility New Common Units Distribution means 15.7% of the
New Common Units, subject to dilution in connection with any
management incentive plan that may be adopted by the New Board in
accordance with Section 7.3 of this Plan.

A black-lined copy of the Chapter 11 Plan dated October 28, 2019,
is available at https://tinyurl.com/y3veu8vx from PacerMonitor.com
at no charge.

Counsel for the Debtors:

     Robert J. Dehney
     Andrew R. Remming
     Joseph C. Barsalona II
     Eric W. Moats
     MORRIS, NICHOLS, ARSHT & TUNNELL LLP
     1201 N. Market St., 16th Floor
     PO Box 1347
     Telephone: (302) 658-9200
     Facsimile: (302) 658-3989
     E-mail: rdehney@mnat.com
             aremming@mnat.com
             jbarsalona@mnat.com
             emoats@mnat.com

          - and -

     Marshall S. Huebner
     Darren S. Klein
     Steven Z. Szanzer
     DAVIS POLK & WARDWELL LLP
     450 Lexington Avenue
     New York, New York 10017
     Telephone: (212) 450-4000
     Facsimile: (212) 701-5800
     E-mail: marshall.huebner@davispolk.com
             darren.klein@davispolk.com
             steven.szanzer@davispolk.com

                  About Southcross Energy Partners

Southcross Energy Partners, L.P. --
http://www.southcrossenergy.com/-- is a publicly traded company
that provides midstream services to natural gas producers and
customers, including natural gas gathering, processing, treatment
and compression, and access to natural gas liquid (NGL)
fractionation and transportation services.  It also purchases and
sells natural gas and NGLs. Its assets are located in South Texas,
Mississippi and Alabama, and include two
cryogenic gas processing plants, a fractionation facility and
approximately 3,100 miles of pipeline. The South Texas assets are
located in or near the Eagle Ford shale region. Southcross Energy
is headquartered in Dallas, Texas.

Southcross Energy Partners and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Lead Case
No. 19-10702) on April 1, 2019. The Debtors disclosed total assets
of $610.4 million and total liabilities of $614.3 million as of
April 1, 2019.

The cases are assigned to Judge Mary F. Walrath.

The Debtors tapped Davis Polk & Wardwell LLP as bankruptcy counsel;
Morris, Nichols, Arsht & Tunnell LLP as Delaware counsel; Alvarez &
Marsal as financial advisor; Evercore Group LLC as investment
banker; and Kurtzman Carson Consultants LLC as notice and claims
agent and administrative advisor.


SOUTHWESTERN ENERGY: Egan-Jones Hikes FC Sr. Unsec. Rating to BB+
-----------------------------------------------------------------
Egan-Jones Ratings Company, on October 31, 2019, upgraded the
foreign currency senior unsecured rating on debt issued by
Southwestern Energy Company to BB+ from BB.

Southwestern Energy is a natural gas exploration and production
company organized in Delaware and headquartered in Spring, Texas.
The company is ranked 709th on the Fortune 500. The company's
primary exploration and production activities are in the
Appalachian Basin in Pennsylvania and West Virginia.



TELEGUAM HOLDINGS: Moody's Lowers 1st Lien Loans Rating to B2
-------------------------------------------------------------
Moody's Investors Service affirmed TeleGuam Holdings, LLC's B2
corporate family rating, downgraded the probability of default
rating to B3-PD from B2-PD and downgraded the first lien senior
secured rating to B2 from B1. Moody's also assigned a B2 rating to
the company's proposed $155 million incremental first lien term
loan. The proceeds of this new term loan are planned to be used to
repay the company's existing $25 million second lien term loan.
Concurrent with the financing, TeleGuam expects to amend its
existing first lien credit agreement to extend the existing
revolver and first lien term loan by 5 and 6 years,
respectively,and reset financial covenant levels. The downgrade of
the first lien senior secured rating reflects the shift to an all
first lien debt structure after the expected repayment of the
second lien debt. The outlook is stable.

Affirmations:

Issuer: TeleGuam Holdings, LLC

Corporate Family Rating, Affirmed B2

Downgrades:

Issuer: TeleGuam Holdings, LLC

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

Gtd Senior Secured 1st lien Term Loan, Downgraded to B2 (LGD3) from
B1 (LGD3)

Gtd Senior Secured 1st lien Revolving Credit Facility, Downgraded
to B2 (LGD3) from B1 (LGD3)

Assignments:

Issuer: TeleGuam Holdings, LLC

Senior Secured 1st lien Term Loan, Assigned B2 (LGD3)

Senior Secured 1st lien Revolving Credit Facility, Assigned B2
(LGD3)

Outlook Actions:

Issuer: TeleGuam Holdings, LLC

Outlook, Remains Stable

RATINGS RATIONALE

TeleGuam's B2 CFR is constrained by the company's small scale and
concentration on a single addressable market, low free cash flow
generation and the competitive environment in Guam. Small operators
aside, the company mainly competes with NTT DOCOMO, INC. (Docomo,
Aa3 stable), the company's larger, better capitalized peer. Both
TeleGuam and Docomo offer quadruple play (wireless, fixed voice,
broadband and TV) and compete based on their perceived network
quality, performance and reach.

Guam's wireless market has reached saturation and Moody's expects
that growth from wireless will be low in the coming year.
TeleGuam's growth strategy is hence centered around increasing its
fiber penetration both in residential and enterprise. The company
also expects to grow revenue of its cable landing station (CLS)
operations, with the company set to open its second owned and
operated CLS in June 2020. Moody's believes that the company's
growth initiatives are achievable, however overall growth will
remain modest given the size of these two segments relative total
revenue.

The ratings are supported by the company's leading market position,
a strong margin profile, revenue diversity, good network
architecture, and prudent financial policy despite its private
equity ownership. The ratings are further supported by Guam's
geographic isolation which provides a high barrier to entry, and
generally favorable demographic trends including a growing
population, specifically boosted by military personnel who will
relocate to Guam from Japan, Korea, and other Pacific bases over
the next decade. Tourism is the main contributor to the prepaid
wireless revenue segment, and while current expectations are that
2020 should see an increase in Guam tourism numbers, regional
tensions can disrupt the flow of visitors as was the case in 2019
when concerns over North Korea led to declines in Japanese
tourists. Moody's expects that the company will also increasingly
benefit in future years from its interest in a new, and now
completed SEA-US undersea cable system as demand grows for enhanced
communications between the United States and Southeast Asia.

Moody's expects TeleGuam to have good liquidity over the next 12-18
months. As of June 30, 2019, the company had around $9 million cash
on hand and full access to its $15 million revolving credit
facility. The credit facility contains a maximum net leverage
covenant. As of June 30, 2019, the company had about 26% cushion on
the leverage limit. The covenant levels are expected to be reset
with the amendment to the existing first lien credit agreement and
have a higher cushion level. The company does not have significant
flexibility to monetize assets given that all assets are encumbered
under the 1st lien credit agreement.

The senior secured ratings reflect the probability of default of
the company, as reflected in the B3-PD Probability of Default
Rating, an average expected family recovery rate of 65% at default
given the all first lien secured debt the capital structure, and
the priority ranking of the first lien debt in the capital
structure.

The stable outlook reflects Moody's view that TeleGuam will
continue to generate low single digit revenue growth and that the
company's leverage will trend below 4x in the coming 12-18 months.

The B2 rating could be upgraded should the company show long term
revenue and EBITDA growth such that leverage (Moody's adjusted) is
expected to be sustainably maintained below 3x and free cash flow
to debt above 10%.

The rating could be downgraded if liquidity deteriorates, if free
cash flow weakens, or if leverage were to increase above 4.5x
(Moody's adjusted).

The principal methodology used in these ratings was
Telecommunications Service Providers published in January 2017.

TeleGuam Holdings, LLC is the incumbent telephone services provider
in Guam that was privatized by the Guam (Government of) in December
2004. The company's sophisticated network, with updated switch
infrastructure, extensive fiber loop deployment, high DSL (digital
subscriber loop) availability and video services, provides the
company with one of the more advanced telecommunications systems in
the South Pacific region.


THOMASRILEY STRATEGIES: Seeks Approval to Hire Financial Advisor
----------------------------------------------------------------
ThomasRiley Strategies, LLC, seeks approval from the U.S.
Bankruptcy Court for the District of Columbia to hire Analytic
Financial Group, LLC as its financial advisor.
   
The firm will provide these services in connection with the
Debtor's Chapter 11 case:

     a. provide non-exclusive, independent consulting services to
assist Debtor in investigating the financial books and records and
in analyzing its financial condition;  

     b. assist Debtor in the preparation of schedules, statement of
financial affairs and reports that are required in Chapter 11;  

     c. assist in the preparation of the Debtor's plan of
reorganization; and

     d. assist in the preparation of the Debtor's monthly operating
reports.

The firm's hourly rates are:

     Senior Associate   $200
     Associate          $150

The Debtor paid the firm an initial retainer in the amount of
$10,000.

Scott Miller, owner of Analytic Financial Group, disclosed in court
filings that the firm is "disinterested" within the meaning of
Section 101(14) of the Bankruptcy Code.

Analytic Financial Group can be reached through:

     Scott W. Miller
     Analytic Financial Group, LLC
     816 Hillsboro Drive, Suite 201
     Silver Spring, MD 20902
     Tel: (301) 602-9258
     Email: scott@analyticfinancial.com

                   About ThomasRiley Strategies

ThomasRiley Strategies, LLC --
https://thomasrileystrategiesllc.net/ -- is a business management
consultant headquartered in Washington, D.C.  ThomasRiley
Strategies sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. D.C. Case No. 19-00626) on Sept. 20, 2019.  At the
time of the filing, the Debtor had estimated assets of between
$100,000 and $500,000 and liabilities of between $1 million and $10
million.  The case is assigned to Judge Martin S. Teel, Jr.  The
Debtor is represented by Bradley D. Jones, Esq., at Odin, Feldman &
Pittleman, P.C.


TRC COS: S&P Affirms 'B' Issuer Credit Rating; Outlook Stable
-------------------------------------------------------------
S&P Global Ratings affirmed its 'B' issuer credit rating on
Windsor, Conn.-based engineering, consulting, and construction
management firm TRC Cos. Inc. (TRC).

The rating affirmation follows the company's entry into an
agreement to acquire the distributed energy services business from
Lockheed Martin Corp.

Meanwhile, S&P also affirmed its 'B' issue-level ratings on the
company's proposed upsized credit facility. The recovery rating
remains '3', reflecting S&P's expectation for average (50%-70%;
rounded estimate: 50%) recovery in the event of a payment default.

Despite an increase in debt to finance the proposed acquisition,
S&P expects EBITDA growth to improve debt leverage below 6x.  

Pro forma for the proposed acquisition, S&P expects increased
earnings to somewhat offset higher debt balances. In fiscal 2020,
the rating agency expects top-line growth in the mid- to high-teens
percentage area, reflecting the proposed acquisition and organic
growth in the company's operating segments due to increasing demand
in its end markets. Revenue and earnings continue to benefit from
the company's growing backlog and recurring business. Even though
S&P expects credit measures to improve over the next 12 months, the
company's acquisition growth strategy and financial sponsor
ownership limits sustained deleveraging long term.

The stable outlook reflects S&P's belief that the company will
maintain healthy margins over the next 12 months due to the rating
agency's expectation for growth in most of the company's business
segments. Despite the company's elevated leverage following the
close of the transaction, S&P expects that the company's adjusted
debt to EBITDA will improve below 6x and its FOCF to debt will be
in the mid-single-digit percent area.

"We could lower our rating on TRC over the next 12 months if it
appears that its FOCF to debt approaches 0% or we believe that the
company's adjusted debt to EBITDA will trend higher than 6x on a
sustained basis. This could occur because of, for example, a
meaningful deterioration in its EBITDA margins caused by the loss
of key projects or a material debt-financed transaction," S&P
said.

"We consider an upgrade unlikely over the next 12 months given our
belief that TRC's financial policies will remain aggressive over
the medium term under its financial sponsor. However, we could
raise the ratings if we believe that the company is committed to
maintaining FOCF to debt of greater than 5%, it demonstrates
sustained debt reduction with leverage approaching 4x, and we come
to believe that the risk of it increasing its leverage above 6x
adjusted debt to EBITDA is low," the rating agency said.


VILLAGE HEALTH: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
The Office of the U.S. Trustee on Nov. 1, 2019, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Village Health Care
Management LLC.

            About Village Health Care Management

Village Health Care Management, LLC filed a voluntary Chapter 11
petition (Bankr. S.D. Ill. Case No. 19-60336) on Sept. 17, 2019.
At the time of the filing, the Debtor had estimated assets of less
than $50,000 and liabilities of between $500,001 and $1 million.
The case is assigned to Judge William V. Altenberger.  The Debtor
is represented by Roy J. Dent, Esq., at Dent Law Office Ltd.


WESTERN COMMUNICATIONS: Selling Smith River Property for $265K
--------------------------------------------------------------
Western Communications, Inc., asks the U.S. Bankruptcy Court for
the District of Oregon to authorize the sale of the commercial
building located at 205 Timbers Blvd., Smith River, California to
James Jeffrey McMullin and Lynn Christie McMullin, and Nathan I.
Goodman and Maren E. Goodman for $265,000, subject to overbid.

The Debtor has employed Pacific Ocean Properties Real Estate Inc.
as real estate broker for the real property.  Pacific Ocean
Properties will get a commission of 6% of the gross sale price.

All liens on the property in excess of $265,000, of which the
Debtor believes a total of (TBD by the Court) need not be paid as
secured claims (because the lien is invalid, avoidable, etc., the
lienholder consents to less than full payment, or part or all of
the underlying debt is not allowable).

The closing will occur promptly after entry of sale order on such
date as mutually agreed by the Buyer and the Seller

All tax consequences have been considered and it presently appears
the sale will result in net proceeds to the estate after payment of
valid liens, fees, costs and taxes of approximately $0; net
proceeds will be utilized to pay valid liens, fees, costs, and
taxes; sales proceeds to be retained by the Debtor and distributed
pursuant to further Court order.

The competing bids must be submitted to the Debtor no later than
Oct. 28, 2019, and must exceed the offer by at least $35,000, and
be on the same or more favorable terms to the estate.

The Debtor incurred significant costs and expenses in the
preservation and disposition of the property and the estate is
entitled to recover such costs and expenses to pay administrative
and priority expenses.  The sale proceeds will be disbursed
pursuant to further Court order.

The sole lienholder against the Property is Sandton Credit Solution
Master Fund III, LP
, c/o Brad T. Summers, Counsel for Sandton, Lane Powell PC, 1420
Fifth Avenue, Suite 4100, Seattle, WA 98101.  The approximate lien
amount is in excess of the sale proceeds.  The lien to attach to
sales proceeds.

A hearing on the Motion is set for Nov. 4, 2019 at 11:00 a.m.

                  About Western Communications

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

Western Communications sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ore. Case No. 19-30223) on Jan. 22,
2019.  It previously sought bankruptcy protection (Bank. D. Oregon
Case No. 11-37319) on Aug. 23, 2011.

At the time of the filing, the Debtor estimated assets of $10
million to $50 million and liabilities of $10 million to $50
million.  The case has been assigned to Judge Trish M. Brown.
Tonkon Torp LLP is the Debtor's counsel.


WESTERN ROBIDOUX: Seeks to Retain German May as Special Counsel
---------------------------------------------------------------
Western Robidoux, Inc., seeks approval from the U.S. Bankruptcy
Court for the Western District of Missouri to retain German May PC
as special counsel.

The firm will continue to represent the Debtor in these legal
matters:

     (1) Infodeli, LLC, et al., v. Western Robidoux, Inc. et al.,
Jackson County Circuit Court case number 1616 CV09518;

     (2) Infodeli, LLC, et al., v. Western Robidoux, Inc. et al.,
Western District of Missouri case number 4:15-cv-00364-BCW; and

     (3) related matters which might arise regarding the disputes
between the plaintiffs in those cases.

German May's hourly rates are:

     Partners           $375 - $700
     Associates         $225 - $325
     Legal Assistants   $135 - $150

The Dbeotr paid the firm a retainer in the amount of $150,0000.

Daniel Blegen, Esq., the firm's attorney who has been handling the
cases, disclosed in court filings that he is "disinterested" within
the meaning of Section 101(14) of the Bankruptcy Code.

German May can be reached through:

     Daniel E. Blegen, Esq.
     German May PC
     1201 Walnut, 20th Floor
     Kansas City, MO 64106
     Phone: (816) 471-7700
     Fax: (816) 471-2221
     Email: danb@germanmay.com

                   About Western Robidoux

Western Robidoux Inc. is a family-owned commercial printing and
fulfillment company in St. Joseph, Mo.

Western Robidoux sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Mo. Case No. 19-50505) on Oct. 19,
2019.  At the time of the filing, the Debtor disclosed assets of
between $1 million and $10 million and liabilities of the same
range.

The case is assigned to Judge Brian T. Fenimore.  The Debtor is
represented by Victor F. Weber, Esq., at Merrick, Baker & Strauss,
P.C.


WILLIAM FOCAZIO: Selling Two Vehicles for $105K
-----------------------------------------------
William Focazio, MD PA, and Endo Surgical Center of North Jersey
ask the U.S. Bankruptcy Court for the District of New Jersey to
authorize the sale of (i) Focazio's 2012 Mercedes Benz SLS Coupe -
Alubeam Silver to Rudy Sarkis for $100,000; and (ii) Endo's 2012 R
Class Mercedes Benz to 1-800 Car Cash for $5,100, both subject to
overbid.

The SLS has 2,100 miles.  Focazio desires to sell the SLS to the
SLS Purchaser, located at 744 Pascack Road, Paramus, New Jersey.
Endo purchased the R Class.  The R Class has approximately 161,782
miles.  Endo desires to sell the R Class to the R Class Purchaser,
located at 58 Route 17 North, Hasbrouck Heights, New Jersey.  The
Debtors have executed Contracts with the Buyers.

The Debtors asks that the sale proceeds from the SLS and R Class be
utilized for their operations.  They own the SLS and R Class
outright.  There are no liens on the Vehicles.  Thus, the Debtors
ask to sell the Vehicles free and clear of any alleged liens.

The Debtors believe that the purchase price of the Vehicles
represents the fair market value of the Vehicles upon the following
factors: (a) these are the only viable offers for the Vehicles; and
(b) based on the condition of the Vehicles, they represent the
current values.

The Debtors will consider higher and better offers through the sale
hearing.  The sale of the Vehicles has been listed on
craigslist.com.  Accordingly, in addition to the
parties-in-interest identified on the Certification of Service
filed, creditors will receive notice of the proposed sale.  The
Debtors anticipate that the sale of the Vehicles will realize
significant funds for the
benefit of the Estates.

Finally, the Debtors ask to waive the stay requirements under Rule
6004(h) in connection with the sale of the estates' interests in
the Vehicles.

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

    http://bankrupt.com/misc/William_Focazio_327_Sales.pdf

                About Endo Surgical Center of
                       North Jersey, P.C.

Headquartered in Clifton, New Jersey, William Focazio, MD, PA, Endo
Surgical Center of North Jersey, and Fenner Ave., LLC, are
privately held companies that operate in the health care industry
specializing in internal medicine and gastroenterology.

William Focazio, MD, PA and its affiliates Endo Surgical Center of
North Jersey and Fenner Ave., LLC sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D.N.J. Case No. 18-10752,
18-10753 and 18-10755, respectively) on Jan. 13, 2018.  William
Focazio, M.D., principal, signed the petitions.

At the time of filing, William Focazio, MD, PA has $1,130,000 in
total assets and $12,830,000 in total liabilities; and Endo
Surgical Center has $1,170,000 in total assets and $16,490,000 in
total liabilities.

Judge Vincent F. Papalia presides over the case.

Trenk DiPasquale Della Fera & Sodono, P.C., is the Debtor's
counsel.

Virginia M. Plaza was appointed as the patient care ombudswoman for
the Debtors.  Rabinowitz, Lubetkin & Tully, LLC, serves as counsel
to the PCO.


YIPPIE DOODLE : U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
The Office of the U.S. Trustee on Nov. 5, 2019, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Yippie Doodle Corp.

                     About Yippie Doodle Corp.

Yippie Doodle Corp. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Tex. Case No. 19-35389) on Sept. 27,
2019.  At the time of the filing, the Debtor had estimated assets
of less than $50,000 and liabilities of between $100,001 and
$500,000.  The case is assigned to Judge Christopher M. Lopez.  The
Debtor is represented by Russell Van Beustring, Esq., at The Lane
Law Firm, PLLC.


ZENERGY BRANDS: U.S. Trustee Forms 3-Member Committee
-----------------------------------------------------
The Office of the U.S. Trustee on Nov. 4, 2019, appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of Zenergy Brands Inc. and its affiliates.

  
The committee members are:

     (1) Brett Rosen
         RB Capital Partners, Inc.
         2856 Torrey Pines Rd
         La Jolla, CA 92037
         (619) 392-9829
         Brett.rosen325@gmail.com

     (2) Michael Ziegler
         1611 Maxwell Court
         Euless, TX 76039
         (817) 690-5768
         mickziegler@sbcglobal.net

     (3) Ashley Gee
         3314 Rolling Hills
         Flower Mound, TX 75022
         (940) 231-3019
         ashleykgee@yahoo.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 Zenergy Brands

Zenergy Brands, Inc. -- https://whatiszenergy.com/ -- is a
next-generation energy and technology company engaged in selling
energy-conservation products and services to commercial, industrial
and municipal customers.  It is a business-to-business company
whose platform is a combined offering of energy services and smart
controls.  Zenergy Brands is a public company, fully reporting to
the Securities and Exchange Commission and currently trading on the
OTCQB.

Zenergy Brands and its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. E.D. Tex. Lead Case No. 19-42886)
on Oct. 24, 2019.

As of June 30, 2019, Zenergy Brands had total assets of $1,944,089
and liabilities of $8,369,818.

The cases have been assigned to Judge Brenda T. Rhoades.  

The Debtors tapped Foley & Lardner LLP as their legal counsel, and
Stretto as their claims, noticing and solicitation agent.


ZUMOBI INC: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
The Office of the U.S. Trustee on Nov. 5, 2019, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Zumobi, Inc.

                         About Zumobi Inc.

Zumobi, Inc. -- https://www.zumobi.com -- is a mobile technology
company that partners with multiple brands to provide engaging
mobile marketing solutions on smartphones, tablets and other
devices.

Zumobi sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Del. Case No. 19-12284) on Oct. 25, 2019.  As of Oct.
25, 2019, the Debtor had total assets of $61,074 and liabilities of
$13,291,047.  

The case is assigned to Judge Kevin Gross.  The Debtor is
represented by Eric J. Monzo, Esq., at Morris James LLP.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re TheRXServices, Inc.
   Bankr. M.D. Fla. Case No. 19-10307
      Chapter 11 Petition filed October 30, 2019
         See http://bankrupt.com/misc/flmb19-10307.pdf
         represented by: Buddy D. Ford, Esq.
                         BUDDY D. FORD, P.A.
                         E-mail: Buddy@TampaEsq.com
                                 All@tampaesq.com

In re South by South Food Group LLC
   Bankr. S.D. Fla. Case No. 19-24578
      Chapter 11 Petition filed October 30, 2019
         See http://bankrupt.com/misc/flsb19-24578.pdf
         represented by: Paul L. Orshan, Esq.
                         ORSHAN, P.A.
                         E-mail: paul@orshanpa.com

In re Tallapoosa Renewable Green Energy, Inc.
   Bankr. N.D. Ga. Case No. 19-12150
      Chapter 11 Petition filed October 30, 2019
         See http://bankrupt.com/misc/ganb19-12150.pdf
         represented by: Howard P. Slomka, Esq.
                         BUSCH, SLIPAKOFF, MILLS & SLOMKA, PC
                         E-mail: se@myatllaw.com
                                 hs@bsms.law

In re Rayshawn Latrease Robinson
   Bankr. D. Md. Case No. 19-24523
      Chapter 11 Petition filed October 30, 2019
         represented by: John Douglas Burns, Esq.
                         THE BURNS LAWFIRM, LLC
                         E-mail: info@burnsbankruptcyfirm.com

In re Dean Street USA Corp
   Bankr. E.D.N.Y. Case No. 19-46554
      Chapter 11 Petition filed October 30, 2019
         Filed Pro Se

In re Fernando Luis Villamil Wiscovitch
   Bankr. D.P.R. Case No. 19-06327
      Chapter 11 Petition filed October 30, 2019
         represented by: Enrique M. Almeida Bernal, Esq.
                         ALMEIDA & DAVILA PSC
                         E-mail: adecfmail@gmail.com

In re Maredin Rest. Corp.
   Bankr. E.D.N.Y. Case No. 19-46573
      Chapter 11 Petition filed October 31, 2019
         See http://bankrupt.com/misc/nyeb19-46573.pdf
         represented by: Lawrence F. Morrison, Esq.
                         MORRISON TENENBAUM, PLLC
                         E-mail: lmorrison@m-t-law.com
                                 info@m-t-law.com

In re Kristal C. Owens
   Bankr. W.D. Pa. Case No. 19-24274
      Chapter 11 Petition filed October 31, 2019
         represented by: David Z. Valencik, Esq.
                         CALAIARO VALENCIK
                         E-mail: dvalencik@c-vlaw.com

In re Alexis Santos Serafin Torres Torres
   Bankr. D.P.R. Case No. 19-06432
      Chapter 11 Petition filed October 31, 2019
         represented by: Carlos A. Ruiz Rodriguez, Esq.
                       E-mail: carlosalbertoruizquiebras@gmail.com

In re Bellano Jewelers, LLC
   Bankr. N.D. Tex. Case No. 19-44431
      Chapter 11 Petition filed October 31, 2019
         See http://bankrupt.com/misc/txnb19-44431.pdf
         represented by: Robert Thomas DeMarco, Esq.
                         DEMARCO MITCHELL, PLLC
                         E-mail: robert@demarcomitchell.com

In re Steven Corl Decker
   Bankr. C.D. Cal. Case No. 19-11819
      Chapter 11 Petition filed November 1, 2019
         Filed Pro Se

In re Patricia Benton Lee
   Bankr. M.D. Ga. Case No. 19-71337
      Chapter 11 Petition filed November 1, 2019
         represented by: Wesley J. Boyer, Esq.
                         BOYER TERRY LLC
                         E-mail: wes@boyerterry.com

In re Joseph A. Bell and Angela D. Bell
   Bankr. M.D. Ga. Case No. 19-71341
      Chapter 11 Petition filed November 1, 2019
         represented by: Wesley J. Boyer, Esq.
                         BOYER TERRY LLC
                         E-mail: wes@boyerterry.com

In re A Place to Float LLC
   Bankr. S.D. Ind. Case No. 19-08209
      Chapter 11 Petition filed November 1, 2019
         See http://bankrupt.com/misc/insb19-08209.pdf
         represented by: KC Cohen, Esq.
                         KC COHEN, LAWYER, PC
                         E-mail: kc@esoft-legal.com
                                 kc@smallbusiness11.com

In re Iron Assets Equity LLC
   Bankr. E.D.N.Y. Case No. 19-77507
      Chapter 11 Petition filed November 1, 2019
         See http://bankrupt.com/misc/nyeb19-77507.pdf
         represented by: Jeffrey Arlen Spinner, Esq.
                         JEFFREY ARLEN SPINNER
                         E-mail: retjcc@gmail.com

In re New Golden Apple, Inc.
   Bankr. S.D.N.Y. Case No. 19-13539
      Chapter 11 Petition filed November 1, 2019
         See http://bankrupt.com/misc/nysb19-13539.pdf
         represented by: Satish Kumar Bhatia, Esq.
                         BHATIA & ASSOCIATES PLLC
                         E-mail: satishbhatiaus@yahoo.com

In re D&M Logistics, LLC
   Bankr. N.D. Tex. Case No. 19-44476
      Chapter 11 Petition filed November 1, 2019
         See http://bankrupt.com/misc/txnb19-44476.pdf
         represented by: Warren V. Norred, Esq.
                         NORRED LAW, PLLC
                         E-mail: wnorred@norredlaw.com

                            - and -

                          Clayton L. Everett, Esq.
                          NORRED LAW, PLLC  
                          Email: clayton@norredlaw.com

In re Casey B. Huff
   Bankr. S.D. Tex. Case No. 19-36071
      Chapter 11 Petition filed November 1, 2019
         represented by: Richard L. Fuqua, II, Esq.
                         FUQUA & ASSOCIATES, PC
                         E-mail: fuqua@fuqualegal.com

In re Nathan Robert Samples and Belinda Knott Samples
   Bankr. N.D. Ala. Case No. 19-41833
      Chapter 11 Petition filed November 1, 2019
         represented by: Tameria S. Driskill, Esq.
                         E-mail: tsdriskill@aol.com

In re Steven Corl Decker
   Bankr. C.D. Cal. Case No. 19-11819
      Chapter 11 Petition filed November 1, 2019
         Filed Pro Se

In re Jamie Benjamin Billman and Melissa Cotta Billman
   Bankr. E.D. Cal. Case No. 19-90989
      Chapter 11 Petition filed November 1, 2019
         represented by: Walter R. Dahl, Esq.

In re Urben Paras Taporco and Isabel Gabriel Taporco
   Bankr. N.D. Cal. Case No. 19-52231
      Chapter 11 Petition filed November 2, 2019
         represented by: Arasto Farsad, Esq.
                         FARSAD LAW OFFICES
                         E-mail: FarsadECF@gmail.com

In re Manish C. Patel
   Bankr. M.D. Fla. Case No. 19-04216
      Chapter 11 Petition filed November 1, 2019
         represented by: Jason A. Burgess, Esq.
                         THE LAW OFFICES OF JASON A. BURGESS, LLC
                         E-mail: jason@jasonaburgess.com

In re David A. Heath and Ivy O. Heath
   Bankr. E.D.N.C. Case No. 19-05089
      Chapter 11 Petition filed November 1, 2019
         represented by: Trawick H. Stubbs, Jr., Esq.
                         STUBBS & PERDUE, P.A.
                         E-mail: efile@stubbsperdue.com

In re Ulster Business Complex, LLC
   Bankr. S.D.N.Y. Case No. 19-36774
      Chapter 11 Petition filed November 3, 2019
         See http://bankrupt.com/misc/nysb19-36774.pdf
         represented by: Anne J. Penachio, Esq.
                         PENACHIO MALARA, LLP
                         E-mail: apenachio@pmlawllp.com
                                 frank@pmlawllp.com

In re Michael P. Cryan and Suzanne B. Cryan
   Bankr. W.D.N.Y. Case No. 19-12292
      Chapter 11 Petition filed November 1, 2019
         represented by: Arthur G Baumeister, Jr., Esq.
                         BAUMEISTER DENZ LLP
                         E-mail: abaumeister@bdlegal.net

In re Jay M. Murray, Jr.
   Bankr. N.D. Ohio Case No. 19-16758
      Chapter 11 Petition filed November 1, 2019
         represented by: Glenn E. Forbes, Esq.
                         FORBES LAW LLC
                         E-mail: bankruptcy@geflaw.net

In re Ana M Garza, Inc.
   Bankr. N.D. Tex. Case No. 19-33677
      Chapter 11 Petition filed November 3, 2019
         See http://bankrupt.com/misc/txnb19-33677.pdf
         represented by: Robert Thomas DeMarco, Esq.
                         DEMARCO MITCHELL, PLLC
                         E-mail: robert@demarcomitchell.com

In re Salvador Loera and Bertha Loera
   Bankr. W.D. Tex. Case No. 19-31817
      Chapter 11 Petition filed November 1, 2019
         represented by: Michael R. Nevarez, Esq.
                         THE LAW OFFICES OF MICHAEL R. NEVAREZ
                         E-mail: MNevarez@LawOfficesMRN.com

In re Deryl Garmon, II
   Bankr. E.D. Cal. Case No. 19-26905
      Chapter 11 Petition filed November 4, 2019
         Filed Pro Se

In re Juan Luis Larino
   Bankr. D.N.J. Case No. 19-30898
      Chapter 11 Petition filed November 4, 2019
         represented by: David L. Stevens, Esq.
                         SCURA, WIGFIELD, HEYER & STEVENS
                         E-mail: dstevens@scuramealey.com

In re Gregory McCullough
   Bankr. E.D.N.Y. Case No. 19-77515
      Chapter 11 Petition filed November 4, 2019
         represented by: Ronald D. Weiss, Esq.
                         RONALD D. WEISS, P.C.
                         E-mail: weiss@ny-bankruptcy.com

In re Lusky E. Abhiva
   Bankr. S.D.N.Y. Case No. 19-23947
      Chapter 11 Petition filed November 4, 2019
         represented by: Michael A. Koplen, Esq.
                         E-mail: Atty@KoplenLawFirm.com

In re 6365 Fourth Avenue Corp.
   Bankr. S.D.N.Y. Case No. 19-23948
      Chapter 11 Petition filed November 4, 2019
         Filed Pro Se

In re Pennsylvania Contracting Incorporated
   Bankr. W.D. Pa. Case No. 19-24329
      Chapter 11 Petition filed November 4, 2019
         Filed Pro Se

In re Frisco Athletic Network Incorporated
   Bankr. E.D. Tex. Case No. 19-43012
      Chapter 11 Petition filed November 4, 2019
         See http://bankrupt.com/misc/txeb19-43012.pdf
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS
                         E-mail: eric@ealpc.com

In re Networkbuilder LLC
   Bankr. N.D. Tex. Case No. 19-44550
      Chapter 11 Petition filed November 4, 2019
         See http://bankrupt.com/misc/txnb19-44550.pdf
         represented by: Alice Bower, Esq.
                         THE LAW OFFICE OF ALICE BOWER
                         E-mail: bknotice@alicebower.com
                                 ecf@alicebower.com,
                                 alice@alicebower.com

In re Cody Lee Wilson and Whitney Brinkley Wilson
   Bankr. N.D. Tex. Case No. 19-50292
      Chapter 11 Petition filed November 4, 2019
         represented by: Max Ralph Tarbox, Esq.
                         TARBOX LAW, P.C.
                         E-mail: jessica@tarboxlaw.com

In re Michael Edward Ledue and Constance Ellen Ledue
   Bankr. N.D. Tex. Case No. 19-70323
      Chapter 11 Petition filed November 4, 2019
         represented by: John A. Leonard, Esq.
                         LEONARD, KEY & KEY
                         E-mail: lenbiz@rlklaw.net

In re C Lugrand-Dawkins Enterprises, LLC
   Bankr. S.D. Tex. Case No. 19-36211
      Chapter 11 Petition filed November 4, 2019
         See http://bankrupt.com/misc/txsb19-36211.pdf
         represented by: Robert C Newark, III, Esq.
                         A NEWARK FIRM
                         E-mail: office@newarkfirm.com

In re Paul F. Rhoads
   Bankr. S.D. Tex. Case No. 19-36213
      Chapter 11 Petition filed November 5, 2019
         represented by: Thomas Baker Greene, III, Esq.
                         LAW OFFICE OF THOMAS B. GREENE III
                         E-mail: tbgreeneiii@msn.com

In re Double H Transportation LLC
   Bankr. W.D. Tex. Case No. 19-31830
      Chapter 11 Petition filed November 4, 2019
         See http://bankrupt.com/misc/txwb19-31830.pdf
         represented by: Michael R. Nevarez, Esq.
                         THE NEVAREZ LAW FIRM, PC
                         E-mail: MNevarez@LawOfficesMRN.com
                                 MRN@MRN4Law.com

In re Bryan A. Lopez
   Bankr. W.D. Tex. Case No. 19-52636
      Chapter 11 Petition filed November 4, 2019
         represented by: Ronald J. Smeberg, Esq.
                         THE SMEBERG LAW FIRM, PLLC
                         E-mail: ron@smeberg.com

In re Mark Dale Mattlage-Thurmond and Robert Jewell Snowden
   Bankr. W.D. Tex. Case No. 19-60832
      Chapter 11 Petition filed November 4, 2019
         represented by: Erin B. Shank, Esq.
                         ERIN B. SHANK, P.C.
                         E-mail: shankcourtnoticesonly@gmail.com

In re Core Capital Partners LLC
   Bankr. D. Ariz. Case No. 19-14071
      Chapter 11 Petition filed November 5, 2019
         Filed Pro Se

In re NOS Inc.
   Bankr. N.D. Fla. Case No. 19-40593
      Chapter 11 Petition filed November 5, 2019
         See http://bankrupt.com/misc/flnb19-40593.pdf
         represented by: Robert C. Bruner, Esq.
                         Byron Wright, III, Esq.
                         BRUNER WRIGHT, P.A.
                         E-mail: rbruner@brunerwright.com
                                 twright@brunerwright.com

In re Medi Caregivers LLC
   Bankr. N.D. Ga. Case No. 19-67781
      Chapter 11 Petition filed November 5, 2019
         Filed Pro Se

In re Chris A. Hale Co., LLC
   Bankr. N.D. Ga. Case No. 19-67877
      Chapter 11 Petition filed November 5, 2019
         See http://bankrupt.com/misc/ganb19-67877.pdf
         represented by: Joseph Chad Brannen, Esq.
                         THE BRENNAN FIRM, LLC
                         E-mail: chad@brannenlawfirm.com

In re Evermilk Logistics, LLC
   Bankr. N.D. Ind. Case No. 19-12077
      Chapter 11 Petition filed November 5, 2019
         See http://bankrupt.com/misc/innb19-12077.pdf
         represented by: Daniel J. Skekloff, Esq.
                         Scot T. Skekloff, Esq.
                         HALLER & COLVIN, PC
                         E-mail: dskekloff@hallercolvin.com
                                 sskekloff@hallercolvin.com

In re Erica R. Balthrop and Hugh H. Balthrop
   Bankr. N.D. Miss. Case No. 19-14502
      Chapter 11 Petition filed November 5, 2019
         represented by: Jeffrey A. Levingston, Esq.
                         LEVINGSTON & LEVINGSTON, PA
                         E-mail: jleving@bellsouth.net

In re Twin Avenue, LLC
   Bankr. S.D.N.Y. Case No. 19-23949
      Chapter 11 Petition filed November 5, 2019
         See http://bankrupt.com/misc/nysb19-23949.pdf
         represented by: Scott Levenson, Esq.
                         LEVENSON LAW LLC
                         E-mail: Levensonlawgroup@gmail.com

In re Pontiac Properties, LLC
   Bankr. E.D. Pa. Case No. 19-16951
      Chapter 11 Petition filed November 5, 2019
         See http://bankrupt.com/misc/paeb19-16951.pdf
         represented by: Thomas Daniel Bielli, Esq.
                         BIELLI & KLAUDER, LLC
                         E-mail: tbielli@bk-legal.com

In re Billy Max McClendon and Sherrie McClendon
   Bankr. N.D. Tex. Case No. 19-20351
      Chapter 11 Petition filed November 5, 2019
         represented by: David R. Langston, Esq.
                         MULLIN, HOARD & BROWN
                         E-mail: drl@mhba.com


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Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2019.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000.

                   *** End of Transmission ***